Earnings. Michael kors go shopping. The retailer will acquire jimmy choo for 1. 2 billion. Big deal in retail. A mixed opening for broader average. Dow industrial opened a 20point. Nasdaq in negative territory. Take a look in germany. Investors eyeing a report on Business Sentiment that hit a record high. One half of 1 . In asia overnight, artist and the flatline as you see there very much fractional move. Korea was the big mover down one half of 1 . Justin bieber says sorry to his fans. While the singer can serve the remaining dates on his tour. Journey to talk about it, fox business upper dagen mcdowell, Jon Hilsenrath of real killer Politics National political reporter, Caitlin Harry burns is here. Great to see you. Dagen amnesty appeared maria amnesty appeared dagen great to see you. I was searching the data listening to the coverage when i was driving around southern virginia. Listening to the Democrat News network. It is amazing how all of these other media outlet cover the presi
Apple soars nearly 5 to a fresh all time high after reporting earnings moments ago crushing on every metric the company has added 31 billion in market cap just in the post market session. Weve got full Team Coverage gene is here onset, hes deialig into the call. Josh just spoke with tim cook, so josh, kick it off i had the chance to speak to tim cook lets talk about iphone number 41 Million Units in the quarter. I asked about that he said demand was greater than the shipment indicated because he did take down channel inventory by more than 3 Million Units. It was also impacted by the pau. Theyre seeing these reports andrew man and rumors cook said the noise andrew mors are at a different frequency than weve had and its clear because im getting different comments from people that there is a pause, but despite that, i feel great about how we did. I also switched gears and asked cook b aboservices business. Cook telling me if you look at services, we came in at 7. 3 billion. Up 22 year on
Today, they are holding at the bubble. Julie we have seen some acceleration of decline. People are focusing on earnings. We will not hear from the fed it fed until tomorrow. Actually, things are bouncing around. Scarlet is right. We have all of the corporate earnings to shift through, it is the busiest day in the terms of the number of earnings reports. Donald numbers were disappointing compared to estimates. 3. 1 will believe. Analysts are looking for 3. 6 gain. If the United States we saw a slowdown of 1. 8 . It was 5. 4 the prior quarter. Analysts are saying there is an interestfree wide slowdown that calling for a restaurant recession. A slowdown from a number of different factors from u. S. Politics, terrorism, social unrest, global geopolitics, and economic uncertainty. That this is the canary that lays the recessionary egg. Leadingld the a indicator. Downgrading a number of stocks. 11 restaurant stocks. Chipotle going to a cell. Darden is down. Cheesecake is down. This is bloomb
First we start off with apple shares falling 1. 5 as the country underwhelmed the developers conference. Josh lipton is there. Reporter melissa, the app store eight years ago had 500 apps. Fast forward to today, 2 million apps that have been downloaded. Some 130 billion times. Ceo tim cooks jobs keep these developers very happy. He started his key note today by talking to the thousands of developers about the companys products and platforms. Now we offer you four incredible platforms that power these worldchanging product experiences. Watch os. Tv os. Os 10. Ios. Were going to move each of these platforms forward today. Reporter other apple executives were also on stage today, including eddie cue and craig. Developers i talked to, most excited about one change in particular. Apple is now going to let them integrate siri into their answer. That would mean, for example, you could use siri to order an uber or book a reservation. Apple music, which critics had said was clunky, confusing, n
The members of the second panel year in the process of having three votes on the floor of the senate and to accommodate all members in a way to be consistent with the time constraints that i will introduce executive privilege and by that time the distinguished Ranking Member will be here until somebody comes back but at any rate will introduce mr. Wolf and then get your statement when introduced we will let the senator know what the order is. With follow the famous black squirrel. [laughter] i know this is the home of the famous black squirrel because the gentleman dresses up as the blacks girl black squirrel i turned around to discover a lifesize black squirrel. I hope fish and game to not this that is being endangered a 600 million case in these northeast communities in the Bakers Association and to serve as the American Bankers Association with no small task a graduate of Southwestern College he began his banking career in 1979 to become president and ceo at the young age of 28 i re