inside with suntrust. you see target and then starbucks on the right. you go into suntrust. person takes the application. it is not going well. just trying to buy a home. $140m,000 mortgage is the number in this example. she gets declined. she goes to work. we tell her why she was declined. do that report with her permission. that must be in error. you should dispute that. why? you have a right. and theispute that three credit bureaus cannot confirm under 30 days, by law, they must remove it. nobody knows that. we do what bankers cannot do, we dispute it with them. it gets removed, she comes back in 45 days. credit0 points on my report. now, you got from 560 to 600. what else can we do? that was my phone bill, $1000 -- divorce. that was 10 years ago. hsbc communications, the bail by at&t. the financial company owns the debt. let's call it. call -- what do you want for the debt? $100. ok, i will about $200? no, $100. the client is with me. is it ok if we give them $200? sure. why would you pay double what we are asking for because if i give you $100, i want your e-mail addres

thank you to bob peck from suntrust and rob sanderson from mkm partners.eekend. >> thank you. >>> when we come back, uber partnering up with microsoft to make your ride a little safer. first rick santelli, what are you watching today? >> well, first of all, i have jim bianca with me. that's what i'm watching. we'll continue to talk about the bank of japan. markets are trying to hold it back. what's your analogy, jim? >> king canute trying to hold back the tide. to growing busines across the city, increasing productivity like never before, which is amazing, unless you're a barista. cdw implemented dell poweredge servers with intel xeon processors to allow people to work from anywhere, so lucky me. so nobody wants coffee?! hey, can i get a couple copies? enhanced mobility by dell. i.t. orchestration by cdw. we're drowning in information. where, in all of this, is the stuff that matters? the stakes are so high, your finances, your future. how do you solve this? you don't. you partner with a firm that advises governments and the fortune 500, and, can deliver i

springs happened on tuesday, police are looking for this guy,investigators say they walked into the suntrust game and claim they had a gun. the clerk handed over the call the police if you know who found. >>> a gunman could face murder charges because both of her twin girled tied. she unexpected hi went into labor and delivered them alive. the bullet just missed the unborn children. >>> tracking metro this afternoon, how would you feel if metro permanently cut back on late night service the entire weekend and reduced hours on weeknights? something to think about as the agency thinks about ways to keep necessary maintenance. a public hearing will be held. >>> metro is supposing some of these changes for late night and weekend service to give crews more time to get work done but the agency won't do anything without the public's opinion. sharon has been riding metro for 20 yores, has had her ups and downs using the system. >>> you leave on time but don't 6 make it to work on time. >> the thought of even more changes makes her a little nervous. metro wants to adjust operating hours on weeknights

the braves will move into the brand new suntrust park and begin preseaso he wore number 10er for his 19 her yearlong career before retiring in 2012. time check. it's 5:57. coming up. >> department of labor will be heading here to the state fairgrounds later on this afternoon. i'm lauren havlinn. what ride they'll be inspecting and why it's important to you. >> p issue candidate is back on >>> the latest details as a unc football player is out on bond after allegations of rape. >> ride inspections at the state fairgrounds with less than a monoto go. what officials are doing to keep you safe. >> a pastor in michigan -- >> good morning and north carolina news. in this morning for russ. j gl good morning, >> we're going to get to your big stories in just a home. find out about the forecast from alyssa. good morning. >> good morning o you at home as well. starting off with a live picture from our tower camera over the belt line and waiting anxiously for that sunrise but we have almost an hour to go. that sunrise happens later and later now. be a will be before we star to

among the worst stocks, regional banks like suntrust and comerica and bank of america.nterest rates moved lower as traders bought the safety of treasuries and lower rates have generally been seen as hurting bank profits. but a lot of today may also have been about the weakness in european markets and specifically the large banks. you've got german banking giant deutsche bank moving lower on reports the government over there wouldn'ting as likely to help in financial liabilities here in the u.s. remember, deuts bank is facing a pro by regulators who may impose substantial penalties to the financial crisis mortgage bonds. art hogan said it looked like deutsche bank sneezed and everybody else caught the cold. many energy stocks outperformed, oil prices moved higher. in algeria for talks on what to do about supplies. and election concerns also perhaps part of the story. randy frederick attributed some of the weakness today to investors lightning up on stock exposure ahead of tonight's presidenti debate. others say it's too early to tell if the markets will be impacted by wh

