Stockwinners Market Radar for April 10, 2019 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

19:12 EDT Senators propose bill requiring companies to target bias in corporate algorithms - Sen. Ron Wyden, D-Ore., Sen. Cory Booker, D-N.J., and Rep. Yvette D. Clarke, D-N.Y., introduced the Algorithmic Accountability Act, which requires companies to study and fix flawed computer algorithms that result in inaccurate, unfair, biased or discriminatory decisions impacting Americans. "Computers are increasingly involved in the most important decisions affecting Americans' lives -whether or not someone can buy a home, get a job or even go to jail. But instead of eliminating bias, too often these algorithms depend on biased assumptions or data that can actually reinforce discrimination against women and people of color," Wyden said. "Our bill requires companies to study the algorithms they use, identify bias in these systems and fix any discrimination or bias they find." According to the senators, the act would: Authorize the Federal Trade Commission to create regulations requiring companies under its jurisdiction to conduct impact assessments of highly sensitive automated decision systems. This requirement would apply both to new and existing systems; Require companies to assess their use of automated decision systems, including training data, for impacts on accuracy, fairness, bias, discrimination, privacy and security; Require companies to evaluate how their information systems protect the privacy and security of consumers' personal information, and; Require companies to correct any issues they discover during the impact assessments. Major companies in the tech sector include Alphabet (GOOG), Amazon (AMZN), Apple (AAPL), Microsoft (MSFT), Twitter (TWTR), and Verizon (VZ). Reference Link

18:47 EDT Fly Intel: After Hours Movers - HIGHER: SSR Mining (SSRM) up 1.2% after reporting Q1 production... JetBlue (JBLU) up 0.5% after announcing flights to London starting in 2021. DOWN AFTER EARNINGS: Key Tronic (KTCC) down 13.3% after preliminary Q3 report... Bed Bath & Beyond (BBBY) down 9.8%. ALSO LOWER: CareTrust REIT (CTRE) down 2.7% after equity offering... Costco (COST) down 1.2% after reporting March sales... Wynn Resorts (WYNN) down 0.6% after being resumed with Neutral at Goldman Sachs. Movers as of 18:30ET.

18:23 EDT Kohl's CEO: The consumer is healthy - In an interview on CNBC's Mad Money, Kohl's CEO Michelle Gass said: Our two key priorities are driving traffic and operational excellence... We have a great, diversified portfolio of brands... The wellness business has doubled in the last four years and is now 20% of our business... There are opportunities to make some of our stores smaller... Our Amazon partnership will facilitate returns... We are investing a lot of our capital in personalizing the experience for our customers... Technology has been a huge enabler in cutting costs and driving profitability... Our capital structure is healthy... We have a strong balance sheet.

17:52 EDT Bed Bath & Beyond says it has 1.1M Beyond Plus members - Says managing business with bias towards long-term profitability, rather than near-term sales. Says optimizing coupon strategy. Says the company has many initiatives focused on improving gross margin. Says the company expects to see gradual improvements during the year and EPS improvement in the back half of the year.

17:36 EDT China Bat Group to partner with Liten Group on auto sourcing and finance - China Bat Group announced that the company, through its subsidiary Beijing Tianxing Kunlun Technology Co, entered into a strategic cooperation agreement with Liten Group, a private company specializing in high-end automobile retail and operation of its automobile theme park, Dream Factory. Pursuant to the agreement signed today, both parties agreed to establish a comprehensive long-term strategic partnership in automobile sourcing channels, automobile finance and car rental. The scope of cooperation covers business communication, technical support, marketing and resource sharing. The agreement is effective for 2 years.

17:28 EDT Bed Bath & Beyond says it wants to take advantage of operating leverage - Says new features released weekly instead of monthly and is moving towards daily. Says launched first of six new private label home furnishings brands. Says new pricing team and software now in place. Says negotiations with landlords are progressing. Says expects $225M of share repurchases in FY19 and $400M in FY20. Comments taken from Q4 earnings conference call.

17:19 EDT Northrop Grumman awarded $3.17B Navy contract modification - Northrop Grumman has been awarded $3.17B for modification to definitize the previously awarded E-2D Advanced Hawkeye, or AHE, Lot 7 advance acquisition contract to a multi-year fixed-price-incentive-firm contract. This modification provides for the procurement of 24 full-rate production Lots 7-11 E-2D AHE aircraft. Work is expected to be completed in August 2026. FY19 aircraft procurement funds in the amount of $943.58M will be obligated at time of award, none of which will expire at the end of the fiscal year. The Naval Air Systems Command is the contracting activity.

17:02 EDT APS asks Arizona Corporation Commission to approve lower customer rates - APS, a subisidiary of Pinnacle West, said it is seeking Arizona Corporation Commission approval to once again lower customer rates as a result of federal tax reform. This request will be the final of three adjustments related to federal corporate tax cuts. Once approved, this latest reduction will bring the overall savings from the tax expense adjustor to nearly $9 per month, or $108 a year, for a customer using the average amount of electricity, the company said. "APS was one of the first companies to act on federal tax reform last year by passing the resulting tax savings back to customers, and it's great to see those savings grow," said Stacy Derstine, APS Vice President of Customer Service. "With triple-digit temperatures right around the corner, we encourage our customers to explore all the APS resources available to help them manage their bills. During our special 100 Days of Helping outreach effort we are striving to connect more customers to everything from ongoing bill discounts to balanced billing and energy savings tips before summer."

16:52 EDT Kohl's announces exclusive partnership with Elizabeth and James brand - Elizabeth and James and Kohl's announced an exclusive partnership to bring the Elizabeth and James brand, founded by Mary-Kate and Ashley Olsen, to Kohl's stores nationwide and Kohls.com. Kohl's will be the exclusive retailer of Elizabeth and James apparel, handbags and accessories.

16:39 EDT BioDelivery Sciences to license Shionogi's Symproic in the U.S. - Shionogi announced that BioDelivery Sciences has licensed full rights to commercialize Symproic, or naldemedine, 0.2mg tablets in the United States. The transfer of rights is effective immediately. Symproic is an oral tablet which functions as a peripherally acting mu-opioid receptor antagonist medication indicated in the U.S. for the treatment of opioid-induced constipation in adult patients with chronic non-cancer pain, including patients with chronic pain related to prior cancer or its treatment who do not require frequent opioid dosage escalation. Under the terms of the transaction, Shionogi will receive an upfront cash payment of $20 million, an additional $10 million in six months, as well as quarterly royalty payments. Shionogi regained full rights to Symproic in June 2018. The exclusive rights are now granted to BioDelivery Sciences International Inc.

