Million and this is a 1 billion ipo. And a sign of confidence inty, po market, and more Important News with the ipo trading, opening up moments ago, Acacia Communications opening after meeting the highest range. This is the second ipo priced well in the last two days. And yesterday we had the Landscape Supply which is the biggest distributor of landscape products, and they finished at 30 at the close after pricing at 21, and so two successful ipos and a big one just announced. Carl, the market is starting to open up for ipos. A good thought. Thank you, bob pisani. It is 11 00 in cupertino and we are live with squawk alley. Im going home when i want to go home im going mobile keep me moving im going mobile good to have you with us on this friday. Kayla tausche and jon fortt and myself and also joined by our guest, and good to see you. And this is what trump had to say last night on hannity. This is a toy owned by jeff bezos who controls Amazon Amazon is getting away with murder taxwise,
With news of the viacom settlement. Europe is in the red. To the tune of about half a percent. Oil stud stedsy but on track for the strongest weekly gain in four months. Our road map an end to the saga at viacom. Fell leap du monde stepping down. Faber will join us with the details of what the company may look like. The stock market and election. Why equities may be the tail wagging the dog of Donald Trumps poll numbers. The latest from rio as it appears the ryan lochte story enters the final chapters and usain bolt takes home another gold. Viacom expected to announce a settlement with Sumner Redstone to end the battle over control of redstones media empire. Terms would result in du monde stepping down as ceo and would receive a 72 million severance package. It appears to complete Shari Redstones victory in all of this and sets her up for deciding a lot of things Going Forward as the Company Needs to focus on repairing the paramount situation, ratings as we said good buy to larry willm
Heavy rains began last sunday. That ahorities say nearly half mile long tunnel has been discovered. Than a ton of cocaine and seven tons of marijuana were seized. Six people have been arrested. The American Lung association has released its annual report card. Eight out of 10 californias living counties with unhealthy pollution. That is about 32 million people. Los angeles and bakersfield have the worst grades. More than 150 news bureaus around the world. Emily i am emily chang. This is bloomberg west. Qualcomm cannot escape the gloom, facing a sluggish third quarter. We parse through the main takeaways. Google is back in the eus crosshairs as regulators take aim at android. How much could the case hurt googles business . Ford shelling out for one of teslas white model x cars. First, qualcomm continues to get hit by the slowdown in demand for highend smartphones. They forecast thirdquarter earnings short of estimates thanks to weaker than expected appetite for the most expensive mobile
People. The report gives los angeles and bakersfield the worst grades. Global news 24 hours a day part by 2400 journalists in 150 news bureaus around the world. Bloomberg west is next. Emily i am emily chang. This is bloomberg west. Qualcomm cannot escape the gloom, facing a sluggish third quarter. We parse through the main takeaways. Google is back in the eus crosshairs as regulators take aim at android. How much could the case hurt googles business . Shelling out for one of teslas white model x cars. First, qualcomm continues to get hit by the slowdown in demand for highend smartphones. They forecast thirdquarter earnings short of estimates thanks to weaker than expected appetite for the most expensive mobile phones. Joining us from new york with a breakdown, cory johnson. What are the big takeaways . Cory if you have a smart phone, you have a qualcomm chip in them, almost guaranteed. The problem is growth has been shrinking. When you look at qualcomms revenue, we can see a decline s
Extensive. Eriod of time when the u. S. Is not deflating, not moving in its direction of its 2 target . I forget moves towards a stance relative to what the market expected a few days ago. With oil plunging, investors corporateing riskier bonds, causing yields to surge to the highest in more than a year. Service to londons airports has removed resumed after a stoppage. Problem grounded flights, stranding passengers and one of the worlds busiest cities. Happened at an air Traffic Control center, which had suffered previous computer glitches. Google is transferring its engineering operations out of russia. Googles engineers are leaving after russia adopted new rules requiring more data to be stored in the country. Planse this news, google to increase its Business Investment in russia next year. Mababa Group Founder jack is now the richest man in asia. Ipo has putccessful the former and good teacher past hong kong real estate tycoon. He has added 25 billion to his fortune this year. To ou