Stockwinners Market Radar for July 04, 2018 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

17:57 EDT OMA Airports reports June passenger traffic up 9.1% - OMA Airports reports that terminal passenger traffic at its 13 airports increased 9.1% in June 2018, as compared to June 2017. Domestic traffic increased 9.9%, and international traffic increased 3.2%.

09:10 EDT Brookfield Infrastructure acquires Enbridge's Canadian midstream unit for $3.3B - Brookfield Infrastructure (BIP) and its institutional partners announced that it has entered into a definitive agreement to acquire 100% of Enbridge's (ENB) Western Canadian natural gas gathering and processing business for an enterprise value of C$4.31B, or approximately $3.3B. Brookfield Infrastructure's equity commitment towards the investment will be approximately $500M, representing an approximate 30% interest in the business. Brookfield Infrastructure will fund its share of the transaction with its available liquidity comprised of, among other things, proceeds from the sale of its interest in Transelec, which closed in March 2018. "This investment represents an exciting opportunity to invest in scale in one of North America's leading gas gathering and processing businesses based in Western Canada. The business is strategically positioned for the continued development of the prolific Montney Basin," said Sam Pollock, CEO of Brookfield Infrastructure. "Cash flows from the business are anchored by a firm contract profile with a weighted average life of 10 years." The Canadian Midstream Business includes 19 natural gas processing facilities with total operating processing capacity of 3.3 Bcf/d and 3,550 kilometers of gathering pipelines, with connectivity to major demand markets including the U.S. Pacific Northwest, U.S. Midwest and Western Canada. The transaction is expected to close in two phases, with the facilities subject to provincial regulation expected to achieve financial close in 2018 and closing of those subject to federal regulation anticipated in mid-2019.

08:49 EDT Conagra Brands completes $32M sale of Canadian Del Monte unit - Conagra Brands announced that it has completed the divestiture of its Canadian Del Monte processed fruit and vegetable business to Bonduelle Group. The transaction is valued at approximately C$43M, which is approximately $32M at the current exchange rate.

08:39 EDT Baidu to integrate Intel's Mobileye on open source Project Apollo - Baidu (BIDU) announced that it plans to work with Intel's (INTC) Mobileye to integrate and commercially deploy Mobileye's Responsibility Sensitive Safety model in both the open source Project Apollo and commercial Apollo Pilot programs, Intel said in a statement. Baidu also announced plans to adopt Mobileye's Surround Computer Vision Kit as the visual perception solution; it will be integrated as part of Baidu's proposition to the Chinese OEM market, the company added. Intel said, "The safety collaboration between Mobileye, an Intel Company, and Baidu is a significant strategic success for Mobileye's RSS model, which was published last year, and will help deliver a safe driving solution for autonomous vehicles on China's challenging roadways."