Stockwinners Market Radar for February 24, 2019 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

XLNX SSNLF

Hot Stocks

20:18 EDT Xilinx, Samsung announce expanded collaboration - Xilinx (XLNX) and Samsung (SSNLF) announced an expanded collaboration that has resulted in the world's first 5G New Radio commercial deployment. This world-first deployment is in South Korea and will be followed by additional countries globally in 2019 and beyond. Xilinx and Samsung have been working together to develop and deploy multiple 5G Massive Multiple-input, Multiple-output and millimeter wave solutions using the Xilinx UltraScale+ platform. Additionally, Samsung is collaborating with Xilinx on its forthcoming Versal adaptable compute acceleration platform products to deliver state-of-the-art 5G solutions. The goal is to address a multi-fold increase in compute density requirements in next-generation 5G mMIMO systems while enabling the use of machine learning algorithms to maximize the benefits of beamforming gains to further boost capacity and performance.
KHC...

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19:19 EDT Fly Intel: Top five weekend stock stories - Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Using his Twitter account, President Donald Trump said that, "I am pleased to report that the U.S. has made substantial progress in our trade talks with China on important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues. As a result of these very... productive talks, I will be delaying the U.S. increase in tariffs now scheduled for March 1. Assuming both sides make additional progress, we will be planning a Summit for President Xi and myself, at Mar-a-Lago, to conclude an agreement. A very good weekend for U.S. & China!" 2. Kraft Heinz (KHC) has tapped investment bank Credit Suisse to review options for its Maxwell House coffee business, which could include a potential sale, CNBC's Lauren Hirsch reported, citing people familiar with the matter. Based off valuations for other sales of consumer brands, a sale could fetch a price of at least $3B, sources said. 3. While investors are cheering indications of progress being made toward a resolution of trade issues between China and the U.S., the battle for tech supremacy between the two global superpowers shows few signs of abating, Reshma Kapadia wrote in this week's edition of Barron's. Global chip makers remain highly reliant on China, which makes just 30% of the chips it actually needs, the publication noted. Companies with revenue exposure to china include Qualcomm (QCOM), Micron (MU), Marvell Technology (MRVL), Broadcom (AVGO), NXP Semiconductors (NXPI), AMD (AMD), Maxim Integrated Devices (MXIM), Applied Materials (AMAT), Intel (INTC), Xilinx (XLNX), Skyworks (SWKS), Nvidia (NVDA), Analog Devices (ADI), Lam Research (LRCX), and KLA-Tencor (KLAC). 4. Comcast (CMCSA; CMCSK) subsidiary Universal's "How to Train Your Dragon: The Hidden World" won the weekend with a franchise-best launch of $55.5M from 4,259 theaters in North America, the top opening of the year so far. Overseas, the threequel earned another $34.7M from 53 market for a foreign total of $216.9M and $274.9M globally. The movie sports an audience grade of A and a 92% Rotten Tomatoes score. 5. Altria Group's (MO) and WellCare Health (WCG) saw positive mentions in Barron's, while Windstream (WIN) was mentioned cautiously.
SPY SPX

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18:06 EDT Trump says will delay additional China tariffs - In a series of tweets, President Donald Trump said that, "I am pleased to report that the U.S. has made substantial progress in our trade talks with China on important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many other issues. As a result of these very... productive talks, I will be delaying the U.S. increase in tariffs now scheduled for March 1. Assuming both sides make additional progress, we will be planning a Summit for President Xi and myself, at Mar-a-Lago, to conclude an agreement. A very good weekend for U.S. & China!" Reference Link
PTC MSFT

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17:54 EDT PTC announces Vuforia support for Microsoft HoloLens 2 - PTC (PTC) announced from the 2019 Mobile World Congress in Barcelona that its Vuforia augmented reality and mixed reality solutions offer built-in support for Microsoft (MSFT) HoloLens 2. Vuforia solutions give industrial customers an efficient and effective way to create AR/MR interactions that capitalize on Microsoft HoloLens 2 new gestures, voice enhancements, and tracking capabilities without the need for extensive programming or costly custom designers.
NEM GG

