, daimler has a big truck and commercial vehicle business.s of course just premium vehicles benefiting greatly from what is happening in china and you will see the growth in the chinese automobile market and the structural change over time is at the premium automakers, slow ly, they are picking up the market share. now, when you add to this the valuations, and you can't again look at the businesses, but you have to look at the price that you are paying for the businesses, and the price of daimler for instance, 7 or 8 times the earnings for a stock that is safely yielding 5 or #% in the next year or two. the point i am making is that when you look at the sectors combined with the financials that we talked about earlier, you are seeing really good mid-single digit yields and you'd think that in a market that is craving safe yield, craving investment income, these are very good stocks if that is what you are looking for. >> and mr. herro, pleasure to meet you and thank you for spending the time to speak to us. and he is the chief investment offi

daimler is going to raise its investment.says it is going to unveil an e-car with a 500 kilometer range. caroline: i was in drive now, bmws everywhere in berlin. i took the bmw electric car. silent. the talk is sensational when you drive. caroline: you've got to get one if you are out there. meanwhile, let's take a look at retail. back of itshe numbers the climbing. we are seeing the weakest sales in three years. first-quarter profit misses analyst estimates. keep an eye on devon ends in the u.k.. overall, there seems to be an earnings decline going on. clearly, some key concerns. guy: a quick question for jonathan bell. if you are going overweight in europe over the next few days, where are you going? >> the call would have to be germany. that is going to be a major beneficiary and would be a loser if we had brexit. caroline: autos, which sectors? caroline:>> the autos, there is so much going on at the moment. , ishave to think long term that somewhere i want to be? you could do it as a short-term trade. longer-term -- carol

people like daimler and benz and others were the original people who invented the automobile so it wouldd to reason that the surrounding area, there would be a cottage industry of new companies to exploit that. sheelah: up next, the high-tech that makes monsanto a takeover target and the game of thrones-style battle at the united states postal service. ♪ ♪ sheelah: welcome back. i'm in for carol massar and david gura. how bayer's $62 billion bid for monsanto is a play for the company's technology. we spoke with this reporter. >> anyone driving past the field and seas of farmer on their tractor has iconic images and the simple life. if you go into a tractor these days in places like the u.s. corn belt and other places, that tractor has an area that looks more like the, head of an airplane. big data is doing a lot to transform farming in the last five years as they use precision guided agriculture that helps them decide where to plant their crops, how much seed should go into the ground, and what fertilizers to apply. the tractor itself can steer into in some ways this is turning the farme

. >>> in corporate institution, more job cuts at daimler.he move comes as the firm grapples with weak demand for commercial trucks. shares down by 27% in the last 12 months. >>> french fred francois hollande says he's make sure that accor hotels maintains their shareholder. we were talking about this yesterday. accor hotels reportedly starting talks with others as well. >>> glencore shares facing an antitrust lawsuit. a district judge decided, quote, plausible story of market control in driving up prices. >>> and fintech companies in the u.s., they're facing calls from tighter regulation from traditional smalltown banks. according to a report by the financial times, a u.s. trade group with 6,000 small banks wrote a letter raising issues over recent liquidity and compliance issues. karen is at the fund forum in berlin and joins us. hi, karen. >> reporter: hi, louisa. well, fintech has been disrupting the banks for traditional players but it's also making a foray into the fund's management industry. retail side there's been sort of a tiptoeing

same for daimler. vw down 9%. fiat. psa. others off more than that. 10 to 15% in broad terms. and the eu retailers off somewhere in the region of 10%. eu retailers fairing a little better than that. del hayes off 3.5 percent. these are really big trades we're seeing. so what is the flip side to. this there are safe haven trades out there. and we are seeing pockets of green. -- up 11%. spot gold hanging on to gains as well. as we've seen overnight up 5%. popping 1314. it was higher er8ier. gold still hanging onto the safe haven trade. the big move in sterling this morning. down 7.3%. that move continues. incidentally also a lot of speculation about what this is going to do to emerging markets and how all of this repositioning coming from sterling. coming from the uncertainty in the eu, whether or not you are going to see money moving out of emerging markets because of that. so a lot of moves seen still. and 11.45 off by 2% right now. in the asian markets overnight, a lot was feeding through there first once we saw the initial polls coming through. akiko fujita joins us from cnb

daimler up 9/10 of a percent -- up .9%.utting back on people. 1200 jobs in north america in north america -- in north america. the market likes that focus on cutting back in its division. let's have a less look at a company we did not look all of that much. burckhardt compression falling back. they're giving a dividend that is less than the market expected . that market -- that felt overall. watch it fall potentially 5%. that is your market open. everybody. to update following a blast earlier this morning in istanbul. we are getting a mixed picture. that is understandable given what is happening. a nice picture of somebody's chin as well. -- the source i am going with is saying we have two dead and eight wounded. we will continue to update you. it has had an impact on the market this morning. at the moment, we are waiting for details on what happened, who was targeted. looks like a police vehicle was targeted in this attack. details on what exactly the casualty numbers remain a little bit mixed. that is the number we are pu

daimler plans to boost earnings by sharing engines among its global units.nlike passenger cars, heavy-duty vehicles vary significantly from region to region and parts generally are not similar. they want to share technology in north america, asia, and europe. the dialer expects to beat its 2017 target of $1 billion in sales. the world's largest chocolate retailer plans to open more than 190 stores and mainland china. they plan to go public in london in about four years. tom: shery ahn, thank you so much. the brooklyn navy yard was built in 1801. it opened in 1806. for966 created good jobs good democrats, at least that was the theory. she visited last night and we are thrilled to bring you megan murray -- megan murphy. i want to cut to the moment where women were way out front. how did they perceive this victory last night for the secretary? moment,wo most powerful the clinton campaign echoed the speech that was all about women's rights. what they had gone through to get to this point today, and there was the second moment when she got the biggest cheers of t