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

PCG

Hot Stocks

20:36 EDT PG&E discloses additional reorganization proposals of over $12B - PG&E announced that, following the earlier proposal made by Abrams Capital Management and Knighthead Capital Management, PG&E has been offered substantially similar equity capital commitments from a number of financial institutions in support of a plan of reorganization of PG&E. These commitments currently exceed $12B. PG&E intends to continue to work collaboratively with all stakeholders as we further refine a plan of reorganization that meets the objectives outlined in our second-quarter earnings release and recent filings with the Bankruptcy Court.
OSTK

Hot Stocks

19:09 EDT Overstock.com CEO confirms Sara Carter articles, withholds further comment - "Sara Carter has published two articles relating the following claims of mine: Starting in 2015 I (operating under the belief that I was helping legitimate law enforcement efforts) assisted in what are now known as the 'Clinton Investigation' and the 'Russian Investigation' (in fact, I am the notorious 'missing Chapter 1' of the Russian investigation). It was the third time in my life I helped the Men in Black: the first was when my friend Brian Williams was murdered, and the second was when I helped the M.I.B. shake up Wall Street a decade ago. Unfortunately, this third time turned out to be less about law enforcement and more about political espionage conducted against Hillary Clinton and Donald Trump (and to a lesser degree, Marco Rubio and Ted Cruz). In July 2018 I put the pieces together. I immediately (last July) came forward to a Congressman and a senior military officer, to the Department of Justice this April, and (upon my Omaha Rabbi reminding me of my duty as a citizen late this June) to a small set of journalists this summer. Ms. Carter was among them. Her two stories are accurate. Having confirmed Ms. Carter's two articles, I have fulfilled those citizenship obligations of which my Rabbi reminded me. I will speak no more on the subject. Instead, having lived in places lacking Rule of Law and having witnessed the consequences of its absence, I plan on sitting back and watching the United States Department of Justice re-establish Rule of Law in our country."
DLR IBM

Hot Stocks

19:01 EDT Digital Realty expands access to IBM Cloud in Australia - Digital Realty (DLR), an IBM (IBM) Cloud Direct Link partner, announced expanded access to IBM Cloud in Australia through the availability of IBM Cloud Direct Link Dedicating Hosting services in Sydney. The expansion in Sydney is expected to accelerate hybrid cloud adoption for local enterprises and enable them to take the next step in their hybrid cloud journeys. Australian customers can now access the IBM Cloud Direct Link Dedicated Hosting service through Digital Realty's 3.5-hectare data center campus on Templar Road in Erskine Park. The new low-latency service provides high-speed access to the IBM Cloud in Sydney with speeds up to 10 Gbit/s. The IBM Cloud data center is collocated on the Digital Realty campus in Sydney, further reducing latency for high-performance use cases.
DAVE...

Hot Stocks

18:58 EDT Fly Intel: After Hours Movers - UP AFTER EARNINGS: Famous Dave's (DAVE) up 13.6%... FlexShopper (FLEX) up 9.6%... Bloom Energy (BE) up 6.3%... Greenlane Holdings (GNLN) up 2.7%. ALSO HIGHER: Yield10 Bioscience (YTEN) up 21.3%. DOWN AFTER EARNINGS: Victory Capital (VCTR) down 20.2%... LRAD Corp (LRAD) down 10.6%... Tencent Music (TME) down 6.5%. ALSO LOWER: Portola Pharma (PTLA) down 4.8% after equity offering... Workiva (WK) down 4.7% after equity offering. Movers as of 18:45ET.
KDP

Hot Stocks

18:43 EDT Keurig Dr Pepper CEO: Tariffs likely to have short term impact - In an interview on CNBC's Mad Money, Keurig Dr Pepper CEO Bob Gamgort said: We feel like we're just getting started with Keurig machines... We have about a 70% market share of the ginger ale market... We're just getting started on our environmental initiatives... The biggest impact from the tariffs would be on the machines... The tariffs are likely to have a short term impact and we can mitigate them in 2020... We've spread our sourcing out of China.
TTWO

Hot Stocks

18:30 EDT Take-Two CEO: Our creative teams keep delivering - In an interview on CNBC's Mad Money, Take-Two CEO Strauss Zelnick said: We're really happy with how NBA 2K is doing... Borderlands 3 shaping up to be huge... It's disrespectful to blame entertainment for the recent tragedies in El Paso and Dayton.
IDXX

Hot Stocks

18:11 EDT Idexx Laboratories' Twigge sells 2,300 common shares - In a regulatory filing, Idexx Laboratires corporate VP Giovani Twigge disclosed the sale of 2,300 common shares of the company at a price of $274.44 per share.
TME

Hot Stocks

17:58 EDT Tencent Music drops over 6% after quarterly results, flat mobile MAU growth - Shares of Tencent Music had been down more than 8% earlier after reporting quarterly results. Shares fell after the company reported quarterly results that were slightly ahead of expectations but reported flat mobile monthly active user growth and a monthly ARPPU for online music lower than last year's Q2.
EA...

Hot Stocks

17:52 EDT EA says over half of week one 'Madden NFL 20' sell-through units were digital - Electronic Arts (EA) said that "Madden NFL 20," which rolled out earlier this month, is "taking the sports world by storm," as over 70% of players dove into Face of the Franchise: QB1 during the game's first week. The new mode shows 80% growth over last year's Longshot 2, the company said. EA also noted that the latest "Madden" had the highest final week of pre-orders in franchise history and that well over half of week one sell-through units were digital. Additionally, the number of games played in-game in the first week is up by double-digit percentages over last year. The game is available for Xbox One (MSFT), PlayStation 4 (SNE), and Origin for PC.
GLD

Hot Stocks

17:48 EDT SPDR Gold Shares holdings rise to 847.77MT to 839.85MT - This marks the highest level of holdings since May of 2018.
RF

Hot Stocks

17:48 EDT Regions Financial COO Owen sells 40,000 common shares - In a regulatory filing, Regions Financial senior executive VP and COO John B. Owen disclosed the sale of 40,000 common shares of the company at a price of $14.6254 per share.
RTLR

Hot Stocks

17:36 EDT Rattler Midstream CEO Travis Stice buys almost 6K in company shares - Rattler Midstream CEO Travis Stice disclosed in a filing that he had purchased 5,695 shares of company stock at an average price of $17.56 per share on August 9. The total transaction value of the purchase was $99,996.
ADMP

Hot Stocks

17:36 EDT 683 Capital Management reports 6.7% passive stake in Adamis Pharmaceuticals - In a regulatory filing, 683 Capital Management disclosed a 6.7% stake in Adamis Pharmaceuticals, which represents about 4.1M shares. The filing does not allow for activism.
ARE

Hot Stocks

17:27 EDT Alexandria Real Estate chairman sells 25K shares of common stock - In a regulatory filing, Alexandria Real Estate disclosed that its chairman Joel Marcus sold 25K shares of common stock on August 8th and 9th. The total transaction size was over $3.6M.
SYY

Hot Stocks

17:02 EDT Sysco confirms acquisition of J. Kings Food Service Professionals - Sysco announced it has acquired J. Kings Food Service Professionals, a New York broadline distributor with approximately $150M in annual sales. J. Kings' executives will continue to manage the business, including J. Kings' founder and chief customer officer, John King. Terms of the transaction were not disclosed.
UTHR

Hot Stocks

17:01 EDT Integrated Core Strategies reports 5.1% passive stake in United Therapeutics - In a regulatory filing, Integrated Core Strategies disclosed a 5.1% stake in United Therapeutics, which represents roughly 2.2M shares. The filing does not allow for activism.
LDOS

Hot Stocks

16:46 EDT Leidos wins task order to provide U.S. Army software engineering services - Leidos has been awarded a task order by the U.S. Army to provide software engineering services. The single-award task order has a one-year base period of performance, four one-year option periods, and a total value of $160M if all options are exercised. Work will be performed in Maryland and Oklahoma. Leidos will support the U.S. Army's Communications-Electronics Command Software Engineering Center by providing Post-Deployment and Post-Production software sustainment using SecDevOps engineering practices that improve mission readiness while reducing cost. With this task order, Leidos becomes responsible for the sustainment of mission command, radars and other systems used to observe and coordinate Army surface-to-surface fires. This includes all fielded versions of the Army's Advanced Field Artillery Tactical Data System software. The AFATDS provides critical artillery systems fire command and control capability for the U.S. Army and Marine Corps.
HSTM

Hot Stocks

16:40 EDT HealthStream director Jeffrey McLaren sells 5,000 shares of company stock - HealthStream director Jeffrey McLaren disclosed in a filing that he had sold 5,000 shares of company stock at $28.58 per share on August 12. The total transaction value of the sale was $142,907.
BWXT

Hot Stocks

16:37 EDT BWX Technologies chairman Fees sells 60,000 common shares - In a regulatory filing, BWX Technologies chairman John A. Fees disclosed the sale of 60,000 common shares of the company at a price of $57.15 per share.
NVLN

Hot Stocks

16:35 EDT Novelion Therapeutics to delay filing quarterly report on Form 10-Q - Novelion Therapeutics announced that it has determined that it will be unable to file its Quarterly Report on Form 10-Q for the quarter ended June 30, including the related management's discussion and analysis and CEO and CFO certifications by the filing deadline of August 14. In that regard, the company has filed a Form 12b-25 with the U.S. SEC. In addition, the company will not be able to file the Interim Disclosure within the subsequent five-day extension permitted by the rules of the SEC. The company plans to delay any earnings press release for the quarter ended June 30 until preparation of the Interim Disclosure is completed.
STZ.B STZ

Hot Stocks

16:35 EDT Constellation Brands to divest Black Velvet brand in $266M deal - Constellation Brands, Inc. announced that it has signed an agreement with Heaven Hill Brands to divest Black Velvet Canadian Whisky and the brand's associated production facility in Lethbridge, Alberta, Canada, along with a subset of Canadian whisky brands produced at that facility. The company expects to receive cash proceeds of approximately $266M, subject to closing adjustments. This transaction is subject to regulatory approvals and is expected to close in the second half of calendar 2019. "We are relentlessly focused on the consumer and building a portfolio of brands consumers love today, while pushing beyond to meet their evolving needs well into the future," said Bill Newlands, Constellation Brands president and chief executive officer. "This decision aligns with our consumer-led premiumization strategy to deliver accelerated growth and shareholder value as we continue to focus our wine and spirits portfolio on higher-end, fast-growing brands. For Heaven Hill, Black Velvet is a historic, well-known, and high-volume brand that complements their broad distilled spirits portfolio and aligns with their business strategy. The net sales for the brands included in the transaction totaled $67M during Constellation's fiscal year 2019, and the purchase price represents a multiple of gross profit after marketing in the range of eight to nine times.
JBLU

Hot Stocks

16:33 EDT JetBlue reports July traffic up 5.3% - JetBlue reported its preliminary traffic results for July 2019. Traffic in July increased 5.3% from July 2018, on a capacity increase of 5.6%. Load factor for July 2019 was 88.6%, a decrease of 0.3 points from July 2018. JetBlue's preliminary completion factor for July 2019 was 98.4% and its on-time performance was 70.2%. JetBlue continues to expect third quarter revenue per available seat mile to range between 0.5% and 3.5%.
MVBF

