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Bloomberg

On Trump’s Victory: Drugmakers Jump After Price Concerns Are Relieved

Among the notable gainers in Wednesday’s early exchange are pharmaceutical stocks as Donald Trump’s victory alleviated the worries that a Clinton presidency would be in command on drug prices in the largest market for prescription drugs in the world.

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Barclays Plc

Barclays index business auction hits snag- sources

Barclays Plc's (BARC.L) auction of its index business, which includes the widely used Barclays U.S. Aggregate Bond Index, has hit a snag, after would-be buyers realized some crucial bond pricing data that does not belong to the British bank will not be part of the package, two people familiar with the situation said.

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Encana Corp

Canada's Encana looking to get CAD700 million from PrairieSky Royalty IPO

Encana Corp has been aiming to get CAD700 million from a planned IPO which was also seen to be the biggest sale of shares since 2010 in Canada's oil and gas industry.

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Yahoo Inc

Yahoo would still get a grip on Alibaba even after it goes public

Yahoo Inc. would still get a hold of Chinese e-commerce giant Alibaba Group Holding Ltd even after the Chinese e-commerce firm launches its public debut this year.

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Nuveen Investments

TIAA-CREF to acquire Nuveen Investments in a deal valued USD6.25 billion

TIAA-CREF has agreed to acquire Nuveen Investments in a deal valued USD6.25 billion, reported Bloomberg.

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The Twitter logo is seen at the company's headquarters in San Francisco

Twitter executives say no plans to sell holdings in the social media platform

Twitter executives said that they had no plans to sell their holdings in the social media platform, reported Bloomberg.

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Bauer Media

Lifesum receives investment from Bauer Media Group and SparkLabs Global Ventures

Startup Lifesum has taken in investment from Bauer Media Group and SparkLabs Global Ventures valued USD6.7 million, reported Bloomberg.

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Joseph Perella

Sources: NBK Capital appoints Perella Weinberg Partners for asset sale

NBK Capital appointed Perella Weinberg Partners as its adviser on a planned stake sale, reported Bloomberg.

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Growthpoint Properties Ltd.

Growthpoint Properties Ltd.engages in share-swap deal, acquires holdings in two real estate firms

Growthpoint Properties Ltd. has agreed to acquire stake in two real estate firms in South Africa following a share-swap deal, reported Bloomberg.

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LightSquared

LightSquared confronted by near bankruptcy, adds more loans valued USD74 million

LightSquared Inc. confirmed that it would borrow from its lenders USD74 million as additional funding, reported Bloomberg.

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Fuse TV

J-Lo’s NuvoTV inks deal with Fuse TV

According to sources who asked not to be named, J-Lo’s NuvoTV has inked a deal with Fuse TV, allowing the channel to reach more viewers, reported Bloomberg.

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Banco Mare

Spanish lender BMN to sell shares to pay back state-back rescue fund

Banco Mare Nostrum has intended to sell its shares before the deadline of the state funded bailout aid it received before the 2017 deadline.

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Sinopec

Sources: Sinopec to sell 30% of its stake in retail assets, hires Goldman Sachs

The biggest refiner in Asia, Sinopec would sell 30% of its shares in its retail assets said sources familiar with the matter but asked not to be named as the talks were held private, reported Bloomberg.

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VKontakte.com

Mail.ru boosts stake in Russian social network Vkontakte.ru

Internet company Mail.ru signed an agreement to buy the 12% stake of Ivan Tavrin in Russian social network VKontakte.com for an undisclosed amount to bring its total holding to 52%.

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3sun Group

UK energy firm 3sun bags $16.7M investment from Business Growth Fund

Norfolk, UK-based energy firm 3Sun Group bagged a $16.7 million (£10 million) investment from the Business Growth Fund (BGF) to fuel its European expansion and workforce addition.

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