Stockwinners Market Radar for November 26, 2017 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

DIS...

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20:04 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. Meredith (MDP) announced that it has entered into a binding agreement to acquire all outstanding shares of Time Inc. (TIME) for $18.50 per share in an all-cash transaction valued at $2.8B. The transaction has been unanimously approved by the Boards of Directors of Meredith and Time Inc., and is expected to close during the first quarter of calendar 2018. 2. Thanksgiving and Black Friday online sales in the U.S. surged to record highs as shoppers bought more on their mobile devices, according to Reuters, citing retail analytics firms. U.S. retailers raked in a record $7.9B in online sales on Black Friday and Thanksgiving, up 17.9% from a year ago, Adobe Analytics (ADBE) said. Meanwhile, The Wall Street Journal reported that the number of people visiting U.S. stores on Thanksgiving and Black Friday fell 4% from last year, according to RetailNext. Among big online retailers are Amazon (AMZN), Wal-Mart (WMT) and eBay (EBAY). 3. A long price war in wireless is easing, which has left Verizon's (VZ) shares looking cheap, Jack Hough wrote in this week's edition of Barron's. They could return 20%, including a dividend yield of 5%, over the next year, he added. 4. Pixar's "Coco" is the latest movie from the Disney (DIS) animated empire to win the annual Thanksgiving box-office, posting a five-day debut of $71.2M from almost four thousand theaters. The movie, about the popular Mexican holiday Dia de Los Muertos, received an A+ CinemaScore and 96% from Rotten Tomatoes. Overseas, the animated film took in another $30.7M from 22 markets for an early foreign tally of $82.2M and $153.4M globally. 5. Vulcan Materials (VMC), Fluor (FLR), Martin Marietta Materials (MLM), Aecom (ACM), Jacobs Engineering Group (JEC), Granite Construction (GVA), Eagle Materials (EXP), U.S. Concrete (USCR), Caterpillar (CAT), Mosaic (MOS), Agrium (AGU), Mondelez (MDLZ), and Tencent (TCEHY) saw positive mentions in Barron's, while Cboe Global Markets (CBOE), CME Group (CME), and HP Enterprise (HPE) were mentioned cautiously.
BABA

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19:48 EDT Alibaba announces proposed offering of senior unsecured notes - Alibaba announced that it proposes to offer U.S. dollar-denominated senior unsecured notes, subject to market and other conditions, in an underwritten registered public offering. The principal amount, interest rates, maturity dates and other terms of the notes have not been finalized and will be determined at the time of pricing of the offering. Alibaba plans to use the net proceeds for general corporate purposes.
TIME MDP

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19:04 EDT Time Inc. to be acquired by Meredith - Time Inc. (TIME) today announced that it has entered into a definitive agreement to be acquired by Meredith (MDP). Under the terms of the agreement, Meredith will make an $18.50 per share cash tender offer to acquire all outstanding Time Inc. shares for a total transaction value of approximately $2.8B, including the assumption of debt and net of cash acquired. The transaction has been unanimously approved by the Boards of Directors of Meredith and Time Inc., and is expected to close during the first quarter of 2018. The $18.50 per share price represents a 46% premium over the closing price on November 15, 2017, the day prior to media reports about the transaction, and a 66% premium over the 10-day volume weighted average trading price ending on that day. Rich Battista, President and CEO of Time Inc., stated, "I am proud of our accomplishments and thank the talented teams across the Company for their extraordinary work, relentless commitment, and passion. Together, we moved quickly and successfully to launch, grow, and advance our multi-platform offerings during unprecedented times in the media sector. Time Inc. now engages over 230 million consumers across digital and print every month through a portfolio of premium, iconic brands that are well positioned to continue to be powerful voices in media for many years to come."
MDP TIME

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18:50 EDT Meredith to acquire Time Inc. for $18.50 per share - Meredith (MDP) announced that it has entered into a binding agreement to acquire all outstanding shares of Time Inc. (TIME) for $18.50 per share in an all-cash transaction valued at $2.8B. The transaction has been unanimously approved by the Boards of Directors of Meredith and Time Inc., and is expected to close during the first quarter of calendar 2018. The transaction will create a diversified media and marketing company with calendar 2016 combined revenues of $4.8B - including $2.7B of total advertising revenues with nearly $700M of digital advertising revenues - and adjusted EBITDA of $800M. Additionally, Meredith anticipates generating cost synergies of $400M-$500M in the first full two years of operation.
TWX...

