Reuters - Before the Bell

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Monday, June 10, 2019

Roche's $4.3 billion Spark bid delayed again amid U.S., UK scrutiny

Swiss drugmaker Roche's $4.3 billion takeover of U.S. gene therapy specialist Spark Therapeutics has been pushed back again, possibly beyond the first half, as regulators continue to scrutinize the deal for its effect on competition.

Delay the 'dot plot'? Fed policymakers face communications quandary

As Federal Reserve policymakers grapple with how to downplay their quarterly "dot plot" projection of interest rates without eliminating it altogether, some are looking at a compromise: delay its release to reduce the chances that analysts treat it as a sneak peek of where Fed policy is heading.

Salesforce to buy big data firm Tableau Software for $15.3 billion

Salesforce.com Inc said on Monday it would buy big data company Tableau Software for $15.3 billion in an all-stock deal, marking the biggest acquisition in the company's history.

Exclusive: Buyout firm Apollo Global in the lead to acquire Shutterfly

Private equity firm Apollo Global Management LLC is in the lead to acquire Shutterfly Inc after making the highest offer for the U.S. digital imaging company, people familiar with the matter said on Monday.

Employees sour on Tesla amid cost-cutting, layoffs

Tesla Inc’s rankings at two high-profile job websites have declined, suggesting that job dissatisfaction at the electric car company is intensifying amid layoffs, strategy shifts and executive turnover.

Opioid drugmaker Insys Therapeutics files for bankruptcy

Drugmaker Insys Therapeutics Inc filed for Chapter 11 bankruptcy protection on Monday, about a week after agreeing to pay $225 million to settle a U.S. probe into bribes it paid to doctors for prescribing a powerful opioid medication.

Oil steady as fate of output pact unclear, U.S.-China trade war lingers

Oil prices steadied on Monday as major producers Saudi Arabia and Russia had yet to agree on extending an output-cutting deal and U.S.-China trade tensions continued to threaten demand for crude.

United Technologies, Raytheon to create $120 billion aerospace and defense giant

United Technologies Corp agreed on Sunday to combine its aerospace business with U.S. contractor Raytheon Co and create a new company worth about $121 billion, in what would be the sector's biggest ever merger.

Nissan CEO got higher stock-linked bonus after payout date changed, former director Kelly says

Nissan Motor Co Ltd Chief Executive Hiroto Saikawa was granted an exception in 2013 to reschedule a stock-linked bonus that bumped up the payout by 47 million yen ($432,382), former Representative Director Greg Kelly told magazine Bungei Shunju.

China's Fosun holds talks to buy Thomas Cook's main holiday business

The world's oldest travel company Thomas Cook edged closer to a break up on Monday after its biggest shareholder, China's Fosun Tourism, made a preliminary approach for the British group's core holiday operations.