they say he robbed a suntrust bank this drive in silver spring. he implied that he had a gun but the clerks didn't actually see one. out of abundance of caution four neighborhood schools had students and staff shelter in place while police investigated. no one was hurt. >>> 35,000 students just had their college plans turned up side down. one of the biggest for-profit colleges just went out of business. itt tech. the new school year was set to start next monday. instead, itt tech has closed all 137 locations nationwide including the campus in chantilly. the school was the subject of several state and federal investigations and lawsuits that alleged fraud and predatory lending. the department of education recently blocked the school from enrolling new students who rely on federal loans and grants. >>> well, tonight nine weeks out from election day. and donald trump and hillary clinton are essentially in a dead heat. that's according to this new cnn orc take a look. trump topping clinton by just two percentage points right now, 45 to 43% among likel

regional banks, suntrust, bank of america, the classic dealers and assetn stanley management.lly shared among different types of financial stocks. finally a check on that latebreaking news, the exclusive the disney was in talks with advisors to make a bid for twitter. you can see them moving sharply up on those headlines. flipside, taking a leg lower. .ow off by more than 1.5% we will continue to bring you developments on that story. let's check on the headlines with mark crumpton. and donaldry clinton trump will square off tonight. a new national survey shows them tied in a two-way race. when third-party candidates are included, trump leads clinton. there are predictions that tonight's debate could be the history.hed in you can see it all right here at 8:30 p.m. with 30 minute pre-and post debate shows. as well as the bloomberg politics team. twitter will live stream the broadcast. a disgruntled war -- disgruntled lawyer with numerous weapons angrily shot drivers today in houston, one critically, before being killed by police. three more people sustained in the -- injuries. t

you're going to suntrust and for example you see operation on the. except an application. it's not going to get it decline. $140,000 mortgage was a number and the example appeared she gets declined. she comes to us. we do it if they can do which is tell washington's declined, but the report with her permission. that must be an error. you actually do have a right. if you dispute that and the credit bureaus, three of them can confirm within 30 days, the body must remove it. nobody knows that. we do at the baker can do. we dispute it with them. she comes back in 35 days. her self-esteem is up. i got 40-point great hair. so now you go. what else can we do? that was the charge -- that was my phone bill is a thousand dollars. that was 10 years ago. the sbc communications and tax mail brought by at&t. it's a $1000 face value. we call it what you want for the debt? we want $100. okay, how about $200. now, we asked for $100. the client sitting right here is with me. okay forgive and $200? sure. why would you give were asking for. if i give $200 at launch or direct phone number, e-m

work and can continue to partner with institutions like operational hope, with large banks like suntrust that has been mentioned and like chase, all the projects, so that's really what we are focused on because we know that if we are able to strengthen from the bottom and strengthen america and to lift all of us up, we can do a better job as a country. the fbi did a study in 2014 and it clearly showed the impact and significant social work that mbi provide in the country in terms of financing and providing home mortgages, in terms of locating branches in minority census track. so we know that if we are able to strengthen and provide the sector the resources it needs for technology to be able to engage in a powerful way with millennials, to be able to strengthen and broaden product offering, then it's so much easier as we talk about all of the benefits that the entire country will experience by all of us becoming more prosperous. >> mayor reed, how do you think about this concept of investment when you think about the budget that atlanta has and the priorities that you have, how do you st

