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Transcripts For KQED Nightly Business Report 20240622

Swooned 8 1 2 its biggest one day dive in more than eight years. While you may not own any chinese stocks the continued volatility does matter to investors like you. Its reigniting fears in the worlds second largest economy. A number of big u. S. Companies from caterpillar to whirlpool express concern about the slowdown in change in a, there are new worries about the effectiveness of beijings efforts to prop up the market. By the close, the Dow Jones Industrial average suffered its first fiveday losing streak since january falling 127 points to 17,440. The nasdaq dropped 48 and the s p sank 12. What triggered the big global selloff. Mainland china stock markets equities plunged more than 8 . Thats on signs that beijing may be backing away from supporting the market while concerns over Economic Health soured sentiments even further. The largest list of companies, fell 8. 6 . While the shanghai composite lost 8 1 2 as you see here the drops were the biggest since february 27th 2007. Inve

Transcripts For KQED Nightly Business Report 20240622

Swooned 8 1 2 its biggest one day dive in more than eight years. While you may not own any chinese stocks the continued volatility does matter to investors like you. Its reigniting fears in the worlds second largest economy. A number of big u. S. Companies from caterpillar to whirlpool express concern about the slowdown in change in a, there are new worries about the effectiveness of beijings efforts to prop up the market. By the close, the Dow Jones Industrial average suffered its first fiveday losing streak since january falling 127 points to 17,440. The nasdaq dropped 48 and the s p sank 12. What triggered the big global selloff. Mainland china stock markets equities plunged more than 8 . Thats on signs that beijing may be backing away from supporting the market while concerns over Economic Health soured sentiments even further. The largest list of companies, fell 8. 6 . While the shanghai composite lost 8 1 2 as you see here the drops were the biggest since february 27th 2007. Inve

Transcripts For KQEH Nightly Business Report 20240622

Swooned 8 1 2 its biggest one day dive in more than eight years. While you may not own any chinese stocks the continued volatility does matter to investors like you. Its reigniting fears in the worlds second largest economy. A number of big u. S. Companies from caterpillar to whirlpool express concern about the slowdown in change in a, there are new worries about the effectiveness of beijings efforts to prop up the market. By the close, the Dow Jones Industrial average suffered its first fiveday losing streak since january falling 127 points to 17,440. The nasdaq dropped 48 and the s p sank 12. What triggered the big global selloff. Mainland china stock markets equities plunged more than 8 . Thats on signs that beijing may be backing away from supporting the market while concerns over Economic Health soured sentiments even further. The largest list of companies, fell 8. 6 . While the shanghai composite lost 8 1 2 as you see here the drops were the biggest since february 27th 2007. Inve

Transcripts For KQED Nightly Business Report 20140617

Turmoil in iraq. And also positive data ahead of the Federal Reserve meeting this week. Stocks notched up slightly and helped by all those mergers and the fact that Oil Prices Held steady at 106 a barrel, despite concerns about fighting in iraq. Heres how things looked at the closing bell. The s p 500 added one points. It was metronics buyout of rival medical device maker covidion that had wall street buzzing today. Shares shot up more than 20 on the takeover news while shares were down 1 . Whats behind the deal and whether there will be more. Metronics acquisition of covidion is part of two trends sweeping the industry. The deal will enable metronics to reincorporate on the emerald isle and benefit from the lower tax rate there. A strategy employed by Many Health Care companies over recent years. Including pfizer, in its failed attempt to bias electra zeneca. The rational is one of simply to secure a lower Corporate Tax rate. You generate higher level of earnings power, and any future

Transcripts For WHYY Nightly Business Report 20140616

Stocks notched up slightly and helped by all those mergers and the fact that Oil Prices Held steady at 106 a barrel, despite concerns about fighting in iraq. Heres how things looked at the closing bell. The s p 500 added one points. It was metronics buyout of rival medical device maker covidion that had wall street buzzing today. Shares shot up more than 20 on the takeover news while shares were down 1 . Whats behind the deal and whether there will be more. Metronics acquisition of covidion is part of two trends sweeping the industry. The deal will enable metronics to reincorporate on the emerald isle and benefit from the lower tax rate there. A strategy employed by Many Health Care companies over recent years. Including pfizer, in its failed attempt to bias electra zeneca. The rational is one of simply to secure a lower Corporate Tax rate. You generate higher level of earnings power, and any future deals with a lower tax rate if you look back into u. S. Companies that have higher tax

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