Transcripts For BLOOMBERG Studio 1 20160220 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.
Percentage points and australia down after the bank to bring Interest Rates lower. Lets take a look at what happened in europe, youre going to see, at least in the early trading there, european markets for the most part are in the red. The dax down by 0. 75 . So is the cac in france. The ftse is down by 1. 3 . Finally, a look at crude oil prices yesterday, they pulled back again down 1. 13 to 43. 65. Wti is sitting in that same position at 43. 51. Were going to politics but first the top headlines this morning. The biggest one being this, takata expected to announce it is recalling 35 to 45 million more air bags in the United States. This is going to double what is the largest and complex safety recall in u. S. History. An official announcement could come as soon as today. Separately, a bidding war is brewing in the pharma sector as joe said. Pfizer approaching cancer drugmaker medivation to express interest in the acquisition. This could mean that the company could challenge the 3. 4
He was he was krzyzewski before krzyzewski. Sir Alex Ferguson shares his secrets to successful leadership. Indeed. But we do begin with that biggest tech deal of all time with dell buying data storage and security giant emc for 67 billion. The ceos of both companies on cnbc speaking about what this merger means for them and for investors. But this mega deal also raises questions about who is going to be next. I hope youve been doing some digging and you have some answers for us josh lipton in san francisco. Well, mandy, lets walk through first just how this deal will actually work. So dell will pay 33. 15 a share for emc. Thats cash plus tracking stock linked to emcs interest in vmware. Michael dell will lead the combined company as chairman and chief executive. The deal, which needs approval from em c shareholders expected to close next year. The company will be a powerhouse in the data storage industry. Thats a 36 billion market according to idc. Brent braceland, an analyst at Pacifi
Is mediagetton still upon us. Disney posting mixed results. The details of squares ipo are out. And alibaba buying the youtube of china for 3. 7 billion. The story of the morning is the strong jobs number, including 268,000 private sector jobs added last month. 5 unemployment is the lowest since 08. Average Hourly Earnings up 0. 4. The numbers coming out two days before fed chair yellen indicated a hike in december was a live possibility. Earnings year on year, 2. 5. The biggest since july of 09. Weve been waiting for that number for a long time. Remember earlier this week i sa switched my posture and said bring the rate hike dollar. The dollar will be stronger than it is, and that will hurt the industrials. The banks will soar. Thats a huge part of the s p. It will be mixed for people who own stocks. Healthcare should go down here. The bank stocks, wow, they could carry the whole thing. Does it mean that 70 is being priced in for december . If they dont do it we keep talking about the
Transcripts For BLOOMBERG Studio 1 20151114 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.