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Jan 9, 2014
01/14
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for almost eight hours, rutledge was stuck under the truck.ugh he yelled, no one could hear him. the windchill, nearly 40 degrees below zero. his clothes froze to the ice and snow on the ground. >> it was so cold and the wind was blowing so much, i went to blink. and my right eye froze -- the eyelid froze shut that fast. >> reporter: back home in florida, his panicked wife calling him over and over. his phone in his pocket on vibrate. >> that's the only morning he never really called me. i still can't believe that he didn't. >> reporter: all those vibrations caused the phone to fall out of his pocket. using his free arm, he stretched his frozen fingers, desperately reaching and pushing buttons, until he activated the voice function and called his boss. paramedic david gabert quickly arrived and started looking for rutledge. >> it's like finding a needle in a haystack in a snowstorm. >> reporter: paramedics pulled him out. >> i couldn't hold on any longer. that was the last thing i remember saying. >> it was a load and go and get him to the hos
for almost eight hours, rutledge was stuck under the truck.ugh he yelled, no one could hear him. the windchill, nearly 40 degrees below zero. his clothes froze to the ice and snow on the ground. >> it was so cold and the wind was blowing so much, i went to blink. and my right eye froze -- the eyelid froze shut that fast. >> reporter: back home in florida, his panicked wife calling him over and over. his phone in his pocket on vibrate. >> that's the only morning he never really...
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Jan 27, 2014
01/14
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after robbing him, rutledge then shot the man five times, killing him instantly.let contained $20. when rutledge arrived on death row at 22, the threat of execution pushed him to the edge. >> life on death row, to me, was a very traumatic experience. i stayed in the cell 23 hours a day. i felt lost, confused, devastated. and knowing that you're going to die, that they sent you there to die, it have an even more vicious effect on your mentality and that death was definitely next. i went through a mental stage where i like lost my mind. >> since coming off death row, mitch rutledge has taught himself to read and write and earned his ged. now he expresses himself through his writing. >> i consider myself a poet. but i wrote this because at this particular time, it was a friend of mine being executed, and i was deeply wounded by that. and i was deeply touched. "tonight, death has been called forward once again from the life it resides in to carry out the wishes of the state of alabama in the execution of another death row inmate. death all smiles tonight. it didn't ha
after robbing him, rutledge then shot the man five times, killing him instantly.let contained $20. when rutledge arrived on death row at 22, the threat of execution pushed him to the edge. >> life on death row, to me, was a very traumatic experience. i stayed in the cell 23 hours a day. i felt lost, confused, devastated. and knowing that you're going to die, that they sent you there to die, it have an even more vicious effect on your mentality and that death was definitely next. i went...
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Jan 14, 2014
01/14
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joining me now in an exclusive interview is charter communications ceo tom rutledge.thanks for making the trip down here from connecticut. >> thank you, david, glad to be here. >> time warner cable said we've been to the table with you and guys and we give you $160 a share, that's what deals get done at. pay 160 bucks a share and we're yours. why not do that? >> well, for one, we've been at this quite a while as you know and when we first approached them, more than six months ago, their stock was trading $96 and it's almost run up 40% since we initially approached them. and we think that we've been at this process a while. working toward the price that we've gotten to. and that it's a rich and fair offer. >> why is $132 let's call it that a rich and fair offer? they say it's seven times and they point out that charter trades at 9.2 times ebita, but a higher multiple than you're willing to pay to take control of that company. why does that seem fair? >> when you think about what's been going on, since we started talking to time warner cable they lost more than half a m
joining me now in an exclusive interview is charter communications ceo tom rutledge.thanks for making the trip down here from connecticut. >> thank you, david, glad to be here. >> time warner cable said we've been to the table with you and guys and we give you $160 a share, that's what deals get done at. pay 160 bucks a share and we're yours. why not do that? >> well, for one, we've been at this quite a while as you know and when we first approached them, more than six months...
