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June 24, 2024
Alternative and vermont senator Bernie Sanders beat the once, quote, inevitable candidate and political machine Hillary Clinton in a landslide. More than 40 points separated them. Sanders grabbing his own page in the history books, all of that was yesterday, today a brandnew chapter written by now. The campaign trail leads us to South Carolina and many of the candidates have landed there where the political environment as you all know is totally different from that of New Hampshire. Hoping to cr...
June 24, 2024
Investment bank overhaul as early as today. Manus you are welcome to countdown. Anna a warm welcome to the program. We are getting some breaking news, as we suggested in the headlines. Breaking news on credit squeeze. Manus five months into the restructuring. Of 1. 7 billion swiss francs. Cut 2000isse will additional jobs. In terms of cost cuts, 1. 7 billion swiss francs in 2016. 4. 3 billion swiss francs in 2018. You have a rising in terms of the cost savings. By 2018, a net cost savings of mor...
June 24, 2024
Malaysia tries to draw a line under it struggling state bank fund. The lapses laid at the feet of the former chief executive. Do let us know what you think. Follow me rishaadtv, include trendingbusiness. China markets getting underway and 30 minutes. Juliette good morning. We are seeing weakness coming through from u. S. Markets. Taiwan, singapore, joining in that selling across the region. The nikkei 225 down 1. 4 . Towardshas searched that intervention trigger. Japanese stocks extending falls,...
June 24, 2024
Welcome to the program, everybody. This is countdown, live from london. Just at 6 00 in the morning here in london. Let us get to breaking news this morning. We have a lot earnings coming through, starting with the business that is syngenta. In the process of becoming acquired by the stateowned at 43 billion. In the meantime, they have given us an update. Performance is resilient in a challenging marketplace. They are giving a sales number for the First Quarter, 3. 74 billion, just ahead that wa...
June 23, 2024
Quarter guidance. And default averted. The Senate Passes the budget bill to boost spending levels for the next two years. We had a major indices falling for a second straight session taking a look at the implied open. The fair value is telling us well be higher by 7 points. The Dow Jones Industrials looking at gains of 57. The nasdaq seeing an advance of 17 points and thats above fair value right now. Lets show you the month that its been in october as we head into halloween tonight. Actually to...
June 23, 2024
Data just above the flat line. Hitting the wires now. No comments on a report. In talks on a 42 billion takeover sending shares to the top of the stock 600. And nordstrom shares losing a fifth of their value in extended trade with the u. S. Retailer cutting guidance after earnings missed expectations. Hi, everybody. Good morning. Thanks for joining us. Happy friday carolyn. Its the 13th. Did you know that . I did know that. I did know. We might be mentioning a couple of friday 13th facts here on...
June 23, 2024
Tuesday we had a meeting of the federal market committee, the Monetary Policy committee, and i was on the phone with new york. Tim geithner didnt even come to the meeting because he was busy trying to figure out what to do with a. I. G. We were on the phone talking about it and i was almost an hour late for the meeting, breech of poto colonel. I was trying to manage the Monetary Policy meeting at the same time we were trying to prevent a. I. G. From failing. Rose the Transpacific Partnership and...
June 23, 2024
Tuesday we had a meeting of the federal market committee, the Monetary Policy committee, and i was on the phone with new york. Tim geithner didnt even come to the meeting because he was busy trying to figure out what to do with a. I. G. We were on the phone talking about it and i was almost an hour late for the meeting, breech of poto colonel. I was trying to manage the Monetary Policy meeting at the same time we were trying to prevent a. I. G. From failing. Rose the Transpacific Partnership and...
June 23, 2024
Eurozone inflation data set to come out in just over an hour ahead of the ecb decision tomorrow. We expect mario draghi to announce fresh stimulus to get closer to that mark of 2 inflation. Francine lets get straight to hans nichols in berlin. What are we expecting . Thed this surprise change way the ecb is thinking . Hans potentially. The expectations are for 0. 2 inflation increase. It would have to surprise considerably on the upside for mario draghi to scale back all the signaling hes done t...
June 23, 2024
Major averages here, all of them down by more than 1 . It would be tough to pin that on mario draghi since he spoke early this morning new york time. Its a broadbased selloff we are seeing today, we have energy stocks, health care stocks, financials, all trading lower and accelerating the decline. On. Day has gone interesting situation here, without a sharp catalyst necessarily as we head into the afternoon. Earlier affecting european stocks much more sharply than u. S. Stocks, coming out with a...