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17:52 EDT Newmont receives shareholder proposals from Barrick subsidiary - Newmont Mining announced that it has received from a subsidiary of Barrick Gold notice of intent to make two shareholder proposals for consideration at Newmont's next annual meeting of stockholders. The proposals, if made, would be to amend Newmont's by-laws to lower the share ownership threshold necessary to requisition shareholder meetings to 15% from the current 25%, and to repeal all by-law amendments implemented since October 24, 2018. The notice follows Barrick's announcement on February 22, 2019, the same date as the delivery of the notice of intent, that it has reviewed the opportunity for an unsolicited, no premium merger with Newmont but has not made any decision. Newmont does not intend to speculate about Barrick's motivations or intentions and reserves all rights with respect to the shareholder proposals. On day one after the pending combination of Newmont and Goldcorp (GG) closes, which is expected in the second quarter, Newmont Goldcorp will be immediately value-accretive to Newmont's Net Asset Value and cash flow per share; generate an estimated $75 per ounce in Full Potential cost and efficiency improvements, representing annual anticipated benefits of approximately $165M per year; create a combined $265M in expected annual pre-tax synergies and Full Potential benefits representing value creation potential of over $2.5B; target 6M-7M ounces of steady-state gold production over a decades-long time horizon; have the largest gold Reserves and Resources in the gold sector, including on a per share basis; be located in favorable mining jurisdictions and prolific gold districts on four continents; deliver the highest dividend among senior gold producers; offer financial flexibility and an investment-grade balance sheet to advance the most promising projects generating a targeted Internal Rate of Return of at least 15%; and feature a deep bench of accomplished business leaders and high-performing technical teams and other talent with extensive mining industry experience.
T...

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16:20 EDT Box Office Battle: 'How to Train Your Dragon 3' wins weekend with $55.5M - Comcast (CMCSA; CMCSK) subsidiary Universal's "How to Train Your Dragon: The Hidden World" won the weekend with a franchise-best launch of $55.5M from 4,259 theaters in North America, the top opening of the year so far. Overseas, the threequel earned another $34.7M from 53 market for a foreign total of $216.9M and $274.9M globally. The movie sports an audience grade of A and a 92% Rotten Tomatoes score. BOX OFFICE RUNNERS-UP: Fox's (FOXA) "Alita: Battle Angel" fell to number two, with an estimated $12M for a domestic total of $60.7M. Overseas, the movie debuted in China with $62.3M, the top showing ever for a Fox release. Behind it in the domestic box office was AT&T (T) subsidiary Warner Bros' "The Lego Movie 2: The Second Part," earning another $10M for a domestic total of $83.6M. "Fighting with My Family" placed number four with $8M. Rounding out the top five, Viacom (VIAB) subsidiary Paramount's "Isn't it Romantic" grossed an estimated $7.5M for a domestic tally of $33.8M. Other publicly traded companies in filmmaking include Disney (DIS), Lionsgate's (LGF.A) and Sony (SNE).
AAWW

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14:42 EDT Atlas Air confirms people on board of flight 3591 did not survive accident - Atlas Air has confirmed that the three people on board Atlas Air Flight 3591 did not survive the accident on Saturday, February 23, 2019 in Anahuac, Texas. The company has established a Family Assistance Center staffed with specialists to support the families.
VZ...

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14:40 EDT Verizon adds third 5G smartphone in 2019 - Verizon (VZ) announced the LG V50 ThinQ 5G - LG's first 5G smartphone - is coming to Verizon's 5G Ultra Wideband network this summer. This is the third smartphone that will run on Verizon's 5G Ultra Wideband network, joining the Motorola (MSI) moto z3 with 5G moto mod and the Samsung (SSNLF) Galaxy S10 5G, both coming in the first half of 2019 for consumers and business users. LG's V-series is a gateway to creativity, packing improved video, camera and display technology into a slim, powerful smartphone that's perfect for content creators, entertainment connoisseurs and mobile professionals. LG V50 ThinQ 5G will be available on Verizon this summer.
S QCOM

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14:37 EDT Sprint's first 5G smartphone to launch this spring - Sprint (S) joined LG at MWC Barcelona to share the name and feature highlights for its first 5G smartphone, LG V50 ThinQ 5G. With this device, Sprint customers will be among the first in the world to experience the incredible speed, reliability and mobility of 5G when it launches this spring. LG V50 ThinQ 5G.is powered by Qualcomm's (QCOM) Snapdragon 855 processor.
ERIC TLSYY

