MARKET CURRENTS
real-time news and commentary for investors
MARKET CURRENTS
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Today - Friday, May 25
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12:49 AM Yuanta Financial says it has pulled out of talks to buy Taiwanese Ta Chong Bank, dealing a blow to Carlyle's (CG) plans to exit the underperforming investment in a sale that could have been worth ~$1.25B. (previously) [Financials, M&A] Comment!
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12:43 AM Express Scripts Holding (ESRX) is less than two months into digesting its massive Medco purchase but is already seeing some early benefits. From the large (lower-priced deals from manufacturers) to the small (adopting Medco's postage-rate strategy), chief medical officer Steven Miller says "there's much more of their stuff coming over than in a typical integration." [Healthcare] Comment!
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12:00 AM Friday's economic calendar:
5:30 Fed's Plosser: Monetary Policy
9:55 Reuters/UofM Consumer Sentiment Comment!
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