a fourth straight year of gains for panasonic.he japanese electronics i said it's operating profits rose 25% after years of losses on consumer electronics like tv's and smartphones. panasonic has seen a boost of sales of high-tech auto-parts like navigation systems and batteries. a dutch competitor did not fare so well. phillips reported a 28% fall in its first-quarter net profit, even as the sales rebounded with a weaker euro. the cost of trying to spin off its lighting business and focusing on selling medical equipment and consumer lifestyle products. bp said its first quarter profits were hit by low oil prices. after-tax profit of 2.4 billion euros compared to 3.5 billion this time last year. bp is trying to reorganize its business to come as a for a period of sustained lower oil prices. and finally in the world of wine production, france's losing ground quite literally to china. china has overtaken france as the country with the second-most acres of vineyards in the world. squeaking just ahead with 10.6%. spain still has the m

panasonic executives say the firm expects to post increases in both sales and revenue for the current business year. they say restructuring efforts are bearing fruit in helping to improve performance every year. >>> checking the markets. tokyo stocks ended the day higher above the key 20,000 mark. the nikkei average gained 0.38% closing at 20,058. improved corporate earnings and higher dividends put investors in an upbeat mood. moving on to chinese markets. the shanghai composite dropped 1.13% after a choppy session. investor locked in profits after the index posted its biggest gain in three months on monday. taiwan rose to touch another 15-year high following strong earnings by apple. but profit taking kicked in and reversed early gains. the index shed 0.16% closing at 9,956. most markets in asia-pacific region ended lower. ind nearonesia extended its losses closing down by 0.06%. the index fell 3.5% on monday. sydney declined 0.57%, snapping three days of gains. investors shrugged off the rebound to iron ore prices. >>> engineers at yamaha have started making motorbikes again in pak

we have panasonic rising 2%. panasonic that profit likely climb 70% for the year ending in march.ng to nikkei. profit their health by structural form. helped by structural reform. the makers of bottles for beer and wine coming in at $6.6 million for per luminary profit, more than doubling the forecast. their preliminary profit coming in at 51 million dollars being the forecast by 5.6%. they are not doing great, down 7 -- down 7/10 of a percent. .8%. wall down $.10 is now saying that they will buy additional shares, $400 million worth. that would be the equivalent to craigslist in the u.s. but they are down a 10th of a percent. don't forget, today in hong kong , in about half an hour we had a meeting explaining the situation there as restructuring goes on. back to you. equity markets may be falling but commodities and currencies are getting a boost from the cut in the chinese bank reserve requirements as the financial crisis. let's get to beijing because christine as they are having a officiallyis now china and stimulus mode? yes, china is officially and stimulus mode. most economi

japanese electronics part makers, especially for smart cars such as toshiba, alps electric sony and panasonicay also be in focus pape lot of japanese companies make components for these highly evolved technology the mechanisms for cars, which is a very big growing industry. so we'll keep track of those shares as well. >> and ramin, looks like the dollar is trading in a tight range ahead of the u.s. jobs report. how are major pairs trading this morning? >> exactly. let's have a look at that pair right now. analysts say traders may be jostling for position ahead of the main figure this week. but mainly they don't want to make too heavy a bet in case some of the figures come out a little bit irregular, although most do believe that the jobs growth trend in the u.s. is positive. dollar-yen 119.66-68 right now. the dollar fell against the euro right now, around 1.1% in fact. investors mulling over the recent robust euro zone data and the timing of a key interest rate hike in the u.s. now, finally a quick recap on chinese markets. the shanghai composite hit another seven-year high yesterday. still

. >> our panasonic chevrolet, i don't know we struggle add all weekend to get the balance. obviously our teammates have it worked out. they were all fast. we've got work to do. i've got to figure this package out or something. i don't know. we struggled. we fought through it. we didn't give up and alan made a great call. that's what got us to seven. >> thanks, jeff. >> another driver battling a cold. chevy, one, two three, and four, and five. jimmie johnson at 5-1. your winner here in texas. more in a moment. >> a disabled man abandoned local park. yeah, i'm married. does it matter? you'd do that for me? really? yeah, i'd like that. who are you talking to? uh, it's jake from state farm. sounds like a really good deal. jake from state farm at three in the morning. who is this? it's jake from state farm. what are you wearing jake from state farm? [ jake ] uh... khakis. she sounds hideous. well she's a guy, so... [ male announcer ] another reason more people stay with state farm. get to a better state. ♪ ♪ around here, we're all about fast. that's why xfinity is perfect for me

