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June 29, 2024
New york oil is hovering around. Nokia is close to a deal to sell to a group of german automakers. Bmw would be the buyers. Stephanie the has been a big shakeup at toshiba over and ask accounting scandal. They will will have to restate earnings for six years. We have the story from hong kong. They announced after the closing bell in japan that they will resign. It is alleged top executives sent set unrealistic profits. A number of other executives will also resign. It you Management Team will be...
June 29, 2024
Versus 1. 80. The average is about 1. 16. On the top or bottom line it was a mess. Obviously the iphone sales were a little bit lower than expected. Emily earnings per share did beat this is not atypical of apple. And other really interesting number is the china sales of 13. 23 billion dollars. There has been so much concern about the China Economy at the Big Stock Market plunge that we saw over the last quarter. Emily what is standing out to you . Julie we have the ensemble of everything, and w...
June 29, 2024
[ screaming ] and thats basically how the dow can mruj 181 points while the s p sits at 7. 3 and the nasdaq declines. 3 . I would say this market is enamored with growth meaning it would pay beyond reason for any company thats scoring much faster than the average name or company in the s p 500. Often, that gets hidden perhaps because of earnings surprises or takeovers. You may not see it that starkly as there could be momentary sparks of yearoveryear growth for just about anything. Sometimes, th...
June 29, 2024
Lets get down to business and tell you whats going on this morning. U. S. Equity futures right now. Youre looking at a morning with red arrows. Dow jones would have opened about 46 points down. Nasdaq off 49 points off and s p 500 off about 6 points. But as you would say joe so goes apple so goes the dow. And the nasdaq which has been doing better recently and then yesterday anyone cares to be watching says the dow is getting crushed down 200. If you added it up it was like 140 at one point duri...
June 29, 2024
The body parts of fetuses, not a word yet from hillary. Varn vrn Varney Company is about to begin. Why dont we start with a victory thats what were going to do. Youre looking at the white house where the American Flag is at half staff. President obama lowered the flag after repeated calls to do so. We the people won that one. To business look at apple, now, this is premarket trading. Its going to fall short stoply and the Company Given a disappointing outlook. Apple did have over 40 million ipho...
June 29, 2024
Striking miners in bolivia demand a Better Future for their children saying their government has forgotten them. Well turkeys government says its Just Launched air strikes against the Islamic State of iraq, four isil positions across the border in syria have been hit. Thats news that has just come in. For the latest on the story, we are joined on the phone on the turkey syria border. Bring us up to speed with whats on. Reporter the air strikes turkish f16 jets. The air strikes were made after a ...
June 29, 2024
Arent holding back over their disdane for the iran nuclear deal. And burundi gets spruced up for president Barack Obamas visit. We begin in turkey. Thats where the government has confirmed it carried out air strikes inside syria. Turkish police carried out raids across the country. We are following developments right on the border with syria. First of all, tell us about the air strikes that the turks carried out inside syria. Reporter these were three air strikes that happened about six hours ag...
June 29, 2024
Firm has no intention of tlashing outtlash thrashing out a takeover deal. Theres nothing to negotiation. Unilever too sales rebound despite emerging markets. The ceo is planning on another year of growth. Overall results 2. 9 underlying growth. This is the 7th year in a row that we have top and bottom line growth. Strong internals as well. And welcome everyone to the show. A number of earnings out of switzerland to cover. First, Credit Suisse beat expectations in the Second Quarter with profit o...
June 29, 2024
Im Francine Lacqua. Manus im manus cranny. Shall we get into this breaking did . Francine we have some european encompass it pmi. Composite pmi falling to 52. 5. Analysts were forecasting 52 5. 5 manus the eurodollar declining. Germany missed on that as well. For the compass it for the whole of europe, it also missed. Francine actually the services pmi fell more than the manufacturing pmi. Lets bring and stephen morel. Great to have you on the program. When you look at the pmi, how much do we ca...
June 29, 2024
Im David Shuster in for ali threat. We take a deep dive into the darkest corners of the web where no one knows your name and anything i dont say. The trade. The hacking last week of ashley madison, a website that helps married people cheat on their spouses sparked a hand ringing of jokes. You cant help but see the irony of a website. 2 billion credit, debit and prepaid cards. The nielsen reports says it cost the United States 6. 2 billion in 2014. Once they steal your credit card or number or wo...