If you're feeling good about the market, you're not alone. Take my hand as we go over some of this week's more uplifting headlines.
1. Connection issues
As a consumer, I hate seeing that the company that has championed tiered data pricing plans and premium-priced wireless access in general is getting bigger. The combination may result in some eventual relief for accounts stapled to AT&T's occasionally overtaxed network, but I still don't like what this may mean for consumers with one less meaningful carrier unable to help consumers out with a pricing war.
Then again, it's using that exact logic that AT&T is brilliant in making this move. As long as it can get antitrust regulators to sign off on the deal -- not a given, mind you -- AT&T and even its remaining rivals will benefit from having T-Mobile in Ma Bell's clutches.
At the very least it will put an end to the AT&T attack ads that T-Mobile was championing with that infectiously attractive Carly Foulkes slinging the venom. Paying $39 billion in hush money may seem exorbitant, but it's strategically brilliant.
2. Getting the Schwab done
The leading discounter is buying optionsXpress
The deal originally values optionsXpress at less than $18 a share. It's not as if optionsXpress was desperate. The broker led all of the publicly traded discounters with a 37% year-over-year spike in daily average revenue trades last month.
Is a "smart" move by Schwab also a "dumb" one by optionsXpress? Not really. Class-action lawsuits are being initiated to counter the $1 billion deal, but this is a win-win deal in the end. This is an all-stock transaction, so optionsXpress will benefit from Schwab's savvy move -- at a small discount -- as well as the synergies that will drive combined overhead lower.
3. The great screen of China
China is already IMAX's
The provider of super-sized cinematic experiences is working with Wanda Cinema Line on a deal to retrofit 75 multiplex screens into premium IMAX theaters over the next four years.
This will be a joint-venture deal similar to the ones that IMAX has inked with some stateside exhibitors. It translates into sacrificing meaty upfront installation payments for a bigger piece of the ticketing and concessions action.
The world's most populous nation is already home to some of IMAX's highest grossing screens, and now more Chinese movie studios will likely remaster local releases to screen in the enhanced IMAX cinemas.
There's also another timely bonus. Sucker Punch: The IMAX Experience begins its hyped theatrical run today. Despite receiving mixed critic reviews, it's poised to have a monstrous opening weekend
4. Every outage has a silver lining
Leave it to Netflix
The video rental service sent a credit of $0.24 to some of its more than 20 million subscribers after a temporary site outage left members without the ability to stream or manage their DVD queues.
This may not seem like much, but it's a brilliant move. This roughly breaks down to what Netflix charges a day for its monthly streaming service. It's subtly telling its users how affordable Netflix is, especially relative to chunky cable bills or costly piecemeal rentals.
As long as the outages are infrequent, there's a promotional bent to these pocket change credit issuances.
5. A penny for Citi's thoughts
The banking giant has been trading in the single digits for a while, and this is a zero-sum move that will get its stock up to a respectable price that's more comparable with its peers.
Another good thing about the reverse is that it finally frees Citi up to reinitiate its quarterly dividend. Sure, the new rate of $0.01 a share post-split isn't going to make income investors jealous, but it would have been Wall Street's laughingstock if it was paying just $0.001 a share every three months without the split.
In short, Citi's reverse makes its payouts less of a burden on the recovering banking behemoth.
IMAX is a Motley Fool Rule Breakers recommendation. Netflix, optionsXpress, and Charles Schwab are Motley Fool Stock Advisor selections. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.
Longtime Fool contributor Rick Munarriz is an optimist at every turn. He does not own shares in any of the stocks in this story, except for Netflix. Rick is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy.