Viacom CEOs sue to remain trustees of Redstone trust
Dauman and Abrams sue to block removal as trustees of Sumner Redstone empire trust. They accuse Shari Redstone of illegally removing their names to take control of her father's affairs. Redstone is said to require 24 hour care and unable to decide.
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Viacom
Redstone
Philippe Dauman
George Abrams
Sumner Redstone
Shari Redstone
Dauman
Abrams
Nvidia Leads 10 S&P Stocks Rising 40 Percent+ in Tumbling Market
Nvidia has surged 113 percent in the past year as 10 S&P 500 members post 40 percent plus gains since the market stalled on May 21, 2015. The list defies a broad pullback with six sectors in the red and 116 index members in a bear, amid rate worries and earnings concerns.
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Standard & Poor
USA Today
S&p
S&P’s
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Federal Reserve
Nvidia
Stocks surge as Nvidia and Amazon lead gains amid broad tech rally
Stocks climb with Nvidia up 40 percent in Q1 and Amazon soaring 62 percent from market peak. Nvidia faces a $39.95 target from analysts while Amazon tops $332 billion valuation, outpacing Walmart 52 percent. Tech leads, Edwards Lifesciences and Tyson Foods post solid gains as investors eye earnings amid a flat market.
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Amazon
Walmart
Edwards Lifesciences
Tyson Foods
World Health Organization
Nvidia
Facebook
Silverblatt
NDA
Amazon.com
MZN
Edwards
Lifesciences
TSN
Activision Blizzard
ATVI
Teco Energy
Global Payments
Digital Realty Trust
DLR
Cablevision
S&p Global Market Intelligence
USA Today
Sports Authority to launch going out of business sales this week
Sports Authority plans final store closings across 463 outlets with going out of business sales starting Friday and running through August as merchandise is cleared. Ares Capital agreed to buy American Capital in a cash and stock deal valued at 3.4 billion dollars, creating combined investments over 13 billion dollars based on March 31 values.
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Sports Authority
Ares Capital
American Capital
Ares
Bayer bids 62 billion for Monsanto in cash deal
Bayer AG plans an all cash 62 billion bid to acquire Monsanto, the world’s largest seed provider, at 122 per share with a 37 percent premium. Market reaction was cautious as Bayer and Monsanto shares moved, regulators’ approval seen as a potential hurdle amid concurrent agribusiness mergers. Analysts warn three big deals in one market could raise scrutiny.
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Bayer AG
U.S
Monsanto
Wall Street
Bayer
St. Louis
Europe
Asia
Werner Baumann
USS
China National Chemical
Syngenta
Dow Chemical
DuPont
DonDuPont
Matt Arnold
Edward Jones
Terrence Oved
New York
Oved & Oved
Boeing VietJet seal $11.3 billion jet order
Boeing and VietJet finalize an 11.3 billion dollar deal for 100 single-aisle 737 MAX 200 jets, boosting VietJet to over 200 aircraft. Delivery runs 2019 to 2023 and supports Asia expansion and U S Vietnam trade ties.
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Boeing
VietJet
Vietnam
Obama
Asia
Boeing Commercial Airplanes
Ray Conner
Madam Nguyen Thi Phuong Thao
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