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nicole, talk of the floor, is it the avon thing?gus news release. >> they're going to hold onto avon, tom brady appealing now the last final minutes. i can tell you why the hotels are expensive. because much the up-fronts where shows launch for the fall and everyone comes to new york to pitch it. apple, microsoft, google, facebook, leading the way on this market. little bit lighter volume, so be careful of the pulls. not sure how much conviction on the move. liz: we are three points above an all-time record close for the s&p. todd colvin, the number one thing to watch from the cme? >> i think right now look at the bond market which has gone the through quarterly re-funding, seen fields rise in the highest all year, and this could be a buy opportunity ahead of next week's fomc minutes which will tell us when the fed is going to be raising rates and some of the inflation scare and rate hike scare could be going by the wayside. liz: sounds like it. thanks to all of you. one of the big headlines in the last couple of minutes. tom brady
nicole, talk of the floor, is it the avon thing?gus news release. >> they're going to hold onto avon, tom brady appealing now the last final minutes. i can tell you why the hotels are expensive. because much the up-fronts where shows launch for the fall and everyone comes to new york to pitch it. apple, microsoft, google, facebook, leading the way on this market. little bit lighter volume, so be careful of the pulls. not sure how much conviction on the move. liz: we are three points above...
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joe, avon as a company? it's been beleaguered. >> it's a company that's very sensitive economically to a lot of the commodity nations. and that's been its largest problem. you could make an argument from a fundamental standpoint that the improvement in commodity price something going to help the company out longer-term. is it a reason to step in today and play on an 8% move? absolutely not. so -- >> we'll keep you posted on the developments concerning avon. halted three times, it is now trading. >>> coming up, a short seller firing a warning shot about a hedge fund favorite and an analyst who says the name is a buy. we've got that battleground stock coming up. >>> two retail names under pressure, an opportunity to go bargain shopping? we've got the trades. >>> and number 23 on cnbc's discorrupter 50 list is here to tell us how he is shaking up the way millennials invest. that and more ahead on the half. but what if you could see more of what you wanted to know? with fidelity's new active trader pro investing
joe, avon as a company? it's been beleaguered. >> it's a company that's very sensitive economically to a lot of the commodity nations. and that's been its largest problem. you could make an argument from a fundamental standpoint that the improvement in commodity price something going to help the company out longer-term. is it a reason to step in today and play on an 8% move? absolutely not. so -- >> we'll keep you posted on the developments concerning avon. halted three times, it is...
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in avon.ee. >> obviously the struggles in latin america, 4-x struggles, even stateside have been well documented, that's a massive premium for a stock that's had trouble for a long time. >>> in case you missed it, walmart is going after amazon. the company testing a new unlimited shipping service this summer. that's going to cost $50 a year. below the $99 you pay for a year of amazon prime. unclear whether they're guaranteeing you'll get your goods in two days. the service sinvy tags only. unlike amazon it doesn't include movies or music or original content. at least not yet. but it sounds like they are willing to maybe bundle in some other things down the line. >> we talked with cramer this morning about prime has not seen a lot of resistance at $99. but maybe a walmart customer thinks it is pricey and that $50 is more reasonable. >> they've got to include mobile in this. i mean i'm a customer who shops through my smartphone all the time. the fact that amazon has easy quick buying through pri
in avon.ee. >> obviously the struggles in latin america, 4-x struggles, even stateside have been well documented, that's a massive premium for a stock that's had trouble for a long time. >>> in case you missed it, walmart is going after amazon. the company testing a new unlimited shipping service this summer. that's going to cost $50 a year. below the $99 you pay for a year of amazon prime. unclear whether they're guaranteeing you'll get your goods in two days. the service sinvy...
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. >>> cool is calling avon. a takeover offer sends shares soaring but the problem is it went real. >> food figh grocery bill. all of that for "nightly business on thursday may, 14th. >>> good evening and welcome. rally day on wall street. stocks took off after the opening bell and really didn't look back. the s&p 500 finished at a record. the dow jones is just a point away from one. the reason, the win behaves and the dollar declined and by close the dow jones industrial o 18252 and the nasdaq gains nine and the s&p 500 gains two points to 2121 which is a new high. much of the focus is on the dollar falling back after climbing sharply. the greenback is headed for a fifth weekly decline. sara ize an looks at the trend and what top strategist says could happen next. >> from earnings to economy, the dollar moves are making waves. after a runup the dollar has plunge to a four month low. getting whacked on weak u.s. economic data most recently disappointing retail sales. but the bulls are han in there. strategy edgis
. >>> cool is calling avon. a takeover offer sends shares soaring but the problem is it went real. >> food figh grocery bill. all of that for "nightly business on thursday may, 14th. >>> good evening and welcome. rally day on wall street. stocks took off after the opening bell and really didn't look back. the s&p 500 finished at a record. the dow jones is just a point away from one. the reason, the win behaves and the dollar declined and by close the dow jones...
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coming up who is calling avon? shares of the company spike on a mystery takeover bid that turns out to be a hoax. raising concerns around regulation. more on that story coming up. more and more, data is visual. in fact, the number of mris has increased by ten percent a year. and a radiologist might view a thousand images to find one tiny abnormality in shape, contrast or movement. because it's so challenging a research project is teaching ibm watson to see. in the future, it could help clinicians spot key patterns quickly and precisely. ibm watson is working to make healthcare smarter every day. >>> welcome back. the secret service arrested a man for flying a small drone near the white house. it's the latest incident in some of the most tightly controlled air space in the world. let's get more from washington. >> good morning, seema. the secret service moved very quickly on this one. the park on the north side of the white house was placed on lock down. the secret service noticed something hovering around the white
coming up who is calling avon? shares of the company spike on a mystery takeover bid that turns out to be a hoax. raising concerns around regulation. more on that story coming up. more and more, data is visual. in fact, the number of mris has increased by ten percent a year. and a radiologist might view a thousand images to find one tiny abnormality in shape, contrast or movement. because it's so challenging a research project is teaching ibm watson to see. in the future, it could help...
