Senate Democrats want President Trump to disclose who’s visiting the White House and Mar-a-Lago.
In letters Monday to Trump and the Secret Service, eight lawmakers urged the administration to extend an Obama-era policy of posting White House visitor logs online, and to include guests at the president’s Florida resort.
Obama’s White House began opening visitor logs to the public in 2009 after a legal settlement with a government watchdog group that had sued for access to them. The logs were released every three to four months.
“Continuing President Obama’s transparency policies would help dispel concerns that the wealthy and the well-connected have unfair access to your White House,” the senators wrote to Trump.
The letters were signed by Senators Sheldon Whitehouse of Rhode Island, Ron Wyden of Oregon, Jack Reed of Rhode Island, Tom Carper of Delaware, Tom Udall of New Mexico, Kristen Gillibrand of New York, Richard Blumenthal of Connecticut and Chris Van Hollen of Maryland.
stock trading for beginners: Rave Restaurant Group, Inc.(RAVE)
Advisors’ Opinion:
- [By Rick Rouse]
Rouse is sticking with his Best Stocks entry for this year’s competition. His selection is Rave Restaurant Group (RAVE), which owns Pie Five Pizza, a fast-casual pizza joint that Rouse thinks is changing the industry with its unique ovens.
Says Rouse: “The company is on track to open 500 Pie Five locations over the next few years, and we are still in the early innings of this ballgame.”
- [By Lisa Levin]
Rave Restaurant Group Inc (NASDAQ: RAVE) was down, falling around 18 percent to $1.65. RAVE Restaurant reported a $5 million equity rights offering.
- [By Lisa Levin] Related Mid-Afternoon Market Update: CytomX Therapeutics Climbs Following Bristol-Myers Squibb Partnership; Medgenics Shares Slide 15 Biggest Mid-Day Losers For Monday Cerulean Pharma's (CERU) CEO Chris Guiffre on Cerulean and Dar茅 Proposed Transaction (Transcript) (Seeking Alpha)
Related Mid-Afternoon Market Update: Cancer Genetics Gains After Q4 Results; Heat Biologics Shares Slide Mid-Day Market Update: Dow Rises Over 50 Points; Tandem Diabetes Care Shares Plunge Tandem Diabetes prices stock offering at $1.25; shares off 19% premarket (Seeking Alpha)
Cerulean Pharma Inc (NASDAQ: CERU) shares dipped 27 percent to $0.817. Cerulean Pharma shares have dropped 60.28 percent over the past 52 weeks, while the S&P 500 index has gained 15.31 percent in the same period.
Tandem Diabetes Care Inc (NASDAQ: TNDM) shares tumbled 24.2 percent to $1.17. Tandem Diabetes Care priced 18 million share offering at $1.25 per share.
Alphatec Holdings Inc (NASDAQ: ATEC) shares fell 21.1 percent to $2.10 as the company reported a $18.9 million private placement.
Heat Biologics Inc (NASDAQ: HTBX) shares dropped 15.5 percent to $0.870. Heat Biologics priced its 5 million share offering at $0.80 per share.
Rave Restaurant Group Inc (NASDAQ: RAVE) shares fell 15 percent to $1.76.
QuickLogic Corporation (NASDAQ: QUIK) shares declined 12.2 percent to $1.58. QuickLogic priced its 10 million share offering at $1.50 per share.
Orion Engineered Carbons SA (NYSE: OEC) shares dropped 9.5 percent to $19.10. Orion Engineered Carbons reported a 5 million common stock secondary offering.
Interpace Diagnostics Group Inc (NASDAQ: IDXG) shares fell 8.7 percent to $2.61 after the company reported debt restructuring and agreed to eliminate its royalty and mileston
stock trading for beginners: Jacobs Engineering Group Inc.(JEC)
Advisors’ Opinion:
- [By Chris Lange]
The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Tuesday was Jacobs Engineering Group Inc. (NYSE: JEC) which rose about 9% to $64.92. The stocks 52-week range is $49.31 to $65.29. Volume was1.8 million compared to its average volume of less than 1 million.
