Exit the bulk of its lending business, most of its real estate. The ceo is refocusing the company on its industrial roots. Apples new smart watch now on display in stores while online reorders push delivery dates for some versions into july. Apple what officially goes on sale april 20 four. Optimism for the new product lineup has pushed the Company Shares to record highs. Hillary clinton officially plans to launch her bid to become the nations first female president on sunday. According to people familiar with the matter, she will make the initial announcement in a video and head to iowa and later New Hampshire. We have got less than an hour to go until the close of trading. Scarlet fu is looking at the action on the street. Almost a triple digit rally in the dow. Almost. Getting close. Over the course of the day, 121 points. That is still more modest of a move been typical over the last three months. Scarlet this is the first threeday gain for u. S. Stocks since midfebruary and volume
A lot better than what economists are looking for. A 3. 1 advance. The allimportant spring buying. We arty have increases for pending home sales. Existing home sales are lagging behind. We were down slightly. A little bit of an uptick following latest home cell numbers. Not changing all that much. Still changing when it comes to the dx why. Very quickly here, lets pull up the 10 year yields. It is yielding at session high. The eu says they may have pose unfair prices by from some European Countries to others. It expects there to be a solution with the help of the russian government. Here is what comcast plans to do in today passes crucial meeting with the Justice Department on their merger with Time Warner Cable. I do not have this right. Listen now and make an offer later. People familiar say lawyers will listen to the deal. Government antitrust lawyers are expected to emerge and arguing the deal would mean fewer choices for consumers. Marissa mayer knows how to get investors excited.
Bank. Investors have been underwhelmed by a turnaround plan hours before its annual meeting, Deutsche Bank gave anshu jain direct oversight of strategy, admitting to the department of three key executives. Shares of Deutsche Bank posted the worst performance in the last three years, the stock has fallen more than 6 since the plan was unveiled last month. Investors yawned at a news update bank finds. Shares of j. P. Morgan and citigroup fell slightly. Royal bank of scotland rose. The bank pleaded guilty to felonies and agreed to pay five posted the worst performance in the last three years, the stock has fallen more than 6 since the plan was unveiled last month. Investorspoint 2 billion in fines. Felony convictions used to be viewed as a death sentence. The Justice Department says the banks have been sent a message. Part of what we are dealing with the guilty pleas is putting the banks on probation. Forcing them for the next three years to observe much more strict financial controls, mu
Buying a visa europe for as much as 20 billion. And syngenta teva is in talks to take over mylan. And new England Patriots Quarterback Tom Brady says the Team Championship was not tainted by the championship controversy over deflated footballs. An nfl investigation found that tom brady probably knew about it and he could be suspended and the team could face a major fine. We have less than an hour to go until the close of trading, and lets go right to our breaking news desk where Senior Advisor julie hyman is there. Julie we have materials technology, health care, and Energy Leading the game, but these were all groups in the Energy Sectors that were rising, and we can put this in the laps of the job report. This is just Strong Enough that it does support economic strength or an economic recovery, and yet just weak enough if you will that the Federal Reserve does not have to be, at least in theory, aggressive enough about releasing rising rates. This has come back up a little bit, and we
Stephanie and it has already been a busy tuesday morning. This verizon and aol deal tops our news in focus. Verizon to buy the house of two moms Tim Armstrong. 50 per share. Stephanie greece will pass another hurdle this week. Other payments between now they may not get that far. John kerry is in russia for his first meeting with Vladimir Putin in years. The company throwing in to the money market ring. In competition with two maybury major tech names. The most expensive painting ever sold in auction. An anonymous telephone bidder for 160 million. Stephanie a lot of news this morning. For the second time in three weeks, nepal has been rocked by a killer earth quake. 7. 3. Centered 50 miles outside of nepals capital. The jolt was felt five hundred miles away in new delhi, india. The click caused landslides in remote areas. 36 people have been killed and more than one thousand injured. We spoke to that under armour climber who rescued 20 himself. Its test vote in the senate on the contro