its best ever third quarter profit and forecasts a full record year the results come as the ceo, kazuo hirai announces he's stepping down. >>> welcome. let's look at these markets. the stoxx 600 is on the defensive, sliding by 0.7% as you would expect, after the deutsche numbers, the banks are leading the losses here over in europe let's take you through deutsche bank very quickly. posting a net loss of 2.2 billion euros for the fourth quarter. much worse than expected the year-end number was really the issue here almost a a500 million euro loss. the third consecutive loss for deutsche bank. let's look at individual european markets, this is how they look. broadly weaker as you would expect xetra dax is off by 1% cac off by almost 1% the ftse mib down by 160 points. the ftse 100 in terms of the overall picture is doing reasonably well. so the loss is limited at about 14 points or so. sectors. let's look at them as you would expect, banking is in focus, but oil and gas, let's look at some gainers, up by 0.4% for the sector basic resources is on the back foot, down by 2 or 3 points autos is a

kazuo hirai, the man who revitalised the legendry sony corporation, is resigning at the end of march.ad been crippled by huge losses especially in its consumer electronics business. by this last october, quarterly profits were steaming ahead, more than 27 times higher than a year earlier. online estate agency purplebricks says it's doing just fine, whatever its critics say. stockbrokers jeffries isn't too sure. it says purplebricks claims that it sold more than three quarters of homes listed with it is questionable. it says the figure ought to be just over 51%. which is why purplebricks shares are down 7% today. london auctioneer christie's says business is looking good. the value of its global sales are up by over a quarter. last year, out of the ten most expensive items sold in the auction world, it sold seven of them — including a world record in new york in november — leonardo da vinci's salvator mundi, a snip at £342.2 million. right. those are the markets. ftse down again, four days in a row. if you look at all the markets around the world, you can compound them together and we

mattel down 6.7% >>> sony says ceo kazuo hirai will step down in spril after s april after six yearsn the role he will become chairman and cfo. kenichiro yoshida will replace him as ceo the news comes as sony reported better than expected third quarter results helped by the play station and image sensor business >>> astrazeneca's fourth quarter profit was a miss. >>> and deutsche bank's fourth quarter was loss the company posting a 1$1.8 billion charge related to the new u.s. tax law deutsche bank has now reported an annual loss for three straight years when looking at the european financials this has been one of the underperformers. >> they wouldn't have made a third year in a row of a loss if not for the write journal of doa law. shares are down 6% today for one month, down about 18% for mid-december you could say they lost about 18% as it relates to this quarter's earnings if you think about the fall from grace as well from deutsche bank, which was one of the top three global players in investment banking with a retail presence as well with citi and jpmorgan, they made 5.8 billion

kazuo hirai, the ceo, will be stepping down. he will be replaced by the finance chief.stock is up by 7% this morning. >> here. do you want -- >> no. >> i'm doing this totally gra two i to uw uws -- i have no ved interest here, but this is -- >> they're hot >> you need these for the super bowl >> is it cold in minneapolis >> they're unbelievable. you don't like hot >> michael, go ahead. >> they're good though i like them. >> mouth on fire. >> i have no reason to do this other than i can. >> other than you're eating them at 7:30 this morning. >> for you. >> no thank you. i love -- the worst doritos. anything that ends in tos. doritos, cheetos, fritos, cheesetos. >> yeah. >> i don't know. >> julia, she puts up with a lot. cnbc and viacom taking steps towards a possible -- nice red nice women's heart red, julia. julia joins us with more >> thanks, joe what we're talking about now is a potential recombination of cbs and viacom all i can say is here we go. this is a potential recombination for the two media giants by sherry and sumner redstone sherry redstone and her national