Yesterday. A 27point range in the s p. Earnings from coach, merck and panera and twitter tonight. Tenyear yields around 2. 72. The fed begins a twoday meeting today and europe is up across the board led by the dax in germany. Our road map goes like this. A day we here at cnbc has been counting down to. Our official first 25 list of rebels, icons and leaders unveiled this morning. Well bring you the ranksings. Merck shares are higher in the premarket after it beat the street despite some generics cutting into revenue and reaffirmed fullyear guidance. Coach shares lower in the premarket. Womens accessories taking a lit despite earnings coming in ahead of consensus. First up, the list is out, this morning cnbc has unveiled its first 25 list as we celebrate 25 years on the year. The people who have had the biggest impact on business and finance over the last quarter century. The top 5 is led by steve jobs, followed by bill gates, ben bernanke, alan greenspan, the google guys, written, page
More cash to shairps shareholders. Sears shopping for buyers for its canadian unit. Eddie lampert making more changes to that retail empire and sony, negative results again. More record highs for the s p and dow despite the soft data. Will we see new highs today . Another acquisition for yahoo . Marissa mayer scoops up snap chat rival strategies by a thousand buys blink. Youll miss another one. Whatever that meant. I dont know what i just said. Alibaba liked it. First up, though, macys did report First Quarter earnings of 60 cents a share, Beat Estimates. Retailer says comp sales down 1. 6, hurt by the Winter Weather and macys earnings released Terry Lundgren says sales trends did improve in april when weather started to improve. Announcing a 25 Dividend Increase and boost in the share buyback. The story on m is margin control. Despite the decreasing comp held vndsers to the fire. Got operating margin, 7. 1, looking for 7, gross margin 38. 9. Thats in line. Did they squeeze toomey . I
Signal a slowing economy. Something well be kicking around a lot. It is the talk of the town. The Dow Jones Industrial average meanwhile is off 168 points at the session low. We were off more than 200. A little bit of a comeback here clawing its way back anyway. Still negative. Meanwhile the nasdaq off. 6 . Or 25 points today. The s p 500 shedding almost 1 , 17. Right in line with the dow there. The russell 2000 has been the leader to the downside for much of this move lower. But today even though it was down 1. 4 or thereabouts at one time, that has come back this afternoon. Interestingly. The blue chips have not followed suit. Something well keep an eye on as we go into the final hour of trading here for this thursday. Lets kick things around in our Closing Bell Exchange today. Sharon stark is with us with d. A. Davidson. John kosar from asbury research. David molnar from high tower. Greg ipf from the economist. You think the bond market is way too bearish on the economy. Right . I t
Point of earnings season. A good start. Earnings beat for microsoft, despite falling pc sales and once again, its all about the cloud. Amazon reports strong sales growth. Who cares about margins. Customers dont blink at a price hike for prime. Drum beat of new services continues. Analyst notes this morning are pressuring the stocks. Starbucks up, earnings as analysts expected. Exclusive with Howard Schultz ceo and chairman coming up, coffee, Digital Payments and why lunch is next. Ford is slipping despite strong sales. Profit did miss analyst estimates. Fords margins hit by higher production costs. Shares are dropping. Well hear from bob shanks. First up, microsoft did Beat Estimates by a nickel, fiscal had thirdquarter profit of 68 cents a share. Company was helped by momentum in Cloud Services as total commercial cloud revenue more than doubled in the period and last night during his first earnings call, nadella spoke about betting on the cloud. We will continue to invest in our clou
The Koch Brothers, the industrial magnates currently tied for fourth on forbes list of richest americans with 36 billion apiece. In 2012, the Koch Brothers Political Network raised 400 million to support conservative causes. Raised raised found found in the Koch Brothers conservative club house couch cushion. By the way for 400 million couldnt you buy your own damn country . You could rule it any way you want. No pants tuesdays . Done thankfully, one member of congress is putting foot down and his dukes up. The top democrat in the u. S. Senate, majority leader harry reid, has now mentioned the billionaire Koch Brothers this year more than 140 times. They are in it to make money. Any attempt to buy our democracy is dishonest, diseptemberrive, false and unfair. It is wrong, incorrect, erroneous, worthy of correctshun. Thats when the thesaurus runs out of ways to say bleep . Because the Koch Brothers are in the fossil fuel business their money cant help but pollute the debate. Even the ke