And shanghai up 18 points. The dax up by a half percentage point. Similar gain for the cac in france the ftse in london up by a similar amount the yield in the to twoyear, up 1. 763 also look at gold prices because they were under some pressure yesterday gold down about 1. 6 1,27 1,279. 50 lowes is recording 1. 05. Above the estimates of 1. 02. Three cents above estimates. The revenue number that im looking at, at least sales, 16. 8 billion thats a bit above looking at this forecast company sees fiscal year eps of 4. 20 to 4. 30 if thats not an adjusted number, its below the 4. 50 on the estimate here. 1. 05, three cents ahead. The company is supposed to earn 87 cents next quarter that would have gotten the company to 4. 50. They beat it by three, so they only need84 cents in the fourt quarter to hit that number maybe thats adjusted. If its not adjusted, its below the forecast maybe theres something there. The adjusted number may be different than the 4. 50. Looks like theyre lowering
Course, the uk down ever so slightly. 10year note yield hanging around what has been and continues to be that lets call it 1. 58 level. Crude oil down after a move up a bit over the last couple days. Although yeah, weve been around the 46 level for a little bit. Its been a level where when we get to 50, a lot of the Oil Producers sell a lot of futures and thats because they can thats a lot of debt payments. They sell futures and capture. Get back to 40. And then you see more cessation of rig count but rig count up 30 this year. Low base. But rig count, its very big since the oil took out the 50 level that one day. Im sure well get to more on oil and gas a bit later in the program. Our road map starts with the last trading day of august, thats today. Its been a flat month. Things could be ramping up in september. Apples 14. 5 billion tax bill from the European Commission is stirring up a lot of global concerns. Were going to take a look at what may be far reaching ripple effects and the
Todays battle for control and all of the issues at stake in just a few minutes. But first, we have a round up of the mornings other top stories. Joe talks about it. Oil prices falling sharply, expanding losses for a fourth session. Check this out right now. You thought this was bloody yesterday, down another 2. 6 this morning. 76. 70 for wti at this point. Saudi arabia cutting prices to the United States. The exporters battling for market share here in the Worlds Largest energy consumer, nation, also weighing on prices. Signs that opec is ready to curb outputs. Oil prices are down more than 20 from this years peak in june and, andrew, this is a huge deal because, in saudi arabia, they can produce that oem oil for about 30 a barrel. Here in the United States, if you start looking at fracking and some of these other techniques, its more complicated, its more expensive, and it costs somewhere between 6 0 and 63 on average to get some of that oil on the ground. Weve got the number of stock
Will justify the takeover. This is an opportunity to become the worlds number two player in the old index business. Mark carney is expected to unveil a host of measures to reign in lending now. And the latest ifo report forecast as growth stateside contracts more than expected. This as the two National Teams prepare to face off in todays highly anticipated world cup match. Youre watching worldwide exchange, bringing you Business News from around the globe. Hello. Hello, everybody. Welcome. Welcome to todays show. To todays worldwide exchange. Ive never worked with you in the flesh. Theres a first time for everything. This is lovely. I know. How long are you in london for . Im jetting off back to asia later on tonight. I think my family is forgetting what i look like. No, theyre all watching from back home, probably. Were taking very good care of him here. Were looking forward to the next few hours. We have loads of whats going on. Absolutely. Markets arent really reflecting it. We have
It is both a military mess and a political mess. Embattled iraqi Prime Minister Nuri Al Maliki made his first Public Comments since the u. S. Air strike, saying he will not step down. He says he plans to file a legal complaint against the new president for a clear constitutional violation. Troop movement overnight in baghdad had people wondering, is a coup under way . Is he starting one or preventing one . This is video of fierce fighting on the ground in iraq yesterday. Helped by u. S. Bombing raids, the Kurdish Forces overtook isis. Well have a live report from erbil, the capital in a few minutes. Scott has our top stories. Kinder morgan consolidating assets in a 44 billion, bringing all of the companys publicly traded units under a Single Corporation, rather than the current Master Limited partnership structure. Buzzfeed is expected to announce a new cash injection today that could value the company at about 850 million. The New York Times reports the online media startup just close