Global Stocks Climb Higher but French Telecom Dealmaking Excitement Abates

Now watching

Next video starts in : 7 Play

Global Stocks Climb Higher but French Telecom Dealmaking Excitement Abates

Global Stocks Climb Higher but French Telecom Dealmaking Excitement Abates
Replay video
Up next

Stocks Post May Gain; Humana Considers Sale

Unlock your personal NFL Now stream by signing in to NFL.com

Global Stocks Climb Higher but French Telecom Dealmaking Excitement Abates

by TheStreet 2:28 mins

Global Stocks Climb Higher but French Telecom Dealmaking Excitement Abates

by TheStreet 2:28 mins

European and Asian stocks build on Tuesday’s gains though investors in Paris mark Orange down after France’s leading telecoms operator says it’s studied how it can participate in the country’s telecoms consolidation but ruled out making a move for now. The announcement means it won’t be bidding for the telecoms unit of Bouygues, the No. 3 player, whose shares also fell. Meanwhile, Destination Maternity wants to snuggle up with Mothercare but the Philadelphia retailer just can’t get the attention it craves from its British peer, who says its $456 million offer is too low and too risky.

TheStreet

Personal Finance

Market Movers

  1. 12:25

    GDP turns negative in Q1; Game Stop's high score; Amazon's food line

  2. 2:09

    JPMorgan to cut more than 5,000 jobs: WSJ

  3. 2:03

    GDP shows economy shrank in the first quarter

  4. 3:42

    Amazon may be planning to roll out its own private-label brand: WSJ

  5. 11:06

    Investors eye China/jobs; Semiconductor megamerger; Visa's FIFA threat

  6. 2:12

    Abercrombie & Fitch jumps; Costco falls; Broadcom & Avago merge