Axa announces plans to float a Minority Stake in its u. S. Operations, as the french insurer reports First Quarter revenue shy of analyst estimates. Ings First Quarter underlying pretax results exceed expectations, but the companys cfo tells this program demand is still soft. Demand is still quite low. So you have to work really hard in order to get your lending volume in. Thats why we are so flash and happy with the 5. 7 billion. Good morning. Glad youre with us on wednesday. We have a lot to get through. Lets kick things off. A Stunning Development in washington. President trump has fired fbi director james comey who had been conducting an investigation into possible connections between trumps president ial campaign and russia. According to a white house statement, trump acted on recommendations from Deputy Attorney general rosenstein and jeff sessions. Bot richard burr the republican senator leading the Senate Investigator into the possible russian ties said he is troubled by the ti
Cash flow really strong we were 2. 7 billion pounds, over a half billion more than last year and this is what gives us the confidence in raising our guidance in Margin Expansion and in initiating a stock buyback this year of 1. 5 billion pounds. Astrazeneca shares are set for their worst oneday loss, after a key lung cancer study fails, wiping 13 billion off the drugmakers market Cap Deutsche Bank shares fall on a 10 drop in revenue, as the german financial giant suffers the same fate as itself u. S. Peers with a slump in fixed income trading well speak to the ceo, john cryan, at 11 00 cet. Downstream powers shell to a beat, as the oil giant more than triples its profits in the Second Quarter Ceo Ben Van Beurden tells us the Energy Market is regaining stability. Bhafrnlg bhafrnlgts. What we are seeing is a market cents essentially in bale market is growing fast probably more next year. And longterm supply is declining. I think we need to discuss this astrazeneca story more. Astrazeneca
Hospitalized. You are watching bloomberg. Bloomberg technology is next. Emily this is Bloomberg Technology. Beflix crown jewels estimates again. Benioffesforce ceo marc joins us taking down rising competition in the cloud. And why a judge decided not to arrest samsungs heir apparent. First to our lead. Netflix shares spiking in afterhours trading. They added more than 7 million subscribers to finish the year with 94 million members. The company credits the popularity of original content including the crown and Gilmore Girls in black mirror. A top of all of this is one of investors chief concerns. Joining us now, cory johnson. Walk us through. Pretty record. Cory those are some great numbers here. There were some terrible numbers here. Cage, it was interesting to see. That is part of their longterm plan. A change. Spending right now is going towards original content including luke cage where they are thinking its not just luke cage, but daredevil, iron fist, they will have their own ave
Hospitalized. You are watching bloomberg. Bloomberg technology is next. Emily this is Bloomberg Technology. Beflix crown jewels estimates again. Benioffesforce ceo marc joins us taking down rising competition in the cloud. And why a judge decided not to arrest samsungs heir apparent. First to our lead. Netflix shares spiking in afterhours trading. They added more than 7 million subscribers to finish the year with 94 million members. The company credits the popularity of original content including the crown and Gilmore Girls in black mirror. A top of all of this is one of investors chief concerns. Joining us now, cory johnson. Walk us through. Pretty record. Cory those are some great numbers here. There were some terrible numbers here. Cage, it was interesting to see. That is part of their longterm plan. A change. Spending right now is going towards original content including luke cage where they are thinking its not just luke cage, but daredevil, iron fist, they will have their own ave
Impugning the character of a senator. He says he spoke with President Trump today. One says turkey demand that sound the relationship between the two countries during the obama administration. Both sides agreed to act together. It will be the First Official overseas trip. Global news 24 hours a day powered by 126 journalists and analysts in more than 120 countries. Is bloomberg. Scarlet live from bloomberg World Headquarters in new york, i am scarlet fu. Joe 30 minutes here in the u. S. Extendingreasuries their gains. Joe the question is what did you miss . It passes through the bill. In the u. S. , an Appeals Court says it will not issue a ruling on the president s band today. Stock activity has been muted but could a march turning point be in the cards . Our guest peter will join us momentarily and he is navigating the political landscape. Twitter will report fourthquarter profits tomorrow. Under pressure to jumpstart Revenue Growth and also make a profit. Improvedrowth has not since