even traveling within europe, monroe goes to spain from london, you have to travel through france and spain and he kept a travel diary, where he talks about not finding a hotel, the roads are a mess, there is a famine, and he talks about how impoverished the people are and how difficult it is to travel there. interviewer: do you think james monroe had a sense of the role america would play in coming generations? do you have a sense that he knew we were about to become a major economic power, military power? cassandra good: i think he understood that to a certain degree. he didn't write like jefferson, what he envisioned for the future. but when he makes diplomatic arguments, he certainly established that america was important and a rising power and deserved respect. he had national pride and he thought they deserved to be treated like an equal. interviewer: as you read his papers, can you hear his voice? cassandra good: it is tough to know what his voice is, because we don't have private letters. interviewer: why is that? cassandra good: in many cases, people ask that their letters ar

and are now rolling out in spain, and it is a strategy.t is about loyal customers, it is about lasting relationships with our customers. francine: the 1, 2, 3 account is something that is quite expensive because you give back to customers. you do make them loyal, but are you concerned that you are giving too much away? or is loyal to the most important thing? ana: we want to be the best retail and commercial bank. we want to be the best commercial bank for our people, our customers, our shareholders, and our communities. the strategy has to make sense for our customers but also for our shareholders. the reason we can spread the circle is we have a best in class cost income. we reported in june a class -- cost income ratio of a little bit less than 47%. that is best in class among all the large banks in the world, and that is what allows us to deliver great products with great prices and excellent service. we are not there yet by any means and that is exactly what we are going to work on over the next few years, is how we do that in large m

and are now rolling out in spain, and it is a strategy.t is about loyal customers, it is about lasting relationships with our customers. francine: the 1, 2, 3 account is something that is quite expensive because you give back to customers. you do make them loyal, but are you concerned that you are giving too much away? for his loyalty at the moment the most important thing? because then you can grow years from now. ana: we want to be the best retail and commercial bank. we want to be the best commercial bank for our people, our customers, our shareholders, and our communities. the strategy has to make sense for our customers, but also for our shareholders. the reason we can spread the circle is we have a best in class cost income. we reported in june a cost income ratio of a little bit less than 47%. that is best in class among all large banks in the world, and that is what allows us to deliver great products with great prices and excellent service. we are not there yet by any means and that is exactly what we are going to work on over the

that was not the land system in spain and mexico. in america, it was. they had a very different way of looking at the land. the map is simple when you look at it but what you have is to cultural ways of looking at the land. you also have the moment at which los angeles becomes a city that looks like an american city, and not a mexican pueblo. this is a fascinating man. if anyone watching this has visited los angeles, you will see his name all over. pico boulevard, various neighborhoods. he is symbolic in many ways because he transitioned with it from being a spanish public to being a city in part of the united states. he was born the son of a soldier in mission san gabriel north of here. he was raised, as a child, when it was part of new spain. it became part of mexico in 1821. he is becoming more active. he has a store. he was getting to know people. his father was a soldier. he was the last mexican governor of territorial california. when the war breaks out, his brother takes command. he goes to baja, california, to try and get into mainland mexico an

james' remains happened when muslim moors controlled most of spain. phenomenon of the camino helped fuel the european passion to retake spain and push the moors back into africa. but by about 1500, with the dawn of the renaissance and the reformation, interest in the camino died almost completely. then, in the 1960s, a handful of priests re-established the tradition. the route has since enjoyed a huge resurgence, with 100,000 pilgrims trekking the santiago each year. announcer: this program is made possible in part by... historic marion, virginia, home of song of the mountains, a main street community in the heart of the virginia highlands. the ellis family foundation-- encouraging economic revitalization through the restoration of historic buildings in downtown marion, virginia, including the general francis marion hotel. teds-- dedicated to providing strategic talent management solutions. the bank of marion-- your community, your vision, your bank. morehead state university's kentucky center for traditional music is a proud supporter of song of the

that was not the land system in spain and mexico. they had a different way. the map is simple when you look at it but what you have is to cultural ways of looking at the land. you also have the moment at which los angeles becomes a city that looks like a mexican city , not a mexican city. this is a fascinating man. watching this has visited los angeles, you will see his name all over. a boulevard, and neighborhoods. he is symbolic in many ways transitioned with it from being a spanish public to the united states. he was born the son of a soldier in mission san gabriel north of here. child, whend, as a it became part of mexico in 1821. more active.g he has a store. he was getting to know people. his father was a soldier. mexican governor of territorial california. when the war breaks out, his brother takes command. he goes to baja, california, to do a politician for aid. -- a petition for aid. like many californians, he attempted to navigate the new culture. to work with newcomers. he seeks to maintain his influence and dignity, really. he does maintain many o

