His stake in energy producer, chesapeake energy. He owns just shy of 10 of the stock according to regulatory filing. Liz the firm upgrading the stock to overweight saying that the retailer should see growth in the midteens in the future. Ashley investors keeping close eye on egypt as the violence showing no signs of ending. Government killing 25 killing of defend five Egyptian Police officers near the border with sinai near israel. Liz order for 60 new fighter jets. Who is ordering . South korea. Sources say the u. S. Aerospace giant undercut rivals in the bidding war. After the bell starts right now. Ashley lets get right to todays action. Jason pried from pride from glenmede sees the market grinding higher and he has three ways to make you money. Joining us from the pits of the cme, joe cusack. We drifted along in typical august fashion but suddenly saw a big spike on the 10year yield, didnt we . We saw it get mortgage of 2. 89 . When you see the 10year move like that bond prices sta
On that news. Liz activist investor carl icahn we told you on after the bell he would up his bid for dell. He has. Adding a warrant to it. Adding value for shareholders would be 15. 5a share, to 18 a share versus the dell offer which is at 13. 65. Adam talking about reversal of fortune. Media companies that own hulu decided not to sell the o. W. N. Lie video site. The Companies Say they will maintain their stakes and recapitalize the company with 750 million bucks, a cash infusion. Liz chinas finance minister says the countrys Economic Growth rate will likely average 7 this year. That would be great for the u. S. That would not be good for china because it is below the 7. 75 target. However the minister said the economy would not suffer a socalled, hard landing. Adam jpmorgan posted a 31 in secondquarter earnings as underwriting income increased and bond market trading revenue jumped. Us airways shareholders voting to approve a merger with amr, giving them a 2 stake in the Worlds Large
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