Welcome to power lunch. Im tyler matheson. Mandy has the day off. The biggest names in business are on the network all day with all kinds of actionable ideas for investors like you. Ackman just in the last hour. David einhorn and the list is very long. We wont go through it all right here. One of the investors making Pioneer Resources fall like a stone. See why and see what other stocks these folks are moving. Big change at cisco. John chambers leaving as many expected this summer. We will introduce you to the new ceo and tell you what you need to know. That stock cisco is up about 27 1 2 over the past year. Can the new person in charge take it to the next level. Mannedy is off today, but kayla is with us and we will get downtown in a minute. We start with a slew of investing titans as i mentioned on cnbc. Warren buffett with our becky quick following Berkshire Hathaways meeting in omaha, nebraska. Wide ranging from the stocks he is buying to market valuations overall and becky is with
We start with the never ending brexit saga borisjohnson is expected to head to brussels in the next few days, in a last ditch effort to break the deadlock over a brexit trade deal. Talks between the uk and the European Union have again failed to produce a breakthrough. Ajoint Statement Issued by the Prime Minister, borisjohnson, and the European Commission president , ursula von der leyen, after a lengthy phone call says we agreed that the conditions for finalising an agreement are not there due to the remaining significant differences on three Critical Issues level Playing Field, governance and fisheries. We asked our chief negotiators and their teams to prepare an overview of the remaining differences to be discussed in a physical meeting in brussels in the coming days. So lets go live to brussels now and discuss this with guntram wolff, director of bruegel, an economic think tank. Welcome to the programme. So, whats your take on these talks that seem to be a stalemate . Look, if the