analyst brad ericsson has a hold rating. always great to speak with you. they don't have a killer product for the holiday season. according to the company itself and its new york investor meeting, they are having difficulty when it comes to relationship how it's priced to the other products. why is it even a hold at this point? what do you see here with gopro? >> i think there is obviously a lot of value here. the brand shouldn't be underappreciated. one thing that is interesting about action cameras, you are not seeing new entrants. gopro continues to dominate this market. with that said as you pointed out, we talked about demand for session being luke warm back as far as july. i think the fact that the company's prioritized it so much this year is proving to be this disappointment here for investors that we are seeing. >> what does it need to do at this point, in your view? they did cut the session afterwards by $100. has that helped at all? what are the next steps here? do we have to wait as investors? does one just have to wait until they come out with

joining us now is the ceo at ericsson. thank you for joining us here. i want to talk to you about china and the 4-g deploilt because it seems that's where your company saw a lot of weakness. are you actively losing market share? >> no, it's deployment on 4-g. that's not strange. our customers offer a high pace of roll out. consolidate themselves in order to continue. the underlying demand for china in 4-g is still high. it's happening with 4-g. consumers is coming on and there's many consumers in china that doesn't have 4-g. i don't see a lack of demand or something like that so it's more this quarter what we see a little bit slower, china when it comes to networks. >> you say the china issue is a temporary issue when it comes to the 4-g deployment. do you have any visibility on when that might actually bounce back? >> no. i wouldn't speculate it with my customers decision when if they're going to speed up or something like that. they're all already on a high pace in china on roll out and it could be tactically that they're spending less any moment. we

ericsson back to the chaur and sam fults, the big internal 10 team player last week trying to avoid that breeze. the week last week, trying to avoid wisconsin setting up for a return. fults keeping it low. to the 28 by erickson he is stopped after a very short return, forward progress to the 32 yard line. >> 1:03 to play, wisconsin now in the hands soft fourth winningest active quarterback in college football, with a chance to get wisconsin the lead. whether they get him a touchdown into field goal range, it's up to him now. >> the tight end, a big target. he hasn't exactly been hot. but ericsson also usually from that slot position, but this isn't a nebraska secondary that has something to prove. to the 30 yard line. lungeing forward. the clock continues to move. he makes the grab. the tremendous run and catch to the side line. it was a good tackle. >> 45 second left. another four-man rush. inside at the 1st down. catch made out near mid-field t. clock will stop to reset the change, 38 seconds to play. ericson right here. >> four man rush, over the middle. it's caught, inside the 30 yar

ericsson back to the chaur and sam fults, the big internal 10 team player last week trying to avoid that breeze. the week last week, trying to avoid wisconsin setting up for a return. fults keeping it low. to the 28 by erickson he is stopped after a very short return, forward progress to the 32 yard line. >> 1:03 to play, wisconsin now in the hands soft fourth winningest active quarterback in college football, with a chance to get wisconsin the lead. whether they get him a touchdown into field goal range, it's up to him now. >> the tight end, a big target. he hasn't exactly been hot. but ericsson also usually from that slot position, but this isn't a nebraska secondary that has something to prove. to the 30 yard line. four man rush. lungeing forward. the clock continues to move. he makes the grab. the tremendous run and catch to the side line. it was a good tackle. >> 45 second left. another four-man rush. inside at the 1st down. clock will stop to reset the change, 38 seconds to play. ericson right here. >> four man rush, over the middle. it's caught, inside the 30 yard line down to the

ericsson back to the chaur and sam fults, the big internal 10 team player last week trying to avoid that breeze. the week last week, trying to avoid wisconsin setting up for a return. fults keeping it low. to the 28 by erickson he is stopped after a very short return, forward progress to the 32 yard line. >> 1:03 to play, wisconsin now in the hands soft fourth winningest active quarterback in college football, with a chance to get wisconsin the lead. whether they get him a touchdown into field goal range, it's up to him now. >> the tight end, a big target. he hasn't exactly been hot. but ericsson also usually from that slot position, but this isn't a nebraska secondary that has something to prove. to the 30 yard line. four man rush. lungeing forward. the clock continues to move. he makes the grab. the tremendous run and catch to the side line. it was a good tackle. >> 45 second left. another four-man rush. catch made out near mid-field t. clock will stop to reset the change, 38 seconds to play. ericson right here. >> four man rush, over the middle. it's caught, inside the 30 yard line do

ericsson back to the chaur and sam fults, the big internal 10 team player last week trying to avoid that breeze. the week last week, trying to avoid wisconsin setting up for a return. fults keeping it low. to the 28 by erickson he is stopped after a very short return, forward progress to the 32 yard line. >> 1:03 to play, wisconsin now in the hands soft fourth winningest active quarterback in college football, with a chance to get wisconsin the lead. whether they get him a touchdown into field goal range, it's up to him now. >> the tight end, a big target. he hasn't exactly been hot. but ericsson also usually from that slot position, but this isn't a nebraska secondary that has something to prove. to the 30 yard line. four man rush. lungeing forward. the clock continues to move. he makes the grab. the tremendous run and catch to the side line. it was a good tackle. >> 45 second left. another four-man rush. inside at the 1st down. catch made out near mid-field t. clock will stop to reset the change, 38 seconds to play. ericson right here. >> four man rush, over the middle. it's caught, in

