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Oct 3, 2013
10/13
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WETA
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aerospace and defense contract tomorrow united technologies released a statement that says it expects to furlough around 2,000 workers on monday, october 7th. they are located in connecticut, florida and alabama at the aircraft division that makes the well-known black hawk helicopter. it's the state's single largest employer. if the shutdown continues into next month it could furlough a total of 5,000 employees affecting all parts of the company. the issue has to do with a lack of inspectors from the contract management agency or dcma. they are deemed non-essential federal employees but without them, united technologies can't manufacture aircraft. and they aren't the only company affected by or voicing concerns over the government shutdown. earlier today the president said the shutdown is leading to further uncertainty with business leaders tied to d.c. >> companies worry businesses will be disrupted because in an area like maryland, virginia where there are a lot of federal workers, you don't know how that will impact the economy. >> reporter: boeing said a lack of u.s. aviation offi
aerospace and defense contract tomorrow united technologies released a statement that says it expects to furlough around 2,000 workers on monday, october 7th. they are located in connecticut, florida and alabama at the aircraft division that makes the well-known black hawk helicopter. it's the state's single largest employer. if the shutdown continues into next month it could furlough a total of 5,000 employees affecting all parts of the company. the issue has to do with a lack of inspectors...
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united technologies makes black hawk helicopter and the engines alking about is e.day, united technologies, responsible for a fifth in the drop in the dow today so what the issue is here is government auditors and inspectors to review and take a look at the machinery and military hardware and product gets sold. that is key here. we have seven million people across the country who are full time equivalent contractors. cheryl: the point is the whether defense contractors are, quote, essential, secretary of defense to get the call. >> we continue to follow. great stuff. thank you. dennis: they see panic bonding. and your response is coming up. cheryl: warnings that washington could be the grinch that steals christmas. i will go 1-on-1 with the vice president of luxury lingerie brand coming up. as we go to break take a look at -- can't find any winners or losers on the s&p 500. [ male announcer ] imagine this cute blob is metamucil. and this pk is the inside of your body. see, the special psyllium fiber in metamucil actually gels. and that gelling hes to lower some chol
united technologies makes black hawk helicopter and the engines alking about is e.day, united technologies, responsible for a fifth in the drop in the dow today so what the issue is here is government auditors and inspectors to review and take a look at the machinery and military hardware and product gets sold. that is key here. we have seven million people across the country who are full time equivalent contractors. cheryl: the point is the whether defense contractors are, quote, essential,...
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Oct 7, 2013
10/13
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WMAR
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this is days after united technologies, the makers of the blackhawk announced furloughs for 2,000 employees. it is not known how many employees will be furloughed in middle river. reporting live, abc 2 news. >>> a maryland state trooper is in critical condition. 24-year-old jacqueline kline was hit by a car after helping an offer at a traffic state on 1:00 on sunday. trooper kline was providing backup, helping another officer who pulled over a suspected drunk driver. those who know her best, call her hardworking and an all- around great friend. >> i had to be here for her, by her side. that's what i have been doing. >> the driver who struck kline stayed that scene on sunday morning. police found no evidence that the driver was under influence. >>> two men are hospitalized after a stabbing downtown. the victims are expected to survive. anyone with information as a result of this attack call police. >>> baltimore county police are investigating shooting that happened in parkville, a man was shot on saturday night. at the 7100 block. he is expected to survive. >>> the u.s. government is the te
this is days after united technologies, the makers of the blackhawk announced furloughs for 2,000 employees. it is not known how many employees will be furloughed in middle river. reporting live, abc 2 news. >>> a maryland state trooper is in critical condition. 24-year-old jacqueline kline was hit by a car after helping an offer at a traffic state on 1:00 on sunday. trooper kline was providing backup, helping another officer who pulled over a suspected drunk driver. those who know her...
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Oct 8, 2013
10/13
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ALJAZAM
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this poll was taken by united technologies and the national journal, by moore than half they are saying it should not be tied to the political care act or negotiations over the budget. that they should be done separately. and if it doesn't happen, it will be very serious consequences. democratic leaders held their news conference to respond. >> we have now experienced in the last week of this republican government shutdown the largest drop in american's confidence in their economy. and if our republican colleagues don't think this is serious, shutting down the government intentionally so they can get their way on items that have nothing to do with budget policy, then they should take a look at what the american people are saying. they are telling us that they have very little confidence that this republican congress will allow the economy to continue to improve. >> we have nine days until the nation hits the debt ceiling, and hopefully between now and there will be progress. so far, however, not so much. >> what about public perception right now, any idea how the american public feels a
this poll was taken by united technologies and the national journal, by moore than half they are saying it should not be tied to the political care act or negotiations over the budget. that they should be done separately. and if it doesn't happen, it will be very serious consequences. democratic leaders held their news conference to respond. >> we have now experienced in the last week of this republican government shutdown the largest drop in american's confidence in their economy. and if...
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stratford, connecticut, where basically, you know, united technologies has a plant there.n to west palm beach, all the way west heading into hawaii. we're talking about makers of the black hawk helicopter. also boeing has been talking about delays in the delivering the 787 dreamliner into the market. here's the problem. it is the auditors and government inspectors who have to certify this equipment as ready for sale and those people are being furloughed. if you can't get inspected, you can't sell the goods, right? that means that translates into job losses. >> it is amazing when you think about how it spreads. there is also the little businesses around plants and facilities that get hit. people with catering trucks or restaurants providing lunch to different people. is anybody measuring that kind of impact? >> there is one thing really striking that jumps out. it is also not the local downturn and ramifications to other businesses and small businesses, it is also about hiring too and there was a survey done of the national association of government contractors. 925 members
stratford, connecticut, where basically, you know, united technologies has a plant there.n to west palm beach, all the way west heading into hawaii. we're talking about makers of the black hawk helicopter. also boeing has been talking about delays in the delivering the 787 dreamliner into the market. here's the problem. it is the auditors and government inspectors who have to certify this equipment as ready for sale and those people are being furloughed. if you can't get inspected, you can't...
