Its been the worst performing stock in the dow for the last two years and its underperforming the index so far in 2015. Well talk to an ibm analyst later this hour and dont miss the ceo on cnbc talking about everything that had gone on during the presentation. The senate is set to vote today on a 40 billion spending bill aimed at preventing a partial shutdown of the department of homeland securitys funding because it will expire at midnight on friday if congress doesnt take action. Take a look at a couple of stocks to watch this morning. Salesforce is raising its revenue forecast pointing to demand for its Cloud Based Software and services. Workday results were in line with estimates and theyre giving upbeat revenue guidance. Earnings in revenue beating the street but the Parent Company of victorias secret offer light Current Quarter Profit Guidance and as a result the stock is trading low they are mork. Lets get a check on the markets this morning. Yesterday the markets were essential
Independent groups which we hired to figure out what would be the most vulnerable places and where the attacks would come from without us knowing about them. There was a basically, a process of replicating what might happen in an attack. We learned a great deal from this. The quantum dawn exercise occurred last july. We expect to do it again. The systems held up fairly well. We were reasonably accountable with the fact that the industry is doing a good job at trying to get ready for this type of a threat which we consider to be extraordinary. Is there anything you think regulators should do on the cybersecurity front . I think congress should do something. Congress has a responsibility to come up with decent cyber language which creates a proper sharing of information across agencies. This was a problem when i was there. We spent a fair amount of time on this. Those were the good old days. That is the way it should be today. Just kidding. [laughter] i didnt say that, barbara. Breaking
The u. S. To the downside by almost 3 . Macro data has largely missed today. Everything from China Services pmi to german factory orders. Our road map with alibaba. The ecommerce giant files for what could be the biggest internet ipo in history. A peek at chinas fast growing ecommerce market and one unusual company. Record earnings for disney. Frozen sales continue their hot streak. Disney chairman and ceo bob iger will join nous a cnbc exclusive. Shares of whole foods plunge down 17 this morning cutting their outlook, profit disappointing the street. Well hear from Ceo Walter Robb first on cnbc. Fed chair janet yellen will head to the hill about an hour from now. Is she going to move the markets . First up, alibabas filed for what could be the Largest Technology ipo in history. The offer could value the chinese ecommerce site at more than 100 billion, raise more than 16 billion which would top the amount that facebook raised at its 2012 ipo. Yahoo stake in alibaba worth about 26 billi
All right. Were back. Hello, welcome to Worldwide Exchange. Im ross westgate. And im kelly evans. These are your headlines from around the world. Heavy metal profits brings the first u. S. Company out of the gate with earnings season. But results will continue to be pressured by weak demand. Samsung electronics operates a fifth straight quarter, but sales flip. And government is on track for the austerity measures as Angela Merkel gives up for election. And aig just finished off paying off its massive bailout, but the company is now weighing on whether to sue the u. S. Government over that very rescue. Now 2013. Its been so long. How long has it been . Months. Better make the most of it, though. Two days. Yeah. Two days. Then its onward. Anyway, look, were here. I still dont know what time zone and country im in. There was snow, right . There was. It was beautiful. On todays show, we hone in on samsung in seoul. Im all frufterred because youre back. The electronic giant will expand its
Is whenever i have a chance to talk about this, they raise the question of ballot the candidates and why the United States are coming with the idea that pakistan has been the Nuclear Power in the vicinity that would be needed in order to be a part of this. This includes the safe haven of bin laden and those who would say that the future of pakistan doesnt look much better than the future of iran. And the other thing is the linkage between the Peace Process and the middle east. In the linkage he made was that the progress and the way that the association tried, it will be satisfactory and that will help us to move on lal we are negotiating this and they said that the linkage goes the other way around. And secretary john kerry is working so hard to achieve this and of course, we will achieve a certain effect on these negotiations with iran. [laughter] you know, there is a saying in politics that, you know, some of my friends believe strongly in this one position. And my other friends rea