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Wednesday, 11/22/2017 9:32:48 AM

Wednesday, November 22, 2017 9:32:48 AM

Post# of 648882
CNBC BY THE NUMBERS

U.S. stock futures were higher this morning, building on record high closes for the Dow, S&P 500, and Nasdaq. In fact, the S&P topped 2,600 for the first time ever during Tuesday's session, but finished about 1 point shy of that milestone. (CNBC)

In another troubling development at Uber, the ride-hailing giant concealed for more than a year that hackers stole data from 57 million of its users and drivers. The company paid hackers $100,000 to delete the data and keep the breach quiet. (CNBC)

Hewlett Packard Enterprise (HPE) shares were sinking about 5 percent in the premarket, following news that Meg Whitman will step down as CEO on Feb. 1 and HPE President Antonio Nieri will take over. Meanwhile, HPE beat estimates on quarterly earnings and revenue. (CNBC)

* Kevin O'Leary: There's a '50/50' chance Whitman will run for president (CNBC)
* Spin-off HP Incorporated (HPQ) shares slide despite a revenue beat (AP)

Ahead of tomorrow's Thanksgiving holiday and Friday's half-day for the markets, investors get a number of economic reports to consider this morning, including weekly jobless claims and October durable goods at 8:30 a.m. ET, and the University of Michigan's final November consumer sentiment index at 10 a.m. ET. (CNBC)

* Mortgage applications stall as home loan rates rise (CNBC)
* Weekly oil and gasoline inventories at 10:30 a.m. ET (CNBC)

Oil prices jumped by 1 to 2 percent this morning as ongoing cuts of piped Canadian crude to America added to falling U.S. crude inventories. Expectations of a prolonged OPEC-led production cut also offered support. (Reuters)

The Fed is "reasonably close" to its goals and should keep gradually raising interest rates to avoid the dual pitfalls of letting inflation drift below target for too long, and of driving unemployment down too far, said outgoing central bank chair Janet Yellen. (Reuters)

A majority of North American chief financial officers, 54.2 percent, said they support the recently passed House GOP tax reform bill, while 20.8 percent oppose it. That's according to the latest survey of the Global CFO Council. 

IN THE NEWS TODAY

Eight people aboard a Navy transport plane that crashed into the ocean southeast of Okinawa, Japan today, were recovered in good condition. The search continues for three other missing personnel. (CNBC)

President Trump weighed in briefly on the government's attempt to block the $85 billion AT&T-Time Warner merger. He said the deal is "not good" for the country. "But I'm not going to get involved, it's litigation," he added. (CNBC)

Special Counsel Robert Mueller's investigators are asking questions about White House senior adviser Jared Kushner's interactions with foreign leaders during the presidential transition and what role he may have played in firing former FBI Director James Comey. (WSJ)

The U.S. is imposing sanctions on 13 Chinese and North Korean organizations that Washington accused of helping evade nuclear restrictions against Pyongyang and supporting the country through trade of commodities like coal. (Reuters)

* Trump's latest move on North Korea is confusing experts (CNBC)
* Trump, Putin discuss Syria, North Korea in hour-plus call (AP)

The U.S., Mexico, and Canada failed to resolve any major differences in a fifth round of talks to rework the NAFTA trade deal, drawing a swift complaint from the Trump administration that the lack of progress could doom the process. (Reuters)

* US commission recommends tariffs to curb Samsung, LG washer imports (Reuters)

The U.S. government is urging businesses to act on an Intel (INTC) alert about security flaws in widely used computer chips as industry researchers scrambled to understand the impact of the newly disclosed vulnerability. (Reuters)

Apple (AAPL) computer scientists revealed a new method that self-driving could use to detect pedestrians and cyclists in a recently-published research paper, giving a rare glimpse into the U.S. technology giant's work in the field. (CNBC)

* Microsoft's Skype pulled from Apple, Android China app stores (Reuters)

JPMorgan (JPM) is considering whether to provide clients access to CME's new bitcoin product through its futures-brokerage unit, despite CEO Jamie Dimon calling the cryptocurrency a "fraud" and saying if bank traders bought or sold bitcoin he would "fire them in a second." (WSJ)

John Lasseter, chief creative officer at Pixar and Walt Disney Animation Studios, said he's taking a leave of absence, after several "painful" conversations and "missteps." In an email to his staff, Lasseter said he realized he made several employees "feel disrespected or uncomfortable." (CNBC)

STOCKS TO WATCH

Deer shares were rising about 4 percent in premarket trading, after the heavy equipment maker beat expectations with quarterly earnings and revenue.

Salesforce (CRM) came in 2 cents above estimates with adjusted quarterly earnings of 39 cents per share, with revenue also beating projections. But shares were under pressure in the premarket, after the cloud software company warned on outlook.

GameStop (GME) shares were about 8 percent higher in premarket trading, after the video game and console retailer beat estimates on quarterly earnings and revenue. GameStop was helped by the popularity of the new Nintendo Switch gaming console.

Guess (GES) matched estimates with adjusted quarterly profit of 12 cents per share, but the apparel maker's revenue missed forecasts on a sales drop in its Americas region. Shares of Guess were tanking about 12 percent in the premarket.



CONTRIBUTORS


Matthew J.Belvedere

Peter Schacknow

Tom DiChristopher

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