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Its eighth straight day of gains and we begin with earnings from microsoft which added to the string of strong results reported by other dow components. Microsofts quarter was powered by the new cloud business. And not by the product it may be guess kn windows. The ceo has shifted the focus amid the slowing pc sales. The dow component earned 69 cents a share, a full 11 cents better than estimates. Revenue also topped expectation although annual revenue fell n since 2009. Cal 2015. Still investors liked what they saw, sending shares higher in initial after hotrading. Josh lipton has more. Reporter 6. 7 billion that was the big number in microsoft atest earni reported for its socalled intelligent cloud segment. Kurt mctern of evercore whd tha important because this is a critical part of microsofts strategy going forward. It was also weaker than expected in the Third Quarter so investors wanded to see this wanted to see this bounce ba ....
45yearold jason appear in court say he killed six people and hurt two others over the weekend. 10news reporter emerald morrow is live in the satellite heinous crime have a criminal background . No, he didnt, ian. Clean up until saturday. When opened fire on those six people. Ranging in ages from 14 to 74. And whats even more disturbing about all of this . The suspect, jason dalton, was allegedly still picking people up and dropping them off in between his attacks. Officials say the random shooting spree began at an apartment complex where he shot a woman four times. From there, Authorities Say he killed a father and son at a kia car dealership, and then went on to kill four people in a Cracker Barrel parking lot. A man who had gotten a ride from dalton before all the shootings took place said he warned police and uber itself about the mans erratic behavior. Oclock. You. Just ....
Passenger jetliners surged in 2014. Global news powered by 12 400 journalists and more than 150 news bureaus around the world. I am mark crumpton. I am cory johnson and for emily chang and this is bloomberg west. The fbi has dropped the case against apple saying they successfully managed to bypass the security. The highly anticipated vr headset hits the market today, but is the content ready for prime time . And nder Tim Westridge tim westerton is back. Legal actionrawing against apple after they successfully bypassed the security of the iphone without apples help. Thats go to matt larson for the latest as well as paltrow Paul Kedrosky will join us for much of the show. Like the fbi has successfully been able to access the information it was seeking from the iphone without the assistance of apple. It looks like there was a third party involved that gave them a technical capabil ....
And not when the hooting and hollering in the market place says something must happen or else, whatever else is. And thats how the stock market could rally today. Dow gaining 74 points. Its highest level of the year, by the way. S p advancing 5. 65 , nasdaq climbing 0. 75 , because the feds got a brain. Its not on auto pilot. Its taking the long view. And it doesnt want to be the reason why the u. S. Economy gets weak, like almost every other country on earth. Especially during an election year. With one candidate, donald trump, running against a huge part of the federal government. You dont want the fed to be added to the list of enemies that can be trashed at a whim. [ booing ] when the fed decided today that it wasnt going to adhere to the four rate hike plan for 2016 that it foolishly laid out in december, we got a nice commonsensical change of pace. While i personally think the datas gotten a bit better over the last month and hiring is better too, we finally seem to have gotten a ....