Stocks. That appears to be the case today. We are in a at the he thought we are getting earnings after the close. Higher. Tocks trading on the downside, health care and Consumer Staples putting a bit of pressure on the major averages. As we get further into this earnings season, lets take another look at ea. Quarters,the past forward quarters. Drop of. 9 in sales in earnings, and decline at 7. 8 . We still have a long ways to go. Anderms of the highlights low lights within todays session, whirlpool coming out with sales misting missing estimates. Sales in the shortfall Procter Gamble with numbers that initially looked strong. Rdquarter revenue fell by it appears to be a sales issue weighing on the shares. Up 9. 7 after raising its production forecast. The earnings winnings and losers. Theyre coming you see bigger moves, but when you added up, you dont get big moves overall. Since february 11, the s p 500 has gained almost 15 . Beginning ofthe earnings season, we have seen an increase i
Greece will exit the single currency. Well have a full business roundup. Hello, and welcome to the program. Recovery teams have resumed their search in the java sea as they race to find bodies and wreckage from the airasia flight which crashed last week. Teams of divers are hoping to find the planes flight recorders, which could help explain why it came down. Weather conditions have improved although underwater currents are still strong. 37 bodies have so far been recovered. Lucas de jonge reports. Reporter getting ready to search for the one thing that could answer the question why did a plane carrying 162 people simply drop from the sky . The airasia flights missing flight reporters are now the firm focus for these Indonesian Navy divers. So far, though no signal from the black boxes have been picked up. From the government though the signals are clear. The transport minister has announced a separate probe into flight licenses after it was revealed that the crashed airasia flight did
170plus billion dollar company. Thats a huge move. It is and its incredible those earnings still could blow it out. A lot to do with frozen. We talked about it yesterday but the reaction initially was not as strong as what weve seen throughout the session. Its held up well throughout a volatile session. Speaking of volatility, look no further than oil. Remember the big rally weve been talking about and the price of oil, it has reversed itself. Its now given back all of the gains that we saw the last two days. The price of oil settling down more than 8 today. For a period of time it was down 10 just off the lows. Well talk more about that coming up. More market moving earnings also due out in an hour. We have 21st century fox today, Keurig Green Mountain under armour yum brands. Dont miss a moment of it. Were waiting for the big unemployment number on friday. Right now it stands at 5. 6 and the Unemployment Rate is a big lie. Thats not me saying that. That would be the ceo of gallup of