Worse than expected economic numbers were shrugged off last night in the US as M&A activity took front and centre
Worse than expected economic numbers were shrugged off last night in the US as M&A activity took front and centre. There was a drug deal and rumours that Apple would buy Tesla...not sure what those guys were smoking..anyway expect a little drift today as company specifics will take centre stage again.Carl iCan did pretty well..this guy is good...$1.7bn profit from the drug deal..who needs the Columbians! And this is legal! Yesterday we got a raft ,actually more like a life boat full, of company results but the Big Daddy of them all ,BHP, showed what a quality operation can do. Also I guess shows how bloated with costs and complacent about the never ending story of the mining boom some of these behemoths had become..results season has been about costs out across the board..and it seems to be working..read more at (VIEW LINK)