Stockwinners Market Radar for August 24, 2018 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

17:47 EDT Comcast, Fox reach pact over continued carriage of Big Ten Network - Comcast (CMCSA) and Fox Networks Group (FOXA) announced that they have reached an agreement for Comcast to continue carrying the Big Ten Network. The companies also reached an agreement for Comcast to continue carrying all of the Big Ten games on FS1. Under the terms of the agreement, Comcast will continue to offer Big Ten Network to its customers who reside in states with Big Ten universities. Xfinity customers in Delaware, the District of Columbia, and the Northern Virginia/Beltway area will also continue to receive the network given their proximity to Big Ten schools. In addition, in the coming months, customers outside of the Big Ten states will have access to the Big Ten Network as part of Comcast's Sports and Entertainment Package.

17:45 EDT Salesforce co-founder Parker Harris sells 1.3K shares of common stock - In a regulatory filing, Co-founder, CTO, and Director Parker Harris disclosed the sale of 1,297 shares of the company's common stock at a price of $147.23 per share effective August 22nd. The total sales value was $191K.

17:02 EDT Hanwah Q Cells retains financial advisor to evaluate Hanwha Solar offer - Hanwha Q CELLS announced that the special committee the of its board of directors, formed to consider the previously announced preliminary, non-binding proposal, dated August 2nd, 2018, from Hanwha Solar Holdings Co., Ltd. a subsidiary of Hanwha Chemical Corporation incorporated in the Republic of Korea, to acquire all of the outstanding shares of HQCL not already owned by HSH in a "going private" transactionfor a cash consideration of $9.00 per American Depositary Share or US$0.18 per ordinary share, has retained Houlihan Lokey Inc. as its independent financial advisor, Skadden, Arps, Slate, Meagher & Flom LLP as its U.S. legal counsel, and Conyers Dill & Pearman as its Cayman legal counsel to assist it in this process. The Special Committee is comprised of the following independent and disinterested directors: Steve Kim (Co-chair), Richard Chun (Co-chair), and Young Soon Kim.

16:52 EDT Papa John's CEO Ritchie says company 'will always strive for better' - effort to "share the values that will drive the transformation" of the company. "When I became CEO in January, diversity, equity and inclusion became one of my top priorities. What began as a committee of passionate team members has grown into a company-wide effort to realize our values," Ritchie said. "Here's what we've done so far: An independent cultural audit and investigation of our diversity and inclusion practices is underway, with actionable recommendations to follow; I, along with other Papa John's leaders, visited Atlanta, Los Angeles, Dallas, Detroit and Chicago as part of a listening tour to get feedback from team members and franchisees on how we can do better; Recently, the Papa John's leadership team completed unconscious bias training. We will be rolling out the program across the company. I am personally committed to adding more diversity to the leadership team of Papa John's. We're assembling a special advisory group comprised of nationally-respected diversity, equity and inclusion experts to help guide us. We're kicking off the development of two key long-term initiatives: the Papa John's minority-owned franchise expansion and development program; and formation of a new foundation that will be focused on making a positive impact in communities where our team members live and work. We will support causes that bring people together. We are just getting started and we recognize this is only a beginning. On behalf of the 120,000 team members in the Papa John's family, you have my commitment we will always strive for better." Reference Link

16:47 EDT Intracoastal Capital reports 5.03% passive stake in Pain Therapeutics

16:44 EDT Enterprise Products CFO Bryan Bulawa resigns, W. Randall Fowler succeeds - On August 24, Bryan F. Bulawa resigned as Senior Vice President and CFO of Enterprise Products, effective immediately. The Partnership and Bulawa remain in discussions with respect to the terms of his departure. On August 24, the board of directors of Enterprise GP elected W. Randall Fowler to serve as President and CFO, effective concurrently with the effectiveness of Bulawa's resignation. Fowler was elected a director of Enterprise GP in September 2011 and serves as Co-Chairman of the Capital Projects Committee. He has served as the President of Enterprise GP since January 2016, having previously served as Chief Administrative Officer from April 2015 to January 2016.

