More cash to shairps shareholders. Sears shopping for buyers for its canadian unit. Eddie lampert making more changes to that retail empire and sony, negative results again. More record highs for the s p and dow despite the soft data. Will we see new highs today . Another acquisition for yahoo . Marissa mayer scoops up snap chat rival strategies by a thousand buys blink. Youll miss another one. Whatever that meant. I dont know what i just said. Alibaba liked it. First up, though, macys did report First Quarter earnings of 60 cents a share, Beat Estimates. Retailer says comp sales down 1. 6, hurt by the Winter Weather and macys earnings released Terry Lundgren says sales trends did improve in april when weather started to improve. Announcing a 25 Dividend Increase and boost in the share buyback. The story on m is margin control. Despite the decreasing comp held vndsers to the fire. Got operating margin, 7. 1, looking for 7, gross margin 38. 9. Thats in line. Did they squeeze toomey . I
For some economists, but stocks over there are in the green. Our roadmap begins with the coldest arctic blast in at least 20 years affecting more than half the nations population. Wreaking havoc on commutes, travel and businesses. And the s p meanwhile looking to avoid doing something it hasnt done in a very long time, that is, a fourth consecutive time since the start of the year. Morgan stanley downgrading netflix from underweight to equal weight. And scott cohen reports Jpmorgan Chase officials will avoid madoff related penalties and jury selection begins for the inside trading case for s. E. C. Capital Portfolio Manager Matthew Martoma. A deep freeze is gripping much of the u. S. Forcing businesses and schools to close canceling thousands of flights. Its one of the coldest arctic outbreaks since the 90s and its taking a toll on the midwest, the deep south and even the east. That news is sending natural gas futures higher, its the lead of the usa todays money section. Talking about
Point of earnings season. A good start. Earnings beat for microsoft, despite falling pc sales and once again, its all about the cloud. Amazon reports strong sales growth. Who cares about margins. Customers dont blink at a price hike for prime. Drum beat of new services continues. Analyst notes this morning are pressuring the stocks. Starbucks up, earnings as analysts expected. Exclusive with Howard Schultz ceo and chairman coming up, coffee, Digital Payments and why lunch is next. Ford is slipping despite strong sales. Profit did miss analyst estimates. Fords margins hit by higher production costs. Shares are dropping. Well hear from bob shanks. First up, microsoft did Beat Estimates by a nickel, fiscal had thirdquarter profit of 68 cents a share. Company was helped by momentum in Cloud Services as total commercial cloud revenue more than doubled in the period and last night during his first earnings call, nadella spoke about betting on the cloud. We will continue to invest in our clou
Back ecb measures like negative rates. Euro has fallen this morning on that news. Our road map with the record highs. Investors retaining their appetite for riskier names. Now what . At t and directv reports of deal talks now active and could be done in the next two weeks. And as we said, davids exclusive with ibms Ginni Rometty, a rare conversation about the companys future. First up, more market history for the bulls. The dow with a record closing high for a second consecutive session posting its first alltime intraday high in a month and the s p achieving a record high close of its own. Internet and biotech names helped the nasdaq jump 1. 8 in yesterdays session. Dow, jim, with a win today, thats five straight. We havent done that all year long. No. This is amazing because this bubble talk has presumed that what would happen is the nasdaq, the internet plays, highly valued momentum plays would bring down the dow. This pool of capital keeps going around. The analysts are making a sta
Conviction. Sometimes they sound so super intelligent, much smarter than i sound, right . Lets face that. Here on mad money were not about sounding smart. If it were, i probably wouldnt have so many sound effects. Were about trying to get it right, what to buy. Buy, buy, buy. What to sell. Sell, sell, sell. What direction the market is headed. You get these things right and its a heck of a lot easier to make money in all the markets. In all my 30 years plus in the investing business the easiest way to get it right is by working hard and being as rigorous as possible. Theres no trick. Theres not five simple rules that would make you a multimillionaire overnight. Thats all hogwash. If do you the work and practice real analytical rigor you might learn something that makes you a better investor. A better investor is one who simply makes more money than the other guy and thats the goal. For the better part of a decade ive been running my own Charitable Trust at actionalerts. Com with the he