18 Burst results for "PVH"

"pvh" Discussed on The Drill Down

The Drill Down

05:03 min | 1 year ago

"pvh" Discussed on The Drill Down

"Obviously you're in florida. A lot of your centers in florida What's happening florida's is as bad as just about anywhere in the world right now with the possible exception of louisiana right. Yeah absolutely. I think Last had heard were one hundred. Five cases were coming out of florida and all of the data that now that we have pete and we are beginning to see that You know the bell shaped curve. Start start going down. So i think the outlook potentially looks better in in the next half but he think it's too early to tell to really make that determination as you look forward in terms of growth because it does suddenly you've got some really aggressive expansion plans. How do you decide where to expand to. You mentioned about being concentrated in an in the kinds of new community. I guess those are new affordable housing units that you'll be integrated with related but when you look at a demographic or geographic of combination there what what are you looking for. Yeah like. I said at the beginning. We're really focused on the underserved population. We think that that number is close to twenty million seniors throughout the country. But what we really are looking for is to align herself with strategic partners in order to go after the those demographics in the most effective way and right now those two the the two biggest relationships we have our with anthem and And the related In being able to go after those populations that we feel that we can help the most. So we're not necessarily going out today and just planting flags and you know the fifty states and saying hey we're everywhere where we're being raised strategic about the areas that we want to open up in and we were doing that with our partners to make sure that we're able to go into those areas that have the right density and we have the right relationships with the right partners to be able to affect them most people and so Is in right now as you said is florida..

florida louisiana pete
"pvh" Discussed on The Drill Down

The Drill Down

04:37 min | 1 year ago

"pvh" Discussed on The Drill Down

"Sounds like that makes it probably makes it easier to build those social networks between the customers. Yeah that's right. So i think you know we. We really target things. We're trying to go into the underserved. Markets underprivileged communities. That really don't have access to healthcare without social support networks from their family members. Really don't have a way to get to the doctor many times so we do provide transportation. So we're able to give that to our members in in in those areas and and we recently actually announced a partnership with related Companies out of new york to put all of our centers in affordable housing communities throughout the country In new york and in several places california's well and we're going to be doing that with With related party. And then we're also announced a partnership with anthem to open fifty centers in different states. That they have a real fragmented system we've had the benefit of working with and then which is one of the largest health plans in the country for for many years and they've been able to enjoy better patient outcomes and experiences for their members so they wanna be able to replicate that through a partnership with care. Max and they're going to be assisting us in building out and taking care of mexico to more places throughout the country explained with the relationship with medicare and how we can read into your results to understand what's happening with medicare billing what's happening to medicare payouts. And so i see that all all your financial documents it's very clearly specified..

new york california medicare Max mexico
"pvh" Discussed on The Drill Down

The Drill Down

05:01 min | 1 year ago

"pvh" Discussed on The Drill Down

"Let us know what stocks we should be drilling down on. I welcome back to the drill. Down right joined right now. By the ceo of care maks airmax a really interesting company And the ceo's carlotta solo joins us right now from miami Tell me about geremek's what is how does the business model work you guys own these Senior care centers. At the right the right now and they're so we own We own and operate health and wellness centers that are designed to really improve. The health outcomes specifically on the senior population throughout the country. So we've been able to create what we call a one stop shop model and into a fully integrated center. That brings in primary care specialty. Care wellness care and focused on social determinants. So basically closing the loop on the entire continuum of health so that we can create the right patient outcomes now. these are medical centers. These aren't the living facilities to be clear right. These these are brick and mortar medical centers. So explain to me how this business works. And i wanna i. Of course. I want to get into the medicare and so on but explained to how the business works. What what. What does the mal here. How is it different from any other kind of urgent care or something like that. Yeah so this is truly value based care. And what that means is that we receive a monthly characterization from the health plans on a full risk basis..

geremek miami medicare
"pvh" Discussed on The Drill Down

The Drill Down

03:20 min | 1 year ago

"pvh" Discussed on The Drill Down

"The company was hoping to get to. Here's abbvie ceo. rick gonzales. talking about You know just how rigorous process was to analyze this drug how. He was certain absolutely certain that there wasn't anything you know. They could keep them from achieving. These fantastic results would eventually eight billion dollars in sales for this one drug fairly rigorous back today a very rigorous long range planning process where we evaluate what we think. Additive alternatives might be a profile of our assets versus Other assets and. I would say as we look at rim boguinskaia rizzi and the clinical data has been generated Certainly achieving or exceeding the expectations that we had for those assets. I don't see anything on the horizon that would make it in a timeframe that would have a material impact on those assets based on you know the guidance that we provided or even longer term guidance out to jesse do a ten year long range planning processed out. Don't see anything on the horizon will guess what now he sees it as you mentioned the stock getting crushed and and we'll see over time what that warning looks like from the fda if there's more coming from the fda and if they are indeed able to get these other indications for the use of this drug that they once had such high hopes for. What is your next drill down. Let's look at a p v. Age corporation pva trades under pva shares. Rose fifteen percent today and they've risen one hundred nine percent a year. Tell us what they're doing right. Ph was obedience used to be you know one hundred fifty years ago or so was a pennsylvania clothing maker that sold stuff to coal miners. But now it's global apparel company with about seven billion more than seven billion dollars in sales and best known for operating calvin klein and tommy hilfiger brands. That's eighty five percent of their revenues. Very interesting business to me. Because calvin klein and tommy hilfiger not huge popular brands in the us anymore compared to what they are in europe and asia in fact interestingly thirty percent of their sales in the us have historically in the last couple of years before the pandemic. We're coming from tourists visiting. Us so europeans will come over asia. Asian consumers will come to the us on vacation or business or whatever and rushed to the calvin klein and tommy hilfiger collections. To buy those those That stuff with this These results therefore we're very impressive today because they did well in spite of the lack of tourism in the us towards them for for europeans coming to the us particular and they sold a lot of stuff in europe. there were very successful in europe. Here's ceo stephan larson. Both crediting his team but also talking about kind of what it looks like when they execute well with these brands calvin klein and tommy hilfiger so when when when we look at the second quarter is just another proof points on the strength of our european teams execution and and it's kind of strange Forms and i mentioned it in my prepared remarks it's.

abbvie rick gonzales boguinskaia rizzi tommy hilfiger calvin klein fda rim pva jesse us asia europe pennsylvania stephan larson
"pvh" Discussed on The Drill Down

The Drill Down

03:05 min | 1 year ago

"pvh" Discussed on The Drill Down

"The drill we explained the business towards behind stocks move and we give you the latest most important development in the world of business which three are those executive producer. Is it webster cory. Let's start over in asia with factory surging cove in nineteen cases or hammering factories across asia. We've been talking a little bit about this. Now we have the the stats from various various reports and china. A closely followed. Private gauge of factory activity contracted in august for the first time since the start of the economic that country's economic recovery in april twenty twenty and factory activity across seven southeast. Asian countries also dropped in august from the previous month with myanmar and vietnam suffering. The steepest declines. Now all of this of course could lead to higher prices for consumer goods like shoes chronic so something to watch and furniture as we heard earlier when we talked about I think it was flex steele having trouble getting ill. No one's gonna anything out of vietnam right now. try now on google. google is now going to build. Its own chips for chromebooks and ramp. It's ramping up. Its efforts to build mobile processors for its pixel smartphones. The google the google. Cpu's will run on the company's chrome operating system. And i'll start around. Twenty twenty three and finally amazon said it seeking to hire another fifty five thousand people across the globe. These are corporate and technology positions. Amazon will hold a recruiting event for these positions on september fifteenth. This hiring spree at amazon began at the start of the pandemic now amazon is the. Us's second largest employer behind walmart and the company employs around nine hundred fifty thousand people in the country and has said it has made more than four hundred fifty thousand hires throughout the us since the pandemic began. Cory what stocks. You're drilling down on today. Start with abc. The big story today. Abbvie trades her. Ab visha shares fell some percent today. But they've gained twenty one percent in a year. what is today story with abby so Interesting you know. Change in a warning from the us fda. So there's a certain kind of drug called a janice kinase inhibitor. Let's use principally to treat rheumatoid arthritis. It is one of the very big drugs at abbvie. A drug that they expect to get eight billion dollars worth of sales from once it actually gets too full usage including usage and lots of other indications where they expected to expand it well The company was got an a warning from the fda. Today saying that these jan janice kinsey inhibitors menebhi as safe as they wore that in some cases they showed increased Serious heart related conditions like heart attacks. Blood clots now Analysts on wall street. You know we're talking about this today and saying maybe warning isn't as bad as it seems but i have to say listen to the last conference call. This company has so much hope built into this And these these warnings that that could slow down not just the Rheumatoid arthritis indications but doctors might be less inclined to prescribe this for the expanded indications..