james' remains happened when muslim moors controlled most of spain. phenomenon of the camino helped fuel the european passion to retake spain and push the moors back into africa. but by about 1500, with the dawn of the renaissance and the reformation, interest in the camino died almost completely. then, in the 1960s, a handful of priests re-established the tradition. the route has since enjoyed a huge resurgence, with 100,000 pilgrims trekking the santiago each year. ♪ >> memphis, tennessee. it has been written if music were religion, then memphis would be jerusalem and sun studio its most sacred shrine. ♪ bang, bang >> and you are here with beth hart! ♪ bang, bang, bang >> memphis means music and the spirit of sun studio lives at the memphis music foundation in our one of a kind music resource center. this nonprofit is committed to helping artists succeed in their music careers. ♪ last time when he was making love to me ♪ ♪ there was another

it is not as strong as in -- as hoped in italy, germany, or spain. our colleague stateside will be speaking for the blackstone ceo. fortuna investment group. do not miss those interviews. it is a monday morning full of gains. the stock 600 with the greeks. ♪ >> glencore shares a third. there are reports that the company is speaking around. manus: the incoming chairman warns the omissions scandal could threaten the survival of the world's biggest carmaker. >> as george osborne prepares to address the conference, they are selling at 2 billion pounds to the public. welcome

they wanted him to go to spain. he was having fits. he thought it would be very offensive to european governments to send a radical ourolutionary over as thei ambassador. lincoln decided, they sent him to spain. it was the most conservative government in europe. you could see the tide turning against the union. they wrote in september a long dispatch back to seward hoping it would get to lincoln. seward that the governments, the ruling classes of europe wanted america to fail. they want to democracy to fail. but, the public was hopeful. they were assuming that the war would be nothing less than a grand uprising. writing toers seward. "they assume it will be nothing but a grand uprising for nothing but the popular conscience of a grand principle." were d, he said they should europeans support the north if its only goal was the privilege of being re-associated with the imperious and troublesome slave states?" waraid, "we must place the upon a higher moral basis and thereby give us the control of public opinion in europe. evenu control th

in europe, officially in spain, also, we had a crisis. when i realized that crisis means -- can mean also that, then i fell in love with this. and i thought, how nice would be to also think about crisis by this way. thinking about a crisis can be a change and an opportunity. >> the word crisis in chinese uses two characters. the first character means danger and the second one means opportunity or change. each chinese character represents a monosylabbic word. but when combined, there are a vast number of words that consistent of multiple syllables. in between job hunting, eduardo takes chinese language classes five days a week. his level is intermediate and lessons focus mainly on conversation skills. chinese is the oldest surviving language in existence. it has more than 100,000 dialects and the number keeps rising. chinese calligraphy derives from these characters and is an intangible cultural heritage recognized by unesco. it is the best way to learn about china. >> i like very much the way of changing. all this healthy activities and e

and if you travel in the north of spain, where this company is the largest company in that part of spain, you will see that their cities and towns--i was there this summer--you can see right away. you don't have the slum over here and the fancy neigh-- you don't have any of that. there are people with more and less, but it's, the gap is completely different. it's a part of the world in which you could say something like the following and not be lying through your teeth: "everybody's in the middle class." they really did that. but if you want that, this is a way to get it. here's a second thought: you think if the workers made the decisions collectively, they would decide to close the factory or the office where they're working and open one in china, thereby destroying their jobs, their incomes, and the community? ehh, i would guess not. not a big chance of that. you know what they would do instead? they would say, "whatever problems our company has"--like all companies, they have problems--one of the solutions that are not available is leaving. you can't do that. and, by the way, there's

and if you travel in the north of spain, where this company is the largest company in that part of spain, you will see that their cities and towns--i was there this summer--you can see right away. you don't have the slum over here and the fancy neigh-- you don't have any of that. there are people with more and less, but it's, the gap is completely different. it's a part of the world in which you could say something like the following and not be lying through your teeth: "everybody's in the middle class." they really did that. but if you want that, this is a way to get it. here's a second thought: you think if the workers made the decisions collectively, they would decide to close the factory or the office where they're working and open one in china, thereby destroying their jobs, their incomes, and the community? ehh, i would guess not. not a big chance of that. you know what they would do instead? they would say, "whatever problems our company has"--like all companies, they have problems--one of the solutions that are not available is leaving. you can't do that. and, by the way, there's

