brookfield is said to be considering a new offer for the mall operator. as you can see, not too much move in the share prices this morning. >>> we're watching shares of hga this morning st. joseph and providence street are reportedly in merger talks a tie-up of the two companies would dethrone hca as the largest hospital chain it's not reacting so far in the premarket. >>> another big weekend for disney at the box office it's animated comedy "coco" taking the top spot for a third straight week, bringing in another $18 million. the newest "star wars" movie opens this coming weekend. walt disney slightly higher in the premarket. >> do you have tickets >> no, not that bothered >> i do. >> are you a big "star wars" fan? >> pretty big fan. we're going sunday it's going to be a family affair. >> it's something i've gotten into with the new ones, so i'll see it, but i'm not queueing up overnight to get the first day. >> fair enough the first three are still the best. >>> more stocks to watch, and eli lilly's stomach cancer drug met its main goal of preventing th

last month brookfield offered $15 billion for the shares of ggp that it don't already own. "the wall street journal" says creating either a firm is now its cash bid while fering or b still offering some stock. shares of brookfield property partners rose fractionally to $21.69. >>> samsung may dethrone intel as the world's largest chip a japanese newspaper says samsung is expected to outpace intel, potentially ending intel's 25-yea. >>> and aerospace parts distributor klx may sell itself for one of its units. the company said it's exploring strategic alternatives after it received inquiries from interested parties. klx said it has yet to set a timetable for that review. shares of klx popped about 10% on that news at $69.28. >>> and get this, garmin has launched tracker, saying it can hold a charge for more than a year. the device maker says the product has an always-on color display s with your smartphone. the user can set it and forget it, literally. garmin shares up a tick to $59.27 "today" today. >>> elon musk says tesla will begin building its first pickup truck after it

was bruce flat, ceo of brookfield. he was speaking with eric check square. -- eric checks or.g up, the populist right has fervor into u.s. political structure than previously thought. we have new analysis on how populism is redrawing the map of europe. this is bloomberg. ♪ ♪ bloomberg's new european headquarters in the city of london, i'm mark barton. vonnie: and i'm vonnie quinn. this is "bloomberg markets." there's a conference underway in atlanta. is one.g bios h-shares trading at a record high. higher.s trading joining us is taylor riggs. are coming outs with raising and fundamental news coming out of the conference. also, goldman raised to $309 a share. jefferies also raising the price target by $211 a share. two different types of therapies that they were excited about when it came to the conference. for blooderapy cancer. goldman says it will have a disruptive impact on the market. jeffrey saying it really could improve. they are talking a lot about sickle cell anemia. jeffrey says it is a vital instruction point here when it comes to 2018. when the analysts are talking

. >> we got a news alert on brookfield and ggp i'd like to get to this.ing by with those details. >> hi, kelly, that's right a dow jones headline regarding brookfield's bid for ggp p/e firm, brookfield property partners working to restructure its offer for shares of mall owner ggp. last month brookfield made an offer worth $14.8 billion for the 66% of ggp shares it doesn't currently own. it was half cash, half equity. ggp had pushed back on that offer. now the company is apparently considering two new options. one is a new form of stock, another involves more cash it's not clear how much either of these deals will be worth ggp did close up higher by about 1.5% on the day, now lower by just about .5, kelly back over to you. >> thank you, kate, an interesting smoointerest ing move on the bell look the like ggp popped and -- i don't know if it got out somehow. what is the cig cabsignificancs this >> sorting out the details obviously on inside track bidder i think it's a matter of just sort of having the seller trying to maximize the terms. >> dennis, what do

more with our interview of the ceo of brookfield.me for tax reform, but the question is, will the middle class notice tax relief? we are one hour from the close of trading. let's get a check on markets with julie hyman. julie: enough to propel the s&p and dow to highs, at least on a closing bases, but it is the nasdaq that continues to lead. after the turmoil and rotation we were seeing recently, that seems to have evaporated. within the s&p 500, it is tech that is leading, followed by energy, rising along with oil prices. health care, holding up well. industrials and financials are seeing some losses. after that very clear divergence we were seeing a couple weeks ago between tech and financials as people rotated out of one of the best-performing groups of the year, it's a bit more of a muddled picture. take a look at the yearly view. tech is the best performing group. the second-best performer today was energy. it is one of the worst performers of the year. health care is doing well today, and it's one of the best performers of the

