Stockwinners Market Radar for October 28, 2017 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

KURA

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13:53 EDT Kura Oncology KO-539 shows robuts preclinical anti-tumor activity - Kura Oncology has announced new results for KO-539, the company's potent and selective inhibitor of the menin-MLL protein-protein interaction, which is currently in preclinical development as a potential treatment for patients with genetically-defined subsets of acute leukemias. The results were featured in a late-breaking presentation at the AACR-NCI-EORTC International Conference on Molecular Targets and Cancer Therapeutics in Philadelphia. Although KO-539 was originally designed as a potential therapy for the MLL-rearranged leukemias, the new results demonstrate significant activity in preclinical models of additional genetically-defined subsets of AML, including those with oncogenic driver mutations in NPM1, IDH1, IDH2 and DNMT3A. Preliminary pharmacodynamic data suggests that KO-539 exerts anti-leukemic activity by induction of myeloid differentiation in AML blasts, a mechanism that is distinct from and potentially complementary to existing cytotoxic and antiproliferative therapies. The menin-MLL complex appears to be a central node in epigenetic dysregulation driven by several distinct oncogenic driver mutations known to be important in diverse leukemias and myeloproliferative disorders.
CELG BIIB

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13:50 EDT Celgene Ozanimod demonstrates superiority versus Biogen Avonex - Celgene (CELG) has announced detailed results from the phase III RADIANCE Part B trial evaluating the efficacy and safety of ozanimod, a novel, oral, selective sphingosine 1-phosphate 1 and 5 receptor modulator, versus a first-line treatment, Biogen's (BIIB) Avonex, in patients with relapsing multiple sclerosis. The results were presented at MSParis2017 - 7th Joint ECTRIMS - ACTRIMS Meeting. The RADIANCE Part B study evaluated two doses of oral ozanimod compared with IFN in 1,320 patients with RMS in 21 countries treated for two years. A significant reduction in annualized relapse rate was demonstrated for ozanimod 1 mg and for ozanimod 0.5 mg compared with IFN over two years of treatment. A significant reduction in new or enlarging T2 lesions was demonstrated for ozanimod 1 mg and 0.5 mg compared with IFN. A significant reduction in gadolinium-enhanced MRI lesions was also demonstrated for ozanimod 1 mg and ozanimod 0.5 mg compared with IFN. In RADIANCE Part B, a reduction in brain volume loss, a measure associated with MS disease progression, was observed for both ozanimod doses compared with IFN. Whole brain volume loss was reduced by 27% with the 1 mg dose of ozanimod and by 25% in the 0.5 mg group versus IFN at two years. In a pre-specified pooled analysis of the SUNBEAM and RADIANCE Part B studies, ozanimod did not reach statistical significance compared with IFN in the time to 3-month confirmed disability progression. A very low rate of disability progression was observed across all treatment groups. Treatment-emergent adverse events were experienced by 75% of patients on ozanimod 1 mg, 74 percent on ozanimod 0.5 mg and 83% on IFN. Most AEs were mild; the most common AEs across all treatment groups were nasopharyngitis, headache, alanine aminotransferase increased, influenza-like illness, hypertension, gamma-glutamyl transferase increased, pharyngitis and urinary tract infection. AEs of alanine aminotransferase increased were low, transient and generally resolved without study drug discontinuation. The overall safety and tolerability profile was consistent with results from the previously reported phase II RADIANCE Part A and phase III SUNBEAM studies in RMS.
ANDA

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13:39 EDT Andina Acquisition to acquire Lazydays R.V. Center - Andina Acquisition has announced that it has entered into a definitive agreement to acquire Tampa-based Lazydays R.V. Center and its affiliates from private investment funds managed by Wayzata Investment Partners and other minority shareholders. Total consideration to be paid to the Seller Group for its interests in the company will consist of $85M in cash and approximately 2.9M common shares of the combined company. In connection with the foregoing and concurrently with the merger agreement, Andina has entered into a series of definitive financing agreements with institutional investors for the sale of $88.5M of convertible preferred stock, common stock, and warrants to be consummated simultaneously with the closing. In addition, Lazydays expects to refinance its existing term debt with a new $20M facility prior to or simultaneous with closing. Upon consummation of the transaction, Lazydays' Chairman and CEO William Murnane will continue in his leadership role as Executive Chairman and CEO of the combined company. Lorne Weil, a key investor in Andina and former Chairman and CEO of Scientific Games Corp., will become Vice Chairman and join the board of directors of the combined company. The proposed transaction has been unanimously approved by the Boards of Directors of both Andina and Lazydays, and is expected to close in the first quarter of 2018, subject to approval by Andina's shareholders and other customary closing conditions. Upon consummation of the transactions, the combined company will be renamed Lazydays Holdings and will trade on NASDAQ under the new ticker "LAZY."
BVN

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13:32 EDT Buenaventura CFO Carlos Galvez retires, Leandro Garcia to succeed - Buenaventura has announced the retirement of Carlos Galvez, Vice President and CFO, after almost forty years with the company. Leandro Garcia, Buenaventura's Controller, will succeed Galvez as Vice President and CFO effective December 1, 2017, to lead Buenaventura's financial, commercial and administrative departments.
STZ...

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08:20 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. CONSTELLATION BRANDS: Responding to investors' concern over potential risk to Constellation Brands (STZ) if the U.S. withdraws from NAFTA, Morgan Stanley analyst Dara Mohsenian argued on Monday that it could actually be a positive for the company as it would likely experience an indirect benefit from a possible weakening of the Mexican peso versus the U.S. dollar. Furthermore, Mohsenian told investors that the administration and Republicans are unlikely to support placing an unpopular regressive tax in place on beer. Nonetheless, pre-NAFTA U.S. tariffs on Mexican beers were only 1.7%, which would be a manageable level, the analyst contended. 2. GOVERNMENT SERVICES: On Wednesday, Wells Fargo analyst Ed Caso upgraded CACI (CACI), Leidos (LDOS) and SAIC (SAIC) to Outperform from Market Perform while reiterating Outperform ratings on Booz Allen (BAH) and favorite idea CSRA (CSRA). The analyst cited better fundamentals and potential to be meaningful beneficiaries of a reduction in the U.S. corporate tax rate given most are now essentially marginal tax payers. 3. DRUG DISTRIBUTORS, PBMS: Shares of a number of drug distributors, including AmerisourceBergen (ABC), Cardinal Health (CAH), McKesson (MCK), and several pharmacy benefit managers, including Express Scripts (ESRX) and CVS Health (CVS), were under pressure on Thursday as President Trump held a press conference to discuss his initiative to fight the U.S. opioid epidemic, which he has now declared a national emergency. "Week in Review" is The Fly's weekly recap of its recurring series of "Trump Effect" exclusive stories.