Forecasts. The top lines are up. Revenues up 4 if you look at the activities. Despite the impact iag luke to raise 3 billion euros and klm unveils an operating loss sending both shares into the red. Six years of growth wiped out in spain as gdp drops in the Second Quarter but the French Economy shrinks less than expected down 15. 8 . Happy friday welcome to street signs. Weve got a lot of earnings to get to lets talk gdp first weve heard from france and spain. Now numbers from italy preliminary q 2 gdp slank quarter on quarter less expected a value. Theyve advised their q 1 estimate of 5. 4 contraction quarter on quarter and 5. 4 year on year. Slightly worse than anticipated. Q 1 marginally worse but q 2 better than expecting. An unprecedented slump for italy but the takeaway better than analysts had feared. Not quite as grim as the market had been bracing for looking at the euro gaining ground currently trades around 118. 77 we have the france and spain numbers. Spains economy shrunk
Good morning warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Im court couney reagan in f sara pleasure to have you with us. We did see declines yesterday of about a half percent across all three of the major averages. Today we are bouncing back a bit. The dow up by 20 points or so. Worth noting that all 11 sectors of the s p were lower yesterday. A broad selloff. Telcos taking the brunt, down more than 2 tenyear treasury note above 2. 4 this week if we have a look at it this morning, its still year yields slipped a bit 2. 44 yesterday 2. 42 today. Looking at whats going on overseas asian equities mixed overnight we saw mixed market in china south korea down a half percent. Shanghai up about a third of a percent. And we saw in japan the nikkei led by financials and automakers the messaging service line up 17 on earnings. That was one i wanted to point out. We also got data out of south korea where the gdp grew 1. 4 in the Third Quarter. Thats the fastest pace in seven year
Point72 Europe London LLP grew its stake in shares of Reinsurance Group of America, Incorporated (NYSE:RGA – Free Report) by 29.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 35,970 shares of the insurance provider’s stock after purchasing an […]
Junto Capital Management LP purchased a new stake in shares of Reinsurance Group of America, Incorporated (NYSE:RGA – Free Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 569,186 shares of the insurance provider’s stock, valued at approximately $92,083,000. Reinsurance Group of America comprises about 2.1% of Junto Capital Management LP’s portfolio, making […]
Junto Capital Management LP acquired a new stake in Reinsurance Group of America, Incorporated (NYSE:RGA – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 569,186 shares of the insurance provider’s stock, valued at approximately $92,083,000. Reinsurance Group of America makes […]