Check out the shares of five below. We will tell you how low below could go power lunch starts right now and check out where we stand on the s p and nasdaq both in record territory not there just yet still below the key 29,000 level that it hit on friday. Thank you very much, everybody. Earnings season b, thats going to be your top macro story the next couple of weeks it is kicking off in a big way with big banks set to report tomorrow and this could be in some ways a make it or break it for stocks as a whole because earnings are expected to drop on average 0. 7 if they do, that will be the second straight quarterly decline. Back to bob at the nyc its not so much theyre down 0. 7 for the Fourth Quarter thats a concern for the markets because thats largely priced into the market and if we go where we normally go, that wil come up. Well end up to about 2. 5 overall. Its these numbers First Quarter and second quarter. They were much higher a few months ago while its typical for numbers to
Stuffers, four names you might want to put on your list but we begin with big news of the day, boeing shares getting a pop thanks to the company firing its ceo phil he wilebeau is in chicago the details. The board of directors met over the weekend Via Conference Call and sunday night the boeing board said weve had enough of dennis muilenberg. They reached the decision sunday night to for him effective immediately. Basic at this it comes down to this a couple of things happened in the last two months that the board said weve had enough. The broken faa relationship which weve talked about and halting 737 max production, thats a a mop umtal decision boeing reached last week, one they never had before. The new ceo is the former executive chairman dave calhoun takes over as ceo and president effective january 13th whats his game plan, rebuild the faa relationship and to that end he called the head of the faa this morning and said we welcome rigorous oversight also a reset for the 737 max, t
Maybe you dont care but you do care about the american economy. And boeings news impact us all. We tell you whip process then apple hitting the alltime high today, three analyst have three different takes on the same stock. Well find out who the traders believe is right all that as we begin with an earning alert on fedex not good. Fedex stock down again, missing on earnings and revenues lets get back to eric chemy at cnbc hq with more on the fedex flop. Thats right a disappointing quarter for fedex. Ceo fred smith acknowledged in the release that the fiscal 2020 is a yeerd of continued significant challenges and changes. The the company missed on top and bottom lines setting weak Global Economic cannibus, increased fedex ground costs, the loss of busy from amazon, shift to lower yielding services pb, no competitive pricing environment and late Holiday Shopping season. Looking ahead, the company reduces guidance to reflect lower than expected revenue and higher than expected expenses. F
Responsible. And why this man is collecting elephant dung in south africa a clue to make a drink thats often taken with a tonic and slice of lemon the. Color of a warm welcome to you im on the thought she. First of it is have kicked off here in germany to mark the fall of the bull in wall kirti years ago on the 9th of november 1989 is germanys communist regime lifted strictures on its citizens leaving them feature travel to the west for the 1st time in nearly 30 years all this week events are taking place across the capital to mark the moment that changed history. History flashed before their eyes as thousands returned to prelims iconic aleksandr plots to mark their moment that would help change the city and the country forever. We want to make it possible to relive what happened back then and also the developments since then the road doesnt always been smooth over the last 30 years but we succeeded at something we can live together without a wall in peace and freedom in feeding on fir
European leaders are still saying theyll decide on his proposals at the end of the week. And thats not borisjohnsons only thing on the agenda. The american businesswoman hes accused of improperly helping while he was mayor of london has given her first tv interview. Well bring you some of what she had to say. And climate activists have taken to the streets of cities around the world demanding urgent action to stop global warming. Well report from london, amsterdam, sydney, paris and berlin. Donald trumps decision to pull american troops out of Northern Syria is proving politically incendiary. The move will allow turkey to launch an operation against kurdish led forces. The same kurdish led forces that America Armed in their successful fight against the Islamic State group. These pictures show american armoured vehicles pulling away from kurdish controlled areas. Turkey considers the kurdish fighters terrorists because of their close relations with the Kurdistan Workers Party which has