Twitter. Shares down 11 premarket after showing the worst growth rate ever. I spoke the outgoing Procter Gamble ceo yesterday. That coming up. Some disappointing guidance but first up twitter taking a hit despite beating expectations revenue up 61 in the user growth quarter. Interim ceo dorsey last night expressing his dissatisfaction during the Conference Call. Instant time lines and logged out experiences have not yet had meaningful impact on growing our participation. This is unacceptable and were not happy about it. We need to do three things. One, we need to ensure a more disciplined execution. Two, we need to simplify our service to deliver twitters value faster and three, we need to better communicate our value. Stock closed at 5 . Ended up down 11 after hours. The quote of the day, we do not expect to see sustained meaningful growth until we reach the mass market and we expect it to take a period of time. Thats what i spoke to the cfo about before we came on. And i put that to
Good morning. Im Erik Schatzker. Im stephanie ruhle. Did you watch the world series . I did, but not much. I am part of the problem. Morningsart this show with a bulletin. The top stories in business and finance from around the world. The u. S. Economy has not grown this fast and more than a decade. Gdp expanded at an annual rate of 3. 5 in the Third Quarter, more than economists had forecast. It grew at a 4. 6 rate in the second quarter. Combined, the two strongest back to since 2003. Household spending slowed down a bit. Cook says he is proud to be gay. He has an editorial in a new of Bloomberg Businessweek. He writes that he has always tried to maintain a level of privacy. That has held him back from doing something more important. Here at Bloomberg Businessweek he ultimately decided it is more important for him to step out and represent within the world and say im gay and proud. Pick up a copy of Bloomberg Businessweek or go to the website to read the entire essay by tim cook. Appl
Fox & Lillie: Diversifying from wool to seafood | Stock Journal stockjournal.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stockjournal.com.au Daily Mail and Mail on Sunday newspapers.
Fox & Lillie: Diversifying from wool to seafood | The Land theland.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theland.com.au Daily Mail and Mail on Sunday newspapers.