Deere Earnings ‘Could Have Been Worse’, Moynihan Does Not Fear Recession, GE’s Seesaw Stock
Ann Duignan, U.S. Machinery Analyst at JPMorgan, breaks down quarterly earnings from Deere, after the equipment company pledged to lower its costs and offered an outlook cut that was less than some investors feared . Bank of America Chief Executive Officer Brian Moynihan discusses the U.S. economy and possible recession risk. Bloomberg News Reporter Brendan Case explains how General Electric shares bounced back on Friday after a brutal rout Thursday as Wall Street analysts defended the industrial conglomerate against allegations from a prominent financial examiner. Jerry Raio, Head of Capital Markets at ClickIPO, shares his outlook for companies going public for the remainder of 2019. And We Drive to the Close with Janet Johnston, Portfolio Manager at TrimTabs Asset Management. Hosts: Jason Kelly and Taylor Riggs. Producer: Paul Brennan