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June 21, 2024
Today, they got it and it was historic. Six world powers and iran announced a preliminary agreement to limit that countrys controversial nuclear program. The deal ends weeks of tense talks and comes a couple of days after the selfimposed deadline. The agreement includes a sha decrease in the number of iran centrifuges. Access to uranium mines. And sanctions. President obama said the deal was a long time coming. I have always insisted that i will do what is necessary to prevent iran from acquirin...
June 21, 2024
Randgold in the first uptick of the day. The complexion is lower. Asia, making levels we havent seen since the year 2000. A couple of individual names. Some deals, Share Buybacks coming through. There is something good in the world when you get a takeover stock that opens up. Rexam, being taken over. The stock finished at 559. 5. Caroline hyde will take you through the details on that. Theres suggestion from the brokers that they may have antitrust issues. Nestle, one of the Biggest Food Compani...
June 21, 2024
Institutions including jp morgan chase, barkleys the royal bank of sc ubs will pay billions for manipulating the Interest Rate markets, one of the least regulated markets in the financial world and one of the largest, about 5 trillion changes hands every day. The traders from different banks didnt act as rivals but rather they worked together to rig the price of u. S. Dollars and euros in a scheme that went on nearly every day for five years through 2012. Eamon javers has more. Deep inside of th...
June 21, 2024
Well see if we make another go to close above that level. And were going to get the outlook for stocks in general with famed Hedge Fund Manager Stanley Druckenmiller. Hes been shorting ibm for whitequite a while. We touch on a wide range of issues. I bet talking a little bit about the fed. Auto little bit little bit. You dont hear from him that often so its even better. Take a look at the markets. Dow is up by 122 points. Theres the nasdaq as kelly said, about 4. 5 points back below the 5,000 le...
June 21, 2024
Economy, the february beige book suggesting an economy still growing, maybe not at the pace that it was, but the labor market continues to show some strength. If you warning signs for janet yellen and her colleagues. The beige book includes activity through february 23. Economic activity continued to expand at a moderate space any moderate pace. Activity slowed in richmond, boston said contacts were generally upbeat not withstanding the severe weather. Consumer spending rose, travel and tourism ...
June 21, 2024
After 4 30 this morning near the tennyson exit. Tow trucks were delayed getting to the scene to move those damaged vehicles. No word yet on what may have caused that crash. And lets get more from elizabeth. Okay, thanks. Even though all lanes were just reopened about 3 minutes ago, the delays continue. And they will likely continue for a while. So usually that corridor heading to the san mateo bridge backs up. This is obviously much worse than normal. Southbound 880 at tennyson its jammed solid ...
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
Anna flights over france are cut at a plant air Traffic Controller strike that could affect aircraft space for r 48 hours. Mark welcome to countdown. I am mark barton. Investors pushing to a fresh sevenyear high today and trading from mainland investors are growing to a record. The surging chinese tech scares tech shares is making the day of the. Com bubble look mild. We will bring you the latest in just a couple of minutes. First up, oil here in europe today and what could be the biggest deal i...
June 21, 2024
At a lloyds investor. The equity market up a bit. Lets see what is moving. Be a little bit of be a little bit careful of valuation. What you have got is the assets being moved or sent off. Some of the individual names were looking at they will deliver their numbers this week. The sunday times is are you going to share a buy back . Or an uplift. The first annual profit in a number of years. You will see a similar process here in the United Kingdom as we saw, the assets being taken out. You take t...
June 21, 2024
Some of the key focuses. Aldus agrees to buy 70 . We will have caroline go through that story. We have the story that draw he mario draghi may do a deal. A guilty charge for fraud on libor. It exonerates him from a guilty plea in Foreign Exchange. We are waiting to see it is a huge issue marks and spencer is down. The question seems to be around margins. The dollar is stronger going into margins. We are waiting on those minutes. Day four and the decline of dollar sterling. Youre looking at a 3 r...