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out of new york on avon. you can get more on that story and all the day's top stories on the new digital destination. and that television content all-in-one. musk's race for space and why it almost killed his tesla empire. plus, the company that has changed the way it presents its burgers so that they look better on instagram. bloomberg.com. check it out. toshiba to be facing an independent investigation. experts expanded the scope of the inquiry beyond infrastructure projects. timing now look at the of booking expenses and inventory evaluation. the external audit is in addition. 420 may cut profits by million dollars. and for your profit rose to $279 million. the airline said cost savings having to do with hedges on oil. economy, the investment will improve teacher performance. and short seller carson block it defended his move saying is "a very bad company." the founder has previously questioned cash flow management. he spoke after publication of another research that criticized its accounting practices. he
out of new york on avon. you can get more on that story and all the day's top stories on the new digital destination. and that television content all-in-one. musk's race for space and why it almost killed his tesla empire. plus, the company that has changed the way it presents its burgers so that they look better on instagram. bloomberg.com. check it out. toshiba to be facing an independent investigation. experts expanded the scope of the inquiry beyond infrastructure projects. timing now look...
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they said they had made an offer for avon.icked up by the media and the shares go flying. it did not take long for everybody to figure out that something was amiss. guy: tpg should have been a clue. guest: they did by avon in japan years ago. they claim to be based and said they had no record of any such company. a phone call to the number listed, nobody picked up. that in another itself is an impossible. someone was having a bit of fun are trying to make some money off a quick hop in avon shares and they did go up about 20%. guy: in terms of the just ask, how can you make this happen? this has happened, is it still just as easy to make it happen? if this is an open forum in which things can be filed and easy to do, they scrape the data. that sounds like something hard to keep this from happening. guest: one of the other factors we have not talked about is the financial markets are a hair trigger because of high-frequency trading. when something moves, it moves very fast on fragment three information. if it was not spoofing th
they said they had made an offer for avon.icked up by the media and the shares go flying. it did not take long for everybody to figure out that something was amiss. guy: tpg should have been a clue. guest: they did by avon in japan years ago. they claim to be based and said they had no record of any such company. a phone call to the number listed, nobody picked up. that in another itself is an impossible. someone was having a bit of fun are trying to make some money off a quick hop in avon...
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it -- this avon situation. it looks like they are up right now?ulie: they are, but there is a rally, and it is a pretty wrought based rally. -- broad-based rally. we are watching what is going on in the treasury market today, we had a measure of wholesale inflation fell. at backing outk food and energy, all of the things that the fed likes to back out, we are seeing it yields as a result go lower. at three .06%,ld and by the way, the treasury is going to be auctioning off the 30 year bonds today. let's take a look at the dollar as well. some selling has abated but the dollar is heading for a fifth weekly define -- decline. those inflation numbers today not helping matters there. you can see it is trending up a little bit on the day from where it was earlier. finally, i want to check on oil prices. yesterday, the reason was the big drop in oil refinery activity in four months, so what does that mean for crude demand? it looks like we are still falling for that reason today, they are still questioning the demand for crude oil. betty: who knew that a
it -- this avon situation. it looks like they are up right now?ulie: they are, but there is a rally, and it is a pretty wrought based rally. -- broad-based rally. we are watching what is going on in the treasury market today, we had a measure of wholesale inflation fell. at backing outk food and energy, all of the things that the fed likes to back out, we are seeing it yields as a result go lower. at three .06%,ld and by the way, the treasury is going to be auctioning off the 30 year bonds...
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shares of avon jumped 20% yesterday to $8 a share.er news wires reported the bid, but they did not stay high for long falling back to earth saying avon had not received any offer or confirm that ptg even exists. avon's shares up 6%. and then fell 6% today. >> what are we supposed to think about this? >> one, someone was trying to make money selling avon stock by committing fraud. and investigators are eagle for see avon taken over. it's in rough shape. sales have fallen for the past three years. it has lost money the last three years. stocks down 50%, and investors are looking for this. more importantly it shows how easy it is to manipulate the sec filing system. so a spokesperson told the wall wall street journal filers are responsible for the truthfulness of their filings. they're subject to enforcement actions, they're reviewing it and seeing what they can do. >> what else is coming up on the big program tonight? >> we're looking at the issue of workplace bullying, we'll tell you what it is and why there is no real legal remedy for
shares of avon jumped 20% yesterday to $8 a share.er news wires reported the bid, but they did not stay high for long falling back to earth saying avon had not received any offer or confirm that ptg even exists. avon's shares up 6%. and then fell 6% today. >> what are we supposed to think about this? >> one, someone was trying to make money selling avon stock by committing fraud. and investigators are eagle for see avon taken over. it's in rough shape. sales have fallen for the past...
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i have to mention the situation we have been watching with avon.ithin anress release ftc filing from a company purporting to offer to buy avon for $18.75 a share, 180% more than the company's close yesterday. on further review, it looks like it's a hoax and the ftc is reviewing that information. shares remain higher after that whole kerfuffle. 180% premium? that should have been a red flag. isie: the interesting thing because it was an sec filing, that gave it a little more credibility than it otherwise would have had. with thejulie hyman latest. for a look at the top stories ?rossing the terminal, alix alix: bombard ea is cutting jobs because of shrinking demand. -- they said a have not been hurt by the turmoil in russia and china. scarlet: before he was arrested and accused of minute waiting prices, the flash crash traders that others were doing the same thing. he said he complained to the chicago mercantile exchange more than 100 times over several years. the last complaint became weeks before he was arrested in london. alix: a union says the av
i have to mention the situation we have been watching with avon.ithin anress release ftc filing from a company purporting to offer to buy avon for $18.75 a share, 180% more than the company's close yesterday. on further review, it looks like it's a hoax and the ftc is reviewing that information. shares remain higher after that whole kerfuffle. 180% premium? that should have been a red flag. isie: the interesting thing because it was an sec filing, that gave it a little more credibility than it...
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the search for a buyer goes on for avon, posting three straight years of declining sales.eone walked away with a big pot of cash. we will send it back to you. rishaad: india and china celebrating warmer relations. they say their combined prospects are good. he will head there later to get reaction. we are talking with the chief iag.tive of ♪ rishaad: the chinese economy may that has notut stopped intercontinental from launching a new brand. is aimed atain increasingly sophisticated chinese tourists with plans to take the grand national. the ceo joins us from shanghai. thank you for joining us. you have this new brand. how is it panning out for you? >> really well, actually. we announced it a few years ago. we just opened the first one a few months ago. squarely at a group of consumers we identified in china through research, global targeted on people in china that want consistent high-quality. we see a lot of opportunity. it is performing extremely well. rishaad: a few questions as to whether you take this brand of broad? england, france even? opportunity.ot of one of the
the search for a buyer goes on for avon, posting three straight years of declining sales.eone walked away with a big pot of cash. we will send it back to you. rishaad: india and china celebrating warmer relations. they say their combined prospects are good. he will head there later to get reaction. we are talking with the chief iag.tive of ♪ rishaad: the chinese economy may that has notut stopped intercontinental from launching a new brand. is aimed atain increasingly sophisticated chinese...