webster cory Amazon google asia vietnam Abbvie myanmar steele china us walmart fda Cory jan janice kinsey abby Rheumatoid arthritis abc heart attacks
"pvh" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:32 min | 1 year ago

"pvh" Discussed on Bloomberg Radio New York

"Heritage Brands unit of PVH Corporation. Formally Phillips Van Heusen to its stable in a $220 million deal. The cash transaction includes brands such as Eyes Odd Geoffrey Beene and pvh, his namesake Van Heusen, but not Tommy Hilfiger or Calvin Klein. Grown in Israeli bioreactors is coming to American diners. Future Meet Technologies is in talks with U. S regulators to start offering its lab grown chicken, pork, lamb and beef products by the end of next year. Company has just opened what it calls the world's first industrial cellular meet facility, which will be able to produce about £1000 of meat a day. The price has come down and consumers take to the slaughterhouse free products. The market could reach $25 billion by 2030, according to a McKinsey report. As a Bloomberg pursuits dot com for more I'm Andrew wrote Bloomberg Radio Accounting Professional Liam Cohen CE PAS, a trustee of the Jewish Communal Fund and Sephardic Beaker. Holum talks about why he uses JCs donor advised fund and recommends J. C F to his clients. J. C F is an organization that I've worked with for many years, both personally and in my accounting practice. The ease of giving and managing my donations through their website is very effective. Using it for tax planning and managing all of my charitable giving through one place J. CFC endowment help support Jewish organizations throughout the tri State area, and that's very important to me.

$220 million Calvin Klein Andrew $25 billion Liam Cohen Tommy Hilfiger J. CFC pvh PVH Corporation Bloomberg 2030 Sephardic Beaker McKinsey both Eyes Odd Geoffrey Beene Jewish Future Meet Technologies Jewish Communal Fund Bloomberg Radio Holum
"pvh" Discussed on 710 WOR

710 WOR

06:02 min | 1 year ago

"pvh" Discussed on 710 WOR

"In that world. Rise above all else. Literally black on a financial report is critical. It's saying that the business energy who's making money and it's profitable The color red on a financial report signifies losses. Business is losing money, and it's not recorded a profit. From a financial perspective those of the two colors that watch more carefully than any other but from a practical perspective and in life, the best color in the U. S of a His green the color of money. That is the show tonight the color of money. I suppose when you come down to it, the color of money is my favorite color. Have a story about color. You ever think about it? There's no prejudice when it comes to green. Cash is King and money is green. No more so in business at the Magic show in California. There was one of the world's greatest trade shows. In California who's called Magic, the Men's Apparel Guild in California. The acronym Magic Men's Apparel Guild in California. Bunch of suppliers got together and banded together show kept growing and growing and growing until the filter convention center in California. It was amazing to see I'll never forget. You know, I get invited to the magic show on because I was very, very heavy and advertising. Conde Nast GQ, I forget which one of the magazines during the Magic show decided to have a party at the Playboy Mansion. I was invited. I'll never forget walking in and saying to my wife. Hey, Sue, You're not gonna believe it. I was invited to the Playboy mansion in California. When I'm there. I can't wait to go and she looked at me. You're not going e grew up my whole life reading Playboy looking at the pictures. I'm not going to the Playboy mansion. But you're not. You're not going. You're married man. You're not going to listen, so I'm going And you're not going We left it that way. The minute I got to California that night, I picked up a friend who I hadn't seen in a long time ago. I named Richard Baron. He was out in California trying to be an actor, and I went I said, I'm gonna pick you up. I had a limo. Set up by the magazines and I went to the Playboy Mansion. It was the coolest thing in the world to be in the Playboy mansion. If I tell you I never been in more boring place in my life. All the fun was stripped out of their to make for an interesting, boring business meeting. There were no bunnies running around. No, there was no nothing. You know Why Why Mommy called the Playboy mansion. She called you have to herself and said, Behave, huh? Look between this story and the one from last week where you're talking about getting massages in Hong Kong. I don't even know what to think of you. Japan, Japan you whatever. You know what I'm talking about. Well, you have to think about what I'm telling you. It was a boring party anyway. Make a long story Short the show got so big That California's convention center couldn't have it and the powers to be shopped it around and thought Vegas would be the perfect place to go. There's some great parties. I also sponsored one night Rod Stewart. Everyone in the world is that the Rod Stewart concert Because my company pvh at the time sponsored Rod Stewart to talk. It was great in the scope of the show turned out to be amazing. But I have a story because tonight we're talking about the color of money, not just investing it in performances, but about Business in general to see what's the name of the guy on the shark tank. You know, the guy who was in the fashion business. Oh, from food. Boo Daymond John Food boo for us by us. Represented a black entrepreneur building, a company that represented the black culture. Cuba was hot. It was one of those exciting companies in the world and everyone wanted a piece of it, and everybody wanted to wear their clothes while they were running and I'll never forget. As a company. We read the largest pressure company in the world at the time. Amongst some other businesses, we said Wouldn't we love to be a part of food Boo and have dress shirts with the food blue label? So we sent in our head of dress shirts, and he went negotiated with food. Boo and sure enough, we got the license the right to manufacture and sell dress shirts with the food boo name. And sure enough, and Lo and behold, the first time we were going to show the food Boo dress shirt line was that the magic show in Las Vegas the food will company to their great credit, took a huge booth. And put applied ALS. They're different businesses and all the different licenses to come and show their wares. And in my case, the food blue dress shirt light and it was an amazing event. And here's what I learned about it when you walked in there. You sore people of color, thousands of them. You saw people that will cook Asians, Hispanics black, all working together. There was an energy in that booth the likes of which I have never seen before in my life. And it was all together. We were all together. There was no color. We're all working towards success. There was no nonsense there was on Lee one color in the world at magic at that time. And that color was green. It's interesting. How work and economics and the opportunity to improve your life and make a living. And focus on Green eliminates racism. I'll never forget how I enjoyed that feeling in there how I felt the common good. There's something about that we should all remember in life. Should never forget it. Jobs, the ability to make money. Crosses all boundaries. Prior to the craziness of Cove. It When the economy was booming..

