Always there, lloyd smareker. Thank you, lloyd, great job. [applause] gt thompson, we have them all today, huh, gt . We have them all. [applause] the great john joyce. John, thank you. Great job. Thank you, john. [applause] dan muser, thank you, dan, thank you. [applause] that looks like cary grant, doesnt he . Have you ever been told that . That is not a bad compliment, i must say. Today we have tom arnold, those days you had a little different. Those days errol flynn and cary grant. Somebody that fights like you never seen before, fred keller. [applause] great. Doing a great job. Thank you all. These are fantastic people. And david, wheres david . Is he there . Wheres david . What happened to him . We wont mention his name. He is in the back. Pretend that i didnt say it. When i last spoke at this conference in 2016, American American energy under Relentless Assault from the previous administration. You know that as well. More than a third of the coal mining jobs had vanished. A morat
League baseball. The world series coming down to game 7 had to be. Were going to talk to christopher maddog arusso about the finale power lunch starts right now if all that laid doubt was not enough, will the fed stop this incredible market rally or keep the easy money flowing. It is flowing now. A new month, mostly same trend the dow hitting record high. See the nasdaq turn low earlier. It was up. Some of your individual movers today, estee lauder about 10 . Company did cut its forecast and garmin up about 5 investors taking a big bite out of papa johns pizza that stock down 10 after lowering its guidance. Papa johns saying the nfl and its leadership hurt the company by not resolving the protest taking place people watching the game and people ordering pizza. President trump speaking a short while ago as he gets ready for his big overseas trip to asia. Tax reform and the next fed chief is among his topics. Thats right. This came in a Cabinet Meeting the president held today we believe
Of the heart and bonnie tyler belts out her classic total eclipse of the heart to lucky fans chasing the eclipse, as it sweeps over the us. Good morning. Its tuesday 22nd august. Welcome to bbc newsroom live. President trump says the us will fight to win in afghanistan, as he unveils a new strategy in the war against the taliban. In a major speech last night he said that he had changed his mind about withdrawing troops from the country. He also called on nato allies to do more. Our washington correspondent Aleem Maqbool reports. The man who always said he didnt want to intervene abroad came to announce the intervention in afghanistan is going to ratchet up. But said it was for the right reasons. We are a partner and a friend, but we will not dictate to the Afghan People how to live, or how to govern their own complex society. We are not nation building again. We are killing terrorists. He announced the lifting of a cap on the number of us troops in afghanistan, and that there would be
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 latest on the lochte controversy. First up, walmart poised to open at a 52week high after reporting Second Quarter operating profit of 1. 7, nickel above, revenue above consensus. U. S. Comps positive for a eighth straight quarter up 1. 6 and raising their full year guidance. Traffic was up and i believe its best in eight quarters traffic, comps up 1. 6. Best in eight. Some of these initiatives are starting to bear some fruit. I was going to add the ecommerce sales to that because that was a bright
The nasdaq jumped 1. 14 , its worth remembering that companies can and do change their stripes. Actually improving the business all of the time. Sometimes the moves are revolutionary and sometimes theyre evolutionary. Today, we heard from a cavalcade of companies and the results are remarkably positive and they made you a ton of money. Why dont we start with the most obvious one, Green Mountain coffee roasters. Which after today should rename itself Green Mountain coke refrigerator. Thats because last night cocacola bought a 10 stake in the company and are going to partner with them to develop a cold soda maker, a keurig, yep, for soda. Until last night Green Mountain had clearly peaked with slowing numbers. And the two high valuation. But bryan kehly, Green Mountains chronically underestimated ceo saw the weaknesses and thought big, partnering with coke to have a disruptive machine from the looks and the sound of it will be much easier to year and therefore better than soda stream. Pl