Lower by 51 points. S p by 5, nasdaq giving up 14. Weighing on the dow, of course, is disney. Overnight in asia, the nikkei is managing to turn a little higher at the moment. The shanghai composite a little in the green. European equities, this one interesting to watch. A couple crosscurrents to watch. German dax down 1 . Frances cac, down almost 1 . And taking a look at crude, too. We got inventory numbers yesterday. After noon, well get more information this morning. Wti, that looks down its almost 1 . Hovering a little bit over the 44 a barrel mark. Brent for its part giving up about 0. 5 . Right around 45. A little higher as well, natural gas. Clerks our top stories, shares of dow component disney under pressure. Earnings falling short among the espn subscriptions fell and ad revenue dropped. Ceo bob iger discovering cordcutting answer the future of viewership on the conference call. Were also in discussions with a number of entities, some current distributors that are coming forwa
Its rolling out its own outlettype concept, expanding jewelry and beauty offerings and more, but results from those initiatives arent expected until later this year. The big question remains, is it enough. For nightly business report, im courtney reagan. Another hit to the Retail Sector came last night when a federal judge killed the planned merger between staples and office depot because of antitrust concerns. The judge sided with the federal trade commission which had argued that deal would lead to higher prize. Shares of both Companies Got slammed, office depot losing 40 . This isnt just the first deal blocked recently. Eamon, i guess thats the question, why have so many deals been scuttled and why are regulators being more aggressive . That is an interesting question. Judge emmitt sullivans decision this week means that the Office Depot Staples merger goes on a long list here of other mergers. Take a look at the list that have been blocked by the u. S. Government the past few years
Its rolling out its own outlettype concept, expanding jewelry and beauty offerings and more, but results from those initiatives arent expected until later this year. The big question remains, is it enough. For nightly business report, im courtney reagan. Another hit to the Retail Sector came last night when a federal judge killed the planned merger between staples and office depot because of antitrust concerns. The judge sided with the federal trade commission which had argued that deal would lead to higher prize. Shares of both Companies Got slammed, office depot losing 40 . This isnt just the first deal blocked recently. Eamon, i guess thats the question, why have so many deals been scuttled and why are regulators being more aggressive . That is an interesting question. Judge emmitt sullivans decision this week means that the Office Depot Staples merger goes on a long list here of other mergers. Take a look at the list that have been blocked by the u. S. Government the past few years
Its rolling out its own outlettype concept, expanding jewelry and beauty offerings and more, but results from those initiatives arent expected until later this year. The big question remains, is it enough. For nightly business report, im courtney reagan. Another hit to the Retail Sector came last night when a federal judge killed the planned merger between staples and office depot because of antitrust concerns. The judge sided with the federal trade commission which had argued that deal would lead to higher prize. Shares of both Companies Got slammed, office depot losing 40 . This isnt just the first deal blocked recently. Eamon, i guess thats the question, why have so many deals been scuttled and why are regulators being more aggressive . That is an interesting question. Judge emmitt sullivans decision this week means that the Office Depot Staples merger goes on a long list here of other mergers. Take a look at the list that have been blocked by the u. S. Government the past few years
Congratulations. Glad to have you back. Good to be back, indeed. Congratulations to the Denver Broncos this morning, Peyton Manning and team beating the Carolina Panthers 2410 to win super bowl 50. Denvers odefense was outstanding. The rose, what everybody cares about the lady gaga, singing the national anthem. That was incredible. All of those, halftime. Peyton manning giving an endorsement. The highlights that everybody is fussing about in just a bit. First, lets get to markets, the business side of the morning. Its the year of the monkey, many markets in asia are closed today to celebrate including hong kong, mainland china, singapore, taiwan and south korea. Theres still big market news out of china, reporting a 100 point drop to the lowest in four years. The market is fuelling charter about the yuan speculation. Were pointing out that, however, this is slightly less than expected. So in absolute terms, fouryear lows but not as bad as what we saw in december in terms of the monthly