tv FBN AM FOX Business June 19, 2015 5:00am-6:01am EDT
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sandra: breaking news this morning. a day of mourning in charleston, south carolina, while the suspect in the horrific shooting there faces a court appearance today. in greece the prime minister now says he is confident a debt deal will get done and greece will stay in the eurozone. martha stewart reportedly ready to sell her empire. we'll have the latest there. after yesterday's rally stock market futures on the rise. the dow, s&p and nasdaq futures all have been pointing to higher open. good morning i'm sandra smith, joined by lauren simonetti and nicole petallides. welcome to "fbn:am." the latest look in the stay's
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markets what you need to know and to expect in the days ahead. lauren, you're on the martha stewart sale. >> she might sell housewares and domestic business. we'll keel you posted. >> i'm looking at bibacks, elizabeth warren and others think buybacks are terrible and critical. taking money away from the economy. is that what you think. sandra: we'll have more in just a moment. first the breaking news, the suspect in the horrific shooting in charleston, south carolina facing a bond hearing. police arrested 21-year-old dylann roof in shelby, north carolina. >> i was on my way to werk and praying for families. he looked like a young boy. i believe it was the lord. i believe god intervened to help me know that it was him. i'm going to tell you, i am no hero. i was squared. i was scared. sandra: he is accuse of killing nine people, six women and three men during a prayer meeting at a
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historic black church wednesday night. according to his friends, roof complained blacks were taking over the world and some one needed to do something about it for the white race of the pastor of the church who was also a state senator was among the victims. roof reportedly used birthday money from his parents to buy a gun. on wall street, yesterday was a big day, indeed a big rally. look at major averages. some gains to report for there for the week so far. we head into the final session. week with the dow up 1.2%. s&p up 1.3%. nasdaq up 1.6%. clearly the technology stocks the winner there. the nasdaq closing at its highest point since march 2000. also closing at its first record high since may. it is on track to snap a three-week losing streak, so far up 1.6%. the russell seeing decent gains. russell 2000 hitting a record high yesterday. all 10 s&p sectors rose
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yesterday led by health care, consumer cyclicals. they're also higher for the week. in asia some big movement to watch there. stocks finishing the day mostly higher. look at this, the nikkei up a half a percent, and singapore index up .1 of one one%. look at shanghai. a lot of ipos created concerns about liquidity. look at over last three months. this once high flying index not too long ago is down 10% from its recent highs making it in correction mode. it is still up 121% from a year ago. perspective is everything. european stocks this morning are also trending higher. the ftse, the cac, the dax all to the upside. u.s. stock index futures, take a look, dow, s&p, nasdaq all on pace for a higher open this morning. not big gains but the dow up
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seven points. martha stewart may be ready to part ways with the empire that bears her name. lauren, you're falling that. >> i am so is "the wall street journal." they're reporting that martha stewart is reportedly selling her empire, martha stewart living omni media. it has a market value of $370 million. that is a fraction what it once was. the stock price was $5.10 before yesterday's 26% surge on takeover talk. stewart built her empire of housewares around publications on knack for decorating and cooking. it is demise followed the same direction of other media companies. last year it discontinueed its nag ship magazine and handed control over wedding business to meredith corporation. stewart is 73 years old. she led the company until convicted of a government investigation into stock
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trading. that was in 2004. she is non-executive of the board and chief creative officer. sandra: say what you will about martha stewart. she built an empire. we'll follow the potential sale. >> quickly looking at chart. back to 2005. we're talking about yesterday closed 6 1/2 dollars. basically in 2005 this stock was 32 bucks. so people who held on to it, were believers in martha stewart they have been pretty disappointed last decade. sandra: good point. lawmakers in washington may have found a new financial target for reform. nicole you have that story. >> this is real interesting one. we're talking about stock buybacks, that is with we call them right? senator elizabeth warren recently called them stock manipulation. she sent a 13-pain letter to the securities & exchange commission to consider changing rules of governance for the practice. senator tammy baldwin asked information from the sec asking for analysis of share buyback impact on the economy.
