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Thursday Express: LSE to buy Refinitiv; Trump slams Powell over rate cut

* London Stock Exchange Group agreed to acquire financial data analytics platform Refinitiv in an all-share transaction for a total enterprise value of approximately $27 billion. Refinitiv shareholders, which include funds affiliated with Blackstone Group, Thomson Reuters, an affiliate of Canada Pension Plan Investment Board and others, will ultimately hold an approximate 37% economic interest in LSE. The deal is expected to close in the second half of 2020.

* American Express agreed to acquire acompay, a digital payment automation platform, from ACOM Solutions. The deal is expected to close in the second half of this year.

* EVERTEC's main operating subsidiary, EVERTEC Group, agreed to acquire 100% of PlacetoPay, a gateway and payment service provider.

* U.S. President Donald Trump criticized Federal Reserve Chairman Jerome Powell for not hinting at more aggressive rate cuts, after the central bank lowered its benchmark federal funds rate by 25 basis points during its July meeting.

* Major U.S. banks such as JPMorgan Chase, Citigroup and Wells Fargo said they will cut their benchmark interest rates by 25 basis points following the Federal Reserve's decision to lower its federal funds rate, Reuters reports.

* Sen. Sherrod Brown, D-Ohio, proposed a bill that would give companies the option to either cut their share buybacks or pay their employees for the privilege. Brown said the bill is designed to force companies to think twice before boosting share prices through buybacks.

* The Federal Trade Commission is urging consumers affected by Equifax's 2017 data breach to consider signing up for the free credit monitoring offered as part of the company's settlement.

* The New York State Department of Financial Services proposed a regulation that will address the problems of the student loan servicing industry and improve protection of student-loan borrowers in New York.

* Talks between BlackRock and Pamplona Capital Management regarding BlackRock's potential acquisition of a stake in Cofense have stalled, The Wall Street Journal reports, citing people familiar with the matter.

* Humana President and CEO Bruce Broussard said the company will face "significant 2020 headwinds" in reducing costs if the moratorium on the Affordable Health Care Act's health insurance fee expires at the end of the year.

* Allstate will be investing to grow its property-liability market share, using several factors executives are confident will expand a high-margin line.

* Progress toward a possible sale of a majority stake in Genworth MI Canada could clear the way for the long-awaited completion of the sale of Genworth Financial to China Oceanwide Holdings Group, but this transaction would be subject to Oceanwide's consent and could trigger a range of responses by U.S. regulators that previously signed off on the larger deal.

The Daily Dose: Express Edition is updated as of 6:30 a.m. ET. Some external links may require a subscription. Links are current as of publication time, and we are not responsible if those links are unavailable later.