A bonus battle heats up as they suggest that a compensation could fall this year for the First Time Since 2011. The best night for saturday night live. Critics slam Donald Trumps appearance and calls by opposers to dump the trump. Good monday morning. Thank you so much for joining us. If youre just tuning in, thanks so much for finally sharing your time with us. Lets quickly check in on the futures board and what its telling us ahead of the wall street open today. And it looks like we are below fair value. Were coming off the sixth consecutive fasa week for all big three industries. Thats the longest winning streak since late 2014. The implied open is telling us were going to be down 5 points. The s p, Dow Jones Industrials pricing in declines. The nasdaq looks like we are closer by 4. 5 points. Lets talk about european markets. European markets, weve been on a winning streak of sorts at least when it comes to the cac 40, german dax as well. Today were giving back some of that advance.
Points. Here are the big stories were watching today. Weyerhaeuser is buying plumb creek timber for 8. 4 billion in the total price tag. The combined company will keep the weyerhaeuser name and manage 13 million acres of timberland. You can see plumb creek timber up 17 in the premarket. The dubai air show is now open for business. The last show two years ago saw record breaking orders. Thats not the case this time. No major purchases yet announced. Some say this is raising the red flag about the longer term health of the business. And in other global news, lufthansa canceling more than 900 flights today due to a cabin crew strike. A union calling for a walkout in frankfurt, munich, dusseldorf. 900 flights canceled. We talked about it on friday, i dont remember a lot about it. I remember i had to say dusseldorf. I remember seeing that in the teleprompter and nailed it. Nailed it. So theres a five star hotel there. There might be but i wasnt there on vacation. You were you were not there
Come at 8 30 eastern time and at 10 00 wholesale trade. Well be getting Quarterly Results before the bell. Okay. Lets tell you about some of the stories that were watching this morning. Valeant said to hold a Conference Call at 8 00 eastern this morning. Its going to be providing a Business Update to investors and take questions. Town more than 40 since the short sellers report was published on october 21st. That report accused the company of fraud compared to drug pricing. Now that same short seller now focussing on did i mispronounce it you tell me. How would you pronounce it. Mallinckrodt. I thought i came close. Good for you. They call citron a far more defe offender. Shares of that company dropping near a two year low yesterday. The Company Tells cnbc its fully confident in its Business Model. They will join us live to talk about it. Also in tech news this morning, apple ceo tim cook is in italy today speaking at the university in milan. He was in london yesterday for the launch o
Thats our show tonight. And now jon stossel. John im a big failure. I started facebook and it failed really . Well sorted. When i was in college i published a guidebook for guys that included a fresh picture girls from neighboring allgirls schools. Clearly this was the first facebook. Unfortunately al gore has suspended the internet so my facebook was an interactive and useful and also to the girls i was about to get publicity. 60s protests erupted stealing all the attention. My facebook had no publicity. Years later Mark Zuckerberg tried again improving on my idea and now he has 40 billion i dont. But i tried again. I became a tv reporter and that worked out. Turns out lots of successful people fail at first. Oprah winfrey, steve jobs come the author of dr. Seuss. Some argue that they were fueled by failure. Thats the title of a new book by jeremy bloom. Bloom has been a success. You were once an olympic level skier andy played profoot all for two nfl teams and yet you say you were fu
Thats our show tonight. And now jon stossel. John im a big failure. I started facebook and it failed really . Well sorted. When i was in college i published a guidebook for guys that included a fresh picture girls from neighboring allgirls schools. Clearly this was the first facebook. Unfortunately al gore has suspended the internet so my facebook was an interactive and useful and also to the girls i was about to get publicity. 60s protests erupted stealing all the attention. My facebook had no publicity. Years later Mark Zuckerberg tried again improving on my idea and now he has 40 billion i dont. But i tried again. I became a tv reporter and that worked out. Turns out lots of successful people fail at first. Oprah winfrey, steve jobs come the author of dr. Seuss. Some argue that they were fueled by failure. Thats the title of a new book by jeremy bloom. Bloom has been a success. You were once an olympic level skier andy played profoot all for two nfl teams and yet you say you were fu