Stockwinners Market Radar for July 16, 2018 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

20:02 EDT PepsiCo to replace Dish in Nasdaq-100 index effective July 23rd - Nasdaq announced that PepsiCo (PEP) will become a component of the NASDAQ-100 Index and the NASDAQ-100 Equal Weighted Index prior to market open on Monday, July 23, 2018. PepsiCo, Inc. will replace DISH Network Corporation (DISH) in the indexes.

19:11 EDT Corporacion America Airport reports June passenger traffic up 5.8% - Corporacion America Airport says total passenger traffic in June 2018 increased by 5.8% compared to the same period of 2017, primarily reflecting growth of 11.1% in Brazil, 2.0% in Argentina and 4.2% in Italy. In Brazil, passenger traffic at Brasilia Airport continued to recover increasing by 12.0% in June 2018, mainly due to 16.8% growth in domestic passengers. This increase was driven by additional frequencies in existing routes to several domestic destinations by Gol, Latam and Azul which increased their weekly flights by 13%, 8% and 18%, respectively. In Argentina, domestic traffic increased 9% YoY, partially offset by declines of 7% and 14% in international and transit passengers, respectively reflecting the initial impact of the currency depreciation and more challenging macro conditions. Additional routes and flights to existing destinations were added in Argentina during the last twelve months. Aerolineas Argentinas added new frequencies to Madrid, Punta Cana, Rio de Janeiro and Sao Pablo. Copa Airlines also increased its monthly frequencies from both Aeroparque and Ezeiza to Panama, Latam added frequencies to Sao Pablo. Low-cost carriers continued to expand operations during this period. LEVEL began flying from Ezeiza to Barcelona, Gol added new frequencies to Sao Pablo and Recife, and Azul Linhas Aereas added frequencies to Belo Horizonte.

19:06 EDT On The Fly: After Hours Movers - UP AFTER EARNINGS: Avid Bioservices (CDMO) up 3.8%. ALSO HIGHER: International Game Technology (IGT) up 4.3% after announcing FanDuel sports betting partnership... B&G Foods (BGS) up 2.7% after acquiring McCann Irish Oatmeal... First Majestic Silver (AG) up 1.2% after reporting Q2 production and raising output guidance. DOWN AFTER EARNINGS: Netflix (NFLX) down 14.2%, Roku (ROKU) down 2.6% in sympathy. ALSO LOWER: ABEO Pharma (AVEO) down 18.6% after pushing back Phase 3 data on Tiovo-3... Evolus (EOLS) down 10.9% after equity offering... Turquoise Hill (TRQ) down 7.8% after reporting Q2 production... Carbonite (CARB) down 6.3% after equity offering... Redfin (RDFN) down 4.5% after equity offering... Naked Brand Group (NAKD) down 4.5% after equity offering... Manitowoc (MTW) down 1.8% after Goldman Sachs downgrade... Amazon.com (AMZN) down 1.1% after technical glitches were reported on Prime Day.

18:57 EDT Sinclair Broadcast 'shocked and disappointed' by FCC Chairman Pai's statement - Sinclair Broadcast Group (SBGI) acknowledged a statement made by Chairman Ajit Pai of the Federal Communications Commission in which he announced circulation of a draft hearing designation order regarding Sinclair's pending acquisition of 100% of the issued and outstanding shares of Tribune Media Company (TRCO) and issued the following statement: "Sinclair was shocked and disappointed today by the news that FCC Chairman Pai was circulating an order proposing to designate our acquisition of Tribune for an administrative hearing. Although the actual Hearing Designation Order has not yet been released, press reports indicate that a leaked version of the HDO suggests that Sinclair may have engaged in misrepresentation or lack of candor. To the extent that the HDO does in fact include any such allegations, we deny such allegations in the strongest possible manner. Throughout the FCC review process of this transaction, we have had numerous meetings and discussions with the FCC's Media Bureau to make sure that they were fully aware of the transaction's structure and basis for complying with FCC rules and meeting public interest obligations. These structures are consistent with structures that Sinclair and many other broadcasters have utilized for many years with the full approval of the FCC. During these discussions and in our filings with the FCC, we have been completely transparent about every aspect of the proposed transaction. We have fully identified who the buyers are and the terms under which stations would be sold to such buyer, including any ongoing relationship we would have with any such stations after the sales. We have filed all relevant agreements documenting such terms as required by FCC rules. While we understand that certain parties which oppose the transaction object to certain of the buyers based on such buyers' relationships with Sinclair, a situation we are prepared to address if the FCC agrees with such views, at no time have we misled the FCC in any manner whatsoever with respect to the relationships or the structure of those relationships proposed as part of the Tribune acquisition. Any suggestion to the contrary is unfounded and without factual basis. We were heartened by the Statement released by Commissioner O'Rielly objecting to 'blindly sending decisions to the Commission's Administrative Law Judge.' While we understand that Commissioner O'Rielly was specifically objecting to the lack of defined timelines in the ALJ process, we hope that Commissioner O'Rielly and the other FCC Commissioners will also consider the appropriateness of blindly designating matters for hearing which have been fully disclosed to the FCC and which fully comply with FCC rules and widespread industry precedent." We are prepared to resolve any perceived issues and look forward to finalizing our acquisition of Tribune Media. The proposed merger of Sinclair Broadcast Group and Tribune Media will create numerous public interest benefits and help move the broadcast industry forward at a time when it is facing unprecedented challenges. We look forward to working with regulators to make the merger a reality."

18:44 EDT Rio Tinto announces Q1 Pilbara iron ore production 88.5Mt, up 14% from last year - Pilbara iron ore shipments of 88.5M tonnes in the second quarter were 14% higher than the second quarter of 2017, benefiting from better weather and reflecting improved productivity across the system. Shipments in 2018 are expected to be at the upper end of the existing guidance range of 330 to 340M tonnes (100 per cent basis). Bauxite production of 13.3M tonnes was 3% higher than the corresponding quarter of 2017, due to continued operational improvements. Third party shipments increased by 10% to 8.7M tonnes due to firm demand. Aluminium production of 0.9M tonnes was 3% lower than the second quarter of 2017 due primarily to labour disruptions at the non-managed Becancour smelter in Canada and a power interruption at the Dunkerque smelter in France. Mined copper production of 156.8 thousand tonnes was 26% higher than the corresponding quarter of 2017, reflecting strong production at Escondida following a labour union strike in the first half of last year. Hard coking coal production was 40% higher than the corresponding quarter of 2017 due primarily to the impact of Cyclone Debbie last year. Titanium dioxide slag production was 27% lower than the second quarter of 2017. Production was suspended at Rio Tinto Fer et Titane in Sorel-Tracy following a fatality on 26 April 2018. Production at Richards Bay Minerals has been impacted by ongoing labour disputes between contractors and their employees. Production at Iron Ore Company of Canada was significantly impacted in the second quarter, where operations were suspended while a new labour agreement was reached. Operations returned to normal production rates by the end of June 2018. Cost inflation is being experienced, particularly in the Aluminium group with higher raw material costs. Disruptions during the first half have also impacted unit costs at IOC and RBM. The major growth projects remain on track, with first bauxite shipment from Amrun expected in the first half of 2019 and construction of the first drawbell at Oyu Tolgoi Underground anticipated in mid-2020. The AutoHaul project achieved two major milestones, with regulatory approval on 18 May 2018 and the first loaded autonomous train journey from mine to port completed on 10 July 2018.

18:39 EDT Netflix says debt remains the most preferred source of capital

18:27 EDT Netflix CEO says median viewed hours metric in India still growing

18:24 EDT Four Corners Property Trust acquires Buffalo Wild Wings restaurant for $3.6M - Four Corners Property Trust acquired a corporate-leased Buffalo Wild Wings restaurant property for $3.6M. The property is located in Austin, TX, and is occupied under a triple-net lease with approximately 6 years of term remaining and a rent escalation of 2.0% annualized. The transaction was priced at a 6.9% going-in cash cap rate, exclusive of transaction costs.

18:09 EDT Netflix says sub additions were slower across all markets, not in any one market - Total addressable market has not really changed. Still on track for strong growth this year. Comments from Netflix Q2 earnings call.

17:36 EDT SPDR Gold Trust holdings fall to 794.01MT from 795.19MT - This is the lowest level of holdings since August 15th, 2017.

17:28 EDT Showtime: Cohen did not present self as disabled veteran in 'Who is America?' - CBS' Showtime Networks released a statement about Sacha Baron Cohen's new program "Who is America?" which premiered this past weekend: "There has been widespread misinformation over the past week about the character of Billy Wayne Ruddick Jr., Ph.D., performed by Sacha Baron Cohen on the SHOWTIME comedy series WHO IS AMERICA? Baron Cohen did not present himself as a disabled veteran, and viewers nationwide who watched the premiere on Sunday can now attest to that. In Sunday's episode, during an interview with Senator Bernie Sanders, Baron Cohen in character as Dr. Ruddick was asked by the Senator if he is disabled, and he stated that he is not and uses a mobility scooter to conserve his energy. In addition, Baron Cohen never presented himself as a veteran of the U.S. military to former Alaska Governor Sarah Palin during the booking process or during the filming of her interview, and contrary to her claims he did not appear in a wheelchair. In both the interview with Governor Palin and the interview with Senator Sanders, he did not wear military apparel of any kind."

17:20 EDT Lockheed Martin awarded $450.7M U.S. Navy contract modification - Lockheed Martin awarded a $450,744,723 not-to-exceed undefinitized contract action modification to previously awarded contract N00024-18-C-2301 for long-lead-time material and detail design in support of the construction of four Multi Mission Surface Combatant ships. The Multi-Mission Surface Combatant is a lethal and highly maneuverable surface combatant capable of littoral and open ocean operation.

