New thread for "Other stocks" 1.22.13

[Rewind]

Walmart reports strongest sales in 8 years; shares up 8.3% to $97.29

http://www.ft.com/content/4782257e-c...3-c63fdc9b8c6c

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Marvell Technology to buy rival chipmaker Calcium for $6 billion

http://www.reuters.com/article/us/-c...-idUSKBN1DK02S

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Shares of Cumulus Media are at 26¢ right now. Cumulus is not "too big to fail." That is my opinion. Opposing viewpoints are welcome.

Delisted by NASDAQ, Cumulus Media moves To OTC markets

http://www.insideradio.com/free/deli...d8fcba2e8.html

[Rewind]

The day after Thanksgiving. "Black Friday." A big day for online shopping -- and especially for Amazon. Shares hit a record high today: $1,186. The net worth of founder/CEO Jeff Bezos has topped $100 billion.

http://www.cnbc.com/2017/11/24/jeff-...0-billion.html

[Rewind]

Obviously not everyone believes the print industry is dying:

Meredith Corporation buys Time Inc. in $2.8 billion 'all-cash' deal
Iowa-based company is backed by the Koch brothers.

http://www.thewrap.com/meredith-near...-buy-time-inc/

[Rewind]

Another day, another multi-billion-dollar deal:

Arby's buying Buffalo Wild Wings in deal valued at $2.4 billion
The Associated Press, Nov 28 2017

Arby's is buying casual dining chain Buffalo Wild Wings in a deal worth about $2.4 billion. Arby's Restaurant Group said today that it will pay $157 per share. That's a 7% premium to Buffalo Wild Wings' Monday closing price of $146.40. The companies put the transaction's value at $2.9 billion, including debt. Once the deal closes Buffalo Wild Wings will become a privately held subsidiary of Arby's and will continue to operate as an independent brand. The deal is expected to close in 2018's first quarter. It still needs the approval of Buffalo Wild Wings shareholders.

https://www.msn.com/en-us/money/comp...D=ansmsnnews11

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If we’re picking favorites, I choose Walt Disney Co.
Luke Lango, InvestorPlace, Nov 28 2017, 10:59 AM EST

The Walt Disney Company has the best amusement parks in the world. It is also behind the best movies in the world, including every good superhero and animated film. Disney is also responsible for distributing the best sports content in the world, both live and recorded. But Walt Disney stock hasn’t been the best stock in the world. Far from it. While the S&P 500 has rallied nearly 20% over the past year, Disney stock has risen less than 5%. Why? Cord-cutting. As people cut the cord on cable, Disney’s channels (like ESPN, ABC and Disney Channel) are losing subscribers. Advertising and subscription revenues are going down. Disney’s Media Networks segment, which is responsible for just under half of Disney’s operating profits, is getting killed.

But these are all near-term issues. Between ESPN, Pixar, Marvel and LucasArts, Disney is behind the best and most in-demand content in the world. The company just currently finds itself on the wrong side of shifting media consumption behavior. Starting in 2018, though, Disney will start adjusting to this shift with the launch of its ESPN Plus platform. In 2019, Disney will be entirely on the right side of this shift with the launch of its own Disney-branded Netflix-style service. Now looks like the time to load up on Walt Disney stock while it’s still, cheap ahead of major growth catalysts which should propel shares markedly higher.

https://investorplace.com/2017/11/ne.../#.Wh32HptzLcs

[Rewind]

The President and the Republicans in Congress continue to insist the GOP plan will help the middle class. It will not. It mostly gives huge tax cuts to big corporations and the wealthiest Americans. But today, with Senator John McCain declaring he will vote in favor of the plan, investors are optimistic that the bill will pass, resulting in lower taxes on corporations and less restrictive oversight of the financial sector. The stock market reflected that optimism.

Wall Street gains, Dow tops 24,000 as tax bill gains steam
Reuters, Nov 30 2017

The S&P closed at a record high today and the Dow Jones Industrial Average broke above the 24,000 mark for the first time as investors gained confidence that the Republican party’s push for a U.S. tax overhaul would succeed. The Dow rose 331.67 points, or 1.39 percent, to 24,272.35; the S&P 500 gained 21.51 points, or 0.82 percent, to 2,647.58; and the NASDAQ Composite added 49.63 points, or 0.73 percent, to 6,873.97.

https://www.reuters.com/article/us-u...-idUSKBN1DU1P5

[Rewind]

Just days after being acquired by Meredith Corporation, Time Inc. has sold Sunset magazine to a Beverly Hills private equity firm for $20 million.

https://nypost.com/2017/11/30/time-i...r-20m-sources/

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And yet another multi-billion-dollar deal! And Disney buying Fox could be the next one.

CVS Health is buying Aetna for $69 billion in 2017's biggest deal

http://www.businessinsider.com/cvs-h...-aetna-2017-10