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TheStreet TV

Summary: Financial news and analysis from TheStreet

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 Disney Heats Up on 'Frozen,' AT&T & Verizon Eye FCC's Internet Rules | File Type: | Duration: 00:42

U.S. markets were mixed and trading in a narrow range at midday Wednesday. The Dow Jones Industrial is being led by Disney (DIS). Other blue chips closely watched include Verizon (VZ) and AT&T (T) on new net neutrality rules expected to be proposed. In an op-ed for Wired magazine, the FCC chairman shared his plans to regulate the Internet as a public utility. Oil prices pulled back from solid gains after inventory data showed more stockpiles than expected. The EIA report showed an increase in crude oil stockpiles of 6.3 million barrels for the week ending on January 30.

 Staples Buys Office Depot; Stocks Edge Lower on Oil & Jobs Data | File Type: | Duration: 00:48

Stocks pulled back from a two-day winning streak at Wednesday's opening bell. Wall Street is edging lower as the rally in oil prices fades and on disappointing jobs data. The ADP Employment report showed the private sector added 213,000 jobs in January, below estimates of 225,000. The private-sector data comes before the Labor Department's jobs report out Friday. Office Depot (ODP) is higher in early trading after its rival Staples (SPLS) agreed to buy it in a deal worth $6.3 billion in cash and stock. The merger will result in only one major office supplies retailer in the United States. Disney (DIS) reported a stellar quarter boosted by sales of 'Frozen' themed toys.

 Disney, Macy's in focus; Pfizer Gets Early Approval for Drug | File Type: | Duration: 02:54

Disney, Macy's and Green Mountain Coffee Roasters are in focus in earnings news and Pfizer gets the greenlight from the FDA for a breast cancer drug two months early. Disney posted better than expected earnings and higher revenue in its latest quarter thanks to strong topline numbers from its TV networks and sales of paraphernalia associated with the animated movie Frozen. Macy's is a stock to watch today as it raised its outlook for the year and plans to buy BlueMercury for $210 million in cash. The FDA has granted early approval of Pfizer's drug used to treat advanced stage breast cancer. The approval of Inbrance came two months early. Pfizer needs some big-selling new drugs to boost its earnings, following patent expirations on many of its biggest brands and a relatively thin supply of promising drugs in late-stage trials. Pfizer said the drug is available to order immediately through specialty pharmacies. Keurig Green Mountain Coffee Roasters turns in first quarter earnings results today. KeyBank Capital Markets reiterates its BUY rating on GMCR with a $175 price target. Sales of single K Cups versus sales of brewers are expected to drive numbers.

 Wendy's, Twitter & Caterpillar Big Gainers as Oil Ignites Stocks | File Type: | Duration: 01:07

Stocks soared on rising oil prices on Tuesday. The Dow Jones Industrial finished up more than 300 points. The S&P 500 and Nasdaq gained better than 1%. Crude oil spiked adding 7% to further its multi-day rally. Futures for March delivery settled at $53.05 a barrel. Energy stocks rode oil's rally with shares of Chevron (CVX) and Exxon Mobil (XOM) leading the blue chips higher. But it was Caterpillar (CAT) that was the best performing Dow component. The tech heavy Nasdaq was held down by heavyweight Apple (AAPL). Twitter (TWTR) soared more than 6% higher after announcing advertising deals with Yahoo (YHOO) Japan and Flipboard. And fast-food chain Wendy's (WEN) was a big gainer in the session on its plans to sell 500 additional locations to franchisees.

 Ford & General Motors Roll Into Wall Street With Strong Auto Sales | File Type: | Duration: 00:53

U.S. markets soared in midday trading Tuesday with the Dow Jones Industrial up triple digits. Rising oil prices and positive developments from Greece on its debt talks are boosting investor confidence. Stocks drifted from session highs on factory orders for December falling 3.4%, more than the 2.4% fall expected. The report comes a day after a surprise dip in the January ISM Index. Positive auto sales rolled into Wall Street with American carmakers General Motors (GM) and Ford (F) both reporting their best January in years. Some RadioShack (RSH) stores may have hope from disappearing entirely after the stock was delisted from the New York Stock Exchange (ICE) Monday. Bloomberg is reporting Amazon (AMZN) could be interested in buying some of the retailer's locations.

