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Numbers, plus his thoughts on the minimum wage. Well see how those new oreo donuts are selling. Fbi cracking down on chinese corporate espionage. The economic bellwethers, caterpillar, 3m moving lower on the back of earnings. Caterpillar ceo was on squawk box earlier and spoke to the global head winds holding back not only the economy but his own business. For us to drive sales and drive employment we need 2. 5 to 3 . Having said that we are doing an awful lot of things internally to make sure we are strong strengthening our company for the future. Its all those things. Weve got oil price cut in half. Commodities are at their lowest for quite a few years. Global growth is slow. All those things combine for a lot of winds buffeting around right now in front of us. Joining us for reaction and how it impacts company our team. Doug isnt the only one warning about the Global Economy and actually showing the results from weakness in chi ....
That remains a mystery. But it is a mystery that a massive amount of resources are now trying to solve. We will have a live report and tell you what the next steps will be in that investigation. Meanwhile, after a terrible day for equities yesterday, we have seen stabilization today. This morning the action looked pretty negative. You have a lot of people concerned. It might be three days in a row. We have gone out and looked week. We turned positive within the last hour bill. But the dow currently as you can see there, is down about 30 points. The saudi bombing in yemen overnight pushed oil prices sharply higher. They just spiked. Pushed u. S. Crude above 50 dollars a barrel. I think it got to 52. And pulled back. When it got that high thats when other markets started to respond. Overseas markets were down as a result. But that has moderated a little bit as are our markets. Well get to that coming up in a little bit. With an hour to go yesterday we saw a bunch of selling pressure mate ....
Yield, no, we dont have negative rates the way they do in some places in this world, which still is an amazing thing but you dont get a lot when you loan your money to the u. S. Government for ten years 1. 863. The road map, megamerger kraft and heinz agreeing to merge with the help of Warren Buffett and most importantly 3g capital creating what will be the worlds fifth largest food and Beverage Company. I think Third Largest theyre saying in terms of Food Services or food products. Plus, dow futures pointing to a flat open this morning after an unexpected drop in durable goods for the sixth month in a row. Shares of merck, up in the premarket. Drugmaker announced it will increase its share of buyback by a significant amount this after good results yesterday on a po ....
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