Here the shares are down 8 right now. Thats not even the biggest point decliner in the dow. Which goes back to how low its share prices got. Exactly. At this hour the Senate Finance committee is beginning to mark up its tax reform bill well tell you whats at stake there and what could be the most contentious issues between the house and senate. Meanwhile, amazon is reportedly considering a freemium option for prime video. Wel n will netflix make a similar move lets get to our top story today, the big decline in ge shares Morgan Brennan has all the ugly details for us morgan reporter hey, bill, yeah, so ge cutting its dividend in half. Its only the third time since 1899 its cut that payout, this is the first time its done it notscenario. Thats only part of the story here big part of why these shares are falling 8 is the updated guidance new eps numbers for 2018 expected to be 1 to 1. 07 a share, reduced by half since the previous target and lower than consensus estimate 6 billion to 7 b
Rates. But also, promising that the administration will take action without congress if need be. Well ask a top House Democrat out of maryland about all this and will there be comprehensive tax reform to encourage companies to stay put in this company. Very much a thorny issue. Still with us by now. This time tomorrow theoretically we will know what apples new products are being introduced and it is at the iphone 6 . Is it the iwatch . Something else their sleeve . Payment system . Were they a hit with public and investors . Today a closer look at what apple needs to do to impress shareholders and customers and the bar is set very high. Yes. Lets start with that sector. Its the nasdaq out performing fractionally lower off by a point or two. The s p 500 is a weak link down and hardly call it a link. Thats the broad market index. Down almost half a percent today and something to did with the weakness across brept crude and the metals, as well. The blue chips off a quarter of 1 and just b
A major section of the Drug Abuse (Prevention and Control) Act which placed a “reverse burden of proof” on an accused has been deemed unconstitutional by a high court judge. And with that decision, one of the men in a 2018 high profile drug case will not have to face judge and jury. “The provisions of Section 42(1) of the Drug Abuse (Prevention and Control) Act operate so as to …
Boozed-up Scots yob shouted terrorist slogans at train passengers in sectarian rant
Paisley Sheriff Court heard Christopher Glen kept shouting “Up the RA,” and boasted to other people that he was “off his f head”.
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Paisley Sheriff Court (Image: PDE)
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and almost came all the way back, right, bill? anything can happen as we know in these next 60 minutes of trade. as it usually does. we ll talk about that and why that happens. the market also bracing for the start of earnings season. which kicks off on this program in an hour when dow component alcoa reports its first quarter numbers. ceo klaus kleinfeld will join us. listen for that and what he has to say coming up in a little bit. let s take a look at what the markets are up to right now. as we speak, the dow is back in the black. clearly see there in the chart it is up just by a smidgeon. we ll take what we can get. 14,570. the nasdaq has also pushed into the black as well. let s take a look at the numbers there. it s up by about seven points. the s&p 500 also is moving higher by about four points at 1557. some of the biggest market reversal swings have happened right here in the final hour of trading. we brought it to you in living color on friday, for example. esp