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BREAKING: Xerox is considering a cash and stock takeover bid for HP Inc. at a premium to its current $27B market value; Xerox has already received an informal funding commitment from a “major bank” - Dow Jones
CNBC.com
Update: Xerox has made a cash & stock offer to buy HP Inc., sources tell CNBC. The company sees at least $2B in synergies and believes the combined company would remain investment grade. cnb.cx/2Cmwyh6
BREAKING: HP says it has "had conversations with Xerox Holdings from time to time about a potential business combination" and confirms it "received a proposal transmitted yesterday." cnb.cx/2Cmwyh6
Update: Xerox offers HP $22 a share in takeover bid, sources say cnbc.com/2019/11/07/xer…
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CNBC Now
@CNBCnow
Stocks edge higher as China says it has agreed with the U.S. on the context of a phase one trade deal and that the U.S. will cancel tariffs in phases cnb.cx/2taiV3m
BREAKING: Trump says ’25% tariffs will remain,′ but new China duties will not take effect Sunday cnbc.com/2019/12/13/tru…
Stocks turn lower after 'phase one' trade deal is announced by China with few details and Trump scraps December 15 tariffs cnb.cx/2slDrOa
Read 5 tweets
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CNBC Now
@CNBCnow
BREAKING: Boris Johnson’s Conservative Party set to win UK election with a clear majority, exit poll shows cnbc.com/2019/12/12/uk-…
BREAKING: Pound surges after exit poll predicts huge Conservative majority after U.K. election cnbc.com/2019/12/12/uk-…
British Pound surges more than 2.6% above 1.35 vs. the dollar after exit poll forecasts clear Conservative majority cnb.cx/34gCynt
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CNBC Now
@CNBCnow
Stocks turn higher after Trump again says U.S. is 'close' to a China trade deal
cnb.cx/2LPbpl7
BREAKING: U.S. negotiators offer to cut existing tariff rates by up to 50% on $360B of Chinese imports and also offer to cancel new China tariffs set to kick in on Dec. 15 - Dow Jones cnb.cx/2LPbpl7
BREAKING: Dow, S&P 500 and Nasdaq hit new all-time highs after Dow Jones reports that U.S. negotiators are offering to cancel new China tariffs set to kick in on Dec. 15 cnb.cx/2LPbpl7
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Unicorn Riot
@UR_Ninja
#Breaking: Massive Hack Strikes Offshore Cayman National Bank and Trust
unicornriot.ninja/2019/massive-h…
A blast of sunshine has hit a secretive banking network used by global ultra-wealthy figures following a massive hack by #Hacktivist “Phineas Fisher“ ...
Fisher hacked the Cayman National Bank and Trust, which serves nearly 1,500 accounts in Isle of Man. Transparency collective Distributed Denial of Secrets has began publishing copies of the bank’s servers, a cache of documents as well as communications among bankers and others.
Journalists around the world have been investigating this data for months and have begun publishing the first of their stories.

Following the hack, a manifesto was uploaded to the Internet addressing the motivation for hacking financial services companies.
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gathara
@gathara
#BREAKING: African envoys urge UK government to abide by court ruling; warn that the UK could be suspended from the Commonwealth should the government continue to subvert democracy. #Brexit
#BREAKING: Kenya government urges calm following #SupremeCourtJudgement, calls on UK politicians to avoid irresponsible utterances that may spark ethnic violence particularly in North Ireland, a historic flashpoint for secessionist violence. #Brexit
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Billy Corben
@BillyCorben
This makes the Marlins Park boondoggle look like amateur hour. Jeff Loria is a pickpocket compared to Jorge Mas — who‘s Goldfinger robbing Fort Knox. And it cements @FrancisSuarez, due to the size and value of public property involved, as the most corrupt mayor in Miami history.
It’s not a conspiracy, it’s very simple: just follow the money. Like most things in Miami, it’s a real estate scheme. A land grab of the city’s largest parcel with @MiamiMayor as a paid advocate for the developer. It’s no secret. This is how @FrancisSuarez makes a living.
The @MiamiMayor is paid as a lobbyist by the richest people in town to fight against the best interests of his constituents — in one of America’s poorest cities. And he claims his client list is confidential, so we can’t know all his conflicts of interest. miamiherald.com/news/local/com…
Read 21 tweets
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Trinh Nguyen
@Trinhnomics
Happy Monday🌞! Busy week in Asia & esp in the Eurozone as we got ECB likely to pave the path for life deeper below zero 🥶❄️🧟‍♂️

Since 2014, deposit rate went from -0.1% to -0.4%, but growth is MIA & negative yielding bonds expand to infinity & financials NIM squeezed. Yep😬.
As mentioned on Friday, we got our fav data today & sorry to say but: Korea🇰🇷 1st 20-day of exports, or shall I say lack of shipment, contracted further to -13.6%.

Yes, we are in H2 2019 & that recovery or V-shaped growth is not happening guys. So that BOK cut was a good call😉.
Let's look at this abysmal trade news for Asia (yes, Korea is very integrated in the regional supply chain & so its underwhelming performance is BAD NEWS FOR ASIA😱):
a) Exports -13.6% YoY & imports -10.3%🥶
b) Chips down -30.2% or 1/3rd of 2018's 🥶
c) Shipment to China -19%🥶
Read 7 tweets
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Angela Walch
@angela_walch
I also find this argument persuasive.

THREAD on #CBDC & #cash

Having a central bank digital currency alongside cash is effectively like the govt offering 2 different competing monies, b/c they have different characteristics, risk profiles, etc.
Cash is better for privacy, not subject to systemic digital failures, & accessible to all (even those who can't afford digital svcs).
CBDC may be cheaper for govt to offer, enables greater use of negative interest rates as a tool of monetary policy, makes money laundering/terrorist financing more difficult, reduces friction in txns, & enables financial inclusion.*

*Just stating args-don't necessarily agree.
Read 22 tweets
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AFP news agency
@AFP
#BREAKING National Assembly head declares himself Venezuela's "acting president"
#UPDATE Moments earlier, the Maduro-loyalist-dominated Supreme Court ordered a criminal investigation of the opposition-controlled National Assembly
#BREAKING Trump recognizes Venezuela opposition leader Guaido as "interim president"
Read 35 tweets

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