Fiveday losing streak yesterday. A lot more fed speak on the way today. Europe got some strong confidence numbers in both the u. K. And in italy, although that italian 10year ticking up yet again this morning. Our road map begins with jcpenney. A potential payout to top execs coming in much bigger than expected. 80 million should a sale to a buyout group be completed. And nike share higher premarket after its Quarterly Results outpace expectations. And on this day in 1993, david faber first clicked on his mick cr microphone on cnbc and the rest is history. I wondered if that was coming. Did you know it was coming . I thought maybe because they sent me a little pin. Did you know that was what happened at ten 20. Oh, 20 thats a fifth of a century. Thanks for reminding me. Jcpenney is offering 84 million shares at 9. 65 apiece. Of course this offering itself someone unexpected given what been a believe that it did not need to raise equity or need to raise any liquidity. Ceo mike ullman co
Church in oakland goes up in flames. The fire broke out this afternoon. Smoke and flaming pouring out of the church. Firefighters attacking the fire from both sides and on the roof. We are live in oakland with the latest on this fire. Reporter one firefighter is experiencing dizziness, but we are told he will be okay. Fire crews are still on the scene making sure the hot spots are out. Calls started coming in around 2 30 this afternoon. The Zion First Church had been here for almost 100 years. Fire crews were concerned the fire would spread. They worked quickly to contain the fire. A lot of people were home at saw the flames. They went to pull the gate off because the gate secures the building. The flames were so intense they went up the pole and hit the transforme transformers. Its been on this corner for 97 years. This church has been a Community Outreach for the oakland community. This is an Open Door Church where they can come in at any time. Reporter a lot of people are telling me
Whos just finishing up trading and will join us shortly. Guys, welcome. Paul, lets kick off with you. Were looking at the start negative start, down about 46 points in the dow. How worried are you . Im not worried. I mean, listen, the markets had a great run. Last week, a great run since june 24th. Even if you went down 1 , 2 , 3 , i think its just a tiny little dip. Its barely a rounding error. And the markets, to me, are clearly headed higher in the short term. Doug, you buying into this weakness, as well . Yeah, i think we are buying into this weakness. We also are finding that the u. S. Has had a really great run, and, you know, the whole point of making your most money when reality and expectations are in disalignment, thats not the case right now in the u. S. Things are good and people recognize that. I think the real opportunities are is overseas where expectations are very low and those countries are maybe where the u. S. Was a couple of years ago. Were looking at second half t
/PRNewswire/ OneCause, a leading provider of digital fundraising technology, today announced its 2024 Indy Tech Gives campaign will officially kick off on.
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