Earlier today, Monsanto (MON) turned down Bayer of Germany’s $62 billion takeover bid, citing the following: With MON sporting a nearly $48 billion market cap, and $55 billion enterprise value, some investors may see today’s …
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I’ve said it before, and I’ll say it again, there is a distinct possibility that whatever is going on in China as it relates to their slowing economy is not nearly as bad as we generally …
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Automakers have been in the news of late. In case you missed it, Volkswagon of Germany got stone cold busted earlier in the month for years of spoofing emissions results in millions of their “clean diesel” …
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Since making a new all time high on July 24th, the S&P500 is down about 3.5% despite what has been some fairly good economic data here in the U.S., coupled with largely better-than-expected Q2 earnings. …
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White House officials indicated last night that President Obama is set to announce Janet Yellen as the new Federal Reserve Chairman nominee. She is expected to be confirmed in the Senate. Markets took on a …
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Asset prices for the most part are little changed from where they were as U.S. traders left their desks yesterday. Not much progress on the U.S. political negotiations, which continue to dominate the headlines. Asian …
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John Boehner made clear over the weekend that a clean debt limit bill would not be brought in the House. As a result, the market awaits further negotiations around the government shutdown and the debt …
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Overnight price action in SPX futures had its tightest range of the week, and most Asian and European equity indices moved less than 1%. Asian Indices Mostly Lower, Japan Again Weakest – No major economic data …
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Overnight price action in SPX futures similar to the last few days. After no progress was made on the government shutdown after talks between the President and Congressional leaders, futures leaked lower, though off their …
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After yesterday’s global rally, the second day of October has brought out the sellers. Asian markets almost all opened green, but SPX futures started moving lower shortly after midnight EDT, and were hit particularly hard …
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