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The Capitalist Newsletter – October 27, 2016

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SUNRUN PARTNERS WITH LG CHEM; COMPETING WITH TESLA HEAD ON

Solar is the future of renewable energy. As utility costs rise, more and more consumers are looking for affordable options to run their homes. After the announcement of Sunrun and LG Chem, homeowners now have a new energy option. But can Sunrun and LG Chem compete with Tesla and Panasonic?

Read The Capitalist’s Take Here

Read More at Reuters

Read More at Financial Times


VERIZON EXEC SAYS YAHOO DEAL “ABSOLUTELY” STILL MAKES SENSE

Verizon Communications Inc. thinks its planned acquisition of Yahoo Inc. “absolutely” still makes sense, but the carrier still needs a lot of information about the major customer-data breach at the internet company that surfaced shortly after the agreement, Verizon Executive Vice President Marni Walden said Wednesday.

Read More From Wall Street Journal Here

Read More From CNN Here

Read More From NASDAQ Here


APPLE’S ANNUAL REVENUES FALL FOR FIRST TIME IN 15 YEARS AS IPHONE SALES DECLINE

Apple has reported its first decline in annual sales and profit in 15 years. The Silicon Valley company, which had bounced back from near bankruptcy in 1997 to become the world’s most valuable company today, told investors on Tuesday night that it had sold $215.6bn worth of iPhones, Watches, Mac computers and other products this year….

Read More From The Guardian Here

Read More From Forbes Here

Read More From ABC News Here


Closing Bell

-Wednesday, October 26th

Markets Close Mixed as Apple Slides, Boeing Takes Off

Big Insider Trades

– Zillow Group, Inc. (Z) CEO Spencer Rascoff Sells $1.5m

-IBM (IBM) Director David Farr Buys $200k

Winners & Losers

-Unisys Corp. (UIS) Rises UP (20.00%) After Announcing Better-Than-Expected Results and Improving Cash Flow

– K12, Inc. (LRN) Shares Drop DOWN (19.19%) After Earnings Miss

Most Talked About

Lloyd’s Banking Group plc (LYG) a 50/50 Split After Profits Slip But Shares Recover

The TIP Sheets

-Wednesday, October 26th

-The Boeing Group (BA) Rose UP (4.69%) on Cash Growth; Plans to Deliver More Planes in 2016 and 2017. Shares Should Continue UP

Unusual Volume

– Southwest Airlines Co. (LUV) Falls (8.46%) on 43m Shares Traded After Reporting Earnings Beat, But Providing Downbeat Outlook for Revenue per Available Seat Mile, a Key Metric for the Airline Industry. Expect Shares to Slip DOWN

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