18 Burst results for "Hunter Harrison"

Diversity at the Oscars: The 2020 Race Isn’t Looking Any Better Than Last Time

1A

11:21 min | 1 year ago

Diversity at the Oscars: The 2020 Race Isn’t Looking Any Better Than Last Time

"I feel like hell for the law and Michael to Michael for lying and get contraction I saw this French film of course later on so I was very excellent and might just make it to be honest it would not Maxis the prices for me you know at the very beginning of awards season three kicks off with three phone fast fan is Toronto in telluride at the end of the summer the beginning the full and then bounced off you start hearing people's reaction and this is the red slacks a waiting van and you're looking at pictures saying well they're all satin and a prominent films with African Americans the soon so would directed by women I didn't know if they were going to cross over the queue for that group of voters in a few years ago actually when when a post all the adults because so white we could get at round tables with the active the directors the writers and when we were putting together the actress round table there were absolutely no women of color who seems like they would even like to to get nominated and I remember and and we got pretty massively criticized rightly I take the blame for this to have an all white women's round table and and we changed direction after that but it was evident that the industry walking creating those films and I think it's easy to say if the cat in the for XP industry see both you and you have to tackle things in multiple directions I think the academy's has done a great deal to do that what we have is talking about this the other things the academy dot for instance mentorship program financing for education there are multiple patrols here that lead to this problem and she also looking at the ferry downstream and the cat in the wrong but you call take in isolation April Stephen has a great point we tend to look at the academy not that the academy shouldn't be accountable they should they're sort of the tip of the iceberg in many many ways what's your view of the academy that you focus so much attention on verses the industry I absolutely agree with Steve and that it's not just the economy it's not just the golden globes is not just a Baptist we need to go all the way back to the very beginning to the screenwriter stage and figure out again whose stories are being told and who is telling those stories when someone is sitting down with a blank page and findings front of them hoping that they have written about to write the next best picture you know what is the protagonist look like is it a tall leggy blonde from the Midwest because if so by the time we get the casting months the maybe years later then the only person you're thinking about is Scarlett Johannson or Jennifer Lawrence but then one has to ask what is their hair color have to do with how well they perform in that film right because that means then then Daya and Gina Rodriguez and other people won't even get an opportunity to audition just because of what's that in the mind set I absolutely agree that the economy is the very end of the line so we really need to start back at the beginning and find out what opportunities are being given to traditionally under represented communities not just with respect to race but also sexual orientation gender identity disability to get those films made from the very beginning and at the same time April you have written about the types of roles that black actors and actresses do get nominated for once they are cast once they are in that pipeline you wrote a piece in variety you talk about how the only black woman to be nominated for Best Actress was Cynthia Revo who plays Harriet Tubman in the film Harriet similarly Lupita nyong'o won an Oscar for her role in twelve years a slave but this year she was overlooked for the to care after she played in Jordan peels hit movie us talk about what you see is the pattern for how black actors and actresses get promoted and celebrated when they are in films it's a real problem and I think that Stephen touched on this a bit you know that that in their minds that even when they were sending up those round tables they didn't think that those you know particular performances were even going to cross over for women of color and so they were included in the panel and one must ask what kind of troops palatable to the economy to voters to film critics because the vast majority of winners especially for women of color and black women in film have all come from a place where the characters are experiencing significant trauma so inflamed women women living in abject poverty even Whoopi Goldberg who played the cookie skit side kick in ghosts and when the best supporting actress you know they were there were questions about whether she had mental health issues right the only black woman who's ever won for Best Actress is Halle berry in monster's ball and clearly she with the troubled character and so one has to say well are there only thing is that the economy fees you know that only a slave narrative that is palatable to again a majority white male voter membership and that's the movies that we see time and time again you know why is it that my pain the pain of my ancestors is entertaining for you that that is what you will award but when someone like Peter in young girl has to fully fleshed out characters in us she is snubbed for that role because we actually the very first of may off to be on the actress roundtable if you will be pizza it was a wonderful performance so it isn't shown true of actresses of color you know for the rack access to the email you'll you'll you'll call the mansion on college and terrific performance by Adam Sandler but is deceived official in the movie Sean movies don't tend to do well they lost to until movie was was one of the very few exceptions and this applies just as much to active in that applies just as much the film that win the Oscar for Best Picture DOT flight in the whole history of the office you call he had any comment is that where you thought I called think of a single is shown a picture of that as well on the other hand Schindler's list winter so this isn't shocked a criterion for the place to women of color let's talk about some more films that could have been nominated that didn't get nominated we've already mentioned Stephen you mentioned hustlers one of many movies with a cast of mostly women directed by a woman they got zero nominations this year fair fail to to cross over is you say let's get people to hang on I want to I want to give people a little bit of a listen to hustlers here we go Wall Street guys it's in this country stole from everybody working people lost everything one of these things back to jail the game is rigged and it does not reward people who play by the rules like robbing a bank except get the keys hunter Harrison vulture some people have suggested that Jennifer Lopez campaigning for the nomination too much might have played into her not getting an Oscar nomination for her role in hustlers what what are your thoughts on this film and on the reason why J. lo was overlooked I mean how search has a very special place in my heart because it is based on and your magazine story but outside of that I just enjoyed it I think it has a lot of momentum it's a lot of fine and I mean my favorite teen hustlers as winter for Lawrence's teaching Constance Wu how to strip essentially and it's just such a loving scene between two women who were just you know being friends with one another but at the same time I think the thing with jail is that I think when you're voting for and someone when an Oscar part of the sort of metric is that you have to know that how much they wanted and away and that they need it and with Jello she's already like an icon she is such a form I mean we also heard the Superbowl last week and so I think it actually might have been the opposite that maybe she did and maybe that there's been that shouldn't wanted I'm not for need it to be to sort of solidify her status in Hollywood or or in the world really but it I was really surprised by Jill rocketing nomination because she had gotten a lot of the precursors and her biggest competition is obviously Laura Dern who is the favorite to win for playing a lawyer in marriage story but for a lot of the season especially after hosters career in Toronto they were pretty head like neck and neck but I think the jail thing is that did that character of like a mama bear stripper was not really you know super palatable to a lot of people she dealt drugs and you know sort of engaged or Shoup's worked as sort of a pen been engaged in sex work but at the same time like that's not really a role that we see women especially winning Oscars for I think I wanna push back in Stevens point earlier that that you know the problem about the roles women when the colors spit specifically play in movies is that extends to everyone I don't really think that's true anything Custer's is in some ways an example of that that this was sort of a prickly story about women who are doing bad things and getting caught doing them and that's just not a movie that people see as an Oscar movie I think that's everyone's detriment what we got this voice mail from a listener sharing his opinion about the role that race and gender should or shouldn't play when it comes to Oscar nominations we got several responses along this theme listen IBM injury Oscar is I don't mind or don't care who the with gender of the person is or what color the person is I care about quality in the movie that's being produced I don't care what color they are what gender they are I don't think it matters Linda tweeted this is it just possible that there were no good movies made by people of color or women this year when will the best just be the best without conditions attached Stephen you go first and then April what's your response okay I just briefly want to respond to sing about Jennifer Lopez I we saw she did get nominated the best supporting actress before it could be a thirty two fax one is that movie is very unsentimental about her role and it had a different ending in the retention people would have like that for the cliche narrative the very strength of the film is resistant to that meeting as you said less palatable the second thing is when conformist so let you see the acting when he seems so real that you think this is just what they like the performances of look she made it so real the people football if you'd just what she's like it's one of the reasons Tom Hanks has been so rarely nominate a you got nominated this year but not for many many years he makes it look so easy well certainly we're seeing the film let's let's put J.