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the issue could become a prominent issue in 2016 for the presidential race as that heats in. critics say buybacks divert money abay from investments in businesses that would help the economy grow. supporters say, share repurchases can create long-term shareholder value if done properly. see that is what you have to consider. are they taking money away from the economy by helping shareholders to stay involved in the company, keep putting money in the company? you have to look at critics and supporters. there are two sides. jamie dimon talked about elizabeth warren recently says she doesn't necessarily have understanding of the global markets and he would be happy to chat with her. maybe he could chat with her as well. sandra: always a bit of problem when those creating laws don't fully understand the landscape of businesses they're trying to regulate. nicole, thank you very much. a bid to head of the greek default and exit from the euro
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after european finance ministers failed to make any breakthrough on bailout talks yesterday in luxembourg. pro-euro demonstrators turning out in athens, calling for end to the deadlock. greek savers have pulled about 2 billion euros out of banks between monday and yesterday since talks with creditors collapses last weekend. athens has until end of the month to make a $1.8 billion debt payment to the international monetary fund. the greek prime minister says he is confident there will be a solution to the greek debt crisis to allow the country to return to growth while staying in the eurozone. the house passing a trade bill that would give fast track trade authority. it was approved with the help of republicans and 28 democrats. the gop controlled senate could take up the bill next week. pope francis this week taking a strong stance on global
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warming. saying humanity's reckless behavior has pushed the planet to a perilless breaking point. but energy ceo robert murray spoke out against pope's statements on "cavuto: coast to coast" yesterday. here is what he said. >> this spoke to go out on a speculative subject such as global warming, he is condemning many more of these billions of people to energy poverty. they want one light bulb. this global warming isn't even happening. sandra: some strong sentiments there. maria said the government's regulations have already caused the company to lay off almost 3,000 workers. some good news for consumers at checkout counter. lawyer rin what is going on there. >> let's go shopping. you might want to whip out the mastercard or visa card next time you hit up a store. here's why. a judge ruling next month stores can offer discounts to customers paying with visa or mastercard.
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they can display a sign in the store showing which sign they prefer. this is why. a court said american express's year's long provision from prohibiting stores favoring cheaper rivals is anti-competitive. since stores can steer you toward a cheaper card you can get a better deal if they lower prices as a result. american express charges very high rates every time you swipe their cards. average is about 2 1/2% of each transaction. card companies overall charge merchants more than $50 billion a year to process transactions that we make. i want to show you shares of the three major card companies in the past year. you can see visa and mastercard are higher. american express shares are struggling though. they're down this year and over the past 52 weeks as well. >> if you're an american express user which i am, you notice that already when you go to stores. some actually ask you when you take out the american express or do you have another card and we don't accept it any longer.
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i certainly faced that as well. sandra: nicole, good point. thank you. an activist hedge fund own as stake in conagra foods. jenna partners takenning a 7.2% stake in the giant. they have hoping to address consistent underperformance since the purchase of rail corp. in 2013. this is the second largest shareholder conagra says the company's shares were undervalued. coming up tough day for tiger woods, poor baby, at u.s. open golf tournament. we'll have the highlights and lowlights. what happened? after yesterday's record close the nasdaq set to snap a three-week losing streak. a look at stock index futures as we head into this friday morning. some green arrows to report there. the dow futures up 11 points following through on yesterday's gains. you're watching "fbn:am," your first look at morning markets and breaking news. ♪
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♪ sandra: welcome back. let's get you caught up on global markets. in asia this morning stocks finished day mostly higher. singapore is up just a fraction of a percent. nikkei a big winner up nearly a fraction of a percent. shanghai fell nearly 6% and is now in correction mode. in europe stocks also trading to the upside. the ftse, the cac and the dax all higher. u.s. stock futures here at home pointing to higher open here on wall street. building on earlier gains dow futures up 24 points as we head into the trading day. turning to sports and u.s. open. it was a rough first round for tiger woods who hasn't won a major title since he won the u.s. open seven years ago.
