Trading at Noon: Amazon soars on spectacular results
Friday, April 27, 2012 - 02:36
April 27 - Shares of Amazon are rallying after better-than-expected quarterly results, and a look ahead at Loews for Monday
▲ Hide Transcript
▶ View Transcript
-- -- to make money that's what's working for Amazon shares of Amazon are searching after the company reported better than expected quarterly results. Heavy spending paid off -- sales of digital content. For the Kindle fires soared improved margins and it's not -- to the slew of -- to raise their price targets on the stop. Other son is stealing all the headlines does it look at some other companies reporting today. Procter & Gamble the maker of -- posted lower quarterly profit. PE firm KKR profits rose four point 6%. And Ford beats street estimates despite lower sales in China and Europe coming up on Monday NYSE Euronext reports along with Humana and lows. Start -- Smart estimate for Lowe's is that 43 cents a share that's the predicted surprise at six and a half percent. US stocks edging up propelled by strong earnings and shrugging off weak GDP data from earlier today. US load of the first quarter inventories and we business spending -- on the figure although consumer spending -- job. Leading US and 500 higher at this hour is the consumer discretionary sector gaining one and a 3%. Crude futures are down close to 104 dollars a barrel. Go climbing on the data from this morning as our treasury prices. Now worsens stocks to watch let's go to writer's market -- spotted. And we're pretty sure -- succeeded at home and it's hopeful on the S&P 500 today gaining almost 30%. Last night the company posted earnings is healthy people's investments. That was mainly future of -- the hotel business -- city beautiful revenues in the airline ticket business. Going into the earnings have been some concern as -- it was an economist the company credits but that wasn't the case last night. Also keeping an eye on shares of apple down slightly today Apple's. Rivals Samsung reported -- sizeable profit in the first quarter its galaxy phones where huge hit with customers giving it an edge over apple in the Smartphone market. Well wasn't that delta shuttle cruising north above New York's Hudson River it was being shot at all. The enterprise on top of the 747. And all the way to JFK airport. Well it will then transported to the intrepid sea air and space museum in Manhattan. For displays starting in June the US space program ended its shuttle missions. -- never flew to space but it was the first space shuttle built by NASA it was named after the fictional Starship Enterprise. That Star Trek TV series that's opera trading -- -- and I'm Rhonda schaffler this -- writers.
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code