The Digital Investors are scrutinizing snaps projections. According to the filing, the maker of snapchat is offering 200 million shares for 14 to 16 million each. At the top end, cap would have an evaluating they could each take him a check of as much as 256 million. We spoke to the ceo and editor at large cory johnson. What becomes of this, i do not know. It is a high evaluation. On the positive side, they have big growth numbers. We all know the story of how high they are reaching and how valuable they are to advertisers. This is an extraordinarily high price for any company of any kind with any kind of growth metric. For one that has negative growth margins, for one where growth is slowing so much where there is a Big Questions raised. This roadshow is going to be an interesting one. There will be excitement around the deal. Theyre very strange things in the filing, not the least of which is an unsteady growth rate. Yearirst quarter of last had only 14 growth sequentially. They turn
Down five points, ending the about 32 points. But the yen remains strong and it hasnt really changed. And the two and tenyear yeerldz their yields are holding their lows. Today was pretty impressive how close we came. Story was dollar down, literally Everything Else well,m fixed income to, not quite u. S. Stocks. Almost. Thats the story today. Youve got to remember, the dollar down generally kind of would be good for a market that is struggling from earnings that these head winds et cetera. But nevertheless, we missed out on the 21 level. Day that we didnt last very long above 21. The other thing i think is here is, looking at some reversals, in the stock had small caps, which have been outperforming. Now underperforming. Financials that had been doing pretty well the past couple of weeks, now doing very today. Pretty bad stuff. They were caught offguard. A lot of people there that didnt really see this coming. Interest. I think that definitely hurt a lot of people. Financials had been
Experts weigh in breaking weigh in breaking news this morning said they appears to go to mass spraying a site to site this morning in an effort to control the spread of the disease and other cases reported this morning in miami. At night, the latest Insurance Company backing. Changes need to be made. What it means for hospitals in the u. S. Time warner set to the hoard its quarter ahead of the open this morning. The media giant to a decline in their hands in revenue a year earlier. Seen some pressure with futures indicate a loss of 30 points on the Dow Jones Industrial on the Dow Jones Industrial on the Dow Jones Industrial average. Stocks down seven out of the last eight days. Seven days in a row. The longest losing streak in nearly a year for stock prices. Your first look at arthritis government report. The adp report due out today. And europe, next miss. Folks earnings coming in. The ft 117 points. The dax up a fraction. A look at performance in asia and the nikkei average in japan
Hesston say the gunman firstmani carjacked someone, then as somnn they started a shooting spreeote leaving behind as many as fives crime scenes. Crsc his ultimate target the place t where he worked, a company that makes lawnmower parts. Er now, inside that building heuild slot a total of 15 people killing three of. They a responding officer shotes and killed the suspect who waspo armed with an assault style rifle. Your husband doing becausean you were able to talk to him. D. Yeah, i was able to talk toak him. He said hes okay. S o he did say somebody next to him got shot. Oh, my god. G oh, my god. G this morning 10 of the t injured remain in critical condition. Sparks fly at the gop debate the final one before super tuesday. Insuper tuesday. A brawl from the start asl from marco rubio and ted cruz went c after donald trump. Mp but it was rubio who had thead most heated exchanges with wh trump. Here are the two candidates onn immigration an if he builds the wall the t way he builds trum
A bus burst into flames after a crash in los angeles. Comments yesterday from janet yellen lifting stocks around the world, it will take caution when raising Interest Rates. In asia overnight china led the gains but a stronger yen weighed on the market in japan. We are seeing weakness there but futures indicate hire open for averages. Look at this rally up 1. 5 to 2 across the board in the euro zone. Stocks off of the highest close of the year looking ahead to open hire, futures indicate gain after Janet Yellens speech yesterday. All that coming up in the program. Dagan mcdowell, jpmorgan Asset Management with us. Good to see you, everybody, thanks for being here. We have a cant miss lineup. Ted cruz supporter Carly Fiorina with us this morning and intelligence vice chairman ray kelly joining us and president ial candidate and Ohio Governor John Kasich Join us for those interviews. We begin with the campaign trail, Public Policy poll shows donald trump is the clear front runner in the