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Jun 14, 2012
06/12
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smithfield foods shares roasted.n over 6%. 49 cents share last quarter and then shy of the forecast. smithfield said it was hurt by lower than expected margins in the pork business. smithfield disappointing. but do not worry, america. there's pork news to cheer about today. burger king betting big on bacon. jane wells is back and ready to taste test bk's new bacon sundae. take it away, jane. >> brian, this hasn't worked out like i thought it would. we'll taste test it in a second. this is part of the menu expansion preparing to go public. if your two favorites are ice cream and bacon, why keep it apart? it's 510 calories, 61 grams of sugar, 18 grams of fat. compared to toer phenom of the year, the jack in the box bacon shake, 75 grams of sugar, 40 grams of fat, twice the fat. you'll recall a taste test on that. i was not a fan. but jack in the box and wouldn't break out numbers and part of a way to create buzz for the platform and burger king is creating buzz about other food items and about the brand as it -- all ri
smithfield foods shares roasted.n over 6%. 49 cents share last quarter and then shy of the forecast. smithfield said it was hurt by lower than expected margins in the pork business. smithfield disappointing. but do not worry, america. there's pork news to cheer about today. burger king betting big on bacon. jane wells is back and ready to taste test bk's new bacon sundae. take it away, jane. >> brian, this hasn't worked out like i thought it would. we'll taste test it in a second. this is...
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Jun 15, 2012
06/12
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smithfield country hams they and united foods and commercial workers with the union are donating the food. navy sailors are part of the volunteers to unload the goods. >>> and alleged book thief is behind bars in northern virginia and police say he didn't steal just a book. we will explain how. so authorities will explain how authorities tracked him down and how much the book that he stole was worth. >>> also ahead this morning, take a look at this man turning a lot of head. we will introduce you to dk and why he is getting so much attention. >> and lots to do this weekend. sailabration and father's day weekend and also maybe your headed to the beach? i have the forecast for you coming up. >> reporter: everything is up to speed here on route 295. but we are dealing with a new accident on 95 and another on interstate 70. i will have all the details coming up in my amount bc2 timesaver traffic report. -- abc2 timesaver traffic report.
smithfield country hams they and united foods and commercial workers with the union are donating the food. navy sailors are part of the volunteers to unload the goods. >>> and alleged book thief is behind bars in northern virginia and police say he didn't steal just a book. we will explain how. so authorities will explain how authorities tracked him down and how much the book that he stole was worth. >>> also ahead this morning, take a look at this man turning a lot of head....
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Jun 15, 2012
06/12
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shares were up 6%, but pork producer smithfield fell almost 6% after a disappointing quarter. in our exchange traded fund market flash, all five of the most actively traded e.t.f.s were higher, led up the financial sector fund, up 1.2%. and that's tonight's "market focus." >> susie: tonight, we continue our week long series on small business with one that's been brewing in manhattan. "joe" is a small and thriving chain of gourmet coffee shops, where a great cup of joe is the priority. suzanne pratt reports. >> reporter: jonathan rubinstein loves coffee, the taste, the smell, and the sound. so much so that he did what many people might think impossible: start a successful chain of coffee bars in new york city. when he opened the first "joe" here in the west village in 2003, there was only one competitor, albeit a big one. >> in my opinion starbucks is great and certainly back then it was pretty well received by new yorkers, but i thought that we could do something better and i thought that new yorkers would get it. >> reporter: and, boy did they get it. joe was a quick smash, p
shares were up 6%, but pork producer smithfield fell almost 6% after a disappointing quarter. in our exchange traded fund market flash, all five of the most actively traded e.t.f.s were higher, led up the financial sector fund, up 1.2%. and that's tonight's "market focus." >> susie: tonight, we continue our week long series on small business with one that's been brewing in manhattan. "joe" is a small and thriving chain of gourmet coffee shops, where a great cup of joe...
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Jun 14, 2012
06/12
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and smithfield foods earned 49 cents a share, short of estimates of 53 cents at smithfield, hurt by lowere. they're nice. they're different colors. i haven't had one yet. >> all organic. healthy. >> they haven't been hard boiled yet. >> they're in different colors. z>> supervalu, barclays wrote a positive report. >>> eurozone, danger zone, choppy markets and making money, we'll talk about with a couple of important people and 8:40 eastern time, viacom president and ceo philippe dauman will join us. >> if you're just tuning in you're two hours too late. >> our view is that the markets have discounted a lot of this. you're selling at 12 times earnings, companies are flushed with cash, they're global in nature. >> people want to do business with families, and that's what america is, you know, we need to get that family kind of feeling back in washington. >> we're also in western europe and we haven't seen businesses fall off yet which worries me. you have distressed countries lending to distressed banks. eventually this will hit the business side of the equation. the headlines worry me so i
and smithfield foods earned 49 cents a share, short of estimates of 53 cents at smithfield, hurt by lowere. they're nice. they're different colors. i haven't had one yet. >> all organic. healthy. >> they haven't been hard boiled yet. >> they're in different colors. z>> supervalu, barclays wrote a positive report. >>> eurozone, danger zone, choppy markets and making money, we'll talk about with a couple of important people and 8:40 eastern time, viacom president...
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Jun 14, 2012
06/12
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just quickly on smithfield, miss for the fourth quarter, higher costs there, lower pig prices, and that'sll weighing. interesting data point in the food sector here. that stock is down by almost 5% at this hour. let's check on bob pisani, here on the stoke floor exchange. >> and we're up, did you notice futures began rallies almost immediately after the disappointing initial jobless claims numbers? and the revision for the prior week was moved up a bit as well. this is what i call rallying for all the wrong reasons. you know what i'm talking about, folks, because there's speculation qe-3 is coming, if not qe-3, an extension of "operation twist" next week. this is the bad news is good news story. it makes trading extremely difficult, but that's what we're getting this morning here. the important thing is what was going on here on the qe-3 speculation, it's been getting louder all throughout the week. that's one of the things that's been prop our markets up. a story on greece is very simple. generally the feeling is no matter who wins, the troika will lose. what they're going to do is give
just quickly on smithfield, miss for the fourth quarter, higher costs there, lower pig prices, and that'sll weighing. interesting data point in the food sector here. that stock is down by almost 5% at this hour. let's check on bob pisani, here on the stoke floor exchange. >> and we're up, did you notice futures began rallies almost immediately after the disappointing initial jobless claims numbers? and the revision for the prior week was moved up a bit as well. this is what i call...