1. 02 and the nasdaq plunged 1. 14 , i think being old is a very good thing. Whats so great about being old . Simple, i remember things. Things that can be valuable to all of you, because ive lived and traded through them. Right now, of course, were in the midst of earnings season. The news is coming fast and furious. Boeing missed the forecast, is the honeymoon at yahoo finished in the wake of the not so hot quarter and the slowdown . In a normal day, we pick them apart, questioning whether facebooks quarter was as good as it looks. I think it is. These are not normal times. Other forces are at work. Forces that are not necessarily bigger than individual companies that make up our stock market can still trump them shortterm. Lets set the tableau you and me. Nothing to do with the Earnings Report, which like every other day have been good with only a few real stinkers. Typically on the guidance, too, not the quarters themselves. The weakness is from emerging markets and their likely im
Accommodation. The road map begins with the third best quarter ever for starbucks, and chairman and Ceo Howard Schultz will join us. We will break down the numbers and see what is brewing for the future. And amazons negative surprise as they have a quarterly loss loss hit by big spending at the company. And plus, we are an hour away for the arraignment of Steven Cohens sac capital and we will take you live to the courthouse when that happens. First up, starbucks up sharply, and the coffee chain says it earned 55 cents a share in the fiscal third. And same sales remained the same as the expanded menu offerings drove traffic and rose the year guidance and we will have an exclusive interview with the starbucks Ceo Howard Schultz, and jim, the metric of the day, 9 comps in the u. S. People it is hard to get your head around that. Well, these guys have 19,000 stores. I know, 19,000 stores, and glob globally they did fantastic and the operating margins up 25 income points and 13 increase in
1. 02 and the nasdaq plunged 1. 14 . I think being old is a good thing. Whats so great about being old, simple, i remember things. Things that can be valuable to all of you because ive lived and traded through them. Right now, of course, were in the midst of earnings season. Boeing missed the forecast, is the honey moon at yahoo finished in the wake of the not so hot quarter and the slowdown . In a normal day, we pick them apart, questioning whether facebooks quarter as good as it looks. I think it is. These are in the normal times. Forces that are not necessarily bigger than individual companies that make up our stock market can still trump them shortterm. Lets set the tableau you and me. Nothing to do with the earnings report, which like every other day have been good with only a few real stinkers. Typically on the guidance, too, not the quarters themselves. The weakness is from emerging markets and likely impact on our own stock market. This spillover effect, this waterfall is somet
By cocacola and throw in goldmans strong quarter, and j j and a lot to talk about, and the yields are hovering at 2. 5 for 10years as we wait for bernanke on the hill tomorrow. And we are looking at the biggest loser on the dow today which could be coke. The Company Blames weather and other things, with and we will talk about it. And the shares of the dow component johnson and johnson are up after strong pharmaceutical sales helped to push the companys profits above expectations. And goldman Strong Revenue trading, but how does that compare to competitors like jpmorgan and citi. And the alpha conference kicks off tomorrow. We will give you a preview of what to watch for. And once again, with coke, the shares are down in the premarket and take out the items in the Second Quarter earnings and in line with the case volume down below forecast, and this is what coke cfo had to say this morning on squawk. It was disappointing in the quarter for volume and we said all along along the road a b
A 16month high, and gas prices up 11 days in a row. The road map begins with two days that are part of the old guard and the new leaders today, g. E. And honeywell trading higher after earnings beat expectations. On the opposite end, google and microsoft both missed slipping ahead of the open. And chipotle is spicing it up higher after beating the consensus, and detroit has become the biggest u. S. City to file for bankruptcy. We will get a live report from the ground in the motor city. Good morning, and good morning for the old industrials and g. E. Is rising in the market, and rising in the qe earnings 36 cents per share, and that cites big ticket Industrial Equipment and services orders. And honey well, helped by higher margins, jim, and to some degree, the margins are the story of the morning. You nailed it. One of the reasons i like General Electric because in every business the margins are improving and the water inf infrastructure had been the big, really big disappointment, and