Early Global News: Sunday March 17th, 2019

Early Global News

Sunday March 17th, 2019

Macro

Foreigners sell U.S. Treasuries for 3rd month in January -data  “Chinese holdings of U.S. Treasuries, meanwhile, increased in January for a second consecutive month to $1.126 trillion, from $1.123 trillion in December. “  Reuters

There are mounting signs of military planning for Venezuela  Military Times

LA area Port Traffic Down Year-over-year in February  Calculated Risk

Schedule for Week of March 17, 2019  Calculated Risk

Companies

AMZN  Amazon’s second headquarters faces new blocks in Virginia funding vote  Reuters

PPS  JBS, Pilgrim’s Pride execs face U.S. trial in lawsuit over Moy Park deal  Reuters

QCOM  Qualcomm moves forward with growth strategy in Brazil  “The company has launched a locally-developed chipset and has chosen the location of its future semiconductor facility.”  ZDNet

PwC to pay US$335 million over failed audits of Alabama’s Colonial Bank: US regulator  Reuters

DBX  Dropbox places big restriction on free users  Cult of Mac

DB CRZBY  Deutsche Bank and Commerzbank go public on merger talks  Reuters

MSG  Billionaire media mogul John Malone said to be eyeing MSG Networks  NY Post

FXCNY  Foxconn looks to move server production back to Taiwan for security  “Island could become a “technology buffer” in US-China trade war, Terry Gou says”  Nikkei

Stake Changes

SFTBY  Investors call for Lyft to scrap dual-class share plans  Financial Times

CHNG  McKesson’s Change Healthcare files for a $100 million IPO  SEC Filing

PLMR  Specialty property insurer Palomar Holdings files for a $50 million IPO  SEC Filing

HZN  Horizon Global Announces Successful Raise of Additional Liquidity and Amendment of Its Existing Term Loan Credit Agreement  Press Release

STNL  Stemline files for $250M mixes shelf offering  SEC Filing

CDAY  Ceridian Launches Secondary Public Offering  Press Release

QRHC  Quest Resource holders file to sell up to 4.3M shares  SEC Filing

Earnings Finance

PCG  PG&E Close to Naming New CEO, New Board  “Troubled utility turns to new leadership to bring it through potentially billions of dollars in liability claims after wildfires”  WSJ

BCS  Barclays board faces fresh cull under incoming chairman Save  UK Telegraph

SYNA  Synaptics Announces Leadership Transition  Press Release

Pharmaceuticals Healthcare

MDT EW  Edwards, Medtronic heart valve systems prove worth in low-risk patients: studies  “Non-invasive heart valve replacement systems from Medtronic Plc and rival Edwards Lifesciences Corp proved as good or better than open heart surgery in younger, more active patients for whom the surgical option was deemed low risk, according to trial results presented on Saturday.”  Reuters

NVS  Novartis late-breaking data further support initiation of Entresto in hospital and as a first-choice systolic heart failure therapy in stabilized patients  “Findings further substantiate benefits of Entresto and suggest that initiating Entresto in patients stabilized after an acute decompensation event may avoid subsequent serious clinical composite events(1)”  Press Release

ABT  New Late-Breaking Analyses from Landmark COAPT™ Trial Show Benefits of Abbott’s MitraClip™ Device  “New data presented and simultaneously published in the Journal of the American College of Cardiology show treatment with MitraClip resulted in significant and sustained long-term quality-of-life improvements compared to medical therapy”  Press Release

BMY PFE  AUGUSTUS Demonstrates Favorable Safety Results of Eliquis® Versus Vitamin K Antagonists in Non-Valvular Atrial Fibrillation Patients with Acute Coronary Syndrome and/or Undergoing Percutaneous Coronary Intervention  “AUGUSTUS is the largest trial in this high-risk patient population requiring both anticoagulant and antiplatelet therapies”  Press Release

RGLS  Regulus Announces Transition of Research Leadership  Press Release

BSX  Late-breaking Clinical Trial Highlights Positive Safety and Efficacy Data for the LUMINIZE™ RF Balloon Catheter  “New data showcasing performance of recently acquired RF balloon-based, single-shot ablation technology”  Press Release

