Outlook. Why is the stock moving higher in the premarket . Mcdonalds ceo with a vote of confidence from the board. Whats coming at the fast food giant as we hear from the chairman. And a watershed moment for twitter ceo. It is twitters investor day as yahoo Ceo Marissa Mayer faces questions of her own. First up, macys reporting Third Quarter earnings, 61 cents a share. Revenues do miss as comp sales down 1. 4. Macys also reducing sales growth forecast for the rest of the year. The ceo says he remains optimistic for the rest of the quarter. They hold margins pretty good in this environment. Inventory is up but not by a lot. Macys is a tight ship. You can look at the socalled forecast and say this is not an aberration. Theyve repeatedly done this. Theyve cut forecasts, so to speak. You go through and see big buyback, optimism, easy comparisons. You see theyre not spending nearly as much money as you would think to get these sales. You take a look at the multiple on number of, say, foreig
Manhunt going on right now as the police try to find these killers. Gerri freezing weather sweeps into the u. S. And with it a flu epidemic in. Health officials across the country are all seeing a spike in flu cases. Also walmart will continue to sell pet food from china could make your pets sick or even kill it. The biggest pet food stores like petcoand petsmart will stop selling the food. So why is walmart saying no . Well investigate. A very special organization using a unique way to match kidney donors and helping those in need beat the odds. All that and more coming up on the willis report, where consumers are our business. Gerri we begin tonight with president obamas highly publicized road show, touting his grand vision for 2015 and what the white house touts as his rescue of the American Auto industry. The catch . The road show kicked off at a closeddown ford plant which has stopped making the compact ford focus for lack of demand. Recovering the latest with doug holtzeakin, pre
Too strong and the Unemployment Rate fell to 5. 4 . The lowest rate since 2008. The goldilocks report sent stocks soaring with job growth that many said was just good enough to hold off a Federal Reserve rate hike until the second half of the year. The Dow Jones Industrial inde week with a gain of 267 points to 18,191 and the nasdaq rooz 58 and the s p rose 28 points. Hampton pearson has more. Led by a boost in the Service Sector and construction and health care the jobs rebounded strongly in april, good news for president obama. Nearly the fastest pace in over a decade. March it turns out was worse than previously reported producing just 85,000 jobs. April, however, added nearly three times as many workers. On wall street a sigh of relief from leading economists. I would expect Something Like 200,000 from here on out. So maybe a little less than this report if there was an element of snap back there. The underlying trend growth of the economy is probably about 2. 5 right now and that
Seem like a likely match. Verizon is hoping that aol the disrupt can make it a more powerful player in an industry undergoing tremendous change. Aol shares shot and verizon shares fell slightly. Morgan brennan has more on the de why now. The one time king of mobile is all about mobile. Verizon touches about 70 of internet traffic and by acquiring aol they will have Better Technology for selling ads and mobile. A fast growing market. Aol said they decided itself to sell in a better market place that will be increasingly be dominated by large players. Look forward in five years there will be massive global scaworks and there is no better partner than verizon. So it is not about selling the s about setting up for about the next five or ten years. And since they own tech crunch and tech gadget. And some say huff post could be spun off. The fact that the company aproviding Internet Connections with now producing the media people are going online for. And not just content creation but new Co
You expect to what leaders visitors to read a marketing for the Service Provider . I do not know if it will be a Marketing Tool as much as it will allow them to access new jobs because they will go be jobs professionally that is something we see him the segment, people want to act as a big business and by having good invoicing all of these things are enabled through the smart watch. We have been working on wearables for over a year. Yesterday, we launched salesforce for apple watch. So we have three parts to that. People can grow into the data. We have both a developer kit to allow people to take the framework and use the Salesforce Cloud platform to applications. Numeral still use the apple schools as well but what you get with salesforce is security and identity and workflow, all the things you need another expanded quickly. It was great for us question is what was the technical challenge, and learning to read all applications for the watch. It is rethinking how people are going to u