Take-Two acquisition, global M&A, UBS diligence - what's moving markets

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Take-Two acquisition, global M&A, UBS diligence - what's moving markets

Investing.com -- The main Wall Street indices are on course to end the quarter with strong gains, helped by the return of global M&A. Take-Two seeks to buy a U.S. game developer, while UBS is still investigating Credit Suisse's books.U.S. stock futures traded largely unchanged Thursday, on course for a second consecutive winning quarter and fifth straight winning month ahead of the release of more widely-watched economic data.

However, the Swiss banking giant said Thursday, in its annual report, that it is still reviewing potential misstatements in Credit Suisse's financial reports, adding that there is a risk that"a material error" may not be detected. The number of transactions worth more than $10 billion jumped to 14, compared with five during the same period last year.

Moscow had earlier in March said it will deepen its ongoing production cuts, while a series of attacks by Ukraine on Russian fuel refineries has also hit fuel supplies in the country.price to $90 already in April, reach mid-$90 by May and close to $100 by September,” JPMorgan analysts wrote in a recent note.

 

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