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Transcripts For CNBC Power Lunch 20161024

Welcome in, everybody, to power lunch. Im tyler mathisen. Glad you could join us. Three hours left in the trading session and stocks showing animal spirits. They are in the green. As you see, the dow industrials up about a third of a percent or 65 points. Ditto the s p 500, a third of a percent of 2148, thats a sevenpoint gain and the nasdaq leading the way up. 75 . Big winners, boeing, 3m and microsoft, microsoft trading at an all time nominal high. Im michelle carusocabrera. Here is what else is happening at this hour. Consumer reports naming lexus its most reliable automotive brand. More on that coming up in the next hour. Nike topping forbes list of most valuable sports brands. Oil cracking below 50 a barrel, right around 49, 50. Right now crude down 1. 9 . Back to you, tyler. Thank you very much. We got a big two hours ahead. But lets kick it all off with the deal of the year. At t, there you are, announcing plans to buy time warner for 85 billion. The ceos of both companies weigh

Former Cubs reliever did something on Thursday no other MLB pitcher has done

Former Chicago Cubs reliever David Robertson carved up the Los Angeles Dodgers trio of Shohei Ohtani, Freddie Freeman and Mookie Betts twice on Thursday.

Cubs take a flyer on former All-Star closer in hopes of bolstering bullpen

The Chicago Cubs signed former All-Star Jorge Lopez to a minor league deal after the New York Mets designated him for assignment in late May.

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