Stockwinners Market Radar for September 15, 2017 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

18:30 EDT Amber Road CEO sells 36,609 common shares - In a regulatory filing, Amber Road CEO James W. Preuninger disclosed the sale of 36,609 common shares of the company at a price of $7.56 per share.

18:06 EDT Ocean Rig UDW says Cayman Court has sanctioned schemes of arrangement - Ocean Rig UDW announced that the Grand Court of the Cayman Islands has sanctioned the schemes of arrangements of the Company and its subsidiaries, Drill Rigs Holdings, Drillships Financing Holding, and Drillships Ocean Ventures. The terms of the restructuring have therefore been approved by the Cayman Court. The Scheme Companies have filed the sanction orders with the Registrar. Therefore, in accordance with the requirements of the Schemes, the Lodgment Date has now occurred. A hearing has been scheduled for September 20 by the U.S. Bankruptcy Court to consider the JPLs' motion for entry of an order giving full force and effect to the Schemes in the United States. The deadline for filing objections to the Enforcement Motion was September 8. No objections to the Enforcement Motion are pending. The Schemes affect only financial indebtedness. Operations will continue unaffected. Trade creditors and vendors will continue to be paid in the ordinary course of business and will not be affected by any of the Schemes. Once the Restructuring Effective Date has occurred, the Scheme Companies will be substantially deleveraged through an exchange of approximately $3.7B principal amount of debt for (i) new equity of the company, (ii) approximately $288M of cash, and (iii) $450M of new secured debt.

17:51 EDT Retractable Technologies files motions regarding Becton Dickinson judgment - Retractable Technologies (RVP) reports that on September 13, it filed a Motion to Alter or Amend the Judgment issued by the United States District Court for the Eastern District of Texas on August 17 which had ordered that RTI take nothing in its suit against Becton, Dickinson and Co. (BDX). Such Motion asked the Court to require BD to notify end users of the facts relating to syringes, as required by the original injunction in this case. RTI additionally reports that on September 14, it filed a Notice of Appeal to the United States Court of Appeals for the Fifth Circuit relating to the August 17 judgment discussed above.

17:45 EDT Harbert Discovery Fund reports 6.2% stake in Streamline Health - Harbert Discovery has had and anticipates having further conversations with members of the company's management and board of directors regarding possible ways to enhance shareholder value.

17:42 EDT Equifax CIO, chief security officer to retire following data breach - As part of the company's ongoing review of the cybersecurity incident announced September 7, 2017, Equifax made personnel changes and released additional information regarding its preliminary findings about the incident. The company announced that the Chief Information Officer and Chief Security Officer are retiring. Mark Rohrwasser has been appointed interim Chief Information Officer. Rohrwasser joined Equifax in 2016 and has led Equifax's International IT operations since that time. Russ Ayres has been appointed interim Chief Security Officer. Ayres most recently served as a Vice President in the IT organization at Equifax. He will report directly to the Chief Information Officer. The personnel changes are effective immediately.

17:39 EDT Raytheon awarded $127.1M government contract modification - Raytheon Missile Systems, Tucson, Arizona, has been awarded a $127,095,916 modification to contract W15QKN-08-C-0530 for Excalibur 155mm projectiles. Work has an estimated completion date of April 30, 2019. Fiscal 2015 and 2017 other procurement funds in the amount of $127,095,916 were obligated at the time of the award. U.S. Army Contracting Command, Picatinny Arsenal, New Jersey is the contracting activity.

17:37 EDT Georgia Power restores power to 95% of customers impacted by Hurricane Irma - Georgia Power, a subsidiary of Southern Company, has restored power to more than 95%, or more than 960,000 customers, impacted by Hurricane Irma in just four days, 48 hours ahead of schedule. More than 8,000 personnel were mobilized as part of the company's restoration effort, including all of Georgia Power's resources, as well as assistance from other Southern Company operating companies and dozens of other companies and assisting utilities. All personnel in the field are now solely focused on restoring service to approximately 40,000 customers who remain without power due to the storm. Georgia Power estimates that damage from Hurricane Irma could include nearly 1,500 broken or damaged power poles, more than 6,000 spans of wire, nearly 2,400 fallen trees and approximately 450 transformers damaged.

17:24 EDT Unico American announces settlement of litigation - Unico American announced that, on September 12, a settlement agreement was reached on judgments which were finalized in December 2015 and March 2016 on a policy liability claim covered by Crusader Insurance company, a wholly owned subsidiary of Unico. Both judgments had been appealed, and, in connection with the appeal, Crusader placed with the Los Angeles Superior Court cash deposits of $7,924,178 and $5,449,615 in December 2015 and March 2016, respectively, in lieu of appeal bonds. The settlement, amounting to $7M, is required to be paid from the funds deposited by Crusader with the Los Angeles Superior Court. The remaining funds on deposit with the Los Angeles Superior Court are to be returned to Crusader. The Company recognized $797,500 for actual and anticipated losses and loss adjustment expenses, net of reinsurance, since inception of the claim through June 30, 2017. As a result of the settlement, the company expects that it will incur approximately $1.6M in additional losses and loss adjustment expenses for the quarter ended September 30, 2017.

