The dollar/yen is sideways at 102.47 so the NIKK trades
flat. Ukraine fears are subsiding with Asia shrugging off geopolitics. India is
on fire with the Nifty Index up +1.1%. Swiss pharma company Roche plans to buy
the remaining shares of Japanese pharma Chugai but the company says it is not
interested in becoming a wholly owned subsidiary of Roche. Chugai Pharma
catapults +21% higher with Roche trading up +1%. Japan M&A activity is
increasing. Japan retailers trade lower.
Thailand’s GDP is +0.9% avoiding
[Text is Redacted: Purchase August 2014-08 to Read the Complete Chronology]
rikes, is a big success and avoided a human catastrophe if the dam was destroyed. The president congratulates himself on his efforts in Iraq and says “a major step forward” is occurring.
[Text is Redacted: Purchase August 2014-08 to Read the Complete Chronology]
rikes, is a big success and avoided a human catastrophe if the dam was destroyed. The president congratulates himself on his efforts in Iraq and says “a major step forward” is occurring.
After the closing bell, URBN earnings beat expectations but the stock trades lower in AH trading. ARO bounces +10% after CEO Thomas Johnson steps down. Activist investor Blue Harbor owns an approximate 7% stake in RAX and the news sends shares higher. Online cosmetic company JMEI drops -3.5% despite posting strong earnings.
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