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Monday, 01/16/2017 10:07:03 PM

Monday, January 16, 2017 10:07:03 PM

Post# of 365639
Catch up on the weekend's top five stories: 1. General Motors (GM) appears set to follow Ford (F), Fiat Chrysler (FCAU) and others in announcing U.S.-centric manufacturing plans in the wake of Donald Trump's election, according to sources quoted by the Wall Street Journal. The automaker will commit to "at least" $1B in new domestic investments, the publication said, adding that an announcement could come as soon as Tuesday. For his part, Trump tweeted Sunday that "car companies and others, if they want to do business in our country, have to start making things here again." 2. Noble Energy (NBL) will acquire Clayton Williams Energy (CWEI) in a $2.7B cash and stock deal, substantially boosting its presence in the Permian Basin of Texas and New Mexico. The company, which also updated its four-year targets, noted that "the midstream assets and planned buildout provide significant synergies and substantial dropdown potential in association with our ownership in Noble Midstream Partners (NBLX)." 3. Software company Progress (PRGS) issued its fourth quarter report Monday, which included a lower-than-expected Q1 forecast and news of a refreshed strategic plan alongside the departure of Chief Operating Officer Jerry Rulli. 4. Fox's (FOX) surprise winner "Hidden Figures" and Lionsgate's (LGF) Oscar hopeful "La La Land" topped the U.S. box office over the Martin Luther King, Jr. weekend, while several newcomers, including Time Warner's (TWX) Ben Affleck-led "Live by Night" failed to place in the top five despite sizable budgets. 5. Revlon (REV) and Goldman Sachs (GS) saw positive calls in Barron's, while Exxon Mobil (XOM) was discussed negatively

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