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Nest nestle im morgan brennan. That news on boeing is shaving about 100 points off the dow concerns about the china coronavirus are frustrating emerging markets Software Stocks did help the nasdaq hit an intraday all time high earlier joining us for the hour is steve weiss. Great to have you. We certainly have seen major averages take a leg lower between this first confirmed case of the coronavirus here in the u. S. And then this news from boeing pushing out its forecast for return to service to the summer you still invested in boeing so i said on the halftime report, i think thursday, i told just about a tag into my position that morning then the news hit later in the day. Now we get a statement i was looking at it this morning. You hate to be reminded youre losing money i figure if the stock, when the max goes back stock maybe misses on the first 10 but i wont have to deal with that and losing capital heres the statement from t ....
Billion due to serious improprieties and misrepresentations and disclosure failures that occurred prior to its purchase by Hewlett Packard. In other words, its fraud. After autonomys founder and ceo Michael Lynch was fired by meg whitman, sources close to the company tell me a Senior Executive from autonomy came forward with evidence of widespread accounting misrepresentations that occurred before it was bought by hp. Hp began an investigation and concluded that these accounting improprieties inflated the value by 5. 3 billion. The ceo then relied on audited financials when making a bid to buy the company. Those financials were audited but there were plenty of investors out there who questioned autonomys growth rate. Sources close to the company allege that autonomy pursued a number of avenues to make margins, growth r ....
The light and target talks about consumers, higher taxes, unemployment, really looking to the gradual economy as one of the reasons theyre not meeting their profits. Adam following breaking news in the Senate Voting to adopt the socalled nuclear option, changing the rules when it comes to filibuster. Rich edson in washington with how this could have implications on the confirmation of janet yellen to become the next head of the fed. Of the senate had voted this morning on Janet Yellens nomination the chair of the Federal Reserve she would have likely needed 60 votes. Now she only needs 51 and that is the case for any of the president s executive nominees for federal judges. Harry reid has just exercise the nuclear option, changing the rules of the u. S. Senate. Democrats say republicans of blocked president obamas judicia ....
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