G7 Foreign Ministers meeting in italy look to put on a united front on syria, as turkey suggests the Syrian Government still has chemical weapons capacity. Hi everybody. Good morning. Welcome. Good morning. How are you . Very good. A lot happening in the markets today. Ton. A lot of breaking news. Well talk about dialog in a second. We want to show you what European Equity markets are doing in general. We saw a flattish open, flat to slightly lower open. Markets lower somewhere in the region of a half percent. The ftse 100 bucking the trend a little bit. That also seen in the sectors out there. You have household goods, chemicals, real estate trading higher. Banks and Technology Leading the way down. Lets also have a look at some of the best and worst performing single stocks out there. Dialog semiconductor off by a whopping 30 after Bankhaus Lampe cut its rating for the stock saying that apple will be developing its own chips. Well come to that story in a bit. Some of the tech names a
Whitbread falls to the bottom of the stoxx 600 after the costa coffee owner says it expects the consumer environment to worsen in 2017. Ericsson promises to continue with cost cuts to improve profitability as the swedish firm posts a wider loss than expected in the First Quarter. We will speak to the ceo at 11 20. Good morning, everyone. Glad youre with us on street signs. One of our main stories, lvmh and its majority shareholder, arnault, are set to completely take over the Christian Dior brand. Claire is at the lvmh press conference in paris. I cant get over this 12 billion euro deal. When looking at history and how Christian Dior started selling sketches for pence back in the 20s. Yes. And this is a move that is appreciated by the market. You were talking about the performance of the stock, because it has been requesting that lvmh simplify its capital structure for a while so in a move to do that, the number one luxury Group Announced a public offer by the arnault family on Christi
Compared to a year ago for the third time in a row. Apple did Beat Estimates on the top and the bottom lines, thanks to betterthanexpected iphone sales. Looking ahead, tim cook says apple is returning to growth, issued a bullish Holiday Outlook and commented on the companys product pipeline, including autos. Take a listen. Were always looking at new things, and the car space in general is an area that its clear that theres a lot of technologies that will either become available or will be able to revolutionize the car experience. So, its interesting from that point of view, but certainly nothing to announce today. All right, so, jason, is he being unfairly criticized by the do i have to wake up . Is it tim cook speaking again . Its like your uncle putting you to sleep every time. He says so much of nothing when he speaks. Listen, you want to talk about the cars or the phone first . Lets do the phone. I think we need to touch on the phone. Yeah, because the phone, obviously, we all know
Market and we saw the s p turned negative again for the year. Julie sort of bouncing around a bit today. Turning negative for the year once again. It looks like investors are looking ahead to the fed minutes this afternoon. They want more information on the thats next move and in waiting for the ash on the feds next move on the feds next move. The s p and our remain in the red today. And dow remain in the red today. The bestperforming group today as we see an increase in estimates for the fed to raise rates or moving. Orward of those estimates financials have been benefiting from that kind of you. Technology, relatively strong. Drop in Consumer Staples as well as Utility Telecom and discretionary. Target is part of the story today. Another retailer disappointing. Earningspershare actually beating estimates put sales weakening. Comparable sales up 1. 2 . One point 6 is what was estimated by analysts in the company Ceo Brian Cornell saying it is an increasingly volatile consumer environm
Coup. T into the failed claire we start with the shooting in the city of fort myers, in florida. Officials say at least two people have been killed, up to 17 injured, this outside a nightclub called club blue called club blu. There is Douglas Hanks. Douglas this is a shooting that happened outside the nightclub. Dead, 14e are reported injured, and there was miter shooting there was minor shooting after. There was a police chase of some sort, and that resulted in a firefight. The deadlyr shooting was outside the nightclub. There are reports of 18 Party Happening there, and we all know the identity we do not know the identity of the shooter. Claire the shooting is coming in month and a half after a nightclub shooting in orlando, the worst in history. Douglas that is the sad part. We have to out why this person opened fire inside a nightclub. Nightclubs can be volatile places. This is the place where you do see gun violence. Patrons bringing in guns to a nightclub is a Common Security con