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Wherever you find intense competition, investors run as fast as they can from the competition. But when you see a lessening of competition either from capacity shutdown or cut back, you have an opportunity, buy, buy, buy, buy, buy. In fact, competition defined the winners and losers in todays hohum session. Lets start with some winners. Because the performances were so stark they deserve to be called out right at the first of the show, for example, look at the stocks of the airlines today. First, there was the culmination of a series of mergers that left a fueumew major airlines. Obviously, supply came out of the doggy dog route, allowing airlines to raise prices. Less competition, a robust economy means everrising profits. Most airlines werent able to take advantage of the rise in prices to expand. They couldnt add enough capacity if they wanted to. But then 2015, the airlines added not only lots of planes, they tried to take advantage of higher prices by competing with each other, ju ....
Buy, buy. In fact, competition defined the winners and losers in todays hohum session. Lets start with some winners. Because the performances were so stark they deserve to be called out right at the first of the show, for example, look at the stocks of the airlines today. First, there was theul of a series of mergers that left a few major airlines. Obviously, supply came out of the doggy dog route, allowing airlines to raise prices. Less competition, a robust economy means everrising most airlines werent able to take advantage of the rise in prices to expand. They couldnt add enough capacity if they wanted to. But then 2015, the airlines added not only lots of planes, they tried to take advantage of higher prices by competing with each other, just like the old days. Well, the pricecutting led to lower earnings per share. Very few are interested in investing with those with stocks shrinking. The airlines became the singleworst sector to own in the market. The increase in terrorism overs ....
Throughout the evening. One of the three drifters charged in the murders of two people in the bay area has taken a plea deal. Sean engle agreed to a Second Degree murder conviction. He will testify against morrison and allgood. Charged in the murder of audrey carry killed in Golden Gate Park and steve carter killed in morein county. Engle would face a prison term of 15 years ago to life. If convicted langly and allgood face life without the possibility of parole. We are learning of a mega real estate deal involving tesla. The electronic car maker is gobbling up space in livermore, a couple of huge buildings near the airport. Mark kelley shows us how the car maker is expanding there. Mark. Reporter and allen, there is one of those massive buildings behind me. Now thats just one of them and tesla is planning on leasing space in possibly three of these buildings at the oaks log ....
Nations. Official number dow down 312 points near 313. At the live desk im scott macfarlane. Thanks. Right now it could be slow going for drivers in silver spring. These are live pictures near New Hampshire avenue. Crews shut down lanes because of a serious crash that involved a tractortrailer and two other vehicles. For much of the afternoon only a couple of lanes had been reopened. The rig jackknifed and hit the sound barrier wall. We are told three people were hurt. Chopper 4 captured this video of the wreck when it happened. Hazmat crews had to be called in to assess chemicals that spilled from the truck. One witness told Maryland State Police the truck was weaving before it crashed. She was slowly walking across a maryland street when a but came right at her. The woman was killed despite by standers trying to help her. Tracee wilkins has the crucial evidence that c ....
Today we are joined by some esteemed panelist skisll bro abuse tremendous briefly. Jonathan holloway is a professor and teen of yale college the author of a number of volumes, most importantly, jim crow wisdom were also joined by Marcus HunterMarcus Hunter holds appointments in africanamerican studies at yale and professor in sociology joining the attend of ucla this fall right . He is the author of the phenomenal back, black city makers. How the philadelphia anything grow changed urban america. Walter moseley is here. The phenomenal novelist, whose book [applause] whose books are too numerous to mention. So well move along to the wonderful, brilliant delightful, ammann any perry, the author of two major books on racial inequality in the United States and prophets of the hood politics politics and poetics in hiphop and fin ....