Now shareholders of kraft will get that in the form of a dividend worth about 27 of the shares of kraft right now. I believe thats what it is. 16. 50 is the number we were hearing before this crossed the tape. 27 , youre right. We believe that equates to 1650 as we speak. I have props guys this morning just to show everybody sometimes you try to figure out what these deals actually mean. This is what it actually means. You have planters did you get this all out of your of course the ketchup, Everybody Knows about the ketchup, more peanuts, brought this for you joe. Beans. This is kraft. Wheres the singles. Mac and cheese. This is another piece of it. No metal in here. No metal in that. Any fake flavoring or coloring . I dont know if you remember a1. So there you have it. This is this is the merger right here on the table. We should point out kraft shares closed at at 61. 33. Theyre looking to be somewhere between 72 and 7349. If you think about what this transaction is about, this is t
After falling below that. Frances yield on tenyear, 1. 7. Italy, 2. 8. Its moved up as well to put perspective on that. As for europe and the equity markets in europe, relatively quiet session there. You can see lets call it more or less a mixed bag. Some decent gains out of the gate but a lot of stocks came from in highs. Tech, media, health care, outperforming. Tele comes, real estate and energy lagging. Our road map starts with investors weighing a deepening iraq crisis. New Economic Data as fed meetings begin. What would 110 oil mean for the economy . And can you hear me monow . Amazons phone only on at t. Details leak ahead of the big unveil tomorrow. And drama, intrigue, heartbreak in south america. Not usa ghana. Its the Supreme Court versus argentina. President of argentina calls it extortion. There is a lot for the markets to digest including a key gauge of inflation. Consumer prices rose in may by the largest amount in more than a year, uh. 4 , excluding food and Energy Price
A moment, we will talk admiral brett gira from the Coronavirus White House Task force. But first, welcome to the end of day 11. Seems like they 50. Of our national shutdown. Because of a virus that arrived here via china. The president officially activated his authority under the defense production act of the issue of ventilator production today. Gm had earlier pledged to manufacture ventilators without a government edict, but the white house wasnt happy with the details. We are not looking to be ripped off on price. We dont want prices to be double, triple what they should be. For general voters, we will see what happens, but they werent t the beginning, and i would not right to the country. Laura the art of the deal. Its always the art of the deal, i love it. Trumps best reefer on the virus, without a doubt today. Because of the Imperial College modeling, weve been talking to you before it was raised in the national media. The modeling for this disease has been revised downward, as y
The government on Tuesday announced a ban on the importation of frozen custard apples from China.
The policy is not in retaliation for China’s ban on the importation of fresh custard apples from Taiwan last year.
The ban on frozen fruits from China, effective immediately, aims to ease the pressure on local farmers who have been affected by China’s import ban, the Mainland Affairs Council said.
Taiwan has long had a ban on the importation of fresh custard apples from China, but not on frozen ones, the Council of Agriculture said.
No frozen custard apples had been imported from China or any other country