Steady. Road map on a busy day for earnings including apple, coke and boeing. Apple surging in the premarket on the sfwheets more from the dnc. Less discord from inside the convention. President obama, joe biden and Vice President ial nominee tim kaine are on tap to speak today. Another tough quarter for twitter and jack dorsey, the stock plunging after results disappoint. What happens to the company next. But first up, apple shares are surging after the Company Reports a beat on the top and bottom line. Revenue did fall for the second straight quarter. Iphones saw the steepest sales decline year on year but that number was less than what the street was expecting. Analysts expecting an uptick in iphone sales when the new 7 is released later this year. Revenue guide not too bad. Jim, cost control, margin guide, okay. Yeah. I think there are probably people at home saying how could they have a huge decline and the stock run. The answer is in the number of iphones that they sold a lot of
Judge highs, low prices not helping the german economy. It begins with volatility in the market, russia fails to stabilize its currency. We do have it sparking in m a, buy iing towsman. Boeing ups its buyback. Cocacola updating the guidance for 2015. Below 2,000 for the first time. Russias central bank hiking rates 6 1 2 points. That has not stopped the ruble to sliding to record lows. The moscow stock market tumbling, all of this as the fed begins the twoday policy meeting today, which brings up an interesting point. If the discuss today, jim, is about considerable period, does the fed step on the gas here, when we know what that would do to emerging markets . The fed is very data friendly. They look at the things we are looking at. I i think the old fed before bebangie would ignore this stuff and say weve got to think about the next 5 to 10 years. This fed recognizes that the world doesnt work like that. I expect that there will be people who interpret yellen as saying that, look, sh
Conciliatory zone in the e. U. Meeting this week. Got good news in travel as well. Oils in the red. United airlines raising its fuel cost projections this morning. Well talk more about that. And the tenyear yield, a twoyear handle since january 8th. Oil lower as the iea offers a mixed outlook on the future. Shares of cocacola higher in the market after the company has expectations but is calling 2015 a transition year. Well tell what you that means. Cvs Health Higher than trade. And ceo said it was the right decision to stop selling tobacco products. First up futures rising in hopes for a greek debt agreement. A proposal for a sixmonth debt extension for greece as euro leaders get ready for the meeting tomorrow. Crudes down after the iae said there may be pressure. The greek meeting very interesting, jim. Remember i think were going to get a resolution which is a big stretchout. That is what weve seen period click with like the railroad that got in trouble in 1800. Weve seen stretchout
Lets get to our roadmap this morning right back here in the good old us of a. Twitter Major Concerns over user growth sending shares down sharply after the social Networks First Earnings Report as a Public Company. While twitter is slumping Green Mountain coffee seeing plenty of green, rallying after coke agreed to take a 10 stake in the company and help launch an athome cold beverage system. Shares of gm down a bit this morning after earnings and revenue were well below wall street estimates, although restructuring maybe a part of that. Gm january sales also fell 12 . That was thanks in large part to what they said was the bad weather. Of course we had that news earlier this week. All right, lets start with twitter. Shares are down sharply. Lets see. Right here i got 51. 26, 51. 34 bid despite posting betterthanexpected Fourth Quarter results in its First Financial report as a company. Concerns about the user growth is weighing on the stock. Twitter said it averaged 241 million monthl
Least one helicopter. There are cabots today on both sides. Plus a new report from Financial Advisers. Hi, ty. We start this hour with jobs in the usa. The market we actually may be muted for a couple reasons. Low participation, and the new violence in ukraine and the real threat of war. The s p 500 is still positive. Nasdaq is positive by about a tenth of a percent, and the russell 2000 is positive as well. The tenyear note, the yield is 2. 59 . Bob pisani, Kenny Polcari are standing by, but first, steve, that 288,000 created, enough to move the market, but its the Participation Rate, the lowest we have seen in some time, that seems to be a bigger social sure. Issue. I think this jobs report, at least the establishment side, the one that asks employers how many they hired, its Strong Enough to prompt what i think is a rethink of the economy, maybe even fed policy for some. Here are the numbers were talking about, 288k can a margin revision of plunging Unemployment Rate from the househ