Chinese Companies Rush to Trademark ‘Ivanka’ for their Businesses @FoxBusiness
http://www.foxbusiness.com/markets/2017/02/21/chinese-companies-rush-to-trademark-ivanka-for-their-businesses.html
Snap arrives in London to woo skeptical investors ahead of IPO
http://www.reuters.com/article/us-snap-ipo-idUSKBN15Z1SI
Wells Fargo fires four executives amid probe into account scandal
http://www.reuters.com/article/us-wells-fargo-accounts-idUSKBN1602DP
Wednesday’s Pre-Market Update: Stocks In The News Before The Open
Ralph Lauren (RL) was downgraded to ‘Underweight’ from ‘Neutral’ at Atlantic Equities LP with a price target of $68. Cavium (CAVM) was rated a new ‘Buy’ at MKM Partners with a 12-month price target of $77. XPO Logistics (XPO) rallied over 3% in after-hours trading after it reported Q4 adjusted EPS of 24 cents, higher…
Britain faces ‘very hefty’ Brexit bill, years of talks, Juncker says
http://www.reuters.com/video/2017/02/21/britain-faces-very-hefty-brexit-bill-yea?videoId=371166625&videoChannel=5
Tuesday’s Closing Look
Stocks were closed on Monday for the Holiday. On Tuesday, stocks rallied nicely as investors continued to buy stocks. The White House announced Monday that Lieutenant General H. R. McMaster will become the new national security advisor. McMaster replaces Michael Flynn, who resigned last week. Economic news was light. The flash read on the IHS Markit…
Mortgage applications fall 2% as buyers are slow to start spring shopping season
http://www.cnbc.com/2017/02/22/mortgage-applications-fall-as-buyers-are-slow-to-start-spring-season.html
Wednesday’s Morning Look
Market Update: Stock futures are lower ahead of Wednesday’s open as the market continues to flirt with record highs. Gary’s Thoughts: Look at that…we are down at the open. We don’t have to tell you markets are just way overdue for sitting or pulling in…which would be normal and not a bad thing. Economic Calendar:…
U.S. Treasury chief tells IMF he expects ‘frank and candid’ forex analysis
http://www.reuters.com/article/us-usa-treasury-imf-idUSKBN1602GC