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he sat down with phil lebeau and did not hold back. that is next.iprise financial our advice is personalized based on your goals, whatever they may be. all that planning has paid off. looks like you can make this work. we can make this work. and the feeling of confidence that comes from our advice... i can make this work. that seems to be universal. i can make this work. i can make this work. no wonder more than 9 out of 10 clients are likely to recommend us. because advice worth listening to is advice worth talking about. ameriprise financial. the first time you connected your godaddy website and your store was also the first time you realized... well, we can do anything. cheesecake cookies? the chookie! manage all your sales from one place with a partner that always puts you first. (we did it) start today at godaddy.com it starts with a grill. but it becomes so much more. an extension of your home. not just a weekend retreat, but an everyday getaway right in your backyard. newage makes it possible with beautiful all-weather cabinetry, grills and a
he sat down with phil lebeau and did not hold back. that is next.iprise financial our advice is personalized based on your goals, whatever they may be. all that planning has paid off. looks like you can make this work. we can make this work. and the feeling of confidence that comes from our advice... i can make this work. that seems to be universal. i can make this work. i can make this work. no wonder more than 9 out of 10 clients are likely to recommend us. because advice worth listening to...
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Feb 29, 2024
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phil lebeau has more from one country that is buying in. chile.hil. >> reporter: frank, they have been buying in at a rapid pace the last four years when china auto sales and chinese vehicle sales increased here in chile. we went to san antonio, chile, an hour west of here which is the main port where they import vehicles from around the world and increasingly, when the ships are coming in and vehicles driving off are from china. they import about 90% of the vehicles that are sold here. they import all 100%. 90% come from the port which is run by dp world chile. we asked the ceo about the increase. here is what he had to say. >> anecdotally, you see a difference in the brands and the diversity of the brands we handle. when we look at the stats and see 37% of the market now is chinese made vehicles, to me that is astonishing. that's quite a jump in a short period of time. >> you see it here? >> you see it on the streets. >> reporter: 37% are built in china. 33% are actually chinese auto brands. you have companies like saic or byd selling here. the
phil lebeau has more from one country that is buying in. chile.hil. >> reporter: frank, they have been buying in at a rapid pace the last four years when china auto sales and chinese vehicle sales increased here in chile. we went to san antonio, chile, an hour west of here which is the main port where they import vehicles from around the world and increasingly, when the ships are coming in and vehicles driving off are from china. they import about 90% of the vehicles that are sold here....
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we have phil lebeau joining us with more. >> reporter: mike whitaker will testify on capitol hill in front of the house committee. first, it will be what oversight the faa has provided and continues to provide boeing in regards to what happened with the alaska airlines door plug ripped off the flight a month ago. when you see mike whitaker on capitol hill, he will talk about three things. he will talk about the safety culture audit which started a few days after that incident. he will go down the list of steps they have taken. add the inspectors between boeing and spirit. production is now limited by the faa. in other words, boeing cannot increase production. in fact, when you look at 737 max production, not only is it limited, but boeing found out over the weekend that it may have to delay some deliveries of some of the max in production because of the issue that was flagged by a primary supplier spirit aerosystems. shares of spirit report q4 results today. it is the conference call at 11:00 a.m. eastern time. you can bet pat shanahan will get a lot of questions about the changes th
we have phil lebeau joining us with more. >> reporter: mike whitaker will testify on capitol hill in front of the house committee. first, it will be what oversight the faa has provided and continues to provide boeing in regards to what happened with the alaska airlines door plug ripped off the flight a month ago. when you see mike whitaker on capitol hill, he will talk about three things. he will talk about the safety culture audit which started a few days after that incident. he will go...
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Feb 21, 2024
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phil lebeau on the other earnings report that we are watching?bers people are focused on, the fourth quarter. what happened in terms of cash earned? we know the market for evs are softening a bit and then there is the 2024 guidance. what is crucial here, in terms of production or guidance i can tell you the street is expecting 66,000 vehicles to be delivered this year. they delivered 51,000 last year and reduced a little over 57,000 and. those are the key numbers to look at. on the analyst call later this afternoon, liquidity will be a focus and scott, don't forget, must the interview tomorrow on squawk box. we will be talking about the q4 results and more importantly, where they are heading into 2024. they have a lot of big things coming up here preparing for production over the next few years. >> phil, thank you for that. phil lebeau covering rivian. bob pisani joining me now. the dow has gone positive. all s&p sectors are positive except for tech which is modestly negative. microsoft is lower, meta is lower, apple and alphabet though turning g
phil lebeau on the other earnings report that we are watching?bers people are focused on, the fourth quarter. what happened in terms of cash earned? we know the market for evs are softening a bit and then there is the 2024 guidance. what is crucial here, in terms of production or guidance i can tell you the street is expecting 66,000 vehicles to be delivered this year. they delivered 51,000 last year and reduced a little over 57,000 and. those are the key numbers to look at. on the analyst call...
