IN THE NEWS
BENZINGA
Ahead of the release of the “Power Rangers” reboot, sell-side analysts weighed in on the movie’s likely performance and the general prospects of Lions Gate Entertainment LGF, which co-produced and is distributing the film: Link
Walt Disney Co DIS CEO Bob Iger was expected to step down as the company's leader when his contract expires in 2018. Instead, the executive will stay on board through July 2, 2019: Link
A pair of Democratic congressmen have proposed creative ways to help fund the critical need for investment in American infrastructure: Link
THE WALL STREET JOURNAL
Republicans prepared to take a high-stakes gamble Friday, when they are expected to bring to the House floor—at President Donald Trump’s urging—a GOP bill to replace the Affordable Care Act without knowing whether the vote will produce a victory or an embarrassing defeat: Link
WikiLeaks released new documents it says describe hacking tools used by the Central Intelligence Agency over the past decade to infect Apple Inc. AAPL devices: Link
REUTERS
Twitter Inc TWTR is considering whether to build a premium version of its popular Tweetdeck interface aimed at professionals, the company said on Thursday, raising the possibility that it could collect subscription fees from some users for the first time: Link
Before he killed at least four people in Britain's deadliest attack since the 2005 London bombings, Khalid Masood was considered by intelligence officers to be a criminal who posed little serious threat: Link
The decision by a handful of high-profile consumer brands to pull advertising from Alphabet Inc GOOGL’s YouTube over offensive content could threaten the site’s long-term strategy of stealing ad dollars from television, analysts and ad industry professionals said Thursday: Link
BLOOMBERG
If the rocket Elon Musk’s SpaceX expects to launch next week looks familiar, that’s because it is.: Link
Hundreds of companies have been eyeing work on President Donald Trump’s 30-foot border wall with Mexico. Some, however, won’t touch it with a 10-foot pole: Link
NY POST
Eric Mindich’s crystal ball told him to cut his losses and run: Link
ECONOMIC DATA
- USA Durable Goods Ex-Transportation (MoM) for Feb 0.40% vs 0.50% Est; Prior Revised from -0.20% to 0.00%
- The flash Composite PMI for March is schedule for release at 9:45 a.m. ET.
- New York Federal Reserve Bank President William Dudley will speak in New York at 10:00 a.m. ET.
- The Baker Hughes North American rig count report for the latest week is schedule for release at 1:00 p.m. ET.
- San Francisco Federal Reserve Bank President John Williams is set to speak in Washington, D.C. at 1:00 p.m. ET.
ANALYST RATINGS
- Jefferies upgraded Under Armour UAA from Hold to Buy
- Credit Suisse upgraded Adobe Systems ADBE from Neutral to Outperform
- Cowen & Co. upgraded Skechers SKX from Market Perform to Outperform
- Needham downgraded Apple from Strong Buy to Buy
- Citigroup downgraded Macy's M from Buy to Neutral
- PiperJaffray downgraded Sportsman's Warehouse SPWH from Overweight to Neutral
This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here or email minutes@benzinga.com.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.