Hot Stocks

16:31 EDT MVB Financial announces new $5M stock repurchase program. - Under the new program, MVB is authorized to repurchase up to $5M of its outstanding shares of common stock over the next 12 months or until the purchase is fully absorbed, whichever date comes first. The new stock repurchase program does not require MVB to repurchase any specified number of shares of its common stock, and it may be discontinued, suspended or restarted at any time at MVB's discretion.
NSTG

Hot Stocks

16:29 EDT Morgan Stanley reports 11.1% passive stake in NanoString Technologies - In a regulatory filing, Morgan Stanley disclosed an 11.1% stake in NanoString Technologies, which represents nearly 4M shares. The filing does not allow for activism.
PRO

Hot Stocks

16:28 EDT Pros Holdings director Ronald Woestemeyer sells $54M in company shares - Pros Holdings director Ronald Woestemeyer disclosed in a filing that he had sold 750,000 shares of company stock at $72.15 per share on August 8.The total transaction value of the sale was $54,112,500.
VCTR

Hot Stocks

16:27 EDT Victory Capital initiates 5c per share quarterly dividend - Victory Capital announced the initiation of a quarterly cash dividend. The first dividend of 5c per share will be payable on September 25 to shareholders of record on September 10.
SPN

Hot Stocks

16:23 EDT Superior Energy receives NYSE non-compliance notice - Superior Energy Services announced it has received written notice from the NYSE that the company is not in compliance with the NYSE continued listing standard set forth in Rule 802.01C of the NYSE Listed Company Manual, which requires the average closing price of the company's common stock to be at least $1.00 per share over a period of 30 consecutive trading days. In accordance with applicable NYSE procedures, the company plans to timely notify the NYSE that it intends to cure the $1.00 per share deficiency and has six months following the receipt of the noncompliance notice to cure the deficiency and regain compliance with the NYSE continued listing requirement. The notice has no immediate impact on the listing of the company's common stock, which will continue to trade on the NYSE. The company intends to actively monitor the closing share price for its common stock and will explore available options, including a reverse stock split, to regain compliance.
BPL

Hot Stocks

16:22 EDT Trafigura, Buckeye get 1st crude deliveries from new Permian construction - Trafigura Trading and Buckeye Partners announced that Trafigura has received its first delivery of Permian crude oil from Plains All American's Cactus II pipeline at the Buckeye Texas Partners terminal in Corpus Christi, Texas. Trafigura and Buckeye have worked together to achieve early service commissioning and receipts, prior to full Cactus II operations, through connected infrastructure in the Eagle Ford basin. Further direct connections and interconnectivity, providing enhanced service capabilities, will be completed at Buckeye Texas Partners in Corpus Christi once the Cactus II pipeline is fully operational. This initial receipt by Trafigura into Buckeye assets represents the first deliveries from over three million barrels per day of new pipeline capacity being built into the broader Corpus Christi market. Trafigura, which offers customers a full chain logistics solution, and Buckeye, which has established an unparalleled Corpus Christi infrastructure position, are together helping provide market solutions to rapidly growing domestic production. "Trafigura has a significant long-term volume commitment to move crude oil from the Permian Basin via Cactus II," said Corey Prologo, Director of Trafigura Trading LLC, North America. "Today further builds our position as the leading exporter of U.S. crude oil and refined products as we utilize our global customer base and marketing skills to place barrels with end customers across the world."
NWPX

Hot Stocks

16:21 EDT Northwest Pipe awarded large steel pipe contract - Northwest Pipe Company announced it was selected by Garney Construction to supply both sections of the treated water pipeline for the Bois d'Arc Lake project, which represents over 22,000 tons of pipe. This portion of the project will convey treated water, from the new Leonard Water Treatment Plant currently under construction to existing pipeline infrastructure within North Texas Municipal Water District's service area. Manufacturing is scheduled to begin later this year following manufacturing completion of the previously awarded sections of the raw water pipeline.
AB

Hot Stocks

16:21 EDT AllianceBernstein reports preliminary AUM $585B as of July 31 - The 0.7% increase was due to market appreciation, as well as total firm-wide net inflows. By channel, Retail net inflows were partially offset by outflows from Institutions and Private Wealth.
UGI APU

Hot Stocks

16:20 EDT AmeriGas, UGI announce deadline for election of form of merger consideration - UGI Corporation (UGI) and AmeriGas Partners, L.P. (APU) announced that, in connection with UGI's proposed merger between a subsidiary of UGI and AmeriGas, the deadline for record holders of AmeriGas common units to elect the form of consideration they wish to receive in connection with the merger, subject to proration, is 5:00 p.m. Eastern Daylight Time on August 20, 2019, which is based on the current expectation that the merger will be completed on August 21, 2019.
EXPR RL

Hot Stocks

16:20 EDT Express names Sara Tervo as new EVP and CMO - Express (EXPR) announced that the company has appointed two officers to key roles in the organization. Malissa Akay has been named Executive Vice President and Chief Merchandising Officer; and Sara Tervo has been named Executive Vice President and Chief Marketing Officer. Both will join Express on September 9, 2019. Ms. Tervo joins Express from Justice where she had been Executive Vice President and Chief Marketing Officer since 2016. Ms. Akay was previously with Ralph Lauren (RL), where she held global merchandising roles from 2012 to 2016.
DAVE

Hot Stocks

16:20 EDT Famous Dave's says Q2 company-owned SSS declined 0.8% - Q2 company-owned same store net sales decreased 0.8%, driven by traffic decreases in Dine-In, partially offset by a 6.8% increase in To-Go same store net sales. Q2 domestic franchise-operated same store net sales increased 0.7% year-over-year. Franchise-operated system, including international units, increased by 0.5%.
CHRW UNFI

Hot Stocks

16:17 EDT C.H. Robinson names Mike Zechmeister new CFO - C.H. Robinson (CHRW) announced that Mike Zechmeister will be joining the company as CFO, effective September 3, 2019. Zechmeister will report to CEO Bob Biesterfeld. Zechmeister most recently served as CFO of United Natural Foods (UNFI).
TRVI

Hot Stocks

16:16 EDT Trevi Therapeutics reports Q2 net loss $7.3M - As of June 30, Trevi reported total cash and cash equivalents of $71.4M, compared to $7.2M as of December 31, 2018. Trevi believes this cash position will fund operations through the end of 2020. "We are pleased with the progress we made during the first half of 2019 advancing the development of nalbuphine ER and positioning Trevi for several important clinical milestones later this year and in 2020," said Jennifer Good, president and CEO of Trevi Therapeutics. "We remain on track to report top-line data from both our Phase 2b/3 PRISM trial of nalbuphine ER in patients with prurigo nodularis and from our Phase 2 trial of nalbuphine ER for the treatment of chronic cough in patients with idiopathic pulmonary fibrosis (IPF) in the first half of 2020. In addition, we remain on track to report data from our Phase 1b liver study of nalbuphine ER and initiate our Phase 2 study of nalbuphine ER for the treatment of levodopa-induced dyskinesia (LID) in patients with Parkinson's disease in the second half of 2019."
YUM

Hot Stocks

16:16 EDT Yum! Brands names David Gibbs next CEO, effective January 1 - Yum! Brands, Inc. announced that its Board of Directors has unanimously elected David Gibbs as Chief Executive Officer, effective January 1, 2020, and appointed him to the Company's Board, effective November 1, 2019. Gibbs, who currently serves as Yum! Brands President and Chief Operating Officer and oversees the global KFC, Pizza Hut and Taco Bell divisions, will succeed Greg Creed, who has announced his decision to retire at the end of 2019 after a 25-year career with the company. Creed has served as Yum! Brands CEO since January 2015. Creed remains CEO through the end of 2019 to ensure a smooth and seamless transition. He will serve as a part-time advisor next year and also remain on the Yum! Brands Board of Directors.
IVZ

Hot Stocks

16:16 EDT Invesco reports preliminary AUM $1.198T as of July 31 - An increase of less than 0.1%. The increase was driven by favorable market returns, higher money market AUM, non-management fee earning AUM inflows, and reinvested distributions, partially offset by foreign exchange and net long-term outflows. FX decreased AUM by $4.6B.
RMED

Hot Stocks

16:14 EDT Ra Medical Systems Inc trading resumes
UNFI

Hot Stocks

16:13 EDT United Natural Foods CFO Mike Zechmeister to resign, effective August 23 - United Natural Foods announced changes to its senior management team. Mike Zechmeister will resign his position as CFO, effective August 23, to pursue an opportunity outside the company. John Howard has been appointed Interim CFO while the company begins an internal and external search for Zechmeister's permanent replacement. Howard joined UNFI in July as Senior Vice President, Finance and Accounting. Howard brings more than 20 years of experience leading finance teams, most recently as Interim CFO for Prime Therapeutics.
RHP

Hot Stocks

16:12 EDT Ryman Hospitality CEO Reed acquires over 13,000 common shares - In a regulatory filing, Ryman Hospitality Properties chairman and CEO Colin V. Reed disclosed the acquisition of 13,585 common shares of the company at a price of $79.30 per share.
PRSP

Hot Stocks

16:11 EDT Perspecta awarded IDIQ contract from NGA valued at up to $824M - Perspecta announced that it has received a single award Indefinite Delivery, Indefinite Quantity contract from the National Geospatial-Intelligence Agency to perform full life cycle systems engineering and integration work. The contract has a five year ordering period with a maximum ceiling value of $824M. Perspecta also received the first task order on the contract, valued at $223M, and began performing the services at the end of July.
BNFT

Hot Stocks

16:11 EDT Brown Brothers Harriman reports 5.55% passive stake in Benefitfocus - Brown Brothers Harriman disclosed a 5.55% stake in Benefitfocus, which represents over 1.81M shares. The filing does not allow for activism.
KNSA

Hot Stocks

16:11 EDT Kiniksa announces interim results from Phase 1b KPL-716 trial - Kiniksa announced interim repeated-single-dose Phase 1b clinical data for KPL-716, an investigational fully-human monoclonal antibody that targets oncostatin M receptor beta, or OSMRbeta. In this clinical trial, weekly subcutaneous, or SC, doses of KPL-716 resulted in a rapid and sustained reduction in pruritus throughout the 12-week treatment period but also a higher rate of atopic dermatitis flares. The results support Kiniksa's ongoing development of KPL-716 in a Phase 2a clinical trial for prurigo nodularis and an exploratory Phase 2 clinical trial in diseases characterized by chronic pruritus. The repeated-single-dose Phase 1b clinical trial used a weekly 360 mg SC dose in a randomized, double-blind, placebo-controlled design in order to evaluate safety and exploratory disease response markers. The 360 mg SC dose was intended to replicate and extend exposures from the prior single-ascending-dose Phase 1b clinical trial where an early signal of efficacy was observed in reducing pruritus after a single 7.5 mg/kg intravenous dose. In the repeated-single-dose Phase 1b clinical trial, 43 subjects with moderate-to-severe atopic dermatitis were enrolled and randomized 1:1 to KPL-716 or placebo once weekly for 12 weeks. There was a seven-day wash out period of all other therapies before treatment, and topical corticosteroids were not allowed throughout the 12-week treatment period. However, rescue medication was available for atopic dermatitis flares throughout the study. In an interim analysis of the data through the 12-week treatment period, KPL-716 showed a rapid and sustained reduction in Worst-Itch Numeric Rating Scale, or WI-NRS, in subjects with moderate-to-severe atopic dermatitis. Mean change from baseline in weekly-average WI-NRS at Week 1 was -28.1% in KPL-716 recipients compared to -6.8% in placebo recipients. Mean change from baseline in weekly-average WI-NRS at Week 12 was -55.0% in KPL-716 recipients compared to -30.9% in placebo recipients. Overall, 52.6% of KPL-716 recipients demonstrated a four-point reduction in weekly-average WI-NRS at Week 12 compared to 26.3% of placebo recipients. There was no meaningful benefit of repeated-single-doses of KPL-716 on other efficacy endpoints specific to atopic dermatitis, including Eczema Area and Severity Index, or EASI and Scoring Atopic Dermatitis, or SCORAD. There were no serious adverse events. However, there were more atopic dermatitis flares in the KPL-716-treated population versus placebo through the 12-week treatment period; all subjects who experienced a flare were successfully managed with topical corticosteroids. KPL-716 was otherwise well-tolerated by all subjects.
WMGI

