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June 23, 2024
Earnings season. Alcoa the First Company out of the gate with mixed results. Specifics in just a minute. But the broader moment set up here perhaps more nerve racking to markets. Thompson reuters predicting the s p 500 profits will contract 4. 4 in the Fourth Quarter. That would mark the Second Straight Quarter of negative Earnings Growth and the fourth straight time Profit Growth declines from the prior period. Ill be watching for any sign of Revenue Growth which is also set to contract this se...
June 21, 2024
In europe, a bloodbath. Major indexes down more than 1 , the dax off almost 2 europesu get economy going again . Mario draghi and the finance minister different answers. Draghi spoke. Wolfgang schaeuble urged governments to keep up budgetary discipline. Cap up the drumbeat on the necessity for budgetary reforms. I do not sounding argument compelling. Microsoft Ceo Satya Nadella ts a do over on a question about women asking for wages. Womena was asked what should do when they feel uncomfortable a...
June 21, 2024
We dont know if this is politically motivated. There are some indications that it could be. Threatgovernment cited a posed by the Islamic State and raise the terror rating. A sweeping victory in japan gives the Prime Minister a mandate for his reform package. It forced leader of the opposition to resign. Thirdsnt more than two of the seats in japans parliament. Obama congress is getting a green light for stricter sanctions on russia. It allows them to send russian weapons to ukraine. It is the l...
June 21, 2024
On a hostage situation in a sydney cafe entering its 10th hour. Is in sydney. What is the latest . Unfortunately, we havent had much of an update in the last couple of hours. It has been three hours since we saw two of those hostages escape , or at least were released. They looked terrified as they ran through the doors of the lindt cafe in sydney. About an hour before that, there had been three men that escaped. An update into get about 15 minutes from the New South Wales premier, and the Polic...
June 21, 2024
A major trade deal. We will have a list of the stocks that stand to benefit from what could be a trilliondollar deal. Getting our heroes back to work. We are going to spot light how one wall street firm is taking our vets from the battlefield and putting them on the Trading Floor with great success, a story you really dont want to miss. Lets check in with sue at the nyse. We do begin with alibaba and the Biggest Online shopping day in the whole entire world. How big was it . It is singles day. T...
June 21, 2024
She is the bestselling author at the netbook on the Global Economy and Financial System is going to be published later this year. Please join me in welcoming our host. [applause] good morning. Thank you for that very kind welcome and welcome to the first session of this years conference called the return to volatility. I think the subtitle of that could be yikes, what is going to happen next . The role has been thrown at ordinary decade. First we had a gigantic credit bubble and then an even mor...
June 20, 2024
Hire in a big way. Machine orders blowing past expectations after a fiveyear high. And a shakeup in why look, Marissa Mayer out a little after a year after taking her from google. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Warm welcome to thursdays edition of Worldwide Exchange. I wouldnt mind walking away with 60 million. A 60 million pay package. Does that include bonus, as well. No, i dont think it is. But anyway you could be punished for that. That w...
June 20, 2024
Choice. I want to read this statement. During my own recollection, she says, i made a difficult decision than our coo should leave the company. I appreciate his contributions and wish him the best in his future endeavors. And makes you wonder what happened. She did know what she was getting. Today have to do with the personalities . Does that have to do with the numbers . The numbers do not help the situation. The ad revenue has been down yearoveryear. The share is down to five percent this year...
June 20, 2024
That apollo group will buy chuck j. Just. And then with citigroup, now sayingite going to replace all customer debit cards involved in data breaches at target. The New York Times reports that the bank did not place the cards sooner because it warchblted to minimize disruptions during the Holiday Season. Yeah. United health is is tha jacket on . I think it might be at this point. Revenue, 3311. 2 billion. I dont have the right number to compare that to. Net margin, 4. 6 . Watch pretty closely now...
June 20, 2024
Ecbs unlimited bondbuying program. And the olympic flame arrived in sochi ahead of tonights ceremony. Many leaders will not be turning up at the 2014 olympics. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. The olympics get its amazing to think the olympics are under way. It seems to far in the future. Yeah. And yanick node is with us. Come in, come in. What did you say . Im going there next week. Are you . Yes. Fantastic. Are you competing . No, n...