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Oct 18, 2013
10/13
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FBC
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united technologies might have a little bit of noise in its earnings.gh some workers, but you also like nike and starbucks. these are some of the consumer names that have done very nicely. up 45% year-to-date. starbucks even better. >> absolutely correct. to say we are nervous is a bit of an understatement. excellence should be rewarded, but maybe not as much. we saw what nike just reported. that brand recognition has mattered. starbucks being a leader and still being the third place. it still has been very reasonable, but my goodness, at these levels it does seem like they are of little bit more popular than we would like. we have some cash in our client portfolio. may be taking some profits. that seems like the right thing to do. looking at excellent companies, not infallible once. liz: thank you for asked to answer my next question which is how you add a little security. use to put some money in cash. great to see you. thank you for joining us. >> thank you for letting me be your. liz: any time. unified trust company chief investment officer, 3 billi
united technologies might have a little bit of noise in its earnings.gh some workers, but you also like nike and starbucks. these are some of the consumer names that have done very nicely. up 45% year-to-date. starbucks even better. >> absolutely correct. to say we are nervous is a bit of an understatement. excellence should be rewarded, but maybe not as much. we saw what nike just reported. that brand recognition has mattered. starbucks being a leader and still being the third place. it...
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Oct 3, 2013
10/13
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WBAL
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. >>> united technologies says it may have to furlough more than 5 5,000 employees if the government shutdown continues into next month. >>> the cost for a gallon of regular gas has dropped six cents in a week. aaa says the nationwide average is $3.39. >>> the companyt that owns rental car companies says it plans to hire 11,000 new workers next year. enterprise holdings adds the most will be in management training positions. >>> later today the national retail federation is expected to forecast a rise of almost 4% for november and december sales. >>> coming up sports with betty nguyen is next after the break. first, did you know the government shutdown is impacting people trying to enjoy autumn's beautiful fall foliage. sites like virginia's skyline drive are closed until congress gets its act together. >>> a long government shutdown can cost all of us as proven by the '95-'96 shutdown which lasted three weeks. >>> switching gears now to the latest in sports from my friend betty nguyen. >> not shutdown here. it is game on for the u.s. military academy as the government shutdown will
. >>> united technologies says it may have to furlough more than 5 5,000 employees if the government shutdown continues into next month. >>> the cost for a gallon of regular gas has dropped six cents in a week. aaa says the nationwide average is $3.39. >>> the companyt that owns rental car companies says it plans to hire 11,000 new workers next year. enterprise holdings adds the most will be in management training positions. >>> later today the national...
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even you machinetion united technology -- you mentioned united technology they are not going to stoper building is sikorsky helicopter just del. neil: not the business that gets stymied just pushed back. >> you have 2.8 million of people that work for the government. 800,000 of those people are still working they work for post office, it is 1.4% of our workforce, by the way, i hate to talk about people like statistics, they are out of jobs right now it does hurt. but talking about how it affects corporations, no, unless it drags on for months and months, as being a real impactor to major businesses. neil: there is uncertainty aspect, that is something you can never get your hands on, gary b, i can see a little bit about, that i don't know if will make a military contractor say, no, i want only you know, you know four hornet jets, will it have an effect on the economy just from this? >> well, i think you will see a dip. like let's say, a translate into the gdp . it is dragged on like last one for 3 weeks, you might see a little dip in this quarter's gdp . but you know as you and jared
even you machinetion united technology -- you mentioned united technology they are not going to stoper building is sikorsky helicopter just del. neil: not the business that gets stymied just pushed back. >> you have 2.8 million of people that work for the government. 800,000 of those people are still working they work for post office, it is 1.4% of our workforce, by the way, i hate to talk about people like statistics, they are out of jobs right now it does hurt. but talking about how it...
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Oct 7, 2013
10/13
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WMAR
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this is a few days after united technologys who make the blackhawk helicopter decided to furlough 2,000 of their employees. gep, it is not known how many of the employees in the middle river area will be affected by this. >>> 6:47. the u.s. is government is interrogated an early operative on the mediterranean sea. this is after a weekend raid in libya and somalia. al-libi is believed to have ties to the 1998 bombs of two u.s. embassies in kenya and tans kneesa -- tanzania. it is believed that he holds key information to al-qaeda dating back 20 years. the libyan strike coincided with a raid in somalia. al-shabaab claimed the responsibility for the last month segovia shopping mall. it is not sure whether or not their target was dead or alive. >>> the death toll in italy will go up. 500 african migraines were onboard when the boat capsized last week. right now, the number of the dead is 200. 150 people are still missing. many of them are likely trapped in the wreckage. again, they will continue to look today. >>> despite the government shutdown, the supreme court begins a new term today. o
this is a few days after united technologys who make the blackhawk helicopter decided to furlough 2,000 of their employees. gep, it is not known how many of the employees in the middle river area will be affected by this. >>> 6:47. the u.s. is government is interrogated an early operative on the mediterranean sea. this is after a weekend raid in libya and somalia. al-libi is believed to have ties to the 1998 bombs of two u.s. embassies in kenya and tans kneesa -- tanzania. it is...
