The premarket. It is down two and a quarter percent on mcdonalds right now. Under armor under investigation, the Company Reportedly facing a federal probe over its Accounting Practices. How it recorded sales, stock is plunging this morning on that news. Under armor shares down 16 and three quarters percent. U. S. China trade optimism fueling the broader averages. President trump in Constant Contact with chinese president xxijinping. A deal could be reached this month. Futures indicating a gain in the p p triple digits at the start of trading this morning. S p 500 is up 15, nasdaq higher by 51. Mornings with maria begins right now. Youre the only thing i know. So wont you take, wont you take me home. Maria good monday morning. We have a big show this morning. Joining the conversation, lee car first here. Cfra director of Equity Research, ken leon is here and mitch rochell. We have a big shakeup going on at mcdonalds this morning. The Company Fired the ceo over a consensual relationship
Lawn. Im Melissa Francis in new york. This is after the bell. Hey, connell. Connell im connell mcshane, reporting live at this hour the state of pennsylvania. Start of after the bell series on swing state economies. We have three states in three days. Heading to michigan tomorrow, wisconsin on wednesday. These states helped put President Trump in the white house. Their economies may very well decide if he stays there, when America Votes this week, next year. Our host is from a company in chesser county. They specialize in automation. You will hear about later on in the hour. We begin with the records melissa talking about in the markets. Jackie deangelis on the floor of the new york stock exchange. Jackie. Reporter connell, records across the board. Market locked in gains with the dow up 115 point like at the settle. Three things traders are talking about. Positive earnings adding to the momentum. Optimism on trade, certainly a factor out there. Also some residual excitement about the
Recent high profile case involving treatment scams in ohio, and investigations and partnership with the fbi and Law Enforcement generally, leading to the indictment of six people this year, all six pled guilty to medicaid fraud. Some have called for developing more by which the public could evaluate the effect in the Treatment Programs. Our last witness, has gone a step further not only identifying it core standards, he believes are key to any successful program, but also launching quality rating systems. This is uncharted area treatment sector, and we look forward to hearing from him, the progress thats been made there, with his Non Profit Organization. We are here today because two Many Americans have lost too many loved ones to addiction. Americas Opioid Crisis has left a trail of broken hearts and homes across our country. We are here to help communities get on a path towards health and wellness. Millions of americans are desperately seeking a path forward. Working together, we can
Up about. 75 . Strong profits, positive news on trade, an expanding economy with full employment. This is why stocks are headed up again this monday morning. This stock, though, is not. Mcdonalds. Its ceo, Steve Easterbrook, has been fired. He broke Company Rules by having a consensual relationship with another mcdonalds employee. No details on that, but hes out. The stock had doubled under easterbrooks tenure. Today it will be down about not as much as it was earlier but it will be down about 1. 5 . Quite a drop to 190. Heres another stock in sharp decline. Under armour. They just reported what i think was solid profits, but investors are worried about an ongoing accounting investigation. Big drop, down 14 . Big change at airnbn. No more party houses. They will develop a Rapid Response team to handle incidents like the one on halloween in california, where three people were shot dead. Airbnb wants to go public sometime next year. Stay there, please. We have a big monday morning show f
Recent high profile case involving treatment scams in ohio, and investigations and partnership with the fbi and Law Enforcement generally, leading to the indictment of six people this year, all six pled guilty to medicaid fraud. Some have called for developing more by which the public could evaluate the effect in the Treatment Programs. Our last witness, has gone a step further not only identifying it core standards, he believes are key to any successful program, but also launching quality rating systems. This is uncharted area treatment sector, and we look forward to hearing from him, the progress thats been made there, with his Non Profit Organization. We are here today because two Many Americans have lost too many loved ones to addiction. Americas Opioid Crisis has left a trail of broken hearts and homes across our country. We are here to help communities get on a path towards health and wellness. Millions of americans are desperately seeking a path forward. Working together, we can