Good morning warm welcome to Worldwide Exchange. Im wilfred frost. Im Contessa Brewer in for sara eisen welcome back from texas thank you had a great team with me a lot of stories to cover. Hope you had a relaxing weekend off of what was a busy week lets look in on the Global Market picture comes off a pretty decent end to august when you consider the amount of negative news markets werent under pressure as much as perhaps the headlines for the month may have suggested a slightly positive day towards the end of last week markets in the u. S. Were closed yesterday for labor day. Theyre starting just in negative territory we were not negative around the world today, but we were negative a bit yesterday the dow down 42 points or so in the premarket. Tenyear treasury note for you which has been stuck below the 2. 2 level, had a belief flirtation below 2. 1 , but at the moment back in the middle ground between the two handles, 2. 15 . Lets look at asian equities now. Acraoss the board a mix
Hurricane irma is a category 4 sthoorm cou storm. The path is still you unseuncer puerto rico and florida are areas of interest. Here are the big corporate stories. United technologies buying Rockwell Collins for 23 billion. Under the deal, rockwell Share Holders will receive 140 per share in cash and stock. Thats an 18 premium to the Closing Price on august 3rd. The Companies Say the Aerospace Systems segment would be combined to create collins Aerospace Systems which would save 5 billion by the fourth year of completion greg hayes will join our colleagues on squawk on the street later this morning that happens at 9 30 a. M. Eastern time. Lego announced plans to lay off 8 of its work force lego reporting a 5 drop in revenue for the first half of the year the company said most of the 1400 job cut also happen s wille end of 2017. And Rovio Entertainment is planning an ipo. The mobile games studio will list shares in helsinki in a move looking to boost growth the Company Finally returned
Republican members blame the Biden Administration democratic policies for inflationary prices. [background noises] [background noises] good morning everybody paid welcome everybody to todays hybrid hring pursuant to house rules some members of witnesses will appear in persons and other will appear by zoom. I know you are all familiar with zoom by now. But let me remind everyone of just a few points. First, the house rules require that we see you, so please have your camera is turned on at all times. Second, members appearing remotely who are not recognized should remain muted to minimize background noise and feedback. Third, i will recognize mbers verbally but members reach retain the right to receive recognitn verbally paid ranking orders members will be recognize in seniority for questions. Lastly, if you want to ber recognized outside of regular order, you might identify that in several ways. You may use the chat function to send a request. You may send r an email to the majority st
H.B. Fuller (NYSE:FUL – Get Free Report) had its price objective increased by equities research analysts at Robert W. Baird from $80.00 to $90.00 in a report issued on Monday, Benzinga reports. The firm presently has a “neutral” rating on the specialty chemicals company’s stock. Robert W. Baird’s target price indicates a potential upside of […]
H.B. Fuller (NYSE:FUL – Get Free Report) released its quarterly earnings data on Wednesday. The specialty chemicals company reported $0.67 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.03, Briefing.com reports. H.B. Fuller had a net margin of 4.39% and a return on equity of 12.97%. The firm had revenue […]