Walt Disney studios has gone from Mickey Mouse to Darth Vader, and boy is it paying off. With Rogue One: A Star Wars Story having a worldwide opening weekend coup of $290 million, Disney has become the first movie studio in history to gross $7 billion globally at the box office. Where does the studio go from here? And just how high is the roof for The Walt Disney Company?
Read The Capitalist’s Take Here
Read More at USA Today
Read More at Fortune
FRED’S AGREES TO ACQUIRE 865 RITE AID STORES
In a bid to bolster its chances to buy Rite Aid, Walgreens Boots Alliance and Rite Aid said Tuesday that they plan to sell hundreds of Rite Aid locations to Fred's Inc.for $950 million.If the sale of the 865 stores gets the green light from regulators, Fred's would instantly become one of the biggest pharmacy chains in the U.S., and Walgreens' year-long quest to merge with its drug store rival would move closer to its goal of the deal closing at the start of next year.
Read More at USA Today Here
Read More at MarketWatch Here
Read More at CNBC Here
MARK ZUCKERBERG BUILDS SOFTWARE BUTLER – JARVIS FOR HIS HOME
Mark Zuckerberg's artificial intelligence-imbued software “butler” — named Jarvis — is now in service, and even plays with his family, the Facebook chief said Monday. Zuckerberg took on the personal project this year, devoting about 100 hours to making a system inspired by the “Iron Man” film character Jarvis as a virtual assistant to help manage his household..
Read More at Yahoo Here
Read More at TIME Here
Read More at Economic Times Here
– Tuesday, December 20th
Dow Flirts with 20k as Financials Lead Markets Higher
Big Insider Trades
– Genesee & Wyoming, Inc. (GWR) Director Mortimer Fuller Sells $2m
-Infinity Pharmaceuticals, Inc. (INFI) Execs Buy $1..3m