Monday 21 May 18 Morning Notes

Heaved up two bricks in one week last week, unreal! Then my two winning trades were both only partially filled. Ugh!

Earnings: Yesterday AMC: 
Today BMO: CMCM, KLXI, QD

Other News: MU +5% after raising guidance; CPB -1.2% (downgraded to Underperform from Neutral at BofA/Merrill); MBFI +14.7% (MB Financial to merge with Fifth Third Bancorp (FITB) in a transaction valued at $4.7 bln, or approximately $54.20/share in cash & stock), LHO +5% (confirms deal to be acquired by Blackstone (BX) for $33.50/share in cash), GE +2.3% (confirms deal to combine with GE's (GE) GE Transportation in $11.1 bln transaction), WAB +2.1% (confirms deal to combine with GE's (GE) GE Transportation in $11.1 bln transaction; DDS +_5% on u/g;

    

Follow Through Names to Watch: DE, CPB, AMAT, JWN

GAINERS:

LOSERS:

FLAT:

Follow through watch:
Day before Y'day AMC: AMAT, JWN; RAVN, TARO, VNET
Yesterday BMO: CPB, DE

Y'day Other News: BIDU -4% on news that its AI chief is stepping down; GOOGL -1% after announcement that it'll be featured negatively on 60 minutes; CPB announces earnings and CEO announces retirement effective today; PYPL +1% after it makes $2.1b acquisition to better compete with SQ which is -3% on the news; SYF increases dividend and announces $2.2b buyback authorization;

2 days ago AMC: CSCO, NTES, TTWO; FLO, JACK
2 days ago BMO: BZUN, DDS, JCP, PLCE, WMT

2 Day Old News: ABAX +15% on neews that ZTS to buy firm in $1.9b deal; TEVA +4% to 21.15 as Buffet adds to stake;

TT Track of the Day: Type O Negative - Stay out of my dreams