Page 169 - Third Quarter News Today

Protected tries to of an old law that has protected facebook. The coronavirus takes a toll with tech leading losses. Earlier, apple cut its revenue guidance for the march quarter with the outbreak continuing to impact the iphone maker supply and demand. Impactful,navirus is but not permanently impactful. In other words, it is a temporary blip. On the demand side longer term for apple, i dont see any issues so that gives me a lot of confidence we will see a nice rebound when this is over. 20 of r...

Now. Maria we want to check Global Markets this morning, european indices all over the place this morning following the u. S. Central Bank Stimulus package. London shut down, some of the mass transit lines in an effort to contain virus. Ftse 100 is down 12 points right now. Dax index in germany right now up 21. In asia overnight it was red across the board. Take a look. Korea getting hard hit down better than 8 overnight in korea hitting levels not seen since 2009 even as coronavirus cases are d...

On in the session. And italy. Greece you can see that at the bottom of the screen. 54 basis points for the ecb. Significantly as well today, we have seen the fed extending the swap lines. I think this is really important because this dollar squeeze is right at the center of the market turmoil we are seeing at the moment, so we see had extended to countries like norway. Maybe not much of a movement today, but that is still up or down by 1. 7 versus the u. S. Dollar. Fall, buttinue to 0. 5 given t...

Fields. So many things are happening. It is a very exciting time for, for medicine. Cheryl talk more about that later. Questions about the virus are growing from our kids to home surfaces. Well separate fact from fiction for you. All of that and a lot more coming up on making money. Cheryl our top story, the White House Coronavirus task force wrapping up another briefing today on a roller coaster day for these markets. Blake burman at the white house. He has a lot more. Blake . Reporter cheryl, ...

Spending in france and switzerland neglect any of if january and twos, threes and fiveyears are measured in basis points the dow plummeting 3200 points in the week the worse since the crisis yesterday experienced the biggest oneday point drop ever, 1,109 points as we approach the end of the red february for stocks the dow is the weakest of the three major indices, down almost 9 monthtodate. Goldman again this morning, jim is saying they dont think this is over and that buying the dip is in their...

[ inaudible question ] we wanted to find out but were getting out, we got out. We had good meetings request the taliban and were going to be leaving and bringing our soldiers back home weve been there almost 20 years. Done a great job weve got rid of terrorists. Now its up to other countries to get rid of those terrorists [ inaudible question ] we have discussions to go, but weve mad a lot e a lot of prog. Okay thank you. The president ahead of a meeting this afternoon with ceos from pharmaceuti...

He will meet with the ceo of 3m once he arrives there. That Company Makes in part surgical masks suddenly becoming popular. The Vice President reminded not like you need to run to the pharmacies to stock up to get these things. Rather, it is the care providers who need the products that 3m produces. Listen. It is very important to say that our medical experts made it clear, the American People dont need to buy masks but we want to make sure that people that are caring for the American Public hav...

Year high as the coronavirus layoffs start to show u. And Oil Rebounding crude on track for its biggest oneday gain ever. Absolutely. Its up 26 though still down 17 for the week as a whole. The dow was up 500 points. Now only up 235. Lets focus in on the key stories were watching mike is tracking todays Market Action e meg is covering new developments from the Pharma Industry and kayla has the latest on proposed bailout, but mike, lets kick things off with you. Thanks. Obviously seeing a general...

As the stock plummets 11 and is now at just 10. 35, american is also offering voluntary buyouts to employees. That leads to this question. Are we looking at a Global Travel depression . The ceos of hilton, United Airlines and Royal Caribbean cruise lines all sit on the board of one Organization Called the world travel and Tourism Council. The ceo of that council is live in a fox business exclusive from london, where the famed tube, londons underground subway, is now closing down stations. Will l...

Mcdonalds, disney and goldman sachs. Todays move higher though, putting not even a dent into this weeks losses and the dow is down a staggering 12 just since monday once again, a big story, energy. Check out oil. This time the opposite of yesterday, surging 24 thats its best day ever the u. S. Government considering some political talk or action to get in front of that saudirussia price war thats going on and flooding the market with oil and well have much more on that during our big hour straig...