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ECB Keeps Interest Rate at 0.75%

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  • Description

    FBN's Diane Macedo on the European Central Bank's rate decision.

  • Duration 1:48
  • Date

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Hi everyone I'm -- the state of the European Central Bank is just decided to hold its key interest rate at point 75%.

As expected.

We'll hear more next hour when ECB president Mario Draghi hold his news conference.

To talk about that decision and a few other topics he's expected to get grilled on in the meantime.

Let's take a look at the markets over in Europe the Bank of England also as expected kept its key interest -- At half of 1% stocks in Europe are currently mixed we have London down.

About 26 points Paris is up.

Little more than three and Frankfurt's up almost seventeen here in the US we've been seeing green -- across the board all morning Dow futures -- seven.

Yes and meanwhile Yahoo! is turning to Google in its search for more advertising revenue.

Yahoo!'s website will use Google's massive online advertising network to show ads.

Related to the content that's being read Google already distributes similar marketing messages to thousands of web site which -- helped it become the most Internet.

Prosperous company -- says the ads will appear on sites for finance news sports and cars.

Yahoo! CEO Marisa Mayer was a top executive at Google before being lured away nearly seven months ago.

Sony is reporting a smaller quarterly loss for its latest quarter as it tries to bounce back from a record.

Yearly losses the struggling Japanese electronics and entertainment company.

Says it lost 115 million dollars for the October to December quarter.

Sales climbed 7% from year ago to 21 billion dollars thanks to the weaker yen Sony's been in the red for the past four years that it felt.

Behind rivals.

Apple and Samsung Electronics in profitability and innovation.

Here's a look at commodities now oil and -- and -- -- -- oil up by about 33 cents gold is down a little more than a point.

Than a dollar I should say Imus in the morning continues after this on Fox Business.

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