All of that leading to a stronger dollar and weaker commodities like oil. Under armour out with earnings as well. Lets get right to it. Their adjusted loss coming in 0. 34 a share, almost double what we had been expected. Net revenue for the First Quarter coming in at 930 million. That also came in light. They see a significant decline in revenue since midmarch, so no surprise there. Marriott coming out with their numbers as well. As you can tell, it is going to be bad. Marriott international looks at first court or revenue coming in of 4. 68 billion, a decline 6. 6 year on year. A really ugly number. They say they had liquidity about 4. 3 billion as of may 8, so obviously sustainability and solvency these kind of companies , especially hospitality, as well as airlines, really front and center. All of this really winds up depending on when the world can reopen. Lets get to all of our market movie news from new york. In london, u. K. Promised her Boris Johnson announced the first carefu
Louns lou announced he is stepping down from his ceo role. And scott minerd will tell us why he doesnt think investors should be buying just yet. We have josh here welcome back to you. Interesting dichotomy setting up in the market. The stayathome stocks versus the gooutside pelaton was just hit on power lunch and netflix, zoom, are all outperforming and the goout stocks, the restaurants, the ubers are all getting hit. Theres the pocket of green there. Yeah. Look at live nation they do concerts. Yeah. Theyre thinking people are not going to go out if and when coronavirus comes here in bigger numbers. So the thing with that is that the danger with that is buying into a narrative because the narrative could be popular for two days and then all of a sudden it goes out of favor and people are like what was i thinking why do i own this stock . Because i think people are going to sit home . However, i do own zoom and another name thats been ripping, teledoc this is virtual doctors visits im
Traitered take their positions. Plus the best stock ideas for 2020 the Investment Committee is ready to go. Halftime report starts right now. Welcome. Good to have you with us on this tuesday. Our Investment Committee joe, stephanie, john, courtney, president of Capital Markets private wealth management. One of forbes top 100 advisers lets begin with that new milestone for stocks as s p sits within 2 of its best year since 1997 joe terranova, s p, nasdaq 100 new high russell 2,000, 52week high. Emerging markets, 52week high. Left our europe. Pretty good nikkei 25, 52week high. World is rallying. Risk back on. High bet, take exposure is what near term investors want from the market laggards are really rallying right now. I would argue when you look at the laggers, the ones that have limited Growth Opportunities and thats why it has not been a premium paid for them during the year, i want to look at the laggards from early in the year that began to recover early in the quarter. I think t
Room to run. Our special series continues with a closer look at one sector up more than 300 decade to date plus how the chicken wars are shapg up reaching new heights all of that as Worldwide Exchange begins right now tuesday september 17, 2019. Congratulations first off to the new Orleans Saints and their quarterback. He became the nfls alltime touch down kingwith 540 touch down passes. He threw four of them last night. More on that coming up first off, wall street tried to extend a win of its own stock futures pointing to major and minor losses the dow down by 13 points, nasdaq down about 11 looking at the bond market a slight tick lower. Yielding 1. 861 . Twoyear 1. 631 . Thats how the treasury shape is moving right now let us go worldwide. In asia, we did see a positivity trade there. In hong kong, up over 1 you can see there now in europe. That trade giving a little bit of it back remember, a huge move for many of the major forces out there. The german dax off and the ftse 100 abo
America, today i am asking our chairman to proceed with articles of impeachment. I commend our Committee Chairs and their members for their somber approach to actions i whh i wish the president had not made necessary. David they ask them to move fast so the senate quote, can have a fair trial. Edward lawrence with more. Reporter White House Press secretary Stephanie Grisham says the democrats should be ashamed of themselves. House Speaker Nancy Pelosi outlined in the statement that the house is protecting against threats foreign and domestic. She is saying that the house is protect the u. S. Constitution. Listen to her answer when she was asked if she hated the president . This is about the constitution of the United States and the facts that lead to president s violation of his oath of office. As a catholic i resent your using the word hate in the sentence that addresses me. I dont hate anyone. Today with the speaker announcement she has weakened this nation. Reporter that is House Mi