America

Tribune is still responding negatively to Gannett, which in late April had launched a bid on the company that publishes the newspapers "Los Angeles Times" and "Chicago Tribune". Tribune Publishing has indeed returned to the second improved offer, which provided for a price per share of $ 15 compared to 12.25 initially proposed.

According to Justin Dearborn, CEO of Tribune, the offer "is clearly inadequate" and not competitive with its recovery plan, which is now supported by a new investor: Always Tribune today said that the Nant Capital of billionaire Patrick Soon -Shiong has invested over 70 million dollars in the publishing group, the issuance of 4.7 million new shares at a price of $ 15 (the same supply of Gannett).

Nears the deadline to bid for internet assets of Yahoo, but the expectations of the technology giant of Silicon Valley may be disappointed According to rumors reported by the Wall Street Journal, potential investors, Verizon Communications in the lead, would not offer more than $ 2-3 billion, while the company believes that the fork is from 4000 to 8000 million. Analysts believe that the assets actually worth between 4 and 5 billion.

The Federal Reserve leaves a door to a possible rate hike in June, which would judge "appropriate" if the macroeconomic data were to confirm an acceleration of the US economy in the second quarter (the GDP in the 1st quarter marked an abrupt deceleration).

This is revealed by the minutes of the last meeting of the FOMC, the monetary policy committee of the Fed, on 26 and 27 April. On that occasion, the bankers had preferred to leave interest rates unchanged in a band between 0.20% and 0.50%, after the first increase work last December.

Emmi strengthens activities in the United States: the dairy group Lucerne detects the American Society Cowgirl Creamery Corporation, a company that produces cheese made from organic milk, along with its commercial subsidiary Tomales Bay Foods. The two companies based in California have a total of 96 employees and a turnover of about 20 million dollars a year, Emmi has indicated in a statement today. No financial details of the transaction shall be specified.

The acquisition of both companies is in line with the development strategy internationally. Emmi generates 44% of its sales abroad: one third by exports from Switzerland and two-thirds of the products manufactured locally by subsidiaries Emmi, the statement said. North America is the main international market group.

UBS announced a cooperation with the US SigFig, independent California company that offers technologies for asset management (so-called "robo-advisor", sort of virtual financial advisor).

The two companies will jointly develop technologies for the financial sector UBS Wealth Management Americas (WMA), its consultants and their customers, it said in a statement released yesterday by UBS in the US. As part of this alliance, the bank also made a capital investment in SigFig, without spreading details.

Pfizer buys Anacor Pharmaceuticals in a transaction valued $ 5.2 billion. The two companies have signed the agreement and it is stated in a joint statement that the transaction is in cash and that Pfizer will pay $ 99.25 for each Anacor action.

The price represents a premium of 55% over Friday Anacor title last Friday. The transaction, which is expected to close in the third quarter of 2016, should not impact on the guidance of this year, said Pfizer. Meanwhile springs forward the title Anacor: the Wall Street pre-market marks an increase of over 53 percent.

In April, the mega merger between Pfizer and Irish Allergan had jumped after the move by the US Treasury against tax inversion, the practice among corporate mergers aimed only to make the displacement of the legal office in countries with favorable tax treatment.

Apple invests $ 1 billion in Didi Chuxing, Uber’s rival in China. Apple will help Didi to develop its platform for sharing data, a useful tool for the Chinese company that makes more than 11 million trips per day and serves 300 million customers.

The Apple investment for Didi is very important. The Chinese company is engaged in a round of fundraising by $ 2 billion, with whom is valued $ 25 billion. The Chinese market is growing and Didi and UberChina they battle to win customers and investors. Although for many start up recently to collect funds has become very difficult with the economic slowdown, Didi is the exception. Its valuation has rocketed from February 2015, when it was worth $ 6 billion.

Replying to a question in a letter to Democratic Congressman Brad Sherman, Janet Yellen, president of the US central bank said the hypothesis of negative rates can not be ruled out entirely, but that should be carefully studied. "Although not completely rule out the use of negative interest rates in some future scenario extremely adverse, you should consider a wide range of issues before you use this tool in the United States, including potential unintended consequences," as reported in the letter.

Yellen, optimistic about recovery, explained that if economic conditions deteriorate, "the Fed will adjust its policy appropriately to support progress towards its goal of long-term maximum employment and stable prices."