Europe is steady powell makes some remarks later on tonight road map begins with megadeal monday lvmh announcing a deal to acquire tiffany. Charles schwab buying ameritrade, 26 about the all stock deal it will combine the companies the two biggest publicly discounted brokers will have more than 5 trillion in client assets ebay set to sell off stub hub for 4 billion david has details on that. Lets start with this Historic Deal in luxury goods lvmh will acquire tiffany. The deal is worth 135 a share, two Companies Expect to complete that deal by mid2020. I assume you can fill us in on what is going to happen to the brand, synergies and all of that. Listen, i mean, it is an important transaction for lvmh, which tried twice before as my understanding and not been able to get there had done it privately. From a m a Strategic Point of view, this went about as well as sort of it had been could have been hoped for from both sides. Seasoned advisers on both sides, who i think i thought they wou
He hit everything and anybody, go ahead. Maria quite the scene inside and outside the rally, of course, breaking news this morning, oil prices, markets are moving this morning after missiles hit and Iranian Oil Tanker, saudi port city of jetta overnight, iran state media, leaking crude into red sea, iran says the situation is under control now, the ship crew is safe, key shipping route for global oil industry, lets talk about that, here oil prices up and 3 quarters percent, reaction here. Look, this is just an isolation of tensions, we dont neglect that, its unconfirmed. Theyll be a marginal strike in prices. Thats right, we saw that attack on saudi oil field, we got spike up in prices but it didnt sustain, so i dont see this being i think this continues, but i dont see it as being sustainable higher earning. Maria in terms of resilience of the u. S. Given the supply thats coming out of america right now. Dagen as long as ive been wearing a microphone and makeup sitting in front of a c
Relatively mixed loyal shares on track for their worst day in nine months after top line growth misses the mark in the Second Quarter dont miss our interview with jeanpaul agon at 11 30 Central European time. And apple shares jump in afterhours trade after beating expectations and returning to growth in the Third Quarter but iphone sales miss estimates. A bit of a mixed message in the european markets the xetra dax performing relatively well as is the ftse mib in italy the cac 40 in paris and the ftse in london in the red its the thick of earnings season in europe a lot of these numbers being driven by whats going on in those various markets. As we talk about some of the companies that are in focus in the thick of therapyings season, you have major reports from the financi airli airlines airfranceklm up strongly after posting a 15 rise in quarterly operating profit loreal over here in the far right corner for me is trading near the bottom of the index after posting weaker than expected
A political crisis one that the country has not experienced since the federal republic was formed after World War Two for the first time there will be no new government in berlin after eight weeks Government Coalition talks aimed at forming a socalled Jamaica Coalition of christian democrats liberals and the greens have collapsed. We believe we were on a path where we could have reached an agreement said chancellor Angela Merkel and thats why im sorry we could not find a common solution kind of mines on the news and fin klyn. Chancellor merkel stands empty handed and this doesnt suit french president amanda macron who has big plans for europe he wants to comprehensibly reform the e. U. But he needs germany at his side some of his most passionate supporters like the british and shawn tully worried that without the support of their teutonic neighbor europes future could look bleak. Robust relations between paris and berlin are vital for a strong europe thats the firm belief of labor from
A very warm welcome to focus on europe im Michelle Henery germany is in the midst of a political crisis one that the country has not experienced since the federal republic was formed after World War Two for the first time there will be no new government in berlin after eight weeks Government Coalition talks aimed at forming a socalled Jamaica Coalition of christian democrats liberals and the greens have collapsed. We believe we were on a path where we could have reached an agreement said chancellor Angela Merkel and thats why im sorry we could not find a common solution trying to get my hands on the news and fin klyn. Chancellor merkel stands empty handed and this doesnt suit french president amanda macron who has big plans for europe he wants to comprehensibly reform the e. U. But he needs germany at his side some of his most passionate supporters like the british and shawn tully worried that without the support of their teutonic neighbor europes future could look bleak. Robust relati