$CAT BMO Capital Upgrades Caterpillar to Outperform, $125 PT

1. WBMD:  $WBMD WebMD to be bought by KKR’s Internet Brands for $2.8 billion – MW

2. NDRM:  $NDRM Mitsubishi Tanabe Pharma to buy Israel’s Neuroderm for $1.1 billion – Reuters

3. GNCA:  $GNCA Genocea Reports Positive Top-Line 12-Month Phase 2b Data for GEN-003 in Genital Herpes – GN

4. LLY, NKTR:  $NKTR Eli Lilly $LLY offers $400M-plus deal to bag an early-stage autoimmune drug from Nektar – Endpts

5. ARNC:  $ARNC Arconic Tops Q2 EPS by 6c; Raises Guidance – SI

6. P:  $P Pandora Trades Higher as Spotify Said Close to Licensing Pact with Warner, U.S. Listing – SI

7. NRZ, OCN:  $OCN New Residential $NRZ and Ocwen come to terms on MSR transfers – SA

8. VFC:  $VFC VF Corp. shares rise after earnings, revenue beat expectations- MW

9. FMSA:  $FMSA Fairmount Santrol Signs Long-Term Lease for Development of Permian Basin Sand Facility in Texas

10. HAL:  $HAL Halliburton revenues rebound by almost 30% – FT

11. AMID:  $AMID American Midstream to sell propane business for $170 mln – BW

12. CAT:  $CAT BMO Capital Upgrades Caterpillar to Outperform, $125 PT

13. NVCR: $NVCR Novocure Announces a Ph 1b Clinical Trial to Evaluate the Safety of Marizomib and Temozolomide

14. RETA: $RETA Reata Pharma Reports Bardoxolone Methyl Shows Improved Kidney Function in Ph 2 of Cardinal Study

15. CNCE, VRTX: $CNCE Concert Termination of HSR Act Waiting Period for CTP-656 Asset Purchase Agreement w Vertex $VRTX

16. AZUL: $AZUL Azul Appoints John Rodgerson as CEO and Alex Malfitani as CFO – SI

17. SGMS: $SGMS Scientific Games Reports 2nd Q 2017 Results & Announces Intent to Refinance Portion of Debt -MW

18. AMZN: $AMZN Amazon Is Said to Bid for Indian Payments Business FreeCharge – BBG

19. GS:  $GS UBS Downgrades Goldman Sachs to Neutral, $230 PT

20. SWKS:  $SWKS Stanley Black & Decker raises outlook after results beat views – MW

21. RH:  $RH Citi Downgrades Restoration Hardware to Neutral, $76 PT

22. SAM:  $SAM GS Downgrades Boston Beer Company to Sell, Negative FY2017/2018/2019 EPS Revisions, $110 PT

23. SRPT:  $SRPT Sarepta Therapeutics Plans $250M Public Offering of Common Stock; CEO to Buy $2M in Stock – SI

24. HAS:  $HAS Hasbro earnings beat forecasts, revenue falls short – MW

25. BPMX:  $BPMX BioPharmX sells shares to institutional investors at $0.36 – SA

26. HIBB:  $HIBB Hibbett Sports issues profit warning, citing ‘very challenging sales trends’ – MW

27. CYTX: $CYTX Cytori Announces Results from STAR Trial of Habeo™ Cell Therapy in Patients with Scleroderma

1. CAT:$CAT BMO Capital Upgrades Caterpillar to Outperform, $125 PT

2. CRHM:Scotiabank Upgrades CRH Medical $CRHM to Sector Outperform

1. AMTD, ETFC, SCHW:Schwab downgraded at Nomura

2. GS:$GS UBS Downgrades Goldman Sachs to Neutral, $230 PT

3. GS, MS:Goldman Sachs downgraded to Neutral from Buy at UBS $GS $MS

4. RH:$RH Citi Downgrades Restoration Hardware to Neutral, $76 PT

5. SAM:$SAM GS Downgrades Boston Beer Company to Sell, Negative FY2017/2018/2019 EPS Revisions, $110 PT

6. STZ:Goldman Sachs Downgrades $STZ to Neutral

1. SWK:$SWK reports FQ2 earnings of $2.01 EPS and $3.23B Revs –

2. HAS:$HAS reports FQ2 earnings of 52c EPS and $972.51M Revs –

3. HLX:$HLX reports FQ2 earnings of -4c EPS and $150.33M Revs –

