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
As the government buys, everybody else tries to exit and essentially, the only big buyer left in china is the chinese central government. You have five dow stocks now in bear territory and meaning theyve fallen 20 from the highs. Walmart, disney, apple, exxonmobil, intel. Structurally, legally, in terms of work force, the United States is in the best positioned economy in the world to get through all of this and prosper. The fed is absolutely to blame for this. They have managed this terribly from the beginning and the markets have taken it into their own hands. Prices have to adjust to the economic reality in the United States and europe and china and the question i have, stuart, will the fed allow that to happen . That was yesterday. This is now. Doesnt is look different . The futures indicate a gain of 500 points right there at the opening bell. Again, i have to caution, nobody knows how this thing will end. We can tell its going to be up big at the opening, the ending is another st
Immigration and you will see that, too. Varney company is about to begin. You know, watch out, the way it opens is not necessarily the way it closes. What happens in dow, nasdaq and s p futures is not directly to the equity equities. Theres too much damage shortterm to really have it correct itself just in a few days or a few weeks. Its probably going to take months. In the last half hour of trade, things start to change and move so you cant really judge from this pathetic, according to stuart, 362 point gain. Stuart disappointing. Disappointing. Stuart i didnt say pathetic, i said disappointing and i think ive got it right. And that was yesterday, what a rotten day. Look at it today. Dow futures point to a 350 point rally at the opening bell. Now well bring you big names poised to open and how those big names are going to open. Look at netflix, up about 3 , 29 minutes from now. Apple also up about 3 , 29 minutes from now, but still only at 106 for apple. The high was in the 130s. Wher
Some entertainment. Roll the trump video, please. I dont care a toupee, its my hair. It is. Please, please. Yes, i believe it is. So the news media, anybody want by the way, theres more in there, but i dont want to report it. Hey, im just showing the stuff in the front. I dont have to go back. First out of the block, take a look where facebook will open today. About unchanged from yesterday, but its been a very big week for the stock and for the company. Please listen to this. On monday, one billion people logged on, thats a milestone, that means one in one day, one in every seven people on the planet were on facebook. Now this. Aljazeera reported that story like this. Six out of seven people did not use facebook on monday. [laughter] just sometimes. Look at the futures market. Well be down 120 odd points when the market opens, 28 minutes from now. But were at 16,500, a long way from where we were say on monday afternoon. Look at apple, they are the masters of hype and we will have mor
Wish to address the board of education please fill out a speakers prior to the item being called and present it to ms. Casco and importantly according to the board of education speakers will not be accepted for items before the board item b superintendant report superintendent carranza good evening to everybody listening or joining us in person in evening a few announcements this ooefg evening first of all, i along with the staff and School Districts across the statistic is looking for the record or forwards to the smallest balance on how the students mafrtsd the common core standards hoping to see a positive trend the common core start of our curriculum number two the professional development and training of our staff and 3 the use of data to drive the improvements throughout our schools although the relatives are yes, maam bargained and the staff looks at the result im very proud of the work our teachers and paraprofessionals, our principals and the assistant programs in the school d