Anna a warm welcome to bloomberg daybreak europe. Im anna edwards. Manus breaking news, where in the middle of the earnings season. Anna lets go with the french banking sector. Societe generale, coming in above the estimate of 315 million. The other big strategic announcement in the headlines, the plan for an ipo of its car leasing business. The numbers coming in ahead of estimates. And carting including the sale of a croatian unit. Record low Interest Rates. Tougher capital rules. Ofaging to make the most improvements in the french Consumer Banking business that they operate. Iny plan to offer shares their auto Leasing Division this year. We will be bringing you further comments from our conversation with the deputy ceo throughout the day. Worked that coming up shortly. Manus we just had a red headline on commerzbank. ,his will be good news fourthquarter net income, the market had penciled in 173. ,his is the buffer of capital 12. 3 . Provisions for loan losses coming in at 290 millio
Lunch. Happy friday. Im melissa lee. As brian mentioned markets seemed to be shrugging off the weak jobs report and Geopolitical Uncertainty out there. Three major averages Holding Steady and all three in the green. We are watching oil rise to onemonth highs. Gold fivemonth highs following the u. S. Air strikes on syria. Movers were watching, dominos is down 4 , on pace for its worst day of the year. Dpz could see below consensus sales growth. The Cloud Company upgraded to an overweight from a neutral over jpmorgan. Tyler . Thank you very much, melissa. Im tyler mathisen. Welcome. Here is what else is happening on this busy news day. Republicanled senate today confirms neil gorsuch as the next Supreme Court justice. The move restores a conservative majority on the Nations Court and fills out the bench that had been a person short since the death of antonin scalia. At least three People Killed in central stock holm when a truck crashed into a store. Ent president xi jinping walking on t
Steady today, near their highs of the session. Look at the refiners in particular. Ofre is a shutdown refineries in the caribbean because of Hurricane Matthew. We have Oil Prices Higher as well with that inventories report that vonnie alluded to. Weve been watching Department Stores as well today. Sales may grow at a faster pace than last year because of rising wages, because of a stronger job market. Increase in spending during the holidays come excluding things like gasoline and restaurant sales. You have retailers higher today. Wheat also been looking at today. Wheat investors are focused on where to hide. End,ycle is going to rising yields and the treasury market not helping these guys. Coming full circle back to the hurricane, lumber futures up 1 inay as a lot of folks florida battened down the hatches here in anticipation. Lumber prices going higher. David thank you very much. Lets check in on the first word news this afternoon. Her Hillary Clinton at Washington Home preparing fo
Steady today, near their highs of the session. Look at the refiners in particular. Ofre is a shutdown refineries in the caribbean because of Hurricane Matthew. We have Oil Prices Higher as well with that inventories report that vonnie alluded to. Weve been watching Department Stores as well today. Sales may grow at a faster pace than last year because of rising wages, because of a stronger job market. Increase in spending during the holidays come excluding things like gasoline and restaurant sales. You have retailers higher today. Wheat also been looking at today. Wheat investors are focused on where to hide. End,ycle is going to rising yields and the treasury market not helping these guys. Coming full circle back to the hurricane, lumber futures up 1 inay as a lot of folks florida battened down the hatches here in anticipation. Lumber prices going higher. David thank you very much. Lets check in on the first word news this afternoon. Her Hillary Clinton at Washington Home preparing fo
Steady today, near their highs of the session. Look at the refiners in particular. Ofre is a shutdown refineries in the caribbean because of Hurricane Matthew. We have Oil Prices Higher as well with that inventories report that vonnie alluded to. Weve been watching Department Stores as well today. Sales may grow at a faster pace than last year because of rising wages, because of a stronger job market. Increase in spending during the holidays come excluding things like gasoline and restaurant sales. You have retailers higher today. Wheat also been looking at today. Wheat investors are focused on where to hide. End,ycle is going to rising yields and the treasury market not helping these guys. Coming full circle back to the hurricane, lumber futures up 1 inay as a lot of folks florida battened down the hatches here in anticipation. Lumber prices going higher. David thank you very much. Lets check in on the first word news this afternoon. Her Hillary Clinton at Washington Home preparing fo