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June 21, 2024
That now. He wasnt famous. No one knew him. But this is a great song. I hear it once and i like it already. Ive heard this a thousand times. Where . I dont listen to that. I like it. Anyway well hear more about larrys call on ceos to focus on longterm value in a moment. Also its a moment of news makers on the set. Well be joined by Steve Schwarzman and jack and suzy welch will be stopping by. Lets get you up to speed on the markets. Yesterday the markets did end higher. Dow up by 75 points. Thin...
June 21, 2024
Keep repeating it on days like today when the dow tumbles 133 points. The s p plummeted 1. 18 . After two day rest but this market is back in selling pergatory because a couple of things are happening. That doesnt stop them from taking action though. The first thing thats moving too fast is oil. It has lots of people panicking. Three months ago our single biggest worry was the pending collapse of oil and all that goes with it. Remember when we thought there would be Bank Failures because of plun...
June 20, 2024
Futures meantime okay. 10year yields not moving a whole lot and may not until we get the fed statement tomorrow. Our road map begins with apple, profit and revenue did beat the street last night but margins are below expectations. Sears has considered breaking off its lands end and sears auto businesses. Facebook looking for the social marketing revolution. And nbc reporting the Obama Administration knew millions would not be able to keep their Health Insurance under the new Affordable Care act....
June 20, 2024
What weve been trying to do is to continually raise the cost of russia for their actions while still leaving the possibility of them moving in a different direction and we will continue to keep some arrows in our quiver in the even that we see further deterioration of the situation over the next several days or weeks. And putin says that the current sanction could backfire master card and visa. Theyve lost some transactions because of sanctions on russias banks and individuals. Visa posed a fisc...
June 20, 2024
Driverless cars are hitting the highway. Audisgoing to check out autonomous a7 that is paving the way for driving handsfree. And, lufthansa shares slide on weak results. We are live with the carriers cfo earlier eight are in the program. In the meantime, lets get straight into our top company story. Adidas shares are under pressure. The company slashing its profit forecast. This among other things, russian unrest. Lets find out what is going on. Hans nichols is in berlin with the details. Good m...
June 20, 2024
Despite the fact that this will be a very republican year, were going to see a very few more weird things. Betweenis the corollary cancer on this . He is a longterm legislative leader who represents the congress. He has the advantage of states. Ng this in the it is a reminder. He has his own anchor that he has to deal with. This is a reminder of how an opponent could crystallize that kind of perception and wrap it around one particular person. We spent a lot of time talking about certain ghosts ...
June 20, 2024
Begin. Stuart first of the box democrats distancing themselves from president obama in west virginia, Senate Candidate natalie tenant, democrat running this ad that directly attacks the president for his boron coal. Protect our poll jobs running alongside joe mantegna and i will send to leaders of both parties to threaten our way of life. I will make sure president obama gets the message. Stuart right now there is a hearing on capitol hill, the new epa rules that affect coalfired power plants wh...
June 19, 2024
Politics. This weekend both president obama and mitt romney are preparing for mondays third and final debate, with some contentious campaigning on friday. The president unleashed a new line of attacks during a rally in virginia saying governor romney has shifted his position on several key issues. Hes changing up so much, and backtracking, and sidestepping. Weve got a weve got a weve got to name this condition that hes going through. I think i think its called romnesia. Got the laugh. Well mitt ...
June 19, 2024
Trailers are involved and they have to drain the fuel out of both of them. So its going to take a while. Lets take a live look outside. First of all, on our mdot camera inner loop of the beltway you can just see the flashing lights here, i think they were trying to see if they can get a closeup shot of it. All you can do is see the flashing lights which is just telling you that theyre there on the scene and no one is getting by on the inner loop before route 355. Lets see if we can take a look a...
June 19, 2024
Thats a thing of great beauty after the volatility that we had last week. Takes the gains for the year to 6 . Joining us now for the exchange, ralph siegel and jim carr and Jennifer Vail also with us, and our very own rick santelli. Ralph, let me kick off with you. This is a very, very strong week. It indeed has been. The market seem to be focused on fundamentals. Earnings better than we might have expected. And its rejecting accordingly. Yeah. To that minority, 3m in the wake of the earnings up...