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14:33 EDT Telstra, Ericsson announce partnership to deliver IoT connectivity to enterprise - Telstra (TLSYY) and Ericsson (ERIC) have announced partnership to deliver Internet of Things connectivity to global enterprises by integrating Ericsson's Connectivity Management services from Ericsson's IoT Accelerator solution into Telstra's IoT solution and world-class mobile network. The partnership, announced in Barcelona on the eve of Mobile World Congress, will bring together Telstra's cellular IoT capabilities and Ericsson's connectivity services to enable original equipment manufacturers and enterprises to deploy, manage and scale IoT connected devices and applications globally. From March 30, Telstra's enterprise customers will be able to manage, access and track their IoT devices and networked assets at a local, national or global level via access to Telstra's cellular IoT capabilities including Narrowband-IoT and CAT-M1 technology. The announcement builds on Ericsson and Telstra's successful deployment of NB-IoT extended range in September 2018 that increased Telstra's NB-IoT coverage to more than 3.5M square kilometers and which allows data connections up to 100km, 60kms more than 3GPP standards-based limits. There will be support for eSIM capabilities via the connectivity management service from IoT Accelerator solution and other technologies that will allow global enterprise customers and OEMs to deploy their products and services more easily on Telstra's network, allowing end users to enjoy the benefits of Telstra's network capabilities on a local SIM profile.
PHG MSFT

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14:17 EDT Philips unveils operating room mixed reality concept developed with Microsoft - At the MWC Barcelona, one of the largest mobile events in the world, Royal Philips (PHG) unveiled a unique mixed reality concept developed together with Microsoft (MSFT) for the operating room of the future. Based on the state-of-the-art technologies of Philips' industry-leading Azurion image-guided therapy platform and Microsoft's HoloLens 2 holographic computing platform, the companies will showcase novel augmented reality applications for image-guided minimally invasive therapies. The Philips and Microsoft augmented reality concept, built for HoloLens 2, brings live imaging and other sources of vital data currently displayed on large 2D screens into a 3D holographic augmented reality environment that can be ergonomically, easily and intuitively controlled by the physician. The concept is being used to gather further clinical insights to support the development of future commercially-available augmented reality solutions for use in image-guided procedures. Microsoft unveiled HoloLens 2 on 24 February at MWC Barcelona. HoloLens is a self-contained holographic computer that enables hands-free, heads-up interaction with 3-dimensional digital objects. HoloLens 2 builds on the breakthrough technology of HoloLens and is even more immersive, more comfortable and delivers more value right out of the box. Complemented by existing and new Azure cloud services, and with built-in AI, HoloLens 2 is the ultimate intelligent edge device.
NOK

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14:04 EDT Nokia, Korea Telecom to conduct 5G trials - Nokia and Korea Telecom have signed a Memorandum of Understanding to collaborate and trial various 5G technologies, including NFV and network slicing, in order to develop new applications and business models for the operator's enterprise customers. The joint work will include Service Orchestration and Assurance for the 5G era, with the aim of delivering end-to-end automation and new revenue opportunities. The trials are planned to take place in Seoul later this year. Nokia and KT will trial an end-to-end network service platform in the country for network slicing, a key feature of 5G that will allow carriers to tailor different parts of their network capacity to different subscribers and applications, like connected vehicles and Internet of Things use cases. Leveraging KT's proprietary OPERA 5G end-to-end orchestrator platform and Nokia's Cloudband Management Orchestration software suite, both companies are also working on a Proof of Concept to automate interworking and 5G. OPERA is based on ETSI NFV international standard. The PoC will evaluate hosting, orchestrating, automating, and managing KT's 5G virtual network functions environment.
NOK

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14:02 EDT Nokia introduces new FastMile 5G Gateway - In advance of Mobile World Congress 2019, Nokia is introducing a new FastMile 5G Gateway that allows operators upgrading their LTE network to capture new Fixed Wireless Access revenue and accelerate 5G rollouts. Nokia's FastMile 5G Gateway uses the same sub-6GHz 5G that operators will use to upgrade their LTE grid, providing broader coverage of FWA and enhanced mobile broadband services.
CSCO

