Stocks and a retreat from record highs in the premarket. Amex, nike, and apple are all leading the dow lower. Plus, a big change at the top of American Express. Ken shenalt is stepping down after 17 years at the helm and 30 years later, lessons for black monday for todays stock market as stocks continue to break new ground we are set to open lower after wednesdays rally, in which the dow closed above 23k for the first time in the meantime, two dow components out with Quarterly Results this morning verizon posted revenues above consensus, helped by some Strong Performance in smartphones travelers, better than expected results, although it did suffer 700 million in catastrophic losses related to the hurricanes, harvey and irma. This nike downgrade, guys, is going to take some wind out of the sails, too you know, its funny. I question the value add of the downgrade. Which is, by the way, goldman. And the reason i question the value added, theyve got a big Analyst Meeting come up. Its all
Were inside the limo. Four died and four others were seriously injured. The driver of the suv that struck the limo, steven romeo, was charged with dwi, but prosecutors say it played no role in the crash. Perfectly sober, steven romeo could not have avoided this crash. Reporter romeo was arraigned this afternoon and the grand jury indicted pino on assault and negligent homicide charges. It is our belief that the lines here between civil liability and criminal liability have been blurred. Reporter we are pleased with the indictment, said an attorney for one of the families. The family has been devastated by this loss and wants justice in this case. End quote. Several families have filed lawsuits in this case. If hes convicted of a top count in the indictment, negligent homicide, pino could face up to four years in state prison. N. J. Burkett, channel 7 right now we want to go to breaking news on the garden state parkway where theres an accident as you can see here causing big delays. Sha
At Shelton’s Mountain View Elementary School (Mt View), they recently launched a new type of vending machine to satisfy the mind instead of the munchies because it dispenses books in both English and Spanish for kids to keep.