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Apr 16, 2014
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thank you, adam shapiro.is is a car that don draper would definitely have driven in the 1960s if it existed. jon hamm who plays the anti-hero on the hit tv series madmen got to unveil the new mercedes s63 am g4matic coupe today. they schmoozed and pulled off the curtain. the new super car mercedes hopes will help it stay ahead of audi which has shown muscle, along with bmw. joining us now from the new york auto show, steve cannon, mercedes-benz usa ceo as well as our very own, jeff flock. take it away. >> it was so good to see don draper in the flesh. look at this car, a63 amg coupe. like there was any doubt luxury is back and reincarnation to the 60s in great economic time. that's what you feel right now? >> absolutely, luxury changes with every decade, this is our crowning achievement for us, for us, the s63 amg coupe is the most beautiful car we've put on the road. you combine it with intelligence systems and raw power. that's what amg stands for. >> you are planning all kinds of new models, you see the lu
thank you, adam shapiro.is is a car that don draper would definitely have driven in the 1960s if it existed. jon hamm who plays the anti-hero on the hit tv series madmen got to unveil the new mercedes s63 am g4matic coupe today. they schmoozed and pulled off the curtain. the new super car mercedes hopes will help it stay ahead of audi which has shown muscle, along with bmw. joining us now from the new york auto show, steve cannon, mercedes-benz usa ceo as well as our very own, jeff flock. take...
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Apr 15, 2014
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adam shapiro at the new york stock exchange. this is quite a volatile day here. e bears seem to have some control over all of this. the vix is up today. something that has the pepto-bismol. be ready. one of the things the labarge wants to look at is year to date this stock down 17%. they teamed up with nbc and the olympic alliance. they had essentially 663.6 million unique visitors. yahoo trying to make a big play with video delivery on the web it, we will see if they are able to do that, make progress when they report after the bell. earnings per share $0.37 with revenue of roughly $1.1 billion, melissa. melissa: coming up, the new york auto show has roared into town. we are talking to all of the movers and shakers. you don't get much bigger than ford, they are on the move now. you don't want to miss this interview. at the end of the day, it is all about "money." ♪ ♪ [ male announcer ] this m has an accomplished research and analytical group at his disposal. ♪ but even more pressive is how he puts it to work for his clients. ♪ morning. morning. thanks for meeting
adam shapiro at the new york stock exchange. this is quite a volatile day here. e bears seem to have some control over all of this. the vix is up today. something that has the pepto-bismol. be ready. one of the things the labarge wants to look at is year to date this stock down 17%. they teamed up with nbc and the olympic alliance. they had essentially 663.6 million unique visitors. yahoo trying to make a big play with video delivery on the web it, we will see if they are able to do that, make...
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Apr 29, 2014
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november, delivered weaker than expected fourth quarter results after the bell yesterday, but adam shapiro sat down with the company's ceo and cfo this morning. adam, this is such a popular business. they couldn't translate those numbers? >> reporter: right. they had trouble with that and, liz, investors right now, they are not pleased. texas-based company hit a new 52-week low today, $26.14 during today's trading, and that's a plunge of more than 25% since their ipo november 1st. so why did the former wall street darling deliver messier than expected results? here's what company ceo kip tindall had to say about it. >> it's just weather, weather, weather. you know, we don't control the weather. the difference between the areas of the country that were badly impacted by weather and the few areas that were not impacted by weather was over 7% comp store increase. so there's a 7% spread between the stores that had weather and the stores that didn't. >> reporter: of course, january and february are their peak months for selling, but still, tindall was optimistic. he cites plans to open an addit
november, delivered weaker than expected fourth quarter results after the bell yesterday, but adam shapiro sat down with the company's ceo and cfo this morning. adam, this is such a popular business. they couldn't translate those numbers? >> reporter: right. they had trouble with that and, liz, investors right now, they are not pleased. texas-based company hit a new 52-week low today, $26.14 during today's trading, and that's a plunge of more than 25% since their ipo november 1st. so why...
