Companies, two big disappointments and two stocks that carry a lot of weight. One of them the dow, the other the nasdaq, big blues Quarterly Report out after the market close was another in a long line of revenue misses, income continues to be hurt by sharp declines in hardware sales. Ibm earned 2. 54 a share, right along with predictions but revenue missed coming in at 22 and a half billion, less than expected. That sent shares initially lower in afterhours trading. Morgan brenner has been looking through the report and has more on that. So morgan, as you look through the numbers what do you see as the key takeaway from ibm. Well, ibm is one of the ones with the bigger numbers, but shares have continued to weigh on their growth, countries like brazil, china, revenue falling in those countries about 11 from a year ago. But none more so than china. So revenues in the worlds second largest economy actually fell about 20 from a year ago. That is as demand for servers and storage products
And by contributions to your pbs station from viewers like you. Thank you. Tavis joe biden arrived in kiev earlier today. Shootout in Eastern Ukraine left several people dead. Back with us to discuss the latest developments is robert english. Dr. English, good to have you back. I wish under different circumstances. Fallour hopes rise and when you heard about this fragile peace . Or did you not buy it from the beginning . My hopes rose and they are still up there. I do not think this spasm of violence is the end of the process. What joe biden says to the Ukrainian Government right now and back channel negotiations have good potential for diffusing things. Tavis what do you think joe biden will say . Publicly, he has to be tough, to provide moral support to the Ukrainian Government. Ivy league, he needs to tell them the process of privately, he needs to tell them the process takes greater account of the rights of these autonomous regions, it has to go forward. State. Is a unitary most pe
Benefits. Its a full package and we have a legal obligation. The board did its Due Diligence and i think the rate package you have is unbelievable rates. We have kept rates stable for the last 4 years. There have not been any significant increases. I think that thats significant to understand and thats still true even with this rate package. We need to keep the pressure on kaiser, no question, and we need to go for the transparentcy. This package affected thousands of lives. The extended bay area is not capable of absorbing 109,000 individuals who will need medical care if we cant continue to provide it. They cant even absorb the 40 thousand. The Affordable Care act is coming in and going to force them to try to absorb many more. Why should we put our employees in jeopardy for their health care and there is the retirees as well. I would urge you to consider the consequences, the full package, the members of the Health Services board and incredible staff as we worked very hard Going For
Thankful and lucky that we got 1. 5 percent without any explanation as to why kaiser is going to hold a gun to our head and say give us 15 million or no health care. I consider that to be an act of violence. My name is aheadey johnson. We work in psychiatric emergency services. We help people with case management. As you know workers got 1. 5 percent raise. We appreciate it but its not enough. We find it insulting that kaiser is gouging this money. Its a cut for us and cost more to work and live and buy food in this city. So we are demanding that you block the kaiser rate increase and give at least the 4. 5 increase to the workers to do valuable work in the city. Hello. Thank you for looking into this situation. Just an example of some of the work we do and why its important to get funded. One of our clients, hes in our program for a year with bipolar disorder and working at sf general. Before he went there, he would not speak. Because he started working there, they offer services to p
Billion dollar corporations continue to bill the hardworking people of america that are just scraping by and they dont want to have any accountability for raising their rates. Thats just unacceptable. You got to wonder why they are not doing that. Its pretty shady, dont you think. So what im here to testify is to block this increase and stand strong against this corporation because what happens time and again with these super billion dollar entities. People fold, people get scared, people freak and run away. We cant do that. So you are talking about peoples lives here. You are talking about already folks that are hardworking that arent getting the raises they deserve, having to put out more money . Its not okay. Please supervisors stand strong with this. We are here. We aint going anywhere. Thank you. Next speaker. Good afternoon, supervisors, my name is rebecca king, im the Public Health nurse with the city and county. I have been a kaiser member for 50 years. I very disappointed with