Market bets. And the loser is price waterer house cooper apologize for their oscar mistake as la la land is accidently announced as the winner in a spectacularer best picture mix up. Lets get back to our top story. Al shares in deutsche exchanges deal appears in danger of collapsing, this after the British Group said the European Commissions was unlikely to approve the deal. But why . Here from frankfort to talk us through the latest developments. Reporter the latest is that lsu is dejected to divest a part of the italian business which the e. U. Commission is demanding. The lsu putting out a statement saying they couldnt comply with the latest demand from brussels. This would actually not go through the regulatory business in italy and also that wouldnt really help their extending in italy. So thats exactly where we are now, that brussels is demanding further action from the lsu where the lse is not complying. I was hearing from sources close to douch berger that they could comply wit
Assets for more than 7 billion. Record u. S. Stockpiles send oil sliding. Jamiemorgans ceo dimon speaks weve Francine Lacqua speaks with Francine Lacqua later today. We are focusing on Donald Trumps first hundred days in office, brexit, and global banking. That conversation, coming up at 12 45 p. M. U. K. Time. Matt so, right about the time that the ecb releases its statement. You are not expecting a policy change, according to be economists we have surveyed. What we are expecting is an increase in the ecbs inflation forecast, 1. 7 this year from 1. 3 . The key is, guy, that we look at this headline number of 2 in europe. It is the core number that the ecb is more concerned about. That is less than 1 . It is because of the transitory nature of oil prices and you saw that yesterday in the 5 drop. They are focused on unemployment, which is high outside of the ecb headquarters in germany, where it is at a low. Guy matt, i am going to argue with you about this core. Look at what the output
Tillerson calls the u. S. Military strikes a message to nations including north korea, as he touches down for the g7 meeting. Shares of stada soars. And the urt gets a boost after the adviser sends a letter to investors calling for the miners to stop the Core Drilling structure and spin off of the business. Good morning, everybody. Welcome to street signs. I thought i was being smart is this morning. I looked at the markets when they initially opened. Completely flat, a bit of red, a bit of green. And now theres more red. More red . It there is, yeah. A bit more red. Smaller markets just hanging on it to that spot of optimism, by and large, more negative within the last hour of trade. And european markets reflecting exactly that. Keeping in mind we have the much anticipated payroll figure on friday. Maybe its a wait and see scenario on this mornings Early Morning trade. When it comes to the sectors, reflecting what weve seen on screen, the oil and fuel and beverages, basically higher b
We talked about the debates on the markets. Lets go straight to the market desk where matt miller has the latest. Matt we are a half hour in and down across the board. Check out the major indexes, a little half percent of the dow jones, more than 100 points the drop. Yesterday we had the best performance from the major equity indexes in two months. This is a little bit of a reverse bound. 2075. Wn 0. 4 , if you look at the map, and i have it in the bloomberg terminal, you can see nine out of 10 Industry Groups are down right now. The only gainer and really unchanged, consumer mark it is on my touchscreen actually. Matt bismarck talking to me . Turn off your microphone. Consumer discretionary, the biggest losers. Let me tell you what happened at disney. Disney mr. Earnings for the first time in missed earnings for the first time in five years, the first in 20 quarters. Earnings down, real concern about retailers, espn earnings and revenue. Actually espn earnings up a little bit because
Earnings certainly the big driver. Joe ultimately, weve had these individual stock stories like facebook and apple, but this is a very quiet market. Movers driven by earnings. Ford, afacebook and tale of two stocks and a tale of two quarters, facebook moving sharply. To35, a huge contributor what is going on in the s p, and there is ford 8 decline. The Company Warns that because of the incentives, Car Companies are going to have to try to keep sales going. We are keeping an eye on those in their affect on the market. Had results from amazon. Secondquarter earnings per share at one dollar 78. Was for 1. 12, a huge jump from a year ago when amazon reported . 19. Billions were 1. 30 4 dollars, higher than anticipated. Analysts were looking for 29. 5 ilya and dollars. Anywhere froms 31 billion to 33 billion. Lets get you out for that numbers as well. Secondquarter adjusted eps, 8. 42, just below the highest estimate in our range. Of course, theres no real comparable number because is repor