Continental 1Q Auto-Unit To Improve Momentum, Says CFO

Continental AG, Europe’s second-biggest car-parts maker, raised its 2016 cash-flow forecast 11 percent after earnings jumped faster than revenue in the first quarter. Free cash flow excluding acquisitions will amount to at least 2 billion euros ($2.3 billion), versus an earlier prediction of at least 1.8 billion euros, Hanover, Germany-based Continental said Wednesday in a statement. Chief Financial Officer Wolfgang Schaefer goes through the numbers with Bloomberg's Francine Lacqua on "The Pulse."

Full Show: What'd You Miss? (09/15)
16:39 - Guests include: Arthur Blank, owner of the Atlanta Falcons, Jim Trott, former Bank of England chief FX dealer, and Luke McNamara, FireEye senior cyber threat intelligence analyst. (Source: Bloomberg)
  • Full Show: Bloomberg Daybreak: Americas (09/15)
  • JD Wetherspoon's Martin on Earnings, Outlook, Brexit
  • Oracle's Earnings Show Push Into Cloud Is Gathering Steam