wiar 04-27-19

MFwebsite2020researchWhat I Am Reading

April 27 (Saturday)

Markets
U.S. Stocks Wobble After GDP Data (W)
The Euro’s Bad Year Just Keeps Getting Worse (W)
US crude plunges 2.9%, settling at $63.30, after Trump says he told OPEC to tame fuel costs (C)

Central banks
Splat! Bam! It’s the Federal Reserve to the Rescue (N)

US
U.S. Economy Grew at 3.2% Rate in First Quarter (W)
Economic Growth ‘Really, Really Strong’ in First Quarter, Hassett Says (W)
The big mystery in the GDP report — where did the inventories come from? (MW)
U.S. Consumer Sentiment Softened in April (W)
Opinion: Everyone thinks inflation is dead — but don’t be so sure (MW)

China
China’s Leader Pledges Fresh Support for Liberalizing Economy (W)
China’s Xi Vows New Direction for ‘Belt and Road’ After Criticism (W)
Beijing Appeals for Foreign Funds in Belt-and-Road Adjustment (W)

US politics
Democratic 2020 Field Is Set. Next Question: How to Tackle Trump? (W)
Biden raises $6.3 million in the first 24 hours of his 2020 campaign (C)

Geopolitics & trade
Trump announces he’s pulling U.S. from arms treaty during campaign-style speech to NRA (MW)
Trump and Abe Meet as Japan and U.S. Try to Reach Trade Deal (N)

Industries & companies
Autos: Ford Discloses Justice Department Probe Into Emission Certifications (W)
Autos: Ford surpasses Tesla in market cap as old and new automaker stocks diverge post earnings (C)
Energy: Big Oil Profits Fall as Geopolitics Weigh on Refining (W)
FAANGs: More Than Just Netflix: Navigate the Changing World of Streaming (W)
FAANGs: Amazon on pace to spend $7 billion on video and music (C)
Financials: Deutsche Bank Cuts Revenue Target a Day After Merger Talks Fail (W)
Media: ‘Avengers: Endgame’ Sets Record for First-Day Sales (W)
Tech: Intel Cuts Financial Forecast for Year (W)

Corporate finance I
Why Investors Don’t Care if Tech Unicorns Hemorrhage Money (W)
Uber Lowers Target Valuation Again, Sets Out Results (W)
Uber to go public at last: 5 things you should know about what may be the biggest IPO in years (MW)

Corporate finance II
Chevron’s $1 billion in added buybacks hinges on bidding war for Anadarko (C)
Renault Merger Plan for Nissan Triggers New Tension (W)
Apple Held Talks With Intel on Buying Modem Chip Business (W)
Bayer CEO Faces Shareholder Ire Over Monsanto Deal (W)

Offbeat
China Installed Its Top Cop to Steer Interpol. Then He Disappeared. (W)
The Biggest Clients in the College Admissions Scandal Were From China (W)