Dividends and buy backs for all major u. S. Banks financials rise ago cross the board in the free market. Drops its bid to buy rite aid buying stores instead. Rite aid shares are plunging because its future is called into question. Blue apron at the low end of a lowered range. The Amazon Effect and signals for an already slow year for ipos first up though stocks are looking to maintain upward momentum after the nasdaqs best day of the year and the saeps best day since april financials doing their part after the fed approved capital return requests for 34 of the largest u. S. Banks a lot of the hikes and capital returns that we saw yesterday mostly above expectations. The market just figured this out. Its been so well telegraphed that theres going to be good news but managements and boards and banks themselves were more aggressive on the buy back and dividend intentions and they all got approved i also think you cant separate it from bond yields. So its good news on capital return there
Of betsy devos. We know at least two republican senators intend to vote against the nominee, meaning that Vice President mike pence would need to come to capitol hill to cast the tiebreaking vote and that would be the first time that Vice President broke a tie in a cabinet confirmation. President trump tweeted about the devos nomination earlier today saying, senate dems protest keep the failed status quo. Betsy devos is a reformer. She will be a great education secretary for our kids. That Senate Confirmation vote will take place at noon eastern time today and you can watch it live on our companion network cspan2. And from here we go to House Armed Services committee with a state on the military. This started just a short time ago. They watched our fighting and theyre preparing their forces. We need to me pair to fight any adversary. Were extremely good today and are ready to fight in the middle east. Against violent extremists but we need to fight against any adversary. We need more f
Committee will come to order. Last week, the Committee Held classified and unclassified sessions on the state of the world or more accurately, the state of the world environment in which the American Military must operate and u. S. National security must be protected. I was struck by the essential point general petraeus made that we face many threats and can overcome any of them except perhaps what we do to ourselves. Today, we turn to the state of the u. S. Military. I continue to be concerned and sometimes even disturbed by evidence that is accumulating on the damage inflicted upon our military in recent years and the stresses our forces are under. That damage comes from a variety of factors including budget cuts of 20 , continuing resolutions, the failure to recognize or at least admit and then address mounting readiness problems as well as the shrinking size of the force while keeping the tempo of operations high. There is certainly plenty of blame to go around between both parties
Committee will come to order. Last week, the Committee Held classified and unclassified sessions on the state of the world or more accurately, the state of the world environment in which the American Military must operate and u. S. National security must be protected. I was struck by the essential point general petraeus made that we face many threats and can overcome any of them except perhaps what we do to ourselves. Today, we turn to the state of the u. S. Military. I continue to be concerned and sometimes even disturbed by evidence that is accumulating on the damage inflicted upon our military in recent years and the stresses our forces are under. That damage comes from a variety of factors including budget cuts of 20 , continuing resolutions, the failure to recognize or at least admit and then address mounting readiness problems as well as the shrinking size of the force while keeping the tempo of operations high. There is certainly plenty of blame to go around between both parties
Committee will come to order. Last week, the Committee Held classified and unclassified sessions on the state of the world or more accurately, the state of the world environment in which the American Military must operate and u. S. National security must be protected. I was struck by the essential point general petraeus made that we face many threats and can overcome any of them except perhaps what we do to ourselves. Today, we turn to the state of the u. S. Military. I continue to be concerned and sometimes even disturbed by evidence that is accumulating on the damage inflicted upon our military in recent years and the stresses our forces are under. That damage comes from a variety of factors including budget cuts of 20 , continuing resolutions, the failure to recognize or at least admit and then address mounting readiness problems as well as the shrinking size of the force while keeping the tempo of operations high. There is certainly plenty of blame to go around between both parties