Im france in the quad. Lam francine the quad qua lets begin with our top court story. Lets begin with our top story. Peugeot will have profits and cash flow. Caroline hyde joins us now. Talk to us about the events related to peugeot over the last six ivan 12 months. This assiduity events occurring in latin america and russia. 1. 1 billion euros is where the hate is coming. The hate is coming. Hit is coming. The fact is that the peso is going to three percent and the russian ruble has weakened 12 . These nations are going to be significantly head. To weakness in the currency and the Overall Force of markets. That is where the challenges are stemming from. Is the savings theyre getting from General Motors and the relationship. It is 40 less. They told us it would be to win dollars in 2016. Now, that is downgraded to 1. 2 billion by 2018. Clearly that is a move that theyre making to try to ease into the problems and the cash burden that the half. It is not paying off in the way that peopl
Stocks. Crude awakenings. Oil is being shipped through the controversial Keystone Pipeline. Its not just refiners who can benefit but consumers as well. All that and more tonight on nightly Business Report for wednesday, january 22nd. Good evening, everyone. Netflix dazzled investors today with spectacular earnings after the market closed the Company Reported Fourth Quarter earnings 245 far exceeded forecasts, gaining many more subscribers than predicted. In the final three months of the year, netflix earned 79 cents a share. That was 13 cents more than estimates. Revenue also topped expectations. And then on totop of that the cy gave a very strong outlook. During tradings days it roh moohyun rose as much as 1. 5 . More on the results and what the companys predicting for the Current Quarter. Reporter netflix didnt just beat expectations on the top and bottom lines. The key number in focus, streaming subscribers, came in higher than projected as well with the addition of 2. 33 million u
Cme. Where are you seeing action the most . Obviously were seeing the Broader Market come off quite a bit here. It is very dangerous for this market to trade off of headlines coming out of the region. We had one majorly conflicting story out of the region today. I think trading off of that can be very dangerous. As a trader i want to focus on price action and overall. Stocks tied to russia falling off the most. Rsx, russian equity etf traded here in the u. S. Were today seeing something very interesting in this name. All last week we saw puts outtrade calls pretty much every day as investors got more and more bearish the fund going into the weekend. Niece comes out over the weekend and today the script has flipped a little bit. Weve seen calls outtrade puts in opening hours. Day. The stock opened down 9 . It has come off the lows. Some of the biggest orders to hit the tape today are sales of march 21 puts, almost 20,000 times sold this morning 40 cents, indicating traders believe there
And its been trading around that price right now. I should point out, on this incredibly newsy day, as youve been hearing, roger goodell, the nfl commissioner will be holding a News Conference. Hes expected to talk about the Domestic Violence issues that have plagued the nfl for the last couple of weeks to perhaps talk about an overhaul of the personal conduct code in the nfl and talk about the work that they are doing but well get to that as soon as the News Conference gets under way. We will be, with the apology of the choppy nature of what is happening in the markets today. This is where it all happened today. Were waiting for the pricing action to begin. The dust has settled. This area was wall to wall, shoulder to shoulder with hundreds of people this morning. But Stocks Holding up pretty well. 92. 70 is where it was traded but, remember, when jack ma wanted to personally choose all of the shareholders, that meant they would be choosing people that they thought would be holding on
Controversial Keystone Pipeline. Its not just refiners who can benefit but consumers as well. All that and more tonight on nightly Business Report for wednesday, january 22nd. Good evening, everyone. Netflix dazzled investors today with spectacular earnings after the market closed the Company Reported Fourth Quarter earnings 245 far exceeded forecasts, gaining many more subscribers than predicted. In the final three months of the year, netflix earned 79 cents a share. That was 13 cents more than estimates. Revenue also topped expectations. And then on totop of that the cy gave a very strong outlook. During tradings days it roh moohyun rose as much as 1. 5 . More on the results and what the companys predicting for the Current Quarter. Reporter netflix didnt just beat expectations on the top and bottom lines. The key number in focus, streaming subscribers, came in higher than projected as well with the addition of 2. 33 million u. S. Streaming subscribers and more than 1. 7 million overs