Session. Road map, the busiest week of the earnings season. Netflix, apple, chipotle later tonight. Markets have to digest them all. Investors dealing with International Uncertainty in the middle east and ukraine. Live updates on both. Emc reported ly pushed to spin off a unit while allergan cuts its workforce 13 . Mcdonalds apologizing to consumers in china for expired meat, well explain. After fridays rally, wall street gearing up for the busiest week of earnings season. T. I. Due after the bell. Apple and facebook set to report with a third of the dow, including microsoft and verizon. Halliburton with results, the company increasing buyback program, the 6 billion, very large increase in the buyback. And maybe some clarity on succession down the road, too. Halliburtons one of the companies that is basically north american fracking and they say it is great. I love a release which says were hiring like mad, because that does imply business is terrific, not done by firing, not done by m
Hijacked by greece again. You have all the key officials. The ecb, the eu, leaders and certainly financial leaders of key economies, be it germany, be it france. Are they going to have to force greece onto the agenda . Germany wants it very much to be focused on broader topics and sadly i think greece will i think greece will dominate that agenda. The dollar got its mojo back. The euro picking up. 3 against the dollar. We have the Canadian Central Bank meeting. 124. 03. Keep an eye on the bank of canada meeting. We could see a further cut later in the year so says bnp paribas. You see money moving in the socalled payments yesterday as we saw the potential concern from u. S. Rate hikes. We have money coming out of germany and u. S. Debt as well. If you look at the 10year money going into the periphery. Italian down by some three basis points overall. Keep an eye on your bond markets. I would to get into specific stiocks. You talked about iag. Up 1 at the moment. After six months of wait
Reaching this reality and yes, cinnabon, you know, cinnabons, the smell of all of that frosting and cinnamon. Talking about how to avoid the same fate as the gorman gourmet cake maker crimes. First headlines from su keenan. Earnings season. Wells fargo came out with numbers this morning. Profits increased 4 on lower credit cost. Wells fargo pershare earnings failed to top the preceding quarters for the First Time Since 2009. Has agreed to delay it started in new york until monday. The court has granted an injunction against uber. Lebron james is returning to the Cleveland Cavaliers where he started his career. Cavaliershe cleveland a billiondollar franchise, double what the team was worth without him. Those are the headlines. Thanks very much. And his on lebron james to surgeon to return to cleveland. Joining me on the telephone is some of his clients include players such as richart tony felton. Great to have you on bloomberg. What does this mean for the future of the nba . I think it
Has one more orders. Welcome to countdown. I am and not edwards. Im joined by Ryan Chilcote dan manus cranny. I am anna edwards. Five Straight Days of declines and this all goes back to the horrible reminder in portugal. One of the main shareholders in one of the portuguese banks has temporarily missed some of the interest payments. This brings into question the five years they have gone through. Banks have problems. Likes a reminder of risk. What are you looking at, ryan . Ukraine has not been in the headlines but maybe very soon. The rebels have concentrated themselves in the city of donetsk. Its bigger than frankfurt. We will look at israel, iraq, geopolitically lots of things to get confused about. Im looking ahead to the aviation gathering taking place in the u. K. Starting on monday that runs for a whole week. We will be there monday and tuesday. We have a manufacturing backlog. They have seven years worth of work even if they take no more orders. We will talk about that and over
We are live at bloomberg headquarters in london. I am guy johnson. And i am olivia sterns. We are going to get into our top story. It is a big tobacco deal. Imperial tobacco confirmed that it is in talks to buy some major u. S. Cigarette brands. Could spend 7 billion on the acquisitions. Lets find out. Caroline hyde has been tracking the story. We have a merger taking place in the states. The regulators are going to want them to spend some out. They have some interest. Exactly. Have speculated on since the initial share sale of logista. Today, they will raise about 4 Million Pounds. Everyone wondered what they would do with this money. Will they invest it or pay down some debt . Could be could they be putting some of this money into these American Assets . They said yes, they are eyeing certain brands that would likely have to be disposed of between reynolds and lorillard. They are looking to form the secondbiggest player in the united states. It will be the biggest m a deal ever in th