143
143
Dec 10, 2013
12/13
by
BLOOMBERG
tv
eye 143
favorite 0
quote 0
i am francine lacqua. this is "on the move." our next guest thinks there is good value and equities in health care and financial stocks. for more on that and her outlook, let's welcome lucy make donald. -- mac donald. great to have your the program as always. what is the difference in 2014? some of the groups you like -- health care and technology. >> technology has not been a great area this year apart from some like social networking being very strong. broadly, it is not been one of the leading groups. going into next year you can see some of the larger companies like an apple needing to recover and microsoft going to a new phase of recovery. that will make the sector will cover broadly. that is an area where you can still see absolute values and a market that has been difficult to find. that second area that has been interesting next year for different reasons is industrials. because as mark carney said, we really need to see the coming through. the big guns to come through. we need to see it come throu
i am francine lacqua. this is "on the move." our next guest thinks there is good value and equities in health care and financial stocks. for more on that and her outlook, let's welcome lucy make donald. -- mac donald. great to have your the program as always. what is the difference in 2014? some of the groups you like -- health care and technology. >> technology has not been a great area this year apart from some like social networking being very strong. broadly, it is not been...
163
163
Dec 16, 2013
12/13
by
BLOOMBERG
tv
eye 163
favorite 0
quote 0
is out there in the public very francine? policy groupsour saying about this? >> they are outraged or they're preparing for battle. this is a major issue for them. they have some backing on capitol hill and we will see how this happens in the next six months. so much for that. hans nichols from berlin. next, bloomberg speaks to the real wolf of wall street who points out what he says about letting his kids work in finance. ♪ >> welcome back to "on the here" i'm francine lacqua in london. now, the wolf of wall street stars leonardo dicaprio. fallrug fueled rise and the kim legend thanks to a best- selling book. bloomberg sat down with the man himself. >> my name is jordan belfort. the ureter and 206i made $49 million. >> wherever went i brought my value. is all this legal? absolutely not. was almost a blueprint of what to do and what not to do. when i was at the bottom -- when is writing was on top i was as good as people were saying. >> greed, for lack of a better word, is good. think a lot of people bought into that notion
is out there in the public very francine? policy groupsour saying about this? >> they are outraged or they're preparing for battle. this is a major issue for them. they have some backing on capitol hill and we will see how this happens in the next six months. so much for that. hans nichols from berlin. next, bloomberg speaks to the real wolf of wall street who points out what he says about letting his kids work in finance. ♪ >> welcome back to "on the here" i'm francine...
207
207
Dec 9, 2013
12/13
by
BLOOMBERG
tv
eye 207
favorite 0
quote 0
i'm francine lacqua. our markets team is everything covered from country -- from companies to currencies. our markets editor manus cranny. jonathan, we will start with you. >> we have conducted the lubeck taper poll post jobs. december, 40%y say march. that is down from 53%. i think a lot of people will say the consensus still around march time. can roulette january, either. you.hn, thank caroline, and news, hsbc are the biggest corporate news. >> it could be spinning off its u.k. retail unit. we know that is high regulations in the u.k. kicking in. vickersy with recommendation that you separate retail banking. could this be worth 23 billion pounds e >> watch out for hsbc when the stock market opens in a few minutes. >> today's the day when 300 of them have to make up their minds. you cross the line and get into bed with the -- of justice? this is what the swiss authorities and regulators are encouraging the swiss banks to do, francine. if you don't do it, you face potential criminal litigation from the d
i'm francine lacqua. our markets team is everything covered from country -- from companies to currencies. our markets editor manus cranny. jonathan, we will start with you. >> we have conducted the lubeck taper poll post jobs. december, 40%y say march. that is down from 53%. i think a lot of people will say the consensus still around march time. can roulette january, either. you.hn, thank caroline, and news, hsbc are the biggest corporate news. >> it could be spinning off its u.k....
150
150
Dec 20, 2013
12/13
by
BLOOMBERG
tv
eye 150
favorite 0
quote 0
francine? nichols speaking to us from berlin. this relaxation tool has been called a gym membership for your mind. >> find out why a british olympian credits this app for his gold medal. next. ♪ >> welcome back to "the pulse." we are here at bloomberg's headquarters in london. i'm francine lacqua. >> and i'm guy johnson. these are the top headlines. hasikhail "khodorkovsky" been released from prison. 2003. arrested back in said he was released for humanitarian reasons. standard & poor's dropped the unions rating from aaa to aa plus. lamborghini has unveiled images of its new supercar. hurican.oking at the the time brands all-star lineup will have to stand out in a crowded market for luxury sports cars. gallardo.eplacing the it has a feet 10 in it. it looks a lot like the car i got to drive. the performance is better, but you're paying a lot of money. zero-60 in 3.3 seconds. is 1-60 in three seconds. we have seen a handful of high- profile examples lately. lloyd's banking ceo took a nine week loop week of absence for exhaustion.
francine? nichols speaking to us from berlin. this relaxation tool has been called a gym membership for your mind. >> find out why a british olympian credits this app for his gold medal. next. ♪ >> welcome back to "the pulse." we are here at bloomberg's headquarters in london. i'm francine lacqua. >> and i'm guy johnson. these are the top headlines. hasikhail "khodorkovsky" been released from prison. 2003. arrested back in said he was released for...