Michael
"hunter harrison" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

08:40 min | 2 years ago

"hunter harrison" Discussed on Bloomberg Radio New York

"If you look at the actual tape it is priority sleepy were talking basically flat if not completely flat with pancake here when it comes to equities bonds getting a bid yields lower but I really do have to wonder what to read through is we get these earnings which we are getting starting to trickle out for the second quarter is there any theme that we can kind of hook into here so far I suppose if you want to point to a theme you would look at the banks and say you know the consumer business is doing just fine thank you and that's why America's up in early trading after having been down right after the results came out I mean it's all about you know the consumer business propping up bank of America and its peers at a time when the trading business isn't helping them out so much I mean let's face it that's why these banks still combine those sorts of businesses in the first place they're hoping that if one isn't doing while the other is and that is playing out in the second quarter results that we see and all I got left is Morgan Stanley which is more training focused and and money management focus anyway so you can say that that pattern hats as kind of been etched in the quarter's results from what we see you know I guess a bank of America following the lead of city and JP Morgan and to some extent Wells Fargo in in terms of how the results showed up well Dave only some not sure if you're aware but I started my career in research covering railroads and trucking company so guess what stock I'm looking at today see SNES sex stock stockholder sent railroad and trucking company you had whiplash whiplash the last two days because yesterday yeah I had the trucking stocks up after JB hunt's results were well received today you've got the railroad stocks down after CSX's results were not well received so you know what's happening in terms of transportation you could argue it's anyone's guess and you know the story here means second quarter didn't live up to what it was looking for more than that CSX is now expecting a drop in revenue this year not much of one maybe one percent maybe two percent but they had been expecting it increased and are talking about how the economy now in the US but also around the world is way on their business and just not shipping as much stuff so you put that all together and you know you kinda have to scratch your head you know because you've got a very different story from JB hunt whose whose numbers were out you know a couple days ago close but isn't JB hunt trucking and is that more domestic whereas CSX's more international in trade affected yeah but you know let's not forget I mean a lot of JB hunt's business half of it actually is what they call intermodal which means they go from the truck you know on the road to the container on the rail car and then back to the trucks so you know there is a relationship there and it's just interesting to see how you know one day you know one piece of transportation looks okay and the next day another piece of transportation doesn't look so great so but before we continue Paul I I need a little more information what else have you covered because you started with covering railroad has you go from that to media it's easy you know it's one that you find an industry that was fun and kind of smell right didn't didn't actually I love the rental business you'll still see me you know tracing route railroads in county Lars Isaac counting cars on the trains it's it's crazy no asking my kids when they're little what's the stock symbol this truck we just passed you know it didn't work I have a third out but the city we talk about the railroads you talk about big bulk items whether it's green or cars or you know chemicals and a lot of that's for the export market so first some like CSX to kind of warn about demand it's it's really interesting on a macro economic perspective yeah and just to kind of go through the numbers earnings coming up short for the first time in about two years were all set to analysts estimates and revenue lower than projections for the first time in six quarters so it's been awhile since we've seen CSX miss like this and let's face it the railroad industry has been through a whole change in the past few years to what's called precision schedule railroading this is all the late hunter Harrison who who ran CSX before he passed away a couple years ago so they have definitely been part of the shaft and you know it's the time honored sort of story for any industry purses schedule real railroading is all about cutting costs you can only do that for so long and then your business has to come through and what's happening Lisa CS sacks is the business didn't come through last quarter in the stocks taken it okay you can you give us a sense of how sleepy it is today I mean honestly before we go into eBay and and some of the other things that that are going on in the market I I really would love to get a reading of here we are July seventeenth it's five thousand degrees out outside in New York City and you know you're seeing it literally no action on the broad indices I'm just wondering if it's because nobody's there or is is because people are on both sides and not really sure of where this earnings season is going to take us well the need perhaps more the latter and let's changes again we are two weeks away from a decision on monetary policies ARE baked and we are you know they're gonna cut rates yeah but how much twenty five basis points if you read Jim bianco yesterday on Bloomberg opinion fifty basis points you think that that's baked and although they they've been indicated may be coming up but officials and things it's unclear that we need fifty basis points but it's clear that you know whatever the data shows were going to cut rates me basically that's what they're saying but to us speak to your issue of sleepiness I've got the numbers here for red Sox traded that are listed on either the New York Stock Exchange or nasdaq you're down a bit more than twenty percent from the same time last week of pleased to work through the first half hour of trading so actually bingo people are actually just asleep or on the beach or in a sub rific state because it's so hot or waiting for the numbers to come through whatever they're doing they're doing it or not I think it's all the fat I just think that everybody says kind of fixated on the fed is sensing we haven't seen much movement it's you look at the futures and look at the trading it's been very tight over last for five days not much movement one or the other and it seems like people are in fact waiting for some fed to cut rates twenty five basis points I don't know all say we needed to do that and so now we're gonna go back to be always a fat table simpler socks at her thank you so much for your insights and joining us here in our eleven three oh studios you know I think you're right Paul I think that people are waiting for the fed but I don't know what fed guidance is going to jail in terms of actually creating some volatility an incentive to trade exactly meanwhile maybe Washington DC will give people incentive to trade let's head over to our twin engine one studios there we have anything head or the world the national headlines state and we'll see if we can find incentive for us lawmakers to get along comity is in short supply after the house voted yesterday to condemn a president trump for racist comments about four liberal female lawmakers of color for Republicans and independents joined with all Democrats in passing that measure speaker Nancy Pelosi health hopefully has come together standing as one to denounce the white house's xenophobic attacks on our members not likely says Bloomberg Washington reporter can fine hunter both sides it really allows them to energize their base and I unify their basement for Democrats in some ways that's particularly important to the four women split with the rest of the Democrats on this month's emergency border funding bill new York's Alexander Castiel Cortez tell CBS she in the rest of the squad are happy to sit with pelo see and work out their differences Joaquin goos mine is not going quietly a sentencing hearing is under way in New York for the drug lord known as el Chapo he told the federal judge this case was stained by juror misconduct and he was denied a fair trial when the whole world was watching district judge Brian Cogan has denied it goes mines request for a new trial he faces a mandatory life sentence for murder conspiracy and drug charges retired Supreme Court justice John Paul Stevens has died appointed by Gerald Ford in nineteen seventy five he became an anchor of the high court's liberal weighing retiring in twenty ten is the second oldest justice in U. S. history John Paul Stevens was ninety nine years old global news twenty four.

five thousand degrees ninety nine years twenty percent six quarters one percent two percent five days two weeks two years two days one day
"hunter harrison" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:49 min | 2 years ago

