Stuart Varney
Stuart Varney
Veteran business journalist Stuart Varney joined FOX Business Network as an anchor in September 2007. He also serves as a business contributor and substitute host for FOX News Channel's Your World with Neil Cavuto.
Since joining FNC's business team in January 2004, Varney has contributed to the network's weekday and weekend business programming including Your World with Neil Cavuto, Bulls & Bears, Cavuto on Business and Cashin' In.
Prior to joining FNC, Varney served as the host of CNBC's Wall Street Journal Editorial Board with Stuart Varney. Before that, he was a co-anchor of CNN's Moneyline News Hour. Varney helped launch CNN's business news team in 1980 and hosted many of their financial programs including, Your Money, Business Day and Business Asia. His reporting and analysis of the stock market crash of 1987 helped earn CNN a Peabody Award for excellence in journalism.
A graduate of the London School of Economics, Varney began his broadcast journalism career as a business anchor for KEMO-TV in San Francisco.
FOX Translator
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The book-to-bill (B-to-B) ratio is the demand-to-supply ratio for orders on a firm's "book" to number of orders processed and billed. A simpler explanation is orders/orders filled (or billed).
If you just ordered a sweater from your favorite online store, your purchase gets tacked onto the "book" side of the book-to-bill
ratio. If you have the bill in your hands, then your transaction is now added the second "b" of the ratio.
If the company has more orders than it can deliver, the B-to-B ratio is greater than one. The higher this number is, the higher
the backlog of orders that need to be filled/delivered.
If everything is just right and supply is keeping pace equal to demand, the ratio is equal to one. And if it¿s less than one, then the company is hoping orders get a kickstart in order to get some of the dusty inventory off the shelves.
