Stockwinners Market Radar for March 21, 2019 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

SMTS

Hot Stocks

21:01 EDT Sierra Metals announces 66% of Yauricocha Mine workers waged illegal strike - Sierra Metals announced that employees who are members of the Union of the Mine and Metallurgical Workers of Minera Corona, representing approximately 66% of the employees at the Company's Yauricocha Mine in Peru, have initiated a strike action. The strike is in protest of contractor changes being made as part of regular operations at the Mine. While only the unionized workers have initiated the strike, the company has suspended all mining and milling activities for the safety of all employees as of early Tuesday morning, March 19, 2019. The Peruvian Ministry of Labour upon receiving notification by the Union of their intent to strike indicated that the strike could not proceed. Once the strike materialized, they deemed the strike as illegal under current legislation.
TSLA

Hot Stocks

20:13 EDT End of Tesla's referral program reduced costs, allowed to pass on savings - In its blog, Tesla stated: "While our previous Referral Program was very successful, it came with significant costs, and ending the program last year allowed us to pass those savings along to customers. We've since restructured the program to save the company money while also offering rewards that are super exclusive." Reference Link
OSS...

Hot Stocks

18:40 EDT Fly Intel: After Hours Movers - UP AFTER EARNINGS: One Stop Systems (OSS) up 29.0%. ALSO HIGHER: Amarin (AMRN) up 1.8% after being initiated with Buy at Stifel... GameStop (GME) up 1.0% after naming new CEO. DOWN AFTER EARNINGS: Dynagas LNG (DLNG) down 12.2%... Zuora (ZUO) down 11.4%... Caleres (CAL) down 6.4%... Opiant Pharma (OPNT) down 5.1%... Nike (NKE) down 4.2%... Cintas (CTAS) down 3.0%. ALSO LOWER: Conatus (CNAT) down 52.6% after Phase 2B ENCORE-NF trial results... Goldcorp (GG) down 1.3% after Newmont (NEM) shareholder Paulson & Co opposed its acquisition. Movers as of 18:30ET.
CVS

Hot Stocks

18:34 EDT CVS Health CEO: Off to great start with Aetna integration - In an interview on CNBC's Mad Money, CVS Health CEO Larry Merlo said: 2019 is a transition year for CVS... We're making investments and managing headwinds in legacy businesses... We're very excited about prospects for growth... We feel we have stabilized our long term care business and it will grow from here... With our concept stores, we have an opportunity to make healthcare local and simple... We want to provide personal care with our pharmacy... Our Aetna combination allows us to provide more innovative products... We will be able to do things as a combined company that either standalone could not... We have momentum in our retail business and we expect it to continue... We will be carrying topical CBD products in eight states... We are moving slowly into CBD.
DNR PVAC

Hot Stocks

18:17 EDT Denbury Resources: Penn Virginia deal was unlikely to receive majority approval - Chris Kendall, Denbury's (DNR) President and CEO, commented, "While we firmly believed in the strategic merits of the combination with Penn Virginia, the difficult market conditions since announcement, combined with the opposition of certain Penn Virginia shareholders, led us to the conclusion that the transaction was unlikely to receive the necessary super majority approval from Penn Virginia shareholders. We remain optimistic about the significant resource potential that CO2 enhanced oil recovery could deliver in the Eagle Ford, and the work we have completed to date has only increased that optimism. We will continue to pursue practical opportunities to expand Denbury's business, particularly in areas where our EOR expertise, experience and extensive CO2 resources can create value for the benefit of all Denbury stakeholders. Longer term, we believe that CO2 EOR will become an even more vital component of the world's oil supply, with the smallest possible carbon footprint for an oil producer, and that Denbury is uniquely positioned in the industry to benefit from an increasing need to limit or reduce CO2 emissions. As we move forward, we are highly confident in Denbury's position and are committed to executing our strategic plan, including the significant ongoing EOR development at the Cedar Creek Anticline. Through leveraging our resilient, high margin, low decline asset base, we will continue to drive incremental, high value growth opportunities. At the same time, we will maintain our disciplined operating approach, which we expect will enable us to generate well over $100 million of free cash flow in 2019 at current oil prices, providing us with significant flexibility going forward." As a result of the termination, the special meeting of Denbury stockholders, which was to be held on April 17, will not take place. Under the terms of the merger agreement and the termination agreement, neither Denbury nor Penn Virginia (PVAC) will be responsible for any payments to the other party as a result of the termination of the merger agreement.
IMMP

Hot Stocks

18:11 EDT Immutep announces U.S. patent for Eftilagimod Alpha in cancer - Immutep Limited is pleased to announce the grant of a new patent entitled "Use of Recombinant LAG-3 or the Derivatives thereof for Eliciting Monocyte Immune Response" by the United States Patent Office. This new patent provides intellectual property protection for Immutep's method of treating cancer by the administration of a chemotherapy agent, and a plurality of doses of eftilagimod alpha which is used to generate a monocyte mediated immune response. Importantly, the granted patent claims support the application of efti in Immutep's ongoing AIPAC clinical trial in metastatic breast cancer. The patent will expire on 3 October 2028.
PVAC DNR

Hot Stocks

18:08 EDT Penn Virginia, Denbury Resources mutually agree to terminate merger pact - Penn Virginia (PVAC) announced it has mutually agreed with Denbury Resources (DNR) to terminate their previously announced merger agreement. "After careful consideration, the Penn Virginia board of directors decided that it is in the best interests of the Company and our shareholders to mutually agree to terminate our merger agreement with Denbury," said John Brooks, President and CEO of Penn Virginia. "Given the caliber and dedication of our team, the high quality of our assets and the strength of our balance sheet, we believe we are well positioned to continue to execute our previously announced two rig development plan, which is expected to be fully funded from cash flow. We remain focused on developing our assets and maximizing value for our shareholders as a standalone company." As a result, the special meeting of Penn Virginia's shareholders, which was to be held on April 17, will not take place. Under the terms of the merger agreement and the termination agreement, neither Penn Virginia nor Denbury will be responsible for any payments to the other party as a result of the termination of the merger agreement. In light of this recent development, the company intends to provide an operational and guidance update no later than its first quarter earnings report in May.
LLL

Hot Stocks

17:44 EDT L3 Technologies awarded $131.78M Air Force contract - L3 Technologies has been awarded a $131.78M indefinite-delivery/indefinite-quantity contract for the cockpit-selectable Height-of-Burst Sensor. This contract provides for the replacement of the current DSU-33D/B height-of-burst sensor and will address obsolescence issues, improve performance and add functionality. Work will be performed in Cincinnati, Ohio, and is expected to be complete by April 2027. This award is the result of a competitive acquisition and three offers were received. FY18 procurement funds in the amount of $513,244 are being obligated at the time of award. Air Force Life Cycle Management Center is the contracting activity.
GD

Hot Stocks

17:42 EDT General Dynamics awarded $465.15M Navy contract for CVN shipyard availabilities - General Dynamics has been awarded a maximum value $465.15M cost-plus-incentive-fee, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract for aircraft carrier, or CVN, shipyard availabilities. The primary purpose of this contract is to execute work required to support the Puget Sound Naval Shipyard and intermediate maintenance facility in accomplishing repair, maintenance and modernization of closely scheduled maintenance availabilities, including non-nuclear boundary control efforts. This contract includes five ordering periods which, if executed, would make the maximum value of this contract $465.15M. Work will be performed in Bremerton, Washington and is expected to be completed by March 2024 when all five ordering periods have been executed. FY19 operations and maintenance funding in the amount of $928,336 will be obligated at the time of award and will expire at the end of the fiscal year. This contract was competitively procured via Federal Business Opportunities website, with three offers received. The Naval Sea Systems Command is the contracting activity.
NKE

Hot Stocks

17:36 EDT Nike says it is not taking China momentum for granted - Says leveraging the power of social media to put out its message. Says Q3 growth was strategic and broad-based. Says scaling innovation faster than ever. Says emphasizing mobile in digital transformation. Says inventory reflects pull market globally. Says growth was led by Japan and Korea. Says could not be more thrilled with momentum in Japan ahead of 2020 Olympics. Says achieved 24% revenue growth in China in Q3. Says sport has increasingly become more a part of life in China.
LOV

Hot Stocks

17:34 EDT Spark Networks to acquire Zoosk, sees adjusted EBITDA to exceed $50M in 2020 - Spark Networks announced its entry into a definitive agreement to acquire Zoosk. The combination will drive a meaningful increase in Spark's scale, with over one million monthly paying subscribers across the two platforms. Spark expects the transaction to drive meaningful margin expansion in 2020 and beyond. "Zoosk is one of the strongest dating apps in the North American market, which comprises half of the $5B global online dating opportunity," said Jeronimo Folgueira, Chief Executive Officer of Spark Networks SE. "Similarly, North America has been a key strategic market for Spark, and the focal point for our growth initiatives. Our deal with Zoosk creates the second largest online dating platform in North America and the second largest publicly-listed dating company in the world. Over the past 18 months, our management team has successfully integrated acquisitions and developed new brands. As a result of these efforts, our brand portfolio now includes SilverSingles, which continues to exceed our expectations, and the Christian Mingle, Jdate and JSwipe brands, which have all shown significant improvement since they were acquired in late 2017. Our acquisition of Zoosk is the most transformative deal in our history, and we expect the transaction to immediately strengthen our position in the online dating market. With the increased scale that results from the combination, we see a clear path to profitability improvements and greater opportunity to invest in innovation and growth initiatives that will drive shareholder value." With the addition of Zoosk, Spark will more than double in size and the combined business will be considerably more valuable than the two stand-alone entities: Following the completion of its integration plans, Spark expects to drive significant Adjusted EBITDA margin expansion. In 2020, Spark expects Adjusted EBITDA to exceed $50M. Under the terms of the agreement, Spark will acquire 100% of Zoosk's shares with a combination of cash and stock valuing the company at approximately $255M based on the closing price of Spark Networks SE stock on March 20. Spark will issue 12.98M American Depository Shares valued at approximately $150M based on the closing price of Spark Networks SE stock of $11.53 on March 20. Additionally, Zoosk shareholders will receive net cash consideration of $95M at closing and $10M via a deferred cash payment in December 2020, which will be funded through a new $120M senior secured debt facility. The transaction is expected to close early in the third quarter of 2019.
JNJ

Hot Stocks

17:24 EDT Johnson & Johnson sees Q1 charge of about $700M related to AL-8176 - On March 21, Johnson & Johnson determined that it will record an intangible asset impairment charge related to an in-process research and development asset, AL-8176, an investigational drug for the treatment of Respiratory Syncytial Virus and human metapneumovirus, with a carrying value of approximately $900M acquired in the acquisition of Alios Biopharma Inc. in 2014. Additional information became available which led the company to the decision to abandon the development of AL-8176. The non-cash after tax impairment charge of approximately $700M represents the remaining intangible asset value related to AL-8176 and will be reflected in the company's fiscal first quarter 2019 financial results and will be excluded for purposes of adjusted earnings. The company previously disclosed and recorded a non-cash after-tax partial impairment charge for AL-8176 in the fiscal third quarter of 2018 of approximately $630M. The charge was reflected in the company's fiscal third quarter and full year 2018 financial results and was also excluded for purposes of adjusted earnings.
NKE

Hot Stocks

17:15 EDT Nike says NBA sponsorship is tracking to be its largest merchandising deal - Says China has earned 19 consecutive quarters of growth. Says Q3 was Nike's first $1B quarter. Says sportswear continues to grow double digits. Says SNKRS app continues to be a powerhouse in the digital marketplace. Says seeing early wins in digital transformation. Comments taken from Q3 earnings conference call.
ZYXI

Hot Stocks

17:04 EDT Zynex chairman Thomas Sandgaard sells over 48K shares of company stock - Zynex chairman Thomas Sandgaard disclosed in a filing that he had sold 48,008 shares of company stock for an average price of $4.40 per share between March 19 and March 20. The total transaction value of the sale was $211,461.
JE

Hot Stocks

17:02 EDT Just Energy cuts over 200 jobs, to incur $9M in severances costs in 4Q19 - Just Energy announced the elimination of over 200 positions, equating to approximately $40M in general and administrative savings in the upcoming Fiscal Year. These actions are in direct alignment with Just Energy's ongoing transition to a consumer company and will generate efficiencies in the company's income statement. The company expects to incur approximately $9M in severance costs in the fourth quarter of Fiscal 2019. However, these costs will not impact the company's previously stated Fiscal 2019 Base EBITDA guidance range of $200M to $220M, including the implementation of IFRS 15.
GORO

Hot Stocks

17:02 EDT Gold Resource's Mirador Mine development assayed 992 grams per tonne silver - Gold Resource announced ongoing Mirador Mine development crosscut six meters of the Independencia vein which assayed 992 grams per tonne silver. Mineral from this new area is now being processed at the company's milling facility. Earlier drill results from this area included 13.3 meters of 1,055 g/t silver and 2.70 meters of 1.67 g/t gold and 901 g/t silver.
PLCE

Hot Stocks

17:01 EDT Children's Place raises quarterly dividend 12% to 56c per share - The Children's Place, Inc. announced that its board of directors has declared a quarterly dividend at an increased rate of 56c per share from 50c per share, a 12% increase. Jane Elfers, President and Chief Executive Officer, commented, "This is the fifth consecutive year that we have increased our quarterly dividend, which is a further reflection of our confidence in our ability to execute on our strategic initiatives and our continuing commitment to return excess capital to shareholders. The Children's Place has a profitable business model, which generates strong cash flow. Since 2009, we have repurchased approximately $1.1B of our common stock, and since 2014, paid approximately $100M in dividends."
BHB

Hot Stocks

16:56 EDT Bar Harbor Bankshares authorizes stock repurchase plan of up to 5% - Bar Harbor Bankshares authorized a share repurchase plan under which the company is authorized to repurchase up to 5% of its outstanding common stock, representing approximately 776,000 shares as of March 15. The plan is authorized to last no longer than twelve months.
LMT BA

Hot Stocks

16:50 EDT Sikorsky-Boeing helicopter achieves first flight - The Sikorsky-Boeing SBgreater than1 DEFIANT helicopter achieved first flight today at Sikorsky's West Palm Beach, Florida site. This aircraft, developed by Sikorsky, a Lockheed Martin Company (LMT), and Boeing (BA), will help inform the next generation of military helicopters as part of the U.S. Army's Future Vertical Lift program. The helicopter is participating in the Army's Joint Multi-Role-Medium Technology Demonstrator program. Data from DEFIANT will help the Army develop requirements for new utility helicopters expected to enter service in the early 2030s. This flight marks a key milestone for the Sikorsky-Boeing team, and is the culmination of significant design, simulation and test activity to further demonstrate the capability of the X2 Technology.
GG NEM