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16:40 EDT Box Office Battle: 'Coco' wins Thanksgiving weekend with $71.2M - Pixar's "Coco" is the latest movie from the Disney (DIS) animated empire to win the annual Thanksgiving box-office, posting a five-day debut of $71.2M from almost four thousand theaters. The movie, about the popular Mexican holiday Dia de Los Muertos, received an A+ CinemaScore and 96% from Rotten Tomatoes. Overseas, the animated film took in another $30.7M from 22 markets for an early foreign tally of $82.2M and $153.4M globally. BOX OFFICE RUNNERS-UP: Warner Bros.' (TWX) "Justice League" came in second in its sophomore outing, ending the weekend with $59.7M from 4,051 theaters for the five-day holiday frame. Behind it was Lionsgate's (LGF.A) "Wonder," with 32M from 3,172 theaters for the five days. Disney and Marvel Studios' "Thor: Ragnarok" placed number four, earning $16.8 from 3,281 theaters. Rounding out the top five, Paramount's (VIAB) "Daddy's Home 2" ended the weekend with $13.3M for a cume of $72.7M. Other publicly traded companies in filmmaking include Sony (SNE), 21th Century Fox's (FOXA) and Comcast (CMCSA; CMCSK).
PHG

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13:29 EDT Philips launches new magnetic resonance solutions - Philips is showcasing the company's latest magnetic resonance, or MR, imaging solutions at the Radiological Society of North America's 2017 annual meeting in Chicago, IL. This includes Philips' newest MR system, MR Prodiva 1.5T that provides enhanced clinical performance, workflow and patient experience. Philips is also unveiling new solutions to drastically reduce exam times and elevate neuro-oncology. With these introductions, Philips is helping radiologists use MR-based innovations to achieve a simpler, faster and smarter path to a confident diagnosis, to enhance workflow and deliver better patient care.
GE INTC

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13:26 EDT GE Healthcare partners with Intel to enhance patient care, reduce costs - GE Healthcare (GE) announced an expanded partnership with Intel (INTC) that aims to enhance patient care and reduce costs for hospitals and health systems using digital imaging solutions, deployed via edge and cloud. Together, the companies anticipate their solutions will offer greater hospital efficiency through increased asset performance, reduced patient risk and dosage exposure - with faster image processing - and expedited time to diagnosis and treatment. Through the expanded partnership, GE Healthcare will use the new Intel Xeon Scalable platform with an aim toward lowering the total cost of ownership for imaging devices by up to 25%. Paired with GE Healthcare's imaging solutions, the Intel Xeon Scalable platform may improve radiologists' reading productivity compared to the prior generation by reducing first image display down to under 2 seconds and full study load times down to under 8 seconds. GE Healthcare and Intel are also investing in a new, first-of-its-kind digital development lab in downtown Chicago. The Joint Performance Acceleration Lab will be dedicated to the development, testing and validation of new innovations across a wide spectrum of GE Healthcare imaging hardware and software solutions.
GE NVDA

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13:17 EDT GE, Nvidia join forces to accelerate AI adoption in healthcare - GE Healthcare (GE) and Nvidia (NVDA) announced they will deepen their 10-year partnership to bring the most sophisticated artificial intelligence to GE Healthcare's 500,000 imaging devices globally and accelerate the speed at which healthcare data can be processed. The scope of the partnership, detailed at the 103rd annual meeting of the Radiological Society of North America, includes the announcement of the new Nvidia-powered Revolution Frontier CT, advancements to the Vivid E95 4D Ultrasound and development of GE Healthcare's Applied Intelligence analytics platform. The new CT system in the Revolution Family is two times faster in imaging processing than its predecessor, due to its use of Nvidia's AI computing platform. The Revolution Frontier is FDA cleared and expected to deliver better clinical outcomes in liver lesion detection and kidney lesion characterization because of its speed - potentially reducing the need for unnecessary follow-ups, benefitting patients with compromised renal function and reducing non-interpretable scans with Gemstone Spectral Imaging Metal Artefact Reduction.
PHG...

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11:15 EDT Philips unveils IntelliSpace Portal 10 with new 3D modeling application - Philips (PHG) announced the debut of IntelliSpace Portal 10, the latest edition of Philips' comprehensive, advanced visualization and quantification platform. This next generation features enhancements across the solution, with a particular focus on oncology to provide radiologists with an improved full set of applications and workflows to support the reading and follow-up of complex oncology cases. IntelliSpace Portal 10 also includes a new 3D modeling application and has been expanded with the DynaCAD Prostate and Breast solutions through integration with InVivo. IntelliSpace Portal 10 is the first solution to feature an embedded 3D modeling application for creating and exporting 3D models intuitively into the clinical workflow. Philips recently signed agreements with 3D Systems (DDD) and Stratasys (SSYS), two of the leaders in the 3D printing industry helping to accelerate medical progress in improved planning and patient outcomes. Philips customers now have seamless access to expedite 3D printing to create models to help physicians understand patient anatomy that is difficult to visualize, and deliver personalized medicine in the most unique, complex cases.
HOLX

