The biggest drop in 11 months ahead of cpi tomorrow. Our retail map with slipping all out with earnings, most of them down in the premarket. Plus detail from facebook to take on tv with original video content. This is a day after disney added fuel to the content battle as it partially splits over time from netflix. And day of ipo report cards blue apron is dropping in the premarket. Busy day for retail earnings this morning we heard from macys and kohls. They both beat the street. Dillards reported. That stock down after it missed estimates and same store sales fell by 1 well hear from nordstrom today. Theyve sort of been all over the place. Up and down. People are being stupid theyre being stupid kohls is a good quarter the concern is the 5. 5 yield. Not a problem. Macys, really, really good. Why . Because they reaffirm. This is a company that has not reaffirmed in ages i think thatthe new management there is energized theyre spending on the stores to make them look better cash flow s
Scott mcgrew, this week i learned two things, one, fico, the Company Famous for the fico score, does not decide your Credit Rating. Who knew . And also fico is headquartered in Silicon Valley, about two blocks from this studio. Again, who knew . Will lansing is ceo of fico, i assume he walked over here from his office, hes past ceo of fingerhut, info space, joined by Mark Sullivan and laura mondaro of u. S. A. Today. Lets start with this idea that fico doesnt my fico score is so important. But somehow youre not the Credit Rating . The way it works is were an Analytics Company and we produce the algorithm and the score. But we dont have any data. So the data is held by a credit bureau, by someone else. And they use our algorithm to produce the score, which they then share with banks, thats how the credit determination is made. I have a macys bill, i dont pay the macys bill. Its expeerian or others who know i depart pay the bill and they tell you . Exactly. Were, a bank is trying to figu
And target will discuss their thanksgiving. And new wikileaks emails give insight into the Clintons Campaign relationship with still loi c Silicon Valley. Well show to you coming up. But we begin with the Earnings Reports. Bob pa welcome, everybody. Bob, well start with you. A lot of things going on, about 30 of the s p reporting. Tales of the tape, lets go through a couple companies. Oil and gas, baker hughes big sur rice. Narrower loss than expected. They see an uptick in drilling activity in the United States. That is a big story. North america activity will modestly increase. Wow, this quur similar are to what halliburton said. Baker hughes up 4 . How about Procter Gamble . 3 organic sales growth, an amazing number. They reaffirmed full year guidance. They have fewer brands but massive scale and reach. Take a look, that is a nice move up 4 their Earnings Report. And how about United Technologies . They raised the low end of their full year guidance that was a bit of a surprise. Aer
Were seeing 51 degrees and patchy fog in dublin. On the left side you see clear skies in san jose, 51 degrees. Haze in San Francisco. 58 degrees, 67 by around 2 00 today. 75 in san jose and close to 70 today . Santa cruz. Not all schools, but many schools getting today off. Businesses as well. We know that from the signs we see. Much less traffic as we look at your approach. Your speeds and times getting over toward the bay bridge, looking great. 15 minutes upper eastshore freeway. No delays for the toll plaza. Let me show you the live toll plaza shot we have. This backup is for the fast track lanes. The cash lanes are moving smoother. That means the more frequent commuters that have fast track, they are in line. If you pay cash this morning, you can actually save yourself a wait. Lets get to an update, breaking news weve been following all morning long. A crew some discovery in the east bay. Three bodies were found at the scene of an overnight fire. Investigators say they may have bee
Were seeing 51 degrees and patchy fog in dublin. On the left side you see clear skies in san jose, 51 degrees. Haze in San Francisco. 58 degrees, 67 by around 2 00 today. 75 in san jose and close to 70 today . Santa cruz. Not all schools, but many schools getting today off. Businesses as well. We know that from the signs we see. Much less traffic as we look at your approach. Your speeds and times getting over toward the bay bridge, looking great. 15 minutes upper eastshore freeway. No delays for the toll plaza. Let me show you the live toll plaza shot we have. This backup is for the fast track lanes. The cash lanes are moving smoother. That means the more frequent commuters that have fast track, they are in line. If you pay cash this morning, you can actually save yourself a wait. Lets get to an update, breaking news weve been following all morning long. A crew some discovery in the east bay. Three bodies were found at the scene of an overnight fire. Investigators say they may have bee