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

19:42 EST 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) confirmed that the company and the UAW have reached a tentative agreement on a new four-year contract. According to CNBC's Michael Wayland, citing a UAW statement, the agreement will add $4.5B in investments, which translates to 7,900 jobs over the course of a four-year deal. 2. Black Friday shopping at physical stores saw a 4.2% increase in sales compared to 2018, according to First Data Insights. The greatest increase over normal shopping activity was seen across electronics and appliances, sporting goods, and clothing/shoe stores. Electronics and appliance stores saw the largest average ticket size at $214 per transaction. 3. Disney's (DIS) "Frozen II" earned an estimated $85.2M/$123.7M over three/five days in its second weekend at theaters -- the largest three and five-day grosses ever over Thanksgiving weekend. "Frozen II" has now grossed over $287M domestically and over $738M globally in less than two full weeks. Lionsgate's (LGF.A, LGF.B) murder mystery "Knives Out" opened in second place, with an estimated $41.7M over the five day weekend, which made the film the sixteenth largest Thanksgiving opener of all time. 4. Barron's cover story, written by Eric Savitz, looked at legacy technology companies Cisco (CSCO), IBM (IBM), Intel (INTC), Oracle (ORCL), Seagate Technology (STX), Western Digital (WDC), Xerox Holdings (XRX), HP Inc. (HPQ), and Hewlett Packard Enterprise (HPE), which are struggling to stay relevant. Wolfe Research strategist Steve Milunovich warned against "excessive optimism" for legacy technology companies, concluding that "as a group, the secular winds are against them." 5. Tanger Factory Outlet Centers (SKT) and Suncor Energy (SU) saw positive mentions in this week's edition of Barron's.

16:28 EST LightInTheBox reports 68% Black Friday sales growth year-over-year - LightInTheBox Holding Co., a Chinese cross-border e-commerce platform, announced that sales during Black Friday 2019 grew 68% year-over-year. Gross margin during Black Friday increased 119% which supported a 169% increase in contribution margin and a significant 311% increase in net profit when compared to the same point last year. The apparel category was the best-selling vertical, with more than 5,000 units of a long-sleeved t-shirt sold during first 6 hours of the sales event. Net sales in Europe in particular increased 32.3% year-over-year while gross margin expanded by over 99%.

16:24 EST Tanzanian Gold plans to start mining Buckreef property - Tanzanian Gold Corporation announced that it is executing its plan to begin gold production at the Buckreef Project. The company will begin with the mining and processing of high grade oxide reserves at or close to surface at the location of the open pit defined in the 43-101 Pre-Feasibility Study. An oxide open pit and a monthly production schedule has been defined. The company expects to start a grade control drilling program on this oxide open pit in the next week. SGS/Bateman from South Africa is visiting the site to finalize a design for a 15tph plant to process the oxide reserves. Requests for bids have been published seeking Expressions of Interest for both the mining of the oxide open pit and for the construction of the oxide treatment plant. It is anticipated that the winning mining contractor will be mobilizing to site at the end of January 2020 to start mining. The material extracted will be added to an existing ore and waste stockpiles until the plant construction is completed. The company continues to focus on completion of Phase II drilling and the technical development program at the Buckreef Project. The company has completed its resource-geology model, samples have been collected and sent to Queens SGS Canada for rock strength testing, following which SGS Canada will do a conceptual design of an underground stope, a review of past metallurgical testing is almost complete and will give rise to drilling holes for new samples to conduct variability testing; and a program for Phase III drilling in the ultra-deep is being finalized and will be started when the Phase II drilling program is completed.