THE WORLD'S HOT NEWS ON FEB. 27th 2015.
February 27, 2015
| Ahead of this last trading day of February, the Nasdaq stands about 12-points away from hitting the 5,000 mark, a level not breached since the dot-com bubble peak in March 2000. |
| The Dow and S&P 500 have had their best one-month percentage gainssince October 2011, while the Nasdaq posted its highest monthly percentage increase since January 2012. |
| The second reading on fourth-quarter gross domestic product is out at 8:30 a.m. ET, with forecasts calling for a 2.1 percent annual growth rate, a bit lower than the previous estimate. (CNBC) |
| Whether U.S. crude can avoid its eighth straight monthly drop comes down to today's trading. And prices were off to a strong start early this morning. The number to watch is $48.24 per barrel. (Reuters) |
| Billionaire oil titan Harold Hamm, founder of Continental Resources (CLR), joins CNBC's "Squawk Box" at 7:30 a.m. ET with his views on whether the worst may be over for crude. |
| Apple (AAPL) plans to hold a March 9 event, amid speculation the launch of the Apple Watch was near. The invitation said simply "Spring forward," in reference to daylight saving time. (CNBC) |
| T-Mobile US (TMUS) cut its margin target, citing rapid growth in the number of customers. CEO John Legere also told a Deutsche Telekom conference thatteaming up with satellite TV provider Dish (DISH) would make sense for T-Mobile. |
| TiVo (TIVO) is buying assets from bankrupt TV-streaming company Aereo, with patent company RPX (RPXC) and Alliance Technology also participating. The sale brought in less than $2 billion. (Re/code) |
| Internet service providers should not fret about losing business afterThursday's net neutrality vote, former FCC Chairman Reed Hunt told CNBC. Litigation seems certain to be the next step in this decade-long fight. |
| UnitedHealth (UNH) is imposing tighter controls on hysterectomy coverageafter debate over a medical device that was found to spread cancer in some women undergoing the procedure. (WSJ) |
| The Senate appears ready to pass a homeland security funding bill before the midnight deadline, without House-approved provisions aimed at derailing President Barack Obama's immigration programs. (USA Today) |
| Americans no longer see China as public enemy No. 1, with Russia now cited as the top adversary and North Korea in the second spot, according to a new poll. (CNBC) |
| Yet another Arctic blast was descending on two-thirds of the country today, with meteorologists predicting everywhere east of the Rockies except for Florida would be 10 to 30 degrees below average. (NBC News) |
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