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Straight day of declines the nasdaq trying to snap a twoday losing streak. Industrials the worst performing sector following a downgrade of 3m, and for more on all of this and what is sending the dow lower today, lets go to bob pisani at the New York Stock Exchange an important thing, scotty, here is were down three days in a row, and this is not so much i would call searching for direction as i would say that we really need to figure out where the market is going. Were waiting for news, essentially here were waiting to see if the fed really decides they needed to cut rates aggressively, we really need to see if there is any progress on trade. And we really need to find out if the earnings estimates are too high going into the second half of the year take a look at some stocks moving here. The good news, the low print was at the open. I see semiconductors like advanced mike row are doing well, all the metals have had a te ....
Storm drains up and running. There is a serious concern about the potential for flooding and landslides. Not only did fires level homes, there is a new issue that has popped up. City Officials Say the flames burned a number of underground storm drains. With all of the rain expected to fall this week, these damaged pipes could lead to flooding and landslides in the burned areas. Reporter this is the scene a short time ago at cross creek work crews are out working to replace burned out sections of pipes that run underneath the road there. City and county officials have identified at least 23 different locations were storm drains have been destroyed by the fire. Mainly in the Fountain Grove neighborhood. On friday, part of the hillside collapsed near some homes on newberry court. Crews are out there to replace that underground pipe. They have replaced 250 feet of underground pipe ....
PROVEN Group Limited (PGL) for the six months ended September reported reduced net profits of US$1.6 million when compared to the US$7.3 million it earned during the same period of last year.