In the u. S. , which we had to reduce our tax asset, reducing completely our tax level in the u. S. , with Significant Growth of our net profit. Swiss re says it is considering a partnership with softbank after better than expected profits and returning more cash to shareholders. We feel comfortable that we have the ability to return funds to share hoholders. And a number of negative earnings limit cap gains in europe as James Bullard tells cnbc that rates should not go up too quickly. The idea that we have to go 100 basis points in 2018, that seems like a lot to me thats price for perfection. Everything would have to go just right. The economy would have to surprise on the upside a bunch of times in the year im not sure thats a good way to think about 2018. Good morning flat open so far across europe the stoxx 600 slightly into negative territory, but not by a massive, massive margin. Its down less than 0. 1 we look at the individual markets, you can see its a bit of a mixed picture t
Instinct behind the selloff. The nasdaq nosediving 1. 62 . Yet, people want to sell pretty much everything right now. Particularly high growth. Or maybe everything except whats being going down endlessly like oil where the stocks bounced. Even as the price of crude failed to do so or herbalife that finally caught some lift. Whats going on here . I think this market is changing the collaration. I think the vast majority of Portfolio Managers are fearful of buying the dips. Its too frightful to do so. Let me explain. For the longest time ever since the market bottomed over six years ago if you decided to buy some down and out merchandise, you wanted to pick at some value or grab some Growth Stocks, they were bounced around by extraneous events, you did well. In fact, the best strategy this year has been to wait for the stock of the company you like to come down to the bargain price and buy it. Buying opportunities they have legion. All sorts of washingtons toxic politics gave us some rep
And 58 of the fox poll says she knowingly lied about it. To the markets this monday morning, it looks like the gas price surge is winding down. So, cheer up, everyone, our guy says it will be much cheaper very soon. Varney company is about to begin. Lets see where the stock market is going to open this monday morning. There has been a shift, about a half hour ago, we received news that the Empire State Manufacturing index came in at the lowest reading since the recession. Implying a problem with manufacturing, certainly in the northeast and maybe nationwide. Down goes the stock market. Were off about 70 points at the open. Now look at the price of oil. Down 2. Were at 41. 76 on a monday morning. How about that . 41. 75 right now. And price of gasoline up only slightly overnight and the spike in the midwest affects the National Average and appears to be winding down, maybe its over. Now, that refinery problem in the midwest, did that have an effect on gas prices over the past week, will
Recommend taser if you have a lethal option behind you. So that in the event the taser fails, you have somebody with a lethal option. This is the only officer that was on scene at the time. Reporter the protestors say they rally here and march to city hall and Police Headquarters later on this evening. As for the police officer, she is in stable condition right now. Last we check she was still at highland hospital. As for the suspect, the man killed, police havent released his name. Live in oakland, im da lin, kpix 5. There have been six officer involved shootings in oakland this year four deadly. The last one led to protestors. An armed gunman led officers on an eight mile chase that ended with a crash and attempted carjacking. Police say the 24yearold man killed was carrying a 9 millimeter semiautomatic weapon and refused orders to drop it. San jose police are looking for a hitandrun driver who went careening up on a sidewalk striking and killing a woman. The shattered windshield giv
Out for a walk. It cost her. Her life. Tonight the search for a hit andrun driver. That driver tore through a residential neighborhood off tully road. Just east of interstate 101. And careen onto a sidewalk. Where a w was walking. Tonight kpix fives christi hartnett talked to the vics friends. Christian . It has been emotional day f those who knew the victim. Laura reyes. Her friends actually drove right by the crime scene this morning. But had no idea the victim s their friend until police ce calling. mary sapin friend of wom killed in hit run 27 03 ss part of the family, you kno was just talking to her twos ago. Laura reyes roommatesd me she was out on her morni walk, something she does evy day. But this time. She did come home. mary sapin fr of woman killed in hit run 22 33 every morning she did her own health. And i told r wait a couple more weeks and ill be joining you every d. This morning, police were on scene investigating a hit a run on huran drive near wel park and tully road