"hunter harrison" Discussed on Bloomberg Radio New York

"Time now for the market driver's report with Dave Wilson, and Dave I've been confused today with the fluctuations. How's it breakout from from sector to sector? Well, greg. I mean, there's not really a whole lot of movement among the eleven made industry groups in the S and P five hundred you have five six down industrials leading the way a lot of that tied of the railroads, which will get to a moment. In terms of individuals, shares you have three up and the S and P five hundred for every two that are down so really very much a mixed bag here. Biggest gain the S and P five hundred belongs to Electronic Arts a five point six percent. The video game maker was raised by neutral Bank of America, Merrill, Lynch. The firm side of the. Potential for as new game apex legends to rival market leader fortnight Norfolk Southern talking about the railroads that stock up four point one percent. They plan to reduce operating costs to sixty percent of revenue by twenty twenty one and to increase revenue at an annual rate of five percent of the next three years Norfolk Southern is using a scheduling system developed by the late industry executive hunter Harrison now the s&p five hundred steepest drop was the only company in the index to report Arnie's before the opening bell. That's the family's holding company. Loews it's down six point seven percent air to post the unexpected fourth quarter loss. Lows was hurt by catastrophe cost and ensure CNA financial investment result at CNA and at Lowe's itself and a loss of diamond offshore drilling CNN diamond offshore, by the way, also lower those shares trade publicly and Goodyear Tire and rubber that stock down two and half percent. Goldman Sachs had tiremaker faces a multitude of headwinds among the decline in auto production Goldman recommend selling Goodyear, an Argus Research and Longbow research cut ratings on the stock. Greg. Thank you. Dave. That's Bloomberg's Dave Wilson. With this hour's market drivers report now, politics policy, power and law. Thank you. Greg time is running out to avoid a second partial government shutdown as congressional talks about border security funding broke down during the weekend. The latest dispute over detention beds for immigrants joining us. This Edgerton Bloomberg news congressional reporter, Anna what happened over the weekend. So there was an impasse. It. Kind of almost seemed to come out of nowhere wasn't over the border wall wasn't over border security, which is kind of the space that we are watching but about the tension bed and Democrats tried to limit the number of detention beds that I the customs enforcement agency has available in thinking there is that if less beds are available then the government will have to be more strategic about to deport and it'll be forced to go after more violent criminals, kind of leave, you know, people who are here illegally, but are still kind of contributing members society won't be focused on and deporting them, and the the question seems to focus on whether or not violent criminals count towards the cap accommodate people can be detained. And it's really a kind of tricky issue that has come out, and and really start any momentum that we had coming into the week. Does it look like this is now going to be a sticking point as well? As the wall. Yes. Absolutely. And they actually come to a bit of an. Of an agreement on the wall. I've looked like they were settling just south of two billion dollars for border security so of that for physical barriers and then this issue emerged beginning Sunday morning and into last night as kind of the number one sticking point. It's a bit of a strange week on Capitol Hill because the house is coming in for votes late tonight as they usually do at the beginning of the week. But then there are no votes scheduled for tomorrow for the funeral of John Dingell, the former congressman who passed away last week, there's, you know, the kind of the policy impact, and there's also kind of a scheduling an issue. And so it really is going to be hard to see how they can resolve by Friday now just to to settle low one point to Democrats than give in on the wall. They allowed a physical barrier funding. Kinda semantics. It's always been semantics, but. Yes, absolutely. It's been kind of the story of my life. Trying to figure out what's a wall in what's offense. But Democrats, aren't you know, absolutely one hundred percent opposed to any physical barriers most of them. Even speaker Pelosi said, well, we have you know, some pedestrian barriers some barriers, and it seems like the compromise. They were coming to is that they would fund the kind of repairs of some existing bears upgrades. The behavior barriers maybe dusty and fencing put patients on where that could be built. So for example, they wouldn't be able to build and the Santa Ana wildlife, refuge or and other sensitive area. Now, President Trump tweeted out over the weekend that he might use executive action is he using the term executive action different from declaring a national emergency. Yes. The White House has been looking at different ways different parts of money that could be moved around to fund construction of a physical bear on. Law that you know, or maybe comes from unused fund or some military appropriations which is very controversial because congress appropriate that money for reason and the executive branch does not have the constitutional authority to rearrange that money and spend it where it sees fit. So there would be some legal challenges depending on how that's done that doesn't preclude the chance that he could declare national emergency. I think that is on the table. But that's not specifically what he was referring to in that comment. All right. So either of them would would draw legal challenges. Let's talk about the leader's from the house and Senate meeting today at three thirty how much do they have to agree on what what time period did they have to get this all in motion. So these are the appropriators that are meeting at three thirty two. They're the ones in charge of negotiating this conference committee to reconcile the house and Senate versions of the department of homeland security appropriations Bill, which is where this. Border wall funding is so this is going to be a very crucial meeting and kind of the the noises they make coming out of this meeting could give us a good idea of whether or not we are on our way to resolving the impasse or whether or not the two sides are just Doug, Doug and even further, and it looks like we could even be headed for another shutdown. In Washington because last week it seemed as if we weren't headed for another shutdown then over the weekend, it's shutdown talk. Again, we have only about thirty seconds here. But are people in Washington feeling more and more like there is going to be another shutdown? Yes. This is a very surprising turned over the weekend. And we were pretty confident going into last week that shutdown it'd be averted. And now it looks like that possibility is not totally off the table. If negotiators need more time they can pass another stopgap measure, but that's going to depend on some something niggling and some scheduling situation. So we'll falling all of that this week, and you have a love to follow this week. And we'll be talking to you as you do it. That's an Edgerton. Bloomberg news. Congressional reporter coming up on Bloomberg politics policy power in law as lawmakers continue that negotiation on border funding in the wall. President Trump is heading to El Paso for a rally tonight to build support for his border wall. But I check on the latest world and Nash. Headlines. Here's Bloomberg's Nancy.

Democrats executive Bloomberg Greg time Dave Wilson President Trump reporter Goldman Sachs Washington Edgerton Bloomberg Goodyear Tire Electronic Arts Senate Bank of America Dave Dave I John Dingell Edgerton
"hunter harrison" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

01:42 min | 2 years ago

"hunter harrison" Discussed on MAD MONEY W/ JIM CRAMER

"Who's a disciple of late hunter Harrison the man who turned around CSX? So I'd be a buyer to any dip almost every single CSX line items. Good and both Union Pacific in Norfolk. Saw that I think are strong in CSX when it comes to freight. You know, I've been a huge huge fan of McCormick spice company. And I bet we hear some great things when they report particularly from their Franks hot sauce division. If you ever see this label in the supermarket snap it up. Let me know. Here's a while one freeport mitt brand, go copper and gold miner this Stockman. Perky of late by fen? Stephanie link was on halftime with me. And she was talking to me about it. It's interesting because copper has been real dog. We gotta find out what's going on here. I can't figure it out. But I sure like the way it trades. And you know, I like gold I was headed their balance sheet at the traders are all over that bad. Boy, I can't wait until after the close Thursday, these that's went into reports. And I wonder whether they'll nounce new CEO we spoke to interim CEO Bob swan last week when we out in San Francisco, and he was a bullying about his business Intel's put cheap stock. I buy both before. And after I think it's through fifty one any good news. How about Starbucks? Remember this stock took off last time CEO Kevin Johnson spoke on the quarter. I feel you might have stolen some of his own thunder. So unless he's got some positive news up steam about China, there may be nothing you to propel Starbucks higher. But it falls to the two fifties. I say to the fifties. Because it's in the low sixties you might want to snap some up a quarter. Hey, listen, we crazy market. You never know. I'm hearing too much chatter lately about how Western Digital might be concerned so concerned about. This balance-sheet that measure may action to address the baffled dividend. Colonel use more than five percent kinda surprising watching digital makes distress and flash memory chips, and they'd been seeing pricing falling through the.