. >> we have some people from spain right over here. >> do you love spain? >> i love spain. i love everything. >> where are you from in spain? >> madrid. >> madrid. >> madrid is fantastic. >> what is your favorite thing about thork city? >> the favorite part is i built so much of it. you got some applause in the streets. you nuts it is from other people uh clouding because they know i am going to make america great again and if he is behind me he will be behind me. a big gentleman from bangladesh great. i would like a bigger cab. beautiful women in bikinis. i love donald trump. >> she loves donald trump and she is going to vote for me. >> are you a citizen citizen? >> yes, see that. a u.s. sit ken is voting for me and this is fantastic of the. >> 7:30. >> these are absolutely -- i never bought food from a box, but this is the best food ever ever bought to. beautiful. we'll have to come back. >> there it is. those were empanada's. >> what? what's up? what's your background? >> wow, tom, that was something to watch. listen this is the greatest way i have ever been in this race

she's in spain when she breathes. from her room she monitors event unfolding up around. >> i'm scared. when i go to protest there are snipers, we were looked at the generation, the negotiation generation. look how young some of the protesters are. i did not expect people younger than me to be aware, more than my generation, and the one before me. they are fed up with the leaders and what the palestinians are going through. >> the israeli government announced it will not return the body of anyone palestinian involved in an act of the violence, a new measure it adopted. they'll be buried in an off limits military cemetery or cemetery of numbers as known among palestinians. this includes any protestor who dies of his wounds whilst in custody. >> it's nothing new from binyamin netanyahu. nor is it a surprise that such measures were in place during the first and second intiff ardas. >> despite the challenges, a new general eights is emerging, one that wants to breakaway from the past and write its own future. >> iran is fa

>> he was in india. >> was he looking for spain? >> no, he sailed from spain.ames of the ships columbus came over in? >> the anna maria. >> mayfield. >> mayflower. >> santa maria, pinta, kinta? >> kinta? >> i know one is in spanish. >> they're all in spanish. do you think columbus was a good or bad guy? >> i think he was good. >> why was he bad? >> because he was looking for women. ♪ what is love >> columbus, good guy or bad guy? >> think, just think! >> are you going to take columbus day off on monday? >> yes. >> this is for o'reilly right here. >> i've got some things to say to you, bill. i'm talking to you. >> are you talking to me? >> i like her. let's get her on. i just got a glimpse of those shorts. were they pink this >> no, they were patriotic. they were chubbies. >> i'm glad you didn't shoot them. it's not unusual that you would do that. >> don't look at my shorts. >> poor columbus, 1492 -- >> sailed the ocean blue. simple. >> he'll be back on thursday. why, i don't know. factor tip of the day, banning halloween. halloween. the tip moments away. the ci

the first one ever in spain.sed more than a quarter million euros to refinance some of the thermal power plant. that is going to be reassuring some investors. they could see the stock move higher. anna: thank you. what do you say to the bayer ceo? >> it is interesting they did not pull it. is theyresting thing think the stress in the auto sector is going to get worse. i would have thought there was opportunity to delay it. we think those stocks are going to go higher in the next quarter. perhaps that is a good opportunity. so a temporary glitch rather than bigger and more worrying. would feel this is a temporary hiatus. that is our big thing. this is just a financially repressed world creating a repressed economic cycle. anna: i thought unemployment often lags cycles. ian: it is only once the rise starts to get to going. that is a sense that corporations are getting stressed, they are earnings are under stress. that is one valuations get challenged in a fundamental way. particularly when there is up holocene rise

spain, it is a little better. spain is an opportunity.ical risk is creating noise in the market, but the fundamentals are good. there is not a lot of money to teammate, but it is a good place, spain and italian bonds. jon: a good place to hide. we were looking at the fund market, and said we could not forecast bond yields anymore. how difficult is your job becoming? mr. gallo: for the periphery, given what the ecb will do, there is only one way, lower free yields. bunds that there is very little value left in the basis points. i'm recommending to be long is very difficult. for spain and italy, which are relatively stable, the larger periphery countries come the yields will compress. if you have the central bank owning a lot of free flow in the asset markets, is qe continues with no fiscal stimulus, there is little left for it festers. jon: wall street wakes up and listens to alberto gallo talking about lower yields on the periphery, that means treasury looks like higher yields. people go back to treasury. will the federal reserv have diff

