35 Burst results for "New York Stock Exchange"
NYSE Says Again It Will Delist Three Chinese Telecom Stocks
"The trump administration is in its final days. But that doesn't mean that they're not still pressing ahead with their aggressive china policy when it comes to tech president trump has signed an executive order banning transactions with aunt groups ali pay tencent's wechat pay and q. Q. as well as five other chinese payment apps quoting reuters lee order argues that the united states must take aggressive action against developers of china software applications to protect national security it tasks the commerce department with defining which transactions will be banned under the directive within forty five days and targets tencent holdings q. q. And we chat pay as well quote by accessing personal electronic devices such smartphones tablets and computers chinese connected software applications can access and capture vast swaths of information from users including sensitive personally identifiable information and private information. The executive order states such data collection quote would permit china to track the locations of federal employees and contractors and build dossiers of personal information the document ads and quote so as i've said several times when it relates to the subject i still haven't developed a definitive opinion about this whole tech cold war with china. Smart people. I know really do believe that. China's tech ambitions are set to the us's dominance in various ways and so must be meaningfully countered the problem. I'm having though is at least these last few years. The trump administration in my opinion hasn't put together a coherent argument about what they're doing. Or why so. It's hard for me to even form an opinion. That's not me being political. That's just me being someone in the tech industry that feels this whole posture. Vis-a-vis china by the government has been maddeningly inconsistent. So far case in point after pressure from the us government. The new york stock exchange said it would delist the stocks of three chinese companies china mobile china telecom and china unicom in order to satisfy an executive order imposing restrictions to prevent american companies and individuals from investing in companies identified as being affiliated with the chinese military. Now that was always the plan they were going to list these three companies and then two days ago the nyse reverse course and said it would no longer dealers those companies now today. they're reversing the reverse quoting cnbc. The exchange reversed that decision on monday causing much confusion treasury secretary mnuchin told the exchange that he disagreed with the original reversal. A senior administration official told. Cnbc's eamon jabar's the mis's said the latest reversal was due to new guidance. From treasury's office of foreign assets control that said people in the us could not engage in certain transactions with the three companies as of next monday trading of the three securities will be suspended at four pm eastern time on monday the exchange said and quote. See what. I mean confusing as all get out isn't it. China mobile is a one hundred billion dollar company. I believe they've been listed on the nyse for more than a decade. As i said before around these issues capitalism requires a clear set of rules that everyone involved in the great game of capitalism can understand if you don't know what the parameters of engaging and capitalism are then that's not capitalism so i guess one of the bigger questions going into the new year does president biden have as big an ax to grind with china tech as president trump. Did and will we get a more coherent position. Vis-a-vis chinese tech
China criticizes US order against dealing with Chinese apps
"Beijing has criticized a U. S. Wilder against dealing with Chinese apps China's government has accused Washington of miss using national security as the excuse to hold commercial competitors after president Donald Trump signed an order banning transactions with payment services Alipay and WeChat pay and six other apps Tuesday's order escalated a conflict with Beijing over technology security and spying accusations that has plunged US Chinese relations to their lowest level in decades he follows confusion in financial markets off to the New York Stock Exchange announced last week it would remove three Chinese phone companies and then withdrew that plan Monday I'm Charles last month
NYSE does a U-turn on Chinese telecoms delistings
"New york stock exchange announced. It will no longer delist china. Telecom china mobile and china unicom last week. The exchange trading stocks would be suspended on january seventh ahead of a full delisting to be in compliance with an executive order that forbid trading of shares in companies tied to the chinese military. The exchange did not say what changed in terms of compliance to that executive order other than to say it will continue to evaluate the applicability of the order to those companies
NYSE says it will no longer delist three Chinese telecom giants
"Pressure on China. However, the New York Stock Exchange says eat no longer plans to deal is three Chinese telecommunications giants after consulting with the Office of Foreign Assets Control. The index said it had originally planned to drop the Chinese telecom listings in order to comply with President Trump's November executive order, which bars American Companies from investing in firms he claims, eh. The Chinese military Chinese Security Regulatory Commission on Monday said the order was based quote on political purposes. Other major indices including the S and P and Dow Jones have taken steps to comply with the order, which will go into effect next Monday. Showman. JAL fucked me
Stocks fall as trading starts for year of great expectations
"The closing bell at the new york stock exchanges. We raffled trading on this monday january fourth and it was a down day down star to the new year for wall. Street volatility gripping financial markets spurring a stock selloff amid concern that a surge in global corona virus cases could crimp the economic recovery traders also jittery ahead of tomorrow's runoff elections in georgia which could determine whether democrats have control of congress to push president elect. Joe biden's agenda so a down day read on the screen however we finished well off session lows right to the numbers s and p down fifty five drop today of one and a half percent. The dow down three hundred eighty two down one point. Three percent nasdaq lower by one hundred. Eighty nine points a drop of one point five percent to put those numbers in context that the worst love of the day the snp have been down ninety three a drop of two and a half percent. The dow had been down seven hundred twenty four down two point four percent again the snp ending the day with a loss of one and a half percent.
China warns of retaliation for NYSE's delisting of companies
"Threatens to take unnecessary measures in response to New York Stock Exchange delisting. Of three companies. China bound on Saturday to respond to the delisting of three telecom companies.
China says it will respond to delisting of telecom giants
"Vowing to respond after the New York Stock Exchange said it will delist three Chinese companies following an executive order from President Trump. Will bar Americans from vesting in firms believed to be linked to China's military, NPR's John wrote reports. The investment band takes effect on January 11th. The New York Stock Exchange said on Thursday it would complete the delistings by then. Companies are China Telecom, China Mobile and China Unicom, Hong Kong all our major state owned telecommunications firms. China's Commerce Ministry says the U. S move hurts the interests not only of the Chinese firms but also investors outside China. Including in the United States. It says it will also damage confidence in US capital markets. In response, China will take necessary measures to quote resolutely safeguard the legitimate rights and interests of Chinese enterprises. It did not give details of what that would entail.
