that is the story with dell. dell has long-term debt of about $47 billion.he shares did not really move after its earnings today and they will have a call later. taylor: i want to talk about that deal, this cybersecurit ies space, selling off $1 billion. is this because they wanted $1 billion to pay down some debt or are they exiting the cybersecurity business that they don't want to be in? liana: as i understand, even if dell gets over $1 billion for rsa, a pioneering cybersecurity company it got through acquisition a few years ago, that will not move the needle for paying off debt. they still have $47 billion in long-term debt. but it will help the company become leaner. they are really more focused on pc's, storage, infrastructure, and cybersecurity is not a huge focus for them anymore. it has been reported dell has looked before in selling a stake at secure works, a cybersecurity services provider. $1 billion, even if it does not -- does sell, will not be a huge needle mover but it is a big story because rsa is a big name. taylor: it's also a big story b

scarlet: we have earnings out of dell right now.reported third-quarter adjusted eps beat the analyst estimate, 135. let's bring it bloomberg's ed ludlow. desktops, laptops, and software to business really saving the day for dell. the one stop shop strategy really working. it is the third consecutive quarter beating expectations. that was adjusted revenue in the quarter of 22.9 billion. growth in those units and offset it declines in the data center and software business. double digit, majority interest in software maker vmware. alreadyike cisco and hp big pain in this quarter. -- i want to talk about the debt sure as well. 2016, a record tech deal at the time. dell has really paid down a lot of debt, $18 billion in debt. they say they are on track to pay down more than five dollars in gross debt in this fiscal year. -- $5 billion in gross debt this fiscal year. bloomberg intelligence rating this morning that a sale of a unit could expedite the process of deleveraging throughout the rest of this fiscal year. we will be looking for th

taylor: getting announcements from dell. we'll call it dell technologies on demand. it's a pay-as-you-go subscription service. dell typically, you can pay a business that pay as lot of expenses out front for the hardware and lowers those expenses over time. this will be a change in model where customers or businesses don't have to pay as much up front but are going to more of a monthly based subscription service in order to view some of that hardware or call service on demand, a pay-as-you-go service. this is sort of a model we heard from, like the cloud companies, like in amazon and microsoft and analysts really like this structure and the recurring revenue, every month you're getting revenue coming in so this is sort of modeling off of that subscription model so dell technology is transitioning this morning. they're saying at gardner research firm is saying 15% of data center hardware deals will be on a pay per user pricing. that five years, 2022 up from 1% currently in about 2019, so you're going to start to see a little bit of this shift. dell saying they expect

the dell cfo says the shortage will affect dell's ability to produce a lot of these commercial computersclients. we heard from intel last week. they said they are facing a lot of challenges due to a shortage in inventory and some other things. intel makes up about 17% of the chips that to go to dell. frustrationing some from the intel side, given their shortages on inventory. what this all means is revenue growth is slowing. as you can see for 2020, you are 1.9%venue growth of only and the following year 1.7%. analysts pushing the stop lower, down almost 5%. guy: is this a dell issue or an industry issue? taylor: it seems to be a little bit of an industry issue. a year to date basis dell has been underperforming. they are about unchanged for the year. their competitors are flat as well. cisco unchanged, hp pretty much negative for the year. this does seem to be some problems going on in the industry. romaine: thanks to taylor riggs with the stock of the hour. time for a bloomberg business flash. a look at some of the biggest business stories in the news. let's start out with the billiona

dell has lowered its annual revenue forecast. .nent shortages from chipmaker intel hurting growth prospects. that is despite surging corporate purchases of new personal computers. still, dell faces falling demand for services and networking gear. david: for more on tech, we are going to talk now with christian lawrence of rabobank, who is still with us. . the valuation is pretty high. the s&p price index is up pretty high. it is up the highest it's been since 2009. what you make of tech? christian: it is interesting because tech is such a broad category, but we can break it down into those that are more value driven and those that are more growth driven. i think that is key. when we look at the s&p 500 this year, we can see a fairly straight line higher. if we break it into those components, we see quite high sensitivity to interest rates. when interest rates are going up, we tend to see value outperform growth. that is true within the tech space as well. i'm always a little reticent to group them as one entity when really, tech st

