Recession. The euroat a nine month low, and the dax with a 10 correction. No deals, fox withdrawing the bid to acquire time warner, sprint abandoning the bid to acquire tmobile. Giving back mondays gains, shares of ralph lauren lower despite beating estimates. Well explain why. And disney beat despite lower profit at the Cable Networks. Two big deals fell apart. 20th century fox withdraws the bid for time warner saying they refused to engage the highly compelling offer and sprint abandons the bid to buy tmobile, and they plan to replace the ceo. I guess a name well have to get used to, a billionaire entrepreneur. Someone who i think you get along better with. Well, we have to get david the problem is that dan has independ, and dan, wish him the best of luck, turned that company around, he was not necessarily the right guy for soft bank. The right guy for the troops, left after a good quarter, but jars for those that know hes a guy who was the godfather of the industry in the phase, wis
This state wasnt just recently named the top state for business in america. So many huge businesses are down here, including Delta Air Lines. Ceo Richard Anderson joining us exclusively in just a moment. Also, georgia governor nathan diehl is going to join us. Well ask him how hes going to be tops on the business lid list next year. Fed president Dennis Lockhart will join us after the bell in a newsmaking interview. And the person rumored to be home depots next ceo, craig menear, also here exclusively and gives us a peek into some of the major changes theyre making to their distribution network, bill. Yeah, the economys doing okay in georgia there, and its contributing a great degree to whats going on on the east coast here, so weve got a lot to talk about in that regard. The european economy is struggling, though, and the european markets were down today. The german dax was down enough to make it into correction territory today. It has since bounced back a little bit, but those europe
Going back to what . 1970 . I think it is. China is a net importer. They will benefit mightily from this decline and they are concerned about securing sources of energy. Crude hit its lowest price in five years. Walgreens on the hunt for a new ceo after current president greg watson does he will retire greg wasson says he will retire. Walgreens says it is not using the deal to move its tax address overseas. A new report says disney, pepsi, fedex and microsoft skype is among hundreds of companies that have benefited from secret tax deals with luxembourg. More than 340 companies have transferred profits to luxembourg using complicated tax arrangements. The clock is on for lending clubs ipo. Well above the initial range of 10 to 12. The Company Begins trading tomorrow morning. Now to our lead. The fbi is bracing sony employees briefing sony employees on awareness as more information leaks out after the massive attack. Scenes depicting the death of kim jongun in the movie were personally a
Going back to what . 1970 . I think it is. China is a net importer. They will benefit mightily from are the klein and they concerned about securing sources of energy. Crude hit its lowest price in five years. Walgreens on the hunt for a new ceo after current president greg son does he will retire greg wasson says he will retire. Walgreens says it is not using the deal to move its tax address overseas. A new report says disney, pepsi, fedex and microsoft skype is among hundreds of companies that have benefited from secret tax deals with ox and berg according to the luxembourg. More than 340 companies have transferred profits to luxembourg using complicated tax arrangements. The clock is on for lending clubs ipo. Well above the initial range of 10 to 12. The Company Begins trading tomorrow morning. Our lead. The fbi is bracing sony employees briefing sony employees on awareness as more information leaks out after the massive attack. Scenes depicting the death of jim cong kim jongun in th
Widely respected naysayers. Sell, sell, sell keep a system that stocks are doomed to go lower, perhaps much lower. A pessimistic drumbeat that gets amplified across tv, print and the web. Regardless of where stock are trade or how the economy might actually be doing and its totally out of sync with reality. In fact, sometimes i wonder if many of the professional bears are living in an alternate universe. One where theyve actually been right rather than consistently been wrong and just the 20 months from midnovember 2012 to midjuly of 2014, the s p 500 rallied 50 including dividends and a performance thats downright spectacular. If you simply bet on the market as a whole via the s p 500 index fund. Youve made money hand over fist. No time and inclination . Fine. S p fund. In the past, this bull run might have inspired some euphoria. These days it only seems to inspire more skepticism. Modicum of skepticism is always healthy, but i find the widespread fear and loathing of this market to