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CNBC Power Lunch June 22, 2024 - Vimarsana News

CNBC Power Lunch June 22, 2024

Were the two profit drivers in the Second Quarter for General Motors and more importantly for investors, margins were above 10 and for the remainder of this year General Motors expects business to be Even Stronger in part because of pickup trucks in north america. Our pickup share in the Second Quarter was up close to 3 Percentage Points on a year over year basis. So we continue to see a lot of Strong Demand for fullsize pickups, suvs and crossovers. To drive that point home think about this. Year to date General Motors pickup sales, both fullsize and midsize up 25 . Thats one reason why gm is...

BLOOMBERG The Pulse June 22, 2024 - Vimarsana News

BLOOMBERG The Pulse June 22, 2024

Im Francine Lacqua. Manus im manus cranny. Shall we get into this breaking did . Francine we have some european encompass it pmi. Composite pmi falling to 52. 5. Analysts were forecasting 52 5. 5 manus the eurodollar declining. Germany missed on that as well. For the compass it for the whole of europe, it also missed. Francine actually the services pmi fell more than the manufacturing pmi. Lets bring and stephen morel. Great to have you on the program. When you look at the pmi, how much do we care about this . We are still so worried about greece worried about what happens with the debt relief...

BLOOMBERG Bloomberg Surveillance June 22, 2024 - Vimarsana News

BLOOMBERG Bloomberg Surveillance June 22, 2024

Threeweek rally sparked by unprecedented Government Intervention cannot be sustained. The Chinese Government has allowed more than 1400 companies to quit trading. It has banned major shareholders from selling their stakes. President obama has become the first u. S. Leader to visit ethiopia. He arrived in addis ababa last night. He will talk with several African Leaders about the civil war in south sudan. Earlier, he wrapped up his trip to kenya with a call to end corruption. President obama too often, in kenya as in other places corruption is tolerated because that is how things have always be...

BLOOMBERG Market Makers June 22, 2024 - Vimarsana News

BLOOMBERG Market Makers June 22, 2024

Morning. It is so vast that the Vice President of the united dates jumping into help here we will hear that plan coming up. Stephanie until then, ill give you the top news stories for the morning. I mentioned it earlier. Stocks in china earlier today. The benchmark shanghai composite index, 8. 5 , the most since 2007. Investors are growing concerns the Chinese Government may end those unprecedented steps it took to prop up share prices. Earlier this year on bloomberg television, the head of the council on Foreign Relations call that a nightmare scenario for chinese leadership. Where does the g...

CNBC Worldwide Exchange June 22, 2024 - Vimarsana News

CNBC Worldwide Exchange June 22, 2024

The greece story would play out. We did see a significant head line in the index in the month of june coming in at 1. 074. Coming in at 1. 08 against expectation. Were looking at highs of 1. 11 against the u. S. Dollar. Lets get reaction from bill oneal from ubs Wealth Management. From the headline number bill this number looks pretty good . Yeah i think its provide something reassurance that a multidollar recovery is still under way in europe. I think the weakness of the euro posed the greek settlement that played a role here. Clearly that to be reflected in green coming through the market fo...