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Feb 21, 2024
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phil lebeau, thank you >>> coming up, call it is a beyond meat makeover we've got the details on whatunced and whether it's enough to bring customers back and the stock back to life kate rogers has that next. a car is a car... is a spa. an office. hi! hello! a cinema. so automated. yes, the definition of a car changes... but one thing stays the same. it's a mercedes-benz. - "best thing i've ever done." that's what freddie told me. - it was the best thing i've ever done, and- - really? - yes, without a doubt! - i don't have any anxiety about money anymore. - great people. different people, that's for sure, and all of them had different reasons for getting a reverse mortgage, but you know what, they all felt the same about two things: they all loved their home, and they all wanted to stay in that home. and they all wanted to stay in that home. - [announcer] if you're 62 or older and own your home, you could access your equity to improve your lifestyle. a reverse mortgage loan eliminates your monthly mortgage payments and puts tax-free cash in your pocket. call the number on your screen.
phil lebeau, thank you >>> coming up, call it is a beyond meat makeover we've got the details on whatunced and whether it's enough to bring customers back and the stock back to life kate rogers has that next. a car is a car... is a spa. an office. hi! hello! a cinema. so automated. yes, the definition of a car changes... but one thing stays the same. it's a mercedes-benz. - "best thing i've ever done." that's what freddie told me. - it was the best thing i've ever done, and-...
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Feb 16, 2024
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phil lebeau has got the details. >> it is official. two members of icon enterprises will be joining the board of jet blue following the company's annual meeting later this spring. the two new members will be the icon enterprises general counsel jesse lynn as well as steven miller. they're going to be the observers to the board for the next several weeks until that meeting this spring, and then they'll join the board of jetblue. carl icon less than a week after announcing he has taken a 9.91% stake in jetblue, now has two representatives on the board of jetblue. this is something he has been in discussions with in the company as he started to amass his position starting in january. now we'll have to see what happens over the next several weeks in board meetings in terms of what changes they can effect at jetblue. we already know what's happening with regard to the proposed merger with spirit. that's on an expedited appeal. separate from that, what will they be pushing for? i suspect, a lot of the things they're going to be pushing for h
phil lebeau has got the details. >> it is official. two members of icon enterprises will be joining the board of jet blue following the company's annual meeting later this spring. the two new members will be the icon enterprises general counsel jesse lynn as well as steven miller. they're going to be the observers to the board for the next several weeks until that meeting this spring, and then they'll join the board of jetblue. carl icon less than a week after announcing he has taken a...
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Feb 29, 2024
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phil lebeau is in chile to take a look under the hood. hi, phil >> reporter: hey, melissa.i'm going to show you a couple of charts here, which speaks to what we're seeing around the world when it comes to chinese automakers first of all, auto exports have exploded up 62% last year, topping 5 million vehicles number one in the world, moving past japan and by the way, 71% of the vehicles exported are internal combustion engine vehicles 29% electric vehicles. why the change by china? a pivot, due to the slowing patient in that country. >> changes that chinese cars up until this point have been happy to stay at home, make growth and profits in their own market. but the market has slowed. price wars so, all chinese makers are gearing up at the same time, saying, in search of, we need to find new markets joe bally, and they are going everywhere. >> reporter: one of those markets is chile in fact, if you drive around chile, you'll see a lot of chinese autos. we went to an auto mall, a mall with all these different brands, not just chinese, but you saw the american brands there, gm
phil lebeau is in chile to take a look under the hood. hi, phil >> reporter: hey, melissa.i'm going to show you a couple of charts here, which speaks to what we're seeing around the world when it comes to chinese automakers first of all, auto exports have exploded up 62% last year, topping 5 million vehicles number one in the world, moving past japan and by the way, 71% of the vehicles exported are internal combustion engine vehicles 29% electric vehicles. why the change by china? a...
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phil, thank you. phil lebeau.so, let's say, interest rates were an issue for a lot of the automakers and they've peaked. let's say labor costs were a big question mark, but now the strike is settled. two major headwinds in 2023, and they're in the rear view mirror, so to speak. >> a couple of things, as a ford shareholder, i do like a 2.5% div yield. it seems like the auto companies were holding back some goodies from the unions during a pretty painful and, you know, pugnacious exchange. i think it's a case where if you look at this company on those cost savings, they're talking about $2 billion in global cost savings, and the free cash flow, i don't know what it's adjusted for, but $6 billion to $7 billion on a $48 billion market cap, this is a high free cash flow yield for a company that people thought was really ine fiin effi efficient. this is a new age for a company, that a year, year and a half ago, you know, told us what they were doing wrong, i think they were very honest with it, and i think, you know, th
phil, thank you. phil lebeau.so, let's say, interest rates were an issue for a lot of the automakers and they've peaked. let's say labor costs were a big question mark, but now the strike is settled. two major headwinds in 2023, and they're in the rear view mirror, so to speak. >> a couple of things, as a ford shareholder, i do like a 2.5% div yield. it seems like the auto companies were holding back some goodies from the unions during a pretty painful and, you know, pugnacious exchange....
