Still a lot of time between now and friday at 8 30 a. M. Eastern time. Weve got a lot to think about this week. Well go to andrew with todays top corporate stories. Good morning. Good morning, becky. We have a number of big corporate stories. Tomorrow gms Ceo Mary Barra is facing a Congressional Panel to try to get to the bottom of the automakers recall crisis. Shell be asked why it took so long for the company to identify and address ignition switch problems. Auto parts maker delphi told investigators gm approved ignition switches for cars that have now been linked to 12 deaths, even though the parts did not appear to meet the companys specifications. And according to a house memo, federal safety regulators decided not to initiate a formal investigation of problems with the ignition switches of chevrolet cobalts and other cars even after investigative groups reported it knew about 29 complaints, four fatal crashes and 14 field reports that showed the problem was preventing air bags fr
Reports breaking overnight that president obamas planning to address the nation this wednesday to outline his strategy for taking on the thre posed by isis. This after his meeting in wales last week where he said nine nato nations, plus australia, have pledged their support, and stand ready to assist in the fight against the Islamic State terrorist organization. The president also planning to meet with congressional leaders, this upcoming tuesday as they return. Congressman Lynn Westmoreland is a member of the house intelligence committee. He joins us right now. Congressman, good to have you on the program. Thank you for joining us. Well thank you, maria. Thanks for having me. Lets talk about the latest out of nato, and, of course, the president has said that the u. S. Will form a Core Coalition to counter isis. Whats your take on that . Well, i think the Coalition Partners are going to wait and see exactly what this president s strategy is. Wednesday when he makes the announcement. Of
Investing, underpromise and overdeliver. Its what all good managers of tremendous Growth Companies know to do. They rein in expectations, tamping them down so they can later blow them away. In short, they play u. P. O. D. The initials for underpromising and over delivery and its exactly what you need to get your growth stock trading at a much higher price. Hallelujah oh, but tim cook, the ceo of apple, apparently has never heard of upod, and because he doesnt know the meaning of the term the nasdaq gave it away even as the dow went in the s p climate at 1. 3 . Apples dreary iphone presentation yesterday, where we got more colors and more security, but no pizazz and no smart pricing to take on samsung, the current handset colossus, was the quintessential opposite of upod, hence why the stock dropped today. He somehow disdains it and he thinks that hes above it. It doesnt matter. What matters is that apple rules so shut up and love it if you disagree with us, hit the road as the analysts
Why does this continue to elude people . Why do the talking heads focus on fed tapering or even syria when what matters is the recovery in the two regions of the world that used to produce terrific earnings for so Many American companies and thats why the market rallied today. Sure, it helped that maybe there will be no war with syria, but wait a second. This was about international. The dow gaining 141 points including many of the International Companies in the dow. The nasdaq vaulting 1. 2 . Nasdaq 100, highest level since november of 2000. Hallelujah lets acknowledge that china and europe are returning, please. Why is that so hard . Weve had so much fabulous news out of china, excellent stories about target and infrastructure spending. 128 last time and that was like a 10 move. Now on top of all of this, a fantastic chinese export number, 7. 2 growth versus the 6 people were expecting. Just when so many people had given up on china reaccelerating, and so many others started to belie
Deliver. Its what all good managers of tremendous Growth Companies know to do. They rein in expectations, tapping them down so they can later blow them away. In short, they play, upod. The initials for underpromising delivery and its exactly what you need to get your growth stock trading at a much higher price. Hallelujah oh, but tim cook, the ceo of apple apparently has never heard of upod and because he doesnt know the meaning of the term the nasdaq gave it away each as the dow went in the s p climate at 1. 3 . Apples dreary iphone presentation yesterday, where we got more colors and more security, but no pizazz and no smart pricing to take on samsung, the current handset colossus was the quint essential opposite of,pod, and hence why the stock dropped today. He somehow disdains it and he thinks that hes above it. It doesnt what matters is that apple rules so shut up and love it if you disagree with us, hit the road as the analyst in three major firms did today when they dow d downgr