 UPS Disappoints, Staples & Office Depot Up on Deal Rumours | File Type: | Duration: 00:50

Stronger oil prices boosted stocks at Tuesday's opening bell. Crude prices are extending their rally into a third day on speculation of supply will decline. Major oil companies like BP (BP) and Chevron (CVX) announced cuts in capital expenditure. At the same time, oil's gains are coming as strikes at U.S. refineries continue. Owners have said their facilities will keep running and supply won't become an issue . UPS (UPS) reported earnings that were below its own expectations. The company's CEO said actions will be taken to 'improve profitability and increase operational efficiencies.' Shares of both Staples (SPLS) and Office Depot (ODP) spiked in early trading. The Wall Street Journal reported the office supplies retailers are in advance deal talks to merge.

 Deal Tuesday: Radioshack's Suitors and Staples/Office Depot Merger | File Type: | Duration: 02:31

The futures markets are pointing to a higher open this morning. New developments with Radioshack: The New York Stock Exchange is in the process of delisting the stock. RadioShack, has seen losses in each of the last 11 quarters, was aiming to file for Chapter 11 protection as early as yesterday, but nothing concrete transpired. Separately, there's a report in Bloomberg that Amazon has been in talks to buy a stake in the struggling electronics chain after it files for bankruptcy. Amazon isn't the only reported bidder in the fray. Sprint has discussed buying several thousand of RadioShack's more than 4,000 U.S. locations. Staples and Office Depot are in advanced talks to combine, according to people familiar with the matter.. There are too many places to get office supplies, including Walmart and online. Staples has a market value of about $11 billion, while Office Depot, which in 2013 absorbed rival OfficeMax, has a market value of about $4 billion. It's no secret that McDonald's is seeing consecutive monthly declines in sales as it loses ground to Chipotle Mexican Grill, which has successfully met consumer demand for fresher, healthier food. Chipotle turns in fourth quarter earnings today after the bell. Both earnings and revenue are expected to be higher.

 Roller Coaster Ride on Wall Street Ends With Dow Up 196 Points | File Type: | Duration: 00:51

It was a roller coaster ride on Wall Street, Monday. The Dow Jones Industrial was down triple digits earlier in the session to surge in the last hour of trading to close up 196 points. Crude oil pushed higher, even briefly tapping $50 a barrel in the session to settle at $49.57. Chevron (CVX) was the best performing blue chip, up more than 3%. Exxon Mobil (XOM) also gained after beating earnings expectations. Solar companies shined with First Solar (FSLR), SolarCity (SCTY) and SunPower (SPWR) climbing higher. Verizon (VZ) and AT&T (T) both led the blue chips. The Wall Street Journal reported the FCC will likely allow more cities to build broadband networks for high-speed Internet access.

 Macy's & J.C. Penney Lower Despite Stocks Shaking Off ISM Data | File Type: | Duration: 00:50

Stocks regained their footing in midday trading Monday after dropping on weaker-than-expected manufacturing data. Earlier, the Dow Jones Industrial fell more than 120 points on the ISM index showing manufacturing slowed more than expected in January. Retailers are weaker in the session. Both J.C. Penney (JCP) and Macy's (MC) are down more than 1%, despite two very different starts on new coverage on Wall Street. Evercore is starting its coverage of J.C. Penney with a SELL rating and Macy's with a BUY. Standard & Poor's Ratings Services downgrading its credit rating on Netflix (NFLX) isn't phasing shareholders. The stock is still in the green even after getting lowered further into junk status.

 Stocks Rise at Open; Exxon Beats Q4 Earnings But Profit Tanks | File Type: | Duration: 00:46

Stocks rose at Monday's opening bell on hopes oil prices are stabilizing. Before the bell, Exxon Mobil (XOM) reported earnings that were higher than expected. But America's biggest energy company said profit tanked 21% from a year ago, hurt by lower oil prices. Americans are using the extra money in their pockets from cheaper pump prices to pay down debt and boost savings. U.S. consumer spending fell 0.3%, while personal incomes gained 0.3% in December. Wyndham (WYN) is a stock to watch in today's trading after it was downgraded to a SELL rating. Increasing currency risk is one of the reasons Deutsche Bank (DB) made the bearish call.

