Asia. Rishaad we saw some tailwinds in the asiapacific, and it does it stop here . That question after asian stocks had their best week in six months. At what isa look going on here. Equities at record highs, but analysts seeing earnings season providing a further boost. Is essentially earnings per share coming through, and they are Getting Better and better. Companies had their profit estimates lifted by an average by analysts. Sts here for the rally to be sustained. Haidi whether this sentiment story or the fundamentals, it looks like earnings season looking buoyant as that gets underway. It is a big event risk week. , whether in particular that changes the narrative of the synchronize Global Growth story. China, cpi and ppi readings out of the United States after that payrolls number disappointed. Singapore, taiwan, and malaysia coming online. Lets get it over to sophie. Monday, momentum sustained in kuala lumpur, the index adding to the 1 gain last week, that building on decembers
Brent a decline of 49 cents. Couple big corporate stories to tell you about. The biggest one, its final. Its here. Verizon set to announce an agreement today to buy yahoo for 5 billion. Sources telling us that yahoo will no longer an operating company after this. It will become a Holding Company for stakes . Alibaba and yahoo japan. Has a small platen portfolio to sell. Marissa mayer not expected to stay on after the deal is completed. Her severance, expected to be 57 million. Well have a lot more on the story in a couple of minutes. Other news as well. Tesla and solar city, theyre reportedly closer to a merger. No brainer. Thats a new one. One brain. Elon musk the largest share hoeflder in both companies. In the final stages of carrying out Due Diligence on both companies. The companies are carrying out due dial generals the right brain talking to the left . Elon did an interview this morning. Did you see this . Its a good piece. We dont get that paper. Its called the new york times.
Our roadmap begins with shares of mcdonalds after reported earnings that mixed expectations. Well dig into the report. United technologies is up on earnings. Ceo Gregory Hayes is going to join us live for an interview. And the Democratic National convention kicked off with a bang. Well go live to philadelphia for the latest. But first up, mcdonalds with earnings. Sales in line, but earnings miss on the bottom line. 1. 25 a share, global comps up 31r3 31. Stocks are down 2. 5 . A year ago they were down 2 and people are looking at all Day Breakfast and saying, is this all its brought. I think theyve got some promotions that are good. The stock rangers on pokemon g japan, so it was where it was before this. Its by no means the swan song for easter book. The guy has done a remarkable job up 30 points. Can they miss in a quarter period . Yeah. The rest of the world doing pretty good. I think easter brook has done a good job. I dont think all Day Breakfast has done its growth. You need some
Money. A Senior Commander of alnusra front has been killed in syria. He died in a Government Air strike in the city thursday. He was a veteran alqaeda leader who held the title of general military commander for nusra front. We have a report. This is an alqaeda Training Camp 16 years ago where some of alqaedas Top Commanders today were being trained. This man was among them, a Top Commander for alqaedas syrian branch, called the nusra front or alnusra. He was killed on thursday in an army attack. He reportedly fought with alqaeda in the late 1990s in afghanistan, then traveled to iraq before the fall of baghdad in 2003. He was arrested by the Iraqi Intelligence Services and handed over to syrian authorities who later released him. He returned to baghdad and became a commander of alqaeda in iraq. In 2005, he traveled to lebanon. His travel and jail times meant he met every important figure in alqaedas top command from afghanistan to syria, where he joined the ranks of alnusra front in 20
Castro will be sworn in today. Castro replacing Shaun Donovan who serves as director of the office of management and budget. And new Los Angeles Clippers owner steve new loirngs clippers owner will meet fans today who is expected to hold a News Conference marking a new era for the team. That does it for way too early. Morning joe starts right now. Sunday started with prayers and messages of unity, peace, and justice. It took a very different turn after dark. And i believe the continued resolve of the good people of this community, ultimately triumph over the few people bent on violence and destruction. Good morning. It is monday, august 18th. Welcome to morning joe. With us on set, morning joe
contributor mark halpern. Former Communications Director for president george w. Bush Nicole Wallace and msnbc. Com germane standing by in ferguson, missouri. He has been on the front lines and community for days now doing great reporting there. Hell have the very latest after another violent nig