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Transcripts For CNBC Worldwide Exchange 20140506

And hollande calls the bid for alston unacceptable and focusing on Getting Better offers if the firm. A warm welcome to todays program. Plenty to get through in the Corporate News front. Well be focusing on the bank sectors. But before that, we have the final print of the eurozone pmis. And they have come in at 53. 1. They were forecast at 53. 1. But its the highest since june 2011. Com miss composite 54, german 53, forecast at 55. Italian april surface pmi, 51. 1, and that was forecast at 50. 2. French services pmi, 50. 4. So again the two economies most concerned about coming into the beginning of the year showing continue rebound. Eurodollar up to 139. 20. Up to the best levels of the session. In fact were up to nearly the highest in three weeks. Joining us with his you views and for the first part of the show today, tim hayward, head of fixed income. Another sign of increasing activity in the economies weve been most worried about. Spanish yields now below 3 for the first im time i

Transcripts For CNBC Squawk Box 20140506

Continues. Bayer will buy america consumer over the counter business for 14. 2 billion. Also the two companies are establishing a have a teemgic collaboration in cardiovascular diseases. And this will vowill involve me paying 2 billion to bayer. But again, the big headline here is the 14. 2 billion deal for mercks over the counter consumer business. Why is there so much deal making going on in pharmaceuticals . This has been incredible. Weve seen a swap from glaxo and novartis. This is a way for companies to hone in on what theyre good at. Were hearing a lot of pharmaceutical companies saying they need scale, they need to cut costs and they want to be number one or two in positions where theyre playing. So areas where theyre a little bit smaller, were seeing these asset swaps. And now of course this is all set against the backdrop of pfizer making its 106 billion bid for astrazeneca which is eclipsing Everything Else going on in the industry. But this is a big deal for merck and one it

Berlin Decision On Benin Restitution: Germany On The Way To Restitution Of Looted African Artefacts

Berlin Decision On Benin Restitution: Germany On The Way To Restitution Of Looted African Artefacts
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