Right now. We are getting ready for yet more earnings, some big numbers after the bell tonight including starbucks, linked in and first solar, just a few of the Big Companies reporting in less than an hour. We will have all of that for you in just a little bit. Donald trump also invoking the name of larry kudlow in last nights debate. Larry kudlow is an example who i have a lot of respect for, loves my tax plan. They said that you have as much chance of cutting taxes that much without increasing the deficit as you would of flying away from that podium by flapping your arms. Then you have to get rid of larry kudlow who sits on your panel who is a great guy who came out the other day and i said i love trumps tax plan. And larry is coming back to the panel, he is going to join us live along with barney frank to give us his reaction. All of that coming up. Lets get to this gopro story, tumbling to this all time low relative to where it was from its oip, seema mody has the market flash for
The center of that story for weeks. Bob peck, the analyst with sun trust. Bob, its good to have you back. Thanks for having me. The board is considering a spin or a sale of the core assets or maybe other things. Whats most likely to happen . A couple of these. We think when yahoo did not receive its public ruling from the irs that that would be taxfree, but that was a material adverse change. The board right now is doing what it should do prudently looking at all the other options that maybe more taxrisk averse. With that you have a spin of the core and absolute sale of the core. You have a sale of the asset. You could even do a cash rich tax free spin with alibaba. Theres a bunch of alternative theres, and we think theyll ultimately look to maximize their sharing responsibility. Taking it a step further. Tell me what you think is likely. Probably most likely, most simple and we point in our note today, you could just flat out sell the core, which we think could generate 6 billion to 8
The fed is expected to raise the benchmark Interest Rate sometime next year. Some question whether that might be too soon given what we have seen in the markets. A potential merger in the Railroad Industry will not be happening at least for now. Rejected a proposal sometime in the past week. A deal would have created a rail specific transcontinental reach. If there will be another offer. Down 11 bill ackman on the first day of trading in amsterdam. Panic and redemption define investors. Here is what he said. We are not Berkshire Hathaway. That is not a bad business model. You think about a longduration business strategy. We will buy large stakes in Public Companies like we have in the past. Do you think of yourself more like Warren Buffett . A betterk that is choice. Im friendly with mr. Carl icahn. In terms of Investment Strategy, we are much more like Berkshire Hathaway. The first time, someone has contracted ebola inside the United States. Is Hazardous Materials crew decontaminating
And questions whether organic food is really better for you than nonorganic food. This hourlong program is next on booktv. Good evening. It is so terrific to be here tonight because it feels like a sister city to eugene. I may have a relatively ibms for talking about the veracity of the label organic. But first, i do want to thank village both and cspan. Cspan is here tonight for booktv because my life changed in this room a few years ago. The issues for the iraq war was also shot by cspan. When it played on booktv, third on this grade with my email address. I received an email from somebody in the audience that was based on a throwaway line i made about my next book be about bias and the flowers because it is so difficult to write about the iraq war. Because of the email which came from an american expatriate nicaragua and operating with the butterfly reserve, i went off the road of book and had extraordinary adventures around the world called the dangerous world of butterflies that n
There is a bit of a slowdown. We have mario draghi facing questions on quantitative easing. Can you believe it . People were wondering when it might end. We have questions of structural reforms. What are they doing . You have it easy to spend and come by. Lets take a look at the market and the drag on the australian dollar. It is a big area of commodities and they supply china and show a little bit of a wobble economy. That will head foreign currencies. Chief and i on this. Lets have a look at the commodities. Oil is up in the United States because iran is the second member to come out this month. They say, maybe we should cut production in oil and the supply is hitting to us and driving down the oil price for a year now and urges a cut. We see as fight in oil. Ahead of the rate decision, we expect nothing for Interest Rates. We are seeing the euro trading down. Interesting for the bond market. A lot of talk of the lack of liquidity in the bond market. The fed is starting to increase I