Retail sector is still under pressure. Pandora shares on the rise after activist Investment Firm calling for pandora to consider a sale. Stocks poised to open lower following mondays rally. Futures up 0. 4 as gasoline, medical care and food prices up. April Housing Starts up 6. 6. Well above expectations on a 3. 7 gain. Economy doesnt look too bad this morning, jim. No. A lot of that increase in cpi is gasoline has come up. Thats something that the market likes, which is the craziness of this market. Remember we go to 48 for oil yesterday, and we have an explosion. All the stocks of the companies that do poorly when oil goes higher, but thats all right because oil is meant to be a barometer. We keep telling ourselves that. At a certain point its not a barometer. At a certain point its back to the inflation rate. But at the same time i dont see a lot of strength. I just see a lot of no volume, algorithmic moves in the stock market. Yesterday was one of the worst examples of it because t
For the democrats, seven examples today of the Mainstream Media, tech giants, backing the left. They flatout hate trump. Target, now, theres a stock thats going to fall out of bed today. Slowing sales and one and a quarter Million People signing that boycott petition due to the bathroom policy. Youve got to think thats having a Chilling Effect. And this, too, what will this punch, we closed the shot and we didnt see it and it was wristling at his jaw. What will that punch cost the guy that threw him. My answer is, it wont cost him much. If hed done it on the street, the guy would be in jail. Politics, money, assault, we cover it all. Varney company is about to begin. Trouble, trouble, trouble, trouble ray lamont dague. By the way, bernies voters are vowing, never hillary. And the democrats are hopelessly split. More in a moment. Big stock story this morning is target. Lower sales, lower outlook, that stock is going to be down big. Now, the numbers from target relate to the quarter that
Feds speak is bouncing us all around the block. Well get to that. Our road man begins with hails celestial, delaying 30 , citing an accounting review, reporting it does not expect to reach its anticipated sales in profit levels. Cramers off but hes going to call in on this one. Its also a huge week for retail. In the spotlight, home depot, we dig into the company and the positive out like. Well take a look at where we may go from here. Hails celestial announces it will delay its Earnings Report due to accounting issues. And simon is on mad money back in may when, he talked about hiring outside counsel, take a listen. Our business got a lot more complicated. What i decided to do is call some outside help. A little unlike to you do that. People thought maybe he need some help personally or whatever. All right. And with that i brought in some outside help and to come back and look at hain all of these Big Companies hire 0based budgeting. So what i decided to do was take a look, how do we
Results that came in significantly below expectations. Sabmiller rejects inbevs takeover offer saying the 42. 15 number is still below what they want. First up, yum brands will take a hit in the premarket. The home of kfc, pizza hut and taco bell missed with Third Quarter results. Greg creed says the pace of recovery in yums China Division is below expectations. In q3, we were looking for a 9. 6 number. They used the words unexpected headwinds, despite everything we know about what is going on there. Lets understand i know david tweeted what does this say about china growth. I say what does this mean about execution . Nike is selling a lot of shoes there. Starbucks has had a fantastic run. Apple is selling well. Samsung, verification of that. Samsungs business strong with apple. This is inexplicable. I think people are tired of it people are tired of the breakup story, the sum of the parts, when will it happen . You dont break a company up when the business is bad, because we just get
Middle of the country. Im lost. Im devastated. Significant damage from texas to minnesota. It looked like a hurricane was slapping dallas. The winds rendered umbrellas useless. At least five kids had to get rescued after getting caught in a flooded creek. Were fortunate no one died. Vladimir putins first visit to crimea. And a spectacular display of russian pride and military mite. A new recording of Donald Sterling leaked online. This time he denies be a racist. The audio recording has not yet been you a thnt kateauthenticated. More help on the way to nigeria. The government still looking for hundreds of girls kidnapped by boko haram. I was nervous. Who are they going to pick . Quarterback Johnny Manziel sat around longer than he thought about before being picked by cleveland. The House Committee approves a select committee probe on benghazi. And an officers make a save in the subway just in the nick of time. Two brave english bulldogs approached that bear. That is our yard do not com