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the world was supposed to end and it didn t. it has been the same case with the ftse. ftse is right at 6% yesterday and bringing it back to higher levels. i know he wanted to hear this. i wanted to tell him this. no, no. it s not about me. never about me, but mark grant is going to come on. thus far you have been right. mark grant is going to come on and say it s not the uk shouldn t be the ones worried, it s the eu that should be worried. sterling has gotten hit pretty hard. jim paulson is going to come on tomorrow and say the same thing. call it a wom went to cast right now because it s a little bit too progressive. have you heard that. i have no the. they have a show. you heard that from what, your twitter followers. don t you see that. we ll share with our twitter followers. you go wild, don t you. when the cats away, the mouse will play. it s like video new york times not bad? no? no, no. what did holeman say last night. ....
speaking they re lower no matter where you are in the world. weaker against the yen. we re sitting right there at that 100 level. pound is now 1.29. went to 1.2796 at one point. price of crude oil up this hour. brent at 47.76. lower by.20. tesla says it doesn t alert regulators until nine days after the accident. the company is defends its decision not to make the news public before a federal probe was announced last month. the national highway traffic safety administration says the investigation is active and would not comment further in response to an article about the time iing of that disclosure. elon musk tweeted the may fatal quote was not material to the stock. bio tech firm is ready to explore a sell to one of several suitors. san if i has signed a confidentiality agreement. gives access to a treatment that has produced positive results in mice. you can t say that something is not material to a stock. that s it s not his position to say that. number on ....
brent a decline of 49 cents. couple big corporate stories to tell you about. the biggest one, it s final. it s here. verizon set to announce an agreement today to buy yahoo for $5 billion. sources telling us that yahoo will no longer an operating company after this. it will become a holding company for stakes? alibaba and yahoo japan. has a small platen portfolio to sell. marissa mayer not expected to stay on after the deal is completed. her severance, expected to be $57 million. we ll have a lot more on the story in a couple of minutes. other news as well. tesla and solar city, they re reportedly closer to a merger. no brainer. that s a new one. one brain. elon musk the largest share hoeflder in both companies. in the final stages of carrying out due diligence on both companies. the companies are carrying out due dial generals the right brain talking to the left? elon did an interview this morning. did you see this? it s a good piece. we don t get that ....
hoping to ease some concerns apple had hit a wall. marketing the first time in ten quarters the company has seen revenue growth in ipad sells. talking about the performance with an analyst in just a couple of minutes. take a look at the futures right now. not only do we have the earnings report. we had twitter last night. right now things looking up on the high side. dow would open higher. s&p 500 about 3.5. nasdaq up close to 30 points this morning. the apple stuff makes a lot more sense to me, andrew, because when we were talking about when they were still growing. yes. they were going to grow from a revenue base quarterly of like $42 billion and that s an unbelievable i was thinking that s not guaranteed. even know it was down of what was it revenue was down i forget how much. who cares if revenue is down 49 to 42. so it s 7 billion less, but it s $42 billion. their quarterly profit is like 10.68, but my problem when it was priced for perfection is you th ....
higher. up by a quarter percent. the cac down by half a percent the ftse down slightly. after the friday night release of the european bank stress tests, they were not nearly as stressful as some thought they should be. but you did see a lot of concerning things that came out of it. you can see uni-credit is down by 7.5%. we ll find out how much it could impact the u.s. markets in a few minutes. let s check out crude oil prices because each though crude was up on friday, if you looked at last week, it was still down by over $2.50. oil sitting right around 41.60. this morning, wti under additional pressure. that september contract right now is trading just above the $41 mark at $41.07. brent crude at $42.93. it may be august, but things aren t slowing down. earnings and important economic data, all this as the dow starts the month on a six-month win streak. today, we get the july ism manufacturing index. tomorrow, june personal income and spending and your auto sales n ....