You have firstquarter earnings and more importantly you have this strategic review, an entire level of bureaucracy taken out of siemens. Four sectors becoming nine units. The healthcare care sector, speculations that will be separated just like we saw within finian. You have the turbine business from rollsroyce. A lot going on. I will be back with my interview with the ceo of little bit later. We will get back to that shortly. In paris, you are watching ahlstrom have a bidding war getting more politically more political. Conference is just about to start behind me the focus will be on whether ill strom ill strum al will put up for the 70 billion on the energy unit. Will this the Share Holders vote on the energy units in the fourth quarter. Thisl bring you this with with figures from the french finance minister in a moment. Thank you. We are watching alibaba, the chinese retailer, it filed to go public. It is the biggest ipo ever. Well have more on the story later this hour. Has loads o
A warm welcome to the program. It is 6 00 in london. We are just getting earnings from a number of engineering businesses around europe. Lets start with those numbers from siemens. A lot of news surrounding siemens. It announces its strategy review today. It has bought some Energy Assets from rollsroyce. It is involved in this battle for various assets. Lots to talk about. I have to deal with the earnings. David will deal with all of the other parts. Second quarter income from continuing operations, 1. 6 one billion euros. The analyst estimate was for a 1. 78 billion. Above last years figures. The good news for investors, the company has confirmed its forecast for the sheer of 15 earnings per share growth. T has confirmed that forecast earnings per share will be 15 . Markets remain challenging in 2014. Despite the fact that it has confirmed the growth forecast for this year, markets to remain challenging. It is a massive day for siemens. Lets talk about the companys new strategy. Lets
Deutsche bank. We have had earnings. Up aancine, wrapping conference call. He will not rule in or out any capital increases. A great deal of reporting over the week, the past week they have to were inspired billion in a new shares. Revenues were down, profit was the dow. It was a beat on the numbers. Would take a closer look. Profits were down. We will take a closer look. Months, back to microsoft. With the purchase of the phones or units. Nokia have announced that rajeev suri will be taking the helm. Much of a surprise. Ofheads a unit that has 90 nokia sales. Theyll resume and dividends. Money going back to shareholders which is 3 billion euros. A cut in their debt by 2 billion euros. What they were looking at right now. Peugeot att that of the open. We are also watching electronics. The european semiconductor. Little bit more narrow than analysts had predicted. Later this hour, we will speak to the chief executive. His first interview of the day. Down some 2 . With had a lot of earni
Yesterday byraded daily stockbrokers in scotland. Bear in mind, a lot of new capacity coming online from the flag carriers and from the discount airliners. Those are the movers in london. Equity markets are rising. That is a iraq going slightly on the back burner and ukraine stepping off the risk front. 25 , margins being as g. A. A. Sga. They are present in australia. Rising, profits are but their margins are dissipating. Up 7 10 of one percent. , they have a pretty substantial holding in a company. They are going to sell part of that holding. The range they told the market, 200250. Percent. Quote, a five thank you very much. Pence, a price was 220 lower and of the range. A lower end of the range. Know, directors might be moving on the stock. Daily mail up one percent. I will take you to the dollar index because i will be cheeky and squeeze it and. Squeeze it in. We are in a whole new mode of when the fed will begin to consider moving on their rates. The chances of a rate hike in the
Inflation leaves many wondering if president mario draghi to halt for a stock. Germanys second biggest lending beating forecasts with a 15 rise in net profits. And its all change at se seemans. Making the freshly appointed ceo vowed to return the company to growth. Ready to look forward and bring the company back to where the Company Stands for. And it is about innovation, about reliability, quality. And that is what we are going to do by exploring our Market Opportunities and then return to growth. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. Hello and a warm welcome to you. Its a busy few hours here on cnbc. On todays show, london gets its first j. Crew store. But it wont be the last. Well have the ceo first on cnbc to speak about j. Crews expansion plans at 11 20 cet. While other pcmakers are feeling the pressure, lenovo sees its profits up 13 the . Well have analysis of the earnings at 10 30 cet. And it looks like a rough road ahead