The Art of the Deal
Airtime: Fri. Aug. 20 2010 | 7:16 AM ET
A legendary investor weighs in on a new deal, with Wayne Huizenga, Huizenga Holdings chairman/president.
Airtime: Fri. Aug. 20 2010 | 7:16 AM ET
A legendary investor weighs in on a new deal, with Wayne Huizenga, Huizenga Holdings chairman/president.
There is a possibility that Japan’s Ministry of Finance may decide to impose negative interest rates on the yen, says Enzio von Pfeil, CEO at Economic Time Bond Fund. He also discusses the health of the U.S. economy with CNBC’s Bernard Lo and Adam Bakhtiar, warning that the overall picture is not pretty.
Axel Weber, president of Deutsche Bundesbank, told CNBC that the Greek bailout will be implemented soon as he dismissed the idea that the euro zone is at risk of falling apart.
Shares of Apple hit a lifetime high after quarterly results showed consumers continued to snap up millions of iPods and iPhones. Conway Gittens reports.
Buffett on Currencies, Market Lessons & More.
US tech bellwether Intel reported a near quadrupling of profit in the first quarter. It also raised its full-year margins outlook. “We’re delighted with the performance, to see a record Q1 on the back of a tough 2009,” Graham Palmer, UK MD at Intel, said Wednesday. “From a European perspective, we exceeded our expectations.”
The euro is “ludicrously” for many of the struggling European countries such as Greece, but it is even too high for Germany, which is a competitive country, Roger Nightingale from Pointon York told CNBC Monday. Nightingale considers the future of the monetary union.