U.S. Day Ahead: FB stabilizes after tumbling post results
Thursday, January 31, 2013 - 02:20
Jan. 30 - Facebook investors give a knee-jerk reaction to the company's results, despite its revenue growing at a better-than-expected 40%.
▲ Hide Transcript
▶ View Transcript
We'll see if FaceBook here's Steve lines on Wednesday morning after the company came out with better than expected results. The number one social networking site and actually dropped by 6% after hours before climbing back up to its closing price. Protecting the San Francisco says it's a pretty volatile stock. And describe the -- -- knee jerk reaction. Overall it was a pretty -- quarter for the company is advertising business grew at its fastest clip since supports an initial public offering. Revenue expanded 40% to about one point six billion dollars. Aftershock following US GDP and that's the wanna know how UPS get in the fourth quarter. When it reports earnings the world's largest tax livery companies typically seen as a barometer for economic activity. Profits are set to grow from a year ago but that's because it dealt with 896 million dollar pension charge. Instead focus on what you yes that's about fails -- -- to rise by captain Q percent. We can also hear more comments about it -- seven billion dollar attempted over Europe and he expressed. I was blocked by you regulate it. UBS investors sold off to close its shares down more than 1%. Next batter up the Dodgers and Time Warner Cable the second largest cable providers expect to report higher earnings and revenue. Just wanted to hear just how much recent the only street in Los angles on his -- channel is worth. Sources liberal ballpark number between seventy billion dollars over twenty fine. I had a report yes he hiked its price target was not 110 dollars from 100 dollars closed just shy of its 52 week. Your big step in the morning is personal income. I've arsonist actually rise in December by six. Percent as wages improvement don't be missing levels last month. Don't get too excited though economists warn disposable income is -- the following January. Tax hikes and cuts in government. Catch us on Twitter Reuters Insider and get warmer videos and Reuters dot com slash waiters TV. On Wednesday what is the impact players and actually yes boss Robert wolf speaks to people as CEO Tom Rogers. The big question how can the company behind the original DVR and survive. In a market filled with the economy. I'm Fred Katayama and this is what you.
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code