+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

10 things you need to know before the opening bell

Jan 30, 2018, 17:28 IST

A member of Afghan security personnel stands guard at the site of an attack at the Marshal Fahim academy in Kabul, Afghanistan.AP/Rahmat Gul

Here is what you need to know.

Advertisement

Trump administration releases list of 114 Russian politicians and business figures to increase pressure on Putin. The list includes 96 people deemed to be "oligarchs," each with an estimated net worth of $1 billion or more.

British pound slumps then reverses after Brexit concerns resurface. The British pound slumped as much as 0.67% against the dollar on Tuesday after a leaked UK government report suggested Britain will be worse-off economically under every Brexit scenario it has looked at so far. It has since reversed those losses and now trades up 0.34% at 1.4120 against the dollar.

Dell may sell itself in an unusual and massive deal that would let it go public again. Dell is exploring a reverse merger with VMware, which could become the largest tech deal ever, according to CNBC.

Blackstone is reportedly in talks to buy a stake in a key Thomson Reuters unit. Blackstone Group is reportedly in talks to buy a rougly 55% stake in the Financial and Risk business of Thomson Reuters for more than $17 billion, three sources familiar with the matter told Reuters.

Advertisement

Keurig Green Mountain is merging with Dr. Pepper. Keurig announced a deal to buy Dr. Pepper Snapple for $103.75 a share in a special cash dividend on Monday, sending Dr. Pepper shares up as much as 42%.

A popular bitcoin stock announced a 91-for-1 split. Grayscale Bitcoin Investment Trust spiked 5.88% on Monday after announcing a 91-for-1 split to make its shares more accessible to the masses.

Wynn Resorts has been hit hard after allegations of sexual misconduct by founder Steve Wynn. Shares of the casino giant have slumped 19% from Friday's highs after the Wall Street Journal reported multiple women have accused the billionaire casino mogul of pressuring them into sex and creating a sexualized workplace.

Stock markets around the world are lower. Japan's Nikkei (-1.43%) led the losses in Asia and Britain's FTSE (-0.51%) trails in Europe. The S&P 500 is set to open down 0.42% near 2,842.

Earnings reports keep coming. Aetna, Harley-Davidson and McDonald's are among the names reporting ahead of the opening bell while AMD releases its quarterly results after markets close.

Advertisement

US economic data is moderate. S&P Case-Shiller home prices and consumer confidence will be released at 9 a.m. ET and 10 a.m. ET, respectively.

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article