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Jan 9, 2014
01/14
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truck driver tim rutledge was penned undernegotiate his rig. his wife kept calling and calling, and rutledge couldn't reach the phone in his pocket because he was literally or stuck the ice. the cell phone called out and use voice control to make a call and his wife was relieved to finally locate him. >> i thought about you know our kids and grandkids, and that we just had christmas. and i was just thankful he was still alive. >> rutledge spent hours lying on the ground it is truly amazing he department get frost bite. >> governor christie speaking out on the bridge scandal. he fired his top aide forever her role in the scheme. christie so manies as a top contender for the republican nomination holding a news conference to apologize. eric? >> reporter: governor chris christy is sorry and heart broken and blind- sided, this after a top level official of his administration and staff and campaign were exexacting political pay back on the democratic mayor for not endorsing christie's reelection bid last november. >> i come out here today to apologi
truck driver tim rutledge was penned undernegotiate his rig. his wife kept calling and calling, and rutledge couldn't reach the phone in his pocket because he was literally or stuck the ice. the cell phone called out and use voice control to make a call and his wife was relieved to finally locate him. >> i thought about you know our kids and grandkids, and that we just had christmas. and i was just thankful he was still alive. >> rutledge spent hours lying on the ground it is truly...
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kim rutledge was fixing his frozen brakes at a truck stop when his semi shifted and pinned him to then the snow. no one heard his cries for help, and he eventually called his supervisor, who then called the truck stop. >> thank you very much to every person involved, especially the people there at the pilot store and the ems people that crawled under there in the freezing weather and dug me out. >> rutledge couldn't reach his phone at first, but his worried wife just kept calling over and over, and the vibrating phone eventually moved and fell to the ground. now, he was too frozen to dial, but he managed to get the voice command to work. >>> a noted cancer surgeon is facing charges that he spied on his wife during a divorce battle. dr. steven curley is accused of using a program called eblaster to monitor his wife's e-mail. he retired from the md anderson cancer center in houston last year. >>> a minnesota family were rudely awakened before dawn earlier this week by an intruder that had crashed through a sliding glass door. that intruder, a full-grown deer. in just a few minutes, it t
kim rutledge was fixing his frozen brakes at a truck stop when his semi shifted and pinned him to then the snow. no one heard his cries for help, and he eventually called his supervisor, who then called the truck stop. >> thank you very much to every person involved, especially the people there at the pilot store and the ems people that crawled under there in the freezing weather and dug me out. >> rutledge couldn't reach his phone at first, but his worried wife just kept calling...
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Jan 10, 2014
01/14
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here now with their economic improvements, we welcome back steve stanley and john rutledge.ank you very much. steve stanley, 200,000 tomorrow. i'm going to venture if that number is right, i'm going to get your take on t. it's going to push the fed to cut back on their bond purchases faster and greater. >> well, my number is pretty close to that. i don't have any qualm with the consensus forecast. i think the taper pace is probably more or less set in stone. they are going to go with steady, small clips and probably be done, in my view, by the end of the year. i'm not sure at this point that a m it makes a huge difference to the fed. >> if you read the fed minutes that came out yesterday and sort of the commentary, some of these fed governors are worried about bubbles. i think they desperately want to unwind qe 3 but they are saying bubbles. the stock market p.e.'s are bubbles, that there's too much le leverag levera leveraged loans. i think the loans have been underheating. is the fed in some sort of a panic mode to get the hell out of qe 3? >> i think they want to get out
here now with their economic improvements, we welcome back steve stanley and john rutledge.ank you very much. steve stanley, 200,000 tomorrow. i'm going to venture if that number is right, i'm going to get your take on t. it's going to push the fed to cut back on their bond purchases faster and greater. >> well, my number is pretty close to that. i don't have any qualm with the consensus forecast. i think the taper pace is probably more or less set in stone. they are going to go with...
