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Transcripts For FBC Varney Company 20170516

133 points from its alltime high. How about that . The markets continue their march. Meanwhile, disney refusing to pay ransom after hackers get ahold of the new pirates of the caribbean movie. The pirates aimed at his daughter sarah on saturday night live. We cover it all on varney and pane for you Varney Company for yous which is about to given. Ashley and a quick look at the dow futures for you with. How about that . More green arrows. The dow showing it will be up 42 points or thereabouts at the opening, the s p and nasdaq also up again after record closing highs yesterday. It just goes on and on. Higher profit, by the way, in sales at home depot helped by a strong Housing Market. Premarket up over 1 . Nice quarter for home depot. A few more retailers reporting this morning, tjx and marshalls and home goods, weak sales and guidance. Weak sales also at Dicks Sporting Goods but encouraging sales at staples. Up nearly 2 . All right, lets stay on the economy and bring in economics profe

Transcripts For CNBC Squawk On The Street 20170522

Wind down. The ten year is still stuck around 2. 24. Opec is trying to deliver some more cuts at the meeting on thursday. Our road map begins with a major shakeup in the auto business. Ford firing ceo mark fields amid investor ease about the stock performance. Plus, middle east deal maker in chief President Trump is in israel this morning. This after signing a record arms deal with saudi arabia. Boeing, black stone and ge among the big winners. And the path to 1 trillion. Rbc saying that apple has the potential to become a trillion Dollar Company within 18 months. First up though, changes at ford, the automaker announced that mark fields is out as ceo and that fields has chosen to retire. Hell be replaced by jim hackett, the chairman of Ford Smart Mobility division. Hackett has developed a reputation as a turn around specialist. And shares of ford have fallen more than 35 . The company has scheduled a News Conference for 9 45 a. M. Eastern time. Being called a retirement, but we can re

Transcripts For CNBC Squawk On The Street 20170525

Our road map begins with the retail surprise. Best buy, sears, Williams Sonoma, all with earnings beat. Shares of best buy are surging. And Mickey Drexler is explaining how the j crew market missed the tech revolution. The s p is on track for another fresh record close. Opec agrees on the cut extension and oil is down. A lot of news on the retail front. Best buy is up, helped by an unexpected increase in u. S. Comps. Williams sonoma is out with better than expected guidance and earnings beat and then sears coming in above forecast. Although sales continue to slump. Its not often, jim, an 11. 9 decline in comp is actually above expectations. Yeah. Look, sears is a big short squeeze whenever it goes up and people realize well, wait a second. Even when they keep selling Closing Stores the existing stores have bad numbers. These are terminal numbers. I mean, i wont tell you that maybe you can close all of the stores and see the stock go up. But i have never i mean, there has never been a r

Transcripts For FBC Countdown To The Closing Bell With Liz Claman 20170526

Greetings and yet its all business for President Trump and his g7 counterparts as they tackle trade, security and the fight against isis. But its the president s shove heard round the world of the Prime Minister of montenegro that has tongues really wagging. Guess whos not upset about it at all . Weve got the real story. Standing by, former assistant secretary of state bob hormats and strategist ed rollins. Well ask what happens when President Trump returns to find that his soninlaw, his closest adviser, might be in the russia hot seat . As the president focuses on trade with the g7, a fox business exclusive with former secretary of commerce Carlos Gutierrez on the one thing about the president s efforts that he must kick into overdrive for trade. Memorial day, a time to honor those who have died in battle and to thank the men ask women who are still and to thank the men and women who are still serving. For those wounded in war, the treatment by the v. A. Has been more than a slap in t

Transcripts For CNBC Squawk On The Street 20170613

Cramer, faber is off president is in wisconsin, surp positive, yields tick up on decent core ppi. Tech stocks taking a tumble. Treasury is out with its plan to loosen Bank Regulations and is the worst over for under armour . The stock having a nice bounce after the warriors take the title. First up, tech stocks looking to rebound from their worst twoday streak of the year jim looking at some of the percentage declines for fang, somewhere in the 4 to 5 range. What happened is you didnt get followthrough other than the negative apple you got a downgrade of adobe that lasted for about 30 seconds. There were no substantive calls and by the way no preannouncements that these great tech selloffs that weve had there usually is a linkedin tableau data, upgraded today by goldman. Theres something to hangon to which says tech has slowed down but we didnt get that, which made it so it was more of an air pocket than it was the beginning of some gigantic rollover. Just didnt get it i was looking fo

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