Tuesday, May 8, 2018

UPDATE 2-Adecco Group's shares fall as profits miss expectations

* Shares fall more than 6 pct (Adds CEO quotes, details and market reaction)

EMERGING MARKETS-Emerging stocks sail higher on tech gains, China trade

* Currencies weaken, Turkey's lira eases for seventh straight day

UPDATE 1-Cohu to buy Xcerra for $796 mln after blocked Chinese deal

May 8 (Reuters) - Cohu Inc will buy rival Xcerra Corp for about $796 million, the semiconductor testing company said on Tuesday, two months after a U.S. security panel blocked Xcerra's sale to a Chinese state-backed fund.

New VW CEO testified in U.S. on emissions scandal - report

BERLIN, May 8 (Reuters) - Volkswagen Chief Executive Herbert Diess travelled to the United States this month to testify to authorities there about the carmaker's emissions scandal, German newspaper Bild reported on Tuesday.

BRIEF-Atkore International Group Announces Retirement Of CEO John Williamson

* ATKORE INTERNATIONAL GROUP INC. ANNOUNCES RETIREMENT OF CEO JOHN WILLIAMSON; WILLIAM WALTZ NAMED CHIEF OPERATING OFFICER AND SUCCESSOR TO WILLIAMSON

UK biotech firm Autolus joins CAR-T rush with Nasdaq IPO filing

LONDON, May 8 (Reuters) - Autolus Therapeutics, a small British company developing cell therapy treatments, is to join the swelling ranks of listed biotech companies using the new anti-cancer technology with a planned IPO on Nasdaq.

Him, Too

Eric Schneiderman, the New York attorney general, resigned after being accused of assault.

Premarket: 6 things to know before the bell

Here's what you need to know about the markets before you start your business day.

Iran decision; Disney earnings; Big pharma deal

1. Iran decision: President Donald Trump will announce his decision on whether to scrap the Iran nuclear deal at 2:00 p.m. ET.

Opponents of Iran Deal Hired Investigators to Dig Up Dirt on Obama Aide

Benjamin J. Rhodes, a top national security aide to President Barack Obama, in 2016.

Pencil maker Dixon Ticonderoga to buy U.S.-based Pacon for $340 million

May 8 (Reuters) - Pencil maker Dixon Ticonderoga, which is owned by Italian special purpose acquisition company Fila , agreed to buy U.S.-based school art and craft products supplier Pacon Group for $340 million.

EU antitrust regulators to rule on Comcast, sky deal by June 15

BRUSSELS, May 8 (Reuters) - EU antitrust regulators will rule on U.S. cable operator Comcast's 22-billion-pound ($30 billion) bid for British pay-TV company Sky by June 15, the European Commission said on Tuesday.

UPDATE 2-Beauty products gloss over Zalando earnings squeeze

BERLIN, May 8 (Reuters) - Europe's biggest online fashion retailer Zalando said the launch of beauty products in Germany had made a promising start and its active customer numbers jumped in the first quarter but a late start to spring hit profitability.