Stockwinners Market Radar for April 12, 2018 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

XOM

Hot Stocks

20:35 EDT Exxon Mobil resumes LNG production in Papua New Guinea - ExxonMobil said today that production of liquefied natural gas has safely resumed at the PNG LNG project in Papua New Guinea following a temporary shutdown of operations after a severe earthquake occurred in the region on Feb. 26. LNG exports are expected to resume soon. One train is currently operating at the LNG plant near Port Moresby. The plant's second train is expected to restart as production is increased over time. During the period that production was shut-in, ExxonMobil was able to complete unrelated maintenance scheduled for later in the year to allow for more efficient operations in the months ahead.
CRM

Hot Stocks

20:20 EDT Salesforce COO Keith Block sells 10K shares of common stock - In a regulatory filing, Salesforce disclosed COO Keith Block exercised 10K stock options at $119.82 per share.
CRM

Hot Stocks

20:17 EDT Salesforce COO Keith Block sells 20K shares of common stock - In a regulatory filing, Salesforce disclosed COO Keith Block sold 20K shares of common stock at average price of $89.58 per share.
CLDR

Hot Stocks

20:04 EDT Cloudera expects to become operating cash flow positive by FY20 - Comments from Cloudera's Investor Day slides earlier today. Sees total gross margin 82%-84% over long term vs. 73% in FY18. Sees Total Addressable market rising to $73B by FY21. Reference Link
AVMXY

Hot Stocks

19:48 EDT Avita Medical announces clinical study results of RECELL - AVITA Medical announced results from a clinical study highlighting the potential benefits of the RECELL Autologous Cell Harvesting Device in the treatment of deep partial-thickness facial burns. The results showed excellent cosmetic outcomes when RECELL was used on deep partial-thickness facial burns, an injury for which treatment with standard of care often results in dyspigmentation and hypertrophic scarring at the seams of skin grafts. The results were presented by Nicholas Walker, MD, Wake Forest University School of Medicine, North Carolina, at the American Burn Association 50th Annual Meeting in Chicago. RECELL is an investigational medical device in the U.S. that is designed to enable medical professionals to produce, at the point-of-care, a REGENERATIVE EPIDERMAL SUSPENSION using a small sample of the patient's own skin. The autologous suspension contains cells necessary to regenerate epidermis and provides a new way to achieve permanent closure in burns and other wounds while reducing the amount of skin harvested at the time of surgery. Reduction in donor-site skin requirements has important benefits from both clinical and health economic perspectives.
AVGO...

Hot Stocks

18:59 EDT On The Fly: After Hours Movers - HIGHER: Broadcom (AVGO) up 4.5% on stock buyback... QualComm (QCOM) up 3.2% on CNBC report of take-private interest by former chairman Jacobs... Pulse Biosciences (PLSE) up 29.2% on positive NPS study results. LOWER: Zillow Group (ZG) down 4.7% on Q1 update... Dropbox (DBX) down 2.3% on Nomura Reduce initiation... Vermillion (VRML) down 15.3% on equity offering... SeaWorld (SEAS) down 4.2% on SEC Wells Notice.
SRE CVX

Hot Stocks

18:52 EDT Sempra Energy unit to develop liquid fuels marine terminal in Baja California - Sempra Energy (SRE) announced that its Mexican subsidiary, Infraestructura Energetica Nova, plans to develop, build and operate a receipt, storage and send-out liquid fuels marine terminal at the La Jovita Energy Hub in Ensenada, Mexico. With an expected investment of approximately $130M, the new Baja Refinados liquid fuels terminal will have an initial storage capacity of 1M barrels of gasoline and diesel that will increase the fuel supply capacity and reliability in Baja California. The Marine terminal is expected to commence operations in the second half of 2020. IEnova also announced it has signed a long-term contract with Chevron (CVX) Combustibles de Mexico S. de R.L. de C.V for approximately 50% of the facility's storage and send-out capacity to supply Chevron service stations and other commercial and industrial consumers in Baja California. Chevron will have the option to acquire 20% equity ownership of the facility after commercial operations begin. IEnova will be responsible for the development of the liquid fuels terminal project, including obtaining permits, engineering, procurement, construction and financing, as well as maintenance and operations.
QCOM

Hot Stocks

18:42 EDT Qualcomm up 3.2% to $56.99 after CNBC report of potentially being taken private
CAT

Hot Stocks

18:35 EDT Caterpillar announces executive changes effective June 1st - Following the announcement that Group President Rob Charter has elected to retire, Caterpillar announced changes in responsibilities for two group presidents and the appointment of a new group president. All changes are effective June 1, 2018. Caterpillar Group President Bob De Lange, current Construction Industries group president, will oversee Customer & Dealer Support, replacing Charter. Caterpillar Group President Tom Pellette, current Energy & Transportation group president, will now lead Construction Industries, replacing De Lange. Caterpillar's board of directors has appointed Ramin Younessi a Caterpillar group president. Younessi will lead Caterpillar's Energy & Transportation group, replacing Pellette. Younessi is currently vice president of Caterpillar's Industrial Power Systems Division.
CWH

Hot Stocks

18:06 EDT Camping World to acquire Cullum & Maxey Camping Center in Tennessee - Camping World Holdings announced that an agreement has been signed to acquire Cullum & Maxey Camping Center located in Nashville, Tennessee. The acquisition of Cullum & Maxey Camping Center is in line with Camping World's future growth plans and the company expects to soon announce several additional markets of expansion throughout the country in 2018. Camping World currently operates three Tennessee locations in Chattanooga, Knoxville and Nashville, with all locations specializing in service, RV sales and retail accessories.
ETP SUN

Hot Stocks

18:03 EDT Energy Transfer Partners announces open season for diesel fuel pipeline - Energy Transfer Partners' (ETP) subsidiary will launch a binding open season to solicit shipper commitments for transportation service of diesel fuel from Hebert, TX to the Midland, TX area. Subject to the results of this Open Season and receipt of all necessary permits and approvals, the proposed pipeline is expected to have an initial capacity of 30,000 barrels/day and is anticipated to be operational in 3Q20. Potential shippers will have the opportunity to make volume commitments for firm transportation service from existing Sunoco (SUN) Pipeline L.P. assets in Hebert, TX to a newly constructed terminal in the Midland area. The Open Season will commence on April 13, ending on June 12.
FUL

Hot Stocks

17:42 EDT H.B. Fuller raises quarterly dividend from 15c to 15.5c per share - The dividend is payable on May 10, 2018, to shareholders of record at the close of business on April 26, 2018.
SEAS

Hot Stocks

17:42 EDT SeaWorld drops 3% after getting written "Wells" notice from SEC
AMPE

Hot Stocks

17:41 EDT Ampio started discussions with FDA on Ampion submission - Ampio Pharmaceuticals announces the company has begun preliminary discussions with the Food and Drug Administration on details of the Biologics License Application (submission process for Ampion, a treatment for severe osteoarthritis-of-the-knee. These discussions will be ongoing, as we will seek guidance on all facets of our filing including clinical results, labeling, Chemistry, Manufacturing, and Controls, etc. Finally, Ampio has received a notification letter from the New York Stock Exchange confirming that Ampio is now in full compliance with their listing requirements.
SEAS

Hot Stocks

17:39 EDT SeaWorld received written "Wells" notice from SEC - As previously disclosed in filings of SeaWorld Entertainment, with the U.S. Securities and Exchange Commission, SEC,the company has been cooperating with an investigation by the Commission concerning certain disclosures and public statements made by the company and certain individuals on or before August 2014 and trading in the Company's securities. On April 6, the company received a written "Wells" notice from the Commission indicating that staff of the Commission has made a preliminary determination to recommend to the Commission that a civil enforcement action or administrative proceeding be brought against the company. No individual currently employed by the company has received a Wells notice. The Wells notice issued to the company states that the proposed action against the company would allege violations of certain provisions of the U.S. federal securities laws. The Wells notice states that the Staff's recommendation may involve various civil or administrative actions or proceedings, and may seek remedies that include an injunction, a cease-and-desist order, disgorgement, pre-judgment interest and civil money penalties. The company will continue to cooperate with the Commission's inquiry and intends to respond through a Wells submission to the Staff setting forth why the Company believes no action should be commenced against it.
PRQR

Hot Stocks

17:31 EDT Aescap Medical Investments reports 5.6% passive stake in ProQR Therapeutics
SNY

Hot Stocks

17:24 EDT Sanofi to invest C$500M in Canadian vaccine facility - Sanofi is investing C$500M for the construction of a new state-of-the-art vaccine manufacturing facility at the Sanofi Pasteur Canadian headquarters in Toronto, Ontario. The investment bolsters the company's Canadian operations and its commitment to advancing public health around the world. The new facility will allow Sanofi Pasteur, the vaccines global business unit of Sanofi, to meet the growing demand of five-component acellular pertussis antigen. Upon completion in 2021, the new building will also be equipped to produce the antigens used in the diphtheria and tetanus vaccines.
URBN

Hot Stocks

17:22 EDT Urban Outfitter executive Trish Donnelly sells over 10K shares - Trish Donnelly of Urban Outfitters Group, disclosed in a filing that shs had sold 10,311 shares of Urban Outfitters stock on April 10 at an average price of $38.62 for a total value of $398,182.
PLSE

Hot Stocks

17:21 EDT Pulse Biosciences announces positive results from NPS technology study - Pulse Biosciences announced clinical efficacy results of its first multi-center study of Nano-Pulse Stimulation technology for the treatment of seborrheic keratosis lesions in humans. The findings will be featured at the 2018 American Society for Laser Medicine and Surgery Annual Conference to be held in Dallas on April 11-15, 2018. The company also will present data from the first-in-human clinical study of NPS dose-response effects. These definitive studies establish the foundation for future therapeutic applications of NPS across a range of benign and cancerous skin growths. In the clinical trial of SK elimination using the novel, non-thermal NPS technology, seborrheic keratosis lesion reduction assessments of a single, localized SK treatment showed that 82% of 174 treated lesions were rated as clear or mostly clear after 106 days in 58 adult patients. An independent, blinded photographic review of lesion images scored 71% of lesions as clear or mostly clear. Patients rated 78% of lesion outcomes as satisfied or mostly satisfied, closely mirroring investigator ratings. Thomas Rohrer, MD, a leading dermatologic and Mohs skin cancer surgeon in Boston, MA will present study results on Friday, April 13 at 4:37pm CST in a talk titled First Clinical Use of Non-Thermal Nano-Pulse Stimulation to Eliminate Seborrheic Keratosis Lesions.
SAND

Hot Stocks

17:13 EDT Sandstorm Gold provides update on Yamana - Sandstorm Gold provided recent updates from the company's royalty properties. Yamana Gold continues to discover additional resources at the producing Chapada mine in Brazil and as a result has begun examining a potential plant expansion that would increase the processing rate from 23M tonnes per annum to a rate of up to 32 Mtpa. Yamana filed an updated NI 43-101 technical report on the Chapada mine during Q1 of 2018 which outlined a life of mine plan for 29 years of copper and gold production. Yamana has also made updates to the processing plant at Chapada in order to improve recoveries. Most recently a cleaner circuit expansion was commissioned to provide flexibility in processing various ore types. The upgrade has demonstrated improvements to both gold and copper recovery at higher processing rates, and while processing lower grade ores.
ADMS

Hot Stocks

17:13 EDT Adamas Pharmaceuticals to make multiple presentations at AAN on Apr 21-27 - Adamas Pharmaceuticals announced it will make six data presentations at the 70th Annual Meeting of the American Academy of Neurology on April 21-27, 2018 in Los Angeles, California. Adamas will present one platform presentation and four poster presentations regarding GOCOVR extended release capsules, approved by the U.S. Food and Drug Administration for the treatment of dyskinesia in patients with Parkinson's disease receiving levodopa-based therapy, with or without concomitant dopaminergic medications. In addition, Adamas will present one poster on ADS-4101 modified release capsules, in development for the treatment of partial onset seizures in epilepsy.
SITE

Hot Stocks

17:10 EDT SiteOne Landscape acquires Terrazzo & Stone Supply, terms not disclosed - SiteOne(R) Landscape Supply announced today the acquisition of Terrazzo & Stone Supply. Founded in 1956, Terrazzo is a leader in the distribution of natural stone and hardscapes products with locations in Bellevue and Marysville, Washington.
AUTO

Hot Stocks

17:00 EDT AutoWeb names Jared Rowe as CEO, succeeding Jeffrey Coats effective April 12 - AutoWeb has appointed Jared Rowe as director, president and CEO, succeeding Jeffrey Coats effective April 12. Rowe brings more than two decades of key management experience across the automotive and marketing industries, holding senior positions at FordDirect, Cox Automotive, and Cerberus-backed YP Holdings. This will be Rowe's second stint with AutoWeb, as he previously served as manager of strategic business development in 1998.
GSS

Hot Stocks

16:37 EDT Golden Star Resources infers twice the amount of gold at Ghana's Wassa mine - Golden Star Resources announces that it has more than doubled its Inferred Mineral Resources estimate for its Wassa Underground Gold Mine in Ghana. The company sees 3.1M ounce - 147% - increase in Inferred Mineral Resource estimate at Wassa Underground to 5.2M ounces of gold compared to December 31, 2017 estimate. Sees 9% increase in grade of Wassa Underground's Inferred Mineral Resources from 3.3 g/t Au to 3.6 g/t Au. Updated Inferred Mineral Resource estimate includes results of 9 drill holes reported previously from Wassa Underground, one deepened hole and 2 new mother holes drilled subsequently.
RRC

Hot Stocks

16:36 EDT Range Resources COO Ray Walker to retire, effective April 13 - Range Resources announced that, effective April 13, after 42 years in the industry Ray Walker will retire from his position as Executive Vice President and COO. Dennis Degner, SVP of Operations will continue to oversee operations for both the Marcellus and North Louisiana divisions.
WDR