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Oct 4, 2013
10/13
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FOXNEWSW
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united technologies won't be doing as much production because they don't have the people from the government to inspect those materials, and items that united -- i don't know if i boy that. people who -- are still eating and they're spending money on food. i don't know how much of this is really material and trickles down. >> neil: just delay what you're plan to spend, once you're back at work. >> you don't know, and you ask about handicapping what is going to happen. morgan stanley saying they thought the chance of default is zero. so there's one bet. >> that's positive. >> thank you very-very much. in the meantime, to the healthcare fight, and this from texas republican senator ted cruz. >> i guess now the democratic part has become the party of obamacare, by obamacare, and for obamacare, all of the time. and every other priority recedes. >> neil: follow as series of amendments rejected by senate democrats including one that would have declared a medical device tax for a year, something senator harry reid natalie rejected. >> the proposal is a act of desperation on their standpoint. it inv
united technologies won't be doing as much production because they don't have the people from the government to inspect those materials, and items that united -- i don't know if i boy that. people who -- are still eating and they're spending money on food. i don't know how much of this is really material and trickles down. >> neil: just delay what you're plan to spend, once you're back at work. >> you don't know, and you ask about handicapping what is going to happen. morgan stanley...
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Oct 19, 2013
10/13
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CNBC
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we hear from united technologies, too i believe this will tell a fabulous aerospace story. here's my worry. could u-techs be like cramer fave honeywell, which disappointed today. [ crying ] because it has too much defense exposure, because expectations were too high. you know what, if that's the case, if united technologies really is kind of like what happened with honeywell, i prefer to wait for boeing. maybe get that on a selloff wednesday. because ceo jim mcnative americany will tell us about his 20-year plan. i've been telling you this stock is a buy on any week since it traded in the 60s. it had it closed over $122. now let's talk about controversy. besides boeing, we get results from caterpillar wednesday. this might be worth some out of the money call options. i say that because there are many people shorting caterpillar. some deservedly, i might add, given the misses it's had the last few quarters. last night we had a confident united rentals on the show, a huge caterpillar customer and all i heard was how demand is spiking for construction equipment. when i meld th
we hear from united technologies, too i believe this will tell a fabulous aerospace story. here's my worry. could u-techs be like cramer fave honeywell, which disappointed today. [ crying ] because it has too much defense exposure, because expectations were too high. you know what, if that's the case, if united technologies really is kind of like what happened with honeywell, i prefer to wait for boeing. maybe get that on a selloff wednesday. because ceo jim mcnative americany will tell us...
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Oct 3, 2013
10/13
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KNTV
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united technologies may have to furlough up to 5,000 workers if the government shutdown extends into next week. the company says employees at itsy corps ski unit which makes black hawk helicopters would be the first to sent home. >>> holiday sales are expected to rise 4%. economic concerns including the government shutdown could impact shoppers' spending plans. >>> and target is launching its own prepaid wireless service this weekend for $35 a month customers can get unlimited talk and text and forevery six months of service they'll get a $25 gift card. betty, back to you. >> all right. thank you, kayla. >>> the cost for a gallon of gas has dropped six cents in a week and a chlaaa says the average i 3.36. >>> people trying to enjoy fall foliage like virginia's skyline drive are closed until kong gets its packet together. they say no good deed goes unpunished. and some days it seems true. but we keep on doing the things that matter& like buying new raspberry 5 hour energy. from now to the end of the year, a portion of each sale... benefits living beyond breast cancer, to empower women
united technologies may have to furlough up to 5,000 workers if the government shutdown extends into next week. the company says employees at itsy corps ski unit which makes black hawk helicopters would be the first to sent home. >>> holiday sales are expected to rise 4%. economic concerns including the government shutdown could impact shoppers' spending plans. >>> and target is launching its own prepaid wireless service this weekend for $35 a month customers can get unlimited...
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Oct 22, 2013
10/13
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CNBC
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united technology $1.55 a share.a penny better than the street expected but the revenue came in short. the company says the revenue coming in short because of ongoing weakness in military aerospace markets and the slow pace of recovery in europe. united technologies did raise the lower end of the full-year earnings forecast by 10 cents now looking for $6.10 to about $6.15 a share. and in the last hour, we heard from dow component dupont came out with third quarter profit of 45 cents a share, 4 cents better than the street had been expecting. dupont sees modest earnings growth for a few year despite a significant decline in the results for chemicals unit. >> joe, couldn't you play your global warm skepticism by going long the insurers and the reinsurers which are maybe trading -- >> i wasn't going to bring it up. >> storms anticipated. >> it's been the lowest year in decades. >> so that's -- you could make money. >> and someone did this already. >> did they? >> it was our friend warren buffett after the katrina year.
united technology $1.55 a share.a penny better than the street expected but the revenue came in short. the company says the revenue coming in short because of ongoing weakness in military aerospace markets and the slow pace of recovery in europe. united technologies did raise the lower end of the full-year earnings forecast by 10 cents now looking for $6.10 to about $6.15 a share. and in the last hour, we heard from dow component dupont came out with third quarter profit of 45 cents a share, 4...
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Oct 19, 2013
10/13
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CNBC
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we hear from united technologies, too i believe this will tell a fabulous aerospace story. here's my worry. could u-techs be like cramer fave honeywell, which disappointed today. [ crying ] because it has too much defense exposure, because expectations were too high. you know what, if that's the case, if united technologies really is kind of like what happened with honeywell, i prefer to wait for boeing. maybe get that on a selloff wednesday. because ceo jim mcnative americany will tell us about his 20-year plan. i've been telling you this stock is a buy on any week since it traded in the 60s. it had it closed over $122. now let's talk about controversy. besides boeing, we get results from caterpillar wednesday. this might be worth some out of the money call options. i say that because there are many people shorting caterpillar. some deservedly, i might add, given the misses it's had the last few quarters. last night we had a confident united rentals on the show, a huge caterpillar customer and all i heard was how demand is spiking for construction equipment. when i meld th
we hear from united technologies, too i believe this will tell a fabulous aerospace story. here's my worry. could u-techs be like cramer fave honeywell, which disappointed today. [ crying ] because it has too much defense exposure, because expectations were too high. you know what, if that's the case, if united technologies really is kind of like what happened with honeywell, i prefer to wait for boeing. maybe get that on a selloff wednesday. because ceo jim mcnative americany will tell us...
