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Xerox Just Upped Its Bid For HP To Nearly $35 Billion

Plus, Simon Property Group is acquiring Taubman Centers for $3.6 billion, and Eli Lilly shares are down after a failed trial for its Alzheimer’s drug candidate.

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Commodities
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This Commodity May Be Flashing Warning Signs For The Market

Demand for this precious metal has ground to a halt and it could be a signal of dark times ahead. Here’s why.

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Twitter Shares Are Soaring After Earnings & Active Users Beat

Plus, China announced it will halve tariffs on $75 billion worth of U.S. goods, and Yum! Brands warned that it could fall short of its outlook as the coronavirus outbreak weighs on its sales in China.

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Merck Is Spinning Off 3 Divisions To Focus On “Key Growth Drivers”

Plus, Tesla shares are taking a hit as its production in China is halted by the coronavirus, private payrolls soared by 291,000 in January, and Macy’s just released a new turnaround plan.

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China
Commodities
Gold

Gold Is Nearing $1,600 & Analysts Say The Shiny Metal Is Headed Far Higher

Investors have flocked to the precious metal as the spread of the coronavirus has sparked fear, and it could be about to signal a new leg in a powerful rally.

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L Brands Shares Are Surging As Report Says It’s Preparing To Sell-Off Victoria’s Secret Brand

Plus, the coronavirus now has more than 6,000 confirmed cases, Apple delivered a blowout quarter, and Boeing said costs related to the grounding of its 737 Max plane have exceeded $18 billion.

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Telecommunication

Harley-Davidson Just Reported Its Lowest Quarterly Sales Since 2014

Plus, the Chinese coronavirus has spread to more than 4,600 patients, U.S. consumer confidence grew this month, and the U.K. is allowing vendors to use Huawei hardware in the build-out of the country’s 5G network.

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Oil Drops To Its Lowest Level In 3 Months As Coronavirus Spreads

Plus, Johnson & Johnson’s chief scientific officer said he believes the company can develop a vaccine for the deadly virus within the next couple of months, and GM announced it’s investing $3 billion on the production of electric vehicles.

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Intel Just Posted An Earnings Beat & Shares Are On The Rise

Plus, the CDC identified a second case of the coronavirus in the U.S., Wells Fargo’s former CEO was barred from working at a bank again, and American Express also beat Wall Street’s expectations in its Q4 report.

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Barclays Just Upgraded Victoria’s Secret Parent L Brands As “Change Is Afoot” At The Company

Plus, there are now more than 600 confirmed cases of the coronavirus in China, Trump’s impeachment trial is headed into day 3, and Southwest Airlines and American Airlines reported earnings.

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