The Market In 5 Minutes: Friday, March 11, 2016

Below is a tool used by the Benzinga News Desk each trading day -- it's a look at everything happening in the market, in five minutes. Apply for daily AM access by clicking here or email minutes@benzinga.com.

Macro Focus

USA Import Prices month-over-month for February came in at -0.30 percent vs. -0.60 percent estimates. The prior reading was -1.10 percent. USA Export Prices for the same time period came in at -0.40 percent vs. -0.50 percent estimates. The prior reading was -0.80 percent.

Moody's placed Macau's Aa2 ratings on review for downgrade. Moody's review will assess the extent of the impact of a prolonged decline in gaming revenues, a key driver for Macao's economy. Moody's expects to complete the review within three months.

Japan's Economy Minister Nobuteru Ishihara said Bank Of Japan Governor Haruhiko Kuroda said it will take time for negative rates to have an impact.

Treasuries are set to decline for the third week in a row "as speculation of higher interest rates this year from the Federal Reserve gathered momentum."

Gas prices skyrocketed overnight, and the national average is expected to breach $1.90/gallon on Friday.

BZ Desk Focus

Why weren't investors invited to Apple's AAPL March 21 event?

American Express AXP Investor Day: The company acknowledged long-term revenue growth will be challenged. Multiple analysts weigh in on the news.

Sell-Side Themes

Diamond Offshore DO received a pair of upgrades from Piper Jaffray's Simmons and Goldman Sachs.

JPMorgan and Macquarie had a lot to say about lodging.

Sell-Side's Most Noteworthy Calls

Sterne Agee CRT downgraded Wynn Resorts WYNN to Netural.

Goldman removed Total SA TOT from its Buy list.

Hertz HTZ was upgraded to Overweight at Morgan Stanley.

Brean still thinks Zumiez ZUMZ is Best-In-Class, saying the company is better positioned than it was a year ago.

Deal Talk

ANI Pharmaceuticals ANI will acquire Inderal LA assets from Cranford Pharmaceuticals.

WNS (Holdings) Limited will acquire Value Edge Research Services for $17.5 million.

Marvell MRVL responded to comments that Avago Technologies may purchase the company. Marvell said it "has not been and is not engaged in discussion with Avago."

Academia

A new study from the New England Journal of Medicine says there's now a procedure that allows kidney transplant from any donor.

Science recently published how a team of Japanese scientists found a species of bacteria that eats the type of plastic found in most disposable water bottles.

Blogosphere

The Reformed Broker Josh Brown asked, "When do you want your risk, now or later?" Read about his take on risk and volatility.

James Altucher is back at it again. This time, he's saying the Untied States should abolish the presidency. Do you agree?

A Reddit thread about bringing peer-reviewed trading to the masses has been blowing up.

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