Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editor
Bloomberg Markets: New Day for GE, Evolution of Hospitality
Bloomberg Markets
New Day for GE, Evolution of Hospitality
Bloomberg Markets with Carol Massar and Cory Johnson.\u0010\u0010GUESTS:\u0010Karen Ubelhart\u0010Senior Analyst:Machinery\u0010Bloomberg Intelligence\u0010Discussing General Electric's poor earnings and cash flow performance and declining market cap bring a need to lower complexity, yet CEO John Flannery's strategic plan falls short with $20 billion asset sales and $1 billion in added cost cuts. \u0010\u0010TJ Person\u0010Chief Executive Officer\u0010OpenKey\u0010Discussing the evolution of hospitality with keyless entry, remote check-in, hotel-specific apps.\u0010\u0010Anand Srinivasan\u0010Senior Analyst:Semiconductors & Tech Hardware\u0010Bloomberg Intelligence\u0010Discussing rejecting Broadcom’s $105 billion acquisition offer, kicking off what would be the largest technology takeover battle in history. Ian King, Bloomberg News U.S. Semiconductor & Networking Reporter, also participates in the discussion. \u0010\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his Chart of the Day "FANG-related index seen as not-so-new new thing." Email Dave at DWilson@bloomberg.net to sign up for the Chart.\u0010\u0010David Wilson\u0010Stocks Editor\u0010Bloomberg News\u0010Discussing his "Stock of the Day" KBR (KBR), as part of Bloomberg Markets "Movers and Shakers on Wall Street" segment. KBR Inc.'s shares are retreating from a three-year high after a disappointing outlook from a U.K. defense contractor, Ultra Electronics. KBR also provides serves to the military and the U.K. accounts for about a quarter of its revenue. Ultra said revenue will decline this year because of project delays and cancellations by Prime Minister Theresa May's government.
Nov 13, 2017