Stockwinners Market Radar for June 08, 2018 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

18:41 EDT Marin Software to switch stock exchange listing to Nasdaq from NYSE - Marin Software announced that it will transfer its stock exchange listing from The New York Stock Exchange to the Nasdaq Global Market. Marin Software will continue to be listed under the ticker symbol "MRIN" and expects that its common stock will commence trading as a Nasdaq-listed security on June 20.

18:15 EDT S&P announces changes to S&P 400, 500, 600 indices - S&P Dow Jones Indices will make the following index adjustments to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 to ensure each index more appropriately represents its market capitalization range. All companies moving to the S&P 500 have total market capitalizations above $13B. All companies moving to the S&P MidCap 400 and S&P SmallCap 600 are more appropriate for those indices. The changes will be effective prior to the open of trading on Monday, June 18 to coincide with the June rebalance. S&P MidCap 400 constituents HollyFrontier (HFC) and Broadridge Financial Solutions (BR) will switch places with Acuity Brands (AYI) and Range Resources (RRC) respectively in the S&P 500. S&P SmallCap 600 constituents Chemed (CHE) and Haemonetics (HAE) will switch places with Endo International (ENDP) and Cooper Tire & Rubber (CTB) respectively in the S&P MidCap 400. Franklin Financial Network (FSB) will replace The Finish Line (FINL) in the S&P SmallCap 600 effective prior to the open on Monday, June 18. JD Sports Fashion Plc is acquiring The Finish Line in a deal expected to be completed on or about that date pending final approvals.

18:06 EDT Dillard's VP sells 10,000 common shares - In a regulatory filing, Dillard's vice president Michael S. McNiff disclosed the sale of 10,000 common shares of the company at a price of $93.31 per share.

18:01 EDT Celanese initiates cost assessment of logistics policies, services - Celanese Corporation announced that due to continued and projected escalating cost increases for logistics services, the company has begun a comprehensive assessment of all logistics policies for all products to ensure that processes and services are conducted in the most efficient and economical manner. Upon conclusion of this assessment, Celanese expects to issue a new framework with guidelines regarding shipments and services in order to best address the increasing costs for freight as well as limited availability of truck carrier capacity. While this assessment is ongoing, Celanese today announces that, effective immediately, it will implement a price increase of $0.03/lb on all truck shipments of the following acetyl intermediate products being sent from or delivered to the U.S. or Canada, subject to any applicable contractual commitments: all grades of Formaldehyde and Paraformaldehyde; all grades of MIBC and MIBK; all grades of Ethylene Vinyl Acetate; all grades of Emulsion Polymers. Implementing the above price increases is necessary at this time given the increasing costs and fees that Celanese has already begun to incur for freight and in order to secure truck carrier capacity to deliver shipments of the above products to customers in the U.S. and Canada. Celanese may also impose additional charges for rush orders or customer requests for changes to orders which are made 72 hours or less prior to the estimated shipment date.

17:47 EDT Amazon.com to open second Oklahoma fulfillment center in Tulsa - Amazon.com announced plans to open its second Oklahoma fulfillment center in Tulsa, which will create 1,500 full-time jobs with opportunities for employees to engage with robotics technology. The company recently announced an upcoming fulfillment center in South Oklahoma City. Amazon currently operates a sortation center in Oklahoma City, where it employs hundreds of associates.

17:26 EDT Walmart EVP sells 8,005 common shares - In a regulatory filing, Walmart executive vice president Jacqueline P. Canney disclosed the sale of 8,005 common shares of the company at a price of $84.51 per share.

17:24 EDT Franklin Financial Network to replace Finish Line in S&P 600 at open on June 18 - JD Sports Fashion Plc is acquiring The Finish Line in a deal expected to be completed on or about that date pending final approvals.

17:22 EDT Chemed to replace Endo in S&P 400 at open on June 18

17:21 EDT Broadridge to replace Range Resources in S&P 500 at open on June 18

17:20 EDT HollyFrontier to replace Acuity Brands in S&P 500 at open on June 18

17:15 EDT Cleveland Capital reports 5.4% passive stake in Christopher & Banks

17:11 EDT Harris awarded $400M government contract modification - Harris Corp. has been awarded a $400,000,000 fixed-price-incentive-firm contract modification to a previously awarded contract, for all functions required to support foreign military sales Advanced Integrated Defensive Electronic Warfare Suite customers' production requirements. This contract provides for the production of the AN/ALQ-211V 4/8/9 AIDEWS systems, software and associated support equipment for Electronic Combat International Security Assistance program customers. This effort also provides the AN/ALE-47 countermeasures dispensing systems for AIDEWS V4 users; ALE-47 threat adaptive countermeasure dispensing systems for AIDEWS V8 users; and the associated support equipment. Work will be performed in Clifton, New Jersey. The award of the basic indefinite-delivery/indefinite-quantity contract was made on Nov. 18, 2016, and only had pricing and requirements for the basic year. This modification incorporates range pricing for various quantity ranges and various part numbers for multiple configurations of the AN/ALQ-211. This modification increases the contract ceiling from $91,000,000 to 491,000,000. This award is the result of a sole-source acquisition and involves foreign military sales. Air Force Life Cycle Management Center, Robins Air Force Base, Georgia, is the contracting activity.

