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June 21, 2024
It is a complex answer. Let me try to explain. 5g is more than just another network. It is an even nation an evolution of 4g into a network that is much more responsive, much faster, built for machine type communication. In ericsson, we talk about a Network Society. And the Network Society is a society where everything that can benefit from having a connection will actually have one. We put a Vision Forward in 2009 in barcelona in the trade show going on there of the 50 billion connected devices...
June 21, 2024
Is that a fair statement . Absolutely. We are not the Consumer Product at all. But being here at the consumer electronic show in las vegas you can see how Relevant Networks which we are doing, is becomes important to every Consumer Product that wants to be connect connected. For a while people owned ericsson phones. But do you manufacture phones . No we dont. It is more businesstobusiness . What we do is we are the Global Leader for infrastructure for networks and provide infrastructure and Tele...
June 21, 2024
Different outcome in expecting a different outcome insanity. I believe our system is broken to the extent that its a moral imperative for congress at this point to step up and act. Our students, our parents, our teachers should not have to settle for a failing system. Before congress i worked in the private sector and also had an opportunity to speak excuse me, to work in state government, including the opportunity to serve as the majority leader of the michigan senate. At that time i saw firsth...
June 21, 2024
Near record 10 Million Barrels a day. Of the 50 or so oil related stocks that i follow only about ten, 20 are up over the past month. All down more than 20 . Goodrich petroleum down more than 40 . One group that has been completely i think ignored, the offshore drillers. Theyre down worse, when youve got the hercules offshore. You cant even mention it now. All difficult. Ensco, a very modern rig system. The number of rigs coming on is shocking. People dont understand its about supply not necessa...
June 21, 2024
After a wave of consolidation we break down the results from two of the key players. Mark will the drama pay . Itv reports. We see if the numbers are as big a hit with investors as Downton Abbey is with global viewers. Welcome to countdown, i am mark barton. Anna i am an edwards. On a edwards anna edwards. Stay with us for the bloomberg exclusive with megaupload founder. Mark the markets moving in asia and stocks under pressure as the global selloff continues. Weve seen 400 billion over the past...
June 21, 2024
The tenyear yield up to 2. 12. Well get ism services in an hour. This is very big day. Well start with disney. Disney shares are rising precip precipitously premarket. Higher revenues at its theme park. Joining us for an exclusive interview the chairman and ceo bob iger. Great to see you. Thanks jim. Good morning. I feel like i have to do a congratulations. I think you are going to hear a lot on your conference call. Marvel franchise, parks and resorts, which were the ones that drove the earning...
June 21, 2024
Still get in and make money on the trend. More questions today about how that florida mailman who was ang gr i withry with d. C. Lawmakers flew a aircraft into some of the most protected airspace in the world . Just how safe is the heart of our federal government . This has opened up a can worms. Well try and get you some answers on those key questions. All of that coming up. Heres where we stand in the markets right now. The final hour of trade on this purse. The dow is up 28 points. Gains of. ...
June 21, 2024
Now there are ways that, that the irs could address this which we have recommended in the past and that included you know earlier reporting of earnings under, the w2 form. So again, the earlier the irs has information on what people are paid the earlier they can address problems that they ultimately find. But this is in conjunction with the request that the Treasury Department as well as recommendations that we have made and the irs has made for what is known as correctable error authority. So f...
June 21, 2024
Cisco beat expectations. John chambers did talk to cramer last night. Jc penney narrowing losses but the news not great for kohls. Shake shack beating expectations with a nice profit. Cisco revenue coming in at 12. 1 billion 5 year offer year. Here is what John Chambers told jim last night on mad money. Our company is the most excessive position ever. We moved from selling boxes to outcomes. Youre digitizing every Company Every country. You change or disrupt or get left behind. Cisco is the lead...
June 21, 2024
And this week on the communicators we talk to members of congress about the legislation they are proposing. First up senator al franken. Senator senator al franken, you hailed a failure of the comcasttime warner merger as a win for consumers. Why . Guest because i firmly believe if comcast were allowed to buy time warner they would have been to go big anticompetitive, led to higher prices for consumers, less choice and if it is even possible they would surface. Host is it because of the size . G...