confirms a possible deal with mylan. a merger could create a $23 billion company. gloo and throughout the day, we re at the workshop on the shores of lake como and there s criticism over the lack of action from d.c. unimpressed about the with which the ecb is acting. welcome to the show today. plenty to come from the chinese computing firm lenovo, the brazilant development bank, good old richard koe will be joining us about an hour from now. towards the end of the show, luigi zingales from the university of chicago. jules is going to be there. right now, though, we are just over an hour into the trading day in europe. it s all about the countdown to the employment report, as we know. the forecast is going to be 200,000. the numbers could be higher, 230, 240, something like that. ahead of it, european stocks are weighted to the upside. around about 6/3, thereabouts. advancers currently outpacing decliners. u.s. stocks down a little bit. the first fall in five sessions ye
eastern time. what is going to happen? we tried to do that last time to make people guessing. i guess every time. not really. it s business news. and we do our best to try and get something going around it. but the one thing that makes this a little more interesting is some of the whisper numbers. did you see how high they get? how high are they? the whisper numbers are as high as 300. 300. do you think people can hear us? yeah. why are we whispering? yeah, 300. meanwhile, dallas fed president richard fisher came from around the world saying the central bank must avoice being locked into calendar based policy commitments. in other words, they re data dependent. he says forward guidance should be flexible enough to allow for changing conditions. he is currently a voting member of the federal open market committee. as i said, he made his remarks at an appearance in hong kong. he s a good friend of the show. and i don t i don t know, are those the two headlin
qs which track are in negative territory. the big weight, one of the big weights is netflix. down 25% in the past month. it s one of those stocks that move on no news, they move because they move. today investors are paying a price. sheila dharmarajan is at the nasdaq and is down the composite is down 3.2%. sheila? ugly day here at the nasdaq. the composite and the 100 down by more than 2%. we just bounced off the session lows but keep in mind we are on track for one of the worst days we have seen at the nasdaq in two months. here s what s amazing. this is a really broad-based selloff, not just biotechs or momentum names. it is weakness across the board here. if you take a look at the nasdaq 100, more than 90% of its members are in the red right now. so everyone is pushing the sell button on seemingly everything. some particular pockets of weakness, though, got to talk about the biotech names. this is one of the groups that led the nasdaq up. now today, the nasdaq biotech
and the opposition party says they will allow for over 850 million people who make their way to the polls in the biggest democracy. you re watching worldwide exchange bringing you business news from around the globe. good morning. welcome to the show. it is merger monday. and they are seeking approval for a $50 million merger. lafange is the largest company. and next what we are looking at is the deal has finally been sealed after a bidding war for $17 billion euro deal. we ll see how that ends. it is now down to three bids despite those offers being backed by the french government. the stock is up nearly 8%. that news had to give a boost to markets in europe. earlier the squawk box team said a big ticket deal will dominate the deal landscape this year. emphasis has now moved to quality. so it s moved from volume to quality, which is going to translate into much larger, more strategic transformation-size deals. you are going to see doubling in size of intention. so
right now they suggest the dow would open lower by 20 points. the s&p will open lower by 4. and the nasdaq opening lower as well. who is the big star for the week? you said we have a big star for the week and showed those people. they were on tuesday, wednesday and thursday. who is the big star of the week? the week ahead. who is on today for the big star for the week? michelle carusa cabrera. oh, got it. i thought that sam zell was on today. and we have the guy from wall street journal. that s cool. i thought it was the guy who sang that song but that s jerry raferdi. will you stop for a second. jerry raferdi on baker street. if you don t let me finish my there s a punchline there. i didn t get it, either. no one did because no one got to hear it. a federal judge refrained from issuing an emergency order that would impart millions of general motors cars recalled for defective ignition switches linked to 13 deaths. the judge needs more time to st