News Clip1:19
Bloomberg

Higher Prices Aren't Scaring Away McDonald's Customers

Higher Ed
McDonald's Corp. sales and profits beat expectations in the third quarter thanks to higher prices and movie-inspired ads, but US customer traffic dipped for the first time this year. Bloomberg's Abigail Doolittle has more on the earnings...
News Clip2:34
Bloomberg

HSBC, Bank of China, Automakers: Earnings Week Ahead

Higher Ed
HSBC Holdings Plc is under scrutiny as Standard Chartered Plc posted lower-than-estimated profit on charges related to investments in China. Bank of China Ltd. and automakers including BYD Co. are set to report earnings this week. Felix...
News Clip5:05
Bloomberg

JPMorgan's Lei on China Bank Earnings

Higher Ed
JPMorgan's Co-Head of APAC Banks Research Katherine Lei discusses China bank earnings. She speaks with Bloomberg's David Ingles and Yvonne Man on "Bloomberg Markets: China Open."
News Clip2:36
Bloomberg

Ford Withdraws Full-Year Guidance Amid Pending UAW Deal

Higher Ed
Ford said it fell short of third-quarter earnings expectations, attacking higher costs and lower quality, a day after it won labor peace by giving a 25% wage hike in a new tentative contract with the UAW. David Welch has more on...
News Clip8:37
Bloomberg

Harvey: Hard to Build Equity Floor Without the Rates Ceiling

Higher Ed
Wells Fargo head of equity strategy Christopher Harvey says that the big question for equities will come from how high rates go. Citi Global Wealth head of investment solutions Kristen Bitterly says that it is no longer about how high...
News Clip11:59
Bloomberg

Deutsche Bank CFO on Earnings, Outlook

Higher Ed
Deutsche Bank plans to accelerate payouts to shareholders after higher income from its corporate bank and deposit inflows offset weaker trading results in the third quarter. Revenue in the three months through September rose about 3%...
News Clip4:32
Bloomberg

Deutsche Bank CFO Says Cost Cuts Will Include Job Losses

Higher Ed
Deutsche Bank CFO James von Moltke discusses net interest income, shareholder returns and job cuts. He speaks with Bloomberg's Dani Burger after the lender reported revenue in the three months through September which rose about 3% from a...
News Clip2:42
Bloomberg

GM Pulls Profit Forecast on UAW Strike Uncertainty

Higher Ed
General Motors CFO Paul Jacobson discusses better-than-expected third-quarter results as the company removes profit guidance due to the ongoing UAW strike. Jacobson says the automaker is "not going to sign a deal that doesn't allow us to...
News Clip3:14
Bloomberg

Barclays Misses Estimates, UniCredit Lifts Revenue Goals

Higher Ed
Barclays's trading division missed estimates in the third quarter and UniCredit lifted its full-year revenue target after posting better-than-expected net income. Jan-Henrik Foerster reports on Bloomberg Television.
News Clip7:20
Bloomberg

CICC's Liu on China Equities

Higher Ed
CICC Research Strategist Kevin Liu discusses China's equity markets. He speaks with David Ingles and Vonnie Quinn on "Bloomberg Markets China Open".
News Clip3:56
Bloomberg

Alain Marckus: Geopolitical Risk Has Slowed Down

Higher Ed
FAB Managing Director and Head of Asset Management, Alain Marckus, discusses his views on Fed policy and this week's earnings. He also discusses the impact of the Israel-Gaza war on global volatility. He speaks with Yousef Gamal El-Din...
News Clip2:29
Bloomberg

Rate Hikes to Hit Bank Margins: Asia Earnings Week Ahead

Higher Ed
Lending margins will be in focus this week when Asia's largest banks report earnings, as peaking interest rates chip away at margins. Chinese lenders are also grappling with soured loans from the troubled real estate sector. Harshita...
News Clip6:42
Bloomberg

