this could be a different reporting. ner looking at doctors looking at x rays. we talked about it. is it an accurate number we are getting? when healthy people get it and you can t the coronavirus from necessarily the flu or a cold. you don t know this doesn t give me or feel real good, the w.h.o. was apiecing chiapiec appeasing china. they said don t worry about it looking at the treasury market 10-year was back a little pressure there to yield back below 1.581%. pepsico is just out with quarterly earnings came in at $1.45 i share revenue better than the street expected $20.6 billion. grew by 4.3% better than anticipated. the company said it sees 7% earnings growth this year. if you are looking at numbers, if you go from 5.53. the street was looking for 5.95. they say the number they are expecting is 5.88 which is going to be looking for about 1 percentage point decline from forth exchange based on current rates. organic revenue they are expecting for 2020 at 4% below
At Country Music awards more than 70,000 fans back the at t stadium in texas. That broke the guinness book of World Records for the most attendance at a live award show. She took home three awards. Luke bryan won the entertainer of the year award that is voted on by fans. Lets get you up to speed in the markets. Check out the futures board. This morning, the futures actually indicated up by triple digits. The dow looking at a gain of 120 points. S p futures up 12 points and nasdaq up by 23. Weve got a couple of other big stories. Earnings central, Morgan Stanley tops the company set to post Quarterly Results this morning. Ibm reports this afternoon. 59 s p 500 companies have posted earning so far and Thompson Reuters have reported 75 have topped profit expectations. Thats the good news. But different story emerging on the revenue side. Only 46 of companies have topped estimates on the top line there. And in the big global story this morning, china, the central bank there cutting the re
It would take more than a modest show of economic strength for them to begin taking their foot off that gas pedal. Weve got names set before the bell. Those include at t, boeing, bristol myers, and a few other stocks to watch. Put this in the Bad News Bears reporting. Revenue falling short, though, and the Company Announcing plans to cut 5 of its work force and close 20 plants, part of a Restructuring Program aimed at countering the slowing Global Economy. Andrew liveris will be joining at 6 30. Facebook reporting after the bell. Shares rising on that news. Up now 22. 14. Zinga is laying off 5 of its fulltime work force. Ynga is la fulltime work force. Zynga reporting after the bell today. Well keep an eye on those shares. Shares at s. A. P. Getting a boost in early european trading. The German Software company is posting better than expected earnings. And says it plans to grow its market share. One of the companys coceos is going to be joining us at 6 00 p. M. Eastern. Joseph . You me
And were going to talk to former mayor Rudy Giuliani about that and the closing of Charter Schools and whether president obama is tough enough on russia. All that and more coming up on the kudlow report beginning right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. Its 7 00 p. M. Eastern, four pacific. Were live. Our first big story tonight is a criminal investigation into General Motors handling of a recall. That news sent gm shares down 5 today. Phil lebeau joins us now on the phone to give us the full story. Good evening, phil. Good evening, larry. This is a tough day for General Motors. You mentioned there are now two more investigations the company has to deal with, the latest coming late this afternoon. Word that the new york office of the u. S. Attorneys office is investigating a criminal probe into how General Motors handled the recall of 1. 6 million vehicles. We dont know all the questions that will be involved in the investigation, but it basically
why would people want prosperity to increase. you can say good guys. there s some people who argue when we say it s a good day because you re looking at the upside. we ll take that. if we listen to everything people said, we wouldn t be able to say anything. excusemy ba my back. cabrera s there. he s won a u.s. open and masters. ernie s won two. i see tiger there he is. okay. about midway through. tiger is wearing gray today. i ve got some gray pants on. total coincidence. but there he is. he s starting, what? yours are kind of charcoal. he s starting out, it looks like, with some very short little backswing on some sand wedges. see him? a beautiful backswing. along with this incredible lineup behind us, we also have two very special guests who are with us for the next three hours. jeremy segel, professor of finance at the wharton school at the university of pennsylvania. and barry knapp, head of u.s. equity strategy at barclays. we ve already been chatting