Skip to main content

About your Search

20090604
20171125
STATION
DATE
2014 67
LANGUAGE
Search Results 0 to 49 of about 67
Bloomberg
Apr 25, 2014 3:00pm EDT
worrisome. china is watching carefully. i just came back from a week of thre.all st itt we are doing to isolate just reinforces the chinese feeling they do not want to open them. clearin has made it very that he sees this eurasia area where he would dominate from russia to china. if we are not careful, you are we run the risk that the balance of power sets? china is not as much of a friend to us as we will like to there is a danger that it becomes powerful together. >> russia and china historically have very difficult relations. some sort ofe increased cooperation. there has been between russia and china will st. ifre is less of a political they want to swallow russia and have or should be its main supplier of gas and raw materials. russia is anxious to go into the hands of china because china's economy is more precious. russia's trying to play with oh china and the united states. it is a difficult game. it is antagonizing as we proceed. >> you are sticking with me. we have a lot more to talk about. i appreciate it. coming up next, elon musk at making a big announcement today that could
Bloomberg
Mar 17, 2014 3:00pm EDT
got back from kiev. he tells me why the president sanctions are not enough. on china's takes disappointing data. he said it could be a whole lot worse and it is. we will be back with that right after this. ♪ >> president obama is warning that russia will face a more adoptees of vladimir putin does not loosen his grip on ukraine. it is notn says enough. asked him him -- i how much he holds our president personally responsible for what has happened right now. >> he believes he may get some penalty. for actions which are naked aggression. by the way, when a country invades another country as he did in crimea and the recent ints is assets are frozen, would not call that a vigorous response. in fact, i'm deeply disappointed the president did not announce stronger sanctions and a plan for military assistance to ukraine. those are the kind of in cap who would pay attention to. right now he is poised on the border with ukraine. i predicted he would take crimea because of his dependence on the vision for the russian empire. i am not sure what he is going to do right now. he has ever
Bloomberg
Jan 27, 2014 3:00pm EST
the global economy improving by three percent this year. they see china demand coming back. you try to compare what is going on from a company ceo to what some of the markets are reflecting to you. >> basically you have a one-way trade. interest rates zero. now you are undergoing a repricing. that will take a little while. then people will differentiate among economies. grows ishina slows or a key question for some markets. it will depend on how things play out across the globe. >> we frame this with stanley fischer. front and center. with you reading over the weekend, do you equate this time in 2014 anything like what we saw in 1997 and 1998? >> you had a whole region at that point that was out of balance. foreign exchange reserves very small. the whole region -- >> there is one element that the wholeate clearly emerging-market asset class from what we've seen in the past. it is the newly developed ability of government for -- governments to finance in their own currency. a very powerful concept that has changed the whole landscape. >> a critical question. we have talked to a numbe
Bloomberg
May 5, 2014 3:00pm EDT
bird fuel and china. international chicken sales really felt the pain from that. and finally we have the potential deal, looking for a deal in the aerospace industry. airplane seats saying it has hired an advisor to study options including the sale and the flows of surprise, and those shares are trading higher. >> ok, let's move on to our big story. target's reputation redo. the company's ceo has stepped down. you have the chief financial officer, john mulligan, stepping in to serve as the interim ceo. this comes five months after the company's massive data breach -- you all remember that. happened around christmas time. hackers store the guard data and personal information from as many as 70 million customers. changeanagement influence confidence? i have it all covered with my panel. john rico from the atlantic group. good to have you all here. what has it done, really to the company and the company business, the fact that this happened? to me as a consumer i am less likely to shop at target now, even though i may not be more vulnerable there than any place else. how has this affect
Bloomberg
Mar 13, 2014 3:00pm EDT
down 217. markets shrugging off some of the retail data, more concerned about china. cooling more than estimated and that has the markets concerned. combine that with a lower growth target, it really has stocks sliding, even though our own store sales were better than forecast. 1.1% on the s&p and 1.3% on the dow jones and 1.6% on nasdaq. "street smart" starts now. >> welcome to the most important hour of the session. we are 59 minutes away from the closing bell and a big selloff on the way. we will talk about all this, a lot of concern on the international front regarding china and its economy. we will get into that momentarily. coming up, target's biggest hack in history as bloomberg does this week investigates and finds it all could have been avoided. we will talk to a white house chief information officer about the breach. jetblue is selling the technology to put on the map. the airline' financial officers coming up. >> there is a lot to pick from today. big declines the market with technology leading declines. take a look at facebook. this is emblematic of what is going on. rollin
Bloomberg
Feb 10, 2014 3:00pm EST
in europe and china as one of the reasons for the move upward. >> tesla mixing want to get a drivers license. you can dust off your countdown clock. we are closer to a debt ceiling agreedif congress is not by february 27. it could run out of cash. peter cook has the latest. it seems like the house republicans are meeting today around 5:30 p.m. are we any closer to a deal? goes is not so secret what on. it will be a secret briefly until it gets only out. this meeting tonight is probably the stage before we get to a deal. john boehner is going to sample his conference, find out exactly where they stand, and make an offer to them on what they should ask for an exchange. is already running against john boehner and the republicans. you see later on house democrats are out of town for their retreat. you have both the house and senate out next week. february 27 is when these extraordinary measures get depleted. jack lew says we have the risk of running out of cash. it may not be enough to handle the tax refund in daily expenditures the government has. lawmakers are not here to cut a
Bloomberg
Jan 23, 2014 3:00pm EST