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Apr 17, 2014
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adam shapiro is that the stock exchange. the magic number is 1869.44. ld be the winner of the s&p. adam: it would be the best since january 4th, 2014. we would be up if we close above that number of 1859, closing up for the week roughly 3% for the s and p. keep your eye on that number. we are not quite there yet but we have come very close. the s and p weekly performance back on, what was it -- october 18th, 2013, 2.4%. and the dow, by the way is up. leaders, percentage gainers on the dow, take a look at bank of america, general elector, earnings reports inspiring investors and disney leading the dow up. melissa: tony shake getting a revealing interview, begs the question how much personality is too much? charlie gasparino with hillary kramer and charles payne. with the thing? charles: i love the ceos with outsized personality to a certain point. you get a cult of personality particularly when they transcend main street and wall street. steve jobs is an example of that, elon musk, it actually gives their stocks above for. you can go the other way. man on
adam shapiro is that the stock exchange. the magic number is 1869.44. ld be the winner of the s&p. adam: it would be the best since january 4th, 2014. we would be up if we close above that number of 1859, closing up for the week roughly 3% for the s and p. keep your eye on that number. we are not quite there yet but we have come very close. the s and p weekly performance back on, what was it -- october 18th, 2013, 2.4%. and the dow, by the way is up. leaders, percentage gainers on the dow,...
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Apr 16, 2014
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adam shapiro is at the new york stock exchange with more on all the action down there. en you talk about bank of america you're talking about what, $6 billion in litigation costs already. credit suisse warns they have maybe another 3 to 5 billion in legal challenges going forward. reuters is reporting that bank of america is in talks with the united states department of justice on its probe of merrill lynch and possibly a settlement in the works. you can expect it will be the standard line, neither admit or deny any wrongdoing but perhaps a billion dollar settlement. it was leaves $276 million compared to year ago in the first quarter where they had a profit of 1.48 billion. the earnings per share, loss was five cents. the street was expecting a gain of five cents. year ago first quarter, 10 cents profit but earnings per share loss of five cents. would be adjusted 14 cents if they had not had litigation expenses. melissa, adam shapiro thanks very much. jeep unveiling the first model at the new york auto show, the first-ever built in italy. it is renegade. they hope it wi
adam shapiro is at the new york stock exchange with more on all the action down there. en you talk about bank of america you're talking about what, $6 billion in litigation costs already. credit suisse warns they have maybe another 3 to 5 billion in legal challenges going forward. reuters is reporting that bank of america is in talks with the united states department of justice on its probe of merrill lynch and possibly a settlement in the works. you can expect it will be the standard line,...
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Apr 28, 2014
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. >> i'm adam shapiro. "after the bell," at&t announced that it is going to launch high speed4.in flight connectivity service for airlines and passengers in commercial, business, general aviation. shares of at&t on that news, essentially flat in the after-market. they say that the service plans to be available as soon as late 2015. it will be capable of providing in flight broadband with customers. this will compete with go-go. shares of go-go are down 14% in the after-market. >> they have been on the show. i love go-go wireless. david: me too. liz: when a player enters like a powerhouse like at&t, that could be trouble. adam, thank you very much. time for speed read. five stories. one minute. new "gallup poll" reported average retirement age is 62. that is the highest average age since the poll began in 1991. samsung will introduce a new line of premium headphones and speakers to the product lineup that will launch globally over next couple weeks. google's driverless car may be on the road sooner than you think. the web giant says the vehicles are able to handle thousands of di
. >> i'm adam shapiro. "after the bell," at&t announced that it is going to launch high speed4.in flight connectivity service for airlines and passengers in commercial, business, general aviation. shares of at&t on that news, essentially flat in the after-market. they say that the service plans to be available as soon as late 2015. it will be capable of providing in flight broadband with customers. this will compete with go-go. shares of go-go are down 14% in the...
