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Transcripts For FBC Varney Company 20161026

Government solution, the public option and medicare buyin. Rather vague. 13 days till the vote. Thats politics and how about money . Stocks are going down and another decline in iphone sales, a slight drop in profit margin. Still the most valuable company in the world. Is it now a glorified utility, milking steve jobs iphone legacy . Politics and money, thats what we do. Varney company is about to begin. Well, where are we going in approximately 28 minutes time . Weve headed south for the big board and the Dow Jones Industrials are off 75 points. The price of oil has dropped below 50 a barrel. 49. 06 to be precise. Well get the latest reading how much we got from oil in the stock piles coming up at 10 30. Now look at this. This is apple. It is the stock of the day, probably. Shares set to open lower. And im going to call it a lackluster Earnings Report late yesterday to be down to 114. Emack, numbers liz yeah, the Third Straight quarter of iphones down versus sold in the prior quarter.

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