16:29 EDT Bed Bath & Beyond provides update on transformation plan - The company's ongoing efforts to implement and execute on organization-wide foundational initiatives are intended to drive four key objectives: Mid-and-long-term revenue growth from portfolio strategy alignment across product assortment, customer experience and customer engagement, including greater focus on growing destinational categories (bed, bath, kitchen, windows and tabletop) and proprietary and private-label brands; the learnings from Next Generation Lab store experiences to enhance the in-store customer experience; an enhanced online experience; as well as efforts to assure that our customers are getting the right value for the products they want and need most. Near-term and ongoing gross margin improvements through changes in assortment mix to drive sales to better margin categories; modifications in pricing algorithms; further optimization of coupon strategy; and supply chain improvements. Near-term and ongoing SG&A improvements from improvements in store labor model; marketing efficiencies; and reductions in occupancy expense relating to ongoing store lease negotiations. Current and sustainable world-class operational support through investments in human capital, data and analytics and process improvements; repositioning and articulating Bed Bath & Beyond brand in the marketplace across all customer interactions including assortment, store and digital experience and marketing; and enhancements in global sourcing capabilities.

16:24 EDT Bed Bath & Beyond reports Q4 SSS down approximately 1.4% - Comparable sales in Q4 declined approximately 1.4% and included strong sales growth from the company's customer-facing digital channels, and sales from stores that declined in the mid-single-digit percentage range.

16:23 EDT AllianceBernstein reports March AUM up 1.5% sequentially to $555B - AllianceBernstein reported that preliminary assets under management increased to $555B during March 2019 from $547B at the end of February. The 1.5% increase was due to market appreciation, as well as total firmwide net inflows. By channel, Retail experienced positive net flows, while Institutional and Private Wealth flows were flat.

16:21 EDT Costco reports U.S. March total comparative sales, ex gas prices up 5.5% - Costco reported net sales of $13.87B for the retail month of March, the five weeks ended April 7, an increase of 7.4% from $12.92B last year. For the thirty-one weeks ended April , the company reported net sales of $88.29B, an increase of 8.4% from $81.43 billion during the similar period last year. This year's five-week March retail month had one extra shopping day versus last year, due to the calendar shift of Easter. This positively impacted total and comparable sales by approximately one to one and one-half percent.

16:19 EDT Bed Bath & Beyond raises quarterly dividend to 17c from 16c per share - Payable on July 16 to shareholders of record at the close of business on June 14.

16:16 EDT NASA awards SAIC the SMAEC II worth up to $292M - NASA awarded Science Applications International Corp. the Safety and Mission Assurance Engineering Contract II worth up to $292M. Under this contract, SAIC will continue to provide safety engineering, reliability engineering, quality engineering, quality assurance, and software assurance in support of NASA programs and projects at the agency's Johnson Space Center in Houston and White Sands Test Facility in New Mexico. Under SMAEC II, SAIC will provide services to the International Space Station, Orion and Commercial Crew Programs, and the Extravehicular Activity Project Office. Services also may be provided at other NASA centers, government facilities, contractor or subcontractor locations, or vendor facilities in the U.S. and abroad. SMAEC II is a single award, cost-plus-award-fee contract that includes core, indefinite-delivery/indefinite-quantity, and level of effort elements. The contract has a two-year base period, followed by two-year option one and one-year option two.

16:08 EDT BioDelivery Sciences acquires U.S. commercial rights to Symproic - BioDelivery Sciences International announced that it has entered into an exclusive licensing agreement with Shionogi to commercialize Symproic tablets 0.2 mg in the United States and Puerto Rico, effective immediately. Symproic is indicated for the treatment of opioid-induced constipation, or OIC, in adults with chronic non-cancer pain, including patients with chronic pain related to prior cancer or its treatment who do not require frequent opioid dosage escalation. Under the terms of the agreement, BDSI will pay Shionogi an initial payment of $20M and an additional $10M in six months. In addition, Shionogi is eligible to receive tiered royalty payments based on net sales of Symproic. With the addition of Symproic, the company expects the long-term net sales potential of its product portfolio to be in the range of $325M-$400M. Additionally, the company has reaffirmed its expectation to become operating cash flow positive by the end of 2019.

16:06 EDT Gladstone Land acquires pistachio orchard in California - Gladstone Land Corporation announced that it has acquired approximately 930 gross acres of farmland in Chowchilla, California, for approximately $28.6M. The farm consists of 852 planted acres of pistachio trees in their 11th leaf. In connection with the acquisition, the company also entered into a 10-year, triple-net lease with The Specialty Crop Company.

16:02 EDT Vicor Corporation to partner with Kyocera on power-on-package solutions - Kyocera (KYOCY) and Vicor (VICR) will collaborate on next-generation Power-on-Package solutions to maximize performance and minimize time-to-market for emerging processor technologies, the companies announced. As a part of the collaboration between the two technology leaders, Kyocera will provide the integration of power and data delivery to the processor with organic packages, module substrates and motherboard designs. Vicor will provide Power-on-Package current multipliers enabling high density, high current delivery to processors. This collaboration will address the growth of higher performing processors, which has created proportionate growth and complexity in high-speed I/Os and current consumption demands.

15:46 EDT Centillion Fund reports 17.6% passive stake in Entera Bio - In a regulatory filing, Centillion Fund disclosed a 17.6% stake in Entera Bio, which represents about 2.19M shares. The filing does not allow for activism.

