Lebeau a moment ago on the airlines and he is back with breaking news regarding american. Take a look at shares of american, the airline is announcing starting on july 1st, starting next wednesday, it will fill its planes completely remember until now it has capped its load factor or the percentage of seats that it would fill on a plane, it would cap it at 70 . Thats going to end as of next wednesday, also adding about 1,000 flights to its schedule in july so this is american saying weve got more people flying, weve got more demand and its time for us to fill these planes all the way. They stress people are still going to be required to wear masks, they will still be pushing the fact that theyre sanitizing planes in between every flight, but the time has come for them to sell every seat, fill every seat and no longer guarantee its capped at a 70 load factor. Guys, this is a day with a lot of airline news between this, the unions asking for another bayout and the airline ceos meeting wi
Now say 135000 could die as the vision grows over keeping the country close and. It is real but it was not a reason to shut down the whole country i dont think the forum is ready. For my plan of. How to do this for the common. Good afternoon from moscow just to midday here and i think should company live from arties World News Center here its kevin owen with this 30 minute news round up for you and 1st the covert 900 figures as they stand this hour controlled infections around the world of no exceeded 3700000 the number of lives lost also continues its troubling rise is currently more than 258000 but the number of people who have recovered 2 from the illness is also soaring 1200000 people are well again. In todays developments president putin is set to chair meeting later on possible ways to lift the lockdown here in russia the National Norm working period currently runs till next monday may the 11th people hear of the promise that restrictions might be eased if the situations improve
This moment . Expert analysis how you should be positioning your portfolio. Has a deal within reached in washington for more stimulus . Could it be mean more testing and stimulus . Well have more and the answers coming up on making money. Charles markets down for a second day in a road. The hardest hit sectors are not oil. Technology stocks getting absolutely slammed today. We knew after this huge bounce a pullback was inevitable but how deep will it go . How should we be positioned for this . I want to bring in capital wave strategist shah gilani and Divine Capital ceo, dani hughes. Shah, let me start with you. That was amazing vshaped, sharp, strong, stock market recovery, more than probably anyone had anticipated but everyone knew we would pull back. This is part of it. How are you positioning yourself as some people made money buying on the first deep or eager looking at the second dip . If you were lucky enough to time that to get in i wasnt, good luck to you, but i would suggest
Debt as collateral for loans as eu leaders meet today to discuss a 2. 2 trillion revival plan. Loan provisions jump at Credit Suisse as the lender builds reserves to withstand the coronavirus pandemic. We will speak exclusively with the banks new ceo just after 9 00 a. M. Hopes forrs crafted higher profit in 2020. And the earnings deluge continues. Revenueetting hermes out, down 6. 5 percent, which does not seem quite so bad all things considered. Anna we are getting numbers out of unilever as well, so the earnings daily continues. Things not looking great for unilever. Delucia the earnings deluge continues. Growth of zero, so 0 . The estimate was of an increase and itr just over 2 , seems on pricing and on volume they missed estimates. Pricing looks to be lower than estimates and volume looks to be lower than estimates. That seems to be where we are on the top line. They are also saying they are withdrawing their previous 2020. Uidance First Quarter underlying sales slack, as i mentio
Any mutualization. Vonnie we are seeing a nice bounce for equities today. The dow in the s p both up 1. 5 to 1. 7 . The nasdaq up 2. 1 . All Industry Groups in the s p 500 higher, even though we are off our highs for the day. The one teetering on the edge is the home wherein transportation index, but they are basically flat to down 0. 1 or so. Some good earnings overnight. Many companies, including kimberlyclark, just getting rid of guidance altogether for the year because it is just impossible to know how the rest of the year is going to pan out. The likes of twoputt lake the likes of chipotle up, and Companies Like halliburton up. Diamondback up 8 , bouncing after getting absolutely hammered the last couple of days. Lets carry on the conversation about what is happening in the crude market, a big focus right now. Following that report on inventories. Weve also got the president s comments on what could happen the gulf when it comes to iranian boats. That is having an effect. Brent bo