NYSE to Delist China's Major Telecom Operators
"China says it will take necessary countermeasures in response to the New York Stock Exchange announcement that it will delist three major Chinese telecoms. It's the latest flare up of tensions between Beijing and Washington. China did not offer details on what the measures might be. The move stems from an executive order President Trump issued barring investment and publicly traded companies that the U. S government says are owned or controlled by the Chinese military. Stock exchange said Thursday it would delis China Telecom, China Mobile and China Unicom Hong Kong with trading of the company's suspended in early
New York Stock Exchange to delist 3 biggest Chinese telecoms to comply with Trump executive order
"China warning of retaliation after the New York Stock Exchange delisted three major telecoms China Telecom China Mobile and China UNICOM President Trump issuing an executive order to ban publicly traded companies owned or controlled by the Chinese military. China's calling the move and abuse of national security. Trading will be suspended the second week in
NYSE to delist 3 biggest Chinese telecoms to comply with Trump executive order
"China says it will take necessary countermeasures in response to the New York Stock Exchange is announcement that it would d list three major Chinese telecoms AP Correspondent Julie Walker reports. It's the latest flare up of tensions between Beijing and Washington. China did not offer details on what the measures might be. The move stems from an executive order President Trump issued barring investment and publicly traded companies. That the U. S government says are owned or controlled by the Chinese military. The stock exchange said Thursday it would delis China Telecom, China Mobile and China Unicom, Hong Kong with trading of the company's suspended in early January. I'm Julie Walker,
China warns of retaliation for NYSE's delisting of companies
"China says it will take necessary countermeasures in response to the New York stock exchange's announcement that it would delist three major Chinese telecoms it's the latest flare up of tensions between Beijing and Washington China did not offer details on what the measures might be the move stems from an executive order president trump issued barring investment in publicly traded companies that the U. S. government says are owned or controlled by the Chinese military the stock exchange said Thursday it would delist China telecom China mobile and China unicom Hong Kong with trading of the company's suspended in early January I'm Julie Walker
NYSE to delist 3 biggest Chinese telecoms to comply with Trump executive order
"Big state run telecommunications companies are getting booted off the New York Stock Exchange. The move follows an executive order from the Trump administration in November. That bar's Americans from investing in companies with ties to the Chinese military. By January 11th. The exchange will halt trading and shares of China Mobile, China Unicom and China Telecom.
Some New York Stock Exchange operations to return to remote working
"Some traders on the New York Stock Exchange are returning to remote work again due to a surge in covert 19 cases. Daily cases air above 10,000 in New York State for the first time since the spring and hospitalizations air also way up. Exchange shutdown in late March and partially reopened in May.
Tesla is about to become the top S&P 500 stock
"Futures and options we're talking about the could drew people witching, where contracts on individual stocks and equity indexes expire. You've already seen an early burst of trading. You look at stocks listed either. On the New York Stock Exchange of the NASDAQ first half hour, according to our data, almost two billion shares changing hands. That's up more than 20% from last Friday and more than 25% from last September 3 months ago, the previous quadruple witching day, So you know you have that inflating trading. It's gonna happen again at the clothes, and then you have to figure in Tesla going into the S and P 500 before Monday's opening Bell. That means funds tracking the S and P. 500 will need to own shares. And based on calculations that we've seen $70 billion of stock is going to be changing hands Mean Bear in mind. Tesla's at a market value of $622 billion as we speak, and you know, roughly 80% of that will be counted in the index. The rest you shares owned by CEO Elon Musk and other insiders that Doesn't go into the index calculations, but it gives you some idea of just how big this change is going to be and how much trading is going to result from it by the end of the day. Does it mean that there'll be a broader effect on the indices? In General David will be just primarily Tesler related? Well, I mean, there may be a broader effect in the sense that it's going to be a somewhat different index Tesler, based on some of the analyst calculations, I've seen one half percent of the S and P 500 roughly once it's included. It means that the auto industry's gonna can a lot Maura. And as a result of that, you know the consumer discretionary category, which has been dominated by amazon dot com. You know it's going to get a number two in Tesla's, so it's going to be different for sure. And just looking. What's going on today since I'm mentioning the industry group in the S and P five under one of the 11 Anyway, they're all down at the moment. I mean, Utilities, makers of consumer stable, sweet beverage tobacco, holding up relatively well averaging real estate with the biggest declines all 11 lower, but in terms of individual sacks, just two down roughly for everyone that's up in the S and P 500. So you know kind of a broad decline, but not so much. It'll kick in the teeth
Sizzling Tech IPO Market Leaves Investors Befuddled
"Headline. The Wall Street Journal. Sizzling Tech AIPO market leaves investors be funneled basically, investors saying, guys, this looks a little bit frosty here. You've actually got companies that have pulled their IPO's not because they're too worried about the downside, but because they might explore other options that allow them to raise money at higher valuations. And you've got some people. Making comparisons to the tech bubble, saying, G. This doesn't necessarily look healthy in terms of what we're seeing on pricing for, you know the long term here, so I don't think puzzled should be used to describe this. I mean, we've seen Irrational exuberance around the number of securities this year that I don't think really added up. So I don't think this is all that puzzling that we saw. Ah, whole lot more demand for these securities than was anticipated. I would be pretty upset if I were you know, Airbnb, or I guess I can't be too upset. I still own a lot of stock at pretty high value. But you took that I P o. And this might be worth explaining. How can we go through the process of an initial public offering? So when you hire an investment bank On Then do your road show where you go Talk to a bunch of investors. How exactly are you determining this price that you I po at and then the difference between that price and what it actually trades at at that first day. How's this all work? Yes. So basically what you see happening is that Let's say that I am running a meal delivery company called Chuck Dash, Okay, and I decided I want to take Chuck Dash public. I'll go to the big investment banks. You're Goldman Sachs. Is your Morgan Stanley's Merrill Inches, All those and I'll say, look. I want to have an exit into public markets, and I want to raise X number of dollars in doing so, and what they'll do is they'll say, Okay, you know, we're going to, you know, first go through and, you know, look at all the numbers on your businesses Submit what's called an S one. It's for Mass one. Where you say Yep, Here's what I've done in revenue. Here's my sales. Here's my profits. Here's my margins, Yada, yada all the info on your company. And basically you'll, then go to all those investment banks and have meetings with them. And they'll, you know, grill you on the fundamentals of your company. And from there, they will then go to their book of business all of their clients and say, Hey, we've got this company. Here's what we think it's it's worth. Do You have any interest in buying at this price? Here? The metrics on it, You'll go around with them in that road show, you know, pitching yourself to potential investors. And basically from there, you get to a number where you say See, I think that Chuck Dash is worth $80 per share. And I want to issue two million shares of it. So I'm going to raise you know, $1.6 billion or whatever it ends up being. And so you know you you do that. And you say, Okay, I You know, I'm selling all these new shares. And so it salutes management a little bit. But these new shares that air going out into public markets and then you eventually get to the point where you have your I P o Day and on that day. You issue those shares at that price, But all of the indices, I'm sorry all of the exchanges Whatever one you trade on whether it's the New York Stock Exchange, the NASDAQ they will go in. They'll try to fill orders based on the pricing that's out there. And pretty much if there is more demand than there are people willing to sell at that AIPO price it drives the price up, okay and remember a lot of old shareholders once who are you know, founders and old employees. Their shares are locked up so they can't sell right away anyway, so it creates a little bit of crunch in some cases. But again through good pricing. If I say I'm appealing at 80 bucks a share? Yeah. You want to see a little pop on day one, but you don't want to leave too much money on the table. What we've seen here is in the case of Airbnb. They aipo, they said their share price. It's $68 a share. But there was so much demand on public markets once they actually you know, started this process that even though Airbnb sold their shares at 68 a share, the first trades happened actually, at north of 1, 50. So Airbnb is sitting there saying Okay, either we should have priced higher and raised twice as much money or we should have sold half assed many shares and raise the same amount of money with less dilution. And that's I think part of the reason why you're seeing some of these companies, saying the investment banking model didn't deliver the rate of the proper capital allocation based on you know what actually happened when these companies went public?
