Thats right, 50 lanes merge into just 20 lanes. We thought we had it bad here but check this out. This was hours with these people at a stand still. We show you this to make you feel better about things about yourself today. Some people abandoned their cars. That used to happen years ago in china. Maybe five or six years ago and then suddenly people would just walk away from their cars and into the villages. But wow. This makes me feel better about my commute today. You dont live in l. A. That doesnt look a lot different from the 405. My first thought was china and Second Thought was l. A. But what is the widest highway . How many lanes . Not 50. But wide. Like 5. Like 5. And across on both sides but yeah, 50. So lets get to the u. S. Stock market. Were looking at what is potentially setting up for the best week since february for the dow and since december for the s p 500. This morning things were flat but we did see gain across the board yesterday. Well continue to watch this. A coup
Were very near close to 2. 63, gold up 40, as high as 1320 as the dollar index suffers its worst day in a month. The road map begins with a deal to avert default. After months of dysfunction, washington now faces calls for a grand bargain and the challenge of winning back the hearts and minds of the American People and american business. Shares of Goldman Sachs are going to be lower today, at least in the premarket after quarterly revenues came in well below consensus. Shares of ibm off after even more sharply, revenues fall more than a billion short of estimates. And other heavyweights out as well, ebays guidance up. The deal does fund the government through february 15th and calls for broad budget talks by a senate committee. This morning were making a new call to washington, its win us back. Strike a grand bargain are win back business, win back a disillusioned electorate, something the president talked about last night. Theres a lot of work ahead of us, including our need to earn b
Sales were a record at $5.07 billion; organic sales increased 1%Segment operating margin was 21.5%, or a record 24.7% adjusted, an increase of 150 basis.
Parker-Hannifin reported third-quarter fiscal 2024 sales growth of 0.3%, beating estimates. Orders were flat, but Aerospace Systems saw 15% increase. Adjusted EPS and margins improved. Outlook raised with EPS of $24.65-$24.85 and sales growth of 4%.
Sales increased 3% to $4.8 billion; organic sales increased 3%Segment operating margin was 21.1%, or a record 24.5% adjusted, an increase of 300 basis pointsEPS were $5.23, or a record $6.15 adjusted,.