Walgreens boots i. E. The Pension Funds of all the employees the buildings in which walgreens lives theyll just sell 3 it all off pay themselves a huge dividend leave the 70000000000. 00 of debt with the public shareholders when theyve bring it back to the market and dump it on our pension fund leveraged buyout just to be clear youre youre pledging the assets of the company to borrow the 70000000000. 00 in this case from the central bank that will charge you nothing for it then you make the acquisition then you make a few spin offs like the pension accounts to pay back that debt and you keep the keep the rest i mean thats what ray dal you know is essentially talking about when he says billionaires like himself or henry kravis or Steph Stephen schwarzman they get to borrow for free at the fad and then destroy the livelihoods of the bottom 50 to 90 percent of the population sells 500000000. 00 in stock i dont know how to pronounce his name kalanick hes the guy who is out. Said he gets 50
I want to rock and roll all night. And party every day. I want to rock and roll all night. And party every day. Cheryl welcome to fbn a. M. Good morning, im cheryl casone. Lauren happy friday. Good morning. Im lauren simonetti. Cheryl lets take a look at how your money is moving on this friday. The banks so far surprising to the upside, a little bit of pressure on the futures market. The dow is down 18, nasdaq is down 10. Well be hearing from American Express before the bell. Lauren in asia, the shanghai come pocomposite in china, down. Beijing reporting the worst Economic Growth since the 1990s. Cheryl all eyes on europe, with Boris Johnsons deal with the eu. The cac 40 is under pressure. The dax is slightly higher. Lauren we have a lot of geo politics in different poll e pos in different parts of the world. The fighting continues in Northern Syria where shelling and smoke can still be seen. Cheryl Griff Jenkins has more from washington with all the latest. Griff, good morning. Report
Money manager ken fisher and forget the stock of the day and why many are set to soar it is wednesday, october 16. Worldwide exchange starts right now. Good morning. Welcome to the show. Stock futures indicating the dow will open modestly lower at the open you can see if these futures open, the dow would open down by about 57 points and the nasdaq around 15 to 16. The blue chips open at 27,000 for the First Time Since september. The dow and s p 1 away from record high levels the 10year Government Note a tick lower at 1. 733 twoyear note, 1. 57 in the asian trade, japan now up about 1 hang seng up about half a percent. In south korea, the central bank lowering the key rate a quarter of 1 as expected to a report low 1. 25 . More room is still there as well european trading, we are seeing a little negativity there. German dax as well and the german ftse off as well. New developments in the u. S. china trade war issuing a strong warring to d. C. After the house backed the prodemocracy move
Nejra welcome to bloomberg surveillance. Francine lacqua is in helsinki at the nordic business form. First, lets check in on the markets. European equities turning negative of the stoxx 600. The 10 year yield moves lower after jumping ive basis points yesterday. So a little bit of risk off in terms of equities and yield. But the weaker dollar suggests there might still be optimism out there. Conflicting headlines ahead of the trade talks. Francine lacqua is at the Nordic Business Forum. Do not miss her interview with the ceo and founder of zuckerberg media. Thats coming up just after 9 30 a. M. And later, francine will speak to finlands economic minister just after 9 45 a. M. U. K. Time. Lets get first word news. To force kurdish militants away from the region, turkey has launched a military incursion into syria. Four years them and kara for ankara has fought and says it will not allow the kurdish protostate on the border. When asked what President Trump would do if turkey wiped out th
You guys know better that not nasdaq indicated down and s p anyone doing a secondary in your ipo is unparalleled. Down by one. That is a testament to the investors we brought into the down was down by 180 points ipo that believedin us again we did that a month ago over the yesterday. Every move we see seems to be premium of the price trigger by the moves of these the larger conversation being had about investors i think trade talks. There is a difference here lets look at the treasury this is why i think this is succeeding a, not only are you nailing the market the 10year looks likes it numbers, but, b, because you are yielding 1. 592 . Only for five years and you had to take in crazy amounts of 30year about 2. 1 money prior, right dont you think thats a huge part of this i do. I think we had very strong investors previously when we were a private company in todays environment, if we twoyear trading at 1. 462 needed them to do a 100 insider one Earnings Report of note today, Delta Airl