Hot Stocks

16:47 EDT Paulson & Co. opposes terms of Newmont's proposed acquisition of Goldcorp - Paulson & Co, a holder of 14.2M shares of Newmont Mining (NEM) sent a letter to Gary Goldberg, President and CEO of Newmont indicating that Paulson does not support Newmont's proposed acquisition of Goldcorp (GG) as currently structured. The letter outlines how the deal, under the current terms, creates negative value for Newmont shareholders: The $1.5B premium to Goldcorp shareholders is unjustified given Goldcorp's poor performance; As currently structured, the synergies from the transaction would only accrue to Goldcorp shareholders; The transaction would transfer a significant percentage of the value created by Newmont's recently announced Nevada joint venture with Barrick to Goldcorp shareholders instead of preserving this value for Newmont shareholders; and Following the creation of the Nevada joint venture, Newmont is positioned to create greater value as a stand-alone entity than if the acquisition were completed under current terms. Paulson would reconsider its position if the undue premium to Goldcorp shareholders was eliminated and the full value of the recently-announced Nevada joint venture was retained for Newmont shareholders. Adjusting the exchange ratio from 0.328 shares to a maximum of 0.254 would accomplish those objectives and result in an accretive transaction for Newmont shareholders.
CBAN

Hot Stocks

16:45 EDT LBC shareholders approve merger with Colony Bankcorp - Colony Bankcorp, Inc. announced that the shareholders of LBC Bancshares, Inc., parent company of Calumet Bank, a Georgia state-chartered bank, have voted to approve Colony's proposed acquisition of 100% of the common stock of LBC in a combined stock-and-cash transaction valued at approximately $34.1M, pursuant to an Agreement and Plan of Merger entered into on December 18, 2018. The transaction remains subject to receipt of all required regulatory approvals, which is anticipated by mid-April, and is expected to be completed on May 1, 2019, subject to the satisfaction of other customary closing conditions contained in the Merger Agreement.
EXPE

Hot Stocks

16:37 EDT Expedia says Scott Rudin resigned from board - According to a regulatory filing, on March 17, 2019, Scott Rudin informed Expedia Group, Inc. that he was resigning from the board of directors of the company, effective as of March 19, 2019. Rudin's decision to resign was based on the demands on his time from other professional commitments and not the result of any disagreement between Rudin and the company, the company said. On March 19, 2019, the board eliminated the board seat held by Mr. Rudin, thereby decreasing the size of the Board from fifteen directors to fourteen directors.
ULTA

Hot Stocks

16:37 EDT Ulta Beauty director Dennis Eck sells 15K shares of common stock - In a regulatory filing, Ulta Beauty disclosed that its director Dennis Eck sold 15K shares of common stock on March 20th at $336.06 per share. The transaction size was $5.04M.
KVHI

Hot Stocks

16:35 EDT KVH Industries expands HTS Maritime Network for entire Pacific Ocean region - KVH Industries announced that it has expanded its mini-VSAT Broadband HTS network to the Pacific Ocean via the Horizons 3e satellite, which is jointly owned by Intelsat and SKY Perfect JSAT. The high-performance Horizons 3e satellite immediately adds to the global coverage and capacity of KVH's mini-VSAT Broadband HTS network, which provides connectivity to vessels worldwide. Global containerships, commercial fishing fleets, and superyachts cruising to remote destinations are among the many types of vessels that transit key areas in the Pacifi Ocean, Asia Pacific, and the U.S. Pacific Northwest. "With the expansion of coverage to the Pacific Ocean region, our advanced HTS network footprint is complete, providing the commercial and leisure mariners who rely on our solution with great coverage, fast data speeds, and enhanced performance for Internet access, VoIP, and all our connectivity services at sea," says Brent Bruun, chief operating officer of KVH. "We are committed to continuing our high level of service in providing the maritime industry with a complete end-to-end solution for global connectivity."
CLW ITRI

Hot Stocks

16:32 EDT Clearwater Paper names Robert Hrivnak as CFO, succeeding John Hertz - Clearwater Paper (CLW) announced the appointment of Robert Hrivnak as senior vice president, finance and CFO effective April 8. Hrivnak will be responsible for overseeing the company's financial reporting and controls, investor relations, risk management, tax and treasury functions, and purchasing. Hrivnak joins Clearwater Paper from Itron (ITRI). Hrivnak succeeds John Hertz, who has left the company to pursue other opportunities.
MTW

Hot Stocks

16:31 EDT Manitowoc settles action seeking damages for trade secret misappropriation - The Manitowoc Company, Inc. announced that on March 19, 2019, Manitowoc and Sany America, Inc. and Sany Heavy Industry Co., Ltd entered into a consent decree and agreed to settle Manitowoc's action in the United States District Court for the Eastern District of Wisconsin.
NKE

Hot Stocks

16:20 EDT Nike down 3.4% after reporting quarterly results
CTAS

Hot Stocks

16:20 EDT Cintas reports Q3 organic revenue growth up 6% - Reports Q3 gross margin 44.9% vs. 44.1% last year. In Q3, the organic growth rate for the Uniform Rental and Facility Services operating segment was 6.2%, and the organic growth rate for the First Aid and Safety Services operating segment was 8.6%.
NNDM

Hot Stocks

16:19 EDT Nano Dimension receives Nasdaq non-compliance notification - Nano Dimension announced that the company received a written notice from Nasdaq indicating that the company was not in compliance with Nasdaq Listing Rule 5550, as the company's closing bid price for its American depositary shares was below $1.00 per share for the last 30 consecutive business days. Pursuant to Nasdaq Listing Rule 5810, the company has been granted a 180-calendar day compliance period, or until September 16, to regain compliance with the minimum bid price requirement. During the compliance period, the company's American depositary shares will continue to be listed and traded on Nasdaq. To regain compliance, the closing bid price of the company's American depositary shares must meet or exceed $1.00 per share for at least 10 consecutive business days during the 180-calendar day compliance period. If the company is not in compliance by September 16, the company may be afforded a second 180-calendar day compliance period. To qualify for this additional time, the company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq with the exception of the minimum bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period.
RC ORM

Hot Stocks

16:19 EDT Ready Capital stockholders approve issuance of common stock in Owens merger - Ready Capital's (RC) stockholders approved the issuance of the company's common stock pursuant to the terms of the previously announced merger agreement with Owens Realty Mortgage (ORM). The merger is expected to close on March 29, subject to customary closing conditions. As a result of the merger, among other things, each share of common stock, par value 1c per share, of ORM outstanding at the effective time of the merger will be converted into the right to receive from Ready Capital 1.441 shares of common stock, par value $0.0001 per share, of Ready Capital. Cash will be paid in lieu of fractional shares of Ready Capital Common Stock that would have been received as a result of the merger.
CHRW

Hot Stocks

16:19 EDT C.H. Robinson CFO Andrew Clarke to leave position - C.H. Robinson announced that Andrew Clarke will be departing from his position as Chief Financial Officer effective March 31, 2019. The company has commenced a formal search for Clarke's successor, reviewing both internal and external candidates.
NKE

Hot Stocks

16:18 EDT Nike CFO: Consumer Direct Offense delivering broad-based growth - "The Consumer Direct Offense is delivering broad-based growth across all four of our geographies, led by continued momentum in China," said Andy Campion, Executive Vice President and Chief Financial Officer, NIKE, Inc. "We will continue investing in key capabilities to drive NIKE's digital transformation and fuel strong profitable growth into next fiscal year and beyond."
NKE

Hot Stocks

16:18 EDT Nike reports Q3 North America revenue $3.81B, up 7% - Reports Q3 EMEA revenue $2.44B, up 6%. Reports Q3 Greater China revenue $1.59B, up 19%. Reports Q3 Asia Pacific and Latin Americ revenue $1.3B, up 3%.
WMC

Hot Stocks

16:17 EDT Western Asset Mortgage estimated book value per share $10.73 as of Feb. 28 - The February 28 estimated book value is unaudited, has not been verified or reviewed by any third party and is subject to normal quarterly reconciliation and other procedures. Further, the estimated book value is as of February 28, and does not include the dividend announced on March 21.
ISNS

Hot Stocks

16:17 EDT Image Sensing Systems interim CFO Todd Slawson resigns - Image Sensing Systems announced that Todd Slawson has resigned as its interim CFO to accept a position at another company. His last day with ISS will be March 26. The board has appointed Ted Johnson as interim CFO. Johnson most recently served as the International Finance Director of Textron Specialized Vehicles from March 2017 until February 2019.
NKE

Hot Stocks

16:17 EDT Nike reports Q3 Nike Brand revenue $9.15B - Revenues for the NIKE Brand were $9.1 billion, up 12 percent on a currency-neutral basis driven by growth across wholesale and NIKE Direct, categories including Sportswear and Jordan, and continued double-digit growth across footwear and apparel. Revenues for Converse were $463 million, down 2 percent on a currency-neutral basis, mainly driven by double-digit growth in Asia and digital which was more than offset by declines in the U.S. and Europe.
NKE

Hot Stocks

16:16 EDT Nike reports Q3 gross margin 45.1% - Gross margin increased 130 basis points to 45.1 percent primarily driven by higher average selling prices, favorable changes in foreign currency exchange rates and growth in NIKE Direct, partially offset by higher product costs.
CNI

Hot Stocks

16:16 EDT Canadian National investing approximately $370M in Alberta rail infrastructure - CN said it plans to invest approximately $370M across Alberta in 2019 to expand and strengthen the company's rail network throughout the province. "Following a record capital program in 2018, CN has been able to take on more traffic from different commodity sectors based on contracts with our customers. This year, CN is planning a new record capital investment in Alberta to continue boosting capacity and network resiliency and to meet growing traffic on our corridors across the Province," said Doug Ryhorchuk, Vice-President of CN's Western Region. The Alberta investments are part of CN's 2019 record $3.9-billion capital investment focused on enabling growth from all commodity segments, including consumer goods, grain, agricultural, forest, and energy products from all of our customers, safely and efficiently. Over two years, CN will have made a $7.4-billion capital investment.
ZUO

Hot Stocks

16:15 EDT Zuora ACV customers over $100K rose 27% from last year
AGN...

Hot Stocks

16:10 EDT FDA posts briefing documents for advisory panel on breast implants - The Food and Drug Administration is convening the General and Plastic Surgery Devices Advisory Panel on March 25 and 26 for the purposes of discussing the long-term benefits and risks of breast implants for achieving breast augmentation and reconstruction. Makers of breast implants include Allergan (AGN), Johnson & Johnson's (JNJ) Mentor, Sientra (SIEN) and Establishment Labs (ESTA). Reference Link
GME

Hot Stocks

16:08 EDT GameStop appoints George Sherman as CEO - GameStop Corp. announced that its board has appointed George Sherman as CEO and member of the board, effective April 15. Sherman succeeds Shane Kim, who has served as interim CEO since May 2018 and as a director since July 2011. Most recently, Sherman served as CEO of Victra, an authorized retailer for Verizon Wireless products and services.
CNAT

Hot Stocks

16:08 EDT Conatus announces Phase 2b ENCORE-NF trial results - Conatus announced top-line results from the company's Phase 2b ENCORE-NF clinical trial in patients with biopsy-confirmed nonalcoholic steatohepatitis, or NASH, and liver fibrosis. The trial's primary endpoint was a one CRN fibrosis stage improvement with no worsening of steatohepatitis compared with placebo at week 72. Consistent with safety results from 18 previously completed clinical trials, emricasan was generally well-tolerated in the ENCORE-NF clinical trial. "Although emricasan did not have the desired effect in these earlier-stage NASH fibrosis patients, we believe its demonstrated biomarker activity across a broad spectrum of liver disease warrants continued evaluation in more advanced-stage NASH cirrhosis patients," said Steven Mento, CEO and co-founder of Conatus. "We look forward to seeing the additional data readouts expected over the coming months and reviewing the totality of these results with our collaborators at Novartis to determine the most appropriate path forward."
SNNA

Hot Stocks

16:07 EDT Sienna Biopharmaceuticals promotes Alexander Azoy to CFO - Sienna Biopharmaceuticals announced the promotion of Alexander Azoy to CFO. Azoy, who has served as Sienna's Corporate Controller since December 2017, will succeed John Smither, who has resigned for personal reasons, effective April 1.
ELF

Hot Stocks

16:06 EDT e.l.f. Beauty names Mandy Fields new CFO - e.l.f. Beauty announced the appointment of Mandy Fields to the role of Senior Vice President - Chief Financial Officer, effective April 22, 2019. Ms. Fields will report to Tarang Amin, Chairman and Chief Executive Officer, and oversee all financial aspects of the Company. Ms. Fields has over 15-years of finance experience, most recently serving as the Chief Financial Officer of BevMo!, the number one retailer of alcoholic beverages on the West Coast, with 163 stores across California, Washington and Arizona.
PHM

Hot Stocks

16:05 EDT PulteGroup names John Chadwick COO - PulteGroup announced that John Chadwick has been promoted to Executive Vice President and Chief Operating Officer effective April 1, 2019. He replaces Harmon Smith who had previously announced his plans to retire. Chadwick has had a 28-year career with the Company, and most recently served as Area President, West which encompasses Arizona, California, Nevada, New Mexico and Washington.
VREX

Hot Stocks

16:05 EDT Varex Imaging acquiring Swedish linear array digital detector maker - Varex Imaging has entered into an agreement to acquire at least 90% of the outstanding shares of common stock of Direct Conversion AB. Stockholm-based Direct Conversion, also known by its Ajat and XCounter brands, is a manufacturer and marketer of linear array digital detectors utilizing direct conversion and photon counting technology. The aggregate purchase price is EUR75M for 100% of the outstanding shares, subject to customary adjustments, of which EUR10M will be paid in either Varex common stock or cash on the first anniversary of closing. The company plans to fund the consideration using available cash and debt under its existing credit facility. The transaction is expected to be completed in Q3. In 2018, Direct Conversion had revenues of EUR16M with projected double-digit annual growth rates over the next five years. Direct Conversion also has more than EUR40M in signed multi-year supply agreements with customers, primarily for its photon counting detector products. Varex expects the acquisition to be accretive to adjusted EPS in fiscal year 2020 and to generate a return on invested capital greater than its cost of capital within three years. Varex expects that the current applications will widen its addressable market for digital detector products by approximately $200M over the coming years, with additional addressable market expansion potential of up to $500M by replacing current CT detectors with photon counting technology in the future.
GRTS

