you put it on the back of the daimler numbers. daimler had a strong beat. the manufacturing sector here in germany is weathering the storm and will emerge won't see a we technical recession when we get gdp numbers in november. it could show negative growth. >> thanks very much for that. i want to bring in some investor perspective with rick lacaille. he helps manage $2.5 trillion of assets. great to have you here. there is so much talk about germany falling into recession. eight is only one month but does that soften some of the concerns you might have had? >> if germany is weak, we have a very big problem in europe. we have a number of different data points. china wasn't as bad as people thought. we have a weak euro that is going to help the eurozone. we have a week oil price. the last quarter gdp could be a that will continue to weigh on investor sentiment. thisat is the time lag for lower oil price, this weaker euro, to start feeding through to the german manufacturing sector? will really happen when you have management commentary on third quarter result

still, daimler says the partnership will not and. =-- end. they will continue to use has left parts and brainpower to develop new models, but the divestment has set up rumors of the once-close partners may now see each other as rivals in the highly competitive market for electric cars. >> some good news from the red cross today. that organization says it should be possible to contain the ebola epidemic within half a year if all necessary safety measures are implement it and observed -- implemented and observed. the organization says there needs to be long-term investment in west africa's health infrastructure to prevent future outbreaks of the disease. >> with growing fears over the risk posed by travelers from ebola-affected countries, health care workers in the united states have been undergoing additional training. so far, the obama administration has rejected opposition calls for imposing entry bans on travelers from west africa. but washington has begun requiring passengers from stricken countries to fly into the u.s. through five specia

daimler says it will continue to work with tesla.u know it has a deal in battery making and all kind of relationships there with mercedes but at the moment it appears that daimler says it has sold its tesla stake, most likely at a profit. more on that later. >> first game of the world series gets underway tonight on fox as the kansas city royals take on the san francisco giants. ticket prices are absolutely soaring. just short of record highs. how much are fans paying to see these two teams play? and they're very different teams and what is behind the jump in prices? jessie lawrence is watching each tick of the price because he runs tick i.q. he is founder and ceo. you're a big ticket dealer looking at these numbers. get right to the royals. they are an expensive ticket right now. how much? >> the royals are hot. $1300. $332 average price of kauffman stadium, which is higher than the at&t park in san francisco. liz: giants are little cheaper there, 1159. >> right. what is interesting the giants in 2010 were $1700. so really all about

. >> christina, quickly, i want to touch on daimler. it sold its 4% stake in tesla for $780 million this morning. the key thing, it's agreement to share technological advancements. does this mark the top of tesla share prices? >> the reality behind this deal was daimler didn't have as much independence in terms of the r&d agreements when they had a joint ownership with tesla. so getting rid of the ownership i think gives them more flexibility in negotiating the pim. but i don't think anything has changed in that partnership >> christine, i'm going to have to interrupt you there. thank you so much for joining us. >>> still to come on the show, we bring you the latest bank of england meeting minutes after this break. a single ember that escapes from a wildfire can travel more than a mile. that single ember can ignite and destroy your home or even your community you can't control where that ember will land only what happens when it does get fire adapted now at fireadapted.org >>> welcome back. a muted open for the european stoxx 600. activ

daimler's strategy is working out. s class sales have doubled.car goes on sale in the states this month. it starts at $172,000. profit came in at 2.79 billion. estimate was a little bit lower than that. it is a company that is awash in cash. they have just sold their stake in happen. 3.9% stake.3. they're operating margins, 8.5%. they want to get towards 10%. here is what they said in releasing the numbers. -- guy, $172,000 for the new s class. is that in your price range? what are your thoughts? >> i think we are right in the sweet spots. let's talk about the race to be number one. mercedes, audi, bmw. nine-month figures. bmw is in the lead. 1.32 million vehicles sold. and mercy atd about 1.2 million. mercedes is making a move. they outpaced audi. it looks like mercedes may have momentum going into the finish as we turn this into a proper horse race, down the stretch. one key factor phil look at, china. open 100 news to dealerships there. their goal for this year, 300,000. s class is selling their quite well. >> all i can think about now is you