258
258
Dec 23, 2013
12/13
by
BLOOMBERG
tv
eye 258
favorite 0
quote 0
to i'm francine lacqua here london. luxury furniture maker in italy makes posh interiors for top range cars. we took an exclusive tour. i am chairman of the business that is called interiors in motion. [indiscernible] our main client, and we're proud of this, is still for ari. that is part of our story, but in recent years the real growth of other important brands, not on the italian brands. so in addition to for ari we , faulk wagon, jaguar. i think our strength is a possibility to be able to make a .ransfer from what we have from thele to move home front to the interior of cars. the other i would mention is all the things we call customization. a customer came to us and wanted that shehe same color had in the boot. the wife of this customer wanted to match the interiors. leather is a natural material and that creates and an additional level. the test ofantee quality. >> horst you have to love those boots to match them terrible car. car.tch them to a whole profits below estimates, european business correspondent caroli
to i'm francine lacqua here london. luxury furniture maker in italy makes posh interiors for top range cars. we took an exclusive tour. i am chairman of the business that is called interiors in motion. [indiscernible] our main client, and we're proud of this, is still for ari. that is part of our story, but in recent years the real growth of other important brands, not on the italian brands. so in addition to for ari we , faulk wagon, jaguar. i think our strength is a possibility to be able to...
119
119
Dec 18, 2013
12/13
by
BLOOMBERG
tv
eye 119
favorite 0
quote 0
francine, guy? >> hans, thanks so much. hans nichols with the latest on amazon. >> ok, from germany to the united states. america is getting a cheaper version of the little blue pill. the news follows a settlement between pfizer and the israeli-based teva pharmaceuticals. we're following the story from tel aviv. elliot, was it a complete victory for teva? what's going on? >> well, not necessarily. in fact, some people could even see this as a defeat because teva wants more than it got. but basically this states back to 2010, and it dates back to when part of pfizer's patent for viagra was deemed invalid because it closely resembled a between ease medicine, known here as horny goat weed, randy lamb herb or randy beef grass. now, because of that, teva has been fighting to get the rest of pfizer's patents invalidated. yesterday we got the decision in the u.s. courts. they threw out teva's request, but it's part of a broader agreement between the two companies. teva will start being able to sell generic versions of viagra in th
francine, guy? >> hans, thanks so much. hans nichols with the latest on amazon. >> ok, from germany to the united states. america is getting a cheaper version of the little blue pill. the news follows a settlement between pfizer and the israeli-based teva pharmaceuticals. we're following the story from tel aviv. elliot, was it a complete victory for teva? what's going on? >> well, not necessarily. in fact, some people could even see this as a defeat because teva wants more...
156
156
Dec 6, 2013
12/13
by
BLOOMBERG
tv
eye 156
favorite 0
quote 0
. >> i'm francine lacqua in london. this is "on the move" on bloomberg television, radio and streaming on your phone, your tablet and at bloomberg.com. of course today we have the u.s. jobs report out later. all the data from the u.s. this week has set expectations for a strong number. our markets editor manus cranny joins us with the latest. what exactly can we expect from the jobs report? >> in term turnovers actual number, the median number is 185. the numbers are pricing in perhaps a stronger number. the services number didn't quite live up to the estimate. put that together with the private indicator we had from a.d.p. and the consensus is you can be looking at around 200,000. it is about the velocity and momentum within job growth and whether those jobs that are being created actually translate into spending power. and to that end, this year is going to be the best year since 2005 and you're lookingan at an unemployment rate down around 5%. it will be the correlation between tapering and the guidance in terms of t
. >> i'm francine lacqua in london. this is "on the move" on bloomberg television, radio and streaming on your phone, your tablet and at bloomberg.com. of course today we have the u.s. jobs report out later. all the data from the u.s. this week has set expectations for a strong number. our markets editor manus cranny joins us with the latest. what exactly can we expect from the jobs report? >> in term turnovers actual number, the median number is 185. the numbers are...
123
123
Dec 11, 2013
12/13
by
BLOOMBERG
tv
eye 123
favorite 0
quote 0
i am guy johnson. >> i am francine blackwell. -- francine lacqua. let's get you some company news. blackstone is expected to price its hilton hotels ipo later today. it is the biggest hotel ipo on record. foxconn is launching an investment fund to finance wearable technology startups. foxconn is the maker of apple's iphones and ipods but it wants to expand beyond manufacturing as phone sales challenge the company's goals of 15% annual revenue growth. lloyds banking group has been fined 28 billion pounds by the u.k. financial conduct authority. the fine is for serious failing to control how it awarded sales teams. it is the biggest ever fine for a retail bank for sales. >> staying with the banking team, over to you guy. >> the long-awaited volcker rule was finalized in the u.s. yesterday. regulators signed off on what they are calling a strict volcker rule. the final draft of the ban on proprietary trading imposes new curbs. it leaves many details to be worked out later. a media bangkais banking analysts. everybody wins. >> i think so. as i said this morning, one of the key things h
i am guy johnson. >> i am francine blackwell. -- francine lacqua. let's get you some company news. blackstone is expected to price its hilton hotels ipo later today. it is the biggest hotel ipo on record. foxconn is launching an investment fund to finance wearable technology startups. foxconn is the maker of apple's iphones and ipods but it wants to expand beyond manufacturing as phone sales challenge the company's goals of 15% annual revenue growth. lloyds banking group has been fined 28...
128
128
Dec 17, 2013
12/13
by
BLOOMBERG
tv
eye 128
favorite 0
quote 0
i am francine lacqua. these are the top headlines. angela merkel will be sworn in for her third term as a german chancellor. she signed a platform yesterday that leads her union and control of key ministries. her 16 member cabinet will also be sworn in today. than 800have shed more billion euros in assets since the end of 2011 according to reports by the top banking regulator. well they canw sure losses over the time period. criticized a plan on how to deal with failing banks. he said at the current proposals might be too complicated. ministers are meeting in brussels to work on a plan for future bank failures. the french finance minister said needed a deal to be reached by thursday. speaking of central banks, we are getting the breaking news from sweden. they lowered the key rates to around zero point 75%. an impact and what that is doing on the currency very shortly. something a lot of economists were expecting. something we will continue to mention throughout the day. let's get more on the breaking story. our europe editor david tw
i am francine lacqua. these are the top headlines. angela merkel will be sworn in for her third term as a german chancellor. she signed a platform yesterday that leads her union and control of key ministries. her 16 member cabinet will also be sworn in today. than 800have shed more billion euros in assets since the end of 2011 according to reports by the top banking regulator. well they canw sure losses over the time period. criticized a plan on how to deal with failing banks. he said at the...