with he had followed panasonic and a lot of the auto sectors and back above 20,000 so that bodes pretty well. the topix also trading above 1,600 for the first time since november 2000. foreign as well as domestic funds placing a lot of buy orders according to analysts as low bond yields force investors to look for higher returns. concerns about greece always in the background holding back a little bit a sentiment and that was pretty evidence with greek stocks as the key index fell over 3%. also the greek two-year bond yields spiking to just above 30% and the benchmark ten-year greek bond also the yield is rising and the two-year actually hitting a two-year high beg your pardon of 13%. some investors seem to think there's a real possibility of a greek exit from the eurozone. also yesterday german bonds had been at record lows talking about the yield there. meanwhile a key money market rate the euro bore fell into the negative for the first time. european central bank pumping liquidity into the system. ai? >> ramin, concerns over greece looks like it's weighing on the euro. what are you s

panasonic is trading up 1.2% because its net profit likely climbed 70% for the year ending in march. according to analyst forecasts. ishizuka glass is up 11%. lmi think is also up -- elematec is also up 5.6%. their preliminary yearly profits coming in at -- coming in higher than the company's own forecasts. suzuki motor up 5/10 of a percent there. they are expected to raise annual dividends by two yen, so the stock is currently up half of a percent. mitsubishi motors is currently down 1.8% and they reported they will cut production in russia on this sales slump they have been seeing. just for that production, that would account for about three to 4% of total annual production. yamato, the delivery service in japan, is down 1.1% although they beat their profit forecast by $2.5 million. back to you. rishaad: greece is a remaining defiant. they show what they can deliver by mid-may to unlock new aid payments and avoid default as well. it is being default -- it is being defined as crunch time by many. >> they are saying they really don't have that much time left and they're saying that t

they got a panasonic vcr too. >> vcrs are gone and a lot of what they did i can do in here. than what the bigger video game consoles once did. and because this has a video camera, i no longer need one of these things. i remember i got excited when they got this small. >> the sharp the smallest camcorder. the great new shape. >> now a camcorder is inside my phone, and not only is it cheaper, it's so small i can pull it out and record something a criminal does or what an abusive police officer might do turn it off. >> this is a security device. my phone also replaces my old alarm clock. and -- my stopwatch. so i still like using this thing for timing tv segments. i asked one of the younger people on my staff if they knew where my stopwatch the other day and she said, what's a stopwatch? she couldn't imagine not using the one on her phone. the phone also replaces calculators. the flashlights. an app that does that. the egg timer. i can use my phone to change tv channels, replace the remote control. replaces the level. all inside my tiny phone. and i haven't even mentioned the t

they do so much of the work themselves and with their partner co-owner panasonic.t is not the kind of transparency. it's a protected number. betty: thank you for joining us. we will all be awaiting tonight 's announcement from tesla. bill gross is short of a lifetime -- is an mba still worth its price tag? ♪ betty: you are watching "in the loop." good morning. i'm betty liu. upon yields sure didn't -- bond yields surging across europe. bill gross added fuel to the fire last week when he called tenure german bonds the short of a lifetime. -- 10 year german bonds. >> good morning, betty. i may be here in sunny southern california but in los angeles, germany is the talk of the town. that is because of the enormous move we have seen in german bond yields. go back to april 20. the german tenure government bond was yielding 7.5 basis points. today, 32.5 basis points. it is a whole lot more than 7.5. april 20 was the day before all gross tweeted -- bill gross tweeted -- the biggest move into years. -- in two years. bill gross: did not do much today, just observed. it was

he will head to panasonic where he will attend the summit of the americas.issidents will be watching his interactions with cuban president, while castro. french economist and best selling author thomas v.a. says he sees the risk of politicians and their european union forcing greece out of the euro area. >> the eurozone as a rule is not doing well. it is less than it is outside the eurozone. alix: hsbc must pay a billion euro bail after being charged in tax evasion. the move comes after the banks swiss unit was charged to post a 50 million euro bail. go by hong kong stocks. as with the state run china securities journal has as a headline this morning. a buying frenzy in china stocks is spilling over into hong kong. the hang seng index hitting a seven-year high on thursday prostrating day. and unbelievable rally. joining us over the phone is the raymond james chief investment strategist and here in the studio is remy and since io. -- guest: i think china is trying to recycle some of the excess cash a half. hong kong is a unique property. there is an investmen

20,000 at 19,909 but still a gain of 1.4% thanks to better than expected earnings from toyota and panasonicank you. the billionaire investor david einhorn says stocks are too high if earnings have peaked. he is reducing net exposure by adding more shorts. green lights main funds fell by 7% in the first quarter versus 2% for the average u.s. stockbrokers fund. he notes the impact of stronger oil prices have been on earnings but companies hire more people and hike pay. >> einhorn has harsh words for general electric. he calls the company's decision to exit ge capital a victory for proponents of the dodd-frank financial reform law. he says the $16 billion after tax charge will drain 5 to 7% from s&p 500 earnings adding to the debate about the integrity of ge's reported results. green light capital added a position in general motors a year after selling it's stake. the firm believes gm put the massive ignition switch recall beline it and will begin it's buy back soon. let's take a look at gm shares up 1.6% in frankfurt. let's discuss more about earnings and what to expect with the ceo here in l