Biggest loser. You just heard from courtney, after missing on earnings and slashing that forecast joining us for the full first hour, wealth management. Josh, as we just mentioned, fedex down a full 10 on earnings whats your take on that its important to point out that this trend in fedex stock actually began in january 2018 its been falling almost two years straight with very little respite on the way down. At this point, i think the answer, what you do with fedex, differs if youre a trader or an investor if youre a trader, youre not buying the stock i dont think theres any Material Support looking back at a tenyear chart until about 119, 120 that was prior resistance. It broke out it has retested that level before successfully. Thats where i would look at a tradeable bottom were not quite there yet. If youre an investor, you have to look at this moment to say this is maybe conceivably the most confluence of events. Having trouble integrating the tnt acquisition, thats a headwind ther
The summer seems to last forever. And if i have the choice. Yeah, i was going to be there. Those were the best days of my life. Cheryl first day of summer, everybody. Welcome to fbn a. M. Good morning, im cheryl casone. Lauren it might start to feel like summer today. No rain in the forecast here in new york. Good morning, im lauren simonetti. Cheryl lets take take a look at how your money is moving on this first day of summer. Right now, futures are slightly lower, dow is down 31, s p is lower as well. June shaping up to be a great month. The dow on pace for the best month since october 2015. All the major averages up more than 7. 3 this month. Lauren the yield on the 10 year treasury is trading up by 4 basis points. Cheryl we continue to follow the tensions between iran and the United States. Lets take a look at oil. Weve seen move nonet the upside movement to the upside in oil. Oil is slightly higher, by a few kepts right now. Lauren gold is slightly lower, down 4 at 1392 an ounce.
Sunday morning. Welcome to it. Good morning. Im victor blackwell. This is cnn this morning. Good morning. Im amara walker. Thank you for sharing a part of your day with us. We have a lot of stuff to talk about. Interesting stuff, sports, news. Right now make or break for the u. S. Womens soccer team. All eyes are on team usa as they face off against sweden. We will have the latest on the game. And simone biles is back. 26yearold makes her comeback and qualifies for National Championships after a twoyear break. We will have highlights. And the back and forth legal fight between former President Donald Trump and the Special Counsel. It comes as truck unleashes his sharpest attack yet against his own Vice President. And a suspect charge inside the fatal stabbing of a professional dancer in new york. Right now, it is whin or go home for the u. S. Womens soccer team at the world cup, taking on sweden in the round of 16 in melbourne. The u. S. Is the Number One Team in the world but have not
Disney, of course, as you heard by now, buying various assets of 21st century fox in a deal worth dl more than 66 billion when you include the debt david faber broke the story weeks ago that the two companies were in talks and lo and behold, its soup now. Congratulati congratulations. Thanks. We were reminiscing about the various deals youve broken over the years. Yes, you and i go back to my first big one, British Telecom and mci. 2 22 billion deal in inflation . Exactly that got to the finish line on this one, bill a lot of talking going on between disney and fox and also our Parent Company, comcast and fox. Thats sort of where we want to begin today as we head toward the later parts of the day comcast did compete vigorously for these assets people close to the company indicate, or people close to all the companies involved, that being the people who were advising and so forth, indicate that the bid from comcast, in fact, did have a higher value than what fox accepted from disney we
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