Teslas model 3 orders topped 10 billion in the first 36 hours. And that data leak of more than 11 million documents making its way around the globe. Why the Panama Papers have more than a few World Leaders under the microscope. Futures inching higher. Oil prices hitting some onemonth lows. Investors are waiting comments from fed president kashkari, and robert cap lylin. Talking about q1 earnings, whether the bar has been lowered enough where they have a nice p e going. Theres so many downgrades today, its daunting. These stocks have moved too much ahead of earnings. I think its true if the dollar starts getting strong again. Right now we see a lot of xraens where the numbers are too low. Im not buying into its over. I will buy into the idea that the fed governors will send the market down and buy. We heard from janet yellen. They said nothing will happen yet. That was the most sal yent thing that could probably occur. She said if the company is doing good, buy them. So companies that y
Started to see the pharmaceutical sector taking the edge off of markets. The dow average was a little higher, the s p was down. Day, this had a good on the back of what is happening with this dollar. Sessionless, a negative delivered yesterday. One of the stocks that stood out, let me show you the chart an arands had terrible afterhours session. Really the fact that we had a revenue mess. Yumchina recovery story for not quite as tasty. In terms of today, we are looking forward to the u. S. Session. This is the percentage miss price. This is where we think the terminal expects the u. S. Market to open. It looks like negative sentiment. We will not get a bounce back. U. S. Futures showing at a flat open. No bounceback after yesterdays selloff. Bank of japan is front and center they are keeping a record stimulus unchanged of its growing speculations the signs of a recession will press it to act towards the end of the month. The media focus turns to the press conference of the governor lat
Watch the tenyear, near 2. 3 now. Fedex does miss expectations, cuts guidance. Shares are down sharply in the premarket. Well have a cnbc exclusive with hewlettpackards meg whitman. And the stage is set for what could end in the merger of the worlds two biggest beermakers. First up, so much going on one day after that rally on wall street. The fed kicking off that twoday meeting today with a decision on rates due tomorrow. Possibly the first rate hike in about nine years. One barometer of the economy, fedex missing with Quarterly Earnings and cutting its full year guidance. Sabmiller receiving a takeover approach from Anheuser Busch inbev. You have been busy. This is not something we have been unaware of. Many of us have been chasing it so a certain extent. Well get into more detail later, that Anheuser Busch, they did not want this to leak out the way it did. The time clock has started under uk takeover law. They have 28 days to make an offer. There is financing, the family which owns
Christ. First we have new developments in the destructive valley fire. Good afternoon, im michelle griego. Im brian hackney. This just in. The remains of a fourth person found until the burn area of valley fire fire. Lake county sheriffs every sheriffs found the body of a missing cobb man. Its 66yearold Robert Taylor fletcher. He was reported missing on september 16. The fire claimed the lives of three other people. 72yearold Barbara Mcwilliams was burned to death in her home. 69yearold leonard neft and 65 yearold bruce burns couldnt escape the flames. Right now the fire is 80 contained. It burned 76,000 acres and destroyed 1900 structures. Uber is planning to move to a history oakland building. As kpix 5s cate caugiran discovered, not everyone is happy about the move. Reporter oakland is getting a tech upgrade with new resident uber. Exciting to have a Big Tech Company come to oakland to revitalize the city. The good part is that it will bring more jobs to this place. Reporter the Rid
And knows all the volunteers and staff. St. Maria meals programs served hundreds of meals every wednesday. This week they are setting a special table on thursday for a visit from pope francis [ indiscernible ] reporter Cardinal Wuerl believes it will inspiring real solutions. It begins with changes of hearts. Reporter those served here hope he comes back for more. Come around here more often maybe we get more help. Reporter its the final official stop for francis in the nations capital. And it has all the ingredients to be the most satisfying. Craig boswell, cbs news, washington. Officials at the Catholic Charities believe the pope will call attention to the needs of the poor, living in the shadow of the capital. They Hope Congress will be inspired to approve more money for programs reaching out to those in need. Thanks to a disaster declaration signed by president obama, help is on the way for victims of the valley fire. It frees up federal money that can now be used to aid in recover