Markets
AccorHotels moves to acquire Mantra in $1 billion deal
At 0930 BST, Mantra shares were up 16.4% to AUD3.76, while Accor was up 0.3% to €43.03. "The discussions are incomplete and any entry by the parties into binding transaction documents remains subject to a number of conditions, including (without limitation) the approval of both the Mantra and Accor Boards and agreement on documentation, Mantra said yesterday". [Full Article...]
EU Leader Foresees Possible Brexit Trade Talks By December
May told lawmakers in the House of Commons that a speech she made in Florence last month was designed "to move the negotiations forward, and that is exactly what has happened". Keeping her colleagues happy is at least as important to May as negotiating a good deal in Brussels . The Danish finance minister, Kristian Jensen, has also said the row over the Brexit bill is part of a game. [Full Article...]
Tesla shares jump after Morgan Stanley raises price forecast
Medpace Holdings had 7 analyst reports since March 29, 2017 according to SRatingsIntel. The stock has "Hold" rating by Deutsche Bank on Tuesday, September 5. The company admitted earlier this month that it was having some serious "production bottlenecks" with the Model 3. 20,000 shares were sold by DENHOLM ROBYN M , worth $6.24 million. [Full Article...]
Indians picked the wrong week to give up winning every game
Severino struck out nine and walked one. A frustrated Bauer gestured with his hand when he didn't get a strike-three call on a checked swing by Aaron Hicks , who soon singled home a run. Hall-of-Fame manager Earl Weaver famously said, "Momentum is the next day's starting pitcher", and Cleveland's momentum didn't travel to the Bronx two nights later. [Full Article...]
Dow Jones reported a fake story about Google buying Apple
The Dow Jones newswire rattled markets on Tuesday by publishing a clearly fake story claiming that Google was buying Apple. Apple's shares were mostly unmoved by the stories, likely because of the outlandish nature of the claims. "Google Chief Executive Larry Page had secret talks with the now-deceased Steve Jobs in 2010 to firm up the deal". The deal was announced when Jobs's will was read in... [Full Article...]
Bitcoin Trades Near Record Highs, Ignores Russia's Plan to Block Bitcoin Websites
Speaking at a conference on financial market derivatives, Shvetsov said while referring to the household "We can not stand apart. We can not give direct and easy access to such dubious instruments for retail investors", Shvetsov said. Russia's lower house has been discussing a bill to regulate the cryptocurrency trade, while the Chairman of the State Duma Committee on Financial Markets Anatoly ... [Full Article...]
Seneca, Cayuga county bridges among most in need of fix
In Erie County, there are 52 bridges owned by various municipalities that are considered structurally deficient. That's a drop from 2002 when 16.7 percent of the bridges owned by local governments were rated structurally deficient. Tennyson said Warren County is in the process of replacing two of its deficient bridges, on Padanarum Road in Bolton and on Dippikill Road in Johnsburg. [Full Article...]
Marshall Wace North America LP Increases Position in Mondelez International, Inc. (MDLZ)
Bernzott Capital Advisors holds 2.61% of its portfolio in TriMas Corp for 759,980 shares. Citigroup Inc (NYSE:C) has risen 35.60% since October 9, 2016 and is uptrending. Webster Natl Bank N A holds 0.39% or 60,506 shares. Exane Derivatives has invested 0% of its portfolio in Citigroup Inc (NYSE:C). Boston Advsr Llc reported 0.01% stake. [Full Article...]