i see daimler taking profits. a trade here. good for them. ringing did bell. anything changing there. they have a lot of challenges but i'm not going to bet against either of them. not saying i'd buy them. >> for both you don't take it a sign that tesla's -- not marking a top in terms of daimler seeing prospects and not a point of diamler to say we should have doubled down opposed to exiting it? >> i have to look at the track record to tell you what kind of trader they are. >> michael kelley, before you go, a final word here. >> sure. yeah. i think it is interesting -- >> go ahead. >> i was going to go back to the mcdonald's and talk about this from a mobile perspective, which my book is on mobile marketing, "all thumbs," mcdonald's has to elevate the game in all their marketing and something that ibm needs to focus on and coca-cola. the millennials are there. all of the target market. the mcdonald's and the cola colas of the world and health on shouse. some of the consumers seeing doctors for the first time and told you have to watch your weight. and we're no

states such as texas have banned the sales, similarly, daimler shares down initially, before the close shares were 2% higher at $235.34. >>> the nation's biggest bank facing a huge fine from european regulators from conflispireing. j.p. morgan slapped with a fine for what the european commission calls taking part in financial cartels to manipulate the swiss bank derivatives. >>> and president of the new york federal reserve bank said that even after the financial crisis some wall street banks were fostering a culture of unethical behavior. mary thompson joins us with more on the dressing down of the banks by bill dudley. who was there and what was he going after? >> there were about 80 people in attendance, including names like morgan stanley, j.p. morgan and aig. basically the firms were told by dudley the head of the federal reserve and fed governor daniel torillo, the companies better clean up their acts because they're sick about acts such as with j.p. morgan. they don't want to hear about bad business practices at all. they want them to fix what the federal regulators have been tr

that is the news from daimler. seeing a significant rise in 2014. >> sticking with cars, the mercedes unit has seen deliveries rise in the first few months of 2014. that outpaced anything its rivals could achieve. hans nichols joins us from berlin. >> when we look at these numbers we see a company that is awash in cash. they had gotten rid of their and they got 780 million out of that shared sale. this is a company that has a lot of money to invest. they want to get the operating margins down so you have profit have 210% and the billion operating costs shaved off. it goes on sale in the states this month. starting. the that is their flagship as they want to go for luxury. it is an exciting moment in the auto industry especially in asia when you look at what mercedes is doing. they expect sales, you get a sense of how fast they are growing. they expect sales to increase from 250,000 to 300,000 this year. we're talking double-digit growth and it is all about this race on who is going to be number one. " position, it

daimler has sold its stake in tesla.t says it is receiving about $780 million from the sale of 3.9% stake. it will continue to buy components from tesla. and electric bergen of the d-class will be released next month. more than 2 billion euros -- that is according to people familiar. siemens had plans to sell hearing aids, but it is not looking to sell a private equity firm. vestal -- in billionaire investor carl icon says europe has "major problems." >> i think europe has major problems. we own countries there. -- we own companies there. western europe is a real problem. there is a little bit about what we talk with atlantic city. you have to get realistic. >> the bank of england publishes minutes from the policy meeting. it kept the british benchmark rates on hold at a record low .5%. we are joined by kevin adams. thank you very much for coming in. the vogue for a. is that likely to have changed or is 2-7 what we will get again? >> i think it is where we stay. the two who are looking for rate rises seem entrenched in t

now, nissan is becoming kind of a platform of collaboration where we have a strategpick up with daimler. we have a strategpick up with lada in russia and minutes bishi. many other cmakers. you can be competing but be collaborating is something for me very important because it's a kind of sprepinpreparation of w september trial will be about. >> how big were the cross-cultural challenges? >> yeah. >> the french are known to be proud of their culture and specific about it. the japanese are proud of their do you recall and specific about it. again, you are an outsider to durltz. >> yeah. >> how did that work for you, companies? >> because the two cultures are so distinct and such a strong, you know, distinct personalities, we didn't try to do, okay, we are going to do something hybrid. >> right. >> didn't do that. frefrling? >> it was going to be doomed anywhere. you were going to hit the wall. the only way to make it happen was to say, okay. everybody stays home in a sustain way. everybody keeps its own identities, own history but as we need scale, we need cooperation, we need complementa

