Vice chair fisher on the tape again today. Charter communications buying Time Warner Cable in a deal valued more than 78 billion. Well talk to the ceo tom rutledge first on cnbc. General motors the deal that never was and criminal charges that reportedly still could be. Twitter reportedly engaged in talks to acquire flip board at a 1 billion valuation. First up Charter Communications striking a deal to buy Time Warner Cable for 195. 71 a share in cash and stock will be more than that with charter stock going up. It does consist of more than 100 a share. You can get 115. Rest will come in shares of charter. 78 billion. Roughly 56 billion when you dont include debt. It comes after nbcs Parent Company comcast was forced to walk away last month from its 45 billion deal to buy Time Warner Cable worth about 160 at the time given regulatory impediments of great significance. Stay tuned for a live interrue with tom rutledge. He will be the chairman and ceo of what would become should it actual
Points so really is a nice showing. 28 of the 30 dow components in the green. We heard from House Speaker john boehner. The overall sentiment after he spoke is a few negative pieces of language in his speech that ultimately in the end he was trying to say theyre trying to work it out. Smooth it over, ultimately. They know a couple of trends we are seeing, technology, materiall, two areas coming under pressure recently starting to turn. Europe seeing improvement helping equities along as well. Lori not sure if you mentioned the fed. We were talking about it at the top. Talking about their expectations of ben bernanke. Nicole would even throw out the idea of stimulus . That helped things along pushing us along throughout this entire last six months. Lori absolutely. Thank you so much, Nicole Petallides on the floor of the New York Stock Exchange. Protests turn violent in lansing, michigan, as Union Protesters ripped down a tent belonging to righttowork supporters. Becoming the 24th right
Earnings week. Its the real deal. Citigroup reports on monday. Well see you to deliver like jamie dimon did for wells fargo. This is a tough one. Citigroup are most in turmoil the emerging markets. I think the core was relatively new to the position has energized the place. One of the largest foreign bankers in a ton of places where the currencies are falling apart. You may not be able to make up all of that weakness with the strength in the u. S. Business. We will see how much that will run down. Tuesday morning, you find out if cocacola fits into the new wall street fashion show, new, more on that late ever. I think people are looking for a Global Software play that doesnt need an economic wind at its back. Thats cocacola. Ups says there wont be a win. Currency, this is when we will find out if it will matter, it will be a strength issue. The dollar erodes more than anybody. J. P. Morgan, it would have to be that of goldman sachs, which reports next tuesday. Now, they may have done r
Will truly be put to to the test. Next week you get to the real earnings week. Its the real deal. Citigroup reports on monday. Well see you to deliver like jamie dimon did for wells fargo. This is a tough one. Citigroup are most in turmoil the emerging markets. I think the core was relatively new to the position has energized the place. One of the largest foreign bankers in a ton of places where the currencies are falling apart. You may not be able to make up all of that weakness with the strength in the u. S. Business. We will see how much that will run down. Tuesday morning, you find out if cocacola fits into the new wall street fashion show, new, more on that late ever. I think people are looking for a Global Software play that doesnt need an economic wind at its back. Thats cocacola. Ups says there wont be a win. Currency, this is when we will find out if it will matter, it will be a strength issue. The dollar erodes more than anybody. J. P. Morgan, it would have to be that of gold
Will truly be put to to the test. Next week you get to the real earnings week. Its the real deal. Citigroup reports on monday. Well see you to deliver like jamie dimon did for wells fargo. This is a tough one. Citigroup are most in turmoil the emerging markets. I think the core was relatively new to the position has energized the place. One of the largest foreign bankers in a ton of places where the currencies are falling apart. You may not be able to make up all of that weakness with the strength in the u. S. Business. We will see how much that will run down. Tuesday morning, you find out if cocacola fits into the new wall street fashion show, new, more on that late ever. I think people are looking for a Global Software play that doesnt need an economic wind at its back. Thats cocacola. Ups says there wont be a win. Currency, this is when we will find out if it will matter, it will be a strength issue. The dollar erodes more than anybody. J. P. Morgan, it would have to be that of gold