early in the second, ericsson gets his third of the year. bruins up 3-2. two phil eagles led to overtime. flyers come back to win in overtime. royals and blue jays, kc trying to win and advance to the world series. in the second inning, chris run. 1-0. for toronto and he sure was. seven shutout innings into the eighth. troy tulowitzki broke the game open in the sixth, bases clearing double. three runs scored. royals still lead the series. game six will be friday night in kansas city. the cubs about to lose. the mets about to sweep them in the national league championship series. daniel murphy hit a home run tonight. home runs in six straight playoff games, no one has ever done that. the cubs 1908 straight without a world series victory, looks like that will continue. on friday night at 7:30, the celtics play in new hampshire. celtics will host the 76ers. tickets still available. college soccer in henniker, nec right there. carolyn mulls rips one on net. annalee schmidt handled the follow-up. clement broke it open. panthers would get another tally in the 88

ericsson missed on operating profit and sales as weak macro conditions hamper growth. maersk issuing a profit warning. kering is a bright spot though. china's tourists to europe did offset the weaker sales on the mainland. talk talk revealing a significant hack attack and cable and wireless continuing to trade higher on potential of a tie up with liberty global. stay tuned because later on the show we'll be speaking to the ceo of ericsson at 11:30 cet. and we'll be speaking to the ceo of moller maersk. joining us is european economist at morgan stanley. before we talk about the all important ecb message from mr. draghi yesterday. let's look at the october flash numbers. pretty good, aren't they? >> they are. some what better than expected. we got a sense of it earlier in the morning with the french numbers. also surprising to the upside and then the german numbers. looks as if this is mostly the domestic economy. the services sector while the manufacturing numbers even though they surprise too they came in on the weeks. all together it looks as if the euro zone is like

the ceo of ericsson. antonio, thank you so much for sticking around. we were talking about growth in europe. we talked about growth in china. they are scaling back on their 4g networks. and youre any company are doing business with china at the moment -- and i'm thinking of all the commodities -- how concerned should you be? that plays into the macroeconomics themes we have been talking about. estimating the q3 data that was released earlier this week -- with growth, slow income, just very mildly, the effect of growth that we have been estimating, it is 1.7% less. affected anden the the official reporting is not just wide, it has been widening. i think it is a concern. his production coming with -- is production coming with? consumption is ok. the others are on the good side. tom: where is the bundesbank in all of this? what is the drama we observed one we saw markets react? where is the bundesbank within the draghi ecb? antonio: it is there. it is part of the council. mr. draghi has to set policy for the euro area as a whole. weaker.was a little bit i

ericsson is expanding into other services as well as tv and media technology to try and counter this slowing growth. that stock is being called lower for the open. maerks, we know that sk owns the biggest shipping lines and they cut their profit outlook, citing a weaker global container shipping market. that is often the bellwether for global growth, so this is not only concerning for them but also for global growth as well. this stock is being called down as much as 7%. caroline: thank you very much. we are back with p and the grunge. -- with pierre lagrone. how exposed are you at the moment? is this an area you have? pierre: we have been very busy in china for quite a long time, but in terms of investment, -- theing the property real start of the decline in growth in china was coming from the property in 2014 but it is interesting that it is changing slightly. mla's and property the social spending that was cut and then the corruption measures, it was really a difficult period. another year, year-and-a-half. but like in everything, it is a china of industrial production and the ove

ericsson went down 4.87%. maerskally, ap muller said its profit outlook would be weaker. it cut the profit outlook and cited a weaker global container shipping market. this is the worst performer on the stock 600. it is not just the concern for the company. the question is, what does this tell us about global growth? jonathan: that it is not that good. thank you for breaking that down for us. here is your day ahead. germany is coming up in a few minutes. at 9:00, we will get numbers for the entire eurozone. before the u.s. session starts, we will get earnings from american airlines and proctor and gamble. numbers atatest pmi 2:45 u.k. time. this short after break with the german pmi. ♪ jonathan: 30 minutes into your trading day. with thestraight to it german manufacturing pmi. it comes in at 51.6. the direction of travel is also a concern. it is below the previous month. came in at a solid 55.2. that is better than the survey of 53.9. the composite comes in at 54.5. it is bigger than the previous number of 54.1. it is mixed you look at manufacturing, but when you look a

. >> i want to ask a question come if you look at the first down, we have fredrik ericsson saint ttip is about making the nics making between a member of the family of john gilliam saint ttip is going to transform it successful what you will about he doesn't think it will be but if you were a ttip would transform the eu into a more american-style capitalism. i'm interested in michelle and carries perspective. to use the ttip dragging the united states more towards a european model of capitalist or do you see it the other way around, that united states pulling europe towards a more american-style capital? >> thanks. thanks, edward. you know, the u.s. is not going to become the 29th a member in any way, shape, or form. i mean, even as i'm fairly modest and not so outrageous proposal for a permanent court for handling investment disputes. congress will not buy that. we are allergic to international courts. the wto appellate body got through in a very a very unusue in china by a slight of hand, but we're not going up more of those. and all of the other 29th member, the only constituency w