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FBN’s Adam Shapiro breaks down Cheesecake Factory’s first-quarter earnings results.
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I'm Adam Shapiro -- their thoughts business -- shares of Las Vegas Sands are on the rise after better than expected first quarter results the casino operator posted adjusted earnings per share of seventy cents beating estimates by ten cents.
Profit for the company was helped by strong revenue from Singapore operation revenue also topped Wall Street's forecast coming into two point 76 billion dollars.
It was a makes first quarter for Cheesecake Factory though earnings per share for the restaurant chain beat estimates by a penny.
Coming in at 37 cents a share on the flip side revenue fell short of expectations.
Wall Street rounding out the trading day in a sea of Green blow -- results from apple for the lifted optimism about the strength of earnings.
The markets also held steady after the latest news from the Federal Reserve as expected the Fed promised to.
Leave interest rates on hold until at least late 2014.
That's the latest on the Fox Business Network giving you.
The power to pro.
