Surveillance. He was the two mario monti later. We are seeing that reverses to the earlier losses we saw. If you look at german stocks, they seem to be remaining lower. The dollar is little changed. Treasuries nudging higher. Lets get to the first world news. Here is sebastian salek. Mugabe failed to announce his resignation. The twist means he may face immediate impeachment hearings. He was expected to announce he was stepping down. Todays meeting with a command element has underscored collectivelyus to start processes that return our nation to normalcy. U. S. Senator Susan Collins has said the republican tax plan passed by the Senate Finance committee needs work. Thed if she can vote for measure as written, she said, quote, i have not reached that conclusion left. Republicans can afford to lose only two votes and still pass the bill. Ron johnson has artie said he cannot back the bill as written. Japans recovery remains on track with exports growing by double digits for four straight
Tomorrow. We have great interviews. Will president elect trumpish escher in protectionism, and what will it mean for global trade . We speak to the owner of the Worlds Largest container shipping line. Plus, is the Banking Industry headed for an uber loan . We talk about bitcoin, Cyber Security, and disrupting the banks with the former barclays ceo and the block chain cofounder, later in the show. Gett things first lets to the data check. We have a special guest from asia. This is the picture of these markets. Breaking news out of the iea, saying the opec deal will create on oil supply deficit in the first half of the year. We will monitor that. I wish i had the picture for oil, but overall stocks unchanged. Unicredit gaining 4. 2 . There you go. This is the picture for oil, gaining 3. 2 . 55 point 67. First, lets get to the news with nejra cehic. Plans to raiset 13 billion in an offer to sell off bad loans and slash costs. Italys biggest bank is targeting 4. 7 billion euros net profit
Economic Investment Data pretty much underwhelming in terms of getting investors a sense of direction for whats happening next. We know that the fed is less likely to raise rates. I thought that the isn Service Number of the nail in the rate hike as far as that was concerned. Thats one of the reasons you had some light rallying yesterday. Light selling. Not. But you see real estate actually bloombergimap on the , that will be traded until the 16th, but energy and telecom are doing well. Consumer staples, this is one of the interesting things. If you take a look at the stocks that were big losers today, joe has been banging on about this for a couple of weeks now, the death of the safety trade, consumer staples, off, General Mills was one of the biggest losers on the s p today. Its far as the winners you had today, chipotle was one of the big one as phil ackman took a 10 print 10 point stake 1. 2 billion dollars. Nintendo, massive winner today. Trading over a million shares in the u. S.
Goldman says not likely unless something changes in china. A fight against United Airlines as investors push for six new Board Members including Gordon Bethune. Reports of a meeting including elan musk, larry page and top ranking republicans to stop donald trump. Well get details on that. First the fight that broke out this morning between United Airlines and two of its shareholders with a combined 7. 1 in the company, par capital which is a well known airline investor and altimeter, a less well known hedge fund. They have a letter after a long period of negotiations with United Airlines. They filed a 13d some time ago that resulted in nothing that either side was willing to keel with in terms of accepting potential nominees. So we get a letter and a press release this morning saying any number of things including the following. In their view given united Strategic Asset base long term under performance results from what they say is an under qualified and effective come play sent and e