praxairal gas company in the u.s. and linda will create the biggest supplier and it could be valued at more than $30 billion but it will be subject to scrutiny by antitrust regulators. u.k. inflation accelerated in july in their assigns of a weak pound will fuel further price pressures. the race to the white house, hillary clinton and donald trump agree something is to be done about it and we will hear from wilbur ross and why he is attracted to the donald trump platform and calls hillary clinton in a bad trade. we are about 30 minutes into the trading day in the julie: records where they were yesterday. this is a lot of more morning. we had housing starts rising 2.1%, better than estimated for the fastest pace in five months and consumer prices were not changed last month and then there was bill dudley, the president of the new york fed, saying in an interview that we are getting closer to a rate increase. he says it's a possibility it could happen in september and he says the market is becoming too complacent. futur

posting -- praxair posting earnings this morning.n speaking exclusively to the ceo and those numbers and the outlet. >> -- outlook. we have one of the strongest balance sheets in the copper market. we had the lowest level of debt -- when of the strongest balance sheets in the industry making as stand out. manus: my apologies. but the market wants to see you make inroads on that. >> the focus is protecting the markets and not protecting our debt. if you compare our debt levels this year to the prior year, it is unchanged. we are keeping our balance sheets. that is an important principle we continue to hold. manus: the whole world wants to know if copper will rebalance. we were talking about this meteoric rally of think -- zinc ti don you see rebalancing coming into the copper market. next year. i think we have seen a stronger demand during the first half in china representing 50% of copper demand. the outlook for copper is favorable in the medium-term. in the short-term, there is more production coming into the market so it will be si

markets this deal we were talking about potentially happening yesterday between linda of germany and praxairthe u.s. it would create the largest supplier of industrial gases. citigroup today touring some cold water on this idea saying it would face tough regulatory hurdles the same ones that scuttled another deal. citigroup analysts saying there is no reason to logic that killed that deal would not also prevent this deal from happening. both of these stocks pulling back today. we are watching hospital shares as well. it's a call from j.p. morgan analyst gary taylor. says that total inpatient mission growth in july fell by 2%. procedure growth has decelerated dramatically following strength we have seen earlier in the year. he says third-quarter results are at risk unless august gets materially stronger. ags alliance systems one of the worst performers today. cutting them to neutral. this is a lender and not a tech services company. down by 4%. let's have a look at some of the company moving in europe starting with carlsberg. we are seeing the stock move after the danish rumors reported profi

and the giant, praxair a tie up between the two companies would create the world largest supplier ofustrial gases. any potential merger is going to face scrutiny. shares of slumped and cathay pacific after reported first half profits that would -- that missed. income fell to 45.5 million u.s. dollars. losses from hedging fuel market the gauge from caring more passengers. -- 10:15 u.k. time. that is bloomberg business flash. francine: within the last few minutes we heard that the ways sovereign wealth fund -- that norway's sovereign wealth fund has returned to profit. aton french, when you look what the norwegians put out -- i you said it is difficult not to make money when you look at bonds. this is the division that outperformed. 1.3%, bonds outperforming. really q2 in contrast to q1 where the fund made a loss. it was a much more favorable trading environment for which the sovereign wealth fund to make money. there are two points before we going -- before we go on. there was an interesting report. adding ahead of fiscal events that may change the investment last cake -- investment l

praxairal gas company in the u.s. than $30 billion but it will be subject to scrutiny by antitrust regulators. u.k. inflation accelerated in july in their assigns of a weak pound will fuel further price pressures. the race to the white house, hillary clinton and donald trump agree something is to be done about it and we will hear from wilbur ross and why he is attracted

this is a deal that could likely face push back from regulators in today's trade we're looking at praxairout 5.7%, and linde, up 10%, and currently the only positive sector in today's trade, carl. >> thank you very much. >>> another exciting night at the olympics, our andrew ross sorkin joins us from rio. it wasn't the best day for team usa, right, andrew? >> it was a tough day because we didn't win gold in 29 days. not bad all around. we are still made some medals. it ain't over yet. and of course we're still at the top of the title. in the meantime we want to talk about the business of the olympics because sponsor ship isn't just about apparel, many big brands along with countries have set up hospitality houses, something of an olympic tradition. the heinikin is flowing at the rio de jeneiro, where thousands of visitors pour in to soak up the sun and the suds. >> it's almost part of the olympic culture. >> also known as the heinikin house, it was a pioneer in the olympic houses started back in 1992. since then the number of them has grown, as of the size of them. at the swiss house you

benefiting from the stabilization and energy prices, grass per yield and mna, including monsanto, and praxairnd eco lab, supplier to restaurants and bars and a bet on u.s. consumers, names to keep an eye on potentially. kelly? >> yes, seema, thank you. >>> what other stocks can soar over the next year? welcome to you both. david, who do you think can rise 50% here? >> yeah, tell us, david. >> here is the recipe for trying to find these companies. number one, is there mistrust or doubtfulness in investor sentiment. second is the company's fundamentals improving from off the bottom? is it still trading well below its high over the last couple years? and to that end i think generalcy and wyoming, smaller white rail that operate in the mid cap area has the potential to do that. there are seven buys and six holds on wall street. still trading well below the 2015 high of $105 a share. fundamentals are clearly improving the stock is up substantially. off its february lows. and importantly, they are growing their free cash flow and you know i like free cash flow yield. this company is generating 6% f