Milkily disclose earnings and tax bills in europe packaged blgeurope. And bangladesh coveru. And ill be here with all the days sport including the Denver Broncos are crowned super bowl champions. Hello, we begin in syria where new refugee camps are being built to house the thousands of people who fled fighting around aleppo, where government and Opposition Forces are locked in a battle for control. Turkeys Prime Minister says refugees will be allowed to cross, quote, when necessary. At talks in ankara, he and the syrian Prime Minister agreed, not just appalled but horrified at the suffering coughe caused s air strikes. Boats sank when trying to cross from syria to greece. The german chancellor came here with a clear message for turkey, stem the refugee flow into europe but turkey isnt expected to do it alone. Translator if illegal means are reduced or stopped, we have to find legal means to reduce burdensharing. How it will be done remains up clear. In a joint press conference with cha
Lets take a look at the trajectory of futures throughout the morning here. Here you have futures going throughout the night. This is the leg lower than i am about when the testimony came out. She talked about the financial conditions of being a challenging at this point in time. She tried to walk the line between being cautious and leaving the door open to rate increases. Welooks like that is when saw the leg lower. Things are holding up relatively well. Take a look at the imap sectors on the move this morning. We have got utilities lower. They tend to fall when we get higher rates. Leaving,re is technology is leaving, financials are coming back as well p are a lot of groups have suffered in recent days and are coming back. Tech in particular because many of the Tech Companies are contributing the most to the gains we are seeing in the s p 500. Microsoft, apple, amazon. These are the beatendown names we have been watching recently, rebounding this morning. Treasuryor yields are coming
Official anymore . Scarlett i dont know. Wednesday is official because j. P. Morgan is reporting. Julie whether you are talking about alcoa or the banks, there is not a lot of optimism when it turns to earning broadly with energy or financials. We have seen a pairing of gains today as we have gotten deeply into the session. The s p 500, if you look at the intraday move we have seen, it has been moving from steadily lower, a leg up in the past few , downs, but none the less sharply from the highs of the session. Lets take a look at the s p 500 profit estimates and the change we have seen in estimates. This is the change that we get quarterly. We are talking about a 10 percentage point swing in these estimates overall. The estimate is for earnings to fall 10 in the quarter that we are about to learn about. Definitely a lot of pessimism going into the season. The caveat we always talk about his companies tend to be by a high rate. As always, it will hinge on not just the reportings but wh
Youre watching Market Makers. Its a wednesday in new york city. Wednesday around the world, too. Market maker im wearing pan. This is a much bigger deal than you might think. I could not find a skirt that fits. That is clearly the top story in business and finance. Here are a few others. Shares of target are rising this morning. Posting thirdquarter earnings that beat estimates. U. S. Sales better than the company itself expected. Expansion into canada is showing signs of improvement. The u. S. Is demanding that Chicago Corporation and sutomakers recall all car with these airbags. So far, only cars in states with high humidity have been recalled. Who needs taylor swift anyway . Spotify is expanding and will boost its workforce by one third. They will hire 500 more people while improving software. Artists such as taylor swift have criticized spotify for not paying them enough. Supporters of the Keystone Pipeline said the controversial project is down, but not out. The keystone came up o
Face is often that there are we have to look at these problems not only from the question of, heres a new service, such as maybe being used by initially by a small slays of the population that has certain selfregulating characteristics to it. When you think about a Regulatory Regime that will apply not only to what exists today but with what comes after it. How these individual services revolve, what new services are created in the same space. So theyre there needs to be an openedminedness on the part of local governments and also a measure of caution that says what works for Transportation Company x may actually turn out to not be sufficiently protective of the Public Interests when it comes to Transportation Company y that starts up next week. So, i think thats the balance we have but we certainly found that most of the companies in the space have been very open to working with us at the local level and its a dialogue that the city of austin at least is very open to having. Adam cono