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Dec 20, 2017
12/17
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navistar said it benefit from stronger sales and steady improvements in new products. the company called 2017 a breakthrough year. >> it was a good quarter for us. and it was the second consec quarter profitability. it contributed to being a profitable year. this is our first profitable year since 2011. >> navistar shares are up on the session. >>> carnival reported results well ahead of estimates, saying higher ticket prices helped offset negative impact from all those hurricanes this past summer. the world's largest cruise operator said bookings for 2018 are already stronger than last year's. carnival said growth is coming from all areas of the globe. >> it's really being driven by almost every market in the world. but really, it's by creating demand, creating excess demand to capture more of the value that exists between a cruise and the equivalent land based vacation. >> carnival shares rose 2% to $68.13. >>> the hospital operator tennent health care said it may consider its profitable medical building and debt collection unit. tennent, which really announced cost
navistar said it benefit from stronger sales and steady improvements in new products. the company called 2017 a breakthrough year. >> it was a good quarter for us. and it was the second consec quarter profitability. it contributed to being a profitable year. this is our first profitable year since 2011. >> navistar shares are up on the session. >>> carnival reported results well ahead of estimates, saying higher ticket prices helped offset negative impact from all those...
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Dec 19, 2017
12/17
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let's bring in troy clark, the president and ceo of navistar. by a wide margin $1.36 versus 84 cents. revenue better than expected paint a picture of what the fourth quarter was like for you. >> yeah. it was a good quarter for us i think it was -- it was the second consecutive quarter of profitability for a company that's been in the turnaround for the last several years, and it contributed to being a profitable year. this is our first profitable year since 2011. >> do you feel like the legacy issues that have been well documented that hampered you for so many years, are they finally in the rearview mirror completely >> you know, every day they've gotten smaller and smaller in the rearview mirror and they fall off there's still a couple of things we're still out there doing. the thing about that is we're working to take care of customers and making sure that we're on their consideration lits for the next round for their next buy >> in terms of demand and in terms of the economy overall, it appears to be perhaps its strongest, i would say, in at
let's bring in troy clark, the president and ceo of navistar. by a wide margin $1.36 versus 84 cents. revenue better than expected paint a picture of what the fourth quarter was like for you. >> yeah. it was a good quarter for us i think it was -- it was the second consecutive quarter of profitability for a company that's been in the turnaround for the last several years, and it contributed to being a profitable year. this is our first profitable year since 2011. >> do you feel like...
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Dec 21, 2017
12/17
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navistar announced today that they are looking at the strongest year they have had in a decade.looking at this economy was am chugging along, consumer confidence has increased under president trump. he has kept most of his promises, and it is hard to argue with 2.2% growth in this -- 2.3% growth in this last quarter economically and record unemployment jane: good news for business, but how do you sell this to middle-class americans who say they are going to be paying more taxes? mica: some of that is just democratic rhetoric and it is all hat, no cattle. i think that once a family, for example, household of $75,000 can hope to see $2000 in 2018. most families don't even have an additional $500 for emergency expenses. this is huge, and as they begin to see in mainstream america that they actually have more money in their pockets rather than giving it to the government, and over time, as businesses grow and wages increase, americans will buy into the bill. jane: do you think this will happen in time for the midterm elections next year? mica: absolutely. i think the landscape looks
navistar announced today that they are looking at the strongest year they have had in a decade.looking at this economy was am chugging along, consumer confidence has increased under president trump. he has kept most of his promises, and it is hard to argue with 2.2% growth in this -- 2.3% growth in this last quarter economically and record unemployment jane: good news for business, but how do you sell this to middle-class americans who say they are going to be paying more taxes? mica: some of...
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Dec 19, 2017
12/17
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navistar, the truck maker, the company saying that the fourth quarter profit has a strong revenue growthnd 2018 is shaping up to be one of the strongest industry years this decade. thanks to strong sales at olive garden, comparable sales overall rising by more than 3%. mark: let's get to the latest on brexit. just as the key ministers were starting to unite on trade policy, the eu chief trade negotiator is taking a hard-line position, telling "the guardian that he won't accept a special carve out for the u.k. financial services industry. what will it mean for the next round of talks? n.ining us is ia seems as if the next round of talks begins with a divide between what the u.k. wants and what the eu is willing to give. ian: well, that's right. and it looks like it is a big divide. what happened last week is there 2017 leaders gave the green light to move in stages through the brexit negotiations. the second stage is dealing with the future relationship of what comes next. what you see today is the chief negotiator delivering the first blow in the negotiations by saying, basically, to the
navistar, the truck maker, the company saying that the fourth quarter profit has a strong revenue growthnd 2018 is shaping up to be one of the strongest industry years this decade. thanks to strong sales at olive garden, comparable sales overall rising by more than 3%. mark: let's get to the latest on brexit. just as the key ministers were starting to unite on trade policy, the eu chief trade negotiator is taking a hard-line position, telling "the guardian that he won't accept a special...