Hot Stocks

16:11 EDT Wright Medical CEO Palmisano acquires over 46,000 ordinary shares - Wright Medical president and CEO Robert J. Palmisano disclosed the acquisition of 46,654 ordinary shares of the company at a price of $21.386 per share.
ECOR

Hot Stocks

16:10 EDT electroCore enters distribution agreement with Doctor's Medical - electroCore announced the company has entered into an exclusive contract with Doctor's Medical, LLC for distribution rights to gammaCore for patients with workers' compensation injuries and automobile personal injury claims. This agreement opens access to gammaCore for millions of workers who have been injured as part of a workers' compensation-related injury and who have injury-related headache pain.
MN

Hot Stocks

16:10 EDT Manning & Napier reports preliminary AUM $21B as of July 31 - Compared with $21.3B at June 30.
KURA

Hot Stocks

16:09 EDT Kura Oncology appoints Kathleen Ford COO - Kura Oncology (KURA) announced the appointment of Kathleen Ford as COO, effective immediately. Ford replaces John Farnam, who is stepping down from his position to pursue other interests. Ford joins Kura with over 30 years of biopharmaceutical experience supporting pipeline development. She was most recently senior VP, Head of Global Clinical Operations, at Merck Serono, a division of Merck KGaA (MKKGY).
ITRI

Hot Stocks

16:07 EDT Itron selected by Western Power for Australia electricity meter project - Itron announced that Western Power, a government owned utility located in the south west of Western Australia, will deploy its standards-based network technology, connecting nearly 240,000 electricity meters. With Itron's solution, Western Power will enhance visibility into the operation of its electricity distribution network, which will enable automated data collection, new remote services and the ability to monitor faults and outages. The solution will also enable Western Power to manage distributed energy resources, including managing rooftop solar systems and battery storage.
UPS

Hot Stocks

16:07 EDT UPS CFO Richard Peretz to retire, Brian Newman to succeed as CFO - UPS (UPS) announced Richard Peretz, UPS CFO, plans to retire. Brian Newman, currently executive VP, Finance and Operations, Latin America for PepsiCo (PEP), has been appointed UPS CFO, effective September 16. Peretz will remain with the company through December 2019 to assist Newman to ensure a smooth transition period.
GVP SO

Hot Stocks

16:06 EDT GSE Systems delivers 3 new full-scope simulators to Southern Nuclear - GSE Systems (GVP) announced that it has completed delivery and commissioning of three additional full-scope simulators for Southern Nuclear's (SO) new Operations Training Centers. These new simulators reflect Southern's commitment to modernize, optimize and expand their fleet's operator training program. This Southern Nuclear project is the largest single nuclear simulator project in the US in the past 30 years and included three new replica simulators for the Alvin W. Vogtle Electric Generating Plant, Edwin I. Hatch Nuclear Plant and the Joseph M. Farley Nuclear Plant. These additional simulators will add flexible scheduling and increased capacity that can drive operator performance. The simulators will also offer more availability to each plant's engineering and maintenance staff, who find the simulators useful for virtually commissioning plant changes, validating plant procedures, management certification, and a variety of other training activities. In addition, the simulators have been upgraded with some of GSE's latest technology, including the new OpenSim 7.0 simulator operating system and enhanced containment modeling program and GSE's PSA-HD program to train operators on beyond design basis events.
MMLP

Hot Stocks

16:04 EDT Martin Midstream Partners sells East Texas Pipeline - Martin Midstream Partners L.P. announced the sale of its East Texas Pipeline to an undisclosed buyer. The net proceeds of approximately $17.5M will be used to reduce outstanding borrowings under the Partnership's revolving credit facility. Ruben Martin, CEO of Martin Midstream GP, the general partner of the Partnership said, "The East Texas Pipeline sale is one more step along the Partnership's strategic path of selling non-core assets and using the proceeds to reduce leverage. In addition, this transaction is immediately accretive as the Pipeline has been idle since September 2018 producing a trailing twelve months net loss and negative EBITDA of approximately $1.6M and $0.9M, respectively."
SYK

Hot Stocks

16:03 EDT Stryker adjusts commercial organizational structure - Stryke rannounced an adjustment to its commercial organizational structure. Spencer S. Stiles will serve as Group President of Orthopaedics and Spine and will oversee Stryker's Joint Replacement, Trauma & Extremities and Spine divisions. J. Andrew Pierce, Group President of MedSurg and Neurotechnology will oversee Stryker's Instruments, Medical, Endoscopy, Sustainability and Neurotechnology businesses. Mr. Stiles and Mr. Pierce have both served at Stryker for over 20 years and will continue to report to Timothy J. Scannell, President and Chief Operating Officer in their newly expanded roles. Since August of 2018, Mr. Scannell has been responsible for all of the company's commercial businesses and regions. This change will further accelerate the globalization and collaboration opportunities being unlocked in this structure and leverage the diverse experience of these leaders.
JAZZ

Hot Stocks

16:02 EDT Jazz Pharmaceuticals announces acquisition of Cavion - Jazz Pharmaceuticals announced the acquisition of Cavion through a merger with a Jazz subsidiary. Under the terms of the agreement, the former Cavion shareholders receive an upfront payment of $52.5M and have the potential to receive additional payments of up to $260M upon the achievement of certain clinical, regulatory and commercial milestones, for a total potential consideration of $312.5M.
MU

Hot Stocks

16:02 EDT Micron sees demand coming back, helping with inventory levels - Shares of Micron (MU) were on the rise in late trading on Monday as the company's CFO spoke during the KeyBanc Capital Markets 21st Annual Technology Leadership Forum. David Zinsner said that "demand has come back," and sees inventory levels coming down in the fourth quarter and during fiscal year 2020. DEMAND HELPING WITH INVENTORY LEVELS: During the KeyBanc technology leadership forum, Zinsner said that, "We've been through a couple of quarters of a downward cycle caused by a few different factors. We've had inventory building at some clients, CPU shortages that impact client space, some less than robust sales for high-end cellphones and handhelds which impacted and that put a lot of pressure on the demand side of the equation of our business. [...] Still, we still had a pretty good quarter. We would've hit the high point of guidance if it hadn't been for the situation with Huawei and hadn't stopped shipments." Discussing the current year, Zinsner noted that the "only thing that you can take away as negative is inventory levels." The company expect to have inventory come down in the fourth quarter - at least down to 140 days - noting that Micron has "a pretty good path to bring it down during fiscal year 2020." "And what is helping us is demand has come back. [...] We're also seeing very good elasticity in NAND and that demand is also helping improve our inventory demand," the company's CFO added. The company acknowledged that it didn't expect to see the level of decline for DRAM, NAND seen this cycle. Over the next 10 years, Micron sees opportunities in the cloud cycle as "we move into AI," 5G and autonomous driving, added the executive. TRADE WAR: Asked about the current U.S.-China trade war, Zinsner said that, Micron has "a global footprint." He added: "To the extent that this trade disputes manifest in a more expensive way, we do have the flexibility to move things around [...] These issues do cause some economic turmoil. We have to be flexible regarding our expectations." PRICE ACTION: In late afternoon trading, shares of Micron gained about 1.5% to $42.14.
VRAY

Hot Stocks

16:02 EDT HealthCor Management reports 5.13% passive stake in ViewRay - In a regulatory filing, HealthCor Management disclosed a 5.13% stake in ViewRay, which represents over 5M shares. The filing does not allow for activism.
RMED

Hot Stocks

15:56 EDT Ra Medical Systems reports audit committee investigation - The Audit Committee of Ra Medical's Board of Directors has commenced an independent investigation in connection with an anonymous complaint, the company announced. "The Audit Committee of the Board of Directors is responsible for investigating the allegations and has retained independent counsel to assist it in the process. The investigation is not yet completed and no conclusions with respect thereto have been reached. Ra Medical cannot predict the duration or outcome of the investigation, and the Company will not be in a position to file the Form 10-Q until the Audit Committee completes its work," Ra Medical stated.
RMED

Hot Stocks

15:55 EDT Ra Medical Systems discloses finding inconsistencies in manufacturing - Ra Medical Systems stated: "In the fourth quarter of 2018 and first quarter of 2019, Ra Medical experienced inconsistencies in its DABRA catheter manufacturing process, due to issues controlling the temperature of the oven used in that process, which had an adverse impact on revenue during the fourth quarter of 2018 and the first half of 2019. In response, Ra Medical upgraded its temperature control regulator and made certain changes in its production flow and validated the changes that Ra Medical believed corrected the production limitations. After manufacturing several well-performing lots with this upgraded process, Ra Medical is again experiencing inconsistent performance. The percentage of catheters that fail to calibrate at customer sites prior to a procedure being performed began to increase after decreasing during April and May 2019. Ra Medical is fully committed to resolving the inconsistencies in performance, but until these are fully resolved, our DABRA sales may continue to be adversely impacted."
RMED

Hot Stocks

15:54 EDT Ra Medical Systems reports CEO Dean Irwin terminated without cause - Ra Medical announced that Dean Irwin was terminated without cause from his position as Ra Medical's CEO, Co-President, and Chief Technology Officer, and as Chairman of Ra Medical's Board of Directors. Andrew Jackson, currently serving as CFO, has been appointed to serve as Interim CEO while the company continues its search for a permanent CEO.
MU

Hot Stocks

15:50 EDT Micron says demand coming back, helping with inventory levels - Said "different factors" put a "lot of pressure" on demand. Said it would've hit the high point of guidance if it hadn't been for the situation with Huawei" and stopping shipments. Said it expects inventory levels to come down in Q4, during fiscal year 2020. Said demand coming back has helped. Sees "very good elasticity in NAND." Said U.S.-China trade disputes "do cause some economic turmoil," but global footprint provides "flexibility to move things around." Comments made during KeyBanc Capital Markets 21st Annual Technology Leadership Forum on Monday.
PEGI

Hot Stocks

15:42 EDT Pattern Energy up 8% after Bloomberg says suitors showing takeover interest
MU

