Day of november on the backs of home depot and kohls, both tumbling after cutting outlooks and comps forecast. The record rally for stocks, it rolls on. Futures as you saw pointing to renewed all time highs at the open and vaping crackdown. California suing juul for marketing to teens new york set to make a socalled major announcement of their own later today. Well start with retail, though, home depot shares down on the premarket, earnings did beat but sales missed and company cuts the full year outlook saying integration is not delivering as quickly as they thought. Kohls tumbling on weaker guidance i was curious to hear you say a moment ago that lowes is getting to be the better buy because well see that print tomorrow. Yes i have to tell you, i think Marvin Ellison energized the place. One thing that happened was that lowes fell behind home depot technologically. They didnt have the systems that is no longer the case as Marvin Ellison rolls out technology at every single lowes, and
Charles schwab is expected to buy ameritrade jim as you noted on twitter, the unprecedented influence of robinhood. Yeah, look, when youre out here, you realize there are players. David talks about them a lot, including softbank, theyre fun organizations with no real growth path for earnings a fabulous growth path for revenues this robinhood has been an incredibly well funded sensation particularly among the younger demographic. Its very hard to fight a company that will you play for free and thats exactly what disrupted this industry was Venture Capital money. Think about it, its been a stable oligothic for a while. Why not surrender to schwab . This makes so much sense now schwab will be the largest asset gatherer, incredible machine. I this i schwabs store, we dont know the ratio, this deal done makes schwab go up a lot more than its up right now. David, lets talk about this deem we got some paypal news as well. Mna is getting a bit spicier as we get to year end yes this would be a
Ameritrade becky quick will join us in a few moments. A lot of conversations about what we think the brokerage business is now with zero commissions, how it leads to Advisory Services and implications around Financial Services. It is best performing stock in the s p, e trade the word speaks to the fact theres expectation of more consolidation. What it means for tech startups, names like robin hood and names out there, brought in disruption, now being given a run for their money. I dont know why e trade is the word in terms of more consolidation. You would think thats a big plump turkey ready to be stuffed. I think the market expected that name to be first to be taken out. Often times when these things happen, the next one ends up getting bit up thinking back 20 years to when e trade was robinhood. They were the new kid on the block, shaking up the way the others were operating. Now were in interesting space where little companies are having an impact, but the older companies, your fide
Welcome to everyone here and those who a william hello, everyone, and welcome to the Atlantic Council. Welcome to everyone here and those watching on cspan and our livestream. To if it cohosted by our strategy and security in our Global Business and economics programs economic sanctions initiative. This if it is on the record. Please tweet if you know so inclined and if so, please use the hashtag shaping sanctions. Today we are here of course to learn more about asthma and its finances. When he is one of the most sophisticated in the middle east. Iran patron has reportedly provided terrorist group we put hundreds of millions of dollars. Annually. This money has advanced the iranian agenda, undermining weapons political system and its delegate secretary and balance. Challenging the world lebanese as the sole legitimate protector of the security. Providing on demand Ground Forces work irans work in syria. Maintaining a toptier terrorist capabilities in the region and really throughout th
That countrys president rouhani. So the war in afghanistan continues. We remember, of course, how it began. Soon after the terrorist asack taxeses of september 11th attacks of september 11th, 18 years ago. President bush used a bullhorn to tell the world that the people who brought down the twin towers would be hearing from america soon, and sure enough, the campaign was launched. Since the First American troops hit the ground in october of that year, more than 2,000 have been killed is and thousands more wounded. In addition, more than a thousand allied soldiers supporting the u. S. Led effort have per riched as well. So has the longest war in American History produced the desired results . In other words, is the direct military action in afghanistan as part of the overall war on terrorism actually making america safer or not . Plus, what does it mean that one of the biggest hawks in the Trump Administration has gone . Well, here to talk about that is retired Army Lieutenant general d