"street smart." take a look, off 17 points, loss of 1%. a lot of concerns right now about china and that factory data we saw today, a lot of concerns that perhaps we're looking at a global slowdown. matt is here. >> when you get bad factory data out of china, it concerns people. when you get good fact data out of china, people say i don't believe if i believe the data out of china. >> here we are. >> you can't win out of china, you know. >> like the fed, right, how everybody is interpreting. >> when ben bernanke speaks. >> starbucks reports its first quarter results, bloomberg 69 cents on revenues of $4.3 billion. we'll have full coverage of these results along with an interview of the company's c.f.o. coming up on "street smart." >> number nine is shares are jumping 5% after they released better than expected results for the first quarter. strong demand for its newer product. f-5 issued an upbeat outlook for the current people. >> american eagle dropping after saying the c.e.o. is leaving. they will replace him on an interim basis. teens are pulling back on purchases. i made a purc
Bloomberg
Feb 6, 2014 3:00pm EST
nascent company is alibaba, which many call the google or apple of china. what is your take on what they are doing, and what they are -- why they are taking so long to go public and make acquisitions? >> i'm not the perfect person to ask about the public stuff because i am not following the company that closely, but i can tell you that they are getting a bigger presence in the u.s. right now. over the last few years, we they were in businesses -- they were in businesses we really did not bump into. that is changing. we are getting calls from bankers. >> at your company? >> at our company broadly. they are poking around. they will make big moves. >> you mean big acquisitions. >> big acquisitions, not the kind of acquisitions yahoo! does for talent. i think they want to get a foothold. i do not know what will happen, but something will happen soon. >> ben, what kind of things you think they are looking at? they are in so many places with a search aspect, and amazon-like aspect -- what do you see them trying to do? >> i think they would try to buy or build a big, pure play commerce bus
Bloomberg
Apr 3, 2014 3:00pm EDT
that. it is an odd thing. really high multiple but could argue it is still cheap. >> china's largest e-commerce company is boosting u.s. investments. we will talk about what is behind the push. plus, boston beer celebrating 30 years of for winning. we will talk to the man who tastes every batch of sam adams beer, jim cook. ♪ >> time for today's global outlook. this is the newest funding and round of u.s. investments. the companies bolstering its presence here, investing in companies like shop runner. sarah frier joins me now from the san francisco bureau. spree in theng u.s.. not aw? >> alibaba household name in the u.s. but in china.iants they are listing the stock soon. preparing for an ipo in new york. >> i am wondering what the strategy is? if you break down the businesses they are investing in, messaging, ridesharing -- is there any cohesiveness here? to get a sense of why they might be doing this, it might be helpful to look at the home market in china. $.10 has been making move into e-commerce. been making aas move into e-commerce. they also recently made it possible to hail a
Bloomberg
Mar 12, 2014 3:00pm EDT
china. stepping down. we will talk about the future of the company and who will be the next ceo. ♪ question earlier today, sitting down with legendary investor george soros. the one market he watches pretty closely these days is china. he told france he look while i the world's largest country is causing tremors run the world. >> china has been the mortar of growth for the last 10 years. since 2008. growth as the american consumer that eventually ran out of resources. now, it is also running out. its growth model needs to be changed. based on exports and investments. it cannot continue like this. the authorities, to their credit, are aware of it. they are dealing with it. that does create some tremors in the global economy. >> the conversation did not just focus on china. soros was also asked what he thinks about rushing president -- russian president vladimir putin. >> he has a different idea of what society should be like. he believes people can be manipulated. it is beyond his comprehension that people can spontaneously resist. >> wrong word there. coming up next, herbalife
Bloomberg
Apr 7, 2014 3:00pm EDT
discussed. china. huge amount of tech ipos coming out of china. those things are being marked down. secondly, and most importantly, we have the fed pulling back on kiwi and perfectly natural for the high flyers the market to be the first race but -- reflect the slow look -- with drawl of liquidity. tech has been a leader for the rest of the market. over the past month it is leading the market down. that means less liquidity. the things that have run the most, most aggressive hummus storied stocks will feel that most immediately. therefore, this pullback is very minor to date. could go down a lot further without even blinking. it probably is healthy. the question for the broader market is it tech will not be the leader as it has been, what will be the leader? that is why i struggle with the market that will be led by utilities and materials and that is why people were talking about the rotation into the laggards such heirs. i do not see a market relative to the whole world if we will be led by the utilities. taper, you said a pretty active fed and keeping interest rates at zero for
Bloomberg
Feb 26, 2014 3:00pm EST
will bring in those numbers as soon as -- pollution in hitting record highs in china from capital this week. is beijing becoming completely uninhabitable? is there anything you can do but where an astronaut suit? stay with us. ♪ >> breaking news, everyone. on ukraine's debt. a olivia sterns joins us with details. >> secretary of state john kerry has said that the united states will guarantee a $1 billion loan to ukraine. they are also considering direct aid to ukraine. the trouble though, trish, is the ukraine needs about 35 to $10 to be solvent. and theou -- the eu united states have been debating this. they have said they will commit one billion dollars, but obviously nowhere near the amount of money ukraine needs to come back from the brink of default. kovacic now onh the run somewhere in ukraine. kovacic ent victoriana vich on the run somewhere in ukraine. ukraine is taking steps forward to put together a new government that could come into place tomorrow. the u.s. guaranteeing a one billion dollar loan. not enough though. they need $35 billion. trish? >> shifting focus to b
Bloomberg
Mar 5, 2014 3:00pm EST