the earth or spain? the earth these are all things having to do with the earth.'s the layer between earth's crust and outer core mantle that is right. it's the month in which earth day occurs. april that is right. she was the greek goddess of the earth. gaia gaia is correct. if you get this correct you will be part of our final two and go into our championships he was the composer of the song of the earth. stravinsky no, it was gustav mahler it's the rare earth element with symbol la lanthanum you are in our final two congratulations! homestead, you're a great team you played so well this season. thank you. we'll see you next week. and we'll see you next week for the finals final championship of quiz kids >> welcome to "teen kids news." i'm veronique. here's this week's top story. one of the highest compliments you can pay someone is to call him or her a rocket scientist. but as our next report shows, you don't really have to be a genius to build a rocket and successfully launch it. >> before we get into that, here's a short lesson on the history of rockets. [ as

italy,larly in spain and you have to remember the comparisons with weak numbers. jon: you look in china and there is a story. but tesco pulling out of south korea, if you could consider that an emerging market economy. they are saying nonfood sales under pressure in brazil, what is the brazil story? reporter: realistically they are doing pretty well in brazil. forecast that really appeals in budget times which is nearly double digit-like sales but nonfood is difficult in brazil. , thef their competitors electronics chain is 25% down like for like. point 7% is not bad in a tough market. jon: food and retail is a big theme this morning. later, we will be talking to the nestle ceo about those results. do not miss that interview. next, a commodity shock sends waves through lme week. ♪ jon: welcome back to bloomberg tv. we are about 40 minutes into the trading session. by another 51 points. the stock 600 up by 0.7%. market, thefx weaker dollar is the story so far this week. that is what is happening in the market this morning and here are some of bloomberg's top storie

the ability to move troops from gegermany to spain, for example, is an important part of thee juncturewe are using rotational heavy force came from fort storage, georgia, t true their equipmentt mannheim, and then immediately put in a rail and barge to get sail it aroundto spain. are practicing the operational maneuver into something we would have to do. vago: and you need to bng rl battalio back, don't you? >>>> it's ry interesting, when i was a lieutenant, on any given day yowould see hundreds of u. giggles moving up and down. now even the german rail system does not have the railcars they used to have. vago: you used to be ableo take an enormous amount of equipment and move it someple youu needed as deterrent signal nato commanders have been talkin increasingly, the general talklked about this, lostics infrastructure, that a lot of our natollies have the front end combatt capability. about the elements. the united states army has always been the key backbone for e logistics infrastructure of the alliance. what are some of the thingngs we doing to bolster the collective logistical ca

kerry saying he will meet separately with israel and palestinian leaders this week and talking in spainry says finding a solution to the crisis is critical. >> and obviously the united states remains deeply concerned about and engaged in efforts to help israel with respect to its security. but we also share a global interest in seeing the region find a way forward to avoid this kind of confrontation and senseless loss of life. >> reporter: as you heard carl say the latest tensions there sparked over fears that israel would restrict access to the compound that contains the mosque, kerry says he does not expect any changes in the status quo at the holy site. u.s. and european officials taking steps this morning to remove sanctions against iran now the nuclear deal has taken effect, this weekend iran pledging to begin to make major changes to its facilities and cooperated with u.n. inspectors, the sanctions will not be limited until iran fully complies and we have more on what iran next do to keep up its end of the bargain. >> reporter: it took years of conflict and negotiations with a gro

elsewhere, impairment charges also reigning down on spain's company bbva. the second largest bank there posted a third quarter loss due to a write down on a turkish banking investment. on a brighter note, spain's spanish bank had a year on year bump up in the income. worth noting though, 5.6% down from 6.1% at the end of june. so about a 50 basis point improvement but the improvements are starting to slow. the share price under pressure today. so too is one of its rivals in spain. if i can take you, an improvement of 12 basis points. so you are seeing just very slim numbers on this metric. now up about .6%. it's suffering from a lack of profitability due to its bad loans. the lender posted an 8% drop in nine month net profit. so that's a round up of the earnings reaction so far steve. >> thank you. come back and join us. we have william hobbs joining us. and of course our guest host who is the global head of trading strategy at city. before the break he was talking about the violence that could be in the markets as we switch from our obsession with deflatio