ANTM  Actinium Provides Comprehensive Patent Portfolio Update Including New IP Filings  “- Patent Portfolio comprised of 28 patent families, including 111 issued and pending U.S. and international patents”  Press Release

OGEN  Oragenics, Inc. Announces Enrollment of 60th Patient in Clinical Trial  Press Release

AMGN  Amgen Announces New Four-Year Outcomes Study To Examine Long-Term Effects Of Repatha® (evolocumab) In High-Risk Cardiovascular Disease (CVD) Patients Without Prior Heart Attack Or Stroke  {ress Release

ISRG  China performs first 5G-based remote surgery on human brain  Ecns.cn

AZN.L  AstraZeneca launches push into digital tech  Financial Times

PHAS  Tiny PhaseBio gets the New England Journal’s spotlight. Can its shares rebound?  Stat

Opinion  TDOC  Health Care Is Going Digital and This Stock Is Poised to Benefit  Barron’s

Entertainment Games

ATVI  Owning a Call of Duty eSports franchise could cost $25 million  Engadget

ATVI  Overwatch League teams will play in their home cities next season  Engadget

The Future of Sports Is Interactive, Immersive and Intense  “As more sports leagues opt for digital broadcast options, the whole idea of what it means to watch a game is going to change”  WSJ

AMZN  Amazon’s Prime Video Direct Is Cutting Royalty Fees for Low-Engagement Content  Variety

DIS NFLX  Hulu’s Price Cut Will Boost Ad Revenues  “Our updated forecast considers cheaper streaming and new ad units at Hulu”  eMarketer

FOXA NXST TRCO  Fox Is Said to Decide Not to Bid for Nexstar TV Stations  “Company will focus instead on negotiating with affiliates”  Bloomberg

SIRI  Siri currently down for many iOS and HomePod users across Europe  9to5Mac

Military Surveillance

TXT LMT  Czechs to buy army helicopters from U.S. company: deputy minister  “The contract, estimated at 12.5 billion crowns ($553 million), will now go to Bell Helicopter, a unit of Textron, or Lockheed Martin’s Sikorski”  Reuters

Pity The Nation: War Spending Is Bankrupting America  Zero Hedge

Trump Races To Secure Billions For Hypersonic Missiles  Zero Hedge

Man arrested after saying he needed to tour Fort Bragg’s ‘special operations facility’  Military Times

Round 4: Hacker returns and puts 26Mil user records for sale on the Dark Web  ZDNet

Drones Robots

If robots do everything, then what will we do? Will people marry robots in future?  Channel NewsAsia

TM PCFRY  Toyota and Panasonic will showcase assistive robotics during the Tokyo Summer Olympics  TechCrunch

CVRS  Robots are gaining ground in India steadily  “Although India has only 3 robots for every 10,000 workers, enterprises are increasingly turning to robots to save manpower and cost”  Livemint

Body surrogate robot helps people with motor impairments care for themselves  Digital Trends

Social Media

TWTR  Twitter tests conversation ‘subscriptions’  Engadget

TCEHY  Chinese university puts students to WeChat test to pass social media course  “Class members must add more than 1,000 new contacts to make the grade”  SCMP

TCEHY  Chinese university puts students to WeChat test to pass social media course  “Class members must add more than 1,000 new contacts to make the grade”  South China Morning Post

Opinion  The mass shooting in New Zealand shows how broken social media is  MIT Technology News

FaceBook

University academic at center of Cambridge Analytica scandal sues Facebook for defamation  Daily Mail

Facebook’s Top Representative in China Leaves Firm  “Facebook’s chief representative in China left the company earlier this year, according to people familiar with the matter, after a series of corporate missteps that led to a deterioration of relations between Facebook and the Chinese government.”  The Information

FB GOOGL  Facebook’s WhatsApp Explores Using Google To Fight Misinformation  VentureBeat

WhatsApp co-founder renews call for users to delete Facebook, questions Apple’s App Store moderation  9to5Mac

Facebook pulled over 1.5 million videos of New Zealand shooting  Engadget

Travel Hotel

Fallout from the Boeing 737 MAX 8 Crash Could Last for Years  Barron’s

CTRP TOUR  China sees forest travel boom in 2018  Ecns.cn

BA  Airlines fear long grounding of Boeing 737 MAX jets after Ethiopian crash  Reuters

