Detailed text transcripts for TV channel - CNN - 20180425:11:48:00
For investors, it can eat into corporate profits. caterpillar tumbled 6% after it said its profits are peaked. rising steel costs will cut into earnings. steel prices are up since the trump administration slapped tariffs last month. 3m won't make as much as this year as they thought. and alphabet 5% lower. that bad tone spreading around the world overnight to asian and european markets. u.s. stock futures are down too. in breaking corporate news, just a few moments ago we learned comcast is going head-to-head with fox in a bid for sky. that tops an existing offer with 20th century fox. watch t...