PRE-MARKET MOVERS
2. LIFE: 
$LIFE FDA Grants Fast Track Designation for aTyr’s Resolaris™ & Removes Partial Clinical Hold – PRN
$LIFE FDA Grants Fast Track Designation for aTyr’s Resolaris™ & Removes Partial Clinical Hold – PRN4. SHLO: $SHLO Shiloh posts 4Q profit – AP
$SHLO Shiloh posts 4Q profit – AP8. QCOM: $QCOM Bernstein Wonders About Qualcomm FTC Lawsuit: Is It A Knife In The Heart Or Just A Paper Cut?
$QCOM Bernstein Wonders About Qualcomm FTC Lawsuit: Is It A Knife In The Heart Or Just A Paper Cut?9. AAPL, QCOM: $QCOM Qualcomm allegedly bribed Apple $AAPL into not making a WiMAX iPhone – TheVerge
$QCOM Qualcomm allegedly bribed Apple $AAPL into not making a WiMAX iPhone – TheVerge19. TWTR: $TWTR Twitter is phasing out the “Buy” button, will continue to offer donations – TechCrunch
26. JCP: 
$JCP CS DGs J. C. Penney to Underperform, Says Limited Topline Opportunities Delay Turnaround
$JCP CS DGs J. C. Penney to Underperform, Says Limited Topline Opportunities Delay Turnaround32. CCJ: $CCJ Cameco shares fall after uranium giant warns that analyst estimates are too high – CTVNews
$CCJ Cameco shares fall after uranium giant warns that analyst estimates are too high – CTVNews
UPGRADES
DOWNGRADES
1. ADHD:$ADHD downgraded to Hold from Buy at Jefferies. PT $1.25
5. JCP, JWN, KSS:Credit Suisse positive on JWN, downgrades for JCP and KSS
EARNINGS
Trending Social Alerts
1. CLCD:$LLY and $CLCD Announce Agreement for Lilly To Acquire CoLucid for $960M $46.50/share
2. LLY:$LLY $CLCT Eli Lilly to Pay $960M to Acquire CoLucid 46.50/sh -Dow Jones
4. C:Citi Reports Q4 EPS $1.14 vs $1.12 Est., Sales $17B vs $17.3B Est. $C
5. GS:$GS reports 4Q 2016 net earnings of $2.35 bn, diluted earnings/common share of $5.08, and annualized ROE of 11.4%
6. FGEN:$FGEN reiterated with an outperform at Credit Suisse. $44 TP
7. REXX:[RE: $REXX]: reviewing the Two-Year Financial and Operational Plan [and Financial Update]
8. PRTK:$PRTK Completes Enrollment in Omadacycline P3 Community-Acquired Bacterial Pneumonia Study. Top line data Q2 2017
Trending News Headlines
1. Goldman Sachs Earnings Climb as Trading Outpaces Expectations
2. U.S. sues JPMorgan for alleged mortgage discrimination
3. OPEC Says Oil Output Fell After Production Deal, But U.S. Output Rising
4. Lilly and CoLucid Pharmaceuticals Announce Agreement for Lilly To Acquire CoLucid (NYSE:LLY)
5. Citigroup earnings outstrip Wall Street’s forecasts, but revenue is light
Citigroup on Wednesday reported a quarterly profit $1.14 a share on revenue of $17.012 billion.
6. Broadcom (AVGO): Brocade Boosts Potential Upside to $250/sh – RBC
7. Apple Q1 iPhone Fears Are Overblown, iPhone 10 Likely To Be A Big Deal – Cowen
8. Goldman Sachs Results Surge on Trading Bounce
9. Morgan Stanley Cuts Amazon’s (AMZN) Consolidated Segment Operating Income By 16% For 2017, 13% For 2018
10. Frederik Ducrozet on Twitter
“I have a simplified version of this ECB preview fwiw.”
11. Goldman Sachs Results Surge on Trading Bounce
12. Target Cuts Forecast as Holiday Pain Spreads to Discounters
13. Target cuts fourth-quarter forecast due to weak holiday sales
14. Goldman Sachs (GS) Tops Q4 EPS by 26c
15. OPEC sees smaller oil glut, upbeat on non-OPEC cut compliance
Technology News
- The Wall Street Journal and Dow Jones VentureSource are tracking private companies valued at billion or more.
- Note This chart only includes companies that are privately held have raised money in the past four years and have at least one firm as an investor.
- Only valuations confirmed by VentureSource or The Journal are included based on direct investments not secondary deals.
2. The old AOL playbook: Facebook looks like it’s going to stop paying publishers to make live videos
- That change in priorities seems to signal a shift away from produced live video which was a huge point of emphasis for the company in and something pushed heavily by CEO Mark Zuckerberg.