daimler is selling its stake in tesla. not sure why. shares in tesla fell in after hours trading. >>> google and other tech firms are investing half a billion dollars into a firm called magic leap. the florida company is said to be working on virtual reality eyewear. bay area tech companies are known for offering their employees luxury bus rides to work and now that idea has spread to southern california. the search giant yp reached out to san francisco startup ride pal to shuttle workers. yp says the perk is necessary because the competition for technologists in los angeles has become fierce. ride pal is using public park and rides as pickup and dropoff locations. >>> now that the weather is getting a little colder you might be pulling out the space heaters. >> consumer reports is partnering exclusively with 7 on your side's michael finney to find out exactly how safe they may be. >> or unsafe depending on which ones you're talking about. space heaters account for one-third of all home heating fires each year. more than 80% of home hea

phil lebeau will be speaking to the ce of of daimler. make sure to keep your set on sfor that one. >> the european central bank meets today in the italian city on of naples. the press conference will be closely watched on the details of the controversial bond buying scheme last month. questions for mario draghi include will they get a overall size purchase in bond markets. finally, will there be any restrictions? will the central bank be able to buy sovereign rated junk bonds despite resistance from germany? all this coming as the ecb trying to expand its balance sheet on 3 trillion euros. >> the strength of the euro. around six months ago, it stood around 1.38 versus the dollar after the first round of rate cuts in june. we saw it moving lower. it wasn't until august in jackson hole when mario draghi appeared to hit more action was on its way. that action came in the shape of another drop. this month fall in prices coupled with a batch of pmi data has seen the euro break below the 1.26 mark in years. >> stabilize the european market. wh

daimler has its third quarter ever. and burrberry is warning that travelers didn't travel as they do and the slow down in europe. illiad, abandoned its potential to bid again for t-mobile u.s.a. the stock up 9% though it is off highs. >> awesome. the one and only. coming up as simon just told you. luxembourg getting slammed today with sales of the burrberry getting slammed. and or tburch in a moment. >>> because of this burberry news and i want to ask about skpaiz what you are seeing in the terms of the strength. >> the macro environment is tough and we are lean as the company and approaching asia carefully. we haven't expanded a great deal there. although i'm going to shanghai next week. >> what's on tap? >> we're opening our biggest store. >> you succeed in asia without the logo? >> i hope we will succeed. we are treating our logo carefully. so we have the logo. i think it is resonating in asia for sure. >> when you founded your business decades ago did you think asia was going to be as big as it is or you would be de

daimler. and unilever. slowest growth in five years. michelin also in negative territory. the oil stocks or oil services stocks have fallen again today. there we go. they are in negative territory so the nordic region not looking too bright. a lot of red there. the other thing guys is we're working our way through to sunday's -- jon, working through to sunday's stress test. so incleesinging leaks. so far 18 banks may have failed. >> sometimes i have to take notes on your brilliance science. >> i just -- >> like. >> i can get over the fact you don't wear a tie. but do pay attention to me. >> thanks simon. this week's tech crowd features two kick starter campaigns making sure your smart phone never runs out of power. appleby, the more you move, the more battery live you get. that's up against pronto. a the battery pack that can give your phone a charge in as quick as fife minute. >> when we come back, still watching the markets. the major indices up well over 1%. the best day of the year for the dow in percentage terms. up 250. plus a couple of big names. amazon and microsof

daimler bought it back in the '90s.s, now that we're together with fiat, it's a combination of a long trip that started more than five years ago. you and i were reminisce being those dark days in 2009. i think the teams have traveled a long and painful road since then. but i think the listing is a recognition of the effort that's gone in by a bunch of people. 300,000 people that work there. we've done a lot. i'm incredibly proud of what they've done. i'm delighted. this is ten years in the making, five years for chrysler to get here. it's a great day. >> john, though this is not a capital raising stock listing, that potential exists in the future. if you do want to go to the markets at some point in the future, you're in position now listed here on the nyse where the process is easier, isn't it? >> no doubt, to be in the largest market is a great opportunity. on the other hand we are one of the big three. being in the u.s. and properly represented is big for us. >> i want to ask about your growth projection force this f

