Bloomberg daybreak europe. Im anna edwards. Manus weve got a feast of breaking news for you. Lets kick it off with ing. Ahead of what the market had penciled in at 1. 40 8 billion euros. S is a bank that gets gives Technology Revolution whole new meaning. Withre going into markets 14bricks and mortar and point 15 for them. Billion. Ofit of 1. 65 the net of 1. 143. Fors a little bit ahead the net results for the First Quarter of 2017. Facing significant penalties over the lack of data in regard to payments. Will have a conversation at 6 20 a. M. This morning. Anna we will welcome him to his new role. The french insurance giant, weve had numbers from them but an update on strategy, they say they intend to ipo the companies u. S. Operations, which is an interesting headline just passing over the bloomberg right now. They are talking about firstquarter revenue of 31. 6 billion. Just a touch below where it was this time last your but not by a great deal. Property and casualty revenue a litt
A very warm welcome to bloomberg daybreak europe. We are waiting for one of the blockbuster reports. Dfm to come across the tape. No greenspan said there is bubble in stocks, he is right on a few things. Just cut rates and sometimes you end up with bubbles. What we have done is we have taken volatility index and overlaid it with a little bit of extra which is the cost of options to bet on the volatility index and that is right. We talked about subdued volatility for some time. Tape, anna ng the back to the allah told the story. 2. 16d quarter net sales coming through on the bloomberg. At 6 Million Euros. Ompany that has hold the has had to hold itself together. The attentions of industries also came. The Company Seeking to cut costs and they have been transforming themselves into a new a nutritional ingredients company. E will speak to the ceo back to the story on volatility. Vvix which tracks the cost of fix options, that is what is circled in the far righthand side. Vix, wayraded on
World wide exchange. Im sara eisen. Im wilfred frost. Very good morning to you from me as well. Its throw back thursday. Were throwing it back with a girl powered theme today. I hope we have some spice girls coming up. Anything to get the spice girl sboos World Wide Exchange. Lets get straight to the top news. A ton of earnings this morning. If you went to sleep early last night, heres what happened at the Democratic National convention in philadelphia. President obama taking center stage in prime time vouching for Hillary Clinton and making a point to say she would protect democracy from home grown demagogues like donald trump. No matter how much people try to knock her down, she never, ever quits. That is the hillary i know. That is the hillary ive come to admire and thats why i can say with confidence there has never been a man or a woman, not me, not bill, nobody more qualified than Hillary Clinton to serve as president of the United States of america. Vice President Joe Biden also
Matters for the corruption in the dmv. In our question today with a genus of the top and driving safety and consumer quarter. But doctors line to patient and he went on to continue the apathy about it. Finally the building today the date of registration. Will corrupt but before that it would take a look at the top red lantern time first up twenty percent of the herald times first world collectively old man will be auctioned. After the thirteen concluded earlier this month the agenda revealed that the Chinese Government where love will collectively owned land to be sold without having to be purchased by the Government Works recently because you can check in the first pilot to be to implement the new policy. The government now dalton industrial existed when played on the cover twentieth. The starting price of a hundred picking knowing you and where ninety million us dollars. Roland hundred and eighty cover which share the breath out of three to seven ratio in favor of the government. Rem
This morning. Cloud cover dave. Cloud cover. Yes unless youre up in the counties then on the colder side with some 20s and 30s up there. Lot of 40s and 50s up there. Still some snow up in the Sierra Nevada. Not done yet. For us we have mostly cloudy skies and could be a few sprinkles or light showers and some light rain especially in the mountains south but that continues. Partly sunny though by this afternoon. Kind of cool and breezy though. 40s for some and mid 50s for others and again cloud cover versus maybe some breaks in that cloud cover. But most locations or locales whatever you want to call them are saying mostly cloudy skies. San francisco which hit 59 yesterday, theyre 55 now. Im only going 60 for a high but it will be mostly sunny later today and temperatures staying cool. Theres the low and it will influence the weather today keeping the temperatures below average. Partly sunny could be a few sprinkles here this morning and some on my wind shield on the way in. With a lot