what the final outcome would be. 70% of the business are outside of america. they are in china and russia and brazil. those markets are growing. each one differently, but china, i read yesterday, seven or eight percent growth in the economy. not nine or 10% of where it was. i do not see anything on the horizon. there is nothing on the horizon that gives you consternation and says the fundamentals of the --nomy >> the fed has been it's a much money. qwest we produced a surplus. you noticed the fiscal reform has been so uncertain. as a result, they cut expenses. the canadian mindset is you have to have a bounce budget. qwest we have john kerry speaking now. >> a tremendous job. none of us want the importance of what we came here to talk about with respect to lebanon be lost. in all of the obvious discussions taking place on the question of the ukraine. the company that came to paris today for this important and timely meeting have all bound us together by a strong commitment to lebanon. a serious conflict bills over -- lebanon's borders the crisis grows we are deeply for the security
Bloomberg
Feb 28, 2014 3:00pm EST
bombed out the currency. areasnt to look at the that have been bigger laggards. brazil and china are showing signs of life. >> thank you so much, michael gayed. we're going to go live to kiev to bring you the crisis. ♪ >> ukraine could be on the verge of tearing itself apart. russia putting pressure on ukraine's new government to act today. ousted leader yanukovych says he is still the nation's president, urging russia to refrain from military intervention. ukraine's acting president said russia is trying to provoke conflict. our bloomberg reporter on the ground in kiev with the latest. it sounds like we could be getting closer and closer to a splitting apart of ukraine. >> i'm not sure i would go that far. i would say that the new acting president has said that russia is trying to provoke them into a conflict. the region that georgia and russia fought a war over. i spoke to one of turchynov's cabinet members and asked him whether he was worried about russian military nearby. >> yes, i am. i am worried about it for sure. the capture of the government in crimea, units in my opinion
Bloomberg
May 2, 2014 3:00pm EDT
can be as bad as he has been. i am more worried for my grandchildren about our relations with china and the middle east. but i certainly think for now it is a crisis. >> the what does the electorate think, al? >> they don't want to be involved. a 11 years of war. i'm sorry. they don't want america to be engaged. that may not be a good idea, but that is what america thinks. >> and it is europe, too. this was a time when the u.s. military was exiting out of europe. driving down from the four brigades, and now we're talking about moving forces back in to europe? this is a changing landscape. we are not talking cold war, but this is not what president obama went to talk about at this stage of his second term. >> and here we are. your manicure.et >> and the blowout, too, right? thanks. coming up, washington does not agree on much, but they'd made on this -- but they may on this. rethinking the tax code. grover norquist joining. ♪ >> ok, washington may not agree on much, right, but one thing washington seems to agree on, it is time for a tax overall. got the ball rolling. the key part o
Bloomberg
Jan 22, 2014 3:00pm EST
question mark 71% of those is doingid the u.s. better. the u.s. head and shoulders above china, japan. look at brazil. all the way down here. u.s. all about the what is curious is, we basically found the same thing from central bankers around the world this morning. look at this. in the u.k. there are growth headwinds that again "will persist for some time." in japan, they will "continue which in k'sy," you cannot remember is add another $671 billion worth of bonds this year. and in canada -- "no sign of rebalancing towards exports and investments." it all points towards the u.s. dollar. here is the dollar for the last this.at look at really the past couple of months. the dollar trending up. no wonder. the u.s. economy is improving. look at the rest of the world, at least central banks. they are having problems. by the dollar. that is your play. >> thanks, adam. we have news crossing here on ebay, first on earnings. some that seems to be relating to carl icahn. let's go to julie is usual to get the earnings news first. >> the analysts estimates beat by a penny here, but i do wa
Bloomberg
May 1, 2014 3:00pm EDT
go inside pepsi next. plus, is china's economy about to eclipse the u.s.? we will hear the heart of the debate that may redefine relations between washington and beijing next. ♪ >> pepsico fighting a multi- front battle. dealing with nelson peltz who wants to see pepsico spinoff the struggling beverage business. betty liu spoke with the pepsico chairman and ceo about dealing with activist investors, and she joins us now. still on set with me is jeff mccracken. --t does he say about how she say about bringing back the carbonated soft drinks could affect the business? >> both pepsico and pepsico -- coca-cola dealing with a deflated soft drink market. there is no secret to the trend. there is diy home improvement am a cars and now diy colas. that seems to be the next trend. she's wanting to see if this markets -- in the market will really grow, and if it is a misuse open to looking at technologies being developed, including the one game developed by soda stream. they are the target of a lot of acquisition talks. the things she said to me on that which i will play for you in a moment,
Bloomberg
May 6, 2014 3:00pm EDT
amazon and ebay can compatriot china's e-commerce giant. i will be back in two. ♪ >> today is the ten-year anniversary of greenhill's ipo. taking it in public was a noble idea but since then we have seen public.e all going for a look at the rights of the boutique investment bank shop, i am joined by scott bok. great to have you. this seems to be a real shift. cristina alesci and i'm talking about all of the deal activity we are saying. we are not seeing in terms of mergers because nobody wants to be too big. what is the problem with the one-stop shopping right now? that credit has become a commodity. if you want to borrow money, you can do it from a lot of places. a bank no longer can say higher mean is your divisor. --is a conflict of their advisor.me as your >> is there a conflict there? >> it is not always getting a dvice is a conflict of interest, but it can become one. when the downturn began, there were a lot of pending loans on deals and suddenly the bank did not want the deal to go through because they were going to have to put out the loan. >> let's take a look at green hill,
Bloomberg
Mar 18, 2014 3:00pm EDT
, avatar -- away.'t give it >> we will have more with our onst francisco sanchez china. he has been there, what? 10 times? stay with us. ♪ >> last night, seattle's city council dealt a big blow to ride sharing outfits like lyft and significantly limiting the number of drivers these companies can have on the road at any time. 150, that's it. lyftfought back, while called it protectionist. city councils around the country are trying to figure out how to regulate this rowing industry versus the old yellow taxi you are used to -- this growing industry versus the old yellow taxi you are used to seeing. joining us, to lehigh men. jewels? >> the ruling is that these companies can -- joining us, julie hyman. jules? the ruling is these companies theonly have 150 drivers on road any given time. it is a big constraint. >> [indiscernible] 2002 you're going from 150, that is -- from 2000 to 150, yes. >> why? >> it is not -- it does not seem like any reason, except it is and the taxiness, union potentially. that is what we talked earlier onthe ceo of sidecar bloomberg west. that was essentially
