Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Yardeni Research’s Ed Yardeni, Robinhood’s Vlad Tenev, NOVO Nordisk CEO, Mizuho Securities’ Jared Holz, Schroders’ Dan Suzuki, Strategy’s Phong LeMizuho Securities’ Nick Setyan, Nike’s Elliott Hill, and Destiny’s Sohail Prasad...
Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Yardeni Research’s Ed Yardeni, Robinhood’s Vlad Tenev, NOVO Nordisk CEO, Mizuho Securities’ Jared Holz, Schroders’ Dan Suzuki, Strategy’s Phong LeMizuho Securities’ Nick Setyan, Nike’s Elliott Hill, and Destiny’s Sohail Prasad. (Source: Bloomberg)
McDonald’s US sales grew at the fastest pace in more than two years in the fourth quarter as value meals continued to resonate with cost-conscious diners. Sales from established US restaurants jumped 6.8% in the period from a year ago when foot traffic was dented by an E. coli outbreak, ahead of expectations and the highest since 2023. Earnings, excluding one-time items, also outpaced the average ...
McDonald’s US sales grew at the fastest pace in more than two years in the fourth quarter as value meals continued to resonate with cost-conscious diners. Sales from established US restaurants jumped 6.8% in the period from a year ago when foot traffic was dented by an E. coli outbreak, ahead of expectations and the highest since 2023. Earnings, excluding one-time items, also outpaced the average of estimates compiled by Bloomberg, as did comparable sales at the company’s two international divisions. The shares declined less than 1% at 4:48 p.m. in extended trading in New York, erasing an earlier gain. The stock has advanced nearly 6% this year through Wednesday’s close, outpacing the gain of the S&P 500 Index over the same period. Abby Roach, Senior Portfolio Analyst for the Empiric LT Equity Team with Allspring Global Investments, joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)
Cisco gave a weaker-than-expected forecast for profitability in the current quarter, spurring concerns that mounting memory-chip prices are taking a toll on the company. Adjusted gross margin, which measures the percentage of sales left over after deducting production costs, will be 65.5% to 66.5% in the period that runs through April, the company said in a statement Wednesday. Analysts had estima...
Cisco gave a weaker-than-expected forecast for profitability in the current quarter, spurring concerns that mounting memory-chip prices are taking a toll on the company. Adjusted gross margin, which measures the percentage of sales left over after deducting production costs, will be 65.5% to 66.5% in the period that runs through April, the company said in a statement Wednesday. Analysts had estimated 68.2% on average. The outlook overshadowed an upbeat sales forecast — fueled by growing artificial intelligence revenue — sending the shares tumbling in late trading. Bloomberg Intelligence Senior Hardware and Networking Analyst Woo Jin Ho joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)
CALGARY, Alberta, Feb. 11, 2026 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this release. This r...
CALGARY, Alberta, Feb. 11, 2026 (GLOBE NEWSWIRE) -- This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the “Cautionary Statement Regarding Forward-Looking Information and Statements” later in this release. This release contains references to certain Financial Measures and Ratios, including Adjusted EBITDA (earnings (loss) before income taxes, loss (gain) on investments and other assets, finance charges, foreign exchange, loss on asset decommissioning, loss (gain) on asset disposals, and depreciation and amortization), Funds Provided by (Used in) Operations, Net Capital Spending, Working Capital and Total Long-term Financial Liabilities. These terms do not have standardized meanings prescribed under International Financial Reporting Standards ( IFRS ) Accounting Standards and may not be comparable to similar measures used by other companies. See “Financial Measures and Ratios” later in this release.
James Van Der Beek, the star of 1990s teen drama Dawson’s Creek, died on Wednesday at the age of 48 after a battle with cancer, his wife announced on social media. “Our beloved James David Van Der Beek passed peacefully this morning. He met his final days with courage, faith, and grace,” his wife, Kimberly, said. Fans and fellow actors shared tributes on social media, recalling the influence h...
James Van Der Beek, the star of 1990s teen drama Dawson’s Creek, died on Wednesday at the age of 48 after a battle with cancer, his wife announced on social media. “Our beloved James David Van Der Beek passed peacefully this morning. He met his final days with courage, faith, and grace,” his wife, Kimberly, said. Fans and fellow actors shared tributes on social media, recalling the influence he had on their lives and careers. Advertisement “While James’ legacy will always live on, this is a huge loss to not just your family but the world,” Sarah Michelle Gellar wrote on social media. A GoFundMe was launched to raise US$500,000 to help support Van Der Beek’s widow and six children. It raised more than US$200,000 less than an hour after being launched. James Van Der Beek in “Dawson’s Creek” in 1998. Photo: TNS In 2024, Van Der Beek announced a colorectal cancer diagnosis after it was discovered during a routine colonoscopy the year before.
