Is VW Out of the Woods?

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4.7 • 1.7K Ratings

🗓️ 31 May 2016

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Volkswagen posts a surprising profit. Starbucks gets serious about iced coffee. Plus we discuss whether social media can be successful with e-commerce and share highlights from our Memorial Day weekends.

Transcript

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0:00.0	It's Tuesday, May 31st. Welcome to Market Foolry. I'm Chris Hill joining me in studio today
0:06.9	from Stock Advisor, Canada, Taylor Markerman, and a million dollar portfolio,
0:10.3	Jason Moser. What's up, Chance?
0:13.2	Howdy.
0:14.2	A little bit of some, a little bit of fun.
0:15.4	Yeah.
0:16.2	I'm back in here to do it again.
0:17.2	America.
0:18.2	Taylor and I had long weekends.
0:19.7	You had an extra long weekend.
0:21.3	You had a whole week.
0:22.0	You were down in Georgia I did for the
0:23.7	member guest we'll get to that yeah we'll get to that later in this episode we've got we got a
0:29.7	bunch of things to get to in the beverage world, in the e-commerce world, let's start with the
0:35.4	vehicle world. Wall Street analysts had been expecting Volkswagen's first quarter
0:41.5	results to be, I don't want to say terrible but certainly
0:44.0	a significant step down and it turns out they weren't Taylor they put up nearly
0:48.8	four billion dollars in profits that was slightly higher than a year ago.
0:53.0	Analysts were looking for about a 17% drop in profits and I don't know.
0:59.0	I mean, among other things, this I think points to the durability of a massive automaker.
1:05.0	Yeah, they tried to sweep it under the carpet, the emission scandal and it appears like they are.
1:10.0	I mean they did set aside $ billion dollars for any lawsuits that are likely to arise
	...

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