Gets 8. 3 billion buyout. Roach and intermun on the buyout . New alltime highs driven by the possibility of more stimulus in europe. Just a few points shy of s p 2000. First up, tax inversions in the spotlight, not talking about europe. Burger king in talks to buy canadian coffee and doughnut chain timms. Both Companies Say a combination would create the Third Largest Quick Service chain, a deal structured to shift burger kings base to canada, which has lower overall Corporate Tax than the United States but some thinking this morning is that taxes may not be the driving force on this one. Look, i think that theres always going to be anytime, its a hot button, especially walgreens not doing the alliance and president and treasure secretary saying weve got to stop these. This United States a deal that makes a lot of sense. Burger king challenged at breakfast, tim horton doing fath f fantastic. Burger kings last few numbers, doing okay, theyre not as bad as they used to but flattish comps
For the time being. Our road map with the markets under continuing pressure after logging their worst day in more than a month yesterday. Jc penney reporting a smaller than expected First Quarter loss and nordstrom reporting a better than expected firstquarter profit. The seafood lover darden selling red lobster to Golden Gate Capital for 2. 1 billion in cash. A whale tale, the money swimming into verizon. Well explain that later on. All right. Futures as you said, you saw relatively stable after the stock markets worst day in about five weeks. The dow posted the 167point drop. S p fell almost 1 and the nasdaq is now in the midst of a threesession losing streak. During our program yesterday you saw the tenyear note fall below 2. 5 for the First Time Since last october and the russell intraday hit that official correction territory, managed to claw its way out by the end of the day. A lot felt that bounce was significant. You know what, i think that dave tepper really this was a dave te
Company recruit ron johnson, it was really the collective decision of the board to bring him on, when when the business failed i probably got too much of the blame for recruiting ron. But thats okay. Thats the risk of my business. Rose we conclude this evening with golf and the story of jason dufner who won the p. G. A. Championship this past weekend. People dont realize its the best in the world, its the best of the best. Its not the best in your region or your country. Its from the whole world, these are the best at what they do, and you have to be you know, sometimes its 90 guys, sometimes 156, like the p. G. A. You have to beat all of those guys that specific week to get one of them, and i think thats the real challenge in capturing these majors. Rose ackman and dufner when we continue. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose bill ackman is here, c. E. O. Of Pershing Square capital management, the 11 billionplus Inve
Thats the risk of my business. Rose we conclude this evening with golf and the story of jason dufner who won the p. G. A. Championship this past weekend. People dont realize its the best in the world, its the best of the best. Its not the best in your region or your country. Its from the whole world, these are the best at what they do, and you have to be you know, sometimes its 90 guys, sometimes 156, like the p. G. A. You have to beat all of those guys that specific week to get one of them, and i think thats the real challenge in capturing these majors. Rose ackman and dufner when we continue. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose bill ackman is here, c. E. O. Of Pershing Square capital management, the 11 billionplus Investment Fund has been instrumental in turning around some of the worlds most powerful brands. Among them are Proctor Gamble and burger king but he has made controversial investments. He placed a bet ag
Thats the risk of my business. Rose we conclude this evening with golf and the story of jason dufner who won the p. G. A. Championship this past weekend. People dont realize its the best in the world, its the best of the best. Its not the best in your region or your country. Its from the whole world, these are the best at what they do, and you have to be you know, sometimes its 90 guys, sometimes 156, like the p. G. A. You have to beat all of those guys that specific week to get one of them, and i think thats the real challenge in capturing these majors. Rose ackman and dufner when we continue. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. Rose bill ackman is here, c. E. O. Of Pershing Square capital management, the 11 billionplus Investment Fund has been instrumental in turning around some of the worlds most powerful brands. Among them are Proctor Gamble and burger king but he has made controversial investments. He placed a bet ag