MarketFoolery: 11.08.2011
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 8 November 2011
⏱️ 17 minutes
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Summary
Athens-based Coca-Cola Hellenic reports weaker-than-expected earnings. Priceline.com's third-quarter earnings more than double. Barnes & Noble introduces a new Nook Tablet. And Dippin' Dots deals with the cold, hard, cryogenically frozen reality of Chapter 11.
Transcript
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| 0:00.0 | It's Tuesday, November 8, and this is Market Fullry. |
| 0:05.0 | I'm Chris Hill and joining me in studio today from Motley Full Stock Advisor Andy Cross, |
| 0:09.0 | from Motley Full Pro Jeff Fisher, and from Motley's Asset Management, Tim Hanson. |
| 0:13.3 | Guys, thanks for being here. |
| 0:14.6 | Hi Chris. |
| 0:15.6 | We have got Priceline earnings, Barnes and Noble entering the tablet wars |
| 0:19.8 | and a little discussion on the future of ice cream, |
| 0:22.4 | but we will start overseas. |
| 0:25.1 | By the time this taping gets up on iTunes, Italian Prime Minister Berlusconi may have resigned, |
| 0:32.4 | so we'll just sort of give a nod to that developing |
| 0:35.5 | quite a run though wasn't it it was it was quite a run his third term he's |
| 0:40.1 | been on there a long time, but ending badly. |
| 0:43.0 | Yeah. |
| 0:44.2 | Sticking over in Europe, Coca-Cola Hellenic |
| 0:47.2 | announced that third quarter profits are down 28%. |
| 0:50.8 | Tim Hanson, the company cited, quote, a sharp deterioration in consumer confidence. |
| 0:57.2 | Probably not a surprise that a company based in Greece is experiencing. |
| 1:01.4 | No, no. |
| 1:02.4 | You know, this is one that we own in one of our funds and it's an interesting story here because |
| 1:07.8 | I think everybody knew that the results coming out of developed Europe where Coca-Cola |
| 1:11.4 | Hellenic has a lot of exposure to Ireland, Italy, Greece, |
| 1:14.1 | they were going to be poor. |
... |
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