Our road map begins with ge, immelt is set to retire this summer the tech stocks are on track to tumble apple under pressure missolo downgrades apple first up, jeff immelt is resigning as the Ceo John Flannery will take over we have talked about immelt and ges trouble just trying to keep pace with the dow. Really since his tenure began. Its the worst performer in the dow since he came in apple hes down 31 some people can always argue at that moment that he came in it was a high water mark. Others have said, listen, he did cut the dividend, but many who cut the dividend i think thats whats happened when you compare him to a honeywell, when you compare him to david cote, even to greg hayes at united technology, difficult to compare very difficult to compare. Meaning immelt does not meet their standard its empirical. Im not saying listen, i know the guys, i know them pretty well, and they were able to reshuffle the portfolios in ways that generated a much better return honeywell did a muc
We are trying to process these numbers as they come out. It looks like a good story. Allison the first thing we look at is in line with some of these estimates weve gathered. The interest margin is something im looking at. The yield curve is something that everyone has been watching over the past quarter. Pastgan has said in the its more important to them. It down. Merica had it were people paying attention to this . It doesnt like the interest margin is coming in low. David it looks a fair making more loans and making it up on volume. Allison it has to do with the expectations. When you look at the data, it is slowing. It looks like they are talking about 8 loan growth for the year. I think we will hear more about what they see in terms of demand. One of the things jamie dimon has been vocal about his tax reform and how that can help his corporation. Charles, your initial thoughts . Think there is 400 million in reserve recovery. That is . 12 per share. Say 1. 69. I would like to see
Reverend reynolds from baltimore, maryland. Let us bow our heads in humble adoration unto the landlord. Our lord of ancient past, shelters from our storms. We are grateful as we gather together here today under the sovereignty of your grace. Your masterful handiwork has caused us to witness your splendor and magnificent glory once again. We come before you to welcome you to this place, we give you the respect and knowledge you as our creator and provider it is you who are omnipresent everywhere oh, lord. It is you who are open flip tent or powerful oh, lord. You are all knowing lord. As we begin this luncheon, we ask that you would guide our thoughts and our actions so that we may have a successful meeting. Help us to accomplish our goals and aspirations today. While we display your character, because it is you who has made us and not we ourselves, we are the sheep of your pasture. Oh, landlord, we pray that you grant us your divine wisdom as we move forward in a steadfast hope with fa
Manus welcome to bloomberg daybreak europe. Energyue of renewable and writ energy, one of the most valuable companies on the german exchange. That income, 857 million euros. Outlook forhe 2017 the company. They dont see the uks retail during Generating Positive earnings. It is the valuable most valuable utility in germany. Will it become independent . These are the top lines concerning the 2017 outlook for this year. They dont see the u. K. Side of the business to let generating a process on the adjusted basis. Net income, 857 million euros. That is the press report as we close off a heavy week of reporting and the European Equity markets. Lets talk about global markets. This is a game of chicken. Potentiallyng at the situation developing into this generations cuban missile crisis. The president of the United States morning the north koreans that if they follow through with a missile threat, they will face Something Like they never thought possible. What is it going to markets . Have a
Without any trouble. She is furious. They believe there was a substitute or temporary teacher in that day. A spokesman for the day care will not confirm any of these details. They give they condolences. Their condolences not good enough. Its not going to bring my grandson back. We have to bury him. They dont. I dont have no answers. A spokesperson for the day care did give us a statement. They wrote we are shocked and deeply saddened as we grieve the sudden death of one of our children today while eating lunch the child showed difficulty breathing. Our trained staff responded immediately to call 911 and perform the heimlich maneuver and cpr. They went on to give their condolences. Sterling was a big broker. Hed been going to this day care for about investigators tell us the investigation into this incident continues. At the department of labor building. Stephanie ramirez. Just started as a normal day and ended with this horrible tragedy. Sterling was pronounced dead. So far police have