Saturday, February 25, 2017

Today's Headlines

  • Trump Administration Makes Its First Move to Build Border Wall. President Donald Trump’s administration is soliciting ideas from contractors on how to build its promised wall between the U.S. and Mexico, a first tangible step toward delivering on the president’s signature campaign promise to curb unauthorized immigration. U.S. Customs and Border Protection issued a preliminary request for proposals Friday, saying it plans to release a formal solicitation around March 6 “for the design and build of several prototype wall structures in the vicinity of the United States border with Mexico.”
  • Retailers Push Alternatives in a Bid to Kill Border-Adjusted Tax. U.S. retailers are working with lawmakers in the House and Senate to craft alternatives to a proposed tax on imported goods that they say will raise prices for consumers. “We’re in the process of working with the Hill to give a couple of different alternatives to what we think would be a regressive tax,” J.C. Penney Co. Chief Executive Officer Marvin Ellison said Friday in an interview.
Wall Street Journal: 
  • Had bullish commentary on (RIG), (GPN), (AXTA) and (TV).
  • Had bearish commentary on (HOG).
Zero Hedge:
CBS News:

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