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Dec 19, 2017
12/17
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the biggest rise in the ten day-year-old darden restaurant rallying, beating earnings estimates navistar is soaring to 10% the truck maker comfortably beating profit estimates revenues also beat navistar calling 2017 a breakthrough year of the company. shares of chicago iron tanking, being bought by mcdermott international for $6 billion in stock. the two companies provide construction and engineering services for the oil and gas industries that stock down almost 7%. >> thank you very much, melissa. >>> welcome everybody, i'm tyler mathis mathisen we begin with breaking news. the house all set to vote on the big tax bill in the next half hour the biggest change to the u.s. tax code since 1986 or thereabouts. it will affect every business and every household in this country one way or another the senate could vote tonight, send it to the white house for the president's signature. ylan knew wi has been there forever it seems covering this story. >> tyler, this looks like a done deal for republicans vice president mike pence is coming to capitol hill to have lunch with the senate gop, he's
the biggest rise in the ten day-year-old darden restaurant rallying, beating earnings estimates navistar is soaring to 10% the truck maker comfortably beating profit estimates revenues also beat navistar calling 2017 a breakthrough year of the company. shares of chicago iron tanking, being bought by mcdermott international for $6 billion in stock. the two companies provide construction and engineering services for the oil and gas industries that stock down almost 7%. >> thank you very...
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Dec 19, 2017
12/17
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. >> beating top and bottom line, navistar. >> beating revenues and margins across the board guidances conservative i like cummings and it's lagged so that's the one i raised >> darden raised guidance, beat earnings and revenue estimates as well. >> sure d.a name you want to be in there's still room to grow none downtown chicago. we want an olive garden, darden, in downtown chicago. they have one this times square. i mean, come on. i want the bread sticks. >> fair point. needham initiating coverage on michael kors with a buy. pete >> they made acquisitions and look at the promotional, less of that and innovative side, they have done that and for all the reasons, michael kors, look at the valuation, not like this thing has absolutely screamed to the upside and you're look at the valuation that gets scary in the middle tones i like this move. >> you sure there's no olive garden in downtown chicago. >> positively. >> i guarantee you she's not been eating at olive garden. >> not three months after having that little beautiful baby girl. >> i get an extra 500 to 900 calories a day. >> all
. >> beating top and bottom line, navistar. >> beating revenues and margins across the board guidances conservative i like cummings and it's lagged so that's the one i raised >> darden raised guidance, beat earnings and revenue estimates as well. >> sure d.a name you want to be in there's still room to grow none downtown chicago. we want an olive garden, darden, in downtown chicago. they have one this times square. i mean, come on. i want the bread sticks. >> fair...
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Dec 19, 2017
12/17
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navistar, 6 1/2% up. >>> activist investor starboard value, bought almost a 10% stake in cars.com.ays that stock is undervalued. it is up 4%. "cars".com is an on line research tool for car buyers. >>> the senate reportedly probing green party presidential candidate jill stein for possible, wait for it, collusion with russia!. liz: senate intelligence, richard burr making those comments. go back to december 2015. the moscow-backed, kremlin-backed, rt, russia-backed media network, rt, has 10th year anniversary. jill stein goes to it. sits next to putin. michael flynn also at the table. flynn got $45,000 for that dinner and perks paid. they want to know if jill stein was paid for the dinner and she was booked to appear on the rt network. her campaign will give over documents. we'll post them at same time to jill steyn website. she is fighting back. political free speech, first amendment rights. stuart: did she or did not get paid to go to the dinner? liz: she did not get bad for the dinner. >> admin mission to get paid would be admission stray of capitalism. stuart: interesting jill s
navistar, 6 1/2% up. >>> activist investor starboard value, bought almost a 10% stake in cars.com.ays that stock is undervalued. it is up 4%. "cars".com is an on line research tool for car buyers. >>> the senate reportedly probing green party presidential candidate jill stein for possible, wait for it, collusion with russia!. liz: senate intelligence, richard burr making those comments. go back to december 2015. the moscow-backed, kremlin-backed, rt, russia-backed...