on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. >>> a recap of the headlines today. twitter is the word. the social network prices its ipo ahead of a highly anticipated debut. second quarter results on the back of stronger north american sales and a slightly helpful yen toyota is up. >>> in europe, stocks moving broadly higher. more focus on auto earnings. tele motors reported a narrow third quarter loss and sharply higher product in revenue to beat forecasts. the automaker delivered 5500 of its model s sedan, including is 1,000 of on them to europe. some analysts were expecting the company to ship as many as 7,000 cars. the company is talking about fourth quarter e

mine was earned orbiting the moon in 1971. afghanistan in 2009. on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. >>> here are the headlines for today. cnbc learns the hedge fund could sign a deal today. >>> hsbc could have growth stabilizing. >>> and what makes for a blackberry takeover? the bid is lacking juice. >>> still ahead on the show, a chronic skill shortage is hitting businesses around the world. would matters be any better for u.k. firms? after the break we return to the cbi conference where ross is with the ceo of hayes. opportunities aren't always obvious. sometimes they just drop in. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader p

on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. >>> as far as european equities were concerned, if anything, slightly better. the ftse up 4.2%. the dax was up over 5% and the cac up nearly 4%. as far as the ten-year treasury yields was concerned during the month of october, pretty steady on the whole. and although there's lots of fluctuation within it, yielding slightly higher. and euro/dollar, we went up to a record high of 1.3833 last month. in the last two sessions, we took a pretty big decline. we saw the biggest daily decline in around 18 pose yesterday. or 16 months for the euro against the dollar. and as far as nymex was concerned, not a great month if you we

invested in the world. bny mellon. afghanistan in 2009. on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. >>> jefferson county will ask for approval of a bankruptcy exit plan today. if jefferson faulters at any point, the government has the ability to enforce an increase. at the time, the biggest municipal bankruptcy in u.s. history. >>> and the johnson & johnson unit has agreed to pay $2.5 billion to settle thousands of lawsuits over its metal artificial hip implants. the company recalled its system in 2010 after data suggested it failed at a higher than expected rate. it will go towards compensating 8,000 patients who had surgery to replace their implants. j&j in frankfurt up marginally. >>> and jpmorgan is taking its pu

mine was earned orbiting the moon in 1971. afghanistan in 2009. on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. >>> how would you describe the volumes of the stock? is. >> it still has the feeling that there aren't a whole lot of believers. as a contrarian, i view that as a positive sign, that we haven't seen a piling in yet. when people's mentalities start to change and people start to talk about the bullish market instead of talking about why the market shouldn't be here, that's when i'll be a little bit more concerned. the hand wringing by everyone out there because people still don't believe in the trend. >> what's the chance of farm managers trailing their benchmarks and adding to it in the next few weeks? >> well, there ar

mine was earned orbiting the moon in 1971. afghanistan in 2009. on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. >>> we've had pmi data today out for both china and the euro scope. this is sort of the equivalent of the ism data in the united states. .it's casted some doubt on the strength of the global recovery. activity on china's factory floors is speeding up at the same pace as last month. the estimate from hsbc and market manufacturing says pmi for november came in at 50.4, a touch lower than the 50.9 we saw back in october. and that's because export orts a orders are slippinging which suggests china's export growth may be losing some momentum in the third quarter. germany's manufacturing was the bright spot, it expanded more

on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. >>> welcome to "worldwide exchange." i'm ross westgate. the oecd cuts 2014 growth outlook for next year. global recovery is still lagging. >> what you have is world economy that is today going at top speed and we can't really get it on second gear. >> stocks in europe still in the red after germany's zew jumped to four year highs. this after carl icahn takes some of the wind out of wall street sales. but it is clear skies for easyjet, the uk pujt airline outshining rivals after a 51% jump in full year profit proposing a special dividend for shareholders. the dow breached the 16,000 mark yesterday. the s&p falling a bit

