that is the london stock exchange, trading up by four percent.ouncing that it will buy frank russell for 2.7 billion u.s. dollars, planning a right off to partly fund this. write-off to partly fund this. up to speed with some other companies on the move. he will not rule out -- richard gonzalez says his offer ishe wie "compelling value for shareholders." the company sold more than 17.5 million shares for $24 each. the company -- the stock will begin trading today on the nasdaq. haynes the rights to brands such as wonder brought and will create one of the world's largest under make -- underwear makers. -- we down with one of sit down with one of the mayor of london's most trusted advisers. you can follow me on twitter. stay with us. ♪ >> welcome back to "on the move." we are 30 minutes into the trading day. quite a picture for the equity markets today. let's dig deeper into these markets. menace cranny is that the touchscreen with three stocks to watch -- manus cranny is that the touchscreen with three stocks to watch today. note.eading a this law

asset manager frank russell is snapped up by the london stock exchange and cameron makes of the rangecome back, everybody, so "worldwide exchange." i want to get you up to date on some flashes hitting the wires with regard to google that we're hear at dow jones. they now know that results quote/unquote may have been removed. this has to do with google having now started removing the search results under the eu's right to be forgotten rule. we remember talking about that reevently, if something shows up on google or if there's reason to think that it's incorrect, that you can then apply and have your name removed from this google search. julia is live. julia. >> thanks so much, louisa. perhaps an irony for david cameron as he battled to prevent jean-claude juncker from being the next president at the european commission. we're here at the gate which is a memorial to those who lost their lives in the first world war. definitely a sense of irony here for david cameron. we are going to see a decision made over the next few days of the president of the commission is expected here. david ca

that al qaeda now owns the iraqi oil fields in mosul and we're going to have china on the london stock exchange boris i mean if you are an honest guy you would just take all kind of public on the london stock exchange but of course you don't believe that you're actually in bed with al-qaeda when we all know that you are frick and duplicitous nightmarish hairstyle challenges tunks slash through it i say so we got to go see later. all right states over the second half oh a lot more. debating american foreign policy is there one any more traditionally the political left and right and clearly different positions on how washington should exert power in the world today it appears that everyone in the establishment is a hot. we will be carved by the enormous cordon of laws rules and regulations which you know cause europe to be the school it is i mean the reason that europe is going going going all the time is because the rules and regulations are killing and strangling business. welcome back to the kaiser report imax keyser time now to turn to vivian norris director of obama mama a documentary film w

that al qaeda now owns the iraqi oil fields in mosul and we're going to have tight on the london stock exchange for us i mean if you were an honest guy you would just take all kind of public on the london stock exchange but of course you don't believe that you're actually in bed with al qaeda when we all know that you are fricken duplicitous nightmarish hairstyle challenge tonk slash through it i say so we got to go see you later. all right states over the second half oh a lot more. well known talking about language as well but i will only react to situations i have read the reports. but no i will leave them to state to comment on your. secure yelling callers on the job. no. thank you no more weasel words. when you need a direct question and the proof for a change when you punch be ready for a. pretty speech. down to freedom to my. we speak your language will not advance. news programs and documentaries in spanish matters to you breaking news a little too negative angle of the story it's. a huge here. in troy altie spanish to find out more visit. all tito it's calm. there's a media leave us so

we're going to have china on the london stock exchange boris i mean if you were an honest guy you would just take all kind of public on the london stock exchange but of course you don't believe that you're actually in bed with al-qaeda when we all know that you are frick and deposit us nightmarish hairstyle challenges tonk slash dro it i say so got to go see later. all right states over the second half oh a lot more. debating american foreign policy is there one any more traditionally the political left and right and clearly different positions on how washington should exert power in the world today it appears that everyone in the establishment is a hot. try to. people. like. to think everybody. oh well. you know like my. skis is. sometimes for nothing. this is. just a story you'll be jobst if you see the state. to be. honest. we will be pardoned by the enormous go. all those rules and regulations which you know cause europe to be the school it is i mean the reason that to europe is going going down all the time is because the rules or regulations are killing it strangling business. and

