Reuters - Video

EDITION: U.S. | U.K. | IN

Top News

U.S. Morning Call: Tiffany's loses luster; Groupon eyes CEO

Thursday, 29 Nov, 2012 - 03:05

Nov 29 - Tiffany & Co lowered its fiscal-year sales and profit outlook as it reported lower-than-expected quarterly sales; Groupon CEO Andrew Mason could be on the chopping block at today's board meeting.

▲ Hide Transcript

View Transcript

Here's your morning call for Thursday US stock futures point to a higher open on Wall Street. One man's words changing the tone of the markets house speaker John Boehner said on Wednesday optimistic about working with the president to avert our fiscal crisis. Those -- also giving a boost to European stocks today as you can see there in the green as well. Some key data out today could also determine the mood on Wall Street we'll get a second read on third quarter GDP. Growth likely to rise to a two point 8% annual pace from 2% thanks to restocking by businesses and smaller deficit on the trade balance. IFR says that combination will likely mean more weakness in the coming quarters as trade covers and inventories dragged on production. Next up we have the pending home sales index that's expected to take up. Two point 8% for October QE3 will likely have had an effect with lower mortgage rates helping those to scrounge up credit. And finally look for the release of weekly jobless claims data and that number expected to drift down to 390000. After a surge in the prior week to hurricane sandy. -- on earnings starting with Barnes & Noble the number one US bookstore chain set to report before today's open. Investors will get their first real look at how well the -- launch no HD tablet is doing against competitors. Like Apple's iPad and Amazon's Kindle in the red hot tablet market. Also get same store sales figures shares of Barnes and -- seeing a solid 9% gain for the year. -- results also out before the bell the supermarket operators expected to report -- EPS of 43 cents for the quarter. Ten cents up from last year investors usually -- a report as a barometer for consumer spending. And Tiffany's posted results just moments ago shares sharply lower in the premarket down over 13%. After the upscale jeweler cut its fiscal year sales and profit forecast. As reported lower than expected quarterly sales. To blame global economic conditions and -- sales of its own particular. And finally it's stocks to watch keep an eye and retailers today Nordstrom -- and TJ Maxx expected to come out on top when they post November sales. Helped by strong Thanksgiving weekend. -- gotten used courts stock today as well in about an hour British lawmakers will deliver a verdict. On a yearlong inquiry into the British press scandals involving Rupert Murdoch's news court. And last but not least take a look at shares of Groupon Groupon founder Andrew Mason's fate lies in the hands of his board members. And they need today to talk about possibly bringing in new CEO. Mason said on Wednesday he would step down from the struggling company needed. That's it -- Thursday morning caught check out our YouTube channel at Reuters dot com slash writers TV. Also follow us on Twitter at Reuters Insider and the super -- this is way.

U.S. Morning Call: Tiffany's loses luster; Groupon eyes CEO

Thursday, 29 Nov, 2012 - 03:05

Editors' Picks »

The Exchange »

The Exchange: Hot commodity The Exchange: Hot commodity

Wed, 16 Jul, 2014 - (9:25)

The Exchange: Constitutional crusade The Exchange: Constitutional crusade

Wed, 25 Jun, 2014 - (11:35)

The Exchange: The value of money The Exchange: The value of money

Mon, 02 Jun, 2014 - (9:53)

The Exchange: China’s Second Continent The Exchange: China’s Second Continent

Tue, 27 May, 2014 - (9:35)

The Exchange: A master of business arts The Exchange: A master of business arts

Thu, 08 May, 2014 - (8:24)

The Exchange: America's bankrupt cities The Exchange: America's bankrupt cities

Mon, 05 May, 2014 - (8:52)

The Exchange: Let the rocking commence The Exchange: Let the rocking commence

Tue, 08 Apr, 2014 - (8:13)

The Exchange: The Moneyball fallacies The Exchange: The Moneyball fallacies

Mon, 24 Mar, 2014 - (9:54)

Is doing good a good business? Is doing good a good business?

Mon, 17 Mar, 2014 - (7:38)

Oddly Enough »

Is it a plane? No, it's a hoverbike Is it a plane? No, it's a hoverbike

Fri, 22 Aug, 2014 - (2:40)

Fox kicks off "Simpsons" mega marathon Fox kicks off "Simpsons" mega marathon

Thu, 21 Aug, 2014 - (0:56)

Six-story tall duck floats into L.A. port Six-story tall duck floats into L.A. port

Thu, 21 Aug, 2014 - (1:02)

Young artist paints surreal illusions on bodies Young artist paints surreal illusions on...

Thu, 21 Aug, 2014 - (1:30)

Snow leopard cubs make Bronx Zoo debut Snow leopard cubs make Bronx Zoo debut

Wed, 20 Aug, 2014 - (0:41)

Eco-friendly bench keeps your tech fully charged Eco-friendly bench keeps your tech fully...

Tue, 19 Aug, 2014 - (1:55)

A cheetah cub and a puppy make friends A cheetah cub and a puppy make friends

Tue, 19 Aug, 2014 - (0:48)

Bug eaters unite in Tokyo Bug eaters unite in Tokyo

Tue, 19 Aug, 2014 - (1:23)

Tango dancers put best feet forward Tango dancers put best feet forward

Tue, 19 Aug, 2014 - (1:08)

Giraffe calf checks out new surroundings Giraffe calf checks out new surroundings

Mon, 18 Aug, 2014 - (0:42)

Bolivian priest blesses beloved pups Bolivian priest blesses beloved pups

Sun, 17 Aug, 2014 - (1:25)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, 19 Feb, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, 10 Jan, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, 29 Aug, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, 29 Aug, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, 05 Aug, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, 17 Dec, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sun, 09 Dec, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Mon, 10 Dec, 2012 - (10:39)

Moving Pictures »

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, 11 Aug, 2014 - (2:27)

Burned memories Burned memories

Fri, 08 Aug, 2014 - (3:02)

Images of July Images of July

Fri, 01 Aug, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, 11 Jul, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Thu, 03 Jul, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, 20 Jun, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, 06 Jun, 2014 - (1:08)

VIVID – Sydney’s spectacle of light VIVID – Sydney’s spectacle of light

Fri, 30 May, 2014 - (1:37)

The week that changed Boston The week that changed Boston

Mon, 14 Apr, 2014 - (3:28)