Reply To: Traders Market Weekly: Expect the Unexpected


Intel (INTC 25.29 +0.25 +1.00%): is planning thousands of job cuts, according to Bloomberg
PepsiCo (PEP 167.50 +4.91 +3.02%): beats by $0.12, beats on revs; raises FY22 EPS above consensus
Norwegian Cruise Line (NCLH 12.06 +0.43 +3.70%): UBS upgrades to Buy from Neutral
Philips (PHG 13.67 -1.24 -8.32%): sees Q3 revs below consensus
Cameco (CCJ 22.80 -3.02 -11.70%): and Brookfield Renewable Partners (BEP) are forming a strategic partnership to acquire Westinghouse Electric Company, whose total EV is $7.875 bln; announces 29,615,000 common shares bought deal offering at $21.95/share for gross proceeds of approximately $650 mln
Diamondback Energy (FANG 140.40 +1.03 +0.74%): enters into definitive purchase agreement to acquire all leasehold interest and related assets of FireBird Energy in exchange for 5.86 million shares of Diamondback common stock and $775 mln of cash
Lyft (LYFT 11.78 +0.51 +4.53%): Gordon Haskett upgrades to Buy from Hold