Suffering a record drop. Earning season is in full swing. Pharmaceutical giant merck topping estimates but cutting its guidance as the coronavirus pushes the rest of its portfolio to the sideline. The ceo ken frazier will join us for an exclusive interview in just a few moments kelly. Looking forward to that. Health care and tech are two of the stock sectors leading stocks lower today. Lets get to bob with a lot more for us just the fact were up three points on the s p is remarkable. This is the second day in a row this has happened. I cant remember when but were down 1 or 2 on all the big names. Microsoft and apple, google and amazon look at all those stocks down. The s p is still up 3 the reason were up is because banks and industrials have helped out today look at these industrials. 3m is seeing growth in some of the safety the blue angels just flew over theres a big roar outside pepsi, xerox, u. P. S. , Harley Davidson withdrawing guidance. Here is a list of the companies withdrawi
The stoxx 600 are flat. The focus is on trade. I would like to point out eurodollar is the one we are watch out we are watching out for after some pretty concerning news out of germany. That was the employment figures. Coming up on bloomberg surveillance, we will talk about the outlook for u. K. Assets. What happens next in the bond market. Lets get to the bloomberg first word news. Viviana Prime Minister Boris Johnson denies he broke the journalist groped a journalist 20 years ago. The year overshadowing Conservatives Party ifservative parties brexit gets delayed he will not resign. I have undertaken to lead the party at a difficult time. I am going to continue to do that. Have a responsibility to do that. I think it is our job to get brexit done on october 31 but to move the country on. Viviana donald trump is calling for the impeachment inquiry to be questioned. He demands he meets the anonymous whistleblower. U. S. House Speaker Nancy Pelosi telling cbs news she is asking President
Market shares. Unicredi, i, it is in the g and raising guidance for the full year. Its a record. Its the 13th quarter of profitable growth. We are getting ahead on profit for the year. In addition to that, we had a positive surprise on systems in charges. We are 200 million better than expected. Infinion cuts the fullyear forecast, but details the cost saving program. We have to confess compared to the previous fullyear guidance, we had to lower our expectations. Previously, we were guiding for 16 billion in revenues. Now we are guiding down to 15. 1 billion. Energy complex quarterly profits fall, but the giant still confirms a 1. 7 billion buyback. Good morning. Welcome to street signs. Taking a look at the European Market right now. We are seeing a green day across the board. We are looking at ubs which has blown past estimates with earnings per share at 52 cents. More than double expectations and reporting net profit at 1. 8 billion. Silvia has more from zurich. Silvia. Reporter goo
Firm darktrace in a deal worth 5. 3 billion and airbus slides after the plane maker posts a miss after ramping up production in a bid to extend its lead over boeing if you look at our order intake for q1, which was 170 units. Half of that from the a350. That momentum we see to continue good morning happy friday yesterday, i was telling you we have about 300 Companies Reporting across the european continent. Today, you might be thinking is it a quieter day not really we have 100 Companies Reporting, but investors are monitoring data from the United States as well as the meeting from the bank of japan. With that context in mind, i want to take you to the stoxx 600 and how it is trading at the moment we have the benchmark in europe trading higher by. 6 . The index closed down. 7 yesterday. I want to take you to the boards because we have seen an interesting picture when it comes to the ftse 100. Today, we have the benchmark here in the uk trading higher by almost. 5 the index has been tra
Particularly those aimed at dealing with those who sponsor terrorism. We also have sanctions against countries that are violating our International Norms on democratic principles. Russia is top on that list. And im going to ask you questions for the record as to your views on the current sanctions and strengthening sanctions. Bipartisan legislation to strengthen the sanctions, particularly with russias attack against americas democratic election institutions. But i want to make sure i understand. You are committed to enforcing the sanctions against russia. 100 so. And i think the president elect has made it very clear that he would only change those sanctions if he got, quote, a better deal and we got something in return, whether it was on nuclear arms or other areas. But yes, senator. And in response to the question that was asked about using the irs, make sure it was not used for partisan reasons, you will enforce these sanctions without regard to a persons Party Affiliation or offic