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he finished tied for 152nd out of 156 players, shooting 10 over 80. beaten by a 15-year-old by the way. the fourth highest score of his professional career. 15 shots behind the leader dustin johnson and henrik stenson. they finished five under. defending champ martin kaymer. watch the u.s. open on fox and fox sports 1. a lot of people watching this one. in baseball, alex rodriguez is one hit away from 3,000 for his career. he collected two hits from miami. carlos belton put the yankees ahead with a two-run homer and yankees won 9-4. ra dickey and his knuckleball handcuffed his former team the mets. toronto swept two straight from the mets with a 7-1 decision. coming up a day of mourning in charleston, south carolina,
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the suspect in the horrific shooting faces a day in court. we'll have the latest on the story for you pro-euro demonstrators turn out in athens we're hearing a change in tone of greece's prime minister. he says quote, he is confident a deal will be done. greece will stay in the eurozone. we'll have the latest on that. checking on the stock futures, up on this friday morning. dow futures up two. nasdaq futures up five. you're watching "fbn:am," your first look at morning markets and breaking news. ♪
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today. in greece the prime minister now says he is confident a debt deal will get done and greece will stay in the eurozone. martha stewart reportedly readying her empire for sale. we'll have the latest there. after yesterday's big rally, u.s. stock futures on the rise following up on those gains yesterday. the dow, nasdaq and s&p all up pointing to a higher open. good morning, everyone, i'm sandra smith joined by lauren simonetti and nicole petallides. welcome to "fbn:am," a first look at what is moving in the markets and latest news and what is expected in day ahead. lauren simonetti you're on the martha stewart story. >> jess we'll follow it for you. sandra: nicole, you're looking at buybacks. >> we call them buybacks but someone is calling them market manipulation. sandra: breaking news, the suspect in the horrific shooting
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in charleston, south carolina facing a bond hearing today. police arrested 21-year-old dylann roof in shelby north carolina, after a citizen spotted her car. >> i was on my way to work. i will be honest, praying for these people and families. i believe it was the lord. i believe god intervened to help me know that it was him. i'm going to tell you, i am no hero. i was scared. i was scared. sandra: he is accused of killing nine people, six women and three men, during a prayer meeting at a historic black church wednesday night. according to his friend, ruth complained that blacks were taking over the world and someone needed to do something about it for the white race. the pastor of the church who is also a state senator was among the victims. roof reportedly used birthday money from his parents to buy the gun. meanwhile on wall street after yesterday's big rally let's take a look at those major averages. major gains so far as we head into the final trading day of
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the week. we're looking at a second straight week of gains for the dow and s&p. both are up more than 1%. the nasdaq hit a intraday record high yesterday, hitting highest point since march of 2000. it also closed at its first record high since may. it is on track to snap a three-week losing streak. up 1.6%. russell 2000 also hit a record high yesterday. all 10 s&p sectors rising yesterday, led by health care, consumer cyclicals. they're all higher for the week. this is a broad-based rally indeed. in asia, stocks finished the day mostly lower. look at the shanghai. look at slide we've seen this past week. as a flood of ipos created concerns about liquidity. around look at it over the last three months. the once high flying index is now down 10% and is officially in correction mode. it is still up by the way 121% from just a year ago. in europe stocks trading to
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the upside this morning. the ftse, the cac and the dax all higher right now. and u.s. stock index futures taking a cue from there. we've got dow futures up 27, s&p up two. nasdaq futures up six. martha stewart, part of the news this morning may be ready to part ways with the empire that bears her name. lauren, you're following all the latest on this one. she's always found a way to make money, do very well. she had her ups and downs but what is the latest now? >> she taught weaving to the prisoners when she was in prison over a decade ago. sandra: of course she did. >> just makes sense. "the wall street journal" is reporting that martha stewart is close to selling her empire which is called martha stewart living omni media to retail licensing company called sequential brands group. you know them for ellen tracy, some of jessica simpson, william rath, that is justin timberlake's company. $370 million sounds like a lot but it was fraction of what it
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once was. the stock price before yesterday's 26% surge was about five bucks. as nicole pointed out it was 32 couple years ago in '05. she built empire of houseware and publications on knack for cooking and housewares. that followed same demise of other media companies. last year they discontinued flagship magazine and handed control over wedding magazines to meredith corporations. martha stewart, 73. she led the company until she was convicted of obstruction of a government investigation into a stock sale back in '04. things have not been looking so good in the past couple years. we'll see if she sells. sandra: martha stewart making people everywhere feel bad the way the parties look. look at pictures in her magazines, you think, why do my parters never look like that? >> i'm interested to understand why now. that is what i was trying to reed up and look. we talked about, they did have a surprise loss in the last quarter. i would like to know why now.
