Sentiment. Weak pc demand sending revenue down 5 . But they buck the trend. The turn around strategy pays off as it defies a slow down in china by targeting the high end of the market. Welcome everyone to the show. Shares in apple fell in after hours trade after investors ignore the quarter. They focus on weaker than expected forecasts for revenue in the Fourth Quarter and there were some other reasons they turned sour on the stock. Iphone sales came in at 31 billion with shipments 3 billion below estimates. They also bundled other devices. The tech giant would only say june sales were higher than april or may but the lack of detail left some analysts speculating over the success of the newest gadget. The Earnings Report is also weighing on tech stocks here in europe. Investors are also shrugging off a 32 rise in Second Quarter profits from chip designer arm despite earnings being broadly in mind with expectations. Simon cigar spoke to cnbc earlier about a possible apple takeover. Ther
Develop quite nicely in Second Quarter have been helped by nice weather in europe indeed and the time for talk is over u. S. Calls on china to impose sanctions on north korea as President Trump and the japanese Prime Minister shinzo abe agree on action after the latest missile test good morning, everyone, brand new edition of street signs. It is monday, final trading day of july. Fairly positive start here doing well on the manufacturing data coming out of china show you what the european markets are doing. Ftse 100 up. 4 after dax is higher. Lets come back to the sectors i mentioned minors, theyre doing very well among top formers following Australian Shares and manufacturing data. Stable under lying growth despite coming in under expectations basic resources up by 1. 3 banks are doing pretty well this morning. Look at that sector. Up by. 05 beating expectations europes biggest bank announced 2 billion Share Buy Back. Third move in a year should be completed before 2017 and will take
Deals. If they go through, it would total 100 billion. First up the big one. Last night we told you about Royal Dutch Shell in talks to buy bg group. Today, shell pulled the trigger saying that it would buy bg for 70 billion making it the biggest deal in that industry in more than a decade back when chevron bought texaco in 2000 for 36 billion. Shares of shell finished the day lower by 3. 5 . Jackie deangelis has more on what this deal means tonight. Reporter a big deal announced in the energy patch today. Royal dutch shell buying bgs roughly 7 billion. Its the latest energy deal this year and one of the larger of the last decade rivaling when exxon bought mobile in 1998. Bg known for both oil and gas assets. The addition of those assets will boost shells portfolio by about 25 . For shell, the purchase of bg increases their oil and natural gas reserves as well as their Oil Production while bg brings to the table storage and tunnelling assets as well as tankers to move natural gas aroun
Smarter than the stock market in many ways, we went into a secular bear market in 2000. And we broke above those levels through that resistance level or Glass Ceiling in 2013, if we dont break down below that level again that would be about 30 drop from today it would be first time in 200 years we recover from a success lar bear that secular bear that kickly. If you look at market it has been fed fueled we know that. They will keep fueling it higher maybe that is fine for abinvestor, is for an investor is this fed never raising Interest Rates . I hope not otherwise. The fed does raise Interest Rates. I think that now is the time they know they have to do it, i think they go before september. We will see Economic Data turn higher in q2. That is key to higher stock market the market needs clarity from the fed about when left off will be. Dan . You shake your head. I disagree with that atlanta fed, updates the gdp almost daily, now if anyone wanted to google it they are at 0. 1 for last q
Deals. If they go through, it would total 100 billion. First up the big one. Last night we told you about Royal Dutch Shell in talks to buy bg group. Today, shell pulled the trigger saying that it would buy bg for 70 billion making it the biggest deal in that industry in more than a decade back when chevron bought texaco in 2000 for 36 billion. Shares of shell finished the day lower by 3. 5 . Jackie deangelis has more on what this deal means tonight. Reporter a big deal announced in the energy patch today. Royal dutch shell buying bgs roughly 7 billion. Its the latest energy deal this year and one of the larger of the last decade rivaling when exxon bought mobile in 1998. Bg known for both oil and gas assets. The addition of those assets will boost shells portfolio by about 25 . For shell, the purchase of bg increases their oil and natural gas reserves as well as their Oil Production while bg brings to the table storage and tunnelling assets as well as tankers to move natural gas aroun