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June 25, 2024
Passes the 50 mark. Earnings, earnings, earnings. Cisco shares down sitely despite beating despite beating the street. Company plans to lay off 7 of the work force. Well talk to Chuck Robbins. Walmart shares up after beating the streets estimates and boosting its outlook. Whats ahead for the company now that jet. Com is going to be in the mix. And a strange story coming out of brazil as two olympic swimmers are pulled off a plane while drive trying to leave that country. Live to rio for the late...
June 25, 2024
Panel. Pete najarian to you first. Down over the past year. Worst performer of large banks. Kbw indention down ten. Whats the problem . Everybody puts banks in the same pocket right now together, and i think when you look at Morgan Stanley, goldman sachs, theyre separate and particularly Morgan Stanley. Focus and emphasis put on Wealth Management and thats what i think value act is lookingality now, where the focus should be. Give you a small example. How many quarters in a row did we hear when ...
June 25, 2024
Building. All of this a couple of weeks away from jackson hole. The conversations are really going to build up ahead of that speech for the fed charean net yellen. If she mentions that, were going to have the same kind of move. David theres more of a raise than people think. Alix the debate continues and were going to chris just from energy to opportunity to real estate from sam zell. Plus were going to speak to the c. E. O. Of the biggest Mining Company of the world, andrew mckenzy. There were ...
June 25, 2024
With news of the viacom settlement. Europe is in the red. To the tune of about half a percent. Oil stud stedsy but on track for the strongest weekly gain in four months. Our road map an end to the saga at viacom. Fell leap du monde stepping down. Faber will join us with the details of what the company may look like. The stock market and election. Why equities may be the tail wagging the dog of Donald Trumps poll numbers. The latest from rio as it appears the ryan lochte story enters the final ch...
June 25, 2024
To a 100 chance they dont raise rates on wednesday. Were going to dig in. Either way, among the biggest winners of the s p 500 right now, michael kors and general motors. Well get more on gm later on in the show. Welcome to power lunch. Im tyler imagimathisen. Here is what is happening on this busy news day. Were awaiting a News Conference from the new York City Police commissioner. New york city mayor. And the u. S. Attorney for the Southern District of new york. Following this weekends bombing...
June 25, 2024
With toni collins in new york. With tom keene. In new york. Tom i agree with you totally. How alone is mr. Ewinger in strasburg . Francine he struck a very different tone to the past years. This was a ewinger that was very reflective. He thinks the European Union is frail and the 28member countries, 27, if you leave out the u. K. , are pretty weak at the moment. Heres sebastian in london. Good morning. Breaking news, a new Bloomberg Politics show shows trump leads clinton 48 43 in a twoway race....
June 24, 2024
From their homes. Day,l news, 24 hours a hourbyhour 2400 journalists in more than 150 news bureaus around the world. Emily im emily chang and this is bloomberg west. Exploring aandora sale. We will discuss potential buyers of the radio streaming service. Plus, cisco up 10 . I will speak with Ceo Chuck Robbins about what is working for the company. And twitters shares take another letdown. Can the company pull its stock out of the gutter, despite no new users in the latest quarter . I will speak ...
June 24, 2024
The nikkei 225 was also sharply down. Tanker tracker oil movement says low prices will not rise this month. Gold has an explosive start to 2016. The highest gold prices in years. Heading for its biggest weekly gain in more than four years. Fear is in control. Those of the headlines from bloomberg news. Hong kong currently closed for lunch but here is how it was trading. Down. All this ahead of china resuming trade after a weeklong holiday. Some losses in korea. We will discuss potential buyers o...
June 24, 2024
This is a company prone to cycles when they have the new phone coming out. Thats when the stock tends to do well. When theyre on the backside of that or theyre into an s model it hasnt done as well. The key here for shorter term traders is 93. That is a level that the stock has bounced off of. Six times in the last couple of weeks and thats where the buyers come in. If they dont the name could be in trouble shortterm. I found you find no compelling reason to own this stock. No compelling to own ...
June 24, 2024
Productivity is dead in the water. Dont be moving around in the markets. Bit e we talk order talk auto business at the motor show. All coming up on bloomberg best. Francine hello, i am francine lacqua. Best abloomberg weekly review of the most important Business Analysis from Bloomberg Television around the world. But stick on lets take a day by day look. This is a bold policy step from the bank of china. The big story is the Chinese Central Bank is cutting the reserve requirement, reducing the ...