To stay on hold of a record low of 0. 25 . And the company that created photoshop, well be speaking to the boss of the Software Firm adobe, shantanu narayen. Today we want to know, do you use snapchat . What do you use it for . Let us know. Just use the hashtag bbcbizlive. I know that tanya is a user of snapchat, i have seen the selfies and we start with snap, the Company Behind the messaging app snapchat. It lets you send photo messages that disappear after a few seconds. But it seems the confidence of investors has gone missing almost as fast. Snaps shares plunged in after hours trading on its first set of Financial Results since that huge Flotation Back in march. Snap lost 2. 21 billion in the first three months of the year. Thats way more than the same time last year. Why . Well, mostly because of huge pay outs to staff with Stock Options in the flotation. But heres the number investors are really looking at. By the end of march 166 Million People were using snapchat every day. Tha
Department of justice is responsible to congress. Mark european equities, just under 30 minutes until the finish of the session. You know the function. Macro movers come equities on the left. Look at the ftse up by one half of 1 . Nine Straight Days of records, that is a record run. Those are the currencies that are falling. The euro and pound against the dollar, today, sterling earlier falling below 1. 21, 123 is the key level which we will explain. Bonds, commodities, your final three columns. Corporate news, valiant Pharmaceuticals International agreeing to sell three skincare brands to the worlds biggest cosmetic company, 1. 3 billion. It wants to pay down the 30 billion in debt, that is valeant, embroiled in scandals about his drugs high process and regulatory investigations. Loreal paid a high price for the brand to challenge nestle in medicated skincare, the largest category in the cosmetics industry, accounting for more than one third of the global market, loreal shares down 4
Were still in rarefied air at these levels with the market well above where it was right after the election, and yet i keep hearing about the day of reckoning thats coming. Im not sure about that day. However, i have to tell you when i look at whats happening with individual companies, not the overall market, i see a game plan next week that most likely will face its roughest test even as i doubt it will produce enough grift for the bears to get the kind of selloff theyre praying for. What makes me so concerned about next week . Retail. Next week the retailers report, and i think well blanche when we see these numbers, especially given their stocks have had a bit of a run going into these quarters. Lets start with two retailers we hear from on Tuesday Morning, home depot and macys. Their stocks have been on different trajectories. Home depot is ameteoroloong the retailers in the world but this stock has had a pattern. It runs hard into the quarter. Then it reports fabulous results and
The pound in your pocket will soon have 12 sides. We take a look at the new coin due to come into circulation next month. Nonsense, robert, it is all nonsense gcioss nonsense, robert, it is all nonsense across the board. Nonsense, robert, it is all nonsense across the board. And ill be talking to mark cuban, an american billionaire, about his impressions of the new president and his hopes for the future. Its 5 oclock. Our main story a woman has been killed in wolverhampton, as storm doris continues to batter parts of the uk with winds of up to 94 miles an hour. Planes have been grounded, roads closed, and rail travel disrupted. Trains across the whole Virgin Network are suspended and every Train Company in the uk is said to be affected. Victoria station is experiencing severe delays, and no trains are leaving manchester piccadilly. In Northern Ireland, thousands of homes are without power. Lets get the latest from our correspondent, daniel boettcher. Emergency crews in Wolverhampton Ci
Trump ralliers were met by antitrump protesters. Philadelphia police had to shut down the. Usa. Reporter the started as a scheduled pro trump make America Great rally on independence mall. Three months in the making now been trying to do this. Reporter one of many around the country today but in philadelphia, not too long after the planned rally started, it was taken over. By hundreds of antitrump protesters. The clash turning chaotic at one point when protesters set off cans of smoke, the protest scheduled to go until 5 00 this evening was shut down around 3 00 in the afternoon. This march is over o. Reporter despite having to end the rally and protest early, Philadelphia Police say they only had to issue two citations for disorderly conduct. Reporting live on Independence Hall alycia nieves. This is all happening as the Trump Administration vows to quickly move past their failed effort to repeal and replace the Affordable Care act. We get more now from and cbs news correspondent Wend