Hot Stocks

15:26 EDT Micron sees autonomous vehicles driving more content - Said didn't expect to see the level of decline for DRAM, NAND seen this cycle. Said investing to bring more assembly in-house. Over the next 10 years, Micron sees opportunities in the cloud cycle as "we move into AI," 5G and autonomous driving. Comments made during KeyBanc Capital Markets 21st Annual Technology Leadership Forum on Monday.
PYPL

Hot Stocks

15:23 EDT PayPal's Venmo announces launch of Instant Transfer to bank accounts - In a post to its corporate blog earlier, PayPal's Venmo unit announced "another way for you to instantly access your funds!" The post stated in part: "This may sound familiar- and it is. Last year we launched Instant Transfer via debit card, allowing users to transfer the money in their Venmo account to their eligible Visa and Mastercard debit card within minutes for a 1% fee...We've seen a great response from the Venmo community, so we're thrilled to now offer Instant Transfer to your bank account within minutes for the same small fee. We also will continue to offer our free standard bank transfer which typically takes 1-3 business days." Reference Link
MU

Hot Stocks

15:21 EDT Micron up 1% as CFO presents at KeyBanc conference - Micron CFO David Zinsner is presenting at the KeyBanc Capital Markets 21st Annual Technology Leadership Forum. While he is presenting, shares of Micron have moved into positive territory in afternoon trading.
RMED

Hot Stocks

14:11 EDT Ra Medical Systems Inc trading halted, news pending
NBLX NBL

Hot Stocks

13:50 EDT Noble Midstream announces resignations of CEO, COO - In a regulatory filing earlier, Noble Midstream Partners (NBLX) reported that Terry Gerhart and John Nicholson each resigned on Friday, August 9, as, respectively, a director and CEO and COO, of Noble Midstream GP LLC, the general partner of Noble Midstream Partners LP, in order to pursue other business opportunities. "Both resigned amicably and not because of any disagreement with the General Partner or the Partnership relating to any operations, policies or practices of the General Partner or the Partnership," the filing stated. Brent Smolik will continue to manage the Partnership and has been appointed CEO of the General Partner effective August 11. Smolik is currently a director of the General Partner and President and Chief Operating Officer of Noble Energy (NBL), positions he has held since November 2018.
S TMUS

Hot Stocks

13:22 EDT Oregon joins lawsuit to block T-Mobile acquisition of Sprint - New York Attorney General Letitia James said via Twitter, "BREAKING: Oregon has joined our lawsuit to block the megamerger of telecommunications giants T-Mobile & Sprint. Our 16-state coalition knows that this deal is bad for consumers, bad for workers, & bad for innovation. We remain committed to blocking this anticompetitive merger."
CMCSK CMCSA

Hot Stocks

13:03 EDT Comcast Advertising appoints Joel Armijo as CFO - Comcast Advertising, the advertising arm of Comcast Cable, a division of Comcast Corporation, announced the appointment of Joel Armijo as senior vice president and chief financial officer. In this position, Armijo will lead the creation and execution of the company's financial vision, strategy and operations and work closely with Comcast Advertising leadership to drive business performance and success. He begins his new role this month and reports to Marcien Jenckes, President, Advertising, Comcast Cable. He joins Comcast Advertising from fuboTV, a sports centric live TV streaming service.
SSNLF

Hot Stocks

12:26 EDT Samsung introduces new 108-MP image sensor for smartphone cameras - Samsung Electronics introduced 108 megapixel Samsung ISOCELL Bright HMX, the first mobile image sensor in the industry to go beyond 100 million pixels. With the latest addition, Samsung will expand its 0.8mum image sensor offerings from its recently announced ultra-high 64Mp to 108Mp, a resolution equivalent to that of a high-end DSLR camera. Samsung ISOCELL Bright HMX is a "one-of-a-kind" mobile image sensor and is the result of close collaboration between Xiaomi Corp. and Samsung, the company said. "With over 100 million effective pixels enabling extremely sharp photographs rich in detail, the ISOCELL Bright HMX also produces exceptional photos even in extreme lighting conditions," Samsung said in a statement. "Being the first mobile image sensor to adopt a large 1/1.33-inch size, the HMX can absorb more light in low-lit settings than smaller sensors and its pixel-merging Tetracell technology allows the sensor to imitate big-pixel sensors, producing brighter 27Mp images. In bright environments, the Smart-ISO, a mechanism that intelligently selects the level of amplifier gains according to the illumination of the environment for optimal light-to-electric signal conversion, switches to a low ISO to improve pixel saturation and produce vivid photographs. The mechanism uses a high ISO in darker settings that helps reduce noise, resulting in clearer pictures. For advanced filming, the HMX supports video recording without losses in field-of-view at resolutions up to 6K (6016 x 3384) 30-frames-per-second (fps)." Mass production for Samsung ISOCELL Bright HMX will begin later this month. Reference Link
CEPU

Hot Stocks

12:00 EDT Central Puerto falls -55.5% - Central Puerto is down -55.5%, or -$4.97 to $3.99.
LOMA

Hot Stocks

12:00 EDT Loma Negra falls -57.5% - Loma Negra is down -57.5%, or -$7.40 to $5.48.
EDN

Hot Stocks

12:00 EDT Edenor falls -58.1% - Edenor is down -58.1%, or -$10.86 to $7.84.
AGS

Hot Stocks

12:00 EDT PlayAGS rises 11.1% - PlayAGS is up 11.1%, or $1.01 to $10.19.
GSX

Hot Stocks

12:00 EDT GSX Techedu rises 11.3% - GSX Techedu is up 11.3%, or $1.51 to $14.87.
GTT

Hot Stocks

12:00 EDT GTT Communications rises 16.8% - GTT Communications is up 16.8%, or $1.13 to $7.84.
MSON

Hot Stocks

11:23 EDT Misonix announces CE Mark approval for Nexus - Misonix announced that it has received Conformite Europeene Mark approval for Nexus. The CE marking confirms that Nexus meets the requirements of the European Medical Devices Directive, which now allows Misonix to commercialize Nexus and its disposable products across the European Union and other CE Mark geographies.
CBS...

Hot Stocks

11:01 EDT CBS, Viacom deal 'includes extended contract' for Joe Ianiello, Gasparino says - Fox Business Network's Charles Gasparino said via Twitter that a reported deal between CBS (CBS) and Viacom (VIAB) includes an extended contract for CBS acting CEO Joe Ianniello. Gasparino said, "Joe would oversee all CBS branded content; he would report to Bob Bakish as an equal to together unit chiefs who report to him under the terms of the deal that execs are working to announce after the bell today but may bleed into tomorrow." Reference Link
SYY

Hot Stocks

10:27 EDT Sysco lowers 3-year adjusted operating income growth view to approx. $600M - Previous view was the low end of the $650M-$700M range.
SYY

Hot Stocks

10:26 EDT Sysco says July has had 'some of the same softness' as Q4
SYY

Hot Stocks

10:19 EDT Sysco says to acquire NY-based distributor J King's Food Service Professionals - Terms of the deal were not disclosed.
SYY

Hot Stocks

10:07 EDT Sysco says consumer confidence 'still remains solid' - Comments taken from Q4 earnings conference call.
REGN

Hot Stocks

10:06 EDT Regeneron says Ebola trial ended early after treatment shows superiority to SoC - Regeneron Pharmaceuticals announced that the company was informed by study investigators that a randomized, controlled trial evaluating four investigational therapies for Ebola virus infection was stopped early because REGN-EB3 was superior to ZMapp in preventing death. ZMapp served as the control arm of the trial because it was considered the standard-of-care based on the previous PREVAIL II clinical trial, the company noted. The protocol specified that the PALM trial would only be stopped early for a highly statistically significant result. The independent data safety monitoring board decided to stop the trial after reviewing interim mortality data from 499 patients. The trial was conducted in the Democratic Republic of Congo, where the current outbreak is ongoing. Neil Stahl, Executive Vice President of Research and Development at Regeneron, said, "We are moved to know our therapy is helping save the lives of people facing this deadly infectious disease. We look forward to reviewing the trial data and are working with governments and other collaborators, including BARDA, to make REGN-EB3 available for the current outbreak and future use."
ACN

Hot Stocks

10:00 EDT Accenture agrees to acquire design and innovation firm Insitum - Accenture has entered into an agreement to acquire INSITUM, a service design and strategic research firm focused on innovation through a human-centered approach. Accenture says the acquisition will strengthen Accenture Interactive's position as a leading Experience Agency in the region by expanding the services of its design and innovation unit, Fjord, in Latin America and beyond. Completion of the INSITUM acquisition is subject to customary closing conditions, including antitrust clearance. Financial terms of the agreement have not been disclosed.
GTT

Hot Stocks

10:00 EDT GTT Communications rises 9.1% - GTT Communications is up 9.1%, or 61c to $7.32.
AGS

Hot Stocks

10:00 EDT PlayAGS rises 10.0% - PlayAGS is up 10.0%, or 92c to $10.09.
FTCH

Hot Stocks

10:00 EDT Farfetch rises 14.4% - Farfetch is up 14.4%, or $1.46 to $11.59.
SYY

Hot Stocks

09:58 EDT Sysco provides updated three-year plan guidance - Sees adjusted EPS growth about 15%, with sales up 3.5%-4% and adjusted operating income growth of about 8%, to about $600M.
SYY

Hot Stocks

09:57 EDT Sysco says exceeded $60B in revenue for FY19 - Says exceeded $60B in revenue for FY19. Says participating in "strategic" M&A. Says taking "balanced" approach to debt paydown and opportunistic share repurchases. Comments from slides being presented on the Q4 earnings conference call.
LOMA

Hot Stocks

09:51 EDT Loma Negra Compania Argentina S.A. trading resumes
EDN

Hot Stocks

09:51 EDT Empresa Distribuidora Y Comercializadora Norte trading resumes
PAM

Hot Stocks

09:48 EDT Pampa Energia S.A. trading resumes
SUPV

Hot Stocks

09:47 EDT Grupo Supervielle falls -50.3% - Grupo Supervielle is down -50.3%, or -$3.85 to $3.81.
BBAR

Hot Stocks

09:47 EDT Balance BAR falls -51.2% - Balance BAR is down -51.2%, or -$6.17 to $5.88.
LOMA

Hot Stocks

09:47 EDT Loma Negra falls -54.7% - Loma Negra is down -54.7%, or -$7.04 to $5.84.
CO

Hot Stocks

09:47 EDT Global Cord Blood rises 5.1% - Global Cord Blood is up 5.1%, or 28c to $5.79.
CISN

Hot Stocks

09:47 EDT Cision rises 6.9% - Cision is up 6.9%, or 46c to $7.11.
FTCH

Hot Stocks

09:47 EDT Farfetch rises 7.6% - Farfetch is up 7.6%, or 77c to $10.90.
IRS

Hot Stocks

09:46 EDT IRSA Inversiones and Representaciones trading resumes
LOMA

Hot Stocks

09:45 EDT Loma Negra Compania Argentina S.A. trading halted, volatility trading pause
EDN

Hot Stocks

09:45 EDT Empresa Distribuidora Y Comercializadora Norte trading halted, volatility trading pause
PAM

