Also in this playlist...
This transcript is automatically generated
Good morning everyone it's time to check the markets now US and UK markets return to trading following a holiday and they are getting a boost his European and Japanese central bankers renew their commitment to continued support of policies.
In Asia markets and they -- with Japan Hong Kong and Shanghai rising more than 1%.
In Europe banks posted some big gains there helping markets.
We've got London up almost 104 Paris is up 53 almost 54 there Frankfurt's up almost 87 here in the US.
We've also been looking green arrows all morning Dow futures are up 10 -- SPs have eleven and a half the nasdaq's up almost 47.
Shares of Tiffany are also -- in premarket trading after the luxury jewelry retailer reported better than expected results for its first quarter.
Tiffany says it made an adjusted profit of seventy cents a share.
Easily topping the estimate by eighteen cents revenue climbed 9% from last year to 895 point five million dollars.
Also topping expectations.
Thanks in part to promotions marking Tiffany's 175.
And the -- -- Great -- same store sales beat the estimate up 3%.
Costco Wholesale will be the biggest name reporting on this relatively light week for earnings tomorrow.
We'll hear from shoe companies DSW -- brown -- along with the retailer Chico's FAS and luxury watch maker move up -- Nevada hope.
In addition to cost -- results on Thursday lost to get earnings in from mining equipment company Joy Global Krispy Kreme Doughnuts and Lionsgate entertainment.
We also have some deal news to tell you about -- and pharmaceuticals international.
Is buying Bausch and -- holdings for eight point seven billion dollars the Canadian based generic drugmaker said about four and a half billion dollars of the purchase price.
We'll go to investor group led by Warburg Pincus the group took the global eye care company private in 2007.
Following a leveraged buyout.
-- and set its existing -- care businesses will be integrated into the Bausch and -- division it expects that deal to close in the third quarter.
Yahoo! is reportedly looking to -- the premium video site Hulu.
According to all things digital Yahoo! is -- between 600.
At 800 million dollars for the site depending on things like the length of the licensing rights for content and how much control.
The company selling -- News Corp.
Disney and Comcast will have over their media.
KKR and silver lake partners as well as Time Warner Cable and direct TV.
Along with having a stake in Hulu News Corp.
is also the parent company.
Of all things digital and the Fox Business Network.
AstraZeneca is buying -- -- pharmaceuticals for up to 443.
Shares of the New Jersey based drug company are soaring more than 90%.
In the premarket the deal works out to twelve dollars seventy cents a share an 88% premium to the -- closing price on Friday in addition.
AstraZeneca will pay up to 470 per share based on and there is future performance.
The deal expand -- to -- is cardiovascular drug business which the company has previously identified as a priority.
Fox Business has learned that the embattled hedge fund SEC capital is -- -- plans to close down.
Our Charlie Gasparino reports SEC plans to convert itself.
Into so called family office rule only manage the multibillion dollar -- of founder Steven Cohen.
The twenty year old hedge fund.
Has been the focus seven intensifying federal insider trading investigation.
Gasparino says many large investors including private equity firm Blackstone Group.
Are moving toward pulling money out of SEC at the fund's next redemption date next month.
-- CC has declined to comment that the fund employs 1000 people so closing it.
Would result in quite a few -- Here's a look at commodities now awash in oil in goals this morning -- of more than a dollar -- -- -- 95 dollars a barrel gold has done little more than eight bucks.
At thirteen 79 announce Imus in the morning continues right now with Dana McDowell -- dating thing.
Filter by section