Pounds under pressure although german Business Sentiment did hit a tenyear high. The samsung saga getting worse. Galaxy note 7 smartphones permanently discontinued. How are the other players like apple being impacted . Well have the latest from twitter. Well give you the latest on the continued talks with salesforce. Alcoa shares falling this morning. Coming up we dig into that report and talk to Klaus Kleinfeld in a cnbc exclusive. First up, samsung has permanently halted production of its troubled galaxy note 7 smartphone. The recall could cost as much as 17 billion. Apple is poised to open at its highest level since december of last year. The stock is up 21 in the past three months. Were now on to a cycle where the replacement phones are catching fire. The company says if you have them, turn them off and were simply not going to make them anymore. I believe the company told people in china that it was the batteries that were the issue. They tried to make a little difference about th
Aidlians gathering around distribution centers. Were receiving a huge number of wounded people. Hospitals are all full. No more room to treat patients in intensive care units. Reporter damascus and its ally, russia, reduced airstrikes last week. The government also says rebels up in the city could leave families if they laid down their arms. The rebel held eastern half of under intensen fire since forces loyal to alassad launched a major offensive last month to recapture the city. Relativeew days of calm, russian jets have resumed bombing. Laura at least 14 people have been killed in afghanistan and many more wounded after an attack on shiite pilgrims in the capital kabul. The worshipers were gathered for festival for ashura. Three attackers opened fire and the government, at least two were killed by security forces. 15 of make up around the population in afghanistan. Hazaras,hem are ethnic militant sunni groups like the groupn and Islamic State frequently attack them. Merkel has calle
Aidlians gathering around distribution centers. Were receiving a huge number of wounded people. Hospitals are all full. No more room to treat patients in intensive care units. Reporter damascus and its ally, russia, reduced airstrikes last week. The government also says rebels up in the city could leave families if they laid down their arms. The rebel held eastern half of under intensen fire since forces loyal to alassad launched a major offensive last month to recapture the city. Relativeew days of calm, russian jets have resumed bombing. Laura at least 14 people have been killed in afghanistan and many more wounded after an attack on shiite pilgrims in the capital kabul. The worshipers were gathered for festival for ashura. Three attackers opened fire and the government, at least two were killed by security forces. 15 of make up around the population in afghanistan. Hazaras,hem are ethnic militant sunni groups like the groupn and Islamic State frequently attack them. Merkel has calle
Taketogether, it was a recipe for a down day, and that is exactly what we got. The mainly indexes all falling 1 or more. The Dow Jones Industrial average off 200 points to 18,128. The nasdaq declined 81, and the s p 500 was off 26. A shadow was cast over the Broader Market when alcoa reported weaker than expected results to kick off earnings season. The stock fell 11 . Its worst day in more than seven years. And this was the last report for alcoa before it splits into two. Morgan bre dives deeper into the metal companys results. While alcoa reported higher quarterly profits, revenue slipped as the commodity busine continued to face pricing headwinds. But the higherperformin valueadded s that supply the aerospace and Automotive Industries also came under pressure. We have to admit that we are seeing in some of the markets some new challenges. On the aerospace side, were seeing there is huge demand there, and there are problems on the engine side, particularly, and some destocking on the
Taketogether, it was a recipe for a down day, and that is exactly what we got. The mainly indexes all falling 1 or more. The Dow Jones Industrial average off 200 points to 18,128. The nasdaq declined 81, and the s p 500 was off 26. A shadow was cast over the Broader Market when alcoa reported weaker than expected results to kick off earnings season. The stock fell 11 . Its worst day in more than seven years. And this was the last report for alcoa before it splits into two. Morgan bre dives deeper into the metal companys results. While alcoa reported higher quarterly profits, revenue slipped as the commodity busine continued to face pricing headwinds. But the higherperformin valueadded s that supply the aerospace and Automotive Industries also came under pressure. We have to admit that we are seeing in some of the markets some new challenges. On the aerospace side, were seeing there is huge demand there, and there are problems on the engine side, particularly, and some destocking on the