17:09 EDT Boeing awarded $862.25M government contract modification - Boeing is awarded $862,249,233 for modification P00021 to a previously awarded fixed-price-incentive-firm target contract for the procurement of 15 F/A-18E and 3 F/A-18F Lot 42 full rate production aircraft for the Navy. Work will be performed in El Segundo, California; St. Louis, Missouri; Fort Wayne, Texas; Mesa, Arizona; Torrance, California; Ontario, Canada; Greenlawn, New York; Independence, Ohio; Irvine, California; Bloomington, Minnesota; and various locations throughout the U.S., and is expected to be completed in June 2020. Fiscal 2018 aircraft procurement funds in the amount of $862,249,233 are being obligated at time of award, none of which will expire at the end of the current fiscal year. The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity.

17:01 EDT Kraton announces price increase of $200/MT for HSBC polymers - Kraton announces a general price increase of $200/MT for all Kraton HSBC polymers. Subject to the terms of any applicable contracts, these price increases will take effect June 15, 2018.

16:49 EDT Artal International reports 9.5% passive stake in Scholar Rock

16:40 EDT Pegasystems director Kaplan sells 10,000 common shares - In a regulatory filing, Pegasystems director Steven F. Kaplan disclosed the sale of 10,000 common shares of the company at a price of $65.16 per share.

16:30 EDT iBio completes 1-for-10 reverse stock split - iBio announced that its previously announced 1-for-10 reverse stock split of common stock became effective today at 4:10 p.m. The company's common stock will continue to trade on the NYSE American under the symbol "IBIO" under a new CUSIP number: 451033 203. The company's common stock will begin trading on a split-adjusted basis when the market opens on June 11, 2018.

16:26 EDT TPG Group Holdings Advisors reports 15.96% stake in Assurant

16:20 EDT Origin Bancorp announces exit from SBLF - Origin Bancorp, Inc. announced that it has redeemed all of the outstanding shares of its Senior Non-Cumulative Perpetual Preferred Stock, Series SBLF, liquidation amount $1,000 per share, which had been issued to the United States Department of the Treasury in July 2011 as a part of the Treasury's Small Business Lending Fund program. The program was a $30B voluntary program designed to encourage small business lending by providing capital to qualified community banks. The aggregate redemption price of the SBLF Preferred Stock was approximately $49.1M, including dividends accrued but unpaid to, but not including, the redemption date. The redemption of the SBLF Preferred Stock terminates Origin's participation in the Small Business Lending Fund program.

16:17 EDT SLM Corp. CFO sells 95,584 common shares - In a regulatory filing, SLM Corp. EVP and CFO Steven McGarry disclosed the sale of 95,584 common shares of the company at a price of $11.882 per share.

16:16 EDT United Airlines reports May traffic up 6.7% - United Airlines reported May 2018 operational results. UAL's May 2018 consolidated traffic increased 6.7% and consolidated capacity increased 4.2% versus May 2017. UAL's May 2018 consolidated load factor increased 2.0 points compared to May 2017.

16:10 EDT Frazier Healthcare VII reports 11% stake in Iterum Therapeutics

16:06 EDT Verifone withdraws previously issued guidance for FY18 - As previously announced, on April 9, 2018, an investor group led by Francisco Partners, a leading technology-focused private equity firm, entered into a definitive agreement to acquire Verifone in an all-cash transaction for total consideration of approximately $3.4B, which includes Verifone's net debt. Under the terms of the merger agreement, Verifone stockholders will receive $23.04 per share in cash upon closing of the transaction. For further information on the transaction and the related merger agreement, please refer to Verifone's Current Report on Form 8-K filed with the U.S. SEC on April 9, 2018, and Verifone's definitive proxy statement on Schedule 14A filed with the SEC on May 21, 2018. Given the announcement regarding Verifone's acquisition by an investor group led by Francisco Partners, Verifone will not host an earnings conference call, provide financial guidance or publish supplemental financial presentation slides. Verifone is also withdrawing its previously issued financial guidance for fiscal year 2018.

16:02 EDT iBio receives noncompliance notice from NYSE - iBio announced that on June 6, 2018, the company received a letter from NYSE American LLC stating that it is not in compliance with the continued listing standards as set forth in Section 1003aiii of the NYSE American Company Guide, which applies if a listed company has stockholders' equity of less than $6,000,000 and has sustained losses from continuing operations and/or net losses in its five most recent fiscal years. The Exchange indicated that a review of the company shows that it is below compliance with Section 1003aiii since it reported stockholders' equity of $4.2M as of March 31, 2018 and net losses in its five most recent fiscal years. In order to maintain its listing, the company must submit a plan of compliance by July 6, 2018 addressing how it intends to regain compliance with Section 1003aiii of the company Guide by December 6, 2019. If the plan is accepted, the company may be able to continue its listing but will be subject to periodic reviews by the Exchange. If the plan is not accepted or if it is accepted but the company is not in compliance with the continued listing standards by December 6, 2019, or if the company does not make progress consistent with the plan, the Exchange will initiate delisting procedures as appropriate.