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. >> we've got only a couple of minutes because we got to get a break and then getting to phil lebeau> we're busting breaks. >> no, we're not busting breaks. talk to me >> mr. revenue >> it's not a pretty picture on that front either. >> your forecast is your forecast >> nobody's raising revenue for linear cable network, my friend. >> no, that's paragliding. >> nobody. that's not happening we'll get to paramount later let's talk salesforce. >> thank you, because this is one of those incredible stories where marc benioff comes on red hot, as you'll see when we play the clip, and then his c.o.o. comes on and says, it's just okay i'm going to take marc's view as the ceo as more important than the c.o.o.'s the c.o.o. is talking about, maybe we have green shoots marc says it's 180 degrees from when it was not good >> let's listen. >> marc is the most -- he's incredible promotional. >> let's hear benioff's view on the quarter. >> this stock is right to be up. >> we just finished up a year at almost $35 billion in revenue, and now, we see us moving forward as the third largest software compa
. >> we've got only a couple of minutes because we got to get a break and then getting to phil lebeau> we're busting breaks. >> no, we're not busting breaks. talk to me >> mr. revenue >> it's not a pretty picture on that front either. >> your forecast is your forecast >> nobody's raising revenue for linear cable network, my friend. >> no, that's paragliding. >> nobody. that's not happening we'll get to paramount later let's talk salesforce....
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phil lebeau was down in chile.t. do they? china? >> their goal is global primacy al all costs. >> you just say that. >> yes. look back at trump tariffs. 232 tariffs on steel and aluminum, china wants to act say uneconomically or economically they can produce things and give away electricity or materials and flood our market, ruin our capacity to produce, and then we rely on them for production once they ruin our capacity. so those tariffs were defensive terrorists and they stayed on for a reason. i know in the beginning they said, trump this and trump that. the tariffs were driven by bob lighthizer and really smart people and stay in place. the 232 tariffs, 301 tariffs are there still for a reason. cars are know iteration of they could dump in cars into our market and put our big three out of business, if they wanted to act, could sell cars at a loss if they had to a few years because we run economically and they can run a state -- a state actor can run without economics in mind. >> the way they build real estate,
phil lebeau was down in chile.t. do they? china? >> their goal is global primacy al all costs. >> you just say that. >> yes. look back at trump tariffs. 232 tariffs on steel and aluminum, china wants to act say uneconomically or economically they can produce things and give away electricity or materials and flood our market, ruin our capacity to produce, and then we rely on them for production once they ruin our capacity. so those tariffs were defensive terrorists and they...
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Feb 13, 2024
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phil lebeau is joining us on the news line. phil? >> reporter: the question is what is his play?iar with activist positions within the airline industry. go back to the mid '80s with twa. we will explain why in a bit. he has taken a 9.91% stake in jetblue. he is discussing with jetblue management the possibility of taking a board seat and expected to have further discussions about that. why is he taking this position? he sees deep value here. if you look at shares of jetblue since the beginning of the year, that is when he started building his position. look at where the shares were trading between $4.70 and $5.50 a share. ridiculously cheap. especially relative to other airline stocks. in a statement yesterday, jetblue said we are open to constructive dialogue with investors as we execute our plan to enhance value for all of our shareholders and stakeholders. remember, as you take a look at shares of jetblue over the last three years, it has struggled, especially the last couple years as a stock relative to other airline stocks. why? you had the unwinding of the northeast allianc
phil lebeau is joining us on the news line. phil? >> reporter: the question is what is his play?iar with activist positions within the airline industry. go back to the mid '80s with twa. we will explain why in a bit. he has taken a 9.91% stake in jetblue. he is discussing with jetblue management the possibility of taking a board seat and expected to have further discussions about that. why is he taking this position? he sees deep value here. if you look at shares of jetblue since the...
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Feb 21, 2024
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ford announced it was cutting prices on its mustang mach sev our phil lebeau joins us now for a deeperk at the ev slowdown good morning. >> we'll talk about the china story in a little bit. we're seeing it here in the united states and it ee happening in europe. yesterday i was talking with the ceo of stellantis, carl tavares. affordability is one of the issues if you're going to grow the market, you've got to bring down the cost of manufacturing as well as the price for new evs that are going to be sold. there are range issues, charging station reliability, and the relielkt of charging stations. we thought it would be a good time to step back, take a look at what's happening with the ev markets around the world starting first in china. >> reporter: here in china, one of every three cards sold is an ev the biggest sellers are these. byd has the most prices. tesla is still on the high end with its best seller the model y. the ranges of the byds are 250 to 370 5 miles. they're increasingly high for those on a budget. the government's rave owe of ev to charging is 2-1 beijing and shanghai
ford announced it was cutting prices on its mustang mach sev our phil lebeau joins us now for a deeperk at the ev slowdown good morning. >> we'll talk about the china story in a little bit. we're seeing it here in the united states and it ee happening in europe. yesterday i was talking with the ceo of stellantis, carl tavares. affordability is one of the issues if you're going to grow the market, you've got to bring down the cost of manufacturing as well as the price for new evs that are...
