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Systems, bringing it a new chief executive. A month ago, didi received 1 billion investment in apple, now 600 million. Investors are waiting on the fed, the boj, the bank of england. Taiwana, singapore, and start off their trading week. It is a central Bank Waiting Game this week. A bit ofeing quite trepidation ahead of those key policy meetings. Malaysia, singapore, and taiwan joining in the selling. We are still seeing significant weakness from korea, japan, and new zealand. Australia closed for the queens birthday holiday. Is leading the losses in the region. Now at onemonth lows. All of this trepidation has seen a big surge in the, so stocks under pressure, weakness and Commodity Prices weighing on materials and energy players. Out of the 225 stocks on that index, only two are in the black this morning. Korea down by 1. 5 , and new zealand off by. 5 . Futures are sug ....
Strike on aushgsn shelter in gaza. The shelter was in a building normally used as a school. I was home to some 40 namlys forced from their homes. The exact number of victims is still unclear. The United Nations reports there were significant casualties with at least 150 hurt. A spokesman with the Israeli Military saying they are still trying to cob firm what happened. Those deaths bring the number of palestinians killed to 788. Nick schifrin is in gaza with more. Reporter less than a mile into gaza, Israeli Soldiers discuss palestinian solders fighting from a hospital. They said it became a hamas commanding control center. For a week the military struck it with tank shells. Then an israeli officer called the local World Health Organization head and ma ....
The Worlds Largest ontime rate online retailer, known for operating on razor thin margin, saw more than double what was expected. The news is wearing on investors and the stock is down 10 in premarket trading. I want to bring in the head of north american research. Also joining us is jason, an analyst at oppenheimer. Why do investors seem to care now . Weve known they want to operate at a loss . This is the Second Quarter in a row where the stock has reacted negatively to quarterly earnings. Theirors on the margin patience is wearing thin with the investment at all costs and topline growth at all costs, at the expense of profit. It is an issue that management is starting to think about. They are starting to play hardball with some of their suppliers, for example on the media side, with hachette. They want tothat, they dont want to raise prices. The ceo cfo made no bones about ....
Quarterly results missed estimates and said compensating victims for defective ignitions will cost at least 440 million. Matt miller joins me along with chuck stevens. Matt, take away. Thank you. About the costsk you have set aside or the cost you pay for the actual recalls. It was 1. 3 billion in the First Quarter, 1. 2 billion in the Second Quarter, and a lot of analysts do not seem to have accounted for that in their forecast. Why do you think that is, and how much do you think it is going to be Going Forward . Before i get into questions specifically arm the recall, if i could talk about overall performance, i think it is an Important Message to get out. We continue to have strong twolts, especially in our key markets, north america and china. Recallexclude the ....
Getting reports on home sales. Andrew, good morning. All the way down at the stock exchange. Facebook shares getting a boost hitting record highs. The social times beating the street. The company says it saw an increase for both advertiseres and users during the Second Quarter. Well have more from analyst dean munser. Second Quarter Results fell a bit short. Cheaper Service Plans offered to customers without subsidized cell phone cut into margins. Were going to talk to an at t analyst in the next half an hour about that. There could be a bit of good news in there, too. Qualcomm Beat Estimates on the top and bottom line. The Current Quarter profit forecast came in below estimates. In unrelated news on the compa ....