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Oct 7, 2013
10/13
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WMAR
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this is days after united technologies, the maker of the blackhawk helicopter furloughed their employeesporting live, abc 2 news. >>> they knock over the barriers to get into the memorial in their honor. more world war ii veterans are not letting the government shutdown slow down their trips to the nation's capital. this trip was from new york. they filted the water filled barricades and then moved past them so, their buses could get to the memorial. >>> the u.s. government is interrogating a suspected al- qaeda often rutival. this is after a raid on libya and somalia. al-libi is beginning to have ties to two bombs at embassies. his wife, is saying that he left al-qaeda in 1996, and has no question to the 1998 bombs. she is saying a group ambushed al-libi on saturday. >> they are saying there were ten people.
this is days after united technologies, the maker of the blackhawk helicopter furloughed their employeesporting live, abc 2 news. >>> they knock over the barriers to get into the memorial in their honor. more world war ii veterans are not letting the government shutdown slow down their trips to the nation's capital. this trip was from new york. they filted the water filled barricades and then moved past them so, their buses could get to the memorial. >>> the u.s. government is...
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Oct 3, 2013
10/13
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WMPT
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they are deemed non-essential federal employees but without them, united technologies can't manufacture aircraft. and they aren't the only company affected by or voicing concerns over the government shutdown. earlier today the president said the shutdown is leading to further uncertainty with business leaders tied to d.c. >> companies worry businesses will be disrupted because in an area like maryland, virginia where there are a lot of federal workers, you don't know how that will impact the economy. >> reporter: boeing said a lack of u.s. aviation officials could delay jetliner deliveries. british based bae systems says pay and benefits for u.s. employees won't change for at least this week, but they continue to monitor the possible need for furloughs going forward. one thing seems certain, though, the longer the shutdown lasts, the more furloughs we could see. dominic chew, "nightly business report" in new york. >>> and joining us now to talk more about what is happening in washington and what the implications mean for debt ceiling talks is andrew freedman. welcome, pleasure to have y
they are deemed non-essential federal employees but without them, united technologies can't manufacture aircraft. and they aren't the only company affected by or voicing concerns over the government shutdown. earlier today the president said the shutdown is leading to further uncertainty with business leaders tied to d.c. >> companies worry businesses will be disrupted because in an area like maryland, virginia where there are a lot of federal workers, you don't know how that will impact...
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united technologies corporation says it may have to furlough more than 5,000 people if the government is still shutdown by november. some of those employees may not have the that long. more than 2,000 could be furloughed as early as monday in a division that makes black hawk helicopters. wall street starting to feel the effects of the shutdown, but the worst could be yet to come. the shutdown is one thing, but if lawmakers here in washington can't agree about what to do about the debt ceiling, it could miss out. it it could be a replay of the 2008 financial crisis, not quite as severe. sblmplts a group of seniors will protest potential fallout from the government shutdown. demonstrators plan to form a human chain outside the capital. organizers say president obama and some lawmakers could see this time as an opportunity to cut social security benefits. today's rally begins at 10:00 this morning at the house triangle. >>> 13 before the hour. the world war ii memorial becoming a hot bed for debate about the shutdown. for the second day yesterday a group of veterans on an honor flight to
united technologies corporation says it may have to furlough more than 5,000 people if the government is still shutdown by november. some of those employees may not have the that long. more than 2,000 could be furloughed as early as monday in a division that makes black hawk helicopters. wall street starting to feel the effects of the shutdown, but the worst could be yet to come. the shutdown is one thing, but if lawmakers here in washington can't agree about what to do about the debt ceiling,...
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Oct 3, 2013
10/13
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ALJAZAM
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united technologies warns 5,000 of its workers could be let go if no agreement is reached by november. the company makes helicopters and engines for the military. >>> tpesla's stock has been downgraded. tea car caught on fire when it s hit. tesla said that the driver got out okay. >>> massive amounts of water has been used to cool reactors in fukushima since the 2011 tsunami damaged the cooling system. >>> charges from a protest staged last month in the arctic ocean, crew members of the greenpeace ship targeted a russian own energy company. it has yet to begin operation. the 30-member crew including activists from 17 countries are being held in custody in the northern russia city. >>> a tropical storm is heading towards the u.s. nicole will give us the details. that's coming up next. that's all i have an real money. victoria azarenko >> welcome back to al jazeera. i'm stephanie sy. a search for survivors is underway an ever a boat off the coast of italy went down. >>> the head of the international monetary fund is calling on the u.s. to break its stalemate. the shutdown is bad enough
united technologies warns 5,000 of its workers could be let go if no agreement is reached by november. the company makes helicopters and engines for the military. >>> tpesla's stock has been downgraded. tea car caught on fire when it s hit. tesla said that the driver got out okay. >>> massive amounts of water has been used to cool reactors in fukushima since the 2011 tsunami damaged the cooling system. >>> charges from a protest staged last month in the arctic ocean,...
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Oct 3, 2013
10/13
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WMPT
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aerospace and defense contract tomorrow united technologies released a statement that says it expectsto furlough around 2,000 workers on monday, october 7th.
aerospace and defense contract tomorrow united technologies released a statement that says it expectsto furlough around 2,000 workers on monday, october 7th.
