2017-04-30 20:36:22 | On The Fly: Top five weekend stock storiesCatch up on the weekend's top five stories with this list compiled by The Fly: 1. Twenty-First Century Fox (FOX) and private equity firm Blackstone (BX) are in talks on a joint bid for Tribune Media (TRCO), potentially besting Sinclair's (SBGI) pursuit of the company, according to the Financial Times. 2. Speaking at a TED conference Friday, Tesla (TSLA) CEO Elon Musk revealed a teaser image of the company's semi truck and hinted at plans for as many as four additional Gigafactories. 3. Twitter (TWTR) CEO Jack Dorsey disclosed Friday the purchase of roughly 574,000 company shares, building on a similarly-sized buy in February. Note that, following the February purchase, research firm Odeon called the event an opportunity to bet against the company. 4. Comcast (CMCSA) subsidiary Universal's "The Fate of the Furious" passed the $1B mark across global box offices as Disney (DIS) prepares to launch "Guardians Of The Galaxy Vol. 2" next weekend. 5. Caterpillar (CAT), NextEra Energy (NEE), Edgewell Personal Care (EPC), Coach (COH) and fiberoptic names including Lumentum (LITE) and Oclaro (OCLR) drew positive mention in Barron's, while Express Scripts (ESRX) and Chipotle (CMG) were discussed cautiously. | |
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