Let the Madness Begin | Morning News

Shoppers-carry-bags-from--006NOVEMBER 27.2015

US futures flat as the holiday retail season officially begin and traders turn they attention to the shaky condition of  US retail with stores across the country rolling out their Black Friday deals trying to capture buyer’s attention.  Overnight, Chinese stocks fell sharply after authorities disclosed investigations into several major brokerages over suspected trading violations. Oil prices trading lower at this hour with pressure from a stronger dollar and the global oversupply still weighing on the price of crude.  Gold futures erode further as the dollar strengthens sending the commodity to hover at its lowest level in nearly six years.


  • CSRA: CSC: CSRA to replace CSC in the S&P 500 as of the close today
  • AMZN:Amazon plans to let Prime users add other online networks, Bloomberg reports
  • KBIO: CEO announces that he will not lend shares to short sellers
  • COST:A multi-state E. coli outbreak that has sickened at least 19 people who ate rotisserie chicken salad sold at Costco has been traced to a celery-and-onion mix used in the salad
  • BABA: Alibaba is in talks to buy Hong Kong’s leading English language newspaper, the 112-year-old South China Morning Post
  • DIS:ESPN, Down 7 Million Subscribers in 2 Years, Biggest Loser Among Disney Cable Channels, reports Forbes
  • AMBA: Barrington out negative on the stock in light of GPRO weakness
  • AAPL: Apple acquires mobcap maker Faceshift, techcrunch reports
  • BHP:BHP Billiton mine disaster waste in Brazil ‘was toxic’, says UN, reports the BBC


  • 1PM: Baker-Hughes Rig Count
  • 1PM: NYSE Closes today
  • 2PM: SIFMA Closes today
  • 4:30PM: Money Supply and Fed Balance Sheet




  • AV: downgrade: sector perform to underperform: RBC Capital


  • PNG: initiated: hold: ING Group


  • CPSI: pt raised from $45 to $53: FBR Capital
  • BXP: pt raised from $130 to $137: Argus
  • NSM: pt cut from $40 to $33: UBS
  • BP: pt cut from $42 to $41: Argus

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