14:56 EDT AbbVie says FDA approves VENCLEXTA - AbbVie announced the U.S. Food and Drug Administration has approved, under priority review, VENCLEXTA in combination with rituximab for the treatment of patients with chronic lymphocytic leukemia or small lymphocytic lymphoma, with or without 17p deletion, who have received at least one prior therapy. The approval is based on MURANO Phase 3 clinical trial data which demonstrated a significant improvement in progression-free survival for relapsed/refractory CLL patients, reducing the risk of disease progression or death by 81 percent when compared to bendamustine in combination with rituximab, a standard of care chemoimmunotherapy regimen.

14:38 EDT Acorda jumps on optimism of favorable Ampyra patent ruling - Shares of Acorda Therapeutics are rallying following yesterday's appeals court hearing the company's Ampyra patent. Investor discussions around the hearing suggest Acorda can delay Ampyra's generic entry from July 2018 out to the 2020-2025 timeframe, Jefferies analyst Michael Yee tells investors in a research note. A final court decision is expected sometime in the second half of 2018. The analyst estimates that each two years of added protection over 2018 for the multiple sclerosis drug is worth around $6 per share. As such, today's stock reaction may imply investors are ascribing a good probability that Acorda wins the appeal, Yee contends. The analyst cautions, however, that management's base case scenario and guidance assumes a loss of exclusivity after July. Yee has a Hold rating on Acorda Therapeutics with a $25 price target. The stock in afternoon trading is up 15%, or $4.10, to $32.00.

13:06 EDT CPPIB enters into agreement to invest $600M in Ant Financial - Canada Pension Plan Investment Board announced that it entered into a definitive agreement to invest approximately $600M in Ant International, a wholly-owned off-shore subsidiary of Ant Small and Micro Financial Services Group, a tech company dedicated to using technology to bring the world equal opportunities. "China's growing online financial market presents meaningful opportunities for leading participants like Ant Financial," said Suyi Kim, Senior Managing Director, Head of Asia Pacific, CPPIB. "Through this investment, CPPIB is able to contribute to Ant Financial's efforts to provide a full range of products and services to empower financial institutions and other partners both globally and in China, where it will further transform financial systems through innovation in technology."

13:03 EDT Baker Hughes reports U.S. rig count up 2 to 1,062 rigs - Baker Hughes reports that the U.S. rig count is up 2 rigs from last week to 1,062, with oil rigs up 1 to 862, gas rigs up 1 to 198 and miscellaneous rigs unchanged at 2. The U.S. Rig Count is up 135 rigs from last year's count of 927, with oil rigs up 121, gas rigs up 13 and miscellaneous rigs up 1 to 2. The U.S. Offshore Rig Count is up 1 rig to 20 and down 2 rigs year-over-year. The Canada Rig Count is up 13 rigs from last week to 112, with oil rigs up 13 to 69 and gas rigs unchanged at 43. The Canada Rig Count is down 20 rigs from last year's count of 132, with oil rigs down 5 and gas rigs down 15.

13:00 EDT Synaptics jumps 11% to $47.11 after Bloomberg report of Dialog deal talks

12:46 EDT Autoliv says Veoneer names Jan Carlson as chairman post-spinoff - Autoliv announces that Veoneer has named Jan Carlson its Chairman following the completion of the spin-off. Jan Carlson has been President and CEO of Veoneer since April 1, 2018. Also, the registration statement filed by Veoneer with the SEC became effective and the prospectus submitted to the Swedish Financial Supervisory Authority in Sweden was approved and registered on June 8. On May 24, 2018, Autoliv announced that its board of directors approved a pro rata distribution to Autoliv stockholders of all of the outstanding shares of Veoneer. The spin-off is expected to be completed on June 29, 2018.Following the completion of the spin-off, Jan Carlson will be the Chairman of the board of directors of Veoneer and will remain Chairman of the board of directors of Autoliv. Board members of Veoneer will be: Jan Carlson, Robert W. Alspaugh, Mary Louise Cummings, Mark Durcan, James M. Ringler, Kazuhiko Sakamoto, Jonas Synnergren and Wolfgang Ziebart. Mikael Bratt, current President of Autoliv's Passive Safety business segment, will as previously announced assume the position of President and CEO for Autoliv following the completion of the spin-off. As previously announced, board members of Autoliv will be: Jan Carlson, Hasse Johansson, Leif Johansson, David E. Kepler, Franz-Josef Kortum, Xiaozhi Liu and Ted Senko.