16:32 EDT Quorum Health appoints Glenn Hargreaves as Chief Accounting Officer - Quorum Health Corporation announced that the company has appointed Glenn Hargreaves as senior VP and Chief Accounting Officer, effective August 27. Hargreaves will oversee the company's General Accounting, External Reporting, SOX Compliance, Tax and Revenue Management activities. Hargreaves most recently served as the Chief Accounting Officer for Tivity Health, a position he held since 2012. Hargreaves also briefly served as interim CFO for Tivity Health from November 2016 through July 2017.

16:31 EDT Medtronic raises quarterly dividend 9% to 50c per share - The board of directors of Medtronic approved the fiscal year 2019 second quarter cash dividend of 50c per ordinary share, representing a 9% increase over the prior year. This quarterly declaration is consistent with the dividend announcement made by the company in June 2018. Medtronic is a constituent of the S&P 500 Dividend Aristocrats index, having increased its annual dividend payment for the past 41 consecutive years. The dividend is payable on October 19, 2018, to shareholders of record at the close of business on September 28, 2018.

16:24 EDT Lightspeed China Partners reports 13.8% stake in Jianpu Technology

16:19 EDT United Continental to transfer to Nasdaq from NYSE - United Continental announced that it is transferring its stock exchange listing to The Nasdaq Global Select Market from The New York Stock Exchange, or NYSE. United Continental expects its common stock to begin trading on the Nasdaq Global Select Market on September 7 and will continue to be listed under the ticker symbol (UAL).

16:16 EDT Concho Resources exec Nelson sells 11,000 common shares - In a regulatory filing, Concho Resources senior VP of operations and production Erick Nelson disclosed the sale of 11,000 common shares of the company at a price of $133.98 per share.

16:11 EDT Amerco announces special cash dividend of 50c per share - AMERCO, on August 23, declared a special cash dividend on its common stock of 50c per share. The dividend will be payable September 24 to holders of record on September 10.

16:02 EDT Acorn International announces departure of CFO - Acorn International announced the departure of Vice President and CFO Mr. Geoffrey Gao Weiji for personal reasons. Effective immediately, Acorn has appointed Mr. Martin Oneal Key, as Acting CFO of Acorn. Mr. Key has held a variety of finance leadership roles in both China and the U.S. He is engaged by Roche Enterprises, Inc. and currently also serves as CFO of Cachet Hotel Group, an international hospitality branding and management company which is also part of the Roche Enterprises, Inc. group of companies, and he holds shares of Cachet. Roche Enterprises, Inc. is owned by Acorn's Executive Chairman, Mr. Robert Roche and Mr. Roche is the Executive Chairman and the majority shareholder of Cachet. Mr. Fisch is a shareholder and member of the Board of Directors of Cachet. The Company has brought Mr. Key on board as part of the establishment of the Roche Enterprises, Inc. (RE) Shared Services Center with the objective of providing superior back office support service to Acorn while reducing costs. Mr. Key will provide services as CFO to both Acorn and Cachet Hotel Group and will be supported by Mr. Aspen Bai, who is also engaged by Roche Enterprises, Inc. and has been appointed as Acting Financial Controller for Acorn in addition to his role as Financial Controller at Cachet.

15:24 EDT CVI Investments reports 8.9% passive stake in Safe-T

13:24 EDT Pebblebook comments on ISS recommendation on LaSalle Hotel transaction - Pebblebrook Hotel Trust (PEB) commented on the recommendation from proxy advisory firm Institutional Shareholder Services to vote against the proposed transaction between LaSalle Hotel Properties (LHO) and affiliates of The Blackstone Group L.P. (BX), which is scheduled for a vote on September 6, 2018. "We are pleased with the ISS recommendation that LaSalle shareholders vote AGAINST the proposed transaction with Blackstone using the GOLD proxy card," said Jon E. Bortz, Chairman, President and CEO of Pebblebrook Hotel Trust. "We agree with ISS's conclusion that 'on a risk-adjusted basis, Blackstone's current offer of $33.50 in cash does not appear to represent the best alternative for shareholders,' and their recommendation that LaSalle shareholders vote AGAINST using the GOLD proxy card provides independent, third-party validation of our belief that Pebblebrook's offer is superior," said Bortz. "The ISS recommendation, together with yesterday's Glass Lewis recommendation, represent the independent views of the two major shareholder advisory firms and support Pebblebrook's continuing belief that a combination of the two companies provides LaSalle shareholders with superior value," Bortz continued.

