Be in the know. 10 key reads for Friday…

  1. US officials say they will investigate the risky $1.6 trillion ‘leveraged loan’ market (Business Insider)
  2. Americans are struggling with their credit card debts, and 2 million accounts fell seriously behind in 2018 (Business Insider)
  3. Chinese exports slump as slowdown deepens (MarketWatch)
  4. Costco Earnings Crush Views, Same-Store Sales Strong; Stock Rises (Investor’s Business Daily)
  5. Blackjack dealer charged with helping gamblers cheat (New York Post)
  6. China’s $345 Billion Stock Rout Shows Beijing’s Fear of Bubbles (Bloomberg)
  7. A Hedge Fund Steps Into Nigeria’s $9 Billion Corporate Dispute (Bloomberg)
  8. ECB warns markets not to expect a hike before 2020 as it announces fresh stimulus for ailing European economy (Business Insider)
  9. Mar-A-Lago Summit Delayed As Beijing Gets Cold Feet On Trade Deal (ZeroHedge)
  10. Why 4 Exploration and Production Energy Stocks May Be Takeover Targets (24/7 Wall Street)

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Insider Buying – CenturyLink, Inc. (CTL)

On March 6, 2019, Jeffrey Storey – President & CEO of CenturyLink, Inc. (CTL) – purchased 83,000 shares of CTL at ~$11.94. His out of pocket cost was $991,261.  On the same day, the CFO bought $587,500 of stock.

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