Highs of the session dramatically for the three major averages. Theative is negative nasdaq is negative and the dow is about the same. What i see is in the white, we have seen oil go a leg lawyer and stocks are going along with it a leg lower and stocks are going along with it. We had seen oil rising on concerns over supply constraints in nigeria as well as in the u. S. Since then, it has fallen off and it looks like that is what is causing stocks to go lower. Imap, energy the is in one of the top spots paring its gains. Health care and technology are languishing today but yesterday we had the big pullback in retail stocks. Its a mixed trade and retail. Kohls first earningspershare missed their forecast with possible sales down 3. 9 . They say consumers are not lying apparel and it says it has a good issues from a marketing perspective and the shares are down 8 which is a fiveyear low. Ralph lauren is seeing fruit of the turnaround efforts. The ceo has reorganize the company. Revenue f
And hammond ed hammond joining us. This is like the final, final done. It was already done already with the sec approved it. This is something we have thought this was going to happen. Says therehe market is zero chance that this thing blows up. Carol we were just on Bloomberg Radio talking about the deal and fired environment. This year you see a lot of pushback of major deals. Not a surprise that this deal ultimately got its way through . Ed obviously comcast try to do the deal earlier. That did get blocked. They were confident they would be able to get this one done partly because it is not one in three, it is two and three going together. Was quite early in the future this would go through. Carol what are the other needs for players in this injury industry. Is a kind of done . Endga ofnk this is the the cable industryme. End game for the cable industry. There are some companies with big m a in the u. S. Carol lets wipe it out for a moment. In terms of broader m a, what are you hear
A worrisome case of misconduct is on the high court’s doorstep, creating the potential for a rollback of the power that district attorneys have long enjoyed.