Benzinga
0
All posts from Benzinga
Benzinga in Benzinga,

The Market In 5 Minutes

IN THE NEWS

BENZINGA

Your local ATM could recognize your face within five years. Your taxes could be prepared by a robo-accountant. Your lawyer might be reduced to an algorithm fully versed in legal precedent: Link

Akorn, Inc. AKRX shares were up 18.2 percent on Friday after Bloomberg reported Frensius is considering a buyout bid for Akorn. The news came just hours after Benzinga alerted its pro subscribers to an unusually large Akorn call purchase on the options market: Link

In a Michigan city synonymous with manufacturing, the most cutting-edge business ventures — fintech startups — are taking shape at MadDog Technologies: Link

THE WALL STREET JOURNAL

Hackers are targeting the growing population of third-party sellers on Amazon.com Inc. AMZN, using stolen credentials to post fake deals and steal cash: Link

President Donald Trump said he would nominate Kevin Hassett, an expert in tax policy and one of the most prominent economists at the conservative American Enterprise Institute, to serve as the chairman of the Council of Economic Advisers: Link

REUTERS

U.S. President Donald Trump is considering an executive order to launch a trade investigation that could lead to supplemental duties in certain product categories, a Trump administration official told Reuters: Link

The shale oil boom has transformed the U.S. and global energy sector to such an extent that it has upended traditional supply dynamics and made forecasts far more polarized: Link

BLOOMBERG

These days, it seems like everyone in the bond market is obsessed over what will happen when the Federal Reserve starts whittling down its mammoth, crisis-era investments in U.S. government bonds: Link

Barclays BCS Chief Executive Officer Jes Staley, who has demanded the highest ethical standards from staff, will face a “significant” pay cut and is being probed by regulators for violating policy in trying to unmask a whistle-blower last year: Link

THE NEW YORK TIMES

In the latest move by a major automaker to enhance its American manufacturing operations, Toyota Motor TM said on Monday that it would invest more than $1.3 billion to upgrade its assembly plant in Kentucky: Link

ECONOMIC DATA

  • The Labor Market Conditions Index for March is schedule for release at 10:00 a.m. ET.
  • The Treasury will auction 3-and 6-month bills at 11:30 a.m. ET.
  • The TD Ameritrade Investor Movement Index for March is schedule for release at 12:30 p.m. ET.

ANALYST RATINGS

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.

© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.


Source