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Earnings. Revenue little changed at 12 billion dollars while profit rose slightly to 2 billion. The ceo says Revenue Growth in the Data Center Chips and the internet of things help offset slumping demand he sees. Shares are up in afterhours trading. President obama is going to drop cuba from the list of nations that sponsor terrorism. The president notified congress about the move today. It had been a Sticking Point as the u. S. And cuba try to normalize relations. It comes just days after obama met with the cuban president castro, the first formal meeting between the u. S. And your u. S. And ...

Caroline we will be looking at the ecbs 1. 1 trillion euro bond buying plan. Mark stocks are headed for the biggest drop in weeks after gdp growth output investment, and retail data in china also load. All slowed. Yvonne man is in hong kong with the details. Where are we seeing weaknesses and strengths right now . Yvonne the weaknesses are definitely coming in line when we talk about retail sales and the factory sector. The Australian Dollar also slid in reaction to some of this data coming in from china. The First Quarter gdp was bang on target at 7 for the First Quarter. That is in line with...

2 trillion has been wiped off the market. Guy you are looking at it right now. As you can see there is a lot of red on that screen. Anna bonds continue to retreat today. That is the german and 10 year bonds showing yields. Guy that is what happens when you strip things early. The latest concern comes from the Federal Reserve chair janet yellen. She said that debt markets may exist. Equity market valuations at this point are fairly high. Not so high when you compare the returns on equities to the returns on safe assets like bonds which are also very low. But there are other potential dangers th...

Cookbook. Stephanie what a way to start off with a great show and eriks haircut. Erik the top business stories of the day. General electric getting back to its roots. Sawing off the bulk of its finance unit to refocus on the industrial businesses. Ge will sell almost 27 billion dollars of real estate assets and most of it is going to blackstone. Some going to wells fargo. Ge announced the Share Buyback of about 50 billion which would tie apple for the largest of all time. The ceo spoke on a Conference Call earlier. This is an excellent time to sell financial assets. We think the performance in...

Trading revenue was very strong in the quarter as higher volatility boosted volume. Meantime, wells fargo reported a 1. 5 drop in First Quarter profits, but ceo john stumpf remains positive. John i believe the underlying economic expansion that is approaching its six anniversary remains largely on track. I am optimistic that the improving u. S. Economy will continue to provide wells fargo with many opportunities to better serve our customers, our communities, and reward our shareholders. Emily wells fargo also saw its lending margins dip below 3 for the First Time Since the 1990s. Tennessee se...