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Oil, not military. Right. Which is a good thing, for sure. The debate over executive pay takes a new turn today. Maybe youve heard this. Coke reportedly backing away from that controversial plan after comments made by Warren Buffett on this program recently indicating that he was not a fan of that proposal, even though he abstained and didnt vote against it. But would buffett have ever spoken out if not for activist investor David Winters . He was the first to sound the alarm bells about cokes lucrative pay plan for top executives. Dare we call an activist investor a hero . Warren buffett does a lot of homework but not on this company. It was David Winters who brought it up. Thats when buffett went and looked at the proxy and decided he didnt like what he saw. Exactly. Well talk about that a little bit later. Also, he is w ....
Time. You are back to school today. I am. Call it backtoschool time. Summers over, but does that mean the rally is as well . A tepid start to stocks kicking off the month of september. The s ps lower by two. The Major Industrial average down 40 and the nasdaq higher by 10 points. It didnt seem so long ago that the cruise industry was on the ropes with one mishap after another. Remember all those pr problems they had a couple years ago . Yeah, the smelly problem, the, mmhmm. Today it gets a big vote of confidence with news that norwegian cruise lines is buying oceana and regent seven seas, combined into a group called prestige. Its a 3 billionplus deal. And we will speak exclusively with norwegians ceo, Kevin Sheehan, in a first on cnbc interview coming up here later on the program. 400 for an apple watch . Recode is reporting that might be a highend price point for the longa ....
I know. Were expecting big ideas out of aspen from you folks today and, i mean, if nothing else, the view is spectacular as we always know this time of year. Yes, i am Bill Griffeth here at cnbc headquarters, where we are watching a final hour of trade not only for this day, for the, month for the quarter, for the first half of this year on wall street, and kelly, as we know, the markets have continued to move higher. This will be the fifth consecutive month where the dow and the s p have moved higher. And by the way, eighth consecutive quarter for russell 2000. I believe thats unprecedenunpr. Well follow these markets here. Well hear shortly from the president as well. Lets tally up the gains this year, take a look at our lineup of heavy hitters as well including David Rubenstein, former treasury secretary Larry Summers ....