17:11 EDT Digiliti Money receives noncompliance notice from Nasdaq - Digiliti Money announced that on September 11, the company received a notice from the listing qualifications department of Nasdaq indicating the company's noncompliance with Nasdaq's majority independent board requirement and the continued listing standards set forth in Nasdaq's Listing Rules 5250, 5605, 5605, 5605() and 5605. This notice of noncompliance is based on the company's failure to timely file its quarterly report on Form 10-Q for the period ended June 30 and comply with Nasdaq's majority independent board requirement and the audit committee, compensation committee, and nominating committee composition requirements. Digiliti Money previously disclosed the departure of certain directors of the company's board in its current reports on Form 8-K filed with the SEC on September 1 and September 7. Digiliti Money has until September 20 to submit a plan to Nasdaq outlining the company's proposed actions to regain compliance with the continued listing standards. The company's board has determined that, while regaining compliance with some of Nasdaq's continued listing requirements can be cured promptly, other listing requirements would require significant funds and resources. The board has also determined that allowing the delisting of the company's stock from Nasdaq would actually facilitate financing, M&A, and corporate restructuring opportunities that would otherwise be more time consuming and costly to complete while on Nasdaq. If the company is delisted from Nasdaq, it intends on applying for listing on one of the OTCQB, QX or PK markets once it satisfies the appropriate financial reporting and other listing qualification requirements of such market.

17:09 EDT Marvell Technology director sells 1.375M common shares - In a regulatory filing, Marvell Technology director Sehat Sutardja disclosed the sale of 1.375M common shares of the company in two tranches. The first tranche of 1M shares was priced at $17.7349 per share, while the second tranche of 375,000 shares was priced at $18.1293 per share.

17:01 EDT Community West Bancshares CCO Price to retire in February 2018 - Community West Bancshares announced that Kristine D. Price plans to retire on February 28, 2018 as Executive Vice President and Chief Credit Officer. Price will assist in the transition to the successor Chief Credit Officer.

16:46 EDT Randolph Bancorp announces program to repurchase up to 586,854 common shares - Randolph Bancorp announced that its board of directors has adopted a share repurchase program. Under the repurchase program, the company may repurchase up to 586,854 shares of the company's common stock, or approximately 10% of the company's current outstanding shares.

16:31 EDT RXi Pharmaceuticals CBO Eliseev to leave company - RXi Pharmaceuticals announced the departure of Dr. Alexey Eliseev, Chief Business Officer of the company, effective immediately. Dr. Eliseev, former CEO of MirImmune Inc., joined RXi on January 6, 2017 as Chief Business Officer of RXi Pharmaceuticals in connection with the company's acquisition of MirImmune. MirImmune was a privately-held company developing cell-based therapeutics for cancer treatments based on a license to RXi's proprietary self-delivering RNAi technology.

16:18 EDT National Storage provides Hurricane Irma update - National Storage Affiliates provided an update on the impact from Hurricane Irma on its stores in Florida, Georgia and South Carolina. First, and most importantly, all of NSA's team members and their families impacted by Hurricane Irma are safe. NSA's portfolio in the affected region across the south includes 76 properties, encompassing approximately 4.5M rentable square feet. NSA is very fortunate to have sustained relatively minor damage across its portfolio affected by the storm, although the cleanup effort will continue over the next few weeks.

16:10 EDT Chipotle names Scott Boatwright principal operating officer - According to a regulatory filing, on September 12, 2017, the board of directors of Chipotle Mexican Grill, Inc. designated Scott Boatwright, Chief Restaurant Officer, as principal operating officer of Chipotle, effective immediately. Scott joined Chipotle as Chief Restaurant Officer in May 2017, and has assumed direct accountability for all restaurant operations.

16:06 EDT Four Corners Property Trust acquires property for $2.7M - Four Corners Property is pleased to announce the acquisition of a dual-tenant MOD Pizza and Del Taco restaurant property through a sale-leaseback with TEAM Schostak Family Restaurants for $2.7M. The property is located in Chesterfield, Michigan and is occupied under two separate triple-net leases with new 10-year terms. The site was recently constructed and both the MOD Pizza and Del Taco portions are structurally independent. TSFR operates over 110 restaurants including Applebee's, MOD Pizza and Del Taco, and has been a restaurant franchisee in Michigan for 36 years. The transaction was priced at a 7.4% going-in cash cap rate.

15:41 EDT UK raises current threat level for international terrorism to critical - Reference Link

15:14 EDT J&J's Janssen gets positive opinion from CHMP on guselkumab - Janssen-Cilag International NV announced that the Committee for Medicinal Products for Human Use, CHMP, adopted a positive opinion recommending marketing authorisation in the European Union for the use of guselkumab in the treatment of adults with moderate to severe plaque psoriasis who are candidates for systemic therapy.[ Psoriasis is a chronic, painful, disfiguring and disabling disease for which there is no cure. It is also the most common immune system related skin disorder, affecting approximately 14M people across Europe. Reference Link

