The ruble plus fall. Almost 11 butd turned again, plunging to an alltime low of 79 to the dollar. Oil resumed its plunge as well. West texas intermediate brent trading above 60, both of those five years. In sydney, australia, the hostage siege ended in a deadly shootout. The gunman was a selfproclaimed islamic eric cleric from iran. Here is the us join prime australian the Prime Minister, tony abbott. Not only us in australia but tens of hundreds of millions of ple around the world sydney has been touched by terrorism for the first time in years. The mans former lawyer said it was unlikely he was involved in terrorism as part of a group. He was acting alone. In pakistan, and attack by the taliban on a school. 126 people killed, many of them students. A taliban spokesman said that the attack was in retaliation for the killing of taliban tribal members. And they take over in the oil business. Of a takeover in the oil business. All has agreed to buy repsol has agreed to buy talisman energ
Even as it isnt certainly my style to radically overpay which is why im not going to sweat how the ipo of year, twitter, traded today. Otherwise soggy session. Dow gave up 115 points. S p drop 1. 32 . Nasdaq declined 1. 9 . You most likely all know, the Company People thought would open at 22 a share a few weeks ago which opened at 45 and change today. You watched the saga today with a jaundiced eye as i did. It was imperative to put the kpans stock within the valuation confines of the other industry in industry, social mobile and cloud space. As someone schooled in relative evaluation, meaning how does twitter fit in with the rest of the cohort even if the cohort has scarcity value, i arrived at a 28 price in the cool of the night that i felt wasnt prudent to go above. Because thats what the universe of facebook, yelp and cloud plays yielded as being reasonable. I reiterate buying the stock up here is not prudent because of the kind of analysis ive been taught and almost always done m
I have no problem with it. Even as it certainly isnt my style to radically overpay, which is why im not going to sweat how the ipo of the year, twitter, traded today. In an otherwise soggy session. Dow gave up 115 points. S p drop 1. 32 . Nasdaq declined 1. 9 . You most likely all know, the Company People thought would open at 22 a share a few weeks ago, which actually opened at 45 and change today. You watched the saga today with a jaundiced eye, as i did. I thought it was imperative to put the companys stock within the valuation confines of the other industry in industry, social mobile and cloud space. As someone schooled in relative evaluation, meaning how does twitter fit in with the rest of the cohort even if the cohort has scarcity value, i arrived at a 28 price in the cool of the night that i felt wasnt prudent to go above. Because thats what the universe of facebook, yelp, linkedin and other social, mobile, cloud plays yielded as being reasonable. I reiterate buying the stock u
A new report is out on who is paying and how. The share of the bill the parents are putting up is dropping bigtime. Well tell you how people are making ends meet. First though to sue at the nyse. They are talking about that burger down here on the floor, ty, but were going to talk about the s p because right now, as you pointed out, the s p, the dow and the nasdaq kind of a mixed performance. The s p is down about 2. 5 points, but the dow is up 21 and the nasdaq down 13 and the russell off just a fraction, but we want to focus on the s p for just a minute. At the 1692 mark just shy of the 1700 mark. Career to date that means the s p is up a full 18 . If we cross 1,700, what does that mean for all of those wall street strategists who are way under that for the yearend targets . Josh lipton and his team have been calling all the big firms out there and joins us live from hq. What have you been finding out, josh . Hey there, sue. The s p 500 nearing 1700, a big filestone for a market alre