tv FBN AM FOX Business June 26, 2015 5:00am-6:01am EDT
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sandra: breaking news this friday morning, stocks sinking in china. the shanghai index down more than 7% overnight. the chinese selloff not hitting u.s. stocks at least for now. stock futures mixed ahead of the opening bell on wall street. the supreme court expected to issue more major rulings today. gay marriage could be on today's docket. after the obamacare ruling health insurers are cutting deals. we'll look who may be heading to the alter. good morning. i'm sandra smith joined by lauren simonetti and nicole petallides.
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welcome to "fbn:am." your breaking news. >> two rulings coming out later this morning. one whether the supreme court will say green groups overstepped their bounds trying to regulate emissions from power plants that are very expensive. sandra: nicole, you look at changing landscape for health care after the obama decision. >> tvs around the country were tuned into the supreme court decision yesterday upholding obama care subsidies. we'll talk about some health care companies as well. sandra: great. we'll get to that in a second. more on the dramatic selloff we're seeing in the asian stock market. the shanghai composite is down more than 7% as analysts warned the market sustained -- obtained unsustainable levels. it was one of the most successful markets last year. we told you the market is in correction mode, down 10% from the recent highs. it is in a bear market down 19%.
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bear market territory would be a selloff of 20% or more. overall in asia stocks finished lower. nikkei sinking a third of a percent. of the hang seng a nearly 2% drop. in singapore a drop of 24 points or .7 of 1%. looking at european stock markets as they trade this friday morning, european markets, ftse down off more than a percent. the cac and dax a percent lower. dow futures as we kick off this hour, dow futures in the green. s&p and nasdaq lower. mixed trading here. softness in asia not translating into weakless lness here at home -- weakness here at home yet. after the big decision yesterday, lauren will follow that for us. what do you have? >> businesses are watching for a decision on a challenge to an epa rule that would force and coal and oil-fired plants to reduce emissions of mercury and other toxic air pollutants.
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the question whether epa took into account estimated $9.6 billion annual price tag for these regulations. want to point out really quickly, looking at coal stocks this year, crushed, down 70, 80%, for arch coal and peabody and others. whether the constitution allows states to ban same sex marriage and whether states can refuse to regular noise marriages in other states where marriage is legal. sandra. sandra: thank you very much, lauren. more deals expected in the health industry. the supreme court held up a challenge to the affordable care act. nicole with the latest on that. >> very interesting. yesterday wall street was tuned in. america was tuned in. we're talking about some of the industry's biggest players looking to cut administrative costs and negotiate lower price with doctors, hospitals. aetna close to buying it rival humana which also received an offer from cigna. a deal between aetna and humana
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could be signed as early as this weekend according to bloomberg. meanwhile anthem offered to acquire its smaller rival cigna for $47 billion. these are no small deals we're talking about. cigna rejected the proposal saying it was not in the best interest of shareholders. aetna shares jumped to records in yesterday's trading session on word that a deal could be close. cigna shares touching a record high before paring some of the gains. so after the ruling we saw hospital stocks surge. we saw health care stocks surge. and deal-making is now front and center for these big insurers. sandra: all right. we could end up with a couple really big health care companies in the united states eventually. nicole, thank you very much. time's running out for greece after the country failed yet again to clinch a deal with international creditors on a bailout plan. the two sides will now meet tomorrow in a last-ditch effort to avoid a default on a loan payment due early next week. a meeting of eurozone finance ministers broke up yesterday over a disagreement on the greek
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rescue package. they plan to meet again on saturday. german chancellor angela merkel reportedly saying there must be a debt deal with greece before financial markets reopen on monday. germany is greece's biggest creditor. according to a greek government official, prime minister tsipras is due to talks with merkel and france's hollande today. all that will play a big part how markets close on this friday afternoon. whether or not you want to hold positions heading into weekend like that. nike and mike controlling technology out with the latest quarterly results. nicole has those numbers for us. >> let's take a look. nike likely to be a big one on the upside. sending those shares up more than 2% in the after-hours. you will look for all-time highs again. we'll see. the world's largest footwear-maker reported better than expected for the 8th straight quarter.
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nike had rise in what it calls future orders. the company earned 98 cents a share, beating the estimate by 15 cents. revenue rose to $7.8 billion which was above expectations. turn that around. micron technologies will have a down taro, shares were down more than 10% actually after its earnings came in below expectations hurt by lower selling prices. chipmaker issued a disappointing revenue forecast for the current quarter. a current third quarter profit of 54 cents a share. guess what? that missed by two cents. revenue fell coming in below forecast. they're not seeing demand for chips for pc's and demand for smartphones and cameras alike. going forward their future orders are under pressure unlike nike which has basketball share. deals with the nba coming up. the olympics are coming up. a lot to watch more on nike.