Hot Stocks

16:31 EDT Waddell & Reed announces portfolio management changes - Waddell & Reed Financial announced changes to responsibilities for certain portfolio management personnel, including separation of two portfolio managers. Bradley M. Klapmeyer will assume the lead portfolio management responsibilities of the large cap growth product suite, with Daniel P. Beckeri departing the company. Klapmeyer is currently the co-manager of these assets and has been an integral member of the large cap growth product team since 2011. Klapmeyer will continue to be supported by Assistant Portfolio Manager Gage T. Krieger, who has been with the firm for six years and a member of the large cap growth team since 2016.
SEMG VLO

Hot Stocks

16:23 EDT SemGroup completes sale of SemLogistics business to Valero - SemGroup (SEMG) announced that it has completed the sale of its SemLogistics business unit to Valero Logistics UK, a subsidiary of Valero (VLO). In addition to the sale price, the agreement provides for potential earnout payments to be made to SemGroup if certain revenue targets are met in the four years following close of the transaction. SemGroup intends to use proceeds from the sale toward its capital raise plan and to pre-fund capital growth projects.
APA

Hot Stocks

16:21 EDT Apache appoints Ben Rodgers as VP Treasury - Apache announced Ben C. Rodgers has been named vice president, Treasury; effective April 16. Rodgers will lead Apache's Treasury department and have global oversight over the company's capital structure analysis, financing, risk insurance, banking policy, cash and liquidity management.
ZG Z

Hot Stocks

16:20 EDT Zillow up 2.5% to $55.10 after Q1, FY18 guidance
MRCY

Hot Stocks

16:19 EDT Mercury Systems receives $5.7M follow-on order BuiltSECURE technology - Mercury Systems announced it received a $5.7M follow-on order from a leading defense prime contractor for ultra-compact, high-speed memory devices featuring BuiltSECURE technology. The devices will be integrated into the advanced electronically scanned array, or AESA, radar system of a tactical airborne platform. The order was booked in the company's Q3 and is expected to be shipped over the next several quarters. The company has successfully commercialized an entire suite of SWaP-optimized memory devices, including the defense industry's only military-grade fourth-generation double date rate memory device.
SUPV

Hot Stocks

16:19 EDT Grupo Supervielle to expand Capital Markets / Investment business - Grupo Supervielle S.A. announced that it plans to expand and enhance its capital markets and investment banking business. Roberto Garcia Guevara, who recently joined the Ccmpany, will play a key role in leading and implementing the roll out of the strategy. Roberto Garcia Guevara brings broad experience and an extensive career in investment banking, research and corporate finance, having worked for the last 27 years in prestigious global and local investment banking institutions including Baring Securities, Merrill Lynch, UBS Pactual, Raymond James and AR Partners, among others.
RPT

Hot Stocks

16:19 EDT Ramco-Gershenson selects Brian Harper as next CEO - Ramco-Gershenson Properties Trust announced that its Board of Trustees has selected Brian Harper as the company's next President and CEO. Mr. Harper will succeed Dennis Gershenson, the current CEO of the company, no later than June 15,, and will also join the company's Board of Trustees on that date.
NEWR

Hot Stocks

16:18 EDT New Relic names Erica Schultz as Chief Revenue Officer - New Relic announced the promotion of two executives designed to drive the continued growth and success of the company's customers around the world. EVP of Global Sales, Erica Ruliffson Schultz, has been promoted to Chief Revenue Officer. Reporting into New Relic CEO and Founder Lew Cirne, Schultz will be responsible for driving the company's entire Go-To-Market organization, including Alliances & Channels, Marketing and Technical Sales, Services and Support, in addition to her previous responsibilities running the global sales organization. In addition, SVP of Global Technical Sales, Services and Support, Roger Scott, has been promoted to EVP, Chief Customer Officer. Reporting into Schultz, he will assume responsibility for Customer Success, Renewals and New Relic University, in addition to his existing responsibilities.
APTS

Hot Stocks

16:17 EDT Preferred Apartment investing up to $30M in Alexandria multifamily community - Preferred Apartment closed on an aggregate loan investment of up to approximately $30.1M in connection with the development of a 302-unit Class A multifamily community in Alexandria, Virginia. With this investment, te company received an option to purchase the multifamily community following stabilization at a discounted price to market.
AIG

Hot Stocks

16:16 EDT AIG names Anthony Vidovich as Chief Claims Officer - American International Group announced that Anthony Vidovich will join the company as Chief Claims Officer, General Insurance, effective May 14, 2018. In this role, Mr. Vidovich will be responsible for the strategic direction of General Insurance Claims, encompassing governance and policy, settlement authorities, claims handling and global best practices. Mr. Vidovich will report to Peter Zaffino, Chief Executive Officer, General Insurance, and will serve as a member of the General Insurance Executive Leadership Team. Mr. Vidovich is joining AIG from XL Catlin, where he served as Global Head of Claims, Insurance & Reinsurance since 2015. Previously, he was XL's General Counsel for Insurance Claims. Prior to XL, he was Associate General Counsel for Commercial Markets at The Hartford after serving as Assistant General Counsel for Reinsurance.
TWNK

Hot Stocks

16:15 EDT Hostess Brands names Andrew Callahan as new CEO - Hostess Brands announced that its board has named consumer packaged goods executive Andrew "Andy" Callahan as the Company's President and Chief Executive Officer, effective May 7, 2018. He will replace C. Dean Metropoulos, the Company's Executive Chairman, who has been serving in the expanded role of interim President and Chief Executive Officer since March 31, 2018. Mr. Metropoulos will remain Executive Chairman of the Company's Board of Directors. Today, Mr. Callahan was also appointed as a director on the company's Board of Directors. Mr. Callahan joins the Company with more than 23 years of executive leadership experience serving in key consumer packaged goods industry roles at Tyson Foods, Inc., The Hillshire Brands Company, Sara Lee Corporation and Kraft Foods, Inc.
ZG Z

Hot Stocks

16:15 EDT Zillow to expand Zillow Instant Offers to Phoenix - Zillow Group will expand Zillow Instant Offers to Phoenix this month. With this expansion, Zillow plans to participate in the marketplace, buying and selling homes with Premier Agent partners in the Phoenix and Las Vegas markets.
PEB

Hot Stocks

16:09 EDT Pebblebrook Hotel confirms inadvertent disclosure of Q1 trading update - Earlier this morning, April 12, 2018, Pebblebrook Hotel Trust inadvertently posted on the company's website an initial working draft of a document relating to the company's first quarter 2018 financial and operating results. The company quickly discovered the error and immediately removed the document from its website. However, the company is aware that during the brief period of time the document was on the website, certain automated web search processes discovered and disseminated the document. The company did not authorize the release of the document or any of the information contained therein, and no one should rely upon the information for any purpose as it was in early draft form and is subject to change. At approximately 10:50 a.m. Eastern time, the company issued a press release titled "Pebblebrook Hotel Trust Provides Update on First Quarter 2018 Outlook." The information in that later press release provided an update on the company's first quarter 2018 outlook. As the company announced earlier today, it will release its actual financial and operating results for the quarter ended March 31, 2018 on Thursday, April 26, 2018 after the market closes and will conduct its quarterly conference call on Friday, April 27, 2018, at 10:00 a.m. Eastern time.
AVGO

Hot Stocks

16:09 EDT Broadcom jumps 4% after announcing $12B share repurchase authorization
LC

Hot Stocks

16:08 EDT LendingClub appoints Bahman Koohestani as Chief Technology Officer - LendingClub has selected Bahman Koohestani to serve as the company's new Chief Technology Officer. Koohestani joins LendingClub from insights and analytics company Clarivate Analytics, where he served as Chief Technology Officer, leading technology innovation and delivery for over three years. Prior to Clarivate Analytics, Bahman was Executive Vice President and Chief Technology Officer of shopping site NexTag. He also served as Global Vice President at PayPal, leading global consumer and merchant product development.
QGEN

Hot Stocks

16:06 EDT Qiagen launches AdnaTest liquid biopsy kits in prostate and lung cancer - QIAGEN N.V. launched two novel liquid biopsy panels to evaluate circulating tumor cells in the growing field of research into molecular mechanisms in prostate and lung cancers. The AdnaTest ProstateCancerPanel AR-V7 Kit and AdnaTest LungCancer Kit will be introduced at the American Association for Cancer Research 2018 Annual Meeting from April 14-18 in Chicago. Also at the AACR conference, more than 40 scientific abstracts are highlighting studies relying on applications of a broad range of QIAGEN's Sample to Insight solutions - differentiated sample technologies, tools for analysis on platforms for next-generation sequencing and polymerase chain reaction, and bioinformatics solutions to deliver actionable insights from molecular testing.
AVGO

Hot Stocks

16:05 EDT Broadcom announces $12B share repurchase authorization - Broadcom announced its board has authorized the repurchase by the company of up to $12B of its common stock. The authorization is effective immediately until November 3, 2019, the end of Broadcom's FY19. Share repurchases may be made through a variety of methods, including open market or privately negotiated transactions. The timing and number of shares repurchased will depend on a variety of factors, including price, general business and market conditions, and alternative investment opportunities. Broadcom's capital return program does not obligate it to repurchase any specific number of shares or continue a dividend for any fixed period, and may be suspended or discontinued at any time.
GLPG

Hot Stocks

16:04 EDT Galapagos NV announces ISABELA Phase 3 program in IPF - Galapagos NV announces the design of a worldwide Phase 3 program, based on feedback from the FDA and EMA, to evaluate GLPG1690 in patients with idiopathic pulmonary fibrosis. The planned ISABELA Phase 3 program with GLPG1690 is intended to support both New Drug Application and Market Authorization Application submissions in respectively the USA and EU.The global Phase 3 program is expected to consist of two identically designed trials, ISABELA 1 and ISABELA 2. These will enroll patients diagnosed with IPF on top of their local standard of care, whether or not they were previously or currently are treated with Esbriet(and Ofev. Recruitment will be worldwide, with a significant proportion of patients in the USA and Europe. This Phase 3 program is expected to start dosing in the second half of 2018.
PGEM

Hot Stocks

16:02 EDT Ply Gem trading resumes
RIGL

Hot Stocks

15:59 EDT Rigel says website corrected, FDA continuing review of fostamatinib NDA - Rigel Pharmaceuticals reported that due to an error by the external host of its investor relations website, inaccurate information was displayed regarding the U.S. Food and Drug Administration's review of the New Drug Application, or NDA, for fostamatinib for the treatment of adult patients with chronic immune thrombocytopenia. "The website has been corrected. The FDA is continuing its review of the NDA and the Prescription Drug User Fee Act action date is April 17, 2018," the company stated.
SPRO AGN

Hot Stocks

15:34 EDT Spero Therapeutics surges over 10% after hiring ex Allergan VP Critchley - Earlier today, Spero (SPRO) Therapeutic sannounced the appointment of Ian A. Critchley, Ph.D. as Head of Clinical Microbiology to lead Spero's pre-clinical and clinical microbiology efforts. Dr. Critchley brings over 30 years of experience in anti-infective drug discovery and development to Spero."I am pleased that Ian is joining Spero to provide leadership and expertise on microbiology for the Company," said Ankit Mahadevia, M.D., Chief Executive Officer of Spero Therapeutics. "Ian's hiring is part of our strategic plan to build the organization needed to support SPR994 in our planned Phase 3 pivotal trial and beyond, as well as to run a robust clinical portfolio. He will play an integral part in helping us achieve our mission of bringing novel therapies to market that address the growing threat of multidrug-resistant bacteria."Prior to joining Spero Therapeutics, Dr. Critchley served as Vice President of Clinical Microbiology at Allergan (AGN )since 2015, where he managed pre-clinical and clinical microbiology studies on anti-infective compounds including Teflaro(R), Avycaz, and Dalvance. Prior to Allergan, Dr. Critchley served six years at Cerexa., a subsidiary of Forest Laboratories,, as the Vice President of Clinical Microbiology overseeing microbiology studies for its anti-bacterial programs. Prior to Cerexa, Inc., Dr. Critchley served as the Executive Director of Microbiology at Replidyne, Inc. for six years and held earlier positions at Focus Technologies, Inc. and SmithKline Beecham plc. He received his Ph.D. in Microbiology from the University of Glasgow in Scotland. Shares are up over 10% in late-afternoon trading to $16.54.
RIGL

Hot Stocks

15:05 EDT Rigel Pharmaceuticals corporate IR page updated after Tavalisse mix-up - Rigel Pharmaceuticals shares rose sharply earlier this afternoon as investors noticed the company's Investors webpage stated that Tavalisse had been approved for the treatment of adult patients with chronic immune thrombocytopenia who have had an insufficient response to a previous treatment. Rigel subsequently told Bloomberg that the approval posted on its Investors webpage had been made in error. Since issuing that statement to Bloomberg, the page has been updated. It now reads: "Rigel's current clinical programs include clinical trials of fostamatinib, an oral spleen tyrosine kinase inhibitor, in a number of indications. The company has submitted an NDA to the FDA for fostamatinib in patients with chronic or persistent ITP." Rigel shares remain up 72c, or 21.5%, at $4.07 near 3 pm ET. Reference Link
VRX

Hot Stocks

14:54 EDT Valeant says Arbitral Tribunal issues favorable decision on Uceris - Valeant Pharmaceuticals announced that the Arbitral Tribunal issued a decision, rendered on April 9, relating to the arbitration between Santarus and Valeant and Cosmo Technologies, the licensor of certain intellectual property rights in, and supplier of, Valeant's Uceris extended release tablets. The arbitration focused on Cosmo's allegations that Valeant had breached the License Agreement and Manufacturing and Supply Agreement between the parties and Cosmo's claim that it had validly terminated the Agreements. Valeant denied each of Cosmo's allegations and claims. On April 12, the Tribunal issued a ruling rejecting Cosmo's claims in their entirety; accordingly, both the License Agreement and the Manufacturing and Supply Agreement remain in effect. Additionally, the Arbitral Tribunal ordered Cosmo to pay the entirety of Valeant's legal costs, or $3,063,960. Valeant said it "will continue to vigorously defend itself against these and other claims and allegations."
TSLA

Hot Stocks

14:40 EDT NTSB confirms revoking Tesla's status as party to investigation - The National Transportation Safety Board announced the removal of Tesla as a party to the NTSB's investigation of the March 23 fatal crash of a 2017 Tesla Model X near Mountain View, California. "The NTSB took this action because Tesla violated the party agreement by releasing investigative information before it was vetted and confirmed by the NTSB. Such releases of incomplete information often lead to speculation and incorrect assumptions about the probable cause of a crash, which does a disservice to the investigative process and the traveling public," the board stated. NTSB Chairman Robert Sumwalt added: "We decided to revoke Tesla's party status and informed Mr. Musk in a phone call last evening and via letter today. While we understand the demand for information that parties face during an NTSB investigation, uncoordinated releases of incomplete information do not further transportation safety or serve the public interest."
RIGL

Hot Stocks

14:34 EDT Rigel gives up gains after saying approval posted in error - Shares of Rigel Pharmaceuticals gave back a large part of today's gains after the company told Bloomberg that the approval posted on its Investors webpage was done in error. The company has not received notice from the FDA on the approval of Tavalisse, it said to the news agnecy. The FDA action date for the drug is April 17. Rigel shares, which jumped as high as 40% on the day, are now only up 10% to $3.71.
MGM...

