Averages end the day sharply higher but we begin tonight with some big after the bell earnings reports from names like amazon and visa. First, a rare top and bottom line miss from google after a surprise drop in user clicks on online ads. The Search Company took in 6. 88 per share after adjustments, well below the wall street estimate of 7. 11 a share. Revenues grew 15 and were just shy of 18 billion, but again, that was short of forecast. Shares of google one of the highest stocks in mutual funds initially dipped but then higher after hours. Bertha coombs joins us with one big takeaway from the firms results. Good evening, bertha. Good evening, sue. What we see from Big Tech Companies like google is that mobile is really what matters and you need to have engagement with people on their mobile phones and thats where youre going to sell them advertising. Although initially lower, shares are getting a bit of a boost as the executives on the Conference Call seem to be saying hey, we get i
Averages end the day sharply higher but we begin tonight with some big after the bell earnings reports from names like amazon and visa. First, a rare top and bottom line miss from google after a surprise drop in user clicks on online ads. The Search Company took in 6. 88 per share after adjustments, well below the wall street estimate of 7. 11 a share. Revenues grew 15 and were just shy of 18 billion, but again, that was short of forecast. Shares of google one of the highest stocks in mutual funds initially dipped but then higher after hours. Bertha coombs joins us with one big takeaway from the firms results. Good evening, bertha. Good evening, sue. What we see from Big Tech Companies like google is that mobile is really what matters and you need to have engagement with people on their mobile phones and thats where youre going to sell them advertising. Although initially lower, shares are getting a bit of a boost as the executives on the Conference Call seem to be saying hey, we get i
Averages end the day sharply higher but we begin tonight with some big after the bell earnings reports from names like amazon and visa. First, a rare top and bottom line miss from google after a surprise drop in user clicks on online ads. The Search Company took in 6. 88 per share after adjustments, well below the wall street estimate of 7. 11 a share. Revenues grew 15 and were just shy of 18 billion, but again, that was short of forecast. Shares of google one of the highest stocks in mutual funds initially dipped but then higher after hours. Bertha coombs joins us with one big takeaway from the firms results. Good evening, bertha. Good evening, sue. What we see from Big Tech Companies like google is that mobile is really what matters and you need to have engagement with people on their mobile phones and thats where youre going to sell them advertising. Although initially lower, shares are getting a bit of a boost as the executives on the Conference Call seem to be saying hey, we get i
Study says the prices on Health Care Exchanges are pretty good and thats making Companies Take notice. Change is in the air. All of that and more on nightly Business Report for thursday january 30th. Good evening, the u. S. Economy is growing, earnings are coming in strong and that inspires investors to buy stocks today. Stocks came roaring back on news of the u. S. Economy grew at 3. 2 in the final three months of 2013. It was one of the strongest quarters in eight years. And credit goes to solid spending by consumers and businesses and jump in exports. Another batch of healthy earnings contributed to the rally. Today was the busiest day with reports from exxonmobil and visa and 3m and dozens more. Lets rundown pt closing numbers from wall street. The dow rose will 110 points and nasdaq surged 71, a gain of 2 , thanks to a 14 jump in facebook shares and s p was up 20 points. Good earnings across the board but a different story for amazon after the closing bell shares of the worlds Big
Looking for answers. Losing altitude. Boeing the Worlds Largest planemaker says profits this year wont be as strong as expected. Why, and should investors be concerned. We have all that and more tonight on nightly Business Report for wednesday, january 29th. Good evening, everyone, and welcome. The weather outside continues to feel like, well, january and why not it is january. But inside in trading rooms and on computer screens all across the country it feels more like november. Specifically todays Closing Stock market numbers do. The dow had its lowest close since november 7th. The s p 500 since november 12th. Trading was choppy, volatility high. Ongoing worries about emerging market economies and currencies contributed to the slide but so did a downbeat outlook from the dow component boeing. But the third part of the triple whammy came from the Federal Reserve. Its policy setters announced a further 10 billion reduction in its stimulus bond buying program. On the day the dow fell mo