Stockwinners Market Radar for May 18, 2018 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

18:46 EDT Solid Biosciences announces new preclinical data for SGT-001 - Solid Biosciences announced the presentation of new preclinical data from its gene therapy development programs for Duchenne muscular dystrophy. New data for SGT-001, the company's lead microdystrophin gene transfer candidate, further demonstrate its potential to produce long-term and body-wide microdystrophin expression that correlates with significant improvements in muscle function. Additionally, the company presented data supporting the development of novel promoters and capsids as part of its next generation gene therapy discovery efforts. These data were presented this week at the 21st Annual Meeting of The American Society of Gene and Cell Therapy in Chicago.

18:01 EDT J.B. Hunt director Garrison sells 100,000 common shares - In a regulatory filing, J.B. Hunt director Earl Wayne Garrison disclosed the sale of 100,000 common shares of the company in four transactions priced in the range of $126.1036-$126.7059 per share.

17:37 EDT Janus Henderson reports 11.9% stake in athenahealth, urges for sale process - In a regulatory filing, Janus Henderson disclosed an 11.9% stake in athenahealth and said that, on May 15, 2018, it engaged the company's board of directors to express, among other things, that it believes initiating a formal sale process for the company is in the best interest of the its shareholders. Janus also expressed concerns over management's execution of strategic initiatives. As such, Janus expressed its view that it is in the best interest of athenahealth's shareholders to engage with third parties making offers for the company, and to open up a broader sales process.

17:04 EDT Boxer Capital reports 6.3% passive stake in Solid Biosciences

17:03 EDT Jamba announces expected receipt of Nasdaq letter - Jamba, Inc. announced that as expected, on May 15, 2018 it received a letter from Nasdaq stating that the company is not in compliance with Nasdaq's filing requirements set forth in Listing Rule 5250c1 as a result of the company's delay in filing its Quarterly Report on Form 10-Q for the quarter ended April 3, 2018. The notification received has no immediate effect on the listing of the company's common stock on Nasdaq. The notification states that the company's failure to file its Q1 10-Q may serve as an additional basis for the delisting of the company's securities from Nasdaq and that the Nasdaq Hearings Panel will consider this matter in their decision regarding the company's continued listing on The Nasdaq Global Select Market. The company has until May 22, 2018 to present its views with respect to this additional deficiency to the Panel. As previously disclosed, the company is also not in compliance with Nasdaq Listing Rules 5620a and 5810c2G, since the company has not yet held an annual meeting of stockholders within twelve months of the end of the company's fiscal year ended January 3, 2017.

16:58 EDT United Technologies unit sells Taylor Company to Middleby - UTC Climate, Controls & Security, a unit of United Technologies Corp. (UTX), has signed a definitive agreement to sell Taylor Company to The Middleby Corporation (MIDD). The sale is expected to close early in Q3, subject to customary closing conditions, including regulatory approvals. This action allows UTC Climate, Controls & Security's Carrier Transicold & Refrigeration Systems business to focus on its two core strengths in transport and commercial refrigeration, while providing Taylor Company with an excellent fit for its offerings, which are complementary to Middleby's industry-leading portfolio of companies focused on the foodservice business.

16:36 EDT Evercore CEO sells 23,263 common shares - In a regulatory filing, Evercore president and CEO Ralph Schlosstein disclosed the sale of 23,263 common shares of the company at a price of $108.5994 per share.

16:31 EDT Deluxe CEO establishes 10b5-1 trading plan - Deluxe announced that Lee Schram, CEO of the company, has established a personal stock trading plan, including a Rule 10b5-1 plan, as part of his personal financial planning strategy for asset diversification. The company announced on April 26 that Schram will be retiring from his current role, but will continue to lead the company as CEO during the succession process to facilitate a smooth transition. Schram's diversification plans include the exercise of certain stock options this month and sale of stock acquired upon the exercise of the options and certain other shares held outright over a period of the next 6 months.

16:16 EDT Whale Rock Capital reports 5.83% passive stake in Talend

16:07 EDT Navios Maritime receives continued listing standards notice from NYSE - Navios Maritime announced that on April 18, the company was notified by the New York Stock Exchange that it was no longer in compliance with the NYSE's continued listing standards because the average closing price of the company's common stock over a consecutive 30 trading-day period was less than $1.00 per share. The NYSE's notification has no impact on the company's business operations. The company has confirmed to the NYSE its intent to cure this deficiency within the prescribed timeframe set out in the NYSE's Listed Company Manual. During this time, the company's common stock will continue to be listed and trade on the NYSE. The NYSE's notification does not affect the company's SEC reporting requirements.

