S&P Futures Slide Pre Market - Weekly Preview

Morning Movvers:

Upside:

TSLA Market Chatter: Tesla Up 2%, Model S Reportedly Outselling Other Luxury Models in California - Up $3 pre market
FB Facebook trading slightly higher premarket; may be attributed to positive Forbes.com story out over the weekend

ONXX to be bought by AMGN for $125/share

AMGN up big on that also

TMS to be bought for $17.50/share by Pritzker Organization, LLC

QIHU earnings last night

DLTR Deutsche Bank upgrades Hold to Buy

HAS CitiGroup raises Sell to Buy (Sell to Buy is a big upgrade)

Review & Preview

      -- Look for the preliminary purchasing managers' report from Markit to
show further pickup in manufacturing activity in August, says Price. Also on the
roster: weekly jobless claims.
      -- Dallas Fed President Richard Fisher, a policy hawk, speaks to the U.S.
manufacturing summit in Orlando, Fla.
      -- The Jackson Hole, Wyo., symposium sponsored by the Kansas City Fed
begins. Janet Yellen, a front-runner to replace Fed Chair Ben Bernanke, will
moderate a panel, although the chairman won't attend.
      -- Teen retailers Aeropostale and Abercrombie & Fitch post results. Also
on the roster: Ross Stores.
      -- President Barack Obama begins a road trip to win support for his jobs
plan.
      -- The World Cancer Congress begins.
      Friday 23
      -- New-home sales for July should be relatively flat with the prior month,
says Ameriprise's Price.
      -- Positions on the scope of an injunction involving Apple and the e-book
price-fixing case are due.
      -- The U.N. Security Council meets to discuss the situation in Egypt.

Fed's Lockhart: Adjustment To Bond Purchases Could Occur In Sept., Oct. Or Dec.

08/13 | 12:45 |     ------ | DJ | Fed's Lockhart: Debt Ceiling Debate Poses Risk To Economy
08/13 | 12:45 |     ------ | DJ | Fed's Lockhart Forecasts Gdp Growth Will Pick Up In 2nd Half 2013, 2014
08/13 | 12:45 |     ------ | DJ | Fed's Lockhart: Employmnent Gains 'Strong', gdp Growth Remains 'Lackluster'
08/13 | 12:45 |     ------ | DJ | Fed's Lockhart: Uneven Economic Preformance Prevents Fed From Offering Specific Guidance
08/13 | 12:45 |     ------ | DJ | Fed's Lockhart: Recent Data Doesn't Present Clear Economic Picture
08/13 | 12:45 |     ------ | DJ | Fed's Lockhart Needs To See Employment Progress 'Not Stalling'
08/13 | 12:45 |     ------ | DJ | Fed's Lockhart: Adjustment To Bond Purchases Could Occur In Sept., Oct. Or Dec.
08/13 | 12:45 |     ------ | DJ | Fed's Lockhart: First Reduction In Bond Purchases Should Be 'Cautious First Step'

Barron's Wrong on Tesla $50 Target - Weekly Preview Review

Barron's: A Return Visit To Earlier Stories: Bubble Trouble
At Tesla
Aug 10 at 00:08
   

 Electric-car pioneer Tesla Motors reported a triumphal June quarter last
Wednesday, jolting the company's shares to $153 (ticker: TSLA) by week's end.
At a market value for Tesla of $18 billion, investors are looking far beyond
its current $90,000 Model S and betting that founder Elon Musk will sell
hundreds of thousands of lower-priced cars.
      "I have high confidence that we can create a compelling car for around $
35,000," said Musk in Tesla's earnings Webcast. "There is a huge amount of
work, but no miracle is required." We didn't share that confidence in our June
10 cover story ("Recharge Now!"), when Tesla stock was a mere $102. While
admiring of Musk and the award-winning Model S, we were skeptical that Tesla
could cut battery costs enough to deliver the cheaper "Gen 3" car with a
200-mile range by 2017. We even had the gall to suggest that Tesla stock might
drop toward $50 if the Gen 3 failed to deliver mass-market sales. Nothing in
its results changes that picture.

The Future Of TV - Apple - Google - Netflix - Weekly Preview

• http://timkcorp.com/jt

  BARRON'S COVER

  The Future of TV

  By Alexander Eule

  Netflix, Google, Apple, and Intel think they can remake the industry, but there's a lot of money and brain-power standing in their way.

Barron's: Don't Touch That Dial
By Alexander Eule

      (FROM BARRON'S 8/5/13)
      Netflix is having a good summer. The Internet streaming service garnered
14 Emmy nominations last month, including a Best Actor nod for House of Cards
star Kevin Spacey. Four days later, the company announced that U.S. subscribers
to its video-streaming service hit 30 million.
      Netflix shares (ticker: NFLX) are up 170% on the year, making them the
best performer in the S&P 500. But it's the future of TV that investors are
really excited about, and Netflix is not shy about putting itself in the center,
declaring on its Website, "Over the coming decades and across the world,
Internet TV will replace linear TV . . . . As Internet TV grows from millions to
billions, Netflix is leading the way."

LinkedIn $LNKD - 8 Major upgrades so far on $LNKD

LinkedIn tgt price raised to $230 from $200 at Cannacord

LinkedIn price target raised to $255 from $215 at Jefferies

LinkedIn SOTP tgt raised to $260 from $218 at Credit Agricole

LinkedIn price target raised to $260 from $218  at CLSA

LinkedIn price target raised to $252 from $232 at Susquehanna

LinkedIn price target raised to $259 from $207 at JPMorgan

LinkedIn tgt to $259 from $207 at JPMorgan, to $255 from $215

LinkedIn price target raised to $270 from $228 at Piper Jaffray