long tortuous road for chrysler, 1998 traded under its own name until sole to daimler, cerberus, 2009kruptcy, 2011, fiat stake. from dutch to italian domicile. changes going on in the corporate front for chrysler. here in the u.s., first time since 1998. sectors for the open, a choppy open i've been looking for a bounce in energy. still not seeing it to appreciable extent. energy's the sector to the downside, some of the other sectors here, health care was either side of positive or negative this morning. so sort of a mixed open here in the united states. over in europe, europe is mostly on the upside, france, germany, spain, all on the upside, as well this morning. one or two of them are on the downside. a lot of worries for the market. we've got china slowing potentially, europe slowing, ebola concerns as well. negativity has built up. look at this list over the weekend. 63% of stocks were oversold. that's a lot. that's a huge number. vix up 80%, just in the last couple of weeks. internals deteriorated dramatically, expansion of new lows. a lot of technical damage in the market. ano

daimler willof discuss a new sports car that is perfect for adam johnson. the chief u.s.st of morgan stanley to discuss the state of u.s. equities. big caps are down from their high. small caps is an area of concern. another leg down for the equity market overall. tom keene is in washington, where he will be speaking with christine lagarde, the managing director of the imf, later today. >> i'm looking forward to that conversation. for europeans, things may not be going that well in the eurozone, but we can still do a few good things and carmaking is one of them. we are looking forward to the conversation. looking forward to hearing from tom and christine lagarde. the paris motor show is really revving up now. a glimpse into what may be the car of the future. let's take a look at some of them. tom gibson reports. ♪ >> could this be the car of the future? citronnch car giant wants to boost sales after a two-year low. even carry the car manufacturers name, but certainly makes a statement. trying to take on the established idea of premium. they are trying to do it in a partic

dime is quarterly profit topping analyst -- daimler's quarterly profit topping analyst estimates.ecast for the global auto market due to slowing growth in europe and a plunge in russia. calling back about 250,000 vehicles worldwide because of problems with air bags. that is the latest in company news. we will stick with transportation. the holiday travel season, believe it or not, is upon us. and there are already long lines at the airport that are about to get even longer. there is even discussion of peak scheduling to cut costs. shelby is here to explain to us exactly what peak scheduling means. >> it used to be popular and now they are bringing it back. it means that airlines are cramming flights into certain peak hours of the day, and then that is followed by a lull where there are very few flights. if you look at the american airlines graphic out of the miami hub, there is a white line that shows what the schedule used to look like. it's a little smoother. it's called a rolling hub. the yellow line shows these peaks and valleys. the peaks and valleys are what airlines are sta

he already has a relationship with daimler and toyota where he could become a battery supplier to eitherne of those manufacturers and he could open up a second assembly plant. but all these snare yost, fep he goes on it alone, he will need a tremendous amount of cash. selling 50,000 cars a year even at that isn't going to fund what he needs. if 50 is not the number, how many duds he need to sell? >> he is going to have to build cars to match the number of batteries that he wants to make. you know? the gigafactory is going to make 5,000 batteries. he is going to have to have cars to take all those batteries to make the whole thing work. >> thank you matt. matt delorenzo is the kelly blue book manager. "market makers." we'll be right back in a moment. stay with us. ♪ >> coming up here on "market .akers," an active investor we'll show you crucial vote. >> and more when we return. >> it's a friday here in new york city. you're watching "market makers" i'm erik schatzker. >> and i'm stephanie rule. let's do a quick market check. take a look. you are looking at a market in search of direction.