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Jan 14, 2014
01/14
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nice to see you. >> fwrat to be here, scott. >> what do you make of rutledge's point.one? >> well, he forgot to mention that time warner cable lost 860 video subscribers in 2013. he has somewhat of a point but the fact is that his company, charter, is not doing any better than time warner kanl if whole industry right now is in flux. undergoing a c change. >> the stocks have done really well though. right? >> the stocks are great because there's going to be consolidation. if you want to look at a bargain, time warner cable is 20 times pe. comcast is 20 times pe. cablevision is eight times pe. why haven't tom rutledge looking at a deal he can do. he came in with a low ball bid. he got the door slammed in his face. time warner is up for grabs. the deal will happen this year. it's going to happen north of $145. and it's a great play right now because stock went up $3 and change today. it's going to keep going up until someone closes the deal. >> you said 145ish is a range we're talking about. not the 160 that twc seems to think that it -- >> 160 is a real pipe dream. the f
nice to see you. >> fwrat to be here, scott. >> what do you make of rutledge's point.one? >> well, he forgot to mention that time warner cable lost 860 video subscribers in 2013. he has somewhat of a point but the fact is that his company, charter, is not doing any better than time warner kanl if whole industry right now is in flux. undergoing a c change. >> the stocks have done really well though. right? >> the stocks are great because there's going to be...
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Jan 24, 2014
01/14
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. >> we have john rutledge, chief investment strategist who has traveled extensively through china.with this manufacturing report out of china the other day and the market started to sell off at that point. is that really what this has been about just the fears about the growth rate in china? >> well no. i think it started at the beginning of the year when we saw a lot of the emerging market currencies decline due to the fact that the fed started to taper. what we had was two-pronged approach where we had the fed withdrawing stimulus as well as the fact that china pmi slowed. if you look at the top trading partners of argentina and some of the countries that are having the biggest currency fights on their hands right now, the top three is basically china, the united states, japan or germany depending on which emerging market you're looking at. so that's a double-pronged assault on those emerging markets. we saw a lot of vix buying. i don't think people are selling stocks. what they're doing is hedging in the vix. the vix went up to 17. as well as selling the futures in the e minis.
. >> we have john rutledge, chief investment strategist who has traveled extensively through china.with this manufacturing report out of china the other day and the market started to sell off at that point. is that really what this has been about just the fears about the growth rate in china? >> well no. i think it started at the beginning of the year when we saw a lot of the emerging market currencies decline due to the fact that the fed started to taper. what we had was...
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Jan 9, 2014
01/14
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rutledge spent hours laying on the ground.get frostbite. he's alive and okay. martha: well, a brand new public library offering a glimpse of the future. inside you'll find rows of computers, tablets, ipads, not a sight, folks. casey steegal's live in dallas. this looks more like an apple store than it does like one of my favorite old-fashioned libraries there, casey. >> reporter: yeah, martha. you know, it really does, certainly not the conventional libraries that we're used to. you won't find a single hard copy of a book inside or a periodical. this is the bib lo tech down in san antonio, texas, and everything inside is digital. and they are outfitted with tons of technology, 48 imac computers, 40 ipads, 200 nook tablets and 600e-readers. visitors we ruse the more than 17,000 digital titles, click on what they wallet, then it is download today a device and they leave the library with it. the brains say it's far cheaper to operate than the public libraries of the past, a real selling point in these tough economic times. >> we
rutledge spent hours laying on the ground.get frostbite. he's alive and okay. martha: well, a brand new public library offering a glimpse of the future. inside you'll find rows of computers, tablets, ipads, not a sight, folks. casey steegal's live in dallas. this looks more like an apple store than it does like one of my favorite old-fashioned libraries there, casey. >> reporter: yeah, martha. you know, it really does, certainly not the conventional libraries that we're used to. you won't...
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Jan 13, 2014
01/14
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now it formally gets the ball moving. , spoke with the charter ceo tom rutledge, and he told me he hasage numerous times with time warner cable, most recently around christmas, consistentlyer has rebuffed charter, so he is taking his case to shareholders. he feeling this letter which we have first on bloomberg him a basically the contents of it say we have tried multiple times to do a deal. time warner cable doesn't want to engage. we think this deal is beneficial for shareholders. we don't think time warner cable can get the same kind of growth that charter management can, and therefore charter and time warner cable should do a deal. towill be up to shareholders convince time warner cable's management and board that a deal should get done. >> time warner said they would not consider if it -- unless it was in the realm of $155 a share. >> a sickly what tom rutledge said to me is, time warner cable came back to him with an offer that they knew they would reject on the face of it. we have heard from people familiar that time warner cable wants between $150 and $160 a share. cash and the
now it formally gets the ball moving. , spoke with the charter ceo tom rutledge, and he told me he hasage numerous times with time warner cable, most recently around christmas, consistentlyer has rebuffed charter, so he is taking his case to shareholders. he feeling this letter which we have first on bloomberg him a basically the contents of it say we have tried multiple times to do a deal. time warner cable doesn't want to engage. we think this deal is beneficial for shareholders. we don't...