17:02 EDT Turquoise Hill reports Q2 throughput production up 6.3% from Q1 - Turquoise Hill Resources announced Q2 production for Oyu Tolgoi as well as the completion of Shaft 5. Mill throughput increased 6.3% over Q1'18 due to higher utilization rates and the positive impact of high intensity blasting. Copper production in Q2'18 increased 1.5% over Q1'18 as a result of higher mill utilization rates offset by slightly lower grades from the depletion of Phase 6 ore. Gold production increased 19.0% over Q1'18 due to stronger mill utilization rates, higher grades from Phase 4A and increased recovery. Sales in Q2'18 benefited from improved logistics as inventory accumulated during the Q1'18 force majeure worked its way through the system. Oyu Tolgoi is expected to produce 125,000 to 155,000 tonnes of copper and 240,000 to 280,000 ounces of gold in concentrates for 2018. Due to the positive impact of high intensity blasting, mill throughput for 2018 is expected to be approximately 40 million tonnes.

16:40 EDT First Majestic raises 2018 CapEx view to $148.7M from $125.4M - First Majestic has updated its 2018 capital budget to include the San Dimas operation as well as the reallocation of capital for development and exploration across its operations. Total 2018 capital investments are now estimated at $148.7M, consisting of $64.8M for sustaining requirements and $83.9M for expansionary projects. This represents a 19% increase compared to the original 2018 capital budget of $125.4M primarily due to the inclusion of the San Dimas operation and additional investments related to corporate projects. On a mine-by-mine basis, capital expenditures in 2H18 are estimated to be $22.4M at San Dimas, $11.4M at Santa Elena, $11.1M at La Encantada, $8.9M at La Parrilla, $7.9M at Del Toro, $5.8M at San Martin and $2.6M at La Guitarra.

16:38 EDT Overseas Shipholding signs contract with HMD for two chemical tankers - Overseas Shipholding announced that it has signed binding contracts with Hyundai Mipo Dockyard, or HMD, for the construction of two 50,000 deadweight tons class product chemical tankers for anticipated delivery to the company during the second half of 2019. These tankers will be constructed at HMD's Ulsan, Korea ship building facilities and will be built to comply with MARPOL Annex VI Regulation 13 Tier III standards regarding nitrogen oxide emissions within emission control areas. In addition, each vessel will have installed exhaust gas cleaning systems to meet the standards of MARPOL Annex VI Regulation 14 standards regarding sulphur oxide emissions. The company anticipates that these vessels, following delivery, will participate as US flagged vessels in trades served by existing company vessels.

16:35 EDT Churchill Downs to acquire remaining 50% ownership of Ocean Downs - Churchill Downs, or CDI, announced that it has agreed to acquire the remaining 50% ownership of the Casino at Ocean Downs and Ocean Downs Racetrack located in Berlin, Maryland owned by Saratoga Casino Holdings, or SCH, in exchange for CDI's 25% equity interest in SCH. CDI has entered into a tax-efficient partial liquidation agreement with Saratoga Harness Racing, or SHRI, to liquidate CDI's 25% equity stake in SCH in exchange for the remaining 50% interest in Ocean Downs held by SCH. CDI is, in effect, acquiring 37.5% of Ocean Downs because it has indirectly owned an additional 12.5% of Ocean Downs through its 25% ownership interest in SCH. Upon closing of this transaction, CDI will own 100% of Ocean Downs and will have no equity interest or management involvement in Saratoga New York or Saratoga Colorado. SHRI has agreed to grant CDI and its affiliates exclusive rights to operate internet real-money sports betting and real-money iGaming on behalf of SHRI in New York and Colorado for a period of fifteen years from the date of the liquidation agreement should such states permit SHRI to engage in sports betting and iGaming, subject to payment of commercially reasonable royalties to SHRI. SHRI has agreed to grant CDI and its affiliates exclusive rights to operate internet real-money sports betting and real-money iGaming on behalf of SHRI in New York and Colorado for a period of fifteen years from the date of the Liquidation Agreement should such states permit SHRI to engage in sports betting and iGaming, subject to payment of commercially reasonable royalties to SHRI. The closing is subject to the satisfaction or waiver of specified closing conditions, including the approval of all applicable gaming authorities. The transaction is expected to close in the second half of this year.

16:32 EDT International Game announces FanDuel sports betting agreement - International Game Technology announced that IGT will be FanDuel Group's sports betting platform provider for the newly regulated U.S. market in the state of New Jersey. IGT is the global leader in gaming. We enable players to experience their favorite games across all channels and regulated segments, from Gaming Machines and Lotteries to Interactive and Social Gaming. Leveraging a wealth of premium content, substantial investment in innovation, in-depth customer intelligence, operational expertise and leading-edge technology, our gaming solutions anticipate the demands of consumers wherever they decide to play. We have a well-established local presence and relationships. The partnership brings together the technological expertise in U.S. sports betting of the largest B2B gaming company in the world - IGT, with that of the largest sports gaming companies in the U.S. - FanDuel Group. FanDuel is a subsidiary of Paddy Power Betfair, a leading international sports betting and gaming operator. FanDuel will leverage Paddy Power Betfair's leading pricing, trading and risk management capabilities, which have been integrated into the IGT platform, along with a bespoke user interface to offer a best-in-class consumer experience. The joint solution operates under the widely known FanDuel brand as FanDuel Sportsbook. FanDuel will initially operate at Meadowlands Racetrack in East Rutherford, N.J., enabling guests to place sports bets over the counter via IGT technology. The offering will be expanded over the coming months to include self-service kiosks and other retail services, as well as FanDuel Sportsbook-branded online and mobile wagering, also using the IGT technology.

16:31 EDT New Concept Energy receives re-listing extension from NYSE - New Concept Energ announced that, by letter dated July 9, 2018, the company received notice, from NYSE of acceptance of a plan submitted by the company to regain compliance with the NYSE regulations. The NYSE approved a plan period through October 23, 2019, subject to compliance with initiatives outlined in the Company's plan. The Company had previously received guidance that it was not in compliance with Sections 1003(a)(i) and 1003(a)(ii) of the NYSE American Company Guide since the company reported stockholders' equity of $0.6 million as of December 31, 2017 and losses from continuing operations in three of its four most recent fiscal years ended December 31, 2017.

16:24 EDT Park West Asset Management reports 5.2% passive stake in Scientific Games

16:22 EDT Aveo pushes Tivo-3 data to Q4 on 'slower than forecasted' PFS events - Aveo Pharmaceuticals disclosed in a regulatory filing that as previously reported, its expects to report topline data from the Tivo-3 trial, its Phase 3 trial of tivozanib as a third-line treatment for advanced renal cell carcinoma, approximately 6-8 weeks after the trial records 255 progression-free survival events. It added, "Due to the PFS events occurring slower than forecasted, combined with some patients being removed or 'censored' from the PFS event count, which often occurs once the data cleaning and review process is initiated, the Company now expects to report TIVO-3 topline data in the fourth quarter of 2018. Prior to reporting data, the Company plans to announce when 255 PFS events have occurred and topline data analysis for the trial has been initiated." Shares of Aveo are down 40c, or 14%, in after-hours trading to $2.45.

16:19 EDT HFF announces $324M construction financing for Arsenal Yards development - Holliday Fenoglio Fowler announces $324M in construction financing and joint venture equity for the development of Arsenal Yards, a six-building, mixed-use redevelopment of the former Arsenal Mall in Watertown, Massachusetts. The HFF team worked on behalf of Boylston Properties, The Wilder Companies and Jonathan Bush to source institutional investors advised by JP Morgan Asset Management as joint venture equity partners, providing $102 million of equity, and secure a $222 million construction loan from Wells Fargo Bank. Arsenal Yards sits along the banks of the Charles River just west of Boston in East End Watertown. With construction currently underway and the first phase scheduled to open in 2019, Arsenal Yards will create a vibrant urban neighborhood with more than one million square feet that will include 250,000 square feet of destination shops and eateries, anchored by Roche Bros. and The Majestic Cinema; Yard Works (200,000 square feet of new and existing office and lab space); Blvd & Bond (425 contemporary residences); a 150-room Hampton by Hilton; The Fitness Collection and a revitalized Arsenal Park with expanded access to the Charles River. An abundance of surrounding demand drivers exist, including corporate headquarters for AthenaHealth and Bright Horizons - immediately adjacent to the project - and New Balance, Harvard Business School's campus expansion, Harvard's $1.0 billion Science and Engineering Complex set to open in 2020, and the adjacent LINX office/lab complex (fully leased) recently developed by Boylston Properties.

16:17 EDT La-Z-Boy to acquire Joybird - La-Z-Boy announced it has entered into a definitive agreement to acquire Joybird, an e-commerce retailer and manufacturer of upholstered furniture. The deal is expected to close early in Q2 of FY19, at which time Joybird will become a wholly-owned subsidiary of La-Z-Boy. Joybird is the trade name of Stitch Industries. Joybird is privately-owned and was established in 2014 by Alex Del Toro, Andres Hinostroza, Joshua Stellin and Christopher Stormer. The company manufactures custom, mid-century modern upholstered furniture, and has experienced rapid growth, with annual revenue last year of approximately $55M.

16:17 EDT CVS Health responds to RFI on Blueprint to Lower Drug Prices - CVS Health submitted its comments in response to the Request for Information on the Trump Administration's Blueprint to Lower Drug Prices. In a cover letter to Secretary of Health and Human Services Alex Azar summarizing the full comments submitted to HHS, the company underscored support for the Administration's goals and emphasized the industry-leading steps it has taken to hold down drug costs and bring innovative solutions to market to help consumers. "Until drug manufacturers reduce the high price they set for these drugs, we know this problem is not going away," the company said in the letter. "We support the Administration's goal to lower drug prices and reduce out-of-pocket costs for consumers and we are using every innovative tool possible to bring down the cost of drugs ourselves."

16:15 EDT Netflix anticipates more competition from merged rivals - In its quarterly letter, Netflix stated: "YouTube and Netflix are two leading global (ex-China) internet entertainment services. HBO and Disney are evolving to focus on internet entertainment services. Amazon and Apple are investing in content as part of larger ecosystem subscriptions...We believe that consumer appetite for great content is broad and that there is room for multiple parties to have attractive offerings. We anticipate more competition from the combined AT&T/Warner Media, from the combined Fox/Disney or Fox/Comcast as well as from international players like Germany's ProSieben and Salto in France. Our strategy is to simply keep improving, as we've been doing every year in the past."

