Fly Intel: Top five weekend stock stories

Catch up on the weekend's top five stories with this list compiled by The Fly: 1. New York state moved to reopen ski resorts and movie theaters, giving a much needed reprieve for the entertainment businesses that are among the last to get a green light to resume operations, Bloomberg's Yuegi Yang reported. Governor Andrew Cuomo said this weekend that cinemas, except for those in New York City and counties with high infection rates, can reopen at 25% capacity next Friday, with up to 50 people per screen. Ski resorts can open at 50% indoor capacity, beginning Nov. 6, and outdoor capacity on mountains will be cut by 25% during peak days, the author notes. Publicly traded companies in the movie space include AMC Entertainment (AMC), Cinemark (CNK), Cineworld Group (CNNWF), Imax (IMAX), Marcus (MCS) and National CineMedia (NCMI). 2. Altice USA (ATUS) has presented a revised and enhanced offer to Cogeco and Cogeco Communications to acquire 100% of the issued and outstanding shares of Cogeco. Altice USA has also revised its arrangement with the largest long-term shareholder of Cogeco, Rogers Communications (RCI), to sell all the Canadian assets of Cogeco at an adjusted net price of C$5.2B, if its transaction with Cogeco is completed. Upon completion of the overall transaction, Altice USA would own all the U.S. assets - Atlantic Broadband - of Cogeco, and Rogers would own the Canadian assets. The aggregate all-cash consideration offered for all of the outstanding shares of CGO and CCA, including those owned by Rogers, is $8.4B. 3. Apple's (AAPL) launch event brought no surprises, Eric Savitz wrote in this week's edition of Barron's. 5G won't matter that much, but iPhones should still sell well, the author noted. Apple isn't going to include the usual earbuds and power bricks in the box, allegedly to be greener, but really to reduce the cost of goods sold, the publication added. One of the few surprises on launch day was the aggressive upgrade push from carriers AT&T (T), Verizon (VZ), and later, T-Mobile US. (TMUS). Additionally, Savitz pointed out that while Apple had a better June quarter than anyone expected, the September quarter report on Oct. 29 could be messy. 4. Tesla (TSLA) is starting to export made-in-China Model 3 vehicles to Europe, something the automaker originally said it didn't plan to do, Electrek's Fred Lambert reported. With the changes that were made to the Model 3 this week, Tesla pushed the delivery timeline of the Model 3 Standard Range Plus in European markets, the author noted, adding that new Model 3 Standard Range Plus buyers in Europe are being told their cars are coming from China. 5. eBay (EBAY) saw a positive mention in this week's edition of Barron's.