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Covid19 own Macro EconomicDevelopment Going forward. I in leary, we should expect lower Going Forward. Ab in bef shares up. Vw slashes its dividend after posting the first half operating loss and renault posts a loss and says it is impossible to give any guidance. Astrazeneca rallies as Second Quarter sales top forecast the ceo says he expects to benefit from the Covid Vaccine this is a business that is redirect examinatio resilient. Weve managed the crisis well. Patients are returning to physicians a very warm welcome to street signs. Now on the gdp front, german adjusted preliminary gdp the calendar adjusted q2 number down 11. 7 slightly worse than the 11. 3 forecast the sharpest decline from 1970 the calen ....
Good thursday morning, welcome to squawk on the street. Im carl canton . Eua. News is solid and question is can johnson sell that to parliament as early as this weekend. Sterling has had a big mix Housing Starts disappoint. Our road map begins with netflix soaring despite the miss, the streaming giant warning that increasing competitive head winds could weigh on growth. It shows Morgan Stanley to be rallying, this on what looks like a strong quarterly result the banks cfo will join us this morning. As we said, futures rallying on new brexit hopes, uks parliament, approval, though, remains uncertain. Lets start with netflix subgrowth did mix. Rebounded to almost 6. 8 million thanks to International Strength on the earnings call, Reed Hastings did talk about th ....
With a but of Dollar Strength of their in advance of the ecb on thursday. A quick look at u. S. Stocks, i huge day for earnings both good and not so good. Here we have some of the better ones, leading the s p 500 is hasbro, aladdin toys were very successful. After it is up 5. 6 Beat Estimates as well. Those stocks are higher now so you might think why isnt the s p doing even better than that . Still below 3000, but that is because some earnings stories were not so good. This is their worst performer in the s p 500. Guy getting back to our top story, Boris Johnson has won the race to lead the party and by extension become the next Prime Minister and he has made it clear what his top priority will be. Theres a mantra for the campaign the adjustment by case you have fo ....