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So without ibm, we could have a positive day theoretically. Can you make up an excuse, deuation in markets. Cloud and tech services. Can you find the good here . Theyre consist ept. Its tough to fibd a company that has lost money for 20, for five years consecutively. Over 20 consecutive quarters. There should be a premium for that. Its a Company Still in transition. However, their Growth Business is now just under i would say under siege but declining. Its not a stock i want to go after. It will always be cheap and until that transition is complete, which i dont think is soop, you dont want to go after it. Its got to bottom further. I dont know what b Warren Buffetts going to do about it ch hes there, hes in much higher prices. 170 in change was his cost base. Average price. 170. Ruined at this point. I agree with every ....
Closing at 4,218. This as investors fear further crackdown from regulators who are tighten irthing grip on beijings soaring markets. It was very toll avial and the emphasis of course was on the Greater China markets. Yes, we saw that action by the authorities in beijing over the weekend with a rrr and they cut it more aggressively than most in the market did expect. 100 basis points and the aim here is to encourage credit growth, to encourage bampings to to get liquidity going. Initially we did see a positive reaction. We saw china stocks up by 1 . They did reverse course and as you pointed out, down by 1. 6 at the close. Lets net forget as well that the authorities in beijing, the securities regulators are trying to take the steam out of the market rally. They clamped down on margin financing. Lets not forget this very staggering statistic, we have now surpassed the 1 trillion yuan mark. It could be a brutal one if it is corrected ....
Despite the first decline in german Investor Confidence in about six months. The roadmap begins with a slew of bigname earnings, verizon, j j and travelers and delta beating estimates well break down the quarters of each. Taking a large position in dow chemical calling for a Strategic Review. And attention Business Travelers the eastern half of the u. S. Bracing for another big snowstorm and biting cold, well get into that, but first, its a big morning for earnings. Three dow components in the mix, verizon and j j and travelers beating the streets with their quarterly results. Outside of the dow Delta Air Lines did also exceed consensus with profit of 65 cents a share helped by lower fuel costs. Lets go through the big dow names. Bus unlike last week unlike ....
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