Build again. You want to see noises around the government bringing the deal back to the table with hopes they can pass the bill in a short space of time. As we have heard, if we do look welcome to daybreak europe. Lets get to those akzonobel like we are going into a long numbers. One of the key things to look at is that akzonobel said it is extension, the general election does become more likely. Making Good Progress toward its for sterling investors, that goal for 2020. Adds back uncertainty to the to that is a big question for the table. Election could perhaps investors, whether that goal can be met. That is something to look into. Thirdquarter revenue coming in at 2. 4 billion euros. Mean a pause if not a pullback a beat on the estimate of 2. 3 6 in sterling. What would it take sterling to 140 . Billion. Thirdquarter adjusted operating 140 is the top of the range. Income at 300 Million Euros. You have therio, that is softer than the estimate of 303. 8 Million Euros. Bill passing, yo
In seven months after a meeting with u. K. Print minister Boris Johnson. What i would hope is that what happens today would be sufficient to allow negotiations to resume in brussels. Nejra and changes at the top. Saps longstanding ceo announces hes stepping down as rental looks to rental replace thes to ceo. Matt good morning from berlin, nejra. We have had a lot of fed news out, a lot of trade news out, a theory a news out. Basically, washington is the place to be. Nejra i found the comments really interesting in terms of what he might see as a rate cutting cycle. Well get into that. It is the trade news dominating markets. Investors taking the positive side, the fact President Trump says hes present for talks with chinese vice permit or. If vice permit or. Vice premier. Matt we will have to talk exit brexit again today and tomorrow, as well. We do see asian stocks falling, u. S. Stocks up on positive trade news. We just heard donald trump say the attorneys have been very nice and the
Welcome to bloomberg daybreak europe. Earnings season, here we go. To this, crossing the bloomberg. It is raising its fullyear 3. 5 to 3. 55ld to euros. That is the headline at the moment. It is also announcing clearance for metadata, so that is that deal that was announced not that long ago and it is announcing clearance for that, so thats another headline coming through and its also reaffirming its revenue target. Those are the numbers coming through. Coming up on bloomberg, the ceo joins us for his first interview of the day. We will get into a lot more details and talk about the industry as well. Do not miss that conversation. Speaking of industry, lets take a look at basf. Third quarter adjusted ebitda, that is the red headline. 1. 1 2 billion euros. Estimate, 1. 06. There was an expectation that in be Third Quarter, basf could hit by slowing industrial demand. That is the story we are getting for other companies in this earnings season as well. Third quarter adjusted ebit is a be
Lets get into these results from samsung. What was the offer . Not as impressed as the shareholders are. They seem pretty impressed. I think there is a lot of concern they need to be aware of. First of all, the chip business really fell off a cliff. Operating profit really fell a lot. The other thing is the smartphone business had a good quarter. It was the secondhighest sale on record for that division. Incomecompare operating versus a couple of quarters ago, operating profit was a lot lower. Margins a lot worse than it had been in the past. They said themselves this quarter, the fourth quarter, they would see a deterioration, not only in shipments, but also a have bees. What they ship will be the cheaper phones. Not the flagship stuff they had in the first quarter. The cheaper stuff. Those are the landmines investors need to be worried about as we go into the next. Components are weak and their products are week as well. It definitely is downbeat, a column this morning. You sum up by
Story for goldman sachs. Turn tonk of americas report numbers. Manus a warm welcome to bloomberg daybreak europe. Thing, wenteresting are talking the agony and ecstasy of brexit and pound trading. Mark carney has forced the banks into a neutral position. Banks are in a neutral fx position on sterling. For an overthecounter, unregulated market. I find that interesting. Nejra very. Perhaps we are hearing about the concept of a deal. What does that mean for Super Saturday and the pound . I love that phrase, agony and ecstasy a pound trading. Carrie lam is still giving her annual policy address by prerecorded video. Being interrupted a number of times with an legislative council. , the ability to requisition 700 hectors hectacres of land. Rush is narrowing their sales growth to the upper band of the prior guidance. They are going to increase the dividend. Their sales and Beat Estimates so it is about giving us a full year sales growth to the upper level of the prior guidance, narrowing in