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sandra: nicole, thank you. then there is this. barry diller looking for love from investors for his dating business. lauren on that one. >> tinder, cupid, match.com, iac/interactive. they're planning an ipo for the matchmaking group. they have nearly 3 1/2 million subscribers but wedding bells may not be in their future. seems like everyone is online or app dating but the services don't bring in as much money you expect. slightly odd, what tinder costs $10 a month, if you're under 30 years old, $20 if you're over30. marketing costs are huge. apple app store has more than 500 dating apps. here is the good news. match was struggling and reported a rise in paid dating subscriptions in the first three months of the year. the group's revenue rose 6% all of last year. 240 million in operating profit.
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iac chairman barry diller credits the match group with quadruple being the company's stock price. alarm.com, begins trading as a public company. the stock price at $14 a share last night, middle of the range. the market valuation here is $628 million. alarm.com allows homes and business owners to control security systems remotely. ticker a alrm. sandra: just going to ask you that, alrm, got it. lauren, thank you. donald trump making headlines again. univision has canceled its miss usa broadcast and severs its mess universe relationship with donald trump over what they called insulting remarks about mexican immigrants. trumps was on the reel story with gretchen carlson yesterday and plans to sue the biggest language broadcaster in the is
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with breach of contract. >> of course i have a signed contract. five years they have to pay me $15 million. i have a signed contract. they called me up today and apologized. sandra: trump says that his comments were directed towards u.s. policymakers and not the mexican people or government. univision is ending reportedly five-year deal to broadcast and coproduce the miss usa and miss universe pageants. nine people including a pilot on a sightseeing airplane died when they crashed in southeastern alaska. they were traveling on board holland-america's ship and booked excursion through the plane line. it was spotted 800 miles from anchorage. bad weatherer kept rescuers from reaching bodies but relief efforts will resume this morn snook. >> new developments in the hillary clinton email scandal. state department says she did not turn over all her work-related emails. 15 emails that long time
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confidante sidney blumenthal gave to the benghazi committee can't be found in the clinton archives. the officials said we do not recognize many of those materials and can not speak to their origin. today's headlines in the the edition of "wall street journal." canadian drugmaker has made a preliminary approach to buy animal health giant spun off from pfizer. paris confronts airbnb rapid growth. paris is air nbn biggest market. they ramped up inspections that tourists are pushing residents out of the city center. the politics behind chief justice john roberts and obama care on the op ed. nba draft, not all fans were happy by their team pick. new york knicks fans actually booed their team choice. we will have the picks and pans.
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sandra: welcome back on this friday morning. let's get you caught up on global markets. a lot of action in the asian markets overnight. adriatic selloff in china. -- a dramatic selloff in china. analysts warned that the market there reached unsustainable levels. a lot of talk about a bubble. it was one of the best performing global markets last
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year. last week we told but the market being in correction mode, off more than 10% off the recent highs. now it is on the verge of a bear market, off 19% from those highs. overall asian stocks finished the day lower. the nikkei also down. hang seng and singapore to the downside. in europe the stock market trading there is also some negative sentiment. ftse, cac and the dax all lower, led by the ftse in london off more than a percent. here at home not big selling happening here but mostly to the downside with s&p and nasdaq futures lower. dow futures holding on to slight gain. turning to sports the nba held its annual draft last night. kentucky center karl-anthony towns went first. the minnesota timberwolves faking them with their first ever number one election. the six foot 11 towns averaged 10 points and six rebounds a game. the l.a. lakers picked second taking guard d'angelo russell in ohio state. he was decked out in a jacket,
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bow tie and shoes that matched his buckeye school colors. the lakers passed over duke center jahlil okafor who was taken third by the philadelphia 76ers. knicks went with the center from latvia, chris kristaps porzingi. knicker fans were not happy showing their disappointment. it was all houston would need. astros pitcher dallas kuech-l, stuck out career-high 12, including alex rodriguez three times. ouch. coming up that now that obamacare is apparently here to stay, the big insurers and hospital companies like aetna, humana, cigna, jockeying to find the best match. we'll look at possible matchups.
