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Been. I think the 10 moves weve seen n any direction, 4 on an up day is a little bit of a sigh of relief on this friday. We begin with the highest toll from the coronavirus is in italy. Chinas ntry surpassing numbers. Italian fatalities topping 3,400. Lockdown nationwide continues. Europe at the epicenter of the disease. France reporting a 41 rise in deaths. 28 . , an increase of now, here in the United States to california and the Governor Newsom ordering the entire state to selfisolate at home. Thats 40 million people. Far the move is the most stringent measure in the u. S. To curb the spread of the virus, allowing people to leave their homes, but for groceries and medicine. Otherwise, social interaction is limited. Businesses, by the way, not deemed essential are closed. Negotiators of postbrexit trade talks are now isolation because of the coronavirus after showing sympto ....
Lets get into these results from samsung. What was the offer . Not as impressed as the shareholders are. They seem pretty impressed. I think there is a lot of concern they need to be aware of. First of all, the chip business really fell off a cliff. Operating profit really fell a lot. The other thing is the smartphone business had a good quarter. It was the secondhighest sale on record for that division. Incomecompare operating versus a couple of quarters ago, operating profit was a lot lower. Margins a lot worse than it had been in the past. They said themselves this quarter, the fourth quarter, they would see a deterioration, not only in shipments, but also a have bees. What they ship will be the cheaper phones. Not the flagship stuff they had in the first quarter. The cheaper stuff. Those are the landmines investors need to be worried about as we go into the next. Components are weak and their products are week as well. It definitely is downbeat, a column this morning. You sum up by ....
i am francine lacqua here in london. a lot going on in the markets. of course we will continue to follow credit suisse after the resignation of tidjane thiam. downside,it to the but starting less than they were at half an hour ago. u.s. jobscus on report today for any indication earlye could have seen signs of the virus impacting u.s. economy. we are not expecting anything on that. it is actually quite backward looking, but we do follow any corporate news to see whether they lower their forecast because of what is happening in china. we had burberry do that earlier. renminbi.e let s get straight to first word news with viviana hurtado in new york city. viviana: we begin with the coronavirus. the chinese doctor who warned about it back in early january has died. . weeks ago, he was visited by police and sanction for rumormongering. his death is now one of the 630 plus now reported. the number of coronavirus infections climbing to more than 31,000. beijing is lashing out ....
Well. The youre is lower, bonds, commodities and cts your final klee columns. G. M. Has sold its business to ferriero. The price is 2. 8 billion. It is the first substantial step away from the candy industry. It includes butter finger and baby rutta brands. It is the First Investment since Mark Schneider since he took the helm last year. Nestle focusing on health, coffee, pet food and water. That is nestle. Lets talk about emerging market equities. Theriot rising today, highest in almost a decade. Stock contrarians are warning the good times may not last. The chief executive of doubleline says the rally in the dollar will probably be a setback. Goldman sachs and ubs has cited a possible downturn in the sector. But the msci emerging markets goes from strength to strength as evidenced by this chart, as well as the saudi stock benchmark, climbing today, highest level since oct ....
For the week. Vonnie 1. 5 Million Dollars worth of savings will help contribute because this is an allcash deal. An exciting day for the industry, specifically when you consider that they have been trying to consolidate and there are so many unsolicited bids between companies, monsanto included, and now monsanto is on the receiving end. Jon and the potential of that deal is being reflected lets get you up to speed on markets. Futures where are we . Im not sure we are that saw on the dow. We will update you on that in a moment. S p futures down. That is one year and not intraday. Moves, theyraday are your oneyear moved spirit lets switch up the board very quickly. Hopefully they are intraday moves through they are one year moves once again with euro down. That is the reality today, down by 10 over the last year. Around thes go world and check in with our Bloomberg Team for in ....