Stockwinners Market Radar for December 25, 2023 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

BANC...

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20:02 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. Manchester United (MANU) announced that it has entered into an agreement under which Chairman of INEOS, Jim Ratcliffe, will acquire 25% of Manchester United's Class B shares and up to 25% of Manchester United's Class A shares and provide an additional $300M intended to enable future investment into Old Trafford. As part of the transaction, INEOS has accepted a request by the Board to be delegated responsibility for the management of the Club's football operations. This will include all aspects of the men's and women's football operations and Academies, alongside two seats on the Manchester United board and the Manchester United Football Club boards. 2. Stratasys (SSYS) confirmed that it has received a preliminary proposal from Nano Dimension (NNDM) to purchase all the outstanding shares of Stratasys it does not currently own for $16.50 per share in cash. 3. Tesla (TSLA) stock has had an incredible 2023. China's BYD (BYDDF) might be the better electric-vehicle bet in 2024, Al Root writes in this week's edition of Barron's. BYD sells a lot of electric cars-more than Tesla, when you include its plug-in hybrids. It also makes money-about as much as Tesla. Its stock, though, hasn't performed nearly as well as Elon Musk's EV maker, the author notes. In fact, it has barely budged even as BYD's earnings have surged, showing that concerns about the future of EVs have overwhelmed fundamentals. 4. Warner Bros.' (WBD) "Aquaman and the Lost Kingdom" won the Christmas weekend with one of the lowest debuts in the history of the DC Cinematic Universe. The movie has a projected four-day domestic gross of $38M-$39M, including $27.7M for the three-day weekend. Overseas, James Wan's film earned $80.1M from72 markets. Aquaman 2 sports a B CinemaScore from audiences. 5. Utz Brands (UTZ), Synopsys (SNPS), Bloombin' Brands (BLMN), Dine Brands (DIN), Banc of California (BANC), OneWater Marine (ONEW), and Hillenbrand (HI) saw positive mentions in this week's edition of Barron's.
HOLI

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15:09 EST Buyer Consortium announces all-cash proposal of $29/share to acquire Hollysys - Buyer Consortium led by Dazheng Group announced it has submitted an increased all-cash offer of $29 per share, or approximately $1.8B, to acquire all outstanding shares of Hollysys Automation Technologies in a letter sent to the Board on December 24, 2023. In addition to Dazheng Group and TFI Asset Management Limited, GA Technologies Limited has agreed to join the consortium. The new member brings the Consortium enhanced credibility and secured financing.
MANU

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15:07 EST Manchester United reaches agreement for Jim Ratcliffe to acquire up to 25% stake - Manchester United announced that it has entered into an agreement under which Chairman of INEOS, Jim Ratcliffe, will acquire 25% of Manchester United's Class B shares and up to 25% of Manchester United's Class A shares and provide an additional $300M intended to enable future investment into Old Trafford. As part of the transaction, INEOS has accepted a request by the Board to be delegated responsibility for the management of the Club's football operations. This will include all aspects of the men's and women's football operations and Academies, alongside two seats on the Manchester United board and the Manchester United Football Club boards. The joint ambition is to create a world-class football operation building on the Club's many existing strengths, including the successful off-pitch performance that it continues to enjoy. The transaction is subject to customary regulatory approvals and all parties are hopeful it will be completed as soon as possible. Under the terms of the transaction agreements, Trawlers Limited will acquire 25% of the Class B ordinary shares of the company, par value $0.0005 per share, and initiate a tender offer to acquire up to a number of shares that, at launch, will represent 25% of the Class A ordinary shares of the company, par value $0.0005 per share, in each case at a price of $33.00 per share in cash. Subject to a sufficient number of Class A shares being tendered in the offer, Trawlers Limited would own 25% of the Club following the closing of the transaction. The transaction will be fully funded by Trawlers Limited without any debt.