And uglier at the close however strong earnings from disney could change the tone tomorrow, but we begin tonight with the 80 billion deal that seems to be dead. 21st century fox with drew the bid. Murdoch side timewarner management and the board refused to engage with the company or explore a higher offer and the bid drove 21st century fox shares lower under valuing the company and upsetting too many shareholders. Fox did approve a 6 billion stock plan. Shares dropped sharply after the announcement. Fox went the other way with shares spiking right after the news. Is the deal really dead . Lets get thoughts from tom edgen, hes a Senior Research analyst with the telse Advisory Group and follows media companies. Welcome, good to have you with us. Do you believe mr. Murdoch is going to go away permanently, and if so, why did he . I think the deal for timewarner is dead. You know, we werent sure about it to begin with. We had a 50 50 shot and thats essentially because to net that leverage w
And uglier at the close however strong earnings from disney could change the tone tomorrow, but we begin tonight with the 80 billion deal that seems to be dead. 21st century fox with drew the bid. Murdoch side timewarner management and the board refused to engage with the company or explore a higher offer and the bid drove 21st century fox shares lower under valuing the company and upsetting too many shareholders. Fox did approve a 6 billion stock plan. Shares dropped sharply after the announcement. Fox went the other way with shares spiking right after the news. Is the deal really dead . Lets get thoughts from tom edgen, hes a Senior Research analyst with the telse Advisory Group and follows media companies. Welcome, good to have you with us. Do you believe mr. Murdoch is going to go away permanently, and if so, why did he . I think the deal for timewarner is dead. You know, we werent sure about it to begin with. We had a 50 50 shot and thats essentially because to net that leverage w
It was an ugly day at the open and uglier at the close however strong earnings from disney could change the tone tomorrow, but we begin tonight with the 80 billion deal that seems to be dead. 21st century fox with drew the bid. Murdoch side timewarner management and the board refused to engage with the company or explore a higher offer and the bid drove 21st century fox shares lower under valuing the company and upsetting too many shareholders. Fox did approve a 6 billion stock plan. Shares dropped sharply after the announcement. Fox went the other way with shares spiking right after the news. Is the deal really dead . Lets get thoughts from tom edgen, hes a Senior Research analyst with the telse Advisory Group and follows media companies. Welcome, good to have you with us. Do you believe mr. Murdoch is going to go away permanently, and if so, why did he . I think the deal for timewarner is dead. You know, we werent sure about it to begin with. We had a 50 50 shot and thats essentially
Strong earnings from disney could change the tone tomorrow, but we begin tonight with the 80 billion deal that seems to be dead. 21st century fox with drew the bid. Murdoch side timewarner management and the board refused to engage with the company or explore a higher offer and the bid drove 21st century fox shares lower under valuing the company and upsetting too many shareholders. Fox did approve a 6 billion stock plan. Shares dropped sharply after the announcement. Fox went the other way with shares spiking right after the news. Is the deal really dead . Lets get thoughts from tom edgen, hes a Senior Research analyst with the telse Advisory Group and follows media companies. Welcome, good to have you with us. Do you believe mr. Murdoch is going to go away permanently, and if so, why did he . I think the deal for timewarner is dead. You know, we werent sure about it to begin with. We had a 50 50 shot and thats essentially because to net that leverage was going to be too high. You kno
Gains despite low trading volume, struggling economies in europe and deepening troubles in ukraine and the middle east. On this final trading day of the month, the dow added almost 19 points, the nasdaq rose 22 and s p up 6. 5 closing at 2003 and by the way, tomorrow will be the 2000th calendar day since the bull market began on march 9th of 2009. What a month august has been. The dow is up 3 , nasdaq posted a gain of 4 pblt 8 and the s p hirer by more than 3. 5 . Only february posted higher gains for those big indexes. So why do the markets keep rising in spite of the headline risks . And what are investors looking forward to in september . Bob takes a look. Reporter despite turmoil in the mideast and ukraine, what could derail the rally. The market is up because of continuing low interest rates. Secondly, the low Commodity Prices like oil. Third, a slowly improving economy. Fourth, we have record earnings and finally, the u. S. Is still the best place to put money. Next, what could d