And your money sound advice. Aa hard to believe, tyler, all over the next two hours. All of them are going to be here and more. Welcome everybody. Im tyler mathisen. Earnings a big driver for the markets this hour. We are in the heart of earnings season. And heres your stat of the day of the more than 200 s p 500 Companies Posted results so far this season, 72 of them have beaten on the bottom line. And this hour we will shine the spotlight on the mother ship, comcast, the owner of cnbc. Well also talk about coke and t tmobile. Thank you, tyler. Im Michelle Carusocabrera coming to you live from the Wells Fargo Center in philadelphia. Len Lenny Kravitz has just gotten off the stage. Donald trump drawn away from the dnc, said in a News Conference today that he said he hopes russia finds Hillary Clintons missing emails. Were going to get the Clinton Campaign reaction minutes from now. And set the stage for a big night here in the city of brotherly love. If not for donald trump, wed probab
Street journal. Profits to fall for fourth time in a row. I was worried. I was worried i slipped into some sort of alternative universe, alternate dimension. Could they be talking about this market, which gave you a nice little gain today . Heres an article that has really, this has a firstclass anumber one wound. Several factors are weighing on earnings. Collapsing oil prices are taking a toll on energy companies. Low Interest Rates and a weak market. And a saturated phone market is reining in apple inc. But how does that mesh with the fact on the ground . This season started a week and a half ago when pepsico took things to an alltime high. Even as pepsico has gotten it up, i cant imagine how better it can be than this companys doing. So the bar for the season was set very high indeed. Them amoco what followed with an amazing, a stunning report. The best numbers weve seen from this company in years. Alcoa gave you extraordinary earnings and revenue beat, thanks to robust foreign truc
Our roadmap begins with shares of mcdonalds after reported earnings that mixed expectations. Well dig into the report. United technologies is up on earnings. Ceo Gregory Hayes is going to join us live for an interview. And the Democratic National convention kicked off with a bang. Well go live to philadelphia for the latest. But first up, mcdonalds with earnings. Sales in line, but earnings miss on the bottom line. 1. 25 a share, global comps up 31r3 31. Stocks are down 2. 5 . A year ago they were down 2 and people are looking at all Day Breakfast and saying, is this all its brought. I think theyve got some promotions that are good. The stock rangers on pokemon g japan, so it was where it was before this. Its by no means the swan song for easter book. The guy has done a remarkable job up 30 points. Can they miss in a quarter period . Yeah. The rest of the world doing pretty good. I think easter brook has done a good job. I dont think all Day Breakfast has done its growth. You need some
Larry kudlow discuss whether trump can close that gap. New jerseys Pension Fund Manager is slashing in half because of high fees and market underperformance. Hearing from the chairman coming up. A big story making the rounds here today. It will be another big wave of earnings after the close of priceline, activision, linkedin and kraft heinz. Lets start with the bank of england Interest Rate cut move and among other moves and affecting businesses back here. We have a report on the tourism industry. Steve . Pay attention. This is really down in the weeds and really interesting. Monetary policy stuff. In addition to the rate cut and more qe, the bank of England Governor Mark carney put a clever detail in to help banks, help the economy, and also, offer lesson to the federal reserve. Few are talking about it but carney exempted excess federal Bank Reserves and created by qe and when they create them, through qe, banks have to set aside capital for against them. Even though theyre totally
Because how hard ive worked to get here. Lemonis my name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. Based in hilmar, california, kensington garden rooms manufactures handcrafted, custom gazebos fully fitted for outdoor entertaining. Owners damion merry and Simon Johnston learned their craft in england then brought it to california in 2012. While the quality of its product is topnotch, its high cost makes it a luxury item most people cant afford, leaving kensington struggling to achieve real growth. Simon we can keep doing this for another two or three years, and, you know, 4,000 or 5,000 bucks each a month, you know, keep all the customers happy, but whats the point . Lemo