Mario draghi said the bank may increase his stimulus. He says theyre still a risk of deflation in the euro area. That sent italian and spanish bond yields falling. Now at a record low. One of the most eloquent speakers of his time, at democrat made the case for the parties liberal wing. Former new york governor mario cuomo died yesterday, he was 82. He served as three terms as governor. His speech propelled him into the national spotlight. He was considered elected president ial candidate in 1988 and again in 1992. Each time, he refused to run. He bowed out as a plane was waiting to take them to New Hampshire into the primary in 1992. He died of Heart Failure just hours after his son andrew was warning for a second time as governor. Search teams still having our time fighting wreckage from the airasia jet. They will use sonar and ping or locators as a look for the flight recorders. So far, 16 bodies have been recovered. There are 10 foot waves and winds up to 40 knots and the search ar
Im francine lacqua. A crossroads for europe. Greece and ukraine face critical meetings that will determine their path for the next couple months. Lets get straight to our reporter on the ground. The greek Prime Minister, alexis tsipras, won a vote of congress a vote of confidence for his antiausterity program. Now, the tougher task of convincing creditors to a new agreement. Germany is showing no sign of backing down from its opposition to the new deal. For more, we are joined by hans nichols. You will be going to brussels later today. What can we expect from the meeting . We are going to get the formal presentation from Yanis Varoufakis on what he wants in terms of a bridge loan. What we expect is 8 billion in increase in the tbills, and an additional 1. 9 billion. Let me read you some headlines from the greek papers this morning. One, high taxes will bring recession. Another, new taxes for real estate and income. The eurogroup will either point to agreement or a rupture. At the same
Markets have had a bullish run. The Energy Producers rose by almost six and a half percent. What youre seeing is is that a sustainable rise. Is that bounce and oil good for the market . They say, no, its not because it would encourage lazy producers. Sky leads the pace. A great interview with the cfo. It is the italian french british juggernaut. Caroline hyde will have the details. Record sales in germany and austria. The number of people going off in search of new opportunities. Greek bonds, great markets rising by 16 . Sky stock up 2. 8 . 959. 5. Standard charter up half a percent. One of the biggest shareholders Aberdeen Asset management a very good bank. Mr. Sanz has pledged 4000 job cuts, and he is making 400 million in savings. The stock is marching higher in london. Sky up 2. 3 . Not you individually, but on a global basis. They are confirming 2015 has been a good year for their core brand. Fashion and leather is where it counts. Up 4 , top of the analyst estimates. They were th
Switzerland surprise move in severing ties with the euro after cutting Interest Rates. We will have the latest from copenhagen. Could turkey be about to lower its Interest Rate . The countrys deputy Prime Minister said a cut is on the cards as early as today. Welcome to countdown. We are waiting for a word. The company says nonoperating profit coming in for 2017, so it is giving its projections for 2017. It sees cloud and support revenue between 1. 9 5 billion and 2. 0 5 billion. A big day for s p. It is unveiling its sixyear plan. Is it sustaining its 2017 target of 35 operating margin . That was the target it announced one year ago. But as one of the key questions we will be asking the chief executive when we that is one of the key questions we will be asking the chief executive when we speak to her. More projections crossing the bloomberg terminal. Operating profit between 5. 6 and 5. 9 billion euros. That is for Constant Exchange rates as well. The big story is it has lowered its e
Mcdonalds surging nearly 5 after ousting its ceo. Wlas what is the new plan for the fast food giant . This remains the big question. And one hour from now, some huge earnings hit the tape google, amazon advisoryvisa biogen to name a few. Well have the numbers and instant analysis as well. A ton coming up next hour. Were just ramping up on the whole earnings thing. Digesting names like ali alibaba. The dow is up about 148 points this hour. That outperformance from a couple of individual movers. Boeing again in two days the stock is up Something Like 10 . The s p, meanwhile, up about half a percent. The same thing goes for that nasdaq buffeted from outperformance by apple and underperformance by alibaba. Lindsay bell from s p capital iq and our own Rick Santelli. Heather, you first, why do you think the market is picking up as the day has progressed . I think some buyers may have emerged after a january selloff. The dow still down about 3 on the year the s p, about 2 . We are coming off