Live from bloomberg you are froming the pulse live Bloomberg European headquarters in london. Francine lacqua is off today. Let me tell you about the data crossing as we speak. The number coming through at one end. 6, that is slightly ahead of expectations. Let me show you a little shot of eurodollar. This is what is happening in the last few minutes. Catching a bid before that number came out. We are 1. 3704 but we have extended that move. We are up by 0. 2 on the day. That is the economic news. Let me move you through to some of the Corporate News we are watching today. Our top story, at t ending speculation for now that it is looking to buy vodafone. Sayinge saying at t it has no plans to make a takeover. We have learned that john malones Liberty Global has agreed to buy the dutch broadband provider ziggo. Thats get more on both of the stories with hans nichols in berlin. Hans, lets kick off with at t. It has been a remarkable morning. At t is down 5 i believe. Lets walk through the
Squawk on the street begins right now. Good wednesday morning. Welcome to squawk on the street. The shows going well already. Im carl, with melissa lee, jim cramer and david faber. We have earnings season officially under way. Courtesy of alcoa, some pretty decent sentiment this morning. Well talk about that with cramer in a moment. Europe, numbers over there as well. Germany Industrial Production did miss. Green arrows across the board from london to paris to frankfurt. Our road map kicks off with earnings season. Europe is better than expected, but does this set the tone for the season with goldman predicting the s p will be in a Holding Pattern for the first quarter. Apple at the low end. The journal reporting a cheaper iphone may be in the works. Is apple simply going to where the growth is, and a sign that margins may face more pressure . Yet another setback for boeing and the 787. Canceling a domestic flight after a computer erroneously signaled a brake problem. Clearwire gets a
Host the author, the New York Times tech reporter nick bilton who joins us from San Francisco. Mr. Bilton, what was twitter supposed to be . Guest oh, thats the billion dollar question. Actually, the 25 billion question if you look at the ipo. You know, twitter was something that was different for everyone, you know . This was something that was started by four people that collectively were trying to build something that would, you know, communicate with each other, would connect them to their friends. But they all had different ideas of what it was. It was, the genesis of it, the real moment that it actually started was with who gentlemen, one was jack dorsey, and the other was noah glass, and they were two very Close Friends, and they worked at a Podcasting Company in early 2005, 2006. It was in San Francisco. And the pod Podcasting Company was failing, and noah and jack had been out drinking one night, and jack had had this idea that you could build something that would allow you to
Open ahead of the fed even after turkeys surprise Interest Rate hike did help to stem some concerns related to emerging markets. Boeing, jetblue, dow chemical and at t beat expectations well break them down. But yahoo shares under pressure this morning after reporting a drop in revenue for a fourth consecutive quarter due to a decline in display ad prices. A day after the dow snapped a fivesession losing streak futures are lower, investors turning their attention toward Ben Bernankes final policy meeting, the central bank expected to further pare back stimulus, but turkey, jim, at least for the open will be the story. And for a while there the turkish lira was up 3 and it looked like they impressed the market. 22 years ago we went through the cycle but thats too long for most people. They tried to stem the capital decline, i saw it last night, they forgot what happened to their country when they tried to do this. And what happened initially you thought things would stabilize and they d
A very one sided and unfair one but but i dont blame china. After all. Who can blame a country for being able to take advantage of another country. For the benefit of its citizens i give china great credit. To be softening his rhetoric that back over to you sophie how significant is this Two Hundred Fifty Billion dollar trade package then we are to be honest it seems like this deal was meant to revive headlines more than the Economy Analysts are saying yes there are some specific Big Companies that try to try to strike a deal for like boeing but at the same time they said this summit would only feature more problems than anything else would likely lead to for the stance of
just weeks before the current license expires glad to say it is vital for the Industrial Farming Methods that put everything from sugar to bread on the dining table and although supporters say its both cheap and easy to use critics say its not one hundred percent proven that it does not pose health risks to humans. O