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KICU First Business October 9, 2013

Close. Yum brands which owns kfc missed on earnings due in part to lower sales in china. Washington outweighs earnings with the debt ceiling drama. Yesterday the vix options set a one day volume record at cboe. While the dow dropped 159 points, nasdaq was off by 75 and the s p by 21. The commodities were much more tame. Gold moved down 6, oil inched up 52 there is a serious salmonella outbreak. 278 people in 18 states have become sick since july. The outbreak is linked to foster farms chicken. T...
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KICU First Business November 25, 2013

Down 69 centstwitters first weekly loss. The stock closed down 6. 8 for the week. And homeowners in new york and new jersey are already making money on the superbowl by renting space on sites such as homeaway. The big game is feburary 2nd at metlife stadium. Lets check in now with Scott Shellady of trean. Joining us now to talk all about the market. Good monday morning to you today and of course we are facing a holiday week here, so what do you anticipate as far as as far as volumes in the Tradi...
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KICU First Business October 22, 2013

Dropped to the 99 dollar per barrel range. Netflix stunned wall street with its Earnings Report after the close. The stock surged 10 on numbers that topped expecations netflix also offered an optimistic view for its holidays numbers. Mostly due to the success of streaming tv shows such as breaking bad. And, jc penney and Martha Stewart define a deal. Following a lawsuit claiming Stewarts Company was wrong to sell certain merchandise at macys and jcp. The revised agreement covers a more focused l...
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KICU First Business October 18, 2013

Of 1773 on the deal out of congress. Gold gained 39 dollars and oil dropped to 100 dollars per barrel. Some analysts say oil was the safe haven play during the debt default crisis. In earnings after hours google shares rallied to 950 after earnings blew past expectations. More layoffs are planned at wells fargo. The firm intends to let go nearly 1,000 employees in its home loan unit as demand falls for refis. And, the Labor Department makes it official. The jobs numbers from september will be ou...
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KICU First Business December 30, 2013

Indexes were up for the week. Commodities . Gold close higher by 2 dollars and oil was up slightly. The fast selling super sexy all electric tesla might become a new division of General Motors. Sales of the chevy volt have paled compared to tesla and there is talk gm is eying the luxury electric car as an acquisition target. The kindle is on fire. On Christmas Day the number of people activating their new kindle was 24 times higher than on an average december day way ahead of apple and samsung p...
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KICU First Business December 23, 2013

Highs. Investors pushed stocks higher on a government report showing evidence of strength in the economy. Gold gained 7 dollar oil 8 cents. Archer danielsmidland will pay 36 million to the sec to settle allegations of bribing officials in the ukraine to win tax refunds. And, Janet Yellens confirmation vote is expected january 6th. If approved by the full senate. She becomes the next fed chairman february 1st. A lovely way to start the trading day on this monday morning. Ben lichtenstein of trade...
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KICU First Business January 6, 2014

29 points. The nasdaq fell 11, s p down 1. Gold was up 11 dollars and oil moved down a buck 27. Traders tuned in as outgoing chairman bernanke defended his policies aimed at economic recovery which included a massive bond buying stimulus program. Mr. Bernanke also says he anticipates a stronger economy in 2014. And tomorrow. President obama will host an event at the white house for some workers whose long term Unemployment Insurance recently expired. Hell deliver a speech urging congress to pass...
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KICU First Business April 30, 2014

Dollars, oil edged up 17 cents. Twitter tumbles on earnings. Shares fell 10 after the close in very heavy Trading Volume after failing to show wall street enough growth in people using the social media site. Ebay shares fell about 3 even though the etailer topped projections. Its outlook was weak the alstom board accepts ges offer to buy its energy businness for 12 billion dollars. Its a french turbine business that ge wants and reportedly so does siemens, a battle is brewing. Trader Lincoln Ell...
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KICU First Business November 15, 2013

Dow and the s p. Gold and oil ended the day nearly the flatline. Rofits dip 6. 2 at nordstrom. The stock dropped after the close on the earnings. And, under the golden arches, mcdonalds plans to spending nearly 3 billion dollars nextg year opening up to 1,600 new restaurants and remodling 1,000 others. Mcd is also backing its sales growth forecast of 3 to 5 . A chevron gas pipeline explodes in texas outside of dallas. Reports say a construction crew accidentally drilled into the line. No one was...
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KICU First Business September 27, 2013

Lifted the dow up up 55, nasdaq 26 and s p 5 points. Gold sold off 12 dollars and oil ended up small change. Investors jump on nike. The stock made a 6 leap after hours in heavy trading volume. Nike easily beat earnings forecasts. Blackberry cancelled its Earnings Conference Call for today. Because of the sale of the company to fairfax financial holdings. The Company Issued an early peak last week that shows its losing money due to underwhelming sales of the blackberry z10. And google turns 15 t...
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