Street about the stock. Well debate. The Investment Committee is ready to go. Halftime report starts right now. Our Investment Committee at the table today, the Portfolio Manager at eaten vance. We begin where else . The market. Stocks have been ramping in the past 30 minutes, got above the closing high on the s p on a big day for the semis thanks to intel. All but hitting a new record, as well. Names like jp morgan, so many more hitting 52week highs today. We are about a point away from a new high. Is this the beginning of that longawaited ramp that weve been waiting so long for what drove the market was off to a decent start anyway and then the china news. Then the market went to hyperdrive. So if thats the case, if we have a meaningful agreement with china, we really dont know the details, that could, in fact, increase the trading range. So go through it. I thought there was a bias of the upside slightly. Some numbers are good, some are bad. Its very encouraging when you get a print
To daybreak europe. Lets recap those numbers. Unitbs Wealth Management bringing in net new money in the Third Quarter, almost 16 billion, meaning assets in that unit hit a record. Atrd quarter net came in 1. 05 billion, a clear beat on the estimate of 9. 71 billion. Beat on therofit, a estimate for ubs. Profit came in at a beat, but ubs seeing 100 million restructuring charge at the Investment Bank in the Third Quarter. It also warned that lower Interest Rates would hurt income from lending compared to last year. The ceo, we will speak to later, saying in the statement, we continue to take action to grow productivity. We also have some breaking news coming through from novartis. A lot of numbers to come through here. The 2019 guidance has been raised. If we look at Third Quarter for operating profits, that comes in at 3. 75 billion. The estimate is 3. 59 billion. Third quarter core eps, 1. 41, eight on the estimate. Third quarter net sales also beat the estimate. Up in the high single
Hello and welcome to the d w debates of the World Economic forum to our viewers watching us from home were coming to you from the most visited city in Africa Cape Town my name is edith q money now according to u. N. Figures by the year 2050 every 2 out of 4 people will be african well thats quite staggering when you think about it does that then mean that if the population is going to quadruple here that our data will also quadruple and what does that mean for the future of data on the continent this morning were asking the question is data africas new oil and im going to be helped to answer that by my Student Panel and im going to be introducing them now im joined by sylvia my carry on my extreme right shes the head of geospatial technologies on the cofounder of have to undergo 6 base in kenya but also joined by mr alex new who is the managing partner and chairman at 80 kindy if youve been to the World Economic forum a few times you might have seen his face. On my right my immediate r
So and welcome to the d. W. Debate at the World Economic forum so our viewers watching us from home were coming to you from the most visited city in Africa Cape Town my name is edith q money now according to u. N. Figures by the year 2050 every 2 out of 4 people will be african thats quite staggering when you think about it does that then mean that if the population is going to quadruple here that our dates out will also quadruple and what does that mean for the future of data on the continent this morning were asking the question is data africas new oil and im going to be helped to answer that by my Student Panel and im going to be introducing them now im joined by sylvia my carry on my extreme right shes the head of geospatial technologies on the cofounder of have to analyze 6 base in kenya but also joined by mr alex q who is the managing partner and chairman at 80 kindy if youve been to the World Economic forum a few times you might have seen his face. On my right made me the right
Hello and welcome to the d. W. P. Bait of the World Economic forum to our viewers watching us from home were coming to you from the most visited city in Africa Cape Town my name is edith kimani now according to u. N. Figures by the year 2050 every 2 out of 4 people will be african thats quite staggering when you think about it that then mean that if the population is going to quadruple here but i also quadruple and what does that mean for the future of data on the continent this morning were asking the question is data africas new oil and im going to be helped to answer that by my student and im going to be introducing them now im joined by sylvia my carry on my extreme right shes the head of geospatial technologies on the cofounder of have to analysts experienced in kenya but also joined by mr alex q who is the managing partner and chairman at kindy if youd been to the World Economic forum a few times you might have seen his face. On my right my immediate right is mr moore at sun miss