The opening bell. After three months of talks creditors failed to unlock eight. Counterparts and thing in namecalling. Greece said laws will be presented on wednesday. Facebook interesting video calling in its messenger app. It has more than 600 million monthly users. The features are available on appless ios and and and googless android. Multiyear contracts with stocks. It will put its logo on stocks. Mba says the league has generated triple digit growth in the stock category over the last few years. Less than an hour to go to the close of trading area we want to get to our breaking news desk where scarlet fu was looking at action. Lower here. There really were a lot. Reports that china is considering buying local government greece reshuffling its bailout negotiating team. Things started turning south. Falling within the biotech and nasdaq fared only three members hired 30 gives you some sense and that is helped pull all of the major averages. Snapping a fiveday rally. The nasdaq retr
This afternoon, a group of outrageous officers attacked our attacked our officers. We have seven officers with injuries, including broken bones. One officer is unconscious. We will do whatever is appropriate to protect the safety of our Police Officers and ensure the safety of the people that live and work in the area. Cory the protests are over the death of freddie gray, a 25yearold who died in Police Custody from spinal injuries eight days ago. Deutsche Bank Investors are not big fans of the banks strategic plan. Shares fell today after they reduced targets. Here is the coceo you will see us build on the momentum we have had over the last two years. You will see us considerably stronger in global finance, but you will probably see us as a smaller fixed income house. Less transactional and more advisory. Cory he says the bank will be able to maintain profit despite rising legal costs, including a 2. 5 billion fine for attending to rate interest rates. The battle for a cheaper smaller
Mark welcome to countdown. Caroline im caroline hyde. Mark we look ahead to the last u. K. Gdp release ahead of next weeks general election. Manus we are waiting for numbers which is going to be health care and consumer business. There radically they radically changed the shape and focus on the 25 Million Health market. We are waiting for those numbers to come through. Organic revenue, we are waiting for, but expecting just over 5 billion euros. Lets keep an eye out for those numbers. Meantime, there is only one corporate story and that is apple. Barn storming numbers all due to the iphone 6 and 6 plus sales. Caroline has the breakdown. Caroline it was a blowout in the second quarter, fiscal secondquarter. They have yet more cash to splash. 70 billion. Lets look into the stellar report because profit really did escalate. We saw profit jumped some 33 bringing in 13. 6 billion. That beat analyst estimates. Sales went up 27 . It would have been even higher if it was not for the strength o
And says this stock is grossly undervalued. He believes the stock should be worth 240 a share, that is up 85 from todays Closing Price of 130. The increase would give apple a market value of 1. 4 trillion. Joining me from d. C. , tim covers apple. Obviously icahn and tim cook have a relationship. What is he trying to a copy which with the open letter . Tim he has been putting pressure on apple to increase buyback. This is the first time apple has responded several times in the past. They said they would increase the Capital Return Program by 70 billion for the neck two years. Your is carl icahn a few weeks later saying that we would like to see a bigger buyback. Emily he kept saying that if you focused on cars and television, you could work something out in terms of raising your value. Is tim cook going to listen to what he has to say when it comes to products . Tim he is also talking to the market in general and feeling like investors and the media maybe dont understand the apple stor
Tension in baltimore as protesters clash with police. According to the baltimore pd twitter feed, protesters were throwing rocks and other objects at the police and refused to leave. Quite this afternoon, a group of outrageous officers attacked our officers. We have seven officers with injuries, including broken bones. One officer is unconscious. We will do whatever is appropriate to protect the safety of our Police Officers and ensure the safety of the people that live and work in the area. Cory the protests are over the death of freddie gray, a 25yearold who died in Police Custody from spinal injuries eight days ago. Deutsche Bank Investors are not big fans of the banks strategic plan. Shares fell today after they reduced targets. Here is the coceo you will see a us build on the momentum we have had over the last two years. You will see us considerably stronger in global finance, but you will probably see us as a smaller fixed income house. Less transactional and more advisory. Cory