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On the top line with revenues, beat on revenues but missed on the bottom line by as single penny. This brings the focus to the entire Dow Jones Industrial average which appears to be the lone standout at this hour when it comes to the major indices. That is largely on the backs of some plastic many of us carry in our wallets and that is American Express. And max next to intel reporting earnings after the bill came out with numbers the market loved if you were watching fox business, you knew it was a big beat. Shares of American Express jumped in 4. 5 and that is spilling over to one of its rivals. This is really a company that gets a fee no matter what anybody is charging. Visa is moving higher by 41 3 . Morgan stanley was the last of the big banks to report earnings overall while profit fell by 70 . Excluding ....
At 29. 64. A two yearearlier in the the. We will bring charlie down here a little later. Charlie moved around the holidays blurting out things about Morgan Stanley. He will bullard out more. He has fought on morgan and goldman which he articulated a couple the isabella of the New York Times and every other Business Network. He is helping investors lose you mix and really. Traders make people money every the. The cme group and the dax with Nicole Petallides at stock exchange. We have a big the protect gains, the nasdaq looking extraordinarily healthy. Lets talk about amazon. Very nice. Nicole you will do a lot done that and that is exciting. How about amazon, the nasdaq sitting at a 13 year high. Amazon hit a new high of 3. 31, year to date over 31 . Why did jum ....
We will see highs in the 60s. There are going to be minor changes and i will have a look picture 7 day around the bay coming up. We are seeing more traffic today that we saw in the past couple weeks. It is still not a horrible commute the metering lights have not been activated. So far most of the heavy traffic is on interstate 580 in the westbound direction. The rest of the bay is still enjoying light traffic for red developing story out of San Francisco this morning. Where police are investigating a deadly this happened. Near market and octavia streets in the developing in of oakland this morning. Where 13 year old jahi mcmath is no longer in the hospital. The brain dead girl was removed from Childrens Hospital oakland late last night to an undisclosed facility. Kron 4s will tran has been following this story for weeks and joins us now with the latest developments. They ....
Those could help the biggest names in the business to determine their future, exclusive details from Senior Correspondent charlie gasparino. What are you hearing . Positive for the banks. I dont know if jpmorgan is going to increase its dividend. We talk to our guests about that later on. They came out and released what their dividend is thursday, a precursor that they are not going to do that. Jamie dimon like to do a buyback. Here is the thing that is more interesting, the fed will be raising rates, that is the take away from what happened with janet yellen yesterday and it is good for bank stocks. Lower rates for bank stocks, higher rates are good for bank stocks. James gorman of Morgan Stanley says when they raise rates it will be good for their Brokerage Department and they will make a lot of money becau ....
Be a revelation. And Stephen Marley, son of reggae legend bob marley is out with a new album. We will talk about the is ms. Of being marley and all of that in the risk hour. In the next hour. Thets not everyday you get ceo of green hill here and we have rob gilbert. Rangers legend. Not even a rangers fan. I am. Lets get on to the breaking news after hours. Su keenan, what is the latest question were shares of netflix are soaring in extended trading. The company else it will start charging customers, new customers one or two dollars more a month for an online via service. They reported first order sales and subscriber growth that beat analyst forecast. Meanwhile, late word out this afternoon at bill ackman is set to be teaming up for a takeover. F allergan he owns a stake of nearly 10 . And forbes will name a mark as ceo of his that according to two people familiar with the pending announcement. Back to you. Lets get more on netfli ....