Hello. Welcome to countdown. Im mark barton. Im anna edwards. Im manus cranny. Coming up, the new head of luxury of a watch business. 6 00 in london. Lets get straight to breaking news. They are saying the net loss is forecast at 170 billion yen. The focus goes to the forecast the company is making for the full year. It has been reduced to 170 bil lion yen. Things moving in the right focus there. A lot of focus also on how the image sensors business has been performing. Those are the headlines coming out of sony. Give us some details. Good to see you. Hi, anna. The net loss forecast narrowing. 170 billion yen. Actually beating analyst asked miss estimates. Analysts have been pretty optimistic about sony this time around. Analysts recommendations are putting the stock at this is just a preliminary outlook for sony. Theyre counting system was disrupted at the company some studio. There is key data like smartphone tvs that people have been waiting for come especially the smartphone busine
Territory record territory. The nasdaq worth keeping an eye on inching closer to 5,000. Its been the outperformer. We may be talking nasdaq 5,000 by next week sometime. Lets get to the Closing Bell Exchange exchange. Kim forrest is here, so is Peter Andersen from Congress Wealth management. Kevin carrone, ben willis from princeton securities joining us on the floor and Rick Santelli is in chicago. Lets start with Michelle Carusocabrera. Is she there . Im here yeah. So we have an agreement of sorts. Its just an extension, but do you sense were making some Real Progress this time around . Well the headline is that the greeks have caved on nearly everything it appears. They were never going to be subject to more reviews by the eu, the im f, and the ecb. Now theyre going to be subject to reviews by the eu the imf, and the ecb. They were never going to agree to commit to the current program. They have agreed to commit to an extension what happened to all the saber rattling when the new regi
A train carrying crude oil derails and catches fire in West Virginia. The second Major Incident involving an oil train in the past few days. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Lets get to our top story and the Athens Stock Exchange is down 3. 3 . It follows significant declines yesterday. That followed a positive return of 23 . Last two days seeing it turn markedly. Lets look at greek bond yields also showing a spike in yields surrounding the situation. Ten year just shy of 10 and three year moved over 1 today. This after another round of talks between the euro group and greece over its bailout broke down. The finance minister called demands that athens would complete the program as absurd and unacceptable speaking this morning as he arrived. He remained confident that a deal would remain reached. Next step is the responsible step. Europe will continue to deliberate in order to enhance the chances. The euro Group Chairman has given gree
The brink of collapse. The israeli Prime Minister heads to the u. S. And u. N. To tell them he wont be taking in bay ryan as one is arrested. Why the future british king is getting criticizeing for being involved in politics. At least 30 having killed in pakistan. The blast injured more than 70 people happened near a crowded market and police station. It was also just a few hundred meters from the church where more than 80 were killed in a suicide bombing last sunday. Dominick cain has the latest. Reporter this is the immediate aftermath of the explosion. The car bomb was detonated near a police station. On a street crowded with families attending a busy market. I came here to buy books for my children. When i arrived here there was an explosion. I dont know what it was. Maybe a rocket attack or car blast. In the chaos dozens died and many were wounded. Translator suddenly there was an explosion. Black smoke spread all over and nothing was visible. People were lying on the road and the
Libya evacuated. Food and medical aid arrive for hundreds and thousands of refugees, who fled the fighting with the taliban. And what is that a bite . Uruguays luis suarez hit with disciplinary charge at the world cup. We hear from a former ref. Iraqi Prime Minister Nouri Almaliki is ruling out forming an analogistal unity government, dealing with a sunni led rebellion. Military advisors are in iraq. They arrived in baghdad and are there to help the government beat the rebels. It is a big task. These are the areas held by rebels. They will be interested in what is going on here at the baiji oil refinery. Lets go to the correspondent, imran khan in the Iraqi Government. No doubt a big task faced by u. S. Special forces. What is it that the iraqis want out of the u. S. Special forces. Well, the u. S. Special forces. 300 of them are arriving over the next few weeks, the first concontingents here. They are based out of a company, the Baghdad International airport. Their job will be to stra