Yearoveryear, and that is demonstrating that both on the revenue side and on the expense side, the impact of the restructuring is making itself felt. Iose would be the things would focus on. The overall performance, obviously, is weighed on by the cru and the losses in the cru, but even there, we are progressing basically in line with our plans both for deleveraging and cost reduction. We also had earnings news out from daimler as well as volkswagen, and youve got some earnings lines coming in from barclays. Anna absolutely. We continue with the banking theme. We have Net Operating Income coming in at 4. 70 one billion pounds, a touch below the 4. 60 one billion that had been penciled in by analysts. Theres been a lot changing, of course, since the month of march, especially the volatility, as we know. Interesting to look at what has happened in the Investment Banking part of the business as well. 3. 62 billion dollars, well ahead of the estimates for that particular part of the busine
Miss when it comes to consumers. Home goods are seeing good money flows, but retailers are spotty. Macys, urban outfitters, but lowes at home depot, they miss. Instead, its flowing from one business to another or from a government to the business. After the dow advanced 66 points and climbed to a new high, and nasdaq also hit a new high up. 22 , we see that at this very moment, these money flows, you have to be investing in companies that dont cater to just the consumer. Albeit, some rare exceptions, and instead, zero in on those that make money off the enterprise, as they call business. Consumer spending on hard business and one of them, and that is why the ceo of lowes is on tonight show. Its not time to start spending on big, Home Improvement projects. He sums it up pretty well, and i quote, uncertainty around inflationary cuts, and spending on Discretionary Services and experiences continues to weigh on the doityourself Home Improvement demand. For many homeowners with low or no mo
The massacre. A handgun and a long gun within the last few days were purchased. Reporter she shooters ex wife tells reporters she left her marriage after only four month. He was mentally unstable and mentally ill. Reporter authorities will release the names of more victims today. American Muslim Leaders are condemning the attack. Well bring you the latest on the story this morning. A bay area congressman said there is a key unanswered question in orlando, was the shooter directed by isis, or was he several inspired. He said that either way, it raises troubleling issues. You have somebody who proclaims allegiance to a terrorist group, and is able to legally obtain a weapon of war, and this is the consequence, and i think the Intelligence Community is going to be asking what more can we do to find these radicalized lone wolf individuals if thats what it is. It hits especially close to home for some here in the bay area. Thousands gathered last night in the castro district, the center of
Thomas. Im Nicole Brewer. Jim donovan is off this morning. We are getting your day started with a check on weather and traffic with katie and meisha. Good morning, tough morning to wake up to, tough monday this morning, and i can tell you that we have a very serious accident on the blue route including one fatality. Ill get to that in just a moment. As far as the width is her concerned, at least things are pretty tranquility point, clear skies, no worries on storm scan3, all calm and it will stay that i way throughout the day. Pretty toast weekends, sky rocketed 90 plus through the course of saturday as well as sunday, but at this point much drier air has new jersey dollars in, sole cooler air, as well, not quite as warm throughout the course of the day, and it will wont feel quite as steamy either. The current temperature at the airport, in at 60 degrees in both trenton as well as atlantic city, cooler by comparison going bit further off to the north here on the northeast extension, 5
Out there, marty. Nothing much will happen for the next five or six hours; however, this afternoon, extremely windy and stormy today. Cool tomorrow morning. For the most part, storms are going to push into southern colorado. A few clouds up over the Rocky Mountain National Park area, at the visitor center. Cooler air moving in from that part of the state later in the day. A cloudy start, no rain for you this morning. Dont worry about that. It is cool with 50s around here. Start to warm it up here by have our High Temperature in the lower 70s today. And then late this afternoon, storms kick up and they are going to be very strong. In fact, well defined storms going over the wyoming and montana borders. Theyre going to travel down i25 today with a cold front that moves through, and during the evening, and i mean all evening, were looking at moderate to heavy thunderstorms coming up in a moment, the weather update. A live look over sky9 over i70 around stapleton over central park. Both si