Stockwinners Market Radar for March 11, 2018 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service |
INTC... | Hot Stocks21:06 EDT On The Fly: Top five weekend stock stories - Catch up on the weekend's top five stories with this list compiled by The Fly: 1. The Wall Street Journal reported around 5 pm ET on Friday night that Intel (INTC) has worries about competition from a combined Qualcomm (QCOM) and Broadcom (AVGO) and may consider its own bid for Broadcom. Responding to Reuters following the Journal's report, Intel said it does not comment on "rumors or speculation," adding, "We have made important acquisitions over the past 30 months - including Mobileye and Altera - and our focus is on integrating those acquisitions and making them successful for our customers and shareholders." 2. Regeneron Pharmaceuticals (REGN) and Sanofi (SNY) announced that the Odyssey Outcomes trial met its primary endpoint, showing Praluent Injection "significantly reduced" the risk of major adverse cardiovascular events in patients who had suffered a recent acute coronary syndrome event, such as a heart attack. 3. Savara (SVRA) announced the Indie study of Aironite did not meet its primary endpoint of improvement in peak exercise capacity assessed by cardiopulmonary exercise testing, or its secondary endpoints. Following the negative outcome of the Indie study, Savara does not plan to support any new development of Aironite. 4. S&P Dow Jones Indices announced adjustments to the S&P 500, moving Take-Two Interactive Software (TTWO) and SVB Financial Group (SIVB) up from the S&P MidCap 400 to take the places of Signet Jewelers (SIG) and Patterson Companies (PDCO). 5. Campbell Soup (CPB), Altria Group (MO) and Molson Coors (TAP) were three consumer-staples names recommended as investments by Jack Hough of Barron's.
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IMMP MRK | Hot Stocks19:47 EDT Immutep enters clinical trial collaboration, supply agreement with Merck - Immutep Limited announced that it has entered into a clinical trial collaboration and supply agreement with Merck (MRK) to evaluate the combination of Immutep's lead immunotherapy product candidate eftilagimod alpha with Merck's anti-PD-1 therapy Keytruda in a new clinical trial that will evaluate the combination in several different solid tumours. The planned Phase II clinical trial, referred to as TACTI-002, will evaluate the safety and efficacy of this novel immunotherapy combination in patients with non-small cell lung cancer, head and neck cancer, or ovarian cancer. The TACTI-002 clinical trial will be a Phase II, Simon two-stage, non-comparative, open-label, single-arm, multicentre clinical study. Up to 120 patients across the three indications are planned to be treated in medical centres in Europe and the United States with the trial expected to commence in the second half of 2018.
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NHYDY | Hot Stocks18:40 EDT Norsk Hydro sees no indications of leaks or overflow at Alunorte - Norsk Hydro said in a press release that it has no indications of leaks or overflow from Hydro Alunorte's bauxite residue deposit areas. "In order to release excess rainwater from the factory area, Alunorte released rainwater through the Canal Velho water canal. There is no indication of negative environmental impact from the release," the company said. On February 17, during the heavy rainfall that started the day before, and periodically between February 20-25, Hydro used a canal called Canal Velho to discharge pH treated rainwater from the factory area into the Para river, it added. The water was pH treated at the inlet to the canal, before it was released and then merged with water from the water treatment plant, as well as surface water from the Albras aluminium factory. "First of all, it is important to emphasize that we have no indication of leak or overflow from our bauxite residue deposit areas. We released rainwater from the factory area. The release was done as a controlled measure which we communicated to SEMAS, the state environmental agency," says President and CEO, Svein Richard Brandtzg.
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JNJ | Hot Stocks17:05 EDT Janssen says Invokana 'significantly reduced' cardiovascular death risk in study - Johnson & Johnson's Janssen Pharmaceutical says results of a new analysis showing that Invokana "significantly reduced" the risk of cardiovascular death or hospitalization for heart failure in patients with type 2 diabetes at high CV risk. The results showed canagliflozin was associated with a reduction in risk of CV death or HHF by 22%, fatal or hospitalized heart failure by 30%, and HHF alone by 33%, the company said. The benefit of reduced risk of CV death or HHF was 39% greater in patients with a prior history of heart failure, compared to the 13% without heart failure, at baseline.