spain council foundation and former deputy and ceo as well. good to have you with us this morning. >> nice to be here. >> we're on the panel in around two hours time give or take a bit where we'll be talking about the eu and whether or not we continue to see union or whether we see disillusion. what do you think of the future of the eu? where are we heading? >> what i do think is that the game is over. if the game is over, do we still have a match in front of us or not? and why do i think the game is over? two factors. one is expersonternal and one i between the two. the external one is multilate l multilateral. europe has been jumping on and greece is driving us to nowhere. >> you think we're heading toward a split? >> no, i think this is for no good. we do not have clear ideas and in practice the fiasco in european external policy jumped into the arabic spring, ukraine, trade agreements, et cetera, et cetera is for no good. >> why would we be able to solve anything at this stage compared to a couple of years ago? now some say we're heading t

spain is different. it's a majority according to the polls. this will take away one factor that has made investors quite positive a few years ago. in the previous election there was just one party. that means strong reforms have which happened by and large. but now, if people vote according to the surveys that chances are that may prevent it. and second point is about the cycle. it's quite mature. they have been growing strongly up until now but you correctly mentioned that the pmi for example is at the low over the past almost two years or so. in italy on the other hand the cycle is quite young. they're just starting to grow. next quarter, the quarter after next, growth is low but markets like the acceleration in growth which is more there and momentum on the other hand is quite strong. >> thank you so much for that. european economist at morgan stanley. by the way, morgan stanley says portuguese equities are a buy but stay cautious on the debt. >>> moving on, president ball balm h -- obama signed a bill. the house also passed a co companion

spain's biggest oil producer has set its breakeven price at $50 per barrel. that mean for the company's bottom line? our madrid bureau chief is standing by. charles, good day. surprises here? this is someone laying out a very clear call. charles: that's right. this is repsol telling us how they think things look for the next five years. the context is that they bought they asset in canada and did that just before world prices plunged. telling theol market what to expect over the next five years, 2016-2020. what is the big elements here is the breakeven prediction for oil at $50 per barrel. that will allow them to pay debt, generate cash, and keep money for dividends. francine: charles, is it an aggressive scenario for oil prices? charles: well, it is a scenario that stretches out for the next -- until 2020, $50 per barrel. bearing in mind where they have come from, the kind of levels that oil was that when they made previous acquisitions. --tells you something about take this conservative outlook for the next few years and give the markets of guidance about w

many in europe, particularly in italy, port call and spain, especially portugal and spain, when it comes to mortgages, they'll benchmark the rate, and most of it's floating, they'll benchmark a rate on your iybor. which is still a bit positive. and there's an add-on. any of you have borrowed money on floating rate mortgages in the u.s. understand there's some threshold and some added basis points as a cushion in terms of the upside, you know, there's a ceiling, there's also floors to the downside. so one of the issues right off the bat is negative rates are causing a lot of cost issues. systems, programs, legal documents, legal language has to be updated. but back to europe, okay, so in europe, we haven't got there yet, although there's some relationship between banks in spain and switzerland that has very negative rates due to issues on pegging and unpegging their currency. the long and the short of it is, if your a mortgage holder and you have a negative rate, basically, your institution will pay your interest by deducting it from your principal. see, the reason i think it's going to b

it was forwarded to new york, sent back to cuba and finally reforwarded here to spain. about the stories, they are a little rough and possibly unpublishable but are not bitter, nor cynical, i hope. no one can write all the time like the old man in the sea, and war is difficult to write of being compounded of legal murder, stupidity, injustice, extreme efficiency, pompousness, cowardice, bravery, ambitiousness, cupidity and great unselfishness, love and deversion. most -- devotion. most people who can write have one small dose of come bat, and they're through. -- combat, and they're through. have good luck, can kid, papa. one of the things in this letter shares so wonderfulfully is the power of hemingway's writing and his feelings about war and society and our responsibility to each other as human beings. and he takes very seriously not only his role as a writer, but his role as a mentor to denny be petticlerk, and it really shines through in this one very powerful letter. and i'm sure it had a very great impact on denny himself. dear denny, it was good to get your lette

and italy or spain.mplemented such a large amount of cost reduction, they have become competitive with germany. some french, some dutch companies tend to be more in competition. jonathan: you mentioned reforms. for the last six years, you look at the u.s. banking sector, clean up the balance sheets. they have pretty standard normal economy versus what we've got in europe. the stained story that's the same story for european banks. -- the same story for european banks. why that is what -- that is people remain excited about european banks. employees,y executives in these banks who tend to reap the benefits. in the bedtime, you got regulation and litigation. abouts moment, it is regulation. i'm amazed that people overlook some of the more interesting areas within those banks, capital structures. i would not touch the equity. debt. look at contingent convertibles. they are not equity, but these are protected species. deutsche bank with all of the -- target the bond side, there is huge opportunity there. may

