The course of offensive operations advanced the depth of defense will tell about the situation. In western turkey, the shock wave was felt in a nearby town. Transformers could not stand it, hot weather caused emergency Power Outages in several regions of the north caucasus. It is abnormally hot in moscow and st. Petersburg. How much longer will it last heat . Vladimir putin called for increasing the production of the latest weapons, including cube and lancet drones, which proved to be effective during a special military operation. This was discussed at a meeting with the head of rostec. Sergei chazov. He presented the president with a report on the work of the state corporation for the year. Today, traditionally , the annual report is a documentary of landmark developments that we have made in 15 minutes of the existence of the corporation now. I can definitely say that we today 44. 5 of 0 civil products in general for the corporation. Yes, if we talk about here , we have 90 of all our
Getting worse. Wayfair shares are sinking concerns about the Online Furniture companys margins and its plans to increase ad spending weighing on the stock, down a little more than 5 off those record highs that it hit earlier. Not to mention potential competition from amazon. Well talk about all of this with the ceo in an exclusive interview coming up this hour. Who, by the way, does not consider himself in competition with amazon. He feels like their niche furniture cannot be replicated. So far neither do investors this has been one of the hottest stocks in the Retail Sector this year. Momentum stock. The question is what does amazon have planned . Dow component disney reports earnings well tell you what to expect and, yes, a first on cnbc interview with ceo bob iger and, of course, everybody is wringing their hands, of course, over espn lets bring you up to date on the markets here the dow down nine points we all know the dow has been up 10 consecutive days. Nine of those have been a
A lot of data to note. Heres whats happening. Following the downgrade of the Economic Outlook yesterday. On the agenda this morning job claims and chicago pmi and then earnings central. Exxon mobil coming up, Conoco Phillips, viacom among the names to report Quarterly Results all before the bell and in global news this morning the bank of japan april and september of next year. Policy makers decided not to extend an already massive stimulus program. Thought theyd follow the chinese. Also watch Russian Central Bank. Today it is expected to turn its main lending rate following the sharp rise in the rouble. They find the median forecast is for a rate cut of 10 basis points. A decision is due. Stocks making news this morning, Consumer Review website yelps latest revenue missed the market and added fewer than expected local adverse tiegz accounts and also warning that Current Quarter sales will fall short of estimates. Shares are unpressure the chinese search giant the earnings beat the str
Company reported another huge financial loss. Which state would you consider the most innovative in the country . The answer might surprise you but here is a hint, it is not california. Docnine this team is , how muchasty could it hurt the network . Blackberrysedit blackberrys red ink is getting worse. It posted a 4. 4 billion loss in the third quarter. Pointe fell 56 to one 6 billion but shares are trading higher after announcing a fiveyear partnership with foxconn which is best known for making apple gadgets. Fox, make life very smart phones in a move that could cut production costs for blackberry. Says the deal will allow blackberry to better serve fastgrowing markets. Cory johnson has more from new york. Does this mean blackberry will be around for another five years . That is not clear. The issues at blackberry you cannot believe how dramatically bad every quarter is for this company. They just surprise in amazing ways with big losses or declines in their business. Years,k at the
Not this month. Home Builder Sentiment plunges as the unofficial start to the spring selling season gets under way. Is it a bad time for the Housing Market . We have all that and more tonight on nightly Business Report for tuesday, february 18th. Good evening, everyone, and welcome. Two big stories leading our broadcast tonight. One, disappointing earnings from cocacola after sales in north america lost some of their fizz last quarter. That sent the stock sharply lower. More on the troubles at coke in just a moment. The other big story tonight, a megamerger in pharmaceuticals. Irelandbased generic drugmaker activis agreed to by forrest labs for 25 billion in cash and stock. Come being t combining two of the fastestgrowing specialty drugmakers and possibly a harbinger of more in the health care industry. The ceo spoke today about the changing environment in the industry and the need to control costs. As our environment changes the pharmaceutical space changes, one of the things we know