Do bells. I got wiener fatigue. It is too easy. Lets talk wall street. It has been we had earnings and the market softballs. I cant do it. Softballs, great. It is another busy day in earnings central today. Among the names that are set to post Quarterly Results before the bell, we have boeing, caterpillar, eli lilly, ford, glaxosmithkline and pepsi. And tonight hearing from facebook. If thats not enough for you, among our squawk newsmakers, well be joined by the cfo of pepsi, Hugh Johnston. And eli lillys chairman and ceo Doug Oberhelman and wick mooreman. We have a big morning ahead. And we have Hugh Johnston on today. And a big lineup. Yes, we do. And and after a nearly decade long Insider Trading, federal authorities are close to leveling a criminal indictment against sac capital. Prosecutors and the fbi in manhattan are expected to announce the charges as early as this week. No word on whether the hedge fund might try to settle at the last moment. But reports say that is unlikely.
Rising scrutiny and slower growth. June fdi rises 20 , its fastest clip in more than two years. And the u. S. Energy regulator finds barclays and its traders 453 million for allegedly manipulating Energy Prices in california. Investors shrug it off as analysts call the amount not material. Hello and thank you for joining us. Let me tell you whats coming up on todays show. Glaxosmithkline says it knew nothing of the alleged bribery of medical staff in china. But are other companies equally as blind to the practice . We discuss the scandal at 10 20 cet. Were talking of bribery, spanish Prime Minister Mariano Rajoy faces ongoing questions from his own party on allegations he received Cash Payments from his former party treasurer. Well go to madrid for the latest on whether he can ride out the storm. How did mark carney vote on qe . Well find out today at 10 30 cet as bank of england minutes are released. This will be key for gilts and the sterling trade. A revenue slide for yahoo but Inte
Equipment supplier disappoints with weak Second Quarter earnings. The market also waiting for nokia numbers with the hand setmaker expected to confirm that losses have narrowed. And its decision day for dell as shareholders are set to vote on the companys buyout offer. Carl icahn who is leading the bid against the deal got the last word right here on cnbc. Ive never seen one as bad as this. I really mean it. Ive never seen anything where they actually go out and they scare their own shareholders. And another big name investor causes quite a stir on cnbcs delivering alpha conference. Nelson peltz calls for a shakeup in the Food Industry urging pepsico to merge with mondalese. Good morning, welcome to todays show. Plenty of news out there today. Let me bring you up to speed with some news crossing. Ecb is not all purpose weapon for all problems. So suggesting that perhaps the firepower of the ecb cant solve all the ails of the eurozone. There is plenty on the corporate front today. Let m
Others, but at this stage, david, what do we know . Well, the votes are crazy and as i tweeted even crazier than usual is what people are telling me, carl. So i think that im loathe to conclude one thing or another in terms of who has changed their vote. We have seen reports out there, and yes, i had the information a while ago, but things can change back. In is not the typical go to the polling booth and vote. You can, if you are black rock say you are voting against and pull the vote and then say you are voting for and they can keep the polls open by the way for as long as they want if they get the special committee, if they get the outcome they are looking for, then they can close them, and that outcome being the vote in favor. Now, my sense from having spoken to people around the situation today, this morning and of course for the last nine months is that they are still trailing, and that would be the dell camp, in terms of getting enough yes votes for the approval, and remember, i
This market is heading and what regular investors should be focusing on with the legendary jack bogle from vanguard. Another legend, advertising icon Jerry Della Femina joining us. An interesting take on apples announcement on the iphones. Did the company botch it up . Plus he actively campaigned against Eliot Spitzer who narrowly lost the new York City Comptroller pot yesterdspot yes putin on the hits. House Speaker John Boehner calss it, quote, insulting. Nothing compared to what donald trump has to say. Heres here to respond to that. Where we stand as we approach the final hour for the markets. Dow jones industrial average off of the lows. Thats not saying much with a gain of a quarter point. Flat on day. 15,326 as we approach this final hour. Nasdaq, negative once again on top of yesterdays losses due to apple. Index down a fraction again today. 3724. The Standard Poors 500 in the red with a decline on the session of about 2. 75 points. Three days of big gains this week until today