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Jun 7, 2018
06/18
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KQED
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brown foreman said it wasic dit to accurately predict future results. a portion of brown foreman's total sales comes from europe, mexico andanada. >> and after the bell, the discount retailer five below reported a rise inof sales and s, and thats street estimates, as well as its own expectations. the companyave upbeat guidance for the quarter and the full yeo. they plan open more than 1,000 more stores across the country. >> the shas were initially higher in after hours, they also finishished the regular season to 81.28. >>> the push to get moreen w the road map to power in silicon valley. >>> there are reports tonight that fidelity investment is ptshi pushing toward c according to business insiders, such ald move w represent one of the biggest moves by a wall street firm into the market for digital assets. fidelity is best known as being a provider of 401(k) and other retirement products. >> women are carrying the biggest share of the country's outstanding student loan debt. according to an education efficacy group, women owe nearly $900 billion in stu
brown foreman said it wasic dit to accurately predict future results. a portion of brown foreman's total sales comes from europe, mexico andanada. >> and after the bell, the discount retailer five below reported a rise inof sales and s, and thats street estimates, as well as its own expectations. the companyave upbeat guidance for the quarter and the full yeo. they plan open more than 1,000 more stores across the country. >> the shas were initially higher in after hours, they also...
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Jun 26, 2018
06/18
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CNBC
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. >> and, today, this afternoon, brown foreman, the whisky maker is going to raise prices for whiskythe eu is that showing this is not just about harley and their struggles, which they do have for sure this is not a new thing. the business has been struggling, but now brown foreman is out there choosing a choice, choosing to raise prices, right? >> yes everyone has to make choices i mean, the president seems to think that costs are not a real thing, and -- but it is. it is for people when you impose tariffs or whether it's through the steel and aluminum tariffs that raise the costs of manufactures in the u.s. or retaliation as a result of these tariffs, you are going to have american consumers hurt, but you're also going to have american businesses who have to make tough choices, and, by the way, am i the only one to be shocked to hear the president say that he's been nice to harley it's not his job to be nice to a particular company or to be mean to another one because then he followed through with tweets today, basically promising that harl harley, they wanted to actually sell here
. >> and, today, this afternoon, brown foreman, the whisky maker is going to raise prices for whiskythe eu is that showing this is not just about harley and their struggles, which they do have for sure this is not a new thing. the business has been struggling, but now brown foreman is out there choosing a choice, choosing to raise prices, right? >> yes everyone has to make choices i mean, the president seems to think that costs are not a real thing, and -- but it is. it is for...
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Jun 28, 2018
06/18
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MSNBCW
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brown foreman makes jack daniels as mr. meachum well knows. >> that number also goes down to be fair to donald trump. that number also goes down as far as whiskey purchases during lent when meachum decides to stay off of it. >> but brown foreman has its headquarters in louisville, kentucky. who is from louisville, kentucky? mitch mcconnell, the majority leader of the senate. so the chinese and the europeans and the mexican who is put these tariffs on whiskey are not stupid and you can see here that brown foreman's stock price, a proxy for what's happening to our business in whiskey is down 18%. >> you're saying mitch mcconnell coddling donald trump when it comes to tariffs actually is hurting people in mitch mcconnell's own district? >> very deliberate retaliation by our trading partners to stick it to donald trump and to stick it to republicans. >> all right. >> and of course harley davidson in wisconsin, right? >> harley-davidson is fascinating. because harley-davidson was his poster boy for american jobs. and another ret
brown foreman makes jack daniels as mr. meachum well knows. >> that number also goes down to be fair to donald trump. that number also goes down as far as whiskey purchases during lent when meachum decides to stay off of it. >> but brown foreman has its headquarters in louisville, kentucky. who is from louisville, kentucky? mitch mcconnell, the majority leader of the senate. so the chinese and the europeans and the mexican who is put these tariffs on whiskey are not stupid and you...
