Stockwinners Market Radar for July 16, 2017 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service |
DIS... | Hot Stocks19:57 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. While Whirlpool's (WHR) shares remain cheap, the stock may be worth about $260 a share, or 35% higher, if the company can continue to execute well in the year ahead, Robin Goldwyn Blumenthal writes in this week's edition of Barron's. 2. During a presentation at D23 Expo 2017, Disney (DIS) revealed new details about the "biggest games in its upcoming slate," including the first Marvel virtual reality game. Marvel and Facebook's (FB) Oculus announced Marvel Powers United VR, a first-person, multiplayer, action virtual reality game where players team up with friends to engage in immersive, explosive cooperative fights from across the Marvel Universe. 3. General Cable (BGC) has announced that its Board of Directors has initiated a review of strategic alternatives to maximize shareholder value, including a potential sale of the company. Additionally, the company reported preliminary Q2 revenue of approximately $923M for North America, Europe and Latin America, and Q2 reported operating loss and adjusted operating income of approximately ($23M) and $32M, respectively. 4. Ahead of Sony's (SNE) "Spider-Man," 21st Century Fox's (FOX) "War for the Planet of the Apes" led the North American box office, coming in on the low end of expectations with $56.5M from a little over four thousand locations. 5. Orion Engineered (OEC), Intuit (INTU), Ross Stores (ROST), Tyson Foods (TSN), Activision Blizzard (ATVI), Allstate (ALL), Cisco (CSCO), adidas (ADDYY), Telefonica Brasil (VIV), OMA Airports (OMAB), Enel Generacion Chile (EOCC) and Visteon (VC) saw positive mention in Barron's over the weekend, while movie-theater operators such as AMC Entertainment (AMC), Regal Entertainment (RGC) and Cinemark (CNK), Micron (MU), and Verint Systems (VRNT) were mentioned cautiously.
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FOX... | Hot Stocks19:28 EDT Box Office Battle: 'War for the Planet of the Apes' tops 'Spider-Man' - Ahead of Sony's (SNE) "Spider-Man," 21st Century Fox's (FOX) "War for the Planet of the Apes" led the North American box office, coming in on the low end of expectations with $56.5M from a little over four thousand locations. Overseas, the latest film in the rebooted franchise opened in less than a third of the marketplace, grossing $46M from 62 markets for global bow of $102.5M. "War for the Planet of the Apes" holds a critics rating of 95% on Rotten Tomatoes and received an A- in audience polls from CinemaScore. BOX OFFICE RUNNERS-UP: Declining more than expected in its sophomore outing to $45.2M, Sony's "Spider-Man: Homecoming" came in second place. Behind it was Comcast's (CMCSA) "Despicable Me 3" in its third weekend, with $18.9M for a domestic total of $188M. Sony's "Baby Driver" followed at number 4 with $8.8M for a domestic total of $73.1M. Rounding out the top five, "The Big Stick" ended the week with $7.6M from 2,597 cinemas. Amazon (AMZN) Studios acquired the critical hit out of Sundance before partnering with Lionsgate (LGF.A) on the theatrical release. Other publicly traded companies in filmmaking include Disney (DIS), Time Warner (TWX) and Viacom (VIAB; VIA).
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AMGN | Hot Stocks18:16 EDT FDA issues CRL for Amgen romosozumab - Amgen and UCB announced that the U.S. Food and Drug Administration has issued a Complete Response Letter, or CRL, for the Biologics License Application for Evenity, or romosozumab, as a treatment for postmenopausal women with osteoporosis. With the availability of data from the Phase 3 active-comparator ARCH study, the FDA has asked that the efficacy and safety data from the study be integrated into the application. The re-submission will also include the efficacy and safety data from the BRIDGE study, the Phase 3 trial evaluating Evenity in men with osteoporosis, which has also been requested.
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BGC | Hot Stocks16:27 EDT General Cable to review strategic alternatives, potential sale - General Cable has announced that its Board of Directors has initiated a review of strategic alternatives to maximize shareholder value, including a potential sale of the company. General Cable has engaged JPMorgan Securities as financial advisor and Sullivan & Cromwell as legal advisor to assist in the process. There can be no assurance that the Board's strategic review will result in any transaction, or any assurance as to its outcome or timing. The company does not intend to disclose or comment on developments related to its review unless and until the Board has approved a specific transaction or otherwise determined that further disclosure is appropriate.
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DIS FB | Hot Stocks16:23 EDT Disney unveils first Marvel virtual reality game - During a presentation at D23 Expo 2017, Disney (DIS) Consumer Products and Interactive Media revealed new details about the "biggest games in its upcoming slate," and offered first-looks at digital experiences. Marvel and Facebook's (FB) Oculus announced Marvel Powers United VR, a first-person, multiplayer, action virtual reality game where players team up with friends to engage in immersive, explosive cooperative fights from across the Marvel Universe. Fans can demo the game next week at San Diego Comic-Con by visiting the Marvel Booth. Additionally, Square Enix's director Tetsuya Nomura revealed that Kingdom Hearts III will feature the franchise's first-ever Disney/Pixar world, "Toy Story," featuring an original story developed exclusively for the game. Disney and Square Enix also announced the game will release in 2018. Meanwhile, Star Wars Battlefront II is bringing an all new hero into the fold with the introduction of Iden Versio, Commander of the Imperial special forces team known as the Inferno Squad.
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