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to buy avon that was almost three times the asking price and avon said it hadn't received the offernd no one could confirm pte capital even existed. now an investigation is under way to find out if it was an attempt to tamper with the market. erik: and the 73-year-old man has been hospitalized after suffering a heart attacked and lee succeeds his father in the samsung foundation. >> and here's a relief. has anine chaos down under ended after johnny depp and his ife are flying down and they say the couple did not declare the dogs when they flew into into and when they flew ustralia on a private jet. australia does it to prevent disease. erik: and myanmar, one of the irst companies to set up shop. >> and president obama spent yesterday at camp david with top leaders from the middle east. we will get reaction from president bill clinton's one-time national security advisor at 10:30 eastern. erik: and happy craft beer week. it's being celebrate bid almost 20% more than two years ago. we are looking at america's changing taste in suds. >> and i want to go out to julie hyman in the newsro
to buy avon that was almost three times the asking price and avon said it hadn't received the offernd no one could confirm pte capital even existed. now an investigation is under way to find out if it was an attempt to tamper with the market. erik: and the 73-year-old man has been hospitalized after suffering a heart attacked and lee succeeds his father in the samsung foundation. >> and here's a relief. has anine chaos down under ended after johnny depp and his ife are flying down and...
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. >> avon has discussed the poeg us takeover with the fbi. as we reported yesterday, a fake fighting was made with the s.e.c. offering to buy avon for nearly triple the stock price but how did that bogus filing happen in the first place. eamon javers has been looking into that. good evening. >> good evening. it turns out anyone can post anything to edgar. edgar is where invest yorz and journalists and public go to find up to the minute publications from companies and large shareholders but because so many people need to file documents it is easy to get access to the system. fill out a two page securities and exn form i.d. and they do not check the forms to ensure that the filers are actually real. >> you put in your information, you have to notarize it but you can notarize whatever informat they give you the code and you are good to go and from the s.e.c. comments we understand they are doing nothing at all to vet this information. and yesterday a fake company used that access to edgar to file an apparently fake document a form disclosing a b
. >> avon has discussed the poeg us takeover with the fbi. as we reported yesterday, a fake fighting was made with the s.e.c. offering to buy avon for nearly triple the stock price but how did that bogus filing happen in the first place. eamon javers has been looking into that. good evening. >> good evening. it turns out anyone can post anything to edgar. edgar is where invest yorz and journalists and public go to find up to the minute publications from companies and large...
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julie: avon is shopping around party,has a interested considering that the last trade for avon was under capital isain, ptg making this offer, which is a nonbinding offer. in other words, when you tend to see a surge in shares, you can trigger a halt, so the shares are not trading at this moment, but you do see a spike in those shares before the halt, but the shares were up at about 4.5% before that halt happened. i also want to mention other breaking news, and that involves pimco. officer willancial be leaving the firm and oversee the liquidation of some of pimco's stock funds. it will oversee some active dividend and long short funds, but this is significant because pimco has tried to get a little bit more decisively into the equity business. it is known by merely as a bond shop. with her leaving, does that signify a significant pull back? a little double-header here for you, pimm. pimm: well done, julie hyman, avon and pimco changes to start. and just how accurate are those targeted facebook ads? ♪ pimm: welcome back to the bloomberg market day, i am pimm fox. let's begin some of the
julie: avon is shopping around party,has a interested considering that the last trade for avon was under capital isain, ptg making this offer, which is a nonbinding offer. in other words, when you tend to see a surge in shares, you can trigger a halt, so the shares are not trading at this moment, but you do see a spike in those shares before the halt, but the shares were up at about 4.5% before that halt happened. i also want to mention other breaking news, and that involves pimco. officer...
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up 4% as we speak on avon. look at shake shack.profit, strong sales, it is a winner. 5% higher. kohl's disappointing sales growth stock is down 11 l%. price of oil, round about $60 a barrel and price of gasoline up again overnight we have a national average of $267. when vladimir putin he looked smug and swallowed crimea invaded ukraine signed deals with china and promised missiles to iran and america had done very little. russia is another foreign policy failure. it is one of several. who says? that a deal that allows iran to get a nuke is something to cheer about? all of the risk without storage ally, israel that a foreign policy success? all of the rise of the jv team known as isis or mideast summit of camp david today where four of the six summit tiers will snot show up. president obama is leading an american retreat all arranged the world. question, will we at home pay a price from what the president is doing overseas? joins us no to answer that question, former cia deputy director and also the new book the great war of our ti
up 4% as we speak on avon. look at shake shack.profit, strong sales, it is a winner. 5% higher. kohl's disappointing sales growth stock is down 11 l%. price of oil, round about $60 a barrel and price of gasoline up again overnight we have a national average of $267. when vladimir putin he looked smug and swallowed crimea invaded ukraine signed deals with china and promised missiles to iran and america had done very little. russia is another foreign policy failure. it is one of several. who...
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. >> melissa we saw avon shares today surge 20%.in fact the stock was halted for volatility three times between 11:30 and noon. only to find out now, that the potential takeover offer from ptg capital was in fact a hoax. the sec is looking into this one. and meantime the investors and shareholders of avon have been long awaiting some sort of takeover of this company that has been under pressure. so it is a name we'll continue to watch. right now it is up about 5 1/2%. still holding on to some gains. earlier in the day prior to the big surge in the stock, the stock in fact had been hitting lows, lows that we haven't seen, i charted back to 1995. obviously was a big loser. that's what we were looking at. then that big pop. obviously a dramatic day on wall street particularly for avon. back to you. melissa: nicole, thank you so much. prime challenger. walmart will offer its own version of amazon prime starting this summer. the retailer will test an unlimited shipping service for $50 a year but for now it is invitation only. my panel is
. >> melissa we saw avon shares today surge 20%.in fact the stock was halted for volatility three times between 11:30 and noon. only to find out now, that the potential takeover offer from ptg capital was in fact a hoax. the sec is looking into this one. and meantime the investors and shareholders of avon have been long awaiting some sort of takeover of this company that has been under pressure. so it is a name we'll continue to watch. right now it is up about 5 1/2%. still holding on to...
