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Stockwinners Market Radar for December 19, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service |
| ITHX... | Hot Stocks20:10 EST Fly Intel: Top five weekend stock stories - Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Mondee is close to a deal with a special-purpose acquisition company that would value the travel-technology firm at about $1 billion and take it public, The Wall Street Journal's Amrith Ramkumar reported, citing people familiar with the matter. Mondee, which operates a software platform that mainly connects travel agents and other companies with airlines in the market for privately priced discounted flights, is nearing a merger with the SPAC ITHAX Acquisition Corp. (ITHX), the people said. The deal could be announced as soon as Monday, the author noted. 2. Airbus (EADSY) says airlines ordering popular single-aisle jets used on short-haul routes face a two-year wait for delivery as supply constraints persist, Financial Times' Sylvia Pfeifer and Claire Bushey reported. Christian Scherer, chief commercial officer at the European aerospace group, said demand from airlines for the company's A320 family of jets was so strong that "by and large" delivery slots for larger orders were now around 2024-2025. 3. Oracle (ORCL) shares have had a fantastic run in 2021, as the company sees increased adoption of cloud-based versions of its database and application software, while showing strong growth for Oracle Cloud, an emerging rival to Amazon (AMZN) Web Services and Microsoft (MSFT) Azure, Eric J. Savitz wrote in this week's edition of Barron's. But there's a new wrinkle in the Oracle story. Late Thursday, The Wall Street Journal reported that Oracle is holding talks for a $30 billion acquisition of electronic medical records company Cerner (CERN), the author notes. It's likely to be just a brief interruption for Oracle's rally. The cloud growth is a multiyear opportunity, the publication added. 4. Sony (SONY) and Marvel's "Spider-Man: No Way Home" won this weekend's domestic box office with a record-breaking debut, grossing $253M from 4,336 locations. This was the third-biggest domestic opening of all time at the box office amid growing concerns over omicron variant. Overseas, the film earned $334.2M for a global cume of $587.2M, also the third best global opening ever, not adjusted for inflation. 5. Fortress Transportation & Infrastructure Investors (FTAI) and Shify4 (FOUR) saw positive mentions in this week's edition of Barron's.
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| VRS | Hot Stocks18:23 EST Verso to be acquired by BillerudKorsnas AB for $27 per share in cash - Verso announced that it has entered into a definitive merger agreement under which BillerudKorsnas AB will acquire all of the outstanding shares of Verso for a purchase price of $27 per share in cash, or approximately $825 million. Verso's Board of Directors, acting upon the recommendation of a special committee of Verso's Board, has unanimously approved and resolved to recommend approval of the merger by Verso's shareholders. The transaction is expected to close in the second quarter of 2022. The consideration corresponds to a premium of approximately 35% compared to closing price of Verso's shares on December 17, 2021; a premium of approximately 26% compared to Verso's volume-weighted average share price during the last 30 trading days; and a premium of approximately 57% compared to the unaffected closing price of Verso's shares on July 9, 2021, the day prior to Atlas Holdings' submission of an unsolicited, non-binding proposal to acquire Verso for $20.00 per share in cash. A special meeting of Verso's shareholders is expected to be convened following the mailing to Verso's shareholders of a proxy statement for the transaction. The transaction is expected to close during the second quarter of 2022, subject to the approval of Verso's shareholders, as well as receipt of regulatory approvals and satisfaction of other customary closing conditions. Regulatory approvals include U.S. antitrust approval as well as approval from relevant state and federal energy regulatory authorities in the U.S.
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| XSPA DNA | Hot Stocks16:10 EST First North American detections of BA.3 sublineage of omicron variant confirmed - Ginkgo Bioworks (DNA) confirmed that it has collected, identified, and sequenced three samples containing the novel BA.3 sublineage of the omicron variant. Samples came from passengers on flights originating from South Africa who arrived at Newark Liberty International Airport in early December. These samples were collected in collaboration with the Centers for Disease Control and Prevention and XpresSpa (XSPA) as part of a SARS-CoV-2 surveillance project that involves voluntary sampling of arriving international travelers at select United States airports. The program is implemented through XpresSpa Group's XpresCheck subsidiary and Ginkgo's public health and biosecurity initiative, Concentric by Ginkgo. The sequence represents the first time the BA.3 sublineage has been identified in North America.
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| FHB | Hot Stocks16:03 EST CFO to leave First Hawaiian in January 2022 - First Hawaiian, the parent company of First Hawaiian Bank, announced that Ravi Mallela, Executive Vice President and Chief Financial Officer of First Hawaiian and First Hawaiian Bank, has resigned for personal reasons, effective at the close of business on January 7, 2022. Effective January 8th, Ralph Mesick, Vice Chairman and Chief Risk Officer, will serve as interim CFO as the company conducts a search for a permanent replacement.
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