Engine trouble at ford, and a fast mover. A name we rarely mention on the show. The stories behind three stocks today. Were coming to you live from studio b at the nasdaq. On the desk tonight, we have tim seymour, dan nathan, guy adami and our special guest trader tonight, kristen bitterly. Welcome to everyone. Were going to start with the lateday selloff. The dow falling as much as 350 points at its lows. The nasdaq and the s p down as much as 1. 2 . The indices closing off their lows of the day, but all three still snapping a fourday win streak. The pullback colliding with that 30year treasury option that showed weaker demand. Jumping back to nearly 4. 9 . All of this as wall street was digesting the latest cpi data. Consumer prices rising 3. 7 in september from a year ago, slightly more than the street estimate. Energy, used car vehicles, prices falling, but it wasnt enough to offset the gains in things like food and shelter. So, how should the market be digesting all of these data
Today to just about 29 a share, easily making it the bestperforming stock on the Dow Jones Industrial average. And shares rose despite reporting revenue that fell short of expectations. Mary thompson has more on whats going right for ge. Reporter in what Ceo Jeff Immelt called a slow growth and volatile environment, ge held the line on costs and helped by strength in its aviation and transportation businesses beat earnings expectations in the Third Quarter. Crisp execution in tough markets, thats the hallmark of a wellmanaged company. Reporter even as revenue missed forecasts, immelt reiterating the firm should meet its profit targets for the year, which is turning out to be its most transformative ever. The firm is ahead of schedule on its plan to sell 200 billion in assets for its finance arm aas it shrinks the once mighty unit. Its about to close on its largest deal ever, the purchase of the french Power Company alstom. And if conditions permit it will sell its stake in synchony thi
Easily making it the bestperforming stock on the Dow Jones Industrial average. And shares rose despite reporting revenue that fell short of expectations. Mary thompson has more on whats going right for ge. Reporter in what Ceo Jeff Immelt called a slow growth and volatile environment, ge held the line on costs and helped by strength in its aviation and transportation businesses beat earnings expectations in the Third Quarter. Crisp execution in tough markets, thats the hallmark of a wellmanaged company. Reporter even as revenue missed forecasts, immelt reiterating the firm should meet its profiul targets for the yea, which is turning out to be its most transformative ever. The firm is ahead of schedule on its plan to sell 200 billion in assets for its finance arm aas it shrinks the once mighty unit. Its about to close on its largest deal ever, the purchase of the french Power Company alstom. And if conditions permit it will sell its stake in synchony this month a move that will let it
Today to just about 29 a share, easily making it the bestperforming stock on the Dow Jones Industrial average. And shares rose despite reporting revenue that fell short of expectations. Mary thompson has more on whats going right for ge. Reporter in what Ceo Jeff Immelt called a slow growth and volatile environment, ge held the line on costs and helped by strength in its aviation and transportation businesses beat earnings expectations in the Third Quarter. Crisp execution in tough markets, thats the hallmark of a wellmanaged company. Reporter even as revenue missed forecasts, immelt reiterating the firm should meet its profit targets for the year, which is turning out to be its most transformative ever. The firm is ahead of schedule on its plan to sell 200 billion in assets for its finance arm aas it shrinks the once mighty unit. Its about to close on its largest deal ever, the purchase of the french Power Company alstom. And if conditions permit it will sell its stake in synchony thi
Done since he has left. Telling us one thing behind the scenes at closed hearings and giving a totally different impression when he was out in public. President trump is continuing to call on the senate to pass a major reform bill. Now is the time to get it done because should they have to revisit this when nancy pelosi is wielding the gavel, then its going to be a much worse bill. Up in the air and now loose on the ground and oklahoma has it. Yeah, yeah pete are those ornaments . Does that mean its christmas . By the way i was going to say its not christmas yet. Post thanksgiving. Still eating leftovers, right . Rachel absolutely. We are going to talk about leftovers later on by the way. Pete we need. To say. Rachel its my daughters Favorite Song by meghan trainer. Griff saturday after thanksgiving pete is back. Pete i do work on the weekends saturday and sunday. Really difficult workweek saturday and sunday. Griff holiday lights and trees out back fox square and pete back in the chai