Inflation leaves many wondering if president mario draghi to halt for a stock. Germanys second biggest lending beating forecasts with a 15 rise in net profits. And its all change at se seemans. Making the freshly appointed ceo vowed to return the company to growth. Ready to look forward and bring the company back to where the Company Stands for. And it is about innovation, about reliability, quality. And that is what we are going to do by exploring our Market Opportunities and then return to growth. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Hello and a warm welcome to you. Its a busy few hours here on cnbc. On todays show, london gets its first j. Crew store. But it wont be the last. Well have the ceo first on cnbc to speak about j. Crews expansion plans at 11 20 cet. While other pcmakers are feeling the pressure, lenovo sees its profits up 13 the . Well have analysis of the earnings at 10 30 cet. And it looks like a rough road ahead
Drinks, cocoa la looks to the new normal. The last day of the trading week, overshadowing tension at the ukraine border. Jcpenney, a reversal, jcp, higher sales, better margins, and shares up nicely in the premarket, david. A story breaking yesterday, cocacola required a stake in monster beverage for 2. 2 million in cash. Under the agreement they have two directors on monsters board and transmit business to monster, and they transfer nonenergy business like hansons natural sodas, peace tea to coke, and theres a new Distribution Agreement between the two. This is what cramer said about the mellow drama last night on mad money. I took a lot of heat a month ago recommends you buy monster because i thought cocacola was acquiring it. Not just on the heels, they downgraded the thing. Tonight, they paid 2. 1 billion for a 16. 6 stake in the company, sending it soaring. My man, jim, on july 10th, had a detailed recommendation in speculating perhaps coke was interested. That speculation has bee
Stephen kicked off the debate in a recent and widely read article for Time Magazine where he delved into the absurd hospital charge master, revealing a hospital pricing model as absurd, they charge the highest prices to the people who are least likely to pay them, the uninsured. He pointed out his point of view that the only force disciplining it is medicare, which still guarantees wide access and quality medical care for beneficiaries. We could bring more to the system and save patients a lot of heartache and expense. In rebuttal, he says our system is so dysfunctional because medicare distorts pricing in ways that produce perverse outcomes for payers. Allow me to introduce both of our speakers before we begin. Stephen designed a company to create a viable Business Model for journalism to flourish on line. He is a feature writer for magazines and trains journalist and founded brills content magazine. He is a graduate of yale and yale law school. The chief executive officer of the game
But she is our youngest justice. And do any of you think that these kinds of things could have gotten into a Supreme Court opinion 30 years ago, 50 years ago at all . Did they have similar . Rehnquist quotes gill better and sullivan. Not totally different. I guess thats his version of an pop bapped. For 50 years ago touf ask tony or david. Thanks, bob. We cant remember. Weve talked about what good questions Justice Kagen asked and Justice Ginsberg asked. We passed yet another term with no questions from Justice Thomas. But he did Say Something one morning and it created quite a irestorm in the press. Are you up to date on that . I remember, we all kind of and the press gallery looked at each other and, did he really Say Something . It was hard to tell. T was sort of a quip made in passing. But he was he leaned toward the microphones, which certainly seemed like he intended it for it to be heard. And this was a case that actually ended up getting dismissed, boyer versus louisiana, about
Not 2014. December possibly. Now gold, we will see what happened. Following the fed statement. You can see with a lower 3. 40. E enduring a quarter of a percent moved to the downside, not too bad. Last week crude virtually unchanged. Down 1. 30. That is what happened as soon as the market began to absorb what the article said. Tapering would happen sooner rather than later. We have the statement from the fed, that we gave you. But we have every angle of this covered. Head of treasuries, you may have seen the honda prices pare their games. And chief economist at first trust. See the rest of you guys in a minute. What do you make of it . It is clear, it has been fickle to any announcement coming out of the fed, washington or the wall street journal. It is clear the market did not move on the fed announcement. When he announces a december taper is not off the table, we are off to the races and the machines kick in and start selling off on that news. Buit has become pretty easy to trade. L