MVL/DIS:
Marvel is a delisted company - but with the passing of Stan Lee, we thought we would give this special mention. It was acquired by Disney so we are including the Disney ticker. The amount of Universes and characters he helped create was incredible. He was also a Civil Rights mover: https://www.esquire.com/entertainment/movies/a25022397/stan-lee-marvel-racism-1968-essay/
GS:
Goldman Sachs fell on concerns of a bribery scandal. As reported by Investor's Business Daily: “U.S. prosecutors allege that Goldman bankers were involved in a bribery and kickback scheme led by a Malaysian financier to land Goldman $6 billion in deals to underwrite bonds for the fund, known as 1Malaysia Development Berhad. One of those bankers pleaded guilty in the case in August.” More details from the Times here as well: https://www.nytimes.com/2018/11/09/business/goldman-sachs-malaysia-1mdb.html
BHGE/GE:
GE is going to sell up to 20% of its stake in Baker Hughes for $4bn cash to help their financial position. GE currently owns 62.5% of Baker Hughes and many people expect that it will retain its 50% stake.
DEO/BF-A/BF-B/STZ:
Trump raised the possibility of putting tariffs on French wine. He's gotten in tussles with Macron...probably for suggesting Europe should build a military to protect itself from Russia and the US.
News article database courtesy of Tiingo.com
Submitted November 13, 2018 at 10:16AM by WittilyFun https://ift.tt/2PQesgb
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