12:54 EDT BancFirst increases quarterly dividend to 30c per share - BancFirst Corporation announced that its Board of Directors has declared a 30c per share cash dividend on the company's common stock, an increase of 42.9% over the quarterly dividend that was paid in each of the previous four quarters. Both improving net interest income and the recent passage of the Tax Cuts and Jobs Act have markedly increased earnings of the company. Notwithstanding the large percentage increase, dividend payout relative to earnings remains at prudent levels in comparison to industry peers. Congressional changes to corporate tax rates could affect future dividend levels. The dividend is payable October 15, 2018, to shareholders of record on September 28, 2018.

12:45 EDT Nordic American Offshore Executive Chairman Hansson, son buy 150K shares - A company majority owned by Alexander Hansson and his father, the NAO Executive Chairman, Herbjorn Hansson, bought 150,000 shares in NAO at an average price of $0.95 per share. Following today's transaction, the Hansson family is holding 13.5% of the common shares of NAO.

12:20 EDT Ithan Creek reports 11.62% passive stake in GreenSky - Ithan Creek Master Investors reports an 11.62% stake in GreenSky, which represents over 7.58M shares. The filing does not allow for activism.

12:00 EDT Gap falls -11.0% - Gap is down -11.0%, or -$3.56 to $28.88.

12:00 EDT Grupo Supervielle falls -21.7% - Grupo Supervielle is down -21.7%, or -$1.99 to $7.16.

12:00 EDT Veeva rises 11.5% - Veeva is up 11.5%, or $10.28 to $99.80.

11:32 EDT CVI Investments reports 7% passive stake in Pain Therapeutics

11:25 EDT Sprint chief HR officer Aziz to leave company - Sprint announced that chief human resources officer Ismat Aziz has decided to leave the company. The company also named longtime Sprint leader and current senior VP of Omnichannel Operations and Customer Experience Deeanne King as chief human resources officer, effective Aug. 27. Aziz will remain with the company through Sept. 7, 2018, to help ensure a smooth transition.

11:04 EDT Lionsgate signs overall television deal with Common, Freedom Road Productions - Lionsgate has signed an overall television deal with Oscar and Emmy winner Common and his Freedom Road Productions to develop and produce new television series. The agreement expands Lionsgate's relationship with Common, who starred in installments of the company's John Wick and Now You See Me hit film franchises. Common's additional film credits include starring roles in Wanted and Selma, for which he earned an Academy Award for the original song "Glory." He also received an Emmy for his music in Ava DuVernay's Oscar nominated and Emmy winning documentary 13th. Common is currently starring in and executive producing the hit television series The Chi on Showtime, and his upcoming film projects include Warner Brothers' Smallfoot, FOX's The Hate U Give, Hunter Killer from Lionsgate's Summit Entertainment label and indie films Three Seconds and All About Nina.

10:56 EDT Express Scripts shareholders approve acquisition by Cigna - Stockholders of Express Scripts Holding Company (ESRX) approved the proposed acquisition of Express Scripts by Cigna (CI). Based on a preliminary tabulation, approximately 78% of the shares of Express Scripts common stock outstanding and entitled to vote adopted the agreement and plan of merger with Cigna and certain of its subsidiaries. These shares represent more than 99% of the shares voted at a special meeting of shareholders. Cigna also announced that its stockholders also adopted the merger agreement. The transaction remains subject to the satisfaction of customary closing conditions, including applicable regulatory approvals. Express Scripts expects the transaction to close by December 31.

10:30 EDT Carolina Financial raises quarterly cash dividend 16.7% to 7c per share - Carolina Financial Corporation announced that its Board of Directors approved a quarterly cash dividend of 7c per share, an increase of 1c per share, or 16.7%, from the previous quarterly dividend of 6c per share. The dividend will be payable on October 4, 2018 to stockholders of record as of September 20, 2018.