CSX CEO Kevin Johnson Starbucks hunter Harrison gold miner McCormick spice company CEO interim CEO Western Digital Norfolk Franks Stephanie Intel Bob swan China San Francisco five percent
"hunter harrison" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

01:42 min | 2 years ago

"hunter harrison" Discussed on MAD MONEY W/ JIM CRAMER

"Who's a disciple of late hunter Harrison the man who turned around CSX? So I'd be a buyer to any dip almost every single CSX line items. Good and both Union Pacific in Norfolk. Saw that I think are strong in CSX when it comes to freight. You know, I've been a huge huge fan of McCormick spice company. And I bet we hear some great things when they report particularly from their Franks hot sauce division. If you ever see this label in the supermarket snap it up. Let me know. Here's a while one freeport mitt brand, go copper and gold miner this Stockman. Perky of late by fen? Stephanie link was on halftime with me. And she was talking to me about it. It's interesting because copper has been real dog. We gotta find out what's going on here. I can't figure it out. But I sure like the way it trades. And you know, I like gold I was headed their balance sheet at the traders are all over that bad. Boy, I can't wait until after the close Thursday, these that's went into reports. And I wonder whether they'll nounce new CEO we spoke to interim CEO Bob swan last week when we out in San Francisco, and he was a bullying about his business Intel's put cheap stock. I buy both before. And after I think it's through fifty one any good news. How about Starbucks? Remember this stock took off last time CEO Kevin Johnson spoke on the quarter. I feel you might have stolen some of his own thunder. So unless he's got some positive news up steam about China, there may be nothing you to propel Starbucks higher. But it falls to the two fifties. I say to the fifties. Because it's in the low sixties you might want to snap some up a quarter. Hey, listen, we crazy market. You never know. I'm hearing too much chatter lately about how Western Digital might be concerned so concerned about. This balance-sheet that measure may action to address the baffled dividend. Colonel use more than five percent kinda surprising watching digital makes distress and flash memory chips, and they'd been seeing pricing falling through the.

CSX CEO Kevin Johnson Starbucks hunter Harrison gold miner McCormick spice company CEO interim CEO Western Digital Norfolk Franks Stephanie Intel Bob swan China San Francisco five percent
"hunter harrison" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

03:33 min | 2 years ago

"hunter harrison" Discussed on MAD MONEY W/ JIM CRAMER

"Health insurance company UNH's been talking a blue streak, but I'll well, it's doing promise. I don't know if national can ever top it self at this point. I don't know if they can say anything new to propel the stock higher editors excellent forecast for ages and ages plus the healthcare co-workers fallen out of favor since fed chief how indicated he he's more that say, he's more circumspect about raising rates making recession less likely and there. Sessions. Well, let's say these stocks co two that said I do expect you in h to give us a great quarter unqualified early in the last week. We should just putting numbers from two different allies, delta and American so. Sell sell sell as fallen ticker ticket prices have impaired their profitability. If there's a few close plummeted a lot of people were begging these big upside surprises. Well, United continental tell the same story. We didn't reports Tuesday to close this airline. Just can't let's say the airline crew. Can't get any mo-. Joe? Okay. But if any of them can buck the trend, it's going to be United which has been the best of the best since Oscar Munoz took over a CEO I ever thought I'd see the day when the cheapest Bank stock would be my alma mater, Goldman Sachs, but a lack of growth combined with some disturbing news from troublesome. Malaysian transaction has nets be put berry a very diplomatic Lee has devastated. The stock. We've been buying golden for the channel. And so far that calls been dead dead wrong. These levels though, I do think it's too cheap to ignore. However, if they don't at least try to quantify the damage from this relation scandal, even a good quarter might not matter. And I don't know if the governor let him tell tell what's really going on. I don't feel the same way though, about Bank of America. I think might surprise us give this gigantic acid base and the money it's making off your deposits fed funds rate goes I r- she'll Brian Moynihan has made this Bank more profitable than ever. And by the way, he's very digitizing. But like all the banks it needs permission from the regulators who were chairs with larger given some buybacks it to the close Wednesday C S exports ever since the late hunter Harrison took over this railroad CEO and introduced disciplined to an operation that seems let's say been unruly retrospect, there's been nothing but upset your I bet that trend continues Thursday morning brings us Morgan Stanley for my money. This just might being let's say the biggest potential for an upside surprise or in the group along with the healthiest by James Gorman. The CEO is navigated the regulatory thing of banking better than any other. Executive and is advisory businesses. Now second to none. I think Gorman's content the buy back as many shares as possible while the stock is down here. You know what I buy right along with them. After the close we get results for America's specified like the last few quarters, the stocks down more than fifteen points from its highs. So we need to hear the corporate travelers are still spending. I'm concerned given the week airfares that we've been learning about what I most want though is something about China specifically the chances of getting a business license that let's AmEx expand into this massive market. You went high stakes. How about a stock? That's already up twenty six percent for twenty me twenty six percent. And it hasn't even been two weeks. I'm talking about the soccer net. Flicks. Analysts who cover the stock have been tripping all over each other raise numbers and push. The stock I typically don't like this kind of action, but Netflix typical stack I've spent good numbers. But at this point this talks too much for me to recommend buying. I'm taking my two year from my old trading partner, and friend count Kramer who say Jim yet missed it. I don't even terific goes great. You don't have. The right to buy it here. She was almost always right? So I'm not going to go against her vitamin here from BF corporate slumber J two very challenge companies. We've stuck with slumbers for trust. And I feel like I dope. I made the mistake of betting on the best house, but it turned out to be real bad neighbor oil patch..

James Gorman CEO Lee fed Brian Moynihan Kramer hunter Harrison Bank of America Oscar Munoz UNH Goldman Sachs China soccer Netflix BF Joe America Executive
"hunter harrison" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:07 min | 2 years ago

"hunter harrison" Discussed on Bloomberg Radio New York

"Your Bloomberg business flash. It's time now for the market driver's report with Dave Wilson, Dave, it's been quite a ride this morning. Oh, it sure has Greg. No question almost all the eleven main industry groups in the S and P five hundred are higher. Now, though, the exception or the financial stocks in terms of individuals shares you're looking at two up in the S and P five hundred for every one that's down. Biggest gain index belongs to Union Pacific eight and a half percent. The railroad higher Canadian nationals former chief operating officer. Jim VERA, as it's CEO or COO VERA worked under the late hunter Harrison who pioneered inefficiency strategy that Union Pacific has adopted. Mattel was up six and a half percent. The toymaker rally for third day in the latest. Advance follows news of a contract. With Warner Brothers pictures for a live action Barbie movie starring Margot Robbie Mattel's tried to get the picture made for more than a decade now. Now, the s&p five hundred steep. Has dropped belongs to PGE down eight percent. The California utilities sliding for a second day after people from or the situation sets considering a bankruptcy filing. As soon as February PGE sank yesterday by twenty two percent and alumina has fallen six point six percent. The maker genetic testing equipment gave a revenue forecast for this year. There was lower than analysts average estimate in a Bloomberg survey. Greg, thank you. Dave. That's Bloomberg's Dave Wilson. With this hour's market drivers report. Now, we're on with politics policy power in law. All right. Thank you. Greg. President Trump planning to deliver that televised address in prime time tonight take his case to the public for his proposed border wall. And as he prepares to address the nation. He's also considering whether to declare a national emergency that would just bypass congress and build the wall. Looking at a national emergency. 'cause we have a national emergency. Just read the favorites. We have a crisis at the border. All.

