Stockwinners Market Radar for January 30, 2019 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

19:30 EDT Eldorado Gold sees FY19 gold production 390-420K oz - Sees FY20 output of 520K-550K and FY21 of 350K-380K. Eldorado Gold also announced that it will resume mining, crushing, stacking and heap leaching at its Kisladag gold mine in Turkey. Advancement of the previously announced mill project has been suspended.

18:57 EDT ServiceNow CEO: 'We're helping companies drive digital transformations' - In an interview on CNBC's Mad Money, ServiceNow CEO John Donahoe said: "We're helping companies drive digital transformations... We automate workflows which drives productivity... In 2019, I'm most excited about mobile coming to the enterprise... Getting things fixed at work is now as easy as ordering Uber... We want to be at the forefront of the mobile experience."

18:44 EDT Tesla down 4.5% or $13.77 at $295 afterhours following resignation of CFO

18:42 EDT Tesla CFO Deepak Ahuja to step down - Comments from Tesla Q4 earnings call.

18:05 EDT Microsoft says expects FX to impact Q4 revenue by 2%

18:04 EDT Tesla CEO: Satisfaction with Model 3 'incredible, perhaps highest in the world' - Says battery supply for China should be sufficient with some production in Nevada and some in China.

17:58 EDT Ottawa Bancorp CEO Jon Kranov retiring, Craig Hepner to succeed - Ottawa Bancorp, the holding company for Ottawa Savings Bank, announced that CEO Jon Kranov will retire effective August 16. Following his retirement, Kranov will continue to serve as chairman of the company's board and as a member of the bank's board. The board has appointed Craig Hepner to serve as CEO of the company and the bank effective upon Kranov's retirement.

17:49 EDT Facebook says will focus on Apps family, not core metrics

17:46 EDT Hawaii PUC clears general rate case for Hawaii Water's Waikoloa Resort systems - The Hawaii Public Utilities Commission approved a Decision and Order for Hawaii Water Service's general rate case for its Waikoloa Resort water, wastewater, and irrigation systems, enabling the utility to increase annual revenues by $1.7M over three years. The Decision and Order, effective Feb. 8, 2019, allows recovery of investments made by the California Water Service Group subsidiary to improve reliability of its systems along with prudently incurred increases in operating costs. Major recent investments in the Waikoloa Resort water and wastewater systems include upgrades made to the Supervisory Control and Data Acquisition system; construction of two new water wells; upgrades to an existing well and storage tank; electrical upgrades; replacement of water and wastewater pipelines; and inclusion of the remainder of the resort's wastewater treatment plant construction costs. The revenue increase, phased in over three years, includes $800,000 in each of the first two years and $100,000 in the third year.

17:43 EDT United Natural Foods files lawsuit against Goldman Sachs - United Natural Foods (UNFI) filed a multi-count lawsuit in the Supreme Court of the State of New York against Goldman Sachs Group (GS) and its subsidiaries to recover damages and recoup what United Natural Foods believes are the Bank's ill-gotten gains stemming from its improper conduct during the period in which it advised United Natural Foods on the $2.9B acquisition of Supervalu.

17:37 EDT Tesla CEO: Optimistic of being profitable in Q1 and all quarters forward

17:37 EDT Charles Schwab authorizes $4B stock repurchase plan - The board of The Charles Schwab Corporation authorized additional repurchases of the company's common stock. The share repurchase program previously had $1B of repurchases authorized in October 2018. That authorization was completed by year-end 2018, with a total of 22.3M shares acquired. Under the new $4B authorization, shares may be repurchased through open market or privately negotiated transactions based on prevailing market conditions. As of December 31, 2018 the company had 1.36B weighted average common and common equivalent shares outstanding.

17:29 EDT Bankwell Financial increses dividend 8% to 13c per share - Bankwell Financial declared a 13c per share cash dividend, payable February 25 to shareholders of record on February 15, representing an 8% increase when compared to the last quarter's dividend.

17:26 EDT Franklin Mutual Advisers reports 6.1% passive stake in Synaptics - In a regulatory filing, Franklin Mutual Advisers disclosed a 6.1% stake in Synaptics, which represents 2.1M shares. The filing does not allow for activism.

17:20 EDT Fortescue Metals reports Q2 iron ore production 49.2MT vs. 47.5MT last year - Backs FY19 iron ore output forecast at 165MT-173MT.

17:15 EDT Lockheed Martin awarded $559.62M Navy contract modification - Lockheed Martin has been awarded $559.62M for cost-plus-incentive-fee, fixed-price-incentive, cost-plus-fixed-fee modification to a previously awarded contract for Trident II missile production and deployed system support. Work will be performed in Utah, California, Florida, Massachusetts, Colorado, Arizona, Tennessee, Georgia, Pennsylvania and other various locations, and work is expected to be completed September 30, 2023. FY19 weapons procurement funds in the amount of $412.12M; FY19 other procurement funds in the amount of $9.72M and United Kingdom funds in the amount of $137.79M will be obligated on this award. No funds will expire at the end of the current fiscal year. Strategic Systems Programs is the contracting activity.

17:10 EDT Facebook says will start making products encrypted by default - Says will start making products encrypted by default. Says will roll out payments on WhatsApp in more countries. Says investing deeply in Instagram shopping this year. Says Portal has done better than expected.

17:06 EDT Facebook CEO says has 30,000 people working on safety and security - Says has 30,000 people working on safety and security, up from 10,000 two years ago. Says aiming to improve encryption technology in products, particularly messaging.

17:05 EDT Facebook CEO says focused on making progress on social issues - Says believes it built "most advanced systems in the world" in many areas. Says will take "strong execution" through 2019 and beyond until has systems at necessary levels. Says focused on making progress on social issues, building new experiences to "meaningfully improve" lives, building business to support other businesses, and communicating more transparently about how Facebook's services exist in the world. Comments taken from Q4 earnings conference call.

16:45 EDT ServiceNow up 6.9% or $13.30 after Q4 earnings beat at $207.30

16:39 EDT Arbor Realty announces details of special dividend payable on January 31 - Arbor Realty Trust announced the results of the stockholders' elections relating to the special dividend of 15c per share of common stock announced on December 17, 2018, which is payable on January 31. Shareholders of record on December 28, 2018 were able to elect to receive payment of the dividend all in cash or all in common shares, with the total cash distribution limited to 20% of the special distribution. Stockholders who failed to return a timely and properly completed election form before 5:00 p.m. Eastern Time on January 18, 2019 were deemed to have made an election to receive the special dividend entirely in common shares. Based on stockholder elections, the special dividend will consist of approximately $2.5 million in cash, or 20% of the total dividend, and approximately 0.9 million shares of common stock, or 80% of the total dividend. The number of shares included in the special dividend was calculated based on the $11.18 volume weighted average trading price of the Company's common stock on the New York Stock Exchange on January 22, 23 and 24, 2019, the three trading days following the Election Deadline.

16:37 EDT Qualcomm: Q2 guidance excludes QTL revenues for royalties on Apple sales - Management said, "Our financial guidance for the second quarter of fiscal 2019 excludes QTL revenues for royalties due on sales of Apple and other products by Apple's contract manufacturers, as we expect the actions taken by these companies will continue until the respective disputes are resolved. Our financial guidance for the second quarter of fiscal 2019 includes $150 million of QTL revenues from Huawei. This represents a minimum, non-refundable amount for royalties due by Huawei while negotiations continue. This payment does not reflect the full amount of royalties due under the underlying license agreement."

16:33 EDT Qualcomm reports Q1 MSM chip shimpments 186M, down 22% y/y - Reports Q1 QTL revenue $1.018B, down 20% y/y.

16:33 EDT Unitil increases quarterly dividend - Unitil Corporation announced that its board raised the quarterly dividend on the company's common stock to 37c per share, increasing the effective annualized dividend rate by 2c to $1.48 per share. The board declared the Q1 common stock dividend of 37c per share, payable February 28 to shareholders of record on February 14.

