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FT.com - China, Economy & TradeSep 24, 2018
China exporters report stability despite US trade war
Survey shows business as usual but nearly half of respondents say tariffs hurt

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Stocks pressured as U.S.-China trade fight revives growth fears; oil elevated (Reuters Business)

Reuters BusinessSep 24, 2018
Sears CEO Lampert offers new deals to avert bankruptcy
Sears Holdings Corp Chief Executive Eddie Lampert, a major investor in the company, has proposed rescue deals to help the department store chain avoid bankruptcy as debt matures next month and it faces a cash crunch, according to a regulatory filing released on Monday.

Reuters BusinessSep 24, 2018
Canada's Barrick Gold to buy Randgold for $6.5 billion
Canada's Barrick Gold Corp has agreed to buy Randgold Resources Ltd in an all-stock deal valuing the Africa-focused miner at $6.5 billion, to create the world's largest gold producer in an industry under investor pressure to put capital to good use.

MarketWatch MarketPulseSep 24, 2018
Aurora Cannabis releases earnings, confirms U.S. listing plans
Aurora Cannabis Inc. released fiscal fourth-quarter earnings late Monday and confirmed its intention to list stock on a "senior" U.S. exchange such as the Nasdaq or the New York Stock Exchange. "Listing our shares on a senior U.S. exchange reflects the level of corporate and business maturity and our high-paced execution," Aurora Chief Executive Terry Booth said. "This listing provides access to a broader investor audience who gain the opportunity to participate in our continued success." The company's top line grew 223% to C$19.1 million, up from C$5.9 million in the year-earlier quarter. Aurora logged earnings of C$79.9 million, up from losses of C$4.8 million in last year's quarter; in its financial statements Aurora said the quarter's profits were related to unrealized non-cash gains on derivatives and other marketable securities. Gross profit was C$20.6 million, up from C$5.8 million in the year-ago quarter. The company said it produced 2,212 kilograms of pot and sold 1,617 kilograms, up 90% and 114% respectively compared with the year-earlier period. Aurora stock is listed on the pink sheets in the U.S. and on the TSX. Toronto-listed shares have gained 28% this year, as the S&P 500 index rose 9.2%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



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Starbucks Plans Reshuffling That Will Trim Executive Ranks - New York Times (Google Business News)

Google Business NewsSep 24, 2018
Comcast's $39 billion bid for Sky throws uncertainty on the future of Hulu, Disneyflix, and Now TV - Business Insider

Business Insider


Comcast offered the winning bid for British broadcaster Sky over the weekend, besting the offer from Disney/Fox. Now, the industry looks to see what will become of Comcast's stake in Hulu. Hulu, a US streaming service with 20 million subscribers
Who Will Co


Wall Street Journal US BusinessSep 24, 2018
Salesforce Partners With Apple for Business Apps
Apple and Salesforce.com said they have formed a partnership intended on improving apps for businesses.

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Apple, Salesforce team up to bring Siri to more business apps (Reuters Business)

Reuters BusinessSep 24, 2018
Wall Street's S&P communication sector starts with slight gain
The new S&P 500 communication services sector , which includes such high-profile names as Facebook Inc , Alphabet Inc and Netflix Inc , made its debut on Monday with a small gain, after the largest-ever overhaul of Wall Street's broad business sectors.

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UPDATE 2-Wall Street's S&P communication sector starts with slight gain (Reuters Company News)

Reuters BusinessSep 24, 2018
Global stock markets fall on trade war pessimism; oil rallies
Stock markets around the world retreated on Monday amid concerns over the potential wider impact of a trade spat between China and the United States, while oil prices rallied to a four-year high after OPEC ignored U.S. calls to raise supply.

Google Business NewsSep 24, 2018
US-China trade worries keep equities on the defensive - Financial Times

Financial Times


Monday 13:30 BST. What you need to know. Oil prices climb as producers decide against output rise; Brent crude nears $81 a barrel, new high for the year; Italian bond yields rising; Futures tip US stocks for lower open; Euro zone sovereign bond yields
Yen gets brief blip as China cancels talks


Reuters BusinessSep 24, 2018
Amazon made two moves for Deliveroo, one nine months ago: Telegraph
Amazon.com Inc made two preliminary approaches for British online food delivery company Deliveroo, the latest one about nine months ago, the Telegraph reported on Monday.

Reuters BusinessSep 24, 2018
Boeing wins first leg of $2.4 billion helicopter deal from U.S. Air Force
The U.S. Air Force awarded Boeing Co a $376 million contract to build four helicopters in the first leg of a $2.38 billion deal to replace the fleet of 46-year-old UH-1N Huey helicopters.

Google Business NewsSep 24, 2018
SiriusXM to Buy Pandora for $3.5 Billion in Bid to Expand Reach - New York Times

New York Times


The satellite radio provider SiriusXM said on Monday that it would acquire the music streaming service Pandora Media for $3.5 billion, in a bid to corral listeners who don't want to pay for premium channels. Pandora rose to success with radio stations
Sirius XM to Buy Pandora in Bet on Streaming MusicWall Street Jo


Reuters BusinessSep 24, 2018
New GM-built 'Beast' presidential limo makes Trump debut
The latest version of the heavily armored U.S. presidential limousine known as "The Beast" is making its debut in New York City this week.

Forbes HeadlinesSep 24, 2018
Here's What Will Drive Activision Blizzard's Near Term Revenue Growth
Activision Blizzard (NASDAQ:ATVI) generates its revenues primarily from its Activision, Blizzard, and King Digital segments, along with its Other & Distribution business. Activision accounts for more than one-third of the company's total revenues and EBITDA. We forecast steady revenue growth in...
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Oilprices trade high GLOBAL OPEC
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