Here are the top stories were watching ahead of the opening bell. Informatics is now the biggest leveraged buyout of the year. From europe and the canadian pension plan Plan Investment board are buying the company for 5. 3 billion dollars. This has been a target of activist management elliott managed activist target for elliott management. Drillers idled oil rigs for the 17th straightway 17th street we. Rand paul running for president 2016. He officially kicked off the campaign in louisville. Another story we have been watching this afternoon, the lights are coming back in defeat. They briefly lost power earlier today. Going to managing news editor in d. C. What happened yet so who is still without power. All of the main government holding, the Justice Department and white house who all locked power intermittently them to be back. The little hope our Company Local Power Company telling us there was a big hit lotion and that since programs riffling through the whole. Got a little bit ne
Including duke mba tim cook. He was snapping many pictures with fans. All right. I didnt stay up. I didnt either. Did you. No i was gone before this. Were you . Really. I didnt want to try to watch it because i didnt want to turn it off. The schedule this is not your normal schedule. To be here with us you. I sacrificed the National Championship game to be here with you joe. You had nothing left in your pool. Your brackets. It meant zero. Exactly. I think i could win the bracket out right before i could spell it. Who did you have winning . Next year. I was just as bad. Im embarrassed. I read too many articles. Its not like you the bearcats or anything like that. I wish i had. I wish i would have taken the musketeers just for the heck of it. Instead of blowing my chance on villanova. Thats who i picked too. Why . Because i didnt want to pick kentucky because everybody picked kentucky. It was 49 chance they would win which they didnt but 80 of the people picked them. Do you know who had
U. S. But europe playing catch up to yesterdays rally. The gains over there, about 1 . Pmis looked pretty good too. Oil settling back after rising 9 of the past 11 days. Tip years around 1. 91. The first rate hike shouldnt come until the second half of next year. The deal in delivery space. Fedex buying tnt express for 4. 8 billion. Thats a deal that u. P. S. Failed at just two years ago. We do have the ceo of fedex coming up in a couple of minutes. Speaking of deals, also the largest lbo of the year informatica taken private, 5. 3 billion. Samsung sees profits plunging 30 but still better than what the street was expecting, as apple ramps up the release of the apple watch coming in the next few weeks. First up fedex make ago move to boost its presence in europe. The company agreeing to acquire dutch Package Delivery firm tnt express for 4. 8. The deal comes two years after u. P. S. attempt was blocked by european regulators. Well talk with fedex chairman and ceo fred smith this hour.
To talk about the industry how it performed based on those are actions. Good afternoon ted where the Controllers Office as todd told we were asked to assist with this strategy update by focusing on an analyzed of how the citys economic and supervisor farrell you said the recent years the performance is strong across the board we over took a different time period 2004 to 2010 the reason we picked those points they were economic low points in the Business Cycle one of the reasons our economic economy is strong we have about in the recovery so if you compare where we were 5 years ago some of the growth because of the Business Cycle and maybe in a different Economic Cycle and difficult to separate those we want to see how the growth to the same period this is one of the long Term Economic development and this give us the long term prospective over quite a long period to look at data an Economic Performance in San Francisco in the late 60s to 2009 San Franciscos employment didnt change in f
Competitive we want to make sure the recipe have pathways to job mobility and job investment being able to have a job as the mayor likes to say one of the key things to the have and have nots and to make sure that people under bloid or wish they made more money to have greater Job Opportunities as well we need to streamline the business permitting process this committee has been incredibly supportive of the business protocol we are doing that now continuing the streamline that for our Small Businesses as ted mention the rising reillys costs in addition to the lack of space in the city we need to continue to retain the businesses to work and grow in San Francisco with our pdr methods and the transportation businesses our targeting around the Nonprofit Sector and our effort to support sort the Small Businesses through the Small Business commission we need to accommodate new jobs and businesses particularly over the long term in the central selma and waterfront we need to insure were supp