DoorDash sells shares at $102 in IPO, pricing above range
"Stay indoor Dash has its big day in the I P O Spotlight The San Francisco food delivery firm goes public today after pricing it shares of $102.7 dollars above the high end of the expected range. Given in a $38.7 billion valuation door. Dash has seen its sales triple this year as Americans have relied on delivery services, and it's one of the biggest IPO's of 2020 with another on tap for tomorrow with Airbnb is expected debut. Lord Ashe will trade under the symbol dash on the New York Stock Exchange. And it's taking a little while as usual for the I P o underwriters to take care of business Before the stock goes
DoorDash releases filing to go public
"Door dash has filed. Its s with the sec. Which of course is the first step in an ipo. They will be listing their shares on the new york stock exchange under the ticker symbol dash. Das h. and speaking of dash we're expecting there to be a dash of companies rushing to go public before the end of the year. We're expecting roadblocks wish affirm airbnb all to file within weeks but back to door dash. Ns one means we finally get to take a look at the underlying business in a debut in company. Jordache reported that they had one point nine billion dollars in revenue for the first nine months of twenty twenty on which they lost one hundred and forty nine million dollars compare that to revenue of only five hundred eighty seven million dollars a year ago and a loss of five hundred and thirty three million dollars. Coding alex willem in tech crunch door to ashes. A heavily backed company with crush base reporting that the food delivery giant has accessed around two point. Five billion dollars in capital during its life most recently in a four hundred million dollar around this june at the time doordash was valued at a towering sixteen billion dollars post money giving the company big valuation shoes to fill. When at prices it's ipo and begins to trade jordache has grown incredibly rapidly scaling. Its revenues from two hundred ninety one million dollars in two thousand eighteen to eight hundred eighty five million dollars in twenty thousand nine and more recently from five hundred eighty seven million dollars on the first nine months of twenty nine thousand nine to one point nine two billion dollars in the same period of twenty twenty that is two hundred and twenty six percent growth in two thousand twenty thus far these sort of expansion. That explains why door dash was able to attract so much capital at such high prices. How high quality is ashes revenue in the first. Three quarters of two thousand nineteen the company had gross margins of thirty nine point nine percent and in the same period of two thousand twenty the figure rose to fifty three point. One percent a huge improvement for the consumer consumable delivery confab. The result of door dashes epic growth and gross margin. Improvement has been radically improving profitability. The companies operating loss fell from four hundred. Seventy nine million dollars on the first nine months of twenty and nineteen to just one hundred and thirty one million dollars in the same period of twenty twenty door dashes net losses are slightly worse. Five hundred thirty three million and one hundred and forty nine million over the same timeframe respectively but again compared to the company's top line growth and revenue quality improvements are inconsequential. Jordache has around one point. Six billion dollars in cash and equivalents heading into the fourth quarter. Meaning that it has ample cash to fund itself sands an ipo. The company is there for going out because it thinks the time is ripe and quote. Yeah that's a bigger better business than. I certainly expected growing faster than i expected. But then maybe. I shouldn't be surprised because you know covid but also positively improving gross margins. Maybe they think they need to get out the door now before a vaccine actually shows up and maybe stalls their growth a bit
Boop - burst 1
"All of the world twenty-four hours a day and bloomberg.com on the Bloomberg business app and Bloomberg quick take is Bloomberg Radio losing Bell. Wrong with the world headquarters on Charlotte, There was a down day on Wall Street Stock slumped Airlines and hotels particularly hard hit amid signs at World economy has a long way to go get back on track down for the closing bell at the New York Stock Exchange almost four shares fell on the S&P 500 index for everyone the gained the tech-heavy NASDAQ gauges dropped off a record intraday high in the afternoon a losing session there at or near session lows has some peace about 34 points down 1.1% NASDAQ retreating from yesterday the record down eighty nine point to drop of nine tenths of 1% the downtown 396 points down one and a half percent lot of those losses really coming in the past fifteen minutes of trading the
"new york stock exchange" Discussed on Talk Radio WPHT 1210
"To Sean Hannity show congressman Matt Gaetz Sean is actually bound and gagged in the corner of the studio trying to get a show back and I am not giving it to him for the next few hours I'm gonna continue to break down the top ten DC lies of twenty nineteen will be on to number seven in just a moment but first I want to tell you about my morning at the New York Stock Exchange I went down there to have a television interview with one of the less friendly media outlets that we have in our country I think that you know you can't just go on the Hannity show you can't just go on fox news and you got a win all your home games and then at least go fifty fifty on the road if you want to make an argument in our great country so down on the floor of the New York Stock Exchange a Florida boy from a pretty red district and I'm thinking you know it is gonna be like liberal Mecca here in New York let me tell you something it is mac a country on the floor of the New York Stock Exchange I mean those folks are seeing the prosperity in this country they're seeing the four oh one K.'s filled up with wealth and opportunity for our citizens I even talk to one guy came up took me on the L. bones and all you know are you you Matt Cates as sometimes I have to ask will who's asking and why but but she was eager to share with me that he was an Obama voter but would always support president trump because he sees the impact on our economy folks reason hiding their their trump twenty twenty stickers down there on the floor of the stock exchange so if you ever think that here in New York it is just the the liberal enclave know that there is at least some real estate where folks see the impact of the trump presidency and they're excited about it wasn't just the New York Stock Exchange today we we also saw some celebrity news Sharon stone back in the headlines Sharon stone blocks from dating app as users assume her account is fake Sharon stone on the bumble app now I I've got to tell you I'm a single diet member the bachelor caucus in Washington DC so Sharon the GM's are open hit me up I would totally hang out with Sharon stone I mean you know maybe our politics would exactly be aligned but I mean who who didn't love basic instinct I I feel like that that would give you enough to talk about for like at least three dates just just your heart takes on basic instincts so Sharon stone sets up this this account on bumble as I understand the bumble dating act distinct from other dating apps the the female participate has to make initial contacts that's what's what I understand I'm getting some nodding from female producers and studio okay so that's how it works a little different on bubble then on tender may be or some of the other apps so she signs up and they think it's a fake account they think someone is pretending to be Sharon stone and is ultimately blocked so I don't know I I wonder if this is our only dating app she's on there are there people out there swipe in right for Sharon stone on tender are there and you would swipe left we'll see I don't know Sharon stone trying to get back in the hive of back in the game as he shot always gives me advice about these types of things he says Matt you know I I know you're single but don't be on any of those dating apps you can't be on the dating app so despite the fact that our man Sean Hannity probably very dude then out of that world is all about making sure that I think you would be band would they think yours is a fake I don't know if I I wonder if I would be banned I wonder if I you know if I was if I was on the the bumble or tinder app what I'd be able to maintain that maybe I'd be de platano sh Twitter shadow banned me Twitter shadow band for members of Congress Jim Jordan mark meadows Devin Nunez and Mad gate so in a way I was very honored to be included in that group but I wonder if you get shot band on a dating site I guess how might be what I have to tell myself I got no interest yeah if I wasn't actually blocked what we hope that Sharon stone finds love if that's bumble or elsewhere no one who broke the barrier she did on basic instincts should have to be lonely for long so we are we are with you Sharon stone we are here for this battle between you and bumble everybody makes all it makes it makes a lot of like the conflict with big tack in Washington that's a big source of debate and discussion this is the real discussion we got a half how is bumble treating Sharon stone on fairly speaking of on fair the steel dossier how the hell that for a radio transition the steel dossier was the subject of much discussion in twenty nineteen it is the subject of our twenty nineteen light number seven of the year time and again you heard Democrats saying that the steel dossier was not a central part of the FISA application play kick clip nine let's hear the lot he was part of a broader mosaic of facts that were laid before the.
