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quarterly results missed estimates and said compensating victims for defective ignitions will cost at least $440 million. matt miller joins me along with chuck stevens. matt, take away. thank you. about the costsk you have set aside or the cost you pay for the actual recalls. it was $1.3 billion in the first quarter, $1.2 billion in the second quarter, and a lot of analysts do not seem to have accounted for that in their forecast. why do you think that is, and how much do you think it is going to be going forward? before i get into questions specifically arm the recall, if i could talk about overall performance, i think it is an important message to get out. we continue to have strong twolts, especially in our key markets, north america and china. recallexclude the campaigns, earnings on a year-over-year basis were up 20% with margins of about 9.2%. 14%hina, earnings were up year-over-year with margins of 10%. specifically to north america, despite the challenges related
QatarBurkina-fasoTel-avivIsraelChinaCaliforniaUnited-statesAlgiersAlgerAlgeriaRussiaUkraine 7:30. we ll roll out the reaction as soon as those companies report. we have dupont and united health. am i speaking too soon, joe? i m away from my computers? they are? oh, great. that s good. i like both of those companies. i ll come over and help. both of them should be followed. dupont saying adverse weather conditions reduce first quarter earnings by an estimated 7 cents. did you see how many times i think the beige book mentioned weather 131 times. someone counted the number of times it mentioned weather. weather is an issue. you know, that was not fair, becky. i m sorry to spring that on you. you were without blame because you re in that she s a vision in white this morning. i m interested i m looking, i m looking. ibm, the lowest is that for real? the lowest revenue number? that was a bad number. the lowest revenue number. didn t we just talk to people. who was it, bill miller said he expected an uptick because it had been eight q
New-yorkUnited-statesMoscowMoskvaRussiaCanadaJapanAustraliaGermanyAfghanistanIranKiev delegates here will begin the roll call to officially nominate hilla hillary rodham clinton. she will become the first woman to be a major party s presidential nominee. folks, this is a landmark 96 years in the making after the 19th amendment granted women the right to vote. it puts her husband in an unprecedented spotlight tonight. he will be the first president to endorse his wife for the white house. but the big question right now will that moment might that moment this evening be marred by bernie sanders delegates in the wells fargo arena. listen, i was in there all night last night. you heard the chants, bernie, bernie, you heard boos, pervasive. today senator sanders himself again pleaded for his supporters cooperation. what we must do or forever look back and regret is defeat donald trump and elect hillary clinton. [ crowd yelling no! in my view, it s easy it is easy it is easy to boo, but it is harder to look your kids in the face who would be living un
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