dell founder michael dell joins us in minutes with his views on tech sector growth, deal-making and headwindstching "squawk box" on cnbc platform in the cloud age. when we started datadog nine years ago, our mission was to break down silos and bring teams together. nearly 9,000 of the world's most innovative companies rely on our platform daily to run their business and delight their own customers. we see a massive opportunity in the years to come, and as we celebrate today's milestone, we are even more excited about the future. congratulations datadog. val, vern... i'm off to college and i'm not gonna be around... i'm worried about my parents' retirement. oh, don't worry. voya helps them to and through retirement... ...dealing with today's expenses... ...like college... ...while helping plan, investand protect for the future. so they'll be okay . . . without me? um... and when we knock out this wall... imagine the closet space. yes! oh hey, son. yeah, i think they'll be fine. voya. helping you to and through retirement. i am royalty of racing, i am alfa romeo. >>> welcome back to "squawk box

carl icahn turns hostile in its bid for hp >> and dell shares dropping in after hours trade as they slash its full year revenue cost and blames a chip shortage from intel. >> i feel like a bit of a broken record saying this every day, but we have new wall street record highs yesterday for all the three majors yet again inching higher yesterday more optimism on the trade talks as well with the u.s. president saying that they are in the final throes of reaching a potential deal and that has given a boost to asian markets as well. the stoxx 600 reached a four year high. so very good dumomentum and you can see that there is a green board right behind me. all the majors are trading positive ftse 100 the outperformer up about 30 points. good performance in the mining sector so that is the uk. xetra dax up about a ten it th t as well. pointing in the right direction. and we are getting momentum in the last half an hour or so. switching to sectors, we have some of the cyclicals trading on the down side, chemicals just below the flat line. one company in particular we're looking at is lufthansa, t

a conversation where he sees the world and dell in ten years.out the trade rift now with china and who in his opinion will come out worst over the next decade should there be a long term split. here's what he said. >> you have to be ready for either scenario, either a bipolar world where you have a china centric and u.s. centric, but if i'm the chinese government and the u.s. government and i run out the mpv calculation of a bipolar world versus something else, the bipolar scenario is really bad >> for both? >> especially for china. >> why especially for china? >> well, because china has built a manufacturing base that is the factory for the world in many regards, and if you imagine a bipolar scenario, the u.s. and all its allies, no android, no applied materials, no tokyo electron, no amsl, no intel, no microsoft, no arm holdings, how do you make stuff? no texas instruments, no analog devices. >> they can't build enough of their own versions of those? >> take a long time, take a long time it would be a huge set back. >> and that's certainly wha

adam schiff has the four dell devin nunes, the ranking member, that he cannot have any other member on that committee have time to ask questions. in every committee today, it doesn't mattered what tissue, is you can use your -- yield your time to another individual, but not now. will the public be able to see what's inside these four new seek ratted depositions in the basement? no. 75%, three-quarters of the entire congress cannot be included. >> brennan: so who is it that you want to see? that was the question i asked. >> well, i think the very first person, we should bring adam schiff and his staff. he's the only individual in america -- >> >> brennan: for a public hearing? you want to question the chairman of the house intelligence committee? >> yes, i would, because he's the only person who knows who this whistleblower is. he refers to himself as a ken starr. how many times did he meet with the whistleblower? what did he talk to the whistleblower about? because when the whistleblower even went to the inspector general, he never mentioned that he went with adam schiff. remember what

let's start with dell technology, if you can see down 3%, eps at a dollar 62.pect on revenue 23 billion plus change. this company is expected on cybersecurity and the billion dollars for that. we see they are up 10% year to date, let's talk about hp, a lot of talk about whether xerox was a mouse eating account, hp is much bigger, they are down today and we are expecting eps of 68 cents a share. if 2.8 billion. finally the dell is the majority shareholder, that's what the expected revenue of 2.4 billion and the stock is down again ahead of the report is up 19% since our last report. we will have to wait and see but lots of trust sedation going in for these companies. back to you. liz: thank you very much. right now they are at session highs at this very moment. we just doubled game gains, werp 66 points, i gotta give optimism about the potential for phase one trade deal were in the throes of the final stages of signing that. let us hope and see. in the meantime thanksgiving we can is time for family and black friday fun with the closing bell ringing and nine min