14:48 EDT Group of 30 AGs request Equifax stop selling credit monitoring services - A group of 30 Attorneys General have issued a letter to King & Spalding's Phyllis Sumner, whom Equifax (EFX) tapped as their attorney, requesting that Equifax disable links to its fee-based services for users who may be impacted by the recent data breach until the sign-up period for the free service has ended. The group added that the cutoff date of November 21, 2017 for consumers to avail themselves of the free services provided appears "short-sighted" and suggested that the date be extended to at least January 31, 2018. The AGs also said that Equifax should, at minimum, be taking steps to reimburse consumers who incure fees to completely freeze their credit. "We are writing to raise our profound concerns regarding the massive data breach Equifax Inc. recently disclosed to the public. Early indications are the breach was caused by Equifax's failure to apply a necessary patch to its software. The breach has exposed the personal information of as many as half the consumers residing in the United States and its territories. Our concerns have only been heightened by Equifax's conduct since its disclosure of the breach. The webpage Equifax has dedicated to alerting the 143 million consumers potentially affected by the breach is causing a great deal of confusion and concern. Chief among the issues causing confusion and concern are the inclusion of terms of service that required consumers to waive their rights, the offer of competing fee-based and free credit monitoring services by Equifax, and the charges consumers incur for a security freeze with other credit monitoring companies like Experian, TransUnion (TRU), and Innovis." The Attorneys General involved in the letter were from Connecticut, the District of Columbia, Illinois, Pennsylvania, Alabama, Arizona, Delaware, Georgia, Hawaii, Idaho, Iowa, Kansas, Kentucky, Maine, Maryland, Michigan, Minnesota, Mississippi, Montana, Nebraska, New Jersey, New Hampshire, New Mexico, Nevada, North Dakota, Oklahoma, Ohio, Oregon, South Carolina, South Dakota, Virginia, and West Virginia. Reference Link

14:20 EDT Catastrophe modeling firm sees $32B-$50B in insured losses for Hurricane Irma - Catastrophe modeling firm AIR Worldwide estimates combined industry insured losses for Hurricane Irma for the United States and the Caribbean will range from $32B-$50B. AIR estimates industry insured losses for the United States resulting from Hurricane Irma will range from $25B-$35B. For the Caribbean, AIR estimates that industry insured losses will range from $7B-$15B. AIR Worldwide is a Verisk (VRSK) business. Publicly traded companies in the insurance space include ACE Limited (ACE), AIG (AIG), Allstate (ALL), Chubb (CB), Hartford Financial (HIG), and Travelers (TRV).

13:52 EDT Microsoft's Bing adding new 'Fact Check' label for news articles - Bing is adding a new UX element to the search results, called the "Fact Check" label, to help users find fact checking information on news, and with major stories and webpages within the Bing search results. The label may be used on both news articles and web pages that Bing has determined contain fact check information to allow users to have additional information to judge for themselves what information on the internet is trustworthy. The label may be used on a broad category of queries including news, health, science and politics. Bing may apply this label to any page that has schema.org ClaimReview markup included on the page. Reference Link

13:30 EDT Fortis provides update on recovery efforts from Hurricane Irma - Fortis provided an update today on the status of its response efforts in the Turks and Caicos Islands following the aftermath of Hurricane Irma which hit the Islands last week. FortisTCI provides electrical service to most of the country. The corporation's emergency response team was among the first to land in Providenciales on Sunday, September 10 departing Canada within 48 hours of the "All-Clear" being given by the government of Turks and Caicos. Since arriving, teams have been assigned to several regions of Turks and Caicos including North and South Caicos, Grand Turk, and Providenciales to assist FortisTCI with restoration of power. Initial efforts were focused on energizing critical infrastructure such as water treatment plants, hospitals, airports and emergency response organizations, as well as ensuring the safety of roadways and thoroughfares. Assessments conducted during the past week indicate that well over 1200 poles are destroyed. As a result, significant effort will be required to restore power. Fortis will maintain a team of approximately 60 additional employees on the ground until power is restored to all customers that can receive it. Arrangements are being made to deliver additional line trucks, poles, wire and other equipment to the country. The extra utility vehicles are being shipped via barge and should begin to arrive in the next few days. As well, approximately another 60 power line contract personnel will be on the ground soon, and will complement the Fortis team to more quickly complete restoration throughout the Islands. This will bring total additional personnel to approximately 120.

12:59 EDT Bitcoin Bulletin: Cryptocurrency slides after Dimon criticism - Catch up on the top stories and analyst calls that influenced bitcoin, and other cryptocurrencies, this week with a recap compiled by The Fly: 1. DIMON BASHES BITCOIN: During a Tuesday interview with CNBC and while speaking at a banking industry conference, JPMorgan (JPM) Chairman and CEO Jamie Dimon criticized bitcoin as a "fraud" and said he would fire any trader who was trading in the cryptocurrency. "It's against our rules and they are stupid," he said. In addition, Dimon stated, "It's worse than tulip bulbs. It won't end well. Someone is going to get killed...Currencies have legal support. It will blow up." The comments come as Wall Street players are starting to embrace cryptocurrency and JPMorgan has started a trial project using blockchain. Bitcoin fell by more than 10% following the remarks. 2. KOLANOVIC BACKS BOSS: On Wednesday, Marko Kolanovic, global head of quantitative and derivatives strategy at JPMorgan, echoed Dimon's concerns about digital currency in an asset class assessment. "Cryptocurrencies cannot be reliably valued and they have significant 'tail risk' that could come in the form of a regulatory ban," he wrote. "Moreover, the whole cryptocurrency market exhibits some parallels to fraudulent pyramid schemes." 3. CHINA'S CRYPTO CRACKDOWN: In an effort to limit financial risk, China began to crack down on cryptocurrency, ordering all exchanges to stop trading, halt new user registrations and inform users of their closure. "All trading exchanges must by midnight of September 15, publish a notice to make clear when they will stop all cryptocurrency trading and announce a stop to new user registrations," the government said in a notice. The platforms will also be required to notify the government by September 20 on how they plan to allow users to make withdrawals and handle funds to ensure investor interests are protected. 4. CHINA EXCHANGE CLOSURES: Chinese bitcoin exchange BTCChina plans to stop all trading from September 30 citing regulation from Chinese authorities, while platforms OkCoin and Houbi announced they expect to halt yuan-based trading by October 30. Smaller exchanges ViaBTC, YoBTC and Yunbi also announced closures. Bitcoin fell 18% on the BTCChina exchange following the announcement and 10% on U.S. Exchange BitStamp. Rival cryptocurrency Ether also dropped around 10%, according to Coinmarketcap. 5. CRYPTO-RELATED STOCKS: In a recent research note, Jefferies' analyst Mark Lipacis told investors that he estimates cryptocurrency revenues accounted for about 3% of quarterly sales for Advanced Micro Devices (AMD) and about 10% for Nvidia (NVDA) in the second quarter. PRICE ACTION: As of time of writing, Bitcoin is down about 17% this week, or $745, to $3,650 in U.S. dollars. However, this is well off the weekly low of about $2,985, according to data from CoinDesk. Meanwhile, AMD shares rose 2.2% this week and Nvidia has added 9.6% on a weekly basis.

