stocks leslie >> that's right. you may want to hold off on thanking the energy companies for getting us to dow 27,000 overall the sector has been struggling, down 16% in the time between dow 26,000 and dow 27,000 the biggest laggards in the sector, not just including the dow components, include exploration names like apache and sim ma racks and names like halliburton and slum sburger components used in oil and gas drilling each of the names slumdsed more than 40%. >> thank you very much for that. >>> oil has hit a six-week high today, as tropical storm barry barrels towards the gulf of mexico many oil refiners along the gulf have evacuated or shut down production, including chevron and royal dutch shell. >> today's move comes as tensions between britain and iran escalate along the strait of hormuz. bring in global head of commodity managing director at rbc capital markets. the $60 level, wti closing above that, psychologically is that significant? is it significant technically in terms of where we go from here >> i

lesl leslie >> carlyle looking to change its structure to a cooperation they decided to convert to a c corp carlyle did not respond to our request seeking comment. in making this move, carlyle would follow kkr, blackstone, apollo ares, it may mean paying more in taxes but also means more in investors and etfs can own the stocks the conversions were largely triggered by the reduction of the corporate tax rate to 21% from 35% karl ly carlyle is up about 4.2%. >> kkl went first right? >> i think ares predated kkr, but they were neck in neck announcing the decisions so everyone was waiting on carlyle as the sole big hold out making that conversion they said they were seriously considering it now it appears they followed the pack into the c corp. world. >> the share price of blackstone gives them every reason to follow suit. >> they just finalized the conversion on july 1st so it's still new, received a big bump once they announced the move, a $55 billion company now. >> thank you >>> a federal judge has blocked a white house initiative on prescription drug costs. meg has the story. >> th

. >> leslie picker has more at headquarters hi, leslie. >> beat on the top and bottom line helped to drive morgan stanley shares higher today. the results were driven by the wealth management division, now representing about half the net revenue at the firm. beating analyst estimates, showing gains year over year cfocruzen said that helped but could reverse if markets decline. also facing headwinds with that unit in declines year over year and missing analyst estimates. guys >> leslie, thank you so much marc, what's your take on banks earnings as a whole this week? >> you look at morgan stanley, our analyst glenn shore has it clear on this. watch word would be stable but lethargic, right that's the message that's not necessarily a bad thing. declines in key markets, m & a, underwriting other areas the core franchise is absolutely fine they've been controlling costs, doing -- loans are looking up. again there's some good signals in there quite frankly, i think there are franchises that even in -- jp morgan, wls look better. morgan stanley fits into the reasonable and, frankly, positiv

. >>> leslie picker has details on bank of american, bob pisani has the retail banks leslie, let's star with you. >> bank of america shares get a boost today. the bank delivered record first-half profitss. >> and it may by dented by the yield curve, and if the fed funds rate is cut later this year, he cut lower guidance from 3% to 2% can you see when he made those comments, the stock ticked down slightly, but has since recovered, guys. >>> we have a slew of regional banks out with earnings this week bob pisani has more on that group. >> i love regional banks, because you get a read on loan growth i like what i'm seeing u.s. bang comp, we were talking 2%, 2.5% a couple years. >> comerica, pnc also in the 3% rage u.s. bank corps, credit cards, josh was talking about the consumer, up limb 8% these are terrific numbers overall. let's look at the prices of the stocks here, all doing all right. there's no tolerance on missing earnings and no tolerance for poor guidance. >> bob, thank you. for more on all of this, let's bring in scott rand. scott, what is your take on the banks? >> this earnin

. >>> another stock falling today, a bchl ab inbev leslie has the details >> anheuser-busch suspending plans to list its asian unit in hong kong set to raise as much as $9.8 billion. it had been planning to sell a minority stake in budweiser. but they said that they would not be producing due to several factors including prevailing far are ket conditi market conditions. reports surfaced that they were postponing pricing of its ipo the ipo though would have been the largest of the year surpassing even uber's $8 billion deal earlier this year >>> up next, shares of oracle also under pressure after a judge sided against the company in a massive government contract case we'll share the details. >>> and up next, facebook's reportedly facing a $5 billion fine over its cambridge analytica scandal. we'll speak with a "wall street journal" reporter who broke that figure coming up next. >>> welcome back record all-time close highs for the dow, s&p and nasdaq. highs of the session as well >> one of the winners today, facebook ran into the close. ftc reportedly approving a roughly $5 billion settl

leslie picker is at headquarters >> reporter: in the first half of the year 13 women have been ceos of companies making their debuts on u.s. exchanges that represents 15% of the total ipos that may still seem like a fraction of the total deals the proportion of women ceos in 2019 is far higher than any year going back to at least 2014. that's woaccording to new data. so if this trend continues it could have the potential to boost the percentage of women running publicly traded companies across america, guys >> that's interesting because the numbers are still pretty low relative to other developed markets, 3100 or euro stock 600. take quite a few to get the numbers up and big enough poiz to make it into the s&p 500. >> exactly take a lot more time and size to get into some of these indexes as well as few of them have due all class structures but, it is a way of progression for women ceo. historically been very difficult from an entrepreneurial standpoint to receive funding. only about 2.3% of all the venture capital funding that went towards start ups last year went to women run founded