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June 21, 2024
Are finding a futuristic solution for labor shortages, and soaring wages. Concern is growing over the status of captives held by islamic extremists. Theres been no word on the condition of the japanese freelance journalist or the jordanian pilot since deadline set by the militants expired on thursday. They demanded exchanging kenji goto for a death row inmate in jordan. But leaders in amman want Islamic State to prove their pilot is alive and release him. The air force pilot Moaz Kasasbeh was ca...
June 21, 2024
Chains are struggling, many customers are coming in for the meat. It is Market Makers here on Bloomberg Television. I am Erik Schatzker. Stephanie i am stephanie ruhle, and im glad we are starting today coming in with the meat. Coming in with the meat . Erik coming in for the meat. Stephanie you know what we need now, a bulletin. Erik abbvie has won the battle for pharmacyclics and will buy the company. It makes a blockbuster blood Cancer Treatment that cost 100,000 a year and has been approved ...
June 21, 2024
Watching ahead of the closing bell. Greecess war of words with germany is increasing this week. Renewing demands and today, formally complaining about the European Finance minister. They needed to look more closely at an agreement signed in february. Greece and germany battling over how to do with a cash crunch that athens will face in the coming week. Charter communications in talks according to people with knowledge of the matter. They have about 2. 5 million cable subscribers including florid...
June 21, 2024
Tells us the u. K. Is ripe for reforms in eu leadership but there is no reason for a breakfast. The u. S. Fed gives failing marks to Deutsche Bank for their capital holdings. We bring you the latest on the second round of bank health checks. The country joins the global wave of monetary easing and lowers key Interest Rates to an alltime home low. We tell you what it means for the market. Mark get hopes of pulling the economy out of the brink. We will bring you the details on the loan program. He...
June 21, 2024
At them. When you look at 5. 7 billion pounds, that is a net loss aftertax. A oneoff charge of a cool 7 billion pounds. Property is where they take the hit. Goodwill is where they take their head. Stock is where they take their head. Restructuring costs. Still it looks frustrating for the future. The market is still challenging, so says dave lewis, the chief executive. Dividends have eased the situation. Times very tough over a tesco. I think the real issue is what about the future . You have da...
June 21, 2024
Following ahead of the closing bell. Euro area finance ministers telling greece it must meet move faster if it wants europe to unlock more bailout funds. Reese is said to have slid backwards as it has not offered the details needed. Athens has until june to reach a broader agreement with the euro area. Janus fund suffering its first black month since gross joined the firm. About 1. 45 billion in assets. Bain capital seeking funding for its third asia fund. They hope to capitalize on a surge of e...
June 21, 2024
This government is not seeking some extra european solution to what is a european problem. Cory grace, meanwhile has named the 495 million loan payment to the imf which was once in question. They have also increased the emergency funding available to greek banks. The news from greece helped to propel banks today. The stock 600 index of 1. 1 to an alltime high. Investors hoping the Quantitative Easing Program will boost the european economy. Meanwhile, a new report out of germany showed productio...
June 21, 2024
Profits sending shares to the top of the french markets. And continental raises its out look. A double digit jump in profits. Well be speaking to the group ceo in the next hour. Youre watching Worldwide Exchange bringing you Business News from around the globe. Now welcome to the show. We just got some breaking data on italian gdp. Its come in as expected for the quarter. For the year of 2014 for the final quarter at 0 for the full year minus. 5 . It was expected at. 3 . So the full year figure ...
June 21, 2024
Elimination of a single word. Patience. Will the fed lose its patience . Will it stay in the statement . Will it be gone for good . What will it mean . Will it mean another taper tantrum in the markets. Also high on the agenda this morning, everything else. Look at the tenyear note theres the yield at 2. 05. Gold down just a little bit. West texas up just a little bit. And the euro lower. It just takes 1. 06 now to buy a euro. Mandys out. And as i mentioned, sarah joins us from the nyse. As you ...
June 21, 2024
Lets look at shares of lumd ber liquidators, up 12. 5 today, up more than 4, picking themselves up. Stock up big after a bigger drop brought on by a 60 minutes report questioning tox itty in the adhesives in the countrys product. The founder completed a Conference Call a short time ago. Details coming up and, of course, we look forward to the appearance tomorrow with scott on halftime report. Absolutely. Straight to the trading action, and bob is on the floor of the New York Stock Exchange. Desp...