that al qaeda now owns the iraqi oil fields and mosul and we're going to have tight on the london stock exchange boris i mean if you are an honest guy you would just take all kind of public on the london stock exchange but of course you don't believe that you're actually in bed with al-qaeda when we all know that you are frick and duplicitous nightmarish hairstyle challenges tunk slash through it our states are going to go see a lot of things all right states over the second half oh a lot more. people are going to be. more. like. you think everybody. no no no no well. my. wife would. say to. these cases. sometimes for nothing. it's not just a good story you'll be shocked if you see the stage. to be. but speech was. in the words of mary operandi just a face full of water makes the austerity go down yesterday go down down balance balance and buybacks and banks are feathering their now so no time to rest while the plundering your pensions are scrapings and well yes rotten theft. and bust but just like they stole water banks downstairs to go down. debating american foreign policy is there one any mo

we want to see lots more billion-dollar ipos on the london stock exchange. >> thank you for joining uset boris johnson will join us for an exclusive conversation about technology. you won't want to miss that. >> inferences go is home to the biggest tech companies in the hottest startups. why did -- san francisco is home to the biggest tech companies and the hottest startups, so will why did this company want to leave? >> san francisco, home to some of the most creative companies. it is even outpacing job growth in silicon valley. it is the place to be. why do these guys head in the other direction? >> the city is beautiful. all the buildings here are older than our home country. it's breathtaking to take a walk down the street. >> they are preparing for a big pub on aitch in a tuesday afternoon. that's just one of the perks of living in london. as they see it, the people are supportive. >> london has a strong start up community. that is proven to be true. anyone we have met here have proven to be helpful. >> they are born and bred san franciscans. their company helps small businesses f

meanwhile, man group is flying high on the london stock exchange, up by 5%. the.company acquired numera holdings for $219 million. the acquisition helped with the u.s. and computer driven markets. moving on to the bond market, we're seeing bond prices higher and yields ticking lower on the back of dovish fed statements. ten-year bund yields are at 21.34%. on the back of the boe statement yesterday, gilt below that 2.7% level. here is what the forex markets are doing. it is all about dollar weakness, close to two-week lows in terms of the dollar index. let's have a look at these currency crosses, then. euro/dollar, slightly higher by 0.2%. dollar seeing some slight weakness as we discussed against the japanese yen. to some extent, this is giving a lift to some of the higher yielding currencies. keep an eye on cable. stuck above that 1.70 rate. we get uk retail sales in about 25 minutes. sri, how are the asian markets looking? >> there are some weak spots which i will tell but. investors in asia liking what they heard from the fed. janet yellen's policy stance.

but a lot of people don't realize the term lake duck originateed at london stock exchange, a stock brokeer that defaulted on their debt. if president obama is a lame duck could it be a harbin area for the economy -- harbinger for the economy? >> there was a day, whether i started in financial journalism, did you not talk politics, the two did not meet, not until secretary -- asked for $700 billion, then you needed a degree to understand what is going to in the world today. we need them to do something, all they do is yell at each other, bipartisan became a dirty word under this president, we're going nowhere fast. >> the stock market has done well. >> because of money printing. >> i think president obama will use his executive power as much as he can. his approval rating call he said he will use his power. charles: you done hear politic thing other presidents were more adept at negotiating, you hear about ronnieald reagan, and tip o'neill on opposite sides but they found the world compromise and made it work. >> that is the operative word, he does not negotiate, and he will not be able to

the new york stock exchange and the london stock exchange. you see who is buying and selling.market and who has got what orders. offset over here, get together, nonregulated. do their transaction. do it in private. do it as a block trade. it is about internalizing orders. that is part of the issue. it's a haven for institutions. are, 40% of u.s. trade done in dark pools. >> what is at the heart of this lawsuit? raud, duplicity, deceit. those are not my words. they are part of the words eric schneiderman the new york attorney general. theirys wanted to build dark pulled business and they would stop at nothing to do that. this is lying to customers that they were protecting them. thatr complaint alleges this marketing up protections, a system of safeguards was false. the lawsuit charges that into onegrew its dark of the largest by telling investors they were diving in to safe waters when in fact pool was full of predators there at barclays invitation. thatding the fact liquidity was protected, altering marketing materials as part of the lawsuit as well. making false representati

