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Toyota Shares Get Boost from Profit Forecast

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  • Description

    FBN’s Nicole Petallides on the day ahead in the markets.

  • Duration 1:22
  • Date

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This transcript is automatically generated

Out the market is now open.

This is election -- what are we going today looks like this markets.

Will started out right around thirteen thousand in the election period.

So would down 1415 points in the early going.

Thirteen 1078.

Is where we saw thirteen thousand -- -- be the benchmark from which to judge the election result and its impact on stocks.

We've got general motives sometimes called government motors in May be a lie ahead.

But Toyota just raised its forecast and reported its profits tripled from the year ago so let's talk of the faith Toyota and -- -- That's right plus a look at tell your mother is looking higher right they lifted their -- and cutting costs.

This is to offset what they've been seeing the weaker demand from China good news here pointing at a matter today -- Has nothing to do with the election except that Toyota is on the way back and General Motors which is a highlight of the election.

Maybe it's not all right let's get to Netflix is okay that's -- I think -- dollars and.

-- Netflix is a story that really was developing from last week to member Carl Icahn had released that.

In the SEC filing that he had acquired a 10% stake in at like -- you start thinking takeover.

Changes to be made and now Netflix has adopted the poison pill which basically is a way that these companies and dilute the shares.

And make at last likely are more difficult for an acquirer to just step -- and take -- spectrum.

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