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This is this time -- -- the morning.
-- on the -- so.
Good morning everyone has been a big week for earnings in just about thirty minutes ago we got some better than expected numbers in from General Electric Bob secular.
A Dow Jones Newswires on the phone with us now to help us break down those numbers about what -- think.
Well I I think it's a bit mixed -- you as you mentioned they did the operating income number looked.
Better than expected 34 cents a share vs.
Expectations of 33 and -- also the revenue number was a bit a little bit higher than expected.
One thing -- people have been waiting for his industrial profit margins to increased.
Those were down again on the quarter fell to thirteen points out of the about thirteen point 8% from fourteen point 3% a year ago so I think.
You know that is going to be continuing.
Question for the company.
And -- was -- anything else in this report that John dowdy and.
Well there were some so a couple of other good item examiners are -- items we -- there energy infrastructure business which had been.
Down -- -- most last year analysis flatten out in the fourth quarter that -- but.
Profit increased -- and also -- their commercial real estate.
And inside GE capital finance unit that.
Should have pretty good.
Very actually that -- return to profitability which is a good thing has been and that's ahead of projections I think it's that they.
-- expect -- until 2013.
You know obviously getting to that as well so that's -- so.
An any key comments here from the CEO Jeff.
Well I hate it mentioned in the prepared statement bit even though operating -- property market.
Profit margins and industrial were down that they expect by other forecasts and they will increase.
Through the years so that the -- -- is that pricing.
Showed some positive signs in the first quarters of both good times.
So overall Bob would say this is a good reporter bad -- Hello -- -- -- -- it depends on what people focus on a minute you're wanting profit -- to increase and waiting for that growth.
That doesn't seem to have happened yet -- -- you know that what.
The margin but at the same time they did.
People of the expectations and they stopped by the forecasts.
That's -- but I just depends on what people are gonna focus on.
-- about that they're Dow Jones Newswires thanks so much thank you.
And now let's take a look at the markets this morning here in the US futures have been in agreed across the board all morning renouncing Dow futures up by 64.
The S&P is up by about seven and the nasdaq's up by almost thirteen over in Europe.
German business confidence unexpectedly rose for a sixth straight month stocks there are in the Green London's up.
By almost thirteen Paris is up about seventeen and Frankfurt's up 71.
Now let's take a closer look at what's moving those markets with BDC partners market analyst Louise Cooper.
Over in London -- we have this IMF meeting coming up this weekend.
And that -- -- decision in trying to get member nations to pledged money to the European rescue fund do you think Lagarde.
Will meet her target and if she does will it be enough.
Well she said she's got to 320 billion dollars -- targets 400 billion dollars.
Sites she's sort of on the Y and I think the comments have been she's pretty convinced she'll get that that the real problem now is it's quite difficult for Hala.
Many non Europe countries -- -- countries around the wild.
Look at the US and crisis and say why is it the IMF's role to -- the message out shouldn't it be Europe's well it's almost like.
Unity in the job many as -- -- well with the IMF as lender of last resort for the US that that kind of back.
Did delay when that the IMF is not a country that it is segment BI MF is not -- -- isolation that US and countries go to fast it's the year our institutions.
And that pulled then is that he gave Europe so he'll mess out.
Fast before the IMF gets involved.
Hi Louise Cooper from BBC market thanks so much -- Let's take a quick look at commodities now oil and -- have been in agreeing this morning just like the market -- -- oil up.
By about seventy cents around 103 a barrel gold is up almost four bucks at 1644 -- we have another earnings report for you now this time from Kimberly-Clark.
The consumer products companies reporting a profit of a dollar 24 cents a share.
That beat the S -- -- -- seventeen cents revenue of five point two billion dollars it was also beat the estimate there.
Was for five point 05000000001.
More quick look at the markets now features are still in the Green across the board Dow futures are up by 64.
The S and he's up by about seven in the -- up by thirteen commodities also still in the Green.
Imus in the morning continues right now on Fox Business giving -- the -- across.
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