10:28 EDT Maxar found no material errors in previously issued financial statements - Maxar Technologies earlier today said in a press release that it has received a number of investor inquiries following the "inaccurate statements and misleading conclusions" included in a report from Spruce Point Capital Management, a hedge fund with a "track record of launching negative campaigns against North American public companies after taking a short position in their stock." Maxar went on, "As it admitted in its report, the hedge fund 'stands to realize significant gains in the event that the price of [Maxar's] stock declines,' whether or not the statements in the report are accurate. Management, together with the Board of Directors, is committed to continuing to communicate accurately and transparently and to actively engage with investors on its financial outlook and growth strategy...In response to the accounting claims made in the report, the audit committee of the Board of Directors undertook a review of the elements of the Company's financial statements and disclosures associated with Spruce Point's claims and found no material errors in the previously issued financial statements and disclosures under IFRS. The audit committee takes seriously any claims regarding the Company's financial reporting. Specifically, the committee conducted a thorough and independent review that addressed claims made by the hedge fund's report prior to issuing this response. The audit committee conducted its review with the assistance of external advisors including its independent auditor, KPMG LLP, and independent third-party subject matter experts. The Board of Directors has reaffirmed its full confidence in the Company's management team. The Board fully supports the management team as they successfully manage the execution of the Company's strategies for growth and value creation for the benefit of all shareholders...The Company is on target to achieve $25 million in cost synergies in 2018 and remains confident in its run rate target of $60 to $120 million in revenue and cost synergies by the end of 2019...The Company has ample current liquidity. The Company has no material debt repayment requirements until 2020 and has access to an undrawn bank revolver line of credit of $600 million, as of June 30, 2018, that could be used to offset any short-term cash flow interruptions."

10:13 EDT Namaste rallies after approval of cannabis telemedicine app - Namaste Technologies earlier today announced that the company has received official approval of the latest version of its NamasteMD cannabis telemedicine App for Google Android devices. he company said in a statement, "Approximately 50% of mobile phone users in Canada use Android devices. With the new launch of the apps on both iOS and Android platforms, NamasteMD can now facilitate online patient consultations, free of charge, within 15 minutes from sign-up on the App. The Company anticipates launching real-time consultations through NamasteMD within the next 10 days. Further to the Company's Aug 22ndnews release, NamasteMD has achieved over 14,000 registered users, representing a 130% increase over a 2-month period. The Company anticipates significant acceleration in conversion rates with additional exposure through the Google Play store." Shares of Namaste Technologies are up 10% to $1.45 in early trading.

10:05 EDT The Intersection:Crypto and Wall Street This Week - As bitcoin, ethereum and other cryptocurrencies get increasing attention from investors, Wall Street and its traditional banks continue to adjust to the shift. Catch up on this week's top stories highlighting the intersection of these old guard and new school areas of finance with this recap compiled by The Fly. 1. SEC REJECTS BITCOIN ETFS: The Securities and Exchange Commission has rejected applications for nine separate bitcoin exchange-traded funds, again preventing an attempt to develop an ETF product based upon the volatile cryptocurrency, the Wall Street Journal reported Wednesday. The agency, which denied applications from ProShares, Direxion and GraniteShares, relied on its reasoning for earlier rejections, saying that there are not enough protections against fraud and market manipulations of the underlying products. The move comes as a blow for exchange companies Cboe Global Markets (CBOE) and CME Group (CME) as some of the ETFs rejected would have invested in bitcoin futures contracts the companies launched last year. 2. CME PULLS AHEAD IN BITCOIN FUTURES RACE: Volumes of bitcoin futures listed by CME Group doubled in July and have continued to rise in August, even as the price of the digital currency collapsed, the Financial Times reported Tuesday. Rival exchange operator Cboe Global Markets, which last December launched its own bitcoin future contracts before CME, has lacked in such growth. Cboe quintupled the number of bitcoin contracts any one trader may hold this month to match the limits in place at CME, "promote competition" and provide "more of a level playing field". 3. CHINA CRACKS DOWN ON CRYPTO EXCHANGES: China is blocking access to over 124 websites operated by foreign cryptocurrency exchanges as part of the government's widespread crackdown on activities related to digital currency, South China Morning Post reported Thursday. Authorities will also continue to monitor and shutter domestic websites related to crypto trades and initial coin offerings and prohibit payment services from accepting the currencies, including bitcoin. 4. BERNSTEIN SAYS BITMAIN MAY BE LOSING EDGE: Bitmain Technologies, which controlled an estimated 85% of the market for cryptocurrency mining chips, may be losing its technological edge, Bloomberg reported Wednesday, citing a Bernstein report. The Beijing-based company, which is planning a landmark initial public offering, may need to write down the value of its inventory as manufacturers of competing mining gear catch up, according to Bernstein. In addition, Taiwan Semi (TSMC), which produces chips designed by Bitmain, should ask the company to make full prepayments and refrain from adding capacity solely for crypto-related demand. 5. DPW PROVIDES UPDATE ON DAM OPERATIONS: DPW Holdings (DPW) announced on Thursday that the Valatie Falls, New York hydroelectric dam will become operational during the fourth quarter of 2018 to serve as a fully-dedicated source of low-cost, renewable power for a new co-located cryptocurrency mining farm to be built and operated by DPW's wholly-owned Super Crypto Mining subsidiary. CRYPTO STOCK PLAYS: Cryptocurrency revenues have been pointed to as reasons to be bullish on Advanced Micro Devices (AMD) and Nvidia (NVDA) in select research. Overstock (OSTK), DPW Holdings, Kodak (KODK), Seven Stars Cloud (SSC), Riot Blockchain (RIOT), Pareteum (TEUM) and Social Reality (SRAX) are other stocks that have been touted, or promoted themselves, as a way to play the crypto theme. PRICE ACTION: As of time of writing, bitcoin rose about 1% this week to $6,536 in U.S. dollars, according to CoinDesk. WANT BITCOIN NEWS ALERTS?: To receive alerts on stories relating to bitcoin and other cryptocurrencies, Fly subscribers can enter "Bitcoin" into the "Add symbols" box of their portfolios.