Hot Stocks

14:29 EDT NJ reports March gaming revenue down 1.5% to $221.9M - New Jersey's Division of Gaming Enforcement reported that casino win from the industry for March was $192.9M compared to $200.1M in March 2017, reflecting a 3.6% decrease. Internet gaming win was $25.6M in March, compared to $21.7M in the prior period, reflecting an increase of 17.6%. The industry's total gaming win for the month was $218.5M, compared to $221.9M for March 2017, reflecting a 1.5% decrease. Publicly traded companies in the casino gaming space include Boyd Gaming (BYD), Caesars (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).
RIGL

Hot Stocks

14:16 EDT Rigel rallies as company website shows approval of Tavalisse - Rigel Pharmaceuticals is rallying as investors noticed the company's Investors webpage says Tavalisse has been approved for the treatment of adult patients with chronic immune thrombocytopenia who have had an insufficient response to a previous treatment. The FDA action date for the approval is April 17. It is not known how long the company's website has shown the approval. Rigel's Investors page states, "The company's first FDA approved product is TAVALISSE, an oral spleen tyrosine kinase inhibitor, for the treatment of adult patients with chronic immune thrombocytopenia who have had an insufficient response to a previous treatment. Rigel's current development programs include Phase 2 clinical trials of fostamatinib, in other rare and orphan autoimmune diseases that currently include autoimmune hemolytic anemia and IgA nephropathy. In addition, Rigel continues to build an extensive portfolio of products, monetizing select assets through attractive partnerships." The FDA at this time has not announced approval of Tavalisse. Shares of Rigel are up 28%, or 95c to $4.30 in afternoon trading. Reference Link
RIGL

Hot Stocks

14:13 EDT Rigel Pharmaceuticals up 30% to $4.34 - The PDUFA date for Rigel Pharmaceuticals' fostamatinib in ITP is April 17. It is unclear at time of writing if the move higher in the stock is related to any FDA action on fostamatinib approval.
VLKAY

Hot Stocks

14:04 EDT Volkswagen Group to be organized into six business areas and China region - The Board of Management and Supervisory Board of Volkswagen have resolved to extensively revise the Group's management structure, the company announced. "The introduction of the brand groups Volume, Premium and Super Premium, along with the planned preparation for capital market readiness of Truck & Bus, create the basis for a more subsidiary leadership of the Group. The Chairmen of the Board of Management responsible for the brand groups will be taking on additional Group management roles. Following this reorganization, Herbert Diess will be responsible for Group Development and Research, Rupert Stadler for Group Sales, and OliverBlume for Group Production. Additional Group functions will be allocated according to the same principle. Due to the special significance of vehicle connectivity, Vehicle IT will be led by Herbert Diess himself; Company IT will be headed by Frank Witter. Procurement and Components are to be combined into one unit going forward," the company stated.
VLKAY

Hot Stocks

14:01 EDT Volkswagen reports Muller steps down as Chairman - The Board of Management and Supervisory Board of Volkswagen "have resolved to extensively revise the Group's management structure," the company announced, adding that "in order to sustainably implement the new structure, there will be a number of changes on the Board of Management." Matthias Muller steps down as Chairman of the Board of Management by mutual agreement, effective immediately. At its meeting on Thursday, the Supervisory Board appointed Dr. Herbert Diess as his successor.Reference Link
BTC...

Hot Stocks

13:28 EDT Short squeeze sends crypto-related stocks higher - Shares of companies in the crypto-currency space are flying in afternoon trading after bitcoin jumped to a two week high. According to a Reuters report, cryptocurrencies jumped on a short squeeze as there is "no obvious news" in the space. Charles Hayter, the founder of cryptocurrency analysis website CryptoCompare, said, "People overshooting on Bitfinex so a bit of a squeeze there." Bitfinex is a full-featured spot trading platform for the major cryptocurrencies such as Bitcoin (BITCOIN) , Ethereum, EOS, Litecoin, Ripple, Bitcoin Cash, Iota, NEO and Ethereum Classic, according to a description on its website. HEDGEFUND LEGENDS IN CRYPTOS: According to reports out last week, mega-investor George Soros is planning to start trading cryptocurrencies. In a speech at the World Economic Forum in Davos in January, Soros said that despite cryptocurrency being in a "typical bubble," he believes that the structure of blockchain technology could be put to "positive use." Additionally, Michael Novogratz, the former Fortress Investment Group manager, said in a CNBC interview in October that he has "been investing in bitcoin and its underlying blockchain technology for a while and sees bitcoin's price rising to over $10,000 in the next six to 10 months." HEIGHTENED NEGATIVITY: Yesterday, a Bloomberg article highlighted the growing skepticism around cryptocurrencies. "As Bitcoin streaked toward a record high in December, a rash of firms that had little or no experience with cryptocurrencies or blockchain technology used the buzzwords as an antidote for lackluster stock returns," according to the April 11 report. Bloomberg noted that the shares of Long Blockchain (LBCC) and Longfin (LFIN), "whose shares skyrocketed last year after they rebranded as blockchain businesses," are facing exchange scrutiny. JOHN MCAFEE ENDORSEMENT: John McAfee, the legendary and enigmatic founder of cybersecurity firm McAfee Associates, who joined in the crypto gravy train with his involvement in MGT Capital (MGTI), said in an interview in 2016, "I don't know if it will be Bitcoin or multiples [of different currencies] but there will be a cryptocurrency standard for the world whether governments like it or not." Earlier this year, McAfee, a former Libertarian presidential candidate, stepped down from his leadership position at MGTI. PRICE ACTION: Shares of companies with exposure to crypto are up dramatically with Net Element (NETE) are up about 14%, while Marathon Patent Group (MARA) is up 25%. Chip giants with crypto exposure, NVIDIA (NVDA )and Advanced Micro Devices (AMD) are up 3.3% and 2.2%, respectively. OTHERS TO WATCH: Shares of other companies with crypto exposure are also up, including Riot Blockchain (RIOT), Overstock.com, (OSTK), CYREN (CYRN) and Eastman Kodak Company (KODK).
GPRO

Hot Stocks

13:27 EDT GoPro jumps on report of possible takeover bid from Xiaomi - Shares of GoPro jumped after The Information's Alfred Lee reported that Chinese electronics maker Xiaomi has weighed whether to make a takeover offer to the action camera maker. Xiaomi doesn't want to overpay, however, Lee reported, citing a person familiar with the matter. Chinese drone maker DJI was pitched by bankers on GoPro several months ago, but saw no value in the company and didn't pursue a deal, Lee added. GoPro CEO Nick Woodman said earlier this year that he would consider an acquisition proposal from a larger company. The stock in afternoon trading is up 6.3%, or 31c, to $5.18.
F

Hot Stocks

12:10 EDT Ford licenses hybrid vehicle patents from Paice, Abell Foundation - Paice has reached an agreement to license all of its hybrid vehicle technology to Ford. The resolution with Ford brings an end to years of litigation in a multitude of forums, including federal district and appellate court, the U.S. International Trade Commission, and the U.S. Patent and Trademark Office. As part of the resolution, Paice and the Abell Foundation, a Baltimore-based non-profit organization that invested in Paice, will drop its request to ban Ford from importing certain hybrid vehicles, and Ford will drop its challenges to Paice's patents. The ITC was set to issue its initial determination on Paice's requested ban in March 2018. Terms of the licensing agreement are confidential.
BBBY

Hot Stocks

11:54 EDT Raymond James throws in towel, says sell Bed Bath & Beyond after guidance - Shares of Bed Bath & Beyond (BBBY) are sliding after the company announced better than expected fourth quarter results but issued a weaker 2018 forecast. Following the news, several Wall Street analysts cut their price targets on the stock, while Raymond James analyst Beryl Bugatch downgraded Bed Bath & Beyond to Underperform, a sell-equivalent rating. RESULTS: Last night, Bed Bath & Beyond reported fourth quarter earnings per share of $1.48 and revenue of approximately $3.7B, both above consensus of $1.39 and $3.68B, respectively. However, the company also said that it sees FY18 EPS in a low-to-mid $2 range, with consensus at $2.76. Additionally, Bed Bath & Beyond outlined its "roadmap for continuing the evolution of its foundational structure" with the goals of: growing its comparable sales, which it expects to begin in fiscal 2018; moderating the declines in its operating profit and net earnings per diluted share, in fiscal 2018 and fiscal 2019; and growing its net earnings per diluted share by fiscal 2020. SELL, SAYS RAYMOND JAMES: In a post-earnings note, Raymond James' Bugatch downgraded Bed Bath & Beyond to Underperform from Market Perform. The analyst noted that the company's management announced multiple initiatives ranging from new store concepts to new organizational structures, to new investments in technology that will come at a cost, as underscored by management's view for continuing operating profit declines in FY18 and FY19. Despite the array of initiatives announced, a key issue for the analyst is that the fleet of over 1,000 legacy Bed Bath & Beyond stores continue to deliver in-store mid-single-digit comparable sales declines. Bugatch argued that it is "Beyond" him that management did not cite a remodeling of its flagship store base that he finds "increasingly unattractive" due to being dated, cluttered and crowded. Without some underlying growth in management generated earnings over the next two years, shareholder value is likely to erode further, he added. Nonetheless, Bugatch pointed out that at its current valuation, Bed Bath may attract activist interest. TARGETS CUT: Meanwhile, Morgan Stanley analyst Simeon Gutman lowered his price target for Bed Bath & Beyond to $16 from $20 as he is not convinced its revenue will respond to the company's initiatives. The analyst told investors that beyond a lift from the Babies R' Us bankruptcy, it is hard for him to see how the company can drive positive same-store sales without the aid of promotions. Gutman reiterated an Underweight rating on the shares. His peer at JPMorgan also lowered his price target for Bed Bath & Beyond to $16 from $18. Analyst Christopher Horvers noted that the company's negative comparable sales in Q4 and over the past two quarters are "particularly disappointing" as is the acceleration in gross margin declines. The analyst also kept an Underweight rating on the shares. Additionally, Wedbush analyst Seth Basham, Credit Suisse's Seth Sigman, and Loop Capital's Anthony Chukumba all lowered their price targets on the name to $18, $20 and $18, respectively, while reiterating neutral-equivalent ratings. PRICE ACTION: In late morning trading, shares of Bed Bath & Beyond dropped over 19% to $17.39.
PEB

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10:57 EDT Pebblebrook Hotel trading resumes
DAL

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10:48 EDT Delta says Brexit not yet hurting U.K. demand
PFE...

Hot Stocks

10:48 EDT Bristol-Myers slips as Citi says Pfizer not interested in acquisition - Shares of Bristol-Myers Squibb (BMY) are slipping after Citi analyst Andrew Baum said Pfizer's (PFE) CEO made it clear to him that the latter has no interest in acquiring the company in the absence of transformational data or a de-rating in the stock. PFIZER 'BACKS AWAY': After meeting with Pfizer's CEO, COO and CSO, Citi's Baum told investors that the company's chief executive made clear to him that Pfizer has no interest in Bristol-Myers in the absence of transformational data or a de-rating. Pfizer has high conviction in its current pipeline and believes that the return on investment is considerably higher than high risk transformational deals, particularly in the dynamic immuno-oncology space, the analyst pointed out. Baum also noted that he anticipates Pfizer to meaningfully increase its current share repurchase program from the current $5B-$6B per annum to offset the earnings per share dilution from higher anticipated research and development investment to monetize its current pipeline. Regarding AstraZeneca (AZN), Pfizer's CEO told the analyst that revisiting it as an M&A target was "impossible" given the political sensitivities likely compounded by Brexit. The analyst reiterated a Sell rating on Pfizer shares and said he continues to prefer shares of Bristol-Myers, Merck (MRK) and Eli Lilly (LLY). BRISTOL-MYERS TARGET LOWERED: In a separate research note, Citi's Baum lowered his price target for Bristol-Myers to $70 from $78 as Pfizer backs away from a potential takeover. The analyst's previous price target reflected a 65% probability of acquisition, most likely by Pfizer at $83, he noted. Nonetheless, Baum told investors that he views his newly-lowered target price as conservative given the absence of contribution from CHECKMATE-9LA in first line non-small cell lung cancer, which has the potential to define a new standard of care regardless of baseline PDL1 and TMB tumor status. The analyst reiterated a Buy rating on Bristol-Myers shares. PRICE ACTION: In morning trading, shares of Bristol-Myers have dropped almost 3% to $58.41, while Pfizer's stock has gained about 1.2% to $36.21.
DAL

Hot Stocks

10:45 EDT Delta says 'comfortable' with capacity for FY18
DAL

Hot Stocks

10:39 EDT Delta Air Lines says fuel is 'wild card' for 2018
SKT

Hot Stocks

10:38 EDT Tanger Factory raises annual dividend 2.2% to $1.40 per share - Tanger Factory Outlet Centers announced that its Board of Directors approved a 2.2% increase in the annual dividend on its common shares from $1.37 per share to $1.40 per share. Simultaneously, the Board of Directors declared a quarterly dividend of 35c per share for Q1 ended March 31, 2018. This cash dividend will be payable on May 15, 2018 to holders of record on April 30, 2018.
AMZN

