Impact Investor Sentiment . He market is about to open and an arm and a leg. Japans softbank pays 32 billion for arm holdings. Is this a big bet on the internet of things and or an opportunity for currency trade . We will discuss that. Not 29 minutes away from the European Equity market open. Looks like we are going to see a reasonably positive start today. Over to the bloomberg and the wei. The fair value calculation tells us we will probably be of 3. 5 . A big premium being paid for arm holdings. Phenomenal move. We will dig into that m a. Assete see m a across classes . The pound is so much cheaper, particularly when you compare it to the end. The lira rebounding today. The dollar is lower versus the turkish lira. Breaking news that turkish stocks have opened and they have fallen. Turkish airlines, the tourist industry being particularly hit. U. S. Futures up. 3 . Money coming out of the yen. No need for that haven and no need for gold, either, it would seem. Part k aversion sparked
It is about 30 minutes into the trading day of the u. S. So lets head straight to the markets desk or julie hyman has the latest. Dow just upe the about 13 points. Not a huge decline there. The nasdaq, close to. 3 . Take a look at what is going on here. And that is factoring into the trading today. If you look here on the bloomberg, it is Energy Shares a lot of the earnings reports we are watching are actually pushing stocks higher, one of the reasons the dows not falling as much as the s p and the nasdaq. Lets get to the earnings movers. Shares plunging by 14 . The focus tends to be on the subscriber growth. Subscribers, one and a half million overseas. The company itself has projected as well as what analysts have projected. Explaining this as impart an increase in prices in the United States. Helping support the dell to some extent. Drugs holding up well, particularly for remicade. Ibm is another one watching. Earnings knowing yearoveryear but eating estimates. Earlier. Re higher th
Christine lagarde says she was miss the download outlook. We will talk about the investment lessons from brexit exclusively on bloomberg. Welcome to countdown. Manus i am manus cranny. Weve got a little breaking news for you. Anna lets start with agrochemicals. Firsthalf net income, 1. 06 billion. Firsthalf operating profit, 1. 35 billion. He sales number, those are the numbers coming through. I have to channel Morgan Stanley and say its unlikely to move the shares given the ongoing takeover bid. The committee on Foreign Investment in the United States, they are an interagency watches overt global trade, and it has been casting its eye over the cam china deal. The timing of the deal will be an interest. These numbers, just coming through. Weve got a number that compares against the estimate, 1. 77 billion. That looks to be a little bit light. Maybe that will move the numbers, but crucially, we are looking for detail. Manus ive got lights for you . Have you switched over to leds . Total
Firm. Welcome to countdown, everybody. I am anna edwards. Manus i am manus cranny. They warned us, saying the problems would be tough, dropping around 50 less. Let us bring you the first news. First have sales coming in at 3. 7 2 billion, that is down 11. 4 , a little bit less than will the market was perhaps expecting. 353he operating profit, million swiss francs, that is down 53. 6 annually. They expect the results close or equivalent to last years, with that kind of pressure, this was last week, the stop dropping 14 on the day. The drop in profit they expected it to be twice what the analysts had expected. It is all about switzerland. Anna lets stick with the corporate thing. Firsthalf sales rising by 5 , and roche confirming the forecast of interest, analysts say first half sales will be 20. 5 billion swiss francs, a touch above the estimate of 24. 8 billion swiss franc. And at 7. 7 swiss francs versus the estimate of 7. 64. A look ahead of estimates. Looking in particular for Blad
More bullish than anyone else on the street. To the markets desk right now, where julie hyman has the latest. Jules . Earlier we were sort of drifting, unchanged, but now things have turned higher across the board. Reclaim theo records that we saw back on wednesday, but nonetheless still the s p is up one third of 1 . Lets take a look at the week as well to get some perspective on the record that we saw on wednesday. You can see it pretty clearly here, the record levels where we were on the intraday closing basis. Even those climbing back, still not at those levels. Back to todays session, a lot of push and pull going on. Companies like general electric, falling even after earnings Beat Estimates because orders fell in the second quarter. Apple under pressure has one of its egg suppliers, skyward issuing a warning related to its biggest customer. Paypal, holdings falling even earningstes beat Beat Estimates as well. Back to you guys, i believe we are going to hear from the president. W