Playboy Mansion California Rod Stewart Boo Conde Nast GQ Men's Apparel Guild Hong Kong King Sue Richard Baron Lo Las Vegas Japan Cuba Vegas Lee
"pvh" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:23 min | 1 year ago

"pvh" Discussed on Bloomberg Radio New York

"300.9% West Texas Intermediate crude oil's down a quarter of a percent at 45 19 a barrel comics gold's up 3/10 of a percent 18 35 50 announced. Valerie In one of 3 80. The euro dollar 21 62 in the British found a dollar 34 68. That's a Bloomberg business Flash. I'm Greg Jared, and now Bloomberg Markets is on Vanni Quinn and Paul swinging. Jerry. Thank you so much. We appreciate that and have a quiet open here in the morning. But we have you up about 4/10 of 1% is Greg was just reporting. Let's get a sense of where the action is on the tape. We do that, with bloomer, Stocks, editor tables and David looking at this morning action. There's not a whole lot of it this point and you've got a pretty even split the 11 main industry groups in the S and P 500. Six off five down industrial stocks leading the way a fair amount of that is bowing. It's not just the Ryanair order, either. You know, we have people telling us that you know bones getting close to making its first actual delivery of a 7 37 MAXjet since the plane was grounded 21 months ago. They say is probably going to be United Airlines that will take the delivery. You've also got the Brazilian carrier goal, saying it will resume commercial flights with the 7 37 Max a week from today, So you put it all together, and it's clear that you know the issues that Boeing has faced with the two fatal crashes of the 7 37, Max, and you know they're aftermath. I did their least getting to the point where they can start putting those issues behind them. And that's why you've got going up 5.4% the moment you know, one of the biggest gains on the day in the S and P 500, actually the second largest at the moment, the only stock rising wars pvh and that's Cal incline and Tommy Hilfiger parallel the third quarter numbers from that company out late yesterday, and they went over. Well, Thea other side that is, you've got Kroger down 5%. Biggest drop in the S and P 500. They came out with quarterly results, which were just fine yet the company did that provide any kind of full year forecasts of like so many companies, Kroger, Uh, you know, we withdrew their numbers earlier in the year in terms of full year rep projections and, you know, you think you'd get to the point where you know a company like that, which has been a beneficiary for the most part. Of what's happened as a result of the Corona virus would be in a position to say something about the results, you know, and they didn't do it. So you know you gotta stock down 5%. It's itching on that. Boeing News, Dave It seems like a boy from an airline. I don't have a lot of choices here, but I want to fly. You know the newest narrowbody jet? It's basically the 737 Max or the comparable from Airbus. It's not like I could say, you know, I don't wanna outfit my fleet. I basically Have to go with Boeing. And I would think if I'm a buyer here. This is the most tested aircraft. Maybe in the history of commercial aviation Now. Well, I mean this this industry really, if you think about your commercial jets, it has been a duopoly for a long time with Boeing and Airbus going head to head And so now that you know you've had these You know, safety reviews and all these recommendations and everything else. I mean, it's clear that you know you're you're getting closer to a position. At least we're bowing can be more competitive that you know the 7 37 Max can get back in the air on. So that's ah, plus for a company that let's face it. You know, has been really beaten up the this year and the year before the results of the issues with the plane, just looking at the Dow Jones industrial average. As of today, with Boeing's gain, it is no longer the worst performer in the index this year. It's now Walgreens boots down about 30% blowing off 27 a half percent So you know that's something Okay. You know if if I were hopping on if I booked a flight, which is a big if now in this world and I get to the airport, I see it's a 7 37. Max. I'd get on one thing twice. How about you? Well, I mean, I probably go ahead. I mean, I don't see any reason not to at this point to me with the safety checks that have been done and everything else, But the bigger question is, when am I going to be getting on a plane again and it's going to be some time. You know, At the very least, you've got to get to the point where you're comfortable, you know, being out and about in an airport and CEO in a confined space with however many other people are on the plane. No. And you can talk about the extent to weather Covent 19 transmits or doesn't transmit Ah commercial flight. And yet it's still there. It's an issue and we're gonna be months away from, you know, feeling like we've kind of gotten past that, you know, because it's just now that you know we're getting virus the you know vaccines. Out there and, you know, it's just gonna take some time. Interesting. Dave. Look at some movers and shakers. The bar from Carol Master, Um Splunk, what is Splunk? And why is it down 24% Slug Data Analysis company and you know that that's their thing. You know, it's a big data. You mean you had this whole kind of shift in the past few years, Cos you know, collecting a lot of data and then figuring out what to do with it. And Splunk provides software that helps with that. The problem is that you know they're recurring revenue. And that's a big deal for software companies because you've had this whole shift to subscriptions and away from one time sales. So they're recurring revenue in the latest quarter came up short of what analysts were looking for in a Bloomberg survey and then began that you know, their fourth quarter forecast for revenue period was a bit of a disappointment. And so when you put that all together Splunk shares taking a hit in today's trading, I mean, no question, given the magnitude of that decline. Just looking for historical context. It would be the biggest drop ever for the stock, which has been public since 2012 jobless claims numbers out this morning, Dave a little bit better, I guess, but still stubbornly high, but it's it's you know, the job was walking remains very challenging. Yeah, absolutely. And you have to wonder how much of a focus there going to be going forward, Given the issues that have been raised in terms of how the states, you know, compile the data that go into the national numbers. S Oh, it's going to be something that sort of lingers. No doubt for a while. You know, the bigger question, I suppose, is. You know when people are unemployed, what kind of benefits or they're gonna have, Because you know you have this issue of the stimulus plan, which hasn't been adopted. I mean, now there's talk about $900 billion plus On the federal level, You know, we'll see that goes anywhere but that that becomes perhaps an even bigger issue for the economy going forward. Then you know the people who are new to the jobless rolls. Very interesting. We will certainly keep on top of that. Obviously. Jobless numbers. Unemployment numbers coming out tomorrow We will be all over that here on Bloomberg Radio Bluebird stock, Senator Davis and thank you. So much for joining us. We'll chat with you at the top of the next hour. Take a look at small cap stocks here. Look at the market here in you know the first kind of 40 minutes of trading here, kind of a quiet opening, I would call it the Dow up about 4/10 of 1%, the S and.

Dave It Boeing Bloomberg Greg Jared Airbus Kroger Bloomberg Markets Tommy Hilfiger Ryanair Boeing News West Texas Valerie Jerry Splunk Walgreens Max Vanni Quinn United Airlines
"pvh" Discussed on KCRW

KCRW

02:45 min | 1 year ago

"pvh" Discussed on KCRW

"Work from potato head people, Jimmy Stack. Brand new single, Just released from Taylor McFarren music from Tee shot on actress Classic doctor Ponder Work from Rye Crown Been interpreting Classic Kool and the Gang Bang. Kate Ballinger warpaint Steve Lacy, something new from Ethan. Captain Planet's new music from four bicep pvh James Blake and so much more to share statement. Hi. It's Mary Louise Kelly from NPR in challenging times. Giving Tuesday reminds us to take a moment to think about the things we are grateful for, like family or a good meal or listening to a well told story here on this station on public radio. We sometimes get a small window into these moments will be a life really on Keep operating is a success, he says. It's stressful and sad. But when he's here, singing with new friends, he could be more happy up here. Happy. This is just sucked this summer has sucked so that I just really, really just made my heart beat. Public radio has been by your side all year serving you and your community with thorough, dedicated news, right alongside moments of gratitude that offer perspective. We'll consider showing your gratitude by donating to this station. Thank you. Here's how choose public radio. This giving Tuesday at kcrw dot com slash give It's.