16:13 EDT Almaden achieves 39% gold mill feed grade increase from bulk ore sort tests - Almaden Minerals is pleased to announce that it has achieved positive results from ore sorting trials carried out on ore samples from the Ixtaca gold-silver project located in Puebla State, Mexico. The ore sorting tests were carried out on a commercial XRT sorter using a bulk sample from the limestone host rock in the Ixtaca Main zone. The limestone host rock comprised 82% of the metal produced in the Pre-Feasibility Study which was filed on SEDAR on May 17, 201.

16:12 EDT Valeant begins trading as Bausch Health, symbol 'BHC' - Bausch Health Companies (BHC) announced earlier that the company will begin trading under the "BHC" ticker on the New York Stock Exchange and Toronto Stock Exchange at the commencement of trading today, July 16. "Bausch Health Companies Inc. builds on the legacy of the Bausch brand, which has been a pioneer in the advancement of health for 165 years, and evokes our mission of improving the lives of patients with our health care products," said Joseph Papa, chairman and CEO, Bausch Health. The company used to be called Valeant Pharmaceuticals and traded under the symbol "VRX."

16:11 EDT Townsend Holdings reports 10.6% passive stake in KKR Real Estate Finance

16:10 EDT Iron Mountain delisting from Australian Securities Exchange August 17th - Iron Mountain intends to delist from the Australian Securities Exchange, or ASX, effective from the close of trading on August 17. Iron Mountain was admitted to ASX as a "Foreign Exempt Listing" in 2016 following its acquisition of then ASX-listed Recall Holdings Limited. However, Iron Mountain has determined that maintaining its ASX listing is no longer practical. The delisting of Iron Mountain from ASX is not expected to have any material impact on Iron Mountain's financial position or operating results other than in relation to savings in compliance and certain ancillary costs associated with maintaining the ASX listing, net of one-time fees associated with the delisting process. It is expected that Iron Mountain's CDIs will be suspended from official quotation on ASX on August 13. Iron Mountain will continue to be listed on the NYSE.

16:07 EDT LendingClub names Ronnie Momen as Chief Lending Officer - LendingClub announced that it has selected seasoned consumer credit veteran Ronnie Momen to serve as the company's Chief Lending Officer. Momen will oversee LendingClub's credit strategy including the use of credit data, analytics and innovative products to extend LendingClub's lead in the industry by continuing to unleash the power of the marketplace to offer affordable rates to borrowers and deliver quality returns to investors. Momen joins LendingClub from GreenSky, where he served as Chief Credit Officer.

16:07 EDT Netflix reports Q2 streaming net additions of 5.15M members - Reports Q1 U.S. memberships rose by 670,000 and international added 4.47M memberships.

16:06 EDT Cardiovascular Systems signs distribution agreement with OrbusNeich - Cardiovascular System has signed an exclusive international distribution agreement with OrbusNeich to sell its coronary and peripheral Orbital Atherectomy Systems outside the United States and Japan. OrbusNeich manufactures and sells an extensive portfolio of coronary and peripheral products including stents, balloons and microcatheters. The company operates 12 regional sales offices throughout the world and their products are currently sold in over 60 countries. CSI management will provide more details on this distribution agreement on July 31st at its Analyst Day meeting.

16:03 EDT Mammoth Energy initiates quarterly cash dividend - Mammoth Energy Services announced that its board has initiated a quarterly dividend policy and declared its first quarterly cash dividend of 12.5c per share of common stock, to be paid on August 14 to stockholders of record as of the close of business on August 7.

15:07 EDT KLX Inc. acquires John Hassall, LLC's laboratory operations - KLX Inc. announced that it is acquiring the assets of John Hassall, LLC's laboratory operations. John Hassall is a wholly owned division of Novaria Group. Specifically, KLX will be acquiring the Laboratory Controlled at Source lab assets and expert technical personnel associated with managing the lab. These newly acquired capabilities will allow KLX to provide the additional required testing to support the strict quality requirements of this customer base.

13:39 EDT Salesforce announces definitive agreement to acquire Datorama - Salesforce has signed a definitive agreement to acquire Datorama, which Chief Analytics Officer Bob Stutz calls "the leading cloud-based, AI-powered marketing intelligence and analytics platform for enterprises, agencies and publishers" in his blog post announcing the deal. "Datorama enables more than 3,000 leading global agencies and brands-including PepsiCo, Ticketmaster, Trivago, Unilever, Pernod Ricard and Foursquare-to optimize marketing campaigns, automate reporting and make data-driven decisions faster. Salesforce's acquisition of Datorama will enhance the power of Marketing Cloud with expanded data integration and intelligence, enabling marketers to unlock insights across all of their marketing channels and data sources. With one unified view of data and insights, companies can make smarter decisions across the entire customer journey and optimize engagement at scale," Stutz stated. Reference Link

13:04 EDT Citi reports June credit loss 2.60% vs. 2.78% last month - Reports June 30-plus day delinquency rate 1.48% vs. 1.49% last month.

12:59 EDT AMD jumps after analyst sees product transition to expand margins - Shares of chip maker AMD (AMD) are trading higher on Monday after an analyst said he believes shipments for the chip maker's CPU line may have tracked ahead of the company's guidance. SURPRISE UPSIDE: Stifel analyst Kevin Cassidy said in a note to investors that he believes AMD's Zen-based PC CPU line up "tracked in-line to slightly better than management's guidance." EPYC SERVER CPU: According to Cassidy's note, the unexpected upside may be seen coming from AMD's Epyc server CPU business doing better than the consensus view of 5% unit market share leaving the fourth quarter. Moreover, the analyst anticipates gross margin to grow in Q4 as the company "ramps new products, particularly its Epyc server CPUs." The analyst increased his 12-month price target on AMD to $21 from $17 and maintained a Buy rating. PRICE ACTION: Shares of AMD are up 3.5%, or 57c, $16.84 in early afternoon trading.

12:28 EDT Nutrisystem jumps 3% after announcing DNA Body Blueprint nationwide - Earlier today, Nutrisystem announced the launch of DNA Body Blueprint, a genetic-based product using a proprietary algorithm that provides an integrated personal action plan focused on eating behaviors, nutrition and metabolism. The national marketing campaign will debut this week. "By providing a personalized overview that is the ultimate roadmap for an individual's ongoing nutritional needs, this product delivers on our mission of helping consumers make more informed choices and achieve outcomes that drive overall health," commented Dawn Zier, President and CEO, Nutrisystem, Inc. "This groundbreaking use of DNA technology is a major step forward in the areas of weight loss, maintenance, and personalized nutrition. Consumer interest is high and we believe this product will attract new consumers to our brand as well as allow us to extend our relationship with them as they transition from weight loss to an ongoing healthy lifestyle." shares of Nutrisystem are up approximately 3% to $40.10 in afternoon trading.

12:02 EDT Arthur J. Gallagher acquires The Jack Nebel Companies - Arthur J. Gallagher announced the acquisition of The Jack Nebel Companies, based in North Barrington, Illinois. Terms of the transaction were not disclosed.

12:00 EDT Opko partner Vifor Fresenius gets marketing approval for RAYALDEE in Canada - OPKO Health that the company's partner Vifor Fresenius Medical Care Renal Pharma has received approval from Health Canada to market RAYALDEE in Canada for the treatment of secondary hyperparathyroidism in adults with stage 3 or 4 chronic kidney disease and vitamin D insufficiency. "We established a global development and commercialization plan for RAYALDEE as this therapy addresses an important medical need in CKD patients worldwide, and we want to ensure that as many people as possible have access to its benefits," stated Phillip Frost, M.D., Chairman and Chief Executive Officer of OPKO Health. "We congratulate our partner Vifor Fresenius on their achievement and thank them for the dedication and hard work they put into reaching this milestone event." RAYALDEE is an extended-release prohormone of calcitriol, the active form of vitamin D3. The product is the first and only such therapy approved by the U.S. Food and Drug Administration that both raises serum 25-hydroxyvitamin D and lowers blood levels of intact parathyroid hormone. RAYALDEE is indicated in the U.S. for the treatment of SHPT in adults with stage 3 or 4 CKD and vitamin D insufficiency. It is not indicated in patients with stage 5 CKD or end stage renal disease on dialysis. OPKO Health launched RAYALDEE in the U.S. in November 2016.

12:00 EDT Tribune Media falls -15.2% - Tribune Media is down -15.2%, or -$5.88 to $32.68.

12:00 EDT Britannia Bulk rises 9.4% - Britannia Bulk is up 9.4%, or 64c to $7.46.

11:54 EDT iQIYI: Top 10 movies on iQIYI's platform took in revenue 180M RMB in 1H18 - iQIYI announced total shared revenue figures for online movies shown on its platform during the first half of 2018. The figures show that as of June 30 this year, the top 10 movies on iQIYI's online platform took in a total shared revenue of over 180M RMB, which would amount to a box office revenue of 540M RMB if it were in the offline cinema market. The figures released by iQIYI show that June 2018 has been a particularly strong month for online movies on iQIYI's platform. The total shared revenue of the top ten newly released movies on the iQIYI platform this June was 71.87M RMB, representing a 260% increase on the 19.95M RMB in online movie shared revenue attained on the iQIYI platform in June of the preceding year. One of the online films first shown on iQIYI's platform this June was "Chen Xiang at Half Past Six: The Unbeatable Iron Head," a comedy movie which reached 23.58M RMB in revenue just 20 days after its release. Other high earners this June include fantasy film "Mysterious Raiders" which achieved a shared revenue of 12.84M RMB within 17 days of release and action film "Raging Flower" which had a total shared revenue of 9.62M RMB 30 days after its release. 2018 is looking to be a milestone year for the Chinese online movie industry, with the number of high income movies already greater than was the case over the whole of last year.

