Nebraska governor pete delivered the fourth and final state of the state address of the current term. It highlighted progress in tax reform, creation of new jobs and balancing the budget. Governor will seek reelection this year. This is half hour. Members of the legislator, chairman, distinguished guest, fellow nebraskans, friends and of course, our first lady, my lovely wife, suzanne. [applause] she always gets better applause than i do. Before i begin i want to recognize your newest member, senator teresa from omaha. She is a Small Business owner and involved in Early Childhood education and her background and experience will make a great contribution to this body. Welcome senator, i look forward to working with you. [applause] and to all of our senators congratulations on the commencement of the second session of the 100 and nebraskan legislator. Working together is in our dna and the hallmark of nebraskas nonpartisan legislator. In fact, leadership in working together is what has h
Americans are open for business and we are competitive once again. Thats the president making his case for u. S. Economic growth at the World Economic forum. Good friday morning, welcome to squawk on the street. I am Carl Quintanilla and jim cramer and david faber well have more on trade, the dollar and International Cooperation and we still have earnings to get to starbucks and intel both moving in different directions. The ceo of starbucks is also coming up with us a the president just finished at the World Economic forum in davos. He emphasized the new trade stance in his administration the United States will never turn an eye on economic planning these and other behaviors are harming businesses and destroying the Global Markets and harming businesses and workers around the globe went onto call regulations still taxation and talked about how it has been around the world. Americas first is not america alone. Look, i think that he made a great sales pitch for america. I think thats no
Twitter. Shares down 11 premarket after showing the worst growth rate ever. I spoke the outgoing Procter Gamble ceo yesterday. That coming up. Some disappointing guidance but first up twitter taking a hit despite beating expectations revenue up 61 in the user growth quarter. Interim ceo dorsey last night expressing his dissatisfaction during the Conference Call. Instant time lines and logged out experiences have not yet had meaningful impact on growing our participation. This is unacceptable and were not happy about it. We need to do three things. One, we need to ensure a more disciplined execution. Two, we need to simplify our service to deliver twitters value faster and three, we need to better communicate our value. Stock closed at 5 . Ended up down 11 after hours. The quote of the day, we do not expect to see sustained meaningful growth until we reach the mass market and we expect it to take a period of time. Thats what i spoke to the cfo about before we came on. And i put that to
Offal industrial conglomerate said the changes on the same call he apologized for the companys performance. So far this year shares of this widely owned stock are down 40 . Today after announcing ges turnaround strategy, the stock lost 7 of its value on very heavy volume. The worst day since 2009. Morgan brennan takes a look at the road ahe cut dividend, cut guidance, cut assets, those cuts are the crux of general electrics new strategy under sdwraun flannery. Today flannery outlined big changes for the struggling industrial giant. Going forward, we really have to focus on how we can create the most value of portfolio of assets we have for the owners, and well do that with a very dispassionate eye. Reporter ges dividend was cut today, reduced by half, as the new ceo looks to drum up cash and remake the company. Ge has long been bought for the payout, with about 40 of shareholders retail investors, many dependent on the income. Still the move was widely expected. What wasnt was the guid
Democrats claim victory on the new 100 spending bill. And president and his team saying not so fast, have you it wrong, and misleading the american people. First this, apple shares sinking about 2 after hours. We head to Laurie Rothman on the floor of the new york stock exchange. Reporter a big disappointment. Three key misses. Slightly on revenue. This was a huge surprise, this is seasonaly weak quarter for apple iphone sales just before the unveiling of the next version of key product. 50. 8 Million Units, lower than 52. 25 Million Units apple was hoping to sell. Revenue guidance, 43 1 2 to 45 1 2 billion is the range, analysts were looking for upwards of 45. 6 billion dollars. We also learned that apples free cash glo cash flow swelled. If also announced a 50 billion capital return program. They will raise the dividend by 10 . Authorize a big Share Repurchase program. To enhance the share price. Which closed a record yesterday, alltime high before fading back today, and during the e