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Bloomin’ Brands Shares Rise in First Day of Trading

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  • Description

    FBN’s Robert Gray breaks down the day in the markets.

  • Duration 1:51
  • Date

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Let let's -- I'm Robert Gray shoulder you know the New York Stock Exchange what can you do -- we've -- the movers and shakers.

There including Research in Motion green mountain costing it we just got Howard Schultz dimension what was going on there.

Yeah absolutely -- definitely -- talking about that a little bit the takeoffs and availability Research in Motion.

Getting a bit saga about the new operating system speculation other Samsung may want a -- But that's it for licensing and might see sending shares higher today Hewlett-Packard out some positive earnings news they came offset thereof looks like there earnings are gonna be -- -- -- -- -- expectations.

That's -- the stock jumping even though at the same time that have taken eight billion dollar write down related to their purchase -- EDS a couple of years ago in the services business but nonetheless.

Some green arrows there are you know little changed day dozens and some decent side -- well they're green -- -- now.

Narrow the red arrows that we gotta talk about the downside as well because there's some short sellers out there who if you.

Down about 16% -- -- down about 25% 26%.

Down now Expedia down about 5% to what is going up.

Yeah well what's going on -- running into headwinds here is stronger dollar hurting him a lot of the bookings in the lion's share the bookings for Priceline.

Come outside the US are also talk about the weakness we're seeing in Europe also of course today just slowdown in the US is well people just not traveling as much as Liz -- I guess he got.

Shares down across the most actively to acquire -- house locked up.

Now is all about Virgin Atlantic going over to londoners a busy week for IPOs.

One that hit the tape today -- -- brands the parent company of Outback Steakhouse.

Looking at the -- -- the first tip trading there's sort of a double story here isn't there a nice move to the upside but it's.

Well I did you have to price it -- about forty some percent below what they're expected they sold fewer shares at a lower price eleven bucks a share.

Dele hello their entire -- -- about British airport guys but they do get this knocked off.

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