vodafone is trading near the top of the stoxx 600 after it raised its full year earnings guidance. the adjustment comes after it posted a strong first half performance boosted by organic growth the world's second largest mobile operator expects ebita to grow around 10% up from a previous forecast of 4% to 8%. vodafone saw its revenues slide a bit because of deconsolidation of its dutch business but managed to raise its dividend. shares up by 4.2%. >>> infineon shares are trading higher to the tune of 4.3% following the decision to raise its dividend the firm increased its payout to investors despite reporting earnings which missed expectations. >>> a different picture for henkel shares in germany shares off 3.3%. one of the worst performers on the dax and the stoxx 600. these shares are under pressure following its warnings that challenging market conditions in the consumer goods sector will continue the german consumer goods company, which is behiupping it 17 earnings guidance after posting a 3% rise in organic sales growth >>> alstom's first half net profit was boosted the french

vodafone. you'll see that at the market open as a factor.ing up, it is the market open. ♪ guy: a minute to go until the start of castrating in europe. the legacy out of china is bleak. tennis old aggressively overnight. start of castrating in europe. the legacy out of china is bleak. matt, this is a chart that depends on your view on technical indicators, but let's quickly talk about that. this is a little bit like a left shoulder and then a head and then a right shoulder. that is a gap from my point of view. matt: obviously, depends on how you see technical analysis, but what you're saying is if there is a head and shoulders, the left shoulder, we should see the right shoulder come down to match that. guy: come down somewhere. matt: you can see the dax come down a lot. guy: we will see market trading opening this morning. it will take a while to get the dax open. around .5%. thanksgiving of course. the united states -- down .2% already. we are probably expecting a little bit more on the downside from the market makers this morning. you're p

vodafone is one of those, trading up by over 4%. a strong start.ll help out the london market. i'm standing in front of the ecb. bank, thet central most powerful central bankers in the world are here. janet yellen went in a moment ago. mario draghi is already in there. kuroda, carney, and the rest of about,ll be talking communication is the topic of the day. in two hours will give a seven minute speech, and take two or three questions from the public. medecin.ing you expect them to have affect some markets today? and you're, you were more excited by the cars than the gatherings, we do not expect any significant announcement from this gathering for the good isson that what we have now a global synchronized recovery. the big chunk of the job needed by central bankers, delivered the results and the outcome they were looking for. take a bank policies little bit of a backstage compared to what is happening in terms of what is driving the markets right now. an hour ago we had german we were expecting 0.6 percent gdp growth and the third quarter. we got 0

vodafone came out with strong figures this morning.business news the first group of students from the uk's only degree course for deaf performers is taking to the stage with a new production that blends british sign language and english. it's hoped the adaptation of caryl churchill's play ‘love and information' will challenge perceptions and make sign language more visible. 0ur scotland correspondent lorna gordon went to meet them. it is a play with big themes that affect us all. love and how we make sense of things in an increasingly frenetic world. the 50 short scenes, each with a different set of characters, are all performed by ten actors who happened to be deaf. i think the play's very, very powerful because it is able to show different perspectives in that deaf people are similar to hearing people in that environment and that we're all similar, we're all the same and i think that play really demonstrates that. mr rushmore, if you could just open the door... their performance in a mixture of english, captioning and british sign la

inflation watch, we will have the numbers at 9:30am this morning but we have had good readings from vodafoney have a deal to take over booker. and samira hussain has the details about what's ahead on wall street today. the biggest high—profile hedge fund investors will reveal their third—quarter purchases and sales of such closely watched stocks like apple and amazon .com. 0ther such closely watched stocks like apple and amazon .com. other than being a fascinating snapshot of how they invest, they will also reveal market trends including the stocks at the beginning of the second half of the year. the number one home improvement chain, home depot, is expected to have benefited from a demand for home essentials and restoration equipment during the aftermath of powerful hurricanes that tore through the country during the quarter. joining us is george godber from polar capital. let's talk about inflation because we get the latest update in the uk today and we have seen it rising consistently, what are you looking for? i think all eyes will be on the wea kness for? i think all eyes will be on the

