Technology today. A Landmark Partnership to develop apps and Business Software for use by corporate employees on iphones and ipads. Both stocks moving higher in early post market trading. Well have more on this once unthinkable deal in just a moment. We begin tonight with after the bell earnings from two tech bellwethers, intel and yahoo. First up the computer chip maker intel. It reported better than expected revenues and earnings, net profit up nearly 3 billion on Strong Demand for personal computers and the chips inside them. Excludeing certain items, intel pulled down 55 cents a share, thats three cents better than analysts estimates. Revenue nearly 14 billion topped the forecast. Shares of the dow component rose as much as 3 in after hours trading. Seema mody join us us from the nasdaq marketplace with more on the results. Seema, when what is the take away from intel . Tyler, investors are talking about showing signs of growth in an industry that at some point was telling investor
Is suffering because of sanctions and low oil prices. Well, we begin in israel, where the Prime Minister, Benjamin Netenyahu has fired his finance and Justice Ministers. He has also said he will dissolve parliament and call snap elections. Andrew simmons start with the beginning with this one. Why the elections . Reporter well, the election has been a buzz the election fever has been sweeping right through israel over the past 48 hours, because simply, according to netenyahu, its gone too far. He says that its effectively like having an opposition within the cabinet. There are five separate parties represented in this coalition. They have never got on, and now just over halfway through its fouryear term this government is coming to an end. There will be dissolution of parliament on wednesday. The issue has been brought to a head by a number of bills, legislation particularly nationalistic legislation, one in particular, which relates to the jewish state, which will effectively enshrine
On the stream csi environment we talk with scientists who helping to pinpoint pollution culprits by creating a way to fingerprint fracking waste water the stream only on Al Jazeera America inequality. And wage inequality and things, and we can focus on ferguson, mohammed thank you very much indeed. Andrew simmons our man in jerusalem. Israel will know very clearly that a growing number of countries are recognizing palestine as a state. Is it appearing to feel any kind of external pressure . I think it probably is, but whether it will admit to being in this any way wobbled by it is unlikely. The prime has reeveryon reeveryonreeveryone reeveryoned preempted this. The previous none binding votes from the u. K. , ireland, and also spain prompted suggestion that this would affect the possibility of successful peace talks unilaterally going along like this, but then many are asking, well, what option is there right now for the palestinians when the u. S. Brokered peace talks back in april co
We will talk to the head of companies that reported earnings. Hello, welcome to countdown. The ecb gets ready to dig over banking remission in europe. Tucker, p with all paul tucker one of the keynote speakers. He warned there is no quick fix to shore up europe lenders. It will take some good framework. Legislation is needed, but the , and theyestructure need to issue bonds. Bondholders need to take losses without depositors taking law is. Losses. Not all banks are structured that way. Fighting continues in Eastern Ukraine. Russia is calling for a sees higher while ukraine continues to accuse russia that ceasefire while ukraine continues to accuse russia of stoking the fire. Where are we, hans . Any progress . It will magically the latest ischancellor Angela Merkel considering a visit to tm. Kiev. Yesterday we had a day of diplomacy. They are accused of attacking a civilian convoy, saying there are dozens of death. Foreigny in early in minister lavrov called for a ceasefire. Foreignhat
Everyone is watching to see whether we will rebound from last month disappointing jobs report. I have not seen and adp report with this much focus in a year. We will watch that closely and that 10 00 a. M. , we will get numbersnonmanufacturing and the earnings continues. After the bell, disney. First twitter public Earnings Report will be interesting to see as well. Lets do a data check print its a quiet market as we wait for the adp report. Andres are at negative two a 10 year yield was up slightly yesterday. Nymex crude is 96. 97. Vxx is at 21 off the ugliness of friday. The yen is a big story because of what it has not done. That should be a bigger number. But its not. We have a continued strong and off economic eta. Economic data. There is the data check print it is a busy day. We scour the papers. And washington, the Congressional Budget Office is projecting obamacare will cause a drop of about 2 million full time workers by 2017, maybe 2. 5 million by 2024. What they are saying i