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Take a look at what happened overnight in asia. The nikkei up about a third a percentage point hang seng was flat, shanghai composite down red arrows across the board. Ftse flat at this point. Cac in france down by. 4 of a percent. The 10year right now looks like it is yielding 1. 63 those continue to wick up ground 30year 2. 1 the count down is on. Apple holding a launch event expected to launch three new iphones. Fee occurs may include upgraded processors and new camera functionality. We could see a new apple watch an apple watch was not worn bio d Odell Beckham hes in trouble for wearing a hard object. People still wear watches for different reasons. Jewelry anyway. Including streaming and service. I dont know what odell was using it for maybe he said, it is time i Start Playing better apple products working into team it wouldnt be a matter of cheating necessarily unless you ....
Good thursday morning. We again this morning with a round up of this normornings biggest shares report. Southwest saw rising cost for fuel we talked about this the last hour it puts a lot of pressure, especially on our competitors because they toents hadont havw cost structure we have they are a lot more exposed to increased Prices Energy prices are up 20 over the last several months. That could translate into to more capacity restraint. Meanwhile dow components caterpillar 3m helping to lift the dow. You know the cap quarter in and out. Some of these bag locklogs are rising faster than they can make the machines with General Electric we have seen better than we expected the the caterpillar call is starting right,0 now 3m was much better than expected is that profit taking a surprise why do you take properties now with expensing, full expensing now on the hoe rrizon . Such a ....
Decline but negotiations continue between two Food Industry giants. Unilever rebuffing merger proposal from kraft heinz in what would be one of the biggest deals ever. Plus stocks pull back. Was the record run for the dow and u. S. Markets overly bullish . And four weeks since taking the oath of office, President Trump tries to focus on jobs and manufacturing. Hell visit a boeing plant in South Carolina later this morning. First up though, kraft heinz looking to create a consumer powerhouse confirming it has made a takeover proposal to unilever. The initial proposals been rejected unilever saying it undervalues the company. But kraft says it looks forward to reaching an agreement with unilever, adds of course theres no guarantee one will be reached. We finally have some numbers to work with, david, and im sure you got so ....
John and gave us insight into mobile on squawk on the street. Take a listen. 75 of our gnb as well as 75 of the china Retail Market revenues come from mobile. So we have come a long way since two years ago when people were concerned about that issue but today we have just reported that our monetization of mobile users has exceeded the monetization. Alibaba shares up a little better than 5 . 4. 8 billion in revenue. 59 year on year we saw strong results and google putting its issues to rest. Have we reached a point just when it comes to Online Advertising and ecommerce where mobile is mainstream and investor concerns need to go away. This is the same transition that facebook made after the stock dropped and everybody thought their desktops were finished. Facebook figured it out. Stock is up a spectacular amount and mobile turned out to be a better revenue generator than the ....
Good morning, everybody. You are watching the pulse. Im guy johnson. Im francine lacqua. We are just getting some breaking data. The services p. M. I. Figures falling for october to 62. 3. What we were estimating is a 62. 4. Pretty much in line with expectsations. We had an encouraging figure from italy. The surprise of the day. P. M. I. Was better than expected. We were expecting a can traction. The number for the whole of the euro area an area of grips at the moment by the debate that seems to be raging within the e. C. B. Were waiting to see what the meeting looks like tomorrow. The news yesterday talking took into account fact that maybe we have a significant refor mario draghi to deal with. Well talk about that issue later on. A revelt about his transparency about his speech. Nevertheless a significant Political Development if you can talk about politics within the e. C. B. Lets take our politics in a different term. G ....