Heads-up News 

Tokyo Trading Session Heads Up Wednesday, May 16, 2018

Tokyo opening news digest

A Comcast-Fox marriage would be built on a ton of debt

Comcast’s debt would more than double to $164 billion if it acquires Sky and most of 21st Century Fox.

 

Walmart Gives Up Replacing Store Cashiers With Machines

Walmart couldn’t convince customers to do the job of a cashier.

 

The $50B ‘Pre-IPO’ Market’s Next Step Could Be Turning To Blockchain

Could the multi-billion dollar ‘pre’ Initial Public Offering (IPO) market be poised to turn to the Blockchain and associated distributed ledger technology (DLT) as an effective and efficient model to raise capital for ventures? Some pundits in the DLT and cryptocurrency space think so.

 

Tencent’s business is about as big as Facebook’s thanks to its stronghold in China

Tencent’s social media platforms are to China as Facebook’s are to the rest of the world and yet the companies are similar in their financial outputs.

 

A Tesla board member was ousted from his venture capital firm amid sexual harassment allegations — now there are calls for him to be booted from the automaker too (TSLA) | Markets Insider

Steve Jurvetson, a member of Tesla’s board since 2009, has been on a leave of absence for six months.
Proxy firm Glass Lewis is advising shareholders to b…

 

Britain to tell Brussels it’s willing to stay in customs union: report

Britain will tell the European Union it is prepared to stay in the customs union beyond 2021, The Daily Telegraph reported, without attribution. The U

 

Ford to resume F-150, Super Duty production

Ford Motor Co. F, +1.60% will resume production of its best-selling F-150 pickup truck at its Dearborn, Mich., plant on Friday, and its Super Duty pic

 

Take-Two stock falls after earnings, weak guidance

Take-Two Interactive Software Inc. TTWO, -0.35% shares were halted at the bell and then fell more than 6% after hours when trading resumed Wednesday.

 

Cheer Up

Adage:

Don’t be a dick for a tick. – John F. Carter

Cartoon:


Image courtesy: www.profitf.com

Have a nice trading!




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