About NBR“Nightly Business Report produced by CNBC” (NBR) is an award-winning and highly-respected nightly business news program that airs on public television. Television’s longest-running evening business news broadcast, “NBR” features in-depth coverage and analysis of the biggest financial news stories of the day and access to some of the world’s top business leaders and policy makers.
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We’re seeing the industrial sector having both weak earnings and demand but why is it rallying now? Seema Mody explains for us.
Joining us on the show is Brad McMillan, CIO at the Commonwealth Financial Network, to talk about the recent turnaround events in the industrial sector.
With the U.S. ongoing trade war with China, the chip sector has been greatly impacted. What’s the forecast looking for this industry? Joining us on the show to talk more about this is Michael Bapis, who’s a Managing Director with Vios Advisors at Rockefeller Capital Management.
Seema Mody reports on how 3M hit a soft patch in its latest earnings report where the industrial company cut its earnings outlook due to weakness in China.
Seema Mody breaks down the earnings miss for Caterpillar, a company seen as a barometer for global growth but faces major uncertainty ahead.
Major industrial companies will be reporting earnings this week which is seen as the barometer of the U.S. economy. Seema Mody has more us.
Shares of Caterpillar dropped after the company posted disappointing second-quarter results as higher material costs including tariffs and lower demand in China made a dent in its profit.
One of Wall Street’s concerns is the slowing global economy, specifically in industrial companies. Bob Pisani reports from the New York Stock Exchange.
General Electric shares surged Tuesday after the troubled conglomerate reported first-quarter earnings that topped expectations and reaffirmed its 2019 forecast. It also burned less cash than feared.
GE’s turnaround strategy is becoming clear. The company announced plans on Tuesday to spin off its health-care unit and separate its stake in oil services company Baker Hughes over the next two to three years. GE will focus its operations on the aviation, power and renewable energy businesses. “Today marks an important milestone in GE’s …
Analysts express disappointment and concern over General Electric’s turnaround plan.
GE’s move to shore up its finances put it in the Wall Street history books.
General Electric reported third-quarter earnings that were barely half of what Wall Street expected.
General Electric is remaking itself and its not wasting any time.
Billions of dollars are being spent on making industrial machines more efficient and the potential for change is huge.