A broadening verizon. Yahoos long fight for survive comes to an end. This episode of sportscenter is presented by verizon. Is said to be offering 4. 8 billion for the assets. Carol massar take it caroline hyde, take it away. Ericsson shown door after 28 fantastic years. The shareholders went out. The c. E. O. Is shown the door. Futures up and ready to go. We are seeing currently flat outlook. Not a single move when you are looking at the futures. Cat 40 down by. 1 . A little bit of profit taking. Remember the b. O. J. This week and the Federal Reserve as well. Check on the assets. Asian stocks have been trading. We have seen the asiapacific up, clinging on to gains by. 1 despite the slump about we have seen in nintendo. Scales of opportunity are limited when it comes to the exuberance surrounding pokemon go. So much hope for stimulus coming from the bank of japan. Gold as you see currently down. 4 . Lastly, oil up by. 3 . That is what we see, the pick up in riggs making the numbers sen
Few moments. The dnc kicks off amid country controversy over leaked emails. The ceo will join us in the next hour first up verizon announcing the deal to acquire yahoo s core business for 4. 8 billion in cash. Verizon plans to combine the internet asset with aol. The Real Estate Holdings in that action. Marissa mayer will join us in a few moments once that Conference Call ends. Wow. This day has been a long time coming, jim. Yeah. And i think that the i remember speaking to Lowell Mcadam many months ago when he said this could happen and a clear vision if you gave it to Tim Armstrong they could make something of it. Im excited. Maybe it will be back like the old days in 98 and 99 when yahoo was the leader or not you mentioned mcadam in february, a reminder of what lowell told jim on mad money. Take a listen. We said we would look at it. I think their board has been very responsible how theyre doing this, very deliberately, very logically and we have to understand the trends that were s
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