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June 21, 2024
Jobless claims. That comes in at 8 30 eastern time. First time filers are seeing falling to 295,000. Also, cbs and dish network are locked in a fierce battle with a deadline of 7 00 p. M. Tonight. If an agreement isnt reached today, cbs is ready to pull its channels from dish in some of the nation aes biggest markets. Andrew. Thanks, becky. Here is whats going on. Disney boosting its annual dividend by 34 to 1. 15 a share. That company posting a record profit and revenues for the last four years...
June 21, 2024
Degree. The real question is, why . Is black friday dead as an entity in the Holiday Shopping season . Well get into that and more. We did all those stories leading up to black friday suggesting that it was losing its cache. In fact, that its goneful left the building just like elvis and hearing from tony hsieh. Now starting to open up brick and Mortar Stores in vegas and a popup store open 24 7. Almost a showroom. Perhaps a glimpse into the future of retail and where hell be coming to us from a...
June 21, 2024
Point trading range from top to bottom. Sglefr single trading day this year as youve said. Incredible were up 261 points. We should remind everybody in case you missed it this morning or some hugh a historic day. European central bank decides it will launch quantities taitz difference easing. Japan was first back in 2001. The u. S. Followed suit. Now its europes turn. The baton is being passed and markets are rewarding it. Say with us for a closing bell exclusive, david mckay in his first interv...
June 21, 2024
Mcdonalds surging nearly 5 after ousting its ceo. Wlas what is the new plan for the fast food giant . This remains the big question. And one hour from now, some huge earnings hit the tape google, amazon advisoryvisa biogen to name a few. Well have the numbers and instant analysis as well. A ton coming up next hour. Were just ramping up on the whole earnings thing. Digesting names like ali alibaba. The dow is up about 148 points this hour. That outperformance from a couple of individual movers. B...
June 21, 2024
Tenyear yields around 1. 84. The euro on track for its worst month in two years, below 1. 12. More on that in a moment. Road map begins with u. P. S. Shares down sharply in premarket trade, after cutting guidance around the Holiday Season. Fedex down in sympathy. Mcdonalds shares rising in premark on the companys first samestore sales growth in the United States since 2013. And starbucks, record fiscal First Quarter results, in line with estimates. Chairman and Ceo Howard Schultz is going to joi...
June 21, 2024
Here. That ipo pricing at 14 last night. But right now you cannot get it for that price because you can see there its up to almost 24 bucks on the session. A huge move day one for the Cloud Company despite vocal skeptics. Theyre questioning their profitability. This feels like the debates we were having back in the 90s during the dotcom boom. Im not saying thats the case here, but off booming ipo with people wonder wrg is the money right now. Another bombshell from the president s tax plan. Pres...
June 21, 2024
Well have the numbers the moment they cross and the best analysis in Business News. Of course we are waiting for president obama during this hour to speak at the white house. Set to speak about his request for congress to authorize money and power to fight isis abroad before they infiltrate the United States. Well bring you, of course his comments live as soon as he takes the podium. Lets have a look at exactly where we are on the markets right now. The dow at its lows was down 109 points. Its q...
June 21, 2024
Stocks, 25 of the 30 are positive so far today and were keeping an eye on energy again, as well. Exactly. Down here, one of the indexes that will often list up here on the boards is energy index. Look at that one off 122 points. Again, just reiterating the pressure seen, renewed on crude oil today and down another 3 settling around 55 bucks and change. Natural gas by the way. Its had a 10 move lower in 2 sessions. I was going to say. See how nimble they are in the booth . We know they are but le...
June 21, 2024
Holding steady at 5. 8 . And corporate news, cbs is still on dish network this morning. The two sides failing to reach a deal by last nights deadline. It will continue to be distributed by dish while negotiations continue. And sprb president obama will be announcing his for a new secretary of defense today. Andrew, good morning. Thank you, becky. Stocks to watch this morning, discount retailer five below offering a disappointing Sales Outlook for its keep Holiday Quarter. The Company Naming its ...
June 21, 2024
Yesterday. Oil Services Provider cut in half today down more than 50 . And the implications of why this stock is tanking may be much bigger than just this company. Right . Thats for sure bill. You can read about the man camps that they have built. The big activist investors, the fact they have wanted to be a reit and didnt happen. Perhaps a tax inversion candidate. That didnt happen. Touches on themes of 2014. Most notably, the drop in oil. Coming up another twist in the sony hacking saga. Now, ...