By 
U.S. MARKETS:
* S&P 500 futures down 0.2% to 2,813.25
* Brent futures up 0.1% to $81.50/bbl
* Gold spot up 0.2% to $1,227.30
* U.S. Dollar Index up 0.2% to 95.231
GLOBAL NEWS:
Netflix soars thanks to strong subscriber growth. The world’s largest paid online TV network is growing faster than Wall Street predicted, soothing doubts about its global prospects. Netflix also issued an upbeat outlook for the current three months. The shares soared 11 percent in premarket U.S. trading.
Danone posts weakest third-quarter sales in decade on China.
Turkey ends Eurobond dry spell with sought after $2 billion.
Diabetes war. Minnesota attacks Sanofi, Novo Nordisk and Eli Lilly on insulin prices. The American states criticizes the three laboratories for unjustified price increases, which were up threefold since 2002.
Polyamides on their way out. Solvay now expects to sell its polyamide business to BASF at the beginning of 2019 and not at the end of 2018, after the German government agreed to sell assets to avoid the antitrust cut-off.
One more step. South African antitrust validates the Thales-Gemalto project. Seven of the 14 required permits are still missing, including the United States and the EU.
19 years of service. Ubisoft is changing its CFO: Frederick Duguet replaces Alain Martinez, who is retiring after 19 years with the company. The "new" newcomer is not one, since he joined Ubi in 2009.
Tikehau and DWS are collaborating. The two companies are strengthening their commercial and capital ties, in particular through cross-investment in their respective products, analysis of co-investment opportunities and the design and distribution of joint products.
IPO successful. Neoen's initial public offering raised €628 million despite a transaction based on a range of expectations, EUR16.50 per share (the range ranged from EUR16 to 19).
A new Scandinavian bank attacked. Nordea claims to have transmitted to the authorities all the information at her disposal on money laundering practices, which the Hermitage Fund accuses her of. Sweden is currently examining the facts to decide what action to take.
Musk vs. SEC, it's settled. The US courts have approved the protocol signed between the SEC and Elon Musk, which resulted in the executive's ban on chairing Tesla's board and order the company to pay $40 million, after several mistakes in financial communication.
Subprimes. Nomura agrees to pay $480 million to the US authorities for misinforming investors about the risks of structured products in 2008.
Uber finally on the stock market? The time for the regularly postponed IPO of Uber may be fast approaching, according to well-informed sources quoted by Bloomberg, with a valuation that could reach 120 billion dollars.
* S&P 500 futures down 0.2% to 2,813.25
* Brent futures up 0.1% to $81.50/bbl
* Gold spot up 0.2% to $1,227.30
* U.S. Dollar Index up 0.2% to 95.231
GLOBAL NEWS:
Netflix soars thanks to strong subscriber growth. The world’s largest paid online TV network is growing faster than Wall Street predicted, soothing doubts about its global prospects. Netflix also issued an upbeat outlook for the current three months. The shares soared 11 percent in premarket U.S. trading.
Danone posts weakest third-quarter sales in decade on China.
Turkey ends Eurobond dry spell with sought after $2 billion.
Diabetes war. Minnesota attacks Sanofi, Novo Nordisk and Eli Lilly on insulin prices. The American states criticizes the three laboratories for unjustified price increases, which were up threefold since 2002.
Polyamides on their way out. Solvay now expects to sell its polyamide business to BASF at the beginning of 2019 and not at the end of 2018, after the German government agreed to sell assets to avoid the antitrust cut-off.
One more step. South African antitrust validates the Thales-Gemalto project. Seven of the 14 required permits are still missing, including the United States and the EU.
19 years of service. Ubisoft is changing its CFO: Frederick Duguet replaces Alain Martinez, who is retiring after 19 years with the company. The "new" newcomer is not one, since he joined Ubi in 2009.
Tikehau and DWS are collaborating. The two companies are strengthening their commercial and capital ties, in particular through cross-investment in their respective products, analysis of co-investment opportunities and the design and distribution of joint products.
IPO successful. Neoen's initial public offering raised €628 million despite a transaction based on a range of expectations, EUR16.50 per share (the range ranged from EUR16 to 19).
A new Scandinavian bank attacked. Nordea claims to have transmitted to the authorities all the information at her disposal on money laundering practices, which the Hermitage Fund accuses her of. Sweden is currently examining the facts to decide what action to take.
Musk vs. SEC, it's settled. The US courts have approved the protocol signed between the SEC and Elon Musk, which resulted in the executive's ban on chairing Tesla's board and order the company to pay $40 million, after several mistakes in financial communication.
Subprimes. Nomura agrees to pay $480 million to the US authorities for misinforming investors about the risks of structured products in 2008.
Uber finally on the stock market? The time for the regularly postponed IPO of Uber may be fast approaching, according to well-informed sources quoted by Bloomberg, with a valuation that could reach 120 billion dollars.
