Patrick Spencer News Today

Delivering food than transporting passengers for the first time ever. Slightlyes are down after hours. I want to bring it abigail doolittle. I want to start with uber, engagement down 44 . That is the measure of how many passengers they are transporting. What they made in food delivery did not make up for what they lost. Abigail it is an interesting quarter because they beat the estimates but revenues fell for the first time ever. As you were just mentioning, their primary business of ridesharin...

Bank of america blowing and estimates at least on Investment Banking and underwriting. It is up two point 4 . A little hesitation in the stoxx index. China is threatening to retaliate should congress do something on hong kong as well. Playing into things. The turkish lira is strengthening further, above. 6 versus the u. S. Dollar. Another movement a few moments ago after President Trump talked about watching and negotiating, and trying to calm the situation in turkey. The Vice President and secr...

Tenyear, and we are looking at a situation where the euro is going down. Basically, olli rehn has said we are going to get the bazooka out in september. It needs to be impactful. We are going to deliver in september, and when we do deliver, it is probably better we go too far rather than not far enough. That is the effect on the euro. Vonnie in the u. S. , we are seeing the s p 500 trade higher by about 2 10 of 1 . Broadly higher for most of the major indices. The 10 year yield is at 1. 55 , so ...

Capgemini buys Digital Services firm altran in a deal worth 3. 6 billion euros sending shares in both companies higher. And ecb Vice President denies low rates have hurt profitability of the regions banks and says foreign merger activity is indispensable. The iranian president has hit out at the latest round of u. S. Sanctions and says they will fail. He told state television that the measures show washingtons desperation and that tehran is practicing strategic programs. President trump describe...

Have a look at where european equities are trading right now. Gm go is your function. Oil and gas the bestperforming district groups. The best threeday rise for the industry since november 1. Gas, natural gas here in the u k dropping the 23 , highest09, level since 2013, and an explosion at one of europes biggest supply hubs. The market was already struggling to absorb the impact of a crack that shut down a north sea Pipeline Network when an explosion at the baumgarten hub in austria killed at l...

The s p 500 is the worst we have seen since march. A lot of it does have to do with what is happening in health care. Disappointing earnings as well, this morning. Weve got this agreement between amazon, jpmorgan and Berkshire Hathaway to provide Health Insurance for those companys employees those companies employees. It is unclear what the details of this Health Care Plan will look like, what it is putting serious fear into the Health Insurance industry, especially because amazon is involved. A...

Rising. But general feeling is one of where we are down for the third day in four days after dropping for the first week. Equities are declining and stocks falling, currencies falling against the dollar include the pound, the euro, the danish krone, the swiss franc. Rising, andare getting back to the bond market, betting on spanish bond outperformance versus italys performance is a question many are asking. The upgrade from fish, traders have been lessened theres a listen through the ecig about ...

This after the retailer agrees on a similar deal with visa. Yum brand appoints a new leader for its China Business in an effort to turn around four straight quarters in its biggest revenue market. Coming up on the show, guess which stock is up 1,500 on its ipo price. Heres the clue, it went public 11 years ago. Did hackers make good on their promise to expose members of the Ashley Madison website. A fire rips through shooting flames as much as 100 foot in the air. And youre watching the second h...

Noting atf it finishes down, if the Dow Jones Industrial average finishes to the downside today it will be the first down day in 10 days. Take a look at the nasdaq 100, underperforming, all of the lows. It had been closer to 1 . On paper, worst day since august thatcredit lets see if choice of. Lets see if we will have a pullback or if this will deepen. And the nasdaq tech heavy, nasdaq and nasdaq 100 british there was a report 100. There was a report that aid could be used in tesla cars. How ov...

To talk about demand as you said in your report, demand, the pace has weakened in july and august. In september we saw the impact of the hurricanes. Was it off a oneoff effect . Is this something to worry about longer term . I think the focus should shift to the fact that in the Second Quarter of this year we had exceptionally Strong Demand growth year on year. That was partly due to the fact that the year before demand was relatively weak. What we need to say is over the year as a whole in 2017...