16:05 EDT Cascade Investment reports 5% stake in Liberty Global

15:42 EDT Illinois American Water acquires Sundale Utilities - Illinois American Water President Bruce Hauk announced the company's acquisition of Sundale Utilities. The purchase of the water and wastewater systems adds approximately 1,415 new wastewater customers and approximately 475 water customers to the company's customer base. The Illinois Commerce Commission approved the sale for $2M on May 2, 2018. Illinois American Water acquired the water and wastewater systems. Illinois American Water plans to invest an estimated $4.4M over the first five years of ownership. Illinois American Water is a subsidiary of American Water.

15:31 EDT Land & Buildings says Brookdale real estate likely worth mid-teens per share - Land & Buildings Investment Management issued a letter to Brookdale Senior Living's (BKD) board and shareholders. The letter states in part, "As fellow Brookdale shareholders, we want to congratulate Brookdale and Ms. Lucinda Baier for a great first quarter...Based on the Company's current operating performance from owned and leased assets, Ms. Baier provided guidance to investors that was practical and appears achievable. We remain hopeful the Company is on the right track and believe Ms. Baier's leadership and no-nonsense approach will prevail despite the significant challenges of turning a company around after years of underperformance. We are less worried about new supply given that its greatest impact is on just 25% of the Company's markets and believe the bulk of the industry headwinds are fully reflected in its reported results and more than reflected in the share price. As value investors, the underpinning of our investment is Brookdale's real estate. Based on first quarter results, with approximately $500 million of annual adjusted EBITDA, the real estate portfolio is likely valued in the mid-teens dollars per share at undemanding valuations. Additionally, with the Ventas, Inc. and HCP, Inc. lease consent issues resolved, it likely makes sense for Brookdale to revisit broad real estate monetizations but not as a distraction which would divert attention from operations, in our view. Considering all of the Company's positive progress, we believe work still needs to be done regarding Brookdale's corporate governance and strategic direction. We hope to continue to work collaboratively with the Board and management team so that the Company's corporate governance is in line with best-in-class 21st century governance."

14:36 EDT Boeing says 'closely monitoring' situation in Cuba - Boeing tweeted, "We are aware of news reports out of Cuba and are closely monitoring the situation."

14:18 EDT New Jersey AG vows to continue investigations into for-profit colleges - New Jersey Attorney General Gurbir Grewal wrote a letter yesterday to U.S. Education Secretary Betsy DeVos expressing concern after the New York Times reported that her department had "effectively killed" investigations at large for-profit colleges where top federal education officials previously worked. "If the federal government will not pursue these investigations wherever the facts and the law take them, let us pick up where you leave off," Grewal wrote in the letter. "Give the New Jersey Attorney General's Office access to your Department's files." Publicly traded companies in the for-profit education space include American Public Education (APEI), Bridgepoint Education (BPI), Career Education (CECO), Adtalem Global Education (ATGE), Grand Canyon (LOPE) and Strayer (STRA). Reference Link

13:05 EDT Baker Hughes reports U.S. rig count up 1 to 1,046 rigs - Baker Hughes reports that the U.S. Rig Count is up 1 rig from last week to 1,046, with oil rigs unchanged at 844, gas rigs up 1 to 200, and miscellaneous rigs unchanged at 2. The U.S. Rig Count is up 145 rigs from last year's count of 901, with oil rigs up 124, gas rigs up 20, and miscellaneous rigs up 1 to 2. The U.S. Offshore Rig Count is down 2 rigs to 19 and down 4 rigs year-over-year. The Canada Rig Count is up 4 rigs from last week to 83, with oil rigs up 6 to 38 and gas rigs down 2 to 45. The Canada Rig Count is down 2 rigs from last year's count of 85, with oil rigs up 2 and gas rigs down 4.

12:42 EDT CVI Investment reports 9.9% passive stake in Amedica

11:52 EDT Perry Ellis confirms receipt of Feldenkreis' director nominations - Perry Ellis confirmed that George Feldenkreis has provided notice of his intent to nominate four individuals to stand for election to the Perry Ellis board of directors at the 2018 annual meeting of shareholders. The Special Committee of the Perry Ellis board issued the following statement: "The Special Committee is committed to acting in the best interests of all shareholders. The Special Committee, with the assistance of independent financial and legal advisors, is evaluating the previously announced February 6, 2018 proposal from Mr. Feldenkreis. To that end, the Special Committee will continue with its strategic review process to maximize shareholder value, including engaging in good faith with Mr. Feldenkreis to see if a transaction that maximizes shareholder value can be reached. The Special Committee will refrain at this time from commenting on the status of all negotiations in progress or contesting mischaracterizations of those negotiations in the press by Mr. Feldenkreis. Our focus remains on maximizing shareholder value."

