Hi, its great daddy with his im 0 venue. This is the news. Our live from doha. Coming up in the show today. The worlds richest man, he long must close, is a 44000000000. 00 deal to acquire twitter and sacks. Its top executives. The battle for the dumbass intensifies as russian soldiers edged closer to seizing the ukrainian city of boot. Pakistans ousted Prime Minister in mankind, holds his long march towards the capital to force an early election who will be brazils next president will be reporting from a swing state as the 2 candidates head for a tightly fought run off on sunday. And im lia harding with all the latest world cup nears portugal, captain christiane of rinaldo scores. After his return to manchester, united starting lineup. Ah, the worlds richest manny long, musk has taken control of one of the most influential social media platforms. Twitter, hes now officially completed. The 44000000000. 00 purchase mosque was seen walking into twitters headquarters on wednesday carrying
Also get a pros take. Bob olstein will join us live and exclusively in a couple of minutes. A list of predictions for 2014, and naming stocks that are his best value plays. Also, get this. Jpmorgan has been fined 2 billion for not figuring out that Bernie Madoff was a fraud. 2 billion. Wasnt that the governments job . Why is a private bank facing consequences for allegedly turning a blind eye and not government officials who were asleep at the wheel, obviously, at that time, during the decades of deception . Closing bell is getting into that a little bit later in the program today. Stick around. In the markets, take a look at whats happening. Diversion across major indexes. Dow is negative. Less so than session lows about noontime. Nasdaq is positive helped by twitter, tesla. S p 500 up about seven points sorry. That was the nasdaq. That would be up a bit. Im sorry. Now down about one point. Twitter. While i was gone, it went to 55 a share. This is true. That is unbelievable. Lets talk
Substantial. The nasdaq composite is up half of 1 . The swing is not even 100 points. We started off in the red and now we are in the green. We got in home prices that rose the fastest in seven years. This group is doing really well. Kb homes up 7. 7 . We saw double digit Revenue Growth for kb homes. Back to you. Lori thank you, nicole. Gaining 12. 4 from a year ago. There are some concerns about the home price gains peaking. Adam news alert for you, Eric Schneiderman seeking the help of washington, d. C. To help prevent highfrequency traders from getting information earlier than the rest. They paid thompson and reuters for that information. Speaking at the bloomberg market, the attorney general had this to say. We are seeing something far more insidious than insider trading. Small coop of powerful groups inside the market are able to use soon to be Public Information combined with highfrequency trading. Adam he says regulators face several challenges tracking and preventing these. He
Apiece after the close yesterday. Checking the shares at the moment, up nearly 2, 21. 87. Facebook will likely make a bunch of new investor friends, because itll become a member of the s p 500, also the s p 100 next week, so this means facebook shares will automatically get snatched by some index and investment funds. Lets have a look, a huge session for the social network, 2. 58, thats 5. 25 , thats a nice jump putting the price at 51. 97. Now, unlike facebooks rally, lululemon having a sour day after it warned about a sheer forty be quarter. Fourth quarter. Straight to nicole pet lee d. C petallides. Reporter taking a look at lululemon, lori, looking you can see its down about 11 to 60. 78 a share. When lori says sheer, that was one of the many problems that lululemon has faced, they went back to the manufacturer, they had to recall some pants. That being said, theyve had to lower their fullyear numbers. They said Quality Control was an issue, getting the products back to the stores
Good evening, everyone, and welcome back from the long weekend. We begin tonight with a history lesson. 81 years ago today stocks hit rock bottom, on july 8, 1932, the dow sat at 4122. Not 4,000 but 4122. A nyse low. Today stocks turned in their third winning session in a row. The dow closed at 15,2 4. Share volume, 3. 5 billion shares. There wasnt much news to propel stocks today. Members conjured members of fridays jobs report. And the dow off its high for the session shot up 89 points, the nasdaq added 5, the s p 500 was up 8. The russell 2000 index of smaller stocks closed at a record today of 1009. Excluding special items, alcoa beat analysts estimates. The edged forecasts by a penny, it saw a slight beat on revenue two. Even though sales were down a little bit compared with last year. Despite a weak aluminum prices, alcoa benefited from increased demand from its metals. How do things look for the aluminum giant for the rest of the year . That was my first question to alcoas ceo w