Anna flights over france are cut at a plant air Traffic Controller strike that could affect aircraft space for r 48 hours. Mark welcome to countdown. I am mark barton. Investors pushing to a fresh sevenyear high today and trading from mainland investors are growing to a record. The surging chinese tech scares tech shares is making the day of the. Com bubble look mild. We will bring you the latest in just a couple of minutes. First up, oil here in europe today and what could be the biggest deal in more than a decade or the Energy Sector. Shell makes a 46 billion pound approach for gas producer bg group. Caroline, you have more on this possible deal. Hi caroline as you said, this could be the industrys biggest deal for a decade. This could create the secondbiggest Energy Producer in the world. It would be behind just exxon leaping over chevron in terms of size. And in fact, it could be the biggest gas producer in the entire world. These are the statistics that we are looking at, and as y
At 2. 664 and europe is back to work and largely mixed. Our road map, the jobs number, payrolls above consensus. The Unemployment Rate dives to the 5. 5 year low. Watch the participation, rate, wages, more americans drop out of the work force in april. Pfizer raising its bid to try to buy astrazeneca. Astrazeneca says a few hours later no thank you. Astrazeneca shares trading below the offer price. Pfizer may need to raise a bit more. Were going to have a lot more. Upbeat morning for internet stocks. Linkedin, open table, expedia beat. A miss for chevron, profit dropping 27 on lower production. J. Crew going budget friendly. Can cheaper sweaters boost sales without diluting the brand . First up, though, lets tackle the jobs number, 288. The Unemployment Rate at 6. 3 , thats the lowest since 2008. People are wondering how this is possible, though, with the labor force decline like we had, jim. 62. 8 is the lowest since december of 2013. Yeah. Look, these are hard to rationalize. The 6.
Carl icahn made comments about apple also. He said im not interested in having a fight with apple but also not interested in walking away. Translation, there will be a fight. The nasdaq down 37 points. Apple, one of the reason. Down about a percent on the session. 3949 on nasdaq. S p 500 pulling back from the alltime high reached on friday to 1791. What a way to start the week. Milestone for dow. Close to milestone for s p 500. Only to see them slip away in the final hour. Dow closing at another record nonetheless. Bob pisani blame it on carl icahn . Yeah, a good part of it. One of the issues when markets are at historic highs, market names can move things. Two market things moved things. Mr. Icahn, cautious on equities. That cost 70 points in the dow. The bigger damage was in the high beta names. Take a look, Linkedin Facebook zillow. Ron was talking about social media. Another group thats got a lot of momentum this year not necessarily high beta but the oil names, e p names have had
We are live from bloomberg headquarters in london. I am all on my own today. I am guy johnson. Good morning. Guiltyplanning to plead to and a criminal investigation into u. S. Sanctions violations read it is also expected to unveil details of an 8. 9 billion fine. The french bank will be able to handle the penalty. Caroline is in paris with the details. Walk us through the rest of the day. Good morning. Weyou were mentioning, expect frances largest bank to plead guilty to u. S. Criminal charges today. The u. S. Department of justice should announce the details later in the afternoon in washington. According to the financial times, the board of bnp paribas met over the weekend to approve nearly 9 billion fine. According to the french news channel, the ceo of bnp paribas the employeesto of bnp paribas, warning them that mistakes were made and that they will be sanctioned heavily. One of the reasons for the size of the fine, according to bloomberg sources, is that bnp paribas did not full
Was the yacht club parking lot, this flooding is really starting to take in, the wind is starting to pick up too. 20 minutes ago i read on the National Hurricane Center Website this storm is moving at 3 miles per hour, 75 miles east southeast of the mississippi, keep in mind even though this storm did we can it is still expected to be a very dangerous storm with the flooding, the storm surge, all of that, in the gulf, they said hurricane center, National Hurricane center also said did not discredit the fact that we can. It does have the potential to pick back up in the strength, listen to what the mayor of mobile, alabama had to say . It is expected to be a tremendous amount of flooding associated with this storm. Anyone in a lowlying area should make preparations to get out soon. Reporter obviously the Biggest Issue with this storm since it is moving so incredibly slow is the potential for the deadly flooding so keep that in mind if youre in this area. The police i have spoken to said