15:01 EDT Netflix Is A Joke Radio channel to broadcast exclusively on SiriusXM - On its blog Netflix (NFLX) said: SiriusXM (SIRI) and Netflix announced the launch of Netflix Is A Joke Radio, "a full-time comedy channel to air exclusively on SiriusXM. This is the first time the streaming company has worked in unison with another major subscription media company to create a new outlet for their content. The channel - which will feature highlights from top Netflix talent including Adam Sandler, Aziz Ansari, Bill Burr, Chris Rock, Dave Chappelle, Ellen DeGeneres, Gabriel Iglesias, Jerry Seinfeld, John Mulaney, Ken Jeong, Ricky Gervais, Sarah Silverman, Sebastian Maniscalco, Trevor Noah, Wanda Sykes, and more - launches on Monday, April 15 on SiriusXM." Reference Link

14:42 EDT FTC requires divestitures in merger settlement agreement with Tronox, Cristal - Tronox Limited and Cristal, two of the largest suppliers of the white pigment chloride process titanium dioxide, have agreed to settle Federal Trade Commission charges by divesting Cristal's North American titanium dioxide assets, "thereby preserving competition in the market for this important and widely used compound," the FTC announced. Under the proposed order, Tronox and Cristal would be required to: Divest to Ineos two chloride process TiO2 manufacturing plants and related assets in Ashtabula, Ohio, and transfer or license all intellectual property rights necessary to manufacture chloride process TiO2 products at Ashtabula; divest to Ineos research and development equipment and administrative support functions at the Baltimore Administrative and Technical Center in greater Baltimore; provide Ineos the ability to hire relevant Cristal personnel located in North America, including all employees at the Ashtabula plants and almost all of the support personnel located at BATC; provide Ineos the option, exercisable during a 10-year period after closing, to acquire rights to use the licensed intellectual property to produce chloride process TiO2 products at a new manufacturing facility outside North America; and transfer or assign to Ineos customer contracts related to Cristal's chloride process TiO2 sales in North America. The Commission vote to accept the proposed consent order for public comment was 5-0. The consent agreement package will be published in the Federal Register soon, the FTC noted. Reference Link

14:37 EDT Facebook says taking new steps to manage 'problematic' content - In a blog post, Guy Rosen, VP of Integrity, and Tessa Lyons, Head of News Feed Integrity at Facebook, said that it met with a small group of journalist to discuss its latest remove, reduce and inform updates to "keep people safe and maintain the integrity of information that flows through the Facebook family of apps." Parts of its REMOVE plan include: Rolling out a new section on the Facebook Community Standards site where people can track the updates the company makes each month, and; Updating the enforcement policy for Facebook groups and launching a new Group Quality feature. Its REDUCE plan includes: Kicking off a collaborative process with outside experts to find new ways to fight more false news on Facebook, more quickly; Expanding the content the Associated Press will review as a third-party fact-checker; Reducing the reach of Facebook Groups that repeatedly share misinformation, and; Incorporating a "Click-Gap" signal into News Feed ranking to ensure people see less low-quality content in their News Feed. Its INFORM plan includes: Expanding the News Feed Context Button to images; Adding Trust Indicators to the News Feed Context Button on English and Spanish content; Adding more information to the Facebook Page Quality tab; Allowing people to remove their posts and comments from a Facebook Group after they leave the group; Combatting impersonations by bringing the Verified Badge from Facebook into Messenger; Launching Messaging Settings and an Updated Block feature on Messenger for greater control, and; Launched Forward Indicator and Context Button on Messenger to help prevent the spread of misinformation. Facebook added that it discussed how it will be rolling out a new section on the Community Standards site, as well as updating the enforcement policy for groups and launching a new Group Quality feature. Reference Link

14:00 EDT Document Security trading resumes

13:30 EDT YouTube TV raising price up to $50 per month for all customers - YouTube (GOOG, GOOGL) said in a blog post: "Two years ago, we launched YouTube TV to bring the best of live TV, delivered the way you want. Since then, we've been working to build a package that fits your needs. We expanded nationwide, added 10+ new channels, improved our DVR and launched new features to take your viewing experience to the next level. As we continue to listen to you and build a best-in-class content and product experience, we have a few updates to share today... YouTube TV now includes 70+ networks, 6 accounts per household (each with its own unique recommendations and cloud DVR with no storage space limits), and 3 concurrent streams. It's all included in the base cost of YouTube TV. To keep bringing you the best service possible, we're updating our membership price to $49.99/month. The price for members billed through Apple (AAPL) will be $54.99/month. This new price takes effect today, April 10, for new members. Existing subscribers will see these changes reflected in their subsequent billing cycle after May 13." Reference Link

13:16 EDT Safe-T jumps over 16% after announcing NetNut acquisition - Earlier today, Safe-T announced that it has signed an agreement to acquire NetNut. Safe-T will purchase the entire share capital of NetNut from its shareholders, and the assets required for NetNut's ongoing operations from its parent corporation, in consideration of $9.7M. etNut Ltd. is a provider of secure business proxy network Safe-T also announced it has entered into definitive agreements with two U.S. institutional investors for an aggregate $6M convertible loan which, primarily will be used by Safe-T to finance the cash portion of NetNut acquisition. The acquisition is aimed to allow Safe-T to offer its customers a cloud-based Software Defined Access service by combining its Software Defined Perimeter technology with NetNut's globally-located independent cloud-based service. Shares of Safe-T Group are up 16.4% to $3.05 in afternoon trading.

12:55 EDT Discovery announces multi-year programming partnership with YouTube - Discovery (DISCA) and Alphabet's (GOOGL) YouTube announced a multi-year distribution agreement that the company said "will extend Discovery's portfolio of real-life passion brands to YouTube TV's live TV and on-demand subscription service." The following Discovery brands will launch on YouTube TV on April 10: the Discovery Channel, HGTV, Food Network, TLC, Investigation Discovery, Animal Planet, Travel Channel, and MotorTrend. In addition, OWN: Oprah Winfrey Network, will launch by year end 2019. Eric Phillips, President of Affiliate Distribution at Discovery, said, "This agreement highlights how much viewers love our brands and the high value that passion has in the marketplace, and underscores YouTube TV's commitment to offering high-quality programming to subscribers." Reference Link

12:32 EDT Hallmark Financial appoints Jeffrey Passmore as CFO - Hallmark Financial Services announced the appointment of Jeffrey Passmore as CFO. Passmore was promoted from his most recent position as chief accounting officer for Hallmark Financial. He joined the company in 2002.

12:26 EDT Scout24 boards recommends accepting Pulver BidCo takeover offer - Scout24 announced that its Management Board and Supervisory Board recommend accepting the takeover offer of Pulver BidCo GmbH, a holding company controlled by funds advised by Hellman & Friedman and affiliates of Blackstone (BX). The two boards, "having performed their respective own examination independently of one another, believe that the cash consideration of EUR 46.00 per Scout24 share is adequate: The consideration appropriately reflects the value of Scout24 at the present time - i.e. also taking into account the current overall regulatory, geopolitical and macro-economic situation."

