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1. 5 . Nestle shares sink at the start of trade as the swiss firm misses earnings and forecasts and scales back its growth targets, with the ceo telling cnbc he is disappointed by the results. Year by year in this presentday environment its much more prudent to give forward sales growth and guidance as we did today. On the defensive. Cobham shares lose a quarter of their value after the British Aerospace firm issues a profit warning for 2017 after missing fullyear forecasts. The white house denies a wall street journal report that u. S. Intelligence officials have withheld Sensitive Information from President Trump, this as his secretary of state, Rex Tillerson, makes his International Debut at t ....
It is up 200 plus points because being cheered on by the reserve requirements in china. This is an internationally lyly oriented market right now. Is that the idea . I apologize if im repeating anything. Bill pointed out the dow is up 217. Lets skip straight ahead to the Closing Bell Exchange and introduce our guests. Joining us at the top of the hour to kick things off. We have price heedley, kate warren from edward jones. And our very own rick santelli. A welcome one and all. Anthony chan the big news this weekend, we have to talk about a china rate cut. The u. S. Central bank the japanese, whats the message to investors. Central banks all over the world are coddling Financial Markets, coddling the overall economy. Thats one of the reasons we dont get big corrections anymore. We get mini corrections. Right after the chinese announcement on friday that they were go ....
I finally figured out why were playing pearl jam. Amazon, microsoft, seattle. Are they a grunge band . Are they from up there. I finally figured it out. I love the quizzes they give us. I think of nirvana. Pearl jam, seattle. I have that programmed in. I dont listen to it a lot. The pearl jam station . Is it 42 . No, is that the joint . I dont know because i have it programmed in. I think it should be myself i think it should be the pink floyd channel. No, no, no, i like pearl jam. No comparison. Youre right. There is no comparison. Amazon, you get up to 20 billion a quarter and you are able to make money, pay everyone, keep expanding. I dont see anything wrong by that. I was surprised by the decline in the stock price, too. Its just a little. The reason, they continue to invest. Thats why the numbers are lower. Its not even margin based. On 19 billion, you should make more than 100 million. This is supposed to be the year amazon went from not making money to making money. I get it, do ....
Indonesias political race. But some say its too early to call. 7 billion in the works for citigroup. Investigator look at paying out for mixed mortgages. Coming up on todays show, croatia plays the game of tourism and looks to cash in on the huge success of the series game of thrones. And brazils football coach luis ferarri describes it as the worst day of his life after the National Team suffers an embarrassing 70 defeat. We bring you all the action from brazil. And the u. S. Retailer the Container Store misses that america is now in the midst of a retail funk. Find out what he has to say about shoppers habits later. Sharp losses for the markets in europe, yesterdays trading saw the index in particular down at a sevenmonth low. Were currently switching between making gains and loogz them. The stoxx 600 down 0. 1 right now. Weve now taken out all the years gains, so relativel ....
We begin with jamie dimon, Jpmorgan Chase ceo sitting down with jim cramer in just a little while. His bank out with earnings that did handily Beat Estimates, results from rival wells fargo, also above expectations. Senator Elizabeth Warren leading a new charge to break up the banks with an updated version of the 1933 glasssteagall act. The Company Warns q2 and full year will likely fall short of expectations. And carl icahn kind of sweetens his offer for dell. Whats it going to mean for that vote next thursday . We will discuss. Big day for us here. As we said, jamie dimon will be here at the nyse. Cramer with an exclusive interview at 10 00 a. M. Eastern time. A lot of things to talk about in the program. Are you ready, skee daddy . Ive got the ceo on my left her ....