"pvh" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:37 min | 2 years ago

"pvh" Discussed on Bloomberg Radio New York

"Shaken. Shake it out of the downside. That is for sure. You heard Charlie Lay out the numbers there. Let's take a bit of a closer look at the S and P specifically who Bears have it. That is for sure. 449 names down 54 up to unchanged, Alex deal and, you know we mentioned this at the top of the show, and I think Dave Wilson did a nice job of laying it out when you look at it. In terms of what those few stocks words that were up. Get to cruise lines in there. What? So, yeah, So I think that the narrative that you know, jobless claims were not great. And the Iast number wasn't great. And therefore we have this big selloff is a little Misleading. Not that that isn't true. But that was the case. Then you'd think consumer exposed stocks and those that are exposed to recovery would be terrible. And that didn't happen. So carnival up there starting cruise line over in Europe pvh that was up a cz. Well, Ralph Lauren was up. You wouldn't expect to see that if it was truly doubts. About the consumer, which I found really interesting. Granted. Things like PVS Pvh is doing well become better because of international. So it's still international recovery story ish, But I think we have to look in what actually sold off and the cruise line's too just Tio emphasize your point. Were that news was coming in part because you've got some cruise ships sailing in Europe, not in the United States. So just buttressing your point there yet. So what were they selling A lot of chips Stocks in Vidia Korvo? Skyworks. They were all among your worst performers in video, which has been the darling of this recovery or this tech surge over this last year, becoming the world's biggest chip maker. That name was down 9.3%. And so that does sort of again sort of buttressed the argument of People just like man. Tech got really expensive. Yeah, and that's why I have a real problem. When this becomes like, oh, the bears a route. We're going to see a correction and sending get really bad because just yesterday in video got some serious praise from RBC analyst That said, Look, I'm raising my price target because you unveiled a new gaming ship that's going to be a secular winner in the semi space. That hasn't changed. So it's it again. It's a price versus valued situation, not a throw in the towel situation. Yeah, in video, by the way, it's up 121% this year, so everybody you know, maybe just take a breath here because this run has been unbelievable, and I just want to reiterate a couple things that I think, Charlie said, But Worth repeating NASDAQ Up 27.7% to 28% this year the S and P up 7% this year the Dow it is now given back the little bit of gain it had For the year. Thus far, it's down 9/10 of 1%, but I think it's worth also noting were in a global pandemic. Yeah, exactly So like let's just Relax. It's beginning. I mean, who knows? Like I'm clearly not a market participant. I'm not a market timer. I'm just saying that I know it's not. It's gonna be really easy for the Bears to jump in on something like this and bears air right twice a day, right if you look at a clock, so Yeah. Very well and also, let's look ahead a little bit, too. Tomorrow we're going to get a job report. I was glad Michael McKean talked about that at the top of the show. So check out the podcast later to hear some of his wisdom as we head into tomorrow what we may see this jobless claims, I think, especially because of some of the confusion around the numbers and sort of the re cutting of the data that probably didn't Didn't make people feel great, so and it's going to be confusing tomorrow. Markets like confusion. No, they do not. They do not. And as you pointed out just a few minutes ago, we're heading into Ah, holiday weekend and then the post Labor Day. New normal Whatever that's going to look like. All right, The vics volatility. Yeah, Let's take a look at that. Because not surprisingly, was up. It was up 26% hitting a three handle. For a third or 30 plus handle. I should say for the first time in quite some time closing at 33.41, this is number All right, Dave. Hi. My name is Dave. Just do you think you're doing? We're going for a price for today, eh, Mr Wilson. Dave Wilson Back with this one more time. Talk to us about your stock of the day. Pager duty. Jason. It's a provider of Internet based software from managing technical operations. The company name our first of the days when employees with pagers were on duty. To address work related issues. Outside normal business Hours. Pager duty was founded in 2009 and went public in April. 2019 $24 a share the ticker is P d. Company's share search as much as a hired 50% in the first three months of training. Gaines didn't last, though. In March, they fell to a record low at about half their initial price. While pager duty then rallied. The recovery was set back after fiscal second quarter results were released late yesterday. Revenue was lower than ANALYSTSAVERAGE estimate. The Bloomberg survey. The amount build the customers otherwise known as Billings was also disappointing. And so our third quarter forecast pager duty foresaw a wider loss and lower revenue that analysts expected. You put that all together the results and outlooks and pager duty shares to their biggest loss ever. They tumbled almost 26%. Yikes. Big drop. And this is big drop stables. Absolutely. But even by the standards of today, 26% is a big drop. It is, I guess. Just like yeah, Whatever Dow is down, 1000 points man, That's going to be bad. Yeah, but it's going to be bad, but it will see fall through selling. That's really what I'm looking for, like a really the clothes bad clearly, you know, we sold the clothes not good technically, but I want to see the follow through selling like what kind of that we see. Tomorrow morning will be very good indicator will where we will be on Thursday. And again, especially given that job's report that it's not just a quiet summer Friday. There's actually gonna be some headlines for people to trade off of all right, Dave Wilson, thank you so much. We will be checking in with you tomorrow for all of those insights in the meantime. You need to get some world and national headlines.

Dave Wilson Bears Europe Charlie Lay Ralph Lauren Pvh Alex RBC Michael McKean United States Vidia Korvo analyst vics Gaines Bloomberg Jason ANALYSTSAVERAGE
"pvh" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

08:30 min | 2 years ago

"pvh" Discussed on MAD MONEY W/ JIM CRAMER

"Terrible horrible, no good very bad day for the whole market, but especially Waken America stocks I need to circle back to the cloud based software that can thrive even in the most difficult economies stocks like Adobe, digital media and Marketing Titan. We've liked for ages around here actually since fifty. This thing's been a juggernaut since it bonded march evening as it pullback settling today, but after the close Dobie gave us exactly what we need. A Results Cup reporter, pretty solid quarter living at thirteen percent earnings beat of the two dollars thirty basis, even as it sales came in a bad light up fourteen percent year over year, and they're out for next quarter was a little weaker they expected. You WANNA come to. You can grow at a fourteen percent clip during the worst quarter in living memory, and that's why the stopped working after hours trading. I think it's a lot more upside. Don't take it from me. Let Stinky Brute with Sean Sooner Ryan he is the chairman and CEO of Adobe. Picture of Companies Holding Mission Orion welcome back to may have money. Thanks for having me Jim and welcome to my house. Oh I love. Got a great nice white look going there. And I'll tell you something. You got a great set of numbers and I want you to talk to people about how when people hunkered down, and they go inside and they don't work at the office. They go to adobe to be creative. Well Jim I think you've always talked about the diversity of portfolio, and how robust it is, and how digital is only going to be Dale? When as it relates to companies who are able whether it's helping individuals be more creative It's helping. Businesses automate inefficient paper based processes as well as powering digital businesses through commerce, and so you know when we look at our quarter, extremely strong quarter. The digital media net new era was a record for q two in as you pointed out among the worst macroeconomic situations of all time, and it just reflected how people have a story to tell. They needed to be creative socially. The working from home and shelter in place probably served as a catalyst for people wanting the best tools to be creative and productive and the other end of the spectrum, the conversation around digital at every enterprise because if you are unable to engage with your customers through physical means, digital's the only way in which you. You can do it and so if you don't have the right website. If you don't have a commerce, you're just not gonna be able to transact, and so you know we're fortunate. And I have to say that our employees the way they rallied in aligned around working from home and maintaining their productivity just makes me incredibly proud of what we were able to accomplish now to have to worry as a country about the demand from small and mid sized businesses waning because we know they hire people and we know that they've been hurt by this pandemic. Jim I. Think you've always spoken about how fundamental small and medium businesses are to this economy and I agree with you why we're fortunate in that we have such a broad spectrum of. From somebody WHO's a K. through twelve student to the largest enterprise in the would, there's no question that small and medium businesses are in many ways the lifeblood of our economy, and them have the ability to open back up and get back to business is going to be important. We're locking in that. We're probably more resilient than most. But our hearts go out to them and I think it's really important that we all think about how we can get them productive. And how we can help them you know with whatever financially shoes they might have in the short-run. And I know you will do that. You know it's funny. You put out a statement I'll last night about listening learning and taking action is not enough to listen with you. Never met Gloria Chan I sure hope to do so when I get out there but. You go into that I have always said to people that you kinda listen to this guy shock. Tuna Ryan. What he's done is he's given millions of kids regardless of their background, the ability to be able to show the creative side. You're listening. You're talking, but thirty million students at home with creative cloud is showing that you're doing. Said Jim I feel so incredibly fortunate to have got the opportunities that I have, and I think it was the emphasis. Placed on me as I was growing up by my parents about reading writing and arithmetic. Today, if somebody doesn't have access to digital literacy, you're going to be disadvantaged for the rest of your lives, and so whatever you can do to enable everybody to have access to digital literacy to be able to tell that story to be able to share their ideas to be able to collaborate. Incumbent. On every one of US especially leaders like adobe in the space to make sure that we do. I bought. To help that next generation of education that happens, and it's going to happen increasingly as you pointed out to a distance learning the next. Tells me and I get it from my daughter. She said you got. You gotTA. Tell shot, Chanu. It is impossible to be a responsible person in their twenties for job without being good at was trader, Photoshop and light room that those are three things that you must be fluent in to get creative job in our country. We appreciate that and as your data points out. I mean images and artwork and illustration is actually will drive the economy, and what's been particularly gratifying is how during this time people have actually taken to creativity as a form of self expression. They've taken it as a way of coping with what needs to happen. Jim We did this. Online training which allowed people to a product that we also have called Adobe Fresco. Do participate with one of the greatest artists that we have within the company, and it's sort of a draw along and the amount of energy that people have. Contributed to creating when we did our honor heroes campaign to honor those who put their lives at stake and our on the front lines, we said let's create a creative campaign to honor those heroes and the amount of submissions that come in from everywhere around the world, because they recognize what these folks are doing it. Just you know that's the emotional connection, not only are we able to have with our customers? That's what creative does for us as a world as As a society, what you do impacts, people instantly whether people what you just mentioned or you put out an ad that my daughter was using this morning I. Every time it came into the camera APP said that it's An said. Did you I said? Did you buy this features? No, it's an APP, but everybody's using I'm link I. Don't know how you have the Zeitgeist that you could have something that everybody's using. What an come out about eight hours ago. What Photoshop camera that you're referring to Jim. This has where everybody has always known the Bauer of Photoshop. We'd like why not bring that into the device that everybody's using to take all those pictures, which is a mobile device in so whether you're on Android, or whether you're on IOS bringing that Fowler, it's also a new form of APP that we've come up with which is do rel, particularly distinguishing features. The first is the amount of artificial intelligence. In that application that enables you to automatically take better pictures something that I know a lot of us will do and second for the community to participate with different kinds of lenses, and so expect to see some really cool lenses that have been contributed by the community that will actually enhance the value of that particular application. That's why I mean the Wiki over digital media. The we can do a are what the numbers is. What I'm talking about is the creative spirit you have is what's get your company through this might other companies just don't have? To be as creative as you are Sean Ryan. Thank you so much incoming on their buddy. Thanks for having your. Adobe is the real deal. I link telling you the shots and you ever. Since he changed his model back.

