From the end of the tuesday session. Stocks are rising today. Greece, luxembourg, norway, germany, all gaining. His are the currencies gaining against the dollar. We are seeing bond yields declining. Today. Shares jumping 6 easyjet predicting a gain in prices this winter after earlier forecasting had drops to the collapse arrivals as it moved some of its capacity in its biggest market. Pretax profit the year ending september 30, back in line with the guidance given in october. The glut of seating in european markets, easyjet shares rising. Itss recommending shareholders not to accept an offer from finish utility fordham. Its is the price just over 8 billion euros does not reflect the german utilitys true value. It would be the biggest acquisition in five years, and fordhams biggest acquisition ever. It would trickle triple their adding one of europes biggest trading applications to their own activities and expanding assets into the u. K. Unit per up 7 10 of 1 . Moving on to turkey, whi
Its been anything but a strange right for the hid maker of stranger things. The stock is at an alltime haim, a whopping 64 in the past year, now with a market cap of 100 billion, the company smashing expectations. It looks like the unbreakable stock, do you just keep it simple doing keep buying . What do you do the answer is yes International Numbers are crazy. Stream looking for i think 5 million, but even domestically theyre growing. The streamers just when you think they cant grow any more here in the united states, they continue to grow it means they absolutely have a moat ive said it many times, people arent saying lets go hulu. Its all netflix and chill and everything else. Thats why people are running to get into the same business, but theyre about five years too late. I would like to report that other people, you people as you put it, you can do both or do all three. I think thats sort of the surprising thing about this whole thing. There is growth in the u. S. , even as the ot
Again today. Dow advancing 70 points and the s p climbing whats going on here . Why the heck are Money Managers leaving the very best in order to pick at the raggedy rest . When i say nobody likes these stocks i say most of the bigtime Money Managers and an acts vift that we interviewed yesterday just didnt want to go to those areas. They didnt seem to like or trust these businesses. For example, bill akreman, smart guy, made companies with restaurants and railroads, said he fears buying into businesses that could be wiped out by a disruptive competitor virtually overnight. He likes Companies Like Warren Buffett describes a business that can be taken down from the proverbial better mousetrap. The Money Managers who repeatedly year after year have gone back to the stock because theyre cheap, have given in and surrendered and theyre not able to take the pain anymore. The house of pain too hard to analyze, and you what . These Money Managers might very well be right theoretically. I think
They didnt properly log animals animals. Varney company is about to begin. Hold on news just breaking from greece euro zone finance ministers have agreed in principle to grant a threeyear bailout to greece. No movement in the stock market on this one, not at all. Its a tiny incremental step. Well bring you more on greece in a moment. That just happened. We have a record high for netflix, you can see that coming a mile off. Thats the premarket trading, its going to be up 10 . Why . Well they added more than 3 million subscribers and its clearly the stock of the year however, hold on with a runup like this you can understand the reluctance of some investors to jump in. You can understand it right, Cheryl Casone . Should they not jump in . Thats the question for everybody. Lets be honest. International growth you know where they came from new zealand and australia. They havent gone into japan portugal, italy. And theyre Getting International numbers like ive never seen so i think they wou
Welcome to countdown, i am anna edwards. It is 6 00 here in london this thursday morning. We have Many Companies reporting here in europe today. Lets get to the first of those major names, and that is the german industrial giant reporting numbers. Caroline has a breakdown for us. Caroline we are starting on a high note it would seem. The morning to you. It seems that the industrial profit is 1. 8 billion euros a month that is more than expected. They are reiterating the fouryear forecast to drive that profit up to 11 in terms of margin. They want to attain a target of 11 profit margin in the industrial business. They are seeing that being reiterated. Also confirming the forecast for at least 15 next earningspershare growth. They have a backlog of some 110 billion euros. When you look at overall sales they are coming in line. 18. 8 billion euros, that is in line for thirdQuarter Sales. An net income is a big beat. We are seeing profits being sales. They are grossing an overall industria