Ibm and netflix, both reported earnings today after the bell and the two companies have one thing in common investors are disappointed. First netflix. Shares falling and falling hard initially in afterhours trading. The Video Streaming Service says it wont add as many subscribers this quarter as expected. The reason, price increases. And on the other hand, the numbers for the most recent quarter werent bad. Not bad at all. In fact, the Company Earned 6 cents a share, doubling expectations of 3 cents a share. Revenue a little shy of estimates but up 24 from the prior year. It was, however, the subscriber forecast that got shareholders attention and pressured the stock, as you see there. Julia boorstin has more now on netflixs results. The key factor driving netflix lower, its Second Quarter projection which fell far short of expectations. The company says it expects to. 5 million new subscribers compared to wall street expectations it would add over 4 million new. With lower than expect
And good evening on this wednesday night. Im amy robach. David is off. As we come on the air tonight, the holiday noreaster affecting more than 40 million americans across the country. The storm hitting the east, unraveling travel plans from coast to coast. Long lines of passengers snaking through airports. More than 4,000 flights delayed. 700 canceled so far. Slick highways slowing traffic from the midwest all the wail east. Drivers struggling to stay on slippery roads. Shopping for thanksgiving dinner, even a struggle. Just ask this woman, draking her shopping cart through the snow in minnesota. Abcs david kerley starts us off at the airport. Reporter tonight, the perfect storm for thanksgiving travel earls has become a holiday headache for some. The noreaster causing thousands of delays. And with darkness comes freezing temperatures. Meaning later, more flights may be forced to deice. New york getting the worst of it. Causing a Ripple Effect of delays throughout the country. The yor
And good evening on this wednesday night. Im amy robach. David is off. As we come on the air tonight, the holiday noreaster affecting more than 40 million americans across the country. The storm hitting the east, unraveling travel plans from coast to coast. Long lines of passengers snaking through airports. More than 4,000 flights delayed. 700 canceled so far. Slick highways slowing traffic from the midwest all the wail east. Drivers struggling to stay on slippery roads. Shopping for thanksgiving dinner, even a struggle. Just ask this woman, draking her shopping cart through the snow in minnesota. Abcs david kerley starts us off at the airport. Reporter tonight, the perfect storm for thanksgiving travel earls has become a holiday headache for some. The noreaster causing thousands of delays. And with darkness comes freezing temperatures. Meaning later, more flights may be forced to deice. New york getting the worst of it. Causing a Ripple Effect of delays throughout the country. The yor
This is real money and you are part of the show. Joint the conversation is the five years after a worldwide economic downturn the risk of financial implosion to america and the globe subsided. In our interconnected world there are growing Political Risks that can damage your posterity. Here are three you need to Pay Attention to the escalatining crisis of russia with the ukraine appears to pull it into recession, if it happens, its not clear that it will, it will be felt beyond that country. Investors are pulling as much as 70 billion out of the country as fears of sanctions set in. Russia today is the secondlargest exporter of natural gas in the world, and, number three, when it comes to oil. Russia is not the only threat to the global economy. Mass protests by growing and assertive middle classes in venezuela, turkey and brazil is challenging the order. The unrest led to currency controls and emergency Interest Rate hikes, moves that make markets jittery. Each country has challenges,
This is real money. Youre an important part of the show. Join us at twitter and facebook. Com aj real money. Five years after a worldwide economic down turn. The risk of implosion to america and the globe has subsided considerably. But in our inter connected world there are growing Political Risks that can still do damage to your prosperity. Here are three that you need to Pay Attention to. The escalating crisis over ukraine appears to be pushing russian economy which is the eighth largest economy in the world into recession. If that happens, and its not entirely clear that it will happen, but if it happens the effect of a recession in russia will be felt far beyond that countrys borders. Were seeing investors pulling 70 billion out of the country as fears of tighter sanction from the west set in. Russias retaliation for that could disrupt world energy markets. You heard me say it again. Russia today is the second largest exporter of natural gas in the world. Its the Third Largest when