Lower than expected contributions from some of their newer direct response products. As for the current quarter, guidance was actually cut as well along with the fiscal year for 2015. So this also sent shares down 18 at the closing bell. As for the leak, lets go back and explain what exactly happened here. Earnings were first posted by Financial Data platform called xolairty. They were obtained they say from the Investor Relations website. They say no hack or leak actually occurred. Twitter has come back and said they originally asked the New York Stock Exchange to halt trading once they discovered their quarter one earnings numbers had leaked and published our results as soon as possible. They went on to say we are investigating the source of the leak. But early reaction from analysts is not positive. Rbc Capital Markets mark mahaney an analyst there gave it a negative first passing quote, the revenue miss overwhelm all. This miss is very surprising. Raising question how much visibili
Into this final hour. We are starting to see some selling intensify here. We have to figure out whats going on here. The s p, to give people a sense of the broad market gauge, thats down by. 25 . The nasdaq is off by. 5 . The typical correlations having been falling into place. A lousy 30year auction today which sent yields skyrocketing. The 10 and 30. But that took its toll early on. We got to figure this out what this selling is about. We are tracking two stocks that are nowhere near their alltime highs. Tesla getting crushed today off almost 11 off earnings that were reported giving investors a reason to hit the brakes on this momentum stock. Stabilizing a little bit today, it is up. 5 . Remember it lost 20 of its market cap yesterday. Someone coming up on the program who says whole foods is still an incredible brand and the stock is a buy right now. Bull and bear time on whole foods coming up. Breakup, breserkshire hathaway. Warren buffett says no way. But it would unlock billions
Industrial sentiment, the worlds biggest maker skf says the outlook is uncertain, but better than expected figures. Well hear from the ceo in 30 minutes. Warm welcome to you. Plenty to look at. Well dig into the resource sector fairly shortly. Before that, Goldman Sachs reports before the u. S. Bell this morning with analysts expecting another stellar set of figures. The investment banks beat expectations for the last four quarters. Analysts are estimating a 20 increase in revenue this quarter. We also expect cocacola to postearnings of around 63 cents a share, down from 1. 21 per share for the same period last year. The companys expected to remain pretty focused on emerging markets for growth. As far as Johnson Johnson is concerned, performance has been solid across all Business Segments with strength in pharmaceuticals, and health care. Shares up over 30 in the last 12 months. And then after the bell today, well hear from yahoo . Not expected to dazzle. The stock has. Up over 70 sinc
And all of the major averages are doing very well today. The dow and s p are in record territory. Have you seen the transports . Even though oil is up sharply today . Transports up 3. 4 . Also in record territory. Big recovery there. Transports are recovering. Technicians want to see the dow move up together. Also big interviews after the bell tonight. We have clorox ceo here. Both here tauming about earnings and the economy. We will also ask about a new report that the ratings industries are loosening standards again. That reaction, stay with us. Takes a look at sfly. It is a pretty picture. You got that . Got it. Got it. Stock soaring on news that it actually lost money but not nearly as much as the street had expected. So it is off to the races for shutterfly today and its ceo will be here in a few minutes. We will talk about how you make money in that growing part of this business. So shall we check where we stand right now going into this final hour . Here are the numberes. Dow jo
Fisker (NYSE:FSRN – Get Free Report) and Volcon (NASDAQ:VLCN – Get Free Report) are both small-cap auto/tires/trucks companies, but which is the superior investment? We will contrast the two businesses based on the strength of their earnings, profitability, analyst recommendations, valuation, institutional ownership, dividends and risk. Profitability This table compares Fisker and Volcon’s net margins, […]