PRE-MARKET MOVERS

 

UPGRADES

2. BAC:$BAC Upgrade DJ Bank of America Raised to Outperform From Market Perform by Keefe Bruyette & Woods Tue Nov 29 05:46:52 2016 EDT
4. PFE:$pfe upgraded to overweight by Barclays
5. TSCO:$TSCO gapping higher on zero volume on an upgrade from Northcoast , upgrading to BUY with a $102 price tgt
6. VCYT:$VCYT upgraded to Buy from Neutral at Janney

 

DOWNGRADES

11. SGEN:$SGEN downgraded to Equal-Weight from Overweight at Barclays
14. VRTX:$VRTX downgraded to Equal-Weight from Overweight at Barclays
15. WEN:$WEN downgraded to Neutral at Goldman Sachs
17. X:$X downgraded to Hold at Argus Research

 

EARNINGS

 

Trending Social Alerts

2. X:Good start to the day with $X down over $1.20,
3. TIF:Tiffany Q3 EPS $0.76, Revenue $949M vs $927M Est $TIF
4. MTSC:$MTSC Halted, news pending
8. CL_F:Crazy 80 cent drop in crude futures $CL_F
9. USO:iranian oil minister says will not cut production. $USO $CL_F

 

Trending News Headlines

1. CytRx CEO Pockets Millions of Dollars as Failed Sarcoma Drug Moves to FDA

CytRx announced a plan Tuesday to seek U.S. marketing approval of aldoxorubicin based more on hocus-pocus than credible science.

2. In OPEC Poker Game, Iran and Iraq Call Saudi Arabia’s Bluff

For decades, Saudi Arabia has had its way at OPEC. All of a sudden the position has turned: Riyadh finds its power waning against a resurgent Iran and Iraq.

3. Exclusive: ECB ready to buy more Italian bonds if referendum rocks market – sources

The European Central Bank is ready to temporarily step up purchases of Italian government bonds if the result of a crucial referendum on Sunday sharply drives up borrowing costs for the euro zone’s largest debtor, central bank sources told Reuters.

4. Don’t Be Surprised When Activision Blizzard CEO Does a Big Deal

Activision Blizzard Inc. is giving Chief Executive Officer Robert Kotick major financial incentives to do deals — a form of compensation that’s become increasingly unusual amid investor scrutiny.

5. Iran, Iraq at loggerheads with Saudis ahead of OPEC meeting

Iran and Iraq are resisting pressure from Saudi Arabia to curtail oil production, making it hard for the Organization of the Petroleum Exporting Countries to reach a global output-limiting deal when it meets on Wednesday.

6. Amazon Said to Plan Premium Alexa Speaker With Large Screen

Amazon.com Inc. is developing a premium Echo-like speaker with a screen, a sign the world’s largest online retailer is trying to capitalize on the surprise success of its voice-controlled home gadgets and fend off competition from Google and Apple Inc.

7. Jeweler Tiffany posts first sales rise in eight quarters

Tiffany & Co (TIF.N) reported its first rise in sales in eight quarters as strong sales in Japan and China more than offset a decline in the United States, its biggest market.

8. In OPEC’s High-Stakes Poker Game, Iran and Iraq Call Saudi Bluff

For decades, Saudi Arabia has had its way at OPEC. All of a sudden the position has turned: Riyadh finds its power waning against a resurgent Iran and Iraq.

9. Trillium Therapeutics Announces Conference Call and Webcast on December 5th to Discuss TTI-621 Data Presented at ASH

Trillium Therapeutics Inc. , a clinical stage immuno-oncology company developing innovative therapies for the treatment of cancer, today announced that it will host a conference call and webcast at 8:30 …

