Mark we are under 30 minutes away from the end of the first day session. Global movers is your function. We had a soaring of assets during the mario draghi q a or during the testimony because initially he said we did not discuss tapering or extending, but that that pushed the euro reversend then the happened when he set an abrupt unlikely,chases is suggesting the box program will be extended when it comes to its conclusion in march 2017. Stocks are rising. By half of 1 , the lowest level since march. These are the bond yields. German 10 year yields falling. It is rising in some of the periphery nations. Busy day today. I want to get to nestle, the worlds biggest food company. It cut its forecast. Shares down by eight cents of 1 . 1 . 0 o 10 of thirdquarter revenues missed analyst estimates. Shares are 5. 6 lower, draghi down by the loss of several north American Media accounts in the last year. Among the big losers in europe today, the worlds secondbiggest distiller shares up by 1. 2 t
Americas michael moynahan, and michael dell. Consumers are spending and we feel good about the u. S. Ofweve see plenty opportunity organically to consolidate. Its all straight ahead on bloomberg best. Hello and welcome. Bloomberg best, your mosty review of the important Business News and analysis from around the world. Several investment banks released earnings this week and with the sector coming off a string of lackluster quarters, investors watched anxiously as bank of america reported on monday. Bank of america in the spotlight reporting earnings that Beat Estimates. Revenue from their fixed income trading business was also better onn expected, up by 39 year year. You saw them post betterthanexpected bondtreating revenue, similar citi,t you saw at jpm and but given that they are not as big in the macro products which were such a hit in the corner, this was may be a surprise to the upside given the results. Is it turned around for banks . We are seeing a pattern. They were out of th
Americas michael moynahan, and michael dell. Consumers are spending and we feel good about the u. S. Ofweve see plenty opportunity organically to consolidate. Its all straight ahead on bloomberg best. Hello and welcome. Bloomberg best, your mosty review of the important Business News and analysis from around the world. Several investment banks released earnings this week and with the sector coming off a string of lackluster quarters, investors watched anxiously as bank of america reported on monday. Bank of america in the spotlight reporting earnings that Beat Estimates. Revenue from their fixed income trading business was also better onn expected, up by 39 year year. You saw them post betterthanexpected bondtreating revenue, similar citi,t you saw at jpm and but given that they are not as big in the macro products which were such a hit in the corner, this was may be a surprise to the upside given the results. Is it turned around for banks . We are seeing a pattern. They were out of th
Lets not reregulate the banks and great barriers to the free flow of capital. Consumers are spending and we feel good about the u. S. Weve see plenty of opportunity organically to consolidate. Its all straight ahead on bloomberg best. Hello and welcome. This is bloomberg best, your weekly review of the most important Business News and analysis from around the world. Several investment banks released earnings this week and with the sector coming off a string of lackluster quarters, investors watched anxiously as bank of america reported on monday. Bank of america in the spotlight reporting earnings that beat estimates. Profit rising over 7 . Revenue from their fixed income trading business was also better than expected, up by 39 year on year. You saw them post betterthanexpected bond trading revenue, similar to what you saw at jpm and citi, i think it is a good news story given that they are not as big , in the macro products which were such a hit in the corner, this was may be a surpri
Lets not reregulate the banks and great barriers to the free flow of capital. Consumers are spending and we feel good about the u. S. Weve see plenty of opportunity organically to consolidate. Its all straight ahead on bloomberg best. Hello and welcome. This is bloomberg best, your weekly review of the most important Business News and analysis from around the world. Several investment banks released earnings this week and with the sector coming off a string of lackluster quarters, investors watched anxiously as bank of america reported on monday. Bank of america in the spotlight reporting earnings that beat estimates. Profit rising over 7 . Revenue from their fixed income trading business was also better than expected, up by 39 year on year. You saw them post betterthanexpected bond trading revenue, similar to what you saw at jpm and citi, i think it is a good news story given that they are not as big , in the macro products which were such a hit in the corner, this was may be a surpri