You are a dear masha, yes dear dear, but there is not a lot of hopta, but choose anyone , yes, there are a lot of wives, but choose your love, there are a lot of wives out there , but there is no dear one, but no. Have mercy on vanya dear, the wife, when it was very late, netuvani darogova, the canary party and sang songs, and the little voice of the tonkrid attacked, the canal sang. Good evening, hello, dear ladies and gentlemen, friday, the capital show field of miracles is on air, according to the good old tradition , the audience applauds. So, behind the reel of the field of miracles of the first three, Maria Sergeevna ionova, zharkova, pendensky region, village of old kamenko, Roman Ivanovich artamonychev. Nizhny novgorod region, city of goronets. Oksana dmitrievna moshkova, shlistelburg. Roman ivanovich, come on, start. Leonid arkadievich, according to the old tradition, flowers for the girls. Thank you, thank you. This is what we will talk to you about. Probably few people know,
Julie its another day of records. Its not at a record, even though it is higher. We did have inflation data this morning. Is that why we see the gains here today . Its not entirely clear. We started to date meeting of the Federal Reserve that might lead to an Interest Rate increase. Thats what many Market Participants are expecting. One thing stands out on this graphic area the philadelphia utility index is a link in the session in what is an otherwise in the green. We want to look at the rig movers. We have a couple of big cap movers. Boeing announced an increase in its dividend of 20 . To buy frompgraded neutral. We have more streaming deals in the companys future. On the flipside, we have Iron Mountain down. They announced they were going 1. 3 billionor dollars. Debtso changed the company to negative. Is falling once again. The company said the power commit equipment is in the investigation to the fires in southern california. The department of for street and Fire Protection might b
Ends up being routine. We have become numb to this. Experian is hit by a data breach that could effect 15 million customers that signed up for their service sending shares lower in london. Sprint banks on job cuts to help the wireless carrier cut up to 2. 5 billion in costs according to a memo seen by the wall street journal. All right. Quick peak at u. S. Futures and what were expecting today is a slightly higher start to the trading session. The s p 500 taking fair value into account seen up by 7. 5 points or so and the nasdaq expected to open higher by 22 points or so. This is after a mixed close in yesterdays trading session. The dow was off by a fraction but the s p and nasdaq managed to eek out a very modest gain. The weakest since 2013. The dow is down nearly 2011 points but as i mentioned we closed a little bit higher than that. Dont let the party go on too long so says San Francisco fed president jon williams of the easy policy which Central Banks are due to start reigning in.
Stories this morning. Deal news dominating this morning. Valeant ends the buyout deal for allergan. They made an unsolicited deal last spring. It looks like the soap opera could end, 210 is more than they expected. Hackman and valeant are going to share the profits that ackman has reportedly made with the stock at 40 . This is a winwin situation because of the way he structured this. But valeant shareholders effectively split the profits with ackman. With the purchase there. Thats pretty interesting. We will see what they can do. I think that 210 is sort of a knockout blow. But because the expectation was that valeant could only go to 200 or 205. Valeants ceo said they were going to be getting great tax benefits out of the deal. So the question is, what does ackman get out of this . Did you just say that the stock is at 213 . I could be wrong. There could be a higher bid potentially. Wow. There it is. Look at you. Always good to be right. Well, i dont know. Maybe theres more to be had
We are live on the salt conference in las vegas. I am Erik Schatzker. Stephanie i am Stephanie Ruhle. Day two and we had an extraordinary run already. We will be speaking with the one and only jim cahanos. Leon cooperman at 11 00 and john burbank at 11 30. You better sit down, strapping and dont go anywhere. Erik that is one heck of a lineup. Lets start with a bulletin. Stephanie Erik Schatzker in vegas, a whole other level. Erik top business stories of the morning. Alibaba has a new ceo, daniel zhang, they chief operating officer for the past two years. He helped turn the companys single date shopping day into the biggest revenue. He replaced jonathan who will remain as chairman. He spoke earlier to bloomberg about alibabas strategy. Daniel we manage our business by creating value for longterm customers. By creating values for the disappearance for the participants, so we believe that the investors will like us as long as we continue our belief and continue creating value for customer