158
158
Dec 18, 2013
12/13
by
BLOOMBERG
tv
eye 158
favorite 0
quote 0
>> i am francine lacqua in london. this is "on the move" on bloomberg television, radio, streaming on your tablet, your phone, and any windows phone as well. you can see this company down some seven percent after the company said it expects a weaker profit margin next year. this is something analysts were not expecting, which is why the stock is falling seven point five percent. workers at amazons german warehouse are on strike for a third day at the height of the christmas shopping season. they are demanding higher pay andbetter conditions. hans nichols joins us for more on the story. what is the situation like now? francine, inside these walls, inside the amazon interview shouldn't fulfillment center, it has been a hive of activity all night that is just starting to outside with these protesters. they are calling for a tariff agreement. they want higher wages, greater security, vacation money. here is where they stand on the wage factor. they make 9.50 per hour. that is the upper end of what logistical workers are pa
>> i am francine lacqua in london. this is "on the move" on bloomberg television, radio, streaming on your tablet, your phone, and any windows phone as well. you can see this company down some seven percent after the company said it expects a weaker profit margin next year. this is something analysts were not expecting, which is why the stock is falling seven point five percent. workers at amazons german warehouse are on strike for a third day at the height of the christmas...
97
97
Dec 11, 2013
12/13
by
BLOOMBERG
tv
eye 97
favorite 0
quote 0
i am francine lacqua at bloomberg's european headquarters in london. these are the bloomberg top headlines. u.s. budget negotiators have unveiled an agreement to avoid another government shutdown next week. it eases the automatic spending cuts and reduces the deficit. the house will consider the measure later this week. rbs chief financial officer is stepping down after months on the job. he will return to banco santander where he worked prior to joining rbs. his departure comes six months after chief executive stephen hester announced his own resignation. 8% stake ining its bank of shanghai. hsbc did not disclose a price. it paid about $63 million in 2001 for the state. the chief executive has sold at least 50 for businesses since taking the top job in 2011 to boost profitability. on the banks, regulation is a big focus this morning on both sides of the atlantic. our markets editor manus cranny has more on the volcker rule. david tweed has an update on the eu's bank failure plan. banks? a victory for the did bank lobbying actually pay off? >> i think
i am francine lacqua at bloomberg's european headquarters in london. these are the bloomberg top headlines. u.s. budget negotiators have unveiled an agreement to avoid another government shutdown next week. it eases the automatic spending cuts and reduces the deficit. the house will consider the measure later this week. rbs chief financial officer is stepping down after months on the job. he will return to banco santander where he worked prior to joining rbs. his departure comes six months...
152
152
Dec 13, 2013
12/13
by
BLOOMBERG
tv
eye 152
favorite 0
quote 0
. ♪ >> i am francine lacqua in london. this is "on the move" on bloomberg television, radio, and streaming on your tablet and your phone. is down some 16% after the chief executive finally resigned. as an resigned investigation into accounting practices forced the company to increase reserves. we will find out a little bit more throughout the day. the chairman has been named executive chairman while the company searches for a new ceo. i want to get reaction to this story. parker staying with us for the next ready minutes. -- 30 minutes. we discovered the news together and you said it points to how the insurance sector is seen as healthier than the banking sector, what not always. >> the details will come out in due course. it appears there was an accounting problem. there are significant losses to be quantified in the subsidiary. that results in a management change in ireland. serious, it has resulted in management change at the top. the shareholders do not like surprises and this is a nasty surprise. and they do not like
. ♪ >> i am francine lacqua in london. this is "on the move" on bloomberg television, radio, and streaming on your tablet and your phone. is down some 16% after the chief executive finally resigned. as an resigned investigation into accounting practices forced the company to increase reserves. we will find out a little bit more throughout the day. the chairman has been named executive chairman while the company searches for a new ceo. i want to get reaction to this story....
112
112
Dec 9, 2013
12/13
by
BLOOMBERG
tv
eye 112
favorite 0
quote 0
. >> i'm francine lacqua. let's get straight to the top corporate story. fiat is planning a $9 billion investment in new models. >> it is part of their turnaround strategy to end losses in europe and revise its italian factories. jonathan ferro joins us now with the details. big money, big focus on the romeo. marks like alfa >> it is not just about upscale and luxury, it is about the cars and fiat that are actually selling, the 500, the alfa romeo that has mass is potential at the luxury end of things and the maserati as well. u.s. selling more in the than anywhere else. it is about made in italy and it looks like it is going to be about sold in the united states. has beent in europe doing so badly and they have had to cut jobs within italy itself heard good news because they're actually leveraging the luxury branding that goes with the identity of italy. that is where these cars are going to be, at the high-end. let's be honest, the 500 is not the lecture end. it is considered cool and premium. they're going to leverage that. >> definitely cool. the ceo i
. >> i'm francine lacqua. let's get straight to the top corporate story. fiat is planning a $9 billion investment in new models. >> it is part of their turnaround strategy to end losses in europe and revise its italian factories. jonathan ferro joins us now with the details. big money, big focus on the romeo. marks like alfa >> it is not just about upscale and luxury, it is about the cars and fiat that are actually selling, the 500, the alfa romeo that has mass is potential at...
