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June 20, 2024
Jennifer humbug. There is big news on the environmental frown front today. So first bp, the worlds Third Largest oil Company Announced it was going to pay 4. 5 billion in fines and plead guilty to 14 criminal charges connected to, of course, the giant oil spill in the gulf of mexico. Thats number one. Meanwhile, in new york, the president surveyed the damage from hurricane sandy. Of course, which was everybody knows, precipitated by Climate Change. He met storm victims in staten island, one of t...
June 20, 2024
Moment hasnt come. Twowe can rethink the past this future and why he did not take the ceo at microsoft, samuel paul masato. We are looking at a huge increase in shares of mankind, a pharmaceutical maker. It doesnt actually have any drugs on the market. The first could be its in held insulin diabetes treatment. It will get fda approval but it has an important step and shares are just about doubling in one day. Another big game today is for intuitive surgical. Shares were up even more yesterday wh...
June 20, 2024
Toyota jumps from california sinking ship. Low tax texas the new corporate home. We are about to begin. Stuart lets start at the top, shall we . Apple, the company is borrowing 17 billion to fund the Stock Buyback Program even though it has a ton of money overseas. If it brings the money back here and get taxed 35 . Charles payne is with me this monday morning. Up 17 points today or Something Like that . Nothing to do with oral and money and not paying taxes, everything to do with earnings. My q...
June 20, 2024
They arent expected to grow much when First Quarter profit reports start coming out tomorrow. Send small children out of the room, we warn you as we show you these numbers. The dow down 166 points. The nasdaq completing its worst threeday slide since november of 2011. It was off another 48 points today. Falling to a twomonth low. And the s p 500, it hit an alltime high just a week ago but today down another 20 points, capping its worst threeday slietd in two months. We have two reports on todays...
June 20, 2024
So do earnings. They arent expected to grow much when First Quarter profit reports start coming out tomorrow. Send small children out of the room, we warn you as we show you these numbers. The dow down 166 points. The nasdaq completing its worst threeday slide since november of 2011. It was off another 48 points today. Falling to a twomonth low. And the s p 500, it hit an alltime high just a week ago but today down another 20 points, capping its worst threeday slietd in two months. We have two r...
June 20, 2024
Pros worried. So do earnings. They arent expected to grow much when First Quarter profit reports start coming out tomorrow. Send small children out of the room, we warn you as we show you these numbers. The dow down 166 points. The nasdaq completing its worst threeday slide since november of 2011. It was off another 48 points today. Falling to a twomonth low. And the s p 500, it hit an alltime high just a week ago but today down another 20 points, capping its worst threeday slietd in two months....
June 20, 2024
It is premiere battle in the smart phone world. Samsung versus apple. For over three years, the two companies have clashed in a scale almost unprecedented in Business History and engaged in a series of tit for tat lawsuits that have cost more than 1 billion. The battle is being fought outside the courtroom as well, of course. Samsung just unveiled its galaxy note edge and other devices at an event in new york. On tuesday, apple is set to unveil not only a new iphone or iphones but details on a l...
June 20, 2024
We are live from bloombergs European Headquarters in london. Thatgin with the battle started this all. Three most senior politicians heading north of the border to try and convince voters to reject independence. Prime minister David Cameron, nick clegg and Opposition Leader ed miliband have canceled appearances in parliament to campaign for unity. Thats talk about the subject. Anna edwards has been covering the story. All hands on deck is how we refer to it. Absolutely, trying to show a sign of ...
June 20, 2024
Business history and engaged in a series of tit for tat lawsuits that have cost more than 1 billion. The battle is being fought outside the courtroom as well, of course. Samsung just unveiled its galaxy note edge and other devices at an event in new york. On tuesday, apple is set to unveil not only a new iphone or iphones but details on a long awaited smart watch. Wholl ultimately come out on top in the great smart phone war between apple and samsung . I spoke with michael gorman, editor in chie...
June 19, 2024
Down the day, ann from wells fargo, march, todd and todd morgan from bel air investment advisers. Well try to distinguish between the two todds. Welcome to everyone. Ann, first to you. We just watched stocks sell off sharply into the close, financials in particular. What does that tell you . I think it is the market just worried about whats going on at the fed and the debt ceiling, budget hearings, all that we have. More uncertainty in the market. Uncertainty has really become an ugly word for u...