European. The tenyear note yield continues to hover around even below that 2 mark. God, i i know. Shocking. Japanese negative to nine years out. Negative to nine years, youre paying them to take your money in japan. And the all important look at oil. Up on friday, down this morning, and we seem to be following on the equity averages. Lets get to our road map this morning. It starts with shares of chipotle are up this morning on some anticipated good news from the cdc. Perhaps a turning point for the company after that e. Coli outbreak . Plus what you need to know about the iowa caucuses. Well take you there live as the area prepares for snow. Shares of tesla falling after Morgan Stanley slashed the price target by 100. What has adam jonas concerned about it. And news on the activism front coming your way. Moments from now on alcoa. Lets get to the Broader Markets to start things off. Global growth concerns sends futures and oil prices lower. China manufacturing, pmi for january indicat
That a u. S. Judge has accepted a plea agreement with Lumber Liquidators. Right now we dont know exactly what the plea was or what the plea was for in terms of what charges they address. Still, the headline was moving the stock, the stock up about 9. 5 , right around just 10 54 a. M. , halted for volatility, reopened just now about a minute ago, now up by 6. 5 on heavier than average volumes, so we will bring you more. Right now, trading volatility around Lumber Liquidators on a bloomberg headline with a u. S. Judge. Back over to you guys. Thanks,dom. Keep us posted on that. Meanwhile, the rest of the markets giving up some of their gains, lower off the lows for the day. Twitter shares up sharply. A new report from the information out this morning says Mark Andreason and silver lake considering some sort of deal for the social network. Twitter shares as i mentioned, up this morning. They were up about 9 in premarket trading. But here with they are story is jessica lessen, cnbc contribu
209,000 job in july. We will debate whether the job creation this makes i believe the sixth months in a row of above 200,000 being added to the economy. What it might mean for fed policy. First lets check in at a very busy New York Stock Exchange with sue herera. Absolutely. It really is the big story today. This hour the markets. Just told you the dow was down. It was worst. Down 89s points. Also getting the hit, the nasdaq, down just under a full once again, the nasdaq down 34. S p 500 down the russell 2000 down almost a . Now, in terms of. Gold market, were up. Remember yesterday we were down about 13 bucks, we basically gained it all back. Crude oil is down 91 cents, and the yield on the tenyear note broke below the 2. 5 mark. For the european markets, it was another very bad day. We have the ftse over in london, the dax, and the French Market as well. Well start here with impossible. Hello. It a little disappointment. Its not been able to stick. We did rally a bit going into the o
Different alarm. Often a critic, Rupert Murdoch takes a shot. Google with harsh tweets about privacy. Family dollar at center of a bidding war. Dollar general announcing an offer to buy rival discount retailer for 78. 50 a share in cash, total transaction valued 9. 7 billion, counters dollar trees 74. 50 a share, cash and stock bid. So much, jim for not everybody working in late august in the summer. Somebodys working here. This is interesting. This was what we first thought would happen. Exactly. Surprised that dollar wasnt involved because its a better fit. You can tell from the stocks reaction, people agree. I like allcash bid. Lots of overlap in the two, youll be able to take out more cost. Thats what we like about takeovers, consolidation and cost taken out. Even icahn in Family Dollar and precipitated all of this at least public conversation we know discussions with Family Dollar and dollar tree had been going on for some time before icahns involvement. He himself thought that Do
Its official, halliburton buying baker hughes for about 35 billion, and weve got more on activists and the fight for allergan. Forget wasting time at work. Menlo park reportedly developing facebook for your office . Moving in on google, microsoft and linked ins turf, down 3 in the free market. Numbers inside japans recession, gdp down 1. 6 following contraction of 7. 3 in the prior quarter. This week japanese Prime Minister abe expected to announce delaying plans to race the countrys sales tax and call for parliamentary elections in december. Estimate was 2. 2, to the upside. No one expected this to happen. Now a bunch of policy decisions to make. Do you suspend sales tax . This felt like 1937 in our country where they thought, you know, weve done enough to make it so were coming out of the great depression, lets start raising taxes, be more conservative. There are a lot of people saying that, you know what, this was just being prudent because the country itself is so in hock. I saw th