Mary. She has been at the company a long time. She has definitely got her hands wrapped around what is going on there. She is in control. The problem is, as a pr issue, it is difficult. That has been their problem. We have other headlines. Lets get caught up. Lets do that. Shall i . Areines flying to russia being warned to watch for tubes of toothpaste that could contain materials used to make bombs. I had a tube taken away last week. Two big . Yes. According to an official, the alert went out yesterday. Just ahead of the games pulmonary events. The opening ceremonies will kick off tomorrow. I cannot believe we are there. Declinedctory orders in december on weaker domestic demand. Orders adjusted for seasonal swings in inflation dropped from november. The numbers signaled that companies in europes largest economy remain hesitant to invest. House republicans are narrowing a list of conditions that they would seek in exchange for votes to raise the debt limit. Leaders have concluded that
Out of the country getting ready to host the worlds biggest tournament. Michelle is filling in. Take a look at what the major averages are doing now. Dow is higher by 70 points. Nasdaq is up 33. Russell higher by nine. The tenyear gold and oil at this hour, tenyear yield is at 2 prn 2. 6 5 . Volume dilt index is up 8 this we week. Im not talking about a huge spike. Speaking of volatility, when it comes to protecting individual investor, this is mad money man jim cramer last night. I, like you, am tired of hearing neither side wants to negotia negotiate. I like you think nothing will get done until we are at a hardship. You know what moment we are at . The moment we start. The moment we start cutting the earns estimates of the companies we follow. This goes to this. Cut numbers. We are no longer in a hurry to do things fast. Why bother if three weeks from now the government will default, who will spend and travel . Who is going to want to eat out in that situation . Each business im inv
Is valued at almost 8 billion but the question everyone is asking is it worth it. Well talk to the ceo after the opening trade. And facebook is jumping into a new arena, Virtual Reality, they are buying oculusvr in a deal worth about 2 billion. So what can virtual do for social . Well try to find out. Blackrock Ceo Larry Fink sounding the alarm about the recent popularity of dividends and buybacks. In a letter this morning well tell you exactly what he had to say. First up, though, King Digital Entertainment set to debut on the New York Stock Exchange, the maker of candy crush saga saw its ipo at 22. 50 a share, gives it a valuation of about 7 billion and ticker will be king and well speak to the ceo right after the companys first trade this morning over at post eight. Jim, you have said you like the way the deals structured so far. It is not an expensive stock. Those who compare it to zynga, zynga was trading at 58 times earnings. This is sa very well multiple stock versus that. Now,
Melissa the backlash continues now. Blackrock Ceo Larry Fink jumping on the bandwagon sending a letter to ceos of all the s p 500 companies, doling out advice. Fink spoke exclusively to our own Maria Bartiromo earlier. Watch this. The letter this time is really a response to our view of the economy is improving. Our view that theres way too much discussion about shortterm trades. Way too much discussions about activism, which in some cases has its role. So were not against activists if they are, indeed if they are doing something to move a company that has been unwilling to do things, what we think are the right things. Melissa so those are the know say this is about finks own ambitions. Here to breaks it all down, our power panel, fox businesss charlie gasparino, tim spice and James Freeman of the wall street journal. Thanks to all you guys for joining us. Charlie, you started this i will let you kick this off. Fink has been on this role about activist investing for three years. We sh
Numbers. The ruling socialists appeared to be the losers the opposition conservatives. The likely winners but the real winner appears to be the far right National Front with a surprise for a strong victory in the top of the novel will be going to a noble goal but also to frances largest cities body and not say to closely watch the races will also be discussing with the results as they come in with our guests the first one is calling the aussie gal who was the National Secretary for the socialist party hello and welcome. Also on the sets by some of that was a National Secretary for the Opposition Conservative Party dp and pimple and welcome. Also with the sculptural from what i do false summits in either. And of the last guests its an itv at the end who is the candidates for the National Front in the parents welcome the zoo too. So people are watching for school to see if the french would stay home or head to the polls well. Many of them decided to stay home be the extension we dont hav