| This is Bill Roller of BR Capital with the KUIK Closing Market Report for Thursday, April, 26 | |||||||
| Markets were up today. | |||||||
| Direction | Change | Units | |||||
| Dow | Up | 114 | points | 13,205 | 2:20 PM | ||
| S&P500 | Up | 0.67% | percent | 1,400 | |||
| Nasdaq Composite | Up | 0.69% | percent | 3,051 | |||
| 30 Year Treasury | Down | (1.1) | basis points | 3.14 | |||
| Amazon far exceeded Wall Street’s estimates for the first quarter despite a 35% drop in earnings, driving its shares up. For the quarter ended March 31, Amazon reported net income of $130 million, or 28 cents a share, compared to net income of $201 million, or 44 cents a share, for the same period last year. Operating income fell 40% to $192 million. | |||||||
| Starbucks lifted its 2012 profit outlook and plans to open more stores worldwide. Profit for Starbucks’ fiscal second quarter ended April 1 rose 18% to $309.9 million, or 40 cents a share. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.marketwatch.com/story/amazon-earnings-fall-but-blow-past-estimates-2012-04-26-1650270?dist=afterbell | |||||||
| http://www.marketwatch.com/story/starbucks-lifts-targets-for-profit-store-openings-2012-04-26?dist=afterbell | |||||||
| For today’s Closing Market Report click to listen-> | https://beaconrwa.com/audio/Closing-Market-Report.mp3 | ||||||