And apple and amazon lead afterhours gains after the iphone maker beats expectations and the ecommerce giant beats record profits. And sony reports its best ever Third Quarter profit and forecasts a full record year the results come as the ceo, kazuo hirai announces hes stepping down. Welcome. Lets look at these markets. The stoxx 600 is on the defensive, sliding by 0. 7 as you would expect, after the deutsche numbers, the banks are leading the losses here over in europe lets take you through Deutsche Bank very quickly. Posting a net loss of 2. 2 billion euros for the Fourth Quarter. Much worse than expected the yearend number was really the issue here almost a a500 million euro loss. The third consecutive loss for Deutsche Bank. Lets look at individual european markets, this is how they look. Broadly weaker as you would expect xetra dax is off by 1 cac off by almost 1 the ftse mib down by 160 points. The ftse 100 in terms of the overall picture is doing reasonably well. So the loss is
Commissioner hogan, distinguished leaders of the political groups, members of the European Parliaments, dear friends, i want to say its a great privilege to be the first wither in your debates heads of government on the future of the European Union. Mr. President , i believe the European Union is that a Decisive Point in our history. Despite all the of peoples in recent years, the rise of populism and skepticism, nationalism, antidemocratic forces, we meet today in solidarity and with a renewed sense of purpose. The european ideal has always been inspired by the spirit of optimism and the belief in a Better Future. While that ideal has been tested, it has not been broken. Base of the achievements of the appetiteavent renewed to face the challenges of the future. 1947, representatives from 16 countries met in paris to discuss how they could resist economic decline and preserve political freedom. [speaking french] in 1947, we heard the importance of resisting economic decline and preserv
Money investing for yourself than hiding out in bonds or putting your money in index and mutual funds, which you know we favor. Pundits and commentators say its too hard. I know from experience from running a 500 Million Hedge Fund for 14 years and returning 24 after fees that you can do it as long as youre willing to put in the time and effort. And i know you are succeeding at individual investing when you stop me on wall street or squawk on the street. Not everybody is up to it. Thats why i say i have no problem with index funds. In order to be a good investor which i know you can be youve got to understand how the market works behind the scenes. Thats why tonight im devoting the show to sharing the most important lessons i learned in more than four decades in the market. There are lessons i need you to unlearn, myths that need to be demolished. The notion that the market is rational. That the action makes sense. That simply isnt true. Any given day the action in the market can be no
Are available at this point. Scott a handful of legislatures are pushing for the recover act which would mean lifetime credit monitoring for the victims and 5 million in Insurance Coverage for identity theft. On capitol hill, scott thuman, abc7 news. Maureen he admitted shooting nine people to death in a Charleston Church. Tonight the f. B. I. Says dylann roof should never have been able to get the weapon. F. B. I. Director says a background check failed because of a breakdown in paperwork between Police Department and counties. Roof told investigators he attacked black Church Members in charleston to start a race war. Former Virginia Governor Bob Mcdonnells appeal has been denied. The court upheld public convictions against him and mcdonnel was sentenced to two years in prison but was free on bond in the appeals process. Northern Virginia Bureau chief Jeff Goldberg is live with the impact of todays decision. Jeff . Jeff this is a huge blow for governor mcdonnel. It looks like he will
Increased its payroll by 2,000 jobs. However, this firm has been inadvertently caught up in unnecessary s. E. C. Registration because with sbic assets undermanagement being counted, it exceeds the 150 million exemption threshold we established in doddfrank. Without undermining the key Systemic Risk and Investor Protection requirements, we established under doddfrank, h. R. 432 provides escalot Capital Partners and similarly situated sbics with targeted relief. So i applaud the bipartisan coauthors and urge members to support this bill. I will reserve the balance of my time. The speaker pro tempore the gentlewoman from california reserves the balance of her time. For what purpose does the gentleman from missouri seek recognition . Mr. Luetkemeyer mr. Speaker, i yield as much time as he may consume to the gentleman from new jersey, mr. Garrett, the member of the Financial Services committee and distinguished chairman of the subcommittee on Capital Markets. The speaker pro tempore the gen