Missed earnings forecast amid unfavorable currency moves and shrinking margins. John lewis rings in a record Christmas Season, but the cfo resigns following a profit warning earlier in the week. Announcer youre watching Worldwide Exchange, bringing you Business News from around the globe. And a warm welcome to the first Worldwide Exchange of 2014. We kick off the data out of the eurozone. Manufacturing pmi, 52. 7. That was in line with the flash number a few weeks ago. It is the highest since may 2 1 2011. We did see producers reporting further growth of new orders, exports and backlogs of work says market for a good 2014 which compiled the pmi. The one concern will be france, struggling italy and spain showing signs of a brighter year ahead. The recovery may be held up by a sickly french manufacturing base. France has been back in recession. Well have to see whether that was the case in the Fourth Quarter or not. Nevertheless, european stocks just over an hour into trade in the new ye
Up 49 on the dow. Caterpillar beat earnings expectations, merck, united technologies, travelers, ge also trading to the upside as you can see on your screen right there. But we did get some news on the Economy Today i want to bring you. Sales of Single Family new homes fell more than expected in december. Many economists blaming the slump on the cold weather. The Commerce Department saying new home sales fell 7 to 414,000 units. Home sales usually dip in the winter, but the extremely low temperatures may be causing a more substantial drag. Take a look at hovnanian, kb holmes, all of these Companies Trading do the downside except for pollty, bucking the trend. But the rest of your home builders, actually, are trading to the downside. Wanted to show you those. Big news on the economy. Also this, remember the winklevoss twins made famous by the facebook movie about Mark Zuckerberg . U. S. Agents arrested the ceo of the Bitcoin Exchange bitinstant on Money Laundering charges in connection
Spectrum, innovation and openness: Samsung on bolstering US wireless leadership rcrwireless.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rcrwireless.com Daily Mail and Mail on Sunday newspapers.
Industry Voices: Samsung Networks solidifies 5G leadership position fiercewireless.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fiercewireless.com Daily Mail and Mail on Sunday newspapers.