and the radio station when i went to visit had the doors still closed and it's effectively inside a dell laptop playing music, pumped in from some big cities somewhere else on a loop. couple miles away there's a local broadcast that is investing in the community and has local programming and wants to purchase this station and bring that same local content to wyoming and our rule says that because we want a diversity of voices we can't have that but that does not make much sense to me if we want to preserve a dell laptop spinning tunes from some distant city over actually investing in a local news gathering. i think our approach needs to open the door to consider those types of transactions. >> host: finally, commissioner carr, the federal trade commission's role has changed in the last couple of years vis-À-vis the fcc. how is that working out? >> guest: i think we are working well together. we have a series of memorandum and understandings and collaborated on everything from online privacy to all sorts of tech issues and that relationship is going really well. >> host: brendan carr is o

it was up 21% or also 13% if you don't count carbon black and i'll be back shortly with dell's resultsst crossing as well >> thank you very much, john we will come back to you when you are ready with those results. >>> still ahead, oil prices are up nearly 8% since the beginning of october, we'll break down the charts to see whether this crudes comeback is actually for real >>> plus, hormel shares surging after consumers like "mad money's" jim cramer gobbled up spam and other products recently hormel ceo jim snee will break down the company's earnings report, coming up next on "closing bell. thank you. ah, you could say that. so how are things with you guys? great. thank you. thank you, sir. lunch next week? terrific. say hi to the team. will do. call my office, i will. -sounds good. alrighty. servicenow. works for you. >>> welcome back guess earnings are out and rahel solomon has them for us. >> it was a mixed q3 for fashion retailer guess let's start with eps, it came in at 22 cents adjusted the street had been expecting 18 cents. revenue was a miss that came in at $616 million, the

dell is exploring a sale of its cybersecurity business.l hopes up get at least $1 billion for security. the company acquired rfa in a takeover. that is your bloomberg business flash. alix: time for bottom line. we look at three companies worth watching this morning. i am looking at chesapeake, getting a approval rating. one analyst likes their debt reduction plan. it is realistic to reduce their leverage ratio. i cannot believe they are trading at $.61, that is crazy for a company as big as chesapeake was. sic semper gloria, as they used to say in rome. share $1.70 to $1.80. the stock is reacting as you would expect, down 13% in premarket trading. there is still value, but the reason is what is interesting. sectionany estimates 301 tariffs will increased its cost of goods sold by $19 million. they are saying tariffs are hurting their bottom line. they are also talking about wage pressures and that is something we were talking with bob doll about. alix: the third company is kirkland lake lowball, the company announcing a $3.7 billion deal.

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dell faces following demand.pressure to force -- step down. the firm holds about 2% of colony's shares. they have lost confidence in ck, who is distracted by at least two investigations. that is the bloomberg business flash. francine: the path to the december 12 election in the u.k. continues today. in a couple of seconds, nicola sturgeon will unveil the manifesto for her party. we understand she will say boris johnson is dangerous and unfit for office. she will also demand that labour increase its nhs spending. if you look at the various possibilities if there is a hung parliament and who could form a coalition, it is fractious and you do not see anything that is a good fit. also happening, the e.u. parliament votes on the new leaders of the e.u. commission, plenty of economic data to look out for. core pce for the third quarter. the fed will release its u.s. beige book. greg boutle still with us. what what i policy mistake from the fed look like? greg: i think the market has come toward the fed being on pause t

that's michael dell country. of people want to be in austin now people used to talk to me how they wanted to be the next silicon valley now cities are talking about how they want to be the next austin. he certainly had a front row seat to that trends around ai and globalization, around data, data privacy, data protection we're going to have the camera there, we'll bring you all of the best >> looking forward to it, jon. we're going to miss you here though >>> meantime, we're going to check where we stand across the major averages they're all lower now. dow down 57 points s&p down two-tenths a percent. so is the nasdaq back in a moment ay, she's the next mozart. as usual we were behind schedule. but sophie's enthusiasm cannot be dampened. not even by a run-away donut. we powered through it in our toyota prius. because a star's got to shine, no matter what. it's unbelievable what you can do in the prius. toyota let's go places. if you're on medicare, remember, the annual enrollment period is here. the time to choos

kip dell on the unusual get together over dinner at mark zuckerberg's home. >> reporter: the meetingok here at the crescent park neighborhood it lasted for more than two hours and was apparently no holds bar. >> like it or not, zuckerberg was getting an ear full. a group called media matters is calling out facebook for allowing political ads with false information and also for partnering with the far right website bartbright news. >> we're going to take to the skies and to their home court. we're going to build the pressure necessary and mark zuckerberg needs to start listening to its own employees and the larger public. >> reporter: last night, zuckerberg attended a get together. al sharpton said we told him we feel the exemption for politicians could use to suppress census taking. >> we've seen how politicians regularly traffic stereo types. >> reporter: cara is the executive director and was at the meeting. >> this is the document i handed mark. >> reporter: she specifically mentioned to him this postby a state senator who falsely claimed omar attended an al- qaida camp. >> facebo

