All around the world today. Well talk a lot about what the baseline is for sales this weekend in just a moment. People lining up all around the world, trying to get their hands on the new iphone. With enthusiasm translate to investors enthusiasm as well . And were days away from a possible Government Shutdown. President obama already promising to veto the bill. Sales at olive garden and red lobster falling sharply. And Steve Ballmer saying its weird for him to come to work these days. Apples new 5s and 5c going on sale in the central zone now. They went on sale on the east coast about an hour ago. Courtney reagan is tracking all the action. Good morning. Reporter good morning to you, carl. They did go on sale here about an hour ago. In my hand i have the iphone 5s. This is the beautiful gold version. Im gripping it very tightly and i have the iphone 5c. This is the blue one. This line has been growing throughout the morning. Yesterday there were about 30 people in line in the afternoon
And Valeant Pharmaceuticals teaming up for allergan. Well explain. Novartis unveiling a Restructuring Plan amid a flurry of deals involving glaxo and lily totalling 28. 5 billion. Netflix says it will raise prices for subscribers as the jump in earnings pushes the shares in premarket and slew of dow components reporting, mcdonalds, United Technologies, we have it covered. Shares of allergan are surging as we said bill ackman backing pharmaceutical bid to acquire the maker of botox, valeant offering 38. 40 a share in cash. Since february, Ackmans Pershing Square amassed a 9. 7 stake in allergan, but all the discussion guys, today, is about the role of the activist investorer. The times calls it the boldest move yet from an activist. Absolutely. I hope to hear from david. We were going back and forth last night about how does someone kind of basically know theres going to be a bid and be allowed to accumulate stock. Classically that would be front money. If we had an sec that was on the
People heard louisiana and throughout it had something to do with true detective. Where the initial scene was filmed yesterday. Grizzly, on a former plantation, cool looking. Cant wait for more, jim. Good morning to you. Futures off a touch as bull market officially turned five years old over the weekend. A light week for Economic Datas ahead but plenty of corporate news, including mcdonalds sales. Nikkei down 1 as japan revised q4 gdp lower. Oil, flat week but up more than 4 for the year. Asian marks, down big so far this morning. Selloff comes after a slew of Economic Data including a bad reading on export. If things are so bad overseas, why arent we seeing an impact in the u. S. . Mcdonalds samestore Sales Numbers falling last month. The retailer blaming severe winter weather. Numbers werent all bad. Well tell you some bright spots in a moment. A twist in the battle between ebay and carl icahn, after the Company Rejected his nominees to ebays board. Icahn doesnt take rejection well.
Even the opening, putin, im not a big fan. Thats shocking, yeah. I am still into the notion of humanity. Put on a good show. The horses were really cool. You saw the market. We looked like we may open lower this morning. Take a look at tenyear. Do we have that . 2. 69, almost around 2. 7. Up a bit from earlier in the week, of course. But weve got unemployment number on friday. We ent went up. Europe, it is call it a mixed picture. Markets largely up. Asia was strong as well. And lets get to our road map here, back in the u. S. Of a. Futures, mixed after the indices turned in the best week of 2014, biggest gains thursday and friday since october. And anticahn over apple, Scott Stringer urging apple shareholders to vote against icahns Share Buyback proposal. Stringer will join us live here on the set later in the show. Mcdonalds reporting doesnt expect january sales for europe, asia, middle east, and africa, offsetting what was a sharp Monthly Sales decline in the United States. And yelp
Than expected. The second take on the secondquarter growth, but nothing to brag about. Secondquarter gdp growth revised upward versus the streets estimate of 2. 2 . This is as we are reporting the last gdp report before the fed reports on whether or not it will paper, some transparency at the next meeting next month. His 2. 5 growth good enough . Then, welcome to you. Forecasting 3. 3 expansion rate into 2013, so it is two and. 5 right now. Growth is only a lousy 1. 4 , but if you cut out the cutbacks, growth around the range of two and. 5 . So the fed is seeing a rate private sector demand supporting higher hiring and todays data is broadly supportive of their moves to cut back qe3. Lori lets talk about the strong upward revision in the Second Quarter. Economies are pointing to export growth. An inventory. Can you expand why we saw such a big jump. Inventory stuff has been choppy, but there is something important with the trade deficit. There is large gain for export in the Second Qua