Thursday, May 4, 2017

Morning News Call - India, May 5

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FACTORS TO WATCH

10:00 am: RBI Executive Director Sudarshan Sen at an event in Mumbai.

11:00 am: Aviation Minister Ashok Gajapathi Raju at an event in new Delhi.

12:00 pm: Telecom Minister Manoj Sinha to brie

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BRIEF-AmpliPhi Biosciences prices 6.9 mln shares of its common stock at $1.50/shr

* AmpliPhi Biosciences announces pricing of $10.4 million

underwritten public offering of common stock and common warrants

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UPDATE 8-U.S. House votes to repeal, replace Obamacare, Senate battle looms

WASHINGTON, May 4 (Reuters) - The U.S. House of

Representatives on Thursday narrowly approved a bill to repeal

and replace Obamacare, handing Republican President Donald Trump

a victory that could prove short-lived as the healthcare

legislation heads for a likely battle in the Senate.

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UPDATE 4-Saudi Arabia says Trump visit to enhance cooperation in fighting extremism

WASHINGTON, May 4 (Reuters) - Saudi Arabia's foreign

minister said on Thursday that an upcoming visit to the kingdom

by U.S. President Donald Trump would enhance cooperation

between the United States and Muslim countries in the fight

against extremism.

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CORRECTED-UPDATE 1-Warren Buffett says he sold a third of stake in IBM -CNBC

May 4 (Reuters) - Berkshire Hathaway's Warren

Buffett has sold "a reasonable amount" of his stake in

International Business Machines Corp after the stock

crossed $180, CNBC reported.

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BRIEF-GenOn Energy announces pricing and increases amount of offering of senior secured notes

* priced and increased amount of its offering to $550

million in aggregate principal amount of 10.500% senior secured

first lien notes due 2022

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BRIEF-KKR Real Estate Finance Trust priced IPO of 10.25 mln shares at $20.5 per share

* KKR Real Estate Finance Trust Inc announces pricing of its

initial public offering

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