- The issue is that the amount of money Facebook paid for these live videos at most million to big publishers like BuzzFeed but often much smaller figures according to the Wall Street Journal was not significant enough to merit the time and resources it took to produce them.
- Sources say Facebook never intended for these paid deals to be a longterm solution to getting live content but now pulling that subsidy without a clear revenue alternative in place.
- While there is still excitement throughout the technology industry over virtual reality most headsets including those from Oculus are not selling in big numbers because of high prices and limited content for them.
- In response to questioning from the lawyer for Facebook Zuckerberg said that the company spends weeks months or even years thinking about the issues that lead it to make acquisitions.
- He said Facebook which has also acquired Instagram and WhatsApp believes that negotiating deals quickly is important in an environment where it is often competing with companies like Google Apple and Twitter.
- Listening to your feedback inspired us to introduce a new focused on helping you connect around shared interests a little over a year ago.
- To help you see more of the stuff you care about adjusted to make the best use of your screen size and show you less white space and more posts.
- Our aim is to make the best place to connect around the things you care about so please use the link in the apps and on the web to keep the feedback coming.
- More Hewlett Packard Enterprise eWeek The Register SiliconANGLE ZDNet TechCrunch PCWorld Tech Trader Daily Reuters Wall Street Journal Silicon Valley Business and Fortune Chelsea Manning to be freed on May rather than in after Obama commutes bulk of sentence WASHINGTON President Obama on Tuesday largely commuted the remaining prison sentence of Chelsea Manning the army intelligence analyst convicted of an enormous leak.
- See also Mediagazer More ZDNet CNET Macworld International Business Times iMore Tech Times TechSpot SiliconBeat USA Today Cult of Mac AppleInsider BetaNews TechCrunch The Guardian Business Insider iPhone in Canada Blog TechnoBuffalo Mashable Fortune The Register The Guardian Telegraph Patently Apple iLounge MacRumors Seeking Alpha The Verge Engadget Reuters Bloomberg Nuclear Bits FACT Magazine The Next Web Inquirer Ubergizmo and Neowin More Simplygon The Official Microsoft Blog VentureBeat SiliconANGLE Digital Trends UploadVR DualShockers Windows Central The Tech Portal Fortune CNET On MSFT TechCrunch Microsoft and More Digital Trends Fortune New York Magazine Engadget Tubefilter Nieman Lab iMore Seeking Alpha and SocialTimes Tweets mgsiegler holmesdm karaswisher thebeff clarajeffery ourmaninchicago alexckaufman rosssheingold pkafka scotthensley kantrowitz jbenton dcseifert cwarzel and caseyjohnston.
- More The Next Web VentureBeat ZDNet Wired SlashGear TechCrunch Latest iPhone Hacks Digital Trends Macworld Ubergizmo CNET MacStories The Verge Insanely Great Mac Fast Company and Peter Reality Check More Telegraph Neowin Naked Security Tech Times International Business Times TechnoBuffalo Digital Trends GeekWire ZDNet TechSpot BGR TechCrunch SlashGear Roadshow The Tech Portal Mashable and Silicon Republic More PR Newswire Windows Central GeekWire Engadget On MSFT Recode InfoWorld The Tech Portal SiliconANGLE The Seattle Times TechCrunch Tech Times GeekTime Neowin The Verge and Seeking Alpha.
- Chairman and Managing Director of Biocon India largest Biotechnology company.
- The FTC alleges that Qualcomm has used its dominant position as a supplier of certain baseband processors to impose onerous and anticompetitive supply and licensing terms on cell phone manufacturers and to weaken competitors.
- According to the complaint by threatening to disrupt cell phone supply of baseband processors Qualcomm obtains elevated royalties and other license terms for its patents that manufacturers would otherwise reject.
- The FTC alleges that this tactic forces cell phone manufacturers to pay elevated royalties to Qualcomm on products that use a baseband processors.
- Qualcomm the biggest maker of semiconductors for mobile phones disclosed in that the Federal Trade Commission was investigating its licensing practices and said an enforcement action could lead to a fine or changes to its business.
- The FTC investigation focuses on a process where companies get together to develop industry standards so devices from different manufacturers can interoperate so for instance data sent from an Apple phone can be received and understood by one made by Samsung Electronics Co.
- President Barack administration overturned the ban citing concerns that some patent owners could engage in up meaning they would demand unreasonably high royalties under threat of withholding use of basic technology needed to make a phone work.
- After Bloomberg News revealed specifics about offering size and target market valuation of at least billion Snap executives scolded the IPO underwriters assuming the bankers were responsible for the leaks according to people familiar with the matter.
- The last major social media debut Twitter generated a lot of excitement on Wall Street but the company later performance proved that a popular influential product necessarily indicate revenue and user growth.
- The company rely heavily on data to make its decisions and Spiegel a fan of hiring product managers who do user testing to figure out what will work said employees who declined to be identified because they were not authorized to speak.