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it's led to united technology to bring back workers. it's in a division which builds black hawk helicopters. lockheed martin, however, is continuing with today's layoff of 3,000 employees until it can confirm hagel's announcement with the pentagon. >>> asian markets were lower amid rising concerns about the u.s. debt ceiling. tokyo's nikkei fell more than 1%. hong kong's hang seng lost half a percent. a strong ending to the week on wall street wasn't enough to undo the damage to the dow as investors worry about the ongoing government shutdown. the dow shed 259 points last week while the nasdaq finished the week up 20. >>> japan airlines announced this morning it's ordering a dozens of new jets from airbus. they're ordering a-350 jets worth $9.5 billion with an option to buy another 25 of the planes. it's to defeat boeing which has long dominated the japanese market. >>> good news for commuters this morning if you're stopping by the gas station on your way to work to fill up. the latest lundberg found the price plunged 14 cents. the aver
it's led to united technology to bring back workers. it's in a division which builds black hawk helicopters. lockheed martin, however, is continuing with today's layoff of 3,000 employees until it can confirm hagel's announcement with the pentagon. >>> asian markets were lower amid rising concerns about the u.s. debt ceiling. tokyo's nikkei fell more than 1%. hong kong's hang seng lost half a percent. a strong ending to the week on wall street wasn't enough to undo the damage to the...
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Oct 3, 2013
10/13
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MSNBCW
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united technologies may have to furlough up to 5,000 workers if the government shutdown extends into next week. employees at the unit which makes blackhawk helicopters would be the first to be sent home. holiday sales will rise about 4% this year, but the group says economic concerns, including the shutdown could impact shoppers' spending plans. target is launching a pre-paid wireless service this weekend. for $35 a month, customers can get unlimited talk and text. for every six months of service, they get a $25 gift card. an enticing word but no word about data. >>> thanks, kayla. the cost for a gallon of regular price dropped six cents in a week. the nationwide average is $3.39. >>> it's time for sports and betty is here with more. >> good morning friend. it's game on for the ugs military academies. the government shutdown will not affect the saturday's games. army will play at boston college and april senior defense officer confirmed saturday's matchup between air force at navy will go on as scheduled. no shutdown there. before the game was confirmed, though, united airlines was ac
united technologies may have to furlough up to 5,000 workers if the government shutdown extends into next week. employees at the unit which makes blackhawk helicopters would be the first to be sent home. holiday sales will rise about 4% this year, but the group says economic concerns, including the shutdown could impact shoppers' spending plans. target is launching a pre-paid wireless service this weekend. for $35 a month, customers can get unlimited talk and text. for every six months of...
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Oct 23, 2013
10/13
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KQED
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in the meantime the united technologi technologies, the third blue chipper to report earnings cut the revenue outlook as third quarter sales missed estimates, the world's largest maker of elevators and hair makers, the sequestration program that involves spending cuts is weighing on its defense business. shares fell more than 1% to $106.13. >>> the bottom line being helped by the u.s. housing recovery and improved consumer sentiment in europe. the top home appliance maker reported profits that more than doubled and have raised the full-year earnings forecast. it was higher by 11.5% to $146 and check. >>> delta shares took off, fair hikes pushed earnings past estimates and called the revenue outlook quote solid through the end of the year. the stock gained more than 3% to $25.49. >>> coach is warning of continued weak sales in north america, that's its largest market. the luxury handbag maker posting a drop in third-quarter revenue as it faces increased competition from rivals like michael kors and kate spade, something the ceo is fully aware of. >> we're late to respond to competition
in the meantime the united technologi technologies, the third blue chipper to report earnings cut the revenue outlook as third quarter sales missed estimates, the world's largest maker of elevators and hair makers, the sequestration program that involves spending cuts is weighing on its defense business. shares fell more than 1% to $106.13. >>> the bottom line being helped by the u.s. housing recovery and improved consumer sentiment in europe. the top home appliance maker reported...
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Oct 23, 2013
10/13
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KICU
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the stock dropped 4% defense contractor lockheed martin beat estimates-- united technologies also reported in solid results. delta airlines came in on a high note. earnings topped expectations across the board. the stock soared 4% harley davidson and coach were in line with wall street's expectations. coffee drinkers have a wonderful reason to get up in the morning...the price of coffee beans hit a four year low. great growing weather, especially in brazil, which produces more coffee than any country coupled with coffee inventories at a five-year high means consumers will be paying less for their morning cup of joe. coffee futures are down 22% in 2013. mcdonald's is gearing up to add pricier items to its dollar menu in a bid to spur sales. 2 and 5 dollar items will reportedly be added to the "dollar menu". such as--- 20- piece chicken mcnuggets for $5 and new burgers for $2. don't turn away -- there's plenty more ahead... a trader play on a stock that is sitting on the sidelines... plus... a stunning economic transformation. a new documentary takes us to a town in the midst of an oil boom.
the stock dropped 4% defense contractor lockheed martin beat estimates-- united technologies also reported in solid results. delta airlines came in on a high note. earnings topped expectations across the board. the stock soared 4% harley davidson and coach were in line with wall street's expectations. coffee drinkers have a wonderful reason to get up in the morning...the price of coffee beans hit a four year low. great growing weather, especially in brazil, which produces more coffee than any...
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you are telling me it is not quite settled yet. >> united technologies were first out of the box.ing. they have reduced the number of furloughs. so is boeing. they have given us a statement because they have not received specific detailed information on who exactly is being and stated. what it may mean, again, they are still not commenting. what we are seeing is a wait and see approach. what they need is the guys to be there in their seats to sign off on military hardware and things like helicopters. cheryl: we are still reeling with threats overseas this is part of defending our country. >> we are seeing mixed trading. they are now coming back but what this means, you know, the states across the country -- dennis: this thing that you talk about last week was the affect on global economies. i think that is the bigger concern here. this shut down, especially when you have such tepid economic data, it is the local economy that will actually suffer. >> you are exactly right. certainly with these megacompanies, you know, getting furloughs, it does put pressure on the local economies.
you are telling me it is not quite settled yet. >> united technologies were first out of the box.ing. they have reduced the number of furloughs. so is boeing. they have given us a statement because they have not received specific detailed information on who exactly is being and stated. what it may mean, again, they are still not commenting. what we are seeing is a wait and see approach. what they need is the guys to be there in their seats to sign off on military hardware and things like...
