Landing at 50. 79. Visa reporting a better than expected increase in earnings. Higher payments and the acquisition of visa europe helping results. Trading was choppy after the bell. Visas full year Growth Outlook was light of estimates. Stock lower by a quarter of a percent. Twitter planning job cuts that could be announced this week. The social network could terminate about 300 people. Thats the same percentage it cut last year when cofounder jack dorsey took over as choef. The news comes amidquestions about whats next for twitter. Bill miller was on Halftime Report yesterday. What twitters needs is an activist. I think an activist could make a difference there with respect to being on the board. That kind of thing. You have done a lot in your career. Maybe its time for that. No, not me. Twitter announcing it will change the release time of results to before the market opens on thursday. Originally it was scheduled to report after the bell on thursday. It wants to avoid conflicting wi
European equities everybody is keying off everybody. Again red arrows pretty much across the board and finally can you look at crude prices right now. Wti terrible session. When we were talking yesterday we were up 40 points in the morning. Funny way things happen. Theres sort of a premise and maybe its correct among democrats or people who favor hillary that trump would be a disaster for the stock market and sell off. Its funny when you see the market go down yesterday for whatever reason, uncertainty or whatever, it becomes oh, its uncertainty. You think its because maybe now trump can win . I wont go that far. Its uncertain. A Hillary Clinton win because more uncertain. Really in the past two days the likelihood of donald trump winning not two days. Five days. More than that. Two weeks. Whatever length of time you want to give it his chances have increased whether you think they are substantial or not clearly the market thinks they are substantial. And i have i know you disagree but
Students are getting the education they deserve. This is a large problem. Nearly a nearly 100 schools in detroit Public Schools, 60 Charter Schools in and around the city, 18 Educational Achievement schools, several adjacent charter and school districts, yet parents cannot find the quality education they seek. One of the issues is detroit Public Schools are in debt. By this summer it will be over 515 million in debt. To achieve the needed academic outcomes Financial Stability and detroit Public Schools must be achieved. Going1100 per student is to debt service, and not to classrooms. Problem lets solve this problem and help the kids. Prompt legislative action is needed to minimize the fiscal impact on both detroit, and the rest of michigan. The time to act is now. And avoid Court Intervention that could cost all this much more and be more detrimental. I want to thank senator hanson for the legislation and the input of many legislators that they provided over the last several months. I
Also, i am looking for tour conversation about our primaries and what they all mean to us because in a few weeks well be in the midst of it all. One one of the real questions i think is whether it will be a rare instance where this is a form policy election or an election that is driven in a large part by Foreign Policy rather than domestic issues. We have a number of experts with us today. Opens, charlie cook editor and publisher of the cook report, a colleague of mine, sam feist was senior vp of cnn who can entertain us with stories about organizing debates. , jim lindsay who is chair of the council. His long time partner. Well have an initial period where i lead a conversation but we will have ample time for you to ask your questions and make comments. I will get you out of here at 930 a. M. , as promised. I would remind you this is on the record, well simulcast of my casting this. This is not a typical cf our event where it is on what we call house rules. Let me start off by asking