Leads to the grounding of some carriers. Good morning, everyone. It is monday morning, and im on and m scpxt m and a on monday one against. Aheld and delhaize soaring over reports of a potential merger. Theres much more merit for a deal today than when it was last seriously considered in 2007. Other analysts say there was potential for up to 1 billion in euros and cost cuts. Lets get another analyst weighing in on the process prospect of this deal. That is Bruno Monteyne. Do you think theres more merit on this deal now than back in 2007 . I think theres very little merit on the deal today. They rarely do successful mergers together and in this dace of ahold and delhaize its a worst of combinations. They are not even in the same neighborhoods. The none of this will apply. People are back to the theoretical consulting style even though we save a half a billion here and there, whenever they get together the one thing they start to do is stop thinking about the consumers. Thats a tough are
Between kraft and heinz, not even that could stem the bleeding. More on that in a moment. Up 93 points to 17,718. Nasdaq suffered its biggest percentage drop in 11 months falling more than 2 or 118 points to 4,876. And the s p 500 dropped 30. Investors were concerned about Economic Growth after a surprise decline in durable goods. Orders for longlasting products like appliances and computers fell almost 1. 5 in february and thats the third decline in four months. While a key measure of Business Investment fell for the sixth straight month. The results prompted several economists to lower their forecast for First Quarter Economic Growth. Now to that blockbuster deal sue just mentioned involving two giants in the American Food industry. Kraft and heinz both makers of products that are likely sitting on your kitchen shelves like jello Maxwell House and of course, heinz kechtchup, revenue of 8 billion and sales of a billion each a year. It would rank as the fifth Largest Food Company in th
Between kraft and heinz, not even that could stem the bleeding. More on that in a moment. Up 93 points to 17,718. Nasdaq suffered its biggest percentage drop in 11 months falling more than 2 or 118 points to 4,876. And the s p 500 dropped 30. Investors were concerned about Economic Growth after a surprise decline in durable goods. Orders for longlasting products like appliances and computers fell almost 1. 5 in february and thats the third decline in four months. While a key measure of Business Investment fell for the sixth straight month. The results prompted several economists to lower their forecast for First Quarter Economic Growth. Now to that blockbuster deal sue just mentioned involving two giants in the American Food industry. Kraft and heinz both makers of products that are likely sitting on your kitchen shelves like jello Maxwell House and of course, heinz kechtchup, revenue of 8 billion and sales of a billion each a year. It would rank as the fifth Largest Food Company in th
From our studios in new york city, this is charlie rose. The day after i became secretary of defense in december 2006, i flew to iraq and visited our troops there. I was struck i was struck by the fact that all of them were the very same age as the students i had left behind. Except these 18 to 25yearolds were wearing full body armor, carrying assault rifles, and living in peril, putting their lives on the line to protect all of us, all of you. Robert gates is here. He served as secretary of defense for two president s, george w. Bush and barack obama. He spent 26 years at the cia and the National City council. This week, he made International Headlines with the lease of his new book. Duty am a. Memoirs of a secretary at war it gives a behind the scenes look at the white house and the pentagon under both president s. Some say it is one of the most candid accounts of washington ever written. I am pleased to have bob gates back at this table. So please explain your neck to me. [laughter]
Here is a look at the nasdaq. Both of which did not do as well as they had hoped. That was something that hit Goldman Sachs. You have Michael Court that over at citigroup. It was not as strong as they would have liked. Ashley nicole, thank you so much. Lori bernanke giving to be what is expected to be his last appearance. Hate, lori. It was a little bit of a History Lesson from chairman bernanke. Some of the measures, as you know have continued to draw criticism on capitol hill. Listen, i know that there are folks out there that are critical of the fed. Hopefully some of this pressure will abate. As we tell our story, more information comes out about why we did what we did. They understand what we did was necessary. It was a main street set of actions aimed at helping. I am hoping that these political concerns will wait. He also acknowledged up for him personally the most credible risk of trying to unwind all of this and wind down qe and starting the tapering and shrinking the feds for