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June 28, 2024
Beating Goldman Sachs. Coming in atates 1. 5 billion. R. O. E. Over 9 . There with us to discuss is Alison Williams of Bloomberg Intelligence. Your take on the earnings . Too few things . Wealthover 9 and their margin coming in at 25 . We saw that strength at bank of america, we saw strength at wells fargo which was a precursor but those are key metrics. They focus on that r. O. E. And the margin is one of the goals they focus on to get there. Fixed debt in line, the banking fee is something we ...
June 25, 2024
We are seeing a clear risk aversion as the german bond yields are ever lower and the ecb buying Corporate Bonds. Tom we have some financial work with the yields lower. That began yesterday morning and it is grinding ever lower. We have the political news in the United States. Francine a packed day. It was a history making night for Hillary Clinton. She declared herself the winner in the race for the democratic president ial nomination, taking her the first woman to run as a candidate of a major ...
June 24, 2024
Shake shack report earnings after the close. Shares of the burger chain are down 5 in the past year as there are growth concerns worrying investors. We are one hour from the close of trading today and the forday winning streak is in serious jeopardy here. Julie hyman has been watching the action. The s p 500 and nasdaq falling today. Some headlines on the economy right now, consumer borrowing was down last month. Credit card debt down 1. 1 million. Total credit of 10. 5 billion. A lot of the inc...
June 23, 2024
With first word news. Vonnie we are following breaking news out of mali this morning. None man attacking the Radisson Blu Hotel in the capital of bamako. Rumor is that there are 170 hostages. The Army Commander tells the ap that 20 of the captives have been freed. Until bloomberg there are u. S. , french, and the hotel. Ps in two malian citizens and one french citizen are dead. Here are the latest of elements from paris. Nearly one week after the attacks there, a third body found in a department...
June 23, 2024
Wounded. People had been lined up outside the building to get their National Identity cards. No word on who is responsible. Police in brussels arrested two people described as suspected terrorists as part of an effort to prevent terror attacks in belgium during new years celebrations. The texas teenager in the socalled affluenza drunk driving case has been arrested in mexico with his mother. Ethan couch had been missing for weeks. His lawyers argued that his wealthy parents coddled him into a se...
June 21, 2024
Yesterday as many people said the decks are so hot that their shoes were melting beneath their feet. Five people have died and many were injured among the 478 passengers and crew. Among the other stories we are watching today, sony says the Playstation Network is back online although it is still having problems. Playstation has been dealing with three days of disruptions that began on christmas and a group of hackers calling themselves the lizard squad is claiming credit. Speaking of sony its co...
June 21, 2024
I am francine lacqua. A flurry of bank news. Standard chartered has named a new box, bill winters. War on the this. Caroline hyde. Caroline, everybody has been sinking about who will take the job winters has been a perennial for every bank to be the next boss. You wonder why this one. They say in a statement that he is a globally respected banker and he has the right skills to drive it and conduct. Standard chartered has seen a series of scandals notably sanctions violations. This is why bill wi...