Good morning. Welcome to Worldwide Exchange here on cnbc. Im sara eisen. Im dominic chu sitting in for wilfred frost today. A flood of Corporate News this morning, including that mega deal for syngenta. Plus, shares of chipotle are getting hit hard. Its now a subject of a broader criminal investigation. Well have the full story in a few moments. Boy, did that stock collapse over the course of the Conference Call yesterday. Absolutely. You can see those shares down about 5 in the premarket trade. First, lets check on whats happening with the Global Markets this morning. U. S. Equity futures, like you said, pointing to a modestly higher open. The s p up by maybe just about two points. The Dow Jones Futures indicating an 18point open. And the nasdaq, well call it flat right now. So again, modest, modest gains to start, at least for the time being. Well see if that changes throughout the course of the hour. Also checking on oil prices. Theyre continuing to be a focus for a lot of traders r
Driven by the uk. The ceo tells cnbc asia why is still an area of growth. The bcb tells cnbc he would prefer to stay if possible. We still believe, as well, for us its better than other stockes and other stocks is changing. Unfortunately, this was not our decision. Japanese Prime Minister shinzo abe reportedly told his party he will delay a tax hike and hold snap elections. This coming a day after japans economy unexpectedly slips into recession. Matthew beesley, head of Global Equities joins us in studio. It was the yesterday japan reporting that it is in recession. The question is, whats next . Does japan stay mired in recession or do these new policies that abe will potentially unveil help revive the economy . Whats clear, it would have been bad. At least in our time, company investors, lots of Japanese Corporates. Theyve all been saying a second rise in consumption tax would be negative. So abe is listening to the economy, lisping to stock market, and hes reacting accordingly. At l
Porsche families stand at odds over ceo. And Hillary Clinton vows to champion Everyday Americans as she launches a president ial bid with a visit to iowa. Good morning, everyone. Its monday morning. How are you . I know. What a fantastic week. Its nice to be back. Fresh rejuvenated. It was not really good for chinese exports. They dropped 15 . The masstive drop it really causes a lot of people this morning to question once again the strength of this huge economy whether or not were going to have to see a slowdown coming from asia. Im not so sure. We know that chinese data is very erratic, it tends to be extremely volatile. For the first two months of the year chinese exports were up 15 . Were now seeing this big draw down . Is it because of the Chinese Lunar holiday, we dont know. What weve seen these triple arcogs. Were seeing Chinese Markets rallying today in anticipation of more stimulus. What difference is that going to make . I dont know is the answer. However t might be an elemen
Markets and overall. I just think that making prediction about stabilization of this environment is quite hard. The latest to stop from refining weakness. The firm upping the amount of cash its putting aside, as well, to deal with the gulf of mexico spill. And toyota shares fall lower in japan despite the carmaker raising its forecast. The firm now expects a record profit this year. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. Warm wake to todays program. We kick off with where we are an hour into trade in european equities. 8 to 1 decliners currently outpacing advancers on the Dow Jones Stoxx europe 600. Here we are, this is where we stand right now. Love the prices on for you. Were not quite at the session low. We hit that about a half an hour ago or so. Ftse 100 off 0. 4 . The xetra dax off 0. 75 and the cac 45 off 0. 25 . Ftse mib is up 0. 36 . The nikkei down over 4 today during the session. The yen actually didnt continue to stren
Hello. Welcome to countdown. Just gone 6 00 here in london this thursday morning. We have Earnings Releases as well as other things. The companys latest results showed a wider loss in 2013 dan previously thought. Dont miss our exclusive interview with the cfo later this hour. Elians from allianz breaking now. Neils anderson will talk to us after earnings break next hour. They own the biggest container shipping line. Breaking now. Fourth quarter has missed estimates. Analysts estimated 1. 3 one level is above what they had targeted. The actual figure for a operating profit, 10. 1 billion, up over the previous years mine. 4 billion and given some guidance. Operating profit will be between 9. 510. 5 billion. They have raised their dividend to 5. 3 euros per share up from 4. 5 and they will be looking to see whether they are planning share buybacks or will stick with an increasing dividend as well. Those are the early headlines from europes biggest insurer. Speaking to the cfo in about an