Stockwinners Market Radar for December 18, 2022 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

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LHX...		Hot Stocks 20:06 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. L3Harris Technologies (LHX) and Aerojet Rocketdyne (AJRD) together announced the signing of a definitive agreement for L3Harris to acquire Aerojet Rocketdyne for $58 per share, in an all-cash transaction valued at $4.7 billion, inclusive of net debt. This marks L3Harris' second acquisition announcement of 2022. 2. Microsoft (MSFT) has signaled it plans to challenge the Federal Trade Commission's lawsuit to block its $75 billion deal for Activision Blizzard (ATVI), and is expected to argue that it is an underdog in videogame developing, The Wall Street Journal's Sarah E. Needleman reports. Legal experts say Microsoft will likely build its case around those talking points as well as the fact that it is pursuing what is called a vertical merger, meaning it is buying a company in its supply chain as opposed to a direct competitor, the author notes. 3. Real estate investment trusts have not been the place to be in 2022-and while next year shouldn't be worse, it might not be all that much better, Ben Levisohn writes in this week's edition of Barron's. Nonetheless, some mall REITs look attractive, such as Simon Property Group (SPG), which could hold up better than most of its peers due to its exposure to luxury brands, the author notes. 4. Disney's (DIS) "Avatar: The Way of Water" won this weekend's domestic box office with an estimated $134M opening, which was less than expected. Overseas, James Cameron's film debuted to $301M for a global cume of $435M. The movie stars Zoe Saldana, Sam Worthington, Sigourney Weaver and Stephen Lang, and centers on Worthington's Sully and Saldana's Na'vi character, Neytiri. 5. Alphabet (GOOGL), Bank of America (BAC), Medtronic (MDT), Alcoa (AA), Amazon (AMZN), Berkshire Hathaway (BRK.A), Comcast (CMCSA), Delta Air Lines (DAL), Madison Square Garden Sports (MSGS), and Toll Brothers (TOL) saw positive mentions in this week's edition of Barron's.
LHX AJRD		Hot Stocks 19:05 EST L3Harris to acquire Aerojet Rocketdyne for $58 per share - L3Harris Technologies (LHX) and Aerojet Rocketdyne (AJRD) together announced the signing of a definitive agreement for L3Harris to acquire Aerojet Rocketdyne for $58 per share, in an all-cash transaction valued at $4.7 billion, inclusive of net debt. This marks L3Harris' second acquisition announcement of 2022. Aerojet Rocketdyne currently generates approximately $2.3 billion in annual revenue. The cash acquisition will be funded with existing cash and the issuance of new debt. The deal is expected to close in 2023, subject to required regulatory approvals and clearances and other customary closing conditions.
ARDX		Hot Stocks 17:16 EST Ardelyx provides update on FDA appeal for XPHOZAH - Ardelyx provided an update regarding the appeal to the Complete Response Letter for the New Drug Application for XPHOZAH. Earlier today, Peter Stein, Director of the Office of New Drugs, Center for Drug Evaluation and Research of the U.S. Food and Drug Administration, requested a meeting with Ardelyx to discuss the status of his review of the appeal. After a productive conversation, Stein communicated that the FDA is finalizing the response and may require up to a few more weeks to do so. Ardelyx will communicate the response to the appeal once it has been received from the FDA.
MLCO		Hot Stocks 15:38 EST Melco Resorts & Entertainment announces further details of gaming Concession - Melco Resorts & Entertainment announced further details of the ten-year concession to operate games of fortune and chance in casinos in Macau granted to Melco Resorts, a subsidiary of the company, as announced on December 16, 2022. The Concession is granted by the Macau Special Administrative Region of the People's Republic of China to Melco Resorts Macau as the Concessionaire. The term of the Concession commences on January 1, 2023 and ends on December 31, 2032. Under the Concession, Melco Resorts Macau is authorized to operate the Altira Casino, the City of Dreams Casino and the Studio City Casino as well as the Grand Dragon Casino and the Mocha Clubs. The Macau SAR government has allocated 750 gaming tables and 2,100 electronic gaming machines for operation by the Concessionaire during the Concession. Under the Concession, Melco Resorts Macau will pay an annual premium to the Macau SAR of MOP30,000,000 -- equivalent to approximately US$3,741,000 -- plus a variable amount calculated in accordance with the number of gaming tables and electronic gaming machines operated by Melco Resorts Macau. The Concession may be terminated by the Macau SAR government by mutual agreement with the Concessionaire, for breach of obligations by the Concessionaire, for reasons of public interest, by reason of threat to national security, or for lack of suitability of the Concessionaire. In addition, the Macau SAR government may, from the eighth year of the Concession, redeem the Concession by notice to the Concessionaire at least one year in advance. Pursuant to such redemption, the Macau SAR government would assume all rights and obligations of the Concessionaire resulting from business legally and validly conducted by the Concessionaire before the date of the redemption notice and the Concessionaire would have a right to obtain reasonable and fair compensation under applicable Macau SAR law. The Concession provides for Melco Resorts Macau's right to use the casino premises and related land for the purpose of operating games of chance under the Concession during the term of the Concession. On the termination or expiry of the Concession, the casino premises operated under the Concession and the gaming equipment would automatically revert to the Macau SAR without compensation.