Connect with us

Newsletters

The Capitalist Newsletter – December 2, 2016

Published

7 years ago

on

Click Here To See The Comments

TRUMP-PENCE STRIKE DEAL WITH CARRIER TO KEEP INDIANA JOBS; HERE’S WHY THAT MAY NOT BE GREAT NEWS

Donald Trump and Mike Pence just struck a deal to keep about 1,100 jobs in Indiana. The President-Elect and Vice President-Elect have agreed to give $7 million in tax breaks to United Technologies Corp.,parent company of air conditioning and heating manufacturer Carrier, to keep Carrier from moving its plant from Indiana to Mexico. On the surface, that looks like a big political win for Trump. But what’s the catch? Is there a downside to this deal?

Read The Capitalist’s Take Here

Read More at The New York Times

READ MORE AT CBS

STARBUCKS CEO STEPS DOWN TO FOCUS ON HIGH-END COFFEE SHOPS

Starbucks CEO Howard Schultz is stepping down next year, the company announced on Thursday. Schultz will be replaced by Starbucks’ president and COO, Kevin Johnson, effective April 3. Johnson has been a member of Starbucks’ board of directors for seven years.

Read More at Business Insider Here

Read More at CNBC Here

Read More at Barron’s Here

TRUMP TAPS RETIRED MARINE GENERAL JAMES “MAD DOG” MATTIS FOR SECRETARY OF DEFENSE

President-elect Donald Trump has chosen retired Marine Gen. James N. Mattis to be secretary of defense, according to people familiar with the decision, selecting a former senior military officer who has said that responding to “political Islam” is the major security issue facing the United States..

Read More at The Washington Post Here

Read More at Reuters Here

Read More at USA Today Here

Closing Bell

– Thursday, December 1st

Tech Lags as Dow Jumps, Nasdaq and S&P Dip

Big Insider Trades

– The Charles Schwab Corp. (SCHW) President Walter Bettinger Sells Another $7.75m

– SunOpta, Inc. (STKL) Director Albert Bolles Buys $300k

Winners & Losers

– Tilly’s, Inc. (TLYS) Shoots UP (41.84%) After Announcing Surprisingly Good Q3 Results with Huge Spike in In-Store Traffic

– Express, Inc. (EXPR) Falls DOWN (20.36%) to 52-Week Low After Much Weaker Than Expected Q3 Results

Most Talked About

Venaxis, Inc. (APPY) Surges UP (46.67%), But Still a Split Decision After Activist Investor Increases Ownership by 16%

The TIP Sheets

– Thursday, December 1st

– Starbucks Corp. (SBUX) CEO Howard Schultz Stepped Down After Trading Hours. Schultz Will Remain with Starbucks and Focus on Building High End Stores for the Company. Shares May Drop on the News, Which Makes This a Great Buy Opportunity as Shares Will Bounce Back UP

Unusual Volume

– SeaDrill, Ltd. (SDRL) Jumps UP (10.39%) on 39m Shares Following OPEC Deal Momentum. However, Recent Guidance From the Company States the Interest Expense is Likely to Eat ⅔ of Operating Income in Q4. Expect Shares to Fall DOWN

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Topics:
Continue Reading

Subscribe To Our Newsletter:

CEOJOURNAL.COM | [email protected] | ADDRESS: 1889 E Maule Ave, Ste G, Las Vegas 89119 Copyright © 2021 CEOJournal. his copyrighted material may not be republished without express permission. The information presented here is for general educational purposes only. MATERIAL CONNECTION DISCLOSURE: You should assume that this website has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this page and may receive commissions from purchases you make on subsequent web sites. You should not rely solely on information contained in this email to evaluate the product or service being endorsed. Always exercise due diligence before purchasing any product or service. This website contains advertisements.

[email]
[email]