The committee of the judiciary will come to order. Without objection the chair is authorized declare recesses at any time. We welcome everyone to this mornings hearing on protecting america from assault weapons. I will now recognize myself with an Opening Statement. Assault weapons have been repeatedly used of weapons of deadly violence on our citizens. In the last two years, las vegas, parkland, pittsburgh, midland and odessa have seen Mass Shootings at the hands of an gunman with assault weapons. Last month we added el paso and dayton to the list of communities to experience violence. Todays hearing is about whether america will tolerate weapons of war in our streets and neighborhood. Civilian assault weapons are just semi automatic versions of military weapons. They have no purpose but to kill as many as possible as quickly as possible. By allowing killers to rapidly fire targets without stopping to reload, assault weapons are designed for bloodshed. State laws have proven too easy
The latest phil melissa, not surprisingly boeing will take a big hit when it comes to the q2 earnings that it reports next week lets run down the numbers the Company Announced within the last half hour it is taking a 4. 9 billion after tax charge that works out to 8. 74 a share. Thats for the Second Quarter. Essentially it comes down to the 737 max, they say it is due to concessions and considerations theyre going to be needing to make to customers, not only those they made in the Second Quarter but extending over the next couple of years revenue and pretax earnings are going to drop by 5. 6 billion in the Second Quarter or theyre going to be reduced by that much in the Second Quarter. Production costs in the Second Quarter, up an estimated 1. 7 billion, but we should point out that is accounted for over the life of the program so it is going to be extended out over many years since they have more than 4,000 737 maxes on order the assumption from boeing at this point is that the airpla
Were peppy boys. Three down weeks in a row for stocks. It looks like weget out of the gate in a positive way. Dow would open higher by 133. The s p is good for 21. Still early with the nasdaq which has been beaten up is up 89. Bond yields here come after declines of 2 last week for each of the major averages. Treasury yields spis part of th story. 10year treasury eased off last week, but still at 4. 29. Steve. The upper end of the range recently. 4. 30. Some people telling me 4. 50 is not out of the question. A lighter touch from the China Central bank. Lowered the oneyear prime rate by ten points. Economists expected 15point cut. The economists expected a 15basis point rate cut to the fiveyear prime rate. Major indices in china were down across the board. Palo alto here for liesmaniacs want to talk about the fed. Palo alto. You must have been talking about this. It is odd they did the release on the summer friday in the afternoon. It wasnt a bad one. It was a good one. Everybody thoug
The publication of such news is aimed at disturbing the Public Opinion and harming the process of the capital market. The secretary of the Supreme Council of the Stock Exchange also said in this regard that according to the Securities Market law, issuing the suspension and cancellation of the license of Stock Exchanges is one of the duties of the Supreme Council of the Stock Exchange. In no way is this issue on the agenda of this council according to mr. Eshghi, the Commodity Exchange has significantly contributed to the transparency of accepted goods transactions in recent years and the performance of the Stock Exchange in the National Economy is undeniable. In the last minutes of todays trading , news was published in cyberspace without any reliable document or source that the activity of the Commodity Exchange may be suspended. This years initial Public Offering will take place on wednesday, august 11, with the offering of 12 shares of the tosun Technology Development company in the
Taylor it was my fault. Jackie well send it over to Charles Payne if on this charles im with brian on this one. Brian yes charles i dont know. Im a conspiracy theorist by heart. Good afternoon, everyone, im carl partnership or this is making money. The markets relatively flat right now but, lets face it, it has been a very good week for stocks because it was not a great week for Economic Data the. The ive got jim bianco, Hillary Kramer here to try to make sense of it but, more importantly, how to make money off of it. Ray dalio sees the american debt crisis causing up to a 40 chance of a civil war in this country. Is that possible . Tweet me cb 35eu7b, i would love to hear and share your thoughts. And the great debate, representing versus buying. Which one is the better renting versus buying. Lance lambert is here at 2 30. And every day we talk about the market changing, how it changes lives. Well, there are other ways of changing lives and a much earlier part in life. Thats what the b