Bloomberg
Apr 28, 2014 3:00pm EDT
milken conference. and also, how the economic relationship between the u.s. and china is changing. it is changing pretty fast, and why the u.s. needs to rethink trade relations with beijing. we will be joined by stephen roche who will be ahead, next. ♪ >> the milken global complements brings together -- conference decision-makers, great ideas to work in the marketplace and to transform those ideas into action. joining me from that area stephanie ruhle. me, a founder and ceo of landry's, 500 restaurants. this man is in the restaurant and entertainment business. we need to talk big business. let's start with minimum wage. there is huge pressure to increase minimum wage in this country. how does that affect you? >> it totally affects us. we do not have a problem if you raise the minimum wage if there is no tip credit, but you cannot do it if there is a tip credit, and what we are talking about is you have waiters in restaurants that make hundreds of dollars a night, and now you want to take them up to $10 to $12. any already make $10 to $12 hour, but you cannot do it with your serv
Bloomberg
Mar 11, 2014 3:00pm EDT
commodities are sliding over concerns about china. me. miller, alongside >> it is a pleasure. good to have you back. we missed you yesterday. all by myself. >> we are going to talk about high-frequency trading. it has not lost money in five years. >> goldman sachs used to do that all the time. they used to have quarter after quarter of losing money only one day. --is see --bio is he the next hope for the republicans? and we will talk about online privacy, coming up. >> edward snowden talk that sxsw yesterday. i am glad that matt got to the bottom of the mystery. , butarted with a yesterday i want to mention it again today. it wasseeing, it commodities related shares that were down. oil is down, copper is down. .oncerns about growth in china this stock is down about two percent. mcdonald's is up. the cfo saying that it will take more steps to return more cash to shareholders. like that and the stock is up three percent. urban outfitters, matt does not get urban outfitters, what the company did come out with earnings that beat estimates. the company ceo says he is cautious about the first qu
Bloomberg
Apr 23, 2014 3:00pm EDT
, it was only seven percent. the addition of china mobile might help things a lot. >> the concern has been that the products are too expensive for the chinese consumer, right? >> if you look at what the market likes to spend money on, i do not think the product itself is too expensive. a larger phone would be a big hit in that market. ask because of competition from the likes of samsung? >> he do not need to go out and buy a tablet. this money on of r&d, do you think it will pay off? >> later this year. if our numbers prove accurate this quarter in march, this'll be the first quarter in 40 four quarters that apple has declined revenue year-over-year. put that into perspective, that is 11 years. the last time they did that, they were only doing 1.5 lien dollars of quarterly revenue. -- $1.5 billion of quarterly revenue. year is half of the going to be pretty powerful with the iphone 6. that will be the mother load of all apple upgrade cycles. near-term, i think apple gets a pass. innovations, when they come up with new things, the bar keeps getting higher because the revenues are getti
Bloomberg
Mar 10, 2014 3:00pm EDT
expert data out of china. materials producers during the worst because china has been driving mobile demand. freeport-mcmoran copper & gold is one of the worst performers in the s&p today. 3-d printing stocks. systems down five percent. exorbitantlyare valued right now. they have been very volatile. they are trading by and large flow were. finally, a big deal in the banana industry. for 520 brands a deal $6 million. the shareholders own about 51% of the new entity. this creates the largest amana producer in the world with this merger. >> one of my favorite songs, chiquita banana. you should watch the movie. >> the search for a missing jetliner now spans over nine different countries. flight 370 originating from kuala lumpur disappeared friday night with 239 all on board. so far investigators have found absolutely nothing. nothing has been recovered. an oil slick in the gulf we thought was from the jet came from a boat. the focus has shifted to two passengers traveling with stolen passports. what actually happened here yet go we are joined by the president of the chertoff group
Bloomberg
Mar 3, 2014 3:00pm EST
that could and could dominate from russia to china, a part of what we see today? >> i think it is essential in terms of understanding putin's motivation. he is trying to create a asasian space, and ukraine part of that eurasian space. the eu association agreement would have pushed it in a different direction. >> what is stopping him here? richard, what could possibly stop them? not enough?eats are >> do not forget the president. do not forget, the president has occasions,umber of this will be costly. >> typical of secretary kerry and obama. kerry is way out in front of the president. there is no cavalry coming to the rescue and crimea right now. >> go ahead. william? >> the question right now -- i think crimea, the facts on the ground dictate where things are going. the issue is whether russia militarily will strike out against the eastern part of ukraine, and that is what the statements are trying to determine or at least identify some sort of cost. whether it deters boudin or not, we do not know yet. but the statements are being directed for that future action in terms of what h
Bloomberg
Mar 20, 2014 3:00pm EDT
much of a presence in asia where there are other services. a china-based service -- a lot of the popularity of these services have to do with where where theyd area -- started. >> they are regional. >> exactly. ,> by the way, whatsapp everyone uses it in europe. from kids to grandma's, everyone. about 70 million active monthly users, which is thated by the 450 million whatsapp has and the 350 million or so the chinese one has. there are 200 million registry users, but only 70 million who use it on an act of monthly active monthly basis. you're still talking about a lot of people here. again, the position here is an investment. is not buying tango. onwhat do you pay to be tango? >> nothing. >> it is free. >> most of these services are free. aspect,se the gaming you may pay a nominal fee for that. >> one of these days we will have no cell phone bill and no cable bill. >> absolutely. we may have no cell phone. we chat is a big rival, and it is starting to nibble at e-commerce, promotions related to e-commerce, for example. this could potentially be -- you the that ali baba has compe