11:41 EDT Epic Games says 'Fortnite' coming to Android this summer - In a blog post, Epic Games said that popular online video game "Fortnite" will be coming to Android (GOOG) devices soon, with the company targeting this summer for the release. Epic Games is 40% owned by Tencent (TCEHY) and is part of Disney's (DIS) Accelerator Program. Reference Link

11:20 EDT JetBlue names Joanna Geraghty president, COO - JetBlue Airways announced it has named Joanna Geraghty to president and COO, along with other changes to the company's senior leadership in the coming weeks designed to enhance day-to-day operations and better support execution of its longer term strategic initiatives. Geraghty will report to Robin Hayes, who will remain CEO and who will continue to oversee the company's long-term strategy, its structural cost program and efforts to achieve superior margins, and its focus on expanding and evolving into new businesses such as JetBlue Travel Products. Geraghty will manage the day-to-day airline operation, focusing on efforts to deliver a leading customer service experience, execute key structural cost initiatives and enhance operational performance. She will also oversee JetBlue's commercial team, led by Marty St. George, JetBlue's EVP, commercial and planning. Geraghty joined JetBlue in 2005 and was most recently EVP, customer experience. Warren Christie has been named SVP, safety, security and fleet operations reporting to Geraghty. Ian Deason has been named SVP, customer experience, adding inflight and customer support to his existing leadership of the airports team. Jeff Martin, currently EVP, operations, will take on a senior advisor role for JetBlue to ensure a smooth transition following this reorganization.

11:16 EDT Estre Ambiental receives NASDAQ notice due to late filing of Form 20-F - Estre Ambiental announced on May 1, 2018 that it expects to issue its full year 2017 results before the market opens on Wednesday, May 30, 2018. However, on May 11, the company received a letter from the NASDAQ Stock Market notifying the company that it is not in compliance with the requirements for continued listing because it did not timely file its annual report on Form 20-F for the year ended December 31, 2017. In accordance with the NASDAQ Listing Rules, the company has 60 calendar days from the date of the delinquency letter to submit a plan to regain compliance with NASDAQ rules. If NASDAQ accepts the compliance plan, NASDAQ may grant the company an extension until October 29, 2018 to regain compliance and the company intends to file its 2017 annual report before that date, it stated.

