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Silicon valley. I will also speak to the guy who designed the new campus. First of breaking news. Etsy is out with its first earnings report. Shares are plummeting. The company is warning currency values may hurt buying behavior outside the united states. At sea has etsy has had a bumpy ride since the ipo a month ago. Shares have lost a lot of value. They are down 30 from a 30 high on april 16. On top of all this they have been hit by a lawsuit. Accusing them of selling counterfeit goods. I bring in leslie picker to being in the numbers. What is the take away today . It seems surprising. Reporter the rule of thumb is when you have an ipo, make sure you have one quarter of earnings in the bag. That is not what at the etsy did here. They missed on earnings. Revenue came in almost exactly where analysts were estimating. This is something for a company that has already been overvalued relative to peers, missing firstquarter earnings is not a good sign. Emily how big a problem is the curren ....
All of that and more ahead. First to breaking news. Etsy is out with its first earnings report. Shares are plummeting. The company is warning currency values may hurt buying behavior outside the united states. Etsy has had a bumpy ride since its ipo a month ago. Shares have lost a lot of value. They are down 30 from a 30 high on april 16. On top of all this they have been hit by a lawsuit. Accusing them of selling counterfeit goods. I bring in leslie picker to being in the numbers. What is the take away today . It seems surprising. Leslie the rule of thumb is when you have an ipo, make sure you have one quarter of earnings in the bag. That is not what etsy did here. As you said they missed on earnings. Revenue came in almost exactly where analysts were estimating. This is something for a company that has already been overvalued relative to peers, missing firstquarter earnings is not a good sign. Emily how big a problem is the currency issue . Leslie its interesting because during their ....
Jean eugene scott is a msnbc contribu contributor, and reporter for washington post. And so, lets get to you, bet betsy, with the president s newest attorney Rudy Giuliani going on fox news and changing what we knew this week. Yes, it was a softball on fox news reporter, and he not only said that the president knew about the payments of Stormy Daniels, but that the president had paid him back to recompensate him back for the payments he made. That is a shock allegation, and also came on the first day that emmitt flood, a lowkey, but extraordinarily well powerhouse Washington Attorney joined the president s inside white house legal team. And emmitt flood certainly had a interesting first day on the job, and in the wake of that, we saw a number of different responses from the white house, and ultimately the white house ....
Viva Energy Group Ltd. (AU:VEA) has released an update. Viva Energy Group Ltd has announced a change in the interests of director Scott Wyatt, who . ....