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wall street. dow futures even posting a slight gain of 11 points. the supreme court expected to issue more major rulings today. gay marriage could be on the docket. after obama care ruling health insurers are rushing to cut deals. we'll look who may be heading to the alter. i'm sandra smith joined by lauren simonetti and nicole petallides. welcome to "fbn: a.m." with your first look at markets and what to expect for the day ahead. let's start with the dramatic selloff happening in china. shanghai composite off more than 7% as analyst there is have been warning that this market may have reached unsustainable levels. it was one of the best performing global markets last year. last week we told but the market being in correction mode, off more than 10% from its recent highs. well now, it is on the verge of a bear market, off 19%. overall asian stocks finished the day lower. looking at shanghai composite lower but the nikkei, hang seng, all major averages to the
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downside. in europe looking at the ftse, the cac and dax all trading in negative territory. the ftse in london leading way down off a full%. u.s. stock futures look like this right now at 5:21 a.m. eastern time. dow futures posting a gain of 12 points. s&p futures just moving into positive territory now. nasdaq futures still slightly lower. the supreme court could announce more key rulings today. a busy week. lauren following all of that. >> we're looking at mercury emissions and same section marriage. we're watching a decision first on a challenge to the epa rule that would force coal-fired plants to reduce mercury and other toxic air poe out lantz. the question whether the epa took into account the estimated $9.6 billion annual price tag for the regulations. another big case on the docket today could come down whether the constitution allows states to ban same-sex marriage. whether states can refuse to recognize marriages of same-sex
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couples in another state where it is legal, sandra. huge business implications for both these stories. >> absolutely. a major talking point in business today. meanwhile a lot of deals are expected expected in the health care industry now that the supreme court upheld this decision on the affordable care act. >> right. the supreme court is front and center this week. yesterday all tvs were tuned around america to the decision holding up subsidies for the affordable care act. meantime we saw some stocks soaring in the health care industry. we talked about industry biggest players who are looking to cut administrative costs, negotiate lower prices with doctors and hospitals. aetna reportedly close to buying its rival humana which also received an offer from cigna. a deal between aetna and humana could be signed as early as this weekend according to bloomberg. meanwhile anthem offered to acquire its smaller rival cigna for $47 billion. these are no small deals, folks.
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but cigna has rejected the proposal saying it was not in the best interests of shareholders. aetna shares jumped to a record in yesterday's session. that deal could be close at hand. cigna shares touching a record high before paring some gains. they can't have all of them merge. only a few of them can get together to get the regulatory approval. there is somewhat of a race going on between the big five insurers to see who can pair up to cut administrative costs to get better deals from hospitals and doctors and the like. sandra: nicole. thank you. i want to break in. we have breaking news happening now. this is according to the sky news newsdesk. we're waiting to confirm this independently here at fox. but, we are getting reports of a beheading, a man beheaded. islamic flag raised in france. again this is a breaking story right now but we are getting reports that a man has been decapitated and an islamic flag has been raised near a french factory in grenoble according to
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reports. there is reports of a loud explosion at the factory and several other victims. sources said at least one arrest had been made though there are also reports of two attackers, both carrying reportedly islamic flags. so this is all happening and developing right now. we're going to be on this and continue to bring you all the developments on this. a man beheaded and an islamic flag raised in france according to reports right now. we'll con it to watch the story, bring you all breaking details out of it as it happens. meanwhile we'll watch any reaction from markets. markets, nicole, lauren, been reacting to these stories as they have unfolded as this situation over there progresses and continues, causes more uncertainty as far as the fight against these islamic terrorists. on the floor. >> absolutely. every headline, every global headline how it could affect our markets is something front and center. terrorism is a topic everybody
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on wall street watches closely. they watch everything else going on as well. sandra: we'll continue to watch all this for you. we'll bring you anything as it happens. time is running out for greece meanwhile as the country failed yet again to reach a deal with creditors. prime minister tsipras is due to hold talks with german chancellor angela merkel and francois holl land today. merkel reportedly saying there must be a debt deal with greece before financial markets reopen on monday. athens and creditors will resume talks tomorrow. barry diller looking for love from investors for his dating business. lauren is on that story for us this morning. and a lot of people on match.com, as a result there will probably be a lot of demand and interest in the company going public. >> one of those popular stocks we'll talk about, come on, dating and hooking up. it is owner of tinder, okay cupid and match, iac/interactive. they're planning to go public for their matchmaking group.