vodafone a mover with shares up 5.5%, almost doubling its forecast of earnings growth with rising revenueith second-quarter results that beat expectations and the numbers may help satisfy investor appetite for signs of improved performance in europe i the carrier which generates more than 70% of its revenue. progress in overhauling its money-losing business in india. it has been quite a day for shares. maker which is planning to merge its rail operations with those of a german rival reporting a drop in orders after contracts in canada and vietnam failed to make up for previous larger ones in the u.s. and by. .- dubai the rail equipment maker expects a deal to close next year as it seeks approval from european antitrust authorities. to china, it's moderation in growth the last month comes at the right time for the global economy, benefiting from the pickup in europe. the u.s.'s strength as well. the slowing of credit growth in china, industrial output, retail validatesestment help the investment activity will moderate now that the party congress is all but wrapped up. the thinking is that

.> we have vodafone qatar we have not been talking a lot about qatar recently because we have not seenwe have an upgrade by hsbc to come so it might be a good buy opportunity for some investors. we also have emaar in the uae. of tradehe last day before its unit starts trading in dubai, and it is down quite a bit this week. tracy: tough times for emaar. eastloomberg middle markets reporter, thank you for joining us. and she come are you watching? angie: well, we are watching this. everyone should stay tuned bloomberg. coming up 11:00 a.m. to buy time, we speak to the outgoing easyjet ceo as the budget airline reports its full year results. that is definitely one to watch. as we take a look across the region, we are seeing the msci asia-pacific regional benchmark closing in on another record high. hopefully that will translate to gains in your neck of the woods. and we still have brent barely in the green, up three cents a barrel. we will see how middle east markets interpret that. that is it for this edition of "bloomberg markets: middle east." ♪ angie: stay tuned. bloomberg daybreak: e

vodafone japan was the prime example. he turned it around in a few years. a pretty clever guy. anchor: he certainly is. investors are still struggling to find out and understand what the vision fund actually entails. how everything ties together and how it will start affecting softbank's earnings. do we get more clarity on that front on how you investment and company fits in together? they did talk about synergies over time, and how even some of the investments, for example, a low satellite andany would help softbank sprint, because they would have the exclusive rights once it starts. but beyond that, there are three parts. there are not too many people in the world who would be able to claim that. withs the connection entrepreneurs, large, and small. worldwide, he has success with some of the best entrepreneurs. when the deals are brought up, the deals are changing softbank or softbank what have deals. in political circles, whether it is china, india, u.s., europe, are also unmatched, so if you look at his connections, his network, his ability to identify

. >>> vodafone reporting strong growth in the first half of the year driven by demand for data they areaising the full-year earnings growth target to 10%. that's up from the previous 4% to 8%. shares of switch are lower after the data center company reported its first result since going public last month the stock had run up nearly 6% ahead of yesterday's report, but look at where it is now. it's down about 8% >>> credit suisse agreed to pay 1$135 million to settle a probe into its foreign exchange business in new york new york's state banking regulator alleged traders improperly shared information to manipulate currency prices and used its electronic platform to trade ahead of client orders even so, good for a bank like this to have it behind it. 1$135 million is a drop in the bucket compared to what some other banks had to pay >> it's pretty small i'm sure they hope it doesn't get multiplied by 50 for every state which it won't, but this is a thing that they got behind them >>> we'll get some inflation data with the october producer price index out at 8:30 a.m. eastern time on the ear

telecommute -- telecommunication jointrs, with blasters venture with vodafone.tepping up drilling in ouray for a second consecutive year. the first indication of the expiration plans for next year. the company looking at wells in norway next year. it suggests they could end up 2018ing as many wells in as it participated in globally this year. wells fargo will invest more than 10 billion euros with his partners to develop a range of new energy vehicles in china. saying they will make the investment by 2025. venture will start production of electric vehicles in the first half of next year and sales will start in the second half. that's the bloomberg business flash. angela merkel said to be wary of pushing theresa may to hardin brexit talks amid fears it may backfire. officials see risk that excessive e.u. pressure over the divorce bill could weaken may at home if she were replaced, most linee successes are hard brexit backers within her party, at least. let's talk to the global head of -- at societe generale, who still with us. your latest out of the brexit and wh

