Synergies Set the Stage for the Week on Wall Street
On this Market Foolery podcast, host Chris Hill, Million Dollar Portfolio's Jason Moser, and Stock Advisor Canada's Taylor Muckerman break down the interesting business news of the day, and much of it centered around the strength to be found in unity.
Tyson Foods (NYSE: TSN) turned in a strong quarter, and beyond the simple matter of rising prices and demand, it also is gaining ground through acquisitions in the packaged food space. Marriott International (NASDAQ: MAR) signed a new deal with China's Alibaba (NYSE: BABA) that will give it better access to an enormous market. Netflix (NASDAQ: NFLX) made its first-ever acquisition, and while you may be unfamiliar with the small comic book company it bought, you'll soon see why it could be a huge win. Finally, even Tesla (NASDAQ: TSLA), one could say, renewed an old partnership -- with the world's debt markets, as Elon Musk went back to the bond well for $1.5 billion in financing to help him transform the automotive industry.
A full transcript follows the podcast.
Source: Fool.com
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