S&P 500 futures down 1.3% to 2,851.00
Brent futures up 1.4% to $71.57/bbl
Gold spot down 0.2% to $1,283.32
US Dollar Index little changed at 97.31GLOBAL NEWS:Colfax gets lighter.
Welding and valves manufacturer Colfax Corp
is reportedly close to selling its air and gas handling division to private equity firm KPS
for more than $1.8 billion, Reuters reports.
Is the war over?
The Italian and French factions of EssilorLuxottica
reached a compromise on Sunday, ending the ongoing proceedings and separating operational power between Francesco Milleri and Laurent Vacherot, to dispassionate the debate between their presidents Leonardo Del Vecchio and Hubert Sagnières. The group formalized the agreement through a press release.The war is over 2? Renault
has reportedly proposed a merger to Nissan
, according to Japanese television TBS. In accordance with recent rumors, it proposed to create an umbrella structure in a country that will not be France or Japan, with an equal number of administrators for both manufacturers. The protagonists did not wish to comment at this time.Green light for Euronext.
The pan-European stock exchange operator has received the approval of the Norwegian Ministry of Finance to take control of Oslo Bors. Euronext, which has secured 53.4% of the capital, will complete the transaction by the end of June, despite the Nasdaq's counter-proposal.Lyft-like. Uber
's first stock market steps were very negative on Friday. In a rather complicated session, marked by a sharp increase in tension between China and the United States over trade, the stock, introduced at USD 45, ended the first session of its stock market life on a 7.6% drop to USD 41.57. The competitor Lyft
, introduced a few weeks earlier, is currently going through a fairly similar process.Daimler superstar.
The Chinese BAIC
is reportedly building a position of around 5% in Daimler
, according to Reuters, in order to "secure its investment in Beijing Benz Automotive". The German's local partner reportedly warned Daimler of his intentions. The shares began to be purchased on the market. 5% of the capital represents an investment of around 3 billion. Daimler's largest shareholder is already Chinese: Li Shifu and his Geely group, BAIC's competitor, hold 9.7% of the round table.Drug cartel. Teva
is accused by 44 US states of having organized a cartel on generic drug prices, which is contested by the group, which is not alone in the proceedings since 19 other laboratories are involved, including Sandoz
(Novartis). The Israeli company is accused of being at the origin of the alleged entente, which allegedly caused prices to rise by 86 treatments between July 2013 and January 2015 in the United States.In other news. Bayer
hired a law firm to shed light on Monsanto's creation of a database of personalities in France based on their positions on pesticides. Colfax will sell its air & gas division to the KPS fund for $1.8 billion, according to Reuters. Metro Bank
is considering selling more than £1 billion in loans, according to the Financial Times. The Cloud Peak mining group is filing for bankruptcy protection in the United States.