Just bought valent irnts and icon prince has died, wee talk to b. E. T. Founder be his impact around the world. The market seemingly breathing a sigh of relief on this today, Julia Boorstin will bring us up to day. Julia . Dish and viacom came to the deal in the 11th hour, this sending shares higher today. Up now about 12 , the stocks now in the green for the year. Analysts saying 14 million customers it could have been a catastrophe secure since the ratings happened in decline. Now, in addition to keeping viacoms 18 channels on dish, this multiyears renew at includes putting the viacom content on sling tvs direct to consumers skinny bundles. Dish shares are up not quite as much, but analysts say this could help dish grow slingtvs subscriber for the skinny bundles. The fact these two sides did strike a deal did protect the tv bundle for a bit longer. Mike and kelly, back over to you. And now to General Motors earnings beat. Phil lebeau has the story there. Hey, phil. Hi, guys, the stor
Parent alphabit came out with Quarterly Results after the bell and investors were not pleased. Let start with dow component microsoft. The Worlds Largest Software Company in the middle of a transition to become more of a Cloud Company missed on its latest Earnings Report. Microsoft earned 62 cents a share, 2 cents shy of estimates. Revenue was essentially in line at a shade over 22 billion. Shares initially fell more than 3 after the release. Dierdre bosa is in redmond, washington, with the thing investors should focus on. Reporter for microsoft its all about the rising cloud which has helped transition the company into a new era of Technology Faster than many had anticipated. But while Cloud Business is booming, it may not be enough to make up for a declining pc market which hit microsofts bottom line in the previous quarter through sales of its windows operating system. As for devices, diverging fortunes. Surface sales were up sharply while phone sales continue to free fall. For nigh
Parent alphabit came out with Quarterly Results after the bell and investors were not pleased. Let start with dow component microsoft. The Worlds Largest Software Company in the middle of a transition to become more of a Cloud Company missed on its latest Earnings Report. Microsoft earned 62 cents a share, 2 cents shy of estimates. Revenue was essentially in line at a shade over 22 billion. Shares initially fell more than 3 after the release. Dierdre bosa is in redmond, washington, with the thing investors should focus on. Reporter for microsoft its all about the rising cloud which has helped transition the company into a new era of Technology Faster than many had anticipated. But while Cloud Business is booming, it may not be enough to make up for a declining pc market which hit microsofts bottom line in the previous quarter through sales of its windows operating system. As for devices, diverging fortunes. Surface sales were up sharply while phone sales continue to free fall. For nigh
Parent alphabit came out with Quarterly Results after the bell and investors were not pleased. Let start with dow component microsoft. The Worlds Largest Software Company in the middle of a transition to become more of a Cloud Company missed on its latest Earnings Report. Microsoft earned 62 cents a share, 2 cents shy of estimates. Revenue was essentially in line at a shade over 22 billion. Shares initially fell more than 3 after the release. Dierdre bosa is in redmond, washington, with the thing investors should focus on. Reporter for microsoft its all about the rising cloud which has helped transition the company into a new era of Technology Faster than many had anticipated. But while Cloud Business is booming, it may not be enough to make up for a declining pc market which hit microsofts bottom line in the previous quarter through sales of its windows operating system. As for devices, diverging fortunes. Surface sales were up sharply while phone sales continue to free fall. For nigh
Today after forecasting a 6 to 12 drop in earnings in fiscal 2017. The question is how much of a warning sign is it for other retailers and what is it telling us about the economy . Thats not the only story today. Its not just about equities. Take a look at the tenyear yield. The beige book came out an hour ago and the markets really didnt like it in terms of the growth stories, so were back below 2 on the tenyear. The dollar index is now at a sevenweek low. The euro has moved to a sevenweek high against the dollar itself. Gold is now back above its 200day moving average for the First Time Since may with an almost 2 move higher today. One of the countrys largest mortgage lenders wells fargo reporting its results. Were going to get the cfos take on the housing market. John strewsberry coming up. Netflix will be reporting earnings after the bell tonight. Well tell you the number to watch for in that release, coming up later on closing bell. Courtney reagan, what more have we learned . Wa