We scour around looking for something positive. Pretty safe ground when the dow was up. Not so much now. We are above 17,000. The price of gold is not moving much. We are right at 1200 an ounce. Look at the price of oil. Oil is down to 89 a barrel. These price declines are starting together some momentum. Look hard. They say a to handle. I paid 2. 98 on sunday in new jersey. Prodemocracy demonstrations dying down just a little. Officials from hong kongs government has met with the students. No big crack down from beijing as of right now. Next case. Ebola. The nbc cameraman affected with ebola. He is now in the United States. He will be treated in a special Isolation Unit at the nebraska medical center. Thomas eric duncan is the first person to be dyed host with ebola in this country. He is now fighting for his life. I want to get back to that massive hack attack. Nine other unnamed Financial Institutions in addition to jpmorgan have had their personal information stolen. The apple past
Company he founded nearly 50 years ago, coming up with sallie kr krawcheck. Stay tuned for these exclusive interviews next hour. Plus, is it ever okay to borrow against your 401 k . A top money manager says no, never. Just dont do it. Its explained in a piece burning up cnbc. Com today and the author will join us to make his case. Before all of that, lets look at where markets are trading. Dow off by about 75 points today. Second straight day here with the red arrows. S p off 9 to 9. 92. So much seems to hang on the fate of the apple watch. They were up the best part of 3 and then falling back as the market did. Joining us, 8 gain for the s p so far this year. Where do you think well trade from here . I think in the short run probably tread water and be in a range between 1920 and 2000 on the s p. Earnings coming in to solidify for next year. We have 130 for next year. A 16 month to that, theres fits and starts for people the use the cash. Lets just bottom line what youre saying there.
Minutes. They are raising another 1 billion in capital which we dont want to get lost in the shuffle. 28. 7 conversion premium. A 6 cue ton. Thats pretty rich stuff for a company that many say, jim, didnt necessarily need to raise money or had plenty of cash, that cash being part of it. Any potential appeal that it might have had. As for the process itself, we all know it was a difficult one. I had pointed out many a times, the letter of intent that was signed by fairfax back in late september didnt obligate them to anything and financing a potential deal from them was going to be extraordinarily difficult as we reported right here at squawk on the street at 9 a share. They step up for 250 million of this convertible the company is issuing today. They are becoming the lead director, correct . Correct. Major turnover here. This seems to be one that every month is doing worse. So i know you said they dont need the capital but, to me, i look at it. They said they dont need the capital. Wh
European headquarters here in london. And i am Francine Lacqua live from davos. We have a huge lineup of guests for you today. We will be speaking to Boris Johnson and Antony Jenkins, the mayor of london and the ceo of barclays. Then we will delve deeper into iran. We have some top ceos discussing iran and whether they want to do business there. I spoke to the nissan ceo. He said there is a lot of potential for the french carmakers to the big in iran. Need so much more investment that there is real potential for business deals and contracts here in davos. Is this what everybody is talking about at davos . You have an event taking place in the ukraine that is capturing the headlines as well. Rouhani seems to be the center of attention looking in. It is the first time we have an iranian president arriving in davos in a decade. I spent a lot of time trying to speak to him yesterday. I did have a couple of brief moments but he was backtoback meeting with the Prime Minister of the netherlan
Cameramans plane is refueling in bangor, maine, ahead before it departs for omaha, nebraska, where hell get treatment. Nbcs jay grace is liy is life condition. Good morning. Reporter good morning, frances. For the last two days the news coming out of the Isolation Unit has not been good. Telling us that thomas eric duncans condition is deteriorating. The struggle to save thomas eric duncans life continues this morning inside an Isolation Unit at Texas Health Presbyterian hospital after his condition was downgraded over the weekend from serious to critical. I pray for you to get well. Reporter relatives in North Carolina say after talking with him by phone last week, doctors now tell them hes on a respirator and dialysis machine. We understand that his situation has taken a turn for the worse. We know that ebola is a very serious disease, and were hoping for his recovery. Reporter a second american battling the deadly virus, a freelance journalist, is on board a specially equipped medev