Train continues philip morris, kkr are among the names to watch before the bell today. News corp. , activision. The ecb will announce its policy decision later today. The market is hanging on those two reports. Kayla, thank you very much. Weve got some big Corporate News for you this morning. Twitter, that was your top corporate stories. Shares getting slams slammmed. The stock is down big time, about 17 . Wiping out basically a sixth of the companys value. Earnings and revenue did beat the street. That was not the problem. This was. Slowing new user growth and a severe decline in timeline use. Thats when a user refreshes their twitter spaj, being used as one of the key measures of how active users are. Ubs out this morning cutting price targets from 55 to 35. What does this say about twitter . These crazy valuations. I dont want to say they havent revolutionized the world. They have. But is it possible that this is the beginning of the bubble getting ricked . I was thinking about this
And spain. The roadmap goes like this gm motors Ceo Mary Barra on the hill to answer questions surrounding the companys controversial ignition switch recall. The s p and nasdaq looking to start down the road to a sixth consecutive gain as we head into the Second Quarter. The current fivequarter winning streak last accomplished way back in 2007. Activist investor starboard redoubling charges that dardens planned spinoff of red lobster is designed to benefit management over shareholders. If you see something fast, Say Something fast. Fbi launching an investigation, actually, it has launched an investigation already. We only learned about it, that it is looking in to High Frequency trading. Interesting how many stories have bubbled up on this suddenly. If we can get mary barra to talk about it, well have a collision of worlds collide. Shell have enough on her plate. Oh, my, this is big. Gm Ceo Mary Barra will be on capitol, and the hearings will focus on why they took more than a decade t
Is sometimes good news. A big week for ipos, more than Ten Companies set to go public, including king, maker of candy crush. How Many Companies expected to rally when they start trading. Apple in early talks with comcast about a new streaming television service. So the big question is this the apple tv weve all been waiting for . First up, s p hit new intraday highs on friday, ended up closing to the downside. Over the weekend, on cbs sunday morning jim cramer offered best advice on best ways to achieve Financial Independence and secure retirement. Take a listen. How do you go about managing your money . First, theres two different kinds of investing. And thats why you should have two different portfolios. Youve got your retirement portfolio, selfexplanatory, where you want to keep money in tax favored vehicle like a 401 k or individual retirement account. I. R. A. For short. Nice work. Fits what youve been saying about the market having two personalities, too. Exactly. The people, dis
Ge has more cash to do things with. Time and mens fortunes change. You go with the flow. Every time they do a deal, they say its great for both parties. Stock goes up in one case and down in the other. Ge is in one, can use the money, comcast in another and actually worked. Worked out well. Comcast has a great set of assets now a ge has cash to invest in what they want to do. We all do it differently in our times. Jack, we love you, on valentines day especially. Happy valentines day. Merger thursday with all these deals. Huge day on wall street. Almost 100 million in fees for the banks. Center view bank. Make sure you join us tomorrow. Happy valentines day. Congratulations to squawk. What a breaking news. Warren buffett making a big deal with heinz. Im Carl Quintanilla from the stock exchange. Kramer is off. We hope aol call in. Heck of a week to take a vacation, one of the biggest months for m and a. Yeartodate, m and a volume up 25 . Berkshire hathaway, 3g buying heinz for 72. 50 a s
Detroit’s Renaissance Center has long defined the city’s skyline, its image gracing the covers of countless promotional brochures and regularly shown on nationally televised sporting events in the Motor City. But despite sweeping views from its glass towers, the Ren Cen is arguably Detroit’s most unloved building. Navigating its collection of towers is like trying […] The post Rick Haglund: General Motors is moving out of Renaissance Center. Now what? appeared first on Michigan Advance.