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Jan 26, 2014
01/14
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yes, you can create your own plan, and it's a great rutledge, and you ought to take advantage of it,ecause you can help tivo. >> how do you pick your causes? >> because i know that every single problem in america would be better if more people could read, write, and comprehend. we would be able to compete with the rest of the world. we wouldn't have these children committing crimes because their families don't have jobs. they don't have jobs because they can't read. they can't write. they don't understand. that was such an easy project to pick. i admit it took half a year to pick it because i always volunteered in hospitals, but there is no question in my mind. i think the thinking is coming to that conclusion. we have got to educate our children and their parents. it's not just a whim. it's a necessity if we are going to compete in this world. >> was there ever a day in the white house were you wanted to say no more, i am done, i quit? >> no, how could you say that. you have 90 people whose only aim in life is to keep you happy, and your husband is doing good things. he is doing the
yes, you can create your own plan, and it's a great rutledge, and you ought to take advantage of it,ecause you can help tivo. >> how do you pick your causes? >> because i know that every single problem in america would be better if more people could read, write, and comprehend. we would be able to compete with the rest of the world. we wouldn't have these children committing crimes because their families don't have jobs. they don't have jobs because they can't read. they can't...
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Jan 23, 2014
01/14
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what would be the improvement to time warner cable under tom rutledge?at cable consolidation allows the cable industry to operate better and offer more value to shareholders. whether it be through better sharing of technology, through providing scale to negotiate with content providers, but in addition, if you look over the last several years where charter has begun to grow and move video subscribers up from basic to expanded basic and into larger amounts of triple play, time warner cable has lost triple lay shareholders. we believe there also operational issues inside of time warner. >> we're talking to you the day quick projects subscribers to be added the same day they announced that they add in the prior quarter. the fact that netflix continues -- doesat these levels that add the urgency on to what you are doing with trying to merge the two cable operators? >> i absolutely think it does. it suggests that providing a national or more coordinated focus among cable to compete with things like netflix, in many ways there is no reason netflix should be ha
what would be the improvement to time warner cable under tom rutledge?at cable consolidation allows the cable industry to operate better and offer more value to shareholders. whether it be through better sharing of technology, through providing scale to negotiate with content providers, but in addition, if you look over the last several years where charter has begun to grow and move video subscribers up from basic to expanded basic and into larger amounts of triple play, time warner cable has...
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Jan 14, 2014
01/14
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in a statement, rutledge says, quote, our intent is to talk to time warner cable shareholders and convince together and putting the company back on a growth trajectory will create enormous value for shareholders. time warper rejected the offer as grossly inadequate. in his own statement, marcus calls the bid a nonstarter and says a significant portion could be in stock, the value could be substantially lower, given the valuation, operational and significant balance sheet risks embedded in charter stock. the market says time warner cable is willing to accept the price of $160 a share with at least $100 of that in cash. time warner shares rose nearly 2% in after hours on monday. today, we're seeing the stock up, as well. now, a program note, charter ceo tom rutledge will be on "squawk on the street" for an exclusive interview at 9:00 a.m. eastern. you don't want to miss that. julia. >> seema, we won't, don't you worry. thanks for keeping us informed. >>> google is our your pc and in your pocket. now the company wants to be on your wall. google is buying nest labs, a maker of smart thermostat
in a statement, rutledge says, quote, our intent is to talk to time warner cable shareholders and convince together and putting the company back on a growth trajectory will create enormous value for shareholders. time warper rejected the offer as grossly inadequate. in his own statement, marcus calls the bid a nonstarter and says a significant portion could be in stock, the value could be substantially lower, given the valuation, operational and significant balance sheet risks embedded in...
