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On the top line with revenues, beat on revenues but missed on the bottom line by as single penny. This brings the focus to the entire Dow Jones Industrial average which appears to be the lone standout at this hour when it comes to the major indices. That is largely on the backs of some plastic many of us carry in our wallets and that is American Express. And max next to intel reporting earnings after the bill came out with numbers the market loved if you were watching fox business, you knew it was a big beat. Shares of American Express jumped in 4. 5 and that is spilling over to one of its rivals. This is really a company that gets a fee no matter what anybody is charging. Visa is moving higher by 41 3 . Morgan stanley was the last of the big banks to report earnings overall while profit fell by 70 . Excluding ....
Going viral. That and more in this hour of markets now. Connell thank you for joining us. I am connell mcshane. Dagen mcdowell will be back on monday and we will get back to those things i talkedabout including the devil they be in a minute but we will talk the start with the markets, we see Nicole Petallides in place at the Stock Exchange. Nicole we are pushing ourselves into positive territory for the week. This week the dow is up 3 points. Right now but 52 points at this moment, up 1 3 , the nasdaq and s p the selling of quietly. We are talking fractional moves. It is expiration friday so we could see some volume and volatility today, we got in some Housing Starts numbers, nearly 10 . What is interesting is continuing to surpass analysts expectations and to summer levels so that continues to be good news ultimately ....
That was some good signs. The Dow Jones Industrials down 100 points. We noted another weekday here on wall street. Concerns about global currencies again. You have also gotten some earnings that have been tepid. That is what has driven this market. On thursday we got great earnings from some of these companies. On the dow jones industrial, chevron has been weighed on the dow. That is because of the margins they got. The refining margins. That has been weak on the Dow Jones Industrials. Back to you. Adam no signs of slowing down. Sandra smith is here with more on this for us. We are getting serious outlook from emerging market bonds. 6. 3 billion in outflows. That is just on a oneweek basis. Outflows totaled 4. 2 billion. The biggest for the week. Theres speculation is that a lot of that is hurting franklin templeton. I do want to take this to the stock market. D ....
Head. We have that and more with Dagen Mcdowell on markets now. Dagen black friday, starbucks, stainless steel coffee mugs. Espresso drinks. Dagen i will get you that for christmas. It used to be. Connell a crazy winter storm wreaking havoc among travelers today, leading into one of the busiest retail weekends of the year. Dagen is this good news that the Consumer Federation at National Credit union expected to rise 3 , 4 . Peter barnes will explain all of it from b. C. More people will spend more money on Holiday Shopping this year but the numbers might have been higher had it not been for the fiscal battles in washington making people cautious. America and the National Association polk 1,000 con ....
That is good news, right . Industrial production came in line and we saw Consumer Sentiment swept of a little bit. American express, visa and exxon leading the way on the dow and keeping an eye on ups. Shares have been down, the company warned 2013 numbers are going to be a little weak. They did handle record amounts of packages ahead of christmas it was after christmas that the company hit their margins, had a slew of borders, tried to keep up and face tough weather conditions. 1. 5 for ups. Ashley thank you. Lori is not just ubs, elizabeth arden, soda stream, lulu lemon, game stop among Companies Cutting their earnings forecasts. Negative sentiment crazy high on wall street, 96 companies on the s p 500 issue here earnings outlooks for the Fourth Quarter. They are well below wall street consensus. Corporate ameri ....