erik schatzker sat down with the ceo of the firm and the two discussed brookfield's bid to acquire ar. bruce: we are a fair and transparent organization. the shareholders that own the company are our partners and we want to be fair and open with our shareholders and with the board. we have been that way with the board and we have been that way with shareholders and we will put an offer out there that we think is fair. if they want to do something different, they will do something different. i think at the end of the day, it will all make sense. erik: the thing that makes the gdp offer so fascinating is what makes brookfield unusual and an interesting organization. it takes a contrarian point of view. aboutw you are contrarian u.s. malls effectively, good malls. we know you have been very contrarian about brazil and the early signs are that was a smart bet. in thee anywhere else world that you can be contrarian right now with valuations where they are and with the prospect of rising interest rates? bruce: eight years into a cycle, gets tougher and tougher, but we always find pockets o

brookfield recently bid to acquire model owner gcb.iven the recent trend in brick-and-mortar retail. erik began by asking him what other plans are on the horizon. erik: we know you have been very contrarian about brazil. the early signs was that that was a smart bet. is there anywhere in that world where you can be contrarian with valuations where they are with the prospect of rising interest rates? bruce: eight years into a cycle, it gets tougher and tougher but we always find pockets of things to do. you wouldn't have said 18 months ago that buying solar and wind farms in america would be a valued investment. yet, sun edison got themselves in trouble and we bought two companies called terraform and bought a large wind/solar business. if you are out there, these things just come along. india offers value today just because the entrepreneurs poured a lot of money and the banks are going through reorganization of a lot of financing in the country. there are opportunities there. erik: you have taken opportunities to sell real estate, ame

brookfield made a $23 a share offer for the 6% of gdp it doesn't already own.rookfield is said to be considering a new offer for the massive mall operator. >>> we're watching shares of hca. hospital operateors extension health and providence -- are in merger talks a tie for the two nonprofit companies would deplothrone hca >> tech crunch apple will buy music recognition app shazam i love saying shazam sorry. for $400 million >> shazam. who know who used to say that? he just passed jim neighbors. he is the guy who always says shazam, sergeant carter. >> the london-based company used a database of more than 11 million acoustic fingerprints to identify music its playing near users. the app has been downloaded more than one billion times since 2009 the deal expected to be announced today. we should say i don't want to call it a take-under but in terms of valuation this was a company that had a valuation of $1 billion $400 million would be a comedown a lot of other folks have technology like this the question is what does apple want with this one i imagine they woul

it's wary of seming brookfield's stock in its current form.k in an entity that would combine some of brookfield's holdings with ggp >>> the price of bitcoin has skyrocketed, and big hedge funds want in on the action. that's according to the "wall street journal." a reporter, special writer we don't even call him a reporter he is a special writer >> very special. >> not just any writer, right? >> gregory zuckerman is leer he is joining us now to discuss what's going on with these institutional investors. we're looking to benefit from the digital currency we have some guy that's jumping in and some guys jumping out >> getting a little excited about bitcoin. i mean, until now they drag their feet they thought it was kind of a scam some of the smarter guys, the quantity kind of guys now are saying, you know what, maybe we can mix money on the long or short side they're doing their homework and starting to get in >> i know a couple of guys -- we were talking about this earlier. some folks are trying to arbitrage what's going on in the marketplace,

. >>> ggp has rejected a buyout offer from its largest shareholder, brookfield property ggp is one ofhe largest owners and managers of malls in the united states and was offered nearly $15 billion by brookfield talks are ongoing. and if successful, it would create one of the world's largest listed property firms. >>> now, just before we head out, let's take one last look at how u.s. futures are looking this morning as you can see, the market is pointing to slightly stronger open s&p up around four points, dow jones up 32 points or so, nasdaq up three points. of course, all eyes will be on that all-important fed decision coming later in the week, and the interest rate hike is more than 95% priced in there, but that's it for today's show i'm joanna versecchi "worldwide exchange" is up next. stay with us ♪ the moment a fish is pulled out from the water, it's a race against time. and keeping it in the right conditions is the best way to get that fish to your plate safely. bacteria can multiply to high enough levels that even cooking it will not destroy all of them. it's definitely the mos

