Stockwinners Market Radar for May 27, 2019 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

19:11 EDT Fly Intel: Top five weekend stock stories - Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Fiat Chrysler (FCAU) announced that it has delivered a non-binding letter to the board of Renault (RNLSY) proposing a combination of their respective businesses as a 50/50 merger. The FCA proposal follows initial operational discussions between the two companies to identify products and geographies where they could collaborate. Under the terms of the proposal, shareholders in each company would receive an equivalent equity stake in the combined company. The combination would be carried out as a merger transaction under a Dutch parent company. Before the transaction is closed, to mitigate the disparity in equity market values, Fiat said its shareholders would also receive a dividend of EUR2.5B. In addition, prior to closing, there would be a distribution of Comau's shares to Fiat's shareholders or an incremental EUR250M dividend if the Comau spin-off does not occur. The combination is expected to deliver in excess of EUR5B of annual run rate synergies, incremental to existing Alliance synergies. Renault board members are expected to meet informally for work sessions within days with a view to a decision early next week on whether to go ahead with Fiat Chrysler merger talks, according to Reuters, citing two sources familiar with the matter. The board is likely to decide next week on whether to sign a non-binding agreement with Fiat Chrysler to proceed with its proposal to negotiate a full merger, sources said. 2. Huawei is reviewing its relationship with FedEx (FDX) after it claimed the package delivery company diverted two parcels destined for Huawei addresses in Asia to the U.S. and attempted to reroute two others, Reuters' Sijia Jiang reported. Huawei said the four packages only contained documents and "no technology," which Reuters was unable to independently confirm. 3. Earnings season has been tough on retailers of all stripes and department stores have been hit particularly hard, Avi Salzman wrote in this week's edition of Barron's. Kohl's (KSS), Dillard's (DDS), J.C. Penney (JCP), Nordstrom (JWN), and Macy's (M) all under pressure after reporting, the author noted. However, some big retailers like Target (TGT) are showing they can succeed in a tough environment as investments pay off, the publication added. 4. In another lucrative weekend for Disney (DIS), "Aladdin" grossed $112.7M stateside over the Memorial Day Weekend, exceeding even high-end estimates that the live-action feature would bow to $100M. The movie starring Will Smith as Genie and Mena Massoud as the titular hero received a mixed response from critics, with a 57% rating on Rotten Tomatoes and an A CinemaScore. Overseas, "Aladdin" earned an estimated $121M fort the three-day weekend. 5. MGM Resorts (MGM), FMC (FMC), Renault, BHP Group (BHP), Novartis (NVS), Roche (RHHBY), Royal Dutch Shell (RDS.A), AT&T (T), Siemens (SIEGY), Commonwealth Bank of Australia (CMWAY), Microsoft (MSFT), Exxon Mobil (XOM), Akzo Nobel (AKZOY), and JPMorgan (JPM) saw positive mentions in this week's edition of Barron's.

12:47 EDT Nvidia launches edge computing platform - Nvidia announced Nvidia EGX, an accelerated computing platform that enables companies to perform low-latency AI at the edge - to perceive, understand and act in real time on continuous streaming data between 5G base stations, warehouses, retail stores, factories and beyond.

12:40 EDT Qualcomm, Lenovo unveil 5G PC powered by Snapdragon 8cx 5G compute platform - Qualcomm Technologies, a subsidiary of Qualcomm Incorporated, announced in conjunction with Lenovo the 5G PC2 at its COMPUTEX Press Conference. Project Limitless is powered by the Qualcomm Snapdragon 8cx 5G compute platform and is the world's first 7nm platform purpose-built for PCs that offers 5G connectivity.

12:31 EDT Nasdaq withdraws offer to acquire shares of Oslo Bors VPS - Nasdaq AB, an indirect subsidiary of Nasdaq, has decided to withdraw its offer to acquire all of the issued shares of Oslo Bors VPS Holding ASA made pursuant to the offer document published on 4 February 2019. This decision has been made because under the current circumstances the minimum acceptance condition for completion of the Offer is incapable of being satisfied. Shareholders who previously accepted the Offer are being released from their obligations under the Offer.

08:23 EDT Fiat Chrysler proposes to Renault 50/50 merger agreement - Fiat Chrysler Automobiles N.V. (FCAU) announced that it has delivered a non-binding letter to the board of Renault (RNLSY) proposing a combination of their respective businesses as a 50/50 merger. The FCA proposal follows initial operational discussions between the two companies to identify products and geographies where they could collaborate. Fiat said, "These discussions made clear that broader collaboration through a combination would substantially improve capital efficiency and the speed of product development. The case for combination is also strengthened by the need to take bold decisions to capture at scale the opportunities created by the transformation of the auto industry in areas like connectivity, electrification and autonomous driving...The combined business would sell approximately 8.7 million vehicles annually, would be a world leader in EV technologies, premium brands, SUVs, pickup trucks and light commercial vehicles and would have a broader and more balanced global presence than either company on a standalone basis." Under the terms of the proposal, shareholders in each company would receive an equivalent equity stake in the combined company. The combination would be carried out as a merger transaction under a Dutch parent company. The board of the combined entity would initially be composed of 11 members, with the majority being independent and with equal representation of four members each for both FCA and Groupe Renault, as well as one nominee from Nissan. Further, there would be no carryover of existing double voting rights. However, all shareholders would have the opportunity to earn loyalty voting rights from the completion of the transaction under a loyalty voting program. The parent company would be listed on the Borsa Italiana, Euronext and the New York Stock Exchange. Before the transaction is closed, to mitigate the disparity in equity market values, Fiat said its shareholders would also receive a dividend of EUR $2.5B. In addition, prior to closing, there would be a distribution of Comau's shares to Fiat;'s shareholders or an incremental EUR $250M dividend if the Comau spin-off does not occur. The combination is expected to deliver in excess of EUR $5B of annual run rate synergies, incremental to existing Alliance synergies.