On Tuesday night, the Federal Aviation Administration closed airspace up to 18,000 feet above the El Paso International Airport in Texas, saying the restrictions would be in place for 10 days. Then, less than 10 hours later, the federal agency reopened the airspace, allowing planes to land and take off at the busy airport. About an hour after lifting the restrictions, US Secretary of Transportatio...
On Tuesday night, the Federal Aviation Administration closed airspace up to 18,000 feet above the El Paso International Airport in Texas, saying the restrictions would be in place for 10 days. Then, less than 10 hours later, the federal agency reopened the airspace, allowing planes to land and take off at the busy airport. About an hour after lifting the restrictions, US Secretary of Transportation Sean Duffy, whose responsibilities include overseeing the FAA, explained the unexpected closure by saying, "The FAA and DOW acted swiftly to address a cartel drone incursion." (The Trump Administration refers to the Department of Defense as the Department of War, or DOW, although its legal name remains the former.) Not everyone agrees with Duffy's account. Read full article Comments
Lemon_tm/iStock via Getty Images Market Review With 2026 underway, a few factors are readily apparent across the global fixed income markets: the slow-going bull market remains in the sweet spot; attractive yield levels should continue to accrue into solid returns over the intermediate to longer term; and the unusual geopolitical backdrop and asynchronous central bank cycles should continue to cre...
Lemon_tm/iStock via Getty Images Market Review With 2026 underway, a few factors are readily apparent across the global fixed income markets: the slow-going bull market remains in the sweet spot; attractive yield levels should continue to accrue into solid returns over the intermediate to longer term; and the unusual geopolitical backdrop and asynchronous central bank cycles should continue to create opportunities to add value through active management. Although events like Q1's tariff unveiling and accompanying market swoon created bumps along the way, the ongoing economic expansion with moderate growth and inflation has kept yields generally high and range bound—an environment where the highest-yielding sectors continued to post the highest returns. Although excess returns from spread products were once again positive in 2025—as they have been throughout the three years of the bull market—they were more muted. Spreads are narrower, and the bulk of the capital gains potential from narrowing spreads is well behind us at this point of the cycle. Thanks to the positive yield curve and a slight drop in yields, Treasuries finally outperformed cash and joined the bull market last year. Two prevailing themes from late 2025—renewed divergence across global monetary policy rates and the repricing of term premia—will likely remain at play within developed market rate complexes with 2026 underway. So, while we expect a smaller return contribution from spread product going forward, long-term fixed income should pick up a tailwind from the yield advantage and roll down benefits provided by the newly positive yield curves. In the U.S., the Fed's 25 bp rate cut in December carried a dovish tone, leading to a bull steepening along the curve with only slight movement in the 10-year yield. The narrow move on the 10-year underscored its prevailing low-volatility, range-bound conditions throughout 2025. The low-volatility conditions in the U.S. were further amplified by the selloff ac...
Trump Pushes To End Senate 'Blue Slips' As GOP Confirms Judges At Record Pace In just the past week, the Senate confirmed half a dozen of Trump’s judicial nominees, continuing a streak that’s left Democrats visibly frustrated. Since the start of Trump’s second term, 33 judges have sailed through confirmation — already eclipsing his entire first-term total. By comparison, during Trump’s first year ...
Trump Pushes To End Senate 'Blue Slips' As GOP Confirms Judges At Record Pace In just the past week, the Senate confirmed half a dozen of Trump’s judicial nominees, continuing a streak that’s left Democrats visibly frustrated. Since the start of Trump’s second term, 33 judges have sailed through confirmation — already eclipsing his entire first-term total. By comparison, during Trump’s first year in office, the Senate confirmed 19 Article III judges, including Supreme Court Justice Neil Gorsuch. While Senate Republicans are moving fast and confirming judges at a blistering pace, there are mounting calls to scrap one of the Senate’s oldest customs — the “blue slip.” The century-old practice has long allowed home-state senators to weigh in on judicial nominations before they advance, but Democrats have been abusing it, turning it into a de facto veto on nominees they don’t like. Trump has wanted the tradition gone because of the way Democrats have abused it. Last year, he reportedly told Senate Republicans to “get rid of blue slips, because, as a Republican President, I am unable to put anybody in office having to do with U.S. attorneys or having to do with judges." Some Republicans sympathize with Trump’s view, seeing the blue slip as an outdated relic that slows confirmations. But others see danger in dismantling another institutional guardrail. “Nuking the blue slip would be a huge mistake,” Sen. Thom Tillis (R-N.C.) told Fox News Digital, joining several colleagues warning that a short-term rules victory could backfire the next time Democrats control the Senate. For them, the issue isn’t about speed — it’s about reciprocity. They argue the GOP will one day need the same courtesy they’re now being pressured to destroy. While that is certainly true, like the filibuster, it is likely to be nuked by Democrats the next time they’re in power if they feel this guardrail hampers their ability to get what they want. In fact, that’s exactly why the blue slip started to get ...