David Faber (@davidfaber) 's Twitter Profile
David Faber

@davidfaber

Yes, I've been doing this a long time. No, I don't dye my hair.

ID: 140912249

linkhttp://thefaberreport.cnbc.com calendar_today06-05-2010 17:48:59

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Watch CNBC's full interview with Liberty Media's John Malone on interest rates and industry outlook cnb.cx/40zpJTJ My complete interview with John Malone. If you’ve got one hour and eleven minutes to spare it’s worth your time.

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Couple of thoughts on WSJ report that $CI and $HUM are in talks about a combination. Two large $CI holders tell me they would vote against any CI purchase of HUM given disparities in multiple (CI at 10x, HUM at 16X) and resulting dilution. Perhaps "combination" means MOE or even

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Larry Ellison's net worth has increased by over $17b this morning on $ORCL move- more than twice the value of the entire equity check Skydance and RedBird were writing to take control of $PARA

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And it's back! Sources tell me the addition of $200m in payment for NAI and stronger language on indemnification got Shari Redstone to support the Skydance deal for $Para she previously rejected. Now the deal goes back to the board's spec'l com for its approval.

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Smartsheet deal is done. $56.50 a share in cash. Blackstone and Vista Equity the buyers as has been reported. Announcement imminent. $SMAR

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LVMH sales not good led by 5% decline in Fashion & Leather and 7% sales decline at Wines & Spirits. Overall organic revenue down 3%. Second big miss today for large European company after ASML missed. Conf. call on-going.

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FTC scores a big win as judge grants preliminary injunction to stop Tapestry's purchase of Capri.Court finds that "accessible-luxury handbags are distinct from mass market and true luxury."

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John Malone on AI, Starlink, business simplification and the changing media landscape cnb.cx/4hRyFMO Annual Malone interview.

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"The disruptor is us." $T has unveiled a new strategic plan - focused on 5G and fiber subscriber growth, aiming to reach over 50 million toal locations with fiber by 2029. CEO John Stankey joins David Faber to discuss. Listen here: cnbc.com/video/2024/12/…

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Today I am reminded of this quote from James Carville - "I used to think that if there was reincarnation, I wanted to come back as the President or the Pope or a .400 baseball hitter. But now I would like to come back as the bond market. You can intimidate everybody."

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Nippon Steel, after a lengthy political battle, gets the approval to acquire U.S. Steel for $55 a share and a lot more in promised investment.

Nippon Steel, after a lengthy political battle, gets the approval to acquire U.S. Steel for $55 a share and a lot more in promised investment.