in the past we said, hey, we made hp, dell, few j, we made it okay and so now we'll make it okay andniquely positioned in the industry to enable both the integration of the path and future and multiclouds in to the future, super well positioned on this key technology >> talk to us about carbon black. you have that now. we talk about security a lot but security stocks stand alone. and are often some of the most volatile so how are you going to make carbon black an integrated part of vmware that delivers i guess reliable earnings going into the future how do you integrate it and monetize it in a way that is profitable >> and i've been very critical of the security industry where i've said, you know, every year for the last ten years this has been the fastest growing piece i.t. budget. but we've had faster growth in the number and cost of breaches. that is the definition of a broken industry. thousands of products and suppliers who are spending more and getting less from the customer this is broken and what we're doing is building security into the platform we're building it in the netw

visit irradiate -- a radio station and it had its doors is still closed and it is effectively inside a dell laptop that is playing music pumped in from some big city from loop.ere else on a a couple miles away, there is a local broadcaster that is investing in the community, has local programming, wants to purchase the station and bring some of that same local content to wyoming. our rule says that because we want diversity of voices, we can have that. that doesn't make much -- can't have that. that doesn't make much sense to me, that we want to preserve a laptop spinning tunes from some distant city over actually investing in local newsgathering. i think our approach needs to at least open the door to consider those types of transactions. >> finally, commissioner, the federal trade commission's role has changed in the last couple of years. how is that working out? >> i think we are working very well together. we have a series of memorandums of understanding. we have been collaborating on everything from online privacy to all sorts of tech issues. i think that relationship is going really w

contra cámaras nicolás fue arrestado por dañar este dispositivo en los 1017 tras pagar una fianza dellena pistola una m metralla dora >>> no escuela, se vio interrumpida cuando tuvieron que alertar a la policía sobre un arma de fuego vámonos con andrés y la policía de la ciudad andrés muchos pensaron que de un simulacro pero no fue así como cuéntanos >>> siempre tienen en caso de que reportes de tiroteos con la presencia de un arma en este caso no fue así sí había un arma de fuego y un cartucho con cinco balas. hoy los estudiantes de la escuela, parecían jugar con tranquilidad en el patio pero el miércoles en la mañana el terror se apoderó del plantel educativo . >>> después de que hubo reportes de un arma alertaron a los pa padres del estudiant los estudi reportando lo ocurrido la policía llegó en cuestión de minutos >>> mis hijas me textil ya no estaban muy asustadas porque b habían policías afuera y no podía salir a sus clases cuando escuchas eso dentro del plantel el ánimo era de confusión >>> muchos padres aseguran que tristemente esta es la nueva realidad con la que hay que vivir

but now, there's the dell technologies cloud, powered by vmware.tent operating experience across all your clouds. that should clear things up. at bayer, we're into the golden years. with better heart treatments, advanced brain disease research, and better ways to age gracefully. at bayer, this is why we science. ever since you brought me home, that day. i've been plotting to destroy you. sizing you up... calculating your every move. you think this is love? this is a billion years of tiger dna just ready to pounce. and if you have the wrong home insurance coverage, you could be coughing up the cash for this. so get allstate and be better protected from mayhem, like me-ow. >>> one quick follow-up to that report we just had about the president changing his official residence from new york city to florida. governor andrew cuomo has now responded to that report. the response from the governor is this. quote, good riddance. it's not like mr. trump paid taxes here anyway. he's all yours, florida. aww. that's does it for us tonight. we'll see you again tom

aaron dell, had 37 saves and the crowd chanted "pay your markers." balls of gambling debt he owes to a local casino. >>> coach k starting four flesh against cal. duke is ranked number 1 in the country because of that man. mourning carry, jr. scored 31. else 6'10", had more blocks, more points, more rebounds than cal's entire starting five. duke won 87-52. >>> nfl, desean watson smoking it against the colts. how about putting the bread in the basket. houston takes first place in the afc south. good news is that the colts' loss means that the raiders are taking over the last place in the playoff. >>> yoga goat hits tnt and now apparently goats help folks with anxiety and depression. they actually put two old goats on barkley's back. kevin durant's achille's tendon might still be in recovery. the shot was good. he won't make his debut until next year. bark to the cal game. somebody told alex o'connell there was give necessary on guiness on that rim so he went and got it. this is mueller, a rugby player. how they plan to get back on the horse. >> we have

