Are here in person with us. Its israel in rockville, maryland. And to those of you numbering at least 500 who were with on zoom, youve joined us from all over the country. Our normal lectures have about 30 states represented, several canadian provinces and people scattered the rest of the world. I also want to welcome the cspan cameras covering a haberman for the first time. For those of you who are new to haberman, a few things about us. For the past 40 years, weve sponsored programs chosen to provide adults with encounters with jewish thought history and culture before covid changed everything. Our programs were inperson and our parties events all from the washington, d. C. Metropolitan area. Today our reach is much broader through zoom. You can learn more about it on the are looking at website. Easy to remember haberman institute dot org. This is our last program for 2022 but we have three major lectures scheduled already for january of next. One by dr. Jeremy englund, georgia tech.
Youve joined us from all over the country. Our normal lectures have about 30 states represented, several canadian provinces and people scattered the rest of the world. I also want to welcome the cspan cameras covering a haberman for the first time. For those of you who are new to haberman, a few things about us. For the past 40 years, weve sponsored programs chosen to provide adults with encounters with jewish thought history and culture before covid changed everything. Our programs were inperson and our parties events all from the washington, d. C. Metropolitan area. Today our reach is much broader through zoom. You can learn more about it on the are looking at website. Easy to remember haberman institute dot org. This is our last program for 2022 but we have three major lectures scheduled already for january of next. One by dr. Jeremy englund, georgia tech. One by Georgetown Professor Audrey Soltis and one by dr. Arias supported network of Bengurion University of the negev. You can l
From other spending that you would be doing another other retailers. As for the broader markets, Oil Continues to be the big driver. Wti crude rallying more than 4 yesterday. That was its best onesession gain since august 2012. But prices are still down about 36 from the high set earlier this year in late june. Take a look at oil prices this morning, youll see right now, down by about 1. 25 for wti. Thats a decline 0686 cents for 68. 14. Andrew, over to you. Thank you, becky. Lets take a look at some stocks to watch this morning. Stocks already on the move, japans asuka pharmaceuticals, buying pharma for 17 a share in cash for about 3. 5 billion. The price tag is roughly 13 premium to yesterdays closing price. Also, cypress Semi Conductor is buying flash memory productmaker expansion in an allstock deal worth about 1. 6 billion. The combined company will keep the cypress name. Each shareholder will get of that entity about 50 of the new company. A mixed quarter for rvmaker Ford Industr
Crude continues to fall. Some americans can watch for 2. 50 a gallon gas. Can halliburton defend its oil business . Retail sales better than expected. Nordstrom earnings beat. A number of downgrades to contend with this morning. A Richard Bransonbacked ipo at the nasdaq, Virgin America. Well have the first trade and interview with the ceo coming up. Oil the big story, below 74. Baker hughes confirming it is in preliminary merger talks with halliburton. The journal story said motivations behind the talks were unclear. I think we know what these boards are thinking. Justice department is very good when it comes to business to consumer. Theyll block a telco deal. Justice department has been tone deaf when it comes to the oil patch. They allowed Enterprise Partners to become a gigantic, basically own the natural gas liquids market. This would be farce if they let this deal through. The way you get halliburton to give you good prices to pit it against baker hughes. If at t were to merge wit
Upside. When you talk to traders on wall street a continue to think that the rally is in place. The dow, s p, and nasdaq gaining 45 . These last four weeks. We are obviously looking good. You are seeing some of the names on the move here. For example, the fear indexes to the upside. Names like alcoa, cisco, caterpillar, hewlettpackard are helping the dow along trying to keep the names that are helping. The weighing on the dow would be some of the stocks such as american express, merck, and exxon mobile. Adam we will check in again with you and roughly 15 minutes. Thank you very much. Lori congress of for the weekend, its not likely in the fiscal cliff facetoface negotiating will happen. The fiscal cliff deal, will we see the economy grow or if there is no deal will we fall into a recession . That is the 604,000 question. Joined now by steve forbes with his thoughts on which is more likely. Wonderful to see you. Harming the patient. Start there. Its going to make things worse. Europe is