Legendary Wall Street investor and hedge fund manager Leon
Cooperman has settled insider trading charges filed against him
with the SEC, to the tune of $4.9 million, despite claiming he
would have won the case:
Link
Exelon Corporation (NYSE:
EXC), owner
of the infamous Three Mile Island nuclear plant in Pennsylvania
where a 1979 accident forced the evacuation of 140,000 people, said
Tuesday it will shutter the operation for good in September 2019
unless the state bails it out:
Link
According to Andrew Left, EXACT Sciences
Corporation (NASDAQ:
EXAS)'s
Cologuard may be a good test, but it's not worth the full $500-$600
cost:
Link
THE WALL STREET JOURNAL
Uber Technologies Inc. expects to conclude a report soon on
claims of sexual harassment and sexism that it hopes will close a
damaging chapter in its history. But it also could bring even
greater scrutiny for the troubled ride-hailing company:
Link
Steven A. Cohen was once at risk of being banned for life from
the hedge-fund industry. Now he is planning a comeback with
ambitions to raise more money than he ever has before:
Link
REUTERS
Exxon Mobil Corp (NYSE:
XOM) has
stepped up efforts to persuade investors to vote against
climate-related proposals at Wednesday's annual meeting with a
campaign of calling, writing and lobbying shareholders in
person:
Link
China's industrial engine cranked up again in May, reassuring
investors worried about slowing growth in the world's
second-biggest economy as it grappled with debt risks and tried to
shake off a stinging ratings downgrade from Moody's Investors
Service:
Link
BLOOMBERG
From giant companies like Exxon Mobil Corp. to OPEC members such
as Saudi Arabia, oil producers say their industry will enjoy
decades of growth as they feed the energy needs of the world’s
expanding middle classes. But what if they’re wrong? There’s a host
of reasons to think they might be. Here’s what happens when you
test their central assumptions:
Link
A decision due from the president this week on whether to pull
the U.S. out of the deal involving almost 200 nations could have a
domino effect on the participation of other countries in limiting
fossil-fuel pollution, making it almost impossible and extremely
expensive to stop catastrophic climate change:
Link
NY POST
Hillary Clinton may have lost the election, but she is still
pretty popular among the publishing world:
Link
ECONOMIC DATA
The Chicago Purchasing Manager Index for May will be released
at 9:45 a.m. ET.
Data on month-over-month Pending Home Sales as well as the
Pending Homes Index for May will be released at 10:00 a.m. ET.
The Dallas Fed Texas Service Sector Outlook Survey will be
released at 10:30 a.m. ET.
The Fed's Beige Book report will be released at 2 p.m. ET.
FOMC Member Williams is scheduled to speak at 8:30 p.m.
ET.
ANALYST RATINGS
Baird Upgraded VMware, Inc. (NYSE:
VMW) from
Neutral to Outperform
FBR Upgraded Francescas Holdings Corp (NASDAQ:
FRAN) from
Underperform to Market Perform
Jefferies Upgrades Donaldson, Inc. (NYSE:
DCI) From
Hold to Buy
Stifel Downgraded Molina Healthcare, Inc. (NYSE:
MOH) from
Hold to Sell
Jefferies Downgraded Koppers Holdings Inc. (NYSE:
KOP) from Buy
to Hold
Canaccord Downgrades iRobot Corporation (NASDAQ:
IRBT) From
Buy to Hold
thanks! If you are ever on the look out for energy centric news
most every morning (for free) shoot a note
to john.kemp@thomsonreuters.com and ask to be added to his
email list, or follow him @JKempEnergy. He puts together a
great summary every morning of news articles related to the energy
dpace.
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In The News
Posted by steve on 31st of May 2017 at 09:08 am
BENZINGA
Legendary Wall Street investor and hedge fund manager Leon Cooperman has settled insider trading charges filed against him with the SEC, to the tune of $4.9 million, despite claiming he would have won the case: Link
Exelon Corporation (NYSE: EXC), owner of the infamous Three Mile Island nuclear plant in Pennsylvania where a 1979 accident forced the evacuation of 140,000 people, said Tuesday it will shutter the operation for good in September 2019 unless the state bails it out: Link
According to Andrew Left, EXACT Sciences Corporation (NASDAQ: EXAS)'s Cologuard may be a good test, but it's not worth the full $500-$600 cost: Link
THE WALL STREET JOURNAL
Uber Technologies Inc. expects to conclude a report soon on claims of sexual harassment and sexism that it hopes will close a damaging chapter in its history. But it also could bring even greater scrutiny for the troubled ride-hailing company: Link
Steven A. Cohen was once at risk of being banned for life from the hedge-fund industry. Now he is planning a comeback with ambitions to raise more money than he ever has before: Link
REUTERS
Exxon Mobil Corp (NYSE: XOM) has stepped up efforts to persuade investors to vote against climate-related proposals at Wednesday's annual meeting with a campaign of calling, writing and lobbying shareholders in person: Link
China's industrial engine cranked up again in May, reassuring investors worried about slowing growth in the world's second-biggest economy as it grappled with debt risks and tried to shake off a stinging ratings downgrade from Moody's Investors Service: Link
BLOOMBERG
From giant companies like Exxon Mobil Corp. to OPEC members such as Saudi Arabia, oil producers say their industry will enjoy decades of growth as they feed the energy needs of the world’s expanding middle classes. But what if they’re wrong? There’s a host of reasons to think they might be. Here’s what happens when you test their central assumptions: Link
A decision due from the president this week on whether to pull the U.S. out of the deal involving almost 200 nations could have a domino effect on the participation of other countries in limiting fossil-fuel pollution, making it almost impossible and extremely expensive to stop catastrophic climate change: Link
NY POST
Hillary Clinton may have lost the election, but she is still pretty popular among the publishing world: Link
ECONOMIC DATA
ANALYST RATINGS
thanks! If you are ever
Posted by pinguin on 31st of May 2017 at 09:20 am
thanks! If you are ever on the look out for energy centric news most every morning (for free) shoot a note to john.kemp@thomsonreuters.com and ask to be added to his email list, or follow him @JKempEnergy. He puts together a great summary every morning of news articles related to the energy dpace.