11:07 EDT The Intersection: Crypto and Wall Street This Week - As bitcoin, ethereum and other cryptocurrencies get increasing attention from investors, Wall Street and its traditional banks continue to adjust to the shift. Catch up on this week's top stories highlighting the intersection of these old guard and new school areas of finance with this recap compiled by The Fly: 1. WSJ PROBE FINDS DECEPTIVE DIGITAL OFFERINGS: Hundreds of technology firms raising funds in the cryptocurrency market are using deceptive or even fraudulent methods to attract investors like plagiarized investor documents, promises of guaranteed returns or fake executive teams, the Wall Street Journal reported Thursday, citing a review of documents for 1,450 digital coin offerings. Investors have injected over $1B into 271 coin offerings where the investigation found red flags, representing nearly one in five of the coin offerings reviewed, and some of those firms are still raising money, while others have shut down. Investors have so far claimed losses of up to $273M in these projects. 2. SEC LAUNCHES FAKE ICO: The Securities and Exchange Commission launched a website promoting a fake initial coin offering in an effort to educate investors on the red flags of cryptocurrency scams, the Wall Street Journal reported Wednesday. The SEC's fake digital offering, "HoweyCoin" played up the features of ICOs that regulators say are red flags, including celebrity endorsements, guaranteed returns on investment and discounts to early buyers. The agency used a "white paper" to explain the project styled as a partnership with the travel industry. 3. FEDERAL OFFICIALS LOOK AT REGULATION: Federal officials are reviewing regulations that may erode the anonymity and unregulated status of cryptocurrencies amid concerns that digital currency is funding terrorism and money laundering, the New York Post reported Tuesday. Officials from the Justice Department, Commodity Futures Trading Commission and Securities and Exchange Commission said the agencies are pushing for trading platforms and others to gather information on who's buying and selling the currencies in order to bring visibility to the market . 4. AMAZON MOVES INTO BLOCKCHAIN: Amazon's (AMZN) cloud computing arm is partnering with startup Kaleido, which was born out of blockchain incubator Consensys, in an effort to make it easier for customers to use blockchain, CNBC reported Tuesday. Amazon is looking to give Amazon Web Services clients an "easy button" to get into the technology that underpins bitcoin and the partnership will use the Ethereum blockchain platform. 5. CIRCLE ANNOUNCES USD COIN: In a Tuesday blog post, crypto finance company Circle said, "We announced the pending availability of tokenized US dollar coins supported by developments in the CENTRE open source framework and by a new partnership with Bitmain, which is also leading a $110M Series E equity investment in Circle. The invention of cryptographic assets and blockchain-based computing have ushered in the next major era of the open internet. But a price-stable medium of exchange and store of value is missing and badly needed in order for global financial interoperability to function reliably and consistently...Circle USDC is a solution that enables customers to purchase and use USDC fiat tokens for payments and trading in the crypto ecosystem." 6. JPMORGAN HEAD OF CRYPTO-ASSET STRATEGY: JPMorgan (JPM) has appointed Oliver Harris as head of crypto-asset strategy to lead the bank's Quorum project, an internal blockchain platform, as well as identify and spearhead new crypto projects, Business Insider reported Thursday. 7. SQUARE CEO REAFFIRMS BITCOIN SUPPORT: Square (SQ) chief executive officer Jack Dorsey said that the company's move to let users of its mobile app buy and sell bitcoin this year was a "pretty contentious move within the company" and continues to be a source of internal tension, Reuters reported Wednesday. Dorsey, who is also the CEO of Twitter (TWTR), reaffirmed his support for the cryptocurrency, noting that not everyone within Square agreed with his stance on it, including members of the board. CRYPTO STOCK PLAYS: Cryptocurrency revenues have been pointed to as reasons to be bullish on Advanced Micro Devices (AMD) and Nvidia (NVDA) in select research. Overstock (OSTK), DPW Holdings (DPW), Kodak (KODK), Seven Stars Cloud Group (SSC), Riot Blockchain (RIOT), Pareteum (TEUM) and Social Reality (SRAX) are other stocks that have been touted, or promoted themselves, as a way to play the crypto theme PRICE ACTION: As of time of writing, bitcoin dropped roughly 5.9% this week to $8,070 in U.S. dollars according to CoinDesk. WANT BITCOIN NEWS ALERTS?: To receive alerts on stories relating to bitcoin and other cryptocurrencies, Fly subscribers can enter "Bitcoin" into the "Add symbols" box of their portfolios.

10:58 EDT Texas Roadhouse names Tonya Robinson CFO - Texas Roadhouse announced that VP of finance and investor relations, Tonya Robinson, has been promoted to CFO. Robinson assumes the role previously held by current Texas Roadhouse president, Scott Colosi, who has served as interim CFO since 2015.

10:46 EDT FDA alerts about efficacy issue identified in some trials of Keytruda, Tecentriq - The U.S. Food and Drug Administration is alerting health care professionals, oncology clinical investigators, and the public about decreased survival associated with the use of Keytruda or Tecentriq as single therapy in clinical trials to treat patients with metastatic urothelial cancer who have not received prior therapy and who have low expression of the protein programmed death ligand 1. In two ongoing clinical trials - KEYNOTE-361 and IMVIGOR-130 - the Data Monitoring Committees' early reviews found patients in the monotherapy arms of both trials with PD-L1 low status had decreased survival compared to patients who received cisplatin- or carboplatin-based chemotherapy. There was no change in the adverse event profile of Keytruda or Tecentriq. Both Merck (MRK), manufacturer of Keytruda, and Genentech (RHHBY), manufacturer of Tecentriq, have stopped enrolling patients whose tumors have PD-L1 low status to the Keytruda or Tecentriq monotherapy arms per the DMCs' recommendations, the FDA stated. Keytruda and Tecentriq are also currently approved by the FDA for the treatment of multiple types of other cancers. Reference Link

10:43 EDT FDA alerts about efficacy issue identified in some trials of Keytruda, Tecentriq

10:28 EDT Deere sees cost reduction actions offsetting inflation

10:21 EDT U.S. Steel issues statement supporting Department of Commerce ruling - United States Steel Corporation issued a statement in response to the Department of Commerce's ruling on circumvention petitions filed by American steel producers in September 2016. The Department found that imports of Chinese steel finished in Vietnam are covered by U.S. antidumping and countervailing duty orders on imports from China. As a result of this decision, U.S. importers of cold-rolled and galvanized steel from Vietnam made from Chinese substrate must make cash deposits under the applicable orders. The company said, ""We applaud Secretary Ross' final circumvention decision, which represents the Administration's full commitment to using all tools available to combat unfair trade and restore a level playing field for the domestic steel industry."

