Stocks this year some are up more than 90 . Will investors ride the rally on into 2018 . Weve got your gaming playbook power lunch begins right now. Right now we are lower today across the board, albeit slightly telecom is leading and ralph lauren, Dollar General and target are among the top perform earns. Goldman sachs is seeing Current Quarter earnings reduced by 5 billion due to the new tax law on the verge of ending as the best performing down stock with a 90 gain, crude is holding above 60 a barrel and could end the year above that mark for the First Time Since 2013 now, with only three hours left in the trading year, the down track for roughly a 25 gain, that is around 5,000 points in one year the New York Stock Exchange is here with more facts and figures on a great year for stocks hello. Hello the big question is, will the news continue into 2018 . There was a lot of it. The s p rose 20 , the best return since 2013 when it rose 32 , just about a perfect market everywhere the s
Ban rapid fire devices like those used in last years massacre in las vegas. A band could start a legal battle with gunmakers. Paul manafort and rick gates were indicted for a second time. The new charges include failing to report incomes, to the tax authorities and bank fraud. It could put additional pressure on them to cooperate. The late reverend billy graham will be brought to the u. S. Capitol where he will line honor in the rotunda until thursday, march 1. Graham died yesterday at the age of 99. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am Alisa Parenti and this is bloomberg. Emily i am emily chang and this is Bloomberg Technology. Coming up earnings season , continues. We will break down the results at Hp Enterprise at hp inc. Another spacex rocket blasts into outer space. How this launch brings elon musks vision of if after internet one step closer to reality. We lay out the game plan and the upgrades on tap for
Numbers, plus his thoughts on the minimum wage. Well see how those new oreo donuts are selling. Fbi cracking down on chinese corporate espionage. The economic bellwethers, caterpillar, 3m moving lower on the back of earnings. Caterpillar ceo was on squawk box earlier and spoke to the global head winds holding back not only the economy but his own business. For us to drive sales and drive employment we need 2. 5 to 3 . Having said that we are doing an awful lot of things internally to make sure we are strong strengthening our company for the future. Its all those things. Weve got oil price cut in half. Commodities are at their lowest for quite a few years. Global growth is slow. All those things combine for a lot of winds buffeting around right now in front of us. Joining us for reaction and how it impacts company our team. Doug isnt the only one warning about the Global Economy and actually showing the results from weakness in china, in brazil, russia and in india. Clearly, this is sha
We got three reporters covering it all there. Phil lebeau on the cars and the crash tests. Housing, diana olick and the economy, steve leisman. But we do start with phil and these new crash tests on the ford f150. Give us more details, phil. Mandy this is a mixed review from the Insurance Institute for highway safety. Look at the crash test video. The good news for ford and for f150 owners they tested two versions of the truck, the super crew version which is the most popular version, all good ratings across the board. Extended cab, four good ratings but one acceptable citing injuries to the driver. Ford says it is making changes in the extended cab for 2016 to ensure that it passes all of the safety tests. But heres the negative news in this review by the iihs. It has to do with the cost of repairing the aluminum panels on the f150. They say those repair costs could be 26 more than the old repairs against a steel panel version. They say that repairing aluminum is timelier or takes mor
Again. Bob iger joins us in a few moments. Apple looks set to continue. But Merrill Lynch adding insult to injury. And tonight tesla and fitbit coming out. But first up disney reported better than expected earnings. But they were hurt by slowed growth at the International Theme parks but still up more than 20 so far this year. And well have an exclusive interview with bob iger in just a few moments from now. Jim, you were up very early reading through the quarter, reading transcripts, i assume. You said today is the bears day. Well, i think a lot of it is selfinflicted pi disney. They gave a prediction which was a high single digit projection for cable. Its about 42 of their business and they missed the projection. When you set a benchmark and you underperform, even if its not as important as other things, you have to take the pain. And theyre getting punished for that. But lets find out. I mean, he certainly knows more. And for joining us is bob iger, lets go to it. You gave us three