The west, prior to st. Louis being the gateway. A pittsburgh native who took the art world by storm. A visit to the andy warhol museum. He grew up in pittsburgh. He was born in 1928, the youngest of three siblings. He grew up really religious. They revise and team catholics. Byzantine catholics. We begin at the Heinz History Center for the look at innovations created right here in western pennsylvania. Pittsburgh is an amazing place. It is a city with a tradition of innovation. For 250 years people have come from all over the world to the forks of the ohio, the place for the allegheny and monongahela river comes together to form the ohio river. It is a place where ideas have converged. Now follow me and lets take a look at 250 years of pittsburgh innovation. 20,000 years ago, people started coming to north america. No one is native to north america. They all came from someplace else. About 30 miles west of pittsburgh is a place called the meadow cropped rock shelter. It is the oldest s
Permanent one, but i know from the flimsy deal its only a few weeks maybe a couple of months at most before my washington vacation is over. And the political ugliness is once again front and center. However, the simple removal of washington from the equation coupled with the slew of Earnings Report contributed to strong Market Action today. Dow back slid two points, but the s p rallied. 67 , nasdaq climbed. 62 . You have to discount the dow, these days, by the way, because ibm, Goldman Sachs new dow entry and united health. Three big stocks all reported disappointing numbers. So much for that indexes representational powers. So tonight im going to talk about the triumphs and tragedies in the corporate world. Companies executing magnificently along with the companies that seem to have lost their way and desperately need a shakeup. Because the difference right now between whether a stock is going up or down may very well be whats happening in the corner office, not down the potomac. The
Permanent one, but i know from the flimsy deal its only a few weeks maybe a couple of months at most before my washington vacation is over. And the political ugliness is once again front and center. However, the simple removal of washington from the equation coupled with the slew of Earnings Report contributed to strong Market Action today. Dow back slid two points, but the s p rallied. 67 , nasdaq climbed. 62 . You have to discount the dow, these days, by the way, because ibm, Goldman Sachs new dow entry and united health. Three big stocks all reported disappointing numbers. So much for that indexes representational powers. So tonight im going to talk about the triumphs and tragedies in the corporate world. Companies executing magnificently along with the companies that seem to have lost their way and desperately need a shakeup. Because the difference right now between whether a stock is going up or down may very well be whats happening in the corner office, not down the potomac. The
Before ultimately closing in the red, dow giving up points, nasdaq losing. 29 . But we arent getting destroyed day after day either, though as you would expect from all the commentary, right . You would read that, hear it, you would think that all earnings have been uniformly terrible. Its not true. You know why the markets not getting killed so much . Because as much as we want to paint the earnings canvas with a brush of red ink, there are pockets of green that keep us from getting drubed badly here. Those pockets have one quality in common, execution. When i speak about execution, what i mean is some companies are winning even as others faced with similar circumstances are losing. Sell, sell, sell there are enough winners to keep the balls in the air and the bears at bay. And those winners are triumphing because theyre doing a better job in their daytoday business than the losers. The ceos are better, the companies are better. Hey, its just like sports teams. Some guys make the play
Those pockets have one quality in common, execution. When i speak about execution, what i mean is some companies are winning even as others faced with similar circumstances are losing. Sell, sell, sell there are enough winners to keep the balls in the air and the bears at bay. And those winners are triumphing because theyre doing a better job in their daytoday business than the losers. The ceos are better, the companies are better. Hey, its just like sports teams. Some guys make the playoffs, a lot of them dont. The best way to understand this execution issue is by pitting individual companies in the same sector against each other. Last night, we spoke to chuck bunch, hes that terrific ceo of ppg, the old Pittsburgh Plate Glass who happened to come on the same day that dupont reported the benchmark of bad quarters. I mentioned ppgs old monicker because its how bunch figured out that it might be a prescription for failure in a world where commerce is global. And a ton of Companies Overs