Hot Stocks

10:24 EDT Amazon announces completion of Ring acquisition - Amazon and Ring announced that Amazon's acquisition of Ring is complete. "The two companies will work together to accelerate Ring's mission to reduce crime in neighborhoods with affordable, effective home security products and services, so more customers can see, hear, and speak to people on their property from anywhere," Amazon said. Ring, Blink, and Amazon Cloud Cam will continue operations under their respective brands.
DAL

Hot Stocks

10:14 EDT Delta sees Q2 TRASM up 3%-5%, capacity up 3%-4%
DAL

Hot Stocks

10:10 EDT Delta Air Lines: Unit revenue accelerated each month during Q1
PII

Hot Stocks

10:09 EDT Polaris names Julie Gilbert chief customer engagement and growth officer - Polaris Industries announced that it has hired Julie Gilbert as chief customer engagement and growth officer. Gilbert will dual report to chairman and CEO Scott Wine and president of motorcycles Steve Menneto. In this newly created function, Gilbert will be responsible for developing and implementing marketing solutions and growth strategies that introduce new consumers to the Powersports industry and connect with customer segments outside of the company's traditional core target market. She will also have oversight for Polaris' corporate marketing, sponsorships and communication efforts, and will help cultivate and launch programs aimed at further engaging RZR owners through the development of rider groups. Most recently, Gilbert was the founder and CEO of PreciouStatus, a mobile software platform and technology company that creates real-time connections for those in professional care facilities in education, healthcare, and the military.
DAL

Hot Stocks

10:08 EDT Delta CEO: Non-fuel cost trend trending at 'unacceptably high rates' - CEO Ed Bastian says growing top-line is a "priority," adding the carrier is also prioritizing changing its cost trajectory. He said Delta is on track to deliver the key elements of earnings improvement laid out at start of the year. Bastian said Delta's non-fuel cost trend has been trending at "unacceptably high rates," and "we need to get that back to 0%-2% this year." Comments taken from the Q1 earnings conference call. Delta is up 1.7% to $52.33 in morning trading.
SPOT

Hot Stocks

10:07 EDT Spotify acquires Loudr, terms not disclosed - Spotify is proud to announce that Loudr has joined the Spotify family. The company was founded in 2013 to build products and services that make it easy for content creators, aggregators and digital music services to identify, track and pay royalties to music publishers. The Loudr team of publishing specialists and technologists will join Spotify's New York offices. Loudr will continue to provide select services to its publishing and aggregator partners, while contributing to Spotify's continued efforts towards a more transparent and efficient music publishing industry for songwriters and rights holders. Reference Link
PEB

Hot Stocks

10:07 EDT Pebblebrook Hotel trading halted, news pending
KMB

Hot Stocks

10:04 EDT Kimberly-Clark announces strategic investment in Mobile, Alabama mill - Kimberly-Clark Corporation has approved a capacity expansion project at its Mobile, Alabama manufacturing facility that will support K-C Professional's continued bath tissue category growth in North America. With an estimated investment of more than $100M, this two-year project is expected to deliver improved capacity, greater manufacturing efficiency, and enhanced product quality.
CMTL

Hot Stocks

10:03 EDT Comtech awarded $1M contract for TWTA amplifiers - Comtech Telecommunications announced that during 3Q18, its Santa Clara, California-based subsidiary, Comtech Xicom Technology, which is part of Comtech's Commercial Solutions segment, has received a contract for more than $1M for Ka-band high-power amplifiers from a leading satellite communications direct-to-home television service provider.
JWN

Hot Stocks

10:02 EDT Nordstrom opens doors to flagship Men's store in NYC - Nordstrom opened the doors this morning to its very first flagship, full-line New York City location and first ever stand-alone men's store at 235 West 57th Street. The three-level 47,000 square foot store offers a differentiated merchandise assortment across all categories, including popular and designer brands.
CMTL

Hot Stocks

10:01 EDT Comtech awarded $4.2M follow-on contract for high power SATCOM TWTAs - Comtech Telecommunications announced that during its third quarter of fiscal 2018, its Santa Clara, California-based subsidiary, Comtech Xicom Technology, Inc., which is part of Comtech's Commercial Solutions segment, has received a follow-on contract for more than $4.2M from a U.S. military integrator for high-power satellite communication, or SATCOM, traveling wave tube amplifiers. This is the third installment of a multi-year program for these power amplifiers used in tactical transportable SATCOM terminals.
LMT

Hot Stocks

09:57 EDT Lockheed Martin in focus after Pentagon again halts F-35 deliveries - Shares of Lockheed Martin (LMT) are in focus after a report that the U.S. Department of Defense has again stopped accepting deliveries of the company's F-35 jets. PENTAGON HALTS F-35 DELIVERIES: The Pentagon has stopped accepting most deliveries of F-35 jets from Lockheed Martin due to a fight over who will cover costs for fixing a production error found last year on over 200 of the jets, Reuters reported Wednesday. "Production on the F-35 program continues and we are confident we will meet our delivery target of 91 aircraft for 2018," a Lockheed spokeswoman said. "While all work in our factories remains active, the F-35 Joint Program Office has temporarily suspended accepting aircraft until we reach an agreement on a contractual issue and we expect this to be resolved soon." The move comes after the Department of Defense stopped accepting deliveries for 30 days in 2017 after finding corrosion where the carbon fiber exterior panels were fastened to the airframe. Deliveries resumed after a fix had been developed and Lockheed achieved its target aircraft delivery numbers for 2017. Deliveries have been halted again due to an argument over who will pay for the likely complex logistical fix that may require technicians to travel widely to fix the aircraft based around the world. In addition, the weapons program experienced a slowdown of deliveries in 2016 as a fix was necessary for insulation problems in the fuel tanks and lines of the jets. WHAT'S NOTABLE: The latest annual program review published by the U.S. Department of Defense has called on Lockheed Martin to reduce the current forecast of $1.1T to maintain the F-35 jetfighter program through 2077, Bloomberg reported on April 5. The document demanded that the company "embrace much-needed supply chain management affordability initiatives" in order to decrease costs on the next-generation stealth fighter. The $1.1T estimate to sustain the U.S. fleet was compiled in 2015 by the Pentagon's independent cost assessment office but has not yet been updated. It is expected to be updated next year prior to a meeting of acquisition officials to decide whether the program should enter full-production. The report said that under current estimates, "the projected F-35 sustainment outlays are too costly" and "given planned fleet growth, future U.S. service operations and support budgets will be strained." PRICE ACTION: Lockheed Martin rose 0.8% to $342.40 in morning trading.
FOXA...

Hot Stocks

09:51 EDT 21st Century Fox says remains committed to recommended cash offer for Sky - 21st Century Fox (FOXA) notes the announcement today by The Takeover Panel regarding the requirement for The Walt Disney Company (DIS) to make a mandatory offer, at a price of GBP10.75, to the holders of ordinary shares in Sky (SKYAY) pursuant to Note 8 on Rule 9.1 of the Takeover Code as a result of Fox's stake of approximately 39% in Sky. Under the ruling, any mandatory offer by Disney would only be required after Disney's acquisition of 21CF is completed, which 21CF currently expects to occur after completion of 21CF's offer for Sky. 21CF also notes that the ruling provides that an offer would not be required if 21CF has previously acquired the entire ordinary share capital of Sky and that the offer would be at a price of GBP10.75 per Sky share, the same price as 21CF's existing offer." 21CF remains committed to its recommended cash offer for Sky announced on 15th December 2016, which is supported by revised remedies recently offered to the Competition and Markets Authority with whom 21CF has been co-operating in order to bring the UK regulatory process to a swift and satisfactory conclusion," the company stated.
CMCSA...

Hot Stocks

09:36 EDT Dine Brands selects Comcast Business Enterprise Solutions for Managed Services - Comcast Business (CMCSA, CMCSK) announced it has been selected by Dine Brands Global (DIN) to deliver a range of Managed Services, including Managed Broadband, Managed Firewall/Router, Managed Switch, Managed Wi-Fi Premium and Managed Business Continuity. These services will help improve the dining experience at more than 2,850 combined Applebee's and IHOP locations across the United States. Dine Brands is committed to technology that supports its three strategic pillars - People, Brands and Growth. The Comcast Business partnership provides a strong technology foundation and Wi-Fi infrastructure to modernize the dining experience across the brands and position the company for continued growth in the communities they serve. To ensure seamless technology across its businesss operations and in support of its franchisees' business operations, Dine Brands selected Comcast Business Enterprise Solutions for its ability to deliver high-capacity and more importantly, highly-reliable communication and Managed Services.
DIS

Hot Stocks

09:35 EDT Disney reports launch of re-imagined ESPN app, with ESPN+ DTC streaming service - The new ESPN App launches today with a completely re-imagined experience that includes the integration of ESPN+, the first-ever multi-sport, direct-to-consumer premium subscription streaming service from The Walt Disney Company's Direct-to-Consumer and International group, in partnership with ESPN. At launch, the new ESPN App will be presented by Audi and ESPN+ will be backed by American Express. "This next-generation app is ESPN's most sophisticated and elegant digital product experience, and a central piece of our next era of innovation," said James Pitaro, ESPN President and Co-Chair, Disney Media Networks. "No one is in a better position than ESPN to serve sports fans. With this launch, fans will find a re-imagined, easy to use and increasingly personalized experience that puts all of ESPN's incredible content at their fingertips like never before. With the exciting introduction of ESPN+, they'll also get more sports content than ever, with direct access to thousands of live games, incredible original programs and an unmatched on-demand library, all at a great price."
PGEM

Hot Stocks

09:28 EDT NYSE to delist Ply Gem after sale to Clayton, Dubilier & Rice - In a regulatory filing, the New York Stock Exchange notified the SEC of its intention to remove Ply Gem shares from listing at the opening of business on April 23. The NYSE noted that the merger between Ply Gem Holdings and an indirect wholly owned subsidiary of funds sponsored by Clayton, Dubilier & Rice became effective before market open on April 12. The Exchange also notified the Securities and Exchange Commission that as a result the security was suspended from trading on April 12.
VHC AAPL

Hot Stocks

09:27 EDT VirnetX awarded $502.6M verdict against Apple in patent infringement case - VirnetX (VHC) announced that a jury in the United States Court for the Eastern District of Texas, Tyler Division, in the case VirnetX et al. v. Apple (AAPL), No. 6:12-CV-00855-LED has awarded VirnetX $502.6M in a verdict against Apple for infringing four VirnetX patents, marking the fourth time a federal jury has found that Apple has infringed VirnetX's patented technology. The jury also found that Apple willfully infringed VirnetX's patents. The verdict covers issues of infringement by Apple's redesigned VOD in iOS 7 to iOS 11, the redesigned FaceTime in iOS 7 to iOS 11 and OS X 10.9 and later. "We are extremely pleased with the jury's verdict. We believe that by standing on truth and integrity the verdict is fair and appropriate," said Kendall Larsen, VirnetX CEO and President. "This is the fourth time a jury has confirmed that Apple has been using the technology developed by our inventors."
AQMS

Hot Stocks

09:23 EDT Aqua Metals appoints Frank Knuettel II as CFO - Aqua Metals announced that Frank Knuettel II has agreed to join the executive team and will become CFO. Knuettel will join the company full-time effective as of April 16, 2018 and will formally assume the CFO role immediately following the filing of the company's second quarter Form 10-Q. As CFO, Knuettel will succeed Thomas Murphy, who was named interim CFO after the departure of Mark Weinswig in March 2018. Murphy will continue as a consultant to the company on a number of matters to ensure a smooth transition. He has also been nominated by the board for election to the board at the company's 2018 Annual Meeting of Stockholders.
TYL

Hot Stocks

09:19 EDT Tyler Technologies launches Tyler EAM - Tyler Technologies announced the launch of Tyler EAM, an enterprise asset management solution specifically designed to meet the needs of public sector organizations.
NTNX

Hot Stocks

09:13 EDT Nutanix announces record federal government adoption of AHV hypervisor - Nutanix announced record adoption of its AHV hypervisor within the federal government vertical in calendar year 2017. 74% of all Nutanix Enterprise Cloud OS nodes sold to federal agencies in 2017 are leveraging AHV, compared to 30% adoption by the Nutanix worldwide customer base, based on a rolling four-quarter average. In addition to growth in AHV adoption, Nutanix's federal business experienced several milestones during the last fiscal year including 320 unique federal customers.
OMER

Hot Stocks

09:11 EDT Omeros says OMIDRIA added to Veterans Health Administration National Formulary - Omeros announced that the Veterans Administration has added OMIDRIA to the VA National Formulary. The VA National Formulary is a listing of drugs and supplies that must be available at all VA facilities for the benefit of U.S. military veterans. Omeros' commercial drug OMIDRIA is the first and only FDA-approved product to maintain pupil size by preventing intraoperative miosis and to reduce postoperative pain associated with cataract or lens replacement surgery. It is estimated that approximately 65,000 to 80,000 cataract surgery procedures will be performed in the VA system in 2018. Over 90 percent of all U.S. medical schools are affiliated with a VA facility. The VA conducts the largest education and training effort for health professionals in the nation with nearly all U.S.-trained physicians receiving some or all of their training in the VA system. The decision to add OMIDRIA to the VA formulary was made following review of the expanding set of efficacy and safety data for OMIDRIA, including publications in peer-reviewed journals documenting a number of the drug's clinical benefits such as fewer surgical complications, reduced need for iris-damaging pupil-expansion devices, less postoperative pain and better surgical outcomes.
RF

Hot Stocks

09:06 EDT Regions Financial announces agreement with Lender Price - Regions Bank has announced a new agreement with fintech mortgage and consumer digital lending technology platform provider, Lender Price. This agreement, which encompasses both a working relationship and an equity investment in the company, promises to provide additional technology and resources for Regions to deploy in its efforts to enhance Regions' digital lending. Regions, together with Lender Price, will focus on streamlining Regions' digital processes and simplifying interactions between bankers, borrowers and the bank.
RAND

