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Corn futures are adding to gains as a result in chicago trading. This is a crop report. It includes Crop Production numbers. It raises the winter wheat out as well. There is a result corn crop cut. It sees a lighter supply estimate for soybeans. This is overall in the world. ,orn and soy in wheat forecasts at least for coin in soybean, its weaker than expected. Its higher when it comes to wheat. We is little bit more surplus. The weather has been an issue. Potential hotter summer down the road. That could damage the land of the crops being planted. Scarlet were going to get more information on this. We were at guys together. Scarlet lets head over to shery ahn who has the latest. Some ahn there was caution before. Happy friday. We are seeing a global stocks retreating. This is from the biggest twoday decline in a month. And theseeing the dow nasdaq falling across the board. This is the second day of retreats. Getting itstors read ....
We had estimated a decline of 0. 1 . When you look at Central Banks, it is the specter of disinflation and it looks like mario draghi may have to address this. Euro area economy, we also get gdp figures. It was a little better than estimated. Gdp better than expected in the First Quarter. Vonnie we are not getting much of a Market Reaction yet. Stocks were lower in the first few hours of trading. The cac 40 down about 1. 4 . The euro also not seeing a huge reaction. People haveguess been led to believe that mario draghi will address this, so this would explain the circumstances in the markets. Lets get to the bloomberg first word news. Heres nejra cehic. And opponentsers of british membership in the European Union squared off here in london today. They gathered for t ....
Competition from Companies Making cheaper networking gear. Joining us is peterborough lows who covers cisco. Obviously the yost were not expected. Why now . There are probably people relieved because it was as high as 20 rumored. Now i think they are seeing emerging markets a lost a lot worse than they thought. Issues witho having phone carriers, about a third of their business, a very big market. There is a whole lot of change ahead of this company. Are struggling. They need to become more like google and facebook and change the infrastructure so it is less about Telecom Equipment that has to be tested and proven out over 35 years and be more like google and can crank out software eric quickly. It is all about software and not hardware. All about software. That is the transition they will have to get through. This kind of happens every year or has happened the past seve ....
His comments were totally inappropriate, should never have been made. bill de blasio has a lovely family. he s clearly very proud of them and he should be. let me ask you, how do these words then go ahead to hurt the democrats? i was trying to get the speaker, you know, with the question to react to the fact that instead of talking about her campaign, she s got to come out and try to defend bill de blasio against mayor bloomberg. i m not sure bloomberg realize what he had a gift he was giving bill de blasio with those comments. now bill de blasio gets to spend the final days talking about how much he loves his family and how proud he is of them. and the other candidates can not attack him for fear of a backlash. if i were bill de blasio, i d be sending bloomberg a thank you card for this. but as far as the interview goes, there was a lot there in terms of bloomberg sort of fighting back or pushing back very strongly against perceived criticisms against him. there were some eyebrow- ....