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Oct 4, 2013
10/13
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united technologies warns it could 75,000 workers home if no agreement is reached by november. company makes helicopters and engines for the military. the shutdown is also drying up many for pa millions of low income single month nevers trying to buy food for their kids, in the health department in newark, new jersey people are already being turned away. >> reporter: she is a single working mother with two children, she counts on food vouchers for wic the federal women infants and children program. >> i rely on the milk a lot just because it's really expensive. >> reporter: when she walked in to the wic sent never newark, new jersey, they couldn't give her any vouchers. >> it's hard being a single parent and working a job and not having enough just to get by. so you kind of depend on those just to, you know, feed them and stuff that way. but it's a shame that i can't even do anything until all of this is resolved. >> reporter: with two children to feed, perez hopes that's soon. here in new jersey, 172,000 moms and children rely on wic. nationwide, that number is nearly 9 millio
united technologies warns it could 75,000 workers home if no agreement is reached by november. company makes helicopters and engines for the military. the shutdown is also drying up many for pa millions of low income single month nevers trying to buy food for their kids, in the health department in newark, new jersey people are already being turned away. >> reporter: she is a single working mother with two children, she counts on food vouchers for wic the federal women infants and...
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Oct 7, 2013
10/13
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united technologies is canceling plans to furlough employees. most employees will be put back to work. they had planned to put workers on leave beginning today. the average for a gallon of regular gasoline is now about $3.25 a gallon. that is down from $3.41 a week ago. i and lack ofy progress. we did have a higher close on friday. at the new york stock exchange i am jane clean with the bloomberg business report. >> would you pay to design your unborn baby? parents could determine which traits their children could inherit. things like the babies i color and taste perceptions. the company said it is all in good fun. >> when they say we should be seeking to predetermined the traits of our children, that starts to go into scary territory. >> it could create a world of genetic haves and have-nots. >> now weather and traffic on the 1's. good morning. repeat thempac impacts. most of the heavy rain begins after 10:00 a.m. we could see from one to three inches of rain. this could lead to some localized flooding. most areas have been so dry. some of the
united technologies is canceling plans to furlough employees. most employees will be put back to work. they had planned to put workers on leave beginning today. the average for a gallon of regular gasoline is now about $3.25 a gallon. that is down from $3.41 a week ago. i and lack ofy progress. we did have a higher close on friday. at the new york stock exchange i am jane clean with the bloomberg business report. >> would you pay to design your unborn baby? parents could determine which...
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Oct 22, 2013
10/13
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take a look at united technologies.as a penny, top line was light, they raised the low end of their earnings per share but lowered their revenue guidance. they talked about weakness in the military, aerospace market here. but there's a lot of strength in commercial aerospace, lockheed martin had great numbers. they did narrow their revenue guidance. raising or affirming that 2013 eps guidance and doing nothing on revenue is the big trend right now. they didn't change their revenue guidance at all. still the stock is up. there's a couple of exception out there to this trend but not many of them. tjx, retailers are struggling to meet their numbers. not tjx. they raised their outlook, boosted their comparable sales. they're just firing on all cylinders right now. and they said they'd achieved 10% to 13% earnings growth in the next several years. it just doesn't get any better than that across many different reasons. travelers, their numbers were tremendous this they beat on earnings by almost 10%. that is very hard for an
take a look at united technologies.as a penny, top line was light, they raised the low end of their earnings per share but lowered their revenue guidance. they talked about weakness in the military, aerospace market here. but there's a lot of strength in commercial aerospace, lockheed martin had great numbers. they did narrow their revenue guidance. raising or affirming that 2013 eps guidance and doing nothing on revenue is the big trend right now. they didn't change their revenue guidance at...
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Oct 7, 2013
10/13
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. >>> and united technologies is canceling a planned furlough for workers set for begin today. this comes after the department of defense furloughed most of its employees. very high stakes kind of consequences here because of the shutdown. not just for government employees but of course all the contractors in the washington area. >>> it is interesting the defense department is recalling as many as they are. >>> we are going to be taking a look at the new obamacare marketplaces and how this opened up a new opportunity for scam artists. >> this morning libyan officials are asking questions after a u.s. raid on their soil. >> this is one of two raids conducted in a search for suspects. >>> the ravens get back on track with a close win, but still a when our little girl was born, we got a subaru. it's where she said her first word. (little girl) no! saw her first day of school. (little girl) bye bye! made a best friend forever. the back seat of my subaru is where she grew up. what? (announcer) the two-thousand-fourteen subaru forester. (girl) what? (announcer) built to be there for
. >>> and united technologies is canceling a planned furlough for workers set for begin today. this comes after the department of defense furloughed most of its employees. very high stakes kind of consequences here because of the shutdown. not just for government employees but of course all the contractors in the washington area. >>> it is interesting the defense department is recalling as many as they are. >>> we are going to be taking a look at the new obamacare...
