Reports of a chinese stateowned Company Looking to buy the semiconductor giant. The deal may have a tough time getting through regulators. Could another suitor be waiting in the wings . Well find out. Wells fargo turning in a solid quarter posting a decline in Mortgage Applications this morning. John shrewsberry will join us to discuss whether he sees a slowdown in housing. We are seeing a rally in the price of oil. We are going to ask about that. What is going on with oil . I think some of this deal was priced in. We had several days of imminent announcements of a deal. When the deal came, i think everyone expected it. Also the return of barrels looks like a 2016 event. Its not a Million Barrels hitting the market tomorrow. Thats why we havent seen a bigger reaction to the iran deal today. So when do you expect to it happen and what will the price of oil do when that does occur . Its a timeline. We have basically 90 days where there is going to be debate in congress for 60 days, but a
Good wednesday morning im Carl Quintanilla with jon fortt and sara eisen we have Jason Calacanis with his new book entitled angel. Nasdaq hits another record high. Were trying for backtoback days of record gains index is coming off the 43rd record close of the year one standout is going to be amd soaring after beating estimates in the recent quarter issuing strong guidance. That stock is on track for the best day since june 21st the best day in weeks here after an amazing run already. Yeah. First of all, thank you for having me. From what you have seen so far, i think 20 of the s p is already seeing strong numbers out there. From the internet point of view what were seeing, which is very Strong Demand that continues secular shifts, offline advertising coming online, you saw that in googles numbers they are expecting that in facebooks numbers it is strong numbers from advertising driving the demand. This is what we call jason, the sweet spot of the secular trends we have been talking ab
Good evening. We begin in the japanese city of hiroshima where thousands gathered today as the u. S. President barack obama visited the site of the worlds first atomic bombing. Obama is the first sitting u. S. President to visit the site where the bomb was dropped 71 years ago and among those who gathered at the memorial were hiroshima survivors. In the first year of his presidency obama gave a major Foreign Policy speech in praying prague during which he called for the elimination of nuclear stockpiles. Standing at the hiroshima peace memorial, u. S. President barack obama called for a more peaceful world, one without Nuclear Weapons. President obama but among nations like my own that hold nuclear stockpiles, we must have the courage to escape the logic of fear and pursue a World Without them. We may not realize this goal in my lifetime but persistent effort can roll back the possibility of catastrophe. [cheers] obamas rhythm with Nuclear Weapons is complicated. Shortly after taking o
The chief operating officer disagrees saying the government is to blame. Of course its about france. Its been a change in the outlook. Its a strong rating, aa, but we indeed believe the risks are increasingly tilted toward the downside. A blurry outlook at luxottica. Shares slump as the ceo steps down after just six weeks on the job. A Texas Health Care worker becomes the first person to contract ebola in the United States. The cdc says protocols must have been breached. Youre watching Worldwide Exchange bringing you Business News from around the globe. Welcome on this monday morning. The euro stock is shedding 2. 7 . And today its off. 6 following the lead from asia also down. The stoxx 50 is down. 40 . Look at the individual markets, germany had a massive 4. 4 . It continues today. The ftse is put on negative watch as a lagger down half a percent. Italy down. 40 . The u. S. Bond market is closed but its columbus day. On friday we saw the 30year go to the lowest levels in almost a yea
With friends when some argument occurred between them and another group. Here in the district a massive rally for Immigration Reform puts nearly 200 people in handcuffs including in several congressman. Ra thel rally on the National Mall aimed at getting republicans to vote on a stalled bill. Organizers werent going to to let the shutdown stop them from proving a point. At least let the republicans do something, if if theyre going to tear downr the country fiscally, tear down the government. Men do something morally right. Reporter new york representative charles wrankle among eight members of congress released fromased Police Custody after being arrested along with 200 demonstrators during a massive Immigration Reform rally on the National Mall. Earlier in the house House Democratic leader addressed the thousands. E Immigration Reform will reduce our deficit by 900 billion over the next two decades. Its good for business its good for workers and its good for families. Its good for our