Loss overall to the quarter. The stock is trading higher in the market, up over 1 as you can see there. Heart,me karen it will who covers g4s. Ge for us. So it comes back to power. Margin, 2. 8h a 3 percent, which was totally surprising. Sales were down 15 , really bad. Voters are down 25 , so this will continue. The order of magnitude is worse in terms of profitability. David when you we knew they were struggling with power. Is this worse than what the market expected . , 6 operatingy 5 margin was expected and we got 2. 8 , so not awful, but not going in the right direction. And that is the big ugly, nobody knows how bad it is going to get, and it is the biggest business for ge. So what does this tell us about plans going forward, spinning things off, consolidating . Does this bad performance point in a new direction . Karen i think they have already laid off 18 of the people. They will need to do more on the cost cut side there. Were worried about a goodwill writeoff. I do not think
A house hearing that the sanctions and other efforts to stop their Nuclear Weapons program. This comes as the Un Security Council voted monday to impose new sanctions on north korea. At a hearing of the Foreign Affairs committee is two and a half hours. [inaudible conversations] before we tackle the hearing i would like to remind the audience members the disruption of proceedings is against the law and will not be tolerated also wearing themed shirts while seated in the room is certainly permissible holding up signs during the proceedings is not permissible and will be suspended until Capital Police can restore order. With that, i would like to call us to order for our hearing this morning and ask all the members to take their seats if you cou could. On september 3, north korea detonated a Nuclear Device thats according to news reports is stronger than any of the previous tests combined. This represents the latest advancement in north koreas Intercontinental Ballistic Missile programs
Tuesday. It comes a day after the Un Security Council unanimously voted to introduce new sanctions against korea. They specifically targeted natural gas and oil imports and textile exports. This is about 2. 5 hours. Conversation] before we get a full the hearing in, i would just like to remind audience members that disruption of Committee Proceedings is against the law and and will not be tolerated. Is permissible, holding up signs during the permissible during the hearing is not permissible. A suspensionult in of the proceedings until the Capitol Police can restore order. With that, i would like to call us to order here for our hearing this morning. The members to take their seats if you could. September 3, north korea detonated a Nuclear Device that according to news reports was stronger than all the previous tests combined. Representsen bomb the latest advancement in north nuclear andrunning Intercontinental Ballistic Missile programs which not pose an urgent threat to the United St
[inaudible conversations] before we tackle the hearing i would like to remind the audience members the disruption of proceedings is against the law and will not be tolerated also wearing themed shirts while seated in the room is certainly permissible holding up signs during the proceedings is not permissible and will be suspended until Capital Police can restore order. With that, i would like to call us to order for our hearing this morning and ask all the members to take their seats if you cou could. On september 3, north korea detonated a Nuclear Device thats according to news reports is stronger than any of the previous tests combined. This represents the latest advancement in north koreas Intercontinental Ballistic Missile programs which now posed an urgent threat to the United States. Moreover, the apparent speed in which the advancements have occurred are challenging the security structure across east asia creating dangerous instability in the region and that instability will lik
Financial intelligence of the department of the treasury where he focused on illicit finance. And so we welcome both our witnesses to the committee. Without objection, the witnesses for prepared statements are going to be made a part of the record and all members here will have five calendar days to submit any statements or additional questions or any extraneous material for the record. With that, i would suggest and would begin with you if you could summarize your remarks and then we will go to questions. Thank you very much, mr. Chairman. Ranking member angle, members of the committee, thank you for the opportunity to appear before you today to discuss the ever increasing challenge that north korea poses. The threat posed by the Ballistic Missile and Nuclear Program is grave. Six Nuclear Tests on september 3 is an unacceptable provocation that ignores repeated calls from the International Community for a change in their behavior. It followed the august 28 Ballistic Missile launch tha