Primary race and michael europes largest mobil operator bloomberg gains ground saying he looks to complete the will sell his company if elected president. Sprint tmobile merger shares fly high in the merger group Bernie Sanders leads in the we are watching uk data closely. Democratic primary race. Michael bloomberg gains ground saying he will sell his company let me bring the numbers to you. If elected president. The number year and year has come at 1. 8 versus expectations. Core numbers of food, energy, alcohol and tobacco came in at good morning you can see a lot more green on minus 0. 6 that is 1. 6 yearandyear the board food more optimism the measure that includes the handing through the Catalyst Housing kpoenents has come in overnight was a drop in the reported number of coronavirus cases. 2. 7 versus 2. 6 and x energy. Notably yesterday after apple warned they were not going to they have come in better than meet revenue prices. Expectations in terms of Health Prices, they it had
The Federal Reserve comes out with its Monetary Policy tomorrow. What about september . We are still focusing on the selloff when it comes across the board to commodities. A little bit of a rebound in copper. Worries about supply. U. S. Still going up the ante. They have pushed rent into a bear market. What does it mean for the oil majors . It means bp profits are down. Lets have a look at how the stock is performing. The third Biggest Oil Producer profit tumbling. Weaker than expected production. This really shocked the analysts. On the upside, they are raising the forecast for profits. Analysts calling this an excellent set of numbers. Advertising growth in line. It is going to do even better in the third quarter. Itv driving higher. M a is taking over today. We have so Many Companies to keep an eye on. This is interesting. It is generic once again. Today it is a smaller price tag. It is a Jordanian Company looking to buy the u. S. Asset. 2. 65 billion. Keep an eye on these stocks. Z
Meeting here in oakland we heard from the victim of a recent mob style robbery who urged bart officials to make safety a top priority. Its saddening right now to not see more proactive work going on by bart as a whole to improve what is your rider ship. You can see that going down and part of that i have to believe is because of the safety issues and the lack of protective measures that are taken right now for the riding public. Reporter thats rusty, one of the speakers at todays meeting that was focused on safety. This was the bart board of Directors Committee focused on safety. Now he said he was attacked and robbed back in april when a group of more than 50 young people stormed a train, stealing purses, bags and cell knowns from a number of passengers. He called on bart to release video of the crime. Bart is still weighing whether to make it public. Bart hired a police chief. He told the board that his department has deployed a robbery Enforcement Team focusing on certain hot spots
Financial position of our company it is a noncash event. Janet yellen says theres a live possibility of a december rate hike as the french bank has offset volatility around central bank policy. Based on the monetary policies regarding the fed, ecb i remain overall positive for 2016 in particular for the europe and equity asset class and especially if, as we think, we see a further improvement of the economy. British oil and gas Services Firm amec loses a fifth of its value after slashing its dividend and increasing its cost cutting. Good to have you with us today. Lets kick off the program on break news on Monetary Policy since we have been listening in closely to janet yellen and her testimony on capitol hill yesterday. Norway which surprised holding steady. So the norwegian Central Banks and key policy rate is unchanged or holding at three quarters of 1 . Last time around they surprised the market by cutting Interest Rates. What are we looking at . Strengthening back on the back of t
We had better than estimated Economic Data this morning. Largely, inflation getting closer to the feds target of 2 . With saw Industrial Production overall falling, that manufacturing zynga first gain in three months. Overall, the Economic Data was a little bit better. We have the sectors on the move and this sort of push off and pull with utilities dragging things down. Health care and Consumer Discretionary helping to support gain spirit, not it is our of the story. The weight from energy and copper worth mentioning. Copper prices at a sixyear low. Gold is trading lower today. Crude oil falling by 1. 5 after gaining yesterday and ahead of tomorrows inventory report. That is the drag we are seeing on the markets. Betty but retailers are holding off, arent they . Julie yeah, and that is why Consumer Discretionary is one of the better performing groups. Walmart is a big part of that. Betty is going to talk with Shannon Pettypiece in a moment about those walmart numbers. Shares are risin