There is a push for us in q4 around profitability growth and growing. Add revenue is still growing 20 and we feel like him off for 2015, basically our investment areas. One is in global content business. One is in video and one is expanding the advertiser and publisher stack. Armstrong brushed aside talk of a wellbeing and acquired company. Under a new deal, landscape gets 4 of stars outstanding stock. Malone gets lions gate stock. Lions gate discussed buying starz last year. The biggest of oldest most ambitious project ever, a solar project. The 850 million solar farm built right here in northern california, in Monterey County apple says it will generate enough electricity to power all of their operations in california offices and data center. 52 California Retail stores. 2700 acres. Cook made the announcement at the Goldman Sachs Technology Conference. In our view, Climate Change is real. The time for action is now. Cook also stressed that apple plans to save big bucks in this switch
Calls for the uses of Ground Forces in special circumstances only. He vowed to destroy the Islamic State saying the Group Threatens the u. S. An icy handshake between Vladimir Putin of russia and the ukrainian president. The talks dragged on into the morning. Leaders of france and germany were also present. Theyre trying to find a solution to the conflict between prorussian rebels and ukrainian forces. U. N. Says the fighting has killed 5500 people. Greece and the European Union are said to be moving toward an extension of their bailout agreement. The two sides are discussing language that would be used to cement a deal. U. S. Stocks went immediately higher on the news saying greece would remain in the eu bailout program. Cisco sales up and profits up 68 , 2. 3 billion. The company is rolling out new Software Networking tools. The company says emerging markets remain a challenge. It is a big hour for one of the biggest names in technology, elon musk. Hes the ceo of spacex and tesla. He
Today a top analyst says miller has the june part right but it wont happen until june of 2016 one year after this market believes it will happen. Hes here to explain why he thinks first move from the ned wont come until then. And Union Battles are percolating across america. The port slowdown out west and the governor of illinois blocking unions from collecting fees from workers that benefit from union deals but are not actual members of the union themselves. Well talk to aflcio boss Richard Trumka. Hell join us exclusively with reaction. Basically, if you look at the broad market it brings us positive for the year. Dow currently up 140 points. Session highs give or take a couple. S p 500 2,067. And the nasdaq up 1. 25 . Joining us now, our Closing Bell Exchange karen cavanaugh, Mark Spellman from alpine funds, eric ristman from russell investments, ron wiener from Rdm Financial Group and our very own rick santelli. Okay. Lets kick off then with lets go to karen first. Karen, what is t
Erik. He is on assignment in athens. Stephanie i would love to say that our erik was at the oscars last night, at the vanity fair party, but no committee is working in athens. We have had to take you to the breaking news on the Housing Market. Scarlet fu is in the newsroom with the headlines. Scarlet disappointing read steph. Economists had ratcheted down their expectations over the last three days because the expectation is down 1. 6 as recently as friday. On an annualized basis the rate is 4. 80 2 million, dropped from the prior month. This is not a government report. It is from the Industry Group the National Association of realtors. What it measures is the purchases of previously owned homes. It makes up 90 of the Residential Housing market. Some might argue a more important indicator than new home sales. In terms of the effect on financial markets, u. S. Stocks were lower before the report. No real change there. The dollar takes a little bit of a leg lower even though it is firmer
Merchant, and her bank. We dont know your credit card number, or what you bought. Or how much you paid. And we dont want to. Three month after we launched, over 2000 banks have signed on to bring apple pay to millions of their customers. And today, we are excited to announce that beginning in september, apple pay will be available for many transactions with the federal government. Like, for example when you pay for admission to your favorite national park. We are also working to make sure credit and procurement cards issued to Government Employees for expenses can be used with apple pay. We are working on initiatives with leading banks and networks to use this technology with benefit programs like Social Security and veterans pensions that serve citizens at both the state and federal levels. We can imagine a day in the not so distant future, when your wallet becomes a remnant of the past. Your passport, your drivers license, and other Important Documents can be digitally stored in a wa