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Oct 2, 2019
10/19
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ken murphy has been named as the successor.you want to know who the top boss is at your local circle -- supermarket, ken murphy is replacing dan lewis. if you own the stock, you are going to get interim dividend pr share of 265 p versus 167 a year ago. you're going to get more money as a shareholder and a new boss as a shopper. is's take a look at what going on in futures this morning after a rough day in equities yesterday in the u.s., after those ism numbers this appointed. the worst drop in equities since august. european futures pointing down. ftse futures off almost 0.5%. let's take a look at the bund future's. german bund, italian btp, and u.s. treasury futures as well this morning all down. offee bund future's selling , which could indicate you see the yield rise. the same is true of these others. in live trade, we are seeing the yield rise on 10 year. we certainly call wall street cold in asia. stocks lower across the board after manufacturing data out of the u.s.. the nikkei lower by half of 1%. the cost be had by news
ken murphy has been named as the successor.you want to know who the top boss is at your local circle -- supermarket, ken murphy is replacing dan lewis. if you own the stock, you are going to get interim dividend pr share of 265 p versus 167 a year ago. you're going to get more money as a shareholder and a new boss as a shopper. is's take a look at what going on in futures this morning after a rough day in equities yesterday in the u.s., after those ism numbers this appointed. the worst drop in...
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Oct 6, 2019
10/19
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the choice they're making for this dark horse, for -- a top walgreens boots alliances executive, ken murphyte surprising. there's speculation they would get somebody internally to step up to the ceo role. caroline: auto sales posting near record results, but shares are currently falling to the u.s. manufacturers as investors doubt the u.s. car market can sustain the near record results for much longer. general motors says u.s. sales rose, but not as much as expected. meanwhile, ford's third quarter sales fell less than expected. fiat chrysler fell flat, but did beat expectations after the real concerns flagged by toyota, nissan, the asian producers yesterday in the u.s. it felt like a real relief getting the u.s. manufacturers' numbers. >> yeah, but it's not a real apples to oranges comparison. because what the asian manufacturers reported yesterday were just september sales. this year, september sales did not include the labor day weekend, which is a high selling period. and what the detroit automakers reported was a three month period. so that included august, which had the wonderful sale
the choice they're making for this dark horse, for -- a top walgreens boots alliances executive, ken murphyte surprising. there's speculation they would get somebody internally to step up to the ceo role. caroline: auto sales posting near record results, but shares are currently falling to the u.s. manufacturers as investors doubt the u.s. car market can sustain the near record results for much longer. general motors says u.s. sales rose, but not as much as expected. meanwhile, ford's third...
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Oct 2, 2019
10/19
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he will be replaced by ken murphy, who has held senior positions at walgreens boots alliance.secretary is expected to visit india today. according to reports wilbur ross will meet finance minister nirmala sitharaman and commerce minister piyush goyal in delhi. the trip comes as the two countries remain locked in a trade dispute. the 70th anniversary of communist party rule in china was "one of hong kong's most violent and chaotic days", the city's police chief has said. an 18—year—old protester was shot in the chest with a live bullet — one of six live rounds fired by police. let's go live to hong kong now and our correspondent steve mcdonell. how has the city today been reacting? well, following a day which was probably the most violent we have seenin probably the most violent we have seen in this conflict, today it is kind of back to normal in hong kong. businesses are open, people are back to work. such a contrast to yesterday, when we saw fires lit all through the heart of the city. protesters, fighting with police. you would have struggled to find a shopping centre open h
he will be replaced by ken murphy, who has held senior positions at walgreens boots alliance.secretary is expected to visit india today. according to reports wilbur ross will meet finance minister nirmala sitharaman and commerce minister piyush goyal in delhi. the trip comes as the two countries remain locked in a trade dispute. the 70th anniversary of communist party rule in china was "one of hong kong's most violent and chaotic days", the city's police chief has said. an...
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Oct 5, 2019
10/19
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will step down next summer and will be succeeded by a surprise choice, walgreens boots alliances' ken murphyestors love their supermarkets and this is a surprise change at the top. >> you're right, absolutely. this is a surprise change. there is speculation lewis would step down because he had been around for five years at the top of the company. he has been instrumental to the turnaround of tesco despite jitters, increase profitability, cut costs, laid off people, extended businesses. there were rumors. but the choice they're making for the dark horse, a top walgreens boots alliances executive can murphy, is quite surprising. there's speculation they would get somebody internally to step up to the ceo role. >> auto sales posting near record results, but shares are currently falling as investors doubt the market can sustain the record results for much longer. general motors said sales rose, but not as much as expected. third quarter sales fell less than expected. fiat chrysler fell flat, but did not feed expectations after the concerns by toyota, nissan, the asian producers yesterday. they f
will step down next summer and will be succeeded by a surprise choice, walgreens boots alliances' ken murphyestors love their supermarkets and this is a surprise change at the top. >> you're right, absolutely. this is a surprise change. there is speculation lewis would step down because he had been around for five years at the top of the company. he has been instrumental to the turnaround of tesco despite jitters, increase profitability, cut costs, laid off people, extended businesses....
