PRE-MARKET MOVERS
6. XCRA: $XCRA Xcerra Corporation to be Acquired for Approximately $580M by Unic Capital Management Co. – GN
7. BHP: $BHP BHP Billiton Says Costs of Elliot’s Proposals Would Significantly Outweigh Benefits – SI
9. MESO: $MESO Mesoblast shares all a flutter on heart failure trial success – Australian Financial Review
15. AMZN: $AMZN Needham Upgrades Amazon to Buy; U.S. Dominance and International Growth Drive Rating, $1100 PT
16. WFC: $WFC Wells Fargo Claws Back $75 Million More From John Stumpf and Former Retail Bank Head – WSJ
19. GOOGL, LPL: $LPL Google $GOOGL is reportedly investing $875M in LG Display to give the Pixel a curved screen – TC
21. AZN, BMY: $AZN Jefferies DGs AstraZeneca to Hold; Sees Bristol-Myers $BMY as More Logical Consolidation Target
22. NFG: $NFG New York State Executive Branch Agency Denies Permits for Northern Access Pipeline Project – BW
UPGRADES
1. AMZN:$AMZN Needham Upgrades Amazon to Buy; U.S. Dominance and International Growth Drive Rating, $1100 PT
DOWNGRADES
1. AZN, BMY:$AZN downgraded to Hold frm Buy at Jefferies Sees $BMY as more logical consolidation target.
Trending Social Alerts
3. AXON:$AXON halted, news pending
4. TXMD:$TXMD the FDA has identified deficiencies that preclude discussion of labeling and postmarketing requirements/commitments at this time.
5. OMED:$OMED halted, news pending
6. BHP:$BHP BHP Billiton Says Costs of Elliot’s Proposals Would Significantly Outweigh Benefits – SI
8. T:$T AT&T Announces Acquisition Of Straight Path, Valued At $95.63/Share In All Stock Deal
10. RPRX:$RPRX halted, news pending
Trending News Headlines
1. Barclays C.E.O. Investigated Over Treatment of Whistle-Blower
2. Wells Fargo board slams former CEO Stumpf and Tolstedt, claws back millions in pay
3. Matthew Herper on Twitter
4. Axovant Sciences Announces Appointment of Dr. David Hung as Chief Executive Officer and Expansion of Board of Directors
5. ‘Best banker in America’ blamed for Wells Fargo sales scandal
6. Scoop: Trump’s potentially explosive trade play
Executive order could lead to tariffs on products like steel, aluminum and household goods
Technology News
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- Tencent a leading provider of internet services in China joins as a strategic investor bringing experience in linking social networking and.
- We look forward to helping Flipkart to deliver compelling experiences to users throughout India and to contribute to the development of the internet ecosystem there said Martin Lau Tencent President.
- success has also emboldened a generation of Indian startups and entrepreneurial ventures fanning the zeal of entrepreneurs and attracting big investments in the sector.
- As part of an ongoing DoL investigation the government has collected information that suggests the internet search giant is violating federal employment laws with its salaries for women agency officials said.
- Reached for comment Friday afternoon Janet Herold regional solicitor for the DoL said investigation is not complete but at this point the department has received compelling evidence of very significant discrimination against women in the most common positions at Google.
- After the suit was originally filed a company spokesperson claimed that Google had provided of thousands of to the government and that the requests outlined in the complaint were overbroad revealed confidential information or violated privacy.
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- Early and deal values increased QoQ Heightened median deal sizes kept deal value high across all venture stages companies including six unicorns were involved in either completed or filed IPOs last quarter signaling a possible resurgence of public exits.
- Goldman Sach TheGlobalists and Military Industrial Intelligence Complex MIIC cabinet Backtracked on Obamacare Attacked the Freedom Causcus TheMovement Removed Bannon from the NSC Increased involvement in a foreign war Syria Strike.
- TheShadowBrokers is having program for you is calling it the The government will be setting aside Trillion made up borrowed from ourselves debased Federal Reserve dollars to be sending any American resident who wishes regardless of skin color on an all expense paid permanent trip to Africa.
- Why you served search warrant to NYT Washington Post Goldman Sacks Jeff Bezos and all other Globalist for investigation and prosecution of treason sedition and activities during a time of war.
- Recode had contacted the company after hearing of the talks from sources as well as a hiring of Bank of America Merrill Lynch as advisers which came as the San chore service was in the process of raising another round of funding.
- In a Recode Decode podcast last September said the company has been growing quickly and has struck a number of partnerships such as with furniture giant Ikea.
- a former Google exec and a board member at HP took over the top job at TaskRabbit from founder Leah Busque exactly a year ago.
- To push Watson its artificial intelligence platform IBM is now running a true marathon event with a more normal work schedule of three years with a million prize attached.
- Devpost founder Brandon Kessler said recently noticed the rise of nontech companies and live events like Fashion Week in New York seeking to infuse technology into their main business by hosting and sponsoring hackathons.
- Founders sometimes game competitions too using hackathons as a place to launch their mostly baked startup ideas and presenting polished projects that have been a steady focus for months rather than a basic prototype created in a flash of inspiration.
- Alphabet founders Larry Page and Sergey Brin were the first to introduce share structures to tech shortly before the search initial public offering.
- Parker had learned the hard way about losing control of a company In addition to Napster he cofounded the online address book Plaxo and then was fired by his investors.
- Ultimately the challenge with The argument for allowing a small set of founders complete control over their boards is the same one to be made for enabling benevolent dictatorships.
- Then about two weeks later there was a news article about how he went out and killed a mentally handicapped woman and her father and he was just completely insane and he was wearing a cape and a paintball mask at the time.
- You have to put in a little investment if you want to participate and if you a real shithead you going to end up paying Rich like because you keep buying accounts which is good for the site and it also kind of funny to watch really really bad people shell out a lot of money.
- For whatever reason it attracted a group of posters with a unique sense of humor a mix of high and low culture simultaneously crass and sophisticated.