We had some importing use. Market movement, a lot of volatility. Tom a lot of volatility. We will cover that with paul donovan. Excusepresident me, the president and the chair will meet today at 3 00 p. M. What chair yellen will discuss with the president , but they are meeting. Francine i dont know if this happens very often. They may talk longer term. Tom maybe they will look at Washington Capitals prospects. I dont know. The stanley cup is upon us. Francine there you go. Lets get to the bloomberg first word news. Heres Caroline Hyde. Caroline the international furor over the penama bakers the Panama Papers anders its second week. Over the weekend, cameron addressed concerned Party Activists that acknowledged shortcomings in his handling of the matter. President argentine is promising to put his assets in a blind trust after he was linked to two Companies Listed in panama. Foreign ministers from the group of seven industrialized nations are meeting in japan, calling for a renewed pus
Single analyst or the person who comes on the show, and it is valuation, and phenomenal. The cash . Phenomenal. Everything, but year over year, it is potentially the decline. Katy huberling believes it might be better, because of what the street is project iing, but thi is why the stock is stuck here trading between 100 and 105. And does the apple go down the list with alphabet, intel and they have rallied. Well, the ones that did, 10e8d off, and did intel push up the market . It did not. This is a market looking at oil and the fed, and we are looking around the globe to see exactly what is going to be leading this thing right now, and i dont believe that apple is going to kill it if the numbers are bad. And joe, people say it is critically important expected to account for the majority of the earnings growth. Well, it is still going to be multiple earnings over the quarter well, the name, Howard Eisner and i hedged on the name. I just remembered it. Well, apples performance year to da
That decision due around 7 45 eastern and then draghi will be holding a News Conference that starts 8 30 eastern. The dax is down by less th than. 2 . What is that . The euro sitting at 1 13 versus the u. S. Dollar. And crude oil price, prices initially falling over night. Wait a minute. Contract rolled overnight. It was 40 yesterday. This is rigged. It was 42. At one point in the day it was at 42. This is the rnc. This is rigged. This is like Reince Priebus is controlling the further and further out. Going to 85 and like a no brainer. Its 40 now its 44 just like a contract roled. Its rigged. You cant go from 40 to 44 overnight and i looked at crude yesterday and it was 42 and change. Must have been up then. And looked at that it was 43 and change. So yeah. Rigged. We got Reince Priebus and trying to get him mad. I think we did that already. Hes so defensive. Have you seen him any of the shows. Theyre preparing for cleveland. Down in florida with ted cruz for three days. I know. They s
From activist investor and its shareholder elliott management. Well have a lot more on the talks around dell and from a tech analyst in just a minute. Also Fiat Chrysler and the uaw reaching a tentative agreement on a new four year labor contract. They threatened to strike if a deal wasnt made by midnight. Also 40 pow uaw workers now must vote to okay that agreement. The last proposal was rejected by rank and File Union Members. Many retailers will report Monthly Sales today. Costco saying its september comps were flat. Analysts had been looking for a small decline. Other corporate news, Deutsche Bank warning of a record pretax loss of almost 7 billion. Among the reason, big write downs at its investment ranking unit. It might cut or eliminate the annual dividend. Sony is moving forward with a plan to sell its half of a sony atv music publishing. The journal reports that the publisher is valued at about 2 billion. It owns the rights to most of the beatles songs. Smartest thing that Mic
Percent or 29 points. Thats where we stand right now on this monday. Well, despite disneys new star wars movie absolutely crushing it over the weekend, crushing all box office records, in fact, the stock keeps on falling. Its down another 1 today. So youre looking at trading since friday, if we can bring up that board as well. There we go. Down from the 112 range to the 106 and change range as we see today. And, mandy, the driver here has been the btig media analyst rich greenfields two cnbc interviews in two days. Watch this. Disneys earnings expectations for fiscal 17 and 18 are simply too high. Were 5 below the street for 2017. 8 below the street for 2018. Bob eyeinger is not being truthful about the ability for espn to go direct. Do you think more than half the households in the u. S. Would say i have to have this. Youre saying hes straight up lying . Were saying hes not being honest with investors. All right. There you have it. Lets bring in martin pyykkonen, Senior Research analy