Bloomberg
Jan 29, 2014 3:00pm EST
the stock market as well as some places like in china, if this crashes, that falls under bernanke's resume as well. what do you make of his tenure at the fed question are >> i think pretty good, overall. while it hasn't been her fix, congress did not help at all stop he had to do it. he saved the economy with a bunch of other people. when bush finished and obama came in, that, we cannot forget. it was not easy to do. overall, positive. asre-categorizing of banks investment banks is probably enough. >> we are just getting started with bruce. >> that's right. talk to the labor secretary in an exclusive interview coming up after this break. >> as a chief executive, i am going to lead by example. in the coming weeks, i will issue an executive order requiring federal contractors to play -- to pay their federally of funded employees on new contracts a fair wage of at least $10 and $.10 an hour. if you cook our troops meals, and wash her dishes, you should not have to live in poverty. >> president obama, talking about a minimum wage, leading to my favorite headlines -- >> 1010 wins. that's
Bloomberg
Apr 9, 2014 3:00pm EDT
, don't worry. it's all good. he promises good. >> let's get to china for a second. the economy there may be flowing, but its effort -- its appetite for peta apparently is not. chinese customers want american food, and because of that, the biggest cheese supplier is australian company. cheese demand will surge 20% in the next two years. investing ins also output to cut down the length of time it takes to make cheese. chain was inza 1990. they will increase the number of pizza huts this year. my favorite part, they have mozzarella pulling contests in pizza hut. >> and it is not the pizza you think it is. when you eat pizza in china, it's a whole different kind of pizza. it has pork, sushi come on different types of fish. last time, it had lots of corn. >> can you get it just plain get up -- just plain? i do like the margarita. can you get one of those? rex yes. -- >> yes. >> but pizza in italy and france is different than what you get here. >> what you are seeing is a real trend. it is not so much about market share. companies in north america or south america are going for marke
Bloomberg
May 8, 2014 3:00pm EDT
girls and their families. it is time to #bringbac kourgirls. the u.s., u.k., france, and china plan to send in support to help locate these students, some as young as 15. all of this going on as the world economic forum meets in nigeria's capital this week. to help explain, i want to bring in the former adviser to the u.k. ministry of defense. michael, let's talk about the world economic forum being there in nigeria's capital. i was saying during the commercial break, it is hard to fathom why anybody would want to put money in a place like nigeria right now where this can happen. >> i think the source of economic fruition within any country is based on security. we have seen it in afghanistan, egypt, india, and all over north africa. you have to have some semblance of a security apparatus in the country to allow the economy to flourish. a consumer is not going to go and take -- a farmer is not going to take his goods to market and sell it if he thinks there will be a suicide bomber at the market and blow the place appeared a consumer will not come to buy products if there is a lack
Bloomberg
Apr 10, 2014 3:00pm EDT
. related. earnings related toly more outside the u.s., to the potential for china to slow down in terms of their growth. and for the potential of japan to perhaps move back into a recession, based upon their increase in taxes over the past few weeks. it is a global influence, but certainly not centered within the u.s. at the moment. >> how is what the fed is doing or not doing affecting all of this? the expectation is that janet yellen and company will leave a rates low for the foreseeable future, but they're continuing on with the paper program. should that give equity investors reason for pause? >> the fed has influenced ,arkets for the past five years for a long time. downhat qe is being phased and markets expect the fed to be done and over with it i the end of november, that is something in terms of potential tightening . the fed dismisses the fact that the taper is a tightening. probably is equivalent to something like 100 basis points of hikes in terms of the fed funds. at 25 basis remain points. we are at the beginning of a tightening cycle. it's important to analyze exactl
Bloomberg
Jan 13, 2014 3:00pm EST
. i do see local warehouses. there is a company in china that delivers to your home in three hours. amazon boxesiple on my door every day. what about same-day delivery? we just did a special at ebay, doing same-day delivery. , it gets backe pretty quickly and is a smooth process. the same thing with google shopping. it took me six hours to get my stuff. with ebay, it took me 45 minutes. with gilt, where are you with delivery? >> we still use ups and system like that. we do not do same-day yet. we are looking at that. the entire industry will have third-party providers. you can imagine it ups or fedex were here, they would be working on this. i do think we will have same-day delivery in many cities on many items in the next couple of years. >> we are going to stay with kevin ryan. we will find out more about his businesses. megan hughes is plugged into the business of "street smart." back in two minutes. ♪ >> welcome back. we are back in two with internet entrepreneur kevin ryan, groupe. of gilt a retailerooking at who doesn't internet stuff, they would hope they did more of it. t
Bloomberg
Apr 8, 2014 3:00pm EDT
ingredients and 40% of the finished products, overseas and mostly from china. that means even u.s. manufactured generics and brand-name products have to secure prime -- their names were the regulators are not up to the job. chinese regulators are underfunded and do not have a broad enough level of competence to oversee the vast market of hundreds of thousands of producers there it >> one , plenty of pills in medical supplies, five factories than by the fda. in january, the fda inspectors went out there and found the plan where you could not even close the windows. granted flies and all sorts of pieces of broken glass. the problem is the fda cannot really operate as a global policeman of the entire pharmaceutical industry. >> it is hard to do. thank you very much. we appreciate it. an interesting report. coming up, for-profit problems. disastrous outcome for students. repairs areall supposed to start this week. that is if the dealers can actually get their hands on the parts. that has been calling them and will give us the real story next. ♪ quest technology should be a boon to e
Bloomberg
Mar 31, 2014 3:00pm EDT
