S&P 500 futures up 0.7% to 2,851.00
Brent futures up 0.5% to $60.09/bbl
Gold spot down 0.2% to $1,460.85
US Dollar Index little changed at 97.52GLOBAL NEWS:Earnings season.
In the United States, Walt Disney
, Becton Dickinson
, Duke Energy
are among companies reporting earnings today. In Europe, Deutsche Post
, Intercontinental Hotels
.The right timing.
Jeff Bezos finally sold $2.8 billion in Amazon.com
shares between the end of July and last Friday. The group did not wish to comment. The manager had put in place a multi-year disposal plan, in particular to finance his space project, which is very resource-intensive. A rather opportune timing in view of the last stock market sessions, which saw the stock drop by nearly 8% in 5 days.UMG in China? Vivendi
has begun negotiations with Tencent
to sell 10% of its musical subsidiary UMG to the Chinese group. Both groups are also evaluating other collaborations in parallel.Marriage of reason. New Media
acquires Gannett, the publisher of USA Today, for $1.4 billion. The new group will bring together 263 daily media in 47 states of the United States, plus USA Today, Gannett's flagship. The objective is to create a large reinforced media group to adapt to the digitization of the sector.Texas whiskey in the pastis
. Pernod Ricard
acquired Firestone & Roberstson, owner of Texas whiskeys and TX super-premium bourbons. The amount of the transaction, which includes a state-of-the-art distillery, has not been disclosed. The group confirms its ambitions in high-end niche markets.In other news. Blackstone
could invest $560 million in its counterpart BC Partners. Marriott
will take a $126 million provision on the huge data leak that affected the group. Sports Direct
acquires clothing distributor Jack Wills for £12.8m. OC Oerlikon
reduces its forecasts. Georg Fischer
buys the American Global Supply. Daniel Kretinsky will not raise his offer on the German Metro. The famous high-end fashion brand Barney New York is bankrupt. JP Morgan Chase
raises its Chinese asset management joint venture to 51%, a first in the industry.