Optimal Capital Advisors' Stacy on US Markets

Higher Ed
Frances Stacy, director of strategy at Optimal Capital Advisors, discusses her outlook and investment strategies for US markets. She speaks with Bloomberg's Shery Ahn on "Bloomberg Daybreak: Australia."
News Clip6:05
Bloomberg

Lerner: Energy Sector a Good Hedge in This Market

Higher Ed
Keith Lerner, Truist Advisory Services co-CIO and chief market strategist, says the energy sector is a good hedge in this market. He's on "Bloomberg The Open." Follow Bloomberg for business news & analysis, up-to-the-minute market data,...
News Clip3:48
Bloomberg

Top Calls: Netflix 3Q Results After The Close

Higher Ed
Magalie Grossheim, M Science Senior Analyst, joins Romaine Bostick and Katie Greifeld to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close. Follow Bloomberg for business news & analysis,...
News Clip5:12
Bloomberg

Breaking Down Tesla's Third-Quarter Earnings

Higher Ed
Morningstar Senior Equity Strategist Seth Goldstein discusses Tesla's third-quarter earnings with Romaine Bostick and Scarlet Fu on "Bloomberg Markets: The Close." Tesla reported worse-than-expected earnings in the third quarter, after...
News Clip1:46
Bloomberg

Goldman Sachs Profit Slumps 33%; CEO Pleads Patience on Pivot

Higher Ed
Goldman Sachs Group Inc.'s property investments drove a $212 million loss in the equity book last quarter and an additional $358 million in impairments contributed to a 33% drop in profit. Su Keenan reports on Bloomberg Television.
News Clip5:49
Bloomberg

AlphasFuture's Sharma on Market Outlook

Higher Ed
Geetu Sharma, Founder and Investment Manager of AlphasFuture, discusses the impact of geopolitical uncertainty on global markets. She speaks with Shery Ahn and Haidi Stroud-Watts on "Daybreak Asia".
News Clip2:58
Bloomberg

US Banks Brace for Tough Times Ahead

Higher Ed
US bank earnings are in focus this week, bracing for results from Goldman Sachs Group, and Morgan Stanley after seeing solid earnings from JPMorgan Chase & Co. and Wells Fargo & Co. Su Keenan reports on Bloomberg Television.
News Clip1:29
Bloomberg

Wells Fargo Beats Estimates on 3Q Net Interest Income

Higher Ed
Wells Fargo & Co. reported third-quarter results that beat analysts' expectations for net interest income with the bank again raising its full-year guidance as it benefits from higher interest rates. Sonali Basak and Jonathan Ferro...
News Clip8:16
Bloomberg

Societe Generale's Benzimra on Markets

Higher Ed
Frank Benzimra, Head of Asia Equity Strategy at Societe Generale, discusses his latest market outlook and investment strategies. He speaks with Yvonne Man and Rishaad Salamat on "Bloomberg Markets Asia".
News Clip13:48
Bloomberg

Evercore's Schlosstein on Inflation, Stocks, Bond Yields

Higher Ed
Evercore Chair Emeritus Ralph Schlosstein discusses the outlook for inflation and the state of financial markets with Alix Steel and Guy Johnson on "Bloomberg Markets."
News Clip1:41
Bloomberg

Delta Cites Fuel, Maintenance Costs in Trimming 2023 Profit Outlook

Higher Ed
Delta Air Lines Inc. cut the high end of its outlook for 2023 profit on rising fuel prices and larger-than-expected aircraft maintenance costs while the carrier reported fourth-quarter earnings that beat analysts' estimates. Bloomberg...
News Clip6:37
Bloomberg

Lisa Donahue on How CEOs Should Prepare for a Recession

Higher Ed
Lisa Donahue, Alixpartners managing partner and co-head of Turnaround Services, talks about how businesses can prepare for a recession and why we are seeing more strikes by organized labor. She speaks to Bloomberg from the Greenwich...