Those instant cameras these days. We will be talking to the polaroid ceo. Welcome to Market Makers anarcho. Erik schatzker will be here with us shortly. Before we take you to mid town manhattan, we have to take you out to the newsroom with some breaking economic eta. Here is michael mckee. Hold onto your hat. We have a holy cow number out. The expectation was for a small increase, new home sales go up 18. 6 . This is in the month of may. This puts us at a 5004000 annual sales pace. Billed as a been telling us that they have been growing more confident about people coming into the market. This seems to support that view. Much of the increase in the northeast and in the south, we saw it increase all across the nation. Housing seems to be back after the big increase in existing home sales. These numbers will increase the amount of supply out there. The number of homes for sale is not changing. Consumer confidence is up. There is a chance of those things go together. From 83er goes to 85.
Fever helping the companys earns, but could momentum be up . Ag space, dupont, shares lower in the premarket after the company cut the outlook. A 9 billion settlement is expected to be announced monday, and now new reports say the france bank is looking to sell off billions in bombs. Listing on the big board listing at baba. What could be thee largest u. S. Tech ipo . First up, nike earning 78 cents a share beating forecasts. Dow components citing strong sales in regions like north america and europe benefits from a marketing push ahead of the world cup soccer tournament. Revenue up 11 in every region except for japan, and i love this, soccer, or global futbol revenue up 21, marketing costs up 10. There was a dig at rival, adidas, dominating the soccer business, thats its roots, nike entered in the late 1990s. We are the best brand in the wor, and numbers show they are taking market share in western europe, futures orders, everybody looks for on nike, a good indication of whats to come
The prince of wales has led british commemorations of the allied victory overjapan 75 years ago, which ended the Second World War. 50,000 british and commonwealth troops died in the war againstjapan, half in prison camps. Some of their relatives joined surviving veterans at Britains National memorial arboretum for a ceremony to remember them. Sian lloyd was there. 96 year old joan burfield, known as johnny since her navy days, one of the remaining few who remember vj day because they were there. She was then a wren, aged 21, stationed in the far east and tasked with decoding signals, one of a group of young women whod joined the navy to serve their country. 75 years on, she hasnt forgotten the most Important Message she came across. We were receiving signals, you know, from all over the place. And, well, Somebody Just shouted, its over its over the wars finished but we still had to carry on. For Sergeant Francis raley, the japanese surrender signalled the first steps towards freedom. L
Now lets turn to the uk, and the impact of the pandemic on young peoples education. In a huge policy reversal, affecting hundreds of thousands of pupils, england, wales, and Northern Ireland have all announced that a level and gsce results will now be based on teacher assessments rather than grades generated by computer modelling. The education secretary gavin williamson, who last week said the system was robust and fair, apologised for the distress caused. Our education editor branwenjeffreys has more. Im steph, i was predicted a and two as by my teachers and i was given a , b, b on results day. Steph has lost a place at cambridge, first from her family in birkenhead to go to uni. This morning, she told me teacher grades should stand. And we have to work extra hard for where we are and we still havent got anything out of it. I know obviously my grades are still very good, but ive still missed out on brilliant opportunities. Out of anyone in this, we should just be trusting the teacher
So, whats the reaction to the deal been across the uk . Well be hearing from our scotland correspondent james cook in glasgow, our wales correspondent tomos morgan in cardiff, but first, heres our ireland correspondent emma va rdy. Just think back, the Brexit Process was so seismic for the island of ireland, because it threw up all those questions over what to do about the irish land border and it reminded everyone of the troubled history of this place. But now many of the issues which once seemed unresolvable, there are now agreements on. And Northern Ireland enters this new era where doing trade here will be different from the rest of the uk, those special arrangements in order to keep the irish land border invisible. Now, the trade deal has been welcomed here, it is likely to make some of those special arrangements for Northern Ireland easier to carry out in future and it will bring great relief in the irish republic, where many peoples livelihoods, particularly in the food industry