Hot Stocks

09:42 EDT Pampa Energia S.A. trading halted, volatility trading pause
IRS

Hot Stocks

09:41 EDT IRSA Inversiones and Representaciones trading halted, volatility trading pause
CCL

Hot Stocks

09:26 EDT Carnival names Names Peter Anderson as Chief Ethics and Compliance Officer - Carnival announced the appointment of Peter Anderson to the newly created position of chief ethics and compliance officer. Based at the company's headquarters in Miami, Anderson will be a member of the executive leadership team and report directly to Carnival Corporation President and CEO Arnold Donald. Anderson is a former federal prosecutor with over 20 years of experience in corporate compliance. He had previously been the head of the White Collar and Compliance Group at the law firm of Beveridge & Diamond, PC, and was initially engaged by Carnival to conduct a compliance program assessment. Anderson also led the environmental compliance team on the Volkswagen monitorship over the past two years.
FNHC

Hot Stocks

09:16 EDT Federated National enters into cooperation agreement with Capital Returns - The Board of Directors of FedNat Holding Companyannounced that two insurance industry experts, David Michelson and David Patterson, have been selected as candidates to serve on the Board as new, independent directors. As soon as their appointments have satisfied insurance regulatory review, the Board will immediately expand to nine members and Michelson and Patterson will become directors. David Michelson is a 26-year veteran of publicly traded specialty property and casualty insurer National Interstate Corporation, where he served as President and CEO from 2008 until 2016. Most recently David Patterson served as President and Chairman of ESIS. FedNat also announced it has entered into a cooperation agreement with its third largest shareholder, Capital Returns Management, LLC. Today's appointments of Michelson and Patterson were made as part of the agreement, which also provides that Capital Returns will abide by certain customary standstill and voting provisions lasting approximately one year. In addition to the appointments of Messrs. Michelson and Patterson and the agreement with Capital Returns, the Company announced that the Company's 2019 annual meeting of shareholders will be held on October 17, 2019. The Company will deliver a proxy statement to shareholders containing information regarding the Board's nominees and other matters in advance of the 2019 Meeting.
MELI ARGT

Hot Stocks

09:14 EDT MercadoLibre sinks after pro-business Argentina president loses primary - Shares of MercadoLibre (MELI) are sinking after Argentina's President Mauricio Macri, who is known for being pro-business, lost a primary election on Sunday. In a nationwide primary, Macri received 32% support versus 47% for his opponent, Alberto Fernandez, with more than 80% of the ballots counted, the government said, according to the Wall Street Journal. Fernandez is a member of the Peronist movement whose vice presidential running mate is ex-President Cristina Kirchner, the "firebrand nationalist," according to the Journal. Shares of MercadoLibre (MELI), whose new fintech business is in Argentina, are down 10%, or $66.10, to $624.00 in premarket trading. The Global X MSCI Argentina ETF (ARGT) is down 20%, or $6.75, to $26.61.
CANN

Hot Stocks

09:13 EDT General Cannabis appoints Seth Oster to board of directors - General Cannabis Corporation announced that veteran communications and public affairs executive Seth Oster has been elected to its Board of Directors. He currently serves as Global Chief Communications Officer at talent and entertainment company United Talent Agency.
SPTN

Hot Stocks

09:12 EDT SpartanNash exits Fresh Kitchen operations - SpartanNash announced that it has made the decision to exit its Indianapolis-based Fresh Kitchen operations to improve operating earnings and EBITDA results, within the food distribution segment. The company will shift its focus and expertise to its produce distribution and Fresh Cut operations. The Fresh Kitchen, which was acquired in 2017 as part of SpartanNash's acquisition of Caito Foods, is a newly constructed facility that cooks and packages fresh protein-based foods and complete meal solutions for a number of different customers. The annual net sales impact of exiting the Fresh Kitchen operations will be approximately $20M. The company expects to complete its transition by the end of FY19.
IVITF

Hot Stocks

09:11 EDT Invictus MD says Gene Simmons abdicates position as chief evangelist officer - INVICTUS MD STRATEGIES announced Gene Simmons has abdicated his position as the company's Chief Evangelist Officer. Simmons continues to be a shareholder in Invictus.
CTST...

Hot Stocks

09:10 EDT Fly Intel: Pre-market Movers - UP AFTER EARNINGS: Evolus (EOLS), up 2%... Barrick Gold (GOLD), up 2%. DOWN AFTER EARNINGS: The Stars Group (TSG), down 1%. ALSO LOWER: CannTrust (CTST), down 28% after receiving a report from Health Canada notifying the company that its manufacturing facility in Vaughan, Ontario has been rated non-compliant with certain regulations... CooTek (CTK), down 13% after lowering Q2 guidance due to the difficulties that the company is experiencing in collecting its consideration from Google (GOOGL) and therefore the inability to recognize the corresponding advertising revenues for the last two months of the quarter as a result of Google's decision in mid-July to temporarily disable the company's global portfolio apps... NIO Inc. (NIO), down 3% after reporting July deliveries of 837 vehicles... Entercom (ETM), down 15% after lowering its quarterly dividend to 2c from 9c per share.
ALEC

Hot Stocks

09:10 EDT Alector appoints Kristine Yaffe to board of directors - Alector announced the addition of Kristine Yaffe, M.D., to the Company's board of directors. Yaffe is the Scola Endowed Chair and Vice Chair, professor of psychiatry, neurology and epidemiology and the director of the Center for Population Brain Health at the University of California, San Francisco.
CNSL

Hot Stocks

09:09 EDT Consolidated Communications launches CCiTV in Southern Maine - Consolidated Communications introduced CCiTV, a new TV service that provides TV programming to customers when they want it, where they want it and how they want it. Consolidated's new service will supply viewing content from nearly 200 live local, national and premium channels. CCiTV will provide next-generation advancements in viewing, including restart/replay TV, voice-activated remote controls, high definition with 4K compatibility and cloud-based DVR storage to enable viewing of content anytime, anywhere.
INMB

Hot Stocks

09:08 EDT INmune Bio expects to start enrollment for Phase I study of XPro1595 in 2H19 - The company said, "INmune anticipates it will start patient enrollment in the Phase I study of XPro1595 for the treatment of Alzheimer's disease and INKmune, INmune Bio's NK cell therapy focused on eliminating residual disease after cancer therapy, in the second half of 2019."
GS

Hot Stocks

09:06 EDT Goldman Sachs enters strategic partnership with Core Spaces - Core Spaces announced its partnership with affiliates of the Merchant Banking Division of Goldman Sachs to recapitalize and develop a portfolio of nine assets, valued at more than $600M. The portfolio consists of seven operating assets and two buildings under development - totaling over 4,300 beds. Goldman Sachs and Core Spaces view this initial transaction as the first step towards their commitment to building a joint-venture portfolio of best-in-class housing assets across the U.S. This relationship is a continuation of a trend in the institutionalization and maturation of the student-housing industry and another substantial commitment by a leading investor in the sector.
SPTN

Hot Stocks

09:05 EDT SpartanNash CEO Dave Staples resigns, Dennis Eidson named interim CEO - SpartanNash announced that its board has appointed the company's chairman, Dennis Eidson, to the additional roles of interim president and CEO, effective immediately. Eidson will serve in these additional roles until the next CEO is identified. Eidson served as CEO from 2008-2017 and previously served as SpartanNash's president, COO and executive VP of marketing and merchandising during his 16-year tenure with the company. The board also announced that it has accepted the resignation of president and CEO, Dave Staples, who is leaving the company and the SpartanNash board.
HMHC

Hot Stocks

09:03 EDT Houghton Mifflin names Mike Evans as Chief Revenue Officer - Houghton Mifflin announced that it has appointed Mike Evans as its first Chief Revenue Officer. In this newly created position, Evans will be responsible for HMH's K-12 go-to-market strategy and customer lifecycle through the leadership of a new customer-focused organization at HMH. A veteran of the K-12 education space, Evans brings decades of leadership experience to the table, most recently as Chief Financial Officer at McGraw Hill Education, where he was instrumental in affecting its proposed merger with Cengage.
YTEN

Hot Stocks

08:50 EDT Yield10 Bioscience announces notice of allowance for U.S. patent covering C4001 - Yield10 Bioscience announced that it has received a Notice of Allowance from the U.S. Patent and Trademark Office allowing its patent application covering the use of C4001 to improve productivity in crops. The Notice of Allowance relates to Yield10's U.S. patent application US15/897,958 titled "Transcriptional Regulation for Improved Plant Productivity." This patent application describes the C4001 yield trait, which is based on the discovery of novel transcription factor genes in plants where an increase in the productivity of photosynthesis results in significant increases in biomass yield and stress tolerance. In the second quarter of 2019, the China National Intellectual Property Administration also granted Yield10 a patent on C4001.
PCOM

Hot Stocks

08:49 EDT Points International announces TSX approval to repurchase up to 5% of shares - Points International announced that the Toronto Stock Exchange has accepted its notice of intention to make a normal course issuer bid to repurchase up to 679,034 of its common shares, representing approximately 5% of its 13,580,692 common shares issued and outstanding as of July 31, 2019. Points has entered into an automatic share purchase plan with a broker in order to facilitate the Repurchase. The primary purpose of the Repurchase is purchases for cancellation. Under the automatic share purchase plan, Points' broker may repurchase shares at times when Points would ordinarily not be permitted to due to regulatory restrictions or self-imposed blackout periods. Repurchases will be made from time-to-time at the broker's discretion based upon parameters prescribed by the parties' written agreement. Repurchases may be effected through the facilities of the TSX, the NASDAQ Capital Market or other alternative trading systems in the United States and Canada. The Repurchase will commence on August 14, 2019 and will terminate on August 13, 2020. Under its previous normal course issuer bid, as of July 31, 2019, Points purchased 684,061 common shares with a weighted average price of Cdn $15.73 per share through the facilities of the TSX, NASDAQ and other alternative trading systems in the United States and Canada. Points' previous normal course issuer bid commenced on August 14, 2018 and will terminate on August 13, 2019.
CVSI

Hot Stocks

08:47 EDT CV Sciences CEO 'disappointed' by market's reaction to Q2 results - CV Sciences released a letter to shareholders from CEO Joseph Dowling. The letter read in part, "Last week we issued our second quarter results, reporting the highest quarterly revenue in our company's history, continuing a streak of 14 consecutive quarters of sequential revenue growth. This consistent growth is a reflection of the strength of the PlusCBD Oil brand and our growing distribution across retail channels. Year to date, we have more than doubled the number of retail doors where PlusCBD Oil products are carried, and we continue to enjoy a strong pipeline of new distribution opportunities. The fundamentals of our business are strong and our opportunity grows daily as consumer demand for hemp-based CBD products continues to expand at a rapid rate. We are proud of our second quarter results, but like you, we are disappointed by the market's reaction. We pride ourselves on giving comprehensive quarterly updates, and our discussion of increased competition reflects what we see in our business today. But, as I noted on our second quarter conference call, incremental competition may lead to choppy quarter to quarter results. However, it does not detract from the rapidly growing market opportunity and expanding distribution, which along with our continued investments in our brand and industry leading quality, are the foundation of our long-term growth trajectory. We have worked hard this year to further strengthen our company and fully leverage the power of the PlusCBD Oil brand...CV Sciences pioneered the CBD consumer product industry, and as the regulatory framework emerges, our industry dominance and growth will continue and escalate. We ask that you trust in the long-term vision of this great company, the strong team we have built, and our proven track record of business performance, science-based R&D and regulatory leadership. We believe we are well-positioned to capitalize on the conservatively projected $20 billion plus CBD industry and we look forward to sharing news of future business development successes in the coming months."
NGS