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avon says it has not been able to confirm such an entity exists and it is making these comments in an e-mail statement. the securities and exchange commission is set to review the legitimacy of the offer as well. that follows unconfirmed filing of the takeover bid. very curious or as betty earlier called it a bizarre situation that we have been monitoring today. one of the reasons it initially seemed to be legitimate is is is something that has been speculated upon for some time that avon would sell itself or perhaps sell its north american business. one of the red flags for this particular offer was that the bid was made at $18.75, 180% higher than avon's close yesterday. to put it in context, it is down 15% over the past year. if you look at the shares, we saw the spike after the filing came out. there were a bunch of halts because of volatility. shares are still up about 3.5%. what is interesting is we saw this ripple effect throughout other cosmetic companies. they also sparked and then came back down. from revlon to estee lauder, we saw similar action in those shares after the fi
avon says it has not been able to confirm such an entity exists and it is making these comments in an e-mail statement. the securities and exchange commission is set to review the legitimacy of the offer as well. that follows unconfirmed filing of the takeover bid. very curious or as betty earlier called it a bizarre situation that we have been monitoring today. one of the reasons it initially seemed to be legitimate is is is something that has been speculated upon for some time that avon would...
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very quickly, then, avon products really the crazy story of the day.ody had made an offer for them the somebody turned out -- apparently it's a bogus report. but at any rate it did move the stock and it's come back a little bit but still a 6% gain there, which we'll talk about, bob pisani. keith bliss, what are you going to do here? >> i'm going to keep buying because we think it moves higher. >> why? >> there are some bullish technical formations that have come into the market at this point in time. since the lows in december that we had around 1975 the s&p 500 has formed a consolidation phase right now. so about the middle of june we think that plays out and that's bullish signal. we think it goes higher. we're that overhead resistance place right now. if we hold it, that rally this keep going. the russell and the dow are following suit from the technical stand point and, again, there's a lot of things in favor. the one thing you need to bear in mind is rates and the equity market have been inversely correlated pretty tightly since may 6th. you can r
very quickly, then, avon products really the crazy story of the day.ody had made an offer for them the somebody turned out -- apparently it's a bogus report. but at any rate it did move the stock and it's come back a little bit but still a 6% gain there, which we'll talk about, bob pisani. keith bliss, what are you going to do here? >> i'm going to keep buying because we think it moves higher. >> why? >> there are some bullish technical formations that have come into the...
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we reached out to avon.has not received any offer or other communication from such an entity and has not been able to confirm that such an entity even exists. wow. all right. let's bring in bob pisani. it is becoming clear this is a fake offer fake filing. the question is why would someone want to do this with avon? >> well there's two possible motives motives. one would be profit and one vandalism. the stock is at a 20-year low. i have no idea what could have happened. but somebody could have argued they were trying to get out of a long position they had temporarily and maybe that would move the stock up. that would be easily detectable by authorities, so that's why i'm not convinced of that. this could be people messing around with the system overall. two things bother me by this. how did somebody put up a phony entry essentially into the database. everybody down here uses that and relies on that as a reliable source of information on filings. if somebody got into that it sort of implies the s.e.c. is not
we reached out to avon.has not received any offer or other communication from such an entity and has not been able to confirm that such an entity even exists. wow. all right. let's bring in bob pisani. it is becoming clear this is a fake offer fake filing. the question is why would someone want to do this with avon? >> well there's two possible motives motives. one would be profit and one vandalism. the stock is at a 20-year low. i have no idea what could have happened. but somebody could...
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avon who we know has been struggling. would someone lob in a hostile bid -- >> three times the value. >> -- never approach the company and start with that price? and then put up this phony document. i mean, it's absurd how bad this is. and shame on anyone for getting sucked in, but you got to think for just a second, something seems maybe a little off here. they're -- do you remember -- this was awhile ago, but there was a guy who claimed he was from the association of global millionaires and billionaires. why the billionaires would want to hang with the millionaires, i don't really know. but global association of millionaires and billionaires and he made a bid for marks and spencer. equally as just absolutely absurd and ridiculous. these things happen. amazing as they are. >> but why did the stock still close higher by 6%? i mean, this is so phony. >> if you look at the volume, a lot of people got pulled into this. first when you looked at that offer when you said it was three times the offer. people thought it was a mis
avon who we know has been struggling. would someone lob in a hostile bid -- >> three times the value. >> -- never approach the company and start with that price? and then put up this phony document. i mean, it's absurd how bad this is. and shame on anyone for getting sucked in, but you got to think for just a second, something seems maybe a little off here. they're -- do you remember -- this was awhile ago, but there was a guy who claimed he was from the association of global...
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the avon walk the 39 mile walk is this weekend. of course the d.c., 40 are open to walk around and take a look around. enjoy your weekend, everybody. the weather is going to play slow pitch with us this weekend. plenty of sunshine out there right now. there's the capitol wheel right there. nice looking morning to be outside. we're warming up fast. already 58 now at national airport. 59 gaithersburg. 63 in winchester and front royal. here's our exclusive skycast 4. can with time i think we'll see more and more sun this afternoon. we may be able to get one or two lonesome showers. near 70 by lunchtime. mid-70s for highs today. even warmer tomorrow and the week ahead may be the warmest stretch of weather we've had since last september. details on all that when your seven-day forecast comes up. >> thanks chuck. >>> we are following a developing story in the district. search crews are on the scene following that garage collapse at the watergate building. derrick ward has switched up his location on us for a reason. what you got going on behind you? >> rep
the avon walk the 39 mile walk is this weekend. of course the d.c., 40 are open to walk around and take a look around. enjoy your weekend, everybody. the weather is going to play slow pitch with us this weekend. plenty of sunshine out there right now. there's the capitol wheel right there. nice looking morning to be outside. we're warming up fast. already 58 now at national airport. 59 gaithersburg. 63 in winchester and front royal. here's our exclusive skycast 4. can with time i think we'll...
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May 15, 2015
05/15
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CNBC
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avon products. what a mess. should we be talk about avon or sec or mystery company. >> so many issues. the backdrop is the stock has been beaten up so badly. seems like it's seeing some rescue or workout or something like that. how it got to be an official sec filing will be the subject now. >> about their controls. >> the machines read the headlines and -- >> they had to halt it several times due to imbalances. >> shake shack. >> it's this year's go pro. amazing product. people love it. hot ipo and added to the premium after that it's following a similar trajectory and their fundamental momentum was amazing. i was amazed the street was only looking for less than 5% comps. i was surprised. maybe it's because they're so crowded already you can't comp on it. you can't short the stock. it's so expensive to short right now. that's how crowded it is. the fever will break at some point but it has a lot of running room to just expand. >> they can go a long time. >> do you agree with me that the ipo gave more of a visib
avon products. what a mess. should we be talk about avon or sec or mystery company. >> so many issues. the backdrop is the stock has been beaten up so badly. seems like it's seeing some rescue or workout or something like that. how it got to be an official sec filing will be the subject now. >> about their controls. >> the machines read the headlines and -- >> they had to halt it several times due to imbalances. >> shake shack. >> it's this year's go pro....