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Feb 6, 2024
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phil lebeau. >>> coming up in the next hour on money movers the ceo of fiserv, the stock has been ank at how the, quote, war on dei is impacting representation on >>> black history is not about excluding the contributions of any. it's about lifting up the contributions of a people, but it's also about the celebration of the long work and the long struggle by black americans who were enslaved in this country and the role they played in the making of modern america. black americans are america. ♪ ♪ every day, businesses everywhere are asking: is it possible? with comcast business... it is. is it possible to help keep our online platform safe from cyberthreats? absolutely. can we provide health care virtually anywhere? we can help with that. is it possible to use predictive monitoring to address operations issues? we can help with that, too. with the advanced connectivity and intelligence of global secure networking from comcast business. it's not just possible. it's happening. you know doug, ever since switching to workday you've been a real rock star. rock star? what do you know about
phil lebeau. >>> coming up in the next hour on money movers the ceo of fiserv, the stock has been ank at how the, quote, war on dei is impacting representation on >>> black history is not about excluding the contributions of any. it's about lifting up the contributions of a people, but it's also about the celebration of the long work and the long struggle by black americans who were enslaved in this country and the role they played in the making of modern america. black...
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Feb 20, 2024
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let's get to phil lebeau with more fresh off a sitdown with the company's ceo earlier this morning. >ntis. they've been pointing towards 2024 when the year they finally start production and start selling pure electric vehicles here in the united states. they're lagging their competitors in terms of ev production here in the u.s. eight coming out this year, including an electric ram 1500, jeep wagoneer, dodge challenger, an electric challenger on the way in 2024. as you take a look at ev market leaders in the u.s., this is still tesla's game. everybody else, they're trying to at least get to 10%. nowhere close at this point. hyundai number two, and then gm ford in terms of automakers with ev market share in the united states. the key to gaining market gain, bringing down the cost and making the evs more affordable. >> we have to find a way to sell the evs at the price of i.c.e.s. that's quite simple. to fix the affordability problem, we need to find a way to design our products so you sell evs at the price of ices. that is going to put extreme pressure on our companies. >> when you say
let's get to phil lebeau with more fresh off a sitdown with the company's ceo earlier this morning. >ntis. they've been pointing towards 2024 when the year they finally start production and start selling pure electric vehicles here in the united states. they're lagging their competitors in terms of ev production here in the u.s. eight coming out this year, including an electric ram 1500, jeep wagoneer, dodge challenger, an electric challenger on the way in 2024. as you take a look at ev...
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Feb 13, 2024
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let's bring in phil lebeau for a bit more on this.r perspective on what it is that a new ceo there potentially and/or let's call it another member of the board or something like that, could actually do in terms of changing the math of the company? >> in terms of changing the direction of the company, i think carl icahn knows and everybody in the airline industry realizes consolidation is -- it's done. is it possible that the appeal of the spirit-jetblue merger could win and that they could go forward and actually combine? that's possible. that's not the expectation that is out there. most believe that they will lose on appeal as they did the first time around. so the question becomes, what does the ceo who started, by the way, yesterday, her tenure, what can she do to improve jetblue? she's already said we're going to cut costs, we're going to drive about $300 million more in passenger revenue through nam of initiatives and defer capital expenditures and become a leaner, more focused company, focusing on the routes where we can do bet
let's bring in phil lebeau for a bit more on this.r perspective on what it is that a new ceo there potentially and/or let's call it another member of the board or something like that, could actually do in terms of changing the math of the company? >> in terms of changing the direction of the company, i think carl icahn knows and everybody in the airline industry realizes consolidation is -- it's done. is it possible that the appeal of the spirit-jetblue merger could win and that they...
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Feb 15, 2024
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phil lebeau this morning. >>> still to come financials within inches of fresh highs but what's aheadates are here to stay. we'll bring you some headlines of the big banks hearing just getting under way on the hill when we come back. ♪ i am, said i ♪ ♪ and i am lost and i can't ♪ punch buggy red. ♪ even say why ♪ ♪ i am, i said ♪ ♪ ♪ a force to be reckon with. no, not you saquon. hm? you! your business bank account with quickbooks money, now earns 5% apy. 5% apy? that's new! yup, that's how you business differently. awkward question... is there going to be anything left... —left over? —yeah. oh, absolutely. (inner monologue) my kids don't know what they want. you know who knows what she wants? me! i want a massage, in amalfi, from someone named giancarlo. and i didn't live in that shoebox for years. not just— with empower, we get all of our financial questions answered. so you don't have to worry. i guess i'll get the caviar... just kidding. join 18 million americans and take control of your financial future with a real time dashboard and real live conversations. empower. what's next.
phil lebeau this morning. >>> still to come financials within inches of fresh highs but what's aheadates are here to stay. we'll bring you some headlines of the big banks hearing just getting under way on the hill when we come back. ♪ i am, said i ♪ ♪ and i am lost and i can't ♪ punch buggy red. ♪ even say why ♪ ♪ i am, i said ♪ ♪ ♪ a force to be reckon with. no, not you saquon. hm? you! your business bank account with quickbooks money, now earns 5% apy. 5% apy?...