16:31 EDT Marathon Oil appoints CEO Lee Tillman as chairman of the board - Marathon Oil has appointed Lee Tillman as chairman, effective Feb. 1. Tillman will continue to serve as president and CEO, a position he's held since 2013. He succeeds Dennis Reilley, who has elected to retire after nearly six years as chairman and more than 17 years on the Marathon Oil board of directors. The company also appointed Gregory Boyce as its lead independent director, effective Feb. 1. Boyce has been a director of the company since 2008.

16:31 EDT Facebook reports 42% year-over-year jump in headcount - Facebook said its headcount was 35,587 as of December 31, 2018, an increase of 42% year-over-year. The company's capital expenditures were $4.37B and $13.92B for Q4 and full year 2018, respectively. Its cash and cash equivalents and marketable securities were $41.11B at the end of Q4.

16:30 EDT Trinseo names Frank Bozich president and CEO - Trinseo announced that Frank A. Bozich has been named President and CEO, effective March 4, 2019. He replaces Christopher D. Pappas, who recently announced his plans to retire following his tenure as President and CEO of Trinseo since 2010. Pappas will transition to the role of Special Adviser to the CEO effective March 4, in support of a smooth transition. Bozich was most recently President and CEO of SI Group, a global specialty chemical company, from 2013-2019.

16:25 EDT Blue Apron reports Q4 customes 746K vs 646K last year - Q4 average order value $57.99 vs. $56.79 last year.

16:23 EDT Genworth and Oceanwide extend merger agreement - Genworth and China Oceanwide have agreed to an eighth waiver and agreement of each party's right to terminate the previously announced merger agreement. The eighth waiver and agreement extends the previous deadline of January 31 to March 15 in consideration of pending regulatory reviews and the upcoming Chinese New Year/Spring Festival holiday, which begins on February 4. The transaction has received all required U.S. insurance regulatory approvals. The closing of the transaction remains subject to other conditions. Oceanwide chairman LU Zhiqiang stated, "We remain committed to the transaction, including the $1.5B contribution to Genworth over time following the consummation of the transaction. The first tranche of $500M is expected to be contributed by March 31, 2019, with the remainder expected to be contributed by the end of 2019."

16:21 EDT Tesla down 2% in after-hours trading after Q4 report - In after-hours trading, Tesla shares are down $5.72, or 1.9%, to $303.05.

16:20 EDT Envestnet, PIEtech announce partnership with Apprise Labs - Envestnet and PIEtech have come together with Edmond Walters to form Apprise Labs, a new startup focused on building software to address estate planning, lifetime cash flow and client retirement needs. The next generation software will add detailed short-term cash flow and tax information to each firm's financial planning solutions, Envestnet Logix and MoneyGuide. The new add-ons will allow advisors to collaborate with clients through an interactive and rewarding user interface to plan for their family's unique legacy needs.

16:19 EDT Microsoft CFO says 'we continue to make strategic investments' - Microsoft CFO Amy Hood said in tonight's earnings release, "Our solid execution delivered another strong quarter, with commercial cloud revenue growing 48% year-over-year to $9.0 billion. We continue to make strategic investments to capture expanding market opportunities to drive growth across our businesses." Microsoft returned $9.6B to shareholders in the form of share repurchases and dividends in its fiscal Q2.

16:18 EDT Fair Isaac CFO Mike Pung to retire effective December 31, 2019 - Mike Pung has announced that he intends to retire from the company December 31, 2019. Pung will remain CFO until a successor is named and will facilitate a smooth transition. FICO will conduct a comprehensive search for its next CFO with the assistance from a national search firm.

16:18 EDT Visa authorizes new $8.5B share repurchase program - Visa said that its board of directors has authorized a new $8.5B share repurchase program.

16:17 EDT PayPal reports FY18 active accounts up 17% to 267M - FY18 Payment transactions rose 27% to 9.9% .

16:16 EDT Tesla sees Model 3 volumes to 'grow substantially over 2018' in 2019 - Tesla said: "In 2019, full-year Model 3 volumes will grow substantially over 2018 due to a full year of high production rates at our Fremont facility. Also, by the end of this year we are expecting to start producing Model 3 vehicles at our Gigafactory Shanghai using a complete vehicle production line. We expect the capital spend per unit of capacity for this factory to be less than half of that of our Model 3 line in Fremont. Additionally, this year we will start tooling for Model Y to achieve volume production by the end of 2020, most likely at Gigafactory 1. All of these activities are setting us up for very significant annual growth in 2019 and beyond."

16:16 EDT Chevron raises quarterly dividend to $1.19 per share - The board of directors of Chevron Corporation declared a quarterly dividend of $1.19 per share, payable March 11, 2019, to all holders of common stock as shown on the transfer records of the Corporation at the close of business February 15, 2019.

16:15 EDT Buenaventura resumes operations at Uchucchacua mine - Buenaventura announced that it has resumed operations at its Uchucchacua mine. As was reported on January 11, 2019, the Contractors' Union at Buenaventura's Uchucchacua mine had initiated a strike on January 9, 2019. The strike lasted 21 days, during which time Buenaventura took the opportunity to perform maintenance at the operation. While Uchucchacua's 1Q19 production will likely be affected by the resulting production lapse, the Company is focused on offsetting the impact in subsequent quarters. Buenaventura therefore maintains its production guidance for the full year 2019, and will continue to provide relevant updates.

16:13 EDT Tesla says 'sufficient cash on hand to comfortably settle' convertible bond - Tesla stated in its earnings letter: "Model 3's success has carried over to our financial performance in Q3 and Q4 of 2018. Operating income in Q4 remained stable at $414M despite a sequential decline in revenue from the sale of regulatory credits, higher import duties on components from China, a price reduction for Model S and Model X in China, and the introduction of a lower-priced mid-range version of Model 3. Our operating margin also improved significantly in the second half of 2018, changing from being negative to on-par with other premium carmakers. Despite margins in the automotive industry typically being lower in Q4, that was not true for us as our operating margin remained strong at 5.7% in Q4. Our GAAP net income of $139 million was impacted by a non-cash charge of $54 million attributable to non-controlling interests. Free cash flow (operating cash flow less capital expenditures) also improved sequentially in Q4 to $910M. In the second half of 2018, our cash position improved by $1.45B despite the scheduled repayment of a $230M convertible bond in Q4. We have sufficient cash on hand to comfortably settle in cash our convertible bond that will mature in March 2019."

16:11 EDT Qualcomm sees Q2 MSM chip shipments 150M-170M - Down 9%-20% y/y. Sees Q2 QTL revenue $1B-$1.1B, down 10%-18% y/y.

