As shareholders weigh in. Our investors likely to embrace the deal . Is pretty likely they will, particularly, the minority shareholders are expected to go for this deal, and it is a good one, with will lawrence offering 2. 25 billion, and that beats the david jones retailer with a substantial premium. 3. 19. There was a big spice in the spike in the share price. Votesrity of the proxy are in, and it represents 31 of shareholders, but it is not going to be as simple as all that. There are a couple of wildcards in the mix, and one of them is an investor who is quite well known in australia. He holds in over nine percent stake in david jones. Now, the company is offering to stake, the deal being contingent on the david jones been. Bid. Others are taking an interest in the extra deal, describing it as it may be an inducement to lew and could be a breach. Vote in favor, it is not going to be the end of it. Therell be a Court Hearing into the other matter on thursday. David jones. A big vot
Gains there. Also malaysia, taiwan. For december. Risinge u. S. Stocks are even though u. S. Jobs came in with a low forecast. You could blame the harsh winter and tapering. They may ease off the tapering plan. Story. Japan is the main more details on that and which stocks are reacting. The yen,t exporters, and more in a minute. Gpm, 2. 7 jam this year. We could be in for more swings when it comes to market rates in china. The source of the information couldnt be more credible. They are the only ones who have the tools to control where those rates go. It is the pboc, the central bank. For lack of a better word, putting on some sort of guidance to the market on these rates. Not only will they perhaps remain elevated but they will continue to be volatile. It is not necessarily a bad thing. They are trying to reduce the credit expansion or at least places where that liquidity goes. It has gone to fairly inefficient industries. They want wont step in as often as they did. February 8 was th
Them second hour of cnn newsroom begins right now. We will begin with that fiery clash between republican president ial candidate donald trump and another highprofile tv journalist. A few hours ago, mr. Trump was holding a News Conference in iowa when a univision anchor tried to ask a question about his immigration policies. Excuse me, sit down. You werent called. Sit down. Sit down. Go ahead. No, you dont. You havent been called. Go back to univision. Go ahead. Go ahead. Go ahead. [ inaudible ] sit down, please. You werent called. Go. Yes, go ahead. Security escorted ramos from the room. He was allowed to return and asked about trumps immigration policy. Yes. Good. Good to have you back. Thank you. [ inaudible ] in a humane fashion, believe me. I have a bigger heart than you do. I want them to come back and get documentation so they become legal. You know what it is called management. You are not used to Good Management because you are always talking about government. Let me just tell
Fears about weakness in chinas economy sending investors around the world out of Commodity Prices and out of oil and into the safety of government bonds. I want to bring in Andrew Stevens in hong kong. Andrew, the selloff continues unabated in asia. Reporter good morning, christine. Unabated in china. Shanghai down more than it was yesterday. 7. 6 versus 7. 5 yesterday. These are massive falls in anyones language. This is panic selling in china. They are mainly small investors and want to get out of the market. A lot of them borrowed money to do it. Now they want to get out. Their concern is no sign of visible Government Support trying to ease the pain. A lot of angry and disgruntled investors in china. It is important to note here, christine, the shanghai meltdown should be seen in isolation. The market does tend to operate in its own world. It doesnt reflect what is happening in the real economy. Market went up into a huge territory while the market was going down. The other good new
In manchester, New Hampshire, what does it look like there, peter . Reporter neil, we talk so much about National Polls and primary polls but this is where the first in the nation primary poll s come to life at the New Hampshire Democratic Party convention you can see everybody that wants to be the democratic nominee is represented, beto orourke came, hes been talking a lot lately about gun violence, watch out right behind you, about gun violence and also about families at the border, youve got Amy Klobuchar here represented, joe biden came to do something he does not normal ly do which is greet his group of supporters and you could see most of them have gone inside because he is about to speak, down here youve got and rye yang pushing for, trying to get support for the universal basic income, 1,000 a month, and at different times everybody has had various amounts of excitement at their tent, but perhaps nobody for as much of a time as Bernie Sanders over here , because hes doing somet