12:16 EDT Citron puts $16 price target on shares of PolarityTE - Citron Research just tweeted, "No reason to commit fraud like $MDXG when you can just promote your stock with NOTHING like $COOL. Just read the filings and misrepresentations from $COOL management. Another (516) (561) promo. TGT price $16....where they raised $ just 2 months ago."

12:00 EDT FTS International falls -6.2% - FTS International is down -6.2%, or -$1.07 to $16.05.

12:00 EDT Covia falls -8.6% - Covia is down -8.6%, or -$2.09 to $22.21.

12:00 EDT HUYA rises 9.4% - HUYA is up 9.4%, or $2.82 to $32.69.

11:53 EDT Clean Energy shareholders approve Total's equity investment - Clean Energy Fuels (CLNE) shareholders approved, by over 97% of the shares present at the company's annual shareholders meeting, the purchase by Total Marketing Services S.A., a wholly owned subsidiary of Total S.A. (TOT), of 50.8 million shares of Clean Energy's common stock for gross proceeds of $83.4M. The purchase and sale of the shares is expected to close on or about June 13. Total's acquisition will represent 25% of Clean Energy's outstanding shares and will make it Clean Energy's largest shareholder. The investment will also allow Total to nominate two members to Clean Energy's board of directors. In a separate transaction, Clean Energy, with support from Total, expects to launch an innovative truck finance program to eliminate the incremental cost differential between the purchase of a natural gas truck equipped with the world's cleanest engine and its diesel counterpart. Expected to launch during the third quarter of 2018, the program would also guarantee a five-year fixed discounted price for Clean Energy-supplied natural gas fuel, allowing heavy-duty truck fleets to immediately achieve sustainability goals at the price and ease of operating diesel trucks. Total intends to provide up to $100M of credit support for the program.

11:44 EDT Inmarsat confirms, then rejects, EchoStar takeover bid - Inmarsat (IMASY) confirms that it received a "highly preliminary and indicative non-binding proposal" from EchoStar (SATS) in relation to the potential acquisition of the entire company. Inmarsat said, "After carefully considering the Proposal with its advisers the Board rejected the Proposal on the basis that it very significantly undervalued Inmarsat and its standalone prospects. The Board remains highly confident in the independent strategy and prospects of Inmarsat."

11:40 EDT Inmarsat rejects takeover offer from EchoStar

11:06 EDT Box Office Battle: 'Ocean's 8' looks to steal top spot from 'Solo' - After earning $4M domestically from Thursday night previews, Time Warner's (TWX) Warner Bros. "Ocean's 8" is expected to top this weekend's box office. The action/adventure heist flick, starring Sandra Bullock, Cate Blanchett, Anne Hathaway, and Rihanna that takes place in the same cinematic universe as the "Ocean's Eleven" trilogy, is expected to earn $45M-$50M, although Box Office Mojo said they wouldn't be surprised to see it open higher. Warner Bros., meanwhile, has the film tracking for a $35M-$40M opening. Disney's (DIS) Han Solo origin tale "Solo: A Star Wars Story" is expected to be the runner up in its third weekend at theaters. The "Star Wars" spin-off, starring Alden Ehrenreich as the titular hero and Donald Glover as Lando Calrissian, is expected to earn $14M-$15M domestically this weekend, pushing the film's domestic gross to about $175M. 21st Century Fox's (FOX, FOXA) R-rated "Deadpool 2," starring Ryan Reynolds, is expected to earn $13M over the weekend, its fourth at theaters. Other publicly traded companies in filmmaking include Comcast (CMCSA, CMCSK), Disney (DIS), Lionsgate (LGF.A, LGF.B), Sony (SNE), Time Warner (TWX), and Viacom (VIA, VIAB).

