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Apr 22, 2015
04/15
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BLOOMBERG
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omnicare still has to battle it out.esn't have to defend itself in that lawsuit at the supreme court level. alix: thank you so much. turning now to greece. the ecb raising its cap in emergency funding to greek a desk greek banks as -- to greek banks as talks drag on. default is necessary. reading from the financial times -- there is no eu ruling saying you have to leave the euro zone you default from your debt. wolfgang joins me now from the phone over london. thank you for staying up late with us. what scenario does this look like if we do have a default but not an exit for greece? wolfgang: it is possible greece does have a default and exit. what i am saying is it is not necessary. they will probably default a little bit. they may not pay the imf. they have to pay little bit of money to the imf in a. they may not do this. this may be a default. this is payments to do in july and august. some of this debt is coming due. that will be classified a default. it depends if the european central bank may not call the trigger,
omnicare still has to battle it out.esn't have to defend itself in that lawsuit at the supreme court level. alix: thank you so much. turning now to greece. the ecb raising its cap in emergency funding to greek a desk greek banks as -- to greek banks as talks drag on. default is necessary. reading from the financial times -- there is no eu ruling saying you have to leave the euro zone you default from your debt. wolfgang joins me now from the phone over london. thank you for staying up late with...
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94
Apr 23, 2015
04/15
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KQED
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eye 94
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. >>> and omnicare saw its shares pop on a bloomberg report that it is exploring a sale. the company supplies drugs and services to nursing homes. this comes amid a lot of deals in the health care space right now. shares closed 4% higher on that report at $84.52. >>> it has been called the great government raisin heist. at the supreme court today, california farmers are challenging a depression era government program. one that forces raisin growers to surrender part of their annual crop with no compensation from the government. hampton pure isson has more on one of the most important property rights cases in recent years. >> california raisin farmers marvin and laura horn say the government has been stealing tons of their raisins for more than a decade. a 1937 law run gi the agricultural depar requires them to hold back a portion of the crop every year or pay a penalty. the horns have been fighting the raisin toll regulators since 2003 facing more than 700,000 dollars in fines in addition to the lost revenue from holding back nearly half of their crop in some years. back
. >>> and omnicare saw its shares pop on a bloomberg report that it is exploring a sale. the company supplies drugs and services to nursing homes. this comes amid a lot of deals in the health care space right now. shares closed 4% higher on that report at $84.52. >>> it has been called the great government raisin heist. at the supreme court today, california farmers are challenging a depression era government program. one that forces raisin growers to surrender part of their...
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Apr 30, 2015
04/15
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CNBC
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eye 176
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those are kind of similar spaced companies to an omnicare.calls you need to know about. it is called "street talk." it is coming up next. stick with us. the dow down 104. >>> all right. the disaster du jour has got to be yelp. shares are falling, disappointing results. second quarter guidance was weak. the company reporting an unexpected loss of two pennies per share. revenues were slightly below expectations. on a more bullish note credit suisse saying this is self-inflicted and the analyst thinks that's starting to go through. time for "street talk." five stock calls. our first stock yum brands. boosting its target. they did a survey and showed kfc is still a good brand in china and stock has already been hot, up 18% to date. >> in china they had supplier issues but kfc is a strong brand for yum in the united states. in the latest quarter they posted 7% same-store sales gross in the u.s. and that is a decade high. amazing growth there. >>> next up jetblue. we saw it pop to a multi-year high on earnings and credit suisse is upgrading from ou
those are kind of similar spaced companies to an omnicare.calls you need to know about. it is called "street talk." it is coming up next. stick with us. the dow down 104. >>> all right. the disaster du jour has got to be yelp. shares are falling, disappointing results. second quarter guidance was weak. the company reporting an unexpected loss of two pennies per share. revenues were slightly below expectations. on a more bullish note credit suisse saying this is self-inflicted...
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Apr 30, 2015
04/15
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BLOOMBERG
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shares of omnicare arising. the company said to be drawing interest from potential buyers. potential bidders also include walgreens, boost alliance, and mckesson. we have less than an hour to go on the close. scarlet fu is looking at the action. scarlet: right around the lows of the session. trading is picking up. selling is picking up. i'm looking at volume and nasdaq stocks notably higher. 11% above the 10-day average. the nasdaq is for it at -- is falling for four straight day. it has been downhill. look at the 10-year yield. it has now turned around pretty much. it was unchanged earlier. prices were declining and yields were higher. treasuries were mired in the longest losing streak since february. as stocks continue sinking you are seeing some buying of u.s. treasury's right now. let's talk about the dollar. what happened to the strong dollar trade? the losses are accelerating this afternoon. the euro strengthens. that is the plus side to this trend. europe's economy is improving while u.s. growth is slowing down. let's take a look at oil. second biggest monthly gain s
shares of omnicare arising. the company said to be drawing interest from potential buyers. potential bidders also include walgreens, boost alliance, and mckesson. we have less than an hour to go on the close. scarlet fu is looking at the action. scarlet: right around the lows of the session. trading is picking up. selling is picking up. i'm looking at volume and nasdaq stocks notably higher. 11% above the 10-day average. the nasdaq is for it at -- is falling for four straight day. it has been...