Markets Are Watching Walmart, Harvey Weinstein, Brexit and More
1. Stock futures are higher
Overnight, European stocks traded mixed reacting to Catalonia's push for independence, along with UK Prime Minister Theresa May's efforts to right the country's stalled Brexit negotiations.
2. Reuters reports Honeywell (HON) - Get Report plans to spin off non-core assets and create at least two new publicly listed companies.
It would be the first major shakeup since Darius Adamczyk took over as CEO.
3. Walmart (WMT) - Get Report is beefing up e-commerce.
Walmart announced it will allow customers to initiate returns using the company's app.
4. Harvey Weinstein was fired by the Weinstein Co.
It follows a New York Times (NYT) - Get Report exposé uncovering sexual misconduct allegations that spread over nearly three decades
5. Shares of Deutsche Bank AG (DB) - Get Report fall
They are down more than 1% on reports of a rift between CEO John Cryan and Chairman Paul Achleitner.
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