Welcome to the pulse. We are here in london. It is a busy morning. Francine we are just getting some figures. Confidence at 108. 6. It is a good indication of what germans are thinking after we had some dire pmi figures yesterday. Guy this is a survey of business in germany. It is 108. 4. The median expectation was 108. 6. The Current Assessment, 113. 9. Francine when you look at the breakdown, expectations are lagging. The Current Assessment is a little bit high. Lets look at eurodollar. Guy lets look at what is going on. A little bit of a rally on our hands. That was generated a little bit earlier on. 1. 0892. Francine fitez, futeex where Authorities Say the man who caused the flash crash work. Guy ryan. Ryan we are on futexs Trading Floor, where Navinder Sarao worked. He spent the better part of his 20s here. This is where he learned the abcs of training and honed his skills. Important to note is the period after he worked here. Specifically 2010 and the flash crash. That has captur
Deal worth 5. 8 billion. We bring you the Details Behind the megadeal. Anna u. S. Authorities identify the trader libel at Deutsche Bank. We take his role in what looks like a fine for germanys largest lender. Mark hello, welcome. Im mark barton. Also coming up today, emily chang sits down with facebooks chief officer and virgins Richard Branson for an exclusive conversation on the balancing of work and family. We will bring you that later in the show. Manus the nasdaq futures are trading higher this morning, as we get started here in europe. The end of asia signaling a potential for record high. That comes on the back of the nasdaq composite topping its. Com era peak. Why investors are so bullish the tech woman is in the house with these stories. Caroline think it so much. Look this record high in the nasdaq. Whenever this dotcom boom . Im sure you do. We search past that 16year high. It looks like we could rise, once again. All down to three key points. Lets get to the biggest in ter
Foreboding. There might be something lurking around the corner. An unknown, unknown. S p dropped. 19 . Total confusion. Not much is making sense. Im not too proud. Interest rates are plummeting. We were supposed to be worried about Interest Rates getting higher. How can business be improving jobless claims be getting better, and the fed be singalgng good things. Or worse. Perhaps its something we should fear. Maybe thats the point. Maybe the boogie man we dont know. Tonight im definitely looking in the closet when i get home. This market needs a lovey blanket and a night light. Lets tick down what we know. First the mineral and mining stocks are doing incredibly well. I look at those stocks that have been in prolonged down trends. Im talking the iron company and i say, okay, theyre balancing but why . Still one more rumor perhaps of a big chinese stimulus. Isnt it time we gave that theory a rest already . Theres nothing that explains it at all. Especially when you see Interest Rates go
Sales at 10 00 eastern time. Economists are looking for sales to have risen by 9 just over the last month. Andrew, back over to you. We have Corporate News it talk about this morning. Hewlettpackard announcing it plans to cut as many as 16,000 more jobs. This is part of meg whitmans plan. The Company Posted Quarterly Earnings in line with investors. Also, take a look at gap. Gaps earnings beating the street by a penny. Revenues in line. The retailer is dealing with weak demand for its gap and Banana Republic apparel brands. They had a bit of a resurgence, nor more questions. Aeropostale warning of a betterthanexpected loss. I havent been there in a while. I hope not. Its a teen retailer. I do remember the days, abercrombie, american eagle, aeropostale. We should tell you, tivo, which i do have and like by the way, tivo shares getting a boost in extended hours trading. Earnings beating the street. Total subscribers crossed 500,000 for the first time. Thats happening more often than not
Ipo, insiders with a chance to sell after the lockup expires. The stock down almost 40 this year. Can we make a crossborder deal . Germanys buyer acquiring mercks consumer business. The president of france throws a wrench or tries to in ges plan to try to buy alstom. Can hollande convince ge to sweeten the offer . Apple trading above 600 since 2012, push for upgrades, new products incoming, are we in for a sweet spot for apple shares . A crucial morts for general moto motors. Another engineer exits. Jim says now is the time to buy. It has been a long road for shares of apple. The stock closele above the 600 mark since october of 2012, comes two weeks after apple announced the seven for one stock split, better than expected numbers and expansion of the Buyback Program from 60 billion to 90 billion. The low, 388. The high 702. Closer to the 702 at 600. I think that tim cook listed on to carl icahn, he listed on to a lot of things a lot of people were saying and distilled it and recognize