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Oct 2, 2019
10/19
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replace next summer just about by ken murphy during those shares are up 2%.have a whole summer to figure this out, and the current ceo who is on his way out, stepped in and 2014. hisysts are optimistic that turnaround plan has been completed. you soe: dani, thank much per let's get to first word news from new york city with viviana hurtado. viviana: we begin with more heat on president donald trump's closest allies over the ukraine call. u.s. house democrats warning mike pompeo about possible charges after he blocks testimony from five state department officials. in a letter, lawmakers say pompeo appears to have a "obvious conflict of interest" because he listened into that phone call. the u.s. economy losing speed. manufacturing stumbling. president trump blames the fed. he says jerome powell and his colleagues have allowed the dollar to get too strong, hurting manufacturers. the bloomberg dollar index is up less than 2% on the year. another warning sign for the u.s. economy, u.s. auto sales peered in september nissan, toyota, and honda saw double-digit slum
replace next summer just about by ken murphy during those shares are up 2%.have a whole summer to figure this out, and the current ceo who is on his way out, stepped in and 2014. hisysts are optimistic that turnaround plan has been completed. you soe: dani, thank much per let's get to first word news from new york city with viviana hurtado. viviana: we begin with more heat on president donald trump's closest allies over the ukraine call. u.s. house democrats warning mike pompeo about possible...
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Oct 2, 2019
10/19
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he will be succeeded by ken murphy from walgreens. cheers were called down 3%. street really likes the current ceo. he was able to turn around the company when he joined, boosting profit despite brexit concern. matt: thanks very much. get your latest stories by typing first go under bloomberg. ♪ everyone uses their phone differently. that's why xfinity mobile lets you design your own data. you can share 1, 3, or 10 gigs of data between lines, mix in lines of unlimited, and switch it up at any time. all with millions of secure wifi hotspots and the best lte everywhere else. it's a different kind of wireless network, designed to save you money. switch and save up to $400 a year on your wireless bill. plus, get $250 back when you buy an eligible phone. that's simple. easy. awesome. call, click, or visit a store today. anna: a minute to go until the start of the equity trading day. this is what we have in the futures. a minute until we start equity trading. futures are suggesting we will be weaker at the start of the trading day. no surprises when we see what happen
he will be succeeded by ken murphy from walgreens. cheers were called down 3%. street really likes the current ceo. he was able to turn around the company when he joined, boosting profit despite brexit concern. matt: thanks very much. get your latest stories by typing first go under bloomberg. ♪ everyone uses their phone differently. that's why xfinity mobile lets you design your own data. you can share 1, 3, or 10 gigs of data between lines, mix in lines of unlimited, and switch it up at any...
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Oct 2, 2019
10/19
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tesco's ceo will step down, succeeded by ken murphy.e wake of an accounting has boosted profits. that's your bloomberg business flash. alix: thanks so much. facebook ceo mark zuckerberg trying to rally the troops. published recordings show that zuckerberg has been speaking candidly about the social network's problems, and what of them is elizabeth warren's threat to break up facebook. >> it is not just breaking up these companies. it is not going to solve the issues. it doesn't make her election less likely. it makes it more likely. alix: thunderbird says it would "suck to have to fight the government," and elizabeth warren tweeted, saying, "it would really suck if we don't fix a corrupt system that lets giant companies engage in illegal, anticompetitive practices." a fun exchange there. coming up, the u.s. joins the global factory activity slowdown. what does it mean for the jobs market and the equity market? this is bloomberg. ♪ everyone uses their phone differently. that'shy xfinity mobile lets you design your own data. you can share
tesco's ceo will step down, succeeded by ken murphy.e wake of an accounting has boosted profits. that's your bloomberg business flash. alix: thanks so much. facebook ceo mark zuckerberg trying to rally the troops. published recordings show that zuckerberg has been speaking candidly about the social network's problems, and what of them is elizabeth warren's threat to break up facebook. >> it is not just breaking up these companies. it is not going to solve the issues. it doesn't make her...
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Oct 2, 2019
10/19
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he will be replaced by ken murphy, someone who has held a number of senior positions at the company whod be of the same view. he has achieved nothing short ofa view. he has achieved nothing short of a remarkable turnaround in the la st of a remarkable turnaround in the last five years. he took over at a time when competition was really starting to hot up in the grocery sector. the discounters aldi and lidl snapping at the heels of the big, traditional retail grocers. do you think he did enough to fend off that competition? i think so. what he has done is reset the dial at tesco. when he joined it, it was bloated and overgrown and there was a lot of trouble. a food scandal and an accounting scandal and mistrust by customers. but gradually he has worked on new initiatives and the most dramatic was the acquisition of the cash—and—carry group booker foods. that gave tesco a whole new avenue to explore, providing food to hotels, restaurants and the public sector. but with the introduction of jax, the low—priced discount chain that was intended to take on aldi and lidl. he showed a great deal
he will be replaced by ken murphy, someone who has held a number of senior positions at the company whod be of the same view. he has achieved nothing short ofa view. he has achieved nothing short of a remarkable turnaround in the la st of a remarkable turnaround in the last five years. he took over at a time when competition was really starting to hot up in the grocery sector. the discounters aldi and lidl snapping at the heels of the big, traditional retail grocers. do you think he did enough...