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May 15, 2015
05/15
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BLOOMBERG
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for avon. shares spiked but the excitement did not last long.von said it had not received an offer, and no one could firm that ptt capital even exists. regulators will try to find out if it was an attempt to manipulate the market. in course rating -- in horse racing the belmont stakes. no horse has won the triple crown since 1989. are you guys in line? tom: i am amazed how they are going from 20 down to eight horses. brendan is all fired up about italy. we will look at the italian recovery. it is a recovery. that alone is a surprise. well, it it is as if the new ge danneraher strategy and how it relates to general electric. people will stop by to talk to us about high rise the buildings, and all that. bonds, bonds, brendan. brendan: we have been looking back and forth at each other did he just say generous electric? i am going to drag us back in line. we spent a year watching the dollar go up. investors poured cash into -- what happens to these positions when the dollar weakens? that is what the dollar has been threatening to do this week. lisa
for avon. shares spiked but the excitement did not last long.von said it had not received an offer, and no one could firm that ptt capital even exists. regulators will try to find out if it was an attempt to manipulate the market. in course rating -- in horse racing the belmont stakes. no horse has won the triple crown since 1989. are you guys in line? tom: i am amazed how they are going from 20 down to eight horses. brendan is all fired up about italy. we will look at the italian recovery. it...
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May 15, 2015
05/15
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CNBC
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they tag avon and everybody who subscribes about avon and all the wire services see that informationi asked them about all of this and here's what they told us in a written statement. under the federal secures laws filers are responsible for the truthfulness of their filings and they are subject to enforcement when they are false or misleading. >> assuming you know who they are. >> that's right. in this case -- >> if we find you. >> right. a parent company was registered and list the address in the indian ocean. >> aqua man. thank you very much. >> here is your power menu for the rest of the hour. one hedge fund manager making two big bets on energy. plus netflix hitting a milestone and one analyst said that stock has way more room to run, thus the song. any sinkhole that you need to see to believe. it is in texas. ed people a simple question: in retirement, will you have enough money to live life on your terms? i sure hope so. with healthcare costs, who knows. umm... everyone has retirement questions. so ameriprise created the exclusive confident retirement approach. now you and you
they tag avon and everybody who subscribes about avon and all the wire services see that informationi asked them about all of this and here's what they told us in a written statement. under the federal secures laws filers are responsible for the truthfulness of their filings and they are subject to enforcement when they are false or misleading. >> assuming you know who they are. >> that's right. in this case -- >> if we find you. >> right. a parent company was registered...
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May 15, 2015
05/15
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in a faked hanover band for a -- takeover bid for avon.hares spiked but the excitement did not last long. avon said it did not receive an offer, and no one could confirm that the capital firm existed. in factory output in the united states stalled last month. in a report shows that manufacturing was unchanged in april, and for the fifth consecutive month production declines. manufacturers have been hurt by the strong u.s. dollar. automobile makers increased production of oliver neuville part -- of automobile parts. mitt romney has thrown his hat into the ring, the literal boxing ring. a you may think this is just joke, but i'm taking this very seriously. hello? pimm: the two are raising money for charity vision which brings vision work for children around the world. olivia: coming up, much more. the markets have any week to digest david cameron's shock victory in britain. and washington's insiders are making millions of dollars off of western sanctions on russia. a look at the kremlin's man in washington. the 2016igh in on presidential rac
in a faked hanover band for a -- takeover bid for avon.hares spiked but the excitement did not last long. avon said it did not receive an offer, and no one could confirm that the capital firm existed. in factory output in the united states stalled last month. in a report shows that manufacturing was unchanged in april, and for the fifth consecutive month production declines. manufacturers have been hurt by the strong u.s. dollar. automobile makers increased production of oliver neuville part --...
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May 15, 2015
05/15
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a reported buyout of avon sent the company's share price surging, then we discovered it was a hoax.lled ptt capital partners which said it was offering to buy avon for about three times what the company was trading at the day before. then you saw the retracement and for some reason, it again. sometimes, i just don't understand markets. barclays facing a fine for violating a settlement over interest rate rigging. people familiar with the metal say the fine could add up to about $60 million. president obama promised leaders of persian gulf states the u.s. would come to their defense in the case of any external attack. he stops short of offering a formal pact. that was at a meeting at his retreat of camp david. elliott gotkine has more. gulf leaders, have their concerns been eased after this shall we call it a summit? elliott: this meeting was all about president obama and america reassuring its allies in the gulf. it can negotiate a nuclear deal with iran which may result in sanctions against iran being lifted, while at the same time honoring america's alliance with its allies in the
a reported buyout of avon sent the company's share price surging, then we discovered it was a hoax.lled ptt capital partners which said it was offering to buy avon for about three times what the company was trading at the day before. then you saw the retracement and for some reason, it again. sometimes, i just don't understand markets. barclays facing a fine for violating a settlement over interest rate rigging. people familiar with the metal say the fine could add up to about $60 million....
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May 15, 2015
05/15
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avon shares shot up on the news.dicated there was something suspicious, like the fact that ptg could not get its own name straight. it turned out to be a hoax. the shares were halted twice for 16 minutes. the s.e.c. is looking into the matter. dave michaels is with us from washington. david, is it just that simple? anybody can submit a press release, a statement, a letter whatever the case may be through the public filing system? david: pretty much. it is a very open door. there is a registration process to use the edgar filing system. once you submit your of registration -- your registration, you can submit filings. the s.e.c. does not verify them. to get over 4000 a day. maybe that is reasonable. it is very possible for this to happen. stephanie: why does it not happen more often? david: it has happened. it happened in 2014. it is very possible for this to there was a guy in portland who submitted a firing for the -- filing for the system that offered by intel. the shares did not move on that filing. but it happens
avon shares shot up on the news.dicated there was something suspicious, like the fact that ptg could not get its own name straight. it turned out to be a hoax. the shares were halted twice for 16 minutes. the s.e.c. is looking into the matter. dave michaels is with us from washington. david, is it just that simple? anybody can submit a press release, a statement, a letter whatever the case may be through the public filing system? david: pretty much. it is a very open door. there is a...
