You see right there. And as for the tenyear note yield, which has been below 2 barely, but there it is still maintaining those levels. Lets get to our road map this morning. Begins with dow chemical which is splitting off and selling one of its units. Jim is speaking to chairman and ceo Andrew Liveris in a first on cnbc interview. Very excited. Yes. Yahoo approves 2 billion Share Buyback program. Well you details on that. And guess how much googles new cfo, ruth porats, making in her first seven months on the job . Its a big number. Well give you details exactly how much in a minute. Lets get to the Broader Market here. The government reporting Fourth Quarter gdp expanded at a 2. 2 pace unchanged from last months estimate. Corporate profits fell in the period while Consumer Spending up 4. 4 . Date coming as Oil Prices Lower and stocks look to avoid a fifth consecutive day of losses jim. As we come to the end of the quarter, of course weve got, what, two more trading days next week the
Nations to say theyll join beijing despite u. S. Warnings. Good morning youre watching Worldwide Exchange. The Business Confident rising to 103. 7 versus consensus 99. 8 and better than expected. This is a rise in all fronts. The march overall Business Confidence index rising to 103. Consumer confidence that index has risen to 110. Back in line with expectations and this is versus february of 107 rises in the month of february. Lets have a look how the euro dollar is trading this morning. A little bit much pressure as a result of the uncertainty around the greek story. Euro dollar changing hands at 108. 30. Were down by a half of 1 . The story has been the strengthening of the euro over the past couple of days. Its come off the highs. It did reach 110 last week it was a twoweek high against the dollar. Take a step back and look at the euro it lost about 20 some analysts say. A big boost for export growth here. Absolutely. A lot of question marks. And our guest later on in the show davi
Allowing the sale of fake goods. Tim cook urged graduating seniors at George Washington university to fight injustice. The sidelines are not where you want to live your life here be world needs you in the arena. Russian president Vladimir Putin showed off his ice hockey skills. He played in a match as part of celebrations marking the 70th anniversary of world war ii. He notched an impressive eight goals. [cheering] erik now for some other news making headlines. A number of deals. Another big takeover in pharmaceuticals. And a pharmaceutical Endo International will by par pharmaceutical. Here is another deal in the retail industry. Ascena retail will buy and taylor for about 2. 1 billion dollars. That is a 21 premium to fridays closing price. Just barnes is one of its brands. Stephanie a favorite. The Islamic State now took over a city about 60 miles from baghdad, ramadi. They overran Security Forces and raised the black flag in triumph. Thousands fled the city and there have been repor
Today a pair of deals. Endo buying parr pharmaceutical and for just over 2 billion. And potentially a third in the making i can confirm that they have resumed talks around a possible deal. Well have more timely to help, tim cook tells graduates not to live lives on the sidelines while apple acquires a gps startup. The dow and s p just shy of new alltime intraday highs. The dow, as we said about 16 points away from record territory. People wonder if this is the breakout of the wedge weve been watching for so long jim. Its certainly possible. We saw things last week that were really kind of very positive for the market. One, Interest Rates were good. We need them higher because the financials roared last week. The other thing that roared were the health care stocks. We still dont have the transports. I know that i was doing some work on the oil lines on the train lines for oil, with rbn, which is my energy source. There theyre going to be challenged. So we need the rails, but the health
Just now. I cant wait for this. The next mayor of philadelphia should get everyone who first moves here, a handbook on how to pronounce, pre announce. Pronounce. The the weirdest name. Like champlost. Champlost. Conestoga. Schuylkill. It is just too much when you move here, it is overwhelming. How about there is all kind of have road we cap talk about out there. There is towns neighborhoods. Sue, you know how it is, when you look at that map and say what. What it looks like isnt necessarily what we say it. The hardest thing for me to get down when i said that was tredyffrin. That is a tough one. Juniata. Passyunk. Moyamensing. Do you say passyunk or passyunk. How about chalfont. You just said it. How but you say cheltenham. Cheltenham. Anyway, i went with a seven. I might go back to the six. It the is wet out there this morning and are foggy but i dont think balance of the the day will be quite as stormy as what we had yesterday. Having said that we have storms in the the forecast for