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US MARKETS:
S&P 500 futures up 0.7% to 2,851.00
Brent futures up 0.5% to $60.09/bbl
Gold spot down 0.2% to $1,460.85
US Dollar Index little changed at 97.52
GLOBAL NEWS:
Earnings season. In the United States, Walt Disney, Fidelity, Becton Dickinson, Duke Energy, Zoetis, Allergan and Regeneron are among companies reporting earnings today. In Europe, Deutsche Post, Beiersdorf, Rolls-Royce, Intercontinental Hotels and Meggitt.
The right timing. Jeff Bezos finally sold $2.8 billion in Amazon.com shares between the end of July and last Friday. The group did not wish to comment. The manager had put in place a multi-year disposal plan, in particular to finance his space project, which is very resource-intensive. A rather opportune timing in view of the last stock market sessions, which saw the stock drop by nearly 8% in 5 days.
UMG in China? Vivendi has begun negotiations with Tencent to sell 10% of its musical subsidiary UMG to the Chinese group. Both groups are also evaluating other collaborations in parallel.
Marriage of reason. New Media acquires Gannett, the publisher of USA Today, for $1.4 billion. The new group will bring together 263 daily media in 47 states of the United States, plus USA Today, Gannett's flagship. The objective is to create a large reinforced media group to adapt to the digitization of the sector.
Texas whiskey in the pastis. Pernod Ricard acquired Firestone & Roberstson, owner of Texas whiskeys and TX super-premium bourbons. The amount of the transaction, which includes a state-of-the-art distillery, has not been disclosed. The group confirms its ambitions in high-end niche markets.
In other news. Blackstone could invest $560 million in its counterpart BC Partners. Marriott will take a $126 million provision on the huge data leak that affected the group. Sports Direct acquires clothing distributor Jack Wills for £12.8m. OC Oerlikon reduces its forecasts. Georg Fischer buys the American Global Supply. Daniel Kretinsky will not raise his offer on the German Metro. The famous high-end fashion brand Barney New York is bankrupt. JP Morgan Chase raises its Chinese asset management joint venture to 51%, a first in the industry.
S&P 500 futures up 0.7% to 2,851.00
Brent futures up 0.5% to $60.09/bbl
Gold spot down 0.2% to $1,460.85
US Dollar Index little changed at 97.52
GLOBAL NEWS:
Earnings season. In the United States, Walt Disney, Fidelity, Becton Dickinson, Duke Energy, Zoetis, Allergan and Regeneron are among companies reporting earnings today. In Europe, Deutsche Post, Beiersdorf, Rolls-Royce, Intercontinental Hotels and Meggitt.
The right timing. Jeff Bezos finally sold $2.8 billion in Amazon.com shares between the end of July and last Friday. The group did not wish to comment. The manager had put in place a multi-year disposal plan, in particular to finance his space project, which is very resource-intensive. A rather opportune timing in view of the last stock market sessions, which saw the stock drop by nearly 8% in 5 days.
UMG in China? Vivendi has begun negotiations with Tencent to sell 10% of its musical subsidiary UMG to the Chinese group. Both groups are also evaluating other collaborations in parallel.
Marriage of reason. New Media acquires Gannett, the publisher of USA Today, for $1.4 billion. The new group will bring together 263 daily media in 47 states of the United States, plus USA Today, Gannett's flagship. The objective is to create a large reinforced media group to adapt to the digitization of the sector.
Texas whiskey in the pastis. Pernod Ricard acquired Firestone & Roberstson, owner of Texas whiskeys and TX super-premium bourbons. The amount of the transaction, which includes a state-of-the-art distillery, has not been disclosed. The group confirms its ambitions in high-end niche markets.
In other news. Blackstone could invest $560 million in its counterpart BC Partners. Marriott will take a $126 million provision on the huge data leak that affected the group. Sports Direct acquires clothing distributor Jack Wills for £12.8m. OC Oerlikon reduces its forecasts. Georg Fischer buys the American Global Supply. Daniel Kretinsky will not raise his offer on the German Metro. The famous high-end fashion brand Barney New York is bankrupt. JP Morgan Chase raises its Chinese asset management joint venture to 51%, a first in the industry.