10:06 EDT LiveXLive Media Inc trading resumes

10:00 EDT Werner says will pursue appeal jury verdict from 2014 Texas accident - In a regulatory filing Werner said: "On May 17, a Harris County, Texas, jury rendered an adverse verdict against Werner Enterprises, in a lawsuit arising from an accident between a Werner tractor-trailer and a passenger vehicle. The accident happened on December 30, 2014, near Odessa, Texas. As a result of the accident, four passengers in the pickup sustained varying injuries. The Werner driver was traveling well below the posted speed limit, did not lose control of his tractor-trailer, and even brought the unit to a controlled stop after the impact. Despite these facts, the jury awarded a gross verdict of approximately $89.7M to the family. The jury did not award any punitive damages. The company currently is unable to determine its potential liability related to the verdict.The Company has premium-based liability insurance to cover the potential outcome from this jury verdict. As a result of this jury verdict, the Company intends to accrue this $10M liability in its financial statements during second quarter 2018. The company will be pursuing an appeal of this verdict."

09:30 EDT Deere sees company worldwide agriculture & turf sales up 14% vs. prior up 15% - Sees FY18 U.S./Canada Ag industry sales up ~10%, in line with prior view. Continues to see EU Ag sales up about 5%. Continues to see Asia Ag about flat. Sees company worldwide agriculture & turf sales up about 14% vs. prior view of up about 15%. Sees FY18 effective tax rate about 56%, FY19 effective tax rate 25%-27%. Comments from slides that will be presented on the Q2 earnings conference call.

09:23 EDT Mannatech commences cash tender offer for up to $16M in stock - Mannatech announces it has commenced a modified Dutch auction cash tender offer to purchase up to $16 million of its outstanding common stock, par value $0.0001 per share, at a per share price not greater than $21.00 nor less than $18.50. The closing price of Mannatech's common stock on The Nasdaq Global Select Market on May 16, 2018, two trading days prior to the commencement of the tender offer, was $15.65 per share. The tender offer is scheduled to expire at 12:00 midnight, New York City time, at the end of Friday, June 15, 2018, unless the offer is extended. The Company believes that the repurchase of its stock pursuant to the tender offer is consistent with its ongoing goal to maximize shareholder value. The board of directors evaluated the Company's operations, financial condition, capital needs, regulatory requirements, strategy and expectations for the future and believes that the tender offer is a prudent use of the Company's financial resources and determined that a tender offer is an appropriate mechanism to return capital to shareholders that seek liquidity under current market conditions and allowing shareholders who do not participate in the tender offer to share in a higher portion of the Company's future potential. The tender offer is not contingent upon obtaining any financing; however, the tender offer is subject to certain terms and other conditions, which are described in the Offer to Purchase, dated May 18, 2018, and the related Letter of Transmittal and other materials pertaining to the tender offer that Mannatech has filed with the Securities and Exchange Commission

09:16 EDT On The Fly: Pre-market Movers - HIGHER: Cerner (CERN), up 6% after signing a Veteran Affairs contract valued at up to $10B... AmTrust (AFSI), up 4% after Carl Icahn discloses a 9.38% stake in the company and stated that he and his firm "strongly oppose" the company's proposed going-private transaction... Mattel (MAT), up 2% after The Wall Street Journal reported that Isaac Larian recently offered to combine his MGA Entertainment with Mattel and put himself at the helm of the merged company, which Mattel declined... Yelp (YELP), up 3% after B. Riley FBR upgraded the stock to Buy with a $58 price target. DOWN AFTER EARNINGS: Nordstrom (JWN), down 7%... Applied Materials (AMAT), down 7%. ALSO LOWER: Campbell Soup (CPB), down 10% after reporting earnings, lowering its FY18 earnings view and announcing CEO Denise Morrison has chosen to retire... Baidu (BIDU), down 5% after announcing COO Qi Lu will step down and the stock being downgraded to Neutral from Outperform at Credit Suisse... Insys Therapeutics (INSY), down 7% after the FDA posted documents in advance of an advisory committee meeting to discuss a new drug application from Insys for a sublingual spray formulation of buprenorphine... Square (SQ), down 3% as analysts highlight that PayPal's (PYPL) acquisition of iZettle could elevate the competitive landscape for the company, particularly outside the U.S.

09:09 EDT Campbell Soup falls further during earnings call, now down over 8% - Shares are now down 8.36% or $3.28 per share to $35.96.

