Stockwinners Market Radar for January 01, 2019 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

14:27 EDT Tenet announces new multi-year agreement with Cigna - Tenet Healthcare (THC) announced that it has signed a new, multi-year agreement with Cigna (C). The agreement provides Cigna members covered under its commercial health plans with "uninterrupted in-network access to Tenet providers, including hospitals, outpatient centers and employed physicians," Tenet says in a statement. In addition, all Tenet facilities remain in-network providers for Medicare beneficiaries that are insured by a Cigna-HealthSpring Medicare Advantage plan, it added. Ron Rittenmeyer, Tenet CEO, said, "We are pleased to have reached a successful resolution with Cigna. We believe this is the right outcome for our patients, employees and communities, and we look forward to continuing to serve Cigna members around the country today and in years to come. We remain committed to providing them with the trusted, compassionate care they deserve."

08:08 EDT Southern Company completes sale of Gulf Power to NextEra - Southern Company (SO) said it has completed the previously announced sale of Gulf Power Company to NextEra Energy (NEE). This marks the completion of the sales of Gulf Power, Florida City Gas and the entities holding Southern Power's interests in Plant Oleander and Plant Stanton, Southern added. "These sales deliver substantial value to Southern Company and our stockholders. By strengthening our financial position and allowing us to fund our business without raising significant additional capital, the value proposition of this deal is clear," said Thomas Fanning, CEO of Southern Company. "Our Florida teams have contributed significantly to the economies of South and Northwest Florida and improved the communities we served. Southern Company will continue to honor the accomplishments of our distinguished past, while working to optimize the long-term success of our business."

08:06 EDT Middleby acquires ventless cooking equipment maker EVO America - Middleby last night announced the acquisition of EVO America, a design and manufacturer of ventless cooking equipment for the commercial foodservice industry. The company is based near Portland, Oregon and has approximately $8M in annual revenues. "The EVO acquisition further adds to our expanding portfolio of ventless cooking solutions. We see a growing demand for diversity in ventless cooking options as operators understand the significant costs associated with the installation of traditional ventilation. Additionally, customers are increasingly in search of solutions that minimize restrictions imposed by externally vented hoods and duct work, as they cook in non-traditional locations and add new equipment to existing kitchens." said Selim Bassoul, CEO of Middleby. "EVO has a patented ventless technology that can be incorporated into innovative designs that will provide our customers with a smaller footprint and greater flexibility. We believe there is strong growth potential as we integrate the EVO technology with other Middleby brands and cooking solutions and introduce EVO to Middleby's sales and distribution channels."