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The Capitalist Newsletter – July 20, 2017

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AS TRUMP PROMISES MORE JOBS, MORE COMPANIES TURN TOWARDS ROBOTS FOR CHEAPER LABOR

One of Donald Trump’s ongoing promises has been jobs. And lots of them. Specifically in manufacturing. However, he’s also pushing for innovation, especially here in the U.S. during “Made in America Week”. There’s one little problem, though. The jobs Trump wants to push are directly at odds with his message of innovation. And that’s becoming obvious as more and more companies turn to technology to compete with online retailers…

Read The Capitalist’s Take Here

Read More at Fox News Here

Read More at NewsMax Here


AFTER AMAZON DEAL, ACTIVIST INVESTOR JANA SELLS WHOLE FOODS STAKE; SEES $300M PROFIT

Jana Partners is getting paid handsomely for its effort to push Whole Foods into making some changes, a drive that led to the company’s sale to Amazon.

The activist hedge fund, which bought a more than 8% stake in Whole Foods in early April, liquidated its stake in organic grocer following Amazon’s $13.7 billion offer and will walk away with a $300 million profit, according to documents filed with the Securities and Exchange Commission Wednesday.

Read More at Business Insider Here

Read More at Bloomberg Here


Read More at The Wall Street Journal Here


MORGAN STANLEY CLAIMS VICTORY OVER RIVAL; TOPS GOLDMAN SACHS IN TRADING AGAIN

Morgan Stanley beat Wall Street’s profit expectations on Wednesday, reporting gains across most of its businesses and producing more trading revenue than rival Goldman Sachs Group Inc, a rare feat.

The sixth-largest U.S. bank by assets reported an 11 percent rise in second-quarter profit, generating more revenue from giving corporations advice, underwriting securities, trading equities and managing customers’ money.

Read More at Reuters Here

Read More at MarketWatch Here

Read More at NY Post Here


Closing Bell

– Wednesday, July 19th

Markets Soar UP After Strong Showing from Tech

Big Insider Trades

– GoDaddy Inc. (GDDY) CMO Barbara Rechterman Sells $1.5m

– Alder Biopharmaceuticals, Inc. (ALDR) Director Stephen Down Buys $250k

Winners & Losers

– AEterna Zentaris, Inc. (AEZS) Skyrockets UP (129.41%) After Announcing FDA Acceptance of its New Drug Application

– Cyclacel Pharmaceuticals, Inc. (CYCC) Crashes DOWN (40.68%) After Readying Equity Offering

Most Talked About

AEterna Zentaris, Inc. (AEZS) Considered a Near Unanimous Strong Buy After Announcing FDA Acceptance of its New Drug Application

The TIP Sheets

– Wednesday July 19th

– Scripps Networks Interactive, Inc. (SNI) Shoots UP (14.73%) After Both Viacom and Discovery Communications Have Reportedly Shown Interest in Acquiring SNI. Expect Shares to Continue UP

Unusual Volume

AEterna Zentaris, Inc. (AEZS) Skyrockets UP (129.41%) on 61m Shares Traded After Announcing FDA Acceptance of its New Drug Application. Expect Shares to Continue UP

 

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