Did you know there are only really five stops powering that index now . Well tell you about that and more. First, lets check in with sarah. Welcome, sarah. Thank you. Its good to see you and be with you as always. We have to begin with that potential deal between walgreens and rite aid. The pharmacy chain stocks all moving right now. This is just talks. Advanced deal talks according to the wall street journal. Supposedly theyre in talks right now. It had a noticeable infect on rite aid. I want to point out here, put up rite aid intraday here. 6. 24. Rite aid at 6. 24 just about 40 minutes or so ago. And we immediately got halted. And you can see the jump up after the halt came off to 8. 51. Whats important is walgreens even moved up on this. Sometimes the alleged acquirer moves down. Thats not the case. You can see that moved up as well. And heres a surprise. Even cvs moved to the upside. You would think this would not be necessarily great news for the competition. Even cvs moved up on
Its a solid report, given the context. The context is something we have been talking about for weeks the weakening global economy. Its impressive we have been able to create this drop, plus, lets not forget 31,000 in public. The be employment hourly wage rose just 1 10 of a percent. Coming for j. P. Morgan chase. The Company Expects another 3000 jobs in its mortgage and credit edition to be cut. Wells fargo and bank of america have also been cutting jobs as the refinancing business is declining. Alibaba group is moving full steam ahead to invest in hollywood. The chinese ecommerce giant prefers to invest in specific films, rather than movie studios. Alibabal Bloomberg News wants to become a bigger player in content distributional by using customer shopping and viewing data to predict which films will become hits. Incarnation of the silk road, the black market internet site known for drug trafficking, has just been shut down by the fbi. The alleged mastermind is a 26yearold San Francisc
Today . S p, of course, over 2,000 for the first time yesterday on an intraday basis, unable to close there, however, but thats how the picture looks, dow up, s p up slightly as is the nasdaq, implied open as such. Road map begins today with the deal made official. Burger king buying hortons, and what will the governments here and in canada have to say . Best buy earnings beat, sales short as the ceo sells or says what else, blame amazon. History on wall street, the s p 2,000 and another alltime record close, futures kd indicating another higher open. The big talker this morning, burger king buying the coffee chain tim hortons in a cash and stock deal valued at 11 billion. The combined company will be based in canada, a move to draw scrutiny from u. S. Lawmakers opposed to tax inversion. Buffet committed 3 billion in prefer equity financing, but will not participate in the operation of the combined company. This is the talker this morning, jim, after yesterday, speculation a deal was c
But s p giving russia a lump of coal. The s p warnings theres a 50 chance it will downgrade moscow to junk. Its the gift that keeps on giving. Shares of nestle topping speculation that the u. S. Company striker will finally make a bid for the medical devicemaker in a couple of weeks. The white house welcomes sonys decision to release the interview saying it allows people to make their own choices about the film. Hi, everybody. Welcome. The 24th of disease. Can you believe it . It went by so fast. And here we are. It is christmas for a number of other countries in europe. So Merry Christmas. And if youre at home and not at your trading desk, this record continues to hit new record highs. The dow breaking 18,000. What a milestone. I know. And i think heading into this year, many were maybe anticipating it was going to be a good year, but not anticipating the volatility weve seen in the second half. We talk about this every year and every year at about this time, theres the factor and the
In the the shift that monetary based crime, the traditional activism to cause the victim pain, the service attacks for their data through a public data but add crypto where to that tool belt and you can now lock up your data, you cant even touch it anymore. It is kind of a scary proposition. It is almost time to turn it over to the audience so that they can ask questions, but questions, but before i do that i just want to give everybody a chance. We talked about a lot of things that we think may happen. What is the one most important thing that we can do to be prepared . All start with you. How to be prepared. Symposiums like this are some of the most important things we can do. If you have this conversation with your family my wife rolls rise up in her head. My motherinlaw thinks him an idiot. So we have to find ways to make these kinds of conversations easy to understand for the normal person who does not think car Internet Connections are interesting. So having these conversations i