Date: 2017-05-10 00:00:00
S&P 500 (SPY) — open: 239.96, high: 240.19, low: 239.04, close: 239.44, volume: 51363200, daily change: -0.0009
News headlines:
Noble Shares Plunge to 14-Year Low on Profit Warning
Activist Investor Starboard Takes 5.7% Stake in Parexel International
RBNZ Stands Pat, Flags Concerns About U.S. Trade Policy
Snap Compensation Hit May Have Tax Benefit
Workers at Exxon’s Nigeria Unit Begin Walkout
Roundup of Form D Regulatory Filings--May 10
Whole Foods Overhauls Board; Vows Big Changes
Commodity Bulls Gird for Another Run
Abercrombie & Fitch in Merger Talks With Suitors
GOP Runs Out of Time to Kill CFPB’s Prepaid-Card Rule
Dollar Falls Following Rebound in Oil Prices
Argentina Sees Oil-and-Gas Companies Stepping Up Investment
Power Company Calpine Explores Sale
Dow Slides on Hits From Disney, Boeing
Fox Revenue Lifted by Super Bowl
Bombardier’s Controlling Family Faces Investor Revolt
U.S. Steel CEO Mario Longhi to Retire
Market Talk: Daily Analysis Roundup
Fight for Control of Tilton Companies Moves Closer to Decision
General Electric Issues $8.7 Billion Euro Bond
Barclays to Pay $97 Million to Settle SEC’s Allegations of Overbilling
Analysts See Small Addition to U.S. Natural-Gas Inventories
For Small Businesses, Lower Tax Rates Top Estate Tax Repeal
Boeing Halts Flights of New Jet
Occidental Petroleum to Test a Massive Ship for U.S. Oil Exports
Deutsche Bank’s Big Shareholder Heavily Financed Its New Stake
Quick Hits: Kuroda Addresses Parliament; J.P. Morgan More Confident BOJ on Hold
Natural-Gas Prices Continue to Head Higher
The Secretive Firm Set to Expand in Retail Options: Two Sigma Securities
Oil Prices Rise as U.S. Crude Supplies Decline
Sorry, Harvard and Yale, Trading Whiz Kids Are at Baruch College
Adidas Sells TaylorMade, Other Golf Brands to KPS
Copper Falls Again After More Weak Chinese Data
China’s Tencent Puts $90 Million Into Mobile-Games Startup Pocket Gems
Fed’s Kashkari Urges Tough Approach to Bank Regulation
U.S. Import Prices Rose More Than Expected in April
Soybeans Slump on Growing Stockpiles
Dispute in Libya Affects Wintershall Oil Production
Panda Temple Plant Bankruptcy Loan Faces Scrutiny
Wells Fargo Probes Client Handling at Chicago Wealth Branch
Tarullo: Keep Orderly Liquidation Authority
Trump’s Pick for DOJ Antitrust Chief Says Politics Won’t Play Role in Enforcement
Barclays Chair Backs Embattled Staley Over Whistleblowing Probe
Australia’s BCI Finances Seeks U.S. Bankruptcy Protection Amid Tax Dispute
Maxus Gets Court Approval to Sell Gulf of Mexico Interests
Draghi Clashes With Dutch Lawmakers Over ECB’s Monetary Stimulus
GAO Reviews Regulatory Scrutiny of Risks in Some Lending
Fed’s Rosengren Sees Three More Rate Rises This Year as Reasonable
Time Inc. to Cut Costs, Sell Assets
Rizzo’s Take: The Lease Problem for Retailers Is About to Get Worse
Peanuts Characters Acquired by Teletubbies Owner DHX Media
Firm Retention Summary: Venoco LLC
How Small Banks Deal with Large Shocks
BP Begins Gas Production from Egypt Fields Ahead of Schedule
Third Big Investor Joins Push Against Bombardier Chairman
U.S. Oil Inventories Decline Sharply
The Fed Is on the Right Side of Its ‘Transitory’ Bet
Airbus to Launch Drone-Services Unit Focused on U.S.
SoftBank Writes Down $1.4 Billion on Investments in Latest Fiscal Year
How the Bank of England Was Set Free
Cockroach Labs Raises $27 Million for Open-Source Database
Eni Profit Jumps on Oil Price Rebound
Paper Examines Dynamics of Government Bond Yields in the Eurozone
Bank of Belgium Paper Analyzes the Impact of Offshoring on Employment
What Happens When Central Banks Stop Buying Bonds?
After Comey Ouster at FBI, Small Group of GOP Senators Holds Sway Over Next Steps
States Fire Another Fintech Salvo | CFPB Reviewing Small-Business Loans | Macron to Focus on Fintech, Not Big Banks | Ex-SEC Accountant Settles Over Work Trades | Rubin’s Take: Clock Ticking for Deregulatory Bills
Capsule Corrals $20 Million for New Pharmacy Model
Zinsli’s Take: Cognitive Dissonance Grips the Music Industry
Investors Bet on Attivo Networks for Deception Technologies
INC Research, InVentiv Health to Combine
Rubin’s Take: Clock Is Ticking for Financial Regulatory Legislation
Euro Steady as Markets Await Draghi
OECD Tempers Global Growth Expectations
Douglas’s Take: Bank of England to Briefly Emerge from Purdah
States Fire Another Fintech Salvo | CFPB Reviewing Small-Business Loans | Macron to Focus on Fintech, Not Big Banks | Ex-SEC Accountant Settles Over Work Trades | Rubin’s Take: Clock Ticking for Deregulatory Bills
States Fire Another Salvo Against National Fintech Charter
French Insurer AXA to List U.S. Unit
ECB Unemployment Figures Support Case for Ongoing Eurozone Stimulus
China Consumer Inflation Edged Up in April
Consumer Watchdog to Look Into Small Businesses’ Access to Loans
Scurria’s Take: Puerto Rico’s Descent Into Bankruptcy Divides Wall Street
Scurria’s Take: Puerto Rico’s Descent Into Bankruptcy Divides Wall Street
Hedge Funds Pitch ‘Teletubbies,’ Tesla at Sohn
U.S. Runs $182 Billion Budget Surplus in April
Market direction: Neutral