16:10 EDT Avon Products to cut 10% of global headcount, take 15% inventory reduction - Avon Products announced significant steps in the strategy to 'Open Up' Avon, particularly its efforts to simplify its operating structure, reduce product line complexity and reduce inventory holding levels. Over the past several months, Avon has taken decisive action to identify and capture cost savings within the Company's existing commercial practices, supply chain operations and global infrastructure footprint. In keeping with a focus on ensuring Avon's operations and infrastructure are fit-for-purpose, the Company is pursuing a structural reset of its inventory processes, including a 15% reduction in inventory levels and 25% reduction in Stock Keeping Units and a 10% reduction in its global headcount. Avon is taking a one-time inventory obsolescence expense of approximately $88M, as a result of its SKU reduction efforts, which will advance the simplification of Avon's operations, drive cost savings through lower raw material and procurement cost. This reset will result in lower operational and ongoing obsolescence costs. Over the longer term, it will result in a more concentrated focus on high-turn, higher margin products, driving greater earnings for Representatives due to lessened discount pressure and enhanced service levels. "Core to our 'Open Up' Avon strategy is to have simpler, leaner operations, and for our infrastructure and mindset to reflect Avon's reality. The initiatives announced today all advance these objectives," said Jan Zijderveld, CEO of Avon. "This reset is an opportunity for us to sharpen our portfolio and concentrate on products that are important and relevant to our customer. This represents an opportunity not just for Avon, but for Her to accelerate her earnings through a more focused portfolio, experience better service, and deliver high quality, modern products she can be proud of." The company also announced plans to reduce its global workforce by approximately 10% to align with ongoing operating model changes and to create a leaner organization that is better aligned with Avon's current and future business focus. These actions are expected to be substantially completed by the end of 2019. This announcement is on top of an 8% reduction of the global workforce completed in 2018. Jan continued, "Decisions like these are always difficult, however, we must take the actions necessary to improve our operations and strengthen our ability to continue investing in our transformation initiatives and fuel our future growth. I would like to express my sincere gratitude to the talented employees affected by this restructuring, and we will do our utmost to ensure everyone is treated with fairness and respect." In connection with the reduction in force announced, the company expects to achieve annualized pre-tax savings of approximately $97M by the end of 2019. The company expects to record total charges related to these actions of approximately $100M before taxes incremental to the approximately $51M in charges associated with Open Up Avon that had been approved to date.

16:09 EDT Facebook shares jump 7%, or $10.98, to $161.40 after Q4 results

16:08 EDT SEI Investments reports Q4 EPS 73c, consensus 74c - Reports Q4 revenue $405.06M, consensus $403.78M.

16:08 EDT Facebook reports daily active users up 9%, monthly active users up 9% - Facebook said daily active users were 1.52Bon average for December 2018, an increase of 9% year-over-year; Monthly active users were 2.32B as of December 31, 2018, an increase of 9% year-over-year; Mobile advertising revenue represented approximately 93% of advertising revenue for Q4, up from approximately 89% of advertising revenue in the Q4 of 2017; Capital expenditures were $4.37B and $13.92B for Q4 and full year 2018, respectively; Cash and cash equivalents and marketable securities were $41.11B at the end of Q4.

16:07 EDT Avon Products to cut 10% of global headcount

16:06 EDT Facebook reports Q4 daily active users up 9% to 1.52B

16:05 EDT Microsoft reports Q2 Windows OEM revenue declined 5% - Windows Commercial products and cloud services revenue increased 13%. Surface revenue increased 39%. Gaming revenue increased 8%.

16:02 EDT Select Bancorp acquires branch from City National Bank of West Virginia - Select Bancorp, the holding company for Select Bank & Trust Company, announced that Select Bank & Trust has entered into a definitive purchase and assumption agreement pursuant to which the bank has agreed to purchase one branch from City National Bank of West Virginia. Terms of the agreement provide for Select Bank & Trust to assume the majority of deposits and to acquire the equipment and other selected assets associated with City National Bank of West Virginia's branch located at 621 Nevan Road, Virginia Beach, VA. Following closing of the proposed transaction, the existing branch office in Virginia Beach would operate as a branch of Select Bank & Trust.

16:01 EDT Enviva raises quarterly dividend to 64c from 63.5c per share - The quarterly distribution will be paid on Thursday, February 28, 2019 to unitholders of record as of the close of business on Friday, February 15, 2019.

15:36 EDT Seneca Foods trading resumes

15:25 EDT Eli Lilly to report Q4 earnings one week earlier than previously scheduled - Eli Lilly announced that it has revised the date for its fourth-quarter and full-year 2018 financial results announcement. The company will now announce results on Wednesday, February 6, one week earlier than previously scheduled. Lilly will also conduct a conference call on that day at 9 a.m. ET, the company stated.

15:10 EDT Arrow Financial announces $5M share repurchase program - The Board of Directors of Arrow Financial on January 30 approved a new stock repurchase program authorizing the repurchase, at the discretion of senior management, of up to $5M of the company's common stock for the period January 30 through December 31, 2019, in open market or negotiated transactions. This new repurchase program will replace the prior $5M repurchase program authorized on October 25, 2017, which expired December 31, 2018. During 2018, the company had repurchased approximately $595,000 of company common stock under the 2018 program.

14:20 EDT Goldberg Capital reports 6.6% passive stake in Intellicheck - In a regulatory filing, Goldberg Capital disclosed a 6.6% stake in Intellicheck, which represents about 200,000 shares. The filing does not allow for activism.

13:27 EDT Wells Fargo says has made 'strong progress,' but 'more work to do'

13:02 EDT MoviePass parent Helios and Matheson seeks reverse-stock split - In an earlier regulatory filing the company said that a special meeting of Stockholders of Helios and Matheson Analytics will be held at 10:00 a.m. Pacific Time, on March 15, 2019 for the following purposes: "To approve an amendment to the Company's Certificate of Incorporation to effect a one-time reverse stock split of common stock at a ratio of 1 share-for-2 shares up to a ratio of 1 share-for-500 shares, which ratio will be selected by the Company's Board of Directors and set forth in a public announcement.

12:55 EDT EA2K reports 6.93% passive stake in Perion Network - In a regulatory filing, EA2K disclosed a 6.93% stake in Perion Network, which represents 1.8M shares. The filing does not allow for activism.

12:04 EDT General Dynamics awarded three Land C4ISR contracts for Canadian Army - General Dynamics Mission Systems-Canada announced that it was awarded three contracts - valued at $621.5M- by the Government of Canada to support the Land Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance, or C4ISR, system for the Canadian Army. The three contracts include: Engineering and Integration, Software Support and Cyber Security Engineering Support. Together with Calian, Scalar Decisions and DLS Technology Corporation, General Dynamics will offer the Canadian Army an improved ability to help protect the communications and information systems they depend on, while continuing to develop technologies that generate economic impact for Canada.

12:00 EDT Scorpio Bulkers falls -10.3% - Scorpio Bulkers is down -10.3%, or -55c to $4.80.

12:00 EDT Biohaven Pharmaceutical rises 11.0% - Biohaven Pharmaceutical is up 11.0%, or $3.81 to $38.49.

12:00 EDT Cleveland-Cliffs rises 16.4% - Cleveland-Cliffs is up 16.4%, or $1.51 to $10.70.

11:32 EDT McDonald's expects to spend less than $1B on EOTF in the U.S. in 2019

11:27 EDT Toyota says production in North America reached nearly 2M in 2018 - In 2018, Toyota built 1,935,230 vehicles at its North American vehicle assembly plants. Since 1986, Toyota's total vehicle production in North America has reached more than 38 million.

11:20 EDT Boeing will make decision on 797 this year, final decision on launch in FY20

11:06 EDT Boeing to invest $4.1B in R&D, 60% of investment to go to jet business

10:54 EDT Boeing on track or exceed planned savings from KLX merger - Management is highly confident with outlook for wide-body demand. Sees new orders "moderating" in FY19 but new orders are "healthy." Sees 777 delivery rate of 3-5 per month in FY19. Management sees need to replace older wide-body aircraft in the early 20s. Comments and guidance provided during Q4 earnings conference call.

10:18 EDT Phunware Inc trading resumes

10:17 EDT Royal Caribbean says 2019 yield outlook 'quite encouraging'

10:13 EDT Royal Caribbean: 2 out of the last 3 weeks have been record booking weeks

10:10 EDT T-Mobile, Sprint announce post-merger plans for new customer experience centers - T-Mobile US (TMUS) and Sprint (S) announced that, pending the close of their previously announced proposed merger to become the New T-Mobile, they plan to build five new Customer Experience Centers around the United States. Each of the new Customer Experience Centers will create an average of 1,000 new jobs, the companies stated. Additionally, the companies plan to expand two existing T-Mobile Centers. These efforts will cumulatively create up to 5,600 additional American customer care jobs by 2021, according to a press release issued by the companies. The companies also shared that they have selected Overland Park, Kansas, as the first of the five new locations.