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sandra: if the price is right. >> because media and other media companies are struggling as well. you need to keep it fresh. sandra: lawmakers in washington may have found a new financial target for reform. what now, nicole? >> we talk about overregulation. we talk about the government stepping in. now we're talking about stock buybacks. that's what we call them, right? senator elizabeth warren recently called them stock manipulation. she sent a 30-page letter to the sec asking the sec to consider changing rules governing the practice. meanwhile senator tammy baldwin sent a request for information to the securities & exchange commission asking for analysis of share buybacks impact on the economy. the issue could become more prominent as the 2016 raise for the president heats up. critics saying that buybacks divert money away frown investments in the business that would also help the economy grow. the supporters say share repurchases can create long-term shareholder value if done
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properly. right? if you keep investing in the company, they keep doing research and development. that is the idea behind the buybacks but critics saying it diverts money away. can even gyp the economy ultimately. when we talk about buybacks value, been a recovery since the recession, right? 2014, 500 billion according to goldman sachs. in 2015 looking about 600 billion. sandra: definitely something i know a lot of people i talk to are watching that constantly because it has been a big trend in the markets recently. nicole, thank you very much. european leaders will hold an emergency meeting on monday in a bid to head off greek default an an exit from the euro after eurozone finance ministers failed to make any break through on bailout talks yesterday in luxembourg. pro-euro demonstrators turning out yesterday in athens calling for an end to the deadlock. greek savers have pulled about two billion euros out of banks between monday and wednesday since talks with creditors collapsed last weekend.
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athens has until the end of the month to make a $1.8 billion debt repayment to the international monetary fund. greek prime minister alexis tsipras says he is confident there will be a solution to the greek debt crisis that will allow the country to return to growth while staying in the eurozone. the head of the greek central bank, says the country's banking system remains stable. some good news for consumers at checkout counter. lauren, what do you mean by that? >> you might want to whip out your visa or mastercard the next time you go shopping because a judge ruled next month stores can offer discounts to customers if they pay with visa or mastercard. they can even display a sign in their store showing that the card brands that they prefer. the reason is the court said american express years long provision of prohibiting stores from favoring its cheaper rivals is anti-competitive. so since stores can soon steer you toward a cheaper card you can actually get a better deal. american express as you know charges high rates every time you swipe their plastic. the average is about 2 1/2% of
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each transaction. card companies overall charge merchants more than $50 billion a year to process these transactions. so it is very expensive. we'll show you shares of all three major credit card companies. visa, mastercard, they're up in the past year. american exercise however is struggling. they loss costco deal exclusivity and others. they're under pressure. sandra: amex is still coveted card, if you're a big spender. >> absolutely. i notice at the stores where they say no more american express or do you have another card. cash is king, right? if you really want to negotiate. >> speaking like a greek. sandra: hang out with nicole. sounds like she is doing wheeling and dealing. we have the friday forecast with fox meteorologist janice dean. good morning to you. >> good morning to you, ladies. we'll look how much rainfall we've received over the last 48 hours. tropical storm bill dumping incredible amounts of rain over texas and oklahoma. again in some cases over a foot
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of rainfall. then across the ohio river valley we'll still see the threat for more flooding as we head into the weekend. let's look at your radar over last 18 hours. we're getting relnants of bill across mississippi and tennessee and ohio river valley, eventually moving into the mid-atlantic and northeast. most of the northeast we'll deal with pretty easy-going travel which is good news. there is the travel forecast for the rest of today. sandra, back to you. sandra: janice, thank you. >> you got it. sandra: coming up the success of fitbit ipo light as fire under the ipo market. we'll look at what new stock offering are coming down the pike after yesterday's big rally on wall street. major averages set to close out the week on a high note. it could be the second straight week of gains for the dow, s&p and nasdaq after yesterday's record run. nasdaq poised to snap a three-week losing streak. checking on stock index futures ahead of the opening bell. dow futures continue to move
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higher. dow futures up 26. you're watching fbn a.m. this is your first look at morning markets and breaking news. keep it right there. ♪ behold, these are two wind turbines. can you spot the difference? the wind farm on the right was created using digital models and real world location-based specs that taught it how to follow the wind. so while the ones on the left are waiting, the ones on the right are pulling power out of thin air. pretty impressive, huh? now, two things that are exactly the same have have never been more different. ge software. get connected. get insights. get optimized.
