Delaware. And certainly this still doesnt feel good for the 1,700 or so employees losing their job as part of this merger. But today we know the region isnt completely going to lose its identity, in fact will have a pretty significant impact. The headline is the merger that will create three companies the major Agricultural Products division will be headquartered at chestnut run just west of down toin wilmington. Iowa and indiana really wanted the headquarters, but the governor says ready to go work force here, great collaboration with a number of state offices and tax incentives made delaware a great spot. This doesnt help employees already losing their jobs but doesnt make a bad situation worse. In fact, the governor believes its going to create lots of new opportunities for lots of people moving forward. This is a big deal to the average delawarean as well. Means more of their neighbors are going to be employed. It can be devastating on a community when a lot of people are let go al
This translates into what politicians in europe too. This translates to the markets. Tom it was remarkable to see the Turkey Bombing and the ivory coast attacks come out the same time. It showed that trend of International Relations drifting into the markets. That will be our theme. Francine lets get to the first word news with vonnie quinn. Bonnie turkey is responding swiftly to that car bombing. It killed 37 people. Warplanes hit kurdish militant camps in northern turkey. No one claimed responsibility for the attack. Rebels carried out similar attacks in the past. Militants linked to al qaeda say they carried out an attack on a resort town in ivory coast. At least 22 people were killed. Its the first attack in ivory coast. Population is evenlys evenly split between muslims and christian. It was a political setback for Angela Merkel. The antiimmigration party had its best showing yet in three elections. Merkel fellangela across the board. A Police Officer it was killed in an ambush. T
Bouncing around throughout the session. Each stock is down about a quarter percent. Earnings. Just about we have Energy Stocks gaining as oil falls, curiously enough. You can look and see energy and materials are the two best performing materials. Consumer staples are on the downside today. That is shaking up. Verizon is what is pulling down the telecom shares. Wireless subscriber growth Beat Estimates but because of negotiations with labor unions, that is going to weigh on secondquarter earnings. Apple, which has delayed the Earnings Report by oneday is coming out with a shares falling about 1. 25 today. A lot of divergent views on apple. And cocacola is down for the second day after its report, even as analysts report weather yesterdays drop was justified. Tracy lets give you a break from the earnings. Tell us what else is moving . Julie oil, we are watching that today. It has had a drop as we have seen the dollar bounce around. Thes up off the lows of session. Speaking of the dollar
This is switzerlands number one insurer. Interim ceo guy he has been struggling to turn this around. The reality maybe coming home to roost. Anna they have been trying to equity, and other targets which were apparently thwarted. Guy lets get you the bloomberg first word. Manufacturing pmi has dropped to the lowest level in three years. In atficial reading came 49. 6 in november. Six Central Bank Interest rate cuts in your have not been enough to slow refectory manufacturing. In a historic move, the imf will to its list of reserve currencies. The euro lost the most with the changes. They Australian Dollar held a second day of gains after the reserve bank kept rates unchanged at a record low 2 . Ill ise seventh month makers have left the rates untouched. Morgan stanley is planning to month policyh makers have left the rates untouched. Morgan stanley is playing to cut fixed income jobs. Shares rose on the news. David cameron calling for a vote tomorrow on extending airstrikes into syria.
Broadcast center, this is abc7 news. The threat from terrorism is real, and we will overcome it. We will destroy isil and any other organization that will try to harm us. Stern words that were more of a reiteration than a new direction. More americans are calling for him to take action. Thats for joining us. Reggie has the night off. This is the first time they have addressed it from the oval office. This after a couple killed 14 people in San Bernadino. Elizabeth has more on the president s attempt to reassure americans that the government is doing all it can to prevent another attack. So this was an act of terrorism. President obama called this husband and wife team responsible for killing 14 people in San Bernadino radicals who appear to have been inspired and not directed by isis. The fbi is no now on the trail trying to determine who did what and when. So far the family told abc news they mefer saw warning signs. I feel like he had a double life. I feel like he was good at conceal