Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.
Roark Capital has an appetite for wings. The firm, which already owns the Arby’s and Cinnabon restaurant chains, is buying Buffalo Wild Wings (BWLD) for $2.4B. That’s a 34% premium to Wild Wing’s closing price Nov. 13th. Buffalo Wild Wings will keep its own brand — but answer to Arby’s CEO.
Microsoft (MSFT) wants to take some cloud market share from Amazon. It’s signed up business-software vendor SAP as a cloud partner. The team up will let corporate customers use new technology and shift computing operations easily. Last year, Amazon Web Services accounted for 44% of computing services, compared to Microsoft Azure’s 7%.
Google (GOOGL) says it’s fixing child abuse terms in its auto-fill section. First, YouTube’s search algorithm was autocompleting phrases like “How to have…” with phrases like “s*x with children.” This comes the same week major brands, including Mars and Adidas, pulled their ads from YouTube after predatory comments were found on videos of children.
Japan’s Softbank says it’s still interested in buying a 14% stake in Uber, but at a 30% discount. The ride-hailing services missteps seem to have caught up with it. Uber is said to be considering the revised offer.