The company that was forced to close all, all of its 600 u. S. Locations at the start of the pandemic lockdowns, now looking to wipe the slate clean. After five months of blockbuster delays, the Worlds Largest theater chain, amc theaters, is popping the popcorn once again. Coming up in his first and only Business Television interview, live from amcs leewood, kansas theater that just opened in the last few hours, Amc Entertainment ceo adam arron is here. To add to another show that must go on, live nation president joins us in a countdown exclusive on the creative ways live nation is now living up to its name despite a nearly left for dead concert scene. Microsoft getting a boost in this final hour after my report yesterday that sources close to bytedance say tiktok buyout talks with microsoft are in the seventh inning, but could support from the white house help oracle rally back in the bottom of the ninth or is it microsofts to lose . U. S. Undersecretary of state for economic growth,
About 12 today. Another market master, ams evaluation 2 trillion for the first time ever. Tech was leading now 59 minutes left of the session and were essentially flat apple not flat. 2 trillion Company Coming up in just a few minutes, we will speak with White House National Economic Council director larry kudlow about the stimulus stalemate in washington the rising tensions with china and a whole lot more. Later rolling out the red carpet, ceo of amc theaters will be joining us with his companys plan to brink customers back to the movies its not going to cost you very much. Lets focus in on the big stories were watching in this final hour of trade. Bob pisani tracking the fed minutes. Joining us to discuss retail moves from pro forma starting with Broader Market weakening a bit off fed minutes. This doesnt happen very often. Usually fed minutes is not a market mover it was as wilf rentsched we lost points in the s p 500, thats noticeable given the fed doesnt move the market in the min
Weekend for labor day. Road map, it starts with some optimism on the trade war front. Same thing we were saying yesterday. Stocks rising amid cooling rhetoric but here come tariffs. A new set, theyre going to be hitting chinese imports and will kick in this weekend. Keeping an eye corporate earnings, plenty this morning. Campbell soup, ulta, dow, workday. Shares rallying, this on news that 16 models will be exempt from the china import tax. All three major indices in the red for the month. And the nasdaq is the biggest decliner still down more than 2 , this might despite what has been a last rally the last few days well see how we end the month. It has been a round trip, actually, from last thursday to yesterday on the s p 500 you recouped all that was lost on that friday, a surprise escalation in trade war fears. Todays open at the s p level that were seeing right now, it would take you back three weeks. Basically august 8th, most of the losses of august, it is kind of partly, i think
As you mentioned, shares popped around 50 when compared to the socalled Reference Price of 26 a share. But no investigator actually made a quick oneday gain of 50 , as they might have in an initial public offering. In fact, the most any Public Market investor would have made buying and selling slacks shares yesterday is about a 9 return thats because the Reference Price is more of an arbitrary one set by the Financial Advisers in the nyse and a direct listing, so no shares were actually sold at that level. The shares opened at 378d 38. 5 rose as high as 42 and ended at 38. 62 to many, thats the beauty of the direct listing strategy versus the more traditional ipo. Theres no favoritism on the part of the underwriters and theres no money left on the table, because slack didnt raise capital in the first place. Overall, slacks debut was viewed largely as a success. And further evidence that the direct listing model works there were no crazy price swings Trading Volume was manageable, and t
Promotional products from four imprint. Com or imprint four certain hey you feel like some baby hesing for the mommy still catching feelings for your bills for you feelings for you. Hey you feel like something. Good morning america. Welcome back. A fiery plane crash outside los angeles leaves two people dead. The single engine aircraft went down near the runway at van nuys airport. Witnesses say the plane plunged nose first into the ground before bursting into flames. The cause is under investigation. In a hostage situation in ohio has ended with the death of two suspects. Police say two people a big rig with the driver still inside during what should have been a routine traffic stop. Instead, they say the suspects took off, eventually stopping near dayton airport. Thats where they exchanged gunfire with state troopers, both suspects were killed and the driver suffered minor injuries and an urgent search is underway for a georgia mother of four who has been missing. Now for more than t