12:26 EDT Delphi jumps after achieving 'major' milestone in Powertrain Systems spin-off - Earlier today, Delphi Automotive announced the pricing of a private offering of notes by its Powertrain Systems spin-off subsidiary, Delphi Jersey Holdings, marking a major milestone in the execution of its planned spin-off of its Powertrain Systems business. DPS issued $800M of senior notes bearing an interest rate of 5.00% and maturing in 2025. The offering was upsized from the previously announced $750M aggregate principal amount as a result of strong investor interest and is expected to close on September 28,. Additionally, on September 7, DPS and Delphi Powertrain Corporation, a wholly-owned U.S. subsidiary of DPS, entered into a credit agreement by and among DPS, Delphi Powertrain and JPMorgan Chase Bank. The Credit Agreement consists of a senior secured five-year $750 million term loan facility and a senior secured five-year $500M revolving credit facility. The credit facilities are expected to become available to DPS after the satisfaction of certain conditions customary for financings of this type, including the completion of the separation of DPS from Delphi by means of a spin-off and the establishment of DPS as a separate publicly traded company. Shares of Delphi are up 2.3% to $100.17 per share in midday trading. "These financings mark another important milestone in our process toward completing the spin-off of our Powertrain Systems business," said Kevin Clark, president and chief executive officer. "The strong demand for participation in the Credit Facilities and the Notes offering demonstrates the strength of the business and confidence in its ability to successfully compete as a standalone company." Upon completion of the spin-off, DPS intends to use the proceeds from the Notes, together with borrowings under the $750 million term loan, to fund operating cash, pay taxes, fees and expenses related to the spin-off, and distribute a dividend to Delphi.

12:16 EDT Raytheon to continue support for NOAA Advanced Weather Interactive Processing - Raytheon will continue its support for NOAA's Advanced Weather Interactive Processing System program that ingests and analyzes weather data, creating useful visualizations for forecasters and distributing time-sensitive weather statements such as watches and warnings across the United States. Under the $269M contract, Raytheon's Intelligence, Information and Services business will provide operations and maintenance services, hardware, software, communications, and architecture improvement services for AWIPS to the National Weather Service.

11:57 EDT Nissan, Renault, and Mitsubishi launch six year strategy Alliance 2022 - Alliance 2022, a six-year plan from member companies Nissan (NSANY), Renault (RNSDF), and Mitsubishi, announced it has set a new target to double annual synergies to EUR10B by the end of the plan. Alliance 2022 plans a major expansion in shared electric vehicle technologies, alongside the development and deployment of advanced autonomous drive systems, vehicle connectivity and new mobility services. Twelve new zero-emission electric vehicles will be launched by 2022, utilizing new common electric vehicle platforms and components for multiple segments. Over the same period, 40 vehicles will be introduced with different levels of autonomy, all the way to fully autonomous capability. Becoming an operator of robo-vehicle, ride-hailing services is a major part of the new mobility services strategy. "Today marks a new milestone for our member companies. By the end of our strategic plan Alliance 2022, we aim to double our annual synergies to EURO$10 billion. To achieve this target, on one side Renault, Nissan and Mitsubishi Motors will accelerate collaboration on common platforms, powertrains and next-generation electric, autonomous and connected technologies. From the other side, synergies will be enhanced by our growing scale. Our total annual sales are forecast to exceed 14 million units, generating revenues expected at $240 billion by the end of the plan," Carlos Ghosn, chairman and CEO of the alliance, said, "This plan will boost the growth and profitability of our member companies. We intend to deliver on growing synergies, with three autonomous companies cooperating with the efficiency of one. The alliance has grown and performed with two members since 1999. With Alliance 2022, we will prove that we will grow and perform with three companies or more."

11:36 EDT Box Office Battle: Stephen King's 'It' looking to hold top spot - Stephen King's horror novel remake "It," from Time Warner's (TWX) Warner Bros. and New Line Cinema, is expected to domestically gross over $56M in its second weekend at theaters, after an opening weekend domestic gross of $123M. Opening this weekend are action thriller "American Assassin," produced by CBS Films (CBS) and distributed by Lionsgate (LGF.A, LGF.B), and "mother!," from Viacom's (VIAB; VIA) Paramount Pictures. "American Assassin," based on the novel from Vince Flynn and starring Michael Keaton, Dylan O'Brien, and Taylor Kitsch, is expected to open in the $14M-$15M range. Darren Aronofsky directed "mother!," starring Jennifer Lawrence, Domhnall Gleeson, and Michelle Pfeiffer, is expected to open at around $12M. Open Road's romantic comedy "Home Again," starring Reese Witherspoon, is expected to earn $4M-$5M in its second weekend at theaters. Publicly traded companies in the space include 21st Century Fox (FOX, FOXA), Comcast (CMCSA, CMCSK), Disney (DIS), Sony (SNE), and Viacom (VIA, VIAB).

