Ahead without a vote from parliament. Watch bonds as odds on december approach 80 and oil is up for the first time in five. Road map begins with facebook, Company Reported beat but investors focusing on the cfo comments of slowing Revenue Growth. Fitbit shares getting clobbered this morning. Poised to open lower by 30 . Just as competition grows in the wearable sector. And the election days away, polls show trump and clinton neck and neck. Both candidates making the rounds in battleground states today. But facebooks our top story, down in the premarket. The social Networks Revenue outlook overshadowing those better than expected quarterly results. This is the cfo on last nights earnings call. Ad load has been one of the three primary factors fueling that growth, with a much smaller contribution from this important factor Going Forward, we expect to see ad Revenue Growth rates come down meaningfully. Secondly, on expenses. Though it is premature to provide specific expense guidance, as
More valuable than credibility. Its awfully hard to come by and easy to lose. But when a ceo has credibility, you know that his or her stock is worth buying as it comes down. Buying into weakness. Given that we got a heck of a lot of dips going on in a market like this one, where the dow sank 29 points today, s p declined 0. 44 . Nasdaq lost 0. 92 , i think its going over who does have credibility and who doesnt. So that you can learn how to tell the difference and do some buying as we are now down eight straight days. Thats the longest losing streak since october of 2008. Thats staggering. Lets talk with someone whos got credibility in spates, rick clemer. Hes the ceo of nxp semiconductor. Hes been a transformational executive. Nxp was long viewed as little more than a component supplier for apple. Last year he snapped up free scale, a maker of chips for the autos and internet of things for 11. 8 billion. Four private equity firms had led a leveraged buy, paying 17. 6 billion for this
Buying into weakness. Given that we got a heck of a lot of dips going on in a market like this one, where the dow sank 29 points today, s p declined 0. 44 . Nasdaq lost 0. 92 , i think its going over who does have credibility and who doesnt. So that you can learn how to tell the difference and do some buying as we are now down eight straight days. Thats the longest losing streak since october of 2008. Thats staggering. Lets talk with someone whos got credibility in spades, rick clemmer. Hes the ceo of nxp semiconductor. Hes been a transformational executive. Nxp was long viewed as little more than a component supplier for apple. Last year he snapped up freescale, a maker of chips for autos and the internet of things for 11. 8 billion. Four private equity firms had led a leveraged buy, paying monstrosity and it felt the company was always a few steps away from deaths door. But to him it was a way to diversify the footprint away from the cell phone and towards autos and internet of thing
Given that we got a heck of a lot of dips going on in a market like this one, where the dow sank 29 points today, s p declined 0. 44 . Nasdaq lost 0. 92 , i think its going over who does have credibility and who doesnt. So that you can learn how to tell the difference and do some buying as we are now down eight straight days. Thats the longest losing streak since october of 2008. Thats staggering. Lets talk with someone whos got credibility in spades, rick clemmer. Hes the ceo of nxp semiconductor. Hes been a transformational executive. Nxp was long viewed as little more than a component supplier for apple. Last year he snapped up freescale, a maker of chips for autos and the internet of things for 11. 8 billion. Four private equity firms had led a leveraged buy, paying company was always a few steps away from deaths door. But to him it was a way to diversify the footprint away from the cell phone and towards autos and internet of things. Now qualcomm is buying it for 110 a share. This
Acquisitions. The fundamental factors are very strong. Juliette some of the best minds in business tell us whats on their minds in a volatile time for markets. It does make economic to allow incremental bureaus to come from outside the cartel. The fed is determined to act if things are normal when they are nowhere near normal. I think we need a statement from the u. K. Government where it stands. Juliette its straight ahead here on bloomberg best. Juliette hello, and welcome, i am juliette saly. This is bloomberg best, the weekly review of the most Important News from Bloomberg Television around the world. Central banks were certainly the focus throughout this week, but on monday, ge stole the headlines with a blockbuster deal to create an energy behemoth. Alix ge agreeing to combine its oil and gas business with baker hughes and a 32 billion deal. The particulars of the deal thats not a typical merger. Ge did not buy all the baker hughes. They did not want to buy all of baker hughes.