09:06 EDT Insys shares slide after FDA staff does not support acute pain use for Buvaya - Shares of Insys Therapeutics (INSY) are moving lower in pre-market trading after the FDA posted documents in advance of the joint meeting of AADPAC and DSaRM to discuss a new drug application from Insys for a sublingual spray formulation of buprenorphine with the proposed indication of the management of acute pain severe enough to require an opioid analgesic and for which alternative treatments are inadequate. The proposed tradename for this product is Buvaya. The briefing document prepared by the FDA staff states: "In conclusion, the Applicant's efficacy data demonstrate superiority of BSS over placebo for all doses tested, however time to onset of analgesia is later than is optimal for a drug intended to treat acute pain and the need for rescue analgesic was high. From a safety perspective, there is an unexpectedly high rate of nausea, vomiting and dizziness for BSS. And the Applicant showed in a comparative safety study that rates for BSS are markedly higher than rates for other opioids used in similar acute pain settings. The totality of data submitted by the Applicant does not support the use of this product in an acute pain setting, based on both efficacy and safety findings." In pre-market trading, Insys shares are down 39c, or 5%, to $6.95. Reference Link

09:04 EDT Novvi, Chevron enter agreement to develop renewable base oil technologies - Amyris (AMRS) and Chevron Products Company, a division of Chevron U.S.A. (CVX), announced that Novvi LLC and Chevron have entered into an agreement to jointly develop and bring to market novel renewable base oil technologies. Terms of the transaction were not disclosed. Novvi is a venture of Amyris, American Refining Group, Chevron U.S.A. Inc., Cosan S.A. Industria e Comercio, and Hansen & Rosenthal Group.

09:02 EDT Flowserve names Lanesha Minnix chief legal officer - Flowserve Corporation announced that Lanesha Minnix will join Flowserve as SVP and chief legal officer, beginning Monday, June 11. Minnix will join Flowserve from BMC Stock Holdings, where she served as SVP, general counsel and corporate secretary, since 2017. In this role, she had responsibility for all legal, compliance and risk management matters for the company.

09:01 EDT Nano Dimension co-chairman takes leave of absence amid police investigation - Nano Dimension announced last night that Itzchak Shrem, the co-chairman of its board, notified the company that he is taking a leave of absence from his role as co-chairman until further clarity on the police investigation. Avi Reichental, co-chairman of the board, will act as chairman. Nano Dimension disclosed Wednesday that it was made aware of a police investigation, pursuant to which Shrem was detained for questioning and later released under restrictive conditions. Isreal's The Globes reported that Shrem and two others were arrested on suspicions of money laundering, aggravated fraud and securities offenses.

09:01 EDT Bed Bath & Beyond says President and CMO Arthur Stark departs from company - In a regulatory filing, Bed Bath & Beyond said that Arthur Stark, President and Chief Merchandising Officer of the company, departed from the company on May 17. "It is expected that on or about June 4, Stark will commence an uncompensated role as Senior Advisor to our CEO," the company said.

08:57 EDT Campbell Soup sees FY18 gross margin percentage negative 3% - Sees FY18 Capex $440M. The company anticipates cost savings program $75M-$85M.

08:55 EDT Tenneco names Jason Hollar CFO - Tenneco announced that its board of directors has appointed Jason Hollar as CFO effective July 1, 2018. He will succeed Ken Trammell, EVP as part of a planned succession. With the announced Federal-Mogul transaction, Trammell will extend his retirement date, and step down as CFO but continue in a broader leadership role on the transaction through closing and preparation for the separation into two new stand-alone companies. Hollar joined Tenneco in 2017 as SVP, finance.

08:47 EDT Enbridge Energy Management confirms Enbridge offer - Enbridge Energy Management (EEQ) announced that it has received a non-binding offer from Enbridge (ENB) to acquire all of the outstanding equity securities of EEQ not currently beneficially owned by Enbridge. The board of directors of Enbridge Management has established a special committee of independent directors to review and consider the proposal.

08:42 EDT Campbell Soup confident in achieving targeted cost synergies

08:40 EDT Campbell Soup sees headwinds for FY19, portfolio review has just begun - Comments from Q3 Campbell Soup earnings conference call.

08:36 EDT Patrick Industries increases stock repurchase program to $50M - Patrick Industries announced that its Board of Directors approved an increase in the amount of the Company's common stock that may be acquired over the next 24 months under the Company's current stock repurchase program to $50M, including the amount remaining under the previous authorization.

08:32 EDT Standard Motor announces new $20M repurchase program - Standard Motor announced that its Board of Directors has authorized the purchase of up to $20M of its common stock under a stock repurchase program. The stock repurchase program may be suspended or discontinued at any time.

