Manus welcome to countdown. Anna welcome to the program. It has just gone 6 00 here in london. Lets get straight to these baking raking numbers. The fullyear profit at ryanair has missed aphis estimates. Ryanair fullyear net profit has come in at 1. 24 billion with investment of 1. 28 billion. The revenue number has come in at 6. 45 billion. Average fares are down by 1 with unit cost excluding fuel down by 2 . Their specter to give something of a cautious outlook. Some rehab headwinds facing this particular industry. The fullyear 2017 net incentives have been 1. 47 billion so it looks like ryanair is guiding the consensus number of little bit low. The company is saying 2 better looked year on year for the peak summer months. We will get a chance to talk about how the summer is looking for ryanair, what the impact has been in paris and brussels. Olearysl get mark thoughts on what happened to the egyptair flight. Theres a lot to talk to him about. The topline line fullyear profit just mi
Speaker, i had meetings this morning. Other than one meeting with her metastudent queen, the diary for the rest of my day is remarkably light. Other than one meeting with her majesty the queen. Thank you very much, mr. Speaker. The Prime Ministers congratulations to Andrew Murray and all the other winners. May we thank the Prime Minister for all his hard work and his leadership. And particularly his commitment to the union and to Northern Ireland visiting in auckland and swimming to working with the next Prime Minister. Im told there are lots of leadership roles out there at the moment, at the english football team. Top gear. [laughter] even across the big pond a role that needs filling. But if i can go to my pet subject, brexit really threatens Prime Minister cameron in your own time. Brexit threatens the unions. Will the Prime Minister work with his successes to ensure we have somebody that is going to pull together all the countries of the union and the overseas territories and make
Us. He thinks oil has also bombed. This year hell lay out his case coming up. Also apple giving a nice boost to the dow today. In fact, its the best performer. Its up more than 4 right now after word gout out that Warren Buffetts company. Also Julia Robertson has reduced his stake. Lets start with oil prices rising. Goldman turning bullish. Previously one of the most bearish forecasts over the past year, now saying prices could go to 50 in the next half of the year because of an oil deficit interestingly enough. And the oil market has gone from interior soaring saturation to being so much earlier than expected. With us now is anthony row sanity. Its the highest since november, right, so clearly the market is moving in a more positive direction here but how stable is it . You know, thats the big question, kelly. How sustainable is it. Its up 700,000 barrel as day. The weak dollar are driving this higher. After the summer it remains to be seen. How did we go from such a huge surplus to a
About six points and the dow futures are down by 43. Overnight in area, the nikkei was down by 1. 6 the lesser gains for the hang seng and the shanghai composite which finished almost flat. If you want to take a look at early trading in european markets, across the board, you see some red arrows. The dax in germany down by. 7 . 75 decline for the cac in france and the ftse is down by 1. 3 . Take a look at crude oil ahead of tomorrows opec meeting. Oil was up 20r9 month, but you can see the wti this morning is down by 1. 5 to 48. 36. ] p e much more on that opec meeting in just a moment. Here are the big stories we are watching today. In corporate news, softbank selling at least 7. 9 billion in shares of alibaba. Softbank is softbanks largest shareholder. Its staples dropped now from 30 to 28 . Shari redstone says she has no interest in managing viacom. Red deny stone says on todays economic agenda, april Construction Spending out at 10 00 a. M. Eastern time as followed by the feds beig
And shes not endorsed him and unlikely to now. And theres a record and Political Risk for president obama. Investors do not despair, big move up for stocks tuesday and this wednesday morning theyll go up some more. Oil, close to 50 a barrel. Some people think thats good. Were not so sure. Varney company is about to begin. blee bleep there you have it. Violence and protesters actually threw rocks at fox News Reporter jonathan hunt. Clearly it was a leftist violence in albuquerque and waving the mexican flag. More on that in just a moment. There you go. Hit in the leg with a rock. Now, look at this. Weve got the dow jones average at the opening bell this morning will go up roughly 60, 65 points and the price of oil, look at it closely, thats pretty well, its close to 50 a barrel. Now, look at tiffany, its the latest retailer to disappoint. Sales down in every region of the world. All right, liz, this is where the wealthy buy their jewelry. Is this part of the retail ice age as well . Liz