Sell down on a slight earnings miss despite the dividend hike a better connection for bouygues and the fed sparks a fresh bond market selloff with Janet Yellens final minutes pointing to a more hawkish rate hike approach, amid an improved Economic Outlook we are just getting the german ifo data out. Expectations came in at 105. 4 in february versus the Consensus Forecast of 11 110. 107. 9 the Business Climate index came in at 115. 4 versus a forecast of 117. All of the components of the ifo seemed to have dropped here. Thats coming off very, very high levels back in january. We had high levels back in januariment ty men january. The manufacturing component rose to a new high. Im curious to see where the Capacity Utilization number came in its up at 87. 9 versus an average of 87. 3 still above the longterm average. That Capacity Utilization number is crucial when you think about some of the inflationary pressures that could emerge in germany. Also switching to the construction, i would
Welcome to countdown. Breaking news crossing the bloomberg terminal from Deutsche Telekom. Caroline hyde is here. Basically in line with basically flat on last year. It is in line with where analyst had been expected. Sales were tiny bit weaker than had been expected. Analysts wanted 15. 2 billion euros but sales flat on the previous year. This is a Company Facing intense pressure in terms of prices. They have stronger competitors. Its going to up the ante in terms of pricing competition. The chief executive has vowed to revitalize the company, particularly the european operation. The biggest setback of course all over the news yesterday is the u. S. Unit. What will happen after sprint walked away . Sprint walked away because of concern about regulation. They were looking to merge the number three and number four players in the u. S. The regulator came out with a statement yesterday evening saying sprint has to focus attention on the competition in the u. S. And they are quite happy wi
Hello, welcome to countdow. It is 7 00 here in london on this monday morning. Vodafone is looking at a link with liberty global. And talks to buy the portuguese assets. T is all pointing one way analysts expecting a wave of consolidation in the telecom space. Here with more is caroline hyde. Lets start with bt. It has set the cat among the pigeons. It has. We understand it is looking at 02, getting a grip on mobile. It is about quad play. This is the choice of words we use when it comes to telecoms. You have to have all four things if you want to win it. It offers television. Rather nice soccer rights. It now wants to offer mobile as well. The u. K. Is bizarre. We dont often have all four things rolled into one. We like to pick and choose. The way you can make money, the way you can have synergy and stop people moving to rivals is having all four things. Is considering teaming up with its old rival, liberty global. Remember, they used to battle over assets in germany. He were trying to
Im guy johnson. And im francine lacqua. We will be talking about tech. Were taking you to the consumer willronics show where we show you an app that makes your home smarter. Continues tovortex wreak havoc on the United States. Chicago set a record with a temperature of minus 27 degrees celsius. That was colder than the south pole. The high in new york will struggle to reach a high of 18 degrees, creating chaos. Itsetblue airways suspended operations overnight, contributing to the cancellations of thousands of flights. The weather is also testing Americas Energy capacity. Grids have tried to bring more capacity online. Temperatures are life threatening and can freeze the skin in a matter of minutes. Moment, if youre in that region, stay indoors. Talking of warm welcomes, the treasury secretary of the United States, jack lew, managed to avoid the travel delays by the u. S. Weather. Using harris today. He is meeting with the french resident Francois Hollande and his finance minister. Are
This is the pulse, live from london. Step for mankind, one giant leap for Bloomberg Television. Breaking down the business of zero gravity. To our top stories, Francois Hollandes visit to the u. S. Begins today. Politics, taxes, and Technology Top the agenda. Man is pretty joins us with more. This is very important manus cranny joins us with more. This is very important after his personal scandal. No drama obama white house. On a more serious note, the protocol is not top of the agenda for Francois Hollande. The worst ratings of a sitting president , below 20 . A personal mulling a personal mauling in the press over his private affairs, and in the press someone who increased millionaires. He has 70 industrialists with him. Apany that kerry i company that carries more people, alston ceo. Iran, theria, ukraine. They are very in line with the u. S. , they are hawkish. Is pursuing Tech Companies for over . 25 billion, he wants to curry favor. He is a contradiction in so many ways. A very u