ggp is said to have her ducted oakfield -- set to rejected brookfield properties $15 billion bed. --appears to be too low. as you know, these small operators in the united states have really been hit as of late, we've seen more and more mergers of mall operators. i imagine a lot of analysts are saying this will be lengthy negotiations, the industry has really been struggling as you say, about $23 per share bid was seen as not close to fair value. i'm sure we will get more on this story as it develops. in the meantime, let's get to the first word news with haslinda amin. haslinda: president trump is said to be planning the closing argument for the republican tax cut in a speech on wednesday. sources say he will speak as house and senate teams try to iron out differences in the two plans. the present tweeted the bill is moving ever closer. republican leaders plan to have the agreement signed and ready for the presidents signature by the end of the year. u.n..s. ambassador to the says israel and the palestinians must decide the status of jerusalem. nikki haley said she was reintegrating

plus, brookfield tells us where the company is finding value. >> where contracts are long and creditople are paying high prices. scarlett: this is bloomberg. ♪ ♪ >> the big issue hanging over the economy for 2018 is nafta. what is the current thinking in the government about whether donald trump is going to withdraw? >> our central scenario is that negotiations will continue. it's reassuring that there is a method and dialogue going on in this regard. this week, there is a technical round going on. in january, there will be a ministerial round going on. the dialogue continues. trade is good for both parties. it has been a very fruitful relationship between mexico and the united states and canada. what i hope is that the minister of the economy will continue to lead these negotiations well. and these will arrive at a reasonable result fraud three of the countries and for north america. scarlet: that was mexico's new finance minister speaking with michael mckee about the ongoing nafta negotiations. let's head down to europe. business leaders and policymakers met in paris at the one pla

plus, brookfield tells us where the company is finding value. >> were contracts are long and credit ise are paying high prices. scarlett: this is bloomberg. ♪ cannot live without it. so if you can't live without it... why aren't you using this guy? it makes your wifi awesomely fast. no... still nope. now we're talking! it gets you wifi here, here, and here. it even lets you take a time out. no! no! yes! yes, indeed. amazing speed, coverage and control. all with an xfi gateway. find your awesome, and change the way you wifi. ♪ >> the big issue hanging over the economy for 2018 is nafta. what is the current thinking in the government about whether donald trump is going to withdraw? is thatentral scenario negotiations will continue. a's reassuring that there is method and dialogue going on in this regard. this week, there is a technical round going on. in january, there will be a ministerial round going on. the dialogue continues. good for both parties. fruitfulen a very relationship between mexico and the united states and canada. what i hope is that the minister of the economy will cont

plus, brookfield tells us where the company is finding value. >> where contracts are long and creditople are paying high prices. scarlet: this is bloomberg. ♪ >> our central scenario is that continue.ns will and, you know, it's reassuring that there's a method and dialogue going on in this. technical here is a round going on. in january, there will be going on.und the dialogue continues. i'm a firm believer in trade. is good for both parties not just one who is exporting. but also vice versa. and this has been a very fruitful relationship between and the united states and canada. the ministers that of the economy will continue to will nd i'm sure he continue to lead these these tions well, and will arrive at a reasonable result and good result for all three of the countries and for north america. > that was joe say antonio gonzalez anaya speaking with nafta he on going negotiations. from the americas let's head now to europe. and policy ders makers in paris this week on the paris anniversary of the climate accord. mark carnie spoke exclusively on bloomberg surveillance. > what are th

workplace as a service firm soaring after confirming that it has received a takeover approach from brookfieldsset management and private equity firm both from canada, that stock up more than 27% if we shift the conversation to autos, china based automaker has bought an 8.2% stake in volvo. and already the owner of volvo car group which is a completely separate company from the truck maker. shares of volvo moving lower erasing earlier gains. and arcam is up sharply on news that general electric announced that it will raise its stake in the 3d printer maker to about 95% from 77%, ge buying arcam shares from elliott and polygon. and interesting move and a number of of european companies reacting to u.s. tax reform, barclays expecting a write down of more than $1.3 billion on its annual post-tax profitas a result of the new law. royal dutch shell says it sees a charge of up to $2.5 billion for its fourth square earnings and bmw expecting a positive impact on net profit for 2017. and we got to finish with miners getting a lift as copper prices jumped to levels not seen since mid 2014, this after c

soars are surging after the office provider confirmed it received a takeover approach from onex and brookfield asset management. iwg did not disclose any further details about the possible cash offer. >>> now we've discussed a lot of things already, but you can e-mail the show. we're at "street signs" and not "squawk box. and of course you are tweet us and follow us on twitter tweet me directly. >>> now, strong data in japan is bolstering hopes and economic -- your brain is an amazing thing. but as you get older, it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember. >>> welcome back to "street signs. britain's ties with the european union could be a model for other non-member states. that's according to gabrielle. gabrielle told the newspaper the uk's future relationship with the eu could be emulated by