Jim I. Adobe Sean Sooner Ryan Photoshop Dobie Adobe Fresco reporter America cloud chairman and CEO US Chanu Gloria Chan Stinky Brute Dale TA
"pvh" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

02:51 min | 2 years ago

"pvh" Discussed on MAD MONEY W/ JIM CRAMER

"Bill. It's great story I'm going to hear that and I feel like the commercials under control. That's what matters to me Bill Brown chairman CEO of L. Our L., H. X.. Thank you so much for coming on money. Thank you Jim. Look the dividend intact growing. You've got cash flow, but you always have the possibility. It isn't election year although he's his companies in the spot. If is back there. It's. Mr. Talking. And then. Are. You ready scared. In light round could market for more. Jim I WANNA. Thank you for all the insights you've shared over the years type. And I got a question about Raytheon Technologies. We you know. I'm glad you mentioned. This stock had been too hot and now it's coming down. It's at sixty two anywhere below sixty two. Let's see the fifties I want you to buy. We get nice three point two five percents. Let's go to Andrew, Arizona Andrew. Players Jim all right. What's happening? I to take on the Howard Hughes Corporation. It's real. Estate Development Company in the last one right now is a real estate development company about Cowan and Florida Caroline. Thank you, so talk to you. Thank you for all you. Do I just have to give a big shout out to my friend? Gracie Amir Clare telling me all about you. Mike Catt there. My, what's up? Mike Pushing Bellido Kolding they by interesting pastiche season about mosaic of different copies including the safety basilic, what from l.? Three hours Colonel White, but I gotTa tell you. Know Cattles. Let's go to Jack in New Jersey Jack. Hey. What's going on Jim? Is. Not much give gun sales in Texas where over eighty percent last month there's talk about the funding the piece. Killer Mike just wrote an OP ed about why. African Americans should own done and Joe? Biden is in lead to be the next president and we all know that no one sells more guns. America that a Democratic president. But the to the story right now is great for Smith and Wesson WanNA. Know is better now. I'm not a political guy The stock is up lot I. don't really have a a rap morning. I just don't and that lend gems who's Da. The lightning round is sponsored by TD Ameritrade. After.

Jim Mike Catt Bill Brown TD Ameritrade Gracie Amir Clare president L. Our L. Cattles Raytheon Technologies Howard Hughes Corporation Mr. Talking chairman Estate Development Company Andrew Colonel White CEO Arizona America
"pvh" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

