Stockwinners Market Radar for September 17, 2017 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service |
NOC... | Hot Stocks20:02 EDT On The Fly: Top five weekend stock stories - Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Northrop Grumman (NOC) is said to be nearing a purchase of Orbital ATK (OA), a deal that could be worth more than $7.5B, according to The Wall Street Journal, citing people familiar with the matter. A deal could be announced as soon as Monday, sources said. 2. The National Highway Traffic Safety Administration has taken an interim step toward prompting the recall of 1.3M 2011-2017 Ford (F) Explorers, including 2016-2017 Explorer Police Interceptor models, according to Bloomberg. This comes over a year after the NHTSA first started looking into odors and exhaust issues in the vehicles, the publication noted. 3. Goldman Sachs (GS) is rarely thought of as an underdog, but it might be right now, Ben Levisohn wrote in this week's edition of Barron's. Goldman's decline is a result of its own missteps, Levisohn noted, adding that if it can correct its problems, its stock may be able to close the performance gap with its peers. 4. New Line Cinema and Warner Bros. (TWX) horror movie "It" declined a scant 51% to $60M in its second weekend, the biggest sophomore outing ever for the genre. Overseas, The R-rated film adaption of Stephen King's novel grossed $60.3M in its second weekend from 56 markets for a foreign tally of $152.6M and a stunning $371.3M worldwide. 5. Align Technology (ALGN), Analog Services (ADI), Caterpillar (CAT), E-Trade Financial (ETFC), Red Hat (RHT), Cullen/Frost (CFR), and Affiliated Managers (AMG) saw positive mentions in Barron's, while FedEx (FDX) was mentioned cautiously.
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TAC | Hot Stocks19:23 EDT TransAlta announces conversion results for Series E preferred shares - TransAlta announced that after taking into account all election notices received by the September 15, 2017 deadline for the conversion of the Cumulative Redeemable Rate Reset Preferred Shares, Series E into Cumulative Redeemable Floating Rate Preferred Shares, Series F, there were 133,969 Series E Shares tendered for conversion, which is less than the one million shares required to give effect to conversions into Series F Shares. As a result, none of the Series E Shares will be converted into Series F Shares on September 30, 2017.
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TWX... | Hot Stocks19:14 EDT Box Office Battle: 'It' wins weekend again with $60M - New Line Cinema and Warner Bros. (TWX) horror movie "It" declined a scant 51% to $60M in its second weekend, the biggest sophomore outing ever for the genre. Overseas, the R-rated film adaption of Stephen King's novel grossed $60.3M in its second weekend from 56 markets for a foreign tally of $152.6M and a stunning $371.3M worldwide. BOX OFFICE RUNNERS-UP: Lionsgate's (LGF.A) "American Assassin" came in second, with a solid $14.8M from 3,154 theaters. The film is based on late author Vince Flynn's novel of the same name and earned a B+ CinemaScore from audiences. Behind it was Paramount's (VIAB; VIA) "mother!," grossing an estimated $7.5M from 2,368 theaters after receiving an F CinemaScore. The romantic comedy distributed by Open Road films "Home Again" followed at number four, with an estimated $5.3M for a muted 10-day domestic total of $17.1M. Rounding out the top five, Lionsgate's "The Hitman's Bodyguard" earned an estimated $3.6M, passing the $70M mark in its fifth weekend. Other publicly traded companies in filmmaking include Sony (SNE), Comcast (CMCSA), Walt Disney (DIS), and 21st Century Fox's (FOX).
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NEE | Hot Stocks16:38 EDT NextEra Energy restores power to 90% of customers impacted by Irma - Florida Power & Light Company is working aggressively to restore power to the remaining customers affected by Hurricane Irma, and as of this evening, fewer than 500,000 people remain without power. Restoration in Palm Beach, Indian River, Martin, St. Lucie and Union counties is 95% complete or higher. Brevard, Broward and Columbia counties are all at least 90% restored. Duval, Hardee, Orange and Osceola counties are 100% restored. FPL has established walk-up sites for our customers in several communities. The NextEra Energy Foundation, the charitable arm of Florida Power & Light Company and its parent company, NextEra Energy, is donating $1M to the Florida Disaster Fund to support relief efforts in the wake of Hurricane Irma. In addition, the Foundation will match employee contributions.
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