Changing Philips Top to Bottom: CEO Van Houten
Oct. 21 (Bloomberg) -- Bloomberg’s “Countdown” anchor Mark Barton recaps his interview with Philips CEO Frans Van Houten on the company’s third-quarter results, remaking the focus of the company and the impact of healthcare reform in the United States. He speaks on Bloomberg Television’s “On The Move.”
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Why Earnings Should be the Focus, Not Volatility
23:53 - Since its April low, the Chicago Board Options Exchange Volatility Index -- a gauge tracking U.S. equity swings -- has climbed 25 percent through Thursday, beating similar indexes for other asset classes, Bloomberg Tradebook highlighted in a note. While still much lower than at previous peak levels, the VIX’s average this year is the highest since 2011 amid concern over global growth, the timing of Federal Reserve interest-rate increases and lackluster earnings. AllianceBernstein Portfolio Manager Mark Phelps discusses market volatility with Bloomberg's Mark Barton on "The Pulse."