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May 15, 2015
05/15
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everybody who subscribes to avon information in the s.e.c.ncluding the wire services. it goes out to the whole wide world. nobody of it was true. and according to all the sores i've been talking to, the s.e.c. doesn't check whether these -- didn't check the accuracy of the information. the s.e.c. says under federal securities laws, filers are responsible for the truthfulness of their filings and subject to enforcement actions when they are false or misleading. the s.e.c. is saying it's not their job to tell whether or not documents filed on edgar is accurate. it's their job to simply set up a public disclosure system for the documents to go out. a lot of questions now being raised about whether that's the right way to do business at the s.e.c. >> sure, ayman. the fbi reportedly looking into it as web. eamon javers in washington. we're joined by the former inspect general of the securities and exchange commission. david, i'll start with you. what's your reaction? is this a known situation that it's so easy to tap the s.e.c.'s data database? >>
everybody who subscribes to avon information in the s.e.c.ncluding the wire services. it goes out to the whole wide world. nobody of it was true. and according to all the sores i've been talking to, the s.e.c. doesn't check whether these -- didn't check the accuracy of the information. the s.e.c. says under federal securities laws, filers are responsible for the truthfulness of their filings and subject to enforcement actions when they are false or misleading. the s.e.c. is saying it's not...
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May 19, 2015
05/15
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KRON
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avon? is this fake? >> it is all fake. maybe foreign investor like to put out a phony press release. and the fcc system and the stocks shoot up and people start reading tea report print avon has denied everything and they have never thought about it. >> reporter: yes crazy story. >> #1 phone and united states and number of fan in china which is good for apple shareholders peppered the switchers are going from google to apple for the first time ever prevent the numbers are astonishing with 20% did upgrade trick the first time i eat phone users was 50 percent. they will have a good year occurred apple this is a different product and what they have come out with. the six f is what is starting to get out there. >> pam: , up next stanley roberts catches people behaving badly at this year's bay to breakers run. will be that! my name is julia grinberg. i work in energy efficiency for pg&e here in san francisco. my job is to help my customers save money, save energy and save the environment. when it comes to renewable energy, pg&e
avon? is this fake? >> it is all fake. maybe foreign investor like to put out a phony press release. and the fcc system and the stocks shoot up and people start reading tea report print avon has denied everything and they have never thought about it. >> reporter: yes crazy story. >> #1 phone and united states and number of fan in china which is good for apple shareholders peppered the switchers are going from google to apple for the first time ever prevent the numbers are...
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May 14, 2015
05/15
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scarlet: avon is the target of a takeover -- shares going 20%.the amtrak the spotlight is on transportation safety. we look at the private jet industry which has some alarming statistics. scarlet: good afternoon. i'm scarlet fu, here with alix steel. s&p: you are looking at and clawing its way to a closing record. that's the inter-day -- we have not hit that but if we close right now, we would be at a new record for the s&p. scarlet: it's like 2014 all over again. the nasdaq doing the best of the three, but the dollar is weak or , now at a four-month
scarlet: avon is the target of a takeover -- shares going 20%.the amtrak the spotlight is on transportation safety. we look at the private jet industry which has some alarming statistics. scarlet: good afternoon. i'm scarlet fu, here with alix steel. s&p: you are looking at and clawing its way to a closing record. that's the inter-day -- we have not hit that but if we close right now, we would be at a new record for the s&p. scarlet: it's like 2014 all over again. the nasdaq doing the...
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avon today down 11%. (?) >> let me bring in the next real, real deal.ties into something we all buy. not necessarily avon. it's oil and gasoline and so goes oil, so goes gas. oil hitting the highest level in five months. we're now above the 60-dollar mark. there you go for the first time since december. and if gas prices are following, this has been the area, steve, where they say this is the big trillion dollar bonus. it really has been. now what? steve: now i think it's dissipating. and i think the gains of gasoline were ambiguous as a whole. gasoline and oil jobs mean so much to the united states. it was ambivalent. regardless, i love this sector. i'm not all negative. this is a sector i love. oil hit highs. as did gasoline. brent crude did as well. it was a sector left for dead. a lot of times when they're crying, i'm buying. there was a lot of crying in texas and in north dakota. i think it's time to buy the energy american renaissance. >> we're much cheaper than we were a year ago. we are still a buck a gallon lower. >> today was the most expensiv
avon today down 11%. (?) >> let me bring in the next real, real deal.ties into something we all buy. not necessarily avon. it's oil and gasoline and so goes oil, so goes gas. oil hitting the highest level in five months. we're now above the 60-dollar mark. there you go for the first time since december. and if gas prices are following, this has been the area, steve, where they say this is the big trillion dollar bonus. it really has been. now what? steve: now i think it's dissipating. and...
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May 5, 2015
05/15
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avon had no comment. is the biggest drag on the dow in terms of points, posting its fifth decline in six days. i sound like a broken record -- apple has fallen 4.4% since reporting its quarterly earnings, which were strong, but there is skepticism on whether apple can keep up this pace of growth. alix: talking about one other stock making moves today -- salesforce surging on moves -- surging on news that microsoft could be looking to buy the company. do you think we will see a deal between microsoft and salesforce? tom: if you asked me this question a week ago and some people were, i would have said you are crazy. it seems like the headlines have been moving very quickly. at the end of last week, there were some very vocal rumors and speculation there was a bitter for salesforce that prompted the company to hire bankers and there is further breaking news today suggesting microsoft is evaluating. from the perspective of the buyer, it makes perfect sense. if microsoft is a bitter or oracle is a bitter, ther
avon had no comment. is the biggest drag on the dow in terms of points, posting its fifth decline in six days. i sound like a broken record -- apple has fallen 4.4% since reporting its quarterly earnings, which were strong, but there is skepticism on whether apple can keep up this pace of growth. alix: talking about one other stock making moves today -- salesforce surging on moves -- surging on news that microsoft could be looking to buy the company. do you think we will see a deal between...
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if you're a part of the avon walk anything you're doing with all the outdoor plans. both days look amazing. >>> we continue to follow a developing story in the district. search crews are expected to look through the rubble following a garage collapse at the watergate building. derrick ward is live there with overnight developments. good morning, derrick. >> reporter: good morning. what you need to know is that virginia avenue and the other side of 25th street is now closed between -- at 25th street at the parkway by the river. take a look. you can see why. this happened just after 10:00 a.m. yesterday morning. a 40 by 40 foot section of an indoor parking garage pancaked down onto several other levels below it. now, we do know that the overnight they brought in some metal beams and steel beams to shore up the remains of the structure. what is happening right now is that there was a cadaver dog that alerted on a 12 foot pile that remains there as a result of that collapse. they weren't able to actually get in and do some intense searching of that pile until they shored
if you're a part of the avon walk anything you're doing with all the outdoor plans. both days look amazing. >>> we continue to follow a developing story in the district. search crews are expected to look through the rubble following a garage collapse at the watergate building. derrick ward is live there with overnight developments. good morning, derrick. >> reporter: good morning. what you need to know is that virginia avenue and the other side of 25th street is now closed...
