Reuters - Before the Bell

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Monday, December 4, 2017

Broadcom lists 11 nominees for Qualcomm board

(Reuters) - Chipmaker Broadcom Ltd took its first formal step toward a hostile bid to take over Qualcomm Inc on Monday, unveiling a list of 11 nominees to the board of the U.S. semiconductor firm.

Exclusive: EU set to approve easyJet purchase of parts of Air Berlin - sources

BRUSSELS/LONDON (Reuters) - British budget airline easyJet is set to win unconditional EU antitrust approval to buy parts of failed German peer Air Berlin , people familiar with the matter said on Monday.

CVS-Aetna deal to change how big employers buy health benefits

NEW YORK (Reuters) - CVS Health Corp's proposed purchase of Aetna Inc will change the way many major U.S. corporations buy health coverage for employees and raise new questions over the cost of those benefits, benefit consultants said.

Tax deal sends dollar higher, Wall Street set for strong day

LONDON (Reuters) - The dollar jumped on Monday versus the currencies of most other developed and emerging nations while Treasury yields rose and Wall Street was primed for a another record-setting day after the U.S. Senate voted to approve a wide-ranging tax overhaul.

Shares of big U.S. banks rise as Senate approves tax overhaul

(Reuters) - Shares of the biggest U.S. banks were higher after the Senate approved a tax overhaul bill on Saturday, which will provide significant tax cuts for businesses.

Stock futures jump after Senate approves tax bill

(Reuters) - U.S. stock futures pointed to a solid open for Wall Street on Monday after the U.S. Senate passed its version of a tax overhaul bill, bringing closer to reality President Donald Trump's promise of cutting corporate taxes to spur growth.

Confusion reigns as banks scramble to price FX, bond research under EU markets revamp

LONDON (Reuters) - How much are you worth? For the FX and bond analysts covering the world's biggest markets, how much to charge for their time and research remains in question just a month away from sweeping new rules that require fund managers to pay for these services.

CVS Health to acquire Aetna for $69 billion in year's largest acquisition

(Reuters) - U.S. drugstore chain operator CVS Health Corp said on Sunday it had agreed to acquire U.S. health insurer Aetna Inc for $69 billion, seeking to tackle soaring healthcare spending through lower-cost medical services in pharmacies.

Saudi Arabian exchange enlists Nasdaq to turbocharge technology

DUBAI (Reuters) - Saudi Arabia's Stock Exchange said on Monday it has hired U.S. group Nasdaq to replace its 16-year-old registry, depository and settlement infrastructure as it tackles challenges including the forthcoming listing of Saudi Aramco.

Dialog shares tumble on warning Apple could build its own chips

LONDON/FRANKFURT (Reuters) - Dialog Semiconductor said on Monday top customer Apple could build its own power-management chips into future iPhones rather than rely on the Anglo-German chipmaker, sending its shares plunging as much as 19 percent.