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VIA... | Hot Stocks17:05 EDT Box Office Battle: 'Black Panther' remains on top for fourth weekend - Disney (DIS) and Marvel Studios' "Black Panther" again won the weekend box office, grossing $41.1M domestically in its fourth weekend at theaters, the first film to top the box office for four weeks since Disney's "Star Wars: The Force Awakens." Additionally, Black Panther debuted this weekend in China, opening there with an estimated $66.5M, which pushed the super hero film's global box office total to $1.078B. BOX OFFICE RUNNERS-UP: "A Wrinkle in Time," a science fantasy film based on the novel written by Madeleine L'Engle, also a Disney release, opened with an estimated $33.3M. Aviron Pictures' horror film "The Strangers: Prey at Night" came in third place over the weekend with an estimated $10.2M domestic total, while 21st Century Fox's (FOX, FOXA) spy thriller film "Red Sparrow," starring Jennifer Lawrence and Joel Edgerton,came in fourth with an estimated $8.15M. Time Warner (TWX) subsidiary Warner Bros.' action comedy "Game Night" rounded out the top five, earning an estimated $7.9M. Other publicly traded companies in filmmaking include Comcast (CMCSA, CMCSK), Lionsgate (LGF.A, LGF.B), Sony (SNE), and Viacom (VIA, VIAB).
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DIS... | Hot Stocks15:39 EDT Disney's 'Black Panther' stays atop box office with $141.1M in worldwide sales - comScore (SCOR) announced the official worldwide weekend box office estimates for the weekend of March 11, as compiled by the company's theatrical measurement services. Disney's (DIS) "Black Panther" topped the weekend with $141.1M worldwide and $41.1M in the U.S. Disney's " Wrinkle In Time" came in second with $39.6M worldwide and $33.3M in the U.S. 21st Century Fox's (FOXA) "Red Sparrow" with $23.9M in worldwide sales, but fourth in the U.S. at $8.2M.
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ABT | Hot Stocks14:43 EDT Abbott announces new long-term data for HeartMate 3 heart pump - Abbott announced new clinical trial data from the Momentum 3 clinical study, what is calls the largest left ventricular assist device trial in the world to evaluate patients in need of both short-term and long-term support in a single study. The data were published online in The New England Journal of Medicine and presented during a late-breaking session at the American College of Cardiology's Scientific Session. "The long-term data for the pivotal MOMENTUM 3 trial demonstrate overall survival of 83 percent at 2-years and marked improvement in clinical outcomes for our patients suffering with advanced heart failure," said Mandeep R. Mehra, M.D., medical director of Brigham and Women's Hospital Heart and Vascular Center in Boston. "We have seen greater pump durability-mostly driven by an absence of confirmed pump thrombosis-as well as a significantly lowered stroke rate without an increase in other adverse events." The Momentum 3 study data-which will be submitted to the FDA to support consideration of a long-term indication for Abbott's HeartMate 3 LVAD-compared the HeartMate 3 LVAD to the HeartMate II LVAD in treating advanced heart failure, the company said. The long-term cohort met its primary endpoint with 77.9% event free survival, showing superiority over the HeartMate II LVAD at 56.4%. Patients with the HeartMate 3 LVAD had a survival rate of 82.8% at two years compared to 76.2% for those with the HeartMate II LVAD. Rates remained at 1.2% suspected thrombosis for the HeartMate 3 LVAD, with no reoperations, pump replacements or urgent transplants occurring at two years. Stroke rate lower by 10% for the HeartMate 3 LVAD compared to the HeartMate II LVAD at 19, Abbott added.
