In biotech, how the nylon pharmaceutical ceo will invest 700 million in his biotech firm. All of more and next hour. First, lets go to su keenan for headlines in the newsroom. Tech taking center stage with google reporting fourthquarter profits that fell short of estimates. The companies i drop in advertising profits and profit excluding certain items was 12 and one cent a share, ms. Lane missing analysts projections. Meanwhile, amazon reported profits that trailed estimates. They saw a surge in costs to ship gifts over the holidays. Shipping costs accounted for 4. 7 of total sales compared with 4. 5 a year earlier. Zynga will cut 15 of its staff and by popular mobile developer. They reported a narrower quarterly loss. The Goldman Sachs ceo, lloyd blankfein, got an 11 larger stock bonus for his work last year. He received more than 80 8000 restricted shares of the january 28 valued at 14. 7 million. Thank you very much. Now some breaking news surrounding microsofts search for a new chi
Energy names, these are hitting 52week lows. All on the downside. David we have been focusing so much on apple because of the dramatic fall the last couple of weeks. Lets look overall at nasdaq falling into correction territory six weeks in a row. The longest losing streak in four and a half years but at the end of the day pulling into the green and that is good news for monday. Liz our viewers cannot afford to miss. David carter, one of the most sought after mentor for ceos in the world will be here in the studio sharing five tips he gives for big bucks to become the best you can be. The kind of stuff that rockets people and companies to great success. He will help you guide yourself to that. David turning many people into multimillionaires. Virgin america ceo will be here to discuss the growing operating profits and tell us why theyre ordering new jets. You will not want to miss what he has to say. Liz depending on what youre looking at, stocks struggled for direction today, crossing
The chief executive and the banks cheryl have both come under pressure from swiss politicians to resign. 2. 5 billion is coming from shareholders. The officials are accused of stealing american trade secrets through cyber espionage. Beijing summoned the u. S. Ambassador to china and says its military has neveren gauged in cyber spying on businesses. Eunice yoon will have more from beijing in just a few minutes. Thailands army declared martial law nation wood today. The army denies it is staging a military coup, saying the goal is to restore order after six months of street protests. The caretaker government maintains it was not informed about martial law in advance. The u. S. Says they are monitoring the situation in thailand closely. We have a couple highlights but hg, home depot, out with earnings. The stock is moving around a little bit. The number itself before we look at the chart is 1. The Company Earned 1 a share. The estimate was for 99 cents. That is a little bit above. The re
Companies and media shaping our world. Our focus is on innovation, technology, and the future of business. Samsung unveils a new tv that ends at the touch of a button. The launch may be overshadowed when michael bay abruptly walks off stage during a presentation. Close are evan siegel and Mark Zuckerberg . It is a professional relationship but not necessarily that welcoming. And pandoras growth is music to its own ears. The Company Targets very specific users. Lead, fitness trafficking fitness tracking headphones, we can barely keep track of all the stuff coming out of ces. It is a comedy of errors stealing the show. He reportedly said he wants to see macklemore. He has been giving fans shout outs on twitter. Michael bay had a meltdown when he apparently messed up an introduction of samsungs new tv and the prompter couldnt catch up. Jon erlichman at Jon Erlichman was there to catch it all. I feel bad for michael bay after watching that. That was a little painful. You talk about crashin
That was a press conference with the malaysian Prime Minister. You are watching market maker. Lets recap his comments. It was a little bit difficult to hear. We have people on site in malaysia. Here is what we know. The Prime Minister citing new data showing that flight mh370 and is in the southern indian ocean. It is unclear exactly what happened to the flight ear the implication appears to be that 0 crash in the indian ocean. Survivors oralk of wreckage. He did point out they will hold a News Conference tomorrow with further details. This News Conference was a very simple declaration that light mh370 and in the southern indian ocean. New satellite data concluded that it flew toward the southern corridor. The last known position was in the middle of the indian ocean. As you probably have an known, there is not much in the southern indian ocean. Who knows what happened. There have been reports possibly of a wooden pallet. Satellite imagery provided by chinese and other countries sugges