Basically shareholders want to know how are they going to return money to them now that they are not tom something that Craig Moffett is talking about. They added nearly 200,000 relationships. I dont know what a relationship is. I swore at my Cable Provider this weekend. Lets go to top headlines. After i straighten my bowtie. Here is Olivia Stearns. Olivia two gunmen were killed after they opened fire outside an event hosted by an antiislam organization. It featured cartoons of the prophet mohammed. That is something that many muslims consider offensive. Police shot a Security Guard. Police officers nearby thought saw what was happening engaged the two men, and shot and killed them at the scene. The Security Guard was taken to the hospital and he was released. Olivia supporters of the Islamic State have claimed responsibility. In baltimore, a curfew is being lifted six days after riots sparked by the death of a black man in police custody. Several hundred people at a peaceful demonstration outside city hall. Speakers urged protesters not to rest. Maryland governor larry hogan wants people to know that baltimore is bouncing back. Governor hogan i think the curfew is a good idea. It has been a really rough week. We want to get people back to work, back to school, and back into the city. The shops were really devastated this week. Olivia National Guard troops are patrolling the streets of baltimore but they will be pulled out over the next few days. Two more republicans are entering the race for the white house. Both are political outsiders. Carly fiorini is announcing that she is Carly Fiorina is announcing that she will be running. She is a fierce opponent of Hillary Clinton. And then carson has announced that he will run for the white house. He is an outspoken opponent of president obama and obamacare. Mcdonalds is unveiling its longawaited plan for a come back. It will be Ceo Steve Easterbrook pass biggest challenge. Mcdonalds has tried improving its menu by offering sirloin earners and grilled chicken. Tom is waiting for smoked salmon on a nag mcmuffin. On an egg mcmuffin. Tom las vegas sports the most wagered upon fight in history. Mayweather and did the fight against mr. Pacquiao. One sports book says three fourths of the bets were made on Manny Pacquiao. I watched. Olivia i watched. Tom olivia watched. Olivia i think he has gotten old. Otherwise, mayweather would have knocked him out. Tom lots of opinions on that fight. Mcdonalds with the important unveiling. I know betty lou will focus on that in the 8 00 hour. Economics, as we begin an incredibly busy economic day factory orders out friday. Politics dr. Penn carson dr. Ben carson will announce today. Governor huckabee has plans. Maybe that is tomorrow as well. We want to know about the comcast Share Buyback. Lets do it did a check. We look at equities, lets do a data check. We look at equities, bonds, currencies. The euro goes from 1. 12 down to 1. 11. On to the next screen, if you would, please. Showing the good feeling inequities, and the euro yen was at 1. 34. I will call that a churn, elevated euro. That is what the pros look at a lot. Greece yields are in. That is important with the dialogue wednesday, one of our themes bring crude not up to 70 yet but quite a recovery for oil. Lets go to the bloomberg terminal. This is the thursday weekly jobless claims, back to well before the 1970s. Here is the ugliness of the 70s of the 1970s with the inflation. What i have done is population adjusted this for a bigger america. Here is the improving trend in claims. There is a Small Business next that gets in that there is a Small Business mix that gets in the way. We are down to a record low population claims. We are down to new lows in people walking into the office again. This is accountable statistics. Olivia how do you square that with what we saw out of march jobs reports . Tom i think the march jobs report is a one off during you want to take a three month average. All in all, it is these statistics that the optimists hang their hat on. It is quite a chart when publication it is quite a chart when population adjusted. The matter of the British Elections we will have Olivia Stearns important and unique feel on that, having lived there. You are saying alice . Olivia alice or charlotte. Tom i was betting olivia. Olivia also tom also, we will see if greece blanks. Jim brings unusual perspective. He studied mathematics at cambridge. I want to go to the u. K. Elections. You are scottish. Is the Scottish National party going to take ed miliband and he is not going to be able to come Prime Minister because scots are in the way . Jim he can only becoming Prime Minister as among our government with Scottish National support. It would be very hard for mr. Miliband to do. There seems to be a movement of the weekend of the labour party for him not to actually form a government in a minority situation and let cameron struggle on. That actually is a possible outcome. Tomko totioom to our american viewers have you ever seen anything like this . You are scotland, you are the United States, United Kingdom have you ever seen this before . Jim the closest thing is 1974 when the labor government started off with a government. They had a minority government under harold wilson, struggled through for eight months, called an election, then got an a majority. Tom the bottom line is that tony blair is not ed miliband is not tony blair. Jim the substance of the policies on issues like immigration in europe are not very different. The place where the substance of his policies are different are tax and benefits. It was definitely be an overly higher tax system under mr. Miliband than it is under