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The Capitalist Newsletter – August 2, 2017

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WHAT TRUMP’S ADVISORS WANT THE PRESIDENT TO UNDERSTAND

Sarah Huckabee Sanders has an interestingly difficult job; specifically, she works for a knothead. This morning, NPR reported that President Trump said, “Business spirit is the highest it's ever been, according to polls.” He continued, “If you look at the polls, (it’s) the highest it's ever been in the history of these polls.”

But is that really the case? What do Trump’s advisors have to say about it?

Read The Capitalist’s Take Here


SPRINT CEO HINTS AT DEAL PROSPECTS; SAYS MERGER DECISION IS NEAR

Sprint Corp. said it would decide soon on whether to pursue a merger with either T-Mobile US Inc. or Charter Communications Inc., with an announcement coming “in the near future,” according to the wireless carrier's chief executive.

“We've had sufficient conversations with several parties and soon we're going to start making decisions,” Sprint CEO Marcelo Claure said on a call Tuesday after the company reported results for the three months ending June 30.

Read More at MarketWatch Here

Read More at Reuters Here

Read More at Fortune Here


HBO LATEST HACK VICTIM; UPCOMING GAME OF THRONES DATA, SHOWS, MAY BE LEAKED

HBO has joined the ranks of Hollywood entertainment companies to suffer a major cyber attack.

EW has learned that upcoming episodes of a couple series and at least one alleged script or treatment have been put online by hackers who breached the company’s systems — with more threatened to be coming soon.

“HBO recently experienced a cyber incident, which resulted in the compromise of proprietary information,” the network confirmed in a statement. “We immediately began investigating the incident and are working with law enforcement and outside cybersecurity firms. Data protection is a top priority at HBO, and we take seriously our responsibility to protect the data we hold.”

Read More at Entertainment Weekly Here

Read More at Variety Here

Read More at CNN MoneyHere


Closing Bell

– Tuesday, August 1st

Markets Soar UP as Wall Street Cheers Strong Earnings

Big Insider Trades

– Guidewire Software, Inc. (GWRE) CEO Marcus Ryu Sells $1.8m

– Discovery Communications, Inc. (DISCA) CFO Gunnar Wiedenfels Buys $460k

Winners & Losers

– CombiMatrix Corp. (CBMX) Soars UP (42.42%) After Entering into Agreement to be Acquired for $33 Million

– Kona Grill, Inc. (KONA) Tumbles DOWN (26.42%) After Major Earnings Miss

Most Talked About

CytRX Corp. (CYTR) Considered a Near Unanimous Strong Buy on Licensing Deal Agreement with NantCell

The TIP Sheets

– Tuesday, August 1st

– Shopify, Inc. (SHOP) Shoots UP (12.68%) to Record High After Crossing 500k Merchants. With Revenue Growing 75% Year over Year, Expect Shares to Continue UP

Unusual Volume

Under Armour, Inc. (UA) Slides DOWN (10.38%) on 24m Shares Traded to Record Low After Retailer Cuts 2% of its Workforce, Trims 2017 Sales Outlook. UA Also Announced a Restructuring Plan. Expect Shares to Continue DOWN

 

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