Stocks. Bigger, not always better. The ceo tells cnbc hes not interested in chasing scale. When youre living in a changing world, the species that survives is not the biggest. They are the fastest and i believe our role as havas as a global company, we need to lead the way of the change of how we can be more nimble. Welcome to the show and happy friday to you. Its oil catching the attention of investors. Crude oil just turned into negative territory after yesterdays 10 leap. That was the biggest oneday rally since march of 2009. This thanks to a bounce back in Global Equities and a strong u. S. Growth print. In the u. S. The Energy Sector had the best day since november 2011 gaining over 5 . Leading the way was Console Energy up almost 14 . Transocean higher by 11. 5 . The sector close to getting out of correction territory. The major Energy Stocks across the europe getting a boost in todays trade. Tullow oil up over 7 . Bp also trading in positive territory. Now another gainer in toda
Results are in, the ratings slide continues, sunday night football dipping again, in week three after a tumultuous weekend for the nfl players being booed as they protested the National Anthem. Welcome to risk reward im cheryl casone. Nfl sunday nitratings down 11 from the comparable night one year ago following a 15 yearoveryear dip in the second week 12 dip yearoveryear for Opening Weekend there are those numbers they dont lie all this after President Trump warned if nfl fans refuse to go to games until players stop disrespecting our flag and country youll see change take place fast fire or suspend them. Now to put things into perspective for all of you all of the major sports tv ratings are down acrosstheboard okay . The recent j. D. Power poll taken before the season was started said that 26 of viewers cited the protest last year as the biggest reason that they stopped watching for the last season, and that could mean a big loss in business. Wall street estimates show if cbs espn,
Math and sue herera are off tonight, so its just you and me. The dow snapped its sixday win stream as shares of General Electric weighed on Investor Sentiment and saw their biggest decline in six year. Well have more on that story in a moment, but first the closing numbers. The dow did hit an intraday high today, but finally fell 54 points to 23,273. The nasdaq was down by 42 points, the s p fell by ten. The prospects of tax reform has long been a big driver for this stock market, but one tax proposal that got a lot of buzz over the weekend was changing popular 401 k retirement plans. Thats likely is not going to happen. The president tweeted th be no e its always been a great and popular middleclass break that works, and it stays. There had been reports that republicans in con weighing a proposal that the significantly reduce the amount of income as a way to offset lost revenue with tax reform. All that talk about reat the same time just highlighted one major problem right now. Most a
In its life as a Public Company at least and the biggest u. S. Grocer m a deal ever. And for the purposes of our hour, which normally focus on tech, a nice intersection between an old, Old School Business and a new one. Its amazing. Just from a headline perspective and news that affects people, i cant remember a deal this big i mean, maybe aoltime warner, but you cant eat time warner. Its really a way of bringing things together unlike so many people who are this deal is amazing, i see a number of challenges, potential problems with this deal not necessarily getting consummated, but actually making it work. The logistics operation that you need to run a whole foods is way different from one that you need to distribute using ecommerce if i want cheerios and gatorade, whole foods doesnt sell that so how do you blend the whole foods operation for say produce with the stuff that most people eat yeah, i mean, how do you do all that and be successful while still running whole foods in a way
Debut week following its ipo, but if history is any indication, you might want to sell. First, we start with the wrath of amazon, prime day kicking off in four hours. The kpaeccompany has been takino prisoners especially in retail spice as it continues to dominate Retail Stocks feeling the heat, sinking 2 today, hitting their lowest levels in three weeks amazon announced its own version of the geek squad, costco falling after a downgrade from bmo, says sales arent enough to combat the Amazon Effect walmart under pressure and the Department Stores like macys, well, theyre Department Stores like macys. You look at costco, look at best buy, if you are a value investor, guy adami, do you nibble on any of the names that got smacked around and banged up today . In absolutely great having you the one name out of all the names is costco. They have the ability to raise membership prices 90 retention rate if id go anywhere, it would be costco macys will be interesting karen can speak to that, at