IN THE NEWS
Roku Inc (NASDAQ: ROKU)'s post-IPO lows
of $15.75 had many investors concerned with the streaming media company's true prospects and short sellers were very active in the
name:
Link
General Electric Co.’s (NYSE: GE) new leader
plans to unveil a road map Monday for the conglomerate that will focus on three of its biggest business lines, but stops short of a
breakup or more radical restructuring of the 125-year-old giant:
Link
Uber Technologies Inc. cleared the way for a multibillion-dollar investment led by SoftBank Group Corp. that would transform the
corporate structure of the world’s most valuable startup and give the ride-hailing company a powerful ally in its battle against
global rivals:
Link
As Republicans move forward on their tax bills this week, part of their pitch is that 9 in 10 Americans would ultimately be able
to file returns the size of postcards. While the plans don’t make tax filing quite that easy, they do mark a step toward a simpler
system:
Link
U.S. sports broadcaster ESPN launched its flagship SportsCenter program on messaging app Snapchat on Monday, reimagining the
show that provides sports highlights and commentary into a short-form series:
Link
If you haven’t been paying attention to the persistent flattening of the U.S. yield curve, you’re way behind it:
Link
There’s a battle raging inside Charter Communications (NASDAQ: CHTR), and the outcome could decide whether the cable giant continues its
acquisition spree — or gets gobbled up itself:
Link
ECONOMIC DATA
- The Treasury is set to auction 3-and 6-month bills at 11:30 a.m. ET.
- The U.S. Treasury budget report for October will be released at 2:00 p.m. ET.
ANALYST RATINGS
- BMO upgraded Chef's Warehouse (NASDAQ: CHEF) from Market Perform to Outperform
- Canaccord upgraded ExOne (NASDAQ: XONE) from Hold to Buy
- HSBC upgraded Air Products & Chemicals (NYSE: APD) from Hold to Buy
- JP Morgan downgraded Teva (NYSE: TEVA)
from Neutral to Underweight
- Mizuho downgraded CalAtlantic (NYSE: CAA) from Buy to Neutral
- KeyBanc downgraded Fidelity National (NYSE:
FIS) from Overweight to Sector Weight
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