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June 21, 2024
Us. And we will sit down with japans central bank governor. He will be joining us later. King abdullah of saudi arabia has died at the age of 90 after being admitted to the hospital with a lung infection. He became ruler of the Worlds Largest oil producer in 2005. He will be succeeded by his half weather, prince salman, who is 79. He used the oil wealth to oversee a fivefold increase in the size of the arab Worlds Largest economy. President expressed his condolences to the saudi royal family, ca...
June 21, 2024
And, Credit Suisse beats analyst estimates. We will be speaking to the lenders chief executive in zurich. Hello. Welcome to countdown. A warm welcome to the program this morning. It is a big day for bank earnings. Credit suisse just reported earnings for its Fourth Quarter in 2014. It is proposing a dividend and investors can choose whether to receive it in shares or cash. The banks net income beat analyst estimates at 921 million swiss francs against an estimate of 869 million for the Fourth Qu...
June 21, 2024
Happen to them. So did the swiss a couple of days before they dropped their cap to the euro. A couple of interesting names that have delivered results. I sat down with the first interview with a new ceo. They say theyre keeping their dividends flat for the rest of 2015. They had a policy of growing given sinc dividends. We are not backing away from our policy and terms of a stable dividend. Capital expenditure down. Originally was 20 billion. Spending cuts up 30 . And they are sticking to that d...
June 21, 2024
Is no division, there is no stent. I keep hearing people trying to create one. We are united and are working closely together and we all agree that this challenge will not end through military force. He made the comments at a security conference on sunday in munich. The Russian Central Bank is not likely to reverse januarys surprise Interest Rate cut. In an exclusive interview with ryan chilcote, the Russian Central Bank president said the bank will stick to its pledge unless the ruble swing thr...
June 21, 2024
That the extreme rhetoric coming will not abate the worries of greece exiting the eurozone. There is worry about tensions raising in the ukraine. Could the u. S. Arm the ukraine . There are meetings going on and the finance minister is gathering. The leaders of germany, russia and france are getting together with the eyes on the concerns brewing in russia and the ukraine. Lets look at the bond market and you can see it flowing into germany. The u. S. And money going into treasuries to drive the ...
June 21, 2024
Sky and bt pay more than 5 billion pounds for rights to pay the to play the football championship. Hello, welcome to countdown. I am mark barton. Just getting earnings for 2014. 1. 76 oh yen euros. Analysts were estimating 1. 7 4 billion. Narrowly ahead of 1. 7 6 billion euros. Narrowly ahead of estimates. Analysts estimating an increase of 3 . Organic consolidated Revenue Growth is what it is called. That excludes the effects of acquisitions, disposals come and currency swings as well. Operatin...
June 21, 2024
Institutional bonds, everything up for grabs driving optimism. Driving that hunger for risk. That is how stocks are opening higher. We got better and is china. The purchasing Managers Index in terms of manufacturing, not falling as much. It was all about the ecb yesterday. That is what happens to the euro. 1. 113 at the moment versus the dollar. Down almost 2 . So big moves when it comes to currency. Thanks for marriott draghi. Big moves in oil. Sad news on the back of the death of the king of s...
June 21, 2024
Imports plunged almost 20 on falling Commodity Prices and week domestic demand. Hello. Welcome to countdown. Also coming up today, australias Prime Minister with a threat to his leadership. Will it be tougher for tony abbott to address his countrys weakest economy in a generation . We start with our bloomberg exclusive this morning. The governor of the central bank of russia has told this channel that russia will not inflate its way out of the financial crisis. In her first ever interview with a...
June 21, 2024
Energy companies are preparing to pull back on Capital Expenditures, what you have is profits that beat the adjusted numbers and rhyme will take you through the nuances. Capital expenditure is down and it is dealing with a new reality of lower prices. What is next is profits dropping. Well, here, you have a dividend that missed and there was six or 7 billion in expenditure and they had it in the Fourth Quarter with a nearly 9 billion and you are seeing a Capital Expenditure number and it comes o...
June 21, 2024
Future of orange as it closes in on its ee deal. Vodafone reports Third Quarter results in the next hour. Mark welcome to countdown. Anna coming up, bill gates reduces his stake in truck microsoft to 3 as against 1. 5 billion of stock to his foundation. Mark frances biggest banks earnings for the previous quarter. Net income rising to 1. 3 billion euros from 110 Million Euros per year. That is when the bank set aside money for legal costs. That 1. 3 billion euro figure just below the 1. 4 billio...