Greg Bloomberg Dave Wilson PGE Union Pacific Margot Robbie Mattel CEO or COO VERA Mattel Jim VERA chief operating officer Warner Brothers hunter Harrison California Trump President twenty two percent eight percent six percent
"hunter harrison" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:53 min | 2 years ago

"hunter harrison" Discussed on Bloomberg Radio New York

"It's time to bring in Dave Wilson, Bloomberg stocks columnist and blogger mlive go on the Bloomberg remember to send Dave an Email at dwilson at Bloomberg dot net. Sign up for his daily free Email newsletter. Dave Wilson, shall we begin with the railroad industry? Sure, if you're so inclined, and then when you look at the main industry groups in the S and P five hundred they're all higher, even well Union Pacific is up nearly ten percent right now. Right. Knee industrial stocks leading the way. And of course, you know, you can fit Union Pacific into that category. So, you know, it's all about this concept that hunter Harrison brought to the industry, you know, how to be more efficient and it's played out across north. America. Canadian national is one of the railroads that he ran and the second in command there Jim VERA just came out of retirement to take over as the chief operating officer at Union Pacific, which has indeed adopted this strategy. So you're talking about you know, one man being worth something like ten billion dollars. When you look at the rise in Union Pacific's market value today. It's up nine point seven percent stock is right now. So it just goes to show you how valuable bringing in someone that worked directly with hunter Harrison can be for railroad. If we broaden out for a second because we are seeing a broad based rally and extensively this is. Because there is optimism around the US and China coming to sort of some sort of trade agreement is that really what's going on here. I mean are people really just getting hope from the idea that talks are happening? Well, I mean, there's no doubt there's part of the mix in that. We have seen a whole lot of back and forth. And no doubt. There's going to be a whole lot more back and forth before any kind of agreement emerges mean what you can save for the moment is that what you're looking at today is very much a continuation of what we had yesterday so broad-based advance ill with industry groups, pretty much participating mega said utilities, overcoming another decline in PG. And I couldn't help noticing after our discussion yesterday what happened to that company's debt rating. We can we talk about the oh, go ahead. Okay. So yesterday, we were talking about how it's kind of crazy that it's an investment grade rated company today. It is no longer an investment grade close as downgraded by what six notches, I believe I into Junkins putting it on watch for further downgrades bonds absolutely plunging right now. Although again as we talked about yesterday wasn't this obvious yesterday. I mean, honestly, and this sort of raises the question of beyond just a balanced. Cashflow issue. What other risks are there where people where you can have a company that just decides to file for bankruptcy. Even if this is for a political reason, the reality is often see isn't solvency true enough. But then there's the bigger question of, you know, to what extent might the state step in and help out the company what a thing for the brand. New governor Gavin Newsom to have to deal with these sworn in yesterday, and he's already got this issue stereo renting a face. So, you know, that's no doubt part of the thinking and the issue just to lay it out there. The issue is that wildfires in California northern California, specifically not only this year. But in previous years have created a large liability anywhere from twenty five to thirty billion dollars in that liability would necessarily be born by the company, but because of the size of the liability and the viability of the company the state as you just described may have. To play some kind of role in this exactly you to put those numbers in context, you're talking about P genie's market value as we speak is about nine billion. So you're talking about twenty two billion dollars of debt. So try to square that math here. Well, we'll put it all together. You can see the challenge that they're facing course. It's an exception at this point. It's not the rule. Right. And it is a regulated. I mean, it's a rate regulated company. So if you want to apply private industry metrics, you have a tough time because they can't just go out and raise rates in order to cover this liability now because it's all up to what the regulators will let them do. And of course, that plays into the whole question of what's this company going to look like going forward, given the extent of the liabilities stock traders care at all about President Trump's speech that we're going to hear about the wall. Well, it will be something to modern to pay attention to. But is it going to change things in any meaningful way? Perhaps. Not because you know, if it was really something that they were focusing on. You wouldn't see the kind of gains that you have today and really across the board gains. So that tells you at the very least what we've seen over the last couple of months in terms of share prices coming down has given some people enough of an incentive to step in and buy at this point that hey, they don't even have to wait for the fourth quarter results to show up from companies. They want to get ahead of you definitely have that going on here. He had a note today from Danaher, formerly the company of Larry Culpepper. Who is now the chief executive of GE Danaher saying that they look at fourth quarter earnings per share at or near the high end of their prior forecasts. And also General Electric shares moved higher once again up one and a quarter percent. Yeah. That'll be the real question is to what extent has the drop in share prices kind of justed for what may lie ahead. You know, because because Mike Wilson is strategist over more than standard was talking about how his idea that we're going to get an earnings recession this year couple of quarters of lower profit from the S and P five hundred is already built into share prices. So if indeed companies are able to deliver profit growth than you would think that there's room for them to rise. And that may well be playing out as we speak in terms of how stocks are doing. Dave Wilson, Bloomberg stocks editor columnist and blogger mlive go on the Bloomberg. Thank you so much for being with us a couple of other notes, Goldman Sachs putting out research. If they now see the peak of ten year treasury yields already having been made for the US, so definitely kind of a bearish view or a longer term growth. And also, we work. We didn't talk about we work. I love this. It's rebranding itself as the we company. Highlight. They're the real estate at SoftBank is not investing as much in them as they had previously expected bonds are completely falling bed right now. Anyway, let's head over door. Dan when studios in Washington.

Bloomberg Dave Wilson Union Pacific hunter Harrison US Gavin Newsom California Danaher America Goldman Sachs Jim VERA chief operating officer Mike Wilson SoftBank General Electric President Trump GE Danaher Dan
"hunter harrison" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

