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Transcripts For CNBC Squawk On The Street 20160819

With news of the viacom settlement. Europe is in the red. To the tune of about half a percent. Oil stud stedsy but on track for the strongest weekly gain in four months. Our road map an end to the saga at viacom. Fell leap du monde stepping down. Faber will join us with the details of what the company may look like. The stock market and election. Why equities may be the tail wagging the dog of Donald Trumps poll numbers. The latest from rio as it appears the ryan lochte story enters the final chapters and usain bolt takes home another gold. Viacom expected to announce a settlement with Sumner Redstone to end the battle over control of redstones media empire. Terms would result in du monde stepping down as ceo and would receive a 72 million severance package. It appears to complete Shari Redstones victory in all of this and sets her up for deciding a lot of things Going Forward as the Company Needs to focus on repairing the paramount situation, ratings as we said good buy to larry willm

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