Were released early on twitter. And the numbers stunk. Revenue was far below forecast and the company slashed the outlook. The profit report was supposed to come after the close of trading today. But some key numbers were tweeted out early but a Financial Research firm that claimed it got them off of twitters own Investor Relations website. The shares nosedived and they were halted at the twitter request, they said to put out the full resort. The stock resumed trade, but at the close shares were down 18 . That is the twitters second worst day ever. As for earnings twitter did beat expectations on that score at 0. 07 a share but the critical revenue number a disappointed 436 million is what caught investors off guard. Julia boorstin has more on what reports on what investors should watch. While the all important actor user number came in right in line with expectations, the nuz moving the stock lower was guidance that came in lower than expected. The compan lowers the full year outlook
The twitter quarter earnings were released early on twitter. And the numbers stunk. Revenue was far below forecast and the company slashed the outlook. The profit report was supposed to come after the close of trading today. But some key numbers were tweeted out early but a Financial Research firm that claimed it got them off of twitters own Investor Relations website. The shares nosedived and they were halted at the twitter request, they said to put out the full resort. The stock resumed trade, but at the close shares were down 18 . That is the twitters second worst day ever. As for earnings twitter did beat expectations on that score at 0. 07 a share but the critical revenue number a disappointed 436 million is what caught investors off guard. Julia boorstin has more on what reports on what investors should watch. While the all important actor user number came in right in line with expectations, the nuz moving the stock lower was guidance that came in lower than expected. The compan
The new day, so what does the individual Health Insurance mean for you, should you get it from your company . And rising tide, insurance premiums are set to skyrocket, so will the very thing that is designed to protect Business Owners, and that and more on nightly Business Report. Im sue herera filling in for susie gharib. There was a lot of fear on wall street, with a possible Government Shutdown, the stocks sank lower as the investors worried about the impact on the prolonged shutdown on the economy and the consumer confidence. That weighed heavily on the markets today, the dow closed off the lows on the session, but still lost 28 points, the nasdaq and s p lost about 10 points. Despite that the major markets close out september and the Third Quarter of the year with solid gains, the dow up 1. 4, the big point, nasdaq shooting up 10 in the past few months. More on the battle of the shutdown as we inch closer midnight, eastern time. The republicans sending a bill back to the Senate De
Im kelly evans at the new york stock exchange. Im bill griffith. Doesnt look like third times going to be a charm. The financials, which had done so well, bank of america yesterday with a stellar report that pushed it higher. Today, Goldman Sachs and citi disappointed with their earnings and the financials are lagging this market and leading it lower. President dow was down 105 points at the low. Now were doing 68. Thats right. We have goldman down about 2 at last check. Citigroup off about 4 . Some of the regional financials its a little bit more mixed. We have pnc up despite analysts saying this maybe isnt necessarily a performance they can repeat. While some of the others are lower, even though commercial real estate, commercial and industrial loans, there is growth there. And then theres retail. Best buy. Worst buy. Horrible day for best buy shareholders, which well get to coming up in a little while here. Yeah, thats right. The Market Action wont stop. When the closing bell rings
Your company . And rising tide, insurance premiums are set to skyrocket, so will the very thing that is designed to protect Business Owners, and that and more on nightly Business Report. Im sue herera filling in for susie gharib. There was a lot of fear on wall street, with a possible Government Shutdown, the stocks sank lower as the investors worried about the impact on the prolonged shutdown on the economy and the consumer confidence. That weighed heavily on the markets today, the dow closed off the lows on the session, but still lost 28 points, the nasdaq and s p lost about 10 points. Despite that the major markets close out september and the Third Quarter of the year with solid gains, the dow up 1. 4, the big point, nasdaq shooting up 10 in the past few months. More on the battle of the shutdown as we inch closer midnight, eastern time. The republicans sending a bill back to the Senate Delays the portions of the Affordable Care act for another year. Earlier Senate Democrats killed