First half net profit jump for roche as they lift their Sales Outlook for the year the ceo tells cnbc the trend will continue into 2020. Given the strong momentum we have with the new medicines, we also expect growth beyond the current year and to be able to continue to overcompensate the effect of the entry of the bio similars. Astrazeneca shares hit a record high as they beat Second Quarter estimates. The ceo hales strong growth in cancer drug sales. It was a growth rate of 19 this was driven by oncology Franchise Growth of 58 . We got to 4 billion for the first half, china grew by 35 . So very great driver of growth for us and ab inbev beat Second Quarter forecasts as beer sales grow at their fastest pace in five years, while diageos ceo tells cnbc a taste for gin is boosting performance a lot of that growth is coming in the early evening occasion from ill call it boring wine an boring beer an beautifully served tangaray and tonics have a beautiful space to play. Just some of the la
Recovers. No one knows why. The question is was it all the algos . Emma chandra is here with first word news. Vladimir putin will have one less opponent in march. Russian officials formerly formally barred the Opposition Leader from running because of a conviction in a fraud case which has been viewed as political retribution. He could have run if his conviction had been canceled. A Spokesman Says the kremlin is concerned about the possibility the u. S. Might extend sanctions against russia. That took effect in august calls for the treasury to compile a list of business asders of the Companies Seen close to the kremlin as potential targets for sanctions. Last week the u. S. Added the names of several prominent russians to the list. Almost a year into Donald Trumps presidency the border wall he passionately promoted throughout his campaign amounts to eight prototypes. No more than 30 feet long each in the desert outside san diego. No funding has been appropriate by congress to advance t
Fiveday losing streak for stocks in some six months. Worries about chinas market meltdown and earnings here at home unsettling investors. Josh, is that really whats at play and what has more weight on the psyche of investors, or china . I think the china thing is really weighing on the psyche of investors but its important to keep in mind whats happening in china is really happening against the backdrop of a weakening picture for the market and the reason why thats important to people outside of just a handful of technical analysts is that people actually own stocks and when they look at their portfolio every week, they see less and less of them green, more and more of them red. You see this in decline, highs minus lows, up volume versus down volumes, the percentage of stocks above their 200day moving average. That number continues to plummet each week. People feel less and less good about the advance. And now you have this eightmonth consolidation period where stocks essentially have
The first half of the year and hikes its dividend. The ceo says the move is driven through growth in the global indices. Our Financial Performance warrants returning a little more money to shareholders as we now have the financial strength of a Company Operating across all the major continents generating a lot of cash. And shares tumble as the cable business sheds customer. This despite hits like the avengers. Welcome everyone to the show im seema mody with euro zone manufacturing and services numbers. Data breaking right now. July final euro zone composite at 53. 9. Services number coming in at 54 versus the forecast of 53. 8. We have been hearing from various countries across the euro zone. Mixed data so far. That service is coming in at 53. 8 while in italy their Services Sector is slowing down in the month of july. French Services Manufacturing activity in july hitting a three month low. What does this mean for the currency market . Well, you can see the euro trading at 108 against
What here we go back to the new normal each as the torrential rains continue to wreak havoc on life in texas, after opening down big, i mean like big, horrible the averages had a huge turn, with the dow bouncing almost nearly 200 points, closing up 57 points s p gained and nasdaq climbed 0. 3 it was quite a turn around that could have some follow through so whats the new normal that drove todays action, including the intraday comeback. Americas not the worlds policemen any more sure, an attack on japan is like an attack on us. But if north korea ever sends a missile at japan instead over it, that missile needs to be headed off the question here is who pays for the Patriot Missile system the answer, trumps views on Foreign Policy is easy you can expect japan to pay and theyll be buying the missiles from raytheon. I know the rally seems long in the tooth, from lockheed to the often asked about cratos if theres one thing countries will keep spending money on, its defense now that north ko