U.S. Morning Call: Mergers abound Monday; Apple's China woes
Sunday, July 28, 2013 - 03:56
July 29 - Publicis to merge with Omnicom to create biggest ad agency; Apple supplier Pegatron violates Chinese workers' rights.
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So mega mergers to run down in your Monday morning call the big up and a proposed. 35 billion dollar deal between global ad agencies publicists and on the -- A deal that could house accounts like Coca-Cola and Pepsi under the same group. The CEO that the two firms practically fawning over one another saying ticket concerns from major clients may -- marriage too close for comfort. Martin Sorrell of WPP currently the number one ad agency said quote it's next -- -- and surprisingly. And that consolidation of our industry is inevitable. US drugmaker. Agreed to by the Irish company. Actually even -- the buyer. A takeover battle on rejected. -- -- from US investment firm -- arm. -- is close to a deal but. According to the Wall Street Journal. And acquisitions -- with -- it's. Making. It executive Richard Baker a long time. It -- up in the premarket. Apple's trouble in shine and supplier package on which assembles ipads I. Is by workers rights Chinese factories according to New York based. Rights group. Who says its employees to work overtime -- working conditions. There. Apple saying claims the company and investigate. Immediately. Apple shares flat premarket. After roughly flat week post earnings. Switching to Amazon is looking to fill more than 5000 new full time jobs here in the US that's at 25% increase in full time staff. Amazon beefing up its work force and president Obama's visit to one of the elements actors in Tennessee. Roughly 2%. In the last week after it reported its US business quickly and Microsoft's annual report today CEO Steve bombers expected to discuss his plans to remodel the company. Might. His fund closed out a lot and a Microsoft. In a letter high points and windows and it is a flop and that decade and missed it as the risk -- becoming. Down slightly. The broader US market investors seeing at this point to lower open this morning. A lot of data out this week the first the US pending home sales at 10 AM eastern. Economists -- sales on 8% in the month when it rose six point 9%. Little changed the report but watched the tomorrow. Policy. Are you nursing -- -- do you -- -- Indicted. If you answered yes all of those questions and you are probably because lavish parties I. I mean could put the brakes -- Helen Collins at the state and New York. -- criminal charges against. Capitol file. And that it was roughly two out on to deliver -- -- in support buried cancer search although it was not fun. Get your Monday morning can't remember on Twitter app -- insider and every. -- It.
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