11:39 EDT Clal Insurance Enterprises reports 5.3% passive stake in Pointer Telocation

11:29 EDT Boeing, Jet Airways order valued at $8.8B at current list prices

11:27 EDT Tribune drops 11%, Sinclair drops 4% after FCC Chairman statement

11:24 EDT Eaton Vance reports AUM $444.1B as of June 30 - Eaton Vance reported consolidated assets under management of $444.1B on June 30. This compares to $440.1B on April 30, the close of the company's Q2.

11:21 EDT FCC Chairman Ajit Pai says has 'serious concerns' about Sinclair, Tribune deal - Federal Communications Commission Chairman Ajit Pai issued the following statement announcing circulation of a draft hearing designation order regarding the Sinclair (SBGI)/Tribune (TRCO) transaction: "Based on a thorough review of the record, I have serious concerns about the Sinclair/Tribune transaction. The evidence we've received suggests that certain station divestitures that have been proposed to the FCC would allow Sinclair to control those stations in practice, even if not in name, in violation of the law. When the FCC confronts disputed issues like these, the Communications Act does not allow it to approve a transaction. Instead, the law requires the FCC to designate the transaction for a hearing in order to get to the bottom of those disputed issues. For these reasons, I have shared with my colleagues a draft order that would designate issues involving certain proposed divestitures for a hearing in front of an administrative law judge."

11:19 EDT Tribune Media trading halted, volatility trading pause

11:16 EDT Proxy firms recommend approval of NuStar Energy, NuStar GP Holdings deal - NuStar Energy L.P. (NS) and NuStar GP Holdings, LLC (NSH) announced that two proxy advisory firms, Institutional Shareholder Services and Glass Lewis & Co., have recommended votes in favor of the proposed merger of NSH with a wholly owned subsidiary of the Partnership through a unit-for-unit exchange. The proposed merger will be considered at the July 20, 2018 special meeting of NSH unitholders. The proposed transaction, announced in February 2018, would result in the cancellation of the 2% economic general partner interest in the Partnership, the incentive distribution rights in the Partnership and approximately 10.2 million Partnership common units currently owned by subsidiaries of NSH. Under the terms of the definitive agreement, NSH unitholders would receive 0.55 of a Partnership common unit in exchange for each NSH unit they own at closing, representing a premium of approximately 1.7% based on the closing prices of the Partnership's common units and of NSH's units on February 7, 2018. The transaction would result in approximately 23.6 million additional common units being issued by the Partnership. In connection with this transaction, William E. Greehey, the Chairman of the Board of both NSH and the Partnership, who controls approximately 21% of the outstanding NSH units, executed a support agreement pursuant to which he has agreed to vote the NSH units controlled by him in favor of the merger.

11:05 EDT Crispr, Editas, Intellia fall after STAT highlights studies on DNA damage

11:04 EDT American Woodmark drops 8%, or $7.35, to $84.35

11:01 EDT CompareCards by LendingTree appoints Matt Schulz as Chief Industry Analyst - CompareCards by LendingTree announced today that Matt Schulz has been named Chief Industry Analyst. Effective immediately, Schulz will serve as the company's authority on personal finance trends related to credit. Schulz will be a resource for both consumers and media by providing impactful and actionable insights related to credit cards, helping to simplify financial decisions for life's meaningful moments. Schulz previously served as Senior Industry Analyst at CreditCards.com from 2014 to 2018.

10:38 EDT Fluor awarded Navy contracts - Fluor Corporation announced that the U.S. Navy's Naval Sea Systems Command and the U.S. Department of Energy's National Nuclear Security Administration have jointly awarded contracts to Fluor Marine Propulsion, a wholly-owned subsidiary of Fluor, to manage the Naval Nuclear Laboratory beginning October 1. The contracts have a 10-year period of performance including all option years.

10:34 EDT Pattern Energy rises as Ontario cancellation fears subside - Shares of Pattern Energy (PEGI) are on the rise as Goldman Sachs and Wells Fargo call the recent selloff on concerns about the new government in Ontario "overdone." The stock was under pressure last week after Ontario Premier Doug Ford vowed to cancel and wind down more than 750 contracts for renewable power projects, making good on a campaign pledge to revamp the province's energy policies. However, an official list of impacted projects has since been published and none are associated with the company. 'KNEE-JERK REACTION' OVERDONE: In a research note to investors, Goldman Sachs analyst Brian Lee noted that Pattern Energy shares had traded down 8% following news that Ontario's new government issued a directive to cancel over 750 green energy projects. However, the analyst said he expects the stock to rally now that Ontario published the official list of impacted projects, which included none that were associated with Pattern and only five wind projects in total out of the 758 being cancelled. The cancellation parameters appear to focus on projects that have yet to receive Notice to Proceed or were part of a 2014 bid process that have not met their key development milestones, he contended. Lee sees the stock's weakness as a buying opportunity, reiterating a Buy rating and $22 price target on the shares. Voicing a similar opinion, his peer at Well Fargo told investors in a research note of his own that Pattern Energy's fall on concerns over the safety of its FIT contracts with Ontario's IESO is a buying opportunity. Analyst Neil Kalton argued that it is highly unlikely that existing FIT contracts will be amended. Pattern Energy would have little to no motivation to renegotiate the terms of the contracts, and any legislation that changed the terms of the FIT contracts would likely face significant legal challenges, he contended. Furthermore, Kalton pointed out that the long-term consequences of any attempt by the province to back out of existing FIT contracts should give the government great pause, as such an action could materially increase Ontario's cost-of-capital and investors would ascribe far more risk to any investments in the province. The analyst reiterated an Outperform rating and $21 price target on Pattern shares. PRICE ACTION: In morning trading, shares of Pattern Energy has gained 3.6% to $17.70.

10:14 EDT Bank of America reports June default rate 2.66% vs. 2.98% last month - Reports 30-plus day delinquency rate 1.55% vs. 1.55% last month.

10:00 EDT Alliance Data falls -5.9% - Alliance Data is down -5.9%, or -$14.34 to $229.16.

10:00 EDT Britannia Bulk rises 5.6% - Britannia Bulk is up 5.6%, or 38c to $7.20.

10:00 EDT Arconic rises 10.3% - Arconic is up 10.3%, or $1.79 to $19.18.

09:47 EDT Vuzix receives M300 Smart Glasses follow-on order from AMA - Vuzix Corporation is pleased to announce that the company has received one of the largest M300 Smart Glasses orders to date totaling approximately $900,000 from AMA XpertEye Inc. AMA's XpertEye video conferencing solution is currently used in more than 60 countries around the world by customers related to; remote maintenance, remote support, transfer and sharing of knowledge and in-field assistance.

09:47 EDT Dr. Reddy's falls -8.3% - Dr. Reddy's is down -8.3%, or -$2.77 to $30.48.

09:47 EDT OFG Bancorp rises 6.2% - OFG Bancorp is up 6.2%, or 90c to $15.40.

09:47 EDT Arconic rises 13.2% - Arconic is up 13.2%, or $2.29 to $19.67.

09:38 EDT Disney says Fox may elect not to increase price offered for Sky - In a regulatory filing after the close on Friday, Disney (DIS) stated: "On July 11, 2018, Comcast announced a revised cash offer for the fully diluted share capital of Sky at an offer price of GBP14.75 per Sky share, which we refer to as the revised Comcast Sky offer. The revised Comcast Sky offer was recommended by the Sky independent committee. 21CF may elect not to increase the price offered by it in the Sky acquisition and any increase in the debt financing for the Sky acquisition would require Disney's consent, which Disney may elect not to provide. Any sale by 21CF of its interest in Sky would require Disney's consent. Completion of the Sky acquisition is not a condition to either party's obligation to consummate the transactions. If the Sky acquisition is not completed by 21CF for any reason, then upon consummation of the transactions, New Disney would indirectly acquire 21CF's approximately 39% interest in Sky. Completion of the Sky acquisition will not affect the amount or form of consideration that stockholders of 21CF receive in the transactions. In the event that the transactions are not completed due to the failure to obtain regulatory approvals or in certain other limited circumstances, Disney has agreed to reimburse 21CF for an amount equal to the difference between the cash consideration of GBP14.00 and GBP13.00 for each share of Sky purchased by 21CF pursuant to the Sky acquisition, plus any interest and fees on such amount."

09:32 EDT Kroger launches OptUP app to help customers make more informed decisions - The Kroger Co. introduces OptUP, a data-driven app that helps customers make more informed, healthier purchase decisions. Kroger says: "Key features of the OptUP app include: 'Scoring' groceries you buy using nationally-recognized dietary guidelines; Receiving personalized product recommendations; Viewing your household OptUP score; Scanning and searching items to find nutrition facts and product alternatives; and Adding better-for-you options to your digital cart for curbside pickup or delivery."

09:28 EDT RegeneRx announces new study of RGN-259 - RegeneRx Biopharmaceuticals announced that a new study was published comparing RGN-259 with currently approved prescription products for dry eye syndrome. In the study, researchers demonstrated that after ten days of treatment RGN-259 performed equal to or better than cyclosporine A, or Restasis, lifitegrast, or Xiidra, and diquafosol, or Diquas. RGN-259 was equal to or better than the three other approved products in each case. In conclusion, the authors stated that, "RGN-259 promoted recovery of mucins and goblet cells, improved corneal integrity, and reduced inflammation in a dry eye mouse model and was equal to or more effective than prescription treatments."

09:18 EDT ARC Document expects to deliver sales growth for the first time in three years - ARC Document Solutions said that it expects to report year-over-year consolidated sales growth for the first time in three years. Management pointed to strong growth in its CDIM business line, the primary focus of its strategy to protect print revenue, as well as sales improvements in MPS and AIM. The results reflect three quarters of continued improvement in the company's overall sales.