spain's biggest oil producer has set its oil breaking prices to $50 a barrel. it mean for the companies bottom line? charles a standing by with more. the surprises -- the surprises, what were they? charles: this is an announcement. it is responding to the big purchase they made. made before the drop in oil prices. the strategic plan is a response to that. as you said, this figure of $50 whichel is a figure in they would be up to finance growth. pay off debt and maintain dividends. it is a conservative number. it is a low number four oil prices. jonathan: talk to me about divestments. is it doable without touching the assets? charles: i think we have this as information. we will wait to find out more. just go out for that press conference this morning. att up, we give you a look what to watch for the day ahead. david cameron heads to brussels in hopes of renegotiating britain's membership. ♪ jonathan: good morning in looking back to bloomberg tv. 51 minutes into the trading session. a check into the equity markets. the ftse 100 up by .8%. the dax up by 92 points

yet the elections in spain, and upcoming referendum and the u.k.ian: access to the market is an important part of what gibraltar needs. self-examination to determine your own political future is down the road to self-sufficiency, to be up to pay for your outgoings and not have to rely on anybody else. margaret thatcher said to gibraltar sell into the single european market. any services you can originate in this tiny but effective place. jonathan: you did that. if i look at the scott's example, they are talking about what happened. exit,k. votes for an effectively putting the referendum question back on the table, i wonder how that applies to gibraltar. not a part of the -- whether or not you wake up not a part of the eu. what you do then? it is not about whether we are good to be more prosperous. that is not on the agenda. theus, i am emphasizing single market. the important thing is access to the single market. freedom of movement of people. when david cameron is saying has a lot of resinous for gibraltar. of course we believe the single market h

spain has been one of the standouts and that is a pretty sharp downturn.till an extension, but nothing to write home about. scarlet: four mighty dive, we know the fed is dated -- for my deep dive, we know the fed is data dependent. let's flip that around. orange is services and white is manufacturing. you can see how closely they have correlated since 2001. almost 80% correlation. shows theakness weakness in manufacturing is affecting the rest of the economy. services make up about 80% of the economy. above 50, services is obviously stronger, but they are both lower. today's global stock market rally, just for today, was fueled by expectations the fed will keep rates lower for longer. expectations are that they will be below 50% until next march. mark father believes -- marc faber believes the fed should have raised interest rates ages ago. if they do raise, how do they correct course now without throwing every asset class into turmoil? marc: the problem is that they should have raised the rates, in my view, in 2011 or never lower than two such a low level

spain, greatly values the role that jordan is playing in this,a on this point. we trust constructive dialogue with israel will contribute to rebuilding stability in theildi framework of the management arrangement that was agreed decades ago. jerusalem needs to be the capital of both states and whate is most important to preserve the spirit of tolerance that enables coexistence. how can the international community and the security council contribute tocomm effectively to put a stop to the violence and avoid a greater escalation? well, not much can be done without the necessary commitment of the interested parties. very little or nothing. this is why the role of the political leaders and community leaders is essential to re-establish calm, therefore, we hope to see greater effort at moderation by the political leaders of israel and palestinian authorities to avoid even greater worsening of the situation. it is essential to continue cooperation on security issues. that together with an appeal to the moderation we need to avoid any, insure we avoid any act of incite

the international soccer star will be tried in spain for text fraud.udge requested to clear the barcelona striker, deciding to charge him with defrauding sprain -- defrauding spain of nearly 5 million in taxes. he used offshore companies to avoid pink caps on his sons earnings. you can only find the latest news at bloomberg.com. thank you very much. seems like it could have been a potential red card. going to our markets desk clerk julie hyman has a look at some of the days movers. julie: starting with a mover that is the best performer in the s&p 500 and i had never heard of the company until today, called columbia pipeline group of a 7%. this is a spinoff. that is why i had not heard of it. in utility company earlier the year was upgraded to buy from hold over at jefferies. analyst citing a recent pullback in the shares as a reason to come in. the added benefit of rising with the energy complex. we have seen that broadly happening. i wanted to update you on this board we have been watching all day, dell and ian's need. -- emc. in a in talks with emc