Asiapacific, we dont walls really and the rally on the street of dreams helping things along. I thought it was las vegas but a recap of wall street, the u. S. Markets closed today. Asia shipping shaping up well. We do have inflation data out of australia, a clear drop from november. The reason why you are seeing yields, very low. Japan has factory output an initial gauges aluminum stockpiles reaching a record. You look at the inventory. Up nine or 10 9 or 10 yearbyyear. Three stocks i want to mention, sharp. They lost stock price, taking us back to 2012. Full year, not good, they are expected to miss the forecast. Both of these stocks were raised. Bmv saying about komatsu a good time before their thirdquarter results. Which is the 28th of january. I want to wrap up what is happening in australia, you have a rally of 1. 2 . Macquarie with earnings up for financials as a whole. The week aussie dollar helping things weak aussie helping things. 10 or 20 10 or 20 improvement in profit. Goal
Losing streak to finish on a positive. In the meantime though, more fallout from the swiss currency mess. Now some Retail Investors may be getting hit hard with no safety net. Well explain whats going on and show you how the impact there is much wider than the swiss franc. Oil rallying today but still solidly below 50 a barrel. Though you might not want to get comfortable with that too much. We have chris with us today from moodys. He says he sees oil back at 80 again and soon. What would drive it back to that point . You dont want to miss this interview later on the closing bell. Consider me dubious. I want to hear what he has to say. Nobody thought wed be this low in the first place but thats how markets work. We are up 101 points on the dow in the final hour of trade. The s p bouncing back nicely as well, up 16 points. Back above the 2,000 mark. And that nasdaq take a look. You have similar gains across the s p and nasdaq. The nasdaq adding 37 points. It is the third friday of the m
Im bill griffeth. Tyler and sue are off tonight. Ibm with better than expected earnings with a fast growing Cloud Computing business and Security Software and despite decreasing demand for its servers and storage products, here are the numbers that came out. Adjusted earnings 5. 70 a share, topping analysts forecast by 7 cents and fell from a year ago to 24 billion. That just missed wall street forecast. Shares initially higher in late trade on the news but then turned negative on weaker than expected forecast guidance for the full year. Bertha coombs joins us from the nasdaq with one big takeaway from ibms report. Reporter bill the big takeaway that ibm getting smaller. The company went from over a billion shares at the end of 2013 and as of december 31st they had 991 million shares. People said as their year over year revenues declined for seven straight quarters over the watch right now, the thing thats helped them on the bottom line is the Share Buyback and share reduction. Some pe
Im bill griffeth. Tyler and sue are off tonight. Ibm with better than expected earnings with a fast growing Cloud Computing business and Security Software and despite decreasing demand for its servers and storage products, here are the numbers that came out. Adjusted earnings 5. 70 a share, topping analysts forecast by 7 cents and fell from a year ago to 24 billion. That just missed wall street forecast. Shares initially higher in late trade on the news but then turned negative on weaker than expected forecast guidance for the full year. Bertha coombs joins us from the nasdaq with one big takeaway from ibms report. Reporter bill the big takeaway that ibm getting smaller. The company went from over a billion shares at the end of 2013 and as of december 31st they had 991 million shares. People said as their year over year revenues declined for seven straight quarters over the watch right now, the thing thats helped them on the bottom line is the Share Buyback and share reduction. Some pe
Early conclusion of the tpp. Furthermore, on the aiib aiib in asia theres a tremendous demand for infrastructure. And the Financial System to respond to this is very important. On this recognition we see eye to eye 2009 china and myself and i think this is a point on which we see eye to eye between many countries. For japan to participate in the aiib is a decision which we have not taken yet. But to create such an enormous financial institution. And since this will have an enormous impact on Asian Countries as fair governance is necessary of the institution. In particular the board to review individual projects and to approve of this is indispensable. And sustainability. And the environment and society. And the impact of this should be considered. We need to secure this. Its not only about the lenders, but the borrowing nation zs. For example, various Infrastructure Projects may not be sustainable. It might have too much of a burden on the environment. If this is the case this will bri