July 26 - On today's Morning Call we bring you results from Starbucks, Newell Rubbermaid and Samsung.
▲ Hide Transcript
▶ View Transcript
Not Friday morning caught with a shot of espresso. Starbucks shooting up 6% in the premarket to nearly 73 dollars. Several brokerages including JPMorgan raising their price targets on the heels of those numbers. Starbucks reporting a huge jump in profit and raised its forecast for the rest of the year. It's the usual lot -- -- topic counter customers attacked its new line refresher. Surprised with the hot summer ice -- -- also helped drive -- in the US its top market. That -- responding to the call of duty selling 85% of its stake in Activision Blizzard to that company for eight point two billion dollars. The venue still hold on to 12% act. The shares -- thirteen dollars and sixty cents a 10% discount Activision closing price on Thursday. Shares of Activision soaring 22% this morning. And does Google in an SEC filing -- companies -- expect one point three billion dollars buying out sixteen companies this year. The largest was ways and that startup came to price of 9669. Dollars -- years. I'm earnings and Samsung the company reported a 47 and a half percent rise in profit. But it's -- division which generates two thirds of its total earnings. Three and a half percent from the previous water. Samsung still ahead of apple in the global Smartphone race in fact why it's lead from the second quarter of last year. That's according to data strategy analytics released just yesterday. Sampson also got a huge advantage over apple -- its components business profit at its making unit rose 71%. Last quarter. Which appliance Zynga that company will now not pursue real money gambling in the US. Of course that has investors wondering how exactly is the plans to grow as many saw that as its sole lifeline. This comes as reported a 40% drop in monthly active users in the second quarter. She -- Zynga as you can imagine in freefall down almost 18% in the premarket. No other day out with results this morning beating the street this latest report demand in Latin America drew profits higher perhaps that's untapped market fresh peas. The company also up the lower end of the year forecast. Wrapping it up with a market S&P Dow and NASDAQ futures pointing to -- lower open today. Data on consumer sentiment out at 10 AM -- the Thomson Reuters University of Michigan wheat for July. Critics justice rise in sentiment for -- -- That is your Friday morning -- member. Follow us on Twitter -- inside and it was great video that Reuters dot com slash players.
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code