Weaker looking at europe this morning, the early trading taking place, at least at this hour things are flat there the dax is slightly higher, the cac and ftse are slightly lower. Spain up by a tenth of a percentage point crude oil prices were up yesterday to a twoweek high, up at 51. 87 this morning those gains continue with wti for november delivery up by 21 cents to 52. 08. Wow dow component United Health is reporting. Stock has been on a tear for years, right in fact, the stock getting close to a new high, 1 186 billion market cap, almost 1 187 billion market cap reporting 266 a share. Thats tencents above expectation. For the year, they see 2017 adjusted net at 10. Medical loss rates, they call it Something Different now. They call it medical care ratio, 81. 4 thats like the inverse of profit margin. Revenue, 50. 32 billion you cant necessarily compare apples to apples, i like the earnings per share or the earnings increase. 26 . 26 earnings increase. That is what do you do with t
Overnight in asia, the markets in china, hong kong and taiwan all closed for dragon boat festival. And early trading in europe, also red arrows. The dax is the biggest decliner. Down 1. 25 the cac and ftsi boat down 1 . Wti down but still well above 50. And george soros front page this morning. A bearish soros is lured back to trading again. Getting back into the game. Soros recently directed a series of big bearish investments, semiing stocks and buying gold in shares of gold miners. And in an article he warns the falloff from ununwinding of chinese investments likely will have global implications. Soros is worried that continued inflation in china will hurt the u. S. And others. And he say s telling the jou if britain leaves it could unleash a general exodus and the disintegration of the European Union will become practically unavoidable. Soross best known trades of course he bet against the pound in 1992 in a trade that led to 1 billion in profits. We know what the markets done. Som
Equipment supplier disappoints with weak Second Quarter earnings. The market also waiting for nokia numbers with the hand setmaker expected to confirm that losses have narrowed. And its decision day for dell as shareholders are set to vote on the companys buyout offer. Carl icahn who is leading the bid against the deal got the last word right here on cnbc. Ive never seen one as bad as this. I really mean it. Ive never seen anything where they actually go out and they scare their own shareholders. And another big name investor causes quite a stir on cnbcs delivering alpha conference. Nelson peltz calls for a shakeup in the Food Industry urging pepsico to merge with mondalese. Good morning, welcome to todays show. Plenty of news out there today. Let me bring you up to speed with some news crossing. Ecb is not all purpose weapon for all problems. So suggesting that perhaps the firepower of the ecb cant solve all the ails of the eurozone. There is plenty on the corporate front today. Let m
Midland Wealth Advisors LLC purchased a new position in shares of The Walt Disney Company (NYSE:DIS – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 11,924 shares of the entertainment giant’s stock, valued at approximately $1,077,000. A number of other institutional investors and […]
Fort Sheridan Advisors LLC decreased its position in shares of The Walt Disney Company (NYSE:DIS – Free Report) by 21.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,701 shares of the entertainment giant’s stock after selling 4,348 shares during the period. Fort […]