EADSY  Colombia’s Avianca cancels 17 Airbus plane orders, delays 35 deliveries  Reuters

UAL  UAL says business could be hurt if 737 MAX groundings extend into summer  Reuters

BA  Boeing to upgrade stall prevention on 737 MAX: Sources  AFP

RYAAY  Ryanair passenger’s ‘nose bitten off’ during chaotic mid-flight brawl  The Mirror

BA  Ethiopians Say Flight Data From Doomed Jet Shows Similarities to Indonesian Flight That Crashed  NY Times

BA  Boeing Software Fix to Max Will Be Costly Following Twin Crashes  Bloomberg

Linger  Ethiopian Airlines says crash victim DNA tests will take up to 6 months  Reuters

Linger  BA  Boeing 737 MAX software patch expected before end-March: sources  Reuters

Auto

BAMXY DMLRY  BMW, Mercedes-Benz lower prices in China after VAT drop  “BMW AG (BMWG.DE) and Mercedes-Benz said on Saturday they will lower their prices in China, after the government announced it will reduce the country’s value-added tax (VAT) starting on April 1.”  Reuters

BAMXY  BMW may source transmissions in U.S.  Automotive News

TSLA  Elon Musk releases teaser image of Tesla’s ‘cyberpunk’ electric pickup truck  Electrek

TSLA  Texas is trying to block Tesla from even servicing its cars in direct sale battle with car dealers  Electrek

TSLA  Tesla discontinues Model 3 Mid Range battery pack  Electrek

GM  Trump lashes out at GM and Ohio union official, calling for ‘fast’ action to reopen plant  “Trump claims that GM “let our Country down.” “  CNBC

SFTBY GOOGL  Ride-hail service Juno is seeking a buyer  Quartz

Xi’an to impose traffic restriction on vehicle use  Ecns.cn

Retail

K  Corn Flakes face the crunch of shrinkflation! Kellogg’s cuts the size of boxes but keeps same price  Daily Mail

MCD  Tom Watson urges McDonald’s to cancel ‘danger to health’ campaign  The Guardian

AMZN  Virginia county approves Amazon incentives despite protests  “Protesters repeatedly shouted “shame” as a northern Virginia county board unanimously approved a $23 million incentives package for Amazon to build a new headquarters there”  AP

What Role Does Digital Play in US Parents’ Shopping?  “Millennial parents in particular are using digital tools to navigate the world of retail”  eMarketer

Fact  LSE: ABF  Primark installs gender neutral changing rooms  Daily Mail

Apple

Apple Watch detects irregular heart beat in large U.S. study  Reuters

Apple and Stanford Medicine announce full results from Apple Watch Heart Study  “Apple and Stanford Medicine today announced the results of the Apple Heart Study. The study enrolled over 400,000 participants, making it the “largest study ever of its kind,” according to Apple. “  9to5Mac

Highly suspect benchmarks claim to detail Apple-designed ARM chips for Mac  “An unsubstantiated, and highly suspect, “leak” on Friday claims to reveal benchmarks from a pair of desktop-class ARM processors supposedly designed by Apple, offering what could be the first look at A-series silicon destined for Mac. “  AppleInsider

Maxell sues Apple over navigation, camera & data tech patents  “v”  AppleInsider

Benchmarks for Apple’s ARM MacBooks might have leaked, and the scores are incredible  Boy Genius Report

Energy Commodities

PSX  Phillips 66 contains fire at its Los Angeles refinery  Reuters

ENB  U.S. suspends review on Trafigura oil-port project -official  Reuters

ED  Con Edison faces potential fine over breaches of safety rules  Reuters

D  Dominion to keep Connecticut Millstone nuclear plant in service  Reuters

ENI.MI  Saipem joint venture push with U.S. drillers draws a blank -sources  “Italian oil services company Saipem is trying to lure big U.S. rivals into joint ventures but has so far failed to secure deals for stakes in drilling operations valued at up to 1.5 billion euros ($1.7 billion), six sources told Reuters.”  Reuters

ARGT URA  Chinese delegation set to revive stalled Argentina nuclear power plant talks  South China Morning Post

