Both engines of the u. S. Economy running at full steam. As for the stock market, were seeing a mixed picture. Ny gain would be a record the s p and nasdaq are seeing some weakness here, individual stocks seeing weakness, having to do with earnings. 3 . Ave pepsi, sales down the shares are pairing their decline. Earnings beat estimates. Sales are weaker. Digging more into that and our stock of the hour segment. One of the worst performers in the s p 500 has paired some of its decline. That company posting sales that missed estimates as well. The ceo is making more optimistic comments. And office depot fell 78 . This is a preliminary view as the Company Looks to make an acquisition. It is going to buy congee column compucom. We are also watching the situation in puerto rico, in the wake that puerto ricos debt would be wiped out even as his budget chief says those, should not be taken literally. Here in the bond insurers seen in steep decline. Cells themselves self plunged. Record low he
Weaker looking at europe this morning, the early trading taking place, at least at this hour things are flat there the dax is slightly higher, the cac and ftse are slightly lower. Spain up by a tenth of a percentage point crude oil prices were up yesterday to a twoweek high, up at 51. 87 this morning those gains continue with wti for november delivery up by 21 cents to 52. 08. Wow dow component United Health is reporting. Stock has been on a tear for years, right in fact, the stock getting close to a new high, 1 186 billion market cap, almost 1 187 billion market cap reporting 266 a share. Thats tencents above expectation. For the year, they see 2017 adjusted net at 10. Medical loss rates, they call it Something Different now. They call it medical care ratio, 81. 4 thats like the inverse of profit margin. Revenue, 50. 32 billion you cant necessarily compare apples to apples, i like the earnings per share or the earnings increase. 26 . 26 earnings increase. That is what do you do with t
On sunday officials noted a hole in that spillway is more water flowed into the lake. They thought it would fail so they issued an emergency evacuation for nearly 200 they thought it would fail so they issued an emergency evacuation for nearly 200,000 people. Extended beyond butte county in to sumter county. As they urge people in low lying areas to move to higher ground. The governor. Issued an emergency order. Experts are emphasizing the orville dam is not in danger. They want to stress the problem is erosion on the emergency spillway. Water Officials Say they need to lower the level lake by 50 feet in the next few days to prepare for another storm. With so many People Living below the orville down order to leave their homes nearby Evacuation Centers are filling up. Alex savage is now in chico this morning where some people are saying at the fairgrounds. Reporter we are at the Silver Dollar fairgrounds in the town of chico. We just got here a short time ago. This is the parking lot b
Rose welcome to the program. We begin this evening with the confirmation hearings for judge neil gorsuch, and we talk to emily bazelon. She writes for the New York Times magazine and is a senior fellow at the Yale Law School. One question is whether the democrats have the kind of ammunition they need to justify voting against judge gorsuch as a person, as opposed to as a symbol of the Trump Administration or as, in the democrats view, the unwarranted, undeserved replacement for merrick garland, obamas failed Supreme Court nomination. Hes not giving them a whole lot of obvious talking points. So it will be interesting to see how that plays as they decide how to vote, and i would assume that the republicans are feel very good about this choice. Rose we continue with a look at the possibility of the passage of the relament of obamacare of the replacement of obamacare. We talk to al hunt of Bloomberg View and robert costa of the washington post. When the president visited the capitol Tuesd
Rose welcome to the program. We begin this evening with the confirmation hearings for judge neil gorsuch, and we talk to emily bazelon. She writes for the New York Times magazine and is a senior fellow at the Yale Law School. One question is whether the democrats have the kind of ammunition they need to justify voting against judge gorsuch as a person, as opposed to as a symbol of the Trump Administration or as, in the democrats view, the unwarranted, undeserved replacement for merrick garland, obamas failed Supreme Court nomination. Hes not giving them a whole lot of obvious talking points. So it will be interesting to see how that plays as they decide how to vote, and i would assume that the republicans are feel very good about this choice. Rose we continue with a look at the possibility of the passage of the relament of obamacare of the replacement of obamacare. We talk to al hunt of Bloomberg View and robert costa of the washington post. When the president visited the capitol Tuesd