That was two cents above estimates. Revenue slightly shy of consensus at about 17. 7 billion. The companys projecting samestore sales growth of about 4. 6 . For 2014. Not 4. 5 or 4. 7. I dont think theyve got that kind of visibility. But probably averaging it out. And it l announced a 21 Dividend Increase to 47 cents a share. And i know you might ask what is the dividend . What is the yield on home depot right now so i know whether thats a good yield . Its 1. 56, had been, and it was yielding 2 at that point. So a little bit over 2 . Whats that . Increasing at 21 . Could someone give a shot of so lets call it 2. 4 now, then. Excellent. Excellent. 47 cents a share. Its interesting, im just looking through the release. They dont say anything about weather because thats been one of the huge you think for them for all these retailers is what happens with weather, how it impacted you go to home depot to get stuff to fix your roof and to fix all the stuff that messes up because of the weathe
Really make it happen. But quarter after quarter the company has been able to deliver with a surprise when it came to sales for pcs which we know are in decline but perhaps not quite as much decline as wed anticipated particularly on the commercial side on notebooks where they choed real strength. That did help the quarter and on the revenue side, printing went fairly well. They did come ahead on revenues and on profit. One of my favorite notes Morgan Stanley saying they are achieving the impossible keeping expectations low while increasing revenue and cutting costs and investing and so forth and cash as well. Well talk a lot about that with meg in a minute. The futures are up a touch which means the s p could post its first threeweek win streak in three months. Meantime, were keeping our eye on the tenyear yield and overnight in asia the nikkei was almost up 3 as the markets liked the manufacturing data out of the u. S. Yesterday. First up, though, ukraines government said a tentative
Now that the hockey match is over, a lot of people are focusing their attention on whats happening in ukraine. Plus more fallout of facebooks shocking acquisition. Kevin oleary said he might short facebook because of the deal. Coming up, a major facebook investor is here to tell us why he sold every share he owned. In a word hes now a zucker bear. His word, not ours. Bank ceos back in the media glare as the president complains about a minimum wage he says is too low. Bank heads are getting big fat raises. How big . Well, Kayla Tausche will be here with the numbers. Here is where we stand in the markets. The dow a off 10 points. The s p just fractionally lower. The nasdaq is just barely positive, up about one point, 4,269 is the level as we have watched it at its highest levels since the year 2000. And the s p 500 despite turning slightly lower is only 9 points off its closing high. How many times can we test that high again before it fails . Well keep an eye on that. Okay, kids, gather
Who are they that just became overnight billion sglars this morning they are rich beyond most peoples wildest dreams. And the movie austin powers may have said it best. It theres two things he said i hate, its racists and the dutch. The dutch speedskating coach making dramatic statements about the good old usa right here on cnbc. Listen. Skating you have to believe in yourself, like american always do, americans always believe that theyre right, always believe that they are the best. Yeah . But thats not true. All right. Hes a firekraeshg pfirecracke coach. Wait until you hear what he had to say about american football. Sue is on holiday. Kayla at the new york stock exchange. Welcome. Down to new a minute. Meantime, lets go to this developing story. Portia taking an amazing step telling drivers not to drive the gt3. A serious fire risk there, phil ba lowe live in chicago. Tell us about it. Reporter doesnt happen often. When a company says stop driving immediately, people take notice. T
Moscow are obviously watching the situation very carefully on that epicenter of resistance after a night of street battles between protesters. The pictures are amazing. Theyre throwing stones, clubs, molitov cocktails, all of them trying to hold their grounds in those hours but being slowly pushed back this morning by riot police themselves using flash bangs or stun grenades and water cann cannons. Much of the square, more than half of it, while some protesters seem to have taken refuge behind reinforced barricades and behind their bonfires. The number of injured is in the 200s. We understand some 250 seriously wounded are being treated in the hospitals. Also, one local ukrainian journalist has reportedly been shot and killed in that melee, as well. Becky, back to you. One of the questions we wonder and youre watching from moscow where they are keeping track of the situation closely, is there a sense that anyone else might get involved in this or is this people watching from afar still