Over why apple wont fix her broken ipad. Its a rich story, folks. Apple fighting back, but dont worry, we have the perfect person to fix your pad for your. Sue, meanwhile is at the nyse. How are you . Hi, ty. Im good. As you mentioned two brands in trouble, jc penney stock hitting Single Digits on concerns that retailer doesnt have enough cash to fund its operations into the Holiday Shopping season. It expects to raise 932 million in a stock sale. For blackberry it lost a billion dollars in its latest quarter paying out millions to executives. We have Courtney Reagan on the jc penney and seema mody on blackberry. Court, you go first on jc penneys attempts to turn things around or try to. Thats right. Good evening to you, sue. The retailer announcing it expects to end the year with liquidity in excess of 1. 3 billion, 200 million less than it expected at its Second Quarter earnings announcement. Jc penneys cash burn has been concern for a while. Its transformation isnt cheap. Its been a
Terror at a new jersey mall. Shots fired at the Garden State Plaza, nobody hurt. The individual that was responsible for the act is dead. He took his own life. S. W. A. T. Units found him in a remote section of the mall. He paused for a second and just looked inside the store. I just froze. Breaking news out of denver. Police have taken two suspects into custody following a standoff at a middle school. Election day is finally here. Virginia has a most watched gubernatorial race. Chris christie expected to win a second term as governor of new jersey. A fire at montreals airport has sent five people to the hospital. The blaze broke out on a luggage treadmill. We are going to give our full and complete cooperation to the nfl. Richie incognito allegedly harassed Jonathan Martin through voice mails and texts and threats to kill him. How could these guys not know . Its a shame nobody stand up for that guy. A Million Dollars in jewelry. I was thinking im going to die. Five friends stole this
Seconds. Ski mask, all black clothing. Theres plenty of team inside right now. Get this place secured on the outside. Terror at a new jersey mall. Shots fired at the Garden State Plaza. Nobody was hurt. The individual that was responsible for the act is dead. He took his own life. S. W. A. T. Units found him in a remote section of the mall. He paused for a second and looked inside the store. I just froze. Breaking news out of denver, police, have taken two suspects into custody after a standoff at a middle school. Election day is finally here. Chris christie scheduled to win a second term. A fire at the airport sent five people to a hospital. The blaze broke out on a luggage treadmill. Youre going to give our full and complete cooperation with the nfl. Allegedly harassed. How can these guys not know. Its a shame nobody stands up for that kid. The robber demanding 5 million in jewelry. I thought i was going to die. Five friends stole this la llama all that touchdown. Rodgers and the bea
Scott wapner has been all over this one, and hell join us in a minute. Terrible flooding out in the middle west. This is a ferrari. What a terrible waste, ladies and gentlemen. A ferrari is a terrible thing to waste. Unfortunately, though, the damage goes far beyond that car, and that is just ahead. The rains have been coming down there. Meantime, to sue at the nyse. Thank you very much, ty. Well, ty showed you the dow. This week has been a rough week for the bulls. Right now the dow is down 89 parents, but it was down better than 150 at one point in the trading session, and weve had a significant percentage loss on the dow. Right now the s p and the nasdaq both fighting against the bulls in todays trading session. The s p is down about a quarter of a percent and the nasdaq is down just a fraction. Looks like its trying to tick positive. The russell 2000 is positive. Its in the green by about 1 5 of a percent and in terms of Interest Rates weve seen a big drop in the tenyear yield, 2.
As for the tenyear note yield, a couple of days now after yellens testimony. Shes coming back soon, too, though, right . Tenyear note has moved up of late, 2. 743 . Lets take a look at europe. See how we performed there. As you can see, weakness there perhaps following probably some weakness here in the United States. And that is where we start with the deal that will create the Largest Cable Company by far in the u. S. Comcast the parent of Nbc Universal agreeing to acquiring Time Warner Cable for 45 billion in an allstock transaction. The deal values time warner at roughly 159 a share, before we open trading this morning. Of course. Comcast shares may be down ever so slightly. We will city. Of course, that would impact the value of the deal. The deal trumps Charter Communications recent offer which was 132. 50 a share in cash and stock and had been firmly rejected by Time Warner Cable. Charter earlier this week, of course, nominating 13 people to be on the board of directors as it be