Hot Stocks

09:05 EDT Rand Capital names Erland Kailbourne as chairman - Rand Capital Corporation announced that Erland "Erkie" E. Kailbourne, a director since 1999, has been named Chairman of the Board effective immediately. Robert M. Zak, director since 2005, will remain as Vice Chairman of the Board.
USG

Hot Stocks

09:04 EDT USG sends letter to stockholders for election of independent directors - USG sent a letter to stockholders urging them to vote the white proxy card for the election of USG's independent directors, in connection with the company's upcoming annual meeting of stockholders. The letter said, "Recently, Gebr. Knauf KG, a private German company which is a 10.5% stockholder in USG and a competitor in the global gypsum market, sent an open letter to all USG stockholders asking you to vote against four USG Board nominees who are up for election at the upcoming Annual Meeting of Stockholders on May 9, 2018. This is a misguided attempt to pressure the Board into accepting a proposal from Knauf to purchase USG, that we believe is substantially below our intrinsic value. The Board will not yield to this pressure and is committed to acting in the best interests of all USG stockholders even in the face of Knauf's campaign. The Board is committed to creating value for all our stockholders through the execution of our strategic plan, which we outlined at our recent Investor Day. While the Board has not made the decision to sell the Company, it remains open to the evaluation of any proposal to acquire USG, as it has done with Knauf's proposals. If Knauf, or any other viable bidder, makes a proposal that reflects the Company's intrinsic value, the Board would seek to negotiate an appropriate confidentiality arrangement to allow it to share information with the potential counterparty. The USG Board has declined to share confidential information with Knauf because, in addition to being a competitor, Knauf's acquisition proposal is not at a value that the Board believes adequately compensates all stockholders."
QBAK

Hot Stocks

09:04 EDT Qualstar's N2Power receives new purchase order for $1.1M - Qualstar Corporation announced that N2Power, Inc., a subsidiary, was recently awarded another $1.1M order from an existing prestigious gaming customer. Shipments against this order are expected to occur over the next twelve months. N2Power provides standard, semi-custom and custom power solutions for OEMs in various markets worldwide.
AIG

Hot Stocks

09:02 EDT AIG, EY announce strategic tax compliance, technology agreement - American International Group and Ernst & Young announced a new, innovative global tax compliance and technology operating agreement that involves a combination of managed tax services and the transfer of select AIG employees to EY. In this arrangement, members of AIG's global tax compliance and tax technology teams integrated into EY's tax technology and direct and indirect tax compliance practices at the U.S. federal, state, local and global levels - allowing AIG to leverage EY's managed tax services and technology backbone, while focusing the company's internal tax team on more strategic initiatives. The collaborative managed services agreement allows both organizations to more effectively and efficiently navigate changes in the tax landscape. Employees of AIG's global tax compliance and tax technology teams transitioned to EY effective March 31. The five year agreement was effective as of February 5.
CREE

Hot Stocks

09:01 EDT Cree licenses GaN power patents to Nexperia - Cree, Inc. announces that it signed a non-exclusive, worldwide, royalty-bearing patent license agreement with Nexperia BV, a Dutch company. The agreement provides Nexperia access to Cree's extensive gallium nitride power device patent portfolio, which includes over 300 issued U.S. and foreign patents that describe inventive aspects of high electron mobility transistor and GaN Schottky diode devices. The portfolio addresses novel device structures, materials and processing improvements, and packaging technology. The patent license involves no transfer of technology.
DAL...

Hot Stocks

08:59 EDT On The Fly: Pre-market Movers - HIGHER: Bellicum Pharmaceuticals (BLCM), up 20% after the FDA lifted the hold on the company's BPX-501 study... QuinStreet (QNST), up 10% after pre-announcing a preliminary Q3 revenue beat and responding to allegations made against the company by short-seller Kerrisdale Capital... Globalstar (GSAT), up 6% after Mudrick Capital Management disclosed a 5.6% activist stake and said it was willing to lend the company $150M to help address the company's capital needs. UP AFTER EARNINGS: Delta (DAL), up 2%... Rite Aid (RAD), up 2%. DOWN AFTER EARNINGS: Bed Bath & Beyond (BBBY), down 17%... Apogee Enterprises (APOG), down 7%. ALSO LOWER: PolarityTE (COOL), down 12% after filing to sell common stock... Novavax (NVAX), down 17% after the company's 30.3M share spot secondary offering priced at $1.65 per share... Ellie Mae (ELLI), down 3% after Wedbush analyst Jason Weaver downgraded the stock to Underperform from Neutral.
TEUM

Hot Stocks

08:47 EDT Pareteum awarded $1M 3-year global cloud agreement - Pareteum announced that a U.S. Wireless Internet Service Provider focused on bringing mobile and broadband services to consumers has chosen the Pareteum Global Cloud platform to manage and connect these services. The 3-year contract is for $1M. Under the terms of the contract Pareteum will be paid ongoing monthly fees for the subscribers and will also receive fees for any usage associated with the connections which could include wireless airtime.
HPQ...

Hot Stocks

08:43 EDT IDC reports worldwide traditional PC shipments flat year-over-year in Q1 - Worldwide shipments of traditional PCs totaled 60.4M units and recorded flat year-on-year growth in the first quarter of 2018, International Data Corporation reported last night. "The results exceeded the earlier forecast of a 1.5% decline and marks the third consecutive quarter where traditional PC shipment volume has hovered around flat growth year on year. Although the numbers are preliminary, the data seems to indicate a continued build up in commercial renewal activity as the main driver for the stabilizing trend," IDC stated. Business uptake of Microsoft's (MSFT) Windows 10 systems appear to be steadily ongoing, benefiting commercially-focused PC OEMs such as HP Inc. (HPQ), Dell, and Lenovo (LNVGY), IDC noted. HP maintained a comfortable lead over all others in the market with its eighth consecutive quarter of overall growth, up 4.3% year on year, and growth in all regions except Latin America. Lenovo saw a flat quarter in 1Q18, the third consecutive quarter in which the company saw year-on-year volume stabilize with flat global growth and a slower pace of decline in the U.S. Dell posted the strongest year-on-year growth out of all the major companies, growing 6.4% and buoyed by strong performances in nearly every region. Acer held onto the fourth position. Apple (AAPL) finished the quarter in the fifth position with a year-on-year decline in shipments of 4.8%. Intel (INTC) is also levered to the traditional PC market.
PGEM

Hot Stocks

08:41 EDT Ply Gem trading halted, news dissemination
LINC JCI

Hot Stocks

08:36 EDT Lincoln Educational and Johnson Controls sign workforce agreement - Lincoln Educational (LINC) has entered into an agreement with Johnson Controls (JCI) to provide expanded career opportunities for Lincoln Tech graduates and to help build the Johnson Controls workforce. Graduates of Lincoln Tech's Heating, Ventilation and Air Conditioning and Electrical and Electronic Systems Technology training programs throughout the country will have the opportunity to pursue careers with Johnson Controls, which will assist Lincoln in recruiting new students for these programs.
PX...

Hot Stocks

08:35 EDT Praxair to supply hydrogen, nitrogen to Yara-BASF joint venture - Praxair (PX) has started to supply hydrogen and nitrogen to Yara Freeport, a world-scale ammonia plant in Freeport, Texas. The plant, which is a joint venture between Yara International (YARIY) and BASF (BASFY), has a capacity of 750,000 metric tons per year. Under the long-term agreement, Praxair supplies approximately 170M standard cubic feet per day of hydrogen and 2,000 tons per day of nitrogen to the plant. Praxair invested more than $400M to add hydrogen and nitrogen production capacity and extend its Gulf Coast pipeline systems nearly 50 miles from Texas City to the Freeport area to support this project.
SPCB

Hot Stocks

08:34 EDT SuperCom secures new contract from service provider in eastern Texas - SuperCom has secured a new contract to provide its PureSecurity Electronic Monitoring suite of GPS and home detention offender tracking and monitoring solutions to an established service provider in eastern Texas. SuperCom's expansion into Texas bolsters the company's growing coverage within the southern United States. Along with its subsidiary LCA, SuperCom provides products and services directly to government agencies along with selectively partnering with private companies operating in the judicial or technical marketplace. This new customer has a long history of serving the court system as a product reseller and service provider. SuperCom has received initial orders under the agreement and expects follow-on orders to ramp up over time. The project will be billed at a per-unit daily rate and generate steady-state recurring revenues accordingly.
RPXC

Hot Stocks

08:33 EDT RPX Corp. subsidiary enters into relationship with Great American Insurance - RPX Corporation's wholly owned subsidiary RPX Insurance Services and Great American Insurance Company have entered into a limited binding authority agreement. Under the terms of the agreement, RPX Insurance Services will underwrite and issue policies on behalf of Great American E & S Insurance Company.
CPST

Hot Stocks

08:33 EDT Capstone Turbine announces new Distributor Support System - Capstone Turbine Corporation outlined a new Capstone Distributor Support System, or DSS program, that was launched effective January 1, 2018. The goal of the new program is to provide improved worldwide distributor training, sales efficiency, website development, company branding and provide funding for increased strategic marketing activities. Specifically, the DSS program will fund additional support for distributor business development activities, customer lead generation, brand awareness and precisely tailored marketing services for each major geography and market vertical. The new DSS program will be extensively sponsored by the current Capstone global distribution network through funding derived from a formula based on a distribution partner's prior calendar year of Capstone revenue. The DSS program will provide several unique and proprietary products and services to the Capstone global distribution network to help drive future revenue growth and further Capstone's global brand recognition. Under the new DSS program, Capstone distributors will no longer have to pay for regularly scheduled training courses for authorized service providers, product applications or product sales. The system will also cover all required software licenses needed to be an efficient and successful Capstone distributor. In addition, the DSS program will include the development and hosting of new distributor websites, which will be linked to Capstone's corporate website to provide a seamless customer experience. The first Capstone branded distributor website can be seen at: http://www.rsp-systems.com.
ARNA

Hot Stocks

08:33 EDT Arena Pharmaceuticals to present Phase 2 ralinepag results at ISHLT - Arena Pharmaceuticals announced that data from a post-hoc analysis of the 22-week Phase 2 clinical study for its investigative drug candidate ralinepag, a next-generation, oral, selective and potent prostacyclin receptor agonist in development for the treatment of pulmonary arterial hypertension, will be presented at the International Society for Heart and Lung Transplantation 2018 Annual Meeting on April 14. The meeting is taking place April 11-14 in Nice, France. "Patients receiving ralinepag experienced improvements in their mortality risk category using three risk scoring methodologies developed and utilized globally," said Dr. Raymond Benza. "These positive data further highlight the potential of ralinepag as an effective treatment of PAH, and I look forward to determining the impact of ralinepag on clinical outcomes in the Phase 3 clinical program." Arena previously announced topline Phase 2 results for ralinepag in PAH in which the primary efficacy analysis demonstrated a statistically significant absolute change from baseline in pulmonary vascular resistance compared to placebo. Ralinepag also demonstrated numerical improvement in 6-minute walk distance relative to placebo. Adverse events observed in the study were consistent with other prostacyclin treatments for the management of PAH.
BEN

Hot Stocks

08:32 EDT Franklin Resources announces 80M share repurchase program - Franklin Resources announced that its board has authorized the company to repurchase, from time to time, up to an additional 80M shares of its common stock in either open market or off-market transactions. The new board authorization is in addition to the existing authorization, of which approximately 15.9M shares remained available for repurchase at March 31, 2018.
CHFS

Hot Stocks

08:32 EDT CHF Solutions expands operations in Hong Kong, receives first commercial orders - CHF Solutions announced its commercial expansion into the Hong Kong market through its Asia distributor, Transmedic. Further, Transmedic has confirmed its first commercial orders for both Singapore and Hong Kong. These commercial orders were for both Aquadex FlexFlow consoles and the corresponding disposable products.
WPZ

Hot Stocks

08:19 EDT Williams Partners seeks FERC approval for Southeastern Trail expansion - Williams Partners announced that Transco has filed an application with the Federal Energy Regulatory Commission, or FERC, seeking authorization for its Southeastern Trail expansion project, which would create 296,375 dekatherms per day of additional firm transportation capacity to markets in the Mid-Atlantic and Southeastern U.S. for the 2020/2021 winter heating season. Transco, is a wholly owned subsidiary of Williams Partners, of which Williams owns approximately 74%, including the general-partner interest. Williams Partners has executed precedent agreements with utility and local distribution companies located in Virginia, North Carolina, South Carolina and Georgia for firm transportation service under the project. Once complete, the project will help meet the growing natural gas demand in the Southeast, as well as provide access to new sources of domestic natural gas supply while enhancing system reliability.
WMT

Hot Stocks

08:14 EDT Walmart plans on spending $200M in Florida over the next year - Walmart announced it expects to spend an estimated $200M over the next year in Florida through the opening and remodeling of 43 stores as well as the rollout of several in-store and online innovations designed to help customers save time and money. The spend is part of Walmart's total capital expenditures guidance of approximately $11B for FY19, which was outlined last October at the company's annual meeting for the investment community and reiterated in February. The plan is to continue improving stores and accelerating innovation during the coming year to make shopping faster and easier for customers in Florida. Walmart plans to open new stores, and a distribution center in Cocoa, in Central Florida, Jacksonville and the Miami-Fourt Lauderdale area.
WMT

Hot Stocks

08:14 EDT Walmart plans on spending $200M in Florida over the next year - Walmart announced it expects to spend an estimated $200M over the next year in Florida through the opening and remodeling of 43 stores as well as the rollout of several in-store and online innovations designed to help customers save time and money. The spend is part of Walmart's total capital expenditures guidance of approximately $11B for FY19, which was outlined last October at the company's annual meeting for the investment community and reiterated in February. The plan is to continue improving stores and accelerating innovation during the coming year to make shopping faster and easier for customers in Florida. Walmart plans to open new stores, and a distribution center in Cocoa, in Central Florida, Jacksonville and the Miami-Fourt Lauderdale area.
CLGX

