Morning. Where oil prices could be headed next, in a moment. Shares of hewlettpackard enterprises rallying on a report this afternoon that private equity firms may be targeting it for a buyout. Well hear from the reporter that broke that story in a few minutes. Lets start with earnings trouble in the oil patch. Bob pisani, big misses for chevron, as well. Yeah. Enormous write down. The stock prices right to the actual numbers here. Exxon and chevron both reported much bigger missing than anticipated. In the case of chevron, reported an enormous write down. 2. 8 billion for projects just not economically viable at the current price of oil an apparently they dont think viable for a listening time to come if ever here. You see price reactions fairly modest. Let me explain the pickle a lot of Big Oil Companies are. And use exxon as an example. Cash flow 4. 5 billion. Care enough. The Capital Spending 5. 2 billion and the Capital Spending is more than the cash flow theyre getting. They have
Stoning if you happen to be gay. The government of brunei also stands to be one of the biggest beneficiaries of hillarys transpacific partnership, which she would absolutely approve if given the chance. Hillary clintons book, and just think of this, the book talks about it, but hillary took 25 million from saudi arabia, and much more from others where being gay is also punishable by death. Hillary took millions from many countries who horribly abuse women and the lggt siismt zents, to cover up the dealings, hillary el lylely stashed he state Department Emails on a private server. It seems like nothing is going to happen even though people who have done similar things but at a much lower level irtheir lives have been destroyed. Its a rigged system, folks, its a rigged system. Then there are the 33,000 emails that she deleted while we may not know whats in those deleted emails, our enemies probably know every single one of them. So they probably now have a blackmail file over someone who
London, big day from politics, varney company, were about to begin. A record breaking goal number 55. And everybody on the field thought he was going over. That was just one of four goal that argentina scored against the usa in the copa finals in houston. A disappointing end to the tournament for the United States. Lionel messi arguably the best player. Argentina moves to the finals. Lets look at the markets ahead of the british vote tomorrow. Weve been in anxiety mode here. There is your Dow Jones Industrial average, maybe up a fraction, the s p 500 also perhaps up a fraction. Ov oil the last few days high school been interesting. And flight to safety and the 10year yield going down and down and down reflecting a tremendous amount of angst. I want to discuss it with art laffer. Art, you know, art, we keep hearing that the vote itself, i think initially, it was about sovereignty, i think to a degree about the idea of unelected bureaucrats from brussels telling the english people what t
Electing Hillary Clinton will be like giving barack obama a third term. T and why they feel that donald trump is the right choice for the white house. Many local Republican Leaders say that Hillary Clinton would , that was the ica focus today, as the gop president ial nominee received his first a classified briefing today. Small group of lawmakers gathered outside of John Marshall high school where Hillary Clinton was talking about the economy and said that they feel her policies will not work , they say look at the la seven half years under Presiden Obama and how those policies and ideas failed, Trump Supporters say that the time for being politically correct to an expired not only with his ideas make america safer but his economic plan with less regulation and lower taxes will provide growth h hes and only through growth that we can ensure a proposals m same old same old t would just perpetrate the hard times. To raise the minimum wage and country has had enough of thatm. I am the da
25 Storm Tracker chief meteorologist kevin lemanowicz, who is keeping a very close eye on the storms path to our coast. Kevin going to come up the coast, vanessa. The question is, will it come far enough north to bring us this rain and wind. We wouldnt get the winds that youre seeing hurricane strength. We could see Tropical Storm force winds. Now this is the center of the storm. Its moving up toward that big bend of florida here. Panama city is actually on what would be considered the weaker wind side of the storm, and its still looking that bad in the video you were showing. Live video, 75mileperhour winds from hermine right now hand moving off towa florida, if youre familiar with that part of the world, by 2 00 a. M. , its on shore. Look at the winds, 80 Miles Per Hour, weakening to Tropical Storm status, charleston and savannah overnight and through the day tomorrow and myrtle beach at 2 . A. A, passing by there 2 00 a. M. , passing by there. Its interacting with land, it becomes n