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FBC Varney Company June 22, 2024

And el chapo, his wife delivered his child in america, thats called an anchor baby and speculations are running wild about the help he must have had to get out of a maximum security prison. There are no summer doldrums. Facebook, netflix their stock is powering healed. Here comes donald trump. Varney company is about to begin. I am confident that this deal will meet the National Security interests of the United States and our allies. So i will veto any legislation that prevents the successful im...
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CNBC Power Lunch June 22, 2024

A new plan to revamp them expected to be announced this week by president ial candidate Hillary Clinton. Cnbc chief washington correspondent john harwood is in d. C. Now with details. Reporter mandy, Hillary Clintons beginning to lay out all of the components of her Economic Program to try to relink middle class incomes with the profits of Corporate America. Last week she talked about a plan to link employee tax policy or employer tax policy toward Profit Sharing with employers. Now shes trying ...
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BLOOMBERG Countdown June 22, 2024

Anna welcome to countdown. Ryan we will be talking to the ceo of this swiss drugmaker later in the day. Just missing sales the estimate on sales coming in at just over one billion swiss francs. The expectation from analysts was 1. 3 billion. Anna the swiss drugs giant considering reporting what they call a good Second Quarter. That number is for the Second Quarter and that is actually 12. 69 billion compared to 12. 7 2 billion that was the forecast. A touch shy or broadly in line with analyst es...
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BLOOMBERG The Pulse June 22, 2024

Manus welcome to i am manus cranny. Welcome to the pulse. I am manus cranny. The story of day from the asia. The president of toshiba along with two other executives, their resignation and their formal News Conference and this was a 1. 2 billion scandal restating their earnings over the past six years, unrealistic led to what is a systemic flawed accounting process, challenging the culture within japan. Probably one of the single most important issues that will be addressed here which is so much...
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BLOOMBERG Bloomberg Surveillance June 22, 2024

Vonnie the bloomberg Commodity Index is lower than it was during the hanging meltdown. New york oil is hovering around the 50 per barrel mark which is the lowest its been since april with speculation the Global Oil Glut is not going away. The greek exit from the euro may be back on the table next year. Almost 0. 75 percent of the euro says they will be out of the euro in 2016. The bailout package should be too small. A newspaper and i will his race for the residential nomination. The Des Moines ...
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CNBC Closing Bell June 22, 2024

Chipotle gopro. Those numbers over the next hours and bringing you them after 4 00. It just doesnt get better than that. Plus time to sell tesla maybe . A bold call from a ubs analyst downgrading that stock to sell today. The man who made that call coming up. It has been five years since the dodd frank financial reform bill signed into law. Barney frank will join us to discuss all the criticism the law has received including from members of his own party. Enjoy having barney on the show. First w...
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CNBC Squawk Box June 22, 2024

Lets get down to business and tell you whats going on this morning. U. S. Equity futures right now. Youre looking at a morning with red arrows. Dow jones would have opened about 46 points down. Nasdaq off 49 points off and s p 500 off about 6 points. But as you would say joe so goes apple so goes the dow. And the nasdaq which has been doing better recently and then yesterday anyone cares to be watching says the dow is getting crushed down 200. If you added it up it was like 140 at one point duri...
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CNBC Power Lunch June 22, 2024

And less cash in home buying and lender underwriting. Weve talked a lot about some loosening in the market. More adjustable rate loans and even interestonly loans coming back. Freddie mac made some changes when it comes to student low debt as well. That should give branks and nonbank lenders a boost in earnings for the year. We actually have more housing data out today. Mortgage makeses edging up ever so slightly 0. 1 last week but existing home sales, thats where i really want to focus in on be...
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KQED Nightly Business Report June 22, 2024

Bellwether companies of the new economy. The tech sector makes up 20 of the s p 500 by the way, tonight both companies, which you likely own through your mutual funds and 401 k s, they failed to wow investors. First, apple. The worlds most valuable company, reported earnings of 1. 85 a share. Revenue was slightly better at 49. 6 billion. Whats the problem . Despite selling more than 47 million iphones in the quarter, yeah you heard me right, it was the companys weak outlook that sent shares init...
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KQED Nightly Business Report June 22, 2024

Bellwether companies of the new economy. The tech sector makes up 20 of the s p 500 by the way, tonight both companies, which you likely own through your mutual funds and 401 k s, they failed to wow investors. First, apple. The worlds most valuable company, reported earnings of 1. 85 a share. Revenue was slightly better at 49. 6 billion. Whats the problem . Despite selling more than 47 million iphones in the quarter, yeah you heard me right, it was the companys weak outlook that sent shares init...
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