Sir whats his name ran it for a while. Didnt seem to really howard stringer. He had to wear something for translation all the time. Yes. So he could understand the employees. Sony was the one thing that you thought even though you saw Everything Else japan was taking over the world 20 years ago. Of course. You really didnt think sonny would ever not be sony. Its really not sony. Its an incredible lesson about how a company that can be so hot right now right. You dont have a birth right to be the best at what you do. You need to innovate every single year. Every single year. You cant innovate 500 different products. What does sony what do you think about when you think about sony . Compact disk players. Betamax. Pfizer ceo ian read being grilled again. The journal has an interesting editorial about protectionism. Uk was the place that started the free flow of capital. London is the capital center. Its interesting at this point theyre making it so tough. Journal is an advocate of free tr
Point of earnings season. A good start. Earnings beat for microsoft, despite falling pc sales and once again, its all about the cloud. Amazon reports strong sales growth. Who cares about margins. Customers dont blink at a price hike for prime. Drum beat of new services continues. Analyst notes this morning are pressuring the stocks. Starbucks up, earnings as analysts expected. Exclusive with Howard Schultz ceo and chairman coming up, coffee, Digital Payments and why lunch is next. Ford is slipping despite strong sales. Profit did miss analyst estimates. Fords margins hit by higher production costs. Shares are dropping. Well hear from bob shanks. First up, microsoft did Beat Estimates by a nickel, fiscal had thirdquarter profit of 68 cents a share. Company was helped by momentum in Cloud Services as total commercial cloud revenue more than doubled in the period and last night during his first earnings call, nadella spoke about betting on the cloud. We will continue to invest in our clou
Gain since july and europe mixed for the time being. Our road map with more bad data from american retailers. Walmart sales and profits below estimates, kohls disappoints blaming on the weather or a weaker consumer. David tepper says theres a time to make money and a time to not lose money. Can you guess what time it is now . Cisco beats as sales fall. John chambers sends the stock higher. First up walmart did report numbers of 1. 10 a share, a nickel below, sales fell for a fifth consecutive quarter. The quarter forecast shy of consensus, weather shaved 3 cents a share off the q1 earnings, and kohls missed with quarterly results. Comps down 3. 4 , but walmart is the real story, jim. U. S. Comps down 1. 4, we were looking for a slightly positive number in this country. Comp traffic down 1. 4, really just not a great quarter. I like to scan these in preparation in coming up in the show and go over the release. Im looking for something positive, something that says double digit. So this
He made headlines all over the world. You can tell he really challenged president putin. Fascinating stuff. Sue is in the house today, and we will take you to petersburg very shortly. But first another big day for stocks. Lets look at the dow as we head into the long weekend. About a third of a period. The nasdaq up a half percent. 21point gain there. S p a third of a at 1899, and the russell reversing some recent losses, up about nine points right now. You know how i love the transports. You are a transport kind of girl. I love the rails the yield is 2. 534 . Our list of stocks that are moving big today starts with hewlettpackard. Pup 6. 75. Gamestop is up. Tripadviser, Discovery Communications and garmin also having significant percentage gains in todays trading day. Garmin up about 2. 3. Sue mentioned the russell and todays big gain there. Dominic chu has more on the debate regarding the small caps. Dom . They are such a hot topic, this idea that the small caps may be leading the ma
The 10year note rallying and yields going down, down, down. Argument now which one are you going to believe, the stock Market Equities or fixed income . Which trader . I like the bond traders myself. Melissa who do you like . Im with tom and simon. When you see the 10year not really budging that to you is telling you that the economy is still trudging along, flatlining here and in europe. So thats the issue i think. Melissa okay. Loose lips of the fed may have accounted for more than 200 million in illegal profits during the ben bernanke era. A new study suggesting that tapering decisions were being leaked early giving some trade arrest huge competitive edge. What do you think about this . There is no question this has been going on for decades, you think . Yes. Always rumored there is some information leaking out. They try to blame it on media. The media is in the little lockup room beforehand. Melissa the media is always at fault. I think somewhere in the whole chain from meeting and