the airplane found the other two jn an investigate ors figured something was up when two suntrust baj atms assigned to the 26-year-old were missing money. when confronted jefferson said he needed the money for medical bills and credit card debt. he bought a new tv and xbox for his family. he returned cloes to $11,000 the missing much money. >> alcides: hillary clinton took a break from debate prep to speak with african-american pastors in charlotte. theys the city would could together rebuild trust between the police department and community. chin ton is expected to travel to charlotte on october 2nd. the democratic nominee got an endorsement from "the new york ti times". the pair has endorsed only democrats for president back to >> anjuli: the republican nominee head held a campaign valley in roanoke, virginia last night. there he said he'll do supporters to do more to help women than rival hillary clinton would. the appeal came hours after trump threaten odd twitter to invite a woman who had an affair with former president bill clinton to sit in the first row of their upcoming debat

at suntrust, they put it at 124. jeffries says as high as 136. you see the shares are at 103.ualcomm shares also have been rising over the last couple of days as analysts say this deal makes sense for qualcomm -- would add value. those shares are up 9% over the past few days. there is a cool function to look at the relative value of the companies to their peers. look at the bloomberg -- the relative value calculator. what you see down here on the x access is estimated earnings per share growth. on the y axis, we have estimated price to earnings ratio. the various bubbles are the various companies in the philadelphia semiconductor index. the size of the bubble depends on the market cap of the covenant. -- it's bubble is estimated earnings growth, 24%. it trains at 24 times estimated earnings. the p group is in the purple. it looks like -- you or group is in the purple. is cheaperke nxpi than peers and estimated to have a higher growth rate. when you're looking at why this company is attractive, that could be a couple of the reasons. we see other chip makers rally -- particularl

you are looking at the suntrust bankcard recovered here that financial on the trail of al qaeda. important piece of evidence recovered here on the ground. they are sifting through the dirt being excavated out of the crater and very carefully raking through that ground. they are on their hands and knees going through a lot of the debris. a big part of that is the recovery of human remains, the ability to identify everybody that boarded this aircraft. the end of the exhibit space, what you are seeing, somerset county coroner and his role. this is his scene. he will have a federally -- disasteream mortuary operational response team. they will assist him with the recovery of the human remains. a lot of visitors ask us the remains, this being a final resting place because we use that term generally. from the moment of impact, 92% of the remains, it is estimated, were unrecoverable. it is believed 8% of the remains of the people on board flight 93 were recovered and a percentage of that 8% were identifiable that could be returned to family members. the remaining unidentified remains we

we have wewells fargo, the np pr boss, suntrust, royal bank of scotland, bank of tokyo mitsubishi, mizuhoank, tdd securities, abn capital, first bank, and that is actually a bank based in philly, not the bank based in norway which is actually provided several hundred million to the energy transfer family separately. andicbc london, msnbc securities, and societe generale. amy: it is citibank that is running the books as a report points over energy transfers and sunoco logistics which only dakota access pipeline? >> that is right. that the largest share and have spearheaded the effort so what we're published in little sis banks that have provided general financing for sunoco logistics and energy transfer partners through working with the action network, we were able to -- has access to bloomberg terminal, we were able to determine the 17 banks that i listed who are providing the direct financing for the dakota access project. in addition for the energy transfer partners project to extend this pipeline on down to texas and. collectively, this pipeline would run from near the canadian border

. >> suntrust bob peck. twitter on the move falling off its best levels of the session. joe. >> i think if their deal would be close you'd see things happening to the boards and i think that's what's important. why wouldn't jack dorsey step off the board of disney? on the board of disney and sitting in a room discussing with disney what they should do with twitter and needs to step off that board. sheryl sandberg sits on the board of disney, look at seasforce, look at alphabet. alphabet's youtube ceo sits on the board. we're close to a deal. that's what you have to look. reshuffle the boards to align with fiduciary responsibilities. we haven't seen it yet. >> what do you do if you're an owner of twitter shares at 12.05. >> if you're a realist, i'll tell you what to do and told josh brown yesterday. what you do you sell either the 22 or 23 calls, now, josh said not enough, i deserve more. i don't think you'll get any more, josh. and everybody else out there -- >> peck said you might not get this much. >> i think you will get like i've said, judge, low to mid-20s so to me

