Page 30 - Capital Allocation News Today

Hitting the stock, costcutting, threat of dividend being cut. We have everything you need to go going into the report plus full coverage and also of the Conference Call, we will bring you that as soon as it hits the tape. Coming up, plus broader markets this morning looked like this, futures indicating another rally higher after last nights budget vote, this market will not quit, up 100 points at the open is what we are expecting this morning. In europe gains across the board as well. Take a loo...

More on that in a moment. But we begin tonight with a company that is an american icon, albeit today a tarnished one, General Electric. Today the company missed earnings forecasts by a lot, a stark reminder of the work that lays ahead for the new ceo. He summed up the quarter by sayi, our results are unacceptable, to say the least. Early today, wall street agreed. But after falling sharply, the stock made an about face, an abrupt one, embarking on its biggest comeback since 2009 and finishing up...

Since may. As we said, big beats from cat, 3m and utx zpl global same sales closing 6 for mcdonalds. And pipeline concerns before the ten orders again shipments may only be half of what was expected. Stocks are poised for a strong open help the by results dow components and caterpillar and others, a significant increase in demand for Construction Equipment, 3m and utx beat on the top and bottom line and upbeat guidance for the full year those are going to be the stars today. Some of pretty amazi...

Today. Alix a really exciting couple of hours lined up. The theme is Capital Markets. They will be talking about mifid, regulation, tax reform. To help highlight that, i will be joined by david solomon, coceo of Goldman Sachs. Jonathan i want to know who at goldman wants to move from london to frankfurt. Alix nobody. Jonathan nobody i have spoken to. Alix i am asking him that. That is my last question. Jonathan lets get up to speed on the markets. Futures are firmer as we end the winning streak ...

Incredible slide for these shares which are down 50 this year. Thats going to take a very long time, a lot longer than people thought this is a broken growth story for sure they do 80 of their business in north america. Thats where the challenges are. Thats not actually surprising nike has had problems with north america. Everybody is having problems with north america, but youve got to the find companies that can have offsets nike does, so under armour, not only do they have north america expos...

Pretty amazing considering everything we got going on, not a lot happening for the major averages. Mixed trading action, similar to yesterday. The nasdaq off of its lows. If it finishes down today, it will be the first today slide in the week. Two day slide in a week. Lets take a look at the big earnings movers and the reason why the nasdaq is down a bit more than the s p 500. We are looking at tesla, facebook and semantic symantic. Tesla down sharply, down 5 on the model three update. Elon musk...

Road map begins with a meg amerger in the works, qualcomm considering but re, a deal with broadcom, plus softbank in the failed talks to get together with tmobile, betting the Wireless Network will prove critical to support future growth and ill have more on their future plans. 11 royals arrested as the crown prince moves to consolidate power. The news of the morning that was broadcom confirming the unsolicited byover bid for qualcomm they acknowledge receiving the offer and david has been all o...

Cspan. Org. We will show you as much it as we can right now. Thank you very much. Later on this morning congressman Brian Higgins from buffalo, new york, is going to be offering an amendment that i think is going to test the theory that has been put forward by the head of the president s counsel of economic advisers who has promised that if their tax proposal passes as is, which as you can see today based upon the commentary of the republican leadership, it is likely to be changed from the time ...

This is 30 minutes. [inaudible conversations] thanks very much later this morning will offer an amendment to test the theory that has been put forward by than head of the president s council of economic advisers promising their tax proposal passes based on the commentary of the Republican Leadership and that is likely to be changed from the time and lose out of this committee. The congressmen will offer the following amendment that will be scrutinized by the department of commerce or census bure...

Just leave it this way. Alright. David i dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . After 16 years as the ceo of ge, you have stepped down. Is a big burden off your shoulders now . Jeffrey i do think if you are doing the job well, you feel ownership and you wear that 24 h...