Hot Stocks

08:07 EDT CoreLogic acquires a la mode technologies - CoreLogic announced the completion of the company's acquisition of a la mode technologies. a la mode provides subscription based software solutions to more than 40,000 appraiser professionals across the United States. The software solutions provided by a la mode facilitate the aggregation of data, imagery and photographs in a GSE compliant format for the completion of U.S. residential appraisals. a la mode, founded in 1985, is headquartered in Oklahoma City. The acquisition of all of the equity of a la mode is expected to be modestly accretive to CoreLogic's 2018 revenue and adjusted EBITDA, excluding certain purchase accounting adjustments and one-time integration-related costs.
AKAM

Hot Stocks

08:07 EDT Akamai establishes $50M endowment for mathematics program - Akamai established a $50M endowment in support of The Akamai Foundation, a private corporate foundation dedicated to encouraging the next generation of technology innovators by promoting the pursuit of excellence in mathematics in grades K-12. The one-time endowment will help the Akamai Foundation continue to support STEM education, with a focus on mathematics, while growing its reach globally through direct grants to locally-registered charities and global non-government organizations that emphasize assisting under-represented groups within today's technology workforce.
HSIC

Hot Stocks

08:06 EDT Henry Schein names Christopher Pendergast as Chief Technology Officer - Henry Schein announced that Christopher Pendergast has joined the company as Senior Vice President and Chief Technology Officer. His appointment was effective April 2. Pendergast succeeds James Harding, who will serve as the CEO of Henry Schein One, the newly announced joint venture with Internet Brands, which is scheduled to close during the second quarter of 2018. Immediately prior to joining Henry Schein, Pendergast was Chief Technology Officer for VSP Global, which provides products and services to eyecare professionals, employers, and members.
ONVO

Hot Stocks

08:04 EDT Organovo's bioprinted liver tissue featured in published study of NASH candidate - Organovo's 3D bioprinted human liver tissue was featured in a late-breaking poster describing the activity of Cirius Therapeutics' lead drug MSDC-0602K in a three-dimensional bioprinted human tissue model of NASH at The International Liver Congress in Paris. The research demonstrated that adding fructose and fatty acids to three-dimensional bioprinted human liver tissue produced NASH-type liver pathology, including steatosis, inflammation, ballooning and fibrosis. Addition of MSDC-0602K to the tissue showed evidence of reduced disease progression, including reductions in collagen deposition and stellate cell activation, in the liver model.
ESRX

Hot Stocks

08:04 EDT Express Scripts launches pilot program for retail pharmacy network - Express Scripts announced the launch of a new, innovative 12-month pilot for a performance-based retail pharmacy network for commercial plans designed to optimize medication therapy, improve medication adherence, and promote better outcomes. The pilot will examine the impact of rewarding pharmacies that fill prescriptions for Express Scripts members and demonstrate a positive improvement on individual members' medication adherence for conditions such as diabetes, hypertension, and asthma. The pilot program will launch in fall 2018 and focus on the unique needs of each participating client's patient population. The pilot metrics are recognized by the Pharmacy Quality Alliance and participating pharmacies will be able to track their own performance and identify gaps in care via a web portal. Leveraging actionable data and clinical experience, Express Scripts will work collaboratively with each pharmacy participating in the quality network pilot program to provide them with the necessary tools to measure and guide their performance. Retailers will compete against each other in the network pilot, thus incentivizing them to continuously improve their performance through relative assessment, rather than predefined benchmarks.
PFE

Hot Stocks

08:04 EDT Pfizer initiates Phase 1b trial for DMD therapy candidate - Pfizer has initiated a Phase 1b clinical trial for its mini-dystrophin gene therapy candidate, PF-06939926, in boys with Duchenne muscular dystrophy, or DMD. The first boy received an infusion of the mini-dystrophin gene on March 22nd. Screening and enrollment of patients is expected to continue at up to four clinical research sites in the United States. Early data from this trial are expected in the first half of 2019, once all patients have been evaluated for one full year post-treatment. The multi-center, open-label, non-randomized, ascending dose study of a single intravenous infusion of PF-06939926 will enroll approximately 12 ambulatory boys aged 5 to 12 years with DMD. In addition to evaluating safety and tolerability, the study will evaluate measurements of dystrophin expression and distribution, as well as assessments of muscle strength, quality and function.
FRC

Hot Stocks

08:04 EDT First Republic CEO named to Federal Reserve System's Federal Advisory Council - First Republic Bank announced that Jim Herbert, Chairman and CEO, has been appointed by the Federal Reserve Bank of San Francisco's board of directors to represent the District on the Federal Advisory Council. Herbert joins the Federal Reserve's Federal Advisory Council as one of its 12 members.
CBIO

Hot Stocks

08:03 EDT Catalyst Biosciences says Korean MFDS approves sixth cohort of CB 2679d trial - Catalyst Biosciences announced that the Korean Ministry of Food and Drug Safety, or MFDS, approved the addition of a sixth cohort to the Phase 1/2 trial of CB 2679d in individuals with severe hemophilia B following positive data from the multi-dose Cohort 5 that was disclosed on February 9. Cohort 6 will enroll up to five patients. Each individual will receive a single intravenous loading dose of 75 IU/kg, followed by nine daily subcutaneous doses of 150 IU/kg CB 2679d. The loading dose will be administered 30 minutes before the first subcutaneous dose. The study will be completed in South Korea in coordination with the Company's collaborator ISU Abxis.
SGEN

Hot Stocks

08:03 EDT Seattle Genetics highlights ADC technologies, immuno-oncology program at AACR - Seattle Genetics announced data highlights from nine presentations showcasing the company's proprietary antibody-drug conjugate platform technologies as well as its emerging immuno-oncology pipeline. Data include preclinical and clinical advances with ADCETRIS, ladiratuzumab vedotin, SGN-CD48A and SGN-2FF. Additionally, Seattle Genetics will present the first preclinical data describing the novel empowered antibody SEA-BCMA. These data will be presented at the American Association for Cancer Research Annual Meeting 2018. Abstracts include the following: An oral presentation and poster presentation on Sunday and Monday, April 15 and 16, 2018, respectively, will showcase preclinical data evaluating proprietary NAMPT inhibitors and auristatins as ADC payloads. The data show NAMPT inhibitors have a unique mechanism of action and encouraging therapeutic window. Preclinical data also describe the development of novel auristatin payloads with potential application across multiple tumor types. An innovative approach to masking antibodies for tumor specific activation will be featured in a poster presentation on Sunday, April 15, 2018. Preclinical data demonstrate that coiled-coil masked antibodies and ADCs show improved tolerability and equivalent antitumor activity compared to unmasked counterparts. The data suggest this technology may be applied to a range of antibodies or ADCs and could enable their development against previously inaccessible cancer targets. The novel preclinical program SEA-BCMA will be highlighted in a poster presentation on Tuesday, April 17, 2018. The cell surface protein BCMA is expressed on cells of several cancer types, including multiple myeloma and other B cell malignancies. SEA-BCMA is an antibody empowered using Seattle Genetics' proprietary Sugar Engineered Antibody technology designed to enhance antibody effector functions. The preclinical data support initiation of a phase 1 trial for multiple myeloma, which is planned for 2018. Clinical biomarker data from a phase 1 trial evaluating the novel immuno-oncology agent SGN-2FF in patients with advanced solid tumors will be shown in a poster presentation on Wednesday, April 18, 2018. The preliminary data demonstrate the biological effects of SGN-2FF and support further development of this novel immuno-oncology agent. Three poster presentations on Monday and Wednesday, April 16 and 18, 2018 will highlight preclinical data evaluating the ability of ADCETRIS, ladiratuzumab vedotin and SGN-CD48A, each of which are auristatin-based ADCs, to elicit additional mechanisms of action, including immunogenic cell death. These data support clinical evaluation in combination with checkpoint inhibitors. ADCETRIS and ladiratuzumab vedotin are being evaluated in combination with checkpoint inhibitors in multiple ongoing clinical trials.
NTWK

Hot Stocks

08:03 EDT NetSol signs multi-million dollar contract with top tier multi-finance company - NETSOL Technologies has secured an agreement with a top tier multi-finance company in Indonesia to deploy its mobile origination system. The new contract includes a product license, five-year maintenance agreement, and agreed upon rates for any additional customization of the application. The client will be leveraging NETSOL's system to originate credit applications and provide quick turnaround to customers seeking finance and leasing products, with the mobile application enabling processing of more applications in a shorter amount of time. NETSOL's digital footprint includes a complete Ascent mobility suite, which the client will deploy across their dealer and sales network.
UFI

Hot Stocks

08:02 EDT Unifi to acquire dyed yarn business, assets of National Spinning Co. - Unifi announced that its domestic operating subsidiary, Unifi Manufacturing, has entered into an agreement to acquire the dyed yarn business and assets of National Spinning Co. The acquisition is expected to enhance Unifi's position as a leading producer of dyed staple and filament yarn in the region, and will add acrylic and wool products to the company's dyed yarn portfolio. The companies expect the transaction to close in May 2018, subject to typical closing conditions. Unifi intends to transition the dyed yarn business from National Spinning's facility in Burlington, N.C., to Unifi's state-of-the-art dye house in Reidsville, N.C. Once completed, Unifi expects its Reidsville dye house to operate on a seven-day schedule, allowing the Company to deliver on quick lead times and enhance responsiveness to customer needs. To help make the acquisition as seamless as possible, key National Spinning sales, technical and operations personnel will join Unifi as employees, and the Company will also extend employment offers to other members of National Spinning's skilled workforce.
URG

Hot Stocks

07:53 EDT UR-Energy reports Q1 uranium production and sales - UR-Energy provided Q1 operational results. In the Lost Creek plant, 84,047 pounds of U3O8 were captured within the Lost Creek plant, 79,961 pounds of U3O8 were packaged in drums and 73,515 pounds of U3O8 drummed inventory were shipped out of the Lost Creek processing plant in Q1. At March 31, inventory at the conversion facility was approximately 159,296 pounds U3O8. During the quarter, sales totaled $19.7M on 380,000 pounds at an average price of $51.75 per pound, which was 140% above the average spot price for the same period of $21.52 per pound. UR-Energy sold 10,000 pounds of Lost Creek production into a spot sale at $23.75 per pound. The remaining 370,000 pounds were purchased at an average cost of $25.00 per pound and sold into term contracts at $52.50 per pound. The purchase contracts were entered into at various times and purchase prices ranged from $22.25 to $26.55 per pound. As with prior guidance, the company expects to deliver a total of 470,000 pounds into term contracts in 2018 at an average price of approximately $49 per pound. The remaining 100,000 pounds will be delivered in Q2. Currently, more than four and a half years into production, Lost Creek U3O8 head grade has averaged 85.7 mg/l, life-of-project.
AAXN

Hot Stocks

07:33 EDT Axon receives large orders from several police departments - Axon announced that Montgomery County Police Department will deploy 900 Axon Fleet in-car video systems, totaling 1,800 cameras, across agency patrol vehicles. This order was received in Q1 and is expected to ship in multiple phases through 2022. Significant domestic orders received in Q1 and Q2 include: Milwaukee Police Department, with 260 Axon Fleet in-car video systems, totaling 520 cameras; Reno Police Department: 340 Axon Body 2 cameras and 152 Axon Signal Units; Concord Police Department: 154 Axon Body 2 cameras and 67 Axon Fleet in-car video systems; and others.
CNET

Hot Stocks

07:32 EDT ChinaNet Online retains ICR for investor relations program - ChinaNet-Online Holdings announced that it has retained ICR, a leading strategic communication advisory firm, to manage its investor relations program.
LB

Hot Stocks

07:21 EDT L Brands reports March comparable sales up 4% - L Brands reported net sales increased 7% to $1.02B for the five weeks ended April 7, 2018, compared to net sales of $951.4M for the five weeks ended April 1, 2017. Comparable sales for the five weeks ended April 7, 2018, increased 4% compared to the five-week period ended April 8, 2017. The company reported net sales of $1.874B for the nine weeks ended April 7, 2018, an increase of 9% compared to sales of $1.717B for the nine weeks ended April 1, 2017. Comparable sales for the nine weeks ended April 7, 2018, increased 3% compared to the nine-week period ended April 8, 2017.
DAL

Hot Stocks

07:14 EDT Delta Air Lines CEO: 'We have confidence in our plan to grow earnings in 2018' - "The Delta people delivered a strong March quarter, and our record revenue was a direct result of the great service and operational reliability they provided for our customers. It's an honor to recognize their hard work with $183 million toward our 2018 profit sharing," said Ed Bastian, Delta's CEO. "We have confidence in our plan to grow earnings in 2018 through top-line growth, improving our cost trajectory, and leveraging our international partnerships."
DAL

Hot Stocks

07:11 EDT Delta Air Lines sees FY18 adj. non-operating expense down $200M-$250M y/y - The company expects 2018 full-year adjusted non-operating expense to be $200M-250M lower than 2017, due to pension expense savings.
NOVN

Hot Stocks

07:10 EDT Novan names Kelly Martin CEO - Novan announced a number of key leadership and talent advancements that add to the existing foundation of the company and enable its continued progress across key areas. Kelly Martin, who was appointed interim CEO in June of 2017, will no longer be serving in an interim capacity. Martin will work actively with the board of directors and leadership team of Novan to aggressively move the company forward. Of particular note, and in addition to the full breadth of responsibilities as the CEO, Martin will be directly responsible for shareholder and market interface, including current or potential shareholders, sell side analysts and other traditional or nontraditional providers of capital. From a clinical development organizational perspective, Novan has announced that Elizabeth Messersmith will be joining the company in the role of SVP of Clinical Operations on June 1, 2018. In this role, Messersmith will report to Paula Brown Stafford, chief development officer, and be responsible for the direction and execution of the company's broad and diverse clinical drug development programs. Messersmith joins Novan from Quark Pharmaceuticals, where she held the position of SVP, Clinical Operations and Data Management. Lastly, Novan's Board of Directors has appointed Andrew Novak, who has served most recently as the company's senior director of financial reporting and analysis, to the role of VP and chief accounting officer. Novak will serve as the company's principal accounting officer. Jeff Hunter, EVP, chief business officer and corporate secretary will continue to serve as the company's principal financial officer. Together, Hunter and Novak will lead and oversee the financial operations of Novan.
OZRK

