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June 23, 2024
Lets head straight to the markets desk with julie hyman for the latest on this selloff. It has to dond with oil. If you look at the major averages we are seeing a deep decline of nearly 250 points for the dow and that is despite the fact that one very big company in the s p is actually on the rise. Market cap does indeed surpass apple. Up 4 today. Just around 543 billion dollars is where it is right now. That is not helping overall because as you take a look at the number of terminal, energy is ...
June 21, 2024
A very good morning for you both. Virus continuing to strengthen. Why no cure . We will be talking about where there are positive moves to be made. We expect litigation costs to fall. Number should occur. We are going to focus on it in just a moment. Now isu need to k portugals central bank has taken control. Israel has announced the seven hour ceasefire with gaza. This follows yesterday which included chilling of the United Nations shelter. The ceasefire would occur from 10 00 until 5 00. Portu...
June 21, 2024
Bet is for gamblings future. Carmines a restaurant. They have changed the landscape of family dining. I will talk to the chief executive of the 100 million restaurant business. From, lets get headlines carol massar. Ebay out with earnings after the close. Outlookany had a sales for the Third Quarter that fell shy of estimates. Revenue in the current period will be between 4. 3 billion dollars and 4. 4 billion. Lots of numbers. Meantime, yum brands posted a secondquarter profit that trailed some ...
June 21, 2024
Liner for more than three months . A japanese paper out reporting cold winter temperatures were a factor in the meltdown of the lithium ion batteries which caused at least one of the boeing 737 dream liners to make an Emergency Landing in japan. Meantime, in alternatings news out of japan, it was a big quarter for toyota has the highlander is hot. Toyota posted a better than expected 3. 4 increase in quarterly profits and the automaker raising the outlook for the year. Can we move back to the ba...
June 21, 2024
Jamie dimon is expected to take part in a Conference Call with analysts starting soon. He just finished eight weeks of treatment for throat cancer. He made his first public appearance on friday. The government is now rethinking the way it is trying to stop the spread of ebola. Health officials cannot figure out how a nurse and dallas came down with the disease while she was treating. An ebola patient she had been wearing protective clothing. It does not change the fact that its possible to take ...
June 21, 2024
Models, designers and powerbrokers turnout for the British Fashion awards. Welcome to countdown. It is 6 00 here in london on Tuesday Morning and a very good morning to you all. The man who could be the chancellor has been drawing up his economic battle lines. The u. K. Opposition finance spokesman told Francine Lacqua a referendum on britains membership of the eu would be a risk and that britain needs to stay in the European Union. That our economy is growing in a strong and Sustainable Way and...
June 21, 2024
Ecb president. He suggests the eurozone economy is likely to remain stagnant and the central bank stands ready to act. T speaking of Central Banks, here at home, the fed is launching a review of how it oversees the major banks. The review comes after a series of critical reports. The fed is asking its Inspector General to help with the probe. Andrew. Weve got stocks to watch this morning. A lot of stuff moving. Gamestop earnings and revenue falling well short of estimates. The company blaming th...
June 21, 2024
The people to stop talking in the audience. Okay roll call. Director brinkman. Lee present director ram on director ram on the scene director please be advised that director heinicke will be absence during todays meeting. Please be advised that the ringing of cell phones and pagers are prohibited. Anyone responsible for one going off may be asked to leave the rom so please turn your cell phones off because if you turn them on to vibrate it may cause microphone interference. Thank you. The regula...
June 21, 2024
Think its our third revenue bond sale and in advance of the sale as we always do we go out to the Credit Rating agencies so that that they can assess the agency and the bond sale and very happy to report that both moodies and standard and poors upgraded us moodies from an aa 3 to aa aa 2 and standard and poors from an aa minus to an aa and as a result we have the highest rated bonds of any Transit Agency in the country so pretty strong achievement again an affirmation of some of what were doing ...
June 21, 2024
The people to stop talking in the audience. Okay roll call. Director brinkman. Lee present director ram on director ram on the scene director please be advised that director heinicke will be absence during todays meeting. Please be advised that the ringing of cell phones and pagers are prohibited. Anyone responsible for one going off may be asked to leave the rom so please turn your cell phones off because if you turn them on to vibrate it may cause microphone interference. Thank you. The regula...