two percent today. the company's general manager in china resigned unexpectedly for personal reasons as the ceo prepares deliveries of the model s. more on that in the wrapup. >> number nine on the lululemon shares up slightly. the yoke of maker -- yoga apparel maker was raised from an outperform rating to neutral. fedex.eight is up about half a percent. joining a lawsuit filed by new york city against the company stating it wrongfully delivered 140 tons of unpacked cigarettes ordered through the internet or by mail. deliveries were made despite an agreement in 2006 in which fedex said it would keep those shipments. >> number seven, johnson & johnson. the health-care company has accepted a $4 billion offer from carlisle to acquire the diagnostics unit. it had been for sale in november and went for nine point i billion in sales last year. >> number six, microsoft up two percent. the new ceo, satya nadella announcing new leadership roles. believing -- will leave the cloud enterprise division and spencer will now head the xbox business. withmber five, disney shares up about five percent
Bloomberg
Feb 25, 2014 3:00pm EST
executives. number eight is linkedin five percent of the network expand ineds to china. chinese website will district content. the union down more than one percent. .nder an investigation the western union says it is cooperating with the government and might face fines or damages. >> lumen brands of 14% after the owner of the out back steakhouse had fourth quarter income triple dared it has an fitted from a large gain tied to the acquisition of controlling states and it's resilient operations. bloom and onion. a lot of good company names today. living --tha stewart >> on the media. owner, 35%f the after the company gave its first earnings report after going public in november. it expects first-quarter sales of $225 million, above the average analyst estimate. it caters in particular to moms. >> no wonder i have never heard of it. >> you are familiar with a lot otherwise? >> is a like a daily deal thing? >> every hour. >> either way. >> they sell kid stuff and stuff to moms. >> interesting. >> number four, office depot, shares have fallen nine percent. seven cents per share in the fourth
Bloomberg
Mar 27, 2014 3:00pm EDT
% of their sales are in europe. if they get any more sales, it will be u.s. and china. >> maybe that is why it is good. >> 90% of the sales are in europe. it has a certain cachet. >> for sure. >> last time there was an alpha remail here, dustin hoffman was -- alfa romeo, dustin hoffman was driving it in "the graduate." >> darrick branch of dealers around the world. you can buy a cheap or a alfa romeo. they are not competitive cars. exit is the great strategy. that car has gotten such brazen people love it. -- praise, and people love it. it is like a porsche cayman. it will be better when the ferrari engine comes in. >> will you buy one? >> i don't like sports cars that i live in america. when i lived in germany, yes but the >> there is just one of matt. he needs a big suv. >> i buy motorcycles. buyerhere are talks to -- brookstoneated operates 240 locations in malls and airports. is always some big eye in the massage chair, hanging out. according to a statement from the company, this agreement would allow brookstone to continue to run its words and website -- stores and website. >> t
Bloomberg
Mar 19, 2014 3:00pm EDT
operating with customers in china, we will certainly invite many of them to come and see us in las vegas, and many of them do already. >> you have a pretty macro view of the world and what people are willing to spend these days. what is your sense of the u.s. economy? do you feel we are in enough of a recovery mode? we were just listening earlier to fed chair janet yellen talking about the key metric that the fed watches. what is your sense of how we stand right now? >> i'm optimistic about the u.s. economy for the first time in a long time. we are seeing sustained expansion, but we all ought to be realistic. of expansion remains tepid. these are not the numbers that in prior years would have gotten us excited. it is increasingly across the board in terms of sectors and across a number of different categories of guest at we see in las vegas and other places. it's not going to be easy for a long time. they will have to work hard and be prudent in how they control their expenses. >> what does that mean for expansion opportunity here in the u.s.? >> we're opening a new place in baltimore th
Bloomberg
Apr 14, 2014 3:00pm EDT
that can influence the east. >> he wants to have a massive block, trading block arm russia to china. >> i agree in that he would probably prefer to have a week, divided ukraine without bringing troops across the border. people calling this postmodern invasion. big neck and guns running around. not quite sure who they are. territorial see land grab nowadays. arguably only the second time it has happened in europe since world war ii. one country seizing the territory of another. hans does invest in the sovereign debt. what is your thinking right now on russian bonds and ukrainian bonds? someone made a comment that vladimir putin is so of with being a superpower. he would never default on the debt because it would make him look bad. >> on the other hand, he is not being motivated by economics. i do agree that the credit worthiness may not be in place so much because the russians want to show a want to pay bills . the potential disruption that this can cause on the economy is so far down the list. he is focused on the politics of this. there.ill leave it thank you. next up, facebook see
Bloomberg
May 7, 2014 3:00pm EDT
million mobile users in china. there is still a lot of runway. >> a big potential. in took your company public 2004. >> in addition to the fact that only a small percent of users are on mobile now, just over half the population in china is on the internet. you are going to see huge growth has the other half of the population starts coming on alibabad using services. >> today we saw tech stocks take a huge hit. maybe the timing is not right. >> what went on was a couple of small factors playing into the market, such as a lot of twitter insiders adding their shares taken off restrictions. one or two pieces of small news. i think this is a minor market correction, but when you look at the amount of interest in ipos and the tech sectors not only from the united states but for outside, i think there is a huge appetite. this is going to do really well. going toanies are delay their ipos. we really have not seen anything like this in text. this is the first of its kind, and i think the global market will have an appetite for this. >> you have a company coming to the public market showi
Bloomberg
Jan 15, 2014 3:00pm EST
