Average of the three. European markets this morning, lets take a look. We are in the whoa. Gave us a few more there. Look at that. They added italy and spain. Getting a little creative there in the old production booth. Thanks, guys. Always wanted to know whats going on there. But the three we look at are all down and there is the 10year note yield at 1. 52. Crude hanging there above 42. It has for the last few days as you also see brent. Lets get to our road map this morning. And it starts with the earnings out from yesterday from disney, which topped estimates, making a billion dollar streaming bet as well. We will take a look at the companys video plan and hear what ceo bob igor has up his sleeve. Major Retail Stocks on the move after earnings. How the retailers are handling the pressure that keeps up in that industry. And Michael Phelps making history last night. We will go live to rio and get carl to bring us up to date on all the latest action, including that amazing and very clo
Worst week in ten. Draghis comments dont add anything new. Rolls royce has a warning. Oil back below 44. Copper to a new sixyear low. Macys sending shockwaves through retail. Its not all brands. A big beat this morning from kohls. Well have an exclusive with john malone in a moment and apple reportedly diving further into payments. Pay pal and Google Wallet may be on notice today. First up, kohls up sharply on better than expected quarterly results. Comps up 1 . Retailers citing strong backtoschool sales. Comes after macys reported the weaker sales and guidance. Comps up better than estimated. Inventories up 5 but still sequentially better. The take is, given macys, this is pretty solid. There was a time when 1 comp growth would be something that i would turn to you and say, wow is that pathetic. People were looking for 1 comp growth and they gave it to us. Was it kohls has one advantage. They dont have a giant flagship store. Kohls is also trying to differentiate some of its products.
Divide at the Federal Reserve. But we do begin with fears about the worlds biggest retailer. Shares of walmart tanking right now after cutting its threeyear outlook. Were currently down by 8. 3 at 61. 16 a share. Walmart executives meeting with analysts at this hour, as we mentioned, and Courtney Reagan has all the details of it. Hi there. Walmart investor meeting, the analyst q a wrapping up, the group asking for more clarify on the warning on longterm guidance but not much more clarity was given. Executives highlighting that the Major Investments they continue to make for the earnings per share impact. Fiscal year 2016. Walmart now expecting sales growth to be flat due to Foreign Exchange impact. Also for 2016, reiterating the earnings per share guidance of 440 to 470 but 2017, thats when the he have yet guidance comes in. Eps down between 6 and 12 from prior year, walmarts guidance given. The impact really lies in the fiscal year 2017. Walmart says its the second year of heavy inves
We will talk about the business of the comics. My producers will once again try to stump me with tonights mystery guest. All of that and more. Let us get headlines from carol massar. Netflix out with its earnings after the close. The World Largest Online Subscription Service had income more than doubled. The stock is slightly higher in the afterhours trade. Texas instrument forecasting thirdquarter profits. The company is seeing demands in machinery and consumer electronics. The stock is down in the afterhours trade of. One stock that is jumping in the late trade is chipotle mexican grill, rising more than 10 . The reported results that beat estimates. Thank you. Another headline today is billionaire investor bill ackman. He is the head of Pershing Square Capital Management promising to reveal enron like fraud at the company herbalife. We interviewed him today. Eric joins me now. What is he contending . Let us just say that bill ackman has promised a lot. If he is going to liken it to
From our studios in new york city, this is charlie rose. A Malaysian Airlines jetliner was shot down over ukraine yesterday. It was traveling from amsterdam to kuala lumpur and was thought the plane was shot down by russian backed separatist in east ukraine using surface to air missiles. The president spoke earlier today. Here is what we know so far. Evidence indicates that the plane was shot down by a surfacetoair missile that was launched from an area that was controlled by russian backed separatist inside the ukraine. We also know that this is not the first time a plane has been shot down in eastern ukraine. They shut down the ukrainian transport plane and are bringing helicopters and claimed responsibility for shooting down the ukrainian fighter jet. It includes arms and training and heavy weapons. This was a global tragedy. It was filled with citizens from many countries. They endorsed this investigation and we hold the members to their word. Twice served as acting director and co