"new york stock exchange" Discussed on Marketplace with Kai Ryssdal
"This is marketplace. I'm Kai Ryssdal. It was as you just heard the sad music today days of endless trade wars and all that but as iconic onic as we here at marketplace would like to believe the sad or the happy music is free market. Capitalism does have another sonic signature. The sounds the begin and end end the trading day marketplace Justin Ho as that one. It's nearly nine thirty in the morning. The trading day is about to officially begin right now a few players from the Harlem globetrotters or standing on the marble balcony above the bustling trading floor of the New York Stock Exchange. At at the moment there tossing basketball's back and forth with the crowd below. Finally it's time the Harlem Globetrotter. Big Easy Lofton is pressing the button that brings about the other hand. He's spinning a ball on his index. Finger Lofton's supposed to ring the opening opening bell for ten seconds. The closing bell rings longer. You must hold that button down for fifteen seconds. They tell you that if you don't hold the button down for fifteen seconds. The members are going to you that you didn't do correctly. That's Jim Sheehan the CFO of Hormel foods the company behind Spam Columbus meats and skippy peanut butter back in October. The exchange invited the company to ring the closing bell. Fifteen minutes before it happened Hormel. CEO Surprise she by giving him the job of pressing the button. You know. I've the company for forty one years so I've had a long career with a company. It's one of those things. It is almost a culmination of career for me. The exchanges used brass bells. It's the book in the Trading Day ever since nineteen ninety-three before that used a Chinese Gong and usually exchange officials would ring the bell then in Nineteen ninety-five the NYSE Eleusis started inviting companies to do the honors. John Steele Gordon is a Wall Street. Historian he says it was the early days of the DOT com boom. TV news was covering more of what was what's happening on Wall Street and companies realized that ringing the bell could give them a little publicity an talker. Shane was more than happy to make this available because it gave the New York soccer change good publicity Blissett to people end up on the marble balcony for all sorts of reasons executives during the bell when their companies go public. Or if they're releasing a new product the Harlem globetrotters. We're about to start an international tour but he lose the exchanges executive vice chairman. This year alone. You Know Uber. For instance of course rang if for their IPO and they have one of their drivers ring the Bell we had first Malania trump com recently and she rang the bell. It almost feels like when you give away the key to the city. That's Ian Bremmer founder of the consulting firm. Eurasia group like the mayor does that. It's kind of this on Riddick in a place that a lot of things seem ephemeral. It's something that we've been doing wing for an awful long time. He's running the bell twice once in two thousand nine again in two thousand eighteen. After he started a new media company called Jesus Zero Media both times he you said the Stock Exchange invited him was like yeah. It was a great new company. You're doing and when you when you have a chance. Let's figure out a time that you guys come and ring the bell and it wasn't something we were lobbying for Betty. Lou didn't divulge olds how the selection process works. But there's a request form on the NYSE website. The form says the bells reserved for public companies listed on the exchange. But sometimes there there are last minute opportunities for deserving nonprofit organizations we were on our way to present our work out a fundraiser. And got this call at six thirty the evening before the bell was supposed to be wrong. That's BECA DEMEO. She's the executive director of city. Growers nonprofit that teaches teaches young people about farming. Apparently the company that was supposed to ring the bell had dropped out the chair of the Board of Seger's Georgia she called and just said Hey guys wandering the opening bell for the New York Stock Exchange and I was like. Oh is that a thing. Is that something we should do in Georgia like yes BECA. It's definitely something we should do. DEMEO had thirty minutes to throw together a list of people who would be there. She brought along a few colleagues. CD Growers Program Manager Rennell. Saint George Press the button. I was really excited about it because I I did. Learn about bringing the bells economics watching Saint Your ring the bell you can tell he's excited he'd beams as does. He presses the button with his fist in the air. Yeah I was trying to pump the Margaret. I was trying to be sure as the day after ring. The Bell Saint George signed the wall in the back room and went home with a plaque that day. The S. and P. Five hundred and the Dow closed up in New York. I'm Justin how for marketplace regular listeners will know that we talked on a pretty regular basis with the CEO's of companies that shape our everyday lives. You can listen to those interviews in their entirety by the way on our corner interoffice podcast but those companies are mostly big entirely for profit and generally corporate companies the next couple of weeks though. We're going to talk to people. Running nonprofits the profits and charities which it has to be said here also shape people's lives we start with co-presidents of an organization called baby baby. Kelly sorry Patrick often nor Weinstein. Run the thing you're off. When they came into the studio the other day with the elevator pitch our elevator pitch is very simple? And it's that we provide provide diapers clothing and basic essentials to children in poverty. Who deserve them? And I say that it's simple because it's really a very old fashioned. Shen form of charity. People generally want to help children in need and we give them a very tangible way to do so. There are though Kelly dozens hundreds hundreds of organizations with a very similar mission statement. What's your business differentiator? I think we've always looked at baby the baby as a business snus and we've never looked at it as something that was going to be small and that was going to help few and I think people got behind us because no oh like there's no food stamps. Don't cover diapers. These families are paying to fourteen percent of their income on diapers. It's so expensive. And when and you really like look at these facts you can't imagine being in this situation and not being able to put a diaper on your baby or emptying your baby's diaper out and hanging out to dry Brian putting it back on your baby. Those are the realities that the families we serve a facing. Of course I don't know that there's hundreds or thousands thousands of organizations doing similar work. There are some and we partner with them. Admire them in. Want there to be more and more. But we're truly a middleman to these other organizations where we are solely focused on getting them diapers clothing car seats strollers warm clothing pajamas. Tom Is bottles formula school uniforms backpacks. And there it's actually. There are actually not that many so it's sourcing and distribution right so in essence you two. We're running a logistics company. We are found ourselves running in logistics company. Now what we thought when we started. Well no but but look you you and this company and where we are in the city you to you come with differentiator and that is the role of of influencers and celebrities and your social circles that have permitted you to expand How did that come to pass? Did you just call Jessica Alba and say. Hey D- do you have some servers. It's funny We we tell the story a lot and we. He had a event where we begged our friends to help us get alcohol sponsors and spaces sponsored and all these things. And we invited Ed Jessica. Alba and Nicole Richie who are two of our founding board members and one of our friends who is NPR. Who happened to help us out? That night I I took a photo and the next week. This photo was in US weekly magazine. And it said the