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13:59 EDT Cisco, Airtel Team to build India's largest 5G-ready IP network - Cisco announced its collaboration with Airtel to build India's largest 5G-ready, IP-based fully automated network. Together the companies will help Airtel deliver enhanced subscriber experiences and offer world-class high-speed mobile access for its customers across the country. Airtel partners with Cisco Customer Experience to transform its network to extend reach, reliability and scalability that greatly enhances its customers' experiences, extends IP services to even deep rural markets and importantly, lay a solid foundation for evolution towards 5G. The network architecture is based on open network standards to simplify adoption by other operators, thereby enabling mobile access to more people throughout India. Airtel's IP-based network architecture will enable new functionality, including segment routing, traffic engineering and ethernet VPN that helps ensure seamless interoperability and the ability to leverage existing investments in its MPLS-TP network. The fully-automated IP network architecture will also give Airtel the ability to enhance its services to SMBs and enterprises in urban centers and rural communities, including key growth verticals such as Smart Cities, IoT, Utilities, Manufacturing, Agriculture and Retail.
CSCO...

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13:57 EDT Cisco announces collaboration with SoftBank on SRv6 in prep for 5G - Cisco (CSCO) announced its collaboration with SoftBank (SFTBY; SFTBF) on the world's first Segment Routing IPv6 deployment. With the anticipation of the coming 5G era, Cisco has been assisting SoftBank to deploy state-of-the-art SRv6 networks nationwide to build a future network architecture that is extremely scalable, with improved reliability, flexibility and agility, all while helping to reduce CapEx and OpEx. Current mobile networks are deployed as divided networks, with several layers and complicated control plane processing, which makes it difficult to respond to strict quality requirements like in the case of 5G. Deploying SRv6 in a 5G mobile network simplifies network layers and integrates user plane functions from end-to-end with only IPv6 protocol, making things simple, controllable, and flexible.
CSCO VZ

Hot Stocks

13:01 EDT Verizon, Cisco extend software-defined networking to support 5G for Enterprise - Verizon (VZ) is expanding its offerings to help enterprises accelerate their digital transformation to support future 5G capabilities. Verizon's Virtual Network Services will support 5G devices on Cisco's (CSCO) software-defined wide area network platform, making it easier to manage network traffic and application performance across a wide area network on both public and private networks. Verizon's Virtual Network Services will now support Cisco's SD-WAN portfolio using Cisco's intent-based networking capabilities, allowing enterprises to leverage the performance of 5G when using services such as network slicing and mobile edge computing. The new offer from Verizon and Cisco sets the stage for enterprises to use Verizon's future 5G network as an extension of their campus and branch infrastructure and enable more control of the application performance on mobile and IoT devices. Potential use cases include the ability to enable an intelligent security perimeter for mobile workers, ensuring that access to corporate assets are governed by their security posture, with a different slice or policy on per application basis from the users' devices. IoT devices that sit outside the campus or branch could be managed and secured with the same network and security tools used inside the campus, giving enterprises a unified approach to applying networking and security policy across any environment.
CSCO...

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12:33 EDT Cisco, Google Station team to scale Wi-Fi access globally - Cisco (CSCO) announced that it is working with Google Station (GOOG; GOOGL) on a mission to include 1B people in the growth opportunities of the digital economy. The program will provide communities with limited connectivity around the world sustainable public Wi-Fi that is easily highly secure, accessible, fast, and reliable. Today, connectivity and technology have become the foundation for many peoples' economic, social, and cultural opportunities. However, nearly half of the world's population remain unconnected, restricting their inclusion in economic growth opportunities. Nearly 10% of the world's population continues to struggle for basic needs daily, making it critical for partnerships between technology leaders, public, and private sectors. Infrastructure and scalability issues, market and regulatory support, and sustainability challenges have all contributed to this glaring issue. In order to make Wi-Fi a sustainable business for ISPs, venues, and governments in these communities, Cisco and Google Station intend to work together to: Provide access to capital via Cisco financing; Simplify operations by combining Cisco networking technology and integration services with Google network management; Improve experience through highly secure, fast, reliable Wi-Fi that's easy to access.
CSCO S

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12:31 EDT Cisco announces collaboration with Sprint to deploy new routing technology - Cisco (CSCO) announced its collaboration with Sprint (S) to deploy new routing technology to support Sprint's growing backhaul network traffic as it prepares to launch mobile 5G service in nine cities in the first half of 2019. As mobile operators prepare for the possibilities 5G will bring across vertical markets, many are making changes to automate and simplify core network functions and backhaul transport operations to increase capacity and enable faster speeds. All the while accommodating backward or transitional support for 3G and 4G devices and applications. To accomplish its goals, Sprint is relying on the Cisco Network Convergence System 540 router series, which is capable of tripling backhaul network capacity and delivering 100G connectivity into the core transport network.
CSCO

