Topped estimates signaling optimism around new Iphone Models. It is different for samsung. Shares drop after reporting sharply lower profits amid global trade tensions. Matt welcome to bloomberg daybreak europe. We are getting figures from Credit Suisse in switzerland, secondquarter net income was 937 million swiss francs compared to the estimate for 788 million swiss francs. Really beating the estimate on the bottom line. As far as revenue, Credit Suisse says Second Quarter net revenue was 4. 5 above the street estimate. Total revenue was 5. 50 8 billion swiss francs. The estimate was for 5. 34 billion francs. Leading on the top and bottom line, secondquarter wealth 9. 5gement net new assets at billion swiss francs. Credit suisse, doing quite well in terms of the streets estimates. A beatit comes in as it for bnp paribas, secondquarter net income, 2. 40 7 billion euros. Euros. 7 billion looking through the details, bnp paribas Second Quarter revenue rising 8. 8 to 793 Million Euros. F
London stocks closed higher on Wednesday as investors reacted to economic data from the US and the UK, with lower-than-expected inflation figures from the United States and uninspiring GDP data from the UK.
European stocks closed higher on Wednesday after softer than expected U.S. consumer price inflation data helped ease concerns about the outlook for interest rate.
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