 Visa Only Blue Chip to Close Higher as Dow Drops 251 Points | File Type: | Duration: 00:57

Stocks tanked on the last trading day of the month to make this January the largest monthly drop since last January. The selling accelerated in the final hour of trading sending the Dow Jones Industrial to drop 251 points. Oil prices soared, catching traders off guard. Crude gained more than 8% to settle up by $3.71 a barrel. The surge came after Baker Hughes (BHI) said the number of U.S. rigs in operation fell by another 94. That's the biggest one week drop since 1987. Shake Shack (SHAK) had a great first day of trading with shares up 118% on its debut. Google (GOOG) gained in the session as well despite missing Wall Street's revenue expectations. And Visa (V) was the only blue chip to close in the green ending 2.79% higher.

 Shake Shack Sizzles in Debut; Amazon Higher as U.S. Markets Drop | File Type: | Duration: 00:50

Stocks are slipping on the last trading day of January. Investors are feeling uncertain after the disappointing Q4 GDP report showing the U.S. economy grew much slower than expected. The consumer, however, showed a strong performance. Consumer spending was better than expected last quarter at 4.3%. Consumer sentiment rose as well in January to its highest level in 11 years. The University of Michigan reading rose to 98.1. Investors are lining up for shares of Shake Shack (SHAK). The stock is jumping on its market debut, up more than 130%. Amazon (AMZN) is another gainer in the session after beating its quarterly earnings expectations.

 Shake Shack Debuts on NYSE as Stocks Try to Shake Off GDP Damper | File Type: | Duration: 00:54

Wall Street is off to a rocky start at Friday's Opening Bell after a disappointing GDP report. The U.S. economy grew 2.6% in the last three months of 2014. That's much slower than the 3% growth, economists had expected. Consumer spending, however, jumped at a 4.3% rate in the fourth quarter, the fastest pace in about 9 years. Shake Shack (SHAK) debuts today on the New York Stock Exchange (ICE). The burger joint priced its IPO at $21 a share, above the expected range. The company is offering 5 million shares to raise $150 million. Shares of Mattel (MAT) are dropping in early trading. The toymaker missed its Q4 earnings estimates. Sales of Barbie dolls tumbled 12% and its Fisher-Price brand fell 11%.

 Google, Amazon Earnings in Focus; Shake Shack Begins Trade | File Type: | Duration: 03:06

The futures markets are pointing to a lower open this morning. International markets are also in the red on concerns about fourth quarter GDP growth in the US. Ahead of the bell, we get earnings from Chevron, Eli Lilly and MasterCard today. After the closing bell Thursday, Google turned in fourth quarter results of $6.88 a share, missing analysts' estimate of $7.12 a share. Revenue rose to $18.1 billion, also disappointing. Online advertising continues to be a sore spot. While consumers are clicking on ads, advertisers are paying less per click. So while clicks per ad rose 14%, the amount advertisers paid per click fell 3 percent. Amazon earned 45 cents a share in the fourth quarter, blowing away estimates. But revenue was slightly below estimates. The currency issue has hurt several multinationals this week we learned, and amazon was no different. Looking ahead, amazon issued a disappointing outlook for the first quarter. It wasn't all bad news, it invested quite a bit in its prime service in the last year, and as a result paid membership jumped 53% worldwide. Finally, a popular fast food chain begins trade today on the New York Stock Exchange under the ticker symbol "SHAK." The IPO was priced at $21 a share, higher than the previous range of $17 to $19. Five million-shares are on offer, with a view to raise $105 million. Investor appetite has been strong for healthy casual dining chains such as shake shack. El Pollo Loco (LOCO) and Potbelly (PBPB) are just a few chains that have gone public in the past two years and have soared on their first day of trading.

 McDonald's & Boeing Propel Dow to Rally, Closing Up 225 Points | File Type: | Duration: 01:01

Another triple digit day for the Dow Jones Industrial but this time to the upside. Stocks closed at session highs Thursday with the blue chips up 225 points. The S&P 500 and Nasdaq also ended with gains after trading in the red for most of the day. It was Boeing (BA) and McDonald's (MCD) that pushed the Dow higher. Boeing added another 6% to the previous day's gains. Shares of the golden arches rose better than 5%. Ford (F) drove higher in today's trading after beating sales and earnings expectations. Some market watchers are crediting a rebound in oil prices for today's rally. Crude managed to settle up %0.08 a barrel after dipping below $44 in the session. This still did stop the energy sector to be the day's worst performer. Exxon Mobil (XOM) and Chevron (CVX) were biggest laggards for the Dow, both down about half a percent.

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