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May 26, 2017
05/17
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hi,deidr hi,deidre. >> mellissa, amazon wants the glory of four members, it's a few bucks away. if they lock up the dow, it will have to split. right now, it's 36 times the lowest priced one ge. since the dow is calculated on price, amazon's sky high tag would throw it all awreck. they have split its stock three times since it's ipot. last time was 18 years ago bezos said this week they have no plan to split soon. additionally, it may have to pay a cash dividend. every name in the index doesn't. again, there may not be likely given they have never been shy to reinvest back in the business. another reason to hold out may be the curse of the dow, back in 2014, app shares were approaching a thousand bucks, they did a split and sell 17% over the next 12 months and it took nearly two years to hit another record high, all tern naattively, at&t exited the dow. letting the stock run up, amazon is becoming less and less accessible to younger and mom and popen advisors. guys. >> thank you very much we have a way to help you protect those gai gains. >> the stock was more than 100 million i
hi,deidr hi,deidre. >> mellissa, amazon wants the glory of four members, it's a few bucks away. if they lock up the dow, it will have to split. right now, it's 36 times the lowest priced one ge. since the dow is calculated on price, amazon's sky high tag would throw it all awreck. they have split its stock three times since it's ipot. last time was 18 years ago bezos said this week they have no plan to split soon. additionally, it may have to pay a cash dividend. every name in the index...
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May 3, 2017
05/17
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deidre. >> hey, kelly.aight quarter that square, the payments processing company run by jack dorsey and cofound by him, the third straight quarter beat expectations. earnings per share, a loss narrower than the street was expecting, a loss of 4 cents versus 8 cent. revenue bigger than expected, up 22% year over year. 451 million was expected. also remember that you have to look after the payments company, gross payment volume, that came in line with estimates at $13.6 billion. also just want to mention a full year adjusted eps guidance was raised to 15 to 20 cents. that is higher than 15 to 19 cents previously. q2 guidance however, a little bigger loss in terms of eps than was expected, but share -- square shares, excuse me, in after hours up more than 5%. the company has been going from strength to strength and investors have been optimistic about the growth prospect as it continues to diversify revenue stream. there are some questions whether this kind of growth can continue. kelly, back to you. >> yeah.
deidre. >> hey, kelly.aight quarter that square, the payments processing company run by jack dorsey and cofound by him, the third straight quarter beat expectations. earnings per share, a loss narrower than the street was expecting, a loss of 4 cents versus 8 cent. revenue bigger than expected, up 22% year over year. 451 million was expected. also remember that you have to look after the payments company, gross payment volume, that came in line with estimates at $13.6 billion. also just...
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May 3, 2017
05/17
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deidre will tell us what he had to say. >> reporter: lately it's been an upside from dorsey's other companyhis square has been on a rom for three quarters in a row now topping street estimates. that has sent shares surging more than 50% over the last six months. it shot up to a fresh all time high in the after hours. they are optimistic about capital and retail on the earningles calm, dorsey mentioned caviar. it's the delivery service she says is turning into a food delivery platform. also notable this quarter the subscription and services base revenue is up more than 100% year over year. they are expanding to new regions like the uk, this past march, dorsey says there is an opportunity for hardware in particular. >> the uk is interesting for us, corresponding to our hardware the chip card reader was built to be a global platform. but the uk is interesting because it's over 70% of transactions are tap transaction nfc-based. so we have a perfect product market fit. >> reporter: mellissa, no questions yet on the call, on reports of an apple competitor and the money transferred to compete with
deidre will tell us what he had to say. >> reporter: lately it's been an upside from dorsey's other companyhis square has been on a rom for three quarters in a row now topping street estimates. that has sent shares surging more than 50% over the last six months. it shot up to a fresh all time high in the after hours. they are optimistic about capital and retail on the earningles calm, dorsey mentioned caviar. it's the delivery service she says is turning into a food delivery platform....
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May 23, 2017
05/17
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deidre is at the meeting there. what happened today?> reporter: hey, guys, well, wrapped up just over an hour ago. a lot of happy investors. amazon stock run up 40% in 12 months. this was interesting. one shareholder noting that amazon's stock is approaching a thousand dollars a share. noted that it's less and less accessible to a younger and middle class investor, so she asked jeff bezos why it seemed amazon was going the way of berkshire-hathaway, and whether he considered a stock split. not yet, but something reviewed on a regular basis. reverend jesse jackson was there, and brought up the all-white board, getting political at times, jesse jackson said they needed someone like bezos to lead in terms of diversity with amazon. there were a number of advocacy groups a loud presence. several urging amazon to stop placing ads with right wing media outlet breitbart. there was those piloting the air delivery program, pressuring amazon and employers to raise their pay. guys, keep in mind, amazon's 20th shareholder meeting, but focus on the n
deidre is at the meeting there. what happened today?> reporter: hey, guys, well, wrapped up just over an hour ago. a lot of happy investors. amazon stock run up 40% in 12 months. this was interesting. one shareholder noting that amazon's stock is approaching a thousand dollars a share. noted that it's less and less accessible to a younger and middle class investor, so she asked jeff bezos why it seemed amazon was going the way of berkshire-hathaway, and whether he considered a stock split....
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May 30, 2017
05/17
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deidre? >> kelly, that's right.he center of uber's lawsuit over self-driving car technology. they said the company has been prepping levandowski to comply and consist with the internal investigation for months. he did not meet a deadline, and will not wait for the issue to make its way through court. accusing uber of trading trade secrets. he was a google engineer that started his own startup, auto, that uber acquired, making him head of the driving unite, and he was ordered by a federal judge to hand over evidence and testimony. he asserted his fifth amendment rights. his lawyers say to avoid potential criminal charges. guys, it's unclear what this means for the lawsuit, and we reached out for their take, but the worst case scenario is prosecutors would now push him to implication other executives at uber. this is the latest in a very rough year. it's now lost another high profile engineer, and source close to the matter tells us tomorrow uber's board subcommittee receives the report on workplace issues and sexual
deidre? >> kelly, that's right.he center of uber's lawsuit over self-driving car technology. they said the company has been prepping levandowski to comply and consist with the internal investigation for months. he did not meet a deadline, and will not wait for the issue to make its way through court. accusing uber of trading trade secrets. he was a google engineer that started his own startup, auto, that uber acquired, making him head of the driving unite, and he was ordered by a federal...