Levi’s 1st earnings report, Under Armour drops 4%, and Bank of America’s big pay raise

The Best One Yet

Nick & Jack Studios

Business News, Tech, News, Finance, Business, Pop Culture

4.6 • 9.8K Ratings

🗓️ 10 April 2019

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

In its first earnings report since its March IPO, Levi’s shares jumped. Under Armour dropped 5% because a single survey showed it’s lost consumer love big-time. And Bank of America just jacked up its minimum wage to $20 an hour — And that says a lot about the current economy.Learn more about your ad choices. Visit podcastchoices.com/adchoices

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Transcript

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0:00.0	This is Nick, this is Jack, and this is Snacks daily.
0:04.8	It's Wednesday, April 10th, correct.
0:06.9	It is.
0:07.9	This is our, I mean, I love this one.
0:09.4	This is the best one yet, even though markets fell yesterday.
0:12.3	Oh my God.
0:13.3	The winning streak for the S&P 500 stopped at 8.
0:15.7	We were going for the hat trick of hat tricks of 9.
0:18.3	Yeah.
0:19.3	Investors are blaming it on a threat by President Trump to add a bunch more tariffs to
0:23.8	Europe.
0:24.8	I think like 11 billion more.
0:26.0	That's a bunch.
0:27.0	A lot of billions.
0:28.0	The fantastic stories we jumped into Snacks I'll get you today.
0:31.7	The first one is Levi Strauss, based in San Francisco, California.
0:35.8	Has its first earnings report since its IPO last month.
0:38.6	We're going to try this one on.
0:40.1	See how it feels and get you the reports in.
0:42.8	Nick's not going to try it on.
0:44.1	No, I hate jeans, but I'll try this one on.
0:46.2	Second story is about Bank of America.
	...

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