It is and thats because it has his back up against the wall. A tremendous amount of scrutiny not just from its Investor Base that mens wearhouse has taken this aga to the delaware courts where it had it has accused joseph a bank of measures that are inappropriate and defending itself against hostile bids by mens wearhouse. Accusingrhouse is joseph a Bank Management team and board of putting up high barriers to a deal such as a poisoned pill, such as creating a deal with eddie power to make it too big for mens warehouse to take over. All of those things mens wearhouse says is evidence that bqank is breaching its fiduciary it is by not coming to the table. Joseph a bank is forced to come to the table at this point and reconsider talks. How much more could joseph a one stock we are watching bank really debt out of mens today is google. Wearhouse . The company has rolled out my sources say that joseph a google fiber. This is the highspeed Digital Service network in solo select u. S. Cities
Slowdown on, weaker demand at home takes its toll as the abe government predicts a rebound. And europes Energy Supplies warn of an impending crisis forcing cutting of costs. Display youre watching Worldwide Exchange, bringing you Business News from around the globe. Italian gdp, Third Quarter, minus 1. Minus 0. 1 quarter on quarter, which is what we were expecting. Forecast minus 0. 1 , as well. And were getting the latest from the euro dollar. Just tracking 1. 3454. 1. 3295 was the twomonth low that we hit last week post the jobs. We havent hit that again, but we were down on the 1. 33 level towards the beginning of the week. We have the latest ia numbers out, as well. The ia is warning of up side price pressure. Supply up 600,000 barrels a day in october. More on the ia, more on growth, as well. Besides italy, france is sticking to its full year forecast despite reaction. The quarter on quarter data missed analyst expectations. It came in at minus 0. 1 . Although the finance minister
Intensifying. New data showing that the economy slowed at a pace than originally anticipated. Nasdaq starting off at a a closing high, and 14year high. And the guidance says it is experiencing severe disruption from the winter, and gap suggest suggests gaap suggests it will fall more than expected. And on mad mad money last night, cramer talked about raising investments. And we will hear from apples tim cook. And in the first full year results are lower after discovering fraud in the subsidiary in mexico, and they go into detail, jim. This is not a minor story, and i know that when you look at the big revenues of citi you say, so what, but this is a major client with a checkered history and it is a 360 million and they say, 230 million, but 360 million pretax the. Okay. And you think it is important because you look at 360 million pretax fraud resulting in a 235 million aftertax writedown and it gets complex. It is complex. But related to transactions between penmax and vanimax who is
Get yellens confirmation as Federal Reserve chairman. Senator rand paul. We will tell you about this coming that. Will get updated on the market, 29 point gain, and the Stock Exchange, to you first, darren this in the on track for another winning week. Falling earnings from microsoft and amazon. Com. They are setting the tone, for the most part have been great albeit with pretty dismal expectation, beating the guidance looks good, the economy only has one way to go if you listen to the pessimists, thank god for carl icahn for keeping us entertained in these lowvolume moments. Cheryl talking about the 150 million share buyback, and wearing about yourself to something good for others, twitter war went down yesterday. What do you think apple should do . 147 billion of cash on the sidelines or on the balance sheet. Do you think they should boost your share price of little bit . In all fairness, i a personal position in apple. And this is what they do, but the fact is if theyre not going to
As the president and Vice President take up the first lady on her call to get moving. And here comes oscar. Preparations under way in hollywood with the 86th Academy Awards just two days away. The race to the top prize is open today, february 28th, 2014. Announcer from nbc news, this is today. With matt lauer and savannah guthrie, live from studio 1a in rockefeller plaza. And good morning, everyone. Welcome to today on a friday morning. Friday here. Carsons in for matt this morning. I hope that all those stars in hollywood are waterproof. Take a look at the dolby theatre right now where the oscars will be. Its all wrapped up in plastic. And if youre in charge of the oscars, youre thinking, weve had no rain in the state of california, and sure enough on the big night, is it going to rain . Yeah, it will rain, but the big question is will it get out of here in time for the oscars . Theres a good chance it may not. By the way, the rough weather out west is todays top story. The rain is, o