Hot Stocks

07:08 EDT Bank of the Ozarks sees 2018 non-purchased lown growth exceeding 2017 - Management said, "As we have stated in recent conference calls, we expect that our 2018 growth in non-purchased loans will exceed our record $3.13B annual growth in non-purchased loans in 2017. While it is early to make comments about 2019, based on our plans and our positive momentum, we expect our volume of non-purchased loan growth in 2019 to exceed 2018's growth." The company added, " Purchased loan runoff was an expected headwind to our overall growth in the quarter just ended, and it will continue to be a headwind to overall growth until we make our next acquisition. In the interim, the magnitude of that headwind should diminish as the purchased loan portfolio continues to decrease as a percentage of our total earning assets." The company sees its effective tax rate for 2018 at 25%-27%. Says will be "disciplined" in its acquisition strategy. The bank anticipates its name change to Bank OZK will take effect on or about July 16.
ESND GPC

Hot Stocks

07:08 EDT Essendant to combine with Genuine Parts' S.P. Richards business - Essendant (ESND) and Genuine Parts (GPC) announced that the companies have entered into a definitive agreement to combine Essendant and Genuine Parts Company's S.P. Richards business. The transaction, which has been unanimously approved by the Boards of Essendant and Genuine Parts Company, is expected to be tax free to the companies' respective shareholders. The transaction combining Essendant and S.P. Richards is structured as a Reverse Morris Trust, in which Genuine Parts Company will separate S.P. Richards into a standalone company and spin off that standalone company to Genuine Parts Company shareholders, immediately followed by the merger of Essendant and the spun-off company. The transaction implies a valuation of S.P. Richards of approximately $680M, reflecting the value of the Essendant shares to be issued at closing plus one-time cash payments to Genuine Parts Company of approximately $347M, subject to adjustments at closing. Upon closing, Genuine Parts Company shareholders will own approximately 51% and Essendant shareholders will own approximately 49% of the combined company on a diluted basis, with approximately 80M diluted shares expected to be outstanding. The transaction is expected to be tax-free to Essendant and Genuine Parts Company shareholders. The transaction is expected to close before the end of 2018, subject to regulatory and Essendant shareholder approvals and other customary closing conditions. Upon close of the transaction, the combined company, which will be called Essendant, will be led by Essendant President and CEO Ric Phillips, and Janet Zelenka will serve as CFO. S.P. Richards President and CEO Rick Toppin will be appointed Chief Operating Officer of the combined company. The transaction creates a company with pro forma 2017 net sales of approximately $7B, $300M in Adjusted EBITDA, 4.2% Adjusted EBITDA margins. "The combined company will have a stronger and more flexible balance sheet, which will enable it to reduce leverage, invest in the business and provide value to shareholders," the companies said. In addition to creating a platform with greater scale and the enhanced ability to serve customers, the combination is expected to unlock more than $75M in annual run-rate cost synergies and more than $100M in working capital improvements. The cost synergies will primarily be driven by sourcing, supply chain and selling, general and administrative efficiencies. The combined company expects 90% of the cost synergies to be realized within two years post-closing and to incur less than $50M in one-time cash costs to realize the synergies.
DAL

Hot Stocks

07:06 EDT Delta Air Lines sees Q2 pre-tax margin 14%-16% - Sees Q2 fuel price, including taxes and refinery impact $2.07 - $2.12.
LEVB

Hot Stocks

07:05 EDT Level Brands announces five-year licensing deal with Dynasty Group - Level Brands announced today a five-year licensing deal with Dynasty Group USA. The deal provides for licensing under three brands either owned or managed by LEVB: Ireland Men One, or I'M1, Level Brands' men's-lifestyle brand, established to capitalize on potentially lucrative licensing and co-branding opportunities with brands focused on millennials; Beauty & Pin-Ups, or BPU, Level Brands' hair-care and disruptive women's-products brand; and David Tutera, a brand managed by Level Brands' Encore Endeavor One, or EE1, a provider of corporate brand-management services and producer of experiential entertainment events and products across multiple platforms. Under the agreement, BPU will license its brand to Dynasty for sale of cosmetic and make-up items, I'M1 will do likewise for men's grooming brushes for facial hair and shaving kits, and EE1's client David Tutera will license its brand for women's makeup brushes and men's grooming brushes for facial hair and shaving kits. The agreement provides for an annual marketing fee for each entity and royalty payments of 25% of gross sales until a threshold is met, and then 16% of gross sales from that point on. Any promotional content related to the brands will be created under separate contracts with EE1.
EYPT

Hot Stocks

07:05 EDT EyePoint awarded 2 U.S. patents related to Dexycu - EyePoint Pharmaceuticals announced that the U.S. Patent and Trademark Office has issued Notices of Allowance for two patents covering Dexycu, the company's FDA-approved long-acting intraocular product for the treatment of postoperative inflammation. The first patent includes claims relating to a method of treating inflammation of an eye following cataract surgery by delivering extremely small amounts of dexamethasone in triethyl acetyl citrate. Once issued, this patent will expire in 2034. The second patent includes claims relating to loading and delivering a small dose volume from an injection syringe. Once issued, this patent will expire in 2032.
OZRK

Hot Stocks

07:05 EDT Bank of the Ozarks says 'forest' doing well
ESND GPC

Hot Stocks

07:05 EDT Essendant to combine with Genuine Parts' S.P. Richards in Reverse Morris Trust
MBOT

Hot Stocks

07:05 EDT Microbot Medical's Self-Cleaning Shunt awarded grant by European Commission - Microbot Medical announced the European Commission recognized the company's innovative Self-Cleaning Shunt product and awarded the company a non-dilutive grant to continue developing the SCS. The Commission's decision, in part, is based upon substantial demand for the SCS with the potential to create new market opportunities. The current approved EUR50,000 grant which the company can submit an additional request in six months for a higher grant up to EUR2M, will be used for the continued development of the company's Self Cleaning Shunt product. The company believes that it will reach its anticipated development milestones for its SCS, including its submission with the US Food and Drug Administration in late 2018 or early 2019.
DAL

Hot Stocks

07:03 EDT Delta Air Lines sees Q2 total unit revenue ex-refinery sales up 3%-5% y/y - Sees Q2 CASM ex-fuel and profit sharing up 1%-3% y/y. Sees Q2 system capacity up 3%-4% y/y.
CATO

Hot Stocks

07:02 EDT Cato Corp. reports March SSS up 6% - Cato Corporation reported sales for the five weeks ended April 7, 2018 of $96.9M, a 4% increase over sales of $93.1M for the five week period ended April 1, 2017. Same-store sales for the five weeks ended April 7 increased 6% from the five weeks ended April 8, 2017. "March sales were positively impacted by the shift of Easter from April last year to March this year," stated John Cato, Chairman, President, and CEO. "Due to this shift, the best way to measure our performance is by combining sales for the two months. We expect April same-store sales to be in the high negative single digits and the combined two months' same-store sales to be in the low negative single digits." As of April 7, 2018, the company operated 1,351 stores in 33 states, compared to 1,373 stores in 33 states as of April 1, 2017.
RAD

Hot Stocks

07:02 EDT Rite Aid reports Q4 SSS from Retail Pharmacy continuing ops down 1.7% - Same store sales from Retail Pharmacy continuing operations for the quarter decreased 1.7 percent over the prior year, consisting of a 2.3 percent decrease in pharmacy sales and a 0.6 percent decrease in front-end sales. Pharmacy sales included an approximate 138 basis point negative impact from new generic introductions. The number of prescriptions filled in same stores, adjusted to 30-day equivalents, decreased 1.8 percent over the prior year period due in part to exclusion from certain pharmacy networks that Rite Aid participated in the prior year. Prescription sales from continuing operations accounted for 64.9 percent of total drugstore sales.
CLGN NDRM

Hot Stocks

07:01 EDT CollPlant names Revital-Mandil-Levin CBDO - CollPlant (CLGN) announced the appointment of Revital Mandil-Levin, as CBDO, effective immediately. In this position, Mandil-Levin will be responsible for business development initiatives aimed at leveraging the company's rhCollagen technology into new and emerging fields such as BioInk for 3D bioprinting of tissues and organs and aesthetics medicine, as well as expanding the reach of the company's marketed products, VergenixFG and VergenixSTR in existing and new territories. Revital Mandil-Levin, has more than 15 years' experience in biotech startups and product development in the pharmaceutical industry. Before joining CollPlant, from January 2014 to February 2018, Mandil-Levin served as VP business development at NeuroDerm (NDRM).
BMY

Hot Stocks

07:00 EDT Bristol-Myers and Harvard announce new fibrosis research collaboration - Bristol-Myers Squibb and the Harvard Fibrosis Network of the Harvard Stem Cell Institute announced a research collaboration to discover and develop potential new therapies for fibrotic diseases, including fibrosis of the liver and heart. Under the terms of the agreement, academic investigators of hepatic and cardiac fibrosis from the Harvard Fibrosis Network will collaborate closely with leading scientists from Bristol-Myers Squibb on four projects over three years. Specific research projects will focus on applied fibrosis biology, identification of noninvasive biomarkers, and novel targets for potential anti-fibrotic therapies, in the areas of hepatic and cardiac fibrosis.
BLK

Hot Stocks

06:56 EDT BlackRock CEO: Worried about direction of deficits - Says worried about foreigners continuing to buy U.S. treasuries.
BKE

Hot Stocks

06:53 EDT The Buckle reports March SSS down 1.1% - The Buckle reported comparable store net sales, for stores open at least one year, for the 5-week period ended April 7, 2018 decreased 1.1% from comparable store net sales for the 5-week period ended April 8, 2017. Net sales for the 5-week fiscal month ended April 7 decreased 5.2% to $82.3M from net sales of $86.8M for the prior year 5-week fiscal month ended April 1, 2017. Comparable store net sales year-to-date for the 9-week period ended April 7 decreased 3.0% from comparable store net sales for the 9-week period ended April 8. Net sales for the 9-week fiscal period ended April 7 decreased 2.2% to $146.3M from net sales of $149.6M for the prior year 9-week fiscal period ended April 1, 2017.
BLK

Hot Stocks

06:49 EDT BlackRock CEO: Seeing more ESG demand from clients, mainly in U.S.
BLK

Hot Stocks

06:46 EDT BlackRock CEO: China willing to have trade talks with U.S. - Says China to expand foreign role in economy this year. Says China CEOs know they need to cooperate with U.S.
BLK

Hot Stocks

06:41 EDT BlackRock CEO: Saw huge inflows and outflows in Q1 - Says seeing more interest in global investing. Says likely late in economic cycle, which has been extended by tax cuts. Larry Fink speaking on CNBC.
EBS

Hot Stocks

06:36 EDT Emergent BioSolutions completes BioThrax Mutural Recognition Procedure in Europe - Emergent BioSolutions completed the Mutual Recognition Procedure for market authorization of BioThrax in five Concerned Member States within the European Union, including Italy, the Netherlands, Poland, the U.K., and France. Emergent filed the mutual recognition application based on the existing Marketing Authorization of BioThrax in Germany granted by the Paul-Ehrlich-Institut. Following the positive MRP outcome, national licenses are due to be issued shortly by the five CMS countries. Where approved in Europe, BioThrax is indicated for prevention of disease caused by Bacillus anthracis in adults at risk of exposure. BioThrax is also licensed by the FDA for the active immunization for the prevention of disease caused by Bacillus anthracis.
XRM

Hot Stocks

06:32 EDT Barington takes activist stake in Xerium, nominates two to board - Barington Capital Group disclosed a 4.38% stake in Xerium Technologies, which represents 717,648 shares. The filing allows for activism. Barington said it desires to continue to engage in discussions with Xerium concerning the business, operations, corporate strategy, management, cost structure, indebtedness and corporate governance of the company, as well as board representation. The firm believes that Xerium's "strong position in a highly concentrated market, as well as its attractive EBITDA margins and modest capital spending requirements, are not adequately reflected in the Company's current stock price." It thinks Xerium can "significantly improve long-term shareholder value by taking a number of steps. These include, among other things: Exploring strategic transactions that include or facilitate a refinancing on more favorable terms of the Company's $480 million aggregate principal amount of 9.5% senior secured notes, which are callable beginning in August 2018; Reducing the company's cost structure; Dedicating the company's ongoing free cash flow to reducing indebtedness; and improving the company's corporate governance, including by implementing a majority voting standard for uncontested director elections. By letter dated March 13, Barington nominated two persons for election to the board of Xerium at the company's 2018 annual meeting of stockholders.
WBC

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06:31 EDT Wabco wins $745M in new business in past four quarters - WABCO Holdings disclosed that - from Q2 2017 to Q1 2018 - it has entered into contracts in local currencies with customers worldwide that total $745M of expected cumulative incremental business. These awards specify $502M in new business earmarked from 2018 through to 2022 inclusively. Representing new incremental business for WABCO, these contracts are separate from revenues gained from the replacement and renewal of existing contracts. It comprises orders for WABCO products that improve vehicle safety, efficiency and connectivity, including actuators and air disk braking solutions, steering technologies, electronic suspension systems, transmission automation and industry-leading fleet management solutions that provide advanced connectivity between trucks, trailers, drivers and fleet managers.
BLK

