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It is still mixed. Analysts in the reports use words like mixed, mediocre and unimpressive to describe the result. Unlike Credit Suisse, we did see ing miss. They are feeling the pinch of lower Interest Rates. Google, herbert stumble for them. Google, a rare stumble for them. We saw staples in europe followed by utilities. Switching to the negatives, these are more telling. You will see oil and energy and materials have the worse earnings, basically seeing the growth drop by nearly 30 for energy. And more than 35 for materials. Thank you dani burger. We had more breaking news on the bloomberg. Let me bring you these numbers. It is at the low end of guidance. Cost of fx is up. Thirdquarter sales come in at 32. 8 billion danish krone. Ever so slightly soft, in line on thirdquarter sales. Thirdquarter net income, 10. 1 danish krone, that beats the estimate of 9. 6. The red headli ....
Plenty more on all of those stories online, or you can find them on the bbc news app. Now on bbc news, live to singapore for Asia Business report. Recession and safe havens. As bond markets flash red, are the n and german bonds the best place for your money . Hong kong brand witch hunt. Why Fashion Companies are rushing to apologise to china. The yen. It isa apologise to china. The yen. It is a friday, almost the weekend. Good morning, asia. Hello, world. Glad you could join us for this exciting addition of Asia Business report. Im rico hizon. And exciting overnight action in Global Markets as the us bond market flashed a key recession warning. Sent more investors into safe haven assets as the us china trade war and uncertainty over brexit continues to weigh heavil ....
Teleconference releasing results of the Fourth Quarter ceo outlook survey. Finally today, the International Olympic committee will meet in switzerland to decide on russias per dissipation in the 2018 games and south korea. Their decision is expected at 1 30 p. M. Alix that will be interesting. David there is a drug thing going on. Alix i would like to be a fly on that wall. Top stories this morning with first take, Deutsche Bank, tax reform and brexit. Joining us is the editor in chief of Bloomberg News and our chief content officer. Marty, what is Robert Mueller trying to ascertain with a subpoena . We do not at the question of the relationship between D ....
Also good news on the cholesterolfighting front. And has the perct car been finally created . All of those things and lots, lots more today. Tyler is out today once again but Kayla Tausche joins me live at the nyse with bob pisani. Hi there, kayla. Hey, mandy, great to be here. We are watching the markets in rally mode. Mandy ran through just how historic the gains were seeing are. Put this in perspective. Just the fact that the dow has risen, what, 1,000 points in two days . 1,000 points in a day and a half. The s p is 100 points. Youre seeing some numbers youre not going to likely see very, very often. I havent seen them. Ive been here a long time. Look at the s p 500 melting up here chasing stocks here. Weve got to get them because theyre running away from us. Thats what it looks like. Its been a long week. But let me show you the markets today. Were getting strange numbers again. Heavy volume but not as heavy as the last few da ....
In texas. Mark fema administrator brock long says the agency is focused harveysn the wake of Second Coming is on search and rescue. He gave an update today on the situation on the ground. More than 50that counties across texas had been impacted by the storm. He added that fema is ready to support efforts in louisiana, which he said still is not in the clear. After dumping a record amount of rain in houston, harvey has a landfall again, this time in leicester louisiana west in louisiana. At least 22 people have died in the storm and we expect that number to go higher. E than to any thousand the 200,000 people are in shelters. Meanwhile, 21 of the nations oil refining output is offline. Officials say it is too soon to know that the thousands of houston area homes can be rebuilt. Some homes have been flooded with as much a six feet of water. The counties flood Officials Say these ....