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Feb 22, 2024
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, thanks for that phil lebeau this morning. >>> when we come back, unpacking nvidia's blockbuster q4 the ai bond what investors need to know after a short break om prin. so i know i'm taken care of. and not just me. but the ones who matter most to me. ♪♪ oh no, a rash. maybe it'll go away. awww, how am i going to find a doctor i'll actually like? is that a qr code? dr. stafford makes you feel at ease. thanks rash! you've got more options than you know. book now. the first time you connected your godaddy website and your store was also the first time you realized... well, we can do anything. cheesecake cookies? the chookie! manage all your sales from one place with a partner that always puts you first. (we did it) start today at godaddy.com here's why you should switch fo to duckduckgo on all your devie duckduckgo comes with a built-n engine like google, but it's pi and doesn't spy on your searchs and duckduckgo lets you browse like chrome, but it blocks cooi and creepy ads that follow youa from google and other companie. and there's no catch. it's fre. we make money from ads, but the
, thanks for that phil lebeau this morning. >>> when we come back, unpacking nvidia's blockbuster q4 the ai bond what investors need to know after a short break om prin. so i know i'm taken care of. and not just me. but the ones who matter most to me. ♪♪ oh no, a rash. maybe it'll go away. awww, how am i going to find a doctor i'll actually like? is that a qr code? dr. stafford makes you feel at ease. thanks rash! you've got more options than you know. book now. the first time you...
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Feb 21, 2024
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falliing hard after hours phil lebeau has been monitoring the companies and has all the details.> the rivian call is going on right now, tyler, and this is one of the gut-check earnings reports of financials. there's no earnings here, they posted a loss of $1.36 a share, the street expecting $1.32 revenue came in better than expected and the net loss for the fourth quarter, improvement compared to the fourth quarter of 2022, but the guidance is not good they talk about cancellations impacting the fact they are going to be making some adjustments here, and adjusted loss of $2.7 billion expected this year. they do expect to get to a modest gross profit in q-4, but this is the killer production of just 57,000 vehicles this year i should tell you that last year, they built just over 57,000 vehicles, so, you are correct here in saying, wait a second, there's no improvement in terms of production what about deliveries? the street went into today expecting deliveries for 2024 to come in about to 66,000. that's not going to be anywhere close to that. they delivered just over 50,000 vehic
falliing hard after hours phil lebeau has been monitoring the companies and has all the details.> the rivian call is going on right now, tyler, and this is one of the gut-check earnings reports of financials. there's no earnings here, they posted a loss of $1.36 a share, the street expecting $1.32 revenue came in better than expected and the net loss for the fourth quarter, improvement compared to the fourth quarter of 2022, but the guidance is not good they talk about cancellations...
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Feb 6, 2024
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two earnings were watching in overtime, phil lebeau with his eyes on what to expect from snap.getting hard to push this market down. we are learning that day by day. >> it's finding a way. rotating one direction or the other to stay afloat within 1% of the all-time highs, i don't think we settled any big market debates for the market was at a very narrow range but it did seem to respond to this crescendo of chatter that the momentum stocks were overheating and weight too narrow. majority of stocks of. other things, the others are doing okay. so i think, at some point, this kind of choreography fails and we slip and we get a proper real pullback in both the indexes and average stock. the average stock is at a headstart you had the percentages of strand to 50-50. for the moment you say we are too narrow and too top-heavy, and the minute those stocks go back you say, i guess we have been correcting internally for a while. we will see how that goes. we are due for something more than a cursory one or 2% pullback. >> so we had you earlier with the latest on boeing and spirit air sys
two earnings were watching in overtime, phil lebeau with his eyes on what to expect from snap.getting hard to push this market down. we are learning that day by day. >> it's finding a way. rotating one direction or the other to stay afloat within 1% of the all-time highs, i don't think we settled any big market debates for the market was at a very narrow range but it did seem to respond to this crescendo of chatter that the momentum stocks were overheating and weight too narrow. majority...
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Feb 13, 2024
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phil lebeau is here for cnbc on msnbc. so, what does this new report tell us, phil?the orders and delivers from boeing. also from airbus on a monthly basis. for january, boeing recorded zero orders. there were three net orders. three gross orders, three cancellations. they delivered 25 last month being 737 models. stands up to about the same. orders i should say. 5600 planes. now you may look at this and say well, they didn't get a single order last month. airlines are staying away from them. i should caution you not to read too much into this because just a month ago, boeing ordered its all time best monthly orders with more than 1300 planes being ordered. it can be lumpy month to month. we need to wait a couple of months before we can say i think airlines are thinking twice about ordering a boeing plane and that's not expected to be the case when you talk with analysts. they believe that despite the headlines that we've seen over the last three weeks you will continue to see airlines ordering the 737 max planes. >> let's see whether or not customers say i don't wan
phil lebeau is here for cnbc on msnbc. so, what does this new report tell us, phil?the orders and delivers from boeing. also from airbus on a monthly basis. for january, boeing recorded zero orders. there were three net orders. three gross orders, three cancellations. they delivered 25 last month being 737 models. stands up to about the same. orders i should say. 5600 planes. now you may look at this and say well, they didn't get a single order last month. airlines are staying away from them. i...