Hot Stocks

08:41 EDT Natural Gas Services announces $10M share repurchase program - Natural Gas Services Group announced that its Board of Directors has authorized the repurchase of up to $10M of its outstanding shares of common stock. The repurchase program will expire on September 30, 2020, subject to earlier termination of the program by the Board of Directors. As of July 29, 2019, the Company had approximately 13,226,971 common shares outstanding.
GNBT

Hot Stocks

08:40 EDT Generex to proceed with dividend in anticipation of listing on Nasdaq - Generex Biotechnology Corporation announced that it was proceeding with the dividend in anticipation of listing on Nasdaq. Therefore, Generex plans to reward Generex's loyal shareholders by announcing a new Record Date of August 30, 2019, along with a Pay Date of October 30, 2019, with the Ex-Date of October 31, 2019, for the payment of the 1:1 stock dividend to shareholders. The Company remains optimistic in its ability to list on Nasdaq and with the confusion by the shareholders on the pay date, Generex wanted to provide its shareholders with a definitive Pay Date.
MJARF

Hot Stocks

08:39 EDT MJardin Group completes Phase 1 construction of Manitoba cultivation facility - MJardin Group announced that it has submitted its Evidence of Readiness package to Health Canada and completed construction on Phase 1 of "WARMAN", a retrofitted indoor cultivation facility located in Winnipeg, Manitoba and the largest in the Company's portfolio.
TUFN

Hot Stocks

08:38 EDT Tufin appoints Michal Lewy-Harush as CIO - Tufin announced Michal Lewy-Harush has joined Tufin as the company's CIO, bringing to the company more than 14 years of experience. Formerly the CIO of on-demand mobility company Gett, Lewy-Harush brings to the role an emphasis on high quality service delivery, proactivity and customer experience to solve major business challenges through technology and innovation.
ORTFD

Hot Stocks

08:38 EDT Biome Grow announces supply agreement with Cannabis NB - Biome Grow announced that it has been approved to commence retail sales of cannabis in the province of New Brunswick and has entered into a production and supply agreement with Cannabis NB Ltd. Cannabis products will initially be supplied by Biome's wholly-owned subsidiary, Highland Grow Inc., which is based in Nova Scotia. Biome continues to grow its commercial footprint since beginning commercial sales of cannabis in January 2019. Management looks forward to sharing its plans for expanding its commercial and production footprint to additional Canadian provinces in the months ahead.
HIL

Hot Stocks

08:36 EDT Hill International selected by World Bank for road project in Moldova - Hill International announced it has been selected by the World Bank to provide Construction Supervision Services for the Local Roads Improvement Project in the Republic of Moldova. As a member of an international consortium, Hill will provide Contract Administration, Engineering, and Financial Supervision services for civil works contracts of the regional and local roads improvement works in Moldova to confirm civil works are carried out in full compliance with the engineering design, technical specifications, and other contract documents. The civil works consist of rehabilitation and upgrading of over 150 km of regional and local roads priority corridors. Works will be carried out in phases with an available budget of $75M.
TSN

Hot Stocks

08:35 EDT Tyson Foods to rebuild Kansas plant, pay workers following fire. - A fire partly destroyed the Tyson Foods beef plant in Holcomb, Kansas on Friday, August 9. The plant will be down indefinitely, however; the company plans to rebuild the plant at the same location. Officials are still assessing the damage, so it's too early to establish a timeline, but work to clear damage has already begun. "This is a difficult time for our team members and their families, and we want to ensure they're taken care of," said Steve Stouffer, group president of Tyson Fresh Meats. "Today, we will notify our full-time, active team members that they'll be paid weekly until production resumes." Stouffer said the team members may be called on to work during this time to help with clean-up and other projects, but regardless of the hours worked, all full-time active employees are guaranteed pay.
JASN

Hot Stocks

08:33 EDT Motus Integrated to acquire Janesville Fiber Solutions, terms not disclosed - Motus Integrated Technologies announced it has signed a definitive agreement to acquire Janesville Fiber Solutions, a division of Jason Industries. Motus is expected to close the transaction late in the third quarter. Janesville is a pioneer in the production of high-performance engineered acoustical and thermal fiber solutions for a variety of automotive applications. Janesville's more than 1,000 associates operate from locations in Michigan, Mississippi, Missouri, North Carolina and Mexico. Motus plans to work closely with Janesville and Jason to seamlessly transition the business. Upon closing, leaders and key members of the Janesville organization will join the Motus Leadership Team, ensuring reliability and consistency during the transition process.
ECL

Hot Stocks

08:33 EDT Ecolab acquires Chemstar - Ecolab has acquired the business of privately held Chemstar, a U.S.-based supplier of food safety and cleaning and sanitizing solutions focused on the grocery and food retail markets. Chemstar and its Sterilox Fresh product line serve customers in the U.S. and Canada, and the company's 2018 sales were approximately $40M. Chemstar offers a range of food safety, sanitation and freshness solutions for kitchen care, surface and floor care, hand hygiene, food sanitation, and produce and floral freshness for food retail and convenience stores.
EIDX BBIO

Hot Stocks

08:32 EDT Eidos Therapeutics confirms receipt of non-binding proposal from BridgeBio - Eidos Therapeutics (EIDX) confirmed that it has received a non-binding proposal dated August 8 from BridgeBio Pharma (BBIO), the parent entity of the company's majority stockholder, to purchase all of the outstanding common stock of the company not already owned by BridgeBio. BridgeBio currently owns, through its wholly-owned subsidiary, BridgeBio Pharma LLC, approximately 66.6% of the outstanding shares of the company's common stock. According to the terms of the Proposal, which is subject to certain conditions, BridgeBio would acquire all of the shares of common stock of the company not already owned by BridgeBio for a fixed exchange ratio of 1.30 shares of BridgeBio common stock for each share of Eidos Therapeutics common stock. In response to the Proposal, the company announced that its board has formed a special committee consisting of the disinterested and independent directors, Rajeev Shah and William Lis, to consider the Proposal. The special committee has retained Centerview Partners LLC as its independent financial advisor and Cravath, Swaine & Moore LLP as its independent legal advisor to assist it in considering the Proposal. The board noted that it has only recently received the Proposal and that no decisions have been made with respect to the company's response to the proposed transaction. The special committee intends to carefully consider the Proposal with the assistance of its outside financial and legal advisors. There can be no assurance that any definitive agreement will be executed, or that the proposed transaction or any other transaction will be approved or consummated. The company does not intend to comment on or disclose further developments regarding the special committee's consideration of the Proposal unless and until it deems further disclosure is appropriate or required. The company's stockholders are advised to take no action at this time.
TROW

Hot Stocks

08:31 EDT T. Rowe Price reports preliminary AUM $1.14T at July 31
CYCN

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08:31 EDT Cyclerion says IW-6463 Phase 1 study remains on track for readout in Q4 - IW-6463 first-in-human Phase 1 study remains on track for data readout in Q4 2019. IW-6463 is a central nervous system penetrant sGC stimulator in development for serious neurodegenerative diseases. The objectives of the ongoing single and multiple ascending dose Phase 1 study are to evaluate safety, tolerability and pharmacokinetics, including confirming the ability of IW-6463 to cross the blood-brain barrier. The study will also evaluate exploratory measures of target engagement.
CYCN

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08:30 EDT Cyclerion says Olinciguat Phase 2 study remains on track for readout in mid-2020 - Olinciguat Phase 2 study in patients with sickle cell disease remains on track for data readout in mid-2020. Olinciguat is being studied in a randomized, placebo-controlled, dose-ranging Phase 2 study in patients with sickle cell disease that is expected to enroll up to 88 patients. STRONG SCD is designed to evaluate safety, tolerability, and pharmacokinetics of olinciguat, as well as to explore effects on daily symptoms and biomarkers of disease activity when dosed over a 12-week treatment period.
TMCX

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08:30 EDT Trinity Merger Corporation (Class A Stock) trading resumes
SYK

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08:29 EDT TSO3 to be acquired by Stryker for C$0.43 in cash per share - TSO3 announced that it has entered into a definitive arrangement agreement pursuant to which 9402-4874 Quebec Inc., a subsidiary of Stryker, will acquire all of the issued and outstanding common shares of the company for C$0.43 in cash per Share, subject to adjustment in the event the transaction expenses are greater than currently anticipated. The company does not currently expect any adjustment to be made to the Purchase Price and in the event such an adjustment would be required, that it would be minimal. If the Purchase Price is adjusted, the company will issue a press release setting out such adjustment no later than two business days prior to the special meeting of shareholders to be called to approve the transaction. The Purchase Price represents a premium of approximately 18% to the volume weighted average price of the Shares on the Toronto Stock Exchange for the 30 calendar-day period prior to the date hereof. The purchase of 100% of the equity of TSO3 represents a total enterprise value of approximately C$68.4M, including existing indebtedness. The Arrangement Agreement contains representations, warranties and covenants customary for transactions of this nature, including a prohibition against the Company soliciting or initiating any inquiries or discussions regarding any other business combination or sale of assets, subject to the fiduciary duty of the Board of Directors in the event that an unsolicited superior proposal is received by the company and the right in favour of Stryker to match any superior proposal. A termination fee of C$3.076M is payable to Stryker in certain circumstances, including if Stryker fails to exercise its right to match in the context of a superior proposal and the company elects to terminate the Arrangement Agreement prior to the company's shareholders voting to approve the Arrangement.
CYCN

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08:29 EDT Cyclerion says Praliciguat Phase 2 studies remain on track for readouts in Q4 - Praliciguat Phase 2 studies in patients with cardiometabolic diseases remain on track for two data readouts in Q4 2019. The ongoing Phase 2 study of praliciguat in patients with diabetic nephropathy is a randomized, placebo-controlled, dose-ranging study in 156 patients to evaluate safety and efficacy following 12 weeks of praliciguat treatment. Enrollment is complete. The primary measure of efficacy is the change in urine albumin to creatinine ratio. Effects on metabolic parameters will also be assessed as secondary endpoints. The ongoing Phase 2 study of praliciguat in patients with HFpEF is a randomized, placebo-controlled study in 196 patients to evaluate safety and efficacy following 12 weeks of praliciguat treatment. Enrollment is complete. The primary measure of efficacy is change in peak oxygen uptake as assessed by cardiopulmonary exercise testing (CPET), a quantitative measure of exercise capacity. Secondary efficacy measures include change in exercise capacity as assessed by the six-minute walk test, and change in patient-reported quality of life as assessed by the Kansas City Cardiomyopathy Questionnaire
CYCN

