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Reporting a 57 drop in Second Quarter profit as production slide. Change of feelings in j. C. P. Bouncing back after falling yesterday. The retailer refuting published reports about cuts in its financing. And whole foods beats on earnings but the sales growth misses expectation. Well talk to the coceo walter robb later this hour. First up, coming off an upbeat july, futures show a strong august adding to the positive sentiment, claims lowest level since early 2008. Not participating, though, is exxon. The dow component with an earnings miss. Profits falling 57 in the Second Quarter. The Conference Calls not until 11 00, jim, but there were no big onetime items. A little confusing . Exxons become a very plodding company. I always like to rate the Oil Companies by the Production Growth because in the end the companies can be growth stocks. Eog, how can you compare the two . Were a Global Company but you get lots of cash generation from exxon. You got 4 billion in buybacks. They spend for
Allstar la allstar lineup of our own. Bob kraft of the patriots. The star Quarterback Tom Brady, Jonathan Tish and Woody Johnson. And the nfls commissioner Roger Goodell and the show will be building all morning to our newsmaker of the day, cbs president and Ceo Les Moonves, very interesting to hear from him, particularly after this news of settling with time warner. It is a pretty big lineup this morning. We have Corporate News this morning to talk about. Bank of america is selling its remaining stake in china construction bank. It did that for 1. 5 billion. B of a ending the 8yearold investment and making a lot of money in the process. Generated a paper profit more than five times the original cost. Also in the news this morning, jpmorgan and two former bear stearns managers have won the dismissal of a lawsuit. Bank of america had accused them of causing heavy losses by lying in a desperate bid to prop up with failed hedge funds. We have a lot of wall street legal news. Jpmorgan agre
Tisch grandson leaves Millennium to launch new hedge fund hedgeweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hedgeweek.com Daily Mail and Mail on Sunday newspapers.
In the week ending December 01st 2023, Citco said that the hedge funds saw performance dip once again in October, continuing the recent downward trend, with an overall weighted average return of -0.4% that matched September's figure, according to