coming here, that's china. and the central bank says that you cannot deposit bitcoin. another story we are following out of china is apple. china has been working on this deal with china mobile, the largest carrier in the world. finally today, we know the details. this is a detail that is many years in the making. china mobile will start selling the iphone on friday. who better to talk about this then john sculley, former ceo of apple. john, thank you so much for joining us here today on the show. apple has had some big challenges in china for a number of reasons. is china mobile going to be the secret weapon? >> it was no secret that they were going to have a deal with china mobile. i think people hadn't put into context just how large an opportunity this is for apple. >> given the amount of customers? >> 750 million subscribers to china mobile. apple, even as their premium pricing is going to sell an awful lot of iphones, i understand that just in first day since they announced it come over a million iphone orders have come in. china mobile is offering a free iphone with their highes
Bloomberg
Apr 17, 2014 3:00pm EDT
shaking china to its very core. the largest sneaker manufacturer is in his fourth day of crippling protests. potentially disrupting supply for companies like nike, pauma, adidas -- you can see them all on that chart. china is the largest manufacturer overall. you have labor costs that will go up and the factories will likely wind up moving offshore to other markets like vietnam. following the china labour domino effect, we a have an expert in china's labor sector. i will start with you on the magnitude of the situation. to keep this in spurts -- in perspective, how could you -- could you characterize this as the beginning of a major labor movement in china? >> we have been seeing this for years in china. what we are seeing is a new generation of migrant workers were younger, more skilled, spend less time in the countryside, and are increasingly in conditions where there are less workers. >> so did -- so people. are demanding more, they want more. ok, i want retirement benefits, get paid more for our. -- paid more per hour. >> you have micro factors pushing this in a certain directi
Bloomberg
Mar 14, 2014 3:00pm EDT
on the markets again in 30 minutes. street smart is up next. ♪ >> i am trish regan. -- and china with a weak data still weighing on global stocks. "street smart" starts now. welcome to the most important hour of the session. we have 59 minutes until the closing bell. countdown to a crimea about. what does it mean for how we are going to do with putin? the robots have taken over. the big threat to our job market. matt miller is with me again today. good to have you back. >> is it? or to the older people say technologies going to ruin the future. it is weird this happens to be one of our permit or technologists -- from your technologist -- premiere technologists. >> it is a hard time for those displaced from their jobs. maybe better 20 years from now. in the meantime, a tough road ahead. >> a problem we will investigate. we areave the big stocks watching. >> for now i have my job. no robot. yahoo! is one of them. it is rising not on news, it is alibaba news, one of the best on yahoo! has been its investment in alibaba, 24% stake. people are telling us that alibaba is prepping for a
Bloomberg
Jan 28, 2014 3:00pm EST
this country. we will have much more on that moment. .> we are focusing on china there is a lot going on in washington. the senate foreign relations committee held their hearing for max baucus who has been nominated to be the next u.s. ambassador to china. they don't believe that the u.s. u.s. china policy. he is asking senator baucus to formulate a bat in his position as ambassador. joining us is austan goolsbee. -- i'mou disagree assuming you would, under the administration that there has not been a clearly defined u.s. foreign-policy regime. >> i would disagree. they should call him. they should get his input. we would will -- we don't have a one sentence china policy that would apply in every sphere. through the strategic and economic dialogue with china which is basically like the g2 meetings. china is changing quite a lot over this time a lot. >> the china academics at a vail or the university of chicago. what is the worry within the academic community. what is the front and center challenge that we face. >> on the economic sphere. they are moving into the rank of rich nations a
Bloomberg
Jan 24, 2014 3:00pm EST
are watching in turkey and china. >> this comes on the heels of the down side we saw yesterday with a loss of almost 200 points. we will get to all of it, including the weak data that came out of china yesterday that is scaring people today. another headline we are following, in colorado,. this is huge. this is what they need to be legitimate. >> this is a seismic shift in thinking regarding marijuana, access to bank accounts, and access to lines of credit. are the banks concerned they could be unwittingly engaged in criminal activity? a lot to cover. >> if the treasury says this is ok, it will be a big deal. >> also, how the biggest technology companies spot big trends and hedge against future competition. >> let's get to the markets. havehe entire hour, we very ritz holds -- barry. also, hans. you know a thing or two about global markets and what is happening as we speak. he has served on the steering committee of the private investor committee for greece and was the cochairperson for argentine bondholders. barry, what do you think is behind this? people are saying it is all about e
Bloomberg
Jan 16, 2014 3:00pm EST
? >> not really. i lived in china for a month trying to build the first ones, so i know it very intimately. it, but of proud of it's not really what square is about. we are more about the back end of commerce and making things had beenof target using square, with the same thing have happened? >> no, it would not. who knows? it is a breach. we don't even know who did it. it could have been an inside job. we just don't know. even if you are safeguarding your home, the criminal can still get in. it is just a game. if you are moving money around, people are going to try to steal it from you. >> it's cool that everyone has my e-mail address but it takes the driver four times to swipe my card and it doesn't work. the swipe.orking on there is a little issue on permissions and doing off-line payments where we cannot do payments unless they are connected. we have the technology to do it, but we have to get permission from all the banks and card networks, and it's just not quite there yet. >> $5 billion, what does that mean to you? >> that means more than $4 billion. it's a lot of money. >> square i
Bloomberg
Apr 22, 2014 3:00pm EDT
china's slowing economy is putting a dent in their appetite for luxury wheels. back with more. ♪ >> drugmakers are racing to mergers and acquisition this is year, mostly acquisitions. 2014 surpassed 2013 in terms of the volume of a and some m, apparently, deals. three major deals all in big pharma. christina is here with me in what is behind the move. i'm getting sidetracked. i started wondering, why do we say mergers and acquisitions? there's never been a merger. have you actually heard a actual merger. let's just call it acquisition. >> why not just do mergers? >> no one does them? maybe you can start. let's talk about the big deal today. >> what's driving the activity. >> all in drugs. >> you have to distinguish between the fact you have the branded drugmakers and the generic drugmakers. on the branded side, we've actually seen companies struggle with the idea of how do you grow the business, right? they want to do really innovative things. the problem with doing innovative things is you have to go in the biotech sector. when you go in the biotech sector, we've seen valua
