Cautious outlook. The ceo tells the program hes bullish on new Product Launches. Two new products ss launches. That is going to be very important for the future. And welcome to the show. Were just getting numbers breaking out net loss of 4. 6 million euros. Compared to reuters for a net profit of 6. 9 euros. A significant miss. They plan to keep the dividend at 50 Cents Per Share. Consensus expected an increase to 62 Cents Per Share according to reuters. Theyre saying they expect more paying coming from volatile currencies moving forward. Well be giving you a full run down of the numbers tomorrow when we have an interview with the puma ceo. Thats coming up on squawk box tomorrow, as you can see, shares down about 1. 5 so far in frankfurt today. Lets move on and have a look at the greek market at the open. Its down. Its down around about 3 1 2 so far today. This does however, follow the best return since march 1998. Greece is up 23 over the last two weeks and under some of that reform t
One week from today. And the number one issue on the minds of voters is the economy. That tells you that Many Americans dont feel financially secure several years into a sluggish economic recovery. They are anxious about money. Thats even though both the job and the Housing Markets have recovered a lot of ground. Ill talk about the Housing Market with robert schiller, nobel winner. Ill start with the broader economy and the mood of consumer and businesses. Businesses today we learnt that order for durable goods fell 1. 3 in september. From august, when they declined from the month before. Goods, machinery, cars, airplanes, things built to last for three years this decline is a sign that companies are not feeling confident enough to ramp up their suspending and investment. In a moment im going to talk to an economist who says one of the biggest disappointments in the referry is business investment. He explains why he thinks that will change in the months ahead. Here is the good news. Co