10:08 EDT Phunware Inc trading halted, volatility trading pause

10:02 EDT Raytheon, Lockheed Martin Javelin JV awarded contract for 2,100 F-Model missiles - The Javelin Joint Venture was awarded a production contract for 2,100 F-Model missiles, following a successful and rigorous system qualification test program that included 21 successful flight tests. The contract launches the initial full-rate production agreement for the Javelin F-Model missile, replacing the Javelin FGM-148E. The Javelin F-Model round deliveries are planned for early 2020 and will be available for international allies, with U.S. government permission.

10:00 EDT 8x8, Inc. falls -12.0% - 8x8, Inc. is down -12.0%, or -$2.31 to $17.00.

10:00 EDT Anthem rises 8.9% - Anthem is up 8.9%, or $24.27 to $296.99.

10:00 EDT Cleveland-Cliffs rises 12.5% - Cleveland-Cliffs is up 12.5%, or $1.15 to $10.34.

09:47 EDT Juniper falls -10.3% - Juniper is down -10.3%, or -$2.89 to $25.06.

09:47 EDT Tupperware Brands falls -19.1% - Tupperware Brands is down -19.1%, or -$7.27 to $30.86.

09:47 EDT Stryker rises 12.0% - Stryker is up 12.0%, or $19.29 to $180.36.

09:40 EDT LSC Communications signs multi-year print agreement with H.O. Zimman - LSC Communications has signed a multi-year agreement with publishing company H.O. Zimman to produce six national sports magazine titles. The six titles include the official Super Bowl Magazine; the official Pro Bowl Magazine; Pro Football Hall of Fame Yearbook; Baseball Hall of Fame Yearbook; the member magazine of the National Baseball Hall of Fame, Memories and Dreams; and the official on-site and internationally distributed program of the Masters, The Masters Journal. Under the new agreement, LSC will provide print manufacturing, distribution and postal optimization services for the six titles.

09:29 EDT Penske Automotive increases dividend to 38c from 37c per share - Penske Automotive has increased the cash dividend to 38c per share. The dividend is payable on March 1 to shareholders of record on February 11.

09:18 EDT Magellan Midstream and Navigator extend open season for potential oil pipeline - Magellan Midstream and Navigator Energy Services extended the open season to solicit commitments from shippers for the potential new Voyager pipeline to transport various grades of light crude oil and condensate from Cushing, Oklahoma to Houston, Texas. Binding commitments are now due on March 29. The proposed Voyager pipeline would include construction of nearly 500 miles of 20- or 24-inch diameter pipeline from Magellan's terminal in Cushing to Magellan's terminal in East Houston. The potential pipeline system is expected to have an initial capacity of at least 300,000 barrels per day with the ability to expand further if warranted by industry demand. The proposed pipeline is planned to be operational in late 2020.

09:16 EDT Disney extends exchange offers, consent solicitations for 21st Century Fox notes - Disney (DIS) announces the extension of the expiration date of the offers to exchange any and all outstanding notes issued by 21st Century Fox (FOX, FOXA) for up to $18.13B aggregate principal amount of new notes to be issued by Disney Holdco 613 Corp. and cash and the related consent solicitations being made by New Disney on behalf of 21st Century Fox America to adopt certain proposed amendments to the indentures governing the 21st Century Fox America Notes. New Disney hereby extends such expiration date from 5:00 p.m., New York City time, on February 6, 2019, to 5:00 p.m., New York City time, on February 19, 2019.

09:10 EDT Sanofi announces fexinidazole approval in Democratic Republic of Congo - Marketing authorization of fexinidazole for the treatment of Trypanosoma brucei gambiense human African trypanosomiasis, more commonly known as sleeping sickness, has been granted in the Democratic Republic of Congo. This approval paves the way for the distribution of fexinidazole in endemic countries this year, with another submission planned in Uganda. Sleeping sickness is usually fatal without treatment. Transmitted by the bite of a tsetse fly, it causes neuropsychiatric symptoms; including aggression, psychosis, and a debilitating disruption of sleep patterns that have given this neglected disease its name. About 65 million people in sub-Saharan Africa are at risk. Fexinidazole is approved in the DRC as a 10-day once-a-day treatment for T.b. gambiense sleeping sickness. Importantly, fexinidazole is the first all-oral treatment that works both for the early stage of the disease as well as the second stage of the disease in which the parasites have crossed the blood-brain barrier, causing patients to suffer from neuropsychiatric symptoms. Fexinidazole could, therefore, eliminate the need for patients' systematic hospitalization. On 16 November 2018, The European Medicines Agency adopted a positive scientific opinion of fexinidazole - a result of clinical trials led by the non- profit research and development organization the Drugs for Neglected Diseases initiative and an application submitted by Sanofi. Sanofi had submitted a regulatory dossier to the EMA under Article 58 of Regulation 726/2004 in December 2017. By allowing for the participation of endemic countries and of the WHO in the evaluation of the fexinidazole regulatory dossier, approval under Article 58 also facilitates and could accelerate future national product registrations and patient access.

09:08 EDT AT&T says can sustain wireless growth without price cuts

09:07 EDT Elbit Imaging announces successful implementation of Insightec Exablate Neuro - Elbit Imaging announced that Insightec and the Brain Research Institute at Yonsei University College of Medicine in Seoul, South Korea, announced that the first patient worldwide completed chemotherapy cycles in a clinical trial to investigate the safety and efficacy of focused ultrasound for disrupting the blood brain barrier, or BBB, in patients with glioblastoma, or GBM. This first patient successfully completed all six sessions of their planned complete adjuvant temozolomide, or TMZ, with BBB disruption treatment. There were no complications or side effects following disruption of the BBB with focused ultrasound. Glioblastoma is the most common primary malignant brain tumor in adults. The blood brain barrier not only protects the brain from toxins, it also prevents the effective delivery of therapeutic agents to treat brain tumors, such as GBM, which is why disrupting the BBB is key for introducing treatment options. The investigational Exablate Neuro device from Insightec delivers low frequency focused ultrasound without surgical incisions to temporarily disrupt the BBB. In the clinical trials, following surgical resection and radiotherapy plus concomitant TMZ, focused ultrasound is delivered during the first treatment of each of the six maintenance cycles of TMZ. The company holds approximately 63% of the share capital of Elbit Medical Technologies which, in turn, holds approximately 22% of the share capital in Insightec.

09:05 EDT Wuhan General, Biodelta form international JV - Wuhan General Group announced that its wholly-owned subsidiary MJ MedTech and Biodelta Nutraceuticals, Ltd. have entered into a joint venture to develop, brand, market and commercialize the internationally trademarked Dr. AnnaRx.The joint venture calls for an initial pilot whereby the Dr. AnnaRx line of CBD based products will be sold across South Africa in more than 1,000 pharmacies. The data Biodelta collects on the pilot will enable them to ensure the Dr. AnnaRx brand will deliver the highest possible ROI when introduced internationally. Under the terms of the Agreement, Biodelta will exclusively develop, distribute and merchandise all products sold under the Dr. AnnaRx brand in South Africa and 8 additional African countries across the African continent.

09:04 EDT Aviat Networks awarded microwave contract with state of Alaska - Aviat Networks announced a new public safety communications project with the State of Alaska. The State will purchase microwave hardware and software required to upgrade police, fire and emergency communications. The State of Alaska will deploy Aviat's IRU 600 EHP all-indoor mission critical microwave radios and CTR 8500 transport routers.

08:43 EDT AT&T says record operating, free cash flows for 2018 - Says: Reported $43.6B cash from operations; $22.4B free cash flow, up $5.9B, or 36%; $7.9B free cash flow in 4Q... Debt reduction plans on track... Has identified many potential assets for sale.