Hot Stocks

16:04 EDT Gritstone Oncology announces first patient dosed with GRANITE-001 - Gritstone Oncology announced that the first patient has been dosed with its personalized immunotherapy candidate targeting the patient's tumor-specific neoantigens, called GRANITE-001. The Phase 1/2 clinical study, referred to as GO-004, is evaluating GRANITE-001 in combination with immune checkpoint blockade for the treatment of patients with advanced solid tumors, including microsatellite stable colorectal cancer, or MSS CRC, gastroesophageal cancer, metastatic non-small cell lung cancer and bladder cancer. GRANITE-001 was granted fast track designation by the FDA for the treatment of MSS CRC. Patients are currently being enrolled into the Phase 1 portion of the GO-004 study. The Phase 1 study includes two parts. In part A, patients receive a full, fixed dose of adenovirus-based prime vector with escalating doses of self-amplifying RNA-based boost vector in combination with intravenous anti-PD-1 therapy, nivolumab. In part B, patients receive the prime and boost vectors at the selected dose in combination with both nivolumab and subcutaneous anti-CTLA-4 antibody, ipilimumab.
YEXT BHGE

Hot Stocks

16:04 EDT Yext names George Murphy as SVP, Global Strategic Alliances - Yext (YEXT) has appointed George Murphy as SVP, Global Strategic Alliances. Murphy brings 25 years of experience across the technology, financial services, and energy industries to the role. Prior to joining Yext, Murphy served as Global Head of Alliances and Channels at Baker Hughes (BHGE).
OXFD GE

Hot Stocks

16:03 EDT Oxford Immunotec appoints Matthew McLaughlin CFO - Oxford Immunotec Global (OXFD) announced that Richard Altieri, the company's CFO, will retire on April 30. The company has appointed Matthew McLaughlin, currently CFO, GE (GE) Healthcare - U.S. and Canada, as his successor. McLaughlin will join Oxford Immunotec as CFO on April 8. The announcement concludes an extensive search process conducted by the company. As part of the planned succession, Altieri, who has led Oxford Immunotec's global finance organization as CFO since 2012, will remain an active member of the company's management team until his retirement date.
ACGL

Hot Stocks

16:02 EDT Arch Capital names John Pasquesi chairman of the board - Arch Capital Group Ltd. announced that John Pasquesi will succeed Constantine "Dinos" Iordanou as Chairman of its board of directors in September upon the completion of Iordanou's term. Pasquesi is currently Lead Director of the board of directors and has been a member of the board and Vice Chairman since 2001. Pasquesi is the managing member of Otter Capital LLC, a private equity investment firm he founded in January 2001.
NOK

Hot Stocks

16:01 EDT Nokia reports internal investigation into compliance at Alcatel Lucent - In a regulatory filing earlier, Nokia stated: "During the course of the ongoing integration process, we have been made aware of certain practices relating to compliance issues at the former Alcatel Lucent business that have raised concerns. We have initiated an internal investigation and voluntarily reported the matter to the relevant regulatory authorities, with whom we are cooperating with a view to resolving the matter. The resolution of this matter could result in potential criminal or civil penalties, including the possibility of monetary fines, which could have a material adverse effect on our business, brand, reputation or financial position."
CURLF CVS

Hot Stocks

15:28 EDT Curaleaf Holdings spikes 22% after report of CBD products pact with CVS - Shares of Curaleaf (CURLF) are currently up 21.6% or $1.46 to $8.34 per share, while CVS (CVS) is up over 2% or $1.14 to $57.30 per share heading into the close on Thursday.
BV

Hot Stocks

15:20 EDT BrightView under investigation for potential securities laws violations - Thornton Law Firm announced that it is investigating a potential securities class action on behalf of purchasers of the securities of BrightView Holdings pursuant to, or traceable to, the registration statement and prospectus issued in connection with BrightView's June 2018 IPO. The investigation involves possible violations of the federal securities laws by BrightView. According to the investigation, BrightView may have made false and misleading statements in its offering documents relating to BrightView's revenue growth, workforce, and customer contracts. As a result of disclosures from BrightView rendering these earlier statements false and misleading, BrightView's stock dropped more than 15%, trading as low as $9.25 since August 2018.
USB...

Hot Stocks

15:06 EDT Bank stocks sit out rally, mirroring concern for broader economy - Shares of financial stocks are not participating in Thursday's Fed-inspired rally. A concerned U.S. Federal Reserve Bank cut its forecasts for further interest rate increases from two to zero on Wednesday. Fed watchers interpreted the dovish Fed move on Wednesday as a signal of concern over U.S. growth prospects amid worries in Europe, and to some extent, China. YIELD CURVE NARROWS: As longer-term bond yields decline, the yield curve flattens due to the narrowing of the gap between yields on short-and long-term treasuries. Banks depend on profitability from lending at the long term rate and borrowing at the shorter term rate. The profitability of lenders typically declines with a flattening of the yield curve. "Yield curves are responding to what they see, to what I believe is a global economic slowdown," said Peter Boockvar, Chief Investment Officer at the Bleakley Advisory Group, on CNBC earlier. BANKS ARE KEY ECONOMIC INDICATOR: In an earlier Wall Street Journal article, Ed Cofrancesco, CEO of International Assets Advisory, said, "banks are key components to our economy, so much that if they don't do well, they're a drag on the market and the economy as a whole." Publicly traded companies in the space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB), and Wells Fargo (WFC).
SMG

Hot Stocks

15:02 EDT Scotts Miracle-Gro extends partnership with Major League Baseball - The Scotts Company and Major League Baseball announced that the Ohio-based company will remain the Official Lawn Care Company of Major League Baseball in a multi-year agreement. The renewal builds on the partnership that originally began in 2010, taking Scotts and MLB into a 10th season together. This is also the fourth season that Scotts is an official partner of MLB's PLAY BALL initiative, the league's collective effort to encourage young people and communities to engage in baseball- or softball-related activities, including formal leagues, special events and casual forms of play. As part of the extended sponsorship, Scotts and MLB will continue the Scotts Field Refurbishment Program where grants are awarded to youth-focused community organizations to give kids modern, playable ball fields. The Scotts Field Refurbishment Program is part of the company's larger Gro More Good initiative to connect children to more outdoor play opportunities by enhancing community greenspaces. "Memories are made outside, whether they're in a ballpark or in a backyard," said Josh Peoples, Senior Vice President, Brand Marketing, ScottsMiracle-Gro. "Connecting children with safe, quality places to play is a priority for Scotts and MLB continues to be a natural partner for us in this effort. Our long-standing relationship is rooted in community outreach and encouraging fans and families alike to engage and enjoy more moments outside."
ABBV

Hot Stocks

14:38 EDT FDA warns on risks associated with investigational use of Venclexta in MM - The U.S. Food and Drug Administration announced that it is alerting health care professionals, oncology clinical investigators and patients about the risks associated with the investigational use of Venclexta for the treatment of patients with multiple myeloma based on data from a clinical trial. Venclexta is not approved for the treatment of multiple myeloma. The Fly notes that earlier this week AbbVie (ABBV) announced the U.S. FDA has placed a partial clinical hold on all clinical trials evaluating venetoclax for the investigational treatment of multiple myeloma. Reference Link
GOLD

Hot Stocks

14:23 EDT Barrick Gold report Golden Sunlight mining limited to existing areas only - Barrick Gold announced that the Golden Sunlight mine, operated by Barrick, has been approaching the end of its operational life in recent years, with the mine's remaining gold reserves nearly depleted. "Following a detailed review of the Golden Sunlight operation, new underground development has ceased, and mining is limited to existing areas only. A final mill run to process gold ore is currently scheduled for May 2019. Underground and surface exploration drilling will continue at the operation, with a focus on the southern extension of the Sunlight vein. The Company will also complete metallurgical test work and a structural geological model associated with the APEX target. In addition, Barrick will be evaluating the potential to reprocess historic tailings, while conducting hydrological and geochemical studies to support ongoing water treatment and reclamation work as part of our commitment as responsible owners of the Golden Sunlight mine," the company stated.
TTOO GE

Hot Stocks

13:44 EDT T2 Biosystems reports catalog supply agreement with GE Healthcare - In a regulatory filing, T2 Biosystems (TTOO) disclosed that on March 15 the company entered into a catalog supply agreement - OEM Retail, with GE Healthcare Bio-Sciences for the manufacture and supply by GE Healthcare of its proprietary superparamagnetic particles to be used in connection with the company's products. Pursuant to the agreement, GE Healthcare has appointed T2 Biosystems as a non-exclusive reseller of the particles, solely as part of the company's products, in clinical diagnostics and life sciences research around the world. The agreement contains other terms and conditions generally consistent with an agreement for the manufacture and supply of materials or products for use in the development and commercialization of biotechnology products such as the company's products, including with respect to ordering, supply of such product in accordance with specifications, and quality assurance and quality control activities. The company is obligated to meet certain minimum purchase requirements in each contract year of the agreement during the term.
CMCSA

Hot Stocks

13:39 EDT Comcast announces cord cutter friendly Xfinity Flex - Comcast announced the launch of Xfinity Flex, a new service that provides Xfinity Internet-only customers the ability to use their television and voice control to manage all of the connected devices in their home, and enjoy many of their favorite entertainment experiences on the big screen. Available to all Xfinity Internet customers across the country starting next week, the Xfinity Flex service is packaged with an Internet-connected, 4K HDR streaming TV device which comes with Comcast's award-winning voice remote, one integrated guide for accessing popular streaming video and music choices, as well as Comcast's home WiFi, mobile, security, and automation services. "Xfinity Flex will deepen our relationship with a certain segment of our Internet customers and provide them with real value," said Matt Strauss, Executive Vice President, Xfinity Services for Comcast Cable. "For just five dollars a month, we can offer these customers an affordable, flexible, and differentiated platform that includes thousands of free movies and shows for online streaming, an integrated guide for accessing their favorite apps and connected home devices, and the ease of navigating and managing all of it with our voice remote." Xfinity Flex comes with more than 10,000 free online movies and TV shows-including live streaming TV-from ESPN3, Xumo, Pluto, Tubi TV, Cheddar, YouTube, and more. The Xfinity Flex box features an integrated guide and voice control, enabling customers to easily browse and access programming across apps like Netflix, Amazon Prime Video, HBO, and Showtime, rent and purchase movies and shows from the digital store, access their digital lockers across platforms by pairing their account with Movies Anywhere, or listen to music from Pandora, iHeartRadio, and XITE. And soon, Xfinity Flex customers will be able to easily upgrade to the full Xfinity X1 cable service right from the guide, which offers hundreds of live channels, tens of thousands of on demand titles, and a cloud DVR.
MAR

Hot Stocks

13:36 EDT Marriott mentioned cautiously at Hedgeye
HMC

Hot Stocks

13:32 EDT American Honda recalls about 200,000 portable generators due to fire hazards - American Honda is recalling about 2,000 Honda EU2200i, EU2200i Companion and EB2200i portable generators. The portable generator can leak gasoline from the fuel valve, posing fire and burn hazards, the CPSC said. Honda has received 19 reports of fuel leaking from the fuel valve. No injuries have been reported. This recall was conducted voluntarily by the company under CPSC's Fast Track Recall process.
LEVL

Hot Stocks

13:28 EDT Level One raises dividend to 4c from 3c per share - Level One Bancorp announced that its board of directors declared a quarterly cash dividend on its common stock of 4c per share payable on April 15 to shareholders of record on March 31. This quarterly cash dividend of 4c per share represents an increase of 1c per share, compared to 3c per share declared in prior quarter, the company noted.
TRMD

Hot Stocks

13:14 EDT TORM PLC (Class A Stock) trading resumes
DXCM ABT

Hot Stocks

13:09 EDT DexCom slides after named a 'Strong Sell' at Spruce Point - Spruce Point issued a "Strong Sell" opinion on Dexcom (DXCM), stating it sees 45%-60% downside for what it views as "a risky one-product company valued as a growth story." Dexcom's G-Series has been considered the gold standard of stand-alone continuous glucose monitoring systems, or CGMs, but Abbott (ABT) is set to close the technological gap, Spruce Point contends. The firm sees Dexcom sliding to $65-$85 per share. In afternoon trading, Dexcom shares are down $4.64, or 3.2%, to $141.52. Reference Link
TRMD

Hot Stocks

13:09 EDT TORM PLC (Class A Stock) trading halted, volatility trading pause
SPI

Hot Stocks

13:06 EDT SPI Energy jumps over 72% after completing acquisition of solar PV projects - SPI Energy announced that SP Orange Power, a subsidiary of the company, has completed its previously announced second-stage acquisition of 100% of the equity interest of Heliohrisi, which owns 1.998 megawatts of photovoltaic projects in Greece, from Thermi Taneo Venture Capital Fund with the purchase price of EUR $1.7M per MW. SPI Energy also entered into an amendment to the Framework Share Purchase Agreement dated September 20, 2017, pursuant to which SPI Energy's acquisition of Thermi Sun would be delayed until no later than May 20. The framework share purchase provides that SPI Energy, through its subsidiary, would acquire 100% equity interests of three Greek companies, namely Thermi Sun, Heliohrisi, and Heliostixio from TTVCF, subject to certain adjustments and certain closing conditions. These three companies own a total of four PV plants with 7.4MWp PV installations in northern Greece. The installations have been connected to the Greek power grid since July 2012 and are currently in operation. SPI Energy closed the acquisition of Heliostixio on December 13, 2017. The Company expects to complete the acquisition of Thermi Sun, which would be the last acquisition under the terms of the framework agreement by May 2019. Shares of SPI Energy are up $1.90 or 72.41% to $4.50 per share in afternoon trading.
DVN...