Hot Stocks

12:29 EDT Cisco showcases new products, solutions at MWC Barcelona - Cisco showcased new products and solutions at MWC Barcelona, including Cisco Unified Domain Center that enables Enterprise IT departments to seamlessly manage all policies, security, and services from the mobile network; Cisco NCS 5500 High-density 400G line cards that enables massive scale to meet the demands of 5G and delivers investment protection for the widely deployed NCS5500 router family; Cisco NCS 560 router that optimizes high-density converged access and aggregation networks and meets the stringent demands of trusted 5G xHaul, Cable Converged Interconnect network and Carrier Ethernet applications; Cisco NCS 540 router that addresses Carrier Ethernet, Cell Site, 5G xHaul and Small Aggregation use cases; Cisco Ultra Cloud Core with CUPS; Cisco Crosswork Cloud; Cisco Crosswork SON that uses machine learning to react faster to network issues; Cisco Crosswork User-centric SON; Crosswork Data Gateway; Crosswork Optimization Engine; Cisco Network Services Orchestrator 5 that features enhanced tools that accelerate revenue-generating services with automated, self-service, and on-demand provisioning; Cisco Trusted Platforms; and Cisco Umbrella Mobile Protect.
AAWW AMZN

Hot Stocks

12:22 EDT Atlas Air Flight 3591 involved in accident - Atlas Air (AAWW) flight 3591 was involved in an accident on Saturday. Three people were on board at the time. A search investigation is underway. The flight from Miami to Houston was a cargo flight operated by Atlas Air on behalf of Amazon (AMZN). Atlas Air has activated its emergency response plans and will be sending a specialist team to the crash site. The company is working with the emergency services and other agencies to establish the circumstances around exactly what happened.
BGS

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12:19 EDT B&G Foods voluntarily recalls some jars of Victoria marinara sauce - B&G Foods announced it is voluntarily recalling 1,280 cases of a single date code of 40 oz. Victoria Marinara Sauce, with a "best by" date of 03/06/2022, after learning that the product may contain cashew allergens that are not declared on the product's ingredient statement. People who have an allergy or severe sensitivity to cashew run the risk of serious or life-threatening allergic reaction if they consume this product. There is no health risk associated with this product for individuals without an allergy to tree nuts.
BCRX

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12:18 EDT BioCryst reports additional topline data from Phase 2 ZENITH-1 trial - BioCryst Pharmaceuticals reported additional topline data from the Phase 2 ZENITH-1 trial, including new data from the 250 mg and 500 mg dose cohorts. Data from the now complete trial confirm previously reported results showing a single dose of oral 750 mg BCX7353 was well-tolerated and superior to placebo against the majority of efficacy endpoints evaluated in HAE patients suffering an acute attack, and demonstrate a clear dose response across the three dose levels. Based on the results of ZENITH-1, the company plans to meet with the U.S. Food and Drug Administration in the second quarter, and to commence a Phase 3 trial with the 750 mg dose of oral BCX7353 in the summer of 2019. Efficacy and tolerability data for the 750 mg dose cohort were previously reported by the company in a September 4, 2018 press release. With the 750 mg dose, compared to placebo, improvement in symptoms and Visual Analog Scale scores was seen as early as one hour after oral BCX7353 dosing, and was sustained through 24 hours. Through 24 hours, standard of care medication use was reduced by 31.6% after BCX7353 compared with placebo, and no or mild symptoms were reported in 64.1% of attacks treated with BCX7353 compared with 32.3% of attacks treated with placebo. In the additional data reported at the AAAAI annual meeting, a clear dose response was observed across the 250 mg to 750 mg range. Across dose levels, BCX7353 was generally safe and well-tolerated with no notable differentiation from the adverse event profile of placebo.
BHC

