S. A. P. Gets a boost after they lift the First Quarter profit. The ecb is considering a plan to increase hair cuts on greek Bank Collateral if athens fails to convince its International Lenders on reforms. Hi everybody. Good morning. Good morning. Nice to be back. A lot going on still and this week crucial in regards to greece. Earnings. 150 companies on the s p. Some of our guests are optimistic with regards to earnings but most people are saying we could be in for disappointment. The outlook is going to be harder this year. I dont know. I think the expectations are so low that it give mrs. S more room for companies to meet expectations. It depends on which sector youre looking at. The tech sector has been quite buoyant but then you have other sectors where theres still some nervousness with Global Growth and cyclicals out there. Weve seen a pull back in them. Energy. Oil price 60 barrel but theyre going to have to compensate for the dramatic drop weve been seeing over the past coupl
Theres strong ad revenue. And byebye bernanke, the fed chairman checks in for his last fed work as his tenure comes to an end. Janet yellen will be sworn in on monday. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. We saw plenty coming up on todays show. Consumer goods lexolux misses demand in the Fourth Quarter. Were going to be speaking to the ceo first on cnbc in about an hours time. Meantime, amazon disappoint onned with earnings. We asked the online retailer if it can turn around. Meantime, more evidence of japan moving away from deflation. Were speak abenomics in around 30 minutes. And sports fans are gearing up to super bowl sunday this weekend. And the game is being held this weekend in an open air stadium in a very cold weather centre. We hear from one Football Player and see how he thinks players and fans will cope. This is how markets are shaping up. Theres been quite a bit of selling on the market today. The cac has been tryin
Plus whats nations two biggest home financiers are doing now to make it easier for you to get a mortgage . First, though, lets check in with sue on the recordsetting day. It sure is. Its kind of a slow and steady march higher. The rally is moving on. As you mentioned, hitting 1900 for the first time ever. Here are the numbers you need to now. Dow jones industrial average up about 21 points. S p 500 is just below that 1900 mark, up about a tenth of a percent. Nasdaq composite is negative by almost a quarter of a , a look at the yield on the tenyear note. We will see that the yield last time i checked was. Theres the comparison. Well get you the yield in a couple minutes, 2. 614 . Thank goods in for the ticker. As you can see. Dominic chu is here with me. Kind of quiet lirks a slow and steady move. I just got done with a conversation, speaking with art cashin. He says its interesting to watch the action today, specifically in two parts of the market. One is the nasdaq composite. One is t
Interested in a deal with ge as it scraps its dividend. While media reports suggests siemens is pulling out of the bidding. And investors react to the vicious business plan, they say the ceo is being too optimistic with his turnaround goals. Youre watching worldwide exchange, bringing you Business News from around the globe. Hello, warm welcome to todays edition of worldwide exchange. Plenty to get through today. Well be talking about autos, phil lebeau will be talking about tesla. Well talk about janet yellen. First, alibaba has filed fon an ipo after weeks of anticipation. The filing offers a look at a business that controls around 80 of chinas online commerce market. Eunice is in beijing for more. Shes been waiting for this for some time as well. 2,300 pages in this filing. But key questions unanswered. Definitely key questions unanswered. I think everybody wants to know wheres the price, how many shares are going to be sold . Give us more detail exactly about what this ipo is all a
Following the soma mine collapse, the countrys worst ever industrial disaster. Death toll now sitting at 282. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. A warm welcome to todays edition of Worldwide Exchange. We focus on the gdp numbers. Were getting the latest data out of italy. Were trying to bring that to you. Gdp contracting down 1 on the quarter. It was forecast to up up 0. 2 . The drop driven by the industry secretarier. The italy Service Sector growth flat in the First Quarter. The Agriculture Sector grew into q1. Nevertheless, the italian number disappointing. Its in contraction. First quarter gdp down 0. 1 . Thats taking euro dollar around sixweek lows. 1. 3675 is where we stand at the moment. It is worth pointing out on tuesday we got down to 1. 3685. We are a bit below that as well. Sixweek lows for euro dollar. This follows news around gdp elsewhere. Germany beat forecasts First Quarter growth in the period, it doubled the pace reco