Fed Chairperson To Be Named:
Lots of key events are planned this week. We expect a Federal Reserve Chairperson to be named, tax reform is moving through Congress, the Labor Department will release the October jobs report Friday and President Donald Trump leaves for a trade mission to Asia.
Constellation Brands and Cannabis:
Constellation Brands (STZ) , owner of Corona beer and others will invest $200 million in Canopy Growth, a Canadian marijuana company. Canopy Growth is the world's largest publicly traded cannabis company.
Lennar and Calatlantic:
Lennar (LEN) is buying Calatlantic (CAA) for $9.3 billion. The deal will create the nation's largest home builder, estimated annual revenue of $18 billion. It's a stock and debt deal and subject to approval by both company's shareholders.
Earnings Reports Today:
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