11:26 EDT Bon-Ton Stores to hire 10,000 associates for holiday season - The Bon-Ton Stores is seeking to hire 10,000 associates for all its store locations to service customers during the busy holiday season. The company is also hiring 500 additional associates for all of its distribution centers and its e-commerce fulfillment center.

11:11 EDT Westerly Capital Management reports 5.7% passive stake in eGain

10:55 EDT Reven Housing provides update on Hurricane Irma, 'actively assessing' impact - Reven Housing REIT said that it is actively assessing the impact of Hurricane Irma on its rental homes in Jacksonville. Chad Carpenter, Chairman & CEO, said "Our local team members are in the early phases of assessing the impact of the storm on our homes and are working diligently to make sure our homes get the attention they need so our residents return to their homes and resume their daily routines and activities." Carpenter continued: "Based on preliminary assessments, the damage sustained was largely wind related including tree damage and some roof leaks. We are confident that Reven will be able to cover its deductibles and expenses not covered by its insurance policies relating to its Jacksonville and Houston portfolios due to Hurricane Irma and Hurricane Harvey with its current cash reserves." Carpenter added: "Furthermore, we are pleased to report that our properties in Memphis, Tennessee, Atlanta, Georgia and Birmingham, Alabama were not impacted by Hurricane Irma or Hurricane Harvey."

10:48 EDT Lockheed Martin Ventures invests in Ocean Aero - Lockheed Martin Ventures (LMT) is making a strategic investment in Ocean Aero, the developer of the Submaran unmanned maritime vehicle. This is Lockheed Martin Ventures' third investment this year, and it will create opportunities for both companies to grow their maritime capabilities, with a focus on multi-domain Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance. Lockheed Martin Ventures is Ocean Aero's second significant investor, joining Teledyne Technologies (TDY), which has invested in Ocean Aero since 2014.

10:35 EDT BioTelemetry sinks after Off Wall Street initiates with Sell rating - Shares of BioTelemetry are sinking after Off Wall Street initiated the company with a Sell rating and $21 price target. The wireless medical technology company focused on delivering health information is down 10%, or $3.63, to $33.47 in morning trading. BioTelemetry's cardiac monitoring services, which made up 80% of revenue in 2016, is losing market share, but acquisitions in other segments are masking the decline, Off Wall Street contends.

10:14 EDT Bank of America reports August card write-offs 2.80% vs, 2.53% last month - Reports August 30-plus day delinquencies 1.55% vs. 1.55% last month.

10:02 EDT Fifth Third Insurance to acquire Epic Insurance Solutions - Fifth Third Insurance Agency Inc., an indirect, wholly owned subsidiary of Fifth Third Bancorp said that it has reached an agreement to acquire Epic Insurance Solutions Agency LLC. Epic Insurance Agency LLC recently reached an agreement to acquire Integrity HR, Inc. Both transactions are expected to close in fall 2017.

09:37 EDT Motif Bio: FDA grants Orphan Drug Designation to iclaprim - Motif Bio announced that the U.S. FDA has granted its investigational drug candidate, iclaprim, Orphan Drug Designation for the treatment of Staphylococcus aureus lung infections in patients with cystic fibrosis.

09:20 EDT On The Fly: Pre-market Movers - HIGHER: Opiant Pharmaceuticals (OPNT), up 3.8% after saying Narcan Nasal Spray surpassed $25M of net sales in the first half of 2017... Shire (SHPG), up 1.8% after the European Medicines Agency's Committee for Medicinal Products for Human Use recommended extensions of indications for Shire's Firazyr... LightPath (LPTH), up 17.4% after reporting quarterly results. DOWN AFTER EARNINGS: Oracle (ORCL), down 4.5%... TEN Ltd. (TNP), down 2.2%. ALSO LOWER: Nucor (NUE), down 2.7% after lowering its third quarter EPS guidance... Cummins (CMI), down 1.5% after its 1.786M share Block Trade priced at $165.45... T2 Biosystems (TTOO), down 31.1% after its 4.38M share Spot Secondary priced at $4.00.

09:10 EDT P&F Industries unit acquires assets of NUMATX, terms not disclosed - P&F Industries announced its wholly-owned subsidiary, Hy-Tech Machine, has acquired the assets of Ohio-based NUMATX, makers of the one of the world's smallest, lightest, aerospace-grade C-Squeezer and Alligator Squeezer riveters. Terms of the transaction were not disclosed.

09:05 EDT Gradifi selected by Motus for student loan repayment program - Gradifi, a wholly owned subsidiary of First Republic Bank, announced that its SLP Plan program has been selected by Motus, a Boston-based technology company and early adopter of a student loan repayment benefit for its employees. Motus, which began offering a student loan repayment benefit in 2014, is partnering with Gradifi to scale its program and ensure that company contributions to pay down an employee's student loans have the maximum impact.

