PRE-MARKET | November 28, 2016 | $AMZN, $DG, $TIME, $CUBA, $DTLR, $DX, $COP, $TWTR, $AAPL, $NFLX

1. REPH: $REPH Recro Pharma Reports Positive Top-Line Results from Pivotal Ph III Clinical Trial of IV Meloxicam

2. CUBA:  $CUBA Herzfeld Caribbean Basin Fund Set to Open Higher Following Death of Fidel Castro – SI

3. IDRA:  $IDRA Idera Pharma, Vivelix Pharma Enter Exclusive IMO-9200 Licensing Agreement – Street Insider

4. TIME:  $TIME Time Inc. rejects buyout bid from billionaire Edgar Bronfman Jr. – NYPost

5. CTSH:  $CTSH Elliott Management Sends Letter to Cognizant Technology Outlining Value-Enhancement Plan – Biz Wire

6. FNSR:  $FNSR Needham & Company Upgrades Finisar to Strong Buy; Expect a Beat and Raise

7. COP:  $COP Goldman Sachs Upgrades ConocoPhillips to ‘Buy’ and Adds Stock to Conviction List, $54 PT

8. HZNP:  $HZNP BMO Sees Favorable Risk/Reward for Horizon Pharma Ahead of phase 3 Data for Actimmune in FA

9. EPZM:  $EPZM Epizyme Updates on Clinical Programs; Tazemetostat Granted FDA Fast Track Designation in DLBCL

10. IIIN, LFUS: $IIIN Insteel Industries will replace Littelfuse $LFUS in the S&P SmallCap 600 – SI

11. LFUS, LXK: $LFUS Littelfuse will replace Lexmark $LXK in the S&P MidCap 400 – SI

12. EW: $EW Edwards Lifesciences to buy Israel’s Valtech for up to $690 million – Reuters

13. AYA: $AYA Amaya Founder Finds Additional Hong Kong Funds for Takeover – BBG

14. JNJ: $JNJ Actelion and J&J Are in Talks About Takeover of Swiss Drugmaker – BBG

15. UTX: $UTX Deal for Carrier to Keep U.S. Plant Open May Hinge on Tax Overhaul – WSJ

16. TSLA: $TSLA Tesla’s Model X is ‘fast and flawed,’ Consumer Reports says’ – MarketWatch

17. BA:  $BA Boeing Faces WTO Sanctions – WSJ

18. C:  $C Jefferies Downgrades Citi to Hold

19. HRB:  $HRB BTIG Downgrades H&R Block to Sell; Sees Negative Impact from Trump Administration, $18 PT

1. CNHI:Piper Jaffray Upgrades CNH Global NV $CNHI to Neutral

2. COP:$COP Goldman Sachs Upgrades ConocoPhillips to ‘Buy’ and Adds Stock to Conviction List, $54 PT

3. DE:Piper Jaffray Upgrades Deere to Hold $DE

4. ESS:Evercore ISI Upgrades Essex Property Trust $ESS to Buy

5. FCAU:ISI $FCAU “the day has come to upgrade FCA from Sell to Buy”

6. FNSR:$FNSR Needham & Company Upgrades Finisar to Strong Buy; Expect a Beat and Raise

7. NTES:$NTES upgraded to Buy at Jefferies

8. USB:Jefferies Upgrades U.S. Bancorp $USB to Buy

9. WPX:Deutsche Bank Upgrades WPX Energy $WPX to Buy

1. BCO:Gabelli Downgrades Brinks Co. $BCO to Hold

2. BPFH:Jefferies Downgrades Boston Private Financial $BPFH to Hold

3. C:$C Jefferies Downgrades Citi to Hold

4. CBRL:$CBRL downgraded to Hold at Maxim Group

5. CBRL, DRI:Cracker Barrel , Darden downgraded to hold from buy at Maxim. $CBRL $DRI #stocks

6. CEB:RBC Capital Downgrades Corporate Executive Board to Hold $CEB

7. DRI:$DRI downgraded to Hold at MaximGroup

8. HBAN:Huntington Bancshares Inc. was Downgraded to a Hold Rating at Jefferies $HBAN

9. HIG:Hartford Financial , MetLife downgraded to market perform from outperform at FBR. $HIG…

10. HRB:$HRB BTIG Downgrades H&R Block to Sell; Sees Negative Impact from Trump Administration, $18 PT

11. KRC:Evercore ISI Downgrades Kilroy Realty $KRC to Hold

12. MAR:Evercore ISI Downgrades Marriott International $MAR to Hold

13. MET:FBR Capital Downgrades MetLife $MET to Market Perform

14. PNRA:$PNRA downgraded to Neutral at Wedbush – PT $220

15. RHI:RBC Capital Downgrades Robert Half $RHI to Sector Perform

16. SF:Macquarie Downgrades Stifel Financial $SF to Neutral

17. TUP:Tupperware downgraded ahead of F/X update

18. WFC:$WFC downgraded to Hold @ Jefferies

19. XYL:Boenning & Scattergood Downgrades Xylem $XYL to Neutral

1. REPH:$REPH Reports Positive Top-Line Results From Pivotal Phase 3 Trial of IV Meloxicam

2. HTBX:$HTBX continues its monster run… gapping up 22% in premarket

3. CTSH:$CTSH – Elliott Mgmt. sees $80-$90/share, guessing it is them that are the proud owners of the 30,000 April $55 calls bought recently

4. DXY:USD has popped from early weakness, but some definite evidence of consolidation in both $DXY & $TNX of late

5. IDRA:$REPH $IDRA halted

6. EW:Edwards Lifesciences [EW] Adds to Heart Care Portfolio with Valtech Cardio Acquisition $ew

7. BA:$BA Boeing Faces WTO Sanctions – WSJ

1. Recro Pharma Reports Positive Top-Line Results from Pivotal Phase III Clinical Trial of IV Meloxicam

2. OPEC makes last-ditch bid to save oil deal as tensions grow

3. Actelion’s ambitious independent-minded CEO will drive up takeover price

4. OPEC May Give Trump Energy Goals a Boost

5. Oil Investors Have $490 Billion Riding on Big OPEC Decision

6. Time Inc. rejects buyout bid from billionaire Edgar Bronfman Jr.

7. OPEC’s Last Cut Shows Oil Market Could Get a Whole Lot Messier

1. What we learned when we tracked down and talked to a fake news creator in the suburbs

What that turned into was a state representative in the House in Colorado proposing actual legislation to prevent people from using their food stamps to buy marijuana based on something that had just never happened Coler says.

It was just anybody with a blog can get on there and find a big huge Facebook group of kind of rabid Trump supporters just waiting to eat up this red meat that they about to get served Coler says.

So it seems to be a kind of arbitrary step that they taking either based on I do know if it was my reputation within the industry or specifically the Denver Guardian site that angered them or I do know what it is but back to your question there hundreds of people that will work with me.

2. Any conspiracy theory or McCarthyite attack is permitted in U.S. discourse as long as it involves Russia and Putin.

If readers had the opportunity to visit the site it would have become instantly apparent that this group of ostensible experts far more resembles amateur peddlers of primitive shallow propagandistic clichés than serious substantive analysis and expertise that it has a blatant demonstrable bias in promoting narrative about the world and that it is engaging in extremely dubious McCarthyite tactics about a wide range of critics and dissenters.

It actively calls on Congress and the White House to work our European allies to disconnect Russia from the SWIFT financial transaction system effective immediately and lasting for at least one year as an appropriate response to Russian manipulation of the.

Even more disturbing than the shoddy journalism in this instance is the broader trend in which any wild conspiracy theory or McCarthyite attack is now permitted in discourse as long as it involves Russia and Putin just as was true in the when stories of how the Russians were poisoning the water supply or infiltrating American institutions were commonplace.

3. NPR tracked down the owner of one of the biggest fake news businesses in the country.

What that turned into was a state representative in the House in Colorado proposing actual legislation to prevent people from using their food stamps to buy marijuana based on something that had just never happened Coler says.

It was just anybody with a blog can get on there and find a big huge Facebook group of kind of rabid Trump supporters just waiting to eat up this red meat that they about to get served Coler says.

So it seems to be a kind of arbitrary step that they taking either based on I do know if it was my reputation within the industry or specifically the Denver Guardian site that angered them or I do know what it is but back to your question there hundreds of people that will work with me.

4. if u think fake news and the facebook ecosystem are bad here you should read @sheeraf on what it’s doing in Myanmar

For nearly five decades Myanmar lived under military dictatorships that suppressed all forms of dissent and limited free speech leading to US and European sanctions that largely cut off the country from the rest of the world.

Dozens of people have been jailed for what written on Facebook though human rights groups say the exact number is unknown as many arrests go unreported especially outside the city centers where the legal system is not as closely monitored.

Facebook says constantly thinking about ways to improve digital literacy and that it will soon release a security awareness campaign designed specifically for Myanmar and that worked with local civil liberty groups to publish a pamphlet that includes a translated and illustrated version of its community standards.

5. Apple’s $1 billion site is way behind schedule because 3 people object

You will now receive the Game Plan newsletter vote to leave the European Union has threatened to upend arrangements with one of its largest trading partners while Donald election victory might undermine status as a haven for companies in Europe.

Local supporters fear that Apple may grow impatient prompting community leaders to organize a rally in favor of the project earlier this month.

was a gesture of solidarity with Apple to show that the vast majority of people in the area support the project said Peter Feeney a local councilor with Prime Minister Enda Fine Gael party.

6. “There was strong demand for Xbox hardware, accessories, games and Xbox Live engagement on Black Friday,” says Microsoft. No numbers though

7. Lots of critiques of WaPo story on Russia & fake news. Read them.

A number of the allies that PropOrNot lists on its the investigative blogger Eliot Higgins who runs a research entity called BellingCat that has used crowdsourcing to track Russian government activity in they have never heard of the group.

For example the article refers to what it calls useful idiots as being part of this campaign a group that includes any accounts which regurgitate Russian themes and without necessarily taking direction from Russia or collaborating in a fully informed manner.

The PropOrNot article which the Post said it was given prior to publication reportedly says the Russian campaign worked by harnessing the online fascination with content that is surprising and emotionally potent and tracks with popular conspiracy theories.

8. Note: This describes every website on the Internet, including mainstream media outlets:

One of the themes that has emerged during the controversy over and its role in the election of Donald Trump is the idea that Russian agents of various kinds helped hack the process by fueling this barrage of false news.

A number of the that PropOrNot lists on its the investigative blogger Eliot Higgins who runs a research entity called BellingCat that has used crowdsourcing to track Russian government activity in they have never heard of the group.

The PropOrNot article which the Post said it was given prior to publication reportedly says the Russian campaign worked by the online fascination with content that is surprising and emotionally potent and tracks with popular conspiracy.

9. Adobe noted top-selling electronics were Apple iPads, Samsung 4K TVs, Apple Macbook Air, LG TVs and Xbox

This trend continued into Black Friday as the sales event is currently tracking to bring in billion in revenue which is up percent.

toys included Lego Creator Sets electric scooters from Razor Nerf Guns DJI Phantom Drones and Barbie Dreamhouse.

We still expect Cyber Monday to surpass Black Friday and become the largest online sales day in history with.

10. The story behind the story. Ashton Kutcher and Guy Oseary’s Sound Ventures back Apptopia

The round which was led by Ashton Kutcher and Guy Sound Ventures brings total raise to date to million.

That has led it to attract a number of companies to sign up for its paid service including Google Pinterest Facebook NBC Universal Philips Deloitte Telerik Fyber Airpush Chartboost Startapp SendGrid and others.

Sapir admits to being something of an underdog in the space but one now rapidly growing after nearly having to shut down not too long ago when the marketplace failed.