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This is this Imus in the morning.
On the fox.
Good morning everyone we're getting -- -- from Dow Chemical or right now the companies reporting a profit of 55 cents a share missing the estimate for 64 cents.
Revenue came in at fourteen point five billion dollars that was also laments the expectation was for fifteen point seven billion dollars.
We also got earnings in from International Paper that companies reporting an adjusted profit of 46 cents a share matching the estimate dead on.
While revenue came in at seven point one billion dollars slight -- there they were looking for seven point 31 billion.
FaceBook is set to report its first quarterly results as a public company after the bell today but disappointing earnings.
From -- -- have cast a cloud over expectations.
Analysts -- looking for a profit of twelve cents a share on revenue of one point one billion dollars for the second quarter.
And one key area to watch will be advertising.
Several recent studies show FaceBook is making progress at getting people to click on paid ads and it's gaining some ground in mobile ads as well but.
Shares are down more than 7% in premarket trading following -- -- second quarter results.
That company -- is plummeting by 37%.
In the pre market.
After -- -- expectations and slashed its outlook for the year.
Using a reported a profit of one cent four cents below the estimate on revenue of 332 point five million dollars was also below.
Point twelve million forecast.
-- blames -- for performance -- a steep drop off in players for its core FaceBook games.
It now says it expects to earn a profit of four to nine cents a share for the year down from the previous forecast of 23 to 29 cents.
Checking the markets now here in the US futures war in the -- across the board earlier with southern turnaround -- Dow futures are up by 81.
The S&P is up by about ten and the nasdaq's up by eighteen those markets along with European markets got a boost.
After European Central Bank president Mario Draghi said the Central Bank was ready to -- Whatever it takes to preserve the you're you can -- stocks in Europe also turn things around from red to green London's up by fifty Paris up by about 57.
And -- up by about 38 we're getting Arrington from -- -- now coming candy maker is reporting an adjusted profit.
A 66 cents a share beating the estimate for 61 cents.
Revenue came in at one point four 41 billion dollars that was a slight miss yesterday there was -- one point point 42 billion.
Now let's get back to the European markets and find out what's moving them with IG markets trader will head in over London well.
Markets got pretty sharp boost -- comments from jobs ER invest could be too optimistic here or should they -- some confidence in this.
It's human negotiated doesn't like committed us crosswise we've had a quite quiet steady -- morning dominated loss -- -- -- until these comments.
I received at meeting year off a fair amount -- -- -- injecting an innovative positivity into the into the equity markets I think it's a to be a little bits of that.
-- balance we we might see this kind of peace throughout perhaps over the over the next that they like to -- its -- because you're noticing that that that this is -- -- be violent sanskrit -- heavily in Germany.
And it will -- stay with me Paramount and I just wanna get through -- reports that we just got an but I wanna come back TO Sprint Nextel is reporting that -- lots of 46 cents a share the estimate there.
Was for a loss of forty cents -- -- wire lost their from sprint.
Expected revenue came in at eight point eight billion dollars the estimate there was for eight point 73 billion so that was a -- on the estimated.
And now let's get back to will head and well thanks for hanging in there for is that it I wanna get back to his comments from Draghi to things that.
That he said I found interesting that the Euro is irreversible and that Euro membership wouldn't affect the value of Euro investment -- -- Greece for example were to leave your investments.
Would be find you agree with that.
Well I think you.
Possibly know I think with the first point I think it's it's a little bit more agreeable the second point I don't think so previous -- Preceding year is gonna leave a lot of people out of pocket a lot of a lot of banks a lot of institutions and sending a lot of governments as well -- On the -- -- from from the second point -- the first -- Though that the Euro was a hallway it seems so yeah integrates insists the -- -- -- to such exits and lengths to.
So to bring it all together that really seems -- -- that they would be.
It does just that if Farrell like we've been perhaps the suggesting that they could would be -- company the F that they don't seem to get this fall.
You know aren't that's will -- and IG markets over London thanks silicon hating on banks.
And we're -- -- -- from Colgate-Palmolive.
The consumer products companies according an adjusted profit of one dollar 33 cents a share.
The estimate was exactly that a dollar 33 revenue came in at four point 27 billion dollars just beating the estimate for four point 25 billion.
Here's a look at commodities now like the markets -- gold turned things around announcing oil up by 85 cents hovering around 8990 dollars a barrel.
Gold is up by about ten bucks trading at 1620 to announce.
Imus in the morning continues right now on Fox Business giving you the -- across.
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