Morning Movers: Caterpillar, Apple, Boeing

REPLAY VIDEO
Your next video will start in
Pause

Recommended Videos

  • Info

  • Comments

  • VIDEO TEXT

July 24 (Bloomberg) -- Bloomberg's Scarlet Fu, Sara Eisen and Tom Keene highlight the news you need to follow for today's trading. They speak on Bloomberg Television's "Bloomberg Surveillance."

Caterpillar, the shares are down in the premarket.

We talk about how this company beat analysts' estimates.

Caterpillar missed its earnings estimate.

China certainly one big week.

It also cut its earnings forecast and says that it is not going to provide an outlook for 2014. there a little but of a lack of visibility here for the world's biggest mining equipment maker.

We know that slowing commodity demand is in the backdrop here for big companies, big industry comedies like caterpillar.

We saw that china is thing be weakness, and apple as well because apple managed to beat analysts' predictions.

The hope is that apple is going to refreshes product line.

Shares are up as much as a 4.5%, but expectations were coming down going into the apple released.

The challenge is getting these new products and the excitement that they have with some of the old products and stuff like iwatch, apple tv, and the apple 5s. people are on one side of this debate or the other.

Jane robertson on bloomberg "surveillance" yesterday saying he read steve jobs biography and was convinced there was no long- term plan in place for this comedy.

He likes the global leadership much better.

He sees apple flailing a little bit.

Not wailing this morning is boeing.

One dollar 67 -- $1.67 this morning.

Backlog of orders, $402 million -- 400 and million dollars.

-- $410 million.

Another one to keep an eye on has to be mcdonald's because bloomberg is giving you an inside look at mcdonald's all day too late.

This text has been automatically generated. It may not be 100% accurate.

Advertisement

BTV Channel Finder

Channel_finder_loader

ZIP is required for U.S. locations

Bloomberg Television in   change