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BLOOMBERG Whatd You Miss July 14, 2024

Abigail . Abigail you were talking about energy outperformance. This leaves the russell 2000 and a positive spot in the near term, but the longer term, maybe still a bit cautious. A big fourthquarter selloff relative to the 200day moving average, the momentum indicator on bottom. When it goes above 70, overbought, below, oversold. The russell 2000 has been slipping downwards, and that slowly but surely says the buyers have been exiting in a very orderly manner. Right now, the russell 2000 back a...
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BBCNEWS Business Briefing July 14, 2024

The Worlds Largest motor show gets under way today in frankfurt, with all eyes on trade tensions between the us and china. With germanys economy now shrinking, the likes of bmw, vw and daimler will hope that the showcase event can give their brands a much needed turbocharge. According to the european automobile manufacturers association, the Auto Industry provides jobs to 13. 8 million europeans. However, during the first half of 2019, demand for cars across the eu fell by 3. 1 to 8. 2 million. ...
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BLOOMBERG Bloomberg Markets European Close January 15, 2018

No trading in the u. S. Because of the Martin Luther king holiday. Global stocks, another record today, up by 24 . Multiyearcy market, highs for the euro, the pound, highest level since june 23, 2016. It has risen for four straight weeks. Cpi data, big brexit events. The eu withdrawal bill returns for debate in the Lower Chamber of the house of commons tuesday, wednesday, the europound, little changed. It has been stuck in a range of 87 to 90 since september. Check out the bond market. Yields ti...
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BMW: Infrastructure more important than green subsidies

From the BBC World Service: BMW Chief Financial Officer Nicolas Peter tells us that President Biden's Inflation Reduction Act confirms they're heading in the right direction as an organisation, but it's infrastructure not subsidies that the industry needs. Plus ex NFL star JJ Watt explains why he's investing in an English Soccer team, and finally, BBC's Sydney reporter Phil Mercer reports from Australia the government has brought 10 days paid leave to help those sufferin...
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BMW AG approves further share buy-back programme with a volume of up to EUR 2 bn.

Today, the Board of Management of the Bayerische Motoren Werke Aktiengesellschaft (BMW AG) approved a further share buy-back programme in a volume of up to 2 billion EUR (total purchase price excluding ancillary acquisition costs), which is scheduled to start upon conclusion of the first buy-back programme. The latter was started in July 2022 and is expected to be completed in mid-2023. The authorization to repurchase up to 10% of the share capital within five years was granted by the Annu...
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