Fiveday losing streak yesterday. A lot more fed speak on the way today. Europe got some strong confidence numbers in both the u. K. And in italy, although that italian 10year ticking up yet again this morning. Our road map begins with jcpenney. A potential payout to top execs coming in much bigger than expected. 80 million should a sale to a buyout group be completed. And nike share higher premarket after its Quarterly Results outpace expectations. And on this day in 1993, david faber first clicked on his mick cr microphone on cnbc and the rest is history. I wondered if that was coming. Did you know it was coming . I thought maybe because they sent me a little pin. Did you know that was what happened at ten 20. Oh, 20 thats a fifth of a century. Thanks for reminding me. Jcpenney is offering 84 million shares at 9. 65 apiece. Of course this offering itself someone unexpected given what been a believe that it did not need to raise equity or need to raise any liquidity. Ceo mike ullman co
Happening, and then also the scheduling, they said everybody who was here to try it who could have corrected that was gone, except hiroshi [speaker not understood]. There were people from the neighborhood, all of whom had to leave. So, you got a picture that is so far from the truth, you know. I mean, i would think you must resent some time just having people come in to pull the wool over your eyes. There is this happy involvement with the community, there is an agreement with fuff. Ive never heard of these people. Who are these three people who say they have an agreement . They said they didnt have a contract, but didnt it imply there was some kind of process going on and some kind of agreement . The Community Room that was mentioned to you, oh, happy thing, well, i did go to the preop meeting and everybody who was there agreed that what was proposed as a Community Room was useless to everybody and nobody wanted it including the [speaker not understood] people. All right. Straightenin
Thrilling pairs early gains. Allibabaalibabas day has ar. Coming up on cnbc today, we speak exclusively to ceo jack ma. Has sap got its head is in the clouds . It pays over 7 billion for expense firm concur. The ceo said says its not overpay. Its not what you pay for assets in this industry. Its what you do with them. I never was more confident with any Business Case i prened in the board room than i am with concur and sap. Scotland will remain part of the United Kingdom after the pro union camp reclaims 55 of the vote. David cameron says its time for the uk to come together and move forward. We have heard the voice of scotland and now the millions of voices of england must also be heard. The question of english votes for english laws, the socalled west lothian question, requires a decisive answer. Just as scotland will vote separately in the Scottish Parliament on their issues of tax, spending and welfare, so, too, england, as well as wails and Northern Ireland will be able to vote on
Madame chair, i move that the convention suspend the procedural rules. I move that all votes, all votes cast by delegates be reflected in the official record, and i move that Hillary Clinton be selected as the nominee of the Democratic Party for president of the United States. Hillary clinton making u. S. History. What a day, what a day. It really. Becoming the first woman nominated for president. Thank you so much for joining us, im heather childers. Good to be with heather again
tonight, im kelly wright. Senator Bernie Sanders ending the roll call in a bid to unify the party and a couple hours later, former president bill clinton took the floor with an emotional speech. Well bring his comments to you in their entirety in the next hour. But first right now, we go to Shannon Bream in philadelphia for the latest. Shannon, whats the atmosphere like there no . Reporter well, kelly, it is winding down tonight, but on night two of the dnc, clearly the former president , bkt, was star of the
Peace, actually, that help was finally coming. That we were not alone. The comforts arrival as the Field Hospital set up in new york citys Javits Center is also about to open along with another Field Hospital in new york central park. Nationwide, there are now more than 153,000 confirmed cases of the coronavirus. More than 2,800 people have died in the United States. We should note that most people who contract the virus will recover at home without ever being hospitalized. While there are huge number of cases in new york city, other big cities including new orleans, chicago, and detroit also grappling with the rising number of cases. Something that is worrying to the head of the White House Coronavirus task force. Were very worried about every city in the United States and the potential for this virus to get out of control. If we do things together well, almost perfectly, we could get in the range of 100,000 to 200,000 fatalities. If we do everything well, we could get in the range of