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Feb 22, 2024
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and i did think the phil lebeau interview this morning was brilliant because he did put the feet to theme and i didn't come away feeling as good as i wanted to. let's go to brooklyn, which i didn't know this, is in kentucky >> caller: boo-yah, jim. i want to know your thoughts on airbnb >> i like airbnb very much look -- all right. riddle me this why does brian chesky not get the respect that so many of these other entrepreneurs? because i think chesky's fantastic. i like the app we use it. it is a buy. no, it is a solid buy. up 6 today you know what, we're not done. let's go to dan in georgia dan. >> caller: hey, jim. i'm looking to add a couple long-term marquee brands to my stock portfolio that pay dividends consistently so i've been checking out ford and coca-cola. specific to coca-cola, do you think this is a good time to get in or -- >> yeah, i think coke's doing well it's got a 3% yield. it consistently does well. james quincy is a really good manager. it's not going to shoot the lights out but we have some non-shoot the lights out stocks for the charitable trust and those do jus
and i did think the phil lebeau interview this morning was brilliant because he did put the feet to theme and i didn't come away feeling as good as i wanted to. let's go to brooklyn, which i didn't know this, is in kentucky >> caller: boo-yah, jim. i want to know your thoughts on airbnb >> i like airbnb very much look -- all right. riddle me this why does brian chesky not get the respect that so many of these other entrepreneurs? because i think chesky's fantastic. i like the app we...
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Feb 5, 2024
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phil lebeau has the very latest. >> reporter: we'll find out just the extend of this latest issue over the next couple of days, because they're going to do inspections of these 50 aircraft, determine if rework has to be done, and if there is rework, where the holes were misdrilled, well, then they'll bring them into conformance, and that may delay some deliveries, so, just again, to recap what's happened, over the weekend, a worker at spirit aerosystems in wichita, kansas, said, look, i think a couple of the holes on the fuselages may have been drilled incorrectly. they're going to check them. 50 undelivered aircraft have impacted here. there are 40 in service. not a flight safety issue. so, they will do inspections and check them at some point. near-term deliveries could be impacted. remember, boeing delivered 387 737 maxes last year, and their production is capped right now. the question becomes, when will they be able to move it up from 38 per month? remember, the faa has said, you can't go any higher until we're comfortable that you have your house in order. and who knows when that
phil lebeau has the very latest. >> reporter: we'll find out just the extend of this latest issue over the next couple of days, because they're going to do inspections of these 50 aircraft, determine if rework has to be done, and if there is rework, where the holes were misdrilled, well, then they'll bring them into conformance, and that may delay some deliveries, so, just again, to recap what's happened, over the weekend, a worker at spirit aerosystems in wichita, kansas, said, look, i...
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Feb 21, 2024
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let's get to phil lebeau with more on the picture. >> reporter: evs are selling let's be clear aboutnies making electric vehicles are in a brutal, brutal price war. look at ford yesterday forced to cut the price on the mustang mach e $8,100, why because of competition we're seeing it around the world. so we wanted to see what the ev market looks like in europe as well as in asia, particularly in china. in china let's start with eunice, eunice yoon. >> one out of every three cars sold is ev byd had the five most popular battery and plug in hybrids last year with prices ranging from 16 to $30,000 tesla is still on top on the high end with its best-seller the model y. at $37,000 to $50,000. the ranges of the byds are around 250 to 375 miles. the model y in the 340 range evs appeal to china's wealthy, tech savvy and environmentally conscious. and to those on a budget the government's ratio of evs to charging points is 2.5 to one with economically developed provinces and cities like beijing and shanghai most quipped. now to europe. >> over 20% of new car registrations in europe were elect
let's get to phil lebeau with more on the picture. >> reporter: evs are selling let's be clear aboutnies making electric vehicles are in a brutal, brutal price war. look at ford yesterday forced to cut the price on the mustang mach e $8,100, why because of competition we're seeing it around the world. so we wanted to see what the ev market looks like in europe as well as in asia, particularly in china. in china let's start with eunice, eunice yoon. >> one out of every three cars...
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let's get over to phil lebeau who can fill us in on the latest. >> this is an issue that came up becauseerosystems the primary supplier for boeing that builds the fuselages for the 737 max. a worker at spirit aerosystems as they are going back through their production systems saying what works, what doesn't work, where there may have been problems the worker flagged there may have been incorrectly drilled holes. as a result the latest issue, it was flagged by spirit aerosystems and the fuselage in question, only a couple, and may impact 50 undelivered aircraft. they need to reinspect and see if they needed to do rework on the holes in question. as a result, near term deliveries may be delayed. it's not for sure. it depends on what they find when they do these inspections. last year boeing delivered just under 400 737 max 9 maxes and the expectation is that even though they're not giving guidance in terms of deliveries this year, they expect or i shouldn't say, the street expects them to deliver anywhere between 450 and 500 maxes in part because they are -- they are producing at a rate of
let's get over to phil lebeau who can fill us in on the latest. >> this is an issue that came up becauseerosystems the primary supplier for boeing that builds the fuselages for the 737 max. a worker at spirit aerosystems as they are going back through their production systems saying what works, what doesn't work, where there may have been problems the worker flagged there may have been incorrectly drilled holes. as a result the latest issue, it was flagged by spirit aerosystems and the...