09:17 EDT Boeing, Goshawk Aviation announce $2.3B order for 20 737 MAXs - Boeing and Goshawk Aviation Limited. announced an order for 20 737 MAX airplanes at the 2018 Farnborough International Airshow. The order, valued at $2.3B according to current list prices, marks the first time the aircraft lessor has purchased jets directly from Boeing.

09:15 EDT Boeing announces services orders, agreements worth up to $2.1B - Boeing announced services orders and agreements worth up to $2.1B that provide customers more value throughout the lifecycle of their investments. The contracts and agreements span commercial and government customers. Certain orders are concurrent with airplane order announcements. The value of up to $2.1B not only reflects the services orders and agreements, but also includes commercial and government contracts and agreements received in the second and third quarters that have not been previously announced.

09:10 EDT Comtech receives $3.3M contract for 9-1-1 services - Comtec announced that during its Q4, its safety and security technologies group, which is part of Comtech's Commercial Solutions segment, received a contract amendment worth approximately $3.3M for its next generation IP enabled 9-1-1 ESInet and associated services for a statewide system implementation in the central United States. The system will support both wireless and wireline emergency services traffic. This contract amendment includes two option periods worth approximately $5.8M.

09:06 EDT SenesTech's ContraPest approved by California Department of Pesticide Regulation - SenesTech announced that the California Department of Pesticide Regulation, or CDPR, has approved ContraPest for sale and use in California under registration #91601-1-AA. The Company expects to focus on marketing and sales efforts of ContraPest in California immediately.

09:05 EDT General Electric, Microsoft announce expanded partnership for IoT solutions - GE (GE) and Microsoft (MSFT) announced an expanded partnership, bringing together operational technology and information technology to eliminate hurdles industrial companies face in advancing digital transformation projects. As part of the union, GE Digital plans to standardize its Predix solutions on Microsoft Azure and will deeply integrate the Predix portfolio with Azure's native cloud capabilities, including Azure IoT and Azure Data and Analytics. The parties will also co-sell and go-to-market together, offering end customers premier Industrial IoT solutions across verticals. In addition, GE will leverage Microsoft Azure across its business for additional IT workloads and productivity tools, including internal Predix-based deployments, to drive innovation across the company.

09:04 EDT Ferroglobe calls shareholder meeting to seek authority for share repurchases - Ferroglobe announces that a general meeting of its shareholders will be held on the third floor of Lansdowne House, 57 Berkeley Square, Mayfair, London, WIJ 6ER at 13:30 BST on 3 August 2018 to consider and, if thought fit, approve the granting of authority to the company to make purchases of its own shares "off-market." If passed, the resolution to be proposed at the meeting will authorize the company to enter into contracts with appointed brokers under which the company may undertake purchases of its ordinary shares - acquired by the brokers on the NASDAQ and through other permitted channels - of up to approximately 10% of its issued ordinary share capital, at a minimum price of $0.01 per share, a maximum price for such shares of 5% above the average volume-weighted average price of the Company's shares over the five business days prior to purchase and subject to additional restrictions under applicable U.S. securities laws. Any such authority granted at the general meeting will expire on its fifth anniversary.

09:04 EDT Farmland Partners sells five farms for $9.2M - Farmland Partners has announced that it has sold five farms comprising 1,245 acres for total gross proceeds of $9.2M. Four of the farms are located in Illinois and one is located in Texas. The farms were sold at a collective gain of $800,000 or 10%, relative to the Company's book value.

09:03 EDT Equifax acquires DataX, terms not disclosed - Equifax announced that it has acquired DataX, a leading specialty finance credit reporting agency and alternative data provider to lenders nationwide. DataX and its employees are now part of the Equifax Banking and Lending division.

09:02 EDT Nutrien to acquire Agrible for $63M - Nutrien announced that it has entered into a definitive agreement to acquire Agrible for total consideration of $63M. Agrible is a digital agriculture company with an advanced platform and product offering that includes a broad set of agronomic and on-farm advisory tools, data science capabilities, predictive analytics and a global sustainability business that connects growers with leading agricultural, food and consumer products companies to measure, benchmark and empower sustainable crop production. The transaction is expected to close in late July.

08:56 EDT Fly Intel: Pre-market Movers - HIGHER: Arconic (ARNC), up 12% after The Wall Street Journal reported that Arconic has received "expressions of interest" from a number of private-equity firms... UP AFTER EARNINGS: J.B Hunt (JBHT), up 4%... Bank of America (BAC), up 1%. LOWER: Funko (FNKO), down 5% after Goldman Sachs analyst Michael Ng downgraded the stock to Neutral, citing valuation following the stock's outperformance... Intrexon (XON), down 5% BofA Merrill Lynch analyst Derik de Bruin downgraded the stock to Underperform, citing his view of a lack of near-term catalysts and a near-term lack of contribution from "advanced" programs.

08:53 EDT Embraer, United Airlines sign contract for 25 E175s - Embraer (ERJ) and United Airlines (UAL) announced at the 2018 Farnborough Airshow that they signed a firm order for 25 E175 jets in a 70-seat configuration. The contract has a value of $1.1B, based on current list prices, and will be included in Embraer's 2018 third-quarter backlog. Deliveries will begin in the second quarter of 2019. Including this new contract, Embraer has sold more than 420 E175s to airlines in North America since January 2013, earning more than 80% of all orders in this 70-76-seat jet segment

08:48 EDT Embraer forecasts demand for 10,550 new aircraft over next 20 years - Embraer forecasts demand for 10,550 new aircraft with up to 150 seats worldwide, worth $600B, over the next 20 years. The in-service fleet is set to increase to 16,000 aircraft, up from the 9,000 aircraft currently in operation. Market growth will drive 65% of this demand, while the remaining 35% will replace ageing aircraft. Whilst region-specific outlooks vary considerably, efficiency and sustainability remain the underlying drivers of the projected market demand. The up to 150-seat segment will form an ever more integral part of the global air transport eco system. The economic performance of the airline industry will mostly depend on how far costs will rise and to what extent the industry can sustain a healthy revenue environment. Aircraft in the up to 150-seat segment are the best placed to combine cost efficiency with stronger yields.

08:46 EDT Raytheon projector selected for UAE F-16 digital head-up display by BAE Systems - Raytheon (RTN) will design, develop and manufacture the projector for BAE Systems' (BEASY) Digital Light Engine head-up display on the F-16 Fighting Falcon for the United Arab Emirates armed forces. The digital HUD upgrade will integrate seamlessly into the F-16's existing HUD space, requiring no changes to the aircraft, cabling or computing.

08:40 EDT Tidewater, GulfMark Offshore to combine in all-stock agreement - Tidewater (TDW) and GulfMark Offshore (GLF) announced that the Boards of Directors of both companies have unanimously approved a definitive agreement to combine the two companies. This combination, if consummated, will create a global offshore support vessel leader positioned to capitalize on significant cost synergies and superior growth opportunities as the OSV sector recovery gains traction. Under the terms of the all-stock agreement, GulfMark stockholders will receive 1.100 shares of Tidewater common stock for each share of GulfMark common stock held by them. Each GulfMark noteholder warrant will be automatically converted into the right to receive 1.100 Tidewater shares, subject to Jones Act restrictions on maximum ownership of shares by non-U.S. citizens. Collectively, these GulfMark securityholders will beneficially own 27% ownership of the combined company after completion of the combination, or 26% on a fully-diluted basis. Total value to these GulfMark securityholders is approximately $340M and the equity market capitalization of the combined company is approximately $1.25B, both based on the Tidewater closing stock price of $30.62 on July 13, 2018. Concurrent with the closing, $100M of existing GulfMark debt is expected to be repaid. On a pro-forma basis, Tidewater will maintain its industry-leading position of financial strength, with pro forma net debt of approximately $100M and pro forma available liquidity of more than $300M. Tidewater will assume GulfMark's obligations under existing GulfMark equity warrants ($100 strike price). The combined company will have the industry's largest fleet and the broadest global operating footprint in the OSV sector, with an unmatched ability to support customers across geo-markets and water depths. The financial strength and operating footprint of the combined company will also position it to sustain through-cycle market leadership. The transaction is expected to be accretive to Tidewater's 2019 EBITDA and produce transaction-related cost synergies of approximately $30M, which are expected to be realized no later than Q4 2019, and additional efficiencies associated with greater scale and scope of operations. The combined company also expects to realize revenue synergies through improved vessel utilization, with future pricing improvements largely driven by the timing and trajectory of a recovery in demand, and the availability of competitive vessels that are in compliance with classification requirements. The larger cash flows and greater diversification of the combined company may also provide access to capital on more attractive terms. The combined company will be operated under the Tidewater brand and will be led by Tidewater CEO John Rynd. Upon the closing of the combination, the Tidewater Board of Directors will be expanded to ten seats by adding three directors selected by GulfMark. The transaction is expected to close in the fourth quarter of 2018, subject to customary closing conditions, including stockholder approval of the merger (by GulfMark's stockholders) and of the share issuance (by Tidewater's stockholders).

08:37 EDT Tidewater, GulfMark Offshore to combine in all-stock agreement

08:36 EDT Unifi could not reach agreement with owners of Complast to form joint venture - Unif announced that a definitive agreement could not be reached with the owners of Complast, operating under the brand name EuroPET, and Technologia Textil Avanzada, operating under the brand name EuroFIL, to form a joint venture in Guatemala as had been contemplated by a letter of intent previously announced in July 2017.

08:34 EDT Rockwell Medical receives FDA approval for manufacturing Calcitriol - Rockwell Medical provided an update regarding Calcitriol, the company's FDA approved active vitamin D injection for the management of hypocalcemia in patients undergoing chronic hemodialysis. On July 11, Rockwell Medical received FDA approval of its Prior Approval Supplement for manufacturing Calcitriol. This approval was necessary in order to market and commercialize Calcitriol in the United States. Calcitriol is FDA approved under an Abbreviated New Drug Application and is manufactured through a contract manufacturing organization. As previously announced, the company submitted a manufacturing update to the FDA to approve the CMO and the FDA had provided a target date for a response to Rockwell Medical's submission no later than August 19, 2018. The company will provide additional information regarding its plans for commercial production and sales of Calcitriol in the United States as it moves forward. The company does not expect Calcitriol sales to have a material impact on its total revenue for 2018.

08:33 EDT Randa says 'clearly the best acquirer' for Perry Ellis - Randa Accessories announced it sent a letter to the special committee of the board of Perry Ellis International, which claims in part: "Randa is clearly the best acquirer for Perry Ellis International. It is time for the Special Committee to, at long last, engage with us to address our sole remaining open diligence item and enable us to provide shareholders with the highest possible value for their investment. Randa has the financial strength, dedicated resources, product and brand management skills, powerful licensing and retail partnerships, and a track record of successfully concluding complex acquisitions, including that of a publicly-traded company with substantial insider holdings. The preliminary proxy inaccurately asserts that Randa's preference was to share risk by engaging an equity partner. Engaging a third-party partner has never been our intention. Randa has substantial financial resources and no debt. We have delivered executed debt commitment papers to the Special Committee which together with available cash on hand provide sufficient financing to pay the proposed merger consideration. The preliminary proxy inaccurately characterizes Randa's financing as 'insufficient' and 'highly conditional.' Randa has once again sent the Special Committee a document that makes clear the sufficiency of its financing. And, the Special Committee is well aware that the conditionality relates solely to the fact that it has withheld from Randa access to certain key business contacts who were available to the Feldenkreises - two of their fellow Board members...And, most important and quite simply, Randa's consideration of $28.00 per share remains superior to $27.50 per share."

08:33 EDT Horizon Pharma receives two patents for Ravicti Oral Liquid - Horizon Pharma announced that it has received two notices of allowance from the United States Patent and Trademark Office for U.S. patent application numbers 15/944,398 and 15/944,416 that cover Horizon's U.S. approved medicine Ravicti Oral Liquid. These notices of allowance conclude the substantive examination of the patent applications and will result in the issuance of two U.S. patents after administrative processes are completed. The U.S. patents scheduled to issue from these applications will expire on September 22, 2030. After issuance, Horizon plans to list the U.S. patents in the FDA's approved drug products with therapeutic equivalence evaluations, or Orange Book.

08:33 EDT Corning to invest in manufacturing facility for automotive glass solutions - Corning announced that, with the support of the Hefei government, it will invest in an existing production facility in the Hefei Xinzhan Hi-Tech Industrial Development Zone in the Anhui Province, China, for its Automotive Glass Solutions business. This facility, which Corning expects to be fully operational in 2019, will produce Corning Gorilla Glass for Automotive Interiors, a durable and optically advantaged cover glass solution specially designed for automotive interior applications. Retrofitting an existing facility will help Corning bring on new capacity quickly and efficiently in advancing the growth of its automotive glass solutions business.

08:32 EDT Neurotrope enrolls first patient into confirmatory Phase 2 trial of Bryostatin-1 - Neurotrope announce that the first patient has been enrolled into its confirmatory Phase 2 clinical trial with its lead Alzheimer's disease drug, Bryostatin-1. Patient recruitment will take place at approximately 30 clinical sites in the U.S. This follow-on confirmatory clinical trial is planned to include 100 patients with moderate to severe AD. Patients will be randomized 1:1 to be treated with either Bryostatin-1 20ug or placebo, receiving 7 doses over 12 weeks. The primary efficacy endpoint is the change in the Severe Impairment Battery, or SIB, score between the baseline and the average of weeks 13 and 15.

08:20 EDT Discover reports June charge-off rate 3.4% vs. 3.4% last month - Reports June 30 days or more delinquency rate 2.2% vs. 2.2% last month.

08:17 EDT Alliance One proposes shareholders to change name to Pyxus International - Alliance One International announced that it plans to seek shareholder approval to change its name to Pyxus International at the company's Annual Meeting of Shareholders to be held on August 16. On February 8 the company announced an ambitious transformation plan, called "One Tomorrow," intended to drive future growth opportunities and reshape its brand as the trusted provider of responsibly-produced, independently-verified, sustainable, and traceable agricultural products, ingredients and services.

08:11 EDT Bausch Health to begin trading under BHC ticker - Bausch Health Companies announced that the Company will begin trading under the "BHC" ticker on the New York Stock Exchange and Toronto Stock Exchange at the commencement of trading today, July 16. Additionally the Company launched a new corporate web site.

08:09 EDT Silicon Labs appoints Daniel Cooley as Chief Strategy Officer - Silicon Labs announces two new executive appointments. Daniel Cooley has been named Senior Vice President and Chief Strategy Officer. In this new role, Cooley will focus on Silicon Labs' overall growth strategy, business development, new technologies and emerging markets. Matt Johnson, a semiconductor veteran with more than 15 years of industry experience, joins Silicon Labs as Senior Vice President and General Manager of IoT products. Both executives will report to Tyson Tuttle, CEO. Cooley has led Silicon Labs' IoT business for the past four years. Under his leadership, the company built an industry-leading portfolio of secure connectivity solutions, with IoT revenue now exceeding a $100M per quarter run rate. Cooley joined Silicon Labs in 2005 as a chip design engineer developing broadcast audio products and short-range wireless devices.

08:07 EDT OncoSec appoints Sara Bonstein as CFO and COO - OncoSec Medical Incorporated announced the appointment of Sara M. Bonstein as CFO and COO. In these roles, Bonstein will be responsible for leading the Company's financial and capital markets activities, as well as overseeing all G&A functions and technical operations. Bonstein joins OncoSec from Advaxis, where she served as CFO, Secretary, Treasurer and Executive Vice President. Prior to Advaxis, she held key financial leadership positions with Eli Lilly & Company, ImClone Systems and Johnson & Johnson.

08:06 EDT Synchrony selected as strategic provider of consumer financing by JTV - JTV, a leading omni-digital retailer of jewelry and gemstones, has selected Synchrony, as its strategic provider of consumer financing, the two companies announced. JTV will partner with Synchrony on a private label credit card, which offers promotions to incentivize spend. The partnership will also see the re-introduction of the popular StretchPay payment program. With StretchPay customers can spread the cost of their purchases over a longer period of time at no additional charge. JTV's 24-hour-a-day, 7-day-a- week live TV programming currently reaches 85M U.S. households.

08:04 EDT Bank OZK to trade under new name, ticker symbol - Bank OZK, formerly Bank of the Ozarks, will celebrate the first day of trading under its new name and ticker symbol "OZK," marking the occasion by opening the market at Nasdaq. The name change was approved by shareholders on May 7 at the annual shareholders' meeting.

08:03 EDT Arconic, Lockheed collaborate on 3D printing, advanced aerospace materials - As part of an initiative to develop next-generation advanced materials and manufacturing processes, Lockheed Martin (LMT) and Arconic (ARNC) announced a two-year Joint Development Agreement. Together, the companies will develop customized lightweight material systems and advanced manufacturing processes, such as metal 3D printing, to advance current and next-generation aerospace and defense solutions-including new structures and systems not currently in existence. This agreement expands the longstanding relationship between Arconic and Lockheed Martin. The companies currently collaborate on advanced materials and manufacturing projects such as the development of process modeling, simulation tools and lightweight, corrosion resistant alloys. Arconic also supplies Lockheed Martin with a broad portfolio of innovative, multi-material products for the F-35 Joint Strike Fighter aircraft program-from engine to airframe structures-as well as 3D printed metal parts for service on NASA's Orion spacecraft.

08:02 EDT Cabot board authorizes repurchase of up to 10M shares of stock - On Friday, July 13, the Board of Directors of Cabot Corporation declared a quarterly dividend of 33c per share on all outstanding shares of the Corporation's common stock. The dividend is payable on September 14 to stockholders of record at the close of business on August 31. The Board also authorized the company to repurchase up to ten million shares of the company's common stock, increasing the current balance of shares available for repurchase to approximately eleven million.

08:02 EDT Alaska Air reports combined June traffic up 7.3% - On a combined basis for all operations, Air Group reported a 7.3% increase in traffic on a 6.1% increase in capacity compared to June 2017. Load factor increased 1 point to 88.3%.

07:41 EDT Boeing, TAROM announce $586M order for five Boeing 737 MAX 8 airplanes - Boeing and TAROM, the national carrier of Romania, announced they signed an order for five 737 MAX 8 airplanes. The $586M order, at current list prices, was previously listed as unidentified on Boeing's Orders & Deliveries website.

07:32 EDT Wheaton Precious Metals acquires gold and palladium stream on Stillwater - Wheaton Precious Metals (WPM) is pleased to announce that its wholly-owned subsidiary, Wheaton Precious Metals International has agreed to acquire from Sibanye Gold (SBGL) an amount of gold and palladium equal to a fixed percentage of production from the Stillwater and East Boulder mines, collectively "Stillwater." Wheaton International will pay Sibanye-Stillwater upfront cash consideration of $500M upon closing of the Precious Metals Stream. In addition, Wheaton will make ongoing payments equal to 18% of the spot gold price and spot palladium price until the reduction of the advanced payment to nil, and 22% of the spot gold price and spot palladium price thereafter. The Precious Metals Stream is effective July 1, 2018

07:31 EDT Colliers International announces NCIB - Colliers International announced that the Toronto Stock Exchange has accepted a notice filed by Colliers of its intention to make a normal course issuer bid, or NCIB, with respect to its outstanding subordinate voting shares. The notice provides that Colliers may, during the twelve-month period commencing July 18, 2018 and ending no later than July 17, 2019, purchase through the facilities of the TSX, alternative Canadian Trading Systems or The NASDAQ Stock Market up to 2,800,000 Subordinate Voting Shares in total, being approximately 10% of the "public float" as of July 3, 2018 of such class of shares. Purchases of Subordinate Voting Shares through Nasdaq will be made in the normal course and will not, during the twelve-month period ending July 17, 2019 exceed, in the aggregate, 5% of the outstanding Subordinate Voting Shares as at the commencement of the NCIB. The price, which Colliers will pay for any such shares, will be the market price at the time of acquisition. During the period of this NCIB, Colliers may make purchases under the NCIB by means of open market transactions or otherwise as permitted by the TSX and/or Nasdaq. The actual number of Subordinate Voting Shares, which may be purchased pursuant to the NCIB and the timing of any such purchases, will be determined by senior management of Colliers. The average daily trading volume on the TSX from January 1, 2018 to June 30, 2018 was 59,488 Subordinate Voting Shares. Daily purchases under the NCIB will be limited to 14,872 Subordinate Voting Shares, other than block purchases. All shares purchased by Colliers under the NCIB will be cancelled. As of July 3, 2018, there were 37,869,092 Subordinate Voting Shares and 1,325,694 multiple voting shares of Colliers outstanding.

