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I im in edwards. Manus and im manus cranny. Anna this looks to be a touch above estimates at the ebit level. The Second Quarter netted 312 million euros. This is a company we have to talk to about brexit. This is a business that operates in the u. K. What will they have to sell . They have said they will continue to invest in the u. K. In the immediate aftermath of the brexit vote. Two of their competitors merged in the u. S. Recently. We will be speaking with the asset manager at 7 15 u. K. Time. Manus the swissbased drugmaker netted 5 billion, just ahead of the estimate of 12. 2 billion. Sales will be broadly in line with the prior years. They are driving unchanged for the rest of the year. The core earnings came in at 23 billion. They have a huge amount of generic competition coming through. You can see Second Quarter sales beat on the headline earnings. The guidance is br ....
Stanleys adam parker. He will tell us what hes expecting from earnings whether they can spark a selloff in stocks, talk about the words earnings recession have been discussed in conjunction with the First Quarter earnings reports due to come out. And where is howard marks putting his money to work . You will find out in an exclusive interview. Plus Bill Richardson former new mexico governor gives us his reaction to rand paul running for president and what he thinks of the senators plans if he became president he would get rid of the Energy Department and three other cabinet positions if he were to become president of the United States. Well get governor richardsons take on that coming up. You can guess what he would say. We have a lot to get to. Lets start with wh ....
How poorly midsize suvs performed in crashes. We will show you the best and the worst on the list and the midsize suvs become a top selling vehicle in the United States. We will give you a sneak peek on the profit. It begins at 10 00 and look who is here. He is on billboards on the westside. He is here live the man, the and only. We have a lot to react to today. We sure will, but we want to begin with verizon buying aol for almost 4. 5 billion. Surging by about 18 right now. Verizon down by a tad. More on what this deal means for investor and the media landscape. As you mentioned, it is not your parentss aol that we remembered that did represent the internet back in the early to mid90s with the wild garden and the enormous market value that let it go into a quiet timewarner. A disaster for all the companies involved. Not aol shareholders. Back on that fateful day in early 2000 it was. Aol goes on to be spun off by timewarner in 200 ....
Also sac is firing back at the u. S. Government. The wall street journal reports the firm sent a memo to all employees with a rebuttal to allegations that steven cohen failed to take proper steps to prevent Insider Trading. Sac says that evidence shows that cohen didnt read the email at the center of the allegations. That email in question is from august of 2008. The s. E. C. Says it reflected, quote, clear possibility that information about upcoming dell earnings was improperly obtained. The government says the email was forwarded to cohens office and home email addresses. In a report prepared by cohaens lawyer says that so many emails landed in his inboxes that he opened just 11 of them. Interesting. Dow component, dupont, if you saw the top of the hour, i dont know, i recorded something about it. We knew it was coming. Alan coleman will be on the show later today. At this point, it is either a there is some stuff in here. Some ....