Venezuelan continued oil fallout presents a challenge for global markets, says IEA  MercoPress

GLNCY  Indian antitrust watchdog raids Glencore business, others over pulse prices – sources  Reuters

OPEC + countries improve oil output cut deal’s compliance in February – Secretary General  TASS

KOL  China, Indonesia and India emerge as miners of Australia’s coal  “Western companies under pressure to divest fossil fuel assets”  Nikkei

EWJ  Ill-timed beef duty looms over Japan’s talks with Trump  “US, a nonmember of the TPP-11, would be tariff hike’s only real target”  Nikkei

Saudi energy minister calls for OPEC to “stay the course” on supply cut agreement until June at latest  Reuters

ENGIY PBR  Macquarie Is Said to Leave Group Bidding for Petrobras Pipeline  ” Engie, group including EIG and Mubadala also planning to bid”  Bloomberg

Chinese premier underlines stable grain production  Ecns.cn

Aruba to resume refinery refurbishment after U.S. sanctions exemption  Reuters

Opinion  FSLR CSIQ  Solar Stocks Get Their Power Back  Barron’s

Opinion  2019 Energy Roundtable: The Outlook Brightens for Oil Stocks  Barron’s

Metals

X  Shares in U.S. steel producers could rally along with commodity: Barron’s  Barron’s

NUE STLD CMC X  4 Stocks That Could Rally With Steel  Barron’s

Europe

IL&FS to receive first set of bids under asset monetization process on Monday  “IL&FS board will later consider bids for ₹8,000 crore renewable energy business”  Livemint

UK must take part in EU elections if Brexit delayed: Austrian negotiator  Reuters

UK Conservative lawmaker Boles quits local party over Brexit  Reuters

The EU Is Steadily Moving Towards Creation Of 1984-Style Ministry Of Truth  Zero Hedge

EWG  Dark web crackdown: Germans want to criminalize anyone providing a platform  ZDNet

More than £100bn of UK property is secretly owned  The Guardian

Linger  Fresh clashes as France’s yellow vests seek new momentum  Reuters

China

China says willing to hold more talks with India on blacklisting Kashmir attacker  Reuters

Chinese consumer rights show prompts action on factories turning plastic medical waste into toys  South China Morning Post

China to prosecute top-ranking Uighur official for corruption  Reuters

WUBA  China’s online advertising market expands fast  Ecns.cn

China’s services sector maintains steady growth  Ecns.cn

North Korea

Group seeking to overthrow Kim behind North Korea embassy raid in Spain: Washington Post  Washington Post

Bolton: North Korea ‘not willing to do what they needed to do’ for nuclear deal  The Hill

US and N. Korea will not return to past days of conflict and confrontation: Seoul official  Korean Herald

N. Korea, Russia agree to bolster ‘high-level contact,’ cooperation in various areas  Korean Herald

Asia

EIDO  Indonesia anti-graft agency names president’s ally suspect in bribery case  Reuters

EPHE  Philippines hopes Islamist group ‘neutralized’ after de facto leader killed  Reuters

EWS  Singapore public sector reports yet another security lapse  ZDNet

THD  Thai court allows popular islands to limit visitors  Ecns.cn

EWT  Chinese yuan deposits fall to a five-year low  Focus Taiwan

EWT  Taiwan could continue to see fall in export orders for February  Focus Taiwan

EWT  Taiwan blocks Chinese website over security concerns  Focus Taiwan

EWT  Magnitude 4.5 earthquake shakes eastern Taiwan  Focus Taiwan

EWJ  Japan expanding GSDF’s presence on southwestern islands with new bases and missile batteries  Japan Times

EIDO  Around 35 tourists believed trapped after landslides in Indonesia’s Lombok: official  Reuters

EWJ  Era change brings Y2K-like computer dilemma to Japan  Japan Times

EWJ  Japan doubles share retirement to $50bn in 2018, hitting record  “Big moves by Docomo and others show commitment to shareholder returns”  Nikkei

International

EWZ  Former police officers to face trial in murder of Rio councilwoman  Reuters

ARGT  IMF prepared to help Argentina stabilize exchange market volatility in election year  MercoPress