12:03 EDT Accenture, Google Cloud expand strategic collaboration - Accenture (ACN) and Google Cloud, part of Alphabet (GOOG, GOOGL), announced the companies are collaborating on solutions to help enterprises modernize and improve their customers' experiences in three main areas: enabling multi-channel customer interactions, improving data management, and creating services for hyper-personalization in marketing, sales and services.The first priority area of focus is to help clients enable multi-channel customer interactions and improve access to self-service and issue resolution capabilities, while decreasing the cost to service each customer. The effort will leverage Google Cloud's data and AI capabilities, specifically the Contact Center AI solution, which enables end-to-end customer interaction across voice and digital channels. In addition to improving the end-user experience, Accenture will leverage Google Cloud's AI and data management capabilities to build solutions that will help clients use data to better understand their customers. By breaking down data silos across customers, channels, and products, these solutions can provide clients with a real-time, 360-degree view of customers, generating new insights, powering new strategies for growth and improving customer satisfaction. Finally, the two companies are also teaming on the fast-emerging area of hyper-personalization to help customers transform their marketing, sales and services data into contextually relevant services. By leveraging Google Cloud's AI and ML capabilities and more secure, trusted high performance cloud infrastructure, organizations can turn data into business insights that can be applied to help increase customer response rates, lifetime value and loyalty.

12:00 EDT Sibanye Gold falls -9.9% - Sibanye Gold is down -9.9%, or -45c to $4.11.

12:00 EDT Conagra Brands rises 6.4% - Conagra Brands is up 6.4%, or $1.75 to $29.30.

12:00 EDT Global Brass and Copper rises 25.4% - Global Brass and Copper is up 25.4%, or $8.78 to $43.37.

11:40 EDT Turkcell announces launch of AI-powered personal assistant Yaani - Earlier today Turkcell announced the launch its AI-powered personal assistant Yaani at Turkcell Technology Summit. As Turkey's technology industry and business leaders gather at Turkcell's Technology Summit for the 10th time in Istanbul, visitors experienced next-generation technologies...During his speech, Turkcell CEO demonstrated Turkcell's breakthrough in combining AI and machine learning with a series of Yaani Assistant's unique capabilities - adapting to a user's patterns and preferences, reporting real-time data of Turkcell's digital services, ordering food online, making a doctor's appointment, playing music and making coffee integrated with smart home appliances. Yaani's demonstration showcased how AI technology revolutionizes most areas of current human life and businesses.

11:25 EDT CareDx accuses Natera of false advertising claims, files lawsuit - CareDx (CDNA) has filed a second lawsuit against Natera (NTRA) in the United States District Court for Delaware. In this suit, CareDx alleges that Natera's comparisons of its kidney transplant technology to CareDx's AlloSure technology are based on "numerous unscientific, unreliable, and inappropriate conclusions, and are therefore misleading." CareDx said in its complaint, "Natera has begun a false advertising campaign designed to deceive doctors, healthcare professionals, insurance companies, and patients - as well as investors - into believing that Natera's 'me too' test is superior to AlloSure when that has simply not been shown." The complaint states several times that "the comparisons to AlloSure are false both because the Natera Study is substantially flawed and because the Natera and CareDx study methodologies differ so significantly that comparison claims are precluded."

10:57 EDT Delta Air Lines 'not going to comment on size' of stake in Alitalia

10:50 EDT Regional U.S. airline selects Triumph Group for MRO heat transfer work - Triumph Group announced that its Product Support business unit was selected by a regional U.S. airline to provide maintenance, repair and overhaul services on heat transfer units for their carrier's fleet. Under the new arrangement, Triumph Accessory Services in Wellington, Kansas will provide heat exchanger maintenance and repair support for the airline's fleet of regional jet aircraft. Triumph Accessory Services is an operating company of Triumph Product support.

10:25 EDT Intelsat confirms Intelsat 29e service outage - Intelsat announced a service outage on the Intelsat 29e satellite which continues to affect maritime, aeronautical and wireless operator customers in the Latin America, Caribbean and North Atlantic regions. "Late on 7 April, the Intelsat 29e propulsion system experienced damage that caused a leak of the propellant on board the satellite resulting in a service disruption to customers on the satellite. While working to restore the services, on 9 April, the satellite experienced a second anomaly that caused a loss of communications to the satellite. Communication with the satellite has been intermittent. Intelsat continues to work with the satellite's manufacturer, Boeing, on recovering communication. The Intelsat customer-facing team is focused on migrating customer services from Intelsat 29e to other Intelsat satellites serving the region, as well as third party services. Intelsat will not make a determination of financial impact until the conclusion of the recovery mission," the company stated, confirming an earlier media report about the outage.

10:00 EDT Intelsat falls -7.9% - Intelsat is down -7.9%, or -$1.38 to $16.17.

10:00 EDT PAR Technology falls -16.1% - PAR Technology is down -16.1%, or -$4.02 to $20.95.

10:00 EDT Levi Strauss rises 7.9% - Levi Strauss is up 7.9%, or $1.72 to $23.60.

09:47 EDT Sibanye Gold falls -7.2% - Sibanye Gold is down -7.2%, or -33c to $4.23.

09:47 EDT Calix falls -11.9% - Calix is down -11.9%, or -94c to $6.96.

09:47 EDT Levi Strauss rises 7.1% - Levi Strauss is up 7.1%, or $1.56 to $23.44.

09:39 EDT Establishment Labs mentioned cautiously in a Seeking Alpha article - Reference Link

09:33 EDT AAR Corp. extends PW2000 engine support contract with MTU Maintenance - AAR announced that it will be extending its PW2000 engine support contract with MTU Maintenance for another five years. AAR will be supplying PW2000 parts to support MTU. MTU has recently said they have won contracts valued at more than $700M and remains committed to its PW2000 engine MRO program for at least another 10 years. AAR is an important source of used serviceable materials in support of these engine overhauls.