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Apr 15, 2014
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let's get to adam shapiro. >> the street was expecting 37 cents. revenue fell 8% it came in line with expectations, 12.8 billion. we'll chop through this and let you know more. apparently they're doing some things right and investors like when they see from intel. >> the stock is moving higher. i want to quickly tell you, they're saying full-year 2014 revenue they see flat. that is unchanged with what they had given for expectations. so there is no surprise there at least at the moment unless you have whisper numbers you're looking at. as you look at numbers, the capital spending expected for thy is 11 billion. that is smack right on the money from what they would have expected and what we already knew as far as a number that was out there. rich: right. if you look at headwinds they have coming up. where do they go in the future with the pc market? this is one of the companies that could go either way here. we're see earnings and -- liz: talk to mark sebastian quickly, as you look what is happening with intel here this is a hard stock to move becau
let's get to adam shapiro. >> the street was expecting 37 cents. revenue fell 8% it came in line with expectations, 12.8 billion. we'll chop through this and let you know more. apparently they're doing some things right and investors like when they see from intel. >> the stock is moving higher. i want to quickly tell you, they're saying full-year 2014 revenue they see flat. that is unchanged with what they had given for expectations. so there is no surprise there at least at the...
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Apr 30, 2014
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but here is adam shapiro in for dierdre bolton. 0.1 growth. this is risk and reward. i am adam shapiro in for dierdre bolton. top headlines attack world focuses on the sb conference, turning mobile into money. mark zuckerberg is expected to start speaking in the minute. he is the archangel when it comes to angel investing and you will hear david rose investing wisely right here and it is showtime later this hour. lc e o of the homeland explains why netflix is his friendemy. welcome back to risk and
but here is adam shapiro in for dierdre bolton. 0.1 growth. this is risk and reward. i am adam shapiro in for dierdre bolton. top headlines attack world focuses on the sb conference, turning mobile into money. mark zuckerberg is expected to start speaking in the minute. he is the archangel when it comes to angel investing and you will hear david rose investing wisely right here and it is showtime later this hour. lc e o of the homeland explains why netflix is his friendemy. welcome back to...
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Apr 15, 2014
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stuart: let's bring in adam shapiro. he is at the new york stock exchange today. coke. is a big winner. adam: let's look at the numbers. the numbers beat wall street. non-gap came in at 44. it was the revenue number. coke surprised with 10.58 billion. year over year, revenue was down. in the same quarter last year, revenue was $10 million. the stock repurchase i talked about, but also worldwide volume growth of 2%. in north america, it is less. stuart: thank you so much, adam. we have new data. it shows the number of people who receive food stamps is higher than the number of women who work full-time. all right, sandra. 2012, 46 million people on food stamps. 44 million in full-time work. that is women. sandra: the entire basis of this argument is that the number of good paying jobs is just down. it is not improving. it also speaks to the social health of the united states. there are more single women today. it is proven to be much more economical to be married. bottom line, jobs are scarce. charles: really, the challenge is to convince people it is worth taking a short
stuart: let's bring in adam shapiro. he is at the new york stock exchange today. coke. is a big winner. adam: let's look at the numbers. the numbers beat wall street. non-gap came in at 44. it was the revenue number. coke surprised with 10.58 billion. year over year, revenue was down. in the same quarter last year, revenue was $10 million. the stock repurchase i talked about, but also worldwide volume growth of 2%. in north america, it is less. stuart: thank you so much, adam. we have new...
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Apr 14, 2014
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liz: as we bump up against the chosing bell, adam shapiro is in for david asman.uite the day. is it started with citi. when their earning beat what wall street was expecting there was a good vibe to get things started. liz: we lost it all because of what was happening in ukraine and the. we got some of it back, nicole? >> i'm impressed to see how the market showed resiliency at the close of trading that is good sign for the bulls indeed. we had lighter volume that shows confidence fixed income is still a problem. [closing bell ringing] we watch some of the other banks later in the week. liz: bells have rung on wall street. roller coast other out on coney island or any six flags because we lost so much air with the s&p. hear that? nasdaq actually did go down. more than 10 points below the flat line. it lost about 60 points, climbing back. still not gaining a 51 points it had after the citi retail sales. adam: that's right. liz: time for the front page headlines. retail seas jumping the most in 18 months in march. commerce department announced sales increased 1.1%.
liz: as we bump up against the chosing bell, adam shapiro is in for david asman.uite the day. is it started with citi. when their earning beat what wall street was expecting there was a good vibe to get things started. liz: we lost it all because of what was happening in ukraine and the. we got some of it back, nicole? >> i'm impressed to see how the market showed resiliency at the close of trading that is good sign for the bulls indeed. we had lighter volume that shows confidence fixed...
