This weekend. What does it mean for apple shares . And cell phone towers are sprouting up all over the d. C. Area and other parts of the country. Amine javers reports they are not routing cars at all. They are collecting data. Why and who is behind it . Down to sue at the New York Stock Exchange where it is a tough day to be on the bull side. If you bought into short etf you are on a roll today. The rwm is the inverse of the russell 2000 index. It is up almost 1. 5 today. Psq is inverse of nasdaq 100. Sh on the other side of the s p. All of those indexes including dug, doug and myy is inverse of mid cap and sbb inverse of small cap all up today. We start with bertha coombs. The shorts are finally having their day and very tough to be long. Both big caps and small cap. Yahoo is the biggest cap and the biggest decliner of the day. If you take a look at the last week big enthusiasm into the alibaba ipo. Now what . What are you going to do with all of that cash that you are going to get ev
Have it their way and others as well. It ministration crackdown on companies that go shopping for foreign addresses so they could cut their tax bills. Light at the end of the tunnel. That is what the investor will ackerman may be seeing. Against herbalife, turning out to be a winner after all. You are watching Market Makers here in new york city. Coming off an extraordinary day yesterday. And influential summit but a lot of news today. United states and arab allies have taken a fight against the United States to a new level. The first time they attacked extremist positions inside syria. Fighters, bombers, cruise missiles, more than a dozen targets. The u. S. Was assisted. To hear from the president himself in the next few minutes. At the moment while we wait, peter cook is with us here he is at the white house. Peter, what is the president going to say . Is that the president to really hit on three things, that he has delivered on his promise to go after ices, even if it means going in
Lets talk about what weve got. Manufacturing pmi falling to 50. 4, the forecast 50. 8. We have already seen the breakdowns from a national level. The german date or little weaker, the french data certainly a little weaker at the moment. Those that were hoping there were any w numbers in the other survey numbers were indicating that we were going to see a more stable story, maybe a little bit disappointed by that. 1. 2515, you could have seen a pop through you could have seen a pop through 1. 26 today if you had a decent german number. 16 is where we are trading now. Thats get some immediate action to the figures. Harry coleman, good morning to you. I read your notes this morning on the train. Broadly positive. You think the doomsayers are largely wrong about the european economy. Is there evidence that undermines that argument. I dont think it does. We had soft data, some of the trends in the pmi numbers pretty poor, but generally i think the consensus on europe is too bearish. I think
In the First Quarter, a drop from the First Quarter. Analysts were looking at increase. That really speaks to the idea that the volatility we have seen in the Fourth Quarter is not necessarily helping revenue. Reporting its first training revenue since the financial crisis. The volatility people thought would be good has turned out to be a bad volatility. Also in the citigroup report, we have a Net Interest Margin of 2. 92 . It is a little bit better than what analysts have been looking for. An improvement over the Third Quarter as well. Wells fargo at 2. 4 , slightly better than what it had been anticipated to report. Still looking at 20 year lows. It is a continued weight on the banks. Trading right now is down about 2 . Thank you. We will check back in with you later. I wanted to give our viewers a look at the top stories. Definitely at the top of the list. The central bank has rocked the Financial Market this morning. Its minimum Exchange Rate against the euro will no longer fund a
Chambers is stepping down after 20 years in the top job. Cisco veteran Chuck Robbins is in bringing to an end one of Silicon Valleys lo. Mcdonalds investors werent impressed. They sent shares lower today. Cisco managed to rise fractionally. We have two reports. Josh lipton on cisco but first Courtney Reagan looks for the new strategy for the worlds es the golden arches have been a little tarnished in recent quarters. It will take a lot to turn around the Worlds Largest restaurant chain, but today Ceo Steve Easterbrook is detailing at least the initial strategy two months after taking o the reality is our recent performance has been poor. The numbers dont lie, which is why, as we celebrate 60 years at mcdonalds, ill not shy away from the urgent need to reset this business. Mcdonalds will sell 3500 restaurants to franchisees taking global franchisee ownership to 90 from 81 . Which easterbrook says will generate more stable and predictable revenue and c the fastfood chain will cut layers