"We risk becoming the best informed society that has ever died of ignorance"
- Rubén Blades

"You can't make up anything anymore. The world itself is a satire. All you're doing is recording it"
- Art Buchwald

"It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium"
- Tyler Durden

"It is your corrupt we claim. It is your evil that will be sought by us. With every breath, we shall hunt them down."
- Boondock Saints

Tuesday, December 13, 2016

Insider Trading: Tuesday December 13

I'm overseas doing "research" so I missed posting yesterday. Here's the overnight recap.
  • Mac & cheese Sold At Aldi, Dollar Tree Recalled For Salmonella (FDA)
  • Egypt Cancels Tender To Rent Third LNG Regasification Terminal (YAHOO)
  • Top Indian Gas Utility Pushes Gazprom For LNG Price Cut (BUSINESS TIMES)
  • U.S. Shipbuilders Ready to Build Trump’s 350-Ship Navy (GCAPTAIN)
  • OPEC Deal Will Create Oil-Supply Deficit in First Half, IEA Says (BLOOMBERG)
 
Highlights from Analyst notes:
  • Barclays says implied WACC for its European Oil Service names at lowest level since Q4 2010.
  • Jefferies upgrades Unilever Plc. from Hold to Buy.
  • Goldman Sachs says there is a clear link between the dispersion of sell-side earnings estimates and the size of stock moves on the day Co's announce earnings. 
 
December 13 Events:
  • Premarket - BLBD - Blue Bird - Est. EPS $0.62, Revenues $291.33M
  • Australian Nov. New Motor Vehicle Sales at 1730 hours (SOURCE DATA
  • Johnson Redbook Retail Sales Index at 0855 hours (SOURCE DATA)