disney, of course, as you heard by now, buying various assets of 21st century fox in a deal worth dl more than $66 billion when you include the debt david faber broke the story weeks ago that the two companies were in talks and lo and behold, it s soup now. congratulati congratulations. thanks. we were reminiscing about the various deals you ve broken over the years. yes, you and i go back to my first big one, british telecom and mci. $2 $22 billion deal in inflation? exactly that got to the finish line on this one, bill a lot of talking going on between disney and fox and also our parent company, comcast and fox. that s sort of where we want to begin today as we head toward the later parts of the day comcast did compete vigorously for these assets people close to the company indicate, or people close to all the companies involved, that being the people who were advising and so forth, indicate that the bid from comcast, in fact, did have a higher value than what fox a
down by just over 0.1%. in europe, in the early trading, the dax is up by about 0.4%. ftse has bigger gains, up by 0.6%. green arrows across the board. look at crude oil prices which yesterday late were a little bit higher after numbers came in indicating there was less of a draw down than expected in the united states. right now wti hanging in around $45. it is a lighter day for your economic agenda. at 8:30 a.m. we get a report out, the august import price report. despite the rather boring name, it s actually a pretty important measure of inflation. import prices are expected to have fallen last month. but the big corp praorate s is wells fargo. john stumpf appeared on mad money last night and told jim cramer he will to the resign though he does hold himself accountable for abusive account opening practices at the firm. it may mean some people say that you have to resign. jim, i think the best thing i can do right now is lead this company. today we made actually a
largest cash bid on record. we have both ceos joining us live in just a few moments. our road map, return of volatility. what investors like carl icahn said how to navigate this market at yesterday s delivering alpha. wells fargo s ceo telling jim cramer he will not resign over abuse of account activations. apple s new operating system out and update getting mixed reviews. also, tim cook out defending the new iphone 7. the stock saw a nice boost yesterday despite some big losses in most of the market. what will today bring? but first up, futures moving higher after three straight sessions of triple digit swings amid some falling oil prices, concerns about a potential fed rate hike despite tuesday s selloff apple was in fact the bright spot up 2.4 for the best day since july. but then late yesterday at delivering alpha carl icahn offered that blunt assessment of this market environment. i think there are tremendous risks. but i think anyone that s going to tell you it s
i m brian sullivan. it does remain an uneasy market. investors a wee bit nervous ahead of next week s fed meeting. next wednesday is when we get the rate decision. the dow a little change, slightly higher today. not bad. oil, though, sliding again, inventories once again a concern. all the major oil stocks are lower today. melissa? i m melissa lee. here s what s happening at this hour. heather brash will appear before the house oversight committee next week to discuss the price of the epipen auto injector. it expects to complete the takeover of monsanto by the end of next year and roughly 6 million people from florida to georgia are under a flash flood watch as tropical storm julia moves up the east coast. welcome to power lunch. i m michelle caruso-cabrera. dangerous, risky, bubble, some of the biggest names in the financial world weighing in at yesterday s delivering alpha conference saying storm clouds on the horizon for global markets. storm may already be here.
TOWN OF ULSTER, N.Y. — Town Supervisor James Quigley’s to rescind his planned retirement was met with a sense of resignation by Deputy Supervisor Clayton VanKleeck, who was expected to be appointed to the post in September.VanKleeck, who owns a tire service business, used an occupation-appropriate summary of his feelings on Tuesday, June 11.“You could […]