S. Welcome to power lunch were glad youre with us. The market marching towards all time records the s p just half percent from an all time high the nasdaq is in the red by about a quarter of a percent the dow is up almost 100 big move in bio gen today. Well have those details thanks. Bio gen from the only mover today. Bob has the run down for us. Mcdonalds was a very rare out right miss unusual for a big company. Most others are doing fine is beating enough right now given the price upset . Look at Procter Gamble sherwinwilliams had a terrific you. United Technology Beat them but the guidance is about the guidance they had for the Third Quarter. Kimberly clark did beat. About the same as what they beat in Third Quarter you see that stock is trading down a little bit there. Mcdonalds is the only out right miss we had there. U. S. Sales growth are a bit slower i talk about these beats and raise guidance is that really enough. Look whats been going on. Take a look at sherwinwilliams. Earn
I am Francine Lacqua in london. Lots to get through. Politics filtering through your currency markets. First things first. Lets check in on your markets. Stocks down with the stoxx 600 down 2 10 of a percent. The euro slipping with most currencies against the dollar after draghis dumbest done vish message. At can see japan, the yen 111. 07 and the south african rand extending losses to a second session after the president jacob zuma survived a bid to oust him. Your data, but lets get to the bloomberg first word news with nejra cehic. Nejra the president at the st. Louis fed said the jury is still out on if the Trump Administration will meet wall street expectations. Some bullard said at point, the honeymoon period will come to an end and washington will need to deliver on policy promises that have driven the stock market. James the business numbers shot up after the election was perceived the president was perceived as more probusiness than the previous administration, washington does
Criticizing germany. He says the u. S. Has a massive trade deficit with germany and the germans pay far less than they should for nato. President trump says it is very bad for the u. S. , but it will change. In berlin, indias Prime Minister says his country has made a quantum leap in economic ties with germany. He spoke after meeting with Angela Merkel. He says the two leaders are made for each other. Global news 24 hours a day, powered by more 2600 journalists and analysts in more than 120 countries. I am emma chandra. This is bloomberg. David donald trump called his first foreign trip a home run, but some in europe saw it differently. In europe,ion rally Angela Merkel suggested that europe might not be able to rely on its stead fed you steadfast United States. She returned to that subject today. Ourur chins anemic transatlantic relationship and the statement i made recently is due to the fact that in the face of the present circumstances we have additional reasons for us to realize t
Programm welcome to the it is just 6 00 year from london. We are ready to deliver the stories. He breaks down the latest china manufacturing data. David is in berlin and he is in berlin any of the latest on the escalation in ukraine. Caroline hyde talks tech today. She is covering the earnings of our molding arm holding. Ceoe will be talking to the following the companys earnings release. Int is the first interview the second hour. Begin with chinas Manufacturing Activity. Away thetech takeaway . It singles another month of contraction for the chinese manufacturing sector. Were talking about the hsb project economics. It came out of the of 48. 3 for april. It signals a level below 50 which is contraction in terms of Manufacturing Activity. Weyou take a positive view, see some stabilization in manufacturing in china but it does suggest that the Chinese Government may be forced to roll out some additional stimulus measures to counter the slowdown that persists. Railwayasures include acti
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