The doj. Bank and the german lenders negotiations with the u. S. Department of justice are set to continue despite a report of a breakdown in talks. When will john cryer get a deal . Key question of course. It is that move on Deutsche Bank. The bank is behind me here in frankfurt, touching down on futures. Slightly underperforming the rest of the market. We are seeing markets on the equity front looking a little more positive. The british pound, down by 0. 4 this morning. Again under pressure. 123. 86. How will it trade through the week when we saw negative equity markets on friday. We are lucky to get a positive start this morning. Let us get you caught up on what you need to know. Deutsche banks negotiations with the u. S. Justice department to result a yearlong investigation into the lenders handling of a mortgagebacked securities are continuing. Earlier, germanys newspaper reported that john cryer was not able to reach an agreement with the doj. Declinederson does to comment on the
Countdown. I am anna edwards. Manus breaking news, let us take it off with statoil, the Norwegian Energy giant. The market was looking for profit of 294 million. That is considerably less, the understatement at the start of the reporting day. Adjusted earnings at 913 million, that was after 1. 3 billion Capital Expenditures cut, adjusted net loss at 28 million. The estimate was for a net of 294 million. They are holding on to their output guidance. However, they have cut down to 12 billion, the first of a feast, as it were, a breaking news. We will have the ceo, eldar saetre. Anna let us get on to another corporate breaking numbers, that is santander. The bank of course based in spain, but operates globally, they have given us a net profit in lineillion euros, with the estimate of 2. 8 5 billion euros. They say they have a goal of raising Dividend Per Share in 2016. A business that has a number of headaches, eliminating around 1400 jobs in spain just this year. Low Interest Rate enviro
Bank rallied. Coming off record lows from the equity come this story has legs. This withill follow the former Philadelphia Fed president coming up in just moments. Later, the ceo of one of the largest u. S. Automakers, ford, will be joining us. A lot to look forward to. Jon, we are seeing a little bit rally. Of a relief that has been the story over the last couple days. Deutsche bank up on the session. Similar story on the ftse. The fx market, not much price action. The opec jawbone in overdrive. That story has legs. The commodity market is a little bit stronger. Brent up by 2. 4 . Almost streaking back to a 47 handle. Twoyear yields in germany, alltime low yield. Today, in a secondary market, worth 1. 5 basis points. Yesterday, negative, negative, negative, negative yields. Bonds are back in their box. Alix what happened to the yields backing up . That seems to have gone off the ledge. Lets check in with their bloomberg team. Guy johnson is in london having the latest on the Banking S
Much for snow to the region tomorrow. Until the time a sunny and warm sunday letting at least some of the snow belt. Im elizabeth hopkins. Were in the middle of Storm Tracker weather alert. Jim morelli spent the day with crews working to clear out damage from fridays storm, but lets begin with fox25 Storm Tracker meteorologist sarah wroblewski. Sarah this storm making a huge change in just the last 12 hours. Some of the models that were showing not that much snow in the forecast yesterday starting to trend with what i was thinking yesterday with some of those higher totals now going to continue across parts of the southeast. But we are increasing our weather thats, thats for sure, with heavy snow, strong winds and also the possibility of some coastal negotiated as we head into the day tomorrow. So what were working, a series of storms this week unsettled, one up pushing through the great lakes, but this is our storm right here, its getting going, it is going to intensify as it pushes t
Two convicted killers on the run for weeks have been found . A florida motel. Charles walker and Joseph Jenkins went peacefully with police. Both serve life sentences when they escaped using forged documents. We are joined life from miami. Have the Police Revealed how they tracked down the men . They said that they had a tip from an informant or associate in the area, i believe, is how they termed it, to track down the two. All along the police said they werent sure if the two men whose escape from prison was 11 days apart, if they were in any way coordinated together. The fact that they were arrested together certainly gives credence to the notion that their escapes were coordinated. The taste of freedom ended around dinner time at a motel in panama city. Police say that they were arrested without incident, and their arrests come hours, literally, after the mother of one of the convicts stood before cameras and pleaded with him to turn himself in. Their escapes were an embarrassment t