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Whopperrito is worth your hard earned three bucks. Th tyler, power lunch starts right now. It does indeed. Thank you, brian. Welcome everybody to power lunch. Im tyler mathisen. Heres what else is happening at this hour. Hillary clinton widening her lead over donald trump in some key battleground states. Clinton now up double digits in colorado and virginia, according to a new nbc news the wall street journal marist poll. Parts of louisiana and mississippi under a state of emergency at this hour as torrential downpours trigger flash floods. And team usa continues to dominate at the rio games with 38 total medals, 16 are gold. And a lot of those by the most amazing athlete ive ever seen, michael phelps. Kayla. It has been fun to watch michael phelps. Im Kayla Tausche down at the new york stock exchange. We have three hours left in the trading week. Stocks have been headed lower throughout the morning. Dow down just about a third of ....
People. And, rick, the dollar index, investments. I know you say watch the close, find out more why hes still betting against china in an thats most important, but it hit a low that we havent seen exclusive interview with our david faber coming up. Also markets down big today since october of 2014. The trend still seems to be in and clorox shares are up higher, place right now. 2 now. It was up 4 earlier on the back of earnings, plus theyve absolutely. Announced an acquisition. Even the fact that it did a mild well talk about all of that and uturn, its still higher than how basketball star steph curry yesterday and yesterday is your is helping cloroxs bottom line. Comp going back. It doesnt change much. And after the bell, cbs kicks off a big week of media actually it isnt even the level as much as it is how were earnings. Getting there. Wheel bring you those numbers and even my rollercoaster and hear from less mun vez on analogy. The problem is its been stopping at various points with ....
Zillow buying trulia 3. 5 billion all tock. Jack lew, oped calling for antiinversion tax legislation. Economic data capped off with monthly jobs report. Dollar tree acquiring Family Dollar 8. 5 billion, the value of Family Dollar 74. 50 a share, 24 prepare premium to the close friday. Comes more than a month after icahn called for Family Dollar to sell itself, thought it was going to be somebody else. Dollar general the name for a long time, we thought because of the great synergies that deal would bring, not without antitrust impedestrianti antiimpediments but Dollar General not the name, its dollar tree. Carl icahn may take credit but the approach made in march by dollar tree prior to mr. Icahn publicly coming into the shares. And so we know hes got a great nose, a g ....
Actually gained 44 points. The s p declined. 23w0u6r789s tech play nasdaq got hammered. Finishing off 1. 07 . Down much more, because as i have been telling you for weeks and i have been worried for weeks and ive made it clear to you again and again, Fund Managers are going to sell, sell, sell, all those stocks, including many of your favorite tech names in order to raise money to buy ali baba, the day it comes public, no matter what the price, including the higher 66 to 68 range announced tonight or maybe even higher. You see the stock of the chinese ecommerce tighten even at the seemingly lofty levels will still be very cheap, not just a revenue clip but on actual earnings growth, making ali baba a better investment than just about every other large capitalization stock out there that these managers hold. So it will be a magnet for huge funds to pick up. Thats why theyre selling their other stocks to come up with as much ali baba ....
Whats happening with the nikkei. Down 4 . Heres whats happening across europe. The bank of england saying it plans to keep Interest Rates at record lows until unemployment falls to 7 or below. So a mixed trading session. We will have plenty more on that later in the program. Also in our road map this morning, disneys Third Quarter results top estimates but its movie studio takes a hit on the lone ranger flop. Morgan stanley, facebook saying that video ads constitute a good chunk of revenues by next year. Shares of ralph lauren are unraveling on weaker guidance. Dan lobe is backing off sony for now and is telling an angry George Clooney they have more in common than clooney thinks. Shifting our focus. We were just talking about whats happening in japan. Mike, i just wonder again if people, as much as theyre talking about h ....