Im bill griffeth. Tyler and sue are off tonight. Ibm with better than expected earnings with a fast growing Cloud Computing business and Security Software and despite decreasing demand for its servers and storage products, here are the numbers that came out. Adjusted earnings 5. 70 a share, topping analysts forecast by 7 cents and fell from a year ago to 24 billion. That just missed wall street forecast. Shares initially higher in late trade on the news but then turned negative on weaker than expected forecast guidance for the full year. Bertha coombs joins us from the nasdaq with one big takeaway from ibms report. Reporter bill the big takeaway that ibm getting smaller. The company went from over a billion shares at the end of 2013 and as of december 31st they had 991 million shares. People said as their year over year revenues declined for seven straight quarters over the watch right now, the thing thats helped them on the bottom line is the Share Buyback and share reduction. Some pe
Looks like its a pretty wooded area there where that fire is. Ktvu Tara Moriarty also there where that fire is on scene and well check in with her in just a couple of minutes. Its tuesday, december 9th im pam cook. Boy what a way to start the day. Good morning, im dave clark. Lets talk about weather and traffic. Steve paulson is here keeping an eye on everything. A little quiet today but then tomorrow night all eyes on this system coming in. A couple questions on it regarding it. Will it stall out or blast through . Either way it will be a pretty impressive system. Its thursday. And tuesday we have a lot of cloud cover over us. We will continue to be a cloudy day. Looks very gray here. Its on its way and developing. The rainfall today wont be a factor but it will start tomorrow and carry into wednesday night and thursday. And there is going to be hefty totals here in some of the higher elevations. I think marin county up to Russian River and Santa Cruz Mountains it will be 48 inches. T
That is the reports ive had so far. A lot of cloud cover. Not much happening today. Our system all eyes are focused on a system that is two days away. Heavy rain will be here on thursday. High wind watches already posted. Flash flood watches out. High surf advisory. There will be heavy totals but this can change a little bit. All signs point toward moderate and heavy rain. Fit continues to march south and doesnt stall out it will be okay. So for most locations it will be a cloudy to mostly cloudy day. Might be a few sun breaks to the south but patchy thick, thick fog and drizzles are light and mist. 60s to near 70. There will be fog out in the east bay causing issues. Yeah as a matter of fact im not really sure if the fog may have contributed to this crash but lets just say its really foggy and there is a major crash on highway 4 westbound at 242. Its not major injuries however it was really blocking lanes for a bit. It turned out to be a noninjury accident as i read here. But the traf
Im bill griffeth. Tyler and sue are off tonight. Ibm with better than expected earnings with a fast growing Cloud Computing business and Security Software and despite decreasing demand for its servers and storage products, here are the numbers that came out. Adjusted earnings 5. 70 a share, topping analysts forecast by 7 cents and fell from a year ago to 24 billion. That just missed wall street forecast. Shares initially higher in late trade on the news but then turned negative on weaker than expected forecast guidance for the full year. Bertha coombs joins us from the nasdaq with one big takeaway from ibms report. Reporter bill the big takeaway that ibm getting smaller. The company went from over a billion shares at the end of 2013 and as of december 31st they had 991 million shares. People said as their year over year revenues declined for seven straight quarters over the watch right now, the thing thats helped them on the bottom line is the Share Buyback and share reduction. Some pe
Bad deal. New york city wakes up to new, not always welcome neighbours. People they didnt know had keys to the front doors of the building. Were in their hallways. Elevators with no explanation. Lori jane gliha on how the temporary residents are breaking the war. A top frequent in travel. Why lawmakers think its ruling the neighbourhood thank you for joining us. We want a travel bargain, luxury style, a chance to enjoy a visit to another city at a great price. The hot hook up at the moment is air b and b giving travellers a chance to rent homes and apartments direct from owners in 34,000 cities around the world. Sound good . The welcome mat to this home sharing is being pulled in in one of americas hottest destinations new york city. Lori jane gliha investigates why . It makes me nervous. Reporter john lived in this building since 1992 he and others say apartments occupied by neighbours have been rented out for days or weeks at a time. Reporter what have you observed . We serve suitcas