| This is Bill Roller of BR Capital with the KUIK Morning Market Report for Friday, July 27. | |||||||
| Markets are up this morning. | |||||||
| Index | Direction | Change | Units | Last | Time | ||
| Dow | Up | 103 | points | 12,991 | 8:12 AM | ||
| S&P500 | Up | 1.07% | percent | 1,375 | |||
| Nasdaq Composite | Up | 1.11% | percent | 2,926 | |||
| 30 Year Treasury | Up | 10.5 | basis points | 2.60 | |||
| Facebook shares dropped after its first earnings report as a public company showed a slower sales gain and narrower profit margins. The stock fell 17 percent to $22.28 after Facebook reported its second-quarter operating margin dropped from a year earlier and sales grew at the slowest pace on record. | |||||||
| Amazon’s second-quarter earnings fell 96% as the online retailer’s heavy spending continued to outpace revenue growth and margins weakened. The company expects to post an operating loss between $50 and $350 million. | |||||||
| Always serving the West Side first, I am Bill Roller of BR Capital for AM 1360 KUIK. | |||||||
| http://www.bloomberg.com/news/2012-07-27/facebook-falls-after-report-fails-to-quell-concerns-over-growth.html | |||||||
| http://www.marketwatch.com/story/amazon-profit-falls-on-weak-margins-shares-slip-2012-07-26?dist=lcountdown | |||||||
| For today’s Morning Market Report click to listen-> | https://beaconrwa.com/audio/Morning-Market-Report.mp3 | ||||||
| Shortlink-> | |||||||