Swamp. He is successfully dominating the news cycle in a positive way. Now, look at the deal making. 200 billion dollars worth signed already. Energy, armaments, infrastructure in america, boeing, ge Power Generation equipment and another quarter trillion dollars in arms deals expected in next ten years, enormous dollar numbers. The media, not happy. They want to concentrate on the president s political troubles back home. Investors encouraged by the deal making and the switch away from political turmoil. The dow is going to go up just a little when the trading day begins. Maybe 30, 35 points, but remember, please, despite it all were only a couple hundred points away from the dows alltime record high. Varney company, monday morning, about to begin. All right. This coming in from the Auto Industry. That man right there, mark fields, ceo of ford, he used to be ceo. Hes out. Im going to say that he was fired. What youre looking at on the righthand side of your screen is the stock since,
Im optimistic now, look, weve only had about two dozen companies, 5 of the s p reporting, but nike, oracle, darden, for example, all had very good things to say. And collectively, these 23 so far have had very good earnings. So right now, 23 Companies Reporting earnings theyre up 12 thats a good number that continues the end of that earnings recession that started three quarters ago heres the important thing look at the revenues up 8. 5 that is a very important number, because now its not just costcutting or buybacks, people have been complaining about, now were really seeing revenues 90 exceeding the estimates for those 23 thats way, way above normal what about the other 95 okay, so far, the estimates are 2 lower than the start of the quarter. Thats important, because you know, scott, analysts normally lower their numbers as we go through the quarter. But the average is about 4 . So analysts arent lowering the numbers nearly as much thats important, because if they were wrong, the com
Wilfred frost great to be back together. On vacation like two months. One week, and youve not been here various different places. I am teasing. Happy birthday for last week. And to you. Thanks very much. Lets take in global markets. Have a look at futures which are pointing higher. We mentioned weve got gains around the rest of the world, and thats helping bounce back following last weeks declines small gains friday, for the week as a whole, between 1 and 1. 5 for each of those. All sectors were negative apart from consumer staples, energy was the worst, but in terms of sub sectors, banks stood out as decline. Russell 2000 small caps, lot of people thought it was bearish. The banks down almost 4 because we saw that risk of buying bonds, compressed yields and that hurt the banks performance. Seeing it tick up, below 2. 2 on friday yields rising a bit. You can see trend over august is down Economic Data out of asia overnight. This was a wow number out of japan, gdp grew at annual rate of
48. 62. The latest developments following the charlottesville attack that many call an act of domestic terrorism. Reporter charlottesville is in shock and mourning after a White Nationalist rally turned fatal. Car ramming into a crowd of counter protesters saturday, killing one woman, injuring 19 others the suspect james fields junior age 20 of ohio is expected to appear in court this morning a vigil was cancelled because of safety concerns. Mourners in downtown charlottesville around a makeshift memorial gathered anyway earlier in the afternoon sunday, attempt by the organizer to hold a press conference devolved into yet more violence and ended up being cancelled as well. Charlottesville has been the site of four such rallies organized by the socalled alt right since may. Symbolic location because of multi year debate ovaer removal of confederate statue. The weekend events which featured tiki torches, nazi salutes, confederate flags, even some companies, maker of tiki torches took to
Trade. More and more of us are globe trotting alone, we speak to the founder of one firm who turned her own Terrible Travel Tale into a successful business. Today we want to know about your travel highs and lows tell us your stand out experience while travelling the world . Let us know. Just use the hashtag bbcbizlive. Hello and welcome to Business Live. The British Government has unveiled its second brexit position paper, ahead of negotiations in brussels at the end of this month. This time, its about minimising disruption at the irish border. Northern ireland is the only part of the uk which will share a land border with an eu member state when the uk leaves the eu in 2019. Under one option the government has proposed, thered be no Customs Border at all between the uk and ireland, enabling goods to flow freely between the republic of ireland and Northern Ireland. Protecting the Common Travel Area is key. Thanks to the current arrangement, people can move freely between Northern Irela