Comes on the heels of a disappointing quarter that saw the firm notch its worst ever results in the commodities business they say this is kbws note today we have more questions than answers about the franchises health at this point in time. Should we . Well. You take one quarter two quarters of bad trading yeah, we can ask the question. I think the question is a little bit bigger than one or two quarters this is a firm that over decades has had a little bit of a tugofwar going between Investment Banking on one hand and trading on the other hand. Youve had a guy at the helm for ten years thats a trader extraordinaire in years past youve had Investment Bankers like hank paulson running the firm i think the question is where are the Investment Bankers picking up slack from the trading which in the last two quarters hasnt done so well is it time to rethink owning this stock it is time to rethink it but when you rethink it youll come out its 1. 2 times book value. It can get a little bit ch
Showing you the skyline of San Francisco right now. Gray overcast overhead and its going to quickly burn back to the coast. Heres the 12hour day planner. If you liked yesterday, youll like today as well. By noon, sunshine for most away from the coast. By 4 00 in the afternoon, mild to warm. Very similar in terms of temperatures. Maybe a degree or two warmer today than yesterday, but all in all, a pretty seasonable day out there. Thank you so much, drew. Back to our barcelona coverage. As people mourn the victims, there are also people here in the bay area nervously watching the events overseas. Were hearing from a group of california men who recently flew to barcelona. We have that story. At spains consulate, a bouquet of red roses is placed by the window. The universal symbol of love on a day marked by terror and death. In San Francisco, there is mourning as well. It was kind of hard at the beginning because i spent a lot of time living in barcelona. Two years ago, and its something t
Canvass for witnesses. At the time, there were a lot of people here. We definitely wanted to gather as much evidence as we can to solve this. San jose police, san jose fire, oakland fire, and units from other departments led a procession on 280. It was headed to valley medical center. Police expect to continue their investigation this morning and canvassing of the neighborhood should take a few more hours. Reporting live in san jose, matt keller, abc7 news. Thank you. We do have a Traffic Alert for you this morning. Sue hall staying on top of that. Good morning, everyone. We start your friday morning with a sig alert in benicia, southbound 680 at marshview. This happened last night with a big rig that caught fire. The purple means a hard road closure. The red is the backup from there. It is beyond gold hill in the southbound direction. They dont expect this to be cleared for at least another hour. So of course, were tracking that for you. Your best alternate would be to take 80 to colu
From other departments led a procession on 280 at meridian avenue. Heading toward valley medical center. Both oakland firefighters were part of the graduating class in april, so they were only on the job for a few months. Taylor street, it appears, is opening up. The westbound lane is open now. It appears the eastbound lane will be opening soon. You can expect that traffic issue to be cleared up in just a few moments. But they are still doing that yard to yard search in this area, so maybe theres some roads closed where nat is taking place. Reporting live in san jose, matt keller. Thank you. We will get to our other big story of the morning, the terror attack in spain, in just a few moments. First, a quick check on weather and traffic. Drew and sue in for mike and alexis. Sue, a major traffic issue in benicia. Its still out there. Better news is one lane is now open. This is southbound 680 near marshview. The red sensors all the way back to 80 westbound now. So thats still the big trou
1959, by the way. Thats our report. We appreciate your time. Im dan ashley. And im kristin dietz. Right now on jimmy kimmel we right now on jimmy kimmel we have ramy this cold and flu season. Check sundays paper to save up to 4 on lysol and buy any 5 lysol products for 100 bonus box tops. So im never gonna dance again the way i danced with you the saxophone. I love that. Thats my favorite karaoke song. Not my favorite George Michael song. Whats your favorite George Michaels song . A fool, which im a freedom girl myself. All right. Tell us whats your favorite George Michael song. Weigh in on our twitter page. His neighbors in the english countryside remember him this morning. If you want to hear George Michael, hit up a local pub. He was seen in the pubs and restaurants there, and one of them is playing his songs in a tribute to him. Residents there respected his privacy, but one villager saw him out recently and did not look well. The music world reeling from the unexpected death of th