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MarketFoolery

MarketFoolery: 08.07.2012

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 7 August 2012

⏱️ 20 minutes

🧾️ Download transcript

Summary

Chesapeake Energy reports an earnings suprise. Sirius XM raises its outlook. And Fossil gets a big boost from China. Our analysts discuss those stories and talk about McDonald's big business in Latin America.

Transcript

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0:00.0

It's Tuesday August 7th.

0:04.0

Welcome to the market foolery.

0:05.0

I'm Chris Ellen joining me in studio today.

0:07.0

The million dollar portfolio of Charlie Travers,

0:09.0

from Motley Full Stock Advisor, Alex Shearer,

0:11.0

and for Motley Full Inside Value, Joe Meager.

0:13.7

Gentlemen, good to see you, Alex, welcome.

0:15.7

Welcome to our friendly convides.

0:17.9

It's nice to know that the border police,

0:20.1

the border of, I guess what, Pennsylvania and Maryland.

0:22.5

That's right.

0:23.4

They were on breakfast break, I guess.

0:25.1

He snuck in.

0:26.7

We got a lot on our plate today.

0:28.0

We've got Fossil, we've got Arcosterado, Serious XM.

0:31.4

We're going to dip into the full mailbag.

0:33.4

We are going to start, however, with a company that, for us, surprisingly,

0:36.3

it's been a long time since we've talked about, and that's Chesapeake Energy.

0:39.9

Shares of Chesapeake Energy up more than 10% this morning after second quarter profits nearly doubled.

0:45.6

Joe Mager, they nearly doubled!

0:48.0

Wow!

0:49.0

You gotta love this!

...

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