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Apr 17, 2014
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let's head back to adam shapiro on the floor of the new york stock exchange about sears. e're talking about sears holdings here. part of that has to do with an insider, an independent director. he had purchased 475,000 shares at total cost of $15.9 million. sears holding up 14% today on that news. year-to-date they're down actually 3.5%. in the month of april they're down 1% but this was a good beast for that stock. if you're thinking tish name sounds familiar, he was on the board at kmart in 2003 when they went into bankruptcy. was helpful managing them through the bankruptcy and sears holding buying kmart back in five. back to you. liz: thanks, adam. >>> investors seeking opportunities in banks may want to look a long ways away from that bull on wall street. we'll bring you the name of some undiscovered banks that could provide you and your portfolio high stock returns. >> how about a possible new iphone and ipad feature tuned perfectly for music lovers? we'll have a sneak preview in just a moment. ♪ we asked people a question, how much money do you think you'll need whe
let's head back to adam shapiro on the floor of the new york stock exchange about sears. e're talking about sears holdings here. part of that has to do with an insider, an independent director. he had purchased 475,000 shares at total cost of $15.9 million. sears holding up 14% today on that news. year-to-date they're down actually 3.5%. in the month of april they're down 1% but this was a good beast for that stock. if you're thinking tish name sounds familiar, he was on the board at kmart in...
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Apr 18, 2014
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. ♪ adam: i am adam shapiro with your fox business brief.ouncing it was a victim of a data breach. this investigated found this. nearly 40% of workers feel that they are underpaid. it shows the problem is worse for women. 42% feel unfairly compensated compared to 34% of men. more than half of workers would stay in their jobs if they had better leads and more flexible work hours. the xbox one console, already sold more than 7 million units of its populace playstation four. that is the latest from the fox business network. giving you the power to prosper. ♪ to be this awesome. and you...rent from national. because only national lets you choose any car in the aisle... and go. and only national is ranked highest in car rental customer satisfaction by j.d. power. (aaron) purrrfect. (vo) meee-ow, business pro. meee-ow. go national. go like a pro. we are thinkers. the job jugglers. the up all-nhts. and the ones who turn ideas into action. we've made our passions our life's work. we strive for the moments where we can s, "i did it!" ♪ we are entrepr
. ♪ adam: i am adam shapiro with your fox business brief.ouncing it was a victim of a data breach. this investigated found this. nearly 40% of workers feel that they are underpaid. it shows the problem is worse for women. 42% feel unfairly compensated compared to 34% of men. more than half of workers would stay in their jobs if they had better leads and more flexible work hours. the xbox one console, already sold more than 7 million units of its populace playstation four. that is the latest...
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let me get to adam shapiro. he has the numbers. iz, what wall street expected, earnings per share 1. 60 on revenue of 1.2 billion. you oral in march bed, bath & beyond lowered guidance between $1.57 to 1.$61. so coming in at 1.60. same-store sales for the 2013 up 1.7%. liz: by the way you see the stock is getting hurt on that. this may change. we'll have all the numbers cycling through on the lower part of our screen. we go back to lee from ikang. you're one of many health care companies, that has been the hot trend. in fact we had a company that listed. it was a health care reit. it seems to be a real opportunity. how do you view the changes in our health care system where president obama is trying to bring on more people to be covered in what is known as obamacare or the affordable care act? >> yeah. in the united states, opportunity is mature market. but in china, the government is promoting universal coverage but that is basically for -- we have preventative health care side. also, supplementary to clinical system in china. we s
let me get to adam shapiro. he has the numbers. iz, what wall street expected, earnings per share 1. 60 on revenue of 1.2 billion. you oral in march bed, bath & beyond lowered guidance between $1.57 to 1.$61. so coming in at 1.60. same-store sales for the 2013 up 1.7%. liz: by the way you see the stock is getting hurt on that. this may change. we'll have all the numbers cycling through on the lower part of our screen. we go back to lee from ikang. you're one of many health care companies,...
