Backtoback gains if we continue to trade higher and close positive in the next hour. Theres the tenyear treasury note yield, at about 4 or so right now. I mention it because that is obviously one of the big drivers of stocks right now, those higher yields standing in the way of an equity rally, and certainly dampening some enthusiasm just looking at the tenyear, a little bit weaker. Really not moving a whole lot. Check out some of todays moving earners. Goldman sachs is higher on a beat Lockheed Martin soaring up Johnson Johnson beating on the top and bottom lines hasbro is pulling back after the bell well get netflix and well be joined with a preview in just a bit. Lets begin with the activist news that david faber broke today. Salesforce shares are up 4 . David faber joins us with the latest im interested in the colgate news you brought but activism heating up. We can start with salesforce we did report that this morning. It was followed by a presentation by jeff smith at an annual c
Commuters, but the earnings may be tough this morning. Futures as you can see are mixed as have the averages been over the past several days. The tenyear note a touch higher than it was at this time yesterday. And as for europe some mild weakness in the uk and in spain. Our roadmap this morning goes, well start with coach. Shares of the luxury goods maker down big in the premarket after samestore sales in north america plunges 13 year on year. And ibm is not looking too good. Down on earnings. The tech giant reporting revenue below estimates for the Fourth Quarter in a row and due to weakening demand in part in emerging markets. A lot of people facing a nasty commute after a massive winter storm dumped over a foot of snow across the northeast. Left temperatures hovering near zero. Well go live on the ground to see just how bad things are in a moment. But first up, coach reporting weakerthanexpected fiscal Third Quarter results and comps down 13. 6, and it said its been hurt by substant
Investor john calamos here with his take on what investors should be doing right now. Could apple help pull this market out of the funk. Apple due out with earnings at 4 30. Well have the crucial numbers the moment they cross with the analysis they need. Apples results will be watched closer than ever. Regardless, it will have a huge impact whatever apple does because of the size of that company. It will have a big impact on markets tomorrow. Lets look again at this hour of where we stand. The tenyear u. S. Treasury yield is pretty flat. As a result earnings moving the indexes to some extend. We have caterpillar contributing in the range of 40 points to the dow which is up 47 at this hour. Take a look at the nasdaq. This the underperformer today and its the social media names which we have to watch. Its off about 0. 4 or 16 points. And the s p 500, as mentioned, is fighting to return to positive territory. You can look there at the chart and see this turnaround weve had since midday. L
We could see a meaningful selloff. Wonder if were not waiting for facebook and apple to kind of give some juice to some areas where people have concerns. Exactly. They will definitely have an impact on the market. Plus, were almost waiting, awaiting billionaire investor Warren Buffett to sit down live with our becky quick in new york city. This will be his first Public Comments about activist investor david win theers who has been critical of mr. Buffet and cocacola over executive compensation issues so stay tuned for that first on cnbc interview. Its the end of this luncheon that he hosts every year for charity, and somebody paid 1 million to have lunch with Warren Buffett today, so i can imagine they are getting their moneys worth right now. Why its gone longer than ever, right . Extra special dessert. Exactly. And after the bell it doesnt get much bigger than this when it comes to marketmoving earnings. First facebook and then apple. Both will hit about an hour from now. Both have h
Construction, wholesaling and retailing. The latest number is 111. 2. This is higher than forecast. The market was around about 110. 5. The number is certainly improving. This after that drop that we saw back in march. 110. 7 is what we had. The pull back was related to the sanctions and also in relation to a strong number in february. Some people thought this was a natural correction that was starting to happen. Efo says theres no revision to that march number as well. This has been the reaction in euro dollar, a positive tick higher for the currency. Theres a key speech coming up later today by mario draghi which could further move the currency today. Alston shares are soaring despite the company denying reports that General Electric is seeking to acquire the firm for 13 billion. A spokes pernl says alston is, quote, not informed of any public offer for their the firm the firms sh bouygues is also up 4 . Lets go out to stephan. They are not aware of any offer, however, it doesnt say