at walmart a deal on 15" dell laptops. and along with a $200 savings, free two-day delivery.s the best thing to buy on the holiday shopping weekend >> consumer electronics would be the way to go because you could knock off everybody on your list if if you want but it's a great time to shop. >> reporter: amazon is rolling out black friday deals by the minute 45% off streaming devices. when is best buy's steepest door busters, 350 bucks off samsung 4k smart tv coming in at 550 plus free next day dw livery >> now it's thanksgiving and black friday and you see how much joy people have >> reporter: something to be thankful for now through cyber monday >> you hear what she said? you see how much joy you have? but those are pretty good deals. less than 100 bucks. >> and this is a marathon, not sprint >>> just ahead why black friday is clogging up more than just stores moe raon cisasr yourhrtm vimath we'll have the top holiday film oz of the season ay, it's the last thing i want to do. well i switched to swiffer wet jet and its awesome. it's an all-in-one so it's ready to go when i a

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that's why ma jun wants to ensure international consumer goods companies like dell, adidas, and h&m keepon the environmental records of their suppliers. ma: first question is always like, "we have a gre policy, but in china, sorry, i just don't know who is polluting and who is not." and i still remember the first meeting where we were able to tell them that, "look, we have some data." reporter: steel and cement production are huge sources of pollution. as china's economy has grown, its infrastructure has also expanded. in the last three years, the coununtry has useded more cemt than thehe u.s. did inin thente 20th century. and china'bubuildingoomm continues.s. tom: basicalally, any trenendn teterms of indusustry or the pr sector herere, ultimately, any trends in coal consumption, are of importance to the whole world. reporter: and these trends can be positive. china has become a world leader in solar power, for example. no other country invests as much money in renewables as beijiji. solar power is n now cheaper tn grid electricicity in much of e country. back in the mountains near beiji

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dell has underperformed and is having a hard time today hp and cisco they're all older and wedded tostructure on average, these three traded ten times, on average these three traded at 30 times earnings we're clearly in a market that wants the new thing, the disruption they've become new generation tech it's kind of a cloud business all together as well as a bit of social exposure there, too the market can be persuaded. you can can have a fountain of youth moment but it's hard to get out of that old tech label. >> does microsoft suggest that cisco or whoever else could suddenly get that multiple again if only they could deliver a couple more quarters of growth or is there something more to it >> i'm going to say no to suddenly, because it took microsoft a decade to kind of reorient itself and pull away. i don't know that it's necessarily possible it's definitely a long shot, if nothing else just given where our core businesses seem to be. dell is trying to transform. >> key point tech is leading the charge but it depends what type of tech you're talking about. >> absolutely. >> still

emissions to show for us that's why margin wants to ensure international consumer goods companies like dell. and keep tabs on the environmental records of their suppliers. 1st question there's always like you know we have a green policy but in china sorry i just don't know who are polluting no doubt and i still remember the 1st meeting that where we were able to tell them that look we have some data. steel and cement production are huge sources of pollution as china's economy has grown its infrastructure has also expanded in the last 3 years the country has used more cement than the u.s. did in the entire 20th century on china's building boom continues. its. basically any trends in terms of industry or the power sector here ultimately any trends in coal consumption are of importance to the whole world. and these trends can be positive china has become a world leader in solar power for example. no other country invests as much money in renewables as beijing solar power is now cheaper than grid electricity and much of the country. back in the mountains near beijing john john funk is confident

i think people have to be at the concepts illusions my name is a mix up she's on and i work at the dell fields. this is deja vu news live from berlin a smash and grab and a spectacular haul thieves break into the royal palace in the german city of dresden and make off with diamond jewelry up and measurable cultural value museum authorities are still figuring out what is missing. also coming up at least 13 are dead and hundreds injured as an earthquake hits albania rescue workers are trying to find people trapped in collapsed buildings but there's no word yet on how many they're looking for get the latest from the capital tehran.

