Fourth quarter profit rising 3 . U. S. Strength offsetting weakness elsewhere. News corp. Swings the 4th quarter loss but beats estimates as cost guiding in its News Division does pay off. You are watching worldwide exchange. A second hour of our show. Futures higher across the board in premarket trade. The dow up about 58 points. Nasdaq up 55. Positive earnings could help the index move higher but the chinese yuan extending its losses for the third day despite wednesdays intervention by the central bank. We have been keeping an eye on asian markets that did close higher across the board. What does that mean for the global index but right now its higher by 14 or 15 points on the day. We are slightly higher in todays trade. A big move to the upside. A rebound if you will. The german markets have been impacted by that move taken by the central bank to devalue the currency but some of those names coming back in todays trade. Thats helping the german index move higher by 1. 5 . The french
Halt. The data not voting well for euro zone member which is are due imminently. Deals galore from goldmans. The invest ment bank selling its mines. And inturn buying deposits from ge capital. So that has come out. We have gdp from the Second Quarter at 1. 3 . Thats in line with expectation and an improvement from 1 the previous quarter. Thats the year on year number. The quarter on quarter number has come in at 0. 3 against a forecast of plus 0. 4. So fractionally below expectation which is some what in line with germany and italy earlier. They were both fractionally below expectation where france was significantly below and spain was significantly ahead. Overall the gdp number below expectation. Lets talk about the health of the consumer. Were just getting a look at the inflation picture in the euro zone. Consumer prices falling 0. 6 on the month. Rising 0. 2 from july of last year. Thats in line with expectations. Of course well below the 2 target that the ecb put in place as the me
Amazons Ceo Jeff Bezos dismisses a New York Times article outlining poor working conditions, saying claim did not represent the company he leads. On our radar, at t helps spy for internet traffic for years. Youll get that full story in a couple of minutes. And the fourth is the disney ceo confirming the Star Wars Franchise is getting its own theme land in the largest expansion ever at disney parks. And you are watching Worldwide Exchange on this monday morning. Were indicating a slightly higher open with the dow up 2. 6 points. Nasdaq up about 8 and the s p 500 seeing a marginal gain. Some of the best performing sectors last week, interestingly enough, are the worst performing sectors yeartodate. Kweer talking about materials and industrials gaining about 1 . A lot of focus will be on the economic data. We get a report on employment and manufacturing data will be a part of the story. In the meantime, we see the global 300 index basically flat on the day. A lot of investors reacting to
Around the clock. American apparel seals a 90 million deal with creditors to avoid default. This after they warned about operating cash flow amid operating sales. Coming up on the show, we reveal why bill gates is staying behind at the office. Plus starbucks are filling up its cups with something a little different than coffee. We take the lid off the plans. And snapchated at jury duty. One gop candidate takes a day off campaigning to perform his civic duty. Stay tuned for the details. Welcome to the show. U. S. Futures pointing to a lower open. The dow down 28 points. Mixed set of housing data out yesterday. That manufacturing number that killed the market at the open but then the home Builder Sentiment number providing a boost to equities but Global Markets are taking their queues from asia. On that note lets take a look at asian markets. Theres been a sense of anxiety surrounding the Chinese Markets after we got the latest moves to intervene on the currency front. Its another down d
The shares dropping to the bottom of the ftse 600. The ftse at a low. Glencore with a quarterly loss but beats low bar expectations. Hi, everyone, im seema mody. Coming up, guess which stock is up over 1,500 from the ipo price. Heres a clue, the company went public 11 years ago. Infidelity confidentiality. And a fire nado whips through shooting flames up to 100 feet in the air. German lawmakers prepare to cast their vote on a greek package presented on friday. This after 60 lawmakers in the conservative block voted against or sustained in a test vote. Thats according to reuters. Fitch upgraded greek debt one notch. They say risk to the deals success remain high. I suppose all eyes on the german vote. Its the key one in terms of significance although other votes still take place around europe as well and, in fact, the dutch one most likely to be that way. People said this is going to be a test for Angela Merkels conservative blog. Its not. This vote is going to go through. It could be a