10 things you need to know before the opening bell

Posted On // Leave a Comment
 
Learn More about BI Prime View online
 
 
 
BUSINESS INSIDER
 
 
10 Things Before the Opening Bell
 
 

Advertisement

Here is what you need to know.

1. Apple's stock dropped on news of Jony Ive's departure. The famed designer's planned exit this year wiped $8 billion from the tech giant's market cap.

2. The billionaire Lego family is buying Legoland's operator. Merlin Entertainments has recommended the $6.1 billion offer to its shareholders.

3. America dominated second-quarter deals. Mergers between AbbVie and Allergan, Raytheon and United Technologies, and Occidental and Anadarko meant the US accounted for more than half of global M&A volumes.

4. Glencore's mining disaster is getting worse. The death count from a landslide at the mining and commodity group's copper and cobalt mine in Congo has climbed to 43.

5. Deutsche Bank passed a key stress test. Shares in Germany's biggest bank jumped 5% after it cleared the annual health check by the US Federal Reserve.

6. France's Orange has sold its 2.5% stake in BT. The telecoms giant raised $616 million from the disposal.

7. Nike suffered a rare miss. The athletic-apparel giant fell short of Wall Street's profit expectations for the first time in 27 quarters.

8. Stocks have climbed on hopes of a US-China trade deal. Germany's DAX led the pack in Europe (+0.5%). The S&p 500 was set to open up 0.2% near 2,938.

9. A couple of earnings reports are coming out. Constellation Brands, which makes Corona beer and Svedka vodka, is set to report first-quarter results today.

10. There's more economic data on the docket. Redbook retail figures and readings for existing home sales are scheduled for release.

 
 
Was this email forwarded to you?
 
Download on the app store   Get it on google play
 
Share this
 
fb   tw   g+
 
You received this email because you signed up to this
Business Insider newsletter using the
email: nguyenvu1187.love5@blogger.com
 
Email preferences Unsubscribe
TERMS OF SERVICE PRIVACY POLICY
1 Liberty Plaza, 8th Floor. New York, NY 10006
 

0 comments:

Post a Comment