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Traffic on the 5s at 7 0 5. Good Tuesday Morning everybody imal mall. Im steve chenevey. Welcome to fox5 news morning temperatures in the 20s in many areas this morning. Boy were they heating it upen the extort. That incredible finish from National Championship game. Villanova kris jenkins sorry about that well try get that shot set up for you. Nailed a three pointer second left in the game. Gonzaga High School Graduate. Thats ryan passing to jenkins and jenkins with the three and he graduated from gonzaga in the district. Bob barnard is there at the cool this morning. Well have a live report from him in a couple minutes. All right. Now to a ditching story here at home fairfax country. Stabbing near a mow till along route 1 talking about Virginia Lodge ....
They were disappointing but not so disappointing as to panic us into selling. I am talking about the earnings reports weve been getting every day that would normally produce a cascade of sales but is producing the opposite this time around. And thats been the theme of this entire earnings season when it comes to the industrials, the banks, and oil stocks, a huge part of the market. That explains a lot of the moves weve been seeing today. Where is this counterintuitive pattern most evident . The Big International companies. The ones that make the heavy equipment and capital goods. Lets talk about a storied industrial, Emerson Electric. It reported one of the most sad sack numbers i can ever recall from what is a Great American powerhouse. Sales down 9 . Earnings share off 15 . Took my breath away. That wasnt enough. ....
A cascade of sales but is producing the opposite this time around. And thats been the theme of this entire earnings season when it comes to the industrials, the banks, and oil stocks, a huge part of the market. That explains a lot of the moves weve been seeing today. Where is this counterintuitive pattern most evident . The Big International companies. The ones that make the heavy equipment and capital goods. Lets talk about a storied industrial, Emerson Electric. It reported one of the most sad sack numbers i can ever recall from what is a Great American powerhouse. Sales down 9 . Earnings share off 15 . Took my breath away. That wasnt enough. The ceo, a bankable fellow, took away any hope for the future of emerson stock when he said, we expect difficult markets to continue through at least the first half of fiscal ....
A cascade of sales but is producing the opposite this time around. And thats been the theme of this entire earnings season when it comes to o e industrials, the banks, and oil stocks, a huge part of the market. That explains a lot of the moves weve been seeing today. Where is this counterintuitive pattern most evident . The Big International companies. The ones that make the heavy equipment and catal goods. Lets talk abo a storied industrial, Emerson Electric. It reported one of the most sad sack numbers i can ever recall from what is a Great American powerhouse. Sales down 9 . Earnings share off 15 . Took my breath away. That wasnt enough. The ceo, a bankable fellow, took away any hope for the future of emerson stock when he saqd, we expect difficult markets to continue through at least the first half of fiscal 201 ....
Around. And thats been the theme of this entire earnings season when it comes to the industrials, the banks, and oil stocks, a huge part of the market. That explains a lot of the moves weve been seeing today. Where is this counterintuitive pattern most evident . The Big International companies. The ones that make the heavy equipment and capital goods. Lets talk about a storied industrial, Emerson Electric. It reported one of the most sad sack numbers i can ever recall from what is a Great American powerhouse. Sales down 9 . Earnings share off 15 . Took my breath away. That wasnt enough. The ceo, a bankable fellow, took away any hope for the future of emerson stock when he said, we expect difficult markets to continue through at least the i mean, are you kidding me . Thats awful. Devastating. But apparently not so aw ....