Strength of the us economy, issuing a thanksgiving message to our troops and thanked them for their service. Fighting for something real, you are fighting for something good. A lot of things happened with our country over the last short time and they are really good, they are really good. I especially like saying companies are starting to come back, we are working on tax cuts, big fat beautiful tax cuts and hopefully we will get that and you will see things happen. Dagen big fat beautiful tax cuts, is that why the market is up . A short trading day, on the dow futures, all major markets hit alltime highs earlier in the week including the russell 2000, the store opened half a day, stock market closing, in europe look at what is happening, a slight loss on the s p in england. Asia gains across the board, shanghai, the nikkei, hong kong and south korea. New details in that uber hack. Accompanys new ceo was made aware of the attack shortly after he started in september. It wasnt made publi
Anna a warm welcome to bloomberg daybreak Europe Santander novartis kicking off earnings. Hasourthquarter net profit come in at 1. 6 billion euros, better than the estimate. The estimate was for 1. 40 8 billion. Theyre telling us the bad loan ratio is moving in the right direction, saying the ratios at 3. 93 . An update on their fully loaded 10. 55 , a little higher than it was in september. Chair sayingk, the that the 2017 environment is even better than the main market in which they operate. Thats at 7 30 london time. Plenty more to come on the european banking story. No doubt that will talk about political change in europe and the United States and much more beyond. Novartists talk about , one of the huge drug companies. Net sales coming in at 12. 3 billion. ,elow what the market wanted which was 1. 13. This is the critical point, net sales will be in line with the prior year. In the eye care business their problems, you have the heart drug that will be critical, fourthquarter adjus
The opposite playbook of what we saw with the rally last week. Il leading the declines all three major averages close to the lows of the session. They are falling along with oil today as we see that correlation come back into effect in todays session. Oil down by 4. 5 . We have the Saudi Oil Minister speaking at a conference in houston earlier today saying no plans to cut production. There did not seem to be high expectations. There is disappointment that appears to be affecting the markets. The saudis welcome the west show business and they are happy that there are exports that would allowed that will be allowed from the unite states. You note about oil see 31. 90 which appears to be a higher price than yesterday. On the day, oil is lower near that april some of what we are seeing if stocks are down, people are buying stuff they view as safe. It has not been that straightforward today. Yes, we are seeing a bit of buying of treasuries, but it is a very little bit. Earlier today come we
And really the best way to check both of those boxes are a continuation of the diplomacy, but the challenge here is not finding an agreement between iranian president Hassan Rouhani or barack obama or u. S. Secretary of state and john kerry and Iranian Foreign minister, the real challenge here is finding a document in which both the u. S. Congress and the Iranian Revolutionary guards can agree upon, a document in which both israeli prime minister, netanyahu and iranian Supreme Leader can agree upon it, and i think that is the real challenges is finding a vin diagram in which iranian ideology, american domestic politics and Israeli National security all intersect. Rose we conclude this evening with a look at Silicon Valley through the eyes of reid hoffman, one of the foremost figure there is and the founder of linkedin. If you want to have an adaptive company and actually, in fact, you know, still be in existence 20 years, 50 years, 100 years from now, that is going to require you reada
And really the best way to check both of those boxes are a continuation of the diplomacy, but the challenge here is not finding an agreement between iranian president Hassan Rouhani or barack obama or u. S. Secretary of state and john kerry and Iranian Foreign minister, the real challenge here is finding a document in which both the u. S. Congress and the Iranian Revolutionary guards can agree upon, a document in which both israeli prime minister, netanyahu and iranian Supreme Leader can agree upon it, and i think that is the real challenges is finding a vin diagram in which iranian ideology, american domestic politics and Israeli National security all intersect. Rose we conclude this evening with a look at Silicon Valley through the eyes of reid hoffman, one of the foremost figure there is and the founder of linkedin. If you want to have an adaptive company and actually, in fact, you know, still be in existence 20 years, 50 years, 100 years from now, that is going to require you reada