Stockwinners Market Radar for January 17, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service |
GSK... | Hot Stocks20:11 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. Unilever (UN, UL) confirms approach made to GlaxoSmithKline (GSK) and Pfizer (PFE) about GSK Consumer Healthcare. The company said that, "Unilever notes recent reporting regarding its interest in GSK Consumer Healthcare and confirms that it has approached GSK and Pfizer about a potential acquisition of the business. GSK Consumer Healthcare is a leader in the attractive consumer health space and would be a strong strategic fit as Unilever continues to re-shape its portfolio. There can be no certainty that any agreement will be reached." Meanwhile, GlaxoSmithKline has also said in a statement that, "GlaxoSmithKline today confirms that it has received three unsolicited, conditional and non-binding proposals from Unilever plc to acquire the GSK Consumer Healthcare business. The latest proposal received on 20th December 2021 was for a total acquisition value of GBP 50 billion comprising GBP 41.7 billion in cash and GBP 8.3 billion in Unilever shares. The Consumer Healthcare business is a Joint Venture between GSK and Pfizer, with GSK holding a majority controlling interest of 68% and Pfizer 32%. GSK rejected all three proposals made on the basis that they fundamentally undervalued the Consumer Healthcare business and its future prospects." 2. The chief executives of major U.S. passenger and cargo carriers on Monday warned of an impending "catastrophic" aviation crisis on Wednesday when AT&T (T) and Verizon (VZ) are set to deploy new 5G service, Reuters' David Shepardson reported. The airlines warned the new C-Band 5G service could potentially make a significant number of widebody aircraft unusable and "could potentially strand tens of thousands of Americans overseas." "Unless our major hubs are cleared to fly, the vast majority of the traveling and shipping public will essentially be grounded," wrote the chief executives of American Airlines (AAL), Delta Air Lines (DAL), United Airlines (UAL), Southwest Airlines (LUV) and others. 3. Revenue for Angi's (ANGI) ads and leads business was flat in the latest quarter, even as demand for contractors surged, and the stock is down 33% over the past 12 months, Nicholas Jasinski wrote in this week's edition of Barron's. But Angi is working on a fix and the stock now looks like a bargain, the author contended. So far, investors aren't paying attention, with Angi stock trading for just 1.8 times the $2.29 billion in revenue that Wall Street expects the company to generate in 2023, the publication pointed out. That compares with Angi's five-year average of more than five times year-ahead revenue. Leading online marketplaces like Airbnb (ABNB), Etsy (ETSY), and Uber Technologies (UBER) fetch an average multiple of 6.1, Jasinski added. 4. ViacomCBS (VIAC) subsidiary Paramount Pictures' "Scream" won the Martin Luther King Jr. holiday weekend at the box office with a four-day gross of $34M. For the three-day domestic weekend, the movie earned an estimated $31M from 3,664 locations. Overseas, the slasher pic grossed $18M from 50 markets for a global cume of $52M. 5. Freeport-McMoRan (FCX), Take-Two (TTWO), and Shell (RDS.A) saw positive mentions in this week's edition of Barron's.
|
ATASY SIEGY | Hot Stocks18:03 EST Atlantia agrees to acquire Yunex Traffic from Siemens - Atlantia (ATASY) announced that it has entered into agreement with the Siemens Group (SIEGY) for the acquisition of Yunex Traffic at a price of EUR 950M enterprise value to be funded from available cash. "Signature of the agreement marks the conclusion of a bidding process launched by Siemens in recent months, and which has seen Atlantia beat off competition from a large number of international bidders. Munich-based Yunex Traffic is a global leader in the Intelligent Transport Systems and Smart Mobility businesses. Its traffic management and urban mobility infrastructure and platforms are used in over 600 cities and on 4 continents - Europe, the Americas, Asia and Oceania. Signature of the purchase agreement is a strategic step in the process of delivering on Atlantia's growth strategy announced in June 2021. This targets investment in core sectors in which the Company is a leader, and in adjacent areas offering synergies: Intelligent Transport Systems, Electrification/Renewables, Rail and Mobility Hubs. The transaction, which is conditional solely on receipt of antitrust and FDI - Foreign Direct Investments - clearances, is expected to close by September 2022," the company stated.
|
SAVE | Hot Stocks14:22 EST Spirit Airlines appoints Linde Grindle as Chief Human Resources Officer - Spirit Airlines announced the appointment of Linde Grindle to the position of Chief Human Resources Officer. As CHRO, Grindle will report directly to Spirit Airlines President and Chief Executive Officer Ted Christie, and she will oversee Spirit's Human Resources department using her expertise to help attract, develop, and retain top talent while strengthening Spirit's culture and driving engagement across the airline.
|
INFO | Hot Stocks14:15 EST IHS Markit declares quarterly cash dividend in Q1 of 20c per share - IHS Markit announced that its Board of Directors has declared a quarterly cash dividend in the first quarter of 2022, in the amount of 20c per share. The cash dividend is payable on February 11, 2022 to common shareholders of record at the close of business on January 28, 2022. The Markit Group Holdings Limited Employee Benefit Trust, has, subject to certain limited exceptions, waived its right to receive dividends with respect to common shares it holds and, as a result, it will not participate in the dividend payable on February 11, 2022.
|
AZN | Hot Stocks14:11 EST Enhertu granted priority review in HER2-positive metastatic breast cancer - AstraZeneca and Daiichi Sankyo have received notification of acceptance of the supplemental Biologics License Application of Enhertu for the treatment of adult patients in the U.S. with unresectable or metastatic HER2-positive breast cancer who have received a prior anti-HER2-based regimen. The application has also been granted Priority Review. Enhertu is a HER2-directed antibody drug conjugate being jointly developed by AstraZeneca and Daiichi Sankyo.
