Unicorns. Will draft kings and fan duel survive the scrutiny . First, to our lead. Dell in talks to buy the Enterprise Storage system company, emc. According to people familiar with the talks a deal may be , completed as soon as next week. But it would be pricey, complicated. Dell is speaking to banks about raising 40 billion to finance the purchase. It would involve taking emc private, and taking over emc is emcs controlling stake in vm ware. Why do it . A deal would unite two companies coping with slumping demand. Our special guest host has a long history of experience and opinions in Silicon Valley. Now founder and ceo of social of the french capital firm, social capital. Great to have you on the show. You made a lot of noise about diversity in d. C. First, i want to talk about dell and emc. As i said expensive, complicated. What is your reaction to this . I think it is a necessary step. I think the thing that emc is struggling with is two things. One is you have a fertilization bus
President obama and chinas xi jinping reach a deal on climate change. Lets update you on the banks charges as we just head to the top of the headlines the uk levied fines against ubs, jp morgan chase, citigroup, rbs, hsbc and barclays. As you can see, the stocks in general off, but only off slightly. Barclays is not included in the fines as it was working with the fda on an fx settlement. Sources told cnbc it pulled out after issues with the u. S. Regulators. Thats why the u. S. Regulators are holding a press conference at any moment. Joining us now, marc ostwald. Heel ya is also joining us in studio to give us more on what just happened. Also, i would love to get to know your biggest take away on the fines that have been charged. The consult temperature still has major, major hurdles and i think everyone would degree. Weve been the chairman of ubs talking about the culture still hasnt repaired problems still within the Investment Bank and lots of action needs to be taken. Remember, we
And two german giants report earnings. We will report the numbers as they come. Welcome to countdown, i am mark barton. Also coming up, almost a Million Dollar tribute to the late marvin gaye. And the late lawsuit. Net income falling 17 . Seems to be below estimates. Analysts expecting a drop. Earnings before taxes, down 1. 9 . 905 Million Dollars. Analysts were estimating 94 mine dollars. What is important is the projections for 2015. The company has confirmed the forecast for 2016. They will pay a final dividend of 85 euros. Those are the headlines. Stay with us. Later this hour, i will check with the chief executive. The strongest euro in a dozen years. Concerns about corporate earnings. Ftse 100 fell 2. 5 , pulled it down by commodities stocks. The swiss market was not hit as hard. It was buoyed by the news at Credit Suisse. Lets focus on Credit Suisse . A bank in transition. The new man at the top will be the announcement of his replacement had an immediate and positive effect on
Jedediah i did. I have to say, pete, you are not a true britney fan. You have to be able to detect the britney voice right away. I give will a pass because i didnt expect him to know that this is not knowing pete thats a little different. Will doesnt even know what you are talking about. Will im highly disappointed in you is all i have to say this morning. Pete dave off camera thinks every sings Christmas Music its a big revenue stream. Will everett actual can become a tradition. Going down to the corner and buying your tree and carrying it home with your boys, which is odd to carry a tree down the street to manhattan, but thats become one of our family traditions. Here is the question for you at home. When do you put up your christmas try . Do you use a real tree or fake tree . Send us photos of your patriotic decorations. You messed up on year brittany s and i messed up on decorations. Pete friends foxnews. Com are you a retree or fake tree . So you can save it. Jedediah smaller tree
Incredible run for the market this year and also his take on this. A new highly polished bitcoin magazine. There it is. Being sent to homes across the nation. Remember, mr. Schwab invented marketing to Retail Investors. Well want to hear his reaction to this one. We certainly will. Huge news out of General Motors, tapping mary berra as new ceo. When will a major wall street bank do the same . Well take a look into that. Right now heres whats happening in the markets as we head into the final hour of the day. The dow losing some ground here, trying to hang onto that 16,000 mark but down about 26 points. The s p is giving up four. The nasdaq is down by three points as of now. 4,065 is the level there. Joining us in our Closing Bell Exchange is amy wu, jerry from platinum partners, mike santoli, and drew from hightower, and rick santelli. As we mentioned, drew nordlick to you first, whats going to take police between now and the end of the year . Scott, we expect to see a santa claus rall