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Cma provisionally approves joint-largest deal its investigated
Broadcom and VMware's merger has been provisionally approved by the UK's competition watchdog. The Competition and Markets Authority (CMA) gave the gr...
July 19, 2023, 9:58 am
People's bank of china set mlf rate at unchanged 2.65%, as expected
People's Bank of China Medium-term Lending Facility (MLF)PBOC inject 103bn yuan via a one-year MLF at 2...
July 17, 2023, 1:21 am
Microsoft activision merger facing last-ditch block attempt in us
US regulators have launched another attempt to block a merger between Microsoft Corporation (NASDAQ:MSFT) and gaming firm Activision Blizzard Inc (NAS...
July 13, 2023, 3:11 am
Revolution medicines: early-stage firm whose high valuation i cannot explain
Revolution Medicines, Inc. is undoubtedly doing interesting science. However, I can name 10 companies that are doing equally interesting science but a...
July 11, 2023, 6:56 pm
Morphic: high valuation not justified by data, development status, or cash
Morphic Holding, Inc. is progressing with its trials nicely enough. I just have a problem with the nearly $3bn...
July 10, 2023, 3:12 pm
Shell expects lower trading in gas business, takes us$3bn writedown
Shell PLC said it expects second-quarter trading at its gas division to be "significantly lower" compared with the previous quarter, due to seasonal ...
July 7, 2023, 2:38 am
Astrazeneca sees £7bn wiped from its value as lung cancer results fall short of 'best-case scenario'
Shares in pharmaceutical giant AstraZeneca PLC (LSE:AZN) fell 4.4% in early trading, erasing £7.3bn fr...
July 3, 2023, 4:19 am
Intel searches for purpose as major european chipmaker
Between a record US$33bn commitment in Germany and a smaller, though still significant, US$4.6bn commit...
June 20, 2023, 10:03 am
Shell tells city what it wants to hear, mostly
Shell largely gave the City it wanted to hear last week at its capital markets day, said analysts, even though the oil major enraged climate activist...
June 19, 2023, 10:51 am
Tesla supercharger network to be 'a large monetization opportunity ' says wedbush
Tesla is on the verge of becoming the electric vehicle equivalent of Amazon's and Apple's hugely successful cloud computing businesses, suggests Wedbu...
June 15, 2023, 11:18 am
Japan may trade balance data shows big slump for imports y/y, small jump for exports
Japanese Trade Balance data for May 2023Trade balance is -1372.5bn yenprior was -432.3bn yenImports -9....
June 14, 2023, 11:51 pm
Pboc sets usd/ cny mid-point today at 7.0821 (vs. estimate at 7.0764)
People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plu...
May 31, 2023, 1:15 am
Merck: solid pharma buy with strong upside if keytruda patents extended
Merck has been the best performing Big Pharma stock apart from Eli Lilly over the past 3 years, 1 year, and 3 months. The company drove $59....
May 30, 2023, 2:03 pm
Asda snaps up petrol and convenience store operator eg group
Asda confirmed the acquisition of petrol and convenience store EG Group's UK and Irish business in a deal worth £2....
May 30, 2023, 6:16 am
Cardinal health: focus on core strengths and operational efficiency enabling margin expansion
In the past year, Cardinal Health (CAH: +50.95%) has rallied significantly, with share price action superior to both the broad market (SPY: +5.51%) an...
May 24, 2023, 11:46 pm
Meta hit with record fine, backtracks on facebook closure warning
Meta Platforms Inc (NASDAQ:FB) has been fined €1.2bn (US$1.3bn) and ordered to stop transferring user...
May 22, 2023, 7:02 am
Fx option expiries for 17 may 10am new york cut
EUR/USD- 1.0795-10 (€751m)- 1.0825-35 (€556m)- 1.0915-20 (€619m)USD/JPY- 134.50 ($2.1bn)- 135.50 ($1.3bn...
May 17, 2023, 4:20 am
Fx option expiries for 16 may 10am new york cut
EUR/USD- 1.0710 (€517m)- 1.0815-20 (€555m)- 1.0895-00 (€675m)- 1.0950-65 (€925m)- 1.0995-00 (€813m)AUD/USD- 0.6700-10 (A$1....
May 16, 2023, 5:37 am
Fx option expiries for 15 may 10am new york cut
EUR/USD- 1.0890-05 (€760m)- 1.1000-10 (€1.1bn)- 1.1200 (€1.3bn)GBP/USD- 1.2390-00 (£632m)USD/CAD...
May 15, 2023, 5:06 am
Fx option expiries for thursday, 11 may 2023 at the 10am new york cut
A look at what is on the board for today. EUR/USD1.0800 EUR1.58bn 1.1000 EUR1.53bn 1.0925 EUR1.52bnUSD/...
May 10, 2023, 11:08 pm