08:37 EDT Ekso Bionics announces $100M JV to develop ekoskeleton market in Asia - Ekso Bionics Holdings announced that its wholly-owned subsidiary, Ekso Bionics, Inc., has entered into an agreement with Zhejiang Youchuang Venture Capital Investment Co. and another partner to establish a joint venture designed to develop and serve the exoskeleton market in China and other Asian markets and to create a global exoskeleton manufacturing center. The joint venture will develop, sell and support exoskeleton products into China, Hong Kong, Singapore, and Malaysia, and will be capitalized at greater than $100M over its term. In addition to ZYVC, the other joint venture partner is Zhejiang Silicon Paradise Asset Management Group. Ekso Bionics will license its manufacturing technology and contribute its relevant Chinese patent rights to the joint venture in exchange for a 20% ownership position, with the other partners committing over $90M in cash. As part of the agreement, subject to certain conditions, Ekso Bionics will receive royalties on the joint venture's medical and industrial product sales in China, Hong Kong, Malaysia, and Singapore. ZYVC and its related parties will also make an equity investment of $10M in Ekso Bionics Holdings, Inc., of which $5M is being invested now and the remaining $5M will be invested after the joint venture begins shipping products. A portion of the joint venture capital will be used to construct a manufacturing facility in Zhejiang, one of the most developed and enterprising regions in China with the highest concentration of privately owned businesses in the country.

08:36 EDT AT&T says Time Warner has been 'accretive since day one' - Says: Strong operational momentum coming out of 2018... Expects to continue growing wireless service revenues. Comments from Q4 earnings conference call.

08:34 EDT ClearSign Combustion appoints Colin James Deller as President, future CEO - ClearSign Combustion (CLIR) has hired Colin Deller as its new President. Deller will transition to the role of CEO on April 1. Deller most recently led the Honeywell (HON) UOP Callidus burner business worldwide. Deller will arrive as President and serve in that capacity until the end of Q1 to enable him to focus his first two months on the business side of ClearSign. Rob Hoffman will continue on as Interim CEO assisting Deller with the transition and will remain responsible for ClearSign's public company reporting obligations until April 1, when Deller will become the CEO.

08:32 EDT Exxon Mobil, Plains All American, Lotus proceeding with Wink to Webster pipeline - ExxonMobil (XOM), Plains All American Pipeline (PAA), and Lotus Midstream announced they have formed the Wink to Webster Pipeline LLC Joint Venture, or JV, and have ordered nearly 650 miles of domestically sourced 36-inch-diameter line pipe. The new common-carrier pipeline system will provide more than 1 million barrels per day of crude oil and condensate capacity and will be constructed from the Permian Basin in West Texas to the Texas Gulf Coast. The Wink to Webster Texas-based pipeline system will have origin points at Wink and Midland to multiple locations near Houston, including Webster and Baytown, with connectivity to Texas City and Beaumont. The project is underpinned by a significant volume of long-term commitments and is targeted to commence operations in the first half of 2021. Plains will lead project construction on behalf of the JV and has already initiated pre-construction activities. The JV anticipates the project will generate more than 3,100 construction jobs. Priority will be placed on utilizing existing pipeline corridors and advanced construction techniques to help limit community and environmental impacts. The Wink to Webster Pipeline will provide safe, reliable and cost-effective transport for ExxonMobil and other Permian producers to market destinations in Texas. The project will be supported by new operational storage capacity at the origin points to facilitate the segregation of multiple crude qualities prior to shipment. Once online, the project will play a critical role in supporting growing production in one of the world's most prolific crude oil basins.

08:25 EDT Alibaba CFO says no update to FY revenue guidance

08:21 EDT Coherent says uncertainty in China clouding near-term visibility - John Ambroseo, President and CEO of Coherent, stated along with the company's first quarter report last night: "Our end markets exhibited a wide range of behavior in the first fiscal quarter. Materials processing was broadly impacted by eroding conditions in China tied to tariffs, rising consumer debt and declining consumer confidence. This was partially offset by wins in Tier 1 automotive with Asian and European suppliers as well as an uptick in medical device manufacturing. Our other commercial markets are faring much better. In microelectronics, semicap and advanced packaging had double-digit bookings growth and the display business was in-line with prior expectations. Orders in our instrumentation business were close to record levels with contributions from bioinstrumentation, medical OEM, aerospace and defense customers. We remain very optimistic about the long-term opportunities for the industry and for Coherent, but uncertainty in China is clouding our near-term visibility. A tariff deal or local stimulus would provide welcome relief, but it is difficult to predict if or when either might occur."

08:17 EDT Royal Caribbean says for FY19, booked position 'better' than a year ago - "Wave Season has started on a strong note and the company's overall booked position for 2019 is better than last year's record high and at higher rates. Demand for our main products is strong across all quarters. The company expects a Net Yield increase in the range of 6.5% to 8.5% in Constant-Currency and 6.0% to 8.0% As-Reported for the full year. These metrics include approximately 350 basis points from the operation of Silversea, the cruise terminal in Miami and the Perfect Day water-park and resort on the island of Cococay in The Bahamas, which will launch in May of 2019. As an ultra-luxury brand, Silversea's revenues and expenses, on a per APCD basis, are both higher than the company's average. Moreover, our new Miami based terminal and Perfect Day will also increase both our revenue and cost metrics, since their additions do not include APCDs. As such, we have provided the impact of these items on our yield and cost metrics' forward guidance." "Our yield outlook for 2019 is very encouraging" said Jason Liberty, executive vice president and CFO. "Demand for our brands continues to accelerate and we are well positioned for another year of double-digit growth in our earnings per share. We are also very excited about the introduction of Celebrity Flora in May 2019 - the first ship designed for the Galapagos - and the introduction of Spectrum of the Seas in the China market in June 2019. These new ships will also be contributors to 2019 yield growth. NCC excluding Fuel are expected to be up 8.5% to 9.0% in Constant-Currency and 8.25% to 8.75% As-Reported. These metrics include approximately 650 basis points from the operation of Silversea, the cruise terminal in Miami and the Perfect Day development. Taking into account current fuel pricing, interest rates, currency exchange rates and the factors detailed above, the company estimates 2019 Adjusted EPS will be in the range of $9.75 to $10.00 per share."

08:15 EDT Royal Caribbean provides FY19-FY23 CapEx guidance - Based upon current ship orders, projected capital expenditures for full year 2019, 2020, 2021, 2022 and 2023 are $2.9B, $3.3B, $2.9B, $3.4B and $1.0B, respectively. Capacity changes for 2019, 2020, 2021, 2022 and 2023 are expected to be 8.6%, 4.1%, 9.0%, 7.7% and 2.8%, respectively. These figures do not include potential ship sales or additions that we may elect to make in the future.

08:12 EDT Charles River, Toxys enter agreement to offer ToxTracker in North America - Charles River Laboratories International and Toxys have entered into an agreement to offer access to ToxTracker in North America. ToxTracker is a suite of assays that allow rapid carcinogenicity toxicity hazard identification in novel and existing drugs, chemicals, and other substances. With an extremely high level of sensitivity and specificity, ToxTracker can be used to quickly screen chemicals for genotoxicity. By combining multiple biomarkers, ToxTracker provides mechanistic insight into undesired properties of compounds.

08:10 EDT OpenGate Capital to acquire S&G from Stanley Black & Decker, terms not disclosed - OpenGate Capital announced that it has signed an agreement to acquire Sargent and Greenleaf from Stanley Black & Decker. The transaction is anticipated to be completed in Q1 2019. Financial terms were not disclosed. S&G is a brand in the specialized high security lock industry. Founded in 1857 and headquartered in Nicholasville, Kentucky, the business has approximately 120 employees globally with a vast distribution footprint that enables S&G to sell its products into more than 100 countries. S&G designs and manufactures innovative, high-quality mechanical and electronic locks for safes, vaults, safe deposit boxes and highly sensitive environments. The acquisition of S&G is expected to be completed in Q1 2019.