Hot Stocks

13:05 EDT Nine Energy CEO, former Questar CEO nominated for Devon Energy's board - The board of directors of Devon Energy (DVN) announced that Ann Fox and Keith Rattie have been nominated to stand for election to the board at the company's annual meeting of stockholders on June 5. Fox is the president and CEO of Nine Energy Service (NINE), a Houston-based oilfield services company with operations throughout the U.S. and Canada. Rattie is the former chairman, president and CEO of Questar (STR), a natural gas-focused energy company based in Salt Lake City. Devon announced in November that board chairman John Richels will not seek re-election at the 2019 annual meeting and will retire from the board at that time. Given Richels' pending retirement, if the full slate of proposed directors wins election, including Fox and Rattie, Devon's board will expand to 11 members, 10 of whom would be independent directors.
DXCM

Hot Stocks

13:00 EDT DexCom mentioned cautiously at Spruce Point
X

Hot Stocks

12:05 EDT U.S. Steel announces enhanced benefits for its non-represented employees - United States Steel announced a number of new and enhanced benefits the company has made available to its non-represented employees to support the diverse and inclusive workforce at the company. All new benefits will be available in full by April 1, though most became available at the beginning of 2019, including: parental leave, infertility coverage, bereavement leave.
BBDO

Hot Stocks

12:00 EDT Banco Bradesco falls -7.2% - Banco Bradesco is down -7.2%, or -75c to $9.70.
I

Hot Stocks

12:00 EDT Intelsat falls -10.1% - Intelsat is down -10.1%, or -$1.71 to $15.27.
GES

Hot Stocks

12:00 EDT Guess falls -14.0% - Guess is down -14.0%, or -$3.09 to $18.98.
CPG

Hot Stocks

12:00 EDT Crescent Point Energy rises 8.0% - Crescent Point Energy is up 8.0%, or 26c to $3.53.
CAG

Hot Stocks

12:00 EDT Conagra Brands rises 11.4% - Conagra Brands is up 11.4%, or $2.60 to $25.50.
CHAP

Hot Stocks

12:00 EDT Chaparral Energy rises 12.2% - Chaparral Energy is up 12.2%, or 65c to $5.96.
FB

Hot Stocks

11:37 EDT Facebook says issues fixed after finding user passwords readable by employees - Facebook's VP Engineering, Security and Privacy, Pedro Canahuati, stated in a post to the company's investor relations site: "As part of a routine security review in January, we found that some user passwords were being stored in a readable format within our internal data storage systems. This caught our attention because our login systems are designed to mask passwords using techniques that make them unreadable. We have fixed these issues and as a precaution we will be notifying everyone whose passwords we have found were stored in this way. To be clear, these passwords were never visible to anyone outside of Facebook and we have found no evidence to date that anyone internally abused or improperly accessed them. We estimate that we will notify hundreds of millions of Facebook Lite users, tens of millions of other Facebook users, and tens of thousands of Instagram users. Facebook Lite is a version of Facebook predominantly used by people in regions with lower connectivity. In the course of our review, we have been looking at the ways we store certain other categories of information - like access tokens - and have fixed problems as we've discovered them. There is nothing more important to us than protecting people's information, and we will continue making improvements as part of our ongoing security efforts at Facebook." Reference Link
EQT

Hot Stocks

11:00 EDT EQT Corporation confirms Rice nomination of nine director candidates - EQT Corporation confirmed that Toby Rice submitted to the company a notice of nomination of nine director candidates to stand for election to the EQT Board of Directors at the company's 2019 annual meeting of shareholders. In response, the company stated in part: "The EQT Board of Directors and management team strive to maintain an open dialogue with investors and welcome constructive input that may advance our goal of enhancing shareholder value. For this reason, members of the EQT Board and management team have held meetings and discussions with Toby Rice and Derek Rice over the past few months. As EQT developed and finalized its 2019 operating plan, which was announced on January 22, 2019, the Board carefully considered the suggestions put forward by Toby and Derek Rice...EQT has begun a new chapter and made important enhancements throughout the organization, including through Board and leadership refreshment. In 2018, EQT appointed four new independent directors to the Board. The Board now comprises 12 directors, 10 of whom are independent and all of whom are actively engaged in overseeing the Company's strategy and success. EQT's directors have expertise in areas that are critical to the Company, including natural resource extraction, engineering, energy policy, government relations, accounting, mergers and acquisitions, and corporate governance...The EQT Board and management team will continue to take actions to enhance shareholder value and position EQT for growth and success...The Corporate Governance Committee of EQT's Board will review and consider Toby Rice's director candidates and make a formal recommendation regarding director nominees in the Company's definitive proxy statement and other materials to be filed with the U.S. Securities and Exchange Commission and mailed to all shareholders eligible to vote."
RAD

Hot Stocks

10:39 EDT Rite Aid stockholders approve reverse stock split - Rite Aid Corporation announced that its stockholders approved a reverse stock split of the company's common stock at its Special Meeting of Stockholders. According to preliminary tabulations, with approximately 987 million eligible votes cast, stockholders voted 78% in favor of the reverse split. Rite Aid's Board of Directors may select a reverse stock split ratio of either 1-for-10, 1-for-15 or 1-for-20 in due course. As previously announced, Rite Aid will regain compliance with the NYSE share price listing rule if at the last trading day of any month during the six-month cure period, or at July 3, the end of the six-month cure period, the company has at least a $1.00 share price and has maintained at least a $1.00 average closing share price over the preceding 30 consecutive trading days. Rite Aid's common stock continues to be listed on the NYSE and will continue to trade as usual during the six-month cure period.
ZAYO

Hot Stocks

10:26 EDT Zayo Group strength attributed to report from CTFN - According to Bloomberg, CTFN is reporting that OMERS might be interested in a bid for Zayo Group. Zayo shares are up about 2% to $28.38 in morning trading.
CAG

Hot Stocks

10:10 EDT Conagra Brands sees organic net sales growth of approx. 1.7% for Q4
CAG

Hot Stocks

10:05 EDT Conagra says any further divestitures could speed leverage target timetable
BLIN CRM

Hot Stocks

10:01 EDT Bridgeline Digital acquires OrchestraCMS assets from Stantive Technologies Group - Bridgeline Digital (BLIN) announced their acquisition of certain assets of Stantive Technologies Group, including OrchestraCMS, the leading digital experience platform built 100% native on Salesforce.com (CRM). The OrchestraCMS platform helps Salesforce customers create employee intranets, customer portals and marketing Web sites. The native integration with Salesforce enables the platform to access the underlying infrastructure of the CRM, including security model, data, apps, workflow and other processes to deliver online experiences across any channel or device. Terms of the transaction were not disclosed.
CVIA

Hot Stocks

10:00 EDT Covia falls -8.5% - Covia is down -8.5%, or -61c to $6.60.
I

Hot Stocks

10:00 EDT Intelsat falls -9.2% - Intelsat is down -9.2%, or -$1.56 to $15.42.
GES

Hot Stocks

10:00 EDT Guess falls -15.4% - Guess is down -15.4%, or -$3.41 to $18.66.
DPLO

Hot Stocks

10:00 EDT Diplomat Pharmacy rises 6.3% - Diplomat Pharmacy is up 6.3%, or 37c to $6.23.
BEST

Hot Stocks

10:00 EDT Best Inc rises 6.7% - Best Inc is up 6.7%, or 32c to $5.11.
CAG

Hot Stocks

10:00 EDT Conagra Brands rises 10.4% - Conagra Brands is up 10.4%, or $2.38 to $25.28.
CAG

Hot Stocks

09:51 EDT Conagra does not expect to need to divest assets to meet leverage target
MMM

Hot Stocks

09:50 EDT 3M says Q1 organic growth 'slightly flat to slightly negative' through February - At the Bank of America Merrill Lynch Global Industrials Conference, 3M CEO Michael Roman said that organic growth is "slightly flat to slightly negative" through February. For Q1, says "we're probably more in the 0%-1%" range. Shares of 3M are down about 0.5% to $207.47 in morning trading.
DQ

Hot Stocks

09:47 EDT Daqo New Energy falls -4.1% - Daqo New Energy is down -4.1%, or -$1.48 to $34.22.
I

Hot Stocks

09:47 EDT Intelsat falls -9.5% - Intelsat is down -9.5%, or -$1.62 to $15.36.
GES

Hot Stocks

09:47 EDT Guess falls -15.9% - Guess is down -15.9%, or -$3.50 to $18.57.
MBT

Hot Stocks

09:47 EDT Mobile TeleSystems rises 4.9% - Mobile TeleSystems is up 4.9%, or 39c to $8.42.
DPLO

Hot Stocks

09:47 EDT Diplomat Pharmacy rises 6.3% - Diplomat Pharmacy is up 6.3%, or 37c to $6.23.
CAG

Hot Stocks

09:47 EDT Conagra Brands rises 11.9% - Conagra Brands is up 11.9%, or $2.73 to $25.63.
CAG

Hot Stocks

09:46 EDT Conagra Brands says Birds Eye 'slow to respond to key consumer trends'
CAG

Hot Stocks

09:44 EDT Conagra Brands says Pinnacle-related work 'incredibly focused'
CAG

Hot Stocks

09:37 EDT Conagra Brands says expects to exceed initial $215M cost synergy target
CAG

Hot Stocks

09:35 EDT Conagra Brands sees improved trends for Pinnacle in 2H20 - Comments taken from Conagra's Q2 earnings conference call.
EGBN

Hot Stocks

09:25 EDT Eagle Bancorp CEO Ronald Paul retires, Susan Riel named interim CEO - Eagle Bancorp announced that on Ronald Paul, chairman, president and CEO of the company, and chairman and CEO of the bank, advised the board of his retirement, effective immediately, from all positions as an officer and director of the company, the bank and their subsidiaries. Paul indicated that his decision was the result of serious health developments which would substantially interfere with his ability to perform his duties and obligations to the company and the bank. The board of the company has elected vice chair, Norman Pozez, to succeed Paul as chair of the board. Pozez has been a member of the board since 2008. The board of the company has appointed Susan Riel, executive VP of the company and senior executive VP and COO of the bank, to succeed Paul as interim president and CEO of the company. Riel has been a senior officer of the bank since its inception. The board will review alternatives for a permanent successor over the coming weeks.
TMUS

Hot Stocks

09:13 EDT T-Mobile begins limited home internet pilot - T-Mobile began piloting home Internet service, sending invites to a limited group of T-Mobile customers in rural and underserved markets for high-speed fixed wireless service. The company said, "The T-Mobile Home Internet pilot is offered exclusively in areas we expect to deliver speeds of around 50 Mbps through fixed unlimited wireless service over LTE - with no data caps. It's just $50 per month with AutoPay, and because it's from T-Mobile, there are no annual service contracts, no hidden fees and no equipment costs. Setting up the in-home router is simple, and pilot customers get support from a dedicated team of real people - from the company that consistently ranks #1 in customer service satisfaction year after year. Due to LTE network and spectrum capacity constraints, the T-Mobile Home Internet pilot is limited by invitation-only to existing customers in specific areas, with the goal of reaching 50,000 households by the end of the year - or slightly less than 0.04% of U.S. households. But if T-Mobile's pending merger with Sprint is approved, with the added scale and capacity of the New T-Mobile, the Un-carrier plans to cover more than half of U.S. households with 5G broadband service - in excess of 100 Mbps - by 2024. And Americans stand to save billions. Today, consumers typically pay around $80 per month for wired in-home broadband service - $960 per year. Thanks to lower prices and more competition, one economist estimates that the New T-Mobile will save customers up to $13.65B a year on home broadband by 2024!"
LGND SAGE

Hot Stocks

09:11 EDT Ligand to receive $3M milestone payment from FDA approval of ZULRESSO - Ligand Pharmaceuticals Incorporated (LGND) announced that it will receive a $3M milestone payment as a result of the U.S. Food and Drug Administration's approval of Sage Therapeutics' (SAGE) ZULRESSO injection for the treatment of postpartum depression, ZULRESSO uses Ligand's Captisol in its formulation. Ligand is also eligible to receive a royalty on sales of ZULRESSO in the U.S. ZULRESSO is the first and only medicine specifically approved to treat PPD, the most common medical complication of childbirth. ZULRESSO is expected to be available in late June following scheduling by the U.S. Drug Enforcement Administration, which is expected to occur within 90 days.
RRGB

Hot Stocks

09:09 EDT Red Robin hires The Cypress Group for refranchising efforts - Red Robin Gourmet Burgers announced that it has retained The Cypress Group to manage the company's previously announced refranchising initiative.
SWIR

Hot Stocks

09:08 EDT Annexia selects Sierra Wireless services for asset tracking solution - Sierra Wireless announced that Annexia International has chosen Sierra Wireless' Smart IoT Connectivity for global deployment of its NStar asset tracking and management solution.
EXPI USNA

Hot Stocks

09:06 EDT eXp World Holdings appoints James Bramble as general counsel - eXp World Holdings (EXPI) announced that James Bramble is joining the company as general counsel. He will oversee the company's legal affairs, including corporate governance, litigation and compliance matters, and be a leader on the international expansion team. Bramble brings more than 20 years of legal experience at publicly traded Usana (USNA). Most recently, as CLO, general counsel and corporate secretary at Usana, he had direct responsibility for several substantive company functions, including corporate legal, new market expansion, managing the company's charitable foundation, internal audit and distributor compliance.
CMTL

Hot Stocks

09:05 EDT Comtech awarded $2.3M contract for RF microwave control components - Comtech Telecommunications announced that during its third quarter of fiscal 2019, its New York-based subsidiary, Comtech PST Corp., which is part of Comtech's Government Solutions segment, received a $2.3M contract award for RF microwave control components from a major domestic prime contractor.
BKI

Hot Stocks

09:05 EDT Black Knight's Servicing Digital solution implemented by U.S. Bank - Black Knight's Servicing Digital solution will be implemented by U.S. Bank. Servicing Digital is a web and mobile solution that gives customers of financial institutions access to home and loan information. The bank will use Servicing Digital as a responsive web application integrated with its banking website and mobile apps.
GOOG GOOGL

Hot Stocks

09:04 EDT Certona joins Google Cloud Partner Program - Kibo announced that Certona has joined the Google Cloud Partner Program. As a Google Cloud Partner, Certona, which was acquired by Kibo in February of 2019, will make its services available globally through the Google Cloud Platform. Certona will also leverage GCP to augment its data science in collaboration with its customers, allowing them to fully realize the power of personalization while maximizing scalability.
MDLZ

Hot Stocks

09:03 EDT Mondelez announces partnership with The Hatchery Chicago - Mondelez announced a partnership with The Hatchery Chicago, a non-profit food business incubator, as it ramps up its innovation efforts to lead the future of snacking. The partnership is one of several investments the company is making as part of SnackFutures, the company's innovation and venture hub aimed at unlocking snacking growth opportunities around the world. Through the new partnership, Mondelez International and the SnackFutures team will be able to connect with the local food and beverage start-up community and work together to accelerate and scale innovation. Mondelez will work with The Hatchery Chicago to offer educational opportunities and mentorship to entrepreneurs active in Chicago's food and drink scene. Housed in 67,000-square-foot facility in the East Garfield Park neighborhood in Chicago, it provides job training and placement programs.
EBAY...