Technology News

    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.
    ET CNN has acquired startup Beme a social media app launched last year by popular YouTube star Casey Neistat the network announced Monday.
    The Beme app which allowed users to shoot and share quick unedited video clips had an auspicious start thanks in large part to diehard social media following.
    The Beme app will be shuttered with the employees joining CNN to form a separate technology unit focusing on the new media venture and wider mobile video efforts.
    Tomorrow the White House will partner with Stanford University and the Chan Zuckerberg Initiative a limited liability corporation launched by the CEO of Facebook and his wife to the Summit on Poverty and Opportunity a event held on the campus.
    The list of attendees and speakers also includes CEO Steve Ballmer White House CTO Megan Smith formerly a top executive at Google Martin Ford author of two books on automation including Rise of the Robots Marian Edelman founder of the Defense Fund Nobel economist Ken Arrow and Bryan Desloge president of the National Association of Counties who backed Donald Trump in the presidential election and has participated in a previous White House summit on poverty.
    This event comes at a time when tech moguls like Mark Zuckerberg and Sean Parker have been subject to increased scrutiny for their approach to doing good which eschews nonprofit foundations for traditional investment vehicles labeled as philanthropy.
    CNN announced on Monday that it had agreed to acquire the technology and talent behind Beme the social media app built and started by Neistat and Matt Hackett a former vice president of engineering at Tumblr.
    Beme saw early traction especially among avid personal following but failed to capture a large part of the social sharing market amid competitors like Instagram Facebook and others.
    AMC the network known for the hit series Walking Dead announced this month that it had taken a minority stake in Funny or Die the digital comedy site founded by Will Ferrell and Adam McKay.
    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.
    At an event in New York City today AT T has announced that its mobile subscribers will be able to stream its new DirecTV Now service without using their data.
    AT T is just the latest to challenge the ruling but with a new and likely more lenient administration at least on net neutrality the bet to go against the FCC may just pay off.
    DirecTV Now will be available on November and will offer over channels starting at a month for a limited time.
    The incident is one of several examples including threats of regulation and attempts to prosecute chief executive Mark Zuckerberg of how Germany has become an important test case globally for how the social network polices what may be published online and how it should respond to inappropriate and illegal content.
    a mural by Günther Schaefer that depicts a Star of David on a German flag is painted on the remains of the Berlin Phil Moore for The New York Times recognize that this is a work in progress Richard Allen director of policy in Europe said in an interview.
    Jun recently filed a complaint with Munich authorities seeking prosecution of Zuckerberg and other senior Facebook executives on charges they failed to sufficiently tackle the widespread wave of hate speech in Germany.
    At an event in New York City today AT T has announced that its mobile subscribers will be able to stream its new DirecTV Now service without using their data.
    AT T is just the latest to challenge the ruling but with a new and likely more lenient administration at least on net neutrality the bet to go against the FCC may just pay off.
    DirecTV Now will be available on November and will offer over channels starting at a month for a limited time.
    Tomorrow the White House will partner with Stanford University and the Chan Zuckerberg Initiative a limited liability corporation launched by the CEO of Facebook and his wife to the Summit on Poverty and Opportunity a event held on the campus.
    The list of attendees and speakers also includes CEO Steve Ballmer White House CTO Megan Smith formerly a top executive at Google Martin Ford author of two books on automation including Rise of the Robots Marian Edelman founder of the Defense Fund Nobel economist Ken Arrow and Bryan Desloge president of the National Association of Counties who backed Donald Trump in the presidential election and has participated in a previous White House summit on poverty.
    This event comes at a time when tech moguls like Mark Zuckerberg and Sean Parker have been subject to increased scrutiny for their approach to doing good which eschews nonprofit foundations for traditional investment vehicles labeled as philanthropy.
    In April of this year Steve Hill executive director of the Nevada Office of Economic Development GOED wrote an email to Jude Hurin the administrator in charge of autonomous vehicle AV regulation at the DMV.
    Otto had now come full circle from a tiny startup intent on disrupting taxis in Las Vegas to maverick autonomous truckers to a key part of the biggest company on the planet.
    The testing facility a wholly owned subsidiary called Nevada ATCF LLC received its license from the DMV at the end of September and is currently hiring staff and remodeling a building in southwest Las Vegas.

 

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