IN THE NEWS
BENZINGA
Investors who think that Walt Disney Co DIS's main growth drivers are movies, toys, or ESPN are wrong: Link
There is little doubt that e-commerce continues to gain traction and is becoming a preferred method of shopping for more consumers. But there is one problem few investors are discussing, a CNBC report noted: the surging cost of warehouse and distribution centers: Link
When a world champion athlete joins the board of a micro-cap company, it is sure to raise some eyebrows: Link
THE WALL STREET JOURNAL
When tech industry executives gather at the White House Monday, brainstorming ways to modernize government will be on the agenda. But on display will be President Donald Trump’s evolving relationship with America’s corporate chieftains: Link
With Amazon.com AMZN wheeling sharply into the grocery aisle, the business of selling food may never be the same: Link
Three years after the price of crude began its rapid descent, the oil industry and investors are finally resigned to the idea of lower prices for longer, potentially ending a period of crisis for the sector: Link
REUTERS
Investors are hoping the Federal Reserve will allow big U.S. banks to put an estimated $150 billion in idle capital toward stock buybacks, dividends and profit-boosting investments in the coming weeks after conducting a regular examination of financial strength: Link
Alphabet Inc's GOOGL Google will implement more measures to identify and remove terrorist or violent extremist content on its video sharing platform YouTube, the company said in a blog post on Sunday: Link
BLOOMBERG
In two decades as the sales boss at Airbus SE, John Leahy has racked up a staggering $1 trillion-plus in orders ranging from diminutive A318s that list for about $75 million up to the double-decker A380, with a price tag topping $400 million: Link
Even as the euphoria over bitcoin reached a fever pitch last week as the price surged to almost $3,000, slow transaction times and inertia are helping to prevent it from achieving widespread usage: Link
NY POST
An Uber report showed the board allowed a total lack of “very basic Human Resource functions…” In other words, nobody at Uber gave a damn: Link
ECONOMIC DATA
- New York Federal Reserve Bank President William Dudley is set to speak in Plattsburg, NY at 8:00 a.m. ET.
- The Treasury is set to auction 3-and 6-month bills at 11:30 a.m. ET.
- President Federal Reserve Bank of Chicago Charles Evans will speak in New York City at 7:00 p.m. ET.
ANALYST RATINGS
- Longbow Research upgraded U.S. Steel X from Neutral to Buy
- UBS upgraded Biogen BIIB from Sell to Neutral
- Credit Suisse upgraded Athene Holding ATH from Neutral to Outperform
- Credit Suisse downgraded Trip Advisor TRIP from Neutral to Underperform
- Deutsche Bank downgraded Costco COST from Buy to Hold
- Piper Jaffray downgraded Atwood Oceanics ATW from Overweight to Neutral
This 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. To get the full version of this note every morning, click here or email minutes@benzinga.com.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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