Fly Intel: Top five weekend stock stories

Catch up on the weekend's top five stories with this list compiled by The Fly: 1. President Donald Trump said on Sunday that he did not want the U.S. to do business with China's Huawei even as the administration weighs whether to extend a grace period for the company, according to Reuters. He said there were small parts of Huawei's business that could be exempted from a broader ban, but that it would be "very complicated." This follows earlier reports saying that the Trump administration was preparing to extend the length of a license that has enabled Huawei to continue working with U.S. customers despite national-security concerns that landed the telecom company on an export blacklist earlier this year. 2. The Centers for Disease Control and Prevention is investigating a "cluster" of lung illnesses linked to e-cigarette use after such cases were reported in 14 states, Reuters' April Joyner reported. Since June 28, states have reported 94 possible cases of severe lung illness tied to vaping, with 30 occurring in Wisconsin, the author noted, citing a CDC statement. The CDC said there was no evidence that an infectious disease was behind the illness but that more information was needed to determine whether they were caused by e-cigarette use. Juul, in which Altria Group (MO) has a 35% stake, is the dominant e-cigarette maker in the U.S., the publication added. 3. American Eagle's (AEO) outlook is more enticing than most investors realize, despite trade war that could still clip the wings of the apparel and accessories retailer, Leslie Norton wrote in this week's edition of Barron's. In a retail environment littered with failures, the company has been gaining market share, and hiding in American Eagle is one of the nation's fastest growing retailers, Aerie, the author noted. 4. Comcast (CMCSA) subsidiary Universal's "Good Boys" won the U.S. box office with a $21M debut from 3,204 theaters. This was the biggest opening for an original comedy in 2019 and the second-biggest of any comedy this year behind "Madea's Family Funeral." "Good Boys" received a B+ CinemaScore and 80% on Rotten Tomatoes. 5. Grocery Outlet (GO), Royal Dutch Shell (RDS.B), BP (BP), and Exxon Mobil (XOM) saw positive mentions in this week's edition of Barron's, while Myriad Genetics (MYGN) was mentioned cautiously.