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according to brown foreman who is currently following to the bottom of the s&p 500 is the parent company of jack daniels. they make the whiskey and that company down five and half percent. on track f the largest one-day drop since march of 2009. yoememr what happened back then that was aow of the financial crisis. the company warned of trouble from mexico the company is adding that it is upped its up to its shipment of jack daniels. the stock is up now. we have t some breaking right now. president trump about to have back to the white house after wrapping up his two or a fema just moments ago. and all systems go for the big g7 summit where the president will be visiting our very friendly neighbors to the north. canada infuriated by the white house is tariff on steel. the white house economic advisor have a lot to say about this earlier concerning bilateral meetings with justin trumbo of canada. he sounded off on the trade issue. let me get to blake burman you were there in the room. we were tracking this and the like white house. it has to be a very tension field --dash tension filled me
according to brown foreman who is currently following to the bottom of the s&p 500 is the parent company of jack daniels. they make the whiskey and that company down five and half percent. on track f the largest one-day drop since march of 2009. yoememr what happened back then that was aow of the financial crisis. the company warned of trouble from mexico the company is adding that it is upped its up to its shipment of jack daniels. the stock is up now. we have t some breaking right now....
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target by canada and the european union, constellation brands owns stakes, and also check out brown foremann, as i mentioned. and, liz, you know, some names you may not have heard of today includes hershey's. remember hershey's chocolate and kimberly-clark? apparently, qanta's targeting -- canada's targeting that. immediate reaction after this tit for tat battle looks to be on. liz: it's the aluminum wrapping in hershey's kisses that is causing higher costs. [laughter] we warned you of that on count countdown to the "countdown to the closing bell" weeks and weeks ago. i held up a hershey's kiss, and i said, watch out, this will raise their costs -- [laughter] and we were apparently right. >> probably better for our waistlines though, i think. liz: i have at least three a day. [laughter] >> i don't blame you. liz: thanks, susan, very much. again, it is early yet, and we have to wait and see exactly what happens with the tariffs. but i can tell you this, no tariff talk at the nasdaq. the nasdaq surging at this hour, up one and a third percent or 98 points. by the way, folks, this is a one mon
target by canada and the european union, constellation brands owns stakes, and also check out brown foremann, as i mentioned. and, liz, you know, some names you may not have heard of today includes hershey's. remember hershey's chocolate and kimberly-clark? apparently, qanta's targeting -- canada's targeting that. immediate reaction after this tit for tat battle looks to be on. liz: it's the aluminum wrapping in hershey's kisses that is causing higher costs. [laughter] we warned you of that on...
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Jun 7, 2018
06/18
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CNBC
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. >> have you seen brown foreman's chart lately >> or the mention of jack daniels and unable to talkknow yet. very quick what's on "mad" tonight? >> tonight is an educational show because i will be at the conference i have jeff from macy's that will bleed into where i would normally be for "mad," but look, i have an exciting day here and i have to give david's regards to making the assistant attorney general and let him know that he's already lost the case, right, david >> no, don't do that, jim, and i'll try to rush up there on the subway so i can see macon in person and just prevent you from feeling future debt. >> did you hear how he dropped sub w subway he dropped subway in order to become common man. >> there's no one that takes more subway trips than me, three a day. >> subway is under ground. >> you can't use your phones that's why i prefer uber >> subway is not a word in her vocabulary >> oh, stop it >> i will see you shortly. i will be there. make sure macon stays around i want to talk to him. >> i will. >> thanks, jim good luck with everything. an incredible conference well
. >> have you seen brown foreman's chart lately >> or the mention of jack daniels and unable to talkknow yet. very quick what's on "mad" tonight? >> tonight is an educational show because i will be at the conference i have jeff from macy's that will bleed into where i would normally be for "mad," but look, i have an exciting day here and i have to give david's regards to making the assistant attorney general and let him know that he's already lost the case,...
