2 Burst results for "Paul Sweeney Director North American Research"
"paul sweeney director north american research" Discussed on Bloomberg Radio New York
"Here. Alongside Paul Sweeney director North American research at Bloomberg intelligence filling in for Pimm FOX coming up. We're gonna talk about soybeans amid the trade skirmish between the US and China. Plus, we're gonna take a look at trends in artificial intelligence right now, though, let's get our real intelligence from Greg Jarrett, Greg group, good luck with that. Zip volatility continues to grip financial markets. US stocks have reached a weekly game bravery rising along with the yen is mounting concern. Over the health of the economy overshadows positive trade developments in science your strength in the American consumer James Barty, Bank of America, Merrill, Lynch. Head of European equity and global cross asset strategy tells Bloomberg he does take some comfort that there does appear to be progress in the U S China trade war, the fact that the Chinese have lifted the tariffs they all buying cool. Now, find soybean there were proposals on protection as well loss week President Trump's in making posted noises as well. The market's got a bit concerned about the war way situation. The unbalance the is is happening in the Chinese need. It's happened. As was just said don't really won't have to put their form, the accelerator massively stimulate the economy next year, which is what they'd have to end up in a full-blown trade work. We check the markets every fifteen minutes throughout the trading day here on Bloomberg radio, the S and P five hundred is down nine tenths. Percent down twenty three. Dow Jones industrial average is down. One point two percent now down two hundred eighty two in the NASDAQ is down eight tenths of a percent down fifty seven. The ten year is currently up five thirty seconds. With a yellow T point eight nine percent. West Texas intermediate. Crude oil is down one point nine percent of fifty one fifty nine a barrel. Comex gold is down a half a percent at twelve forty fifty and the dollar-yen is thirteen forty three the euro dollar twelve ninety five and the British pound Beller twenty-five sixty footsie is down four tenths of a percent of action, Germany's dot one half of one percents macaque in Paris is down seven tenths of one percent of that is a Bloomberg business flash. Bloomberg markets continues now with Paul Swinney and Lisa Abramowicz..
"paul sweeney director north american research" Discussed on P&L With Pimm Fox and Lisa Abramowicz
"Shares of cbs they are down more than six percent after this ruling by the delaware judge a victory for shari redstone who happens to be cbs director and president of the of her family's movie theater operator national amusements of course they're pushing for merger with cbs and national amusements controls viacom here to tell us more about at all as paul sweeney director north american research for bloomberg intelligence and internet and media analyst for bloomberg intelligence paul is this the the conclusion de believe of leslie moonves his career at cbs well it it certainly could be i think we still have probably six months of litigation back and forth between the you know the all the parties here but this was a big blow for less and for the board that was trying to re assert some level of influence and versus its control shareholder national movement here and and that initial opportunity for them really took a big blow here so this is something that i think you know the neck the balls in the court of sherry redstone national amusements and what will they do with the board what will they do with management including less and i think what the stock down six percent at kind of tells you that investors think a deal is coming in mergers going to happen and it won't include les moonves so so basically shares down more than six percent on the expectation that les moonves will exit from the helm of cbs viacom and cbs will merge a lot of shareholders of cbs don't want just can you bring back the memory of y cbs so why cbs shareholders or against this merger at this point i think cbs shareholders view viacom is a flawed asset it's you know it's a company that's been struggling the cable networks are particularly prone to cord cutting because the the tv networks nickelodeon networks and all those they tend to.