Yields and concern that the turmoil of the Republican Party could lead to a democratic landslide which would mean no more grid lock in washington. Well dig deeper into all of these issues coming up. And then earnings. The seasons kicked off and alcoa shares are sinking. Is it a bad sign of what is to come . The shares are down 11 . Bio tech is getting hit hard. Illumeina, we will look at other bio tech busts that investors should be wary of. Samsung ending production of the galaxy note 7 smart phone after replacement phones caught fire. John ford is following the latest. Josh lipton with the look at the opportunity this creates for apple. And Courtney Reagan has reaction. Very busy today. We are joined by mark, kenny palcari is standing by and Rick Santelli will be checking in from chicago shortly. I guess he is still mourning last nights cubby loss. Be itemized the litany. Are we doing news now . This litany of why the market is down today. Are you buying all of that, oil, rise in yie
In the u. S. They were expecting 300,000. So 370 was 20 more. But last year in the same quarter they added 900,000 or 800,000. So wall street journal is making certain points. And then to almost double the bottom line when youre at hundred times earnings thats good but is it still pennies. What was the actual number . Pennies per share. Still pennies per share. Im sort of surprised the international, do they have the content around the world that people will pay for. They havent spent a huge amount of money yet on True International programming in the new languages and what it means is actually that american programming or u. S. Programming with ghienglish is working. They have a benny hill type show ready to go or monti python. Do they know the cultural . What youre finding is narco is working in a lot of places. Its working here and in south america and parts of europe. Its working. What does a billion dollars more spent on content mean in the number of shows and how many, how much n
Good morning, it is 10 00 a. M. At at t headquarters in dallas, 11 00 a. M. On wall street, and squawk alley is live. Welcome to squawk alley for a monday morning, john ford and myself along with ceo terry and Senior Editor peter cofta. Good morning to you both. Our top story fairly obvious, at t buying time warner for 85. 4 million. A deal uniquely different than anything theyve done before. Regulators already raising red flags, possibly putting an end to the deal before it begins. The senate and Consumer Rights is looking to schedule its first hearing on the merger next month, and its not just washington, the competition also warning against the deal with one disney spokesperson saying, a transaction of this magnitude obviously warrants close scrutiny. Time warner ceo says the focus is vertical and mobile. We were talking about whats happening in media, all these new products like subscription v. O. D. Networks, all the increase in mobile consumption of video, and as we got into it a
Amerisource is down. Where do we begin . Trexon okay. As far as esrx that john was talking about here on the show yesterday, i bought put spreads in there. Didnt think it would pay off is this fast. That stock along with mchessen just getting clocked. Express scripps, cvs getting hit hard. I think any of the folks that have that massive exposure in pbm, thats where the pain is. Anything drug price related getting taken outside. Well, i mean, you know, you have this week, of course, obama care and the fact that its going to be going up by at least 25 if theyre telling us 25 next year, you can bet, jim, its going to be 40 or 50 . A lot of these guys are rice in the crosshairs. Exactly what john was talking about yesterday. Instead of transparency, there are a couple in this space that do have transparency, but a bunch of them, rather than transparency, to us the consumers, are instead just gouging the heck out of the Insurance Companies where. What do you do with the stock . What do you
Spearheading a new way of reenergizing the brand. If you thought starbucks was high end at 4 a cup, this is higher end. I need detail. So coffee will be more expensive, right . Will it be better . Maybe youre paying for the experience of it. There is a lot to do in starbucks already. The music, used to be cds. Apple messed that up. But you got i didnt gwifi and. All day for if you have a man bun, you get a discounts, right . Dont you . Have you tried that yourself . One of these days. A fake man bun . One of these days on october 13s, ill have a man bullpen. But first its jobs friday. Forecasters expect an increase of 180,000. Bullpen. But first its jobs friday. Forecasters expect an increase of 180,000. Unemployment rate expected to remain steady. Down about 14 or so on the dow, down about 4 on the s p 500. And then the nasdaq down 24. In asia overnight, i did see japan after a big gain pulling back, but not giving back all those gains. Down half a percent. European equities were weak