11:10 min | 2 years ago

"hunter harrison" Discussed on Bloomberg Radio New York

"One six one Boston ninety nine one FM Washington nine sixty the early morning bay area. Thank you so much for the emails earlier and Sears out of the west coast greatly. Appreciate those as well. Bloomberg eleven three. Oh here in New York. Maybe Brooklyn here in a moment with a guest. We'll see if we can align up with him futures up twenty four Dow futures up to forty six Pimm FOX Tom Keene. And again, we're looking at Sears is one note and there's other news items as well. And of course, toward the president's speech tonight is all right to the equity markets. My right Union Pacific is where you start today. David Wilson that is where I start. It's one of the most active stocks early trading and it's up seven and a half percent. Well, this coming off the railroads hiring of Canadian nationals former chief operating officer. Jim VERA as C O. Now VERA worked under the late hunter Harrison who pioneered in a fish strategy that Union Pacific has adopted. He came out of retirement to take. The job. So definitely a focus on him in being able to implement this strategy session. They call it precision scheduling, yes, they do pretty much become the standard across the railroad industry. At least in North America that life will be worth watching. You have a management change there as well. The insurer named they top executive Michelle caliph to succeed. Stephen Ken Dareen is CEO. And may I he's also stepping down as chairman as Kim Darian is and Columbia University. Professor Glenn Hubbard who serves a MetLife sport will take over for him in that post Taslima is up two and a half percent oracle founder, Larry Ellison. Disclose he owns a one billion dollar stake. In the electric car maker. Allison is a friend of tesla. CEO Elon Musk enjoying the company's board last month, Amazon dot com up two percent. The online retailer plans to buy the cloud computing company, cloud endure for two hundred and fifty million dollars. According to this rarely business. News service Globus. Amazon became the world's most valuable company yesterday by the white by surpassing Microsoft Intel's up one percent. These semiconductor maker said it's working with Facebook to develop a new class of artificial intelligence chips. They were announced all with other products in advance of the Consumer Electronics Show which begins today in Las Vegas. No doubt. There will be a lot of announcements out and go to see us. I never did. I thought maybe you'd be one that was dragged. It's totally different than it was like fifteen years ago, we still have to wait in line for a taxi from the airport. Okay. Oh, many many many times all the way was run by zip. Davis one time. It was bought by Masayoshi. Son of SoftBank. It's not the same. I write is a deck. No. I mean, it's still pretty silly to get your roller skates on in order to can moving on PGE data. Tell percent deep Pacific Gas and electric the California utilities law for a second day after people not the situation sense considering a bankruptcy filing. As soon as the next month PG faces claims related to wildfires that may reach an estimated thirty billion dollars a luminous down five percent. The maker of genetic testing equipment gave a revenue forecast for this year that trailed analysts average estimate and Bloomberg survey couple of stocks moving on analyst calls carnivals up three and a half percent. The cruise line owner was raised to buy from whole that are capital in Las beverage up. Three percent. The energy drink maker lifted to buy from hold at SunTrust via near this is an auto parts maker up ten and a half percent. They estimated that the valuable orders receive last year jumped about forty percent from twenty seventeen you've got a biotechnology company will Derna up six and a half percent. They fight with US regulators for the first ever clinical trial of a proposed treatment the company wants to study a drug for a metabolic disorder. And since you mentioned, Sears holdings. We should note that stocks trading at roughly seventeen cents a share in the wake of the liquidation. Close yesterday about thirty cents it in the cards there that according to Reuters this morning, Pimm FOX, it's a better market the vix is back to average twenty point five nine give or take a point. We're up twenty five on futures. And I'm looking at all sorts of correlated ideas. And all of a sudden we need to begin to discuss the vector of Kerr flattening. We're not there were thirteen point nine, but we just breached fourteen basis points to fifty six fifty six for the two year and three year to fifty four. The tenure to seventy and again, I use it thirty years of benchmark back. Three percent two point nine nine percent right now. I guess we're sort of back to normal within your reading the out on Marcus. Now now, but I got to say that the word that you've been reading all from a variety of analysts and strategist is this might be a very good year. We're talking to David Katz yesterday of matrix. And he said he's bullish on what's going on market. The idea being that all the pessimism and all of the uncertainty, blah, blah, blah has already been priced in. And as a result any good news any good news. But since I saw I did I didn't see I did the Liman chart this morning. Coming off the low the standard and Poor's five hundred cop coming off of early two thousand nine and there's been, you know, just haphazardly five six eight times of modest or tangible rollover where people go go to cash or whatever they do. And we're we're clearly there again, I mean on a log basis, it's has only one equivalency to the roll over that we see recently and everybody tries to rationalize it. And we forget that a year basis full calendar year. I believe there been two years in the last night. We're really moldy. Yes. Really ugly. Yes. And also the idea being that, you know, you pick these static time periods. Everybody's got a different by price. Everybody's got a different price. We'll just reiterate, I know you've been following it. But the president coming out with a tweet having to do with tariffs. But also, our coach you mentioned talking about interest rates had if I had term zero interest rates to play with like past administration rather than the rapidly. Raised normalized rates. We have today. So that would have been so tweet sound like the president now. That's neither here. Maybe maybe it's true. But the normalized rates, and of course, that goes back to terminal value as well. And I was just that's going to be a huge theme for two thousand nineteen with the fed is where are we heading to in terms of GDP growth. Terms of yield in terms of expected return on fixed income expected return on equity market their pension plans, all of the insurance companies. I mean, they're looking at trying to make a certain bogere hurdle rate. What six seven percent. Yeah. Below that. Well, that's the point maybe investing by looking in the mirror. So many of our listeners I've been guilty of this. We've got a psychology. I remember it was double digit. All I wanna do is make ten eleven percent a year, and then it was eighty nine percent. And now as you correctly, say pinball rationalizing six or seven percent yet. And we just heard from Brian shooting at northwestern mutual. That's one of their great battles is trying to rationalize to single-digit outcome. You were call. Of course, the notion that if you could make an in the business if you could make ten percent you are rockstar. And if you do it consistently Robert lineup Arthur Levitt to be with us today. I didn't know this Brooklyn New York where Arthur grew up has a truly landmark art deco. Sears Roebuck, Joel I'm Bedford avenue avenue. Hello roosevelt. Dedicated in nineteen thirty two when she was first lady of the state of New York. I was not there. But I think my mother was your mom your mother in there. But it's a gorgeous building my every district description, but these are some of the fabrics of Sears, Roebuck. Those stories are across the retail space is probably worth more than whatever store is actually selling could sell or the square footage. Yeah. Exactly the script. But again it shows. I mean, do you bring up? Amazon was Sears is a competitor was at WalMart stores. Amazon. Yeah. Was that they were. Log that was the whole thing. But they were done before. Amazon got big I would suggest. Yes. It was more about WalMart. Yes. It's what's Sears did to the dry goods stores. What do you mean by that drag mostly hundreds? Yeah. You know, it's Amazon. Did you had the Sears catalog? You could get delivered on the train or whatever. Yeah. Same thing with Home Depot and many of the snake. Did it? I was actually that would be a great conversation wanting to attract Mr. Langone talk to him about how he had to deal with Sears when he was moving two by fours of nearly days. Yeah. He was a book, by the way, his book. I listen. Yes, wonderful book. And when you read it definitely sounds exactly like Ken Lay. It does. I'm so glad you brought that up. I'm gonna I'm gonna put that out on Twitter and. Okay. Great Ken wrote a book, and I love captain's is more than a book. But it's also a captures of specific buried in American history. And also what he also accomplish what Aviv along the way of the struggles of Home Depot. I'll put that out on Twitter. You'll see that here in a bit futures up twenty five they continue to lift through the morning futures up to fifty seven Vicks not doing all that much at twenty point six three yields fractionally higher through the morning, Pimm FOX and Tom Keene. This is Bloomberg. Now, let's go to Mr Michael Barr and find out what's going on in the world Tobar. Thank you. Thank you. Sam President Donald Trump plans to deliver a prime time televised address tonight before he travels to the US Mexico border later in the week as he battles Democrats over funding for a border wall. Bloomberg will carry the president's speech live starting at nine PM, Wall Street time on TV and radio. Former New York state Senate leader dean Scelo due to report to prison today to begin serving his four plus year prison term for corruption conviction. The seventy year old Republican is expected to report to the federal prison at Otis Ville, New York, his son, Adam report to the federal prison in Danbury, Connecticut to begin serving his four-year sentence skills in the sun were convicted on charges of extortion, wire fraud and bribery, global news twenty four hours a day on air and a doc on Twitter powered by more than twenty seven hundred journalists analysts more than one hundred twenty countries. I'm Michael Barr. This is Bloomberg Tom. Thanks, so much, Michael greatly.

Sears Roebuck Amazon Bloomberg president New York Pimm FOX Pimm FOX Tom Keene Stephen Ken Dareen Brooklyn Union Pacific Twitter US WalMart Mr Michael Barr Sears holdings David Wilson Boston CEO Elon Musk Washington
"hunter harrison" Discussed on Get Up!

Get Up!

03:46 min | 3 years ago

"hunter harrison" Discussed on Get Up!

