BRIEF-Philips to acquire Spectranetics Corporation
* ACQUISITION EXPECTED TO BE REVENUE GROWTH, ADJUSTED EBITA MARGIN AND ADJUSTED EPS ACCRETIVE FOR PHILIPS BY 2018
TOKYO Dec 15 Japan's Nikkei share average edged down in choppy trade just before the lunchbreak on Thursday as investors took profits from the seven-day rally after pricing in the U.S. Federal Reserve's decision to raise rates for the first time in a year.
The Nikkei dropped 0.2 percent to 19,225.24 at the midday break after rising as high as 19,436.90 in morning trade.
The Nikkei early gains resulted from the dollar's surge against the yen after the Fed raised rates for the first time in a year and signalled further hikes could come at a faster pace than the market had expected. Japan's major exporters benefit from a weaker yen.
The Topix was flat at 1,538.99 by midday, after turning positive on the year earlier. In early trade, the Topix traded above 1,547.30, the closing price of the last trading day of 2015.
The JPX-Nikkei Index 400 was also flat at 13,774.68.
(Reporting by Ayai Tomisawa; Editing by Simon Cameron-Moore)
June 28 Britain's FTSE 100 index is seen opening down 19 points at 7,415.6 on Wednesday, according to financial bookmakers. * CYBER ATTACK: A major global cyber attack disrupted computers at Russia's biggest oil company, Ukrainian banks and multinational firms with a virus similar to the ransomware that infected more than 300,000 computers last month. WPP, the world's largest advertising agency, said it was also infected. Russian steelmaker Evraz said its information sy
* Philips to acquire the Spectranetics Corporation to accelerate expansion in image-guided therapy devices to treat cardiac and peripheral vascular disease