video Finance Videos

Reuters Today: Spanish yields seen rising at auction - 06:21

Surprise services boost points to UK recovery - 02:54

Breakingviews: Do as I say, not as I do – German wages - 05:04

Market Pulse: Spain under fire as investors shun bond sale - 03:28

Myanmar's Kyat begins managed float - 01:59

ASEAN: territorial code of conduct draft by year-end - 01:48

U.S. Morning Call: Stock futures down, JPMorgan to be fined - 02:08

EMEA Day Ahead:: Thursday - 03:13

3XSQ: Customer funds in question; royal return - 05:44

Still cashing in? Hirst retrospective - 02:32

World's biggest car delivery center - 02:41

FACTBOX: Titanic the movie sails again - 02:20

Trading at Noon: Wall St. down on lost hope for stimulus - 02:48

Draghi holds rates, offers caution - 01:50

Breakingviews: Gun bubble redux - 02:51

Yahoo cuts 2,000 jobs - 01:15

Easter egg panic in eastern Europe - 01:28

Wealth Strategies: Equity rally has 3 years left in cycle - 06:05

Congressional insider trading ban - 01:17

Gas prices no detour for car buyers - 02:13

Demand for fuel-efficient cars will outlast spike in gas prices - 02:36

Most engines of growth are in emerging markets : Nissan CEO - 05:39

U.S. Day Ahead: GAP set to shine with same store sales - 01:59

What's next for Google's Larry Page?... Not a dividend - 02:21

Intel profits beat forecasts

Tuesday, October 13, 2015 - 01:12

Intel reported lower profits, but beat forecasts. Concerns about weak profits and renewed fears of slowing growth in China weighed on stocks. Bobbi Rebell reports.

▲ Hide Transcript

▶ View Transcript

After the closing, Intel reporting a drop in quarterly profits. Results for the chipmaker, however, were better than forecasts. Wall Street drifted lower on Tuesday. Weak import data from China dampened the mood, sending stocks down in Europe as well. BMO Private Bank CIO Jack Ablin: (SOUNDBITE) JACK ABLIN, CHIEF INVESTMENT OFFICER, BMO PRIVATE BANK (ENGLISH) SAYING: "We're going to have to cope with slowing economic growth that appears to be washing up on our shores. And, the fact is, the Fed and other central banks don't have the ammunition they had to combat some of these challenges that they would have year ago." Anheuser-Busch InBev finally overcame its challenge of getting SABMiller to say yes after five tries. The world's largest brewers are combining in a $100 billion deal. That could push SAB to sell its stake in a joint venture with Molson Coors. Shares of the three companies rose. Shares of Twitter climbed after the microblogging service said it would lay off about eight percent of its staff. JetBlue's shares went the other way. J.P. Morgan downgrading them to "neutral" from "overweight." Johnson & Johnson said it'll buy back up to $10 billion of its stock. But shares fell after the drug maker's quarterly sales disappointed Wall Street.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code