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KQED Nightly Business Report April 20, 2016 - Vimarsana News

KQED Nightly Business Report April 20, 2016

At 2016 highs. But we begin with big changes at intel. The company is cutting 11 of its workforce. Its cfo is moving to a new role. And its taking a onetime charge of more than 1 billion in the Second Quarter. This after the dow component reported weaker than expected firstquarter revenue and said the Current Quarter wouldnt be much better. It was that soft outlook for Second Quarter revenue that weighed on shares in afterhours trading. Intels current cfo said the changes at the company are all part of its broader strategy. What we went to do now is accelerate that transition. And so this rest...

KQED Nightly Business Report April 20, 2016 - Vimarsana News

KQED Nightly Business Report April 20, 2016

But we begin with big changes at intel. The company is cutting 11 of its workforce. Its cfo is moving to a new role. And its taking a onetime charge of more than 1 billion in the Second Quarter. This after the dow component reported weaker than expected firstquarter revenue and said the Current Quarter wouldnt be much better. It was that soft outlook for Second Quarter revenue that weighed on shares in afterhours trading. Intels current cfo said the changes at the company are all part of its broader strategy. What we went to do now is accelerate that transition. And so this restructuring is a ...

KQED Nightly Business Report May 4, 2016 - Vimarsana News

KQED Nightly Business Report May 4, 2016

Eurozone may be weaker than previously thought. That pressured stocks. The Dow Jones Industrial average dropped 140 points to 17,750. Nasdaq fell 54. The s p 500 was off 18. As bob pisani points out, the very things that had been driving the market higher for nearly three months seem to be starting to shift. Reporter stocks were down today as three key parts of the recent rally reversed a bit. First the china problem. Chinas been stable recently but the Economic Data has been choppy, kind of hard to read. Overnight the manufacturing numbers were weaker than expected. And that is predictably ca...

KQED Nightly Business Report May 4, 2016 - Vimarsana News

KQED Nightly Business Report May 4, 2016

Eurozone may be weaker than previously thought. That pressured stocks. The Dow Jones Industrial average dropped 140 points to 17,750. Nasdaq fell 54. The s p 500 was off 18. As bob pisani points out, the very things that had been driving the market higher for nearly three months seem to be starting to shift. Reporter stocks were down today as three key parts of the recent rally reversed a bit. First the china problem. Chinas been stable recently but the Economic Data has been choppy, kind of hard to read. Overnight the manufacturing numbers were weaker than expected. And that is predictably ca...

KQEH Nightly Business Report April 20, 2016 - Vimarsana News

KQEH Nightly Business Report April 20, 2016

At 2016 highs. But we begin with big changes at intel. The company is cutting 11 of its workforce. Its cfo is moving to a new role. And its taking a onetime charge of more than 1 billion in the Second Quarter. This after the dow component reported weaker than expected firstquarter revenue and said the Current Quarter wouldnt be much better. It was that soft outlook for Second Quarter revenue that weighed on shares in afterhours trading. Intels current cfo said the changes at the company are all part of its broader strategy. What we went to do now is accelerate that transition. And so this rest...