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it was monday and with record-setting cold gripping the nation, truck driver tim rutledge pulled overt this truck stop in indiana to fix his brakes. but while under the truck, the vehicle shifted. >> it caught my left side and my left arm was pinned by the axle of the truck. >> reporter: with the windchill reaching 42 below zero, tim became stuck, frozen to the pavement where he remained trapped for nearly eight hours. >> i was yelling but nobody could hear me. >> reporter: what led to tim's rescue is just as miraculous as his survival. >> that's the only morning he never really called me. >> reporter: sensing something was wrong, his wife at home a thousand miles away in orlando, florida, began calling tim's cell phone relentlessly. the vibration eventually shaking it loose from his jacket, still unable to reach the phone, tim was able to dial using voice command. >> i says, whoever this is, whatever you do don't hang up the phone. if they hung up the phone it was going to be my last chance to talk to anybody. >> reporter: tim not knowing who he had called reached his supervisor who
it was monday and with record-setting cold gripping the nation, truck driver tim rutledge pulled overt this truck stop in indiana to fix his brakes. but while under the truck, the vehicle shifted. >> it caught my left side and my left arm was pinned by the axle of the truck. >> reporter: with the windchill reaching 42 below zero, tim became stuck, frozen to the pavement where he remained trapped for nearly eight hours. >> i was yelling but nobody could hear me. >>...
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rutledge couldn't reach his phone at the time. but his worried wife was calling him repeatedly.ved and fell to the ground. he was too frozen to dial but managed to get the voice command to work. >> thank goodness for that. he was so frozen that in order to get him out, rescuers had to cut him out of his clothes because his clothes were frozen too. >> wow, take a look at what he says. he says getting rescued was better than winning the lottery. >> an understatement there. >> an understatement absolutely. >>> schools going without any problem today in chicago, unlike yesterday. the diesel fuel became too thick and kids were given excused absences if they couldn't find a ride to school. >>> the two-day blizzard warning for the area around buffalo, new york, has been lifted, but not before the storm dumps between 22 and 27 inches of snow. officially temperatures hit a low of minus 5, tying a record set in 1942. the concern now is over flooding. once it all melts. though that's not likely for some time. >>> well, conditions are improving but there are some spots out there that aren't
rutledge couldn't reach his phone at the time. but his worried wife was calling him repeatedly.ved and fell to the ground. he was too frozen to dial but managed to get the voice command to work. >> thank goodness for that. he was so frozen that in order to get him out, rescuers had to cut him out of his clothes because his clothes were frozen too. >> wow, take a look at what he says. he says getting rescued was better than winning the lottery. >> an understatement there....
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Jan 28, 2014
01/14
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let's welcome back john rutledge, chief investment strat jill, andy bush, author and publishers of "thehey're saz brazil is becoming argentina, argentina is becoming venezuela, india is moving to the left, turkey is moving to the left. numerous examples, they're abandoning the principles and stabilizing the currency that got them in the game in the first place. that's what worries me. >> well, you could say brazil already did that pretty significantly. so they've got some problems, and clearly the protests going on about the upcoming world cup and olympics there underscore some of the issue that is brazil has, but really, larry, when i look into the university of emerges markets, i get concerned about the elections. it started with thailand, obviously that's february 2nd can when they have air election. local elections in turkey, toish has devolved into two camps, just a lot of uncertainly. of course, when you get that, all of a sudden, all the good things you were buying on kind of dissolve. >> right, right. >> and you realize they have big problems. >> they have deserted the very prin
let's welcome back john rutledge, chief investment strat jill, andy bush, author and publishers of "thehey're saz brazil is becoming argentina, argentina is becoming venezuela, india is moving to the left, turkey is moving to the left. numerous examples, they're abandoning the principles and stabilizing the currency that got them in the game in the first place. that's what worries me. >> well, you could say brazil already did that pretty significantly. so they've got some problems,...