mosul and we're going to have tried on a lot of stock exchange for us i mean if you were honest guy you would just take all kind of public on the london stock exchange but of course you don't believe that you're actually in bed with al qaeda when we all know that you are going to place of us nightmarish hairstyle challenges tonk slash through it our states are going to go see a lot of. all right states over the second half oh up more. there's a new i'm a group now i've got a polygamous family i'm looking for a woman who understands me anyway and i want her to share my goal of saving our people from the extinction of those who. had to found marriage and she said why you would change how i teach what's been taken and have decided to find a man to marry as. we want to mold women. who could say you kids together with that . just to have let's say. ok to do that with only one wife so it's impossible to. write the same. first three. and i think picture. on our reporters would. be in the. we will be pardoned by the enormous burden of laws rules and regulations which cause europe to be the school. i mean the reason that europe is going on all

the light markets, that's the new york stock exchange, london stock exchange.re two issues. one is price is expensive to trade on the light market. if a big business starts to buy ibm shares, the minute it goes many the market to buy those shares, lots of other traders pile in. the share price starts going up. they're thinking, do i want to tell the market i'm interested in buying ibm. that's where the dark pool comes in. these are non transparent markets operated by the banks themselves for their own clients. but there are two types of pools. there are dark pools which have high frequency traders in them and what are called safe pools which don't have high frequency traders in them. what has happened here, barclay said they ran a safe pool, but it was a dark pool with traders in them. >>> let's head to san francisco where google has kicked off the annual conference, software developers. the search giant says around a billion of us, a billion people are now using devices running the android operating system. in the future, it hopes it won't be just smart phones

it comes to the london stock exchange in 2012.is ahed forward, video games retailer, it sells shares just at the bottom end of the range but now worth 340 million pounds. , not looking so good for the supermarket chain. executive can get no let up. 15% say we don't want him reelected as chief executive. 26% voting against the pay packages. one of the key supermarkets here in the united kingdom off by almost 0.9%. >> thank you very much indeed. it is the 70th anniversary of the d-day landings. world leaders including barack obama and vladimir putin visiting normandy to commemorate the event. obama criticized the french president francois hollande for rewarding putin's behavior i selling warships to russia. condemned hollande the u.s. for being too harsh on french bank bnp paribas. tophat note, new york's banking regulator is said to be pressing bnp to dismiss its chief operating officer. authorities are said to be seeking the departure of another executive and around 12 employees could also be on the list. that and a potential $10

trying to in london what is a regulatory so call so let's take isis public down there the london stock exchange and mark carney would be the first guy in line buying into his allotment of these shares next i want to move on to of course what we talked about is why why there are so many enemies in front of me is set against each other in the middle east is of course about the oil and energy of course is required to grow any economy and in order to sustain the derivatives bubbles and. schemes around the world we need energy well half price kurd oil threatens iraq break up with turkish help a tanker containing a million barrels of crude oil is floating around the mediterranean and its cargo is available at half price yet if any country seizes the bargain it may be pushing your wrath closer to disintegration so the oil aboard this ship max is at the center of a fight over its ownership between the semi autonomous region of the kurdistan which pumped and shipped the crude from its territory in northern iraq in the central government in baghdad which claims the rights to all the oil revenues because

planning to list the african part of the business separately and you are listing it on the london stock exchangeype of investors are going to invest? are they people who want exposure to the african growth story, the urbanization theme, the rise of the middle class? or are they portuguese investors keen on investing in this business? those who are looking for exposure to africa because they believe the growth to africa is now growing a lot. i think it is already the continent of the present. the population is racing. and increasing the middle class, educated middle class. sector,nk the mining , areil and gas sector demanding a lot of infrastructure. it is very important to be there and to build with this huge demand. >> what do you think this business is going to be worth? some analysts are saying it could be worth 1.5 billion euros. what do you think question mark >> let the market decide it. >> you have decided to come to london. while list in london for this business? >> because i think a lot of investors want to be exposed to africa here. that -- formportant the company to be here. >> thank

