Additional US equity stories post the release of the Daily US equity opening news

DJIA

General Electric (GE) – The co, has identified that USD 20bln + of assets will exit the co. in 2 years. (Newswires)

 

S&P 500

Allstate (ALL) – The co. announces the expansion of ride-hailing coverage in seven different states for customers who drive for companies like Lyft & Uber. (Newswires)

Praxair (PX) – Linde (LING GY) says shareholders are representing 50.85% of capital accept exchange offer for the co. merger by October 20th, they need at least 75% for the merger to go through. (Newswires)

 

NASDAQ 100

Baidu (BIDU) – The co. signs a strategic partnership with BAIC group and King Long to accelerate autonomous driving. (Newswires)

 

OTHER NEWS

BROKER MOVES

Upgrades

MGM RESORTS (MGM) UPGRADED TO CONVICTION BUY FROM BUY AT GOLDMAN SACHS

TECHNIPFMC (FTI) UPGRADED TO BUY FROM HOLD AT GABELLI

 

Downgrades

ENABLE MIDSTREAM DOWNGRADED TO HOLD FROM BUY AT TUDOR PICKERING

HOME BANCSHARES (HOMB) DOWNGRADED TO HOLD FROM BUY AT SANDLER O'NEILL

UNITED CONTINENTAL (UAL) DOWNGRADED TO PEER PERFORM FROM OUTPERFORM AT WOLFE RESEARCH

WESBANCO (WSBC) DOWNGRADED TO HOLD FROM BUY AT SANDLER O'NEILL

 

Initiations

DRIL-QUIP (DRQ) INITIATED WITH A HOLD AT GABELLI

HUB GROUP (HUBG) INITIATED WITH A NEUTRAL AT BUCKINGHAM

VISTRA ENERGY (VST) INITIATED WITH AN OUTPERFORM AT EVERCORE ISI

20 Oct 2017 - 14:00- EnergyResearch Sheet- Source: RANsquawk

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