Anna welcome to bloomberg daybreak. I am anna edwards. Manus some breaking news from banks to oil. Kicking off with bmp. Anna reporting numbers. They have missed fourthquarter net profit. It came in at 1. 4 4 billion euros. The estimate was 1. 6 3 billion euros. It was a resilient business. The q4 trading revenue rising. But the pretax profit is down by 36 . They are booking a few items as well. Booking goodwill at their polish unit. Restructuring costs in their belgium belgian and australian units. They are trying to get to or targeting levels. They are also talking about caustic calving and investment in technology. Laying out the they are also anding about cost cutting investment in technology. Missing estimates in the Fourth Quarter. Manus this is one of the big nordic Oil Companies out there. Net loss in the Fourth Quarter. 40 million. Taking on an impairment charge. Fourthquarter net loss for statoil. Capital expenditure. Ceo wants to bring it down. For exploration, spending abou
Anna a very warm welcome to bloomberg daybreak, our flagship morning show in london. Im anna edwards. Manus and i am manus cranny. Lets kick it off with some red hot headlines. Anna we have numbers coming through from deutsche telecoms. Of course, to rise about 4 , so says the company this morning. They have given us the numbers for the Fourth Quarter. Revenue at 19. 5 billion euros. That is ahead of the estimate of 19. 1 billion euros. Giving us their numbers. Missing estimates, the dividend coming in at 0. 6 euros per share. That is one of the big stories around Deutsche Telekom at the moment. Back in their home market, prices are under pressure because of competition from vodafone. Better news out of the u. S. Unit. We heard from tmobile, with 1. 2 million monthly Wireless Subscribers, more than any other Wireless Subscriber in the u. S. This is a bond based business. Manus a couple more red hot headlines. Lets jump into standardbanks four year adjusted earnings per share. This is a
Tanks another 98 employees good we are going to see employees. We are going to see the bloomberg taking us out. We are on the euro stoxx up by 1 . The ftse 100 up by 1. 1 . The cac up just shy of 1 . In forive start priced european stocks. Caroline significant moves in the euro stoxx 50. Check out on the fx market. Currently similar moves we saw in asia. On was that risk flooding into the equity market in asia. The british pound up. 4 , up against 31 of its trading partners today. The euro up. 4 higher. They are one of the most accurate forecasters of the british pound. 1. 15. 15 brent crude up 3 . We got a great oil guest coming up. U. S. Pulling back production and boosting overall crisis. Lets get more on what is happening in the wood of business. First word news with selina wang. Caroline could voting has begun in britains the stork referendum. Britains historic referendum. We will be following all of the action with special coverage tomorrow. The ecb has reinstated its waiver on g
Im francine lacqua. Lets get to the markets. But we are getting a little bit of data. This is a picture from eurozone manufacturing for july. The survey was 51. 9. We got plus 52. This is the picture for today. You can see banks on the backside of those stress tests a little bit lower. I wanted to show you yen went up. 34. To four european stocks gaining a touch. Lets get straight to bloomberg first word news with nejra cehic. Nejra data on chinese manufacturing in july has left analysts scratching their head. Both gauges little significant this year in chinas important manufacturing sector. Ber will emerge with didi that is according to people familiar. They say the new company will be valued at 35 billion. Business loans and u. K. Are set to shrink to the lowest in more than a decade since weaker economic prospects are following the brexit total will thet and a number markets have recovered from the shock of brexit. In managing director said strange and said the eu and the backlash t
Well be going to that in a moment. Melissa all right. The fight for key battleground states is on. Donald trump hosting a town hall in colorado any minute where he will no doubt respond to Hillary Clintons attacks in her acceptance speech last night. We will take you there live. Meanwhile, clinton remaining in pennsylvania, touting her economic plan to boost jobs and build up infrastructure with more taxes and spending. Steve forbes joins us with his take on this one. And how weak is the european economy . David ouch. Ouch. Melissa were about to find out. The results could have major impact on markets here come monday morning. David we know our economy is weak. Well be dealing with that as we deal with a markets. The dow ending the day lower, down about 25 points. Lower for the week as well, but a huge pop in gold. Turn around in oil, that is what phil flynn is looking at. He is a fox business contributor. Meanwhile lori rothman on the floor of the nyse. Lori despite a turnaround for o