suntrust's robert peck may have read this. while twitter could be an attractive asset to several companies, the current evalsituation is encompassing some premiums. that was prior to the movie up today, or at least con comment with it. now the question is, where would the price be given? >> the stock up today. the market is clearly given credence to the idea twitter cease in play and salesforce down 6%. you would have to think the premium would be above today's trading price? zpli always try in my reporting to figure that out. it's always difficult to, when you're in the earlier stages and a deal's not imminent. the closer you get, the more price talk becomes solidified around a certain number. yobt know. it was my expectations based on previous conversations i had previous to reporting it that it would a premium from the stock price yesterday. 20 times 2017 ebitda gets you to a number conveniently enough of 26, which is exactly what twitter went public, right there, i remember it, about three years ago. >> a bit of a face sav

suntrust also with an upgrade on the heels of that report.ght talk to bob peck in the next couple of days, but certainly speculative name that with the product that has been long anticipated, guys. >> and i guess, you know, you make the argument that apple music and to an extent spotify created this pricing umbrella getting people used to the idea. used to just basically be a pure m&a speculation with pandora, but seems like people think over time maybe they can make the numbers work. it hasn't been proven out, that's for sure. >> has not been proven out. there has been interest in the past from sirius, but no real interest in the part of pandora at least engaging at this point. >> but they have an activist, right? >> they have keith in there as an activist to push but he missed the opportunity previously in terms of nominating director. so you may have to wait a while before getting to that. speaking of activist, we have news this morning involving perrigo, a name viewers might remember of course with the fight with mylan where they managed

banking is retail banking is highly commoditized area citigroup, bank of america, theorgan chase, suntrust bear to does not take a secret recipe to offer someone a checking account and it does not take a secret recipe for someone to offer a credit card. it is relatively easy to switch from one bank to another. the concern for wells fargo is what happens if those deposits get up and walk across the street and into another branch? regulators love deposits because they are among the lower costs and stable sources of funding. fargo, which has done much better than other banks in gathering deposits, proves to lose deposits, it could force down to to trim its cheat and if not, find other that may beunding expensive and that would have an impact on the wells fargo .ndustry-leading lending market this is very much immaterial? it for the bank but we will not know for some time whether it is an act a material issue. >> thank you. the committee hearing is only 12 minutes away. haved top of the hour, we bloomberg markets to looking closely to the q&a in the 10:00 hour. onnie: we will be with him capit

. >> suntrust still likes it. canaccord says it's expensive. >> it's love. conference call was worshipful and it was, you know, it should have been on twitter. they should have broadcast on twitter so people could say isn't this going to take twitter up to 22, twitter can be 24. >> maybe conference calls are next. >> but they did their own. they fixed the graph. i mean, obviously the game looked like the game. >> yeah. we'll talk more oracle, amazon as well, some of these new price targets. we'll count down to the opening bell. we'll get jim's mad dash, take one more look at the premarket. by the way, today in 1929, the s&p hit its then-high, a high it would not surpass for 25 years. >> rca was up like $100, i'm not kidding. it was on fire. >> more "squawk on the street" in a minute. when whirlpool builds an appliance, they put everything they know into it. but once it's sold, there usually isn't a way to keep improving that product. today, whirlpool can analyze iot sensor data from connected appliances on the ibm cloud. so they can continuously learn how cu

were talking to the ceo of suntrust. and were watching u.s. futures.ight linger and what you need to know. back in a minute. safety doesn't come in a box. it's not a banner that goes on a wall. it's not something you do now and then. or when it's convenient. it's using state-of-the-art simulators to better prepare for any situation. it's giving offshore teams onshore support. and it's empowering anyone to stop a job if something doesn't seem right. at bp, safety is never being satisfied. and always working to be better. upgrade your phone system and learn how you could save at vonage.com/business welcome back. we are watching markets this morning. concerns over hillary clinton's health as well as worries over her tightened monetary policy. it has been up pretty significantly. were watching a key speech today from the federal reserve governor. we will watch closely. bill rogers joining us on that. thanks so much for joining us. i want to get to your campaign and helping americans get financially fit. in general how would you characterize the backdrop. d