Lower open the nasdaq looking as if it was opening. All getting upgrades merger monday, among them 5. 2 billion farm deal and talk about drama hbo go crashes during game of throwns and thea who may be pursuing regional programming. The biggest loser was the nasdaq. 2. 6 drop. Led by all of those names before the bell on friday, cr are amer warned you the selling was not over. That is a dichotomy that people at home need to worry about. The insiders need to have a price that they wont go. I was, i mean, you are pretty good. But that was really good. You saved people a lot of pain on friday. That was a nice lift. The list was false because there is a lot of funds that are on the wrong side of the trade. I think we should never invest in irony. It was something to have a caesar chicken wrap on my shoulder and a pizza on my other shoulder. What happened friday is the beginning of liquidation. It started earlier in the week. There are funds that are down a lot in selling. Check the headline
He says we could see a 20 move lower in stocks. His view that he wrote about on cnbc. Com has caught fire with readers. Now hell be here to make his cl case exclusively. Now cocacola defending itself on the program. David winters will be here this hour to respond to what coke is saying earlier this morning. This is a battle thats now escalating. You wont want to miss the latest chapter. Again, thats an exclusive interview coming up. All about compensation and governance. Of course, tomorrow all eyes will be on the employment report for the month of march. But what if we told you the key to americas jobs market rests with exconvicts . Do not scoff. Theres data that explains this and something that new fed chief janet yellen did this week has highlighted that very issue. We have a special report coming up today on closing bell. Heres where we stand in the marke markets. The dow off 23 points at 16,549. Take a look at the nasdaq, which is off by more than 1 . Its almost 50 points lower to
Spain exits deflation, the country also posts its strongest quarter growth in three years. The key inflation figure for the eurozone as a whole due in one hour. Plus, brace for impact. Were joined on the show by dr. Doom himself, mark farber who says equities are facing a crash this year that could be worse than what we saw in 2008. Youre watching worldwide exchange, bringing you Business News from around the globe. Hello, a warm welcome to the program. Mark farber is with us on set. Well be getting to him fairly shortly. First, alstom shares are soaring higher as they open for their first day of trade since monday. The firm says it is considering a 17 billion effort from General Electric for its power unit that includes 13. 5 billion in enterprise value and 3. 5 billion in cash. Alstom will make a decision by may. It all comes as rival siemens says it needs a month to prepare a bid for the country. Where does this leave us exactly . Stephan, where does this leave the french government
Already been made aware to investigators one of had been part of the trial and sandusky was convicted of assaulting him the other didnt remember his date of the assault and were afraid he wasnt good enough to stand up to the trial process. Did this do clatle damage 0 Collateral Damage to Kathleen Kane . She is in a difficult position, she has a lot of to deal with. To her credit she commissioned this investigation, the results of it were contrary the other own statements, but nevertheless she went forward with it. Who came out smelling like a rose was tom corbett. He was in the middle of it. He did the right thing he stayed quiet. Basically she had to fall on her own sword. I have to say Kathleen Kane came in a with a a lot of goodwill and energy, she did wonderful things closing the florida loophole and stopping the lottery sale she has been making misstep after misstep threatening her credibility not just for people in other base and it is leaving hardware vulnerable. The at it is le
Thousands are chanting for regime change. They say egypts new president is acting like a dictator. President Mohamed Morsi granted himself sweeping new powers yesterday, basically morsi now has absolute power for six months. His opponents say hes acting like a new pharaoh. The u. S. State department is calling for calm and encouraging all parties to work together. Morsi declared all his laws, all his decrees are final and cannot be overturned or appealed until egypts new constitution is put in place. Just days ago, people around the world were praising morsi for his pivotal role in negotiating the israel hamas ceasefire. Today, protesters set fire to a symbol of morsis power, the Muslim Brotherhood headquarters in alexandria, egypt. Morsi supporters clashed with protesters there. Morsi is defending his new powers, saying hes not taking sides and the steps he took are meant to achieve political and social stability. Reza sayah joins us live in cairo. Reza, is morsis government Strong En