IN THE NEWS
BENZINGA
Walt Disney Co (NYSE: DIS) shares were up
last week following a report from RBC Capital discussing all the reasons why an Apple Inc. (NASDAQ: AAPL) buyout of Disney would make sense. While Disney investors would
certainly love a buyout at a premium to market price, investors should make sure not to overlook the caveats RBC provided in its
note as well:
Link
It’s understandable for early Twitter Inc (NYSE: TWTR) investors to harbor a certain level of resentment toward Facebook
Inc (NASDAQ: FB). The companies had two of the
largest and most highly-publicized IPOs in history, and they remain two of the most popular and well-known social media brands to
this day:
Link
The West Coast/California drought has finally ended, with Gov. Jerry Brown lifting the drought emergency in most parts of
California, barring a few San Joaquin Valley counties. Does this mark the all clear for investors in the agriculture sector?
Link
THE WALL STREET JOURNAL
U.S. Vice President Mike Pence warned North Korea not to push President Donald Trump, calling the recent American military
strikes on Syria and Afghanistan an example of Washington’s strength:
Link
The Federal Reserve is moving quickly to fill in the details of how it will wind down its securities holdings in the years
ahead, a process that could start this year and become the next big challenge for investors grown accustomed to easy money from the
world’s most important central bank:
Link
REUTERS
Apple has secured a permit to test autonomous vehicles in California, fueling speculation that it is working on self-driving car
technology in a crowded arena of companies hoping to offer those cars to the masses:
Link
Cleveland police urged a suspect who they said posted video of himself on Facebook killing an elderly man on Sunday to turn
himself in to authorities:
Link
In 10 days, the U.S. Federal Communications Commission will lift a ban on telecoms companies engaging in merger talks, and Wall
Street is betting on T-Mobile US Inc (NASDAQ: TMUS), Sprint Corp (NYSE: S) and Dish Network Corp (NASDAQ: DISH) to be the first ones out of the gate:
Link
BLOOMBERG
Ant Financial raised its agreed offer for MoneyGram International Inc. (NASDAQ: MGI) by 36 percent as the financial-services company controlled by Chinese
billionaire Jack Ma tries to top a competing offer and overcome security concerns:
Link
More and more Americans are waiting until the very last minute to do their taxes:
Link
NY POST
Forget subprime mortgages — one of Wall Street’s biggest risks doesn’t even show up on most banks’ balance sheets:
Link
ECONOMIC DATA
- The housing market index for April will be released at 10:00 a.m. ET.
- The Treasury is set to auction 3-and 6-month bills at 11:30 a.m. ET.
- The Treasury International Capital data for February is schedule for release at 4:00 p.m. ET.
- Federal Reserve Vice Chairman Stanley Fischer is set to speak in New York City at 5:00 p.m. ET.
ANALYST RATINGS
- Wells Fargo upgraded McDonald's (NYSE: MCD) from Market Perform to Outperform
- PiperJaffray downgraded Incyte (NASDAQ:
INCY) from Overweight to Neutral
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