Speaker 1: Broadcasting live to New York Cloomberg eleven rio who watching
Speaker 1: it in d C Roomberg one to Boston Blueberg well
Speaker 1: runners see San Francisco Bloomberg nine sixty to the Country
Speaker 1: Series Exam Channel one nineteen and around the globe the
Speaker 1: Bloomberg Radio plus Aven Boomberg dot com. This is RUMBERK Surveillance.
Speaker 1: Good morning. I'm Karen Moscow along with Tom Keenan Michael McKee.
Speaker 1: The opening val brought to you by SEI. Today's competitive
Speaker 1: marketplace requires asset managers to become more operationally adept imagine
Speaker 1: transforming your business. But seis global platform at se i
Speaker 1: C dot com. Slash imagine. Stocks are lower at the open.
Speaker 1: The SNP five hundred down three tenths per center five
Speaker 1: points to five down. Jones Industrial average down two tenths
Speaker 1: per cent or forty three points to seventeen thousand, five
Speaker 1: hundred eighty one. Then as Act down half per center
Speaker 1: twenty five points to forty seven eighties three ten, Your
Speaker 1: treasury up seven thirty seconds, the yield eight per cent
Speaker 1: that you'll done a two year point eight four percent
Speaker 1: nom X crude oil down one point four percent or
Speaker 1: fifty eight cents to forty cents of barrel. Comic gold
Speaker 1: is up eight ten percent or not dollars fifty cents
Speaker 1: to twelve fifty three eight n ounce the euro a
Speaker 1: dollar twelve twenty three d n one eleven point six one.
Speaker 1: Tom and Mike Karen, thanks so much. You will go
Speaker 1: to Brussels here in moment with a number of live
Speaker 1: reports as are important reports. But right now on the
Speaker 1: markets with run on the screen negative fifties seven, the
Speaker 1: VIX advancing by point seven eight points fourteen point five
Speaker 1: uh seven is David Wilson, what do you do take
Speaker 1: a general market tact or do you focus on securities
Speaker 1: affected by what we saw in Brussels? Well, you really
Speaker 1: do the ladder because you are seeing the airline stocks
Speaker 1: down and they had been market leaders since the stocks
Speaker 1: hit bottom last month. It concerned clearly that the bombings
Speaker 1: and Brussels may discourage travel to Europe. And you've got
Speaker 1: American Air down three percent in early training, Delta Air
Speaker 1: also down three percent, United Continental down two and a
Speaker 1: half percent. Cruise line owners are falling as well. Carnival
Speaker 1: shares down a bit more than three percent. We're all
Speaker 1: Caribbean down about two and a half percent and just
Speaker 1: some other stocks of note, you've got Yahoo damn about
Speaker 1: one and a half percent. The web coar portal was
Speaker 1: cut to neutral from by at C Group. Symantec up
Speaker 1: a half a percent, The makeup security software Story at
Speaker 1: a billion dollars stock by back and declared a special
Speaker 1: dividend of four dollars a share. Win Resorts up three
Speaker 1: and a half percent. The casino owner raised the equivalent
Speaker 1: of buy from hold at Morgan Stanley Zillo Group of
Speaker 1: six percent. The real estate website owner lifted the equivalent
Speaker 1: of buy from holding OURBC Capital Markets trans Ocean down
Speaker 1: about five percent. UH the real chief executive Jeremy Thigpen
Speaker 1: said he doesn't expect the oil driller to begin charging
Speaker 1: higher rates for offshore rigs for at least three years.
Speaker 1: And G three Apparel down twenty three percent. Fiscal fourth
Speaker 1: quarter earnings and sales were lower than the averageist estimates
Speaker 1: in Bloomberg survey, and G three fully your profit forecast
Speaker 1: trailed the lowest projection. David Wilson, thank you so much.
Speaker 1: Appreciate this morning again negative forty nine on the doubt.
Speaker 1: He has been with his five, six and seven times today.
Speaker 1: He has been tireless. Jones Hayden with decades of experience
Speaker 1: in Brussels and is our bureau chief in Brussels. What
Speaker 1: would you look for, uh Jones, going into the evening?
