Stocks weighing down other Airline Stocks as the low cost carrier ditches its guidance and says it will fall below 40 . Investors satisfy their thirst and hong kong water giant and shares go 80 higher from its listing price. A warm welcome to street signs. Lets kick off the show with the European Commission president who is speaking now with changes to the European Commission translator this experience is crucial for ensuring the solution so speaking there and announcing that mqguinness has been named as irelands new Eu Commissioner lets get more context we knew ireland had nominated two different people to take up this post after phil hogan had redesigned after breaking quarantine rules what can you tell us about the decision to go ahead with mcguiness. Its not a surprise they were key to ensure the 50 50 balance and this allows them to achieve that mairead has been quite vocal when it comes to brexit as well. This is an important change that is happening right now and the European Co
Would be a good start. Lets get to our road map and start things off with the markets. Extending yesterdays losses, disappointing Economic News and air strikes in syria are setting the tone for the morning trading. Also weighing on the market, the Obama Administration makes its move to counter inversions. The rising trend of American Companies leaving for lower taxes. Shares of takeover targets such as medtronic, shire and abbey are moving this morning. We may be getting closer to two large transactions. Allergan is in advanced talks to make its own deal to defend off valiant alachemann. Alachemann is already redding to sue. Yesterday nasdaq posting its worst sessions since july 31st. Dip ing dipping to a 2014 low. China rose slightly. You have the u. S. And arab allies launching attacks against islamic militants in syria. President obama due to make a statement on the u. S. Strategy against isis later this morning. Coming up at 11 00 a. M. Eastern, becky quick is going to interview fo
The germans might have some objection to that. London opened virtually flat. Oil is making a comeback. Is that being overgenerous . You are seeing just a little bit of a reprieve on these equity markets. We are going to run towards super tuesday. Lets have a look at some of the currencies. Everything is priced into the euro dollar. You are probably going to see the eurodollar at 120. The market has fully priced qe by the European Central bank and the onemonth money suggests you are going to see a little bit of a turnaround on that. Have a look at the euro yen. Money was coming out of the euro and going into the yen. That is where you see a big move. Have a look at the couple of stocks we are keeping an ion. Keeping an eye on. Who day is becoming ceo. They would create the largest mobile operator in the United Kingdom with the 41 share of the market. That really surprises me. They are coming together creating 41 . Telefonica up 1. 38 . Would it be 9 Million Pounds they might receive. Th
Authorizing a big buyback. A big move in oil after what has been volatile week. The tenyear crept up to 1. 93. Reroad map, blockbuster news out of General Electric selling the bulk of g. E. Capital, 50 billion buyback. Stocks up 7 in premarket. Well get fabers exclusive with jeff immelt. Apple watch preorders began at 3 00 a. M. Large lines absent this goround but online models not available until june or july. What does it mean for sales at apple . Retail moving in premarket. Gap down 2 despite posting stronger than expected march sales. Stock futures are edging higher here all hail to the power of qe abroad nikkei surging past 20,000 for the first time in 15 years and equities in europe are now at a new record high. We will start with our news of course involving General Electric, released this morning at 6 30 a. M. The Company Effectively exiting the Financial Services business. Something that will take place over the next couple of years, as disposes of many of the businesses withi
Welcome to countdown. Im an edwards. Bloomberg reporters are standing by ready to deliver the stories of will drive your day. Caroline hide his year with a look at mark carneys warning to. Nvestors Ryan Chilcote is following the u. S. Response to rising instability in iraq. His own way. Going hans nichols is in berlin to see why the move may use tesla. The bank of japan sticks to its stimulus plan. John dawson has the latest details from hong kong. That could threaten britains recovery and rate hikes could come sooner than markets currently expect. Thats the warning mark carney gave it the annual Mansion House address. Business correspondent Caroline Hyde has been following the events. Good morning. How soon will the rates rise . Its the impossible question. Stands atmoment it april next year. Be could see many speculating and Interest Rate hike as soon as the end of 2014. Even if this is the most hawkish we have heard him basically since hes taken over at the bank of england, this is