They do see fourthquarter dajusted ebit. At 200 ebit monthly users up about 4 . The stock up about 5 in the premarket. David we have earnings at ford, ford out of they are beating on revenue and earnings per share. Gap actually reported by earnings per share of . 39 per share as opposed to a . 32 percent . 32 prediction. They controlled costs beautifully. They had record sales in the pacific in asia. The one thing that fell short, europe. Why . Brexit. Bob shanks will be talking about this in about 20 minutes. Jonathan the ecb, 45 minutes away we get the decision. Is it that beginning of the end of the qe plan . Mario draghi expected to announce a scaling back of the Bond Buying Program and loose Monetary Policy. Running us now from outside the ecb in frankfurt is bloombergs matt miller. What is on the table . Matt the consensus is for a cut in half, from 60 billion euros a month in bond purchases down to 30 billion euros a month, and an extension of the program for nine months until s
Yesterday you saw the nikkei ended that 16 session winning streak this morning stocks are closed higher the nikkei was up by 32 points to 21,739. Hang seng down by a third. The shanghai was up by a third of a percentage point. The early trading in europe, things are in the green across the board. Gains for germany, france and london up by a third stocks in italy and spain also higher treasury yields, check this out, yields at 2. 43 . Crude oil prices which have been above 50 comfortably for quite some time are now up about 8 cents. 52. 26. Here are the big stories were watching new comments out this morning from the saudi crown prince. He says the aramco ipo will take place next year and valuation of the company could top 2 trillion the crown prince said saudi arabia is working with all Oil Producers to rebalance the global oil market. On the wall street agenda, weekly jobless claims out at 8 30 a. M. Eastern, followed by september pending home sales at 10 00 a. M. In europe, we are go
Roundtrip from last weeks big declines. The gains are back, and the stability is back, and the lack of volatility is back in the stock market today, as we see technology outperformed. That is a trend that has been in effect year to date, and we see it back in effect today. Weve seen the reversion to trend for the major averages. In terms of some of the individual stocks we are watching, we want to take a look at what is going on with altria group phillip morris. Bonnie herzog is saying that she thinks there is a deal in the making between two companies. It looks like we have a typo with our second ticker, but we can see that shares are trading up 1. 3 . We are also seeing some of the , some weakness. Amgen, the company saying a study of an experimental osteoporosis medicine did show success amongst 4000 patients in reducing the incidence of bone fractures. However, 2. 5 of the patients who took the drug developed serious cardiovascular side effects. That is why shares are down. ,his wa
Equities are trading, 30 minutes until the end of the monday session. Stocks mixed day for stocks. Declines in belgium and italy today. Gains for currencies against the euro. Merkel, the german chancellor, so the euro is to week. It is up to september high. Core yields rise, as you can see in finland, ireland, france, and austria come and of course come in the oil market, it is all about the opec meeting taking place later this week. Will production cuts be extended . Will they be deepened . Lets talk about the euro threemonth risk reversal, ending last week in positive territory. Calls are more expensive than the puts first time that has happened since october 2009, when the common currency was around 1. 50, first inklings of the seemingly endless greek crisis coming to light. Euro finish last week the highest since october. Today, highest since september. This is a lovely chart as well. G btv 8757. You can see the difference between u. S. And european corporate spreads. In 2008, the
Roundtrip from last weeks big declines. The gains are back, and the stability is back, and the lack of volatility is back in the stock market today, as we see technology outperformed. That is a trend that has been in effect year to date, and we see it back in effect today. Weve seen the reversion to trend for the major averages. In terms of some of the individual stocks we are watching, we want to take a look at what is going on with altria group phillip morris. Bonnie herzog is saying that she thinks there is a deal in the making between two companies. It looks like we have a typo with our second ticker, but we can see that shares are trading up 1. 3 . We are also seeing some of the , some weakness. Amgen, the company saying a study of an experimental osteoporosis medicine did show success amongst 4000 patients in reducing the incidence of bone fractures. However, 2. 5 of the patients who took the drug developed serious cardiovascular side effects. That is why shares are down. ,his wa