Dave Caruso's

Before the bell for 10/12/2006

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Play from 0:07[0:07] ..." tries to their earnings and revenue but it's all -- expectations on Wall Street and he did not need to -- yesterday for the first three days by the way is to get started that's been great news for the most part there's certainly has a lot more coming -- the strikes over the -- addressing things coming in this morning -- the -- we saw the combination of that the plane crashed some skepticism about whether interest rates are going to go down and at least I got oil I guess in our back right now that positive. We're gonna get a little they take a look at what's going on the economy would that the beige book coming out -- what's going -- regional areas like manufacturing in the -- commerce and and the consumer at all -- that's going -- housing of course. So that the public the trade gap just give up this morning this 69 point nine billion it was more than expected but I think people realize in the door prizes that's. -- going to make a change in the in the next more than two. So we've seen weekly jobless claims increased by taught fourth dozens of a big deal there we are things out of science here most of it from the earnings but there has to be right now have three. But the dollar 27 nasdaq up six and a half oil prices below 58 -- that represents this morning in the Soviet gold after an awful but -- a dollar 50."...

Play from 0:00[0:00]" Hi David good morning -- I'm not so hot on her and so far --"

Play from 0:05[0:05]" But -- we have Alcoa Genentech they had tries to their earnings and revenue but it's all -- expectations on Wall Street and he did not need to -- yesterday for the first three days by the way is to get started that's been great news for the most part there's certainly has a lot more coming -- the strikes over the -- addressing things coming in this morning -- the -- we saw the combination of that the plane crashed some skepticism about whether interest rates are going to go down and at least I got oil I guess in our back right now that positive. We're gonna get a little they take a look at what's going on the economy would that the beige book coming out -- what's going -- regional areas like manufacturing in the -- commerce and and the consumer at all -- that's going -- housing of course. So that the public the trade gap just give up this morning this 69 point nine billion it was more than expected but I think people realize in the door prizes that's. -- going to make a change in the in the next more than two. So we've seen weekly jobless claims increased by taught fourth dozens of a big deal there we are things out of science here most of it from the earnings but there has to be right now have three. But the dollar 27 nasdaq up six and a half oil prices below 58 -- that represents this morning in the Soviet gold after an awful but -- a dollar 50."

Play from 1:16[1:16]" So David what is the latest --"

Play from 1:18[1:18]" To me you know unless I let my favorite topic -- Let's go to PepsiCo other side of the third quarter and syrups over the 1% stress interpersonal business -- a lot of those salty snacks that I can't get enough of them. Its carbonated beverages -- also lifted their outlook for the year so that's pretty good for them which had been known to arrive on occasion silt there were up not a point 8% in September doesn't pretty good news there. Brand they don't KFC Taco Bell pizza cut their earnings were around 20% -- also beat by a pretty wide margin. Some of those they never come to my house to -- but the district if they did earnings -- 1%. Although the sales were down three point 2% but they did -- prospective great expectations by about four cents a share. After all they beat there're earnings by -- two -- it looks like but that some issues and some grumbling going on about the future and look. -- for them this morning are going forward. If we're profits to applaud target Patrick want to three point 3% as the outlook they took. Couple of nonfood items Harley Davidson very good numbers -- up 14%. They beat by ten cents -- up their outlook. Winnebago not so good that they missed by about ten cents as the popular people buy and it recreation vehicles -- just just -- on the but the -- profits with. Some big issues with their genetic testing business giving -- the revenue was up 14%."

Play from 2:37[2:37]" David thanks so much I'm sure the earnings parade will continue"

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