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May 18, 2015
05/15
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CSPAN2
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we want to keep our jobs here in avon lake, ohio. they said -- and i quote -- " currency manipulation hurts american competitiveness at home. this assembly plant's mission is to provide our customers with the highest quality safest most reliable products and services while fostering continuous growth and prosperity to our community. they say trade policies must not undermine this progress in the auto industry and manufacturing. this was jointly signed by the plant manager and other members of management at this company. why? because they get it. which is that if they are working hard, making concessions, becoming more efficient, to be more competitive, they're willing to do it. they know they have to. they get it. we're an international marketplace now there is global competition but they want to be darn sure they aren't having an unfair advantage weighed against them because another government as they sacheted on their currency. given what we are hearing from these american workers i have introduced this bipartisan amendment with se
we want to keep our jobs here in avon lake, ohio. they said -- and i quote -- " currency manipulation hurts american competitiveness at home. this assembly plant's mission is to provide our customers with the highest quality safest most reliable products and services while fostering continuous growth and prosperity to our community. they say trade policies must not undermine this progress in the auto industry and manufacturing. this was jointly signed by the plant manager and other members...
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May 24, 2015
05/15
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KDTV
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sin embargo el sÁbado ha dado marcha atrÁs los avon dieron el documento aclarando que no desean publicarun adelanto de las interÉs que presentaremos este domingo en aquÍ y ahora. marÍa elena: un hombre acusado de violaciÓn y secuestro fue condenado a 55 aÑos en prisiÓn dos dÉcadas mÁs tarde lucha, cuÁl fue la pista clave que segÚn Él nunca se presentÓ durante el juicio. arantxa: aquÍ y ahora este domingo en el especial a las cinco de la tarde hora del este siete de la noche en la costa oeste. fÉlix: los trabajadores lomos en la florida 60 desconcertados porque no tiene explicaciÓn para un objeto que sale a volar dentro de las instalaciones. duermen. ♪ ♪ ♪ arantxa:para despedirnos nos vamos a un tema que por el momento estÁ lleno de misterio la cÁmara de seguridad captÓ imÁgenes donde se dan tres ocasiones son objeto brillante que parece volar dentro del museo del espacio de ee.uu. ubicado en florida. fÉlix: el presente no se descarta que se trate de una pelusa o brillo del reflejo de un objeto tanto las luces como el aire acondicionado apagados, los trabajadores dicen estar desconcertado
sin embargo el sÁbado ha dado marcha atrÁs los avon dieron el documento aclarando que no desean publicarun adelanto de las interÉs que presentaremos este domingo en aquÍ y ahora. marÍa elena: un hombre acusado de violaciÓn y secuestro fue condenado a 55 aÑos en prisiÓn dos dÉcadas mÁs tarde lucha, cuÁl fue la pista clave que segÚn Él nunca se presentÓ durante el juicio. arantxa: aquÍ y ahora este domingo en el especial a las cinco de la tarde hora del este siete de la noche en la...
SFGTV: San Francisco Government Television
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May 23, 2015
05/15
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SFGTV
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facility that includes assisted living 3 hundred and 10 unit a new entry at the intersection london and avon lesson below it structure is structured parking so we're going to retain some of our parking surface and structured parking underneath and quite a bit of greenery we have and actually make it powerful so imagines of the property there you can see some the greenery in the overview and the line frontage long mission. >> thank you. sir, your time is up i'm sure the computerization will have question. >> thank you opening it up for public comment any public comment on this item? >> just a quick point of classification it will be circulated for 20 days and the staff this finalize it after. >> not seeing any public comment public comment is closed. >> commissioner antonini. >> thank you the jewish home is a wonderful facility i've had a lot of patient and two family members i'm familiar it is very comfortable and very great facility to have to spend time those improvements will make it much better so i'm total in support i'll mention architecturally with the new buildings we'll try to i kno
facility that includes assisted living 3 hundred and 10 unit a new entry at the intersection london and avon lesson below it structure is structured parking so we're going to retain some of our parking surface and structured parking underneath and quite a bit of greenery we have and actually make it powerful so imagines of the property there you can see some the greenery in the overview and the line frontage long mission. >> thank you. sir, your time is up i'm sure the computerization...
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May 24, 2015
05/15
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WUVP
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sin embargo el sÁbado ha dado marcha atrÁs los avon dieron el documento aclarando que no desean publicarn un adelanto de las interÉs que presentaremos este domingo en aquÍ y ahora. marÍa elena: un hombre acusado de violaciÓn y secuestro fue condenado a 55 aÑos en prisiÓn dos dÉcadas mÁs tarde lucha, cuÁl fue la pista clave que segÚn Él nunca se presentÓ durante el juicio. arantxa: aquÍ y ahora este domingo en el especial a las cinco de la tarde hora del este siete de la noche en la costa oeste. fÉlix: los trabajadores lomos en la florida 60 desconcertados porque no tiene explicaciÓn para un objeto que sale a volar dentro de las instalaciones. duermen. s roberto. hola roberto. un anuncio en la televisión dijo que pudiera reducir mi deuda por 50 por ciento. me dijeron que deje de pagar mis cuentas y que no hable con mis acreedores. ellos se encargarían de todo. yo les di miles de dólares pero la mayoría se fue a sus honorarios. [narradora] salir de la deuda no es rápido ni fácil. hay personas que le dirán cualquier cosa sólo para ganar su confianza. hable con sus acreedores directamente o
sin embargo el sÁbado ha dado marcha atrÁs los avon dieron el documento aclarando que no desean publicarn un adelanto de las interÉs que presentaremos este domingo en aquÍ y ahora. marÍa elena: un hombre acusado de violaciÓn y secuestro fue condenado a 55 aÑos en prisiÓn dos dÉcadas mÁs tarde lucha, cuÁl fue la pista clave que segÚn Él nunca se presentÓ durante el juicio. arantxa: aquÍ y ahora este domingo en el especial a las cinco de la tarde hora del este siete de la noche en...
