Ken Hicks News Today

Our road map begins with macys down double digits on the earnings miss. Shares of kohls taking a hit. Shares of snap also plunging more than 20 after its first public Earnings Report. Didnt go too well. But well dig in on the quarter. Fireworks expected on capitol hill later this morning. Acting fbi director Andrew Mccabe will take the stand in place of james comey. But first, comps are below consensus, down 4. 6 on the owned plus licensed basis. Macys says it expects the sales decline for the f...

Of the month. That being about 80. We are moving higher. You see this morning. Our road map starts with what you might expect. These markets are surging overnight on central bank action. China unexpectedly cutting Interest Rates. Mario draghi promises more aggressive stimulus in europe. It is a big morning for dan loeb. Dow chemical and third point reached an agreement. Management changes at hertz and sothebys which loeb is on the board of also expecting to change their ceo soon. On the earnings...

Yesterday as many people said the decks are so hot that their shoes were melting beneath their feet. Five people have died and many were injured among the 478 passengers and crew. Among the other stories we are watching today, sony says the Playstation Network is back online although it is still having problems. Playstation has been dealing with three days of disruptions that began on christmas and a group of hackers calling themselves the lizard squad is claiming credit. Speaking of sony its co...

We have a team of people at headquarters helping us out. 18,005. 81. Dow back to 16,000, thanks to that jobs report this morning. That sent the stock market soaring, 205,000 jobs netnet created and Interest Rate goes back to fiveyear low at 7 . Well talk about all of that coming up. Well get reaction to all of this from the chief Financial Officer of deloit, frank friedman. Hell give us a view on the ground of whats really happening and when the fed will ease up on the gas plgdz and what it mean...

My take is dont get too excited. Why . Because we just found out why weve been going up. Weve been going up, s p, people trying to figure out why. You have good employment. You have workforce growth and the hours not that great because of the weather, but i think you say to yourself, well, why is the s p going up every day . Oh, employment has gotten better and thats a major switch would it shock me if the market takes some profits in this . No, because its been going up on anticipation of somet...

Next year. All that and more tonight on nignightly Business Report fo friday, december 6th. Good evening everyone. It looks like good news for the economy is finally good news for wall street. Stocks rose sharply because of a super strong jobs report. American businesses added 2,300 jobs in november, much more than expected, and the nations Unemployment Rate fell to 7 even, thats a fiveyear low. The rally was broad base with all ten sectors of the s p 500 index on the plus side. Todays gains com...

Friday, december 6th. Good evening everyone. It looks like good news for the economy is finally good news for wall street. Stocks rose sharply because of a super strong jobs report. American businesses added 2,300 jobs in november, much more than expected, and the nations Unemployment Rate fell to 7 even, thats a fiveyear low. The rally was broad base with all ten sectors of the s p 500 index on the plus side. Todays gains come after five straight losing sessions on fears that a stronger economy...

Good evening everyone. It looks like good news for the economy is finally good news for wall street. Stocks rose sharply because of a super strong jobs report. American businesses added 2,300 jobs in november, much more than expected, and the nations Unemployment Rate fell to 7 even, thats a fiveyear low. The rally was broad base with all ten sectors of the s p 500 index on the plus side. Todays gains come after five straight losing sessions on fears that a stronger economy would be the cat list...

Plan today to hire every single veteran who wants a job. In florida a fearless fisherman wanted to catch that tarpin by hand. All that did you ever talk to your family, father . Yeah we were in touch during the time. They said keep up the good work . What did they say . And all that matter. This new desire on your part not to negotiate, no one is talking to each other how to resolve this. A company developed a vending machine that sells marijuana. [ cheers and applause ] in a related story the r...

Industrial output numbers that rose a stronger than expected 9. 7 . Retail sales were in line with forecasts. Economists say the china Inflation Numbers are a bit of a concern. Consumer prices unchanged. Producer prices fell by 2. 3 . As for the rest of the markets in asia, the nikkei fell 6 for the week. Wow. Early trading in europe this morning wow. Those numbers add up over the course of the week. Saw big declines, like 3 in places. Dont rub it in, please. You know thats my prediction. Japan ...