the electric model s actually outsold the dime member cities -- mercedes -- daimler mercedes. with might prefer working bmw. finally, one of the legendary figures in journalism has died. guided thee washington post during the watergate scandal. he spearheaded the stories that eventually led to president nixon's resignation. they also won pulitzer prize. marissa mayer -- >> marissa mayer has a message for her critics -- "it is all good." yahoo! the five expectations by posting an increase. analysts expected a drop. marissa mayer told investors she has a clear turnaround plan that is already starting to work. the shares are up this morning by almost 6%. we are taking a closer look with an analyst from stansberry research. you have come effectively, a hold rating on yahoo! shares. what did you make of the comments on the conference call -- it is as if they were a point by point rebuttal of everything jeff smith, the activist at star board has demanded, without actually saying his name or star board's name. >> as he said, it is all good and they beat their estimate. the algorithms

couple that with daimler selling its stake to tesla and falling gas prices.thma could be under some pressure. you got to tell me about michigan's governor says we forget. >> michigan's republican governor, this is the where instance where i will side with tesla. companies should sell the product directly to consumers. this just perpetuates a cartel of auto dealerships. it is a terrible move. stuart: special-interest protection legislation. >> chamber of commerce republicans. stuart: it may be understandable in michigan because it is the home to a lot of car companies and car dealers we >> still doesn't make it right. stuart: we are in absolute agreement. >> don't know what is going on today. stuart: the dow is up. good stuff. check apple again. it is near a record high. stock is up despite news chinese hackers attempted to still use their i cloud passed words, they didn't get through. we have a gentleman called robert morris and is here, hack insurance. welcome back to the program. let me get this clear. you offer insurance to companies against them being hac

we'll speak to the ceo of daimler at 1:10 cet tomorrow. >>> the centers for disease control has confirmed the first case of ebola in the united states. the patient left liberia on september 19th and began feeling ill a few days later. the cdc stressed the situation is under control. listen in. >> the bottom line here is that i have to doubt that we will control this case of ebola so it does not spread widely in this country. it is certainly possible that someone who had contact with this individual, a family member or other individual, could develop ebola in the coming weeks, but there is no doubt in my mind that we will stop it here. >> nbc's jay gray joins us live from texas. jay. >> good to talk to you. that patient is still in violation here at texas presbyterian hospital in dallas. health officials won't tell us his current condition, but they are certain they can stop the spread of this deadly virus, diagnosed for the first time here in america. what we do know is this patient traveled from africa to visit family members in dallas and initially wasn't presenting any symptoms. didn't

daimler was basically flat. it was a little lower earlier. publicis off 2.44%. stephane will be joining us during the next half an hour to discuss that specifically. let's look at bonds. bond yields in the u.s., 2.23%. the story really here is one of -- over the last week, but just coming back up. yields over the last week or so after the extraordinary moveses we saw last week. yield compression is the story. over one week view coming off some of the yields we've had. 2.3% in the u.s. german bunch, 0.874%. 10-year gilt, it's now expected rates will be up slightly later than expected in the uk. the yield has just come off a little bit more than some of the other european economies. let's have a quick look at forex. the u.s. dollar just giving up a bit of a gain. but whenever it givers up support, usually its bounces back the next day. the euro/dollar is now basically flat. it was down as much as 0.25% following the french pmis which surprised on the down side as german and eurozone pmi came out, it's now strengthened. 1.2657. the dollar strengthening against the

in germany, daimler reported a big jump in profits amid certain demand for mercedes. but south korea's hyundai or hyundai, like sundae. >> i have to call my friend in asia about that sxvrnd out. >> the steepest decline in a year and a half due to slowing sales growth. >> a lot of hyundais on the road. >> as you've noticed lately. they got it together in the past five years. we've had the ceo on a few times. >> i drove one in a rental place. >> i drove one. it was great. >>> the ebola cases in dallas are taking a toll on the hospital where patients were treated. emergency services at texas hospital presbyterian fell by 53.3% since october 1st. the average daily patient occupancy dropped by 21%. surgeries performed there decreased by 25%. has lost 8.1 million in net revenue due to the recently ended policy of diverting er patients to other hospitals. i'm not surprised by these numbers. people have been saying for quite some time that there was a decline. what surprises me is that half the people would still go given what happened. when you have your choice of hospitals,