Earnings walmart going on a hiring spree. Home buyers are rushing for mortgages. Is the consumer stronger than you think . Power lunch starts now and welcome to power lunch, im Frank Holland in for Tyler Mathisen nike hitting an alltime high soaring 9 on a blowout Earnings Report Johnson Johnson also higher on its vaccine progress for more on whats driving the action, lets get over to bob pisani hey, bob frank, we are sitting at the lows for the day, 3,280 on the s p, about where we ended on friday and the problem is this seesaw in the megacaps and workfromhome names take a look at megacap, this is a down day yesterday was an up day. Monday was generally a down day. You get the idea hard time figuring out what the right values or prices this high same with the workfromhome stocks theres a theory out there that these will be beneficiaries of worsening coronavirus cases in the United States, maybe, but theyre starting to split. Theyre not always up on the stays when some start moving on
Belgium has sealed an agreement with the netherlands and france to draw up passenger lists and introduce passport checks on International Rail services. The move will tighten security on the trains and help track criminalses who might be using them. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Scarlet u. S. Stocks slipping from record highs but they still notch gains. U. S. Stocks slipping from highs that were made this week. But they still notch gained for gains for the week. Joe the question is, whatd you miss . . Scarlet at a joint press Conference Today with the british Prime Minister, trump stressed americas special relationship with the united kingdom. On the same day i held an hourlong phone call with the president of mexico that follows the mexican leaders decision to cansal meeting over trumps plans for a border wall. Plus, President Trump says he still has not made any decisions regarding russian
You are welcome. Its countdown. Im manus cranny. Breaking news on the beer market for carlsberg. First half organic revenue rises by 4 . The market had an estimate of 3. 2 . The strategy implemented across andgroup to try to cut cost take cost out of the carlsberg group. The target is to reduce their by 2022. Apital that is making progress. How is their position in russia . Beer volumes declined in the first half in russia. Their share of the market in russia comes in at 34. 8. Organic operating profit rose higher than expected. They are expecting a higher than expected revenue growth, the organic operating profit, in the second half. Russian market share, 34. 8 . Declinedan beer market 2 in the first half. These are the first half numbers coming through. Waiting of ing, we are for those numbers to hit. As soon as we get those, we will bring those to you. Abn amro is the other stock we are watching. Abn amro, let me quickly clarify the numbers, it says it plans to euros as anion interi
I will speak with pandoras founder. Congress asks to take a look at two Fantasy Sports unicorns. Will draft kings and fan duel survive the scrutiny . To our lead. Dell in talks to buy the Enterprise Storage system company, emc. A deal may be completed as soon as next week. But it would be pricey, complicated. Dell is speaking to banks about raising 40 billion to finance the purchase. It would involve taking emc private and taking over the controlling stake in vm ware. Why do it . A deal would unite two companies coping with slowing demand. Our special guest host has a long history of experience and opinions in Silicon Valley. Now founder and ceo of social capital. Great to have you on the show. You made a lot of noise about diversity in d. C. First, i want to talk about dell and emc. Expensive, complicated. What is your reaction to this . I think it is a necessary step. I think the thing that emc is struggling with is two things. One is you have a fertilization business which they own
Look at two Fantasy Sports unicorns. Will draft kings and fan dual survive the scrutiny . To our lead. Dell in talks to buy the Enterprise Storage system company, emc. A deal may be completed as soon as next week. But it would be pricey, complicated. Dell is speaking to banks about raising 40 billion to finance the purchase. It would involve taking emc private and taking over the controlling stake in vm ware. Why do it . A deal would ignite you would unite two companies coping with slumping demand. Our special guest host has a long history of experience and opinions in Silicon Valley. Now founder and ceo of social capital. Great to have you on the show. You made a lot of noise about diversity in d. C. First, i want to talk about dell and emc. Expensive, complicated. What is your reaction to this . I think it is a necessary step. I think the thing that emc is struggling with is two things. One is you have a fertilization business which they own through is under duress. And at the same t