Venezuela’s Guaido launches national tour in ‘new phase’ to oust Maduro  Reuters

EWW  Mexican journalist killed near U.S. border  Reuters

Opposition leader Guaido tours Venezuela to stir up support  France24

Opinion  CUBA  ‘It Is Unspeakable’: How Maduro Used Cuban Doctors to Coerce Venezuela Voters  NY Times

Russia Ukraine

Russia says it will respond to new EU sanctions  Reuters

Thousands March in Crimea to Mark Fifth Anniversary of Russia’s Annexation  Moscow Times

Russia develops new frigates capable of carrying nearly 50 cruise missiles – source  TASS

Russia may demand Kiev’s compensation for damage to Crimea at highest level – MP  TASS

Ex-Putin adviser who died in U.S. had broken neck, report says  Haaretz

Middle East

Turkey says two of its soldiers killed, eight wounded in northern Iraq  Reuters

U.S. Navy veteran detained in Iran gets 10 years in prison, lawyer says  Reuters

A Gazan Palestinian torched himself to protest hardships under Hamas  DEBKAfile

KSA  RPT-Saudi stocks set to receive $20 bln windfall even as some investors sit out  Reuters

Iran Promises to Unveil 100+ ‘Nuclear Achievements’ to ‘Send Message to Enemies’  Sputnik

Iran to Unveil Over 100 New Nuclear Achievements  Al Bawaba

Africa

Fire kills at least eight, destroys homes in northeast Nigeria camp  Reuters

Cyclone Idai batters Zimbabwe, at least 24 people dead  Reuters

Gunmen attack Mali army base, kill at least 16 soldiers: sources  Reuters

Qatar-Oman Trade Soars 240 Percent Hitting $1.8 Billion in 2018  Al Bawaba

Isis Terror

Six killed as suicide bombers in women’s clothing attack people fleeing Islamic State’s last Syria zone  South China Morning Post

Palestinian attacker kills Israeli in West Bank: Military  Channel NewsAsia

Two Israelis killed, five injured in Palestinian at terror attack outside Ariel  DEBKAfile

A toy plane attached to a hand grenade found in the Eshkol district  DEBKAfile

Climate Change

Indian Scientists Measure 1.3-Billion-Volt Thunderstorm, the Strongest on Record  Gizmodo

California Declared Totally Drought Free For First Time in Seven Years  Slashdot

EWU  Deadly air in our cities: the invisible killer  “Traffic pollution is putting our children at risk. We meet campaigners – many of them concerned mothers – fighting back”  The Guardian

Nebraska dealing with record river flooding  “Some rivers in the state will remain at record flood stage this week.”  AP

Economics

Many S&P 500 CEOs Got a Raise in 2018 That Lifted Their Pay to $1 Million a Month  “The stock market ended 2018 with a swoon but many CEOs in the S&P 500 got a compensation boost”  WSJ

How Investors Should Navigate Globalization’s Decline  Barron’s

Politics

Pelosi says U.S. House to vote March 26 on overriding Trump border-wall related veto  Reuters

Trump says he does not see white nationalism rising  Reuters

Trump defends Fox News hosts from attempt to ‘silence’ them  The Hill

Trump’s 2020 campaign: just like 2016 but now with more political data  The Guardian

Dems fear Trump is looking at presidential pardons  The Hill

White House dismisses praise of Trump by New Zealand shooter  Reuters

FOXA  Trump criticizes trio of Fox News anchors: ‘They should be working’ at CNN  The Hill

Fact

Modern slavery cases ‘rise by over a third’  BBC World News

US woman beats odds of one in 4.7 billion, gives birth to 6 babies in 9 min  Hindustan Times

University of Michigan gives all-clear after ‘active shooter’ alert  Boston

Opinion

Wall Street weekahead: U.S. funds focus on media stocks, banks to find value as mid-caps rally  ““Financials are the cheapest sector in the space, and their earnings are also growing,” Preloger said.”  Reuters

MDCA  What Stagwell Group’s Investment Means for the Future of MDC Partners and Its Agencies  Adweek

Headwinds might turn into tailwinds soon for U.S. economy after shaky start to new year  Marketwatch

AQ  Square Sways as It Tries to Balance Tech and Banking  Barron’s

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