The topics in a moment. Here with us as well. You have been looking into king digital and the ipo. This was an ipo that was talked about to some extent. I have never played it ever. We are in the minority. A lot of people who lose use then a monthly basis are in millions, only four percent actually pay for the game. The way it works is you pay to get ahead. You buy things in the game that allow you to advance within the game and are useful to you. In addition to that, we are looking at this to figure out if it is a filing under the jobs act. The company made over 600 million and revenue. 159 million in profit. It is turning a profit the bulk of the revenue and the users are using candy crush, even though it has 180 games that have been developed. It does have a couple of other games. You wonder if they are striking while the iron is hot. And there will be questions beer whether they should commanding such a high valuation. Farmville in drag. There are two kinds of games. The ones that
A. M. Earnings are still coming. Coca cola. After the bell, panera. Lets get a data check. Stocks, bonds, currencies, commodities. Adam johnson will love a lot. Have a lot. The 10 year yield turns off of the weekend. Decidedly stronger euro we will talk about the yen. Oh what a winter it has been in the east. Nymex american crude. That get your attention. Here is a good the markets have been. Up foring to write that a chat on bloomberg businessweek. Out over its skis. 40. 56. En up to a 1 here is japan over the weekend. There is a spike up in japanese inflation and the major thing here is that the climb that does in real wages and japan they blow right through zero Percent Inflation in japan. Who would have thought . That is what they have been trying to accomplish for years and theyre finally getting it. Be careful what you wish for. We wished for a front page this morning. Tonya chen did a wonderful job. She did. A lot of talk about dealmaking among potential dealmaking. Dealmaking,
Over again . People are talking about whether a new tech bubble is forming. How many times will we have this discussion . The more, bill, this activity picks up, the more people will question some of the valuations. Is it a legitimate worry . Is there Something Different this time . Well explore this issue. Have you ever played candy crush . No. I havent either. We are no candy crush, no house of cards. Were living in our own little bubble at the new york stock exchange. Also, its the pharmaceutical deal that has carl icahn tweeting again. Actavis is buying forest labs. Paul bisaro will be joining us, a first on cnbc interview, to tell us what was behind that move. A reminder of where we stand in markets, the dow shedding 13 points this hour in an up and down session. The nasdaq looking pretty strong today. Its adding threequarters of 1 . Finally, the s p 500 up just a couple. So barely positive. 1,841 is the level were watching right now. Lets talk about this market as we watch it dri
Northeastern commuters caught in the crosshairs once again. We are watching the weather and will have wall streets weather man to explain how you might make some money off this rough, rough winter. Sue is off today. S sara eisen is at the new york stock exchange. A big number to the down side of the housing sector. Diana olick, big drop for home Builder Sentiment. The sector is down but what does it mean for home prices . Reporter well, look, we know that the builders have had to raise their home prices because they are facing rising costs for land and for materials. They are also facing a labor shortage because so many contractors got out of the business during the housing crash. All of that having an impact. But take a look at the numbers from todays report. A historic drop in Builder Sentiment, bringing the Sentiment Survey numbers into the negative for the First Time Since last may. Thats the largest drop, that ten point drop, in the history of this survey going back to 1985. But l
Indicators. And friday, existing home sales. As for earnings central, watch for reports today from cocacola, medtronic, more weejance cruise lines and others. Then this afternoon, were going to hear from Companies Like herbalife. Ahead of all that activity, lets take a look. Its a mixed bag, plus or minus the flat line either way. Scott, it is a short week, but it is a busy one. Europes activist is reportedly in advanced talks to acquire forest laboratories. Forest value the it up to 25 billion. That stock is up about 18 . And the deal could be announced as early as today. Mine while, hp executives reportedly knew about autonomys Accounting Practices months before a whistleblower flagged them. Youll remember hp said it was a victim for having paid 11. 1 billion for buying autonomy in 2011. But it was accused of overstating revenues before it was sold. They said a report was provided to hp after it bought the british softwaremaker. Hp shares, mean wile, at the close of trading on friday