Huawei? Meet the U.S. Justice Dept.
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 29 January 2019
⏱️ 18 minutes
🧾️ Download transcript
Summary
Verizon closes out the fiscal year with a whimper, not a bang. PG&E’s stock rise after the California utility files for Chapter 11 bankruptcy protection. Bill Mann analyzes those stories, and shares why the U.S. Department of Justice is not messing around with its indictment of Huawei and the company’s CFO. Plus we dip into the Fool Mailbag to discuss the deadly disaster in Brazil that involves Vale, the world’s largest iron-ore miner.
Transcript
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| 0:00.0 | It's Tuesday, January 29th. |
| 0:03.8 | Welcome to Market Fullry. |
| 0:05.0 | I'm Chris Hill. |
| 0:06.0 | As the winter weather front bears down on the Greater Metropolitan Washington, D.C. area, |
| 0:11.0 | neither snow nor rain nor gloom of night shall keep Bill Mann from his |
| 0:14.9 | appointed rounds on this podcast thanks for being here oh man I wouldn't want to be |
| 0:18.5 | any place else you know the heat's out at my house so I'd be super happy to be here happy to be here. |
| 0:23.0 | Happy to be here and also a shout out to the dozens of listeners in the Midwest because there's |
| 0:28.2 | cold and then there's dangerous cold and that just be safe people be smart and be safe. I saw something the other day |
| 0:35.8 | where they said it was unseasonably cold in Minneapolis Minnesota and it is |
| 0:41.0 | winter. |
| 0:45.0 | is Minnesota we're talking about. I mean, we laugh. It's going to be cold here too, but please be safe. |
| 0:50.0 | It is dangerous. |
| 0:52.0 | Dangerous cold out there. |
| 0:54.0 | We've got earnings to get to. |
| 0:55.0 | We're going to dip into the full mail bag. |
| 0:57.0 | Let's start with Verizon, which closed out the fiscal year with a fourth quarter report. Profits a little bit higher than expected. |
| 1:05.3 | I think I have this right. |
| 1:06.3 | Their overall revenue was barely above where it was a year ago. |
| 1:09.7 | Chris, you're not going to believe this, but it turns out that the oath properties which is |
| 1:15.1 | AOL and Yahoo are not worth what Verizon paid for them. I'm shocked. I've been |
| 1:20.8 | told that they paid more than nothing for them and they so they have a |
... |
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