on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. >>> chinese internet ipos are continuing their online streak. boyaa surged as much as 26% on its hong kong debut. 832 times oversubscribed by retail investors. and a much bigger debut today had more modest gains in hong kong. huishang bank raised $1.2 billion. analysts have voiced concerns medium sized banks could have difficult controlling bad loan debt. >>> what has this done for private equity grums? carolin rejoins us from london at the ubs conference. >> hi, ross. i'm now joined by michael abraham. thank you so much for joining me. what exactly do you do in the financial sponsors group? >> i look after the named b

invested in the world. bny mellon. afghanistan in 2009. on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. stick with innovation. stick with power. stick with technology. get the flexcare platinum. new from philips sonicare. >>> now, it's been nearly five weeks since the ee bam ma administration launched the health cacare.gov website. they're still working to fix glitches with the website. yakny deang his is looking at was going on and injoin us from hq in the united states. >> the centers for medicare and medicaid services, the agency responsible for overseeing healthcare.gov now says it's going to take down the site for daily maintenance between 1:00 and 5:00 a.m. eastern time. the marketplace has been plagued by tech iss

on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. ♪ ♪ [ male announcer ] united is rolling out global, satellite-fed wi-fi to connect you even 35,000 feet over the ocean. ♪ that's...wifi friendly. ♪ >>> walmart will report third quarter results around 7:00 a.m. eastern. the retail giant posted second quarter results lower. walmart's forecast to earn $1.13 a share in revenue, just under $117 billion. same-store sales are expected to rise 0.3%. patrick mckeefe is managing director at mkm partners and joins us this morning on. patrick, a very good morning to you. what's going to be key for you from what walmart has to say? >> key, ross, for me will be what has be

on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. >>> you're watching "worldwide exchange." i'm ross westgate. the headlines from around the globe. world aid offers flood into the philippines after super typhoon haiyan wipes out cities and villages killing an estimated 10,000 people. it hampers rescue and humanitarian efforts. >>> shares in b sky b fall sharply. the cfo has been defending the price. >> we've got a long track record of having delivered what we said we would deliver, and what we're saying here is our guidance remains unchanged as a result of doing this. so we don't think we've overpaid. >>> giant translation at the top of the swiss market after caving i

on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. >>> the german finance minister says his country's incoming position has a united position on banking union. can a wider eu kick on with any progress? julia is in before russels at t meeting. >> it's a great question. he immediately said no decisions today. what we're trying to work out is a narrowing of some of the differences and oh, boy, are there some differences. we've got the likes of the germans, the dutch, the austrians saying that they don't want a european wide back stop here. we've got the german saying the idea of a revolution mechanism going forward, the structural itself is illegal and no one, of course,

on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. >>> ice's ceo has been critical of the way u.s. equity markets fupg. and on cnbc's closing bell, he says they're still rigged against the little guy. >> i think we can do better here. i think the markets have become too fragmented. there's always a day when somebody has to sell a stock or an index fund has to sell in order to rebalance or you and i go in and redeem our pension in order to pay the rent. and that fund has to sell. and the markets should not take advantage of people on those days when they have to take action. >> so is anybody thinking of the little guy at the ubs conference currently under way in london?

on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. stick with innovation. stick with power. stick with technology. get the flexcare platinum. new from philips sonicare. >>> a contrite president obama is apologizing to the american people for all the problems that have kropt up with his health care reform since it was rolled out more than a month ago. with more, we're joined by jackie deang his in the states. just how apoll getting has he been, jackie? >> very apologetic. president obama says he's sorry some americans are losing their current health care plans as a result of the affordable care act despite his repeated pledge over the past two years that no one would ha

mine was earned orbiting the moon in 1971. afghanistan in 2009. on the u.s.s. saratoga in 1982. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation because it offers a superior level of protection and because usaa's commitment to serve current and former military members and their families is without equal. begin your legacy. get an auto insurance quote. usaa. we know what it means to serve. >>> all right, europe's growth engine might be running at full steam. germany's ifo business survey better than expected in november, climbing to 109.3. analysts thought it would come in at around 107.7. it helped push the euro to a session high and it's also up to a four-year high against the yen. and european equities in response as well haven't done an awful lot, pretty flat during the session. we tried to kick on first thing this morning after the dow closed, but it hasn't really happened, slightly evaporated. >>> meanwhile, the ecb president, mario draghi, has backed signs of progress in the eurozone but insists t