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June 21, 2024
Cory dudley said recent economic headline head winds like the jobs report are temporary. New data shows the biggest part of the economy is holding up Service Industries. They are roughly on the same page as february. Real estate firms, rental companies and management support firms among those Service Industries report the strongest growth last month. President obama spent the weekend defending the Framework Agreement over the iran nuclear program. He said the accord does not mean the u. S. Will ...
June 21, 2024
It starts with a mixed quarter for hewlettpackard. Hw Ceo Meg Whitman will join us exclusively in a few moments. Weve got gap, foot locker aeropostal and ross stores. Jim will weigh in on all of those. Uber reportedly seeking a 1 million loan from a series of banks. Perhaps it means an ipo not that far away. Hewlettpackard reporting Quarterly Earnings above expectations. Revenues were shy of consensus. The company gave us more insight into the upcoming separation which will cost billions, but wi...
June 20, 2024
Critics of the Iran Nuclear Agreement to give diplomacy a chance easing sanctions in a halt for o nuclear movement. Afghan President Hamid karzai says he will not sign a security pact with the u. S. Until new conditions are met. He met with the security advisor susan rice in kabul. She urged him to sign a deal allowing the u. S. To remain in afghanistan in 2024. Consider this is next. And ill be back later. You can get the latest on aljazeera. Com. Americas deal with iran gets a mixed review, al...
June 20, 2024
Afghan President Hamid karzai will not sign a security pact with the u. S. Until new conditions are met. Hamid karzai met on monday with National Security advisor susan rice. Without an agreement that lays out conditions governing troops all troops might be withdrawn. Details are revealed about the Sandy Hook School shooting. The report concludes lans adam lanza was obsessed with violence and video games. Those are the headlines. Americas deal with iran gets a mixed review, along with mixed mess...
June 20, 2024
Americas deal with iran gets a mixed review, along with mixed messages from the Obama Administration and the iranian president. With the two countries not on the same page, what is a deal a Supreme Court decision obamacare. Last time we saw watson it cleaned up on jeopardy, what is the computer doing and pope. We begin with an historic accord with iran. Is it a good deal . The u. S. Says its a first step to kur to curtail Irans Nuclear program. Within hours of the deal the parties contradicted e...
June 20, 2024
Winners and losers. Sue is at the nyse as usual. Good to see you. Stoxx coming off of their lows on news of a meeting of key congressional leaders on both sides. Right now we are marginally positive by 4. 5 points on the Dow Jones Industrial average. The nasdaq continues to decline. It was the biggest percentage loser yesterday and its on pace for that same kind of record today. The s p is down. 2 of a percent. Amman javers has the latest on this marketmoving event. This is a possibly hopeful si...
June 20, 2024
Takensee the fed having some very well communicated action concerning the tapering of the program. Those are good signs. In addition to which, we have seen the numbers and growth is picking up and unemployment is going down. All of that gives us a much stronger outlook for 2014 which brings us to raise our forecast. The imf seeing growth next year compared to this year and the u. S. Economy. A lot of green activity. Volumes up. You to see australia and malaysia. Company we mentioned in china mob...
June 20, 2024
Mobile devices for apple in taiwan. Quarter. Bad julie hyman has been looking at the quarter for blackberry. Wherelike a zombie movie you know what is going to happen but it continues you are still scared. We were talking about this this morning, that you know it is going to be bad but yet somehow you are surprised just how bad it is. Lets talk about the various metrics we are looking at. When you look at the loss from continuing operations, worse than analysts anticipated. A big drop in revenue...
June 20, 2024
Index. The retail earnings day. After the bell, dreamworks and sam adams. Beer in retail. We will get to that in a bit. Commoditiesnd continuing. Futures lighter. Nymex crude, again, stable. Moving onto foreign exchange. We look at the yen at the bottom. A huge deal. That is a weaker yen as the government manipulates the room ramimbi. The gamimbi euroyen 140. 78. This is the dynamics of what revenue is doing. The dynamics are bringing that found the income statement to cap profits are doing. Loo...
June 20, 2024
Plus, speculation about apple buying tesla. Is that completely ridiculous or is there something to it . Also, google launched a growth separate from google ventures, which is focused on earlier companies with surveythis off monkey and the education company, renaissance learning. We will talk more about what their focus will be later in the hour. First to our lead story, the standoff happening in the ukraine. We have been looking at live pictures of police and protesters continuing to face off in...