Thursday, May 11, 2017

5-11-17 current event

"U.S. equities traded lower on Thursday as investors digested quarterly results from Macy's and Snap. The S&P 500 and the Nasdaq composite also pulled back from record territory.
The Dow industrial average fell 100 points, with Home Depot contributing the most losses. The S&P 500 declined 0.6 percent with consumer discretionary falling more than 1 percent to lead decliners.

The SPDR S&P Retail ETF (XRT) lost 2.7 percent as Macy's shares tanked.
The retailer posted adjusted earnings of 24 cents per share and revenue of $5.34 billion. Analysts polled by Reuters expected the firm to report earnings per share of 35 cents on sales of $5.47 billion."

I lot of points are being lost by big companies, I wonder if money is still being made.


Thursday, May 4, 2017

current event 5/4/17

Vacation for hundreds of thousands of passengers have been cancelled because of the severe disaster. Delta Airlines cancelled more than 4,000 flights. If you called in to check. you'll be awaited with a "telephone is busy" and a dial tone. Communication was disrupted, dialing and circuits overloaded. Then flights would end up canceled for lack of a crew members lost in Delta’s communications deficiency, unaware of the assignment. It took over a week to fix these problems. In Atlanta, flights were canceled after midnight, after underground airport trains had shut down. Vacationers were forced to walk miles thorough lobby ways filled tired vacationers.

It had to of been a sad time for the citizens of Atlanta. Their vacation was ruined by the weather, and they had to walk in it afterwards. It's funny but not funny. I hope they got their money back, and I hope they're safe.