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The premarket poised to open the at a new high as subscriber growth tops in less expectation. We will have the latest from ecb president , mario draghi as they approve austerity plans. These litigation charges at goldman. Weighing on the bottom line. First, netflix. Strong results for the Second Quarter. The company adding 3. 3 million subs. Stocks up over 11 . This is Reed Hastings last night on the companys earnings web cast. The stock was half this price. I described it as euphoric. Its a mystery to me. What we know cuss on is how to get incredible content, stream it beautifully and market it in every country. Im out of the Stock Commentary business. Maybe he should be. Stock now closing in on an 8,100 gain from the may, 2002 ip 0. It is ridiculous this is only up 11. This was the most dazzling call. When you have a ....
Power lunch starts right now welcome to power lunch. Im melissa lee. All three indices are hitting record highs dow is up by 93 points s p up by 1. 5. Nasdaq adding about 9 here we should note that the strength of boeing leading the dow and accounting for 120 points, hitting an alltime high, its boeing best day since 2009 this comes on the back of very strong earnings. At t posting strong gains following positive results amazon, expedia and akamai at a low and ibm at a sixyear low. Brian . The markets and the fed are where we begin today the fed is expected to leave things unchanged how hawkish is the key for you and your money as President Trump tells the wall street journal that he hopes chair janet yellen will keep stocks low for the foreseeable future stocks once again are higher Steve Liesman following the action in d. C. And bob pisani tracking the markets at the nyse i ....
Of Bank Earnings. Wells fargo, j. P. Morgan, citi all beating estimates, but its not all good news from those financials. Well dig through the reports and hear what the ceos are saying. The samsung saga continues. The company saying billions more in losses are expected. And now some airlines are using fire containment bags for overheating phones. Like an airsick bag . Are you kidding me . Wheres the tsa . And honeywell ceo telling jim on mad money last night he was astounded by the Market Reaction to the companys presentation earlier this month. Well get the latest. First up, wells fargo out of the first Earnings Report since the banks unauthorized account scandal. Quarterly results beating the street despite drop in net income. In the companys Earnings Release n ....
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. ....