They all did dip into the red earlier. Strongerq has been the of the three averages. We saw a shift in tone after we got the august isn numbers showing an expansion of the Services Industry at the slowest pace in six. 5 years. 6. 5 years. That caused a Ripple Effect across the market. Take a look at the bloomberg for how that is shaking out among the various groups. Stocks on thecom ride. Tilly companies tend to do well. Financials are lower in tandem with lower bond yields. I mentioned energy as well. , oilf the strongest groups has rebounded bit. There is a deal in the pipeline energy. Acquirednergy has been in a 28 billion deal. It is an all stock deal. Pipelineping the other companies. You are seeing them on the rise as the steel happens. We are watching a relatively smaller deal. They are buying yates petroleum. That is 2. 8 billion. That exposes expands their presence in the delaware basin. That is coming from morgan stanley. Withare signing a deal Subsea Services for that compan
Will be for a breakout. We are talking about friday. Alix how the project on the downside when the defensive stock is already that defensive . Were going to discuss oils bl ull market with ed morris. He is bring his new call on oil. Yes, we have a little bit of strength in europe. Here futures are stronger but again, lack of conviction. Jonathan stocks go nowhere. Put that in a headline. That is the story with the ftse softer. The s pby 2 points on 500. No big moves. Eurodollar, one word, stable around 1. 12. Dollar oscillating throughout the last 24 hours. The dollar index was up for a fourth day. Then we rolled over. Been a choppy few hours of trading. If you look commodity markets, there is a theme. The pullback continues on crude. It resumes down by 1. 7 . Copper getting interesting, racing the gains for 2016 so far. We have the import data out of china on copper. Injectingows, uncertainty into commodities. Yields, the focus throughout this week, fiveyear yields. Were up a basis po
Welcome to countdown. Anna welcome to the program. It is 6 00 here in london this wednesday morning. Carlsberg reporting numbers this morning, and if i give you the organic net revenue number in the Fourth Quarter, that came in well above estimates rising by 5 . The estimate was 1. 8 . It is well on track, talking about further reduction in Financial Leverage in 2016. As the overall profitability of the business, excluding various items, also coming in above estimates at 1. 4 billion kroner. Fell, though, 4 . And that was a bigger fall than had been estimated, the estimate was for 2 . This is a business undergoing a big restructuring, cutting back jobs, closing various breweries after years of various declining profit. Russia has been the key focus, turmoil in ukraine, that has really taken a chunk out of the business. The ceo will be speaking to our colleagues on surveillance. A very specific time, the relatively new ceo at carlsberg will be joining us just after 10 00 here in london.
Undermine the basic security and privacy interest of hundreds of millions of people around the globe. Laws an argument citing all the way back to the 1780s and more specific and more recent cases that the government cannot compel at to do this. It is a powerful response. Off the record briefing even as we speak over this case. The rhetoric is eating up here as apple response to the governments request to show them how to break into an iphone with the fear that this would be the ability to break into all kinds of iphones. Apple is also citing the history of hacking and the u. S. Government saying by opening this phone up to the previously unknown ability to hack it, it would open up all kinds of phones to all kinds of risks to foreign governments and beyond, even citing the case when the office of personnel and the u. S. Thernment was hacked into private records of Government Employees opened up. A powerful response. On the not moving particular move as we anticipated. What is the next
Us. Gina martin adams from wells fargo. First, first world with Caroline Hyde. Caroline thank you very much indeed, david. Yes, lets look at the stage being set at the moment for the battle between apple and the u. S. Government. Apple is refusing a federal magistrate order to help the fbi unlock the iphone from one of the shooters in the San Bernardino terrorist attacks. Apple ceo tim cook says the company has given the fbi data that is in its possession, but cooks as building a back door cook sayse but 10 buildin him cook says building a back door to retrieve the information would not be good for security for customers. President obama says the senate needs to consider his nomination for the replacement of antonin sculley on the Supreme Court. The Obama Administration had reportedly planned a vast cyber attack against iran if the dispute had led to military conflict according to the New York Times. Disablingas aimed at the power grid and communications. Global news 24 hours a day, po