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Another 1 in europe, the impact of the euro, now it is 1. 20 yeah. Most of it happened friday i cant say it was that much of a move, felt like the cap stone of a huge move it was almost a parody earlier this year. Now at a buck 20 theres the euro, 1. 193 it was 1. 17 and change, just under 1. 18, then went up to 1. 20, led by a pound at some point, and all based on comments from jackson hole. Doesnt say things are awful, i guess the implication, take it another 10 higher. She didnt say things were great. People know all right. Well get to texas in a minute first, an important corporate story to tell you about after a bizarre ceo search, wasnt it . Finally chosen, uber has, expedia Ceo Dara Khosrowshahi to be the next chief executive, he has been with expedia since 2005, credited with expanding the global presence. He immigrated to the United States from iran in the late 70s. He says he was the truth pick for uber he has been very inquisitive, visionary, i guess barry diller met him whe
LouisianaUnited-statesAlabamaShanghaiChinaBay-townTexasLake-charlesNew-yorkRussiaMexicoArizonaHurricane irma is a category 4 sthoorm cou storm. The path is still you unseuncer puerto rico and florida are areas of interest. Here are the big corporate stories. United technologies buying Rockwell Collins for 23 billion. Under the deal, rockwell Share Holders will receive 140 per share in cash and stock. Thats an 18 premium to the Closing Price on august 3rd. The Companies Say the Aerospace Systems segment would be combined to create collins Aerospace Systems which would save 5 billion by the fourth year of completion greg hayes will join our colleagues on squawk on the street later this morning that happens at 9 30 a. M. Eastern time. Lego announced plans to lay off 8 of its work force lego reporting a 5 drop in revenue for the first half of the year the company said most of the 1400 job cut also happen s wille end of 2017. And Rovio Entertainment is planning an ipo. The mobile games studio will list shares in helsinki in a move looking to boost growth the Company Finally returned
Capitol-hillNew-jerseyUnited-statesAfghanistanShanghaiChinaUnited-kingdomBeijingWhitehouseDistrict-of-columbiaSan-diegoCaliforniaDefiant north korea, top north korean diplomat warned his country is ready to send, quote, gift packages to the u. S. Comments come just days after that country tested most powerful nuclear bomb yet. Marking an escalation with standoff with United States and allies. U. S. Ambassador urged the security counsel to impose the strongest possible sanctions to north korea to cut off revenue that lets the nation build Ballistic Missile and war heads. Crisis prompted investors to sell stocks. Dow jones dropped 234 to 21753. Nasdaq was off about 59. Almost 60. S p 500 pulled back 18. Reports tonight from the new york stock exchange. Reporter mounting tensions between the United States and north korea royal Global Markets after north korea conducted most powerful nuclear test to date. Gold prices shot up to one year high in this geo political jitters. In the absence of any major catalyst, earning season winding down, there is a sense of nervousness today. You got a market risen a lot this year.
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