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11:10 EDT Hologic signs agreement with Clarius Mobile Health for ultrasound system - Hologic announced that it has signed a development and distribution agreement with Clarius Mobile Health for its wireless, handheld ultrasound scanner. The partnership supports Hologic's commitment to early detection and will help ensure that women around the globe have access to the most accurate breast health solutions that are rooted in clinical superiority. Financial terms of the agreement were not disclosed.
ALGN

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11:08 EDT Align Technology plans to expand restorative digital workflow solutions - Align Technology announced plans to expand its restorative digital workflow solutions to include iTero Chairside CAD, a chairside prosthetics design software application that will support same-day dentistry via the iTero Element scanner. Through a collaboration with Exocad GmbH, a provider of CAD/CAM software, chairside CAD software will be specially integrated into Align's iTero Element intraoral scanner. The new iTero Chairside CAD software will provide dental professionals with the capability to design and produce precision-fit restorations for their patients via connected, in-office milling systems -- just minutes after scanning. With expected availability in mid-2018, the iTero Chairside CAD software is also designed to have a certified connection to chairside milling solutions of the industry's leading manufacturers. This workflow is the latest in a series of investments by Align in software and technologies in response to the increasing demands of general dentists for digital workflows that support their restorative practice. In North America, 2,800 iTero certified dental laboratories provide restorative laboratory services for more than 35,000 iTero restorative cases per month.
ALGN...

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11:05 EDT Align announces that 5M patients have started Invisalign treatment - Align Technology (ALGN) announced that 5M patients have started Invisalign treatment, a significant milestone for the company that reflects accelerated adoption of Invisalign treatment. To mark this major milestone, Align Technology is reaffirming its previous commitment to help provide treatment to children around the world born with cleft lip and cleft palate, and will donate $1 to Operation Smile for every public share of a photo of a person's smile on Facebook (FB), Twitter (TWTR), or Instagram with the hashtag #5MillionSmiles -- for a total donation of up to $1M.
ALGN

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11:00 EDT New study shows increased Align's Invisalign case growth with iTero scanner - Align Technology shared a new, peer-reviewed study published by The Journal of Clinical Dentistry that indicates Invisalign practices with an iTero digital scanner see a significant increase in Invisalign volume after integrating an iTero scanner into their practice. The study, sponsored by Align Technology, was designed to determine the percentage increase in Invisalign treatment case submissions following the introduction of an iTero intraoral scanner into general dental and orthodontic practices. The results of the study show that acquiring an iTero intraoral scanner as a precursor to Invisalign treatment is associated with a significant increase in Invisalign cases. When projected across the first 12 months following acquisition of an iTero scanner, the study found an increase of 5.92 Invisalign cases for the entire sample of 1,961 GP dentists and orthodontists, and an additional 3.41 Invisalign cases for the subset of 319 lower-volume, North American GP dentists. This translates to a 19.11% increase in Invisalign cases over 12 months and a sustained increase of 17.64% over 24 months. The study also reported an economic benefit to the practice of $32,560 resulting from the increase in Invisalign cases over 12 months and a $65,175 benefit over 24 months-suggesting a return on investment in as little as one year.
KEN

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10:55 EDT Kenon selling IC Power's Latin American and Caribbean businesses - Kenon announces that Inkia Energy Limited, a wholly-owned subsidiary of IC Power, has entered into an agreement to sell all of its Latin American and Caribbean businesses for cash consideration of $1,177M plus excess proportionally consolidated group cash at closing above $49.9M to I Squared Capital, an infrastructure private equity firm. The initial purchase price is subject to a number of adjustments, including for changes in working capital and outstanding debt at closing compared to June 30, 2017, and an upward adjustment to the extent Inkia's proportionally consolidated group cash at closing exceeds $49.9M. As part of the transaction, the Buyer will assume Inkia's $450M of bonds, which were issued in November 2017. The sale is part of Kenon's strategy to provide its shareholders with direct access to its businesses, including through monetization of its businesses. The transaction includes only the Latin American and Caribbean Businesses. IC Power's Israeli asset OPC Energy is not being sold as part of the transaction. The transaction is expected to close within the next several months. Kenon is also convoking an extraordinary general meeting at which Kenon's shareholders will be asked to ratify the sale by Inkia and subject to the completion of the sale, approve a capital reduction to enable Kenon to distribute a portion of the transaction proceeds to its shareholders. The extraordinary general meeting will be held on December 19, 2017.