baby to baby event with just Galvin Richie itchy. We weren't into photo we're we're okay. We're at our six hundred square foot warehouse and we got a phone call and it was like hello this is NPR. And we'd like like to throw an event with you and we like to give you one hundred thousand diapers and one hundred thousand dollars represented Kimberly Kaku. They never. Yeah so we were in the business of saying yes and as they were saying. Do you accept pallets. We were like what. What is a pallet? But of course we accept ballots and they were like. Do you have a forklift and we're like yeah. We have a forklift. We had no forklift with nothing and the truck showed up with two hundred thousand diapers and we unloaded at ourselves with our one intern in our heels and they flew off the shelves and we realized that early on that utilizing these influencers and celebrities could be a key to our success and growth so we've continued to surround ourselves with a group of women both board members and extension one of our board that we call our Angel Group and they're not names on piece of pieces of paper they are women and they're all mothers and they bring in their own own companies to volunteer. They also give us millions of items from companies that they've started. They do similar events where in return for a sponsorship. They will will pose for a photograph that allows us to get millions of dollars and millions of customs. So we've utilize them and it's it's really worked so there's a growth in scale question GonNa be asked right show. How are you going to grow this in a way that lets you stay true to your mission? When there's so much opportunity in short so I would start by saying I'm going back to the narrow mission because what we have found is we have identified this category of need which just for these basic essentials and it is not stopping? We have at all times a wait. List representing over fifty thousand children in Los Angeles alone on the numbers in the country are exponentially more than that and every homeless shelter hospital domestic violence. Alan Shelter School district. That hears about US says we would love to be a part of this so our ski. So we're not. We're not interested in growing beyond the mission of doing doing that. We're interested in reaching more children with the mission that we've already established nor Weinstein Kelly. Sorry Patrick companies called baby baby. Thanks you too for coming in. Thank the extended version of that interview. Kelly Sawyer Patrick often a Weinstein. The co-presidents of baby baby baby. The baby is on our corner office. PODCAST including by the way how that whole co President.
"new york stock exchange" Discussed on Bloomberg Radio New York
"The New York Stock Exchange for putting on this Thursday July eleventh looking at records for the Dow and the S. a move lower for the nasdaq composite index at the bell the Dow up two hundred twenty seven points are by eight tenths of one percent at twenty seven thousand eighty seven S. and P. up six closing just below three thousand twenty nine ninety seven there's a decimal involved there twenty nine ninety nine actually point eighty seven up by two tenths of one percent nasdaq lower by six a retreat for nasdaq down by about one tenth of one percent as for the economic backdrop Michael Sheldon is chief investment officer at party M. financial group he was our guest moments ago right here on Bloomberg businessweek most leading economic indicators don't point to a recession right now they point to a slowdown or more moderate growth compared to two thousand eighteen for example so we don't see a recession ahead obviously things can change we're still of the opinion that that somehow China in the United States will be able to resolve their differences and if that can happen that can provide a boost for consumer and business confidence which I think would help promote stronger economic growth the tenure down nineteen thirty seconds with the old of two point one two percent these headlines from the Bloomberg professional service the Boeing executive in charge of the seven thirty seven MAX program is retiring and Accenture has named Julie suite has the next CEO this according to the F. T. gold floor by eight tenths of one percent today an ounce of the precious metal of fourteen oh seven West Texas intermediate crude higher little changed up four cents at sixty dollars forty seven cents a barrel that was a gain of less than one tenth of one percent actual technologies buying closely held biotech instruments for one point one seven billion dollars recapping records on Wall Street S. and P. up six a gain there of two tenths of one percent the Dow Jones industrial average higher by two hundred and twenty seven points up by nine tenths of one.
"new york stock exchange" Discussed on Pantsuit Politics
"And I started a business became very successful. I in public on the new York Stock Exchange, but I'm gonna have never been able to start that business unless my wife April had a job with healthcare. We were thinking our young family, and you know, these kind of stories are everywhere. People don't start businesses 'cause healthcare they try to get a better job or go back school and get some skills showing credit for universal health care. And I have a way to do it. I think makes more economic sense as holy paid for an involves having you know, a mix of government and private insurance as your. Out campaigning are the American people sort of following this tit for tat back and forth. That's going on in Washington. DC are people just completely frustrated in knock following that narrative at all are people happy with where healthcare is or are. They ready for it to change. I'm wondering is you're taking the temperature. What you're hearing. Such a big industries. You know, it's the six of the US economy. And so really does depend on your perspective. I mean, people have Medicare very happy with Medicare a lot of people have commercial insurance are actually very happy with their commercial insurance. Most people know that many doesn't nearly pay enough right in in states continue to do things to put pressure on Medicaid. And that's hurting a lot of low income Americans Americans are very very frustrated with what's going on for Masuko prices that really until and that comes up in every kind of town hall meeting. I have which is one of the reasons I really think in a leadership role in doing things to get former suitable prices under control what's going on with with drug prices in this country, and how affects the average Americans terrible. And it's also, you know, which really unfair US citizens really in many ways subsidize the whole world pharmaceutical industries being 'cause you know, if you go to Europe in Germany or Spain or Great Britain, they pay about a third for that. We. And it's really unfair. So we gotta get on the level plains the rest of the world, we guy get those drug prices down. About shifting something that creates such a huge component of our economy because on the one hand, we think about how expensive healthcare is because it's part of the private sector on the other a lot of people work in healthcare and work in health insurance and work in brokering health insurance for employers. So when you think about policy that would dramatically shift our system, how do you think about all of the unintended consequences of that policy? It's also one of the reasons like some of the early proposals out single payer healthcare. I think we're really guided because they said things like you can't have four profit healthier companies. And I'm like, well, why would we be behind the fall like there's a lot of people who work for four profit healthier companies country. And why would we ever Kratz try to make those companies a legal that doesn't make any? It also doesn't make any sense to get rid of private insurance. Because if you look at the healthcare market right now about eighty percent of healthier costs or paid by Medicaid. So if you only took Medicaid, you were hostile for example, you'd lose twenty percent Medicare only pays about ninety five percent of healthier costs..