08:30 EDT 60 Minutes previews upcoming feature on 'Power of Google' - In a press release previewing the 60 Minutes program to be aired on Sunday, May 20, the newsmagazine noted that Steve Kroft will report on "the power of Google, its critics who say the company has stifled competition, and an antitrust enforcer who is taking action." Reference Link

08:18 EDT Baidu says Qi Lu will no longer serve as COO - Baidu announced earlier that Qi Lu will no longer serve as chief operating officer of the company starting in July and will continue to serve as vice chairman of the board of directors. "I have deeply enjoyed working with Robin and my team at Baidu. I'm honored to have participated in Baidu's transition into an AI-first company. Due to personal and family reasons, I am no longer able to work in China on a full-time basis. Baidu is a great company with strong talent and deep technologies. I am highly optimistic on Baidu's future and will continue to support Baidu, while spending more time with my family in the U.S.," said Qi Lu. Also today, Baidu announced that Haifeng Wang has been promoted to senior vice president and general manager of Baidu's AI Group.

07:36 EDT Dell Technologies continues to evaluate potential business opportunities - Dell Technologies (DVMT) last night in a regulatory filing said it continues to evaluate potential business opportunities, including a potential public offering of shares of DHI Common Stock of Dell, a potential business combination between Dell and VMware (VMW), and a potential conversion of shares of Class V common stock of Dell into shares of DHI Common Stock of Dell. It added, "Dell is also considering maintaining the status quo. The potential business opportunities currently being evaluated by Dell do not include the sale to a third party of Dell or VMware." In connection with the review, the Dell board previously established a special committee comprised of two independent directors. The company said, "The Special Committee is empowered to act solely in the interests of the holders of Class V Common Stock. Any business opportunity that would require that the Class V Common Stock be modified, converted or exchanged other than pursuant to the existing terms of Dell's certificate of incorporation would be irrevocably conditioned on both the unanimous approval of the Special Committee and the affirmative vote of a majority of the outstanding shares of Class V Common Stock held by unaffiliated shareholders. The Special Committee has retained Evercore Group L.L.C. as its financial advisor, and Evercore may seek to contact investors in the Class V Common Stock to solicit their perspectives."

07:35 EDT Apollo Investment names Howard Widra CEO - Apollo Investment (AINV) announced that it has made two executive officer appointments. Howard Widra, who has served as president of the company since June 2016 has been appointed CEO, succeeding James Zelter, who has served as CEO since 2006. Zelter will continue to serve as a director and Widra has been named a director. Tanner Powell has been appointed president of company filling the vacancy created by Widra's appointment. Powell will also continue to serve as CIO for the company's investment adviser. These appointments reflect Messrs. Widra and Powell's ongoing contributions to the successful execution of the company's portfolio repositioning plan over the past two years. Powell has been with Apollo Global Management (APO) since 2006.

07:32 EDT Homology Medicines presents data from PKU gene therapy program at ASGCT - Homology Medicines announced the presentation of data from its gene therapy and gene editing programs at the 21st Annual Meeting of the American Society of Gene & Cell Therapy. New data presented from Homology's HMI-102 program, a gene therapy for phenylketonuria in IND-enabling studies, demonstrate its potential as a one-time treatment designed to restore the normal metabolic pathway in PKU. The company expects to initiate a Phase 1/2 clinical trial with HMI-102 in adult PKU patients and have initial data in 2019. Homology scientists also presented data for the first time that show phenotypic correction in a commonly used model of PKU following treatment with its nuclease-free gene editing approach that harnesses the body's natural DNA repair mechanism of homologous recombination. In another presentation, the Company demonstrated that its adeno-associated virus vectors derived from human hematopoietic stem cells have the ability to transfer and express genes in the retina following local injection in a preclinical model.

07:22 EDT Centene unit awarded correctional healthcare contract In Tucson, Arizona - Centene announced that the Pima County Arizona Board of Supervisors voted unanimously to award Centurion Detention Health Services a contract to provide comprehensive healthcare services to detainees of the County's adult and juvenile detention facilities located in Tucson, Arizona. The contract will be administered by the County's Department of Behavioral Health and is expected to commence July 1, 2018, with a base term of three years, plus two optional years to renew. Under the contract, Centurion will place approximately 108 full-time equivalent employees at the County's detention facilities to provide a wide array of medical, dental, and behavioral health services to the County's daily population of approximately 1,900 detainees.