08:09 EDT McDonald's raises quarterly cash dividend 15% to $1.16 per share - The company returned $8.5B to shareholders through share repurchases and dividends. In addition, the company announced a 15% increase in its quarterly dividend to $1.16 per share beginning in the fourth quarter 2018, and increased the cash return to shareholder target for the 3-year period ending 2019 to about $25B. On January 24, McDonald's Board of Directors declared a quarterly cash dividend of $1.16 per share of common stock payable on March 15 to shareholders of record at the close of business on March 1.

08:06 EDT Alibaba: No timetable on monetizing recommendation feed

08:02 EDT Raytheon wins $81M for retrofit of F/A-18E/F and EA-18G aircraft - Raytheon was awarded $81,224,627 for modification P00007 to a previously awarded fixed-price-incentive-firm-target contract. This modification provides for the procurement of 228 configuration components required for completion of Retrofit Component engineering change proposals for the F/A-18E/F and EA-18G aircraft for the Navy and the government of Australia.

08:01 EDT Alibaba CFO sees core profit growth remaining 'healthy'

08:00 EDT McDonald's reports Q4 U.S. SSS increased 2.3% - In the U.S., fourth quarter comparable sales increased 2.3%, driven by growth in average check resulting from both product mix shifts and menu price increases. Operating income for the quarter decreased 1.0%, reflecting lower Company-operated margin dollars and lower gains on sales of restaurant businesses, partly offset by higher franchised margin dollars and G&A savings. In the International Lead segment, fourth quarter comparable sales increased 5.2%, reflecting positive results across all markets, primarily driven by the U.K., Germany and Australia. The segment's operating income increased 8% (12% in constant currencies), due to sales-driven improvements in franchised margin dollars and higher gains on sales of restaurant businesses in the U.K. and Australia. In the High Growth segment, fourth quarter comparable sales increased 4.8%, led by continued strong performance in Italy and the Netherlands, and positive results across most of the segment. The segment's operating income decreased 44% (41% in constant currencies), reflecting non-cash impairment charges. Excluding these charges, the segment's operating income decreased 2% (increased 2% in constant currencies). In the Foundational markets, fourth quarter comparable sales increased 7.1%, reflecting positive sales performance in Japan and across all geographic regions.

07:55 EDT Gran Tierra announces 2018 estimated reserves, prospective resources - Gran Tierra announced the company's 2018 year-end estimated reserves as evaluated by the company's independent qualified reserves evaluator McDaniel & Associates in a report with an effective date of December 31, 2018 and estimated prospective resources as evaluated by McDaniel in a report with an effective date of July 31, 2018. Gran Tierra's existing producing assets are forecasted to generate proved plus probable, or 2P, oil and gas sales of $5.2B and before tax free cash flow of $2.5B and after tax free cash flow of $1.9B over the five year time period of 2019 to 2023. The company Increased average annual Colombia production for 2018 to 36,209 barrels of oil equivalent per day, or BOEPD, up 15% from 2017. Gran Tierra increased 2P reserves to 142M barrels of oil equivalent , before tax 2P NPV10 to $2.7B and before tax 2P net asset value to $5.96 per share. Also, the company achieved 2P reserve replacement of 140% with total 2018 2P reserve additions of 19 MMBOE, with approximately 13 MMBOE of these additions attributable to the Acordionero oil field, the company's single largest asset. Gary Guidry, president and CEO of Gran Tierra, commented, "During 2018, Gran Tierra grew our 2P reserves to 142 MMBOE and increased our 2P NPV10 to $2.7B, as our diversified portfolio in Colombia continued to deliver growth in net asset value per share. Our two most exciting accomplishments this past year occurred in the Acordionero oil field and in the Ayombero-Chuira La Luna conventional carbonate resource play, both in the Middle Magdalena Valley ("MMV") Basin. In 2018, Acordionero was Gran Tierra's growth engine in terms of reserves additions, while Ayombero provided substantial new Prospective Resources and an inventory of future potential drilling opportunities. During 2018, successful appraisal and development drilling at Acordionero resulted in 8% growth in the field's 2P reserves to 76 MMBOE as recovery factors increased. We believe ongoing growth in this field's 1P and 2P reserves will be achievable as we convert Acordionero's still significant Possible reserves of approximately 21 MMBOE into the 1P and 2P categories.Acordionero has also proved to be a stellar acquisition in terms of value creation. After paying $525 million in mid-2016 to acquire PetroLatina Energy Ltd., whose major asset was Acordionero, this field's before tax 2P NPV discounted at 10% is now approximately three times higher at $1.7 billion at 2018 year-end. Since the acquisition and during an active capital program, the Acordionero field has generated significant free cash flow and we expect that to continue as we further develop the field."

07:46 EDT Encompass Health to build its first hospital in Iowa - Encompass Health will build its first inpatient rehabilitation hospital in Iowa. The 40-bed, freestanding hospital will be located in Coralville and is expected to begin serving patients in 2Q20. Construction is expected to begin in spring 2019, and the project will represent an investment of approximately $27M.

07:41 EDT Alibaba: Reforms in VAT, other taxes positive for business

07:38 EDT Boeing up 6.6% to $389.11 after Q4 results, FY19 guidance top estimates

07:37 EDT Alibaba: Exposure to tangible effects of trade tariffs 'small' - Says external factors driving investor sentiment regarding Alibaba's business. Sees e-commerce, retail digitization growing at faster rate than overall Chinese economy. Says concerns about trade tensions might affect sentiment, but Alibaba's exposure to the tangible effects of trade tariffs is small. Says digitization of retail sector and the resulting productivity and efficiency gains will accrue to Alibaba with or without a trade war. Alibaba is well-positioned to help solve the structural trade deficit issue vis-a-vis the U.S., it said. Comments taken from the Q3 earnings conference call.

07:36 EDT Boeing CEO sees 'continued strong performance' in 2019 - "Across the enterprise our team delivered strong core operating performance and customer focus, driving record revenues, earnings and cash flow and further extending our global aerospace industry leadership in 2018," said Boeing Chairman, President and CEO Dennis Muilenburg. "Our financial performance provided a firm platform to further invest in new growth businesses, innovation and future franchise programs, as well as in our people and enabling technologies. In the last 5 years, we have invested nearly $35 billion in key strategic areas of our business, all while increasing cash returns to shareholders. Our One Boeing focus, clear strategies for growth, and leading positions in large and growing markets, give us confidence for continued strong performance, revenue expansion and solid execution across all three businesses, which is reflected in our 2019 guidance. We remain focused on executing on our production and development programs as well as our growth strategy while driving further productivity, quality and safety improvements, investing in our team and creating more value and opportunity for our customers, shareholders and employees."

07:35 EDT Hess Corp. sees FY19 E&P capital and exploratory expenditures $2.9B - Sees FY19 oil and gas production, excluding Libya is forecast to be in the range of 270,000-280,000 boepd, compared to full year 2018 net production, excluding Libya and assets sold, of 248,000 boepd.

07:33 EDT Boeing sees FY19 commercial airplane deliveries 895-905

07:32 EDT Boeing sees FY19 operating cash flow $17B-$17.5B

07:30 EDT Eyenovia Inc trading resumes

07:20 EDT Alibaba CEO says Q3 was 'strong' - "Alibaba had another strong quarter. Our resilient operating and financial performance is a direct reflection of our persistent focus on better serving our growing base of nearly 700 million consumers across retail, digital entertainment and local consumer services," said Daniel Zhang, CEO of Alibaba Group. "Our growth is also driven by the power of Alibaba's cloud and data technology that helps expedite the digital transformation of millions of enterprises." "In the December quarter, we delivered strong top-line growth of 41% year-over-year," said Maggie Wu, CFO of Alibaba Group. "The profitability of our marketplace-based core commerce business, as measured by adjusted EBITA, was $7.9 billion, representing a 31% year-over-year growth. This profitability and US$7.5 billion in free cash flow generated this quarter enable us to continue to invest in other important strategic businesses and technology to support the growth of our ecosystem."