"So there's a lot to say about both of these teams coming out of last night's game. We'll start with the Vikings. Who of course, you were aware signed Kirk cousins to the huge he'll three years eighty four million dollars. And if you look at the numbers, they've not gotten much of a return on that through thirteen games. They had better numbers last year with case keenum and Sam Bradford at quarterback cousins. So Ryan, that's the first place that we go. You look at those numbers in the fan will ask the question is a lot of this Kirk cousins fault how much of it. Well, obviously some of it is Kirk because his fault. When you watch that game last night. You look at the game and see he just didn't do enough. But you go back to some of these other matchups throughout the season. And it's a Vikings problem, not just the curtain cousins problem. The reason case keenum was able to get these guys that NFC championship last year is because you had elite defensive play in situational opportunities. They're not rushing the passer the same way, they did lash outside of Danilo hunter Harrison Smith isn't having that. All pro type of season. And also from a running game standpoint, they are not producing you Kirk cousins in because you said if everything stays the same if we're great, oh, defeats if we can run the ball, Kirk cousins can get us over the hope there's been gained. We're games where Kurt cousins do for over four hundred yards. And they couldn't win you. Go play the Los Angeles Rams, and you can't win. And it's not because of Kirk cousins you tie against the Green Bay Packers with an elite quarterback, and it's not because of Kirk cousins. And so though, he deserves some of the blame we can't solely place this on him to your point. If the Vikings are essentially the same in a lot of good areas as they were last year. They add Kirk cousins, why do they not have similar success? Why is it so hard to repeat because every years different lower. You know, and I think sometimes we watch Bill Belichick. We watched Tom Brady always say, oh, that's how it was supposed to work as long as it. People return. You're still going to be a good team. But you have to go out and execute in the game has changed. We've seen. Gene, the point total go up we've seen these office of explosion and the Minnesota Vikings. It's just not kept pace with what the NFL is doing consistency may be the hardest thing to achieve in sports or candidly in any level of success. So let's take a look after last night at where everything stands in the playoff picture in the NFC. So the saints have clinched the south out of their sights set on home field advantage throughout the NFC playoffs. New Orleans has not been the number one seed since two thousand nine by the way, they won the Super Bowl that year. So that's where we stand in the south the Rams, meanwhile, they have the west locked up. They have a good chance to bounce back from Sunday's loss. They have a sixty two percent chance according to our to win out, and that would be the best of any team the rest of the way of their scheduled. It's easy. They should be in good shape as good as the Rams have been this year. The bears have the same scoring margin actually at plus one twelve this got gotten there a very different way. They have a chance to clinch the north next week against the Packers. And they looked right now comfortable in that three spot. Then afterwards slow to start the. Cowboys have won five straight. They have a ninety nine percent chance to win the NFC east. They would wrap up the division with a win next week against the colts. So that's where the divisions all stand. And then the Seahawks gain a game advantage in the wild card race with their win over Minnesota yesterday. The Vikings remain despite their mediocrity very much in the playoff position. In fact, they right now, we're in the second spot a half game ahead of Carolina, Philly and Washington. So now, let's focus for moment on Seattle. It's gives them credit. This is that we both buried absolutely a month ago on the show. I remember you guys do do they say quick As to throw. the throat. No, no Fager being today. But bridge here we go ready taken this having said that do they suddenly go from a team that we thought was rebuilding to a team that no one wants to play in the playoffs..

Kirk cousins Vikings NFC Minnesota Vikings Green Bay Packers keenum Seahawks Cowboys Rams Los Angeles Rams Danilo hunter Harrison Smith Ryan Kurt Sam Bradford Seattle NFL Bill Belichick New Orleans Tom Brady Gene
"hunter harrison" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

02:02 min | 3 years ago

"hunter harrison" Discussed on MAD MONEY W/ JIM CRAMER

"Not just about retail last night csx on gigantic railroad reported earnings do you know that almost every single cargo they carry chemicals autos and culture produce was dell the company still crossed the profit numbers and stock soared up seven point eight percent house of pleasure this second biggest gainer in the five hundred today how did do they had a remarkable increase inefficiency making a much bigger profit from those declining cargo wines with far fewer people yet it was all tech and yes the organizational skills put into place by the company's late lamented ceo hunter harrison now there's tremendous patch in the rams they're important group they're ton of graybeards out there who don't want to buy stocks unless the transports are running because the transports she is the lifeblood of commerce so this strengthen the rails was instrumental helping the average is hang in there for most of the day by some very hope highprofile disappointments matt in a moment i though did you see the other leaders today besides the transports the oils days just you know sixty eight thousand changes we're out today would have caused our producers to gresley sell oil futures against production in order to bring in a little extra income so they wouldn't lose a buck or two or even five bucks per blough the option selling to would send prices plummeting and the stocks stocks get slammed back then sixty dollars was the break even price for many oil companies so it didn't make sense for them to do much drilling these days though you have outfits like slumber j ports friday core labs technology experts they can find oil in out of places allow you to drew for it much more cheaply southernly these properties are lot more valuable you combine the oil in the permian basin with software of halliburton and we have brewsters making fortunes.

ceo hunter harrison rams halliburton dell eight percent sixty dollars
"hunter harrison" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

02:02 min | 3 years ago

"hunter harrison" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"Not just about retail last night csx on gigantic railroad reported earnings do you know that almost every single cargo they carry chemicals autos and culture produce was dell the company still crossed the profit numbers and stock soared up seven point eight percent house of pleasure this second biggest gainer in the five hundred today how did do they had a remarkable increase inefficiency making a much bigger profit from those declining cargo wines with far fewer people yet it was all tech and yes the organizational skills put into place by the company's late lamented ceo hunter harrison now there's tremendous patch in the rams they're important group they're ton of graybeards out there who don't want to buy stocks unless the transports are running because the transports she is the lifeblood of commerce so this strengthen the rails was instrumental helping the average is hang in there for most of the day by some very hope highprofile disappointments matt in a moment i though did you see the other leaders today besides the transports the oils days just you know sixty eight thousand changes we're out today would have caused our producers to gresley sell oil futures against production in order to bring in a little extra income so they wouldn't lose a buck or two or even five bucks per blough the option selling to would send prices plummeting and the stocks stocks get slammed back then sixty dollars was the break even price for many oil companies so it didn't make sense for them to do much drilling these days though you have outfits like slumber j ports friday core labs technology experts they can find oil in out of places allow you to drew for it much more cheaply southernly these properties are lot more valuable you combine the oil in the permian basin with software of halliburton and we have brewsters making fortunes.

ceo hunter harrison rams halliburton dell eight percent sixty dollars
"hunter harrison" Discussed on Marketplace All-in-One

Marketplace All-in-One

02:02 min | 3 years ago

"hunter harrison" Discussed on Marketplace All-in-One

"Although eighty percent of snap recipients are already there senior citizens a person with a disability war folks who were actually in the workforce there are asking calls to tighten the nutrition guidelines for example banning sugary soda from snap eligibility but says jim while of the food research an action center the evidence that snap recipients have diets however different from other people is miniscule he says cutting the program runs the risk of harming health reducing student achievement and increasing poverty in new york on line kyla for marketplace now there is news the railroad freight company csx will now require it's chief executive officers to get an annual physical exam this comes after the death of the company's ceo hunter harrison last year two days after taking medical leave for an undisclosed illness at csx going forward future ceo physicals will be reviewed by the board for more on this i'm joined by marketplace kimberly adams in washington kimberly what do we know about this policy shifted csx so i've had a look at the letter at csx is sending the securities and exchange commission this move is in response to a shareholder proposal following harrison's death he was seventy three years old and only about nine months into a big shakeup of the company when he died and there were reportedly concerns about his health within the company and the wall street journal reports harrison refused to give csx is board access to his medical records but aboard can do this i mean this was deeply private information at some level it's not very common from what i've heard from a couple of experts but they can ask for it sure but what they can do with that information that's a lot harder to say one of the jobs of aboard is to plan for ceo succession and make sure a company run smoothly and the health of a ceo is relevant to that but here's the issue as summed up by marcienne a ryan weldon she is a law professor at the university of miami different gray area because let's say you're giving information lucrative from his about our diagnosis of cancer or parkinson's.

jim new york csx hunter harrison washington ceo ryan weldon parkinson chief executive kimberly adams wall street journal university of miami seventy three years eighty percent nine months two days
"hunter harrison" Discussed on MarketFoolery

