The moment, cac 40 down, ftse off by just under 2 10 of 1 , still waiting for the dax to open. We are not seeing that optimism we were seeing in the markets yesterday at the moment. I want to show you the main stocks we are watching, starting with siemens. Fourthquarter profit was a beat, and what we heard is that the company will raise the dividend, also announcing its second Share Buyback since the ceo took the helm two years ago, as he expects no broken 2016 Profit Margins. Rollsroyce we arent seeing in move yet, but profit this year will be at the lower end of the range than forecast because of additional headwinds in the aerospace and marine market. Sharply weaker demand is forecast. Finally, burberry this was a profit the firsthalf after the company had been cutting cost, because the challenge it has been facing mainly in china. That led it to have this profit warning last month, shares dropping the most in three years. We see them up a bit today on that beat and the news about t
Are the most correlated since 2013. This proves it because we pretty much followed at the moves in the oil price today. We have shrugged off what happened in china earlier. The shanghai composite shrunk by 6. 4 , to the lowest level since december, 2014. This is one of europes best ans,rming stocks, ziem shares have risen the most in seven years after it raised its profit outlook. It was an unexpected move and it highlights the confidence that joe kaiser has in the ability of his company which makes gas turbines and medical scanners it highlights. The ability to rise out the economic downturn in china and ride out the dropping oil prices as well. It was up by 8. 3 today. Matt it competes with phillips to provide a number of products including health care products. Up by 5 , company that focuses on health care and is big on medical scanners. It is focusing on health care and spinning off its Licensing Division. Fourthquarter profit Beat Estimates today because of growth in medical equip
We will look at laserbased technology that can fight terrorism. Haul, low cost long wilner we generic succeed where others have failed will Norwegian Air succeed where others have failed . I will speak to that siemens ceo in frankfurt. I asked him about the failed bid. Serious were you about wanting to buy alstom . Were you trying to throw ge off . From the very beginning, i was very serious. Does that mean you seriously wanted to acquire alstom . We were considering all of our options. We took one step at a time. Outcome as ae the victory or were you disappointed . Looked very hard at it and we came back with a proposal. Deal with the train business still in play . No, i do not think so. It takes a lot of time to make a meaningful outcome. It takes a great partnership. The party is not willing to partner. A train deal is off the table for now. He thinks the bid was well worth his time. Make moreced ge to concessions. Ge is doing with the french government as a 20 stakeholder. I also s
Either in northeastern u. S. And prepare for emergency. We have several hundred National Guard and will be stationed in new york city and long island area primarily. Welcome to countdown. I am mark barton. I am anna edwards. I am manus cranny. A warm welcome. We will be speaking to the new ceo following the companys firstquarter results breaking right now. We will be speaking to the philips ceo for his first interview of the morning. And their earnings are coming fast. Just into the bloomberg terminal. First quarter matched analysts estimates. Upset by gains in other divisions. Profit from socalled industrial operations fail 4. 1 to four point 8 billion euros and that matched the average estimate of six analysts. While some divisions provide at the live performance, Health Care Needs to step up is efforts and need a more comprehensive concept to return to historical margins longerterm. Kaiser has been expanding fossil fuel extraction and Energy Supply operations since taking the reins
And the fall in oil weighing on siemens earnings but the ceo expects benefits from cheaper cool. Emerging economies in india will massively benefit with a much lesser oil price bill and that will go straight to the infrastructure build up. And facebook and a number of other social media sites suffer a global outage with Hacking Group lizard squad claiming credit for the attack. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Blizzard conditions shutdown new york city and much of the u. S. Effecting millions of americans but it may not live up to the hype as one of the worst ever. Forecasters said it could dump 1 to 3 feet of snow from new york to boston but now downgraded the totals. Still high winds prompted several days to ban cars on the road and halt public transit. More than 4500 flights are cancelled today but its business as usual for the markets. You know, when we talk about the impact that this will have on new york city, this is new york c