Back . But first, the nightline five. Good evening. Picture this. While youre picking your groceries, thieves are pickpocketing you. Organized crime is nothing new, but across america these rings are targeting unsuspecting shoppers. Tonight youre going to meet a man who works on the wrong side of the law for the right reasons, to make sure it doesnt happen to you. Heres abcs cecilia vega. Reporter shoppers, beware. Inside this san diego whole foods Surveillance Video catches a pickpocket in action. Just for a split second the shopper turns away from her cart. And that is all the man in the checkered shirt needs. His hands covered by a shopping bag, hide what hes about to do. The woman, so distracted by the samples being handed out, has no idea this crook walked away with her wallet and handed it off to a partner. A classic move, says master pickpocket bob arno. Hes got to do it just when shes reaching. That is when shes most vulnerable. Reporter over in the produce aisle these thieves
Beating consensus, short of expectations, but cook says hes not worried. Microsoft missing consensus. Saying the dpaen is still in the midst of a bold and disciplined effort to focus business. Boeing and delta beat expectations, deltas ceo on this network this morning commenting on the middle east. Pepsi came in on a streak despite a decline in carbonated drink sales. Apple had earnings of 1. 28, a nickel above. Just shy of consensus. Ipad sales came in low of expectations, same for the current quarter, and last night, tim cook spoke about sales on the Conference Call. Sales met the expectations, but they did not meet yours. Our sales were gated in part by channel inventory and market softness in certain parts of the world. Two consecutive quarters up double digits, 12. 7 this time, down 9, and two years ago, ipads up 9300 . Right. I want to call this is transition story. We watch tv shows, we watch them on this series, like, that goes on, say 13, 14 show, and theres an episode where n
So were watching that closely. Take a look at the tenyear note yield, which this morning is down to 249, below 250. Well talk about that as well today. As for europe, heres how the picture is setting up. Mostly red on the board for the most part except for spain is in the green, one of the few bright spots over there. Our road map starts this morning with amazon shares, down sharply premarket after posting a wider than expected loss, while continuing to spend on new products and technology. Starbucks beating the street. A live and exclusive interview with Ceo Howard Schultz coming up. In another exclusive interview with cnbc, president obama weighing in on Companies Looking to cut their tax bills with overseas deals. And visa falling premarket. Were going to explain why. How about amazon . Reporting a much wider than expected Second Quarter loss of 27 cents a share. This as the Company Continues to spend on new services, technology and products. Amazon predicting further losses in the
Getting reports on home sales. Andrew, good morning. All the way down at the stock exchange. Facebook shares getting a boost hitting record highs. The social times beating the street. The company says it saw an increase for both advertiseres and users during the Second Quarter. Well have more from analyst dean munser. Second Quarter Results fell a bit short. Cheaper Service Plans offered to customers without subsidized cell phone cut into margins. Were going to talk to an at t analyst in the next half an hour about that. There could be a bit of good news in there, too. Qualcomm Beat Estimates on the top and bottom line. The Current Quarter profit forecast came in below estimates. In unrelated news on the company, a Chinese State run newspaper reports china appss antitrust regulators report qualcomm has a monopoly. Also, gilliad, take a look at this, posting betterthanexpected earnings in revenue after the close. The company says its new hepatitis c drug has sales of 3. 5 billion in the
Microsoft this morning, the company beating on the. Top line, but missing on the bottom line. Microsoft telling investors it ames to get its nokia unit breaking even in two years. We will have more on that in just a couple of minutes. As for apple, revenues fell a bit short. Asia, a key part of the story, ceo tim cook told analysts the companys performance in china was honestly surprising and we will have more on the streets reaction to apple in just a kup couple minutes. In the meantime, im going to send it over to kayla. A lot of moving parts in that. We are watching a number of other stocks today. First up, video game publisher electronic arts. The company is hosting better than expected earnings and revenue egz. Results were helped by strong sales such as titan fall, original revenue and cost control. That stock after hours and yesterdays trade down by 0. 5 . Ju juniper, meanwhile, below expectations. The network gearmaker citing delays in Closing Sales deals at some north american