07:13 EDT Valeritas announces 'positive' clinical results across 2 new studies of V-Go - Valeritas Holdings announced positive results were shared from two new studies during poster presentations at the American Association of Clinical Endocrinologists Annual Scientific and Clinical Congress held in Boston, Massachusetts. "Study 1 (Poster 287) - Short-term Evaluation Demonstrates Improved Glycemic Control with New Insulin Delivery Device." This 3 month evaluation was conducted in 60 patients with type 2 diabetes across multiple endocrine clinics within the Southern California Kaiser Permanente Group to study if simplifying insulin delivery with a new insulin delivery device (V-Go) resulted in improved glycemic control in patients who were uncontrolled on prior regimens. "Study 2 (Poster 220) - 24-Hour Wearable Basal-Bolus Insulin Delivery Device Improves Time in Range and Treatment Satisfaction over Multiple Daily Injections- A Pilot Study." This prospective pilot study used continuous glucose monitoring technology to compare blood glucose time in range for an insulin regimen consisting of 3 or more insulin injections/day to time in range after switching to V-Go for basal-bolus insulin delivery.

07:03 EDT AAON announces $15M stock buyback program - The AAON board authorized the company to make up to $15M in purchases of shares of the company's common stock in accordance with a pre-arranged stock repurchase plan adopted by the company in accordance with the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Repurchases under the company's 10b5-1 plan will be administered through an independent broker and will cover the repurchase of shares commencing June 1, 2018 and expiring March 1, 2019. Repurchases are subject to SEC regulations as well as certain market volume, price and timing limitations as set forth in the 10b5-1 plan. All shares repurchased under the plan will be restored to the status of authorized but unissued stock.

07:01 EDT Vitamin Shoppe CFO Brenda Galgano resigns, Bill Wafford to succeed - Vitamin Shoppe announced that Brenda Galgano, EVP and CFO has resigned her position effective June 5, 2018 to take a position at another company. In connection with Galgano's resignation, Bill Wafford, currently SVP Business Development and Strategy will be named EVP, CFO. Prior to joining the company in July 2017, Wafford was a partner with KPMG Advisory from 2015 to July 2017.

06:50 EDT TransUnion to acquire Healthcare Payment Specialists, terms not disclosed - TransUnion is boosting its healthcare solutions with the purchase of Healthcare Payment Specialists, a leader in helping healthcare providers optimize Medicare reimbursement. The acquisition is anticipated to close in the second quarter of 2018 pending regulatory approval. TransUnion was advised on the transaction by Baird.

06:33 EDT Seaspan accepts delivery of CMA CGM Mumbai containership - Seaspan announced that it has accepted delivery of the CMA CGM Mumbai, a 10000 TEU containership that will commence a fixed rate time charter with CMA CGM S.A. for a three year term with an option to extend for an additional three years. The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding and Jiangsu New Yangzi Shipbuilding is the third in a series of four 10000 TEU vessels under time charter to CMA CGM that are scheduled to deliver in the first half of 2018.

06:11 EDT Intel's Mobileye testing 100 self-driving cars in Jerusalem - Intel says in a blog post: "The first phase of the Intel and Mobileye 100-car autonomous vehicle fleet has begun operating in the challenging and aggressive traffic conditions of Jerusalem. The technology is being driven on the road to demonstrate the power of the Mobileye approach and technology, to prove that the Responsibility-Sensitive Safety model increases safety, and to integrate key learnings into our products and customer projects. In the coming months, the fleet will expand to the U.S. and other regions. While our AV fleet is not the first on the road, it represents a novel approach that challenges conventional wisdom in multiple areas. Leveraging over 20 years of experience in computer vision and artificial intelligence, our vehicles are proving the Mobileye-Intel solution is the most efficient and effective."

06:05 EDT Strategy Analytics: Amazon's smart speaker share fell below 50% in Q1 - According to the latest quarterly research from Strategy Analytics, global smart speaker shipments reached 9.2 million units in Q1 2018. Amazon (AMZN) is estimated to have shipped 4 million smart speakers during the quarter though its global market share has nearly halved from the same period last year. Google (GOOG, GOOGL) and Alibaba (BABA) consolidated their number two and three rankings while Apple (AAPL) became the fourth largest smart speaker brand worldwide following the launch of the HomePod in February 2018. According to the research firm, Google shipped 2.4M smart speakers, Alibaba shipped 700,000 and Apple shipped 600,000 in Q1.

05:57 EDT AstraZeneca down 1.7% after reporting Q1 results

05:24 EDT KKR, Triton sell Mehilainen to CVC Capital Partners, terms not disclosed - Funds advised by Triton and KKR announced the sale of Mehilainen, a provider of private health care and social services in Finland, to CVC Capital Partners. The terms of the transaction are undisclosed. The sale is subject to regulatory approval. Triton and KKR acquired Mehilainen in March 2010 as joint investors on a 50-50 basis. KKR's investment was made through its European Private Equity Fund III.