Retail in that country and laying out his plans for indias market. Also gave this extensive interview to india nd tv where he said he could see lowering prices in that country. I recognize that prices are high. What we want to do things that lower that over time to the degree that we can and so we are looking at a number of different things. What we wouldnt do is lower our quality bar. Of course, one of the bigger stories today might be the projections, reported projections for iphone 7 production as has a lot of the suppliers up today along with apple. Yes, indeed. Barrons did a writeup of it about 70 million phones where some had expected mid 60s productionwise. That maybe goes to show apples confidence in maybe what its got in the iphone 7 versus actual demand. What i think is interesting, theres a tension between local manufacturing and local invention versus american patronage. Facebooks Mark Zuckerberg saying people, have free internet, its good for you. A lot of people cant affo
Ramy inocencio has the latest. Ramy we are in the dog days of summer and all my about 18 or 19 on the day. We do have a couple of wins pushing our way with the news from the Stanley Fischer and falling oil, which we will get to. Pretty muchs p are a flat line. Down as well and not a lot of movement here. Go into more specific information with the sectors and their help. Basically 50 50. Utilities right now are of the most and health care had been higher because of that pfizer deal but is paring gains. Most in terms of the sector. Before we get to that, lets talk about asp. Gas is on the rise seeing it best day in the past three weeks or so. Dominion resources are up on the order of 1 . Natural gas is up, deftly off its session highs, but theres a forecast that during the Labor Day Weekend that there might be higher than expected temperatures on the order of three degrees or so across the united states. Oil is on the downtrend. Thats falling by 3 and near session lows with gold and silv
Declaration from 1956. It stipulates that the former soviet union, now russia, would return two of the four contested islands to japan after a peace treaty. But he added that the russian government may consider conditions for their return and their sovereignty. Russia controls the four islands, japan claims them. The japanese government maintains the islands are an inherent part of japans territory. It says the islands were illegally occupied after world war ii. G20 leaders wrapped up their summit by issuing a joint statement. They plan to implement policies to achieve sustainable and balanced global growth. Xi jinping held a News Conference after the summit. Translator the global economys capability for recovery is still weak, and the influence of international and regional issues on the World Economy cannot be overlooked. I believe the summit has achieved significant results through the efforts of member countries. The economy continues to recover but faces risks as the pace of growt
Declaration from 1956. It stipulates that the former soviet union, now russia, would return two of the four contested islands to japan after a peace treaty. But he added that the russian government may consider conditions for their return and their sovereignty. Russia controls the four islands, japan claims them. The japanese government maintains the islands are an inherent part of japans territory. It says the islands were illegally occupied after world war ii. G20 leaders wrapped up their summit by issuing a joint statement. They plan to implement policies to achieve sustainable and balanced global growth. Xi jinping held a News Conference after the summit. Translator the global economys capability for recovery is still weak, and the influence of international and regional issues on the World Economy cannot be overlooked. I believe the summit has achieved significant results through the efforts of member countries. The economy continues to recover but faces risks as the pace of growt
Bloomberg. 90 minutes left in the session in europe today. No trading in the europe the u. S. For labor day. Stocks rising for a third day after gaining for the second consecutive week. The stoxx 600 now its highest since january 6. Top of the pile. Oil and gas at 1. 1 . Russia and saudi arabia said they would Work Together to stabilize global oil. Lets get to some of the big movers, the big gainer this was provider of banking software. Jumping to a record earlier after Credit Suisse upgraded the stock to outperform from neutral. It added it to a list of High Conviction ideas among swiss small and midcap stocks. Credit suisse expects the company to exceed its target. A strong momentum and licensing breakf licensing. Large visibility remain strong in 2017. A progressive renovation plan of large banks relicensing contracts as well. The price target is 71 swiss francs. Today we are at 61. 9. Is median price target 53. 54. That implies a 14 downside. Lets get into the big piece of data tod