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United shares higher on earnings beat, upped 2018 guidance

“United said it expects full-year 2018 adjusted earnings between $7.25 and $8.751 a share, from previous expectations of earnings between $7 and 8.50 a share” writes Claudia Assis for marketwatch.com. UAL, +0.50% rose more than 3% late Tuesday after the company reported better-than-expected second-quarter earnings and upped its projections for this year’s profits. Source: marketwatch.com Share This:

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Market volatility sparked by trade war fears boost online broker Plus500

“Online broker Plus500 has raised its profit forecast for the second time in as many months, after a spike in trading prompted by growing market volatility and fears of a global trade war” writes Matthew Lynn for telegraph.co.uk. The upgrade follows a run of good news for the Israel-based company, which also upped its forecasts and graduated to London’s main stock market from the more junior Aim last month. Source: telegraph.co.uk Share This:

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Fox’s decision to wait on Sky counteroffer is muddling the European pay TV operator’s future

“Fox doesn’t have to bump its bid yet, and Sky isn’t ready to put either bid to a shareholder vote” writes Alex Sherman for cnbc.com. But several people close to Sky thought an increased bid would come at the same time Disney bumped its bid for Fox.Disney and Comcast can’t directly communicate about splitting any of the Fox assets unless Fox releases Disney from its already-signed merger agreement.”If Disney doesn’t bid again on Sky, perhaps Comcast lets them take Fox for $38-a-share, and Comcast walks away with Sky, and you…

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Disney ups its Fox bid to $71.3 billion in response to Comcast offer

“Disney has officially upped its offer for the purchase of 21st Century Fox” writes Jun Edt for theverge.com. This will also presumably offer Comcast a chance to decide whether or not it wants to up the ante in what could be an extended bidding war for 21st Century Fox’s assets.It’s a direct counter to Comcast, which tried to swoop in earlier this month with a $65 billion, all-cash offer to top Disney’s original bid by offering $35 per share. Source: theverge.com Share This:

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Zillow price target upped at Canaccord Genuity as guidance sets up ‘exciting year ahead’

“Graham’s $54 price target implies an 18% jump in share price from Friday levels, and is stronger than the FactSet median of $50.44” writes Andrea Riquier for marketwatch.com. Canaccord Genuity Analyst Michael Graham on Friday increased his price target for shares of Zillow Group ZG, -3.86% calling the company’s outlook and new strategies “exciting.”. Zillow’s fourth-quarter EPS was in line with analyst expectations, but revenue was slightly higher. Source: marketwatch.com Share This:

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Brad Pitt Bids 6-Figures at Auction for ‘Game of Thrones’ Viewing with Emilia Clarke

“Brad hit up Sean Penn’s annual relief event in Hollywood, and one of the items up for silent auction was watching an episode of “Game of Thrones” … with Emilia Clarke!!!” reports tmz.com. Kit apparently quipped he’d sit in for the “GOT” viewing and Brad then upped his bid again … to $120k!!!. Harrington had been in the bathroom when the bidding began, but when he returned to the room Brad outbid HIMSELF and upped the ante to $90k. Source: tmz.com Share This:

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Warren Buffett has upped his stake in American and Southwest Airlines

“It also shed 8 percent of its holdings in Delta Air Lines Inc , ending the quarter with 55 million shares worth $2.53 billion” writes Jonathan Stempel for businessinsider.com. In a regulatory filing, Berkshire said that in the first quarter it boosted its stake in American by 8 percent to 49.3 million shares worth $2.08 billion as of March 31, and in Southwest by 10 percent to 47.7 million shares worth $2.57 billion. Source: businessinsider.com Share This:

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