09:29 EDT ICER releases draft report on Aimmune, DBV peanut allergy treatments - The Institute for Clinical and Economic Review yesterday released a Draft Evidence Report on Aimmune Therapeutics' oral mmunotherapy AR101 and DBV Technologies' (DBVT) Viaskin Peanut for peanut allergy. "Immunotherapy with AR101 resulted in increased QALYs due to the utility benefit of more patients having peanut desensitization, with 0.63 incremental QALYs versus avoidance alone. We did not model a difference in mortality among comparators, therefore both AR101 and avoidance alone resulted in 28.69 life years gained and there was no gain in overall survival for AR101. Using the available placeholder price, the total lifetime cost was $79,000 for AR101 versus $7,000 for avoidance alone, and the incremental cost-effectiveness ratio was $116,000," the report reads. It added, "Immunotherapy with Viaskin Peanut resulted in increased QALYs due to the utility benefit of increased peanut desensitization, with 0.22 incremental QALYs versus avoidance alone. As noted above, there was no difference in overall survival, therefore both Viaskin Peanut and avoidance alone resulted in 28.69 life years gained. Using the available placeholder price, the total cost was $62,000 for Viaskin Peanut versus $7,000 for avoidance alone, and the incremental cost+effectiveness ratio was $259,000." QALY stands for quality-adjusted life year. Reference Link

09:19 EDT T-Mobile, Amazon announce agreement to bring Prime Video to TVision Home - T-Mobile (TMUS) and Amazon (AMZN) announced an agreement bringing Prime Video to TVision Home, T-Mobile's rebranded and upgraded version of Layer3 TV, later this year. TVision customers with a Prime membership will be able to discover and watch all Prime content, including Amazon Originals, thousands of premium shows and movies, live events and more, through the Prime Video app on TVision.

09:12 EDT Tennant announces agreement with Walmart to supply robotic floor cleaners - Tennant (TNC) announced a new agreement with Walmart (WMT). Tennant will provide Walmart the T7AMR autonomous floor cleaners-equipped with Brain Corp.'s self-driving operating system, BrainOS. Tennant's support of Walmart's broad deployment of Tennant robotic cleaning equipment represents a significant step toward the adoption of autonomous cleaning equipment in the marketplace.

09:10 EDT Diana Shipping enters time charter contract for m/v New Orleans with Cargill - Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill for one of its Capesize dry bulk vessels, the m/v New Orleans. The gross charter rate is $15,000 per day, minus a 4.75% commission paid to third parties, for a period of about 16 months to about 19 months.

09:05 EDT Aquantia, Qualcomm partner to support 5G fixed wireless access equipment design - Aquantia (AQ) announced it is working closely with Qualcomm Technologies (QCOM) to support the design and optimization of next generation 5G NR fixed wireless access broadband equipment for high-speed Internet delivery to the customer premises. The customer premises equipment platform will feature the Aquantia AQtion Multi-Gig Ethernet Controllers AQC107 and AQC111C, which can be used in conjunction with the Qualcomm Snapdragon X55 5G modem available from Qualcomm Technologies. Deployment in the United States is slated for the first half of 2020 and Aquantia has supplied samples of the reference design to early customers.

08:47 EDT Perspecta receives $5.7M contract modification for DARPA program - Perspecta's applied research arm, Perspecta Labs, has received a $5.7M contract modification for continued work on the Defense Advanced Research Projects Agency Edge-Directed Cyber Technologies for Reliable Mission Communication program. This additional work will focus on transitioning the Distributed Enclave Defense Using Configurable Edges, or DEDUCE, system to a more broadly available offering in support of various U.S. government customers.

08:40 EDT User-Friendly plans to vote against Rand transaction with East Asset Management - User-Friendly Phone Book, the largest stockholder of Rand Capital, announced that it continues to oppose the proposed transaction between Rand and East Asset Management, that was announced on January 25, 2019. In a letter to the company's Board of Directors on March 27, 2019, User-Friendly detailed the reasons for its opposition. To date, User-Friendly has not received a response to its letter from the Board of Directors. User-Friendly said, "User-Friendly intends to vote AGAINST the proposed transaction for the following reasons: the $3.00 per share acquisition price is inadequate and represents an approximate 40% discount to the company's NAV per share of $4.99 as of December 31, 2018; in a transaction in which the company is selling a 57% controlling interest, the company should receive a premium for its shares, not an approximate 40% discount to NAV per share; current Rand shareholders will suffer substantial dilution as a result of the sale of shares at a price that is below the company's current NAV and as a result of a planned Special Dividend of which East will be entitled to receive 57%; the financial analyses performed by the company's financial advisor were premised on outdated financial information which lead to an undervaluing of the company's NAV per share and skews the Adviser's conclusion on which the Board relied; the Adviser's fee structure under the proposed Investment Management Agreement, including the incentive fee of 20% of the company's net capital gains and 20% of the Company's cumulative net return in excess of 8.75%, creates serious conflicts and misaligns the interest of the Adviser and the company's shareholders, and the incentive fees are substantially dilutive to current shareholders' up-side participation in any of the company's investment returns; there is no credible support that the value of the assets to be contributed by East, which comprise 52.4% of the aggregate consideration to be received by the company in the proposed transaction, has been accurately measured; East is incentivized to over-value the assets to be contributed, and the company has failed to provide adequate information regarding the nature of these contributed assets or the process by which the company and East have agreed on their value; there is no assurance that the company will declare the Special Dividend or any other dividends in the future; and the $750,000 termination fee payable by the company if the proposed transaction were not to be consummated, and the $500,000 fee payable to the company's financial advisor are excessive and potentially debilitating to the Company and its shareholders."

08:39 EDT Crestwood acquires Williams 50% interest in Powder River Basin JV for $485M - Crestwood Equity (CEQP) announced, in a separate joint press release with Williams (WMB), that Crestwood Niobrara acquired a 50% interest in Jackalope Gas Gathering Services from Williams for approximately $485M. "The acquisition of Williams' interest is a continuation of Crestwood's strategy to expand its operational footprint in its core growth basins. Consolidating the Jackalope assets positions Crestwood for long-term growth in the prolific Powder River Basin by supporting Chesapeake Energy's (CHK) and other producer customers' long-term development plans." Crestwood funded the acquisition through a combination of borrowing under its revolving credit facility and the issuance of an additional $235less than of preferred equity to Crestwood Niobrara's existing preferred equity investors, led by Global Infrastructure Partners. Crestwood expects the transaction to be leverage neutral to the Crestwood balance sheet and immediately accretive to distributable cash flow per unit in 2019, with growing accretion thereafter based upon Chesapeake's current development activity. The transaction, which was not subject to regulatory approval, is closed with an effective date of April 9.

