Video – Business

post thumbnail

Microsoft 3Q Earnings Beat Street Expectations

Microsoft posted flat revenue and a decline in net income for the fiscal 3rd quarter. Net income in the quarter through March 31 came to $5.66 billion, or 68 cents per share, down from $6.06 billion, or 72 cents per share, a year ago. Revenue was nearly unchanged at $20.40 billion, compared with $20.49 billion […]
post thumbnail

Visa’s Quarterly Profit Rises 26 Percent

Visa, the world’s largest credit and debit card company, reported a 26 percent rise in quarterly profit as consumers spent more using cards on its network. Visa and rival Mastercard have been helped by increasing consumer spending in the United States and a shift to plastic payments in emerging markets. Net income attributable to the […]
post thumbnail

FTC Issues Blistering Rebuke Of States Limiting Tesla’s Direct Consumer Sales

The Federal Trade Commission is not big on state’s limiting the ability of electric car manufacturer Tesla to sell its cars directly to consumers. In a post published today, fittingly on its Competition Matters blog, the FTC whacked such restrictions, detailing how legal protections for dealers were built, and how they in time evolved into […]
post thumbnail

Amazon First Quarter Sales Pop 23%, Beat Street Expectations

E-commerce giant Amazon.com has kicked off 2014 on a strong note: a day after announcing a buzzy content licensing deal with HBO, the company reported better-than-expected first quarter earnings results. Amazon reported $19.74 billion in first quarter revenue, a figure that beats the Street consensus of $19.4 billion and is 23% higher than the $16.07 […]
post thumbnail

GM Profit Sinks; CEO Sees No Recall Hit To Sales

The cost of recalling nearly 7 million cars and trucks sank General Motors’ first-quarter profit, but the company’s CEO said the much-publicized recalls have yet to cut into sales. GM on Thursday reported its worst financial results in more than four years, with profit falling 86 percent to $125 million. The biggest contributor was a […]
post thumbnail

April U.S. Auto Sales To Rise 8.5 Percent: J.D. Power, LMC

U.S. auto sales will rise 8.5 percent in April from a year ago as spring weather entices consumers to look at new products, industry research firms J.D. Power and LMC Automotive said on Thursday. The annualized sales rate for April was forecast at 16.1 million vehicles, the firms said, with total sales at 1.395 million […]
post thumbnail

Apple’s Analysts Almost Universally Positive On The March Quarter Results

Apple’s shares are up over $40 today driven by its very solid March quarter results and better than expected guidance for the June quarter. Rod Hall of JP Morgan says that “Apple delivered a strong quarter with only slightly weak guidance in spite of what we believe was negative sentiment heading into earnings. Visibility through […]
post thumbnail

Gene Needles, CEO of American Beacon Advisors, says frontier markets are where emerging markets were decades ago

Gene Needles, CEO of American Beacon Advisors, says frontier markets are where emerging markets were decades ago “Gene Needles, CEO of American Beacon Advisors, says frontier markets are where emerging markets were decades ago” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the […]
post thumbnail

Weaker Stocks, Slump In Yields Send Gold Higher On Renewed Ukraine Jitters

Gold prices jumped to session highs Thursday as U.S. equity markets and U.S. Treasury yields softened, with traders suggesting continued tensions in Ukraine as the spark for cross-market movement. Gold prices started the session weaker, falling through support at the 100-day moving average around $1,279.80. However, around 9:40 a.m., gold reversed its losses and shot […]
post thumbnail

Microsoft Earnings Today Will Be A Satya, Surface Double Feature

Today Microsoft will report its fiscal third quarter, calendar first quarter financial results. Analysts are expecting that the company will report $20.39 billion in revenue, and earnings per share of $0.63. Microsoft reported its fiscal third quarter 2013 financial results, including revenue of $20.49 billion, and earnings per share of $0.72. Net income for the […]
post thumbnail

American, Southwest Beat Forecasts, JetBlue Disappoints

American Airlines Group and Southwest Airlines posted profits that beat forecasts in the first quarter, even though harsh winter weather prompted many flight cancellations in the seasonally weak period. JetBlue Airways disappointed as wage increases raised its costs. United Continental Holdings posted a wider loss as revenue fell. All the carriers said revenue in the […]
post thumbnail

Nasdaq Not Yet Subpoenaed In N.Y. High Frequency Trading Probe: CEO

Nasdaq Chief Executive Officer Robert Greifeld said on Thursday that Nasdaq OMX Group Inc has not yet received a subpoena from the New York attorney general as part of its industrywide probe into allegedly unfair technological advantages on Wall Street. Attorney General Eric Schneiderman is seeking information on the relationships that exchanges and off-exchange platforms, […]
post thumbnail

Ronald McDonald Gets A Makeover, Takes On Twitter

McDonald’s announced on Wednesday that the company’s 51-year-old spokesperson is getting a makeover which will transform the burger-chain’s famous clown in to a modern day mascot. Not only is Ronald getting a new look, but the notable spokesclown will also take an active role in McDonald’s social media for the first time, using the hashtag […]
post thumbnail

M filip great for European exchange – Priest

M filip great for European exchange – Priest “M filip great for European exchange – Priest” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
post thumbnail

Fashion on trial after Rana disaster

One year after hundreds of Bangladesh textile workers died in the Rana Plaza disaster, a ‘Fashion Revolution’ wants consumers to restyle their clothes and shopping habits to ensure fairness for those employed in a multi-billion dollar industry. Joanna Partridge reports. “Fashion on trial after Rana disaster” is categorized as “business”. This video was licensed from […]
Content on this website is not meant to be a recommendation or an offer to buy or sell any security. Click here to read our full disclaimer.