Steady, moderate losses in europe this morning. And Consumer Spending rises to the fastest in three months. Road map begins with ge confirming the deal to combine oil and gas business with baker hughes to create a new entity. Well speak with the ceos in an exclusive interview. Weve got a deal in the telecommunications industry. Centurylink to buy level3, totals a new record month for u. S. M a announcements. And the latest controversy over Hillary Clintons emails as the polls tighten just eight days ahead of the election. Well get you all the market impact. First up in that deal to create what both Companies Call a new baker hughes, ge will contribute 7. 4 billion to fund a 17. 50 per share special dividend for baker hughes shareholders. Ge will own about 62. 5 of the combined company. As we said, next hour an exclusive with jeff immelt, chairman and ceo of ge, and the ceo of germanwin oil and gas, i craighead. You said it would be the ultimate buy high, sell low. Thats not the case he
By 4 dollars and oil edged up 73 cents. Jobs economist predict 195thousand jobs were added to payrolls last month. And the Unemployment Rate will tick down to 6. 6 . Mozillas ceo resigns under pressure. It was revealed he donated 1,000 dollars to gay marriage ban in california in 2008. Chris gersch is our trader du jour on this jobs friday. Happy friday to you chris. Happy friday. Good morning angie. So here we are waiting for the jobs numbers for the month of march. Whats your anticipation . It can go either way. A lot of traders are speculating 250 thousand jobs added that could be more of a hawkish scenario for the fed. If that does happen i think youre going to see a initial rally and maybe a bit of a pullback going into the afternoon. What did you make of the comments yesterday from ecb president mario draghi . He was talking stimulus and it seemed as though the stock market had a case of the jitters on his comments. Mr. Draghi did cause the jitters. You hit it right on the head a
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