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Oct 4, 2013
10/13
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and the united technology warns that as many as 5 thoeurbg 5,00s will stay home if no agreement is reached by november. that company makes helicopters and engines for the military. >>> the shut down the shutting down for many woman trying to buy food for their kids. >> people are already.ing turned way. >> julissa perez is a single work mother with two children. she count on food vouchers from wic. >>> i rely on milk a lot because it's very expensive. when she walked in to the wic center they couldn't give her any vouchers. >> it's hard being a single parent and not having enough to get by so you depend on those. it's a shame that i can't do anything and until all this is resolved. >> with two children to feed perez hopes that's soon. >> reporter: here in new jersey 172,000 moms an children rely on w kr*eu. wic. >> . the coordinator michael welsh says single moms shouldn't have to worry. >> were monitoring every day. -- we are hon torging ever are. >>> that's good news for soon to be mom who gets $80 a month for groceries. >> that will leave somebody in the government somewhere is taken to
and the united technology warns that as many as 5 thoeurbg 5,00s will stay home if no agreement is reached by november. that company makes helicopters and engines for the military. >>> the shut down the shutting down for many woman trying to buy food for their kids. >> people are already.ing turned way. >> julissa perez is a single work mother with two children. she count on food vouchers from wic. >>> i rely on milk a lot because it's very expensive. when she...
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Oct 7, 2013
10/13
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CNNW
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unit technologies won't furlough as many as 4,000 workers.er of blackhawk helicopters will keep them on the job after the pentagon said it would bring back 90% of the defense workers who had been furloughed when the shutdown began and they included military inspectors who will now be back at work in united technology factories but other are sitting around today not working because washington can't get its act together. >> and apparently not ready to talk at all. alison, appreciate it. >>> u.s. special forces pulling off two stunning raids over the weekend. a top al qaeda operative wanted by the fbi is now in u.s. custody. will that slow down the terror group or will it help step up their attacks? nic robertson joins us next to discuss this. >>> russian president vladimir putin light the olympic flame and then it went out. is that a bad omen for the olympic games? [ male announcer ] this store knows how to handle a saturday crowd. ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right t
unit technologies won't furlough as many as 4,000 workers.er of blackhawk helicopters will keep them on the job after the pentagon said it would bring back 90% of the defense workers who had been furloughed when the shutdown began and they included military inspectors who will now be back at work in united technology factories but other are sitting around today not working because washington can't get its act together. >> and apparently not ready to talk at all. alison, appreciate it....
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Oct 21, 2013
10/13
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you've got united technologies, lockheed martin, the biggest ones out there.they report before tomorrow's opening bell. and then you've got boeing, general dynamics, they report before wednesday's opening bell and ratheon before thursday's opening bell. analysts will look at how well each of these companies have managed around lingering spending cuts and the threat of more to come in the future. they will also be listening closely for how each chief executive officer forecasts results and how many times, if any, they mention the spending cuts or all of the dysfunction in washington. a special attention, tyler, will be paid to just how these companies plan on growing profits. will it be more selling to international clients? if you're a trader, these defense names could be named because of those earnings catalyst. but for the prevailing sense is at least these guys have been on a great run. maybe it can continue. it will all depend on how all of their outlooks pan out. >> and none of these surprises me more in a way than boeing, up 56% year to date. given all o
you've got united technologies, lockheed martin, the biggest ones out there.they report before tomorrow's opening bell. and then you've got boeing, general dynamics, they report before wednesday's opening bell and ratheon before thursday's opening bell. analysts will look at how well each of these companies have managed around lingering spending cuts and the threat of more to come in the future. they will also be listening closely for how each chief executive officer forecasts results and how...
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Oct 5, 2013
10/13
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united technology corporation plans to four lowe 2,000 employees by monday. more than 5,000 employees if shut down continues into norv. all right of four lowd workers aren't waist any time. unin d c. maryland and virginia, being flooded with on-line applications. tonight we looking at the process. >> it going significant financial hardship. understandable fear of the unknown. i want make sure my claim was in. in line and you know with this drags oust that there might be check coming i can pay my rent. as lawmakers debate that's just some of what we heard this week. the american people expect their leaders to sit down and try to resolve their differences. >> but until that happens, news sands of people like single mother furlough from department homeland security are looking forrages hem in. >> you know we just wake up in morning get news gore to web site hope to see update we are just pretty much you know, going day by day. d.c. departments employment services is processing claims. and in single mom decided fill out forms notice office so she could ask questi
united technology corporation plans to four lowe 2,000 employees by monday. more than 5,000 employees if shut down continues into norv. all right of four lowd workers aren't waist any time. unin d c. maryland and virginia, being flooded with on-line applications. tonight we looking at the process. >> it going significant financial hardship. understandable fear of the unknown. i want make sure my claim was in. in line and you know with this drags oust that there might be check coming i can...
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Oct 3, 2013
10/13
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united technologies core said its division would be hard hit. >> the division would see up to 2,000 employees furloughed as soon as monday. as soon as monday. alabama. >> this will accumulate over time. the damage will be insidious so each day that goes by, the jeopardy increases. this is a dreamland for foreign intelligence service ser to recruit. >> the director of national intelligence warning that the t shutdown is harming spy missions. he said 70% of the intelligence work force is furloughed. to a quick reminder for federal employees out there.ou i know you are frustrated right now and you are off the job. here is the thing.he a lot of local businesses are offering deals trying to give you deals. you can get free access to gyms or free food and drinks. we posted a list. some of the offers are for a a limited time only. ti there you go. take advantage of that. social media it's buzzing with hashtags and trending topics but we wanted candiddi reaction from people. >> fox 5 hit the streets with an ipad and showed a few people an image relating to the shutdown and asked for three words in ri
united technologies core said its division would be hard hit. >> the division would see up to 2,000 employees furloughed as soon as monday. as soon as monday. alabama. >> this will accumulate over time. the damage will be insidious so each day that goes by, the jeopardy increases. this is a dreamland for foreign intelligence service ser to recruit. >> the director of national intelligence warning that the t shutdown is harming spy missions. he said 70% of the intelligence work...
