A warm welcome to the program. It is 6 00 in london. We are just getting earnings from a number of engineering businesses around europe. Lets start with those numbers from siemens. A lot of news surrounding siemens. It announces its strategy review today. It has bought some Energy Assets from rollsroyce. It is involved in this battle for various assets. Lots to talk about. I have to deal with the earnings. David will deal with all of the other parts. Second quarter income from continuing operations, 1. 6 one billion euros. The analyst estimate was for a 1. 78 billion. Above last years figures. The good news for investors, the company has confirmed its forecast for the sheer of 15 earnings per share growth. T has confirmed that forecast earnings per share will be 15 . Markets remain challenging in 2014. Despite the fact that it has confirmed the growth forecast for this year, markets to remain challenging. It is a massive day for siemens. Lets talk about the companys new strategy. Lets
The facebook founder is ready to take your phone to the next level. The key announcement at the Facebook Developers conference. I want to get to the big three, the stocks we are watching as we head into the close. Get earnings. To the two big earnings movers today have to do with Tech Companies who reported after the close yesterday. Twitter big in the news, and at the lowest level since its first day of trading. This all has to do with subscriber both. Growth. Their concerns about flowing slowing growth for twitter. Ebay, initially it looks good, but the companys Sales Forecast is a little bit short of estimates. Ebay took a 3 billion charge related to repatriation of foreign profits. Issue moreen a big broadly for companies, and it was a bit of a surprise that ebay brought this money back. Big deal, this time in the utilities industry. The nations Largest Nuclear power provider is making an acquisition. Pepcos 20 higher than close yesterday. This will make a big midatlantic power com
In 1938, a young londoner used his vacation to go to czechoslovakia as the nazis were clamping down on the countrys jews. He ended up saving the lives of 669 children. How did he do it . Youll hear all about it tonight from the man himself, who is now 104 years old. I work on the motto that if somethings not impossible, there must be a way of doing it. Im steve kroft. Im lesley stahl. Im morley safer. Im bob simon. Im scott pelley. Those stories tonight on 60 minutes. E financial noise financial noise financial noise financial noise [ bell dings ] [ bell dings ] [ bell dings ] [ buzzer ] [ buzzer ] [ female announcer ] check it out. [ bell dings ] subway is the first restaurant with meals to earn the american heart associations heart check mark. Look for it on subway fresh fit meals like the classic subway club and the freshlymade double chicken chopped salad. Subway. Eat fresh. Feel like a knot. How can i ease this pain . man when i cant go, its like bricks piling up. I wish i could f
This is real money. You are the most important part of the show. Hit me up on facebook. Com ali velshi. Follow both of these because i give a lot of information out on these two handles. Americas economy contracted in the first three months of the year. You can see it right here. This is the first time in three years its happened. Dont panic. No one is all that surprised at the Gross Domestic Product of the nation fell by annual rate of about 1 . Thats according to the newest government estimate. I say, estimate because these things change. We are going to get another estimate of this in june. The usual suspects are to blame, by the way. The harsh Winter Weather prevented buzzes for restocking for the nigh year and sapped rail trade, housing market, but that is behind us. It is springtime in america. Many economists are predicting a rebound as high as 4 for the months of april through june to make up ground lost during the winter months. No one is predicting another threemonth downturn
A sleepy commodity. But now many countries have actually turned to natural gas as a part of a transition to cleaner energy. 44 countries imported l n g last year, almost twice as many as a decade ago. And the rising cost is one of the main reasons why inflation just hit a fresh record in europe. Germany had to cut natural gas consumption and instead increase the burning of coal in recent months as gas prom rushes gas firm even before the nordstrom sabotaged, announced that it was cutting gas supplies to the north stream one pipeline due to technical problems. So in order to make up the shortfall in its energy supplies, jeremy restarted coal plants and they arent the only ones. Austria, italy, and the netherlands are all resurrecting coal as gas supplies dwindled. So despite europe, finger wagging a china and india for not cutting Carbon Emissions enough, theyre actually now in the same boat as Clean Energy Tech is simply not mature enough to supply all of the excess demand. Coal usage