andrew, we just look to the electrolux ceo, and he seemed more confident.has only been in charge since january, but he seemed confident, and said it was important to go through acquisitions. the caps on seeing -- when will we see ceos actively seeking m&a, not because of valuations are tax aversions, but because they are confident? >> that the holy grail, right? what do central banks need to d? some see it as giving the economy more clarity, notwithstanding the fact that q1 looks pretty soft. for us, it looks like a 2% growth rate. historically, that isn't very exciting, but we are seeing them unemployment come down. we are coming toward the end of april, but not very long ago we were talking about whether the u.s. is going into recession. it is worth bearing in mind that it has been a tough start to the year. we seem to be getting over those concerns, and it looks like there will be a lot more clarity around u.s. growth. we have got the support from ecb in the form of kiwi. -- of qe. i think ceos are not being rewarded for being bold, and they are showing

. >> electrolux beating expectations across europe and north america. ♪ >>> so we've been waiting forolkswagen ceo to have a press conference at the first annual result meeting since the announcement of the diesel scandal. i can see the press conference has begun so let's listen in. >> translator: it is close to my heart for you to read -- under the motto moving people. you will find a host of information with many stories and impressions from the word of the volkswagen group and its brands. our navigator should be familiar to you. you will find the most important key financials data facts on the group, the fact sheet now available as a small app. so that you are always abreast of developments. may i ask mr. moda for his contribution now. >> translator: good morning, ladies and gentlemen, a warm welcome. on behalf of the entire board of management to this annual media conference at volkswagen. for reasons which you are aware this conference is being held somewhat later in the year than you are accustomed to. however you may rest assured this will remain an exception. please sod many o

and electrolux is the big gainer there, and volkswagen gave more information on the emissions scandal anger in europe, but they are refusing to buy back affected vehicles in europe. they will only buy back the diesels here in the united states, and finally a figure on, that and they have broken it down to $9 billion is the cost of that for vw, and usa and audi and associated brands obviously. another thing that is going to be rancoring the trade unions is that in europe, the labor unions are on the supervisory boards is that they are unable to claw back some of the remuneration that the exoof voeldz wagon got back in excess of $8 million, and other executives have had the remuneration reduced and this is not going to happen with the current ceo, because he has left the board as it goes. and to spain, yesterday, we got the fuse that the spanish election is basically on, and now, everybody is beginning the campaigning. this is the outgoing prime minister, and arguably never was the full prime minister, and what is interesting here is that the data is really quite poor as spain heads int

electrolux, next. ♪ francine: central banks hold fire.he hike believes june on the table. the bank of japan holds up extra stimulus. deutsche bank beats, shares jumping. the ceo cuts costs. upwardly mobile. facebook tops estimates; zuckerberg pushes for more control. ♪ francine: welcome to "the pulse," live

electrolux, you know the company. today, the most since january last year.urope's biggest maker of home appliances reported a third-quarter profit that beat forecasts. the market of home appliances in the u.s. will grow 4% to 5%, raising their previous forecast of 3% to 4%. clarion shares, this with canada or maker, up by 9% today, -- the swiss chemical maker, up by 9% today. they beat estimates and are focusing to make higher-margin plastics and coding. for cosmetics as well, this is a company that is falling. 7%lier shares had it down by and now airbus is down 5%, the most since 2013. -- and a glitch shortage of cabin equipment held back handovers of the a 50 wide-body and new production is also affecting the a4 m transport plane. do not worry, because tom mendez says those setbacks should not affect its goal of delivering 650 aircraft this year. i got all of those planes out without making a mistake. betty: thank you so much. let's check in on the bloomberg first word news, taylor raikes has more. taylor: north korea may have failed in its attempt to fire

electrolux was upgraded at barclays based on improving sales of kitchen equipment and vacuums in the. stayingin europe are higher, and sales and brazil are holding up. back in the usa, bankamerica merrill lynch has downgraded shares of ford and fiat chrysler. ford cut to neutral from a buy equivalent despite reporting record profits yesterday. was it yesterday or two days ago? yes, yesterday. fiat chrysler load -- lowers to underperform. david? david: it is time for bloomberg trends, where we look at top stories on the terminal. caroline came in this morning and said -- we both read the same one. take us into it. thel c: it breaks it down by potential presidential candidates. for hillary clinton, she could be one of the individuals. donald trump is considering carl icahn. david co and jack welch. trump has same he would name carl icahn at one point. carol: we know him well, activist investor. david: ted cruz has phil graham, a former senator. he does know a lot about the economy. carol: he also talked about mitt romney. david: mitt romney as to hurry secretary -- as treasury secretar

general electric tried to sell off to electrolux and comcast corporation attempted to buy time warnert's been getting headlines right now, it has to do with staples and its purchase of another office supply company. that deal has been in federal court and it is being held up by the federal government, but we could get a ruling in two weeks. the federal judge has shown a problem or at least displeasure with the federal government's argument and that deal may go through. maria: adam shapiro, we've got those three different sectors that we're looking at this morning for potential upsets. we know, steve moore, that pfizer has already said it's walking away from its deal with all allergan, and they paid 4%, 4%. >> at 35%, and the rest of the world is at about 20. so that's like a 15% tax disadvantage. maria: american companies can't compete with that. >> but i want to circle back to the ftc ruling, they're blocking a record number of mergers under this administration. those mergers tend to, first of all, they benefit shareholders, number one, and number two, they make companies more effici