Hot Stocks

09:03 EDT eBay to begin rolling out Google Pay on marketplace platform - eBay (EBAY) is introducing Google Pay (GOOG, GOOGL) to its suite of payment options to further increase customer choice in its new managed payments experience. The company announced last year that it will intermediate end-to-end payments on its marketplace to further simplify and improve the customer experience and expects to manage a majority of the payments on its platform in 2021. Google Pay users will be able to complete purchases on eBay via the app, mobile web and on desktop from sellers participating in managed payments. Customers who have the Google Pay digital wallet will also be able to complete purchases on desktop, regardless of operating system or device. Google Pay will be available to Android users starting in early April, joining Apple Pay (AAPL) as the latest payment option on the platform. Both options are currently only accessible when buying from sellers enrolled in eBay's new payments experience, and will be increasingly available to shoppers as the program grows to process more volume in additional geographies.
STT

Hot Stocks

09:02 EDT Charles River solution selected by Morningstar's Investment Management group - Charles River Development, a State Street company, announced that Morningstar's Investment Management group has selected the Charles River Investment Management Solution to support its initiative for a new family of funds offered through advisors. The Charles River IMS is a scalable, cloud-based platform that will support future expansion of Morningstar Investment Management group's multi-asset portfolios.
BIIB...

Hot Stocks

09:01 EDT Fly Intel: Pre-market Movers - HIGHER: Caesars (CZR), up 2% after the New York Post reports Golden Nugget Casino owner Tilman Fertitta is "gearing up" to make a second bid for the company and may get help from the company's controlling shareholder, Carl Icahn... Apple (AAPL), up 1% after Needham analyst Laura Martin upgraded the stock to Strong Buy from Buy and raised her price target on the stock to $225 from $180, citing her view that Apple's "network effects" make its ecosystem the "most likely to prevail in a direct competition between FAANG ecosystems." UP AFTER EARNINGS: Darden Restaurants (DRI), up 3.5%... Conagra Brands (CAG), up 7%... G-III Apparel (GIII), up 9%... Land's End (LE), up 5%. LOWER: Biogen (BIIB), down 27% after announcing the decision to discontinue global Phase 3 trials, ENGAGE and EMERGE, designed to evaluate the efficacy and safety of aducanumab in patients with mild cognitive impairment due to Alzheimer's disease and mild Alzheimer's disease dementia. DOWN AFTER EARNINGS: Canadian Solar (CSIQ), down 9%... AC Immune (ACIU), down 7.5%... Guess (GES), down 13%... Raven (RAVN), down 10%.
MNTA

Hot Stocks

08:51 EDT Momenta announces publication of new M281 data - Momenta announced new preclinical data for M281, its anti-FcRn antibody, was published in the American Journal of Obstetrics & Gynecology. The data show that M281 inhibits maternal to fetal IgG transfer in the human ex vivo term placental perfusion model, while showing minimal transfer itself to fetal circulation. Data supports M281's potential to prevent placental transfer of disease-inducing antibodies from mother to fetus in alloimmune and autoimmune diseases of the fetus and newborn. Global multi-center Phase 2 study of M281 in hemolytic disease of the fetus and newborn now active following regulatory approvals.
SITE ELS

Hot Stocks

08:50 EDT SiteOne Landscape nominates Larisa Drake for board of directors - SiteOne Landscape Supply (SITE) announced that its board of directors has nominated Larisa Drake to be elected as a director at the company's annual meeting of stockholders on May 15. Drake is EVP and CMO at Equity Lifestyle Properties (ELS).
GMDA PTN

Hot Stocks

08:47 EDT Gamida Cell nominates Shawn Tomasello, Stephen Willis to board of directors - Gamida Cell (GMDA) announced the nominations of Shawn Cline Tomasello and Stephen Wills to its board of directors. These nominations require approval at the Annual Shareholders Meeting, which will take place in May 2019. If elected, Tomasello will join the compensation committee, and. Wills will join the company's audit committee. From 2015 to 2018, Tomasello served as chief commercial officer of Kite Pharma, where she oversaw the global commercialization of Yescarta. Wills served as chief financial officer of Palatin Technologies (PTN) , a publicly-traded biotechnology company developing peptide therapeutics, since 1997 and also serves as Palatin's chief operating officer and executive vice president.
FIS

Hot Stocks

08:44 EDT FIS migrates hosted core banking platform service for Bank of the West - FIS announced that Bank of the West has moved to a hosted FIS core banking platform.
ALL

Hot Stocks

08:42 EDT Allstate announces estimated catastrophe losses for February of $151M, pre-tax - The Allstate Corporation announced estimated catastrophe losses for the month of February 2019 of $151M pre-tax, $119M, after-tax. Catastrophe losses occurring in February comprised 10 events at an estimated cost of $140M, pre-tax $111M, after-tax, plus unfavorable reserve reestimates of prior period catastrophe losses. One wind event, primarily impacting Pennsylvania, Ohio and New York, accounted for approximately 60% of February event catastrophe losses. Estimated catastrophe losses for January and February 2019 totaled $299M, pre-tax, $236M, after-tax.
ATNX

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08:41 EDT Athenex partner receives IND allowance from China NMPA for TAEST16001 - Athenex announced that its partner in cancer immunotherapy, Xiangxue Life Sciences, a wholly-owned subsidiary of Xiangxue Pharmaceutical, has received an allowance by China's National Medical Products Administration, or NMPA of its company-sponsored investigational new drug, or IND, application to initiate registrational related clinical studies in China of T-cell receptor affinity enhanced specific T-cell, or TAEST, therapy in patients with solid tumors that are HLA-A02:01 positive and NY-ESO-1 positive. The cancer immunotherapy product, named TAEST16001 injection, is based on TAEST technology generated T-cells, with enhanced binding affinity, against the antigen NY-ESO-1 and is HLA-A02:01 restricted.
ATU

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08:39 EDT Actuant initiates restructuring program to achieve $12M-$15M of annual savings - "We continued to execute successfully against our strategic plan, as demonstrated by the strong 12% core growth in our IT&S segment despite weather related challenges in the quarter," said CEO Randy Baker. "The investments we have made in our commercial processes are yielding results, and we believe IT&S is well positioned for continued growth. Additionally, the restructuring actions we took in 2018, along with the decision to focus solely on standard product in our Heavy Lifting product offering, have provided improved profitability in the current fiscal year. EC&S had a solid quarter as well, driven by solid execution of their plan, core sales growth in the Americas and strong profit improvement. As we plan for our future as a pure-play industrial tool company, we are focused on delivering world class operating margins aligned with our strategy. To further that objective, we are initiating a restructuring program centered on achieving savings both from the integration of the Enerpac and Hydratight businesses and in our corporate structure by better leveraging and consolidating certain global support functions, facilities and spend. We expect to achieve $12M-$15M of annual savings and anticipate completing these actions within 18-24 months. The one-time total cost of these actions is projected to be $15M-$20M. Additionally, during the quarter, we made significant progress toward optimizing our portfolio of businesses with the announcement of our intent to divest the EC&S segment and closing the sale of Precision-Hayes International and Cortland Fibron. We are confident that focusing on growing our high quality and high margin IT&S business and pursuing this sale is the best way to maximize value for Actuant's shareholders while securing a positive future for EC&S and its talented employees around the world."
ATNX KFY

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08:37 EDT Athenex expands board with one resignation, two additions - Athenex (ATNX) announced the resignation of Sheldon Trainor-De Girolamo as a director of the company. The company also announced the appointment of two new directors: John Vierling, tenured Professor of Medicine and Surgery at the Baylor College of Medicine and Stephanie Davis, senior client partner at Korn Ferry (KFY).
ALBO VRTX

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08:34 EDT Albireo Pharma appoints Pamela Stephenson CCO - Albireo Pharma (ALBO) announced the appointment of Pamela Stephenson as CCO, effective March 25. In the newly created leadership position, Stephenson will be responsible for overseeing the company's commercial strategy and global commercial operations. Stephenson has more than 20 years of biopharma leadership experience across multiple functions and disease areas. Before joining Albireo, Stephenson served as VP, global market access and value, at Vertex (VRTX), where she led the global market access and pricing strategy for current and future products.
OVID CELG

Hot Stocks

08:27 EDT Ovid Therapeutics general counsel Ana Ward to depart, Thomas Perone to succeed - Ovid Therapeutics (OVID) announced the appointment of Thomas Perone, as senior VP general counsel and corporate secretary. Perone is succeeding Ana Ward who will be leaving the company. Perone is joining Ovid with more than 20 years of legal and pharmaceutical experience. He was most recently at Celgene (CELG) where for 12 years he held positions of increasing levels of responsibility most recently, as VP, assistant general counsel and assistant corporate secretary.
CAG

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08:24 EDT Conagra Brands up 8% to $24.72 after Q3 results, FY19 guidance
OPK

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08:22 EDT Opko Health announces results from Phase 2 trial of OPK88003 - Opko Health announced topline results from a Phase 2 dose escalation trial of OPK88003 to treat type 2 diabetes and obesity. OPK88003 is a once-weekly injectable oxyntomodulin compound with glucagon-like-peptide 1, or GLP-1, and glucagon dual agonist activity. Based on data from a previous 420 patient Phase 2 study, an optimized dosing regimen for OPK88003 was evaluated to improve glucose control and increase weight loss. Topline analysis of results of the study demonstrated that OPK88003 met the primary objective with a statistically significant lowering of hemoglobin A1c after 30 weeks of treatment versus placebo as well as an important secondary endpoint, statistically significant weight loss versus placebo. This Phase 2b trial evaluated the effects of a dose escalation regimen of OPK88003 on HbA1c, weight loss and safety over 30 weeks in adult type 2 diabetes patients with inadequate glucose control with metformin and/or diet and exercise. Overall, 113 type 2 diabetes patients were enrolled and randomized into two arms, OPK88003 or placebo, at a ratio of 1.75:1, with a volume matched placebo arm and an OPK88003 treated arm, starting with 20 mg for 4 weeks, then 40 mg for 4 weeks and finally, a target dose of 70 mg for 22 weeks. The data were analyzed for the modified intent to treat patient population using the mixed model repeated measures. The mITT population includes all patients that received at least one dose of drug and had one post baseline evaluation. OPK88003 showed a strong, clinically meaningful reduction in HbA1c at 30 weeks (-1.30% versus placebo, -0.09% mean absolute reduction, pless than0.0001). Additionally, 50% of OPK88003 treated patients achieved HbA1c =6.5% versus 13.8% of placebo treated subjects (p=0.0008). Patients treated with OPK88003 achieved a significant weight loss at 30 weeks (-4.4 kg, compared to placebo -1.8 kg, p=0.01). Approximately 38% of treated patients achieved a 5% or greater body weight loss compared to 13% of placebo treated patients (p=0.008). OPK88003 treated patients showed significant blood triglyceride decreases from baseline. The decrease in triglycerides in the OPK88003 treatment group was -31.2 mg/dL (p=0.005) compared to -11.6 mg/dL for placebo (p=0.44). OPK88003 treatment showed a safety and tolerability profile expected for the GLP-1 receptor agonist class. The most frequent adverse events were nausea, vomiting and diarrhea. These were mostly mild and occurred predominantly during the titration period and resolved over time. No serious adverse events were observed. Based on this trial data, OPKO is planning to further evaluate OPK88003 for a Phase 3 clinical program in type 2 diabetes and obesity and potentially for other promising indications such as NASH.
CAG

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08:20 EDT Conagra Brands up 8% to $24.72 after Q3 results FY19 guidance
GLW

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08:18 EDT Corning unit accelerates flow reactor commercialization - Corning Incorporated announced that its subsidiary, Corning Singapore Holdings Private Limited, signed an investment agreement with the Changzhou government in China to establish a new headquarters for Corning's Advanced-Flow Reactors business in Changzhou Science and Education Town. As part of the agreement, Corning received support to establish a headquarters and build the infrastructure for the business, including a technology development center and a manufacturing operation in the Changzhou region. Concurrently, Corning announced the establishment of Corning Advanced-Flow Reactor Technology Co., Ltd. to manage Corning's global AFR business. Corning expects to complete the reactor manufacturing facility before the end of this year and have the new headquarters fully operational by late 2020.
BEDU

Hot Stocks

08:16 EDT Bright Scholar to acquire equity interest in Start Camp Education - Bright Scholar entered into agreements to acquire 25% equity interest in Start Camp Education.The company targets to close the transaction in May. Established in July 2017, Start Camp provides one-stop solution in camp layout and program design for education department of local governments, education groups, and real estate developers. Start Camp has completed 17 education camp design projects in 11 provinces in China.
EOLS

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08:14 EDT Evolus announces publication of Phase 3 trial results for Jeuveau - Evolus announced the publication of the U.S. Phase 3 pivotal trial results for Jeuveau in Dermatologic Surgery. The article will be printed in the March issue. A total of 654 subjects were enrolled in the two identical Phase III randomized, multi-center, placebo-controlled, single dose, double blind trials. In both trials, Jeuveau met the primary endpoint and demonstrated efficacy compared with placebo in the reduction of the severity of glabellar lines, defined as a 2-point composite improvement agreed upon by the physician and patient, at Day 30. Overall, 67.5% of subjects in study one and 70.4% of subjects in study two met the primary endpoint, compared to 1.2% and 1.3% of patients in each placebo arm, respectively. In terms of the secondary endpoint, Jeuveau also remained statistically superior to placebo, both at four and five months, using the 2- point composite score. There were no serious adverse events assessed as drug- related across these studies. Jeuveau will be launched in the United States in the coming weeks.
SMTC

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08:14 EDT Semtech, Sonova announce jointly developed advanced radio system - Semtech Corporation and Sonova announced a jointly developed advanced radio system. This ultra-small integrated circuit is a main component for a new generation of hearing aids, enabling support for multiple radio protocols in the 2.4GHz band, as well as effective operation on very low power.
NTDOY PEP