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that will happen likely in the fourth quarter. they have 3 1/2 million subscribers. that is a lot of people paying to use the services but wedding bells not in their future possibly. this is why. seems like everyone is online dating or app dating but the services don't bring in as much money as you might expect. slightly odd considering, what tinder costs $10 a month if you're under 30, 20 bucks if you're over30. match, okay cupid are expensive as well. marketing costs for services are big. if you look at app store and apple there are more than 500 dating apps. there is competition. here is the good news. match was struggling. finally reported a rise in paid dating subscriptions in the first quarter. the group's revenue rose six percent last year. 240 million was the operating profit. the stock has done really well over the past five years. like i noted earlier it is up 250%. also today on the nasdaq, alarm.com begins its trading as a public company. the pricing of the stock, 14
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bucks a share, middle of the range. this implies market valuation of $628in. what alarm.com does is allow homes of owners and businesses to control security systems and devices remotely. shares trade on nasdaq later this morning. the ticker is alrm. sandra? sandra: thank you, lauren. before you head out the door let's look at your friday forecast. fox meteorologist maria molina. >> hi, everybody at home. we're tracking several storm systems across the country and several big headlines as we head into the weekend. one storm system will produce more showers and storms. it will be pretty widespread area across the country. new mexico and southeastern arizona you could look at showers and storms. as we head farther east anywhere from eastern oklahoma and parts of virginia you do have slight risk for severe storms. more enhanced across parts of kentucky and in tennessee. large hail and damaging winds the main concern. that risk continues to move
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eastward across parts of the mid-atlantic as we head into your saturday. sandra, big story across parts of the southeast, heat continues and heat building across the west. 97 degrees across parts of western montana for today's high temperature. let's head over to you. sandra: thank you. looks like warm temperatures across the country today. we'll bring you very latest on reports coming out of france, grenoble, france, on a terrorist attack. meanwhile taylor swift has a change of heart, for the first time allows an album of hers to be streamed. we'll have details on that. another big move down for chinese stocks. the shanghai stock index down over 6%, moving into bear market territory. the volatility in china not playing out in other global markets however. look at stock index futures, up 11 points for the dow. s&p and nasdaq futures are loyer. you're watching "fbn: a.m.," your first look at morning markets and breaking news. ♪
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unsustainable at these levels. was one of the best global performing markets last year. things are quickly changing. we told you about the market correction last week, entering into bear market territory now with it off 19%. overall in asia stocks finished the day lower. european markets also trending to the downside. here at home markets are trading somewhat mixed anticipating a report out on consumer sentiment later in the morning but also watching this. we've got breaking news coming in right now from france. french media report about a man decapitated and suspected islamic attack. we now know at least one person has died and several people were hurt after this attack on a gas factory near grenoble, central france. this is central southeast france. this happening just moments ago. we're getting reports of this right now. we're waiting to independently confirm how many victims were
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part of this attack. but the french media reporting that the man was decapitated. the attacker was reportedly carrying an islamic flag when he entered the gas factory. we don't have any further details than that right now. but one other update to this. as this continues to develop. we now know that the, the french interior minister is enroute to the site of the attack in southeastern france. this is breaking right now. we will continue to bring you all the details out of this story as it happens, nicole. >> i'm also seeing sources said at least one arrest has been made, two attackers, both with the islamist flags. a loud explosion within the factory. and of course france, of course has been tracking, hundreds of people believed to have been in terrorist sleeper cells. they have had the paris terrorist attacks already.