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united technologies says it is also canceling plans to furlough 2,000 workers after defense secretarysaid most of these workers are considered essential. another victim of the shutdown, farmers and livestock producers use these reports to price crops, track auctions, determine cellmates. all web sites with affirmation hacked have been taken down. and those of some of the hot stories right now on foxbusiness.com. and we come back, warning for parents whose kids play sports. next, six days after going live the glitches and problems with obamacare continued. we will have the latest on what you should expect if you sign up. stay with us. ♪ gerri: from the software glitches to federal and state governments being slow to release how many people are actually enrolling in the obamacare exchanges. even the federal government is doing the same thing. not much has changed except for more questions. with more on this, chris jacobs from the heritage foundation. almost a weekend. how is it going, do you think? >> not very well. the launch of the obamacare exchanges look alike the famous blooper ree
united technologies says it is also canceling plans to furlough 2,000 workers after defense secretarysaid most of these workers are considered essential. another victim of the shutdown, farmers and livestock producers use these reports to price crops, track auctions, determine cellmates. all web sites with affirmation hacked have been taken down. and those of some of the hot stories right now on foxbusiness.com. and we come back, warning for parents whose kids play sports. next, six days after...
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Oct 11, 2013
10/13
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FBC
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united technologies and nike looking at opportunities around the globe, consistently reinvesting to promotetunities and producing a ton of free cash flow that can be redeployed back into the business and toward other opportunities. those kinds of companies, we think,,are the kinds that people should be thinking about rather than necessarily taking profits of the table from the markets generally. redeploying into places where there are still very nice, long term prospects. cheryl: especially you mentioned that global "story. a lot of companies we could say have had that same story. on the other side of it, though, global economies. as we have seen committeepprson growth in the united states, just europe is growing faster than we are now. the you think the economic story is better, to eric's point up picking stocks that have exposure? >> it depends on what you mean by overseas. if you're talking abbut emerging markets growth expectations are better than places like the uk or the euro area or even japan. it really depends. now, the good news is that most of the globe is not z4, nine u.s., nine
united technologies and nike looking at opportunities around the globe, consistently reinvesting to promotetunities and producing a ton of free cash flow that can be redeployed back into the business and toward other opportunities. those kinds of companies, we think,,are the kinds that people should be thinking about rather than necessarily taking profits of the table from the markets generally. redeploying into places where there are still very nice, long term prospects. cheryl: especially you...
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Oct 3, 2013
10/13
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the government shutdown could result in furloughs as many as 5,000 workers at united technologies. rst 2,000 furloughs may come as soon as monday at the company's aircraft unit, which makes the blackhawk helicopter. the rest of the furloughs would come shortly after at other units with the defense department contracts. and the national retail federation is predicting a 3.9% increase in the holidays this year. but warning all bets are off if the government shutdown continues and consumers lose faith in the u.s. economy. >>> it is day three of the government shutdown with no end in sight. >> what we're debating right now is keeping the government open for two months. we would then be going through this exact same thing in the middle of christmas shopping season which i don't think many businesses would be interested in. we saw what happened in 2011. and then we'd have to go through it again six months from now and six months after that. and one thing i know the american people are tired of and i have to assume the vast majority of businesses are tired of is this constant governing fro
the government shutdown could result in furloughs as many as 5,000 workers at united technologies. rst 2,000 furloughs may come as soon as monday at the company's aircraft unit, which makes the blackhawk helicopter. the rest of the furloughs would come shortly after at other units with the defense department contracts. and the national retail federation is predicting a 3.9% increase in the holidays this year. but warning all bets are off if the government shutdown continues and consumers lose...
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connecticut-based united technology says they have to purr low more than 5,000 people if the government is still shut down. some may not have that long. more than 2,000 could be furloughed as early as monday in the division that makes black hawk helicopters. wall street is starting to feel the effects of the shutdown, but the worst could be yet to come. experts say the shutdown is one thing, but if lawmakers here in washington also can't agree on what to do about the debt limb the economy could suffer a huge setback opinion the last time two years ago they downgraded the u.s. rating for the first time in history. and the president isn't offering much encouragement to wall street. the president told cnbc that the country's economy is in trouble if the shutdown and debt ceiling debate don't come to an end. leaders at btig are warning clients that the fight over the debt limit is becoming more likely making things especially tense on wall street. >>> at the toch of the hour, "the today show" will continue our coverage of the shutdown. the president talks about the budget battle as well as
connecticut-based united technology says they have to purr low more than 5,000 people if the government is still shut down. some may not have that long. more than 2,000 could be furloughed as early as monday in the division that makes black hawk helicopters. wall street is starting to feel the effects of the shutdown, but the worst could be yet to come. experts say the shutdown is one thing, but if lawmakers here in washington also can't agree on what to do about the debt limb the economy could...
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united technologies says it is also canceling plans to furlough 2,000 workers after defense secretaryid most of these workers are considered essential. another victim of the shutdown, farmers and livestock producers use these reports to price crops, track auctions, determine cellmates. all web sites with affirmation hacked have been taken down. and those of some of the hot stories right now on foxbusiness.com. and we come back, warning for parents whose kids play sports. next, six days after going live the glitches and problems with obamacare continued. we will have the latest on what you should expect if you sign up. stay with us. ♪ my mantra? trust your instincts to make the call. to treat my low testosterone, my doctor and i went with axiron, axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than 18 or men with prostate or breast cancer. women, especially those who are or who may become pregnant and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changesn body hair
united technologies says it is also canceling plans to furlough 2,000 workers after defense secretaryid most of these workers are considered essential. another victim of the shutdown, farmers and livestock producers use these reports to price crops, track auctions, determine cellmates. all web sites with affirmation hacked have been taken down. and those of some of the hot stories right now on foxbusiness.com. and we come back, warning for parents whose kids play sports. next, six days after...