Doctors are headed to texas, looking for anyone who might have come into contact with with the first person diagnosed with ebola in the u. S. Prodemocracy protesters jeered leaders. The tests are the protests are in their 60 day demanding free elections. Mary barraors ceo will lay out her strategy with Investment Investors and analysts. Gm has been hampered by record recalls so far this year. Industry, the auto chrysler numbers are out for the month of september. Scarlet fu has more on the sales, up about 19 . Up about 19 . An consensus was for increase of 16 , so this is a better than estimated increase for chrysler. Previous to this announcement, analysts had been looking for General Motors to post the highest increase, 18 . Ford is expected to show a 2. 4 drop. Were still waiting for gm and ford numbers. Reiterate, chrysler reporting u. S. Auto sales for the month of september coming in with an increase of 19 , higher than what analysts had been looking for. We will be waiting for t
Audi drive volkswagens trading higher in the Third Quarter. The auto giant is at the top of the dax. Spain is finally out of recession after two years, a mere 0. 1 uptick in Third Quarter gdp marks the first time the economy has grown for a while. All right. The fed wraps up its twoday meeting this afternoon. Central banks announced last month that it wouldnt start tapering purchases just yet. The move comes amid concerns about the budget fight in washington. Senator paul wants to hold up Janet Yellens nomination. He also wants a bill on transparency. Very good morning to you. Were seeing tenyear treasury fall down to around this 2. 5 level where we stand at the moment. Expectations now for tapering starting in march next year. Will yields stay where they were . Is there any chance of them going low . I think if it becomes apparent tapering wont commence until march, treasury yields could fall a bit further, maybe as low as 2. 25 . But with that threat of tapering in the background, it
Quarterly results missed estimates and said compensating victims for defective ignitions will cost at least 440 million. Matt miller joins me along with chuck stevens. Matt, take away. Thank you. About the costsk you have set aside or the cost you pay for the actual recalls. It was 1. 3 billion in the First Quarter, 1. 2 billion in the Second Quarter, and a lot of analysts do not seem to have accounted for that in their forecast. Why do you think that is, and how much do you think it is going to be Going Forward . Before i get into questions specifically arm the recall, if i could talk about overall performance, i think it is an Important Message to get out. We continue to have strong twolts, especially in our key markets, north america and china. Recallexclude the campaigns, earnings on a yearoveryear basis were up 20 with margins of about 9. 2 . 14 hina, earnings were up yearoveryear with margins of 10 . Specifically to north america, despite the challenges related to the recap campa
Despite the guilty plea. It assures shareholders that it has enough cash to pay the fine. Former french president Nicolas Sarkozy, is he paying for questions over allegations over misuse of power. The ukrainian president calls for a ceasefire against the pro russian rebels. Display youre watching worldwide exchange, bringing you Business News from around the globe. A warm welcome. We had european pmis out this morning. Weve now got the complete eurozone manufacturing pmi coming in at 51. 8. The forecast 51. 9, so pretty much in line with expectations. Giving you a brder picture there. So just a slight softening there as far as the pmi readings are concerned. A quick recap, german manufacturing growing at its weakest rates in six months. Weve had the french Manufacturing Activity shrinking this time at the fastest pace in six months. But the spanish activity was a stand out performer dproeg at the fastest pace in seven years. This is the broader picture that weve got. We were expecting
Well as you look at those. The stocks have been beaten down to a certain extent, but a stronger dollar has helped them along. There they are. Back to you. Lori thank you, nicole p at a adam General Motors making changes in the Management Team at the government finished selling its stake in the auto market. Jeff. Jeff the headline, no more crappy cars. She has not done any interviews yet, the last time she did one was a few years ago, actually. She did say famously w cant mae crappy cars anymore. It is that simple. She boiled down a complicated dress code policy to two words, dress appropriately. Tape provided by General Motors. Todays gm is vibrant. We have been through a lot, we learned a lot of lessons but we have never lost our spirit of wanting to win. Jeff she has personally been through a lot. Started as an intern. She has done a number of jobs, she handled hr for a while. Other winners in all of this, lets take a look at them. A former ceo, the new nonexecutive chairman of the b