difficult growing and harvesting conditions is one of two downward revisions to guidance, including dellwhere we're still talking and wondering whether this is about enterprise pain or intel chip shortage. >> the deere announcement, you say, that's kind of what you might have expected given foreign economics now and stress in that area the stock is up 20% from the august low it was part of this broader trade toward cyclicals, maybe we have seen the bottom, we can reaccelerate from here and right now, it is not an expensive stock, but it in terms of how it typically trades is maybe -- had been a bit ahead of itself, to absorb this kind of a guidedown. >> typical cyclical. >> without a doubt question is, is it going to have leg and you'll see caterpillar, i mean, agco will open layer it will go beyond this exact equipment sector, to encompass broader industrials, i doubt it, it is ag specific in terms of the nature. >> a lot to work with on a day where liquidity drys up before the holiday. joining us with perspectives on this record-setting market, david zervos, happy thanksgiving, good to

i don't think michael dell will let that continue. hp is fighting this faux suitor, xerox, which is too small to acquire them i want to know how their actual business is doing. remember that? maybe the most exciting quarter will come from vmware, the cloud king that's recently regained its momojo, along with splunk, d salesforce.com just like i predicted again and again, you've got to go back to growth, people the migration of the cloud is still in its early innings we're only maybe 15% of the way. you'll hear from some companies later on talk about that. which gives all of these companies an enormous amount of runway, very positive. we get results from hormel, the food company best known for spam and this stock has always worked its way back to its old highs. i keep thinking about america's new love affair with spam. hey, there's no accounting for taste. but the profits could be there last but not least, we heard from avi, analog devices all we get here in silicon valley, we've listened to semiconductor ceos talk about robust growth.

that's why dell technologies created unified workspace, powered by vmware. ♪ a revolutionary solution manage, support and secure all your devices from the cloud. so you can stop going in circles, and start moving forward. that could allow hackers devices into your home.ys and like all doors, they're safer when locked. that's why you need xfinity xfi. with the xfi gateway, devices connected to your homes wifi are protected. which helps keep people outside from accessing your passwords, credit cards and cameras. and people inside from accidentally visiting sites that aren't secure. and if someone trys we'll let you know. xfi advanced security. if it's connected, it's protected. call, click, or visit a store today. damion: that's what you do to piss me off. patronize me like that -- that's what you do. little things like that -- that's what pisses me off. lemonis: hey, jack, let's you and i take a walk. okay, buddy? ♪ jack: i'm in the middle of, like, all of that and always have been. i've made nearly every single gazebo the company's ever installed, working seven days a week, working th

but now, there's the dell technologies cloud, powered by vmware.for a consistent operating experience across all your clouds. that should clear things up. >>> welcome back. we've got some alarming new information about climate change to share with you, as wildfires continue to burn in california, forcing residents to evacuate and leaving both neighborhoods and farmlands scorched that hadn't been scorched before. a new article in the "wall street journal" warns us, as devastating as these fires are right now, climate change will only make them worse. and of course, climate change dangers aren't just from fire, but water as well. a new report released tuesday from climate research organization called climate central warns that some new elevation data triples some estimates of global vulnerability to sea level rise and flooding. all right, translation, new data is telling us that the dangers of climate change are simply way worse and the impact will impact many more people, and it's all happening much sooner than any of us thought. "the new york times

the government points to points and earlier this week the president of iraq said prime minister of dell until. ninety would resign if a replacement could be agreed upon. for many processes the issue is much deeper than which politician is prime minister. we don't have on his government it's not just not allowed- mahdi whose corrupt all politicians who've been ruling a rocker collapse we don't want to i was i don't until monday. you want all the corrupt politicians to be uprooted if i'm the mahdi is fired. they'll bring one in who is worse than i thouought. within the issues a long time despite the nation's most oil wealth. job prospects in the country on pole. many have no access to clean water and electricity. on the quality of healthcare and education are often basic. these issues they argued that will only be addressed not with the change of prime minister. but with a radical transformation. to iraq's government and public policy. after two weeks of unprecedented protests lebanon seems to be slowly returning to normal. thanks re opened friday and large but orderly lines dispelled fea

you that are getting outside this early thursday morning we are seeing some fog but it's out to the dell tied down to the central valley you may see it streaming through the cartoon is briefly, but overall we say fog free this morning and we are a lot calmer than we were yesterday winds will calm down across the bay area. some areas remain calm yesterday while others like napa and santa rosa did see breezy conditions at times. now red flag warnings have expired a bit of good news for those of you that were concerned about the high fire danger yesterday, 40's and 50's for today's temperatures right now at these are those temperatures that will wake you up the hayward at 48 degrees the lay 46 and then look at santa rosa. only a 36 degrees. so cooler morning on average than what we

