Reuters - Before the Bell

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Monday, January 29, 2018

Dr Pepper Snapple and Keurig Green Mountain to merge

(Reuters) - Soda maker Dr Pepper Snapple Group Inc and K-cup maker Keurig Green Mountain Inc have agreed to merge, creating a company with $11 billion in annual revenue, the companies said on Monday.

Japan raps Coincheck, orders broader checks after $530 million cryptocurrency theft

TOKYO (Reuters) - Japan's financial regulator said on Monday it would inspect all cryptocurrency exchanges and ordered Coincheck to get its act together after hackers stole $530 million worth of digital money from its exchange in one of the biggest cyber heists on record.

New easyJet boss takes salary cut to tackle gender pay gap

LONDON (Reuters) - The new chief executive of easyJet will take a pay cut to match the salary of his predecessor Carolyn McCall, the British airline said on Monday, in a bid to battle against the gender pay gap.

U.S. authorities due to make arrests in futures 'spoofing' probe: sources

WASHINGTON (Reuters) - U.S. authorities were set to arrest several people on Monday in connection with a federal investigation into so-called spoofing and manipulation in the U.S. futures market by three European banks, three people with direct knowledge of the matter told Reuters.

Futures lower as investors brace for busy week

(Reuters) - U.S. stock index futures were slightly lower on Monday, pulling back from record levels seen last week, and as investors brace for a busy week ahead.

Lockheed Martin takes $2 billion charge, adjusted profit beats

(Reuters) - Lockheed Martin Corp reported a net loss in the fourth quarter on Monday as the U.S. defense contractor took a $1.9 billion charge mainly due to the change in U.S. tax law, but beat expectations for sales and adjusted profit.

Hung out to dry twice, Tennessee city stumped by Trump's washer tariffs

CLARKSVILLE, Tenn. (Reuters) - When President Donald Trump's imposed steep tariffs on imported washing machines last week it was a "Not Again" moment for officials in this north Tennessee city that has lost jobs to an international trade dispute before.

Shares in Prince Alwaleed's firm soar, but banks remain cautious

DUBAI (Reuters) - Prince Alwaleed bin Talal's freedom has sent shares of his flagship company soaring, but banks will remain cautious about dealing with his company until they have more clarity about the circumstances of his release from a corruption probe.

VW supervisory board demands inquiry into diesel fume tests

FRANKFURT (Reuters) - Volkswagen's supervisory board called on Monday for an immediate inquiry into who ordered scientific tests in which monkeys were exposed to toxic diesel fumes, while the German government said such studies were unjustifiable.

Sanofi beats Novo to buy Ablynx for $4.8 billion in biotech M&A boom

PARIS/LONDON (Reuters) - French drugmaker Sanofi has agreed to buy Belgian biotech company Ablynx for 3.9 billion euros ($4.8 billion), beating Novo Nordisk and marking its second big deal this month after buying Bioverativ.