09:04 EDT VTTI Energy trading halted, news dissemination

09:02 EDT Apple Hospitality REIT reports 'minor' damage following Hurricane Irma - Apple Hospitality REIT provided an update on operations at its hotels in the path of Hurricane Irma. Preliminary reports from initial property inspections have indicated some minor wind and water related damage at certain of the company's hotels in the path of Hurricane Irma; however, at this time the overall damage and impact does not appear to be material. Additionally, three of the company's hotels were closed for a short period of time during or after the storm in response to mandatory evacuation orders or power outages. All of the Company's hotels are now operational. The company remains focused on the welfare of guests and associates at its hotels and will continue to assess the overall impact of the storm as the situation evolves at each of its hotels. The company maintains comprehensive insurance coverage for property, business interruption and other risks with respect to all of its hotels, with industry standard deductibles in each of the locations.

08:59 EDT Azure Power awarded 50 MW solar project by Solar Energy Corporation of India - Azure Power announced that it has won a 50 MW solar project in an auction conducted by Solar Energy Corporation of India, a company of the Ministry of New and Renewable Energy, Government of India. This 50 MW allocation is the largest rooftop allocation by SECI to a solar power developer, approximately 14% of the total allocated capacity of 360 MW announced. Azure Roof Power will provide power for 25 years to various Government of India buildings across states and union territories of Chandigarh, Chhattisgarh, Delhi, Haryana, Kerala, Odisha, Punjab, Rajasthan, Uttar Pradesh and West Bengal. The power will be sold at a tariff range of INR 3.19 - 3.97/kWh based on location. In addition, Azure Power qualifies for a capital incentive from SECI, which is expected to result in a weighted average levelized tariff of INR 4.65/kWh.

08:52 EDT CHMP adopts extension of indication for Shire's Firazyr - The European Medicines Agency's Committee for Medicinal Products for Human Use recommended thirteen medicines for approval at its September meeting, the agency announced today. The Committee recommended extensions of indications for Shire's Firazyr. The CHMP adopted an extension to the existing indication as follows: "Firazyr is indicated for symptomatic treatment of acute attacks of hereditary angioedema (HAE) in adults, adolescents and children aged 2 years and older, (with C1-esterase-inhibitor deficiency)."

08:46 EDT Charles Schwab reports August net new assets $18B - The Charles Schwab Corporation released its Monthly Activity Report today. Company highlights for the month of August 2017 include: Net new assets brought to the company by new and existing clients in August 2017 totaled $18B. Total client assets were a record $3.12T as of month-end August, up 15% from August 2016 and up 1% compared to July 2017. Client cash as a percentage of assets was 11.4% as of month-end August, compared with 12.5% in August 2016 and 11.3% in July 2017.

08:33 EDT Obsidian Energy receives continued listing standard notification from NYSE - Obsidian Energy announces that it received notification on September 14 from the New York Stock Exchange that Obsidian Energy is no longer in compliance with one of the NYSE's continued listing standards applicable to Obsidian Energy because the average closing price of Obsidian Energy's common stock was less than $1.00 per share over a consecutive 30 trading day period. As of September 12, the average closing price of Obsidian Energy's common stock over the preceding consecutive 30 trading day period was 99c per share. The issuance by the NYSE of the notification is not discretionary and is sent automatically when a listed company's stock price falls below the NYSE's minimum price listing standard. Obsidian Energy intends to notify the NYSE within 10 business days from the date of the NYSE notification that it intends to cure this price deficiency and return to compliance with the NYSE's price listing standard prior to the expiration of the applicable cure period or by the next annual general meeting. Obsidian Energy's common stock will continue to be listed and traded on the NYSE during the applicable cure period, subject to compliance with the NYSE's other continued listing standards, under the symbol "OBE", but the NYSE will assign a ".BC" indicator to the symbol to denote that Obsidian Energy is below the NYSE's price listing standard. This indicator will be removed at such time as Obsidian Energy is deemed compliant with the NYSE's price listing standard.

08:10 EDT Activision Blizzard says Destiny hits record day-one sales for PlayStation Store - Bungie and Activision Publishing, a wholly owned subsidiary of Activision Blizzard, delivered the world-renowned, first-person action game, Destiny 2, to players across the globe on September 6 on PlayStation 4 systems with additional, timed exclusive content, and Xbox One.The original Destiny became the biggest new console video game franchise launch in history, and Destiny 2 surpassed the original's records for engagement and digital sales in launch week. This universe will welcome players in on a new platform next month for the first time on PC. Destiny 2 PC is available for pre-order now and is coming October 24 at retail and as the first non-Blizzard game to be offered digitally via Battle.net, Blizzard Entertainment's online gaming service. "With franchise pre-order records broken, and record day-one performance on PlayStation Store, it's exciting to see engagement at the highest ever week-one concurrency for the franchise. Destiny 2 is off to a strong start as the #1 console gaming launch week of the year to date," said Activision CEO Eric Hirshberg. "With the PC version yet to ship, Destiny 2 sets the stage for being one of the biggest video game entertainment events of the year." Destiny 2 is rated T for Teen by the ESRB and is available at a suggested retail price of $59.99.

08:03 EDT PHH Corp. announces final results of modified Dutch auction tender - PHH Corporation announced the final results of its modified "Dutch auction" tender offer, which expired at 12:01 a.m., New York City time, on Monday, September 11, 2017. Based on the final count by Computershare Trust Company, N.A., the depositary for the tender offer, PHH accepted for payment an aggregate of 18,762,962 shares of PHH's common stock at a purchase price of $14.25 per share, for an aggregate cost of $267,372,201, excluding fees and expenses relating to the tender offer. The shares of common stock accepted for purchase include 18,666,666 shares that the company initially offered to purchase for up to $266,000,000 and 96,296 additional shares that the company has elected to purchase for the remaining balance pursuant to its right to purchase up to an additional 2% of its outstanding shares without amending or extending the tender offer. The shares purchased represent approximately 36.6% of PHH's common stock issued and outstanding as of September 11, 2017.

08:03 EDT Cornerstone OnDemand selected by University of Georgia for learning solutions - Cornerstone OnDemand announced that the University of Georgia has selected the company's learning solutions to support its growing research enterprise. Cornerstone's learning solutions will eventually be available to more than 50,000 users, including students, faculty and administrators, to support ongoing professional development as well as enhance regulatory compliance and safety culture. The University of Georgia signed with Cornerstone in the second quarter of 2017 and is currently in implementation.

08:02 EDT White Mountains announces preliminary results of tender offer - White Mountains announced the preliminary results of its "modified Dutch auction" tender offer to purchase up to 500,000 shares. The tender offer expired at 12:00 midnight, New York City time, at the end of the day on September 14, 2017. Based on a preliminary count by the depositary for the tender offer, 719,971 shares were properly tendered and not properly withdrawn at or below the final purchase price of $875 per share, including 37,884 shares that were tendered by notice of guaranteed delivery. The tender offer was oversubscribed. Pursuant to the terms of the tender offer, the Company has elected to amend the tender offer to purchase 86,733 additional shares (within up to 2% of its outstanding shares) and as a result it will purchase 586,733 shares at the final purchase price of $875 per share on a pro rata basis, except for tenders of odd lots, which will be accepted in full, for a total cost of $513.4M, excluding fees and expenses related to the tender offer. As such, White Mountains has determined that the preliminary proration factor for the tender offer is approximately 81.5%. The shares expected to be purchased in the tender offer represent approximately 13.5% of White Mountains's shares outstanding as of August 16, 2017. The Company expects to have approximately 3,750,080 common shares outstanding as of the time immediately following payment for the accepted shares.

07:50 EDT Samsung Bioepis receives positive CHMP opinion on trastuzumab biosimilar - Samsung Bioepis (SSNLF, BIIB) announced that the European Medicines Agency's Committee for Medicinal Products for Human Use has adopted a positive opinion on ONTRUZANT, a biosimilar candidate referencing Herceptin, for the treatment of early breast cancer, metastatic breast cancer and metastatic gastric cancer. The CHMP's positive opinion will now be referred to the European Commission which will decide on the grant of a marketing authorization for ONTRUZANT. If a marketing authorization is granted by the EC, ONTRUZANT will be commercialized in the European Union by Merck (MRK). The Fly notes that Herceptin is a registered trademark of Genentech (RHHBY).

07:43 EDT Opiant Pharmaceuticals says Narcan surpassed $25M of net sales in 1H17 - Opiant Pharmaceuticals provided an update on Narcan Nasal Spray. Recent highlights of the Narcan Nasal Spray include: Surpassing $25 million of net sales for the first half of calendar 2017, triggering SWK Funding LLC's obligation to pay Opiant an additional $3.75 million; Mandatory co-prescribing of naloxone to patients receiving opioid prescriptions, who are considered at high risk of opioid overdose, in Virginia and Vermont; Recommended co-prescribing of naloxone with opioid painkillers by both the Centers for Disease Control and The Veterans Administration; In over 40 states, Narcan Nasal Spray can now be purchased from pharmacies without a prescription; Adapt has maintained the price of Narcan Nasal Spray, including a discounted public interest price of $75 per two-dose pack. Opiant is developing other products for Opioid Use Disorder, including advancing the pre-clinical development of its heroin vaccine candidate, which was licensed in October 2016 from the Walter Reed Army Institute of Research and the National Institute on Drug Abuse. Opiant continues to maintain an active presence in national organizations such as the National Institutes of Health, where Dr. Crystal was recently invited to advise on the development of medications for Opioid Use Disorder.

07:31 EDT Alliance Data reports August net charge offs 6.4% vs. 6.0% last month - Reports August delinquency rate 5.3% vs. 5.17% last month.

07:09 EDT Janssen submits sNDA to FDA for Zytiga to treat earlier stage of prostate cancer - Janssen Biotech, a Johnson & Johnson company, announced the submission of a supplemental New Drug Application, or sNDA, to the U.S. Food and Drug Administration seeking to expand the indication of Zytiga in combination with prednisone and ADT to include treatment of patients with high-risk metastatic hormone naive prostate cancer or newly diagnosed, high-risk metastatic hormone sensitive prostate cancer. In April, Janssen submitted a Type II variation application to the European Medicines Agency, seeking to expand the existing marketing authorization for Zytiga in combination with prednisone or prednisolone to include the treatment of men with mHNPC. Similar submissions have been made in Japan, Canada, Mexico, Brazil, Switzerland, Taiwan, Singapore, and the Philippines. If approved, these submissions will broaden the use of Zytiga in combination with prednisone or prednisolone to include an earlier stage of prostate cancer than its current indications.