- [By Ben Levisohn]
Lee offers 22 stocks that could benefit from the correlation trade: Western Digital (WDC), Xerox (XRX), First Solar, Ford Motor, Best Buy (BBY), PulteGroup (PHM), AutoNation (AN), Textron (TXT), Jacobs Engineering Group (JEC), Mosaic, BB&T (BBT), Fifth Third Bancorp (FITB),Loews (L), Regions Financial (RF), KeyCorp (KEY), Comerica (CMA), Leucadia National (LUK), Zions Bancorp (ZION), Valero Energy (VLO), Marathon Oil, Cardinal Health (CAH), and Pepco Holdings (POM).
stock trading for beginners: Starbucks Corporation(SBUX)
Advisors’ Opinion:
- [By Daniel B. Kline]
As Starbucks (NASDAQ:SBUX) dramatically adds to its number of stores both in the United States and globally, the chain has committed to using its hiring power to affect the communities it operates in. The company, which plans to add 12,000 stores by 2021, has increased the number of veterans and military spouses it has pledged to hire to 25,000 by 2025, having already reached its goal of hiring 10,000 by 2018.
- [By Chris Lange]
And Starbucks Corp. (NASDAQ: SBUX) will report its most recent quarterly results on Thursday. The consensus estimates call for $0.55 in EPS and $5.81 billion in revenue. Shares closed trading at $54.88 on Friday, in a 52-week range of $50.84 to $64.87. The consensus price target is $63.98.
- [By Douglas A. McIntyre]
The suggestion of a boycott of Starbucks Corp. (NASDAQ: SBUX) products because its CEO plans to hire thousands of refugees, as well as an analyst downgrade of Under Armour Inc. (NYSE: UAA) stock due to the CEO Kevin Plank’s positive comments about the effects of Trump on American business, show how widely the debate over association, either positive or negative, with White Housepolicies has exploded.
- [By WWW.USATODAY.COM]
That’s what happens when someone decides to give a gift card. It counts as a gift, but in most cases a Starbucks (NASDAQ: SBUX) card (which one in six Americans received in 2015) or any other gift card mostly says either “I don’t know you that well” or “I don’t care about you that much.”
- [By Chris Lange]
Huge promotions have always been a staple of retailers during the holiday season. Now Starbucks Corp. (NASDAQ: SBUX) is capitalizing on the holiday cheer not just with pumpkin spice lattes and launching its biggest giveaway ever with Project Give Good.
stock trading for beginners: Deckers Outdoor Corporation(DECK)
Advisors’ Opinion:
- [By Taylor Cox]
Analyst/Investor Days
Finjan Holdings, Inc (NASDAQ: FNJN)
Danaher Corporation (NYSE: DHR)
Delta Air Lines, Inc (NYSE: DAL)
Deckers Outdoor Corporation (NYSE: DECK) annual shareholder meeting, to vote on Marcato Capital board nominees
Legal
- [By Matt Hogan]
SKX is also highly attractive in a relative basis when compared to several of its publicly traded peers: Foot Locker, Inc. (NYSE: FL), Deckers Outdoor Group (NYSE: DECK), Wolverine World Wide, Inc. (NYSE: WWW) and Columbia Sportswear Company (NASDAQ: COLM). The company's forward EBITDA multiple of 6.9x is equal or below all of the comparable companies: FL (6.9x), DECK (7.6x), WWW (10.1x) and COLM (10.8x).
- [By Ben Levisohn]
Hanesbrands was just one of many retail companies that got shellacked this week. Under Armour (UAA) tumbled 29% after missing earnings forecasts and cutting its guidance, while Deckers Outdoor (DECK) plunged 21% after its earnings missed the Street consensus, and Ralph Lauren (RL) plummeted 13% after its CEO stepped down.
