BLOOMBERG Bloomberg July 3, 2024
A surprise announcement as they unveiled a 3 billiondollar buyback. Japanese stocks rally, a wild 24 hours for the yen. Chinese stocks edge lower. Inflation numbers including ecb rate cuts. Top corporates report. We focus on autos and airlines. The numbers crossing when it comes to mercedes, scrutinizing the margin. First quarter adjusted earnings before interest and tax below estimates. Its famous. We knew it would be challenging. Estimates had been for 3. 7 one billion. They see fullyear cars adjusted 10 to 12 so they maintain guidance in terms of the margin. Estimates had been for 11. 1 so ...