The bidders. Disney is said to be working with an advisor on a potential bid or twitter according to people familiar with it. Disney has 5 billion in cash. Heard paul sweeney talking about the strength of its balance sheet. , as we, salesforce. Com have been talking about, in potential bidding for the company as well. Twitter has been lower today, downgraded by oppenheimer, asking questions about the price that twitter could fetch in a deal. Seeing shares move higher at the moment. Disney, on the flip side, is moving lower. Seeing shares movea little legr on the session with the broader markets, down 1. 6 . We will bring you much more on these headlines in this potential deal. In the meantime, we are seeing a sellout today, stocks hovering around the lows of the session. We had a selloff in european banks that spread to the u. S. We also have concerns about Global Growth persisting. Generally a risk off by us to the markets today. We are seeing the biggest twoday loss in the s p in mor
Passesdoing better today session. All major averages gaining and not only that, but building on the gains out of the gate this morning. Similar to what we saw yesterday where stocks had a choppy morning. Then they were up and stayed up at roughly the same level. Take a look. Ive looked at the s p 500 over the past three days. Gaine looking at a 4. 73 over that time. This is the first since december. We have not been having when he as far as this year. When i talk about the groups doing better today, we are talking about cyclical groups, economically sensitive groups. ,e have got materials particularly industrials and tech. That is the theme we have been seeing over the past several sections. Citigroup, bank of america, jp morgan. You could have taken any of the charts and they would have looked very similar to what were seeing today. I am looking at priceline, a rocket today. What is going on . Julie priceline is the biggest contributor to gains, up by 12 . The company came with earnin
A new ceasefire put in place ahead of peace talks x week. After weeks of student protest against the controversial new labor law, the french Prime Minister comes up with new measures to help more young people get jobs. Also coming up this hour, in the president ial election in peru, the daughter of an expresident jailed for massacre is headed for a runoff vote that could make her the countrys first female leader. As the fallout from the Panama Papers continues, germany has come out with a new plan to fight tax havens. First, our top story, live in paris. Genie over the past year, a war in yemen has ripped that country apart. More than 6000 people have been killed, and some 2 Million People have been forced from their homes. At midnight local time, a new u. N. Backed ceasefire began that both sides in the conflict have promised to uphold ahead of peace talks next week. Our correspondent reports. Ceasefirebacked has come into effect, and some in the yemeni capital are believing that an e
Today to just about 29 a share, easily making it the bestperforming stock on the Dow Jones Industrial average. And shares rose despite reporting revenue that fell short of expectations. Mary thompson has more on whats going right for ge. Reporter in what Ceo Jeff Immelt called a slow growth and volatile environment, ge held the line on costs and helped by strength in its aviation and transportation businesses beat earnings expectations in the Third Quarter. Crisp execution in tough markets, thats the hallmark of a wellmanaged company. Reporter even as revenue missed forecasts, immelt reiterating the firm should meet its profit targets for the year, which is turning out to be its most transformative ever. The firm is ahead of schedule on its plan to sell 200 billion in assets for its finance arm aas it shrinks the once mighty unit. Its about to close on its largest deal ever, the purchase of the french Power Company alstom. And if conditions permit it will sell its stake in synchony thi
Easily making it the bestperforming stock on the Dow Jones Industrial average. And shares rose despite reporting revenue that fell short of expectations. Mary thompson has more on whats going right for ge. Reporter in what Ceo Jeff Immelt called a slow growth and volatile environment, ge held the line on costs and helped by strength in its aviation and transportation businesses beat earnings expectations in the Third Quarter. Crisp execution in tough markets, thats the hallmark of a wellmanaged company. Reporter even as revenue missed forecasts, immelt reiterating the firm should meet its profiul targets for the yea, which is turning out to be its most transformative ever. The firm is ahead of schedule on its plan to sell 200 billion in assets for its finance arm aas it shrinks the once mighty unit. Its about to close on its largest deal ever, the purchase of the french Power Company alstom. And if conditions permit it will sell its stake in synchony this month a move that will let it