"new york stock exchange" Discussed on KTOK
"Chris Wallace on Fox News channel the question for me. As always what's gonna happen. If people sense that you're not pushing an agenda. You're not pulling your punches. They're going to rely on you. It's a commitment to the truth. One of the advantages of having been in this business a long you're able to the tap. What is real what is important, and what's just political noise? Chris Wallace on Fox News channel real news. Real honest opinion. Stocks were up to start the day on Wall Street. That's changed FOX business network's turrets live at the new York Stock Exchange. Hey, hey, Chris. Yeah. Well, we're hoping to see a more positive day for the markets after Monday's big selloff. But right now, we're seeing the Dow down thirty eight that one and the NASDAQ up thirty tech stocks moving higher this morning, though, Facebook Google Amazon all up around eighty percent Amazon also reporting record holiday sales from its top selling devices, like the echo dot TV fire, stick and oil prices, also recovering after seeing a six. Percent drop on Monday on worries about the slowing down of the global economy for oral at forty four dollars a barrel right now, that's multi-month lows. Chris back to you know, he thank you very much more medical checks now ordered for migrant children in border patrol custody and eight year old boy from Guatemala died. Fox's William Watson s reports. The case of this eight year old police say Alonzo Gomez Corey VP agents apprehended this point his father near El Paso, last Tuesday, December eighteenth, they processed given food and water two days later December twentieth. They were transferred to El Paso, then three days later because of overcrowding they were transferred again to the Alamogordo station a day later, December twenty four th an agent notice the boy look sick and took him to local hospital. He was admitted got Tylenol an antibiotic and I'd be proven then released agents took the boy to a highway checkpoint holding cell. He began vomiting. They return to the hospital. He lost consciousness during transport, and then was pronounced dead just shy of midnight on Christmas Eve. The cause of death for that boy or a girl who died earlier this month has not been announced at least ten people are hurt in an earthquake in Italy eastern, Sicily, houses, and churches are damaged the quakes linked to the Mount Etna eruption on Monday. Federal investigators today are expected to sign of a single engine plane crash in Sioux Falls, South Dakota, the one person on board died two homes were badly damaged two others less..
"new york stock exchange" Discussed on KGO 810
"Day. The new York Stock Exchange has a half day today, but the shorter trading day is not expected to slow the drop in stock prices. Thanks, stocks were set to have a negative day. Thanks to a phone. Call made to executives. I Treasury Secretary Steve Mnuchin or Steve Kastenbaum explained. The Treasury Secretary called the CEO's of the largest banks in America apparently to calm concerns. But the thing is those CEOs weren't showing great concern analysts that those banks have been saying for a while that economies around the world are slowing, but they still an -ticipant growth in two thousand nineteen. In a written statement, Steve Mnuchin said the executives assured him that their banks are healthy and have ample liquidity to lend to consumers and businesses. He said quote markets continue to function properly end, quote, the president's public discontent with the fed reserve chairman and the government. Shutdown are adding to uncertainty on Wall Street. Steve kastenbaum. New york. Indonesia's disaster agency says the death toll from the weekend. Sue NAMI is now at three hundred seventy three the agency says one hundred twenty eight others are missing correspondent Ivan Watson tells us what experts say caused that's to NAMI this island in the middle of the cinder straight which erupted on Saturday and the scientists in Indonesia say that he dumped more than one hundred fifty acres of mountainside into the ocean. And that's what created this deadly natural disaster Defense Secretary, Jim Mattis plans to leave his post in about a week that's much earlier than he had thought Pentagon correspondent Barbara Starr has the latest President Trump yesterday having secretary of state, Mike Pompeo, call Mattis and tell him he'll be gone by January. First outputs deputy Secretary Patrick Shanahan in place. Spacex is launched the US air force as most powerful GPS satellite ever, built a falcon nine rocket blasted off from Cape Canaveral Florida yesterday hoisting that satellite into orbit Heather Wilson. The secretary of the air force. She says the next generation GPS satellite is three times more accurate than previous versions and eight times better at anti-jamming. And China's legislature is considering a law to prohibit government officials from pressuring foreign companies to hand over technology to practice that helped spark Washington's tariff war with Beijing. The communist government has long denied complaints that companies are required to trade technology for market access, but has promised to crack down on it. The official news agency. There says a proposed law on foreign investment would make clear government agencies. Cannot force the transfer of technology. I'm Kim McAllister. We're back to Armstrong and Getty.
"new york stock exchange" Discussed on No Limits with Rebecca Jarvis
"Because you see that moment of company going public is the opin me of so many things that have worked for and the group all coming together. Right. You and your team executives was that a moment for you where you felt like okay, I've sort of made it like this is what it was about. There was some feeling of, you know, having come to a very high success point. But I think from my perspective, especially as general counsel. I just knew it was going to be more work. You know, all of a sudden we had to start doing reports and dealing with the SEC and all of that. So, you know, it wasn't like you fury him. You know, I'm I'm made it and I'm done. Oh, this is very nice. And we didn't have the executives didn't have stock ahead of time. We got stock as part of the offering. So we didn't have the same success feeling that Bob Johnson did because the on the company he and TCI John Malone and H B O had a small piece of the company also so so I'm sure they felt it a lot more than we are remember having to get back to work that day. Okay. And we had some hiccups along the way learning to be a publicly traded company. But it was it was so exciting. And I just remember more than anything else the excitement of the people at the new York Stock Exchange. There was one guy. I can't remember his name. But he was the only African American male with a seat on the New York stock. I think his name was Harold duly. Just came back to me, and he called me like the week before. And he said, I would be so proud to stand with you all on the day, you go public. And I mean things like that, you know, had never thought about, but he was the only black man the only black person who had a seat on the new York Stock Exchange, and he wanted to be there with us that day. So it was it was an exciting time. And that is really exciting. You talked about the fact that you end up in the COO role because someone else was looking out for you. Fob was saying good job. Right. After you were there was there a hunger to continue climbing to get to that CEO role. At what point was it sort of in your consciousness of I liked to be the CEO of this company. It was almost immediate because he had never had a COO before. So the day. It was announced that I had that position. Everyone started treating me like they heir apparent. They really did. And I didn't realize it was going to be that way. But everyone said oh Bob's preparing to leave at some point. And that's both good and bad. Yeah. In anything, exactly. Was. It was good and bad. You know was good because I could start the training process to become CEO. Now, I think a long did he stay after that a while and Viacom eventually acquired BT. So that was another. Transformational corporate event. But during that time, I had there were other parts of the business. I had to learn I mean because I was general counsel. I knew the legal side. I knew a lot of the business side, but I didn't know anything about advertising programming or, you know, knew a lot about affiliate sales because those are huge contracts force. But there are other parts of the business. I had to learn and so he gave me several years to be able to do that. And people started calling me, you know, our partners people were doing business with if they couldn't get a hold of Bob. So it was a good. It was a good training period before Bob Johnson left. And so, you know. I'd have to say I did have my eye on because everyone treated me like that. And in terms of what you needed to learn along the way. What's the most complicated thing that you have to learn on your path to CEO? Wow. That's an interesting question. I think. There's a there's a bit of a learning curve, depending on how much of the company you've seen before then. But I think the real thing you have to learn is how to manage people. And that's not something they teach you in any business school, and maybe a little bit in business Qiuping. Yeah. It takes experience and learning how to motivate executives and how to put together a team and how to make sure the team is invested in your success..