mr. Cameron. Olivia co why is the government not more popular . Jim the economy should be supporting him. Maybe that will come to peoples decisionmaking when they get to the polling booth. Really the issue is all around immigration. What they see as jobs, overcrowding, high prices of houses. People feel the country is overcrowded. Tom with you as the expat over there, are there two englands . Olivia very much so. I once did a story on bond street in liverpool versus palm street versus bond street in london. The country is dealing with pockets of higher unemployment. I do not want to call it poverty, but the legacy of deindustrialization. That is where labor gets its strength. Jim manchester is a pretty goodlooking and prosperous city, whereas newcastle or liverpool are less so. It is very spotty. Olivia co has been a broadbased recovery . We get u. K. Inflation out later today. One of our british producers were saying that, no, just like in the u. S. , it is a narrow recovery. Jim it has a large part of that. I think there is the north versus south thing. Cavern it does not play well in the north of england. It plays even worse in scotland. Then mr. Miliband has lost tom you were angry at me or you said he was a posh boy. No question about it. Tell us about Interest Rates. You were the actuary, you have the mathematics degree from cambridge. What is the chimp coffinthe Jim Mccaughan framework . Jim the next move is probably back to the poll. When march happened and the economy quite slowed so much i think the trend in jobs will be sufficiently good to justify moving off zero shortterm Interest Rates most likely december or october. I do not think that will make much difference to bond yields. We are currently on a 10year yield of 2. 10. That feels hide to me given the economic structural issues around supply and lack of Pricing Power. Tom does a refined soul like you darken the door at mcdonalds . Olivia not very often, but i sort of go by them at airports and the like. Tom it is going to be a Better Burger. Jim in new york it is about the competition from five guys or olivia we are just getting going this monday morning. Comcast reported results, boosting their Share Buyback. By 2. 5 billion this year alone. We will see how the cable writer how the Cable Provider boosted subscribers. You can get us anywhere you get internet because it is 2015. Tom good morning, everyone. Bloomberg surveillance. Yields reversed, 2. 13 of the 10year yield. That bears watching as we go through the jobs report on friday. Here is olivia. Olivia police in wisconsin are calling a shooting that left four people dead a random act. It happened last night on a bridge in my nausea. In minutia. The gunman is among the dead. Time warner cable left at the altar by comcast but they are reportedly listening to merger ideas once again. The company has been contacted by charter communications. Charters largest shareholder is cable pioneer john malone. Comcast walked away from a merger with time warner under pressure from regulators. The nba has its m. V. P. The Associated Press says its Golden State Warriors point guard stephen curry. An official announcement will occur later today. He led the warriors to a franchise record 67 wins this season. They currently have a 10 lead over the Memphis Grizzlies in their best of 10 memphis conference finals series. Tom it is 6 30. With jim maccoll and, with jim a coffin with jim mc caughan olivia them as we look at euro area bank loans. This is a cool bank finance statistics, showing a recovering eu. A blistering over the weekend saying forget about the pessimism on europe. And of course, a look at politics. The republican road to 2016 to be direct, is a crowded, crammed pilgrimage as they move to the first tuesday of november. Olivia comcast just reported results a few minutes ago and the analyst estimates after signing up more internet customers, also announced a Share Buyback or customers will buy 2. 5 billion worth of shares in 2015. I went to bring in jerry smith who covers comcast. Good morning and thank you for coming in so early. What jumps out at you from the numbers . Jerry comcast added a lot more internet subscribers. They lost he will tv subscribers, and that fits in with the broader trend that is happening in the cable industry right now. Cable companies are selling more internet. Comcast has more internet subscribers than cable tv subscribers. Olivia why is the future brighter for them without Time Warner Cable . Gerry people are getting more video online, and the focus of the business is shifting right now. You still have to get your Internet Service from comcast so even though the number of people getting cable tv they are cutting the cord and using things like netflix and who live , you still have to sign up for internet. The focus for comcast is selling more Internet Service. Tom they really revert to use of cash. X the merger, do you series the do you see the Share Buyback as stated, we are not going to do something, but reverse revert to the past and rely on shareholders . Gerry they are announcing their Share Buyback, that their Balance Sheet is strong. Whether or not the fact that Time Warner Cable did not happen, then they suggest that the Balance Sheet is strong and they are getting money back to shareholders. Comcast has a lot of options going forward. Analysts are saying comcast gets into the mobile phone business use all these wifi hotspots. They could look at programming deals overseas. The Time Warner Cable deal did not happen. That was a big step back for comcast, but i think these earnings show that comcast did pretty well. I was tom i was flabbergasted how much i enjoyed payperview this weekend. In five