10:13 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. BITMAIN CEO CONSIDERS IPO: Bitmain Technologies CEO Jihan Wu is pursuing an expansion beyond the crypto market that could eventually lead to an initial public offering, Bloomberg reported Thursday. Wu told Bloomberg that the company booked $2.5B of revenue last year, that he and co-founder Micree Zhan together own a roughly 60% of Bitmain and that he has a smaller holding than Zhan. He added that while he has no specific plans, he's open to a listing in Hong Kong or in an overseas market with U.S.-dollar denominated shares as it would give investors like Sequoia Capital and IDG Capital the chance to cash out. 2. SEC NAMES DIGITAL ASSETS ADVISOR, SAYS CRYPTOCURRENCIES ARE NOT SECURITIES: On Tuesday, the SEC named Valerie Szczepanik associate director of the division of corporation finance and senior advisor for digital assets and innovation for division director Bill Hinman. In this newly-created advisory position, Szczepanik will coordinate efforts across all SEC divisions and offices regarding the application of U.S. securities laws to emerging digital asset technologies and innovations, including initial coin offerings and cryptocurrencies. In a CNBC interview, SEC chairman Jay Clayton said the agency will not be changing the rules for cryptocurrency when it comes to defining securities. He added that the agency is also not adjusting rules for ICOs saying, "If you have an ICO or a stock, and you want to sell it in a private placement, follow the private placement rules. If you want to do any IPO with a token, come see us." Clayton also reiterated that all ICOs constitute securities and that "if it's a security, we're regulating it." 3. COINBASE 'ON TRACK' FOR BROKER-DEALER OPERATIONS, ACQUIRES COMPANIES: In a blog post, Coinbase said it is on track to operate a regulated broker-dealer, pending approval by federal authorities. If approved, Coinbase will soon be capable of offering blockchain-based securities, under the oversight of the SEC and FINRA. Coinbase, which also announced that it acquired Keystone Capital, Venovate Marketplace and Digital Wealth, said securing these licenses will "bring us a step closer to our goal, which is to be the most trusted way for our customers to buy, sell, and use many different types of crypto assets." 4. SEVEN STARS FORMS JV WITH C4DR: Seven Stars Cloud (SSC) announced a joint venture with The Centre for Digital Revolution, or C4DR, to "establish and develop the premier global standards of issuance, sales and distribution of digital assets, with operations out of the UK and mainland Europe." 5. DPW REDUCES DEBT WITH BITCOIN: DPW Holdings (DPW) announced that it has used Bitcoin to reduce the company's debt. DPW incurred new debt recently to support the purchase of Enertec Systems 2001 by another of its subsidiaries Coolisys Technologies. DPW has made a payment of $500,000 towards this new debt thus leveraging the mined Bitcoin through a non-dilutive transaction to shareholders. 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, Kodak (KODK), Seven Stars Cloud, 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 rose about 2.2% this week to $7,582 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.

09:56 EDT General Electric rallies after keeping quarterly dividend unchanged - Shares of General Electric are moving higher after the company's board declared a 12c per share quarterly dividend, which is unchanged from prior levels. The dividend is payable Wednesday, July 25, to shareowners of record at the close of business on Monday, June 18. GE is up 14c to $13.91 in morning trading. JPMorgan analyst Stephen Tusa, as recently as this week, said the company's need for cash could lead to a dividend cut.

09:44 EDT General Electric declares regulatory quarterly dividend of 12c - General Electric's board declared a 12c per share dividend on the outstanding common stock of the company. The dividend is payable Wednesday, July 25, to shareowners of record at the close of business on Monday, June 18. The ex-dividend date is Friday, June 15.

09:05 EDT Owens Realty Mortgage urges holders to vote 'FOR' company's slate of nominees - Owens Realty Mortgage announced that it has filed with the SEC its definitive proxy materials in connection with the Company's 2018 Annual Meeting of Stockholders and is mailing the definitive proxy materials to its stockholders. The Company's stockholders of record as of the close of business on May 31, 2018, will be entitled to vote at the 2018 Annual Meeting, which will be held at 10:00 a.m. Pacific Daylight Time, on July 16, 2018. The Company's board of directors also sent a letter to stockholders urging them to vote on the WHITE proxy card "FOR" the Company's highly qualified slate of nominees.

09:03 EDT Corindus announces PMDA approval of CorPath GRX System in Japan - Corindus Vascular Robotics announced that it received Pharmaceutical and Medical Device Agency Approval for commercialization of its CorPath GRX System in Japan. Japan is one of the largest markets in the world for percutaneous coronary interventions with approximately 250,000 PCI procedures performed annually. Corindus is actively pursuing reimbursement for robotic PCI through the Japanese insurance system and plans a post-market study of CorPath GRX. In early 2017, Corindus announced a strategic relationship with Japan Medicalnext, a wholly-owned entity of MC Healthcare, to become the exclusive distributor of Corindus products in Japan, bringing robotic precision and control to the large and growing PCI segment of the Japanese healthcare market.

09:01 EDT Amgen announces EC approves new indication for analyst day - Amgen announced that the European Commission has approved a new indication for Prolia for the treatment of bone loss associated with long-term systemic glucocorticoid therapy in adult patients at increased risk of fracture. The EC approval is based on the positive results of a Phase 3 study that evaluated the safety and efficacy of Prolia compared with risedronate in patients receiving glucocorticoid treatment. The U.S. FDA approved the expanded indication of Prolia for the treatment of osteoporosis associated with newly initiating or sustained systemic glucocorticoid therapy in men and women at high risk of fracture on May 18.

08:50 EDT Immune Pharmaceuticals announces receipt of Nasdaq listing determination - Immune Pharmaceuticals announced that it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market indicating that the company's failure to regain compliance with the minimum $1.00 bid price requirement by May 30, 2018, could serve as a basis for the delisting of the company's common stock from The Nasdaq Capital Market unless the company timely requests a hearing before the Nasdaq Hearings Panel. The Company plans to timely request a hearing before the Panel, which request will stay the suspension of the Company's securities and any delisting action by the Staff at least pending the issuance of the Panel's decision following the hearing and the expiration of any extension period that may be granted by the Panel. At the hearing, Immune will present its plan to evidence compliance with the bid price requirement and request an extension of time within which to do so. Immune continues to execute its strategic plan for the development of its core assets. Further, the Company continues to actively explore strategic options with respect to its oncology and other non-core assets. In addition, the Company is initiating a search for a non-executive Chairman and additional members of its Board of Directors to provide support, leadership, expertise and experience as management and the Board work towards building investor confidence in the Company's ability to capitalize on the opportunities inherent in its pipeline. The Company's common stock will continue to trade on Nasdaq under the symbol "IMNP" at least pending the conclusion of the hearing process. Immune intends to provide a further update when additional relevant information becomes available.

