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U.S. Morning Call: GE misses and Google stumbles

Friday, January 20, 2012 - 02:41

Jan. 20 - General Electric reported roughly flat profit from continuing operations; Google quarterly results fell short of Wall Street's expectations.

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Here's your morning coffee this Friday TE outlook results this morning that are disappointing investors -- Dow component reported quarterly revenue that missed expectations. While its profit from continuing operations was roughly flat. CEO Jeff -- expects continued volatility into about twelve shares down about 3% right now premarket. According results from -- tech heavyweights will also influence trading today Google Microsoft IBM Intel. Reporting actors Thursday's closing bell there I market cap of 785. Billion dollars larger than that GDP -- Baldwin. Google missing expectations of its shares to do for a ride today I'd be beating consensus forecast chairs the higher. Republican presidential candidates holding their last debate before the South Carolina primary which takes place Saturday. It's criticizing debate host CNN for bringing up allegations from his ex wife. Who claims Gingrich asked for an open marriage gripped nine. Candidates also taking aim at front runner Mitt Romney for not releasing his tax. -- -- When were you wouldn't release your tax return specifically. An hour ago. -- -- -- -- -- -- I've want my taxes are -- for this year and I know that if I'm the nominee the president's gonna wanna. Insist that I hadn't been did this show my income was this last year and so forth when they're completed this year and April release. My returns and April probably for -- years as well. -- look he's got to decide the people of South Carolina to decide -- if there's anything in there that is gonna help us lose the election we should know before the nomination. There's nothing in there there's nothing there why not release of the many of the very simple model. The latest data from the automobile industry indicates -- finished first in global auto sales in 2011. GM's Chevrolet brand turning in a strong performance to help the automakers surpassed Toyota last year. With sales of more than nine million vehicles Toyota hampered in part from the earthquake -- not in Japan. It's votes flooding in Thailand which hurt its production and sales. A different kind of sales and focus later today existing home sales. Economists looking for a gain in the annual rate of four point 65 million in December from four point 42 million in November. This will be the latest sign of improvement in the housing market which is seen gains in pending home sales among other statistics. That report comes out at 10 AM. And that's your morning called this Friday I'm Rhonda schaffler that's -- writers.

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U.S. Morning Call: GE misses and Google stumbles

Friday, January 20, 2012 - 02:41