novo nordisk, daimler, and vodafone. energy rising. they are with numbers out this morning.e downside, but us show you what is going on here. gfa which has gone ex-dividend this morning. we can pretty much ignore what is happening. that is the story on that one. let us change that but to percentages. jen mathis trading down a little bit. erickson showing weakness as well this morning in terms of the movers. it is earnings season, which continues to be the dominant theme throughout this week. graph -- tim,m good morning. are they delivering on what investor expectation looks like? >> absolutely. generally, q3 has been a continuation of a very strong q1 and q2 earnings seasons. europe is a little bit more youd, particularly when look at european financials. it is a little bit more of a mixed picture. when you look at where the surprises that have come are, it is fairly reassuring in that this quarter in particular has been energy materials that have really delivered. it is coming from a low base of expectations, i suppose, but when you see the moves in commodity markets and yo

. >>> vodafone reporting strong growth in the first half of the year driven by demand for data the world'sd largest wireless producer is raising its full year earnings target as well to 10%. that's up from the previous 4 % to 8%. >>> shares of switch are lower after the data center company reported its first results since going public just last month third quarter earnings and revenue beat forecasts the stock run up nearly 6% yesterday ahead of the report. >>> credit suisse has agreed to pay $135 million to settle a probe into its foreign exchange business new york's state banking regulator alleged that traders improperly shared information to manipulate currency prices and used the electronic platform to trade ahead of client orders. >>> standard & poor's declaring venezuela in default after it failed to make two interest payments on its debt they owed 2$200 million in cou n coupons. they failed to pay that. they have been downgraded to a "d" from double "c," and cut the long-term foreign sovereign credit rating to selective default. >>> lord of the rings is heading to amazon. the company

vocus putting its business as a challenger to vodafone.isse said goldman sachs made a pitch to challenge new zealand telecom rivals. a busy week for bond traders and fx traders tuesday. beforeellen testifying the joint economic committee. let's have a look at all this. thank you for joining us. we have pmi inch chin in china,n india, where are we in the fx pace and what is the path of least resistance for the dollar? concern is wete are seeing some rebound in european economic data. we saw pmi outperforming expectations across the board. that happened during a month was strong come so it is validation of how strong the euro has been lately. if we get the of urgency in the then -- get divergence in the pmi data, then we will have to consider that. there are also event risks, and the pce deflator on friday for the u.s. can be important. it is the fed preferred indication for inflation. it has been falling persistently . you want to see how this thing is going at a time when janet yellen and jerome powell are likely to be assessing their view

platform and so the same way that randall wants to own time warner, you know, deutsche telekom, vodafone, verizon, we think all of the distributors will want more i.p. and more content and we'll be able to open up our coat and say here's the stuff that we got >> just a final question cord cutting has put a lot of pressure on your stock despite being up today it's still down 30% over the past 12 months how much are you counting on skinny bundles in the new direct and consumer bundle that doesn't include sports to change that equation and save your cord cutting situation? >> first, 65% or 60% of our company in revenue is outside the u.s., and this whole issue of skinny bundles doesn't affect us because we're on every skinny bundle and virtually everywhere else, but the u.s. we just launched filo which is a skinny bundle without sports i think you will see more distributors launching bundles over the top and directly to consumers without sports this is the only market in the world where you have to buy a fully packed bundle that includes regional sports and sports and retrans, and so i thin

let's check movers on a day with minus signs across the boards for major averages vodafone repohigher earnings results in line with expectations beat on revenue and increased full-year forecasts. that has taken the stock higher by 5.75% meantime, citrix board of advisers added an ad didditiona $1.7 billion to the buyback program there for a total of $2 billion. that's through the end of next year the company's ceo says the buyback demonstrates confidence in their overall plan and commitment to return capital to shareholders those shares up 1.1% kelly? >>> shares of buffalo wild wings are soaring today on news of a takeover bid by roark capital, owner of arby's and carl's jr. kate rogers joins us now with a look at who in the space might be next. kate >> hi there, kelly, fast food names like mcdonald's and restaurant brands international have continued to thrive this year, fast casual names have been hit hard making them attractive for potential buyouts. analysts say names like noodles & company and zoey's kitchen with smaller market caps and struggles may be on the radar next another