For revenue growth. In samsung and unveiled their new lineup. We take a look at these new devices. There seems to be no end in sight over concerns about the coronavirus. Death toll has jumped after Hubei Province revised its death toll. Quarantinedve been in yokohama, japan and the National Energy agency warned Global Demand for oil will drop. The allen and i spoke with chief Market Strategist at trustmark Global Investment on thursday. We are always watching headlines but one thing we tell our clients is we want to look through the headlines when it investments. But daytoday, yes, the virus has caused volatility. We saw that a little bit. Submarkets come back and gain a percent of what they lost earlier. A lot of that is because the increase in cases was do to a case of methodology and so it included a lot of people who already have the virus. Selloff andwe had a we saw that come back throughout the day. But yes, coronavirus is driving the headlines now and battling some of the more f
Day. Thet issues and trade, ongoing battle between the u. S. And potential cyber warfare. Here in california. A lot of people commute. It is a feeling our colleagues in asia have been living with for weeks. How are markets opening up over there . Paul some unambiguous signals. New zealand has been open for an 2. 5 , aready off by move down of similar magnitude for futures in australia. 4. 5 , theures are off kospi weaker as well. We continue to see strength in the japanese yen. A lot of data coming out of japan today, retail sales, tokyo cpi, both of those contracting, even before the coronavirus outbreak. Take a look at the yields, big move down. Of at a fresh record low. 83. Global stocks plunging to fourmonth lows, u. S. Equities falling the most since august 2011 as anxiety over the coronavirus deepens. Lets get to Abigail Doolittle in new york. A lot of red. And id be on the close. Averages all down more than 4 , there was a rebound rally attempt. Turned briefly higher, but that i
You must be 68 because im 66 thats tom cruise talking ive been told we have to interrupt this briefly to get to walmart numbers which have just crossed. Walmart is out with Fourth Quarter and full year earnings 1. 38 adjusted versus estimate of 1. 43 141. 67 billion. Analysts expecting 142. 488 billion. The majority of stores in chile have been disrupted and some totally destroyed. Theyll be holding an investor day discussing this more in depth. Shares are down 2 in early going. In u. S. Comparable growth streak does continue 1. 9 also below analyst expectation of 2. 3 for the quarter. U. S. E commerce net sales grew 35 . Coming year expectations to grow at least 30 speaking with the cfo, quote, the quarter started off and ended strong despite softness in some categories like media and gaming on the coronavirus, they are monstering the situation and focused on the safety and wellbeing of customers and associates he says sales are still okay the fear is mixed towards food walmart is not
Decision tomorrow. Ok cutting rates during the sars outbreak. Stimuluspecting fiscal measures out of south korea, not to mention a hong kong budget so lets get a check of the markets with our cross assets reporter. Downading at session lows, 1. 9 . The nikkei two to five bringing yeartodate losses to more than 6 . Beensi 300 stocks have paring some of the losses, but still down. Hong kong done more than 1 . Fluctuation in 0. 25 . Ow up 0. 5 i want to look closer at the technicals when it comes to the nikkei 225. When you are in a deep selloff, when does it end . Can bees moving averages looked at as Technical Levels of support. It already dropped to the 50day and 100day moving averages. Moving average currently holding, bouncing off that level. We will see if we can close above it. If not, it could portend a super selloff. Lets get more Market Reaction in korea. David ingles is in hong kong. What stands out to you . On top of the price declines in the south korean won , for example, we
Looks to defend against political unrest and the coronavirus. The main feature is a oneoff cash payment. Manus breaking news from one of the worlds biggest miners. The rio tinto, underlying 22. 2 billion, a beat on the market estimate. The underlying profit, the core number is also a beat, 10. 37 atlion on a number estimated 10. 2. In terms of dividends, 6. 2 billion, they are pledging zero emissions by 2015. On the capex, they say they will spend 5. 49. They will report a final ordinary dividend of 3. 7 billion. Those are the top line numbers as we got iron ore grumbling for a Third Straight day. Market, soe in that in terms of the rest of the dividends, it is going to be that that really drives the market this morning. Hes got some numbers from ed echo. What weve got is a 600 million Share Buyback announcement and the fouryear Dividend Per Share coming in at 2. 5 job 2. 5 swiss francs. Share buybackion is something to note. Adecco is unlikely to buck a negative staffing trend so we w