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global markets. in asia stocks finished the day to the upside. nikkei, hang seng, singapore all posted gains. it fell another 6% and now is correction mode. stock market seeing gains in early action. u.s. stock index futures are indicating a higher open following through on yesterday's gains. dow futures building on earlier gains now up 30 points. the ipo market is in focus. it is heating up. nicole has latest there. >> what worries about greece? what worries about the a interest rate hike. fitbit went public. maker of fitness tracking devices jumped nearly 50% in the first day of trading. that is after it sharply raised the size of the deal. "wall street journal" reporting that fitbit's warm welcome on wall street points to continued demand on stocks, despite concerns of greek default and
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federal reserve raising rates. 52 deals are expected to price by end of june. that is one fewer than last year. last year was the most we've seen since the tech boom. coming deals include a steakhouse chain and mind body, developer of software for fitness businesses. transunion and home security company, alarm.com. we saw shake shack. thats with up 125% on its first day. you can take a look yesterday, on "mornings with maria," had on kathleen smith of renaissance. you look at index, ipo. it -- >> it is up 10% this year versus s&p which is up what 3% this year. >> outpacing definitely, not only year-to-date but also fifth two weeks. -- 52 weeks. sandra: a sign of the times when we see deals coming to market. a day of mourning in charleston, south carolina as the suspect that that horrific shooting faces a day in court.
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we'll have the very latest on this for you. change in tone for the greek prime minister after the greek citizens rallied in athens for a end to the deadlock. the prime minister is confident a deal will be done. we'll have latest there. stock futures pointing to a higher open this morning. you're watching "fbn:am." this is your first look at morning markets and breaking news. ♪ hey america, still not sure whether to stay or go to your people? ♪ well this summer, stay with choice hotels twice and get a $50 gift card you can use for just about anything. go you always have a choice. book now at choicehotels.com
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jo breaking news. a day of mourning in charleston, south carolina, while the suspect in the horrific shooting there face as court appearance today. in greece the prime minister now says he is confident a deal will get done and greece will stay in the eurozone martha stewart reportedly readying her empire for sale. we'll have latest there. after yesterday's big rally stock index futures point to higher open, following through on yesterday's big gains.
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good morning. i'm sandra smith joined by lauren simonetti and nicole petallides. "fbn:am," the latest breaking news what you need to expect for the day ahead. lauren, you're watching martha stewart and potential of sale of her empire. >> is she hanging up her apron, selling the business to a company that has a lot of celebrity names under its umbrella. sandra: as far as market fundamentals, nicole, you're watching buybacks. >> this could be issue in presidential race in 2016. elizabeth warren and others looking at buybacks wondering if there is stock manipulation. sandra: they are saying stay out of our business, washington. the horrific shooting in south carolina, the suspect facing a bond he3ing today. the police arrested 21-year-old dylann roof in shelby, north carolina, after a citizen spotted his car. >> i was on my way to work. i will be honest. i was praying for those families
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there. i believe it was the lord, that god intervened to help me know it was him. i am no hero. i was scared. i was scared. sandra: he is accused of killing nine people, six women, and three men during a prayer meeting at a historic black church wednesday evening. according to his friend, roof complained that blacks were taking over the world and said someone needed to do something about it for the white race. the pastor of the church who was also a state senator was among the victims. roof reportedly used birthday money from his parent to buy a gun. meanwhile on wall street, yesterday's big rally. let's look at major gains for the week so far as we head into the final session. we're looking second straight week of gains for the dow and s&p. both are up more than 1%. the nasdaq hit a intraday record high yesterday. hitting highest point since march of 2000. also closed at a record high, it is first since may. it is on track to snap a three-week losing streak. so far up 1.6%.