08:36 EDT Ford recalls 327,000 F-150, Super Duty vehicles in North America - Ford Motor announced that it is issuing a safety recall for select 2015-19 F-150 and 2017-19 Super Duty vehicles equipped with engine block heaters that had been inspected in accordance with recall 18S45. In inspected vehicles, the engine block heater cable splice connectors may have inadvertently become damaged during that service procedure. A damaged block heater cable can cause an inoperative engine block heater and/or tripping of household breakers or GFCI-equipped outlets or a resistive short, which can increase the risk of overheated or melted wiring and fire while the vehicle is parked and the block heater is plugged in. A safety risk only exists while the vehicle is parked and the block heater cable is plugged into an electrical outlet. Customers are advised to not use the engine block heater cable. The affected vehicles are a subset of the 874,000 vehicles previously recalled in 18S45 and include approximately 327,000 vehicles in North America, with approximately 131,068 in the United States and federalized territories and approximately 196,269 in Canada. Ford is aware of one fire in the United States and one in Canada that may relate to block heater usage following successful completion of recall 18S45. Ford is also aware of one report of fire in Canada in which the vehicle failed the 18S45 inspection procedure. Vehicle inspection after the fire was unable to determine whether that incident was related to this subject. Ford is not aware of any reports of accident or injury related to this issue.

08:34 EDT Ford shakes up management in effort to retool business model - Ford announced leadership changes as it accelerates progress on the global redesign of its business and product resurgence. "In the past two years, we have made tangible progress in improving the fitness of our business, overhauled our regional strategies, created a winning product portfolio, and are working to transform Ford to succeed in an era of profound change and disruption," President and CEO Jim Hackett said. "With this strong foundation in place for our auto and mobility businesses, we can now accelerate our transformation." Ford said Joe Hinrichs is appointed president, Automotive, effective May 1. In this role, he will lead Ford's drive to strengthen its Automotive operations and help deliver a sustainable global EBIT margin of at least 8%. Hinrichs will have responsibility for Ford's global business units - North America, South America, Europe, China, and the International Markets Group. He will also oversee both the Ford and Lincoln brands. In addition, Hinrichs will lead all of Ford's automotive skill teams including Product Development, Purchasing, Enterprise Product Line Management, Manufacturing & Labor Affairs, Marketing, Sales & Service, Quality & New Model Launch, Sustainability, Environmental & Safety Engineering, Information Technology, Customer Experience, and Government Affairs. Jim Farley is appointed president, New Businesses, Technology & Strategy, effective May 1. Farley will spearhead Ford's strategic transformation into a higher growth, higher margin business by leveraging smart, connected vehicles and breakthrough customer experiences. In this role, Farley will oversee Corporate Strategy, Global Data Insights & Analytics, Global Partnerships, Research & Advanced Engineering as well as Ford Smart Mobility and Ford Autonomous Vehicles. John Lawler, also will take on an expanded role as vice president, Strategy, reporting to Farley, Lawler will lead Corporate Strategy, Business Development and Global Data Insights and Analytics. After 36 years with Ford, Marcy Klevorn, president of Ford Mobility, has announced plans to retire Oct. 1.

08:32 EDT T. Rowe Price reports preliminary AUM $1.08T at March 31 - T. Rowe Price reported preliminary month-end assets under management of $1.08T as of March 31. Client transfers from mutual funds to other portfolios, including trusts and separate accounts, were $3B in March and $6.1B for the quarter-ended March 31.

08:21 EDT Qorvo to acquire Active-Semi - Qorvo announced that it has entered into a definitive agreement to acquire Active-Semi, a private fabless supplier of programmable analog power solutions. Active-Semi will become part of Qorvo's infrastructure and defense products group. Active-Semi's technologies are positioned to intersect multiple long-term secular trends in 5G, industrial, data center, automotive and smart home by addressing the increased demand for power solutions. Qorvo expects the acquisition to be accretive to non-GAAP gross margin and non-GAAP EPS in the first year. The acquisition is subject to regulatory approval and customary closing conditions and is expected to close in Q1.

08:17 EDT Telaria enters partnership with Hulu on DTV study - Telaria (TLRA), in partnership with Hulu, published new research demonstrating how Connected TV, or CTV, is a key channel for Direct-to-Consumer brands, or DTC, to increase reach and drive brand awareness among direct-to-consumer shoppers. The study, titled "Emerging Alliances: How CTV and DTC Brands are Upending Traditional Paradigms for Performance-Minded Marketers," found that DTC shoppers surveyed spend 70% more-time streaming TV each week than using social media. Their streaming TV consumption totals nearly 13 hours each week, nearly 20% more than time spent watching cable TV, and with DTC shoppers spending more time on CTV platforms, it's clear that advertising on CTV is an effective strategy for growing brand awareness at an efficient cost. DTC shoppers surveyed indicate they seek out brands that offer value, convenience, and choice. The same set of considerations apply when choosing their CTV/OTT services. Sixty-one percent of DTC shoppers watch their current favorite TV show through a connected TV experience. The study shows, that DTC shoppers who watch both linear and streaming programming are two times more likely to purchase a product after ad exposure than those with linear TV only. Hulu is owned by Disney (DIS), Comcast (CMCSA), and AT&T (T).

08:10 EDT Hughes awarded contract by Boeing to develop PTES service - Hughes Network Systems announced it has been awarded a contract from Boeing (BA) to develop mission management, system control, networking and ground hub capabilities in support of an anti-jam satellite communications capability for the Air Force's Protected Tactical Enterprise Service program. Hughes is a wholly owned subsidiary of EchoStar (SATS).

08:09 EDT AerCap leased, purchased and sold 81 aircraft in Q1 - AerCap Holdings has announced its major business transactions during the first quarter 2019: Signed lease agreements for 43 aircraft, including 6 widebody aircraft and 37 narrowbody aircraft; Purchased 17 aircraft, including 12 Airbus A320neo Family aircraft, 1 Airbus A350, 3 Boeing 787-9s and 1 Embraer E2; Executed sale transactions for 21 aircraft, including 7 Airbus A320 Family aircraft, 2 Airbus A330s, 3 Airbus A340s, 6 Boeing 737NGs and 1 Boeing 767-300ER from AerCap's owned portfolio and 2 Airbus A320 Family aircraft from AerCap's managed portfolio; Signed financing transactions for $1.9B.