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liz: fox business's adam shapiro are reporting both sides are playing for big bucks. cks in the future. former northwestern quarterback cain coulter and a former ucla player met earlier today with congressman george miller, jan schakowsky and senator dick durbin. they're calling it off es fence sieve move against the -- offensive move against the ncaa. national labor relations board ruled last week that the football players are employees and can found a union. they worry the ncaa will lobby congress to prohibit college athletes to organize. the college players union commissioned a study with drexel university's sports management department which found college football players lose 715,000 bucks over their four-year careers and college basketball players lose $1.5 million because they can't make money off of their college game. northwestern university has one week left to appeal the nlrb ruling but colter and huma are not waiting. congressman miller is the lead democrat on house labor education committee. schakowsky whose district includes northwestern is on their side.
liz: fox business's adam shapiro are reporting both sides are playing for big bucks. cks in the future. former northwestern quarterback cain coulter and a former ucla player met earlier today with congressman george miller, jan schakowsky and senator dick durbin. they're calling it off es fence sieve move against the -- offensive move against the ncaa. national labor relations board ruled last week that the football players are employees and can found a union. they worry the ncaa will lobby...
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Apr 14, 2014
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they want what adam shapiro has down on the corner live, first on fox business on the corner of 48th adam: liz we're talking about lamborghini. ferrari move over. bugatti, who needs you. they shocked world in the geneva auto show, 2015 your can ran, not hurricane, huracan. talk about this incredible machine that can go 202 miles per hour. we have the ceo of lamborghini joining us. this is amazing machine, $237,000. we'll show the car on another camera. already you sold 1000 of these. 300 in the united states. what is the demand for the car? >> the demand is very high. we sold more than a thousand and more than even 300 here in the united states. united states is important because it is our biggest market. we're looking forward to a big bang w is hitting the road. adam: the car, this is the first time new yorkers are getting to see this car live outside of fox. this car, delivery, when? this summer, in the fall. >> it will be the late summer. for the u.s. we'll start all around the world in late spring and late summer. adam: tell me, open up the car for me. let's go in and show the in
they want what adam shapiro has down on the corner live, first on fox business on the corner of 48th adam: liz we're talking about lamborghini. ferrari move over. bugatti, who needs you. they shocked world in the geneva auto show, 2015 your can ran, not hurricane, huracan. talk about this incredible machine that can go 202 miles per hour. we have the ceo of lamborghini joining us. this is amazing machine, $237,000. we'll show the car on another camera. already you sold 1000 of these. 300 in...
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Apr 16, 2014
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liz: let's get right back to adam shapiro. he is on the floor of the new york stock exchange.f these names were moving pretty dramatically. >> ibm right now in the after-market, down 2 1/2%. let's go through numbers, earnings per share, $2.54. that is what the street was expecting. revenue was a miss. revenue came in 22.5 billion. street was expecting 22.91 billion. they took a hit like again in the other quarter. asia, pacific, china, revenue down 12%. asia-pacific, revenue was five billion. last time they reported in fourth quarter, it was down 23%. they still go down there, in europe and middle east, revenue 7.6 billion. first quarter, revenue in the americas 9.6 billion of some of the things they're talking about is their strengths. they had $870 million workforce rebalancing charge against their revenues and profits. of course they had a gross profit 46.7%, up 90 basis points. liz, rich. liz: good to see you. rich: thank you, adam. google earnings out just moments ago. shares are falling more than 6% in after-hours trading. >> these disappointing results following a blowo
liz: let's get right back to adam shapiro. he is on the floor of the new york stock exchange.f these names were moving pretty dramatically. >> ibm right now in the after-market, down 2 1/2%. let's go through numbers, earnings per share, $2.54. that is what the street was expecting. revenue was a miss. revenue came in 22.5 billion. street was expecting 22.91 billion. they took a hit like again in the other quarter. asia, pacific, china, revenue down 12%. asia-pacific, revenue was five...