08:35 EDT Altice, Altice USA announce implementation of planned separation - Altice (ATCEY) and Altice USA (ATUS) announce that the planned separation of Altice USA from Altice has been implemented. The Separation took place by way of a special distribution in kind by Altice NV of its 67.2% interest in Altice USA to Altice NV shareholders out of Altice NV's share premium reserve. Altice NV instructed its agent to transfer to each shareholder of Altice NV as of 18:00 CET on May 23, 2018, the Distribution record date, 0.4163 shares of Altice USA common stock for every share held by such shareholder in Altice NV's capital on the Distribution record date. Following the Distribution, there will be 489,384,523 shares of Altice USA Class A common stock and 247,684,443 shares of Altice USA Class B common stock outstanding. As previously disclosed in the registration statement including a US prospectus relating to the shares of Altice USA common stock to be distributed in the Distribution filed by Altice USA with the US SEC one of the conditions to the implementation of the Distribution was the entry into a trademark license agreement between Next Alt and Altice USA. The terms and conditions of the trademark license agreement remain subject to ongoing discussions. Therefore, pursuant to the Master Separation Agreement entered into by Altice NV and Altice USA in connection with the Separation, the board of directors of Altice NV waived this condition. In connection with the Distribution, Altice USA has filed a registration statement including a US prospectus relating to the shares of Altice USA common stock to be distributed in the Distribution which was declared effective by the SEC on May 23, 2018. In addition, Altice USA has published an EU prospectus on May 24, 2018, which has been approved by the Dutch Authority for the Financial Markets. In connection with the Separation, Altice NV today announces that it amended its articles of association to change its name to "Altice Europe N.V.". Trading of Altice NV shares on Euronext Amsterdam under the name "Altice Europe N.V." is expected to take place on June 12, 2018. The appointment of Patrick Drahi as executive director of the board of Altice Europe N.V. is effective as of today and ends immediately after the annual General Meeting to be held in 2022. As previously disclosed, the board of directors of Altice USA will consist of nine members following the Separation. Effective as of today, Patrick Drahi, Charles Stewart and Gerrit Jan Bakker have been appointed to the Altice USA board of directors, and Drahi will serve as the Chairman. Charles Stewart will continue in his role as co-president and CFO of Altice USA and Gerrit Jan Bakker will continue in his role as treasurer of Altice Europe.

08:34 EDT GAIN Capital reports May operating metrics - In the retail segment in May, OTC Trading Volume was up 9.4% sequentially and up 10.8% y/y. OTC Average Daily Volume was up 4.7% sequentially and up 16.8% y/y. 12 Month Trailing Active OTC Accounts were up 0.2% sequentially and were down 3.0% y/y. 3 Month Trailing Active OTC Accounts were up 2.5% sequentially and down 9.4% y/y.

07:58 EDT DPW Holdings reduces debt leveraging Bitcoin - DPW Holdings announced that it has used Bitcoin, the cryptocurrency its subsidiary Super Crypto Mining, Inc., or SCM, has mined through its operations, to reduce the company's debt, marking a milestone for the company and possibly the use of Bitcoin on a commercial basis. SCM actively mines the cryptocurrency, Bitcoin, and, since late 2017 has held its inventory of Bitcoin as one of its long term operational and investment strategies. DPW incurred new debt recently to support the purchase of Enertec Systems 2001 Ltd., a 22-year-old private company, by another of its subsidiaries, Coolisys Technologies, Inc. Enertec is Israel's largest private developer and manufacturer of specialized electronic systems for the aerospace and defense markets. Enertec generated over $8 million in annual revenue for its fiscal year ended December 31, 2017. DPW has made a payment of $500,000 towards this new debt today thus leveraging the mined Bitcoin through a non-dilutive transaction to shareholders. The company believes this transaction is significant for both its shareholders as well as the cryptocurrency community worldwide.