10:01 EDT Cigna shareholders approve Express Scripts acquisition - Cigna (CI) announced that Cigna shareholders have voted, at a special meeting of shareholders to approve the adoption of the previously announced merger agreement with Express Scripts (ESRX). According to the preliminary results announced at the meeting, approximately 90% of the votes cast were voted in favor of the merger agreement. Cigna anticipates that the merger will close by year-end 2018, subject to the satisfaction of customary closing conditions, including applicable regulatory approvals.

10:00 EDT Foot Locker says strength of the business 'clearly in the U.S.'

10:00 EDT Bloom Energy rises 8.2% - Bloom Energy is up 8.2%, or $2.41 to $31.69.

09:47 EDT Sunlands Online falls -8.0% - Sunlands Online is down -8.0%, or -45c to $5.15.

09:47 EDT Grupo Supervielle falls -15.7% - Grupo Supervielle is down -15.7%, or -$1.44 to $7.71.

09:47 EDT Maxar Technologies rises 5.9% - Maxar Technologies is up 5.9%, or $2.03 to $36.18.

09:45 EDT Foot Locker says continues to experience traffic challenges in Europe - Says expects positive trends in traffic in U.S. as back to school season moves forward.

09:42 EDT AMD builds on yesterday's rally, shares up 4% to $23.17

09:24 EDT Foot Locker says expects FL Europe 'to progress in back half of year'

09:17 EDT Cotiviti holders approve merger agreement with Verscend - Cotiviti Holdings and Verscend Technologies announced that Cotiviti's shareholders voted to approve the proposed merger of Cotiviti with a subsidiary of Verscend at a special meeting of Cotiviti's shareholders held August 24, 2018. Approximately 99% of the votes cast at the meeting voted to approve the merger, representing approximately 90% of the outstanding shares of Cotiviti common stock entitled to vote on the merger. The final results will be available in a current report on Form 8-K, which Cotiviti expects to file with the SEC within four business days. Subject to the satisfaction of other customary closing conditions, Cotiviti, Verscend and Veritas expect the merger to close on August 27, 2018, or as soon as practicable thereafter. Upon closing of the merger, Cotiviti's shareholders will be entitled to receive $44.75 in cash per share of Cotiviti common stock, and Verscend will assume all of Cotiviti's outstanding debt, resulting in an enterprise value of approximately $4.9 billion. The combined business will operate as a private healthcare information technology company with unique, data-driven capabilities. Together, the companies are expected to have greater impact in the healthcare IT market by increasing affordability, reducing waste and improving outcomes and quality, as well as offering new opportunities to create substantial value for clients, including complementary solutions across multiple intervention points in the payment process.