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Jun 25, 2018
06/18
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CNBC
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companies like brown foreman, which 30% of sales are at risk now that everyone is imposing taxes andariffs on our bourbon and our whisky this hurts certain industry and certain companies. i think it's why you saw the dow last week shed 2%er have us is the smaller cap, russell 2,000 which has been on a roll did you see china? down another 1%. >> the reserve requirements are easing. >> yeah. they're easing. >> the currency is down a lot. >> and the concern is perhaps they'll continue to pressure the currency as one response overall to some of the ratcheting up of tariffs. >> and the dollar strengthens. >> the dollar is up at 117 against the euro that's one of the responses to go into the buck which, actually hurts our exports. >> right carl, we had any number of strategists on friday, almost all are on the same tune which is it's a small portion of the overall u.s. economy. >> so far. it's only getting worse, right >> it is but, i mean, they continue to come back to the fact that earnings season will by far trump any real impact of the trade dispute that is now global in nature. >> and
companies like brown foreman, which 30% of sales are at risk now that everyone is imposing taxes andariffs on our bourbon and our whisky this hurts certain industry and certain companies. i think it's why you saw the dow last week shed 2%er have us is the smaller cap, russell 2,000 which has been on a roll did you see china? down another 1%. >> the reserve requirements are easing. >> yeah. they're easing. >> the currency is down a lot. >> and the concern is perhaps...
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Jun 6, 2018
06/18
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CNBC
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going up that's thor industries kelly, back to you >> eric, thank you tariffs came up as well on brown foreman'setals cost are tremendous for these rv makers also when gasoline prices go up right or wrong, these stocks suffer. >> when it takes what did they say? 200 gallons to fill one. >> most people using them don't drive a huge number of miles a year >> you've got to park somewhere and hook them up >> it's a hassle >> raw materials and tariffs, pressures on thor industries today. u.p.s. is trailing the market after 200,000 union workers voted to go on strike if no deal is reached when their contracts expire end of the month. including an increase the the part-time and starting wage and increased contributions for their health, welfare, and pension funds. welcome back >> thank you, kelly. how are you? >> good, thank you we had spoken before on why u.p.s. had beaten fedex. how likely is this strike and how much damage would it do? >> well, i don't know it's that likely but the threat of the strike will do plenty of damage even if there isn't one. the bt tom line is you have to make contingency
going up that's thor industries kelly, back to you >> eric, thank you tariffs came up as well on brown foreman'setals cost are tremendous for these rv makers also when gasoline prices go up right or wrong, these stocks suffer. >> when it takes what did they say? 200 gallons to fill one. >> most people using them don't drive a huge number of miles a year >> you've got to park somewhere and hook them up >> it's a hassle >> raw materials and tariffs, pressures...
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. >>> the parent of jack daniels, brown foreman report a decline in profit because their expenses are. >>> look at signet jewelers, they make money, investors like that. up 15%. >>> fitbit chief is quitting. joining a self-driving car start-up and fitbit is down more, six bucks a share there. oil and gas producer devin energy streamlined operations, the market likes that, up 5%. and now look at tesla, they claim big progress with batteries. two years ahead of everybody else with batteries. it's a battery company and the stock is up 5.8%. $16 gain for tesla. above $300 a share. and the dow industrials are up 139. >>> california releasing list of top tax delinquents, and the list includes famous hollywood names. you can guess who's on that list? in a moment. we will tell you. . stuart: the high of the day! up 163 points. close to 25,000 on the dow. it is a rally. >>> now we teased this before the break, and here we go. hollywood names on the california top tax delinquent list. top of that comedian chris tucker owes $1.2 million. he blames poor accounting and bad management. other names
. >>> the parent of jack daniels, brown foreman report a decline in profit because their expenses are. >>> look at signet jewelers, they make money, investors like that. up 15%. >>> fitbit chief is quitting. joining a self-driving car start-up and fitbit is down more, six bucks a share there. oil and gas producer devin energy streamlined operations, the market likes that, up 5%. and now look at tesla, they claim big progress with batteries. two years ahead of...