Weekend Reading Summary
Macro Related
- NY Times reports that North Korea plans to denuclearize if U.S. promises not to invade; N Korea will also close nuclear site (EWY). NY Tines Report.
- WSJ previews meetings on Thursday between Trump Administration officials and China officials on trade (FXI). WSJ Report.
- The Hill profiles comments from President Trump during a campaign rally in Michigan where he said he will shut down the Government if border wall is not funded in late September. The Hill Report.
Stock Spcific
- Barron's profiles positive views on ALLY, KMT, CTL, WU. Barron's Report.
- Barron's profiles positive view on Netflix (NFLX). Barron's Report.
- Barron's profiles cautious views on TSM, QCOM, NVDA, INTC. Barron's Report.
- Barron's profiles positive views on FDX, RTN, VRTX, GOOG, GE, MA. Barron's Report.
- Barron's profiles cautious views on GOOG, TWTR, FB. Barron's Report.
- Barron's profiles positive views on EOG, RIG, XOM, HAL, COP, DVN, ESV. Barron's Report.
- Barron's profiles positive views on Net Element (NETE). Barron's Report.
- Barron's profiles cautious views on Chipotle Mexican Grill (CMG). Barron's Report.
- NY Post details that MoviePass' (HMNY) one movie per day deal is likely not coming back. NY Post Report.
- WSJ discusses that Wal-Mart (WMT) plans to sell Asda Group stake to J Sainsbury (JSAIY). WSJ Report.
- Telegraph discusses accusations that Twitter (TWTR) sold data to the Cambridge University academic. Telegraph Report.
- Reuters discusses that Schlumberger (SLB) has been given approval by Russia for purchase of Eurasia Drilling stake. Reuters Report.
- WSJ details Xerox (XRX) / Fujifilm Holdings (FUJIY) M&A deal has been blocked by US Judge. WSJ Report.
- CNN details that Southwest (LUV) passenger has filed a lawsuit over engine failure on recent flight. CNN Report.
- Bloomberg details that Denmark is open to subsidies for electric cars (TSLA, KNDI). Bloomberg Report.
- Reuters profiles new guidelines for foreign investment in Chinese security joint ventures (FXI). Reuters Report.
- WSJ discusses that Samsung (SSNLF) plans to change conglomerate's ownership structure. WSJ Report.
- TechCrunch discusses that Disney's (DIS) Avengers set a box office record this weekend with $250 mln in U.S. ticket sales. TechCrunch Report.
- FT details that CVC Capital is interested in Kantar unit of WPP (WPP). FT Report.
- FT profiles analysis that Apple (AAPL) could return $100 bln to investors on Tuesday. FT Report.