09:15 EDT Verizon: Removed all speed cap restrictions for first responders in Hawaii

09:14 EDT Verizon issues statement on California wildfires, hurricane in Hawaii - Mike Maiorana, Verizon SVP of Public Sector said in a statement: "First responders put themselves on the line each and every day. And every day, we are eternally grateful for their bravery and efforts. In supporting first responders in the Mendocino fire, we didn't live up to our own promise of service and performance excellence when our process failed some first responders on the line, battling a massive California wildfire. For that, we are truly sorry. And we're making every effort to ensure that it never happens again. As of yesterday, we removed all speed cap restrictions for first responders on the west coast and in Hawaii to support current firefighting and Hurricane Lane efforts. Further, in the event of another disaster, Verizon will lift restrictions on public safety customers, providing full network access. We've been working closely with mission critical first responders to refine our service plan to better meet their unique needs. As a result, we're introducing a new plan that will feature unlimited data, with no caps on mobile solutions and automatically includes priority access. We'll provide full details when we introduce the plan next week, and we will make it easy to upgrade service at no additional cost. Verizon has long been known as the trusted provider of choice for public safety because of our superior network reliability and our partnership with local first responders in times of crisis. Verizon customers have access to our more than 450,000-square mile 4G LTE coverage advantage over competitors. In addition, we consistently show up in times of disaster to extend our network capabilities, provide our customers with loaner devices, and provide customers of any provider with access to free charging stations. We are proud to support the men and women who serve us all."

09:11 EDT Foot Locker says 'on track' for $230M of CapEx in 2018

09:06 EDT China Commercial Credit regains compliance from Nasdaq - China Commercial Credit announced that it received a letter from the Nasdaq Stock Market stating that the company has regained compliance with Listing Rule 5250.

09:00 EDT E.W. Scripps launches accelerated share repurchase plan for $25M - The E.W. Scripps Company has entered into an accelerated share repurchase agreement to repurchase $25M of its Class A common shares, allowing the company to reduce its outstanding share count. The accelerated plan falls under Scripps' previously announced $100M share repurchase authorization granted by the board of directors in November 2016.

08:44 EDT NV5 Global acquires CALYX Engineers and Consultants for $36M - NV5 Global announced the acquisition of CALYX Engineers and Consultants, a 200-person infrastructure and transportation firm headquartered in Cary, North Carolina. The $36M acquisition, completed with a combination of cash and stock, will be immediately accretive to NV5's earnings.

08:39 EDT iFresh announces LOI to acquire 70% of Dragon Seeds - iFresh announced that it has entered into a non-binding letter of intent, or LOI, to acquire Dragon Seeds, a farm based in Vero Beach, Florida, specializing in Mibao dragon fruit. Pursuant to the terms of the LOI, dated May 2, iFresh is expected to acquire 70% ownership of Dragon Seeds in consideration for a combination of cash and stock to be determined after the completion of due diligence. The final terms of the transaction will be approved by the Audit Committee of iFresh's board.

08:33 EDT Ladenburg Thalmann raises quarterly cash dividend 25% to 1.25c per share - Ladenburg Thalmann Financial Services announced its Board of Directors has approved an increase of its quarterly cash dividend to 1.25c per share of common stock. The dividend is payable on September 28, 2018 to shareholders of record as of the close of business on September 14, 2018.

08:08 EDT Zai Lab to discontinue development of ZL-3101 for AD - Zai Lab announced the decision to discontinue the development of ZL-3101 for the treatment of atopic dermatitis, or AD. This decision was made based on the top-line results of a Phase IIA trial of ZL-3101 in patients with mild to moderate subacute eczema. The double-blind, randomized, placebo-controlled multi-center Phase IIA study enrolled 295 Chinese patients with AD. Although the study showed that topical ZL-3101 was safe and well-tolerated, the treatment showed no difference compared to placebo in the primary efficacy endpoint, a change in the Eczema Area and Severity Index score at day 21.

08:04 EDT Zscaler acquires AI, development team of TrustPath - Zscaler announced that it has acquired market-leading artificial intelligence, or AI, and machine learning technology and the development team of stealth security startup TrustPath. The acquisition extends Zscaler's ability to derive intelligence from the 50B transactions processed daily at peak periods by its cloud to identify anomalous traffic, build user behavioral profiles, compute enterprise risk posture, and detect targeted attacks as they emerge. Financial terms of the acquisition were not disclosed. TrustPath developed artificial intelligence-based algorithms through machine learning to identify new threats, resulting in enhanced security efficacy and accelerated incident response.

