IN THE NEWS
Benzinga
The Pups of Wall Street: A college student's perspective of banking internships:
Link
Perhaps no other stock in the market has generated as much buzz as Tesla Inc (NASDAQ: TSLA) in 2017 ahead of the roll-out of its highly anticipated Model 3. However, it
seems not even Wall Street knows quite what to make of Tesla’s stock:
Link
Wall Street Journal
President Donald Trump’s tumultuous past week has widened rifts in his party, between those who vocally support the president’s
combative style and others who bridle at it, according to interviews with GOP officials and supporters across the country:
Link
OPEC, the once powerful oil cartel, is struggling to hold the line in a make-or-break fight to limit oil production, prop up
crippling low prices and prove its relevance:
Link
Credit-card losses are mounting, a reversal from a six-year trend that could be a warning sign for markets and the broader
economy:
Link
Reuters
Ford Motor Co (NYSE: F) Chief Executive Jim
Hackett is reviewing the automaker's operations in India and other markets, as well as Ford's future product programs including
plans to build a self-driving commercial vehicle in 2021, according to company officials and other sources familiar with that
review:
Link
China's overall debt levels are still high, despite initial results achieved by its deleveraging efforts, a central bank
official said in the bank's China Finance magazine on Monday:
Link
Bloomberg
John Kelly arrives at the White House facing the Herculean task of restoring order to a crisis-ridden presidency:
Link
After the collapse of Obamacare repeal, Republicans may have to choose between pursuing another health bill or pushing through a
tax overhaul this year, because there’s almost certainly not enough time to do both:
Link
New York Post
Answering that friend request while at work may not seem troublesome, but add up all the on-the-job smartphone screen time
across the country and you’re talking $15 billion in lost productivity, a new study reveals:
Link
ECONOMIC DATA
- The Chicago PMI for July is schedule for release at 9:45 a.m. ET.
- The pending home sales index for June will be released at 10:00 a.m. ET.
- The Dallas Fed manufacturing index for July is schedule for release at 10:30 a.m. ET.
- The Treasury is set to auction 3-and 6-month bills at 11:30 a.m. ET.
- Data on farm prices for June will be released at 3:00 p.m. ET.
ANALYST RATINGS
- Morgan Stanley upgraded GoPro (NASDAQ: GPRO) from Underweight to Equal-Weight
- Cowen upgraded American Airlines (NASDAQ:
AAL) from Market Perform to Outperform
- Credit Suisse upgraded Virtus Investment Partners (NASDAQ: VRTS) from Neutral to Outperform
- Pivotal Research downgraded Facebook (NASDAQ: FB) from Hold to Sell
- Deutsche Bank downgraded Norfolk Southern (NYSE: NSC) from Buy to Hold
- Jefferies downgraded Coach (NYSE: COH)
from Buy to Hold
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