And you know, there really is an opportunity either around automobiles or Something Else that will create a next big thing, maybe not for a few years but i dont think at this point with a 2. 5 yield it makes any difference. The stock is up 3. 5 , the 13 filings are usually lagging indicators because the actions took place during the quarter. But you have icahn getting out, tepper getting out, berkshire getting in and we just got news that leon cooperman is getting in. Exactly. The buyers now, i think roger basically isolated the thesis here. Its not anybody who is claiming to have a great fundamental edge on exactly how many units are going to be sold or exactly what the trajectory of the next year or two will be for the business. Its about 45 billion or 50 billion in net income, give or take. It seems like a massive profit fool of a financially Stable Company and people are willing to say selling has gotten overdone. If you remember when carl icahn took his stake he had detailed proje
That gavel ever dropped wasnt there. Good evening everyone. Thats right after months of planning its finally begun. The Democratic National convention will last four days and promises to bring a lot of excitement and a few surprises, too. Theres also controversy that kicked offer the convention with the announcement of dnc chair Debbie Wasserman schultzs resignation. Outgoing democratic cleaver got boos at her florida delegation breakfast. This afternoon convention leaders said she would not gavel the convention to order. Wasserman schultz stepped down as chairman yesterday amid the scandal over those hacked emails suggesting the dnc took various measures to favoring Hillary Clinton over Bernie Sanders during the democratic primary. All right. From the controversy to the politics to the protests, and then theres the excessive heat. We got it all covered tonight with our Action News Team. Walter perez is live where protestors continue to march this evening. Ali gorman is live with how p
Scattered storms throughout the day. The 85 will feel more like 95. And it gets worse over the next few days. Well take a look at your ten day coming up. Right now lauren scala is here with the commute. Ill enjoy that i have better news than weather for once. Not too too many problems on the roads. There is an Accident Route 3 and 17. And then north at Grand Central parkway, also an accident here. Delays are a little worse, but again not too bad and well have more weather and traffic coming up on the 4s. Police are on the scene of a shooting in jersey city. Three hurt and two may be young students. Tracie strahan is at the scene. Reporter were working to confirm reports with the Hudson County Prosecutors Office that before midnight. Ill show you video of the Police Activity that remains here at the scene hours afterwards. Police going in and out of the Holy Ghost Tabernacle ministries. A man shot in the heard, other victims 16 and 12 years old. Were hearing those young girls are now re
Its south of fort belvoir a very small enclave of homes. Es very unusual that something seti like this would happen here. N h you see where the brighthe brigh lights are. Ligh theres a home on the lefts home side of the road here, this isei river drive, and it borders the potomac itself and that is i where police say they received a 911 call from someone insidem a residence there about thehe man who was found deceased inead the backyard. Bacar now, police used thehe terminology trauma to theolog upper body but we also know k that they heard gun shots and ad people in the area reported ror gun shots and so we can only o draw conclusions that perhaps that trauma to the upper bodytop was indeed a gunshot wound. Ou the man was taken out of here in an ambulance. He was pronounced dead at the hospital. Spal neighbors tells they believes that he is elderly probably intn his 80s and certainly nothingoi that they can imagine and nobody thinks at this pointhis o that it was some kind of a of a r
So this system is responsen for the moisture that youre seeing. Details are coming um. One of the busiest areas of downtown. Just after noon, police shot a man who jumped an officer and grabbed the officers gun. These pictures are from our abc 7 now community at the area that closed down just minutes after it happened. Market and 8th streets. Sky 7 hd shows us that area was closed for about two hours. Abc 7 News Reporter Wayne Friedman spoke with San Franciscos police chief about how all of this started. Wayne . Reporter San Franciscos fifth fatal shooting. A worker complained about a man tossing bottles in the street. It did not go well when police tried to arrest him. A a violent struggle ensued. Then, what would be a fatal mood. He said hes getting my gun. Hes got my gun, shoot him. Police found two bullet casings on the street. The suspect, who is described as a hispanic male in his 20s, died at the scene. Two of three officers went to local hospitals with facial injuries. Theyre b