07:15 EDT Boeing, United Airlines announce $1.1B order for four 787 Dreamliners - Boeing (BA) and United Airlines (UAL) announced the carrier has expanded its commitment to the 787 Dreamliner program with a repeat order for four more 787-9 airplanes. The deal, valued at about $1.1B per current list prices, was finalized this year and was listed as unidentified on Boeing's Orders & Deliveries website. With this latest purchase, United Airlines has now ordered 55 787 Dreamliners. Nearly half of all 787 customers have placed repeat orders for the airplane.

07:10 EDT Idera Pharmaceuticals says cash, cash equivalents to fund operations into 3Q19 - The company said, "Idera (IDRA) ended Q1, with cash and cash equivalents totaling $107.5M, which as of the reporting of Q1 is anticipated to fund current operations into 3Q19. Subsequently, Idera announced an agreement with Bristol-Myers Squibb (BMY) related to the funding of ipilimumab for the ILLUMINATE-301 trial, the cost of which we had previously budgeted for in our cash forecast, and as a result of the terminated merger with BioCryst Pharmaceuticals (BCRX) we also received $6M in related fees. These two items have not yet been reflected in the Company's financial runway and will be updated as the results of Q2 are reported. In addition, as previously disclosed on June 20, 2018, shareholders voted to approve giving the Board of Directors discretion to implement a reverse stock split of not less than 1-for-4 and not more than 1-for-8."

07:08 EDT Seeco Holding announces partnership with Shandong Ruyi Group, - Secoo announced a strategic partnership with Shandong Ruyi Group, a Chinese textile conglomerate with an extensive portfolio of fashion, luxury clothing and accessories brands. Through the Partnership, both companies will leverage respective resources and expertise in branding, technology, network and channel management to jointly establish a global omni-channel fashion supply chain characterized by deep cooperation in brand operations, big data, smart manufacturing and smart retail.

07:07 EDT Idera Pharmaceuticals says executing on Phase 3 ILLUMINATE-301 trial - Idera Pharmaceuticals (IDRA) is providing an update on the company's corporate strategy and outlook following the recent termination of its proposed merger with BioCryst Pharmaceuticals (BCRX). Vincent Milano, Idera's CEO stated, "Today, we advance the next chapter of our company's future with a clear picture of our mission, which is to ultimately deliver tilsotolimod to as many patients suffering from cancer as we possibly can. We have generated a significant body of evidence for tilsotolimod, including pre-clinical studies, translational research and meaningful clinical data in our ongoing ILLUMINATE-204 trial in anti-PD-1 refractory melanoma, as well as Fast Track Designation from the Food and Drug Administration. This gives us a great deal of confidence in tilsotolimod's ability to prime the immune system to play a more powerful role in the fight against cancer, representing an exciting value proposition for both shareholders and patients.We are executing on the pivotal Phase 3 trial, ILLUMINATE-301, in anti-PD-1 refractory melanoma and are partnering with three separate planned investigators/institutions in support of their respective investigator sponsored trials, each of which is exploring tilsotolimod in different patient populations. Through the body of data we've generated to date, as well as from our discussions with our key opinion leader advisors, it has become abundantly clear to us that tilsotolimod has the opportunity to play a more expanded role in the immuno-oncology landscape, particularly in tumor types with limited immunogenicity that have not previously responded well to check-point inhibition approaches."

07:06 EDT Pratt & Whitney to power Middle East Airlines order of 11 A320neo aircraft - Pratt & Whitney, a division of United Technologies (UTX), announces that Middle East Airlines has selected the Pratt & Whitney Geared Turbofan engine to power 11 firm Airbus (EADSY) A320neo family aircraft. Pratt & Whitney will also provide Middle East Airlines with engine maintenance through an EngineWise service agreement. The Lebanon-based airline currently operates nine V2500-powered A320 family aircraft.

07:04 EDT Avanos and Leiters announce preferred provider relationship for ON-Q - Leiters, an FDA-registered 503B outsourcing provider of high quality ophthalmology and hospital-based services, and Avanos Medical announced a preferred provider relationship to fill the ON-Q* Pain Relief System. In the midst of the national drug shortage, many of Avanos' acute and non-acute customers have requested assistance with filling the ON-Q* Pain Relief System. Leiters will serve as a preferred fill service provider for the ON-Q* Pain Relief System.

07:03 EDT Lithia Motors announces George Hines as CTIO - Lithia Motors announced George Hines has joined us as Chief Technology & Innovation Officer. Prior to joining Lithia, George held similar roles in innovation and technology for a variety of companies providing retail, e-commerce, hospitality and live event marketing. Most recently, George served as CIO of Massage Envy Franchising, an omni-channel wellness brand with over 1,150 independently owned and operated franchise locations.

07:02 EDT Akoustis announces BAW RF filter design win, commercial production order - Akoustis Technologies announced it has received its first production order for initial quantities of the AKF-1938, a 3.8 GHz filter that is designed for general purpose transceiver, commercial radio, military radio and phased-array radar markets. The AKF-1938 is closely aligned with the emerging 5G mobile frequency spectrum and gives Akoustis its first BAW RF filter design win above 3 GHz. The first customer of the AKF-1938 is a well-established military OEM specializing in non-mobile communication systems with annual revenue of more than $1 billion. Akoustis received a pre-production order for the AKF-1938 from this customer last quarter and expects to complete shipment of pre-production packaged products later this quarter. The product qualification of the AKF-1938 has started and the Company expects to be fully qualified and begin shipping production filters in calendar Q4 2018. The AKF-1938 is a compact 3.8 GHz BAW RF filter, which is manufactured using Akoustis' new proprietary XB1 single-crystal BAW manufacturing process, and delivers high-performance RF filter solutions for frequencies up to 7 GHz. The AKF-1938 provides low insertion loss covering 100 MHz of bandwidth and meets the stringent rejection requirements for microwave radar applications. The filter solution incorporates standard commercial module packaging and is compatible with high-volume, lead-free SMT soldering processes.

07:02 EDT Kingsway Financial announces agreement to sell non-standard auto business - Kingsway Financial Services announced it has entered into a definitive agreement with Premier Holdings to sell its non-standard automobile insurance companies Mendota Insurance Company, Mendakota Insurance Company and Mendakota Casualty Company for an aggregate purchase price equal to Mendota's statutory surplus at June 30, 2018, expected to be finalized prior to the release of the company's operating results for the second quarter ended June 30, 2018. The company will record an estimated loss on disposal during the second quarter of 2018, primarily driven by the write-down of a $7.6M indefinite lived intangible asset related to Mendota. The company will redeploy the proceeds from the sale to acquire limited liability investments and other investments owned by Mendota at the time of the closing. The transaction is expected to be completed during the third quarter of 2018 subject to the receipt of regulatory approvals.

07:01 EDT Spero Therapeutics awarded $15.7M from BARDA to develop SPR994 - Spero Therapeutics announced that it was awarded funding of $15.7M, with the potential for up to an additional $28.5M over 5 years, from the Biomedical Advanced Research and Development Authority, or BARDA. The funding will support the further clinical development of Spero's oral carbapenem product candidate, SPR994, for the treatment of complicated urinary tract infections, or cUTIs. As part of the inter-agency collaboration with Spero, a series of studies to assess the efficacy of SPR994 will be conducted by the U.S. Army Medical Research Institute of Infectious Diseases, USAMRIID. In addition, the Defense Threat Reduction Agency, or DTRA, will provide support up to $10M to fund the nonclinical biodefense aspects of the inter-agency collaboration. The collaboration may also include a clinical trial in pneumonia patients, an indication for which tebipenem, SPR994's active pharmaceutical ingredient, is currently approved in Japan for pediatric use. Together, the two agencies will provide up to $54.2M in total funding for the clinical development and biodefense assessment of SPR994, a portion of which is subject to the exercise of options by BARDA and Spero's achievement of specified milestones.

06:54 EDT Bank of America CFO says plans to return $26B to shareholders in next 12 months - Paul Donofrio, CFO said, "This marks the 14th consecutive quarter of positive operating leverage, which drove the improvement in pretax income. In addition, a 5 percent reduction in diluted shares added to EPS growth. Thanks to the hard work and focus of teammates across the firm, we have eliminated or reduced expenses that don't directly contribute to responsible growth in our business lines. Our strong and consistent results have also allowed us to increase our dividend by 25 percent beginning in the third quarter. In the next 12 months, we plan to return $26 billion to shareholders through common dividends and share repurchases."

06:53 EDT Bank of America CEO says solid operating leverage drove earnings in Q2 - Brian Moynihan, Chairman and CEO said, "Solid operating leverage and client activity drove earnings higher this quarter. Responsible growth continued to deliver as a driver for every area of the company. We grew consumer and commercial loans; we grew deposits; we grew assets within our Merrill Edge business; we generated more net new households in Merrill Lynch; and we supported more institutional client activity - all of this while we continued to invest in our businesses and began an additional $500 million technology investment, which we intend to spend over the next several quarters, due to the benefits we received from tax reform. Even while making investments in people, technology, new markets and real estate, we managed to lower expenses again this period

06:50 EDT Bank of America reports Q2 NII up 6% to $11.7B - Reflecting benefits from higher interest rates, as well as loan and deposit growth. Provision for credit losses increased $101M to $827M. Net charge-off ratio remained low at 0.43%.

