Stockwinners Market Radar for June 30, 2024 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

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20:04 EDT Fly Intel: Top five weekend stock stories - Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Boeing (BA) agreed on Sunday to acquire Spirit AeroSystems (SPR) for more than $4B, ending months of talks over a deal the U.S. planemaker hopes will help ease a spiraling safety crisis, Reuters' Mike Stone and Allison Lampert report, citing two people familiar with the matter said. The acquisition values Spirit at around $4.7B, according to one of the sources. The deal, which is subject to regulatory approvals, would result in the breakup of Spirit, with some of the Kansas-based supplier's assets going to French planemaker Airbus (EADSY). 2. The news of Boeing's acquisition of Spirit AeroSystems comes amid reports saying the U.S. Justice Department has told the former that it will charge the planemaker with fraud, leaving Boeing to choose between pleading guilty or taking the risk of going to trial. Boeing will have until the end of the week to decide whether to plead guilty to the charges, the department told the families of victims of two fatal 737 Max crashes and their attorneys in a meeting Sunday, Bloomberg's Allyson Versprille and Chris Strohm reported, citing people familiar with the matter. 3. After years of underperformance, Honeywell (HON) International stock may be ready to resume its winning ways, Al Root writes in this week's edition of Barron's. Under CEO Vimal Kapur, who took over in June 2023, the company is targeting 10% annual earnings growth, using acquisitions and operational improvement-with an assist from post-pandemic normalization-to get there. The stock also looks reasonably priced in a way it hasn't in years. Combine that with the possibility that the pieces could be worth more than the whole, and Honeywell shares, at a recent $213, look like a bet whose time has come, the author writes. 4. Disney (DIS) and Pixar's "Inside Out 2" stayed atop the domestic box office, grossing another $57.4M in its third outing and crossing the $1B mark in global ticket sales. The movie is the first to top $1B at the global box office since Warner Bros.' (WBD) "Barbie." "Inside Out 2" sports a Rotten Tomatoes critics score of 93% and audience score of 96% and has earned an A CinemaScore. 5. Yelp (YELP), Powell Industries (POWL), Simply Good Foods (SMPL), Euronet Worldwide (EEFT), GMS (GMS), and Commvault Systems (CVLT) saw positive mentions in this week's edition of Barron's.
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19:41 EDT Chicken Soup for the Soul files for bankruptcy, NY Times reports - Chicken Soup for the Soul Entertainment, the parent company of the movie rental company Redbox, which is known for its distinctive red kiosks, filed for Chapter 11 bankruptcy protection on Friday, The New York Times' Sara Ruberg reported. Chicken Soup for the Soul Entertainment is separate from its book-publishing arm, which is unaffected by the bankruptcy filing. It was not immediately clear whether the Chapter 11 filing would affect the Redbox operation, the author says. Reference Link