Focus today as we watch and see what happens with todays iran nuclear story. Anthony we are waiting for something to happen. How long will it take the iranians to get their crude. They are wrestling with your the banks say it could take 12 months. Markets are discounting mechanism and they are already discounting. We are starting to see the price of crude you can see it is coming down over the last few days. Expectations are that if we do see a deal, it will continue to soften. Anna the great optimism greek optimism. An agreekment. That is really horrible. It was the picture up optimism. Some of the gloss has come off of it. You can see the shanghai reacting. That his house or reza will be debating a little bit later on today. Lets carry on the conversation about it looks set to be announced today. Anna diplomats are starting to prepare the final text sometime this morning. Elliott has more details. It does feel like we have been here before. How many times have they missed to these de
Man opened fire and a Movie Theater last night. He killed two people and wounded nine others before killing himself. The shooter tried to escape and then turned back when he saw police entered the theater. Governor jindal when these acts of violence happen in a Movie Theater, when there is no real good reason why this kind of evil should intrude on the lives or families were out for a night of entertainment, a lot of us were horrified and shocked. The great thing about america is when any of us suffer, we all suffer. This is a time for us to come together. Vonnie and we have breaking news. Anthem will buy signet cigna. This had been telegraphed. Were waiting for this to become official. Anthem is buying cigna. That would work out to 48 billion, creating the Largest Health insurer in the United States. A year of talks. Tom and a moment in our financial history. I wish chris halen with you chris whalen was here. Ive never seen a headline that says anthem combined company sees accretion a
In a defiling that it now owns 7. 5 of the food giant which makes oreos, ritz crackers and wellknown brands. Whats unclear is what the investor wants to do with the company. Ackman wanted the snack maker to grow revenue or cut costs or sell itself. Mondelez, for its part says they will welcome them as investors in the company. Ackman joins nelson peltz. His firm holds a 3 stake in mondelez. Well show you whats going on now in the premarket trading as a result of this and you wouldnt be surprised to see that they are sharply higher. What does he want to do with the company . He wants the stock to go up so he can sell the stock for more than he paid for. We were having a conversation off camera. Okay. Maybe he sees something thats not being optimized at mondelez the way that management is running things but what he really knows is i have enough money, 5 billion. I can make a splash and in all likelihood the stock will start going up just on that and then you agitate, you mess around, you
Francine Warren Buffett says equities are less attractive than they were but still beat bonds. And theresa may says she will lead the tories into the next election, but does anyone believe her . This is bloomberg surveillance. Certainly a packed show, packed week actually for an end of august kind of feeling. It has been quite busy in terms of news. This is what im looking at in the markets. Stocks advanced on a rosier picture for the growth outlook. We had pretty good economic figures out of america. The chinese economy seems to be holding steady. The u. S. Administration sent different signals on north korea, which means that a little bit of the nervousness has been taken off. Among all other asset classes, dollar seems to be studying. Lets get straight to the bloomberg first word news. Heres nejra cehic. Nejra Tropical Storm harvey has closed down almost a quarter of u. S. Oil refining capacity, flooding and power failures reduce americas feel making capacity by about 4. 2 Million B
Impacted by the hurricane as you have pipelines and refineries out of work. Its great to get a read on the state of their business right now. In particular we will be speaking to the ceo of show near , the only company that can export liquefied natural gas in the country and it is down on the u. S. Gulf coast. Is it operational . Is the buildout having any issues . What does it say for the future if you are so concentrated on the gulf coast . Look forward to that. Since you are over there, i have the privilege of welcoming lisa abramowicz. See hers so great to so excited in her element. Its a lot going on right now, we are looking forward to hearing what she comes up with. Right now lets get you up to speed about what we are looking at the head of the open of u. S. Markets. S p futures are up just the touch, the dax up more. The u. S. 10 year yield is down, which is interesting, because , butave risk on in stocks risk off, yields down, price up and the euro continuing its trend of stre