manager iwg are up more than 30% today the company has confirmed it's received an asset takeover from brookfieldnd onex. in october iwg caught its full year profit citing weaker disruptions from natural disasters in the u.s up about 32% this is the sort of uk version if there was a direct comparison of it. it's been around for much longer sort of lower end type of offering than we had >>> still ahead, president trump talking he ining taxes from hisa home but first here's the weather forecast >> good morning, wilf. as we look at travel weather, one of the travel spots where we saw unfortunately record slow in pennsylvania, the great lakes. look for travel to be hindered by all that snow the lake-effect machine continues today. some rain across the gulf coast and the south, but more snow for areas along the great lakes. that could cause travel slowdowns. temperatures are brutally cold so if your business travel is taking you anywhere you see purple here, i would say bundle up and then some because the windchill factor would take these numbers and drop them 20 degrees below the numbers you see here

brookfield is considering a new offer. >>> ge announcing its power division will reduce count by 12,000 >>> we begin this hour with bitcoin moving higher today after this weekend's roll out of futures trading. bob joining us with more >> important thing is it's finally trading. take a look at where the coin is right now. 17,000 area. the important thing we've got it out. this is the futures contract we're talking about. opening 15,000 it's trading at a premium to the underlying cash. not a lot of people are allowing it let's review what a futures contract is. what do we do when we get a futures contract it's an agreement to buy or sell a commodity or financial instrument at a predetermined price and number two, at a very specific time in the future. let's take a look at the bitcoin. when you buy a bitcoin contract, you get one bitcoin. let's look at the current price. you can buy with leverage. the margin is 44%. you have to put up 44% do the math on that. that's $7800 you have to put up and you own one bitcoin. what happens if the close on january 17th, the price is 18,000, you're in t

i'll throw it on masrich we have also got what ggp, remember, brookfield is trying to buy what it doesn'tre. a lot of consolidation. >> there's a properties and then there are properties that frankly would be better centers. the big mistake we're making is to not go mall and shopping center to mall and shopping center and kick the tires because some places are doing quite well and some are sears-like so it really does matter whether it's a or not. and we meaning the media just lumps all together i know the kimco people are terrific but they're not a. >> they're not a simon is mixed there is a belief that he may be under more pressure to do something as of course will the management to potentially consider selling we'll see where it ends up there's been plenty of speculation about this in the past but this is interesting. because they have a lower cost in capital than westfield and you can make an argument that they will be back and could buy masrich a year or two from now tabman has voting shares. >> now vernado. >> i don't know. >> they have addresses but they have fabulous -- god, i'm g

are also watching shares of shopping center operator has rejected 15 billion-dollar buyout from brookfieldtners, largest shareholder of ggp, shares down better than 10% as you can see from chart. major snowstorm causing chaos in the uk. cheryl: heavy snow causing travel problems in the uk with flights canceled and disruption on the roads and the railway system. officials have also issued a warning for parts of england and whales, temperatures dropping 10-degrees overnight in some areas. delta says t going to charge $60 for first bag and $100 for the second bag, fees are going to start to show up on tickets bought after december 6th for flights leaving 15th and beyond. stocks, by the way, actually although volatile chart a decent year, it's up for the year as you can see on the screen. well, christmas is only two weeks away and if you're mailing your gifts, you're running out of time to make sure presents are going to be under the tree. today of first several deadline sets by delivery service, drop off packages before the end of the day if they're going to be going to military base or diplo

company confirmed it received a takeover offer from brookfield asset management and onex. you know these guys, right >> very well great firm quiet, very smart money. >> and then little bit of global news to tell you about saudi arabia and the you newted emirates plan to roll out a tax next year. this is a change both have used their tax-free statuses to lure workers >>> some stocks to watch this morning. boeing announcing an order for four 787 dreamliner jets from morocco's national airline boeing says the order which was previously listed as unidentified includes two planes purchased last year and two bought this month. boeing shares up a third of 1% >>> royal dutch shell expects the u.s. tax law to have a favorable impact on its operations says it would have encured a charge of $2 billion on third quarter number >>> and bmw also expects a favorable impact on its 2017 numbers. the measure could ad up to $1.3 billion to its full year results. but it's interesting to see all these international companies coming out and saying how the tax law would affect them. just this mor