06:38 min | 2 years ago

"pvh" Discussed on MAD MONEY W/ JIM CRAMER

"More fraud it's the major averages had their biggest decline since March sixteenth working with the defense contractor usually so steady take l. three Harris the company that was created when L. Three technologies very much merged with another one much Harris Corporation last year to create a major player roughly a year ago, I started recommending this one because it's involved in all sorts of high tech areas integrated mission systems, intelligence, surveillance, reconnaissance space avionics, actual warfare precision engagement sensors drones. Stuff of Modern Day warfare plus I love the merger and I very much believed management's deliver on their cost-cutting targets. This stock word hires it shouldn't, but then the pandemic came. And through the whole. The whole world wouldn't disarray. We know all three houses in good shape. Important trip for quarter last month. Even tiny commercial aviation businesses struggling everything else so could shape normally I feel confident, recommending defense, contractor and election year, because historically both parties love throwing my Pentagon, but between the pandemic, and the protests were very unsettled moment politically, which is why we need to dig deeper, so let's check him bill brownies, the chairman CEO of L. Three Harris Technologies to get a better sense of US companies doing and where the industry's headed Mr Brown welcome it money. Thanks for having me Jim Okay so bill when I look at the lineup here integrated business systems, space and airborne systems, communications, business aviation systems. Aren't they really the pick of the litter of what a Defense Budgets about in the twenty twenty timeframe. Certainly think so as a bigger company L. Three Harris combat combination of. L. Three Corporation Harris. Corporation of course were bigger player broader set of missions Bronner's set of technologies know very good costs energy to starting to see revenue synergies. Coming through the team is doing a fantastic job. We have a great leadership grew dedicated employees really really focused on the mission working. Working hard through these unprecedented time, this pandemic couldn't be more proud of what they're delivering for our shareholders. Historically, we've seen Republicans and favors big programs that involve massive hardware. We've seen the Democrats pretty much involved with what you want in election year. Should our investors be worried that somehow that will change given the strange climate. We have it going into the election. Look is question. All investors are asking I don't think they should be worried. In fact, we live in a very dangerous world you. The threats are becoming higher greater not lower you. We see aggressive actions by China by Russia by Iran by North. Korea you'll. Those threats are out there and vending. They're getting worse and I think what you're seeing. The defense budget is a bit towards near peer competition away from counterinsurgency, the wars in Iraq and Afghanistan and And when you hear near here, you gotta think China and going against. China requires technology requires delivering platforms to the fight, and those platforms have to get connected. They don't fight by themselves. After connected cross space, airborne ground, Maritine, connecting those platforms means resilient networks, communications links communication through jamming ISR abilities. All the things that really are in the sweeps by of this company called. L. Three Harris now. You're competing against China I in a way. It's not just. WHO has tanks? It's not working like that which means you have to spend a lot of money in rnd? How does that hit your bottom line? You know we're a technology company. Forty percent of employees are technology scientists engineers. People talk about us being technology based company that sells into defense and national security. In fact the competition of the future, the warfighter the future is going to be based on new technology. Technology is only being developed today. Know we're right at it. We're investing almost four percent of our revenue in RND. Fund our indy. It's at the high point across all defence-espace. Your aggressively leaning into this because technology really really is gonNA drive future okay, so you've been making these divestitures which I like. Sometimes. Maybe it's better to be lucky than good got rid of airport security automation before. The end of air travel, didn't you? Well airport security very good business. We just didn't think it fit very well with the portfolio that we're creating at L. Three Harris, so we had we set early on. We said we would shape the portfolio and focus on businesses where we want to invest management, time or dollars or resources that really drives to teach a strategic value to our to our show owners, and that's the. The Path we've been on, so we started very early. We said we waited divest eight to ten percent of the revenues of the company. You're through about a third of that adds about half a billion dollars has been sold three transactions to of actually closed and others that are in works, and will happen over the course of the balance of this year and into next year. Would you ever consider getting out of the part that is commercial because it did your quarter and you know I. Look at someone who likes pure place. I don't want to be lever to that industry anymore. Is it worth being lever to? Well, we'll take a look at the whole portfolio, not really commercial defense. We're looking at all the businesses that were in and taking a clear eyed view of what businesses really drive value into the future. So you're right. We did take a hit this year. In the commercial aerospace business, it's not a very big piece of the portfolio commercial as a whole as only about five percent is split between commercial aerospace and public safety. Will those businesses would? Would down this year. Commercial Aerospace would be down on something like thirty to forty five percent this year, public safety doubt about ten percent, so we did see a step back in our top line growth about two points off the top line so growing three to five percent this year, instead of the five to seven percent me targeted, but rebel offset a lot of the earnings impact from that fru cost efficiency through cost synergies and productivity benefits. TRIMMED OUR EPS for the year by on twenty cents per share, which is less than two percent, so we're able to absorb the downturn in the revenue through better focus on cost. One this question on. On Page twelve of your investor briefing. which was done in May and things are happening so fast. This is you have a great chart which Sarel friendly capital deployment talking about dividend share repurchase is everything. On the table now because of the way the. Stock Market workout and something you put out in May fifth. No longer Let's say no longer viable. No. That's still very currying. Generating a lot of free cash flow, so.

L. Three Harris China L. Three Corporation Harris L. Three Harris Technologies Harris Corporation L. Three Commercial Aerospace fraud Pentagon Mr Brown US Bronner Sarel Jim Korea chairman
"pvh" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

03:55 min | 2 years ago

"pvh" Discussed on MAD MONEY W/ JIM CRAMER

"Total meltdown, we have to ask. How was it's so easy to shut up? So many sectors was so little capital. How are the day traders able to propel certain stocks into the stratosphere over the last couple of weeks first off when you have millions of new investors coming in courtesy of zero emission trading that money's GonNa go somewhere, and it's not going to go in index funds to boring to slow newbies. newbies refer get rich quick, and per for a while there. We had plenty get rich quick sectors second. These new investors have no tolerance for high dollar amount stocks. Unfortunately, the stock split is over because big institutions pay commission by the share so say Amazon does ten for one split that I know you want money. Managers wind up paying the brokers ten times as much because of all the extra shares Poe split. The big institutions have one on this issue. Don't even try to bring it up again. That pushed newer investors into a smaller cohort of low dollar amount stocks that can easily be pushed up when people in by by on s at once they love love love stocks under ten easy moon third. These new buyers don't seem to know how to rebound she. I saw this when I first went to work. Goldman Sachs is working with Eddie lampert back when he was still arbitrage guy bone before it took overseers, and I remember one day dealing with. This person didn't know the difference between a stock at them on. We laughed. But when you get millions of neophyte buyers who don't know the difference between the stock and bond stops being funny. Start Specimen the market. Finally new buyers crowded into the same set of names creating the impression. Stocks were in the middle of sustainable long-term rallies. They weren't notice I'm not talking about market manipulation, not that it would matter because it's been years since the SEC Case I'm just talking about people trying to pick momentum stocks when the momentum. Last then, of course, try to get out. Boy. That's what drove. This strengthened the cruise lines. Those stocks made sense if you ignore their. Balance Sheets. There are only three of them carnival. Royal Caribbean the effect. When the market crashed bring all three crew. Socks got hammered dental low dollar masks at which point they were ideally done once they got to higher dollar amounts so this week, the real seller service which point it became clear that this row based on quicksand and all three stocks collapsed. All three were down double digits today and I'm not surprised. There are literally not allowed to do business right now. No Cruzi until July at the absolute earliest, and that's questionable. They gun the airlines for similar reasons. The whole hookah smash thanks to code, but the companies were able to raise equity, and or take government money to stave off their own and. They weren't reporting earnings the biggest and clear it out, so the opposite took over in the airline stocks roared, but then the professionals realized that the travel numbers something weren't back. Even as we economy business travelers had switched zoom they case. You're switching cars or Just not enough traffic. It's crew. The airlines will need to raise more capital, and now there's talks going down as rapidly as they went up. If you planes and people don't want to fly, it's like if you have cruise. Ships and people don't want to cruise. Who wants to own a business? Without customers, many retailers felt the same single digit levels again. They seem attractive with American reopening for business, but now the upbringings arrived, and we're seeing some awful numbers. The neophytes are suddenly running. Smack into real sellers who don't like the odds, which is how macy's Kohl's indoors all down double digits today I can't blame the either the big dumb sellers dump sellers businesses bad. The retailers seat to pay the suppliers. Then you'd pay rent need to. To pay the interest on the debt, all which comes before the shareholder base finally, there were the oils again. Many of these stocks have fallen to the single digits because Russian Saudi. Arabia kind of an idiot. Price worthy briefly caused West Texas crude to trade down to negative thirty seven dollars the long climb back. Low forties created some incredible short-term opportunities especially. If you didn't know how to read a ballengee didn't and that's why Oxyde, dental..

Eddie lampert Goldman Sachs market manipulation Poe Amazon Oxyde macy West Texas Arabia Royal Caribbean
"pvh" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

