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Microsoft to Unveil Windows 8 Today

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  • Description

    FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.

  • Duration 4:59
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This is -- Imus in the morning.

On the farm -- Good morning everyone shares his friend Nextel -- trading slightly higher in the pre market after the company reported a smaller than expected third quarter loss.

The wireless company lost 26 cents a share much better than analysts had forecast.

-- revenue of eight point 76 billion dollars was just short of the estimate.

For eight point 81 billion Sprint Nextel sold one point five million iphones unchanged from the last two quarters.

Shares of -- group.

Are trading lower in the premarket after the second largest US home builder reported lower than expected third quarter revenue.

But -- the group swung to a profit for the quarter as the company reported more closings and -- yourself prices.

And pulled the earned thirty cents a share beating the estimate by ten cents.

Revenue rose 14% from last year to one point three billion dollars coming in short of expectations.

But new home orders a key measure of housing demand rose 27%.

From a year ago to 4554.

Homes.

Windows is set to launch its long awaited windows eight operating system today and the latest generation of windows popular new software.

The tech company also unveiled or will unveil a -- -- tablet and Robert Gray is live from -- at 57.

In New York with more on that.

Hi Robert.

-- -- good morning that's right Microsoft trying to dominate it is well at least early on in the day when that upstart from Cupertino.

Is releasing their earnings after the closing -- around here -- on the west side how -- in Manhattan and they'll be unveiling.

When -- -- and surface of course.

In just about a couple hours' time from now.

But first of all -- windows here this is every bit -- say -- their biggest gambit in seventeen years going back to windows 95 -- but we have some.

Video that shows you this is a total redesign.

A little bit more mobile ask if you -- even for your desktop or laptop -- as they're moving towards touch screen technology.

You see what they called smiles -- different colors.

On your desktop would you -- it -- your personal information to.

-- lies some of those other tablet devices out there looking to better integrate some of the other Microsoft products like being Xbox music -- drive.

But they are selling it to a shrinking PC market.

Can this theory yet it generate interest in the PC which seems to be dying breed out there as tablets come more into play -- speaking up.

Microsoft may get -- personal random making computing hardware.

With the surface validation to sneak peeks at had a hand Soledad it's a well designed sleek machine we'll get more details on that today.

They both go on sale tomorrow so we'll have to wait long for the early reviews.

The questions of course.

Where are the apps -- apps but it -- app developers they're taking more or less say wait and see attitude to see if this is a viable third ecosystem if you will.

Behind Apple's IOS of course -- the android from Google out there.

-- this money market in the details well investors be happy the stock hasn't done much under bombers tenure.

And what about their partners are they upset that Microsoft is getting at a hardware in these questions -- put the state bomber guys back to you.

All right interesting stuff -- for the third CA -- -- thank.

And are getting -- and now from ConocoPhillips the integrated energy companies reporting an adjusted profit.

Of one dollar 44 cents a share topping the estimates for a dollar ninety we're still waiting on revenue.

Numbers there from ConocoPhillips but we are getting earnings in from Sherman Williams Sherwin-Williams that is the home care company.

Is reporting a profit at two dollars 24 cents a share topping estimates for two dollars twenty cents.

Revenue came in at two point six billion dollars just shy of the estimates for two point 66 billion.

Meanwhile looking at market stocks are in the green have been all morning here in the US futures are out.

For the Dow by about sixty points yes -- up about seven and the NASDAQ sept seventeen.

Any here at the UK came out of recession with a third quarter GDP reading of 1%.

That was better than expected and the strongest quarter in five years earnings from BASF and Unilever were also better than expected and a lifting stocks this morning.

London's up by 21 Paris by nine in Frankfurt's at 38 let's go to mark priest at a take a closer look at these European markets and mark.

-- a lot going on today eurozone officials are expected to proceed with plans to give Athens two more years to meet its budget -- but tickled with that means giving Greece.

A lot of money here -- all this money come from -- thirteen to twenty billion euros.

Analyst Frederick questioned her brief leave whenever there's oversee.

Possible whereabouts to your first time as well sort of I think people -- going to be caucus have whether one has come from we have we have seen a little bit of bounce in Europe to very but so whether his shoulders and off remains received.

All right that's mark priest mark starting to start with you -- -- -- little short on time this morning thanks so much.

Let's take a look at commodities now we are seeing oil and gold to the upside like the markets -- drumming up by about 84 cents trading at 87 dollars a barrel.

Gold up by sixteen bucks and 1718 announced.

Imus in the morning continues right now on Fox Business.

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