Gas prices went down was doing pretty well. They gains across the board. And smucker buying a pet brand company, a deal valued at 500 billion. The cash and stock deal boosting debt. Kibbles and bits, meow mix, and other classic pet treats. 2. 4 billion dollars in sales for fiscal year 2016. And apple has raised six point 5 billion in its latest bond sales, taking advantage of lower interest rates, and the 30year deal has got a 3. 45 coupon. 158 billion of overseas cash without having to repatriate it and pay taxes. Apple has now raised the equivalent of 39 billion in the bond market in less than two years. And sales of grand theft 5 up, and that is helping take two interactive. Doing quite well. Millions in Digital Sales tied to that one game grand theft a uto, alone. All right to the lead. The fight is on for the future of transportation, and who go up against one of the companies it has invested in, huber. Uber. They are also looking to set up a lab in the Carnegie Mellon home of pit
San francisco, welcome to bloomberg west, where we Cover Technology and the future of business. I am cory johnson. Oil prices on the rebound, brent crude continuing to bounce off the bottom, and brent crude rallied from their low last month, and the head of Capital Management on the impact of oil. Good news about the oil side is it is good for the economy. There are a lot of consumers who have more money in their pocket today than they had six months ago. And the economy even before the gas prices went down was doing pretty well. Cory gains across the board. And j. M. Smucker buying a pet brand company, a deal valued at 500 billion. The cash and stock deal boosting debt. They make kibbles and bits, meow mix, and other classic pet treats. . 4 billion in sales for fiscal year 2016. And apple has raised 6. 5 billion in its latest bond sales, taking advantage of lower interest rates, and the 30year deal has got a 3. 45 coupon. 158 billion of overseas cash without having to repatriate it an
Getting ready to report its earnings after the bell. Lets take a look at shares. Currently up by 1. 9 . 132. 73. That stock is up about 20 this year so far. Most of that however, was before it joined the dow just over five weeks ago. What can investors expect to hear . What will it do for the stock . Josh lipton is in cupertino, california. Mandy, as you mentioned, apples stock has moved sharply higher this year. But can ceo tim cook keep that momentum going . Well find out after the close today. Heres what the street wants to see. Analysts are looking for earnings per share of 216 2. 16 on revenue and 56 billion in revenue. Drilling into the different product segments analysts think apple shipped 57 million iphones. Apple is still the iphone company, the product representing more than 50 of the companys total sales. Analysts think apple shipped about 14 million ipads. That product has been a sort of disappointment to wall street. Well see if that trend continues. Analysts think apple
Port of the xi team can now its up to russia has got to putin signed a treaty to the next crimea sundays referendum has largely been declared illegal by the us eu and ukraine all the sections have had little effect in the crisis to date. Hundreds of mourners paid their respects to crimean tartare which outcome until his funeral in the crimean kept two of sinful. On tuesday the father of three disappeared amongst the thud when men in a live tree jack is slipping away from the scene of the protest and simple. One of his friends said hed gone into town to him that Ukrainian Army while the average outcome itself was founded in two weeks late to get the coolest fifty km east of simple form he had been tortured and beaten local toss our leaders are asking to come up with huge build up and brush and trees and trees in the Crimean Peninsula in recent weeks russia has now im extra innings. I the rekindling of june more. Students need to do for you. Yes de lucia was more. When you cross the supr
Investors happened around 10 00 eastern time this morning. We had a pretty good rally on the open and then it just fell apart. The dow was up 75 on the open and then down triple digits much the of the day, but were coming back even though we had pretty decent earn from Johnson Johnson and verizon. A lot of the guys are starting to leave to get ahead of what could be nor thanksmore nasty weather. The dow is off about 41 points. Braving the storm and making his way to the New York Stock Exchange is johnson and johnson alex gorsky. A more modest outlook for 2014 is hitting this dow xlonant today today. Apple, a positive report on the company has investors optimistic. Its up 1. 6 now. So is wall street ready to love apples stock again . And is retaking 700 out of the question for this year . Not out of the question. Were at 550 today. Well take a closer look at one of the most owned and certainly one of the most interesting stocks out there, apple. Yeah. And weve got a ton of tech earnings