Reuters Before the Bell: Stock futures up, eyes on Disney-Fox deal, bank stocks

Click to View in Browser Thursday, December 14, 2017 Stock futures up, eyes on Disney-Fox deal, bank stocks (Reuters) - Wall Street was set for a slightly higher open on Thursday as traders focused on a $52.4 billion stock deal between Walt Disney and Twenty-First Century Fox and gains in shares of big banks. Teva Pharm to lay off a quarter of workforce, suspends dividend TEL AVIV (Reuters) - Teva Pharmaceutical Industries will cut its workforce by more than a quarter, give up many of its manufacturing plants and suspend its dividend on ordinary shares in a much-anticipated overhaul to help pay back its massive debt. Exclusive: EU regulators to clear Luxottica, Essilor deal without conditions - sources BRUSSELS (Reuters) - Italy's Luxottica and French glasses group Essilor are set to win unconditional EU antitrust approval for their 48-billion-euro ($56.8 billion), two people familiar with the matter said on Thursday. Disney to buy Fox film, TV businesses for $52 billion (Reuters) - Walt Disney Co on Thursday agreed to buy film, TV and international assets from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion as Disney seeks greater scale to tackle growing competition from Netflix and Amazon.com. Netanyahu asks Teva Pharm to minimize job loss in Israel JERUSALEM (Reuters) - Israeli Prime Minister Benjamin Netanyahu said on Thursday he spoke with the chief executive of Teva Pharmaceutical Industries and asked that the company keeps layoffs in Israel to a minimum. Rising U.S. output pulls oil prices back from session highs LONDON (Reuters) - Oil prices eased back from session highs on Thursday after the International Energy Agency increased its forecast for U.S. oil output growth in 2018, raising the prospect of excess supply. Siemens CEO sees group as 'fleet of ships': Manager Magazin MUNICH (Reuters) - Siemens' chief executive sees the German group as a "fleet of ships", each thriving under its own steam, but rejects the idea of separate listings for its core factory-automation and energy businesses, he told Manager Magazin. Norwegian Air ramps up transatlantic fare war with four new routes NEW YORK (Reuters) - Norwegian Air Shuttle ASA will start flying four new routes between the United States and Europe, the budget carrier said on Thursday, rapidly expanding its low-cost transatlantic flights and increasing pressure on established carriers. Republicans forge tax deal, final votes seen next week WASHINGTON (Reuters) - Congressional Republicans reached a deal on final tax legislation on Wednesday, clearing the way for final votes next week on a package that would slash the U.S. corporate tax rate to 21 percent and cut taxes for wealthy Americans. Investors call on Sanderson, Denny's, McDonald's to cut antibiotics (Reuters) - An investor coalition that presses for corporate responsibility is calling on U.S. food companies McDonald's Corp, Denny's Corp and Sanderson Farms Inc to stop buying or producing meat raised with medically important antibiotics. Related Video Disney's Fox deal a seismic shift in media landscape U.S. set to vote on net neutrality Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2017 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook