Stockwinners Market Radar for September 09, 2017 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

DUK

Hot Stocks

15:40 EDT Duke Energy Florida projects power outages could exceed 1M from Irma - Duke Energy Florida is projecting more than one million power outages associated with damage from Hurricane Irma as the storm nears the state. Duke Energy is increasing the number of resources coming to Florida. It is initially mobilizing about 8,000 lineworkers, tree professionals, damage assessment and support personnel to safe locations. They will be prepared to respond to outages once it is safe to do so. Crews left today from Duke Energy locations in the Midwest with a contingency of 1,500 workers to support our restoration efforts. Duke Energy Florida serves 1.8 million customers in the state.
INAP

Hot Stocks

15:38 EDT Internap Houston data center remains 100% operational - Internap has announced that despite widespread flooding and damage caused by Hurricane Harvey in Houston and the surrounding areas, its Houston data center remains 100% operational for its entire product portfolio and the company has pledged resources toward the recovery efforts. Internap's Network Operations Center continues to inspect and monitor the facilities and the services utilized by Internap customers.
ARRY

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15:35 EDT Array BioPharma announces Phase 3 COLUMBUS part 2 results - Array BioPharma announced results from Part 2 of the Phase 3 COLUMBUS study evaluating binimetinib, a MEK inhibitor, and encorafenib, a BRAF inhibitor, in patients with BRAF-mutant advanced, unresectable or metastatic melanoma. The primary analysis of Part 2 compared progression free survival in patients treated with binimetinib 45 mg twice daily plus encorafenib 300 mg daily to patients treated with encorafenib 300 mg daily as a single agent. Part 2 of the study was designed specifically to measure the contribution of binimetinib to the combination by holding the dose of encorafenib at 300 mg in both arms. The median PFS for patients treated with COMBO300 was 12.9 months compared to 9.2 months for patients treated with single agent encorafenib. COMBO300 was generally well-tolerated and reported dose intensity and adverse events were consistent with binimetinib 45 mg twice daily plus encorafenib 450 mg daily results in COLUMBUS Part 1. Grade 3/4 adverse events that occurred in 5% or more of patients receiving COMBO300 were increased gamma-glutamyltransferase, increased blood creatine phosphokinase and increased alanine aminotransferase. The incidence of selected any grade AEs of special interest, defined based on toxicities commonly associated with commercially available MEK+BRAF-inhibitor treatments for patients receiving COMBO300 included pyrexia, rash, retinal pigment epithelial detachment and photosensitivity. Full safety results of COLUMBUS Part 2 were presented at the 2017 ESMO Congress. On July 5, Array had announced that it submitted two NDAs to the FDA to support use of the combination of binimetinib 45 mg twice daily and encorafenib 450 mg once daily for the treatment of patients with BRAF-mutant advanced, unresectable or metastatic melanoma. Array completed its NDA submissions based on findings from the pivotal Phase 3 COLUMBUS trial. In addition, Array's European partner, Pierre Fabre, announced on August 28, 2017, that the European Medicines Agency has validated the review of the MAAs for binimetinib and encorafenib.
VRSK

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15:27 EDT AIR Worldwide estimates U.S. insured losses for Irma between $15B-$50B - Catastrophe modeling firm AIR Worldwide estimates combined insured losses for Hurricane Irma for the U.S. and selected islands in the Caribbean will be between $20B-$65B. For the U.S., AIR's estimated industry insured losses resulting from Hurricane Irma's wind and storm surge range from $15B-$50B. Note that these estimates are based on the NHC's Saturday, September 9, 5:00 a.m. EDT forecast advisory for Irma. For selected islands in the Caribbean, AIR's estimated industry insured losses resulting from Hurricane Irma's wind and precipitation-induced flooding range from $5B-$15B. AIR Worldwide is a Verisk Analytics business.
UAL

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15:16 EDT United Continental adds 1,500 seats to help customers leave southern Florida - United Airlines is providing bonus miles, matching funds raised for relief, and added extra flights out of South Florida in preparation of Hurricane Irma's impact on the mainland. The airline also flew a Boeing 777 aircraft yesterday into San Juan, Puerto Rico to provide more options to customers and humanitarian resources to the region. United is partnering with leading disaster relief organizations to provide aid to those impacted by Hurricane Irma. United started its campaign to provide bonus miles to MileagePlus members who donate to the organizations. United will also match the first $100,000 raised. United has resumed service in and out of San Juan, including flying a Boeing 777 to the island to provide more options to customers and humanitarian resources to the region. That flight contained supplies including water, amenity kits and food along with volunteers. On Thursday and Friday, United added 11 total flights into the southern Florida region, totaling more than 1,500 seats to help Floridians travel out of the state. MileagePlus members who give to the American Red Cross, AmeriCares, Airlink, Humane Society International or Operation USA through United's fundraising page can receive up to 1,000 bonus miles by entering their MileagePlus number at the time of their donation. United will award bonus miles to customers on a first-come, first-served basis. The company suspended operations in South Florida Friday afternoon. Additionally, it plans to suspend operations at its other Florida airports beginning late afternoon Saturday.
INCY MRK

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15:05 EDT Incyte Epacadostat, Merck Keytruda combo underscores durability of response - Incyte Corporation (INCY) announced updated data from the ongoing Phase 1/2 ECHO-202 trial evaluating epacadostat, its selective IDO1 enzyme inhibitor, in combination with Merck's (MRK) Keytruda, or pembrolizumab, in patients with advanced melanoma. Among all patients with advanced melanoma, including treatment-naive and treatment-experienced, data showed an overall response rate of 56% in patients treated with the combination of epacadostat and Keytruda; median progression-free survival was 12.4 months, with PFS rates of 65% at six months, 52% at 12 months, and 49% at 18 months. Results were generally consistent across dosing schedules of epacadostat combined with Keytruda, including epacadostat 100 mg BID, the epacadostat dose being studied in the Phase 3 ECHO-301 trial. These results will be presented at the European Society for Medical Oncology 2017 Congress in Madrid, Spain. "The updated results of the ECHO-202 trial support earlier published findings, and continue to suggest that the novel immunotherapy combination of epacadostat plus Keytruda has the potential to offer a favorable efficacy and safety profile for the treatment of patients with advanced melanoma," said Omid Hamid, Chief of Translational Research and Immuno-Oncology and Director of Melanoma Therapeutics, The Angeles Clinic and Research Institute, Los Angeles, California. "Data have shown that combination immunotherapy can offer higher response rates and improved progression-free survival. These results show that this combination has demonstrated increased and durable response rates and improved progression-free survival, compared to what we would expect from Keytruda alone, without sacrificing safety."
LLY

Hot Stocks

14:57 EDT Eli Lilly plans to submit NDA for lasmiditan in second half of 2018 - Eli Lilly will present key primary and secondary endpoint data for lasmiditan, an investigational, oral, first-in-class molecule for the acute treatment of migraine, which demonstrated statistically significant improvements compared to placebo in the Phase 3 SPARTAN study. Detailed results will be highlighted at the 18th Congress of the International Headache Society in Vancouver. "The data presented today demonstrate lasmiditan's potential to reduce pain and provide freedom from the most bothersome symptoms associated with migraine," said Christi Shaw, president of Lilly Bio-Medicines. "These results reflect Lilly's 25-year commitment to migraine research and to bringing first-in-class advancements to patients, including the use of a new clinical endpoint evaluating a patient's self-identified most bothersome symptom." These findings are consistent with SAMURAI, the first pivotal Phase 3 study evaluating the safety and efficacy of lasmiditan for the acute treatment of migraine. The most commonly-reported adverse events after lasmiditan dosing were dizziness, paresthesia, somnolence, fatigue, nausea and lethargy. Lilly plans to submit a New Drug Application for lasmiditan to the U.S. Food and Drug Administration in the second half of 2018.
TEVA

Hot Stocks

14:53 EDT Teva fremanezumab meets primary endpoints in Halo trial - Teva Pharmaceutical has presented new data evaluating fremanezumab, an investigational treatment for the prevention of migraine, at the 18th Congress of the International Headache Society in Vancouver, Canada. Data presented across two platform presentations and five late-breaking abstracts featured detailed, positive efficacy results from pivotal Phase III HALO studies of fremanezumab in chronic and episodic migraine, as well as data from patient-reported outcomes tools in the chronic migraine trial. Across the Phase III HALO studies in chronic and episodic migraine, fremanezumab achieved statistically significant and clinically meaningful results for all 25 primary and secondary analyses in both monthly and quarterly dosing regimens. "The results we have presented at IHC are truly exciting and reflect Teva's commitment to developing and delivering medicines to meet the needs of patients around the world living with chronic diseases," said Ernesto Aycardi, Vice President and Therapeutic Area Head, R&D, Migraine and Headache at Teva. "With our full CM and EM pivotal results presented to the migraine community, we now look forward to filing a BLA in the U.S. later this year, bringing us one step closer to potentially bringing a new, preventive migraine treatment option to patients."
BHGE

Hot Stocks

14:35 EDT Baker Hughes awarded subsea contract for development of Egyptian gas field - Baker Hughes, a GE company, announced a major subsea contract from Petrobel for phase two of the "supergiant" Zohr Gas Field situated in the Mediterranean Sea, off the Egyptian coast. Baker Hughes will provide project management, engineering procurement, fabrication, construction, testing and transportation of a subsea production system, including seven manifolds, tie-in systems, long offset subsea and topside control systems, SemStar5 HIPPS Systems, workover systems and tools, and will support the installation, commissioning and start-up operations. For the first time, BHGE will also provide 10 e-EHXT trees, manufactured at its subsea center of excellence in Aberdeen, Scotland, and will provide wellheads via a separate contract awarded by Petrobel earlier this year.
AMGN AGN

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14:31 EDT Amgen, Allergan ABP 980 data adds to totality of evidence of biosimilarity - Amgen (AMGN) and Allergan (AGN) have announced data from a Phase 3 study evaluating the efficacy and safety of ABP 980, a Herceptin R trastuzumab biosimilar, compared with the originator product in patients with human epidermal growth factor receptor 2-positive, or HER2-positive, early breast cancer. Results from the neoadjuvant efficacy phase of the study, including pathologic complete response assessed both by local investigators and by independent pathology review, were presented during a poster discussion at the European Society for Medical Oncology 2017 Congress. Efficacy, safety and immunogenicity data support ABP 980 as a trastuzumab biosimilar and add to the totality of evidence currently under review by the European Medicines Agency and the U.S. Food and Drug Administration. The co-primary endpoints of the study were risk difference and risk ratio of pathologic complete response in breast tissue and axillary lymph nodes, and the prespecified equivalence margins were about 13% for RD and 0.759 to 1.318 for RR. According to local review, 48% and 40.5% of patients in the ABP 980 arm and trastuzumab arm, respectively, achieved pathologic complete response. Frequency, type and severity of adverse events were similar between ABP 980 and trastuzumab. No new safety signals compared to the known safety profile of trastuzumab were detected. Amgen and Allergan are collaborating on the development and commercialization of four oncology biosimilars. Amgen has a total of 10 biosimilars in its portfolio, one of which has been approved by the FDA and European authorities.
EFII

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14:21 EDT Electronics for Imaging completes assessments, submits Q2 form 10-Q - Electronics for Imaging has announced that it had completed its previously announced assessments related to the timing of revenue recognition and its controls and the independent review. The company also announced that it submitted its quarterly report on Form 10-Q for the period ended June 30, 2017, as well as its Form 10-K/A for the period ended December 31, 2016 and its Form 10-Q/A for the period ended March 31, 2017. Consistent with its recently announced expectations, the company did not report any material error requiring a restatement of any of its previously reported financial results for any period. Electronics for Imaging also reported material weaknesses in internal control over financial reporting and that the company's disclosure controls were not effective in prior periods. The company will host its quarterly conference call to discuss second quarter results and third quarter outlook on Monday, September 11, 2017, at 8:00 am ET.
AAPL...

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08:44 EDT Week in review: How Trump's policies moved stocks - Catch up on the top industries and stocks that were impacted, or were predicted to be impacted, by the comments, actions and policies of President Trump and his administration with this weekly recap compiled by The Fly: 1. DACA: Earlier this week, President Donald Trump ordered an end to the Deferred Action for Childhood Arrivals, commonly known as DACA, which was created by executive order by former President Obama. The program shields young undocumented immigrants from deportation and with its termination, about 800,000 young adults brought to the U.S. illegally as children will become eligible for deportation. The program is set to be phased out in 6 months, with Trump urging the Congress to pass a replacement before that time. Meanwhile, many have spoken against this decision including Microsoft's (MSFT) president Brad Smith, who issued a statement expressing disappointment with President Trump's move to rescind DACA and urging Congress to protect the "Dreamers" before engaging in tax reform legislation, according to media reports. Apple (AAPL) CEO Tim Cook also tweeted on Wednesday, "#Dreamers contribute to our companies and our communities just as much as you and I. Apple will fight for them to be treated as equals." 2. HARVEY AID, DEBT CEILING: According to several media reports on Wednesday, President Trump decided to side with Democrats on a proposal to attach emergency aid for Hurricane Harvey victims to measures to keep the government funded and suspend its borrowing limit until mid-December. Commenting on the deal, GOP leaders said it was driven by an urge to present a unified government at a time of crisis, The Washington Post wrote. On Thursday, the same publication reported that Trump and Senate Minority Leader Chuck Schumer had agreed to pursue a deal that would permanently remove Congress' requirement to repeatedly raise the debt ceiling. 3. SELF-DRIVING CAR: The Trump administration expects to introduce updated autonomous vehicle guidelines next week in response to automakers' calls to ease regulations so they can put self-driving cars on the roads, Reuters reported on Wednesday, citing sources familiar with the matter. The U.S. House of Representatives will vote on a proposal to speed deployment of self-driving cars that could assist automakers and tech companies, including General Motors (GM), Google's (GOOG, GOOGL) Waymo, Ford (F), Uber and Tesla (TSLA), in their aims to get autonomous vehicles on the market by 2020 or 2021. 4. RUSSIA-U.S. ELECTIONS: Facebook's (FB) Alex Stamos, Chief Security Officer said in a statement earlier this week: "In April, we published a white paper that outlined our understanding of organized attempts to misuse our platform. One question that has emerged is whether there's a connection between the Russian efforts and ads purchased on Facebook. These are serious claims and we've been reviewing a range of activity on our platform to help understand what happened. In reviewing the ads buys, we have found approximately $100,000 in ad spending from June of 2015 to May of 2017 - associated with roughly 3,000 ads - that was connected to about 470 inauthentic accounts and Pages in violation of our policies. Our analysis suggests these accounts and Pages were affiliated with one another and likely operated out of Russia. [...] In this latest review, we also looked for ads that might have originated in Russia [...]. This was a broad search, including, for instance, ads bought from accounts with US IP addresses but with the language set to Russian - even though they didn't necessarily violate any policy or law. In this part of our review, we found approximately $50,000 in potentially politically related ad spending on roughly 2,200 ads. We have shared our findings with US authorities investigating these issues, and we will continue to work with them as necessary." "Week in Review" is The Fly's weekly recap of its recurring series of "Trump Effect" exclusive stories.