Europe is higher and kay shiller home prices just released. Road map begins with under armours ugly outlook, slashing the full year guidance, the lowest open in four years. Plus apple versus qualcomm. They may ditch the chips for next generation of phones and ipads. 126 million and counting, facebook and google and twitter on the hill as new data shows the scope of russian backed preelection manipulation, far greater than previously disclosed but first david has news on a big deal. Yes, we do. Emerson electric wants to own rockwell auto mason and made a series of offers to the company in an attempt to fulfill that desire emersons most recent offer was worth more than 27 billion. It was made in early october for 215 a share that was split evenly between cash and stock the offer worth 200 in early august and one it made a few weeks after that, emersons latest offer to buy rockwell, which increased in value, was met with a ters rejection according to people with knowledge of the correspon
A cycle path in new york lawyers for Facebook Twitter and google go before congress to explain how russia allegedly used them to influence the u. S. Election catalonians the post president says hes staying in brussels for safety in spain starts processing rebellion charges against him plus. The. Kenyan Opposition Leader right loading up calls for the president ial rerun vote he boycotted to be unknown. And sport the knockout rounds of the European Champions League are in sight and p. S. G. And neymar could seal their place in the last sixteen later this hour. Welcome to the brit program we begin with some breaking news at least six people are reported dead after a pickup truck plowed down the wrong way a psychopath in new York Police Say that they shot the driver after he got out of the vehicle and he got out holding some imitation weapons he is now in custody all of this happened just over an hour ago close to the west side highway in Lower Manhattan. Gabrielle is on the joins us live
Earnings will hit. David President Trump gave a interview with Bloomberg News. Among the things covered, his interest in bringing back glasssteagall. We are looking at that. There are some people who want to go back to the old system, so were going to look at that. We are looking at it right now, and doddfrank is going to be very, very seriously changed so the banks can go back to running lending money. David Kevin Cirilli is with us to put his comments in a broad perspective. He did say he is looking at this. How seriously is he taking that . Is this a priority . Kevin no. This was a great interview and this was in line with what President Trump said on the campaign trail. The conservative and democratic bases of both parties we have seen this rhetoric of reinstating glasssteagall frequently. That said, people like Elizabeth Warren, the way they went to implement making up the big banks is very different. Democrats want to have more regulation. Republicans are advocating to provide in
Top conservative rival. It is 8 a. M. In dubai and 5 a. M. In london. This is Bloomberg Markets middle east. We do have geopolitical events taking center stage with the launch of the seventh north korean lipstick Ballistic Missile test. The bloomberg dollar index 0. 35 . On friday,ow u. S. Inflation data came in softer than expected. The mix still slumbering the slumbering, reaching 10. 40 on friday. Look at how u. S. A city u. S. Equity markets closed. Down,nes index also nasdaq was of the outlier of. 09 . Lets take a quick look at what is happening in this part of the world. Of the week of the week in the past, the last five trading days, lets chase him the key companies. Retailers, losses coming from insurance stocks. Level, we saw it being the best performer in terms of volume and activity. Upside, surprising sales with Earnings Growth as the rapid earnings season. Lets crossover. Brent crude, 15. 84 closing trade friday. A continuing build in this rig inventories. Apparently it is
Politicians, and others to condemn the perpetrators and declare the terrorist will not win. We have been here before and we need to say this again does not make it any less true. Now, bloombergs executive editor. What have we learned so far . Most likely a suicide perpetrator. Gle the police are keeping details to themselves. We dont know if the attacker acted alone. No one has claimed responsibility. It was interesting to note theresa may condemned the attacker and the ideology behind it. That is pointing in a particular direction in terms of motivations behind it. Bit, but, we know a there is more we need to find out. Jon who radicalize them, who trained them, who funded them. A 23yearold male has been arrested in south manchester. It is related to the attack. Is it too early to assume this was part of a wider group of individuals . John you never know. Small cell. Ty the key question is, was this a lone wolf attacker or two lone wolves . Was it part of a tightly organized campaign,