Stockwinners Market Radar for May 12, 2019 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

TEVA...

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19:17 EDT Fly Intel: Top five weekend stock stories - Catch up on the weekend's top five stories with this list compiled by The Fly: 1. On Saturday, President Trump said via Twitter that, "I think that China felt they were being beaten so badly in the recent negotiation that they may as well wait around for the next election, 2020, to see if they could get lucky & have a Democrat win - in which case they would continue to rip-off the USA for $500 Billion a year [...] The only problem is that they know I am going to win (best economy & employment numbers in U.S. history, & much more), and the deal will become far worse for them if it has to be negotiated in my second term. Would be wise for them to act now, but love collecting BIG TARIFFS! ... Such an easy way to avoid Tariffs? Make or produce your goods and products in the good old USA. It's very simple!" On Sunday he added that, "We are right where we want to be with China. Remember, they broke the deal with us & tried to renegotiate. We will be taking in Tens of Billions of Dollars in Tariffs from China. Buyers of product can make it themselves in the USA (ideal), or buy it from non-Tariffed countries [...] We will then spend (match or better) the money that China may no longer be spending with our Great Patriot Farmers (Agriculture), which is a small percentage of total Tariffs received, and distribute the food to starving people in nations around the world! GREAT! #MAGA" 2. Teva Pharmaceutical's (TEVA) chief financial officer reiterated that the company has done nothing wrong in the wake of a price-fixing lawsuit filed by 44 U.S. states, according to Reuters. Mike McClellan said the suit was an amended one and not new, while stressing it was civil and not criminal. "We take these accusations seriously and we are going to defend ourselves," he added. Connecticut and over 40 states and Puerto Rico filed a suit against some of the largest generic drug companies in the sector claiming that they illegally fixed the prices of generic medicines to maximize profits. 3. The latest investment in General Motors' (GM) Cruise division highlights the value of the company's stock, Al Root wrote in this week's edition of Barron's. Cruise got a new $1.15B investment from T. Rowe Price Group (TROW) and SoftBank Group (SFTBY), valuing the autonomous-driving unit at roughly $19B, but the stock hardly budged in reaction to the news, the report noted. Investors should be more excited and believe in the Cruise valuation, the author added, arguing that shares could jump 25% and still trade at a discount to historical averages if the company simply spun off the Cruise division. 4. Disney (DIS) and Marvel's "Avengers: Endgame" retained its number one position at the domestic box office for a third week in a row, earning another with $61.3M. The super hero movie's cumulative global box office is now $2.485B, with the film only second to James Cameron's all-time earner, "Avatar." Domestically, "Endgame" has earned $724M, passing "Avengers: Infinity War" and "Black Panther" to move up to the number 3 all-time stateside spot. The movie sports an A+ CinemaScore and a 96% Rotten Tomatoes score. 5. Sempra Energy (SRE), JPMorgan (JPM), NextEra Energy (NEE), Air Products (APD), Honeywell (HON), McCormick (MKC), Microsoft (MSFT), UPS (UPS), and J.B. Hunt (JBHT) saw positive mentions in this week's edition of Barron's.
SPY SPX

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18:04 EDT Trump says U.S. 'right where we want to be with China' - President Donald Trump said via Twitter that, "We are right where we want to be with China. Remember, they broke the deal with us & tried to renegotiate. We will be taking in Tens of Billions of Dollars in Tariffs from China. Buyers of product can make it themselves in the USA (ideal), or buy it from non-Tariffed countries [...] We will then spend (match or better) the money that China may no longer be spending with our Great Patriot Farmers (Agriculture), which is a small percentage of total Tariffs received, and distribute the food to starving people in nations around the world! GREAT! #MAGA" Reference Link
T

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15:51 EDT AT&T, International Brotherhood of Electrical Workers reach tentative agreement - AT&T announced that it has reached a tentative agreement with the IBEW System Council on the mobility labor contract. The 4-year tentative agreement was reached prior to the August 24 expiration of the current contract. The agreement, which will be submitted to the union's membership for a ratification vote in coming days, covers about 1,500 employees who work in call center positions in Illinois, Idaho and Montana.
MDT

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13:14 EDT Medtronic announces results from pilot study of EV ICD system - Medtronic announced findings from a pilot study of its investigational Extravascular Implantable Cardioverter Defibrillator system, in which a lead is placed outside of the heart and veins to deliver lifesaving defibrillation and anti-tachycardia pacing therapy in one system, with a device the same size as traditional, transvenous ICDs. Results from the pilot study were presented during a late-breaking session at Heart Rhythm 2019, the Heart Rhythm Society's 40th Annual Scientific Sessions.The Extravascular ICD pilot study, which represents the first-in-human chronic use of the investigational, first-generation system, showed that the new system can be implanted with no major complications, and can sense, pace and defibrillate the heart. The EV ICD system is investigational worldwide and not approved for sale or distribution. In the pilot study, 21 patients underwent the EV ICD implant procedure at four sites in New Zealand and Australia. Patients were evaluated at implant, two weeks, four to six weeks, and three months after device implant, and continue to be followed. The system successfully terminated induced ventricular arrhythmias in 17 patients, which is consistent with prior clinical studies of existing ICDs. Pacing capture was achieved in more than 95% of study patients. One patient experienced ventricular tachycardia outside the hospital setting, which was successfully detected and treated by the EV ICD system.
BRS

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13:08 EDT Bristow Group commences voluntary Chapter 11 proceedings - Bristow Group announced that the company has voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas. Bristow intends to use the proceedings to restructure and strengthen its balance sheet and achieve a more sustainable debt profile, while continuing to provide safe, reliable and professional industrial aviation services to its global clients well into the future. All of Bristow's businesses are operating in the ordinary course and are anticipated to continue to do so for the duration of the Chapter 11 process. The Chapter 11 filings pertain to certain of Bristow's legal entities in the U.S. and two of its Cayman Islands subsidiaries. Bristow's other non-U.S. entities, including those holding Bristow's non-U.S. air operating certificates, are not included in the Chapter 11 filings. In addition to executing the Restructuring Support Agreement with the company, certain senior secured noteholders made a $75M term loan to the company prior to the Court filing, and provided a commitment for a further $75M in debtor-in-possession financing that would be available upon Court approval. The financing package provides Bristow with capital that enables the company to fund its global operations and make continued investments in safety and reliability during the Chapter 11 reorganization proceedings.