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Loss overall to the quarter. The stock is trading higher in the market, up over 1 as you can see there. Heart,me karen it will who covers g4s. Ge for us. So it comes back to power. Margin, 2. 8h a 3 percent, which was totally surprising. Sales were down 15 , really bad. Voters are down 25 , so this will continue. The order of magnitude is worse in terms of profitability. David when you we knew they were struggling with power. Is this worse than what the market expected . , 6 operatingy 5 margin was expected and we got 2. 8 , so not awful, but not going in the right direction. And that is the big ugly, nobody knows how bad it is going to get, and it is the biggest business for ge. So what does this tell us about plans going forward, spinning things off, consolidating . Does this bad performance point in a new direction . Karen i think they have already laid off 18 of the people. They will need to do more on the cost cut side there. Were worried about a goodwill writeoff. I do not think ....
The 17,000 mark, we should add. Pressure across the other indexes as well. The s p 500 up almost 10 points to 1,978 aramafteramaicing new this week. And remember, amazon is about 13 of the nasdaq 100. Lets get more on what was wrong with visa and its responsibility for a lot of the dows decline today. Heres Mary Thompson with that story. Mary . Hey, there, bill. Visa is off the lows of the session, but the Payments Processing giants stock is the biggest loser among the dow 30, this after the company lowered its revenue forecast for the full year. The strong dollar and decline in crossborder payments revenue, payments made in one country and used in another, behind the lowered outlook. The crossborder business impacted by unrest in the ukraine and rising political tensions with russia. Heres cfo Byron Pollitt on yester ....
Lamorinda Weekly is a weekly community newspaper for Lafayette, Moraga and Orinda in California USA. 26,600 printed copies delivered to 23,000 houses or 65,000 people. ....