Everything from the minicooper to the bluetooth headset, where the next frontier lies. Makers, ont bloomberg television. 10 00 in new york city, i have Erik Schatzker. I am stephanie ruhle, the last day you and i are both here they fear we had to europe. We had to europe. Earnings season, the parade continues, Goldman Sachs and citigroup. As usual. E winner scarlet fu has been keeping tabs. Citi had industrys first big mess. 82 senselessly adjusted earnings per share, below the consensus and fell short of lowest estimates. Revenues missed the mark, following versus last year and a third quarter. On trading was down 15 versus last year compared with flat at his peers. Is losing market share to peers. Guggenheim said citigroup depends more on fixed income currencies, commodities, trading and other money center banks. Investment banking was relatively weak, so far, we have been hearing about banks having higher fees because of dealmaking and ipos, at citi it was flat. Conference call high
Is he right . And how would the market react to that . And for target, it just keeps getting worse. Now presumably more than 100 million customers may have had their data breached. The security of it, in the past month or so. Sales have taken a hit. Earnings, a new warning from that company. Well have more on that. Meanwhile, sues at the nyse. The markets right now are down about 42 points on the trading session. But were watching that target story very closely. The shares right now are off just under a percent. In the last month, you have been seeing them go up and down extremely volatile in that stock. A spokesperson from target saying today the data breach is bigger than they thought. It may now impact, as you said, more than 100 million customers. A newly set of discovered breaches includes names, mailing addresses, phone numbers and email addresses. Investigators believe this indicates a second target data base may have been hacked. Target lowering its Fourth Quarter guidance to l
From our studios in new york city, this is charlie rose. [cheering and applause] wow. Good morning. A couple of bigger questions beyond apple. You once said to me at a conference, and i was ready to go introduce someone, i said, what do you think i should ask . You said, either facetiously or not, asking what comes after the internet. I remember telling you that. I remember your reaction. You went like this i wanted you to ask him because i wanted to hear what he was going to say. [laughter] i think you have to think about things like this. Sometimes in the valley, everyone can get so fixated on one thing and lots of companies pop up and do those things. You are not thinking about the next, next, next thing. It is something that we think about and i dont know what the answer is. I dont know what the answer is. We always have some ideas here and there. Give me one. I dont want to give you one. I dont want anyone to copy it. We have people that copy us and i dont want to help them. In th
From our studios in new york city, this is charlie rose. [cheering] wow. Good morning. A couple of bigger questions beyond apple. You once said to me at a conference, and i was ready to go introduce someone, i said, what do you think i should ask . You said, either facetiously or not, asking what comes after the internet. I remember telling you that. I remember your reaction. You went like this i wanted you to ask him because i wanted to hear what he was going to say. [laughter] i think you have to think about things like this. Valley,s in the everyone can get so fixated on one thing and lots of companies and do those things. You are not thinking about the next, next, next thing. It is something that we think about and i dont know what the answer is. I dont know what the answer is. We always have some ideas here and there. Give me one. I dont want to give you one. I dont want anyone to copy it. We have people that copy us and i dont want to help them. In this country, we had to because
Watch, and macs and so forth. So we run are very different company. I think everyone has to ask how do Companies Make their money, follow the money, and if theyre making money mainly by collecting gobs of personal data, i think you have a right to be worried. Charlie we conclude with yves behar, an trill designer. A good design has new ideas. There are new ideas that are how do we live more sustainably and how can technology be simpler and accessible to all and design can prove these things are possible. Bring them to theni world in a y they get accepted. Charlie tim cook and yvesni behar when we continue. And by bloomberg. A provider of multimedia news and Information Services worldwide. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. cheers and applause wow. Good morning cheers and applause charlie a cup of bigger questions beyond apple. Yes. Charlie you once said to me at a conference and i was about ready to go and interview some