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this is obviously an ongoing issue. now obviously reported decapitation. >> this gas factory we're referencing was an air products firm. this according to the bureau in london. the man entered the building at 9:50 a.m. london time, saying he was a member of isis. also allegedly isis flags in his hand as he entered the building. the man was beheaded at the entrance. all according to our fnc london bureau right now. we'll continue to bring you all the latest breaking details on that. welcoming up we'll update you on the attack in france and also talking about deal-making this morning. obamacare is now here to stay. that is affecting a lot of insurance companies like aetna, humana, anthem, cigna, jockeying to find the best match. speaking much matches, talking about barry diller and match.com public. they might want to think twice
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about falling in love with that dating site. checking stock futures up. s&p futures unchanged. s&p futures to the downside. by definition some mixed market action. no movement on stock index futures as this news continues to break out of france this morning. you're watching "fbn: a.m.," your first look at morning markets and breaking news. keep it here. ♪
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sandra: all right, more on the french media reports that a man has been decapitated near this factory in grenoble, france, where an isis flag was found near the scene. we now know details. at least 10 people were wounded in the attack. the company is called air products. it is a gas company, an industrial company if you will. we have images of that gas factory coming out of grenoble,
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france. that is what you see on the screen as well as positioning of grenoble in the country of france. it is southeast france. those are shots of the gas factory in the lower right-hand corner of your screen now. we now know police and firemen are on the scene. according to a local deputy, definitely a terrorist attack. this is confirmed now. from the fnc london bureau, local reports say that the man was known to authorities. we know at this point in time. so 10 people wounded. a man decapitated at the entrance of the gas factory. the exact location is san quentin in grenoble, france. the company is called air products. we know police, firemen rushing to the scene there, according to a local deputy. this is being labeled a terrorist attack. we'll continue to bring you all breaking details out of this report and out of this story as it continues to happen. lauren, you have something? >> this is gruesome and coming from "the daily mail." the man
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who was decapitated, his head was reportedly found on a fence 30 feet away from his body. the local media according to "the daily mail," there were explosion at the site because many gas bombs were being thrown at that time. sandra: there were several more victims as well. >> paints a picture of what people in this country are familiar with regarding what happened with the "charlie hebdo" magazine killing that killed 17 people in that instance. for this area it is not a good situation. the markets are basically over in france where they were when this started in negative territory but we haven't seen any dramatic market moves since these reports are coming out. >> our london bureau is reporting that the man beheaded was not an employee of the company. but again, these details are all still unfolding but first reports out of sky news, our london bureau hasn'tly confirmed this now and is labeling this --
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>> talking about two attackers, islamic flags, at least 10 wounded and decapitated as well. they have been following hundreds of terrorist sleeper cells in france. and, as you said this particular attacker was known to them. this is one arrest now that has been made. sandra: we'll continue to watch this story and reaction in the markets as it happens. we'll bring you every single breaking detail out of this. let's get you caught up on the global markets. we saw a selloff happening in asia overnight. this is the big story as far as markets are concerned, that bubble atmosphere unfolding as we see the shanghai composite losing more steam, now off more than 7% in today's trading, entering into possibly bear market territory, off 20% from the recent highs. a lot of analysts have been warning it reached unsustainable less. this has been one of the best performing global markets over the past year. still up over the past year but
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has been taking a significant dive. last week we told you about it being a market correction but again that would be off 10% from the highs. we're looking at it off 19% from the recent highs. overall in asia stocks finished day lower in europe. a lot of weakness as well, looking at ftse in london, the biggest loser off .9 of 1%. watching reaction in cac in france. not a big reaction this terrorist report coming out of france. u.s. stocks index futures have come way off of their highs. dow futures up three point now. s&p and nasdaq futures turned negative. supreme court could announce more major rulings today. lauren, following all of that for us. what are we expecting this friday? >> when we get these decisions we really see the market move in related stocks. so businesses today are watching for a decision on a challenge to an epa rule that would force coal and oil-fired plants to reduce emissions of mercury and other toxic air pollutants.
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the question whether epa took into account estimated $9.6 billion annual price tag for the regulations. another big state on the docket whether the constitution allows states to ban same-sex marriage and whether states can refuse to recognize marriages of same-sex coupleses married in another state where the same-sex marriage is legal. coal stocks, alpha natural resource, peabody, are down 70%, almost 80% in some cases this is a sector that has been crushed very hard. sandra: lauren, thank you. more deals expected in the health care industry now that the supreme court upheld a challenge to the affordable care act. nicole is here with that story. >> tvs around america were tuned to the supreme court decision upheld holding hose subsidies. health care stocks surged to new highs and industry biggest players looking to cut administrative costs, negotiate
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lower prices with doctors and hospitals. aetna reportedly close to buying its rival humana which also received an offer from cigna. a deal between aetna and cigna could be signed earlier this weekend according to bloomberg. anthem offered to acquire its smaller rival cigna for $47 billion. these are not small dials. cigna rejected that proposal saying it was not in the best interest of shareholders. cigna shares also touching a record high before paring some gains. so we'll be watching the group closely. only a few of these guys can get together, these companies. talk about the five big insurers, humana is smallest of the rivals for the most part. only get a few regulatory approvals. they're rushing to see where they can make deals. today will be a heavy trading day as well for all the people on wall street. it is the russell reshuffle. so you expect certainly big volume today as they redo the russell indices as they do once a year. we'll see volume on wall street
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today. >> a huge amount of money is tied to the russell. we'll see volume and volatility. sandra: time is running out for greece after the country failed yet again to ink a deal winter national creditors on a bailout plan. according to greek government officials, prime minister tsipras is due to hold tax talks with germany's angela merkel and france's francois hollande. merkel says there must be a debt deal with greece before financial markets reopen on monday. athens and creditors will resume talks tomorrow. we have the latest for you on the attack in france. a french security officials says an attack and explosion at a gas factory in southeastern france has left one person dead. the dead person was found decapitated outside of the entrance to the factory. france's top security official was rushing to the scene. the officials said two attackers arrived in a car bearing banners written in arabic and set off an
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explosion. one of the attackers has been arrested. we'll keep bringing you all of the latest details out of this attack in france. meanwhile check futures right now. we have been seeing some mixed trading as far as stock index futures are concerned. but as reports of this attack have been coming out of france, you are starting to see some weakness here in u.s. markets. u.s. dow futures now off two points. they have been higher for most of the morning, particularly since we started off this hour. s&p and nasdaq futures also lower. we'll continue to look at this story, this attack in france. this terrorist attack. and all reaction in the markets. we'll be right back.