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Feb 2, 2024
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auto sales let's get to phil lebeau this morning. >> this is a snapshot of january, and in january, ford'sverall sales, up 4.3%, and the breakout that a lot of people are going to be focused on, hybrid sales versus ev sales, and in january, we continue to see that hybrids, which ford has been way ahead of gm and stellantis in terms of production, well, they're reaping the benefits there, up 42% year over year ev sales, we've talked about that market slowing down ford ev sales in january, down 10.9%. as you take a look at shares of ford, keep in mind that we get the q4 results next tuesday after the bell, and at that time, we will also get the company's guidance for the rest of the year, and that's important, guys, because they've laid out a lot of chess pieces in terms of deferring ev investment, pivoting as much as possible to the markets where the vehicles are in demand that is hybrids. obviously, pickup trucks vehicles like the ranger again, ford's overall sales for january, down 4.3%, guys we'll send it back to you. >> adam jonas yesterday, midday upgrade of ford, correct view of this
auto sales let's get to phil lebeau this morning. >> this is a snapshot of january, and in january, ford'sverall sales, up 4.3%, and the breakout that a lot of people are going to be focused on, hybrid sales versus ev sales, and in january, we continue to see that hybrids, which ford has been way ahead of gm and stellantis in terms of production, well, they're reaping the benefits there, up 42% year over year ev sales, we've talked about that market slowing down ford ev sales in january,...
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Feb 26, 2024
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phil lebeau calls it a conversation starter. let's bring in phil. what do you make of this car?e going to see this car any time soon in the united states or outside of china? probably not. and frankly, you're not going to see many in china. they've unveiled it. it's going to take some time to bring this to production. i do chuckle. online, you hear people saying, it's a ferrari competitor. let's be clear here. ferrari is in a different category for a whole bunch of reasons in terms of desirability, the limited number of vehicles that are built, the fact that they have a built-in demand, if you will. this is a super car in price only. now, if it ultimately develops into a must-have among the world of super car owners, then it's a different story, but at this point, it is a conversation starter. that's all it is at this point. >> the news of the day, again, "wall street journal," front page, has that -- i know you probably saw it -- that bar chart, and the story later in the paper, cooling demand puts electric car start-ups in a bind. i think everybody's in a bind. so, it used to
phil lebeau calls it a conversation starter. let's bring in phil. what do you make of this car?e going to see this car any time soon in the united states or outside of china? probably not. and frankly, you're not going to see many in china. they've unveiled it. it's going to take some time to bring this to production. i do chuckle. online, you hear people saying, it's a ferrari competitor. let's be clear here. ferrari is in a different category for a whole bunch of reasons in terms of...
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Feb 15, 2024
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to phil lebeau with those details.be a good year for airbus. why it is awarding the special dividend in the first quarter. shares of airbus under a little bit of pressure this morning. the company announced its adjusted earnings in q4 up 3% year over year on revenue that increased 11% year over year. the focus for investors is going to be delivery increases and how much they're going to grow in 2024. they're targeting 800 for 2024. to give you some perspective, in terms of where they have been over the last couple of years, 611 in 2021, they had to push out delivering over 720 and they didn't achieve that until 2023. now they're targeting 800 for this year, provided the supply chain holds up worldwide. here is the ceo a few minutes ago. >> we are always trying to find what i call the sweet spot, the right balance between demand and supply to increase the production, the deliveries, but do it in the right way. supply chain is in recovery, is getting better, but as they keep getting better, we keep asking for more. >> it
to phil lebeau with those details.be a good year for airbus. why it is awarding the special dividend in the first quarter. shares of airbus under a little bit of pressure this morning. the company announced its adjusted earnings in q4 up 3% year over year on revenue that increased 11% year over year. the focus for investors is going to be delivery increases and how much they're going to grow in 2024. they're targeting 800 for 2024. to give you some perspective, in terms of where they have been...
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Feb 22, 2024
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shares of ev maker rivian deep in the red after reporting fourth quarter results and phil lebeau joinsw bring in r.j. scaringe r.j. a rough report for you guys let's be blunt announced 10% of your salary workforce will be laid off as you guys are cutting costs i'm curious in a general sense, how much has the ev market slowed down in the last three months >> we've seen historically high interest rates and along with a lot of the geopolitical uncertainty, particularly for products in the premium segment. we're seeing effective interest rates, effective uncertainty, really impact how people think about purchase decisions and it led us to accelerating launch of our center pack to make sure we have a full portfolio of products available. >> so when you look at where the market is right now, your guidance for building 57,000 vehicles this year is well below what the street expected at 81,000 where's the disconnect we've been talking about the market slowing down. why did analysts miss it by such a wide margin? >> well, our products flagship products, they have been performing really well rel
shares of ev maker rivian deep in the red after reporting fourth quarter results and phil lebeau joinsw bring in r.j. scaringe r.j. a rough report for you guys let's be blunt announced 10% of your salary workforce will be laid off as you guys are cutting costs i'm curious in a general sense, how much has the ev market slowed down in the last three months >> we've seen historically high interest rates and along with a lot of the geopolitical uncertainty, particularly for products in the...