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May 24, 2015
05/15
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WUVP
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sin embargo el sÁbado ha dado marcha atrÁs los avon dieron el documento aclarando que no desean publicarlanto de las interÉs que presentaremos este domingo en aquÍ y ahora. marÍa elena: un hombre acusado de violaciÓn y secuestro fue condenado a 55 aÑos en prisiÓn dos dÉcadas mÁs tarde lucha, cuÁl fue la pista clave que segÚn Él nunca se presentÓ durante el juicio. arantxa: aquÍ y ahora este domingo en el especial a las cinco de la tarde hora del este siete de la noche en la costa oeste. fÉlix: los trabajadores lomos en la florida 60 desconcertados porque no tiene explicaciÓn para un objeto que sale a volar dentro de las instalaciones. duermen. le toma 90 dias a la naturaleza para que la avena esté en su punto justo. 7200 horas para elaborar la miel más pura. y te toma solo 3 minutos en saborearla. tal vez la hicimos demasiado rica. nature valley, la naturaleza nunca supo tan rica. no solo certificamos nuestros vehículos preadquiridos. inspeccionamos, analizamos y reacondicionamos cada uno de ellos hasta lograr un auténtico vehículo preadquirido certificado: un mercedes-benz para el sigui
sin embargo el sÁbado ha dado marcha atrÁs los avon dieron el documento aclarando que no desean publicarlanto de las interÉs que presentaremos este domingo en aquÍ y ahora. marÍa elena: un hombre acusado de violaciÓn y secuestro fue condenado a 55 aÑos en prisiÓn dos dÉcadas mÁs tarde lucha, cuÁl fue la pista clave que segÚn Él nunca se presentÓ durante el juicio. arantxa: aquÍ y ahora este domingo en el especial a las cinco de la tarde hora del este siete de la noche en la costa...
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whether you are going to the apple blossom festival doing the avon 39 walk. almost hot there, definitely need water. of course you have the girls on the run 5k tomorrow morning. all of those events the weather could not be better. on monday a high of 85. sunny skies, mostly sunny on tuesday. a little bit humid on tuesday with a high of 86. maybe an isolated late-day shower or thunderstorm. and a chance for some scattered showers on wednesday. of course we have a high of 80. then a high of 80 through next saturday. >> i can't believe when i saw that many eights in septembera week. >> last september. lets say this is your tv and these are the channels you pay for with cable but these are the types of channels you actually want to watch what if you could pay for what you want, and not for what you don't so you could get kids channels sports... or entertainment mix and match, or get them all. now fios brings you a totally new way to customize your tv starting at $74.99 -- including internet and phone. cable just gives you channels. fios gives you choice. >>> befo
whether you are going to the apple blossom festival doing the avon 39 walk. almost hot there, definitely need water. of course you have the girls on the run 5k tomorrow morning. all of those events the weather could not be better. on monday a high of 85. sunny skies, mostly sunny on tuesday. a little bit humid on tuesday with a high of 86. maybe an isolated late-day shower or thunderstorm. and a chance for some scattered showers on wednesday. of course we have a high of 80. then a high of 80...
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May 25, 2015
05/15
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CSPAN
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he started his life in stratford-upon-avon.rian lamb: how much was he split from his wife when he lived in london and she lived in stratford? director witmore: that is a really good question, he spent time away from her, and we often think about his relationship to her. in his will, he left her his second-best bed, which sounds insulting, that there may be reasons that was a more intimate gift to give to her. one of the reasons that one of our scholars at the folger shakespeare library was thinking about is that she had bankrolled him when he was in london. that is a georgetown professor. i would love to know more about that, and i think if we do learn more about shakespeare, it will be because we find more documents connected to his life. brian lamb: how much do you trust about what you know about shakespeare, the time that he lived, he was only 52 when he died, and what did he die of? director witmore: that is a great question, we don't know exactly what he died of. the folger shakespeare library will be hosting an exhibition
he started his life in stratford-upon-avon.rian lamb: how much was he split from his wife when he lived in london and she lived in stratford? director witmore: that is a really good question, he spent time away from her, and we often think about his relationship to her. in his will, he left her his second-best bed, which sounds insulting, that there may be reasons that was a more intimate gift to give to her. one of the reasons that one of our scholars at the folger shakespeare library was...
129
129
May 15, 2015
05/15
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CNBC
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avon yesterday. false bid coming out of nowhere from a company alleged company that never made a filing before to edgar. now what? what should the s.e.c. do? what could happen to this company, also? >> i'm not familiar enough with the facts to go into it. i apologize on that. >> we're going to let you go. ron geffner. >> you brought up sino forest, you said should we trust a portfolio manager. john paulson got taken by sino forest. >> it could happen to anyone. >> right, fraud is fraud. >> even if you do channel checks, see the facility. if someone is out to get you and someone is out to scam you and they happen to be based on the other side of the world, it makes it really hard. >> i think, josh, your point is well made. when you're looking at international companies, yes, they have to adhere to filing requirements here in the u.s. if they're going to list in the u.s. but their culture and how they run their business and who they run their businesses for, can be and often are completely different fr
avon yesterday. false bid coming out of nowhere from a company alleged company that never made a filing before to edgar. now what? what should the s.e.c. do? what could happen to this company, also? >> i'm not familiar enough with the facts to go into it. i apologize on that. >> we're going to let you go. ron geffner. >> you brought up sino forest, you said should we trust a portfolio manager. john paulson got taken by sino forest. >> it could happen to anyone. >>...
78
78
May 14, 2015
05/15
by
FBC
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liz: avon investors get "punk'd." it was a fake press release. totally bogus that shot the stock up 20%. [closing bell ringing]. had to be halted. avon still closing slightly higher, david. david: bells close on wall street. looks like it. s&p is closing in on a new record. 2120. last record was 2117. we are three solid points into a record on s&p. not so the dow. nasdaq also did higher before. russell 2000. is 275. no miss on the russell. at least one out of four. that ain't bad for records. >> the fear index down 7%. david: huge drop. liz: calm waters bring us a record. after the bell starts right now. liz: let's get to today's market action. ken mahoney is to tell us why the u.s. is the best place to invest right now. joe franklin, franklin wealth management will tell us which opportunities he finds. where the u.s. or overseas? anthony creveli from the cme. anthony, we'll start with you. good data from first time jobless claims but what drove such a strong rally i guess you could say? >> let's begin with at that, with the bonds. we've been see
liz: avon investors get "punk'd." it was a fake press release. totally bogus that shot the stock up 20%. [closing bell ringing]. had to be halted. avon still closing slightly higher, david. david: bells close on wall street. looks like it. s&p is closing in on a new record. 2120. last record was 2117. we are three solid points into a record on s&p. not so the dow. nasdaq also did higher before. russell 2000. is 275. no miss on the russell. at least one out of four. that ain't...