Alibaba’s Finance Arm Tours Silicon Valley as It Preps for IPO
https://www.bloomberg.com/news/articles/2016-12-07/alibaba-s-finance-arm-tours-silicon-valley-as-it-preps-for-ipo
Wednesday’s Pre-Market Look: Stocks In The News Before The Open
Wendy’s (WEN) – Nelson Peltz’s Trian increased its stake in the restaurant chain to 23.45 percent from the prior 15.6 percent. Southwest Airlines (LUV) – The air carrier reported a 7.2 percent increase in revenue passenger miles in November from a year earlier. Lowe’s (LOW) – The home improvement retailer reiterated its prior guidance for…
Americans Are Paying Apple Millions To Shelter Overseas Profits
https://www.bloomberg.com/graphics/2016-apple-profits/
Stranded money: Investors can face peril when ETNs delist
http://www.reuters.com/article/us-usa-investing-etn-idUSKBN13U2RX
Microsoft gains EU approval for $26 billion buy of LinkedIn
http://www.reuters.com/article/us-lnkin-corp-m-a-microsoft-eu-idUSKBN13V205
Japan business mood brightens as yen weakens: Reuters Tankan
http://www.reuters.com/article/us-japan-economy-tankan-idUSKBN13V2UR
SoftBank shares jump after CEO says to invest $50 billion in U.S.
http://www.reuters.com/article/us-usa-trump-softbank-stock-idUSKBN13W01E?il=0
Required Reading
Repealing Obamacare to be first on Senate agenda in 2017 Trump on Boeing’s Air Force One contract: ‘Cancel order! Los Angeles heightens security after threat to metro system U.S. Supreme Court backs Samsung in smartphone fight with Apple
The Morning Look
Market Update: Stock futures are quiet before Wednesday’s open as investors wait for Tomorrow’s ECB meeting and then next week’s Fed meeting. Gary’s Thoughts: Down a wee bit but for us, the bigger story that Trump was named Time man of the year…BUT…in that interview states he is going to bring down the price of…