Thursday, June 30, 2016

TheStreet: Lions Gate and Starz Is a Deal Made in Heaven Says Jim Cramer: TheStreet

Published on 30 Jun 2016
The Lions Gate deal to acquire Starz is a match made in heaven and could bring about more media deals, said TheStreet's Jim Cramer. Lions Gate Entertainment, the studio behind the Hunger Games franchise and hit Netflix series Orange is the New Black on Thursday announced it would buy premium cable channel operator Starz for $4.4 billion in cash and stock. Under the deal, which the companies expected would close by year's end, holders of Starz Series A common shares will receive $18 in cash plus 0.6784 nonvoting Lions Gate shares for each Starz share. Holders of Starz Series B common shares will receive $7.26 in cash plus 0.6321 nonvoting Lions Gate shares and 0.6321 voting Lions Gate shares.

#UK - Michael Heseltine launches scathing attack on Boris Johnson. "I have concluded that person cannot be me": Michael Gove: Boris Johnson wasn't up to the job: BBC News

Published on 30 Jun 2016
Conservative grandee and former leadership contender Lord Heseltine has launched a scathing attack on Boris Johnson, accusing him of creating the "greatest constitutional crisis in modern times". Mr Heseltine, a former deputy prime minister, told the BBC the former London mayor had "ripped the (Conservative) party apart." Lord Heseltine described Mr Johnson as "like a general, that led his army to the sound of guns, and at the sight of the battlefield abandoned the field."
Published on 30 Jun 2016
Boris Johnson, announcing he will not stand as Conservative leader says: "Having consulted colleagues and in view of the circumstances of Parliament I have concluded that person cannot be me."
Published on 30 Jun 2016
Michael Gove has said he chose to run for the Conservative Party leadership after deciding "reluctantly but firmly" that Boris Johnson was not capable of uniting the party or the country. "It had to fall to someone else... I felt it had to fall to me," the justice secretary told the BBC. Mr Gove - who was expected to back Boris Johnson's candidacy - said he made his decision on Wednesday evening. Following his surprise announcement, Mr Johnson withdrew from the race.

#USA - New technology gives hope to brain cancer patients: Fox News

Published on 30 Jun 2016
Dr. Marc Siegel tests medical tools on 'Fox & Friends'

#France - Hollande pledges tax cuts ahead of France's 2017 elections: FRANCE 24 English

Published on 30 Jun 2016
The French president has pledged to implement a tax cut of up to €2 billion in the next year to help middle-class households. François Hollande told the Les Echos newspaper that the country would still be able to meet its EU-mandated budget deficit target of 2.7 percent next year. Also, US President Obama says the UK vote to leave the EU raises “longer-term” concerns for global economic growth.

#Ukraine - Heavy Rains Cause Flood: Zakarpattya region of Ukraine suffers from massive disaster: UKRAINE TODAY

Published on 30 Jun 2016
Zakarpattya region in western Ukraine suffers from massive floods. Numerous heavy rains made the river banks overflow with water, with cars floating in the massive street currents.

George Soros Says 'Brexit' Will 'Unleash" Financial Crisis: TheStreet

Published on 30 Jun 2016
Legendary investor George Soros says 'Brexit' will unleash a crisis in financial markets similar to the global financial crisis of 2007 and 2008. he told the European Parliament in Brussels that Britain's decision to leave the European Union could lead to a disaster because the European banks never really recovered from the financial crisis. Despite that, U.S. stocks have made up 60% of their losses since the Brexit vote last week. Lionsgate

#UK - economy to go into recession then grow in 2017: IG UK

Published on 30 Jun 2016
30 June 2016: Charles Dumas, chief economist at Lombard Street Research, says the drop in GBP will have a positive effect on the UK economy. He is pencilling in Q2 and Q3 negative growth then, Charles says, the UK economy will start to 'bottom out'.

#UK - BORIS JOHNSON SPEECH not running for leadership | Michael Gove running Prime Minister UK Sky News