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SVRA | Hot Stocks13:59 EDT Savara says Phase II Indie study of Aironite did not meet endpoints - Savara announced results from the Indie study of Aironite evaluating the use of inhaled inorganic nitrite for symptom relief in patients with heart failure with preserved ejection fraction. The study did not meet its primary endpoint of improvement in peak exercise capacity assessed by cardiopulmonary exercise testing, or its secondary endpoints. "We would like to thank Dr. Borlaug, the Duke Clinical Research Institute, as well as the Heart Failure Clinical Research Network for their tireless efforts in conducting the study," said Rob Neville, chief executive officer of Savara. "These results were obviously disappointing, but we hope the study will nevertheless serve to increase the understanding of the disease mechanisms in HFpEF, and perhaps help develop other treatment concepts for this difficult clinical condition. Savara's core business focusing on the treatment of orphan lung diseases is unaffected by the results in the INDIE study, and will remain the main value driver of the company." Aironite is an investigational product that was added to Savara's pipeline as part of Savara's acquisition of Mast Therapeutics in April 2017, and the Indie study was one of two investigator sponsored Aironite studies in patients with HFpEF initiated prior to the merger. Following the negative outcome of the Indie study, Savara does not plan to support any new development of Aironite. Shares of Savara closed Friday down 28c to $10.98.
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BMY PFE | Hot Stocks12:41 EDT Bristol-Myers, Pfizer present findings from real-world data analysis - Bristol-Myers Squibb (BMY) and Pfizer (PFE) will present findings today from a real-world data analysis titled, Comparison of Effectiveness, Safety, and the Net Clinical Outcome between Different Direct Oral Anticoagulants in 162,707 Non-Valvular Atrial Fibrillation Patients Treated in US Clinical Practice. This is the largest RWD analysis reporting outcomes among different direct oral anticoagulants, including Eliquis, rivaroxaban and dabigatran, to date. In this analysis, apixaban use was associated with significantly lower rates of both stroke/systemic embolis and major bleeding when compared to rivaroxaban, the companies said. They added, "The analysis also revealed that in the dabigatran vs. rivaroxaban cohort, dabigatran was associated with a significantly lower rate of MB (HR:0.67, 95% CI: 0.60 to 0.74, p=less than0.001) and a non-significantly higher rate of S/SE (HR:1.18, 95% CI: 0.98 to 1.43, p=0.080). It is important to note that, at this time, there are no head-to-head clinical trials comparing DOACs. Anticoagulants, including Eliquis, increase the risk of bleeding and can cause serious, potentially fatal, bleeding."
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JNJ... | Hot Stocks07:42 EDT Johnson & Johnson unit says ECG monitoring patch can detect AFib earlier - Janssen Pharmaceutical of Johnson & Johnson (JNJ) says results of a new home-based clinical trial showing that a wearable continuous electrocardiogram monitoring patch can identify people with asymptomatic atrial fibrillation earlier and more efficiently than routine care. One-year findings from the investigator-initiated study, mHealth Screening To Prevent Strokes, done in collaboration with Scripps Translational Science Institute, Aetna (AET) and iRhythm Technologies (IRTC), were presented yesterday at the American College of Cardiology's Scientific Session. In the study, 1,738 patients underwent continuous ECG monitoring using a wearable patch over a four-week period, divided into two two-week intervals. For each participant enrolled, two matched patients were selected, totaling 3,476 patients in the observational control group; these patients received routine care, which included regular visits to a primary care physician to address general health issues. The primary endpoint was the time to first diagnosis of AFib. At one year, researchers found: AFib was newly diagnosed in 6.3% of patients wearing the ECG monitoring patch compared to 2.3% in the control group receiving routine care; Of the 109 patients diagnosed in the ECG monitoring patch group, 65 were found to have AFib through the ECG patch with the remainder diagnosed in the clinical setting; The majority of patients diagnosed with AFib had a burden of AFib with 4.3% having persistent AFib ; Besides AFib episodes, 70 patients in the ECG monitoring patch group were found to have potentially actionable arrhythmias; Approximately 5.4% of patients wearing the ECG monitoring patch initiated anticoagulant treatment compared to 3.4 % in the control group.
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