Its been the worst performing stock in the dow for the last two years and its underperforming the index so far in 2015. Well talk to an ibm analyst later this hour and dont miss the ceo on cnbc talking about everything that had gone on during the presentation. The senate is set to vote today on a 40 billion spending bill aimed at preventing a partial shutdown of the department of homeland securitys funding because it will expire at midnight on friday if congress doesnt take action. Take a look at a couple of stocks to watch this morning. Salesforce is raising its revenue forecast pointing to demand for its Cloud Based Software and services. Workday results were in line with estimates and theyre giving upbeat revenue guidance. Earnings in revenue beating the street but the Parent Company of victorias secret offer light Current Quarter Profit Guidance and as a result the stock is trading low they are mork. Lets get a check on the markets this morning. Yesterday the markets were essential
Lessons in iraq. We will give him some tough questions versus some of the wet kisses out there. Top headlines. Good morning. Investigators hoping the fatal amtrak crash investigators want to know why the train was going so crash. The crash killed seven and entered more than 200. The ntsb has determined the train was traveling twice as fast as it could have been. The authorized speed through the curve was 50 miles per hour. When the engineer induced brake application the train was traveling at approximately 106 miles per hour. The ntsb says the accident cut off been prevented if the track had been equipped with automatic braking technology. That is already on most of the line between washington and boston. Amtrak service is still suspended, no word on when it will be restored. President obama is meeting at camp david with the leaders of six persian gulf nations. They will try to work out disagreements caused by u. S. Negotiations with iran. Saudi Arabias King Salman will not be there, h
On sale. It says 62 of buyers purchased the less expensive sport model which started 349. Weve been talking to analysts in the last half hour about all of this. We may get numbers from apple themselves. In global news, chinas exports charge dropping a larger than expected last month. Stocks in china rallied today as the weak data added to expectations that the government will unveil more stimulus moves and speaking of china the world bank is trimming its growth forecast for the developing east asia citing a continued chinese slowdown. Activist Investor Jana Partners is urging qualcom to consider a break up. Jana wants the company to look at spinning off its chip unit from its patent licensing business. Jana is one of qualcoms largest shareholders. And symantec has been looking for buyers for its Storage Software business. Reuters says an interest from an potential enquirer has been limited because of a tax burden associated with splitting company. U. P. S. Plans to invest more than a b
Bloomberg reporters are standing by across the world. David english is in hong kong. Ryan is taking a business minded look at sochi in 2014. Hans nichols is in her lynn. Berlin. Caroline hyde is watching linkedin. Drove the earnings stock down as much as 15 after hours. Stay with bloomberg today for a host of news. We will look at the competitiveness of germany with the head of the german chemical and drug Company Merck. Earnings from norways biggest oil and gas producer just breaking. In the next hour, we will sit down with the ceo of that business. Interview with nick candy. He says the lending the London Luxury proper Market Property market is swamped. The sochi olympics are being called the most connected games ever. Up region is ready to handle to one hundred 20,000 mobile devices at one time. 120,000 mobile devices at one time. That is coming up in the next hour. We are just getting those earnings now. They reported 11 million norwegian krone 11 billion norwegian krone. They say
Officer. This is like aerial combat. It is about advantage. And all advantage is fleeting bloomberge from here you are never permanently European Headquarters in london. Defended here you are never this is what we are talking about. Breaking news on the ecbs omt. Permanently successful on the offense. It is all a tail chase. But you can make yourself are they will ask the Top German Court for device on it. Less likely to be a successful this just crossed bloomberg target. Look, i understand the turner will terminal about 10 chancellor sensitivity but let me tell you what we did to our president when he was minutes ago. The Constitutional Court has president elect. The senator was wedded to that sent omt, the unlimited bond blackberry. Buying plan at the ecb, to the president elect, European Court of justice. They say the ecb program may the Security Services said, we cannot do that. Overstep limits. The blackberry is unsecured . They are more secure than let me take you back a few said