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Midday Market Report: 1/27

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  • Description

    U.S. economic growth concerns Wall Street

  • Duration 1:32
  • Date

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Some concerns about US growth are weighing on Wall Street the government says the US.

Like two point 8% in the fourth quarter while that was the strongest growth for all of last year it was less than the three point 1% growth analysts had expected.

The number will be revised two more times.

-- on that its profit fell to around five billion dollars last quarter but now's group thanks to higher crude oil prices.

Starbucks posting -- tea sized profits in its most recent quarter coming in at a quarterly record.

A 300 -- 82 million dollars but some investors on Wall Street are disappointed by Starbucks guidance for the full year.

While single serve an instant coffee or big successes.

Higher commodity costs are expected to land -- job at giant's bottom line this.

-- also posting solid numbers the auto makers that it -- more than twenty billion dollars last year its best annual earnings since 98.

Most of the gains however were due to accounting changes.

-- challenged by slowing sales in both Asia and in -- -- In the wake of -- Sony madness at target comes Jason -- You know designer likely from the First Lady Michelle Obama's and -- -- was -- 2009 making him.

An overnight sensation -- now he's coming to the masses with -- 53 piece collection for target.

On -- from Super Bowl Sunday until March 6.

That's from -- the day's top business stories Lott content foxbusiness.com.

In New York online's minute.

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