IN THE NEWS
BENZINGA
When FireEye Inc (NASDAQ: FEYE) CEO
Kevin Mandia assumed his role in June 2016, he had two immediate projects: restructure cost and advance the portfolio:
Link
Imprimis Pharmaceuticals Inc (NASDAQ: IMMY) wants to stop egregious drug pricing issues, and Mallinckrodt
PLC (NYSE: MNK) is its next target:
Link
A screenwriter and producer who contends Walt Disney Co (NYSE: DIS) stole his idea for the hit movie “Zootopia” has a case that seems far stronger
than the usual claims made against Hollywood, an entertainment analyst said:
Link
The latest numbers from the National Automobile Dealers Association indicate used car prices fell another 7.2 percent
year-over-year in February:
Link
THE WALL STREET JOURNAL
Neil Gorsuch, President Donald Trump’s nominee to the Supreme Court, faces a new round of grilling from the Senate Judiciary
Committee on Wednesday after emerging from Tuesday’s nearly-12-hour session with few missteps of any significance:
Link
Apple Inc. (NASDAQ: AAPL)'s latest
culling of its product lines could be seen as an odd twist on Darwinian theory: survival of the fattest.
Link
REUTERS
Sears Holdings Corp (NASDAQ: SHLD), once
the largest U.S. retailer, warned on Tuesday about its ability to continue as a going concern after years of losses and declining
sales:
Link
An overhaul of Fannie Mae (OTC: FNMA) and
Freddie Mac (OTC: FMCC) is highly unlikely to
make it into this year's legislative calendar, Congressional staffers say, possibly shifting the new administration's immediate
focus to allowing the mortgage financing institutions' to rebuild depleted capital:
Link
BLOOMBERG
The rally in global oil prices has stalled at the worst possible time for explorers, just as banks reassess credit lines crucial
to their growth:
Link
Chipotle Mexican Grill, Inc. (NYSE: CMG),
whose rapid growth was fueled by millennials enamored of the chain’s signature fresh ingredients, is looking to families to help it
recover from a food-safety crisis that tarnished its carefully crafted image:
Link
NY POST
President Trump’s former campaign manager signed a secret, $10 million contract with a Russian billionaire that advanced the
interests of Russian President Vladimir Putin, a new report reveals:
Link
ECONOMIC DATA
- January 2017 US FHFA HPI 0.0% vs 0.4% exp m/m
- Data on existing home sales for February will be released at 10:00 a.m. ET.
- The Energy Information Administration’s weekly report on petroleum inventories is schedule for release at 10:30 a.m. ET.
ANALYST RATINGS
- Deutsche Bank upgraded BorgWarner (NYSE: BWA) from Hold to Buy
- Berenberg upgraded Teck Resources (NYSE: TECK) from Hold to Buy
- KeyBanc upgraded Urban Outfitters (NASDAQ: URBN) from Sector Weight to Overweight
- Morgan Stanley downgraded American Airlines (NASDAQ: AAL) from Overweight to Equal-Weight
- Barclays downgraded Sirius XM Holdings (NASDAQ: SIRI) from Overweight to Equal-Weight
- Goldman Sachs downgraded Frontier Communications (NASDAQ: FTR) from Neutral to Sell
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