Same. Were pretty much at session highs. At the high today, the dow was up 90 points. So, again, we are at 85. Yesterday we saw some buy orders on the close, so well keep a close eye on it here, and on apple, tyler, in particular. Yeah, it could close at 100 or so for the First Time Since splitting 7 for 1, and that means apple would be back at 700 on a presplit basis. Say that five times fast. Well monitor how apple finishes during this final hour of trading. And could we see dow 18,000 this year . Professor Jeremy Siegel thinks so. Hes here exclusively, with no surprise, a pretty bullish market call for this year, and for perhaps beyond. Well get into the details with him and talk about valuation as well, coming up. And how about that new deal from sprint . Did you hear about it . 20 gigs a month of data for 100, but there is one catch, youve got to be a new customer. So, what about someone whos been with sprint for years . Why do they have to pay more . And this isnt unique to sprin
March of 2000. Contract expiration and warnings from one of the Worlds Biggest Oil companies. That would be shell. Mary barra taking on the stock folks, the activist investors. That was the reference. I have to put my specks on. So you can see. So i can see what i have to tell you. Linkedin executive potentially exposed to measles thousands to people commutes in and out of San Francisco last week. Linkedin ses quote, were working very closely with the San Francisco department of Public Health and following their recommended protocol for managing this situation. The health and wellbeing of our employees is our absolute top priority and we will take whatever steps are advised to ensure their safety and the safety of the general public. And its not just employees that are at risk. According to wired magazine the children of employees are at perhaps, even greater danger due to what wired calls a, quote, sickening low vaccinatexccination rate at Day Care Centers across silicon valley. Wired
Of cargo. A labor deal was reached late friday to end a month long dispute between Dock Workers Union and shippers. We think we have good news with greece. It seems like its sort of good. Who knows. Thomas perez was part of the talks. Hes going to join us at 8 30 eastern and drivers theyre paying more at the pump. Gas prices jumping 13 cents in the past two weeks. 26 cents in the last month. The average price now at 2. 33 among the reasons for the increase. The largest u. S. Refinery strike in 35 years and an explosion at an exxon plant in california. Corporate news valiant has a 5 tax rate i think. And still using that to leverage itself in buying u. S. Companies. Its buying castro drug maker salix for 158 a share and about 10. 1 billion. After valeant lost a take over fight for last year. Apple announcing plan to build two data centers in europe for about 2 billion. They will Power Services including the itunes storage application store. Imessage maps and siri for customers across eu
Eric is out all week. Ive got an allstar cast of guest anchors. How was your weekend . Guest it was good. I played with my iphone. Pretty uneventful. I didnt even make it out of my house very much. Stephanie you didnt go see cinderella . i did not see it, but my kids did. The top business stories of the morning, for the first time in 11 days, Vladimir Putin has been found. He has been seen in public. He met with his counterpart from cargo stand. It not been seen and public since march fifth. That led to speculation about his health, even his grip on power. He has no problems. He today said it would be boring without gossip. Valiant has won the battle. And no international has withdrawn its rival bid. They make drugs for stomach disorders. They are all trying to find new drugs. There is a new ceo at sothebys. Tad smith will take over at the end of the month. Ruprecht had been pressured to create more money. Oil resumes its slide this morning. It had a six year low after falling 10 last
A young lady at the Washington Post telling dads to maybe just hang on a second. In the meantime we begin with news on apple. The company experiencing a major server outage. Josh lipton has that story for us live from san jose. Josh, just how widespread is this . Mandy, if you are having trouble buying songs on the itunes store, then you are not alone. According to apples website, customers may be unable to make purchases from the app store, itunes store, i books store and mac app store. The problem the tech giant is experiencing major server outages. The cause at this time is not clear. What is clear is that apple is losing money. Remember, the itunes store generates a lot of cash for apple, and its last reported quarter apple says total reports of media and software from itunes clocked in at 2. 6 billion, and its not just United States. A customer in the u. K. Posted this picture of an oldfashioned credit card imprinter. We have reached out to apple, and were going to keep you posted