learned that day one. telefonica and telecom reporting earlier. that was in line with the expectations of analysts. what they might be looking a little harder at is the fact that they have got this deal for $1 billion to buy the loan share digital plus, which gives him the rights. many investors might hold on before doing anything with telefonica until they know the outcome of the commission s decision with regard to its bid for the german telecommunications operator. you are watching iag, aren t you? i have indeed. iag deal turning the into something that will make money. we re talking about the return of dividends. willie walsh negotiates very well. at britishdropping airways. the losses are narrowing. things are improving. you re quite right. not exist at all in reality. what else are you watching? you get a little bit of data from the u.k. we will get industrial production. anchor, producer and rector. i would tell you what. and director. i will tell you wha
month lows, three and a half month lows, today up 4.25%. at these levels the are they bee more cautionary on wall street? that being said when you look at the s&p 500, there is resistance at the 1802 level. while 1800 sounds like a great level, the traders and analysts looking at 1802 as the resistance area. lori: thank you so much, nicole. dennis: a stock alert. we are watching of microsoft on a downgrade from comerica merrill lynch. cut in the stock to underperform on neutral citing challenges to the you have to be named ceo. tech giant may be getting closer to replacing steve ballmer. meeting today to narrow down that list of candidates ahead of tomorrow s shareholder meeting. lori: and sony s new playstation s off a strong start, over 1 million councils sold within 24 hours lunch. the speed is the first updated videogame system in seven years. dennis: hoping to sell 5 million by march. reports of some glitches here and there, but they say this is within expectations of a
informationving after 700,000 miles of autonomous driving for the self driving cars to use algorithms for road hazards like pedestrians or when another car will change lanes. google said they would build prototype cars with testing starting this summer. a new report says hackers and iran created an elaborate game using facebook and other sites to spy on u.s. officials. they created a fake news organization and attempted to interact with some 2000 officials to access their data. report says u.s. lawmakers, defense contractors, and a four-star general were among those targeted. it s unclear if their government was behind it. first, to the lead story of the day, apple makes a bold statement about the product pipeline with senior vice president eddie cue proclaiming great things to come. here he is speaking with beats cofounder jimmy iovine at the code conference. later this year, we have the best product pipeline that i ve seen at apple in my 25 years. pipelinest product you v
good morning, everyone. this thursday in new york city. you are watching bloomberg television. i am erik schatzker. i am stepping in today for stephanie ruhle. see the resemblance? time now for the new speed. top business stories or around the world. twitter. at cfoame to the company as and moved to coo in 2012. retail sales rose .3% of a percent in may, less than forecast. still on the upside. revised figures show april sales were much larger than first report. is co-coo of bnp paribas stepping down in the midst of the investigation. he will leave at his own request. askedp bank regulator that he be dismissed. authorities want bnp paribas to pay as much as $10 billion to settle claims of illegal dealings with iraq and sudan. big implication overseas. this could affect oil prices around the globe. al qaeda has seized control of the second largest city in moving closer to baghdad i the day. here is how this is playing out in the oil markets. you can see the response. in a mo
varney and company is about to begin. top of the news today the irs claims lois lerner s hard drive was recycled so not only did these two years of e-mails he sent to the white house among other places but they have gone rid of her hard drive, got rid of it, recycle that. the wall street journal s dan henninger is here, whose column is a blistering attack on the administration, is it not? yes indeed. stuart: use a in your peace this irs scandal, the losing of these e-mails is worse than watergate. the scandal is worse than watergate, losing e-mails is a scandal and to itself. can you imagine morgan sacks kenna-morgan stanley goldman sachs a not lost my e-mails, they put the handcuffs on the man send them to jail. as for the watergate thing, watergate was about a break-in at the watergate hotel conducted by someone in the nixon presidency, and trying to steal information about the national committee. democratic professionals and the irs scandal his the party in power usi