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Jan 14, 2014
01/14
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historically worked for time warner cable, tom rutledge. trying to do a deal with a $30 spread. that is what is on the table. is what time warner cable wants. what is up for grabs? 12 million video clients, cable assets in l a new york, and dallas. they have had conversations on several occasions. we did not put our house up for sale. we got a knock on the door and somebody was trying to lowball us with an offer. when it comes down to this retracted. period ofotracted negotiations, they are going straight to the shareholders that this stage. we caught up with one of the big thinkers over at deloitte. he is the head of tech, media, and telecom. he said, we get this idea that they will start dropping cable subscriptions. 50 million people out there will have two or more paid tv subscriptions. we are going to double up, if not triple up. which sort of blew my mind. and then we had a chat which said the cable operators need to get together. you need to have consolidation to deliver efficiency. back to you. >> thank you very much indeed. shares are falling even though the internet-on
historically worked for time warner cable, tom rutledge. trying to do a deal with a $30 spread. that is what is on the table. is what time warner cable wants. what is up for grabs? 12 million video clients, cable assets in l a new york, and dallas. they have had conversations on several occasions. we did not put our house up for sale. we got a knock on the door and somebody was trying to lowball us with an offer. when it comes down to this retracted. period ofotracted negotiations, they are...
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Jan 22, 2014
01/14
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started seeing some of that but we started off 2014 with john malone putting his arms around tom rutledgen there will be a market made. you also saw centauri -- suntory. growth andor 2014 is use your financial currency which is your high stock rise and do deals, make a transaction. palp has said he is fine with no longer a deal between mongolians and pepsico. he will get a board seat and >> cut costs. mondolese with a 60 billion market cap is not a small company. for an individual like nelson where we share a common ownership and legg mason and others, how will he do this? independent of whether he was there, he may do things faster. gets,lese has this chocolate and confectionery. it will grow double-digit in the developing world. years.l earn 50% in five >> you are happy with that? >> my clients are ecstatic. if i can make 13% compound annual growth over the next five years versus and s&p that will grow five-seven percent, twice the s&p, why shouldn't they be happy? wow. we will be dancing in the streets. >> many people listen to you and your comments on the stock market and on various c
started seeing some of that but we started off 2014 with john malone putting his arms around tom rutledgen there will be a market made. you also saw centauri -- suntory. growth andor 2014 is use your financial currency which is your high stock rise and do deals, make a transaction. palp has said he is fine with no longer a deal between mongolians and pepsico. he will get a board seat and >> cut costs. mondolese with a 60 billion market cap is not a small company. for an individual like...
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Jan 21, 2014
01/14
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yes, you can create your own great rutledge, and you ought to take advantage of it, because you can helpo. >> how do you pick your causes? >> because i know that every would problem in america be better if more people could read, write, and comprehend. we would be able to compete with the rest of the world. wouldn't have these children committing crimes because their families don't have jobs. they don't have jobs because they can't read. they can't write. they don't understand. that was such an easy project to pick. i admit it took half a year to pick it because i always volunteered in hospitals, but there is no question in my mind. i think the thinking is coming to that conclusion. we have got to educate our children and their parents. it's not just a whim. it's a necessity if we are going to compete in this world. in thethere ever a day white house were you wanted to , i quit?re, i am done >> no, how could you say that. you have 90 people whose only aim in life is to keep you happy , and your husband is doing good things. he is doing the right thing. he knew when he raised those taxes
yes, you can create your own great rutledge, and you ought to take advantage of it, because you can helpo. >> how do you pick your causes? >> because i know that every would problem in america be better if more people could read, write, and comprehend. we would be able to compete with the rest of the world. wouldn't have these children committing crimes because their families don't have jobs. they don't have jobs because they can't read. they can't write. they don't understand. that...
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Jan 8, 2014
01/14
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now, his vehicle is charter and the ceo tom rutledge. actually i think in races that concept. the devil is always in the details, and the question is, right now, if the prizes time warner cable, time warner cable for obvious reasons has their own view of whether or not they should be controlled by someone else or independently. comcast is still considering getting involved. and all of them are looking at it in part because a look at this as, well, what should they moreing a friendly with scale? should we be negotiating differently with programmers. should we be deploying technology differently? all of those in the table and everybody has the own vision. >> the big question of whether malone was able to pull up the deal was at some point financing, because chartered was a much smaller company and obviously time warner is much larger. had charter communications, now that he has deal potentially and he potentially could go out and raise financing from banks, what else is standing in the way? because regulators seem like they would be ok wit
now, his vehicle is charter and the ceo tom rutledge. actually i think in races that concept. the devil is always in the details, and the question is, right now, if the prizes time warner cable, time warner cable for obvious reasons has their own view of whether or not they should be controlled by someone else or independently. comcast is still considering getting involved. and all of them are looking at it in part because a look at this as, well, what should they moreing a friendly with scale?...
