In line with the estimate of 35. 7 billion. The board is affirming all 2016 guidance. The incredible thing is north american operating margin 12. 9 . Global margin 9. 8 . Those are records for ford. They may be records in the Auto Industry in general. I am going to look through this. There is so much stock news. Jon it is very much risk off. Lets get you up to speed on what is happening in global markets. Futures in the u. S. , negative. Negative 16 on the s p. The nikkei to 25 deep in the red. The boj does nothing. Here is what happened to dollaryen. Hyeading much lower. Down as much as three percentage point. I can tell you where it is on my screen. Dollaryen at 108. 05. Lets cross over to matt miller. Matt we are getting more earnings out. A slew2 of companies. 181 of the s p 500 companies are coming out this week. Conoco phillips with an adjusted loss of 95 cents per share. I want to also point out viacom has come o ut. Viacom is looking like 76 cents for an adjusted eps. We were l
On a mostly declining market. It is somewhat of a mix. When you look at major averages come 11 increase in the nasdaq. Otherwise, we are seeing a negative cap to the markets. There is a lot of news on earnings. Including 60 companies. They are recording their numbers today. Some of them are already reported. Blowinghose is facebook past analyst estimates. Revenue is up 52 . And, the bulk of that is generated by facebook itself. Analysts say they are positive on the company. Not even beens able to monetize some of its other Properties Like messenger and whatsapp and instagram. You can see shares rising. Some of the other stocks gaining on earnings news include ford posting 2. 5 billion of those shares of 1 . As itree are benefiting, appears, some people are spending their gas seizing on buying higher price cigarettes. Mastercard is also gaining after that company Beat Estimates. The flipside, we have a viacom shares after the Company Expected a loss for this year. , victors appears to b
This is the best daily performance since january 28th when it was up 15 . I will tell you what, we asked yesterday whether or not it is the outlier and it is. Truly is, and these results are staggering for a company this size without advertising is growing extrooaordinary within e United States and how well they are soaking up money, and taking advertising from digital, and print and other companies, and am amazing importance. Anything else in the share class ta makes you scratch your head . No, Mark Zuckerberg has had control of the company. And you read the prospectus, and he said, i have a long term view, and if you dont like it, sell it. Great quarter to announce it. People are more forgiving. Exactly. I will stay in control and the investors seem to like that idea. It is really staggering, but the rate of the growth and the moat they have around the assets and the amount of data they have and not just about the intent expre expressed through search, but where you are, what you are
We read the tea leaves on the data thats driving down the market this morning. Cbs and time warner are on the move both after reporting earnings. Were going to dig into those quarters. Well also talk to cbss chief executive. Tim cook calling the u. S. Government dysfunctional on mad money with jim. Well hear from the apple ceo and dig in on what last nights primary results may mean. Stocks are poised to open lower a day after falling to their lowest levels in three weeks amid concerns about slowing economic growth. Speaking of the economy, data from adp shows the private sector added 156,000 jobs in april, that is below consensus and marks the smallest increase in three years. 156, we were looking for 196. And everybody wants to know, jim, what this might mean for friday. Yeah. I think that were back into a mode which says this roving bull market that weve had in cyclicals maybe give that a break. Go back into the clorox market. Remember, it is just bull, bear, bull, bear, we rotated o
Points. Here are the big stories were watching today. Weyerhaeuser is buying plumb creek timber for 8. 4 billion in the total price tag. The combined company will keep the weyerhaeuser name and manage 13 million acres of timberland. You can see plumb creek timber up 17 in the premarket. The dubai air show is now open for business. The last show two years ago saw record breaking orders. Thats not the case this time. No major purchases yet announced. Some say this is raising the red flag about the longer term health of the business. And in other global news, lufthansa canceling more than 900 flights today due to a cabin crew strike. A union calling for a walkout in frankfurt, munich, dusseldorf. 900 flights canceled. We talked about it on friday, i dont remember a lot about it. I remember i had to say dusseldorf. I remember seeing that in the teleprompter and nailed it. Nailed it. So theres a five star hotel there. There might be but i wasnt there on vacation. You were you were not there