07:17 EDT Axsome Therapeutics initiates CONCERT study - Axsome Therapeutics has initiated the CONCERT study, a Phase 2, randomized, controlled trial of AXS-12 in narcolepsy. AXS-12 has been granted orphan drug designation by the FDA for the treatment of narcolepsy. Topline results from the CONCERT trial are expected in Q2.

07:11 EDT Nasdaq sees FY19 operating expense $1.33B-$1.38B - The company is initiating its 2019 non-GAAP operating expense guidance of $1.33B-$1.38B. The guidance includes expenses associated with the acquisitions of Cinnober and Quandl. Nasdaq expects its 2019 non-GAAP tax rate to be in the range of 25%-27%.

07:07 EDT Maxar Technologies terminates participation in DARPA satellite program - Maxar Technologies company SSL has exercised its right to terminate participation in the Robotic Servicing of Geosynchronous Satellites program, a public-private partnership with the Defense Advanced Research Projects Agency, or DARPA, citing a need to focus its resources on ensuring optimal returns when weighed against other capital priorities, such as WorldView Legion. SSL has notified DARPA that it has decided to discontinue its participation in RSGS, an option available at this time under the terms of the Other Transaction Agreement between SSL and DARPA. SSL will also be terminating its associated contract with Space Infrastructure Services LLC, which SSL was awarded in June 2017 to develop a servicing spacecraft vehicle for the RSGS program.

07:06 EDT Can-Fite BioPharma announces publication showing drugs' potential to treat CRS - Can-Fite BioPharma announced that Drug Design, Development and Therapy has published an article titled, "Targeting the A3 Adenosine Receptor to Treat Cytokine Release Syndrome in Cancer Immunotherapy." The article presents data from numerous studies that show adenosine's role in inhibiting inflammatory cytokine production. Can-Fite's Piclidenoson, a Phase III drug candidate, and Namodenson, a Phase II drug candidate, both target the A3 adenosine receptor, which the Company believes may treat cytokine release syndrome while also promoting an anti-cancer effect. CRS is a potentially life threatening side effect of cancer immunotherapies including CAR-T. The market for CAR-T drugs is estimated to reach approximately $5.4B in 2024 according to Evaluate Pharma. Can Fite's platform technology selectively targets A3AR, which plays a central role in mediating the mechanism of inflammation by reducing elevated levels of pro-inflammatory cytokines such as IL-6, IL-1beta, NF-Kbeta, TNF-alpha, and more.

07:04 EDT Sirius XM added 414K net new self-pay subscribers in Q4 and 1.4M in FY18 - Total net subscriber additions in the fourth quarter and full-year were 346K and 1.3M, respectively, resulting in more than 34.0M total SiriusXM subscribers at the end of 2018. Self-pay churn for 2018 totaled just over 1.7%, the lowest full-year churn rate since 2007.

07:01 EDT Sirius XM reports Q4 adjusted EBITDA up 6% to $576M

06:58 EDT AT&T reports Q4 operating income up 3.1% on a comparable basis; EBITDA up 1.9%

06:55 EDT AT&T CEO says top priority for 2019 is reducing debt - "Our top priority for 2018 and 2019 is reducing our debt and I couldn't be more pleased with how we closed the year. In 2018, we generated record free cash flow while investing at near-record levels. Our dividend payout as a percent of free cash flow was 46% for the quarter and 60% for the year, allowing us to increase the dividend for the 35th consecutive year," said Randall Stephenson, AT&T chairman and CEO. "This momentum will carry us into 2019 allowing us to continue reducing our debt while investing in the business and continuing our strong record for paying dividends."

06:55 EDT Eyenovia Inc trading halted, news pending

06:53 EDT AT&T sees FY19 free cash flow in $26B range - Sees FY19: Dividend payout ratio in the high 50s% range; End-of-year net debt to adjusted EBITDA in the 2.5x range; Gross capital investment in the $23B range.

06:48 EDT Alibaba reports Q3 cloud computing revenue up 84% y/y to $962M - Cloud computing revenue grew 84% year-over-year to $962 million, primarily driven by increased spending from enterprise customers. During the December 2018 quarter, Alibaba Cloud launched 678 new products and features, including those related to core cloud offerings, data intelligence, AI applications, security and enterprise solutions. " synergies between our commerce and entertainment businesses continue to deliver a superior user experience that helps us increase paying subscribers for the Youku online video platform. During the quarter, Youku's average daily subscribers increased 64% year-over-year. To more closely align the distribution business with our content strategy, during the quarter, we agreed to increase our stake in Alibaba Pictures to approximately 51%, subject to approval by Alibaba Pictures' independent shareholders. Upon closing, Alibaba Pictures will become our consolidated subsidiary, and our digital media and entertainment businesses, including Youku, Damai and Alibaba Literature, will begin to collaborate more closely with Alibaba Pictures. We have also named Luyuan Fan, the Chairman and CEO of Alibaba Pictures, as the president of our digital media and entertainment business. We believe increased alignment of strategy and management will put our digital media and entertainment business in a stronger position to deliver competitive offerings to consumers."

06:47 EDT Avery Dennison CEO sees 'solid top- and bottom-line growth' in 2019 - Mitch Butier, President and CEO said, "For 2019, we are targeting continued progress toward our 2021 goals. Notwithstanding a significant headwind from currency translation and an uncertain economic climate, we expect to deliver solid top- and bottom-line growth."

06:36 EDT Co-Diagnostics announces elimination of debt - Co-Diagnostics announced the sale of $3M of preferred shares, convertible to common stock at a fixed price of $1.20 per share. The transaction consisted of negotiating the conversion of a $2M note to preferred stock, effectively eliminating the company's debt, and an additional sale of $1M of preferred shares for cash.

06:34 EDT Ingersoll-Rand CEO says 'we enter the year with favorable end markets' - CEO Lamach said, "Looking at 2019, we believe we have the fundamental ingredients for another year of strong financial performance. We enter the year with favorable end markets, record levels of backlog and a proven business operating system that enables us to effectively manage inflation, tariffs and other risks while driving continued margin expansion and delivering powerful cash flow to execute our dynamic capital allocation strategy."

06:30 EDT Vale announces decommissioning of all upstream tailings dams - Vale S.A. informs that it has presented to the Brazilian authorities its plan to decommission all its dams built by the upstream method. The plan presented to the Brazilian authorities aims to de-characterize these structures as tailings dams in order to reintegrate them into the environment. Vale currently has 10 dams built by the upstream method, all of which are currently inactive. All of Vale's dams present stability reports issued by external, independent and internationally respected companies. Vale estimates that investments of around R$ 5 billion will be necessary to decommission its upstream dams and estimates that the decommissioning process will occur over the next 3 years. In order to carry out the decommissioning of the upstream dams safely and quickly, Vale will temporarily halt the production of the units where the structures are located, namely: Aboboras, Vargem Grande, Capitao do Mato and Tamandua operations, in the Vargem Grande complex; and the Jangada, Fabrica, Segredo, Joao Pereira and Alto Bandeira operations, in the Paraopebas complex, also including the stoppage of the Fabrica and Vargem Grande pelletizing plants. The operation of the halted units will be resumed as the decommissioning works are completed. The estimated impact of the production stoppage is about 40 million tons of iron ore per year, including in this figure the pellet feed needed for the production of 11 million tons of pellets, an impact that will be partially offset by the increase in production of other systems of the company. Vale expects to reallocate all its collaborators currently located in the operations that will be halted.

06:16 EDT Radware granted cyber defense contract with online gaming company - Radware has secured a multi-million dollar contract with a global online gaming company to provide protection from next generation attacks and specifically encrypted attacks. The deal includes a combination of hardware and subscription services including support and training over a three-year period. The online gaming company selected Radware's DefensePro SSL solution.

