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Package. El wanted 500 billion, but the hardliners were said to be pushing for as little as 350 billion. Grants ase amount in opposed to loans that countries like italy, that stricken, would have to pay back. Bloomberg eulling hardliners are ready to accept 390 Million Euros in grants so a deal can be done. A mixed picture for stocks amid a spread in coronavirus cases. Infections hit a daily record as a u. S. Congresswoman calls floridas outbreak out of control. Underways in getting in europe. We will see how the pandemic impacted phillips when we get their earnings and we had to zurich as there is a big week for the banks. Let me just tell you quickly that we have phillips earnings, Second Quarter revenue four point 4 billion euros across the bloomberg, the estimate was for four point 31 so revenue beating the estimate as far as earnings are concerned for philips. The earning ....
In the u. K. , Prime MinisterBoris Johnson defends his handling of the crisis. Phillips is set to produce 15,000 ventilators per week to ease shortages. This phillips number coming through. In terms of what we are looking at, 4. 2 billion euros. Estimate 4. 16. A little bit off a beat. Phillips said it wont provide 2020. Pecific guidance one of the questions, whether they would suspend that guidance for the rest of the year. They could not really quantify the impact or duration. Manus they had gone for a comparable target this year of 46 . They are aiming for cfg. Rise in 2020. In First Quarter comparable sales, what they are doing in terms of the respirator business, then there is the rest of the world to think about. Comparable sales are up nearly 23 . Billion,arly 44 significantly below the estimate of 289. At 6 30, he ....
Corporate bellwether. Manus warm welcome to zurich. The numbers hit the tape. Of linesa couple coming through. Net profits recovered considerably after a challenging 2018. Net profit attributable to shareholders, 343 million earnings per share. Adjusted net profit, 398 million, an increase of 18 p. M. When it comes to the numbers that matter, it is net new money, 6. 2 billion in net new money. Course thes of Succession Plan and julius baer. He will join me very soon in the next hour. 1. 7 years ago. To 400t this building up billion swiss francs. He joins me after 7 00 a. M. Some people say he spent two years, nearly two years, tidying it up. What will rickenbacker deliver . Million in net profits. The adjusted net profit, 390. 5. It is all about changing the nejra cehic julius baer. How changing the story act julius baer. T changing the story and julius baer. Nejra secondquarter revenue coming in at 4. 7 billion euros. Estimate w ....
Failing to complete safety recalls. The carmaker will now be monitored. Welcome, good morning. Im caroline hyde. He has some breaking news from ubs the bank is publishing secondquarter results early. Lets get out to ryan, at the breaking news desk. Ryan 1. 21 billion is the net income, 53 from what they did last year. Thats better than what analysts were expecting. They expected something closer to 900 million, and the reason is private Wealth Management. Sergio armani issued triumphant earnings today, saying he was very pleased with how things were going. They cut costs and obviously revenue is coming in well. Capital rates shows the company staying above target 14. 4 . These numbers came out earnings came out over the weekend in the swiss newspaper and it left a lot of people confused. Ubs this morning said it also misled people and that is why they moved their earnings up. It is kicking off a very busy week for the bank. Car ....
7 00 if youre watching in amsterdam. Get to the phillips breaking numbers. , 374 quarter adjusted million euros. They are saying that the lighting separation process is well on track and that is a key topic of conversation. They are trying to exit the lighting business. Whether that is an ipo or a sale. How well is the medical equipment part of the business doing as they are trying to suffer out the lighting separate out the lighting part . They are looking to streamline their costs, adding on Servicing Agreements and incorporating more technology into their health care products. They have hired banks to prepare for this possible ipo of the liking business. We will speak to the chairman and ceo at ex 40 this morning on countdown. Just for a little bit of comparison, that revenue number looks to be ahead of estimates. That is the Early Morning earnings season that started ....