IN THE NEWS
FIS Astec Analytics has released its weekly list of the most popular stocks among short sellers. This week’s list is topped by a
dating website company making its first appearance on the list:
Link
Walmart Inc (NYSE: WMT) reported mixed
fourth quarter results Tuesday, which may have caught some investors off guard given the stock's 10 percent sell-off. Investors and
analysts will now debate if the retail giant's momentum of outsized growth has come to an end, or if its earnings report a bump in
the road:
Link
President Donald Trump said Tuesday he is moving to impose new regulations that would ban devices that allow certain firearms to
function as rapid fire “machine guns,” in the wake of the mass shooting at a Florida high school that left 17 people dead:
Link $
A federal judge on Tuesday undercut AT&T Inc. (NYSE: T)'s plans to argue that the Justice Department is challenging its acquisition of
Time Warner Inc. (NYSE: TWX) for political
reasons, ruling that the company can’t have information on internal government deliberations:
Link $
An attorney who is the son-in-law of one of Russia’s richest men pleaded guilty Tuesday to lying to Special Counsel Robert
Mueller’s investigators as Mr. Mueller’s team continued to aggressively pursue its wide-ranging probe into Russia’s meddling in the
2016 election:
Link $
Some of the biggest electronics bazaars in Asia are being flooded with customers looking for the latest piece of technology:
cryptocurrency mining rigs:
Link
Tech giants like Facebook (NASDAQ: FB) and
Amazon (NASDAQ: AMZN) are the tip of the
iceberg of a trend toward market concentration. That's good for profits, but a new study says it also risks harming productivity
and growth potential in the long run:
Link
ECONOMIC DATA
- MBA Mortgage Applications Down 6.6% for the Week
- Redbook Reports US Retail Sales Down 0.7% MoM During First 2 Weeks Of Feb., Up 3.2% YoY
- Philadelphia Federal Reserve Bank President Patrick Harker is set to speak in St Louis at 9:00 a.m. ET.
- The flash Composite Purchasing Managers' Index for February is schedule for release at 9:45 a.m. ET.
- Data on existing home sales for January will be released at 10:00 a.m. ET.
- The Treasury is set to auction 5-year notes at 1:00 p.m. ET.
- The Federal Open Market Committee will issue minutes of its latest meeting at 2:00 p.m. ET.
- Minneapolis Federal Reserve Bank President Neel Kashkari is set to speak in Minneapolis at 8:15 p.m. ET.
ANALYST RATINGS
- JP Morgan upgraded Mosaic (NYSE: MOS)
from Neutral to Overweight
- Deutsche Bank upgraded BT Group (NYSE: BT) from Sell to Hold
- Keybanc downgraded Gap (NYSE: GPS) from
Overweight to Sector Weight
- JP Morgan downgraded Match Group (NASDAQ: MTCH) from Overweight to Neutral
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