- China property names are leading the broader mainland index lower on further signs of decelerating price growth in the housing sector, - In other economic data, Thailand GDP was in contraction in Q1, reflecting some of the recent political turmoil...Monday merger mania has seen some material developments from some of the biggest names on the block. AT&T announced it would buy DirecTV for $95/shr in stock and cash in a deal valued at $67.1B.AT&T will also have to divest its interest in America Movil to facilitate the regulatory approval process in Latin America...Pfizer announced it is raising the cash component in its $117B bid for AstraZeneca to £55/shr (or 45% from 33% in the initial offer). In detail, Pfizer is is offering AstraZeneca shareholders, for each AstraZeneca share, 1.747 shares in the combined entity and 2,476 pence in cash, representing an indicative value of £55.002. Pfizer also said the proposal is final and cannot be increased, but also that it will not go hostile if the bid is rejected...- The blockbuster announcements are dwarfing a $1B acquisition of a video game streaming site Twitch by Google. An update on the GE-Siemens bidding war for Alstom may enter a new phase as early as this week, with Siemens reportedly preparing a formal offer to counter GE...Nikkei -0.51%...HS-0.44%...Shanghai-1.18%
Eur$ 1.3712 S&P Fut. -0.12% European Fut -0.04%
Keep an eye on :
- ADP FP : ADP, TAV to Submit La Guardia Bid May 20, ADP CEO Says: Investir
- ADS GY : Adidas May Need Longer for 2015 Targets, CEO Tells Sueddeutsche
- AIR FP : EU May Challenge U.S. Tax Break in Boeing-Airbus Dispute:Reuters
- AIR FP : Airbus Part of Group Discussing EU Drones With Governments: Welt
- AIR FP : China Southern Airlines orders 80 Airbus aircraft - China pressChina Southern will take delivery of 30 A320 and 50 A320neo aircraft between 2016 to 2020, which will increase the airline's capacity by 12%.
- ALO FP : France May Extend Its Review of GE-Alstom Takeover: WSJ Link
- ALO FP : Siemens seen making formal Alstom bid as early as this week - RTR
- AZA IM : Alitalia to Receive Etihad Proposal by Tomorrow: Messaggero
- AZN LN : Pfizer Considers Last-Minute AstraZeneca Bid Hike: Sunday Times
- AZN LN : If AstraZeneca Engages, Deal Value May Rise Over $120b: Leerink
- BKIA SM : psoitive article in the barrons on bad bank
- BLT LN : BHP Preferred Over Rio on Shelter From Ore Weakness: Macquarie
- FF FP : Credit Foncier Restarts French Loan Securitization, Echos Says
- GSK LN : Glaxo China Accused of Tax Evasion By Party’s Legal Newspaper
- GYC GY : Grand City Properties 1Q FFO, Net, Rental, Op. Income Jump
- HOLN VX : Holcim's Aebischer Sees Much Buyer Interest for Assets: AWP
- MAP SM : Mapfre Starts Plan to Grow in U.S. Through Alliances: Expansion
- PTC PL : Oi, Telemar Participacoes Holders to Meet in Sept., October
- REIN LX : Reinet Investments FY Net EU92m vs EU374m; Div. EU0.153/Shr
- REP SM : Repsol Concerned About Scottish Secession Impact, Expansion Says
- RIO LN : Rio Tinto would consider ‘attractive’ offers for any asset
- ROG VX : Roche Antibody Gets FDA Orphan Status to Treat PVNS/TGCT
- RYA LN : Ryanair FY Net In-Line; Current Yr Net Forecast Below Est.
- SHP LN : Shire's Lifitegrast Highlights Improved Pipeline Prospects: Citi
- TFI FP : TF1 CEO Says Eurosport Proceeds to Fund TF1 Expansion: Figaro