Monday Morning Reads
Reads:
- End is Closer than You Think
- Buying It Up
- Regulators will look into how Boeing (BA) heeded warnings about flight-control-sensor failures related to Lion Air crash. WSJ Report
- China has accused various chipmakers of antitrust violations (MU, SSNLF). FT Report
- Florida has filed a lawsuit against Walgreens (WBA) and CVS (CVS) over sales of opioids. NBC News Report
- Kimberly Clark (KMB) has ended plans to sell European tissue business. FT Report
- Sinclair (SBGI) still having issues with sale. NY Post Report
- Financial Shakeup
- The Week Ahead
News:
- WSJ: Apple cut production orders on new iPhone models
- Nissan seeks to dismiss Ghosn over 'serious misconduct'
- No confidence vote against Theresa May?
- China alleges 'massive' evidence against chipmakers
- JD.com beats by $0.02, misses on revenue
- 'Fantastic Beasts' gives Warner Bros. another win
- Gilead’s Vemlidy for chronic hepatitis B virus approved in China
- Waymo has big headstart in autonomous cars
- Florida sues Walgreens, CVS over opioid sales
- Link tax may shutter Google News in EU
- Sea and Tencent enter into long-term publishing partnership
- Ship Finance International to sell 2002-built VLCC Front Falcon
Futures:
Some of the Top Open Interest Changes for Today:
Premium:
From the Weekend:
- Cautious view on PG&E (PCG) profiled. Barron's Report
- Cautious view on Goldman Sachs (GS). Barron's Report
- Cautious view on China's yuan profiled (FXI). Barron's Report
- Positive view on Amgen (AMGN) profiled. Barron's Report
- Cautious views on RBS, LYG profiled. Barron's Report
- Positive view on Cabot (COG) profiled. Barron's Report
- Positive views on EQT, HAL, SLB, OXY, EOG, RDS.A, CVX, XOM, APC. Barron's Report
- Cautious view on Apple (AAPL) profiled. Barron's Report
- Positive views on KSS, TGT, HD, SO, TIF, WMT, BBY, TJX profiled. Barron's Report
- Apple (AAPL) CEO Tim Cook believes that new regulations in the technology industry are inevitable. Axios Interview
- Facebook (FB) CEO Mark Zuckerberg has a new style that is creating tensions with other execs. WSJ Report
- TreeHouse Foods (THS) plans to auction off trail mix unit. NY Post Report
- Visa (V), Mastercard (MA), and American Express (AXP) will face competition investigation in Brazil. Bloomberg Report
- Amazon (AMZN) has started hiring talent for secret new device. Telegraph UK Report
- Sir Jim Ratcliffe is in discussions to purchase $2.3 bln in Conoco (COP) North Sea oil fields. Sunday Times UK Report
- AstraZeneca (AZN) planning succession plan for CEO. Sunday Times UK Report
- Top energy cos have pledged $100 mln in aid to Texas and New Mexico to assist with healthcare and education (XOM, CVX, RDS.A, EOG). Reuters Report
- Several Democrats concerned about disinformation on social media (FB, TWTR, SNAP). NY Times Report
- Volkswagen (VLKAY) exec believes that Waymo has a 1-2 head start on self driving cars. Reuters Report
- General Electric (GE) considering Iraq power sales. WSJ Report
- Spotify (SPOT) and Pandora (P) considering expanding into podcasts. WSJ Report
- CBS (CBS) and Viacom (VIAB) merger could happen within a few months. NY Post Report
- PG&E (PCG) had another outage on the date that California wildfire started. Reuters Report
- Incoming House Financial Services Committee Chair Rep Maxine Waters wants more rules for international financial companies (XLF, BAC, C, JPM, DB, BCS, CS). Axios Report.