also after the bell dell's revenue missed expectations hurt by higher costs and lower demand in servercause of those trade tensions whicho with china. shares volatile in the after hours trading closing the rer session down more than 3% to 53.19. >>> 2019 willot go down as one of the best years for the auto indust. in fact sales around the world have posted the biggest decline since the recession in 2008. phil lebeau elains why auto sales stalled. >> ever a a decade of building and selling more and more cars around the world, auto makers have been forced to hit the brakes. in the u.s., sales softened slightly. as they have in europe. but the bgest decline is in the world's biggest auto market, china. where sal are down 11% this year. as a result, f says global auto sales that peaked at almost 82 million in 2017 have dropped by almost 5 million vehicles since then. china's slowdown is due to a variety of factors, including e enof some government incentives encouraged the public to buy certain vehicles like electric cars. meanwhile sales in the u.s. have eased due to americans buying a re

one company taking a beating is dell technologies. it cut its sales forecast for fiscal year 2020.u keenan is following the after hours. quarterly profit beat wall street estimates, but they don't like what they saw in the future. gettingrosy outlook is the stock slammed. it is down as much as 4%. it is continuing lower during the conference call. the 2020 sales forecast disappointed. it slipped further off. also, they missed on revenue. again, revenue increased 1% to $22.9 billion. they are paying $1.1 billion in debt. that was part of the story. we mentioned quarterly profit beat estimates. clearly, there is a focus on the outlook, particularly in this environment. they narrowed their guidance for 2020. 92.5 billione range. that is slightly lower than before. paul: best buy coming to the rescue. what is the story? su: best buy is the poster child for the retailers fighting amazon. it is talking strong holiday season. let's go to the regular retail sector. you can see how it lifted many boats. dick's sporting goods is having tough sledding lately. best buy up the digits. dollar tr

. >>> i'm amanda dell ka still 0 he in fremont. this community went off with two pg&e shut offs. it's working with police to better prepare. >> i'm cornell barnard in the east bay. there are no restrictions on airbnb rentals and everybody wants to know why. >> a bay area father loses his third son to gun violence and he's angry at police. i'm in orinda where the airbnb halloween shooting party continues. abc7 news starts right now. >> announcer: now news to build a better bay area from abc7. >> new developments tonight. the chronicle reports police are looking into whether the orinda shooting was in retaliation for a quadruple killing in san francisco's hayes valley in 2015. >> abc7 news has learned investigators are checking the backgrounds of the orinda victims to see if they can help pinpoint a suspect. some of the victims had ties to francisco as residents. >> a source tells abc7 news no arrests have been made and no suspects have been identified. abc7 news reporter kate larson is live from orinda where, kate, police are being criticized for their response time. >> reporter:

votes were counted this led to the opposition count candidate saying that you know the vote was for dell and that people should come out and protest and in the end as you mentioned huge protests for weeks 3 people killed party officials and government officials resigning left and right some fearing for the safety of their families because of because of the threats that pewters this had been making against them and eventually it appears that even the chief of the army joined in urged mr marla's to quit to resign which he eventually which eventually did yeah well morality himself has touched on some of the reasons why he's choosing to leave let's listen some of his remarks. i mean proceedings. i resigned the presidency why did i decide to resign so that carlos mesa and luis fernando camacho do not continue to persecute my brothers but union leaders. what do you think you meant by that or at well there's no love lost between mr more and more as and carlos mesa the opposition candidate the leading opposition candidate that it's very ironic because it was mr morales back in back at the turn o

ambassador to the in you know it seems to have dell a very serious blow to president trump's defense an extremely damaging hearing for all the president today that could or but assure his impeachment trial of course had insisted quite forcefully that the impeachment inquiry was all part of a witch hunt against him he said that there was no quid pro quo with ukraine basically saying that there were absolutely no conditions attached to an invitation to the white house and military assistance for president selenski of ukraine and that was not conditioned on a public announcement by ukraine that there would be an investigation into president tom's illicit opponent but there are. song than today's seemed to be a direct contradiction of that he is basically suggesting that trump did do it. doesn't this straight the president please then quite sing e-mails that illustrates . the state department was involved that the vice president mike pence knew about it that secretary of state might peo knew about this and that everyone was acting on the ordinance all present day so let's just continue l