Benzinga reviews this weekend’s top stories covered by Barron’s. Here are the articles investors need to read.
In “Oneok investors reject the Magellan deal“Andrew Bary writes that investors don’t seem too happy with the natural gas transport company oneoks OK proposed merger with pipeline transportation business Magellan Midstream Partners MMP as Oneok’s stock has fallen since announcing the $18.8 billion transaction.
“Tyson Insiders bought up the run down stocks” by Ed Lin, notice that Tyson Foods’ TSN The stock fell on a “disappointing second fiscal quarter and a cut in guidance.” Still, Tyson insiders, including the company’s president and CEO, Donnie King, bought a large number of run-down shares on the open market, signaling a bullish outlook for the stock.
See also: Analyst Warns Bitcoin and Other Crypto Assets Could Crash If This Happens: ‘It Could Hit a New Low’
In “All focus on Bud Light’s transgender controversy. You’re missing an opportunity for a stock bargain“Bary notes that aside from the controversy surrounding Bud Light’s decision to work with transgender influencer Dylan Mulvaney, Anheuser-Busch InBev BUD is trading at an unusually deep discount despite an improved balance sheet and strong positions around the world.
“Disney stock lost a bull market. The move to streaming will be painful” by Connor Smith indicates that an analyst lowered his rating Disney DIS Stock, noting that the company’s move to streaming — coupled with the slow growth of Disney’s parks business and an ongoing feud with Florida Gov. Ron DeSantis — has had a noticeable impact on Disney’s bottom line.
In “Western Alliance and KeyCorp tumble as report Yellen finds more bank mergers may be neededEmily Dattilo explains why local bank stocks are so popular Western Alliance Bancorp. WHALE, KeyCorp BUTTON And Zion’s Bancorp ZION experience a roller coaster ride amid Treasury Secretary Janet Yellen’s announcement that more bank mergers could be on the way…
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