Speaker 1: What what what is the thing you will listen for
Speaker 1: in your Brussels Well, we're hoping, um that to kind
Speaker 1: of get an all clear, but I don't think we're
Speaker 1: going to get that. You know, the police and the
Speaker 1: security forces are now you know, looking for other packages
Speaker 1: um in the metro system and at the airport and
Speaker 1: making sure that everything is all clear. So what you
Speaker 1: know you're hearing here in Brussels is more explosions, but
Speaker 1: they're controlled explosions as as the bomb squad goes through
Speaker 1: and and gets rid of other suspicious looking packages. UM.
Speaker 1: So I think we're just going to be on tenter
Speaker 1: looks like through the rest of the evening and probably
Speaker 1: into tomorrow as well. Um the airport is supposed to
Speaker 1: open reopen tomorrow and they haven't given a time for that. Um.
Speaker 1: You know, we'll see how that goes and how smoothly
Speaker 1: um we can have we can have that come about.
Speaker 1: I want to ask you such a scene for us
Speaker 1: we have We've read that the airport obviously is closed,
Speaker 1: Trains aren't moving. The only way in or out is car.
Speaker 1: The Brussels people government has shut down surface transportation in
Speaker 1: the city. What is Brussels like for people who haven't
Speaker 1: been there, and what's it like trying to get around
Speaker 1: if you were trying to live your in ordinary life
Speaker 1: there today, what would it be like. Well, if you're
Speaker 1: in the European Quarter um and a lot of people
Speaker 1: are here, you know, if you're if you work, uh,
Speaker 1: you know, at one of the European Union institutions or
Speaker 1: for the myriad of companies that cater to the European institutions,
Speaker 1: then you're having a hard time of it because they
Speaker 1: have a perimeter around the subway system him in this
Speaker 1: area and that just keeps getting wider um as they
Speaker 1: push people back, so it takes a long time to
Speaker 1: get to get around it. So it's just a big
Speaker 1: inconvenience um where you know, you hope that that is
Speaker 1: a positive sign that that the security forces are there
Speaker 1: and they're taking care of stuff. But you know, in
Speaker 1: the back of your mind, you know, after this morning,
Speaker 1: you're always going to have you know what if there's
Speaker 1: another one, You're always gonna be thinking what if there's
Speaker 1: another bomb about to go off someplace else. We obviously
Speaker 1: have seen much concern about terrorism in Brussels, with the
Speaker 1: arrest of the terror suspect this past week and the
Speaker 1: search for him for so many months. What's the general mood.
Speaker 1: We were talking just before the break about the moon
Speaker 1: of the people and how it will affect the economy,
Speaker 1: how it will affect daily life going forward. From the
Speaker 1: perspective of someone who lives there, what's it going to
Speaker 1: be like? Well, you know, we we were, you know,
Speaker 1: feeling pretty good after Friday, you know, thinking we've made
Speaker 1: big strides Belgium, thinking has made big strides against the
Speaker 1: terrorist um network um. But now we're plunged back into
Speaker 1: something similar to what we had in November, you know,
Speaker 1: in the immediate wake of the Paris terror attacks. Of course,
Speaker 1: that investigation came back, you know, came here to Brussels
Speaker 1: almost immediately, and we had a lockdown. And and what
Speaker 1: we're experiencing right now is even more severe than that
Speaker 1: lockdown here because the airport is closed as well as
Speaker 1: all the trains. We are tourists. When I tell people Jones,
Speaker 1: I go to Brussels I've been a couple of times, folks. Uh,
Speaker 1: I see just the surface of it. If you go
Speaker 1: from the Brussels Palace and you go across that lovely
Speaker 1: park and then you turn right and go down excuse
Speaker 1: my fractured French rutalawa, and you get to Melby, you
Speaker 1: get to the Melby train station. What is around that? What?
Speaker 1: What is that part of Brussels? Well, at this point
Speaker 1: what is around that is a big tording of police
Speaker 1: and security officers. Nobody can get close to it. Um,
Speaker 1: they're in there combing the wreckage of the bomb. Even
Speaker 1: even now they're continuing to go through it to make
Speaker 1: sure there's not another package in there that that may
Speaker 1: go off. So they and they keep pushing back the people. Um.
Speaker 1: So earlier, you know, we could get fairly close and
Speaker 1: see um people going in because the officials going in
Speaker 1: and stuff. But now we're way back. Everybody is way back.
