Why GE’s Big Oil Move Makes Sense

If you are having trouble viewing this email, [click here.] GENERAL ELECTRIC MERGING OIL AND GAS OPERATIONS WITH BAKER HUGHES; CREATING $32 BILLION OIL GIANT Just a few months removed from Baker Hughes attempt to merge with Halliburton, Baker Hughes is making another deal to be acquired - this time with General Electric. How is this deal different than the Halliburton deal? And why are the companies making an oil play now? [Read The Capitalist’s Take Here] [Read More at CNBC] [Read More at Bloomberg]  FORMER VALEANT EXECS TARGET OF DOJ CRIMINAL ACCOUNTING FRAUD PROBE  U.S. prosecutors are focusing on Valeant Pharmaceuticals International Inc.’s former CEO and CFO as they build a fraud case against the company that could yield charges within weeks, according to people familiar with the matter.. [Read More at Bloomberg Here] [Read More at Fortune Here] [Read More at Financial Post Here] CENTURY LINK TO BUY LEVEL 3 COMMUNICATIONS FOR $25 BILLION  CenturyLink Inc. on Monday said it reached a cash-and-stock deal to buy Level 3 Communications Inc. for roughly $25 billion, a marriage that would give the communications companies more heft to weather a competitive landscape... [Read More From Wall Street Journal Here] [Read More From Bloomberg Here] [Read More From Financial Times Here] Closing Bell -Monday, October 31st Election Uncertainty Drags Stocks Lower  Big Insider Trades - ServiceNow, Inc. (NOW) Director William Strauss Sells $3m - Old Republic International, Corp. (ORI) CEO Aldo Zucaro Buys $1.25m Winners & Losers -Brocade Communications Systems, Inc. (BRCD) Jumps UP (21.98%) After Announcing Intent to Sell Itself - Zimmer Biomet Holdings, Inc. (ZBH) Drops DOWN (13.99%) After Cutting Sales Forecast  Most Talked About Level 3 Communications, Inc. (LVLT) Feeling the Love as the Company Prepares to be Bought by CenturyLink  The TIP Sheets - Monday, October 31st - Valeant Pharmaceuticals International, Inc. (VRX) Drops DOWN(12.33%) After Department of Justice Begins Accounting Fraud Probe. Expect Shares to Plummet DOWN  Unusual Volume  - Team Health Holdings, Inc. (TMH) Soars UP (16.44%) on 22m Shares Traded After Announcing Its Acquisition by Blackstone for $6.1 Billion. Look For Shares to Continue UP  Disclaimer: All quotes are in local exchange time. Real time last sale data provided by The Dow Jones. The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by S&P Dow Jones Indices LLC and/or its authorized affiliate, and have been licensed for use to The Capitalist. All content of The Dow Jones branded indices © 2016 S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC. Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC. The Capitalist is not an affiliate company of S&P Dow Jones Indices LLC, Standard & Poor’s Financial Services LLC, Dow Jones Trademark Holdings LLC, or their respective affiliates.   [Facebook] [Twitter] [Website]    --------------------------------------------------------------- This copyrighted material may not be republished without express permission. The information presented here is for general educational purposes only. MATERIAL CONNECTION DISCLOSURE: You should assume that the sender of this email has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this message and may receive commissions from purchases you make aon subsequent web sites. You should not rely solely on information contained in this email to evaluate the product or service being endorsed. Always exercise due diligence before purchasing any product or service. This email contains Advertisements.  This email was sent to {EMAIL} by support@thecapitalist.com 4330 Gaines Ranch Loop Ste. 120 Austin, TX 78735  [Edit Profile] | [Manage Subscriptions] | [Report Spam] [Campania]