06:48 EDT Bank of America reports Q2 return on average assets 1.17% - Reports Q2 return on average common shareholders' equity 10.75%; Return on average tangible common shareholders' equity 15.15%; Efficiency ratio 59.

06:45 EDT JPMorgan reports June net credit losses 2.39% vs. 2.56% last month - Reports June 30-plus day delinquency rate 1.11% vs. 1.11% last month.

06:35 EDT United Technologies consortium, Vietnam Airlines sign three-year agreement - Vietnam Airlines has signed a 3-year maintenance services agreement with IAE International Aero Engines. The non-exclusive agreement will cover engine overhauls for the airline's V2500 engines. The V2500 engine is offered through IAE International Aero Engines AG, a multinational aero engine consortium whose shareholders comprise Pratt & Whitney, a division of United Technologies, Pratt & Whitney Aero Engines International, Japanese Aero Engines Corporation and MTU Aero Engines.

06:32 EDT American Express reports June write-off rate 2.0% vs. 2.2% last month - Reports June 30 days past due loans 1.3% vs. 1.3% last month.

06:27 EDT BlackRock reports $20B of total net inflows in Q2 - Positive across active, index and cash management.

06:21 EDT Boeing finalizes $1.7B order for five 777 Freighters with Qatar airways - Boeing and Qatar Airways finalized an order for five 777 Freighters at the 2018 Farnborough International Airshow. The deal, valued at $1.7B at current list prices, was announced as a commitment in April. Qatar Airways operates a fleet of 13 777 Freighters and two 747-8 Freighters. With this latest order, the airline is set to grow its Boeing Freighter fleet to more than 20 jets.

06:10 EDT Coda Octopus Group enters into CRADA to transition DAVD-HUD into complete system - Coda Octopus Group announced the Company has entered into a Navy Cooperative Research Development Agreement, or CRADA, to transition the prototype of the Divers Augmented Vision Display-Head Up Display system, or DAVD-HUD, into a complete system that is ready for operational use, with Naval Surface Warfare Center Panama City Division. or NSWC PCD. The DAVD-HUD first generation system, along with an outline plan for the development of the second, third and fourth generations of the DAVD-HUD, were unveiled by Paul D. McMurtrie, Diving Equipment RDT&E Program Manager for Naval Sea Systems Command 0038 at the Undersea Defence Technology 2018 conference held June 27 in Glasgow, Scotland. The outline plan indicates that the DAVD-HUD product will advance military naval activities significantly, and is considered a critical deliverable to Naval Sea Systems Command or NAVSEA, and other naval bodies. Under the terms of the CRADA, CODA, in collaboration with NSWC PCD, will transition the existing prototype to a first-generation operational system in production no later than 12 months from the date of the CRADA. CODA would then be granted an Exclusive Invention Licensing Agreement to produce and supply the complete system of software and hardware to the Navy and military community.

06:04 EDT Bank OZK celebrates trading under new name, ticker symbol at Nasdaq - Bank OZK, formerly Bank of the Ozarks, will celebrate the first day of trading under its new name and ticker symbol "OZK," marking the occasion by opening the market at Nasdaq. Bank OZK Chairman and CEO George Gleason will be joined by executives from throughout the company to ring the opening bell at the Nasdaq MarketSite in Times Square. The name change was approved by shareholders on May 7 at the Annual Shareholders' Meeting.

06:02 EDT CUI Global announces $660,000 biomethane skid contract from UK gas operator - CUI Globa announced that its wholly-owned energy subsidiary, Orbital Gas Systems, has secured a contract from a major UK gas operator for its large scale, biomethane metering skids that includes the company's proprietary GasPT analyzer and VE Technology sample probe. The contract, valued at $660,000, is for the first of several skids anticipated to be designed, built, and delivered to the customer following the UK's recent approval of the Domestic and Non-Domestic Renewable Heat Incentive, or RHI Scheme, which went into effect on May 22. The contract, expected to be delivered in late 2018, calls for the provision of 24" and 16" metering skids for installation at a large distribution network off-take in England. Biomethane is a renewable gas produced from biodegradable matter such as food waste, sewage or energy crops. When injection into the gas grid, biomethane provides a sustainable, flexible and economic solution that, according to experts, could significantly contribute the UK's heat demand by 2050. Through the RHI scheme, a renewable premium for biomethane injected into the grid, the UK government has helped to create a new renewable market driving down costs through competition and the establishment of UK supply chains.

05:58 EDT Luxoft announces partnership with MBition GmbH - Luxoft Holding (LXFT) announced it has partnered with MBItion GmbH, a wholly owned subsidiary of Daimler AG (DDAIF), to open a research and development center in Berlin to spur innovation and deliver software services for future Daimler AG vehicles.

05:54 EDT Lockheed Martin signs teaming agreement with Rafael Advanced Defense Systems - Lockheed Martin and Rafael Advanced Defense Systems of Israel, signed a Memorandum of Understanding to evaluate potential markets and customer requirements for Rafael's Smart, Precise Impact and Cost-Effective missile guidance kits.

05:52 EDT Kratos Defense receives 10-year sole source single award framework contract - Kratos Defense announced that it has received a 10-year sole source, single award framework contract from QinetiQ UK for Kratos' MQM-178 Firejet aerial targets, spares, ground support equipment, technical services, and training. It is currently anticipated that multiple Firejet Targets will be utilized annually under this contract agreement. Kratos is a leading provider of high performance, jet powered unmanned aerial drone systems for tactical and target threat representation purposes. Work under this contract award will be performed at secure Kratos facilities, QinetiQ and customer locations.

05:49 EDT Orange SA acquires Basefarm Holding for EUR 350M - Following a competitive tender process initiated by Abry Partners for its stake in Basefarm, the Orange Group, through its enterprise subsidiary Orange Business Services, has announced today the signature of a contract to acquire 100% of the company's capital for an enterprise value of EUR 350M. Basefarm is a leading European player in cloud-based infrastructure and services, as well as the management of critical applications and data analysis. The company, which recorded revenues of over 100 million euros in 2017, has enjoyed strong growth since 2015. Basefarm has a strong operational presence in several European countries, particularly in Norway, Sweden, the Netherlands, Austria and in Germany, where it boasts a cutting-edge big data activity. Its business proposition lies at the forefront of the most innovative services in cloud computing, Big Data and Artificial Intelligence thanks to the widely-recognized expertise of its 550 employees and to the high satisfaction from its customers.

05:45 EDT Allegheny Technologies acquires Addaero Manufacturing, terms not disclosed - Allegheny Technologies announced that it has acquired Addaero Manufacturing, a leader in metal alloy-based additive manufacturing for the aerospace and defense industries, located in New Britain, CT. Including this acquisition, ATI expects 2018 free cash flow generation in excess of $150M, excluding contributions to the ATI Pension Plan. Financial terms of the acquisition were not disclosed.

05:43 EDT Boeing, DHL Express announce purchase of 14 777 freighters - Boeing and DHL announced that the leading international express carrier has placed an order and commitment for 14 Boeing 777 Freighters, and purchase rights for 7 additional freighters. The $4.7B order agreement, at current list prices, was unveiled at the opening of the 2018 Farnborough International Airshow. A portion of the order was previously unidentified on Boeing's Orders & Deliveries website. When the full order is finalized, it will also appear on the website.

05:38 EDT FARO Technologies acquires Open Technologies - FARO the acquisition of Opto-Tech s.r.l. and its subsidiary Open Technologies, s.r.l. Located in Brescia, Italy, Open Technologies offers a rich portfolio of compact, 3D structured light scanning solutions that specifically enable dentists, dental technicians and orthopedics to leverage the 3D world for the creation of crowns, implants and prosthesis. Additionally, Open Technologies offers an integrated suite of industrial products that dramatically reduce time and effort across a variety of product design and inspection applications that include reverse engineering, heritage preservation, product visualization and dimensional measurement. These solutions comprehensively address a variety of market segments including Automotive, Aerospace, Computer Graphics, Furniture, Fashion Design and Public Safety.

05:32 EDT Parker Aerospace, GKN sign technology development agreement - Parker Aerospace, a business group of Parker Hannifin, announces that its Gas Turbine Fuel Systems Division has entered into a technology development agreement with GKN Aerospace Sweden AB to develop integrated engine static-structure thermal management technologies.

05:29 EDT United Technologies signs contract with KAES Hanwha - UTC Aerospace Systems, a unit of United Technologies, announced that it has signed a contract with KAES Hanwha to provide the main electric power generation system, or MEPGS, to Korea Aerospace Industries, or KAI, for its KF-X advanced multirole fighter jet. Under the agreement, KAES Hanwha and UTC Aerospace Systems will design, develop and produce the MEPGS.

05:25 EDT UTC Aerospace Systems awarded contract to upgrade C-130 propellers - UTC Aerospace Systems, a unit of United Technologies, announced that it has been awarded a contract to support NP2000 propeller upgrades for 24 Lockheed Martin C/KC-130T aircraft for the U.S. Navy's Naval Air Systems Command, or NAVAIR. In addition, the company has completed 9 of 12 contracted C-130H propeller upgrades for the Air National Guard, or ANG. Taken together, the total value of the NAVAIR and ANG contracts exceeds $140 million. The contracts were awarded through the NATO Support and Procurement Agency.

05:12 EDT Boeing, Jackson Square Aviation announce order for 30 737 MAXs - Boeing and Jackson Square Aviation, or JSA, announced the leasing company has ordered 30 737 MAX airplanes in its first direct purchase from a jet maker, reflecting the evolution of the airplane lessor's business and its confidence in the market for 737 MAXs. The two companies unveiled the $3.5Bdeal - per current list prices - during a signing ceremony at the 2018 Farnborough International Airshow. The order, previously unidentified on Boeing's Orders & Deliveries website, represents the 100th customer for the 737 MAX program.