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Of the current Interest Rate environment, but we dont try to time our decisions based on capitalizing on Interest Rates at the moment. I think for the long term, maintaining the deep and liquid u. S. Treasury markets is something thats very important to u. S. Economic security. You dont need to time it. Look at the deals apple and verizon did for multiple billions and know its better paper, i believe, than apple. I think we have the best paper in the world. And i think that the markets around the world refleblcted th. Theres a reason the dollar is the worlds reserve currency, why the appetite for u. S. Treasury debt is to high. I think, you know, as you look at the way weve created new products, its really reflected the evolution of market appetite for different kinds of products, and well continue to try to be innovative in terms of introducing products that help to keep the d ....
Its great. And for you, especially. It was your idea. Its great for all of us. Lets get you caught up on the business headlines this morning. Three big stories we are watching right now, oil prices are up plunge again. Main benchmarks trading at 5 1 2 year lows. Brent dipping below r50 for the First Time Since may 2011. The latest Oil Inventory data is out at 10 on 30 a. M. Today. The adp employment report is coming at 8 00 a. M. Eastern time. Then we go minutes from the latest fed meeting. And breaking news overnight, the tail of the missing airasia plane has been found in the java sea. It is the first confirmed sighting of the wreckage from the jet liner. This is notable because the flights black boxes are located in the planes tail. Jcpenney announcing its samestore sales lows. They say comps at the high end of its previous year. Microns revenue forecast mission wall stre ....
This morning. Well tell you about them. Mans best friend may want you to sell the company. Petsmart is explorining alternatives as pressure from an activist investor mounts. Target posting Second Quarter operating profits of 78 cents a share, just shy of lowered wall street expectations. The retailer posted flat Comp Store Sales in the u. S. And cutting full year Profit Guidance as fallout from a massive data breach continues to weigh on the company. Target says sales, though, trends at least, improve this month based on early backtoschool sales, jim. We have a number, though, a guidance number, i guess, is the key for the full Year Adjustment of 310 to 330 compared with guidance of 360 to 390, and they go into why thats beginning to be below. I mean, some has t ....
1. 855. We begin with facebook with the social media giant honing a Developers Conference this hour. The stock right now is currently down 1. 9 but it is nonetheless, still sitting around alltime highs. Julia borstein is live at the big event in san francisco. Julia. Thats right, mandy. Mark zuckerberg is about to take the stage. He will be addressing the 2,500 developers who are gathered here in san francisco, and there are two main topics that he is expected to make big news on. Messenger is facebooks standalone messeninging app, and he announced he will be turning it into a platform. That means that developers will be able to build other apps on top of the platform very similar to what weve seen with the line app, which is a popular messaging app in asia. That means people will be able to buy things, buy movie tickets, and do various things including read content, watch videos without actually leaving the messenger app. ....