08:08 EDT Golden Ocean acquires 15% interest in Singapore Marine - Golden Ocean Group announced that it has acquired a 15% ownership interest in Singapore Marine Pte Ltd., a dry bulk freight operator sponsored by Peter Weernink, the former CEO of Swiss Marine SA. Singapore Marine, which has offices in Singapore, Geneva and Verbier, will initially focus on the Post Panamax to Capesize vessel segments. Singapore Marine has raised $105 million in available capital where Golden Ocean has provided $10M in equity and $10M in available subordinated shareholder loan.

08:06 EDT Good Times Restaurants reports Q2 SSS down 7.5% for Good Times' brand - Good Times Restaurants announced that same store sales at its Bad Daddy's concept increased 1.3% during the quarter over the prior year's increase of 0.2%, which includes the loss of the equivalent of twelve restaurant operating days caused by restaurant closures in Colorado due to the "Bomb Cyclone" weather event on March 13th. Adjusted for those lost restaurant operating days, same store sales would have increased 1.8% during the quarter. Same store sales for its Good Times' brand decreased 7.5% during the quarter over the prior year's increase of 7.1% in the same quarter. Adjusted for the thirty lost restaurant operating days due to closures associated with the March 13th weather event and extended power outages at two restaurants, Good Times same store sales would have declined 5.9%. CEO Boyd Hoback, "We continue to see healthy same store sales growth in our Bad Daddy's brand, even with the loss of sales due to harsher weather that has caused store closures in both our first and second quarters. Good Times continued to be significantly impacted by the much more inclement weather in Colorado versus last year and we attribute most, if not all, of the same store sales decline this year to the unfavorable weather. Importantly, when we compare favorably on weather our same store sales bounce back, as they have subsequent to the end of the quarter with our first stretch of warmer weather. At the beginning of the quarter we opened our thirty-fifth Bad Daddy's restaurant, our fourth in the Raleigh, North Carolina market, which is performing well above our system average unit volume."

08:05 EDT Curis regains compliance with Nasdaq llisting requirements - Curis received written confirmation from the Nasdaq Listing Qualifications Department notifying that it has regained compliance with the minimum Market Value of Listed Securities for continued listing on the Nasdaq Global Market. On December 27, 2018, the company had received a letter from Nasdaq notifying it that it was not in compliance with the MVLS requirement.

08:03 EDT Magal Security awarded $6.7M border maintenance contract - Magal Security has been awarded a $6.7M 34 month contract, for the maintenance of border perimeter intrusion detection systems. Under this contract, Magal will maintain previously installed systems covering over 200 km of border.

08:02 EDT Turtle Beach authorizes $15M share repurchase program - Turtle Beach has approved a share repurchase program allowing the company to purchase up to $15M of its common shares at its discretion from time to time in the open market, or in block purchase transactions over the next two years. The share repurchase program is scheduled to expire April 9, 2021, but may also be expanded, extended, or terminated.

07:35 EDT Helius Medical Technologies Inc trading resumes

07:32 EDT Virtus Investment reports preliminary total AUM $101.7B as of March 31 - Virtus Investment reported preliminary long-term and total assets under management as of March 31, of $99.9B and $101.7B, including $1.8B of liquidity assets, respectively.

07:21 EDT Can-Fite reports abstract presentation on Namodenoson Phase II results at ASCO - Can-Fite BioPharma announced that a late-breaking abstract detailing results from the company's recently completed multicenter Phase II trial in patients with advanced liver cancer has been accepted for oral presentation at the late-breaking abstract session of the 54th Annual Meeting of the American Society of Clinical Oncology. The abstract titled: "A phase II, randomized, double-blind, placebo-controlled trial evaluating efficacy and safety of namodenoson, an a3 adenosine receptor agonist, as a second-line treatment in patients with Child-Pugh B advanced hepatocellular carcinoma", will be presented in an oral session by Prof. Salomon Stemmer, Principal Investigator of the Phase II trial. "We consider ASCO's acceptance of our late breaking oral presentation a testament to the compelling data coming out of our recently completed Phase II study of Namodenoson. We believe this reflects the oncology community's assessment that our Phase II Namodenoson trial is a high-impact study with significant relevance in the treatment of liver cancer," stated Can-Fite CEO Pnina Fishman. Can-Fite is currently designing and planning the protocol for a Phase III study with the support of the world's leading oncologists and regulatory experts including Dr. Josep Llovet, Founder and Director of the Liver Cancer Program and Full Professor of Medicine at the Mount Sinai School of Medicine, New York, who will serve as the Phase III study's Principal Investigator.

07:12 EDT FDA denies Helius Medical request for clearance, de novo classification of PoNs - Helius Medical announced that the FDA has completed its review of the company's request for de novo classification and 510 clearance of the Portable Neuromodulation Stimulator, or PoNS, device and has declined the company's request. In reaching its conclusion, the agency noted that it did not have sufficient information to discern the relative independent contributions of the PoNS device and physical therapy on the improvements from baseline in the effectiveness endpoints observed in the company's clinical studies. The FDA noted that the company could generate additional data to address its concerns and resubmit its application. In the course of its review of the company's submission, the FDA recognized that there were no device-related serious adverse events in either of the company's two clinical trials, and that patients in both the treatment and the sham control arms demonstrated improvements from baseline for all the pre-specified clinical endpoints, including the primary endpoint of responder rate based on Sensory Organization Test score.

07:07 EDT Wave Life Sciences expects to report PRECISION-HD program data by end of year - Wave Life Sciences provided an update on the timing of the topline data readout from its ongoing PRECISION-HD program, which consists of two global Phase 1b/2a clinical trials evaluating investigational therapies WVE-120101 and WVE-120102 for patients with Huntington's disease, or HD. The company now expects to report topline clinical data from the PRECISION-HD program by the end of the year. The reason for the revised timeline is operational, resulting from slower than anticipated patient enrollment because of the logistics of screening and scheduling across global sites. This update is not due to a preclinical or clinical safety finding and the PRECISION-HD clinical program remains blinded. The company expects the topline clinical data will include a summary of clinical safety results, the degree of mutant huntingtin protein lowering in cerebrospinal fluid and the ratio of total huntingtin versus mutant huntingtin protein in CSF to assess wild-type huntingtin protein.

07:04 EDT Delta Air Lines sees Q2 pre-tax margin 14%-16% - Sees Q2 fuel price, including taxes and refinery impact $2.10-$2.20.

07:04 EDT Delta Air Lines sees Q2 TRASM, adjusted up 1.5%-3.5% y/y - Sees Q2 CASM-Ex up 1%-2% y/y/. Sees Q2 system capacity up 4%-4.5% y/y.

