Barrel, 47. 53 home depot is just out with Earnings Results are good 2. 25 a share see how the stock reacts 3 cents above revenue. Comparablestore sales, an important metric to watch, up 6. 3 the consensus was for under 5, 4. 9 so thats a significant outperformance home depot raised sales and Earnings Guidance for the fullyear. As you can see, its been a grade p great performer. If we went back any period, two, five, ten years. Very close today well see if it will trade at a new high its last earnings report, it jumped about 11 on the stronger than expected earnings, and has been flat after amazon and sears announced that deal to sell ken mother applian kenmore appliances on amazon. North koreas leader has delayed a decision on firing missiles towards guam. The country state media said kim jongun will wait to see what the United States does next. The leader made his first public appearance in about two weeks inspecting military assets and reviewing plans to fire missil s s near guam. B
100,000 new fulltime, fullbenefit jobs in the next 18 months all over the country. While the averages were down with the dow sinking 63 points, s p 0. 21 , nasdaq backsliding 0. 29 . Its been ages since weve seen that down. Amazon stock screamed higher, closing up 14 points to 813. Thats just like how stocks used to react on news of hiring, on expansion, before the recent age of stagnation, derision, and gridlock. Let me explain. Ever since growth slowed, i mean really slowed and the u. S. Became episodic in its ability to expand the economy, we desired a particular set of traits, a set of rewards so to speak from our stocks before we bought them. First we would look and wed want a good dividend, one that gave us a nice return versus the competition, namely treasury bonds. Second, we wanted a large and meaningful Share Buyback to shrink the share cap, and thus artificially or not increase the earnings per share. We cared more about this than actual Revenue Growth because what Revenue G
We start with mark boyle who is the first on scene today and he is live at dia, what are they saying about the cause of the crash . Reporter they are looking at a medical emergency for the female bus driver and hours after the crash the bus has not been towed away. It happened when the Football Team was returning from an out ofstate game in california and now its a rough homecoming week. Reporter the wreckage of the out for students and staff as they simply ask why. Police say around 20 people were on the bus when they crashed in to the pillar. The bus driver died. Ran off the right side of the roadway and struck a pillar that takes us out to the pillar. Reporter those that were come away with bumps and bruises and it forced pick up to the west terminal. The pickup was backing up to the eastside and there was concern about damage to the garage. If there are safety issues they will take action. Reporter police are looking into the possibility of a medical emergency behind the wheel and
Outside the government, i questioned how they were approaching it. I might have tweaked it to the extent that it involves Foreign Policy. I might say to my Foreign Policy partners that we have a problem of doing it this way, but here is a suggestion for how we can or meet yourhing interests in a slightly different way. You are always concerned about making sure that the credibility of the United States is sustained or the credit ability of canada is sustained. The work that has been done continues. Particularly when you have a close friendship and relationship with a partner like canada, it is not as if work we or entry on the arctic s vanishes when the next president comes in. I intend to make sure the next president who comes and agrees with me on everything, but, just in case that does not happen, the u. S. Canadian relationship will be fine. Thank you, everybody. Mark the president of the United States and the prime minster of canada concluding a press conference at the rose garden
Bloombergs European Headquarters in london. Im francine lacqua. Lets get to the markets, Global Equities holding near a high for the year. 600. Is a picture for stoxx i wanted to show you automakers. Folks like an volkswagens market share reached a low. We have been talking about it all week. It did see a little bit of weakness. A sign of relief for governor kuroda. Lets get straight to the bloomberg first word news with nejra cehic. Nejra thanks, francine. Goldman sachs is said to be advancing on its biggest costcutting pushing years. According to people with knowledge of the effort, Ceo Lloyd Blankfein is calling for the push which includes firings and curbs on travel and entertainment expenses. Bonds are inyield the midst of their worst twomonth selloff since 2014. Investors say they have yet to fully price in the risk of default. Speaking in washington, the governor of immediacy set of corporate debt burden is heavy, is not veryrage high. Federal reserve bank of atlanta president D