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08:28 EDT Cyclerion Therapeutics expects proceeds to fund operations through 1Q21 - On April 2, 2019, approximately $165 million net proceeds were received from a private placement financing that are expected to fund operations through at least the first quarter of 2021. Cyclerion ended the second quarter of 2019 with approximately $148.8 million of cash, cash equivalents and restricted cash. There was no cash specifically attributable to Cyclerion prior to the second quarter of 2019.
SYK

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08:26 EDT TSO3 to be acquired by Stryker for C$0.43 in cash per share
CLRB

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08:23 EDT Cellectar expects to report topline data from Phase 2 CLOVER-1 study in 2019 - The company said, "Expanded the third cohort of our ongoing Phase 2 CLOVER-1 study of CLR 131 after preliminary results showed it exceeded pre-specified performance criteria. We are currently enrolling patients with chronic lymphocytic leukemia/small lymphocytic lymphoma, lymphoplasmacytic lymphoma and marginal zone lymphoma in the third cohort. The company continues to expect to report top-line data from the Phase 2 CLOVER-1 study in 2019."
CLRB

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08:22 EDT Cellectar Biosciences expects cash to fund operations through 4Q20 - The company said, "As of June 30, 2019, cash and cash equivalents were approximately $16.8 million compared to $13.3 million as of December 31, 2018. We believe that our cash balance is adequate to fund our basic budgeted operations through the fourth quarter of 2020. Cash used in operating activities was approximately $5.5 million during the six months ended June 30, 2019 as compared to $5.7 million used during the six months ended June 30, 2018."
TMCX

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08:21 EDT Trinity Merger to acquire Broadmark for $1.2B in cash, stock transaction - Trinity Merger and Broadmark announced that they have entered into a definitive merger agreement for a business combination transaction to create an internally-managed, mortgage real estate investment trust, or REIT, with an expected equity value of $1.5B, assuming no redemptions by Trinity stockholders or Broadmark members. It is expected that Broadmark will have no debt outstanding at closing. Under the terms of the merger agreement, Trinity and Broadmark will combine to form Broadmark Realty, a new Maryland corporation that will elect to be taxed as a REIT under the tax code. In connection with the transaction, Broadmark Realty intends to apply for listing of its securities on the New York Stock Exchange under a new ticker symbol. Broadmark is a provider of financing to real estate investors and developers across the United States. Broadmark originates short term, first deed of trust mortgages with conservative loan-to-value collateral support. As of March 31, Broadmark had approximately $992.2M in total committed loans in target geographic regions that exhibit favorable demographic trends. Under the terms of the merger agreement, Trinity will acquire Broadmark for $1.2B in total consideration, comprised of 92%, or $1.1B, in Broadmark Realty stock and 8%, or $98M, in cash. The cash component of the purchase price will be paid to the equity owners of Broadmark's real estate management companies as part of an internalization transaction and will be funded by Trinity's cash held in trust. The remainder of the purchase price to be paid will be paid in newly issued shares of Broadmark Realty's common stock. In addition, Broadmark Realty has entered into a subscription agreement for a $75M private placement of Broadmark Realty's common stock with affiliates of Farallon, a global asset management firm. The proceeds from Farallon's investment will be used to fund transaction-related expenses and the ongoing business operations of Broadmark Realty following the consummation of the business combination, including funding new loan origination opportunities in existing and new markets. Upon closing of the proposed transaction, Jeffrey Pyatt, president of Pyatt Broadmark Management, will become the CEO of Broadmark Realty, and Joseph Schocken, founder and president of Broadmark Capital, will serve as chairman of the board of directors. The rest of Broadmark's executive team will continue in their respective roles in the combined company. The board of directors of Trinity and the boards of directors and managers of the Broadmark entities have unanimously approved the proposed transaction. Completion of the proposed transaction is subject to Trinity stockholder approval; Broadmark equity holder approval; obtaining an amendment to Trinity's outstanding public warrants to remove certain anti-dilution provisions relating to the payment of ordinary periodic cash dividends customary for a REIT; Broadmark Realty retaining at least $100M in cash following the consummation of the transactions, the redemption of Trinity shares, if any, and the payment of expenses and indebtedness required to be paid at the closing and other customary closing conditions. The parties expect that the proposed transaction will be completed in early November.
CSWI ENLC

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08:20 EDT CSW Industrials appoints Adrianne Griffin as VP of investor relations, treasurer - CSW Industrials (CSWI) announced it has hired Adrianne Griffin as Vice President of Investor Relations and Treasurer, effective immediately. Griffin was most recently Director of Investor Relations at EnLink Midstream, LLC (ENLC).
DARE

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08:18 EDT Dare Bioscience receives QIDP designation from FDA for DARE-BV1 - Dare Bioscience announced that DARE-BV1, a novel thermosetting hydrogel containing clindamycin phosphate 2%, has been granted Qualified Infectious Disease Product designation by the U.S. Food and Drug Administration for the treatment of bacterial vaginosis in women. In an investigator-initiated proof-of-concept study, DARE-BV1 demonstrated an 86% clinical cure rate in the evaluable subjects at the test-of-cure visit after a single administration. Dare intends to commence a Phase 3 clinical study of DARE-BV1 in approximately 250 women in the fourth quarter of 2019. Based on prior discussions with the FDA, Dare believes that the Phase 3 study, if successful, would be sufficient for approval of DARE-BV1 to treat BV.
SLRX

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08:17 EDT Salarius expects early cohort data readouts for Seclidemstat later in 2020 - Salarius Pharmaceuticals announced that its CEO David Arthur, issued an open letter to Salarius' stockholders following the completion of the reverse merger with Flex Pharma, Inc. The letter read in part, "We are thrilled to have completed the merger with Flex Pharma and to have begun trading on Nasdaq with the new trading symbol "SLRX". This represents the culmination of many years of hard work, dedication, and innovation from talented people, and we are proud of what we have accomplished. Following the reverse merger, Salarius' stockholder base is now comprised of a combination of former Flex Pharma stockholders, former unit holders of Salarius Pharmaceuticals, LLC, and new stockholders. The purpose of this letter is to provide each of you with an overview and update on Salarius Pharmaceuticals, Inc. and our plan for building stockholder value by advancing clinical programs. Salarius' development trajectory is on course and we look forward to your support as we work toward developing novel treatments for patients who need them the most...The Food and Drug Administration has already granted our lead drug candidate, Seclidemstat, both Orphan Drug and Rare Pediatric Disease designations, conferring certain regulatory benefits and commercial advantages upon a potential FDA approval. If proven efficacious with a benefit-risk profile that the FDA judges to be positive and supportive of approval, Seclidemstat could qualify to receive a pediatric priority review voucher, which the FDA awards to companies developing a drug or biologic that targets a rare pediatric disease. If received, this voucher adds significant value to our Seclidemstat program. PRVs can be sold to other qualifying companies and based on 2017-2018 selling prices, a PRV has a value ranging between $80 million and $150 million. Our Ewing Sarcoma program is progressing in a Phase 1 clinical trial that is currently in the dose escalation phase, and we expect to establish the maximum tolerable dose in early-2020. We then expect to commence dose expansion with the potential for reporting early cohort data later in 2020. We are also developing Seclidemstat for adults with advanced solid tumor cancers. We recently began enrolling a Phase 1 dose escalation/dose expansion study in advanced solid tumors, including but not limited to, breast, ovarian and prostate cancer patients. Early cohort data readouts are also expected in 2020...We believe stockholder value is created by reporting clinical data showing patient benefit in response to Seclidemstat. To that end, our timeline for releasing clinical data and reaching possible inflection points is largely unchanged. In June 2019, Salarius was a private company executing a clinical plan to potentially report early patient cohort data in 2020. Two months later, we are a public company listed on Nasdaq executing that same clinical plan to potentially report early patient cohort data in 2020."
MRAM STX

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08:17 EDT Everspin Technologies, Seagate sign IP patent assignment, licensing agreements - Everspin Technologies (MRAM) announced an IP cross-licensing agreement with Seagate Technology (STX). Both companies hold an extensive portfolio of IP that is further strengthened by this agreement including the assignment and licensing of MRAM patents from Seagate to Everspin as well as licensing of specific Tunneling Magnetoresistance, or TMR, patents from Everspin to Seagate. Under the terms of the license agreement, both companies receive substantial benefit. The patents involved in the assignment and licensing span many years of research and development and include patents from the US, Japan, China, and Republic of Korea. Everspin gains license to additional patents regarding MRAM technology to add to its IP portfolio while Seagate gains license to TMR IP for its use in HDD read/write head technology.
FLS...

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08:13 EDT Flowserve enters 5-year contract with Shell Australia - Flowserve (FLS) has entered into a five-year contract with Shell Australia (RDS.A, RDS.B) to provide general maintenance services for Shell's Prelude Floating Liquified Natural Gas, or FLNG, facility, which is producing natural gas from an offshore field in Western Australia. Flowserve will support Prelude from its recently refurbished Quick Response Center, or QRC, in Darwin, the capital of Australia's Northern Territory. Flowserve QRCs are dedicated maintenance, repair and manufacturing workshop facilities that provide customers with responsive, local support. Since opening in 2003, the Darwin QRC in Yarrawonga has primarily serviced flow control valves and seals; as part of this agreement, Flowserve has committed to expanding its capabilities to include maintenance and repair services for centrifugal pumps, positive displacement pumps, heat exchangers, fans and blowers, hydraulic power units, and other related equipment.
KLXE

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08:12 EDT KLX Energy announces $50M share repurchase program - KLX Energy Services Holdings announced that its Board of Directors has authorized a share repurchase program. The program authorization is for a maximum of $50M. The Company expects to complete the intensive capital investment phase of its strategy by the end of fiscal year 2019 and is therefore expecting strong free cash flow in fiscal year 2020. klxeThe Company's strategy to roll out large diameter coiled tubing spreads to all its Geographical Segments and to pull through its broad range of asset light services in conjunction with the coiled tubing roll out has been working successfully. The Company, which currently has 8 large diameter coiled tubing spreads in operation, expects to take delivery of 5 additional large diameter coiled tubing spreads by the end of fiscal year 2019.
EMKR WSTL

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08:11 EDT Emcore appoints Tom Minichiello as CFO - EMCORE Corporation (EMKR) announced that it has appointed Tom Minichiello as CFO effective August 26, 2019. Mark Gordon will continue in his current position as the company's Interim Principal Financial and Accounting Officer until Minichiello joins the Company, at which time Gordon will serve as the Company's Director of Accounting. Minichiello most recently served as Senior Vice President, CFO, Treasurer, and Secretary for Westell Technologies (WSTL).
PGNX

