Stockwinners Market Radar for August 11, 2019 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

19:33 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. AMS AG (AMSSY) offered $4.1B for Osram (OSAGY), the second attempt by the light and sensor maker to acquire its rival and potentially triggering a bidding war, Bloomberg's Oliver Sachgau reported. AMS AG's offer is higher than the EUR35 per share accepted by Osram's board from Bain Capital and Carlyle Group (CG) that valued the former Siemens AG (SIEGY) unit at EUR3.4B, the author noted. 2. BlackRock (BLK) announced that entities affiliated with its Long Term Private Capital, or LTPC, strategy have made a strategic investment in Authentic Brands Group. LTPC will become the largest investor in Authentic Brands Group and will work closely alongside its management, led by founder, Chairman and CEO James Salter and President and CMO Nick Woodhouse. LTPC joins existing Authentic Brands Group investors including founding investor Leonard Green & Partners, General Atlantic, Lion Capital, Simon Property Group (SPG), Brookfield Properties' retail group (BPY) and Shaquille O'Neal. 3. iHeartMedia (IHRT) is ready for its next chapter after exiting from Chapter 11 looking slimmer and fitter, Andrew Bary wrote in this week edition of Barron's. Its debt was cut to $5.8B from $16B before bankruptcy, and it is well-positioned in the fast-growing and competitive digital streaming and podcasting businesses, the author noted, adding that the shares look appealing as creditors who received shares in bankruptcy sell their holdings. 4. Comcast (CMCSA) subsidiary Universal's "Fast & Furious Presents: Hobbs & Shaw" won the North American box office again with $25.4M, crossing the $100M mark domestically. Overseas, the movie took in another $60.8M for a global cume of $332.6M. The "Fast & Furious" spinoff received an A- CinemaScore and 67% no Rotten Tomatoes. 5. Amazon (AMZN), Arista Networks (ANET), Equinix (EQIX), Merck (MRK), Broadcom (AVGO), Target (TGT), Verizon Communications (VZ), Weyerhaeuser (WY), Take-Two Interactive (TTWO), Shopify (SHOP), Match Group (MTCH), and AMD (AMD) saw positive mentions in this week's edition of Barron's, while Domino's Pizza (DPZ), Molson Coors Brewing (TAP), PayPal (PYPL), Dish (DISH), MSG Networks (MSGN) and Dropbox (DBX) were mentioned cautiously.

16:22 EDT KKR to acquire majority interest in NVC Lighting's China Lighting Business - Global investment firm KKR and NVC Lighting announced the signing of a Share Purchase Agreement under which KKR has agreed to set up a strategic partnership with NVC Lighting and acquire a majority interest in NVC Lighting's China Lighting Business for a total equity value of approximately $794M. Following the completion of the transaction, KKR will own 70% of NVC China and NVC Lighting will hold the remaining 30% and receive a cash consideration. NVC Lighting will transfer 100% of NVC China to the Joint Venture co-owned by KKR and NVC Lighting. NVC Lighting will also receive a cash consideration from the transaction. The final settlement of payment is subject to certain adjustments and closing conditions. A Special Dividend not less than HK$0.9 per share will be declared by the Board of NVC Lighting and paid to the company's registered shareholders, subject to the approval and closing of the transaction. NVC Lighting's non-lighting business in China, China ODM business and international business are not included in the transaction and will remain with NVC Lighting. The transaction is expected to close in the fourth quarter of 2019, subject to customary closing conditions and regulatory and shareholder approvals. KKR is making this investment from its flagship Asian Fund III.