07:32 EDT PAVmed to receive $10.4M in gross proceeds from oversubscribed rights offering - PAVmed announced its previously announced equity subscription rights offering expired at 5:00 p.m. Eastern Time on Thursday, June 7, 2018 and, as such, the rights are no longer exercisable. The company received subscriptions that exceeded the number of rights available to be exercised under the Rights Offering and has accepted all valid subscriptions including up to 9M units of the total oversubscribed amount. Allocations will be determined in accordance with the provisions disclosed in the Company's registration statement on Form S-1 as filed with the Securities Exchange Commission. PAVmed expects the Rights Offering will result in gross proceeds to be received by the Company of approximately $10.4M. The results of the Rights Offering and estimates regarding gross proceeds are subject to finalization and verification by the company's subscription agent. PAVmed anticipates that the closing of the Rights Offering will occur on or about June 12, 2018 subject to satisfaction or waiver of all conditions to closing. Upon the closing, the subscription agent will distribute, by way of direct registration in book-entry form or through the facilities of DTCC, as applicable, shares of common stock and Series Z Warrants to holders of rights who have validly exercised their rights and paid the subscription price in full. No physical stock or warrant certificates will be issued to such holders. Each right entitled the holder to purchase one unit at a subscription price of $1.15 per unit, with each unit consisting of one share of common stock and one Series Z Warrant to purchase one share of common stock with an exercise price of $1.60. The Series Z Warrants expire on April 30, 2024 and have certain volume and price redemption features. The units will immediately split into their underlying securities and the common stock and the Series Z Warrants will be immediately tradeable upon their issuance.

07:10 EDT CN investing $130M to expand and strengthen Manitoba rail infrastructure in 2018 - CN said it plans to invest approximately $130 million in Manitoba in 2018 to strengthen the company's rail network across the province, including expansion of its primary rail yard in Winnipeg. The Manitoba investments are part of CN's record $3.4 billion capital program for 2018. In Winnipeg, CN will add a dozen new and extended tracks within its Symington Yard, the centrepiece of CN's transcontinental network, improving the efficient handling of rail cars from across Canada and the United States. Other capital program investments will focus on the replacement, upgrade and maintenance of key track infrastructure to improve overall safety and efficiency.

07:05 EDT Healthcare Trust announces $100M stock repurchase program - Healthcare Trust of America announced that its Board of Directors approved a stock repurchase program authorizing the company to purchase up to $100M of its Class A common stock from time to time prior to June 7, 2020.

07:03 EDT Verizon announces Chief Technology Officer Hans Vestberg to become CEO Aug. 1 - Verizon announced that its board has named Hans Vestberg, Executive Vice President and President of Global Networks and Chief Technology Officer, to succeed Lowell McAdam as CEO, effective August 1. McAdam will serve as Executive Chairman of the board through his retirement from the company at the end of the year, at which time he will become Non-Executive Chairman. Vestberg, 52, is currently Executive Vice President and President of Global Networks and Chief Technology Officer. McAdam said, "I strongly believe in the power of change to drive long-term growth and innovation. For Verizon, the time for a change in leadership is now, and I am confident that Hans is the right person to bring Verizon through its next chapter. Hans is an energizing force who will continue to position Verizon to lead the Fourth Industrial Revolution - the emergence of technologies that blend the physical and the digital to create historic breakthroughs in connectivity and mobility. It has been my great privilege to serve alongside some of the brightest minds in the business during my tenure. I look forward to working with Hans and the Board to support our customers and employees, and deliver value for shareholders."

07:02 EDT ITG reports May U.S. trading volume 2.7B shares - ITG announced that May 2018 U.S. trading volume was 2.7B shares and average daily volume was 124M shares, compared to 2.5B shares and ADV of 117M shares in April 2018 and 3.2B shares and ADV of 148M shares in May 2017. There were 22 trading days in both May 2018 and May 2017, and 21 trading days in April 2018. The average daily trading commissions in May 2018 in ITG's Canadian, European and Asia Pacific businesses were down approximately 3% in U.S. dollar terms on a combined basis as compared to the first quarter of 2018 and were up approximately 19% as compared to May 2017. On a blended international basis, there were approximately 22 trading days in both May 2018 and May 2017.

06:47 EDT Canadian National to invest approximately $130M in Manitoba in 2018 - CN said it plans to invest approximately $130M in Manitoba in 2018 to strengthen the company's rail network across the province, including expansion of its primary rail yard in Winnipeg. The Manitoba investments are part of CN's record $3.4B capital program for 2018. In Winnipeg, CN will add a dozen new and extended tracks within its Symington Yard, the centrepiece of CN's transcontinental network, improving the efficient handling of rail cars from across Canada and the United States. Other capital program investments will focus on the replacement, upgrade and maintenance of key track infrastructure to improve overall safety and efficiency. Maintenance program highlights include: Replacement of approximately 30 miles of rail; Installation of more than 80,000 new railroad ties; Rebuilds of approximately 20 road crossing surfaces; Maintenance work on bridges, culverts, signal systems and other track infrastructure.

