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Morgans AM: Tuesday 18 June 2019
Manage episode 236327600 series 1086780
Content provided by Morgans Financial Limited and Morgans Financial. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Morgans Financial Limited and Morgans Financial or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
US equity markets opened the week with modest gains - Dow up +23-points or +0.09% The broader S&P500 inched +0.09% higher, with Real Estate (up +1.12%) and Communication Services (+1.06%) the leading sector performers, while Materials (down -0.94%) and Financials (-0.93%) were the notable laggards. The NASDAQ +0.62%, with Facebook Inc and Netflix Inc climbing +4.2% and +3.2% respectively. US Commerce Secretary Wilbur Ross told CNBC that President Donald Trump is “perfectly happy” to impose tariffs on the remaining $300 billion of Chinese imports of the two superpowers fail to agree a deal. Ross also said that Trump is giving “very serious thought” to slapping tariffs on all auto imports, including those from the European Union. Separately, an influential Chinese Communist Party journal on Sunday (16 June) ran a commentary piece saying the US has underestimated China's will to fight a trade war and Beijing is prepared for a long economic battle. In merger and acquisition (M&A) news, auction house Sotheby’s soared +58.60% on news it will be acquired for US$3.7B by BidFair USA, a company owned by telecom businessman Patrick Drahi. Array BioPharma also surged +56.94% after the company was acquired by Pfizer for US$10.6B.
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Manage episode 236327600 series 1086780
Content provided by Morgans Financial Limited and Morgans Financial. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Morgans Financial Limited and Morgans Financial or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
US equity markets opened the week with modest gains - Dow up +23-points or +0.09% The broader S&P500 inched +0.09% higher, with Real Estate (up +1.12%) and Communication Services (+1.06%) the leading sector performers, while Materials (down -0.94%) and Financials (-0.93%) were the notable laggards. The NASDAQ +0.62%, with Facebook Inc and Netflix Inc climbing +4.2% and +3.2% respectively. US Commerce Secretary Wilbur Ross told CNBC that President Donald Trump is “perfectly happy” to impose tariffs on the remaining $300 billion of Chinese imports of the two superpowers fail to agree a deal. Ross also said that Trump is giving “very serious thought” to slapping tariffs on all auto imports, including those from the European Union. Separately, an influential Chinese Communist Party journal on Sunday (16 June) ran a commentary piece saying the US has underestimated China's will to fight a trade war and Beijing is prepared for a long economic battle. In merger and acquisition (M&A) news, auction house Sotheby’s soared +58.60% on news it will be acquired for US$3.7B by BidFair USA, a company owned by telecom businessman Patrick Drahi. Array BioPharma also surged +56.94% after the company was acquired by Pfizer for US$10.6B.
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Similar to Morgans Financial Limited
The Partnership Economy explores the power of partnerships through candid conversations and stories with industry leaders. Our hosts, David A. Yovanno, CEO and Todd Crawford, Co-founder, of impact.com, unpack the future of partnerships as a lever for scale and an opportunity to put the consumer first.
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continue reading
Custom Manufacturing Industry podcast is an entrepreneurship and motivational podcast on all platforms, hosted by Aaron Clippinger. Being CEO of multiple companies including the signage industry and the software industry, Aaron has over 20 years of consulting and business management. His software has grown internationally and with over a billion dollars annually going through the software. Using his Accounting degree, Aaron will be talking about his organizational ways to get things done. Hi ...
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Montgomery & Co. is a weekly podcast where WNBA champion and part-owner of the Atlanta Dream Renee Montgomery is joined by her mother Bertela Montgomery, her sister Nicole Young and her wife Sirena Grace as they chart a unique path through the business world as four black and brown women keeping their family first at all times. Both insightful and compelling, this one-of-a-kind talk show combines interviews with some of the world’s top innovators & entrepreneurs with sports and culture conve ...
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