06:53 EDT AstraZeneca, Merck announce EU approval of LYNPARZA - AstraZeneca (AZN) and Merck (MRK) announced the European Commission has approved LYNPARZA as a monotherapy for the treatment of adult patients with germline BRCA1/2-mutations, and who have human epidermal growth factor receptor 2-negative locally advanced or metastatic breast cancer. Under the licensed indication, patients should have previously been treated with an anthracycline and a taxane in the (neo) adjuvant or metastatic setting unless they were unsuitable for these treatments. Patients with hormone receptor-positive breast cancer should also have progressed on or after prior endocrine therapy or be considered unsuitable for endocrine therapy.

06:47 EDT Waddell & Reed reports preliminary AUM $71.7B as of March 31 - Compared to $71.6B on February 28.

06:33 EDT Concert Pharmaceuticals begins Phase 1 dose trial of schizophrenia candidate - Concert Pharmaceuticals has initiated an additional trial in the Phase 1 program evaluating CTP-692, a novel deuterium-modified form of D-serine being developed as an adjunctive treatment for schizophrenia. The Phase 1 multiple-ascending dose trial will evaluate the safety, tolerability, and pharmacokinetic profile of CTP-692 in healthy volunteers. Topline data from both the single-and multiple-ascending CTP-692 Phase 1 trials are expected in Q2. The Phase 1 program is designed to assess CTP-692's safety, tolerability and pharmacokinetics in approximately 80 healthy volunteers. The CTP-692 clinical program is supported by results from Concert's preclinical studies which have shown the potential of CTP-692 to improve upon the safety profile of D-serine. D-Serine has been shown to cause nephrotoxicity in published preclinical studies. Concert's preclinical studies have demonstrated that administration of CTP-692 did not cause changes in serum creatinine and blood urea nitrogen at doses where D-serine caused substantial nephrotoxicity as assessed by these kidney function markers.

06:29 EDT Alphabet's Wing to launch commercial air delivery service in Canberra - The Alphabet startup Wing said in a blog post that it has secured approval for one of the world's first drone delivery services. The service is set to officially launch in Canberra, Australia, after securing approval from Australia's Civil Aviation Safety Authority. The service will aim to use drones to deliver items including coffee to homes in the Canberra area within minutes of their being ordered through an app. Reference Link

06:19 EDT Rolls-Royce agrees to early inspection of Trent engines - Rolls-Royce said in a statement: "As part of our work to respond to earlier than anticipated High Pressure Turbine blade deterioration identified in a small population of Trent 1000 TEN engines, Rolls-Royce has been working closely with regulatory authorities to establish a plan for inspecting the remaining fleet. This accelerated inspection regime has now been agreed and will be formally communicated to customers today. As part of this process, an Airworthiness Directive will be issued by EASA in addition to a Rolls-Royce Service Bulletin. Following sampling of a population of Trent 1000 TEN engines that have experienced a higher frequency of flights at the upper end of their operating range, a small number of these engines have needed to have their HPT blades replaced earlier than scheduled. This new accelerated inspection regime is designed to allow us to confirm the health of the Trent 1000 TEN fleet over the next few months. The Trent 1000 TEN engine has been in service since November 2017, and there are currently more than 180 of this type of engine in service. Since the entry into service of the Trent 1000 TEN, Rolls-Royce has communicated to airlines that the HPT blades in these engines would have a reduced life. As a result, our engineers have already been developing, and are currently testing, an enhanced version of this blade. We expect to start incorporating enhanced blades into the Trent 1000 TEN fleet in early 2020. Based on our current understanding of the situation and fleet management plan, our guidance for in-service cash costs on the Trent 1000 in 2019 and 2020, as published with our 2018 Full Year Results on 28 February 2019, remains unchanged." Chris Cholerton, Rolls-Royce, President -- Civil Aerospace, said: "This blade deterioration is a known issue but it is occurring faster than we expected in some engines. We started development of an enhanced blade last year, which we are now testing. We expect to start incorporating enhanced blades into the Trent 1000 TEN fleet in early 2020."

06:02 EDT JetBlue narrows Q1 RASM view to down about 3.1% from down 1.5%-3.5% - The following reflects revised guidance for the first quarter of 2019: "First quarter RASM (a) is expected to decrease approximately 3.1% year-over-year, versus our prior guidance range of negative 1.5 to negative 3.5 percent. Higher than expected completion factor negatively impacted first quarter RASM by approximately 0.75 points. CASM ex-fuel (b) growth for the first quarter is expected to be at or below the lower end of our initial guidance range of 1.5 to 3.5 percent. Higher than expected completion factor similarly reduced CASM ex-fuel by approximately 0.75 points. JetBlue expects the price of jet fuel for the first quarter to range between $2.05 and $2.06 per gallon. Our fuel consumption is expected to be broadly in line with our original guidance of 215 million gallons for the quarter."

05:59 EDT Carlyle Group, co-investors sell Athena Art Finance for $170M - YieldStreet announced that it has acquired Athena Art Finance from Carlyle Group and co-investors in a transaction valued at approximately $170M.

05:36 EDT Wix.com announces plans for new headquarters in Tel Aviv - Wix.com announced its plans to build a new headquarters and campus in Tel Aviv, Israel. Wix continues to "grow rapidly" and is nearing capacity in its current location in the Port of Tel Aviv. The new 50,000 square meter space is part of a larger commercial development being built in Tel Aviv, and is expected to become Wix's new headquarters as well as a campus for employees based in Tel Aviv beginning in 2022, and will be able to "accommodate continued growth for years to come."

05:31 EDT Walmart plans to spend $145M in CA, $71.8M in AZ on new stores, improvements - Walmart expects to spend an estimated $145M this year in California through the opening and remodeling of 21 stores, "as well as the launch and continued expansion of several customer-focused innovations." Walmart expects to spend an estimated $71.8M this year in Arizona through the remodeling of 14 stores, "as well as the launch and continued expansion of several customer-focused innovations."

05:20 EDT Walmart plans to spend $265M in TX, $96M in IN on new stores, improvements - Walmart expects to spend an estimated $264.9M this year in Texas through the remodeling of 54 stores, as well as the launch and continued expansion of several "customer-focused innovations." Walmart expects to spend an estimated $96.13M this year in Indiana through the remodeling of 19 stores, as well as the launch and continued expansion of several "customer-focused innovations."