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Aviation. He said the coronavirus has changed the Airline Industry forever. We are getting breaking news across the bloomberg. We have westpac earnings and details with regard to the dividend policy. The first half including special, 2. 2 billion australian, net margin with regard to that decision on the interim dividend, differing a decision to be made deferr ing a decision to be made, looking at the impact of the coronavirus slowdown and the credit loss provisions as well. They will move smaller scale businesses into divisions so it looks like restructuring effort. The cash profit, 933 million. The decision to defer the policy. Looking at u. S. Futures dropping in the asian trade. Shery adding to declines we saw friday, on the back of abysmal economic data, not to mention profits earnings from u. S. Companies. Futures are falling more than 1 . Sincet saw the best month 1987. When it came to world stocks, it was a rally of 10 f ....
Quite a bit now. Its big ramifications for the reelection campaign, as well. A 7. 8 down 1660 when it was halted we have had 1,000moves for 7 straight sessions. Lets get more on everything going on bob pisani at the New York Stock Exchange bob . Our fourth trading halt, a circuit breaker. Down 7 . The fourth one in two weeks here look at the markets here 2351, very important number. The old december 24, 2018, low technicals not much good to anybody these days we are sitting right on top of that again, just want to review the Circuit Breakers level one, we halt 7 . We halt 15 minutes so well reopen in about ten minutes or so. If that happens again, theres no stopping at 7 . The next one is 13 . Thats until 3 25 and then there is no trading halt after 3 25 p. M. Eastern time unless you drop 20 in terms of whats bothering the market, ill put up a chart to explain ever ....
Termination of and kirkpatrick now and were told that this was a week in conversation but they have been monitoring this about 2 and a half years we do also want to say that. She. There will be an acting chief to take her place until they move forward with a nationwide search to take this new job but lets take you into the press conference that just wrapped up minutes ago. So tonight. Oaklands Police Commission voted to terminate the chief and request that i as mayor join them in a joint no cause termination which i accept it. The Police Commission is the communitys voice. The voters of oakland and 20 16 created the most powerful and independent Police Commission in the country. Tonight they exercise that power. Its my duty as the mayor to recognize the role and authority of this commission. And also to recogniz ....
I hope that you send him a dozen roses today because he will not be there to receive them. And you have the armani story. Everyone on global wall street must be focused this weekend on the soap opera going on. Banking is think left, right, and center. And i have a chart looking at the swiss franc. What it means for the further negative. But first, lets get straight to the bloomberg first word news with viviana hurtado. Begin with the coronavirus outbreak. It is getting tougher to gauge the true scope of it because china has provided the data that the death toll was lowered to less than 1400. Now there are more than 53,000 reported. U. S. Officials are stepping up criticism of chinas response. A stunning rebuke of President Trump from one of his most trusted cabinet numbers. William barr saying that tweets and remarks about going ongoing cases make his job impossible. Already vowed to veto a resolution to restrict his ability to w ....
Melissa, kelly, and yours truly, were now at session lows as you see right there. The dow off more than 300 points kicking off the week in the red. Energy financials the worst today check out the big names falling to fresh lows. Trip adviser, macys, pfizer, kraftheinz hitting a record low today. We begin with the turmoil around the world as the trade war between the u. S. And china rages on escalating tensions in hong kong are adding fuel to the fire aman is live with the latest. You get the sense that theres increasing pessimism among some on wall street and at the same time you see this increasing tension in the streets in hong kong over the weekend. Heres the pessimism piece of this this came in the note from Goldman Sachs yesterday. They are changing their 4th quarter growth forecast to 1. 8 . Thats a modest change to the down side they say its caused by sentiment and uncertainty. Also they say contributing here financial condi ....