"new york stock exchange" Discussed on 106.1 FM WTKK
"New York Stock Exchange. This is Fox News. Big news when he refused. What fifteen commands by each officer to drop the weapon, and the most engaging commentary me, this isn't make believe one. Oh, six one FM talk. This report is sponsored by rocket mortgage by Quicken Loans. Stay connected with one zero six one FM talking. I heart radio station. I'm Mike Hamrick. Republican leaders in the state legislature are now asking the governor to appoint a special commission to look into possible voter irregularities in the ninth congressional district. Race state Senator Tommy Tucker is adamant about what needs to be done. We're not see allegations of fraud against Republicans. Again. It makes me sick. We need to get to the bottom of this in a transparent and bipartisan way, the ice program is over in Mecklenburg county jail new sheriff Jerry McFadden ended that program yesterday, which is something he promised to do. With was campaigning. For the seat Mecklenburg county had been part of a federal initiative since two thousand six anyone arrested and found guilty in the country illegally was put on hold in the jail under the ice program that no longer exist. The PD says a man shot by officers last weekend was carrying a fake. Gun three officers fired at Bobby Morgan when he allegedly refused to drop the gun at a home on Winfield. Dr investigators found that the gun looks and sounds real. But only fires blanks. Officers have reportedly been called out to that house. More than a dozen times this year Morgan survived the shooting a girl scouts cookie manager is accused of stealing several thousand dollars. From Winston Salem scout troop, Debbie Joe Davison was arrested yesterday on suspicion of attaining property by false pretenses. They say she took over seven thousand dollars in cookie money Davis in his scheduled to appear in court next month. Stay connected. Follow us on social media. Go to him talk dot com to connect. From the JD service now plumbing.
"new york stock exchange" Discussed on WIBC 93.1FM
"Mentioned it a few times. Shockingly enough, rob kindles mad at somebody. And they're bad back at him too. And they responded we'll talk to rob KENDALL, right? After the news. What STAN layer? W IPC mobile news on the level of the. How your 4._0._1._K probably took another hit today becoming partly cloudy overnight, low twenty eight tomorrow's high mostly sunny forty two right now thirty five degrees. I'm staying Lear. Here's what's trending at five thirty after another bad day. The stock market has lost everything that it had gained this year. Fox's Ashley Webster reports from the new York Stock Exchange shake tech stocks again, taking a beating in the session. Shares of apple losing more than four percent or continue concerns about weak iphone demand as stocks fell. So did the price of crude oil the benchmark level hitting its lowest Mark in over a year on worries about an oversupply as the global economy slows down from the floor of the new York Stock Exchange, Ashley Webster, Fox News. Secretary of state Mike Pompeo says it is a mean and nasty world out there. He defended. President Trump statement that the relationship with Saudi Arabia is too important to allow the murder of journalist Amal kashogi to change that Dana less was a pharmaceutical rep. Student at mercy hospital in the south side of Chicago. Her father was prepared to deliver a wedding speech. He says Dana a recent Purdue University graduate was getting married in June. Now that speech will be a eulogy Brian lessons. Daughter was one of three people shot and killed at the hospital Monday. And there's absolutely.
"new york stock exchange" Discussed on KMOX News Radio 1120
"New york stock exchange and and so on and it's really really vital in the sec also weighs in on companies that wished to go public on funds that wished to offer their products publicly the the whole application process registration processes all focused on this and the sec has been known to deny the applications of entities that it feels aren't suitable or haven't made their case that they're going to be able to effectively manage assets for example they have rejected several times bitcoin etf's because the sec has said we're not convinced that this investment is in the consumer's best interest so that's one l station and yet to your point atom the sec does allow leveraged inverse mutual funds and exchange traded funds and i personally believe that these are the bad boys of wall street i think that they are not in the industry's best interest i don't think they're in the investment communities best interests i don't think they're in consumers best interests and i find it challenging to really make a case for the existence of these products brandon explain for everybody who's listening what an inverse fund is and what a leveraged fund is well i'll tackle the leverage part i because when you buy let's just say stocks whether you do it through individual stocks or ats or traditional mutual funds you deposit money and then you buy the shares and so if you put in ten thousand bucks you can buy up to ten thousand dollars of the mutual fund or stock whatever it is with leverage you can actually buy more than that you would open a margin account and if you put in ten thousand.
"new york stock exchange" Discussed on Talk Radio WPHT 1210
"New york stock exchange and and so on and it's really really vital in the sec also weighs in on companies that wished to go public on funds that wish to offer their products publicly the the whole application process registration processes all focused on this and the sec has been known to deny the applications of entities that it feels aren't suitable or haven't made their case that they're going to be able to effectively manage assets for example they have rejected several times bitcoin etf's because the sec has said we're not convinced that this investment is in the consumer's best interest so that's one l station and yet to your point atom the sec does allow leveraged inverse mutual funds and exchange traded funds and i personally believe that these are the bad boys of wall street i think that they are not in the industry's best interest i don't think they're in the investment communities best interest i don't think they're in consumers best interests and i find it challenging to really make a case for the existence of these products brandon explained for everybody who's listening what an inverse fund is and what leveraged fund is well tackled the leverage part i because when you buy let's just say stocks where do you do it through individual stocks or ats or traditional mutual funds you deposit money and then you buy the shares and so if you put in ten thousand bucks you can buy up to ten thousand dollars of the mutual fund or stock whatever it is with leverage you can actually buy more than that you would open a margin account and if you put in ten thousand.
"new york stock exchange" Discussed on WGIR-AM
"At the new york stock exchange in fact it's the fifth day in a row of stocks gaining is the longest winning streak in two months the dow jones industrial average up two hundred twenty three points right now with 25000 116 the nasdaq up sixty to seventy 206 the sp 500 up seventeen at 27 sixteen right now the inflation fears seemed to be offset by growth everybody's looking that volatility easing the 10year treasury moves to a fight for your high and the anticipation for a rate hike his coming in march apple guinea more than two percent berkshire hathaway ups at stake cisco gains four percent on its quarterly numbers trip adviser up twelve percent active then you to call you mentioned the interest rates well mortgage rates they've jumped this week to their highest level of nearly four years thirty year fixed rate according to for the american four point three percent the price of oil down a dime still above sixty bucks a barrel after yesterday's surge higher gas down another penny today dribble is national for regular 255 ah gallon marijuana is now legal in california but some people are still getting busted the sea of la has been giving retailers marijuana licences that some others without licences have still insisted on selling lapd captaincy carmona says they've served eight search warrants thirty five people have been arrested sixteen of them for operating without a licence eleven for operating a drug house other arrests involved miners outstanding warrants possessing drugs for sale while armed revalso sees the nine firearms one rifle and it handguns and those seized over a about fifty six thousand dollars in currency he says there are certain known problem areas in one location search warrants had been served there before people had been arrested in a shop closed down but it reopened and it's right next to a church school jessica rosenthal fox new as the olympics gold medal number five for team usa michaela schifrin wanted in the women's giant slalom skiing it does look like will have the chance of a couple of showers later on tonight along with some patchy fog as temperatures dropped back into the upper thirty's to lower 40s well it at the forties with wins picking up after a few showers early on friday temperatures will start falling in the afternoon will be either side of thirty with sunshine on saturday from the store watched.
