Big in content with the launch of a primelike service. And pepsicos new pledge to slash calories in its beverage. Sarah eisens exclusive interview with the chairman and Ceo Indra Nooyi. Bryan moynihan says revenue growth, risk management, cost down three, trading revenue up 18, fic trading up 39. Numbers not quite as good as jpms but better than citi in some cases. Yeah, book value of 17. 14, impressed by expense control here. Really excited about the Wealth Management growth. Theres a lot here to like. And its not like the old days where talking about the Justice Department has decided to crack down on this or that. And by the way, oil and gas literally seven months ago we were worried about losses. No, big drop in worries about the nonperformers in oil. So this is a clean quarter. The problem of course is that this market is you need a rate hike, but if we had a rate hike then the whole market goes down. And we got stan fisher speaking at 12 00. You know, stan sell them fisher, thats
In the u. S. They were expecting 300,000. So 370 was 20 more. But last year in the same quarter they added 900,000 or 800,000. So wall street journal is making certain points. And then to almost double the bottom line when youre at hundred times earnings thats good but is it still pennies. What was the actual number . Pennies per share. Still pennies per share. Im sort of surprised the international, do they have the content around the world that people will pay for. They havent spent a huge amount of money yet on True International programming in the new languages and what it means is actually that american programming or u. S. Programming with ghienglish is working. They have a benny hill type show ready to go or monti python. Do they know the cultural . What youre finding is narco is working in a lot of places. Its working here and in south america and parts of europe. Its working. What does a billion dollars more spent on content mean in the number of shows and how many, how much n
It trades for whats behind the big move up. 4 on oil. I said my local gas station owner had the ladder out to change the price of the gasoline. Doesnt take long. Donald trump and Hillary Clinton both have been talking about their economic plans today. Well bring you details and get you the plan from a new candidate, independent Evan Mcmullin will join us live to talk about what he would do to create jobs in this economy. Handle regulations, deal with National Security issues. Well talk the gamut of the policy issues of candidates these days. And what the chances areality this point. Check out shares of vail cent hit hard today on reports that the company is under criminal investigation. Well have the details for you and the potential fallout for this troubled pharma stock. Lets start with the encouraging earnings of the retail industry. Courtney regan has it. Earnings bettering expectations by decent margin with better than expected results on the top line, as well. While comparable sa
But the hang seng and kospi reopened after the Lunar New Year holiday. South korea down 3 . Shanghai remains closed until the end of the week. Meanwhile, the dollar falling below 112 yen for the First Time Since late 2014. The level of the dollar and the spread between Interest Rates, the did you see the ten year . Its 162. Hard to believe that we are back there. Its sliding by tremendous amounts, by the day. I mean, it was at, i dont know, its like ten basis points lower today than it was yesterday on this prospect of negative rates. Do you really think that she was going to satisfy on the markets yesterday . No. Going into it she was never going to get what people fully wanted. No way. There were some people who wanted her to completely capitulate and walk back from the move in december. Not only did she not do that, she said we have no plans to cut rates again. But theres also nothing that she could have said to asewage the market. She could have said well do more qe and the market
Increase production to meet demand. Roadmap begins with shares of gap falling hard after the retailer reported slumping sales, stocks down more than 40 over the past year. Could it be time to buy . Allergan is on the move this after the companys Earnings Report and announcement of a 10 billion Share Buyback program. What is behind this big move . Well discuss. And valeants new ceo joe papa joined jim on mad money last night. Well see what he had to say about generating cash and buffetts right hand man charlie munger. Gap poised to open at fouryear lows on the companys fifth Quarterly Sales decline. Comps down 5 . The retailer also issuing some disappointing Profit Guidance for q1 saying its looking to streamline some operations and evaluate banana and old navy primarily outside of north america. Old navy down 10, gap down 4, banana down 7. We were looking for increases in some of these comps. Yeah, this is just one of those cases where this is part of this overall we have way too many