years, where is the industry you are covering in five years . Talk about disruption. The whole thing is getting disruption in the trenches. You and alex sherman where are they going to be in five years . Gerry if you look at the trends right now, the people signing up for cable tv is starting to go down. The number of people getting internet is going up. People are going to be getting their television online. They already are, and i think that is going to continue to happen. Comcast their business is really about broadband and selling more and more broadband subscriptions. Jim in the longer term we will have the digital capacity to bypass cable and wifi and hotspots. Gerry that is an interesting question for Wireless Companies like at t and verizon and the 4g service. The ability to watch video on your smart phone, on your tablet while youre on the go is an extremely exciting opportunity for these companies. Tom thank you so much. In our next hour, we will look at the Interest Rates, the linkage of economics. Stay with us this monday morning. It is bloomberg surveillance. Tom good morning, everyone. Bloomberg surveillance. Futures up three, the 10year yield, 2. 13 . Eric nielsen at unicredit wrote that he is optimistic on europe. The european household sector is quite healthy. If only u. S. And u. K. Household brand doubledigit savings ratios, there would be more capital available for investment in their current account deficits would not be so large and easily Strong Enough to generate a robust recovery now that the fiscal drag is over. There is grease and then there is everybody else, and everybody else is pretty good. Jim everyone else is better than they were. The weaker euro has worked wonders for europes very large export industries, whether it is german car companies, aerospace. They are all doing really well. That put more spring in the step economically of particularly the europe the eurozone. Having said that, i am concerned that the banks do not tip the Balance Sheet to continue the credit which is necessary in order to get the economy moving. Tom why is this so hard to do in europe . Why cant they clearly markets why cant they clearly markets like we can . Jim we had extreme monetary stimulus. It took the europeans several years to get their banker would we had fiscal assistance we had fiscal deficits. We had Bank Restructuring with the recognition of the recapitalization of the banks. That is not completed yet in europe. In other words, what has happened in europe is that they recovery play that was done in the u. S. In 2009 and 2010 is still in train. Olivia at this point the majority of investors that come on this show are always on european equities has mario draghi is still printing money and they are not worried about greece because they believe with sufficient reforms the situation has been contained. What are they getting wrong . Jim one thing i would question is if you go further out, will qe actually work in europe . Will it provide the economic stimulus, the desired . The transmission mechanism in the u. S. Is obvious. It will put more money in peoples pockets. That is not obviously going to happen in europe, so i question the bullish thesis. No doubt it will rise this year but it is not the issue. Olivia our single best chart is coming up, about growth in europe. Er elevated this morning. The 10year, 2. 14 . That is not where it was two hours ago. Lets get the headlines with Olivia Stearns. Olivia near dallas, two gunman opened fire outside an event. A vehicle pulled up for it two men got out and opened fire on a security officer. He is dressed like a Police Officer. However, he is unarmed. They started shooting, and that man was shot and taken to the hospital where he was treated and has been released. Officers that were close by saul what was going on, engaged the two men, shot and killed them both. Olivia there is no word on who the gunmen were and if the cartoons drawn at the contest were seen as insulting by many muslims. In the earthquake in net paul has resulted in in nepal has resulted in 7200 deaths. So many large cargo planes have been flying into the kathmandu air force that the runway was damaged, so the runway was closed temporarily before reopening. No breakthrough with talks aimed at unlocking more bailout money for greece. Progress was made in four days of negotiations over the weekend, but differences remain on a wide range of issues, and the government will not budge in its opposition to cutting pensions or raising the sales tax. They are saying the government should have enough money to get through next week. And the secondbiggest movie debut ever avengers age of allultron took in 187 million. The fight took in 207 million. Tom in baseball, the dreaded yankees swept the threegame series in boston for the first time in nine years. Gardner a three run homer in the sixth, gave them a threerun league. They had a chance to win in the ninth bases loaded instead, a slide out to center. Confounding the skeptics, the red soxs season turn it upside down. Olivia it was a complete sweep at fenway. Tom the season is over. There are phrases at the moment. The new normal and the new mediocre. That is not the red sox, but the economy. Settling around baseline trends. One that we witnessed is a trend from rural to urban. Whether it is a pushpull theory is open to debate. There is no one insight for bigger urban areas. Jim mccaughan has really put some thought into this. You and i observed this for mears observed this for years. Thinking about series thinking about cities, is our movement to big cities different than 20 years ago . Jim yes, i think so. Downtown new york and london were pretty sad 20 years ago.