Iture looks li donald trump rsus hillarylinton in novemb. Look at this. You arare abt to see the rlds Top Technology comny lose about 50 bilon worth of valu apple is sliding. But wait, he comes facebook. Ter a string of misses, wer going to find out if a social network can rescue big th. Polics and money, thats what we do. A big show for you. Varney company iabout to gin. T e of the road thwords, i think ive got it, thats right. Oks like weve come to the d of the road. Od, the political road of urse, thats what were talking about. Donald t trump and hilla clinn, yes, they are the esumptivnominees. And theyre both pivotg toward that general eltiononn november. Theyre going after ch other. Our coverage othe stunning primaries in jt a moment. Fit, this. Ththend of the road for apples 13yeawinning stak, what a run it had and that stock will be down big today a drop in sas, a drop in revenue, no innotion, so here the question, at 95 or 6 a share, is it a b or are we ending much of the show
Over says our analyst. Tonight there are only 7. 5 trading days left this year so we are shopping for the best buys heading into the new year. Do you put more money into the names working or buy a loser at this point. Gee . Im a believer when you put money into things that were working. Losers were losers for a reason. And few play catchup into the next year. And the defense stocks, Lockheed Martin sold off since the alltime high a few weeks ago. But with a 3 dividend in a good valuation and the tail wind the space has behind it, i think you go to the best of breed in the sector that works and that is Lockheed Martin. Does the Election Year matter. In 08, obamas first administration, the defense stocks got crushed when he was elected and off to the race ever since. I said mig andy could be president of the United States and the defense stocks would go higher. They work in just about any administration right now. Tim, to you, first. Walmart. The company has had a few things go wrong and
Jessica rae coming up this morning on abc9 news. Well have the latest developments on the mass shooting in San Bernardino. Including plans for a new terror alert system. Jessica rae siouxlanders will soon see a price rise in how much they pay for garbage pick up. How much will it rise . The answer is coming up. Jessica rae plus. Weight watchers is undergoing a complete overhaul. With a new logo, app, and a new face of the company. These stories and more. On abc9 news this morning. Jessica rae as the investigation into the attack in San Bernardino continues. Homeland security chief jay johnson says a new terror alert system is on the way. Abcs karin caifa has the very latest. With terror threats on the minds of security secretary jeh johnson says he will roll out a new terror alert system, in the coming days. sec. Jeh johnson, department of Homeland Security i believe that we need to do a better job of informing the public at large at what we are seeing, removing some of the mystery abo
Mild, too, with highs in the mid 40s to around 50 this afternoon. The mild weather continues the rest of the week. Ill have thaaforecast in a few minutes. New this morning. An air france light from San Francisco to paris was diverted aftereran anonymous threat. The airline calls it a precaution and landed just before midnight in canada. Everyone is ok and an investigigtion is now underway. South african olympian Oscar Pistorius was in court this morning to apply for bail. This comes after an Appeals Court found him guilty of murder for shooting his girlfriend to death. A spokeswoman said pistorius ay be given a sentencing date during todays hearing. New into the newsroom, we just found out he has been granted bail. 35 years ago today john lennon the beatles co founder was shot in front of his manhattan apartment building. His kille is still in prison. Lennon, who together with Paul Mccartney fronted perhaps tt most influential rock bann in history. Its been almost three years since hun
Government deemed too big to fail. Im ali velshi, our special coverage of wealth in america, starts now. Follow the money in america and youll quickly find yourself on either coast. Silicon valley californias hotbed of Innovation Technology Silicon Valleys income is almost double that of the rest of the country. No company embodies the success and wealth of the valley more than apple. The value of apple stock this year topped 700 billion. Apples shares will rise says one analyst to the point where the company will be worth 1 trillion. Its no secret that apple is on such a roll. Chance he are, the person next to you is using a iphone. The company has sold half a billion iphones since introducing the phone. Most successful electronic product in history. Applesapples ceo, tim cook. Steve jobs could founded apple in 1976, his death from cancer in 2011, during his legendary run jobs was booted from the company, and even a genius, but he also earned a reputation as a bresh brash ego maniac.