Weaker results, posted a Fourth Quarter loss today. Right now it is down 4. 25 . They have reduced their gold reserves. So it is a quarterly loss. You see the stock is to the downside. Also, and by the way over last 52 weeks down 40 . Shutterstock another name on the move because of its quarterly results. Better than expected numbers and as a result up 18 shutterstock a commercial business provider. Late but not least micro vision. Sony is developing a projector module using Technology Developed by micro vision. So micro vision up 7. 8 on this news to develop highdefinition resolution imagery. That will help the company along. That is why youre seeing the top there on that won. Back to you. Adam nicole, thank you very much. Gap is making huge news on wall street and main street. Theyre raising hourly minimum wage to nine dollars this year and 10 bucks in 2016. The landmark move will help 65,000 employees across the companys six brand which include old navy and Banana Republic. Here in
Two technology snafus, one on facebook, remember the exchange was down three hours . Melissa right. There ask too much reputational risk. If you pick nasdaq, and there is another screwup it will hurt your Company Reputation alley. Facebook shares didnt recover until recently. Went down to almost 20 a share. A lot of people believe it was on a slow start and that snafu that occurred in 2012. That is what is going on right now. Bob greifeld ceo of nasdaq is out there still trying to push the nasdaqs credentials here. What big nasdaq credential, if youre a Chinese Investor you can not buy alibaba shares on new york stock exchange. You cant actually buy it on nasdaq but what you can buy a extraining traded fund. Something called the nasdaq 100. I dont know exactly the name. It is in the story on foxbusiness. Com. But you can get it on the shanghai exchange. Virtue of index fund Chinese Investors can get a shares of alibaba. You can only do that on the nasdaq. There will not be single under
Former Shell Oil President John Hofmeister is here to weigh in on that. Oils also a hot topic at the university of dayton. The school is going green after divesting all of its fossil fuel investments. Youre going to hear exclusively from the schools president about why he is doing this and his plan to have other University Follow daytons lead as well. Yeah, bill, potentially a lot of money at stake here. Theyre doing it for ethical reasons, but theyre also under pressure, like other universities like stanford, that have done this, from students. All right, want to see whats happening with the market right now . Heres what were doing today. As you can see, kind of a meandering session. Selloff on the open this morning following what happened in asia and europe overnight and this morning. Nasdaq is up just a tiny fraction right now. Its the only of the major three averages thats actually in the green at the moment, while the s p is down a point and a half at this moment at 1,961. Lets ta
Networks. That would be terrible. That would threaten us, right . No, were a cable channel. I know, were part were part of a broadcast network, so, yeah, very important. Well get to that. No, its not your imagination. Gasoline prices are higher. In fact, a lot higher the last few weeks. Whats the reason behind the recent surge, and how much higher do we go . Well have a special report and why everybodys pain at the pump is on the rise. Netflix is set to report what is being viewed as a crucial Earnings Report. The stock has been hit hard over the last month or two, falling very sharply, when it was trading well above 400 a share. The latest numbers, sending it to new highs . Well have the information first, along with the best analysis on the street. In the meantime, lets show you how the markets have been trading. Narrow day. European markets closed, closed the monday after easter. They do a fourday weekend. Why dont we do that . Thats a great idea. Lets campaign for that. We practica
Weve seen a selloff. We were down 76 points at the low, but weve come off those lows and were at 17,010 right now. And were keeping a close eye on the tenyear for that reason, too, watching a 2. 6 level as it also expresses, perhaps as art cashin was saying, a reassessment of the strength of the payroll report. Yes. Maybe its european concerns, maybe its the typhoon in japan. All of that well get to in just a moment. Meantime, the watch for the apple watch continues. The shares of apple higher again today in the range of 1. 7 . They are inching towards 100 a share. Thats near their nominal high, both before and after the split. The company poaching a Top Executive from luxury watch maker. Just how much is on the line for apple whenever it does unveil this watch . Well take a closer look. I guess they really are going to bring out an iwatch, arent they . Theyre talking about the fall. At this point. Look, if they can get it down to not having to be bulky and be with the phone right ther