143
143
Dec 13, 2013
12/13
by
BLOOMBERG
tv
eye 143
favorite 0
quote 0
. >> i am francine lacqua and this is what is coming up. we have another exclusive interview to bring you. we are live at the ceo of airbus. -- we are live with the ceo of airbus. >> the house of representatives has passed the first bipartisan budget in four years. the two-year, trillion dollar deal clears the way for the president to approve spending to avoidingll lead a shutdown. >> is not the grand bargain we're expecting but it is something. >> we're seeing spending rising. i love the line from this morning. rise, we are not dealing with entitlement or corporate taxation. have a look at this. jamie dimon made a comment which was carried in the financial times. it was, thank you, thank you and may god bless you. when it comes to politics, i think boehner who is that house speaker is all about progress. >> this budget is a positive step in that direction. it is progress. it is doing what the american people expect us to do, which is coming together and finding common ground. >> that common ground comes weough in the vote date hundred 32-9
. >> i am francine lacqua and this is what is coming up. we have another exclusive interview to bring you. we are live at the ceo of airbus. -- we are live with the ceo of airbus. >> the house of representatives has passed the first bipartisan budget in four years. the two-year, trillion dollar deal clears the way for the president to approve spending to avoidingll lead a shutdown. >> is not the grand bargain we're expecting but it is something. >> we're seeing spending...
118
118
Dec 16, 2013
12/13
by
BLOOMBERG
tv
eye 118
favorite 0
quote 0
. >> i'm francine lacqua. this is "the pulse." live from european headquarters in london. >> moncler shares surging in the public debut, large is offering for an italian company since 2010. european business correspondent caroline hite joins us with the latest. it seems investors rushed to get hands -- their hands on the stocks. surged over 40% in the open. demand.ng they raised about three quarters of a billion dollars but orders were put in in excess of $20 billion -- 20 billion euros, and that was just institutional. retailers also want a chunk of the company. up goes the market valuation. it now worth 3.5 billion euros. shares priced at the top of the range. it made a new billionaire out of chairman remo ruffini who keeps a 27.5% stake. this time it was the private equity holders cashing in. the likes of carlyle group. it looks like they could have catch -- cashed in that much more considering they are up almost 42% once again. a bit of a running theme for these sheryl -- shares. like twitter. are they being underpriced, price
. >> i'm francine lacqua. this is "the pulse." live from european headquarters in london. >> moncler shares surging in the public debut, large is offering for an italian company since 2010. european business correspondent caroline hite joins us with the latest. it seems investors rushed to get hands -- their hands on the stocks. surged over 40% in the open. demand.ng they raised about three quarters of a billion dollars but orders were put in in excess of $20 billion -- 20...
114
114
Dec 12, 2013
12/13
by
BLOOMBERG
tv
eye 114
favorite 0
quote 0
we will find out next. ♪ >> i am francine lacqua in london. this is "on the move" on bloomberg television, streaming live on bloomberg.com. let's take a look at shopping in the year to come. bloomberg industries analyst joins us. he is part of a team of 140 that provide global data on all major sectors. we are looking at 2014. talk to me about valuations. asos,e online shopping, amazon, valuations are so high. --i think what we have got fear and greed. we have investors who are terrified of missing out on the second big coming of the internet retailers. sales growth remains very strong there. some of them are still struggling with profitability. thatwe have got the fear the traditional retailers are going to have things taken away from them. even if they have got good at internet operations as many of them have, there is worry about the traditional part of the business. >> are we going to see a lot more retailers trying to be more aggressive online? there are barriers of entry. >> what we are seeing is that people who weren't online, they have
we will find out next. ♪ >> i am francine lacqua in london. this is "on the move" on bloomberg television, streaming live on bloomberg.com. let's take a look at shopping in the year to come. bloomberg industries analyst joins us. he is part of a team of 140 that provide global data on all major sectors. we are looking at 2014. talk to me about valuations. asos,e online shopping, amazon, valuations are so high. --i think what we have got fear and greed. we have investors who...
135
135
Dec 12, 2013
12/13
by
BLOOMBERG
tv
eye 135
favorite 0
quote 0
johnson and francine is at t. >> welcome back. we're live from bloomberg's european headquarters in london. vladimir putin has given his annual speech to parliament. called by domestic factors in the ukraine and president clinton says that he sees no contradiction in the participation in the union and europe. next year's stress test will be more than previous exercises. the former president said that he will not hesitate. 130 lenders.ave of israel governor, stanley fischer is the top choice for the dead chairman. a person -- federal reserve chairman. a person who is familiar with they affair said the job was given to fischer and he accepted it. over to you. >> let's change gears. you may have noticed that ron burgundy has been everywhere. paramount pictures launched their pr blitz before anchorman releases this month. we look at whether anchorman o's gold campaign -- anchorman 2 bold campaign is paying off. sequelorman may spawn a that will be the comedy head of the holiday season. how did this happen? let's get the obvious out of
johnson and francine is at t. >> welcome back. we're live from bloomberg's european headquarters in london. vladimir putin has given his annual speech to parliament. called by domestic factors in the ukraine and president clinton says that he sees no contradiction in the participation in the union and europe. next year's stress test will be more than previous exercises. the former president said that he will not hesitate. 130 lenders.ave of israel governor, stanley fischer is the top...
139
139
Dec 17, 2013
12/13
by
BLOOMBERG
tv
eye 139
favorite 0
quote 0
. >> and i am francine lacqua. we begin with the highly anticipated results of the airport commission study. among the plans chosen from more than 50 proposals is the contentious idea of expanding heathrow. >> caroline hyde has been following this story. walk us through the key proposals, what is in and what is out. listat is not on the short is birmingham airport and the thames estuary. let's look at the three proposals. what howard davis said is needed is one runway by 2013 and potentially 2 additional runways by 2015. they're looking at one option with gatwick airport to build a new runway to the south of the easiest thing runway. the other two surround heathrow, our biggest hub and the most busy airport in all of europe. one new runway in the northwest and could be an extension of the existing runway. they have not listed thames estuary, saying it is too uncertain. they might look at it again in the first half of next year. boris johnson coming out today saying, it is not dead. they are not being considered. >>
. >> and i am francine lacqua. we begin with the highly anticipated results of the airport commission study. among the plans chosen from more than 50 proposals is the contentious idea of expanding heathrow. >> caroline hyde has been following this story. walk us through the key proposals, what is in and what is out. listat is not on the short is birmingham airport and the thames estuary. let's look at the three proposals. what howard davis said is needed is one runway by 2013 and...
