U. S. Airwaysamerican. What other ones are in your mind . This was the year of the big deal. Who could Forget Verizon buying the entire stake. Ack from vodafone that was an enormous deal. It helped deal volume spike up a little bit. At the end of the day, the number of deals we have seen is relatively flat compared to last year. The total number was abysmal, quite dismal for bankers and lawyers on the street. They will have to look ahead to 2014 to see if there are opportunities to bump the number up. A lot of private equity firms are waiting this out, trying to make a big splash in 2014. You mentioned verizon. Most of the big deals were in tack or telecom. That is right. We might see a few more going on. This is a mature industry. There are some big deals we could see going forward. Mobile outu have t there that is still a target. We might see softbank make a run for that. They are the majority owner of sprint, so they will have to consolidate to capitalize on that Business Model. Tha
Porky pig. Overnight in asia, shanghai and hong kong down sharply, some disappointed in that fourday meeting of leaders and bank of england cutting its forecast for inflation. Macys beating profits, affirming on the year. And a fight with kraft ends up costing the coffee giant 2. 8 million. Tesla confirming there are no plan foors recall. Outlines his vision and fires back at George Clooney. And doubts continue to compound about completing fixes for the end of the month on baum care. Revenues beat consensus at revenues are up 3. 5 prgs. The ceo says numbers are extremely strong. Sales trends at bloomingdales doing well. Big name for my charitable trust. Ta Terry Lundgren has been able to go against amazon. In is always whos got the antiamazon game plan. He can move around merchandise. Hes got my macys, the regionalization. If you go there friday night in pittsburgh, you will find steelerlike clothes, raleigh, north carolina, its bow ties and sear sucker. The new york store is doing wel
More cash to shairps shareholders. Sears shopping for buyers for its canadian unit. Eddie lampert making more changes to that retail empire and sony, negative results again. More record highs for the s p and dow despite the soft data. Will we see new highs today . Another acquisition for yahoo . Marissa mayer scoops up snap chat rival strategies by a thousand buys blink. Youll miss another one. Whatever that meant. I dont know what i just said. Alibaba liked it. First up, though, macys did report First Quarter earnings of 60 cents a share, Beat Estimates. Retailer says comp sales down 1. 6, hurt by the Winter Weather and macys earnings released Terry Lundgren says sales trends did improve in april when weather started to improve. Announcing a 25 Dividend Increase and boost in the share buyback. The story on m is margin control. Despite the decreasing comp held vndsers to the fire. Got operating margin, 7. 1, looking for 7, gross margin 38. 9. Thats in line. Did they squeeze toomey . I
Finishing at 99dollars38 cents a barrel. The search continues for more than a hundred people missing after a mudslide destroyed a fishing Village North of seattle, washington. Eight people were killed when the slide, 15feet deep in places struck, saturday morning. President obama is in europe meeting with leaders of the group of seven, thats the g8 without russia. They may step up economic sanctions against russia for its annexation of the crimean peninsula. And disney is paying 950 Million Dollars to buy privatelyheld maker studios. The Online Video Company has over 340million youtube subscribers. Trader Glenn Schultz of Performance Trust joins us now. Hello glenn hi, how are you . Im doing very well. How are Janet Yellens comments from last week playing now into this week . Janet yellens comments are playing into higher short term rates. When you look at, for example, euro dollars futures the red contracts specifically december of 2015they are pricing in about a 120125 libor. So the
Then theres groupon. The companys sales came in stronger than anticipated, and the coupon companys cofounder, eric lefkofsky, will become ceo. Grounpon shares topped 10 last night. There was more selling on wall street wednesday. The dow, nasdaq and s p 500 all fell. Gold added 4 dollars and oil lost 1. 04. And tracking u. S. Tourism visitors from other countries injected the economy with 87 billion for the first half of the year, a rise of 7 . Todd horwitz of averagejoeoptions. Com joins us on the show this morning. Good morning, todd. Good morning, angie. I want to know how you plan to make money on all of this taper talk. You know, angie, i really believe that the taper talk is a bunch of just that talk. I think the fed has backed themselves into a corner, and i dont think theyre going to be able to taper, but the traders are showing them that they can taper without them, because theyre still rising, making Interest Rates go higher. But i think the feds got a real problem, and this