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Detailed text transcripts for TV channel - MSNBC - 20131107:16:33:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20131107:16:33:00

Generated $422 million in revenue in the first three quarterses of the year and it's not making money just yet. dick costello who i sat down and spoke to, ahead of the debut on the new york stock exchange says this is all part of the plan and that they're investing in long-term growth. here's what he had to say. >> they nothing structural about twitter that prevents us from having the kinds of margin profiles of our peer group. we are investing for the long term. we think this is a long-term company. a company that for which there is a fantastic use case for every person on the planet. >> part...

Detailed text transcripts for TV channel - MSNBC - 20131107:19:19:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20131107:19:19:00

A share after opening this morning at $45.10. the opening price was already 73% above the initial public offering price set last night at $26 a share. this morning twitter executives rang the opening bell at the new york stock exchange. investors are betting that twitter is destined to become wildly profitable, although it's never turned a profit in its seven years of existence. here's twitter's ceo on that. >> there's nothing structural about twitter that prevents us from having the kinds of margin profiles of our peer group. we are investing for the long term. we think this is a long-term co...