217
217
Dec 5, 2013
12/13
by
BLOOMBERG
tv
eye 217
favorite 0
quote 0
i am guy johnson. >> i am francine lacqua. it is pretty cold in london right now. >> let's talk about the big day ahead of us in terms of macro news. the ecb will publish its decision today following last month's rate cuts, no changes expected. all eyes will be on mario draghi's inflation forecast. today.rojections jonathan ferro joins us with details. out,will say rule nothing that is what we learned last month. not many people predicted it. a lot of people thought the ecb would wait for another month of data on the inflation side. another thing was they thought they would wait until he got projections from the ecb itself. if you look at the eurozone and compared to the u.k., it is night and day. but the forecast for the ecb, they're looking for growth of 1% 1.3%.flation up that could be revised lower. we have protection -- we have 2015, anns to indication of what might happen further on. baby steps with for guidance, rates will stay low. you might get more color if you look at the projections. >> on inflation, talk us throug
i am guy johnson. >> i am francine lacqua. it is pretty cold in london right now. >> let's talk about the big day ahead of us in terms of macro news. the ecb will publish its decision today following last month's rate cuts, no changes expected. all eyes will be on mario draghi's inflation forecast. today.rojections jonathan ferro joins us with details. out,will say rule nothing that is what we learned last month. not many people predicted it. a lot of people thought the ecb would...
124
124
Dec 24, 2013
12/13
by
BLOOMBERG
tv
eye 124
favorite 0
quote 0
i'm francine lacqua at bloomberg's european headquarters here in london. here are today's top stories. u.s. president obama has extended the deadline to sign up for health insurance under his affordable care act. the program has been plagued with problems since its rollout. many of the issues have been solved. when thousands rushed the site, the government pushed the deadline until midnight tonight. the man who ineventsed the most powerful assault rifle in the world has died. he began imagining the a.k.-47 in 1941 when recovering from wounds after the german invasion of the soviet union. blackrock says it has been buying up turkish stocks over the past few days. political turmoil in turkey has been driving share prices down. sale id it has made the of shares more compelling. it dares to be brave when others are fearful. some of these fears could be justified with the recent arrests of businessmen which sent share prices down. >> yeah. we saw shares decline about 10% last month. down about 30% over the year. one reason for this is a wise-ranging corruption
i'm francine lacqua at bloomberg's european headquarters here in london. here are today's top stories. u.s. president obama has extended the deadline to sign up for health insurance under his affordable care act. the program has been plagued with problems since its rollout. many of the issues have been solved. when thousands rushed the site, the government pushed the deadline until midnight tonight. the man who ineventsed the most powerful assault rifle in the world has died. he began imagining...
59
59
Dec 11, 2013
12/13
by
MSNBCW
tv
eye 59
favorite 0
quote 0
. >>> my name is francine wheeler. my husband is with me. we live in sandy hook. our older son nate, soon to be ten years old is a fourth grader at sandy hook elementary school. our younger son, ben, age 6, was murdered in his first grade classroom on december 14th. >> we're never going to stop being ben's parents and that's complemented and made difficult by being the best parents we can be for nate, who has his own journey. >> yeah, he -- nate said right after ben died, he said, this is tough. but he said, you promised you would protect us. >> yeah. >> and i did promise him that. >> sure. >> you know? so what do i say to him? i can't change what happened. i know it wasn't our fault. we just sent him to school, but i'll do whatever i can to help protect nate and protect ben's spirit. >> david and francine wheeler. david and francine, thank you both for being here. thank you both for being here. we are coming up on one year since it happened, and i can't imagine that it was an easy decision to make yourselves publicly available again to talk about this as we come
. >>> my name is francine wheeler. my husband is with me. we live in sandy hook. our older son nate, soon to be ten years old is a fourth grader at sandy hook elementary school. our younger son, ben, age 6, was murdered in his first grade classroom on december 14th. >> we're never going to stop being ben's parents and that's complemented and made difficult by being the best parents we can be for nate, who has his own journey. >> yeah, he -- nate said right after ben died,...
208
208
Dec 23, 2013
12/13
by
BLOOMBERG
tv
eye 208
favorite 0
quote 0
i am francine lacqua. >> i am guy johnson. these are our top headlines. >> the imf raising its outlook for the u.s. economy. christine lagarde says there is more certainty there -- and then there was for 2014. she credited the budget deal in washington and the fed's plan to taper. ruling outdorkovsky a political challenge to vladimir putin. he said he will focus on freeing political visitors. he is in germany after being released from 10 years and russian prison. vladimir putin has released one of pussy riot's members. he is expected to release a second member today. they were imprisoned after a performance critical of london. >> caroline hyde has more on the markets. >> more people are dreaming of christmas rather than what is going on in the stock market. periphery is lower, spain is off by .1%. u.k. and france and germany holding onto gains. imf saying yes, the u.s. is growing. as if we needed more evidence, friday we got the third-quarter gdp revised upwards to an excess of 4% growth. many convince the u.s. will grow. cred
i am francine lacqua. >> i am guy johnson. these are our top headlines. >> the imf raising its outlook for the u.s. economy. christine lagarde says there is more certainty there -- and then there was for 2014. she credited the budget deal in washington and the fed's plan to taper. ruling outdorkovsky a political challenge to vladimir putin. he said he will focus on freeing political visitors. he is in germany after being released from 10 years and russian prison. vladimir putin has...
