Industrials Report, NYSE Trading Issues, Raytheon CEO Greg Hayes 1/24/23
Carl Quintanilla, Jim Cramer and David Faber began the show by discussing the quarterly results for industrial giants 3M and GE. 3M shares were under pressure in early trading after missing on earnings; separately, the company announced that it will cut 2,500 jobs. Other names out with reports included Johnson & Johnson, Lockheed Martin, and Union Pacific. After the opening bell, several stocks were halted on the New York Stock Exchange due to an apparent technical issue. Major names impacted included Verizon, Wells Fargo and McDonald’s. To close out the hour, Morgan Brennan joined the desk to participate in an exclusive interview with Raytheon Technologies Chairman & CEO, Greg Hayes.
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