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06:19 EDT BlackRock reports long-term net inflows of $57.3B - Long-term net inflows of $57.3 billion and $3.2 billion from clients in the Americas and Asia-Pacific regions, respectively, were partially offset by net outflows of $5.9 billion from clients in EMEA. At March 31, 2018, BlackRock managed 63% of its long-term AUM for clients in the Americas, 29% for clients in EMEA and 8% for clients in Asia-Pacific. The Company's net flows by client type for the first quarter of 2018 are presented below. Retail long-term net inflows of $16.7 billion reflected net inflows of $8.7 billion in the United States and $8.0 billion internationally. Fixed income net inflows of $10.0 billion were diversified across the Company's top-performing active platform, led by net inflows into unconstrained, emerging market and municipals categories. Equity net inflows of $4.2 billion reflected inflows into index mutual funds and international active equities. Multi-asset net inflows of $2.0 billion were largely due to inflows into the Multi-asset Income fund family. iShares ETFs long-term net inflows of $34.6 billion reflected strength in iShares Core ETFs. Equity net inflows of $29.7 billion were driven by both U.S. and international equity market exposures. Fixed income and commodity iShares generated $3.2 billion and $1.7 billion of net inflows, respectively. Institutional active long-term net outflows of $7.1 billion were driven by fixed income outflows of $4.1 billion linked to profit-taking and cash repatriation planning, and multi-asset net outflows of $4.1 billion resulting from a single redemption associated with client M&A activity. Alternatives net inflows of $1.4 billion were led by inflows into hedge funds, private equity solutions and infrastructure offerings. Institutional index long-term net inflows of $10.4 billion included fixed income net inflows of $17.5 billion, led by demand for liability-driven solutions, partially offset by equity net outflows of $7.2 billion.
BLK

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06:17 EDT BlackRock reports Q1 Ishares net inflows $34.65B vs. $54.8B in Q4
TWTR

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06:17 EDT Twitter investors urge it to report on steps it's taking to combat fake news - A group of Twitter shareholders is urging the company for an update on how it is fighting fake news, abuse, and to specify the regulatory risk it faces. Twitter's board responded that the company is "taking action." The New York State Retirement Fund and Arjuna Capital have filed a shareholder proposal that would encourage Twitter to put together a detailed report about how well it's doing enforcing its social network's terms of service, the company disclosed in a regulatory document on Wednesday. The shareholders are also urging the company to include in the report the possible financial and other risks it faces from fake news and similar controversies. "Shareholders are concerned that Twitter's failure to address these issues proactively has created regulatory, legal, and reputational risk," the investors said in their proposal. "We believe Twitter has an obligation to demonstrate how it manages content to prevent violations of its terms of service. Yet, disclosures have been inadequate." Twitter also noted its statement of opposition, saying "Our board of directors has considered this proposal and, for the reasons described below, believes that adopting this proposal is not in the best interests of Twitter and our stockholders and unanimously recommends that you vote 'AGAINST' this proposal. Our board of directors and management have devoted, and continue to devote, significant effort to ensure that we are aware of and able to properly address public policy issues of importance to our business. Because we believe that the issues raised in the proposal are or have already been addressed as part of our ongoing business operations through our existing robust systems, structures, processes and controls, with significant oversight from our board of directors and management at the highest levels, we do not believe that establishing a separate public policy committee of the board of directors is necessary."
BLK

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06:16 EDT BlackRock reports Q1 AUM $6.32T, up 17% y/y, down fractionally sequentially
IMUC

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06:14 EDT ImmunoCellular announces successful T cell transfer - ImmunoCellular announced that it has been able to verify successful transfer of the selected T cell receptor genetic material into human hematopoietic stem cells. This milestone represents the next important step in validating the Stem-to-T-Cell approach, and is a key component of the proof-of-concept work for this technology. This achievement is a key next step to begin preclinical testing. ImmunoCellular's Stem-to-T-Cell technology is designed to stimulate the patient's immune system to produce an unlimited supply of killer T cells that specifically target and destroy tumor cells with minimal side effects.
GSK

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06:13 EDT GSK to transfer rare disease gene therapy portfolio to Orchard Therapeutics - GSK and Orchard Therapeutics announced a strategic agreement, under which GSK will transfer its portfolio of approved and investigational rare disease gene therapies to Orchard, securing the continued development of the programs and access for patients. This acquisition strengthens Orchard's position as a global leader in gene therapy for rare diseases. GSK will continue to invest in the development of its platform capabilities in cell and gene therapies, with a focus on oncology. Under the agreement, GSK will become an investor in Orchard Therapeutics, receiving a 19.9% equity stake along with a seat on the company's board. GSK will also receive financial considerations in the form of royalties and commercial milestone payments related to the acquired portfolio. GSK and Orchard will exchange manufacturing, technical and commercial insights and learnings on the development of gene therapy medicines to ensure the success of the assets. The agreement follows GSK's strategic review of its rare disease unit, announced in July 2017, as part of the Group's ongoing prioritisation and strengthening of its pharmaceuticals pipeline with a focus on priority programmes in two current therapy areas, respiratory and HIV/infectious diseases, and two potential areas, oncology and immuno-inflammation.
MAGS

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06:13 EDT Magal Security appoints Dror Sharon as CEO - Magal Security Systems announced that Dror Sharon has been appointed as CEO replacing Saar Koursh, who has led Magal since 2015. Sharon is expected to start his role as Magal's CEO on June 24th, 2018. Koursh will continue in his position until April 30th. Yaniv Shachar, E.V.P. and General Manager of Magal Israel, will serve as acting CEO in the interim period. Sharon joins Magal following a successful career as President and CEO at Controp Precision Technology.
LEN

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06:11 EDT Lennar elects Rick Beckwitt as new CEO, Diane Bessette as CFO - Lennar (LEN) announced that its board has elected Stuart Miller, Rick Beckwitt, Jon Jaffe, Bruce Gross and Diane Bessette to new executive positions with the company. The announced management changes recognize the hard work, effective leadership, collaboration and significant contribution that each of these executives have brought to Lennar over many years. Stuart Miller will continue his leadership role with Lennar as the newly appointed Executive Chairman. As Executive Chairman, Miller will continue to be actively involved in all aspects of the company's operations and continue to set the strategic direction for Lennar. Miller has worked full time with Lennar for more than 35 years and has served as its CEO for 21 years. Rick Beckwitt has been elected as the new CEO of Lennar. He also was elected to the Lennar board. Beckwitt has worked with Lennar for 12 years and has been the company's president since 2011. Beckwitt has been involved in the homebuilding and construction industry for more than 30 years. Prior to joining Lennar, he was previously on the board of D.R. Horton (DHI) and held various executive officer positions including president of the company. Jon Jaffe has been elected as the new president of Lennar and will continue as the company's COO. He also was elected to the Lennar board. Jaffe has worked with Lennar for more than 30 years and has been the dompany's COO since 2004. Jaffe led the company's expansion into California in 1995 and is responsible for Lennar's dominant position in California and the Western United States. The Lennar board also elected Bruce Gross as the new CEO of Lennar Financial Services, or LFS. Gross has worked with Lennar for more than 25 years and has served as the company's CFO since 1997. He also has overseen LFS, which includes Eagle Home Mortgage and North American Title. Starting in Q2, LFS will include the operations of Rialto Mortgage Finance and will target the expansion into a broader range of structured finance solutions for real estate assets. Diane Bessette has been elected as the new CFO of Lennar and will continue as the company's Treasurer. She has worked with Lennar for more than 23 years and has served as the company's Treasurer since 2008 and Controller from 1997 to 2008. Bessette's vast experience with the company enables Lennar to operate efficiently and with confidence that integrity and precision are maintained in all of the company's reporting.
SPX SPY

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06:07 EDT Trump says would have fired Mueller in December 'if I wanted to' - President Donald Trump just tweeted, "If I wanted to fire Robert Mueller in December, as reported by the Failing New York Times, I would have fired him. Just more Fake News from a biased newspaper!"
INNV

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06:07 EDT Innovus Pharmaceuticals: FDA clears GlucoGorx Glucose Monitoring Test Kit - Innovus Pharmaceuticals announced that the U.S. FDA has cleared the company's GlucoGorx Glucose Monitoring Test Kit that includes a glucose meter, test strips and lancet device under the 510(k) filing of its manufacturing partner, ACON Laboratories. Innovus Pharma will offer the GlucoGorx Kit, which will provide highly sensitive glucose level testing results within 4 seconds, to its customers who buy its GlucoGorx clinical glucose supplement. Innovus Pharma is expected to launch its GlucoGorx Kit and GlucoGorx in the second half of 2018.
MDR CBI

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06:06 EDT McDermott sees combination with CB&I on track for Q2 - The companies have validated the identified $250M in annualized cost synergies with concrete plans to achieve them by 2Q19.
CBSH

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06:03 EDT Commerce Bancshares reports Q1 interest margin 3.37%
VLKAY TM

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06:00 EDT Volkswagen Truck & Bus, Hino Motors to enter into a strategic partnership - Hino Motors, majority owned by Toyota (TM), and Volkswagen Truck & Bus GmbH (VLKAY) signed an agreement aiming to build a mutually beneficial strategic long-term partnership on eye-level. Based on their common ideas, both companies will further explore each other's capabilities to cooperate in logistics and traffic solution research, existing and new technologies as well as in procurement. The evaluation of technology cooperation will focus on conventional powertrains, hybrid and electric powertrains, as well as connectivity and autonomous driving systems. Both partners aim to enhance their respective market positions in the global transportation business and will jointly develop innovative technologies to offer customers the highest value. A joint Alliance Board has been set up based on the SCFA to discuss the direction of the long-term and eye-level partnership. The Alliance Board pursues a pragmatic approach with a lean organization and balanced rights for both companies that remain independent. It comprises the CEOs from both companies as well as additional senior management representatives. Among other things, the Alliance Board will explore and evaluate cooperation in existing technologies, e.g. whether there is room for jointly utilizing conventional powertrains, to offer better products for customers. Furthermore, it will also evaluate initiatives for future transportation technologies.
KBR

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05:55 EDT KBR awarded LBED contract by ENAP Refinerias in Chile - KBR announced that it has been awarded a license and engineering, or LBED, contract by ENAP Refinerias SA, or ENAP, to utilize KBR's ROSE solvent deasphalting technology at their Bio Bio refinery in Concepcion, Chile. Under the terms of the contract, KBR will provide technology licensing and basic engineering design, or LBED, for ENAP's upcoming refinery upgrading project in Concepcion. ENAP will be using KBR's proprietary ROSE solvent deasphalting technology for their 30,000 BPSD plant. The ROSE unit will split residue from a mix of crude oils into deasphalted oil, or DAO, and asphaltene, allowing the refinery to upgrade a larger proportion of its oil intake into high-grade products. The new unit will not change the refinery's total processing capacity but will allow a different product mix and will give the refinery more flexibility to respond to market developments and reduce the environmental footprint of its products.
AMRN

Hot Stocks

05:44 EDT Amarin presents two posters about Vascepa at the National Kidney Foundation - Amarin announced the presentation of two posters this week at the National Kidney Foundation 2018 Spring Clinical Meetings in Austin, TX, April 10-14, 2018. These analyses highlight the need for further research in patients with reduced kidney function in conjunction with diabetes mellitus or ongoing inflammation, as denoted by elevated high sensitivity C-reactive protein, or hsCRP, levels, and persistent high triglycerides, or TG, despite statin therapy due to the association with increased cardiovascular disease, or CVD, risk. The poster titled "Icosapent Ethyl Reduces Potentially Atherogenic Lipid and Inflammatory Markers in High-Risk Statin-Treated Patients With Persistent High Triglycerides, eGFR less than90 mL/min/1.73 m2, and Diabetes Mellitus" showed that, consistent with overall ANCHOR study results, compared with placebo, icosapent ethyl, or IPE, 4g/day significantly decreased the primary endpoint of triglycerides, or TG, and other lipids without increasing LDL-C. Apolipoproteins and markers of oxidation and inflammation were significantly improved.
TKTDY

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05:39 EDT Key Safety Systems completes acquisition of Takata assets - A consortium led by its parent Ningbo Joyson Electronic Corporation and PAG, an Asia based private equity firm and Future Industry Investment Fund provided the funding to Key Safety Systems to successfully complete the acquisition of substantially all of the global assets of Japan-based Takata Corporation, a global supplier of vehicle safety systems including seat belts, airbags, steering wheels and child seats as well as other automotive products, out of cross-border bankruptcies in the United States and Japan. Takata's liabilities associated with the recall of phase-stabilized ammonium nitrate airbag inflators and other liabilities were not acquired by KSS. The combined company will be rebranded Joyson Safety Systems and be headquartered in Auburn Hills, Michigan, USA. The purchase agreement announced on November 21, 2017 was subject to a number of closing conditions, all of which have now been met, including antitrust clearance and bankruptcy court approvals in multiple countries. KSS has now successfully acquired substantially all of Takata's assets, except for certain assets related to the manufacturing and sale of phase-stabilized ammonium nitrate airbag inflators.
ASMB

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05:32 EDT Assembly Biosciences presents interim data from ABI-H0731 Phase 1a, 1b studies - Assembly Biosciences presented interim results from Phase 1a and 1b study of ABI-H0731, a novel antiviral in development for the treatment of chronic HBV infection, in a "late-breaker" poster presentation at The International Liver Congress, the Annual Meeting of the European Association for the Study of the Liver, or EASL. A copy of the poster can be found at assemblybio.com on the "Events & Presentations" page under "Investors." The late-breaker poster outlines interim data from the ongoing Phase 1b antiviral efficacy study and a recently completed Phase 1a safety and pharmacokinetic, or PK, study of ABI-H0731, a novel, oral Core protein Allosteric Modifier, or CpAM, with selective and potent activity against all major HBV genotypes. To date, two cohorts of HBV patients have completed dosing in the Phase 1b trial, in addition to three additional cohorts in a Phase 1a study in healthy volunteers. A third HBV patient cohort receiving 300 mg is ongoing, though only initial results are reported. Two HBeAg negative patients have also been treated at 400 mg.
AJG

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05:28 EDT Arthur J. Gallagher enters multi-year title sponsorship with Premiership Rugby - Premiership Rugby and Gallagher have agreed to a multi-year strategic business and marketing partnership beginning with the 2018-19 season with Gallagher becoming the official title sponsor of Premiership Rugby. The new partnership starts on July 1, and the competition will be known as "Gallagher Premiership Rugby" when it kicks off on 31 August, with naming rights, branding opportunities and local community programs included in the agreement.