heineken has named a new ceo.ears of ceo will beits new an insider who is currently president of the asia pac opportunities. posted theker fastest sales growth and a decade. joining us now is the cfo. tell us what you expect. is this a steady hand running the ship in the same direction? or a young newcomer who shake things up? >> good morning. it has been an amazing five years for me as a co-member of the executive board. i am super grateful for that. he is very experienced. i am looking forward to great years with him. our strategy and delivery have been strong topline growth. for the past number of years. in asia, we have good business. we are entering the year with a very strong position for the future. this is a very positive thing for us. very strong business in asia. but i would not discount the business we have in the rest of the world. matt: what kind of affects can coronavirus?om the people are quarantined, sick. they will not be going out and drinking beer. what kind of losses do you see to your business

these are your headlines >> heineken beats full year dividends. but it is too early to assess the impact from the coronavirus as the death toll surges past 1,100. >> i'm reading and watching the press like you are it will impact obviously people don't get out and go to restaurants. that will have an impact what we don't know is the duration >>> kering beat sales to send shares higher. but the luxury brand says the virus outbreak uncertainty could hurt trends. >>> softbank operation plunges taking a massive third quarter hit after bets on uber and wework go south. >> translator: we have cause for concern among investors. >>> a drag on the stoxx 600 after fourth quarter numbers and higher numbers weight on the dutch lender >>> let's start with some of the market price action. a bit of a muted end we have dow finish flattish. s&p up a certain amount. worth pointing out that 77 new s&p 500 highs. a couple of highlights not real areally market moving but he did define growth as being moderate no one is expecting major shifts out of the fed worth pointi

solid numbers coming out of heineken. demand for beer not as dismal as we first thought. mro dragging the banking sector down. a dismal set of numbers coming from this dutch bank, trading at 15.90. that is the european close. finishing at near session highs. vonnie: it is interesting you mentioned heineken because molten course was the best performer in the s&p 500 today. -- moulton coors. may be improving sentiment around what companies are saying about the coronavirus and it does not look like it is continuing to exponentially spread. the 10 year yield at 2.63. not moving yields all that much. we are grinding ever so slowly higher. the president will not be pleased to see a dollar index close to 99, he was tweeting out a complaint about the strong dollar yesterday, but it is stronger today. one of the best performers in the s&p 500 now is micron. it got an upgrade on what ubs sees as a potential demand for micron type of memory. you mentioned carnival. it took a big nosedive earlier on the idea its forecast is in doubt because of coronavirus fears but also said it was n

other major european indices closed higher despite another drop in manufacturing activity shares of heineken up about 5% in amsterdam your maker predicted s strong growth- and a change in management. wallstreet also trending up investors once again shrugging off concerns about that possible spread of the coronavirus the dow jones has jumped to a new record high the nasdaq up point 8% as well as our- shares of lift slid as much as nine percent. as the ride hailing up reported a billion dollars in quarterly revenue forecast slower growth for the year ahead. i need you court is beginning to hear google's appeal against a two point four billion euro fine from the european commission. the penalty was handed down in two thousand seventeen after the commission found google had unfairly promoted its shopping service in search results. use general court will be hearing appeal arguments over three days five this is just one of several major finds the evas had google with in recent years. it's already filed three appeals. verdict could also have wider repercussions for cases pending brussels against si

the 2.5% organic growth, heineken was posting 5.5 until that happens, it is probably dead money. >> ofe coronavirus is largely in to focus. >> has this changed your view for 2020 >> for 2020, yes we've seen this in the market with sars. if you look to 2021, it doesn't really have an impact. but short term, it is going to hurt >> a brief flash here from french president saying, we have in front of us a crisis, an epidemic on the way. going back to ab inbev, they have a big presence in china they have a huge facility in wuhan itself they are warning about $170 million in lost profits. how much worse do you think this could be for their sales and market share if facilities are depending on wuhan >> wuhan is one of many breweries in china they can pick up production from other breweries. wuhan itself is not significant problem. at a group level, it is relatively manageable. the bigger threat is as the virus has already spread to south korea. that's another 2 perce% of profs >> thank you for being with us from european beverages. >>> let's take a look at the heat map we are now about two ho

deals under his tenure made heineken the world's second-largest brewer. be replaced by the current head of asia-pacific. >> i have been working alongside with those at the executive team. mewhen i joined five years ago. back when he was in the u.s.. he has worked on 4 continents and spent 22 years of the company. he is young, which is great because you need lots of energy. he is also very experienced, and i am looking forward to great years with him. viviana: nissan is suing carlos ghosn. the automaker is seeking $91 million in damages from its former chairman. the amount of the claim may arise depending on any fines or pay.ties nissan has to carlos ghosn was arrested on charges of financial misconduct in 2018. he was facing trial until his to medical escape from japan about six weeks ago. we finish with boeing. it failed to sell any commercial planes in january. that extends a slump that joined the company's finances since two fatal crashes last month the, second with no orders of its best-selling max jet. deliveries also plunging. boeing sold only 13 po

like for impact on peers heineken, which reports tomorrow, and also ab inbev, who reports at the ende month. anna: let's go to pandora. what has a company said today? >> investors have not really been expecting fireworks when it comes to earnings. there were week numbers. sales would be down 6%. they have been trying to make the brand more popular, with consumers pulling some of their underperforming brands. but here's the kicker, they hadn't priced in the coronavirus . it is said to have an unprecedented impact on their business in hong kong and china. anna: annmarie, joe and dani: thank you so much for joining us. you can get all of these numbers on your bloomberg app. the virus, hong kong has reported in death from the novel coronavirus, the second fatality outside of mainland china, where the number of cases now tops 20,000. but chinese stocks are stabilizing. investors gauging the efforts to contain the virus and the spread so far. going back to geneva, vasileios gkionakis still with us. what do you think of the virus's effects on the market? we have seen a rout in equities, com