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T

AT&T

$37.49 /

-1.16 (-3.00%)

, TWX

Acquired by T

$89.48 /

+6.49 (+7.82%)

21:07
10/23/16
10/23
21:07
10/23/16
21:07

On The Fly: Top five weekend stock stories

Catch up on the weekend's top five stories with this list compiled by The Fly: 1. AT&T (T) reached an agreement to acquire Time Warner (TWX) in a cash-and-stock deal valued at $107.50 per share, or about $85B, the companies announced Saturday. The telecom and cable giant also reported its third quarter results, showing profits of 74c on revenue of $40.9B versus the 74c and $41.15B that was expected. As media outlets speculated on the strategic merits of the deal, senior government officials -- including presidential candidate Hillary Clinton, Senator Bernie Sanders, and leaders from the Senate antitrust committee -- called for close scrutiny of the combination. 2. Rockwell Collins (COL) announced a deal to buy B/E Aerospace (BEAV) for about $62.00 per share, or $6.4B, while also reporting fourth quarter earnings of $1.58 on revenue of $1.45B against estimates of $1.57 and $1.48B. B/E Aerospace also released its quarterly report in conjunction with the news, showing earnings per share of 83c on revenue of $733M as compared to forecasts of 80c and $707.45M. 3. Not to be left out in an M&A heavy weekend, Genworth (GNW) announced its acquisition by China Oceanwide for approximately $2.7B, or $5.43 per share. The mortgage insurer also secured $1.1B in a separate capital infusion from the Chinese group as it looks to offset nearly the same amount in special charges for the quarter. 4. Lionsgate (LGF) broke a string of box office blunders with this weekend's release of "Tyler Perry's Boo! A Madea Halloween," which nearly doubled analyst estimates in a surprise upset of Viacom (VIA) action thriller sequel "Jack Reacher: Never Go Back." 5. Amerco (UHAL), Danone (DANOY), Allergan (AGN), Caterpillar (CAT), Applied Materials (AMAT), Integrated Device (IDTI), Energous (WATT) and Check-Cap (CHEK) saw positive calls in Barron's.

T

AT&T

$37.49 /

-1.16 (-3.00%)

TWX

Acquired by T

$89.48 /

+6.49 (+7.82%)

COL

Acquired by UTX

$84.46 /

+0.83 (+0.99%)

BEAV

Bought by COL

$50.61 /

-0.04 (-0.08%)

GNW

Genworth

$5.21 /

+0.05 (+0.97%)

LGF

Use LGF.A, LGF.B

$19.71 /

+0.41 (+2.12%)

VIA

Via Renewables

$42.05 /

+1.1 (+2.69%)

VIAB

VIAB

/

+

UHAL

U-Haul Holding Company

$330.96 /

+1.58 (+0.48%)

DANOY

Danone

$13.82 /

-0.08 (-0.58%)

AGN

Bought by ABBV

$230.47 /

-2.61 (-1.12%)

CAT

Caterpillar

$86.33 /

-0.3 (-0.35%)

AMAT

Applied Materials

$28.43 /

+0.05 (+0.18%)

IDTI

Integrated Device

$20.31 /

-0.06 (-0.29%)

WATT

Energous

$16.10 /

-0.36 (-2.19%)

CHEK

Check-Cap

$1.77 /

-0.02 (-1.12%)

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