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Apr 30, 2014
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adam shapiro, what are they? >> seems to be a beat, david. adjusts earnings loss of four cents a share. the street was expecting loss of six cents per share on revenue 76.4 million in first quarter. street was expecting 75.06 million. guidance for the second quarter they're projecting revenue will be up year-over-year roughly 55%. they are predicting that they will have revenue in the second quarter of the year anywhere from 85 to 86 million. david, back to you. david: again, those numbers, particularly the loss, we were expecting a loss of six cents per share, it was a little better than that. a loss of four cents a share. usually we talk about these earnings. you can see after-hours, liz, the market doesn't like what it saw in these numbers, particularly in projections. liz: this is a tough name. there are lawsuits that swirl around this company. there are questions whether its model really in the end make a lot of money but when you see guidance, revenue up 55% year-over-year. this is not the worst thing. there is something else in the rep
adam shapiro, what are they? >> seems to be a beat, david. adjusts earnings loss of four cents a share. the street was expecting loss of six cents per share on revenue 76.4 million in first quarter. street was expecting 75.06 million. guidance for the second quarter they're projecting revenue will be up year-over-year roughly 55%. they are predicting that they will have revenue in the second quarter of the year anywhere from 85 to 86 million. david, back to you. david: again, those...
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Apr 24, 2014
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adam shapiro, let's drink them up. >> 56 cents earnings per share. that is what the street was expecting. street was expecting revenue 3.95 billion. quarterly global comparable store sales increased 6%, liz and they are reaffirming their guidance for the full year and dividend, will it stay at 26 cents per quarter per share during the quarter. liz. liz: okay. i'm quickly looking through some of these numbers. global comp, same-store sales growth in the mid-single digits. they have revenue growth of 10% or greater. china pacific segment, asia-pacific, up 24%. they get the tea drinkers to drink coffee david. david: it's a good trick. bob peck, thank you very much for joining us. an thanks to our market panel as well. lance roberts and bob iacino. good to see you guys. liz: microsoft earnings came out moments ago. great numbers for some metrics of that company particularly, and this is a surprise, the surface tablet. what dot numbers say about the new ceo and the direction of the company and will it be enough to keep the stock momentum? what you see rig
adam shapiro, let's drink them up. >> 56 cents earnings per share. that is what the street was expecting. street was expecting revenue 3.95 billion. quarterly global comparable store sales increased 6%, liz and they are reaffirming their guidance for the full year and dividend, will it stay at 26 cents per quarter per share during the quarter. liz. liz: okay. i'm quickly looking through some of these numbers. global comp, same-store sales growth in the mid-single digits. they have revenue...
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Apr 23, 2014
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adam shapiro joins us live from the fox business network with more. ter: jon, those lawsuits could cost general motors millions of dollars in legal fees. late monday evening they took a action to. they filed a motion with the same judge that approved gm's 2009 bankruptcy to ask him to reaffirm a portion of the restructuring agreement. that agreement shields gm from incidents and problems that took place before july 10th, 2009. that is the day the bankruptcy restructuring went into effect. it is also the day old gm went out of business, new gm, the company we know today was born. lawyers representing vims estimates injured as a result of gm's faulty ignition problems filed their own motion asking the judge to dismiss part of the restructuring agreement. they claimed old gm committed bankruptcy fraud because it knew it had a problem and failed to disclose it. gm says it has taken responsible for its actions and will keep doing so. it has recalled 2.6 million vehicles so far this year. unrelated to the recalls is the new potential problem. the national hi
adam shapiro joins us live from the fox business network with more. ter: jon, those lawsuits could cost general motors millions of dollars in legal fees. late monday evening they took a action to. they filed a motion with the same judge that approved gm's 2009 bankruptcy to ask him to reaffirm a portion of the restructuring agreement. that agreement shields gm from incidents and problems that took place before july 10th, 2009. that is the day the bankruptcy restructuring went into effect. it is...