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small cap stocks doing well. russell 2000, hitting a record high yesterday. all 10 s&p sectors in the green yesterday, led by health care, utilities, and consumer cyclicals, just to give you an idea of the broad based nature of this rally. in asia, we could see markets all trending to the upside in today's session. the but take a look at shanghai. look at slide that we've seen in that composite over the past week as a flood of ipos created liquidity concerns in the market. quite a selloff. look at it over the last three months. once high flying index off 10% from the recent highs making it officially in correction mode. it is up 121% from a year ago. in europe stocks are also trending higher with the ftse in london up .7 of 1%. the rest of the major averages up more than a percent of the is stock index futures here at home pointing to a higher open on wall street following through
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on gains. dow futures up 25 points. martha stewart may be ready to part ways with the empire that bears her name. lauren what is the latest with that. >> "wall street journal" reporting this exclusively that martha stewart is close to selling her empire called martha stewart omni living media to sequential brands group. name behind ellen tracy as well as justin timberlake's clothing line. it has a value of $370 million. it was fraction what it once was. two billion when ipod. 26% surge because of that take over chatter was 59.10. so it has come down significantly. she built her empire on reputation for being a domestic diva. her knack for decorating and cooking really helping her out but she has seen the same demise we've seen from many other media companies. stewart is 73. she leaves the company and -- leads the company and did so until she was convicted of
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obstructing an investigation into a stock sale in 2004. she is creative officer and non-executive chairman of the board. the stock moved so much on this story yesterday, we will continue to follow it. it might be about time for her, selling to to someone who knows what to do with brands with big celebrity names. sandra: now is the time too. m&a activity surged. may we were setting records. this could obviously easily been the biggest m&a activity since the financial crisis. it breeds optimism on wall street to see deals could be made. money is out there. obviously making streamlining companies as well. sandra: nicole you're looking at this story. lawmakers in washington may have found a new financial target. say it ain't so, for financial reform? more regulation? >> more regulation. we're talking about stock buybacks. that is what we've always known them to be called. senator elizabeth warren recently called them stock that minlation. is that what you think? she sent a 13-pain letter to the securities & exchange commission
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asking the age to consider changing rules governing the practice. senator tammy baldwin has sent a request for information to the sec asking for annal sills of share buybacks impact they have on the economy. the issue could become more prominent as the 2016 race for president heats up. critics say these buybacks divert money away from investment in the business and could also help the economy grow. that's what they say. supporters say well, share repurchases create long-term shareholder value. keep investing in the company. more for research and development, help the company continue to grow and keep shareholders interested for the long term. a lot of people obviously believe in the buybacks. that is what we're watching. goldman sachs says 2015 could be 116 billion in buybacks. we're seeing that. sandra: jamie dimon, what he said about elizabeth warren. i don't know she fully understands the global banking system. call me. i can talk to you about it.
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>> warren buffett said similar in the past as well. we'll see if dimon can explain a little more about value of buybacks. sandra: emergency meeting on monday in a bid to head off a greek default and exit is from the euro as euro finance ministers failed to make a breakthrough on bailout talks yesterday in luxembourg. pro-euro demonstrators turning out yesterday in athens as nicole is reporting by the thousands calling for end to the deadlock. greek savers pulled 2 billion euros out of banks between monday and wednesday, just a three-day period since talks with. greek prime minister alexis tsipras now saying he is confident there will be a solution to the greek debt crisis that will allow the country to return to growth while staying in the eurozone. the head of the greek central bank says the country's banking system remains stable. of course the point of the
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central bank saying that, nicole, to lessen this run on the bank there. everybody is drawing their money out. they say everything will be fine. >> this is frightening. they're in stand still. the creditors are fed up. greek people are fed up. the finance minister, everybody is fed up. what is going on with the banks? you've seen some people pulling out money. we talk about a couple of billion in euro just this week. 10-decade low. what is interesting about christine lagarde basically said this meeting on monday, the eurozone summit on monday which is emergency meeting this will be meeting of adults. they will finally be talking again. they haven't been talking. they have been talking through media statements. that is part of the problem. sandra: sip press, is looking to calm the markets. >> right. >> the overall tone he displayed was very confident. those are calling for catastrophe he said it is not going to happen. we'll work something out. >> they have to calm the market. look at the calendar. that is summer vacation time tourists going there. if tourists say look, this