196
196
Dec 24, 2013
12/13
by
BLOOMBERG
tv
eye 196
favorite 0
quote 0
.- in europe >> i am francine and this is the pulse. have kit juckes, who memo on which countries are leading and lagging ingrowth. a lot requires an companies to purchase internet ads -- a companies to purchase internet ads from locally-owned businesses. stop theiring to shifting to taxable profits to havens and are stopping google, moving starbucks, from their profits and try to reduce their overall tax burdens. this is costing to -- this is cut -- this is costing countries big. the company you buy from has to be locally registered and you cannot buy advertising from google, which has their units registered in ireland. this is going to shake things up significantly. and, indeed, where the profits go. >> they will have a seamless and also finances. some would say that this violates the laws and many would say that it violates the current eu laws at the moment. this is not in line with where regulations are, at the moment. maybe they're just trying to be the charge, in terms of the debate about this? july, they putin together a blueprin
.- in europe >> i am francine and this is the pulse. have kit juckes, who memo on which countries are leading and lagging ingrowth. a lot requires an companies to purchase internet ads -- a companies to purchase internet ads from locally-owned businesses. stop theiring to shifting to taxable profits to havens and are stopping google, moving starbucks, from their profits and try to reduce their overall tax burdens. this is costing to -- this is cut -- this is costing countries big. the...
133
133
Dec 10, 2013
12/13
by
BLOOMBERG
tv
eye 133
favorite 0
quote 0
i am francine lacqua. and -- >> and i am guy johnson. the data is not having an impact although the pound is pretty much unchanged. the u.k. economy is doing a little bit better. anwe have been bringing you interview with mark carney. you said five simple words describe our approach. we are open for business. >> we are not open for the but the openness, for business point goes back to this issue of an open global economy. one of the fundamental lessons we have taken from the financial needs and where the world to get to to have a more resilient financial system is we need more resilient financial markets. we need to fix the banks. thated financial markets are more resilient. they are more like the equity market. we did not like the prices of equities in the fall of 2008, though we can always get a price. we can always transact. you cannot transact in the global derivatives market. tens of trillions dollar markets that shut and brought the system down. beingmarkets are fundamentally reformed. that is where the central bank comes in. part
i am francine lacqua. and -- >> and i am guy johnson. the data is not having an impact although the pound is pretty much unchanged. the u.k. economy is doing a little bit better. anwe have been bringing you interview with mark carney. you said five simple words describe our approach. we are open for business. >> we are not open for the but the openness, for business point goes back to this issue of an open global economy. one of the fundamental lessons we have taken from the...
110
110
Dec 20, 2013
12/13
by
BLOOMBERG
tv
eye 110
favorite 0
quote 0
francine is really looking forward to this one. she is going to be sitting crosslegged in the corner of this studio. .> i tried a bit of that it just hasn't brought me down off the ceiling. we will see how it goes in 2014. i will see you in "the pulse." from meditation to companies that are on the move. it is toyota. they are targeting sales and profit growth in europe and russia next year. that is thanks to increasingly popular hybrid models. the carmaker's plans in france and turkey are at full capacity. toyota ranks 10th in europe. the top seller of online ads after google. that is according to the researcher. facebook is on track to take more than $3 billion or more than seven percent of the u.s. digital as spending. airways in talks with alitalia. the struggling italian airline is seeking a new international backer. this as the existing shareholder air france said it won't inject fresh funds. prisonermost famous and once russia's richest man has just been released from prison. mikhail khodorkovsky was pardoned by president put
francine is really looking forward to this one. she is going to be sitting crosslegged in the corner of this studio. .> i tried a bit of that it just hasn't brought me down off the ceiling. we will see how it goes in 2014. i will see you in "the pulse." from meditation to companies that are on the move. it is toyota. they are targeting sales and profit growth in europe and russia next year. that is thanks to increasingly popular hybrid models. the carmaker's plans in france and...
169
169
Dec 19, 2013
12/13
by
BLOOMBERG
tv
eye 169
favorite 0
quote 0
francine lacqua off today. these are the top headlines. the federal reserve is trimming its monthly bond purchases to $85 billion. inis the first step unwinding the historic stimulus that was first put in place during the financial crisis. is likely to stay low well pass the time that unemployment drops below 6.5%. bank is looking to cut costs. investment bankers could receive bonuses. sales people could get cuts of around two percent. finance ministers from the european union have delivered an agreement for paling banks -- failing banks. they will pledge to develop a fund tofor failing banks. and they agreed on cost-sharing procedures. let's talk about the story, and how it has been progressing with david tweed who joins us from berlin. up,, merkel said, hurry but the criticism is ringing in everybody's ears. draghi criticism. if you look at the way they are structured, the european banking resolution mechanism, it looks clunky. let me tell you how it is supposed to work. the european central bank in its role as the single supervisor is s
francine lacqua off today. these are the top headlines. the federal reserve is trimming its monthly bond purchases to $85 billion. inis the first step unwinding the historic stimulus that was first put in place during the financial crisis. is likely to stay low well pass the time that unemployment drops below 6.5%. bank is looking to cut costs. investment bankers could receive bonuses. sales people could get cuts of around two percent. finance ministers from the european union have delivered an...