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08:12 EDT Nintendo Switch, Frito-Lay partner for packaging of variety packs - Nintendo (NTODY) is teaming up with Frito-Lay (PEP) to add superstar characters from some of its hit Nintendo Switch games to the in-store packaging of various Frito-Lay Variety Packs. Starting on March 25 and running through May 19, the spring promotion will include package art featuring the three characters Mario, Luigi and Yoshi from various Nintendo Switch games like New Super Mario Bros. U Deluxe, Super Mario Party, Mario Kart 8 Deluxe, Mario Tennis Aces and Yoshi's Crafted World. Fans who purchase the specially marked Frito-Lay Variety Packs will also have the chance to win a Nintendo Switch system and three Nintendo Switch games selected by Frito-Lay. Frito-Lay Variety Packs are giving away these Nintendo Switch prize packs every hour between March 25 and May 19.
KLDO

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08:11 EDT Kaleido Biosciences initiates dosing in KB195, KB174 studies - Kaleido Biosciences announced the initiation of dosing in two non-investigational new drug, or non-IND, clinical studies evaluating KB195 in patients with urea cycle disorders, or UCD, and KB174 in patients with cirrhosis. A third non-IND clinical study evaluating various doses of KB174 in healthy subjects is also underway. The gut microbiome plays a significant role in the production and consumption of ammonia, which is central to the pathogenesis of several ammonia processing-related diseases. KB195 and KB174 are novel microbiome metabolic therapy product candidates intended to reduce net ammonia production by modulating the metabolic output and profile of the microbiome.
EQT

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08:09 EDT Rice team announces nine director nominations for EQT board - Toby Rice and Derek Rice, shareholders of EQT Corporation, announced they have nominated a slate of nine candidates for election to the EQT Board of Directors at EQT's Annual Meeting on July 10, 2019. The shareholders said, "The Rice team slate consists of nine independent nominees with diverse skills and backgrounds. Four members of the slate, including current EQT director Daniel J. Rice IV, provided oversight and guidance in key board positions at Rice Energy as it achieved the cultural and digital transformation that led to 95% relative stock price outperformance compared to its Appalachia E&P peers from its 2014 IPO through its acquisition by EQT in 2017. The Rice team also noted that EQT is attempting to create an uneven playing field by taking the highly unusual step of requiring, as a condition to the submission of nominations, that the Rice team's nominees consent to being named in EQT's proxy materials. The Rice team believes that EQT should either follow the common practice that the Rice nominees need only consent to being named in the Rice team's proxy materials or that EQT's slate of directors provide the same consent to appear on the Rice team proxy card so as to create a 'universal proxy card.' The Rice team believes that each side agreeing to the use of a universal proxy card would reflect best-in-class corporate governance, as the most qualified directors would be elected, regardless of which proxy card a shareholder voted on. In the Rice team's view, EQT's actions, like its decision to hold its annual meeting in July rather than in April as it has for decades, are attempts to manipulate the corporate machinery to gain a tactical advantage instead of giving shareholders the opportunity to promptly and fairly have their voices heard. The Rice team slate is as follows: Lydia I. Beebe, 66, currently serves as Principal of LIBB Advisors LLC, a corporate governance consulting firm...Lee M. Canaan, 62, is the Founder and Portfolio Manager of private investment management firm Braeburn Capital Partners...Jay C. Graham, 48, currently serves as the Chairman and CEO of Spur Energy Partners...Dr. Kathryn J. Jackson, 61, has served as the Director of Energy and Technology Consulting for KeySource, Inc., a solutions-oriented company that provides strategic business consulting, since October 2015...D. Mark Leland, 57, has served on the Board of Directors of Altus Midstream Company since November 2018, and on the Board of Directors of PotlatchDeltic Corporation since February 2018...John McCartney, 66, has served on the Board of Directors of Huron Consulting Group since October 2004, and as the Board's non-executive chairman since May 2010...Daniel J. Rice IV, 38, has served as a Partner at Rice Investment Group since May 2018...Toby Z. Rice, 37, has served as a Partner at Rice Investment Group, a multi-strategy fund investing in all verticals of the oil and gas sector, since May 2018...Hallie A. Vanderhider, 61, has served as Managing Director of SFC Management LP since January 2016...The Rice team intends to make additional information available to shareholders, including a preliminary proxy statement, in the near future."
CTEK

Hot Stocks

08:08 EDT CynergisTek sells MPS business to Vereco - Vereco announced an asset acquisition of CynergisTek's managed print services, or MPS, business. Post-acquisition, Vereco will have 230 employees operating in 49 states. The combined organization's clients include more than 350 acute care facilities, 280 behavioral health facilities and thousands of clinics and independent physician practices.
SUNW

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08:06 EDT Sunworks receives listing extension from Nasdaq - Sunworks announced that it has received a listing extension from the Nasdaq hearings panel. The extension grants the company until September 16 to regain compliance with the minimum bid price requirement for continued listing on Nasdaq.
SOLY

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08:06 EDT Soliton files 510(k) with FDA for its tattoo removal device - Soliton has filed for 510(k) premarket clearance with the FDA for its first generation Rapid Acoustic Pulse tattoo removal device. The device is indicated as an accessory to the 1064 nm Q-Switched laser for black ink tattoo removal on the arms, legs and torso in Fitzpatrick Skin Type I-III individuals. A clinical trial has demonstrated that using Soliton's Rapid Acoustic Pulse device in conjunction with a Q-switched laser has the potential to produce similar results to standard of care for tattoo removal in 2 to 3 office visits.
MOGO

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08:04 EDT Mogo Finance passes 800,000 member milestone - Mogo Finance announced it has surpassed the 800,000 member milestone as it continues to establish itself as the go-to digital finance app for the next generation of Canadians. This milestone comes after the company announced that it added 210,000 new accounts in 2018 and, at year end, its member base stood at 756,000, a 39% increase over the prior year.
F

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08:04 EDT Ford names Stuart Rowley president, Ford of Europe
F

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08:03 EDT Ford names Mark Ovenden as president, International Markets Group
CGC

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08:03 EDT Canopy Growth acquires AgriNextUSA, terms not disclosed - Canopy Growth is pleased to announce it has acquired AgriNextUSA, a hemp enterprise led by CEO Geoff Whaling, that has been at the forefront of hemp advocacy and building a vibrant hemp sector in the USA. The acquisition will accelerate Canopy Growth's entry into key American jurisdictions as regulations surrounding the full use of hemp as a crop begin to be implemented, thanks in part to the recently enacted 2018 U.S. Farm Bill. Though this cash purchase is not material to the company's current cash position, the acquisition will hasten Canopy Growth's arrival in key markets in the United States.
F...

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08:03 EDT Ford says Tim Stone to succeed Bob Shanks as CFO at end of 2019 - Ford (F) announced that CFO Bob Shanks plans to retire from the company at the end of 2019. He will be succeeded by Tim Stone, a finance executive who served 20 years at Amazon (AMZN), and as CFO of Snap Inc (SNAP). Stone will join Ford on April 15 as a company officer and assume the role of CFO on June 1. He will report to Ford President and CEO Jim Hackett. Shanks will work closely with Stone on the CFO transition and then work on special projects through the end of the year. Also, the company announced that Peter Fleet, president of International Markets Group, has announced his intention to retire. Effective April 1, Mark Ovenden, currently president Ford Middle East & Africa, is named president, International Markets Group and will lead its formation. Ford also announced that Stuart Rowley, currently COO for Ford North America, is appointed to the role of president, Ford of Europe. Rowley succeeds Steven Armstrong who is being named chairman, Ford of Europe.
DRRX

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08:03 EDT Durect doses first patients in Phase 2a trial of plaque psoriasis candidate - Durect has commenced patient dosing in a Phase 2a proof-of-concept trial with topical DUR-928 in patients with mild to moderate plaque psoriasis. DUR-928, the lead investigational product in the company's Epigenetic Regulator Program, may have broad applicability in chronic hepatic diseases such as nonalcoholic steatohepatitis, acute organ injuries such as alcoholic hepatitis and acute kidney injury, and in inflammatory skin disorders such as psoriasis and atopic dermatitis. Twenty patients are planned to be enrolled to obtain approximately 15 evaluable patients. The primary efficacy endpoint will be change in local psoriasis scores from baseline in the DUR-928-treated plaques compared to that in the vehicle-treated plaques. Durect expects to announce top line data from this study in the second half of 2019.
VSM ENTG

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08:03 EDT Versum announces filing of definitive proxy statement on pending Entegris merger - Versum Materials (VSM) announced the filing of its definitive proxy materials with the U.S. Securities and Exchange Commission in connection with the Company's pending merger with Entegris (ENTG). Versum Materials also announced the commencement of mailing on or about March 22, 2019 of the definitive proxy materials, including a WHITE proxy card, relating to the Special Meeting of Versum Materials stockholders to be held on April 26, 2019 to consider the merger. Stockholders of record as of the close of business on April 2, 2019 will be entitled to vote at the Special Meeting. Versum Materials and Entegris previously announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, in connection with the previously-announced merger of equals between the two companies. With respect to Germany, antitrust clearance was received on March 19, 2019. The transaction remains subject to other closing conditions in the Agreement and Plan of Merger, dated as of January 27, 2019, by and among Versum Materials, Inc. and Entegris, Inc.
F

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08:01 EDT Ford says Tim Stone to succeed Bob Shanks as CFO
NVCN EW

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07:54 EDT Neovasc wins court appeal in European patent case vs. Edwards Lifesciences - Neovasc (NVCN) announced that the Higher Regional Court in Munich, Germany, on appeal by Neovasc, has dismissed the case in full, brought by Edwards Lifesciences (EW) CardiAQ against Neovasc in Germany. In this case, CardiAQ had originally claimed full ownership rights to one of Neovasc's European patent applications for its Tiara. In June, 2017, the first-instance court in Munich had awarded co-ownership rights to CardiAQ. Both parties had appealed this decision. CardiAQ withdrew its appeal for full ownership during the course of the appeal. In dismissing the remainder of CardiAQ's case, the German court now found that CardiAQ had not contributed to the invention of the Tiara and found Neovasc to be the rightful inventor and owner of all rights to the disputed Tiara European patent application.
CAG

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07:49 EDT Conagra Brands narrows FY19 Pinnacle net sales view to $1.71B-$1.73B - Prior view was $1.7B-$1.75B. Sees FY19 Pinnacle adjusted operating margin near high end of 14.6%-14.9% range.
JEC

Hot Stocks

07:46 EDT Jacobs Engineering awarded contract extension at NASA Ames Research Center - Jacobs was awarded an extension to the Aerospace Testing and Facility Operation and Maintenance IV contract at NASA's Ames Research Center in Mountain View, California. The contract extension is a one-year option, and NASA estimates this brings the total value of the contract to $178M and extends the period of performance through February 2020. Under this contract extension, Jacobs will continue providing aerospace testing and facility operations and services in support of NASA Ames Research Center's arc jets, wind tunnels, hypersonic facilities and ballistics complexes.
PRIM

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07:39 EDT Primoris awarded $12M contract from industrial gases company - Primoris announced a new industrial award valued at approximately $12M with an industrial gases company. The contract was secured by Primoris Industrial Constructors. The award is for the second phase of process mechanical construction on a new industrial gas plant in Louisiana. The work consists primarily of installation of processing piping, structural steel erection and equipment setting. In 2018, Primoris was awarded the civil scope of work and the first phase of the process mechanical scope of work. Work is scheduled to commence in Q1 and completion is expected in Q3.
CAG

Hot Stocks

07:38 EDT Conagra Brands CEO: Integration of Pinnacle Foods 'remains squarely on-track' - Sean Connolly, president and CEO of Conagra Brands, commented, "Our Legacy Conagra business generated solid growth during the third quarter and delivered strong performance in our domestic retail segments. We saw continued improvement in consumption trends and base sales velocity, and organic net sales grew nearly two percent during the quarter. Our brand building and innovation actions over the past several years have resulted in strong growth in our frozen and snacks portfolios, and we remain focused on applying this disciplined approach across our portfolio." He added, "The integration of Pinnacle Foods, and the reinvigoration of its innovation pipeline, remain squarely on-track. We are aggressively applying our proven 'Conagra Way' to address the executional challenges in the Birds Eye, Duncan Hines and Wish-Bone businesses. While it will take some time to return these Pinnacle businesses to growth, we are confident that we have identified the issues and have the right action plans in place to improve the performance of these terrific brands. We have tremendous confidence in the long-term value creation potential of Conagra Brands and look forward to providing a comprehensive update at our upcoming Investor Day on April 10."
MNRO

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07:37 EDT Monro to acquire Certified Tire & Service Centers - Monro announced that it has signed a definitive agreement to acquire California-based Certified Tire & Service Centers. The acquisition includes Certified Tire's 40 retail stores located in San Francisco, San Diego and Los Angeles, California and one distribution center located in Riverside, California. The acquisition represents entry into a new state for Monro and expands the company's geographic footprint to the West Coast. Monro will continue to operate all of Certified Tire's locations. The transaction is expected to close in Q1 2020, and add approximately $45M in annualized sales, representing a sales mix of 70% service and 30% tires. On a combined basis, acquisitions completed and announced to date in FY19 represent an expected total of $132M in annualized sales.
BIIB

Hot Stocks

07:37 EDT Biogen plunges 25% after discontinuing two Alzheimer's trials - After resuming trading, shares of Biogen are down $81.59, or 25.5%, to $239.00 in pre-market trading.
TFX

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07:37 EDT Teleflex announces presentations highlighting the UroLift System - Teleflex announced that multiple studies were presented at the 2019 European Association of Urology meeting, highlighting the effectiveness of the UroLift System, a minimally invasive treatment, usually performed in-office that provides rapid relief and recovery from the symptoms of benign prostatic hyperplasia, A presentation entitled Pulling The Foley: Can the Prostatic Urethral Lift be used in men with catheter-dependent urinary retention? was presented by Thomas Mueller, M.D., urologist of New Jersey Urology. The study highlighted real-world retrospective data from a study of 30 men with urinary retention treated with the UroLift System. Since a significant number of men with BPH also have urinary retention that requires a catheter, Dr. Mueller's objective for the study was to determine whether the UroLift System would be an effective treatment for this patient population. Men with active urinary retention have been previously excluded from PUL studies. "Our study confirmed that the UroLift System is an effective treatment in a very complex cohort, with 83% of men with urinary retention catheter-free in less than three days," said Dr. Mueller. "We also found significant improvement in prostatic symptom score, quality of life and post-void residuals, further demonstrating the effectiveness of the UroLift System treatment for men with BPH." The UroLift System was highlighted in three additional presentations at the EAU meeting.
WPM HBM

