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Lets look at shares of lumd ber liquidators, up 12. 5 today, up more than 4, picking themselves up. Stock up big after a bigger drop brought on by a 60 minutes report questioning tox itty in the adhesives in the countrys product. The founder completed a Conference Call a short time ago. Details coming up and, of course, we look forward to the appearance tomorrow with scott on halftime report. Absolutely. Straight to the trading action, and bob is on the floor of the New York Stock Exchange. Despite retail sales or maybe because of them because of the implications . A little bit, yes. This was a surprise on the open. Let me show you the s p 500 right now because the premarket trading did not indicate the kind of very strong open that we had, so all the sudden the s p 500 put up the intraday on the s p, literally, 15 minute the rally today happened. See that . Unusual there. Let me tell you why i think it happened today. We were all surprised by it. Number one, we did see, and i think th
New-yorkUnited-statesJapanAustraliaGermanyTexasIranBrazilFloridaBostonMassachusettsChinaFutures are up 10 , consumer stap ems flattening out. And two of chinas richest men lost billions in just a few hours. Well tell you who they are and how they did it. But we start with a very rough trip for mcdonalds. Protesters have hit the street outside of the companys Shareholder Meeting. Theyre protesting low wages. Kate rodgers has been monitoring that meeting. The protests and the stock, which as we mentioned is trading down by about 0. 8 of a percent today. Kate. Well today was ceo Steve Easterbrooks first Shareholder Meeting in oakbrook illinois where he acknowledged mcdonalds challenges and touted his turnarounds. The biggest takeaway was a clear win for shareholders. One of the measures passed was a proxy access by law. Those who have held 3 of mcdonalds stock for three years to propose director candidates on proxy materials. This was a shareholder proposal that mcdonalds did not want to pass but it passed with 61 of shares voted. This is a way to make the board more account
MontanaUnited-statesLouisianaBeaver-creekOhioSonomaCaliforniaMinnesotaChinaManhattanNew-yorkSan-diegoThe only people working today a lot of heroic firemen and fire women on the road and in the air. Its as close as this library has come to this kind of danger. This is serious stuff but they seem to be right on top of it. Chris fox news reporting starts right now. A wildfire alert. This is the scene in simi valley, california, where a wildfire is closing in on the reagan president ial library. The librarys executive director says the flames are wrapping around the building. Literally has been encircling the library, theres residential communities on both sides and its formed a half circle around the entire Reagan Library structure. They are fighting it as best they can. Chris we will speak to the director live in a few minutes to get the latest. We are waiting for him an update from fire officials, we will bring that to you when it happens. The fire broke out early this morning about 20 miles northwest of los angeles extreme winds reaching 50 Miles Per Hour causing it to spread quickly.
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