"new york stock exchange" Discussed on BizTalk Radio
"What what is going to invest the judge thanks for being with us and so it's just one day that was down one seventy seven s p down nineteen nasdaq 39 nasdaq one hundred thirty four russell 2010 uh was my sought a semi conductors only down three transports only down eleven advance declines they lose that a five hundred twenty four hundred on the new york a nine hundred twenty two thousand on the nasdaq and i'm not sure if this is correct and i'm going to half the look i'm showing a huge pick up in new lows on the new york stock exchange but gas that that is the a lot of interest rates sensitive stuff that's my gas and azzam looking let's see what we got here for new lows yeah a lot of real estate the a lot of real estate a lotta mutiny bond funds lot of bond funds a year water that stuff because interest rates a tickin' up on the long abandoned the get an interest rates sensitive stuff now that's usually not a good sign him a but i'm gonna use the term usually let's see some more carts come out at the deck before we get all huffing and everything like that but look just like you.
"new york stock exchange" Discussed on Bloomberg Radio New York
"On the new york stock exchange we spoke about it all with our bloomberg reporters alex baringa and lukas shaw the spotify has planned to go public either late list this pastor 2017 early 2018 it really came down to win they could get their books in order they felt like they could close their books from an accounting perspective in just a couple of weeks there clearly comfortable with that financially they've never really needed to go public just to raise money which is why they're taking this unconventional path of a direct lifting as opposed to a more traditional ipo they were under pressure to to do so as quickly as possible to get under out from underneath the terms of this convertible debt that they'd raise from key pg and and dragging year and so it was really just a matter of the fastest they could do it that they were comfortable with they were going to win so now they're clearly comfortable direct optical listing so in a real ipo a classic ipo you hire bankers they helping crack the story they got on a road show they try to figure out out within certain terms what valuation the investors are willing to swallow this cuts out a lot of that a direct listing they by the way that it costs money exactly they pay the underwriters anywhere from two two and a half percent which is what snapped at up to seven percent of the entire raise with this it's different they basically just come out and say look our stock is trading now we don't know exactly how the mechanics are gonna work but in the past reckless things that i've looked at these very small companies biotech or real estate investment trust that have listed they basically just been the shares on day one like a normal open auction and that can kind of inject some questions is there enough supplies they're enough man where does the price stand these are all things that they will have to kind of suss through that could inject a lot of volatility into the shares so he might come out some of those underwriting fees but it seems like if they're moving ahead with this they say they don't need to go out and scream their story from the rooftops like a classic ipo and they don't need to fourteen banks coming in telling them how to sell their story lukas what does this mean for.
"new york stock exchange" Discussed on CNBC's Fast Money
"Day first with such limited initial participation what kind of volume will we be seeing second and more importantly what's the bid asks spread and what is the depth of the book that market makers have created if you can trade in ten dollar intervals for example which you can't how many bids and offers will there be a different price levels will this make bitcoin more respectable you know it's not really clear but it will certainly help make parts of the big corn market more transparent and it will go a long way toward extending some regulation to parts of that market back to you melissa pound thank you bob pisani with the latest from the new york stock exchange so what what do you think will happen i mean by mexican point in terms of bid asked spreads in how many participants will be on each side of the trade we don't know that yet no and i've talked to pry kelly about an nobody's and no better than he would and he thinks it's going to be a big we called it a thing hamburger i think it to an unknown in hamburger about nothing if it is a nothing hamburg roads what burger to set at about a year but it at any rate rozier we talked about yes we talked about last night interactive brokers scorn from 45 the six that we play the game you said i said absolutely is despite what mr perry said and listen this daca thirty eight times for ordering stayed with better trade against zillion bitcoin contracts otherwise you're going to be in trouble goes right back i am sitting at home and sunday night at six pm i'm going to be in front of my computer and i'm going to want to trade bitcoin futures what what are some of the caveats get first of all i think the american public sitting at home trading futures in general the risks involved in that are so much greater than people understand i think the general investor really doesn't understand so again i think brian is right when he says it's going to be a nothing burger piece i don't think people are going to step into this risk trade as quickly as pete right gipper mashreq they do a fragile.
"new york stock exchange" Discussed on CNBC's Fast Money
"Talks may be more important because the dow's priceweighted that david blitzer it's the chamber the index committee he said that he preferred the ratio of highest and lowest price stocks to be less than ten to one by that standard g is definitely a canon to be thrown out she's about eighteen dollars but the highest price stock in the dow boeing is at two hundred and sixty one dollars that's nearly fifteen times the price of g e another way to look at this is not the price but we're the company's at the committee dropped alcoa in 2013 here's an example because raw material companies weren't as important as they used to be but the best parallel may be hewlett packard it was dropped from the dow in 2013 because it was a former tech giant that had fallen on hard times the company's board of directors struggled and the company's seemed unsure of where it should be going it what it should be doing next malysz does that sound familiar at all guys a power there are their regular meeting dave of this committee bob the yes they meet fairly regularly but obviously they don't beat they don't make any decisions to make decisions very irreguarly on one thing should be thrown out spend a couple of years been absolutely bob thank you bob discerning at the new york stock exchange i mean given the ratio that currently has the price waiting in the dow mean it it's it's all modes playing itself right shoulder traffic and itself out yeah and you you made this comment yesterday if you look at the price action today the question mel post was just it was this one a capitulation really and you had an enormous volume today you had more volume at 50 billion dollars trade and yeah the stock to trade at three percent off the lows to finish respectively down four and a half before five percent so that the point here is did we get more news i still think people are concerned that flannery hasn't been a straightforward about the balance sheet but what i said last night and this is portfolio management kind of 101 you don't jump into the new name like this but you might buy a onepercent position and when the stock was down 20 per.
"new york stock exchange" Discussed on WRVA
"At the new york stock exchange and dave to your point energy shares and energy stocks are to the downside we're also seeing the markets overall selling off in the south is coupled with the fact that we have tensions building with north korea the dow jones industrial average down 53 points to twenty one thousand seven fifty seven the nasdaq down twenty and sixty sixty two the smp 500 down eight twenty four thirty six after the latest aggression of north korea firing a missile over japan and we are seeing energy as stocks to the downside but the defence stocks are moving higher names like raytheon in fact at an alltime high lockheedmartin and also general dynamics higher another area this is sports apparel year low for finish line also taking down footlocker and nike under pressure this after finished line at its next support is expected to be lower than expected and shares the best buy down nine percent after samestore sales were strongly said that's out the new normal dave barr thing in a call home prices gave rising s and p's case schiller next with twenty city markets chosen nearly six percent increase in june seattle as the biggest euro vi your home price increase more than thirteen percent do you like wrecker barrel a normal exiting there more than an indiana couple getting a hero's welcome into wall attend oregon outside portland eighty one year olds ray wilma yoder of gauchan indiana little farm kids aren't you stole is tied back in their seventies these farm kids fans of those cracker varel restaurants decided they make it their mission to visit all of the chains location everybody does something we thought we would do this i.