Hot Stocks

07:34 EDT Hudbay Minerals receives approved Mine Plan of Operations for Rosemont Project - Wheaton Precious Metals (WPM) announced that Hudbay Minerals (HBM) has received the approved Mine Plan of Operations for the Rosemont project from the U.S. Forest Service. The approval of the MPO follows the receipt of a Section 404 Water Permit from the U.S. Army Corps of Engineers for Rosemont on March 8. The issuance of the MPO is the final administrative step in the permitting process. The Rosemont project is a copper-molybdenum-silver porphyry deposit located in Pima County, Arizona. Hudbay acquired the project in July 2014 through the acquisition of Augusta Resources. Rosemont is expected to produce approximately 127,000 tons of copper annually at a cash cost of $1.14 per pound over the first 10 years of operations. Wheaton's wholly owned subsidiary Wheaton Precious Metals International has a precious metals purchase agreement with Hudbay on the Rosemont project, which in exchange for an upfront payment of $230M paid in two instalments, entitles Wheaton International to 100% of payable silver and gold produced from Rosemont at a cash price of $450 per ounce of gold and $3.90 per ounce of silver, subject to an annual adjustment for inflation.
CAG

Hot Stocks

07:33 EDT Conagra Brands sees FY19 adjusted gross margin below prior 29.3%-29.6% range - Sees FY19 adjusted operating margin above prior 14.9%-15.2% range. Sees FY19 synergies above prior $20M range.
SEE

Hot Stocks

07:33 EDT Sealed Air, Kuraray to invest in new production capacity for Plantic packaging - Sealed Air Corporation is investing in capacity at its Simpsonville, S.C. facility to produce plant-based food packaging. This facility will be the first in North America to produce materials made from Plantic plant-based resin and post-consumer plastic. Simpsonville is one of the world's largest packaging plants with over 1,000 employees and 1.4 million square feet of operations. Packaging materials and systems for food and consumer products are currently manufactured at this location. In June 2018, Sealed Air and Kuraray America entered into an agreement to offer Plantic materials to package perishable foods such as poultry, beef and seafood in the U.S., Canada and Mexico. Sealed Air's planned capital investment of $24M is underway and production is scheduled to begin in the second quarter of 2020. To support this work, Kuraray is investing approximately $15M to install plant-based high barrier resin production and supporting capabilities in Houston, Texas. Kuraray's resin plant is scheduled to be completed at the end of September 2019 and will begin operating in early 2020.
BIIB

Hot Stocks

07:30 EDT Biogen trading resumes
SMGZY

Hot Stocks

07:29 EDT Smiths Group achieves ECAC Standard 3.1 approval for CTX 9800 DSi scanner - Smiths Detection has achieved ECAC Standard 3.1 approval for its CTX 9800 DSi 0.5 m/s hold baggage explosives detection system. This is the second Smiths Detection scanner to achieve 3.1 approval - the highest defined hold baggage screening standard in the EU.
MUR

Hot Stocks

07:28 EDT Murphy Oil sees $1.2B in FCF before dividend payments between 2019-2023 - The company said, "The company is well-positioned for long-term value creation. Following the Malaysia divestiture, $500M share repurchase authorization and $750M debt reduction, the company believes it can generate over $1.2B of free cash flow, before dividend payments between 2019 to 2023, when applying a $55 per barrel WTI flat price. Over the same time frame, it plans to generate approximately an 8% compound annual growth rate from its three core producing assets in U.S. onshore, Canada onshore, and North America offshore."
MUR

Hot Stocks

07:26 EDT Murphy Oil says 46-48 Mboepd attributable to Malaysia in 2019 guidance - The company said, "The new 2019 annual plan reflects the company's ongoing commitment to the goal of aligning spending within cash flows, while simultaneously returning cash to shareholders. The company's previously announced annual production guidance was 202 to 210 Mboepd, of which 46 to 48 Mboepd was attributable to Malaysia. Murphy's previously announced capital plan for 2019 was expected to be in the range of $1.25B to $1.45B, of which $106M was attributable to Malaysia. Beginning with the first quarter 2019 earnings release, the Malaysian operations will be reported as a "discontinued operation" and classified as "held for sale" for financial reporting purposes."
MUR

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07:24 EDT Murphy Oil board authorizes $500M share repurchase program - Murphy intends to allocate the proceeds from the transaction to advance its strategic priorities. This includes returning cash to shareholders through share repurchases and strengthening the company's balance sheet by reducing debt. Murphy's Board of Directors has approved a new $500M share repurchase program, expiring on December 31, 2020, of which approximately $300M is planned to be executed in the first tranche, with the remaining $200M expected in the second tranche. In addition, the company intends to use a portion of the proceeds to pay down approximately $750M of outstanding debt, with $325M allocated to pay off Murphy's senior credit facility to a zero balance and $425M targeted to the repurchase or redemption of outstanding senior notes. The company plans to continue its current oil-weighted strategy in both the Eagle Ford Shale and the Gulf of Mexico, while maintaining its focused exploration plan. To this end, $750M of the remaining proceeds will remain on the balance sheet earmarked for U.S. oil-weighted opportunities through potential acquisitions and/or the funding of both deep water projects and U.S. onshore opportunities. The company will continue to employ a measured, disciplined approach to capital allocation that is aimed at generating the greatest value for Murphy's shareholders. Murphy expects to record a book gain on the sale between $0.9B to $1B, and plans to repatriate essentially all of the cash proceeds to the United States.
MUR

Hot Stocks

07:22 EDT Murphy Oil to sell Malaysian portfolio in $2.12B all-cash transaction - Murphy Oil Corporation announced that a subsidiary has signed a sale and purchase agreement to divest the fully issued share capital of its two primary Malaysian subsidiaries, Murphy Sabah Oil Co. and Murphy Sarawak Oil Co. to a subsidiary of PTT Exploration and Production Public Company. PTTEP will pay Murphy $2.127B in an all-cash transaction, payable upon closing and subject to customary closing adjustments, plus up to a $100M bonus payment contingent upon certain future exploratory drilling results prior to October 2020. The transaction has an effective economic valuation date of January 1, 2019, with the closing expected to occur by the end of the second quarter 2019. Closing of the transaction is subject to customary conditions precedent including, among other things, necessary regulatory approvals. Under the terms of the transaction, Murphy will exit the country of Malaysia. The year-end 2018 proved reserves net to Murphy were 816 million barrels of oil equivalent of which 16 percent or 129 Mmboe were attributable to Malaysia. Of the 129 Mmboe of proved reserves, 70 Mmboe are characterized as proved undeveloped. The proved reserves are comprised of 468 billion cubic feet of natural gas and 51 million barrels of liquids. Total production net to Murphy in 2018 for the properties to be divested was over 48,000 barrel of oil equivalent per day, comprised of 62 percent liquids.
MUR

Hot Stocks

07:20 EDT Murphy Oil to sell Malaysian portfolio in $2.12B all-cash transaction
GRMN

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07:13 EDT Garmin unveils the Approach S40 GPS smartwarch for golfers - Garmin International announced the Approach S40, a GPS smartwatch specifically designed for golfers to use on the course. The lightweight watch features a 1.2-inch color touchscreen display that is sunlight-readable for everyday use and a metal bezel to bolster its design. Additionally, the smartwatch is fitted with adjustable, quick release bands-available in different colors. The Approach S40 integrates AutoShot Game Tracking to measure and auto-record a golfer's detected shot distance for a more focused gaming experience, and thanks to its GPS receiver, this smartwatch locks in on a golfer's location and displays precise yardages to the front, middle and back of the green, hazards, doglegs and more. Golfers will also have access to over 41,000 preloaded courses from around the world. The Approach S40 is available now with a suggested retail price of $299.99, and the Approach S40 Bundle is $349.99.
MAXR ARMK

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07:12 EDT Maxar Technologies appoints James Lee as General Counsel - Maxar Technologies (MAXR) appointed James Lee as General Counsel, effective April 1. Lee spent the past 15 years at Aramark (ARMK), most recently serving as Senior Vice President & Deputy General Counsel, responsible for the legal functions of Aramark Uniform Services.
GLOG...

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07:11 EDT GasLog announces eight-year charter with Endesa for Warsaw vessel - GasLog (GLOG) announced the signing of a new long-term charter party agreement with a wholly owned subsidiary of Endesa for its existing uncommitted newbuild vessel, the GasLog Warsaw. GasLog is scheduled to take delivery of the 180,000 cubic meter Mark III Flex Plus vessel with low pressure two stroke propulsion from Samsung (SSNLF) Heavy Industries in July. The eight year fixed-term charter to Endesa will commence in May 2021. The GasLog Warsaw is scheduled to deliver to Endesa in May 2021 for a fixed eight-year term, with two optional periods of six years each. The rate of hire for the charter is in line with mid-cycle rates. GasLog expects that the combination of the vessel's near-term earnings in the spot market and the earnings from the Endesa time charter will deliver attractive returns for its shareholders. Following the commencement of the eight-year charter to Endesa, GasLog Partners (GLOP) will have the right to acquire the GasLog Warsaw pursuant to the omnibus agreement between GasLog and GasLog Partners. As a result, GasLog Partners' potential dropdown pipeline will increase to 12 LNG carriers with charter length of five years or longer.
BVXV

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07:10 EDT BiondVax provides update on Phase 2 trial of influenza vaccine candidate - BiondVax reported that all participants have completed their final visit in a Phase 2 clinical trial conducted by several Vaccine Treatment and Evaluation Units sponsored by the National Institute of Allergy and Infectious Diseases or NIAID, part of the Department of Health & Human Services' National Institutes of Health. 120 participants aged 18 to 49 years were enrolled and randomly assigned to receive either two doses of M-001 or two doses of a placebo, with the doses spaced three weeks apart. Later, near the beginning of the 2018/19 flu season, all participants were immunized with a currently marketed quadrivalent seasonal influenza vaccine. Safety and immunogenicity will be assessed and compared between the groups receiving M-001 and placebo. Results are anticipated by the end of 2019. In parallel, BiondVax's pivotal, clinical efficacy, Phase 3 trial in Europe, which recruited 4,094 participants prior to the 2018/19 flu season, is proceeding towards its second season of 2019/20. The placebo-controlled trial will assess safety and effectiveness of M-001 alone in reducing flu illness and severity in adults aged 50 years and older. Results are expected by the end of 2020.
BIIB ESALY

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07:08 EDT Biogen to resume trading at 7:30 am ET - Biogen (BIIB) shares are scheduled to resume trading at 7:30 am ET, with quotation scheduled to resume at 7:25 am ET, according to Nasdaq. The stock had been halted before the company and partner Eisai (ESALY) announced the decision to discontinue the global Phase 3 trials, ENGAGE and EMERGE, designed to evaluate the efficacy and safety of aducanumab in patients with mild cognitive impairment due to Alzheimer's disease and mild Alzheimer's disease dementia.
DRI

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07:07 EDT Darden sees FY19 effective tax rate approximately 10% - Prior view was 10%-11%.
MDR

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07:07 EDT McDermott awarded offshore EPCI contract in the Middle East - McDermott was awarded a substantial contract award from a Middle East customer for engineering, procurement, construction and installation services in the Arabian Gulf. The contract for new facilities includes the full suite of EPCI services for six new offshore jackets as well as three associated topsides. The project scope also includes 4.9 miles of 28-inch corrosion resistant alloy cladded pipeline, two inter-platform bridges, 4.9 miles of composite cables as well as brownfield works at the existing offshore facilities. The duration of the work is expected to be approximately 34 months and the contract award will be reflected in McDermott's Q1 backlog.
DRI

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07:06 EDT Darden reports Q3 blended same-restaurant sales up 2.8% - Q3 same-restaurant sales by brand: +4.3% for Olive Garden; -2.7% for Cheddar's Scratch Kitchen; +3.8% for LongHorn Steakhouse; -2.1% for Yard House; +4.3% for The Capital Grille; -1.3% for Seasons 52; +3.7% for Eddie V's; -3.7% for Bahama Breeze.
BIIB ESALY

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07:05 EDT Biogen, Eisai discontinue ENGAGE and EMERGE Phase 3 trials - Biogen (BIIB) and Eisai (ESALY) announced the decision to discontinue the global Phase 3 trials, ENGAGE and EMERGE, designed to evaluate the efficacy and safety of aducanumab in patients with mild cognitive impairment due to Alzheimer's disease and mild Alzheimer's disease dementia. The decision to stop the trials is based on results of a futility analysis conducted by an independent data monitoring committee, which indicated the trials were unlikely to meet their primary endpoint upon completion. The recommendation to stop the studies was not based on safety concerns. Detailed data from the ENGAGE and EMERGE studies will be presented at future medical meetings to inform ongoing research. ENGAGE and EMERGE are global Phase 3 multicenter, randomized, double-blind, placebo-controlled, parallel-group studies designed to evaluate the efficacy and safety of aducanumab. The primary objective of the study was to evaluate the efficacy of monthly doses of aducanumab as compared with placebo in slowing cognitive and functional impairment as measured by changes in the Clinical Dementia Rating-Sum of Boxes score. Secondary objectives were to assess the effect of monthly doses of aducanumab as compared to placebo on clinical progression as measured by Mini-Mental State Examination, AD Assessment Scale-Cognitive Subscale and AD Cooperative Study-Activities of Daily Living Inventory. As part of this decision, the EVOLVE Phase 2 safety study and the long-term extension of the PRIME Phase1b study of aducanumab will also be discontinued. Initiation of the aducanumab Phase 3 secondary prevention trial will be assessed while the data from ENGAGE and EMERGE are further evaluated.
BIIB ESALY

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07:02 EDT Biogen, Eisai to discontinue Phase 3 ENGAGE and EMERGE Alzheimer's trials
DRI

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07:01 EDT Darden reports Q3 blended same-restaurant sales up 2.8%
DRI

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07:00 EDT Darden raises FY19 outlook
BIIB

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06:58 EDT Biogen trading halted, news pending
IGT

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06:50 EDT International Game signs three-year contract extension with Kansas Lottery - International Game subsidiary IGT Global Solutions has entered into a three-year extension agreement with the Kansas Lottery to continue providing IGT's Intelligen central computer system and services to monitor electronic gaming machines throughout the state. This extension, part of the original central system services agreement awarded to IGT in 2008, is expected to begin on December 15, 2019 and run through December 14, 2022.
CMC

