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Passes the 50 mark. Earnings, earnings, earnings. Cisco shares down sitely despite beating despite beating the street. Company plans to lay off 7 of the work force. Well talk to Chuck Robbins. Walmart shares up after beating the streets estimates and boosting its outlook. Whats ahead for the company now that jet. Com is going to be in the mix. And a strange story coming out of brazil as two olympic swimmers are pulled off a plane while drive trying to leave that country. Live to rio for the latest on the lochte controversy. First up, walmart poised to open at a 52week high after reporting Second Quarter operating profit of 1. 7, nickel above, revenue above consensus. U. S. Comps positive for a eighth straight quarter up 1. 6 and raising their full year guidance. Traffic was up and i believe its best in eight quarters traffic, comps up 1. 6. Best in eight. Some of these initiat ....
Teammate, now conceding to nbc last night that his initial statement was a dramatic mischaracterization of what happened. The Surveillance Video obtained by the daily mail shows the swimmers returning to the Olympic Village just before 7 00 a. M. On sunday morning. The judge says it shows them seemingly unshaken and joking around after the alleged robbery. Lochtes lawyer tells cnn that video shows me nothing, it shows guys coming home at 6 00 or 7 00 in the morning and shows me theyre happy that theyre alive. Among the inconsistencies, the judge says lochte told police there was one robber while feigen says there were more. Brazilian police are now asking their taxi driver to come forward to verify their claims. All right, nic. This is really a startling series of events that came out of what seemed like a very obvious situation. Now, helping the notion of these guys may ....
That came off a 14 drop in july exports from a year ago. Part of that story is the strong yen. The dollar weakening across the board after yesterdays release of the minutes show that policymakers were divided on a near term Interest Rate hikes which has led most participates to think, were not going to see anything any time soon. Ive been ranting. Shes privy to all my ranting. Ive decided i got a new view. I want to get a job at the fed. All they need to do is either just spend all the time, what do you think, should we raise, i dont know, what do you think. Im worried, im worried. I dont think we should. I think we should. For years they do that. And they dont have to do anything else. Twidle their thumbs. Now i decide theyre one big composite of hamlet. Hamlet is like, i really should do something. To be or not to be something. Maybe i do, maybe i dont. If i do this would happen, if i dont, and they go through all this hand ringi ....
Second straight night following a Deadly Police shooting. Tragedy in louisiana, flood waters leave thousands homeless. Chaos in one of the nations busiest airports. Plus demanding answers from dc from your smartphone. The new app that makes it easier to contact your congressman and history in rio, the race ended up in another Golden Moment for track star usain bolt. Turns to the markets this morning. We will have more on that coming up. Hopefully you didnt stay up too late for that. Dow futures up 31 points, s p futures up 3, nasdaq futures up 9. In europe stocks have kicked off the week slightly higher. As you can see the dax in germany leading the gains there with the gain about 36 points. Turning to markets this morning in asia, overnight the major averages there seeing some mixed action. Japans nikkei was lower after the countrys gdp report missed estimate. And here with me ....