06:21 min | 2 years ago

"pvh" Discussed on MAD MONEY W/ JIM CRAMER

"Everything was working every sector. The airlines oils healthcare's the cruise lines the transports the banks retail tech until a few days ago, picking winners well, you know what it was like. It wasn't like shooting fish in a barrel. Machine any? And, when it gets that easy win. Everyone thinks they're smarter than. Moma. Warren Buffett Leo. Think they're smarter than buffet. Then you know you're in for a real BROZA. Genuine roll-back back that wipes out anyone who is buying on margin and sets back. The neophytes only knew that when you buy a stock. It goes up. That logics now been debunked. This nature of the losses is kind of the clam. We have seen since the dark days of late. Has Already worked out a good chunk of the Jesus who crowded into the airlines bedding that they knew than buffet after he dumped the whole group. So what happens now? If. There's all this money being managed by novices who only understand how to chase momentum. Is it really safe to buy before those we can get completely blown out. Don't you also have to wait until the grizzled? Who hated the market, the hallway and missed the whole rally. Come on our air and say I told you so. Yes or no. Yes professionals are going to come on and argue that regular people aren't smart enough to manage your money. It will sound very scary as well as painfully condescending, though pronounced. This is the beginning of the decline. Of course. They have to do that because they had very little money in the market, they need stocks to go lower. They need to justify why they've been so onto their own investors, so take their grim warnings with a grain of salt. Please now don't be wrong. There are plenty of reasons cell. I can think of many stocks that are still way too high, even after today's beat them, there are whole sectors that should be untouchable to you yet. They've had incredible runs from the bottom. Most of these gains need to be repealed. That hasn't happened yet. Beyond the not so hot fundamentals by big word with these taxes, the shareholder base you got a ton of inexperienced investors coming off a big win streak. They don't want to hear the truth. Just like nobody wanted to hear the truth and two thousand dot, com started rolling over, so let me lay out what saved by here, and what isn't starting with the ones that art starting with the groups that genuinely worry me. Let's. Let's. Now, this cohort has had a broncos from the bottom line with the price of crude, just search from the negative thirty seven I know that was an aberration all the way to forty dollars for already this week now. That the industry recovered from the MORONIC price war between Russia and Saudi Arabia, but here's the issue. As long as oil was going down, our producers cut back when they're drilling. They simply couldn't make any money with those oil prices, but with oil back in the thirties holy cow oil companies from clover, and they're starting to reintroduction right back up because they need money to pay. Pay The bills. Sure there's some pickup in demand as the economy around the world reopens, but I. Don't think it's enough. We've got too much supply. Just sitting here once we open the previous biggest prices will get crushed, so you cannot own the oil I'm going to beat that. You cannot only oil I didn't like to begin with because Wall Street started caring about climate change. But even when you put that aside most of the also tattered balance sheets, and they desperately need the price of crude to keep climbing I've sold the all service place to don't be perturbed that you didn't catch the top. You need to bail move complex before your fellow shareholders do. Oil It's every person for themselves. That's not viewing any travel and leisure stocks, anything related travel major anything from you from here to here. Okay so. We. Don't have a coke seat. We don't have customers. What's the point of owning the airlines cruise lines, the hotels or restaurants when people are hobbled by the pandemic and they don't WanNa go out. They don't WANNA fly. no-one no-one crowds. Okay. I mean that's the Bane of everything's existence here. There are handful retailers that work cova winters Amazon this COSCO, sixteen feet wide aisles and mass. Call me a Costco Shopper. Walmart Home Depot Target TJ, accent, dollar, general, but everything else other than the Super Uber bargain-basement stores. Set. Up with the backs, let's see what are they well? Then he customers who borrow okay well house. He's okay, but that one's really building anything right. They're getting. Away with tons of fees can't Stop Dad, and they've cut that risk free profit that comes from holding your deposits quaint, but then the days under-blown flown demand, and the backs of all suspended the in the. Fed is set rate so. Much on the deposits at all Wells Fargo Wells Fargo Warren Buffett's wells Fargo it baby trimming its dividend. Just. Say No to the banks. So what's what by because? There are week? Hated shareholders everywhere. You gotta be careful right now. You might want to wait for a couple of days me further shakeout, because many of these gamblers. That's that's the right word for them. Have a real bad mindset. Now. I know because I remember what it was like to be a novice investor. And right now there are millions of inexperienced shareholders who going to be making the same base stakes that I did when I got into this business. Many people are so new. They'd never even lost large sums of money in the market, which means they won't dump everything after one bad day. These guys are like we gotta go to the Casino there like gamblers editor, elect Table See. They've been playing black. On every single time. Maybe over the course of many days now if you don't know statistics, you think it will just keep coming up black because what happens when you spin the wheel. House a blog today, though came up bread. Now they're going to dismiss that as an aberration, assuming things go right back to normal tomorrow, but it doesn't work like that black by not come up tomorrow and Heaven Forbid if double zero does. That's why you need to tread carefully when you buy them all. Because when these novices start capitulating, we could get another like damn. However, you should start putting money to work tomorrow. Yes, you have to. It's going to be horrible. It's going to hurt. It's Friday. You're gonNA think Mondays even worse, but when these guys are blowing up when the guys who keep playing black and comes up. You gotta buy something for now. Where's the best place to go? Go with? Companies will be able to hit the numbers regardless of how badly. Hit by all these new covid hotspots depth with the second way of Kobe breaking out. It's time to go back to that Kramer Cova Index. You want stocks with good yields and strong prospects. They're well off their highs. I'll give you one a random PepsiCo, okay? Oh, boy! Pepsico will.

Warren Buffett buffet PepsiCo Kramer Cova Index Wells Fargo broncos Costco Walmart Fed Kobe editor Russia COSCO Amazon Saudi Arabia
"pvh" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

