Weekend Reading Summary


Weekend Reading Summary

Macro Related
  • Bloomberg profiles reaffirmed comments from Janet Yellen who indicated stock and commercial real estate prices are too high Bloomberg Report.
  • WSJ provides commentary on a stronger than expected earnings season. WSJ Report.
  • Bloomberg details concerns in short term Treasury bond market about upcoming debt ceiling deadline. Bloomberg Report.

Stock Specific

  • Barron's profiles positive views on CSCO, CRM, BBY, INTU, HPQ, TXN, MSFT, OSK, CLX. Barron's Report.
  • Barron's profiles positive view on General Motors (GM). Barron's Report.
  • Barron's profiles positive views on WY, USG, GLW, MMM, UTX. Barron's Report.
  • Barron's profiles positive view on Spirit Airlines (SAVE). Barron's Report.
  • Barron's profiles positive views on CSCO, TXN, UNH, ORCL, ORCL, CMCSA, MMM, ABBV, UNP, BA, BAC, C, WFC, JPM. Barron's Report.
  • Barron's profiles positive view on Dell Technologies (DVMT). Barron's Report.
  • Barron's profiles cautious view on overall market. Barron's Report.
  • Barron's profiles positive view on Danaher (DHR). Barron's Report.
  • Barron's profiles positive views on AAPL and FB and mixed view on INTC. Barron's Report.
  • NY Post details that Amazon (AMZN) has filed for patents related to wristbands that can track workers movements (FIT). NY Post Report.
  • Bloomberg discusses that GKN PLC (GKNLY) and Reckitt (RBGLY) were the only 2 cos that submitted bids for Pfizer (PFE) consumer unit. Bloomberg Report.
  • Sunday Times discusses that Glencore (GLNCY) will be subject of GBP 177 mln tax increase related to its cobalt mine. Sunday Times UK Report.
  • CNN discusses that an Amtrak train has hit a CSX (CSX) train in South Carolina and left 2 people dead and over 100 injured. CNN Report.
  • Telegraph details that aerospace customers are supportive of Melrose takeover of GKN PLC (GKNLY). Telegraph Report.
  • Telegraph discusses that Shell (RDS.A) EUR 3 bln deal for Eneco has hit a roadblock. Telegraph Report.
  • Reuters discusses why UPS (UPS) Boeing (BA) 747 order indicates global trade is on the rise. Reuters Report.
  • Automobilwoche reports that Daimler (DDAIF) will begin self driving car testing soon. Automobilwoche Report.
  • Reuters previews Boeing (BA) decision to sell fighter jets to Canada. Reuters Report.
  • FAS profiles comments from Goldman Sachs (GS) exec who expects more M&A following tax reform. FAS Report.
  • FT details how technology related payment cos could be subject of regulation similar to banking industry (XLK, XLF, PYPL). FT Report.
  • Bloomberg details why S Korea is important to crypto currencies (BTC). Bloomberg Report.
  • WSJ discusses that JP Morgan (JPM) has advised clients that healthcare deal is no threat. WSJ Report.
  • WSJ details that Apple (AAPL) Music will soon overtake Spotify in subs. WSJ Report.
  • MacRumors discusses that Apple (AAPL) will look at potential for incoming call delays on iPhone X. MacRumors Report.
  • FT details how JD.com (JD) plans to compete with Amazon (AMZN) in Europe FT Report.

Get our Weekend Reading Summary delivered to your inbox by setting up an e-mail alert for "PRESS" or "WKNDX"