Weekend Reading Summary
Macro Related
- ABC This Week interviewed White House counselor Kellyanne Conway who indicated President Trump has full confidence in Chief of Staff John Kelly. ABC This Week Transcript.
- NY Times discusses that 3rd in line at the Justice Department Rachel Brand who overseas antitrust trust has stepped down (T, TWX). NY Times Report.
Stock Specific
- Barron's profiles positive views on DHI, DAL, VZ, SBUX, AEP, AAPL, NEE. Barron's Report.
- Barron's profiles cautious view on Wells Fargo (WFC). Barron's Report.
- Barron's profiles positive views on TWTR and SNAP. Barron's Report.
- Barron's profiles positive views on NVS AMGN, LLY, CHRS, MYL. Barron's Report.
- Barron's profiles mixed view on Bitcoin (BTC). Barron's Report.
- Barron's profiles positive views on BAC, BBT, C, CFG, FITB, PNC, RF, STI, USB, WFCbased on dividends. Barron's Report.
- NY Post details that Tyson Foods (TSN) is having trouble selling its frozen food assets. NY Post Report.
- Bloomberg details that Alibaba (BABA) plans to purchase 15% in China home improvement company. Bloomberg Report.
- Bloomberg discusses that Dubai Investments PJSC is planning IPO (IPOXX). Bloomberg Report.
- Sunday Times UK details that Tesco (TSCDY) plans to increase discounting. Sunday Times UK Report.
- Sunday Times UK discusses that GKN PLC (GKNLY) is expected to offer large return to shareholders to prevent hostile takeover. Sunday Times UK Report.
- Sunday Times UK details that Ryanair (RYAAY) chief executive Michael O'Leary has indicated British investors will have to sell stake if hard Brexit takes place. Sunday Times UK Report.
- Sunday Times UK that some BHP (BHP) investors want company to end duel listing, Sunday Times UK Report.
- Reuters reports that BMC Software is considering IPO (IPOXX). Reuters Report.
- Australian discusses that Steve Wynn will not contest ex-wife share sales (WYNN). Australian Report.
- Bazonline details comments from Clariant (CLZNY) exec who believes SABIC deal is better than Huntsman (HUN) merger Bazonline Report.
- Reuters discusses that Airbus (EADSY) has halted some deliveries amid engine issue (UTX). Reuters Report.
- BBC discusses that a Russian passenger plane has crashed with 71 aboard (RSX). BBC Report.
- Washington Post discusses that the Trump Administration plans to turn international space station into private enterprise (AJRD, RTN, GD). Washington Post Report.
- Reuters details that Takata (TKTDY) has reached agreement to bring bankruptcy to an end. Reuters Report.
- CNN discusses that California will investigate Aetna (AET) following allegation from employee that he did not look at patient records. CNN Report.
- FT details that Amgen (AMGN) is looking for M&A deals. FT Report.
- FT discusses that Citigroup (C) plans to setup innovation center in London. FT Report.
- Orlando Sentinel details that Disney (DIS) plans to increase park ticket prices. Orlando Sentinel Report.
- Bloomberg profiles comments from Credit Suisse (CS) spokesperson who indicated that claims that the bank mislead investors are false. Bloomberg Report.