Traditional Media Companies. All of that ahead on bloomberg west. Zynga shares are down in extended trading. Secondquarter sales and earnings per share beat the street, but monthly active users continue to drop. Joining us is Chris Paul Mary in l. A. , and dan the cofounder of molecular in chicago and lewis on the phone. Chris, i will start with you. 100 million users last quarter down to 83 million this quarter. That sounds significant. Chris it does sound bad, but part of mark p givess strategy mark he gpinkuss strategy is that there are not as many games available for players. Emily he returned to the company in april. What sort of lose to you get about how he will turn his company around, or if it is even possible . Chris i think it will be it has been a tough slog. I think they are focused on some core franchises and some core genres that make sense to me, but it is difficult because they are relatively late to the mobile game and its hard to make headway. Other companies are alre
Case ifespecially the you look at currency markets. Absolutely nothing happening. Yields, fixed income, fairly mixed in the broad market. Let me mention malaysia, we are down about three fourths of 1 . The only market thats actually spiking up. Oil prices remain subdued. Forecastersot of thinking that the currency will weaken further. Last i checked, the koc i was roughly at 1680. About 10 points above the december 2014 low. That takes us back all the way to early 2013. Several cities in taiwan will be closing offices, 6 00 p. M. Is evening local time as the typhoon approaches. Lly a category two currently a category two. It is expected to be upgraded when it makes landfall. It was 550 kilometers about an hour ago. Southwest of naha in okinawa. Stay safe, stay dry. China Railway Signal making a slightly positive trading debut in hong kong. The first major listing since the stock route. Tell me how it all went in the end. It was a pretty exciting day here at the Hong Kong Stock Exchange
P. M. Tonight. They are setting up barricades especially along the parks. Lets look at your weather. It is actually clearing up a little bit, kari . Are my eyes deceiving me . Its clearing up for now, but well see those clouds lower as we go into tonight. Our High Temperature at 64 degrees for San Francisco, concord 89 degrees, 81 degrees in napa and santa rosa 85. There will be Fireworks Shows going on all around the bay area, and some of the spots where it will be clear will be some of the interior valleys where well see those temperatures in concord starting out at 84 degrees, in time for the festival. Make sure you stay hydrated, find some shade if possible and enjoy your time out there. Fireworks at 9 00. Well be at 67 degrees there. The problem has been the low clouds and fog in San Francisco and weve seen it lift as of now over the golden gate bridge. But then as we go into tonight, once again the fog rolls back in. Our temperatures dropping back into the mid50s and it will be c
Were talking about a tenth of an inch or less. Then maybe a quarter of an inch rounding out the day tomorrow. That will be the first storm. In fact, that first one for tonight and tomorrow kind of weak. The one behind it fork for the weekend will pack some punch with strorng winds and heavy rain. Here is the first storm system moving in tonight and into tomorrow. Well time this out. As we zoom in closer today its all about the clouds increasing. We wont see any showers until the sun goes down. Around 11 00 p. M. , the north bay will see the showers first, some of those yellows denote some of the heavier rain. A after midnight the rest of the bay will see the showers. It continues tomorrow and friday. We get ready for a bigger storm system this weekend. Well talk about that coming up in about 15 minutes. We know we need it. You can track the storm in the palm of your hand with our nbc bay area app. Get to our live Doppler Radar or get your personalized forecast for where you live. Our a
Plunge in home prices we have all that and more tonight on nightly Business Report for wednesday, april 23rd. Good evening everyone, im susie gharib. And im Bill Griffith in for tyler mathisen. We begin with huge news for apple which just released the Second Quarter earnings, now announcing plans to buy back shares, raising the dividends by 8 . And then the surprise, a 7 for 1 stock slip which would make shares about 7 apiece. Apple beat wall street estimates by taking in 11. 62 a share, with profits up 7 , revenues also beat on sales of iphone, but sales of ipad tablets were below forecast. Shares were halted in late trade on apple pending release, but when they opened after the close shares initially soared by about 7 , josh lipton joins us outside headquarters in cupertino, california, and also spoke to ceo tim cook earlier today. Josh . Reporter yes, here in cupertino, california, i did get the chance to speak to ceo tim cook this afternoon just to run through the numbers, apple re