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Feb 6, 2024
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and phil lebeau has a special guest. >> mike whitaker.e going to talk about your testimony on capitol hill in a moment, but a lot of people want to know where does your investigation stand with the root causes we have seen? >> we don't know yet but we are in the middle of a six-week audit going on at boeing, and we are trying to understand where there might be faults in the system and how to address those. >> beyond 38 per month for production, and when do you say we are confident they made the changes necessary? >> we are convinced this is a safe production system, and all we want is for boeing to make safe airplanes and they can produce as many as they want to produce. >> their previous guidance was to get to 50 per month by 2025 and 2026, and they are not reaffirming that target but they are not pulling it and it has some on wall street saying in the back of their mind the folks at boeing will put out 38 per month for a while but will get up to 50 by 2025-'26. >> i have no timeline on when it will happen, and we are going to let safety
and phil lebeau has a special guest. >> mike whitaker.e going to talk about your testimony on capitol hill in a moment, but a lot of people want to know where does your investigation stand with the root causes we have seen? >> we don't know yet but we are in the middle of a six-week audit going on at boeing, and we are trying to understand where there might be faults in the system and how to address those. >> beyond 38 per month for production, and when do you say we are...
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Feb 20, 2024
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joining us on set with our own phil lebeau.en it comes to evs and their expansion around the world. when you look at the auto market, but not just the auto market, but the economy in the u.s. how comfortable are you? >> people want safe, clean and affordable mobility and we are here to offer that and to serve. i am quite positive about the market. i think people will continue to protect their freedom of ability, and there's no better advice than in an automobile? >> is it going to be an ev, a hybrid? the ev market is slowing down in terms of the adoption rate here in the united states. does that continue through at least the rest of the year and several years? what do you see? >> what i see is to make the ev spark, you need to align a certificate number of stars. you need, of course, clean energy. you need to have very dense charging network people can see so they erase the anxiety, 500 miles of range, that should be enough. and you need affordability. what is at stake is affordability. that's the major star that is not totally
joining us on set with our own phil lebeau.en it comes to evs and their expansion around the world. when you look at the auto market, but not just the auto market, but the economy in the u.s. how comfortable are you? >> people want safe, clean and affordable mobility and we are here to offer that and to serve. i am quite positive about the market. i think people will continue to protect their freedom of ability, and there's no better advice than in an automobile? >> is it going to...
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Feb 13, 2024
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phil lebeau has more. >> reporter: carl icahn pushing for jetblue.d his firm taken a 9.9% stake in jetblue. they have discussed with the management of taking a board seat. shares were bought this year. january and february. if you take a look at shares of jetblue over the last six weeks, you see the dip there. that was the opportunity to buy. jetblue has lost twice to the doj since 2022. the strategy of expanding through alliances and proposed mergers has blown up in their face. the company yesterday issuing a statement after the announcement that icahn had taken the 9% stake. we are always open to constructive execute our plan to enhance value for shareholders and stakeholders. look at jetblue and spirit. they are appealing the merger shot down by the judge last month. that is an expedited appeal. how long it takes before that is hurt remainss to be seen. you can tell what jetblue did from the beginning of the year until now. robin hayes stepping down and j announcing a number of steps, traditional steps like cutting costs and looking at ways to inc
phil lebeau has more. >> reporter: carl icahn pushing for jetblue.d his firm taken a 9.9% stake in jetblue. they have discussed with the management of taking a board seat. shares were bought this year. january and february. if you take a look at shares of jetblue over the last six weeks, you see the dip there. that was the opportunity to buy. jetblue has lost twice to the doj since 2022. the strategy of expanding through alliances and proposed mergers has blown up in their face. the...
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Feb 14, 2024
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we want to get straight over to phil lebeau. he joins us with a special guest this morning.ed bastian, the ceo of delta airlines, joining us from the company's headquarters in atlanta. good morning, ed. it is a sweet valentine's day for your employees as you announce profit sharing of 1.4 billion. that works out to 10% of each employee's annual salary, approximately? >> good morning, phil. great to be with you. and, yes, it is a great day to be a delta. we're celebrating our employees' hard work with their success and rewards with a $1.4 billion profit sharing payout. it is about five weeks of pay, a little over 10%. and i could not find a more deserving group of people. all the work, not just this past year, but getting through the pandemic, it is really a wonderful day and a wonderful day to travel on delta. everyone is really happy today. >> is this one of those milestones, ed, where you can say, we have been making progress since the pandemic, knocking down goal post after goal post in terms of things that we want to do to accomplish, say, we're all the way back, do you
we want to get straight over to phil lebeau. he joins us with a special guest this morning.ed bastian, the ceo of delta airlines, joining us from the company's headquarters in atlanta. good morning, ed. it is a sweet valentine's day for your employees as you announce profit sharing of 1.4 billion. that works out to 10% of each employee's annual salary, approximately? >> good morning, phil. great to be with you. and, yes, it is a great day to be a delta. we're celebrating our employees'...