Quickly lets check on the boards because we are seeing its all about what janet yellen will say later on at harvard university. Index practically unchanged. They are waiting for chair yellen to speak. Streak. Pping a 7 day lets get straight to first word news. Major economies have strengthened the resilience to avoid falling into another crisis. Also says that Monetary Policy is not enough for spurring growth. Abe failed in his bid to have leaders warn of the risk of a after heonomic crisis presented documents indicating there was a danger of the world careering into the crisis on the crisis of the 2008 lehman shock. Out china asdged the worlds secondlargest supplier of external credit in a decade. Japan, the top creditor since 1991 remains in cold position. Stay with japan, Consumer Prices have dropped for a second months. Insumer prices fell 0. 3 april. The lack of growth will intensify pressure on the bank of japan to consider further monetary stimulus after governor kuroda disappoi
Welcome to squawk box on cnbc, im becky quick with ross westgate. Andrew is reporting from switzerland. Thats why weve got the mountain music. Well get to andrew in a moment. First, the top stories. The common theme here Quarterly Results, shares of google getting a boost. Earnings and revenue topping consensus and perhaps more important metrics, revenue from googles core internet business. It outpaced many analysts expectations. Advertising rates fell less than in proves periods. As you see, the stock was up this morning up almost 5 in the premarket. Ibm shares jumping after the bell. Earnings and revenue beating the street, as well. The Worlds Largest Technology Services Company Offering a better than expected outlook for 2013. That stock, as you see, up by 4 in the premarket. Also, we had advanced microdevices. It came in with a smaller than expected loss in the Fourth Quarter. The shares were rising in the afterhours trading. You see this morning down about. 4 . Heres the issue com