Investigation of their metals warehousing businesses. In other washingtonrelated news, president obama has a series of economic speeches planned for the week ahead of key budget deadlines this fall. Hes going to be delivering the first address on wednesday at a college in illinois. More from john harwood on that next hour. Corporate news, apples main website for developers was attacked. The company now saying that no customer information has been compromised, but they cant rule out stolen data on developers names and addresses. As a result, apple is overhauling its database and Server Software to prevent future breaches. Good morning to you, mr. Kernen. Oh, good morning. Good morning, andrew. Good morning. I was up late watchle mickelson. Right. I bet you were. But i recorded it because it was over early. I didnt talk to anyone, look at anything, go anywhere. You had no idea . No, i made sure i had no idea. I didnt look at twitter, didnt look at any of my i saw something from alerian.
Know, hes weighed in on anything that finally were going to get some clarification. The big mover today is delivering alpha. It is. It is. A lot of people promise to seek alpha. Very few deliver. This is the humphrey hawkins, maybe his last one, among the House Financial Services committee on Monetary Policy begins at 10 00 eastern. But his prepared remarks will be made in time for us to look at them at 8 30 eastern and investors obviously are going to be hanging on every word, if he adds and if, if he takes out an adjective, you never know about the future of the feds bond buying program, which we tried to say that we were going to good news as good news and im not convinced were there yet. Every time you think something im not there yet either. It is still the addicts are still it is the accommodative punch bowl that i do think the biggest shock may be out of the system. Cant confuse people again that fed tapering may be coming. May be the biggest shock. This ridiculous argument abou
Equipment supplier disappoints with weak Second Quarter earnings. The market also waiting for nokia numbers with the hand setmaker expected to confirm that losses have narrowed. And its decision day for dell as shareholders are set to vote on the companys buyout offer. Carl icahn who is leading the bid against the deal got the last word right here on cnbc. Ive never seen one as bad as this. I really mean it. Ive never seen anything where they actually go out and they scare their own shareholders. And another big name investor causes quite a stir on cnbcs delivering alpha conference. Nelson peltz calls for a shakeup in the Food Industry urging pepsico to merge with mondalese. Good morning, welcome to todays show. Plenty of news out there today. Let me bring you up to speed with some news crossing. Ecb is not all purpose weapon for all problems. So suggesting that perhaps the firepower of the ecb cant solve all the ails of the eurozone. There is plenty on the corporate front today. Let m
Europe, and also in the u. S. On the other hand, you see also a kind of slowdown in some traditional high growth emerging markets like brazil and marginally so in africa. We speak to the ceo of rival carlsberg in just half an hours time. That is a first on cnbc. And a bailout bat unttle in german politics. Wolfgang schaeuble breaks the party line saying greece could get another aid deal. Good morning, everyone. Welcome to a brandnew edition of worldwide exchange. The stoxx europe 600 is down around. 1 . Were in a Holding Pattern ahead of the fomc minutes out later today. European markets are around a twoweek low, after a big decline in yesterdays trading session and the picture is looking a little more mixed this morning. The xetra dax is off by. 2 . The ftse 100, once again, underperforming. This market is now off some 3. 5 this month alone. But today it is also being weighed down by some of the stocks which are trading exdividend. Among them, hsbc. Ftse mib seeing some bright spots,
Easily top forecasts. Chinese factories continue to fall back shedding jobs at the fastest pace in more than four years. Hsbc leads to more calls for fresh stimulus support. And hedge fund under fire. Reports say u. S. Prosecutors are set to file criminal charges against sac capital over alleged Insider Trading as soon as this week. Good morning, thank you for joining us. We have some information just crossing the latest picture on the eurozone. Lets just dive into the eurozone composite pmi, growth for the First Time Since january 2012. In terms of some of the numbers that have just hit, the composite pmi showing us there is expansion in business activity. The flash pmi estimate was at 50. 4. The read for the markets was expected to be in the order of about 49. 3. These are the estimates on the flash number for july. This compares to what we had in june when the number came in at 48. 7. We got to 50 on this key number, which is interesting. We havent seen that for quite a while yet. L