Into our freedom the Chinese Party getting into strength and Services Also pushes the french print past expectations retail rebound uk sales urge past expectations in june as the lockdown lifts while the uk starts to enforce new rules on face coverings. European stocks struggle after chip maker issue earnings dpi guidance and delay the launch of a key next generation product a very warm welcome to street signs. A big day in terms of data we have the flash pmi coming through. Weve heard from germany and france better than expected now we have the eurozones overall for the region the flash composite up from 54. 8 we cross into growth territory we look at the breakdown and the flash manufacturing pmi that has come in at 51. 1 versus 47 in june on the services side, the pmi has surged to 55. 1 up from 48. 3 in june. So a big, big step higher in terms of the overall numbers for the eurozone that is reflecting strength in germany and france lets get out to williamson. The organization that p
Aba. President yee to highlight not only those on the frontlines of the Health Crisis serving our community, but also those who have been leading the movement in racial justice. They are people, many argue, for making a difference in organizing and advocating for a brighter, more equitable future. These are [inaudible]. We have so much to celebrate, and it only takes one person to create a Ripple Effect to transform the world. Im calling on the city and all of you, my colleagues, to promote this campaign and to nominate as many as you can. The website is www. Onemillionawards. Com. Can i have a motion and a second . Supervisor fewer so moved. Supervisor stefani thank you. President yee thank you. Madam clerk, would you call the roll, please. Clerk certainly. On the motion [roll call] clerk there are 11 ayes. So the motion to amend passes. I also want to thank the cosponsors, supervisor mandelman and supervisor peskin, and i believe, supervisor peskin, your name was on the roster. Did y
The meeting will come to the order. This is the july 8, 2020, rescheduled budget and finance meeting. Im sandra lee fewer. Im joined by supervisor walton and mandelman. I would like to thank sfgovtv for broadcasting this meeting. Do we have any announcements . Yes, madame chair. Due to covid19 Health Emergency and to protect board members, City Employees and the public, the board of supervisors legislative chamber and Committee Room are closed, however, members will be participating in the meeting remotely. This is taken pursuant to the state orders and directive. Public comment will be available on each item on this agenda, both channel 26 and our website, streaming the number across the screen. Each speaker will be allowed two minutes to speak. Opportunity to speak during Public Comment period are available by calling 408 4189388. Meeting i. D. , 1461315200. Again, 1461315200, then press pound twice. When connected you will hear the meeting discussion. When your item of interest come
Associated with that multibillion Dollar Program and this geo specifically provides match and is part of that full funding plan. Capitalwise they will continue to be sustained by the citys proposition k sales tax. But we do, as tim noted, are continuing to have discussions with them longterm. Supervisor fewer okay . Thank you. Any other comments, questions, from my colleagues. Seeing none, could we have a b. L. A. Report . Yes, chair fewer, members of the committee, 4 and 5 i prove the issuance of 140 million in general Obligation Bonds for transportation improvement projects. We summarized the use of the bond funds on page 10 of our report and sort of the overall bond projects on page 11 of our report. Estimated debt service on the bond would be 9. 7 million per year as discussed. The impact on the property tax rate would be for property assessed at 600,000 would be 20 per year. This does fall within the citys capital debt limit and capital plan tax rate limit. We recommend amending t
Component earnings joining us for the hour is stephanie link great to have you here i think thats exactly where we should start we had earnings from walmart and cisco. Cisco is the drag on the dow how would you characterize how it reflects back to the Broader Market last quarter the same thing happened where cisco disappointed and walmart posted a better than expected number. This is what this economy swhat this market is enterprise spend is weak on trade concerns and uncertainty and thats not Getting Better any time soon versus the consumer being very strong those numbers are very impressive 6. 6 stack comp for walmart. It actually kratd. Ecommerce sales 41 . Estimates are going up for walmart and going down for cisco and i dont think theres a lot of visibility at cisco even if you listen to that Conference Call they were disappointing across the board. You got to pick your spots of where you want to be well dive deeper into each of those Companies Reports ahead. Stephanie will be wit