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CNBC Street Signs July 12, 2024

Forecasts. The top lines are up. Revenues up 4 if you look at the activities. Despite the impact iag luke to raise 3 billion euros and klm unveils an operating loss sending both shares into the red. Six years of growth wiped out in spain as gdp drops in the Second Quarter but the French Economy shrinks less than expected down 15. 8 . Happy friday welcome to street signs. Weve got a lot of earnings to get to lets talk gdp first weve heard from france and spain. Now numbers from italy preliminary q 2 gdp slank quarter on quarter less expected a value. Theyve advised their q 1 estimate of 5. 4 contraction quarter on quarter and 5. 4 year on year. Slightly worse than anticipated. Q 1 marginally worse but q 2 better than expecting. An unprecedented slump for italy but the takeaway better than analysts had feared. Not quite as grim as the market had been bracing for looking at the ....

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BLOOMBERG Bloomberg Markets European Close July 12, 2024

Coming up for the rest of the hour. The chairman and ceo of train technologies trane technologies, they do hvac. We will talk about how you recondition all of the airconditioning units that we have to allow us to basically eat and drink inside. A really important conversation as we think what will happen as we approach the autumn and fall. What will happen to the service side of the economy. The banks are in big focus. 93 man sachs reporting a surge in revenue on the stocks and bond trading in the Second Quarter. Highlights is our bloomberg wall street reporter. They have a lot of questions about the m a environment. Goldman the lead m a advisor. The backlogn saying is higher, but he expects activity to continue in the next two to four quarters. , but we will see them come back. There are a lot of uncertainties. One question was about the election season. Solomon warned that is a ways away. As we know in the u. S. There are major ....

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