Bloomberg
Feb 21, 2014 3:00pm EST
like equalization of labor costs across the world. they have been rising in china, flat in the u.s. recoveryd the cyclical in capital spending delayed because of all this policy uncertainty. that is really dovetailing secularith the stronger trend. >> the bottom line is, if a company is buying back his shares, that means managers can't think of anything better to do. if the company is making a acquisitions -- we have already study after study after study. acquisitions do not make money. it's just what managers like to do. >> they are building their base. ultimately that will lead to -- not manufactured earnings, but true core organic earnings and revenues. >> we will take a quick break. you are going to stay with us for the hour. a quick check. 18 people have died since erupted in venezuela. the opposition leader, leopoldo lopez, in prison. a lot of people writing in and saying why are you talking about what is happening in venezuela? it's a big deal and we are going to cover it. stay with us. ♪ >> all rights, another torn country that maybe we have not been following closely eno
Bloomberg
Jan 17, 2014 3:00pm EST
zero day attacks. the israeli mossad has been doing this for a long time. if you even look at china. when i was the ceo of a fortune 100 company, i would not even turn on my computer or use my blackberry back then when i was in the country just because i knew people were looking. >> if you look at a while way -- , a chinese company, they have had huge problems selling abroad. the government is not buying from them. many european companies will not buy from them. they have pretty much given up on the u.s. market. that is the same challenge that u.s. companies now face when they sell to foreign markets, and they shouldn't have to. now that we have entered this i.t. revolution, we have known since the 1970's, we can have much other security than we had in the past. we can have the government working in cooperation with the private sector or opposing them. for the past 10 years, they have been opposing them. >> we have felt very secure about signing our personal data over to google, but not so much foreign governments. "we the people are made of gmail users. if this is right there will
Bloomberg
Feb 4, 2014 3:00pm EST
wonder going as tod through this year the potential problems of china and other emerging markets. >> any time you can make a reference to lunch meat in china is a good opportunity. >> it is not a shift too far away from the auto market you covered. , it is now the biggest auto market in the world. >> fastest-growing, and general motors is really chinese motors at this point. they sell more cars in china than the united states. >> is audi the big seller their? the government officials tool around in them. >> it is interesting. they have a whole range of cars they do not sell here to meet the chinese market. wherever you are and the company you are working for, you cannot have a nicer car than your boss. they sell an extended version they do not sell in the united states. consumersand chinese tastes are similar. that.shy cars and all of carson also talked a little bit about china. he has been known to short a couple of big china stocks and he asked if we can trust data coming out. >> you cannot really trust the data coming out of china. that is reasonably well- established. you hav
Bloomberg
Mar 24, 2014 3:00pm EDT
-- has role, it means more opportunities to export to china for those who make movies in this country, and it means more competition for those who make textiles. that operates in the direction of contributing to inequality. general, as the movement has declined, has the regulation has come to more more sec spurs we have a coming war with the economy -- sectors we have become a more ruthless economy. drivethose market forces towards rewarding those who are already relatively fortunate. outlined the dangers here of not having upward mobility. essentially, that is such the foundation for our country. i do we fix this right now? what is the solution? we have the president proposing $10.10 an hour for minimum wage. would that do it? >> raising the minimum wage, i think it really clearly the right thing to do. believe theo minimum wage was doing much damage under that fiery liberal ronald reagan. after adjusting for inflation, it was much lower than it was when ronald reagan was president. wouldg the minimum wage raise the wages not just of employees now below the minimum wage, but also a m
Bloomberg
Feb 19, 2014 3:00pm EST
. sales in china doubled the score, the fastest anywhere worldwide. >> it's doing well in china and venezuela. that's awesome. number six is six flags, after reporting revenue rose in the fourth quarter, benefiting from higher admissions and a boost. two stocks -- signet and zale in the green. signet agreed to buy them, marking the biggest acquisition and strengthening its lead as the largest jewelry chain in the u.s. as about 1600 stores and the network go to 1900 out let's go buy signet. >> every mall in america has a jewelry store owned by signet. -- those it at jared's are the only three besides claire's boutique. >> they are breaking through. this is their demo. they need to get you. panera bread up even after issuing a disappointing moffett for the current quarter. panera is also investing more in its restaurants. .> number three is carlyle those shares up as the company reported profits more than tripled. the value of its funds from -- dumped and the profits soared. during the soaring quarter. >> number two -- u.s. steel plunging. of commercent rejected the claim that south k
Bloomberg
Apr 15, 2014 3:00pm EDT
wynn resorts because of data we got on china that talked about credit growth is slowing. analysts at wells fargo says that could be bad news for the growth of the high rollers at the macau resorts and casinos. that stock is falling along with other casino resorts, especially those that have business in macau and asia. with earnings that just matched estimates. global volumes were up two percent. this is reassuring some investors after sluggish growth that the ceo may be steadying the ship. >> thank you. we will be talking to you in just a little bit. >> the make or break order. the first major tech company to report the season. >> take a look at that. downlly since early march more than 15%. the company is definitely in a situation in which alibaba is pretty important to it. they are expected to the public soon. weaving yahoo! out in the cold. karissa meyer's turnaround strategy has stopped. turnaroundayer's strategy has stopped. and less than an hour we will find out if this quarter is any different at all. here, christina warner. our very own olivia sterns. christina, you first.
Search Results 0 to 49 of about 67