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Transcripts For BLOOMBERG Bloomberg West 20141218

Rate for a considerable time after the purchase program. The Federal Reserve comments sent us stocks soaring. The s p 500 rows for the most since october of last year. President obamas decision to restore diplomatic relations with cuba after 50plus years of tension. Heres the president on the attentional benefits. I believe american businesses should not be put at a disadvantage, and the increase in commerce is good for americans. We will facilitate transactions between the United States and cuba. Officials will be able to open accounts at cuban financial institutions. The u. S. Will also ease its cuban ban and open an embassy in havana. Oracle is making progress in its shift to cloud computing. Overall revenue was up 4 to 9. 5 billion. Oracle posted a slightly smaller profit. The Second Quarter saw major transitions, with the cheek executive leaving to become chairman. The trusts of twitter chief executive now own zero shares of twitter stock. The trust sold off their final holdings,

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