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June 20, 2024
Dow and the s p. Gold and oil ended the day nearly the flatline. Rofits dip 6. 2 at nordstrom. The stock dropped after the close on the earnings. And, under the golden arches, mcdonalds plans to spending nearly 3 billion dollars nextg year opening up to 1,600 new restaurants and remodling 1,000 others. Mcd is also backing its sales growth forecast of 3 to 5 . A chevron gas pipeline explodes in texas outside of dallas. Reports say a construction crew accidentally drilled into the line. No one was...
June 20, 2024
Lightest trading day of the year. Gold rallied 1. Oil gained 60 cents. Microsoft is holding a news event today. Theres chatter the tech Company Might reveal a surface mini tablet. Oprah winfreys harpo studio is sold the property in chicagos west loop was purchased for 30 Million Dollars. And, burger king is tossing out its old familiar slogan have it your way. Bks new line is be your way. Trader glen schultz joins us on Tuesday Morning for a look at the bond market. Good morning to you youre wit...
June 20, 2024
The dow plunged 179 points, the nasdaq 62, s p 23. Gold added 6 dollars and oil dropped 1. 09. Google is buying Home Automation Company nest lab for 3. 2 billion. Charter communications reportedly wants to buy time warner for 132. 50 per share. The government logged a 53 billion dollar surplus in december. Its expected to reduce the government deficit by 41 in the first quarter. The obamacare 2013 numbers are in. And show 2. 15 million americans signed up picked a health plan through Health Exch...
June 20, 2024
Fell 3 . Gold was unchanged. Oil sold off more than 2 dollars. Regulators are set to fine j. P. Morgan 700 Million Dollars over the london whale trading loss last year. Triple aaa reports. The nation has gone 1,000 days of gas prices above 3. 00 per gallon. And at our last check 13 people are dead following yestrdays shooting spree in dc. Glen schultz of Performance Trust joins us on the show now and glenn has the bond market priced in fed tapering . Absolutely, the bond market is priced in fed ...
June 20, 2024
Below 16,000, the nasdaq lost 37 points and the s p 6 points to close at 1792. Gold faltered by 14 dollars and oil fell 88 cents. In earnings after hours sales force. Com traded in heavy volume with loses and gains. The Company Reported earnings that were in line with estimates. And Urban Outfitters shares fell about 1 after post revenue and profits that topped expectations. Another active day for walmart the retailer is being sued for firing protesting employees. And will hold a food drive for ...
June 20, 2024
Finishing at 99dollars38 cents a barrel. The search continues for more than a hundred people missing after a mudslide destroyed a fishing Village North of seattle, washington. Eight people were killed when the slide, 15feet deep in places struck, saturday morning. President obama is in europe meeting with leaders of the group of seven, thats the g8 without russia. They may step up economic sanctions against russia for its annexation of the crimean peninsula. And disney is paying 950 Million Doll...
June 19, 2024
Crisis. Gm shares are trading near the high of the year and gained 1 yesterday to close at 40. 90. The s p closed at a new high yesterday. The rest of the market at modest gains and loses. Wicked weather continues. Heavy snow is expected to the east. While in the west california Citrus Growers fear freezing temps will damage crops. And, a final farewell to Nelson Mandela today. As 91 world leaders, 4 american president s and masses of mourners pay tribute in south africa. Jim richter of Performa...
June 19, 2024
Want to use the companys experimental drug for myscular dystrophy patients. There are signs the fda will give it fast track priority. The main indexes all advanced for a 5th day. That close for the s p puts it on its longest winning streak for the year. Oil settled at a 7 week high. Gold opens at a more than 2 week low. There are reports ford will name its coo, mark fields to be its new ceo. Current Ceo Alan Mulally has said he will retire before the end of the year. And on the 44th annual earth...
June 19, 2024
Nutriition company shocked wall street, beating the top and bottomline numbers. Shares jumped to nearly 64 in heavy afterhours trading volume. And two tires blew out during the landing of American Airlines jet monday. No one was hurt. Doug rothschild of Performance Trust joins us on this tuesday morning. Good morning, doug, and are you sensing that bonds will be on edge ahead of the fed . Morning, angie. Thanks for having me. Absolutely, all eyes are on the fed this week. Will bernanke have anot...
June 19, 2024
The nasdaq gained. The dow finished the day down 46 points, s p down 3, and the nasdaq up 3 points. Gold dropped slightly, but stayed above 1300. The Washington Post is being sold to jeff bezos, founder of amazon. Com, for 250 million. The deal includes all of the posts newspaper and media assets except slate and foreign policy. American eagle nose dived 16 after the teen clothing retailer cuts its secondquarter outlook in half. Abercrombie fitch also fell. Better times in july from 16 nonmanufa...