The nasdaq up marginal ly. Volume higher than a 20 day average which tends to happen on days where the market tends to move up slightly or state p stand pat, you see lower than average volume. It is when you have drawdowns that activity tends to be more active than usual. Romaine and keep in mind with the s p in the red, part of that was pulled down by fedex. I think we are waiting on micron earnings as well, which i believe is just crossing the wire. Quarter micron first . 48 versus the estimate of . 47. The bottom line indicating a beat. In terms of how the share prices moving, do we have an after hours trading . Romaine down about 1 . Scarlet we dont have a lot of numbers here to work with. First quarter net is 491 m illion, according to the release, and adjusted revenue of 5. 14 billion, topping the estimate of 5 million. Cash flow 2. 01 billion. Stock not moving very much at this point. Joe also bear in mind we see adjusted Gross Margins beating 27. 3 versus 20. 8 . Another one of
Fbi, the investigation done by the Senate Intelligence committee will continue on its current course as aggressively as we are able to do we continue to hold interviews. Mark the cochair of virginia told reporters today that the white house is not taking the investigation into russia and the election seriously. Russia is urging the u. S. To accept an iranian role in the safe zone plan. Russia also was the u. S. To help enforce the ceasefire and the deescalation zones. Russia passes middle east envoy says u. S. And iran need to show compromise and flexibility to help end the civil war. Global news global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. I am mark crumpton. This is bloomberg. Julie scarlet im scarlet fu. Joe i am joe weisenthal. U. S. Stocks trading slightly lower. Joe the question is, what did you miss . Scarlet americans are been any spartan stores. Department stores. Results at the close. Could the lending crisis spread
While maintaining the price of Economic Growth . This is bloomberg surveillance. Im mark barton. We have headlines from the ecb. It says debt sustainability concerns have risen in the last six months amid a potential increase in yields. The ecb says risks to Financial Security stemming from Financial Markets remains significant, mainly because of the possibility of a rapid repricing in Global Fixed Income markets. It says an abrupt repricing could materialize because of spillovers from high yields in advanced economies, in particular te advanced economies, in particular the United States. The fed has raised rates twice since last year and policymakers are predicting two more in 2017. Unconventional stimuli are moving close, the officials caution that in the light of inflation and Global Economic risks, qe must be unwound gradually before higher borrowing costs should be discussed. We will speak with matt miller about this. A quick look at the markets today. The stoxx 600 is up by 1 5 o
Playinglls a hostile is and fighter jets if it was claimed in addition to produce in exercises. North korea increased its opposition in south korea. Global news 24 hours a day powered by more than 2600 journalists and analysts in 120 countries. This is bloomberg. Live from bloomberg bloombergs will hike in new york, im scarlet fu. Joe i am joe weisenthal. Matt i am matt miller. Scarlet Jabil Circuit case for connotative monitoring policy. Matt at a speech in new york, vice chair Stanley Fischer said Government Policies can hardly counteract the impact of the games that could be holding back u. S. Economy and weighing on Interest Rates. Tugofwar been in a lately over whether the company and continue to add subscribers or if it has hit a wall. Bank of America Today reporting its best Third Quarter for fixed income trading in five years, labonte trading revenue continue to be a bright spot for Goldman Sachs tomorrow. Scarlet lets look at where the major indexes stand. We are still down bu
With oil. Opec ministers are trying to salvage an agreement on production cuts as saudi officials are conceding they may not get a deal at wednesdays meeting in vienna. Crude now falling below 46 a barrel. Francois fillon clinched the French Republican nomination in a landslide victory. Everyone agrees that they spent less money and more time online. 20 overe sales are up last year. That is what you need to know at this hour. Julie . Julie a editor for energy and commodities joins us. , there have been these bouncing headlines around on not only the opec numbers themselves , but also on russia. What is the latest in terms of progress here . There are a couple of things going on today. And Venezuelan Oil ministers are flying to moscow, where they will attempt to persuade the russian government that they should also join in this deal as the largest producer outside opec and cut action. So for the russians have only offered to cap entries production. The most important intervention we hav