Get cash too. Its a big deal for the Energy Business and we have a very big morning on tap, carl. It will be just as the sun comes up. Yeah, guys were coming to you from a Conference Room called aviary at twitter headquarters. Dick costolo is with me. In a moment well talk about the quarter, talk about everything that happened in the course of that quarter and, of course, stock poised to open lower today as people are focusing on on that user growth. Well get to it with dick in just a minute. Yes. In fact, an important interview. Twitter reporting better than expected firstquarter results. Revenue more than doubled but as carl referenced stock down sharply after user growth short of wall street forecasts. Jim, were going to hear from the man himself and entertain many of the key questions investors have this morning. In speaking to a couple shareholders or former shareholders user Growth Continues to be at the center of concern. Weve been mentioning since the company went public which
O out. France is 1. 71 and italy is 2. 799 . Thats what you get for lend your money to the u. S. Government for ten years. How about those oil prices, though . Thats the story over the last couple of days as we watch iraq perhaps split into three different sections, civil war raging. There is a look at wti and brent crude as of this morning. Lets get to our road map this morning, as well. We start with the markets. A lot to contend with trying to regain ground. The cow hitting its second digit in iraq. Intel raises revenue guidance on stronger business, pc sales. The pc is not yet dead. Several firms raise their price targets in reaction to the news. And table for two, priceline to buy opentable, 2. 6 billion or 103 a share in cash. A significant premium over a stock that has been fading at 7 bucks a share is where it was. Lets talk oil prices. Lets talk the markets here to start off the show. They are moving higher. You sour worries about escalating violence in iraq. Militants have ca
Week. You can see moving up a bit, though, of course, after hitting 2. 44 not that long ago, 2. 40 not that long ago. Still less money if you give your money to spain for ten years or france and not much more if you give it to italy. The turning report the jobs report last friday. Since then we saw treasuries sell off, yields go up. This morning the data not too hot. Lets give a look at Oil Prices Rising concerns about unrest in iraq. Perhaps the idea that the islamists are as much as only 70 miles outside of baghdad, a scary situation developing there but having an impact as you see on crude prices. To our road map here back in the states with the markets, thats where were going to start. Stocks breaking their winning streak. Jobless claims missed and global uncertainty as i mentioned is returning to the headlines. David, amazon streams, a new perk for amazon prime. And new competition for beats, spotify and pandora. Lululemon profit lunges. Lowers forecast for sales and profit. The s
My take is dont get too excited. Why . Because we just found out why weve been going up. Weve been going up, s p, people trying to figure out why. You have good employment. You have workforce growth and the hours not that great because of the weather, but i think you say to yourself, well, why is the s p going up every day . Oh, employment has gotten better and thats a major switch would it shock me if the market takes some profits in this . No, because its been going up on anticipation of something good and then we got the big enchilada good. I kind of like it. The s p has rallied the past ten jobs fridays in a row. Some say thats a ridiculous metric, but maybe its time for a reversion to the mean. No metrics are ridiculous if they just look, i forgot to wish the bull market happy birthday. Of course, it never happened, you know that . You know the bull market has never happened. Jim has been on a tear lately of the haters of this market, right . Yes. The haters will have to asterisk
Months. Our road map results with boeing, more planes delivered while cost cutting is paying off. A tale of two markets. U. S. Results disappoint. Weather had an impact. What about the waffle taco . Gilead beats, amgen dropping after the steep selloff in biotech stocks, is the worst over or just beginning . Is it legal . It is. Is it front running some were going to hear from bill ackman on his host still takeover tactic teaming up with valeant to bid for allergan. Exclusive comment from activist carl icahn. Lot of numbers. Boeing reporting earnings 1. 76 did Beat Estimates helped by an improvement in Profit Margins but when raising their full year Earnings Guidance and Procter Gamble reporting a Quarterly Earnings beat slight revenue miss. The cfo on squawk box this morning. Global growth in our product categories is about 3 . We maintain mark share in the quarter we had and consumers around the world remain very responsive to value creative innovation like laundry products, like some