Lundstedt. Pass the mustard mccormick buys Reckitt Benckisers food business for 4. 2 billion, adding frenchs mustard and franks hot sauce to the company spice rack the ceo of akzonobel steps down citing Health Reasons as the Dutch Chemicals Company continues to battle activist investor elliott managements attempts to oust its chairman. Weve had so many numbers out of scandinavia the last couple of days and speaking to so many ceos out of that region. Ericsson yesterday tough numbers there. Great numbers today from scedbank we spoke to tele2 who are weathering regulatory problems left, right and center and electrolux and volvo are moving in Different Directions on the market today, but electrolux upgraded its north american outlook after a stronger than expected rise in Second Quarter earnings. The swedish appliance maker upped air north American Growth star get to 3 to 4 citing strengthening demand and a favorable macro environment. Its not the only firm today citing a pick up in north
Decemb december k putting together two companies that in terms of programming are similar. Its not like were going from one network that does reality or that type of programming to sports or lots of scripted work or whatnot this is putting those two things together the question is are you better off putting those two together or in this new age of media trying to go into scripted gore into a premium thing scripted. Scripted. But this has been bandied about. For a long time they were two sort of theyre not like outliers that deserve to get together. If it was going to happen, would put these together for scale thats where the synergistic value is some analysts would question this how much more power does a discovery scripps together have in terms of carriage agreement Going Forward . How much value proposition, if you want this channel you have to take this channel that was more scripps problem than a discovery problem zaslav yesterday admitted we are managing through the new times, dau
Deutsche telekom adds more than 1 million customers in the latest quarter weve been fortunate in the First Quarter again following a good streak of acquisitions last year we extend with a disciplined approach our portfolio weve seen a broader and higher open in europe with the stoxx 600 up over a third of a percent. Taking its lead from more record closes in the u. S. Overnight and a raft of Earnings Results are out today. On the whole broadly positive which has signaled the market opening higher you can see that reflected in the key movers in the markets today. Lets look and see how the individual bourses are shaping up the xetra dax is in the lead, up 0. 75 cac 40 up over a half percent. The ftse 100 up over 0. 40 negative statements out of easyjet, yes, it managed to deliver higher unit revenue, but the issue is that there is overcapacity in the sector and it gave a bearish outlook for whats ahead lets look at which are moving better we have construction and material up around 1 . C
Corvex management having a 400 million stake in the french food company. Good morning it is tuesday. Once again, European Equity markets are heading higher that said we dont have all the equity markets open today. Volumes will be lower than usual given that there is a Public Holiday in the places like india, poland, greece. The xetra dax is what were showing. Its up by 0. 25 so were still benefiting from this return to equities, this return to risk after we are trying to forget about the risk aversion that happened last week given the events between north korea and the u. S. Lets look at the european markets one by one the ftse 100 is up by 0. 1 the cac 40 is up by 0. 2 danone is a factor well get to that story in a bit. First, lets focus in on the big news out of washington and the u. S. Yesterday intels Brian Krzanich and kevin plank are the latest ceos to step down from President Trumps ceo council. This after the president failed to single out white nationalists for violence over t
Daybreak asia. It is after 8 a. M. Not a lot of guidance for asia given the fed left rates unchanged. No indication of where to go next. Investors are wondering what will come out from the white house. Fors interesting as we wait developments. In asia it seems like we are on the way for another event. We do have the fed out of the way. We are seeing one of the best januarys in years and the data, we talk about chen yet china manufacturing, the cpi for korea came out last hour was pretty good. Lets look at how things are working in the asian market. Tepid start fraser. N pick upe the ye slightly after seeing swings overnight. It did track closer to 114 in the wake of the fomc update. Looking still around the 113 handle and the aussie just around, below the . 76 level. E surplus is forecast to rise to a fiveyear high which could the aussie to that 76 and mark. The kiwi is falling although pa ring its earlier drop. Traders are saying this is coming on the back of a media cattle a breakout