07:09 EDT BioAxone BioSciences awarded NINDS SBIR funding to develop BA-434 - BioAxone BioSciences announced that, as part of a collaborative effort with RXi Pharmaceuticals, it is the recipient of a grant award from the National Institute of Neurological Disorders and Stroke, part of the agency's SBIR Phase II funding program. This two-year grant provides funding for further development of BioAxone's preclinical candidate BA-434, a novel sd-rxRNA compound that targets PTEN for the treatment of spinal cord injury. BioAxone has been awarded a total of $1,794,895 to fund the collaborative project over 24 months. During the first year, BioAxone will receive $735,822 with the remaining balance awarded in the second year after achieving certain milestones. For their contribution, RXi will receive approximately $129,000 in the first year with the potential to receive an additional $118,800 in the second year after achieving certain milestones. Under this grant, entitled "Development of self-delivering RNAi targeted to PTEN for treatment of spinal cord injury," BA-434 will be further developed to silence PTEN, a protein known to be an intrinsic barrier to regeneration, thereby supporting regeneration in the adult central nervous system.

07:02 EDT Command Center, Inc authorizes $5M stock repurchase program - The board of directors of Command Center, Inc has authorized a new three-year, $5M stock repurchase program, effective September 5. The program replaces the company's prior three-year, $5M repurchase program, which was put into place on April 20, 2015. Under the prior plan, approximately 6.1M shares were purchased and retired for $2.9M, or approximately 47c per share. During 4Q16, the company suspended purchases under the prior 2015 repurchase plan, and no shares have been purchased subsequent to that time. As of the effective date of the current 2017 repurchase plan, the prior 2015 plan is no longer in effect.

07:01 EDT Amicus treatment of Pompe disease granted FDA orphan status - Amicus Therapeutics' treatment of Pompe disease was granted FDA orphan designation, according to a post to the agency's website. Reference Link

06:59 EDT Teekay Tankers announces $45M share repurchase program - Teekay Tankers announced that its Board of Directors has authorized a share repurchase program for the repurchase of up to $45M of the company's Class A common shares.

06:13 EDT JPMorgan reports August net credit losses 2.41% vs. 2.36% last month - Reports August 30-plus day delinquencies 1.16% vs. 1.15% last month.

06:10 EDT Amgen: FOURIER analysis shows Repatha reduces cardiovascular events - Amgen announced that a new analysis of the cardiovascular outcomes study, or FOURIER, demonstrated that lowering low-density lipoprotein cholesterol, or LDL-C, levels with Repatha significantly and consistently reduced cardiovascular events in patients with and without diabetes at baseline. The analysis showed that diabetes was independently associated with a substantially increased risk of cardiovascular morbidity and mortality in patients with atherosclerotic cardiovascular disease. Patients with diabetes tended to have a greater absolute risk reduction of cardiovascular events with Repatha treatment because of their heightened baseline risk. Consistent with recent trials of more intensive LDL lowering, Repatha has not shown an effect on cardiovascular mortality.1-5 The analysis also showed that Repatha was not associated with an increased risk of new-onset diabetes or worsening glycemia over a median of 2.2 years of follow-up in patients without diabetes or pre-diabetes. Additionally, no new safety concerns were identified in this analysis. The results were presented today at the 53rd Annual Meeting of the European Association for the Study of Diabetes in Lisbon, Portugal and simultaneously published in The Lancet Diabetes & Endocrinology.

06:00 EDT Biohaven Pharmaceutical announces clinical trial collaboration with ADCS - Biohaven Pharmaceutical announced its clinical trial collaboration with the Alzheimer's Disease Cooperative Study, or ADCS. The ADCS is a leading Alzheimer's disease, or AD, clinical trials research consortium that receives major support from the U.S. National Institute on Aging, or NIA, a part of the US National Institutes of Health. The ADCS was developed to promote the discovery, development, and testing of new drugs for the treatment of AD. The ADCS includes a coordinating center housed at the University of California San Diego School of Medicine and a robust network of clinical research sites located at major academic medical centers and private clinics specializing in AD care and research throughout the United States and Canada. The ADCS has successfully completed the largest number of clinical trials in the AD field while also developing some of the important instruments for use within clinical trials. The ADCS has been undertaking the development efforts for this study over the last six months in partnership with Biohaven.

05:57 EDT Facebook says temporarily removing self-reported ad targeting fields - Facebook says, "Facebook equips businesses with powerful ways to reach the right people with the right message. But there are restrictions on how audience targeting can be used on Facebook. Hate speech and discriminatory advertising have no place on our platform. Our community standards strictly prohibit attacking people based on their protected characteristics, including religion, and we prohibit advertisers from discriminating against people based on religion and other attributes. As people fill in their education or employer on their profile, we have found a small percentage of people who have entered offensive responses, in violation of our policies. ProPublica surfaced that these offensive education and employer fields were showing up in our ads interface as targetable audiences for campaigns. We immediately removed them. Given that the number of people in these segments was incredibly low, an extremely small number of people were targeted in these campaigns. Keeping our community safe is critical to our mission. And to help ensure that targeting is not used for discriminatory purposes, we are removing these self-reported targeting fields until we have the right processes in place to help prevent this issue. We want Facebook to be a safe place for people and businesses, and we'll continue to do everything we can to keep hate off Facebook." Reference Link

05:36 EDT Georgia Power says power restored to 920,000 customers Thursday night - As of 9 p.m. Thursday evening, Georgia Power has restored power to 920,000 customers impacted by Hurricane Irma. More than 8,000 personnel are working around the clock as part of Georgia Power's statewide restoration effort to restore power for the approximately 75,000 customers who remain. The company is on track to restore power to 95% of all customers impacted by Hurricane Irma, who can accept power, by Saturday night - 24 hours ahead of schedule. Georgia Power is the largest electric subsidiary of Southern Company.