07:49 EDT Ubiquiti initiaties dividend program, declares cash dividend of 25c per share - The company said, "The company's operating performance and cash flows have provided more than sufficient capital to operate and grow its business while maintaining a war chest for strategic opportunities and financing a stock repurchase program. The company seeks to complement its existing capital return efforts through the initiation of this dividend policy." The company's Board of Directors declared a 25c per share cash dividend payable on September 10, 2018 to shareholders of record at the close of business on September 4, 2018. The company intends to pay regular quarterly cash dividends of at least 25c per share for the remainder of fiscal year 2019, although all subsequent dividends, and the establishment of record and payment dates, are subject to final determination by the Board each quarter after its review of the Company's financial performance and results of operations, available cash and cash flow, capital requirements, applicable corporate legal requirements, and other factors.

07:31 EDT Broadcom announces HSR approval for proposed acquisition of CA Technologies - Broadcom (AVGO) announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, has expired with respect to the proposed acquisition of CA Technologies (CA). Expiration of the waiting period under the HSR Act satisfies one of the conditions to the closing of the pending transaction, which was announced on July 11, 2018. The transaction remains subject to customary closing conditions, including the approval of CA shareholders and antitrust approvals in the EU and Japan. The closing of the transaction is expected to occur in the fourth calendar quarter of 2018.

07:24 EDT The Buckle up 5% to $29.20 after Q2 results beat estimates

07:03 EDT Enbridge values Spectra Energy Partners transaction at $3.3B - Enbridge (ENB) on behalf of itself and certain of its wholly owned US subsidiaries and Spectra Energy Partners, LP (SEP) announced that they have entered into a definitive agreement under which Enbridge will acquire all of the outstanding public common units of SEP on the basis of 1.111 common shares of Enbridge for each common unit of SEP. The Agreed Exchange Ratio represents a 9.8% increase to the exchange ratio offered by Enbridge on May 17, 2018 of 1.0123 Enbridge common shares per SEP common unit. The transaction is valued at $3.3B based on the closing price of Enbridge's common shares on the New York Stock Exchange / Toronto Stock Exchange on August 23, 2018. As a result of the merger, Enbridge would acquire all of the 81.9 million public outstanding common units of SEP at a fixed exchange ratio of 1.111 common shares of Enbridge for each common unit of SEP. In aggregate, based on the Agreed Exchange Ratio, Enbridge would issue an estimated 91.0 million Enbridge common shares in connection with the transaction, representing approximately 5 percent of the total number of Enbridge common shares outstanding. The transaction has been approved by the board of directors of Enbridge and certain of its wholly owned US subsidiaries. The board of directors of the general partner of SEP (SEP Board) delegated to a conflicts committee consisting solely of independent directors (SEP Conflicts Committee) the authority to review, evaluate and negotiate the transaction on behalf of SEP. The SEP Conflicts Committee unanimously approved the transaction and recommended approval of the transaction to the SEP Board. The transaction has been approved by the SEP Board based on that recommendation. Pursuant to the Agreement, Enbridge has irrevocably and unconditionally agreed to deliver its consent, with respect to all of the SEP common units owned by its wholly-owned subsidiaries, in favor of approval of the transaction. As the majority SEP unitholder, Enbridge's approval by consent will constitute the requisite SEP unitholder vote required to approve the transaction. Closing of the transaction is expected to occur in the fourth quarter of 2018 and will be subject to customary closing conditions. If the transaction does not close before the record date for SEP's distribution to be paid in the fourth quarter of 2018, and subject to SEP Board approval, SEP is expected to pay a cash distribution to its unitholders in the fourth quarter consistent with previously disclosed distribution guidance. Based on an expected fourth quarter closing date for the transaction, a SEP unitholder will receive either a SEP cash distribution or an Enbridge cash dividend.

06:57 EDT Roper Technologies names Neil Hunn as CEO succeeding Brian Jellison - Roper Technologies announced that Neil Hunn has been appointed President and CEO, effective September 1. Hunn is currently Roper's COO and has served as an Executive Vice President and Group Vice President since joining the company in 2011. The company anticipates that Hunn will be elected to its Board of Directors in the near future. In accordance with the company's long-term succession planning process, Hunn will succeed Brian Jellison, who will remain Executive Chairman of Roper's Board of Directors. Jellison has decided to step down from his positions as President and CEO to focus on his health following the diagnosis of a medical condition at the end of last week.

