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
And you can see we are up ever so slightly in france and generally across the board for the major european markets. The tenyear note yield yesterday crept above 2. 5. And this morning is hanging right in there at 2. 53. You can see crude oil also up a little less than 1 . Lets get to our roadmap this morning. And it starts with debating the dow 20,000. Is it behind us . And were going to drill down into the dow 30 stocks. Well have more on caterpillar, dupont, j. P. Morgan, goldman. Yeah, i know, dont look at me like that. Who knew . Man, ive been up since 3 30, im ready to go. Whats wrong with you . Youre slacking. Another busy day for earnings, ford, fiat, comcast and interview with Andrew Liveris on his recent meetings in the white house. Speaking of dow, Johnson Johnson makes a 30 billion cash acquisition this morning. Its actilion. A large cross border deal and we will take a closer look at it as we should. Could it be a faber . I think the whole show today is kind of my reporting
72 . Investors regain postbrexit composure, Federal Reserve strikes an optimistic tone. Will the fed hike in 2016 . We speak to the ceos of Anglo American. They are coming up over the next hour. Caroline german sports good maker is raising its forecast. We have a flurry of earnings. Adidas coming out saying 2016 net continued operations will be up 35 to 39 . Well ahead of the 25 growth seen previously. Upping their forecast, secondquarter sales;ow sales uparter group 21 on ethics adjusted basis. This is an upgrade from the secondbiggest sports maker in the world as nike is clearly been making inroads into china. Well see how much we can see a turnaround in adidas. Lets have a look at how the futures market is spiking itself up for the market opened. Pretty lackluster after the Federal Reserve yesterday, we are seeing the futures market flat at the moment. This is your assets. This is the futures market currently, flat. A little bit of profit taking after the Federal Reserve seems to be
Cfo laterar from the on around noon. Jon i will break all of that down. Mode at the fed. The central bank opened the door to change in its Economic Outlook. Is a march hike off the table . Deutsche bank reports a revenue loss. We will speak to the cfo later today. And the Largest Social Network post another quarter of revenue. Guy a busy morning around europe. He is caroline hyde. Hasline Deutsche Bank reported a fourthquarter loss at its Investment Bank as revenue at each of its businesses fell. They posted in that loss of 56 billion euros since 2013. Do not miss our interview with the Deutsche Bank cfo at noon u. K. Time. Says bondnley investors should favor longterm securities after the fed acknowledged there are risks for the Global Economy. Long data bonds stand to benefit most. Facebook shares soared in extended trade. Beathquarter Sales Estimates almost 1. 6 billion users every month. About 80 of revenue came from mobile devices and facebook continues to sell more targeted ads a
Caroline welcome to c ountdown, i am caroline hyde. Why he backs the takeover did. Bid. Manus airlines are adapting new rules in the wake of the german wings crash. Caroline. the french prosecutor suggested the pilot was locked out of the cockpit. Manus under the regulations already in place, a commercial pilot cannot be left alone in the cockpit. Easyjet, air canada and Norwegian Air are among the carriers confirming they will amend their procedures. Caroline its go to bloombergs aviation correspondent. Tell us more about this to any cockpit rule that resides in the u. S. After 9 11, there were so many rules about 9 11 and they made a firm rule anytime one pilot stepped out, a Flight Attendant had to step in to make sure they were two people in the cockpit. Part of that were if the first were to fall sick, the Flight Attendant could warn the other. It is not just about terrorism. In europe, the lots are different. It is left to each country and airline in europe to decide how they wan