The yield is up after the fed minutes suggest the hawks are a little bit restless and as for europe we continue to watch the death toll in ukraine. The eu does hold an emergency meeting today. It is facebooks largest ever acquisition by far, the social network whying messaging Service Whatsapp and Mark Zuckerberg said the deal came together in ten days and some of the details are beginning to fill in. Closing the deal over chocolatecovered strawberries but a lot of metrics being thrown around, david, 42 a user and questions of how quickly this company can grow. Yeah. Of course, the thought being at 450 million users perhaps they can get to a billion. It is considered a communications platform. It is not about advertising. It is about communications. It is a very Popular Platform in europe. The user interface is said to be very slick. Given that most of the 55 employees that work at this company are engineers. But, carl, you know, there are many people who might want to ven tture its 19
Is sometimes good news. A big week for ipos, more than Ten Companies set to go public, including king, maker of candy crush. How Many Companies expected to rally when they start trading. Apple in early talks with comcast about a new streaming television service. So the big question is this the apple tv weve all been waiting for . First up, s p hit new intraday highs on friday, ended up closing to the downside. Over the weekend, on cbs sunday morning jim cramer offered best advice on best ways to achieve Financial Independence and secure retirement. Take a listen. How do you go about managing your money . First, theres two different kinds of investing. And thats why you should have two different portfolios. Youve got your retirement portfolio, selfexplanatory, where you want to keep money in tax favored vehicle like a 401 k or individual retirement account. I. R. A. For short. Nice work. Fits what youve been saying about the market having two personalities, too. Exactly. The people, dis
A navy seal who uses balance to create a multimillion dollar business. All that and more over the next hour. First, let us get headlines from carol massar. Very busy in the afterhours. Alibaba filing today for what could be the u. S. s largest initial Public Offering ever. They did not specify how many shares it will offer in its ipo or what the evaluation will be. The market value is estimated at 168 billion. Frozen continues to sizzle for disney. They saw quarterly profit at 27 because of the megahit. Disney reported secondquarter income of 1. 92 billion. Groupon transition to ecommerce retail is hitting bumps along the way. They forecast secondquarter earnings that trailed estimates. Shares are falling in the afterhours. That is the top headlines at this hour. I thought youre going to sing the theme song from frozen. Joining me to discuss alibaba, cory johnson joins us from san francisco. Eric jackson from ironfire. Lay out the numbers we understand the scale. 5. 5 billion in revenu
Strong day, cisco doing well. One of the most actively traded stocks. And caterpillar which was yesterdays drag is one of todays leaders. A herky jerky motion. Bill miller said yesterday on the show its a great market for anyone with a home towardson longer than half an hour and is very positive on apple saying that stock will go past 700 bucks, this as some were saying apple may be releasing new hardware sooner than later. Well hear the bull and bear talk on apple. Any time after 4 00, about an hour from now, Chinese Ecommerce Company j. D. Com is set to release its ipo, 15 times subscribed, a huge ipo to watch in its own right but takes on added significance because it comes ahead of al bal of ali. Fallout that will ensue with the chinese prices and could be the third biggest ipo of the year. Heres where we stand in the market. Dow up 153 points. Today were only 200 almost 150 points off its alltime closing high. The s p 500, meanwhile, up 13, 1886 is the level there and nasdaq up 30
It shutdown access to arriving. Smoke could be seen billowing above the airport. Monday night. Jim is off. I am rick williams. The latest on this fiery breaking news from the airport. Going live to dune dune a dann t the scene. Reporter everything is under control. Some nervous passengers didnt know what was going on when a park and jet shuttle bus erupted in flames followed by a couple of explosions. They shot this spectacular cell phone video. The entire vehicle was engulfed. It was blazing away. It was a cabin at the front end at first. It escalated to what appears to be a bonfire. Flames, the bus was parked. People were running and nervous. I didnt understand what happened. I didnt he see when it first boom. I heard a boom all the way to another terminal. Reporter Vince Gallagher heard a boom too. Reporter fearing for passengers inside the debaggage claim area. They were evacuated to terminal c. The tires were popping where it was situated it could blow out the windows. I was nervo