Earnings. Revenue little changed at 12 billion dollars while profit rose slightly to 2 billion. The ceo says Revenue Growth in the Data Center Chips and the internet of things help offset slumping demand he sees. Shares are up in afterhours trading. President obama is going to drop cuba from the list of nations that sponsor terrorism. The president notified congress about the move today. It had been a Sticking Point as the u. S. And cuba try to normalize relations. It comes just days after obama met with the cuban president castro, the first formal meeting between the u. S. And your u. S. And cuban leaders in more than 50 years. The Senate Foreign Relations Committee approved the compromise bill giving congress the power to review a deal with iran. The Obama Administration is now indicating that the president will sign it. Former defense secretary William Cowan says such oversight is necessary. I dont think you can trust iran. They have to earn the trust. They will earn that trust by s
Won reelection. The labour party not. They likely will have to form some sort of Coalition Government with the Scottish National party. There he is. Arriving at 10 downing street as i mentioned, with his wife. He will be making further remarks on the future of the u. K. We will be hearing you any of his comments bring you any of his comments as soon as they cross. In the meantime mcdonalds april Sales Numbers back in the u. S. , just crossing. I want to get straight to the breaking desk with julie hyman for details. Julie these number are not as bad as analysts estimated, but the beat is coming from outside the United States. The company has not yet seen progress here in the u. S. Overall, the global samestore sales number was down half what analysts estimated. A drop of zero point 6 . In the u. S. , the decline was deeper down 2. 3 , exactly in line with what analysts predicted. Looking at the beach, it is coming from outside beat it is coming outside. Exley rising 1 . The estimate wa
Indepth interview with intesa sanpaolos ceo, the head of italys secondlargest bank. He is on the hunt for acquisitions. Now i asked him about his potential partner. Carlo if you want to top the asian margin tap the asian market, you need a good brand. That is the reason why i am looking a possible acquisition of an International Brand. I am growing in such a way that i tonight not need to, an extra engine for my growth, but the strategic target could be to have an International Brand in order to tap International Diversification. Francine basically a brand name more than operations. How big does it have to be . Is it something everyone recognizes . Carlo there is a point on the total amount of Market Capital for the possible target, because the reality, you can have a wellrecognized brand that has a market cap that could be higher than all of my prior breaking Division Banking division. I want to have the control of this entity so the target should be in the range, my Banking Division
A sea of red. Dow open 133 points off. S p 500 off. And nasdaq off 37 points now. Lets look at the ten year treasury. The yields hitting the highest level since early december. Looking at 2. 338 there. And also you should Pay Attention to the german bund driving a lot of the action in the global bond market lately and especially overnight. 2. 3 . Didnt we close yesterday at 2. 2 . Pretty big move. It was a big decline of more than one point yesterday in the ten year. And the bund last time it bounced. We couldnt figure it out. Remember that morning we were here early. This chart is incredible. That was the one that went there and the markets were covered. Its going to test the recent highs in yield. It was because the economy was going. Its what we talked about that day. We live by the sword, die by the sword. When rates finally start being normalized in europe we were staying low. Lets show everybody whats going on in the European Equity markets. Theres a big sell off going on this mo
Aunt and uncle and others the flour is near where he was struck they and his parents to iraq would agree to talk to the media. Reporter the tragedy of young andrew has shocked many people at his school as a was a student at the middle school of San Francisco his death brought sadness to his classmates and their parents and a lot of concerns about Street Safety entrap the death in the area people expressed their sadness about the boys untimely death. im sad because i did not think that he deserved to die because he was a student in seventh grade he was just 12 years old in that express its deepest sympathy to his family. Reporter in the east of a 04 yearold nt outgrows been called braves tonight after helping police captured a man who broke into the family home than his life and into that tonight with details on this. Reporter it happened at this home please stop calling it a burglary but the people in this home plus the suspects will do not believe it was a thing like a burglary that w