209
209
Dec 20, 2013
12/13
by
BLOOMBERG
tv
eye 209
favorite 0
quote 0
francine lacqua reports. harrods has been selling goods from this spot in london for over 160 years. with over 90,000 meters of selling space, it it is one of the largest department stores in europe. >> someone can spend an entire day. everything we have, we make from scratch. he is harrods managing director. it is his job to keep the world- famous store ahead of the competition while protecting the heritage. tough economic climate, which has hurt so many retailers, it has been harrods ability to draw international customers which has been key to their success. >> china is our biggest customer base. 20% of our international customers are chinese. very important to us. nigeria, very important. all of the middle east customers. by theods is now owned qatari sovereign wealth fund. building this multibillion- dollar escalator. >> you have to reinvent the game. we continue to reinvent ourselves. we are never complacent. harrods knows it cannot rely on its name alone. its new qatari owners are ready to dig deep. up
francine lacqua reports. harrods has been selling goods from this spot in london for over 160 years. with over 90,000 meters of selling space, it it is one of the largest department stores in europe. >> someone can spend an entire day. everything we have, we make from scratch. he is harrods managing director. it is his job to keep the world- famous store ahead of the competition while protecting the heritage. tough economic climate, which has hurt so many retailers, it has been harrods...
160
160
Dec 5, 2013
12/13
by
BLOOMBERG
tv
eye 160
favorite 0
quote 0
the housing will be a contentious issue, francine. issueill come in on this on the owner side. that is quite a bit of a long graph. >> yes. it certainly is. let's turn to jonathan ferro. what can we expect today? higher in the ecb is not so bright because they have one percent growth in the next year. they are below the target. they have a projection and you could see it a long way off. it matters. there's an opportunity to gauge the policy at the ecb. there is forward guidance and baby steps. there was an extended time. how long was that? it is an extended time. >> there is the prospect of deflation. is that justified? in october, inflation was below the level of japan. and thatthat in japan is when the comparisons took off. this goingissue of at a slower pace. you have greece, cyprus, and, i nylund. you have prices as a big problem. if i can buy an item cheaper, where would i go today? the problem is tomorrow. this is the underlying problem. you have france and the recession. and and the direct whether the ecb will go today. there is more to do. >> thank you for all of that.
the housing will be a contentious issue, francine. issueill come in on this on the owner side. that is quite a bit of a long graph. >> yes. it certainly is. let's turn to jonathan ferro. what can we expect today? higher in the ecb is not so bright because they have one percent growth in the next year. they are below the target. they have a projection and you could see it a long way off. it matters. there's an opportunity to gauge the policy at the ecb. there is forward guidance and baby...
133
133
Dec 16, 2013
12/13
by
BLOOMBERG
tv
eye 133
favorite 0
quote 0
francine, over to you. >> guy, sports direct, the british discount sports retailer is next. manus cranny is looking at the story. talk us to the story, manus. >> it comes down to chelsea kit. adidas.ld by th it is a valuable commodity for retailers and adidas. adidas has stopped are going to stop supplying chelsea kits. basically, you go in for great bargains. it has everything there it has a billionaire owner, mike ashley, who if you read the front of the sunday times is urged by the fact that adidas could be perhaps casting aspersions on the scruffy nature of some of his stores. it has brand association, does adidas want to be flogging the kit through sports direct. it is price competition and control and alien or status written all over it. so with that in mind, the story goes now that so emerged is mike ashley that he may be seeking to build a stake in adidas. i don't know. >> he is a billionaire. what we know about him? >> he's a really self-made guy. i know him through industry over the past 10-15 years. i met people have done business with him. boisterous man who like
francine, over to you. >> guy, sports direct, the british discount sports retailer is next. manus cranny is looking at the story. talk us to the story, manus. >> it comes down to chelsea kit. adidas.ld by th it is a valuable commodity for retailers and adidas. adidas has stopped are going to stop supplying chelsea kits. basically, you go in for great bargains. it has everything there it has a billionaire owner, mike ashley, who if you read the front of the sunday times is urged by...
51
51
Dec 7, 2013
12/13
by
KCSM
tv
eye 51
favorite 0
quote 0
international before the end of the year can the ec is awfully opinionated these days on everything from francine two drones. it seems like the roman catholic administration will not be slowing down anytime soon just recently a representative of the holy see criticize some very controversial trade deals that are in the works. those are of course the trans pacific partnership for the ppp and the transatlantic trade and investment partnership also known as the t t i p. these are trade deals that have by and large remain secret from the however the mass of packs are expected to affect jobs environment consumer safety and even the acceptability of medication. in a statement the holy see said. among the most damaging concessions developing countries making regional and bilateral agreements are those enhancing the monopoly is on the life saving medicines that reduced access and affordability. and those that provide excess and legal rights to foreign investors remained the policy space for nations to promote sustainable and inclusive development. and it's still ahead here on earth he is a world of birth
international before the end of the year can the ec is awfully opinionated these days on everything from francine two drones. it seems like the roman catholic administration will not be slowing down anytime soon just recently a representative of the holy see criticize some very controversial trade deals that are in the works. those are of course the trans pacific partnership for the ppp and the transatlantic trade and investment partnership also known as the t t i p. these are trade deals that...
197
197
Dec 23, 2013
12/13
by
BLOOMBERG
tv
eye 197
favorite 0
quote 0
francine, let's intend you to talk about luxury. >> designer companies have been hiking up their prices prompting the likes of rapper kanye west to claim the price increases are too extreme. now toe hyde joins us gauge the luxury market. designers and accessory designers are getting too expensive. i am a little bit be mused by y kanye west inc. they are too expensive. he is not exactly locate. >> he used to wrap about louis vuitton. his bottom row with his teeth are diamond and gold. a real diamond and -- a real diamond of course. he thought they were cooler. he proposed to kim kardashian recently with a 15 carat diamond ring. it was all over. this guy doesn't do things by half but he does claim that the vuitton bags are too expensive, too extreme he said. i might add, he has issues with louis vuitton. he felt -- he felt a bit rebuked. louis vuitton refused to meet him in paris and he has been annoyed and said to all his fans to boycott the brand. it is kind of highlighting that louis vuitton is desperately trying to get that aura of exclusivity. he is trying to get more exclusive, tryi
francine, let's intend you to talk about luxury. >> designer companies have been hiking up their prices prompting the likes of rapper kanye west to claim the price increases are too extreme. now toe hyde joins us gauge the luxury market. designers and accessory designers are getting too expensive. i am a little bit be mused by y kanye west inc. they are too expensive. he is not exactly locate. >> he used to wrap about louis vuitton. his bottom row with his teeth are diamond and...
