Francisco. Shares of arii Asiana Airlines a skrugtruggle between the Muslim Brotherhood and the army intensifies. All right. Welcome to you. Start of a new trading week here on worldwide exchange. Just over an hour into the trading day, were certainly waited to the upside of nearly or more than 91 advancers out pacing decliners now. Gains toward the end of last week. The ftse last week up 2. 5 . Best week since january. Right now up with the best levels of the morning so far as well. Ftse up another 1 today helped no doubt by andy murrays historic win at wimbledon. First time in 77 years british male champ at wimbledon. Portugal, up nearly 2 as well on the bond markets. Still looking at the fallout, of course, from last weeks jobs report. Much stronger tenur eer 10year. Went up to 2. 75 on friday. Which is the highest since 2011. The spread the widest since 2006. A steeper yield curve normally is what you should get if you think the economy is going to be improving. Currently markets,
Is down by just. 10 . A road map develops for what could be a very, very good day in technology. Hear what Steve Ballmer has to say. The mini ipad is out. More trouble at best buy, a Major Management shakedown. And is cramer going to call this the come back story of the quarter . And could it keep the ceo off the hot seat . We begin today of course with microsoft officially unv l unveiling its the secret staging area microsoft uses to lae out its Retail Stores nationwide, we talked to Steve Ballmer about pcs versus tablets. You asked me whats going to happen to the pc market and the tablet market. We cant tell them apart. But with one arrow, we have if you will gotten two birds, tablet and pc, but we dont want to let any of the innovation surface of that not be exploited. Thats the only statement were making. What do you think its going to do . Because if theres so much hoopla about windows 8 a year ago. Its a dividend play, its a utility, its a little more spark. The company itself, t
Hello, i am mark barton. This is countdown. I am anna edwards. We are getting numbers from frances largest lender, bnp breaking earnings right now. Lets get straight to that. A surprise drop in fourthquarter profits. 1. 1 billionide tied to a review of payments to parties subject to u. S. Economic sanctions. 76 to 127falling by million euros. The lowest Quarterly Results since the Fourth Quarter of 2008. It is a mess, missing the one billion euro average estimated by analysts at bloomberg. Decision after it paid to settle u. S. Allegations carried out in proper transactions with countries such as iran. The company also announcing today that it intends to increase return on equity which is a measure of profitability to 10 or more by 2016. Return on equity stood at 7. 7 last year. It will present its threeyear of element plan to investors next month. Frances largest bank because of this legal provision in the u. S. Missing fourthquarter earnings estimates. The cfo spoke to bloomberg in p
Fell even as the senate moves closer to strike on syria. Blackberry shares are in focus today on a wall street journal report the company is speeding up efforts to find a buyer. Intel shares fired up yesterday as the tech company unveiled new chips for data centers and cloud computing. Shares shot up 2. 5 . And trouble continues to nag the nasdaq. The exchange had 6 minute issue yesterday just about two weeks ago trading in stocks stopped for 3 hours. Todd horwitz of average joe options joins us on this thursday morning. Good morning to you. Good morning angie. As we move closer to a strike on syria, how is the market likely to react . You look at the market and the market came out tuesday with the relief rally that there was no strike. Yesterday the market was higher. So it looks like the market would prefer not to have a strike here. So i think if we do get a strike i would look to see a little bit of selling pressure. You have been a big bear. The fed is out saying that it sees mode
Dining room tables, people have got to be talking about, okay, we were very nervous about the market, but stocks have moved up, so, marge, should we get in or not . And coming up a little later on the program, a closer look at whats fueling the rally. We dig into where the money is coming from. Well, a lot of credit for the recent bull run is being given to Federal Reserve chairman bernanke. He gave stocks another boost today. The fed did, with its latest beige book survey of Economic Conditions around the nation, and Steve Liesman gives us a closer look at what the central bank found. Reporter the consumer is troubled, according to the Federal Reserves latest beige book. The beige book is a collection of economic anecdotes from the feds 12 districts around the country, and it helps policymakers figure out beyond the data whats really going on in the u. S. Economy. What they found was a mixed picture on consumers. They are still spending on autos and tourism and services, but retail is