Blockbuster retail sales in the uk, strongest in a decade. We begin with retail, moving the markets. Luxury outperforming again as tiffany and burberry top estimates. Target slashes its forecast. The good news, sales were not the disaster that some were expecting. Bulls hate it, bears hate it, a pullback in the market. Its a great market if you have a bit longer than half an hour to invest. Plus break out the shopping list. Google revealing it plans to spend billions overseas and the reason for optimism. Jims exclusive with sales force ceo. Why it is the canary in the coal mine. First up, tiffany did report better than expected numbers as profits jumped 50 on strong global sales. The companys raising its guidance for the year. Then theres lowes backing its outlook despite weaker than expected q1 earnings as Severe Weather did hurt the stores. We will talk about target, too. Lets get to tiffany. 97 cents crushes 78 cents. I love this quarter. This is about really all the globe with the
We were down three out of the last four days. Going away. Isnt it tuesday, or wednesday already . This is tuesday. Actually an update. A down day so far. Were off the lows of the session right now, but this could be nothing if you believe david leonard, and he says its overvaluations from the market and the headline in his column use the word bubble, and it lays out why stocks are expensive once again and david will join us to make his case on that. Yes. That is coming up. One stock that isnt nearly as expensive as it was at the end of the year is twitter. Its getting hammered today, down more than 10 . Just a few months ago, again, trading above 70 a share. Now around 32 and sinking 16 today, so what is going on with twitter. The lockup ended. Yes, indeed. Well find out for you. Talk a little bit more about who the sellers are and if theres any more value. We have a fleury of major earnings coming out in about an hour that could move the markets for tomorrow. Disney is the biggest of
Monday and mild upside in the markets this morning. Our road map with market highs, record close for the s p, futures pointing to that higher open. Caseshiller the data point today. How the sausage gets made, deals lost and launched. The latest, pilgrims pride unveils a 6. 4 billion offer for hillshire brands. And rosie the robot meet mac the computer. Apple set to unveil jetsonlike software for a smarter home. Your iphone coming soon as a Remote Control for your life. But first up, futures on the rise as each of the three major indices did enter the shortened trading week for the year. S p set to open at an intraday high closing above the 1900 level on friday as the u. S. Markets turned in their biggest weekly gain in over a month. After all the nashing of teeth this month, jim, dow and s p are on track for four straight months of gains. Were hanging on by a thread. Many people who came into this month thinking the earnings werent that good, a lot of fear built up, there were many siz
Gain since july and europe mixed for the time being. Our road map with more bad data from american retailers. Walmart sales and profits below estimates, kohls disappoints blaming on the weather or a weaker consumer. David tepper says theres a time to make money and a time to not lose money. Can you guess what time it is now . Cisco beats as sales fall. John chambers sends the stock higher. First up walmart did report numbers of 1. 10 a share, a nickel below, sales fell for a fifth consecutive quarter. The quarter forecast shy of consensus, weather shaved 3 cents a share off the q1 earnings, and kohls missed with quarterly results. Comps down 3. 4 , but walmart is the real story, jim. U. S. Comps down 1. 4, we were looking for a slightly positive number in this country. Comp traffic down 1. 4, really just not a great quarter. I like to scan these in preparation in coming up in the show and go over the release. Im looking for something positive, something that says double digit. So this
Not much. Do you have a tattoo . I do not have a tattoo. You dont have a New York Times i dont. Can those be removed . Do you think shes going to did you see the cover of the post. Long three hour. See the cover of the post. You used to be scared to talk about her. Ding dong. Shes gone. You can talk about her now. I prefer jill has been very good to me are you going to look at this. That is her there she is. Her subway token tattoo. Ive never seen you completely naked and so i cant say whether you have i know ive shouted about do you have are you unequivocally saying you dont have a New York Times tattoo. Not in a visible area. How about that . So you leave and all hell breaks loose, sorkin. Its really the last week you were gone we had every merger i timed it perfectly. This time i timed it perfectly because this is something i prefer to the to talk about, as can you imagine. No, i cant imagine. Shes gone. Youre still afraid . In the same way that i would never write about the inner w