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Transcripts For CNBC Squawk On The Street 20160218

Begins with walmart taking a hit after the company cut its Sales Outlook for the year. The ceo is saying theyre on firm grounds in the United States. Another component on the move, ibm getting an upgrade at Morgan Stanley. Just the beginning ever apples battle for privacy. Number of ceos weighing in, including google. Walmart, a Fourth Quarter, 149, beats estimates, but revenue u. S. Compss to a stronger dollar, store closures and battles theyre fighting in places like brazil. Now, look, maybe they felt like they had to cool expectations. Its just an under promise, i dont know. The outlook, first quarter, 1780, the eps for fiscal year 2017, 4 to 430 versus 17 consensus, revenue flat . Versus plus three or four. Although they say if not 44 in 3 to 4 . Is that an excuse or not . Geez, i dont know. Maybe the 6062, but i think it ran to 66, because there was a whisper there was a turn this corner and not just that it was in line, but a turn. Im a believer of what hes trying to do. But if w

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