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here is the latest we have on this attack in the southeast of france. a french security official says an attack and explosion at a gas factory in southeast france has left one person dead. the dead person was found decapitated outside of the entrance to the factory. france's top security official was rushing on to the scene. the official said two attackers arrived in a car bearing banners written in arabic and set off an explosion. one of the attackers was arrest. we have some pictures for you as far as the location of this attack southeast france outside of grenoble. this is a small town actually 20 miles southeast of lie on. -- lyon. as we see details, nicole, you have something. >> the prime minister is beefing up security in france as well.
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the terrorist, the attacker was known to authorities. there were two attackers, now they are intensifying security in france which already had terrorist attacks and sleeper cells which they're following closely. >> they're looking at a message in arabic that might have been on one of the bodies that was killed. sandra: the actual town, this is small town 20 miles southeast of lyon. coming from fox news channel's greg palkot out of our london bureau. 20 miles southeast of lyon, gas factory, air products the name of the factory. latest details coming from our producers on the ground there, about 10 people wounded in this attack. the company is called air products. there are police cars. there are fire, firemen on the scene right now. according to a local deputy. they are labeling this indeed
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already a terrorist attack that is being confirmed. this decapitation and other victims happening at this gas factory in the southeast of france. it is being labeled a terrorist attack. more details surely to emerge here. this is just unfolding right now. let's get a check of your global markets right now because we have seen some reaction here at home but first that dramatic selloff in asia. approaching bear market territory. it was up 19%. analysts have been warning market reached unsustainable levels. look at reaction in asian markets in overnight trading including shanghai composite. you have the cac, the dax, trading to the downside. footsie in london is biggest
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loser. the cac turned further. we've been market reaction. the cac and dax are off .6 of a percent. they have fallen further into negative territory. u.s. stock index futures were mixed to slightly higher in the overnight session are down across the board. all futures are lower. we'll take a quick break as we watch commodity prices and reaction to the terror attack in france. we'll be right back.
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sandra: all right, here's the latest on the attack in france. a french security official says an attack an explosion at a gas factory in southeastern france has left one person dead. the dead person was found decapitated outside of the entrance to the factory. france's top security official was rushing to the scene. you're seeing the building of the air products factory which this took place in the southeast
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of france. the official said two attackers arrived at this facility in a car bearing banners written in arabic and set off an explosion. one of the attackers was arrested. these are all the latest breaking details that we have on this story. as they continue to come in, something we're watching. we're certainly watching for market reaction and global markets, lauren? >> quickly because this is business implication here. reuters is reporting that the site where the attack occurred at 9:50 local time, the air products factory, it belonged to air products, u.s. based industrial gas technology company. they are reporting that link. sandra: that is new jersey based company. i interviewed the ceo at their facilities. obviously this is a facility located in the southeast of france 20 miles outside of lyon. look at u.s. futures. european futures down. the cac in france as this terror
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report comes out is done. look at stock index futures. they have been mixed for most of the morning. but here you have all of them turning to the downside. dow, s&p and nasdaq futures down, kicking off the 6:00 a.m. hour on the east coast as these reports out of france of a terrorist attack continue to unfold. now to dagen mcdowell in for maria bartiromo. "mornings with maria" over to you. >> here i am, sandra. i am here. i'm happy you're back, sandra. see you in an hour, we're following breaking news in the latest developments out of france. at least one person is dead at factory near the city of grenoble. french media is reporting that the victim was decapitated by a terrorist who left an islamic flag on the ground. there are reports of others injured after a man allegedly burst into an office near the eastern city of grenoble carrying an islamic banner or flag. also reports of an explosion at the business believed to belong
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