Im sara. Im wilford frost. Lets get to the market action. Lets show what you futures are doing on a week where the trifecta of records happened. That was thursday. Stocks pulled back from the record highs on friday and dow futures up 24. 5 points. S p futures up 2. 5. And nasdaq futures up 9. Were coming off an up week just barely. Quiet market action. It has been higher. The tenyear treasury note yield. Housing data this week and numbers on inflation. 150 is your yield on your tenyear. There has been persistent buying of treasury that kept the yields super low. Not as low as the uk. But low historically. You would say its probably the uk yields pulling it down globally. First of all, japans economy slowing down. Gdp expanding by an annualized. 2 of a percent in the Second Quarter below market estimates, Capital Expenditure dropping more than expected. Weak overseas demand took a bite out of gdp growth for the first time in four quarters. That meant the nikkei did drop, albeit only sli
Futures pointing to a higher open. Nasdaq futures up 8 points. Dow futures up 30. Oil trading higher this morning. You can see that right there. Lauren rcn and Grande Communications for two and a quarter billion dollars. Olympic lodcekey speaks about being held at gunpoint. Chilling story. Lauren usain bolt still the fastest man in the world. Three straight 100 gold medals. Hello. Hello to you. 5 01 on this monday august 15th, welcome to fbn am, first look at morning markets, breaking news and what to expect for the day ahead. Lauren thank you so much for joining us. At least one persond wounded at the second day of protest. I have, however, seen a still photo extracted from that. And that still photo demonstrates without question that he had a gun in his hand and i want our community to know that, that he had a gun in his hand. Lauren Authorities Say the officer in question is staying out of town. You can see the flames there. Wisconsin Governor Scott walker has activated the States N
Associations whose members serve subscribers in small rural markets. Prior to joining the association, he was Vice President and general counsel for star cable so see its. Associates. He received his jd from pacific Pittsburgh University school of law. He was recipient of the law schools most distinguished graduate award. Welcome. Our next waste this witness of columbia law school. He is a law professor where his Research Examines the balance between innovation and competition set i antitrust law, it intellectual property, and other forms of regulation. From 20112012, he served as chief of the antitrust bureau in the office of new York State Attorney general. Before joining columbias faculty, he served as a law clerk. On the u. S. Court of appeals for the seventh circuit. And to Justice Scalia on the Supreme Court. He is a graduate of Harvard College in the heart London School of economics. He studied as a fulbright scholar. We welcome you, professor. Our next witness was mr. Alan, an
Is noon significant concerns not present in comcasts previous deal. Regarding the first component by merging its programming with Time Warner Cables Regional Sports networks and selling them in a bundle comcast will gain greater Bargaining Power against all paytv providers in all regions where Time Warner Cables Regional Sports networks are carried. It will be severe in new york and los angeles where there is an Nbc Television station and must have time warner Regional Sports network. All paytv providers and consumers in the market will be affected by this harm. Including many aca members. Comcast will have an incentive to this it vantage paytv providers that compete directly with the Cable Systems acquires. It will do this by either withholding comcast programming during negotiation and passes or demanding higher prices for its programming. However the competitive harm will not be limited to comcasts paytv rivals. Many of these paytv providers obtain programming through the National C
I finally figured out why were playing pearl jam. Amazon, microsoft, seattle. Are they a grunge band . Are they from up there. I finally figured it out. I love the quizzes they give us. I think of nirvana. Pearl jam, seattle. I have that programmed in. I dont listen to it a lot. The pearl jam station . Is it 42 . No, is that the joint . I dont know because i have it programmed in. I think it should be myself i think it should be the pink floyd channel. No, no, no, i like pearl jam. No comparison. Youre right. There is no comparison. Amazon, you get up to 20 billion a quarter and you are able to make money, pay everyone, keep expanding. I dont see anything wrong by that. I was surprised by the decline in the stock price, too. Its just a little. The reason, they continue to invest. Thats why the numbers are lower. Its not even margin based. On 19 billion, you should make more than 100 million. This is supposed to be the year amazon went from not making money to making money. I get it, do