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happened before, i might not be able to take money out of an atm or use credit or debit card they get worried. the biggest travel money provider in britain warned travelers to take enough cash to take them through the entire holiday. that makes me nervous. i don't know if i necessarily book a trip to greece right now. sandra: he put out a notice that meeting monday is positive to a deal. all those betting on crisis scenarios will be proven wrong. so certainly looking to calm the markets, calm the jitters out there. >> he has been very optimistic. there is definitely division between the people and even within the government. let's see if they actually get the deal. the banks may be closed on monday, to your point, lauren. it is also interesting, people going asking hotels about the safe. are your safes good? sandra: as we continue to see the financial community debate and a possible collapse. here we have the u.s. stock market continually hitting
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record high after record high. so at least the jitters are calmed for the time-being, until monday. >> janet yellen, even janet yellen, you knew she couldn't raise rates, right? they don't have labor numbers. they don't have inflation numbers and wildcard of greece. sandra: there is that too. pope francis taking a strong stance on global warming of all things saying humanity es reckless behavior pushed the planet to a perillous breaking. marie energy ceo robert murray spoke out passionately about the pope's statements on "cavuto: coast to coast" yesterday. >> this pope to go out on a speculative subject subject such as global warning he is condemning many more of these billions of people to energy poverty. they want one light bulb. this global warming isn't even happening. sandra: murray also said the government's regulations already caused the company to lay off almost 3,000 workers.
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well, coming up a change in tone for the greek prime minister after greek citizens rallied in athens for an end to the deadlock there. the prime minister saying he is confident a deal will get done. we'll have very latest there. what you need to know for your investments. checking u.s. stock futures ahead of the open on wall street this morning, green arrows across the board. dow futures up 31 points. you're watching fbm a.m. on this friday morning this is the first look at morning markets and breaking news. ♪
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sandra: welcome back on this friday morning. let's get you caught up on global market action. there has been a lot of it. asia seeing the day mostly ending higher but if you look at the shanghai index it was a horrible story there. the shanghai fell another 6%. that index is now in correction mode off 10% from its recent highs. europe's stocks to the upside. the ftse, cac, dax all higher. u.s. stock index futures, take a look, in the green this morning pointing to a higher open. optimism, tsipras says a deal will get done. turning to sports this morning and the u.s. open t was a rough first round for tiger woods who hasn't won a major title since he won the u.s. open seven years ago. well he finished tied for 52nd out of 156 players shooting 10 over 80. the second highest score over his professional year. does then johnson and henrik
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stenson finished 5 under. follow coverage on fox and fox sports one. in baseball alex rodriguez is one hit away from 3,000 for his career. he collected two hits last night against miami. carlos beltran put the yankees ahead to stay with a two-run homer in the 7th inning. yankees win 9-4. national's star out filedder bryce harper hurt his left leg in last night's 5-3 loss to tampa bay. he slip and fell on soggy grass while trying to throw a runner out at home. well then he had to limp off the field, suffering a strained hamstring. he will be reevaluated today. before you head out the door this morning look at friday forecast with fox meteorologist janice dean. >> happy friday, headed for weekend. look at radar. what is left of tropical storm bill as a depression moving across the ohio and tennessee river valley.
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a threat for flooding as we head into the weekend. we could see hit or miss showers across the northeast as this moisture streams on top of area of high pressure, bringing very warm temperatures to the southeast with heat indices over 100 degrees. temperatures across the northeast, overall a pretty good forecast. happy father's day this sunday. first day of summer arrives sunday, sandra. back to you. sandra: you make it sound wonderful, janice. have a great day. we'll run down global market action as we hand it over to maria bartiromo for "mornings with maria." meanwhile keep it right there. ♪
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coming to an end recently. here you have european markets. alexis tsipras the prime minister of greece says a deal will get done. he is optimistic. u.s. stock futures building on gains. nasdaq hitting intraday record high yesterday indicating higher open this morning. will be another big day. over to maria bartiromo with "mornings with maria." it is all yours, maria. maria: see you in about an hour, sandra. it is friday june 19th. with me marion bart tells of bank of america merrill lynch. and jack otter, giving you preview of "barron's" from "barron's" dot-com. breaking news. a country on the brink. several thousand demonstrators rallying europe, in athens, greece. opinion polls showing strong support among greeks remaining inro
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