Great to speak with you once again. Let me start with asking you how you are processing all of this happening on capitol hill. Housef republicans in the and senate wants. We just heard the senator of north dakota saying the top tax rate will be 38. 5 . How are you processing what is happening . Mick we love it. We are having a great time because every time we hear more details, what we learned is it is reinforcing the fundamental principles are being met. The contest we set up six weeks or eight weeks ago we set the most focus on,re middleclass tax cut in the tax and thets more simple, tax rate is as low as we can get it at 20 . The houseal about bill, just hearing stuff about the senate bill today. Those principles are being maintained, which is encouraging. It means they are taking our proposal seriously and setting those in stone. Right now, it looks like were negotiating the smaller details. It does not mean they are not important, but things are moving in the right direction. Pres
Busiest earnings day of quarter. The treasury secretary on the tax rollout. And the ceos of dow chemical and Southwest Airlines in the next 60 minutes. First up, the white house is pushing what it calls the largest tax cut and reform in history. This morning on the today show, the treasury secretary was grilled about how the plan will be paid for. And mr. Secretary, would you be willing to raise your right hand and look at the American People and say, i Steven Mnuchin promise you that this will be revenue neutral and deficit neutral . So right now, were working with the house and the senate. This is now about taking the president s principles and turning them into a bill that we can get passed and the president can sign this year so we can create Economic Growth. And were going to work closely with congress to get this done. So matt, yes, our principles are, we want to pay for this with Economic Growth and with reducing lots and lots of special interest deductions. Ive got to get your
A lot of viewers enjoying the Reggie Jackson photo bomb here with bob. Thank you very much. With all of that, lets get over to the judge and the half. Welcome to the Halftime Report. Im scott walker. The nasdaqs moment of truth. Over the next 48 hours, with two major events could very well determine where that record setting index goes from here. Key earnings from apple and facebook, will they be good enough to keep tech flying high . With us for the hour today, joe turnover, stephanie link, josh brown, john najarian. We begin with the nasdaq. Apple itself hitting an all time intraday high. How many of these two key earnings reports are going to dictate whether the nasdaq and tech can keep rolling . Huge. Very huge. Let me throw out a stat to you real quick. Last year at this time, apples straddle, thats the combination of the call and put, were trading for almost the same price its trading for now. Difference is last year we were going to it with a 104 price on apple. Now its a 147 or
Disadvantage. That was a predeal with 108 dividend payout ratio projected for next year. Post deal, down to 70. The growth from enterprise r revenue at level three and synergies offset the declines and you fast forward and the new company two years out is a 2 grower at the top line. Not a 2 shrinker. We have the opportunity to take the best of both cultures, the best of century link and apply it across the bigger asset base. When do you see a deal 40 cash flow, increases the asset mix and the stock trades down . So management doesnt come together or you use the football analogy with the patriots not keeping tom brady on the bench. What happens if they give you the heisman . I think were in the fourth quarter. Were sharing this today. Weve had great constructive dialogue so far. We told them we would be sharing an idea. Theyve responded constructively. And then i believe the idea will snowball. I believe stakeholders will get behind this and that we can get this to happen. My goal is ge
All in the name of raising money for paid yediatric cancer and research. We have a number of speakers joining us live here throughout the next couple hours. There they are. We have nascar champion jeff gordon and cliff robins of bull harbor group, and a unique way to play streaming media, and, yes, involves teletubbies. Oh, boy, looking forward to that coming up. Green Light Capital statement e einhorn, bringing you all the headlines of what he talks about as soon as we get them, but we begin with apple crossing an important milestone today in terms of value. Bertha is at the nasdaq with that side of the story for us. Reporter yeah. Apples market cap today crossing 800 billion in market cap. It crossed 700 billion after blistering 37 gain the prior year. Already this year, apples up more than 32 notwithstanding iphone sale numbers in the most recent quarter. The stock is up 100 a share since tim cook took over as ceo in 2011. A gain of nearly 200 , and apple is a big catalyst behind th