Stockwinners Market Radar for November 27, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

20:05 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. According to Adobe (ADBE) Analytics, Black Friday online sales rose 2.3% to a record this year, with consumers shelling out for electronics and smart-home items, as retailers offer steep discounts to clear out bloated inventories, Bloomberg's Gabriela Mello and Brendan Case report. In-person shopping increased this year compared to last by 2.9%, as shoppers moved on from the coronavirus pandemic, according to data compiled by Sensormatic Solutions. Both in-store and online sales were up 12% this year compared to 2021, excluding the purchase of cars, according to Mastercard SpendingPulse, which tracks all payment types across the Mastercard (MA) payments network. Meanwhile, Shopify (SHOP) announced a record-setting Black Friday with sales of $3.36 billion from the start of Black Friday in New Zealand through the end of Black Friday in California. This marks a 17% increase in sales over Black Friday in 2021 --19% on a constant currency basis. At its peak, merchants on Shopify saw sales of $3.5 million per minute at 12:01 PM EST on Black Friday, collectively. 2. ABB (ABB) is nearing a deal to pay around $325M to resolve bribery allegations in South Africa, Dylan Tokar of Wall Street Journal reports, citing people familiar with the matter. The pending settlement between ABB and U.S., German, Swiss and South African authorities is expected to be finalized as soon as next week and would resolve corruption investigations into the company's work on South Africa's Kusile power plant, people familiar with the matter told the Journal. 3. Bob Iger's main challenge will be that streaming is still a metaverse-level money loser, and Disney (DIS) is all in, Jack Hough writes in this week's edition of Barron's. But timing-wise, at least, his return is executive Jedi stuff, he says. As favorable as Iger's timing appears, don't expect Disney stock to bounce back to $200 soon. Its current market value of $180 billion looks fair next to the nearly $10 billion in free cash that Disney generated in peak fiscal 2018, but high relative to the $4.6 billion it's expected to clear this year. Cost cutting can help, Hough writes, adding that long-term, however, new era of big-budget shows and vast consumer choice is structurally less profitable than TV in the cable-bundle age. 4. Marvel and Disney's "Black Panther: Wakanda Forever" won the 2022 Thanksgiving box office with a five-day gross of $64M from 4,258 locations for a domestic tally of $367.7M. Overseas, the movie earned another $32.1M to cross the $300M mark internationally and end Sunday with a global total of $675.6M. 5. Exxon Mobil (XOM) saw a positive mention in this week's edition of Barron's, while Shell (SHEL) was mentioned cautiously.

16:37 EST Melco announces provisional award of Macau gaming concession - Melco Resorts & Entertainment announced that the Macau government has provisionally awarded a ten-year concession to operate games of fortune and chance in casinos in Macau to Melco Resorts Limited, a subsidiary of the company. The final award of such concession, and the terms and conditions of the concession contract, remain subject to the determination of the Macau government. Lawrence Ho, Chairman and Chief Executive Officer of Melco commented, "We are honored to have been selected and granted a provisional award for the concession to operate gaming in Macau and would like to thank the Macau government for running a smooth and transparent process. We are committed to Macau and its development as Asia's premier tourist destination."