that tim my mentionled plus there is the potential for them to sort of part it off on the london stock exchange. it has been out there dwight some time. if you sell this stock short, do it at your own peril. i think it's a stock you want to own and put away for the long term. >> coming up nike trading higher the latest on the call plus, how you should trade ahead of tomorrow's open that next. later, a beck sector move that no one else is talking about today effect the beg unveil on how to trade eight little later on. . . welcome back to fast money. we are live in time's square. time for big movers of the day. we got a drop for bed, bath and beyond. >> the forecast trail estimates, that's enough to take a stock down for you. it's got to hold the level from march, 2013, levels 54.62. below that level, it's extremely bearish. >> alcoa's big problem, today, it's a very big deal for them. it will increase the marvins, they will go higher. >> another one elizabeth arden down 17%. >> we talked about this a couple days ago saying you can't put lipstick on this pig or something like that. >> a term. >>

the london stock exchange's number two has been euronext. what about them?bottom of the range so what were those concerns? >> i haven't been here for a month and all i hear is that haveean equities and ecb no purchase programs and activity will pick up. i talked to a traitor this morning -- i talked to a traitor this morning and he said eu ronext will go up. you can push down volumes more so the outlook for an exchange like that, even optimism picks up. thenecessarily volumes area outlook is optimistic but the reality right now does not match up. >> thank you so much. there are a few things a crafty chinese entrepreneur was able to salvage from a junkyard. if there was ever a cotton city for china, it would be shanghai with this futuristic skyline. it's missing a caped crusader or is it? mobile when the bat-like was spotted. we would never have guessed what was in store for us here. >> unicorns, transformers, and the batmobile. >> who better to bring along than the longtime car guy come l" the joker" russo. of actor turned hobbyist turned entrepreneur turn t

company is now listing just limited share trading today, conditional share trading on the london stock exchange0 million pounds. not sellngly, they do at the top of their range. two pounds per share was the price. ipo share price. it still came out. >> thanks, caroline. draghi didp, mario not just bring up a bazooka to the meeting, he was dressed like rambo. some were impressed, others were not. withll check on that story him and just a couple minutes time. ♪ >> welcome back to "countdown." i'm mark barton. >> i'm anna edwards. we are currently looking at live pictures from the d-day commemoration taking place in northern france, not far from the beaches of normandy where 70 years ago we saw troops from allied forces land. president obama, president hollande, president put in and others gathering to commemorate those events in northern france in normandy. >> obama will make remarks at the enormity american cemetery normandye e american cemetery. james hughes is here to take a look at what might happen at the open today. you compared him to rambo yesterday, james. >> it was pretty much gung ho f

--he london stock exchange institute for lying to some of its key customers. house call, the bank of england get set to unveil tools to tackle surging property prices to protect britain's recovery. we will bring you his speech live. good morning, folks. you are watching "the pulse." androidcoming up, everywhere. the latest software into all corners of your life. >> we speak exclusively to the ceo. the watches can sell for more than $100,000. better keep good time for that kind of money. shares under pressure this morning, very much taking a hit after the attorney general's decision to begin a lawsuit against the institution. they allege the bank lied to its customers. jesse westbrook joins us. before we get into the lawsuit, talk to us about where the focus of this is. this is an exchange trading platform that is used to mask intent. it is a little ok. -- it is a little ok. paque. didinstitutional investors not want to trade on public exchanges and tip the rest of the market off on what they were doing. affecting their ability to get shares at the best price i

you have the london stock exchange, traveling the world to bring in frontier marketing issuers, emergings. what euroneck has to offer was a strong local base for offering. france was the third largest generator of equity capital markets over the course of the year-to-date. one of the home bases for euroneck. portugal is in the top ten. perhaps the netherlands, not performi performing quite as well for origination. but we're working on a deal with that country. euroneck is well placed in terms of being there on the continent. >> let's talk about the ipo market in general. we have seen some profiting, especially here in the uk. but in the u.s., we're still bracing for the mother of all ipos, alibaba happening in august. do you think that by then during the course of the summer ipo sentiment will have softened over in the use? >> it's hard to say. it's always been a deeper capital market for equities in particular compared to the -- compared to use. when the balance the two, the there is a much deeper capacity to absorb those bigger deals and markets have been waiting. interest adam, we're

