Fix failing businesses. You would never be able to pay off that debt. I make tough decisions. You know, youre causing strife right now. And i back them up with my own cash. Will you take a credit card . Its not always pretty. We dont like the fact that you can say no. Go stand in the corner and shut the [bleep] up. But this is business. I want you to think before you talk. Are we clear . I do it to save jobs and i do it to make money. Thanks for your business. This the profit. [upbeat music] skullduggery is a toy manufacturer located in anaheim, california. Purchased as a fossil replicamaker in 1987 by pete koehl iii, skullduggery is now run by his two sons, steve. We got to make sure we make this fast enough, okay . And peter. They wont be ready to ship till tomorrow. Who have expanded the company into more traditional toys, such as race cars, helicopters, and cast and paint kits. [laughs] although skullduggery racked up 1. 6 million worth of sales, they still showed a net loss of 50,
Rules. And bazooka, remember the company that makes gum . It is looking to stay fresh in the candy business. All that and more over the next hour. But first, carol massar. The push to the cloud seems to be paying off. The thirdquarter net income was . 68 a share. The average estimate was . 63 in profit sales. 20. 4 million. Missing analyst estimates roughly for the Second Quarter will be breaking even the three cents a share. Analysts predicted a nickel a share. Amazon rose during its first quarter, limiting profit to . 23 a share on sales of 20 billion in line with analyst estimates. Back over to you. Lets learn more about amazon. Com. Jon erlichman is in los angeles. We also have the cofounder and chairman of media morph. And with details on the amazon tax, we have a researcher who is finance professor at ohio state university. He joins us from columbus, ohio. Jon erlichman, what went on in terms of the details of amazons business . We know that they have been willing to sacrifice sh
Sue is here in Englewood Cliffs today. I am, todd. Good to see you. Were going to start with possible signs of a downturn. Bob pisani has one piece of evidence. Jackie de angeles the other. Ice brent down 10 . Good afternoon, sue. Certainly not pretty when it comes to crude oil. Couple of factors here pushing these prices down. The first would be that Global Supply right now is surging. In opecs monthly report issued this morning, total output actually went up even though saudi arabia cut its production by 400,000 barrels a day. You have the libyan supply coming online to balance things out. In that same report, opec said its cutting by 50,000 barrels per day. When you look at the Energy Sector and the etf in energy, you can see there are declines there but they are less steep than the prices weve seen the declines weve seen in crude prices. Mentime in terms of the energy stocks, lets look at three months. Lets look at exxonmobil, chevron, and bp. Not as bad as the actual prices. And t
Been an escalation of the dispute between china and neighboring countries over the south china seas. Tensions surged after china put an oil rig in waters claimed by vietnam. The philippines says china is building an airstrip on a disputed island. Committed to rebalancing power, but not taking an official position. Partsiapacific region was of a discussion recently in the atlantic council, which focused on missile defense. You can watch that later today at 1 10 eastern. President obama is hosting the Fourth Annual white house science fair. More than 100 students from 30 states participated. This was started for your skill as part of the educate to innovate campaign, promoting math and science. Welcome to the white house science fair. I love this event. This is one of my favorite things all year long. I went to recognize people who worked hard to make this science fair happen and connect young people to science everyday. We have our secretary of education, arne duncan, here. [applause] n
For problems with the rollout of the health exchanges. Continue to breakdown. Connell we will go back live as things heat up in the q a, rich edson has been monitoring the whole thing and he joins us from washington d. C. With a latest on capitol hill. Rich she is confident by november 30th they will have a functioning web site but she did say when it comes to the miserably frustrating experience it has been for the rollout of healthcare about them that she is taking responsibility. Who is in charge, madam secretary . The person now in charge as an integrator is the base who was in charge . Up until who is the individual michele snider. Michele nighters the one responsible for this debacle. Excuse me. She says it is that process data to get rid of those Health Care Plan they now have to conform to obamacare standards making the more extensive. Dagen thank you for that. Rich edson in the capitol building. Kelley moore analysis in a moment but back to that hearing room, congressman phil