Pretty tight supply. Weeble have fabers inclusive interview, and another upgrade for netflix, this time its ubs. Were going to walk you through that call. First up apple preorders are surging. They received almost 1 million orders on friday according to slice intelligence. No comment on they numbers from a third party. This took one day. Look basically a sight unseen fabulous ads, and i think what this says is long run, because if theres a million early adopters without even people just figuring how to sync, i would say this is not a 2016 phenomenon. By that time everyone will know you have to have this as a device. You know what . People under 25 carl theyve never had this device. Suddenly theyre going to wear it because its part of their ecosystem. Those of us older who have a watch, were trying to figure it out. Younger people have figured it out. They need it. Piper jaffray, everyone is trying to do their work. B of a is a little higher than that. Even if they sell eighth year is a
Tomorrow. Jpmorgan, bank of america and goldman and citigroup. Can Investors Bank on the banks . Good question. We begin with the biggest retailers. Target and gap are under fire for staffing practices. More on this developing story. Give us the latest. New York Attorney general has sent letters to 13 retailers, including jcpenney target and gap and others asking for information and documentation about staffing procedures as it pertains to on call shifts. The new York Attorney general said the receives reports about these 13 retailers and specifically wouldnt elaborate further. According to the letter they have phone or email systems set up where employees find out shortly before their shifts whether or not they need to come in. If they are not needed they are not paid. They said reporting for work shall be paid for at least four hours. Further, the ag said the scheduling practices make child or elder care arrangements difficult and in addition when it comes time to finding time for al
Performer behind utilities. And while most strategists arent expecting much from earnings season they say the news wont be all bad. Especially when it comes to the banks. Dominick chiao takes a look at what to expect and why this group is so important to investors. Theres a reason why so many investors care about what happens in the Financial Sector that sector is the second most heavily weighted one in the entire large cap s p 500 index. Financials are expected to be a bright spot with the highest anticipated Earnings Growth of any sector out there. There are a number of things working in their favor. The key tail for financials is really rates. And the expected rising of rate environment. If you look historically at the last four rate hike cycles. Financials outperformed the overall market. That makes sense. A particular insurer should benefit from a rising rate enenvironment. A host of big cap names will report later on this week and next. Including jpmorgan chase, wells fargo, bank
Performer behind utilities. And while most strategists arent expecting much from earnings season they say the news wont be all bad. Especially when it comes to the banks. Dominick chiao takes a look at what to expect and why this group is so important to investors. Theres a reason why so many investors care about what happens in the Financial Sector that sector is the second most heavily weighted one in the entire large cap s p 500 index. Financials are expected to be a bright spot with the highest anticipated Earnings Growth of any sector out there. There are a number of things working in their favor. The key tail for financials is really rates. And the expected rising of rate environment. If you look historically at the last four rate hike cycles. Financials outperformed the overall market. That makes sense. A particular insurer should benefit from a rising rate enenvironment. A host of big cap names will report later on this week and next. Including jpmorgan chase, wells fargo, bank
Sort of are. Im hitting the road. Reporter on the road in a van with a handful of advisers driving overnight from her home in new york more than 1,000 miles to iowa. Iowas a huge swing state. We have a lot of pull coming to who gets elected. Reporter clinton has stops scheduled in small towns. No media gaggle. No massive rallies. One on one meetings with voters along the way. We have to run a state by state campaign and has to be in living rooms and dining halls across the country. Reporter unlike 2008 for criticized for running a coronation instead of a campaign a concern for some that still lingers. I dont think shes a shoein. Theres overconfidence and i would really like to see a more vigorous challenger. Reporter the challenge has been mounted already by key republicans. Marco rubio, rand paul and tud cruz. Jeb bush took an early jab at the former secretary of state. We must do better than the Foreign Policy that emboldened our enemies. Reporter the race for the white house already