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Are close to sealing a merger agreement, telling employees a final pact is coming within weeks. And shares in the lse group trade higher as shareholders prepare to vote on the 27 billion takeover well, a very good morning and welcome to street signs. One of our top stories today, alibaba has closed almost 7 higher after its hong kong debut, the Largest Global listing so far this year the ecommerce giant listed at a price of 176 hong kong dollars to raise 11. 2 billion in fresh capital. And as part of the ipo, the Chinese Company issued 500 million new ordinary shares. Emily tan is joining us live from hong kong emily, the largest ipo of 2019, quite a stellar postmarket performance with the stock up almost 7 in trading how has the reception been overall . Reporter you know what, juwana, the newcomer to the market today was the most heavily traded in hong kong with 1. 8 billio ....
Good Tuesday Morning welcome to squawk alley im Carl Quintanilla with morgan brennan. The market is down about 100 points starting with the apple special event set to kick off from the steve jobs theater in cupertino in just under two hours. Josh lipton is there live and joins us with what analysts and investors and reviewers are expecting. Hey, josh. Reporter so, carl, apples biggest day of the year just about to kick off here right behind me at the steve jobs theater. As you mentioned, analysts think they have a good beat on what is coming theyre looking for three new iphones. Faster processor and improved camera and maybe stronger waterproofing and shatter resistance big question for investors is pricing. What is tim cook going to charge for the new model. Ive talked to some analysts who think he will keep pricing basically constant no big change from the kusht lineup w ....
Look at new financial options. See alphabet make bigticket acquisitions. How much is running on moon shots. Is extending human life even possible . First let me tell you about alphabet. Alphabetcompany is all that we once thought of as google it separated into units. There is fiber, the cable internet provider, calico the bio firm trying to cheat death. Andures the Investment Firm alphabet, home of the moon shots. The core moneymaking business still lives as google. Some are calling it classic google. And it is include search and ads and youtube. By pichai. Eing led chai launched chrome who took over android operations and recently almost all of consumer android products. Joining me to discuss how we can accomplish big things is brad stone, and ben leg. What is possible . What can they do now that they could not do before . Arguably nothing. Ever since larry was appointed ceo of couple of years ago, he has shown a little bit face ....
Face of these key events with european stocks hugging the flat line one hour into the trading session while oil recovers from a 5 drop stateside. President trump told james comey, i need loyalty, according to the former fbi directors prereleased statement to congress. Comey, who will testify on capitol hill today said the president urged the fbi to make a public announcement saying it was not investigating him personally and pushed him to drop the investigation into former nsa chief Michael Flynn. Nbcs Pete Williams has more details from the sevenpage testimony. James comey gives a dramatic account, often in vivid detail of five oneonone conversations with donald trump. The first with president elect trump in new york on january 6th, a briefing on the investigation of russias meddling and salacious claims that mr. Trump was involved with prostitutes four years earlier the in mo ....