Says it wasnt even those detained suspects seem to claim otherwise but the u. S. And most of latin america want Nicolas Maduro out of power but does that mean venezuela this is inside story. Hello and welcome to the program now on the 3rd of may the venezuelan government announced it had detained a group of what it called most norreys trying to reach venezuela on speedboats along with several dozen colombians the group reportedly numbered around 50 at least 8 people were killed in the incident as the venezuelans in effect ambushed the group having apparently waited for them sure the mission according to the government was to kill venezuelas president Nicolas Maduro and then spark a coup in caracas but others claim. The plan was to adopt mr mudd doro and then take him nobody knows where a florida based Security Company has claimed responsibility for the operation which was coordinated reportedly with venezuelas opposition led by one goh i dont know but president maduro insists the Unite
Remains solid. Joining us for the hour is stephanie link what do you think the theme is here we started the day up almost triple digits on the day then loss were down triple digits now were somewhere in the middle crazy with earnings nonstop. The theme today is the shift right back to growth from value. Thanks to paypal, thanks to microsoft, thanks to service now, and value is under performing because i think its all about 3m and what they said. Weak china, weaken you a, to no green shoots after yesterday where caterpillar gave us some hope and boeing gave us hope today took it all back some commentary from the industrials so far, honeywell last week as well, some of the commentary has been a little bit better around china so i wonder how much of this you think is 3m specific and where their end markets are focused versus the broader sector especially in electronics i do think they have high variable costs at 3m so they have some Company Specific issues. They didnt take production down
Shares of ge sinking premarket on the heels of the biggest decline in almost a decade John Flannery will join us later this hour. Hurricane boost for home depot, raises full year guidance reports. Buffalo wild soaring premarket, getting a buyout offer from york capital. Well talk about that in a moment 7 drop, the biggest one day fall since 09 on monday they outlined the turnaround plan and announced it is cutting its dividend in half. Were going to talk to John Flannery exclusively later this hour lots to get to on the portfolio, on the influence of trian and dividend itself and what the message is going to be from here. Totally agree i think there are some issues about the way they are going to build the cash flow issues about the way 2018 is supposed to go and yes, theres a bit of a truth in reconciliation needed about how the company could have been so wrong about its own numbers in 2017, about how to tend to switch to real acting as opposed to the suboptimal form of accounting. Th
And you will meet technology that promises to build you custom clothing. You dont even have to leave your home. First, lets get headlines from carol massar. Cbs reporting secondquarter profit topping estimates. Doubling the buyback and boosting the Cash Dividend as it looks to counter a decline in revenue in operating income. Last season, cbs had the largest ratings decline of the four big u. S. Networks. Newscorps reporting losses as it completes its first year as a standalone company. The wall street journal continues to face difficulties, with sales falling 6 . Zynga out with earnings after the closing bell, posting secondquarter results at the low end of the forecasts. Zynga stock is falling in afterhours trading. Those are the top headlines at this hour. Thanks, carol massar. Shares of zynga down 6. 5 . We turn to the gaming industry. I am joined by bloomberg west editor at large cory johnson. Also, a guest from idg. And from bloomberg intelligence, providing context in a variety
Case. Technologyl meet that promises to build you custom clothing. You dont even have to leave your home. First, lets get headlines from carol massar. Cbs reporting secondquarter profit topping estimates. Doubling the buyback and boosting the Cash Dividend as it looks to counter a decline in revenue in operating income. Last season, cbs had the largest ratings decline of the four big u. S. Networks. Reporting losses as it completes its first year as a standalone company. The wall street journal continues to face difficulties, with sales falling 6 . Zynga out with earnings after the closing bell, posting secondquarter results at the low end of the forecasts. Zynga stock is falling in afterhours trading. Those are the top headlines at this hour. Thanks, carol massar. Shares of zynga down 6. 5 . We turn to the gaming industry. I am joined by bloomberg west editor at large cory johnson. Lso, a yes from idg and from bloomberg intelligence, providing context in a variety of industries. What