The dow and s p closing at new highs for 2016 and what stood out was an outperformance in tech and financials. Salesforce, action vision, metlife, bancorp, they lead us higher. What say you . I will say this. Earnings expectations have been beaten down so much in tech and i say to you if theres any shed of light whatsoever those that have, you know, that are beating have been rewarded by it as far as guidance is concerned. Look to guidance. If guidance is better. Companies are getting rewarded for that and youll see that in the performance of names and i look at the semis and they have been beaten down so much. Mike ron is a name trading up after hours, a stock thats washed out and i say its probably taking a look at on the buy side. Bar is low for financials. Terrible on financials, and i think at this point its worth at least taking notes so ive said a handful of times even in the last few weeks im not a buyer for financials because i think they are cheap and not because they are goi
Divide at the Federal Reserve. But we do begin with fears about the worlds biggest retailer. Shares of walmart tanking right now after cutting its threeyear outlook. Were currently down by 8. 3 at 61. 16 a share. Walmart executives meeting with analysts at this hour, as we mentioned, and Courtney Reagan has all the details of it. Hi there. Walmart investor meeting, the analyst q a wrapping up, the group asking for more clarify on the warning on longterm guidance but not much more clarity was given. Executives highlighting that the Major Investments they continue to make for the earnings per share impact. Fiscal year 2016. Walmart now expecting sales growth to be flat due to Foreign Exchange impact. Also for 2016, reiterating the earnings per share guidance of 440 to 470 but 2017, thats when the he have yet guidance comes in. Eps down between 6 and 12 from prior year, walmarts guidance given. The impact really lies in the fiscal year 2017. Walmart says its the second year of heavy inves
And gives us light rain on monday. Temperatures in the mid50s with a high of 56 in new york city. Ill have the rest coming up in the accuweather sevenday forecast. A nasty morning as you said is in store for many parts of our area. It is drizzly, damp, and chilly outside. People in new jersey are dealing with high winds and flooding on top of everything. Shelters on standby in case the governor calls for mandatory evacuations. Eyewitness News Reporter kala rama joins us live from sea bright new jersey with what it looks like there this morning. Reporter michelle, good morning, it is a real warm drink kind of morning. Stay inside your home. It is raw out here. Its been misting all morning long, and the wind is just starting to kick up. Luckily its died down from yesterday morning and yesterday all day even overnight it was whipping winds here. Let me show you some of the debris left people took notice here and sort of cleaned up their yards, but you can see a heavy potted plant turned o
People running towards it. People running away from it. Rival gangs being blamed. The instigation into how it all started this morning. And spotlight on the s. A. G. Awards. The cast of spotlight. The big winners overnight. No way. Actors honoring their own and taking a few jabs s oscar. Welcome to diverse tv. The biggest moments of the night. And the behindthescenes sitdowns with the winners. What you didnt see on stage. Hey, good morning. Tminus one day until the iowa caucuses. Theres the countdown clock. This could be a huge moment. In what has been a wild and unpredictable campaign. This morning, a new poll, from the Des Moines Register and blmberg politics. Look at this. Donald trump in the lead in iowa. Followed by ted cruz and marco rubio. And on the democratic side, sanders three points, which is within the margin of error. This is a close one. Oh, so close. Overnight, the clinton family. Out in full force. Look at this. Tweeting a selfie if back sage. There was donald trump wi
At the National Western complex. Shots fired. One person killed. More wounded. People sent running for cover. People ducking down. People running towards it. People running away from it. Rival gangs being blamed. The investigation into how it all started this morning. And, spotlight on the s. A. G. Awards. The cast of spotlight. The big winners overnight. No way. Actors honoring their own and taking a few jabs at oscar. Welcome to diverse tv. The biggest moments of the night. And the behindthescenes sitdowns with the winners. What you didnt see on stage. Hey, good morning. Tminus one day until the iowa caucuses. Theres the countdown clock. This could be a huge moment. In what has been a wild and unpredictable campaign. This morning, a new poll, from the Des Moines Register and bloomberg politics. Look at this. Lead in iowa. Followed by ted cruz and marco rubio. And on the democratic side, Hillary Clinton leading Bernie Sanders by three points, which is within the margin of error. This