this relates to the time for a stock exchange between london and the new york stock exchanges. currently, there are 12 fiber optic cables in the atlantic, the last one being engineered over a decade ago, but the new one will follow a little bit straighter line. >> by building the new table straighter than the twisting cable, it will knock off 500 kilometers, which makes it 5 milliseconds faster than the highest one today. >> but building it isn't cheap. the advantage for high frequency traders, $200 million. >> the information is traverses the little fibers, and of all of the cable, the relevant part, everything else is occupying the signal. and it's absolutely fascinating to think that this cable is linking the two continents. >> and it doesn't end there. they're thinking of constructing a laser network across the atlantic. >> it's a succession of 30 high altitude flat forms, that would be geo stationary at 50,000 feet. with this technology, and that would connect new york to london:. >> the price tag for the transatlantic air bridge that would save 30 seconds, $500 million. n

i ask you because it's reported the london stock exchange may buy the operation for $2.8 billion.w you can't tell me about the deal, but how do you drive business forward and synergies? >> absolutely. i saw the rumors in the press you have, and, of course, i can't comment on them, but they are a global multiinvestment firm, been in the business for 75 year, and we've been calculating indexes for 30 years so 2014 is the 30th anniversary of the russell, and we get tremendous insight. we bring investors tremendous insignificant from the indexes leveraging management here, leveraging consulting harmg, and so russell is a multifaceted managing firm, investment firm, and indexes are a component of that, but they play nice together. >> interesting. a good launch pad for the british into the american economy? >> well, you know, you have to go to the press and read what's out there. i can't comment on, that but if you look at what we are doing today around reconstitution, it's still very much a growth story. you know, in 2014, back 12 months, the last reconstitution, you know, still in goo

making headlines, london stock exchange is buying the company which owns and runs the u.s.s for $2.7 billion. i said, guys, it was a big day. as you might have heard. there's a soccer match going on later on. >> i heard about that. >> will farrell stopped by the fan hq where the game will take place. all the stars are out. >> is go pro going to attach go pro cameras. that would be a good promotion. >> good question. two points. maybe they should to the refs so we can see what the referee sees. >> that's good. >> and also any italian player's shoulder. >> that would hurt when you bite it. >> our guest host for the next two hours, former fed governor kevin warse. he co-authored that article we're talking about. the economy is being held back because of the fed policy. i don't mean to speak for you. i want to read two sentences from this. you say the fed's extraordinary tools are far more potent in goosing balance sheet wealth than spurring real income growth. you say all of what's been going on provides little solace for families and small businesses that must rely on their i

london overnight? >> they will look carefully i don't think there is cause for panic quite yet. liz: that is what we hear from the floor of new york stock exchangeut the u.s. is still undecided how its will react we wonder if also irene will be in play. thank you to our guests. great to have you both. closing bell rings and 45 minutes and civil borer what should you do with your money right now? we too brilliant money managers with hundreds of billions of dollars in play. coming up next we have sector picks and stock picks. you have to watch this. cybersecurity is a huge business and growing fast. really only over two years it has seen the stock surged more than 70% in the past year. telling us about the latest threat. are they coming from hackers or entire governments? fox business. ♪ so i can reach ally bank 24/7 but there are no branches? 24/7 i'm sorry- i'm just really reluctant to try new things. really? what's wrong with trying new things? you feel that in your muscles? yeah...i do... drink water. it's a long story. well, not having branches lets us give you great rates and service. i'd like that. experience a new way to bank where no bran

