Results that came in significantly below expectations. Sabmiller rejects inbevs takeover offer saying the 42. 15 number is still below what they want. First up, yum brands will take a hit in the premarket. The home of kfc, pizza hut and taco bell missed with Third Quarter results. Greg creed says the pace of recovery in yums China Division is below expectations. In q3, we were looking for a 9. 6 number. They used the words unexpected headwinds, despite everything we know about what is going on there. Lets understand i know david tweeted what does this say about china growth. I say what does this mean about execution . Nike is selling a lot of shoes there. Starbucks has had a fantastic run. Apple is selling well. Samsung, verification of that. Samsungs business strong with apple. This is inexplicable. I think people are tired of it people are tired of the breakup story, the sum of the parts, when will it happen . You dont break a company up when the business is bad, because we just get
In hanover. Angela merkel had been is scheduled to attend the game between germany and the netherlands. Emily im emily chang commences bloomberg west. Coming up, privacy or security . Which is more important when it comes to fighting terrorists online . And we will devote looking good and bad and i week at square. I sit down with our cofounder to our at the road ahead and lead. The debate over internet privacy or the week of terrorist attacks. 129 people died in paris, leavinge of saddam in washington to call on Silicon Valley. Senator Dianne Feinstein says she has no has asked a number of companies for health and saying she has not gotten any great if you have a product that allows evil monsters to communicate in this way, to be had children, to strike innocents whether it is at a game in a stadium, or restaurant paris, take down an airline, that is a big problem. Some electives on the part of Silicon Valley to give intelligence firms alluded axes to the customers. Tim cook says for o
Development and being good stewards. The two states of United States in paris have been divergent. This is after an anonymous phone donet and the flight was to salt lake city. A quick look at the market, hong kong and china closed for lunch. This is how we are trading in the morning session. Turkey and mumbai. Two thirds of 1 . Time for bloomberg west. Emily im emily chang. Hitting the gas in competition with the uber. Cofounder to the talk about the week ahead. To our lead and the debate over internet privacy. 129 people died in paris. Leaving some to call for help gaining access to an encrypted caps. Democratic senator Dianne Feinstein says she has asked a number of tech firms for assistance, saying she is asked for help and has not gotten any. If you create a product that allows evil monsters to communicate in this way, whether it is a game in a stadium or in paris, that is a big problem. There is some reluctance on the part of Silicon Valley to give intelligence unlimited access to
They were buttoning that up. The house went into session this morning, that is to say, the Republican Caucus met. The speaker came up with a plan, or the leadership presented to members a plan, that was different, had more provisions going after obama care in it. It was divisive within the caucus. They did not have a consensus. The speaker came out and said, we havent decided what to do. Were still talking about it. But that had the effect of causing Mitch Mcconnell to hit the pause button on his talks with harry reid because the republican leader in the senate has little freedom to maneuver when the Republican House is working on an alternative to what hes negotiating with reid. I just got off the phone a few moments ago with the democratic leadership aide who says this hasnt collapsed but its on pause until we find out whats happened to the house plan. The house plan, because it didnt have the votes, when they left the meeting, may never get off the ground, but until that is determin
An optimistic start in japan there on the first trade of the day first trading day of the year. Japanhave a margin and down 1. 5 . Year with nine years nine days of trading gains. What stocks are falling the most . It is down because of the strong yen, for example. And the aussied open is about to start. Mitsumi falling. Clearly, the strong yen is on the equity prices will stop you can see taiwan, singapore, malaysia. Equity prices. You can see taiwan, singapore, malaysia. The performance of stocks falling the most in japan and i will show you the high chart in this early stage of the new year. Red acrossmuch a theboard. Industrials and consumer goods are down. They have fallen the most by the most. You have a fixed line of 1. 4 and Consumer Services down. No news on that. Clearly falling as well. You have the fed talking about how the fed must be aggressive in tapering 10 billion a month. Anda stocks are falling travel and leisure stocks. Tokyo stocks and the tokyo dome is falling. Is