06:10 EDT Anthem says medical enrollment totaled approximately 39.9M at Dec 31, 2018 - an increase of 37,000 members from September 30, 2018. Commercial & Specialty Business enrollment increased by 30,000 members, as the company experienced growth in the fully insured and fee-based Local Group businesses and growth in the National business. The increase was partially offset by a decline in Individual enrollment. Government Business enrollment increased by 7,000 members, driven by growth in Medicare that was partially offset by a decrease in Medicaid membership. Medical enrollment declined by 361,000 members from 40.3M members at December 31, 2017. The decrease reflected declines due to a reduced footprint in the Individual ACA-compliant marketplace and declines in Local Group enrollment. These declines were partially offset by growth in the Medicare, National, and Medicaid businesses.

06:07 EDT Anthem raises quarterly divdend 6.7% to 80c per share - On January 29, the Audit Committee declared a first quarter 2019 dividend to shareholders of 80c per share. On an annualized basis, this equates to a dividend of $3.20 per share. The first quarter dividend is payable on March 29 to shareholders of record at the close of business on March 18.

06:05 EDT Anthem sees FY19 operating cash flow greater than $5.2B - Effective tax rate is expected to be between 19.5% - 21.5%;Investment income is expected to be $1B.

06:04 EDT Standard Chartered fined $40M by NY DFS for currency rigging cartel - New York Financial Services Superintendent Maria T. Vullo announced that the New York Department of Financial Services has fined Standard Chartered Bank (SCBFF) $40M for attempting to rig transactions in foreign exchange markets between 2007 and 2013. This consent order marks the last in a series of DFS consent orders that follow a detailed investigation of manipulation in the foreign exchange markets. With respect to today's action, the investigation by DFS, as well as an internal review by the bank, found that bank traders used a range of illegal tactics to maximize profits or minimize losses at the expense of the bank's customers or customers at other banks. Under the consent order with DFS, Standard Chartered admitted that it failed to implement effective controls over its foreign exchange business, which is conducted at its London headquarters and in other global financial centers, including at its New York branch. action follows previous fines totaling $3.14B that DFS has levied against Barclays Bank PLC (BCS), BNP Paribas (BNPQY), Credit Suisse (CS), Deutsche Bank (DB), and Goldman Sachs (GS) to resolve unlawful conduct in the foreign exchange trading business. DFS's investigation of Standard Chartered found that traders used chatrooms, e-mails, phone calls and personal meetings to attempt to rig transactions.

06:01 EDT Anthem raises quarterly divdend 6.7% to 80c per share

05:39 EDT Nasdaq to offer to acquire Oslo Bors VPS, with unanimous support from Oslo Bors - Nasdaq AB, an indirect subsidiary of Nasdaq, announced that it will make a public offer to acquire all of the issued shares of Oslo Bors VPS Holding ASA at NOK 152 per share. The formal Offer will be made pursuant to an offer document, which is expected to be published on or around February 4. Based on an overall evaluation of the factors considered relevant, the board of Oslo Bors VPS considers that the Offer is the best alternative for all stakeholders and therefore unanimously recommends that the shareholders of Oslo Bors VPS accept the Offer and do not accept the offer to acquire the shares of Oslo Bors VPS made by Euronext NV. asdaq has obtained pre-acceptances of the Offer from shareholders representing approximately 35.11% of the shares in Oslo Bors VPS, including DNB and KLP. These pre-acceptances are irrevocable and unconditional, including in the event of a higher offer until the long stop date of December 31, 2019. Nasdaq intends to fund the Offer through a mix of debt and cash on hand. The proposed transaction is expected to achieve Nasdaq's stated ROIC target of at least 10% within 3-5 years, and be accretive to non-GAAP EPS within 12 months of closing. The acquisition of Oslo Bors VPS would be consistent with Nasdaq's existing capital deployment priorities. As such, Nasdaq does not expect any change to its organic business investments, its intention to continue growing dividends as income and cash flows grow, or its equity repurchase program. Assuming a close in the third quarter of 2019, Nasdaq's gross leverage would rise to approximately 3.1x debt to EBITDA, and the company would be in position to reduce leverage to the mid 2x's during the second half of 2020.

05:32 EDT Novartis provides strategy update - Novartis provided the following update: "Our long-term strategy is to focus Novartis (NVS) as a leading medicines company with five priorities: embrace operational excellence, deliver transformative innovation, go big on data and digital, build trust with society, and build a new culture by unleashing the power of our people. During 2018, we took actions that reflect this strategy and our capital allocation priorities. We concluded the strategic review of Alcon and expect to spin-off the division in H1 2019. Alcon is positioned for sustainable long term top line growth and margin expansion as demonstrated by the strong 2018 results. We agreed to sell the Sandoz US oral solids and dermatology portfolio. Our planned Sandoz transformation is expected to enable us to compete in a more challenging environment by increasing our share of higher-margin differentiated products while driving efficiency with a geographic focus and a lean cost structure. Additionally we sold our stake in the GSK (GSK) consumer healthcare joint venture for $13B. This capital was re-deployed to drive long term growth through cutting edge advanced therapy platforms, including acquiring AveXis gene therapy, AAA and Endocyte radioligand therapies and expanding global manufacturing capacity for cell therapy Kymriah. Operationally, four additional drugs reached $1B and three more potential blockbusters were launched, Lutathera, Aimovig and Kymriah in DLBCL. Innovative Medicines margin increased by 1.0 percentage point to 32.0% of sales, and we expect this margin to expand further. Our culture is transforming to become more open, empowered and collaborative. We advanced an enterprise-wide digital transformation including the launch of the first digital cognitive therapy, reSET, and an artificial intelligence program to drive salesforce effectiveness by optimizing visits to healthcare professionals. We continue our journey to rebuild trust with society. For all our new medicines, we will systematically integrate access strategies in our research and development efforts and we are working to develop innovative treatments for under treated diseases. Additionally, Novartis improved to the number 2 ranking in the Access to Medicines Index for 2018."

05:11 EDT Roche to discontinue Phase III CREAD 1 and 2 clinical studies of crenezumab - Roche and Genentech, a member of the Roche Group, announced the decision to discontinue CREAD 1 and CREAD 2 Phase III studies of the investigational anti-beta-amyloid molecule crenezumab in people with early sporadic Alzheimer's disease, or AD. The decision was based on the results of a pre-planned interim analysis assessing the safety and efficacy of crenezumab conducted by the Independent Data Monitoring Committee, which indicated that crenezumab was unlikely to meet the primary endpoint of change from baseline in Clinical Dementia Rating-Sum of Boxes, or CDR-SB, Score. No safety signals for crenezumab were observed in this analysis, and the overall safety profile was similar to that seen in previous trials. Data from the CREAD 1 and 2 studies will be shared with the scientific community at an upcoming medical congress. Findings from the trials will inform future research programs, approaches and clinical trial designs. "While the results with crenezumab are disappointing, they meaningfully contribute to our understanding of Alzheimer's disease," said Sandra Horning, M.D., chief medical officer and head of Global Product Development. "We gratefully acknowledge the participants in the CREAD trials and the efforts of everyone involved in this important program. We remain dedicated to the Alzheimer's community and will continue our Phase III GRADUATE trials with gantenerumab and the Phase II TAURIEL trial with the anti-tau molecule RG6100, as well as our imaging and fluid-based diagnostic solutions." CREAD 1 and 2 are two-year global, randomized, double-blind, placebo-controlled, parallel-group Phase III studies testing the efficacy and safety of crenezumab in 1,500 people worldwide with early AD with confirmed evidence of cerebral beta amyloid pathology (CSF or amyloid PET). These studies use doses four times higher than that studied in the Phase II trials. CREAD 1 was initiated in early 2016 and CREAD 2 in mid-2017.