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New york stock exchange. Twitter finally going public today, pricing 70 million shares, 26 each. Thats above the expected range of 23 to 25. Company will raise at least 1. 8 billion and trade under the ticker twtr. The ipo values twitter at 14, 18 billion that, number still to be determined. Well talk with twitter Ceo Dick Costolo right after the opening bell, a lot of other special interviews throughout the morning. Youve been tweeting. How meta is that about just how overallocated this is . I did just about ten minutes ago, speaking to a number of Hedge Fund Managers this morning, who all of course are disappointed in their allocations but not surprised. But for 2 million you get 5,000. You put in for 7,000, you get 10,000. But theyve also been providing color buy as you might expect the underwriter goldman sachs. Ive heard the deal is about 30 times oversubscribed, ....
report tomorrow. will the report be fodder for the q.e. 3 argument? a mixed bag for retail sales in april. limited racking up another strong month. costco missing for the second month in a row. and general motors beats expectations with its earnings, underscoring strength in the core north america operations but highlighting weakness in overseas market. we ll be speaking with bob lutz. and green mountain coffee, investors questioning consumer demand for k-cups and the company s ability to compete with starbucks. some analysts out today trying to defend that stock. claims and productivity, both coming in better than expected this morning. jobless claims dropped 27,000. u.s. productivity fell .5%. and the ecb holding its main interest rate at 1% as inflation offset pressure to support the weak eurozone economy. there was a big debate this morning going into the number, the ecb number. what were the odds of a cut? zero, just above zero. clearly they are holding their ....
together. are you kidding? there were no victoria secret models. are you kidding? you woke up an hour ago? that s like 11:00 there, right? no, maybe about 10:00. it went very, very late. ann knows. ann the producer knows. i was e-mailing with her very, very late. but, maybe we ll show a picture, got to spend some time with mick jagger. i have two rock stars on the evening. it was a lot of fun. i love keith richards. that s why you have to 0 come out here next time. i will go on a two shot and my wrinkles i love both you ll take both of them on? you know, andrew, i was thinking that if you were out and watching the way you drove yesterday, you didn t drive home after having a few cocktails, did you, like were you driving that audi yesterday? i did not. i did not. i did not. and i should also say in shawn parker s defense, just in truth, he actually went home earlier than most of the other people. earlier than you? i know he has a reputation. ....