Feb.04 -- Alan Joyce, chief executive officer at Qantas Airways, discusses his new long-haul routes, the price of jet fuel, shareholder dividends, his options on 787 aircraft orders, their partnership with Emirates and flights from Sydney to Singapore. He speaks on "Bloomberg Daybreak: Asia" from the Singapore Airshow Aviation Leadership Summit.
Broadcom Ltd plans to unveil a new approximately $120 billion offer for Qualcomm Inc on Monday, aiming to ratchet up pressure on its U.S. semiconductor peer to engage in negotiations, people familiar with the matter said on Sunday. The move comes ahead of a Qualcomm shareholder meeting scheduled for March 6, when Broadcom is seeking to replace Qualcomm's board of directors by nominating its own slate for election. Broadcom is scheduled to meet with its advisers later on Sunday to finalize an offer that values Qualcomm between $80 and $82 per share, two of the sources said.
Feb.04 -- Janet Yellen brought the curtain down on her time at the Fed with disappointment and a warning for the markets. She did say that U.S. stocks and commercial real estate prices are high, but stopped short of saying they're in a bubble. Bloomberg's Enda Curran reports on "Bloomberg Daybreak: Asia."
A steeper U.S. yield curve should see the dollar supported and set the stage for gains, says Greg Matwejev of Morris Capital.
The Super Bowl Indicator, a long-standing market superstition, suggests that stocks will perform worse if the Patriots win the big game than if the Eagles do. The S&P 500 has gained just 1.5% on average in years the Patriots emerge victorious, versus a 5.1% increase when they lose, according to LPL Financial data. As superstition tells it, when an AFC team wins the Super Bowl, it's bad news for the stock market that year.
The bears looked like they were winning at times last year, but the leader in U.S. wireless was never really at risk.
Stocks endured their worst week in two years as Treasury yields hit a four-year high and volatility returns to markets after an unusually placid year for markets in 2017.
