Hoursr in hal af an time. 4sbcs First Quarter hit 5. 9 billion. It will contemplate share buybacks as and when appropriate. Anna edwards spoke with the banks cfo and asked whether 2017 will be the end of revenue decline. I have to say id be a happy man if i could close out 2017 right now. Revenued to see 4 growth over the course of 2017 and notwithstanding a very good start in the First Quarter. That is the guidance we are holding as we move into discussions with investors. Anna can i ask you about share buybacks . Were were some that disappointed to not see another. Last summer he talked, you said the ratio target of 12 . If youre about that you will contemplate returning cash. You are well above that. Why no cash right now . We have just finished a 1 billion buyback on the 12th of april. When you add to what we did last year, that is 3. 5 billion. I would not encourage investors to think we are going to do buybacks every quarter. Were very happy at 14. 4 . As we said, the happier las
Since 2008, sending shares to the swiss bank to the top of the 600. And shares in b and m rise on a report as there could be a 4. 4 billion pound bid for the discount retailer. Good morning welcome to the show. Looking at pmi data for euro area crossing the wires. Seeing it was very much in line. Pmi services was 55. 4, estimated at 55. 4. And then look at the manufacturing, came at 57. 4, marginally ahead, 57. 2 marginally ahead of estimates at 6. 2. On france, mixed picture, weak when it came to services but strength when it came in it was traded marginally higher today. Seeing a little of that received now. Lets move on, talk about the top story today. Looking at the auto sector reports the commission could be investigating collusion among germany top automakers, following a report that bmw, volkswagon, audi and porsche may have worked together to fix prices and designs of diesel emissions treatment systems. Looking at the shares, theyre really being punished. Volkswagon down by alm
It will be sent up to the county Attorneys Office for possible charges. Reporter police remain at the home at this hour, no arrests have been made, well keep you updated. Jean thanks. The tonight the state fire marshal is trying to f one western in rochester this morning. Neighbors noticed the mobile home burning just after 3 00 a. M. Jennifer crompton is joining us from the scene. Reporter the identity of the person who perished here has not yet been released. But neighbors say a woman richard here alone who they describe as sweet and nice. The scene here in rochester one of sheer devastation, the fire that tore through this mobile i never saw anything go up so fast in my life. Reporter fire scene tape sur rowns the little thats left of a mobile home at 21 whispering wind lane in rochester. The deadly blaze spotted just after 3 00 a. M. , called in by a neighbor awakened by the sound. Was like a roaring train, a big truck engine. Reporter then when you looked what did you see . My yar
Then also the new contracts. Can i do that all at once . Usds he was there is a new contact, which i like to describe an point out why this is sounds mundane but is actually important. It is a contract with guttural Healthcare Laundry and Linen Services for pounds of laundry i learned today that5. 4 we generate at the Zuckerberg San Francisco General Hospital in laguna honda hospital in a year. It should take care that in the finance Committee Also recommended to the full commission that we approve this. The thing that is interesting about this and very encouraging, is an example of a consolidation of vendors could be of vendors for each of the hospitals separate contracts and through doing is theres a number of ways which it looks like we will be able to reduce what would have been the projected cost of laundry. So congratulations to the staff on that and hopefully its the first of many contract consolidations that will come before us. So do we move approval for these . First asked if
That is right on the library in just a few steps from the front entrance will force the Library Users to walk more than 2 half blackstones blocks and across two big streets that is a huge impact on safety as well as convenience this is library is the only Public Library with a lib for the deaf there are one and a half million velocities per year at the library and thats what the mta is planning minimal publicity and mingle planning ive asked them to consider what the increased dangerous from the public crossing hundreds of time a year and instead of stopping in front of of the library and the asian museum theyve not considered did alternatives or dangers please look at into this thank you. Thank you. Next speaker, please. Ladies and gentlemen, of the audience and supervisors good afternoon for the record im emilio ive spoken before this board. In the past and through any things in the city im here today to give you a reality check i left hand to our mimics of helping airport workers an