06:08 EDT Target: Target Restock available to about 75% of U.S. population

06:08 EDT Target to offer Shipt in over 135 markets by the end of June

06:04 EDT Bombardier updates guidance following C Series Partnership closing on July 1 - Bombardier (BDRBF) updates guidance following the C Series Partnership closing effective July 1: C Series financials to be de-consolidated from Bombardier's results starting July 1, 2018. Consolidated EBIT guidance increased to a range of $900M-$1.0B, and revenue guidance reduced to a range of $16.5B-$17.0B, mainly reflecting de-consolidation of C Series results for the remainder of 2018. Full-year consolidated free cash flow guidance is reaffirmed. Full year guidance for Commercial Aircraft segment is withdrawn; Regional aircraft delivery guidance of approximately 35 aircraft for 2018 is reaffirmed. The Company remains on track to achieve its 2020 turnaround plan objectives, which already reflect the de-consolidation of the C Series results. The transaction will be accounted for as a disposal of CSALP in exchange for an equity interest in the new partnership measured at fair market value. In addition, the transaction is expected to result in a net accounting charge of approximately $500M. The net charge is largely triggered by the fair market value of warrants to be issued by Bombardier to Airbus (EADSY) on July 1, 2018, and a derivative liability associated with the expected off-market return on participating units to be issued to Bombardier by CSALP under Bombardier's funding commitments. The net charge will be treated as a special item in the second quarter.

05:55 EDT Philip Morris raises quarterly dividend to $1.14 per share from $1.07 per share - The board of Philip Morris increased the company's regular quarterly dividend by 6.5% to an annualized rate of $4.56 per share. The new quarterly dividend of $1.14 per share, up from $1.07 per share, is payable on July 11, to shareholders of record as of June 22. The ex-dividend date is June 21.

05:20 EDT Facebook acknowledges audience selector error, notifies 14M affected users - Facebook Chief Privacy Officer Erin Egan submitted a post to the company's newsroom page explaining the bug that would change a private post to public, when a user would submit a new post. Egan also noted that the bug was fixed and the company changed the privacy settings back to the affected user's usual preference on those posts. "We recently found a bug that automatically suggested posting publicly when some people were creating their Facebook posts. Today we started letting the 14 million people affected know - and asking them to review any posts they made during that time. To be clear, this bug did not impact anything people had posted before, and they could still choose their audience just as they always have. very time you share something on Facebook, we show you an audience selector so you can decide who gets to see the post. This is based on the people you shared with last time you posted. For example, if you choose to share a photo with friends only, your audience selector will automatically suggest you share to friends next time you start a post. If you shared something publicly last time, it will suggest public the time after. This bug occurred as we were building a new way to share featured items on your profile, like a photo. Since these featured items are public, the suggested audience for all new posts - not just these items - was set to public. The problem has been fixed, and for anyone affected, we changed the audience back to what they'd been using before. Out of an abundance of caution we are letting anyone affected know today and asking them to review Facebook posts they made during that time. If you posted publicly, you'll see a notification when you log in that leads to a page with more information - including a review of posts during this period. We've heard loud and clear that we need to be more transparent about how we build our products and how those products use your data - including when things go wrong. And that is what we are doing here." Reference Link

05:09 EDT Eldorado Gold announces renewal of NCIB - Eldorado Gold announced that the Toronto Stock Exchange has accepted for filing the Company's Notice in respect of a normal course issuer bid to be transacted through the facilities of the TSX and also through alternate Canadian trading systems. Pursuant to the NCIB, Eldorado may purchase its common shares up to a maximum of 1,742,130, representing approximately 0.2% of the total 794,010,680 Shares of the Company that are issued and outstanding as at the date hereof. Purchases will be made at prevailing market prices commencing June 12, 2018 and ending June 11, 2019. Pursuant to TSX policies, daily purchases of Shares made through the facilities of the TSX will not exceed 597,198 Shares representing 25% of the average daily trading volume of 2,388,795 Shares subject to certain prescribed exemptions. As announced previously, Eldorado did not purchase any Shares under its prior NCIB covering the period starting June 13, 2016 and ending June 12, 2017.

05:03 EDT Denali Investors sends letter to DFIN urging pursuit of strategic alternatives - The following is a letter from Denali Investors to the Donnelley Financial Solutions (DFIN) Board of Directors urging the formation of a special committee to pursue strategic alternatives. "We appreciate the recent investor day you held in New York. However, as evident in the continued decline of your stock, the market and shareholders are not impressed with the progress or management's ability to communicate a clear path forward. The Board must be proactive in evaluating management and holding them accountable on their ability to navigate this valuable business and communicate effectively with the investment community. The two year mark for the Company's spinoff is rapidly approaching, and the stock is now down more than 47% over this period during which time the S&P 500 Index is up over 26%. The stock is valued at approximately 5x EV/EBITDA and 0.5x Price to Revenue, which is a massive disconnect from your competitors that range from 11x to 17x EV/EBITDA and 3.3x - 5x Price to Revenue. We believe the Board must consider next steps for unlocking value, as the current plan is clearly not working. As we have stated before, we believe Donnelley is worth considerably more than the current price and multiples imply, and that additional steps are needed to surface this value. As such, we urge the Board to voluntarily form a special committee to seek strategic alternatives and commence a formal solicitation process that includes all potential strategic and financial suitors."