Exxon Bets Big on American Oil @FoxBusiness
http://www.foxbusiness.com/markets/2017/01/18/exxon-bets-big-on-american-oil.html
Mnuchin Not in Favor of Cutting Federal Ties with Fannie, Freddie @FoxBusiness
http://www.foxbusiness.com/markets/2017/01/19/mnuchin-not-in-favor-cutting-federal-ties-with-fannie-freddie.html
Boston-area hedge fund accused of fraud, misuse of investors’ money
http://www.reuters.com/article/us-hedgefunds-massachusetts-fraud-idUSKBN1522CU
U.S. regulator finds no evidence of defects after Tesla death probe
http://www.reuters.com/article/us-tesla-safety-idUSKBN1532F8
Bankers expect Britain to back Brexit transition calls
http://www.reuters.com/article/us-davos-meeting-barclays-idUSKBN1530VG
Thursday’s Closing Look
Stocks fell on Thursday as investors digested the latest round of economic and earnings data. Shares of Netflix (NFLX) gapped up after the company said it is investing $1 billion in original content and posted strong subscriber growth. Several Trump cabinet nominees testified before Congress and so far everything seems to be going smoothly. Economic news…
Friday’s Pre-Market Look: Stocks In The News Before The Open
Amazon.com (AMZN) was rated a new ‘Buy’ at Aegis with a price target of $953. Goldman Sachs (GS) was upgraded to ‘Market Outperform’ from ‘Market Perform’ at Vining Sparks with a 12-month target price of $255. Pioneer Natural Resources (PXD) was upgraded to ‘Overweight’ from ‘Neutral’ at MUFG Securities Americas with a 12-month target price…
Wikileaks’ founder Assange says stands by U.S. extradition offer
http://www.reuters.com/article/us-usa-justice-manning-assange-idUSKBN1532T6
The Morning Look
Market Update: Stock futures are quiet before Friday’s open as investors digest the latest round of earnings data and wait for the inauguration. Gary’s Thoughts: IBM down a couple on no growth. SWKS up nicely on no growth. AXP down couple percent…same for GE. Futures up decently on this, inauguration day. Economic Calendar: Harker Speaks…
U.S. investors see more automation, not jobs, under Trump administration leftright 3/3leftright
http://www.reuters.com/article/us-usa-funds-automation-idUSKBN1530JW