Speaker 1: We can't even get close to it. Well, this, of course,
Speaker 1: this metro stop is just to block away from the
Speaker 1: EU headquarters. Right right, it's right down it's right down there,
Speaker 1: and it's near the European Parliament. The European Parliament was
Speaker 1: having hearings today that they were suspended um, but then
Speaker 1: they started up again UM. So that you know, they're trying,
Speaker 1: you know, to put on a face of things as usual,
Speaker 1: things operating as normal, but it's not quite the case.
Speaker 1: What's the general feeling to live in Brussels these days?
Speaker 1: Is there a question like why us? Why are we
Speaker 1: the locusts of terror? Um? I don't know if it's
Speaker 1: if they if people put it in that um, in
Speaker 1: that kind of phrasing um, but you know there is
Speaker 1: this question being asked, why is it You know that
Speaker 1: mullin Bake seems to be you know, a hotbed for um.
Speaker 1: Um she hottest Why you know, terrorist cells seem to
Speaker 1: like um being here in Belgium and in Brussels, and
Speaker 1: they're still trying to figure that out, you know. And
Speaker 1: and the whole immigration issue that the EU is dealing with.
Speaker 1: You know, we had this big summit here, you know,
Speaker 1: very near where this bomb took off on Friday, Thursday
Speaker 1: and Friday of last week, and that's all about how
Speaker 1: do you deal with all these masses of people coming
Speaker 1: into the EU and making sure that you're still safe.
Speaker 1: Jones will probably speak to you tomorrow. Jones Hayden, our
Speaker 1: duty in Brussels, and our Belgium, our bureau chief, I
Speaker 1: should say, in Brussels. Uh, this morning, Mike. We're all
Speaker 1: getting a little more knowledgeable about Brussels today. Yes, both
Speaker 1: of us been there a couple of times, well, I
Speaker 1: mean many times. But our steepest sympathies and thoughts go
Speaker 1: out to the people of Brussels and a number of
Speaker 1: international corporations reporting on the safety of their employees and
Speaker 1: of course for much of them, any good news there
Speaker 1: is wealth. The TAO negative fifty eight points on Wall Street.
Speaker 1: This hour of surveillance brought you by Volvo Cars, White Planes.
Speaker 1: Visit Volvo Cars White Planes. Dot Com like a bar
Speaker 1: has the latest headlines from Brussels, myke town, thank you
Speaker 1: very much. At least twenty six people are dead after
Speaker 1: three blasts at Brussels airport and the city subway system.
Speaker 1: Belgian police have locked down Brussels. Belgian Ambassador to the
Speaker 1: U S. Johann Rebecky, spoke to reporters at the embassy
Speaker 1: in Washington. People, of course, in this stage are in
Speaker 1: the process of helping the victims, making sure that they
Speaker 1: get the first that they needed. Republican Donald Trump and
Speaker 1: the Democrat Hillary Clinton will try to pad their delegate
Speaker 1: lead over their underdog right vols today and contests for
Speaker 1: both parties in Arizona and Utah. Democrats in Idaho also
Speaker 1: hold presidential caucuses. Preference poles show that Republican Ted Cruz
Speaker 1: has a chance to claim more than fifty of the
Speaker 1: caucus vote. In Utah, Democrat Bernie Sanders has targeted today's
Speaker 1: races as the start of a comeback tour. President Obama
Speaker 1: will give a televised speech today in Havana. The President,
Speaker 1: on the third day of his historic trip to Cuba,
Speaker 1: will also meet with dissidents. Global News twenty four hours
Speaker 1: a day, powered by our twenty four hundred journalists more
Speaker 1: than one hundred fifty news bureaus from around the world.
Speaker 1: Michael bar Mike, Tom, and Michael thanks so much. Sterling
Speaker 1: is the great mover of the day. Down a hundred
Speaker 1: and fifty three dollar forty two fifteen on weaker Sterling, Euros, Swissy,
Speaker 1: Swissy stronger one O eight nine seven on Swiss as
Speaker 1: you would expect, swissfering doing it better. With more from
Speaker 1: Brussels and from our world headquarters in New York. This
Speaker 1: is Bloomberg Surveillance. Bloomberg Surveillance is brought you by WITHAM
Speaker 1: Smith and Brown CPA's audit, tax and advisory services to
Speaker 1: helpier business be in a position of strength. Experienced the
Speaker 1: witham Way by visiting witham dot com