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Apr 17, 2014
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fox business network's adam shapiro live from the floor of the new york stock exchange with more whats happening today. adam. >> reporter: that's right, jenna. the weekended last week, last friday, there were 304,000 initial filings for unemployment benefits for the weekending april 12th. they revised the 300,000 to 302,000. the four-week moving average which people watch a lot is falling to 312,000. this is considered a good report. the other key metric is continuing claims. people who file more than one week of benefits. those were down 11,000, to roughly 2.74 million people. that is the lowest since december of 2007. so this is an, in all explanations a good employment report. the dow right now as you pointed out is down about 11 points. it is not a reflection of this point t has to do with ibm which disappointed on its earnings having a big weight on the dow jones industrial average. back to you, jenna. jenna: adam, great to see you as always, thank you. jon: with the iowa caucus as little more than a year-and-a-half away time for a new set of occupants to measure the curtains in
fox business network's adam shapiro live from the floor of the new york stock exchange with more whats happening today. adam. >> reporter: that's right, jenna. the weekended last week, last friday, there were 304,000 initial filings for unemployment benefits for the weekending april 12th. they revised the 300,000 to 302,000. the four-week moving average which people watch a lot is falling to 312,000. this is considered a good report. the other key metric is continuing claims. people who...
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Apr 10, 2014
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fox business's adam shapiro is here. the question is how low?o, right? it won't be whole paycheck as some are accused off. walmart needs to attract customers back to its stores after more than a year of watching sales drop. the decision to team up with wild oats, the nation second largest organic grocer will allow people who shop at walmart to purchase everything from salsa to pasta, roughly 100 wild oat's organic products at 2,000 walmart stores in addition to food not labeled as organic. eventually they will expand and sell the organic products to 4,000 outlets. upside for you, cheaper prices. organic food tends to cost more but the size of walmart combined with wild oats will epthem drop prices. they would handle preharvest purchases from farmers like tomatoes which will lower the cost and lower the price eventually hopefully to us. jenna: adam, consumers will get lower prices as you mentioned but what about walmart? is this really, is this in their best interests in. >> reporter: will they make money, right? i think the best way to say that,
fox business's adam shapiro is here. the question is how low?o, right? it won't be whole paycheck as some are accused off. walmart needs to attract customers back to its stores after more than a year of watching sales drop. the decision to team up with wild oats, the nation second largest organic grocer will allow people who shop at walmart to purchase everything from salsa to pasta, roughly 100 wild oat's organic products at 2,000 walmart stores in addition to food not labeled as organic....
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Apr 17, 2014
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. >> adam shapiro is live at the new york stock exchange with the breaking news. this 304,000 is considered pretty good. the four-week moving average fell to 312,000. the figure you want to pay attention to as well is the continuing claims. those are people who have filed for claims for more than a week. that's down to 2.74 million. that's the lowest it's been since december of 2007. so all in all, this is being considered a good report for the week. initial jobless claims coming in lower than have been expected. back to you. >> all right. thank you very much. after some rough days on wall street, i would imagine today will probably be an up day. right? >> wall street, good news sometime becomes bad news. we're going into a long weekend. the markets will be closed tomorrow. we might see some selling today. >> thank you so much adam. >>> coming up here on the show, three terrorist attacks in new york city. so why are cops no longer allowed to keep an eye on muslim extremists. we'll ask colonel allen west about that. >> first let's check in with bill hemmer for what'
. >> adam shapiro is live at the new york stock exchange with the breaking news. this 304,000 is considered pretty good. the four-week moving average fell to 312,000. the figure you want to pay attention to as well is the continuing claims. those are people who have filed for claims for more than a week. that's down to 2.74 million. that's the lowest it's been since december of 2007. so all in all, this is being considered a good report for the week. initial jobless claims coming in lower...