06:08 EDT Maxar Technologies responds to short-seller campaign by Spruce Point Capital - Maxar Technologies released the following statement to shareholders: "Maxar Technologies has received a number of investor inquiries following the inaccurate statements and misleading conclusions included in a report from Spruce Point Capital Management, a hedge fund with a track record of launching negative campaigns against North American public companies after taking a short position in their stock. As it admitted in its report, the hedge fund "stands to realize significant gains in the event that the price of [Maxar's] stock declines," whether or not the statements in the report are accurate. Management, together with the Board of Directors, is committed to continuing to communicate accurately and transparently and to actively engage with investors on its financial outlook and growth strategy. The Company's comments in this filing are focused on areas of the report that management and the Board believe are most relevant. The following information is consistent with the Company's prior disclosures, and also includes additional background and forward-looking statements for the benefit of shareholders. Please refer to the Company's disclosure materials filed with Canadian and U.S. securities regulatory authorities..."

06:02 EDT Trump highlights on Twitter Target CEO comments about economy - President Donald Trump tweeted this morning, "Target CEO raves about the Economy. 'This is the best consumer environment I've seen in my career.' A big statement from a top executive. But virtually everybody is saying this, & when our Trade Deals are made, & cost cutting done, you haven't seen anything yet! @DRUDGE_REPORT"

05:51 EDT T-Mobile discovers security breach of certain customer information - T-Mobile US and its Metro PCS unit have informed customers about a potential security breach that was discovered and shut down by the company. The cyber-security team found and shut down unauthorized access to certain information on August 20, and reported the matter to authorities, T-Mobile says on its website. "None of your financial data (including credit card information) or social security numbers were involved, and no passwords were compromised. However, you should know that some of your personal information may have been exposed, which may have included one or more of the following: name, billing zip code, phone number, email address, account number and account type (prepaid or postpaid)." T-Mobile additionally says, "We take the security of your information very seriously and have a number of safeguards in place to protect your personal information from unauthorized access. We truly regret that this incident occurred and are so sorry for any inconvenience this has caused you." Reference Link

05:21 EDT Visa makes strategic investment in Paidy - Paidy, an instantly-issued post-pay credit provider, announced an investment from Visa as part of the company's Series C funding. Paidy is Japan's first instantly-issued post-pay credit service for ecommerce consumers. In addition, the two companies are partnering on new digital payment experiences that will give Japanese consumers more options when buying online and in-store.

05:14 EDT Weyerhaeuser announces actions to reduce pension liabilities - Weyerhaeuser announced actions to reduce the liabilities of its U.S. pension plan while maintaining the plan's current funded status. First, Weyerhaeuser will offer select U.S. pension plan participants the opportunity to elect an immediate lump sum distribution. Distributions to those who elect to receive a lump sum will be paid from plan assets during the fourth quarter of 2018. Following the lump sum distributions, Weyerhaeuser intends to transfer a portion of its U.S. pension assets and liabilities to an insurance company through the purchase of a group annuity contract. As part of the purchase, the insurer will assume responsibility for annuity administration and benefit payments to select retirees. This transaction would also be funded with plan assets and would be expected to close in 2019. There will be no change to retirees' pension benefits as a result of the group annuity transaction. The company currently expects the lump sum and group annuity transactions will reduce the pension liabilities of its U.S. plan by approximately 30 percent and reduce the number of plan participants and beneficiaries by approximately 50 percent. To maintain the plan's current funded status in connection with these transactions, the company intends to contribute approximately $300 million (or approximately $186 million after-tax) to its U.S. pension plan during the third quarter of 2018. This contribution will be deductible at the company's combined 2017 federal and state tax rate of 38 percent. Additionally, Weyerhaeuser's U.S. pension plan assets will be transitioned to an allocation that will more closely match the plan's liability profile going forward. Weyerhaeuser expects to record one-time non-cash pension settlement charges upon completion of the lump sum offer and annuity purchase, with amounts to be determined following the conclusion of each transaction.