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06:47 EDT Commercial Metals says confident in strong results for the balance of the year - "Performance from our acquired assets have exceeded our initial transaction rationale business case. Looking ahead, we are optimistic that the upcoming construction season will be strong both in the U.S. and Poland," said CEO Smith. "The combination of a good mill margin environment, ongoing progress on executing cost reduction opportunities afforded by the acquisition, and completing some of the lower margin rebar fabrication backlog, gives us confidence that we will deliver strong results for the balance of the fiscal year."
FDC

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06:47 EDT First Data Acquires German digital merchant services provider ayCash - First Data has acquired ayCash, a German-based provider of cashless payment terminals and digital merchant services. Founded in 2008 by Hans Hezel, ayCash operates digital properties YesCash and Cash4Less, and offers technical solutions for Girocard and credit card acceptance to DACH-based merchants. Its services include the ability for businesses to buy or rent high-speed card acceptance terminals as well as support for dispatch, installation and maintenance.
GSV

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06:43 EDT Gold Standard Ventures begins drilling at the Lewis Project in Nevada - Gold Standard Ventures announced the start of a drill program at its 100%-owned Lewis Project in the Battle Mountain Mining District, Lander County, Nevada. The program includes approximately 1,555m of drilling in four drill holes to test new targets in the Buena Vista-Meagher Corridor and the virgin deposit footwall and commencing work on an initial resource estimate in accordance with NI 43-101 for the virgin deposit. The Lewis Project was acquired by Gold Standard as part of its purchase of Battle Mountain Gold. The mineral property has several known mineralized zones and potential for new gold and silver discoveries, while sharing a common boundary with Phoenix open pit mine, one of the most prolific gold-copper-silver producers on the Battle Mountain-Eureka Trend. Two drill holes will target favorable antler sequence host rocks along the north-northwest striking Buena Vista-Meagher corridor, a strong gravity gradient coming out of the Phoenix open pit mine. This is a new target not previously tested by other operators. Two holes will test for eastern, shallow oxide extensions to the virgin deposit approximately 700m north of the Phoenix open pit mine. The holes are designed to test antler sequence host rocks where northwest-striking faults intersect the virgin fault corridor. An initial NI 43-101 compliant resource estimate will be completed for the virgin deposit. The virgin gold-silver deposit consists of higher-grade, gold-silver bearing structures surrounded by disseminated mineralization within a zone measuring approximately 600m long, 120m wide and 180m deep. The virgin fault is a control for mineralization within the Phoenix mine and both structural control and mineralization continue northward along it onto Gold Standard's project.
NVCR

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06:38 EDT Novocure's Chief Science Officer Eilon Kirson retiring - Novocure's Chief Science Officer and Head of Research and Development, Eilon Kirson, is retiring effective May 1. Kirson will step away from the healthcare industry and frequent international travel to spend more time with his family. The leadership transition presents an opportunity for Novocure to separate responsibility for medical and scientific affairs. Effective immediately, Uri Weinberg, Novocure's Vice President of Clinical Development, will assume responsibilities for preclinical and clinical development and regulatory affairs. Effective April 1, Ely Benaim will join Novocure as Chief Medical Officer and will assume responsibilities for clinical operations, medical affairs and medical safety.
AERI

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06:37 EDT Aerie Pharmaceuticals initiates dosing for netarsudil ophthalmic solution study - Aerie Pharmaceuticals announced the commencement of patient dosing in its Phase 2 clinical trial designed in accordance with the requirements of Japan's Pharmaceuticals and Medical Devices Agency, or PMDA, to support potential regulatory submission of netarsudil ophthalmic solution in Japan. Netarsudil ophthalmic solution 0.02% is known by the name Rhopressa in the United States and is approved for the reduction of elevated intraocular pressure, or IOP, in patients with open-angle glaucoma or ocular hypertension. This Phase 2 trial is being conducted in Japan as a precursor to Phase 3 registration trials in that country. The prospective, double-masked, multi-center, placebo-controlled, parallel group study is designed to evaluate the IOP-reducing effect and safety of three concentrations of netarsudil ophthalmic solution over a 28-day period. Entry criteria include unmedicated baseline IOP ranges of 15 mmHg, or millimeters of mercury, to less than 35 mmHg for patients with open-angle glaucoma, and 22 mmHg to less than 35 mmHg for patients with ocular hypertension. A total of approximately 208 patients will be randomized equally across four treatment arms: netarsudil ophthalmic solution 0.01%, netarsudil ophthalmic solution 0.02%, netarsudil ophthalmic solution 0.04% and placebo, all administered once daily in the evening. As agreed with the PMDA, the design of this trial is consistent with that of a recent Phase 2 pilot study conducted in a Japanese-American population in the United States, with the addition of the netarsudil ophthalmic solution 0.01% treatment arm to confirm the concentration of netarsudil most suitable for this population. Studies of glaucoma in Japan suggest that patients have baseline IOP that is generally lower than those experienced by patients in the United States and Europe, hence the IOP range in the netarsudil Japanese Phase 2 trials begins lower, at 15 mmHg.
TFX

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06:36 EDT Teleflex's UroLift System featured at Urology Association meeting presentations - Teleflex announced multiple studies presented at the 2019 European Association of Urology meeting in Barcelona, "highlighting the effectiveness" of the UroLift System, a minimally invasive treatment, usually performed in-office, for benign prostatic hyperplasia or enlarged prostate. A presentation highlighted real-world retrospective data from a study of 30 men with urinary retention treated with the UroLift System to determine whether the UroLift System would be an effective treatment. 83% of men with urinary retention catheter-free in less than three days. The UroLift System was highlighted in three additional presentations at the EAU meeting.
LKSD

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06:36 EDT LSC Communications expands supply chain agreement with Open Up Resources - LSC Communications announced an expanded multi-year agreement with Open Up Resources. Open Up Resources is an education nonprofit that provides K-12 curricula for free so that all students, regardless of district resources, have access to a high-quality education. As part of the agreement, LSC will exclusively provide supply chain services ranging from web offset and digital print to warehousing and fulfillment for Open Up Resources' curriculum materials
ECA

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06:33 EDT Encana CFO Sherri Brillon to retire, Corey Code to succeed - Encana announced the appointment of Corey Code as Executive Vice-President & CFO, effective May 1. Sherri Brillon, who has served as Encana's CFO since 2009, will be retiring at the end of May. Code joined Encana in 1999 and has served in numerous positions of increasing responsibility within the organization. He most recently served as Vice-President, Investor Relations and Strategy, and in other leadership positions as Treasurer and Vice-President, Portfolio Management.
ARES

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06:32 EDT Ares Management acquires CoolSys from Audax Private Equity - Ares Management announced that a fund managed by its Private Equity Group has acquired CoolSys from Audax Private Equity. Terms of the transaction were not disclosed. Based in Brea, California, CoolSys provides refrigeration and HVAC services and solutions to customers in the retail, food service, commercial and industrial market segments. CoolSys and its operating businesses cover every stage of systems through engineering and design, installation, service and maintenance, and energy optimization. Since its founding in 2001, CoolSys has grown to employ more than 2,000 individuals who serve more than 4,000 customers across North America.
SQ

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06:06 EDT Square CEO announces Square Crypto, looking to hire engineers - Payments startup Square plans to hire a number of engineers and a designer to work on its crypto initiatives, according to tweets from CEO Jack Dorsey. Dorsey said via Twitter, which he also runs, "#BitcoinTwitter and #CryptoTwitter! Square is hiring 3-4 crypto engineers and 1 designer to work full-time on open source contributions to the bitcoin/crypto ecosystem. Work from anywhere, report directly to me, and we can even pay you in bitcoin! Introducing @SqCrypto... This will be Square's first open source initiative independent of our business objectives. These folks will focus entirely on what's best for the crypto community and individual economic empowerment, not on Square's commercial interests. All resulting work will be open and free." Reference Link
NLSN

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06:05 EDT Nielsen announces long-term agreement with Univision - Nielsen announced that it has reached a long-term agreement for national and local TV ratings measurement with Univision. With this new multi-year agreement, all Univision's properties including Univision Network, UniMas Network, Univision Deportes, Galavision Network, El Rey and 36 Univision and UniMas Local TV stations across 19 local markets and Puerto Rico will have continued access to Nielsen's broad suite of measurement and analytics services. Univision will join as subscribers to Nielsen SVOD content ratings, local Nielsen media impact, or Local NMI, and Nielsen national out-of-home, or OOH, reporting service. With Nielsen SVOD Content Ratings, Univision will now have insights into how its content compares to other programs including original programming from SVOD services. Local NMI offers Univision local TV stations a solution to help provide local media planning and cross-channel optimization. With the addition of these services, Univision will be able to provide advertisers with a view of where its audience is viewing its content and how to best engage with those viewers across its various programs and ad loads. Additionally, Univision will now begin to use Nielsen's OOH measurement service to capture and understand the viewing habits of Hispanic consumers away from the home. The agreement provides Univision with ratings and data for programs and commercials content that aired across their properties for live plus seven days of time-shifted viewing.
CVIA

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06:05 EDT Covia sees Q2 industrial volumes of 3.8M tons - Relatively flat to the second quarter of 2018 on a pro forma basis. Sees Q2 energy volumes of 5M-5.3M tons.
CVIA

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06:04 EDT Covia sees Q1 industrial volumes of 3.5M tons - Relatively flat to first quarter of 2018 on a pro forma basis. Sees Q1 energy volumes of 4.4M tons, relatively flat sequentially.
CX

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06:03 EDT Cemex provides update on divestment process - Cemex's divestment initiative and enhancement plan has closed or reached binding agreements for sales of approximately $750M, which represents 50% of the low end of the December 2020 divestment target range. Cemex's plan includes a $1.5B-$2B asset disposal target by the end of 2020. Since July 2018, Cemex has divested assets in the Baltics and Nordics, the terminal in Manaus, Brazil, aggregates and ready-mix assets in Germany, the white cement business, including the Bunol cement plant in Spain, among other assets. For transactions that have closed, the proceeds were used for general corporate purposes, including debt reduction; and for those transactions that have not closed, the proceeds expected to be obtained from these divestments would be mainly used for debt reduction and general corporate purposes.
CVIA

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06:03 EDT Covia sees FY19 CapEx $80M-$100M, down from prior view of $90M-$110M
EIX

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06:01 EDT Southern California Edison responds to report on 2017 Koenigstein Fire - Southern California Edison issued the following response to the report by the Ventura County Fire Department and CAL FIRE on the causes of the Koenigstein Fire: "We keep in our thoughts all those who have been affected by wildfires. The devastating loss of lives, homes and businesses is tragic, and SCE will continue to provide assistance and support to those affected by wildfires. The safety of our customers, our employees and our communities remains our most important focus. SCE believes evidence shows there were at least two separate ignitions on Dec. 4, 2017, that led to two fires that together have been commonly referred to as the Thomas Fire - one in the Anlauf Canyon area of Ventura County and another near Koenigstein Road in the city of Santa Paula. VCFD and CAL FIRE refer to the Anlauf Canyon ignition as the 'Thomas Fire' and Koenigstein Road ignition as the 'Koenigstein Fire.' In a report released today, VCFD and CAL FIRE found SCE equipment contributed to the ignition near Koenigstein Road. The company previously disclosed in October 2018 that witnesses reported that a fire ignited along Koenigstein Road near an SCE power pole, and that SCE believed its equipment was associated with this ignition. SCE fully and actively cooperated with fire officials throughout their investigation. SCE will not be able to determine the specific causes of the Koenigstein Fire until it can analyze equipment currently in CAL FIRE's possession, and other evidence that is described in the report, and completes its internal review. SCE is continuing to analyze the progression of the Koenigstein Fire and the extent of damages that may be attributable to it. As recently noted in our March 13 press release, SCE has not determined whether the ignition at Anlauf Canyon involved SCE equipment, and SCE has evidence that the ignition at Anlauf Canyon started at least 12 minutes prior to any issue involving SCE's system and at least 15 minutes prior to the start time indicated by VCFD in its report. SCE believes the Anlauf Canyon ignition may have been independently responsible for a significant portion of the resulting damages. We underscore that any investigative findings do not provide a final resolution as to cause or responsibility. The courts will need to make that determination after a full review of all the evidence. SCE also is not aware of any basis for criminal liability."
ERIC

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05:56 EDT Ericsson wins 5G commercial deal with KT - KT, formerly known as Korea Telecom, has awarded Ericsson a 5G commercial contract to enable the nationwide launch of commercial 5G services in Korea starting early April. Korean operators have joined forces to target early April as the go-live date for the world's first nationwide provision of 5G commercial services in time to support commercially available 5G smartphones. KT's planned nationwide 5G network plays a central role. Under this initial commercial contract - the first since Ericsson was selected as a 5G supplier to KT in November 2018 - Ericsson is providing 3GPP standards-based 5G New Radio hardware and software from Ericsson's complete 5G platform to cover KT's 3.5 GHz Non-Standalone network.
JG

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05:53 EDT Aurora Mobile acquires mLink, terms not disclosed - Aurora Mobile announced that it has acquired mLink, an enterprise deep link solution developed by Magic Window, a Shanghai-based mobile user growth technology service provider. Aurora has rebranded this product as JMLink and has built an exclusive team dedicated to its migration and operation. JMLink will become a key new product line within the company's developer services.
GCI

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05:52 EDT Gannett comments on MNG Enterprises' failure to produce financing commitment - Gannett confirmed receipt of a letter provided to MNG Enterprises from Oaktree Capital Management in connection with MNG's unsolicited proposal to acquire Gannett, which the Gannett board of directors unanimously rejected on February 4. Gannett issued the following statement: "The letter that MNG has procured from Oaktree's distressed debt fund, Oaktree Strategic Credit, more than two months after MNG launched its unsolicited proposal, does not represent a contractual commitment or a legal obligation, and is highly conditional. Furthermore, Oaktree Strategic Credit did not indicate that it was confident in its own ability to arrange committed financing or otherwise suggest it would even play a role in the financing, as would be customary in a letter of this kind. The Gannett board of directors is confident that Gannett has significant value creation potential in continuing to execute the company's strategy. Given Gannett's operational expertise, our focus on executing our strategic digital transformation and our unwavering commitment to remaining a trusted source of news, Gannett is well positioned to grow the company and its valuable assets to the benefit of Gannett shareholders and the communities we serve. As a public company, Gannett's board would engage with any party that makes a bona fide, credible proposal that appropriately values the company and is capable of being closed. Gannett has said in the past that MNG's proposal fails that test, and the letter from Oaktree Strategic Credit does not alter the company's assessment of MNG's proposal. No action is required by shareholders at this time."