4. RPM:$RPM reports FQ4 earnings of $1.02 EPS and $1.49B Revs –

5. VFC:$VFC reports FQ2 earnings of 29c EPS and $2.36B Revs –

6. VFC:$VFC reports inline with the Estimize EPS Consensus and beats the Estimize Revenue Consensus by $81.99M –

7. SGMS:$SGMS reports FQ2 earnings of -44c EPS and $766.30M Revs –

8. HAL:$HAL reports FQ2 earnings of 27c EPS and $4.96B Revs –

9. CALM:$CALM reports FQ4 earnings of -62c EPS and $274.58M Revs –

10. MAN:$MAN reports FQ2 earnings of $1.72 EPS and $5.15B Revs –

11. SALT:$SALT reports FQ2 earnings of -19c EPS and $37.74M Revs –

12. ITW:$ITW reports FQ2 earnings of $1.66 EPS and $3.60B Revs –

13. ITW:$ITW reports inline with the Estimize EPS Consensus and misses the Estimize Revenue Consensus by $20.34M –

14. PETS:$PETS reports FQ1 earnings of 45c EPS and $79.66M Revs –

15. CHCO:$CHCO reports FQ2 earnings of 94c EPS and $46.18M Revs –

16. LII:$LII reports FQ2 earnings of $2.83 EPS and $1.10B Revs –

1. WBMD:$WBMD deal $66.50/share cash, $2.8B Deal from $KKR

2. CYTX:$CYTX Announces Top-Line 24- and 48-Week Results from the STAR Trial of Habeo Cell Therapy in Patients with Scleroderma #Fail

3. NKTR:Nektar Therapeutics $NKTR Halted, News Pending

4. CAT:$CAT

5. P:$P

6. SRPT:$SRPT $250M offering

7. HIBB:Hibbett Sports $HIBB – a member of our Death By Amazon index – already down 57% in last 8 mths,- is set to open dow…

1. Sarepta Therapeutics Announces Proposed $250 Million Public Offering of Common Stock

2. WebMD to be acquired by KKR for $66.50 a share in cash

3. Genocea Reports Positive Top-Line 12-Month Phase 2b Data for GEN-003 in Genital Herpes

4. Five Things You Need to Know to Start Your Day

1. AlphaGo was a “Sputnik moment” for China, provoking country’s just-announced national AI strategy, reports NYT

The plan comes with China preparing a national investment initiative to support projects and academic research in according to two professors who consulted with the government about the effort.

In the final stage by China will the premier artificial intelligence innovation center which in turn will a new national leadership and establish the key fundamentals for an economic great.

While the language in Chinese industrial policy can sound stodgy and the targets overly ambitious Beijing takes its economic planning seriously.

2. The “Tesla of the Seas” is scheduled to start sailing in late 2018

ET Dubbed by shipping executives the of the Seas the Yara Birkeland now under development is scheduled in late to start sailing fertilizer miles down a fiord from a production facility to the port of Larvik.

The Birkeland is being jointly developed by agriculture firm Yara International ASA and Kongsberg Gruppen AS A which builds guidance systems for civilian and military uses.

Petter Ostbo head of production who leads the project said the company would look to invest in bigger ships and use them for longer routes once international regulations are in place for crewless vessels.

3. While US cuts back on science spending… Beijing Wants A.I. to Be Made in China by 2030 @nytimes

The plan comes with China preparing a national investment initiative to support projects and academic research in according to two professors who consulted with the government about the effort.

