He had an obvious win on his hans and he punted and didnt take advantage of it. Nasdaq gained. 03 . Accountability at last . The money manager in question was warren buffett, and maybe the take away is that only the worlds greatest investor can afford to make a mistake. Everyone else must be too secure to do the same thing, because theyre all making them. It rapt at everything buffet said over the weekend. When he told us what hes looking at, what hes thinking, way he he is a done right and whats done wrong. He and his team, including the incredibly youthful 994yearol charlie mugger particularly the companies he plat flat out acquires wholesale. Before he go over buffets selfadmitted gaffs. This is a man who believes in america, who believes the future is brighter than the past, and he likes business es he can buy for less than best of breed companies. He can afford to take his time and get it right. Because the penalties for getting it wrong are very high. He values hard work and smar
Lag last years reports. What that means for the markets. Softbank buying arm holdings for 32 billion in cash. Well give you the details, some insight and context on this massive deal. Republican National Convention kicks off in cleveland. Whats on the agenda and what surprises could be in store . But first up futures on the rise to kick off the week. The dow and s p near alltime highs. Markets largely shrugging off the attempted coup in turkey and on a busy week of earnings, b of a beating on the bottom line, 36 cents versus estimates of 33. Deposits up 5. 8. Some of the metrics not matching those of its peers, jim. But still, this is a grind out quarter. Return on equity, getting double digit. What i liked best about it, really, this is kind of interesting, this is a company thats well ahead in mobile and you have an amazing decline in branches from 6,000 to 4600. Yeah. And that is because people are rapidly adopting mobile. Interesting brick and mortar story where you have still one
Stocks. Crude awakenings. Oil is being shipped through the controversial Keystone Pipeline. Its not just refiners who can benefit but consumers as well. All that and more tonight on nightly Business Report for wednesday, january 22nd. Good evening, everyone. Netflix dazzled investors today with spectacular earnings after the market closed the Company Reported Fourth Quarter earnings 245 far exceeded forecasts, gaining many more subscribers than predicted. In the final three months of the year, netflix earned 79 cents a share. That was 13 cents more than estimates. Revenue also topped expectations. And then on totop of that the cy gave a very strong outlook. During tradings days it roh moohyun rose as much as 1. 5 . More on the results and what the companys predicting for the Current Quarter. Reporter netflix didnt just beat expectations on the top and bottom lines. The key number in focus, streaming subscribers, came in higher than projected as well with the addition of 2. 33 million u
Controversial Keystone Pipeline. Its not just refiners who can benefit but consumers as well. All that and more tonight on nightly Business Report for wednesday, january 22nd. Good evening, everyone. Netflix dazzled investors today with spectacular earnings after the market closed the Company Reported Fourth Quarter earnings 245 far exceeded forecasts, gaining many more subscribers than predicted. In the final three months of the year, netflix earned 79 cents a share. That was 13 cents more than estimates. Revenue also topped expectations. And then on totop of that the cy gave a very strong outlook. During tradings days it roh moohyun rose as much as 1. 5 . More on the results and what the companys predicting for the Current Quarter. Reporter netflix didnt just beat expectations on the top and bottom lines. The key number in focus, streaming subscribers, came in higher than projected as well with the addition of 2. 33 million u. S. Streaming subscribers and more than 1. 7 million overs
Controversial Keystone Pipeline. Its not just refiners who can benefit but consumers as well. All that and more tonight on nightly Business Report for wednesday, january 22nd. Good evening, everyone. Netflix dazzled investors today with spectacular earnings after the market closed the Company Reported Fourth Quarter earnings 245 far exceeded forecasts, gaining many more subscribers than predicted. In the final three months of the year, netflix earned 79 cents a share. That was 13 cents more than estimates. Revenue also topped expectations. And then on totop of that the cy gave a very strong outlook. During tradings days it roh moohyun rose as much as 1. 5 . More on the results and what the companys predicting for the Current Quarter. Reporter netflix didnt just beat expectations on the top and bottom lines. The key number in focus, streaming subscribers, came in higher than projected as well with the addition of 2. 33 million u. S. Streaming subscribers and more than 1. 7 million overs