09:49 min | 2 years ago

"pvh" Discussed on Bloomberg Radio New York

"Declining stocks bed bath and beyond shares after earnings plunged twenty point six percent PVH Corp rallied four point three percent again we're awaiting latest numbers out of Cisco over lower today little changed on two cents but left after earnings dropped by ten point one percent again recapping a move higher records for the Dow the S. and P. and nasdaq S. and P. five hundred index up twenty one points a gain there of six tenths of one percent the Dow up nine tenths nasdaq also higher by nine tenths of one percent I'm Charlie pallet backed is a Bloomberg business slash a lot nobody yeah business week movers and shakers Carol Messer and all Bloomberg radio this is the movers and shakers of chasing Kelly here in New York City Taylor eggs joining me for just a little bit longer out in San Francisco before she goes to do her big television at thing keeping us up to date on tack and the Asian markets as we continue to pay very close attention to what's going on there speaking of which Taylor actually let me do the S. and P. and sort of go level down because virus related name I want to talk about in a second we look across the S. and P. three hundred sixty five names up hundred thirty six down for a change to a very positive tone as we heard it Charlie describe and let me just see if the yeah consumer staples ended up down those the only group in the red and it was down please zero five percent so hard to say that that was a bad day in the S. and P. no one name that I was looking at and maybe this is reflective of where we're headed at least the moment with this corona virus carnival cruise line C. C. L. you know warning it could have a material impact and yet let's take a look at the stock it was up yeah two point six percent now it was down last week last Friday it was one of the stocks it was hit pretty hard down three point six percent last Friday but for the last two days of two point eight percent up two point six percent so you know I think there's some holdings rolling on yeah and I think there's some hope today's Houston that maybe they're going over into Cambodia to finally find some rest and refuge over there and so it's been interesting certainly we have a map on the on the Bloomberg terminal Jason's while they can sort of track it and see all the different ports that it's been trying to get to it's really really fun also you that layer of when you get a chance to come inside my terminal all right let's talk about submit chip makers I know young at that this is crazy so it my crown in India I mean the guests rowly that keep on giving I'm taking a look at shares of micron they're the highest going back since twenty eighteen this is after the socks which is the semiconductor index also posting what a one and a half percent gain today really been the star performer these have the most exposure in terms of revenue to China I believe my crown is fifty percent of the revenue were so comes from China and yet analysts remain so bullish on this company really comes down to the supply and demand dynamics within the D. ram and the nand market so from micron today they were upgraded to a buy from a neutral at UBS they're saying that this company can materially outperform over a sustained period of time this is the fifth upgrade at least the fact that we can track that they've received so far this year and so they're really looking at the cyclical in the structural aspects going on within this chip industry they think that there is a bottoming out some of those check prices more demand especially as you think about mobile phones data centers accept or a really giving a boost to the to this market and you know I'm a little surprised because you see that sustain long term pressure inside the D. ram in the nand prices micron though I continuing to gets a bullish thesis from the street I I know I it's really in C. N. A. M. D. young you know price target raised at RBC more market share gains you know fighting with Intel kind of amazing right I think it is and you know we have great B. I. analysts to really cover this but I think it does come down to some of the you know you think the data center at the P. C. the mobile market frankly though analysts have been calling for a demand to turn around for a long time now so I think we're really eager to see one that can really start to play out I think a lot of analysts are banking on the second half of twenty twenty so we'll have to see if that plays out decent I wanted to mention a sock that's also heading lower today very smart Charlie Pellett had also mentioned it briefly that shares a bed bath and beyond cratering today just a lot of concerns about their turnaround plan you had a lot of analysts on the street loop capital came out and said that the company might now be too far gone at this point we're turnaround is just too little too late one interrupt you real quick today just to talk about Cisco little bit those numbers out the red head seeing third quarter revenue one and a half percent to three and a half percent down the estimate had been for as much as two point five percent down so this year's bouncing around a little bit down just a touch I know you're gonna be dealing a lot with that we're gonna be dealing with it here on this program as well with an on screen of us and so third quarter adjusted gross margin sixty four and a half to sixty five and a half the estimate had been for sixty four point nine so more to come in there as we break that down let me just do a quick check of the Vicks until the down significantly eight point eight percent closing at thirteen point eight five this is Bloomberg all right here my name is Dave yes you're doing Dave Wilson here with your stock of the day which got a three verticals chase it it's a supplier of electronic payment software for hotels retailers property managers nonprofits governments in schools I pre verticals was founded in twenty twelve went public in June twenty eighteen the ticker is I I II V. the company made its initial public offering at thirteen dollars a share the stock climbed forty one percent on the first day of trading kept going from there he came close to tripling this week as the price set a record now it was covering I agree verticals wrongs unanimous with by ratings according to data compiled by Bloomberg that change late Monday has the socks record setting advance led B. T. I. G. to move to neutral from buy another firm DA Davidson followed suit today I threw verticals was again cut to news from by though the for races problems share price estimate by two dollars to thirty six dollars now there had never been to whole ratings on hi three verticals at the same time since the I PO until today and the share suffered their biggest loss since August in response relay this call they fell ten point seven percent all right Dave Wilson a good name for sure so continued to look at Cisco results as I said we're gonna dig into this a bit later stock continues to bounce around no huge swings it's up it's down a little bit in the meantime let's get world the national headlines at Baxter and discover what's going on hi Jason thank you the World Health Organization is saying it is way too early to predict the beginning of the end of the danger from the Colbert nineteen virus but the number of new cases they say appears to have been the events stabilizing but now Bloomberg Sophie come a rude and Hong Kong says there's growing consternation the Chinese officials have withheld information at commentary in the lancet medical journal which is co authored by some experts on the W. term regency Canadian noting that preliminary gene gene sequence data was available for the public release Bernie Sanders still a long way to go his tightened his grip low on the help of the Democratic Party nominating process but lovers balance of power anchor David Westin says the party is going to have to decide whether he can be the man and what support will be lost if he's not in a hurry centers as a candidate or version is not the candidate and by that what I mean is that brewing examples example they may just stay home it's not clear that rally around another candidate for the Democratic Party meanwhile people to church in any club which are both had strong showings in New Hampshire large disappointment and concern within the worn and Biden campaigns the house will vote tomorrow on a resolution to remove the deadline for ratification of the equal rights movement congresswoman Jackie spear says the message is super simple our message here today is quite simple we want in we want in the constitution of the United States of America court justice Ruth Bader Ginsburg long time supporter of the R. E. R. A. suggested the deadline may have expired and it could be time to start a new in Turkey's president to one says is military will strike Syrian forces by air and ground anywhere if Syrian militants are struck in San Francisco I'm at Baxter thank.

PVH Corp Cisco
"pvh" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:16 min | 2 years ago

"pvh" Discussed on Bloomberg Radio New York

"First let's get a market check with Charlie and I think very much David Westin this headline from the Bloomberg professional service mobile World Congress canceled by G. S. M. A. because of the coronavirus again the mobile out World Congress is been canceled by G. S. M. A. it is an up day on Wall Street today with the Dow the S. and P. and nasdaq they are all advancing in fact we are looking at records today with virus concerns easing optimism scroll is growing that the global economy can recover from the impact of the coronavirus amid signs the spread of the illness is slowing crude oils Rowling West Texas intermediate crude up two point four percent now at fifty one fifteen a barrel the Dow off one hundred ninety five points up seven tenths of one percent nasdaq is up seventy that's a gain of seven tenths of one percent the S. and P. five hundred index are now by fifteen up by just about five tenths of one percent well some of the stories we're following for the federal reserve chair J. R. Jerome Powell has wrapped up a second day of congressional testimony on the US economy and with that story here's Bloomberg's Vinny del Jude eyes says the fed is keeping a close eye on for life from China's corona virus he singled out among risks facing the US economy this testimony to a house committee at the same time the fed chair provided a mostly positive picture the American economy but also warned lawmakers that the economy would need the support of stepped up government spending in the event of a down turned out you guys bluebird radio TV age Corp that's the owner of the Tommy Hilfiger and Calvin Klein brands jumping the most in three months after maintaining its earnings outlook even as the virus outbreak in China letter to close most of its stores there PVH shares are up now by four point six percent bed bath and beyond plunging after last night's earnings report shares are now lower by eighteen point six percent gold higher little changed up thirty one cents cents an hour fifteen sixty eight the ten year down six thirty seconds with the yield of one point six two percent recapping stocks trading of records as MP up sixteen of five tenths of one percent I'm Charlie public that's a Bloomberg business flash balance of power continues to once again here's your host David Westin thanks so much Charlie Pellett.

Vinny del Jude eyes PVH US Texas Charlie Pellett Calvin Klein Tommy Hilfiger China fed David Westin Bloomberg J. R. Jerome Powell G. S. M. A. World Congress
Carnival shares rise even as cruise company warns of ‘material’ COVID-19 impact

Bloomberg Markets

02:44 min | 2 years ago

Carnival shares rise even as cruise company warns of ‘material’ COVID-19 impact

"Reporting cannot keep a good market down at the nasdaq up a half a percentage point to doubt nine tenths of one percent and nasdaq up a half a percent to see where the action is underneath the hood return to bluemix accented or Dave Wilson they will look at this morning well what's interesting about today is you you get companies talking about the effect of the corona virus on their business and their shares go walk and he'll look at carnival look at the cruise lines more generally carnival saying that canceled voyages in Los bookings because the corona virus will have a material impact on results no material that sort of standard accounting terms when you got to talk about what's going on and yet the shares are higher by close to three percent wrote Caribbeans up Norwegian cruise line is up another one is PVH I mean that's Calvin Klein Tommy Hilfiger or and you know they had to close some stores in China no surprise a lot of companies have they also get some of their apparel from China so you know when you put it all together they're real farming their earnings forecasts for one's really now it's an estimate for their latest fiscal year and you know they haven't really kind of express a lot of concern about what's ahead so you see PVH shares among the top performers the S. and P. five hundred or a five point seven percent so really looks like one of those days where corona virus at the very least we seize into the background as an issue for companies when it comes to work doing business or perhaps people are just getting a firmer sense of just how vast the liability will be I mean perhaps this is just an issue of perhaps stocks would be even higher and much higher at that if it weren't for the corona virus worry are we getting any sense of of how much of a dampening effect it's had even as we reach new highs well at this point it's kind of hard to see how much of an affect there might even be in the he'll look at how we're doing this year you know you see the S. and P. five hundred up close to four and a half percent the nasdaq higher by almost eight percent today I'd say I just you you can set price alerts on your Bloomberg terminal is set up to with them that are going to be Sir interesting milestones thirty thousand for the Dow industrials it's a twenty nine five hundred almost at this point and ten thousand for the nasdaq composite which it is just below ninety seven hundred right now it just goes to show you you know as this advance keeps calling it almost eleven years into a ball market and me here you're definitely up against some

Dave Wilson Caribbeans Calvin Klein Tommy Hilfiger China Bluemix LOS PVH Bloomberg