In the final stage by China will the premier artificial intelligence innovation center which in turn will a new national leadership and establish the key fundamentals for an economic great.

While the language in Chinese industrial policy can sound stodgy and the targets overly ambitious Beijing takes its economic planning seriously.

4. BIP91 enforcement is working fine – no chain split detected UASF will now have no effect Monitor here:

Current height Current Median Time July UTC Best Block Hash Previous Block Hash Has Experienced a Blockchain Reorganization No Has not forked but is behind other nodes No.

Current height Current Median Time July UTC Best Block Hash Previous Block Hash Has Experienced a Blockchain Reorganization No Has not forked but is behind other nodes No.

This website is for warning users if the Bitcoin blockchain has experienced a chain split due to the various fork proposals such as and BIP UASF.

5. Segwit2x – BTC1 is not ready for production and falls short (by far) of the high standards to secure a 50B economy.

Barry Silbert a venture capitalist who spearheaded the above agreement claims to have the support of many companies who will run the software as their primary bitcoin client starting at the end of July.

Despite a substantial number of companies being cited via the New York Agreement as intending to replace Bitcoin Core and run there does not appear to be any developer on the or teams with a full time commitment to maintaining the software.

If the majority of all of the code contributions to software are made by one person is it worth the gamble to place the weight of a billion dollar economy on one back.

6. Merchants that need to ensure transactions are confirmed should run a BIP91 node along side a normal node and check both for confirmation.

7. Rise of non-disparagement agreements muzzles employees who were abused by employers

Ann Lai a former employee said in her lawsuit filed in San Mateo Superior Court in California that she had complained to her bosses about sexism discrimination and inappropriate behavior in the workplace and that Binary used the nondisparagement provision in her employment contract to threaten her and prevent her from talking about why she had quit her job.

Lai a former employee of Binary contends that after she complained to her bosses about sexism and inappropriate behavior in the workplace the company used the provision in her employment contract to threaten her and prevent her from talking about why she had quit her job.

The company and Lake signed a mutual nondisparagement agreement in Christie Hemm Klok for The New York Times wonder how I may have disserviced other women working in tech including my female colleagues with my silence she said.

8. $30M in cryptocurrency stolen due to a 4k line PR mislabelled as “UI only”

The White Hat Group used the same exploit to secure the other compromised wallets within Ethereum with the stated intention of returning control to the original owners.

All code changes undergo at least one peer review which we manage through a largely manual system of tracking and tagging commonly found in open source projects.

The first and biggest change will be to ensure that any alterations to the codebase that involve live contract code which can be generally identified through files be reviewed by Solidity experts.

9. a spot-on article about the fall of SoundCloud, agree w/ everything @RAC @JaiWolfx @killthenoise + more are saying

Fans and artists alike loudly complained but SoundCloud which was busy fighting an existential threat from major record labels address the abuse for nearly three years.

took away so much value from blogs and networks as it allowed for people to start and create pages and with minimal With reposts it was now trivially easy for artists and promoters to artificially boost the number of streams a song had received.

was purpose built for Artists often tolerate the duplicates because in most cases they would rather get the exposure to their work and support the free version with the higher play count even if it leaves them grumbling about product.

10. While everyone was focused on Trump/Mueller/Spicer, Congress quietly took a big step into the self-driving car era.

Last month a bipartisan group of senators announced that it was working toward its own version of an autonomous vehicle bill which would prioritize fixing outdated rules and clarifying the role of federal and state in regulating cars.

While engineers race to bring cars to market Silicon Valley companies and Detroit automakers have been lobbying Congress for federal laws that would replace many of the existing regulations and allow them to experiment more freely with new autonomous systems.

Elon Musk the chief executive of Tesla recently told a National Governors Association meeting that within years he expected new cars produced in the United States would be fully autonomous.