From the new York Auto Show are coming to us. We talked to the chief executive of cadillac about his plans to compete with premium names like bmw and audi. Lets head straight to the markets where Bloombergs Julie Hyman has the latest. Julie stocks pulling back today, not huge declines, but it does mean we are now negative on the year. If you look at the yeartodate returns, we had that brief period of gains on the dow, we are still negative and the nasdaq more deeply in the red. It has consistently been the laggards. In terms of what is dragging, it is the banks. We had a lot of investors and traders say if there is going to be a catalyst for u. S. Stocks, it could be earning season. We will hear from Many Companies starting over the next couple of weeks, but banks are among the first to report and some of the commentary is not very positive. Ubs is rating wells fargo a cell. Sell. Andysts cite high valuation for u. S. Banks, it is the perfect storm for firstquarter earnings. Earnings w
Stocks. Crude awakenings. Oil is being shipped through the controversial Keystone Pipeline. Its not just refiners who can benefit but consumers as well. All that and more tonight on nightly Business Report for wednesday, january 22nd. Good evening, everyone. Netflix dazzled investors today with spectacular earnings after the market closed the Company Reported Fourth Quarter earnings 245 far exceeded forecasts, gaining many more subscribers than predicted. In the final three months of the year, netflix earned 79 cents a share. That was 13 cents more than estimates. Revenue also topped expectations. And then on totop of that the cy gave a very strong outlook. During tradings days it roh moohyun rose as much as 1. 5 . More on the results and what the companys predicting for the Current Quarter. Reporter netflix didnt just beat expectations on the top and bottom lines. The key number in focus, streaming subscribers, came in higher than projected as well with the addition of 2. 33 million u
Controversial Keystone Pipeline. Its not just refiners who can benefit but consumers as well. All that and more tonight on nightly Business Report for wednesday, january 22nd. Good evening, everyone. Netflix dazzled investors today with spectacular earnings after the market closed the Company Reported Fourth Quarter earnings 245 far exceeded forecasts, gaining many more subscribers than predicted. In the final three months of the year, netflix earned 79 cents a share. That was 13 cents more than estimates. Revenue also topped expectations. And then on totop of that the cy gave a very strong outlook. During tradings days it roh moohyun rose as much as 1. 5 . More on the results and what the companys predicting for the Current Quarter. Reporter netflix didnt just beat expectations on the top and bottom lines. The key number in focus, streaming subscribers, came in higher than projected as well with the addition of 2. 33 million u. S. Streaming subscribers and more than 1. 7 million overs
Controversial Keystone Pipeline. Its not just refiners who can benefit but consumers as well. All that and more tonight on nightly Business Report for wednesday, january 22nd. Good evening, everyone. Netflix dazzled investors today with spectacular earnings after the market closed the Company Reported Fourth Quarter earnings 245 far exceeded forecasts, gaining many more subscribers than predicted. In the final three months of the year, netflix earned 79 cents a share. That was 13 cents more than estimates. Revenue also topped expectations. And then on totop of that the cy gave a very strong outlook. During tradings days it roh moohyun rose as much as 1. 5 . More on the results and what the companys predicting for the Current Quarter. Reporter netflix didnt just beat expectations on the top and bottom lines. The key number in focus, streaming subscribers, came in higher than projected as well with the addition of 2. 33 million u. S. Streaming subscribers and more than 1. 7 million overs
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