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Jan 14, 2014
01/14
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tom rutledge is the charter ceo, one of the most respected cable as in the business, greater reparationsuld come in and fix it and run it better. here is one down side. let's get the massive debt. these guys combined with $60 billion. time warner has something like 23 billion, charter has 14. 23 billion is-here. from right now cash, $40 million. 60 billion ellis and reading something wrong. ashley: very quickly, betting money, what happens? >> time-warner is done. xbox entracy: you need a flow c. so many what ifs. >> i will have that ready for next time. ashley: i will hold to that. tracy: all right. coming upon a countdown to the closing bell some of the newest and most advanced games on the planet. the world's largest video game chain that sells them. will as the ceo about that as well as the next big thing. i would like to know that. the dow is hovering around 100 points higher. liz claman is up next. don't go anywhere. ♪ w is everything? there's nothing like being your own boss! and my customers are really liking your flat rate shipping. fedex one rate. really makes my life easier. m
tom rutledge is the charter ceo, one of the most respected cable as in the business, greater reparationsuld come in and fix it and run it better. here is one down side. let's get the massive debt. these guys combined with $60 billion. time warner has something like 23 billion, charter has 14. 23 billion is-here. from right now cash, $40 million. 60 billion ellis and reading something wrong. ashley: very quickly, betting money, what happens? >> time-warner is done. xbox entracy: you need a...
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Jan 14, 2014
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. >>> charter communications ceo tom rutledge will join "squawk on the street," coming up at 9:00 easternr than expected. the country accounts for more than half of yum's operating profit. >>> a $1.1 trillion spending bill has been unveiled. that would fund federal agencies through the rest of the fiscal year and avoid sequester cuts. it would give workers a 1% raise. >>> when we come back, reaction to quarterly wells fargo results. >>> we'll get december retail sales and import/export prices as well. "squawk" will be right back. and truecar users... save time and money. so when you're... ready to buy a car, make sure you... never overpay. visit truecar.com today. >>> welcome back to "squawk box," everybody. we've been watching the ten-year yield. the yield is sitting at 2.854%. there's been a lot of pressure on yields particularly since we got that lousy jobs number last friday. >>> in the headlines, the head of the uaw says he's convinced the union will be represented by volkswagen's plant in chattanooga, tennessee by june. volkswagen has called for a formal vote by employees. joe? >>>
. >>> charter communications ceo tom rutledge will join "squawk on the street," coming up at 9:00 easternr than expected. the country accounts for more than half of yum's operating profit. >>> a $1.1 trillion spending bill has been unveiled. that would fund federal agencies through the rest of the fiscal year and avoid sequester cuts. it would give workers a 1% raise. >>> when we come back, reaction to quarterly wells fargo results. >>> we'll get...
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Jan 27, 2014
01/14
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leader of beige book international and john rutledge. chief investment strategist. good to see you.ou understand what exactly this chinese trust firm has said when they come out and said they reached a deal with investors but not explained how this has happened, do you know what's really going on? >> i didn't hear you, you were asking me that, joe? >> it's andrew, yes, that's the question. >> okay, good. i don't know the details behind that. what i know is that a trust company in trouble with a big lender is a big story in china and that the truth is, if one trust company went down, that actually might be a very good thing for discipline inside china. trust company loans, however, are only 8% of local government debt, which is the thing people worry about, so i think this is a story, but it's not an end of the world story. >> leyland, this story has been made out to be sort of the beginning of the end, if one goes down, the whole thing goes down, do you agree with him? he seems to be not so anxious. >> well, it's not the first domino that's going down, but the problem is china has t
leader of beige book international and john rutledge. chief investment strategist. good to see you.ou understand what exactly this chinese trust firm has said when they come out and said they reached a deal with investors but not explained how this has happened, do you know what's really going on? >> i didn't hear you, you were asking me that, joe? >> it's andrew, yes, that's the question. >> okay, good. i don't know the details behind that. what i know is that a trust company...