|
EVLO | Hot Stocks14:08 EST Evelo Biosciences presents data for EDP1815 - Evelo Biosciences announced data for EDP1815, the company's lead product in inflammation, detailing its mechanism of action and supporting further clinical development in patients with psoriasis and atopic dermatitis. The data were presented in two posters on Saturday, January 15, 2022, at the 2022 Winter Clinical Dermatology Congress in Koloa, Hawaii. Preclinical data from the studies presented at the Winter Clinical Dermatology Congress confirm that EDP1815 modulates systemic inflammation through its initial interaction with innate immune receptors, including TLR2, leading to downstream changes in circulating immune-cell phenotypes. In addition, the data demonstrate that preclinical effects in Th17 models translate into signs of clinical benefit in psoriasis, and that preclinical effects in Th2 models translate into signs of clinical benefit in atopic dermatitis, supporting further clinical development of EDP1815 in these indications. A Phase 2 study of EDP1815 in patients with mild to moderate psoriasis is ongoing, and a Phase 2 study of EDP1815 in patients with mild, moderate, and severe atopic dermatitis is expected to initiate dosing in the first quarter of 2022.
|
CHKP... | Hot Stocks14:03 EST Check Point report shows DHL most imitated brand in phishing attempts in Q4 - Check Point Research, the Threat Intelligence arm of Check Point Software (CHKP), has published its new Brand Phishing Report for Q4 2021. The report highlights the brands which were most frequently imitated by criminals in their attempts to steal individuals' personal information or payment credentials during October, November and December. For the first time, DHL (DPSGY) took the number one spot in Q4, replacing Microsoft (MSFT) as the brand most likely to be targeted by cybercriminals in phishing scams. Twenty-three percent of all brand phishing attempts were related to the global logistics and shipping company, up from just 9% in Q3, as threat actors sought to take advantage of vulnerable online consumers during the busiest retail period of the year. Microsoft, which yet again led the rankings in Q3 by accounting for 29% of all phishing attempts, only accounted for 20% of phishing scams in Q4. FedEx (FDX) also appeared in the top ten list for the first time in Q4 2021. The Q4 report also reinforces an emerging trend from Q3, with social media seeming to solidify its position among the top three sectors imitated in phishing attempts. While Facebook (FB) has dropped out of the top ten brands most likely to be imitated, WhatsApp has moved from 6th position to 3rd, now accounting for 11% of all phishing attempts. LinkedIn has moved from 8th position to 5th, now accounting for 8% of all phishing related attacks.
|
UN... | Hot Stocks11:21 EST Unilever says GSK Consumer Healthcare would be 'strong strategic fit' - Unilever (UN, UL) announced that it is "committed to accelerating the company's growth and repositioning the portfolio into higher growth categories." It added, "As a result of the reporting of Unilever's interest in GSK (GSK) Consumer Healthcare, we are today bringing forward a planned update, setting out the strategic direction that the company is pursuing." Unilever announced that its board has undertaken an "extensive process to review strategic pathways to reposition Unilever's portfolio into higher growth categories." This concluded that Unilever's future strategic direction "lies in materially expanding its presence in Health, Beauty, and Hygiene. These categories offer higher rates of sustainable market growth, with significant opportunities to drive growth through investment and innovation, and by leveraging Unilever's strong presence in emerging markets," the company said in a statement. The board also concluded "that major acquisitions should be accompanied by the accelerated divestment of intrinsically lower growth brands and businesses." It added, "Unilever is committed to strict financial discipline to ensure that acquisitions create value for shareholders. The company benefits from a strong balance sheet and cash generation, and remains committed to maintaining an A-band credit rating. Following any acquisition, the company would target a return to current levels of gearing over the short to medium term. Consumer Health is a highly complementary category for Unilever, with good potential for synergies and a number of routes to build scale. GSK Consumer Healthcare would be a strong strategic fit." Reference Link
|
CS | Hot Stocks11:11 EST Credit Suisse Chairman Horta-Osorio resigns after board investigation - Credit Suisse announced that its board has appointed Axel Lehmann as the bank's new Chairman effective immediately. He succeeds Antonio Horta-Osorio, who resigned following an investigation commissioned by the board. Severin Schwan, Vice-Chairman and Lead Independent Director of the Board of Credit Suisse, said: "We respect Antonio's decision and owe him considerable thanks for his leadership in defining the new strategy, which we will continue to implement over the coming months and years. Axel Lehmann as the new Chairman, with his extensive international and Swiss industry experience, is ideally suited to drive forward the strategic and cultural transformation of the bank. We wish Axel every success in his new role and Antonio all the best for the future." Following his appointment by the board, Axel Lehmann has taken office as Chairman. The board will also propose him for election as Chairman at the upcoming annual general meeting on April 29. Reference Link
|
V AMZN | Hot Stocks09:28 EST Amazon reverses upcoming ban on Visa cards in U.K. - Amazon.com (AMZN) has emailed its customers in the U.K. to say that a planned ban on Visa (V) credit cards will no longer take place, according to various news outlets. "We are working closely with Visa on a potential solution that will enable customers to continue using their Visa credit cards on Amazon.co.uk," Amazon said in the email, according to Bloomberg. The previously announced ban, which Amazon said was due to the rising costs of accepting credit card payments, was due to take place on January 19. "Amazon customers can continue to use Visa cards on Amazon.co.uk after January 19 while we work closely together to reach an agreement," a Visa spokesman told Bloomberg.
|