Out there. You want to finish that thought . Its like a teasy question that gets people going. Its a delightful interview. Former ceo sandy weill and his wife, joan making an 85 million to neuro Science Research at the university of california, san francisco. It is the schools largest donation ever. As you can imagine. We look forward to talking to them, talk about that and get sandys take on the current state of a financials, all of that coming up a little bit here. Its an earnings palooza. Earnings from apple and twitter that are due out after the bell tonight. Josh, what are the key numbers to watch for tonight on apple . Well, bill, you cant help investors feeling cautious here given what wall street think apple is going to report. Theyre looking for apple to report eps of 2. That would be on revenue of 52 billion. A drop of 10 on the top line. Also looking for 15 million iphones. That would be an 18 decline. And we know thats important due to tough comps in q 2 last year, apple sh
Well be discussing this much of the morning. Oil back with a fivehandle after the rally. First time oils been above 50 since january 6th. Road map begins with surprise surge in the swiss franc after the National Bank scraps the currency floor set in 2011. In turn volatility jumps and markets around the world. Bank of america shares down in the premarket with profits and revenues both coming in below expectations. And target best buy moving dramatically in premarket but opposite directions. Well explain why in a moment. First up surprising news out of switzerland, the swiss National Bank scrapping exchange rate. It was the end of a currency floor set back in 2011 to head off deflation and in response, swiss franc surges against the euro major currencies. The swiss markets down 9 . People wondering trying to get out of the way of draghi next week. Well, i guess so. I mean this is a puzzling move because typically you dont do something that you know is going to hurt your country dont do s
210. Road map begins with the markets. Investors facing this continuing pullback, after the nasdaq broke 5000 earlier in the week. Private Sector Employment data not helping, days ahead of fridays jobs number. Everything must go. Target aiming for billions in cost cuts while abercrombie shares get discounted on mixed quarterly results. Pressure mounting on ges ceo jeff imle. Well explain why thats in the news. Stocks pulling bakken on track for a second straight lower open adp employment below forecast 212,000 workers added to payrolls in february. Thats ahead of the jobs number friday. And after some of the mixed data out of europe and china overnight as well as surprise rate cut from indias central bank, the second cut there of the year. Eurozone, jim, you said yesterday the green chutes are no longer green chutes theyre outright plants and the pmi number, even in france would back that up. Persistent low growth there. I hate the term negative growth. But things are going down there
Netanyahu goes to capitol hill. Good morning, im Erik Schatzker. Stephanie im stephanie ruhle. We have a lot to do today. Before we do that, i want to take it to the bulletins for the top business stories of the morning. An hour from now, a joint meeting of congress will hear from Benjamin Netanyahu. The israeli Prime Minister is expected to reveal compromises the u. S. Has made while negotiating a Nuclear Agreement with iran. He is gambling those revelations will either delay or derail any possible deal. The speech is a controversial one. John boehner invited netanyahu without consulting the white house. The israeli leader spoke yesterday at the proisrael lobbying group. As Prime Minister of israel, i have a moral obligation to speak up in the face of these dangers while there is still time to avert them. Stephanie you can watch all of his speech to congress here starting at 11 00 a. M. That is not the only news out of congress today. Speaker boehner has agreed to hold a vote later to
Chains are struggling, many customers are coming in for the meat. It is Market Makers here on Bloomberg Television. I am Erik Schatzker. Stephanie i am stephanie ruhle, and im glad we are starting today coming in with the meat. Coming in with the meat . Erik coming in for the meat. Stephanie you know what we need now, a bulletin. Erik abbvie has won the battle for pharmacyclics and will buy the company. It makes a blockbuster blood Cancer Treatment that cost 100,000 a year and has been approved for four blood cancer uses. Johnson johnson had been on the verge of buying pharmacyclics. The European Central bank is releasing details of its stimulus program. At a News Conference in cyprus, ecb president mario draghi says that the sovereign Bond Purchase Program will start next monday. Ecb will be buying 60 billion euros a month of assets through september. 16. This is all part of a plan to invert deflation in the euro zone. The ecb wants to get inflation back up near 2 . China has since se