MarketFoolery

01:43 min | 4 years ago

"hunter harrison" Discussed on MarketFoolery

"Said that fossil fuels are dead when he took the role and said he didn't expect kohl to be part of the company's revenue stream for for much longer and certainly not in the next five to ten years it but he did say that he wants csx to ship the last railcar of call on a us railroad um so you've got declining revenues and one of their previously biggest segments um and now this upheaval in the sea sweet they've lost their chief marketing officer who departed who before hunter harrison came on was supposedly like the heirapparent um to the c o role and and that that role has been vacated now so they've got some holes to fill not only in hunter harrison shoes but also the few levels now below jim foot so i'd adopt a wait and see mindset um and you know just listen to a jim put as to say they have an investor day coming in march maybe you learn something that in and make a decision based on that to the surprise of absolutely noone star wars the last year and i came in number one of the box office over the weekend taking in four hundred fifty million dollars around the world and even with that you look at the box office numbers here in the united states this movie could put up these types of numbers for the next couple of weeks and and 2017 is still going to come in behind both 2016 in 2015 in terms of domestic box office in the us winches which is why the movie theater stocks just continue i mean even on a on the heels of a weekend like this you look at a a movie theater start like amsi holdings just having a tough day yeah i guess you know when you look at the box office sales.

kohl csx chief marketing officer hunter harrison jim united states amsi holdings four hundred fifty million dol ten years
"hunter harrison" Discussed on MarketFoolery

MarketFoolery

02:02 min | 4 years ago

"hunter harrison" Discussed on MarketFoolery

"It's uh it's basically stabilize today buds this really test seemed to be one of those business leaders who was who was part of the thesis for investing in csx i suppose oh yeah i think he was almost entirely the thesis when he saw that he was before he was made the c l when he and a hedge fund that were kinda trying to we'll their way in announced that they were going to challenge icao spot and some board seats this stocks shot up like 25 percent in a single day on dust basically forcing the hand of csx to bring him on board um and and now you're seeing the stock retreat as a result these come in and made a dramatic changes already but there's still a lot of work to be done and now you start to wonder if the folks that are s are still there that remain are capable of that because he was trying to change the whole operating us psychology there and the way that they did business as a railroad over towards the the point two point versus the hub model that they had used they're trying to become a sea and rail or a canadian pacific the to the to rouse a he led to great success before csx and now they're kinda stuck right in the middle of that granted jim foot worked at sea and rail with hunter harrison for a little over a decade so he's got experience with what hunter harrison was trying to do but now it's all on his shoulders so if you are a shareholder of this company do you sell your shares or do you wait and see because jim for and all of this is unfolding very quickly of jim foot still has the word acting in frontier areas title let's just go ahead and assume that he is named the ceo of this company to hold onto your shares you know i think you could certainly adopt the wait and see a wait and see mindset with this psalm although the company even before hunter harrison stepped in was seeing headwinds from the industries that it services most lie most notably coal on they've seen call revenues drop significantly over the last few years and hunter harrison blatantly.

csx jim foot hunter harrison ceo 25 percent
"hunter harrison" Discussed on MarketFoolery

MarketFoolery

02:03 min | 4 years ago

"hunter harrison" Discussed on MarketFoolery

"Thanks to slack for supporting this episode market fully slack has a messaging app that brings together all your teams communications in one place making work simpler and more productive to slack dot com to learn more it's monday december eighteen both in the market flowery uncro cell joining me in studio from stock adviser canada taylor monument one week to christmas it's almost sierra man all your shopping done mostly yes congratulate on add i'm working my way up to mostly as bad to make a few pitstops on the drive down in north carolina friday but we'll see we're going to do a little bit of a look back on 2017 but the there is news of course i'm are going to start with the the sad news from csx of the the railroad company ceo hunter harrison has died following complications from a recent illness and on just on friday csx announced that harrison was going to be taking a medical leave of absence and jim foot the chief operating officer was named acting ceo this i remember when we first talked about hunter harrison coming to see us act syria and one of the things you had said was well he's got this amazing track record in the industry yeah he is older i believe he's 73 he was seventy three was yes i didn't realize that he was ill yet noah you know they didn't really make it publicly known because when csx brought him on board they had tried to make a stipulation that they wanted outside independent doctors to assess his health but he put the kabosh on that and just basically said you're gonna listen to my doctors or or i'm not going to take job so they chose to to you know just listen to his doctor apparently just wrote a two cents note saying basically he was fine and he could lead this company unfortunately uh past prematurely and he's still had a few years left on the contract so we saw shares of csx digest on friday drop about eight percent him just on the news.

north carolina csx ceo hunter harrison chief operating officer acting ceo syria christmas jim eight percent one week
"hunter harrison" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

01:51 min | 4 years ago

"hunter harrison" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"If we can weaken clement number friday that's payroll report even if it's messy because of the storms no what we're going to start hearing people say that the fed might not raise interest rates in december really take all those polls people have tom of their hands that's bad for bags they profit from higher rates and the we much more likely to falter when they report two weeks if we don't see rates go up particularly vulnerable bank of america which is our youths deposit pace and thus benefits the most rate hikes jp morgan because it's now relatively expensive stock versus the group and ceo jamie diamond is not a hypothesis finally there's wells fargo which is already well behind the rest of the cold war but come down a couple of points if it turns out the crossselling boat goscinny's last impacting the numbers that's said i think that's candles almost run its course because the people could keep it alive congress supporters consumer groups of all taken shots at the stage coach and ceo tim sloan jump people soon die out because no one's going to do it any out second there's the rail routes now you know that everyone is the railroads these stocks are so ahead and themselves it is dazzling we've known particular pick up in cargo though other than maybe some stormrelated union pacific got hit with a downgrade that barely dented the stock today for southern treads like a biotech coal won't be making a comeback no matter what president trump does because the utility copies know that eventually a new president whom in just reverse they have to think longer term csx stock is up 44 percent for the year thanks the miracle man at the helm hunter harrison and seems so overdone even i railroad fran have to say enough is enough descendants get the semiconductor group a little worried here the other day we heard about the possibility of flash flash drives.

fed interest rates tom jamie diamond cold war trump president hunter harrison clement america jp morgan ceo congress tim sloan fran 44 percent two weeks
"hunter harrison" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

01:31 min | 4 years ago

"hunter harrison" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"Since then what the move in the averages has been all about a series of fastgrowing techstocks other to see some validation from this rather oldfashioned cooper rails truckers planes barged why not we know the recent rally wasn't being driven by the financial that's a big group because with the exception of a couple of credit card and insurance stocks this group has done nothing to help the industrials have become hit or miss some mrs generally coming from those tied to the oil industry in some way shape or form we know that we got a little to do with the run it all right unless you're talking about amazon walmart costco at alta although a flatbed company so we the fall through the transport up about thirteen percent this year hey that's good but it hasn't been jiang gator eight to monitor the real health of the market given that the power fang with two is apple amazon two wins netflixing envidia has become let's say well long in the tooth with little pullback during this extension want people chattering about this saying maybe fangs gotten too far too fast the first senior us with transport is how few stocks really doing the heavy lifting of the plus thirteen percent into the best performers related each other the railroad csx up fifty percent and norfolk southern up fifteen one fought the epa gaining csx is almost entirely hunter harrison was appointed as we speak eighty pacific this lewis become stuff fletch before harrison stepped in the bears were circling now former ceo might work you know what i didn't know a soulful his twitter mediocre job after he left.

oil industry costco apple norfolk epa csx hunter harrison ceo amazon twitter thirteen percent fifty percent