Lets see how things did overnight in asia. Asia was leading the declines yesterday. This time a little different story. Nikkei closed up by 1. 5 hang seng was up by 0. 6 shanghai was flat. In europe, at least at this early trading hour, there are green arrows across the board. Barely hanging on for the ftse the dax and cac each up by better than 0. 6 looking at crude oil prices, at least right now, crude oil looks like its down 7 cents 55. 26. Couple big stories were watching, mattel has rejected a takeover approach from rival hasbro reuters reporting that mattel believes the offer undervalues the company and doesnt take into account the potential for regulators to rejected the deal on antitrust grounds reports saying mattels new ceo who took over in february may be trying to drive a harder bargain in talks with hasbro the company cut its fullyear revenue outlook. You are looking at both of those stocks now time inc is reportedly restarting talks to sell itself to publisher and broadca
Impressive amounts, at main focus of focus of the storms drifting to the south. Over three for the rain, santa cruz mountains. Coastal hill Sonoma County over three inches. We expected the amounts. Some more impressive amounts for santa rosa, approaching two inches. San francisco 1. 44. Fremont an inch, 10 oh say. 28. San jose,. 28. Moderate to heavy rainfall looking at all the storm reports, toward the sierra, and click on one of these, its been a lot of rain reports this one from tahoe city. Squaw valley. 14 inches of snow in the past 24 hours and at eight 8000 feet. Piling up closer to 6000 feet. Current radar, light to moderate rainfall, the yellows indicate heavier down for for portions of the santa cruz mountains. This is the focus of the organized rain toward East Palo Alto and sunnyvale. You can see some coverage between hayward and fremont and developing toward south San Francisco, it will be a slow process. The rainfall shifting to the south. East bay, maine action approachin
Ben lomond. Ill be back. Rain pounded south way. Especially santa cruz mountains. Always a treacherous ride up and down highway 17, hit with mud slides earlier this year. Jean even dla vega is live. Right now, heavy rain stopped, just a light mist but here it is treacherous with big downpour. So far no major problems. Traffic is flowing okay but drivers do worry about the winter. Those who drive highway 17 regularly know the dangers of the santa cruz mountains. Last wint, just misses a slide. Barely missed it. If i running late for work, on time, probably would have been hit. Our own abc7 news photographer was hit by mud slide earlier this year on 17. Construction worker died coulding repair work on that slide. Area is holding up. Cal tran says theyve stabilized hillside. Watching problem areas but can be unpredictable. Depends onnen rain and wind. Weve had earthquakes lately to so always in back of our mind. Hoping it stays calm this year. Cal trans crews were moving from location to
Before giving way to sunny weekend. Im dan ashley. Im kristen sze in for ama daetz. Entire bay area soak bid storm, started out as strong three on impact scale. Live Team Coverage from north, east and south bay, but first sandhya patel in for spencer today with the forecast. This storm delivered. Live doppler 7, its winding down as you mentioned. Seeing light showers, scattered around the bay area. Start with the south bay from san martin to morgan hill to ed ed edenvalley, heading into the east bay. Pleasanton to livermore, slippery roadways. And showers towards the delta. In terms of rainfall, 1 1 2 inches in San Francisco. Oakland just over. Livermore over an inch, concord almost two. Winning total, almost five inches in Santa Cruz Mountain in ben lomond. Ill be back. Rain pounded south way. Especially Santa Cruz Mountains. Always a treacherous ride up and down highway 17, hit with mud slides earlier this year. Jean even dla vega is live. Right now, heavy rain stopped, just a light
London. Manus a little bit of breaking news. We have assets under management at the end of october, 393 billion swiss francs. Number, the fight for new funds. Its not just about new funds, its about the profitability of those funds and putting them to work. Thats the headline number coming through from julius berg. 393 billion swiss francs. Thats the top line, and we have a little bit more that we will bring to you. Angela merkel, who would have thought the stalwart of europe cannot get a coalition together . Eurodollar, euroyen, swissie. Anna does that lead to more talks . Perhaps. A minority government, new elections . The euro is the key message. Manus the question is this. Do you look into the eye of the storm and say she will pull it back . There will be a rapprochement . What we have is a reflection. These are the risk reversals. He were trading higher, quite a bullish sentiment on friday. The most bullish since 2009. The risk reversal, trading back at levels we havent seasons oc