stocks as well. we will be sitting down with mr. mobius and we will bring you the headlines from london later this afternoon. we did a bit of a transatlantic exchanger the summer. bringing it back to u.s. equities, the s&p 500 hitting 2000, it is these levels that everyone is talking about. how long will it take to pass key levels. does it matter? let's bring in mike reagan. i speak for smart money, so disregard this, is it silly that round numbers don't matter? to a few spoken strategists and was fully expecting to hear the same thing , but they do tell me that it matters a bit to the extent of not your smart money if you are analytical or a quantitative trader, but you have this sort of retail investor on main street, the round numbers kind of matter and if you look back to 10,000 the first time, the dow has struggled with 1000 and that was legendary. it started approaching it in 1968 that it was not until 1982 until the dow jones held steady above 1000. same story from between 97 and through the.com bubble. back low enough, 2009, 1000. late in 2009 it recovered. we are obviously talking about bubbles there. there is more at stake than round numb

london. >> thanks very much. >> coming up next we will have the latest on what the reporters are watching on the stock exchangeright after this short break. >> there is the bell. welcome to the stock exchange. let's check in on what the reporters are watching with trading underway in as yeah. everybody is looking at this deal and wondering where it will fall. >> today is the day. hitachi may do a counter bid. that is what is happening. we will watch it throughout the course of the day and siemens when germany opens. "wall street journal" reporting general electric could be ooking to increase their offer . atch that. alstom the french government needs to clear either one. but i am sure they will clear the siemens one i think more logically than the g.e. one. but we will see. . let's see also when it comes to flour. >> yeah. it hasn't started trading. it closed at on friday. last i checked 128 already. >> ok. >> 64% premium was what they were willing to pay. >> all right. stocks to watch. thanks, guys. that is the verdict from the stock exchange. thank you for joining us on "first up" for today. >> good morning

exchange rates and declining wholesale deliveries. the stock off nearly 7%. >>> federal reserve governor speaking in london at the moment.uidance helped lower interest rates. the fed is on track to end the bond purchases in the fourth quarter of this year. and he's speaking prepared remarks for this event. we'll keep more eyes out for what he has to say. >>> meanwhile, the japanese prime minister, shinzo abe ordered to accelerate the asset allocation of the world's biggest pension fund. we go to tokyo for more. >> the nikkei's reporting today that prime minister abe instructed welfare minister to speed up the government pension investment funds process by increasing investment in japanese shares. he said he will urge the gpif to complete the review process as quickly as possible. abe wants the fund to announce a new portfolio by september or october instead of the initial year-end deadline. the gpif is the world's largest fun pension fund with $1.2 trillion in assets. domestic bonds make up 60% and japanese equities around 17% of its portfolio. the fund is considering rotating money out of domestic bonds and into domesti

london, the exchange. most of this is done by regular trading but stock trading, as you would imagine, at a computer screenlephone at times. they still make party-to-party trades. a lot has moved offshore. so you see goldman sachs essentially selling parts of commodities to parts of the world that has less regulation. goldman sachs has this metal storage facility, their business had a business that prices were getting higher partly as a result of their role. and the federal reserve has said, we think there's systemic risks involved with commodity hol holdi holdings, and you need to depossess yourself. >> how do the government regulators make sure this remains efficient so everyone benefits? >> here's the reason. and i think this needs further study. speculatorers could have an impact on prices. it's hard to say. how can you decide what motivates somebody to buy or sell. you don't know. one key is to bring the ftc to full leadership and make sure they're actually enforcing the new rules they've written. and then take a look at what it is by speculative community. there are regulations moving through positio

stock exchange as the company holds its investors conference here in new york, scott. >>> plus, the company. has been in the news this week reportedly considering a takeover of londonased smith&nephew. let's bring in medtronic's ceo, omar ishrak. great to speak to you this afternoon. any truth to this talk of a potential deal with smith and nephew? >> you know, it is a long-standing policy not to comment on any speculation of the shorts. i'd rather talk about other exciting things. >> the analyst community is sort of mulling how this would work out or why you would even potentially be interested in such a thing. would you do a deal with somebody outside this country simply for tax reasons? >> look, again, i don't want to comment on any speculation. what i will say is our general strategy towards m and a is first around business strategy itself. we look at what the strategic elements are, then optimize a structure after we settled on whether those strategic elements are attractive enough or not for us to pursue anything in that space. >> it's interesting, omar, there are analysts who point out that your effective tax rate for the fiscal -- full year '14 so far is 20