The general election. Mark welcome to countdown. Manus as miliband prepares to unveil his manifest with a pledge to lower the budget deficit, every year we look to this week in politics and the bloomberg debate. Caroline to export engine in the worlds secondlargest economy is suffering. Lets head straight to hong kong. Yvonne has the latest. 14 decline, a big miss. Yvonne it is definitely a nosedive, economists were expecting an eight point gain but those overseas shipments falling close to 15 . That was also a miss. Economists expecting 10 in the fall. That makes the trade surplus at 3 billion. Compare that to february when we saw 60 billion in trade surplus. There is that falling commodity price which is driving down the value of the imports, instead of an actual fall. The currency one thing to take a look at. The stronger yen. Compare that to the chinese goods may be looking relatively more expensive compared to their counterparts and they may start to see that big impact on chinese
Military discussion around rounds and moving towards what the consumer and commercial prospects are. A lot of discussion this week at facebook attention week interested in buying into this area. First, i want to get to this lead, which is microsoft. So many different moving parts of the company. The incoming ceo starting to make changes to management. The out going ceo speaking at oxford union about many things, including describing microsoft as a two trick pony. Also suggesting it was a bad move to move into hardware late in the game to go along with the software business. Bloomberg news also reporting behind the scenes happenings at microsoft the past few months, including that Steve Ballmer struggle to get the board approval on the 7 billion plus purchase of the handset business. On the development, i want to bring in matt mcewan. Seattlebased Venture Capital firm. You are right there alongside microsoft. Quite know the new ceo well. Starting with what Bloomberg News is reporting. A
Commuters, but the earnings may be tough this morning. Futures as you can see are mixed as have the averages been over the past several days. The tenyear note a touch higher than it was at this time yesterday. And as for europe some mild weakness in the uk and in spain. Our roadmap this morning goes, well start with coach. Shares of the luxury goods maker down big in the premarket after samestore sales in north america plunges 13 year on year. And ibm is not looking too good. Down on earnings. The tech giant reporting revenue below estimates for the Fourth Quarter in a row and due to weakening demand in part in emerging markets. A lot of people facing a nasty commute after a massive winter storm dumped over a foot of snow across the northeast. Left temperatures hovering near zero. Well go live on the ground to see just how bad things are in a moment. But first up, coach reporting weakerthanexpected fiscal Third Quarter results and comps down 13. 6, and it said its been hurt by substant
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GK Software is excited to announce a strategic restructuring of its second-tier management layer, introducing an Executive Board to ensure efficient, well-balanced decision-making and seamless.