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12:12 EDT Bausch Health announces pricing of private offering of senior secured notes - Bausch Health announced that it has priced its previously announced offering of $500M aggregate principal amount of 5.750% senior secured notes due 2027 and that Bausch Health Americas, the company's wholly owned indirect subsidiary, has priced its previously announced offering of 8.500% senior unsecured notes due 2027. The aggregate size of the offering of the Unsecured Notes is $1B, which reflects an increase of $250M from the previously announced offering size of $750M. The Unsecured Notes will be additional notes and form part of the same series as BHA's existing 8.500% senior notes due 2027. The Secured Notes will be sold to investors at a price of 100.00% of the principal amount thereof and the Unsecured Notes will be sold to investors at a price of 103.25% of the principal amount thereof. Bausch Health intends to use the net proceeds from the offerings of the Notes, along with cash on hand, to repurchase $1.5B aggregate purchase price of outstanding notes pursuant to tender offers, including the company's outstanding 5.625% Senior Notes due 2021 and up to $800M aggregate purchase price across the company's outstanding 5.50% Senior Notes due 2023 and 5.875% Senior Notes due 2023, and to pay related fees and expenses. The company expects the after-tax impact of these transactions to be neutral to 2019 adjusted net income.
BRK.A BRK.B

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08:37 EDT Berkshire's Buffett continues to hope for 'elephant-sized acquisition' - Berkshire Hathaway's Warren Buffett said in the company's annual letter, "That disappointing reality means that 2019 will likely see us again expanding our holdings of marketable equities. We continue, nevertheless, to hope for an elephant-sized acquisition. Even at our ages of 88 and 95 - I'm the young one - that prospect is what causes my heart and Charlie's to beat faster. (Just writing about the possibility of a huge purchase has caused my pulse rate to soar.)"
BRK.A BRK.B

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08:35 EDT Berkshire's Buffett says book value 'has lost the relevance it once had' - Berkshire Hathaway's Warren Buffett said in the company's annual letter, "The fact is that the annual change in Berkshire's book value - which makes its farewell appearance on page 2 - is a metric that has lost the relevance it once had. Three circumstances have made that so. First, Berkshire has gradually morphed from a company whose assets are concentrated in marketable stocks into one whose major value resides in operating businesses. Charlie and I expect that reshaping to continue in an irregular manner. Second, while our equity holdings are valued at market prices, accounting rules require our collection of operating companies to be included in book value at an amount far below their current value, a mismark that has grown in recent years. Third, it is likely that - over time - Berkshire will be a significant repurchaser of its shares, transactions that will take place at prices above book value but below our estimate of intrinsic value. The math of such purchases is simple: Each transaction makes per-share intrinsic value go up, while per-share book value goes down. That combination causes the book-value scorecard to become increasingly out of touch with economic reality."
BRK.A...

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08:32 EDT Berkshire recorded $3B impairment primarily related to Kraft Heinz - Berskhire said in its annual letter, "Berkshire earned $4.0 billion in 2018 utilizing generally accepted accounting principles (commonly called "GAAP"). The components of that figure are $24.8 billion in operating earnings, a $3.0 billion non-cash loss from an impairment of intangible assets (arising almost entirely from our equity interest in Kraft Heinz), $2.8 billion in realized capital gains from the sale of investment securities and a $20.6 billion loss from a reduction in the amount of unrealized capital gains that existed in our investment holdings."
AAWW AMZN

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08:19 EDT Atlas Air flight on behalf of Amazon involved in accident with three on board - Atlas Air Worldwide (AAWW) confirmed that an Atlas Air 767 cargo aircraft Flight No. 3591 operating from Miami to Houston was involved in an accident yesterday afternoon. "We understand the aircraft went down near the city of Anahuac Texas, in the Trinity Bay. We can confirm there were three people on board the aircraft. Those people and their family members are our top priority at this time. Atlas Air is cooperating fully with the FAA and NTSB," the company said in a statement. Three people were on board the cargo flight operated by Atlas Air on behalf of Amazon.com (AMZN). Atlas said in a second statement, "We have activated our emergency response plans and we will be sending a specialist team to the crash site. At this stage a search investigation is underway. In the meantime, we are providing all possible information to the families and loved ones of those on board...Everyone within the company is deeply saddened by this event. Our main priority at this time is caring for those affected and we will ensure we do all we can to support them now and in the days and weeks to come...We are now working with the emergency services and other agencies to establish the circumstances around exactly what happened." Shares Atlas Air closed Friday down 51c to $58.90.