IN THE NEWS
BENZINGA
The summer days are heating up, but oil and natural gas investors have been left out in the cold so far in 2017: Link
The Hasbro, Inc. (NASDAQ: HAS) Gaming
Crate, a gaming subscription service, was unveiled Monday morning. The move puts Hasbro front and center in a very attractive, yet
competitive industry: Link
Five companies intend to stage initial public offerings this week to join a 2017 class rife with biotechs, retailers and natural
resource firms, as well as formidable tech names such as Snap Inc (NYSE: SNAP): Link
THE WALL STREET JOURNAL
Senate GOP leaders have set a timeline to vote next week on legislation to repeal large chunks of the Affordable Care Act, even
though they don’t yet appear to have secured enough support to pass it:
Link
Since Apple Inc. (NASDAQ: AAPL) launched
the iPhone in June 2007, the smartphone revolution it unleashed has changed the way people work and socialize and reshaped
industries from music to hotels:
Link
REUTERS
Boeing (NYSE: BA) revised up its rolling
20-year industry forecast for passenger and freight planes by 4 percent on Tuesday, though signs at the world's biggest air show
suggest a cooling of demand at the moment after years of red-hot growth:
Link
After Amazon.com Inc (NASDAQ: AMZN)
completes its takeover of high-end grocer Whole Foods Market Inc (NASDAQ: WFM), it might launch another brand with different standards, the grocery chain's
chief executive said in remarks reported in a securities filing on Monday:
Link
BLOOMBERG
The landslide victory of President Emmanuel Macron’s party in the second round of the French parliamentary elections on June 18
-- and the defeat in several Italian local elections of the anti-Europe Five Star Movement party a few days earlier -- raises an
intriguing question for global investors:
Link
Tesla Inc. (NASDAQ: TSLA) might be able
to drive into China, but it won't be able to ride solo:
Link
NY POST
Hedgie Glenn Welling of Engaged Capital was eager to get to work at Rent-A-Center (NASDAQ: RCII) — unfortunately, he learned that the company’s board is on vacation:
Link
ECONOMIC DATA
- Federal Reserve Vice Chairman Stanley Fischer is set to speak in Amsterdam.
- USA Current Account for Q1 -$116.80B vs -$124.0B consensus estimate. The prior reading was revised from an initial -$112.40B
to -114.0B.
- The Johnson Redbook Retail Sales Index for the latest week will be released at 8:55 a.m. ET.
- The Treasury is set to auction 4-and 52-week bills at 11:30 a.m. ET.
- Dallas Federal Reserve Bank President Robert Kaplan is set to speak in San Francisco at 3:00 p.m. ET.
ANALYST RATINGS
- Goldman Sachs upgraded Vivint Solar (NYSE:
VSLR) from Neutral to Buy
- Pacific Crest upgraded NVIDIA (NASDAQ: NVDA) from Underweight to Sector-Weight
- Jefferies upgraded Goodyear Tire & Rubber (NASDAQ: GT) from Hold to Buy
- Barclays downgraded Cornerstone OnDemand (NASDAQ: CSOD) from Equal-Weight to Underweight
- William Blair downgraded INC Research Holdings (NASDAQ: INCR) from Outperform to Market Perform
- RBC Capital downgraded Rice Energy (NYSE:
RICE) from Outperform to Sector Perform
This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five
minutes. To get the full version of this note every morning, click here or
email minutes@benzinga.com.
© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.