Keith colbrunn has braved the elements and battled the seas and is here to tell us about the new season of deadliest catch. All that and more coming up on street smart. Now to the big three stocks to watch in the close. Head out to julie hyman who has what we should be keeping an eye on at this hour. In the past couple hours we got the latest letter from David Einhorn of Green Light Capital and talked about some of his recent investles. One of them is sundesin. This is Solar Developer and green light said it took a large stake in the company and einhorn sited the declining price for solar is lest comesly and rising prices is one reason sunedison will be a leader. Theyre buying the stock, over 10 today. Matt mentioned the phrma deals were hearing about. One of them today is a bid for allergan coming from valiant pharmaceuticals supported by bill agoman who recently took a stake in allergan. The combined stock, 45. 7 billion. Its around 153 a share and you can see allergan has risen abov
And as the Company Continues to spend heavily on expansion and Product Development and items like it new kindle line, revenue rose 27 also short of forecasts. Am that sons further Quarter Sales outlook is now shy of analyst estimates and amazon shares did fall in late trading yesterday. You can see that on the board there. 221. And Computers Featuring Microsoft Windows 8 hitting store shelves today. The company is opening 32 pop up stores just for the holidays. Its designed to run on a variety of devices. Pcs, lab tops and tablets. We heard from Steve Ballmer about it yesterday. Joe. Fiscal cliff still about two months away, but the combination of scheduled tax hikes and spending cuts may already be impacting the economy. The Washington Post citing a report by the National Association of manufacturers says companies are bracing for the fallout by cutting jobs and delaying big purchases. Government data shows Business Investment stalled in september. The report goes on to say if Congres
You can watch live tv on your computer, and smartphone. Thecan even record shows to cloud for later viewing. The Service Costs eight dollars or 12 a month. Preaereo there were three ways to watch broadcast television. Antenna to your roof and get it for free, get a Cable Company or Satellite Company for a box or a dish. While you are paying cable and satellite companies, they are paying broadcasters to retransmit programming to the tune of about 4 billion a year. You know how much aereo. Pays networks . Zilch. It is pulling down the same free signal anyone can get with their antenna. The fact that the antennas are in a warehouse should not matter. Broadcasters say aereo is no different from a Cable Company. In march 2012, they sued aereo for violating copyrights. The lawsuit hinges on one thing, whether or not aereos retransmission is a public performance. Infringingereo is because they have not paid for programming by Cable Companies do. If the Court Decides aereos service is a lot of
Again, more fundamentals. Earnings palooza comes your way with at t, young branum brands. Amgen and gilead. Well have the information first. The analysis, the market reaction, everything you need to know coming up on the closing bell today. Also, should you be allowed to accumulate stock in a company you know will be a takeover target . Some say thats what bill ackman did. The former head of the securities and Exchange Commission harley pitt weighs in exclusively about whether or not its legal. Very thorny, controversial issue. Heres the numbers and all that we have for you right now. The dow, as you see, rallied from the getgo. European markets reopened today after the easter holiday. And they were in a buying mood as well. The european markets were higher this morning. The dow up 96 points off the high. We need to get to 576 for the previous alltime high. So as you said, were about 31 points away right now. Nasdaq up 45 points. Once again, the strongest of the major averages with a g
This is the scene in new yorks time square as protests that have spread to more than 75 cities enter their seventh night. In other news, countries across the world start easing their lockdowns, including brazil, worst hit by coronavirus in latin america. And we look at the effects of the pandemic in the classroom as children return to school in england, but with new social distancing rules. Welcome. Thanks very much forjoining us. An independent autopsy has been released into the death of george floyd, an African American man, who died in Police Custody. Heres one of the forensic pathothogists who conducted the autopsy. The evidence is consistent with mechanical asphyxia as the cause of death and homicide is the manner of death. Were going to show some disturbing footage in a moment, of George Floyds arrest an event which sparked the worst racial and civil unrest in the us for generations. It was this footage that went viral, showing three Police Officers kneeling on the unarmed mr flo