From Raymond James to get his quick take on the street Google Properties revenue, thaep thats the properties the company owns and operates, 19 to 28. 7 billion that was above what kessler was looking for. Operating expenses were higherx. Ruth porat said there were some unusual items and pointed out 545 million expense related to a legal settlement in france also called out some unrealized losses tied to certain venture investments, although she declined to say which ones switching gears a bit, i asked her about competition. We just heard from amazon. Their ad business is growing very strongly. I asked her how much of a threat she thought amazon was she thought the online ad market continues to grow and her point is it doesnt have to be one winner, its not winner take all. I asked her about wamo as well the team at Morgan Stanley cut their valuation by 40 in part because they said the industry is moving toward commercialization slower than expected i asked ruth porat whether commerciali
Things around for that group. And anadarko withdrawing its offer to buy apache, but others could be in play. We have a special report coming up. The ipad pro has officially been launched today. I want to know about the keyboard. Kelly wants to know about the pencil. We have someone who says tablet is too big to fail. A loaded description. And Harry Connick jr. Will join us here at the New York Stock Exchange to talk about veterans day, his latest album and the changing Music Industry. Hell be ringing the closing bell shortly. Looking forward to that. Well start with macys and jcpenn jcpenney. Courtney reagan has the retail detail for us. Macys results dragging down most of the Retail Sector today. While its earnings beat it, you see shares plunge, down more than 14 . On squawk box this morning, macys Ceo Terry Lundgren said he was disappointed with the quarter sales. Some of macys highest volume and most profitable stores. And unseasonably warm weather. Lundgren says macys will focus o
And one luxury watchmaker gives us his view on the apple watch. Also, the glock gun is one of the most historic firearms ever made. We look inside the family drama behind this wellknown brand. And i will sit down with legendary historic musician sam moore, the ultimate soulman. All that and more over the next hour. First, lets get headlines from shelby holliday. It was a historic day for alibaba. The stock rose more than 38 . The valuation is larger than amazon and ebay combined, and more valuable than all but 10 companies in the s p 500. Founder jack ma was on the floor of the exchange today and discussed growth. Very important is we want to build a company, not by a company. We want to make sure our ecosystem helps small guys. Anything that can help Small Business grow, we will consider. Ma is now chinas richest man, with an estimated net worth of 21. 9 billion. The nfl commissioner promised that the league will get its house in order. He rejected calls for resignation and said the l
Money. This is real money, and you are the most important part of the show. Tweet me at ali velshi or hit me up on facebook. Com. Violence between israelis and palestinians is stunning in cairo. Reports of rocket fire out of gaza hitting central and southern israel broke a week along truce of fighting. It targeted tel avivs International Airport and israel has been hitting back with airstrikes throughout the gaza strip. Palestinians said two were killed and more than 20 wounded in separate attacks. Todays violence broke out hours before the latest ceasefire on the ground was due to ex fire. A blow to the egyptian efforts to mediate a longer truce between both sides. Whats there, with the renewed violence flaring up today, a longterm truce, fears that it will break down completely in cairo. And for now, theyre suspended. Israel has left cairo and theyre not continuing the negotiations, but israel has insisted on dismantling hamas, and palestinians are demanding that israel lifts its air
Do about it. Im ali velshi and this is real money. This is real money, and you are the most important part of the show. Tweet me at ali velshi or hit me up on facebook. Com. Violence between israelis and palestinians is stunning in cairo. Reports of rocket fire out of gaza hitting central and southern israel broke a week along truce of fighting. It targeted tel avivs International Airport and israel has been hitting back with airstrikes throughout the gaza strip. Palestinians said two were killed and more than 20 wounded in separate attacks. Todays violence broke out hours before the latest ceasefire on the ground was due to ex fire. A blow to the egyptian efforts to mediate a longer truce between both sides. Whats there, with the renewed violence flaring up today, a longterm truce, fears that it will break down completely in cairo. And for now, theyre suspended. Israel has left cairo and theyre not continuing the negotiations, but israel has insisted on dismantling hamas, and palestin