Financials
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REFILE-KKR agrees to buy stake in AppLovin at $2 bln valuation
July 16 Private equity firm KKR & Co said on Monday it will acquire a minority stake in AppLovin Corp for $400 million, just months after the U.S. mobile marketing firm was forced by Washington to scrap a deal to be acquired by a Chinese buyout firm.
UPDATE 4-FCC raises concerns about Sinclair-Tribune deal; shares skid
WASHINGTON, July 16 Federal Communications Commission Chairman Ajit Pai said on Monday he had "serious concerns" about Sinclair Broadcast Group Inc’s proposed $3.9 billion acquisition of Tribune Media Co, a surprise move which could potentially scuttle the deal and sent shares of both companies tumbling.
UPDATE 1-National Australia Bank names Geoff Lloyd as CEO of retirement fund manager MLC
July 17 National Australia Bank Ltd said on Tuesday that Geoff Lloyd would be chief executive of MLC, its retirement fund manager, even as it looks to exit the business.
REFILE-National Australia Bank names Geoff Lloyd as CEO of retirement fund manager MLC
July 17 National Australia Bank Ltd said on Tuesday that Geoff Lloyd would be chief executive of MLC, its retirement fund manager, even as it looks to exit the business.
UPDATE 2-Italy's Mediaset, F2i launch bid for EI Towers
MILAN, July 16 Italy's biggest commercial broadcaster, Mediaset, launched a 57 euro per share joint takeover bid with infrastructure fund F2i for the 60 percent of its EI Towers masts unit that it does not already own, the companies said on Monday.
| BSE OIL & GAS | --% |
| BSE BANKEX | --% |
| BSE METALS | --% |
| BSE REALTY | --% |
| BSE AUTO | --% |
| BSE POWER | --% |
| BSE-CG | --% |
Markets
- Sectors
- Asia
- U.S.
- Europe
Sector Summary
| Energy |
-0.03%
|
| Basic Materials |
+0.22%
|
| Industrials |
+0.02%
|
| Cyclical Goods & Services |
+0.18%
|
| Non-Cyclical Goods & Services |
+0.16%
|
| Financials |
+0.10%
|
| Healthcare |
+0.07%
|
| Technology |
+0.04%
|
| Telecoms |
+0.13%
|
| Utilities |
+0.09%
|
| DOW | 25,064.36 |
+
44.95 |
+0.18% |
| S&P 500 | 2,798.43 |
-2.88 |
-0.10% |
| NASDAQ | 7,805.72 |
-20.26 |
-0.26% |
| TR US Index | 249.75 |
-0.39 |
-0.16% |
Asia stocks sag after oil tumbles, dollar on defensive before Fed speech
TOKYO Asian stocks sagged on Tuesday, weighed by a sharp decline in crude oil prices as Libyan ports reopened, while the dollar was on the defensive ahead of Federal Reserve Chairman Jerome Powell's first congressional testimony.
