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Morgans AM: Tuesday 25 June 2019

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Manage episode 236799659 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.
Benchmark US equity indices were mixedas geopolitical tensions remained firmly in focus - Dow inched +8-points higher The broader S&P500 slipped -0.17% and the technology-centric NASDAQ -0.32%. In merger and acquisition (M&A) news, Caesars Entertainment surged +14.5% after the casino operator agreed to be bought out by Eldorado Resorts Inc (fell -10.64%) for more than US$17B, including debt. However, Bristol-Myers Squibb fell -7.42% after the company announced its US$74B merger with Celgene Corp (down -5.5%) would be delayed until the end of 2019 or early next year. President Trump signed an executive order imposing new US sanctions on Iran on Monday (24 June), with Washington blaming Tehran for the downing of an unmanned American drone last week and said the measures would target Iranian Supreme Leader Ayatollah Ali Khamenei.
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3182 episodes

Artwork
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Manage episode 236799659 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.
Benchmark US equity indices were mixedas geopolitical tensions remained firmly in focus - Dow inched +8-points higher The broader S&P500 slipped -0.17% and the technology-centric NASDAQ -0.32%. In merger and acquisition (M&A) news, Caesars Entertainment surged +14.5% after the casino operator agreed to be bought out by Eldorado Resorts Inc (fell -10.64%) for more than US$17B, including debt. However, Bristol-Myers Squibb fell -7.42% after the company announced its US$74B merger with Celgene Corp (down -5.5%) would be delayed until the end of 2019 or early next year. President Trump signed an executive order imposing new US sanctions on Iran on Monday (24 June), with Washington blaming Tehran for the downing of an unmanned American drone last week and said the measures would target Iranian Supreme Leader Ayatollah Ali Khamenei.
  continue reading

3182 episodes

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