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Whitbread falls to the bottom of the stoxx 600 after the costa coffee owner says it expects the consumer environment to worsen in 2017. Ericsson promises to continue with cost cuts to improve profitability as the swedish firm posts a wider loss than expected in the First Quarter. We will speak to the ceo at 11 20. Good morning, everyone. Glad youre with us on street signs. One of our main stories, lvmh and its majority shareholder, arnault, are set to completely take over the Christian Dior brand. Claire is at the lvmh press conference in paris. I cant get over this 12 billion euro deal. When ...

Profitability. It all comes down to cost cuts. Hsbc heading annual cost of bout 5 billion. Jonathan he had a bit of a message for the bank of england. Alix and it come downs to the Retail Banking sector. Were going to have a big interview in the next three hours, talking commodities with the new man in charge over at oy tinto rio tinto. You look at overall at the arkets, it seems to be a risk. Jonathan s p 500 futures marginally negative. In europe, its the ftse 100 thats soft but no drama. Hsbc stands sure leading the gains. In the f. X. Market, this is the one to watch as the cable rate agai...

Environment drives stocks highers, isnt it . Over the average either at or striking distance from the year, dow gaining 18 points, s p advanced. 13, nasdaq inched down, we have to go over what allows us to reach these levels. The backdrop thats conducive to higher prices for the overall market. In short, whats so special about stocks right now that we are at or near or challenging these high s . First, investors like to see low inflation. When you have low inflation, that means the longterm value of stocks, the future earnings streams youre buying are going to be preserved. High inflation erod...

Commissioner cohen is expected later. Commissioner meiberger. Commissioner bridges is on her way. Commissioner driscoll, exhibitioner makras, commissioner stansbury. A quorum is present. Thank you mr. Secretary. First on the agenda is a private session regarding investments. The chair will entertain do you want Public Comment first . How do you want it . First well talk Public Comment to go into private session. Members of the public, shall have the opportunity to address the board on this item. The items are investment items to be discussed in closed session. Any member of the public like to ...

Angela merkel and her open door policy and worse, turkey supposed to stop the flow of migrants, destabilized by another terrorist attack. And we havent forgotten your money. Would you believe another sharp rise in the price of gas. Say it aint so Varney Company is about to begin. Lets get right to it. Election alert. Two polls are out this morning, florida and ohio. They vote tomorrow. Ash, florida first. Ashley fascinating. In the lead by a long way, donald trump with 46 of the vote, followed way behind, rubio at 22 . Cruz at 14, kasich with just 10 . Stuart 24 points ahead for donald trump i...