Connect with us

Newsletters

The Capitalist Newsletter – March 27, 2017

Published

on

IRAN SANCTIONS 15 U.S. FIRMS; CITING HUMAN RIGHTS ABUSES AND ISRAEL TIES


In what’s seen as tit for tat, Iran has levied sanctions against 15 American companies as payback for sanctions President trump has placed on companies said to be aligned with Iran’s ballistic-missile program. Iran says that the sanctioned companies support terrorism, repression, and Israel’s occupation of Palestinian land. How bad is the growing animosity between Iran and the U.S.? What’s next in the saga?

Read The Capitalist’s Take Here

Read More at Fox News

Read More at CNBC


LACKING VOTES, REPUBLICANS PULL AMERICA FIRST HEALTH PLAN

President Donald Trump suffered a stunning political setback on Friday in a Congress controlled by his own party when Republican leaders pulled legislation to overhaul the U.S. healthcare system, a major 2016 election campaign promise of the president and his allies. House of Representatives leaders yanked the bill after a rebellion by Republican moderates and the party’s most conservative lawmakers left them short of votes, ensuring that Trump’s first major legislative initiative since taking office on Jan. 20 ended in failure. Democrats were unified against it.

Read More at Reuters Here

Read More at MarketWatch Here

Read More at Washington Post Here

Raven_Steel_Ad-V2
Raven_Steel_Ad-07

UBER SUSPENDS SELF DRIVING CAR PROGRAM AFTER ARIZONA CRASH

Uber has pulled its self-driving cars from the roads after an accident which left one of the vehicles on its side. Pictures posted online showed the car on its right side on an Arizona street, next to another badly damaged vehicle. The car – a Volvo SUV – was in self-driving mode at the time of the crash, on Friday, Uber said. No one was hurt. A spokeswoman for the police in Tempe, Arizona said the accident occurred when another vehicle “failed to yield” to the Uber car at a left turn.

Read More at BBC

Read More at NY Times Here

Read More at Bloomberg Here


Closing Bell

– Friday, March 24th

Markets Finish with Mixed Results After Health Bill Pulled

Big Insider Trades

– Columbia Sportswear Company (COLM) President Bryan Timm Sells $1m

– Sears Holding Corp. (SHLD) CEO Edward Lampert Buys $4m

Winners & Losers

– HTG Molecular Diagnostics, Inc. (HTGM) Skyrockets UP (145.55%) Following Momentum from Company Obtaining CE Marking in Europe

– Xenon Pharmaceuticals, Inc. (XENE) Slumps DOWN (52.79%) After Company Abandons Acne Drug

The TIP Sheets

– Friday, March 24th

– GameStop Corp. (GME) Slips DOWN (13.61%) After Posting Disappointing Quarterly Results and Uninspiring Guidance. The Company Will Close More than 100 Locations. Expect Shares to Continue DOWN

Unusual Volume

Micron Technology, Inc. (MU) Rises UP (7.40%) on 107m Shares Traded After Extremely Positive Q2 Results. Revenue and Profits are Up Thanks to High Prices and Low Supply. Expect Shares to Continue UP

Click to comment

Leave a Reply

Your email address will not be published.

Continue Reading

Subscribe To Our Newsletter:



Copyright © 2020 The Capitalist. his copyrighted material may not be republished without express permission. The information presented here is for general educational purposes only. MATERIAL CONNECTION DISCLOSURE: You should assume that this website has an affiliate relationship and/or another material connection to the persons or businesses mentioned in or linked to from this page and may receive commissions from purchases you make on subsequent web sites. You should not rely solely on information contained in this email to evaluate the product or service being endorsed. Always exercise due diligence before purchasing any product or service. This website contains advertisements.

[email]
[email]