Weekend. Greece wants the bailout talks to be done by early tomorrow at the latest. The key date to watch, folks, august 20th that is when greece has a repayment due to the ecb. And gloomy data on trait inflation. Investors show that beijing is about to roll out more stimulus. And watching oil. Prices falling for six straight weeks. Oil slightly low again. The latest lundberg survey shows gas prices down 11 cents over the past two weeks. That puts the National Average for a regular gallon of gasoline at 2. 71. Gas down 81 cents a gallon from last year. The dow and oil have gone in the exact same direction so thats why stock investors should care about oil. You know, its interesting because weve talked so much about how this is a huge tax cut for consumers. You just mentioned prices at the pumps down 11 cents at the pump over the last few weeks. You keep wondering when that payoff hits. We know what its done for highpaying jobs but its been less likely to show up in some of the weaker s
Join the fun run. And, boy, has it. Today, the dow scored a small gain, but it was enough for the industrial averages ninth Straight Record close and tenth consece overall gain. Not much left to add to that, so lets get to the numbers. The dow rose 25 points to 22,118. Nasdaq added 32. And the s p tacked on 4. It also closed at a record. While we sit at record levels, theres always concerns that the market is too pricey, but noted investor leon pros havent he doesnt thin gotten too far ahead of themselves. I think the market is fully value on fundamental basis. E eu. Optimism for sure. Look at all the strategists that make a forecast a year out, nobody has a down market which makes you scratch your head and worry. Cooperman also said his firms biggest position is in googles parent, alphabet. Alphabet falls into that category of big name highmomentum stocks. That group has been a major driver of the overall market, but they slowed just a bit in recent weeks. Theyre not alone. Other soca
To said this is something that really shook her up and shouldnt happen in this area. 11 not out here. Weve had suicide, weve had students freeze to death from drinking, but double shooting. No you dont see that here, not in decorah. Again, winnshiek co. Sheriff dan marx said this believed to be an isolated incident, with no threat to the public. The office has not arrested anyone in connection. In freeport, brea love, kcrgtv nine news. Right now Iowa City Police are looking for kum and go Convenience Stores early this morning. The first robbery happened at 3 21 am at 513 s. Riverside drive. Police say the second happened just 9 minutes later at 1310 s. Gilbert street. In the first incident, police say a man used a handgun to demand cash. Then on gilbert the suspects ran away in both cases, and no one was hurt. Police believe the robberies could be connected. Officials dont know how much the robbers stole in either case. Turning now to the forecast. Forget about fall. It feels like summ
In an 86 billion merger. Its one of the biggest of alltime. The deal would put together the nations secondlargest wireless carrier, a corporate descendent of the great ma bell with one of the most prominent Media Companies of them all. Time warner. Which traces its roots literally invented the news magazine and introduced the First Talking picture. We told you friday the deal was close and this weekend it became official. The combination creates a Massive Media and distribution company. The ceos predictably think its the next big thing. An irresistible force, combining content, innovation, speed and mobility. The world of distribution and content is converging, and we need to move fast, and if we want to do something truly unique, begin to cure rate content differently, begin to format content differently for these mobile environments, this is all about mobility. We realize that if we had ourselves together that we could create more innovations for consumers so they could have more cho
In an 86 billion merger. Its one of the biggest of alltime. The deal would put together the nations secondlargest wireless carrier, a corporate descendent of the great ma bell with one of the most prominent Media Companies of them all. Time warner. Which traces its roots literally invented the news magazine and introduced the First Talking picture. We told you friday the deal was close and this weekend it became official. The combination creates a Massive Media and distribution company. The ceos predictably think its the next big thing. An irresistible force, combining content, innovation, speed and mobility. The world of distribution and content is converging, and we need to move fast, and if we want to do something truly unique, begin to cure rate content differently, begin to format content differently for these mobile environments, this is all about mobility. We realize that if we had ourselves together that we could create more innovations for consumers so they could have more cho