73
73
Dec 14, 2013
12/13
by
KQEH
tv
eye 73
favorite 0
quote 0
at our website billmoyers.com, you can revisit my conversation from earlier this year with david and francine wheeler, who lost their 6-year-old son ben at sandy hook elementary. that's at billmoyers.com. i'll see you there and i'll see you here, next time. >>> don't wait a week to get more "moyers." visit billmoyers.com for essays and video features. this episode of "moyers & company" is available on dvd for $19.95. to order, call 1-800-336-1917, or write to the address on your screen. >> announcer: funding is provided by -- carnegie corporation of new york, celebrating 100 years of philanthropy, and committed to doing real and permanent good in the world. the kohlberg foundation. independent production fund, with support from the partridge foundation, a john and polly guth charitable fund. the clements foundation. park foundation, dedicated to heightening public awareness of critical issues. the herb alpert foundation, supporting organizations whose mission is to promote compassion and creativity in our society. the bernard and audre rapoport foundation. the john d. and catherine t. macarth
at our website billmoyers.com, you can revisit my conversation from earlier this year with david and francine wheeler, who lost their 6-year-old son ben at sandy hook elementary. that's at billmoyers.com. i'll see you there and i'll see you here, next time. >>> don't wait a week to get more "moyers." visit billmoyers.com for essays and video features. this episode of "moyers & company" is available on dvd for $19.95. to order, call 1-800-336-1917, or write to...
147
147
Dec 11, 2013
12/13
by
MSNBCW
tv
eye 147
favorite 0
quote 0
. >> that was david wheeler alongside his wife, francine, during an interview with rachel maddow last night. their 6-year-old son, benjamin wheeler, was among the 20 children killed in the newtown massacre nearly one year ago. the wheelers along with other newtown families have spent the last year pushing congress to pass stiffer gun control laws an they will hold private ceremonies this weekend to honor their lost loved ones. now, in the year since the newtown shooting, nearly 200 children have died from gun violence in this country. msnbc.com has profiled more than 50 children as part of its powerful "too young to die" series. alexandra brown was one of those children. she was found shot to death next to her father inside his car or inside a car this past january. dafna linzer, the managing editor of msnbc.com joins me right now. walk us through the process of selecting the 50 that were profiled. >> this was a very kind of compassionate and compelling series. the idea, of course, came out of newtown. we assigned one reporter, michelle richneck, for the entire year to profile other c
. >> that was david wheeler alongside his wife, francine, during an interview with rachel maddow last night. their 6-year-old son, benjamin wheeler, was among the 20 children killed in the newtown massacre nearly one year ago. the wheelers along with other newtown families have spent the last year pushing congress to pass stiffer gun control laws an they will hold private ceremonies this weekend to honor their lost loved ones. now, in the year since the newtown shooting, nearly 200...
176
176
Dec 6, 2013
12/13
by
BLOOMBERG
tv
eye 176
favorite 0
quote 0
. >> i am guy johnson, that is francine lacqua. ireland is set to exit its 85 billion euro bailout program next week. three years ago, ireland was rescued. it was the first of the eurozone bailouts to not need outside help. >> thank you so much for joining us. how are you feeling about december 15? it must've been a very difficult three years. you are out of the woods. it is going to be ireland on its own. >> i feel very good about it. we struggled. three years is a long time in charge of a project. we had our ups and downs. it has been positive for the last six months or so. you're confident that we will have success. we have significant cash buffers. we are fully funded. we will refresh are borrowing with the americans in january 2015. we're doing fine. a lot of people want to buy our paper. we sold a preference to the bank of ireland. 1.8 billion -- it was oversubscribed. a very good price, beyond our expectations. any time that we try anything which costs money, those international banks are backing -- we are pleased with that.
. >> i am guy johnson, that is francine lacqua. ireland is set to exit its 85 billion euro bailout program next week. three years ago, ireland was rescued. it was the first of the eurozone bailouts to not need outside help. >> thank you so much for joining us. how are you feeling about december 15? it must've been a very difficult three years. you are out of the woods. it is going to be ireland on its own. >> i feel very good about it. we struggled. three years is a long time...
148
148
Dec 30, 2013
12/13
by
CSPAN
tv
eye 148
favorite 0
quote 0
try francine a and miami, florida. caller: i think the biggest loser is the american people. ,hen you cannot work together it causes a big problem. therefore, they need to work together more. it appears that the perception of some of the people on the republican side, across as comes across as negative. that turns people away, and nothing gets done, and we, the people, suffer. good morning, and i appreciate your cap take my call that you taking my call. question?our askinge think -- we are who was the biggest political loser in 2013? i strongly feel that the american people have lost much bailout, thehe wall street entities, billions of dollars when millions of americans lost their homes but it is unthinkable. for america to be going through this. the market people need to come to terms with three allergy -- the american people need to come to terms with reality at take back the country. veteranold vietnam era insurance,r radio, and the federal government for a time. i'm disabled, and i do not feel that we should be suffering this way. we do need a republican candidate. . rep
try francine a and miami, florida. caller: i think the biggest loser is the american people. ,hen you cannot work together it causes a big problem. therefore, they need to work together more. it appears that the perception of some of the people on the republican side, across as comes across as negative. that turns people away, and nothing gets done, and we, the people, suffer. good morning, and i appreciate your cap take my call that you taking my call. question?our askinge think -- we are who...