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08:11 EDT Velan Capital: Continued lack of transparency at Progenics extremely concerning - Velan Capital, one of the largest stockholders of Progenics Pharmaceuticals, announced its disappointment with the company's Q2 results and lack of metrics to track future performance, and highlights key issues that illustrate the company's continual mismanagement under the troubling status quo. Velan stated, in part, "While the company mismanages its key assets, it compounds its mistakes by focusing on distracting projects such as AI that do not add significant value and only serve to reduce the time spent on commercializing AZEDRA and advancing its product pipeline. Stockholders deserve more information and clarity. To Velan, the continued lack of transparency at Progenics is extremely concerning, particularly given CEO Mark Baker's history of wrongfully stifling a whistleblower who thought Progenics was misleading stockholders. We believe there might even be more recent examples of such behavior. Under current guidance and without departure from the status quo, the company's potential will continue to be squandered at the expense of stockholders. The Board claims to seek new director candidates with applicable supply chain and commercialization expertise - skills that appear absent from the current Board and management team. We have identified potential candidates that have such expertise (who we understand have not been contacted by the company or by its costly executive search firm), yet the company has not welcomed our repeated outreach attempts to reach a constructive resolution. As previously communicated to the public and to the Board, Velan's preference has always been and continues to remain reaching an appropriate settlement to put the company on a better path and to instill much needed accountability in the boardroom. Stockholders have spoken through their votes at last month's annual meeting and we believe the mandate is clear. Without an appropriate settlement that reflects the degree of change desperately needed at PGNX, we will likely be forced to take action yet again on behalf of all stockholders, including by seeking to remove and replace members of the Board."
SHOO

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08:09 EDT Steven Madden acquires Greats Brand, terms not disclosed - Steve Madden announced that it has completed the acquisition of privately held Greats Brand, a digitally native footwear brand specializing in premium sneakers made in Italy. Founded in 2014 in Brooklyn, GREATS is well known for its timeless yet aspirational and versatile styles. GREATS had net sales in the 12 months ended June 30, 2019 of approximately $13M.
JASN

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08:09 EDT Jason Industries to sell Janesville for $85M, explores strategic alternatives - Jason Industries announced several significant developments. The company announced the signing of a definitive agreement to sell its fiber solutions segment, or Janesville, to Motus Integrated Technologies for approximately $85M, subject to customary closing, performance, and other requirements. The transaction is expected to be completed during Q3 and is not subject to regulatory review and approval. The Janesville segment being sold contributed approximately $144M to Jason's trailing twelve-month sales ending June 28. Janesville's operations in the United States and Mexico and approximately 1,000 employees will become a new subsidiary of Motus. The company also has engaged BMO Capital Markets to explore strategic alternatives, including a potential sale of the company. The board has not set a timeline for this process and there can be no assurance that the strategic alternatives review process will result in a transaction or other strategic change or outcome. The company does not expect to discuss or disclose further developments unless and until its board has approved a specific course of action.
LBTYA

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08:09 EDT Liberty Global commences $2.5B 'modified Dutch Auction' tender - Liberty Global announced that it commenced "modified Dutch Auction" tender offers to invite its shareholders to tender an aggregate value of up to $2.5 billion of its ordinary shares consisting of (i) up to $625 million of its issued and outstanding ordinary Class A shares, nominal value $0.01 per share, for purchase by Credit Suisse Securities and HSBC Securities, each acting as principal, at a price not greater than $29.00 nor less than $25.25 per Class A Share, and (ii) up to $1.875 billion of its issued and outstanding ordinary Class C shares, nominal value $0.01 per share, for purchase by the Counterparty Banks at a price not greater than $28.50 nor less than $24.75 per Class C Share, in each case, in cash, less any applicable withholding taxes and without interest. The tender offers are made in accordance with the terms and subject to the conditions described in the offer to purchase and other related materials, as may be amended or supplemented from time to time.
GPOR HK

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08:08 EDT Gulfport Energy appoints Quentin Hicks as EVP, CFO - Gulfport Energy Corporation (GPOR) announced that Quentin Hicks will join the Company as EVP and CFO reporting to David Wood, President and CEO. Hicks will assume his new duties on August 26, 2019. Gulfport conducted a formal search for this position led by a leading national executive search firm. Hicks joins Gulfport from Halcon Resources Corporation (HK), where he most recently served as EVP, CFO and Treasurer. Hicks succeeds Keri Crowell, who is stepping down after a 14-year career with Gulfport.
SABR

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08:06 EDT Sabre, Croatia Airlines announced renewal of partnership - Croatia Airlines and Sabre announced the renewal of their long-standing partnership. The Croatian flag carrier has been using Sabre's revenue management product for more than four years and with this renewal, the carrier will upgrade to Sabre AirVision Revenue Optimizer, Sabre's industry-leading revenue optimization solution.
AGS

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08:04 EDT PlayAGS announces $50M share repurchase program - AGS announced that its board of directors has approved a share repurchase program that will permit the company to repurchase up to $50M of the company's shares of common stock through August 11, 2021.
TNXP

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08:04 EDT Tonix Pharmaceuticals expects topline data for Phase 3 RECOVERY trial in 1H20
EPM

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08:03 EDT Evolution Petroleum discloses reserves estimates as of June 30 - Evolution Petroleum Corporation disclosed its independently determined reserves estimates as of June 30, 2019 as well as oil and natural gas liquids volumes for its fiscal fourth quarter ended June 30, 2019. Total proved oil reserves as of June 30 were 7,616 Mbbl, while natural gas liquids proved reserves were 1,365 Mbbl and oil equivalent proved reserves were 8,981 Mbbl. Gross daily production in the Delhi Field during the fourth quarter of fiscal 2019 averaged 6,364 barrels of oil and 1,479 barrels of natural gas liquids, or 7,843 barrels of oil equivalent per day.
LM

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08:03 EDT Legg Mason reports preliminary AUM $780.5B as of July 31 - This month's AUM included long-term net inflows of $0.1B, driven by alternative inflows of $1.6B and fixed income inflows of $0.1B, partially offset by equity outflows of $1.6B.
ACRGF

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07:51 EDT Acreage Holdings launches cannabis consumer products from three new brands - Acreage Holdings announced the launch of new cannabis consumer products in select markets as part of its "House of Brands" strategy - a portfolio of unique brands that address different consumer segments and form factors. The launch includes products from three new Acreage-developed brands: The Botanist, Natural Wonder, and Live Resin Project. The Botanist, a wellness brand devoted to unlocking the benefits of the full cannabis plant, expects to launch in Iowa this month with its first product, a line of high-CBD tinctures for the Iowa's medical market. Natural Wonder, developed by Acreage's Form Factory division, is a convenient and discreet, microdose sublingual breath spray, available on select dispensary shelves in Oregon. Live Resin Project is expected to launch in California later this month, bringing to market new live resin products in a variety of raw concentrates and easy-to-use vape cartridges. Live resin, an innovative extraction method that utilizes flash-frozen whole cannabis plants, was invented by cannabis extractor and Acreage "Green Team" member William "Kind Bill" Fenger. Acreage expects to continue rolling out The Botanist, Natural Wonder, and Live Resin Project products to additional markets and across more form factors through the rest of the year.
ZLAB NVCR

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07:48 EDT Zai Lab granted NMPA Innovative Medical Device Designation for Optune - Zai Lab Limited (ZLAB) and Novocure (NVCR) announced that the China National Medical Products Administration granted Innovative Medical Device Designation for Optune, a Tumor Treating Fields delivery system that uses electric fields tuned to specific frequencies to disrupt cancer cell division, inhibiting tumor growth and causing affected cancer cells to die. The Innovative Device Designation allows Zai Lab to take advantage of an expedited approval procedure for Optune that offers opportunities for pre-consultation with and input from the NMPA throughout the approval process. Novocure granted Zai Lab an exclusive license for Tumor Treating Fields, including the brand name Optune, in Greater China in September 2018 and Zai Lab successfully launched the product in Hong Kong for the treatment of glioblastoma late last year. Novocure markets Optune in the United States, European Union, Japan and certain other countries for the treatment of GBM and the NovoTTF-100L System, another Tumor Treating Fields delivery system, in the U.S. for the treatment of malignant pleural mesothelioma. Tumor Treating Fields is in late stage clinical development for four solid tumor indications including non-small cell lung cancer, brain metastases, pancreatic and ovarian cancers. Tumor Treating Fields was included and recommended with Level 1 evidence as a treatment for GBM in China's Glioma Treatment Guideline published in 2018.
THERF

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07:46 EDT Theratechnologies files application to list on Nasdaq - Theratechnologies announced that it has applied to list its common shares on NASDAQ. In connection with its application to list on NASDAQ, Theratechnologies will file a Form 40-F Registration Statement with the United States Securities and Exchange Commission. The listing of the Company's common shares on NASDAQ remains subject to the approval of NASDAQ and the satisfaction of all applicable listing and regulatory requirements. Based on its typical review process, it is expected that the Company's common shares will be listed on NASDAQ within the next 60 days. The Company will maintain its common share listing on the Toronto Stock Exchange under the symbol "TH".
CNET

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07:45 EDT ChinaNet Online enters securities purchase agreement with investors - ChinaNet-Online Holdings announced that it entered into a Securities Purchase Agreement with selected investors related to the purchase and sale of the Company's common stock on August 7, 2019. Under the Securities Purchase Agreement, the Company agreed to issue an aggregate of 3,216,860 shares of common stock for $4.8M. Each Share will be sold to investors at $1.4927 per Share. This private placement was conducted pursuant to Section 4(2) of the Securities Act of 1933, as amended, and Regulation S promulgated thereunder.
XPO

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07:44 EDT XPO Logistics extends UK partnership with Arco - XPO Logistics has been awarded a multi-year contract renewal by Arco. XPO provides Arco with an integrated, digitally managed transport solution for less-than-truckload distribution in the UK. The shared network uses XPO technology to manage direct order entry, track freight consignments and deploy resources. 4G scanners at the Arco site improve trunk utilisation before onward shipping to 11 LTL sites.
CBWTF

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07:43 EDT Auxly Cannabis president Hugo Alves to succeed Chuck Rifici as CEO - Auxly Cannabis Group announced that its Board of Directors has named Hugo Alves, President, to succeed Chuck Rifici as CEO, effective August 27, 2019. Mr. Rifici will continue to serve as Chairman of Auxly's Board of Directors. Hugo is the Co-Founder and President of Auxly Cannabis Group, where he has overall responsibility for driving the Company's strategic vision
JNJ XOMA

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07:41 EDT Xoma adds Janssen Biotech drug candidates to royalty portfolio - XOMA Corporation (XOMA) announced its portfolio of potential future royalty and milestone payments has significantly increased with the addition of Janssen Biotech (JNJ) drug candidates for which XOMA could receive future milestone and royalty payments. In addition, Janssen has elected to accelerate its base annual license fee obligation and will make a one-time $2.5M payment to XOMA. For each program, XOMA is entitled to receive milestone payments upon the achievement of certain clinical development and regulatory approval events. Upon commercialization, XOMA will receive a .75% royalty on net sales.
ABB

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07:40 EDT ABB names Bjorn Rosengren as CEO; Peter Voser to revert to chairman - The Board of ABB has unanimously appointed Bjorn Rosengren, as CEO. He will join ABB on February 1, 2020 and succeed CEO, Peter Voser, in this role on March 1, 2020. At that time Peter Voser will revert to his position at ABB solely as Chairman of the Board. "The Board is pleased that Bjorn Rosengren will be taking the lead at ABB, bringing with him a proven track record of value creation and exactly the managerial skills ABB needs during the next stage of its transformation," said ABB Chairman and current CEO, Peter Voser. "After undertaking a thorough search, the Board is convinced that Bjorn Rosengren is the best candidate for the role. He understands how to establish successful decentralized organizations, empower people and demonstrates the culture of cooperation and high performance. Together with our strong management team, he will drive ABB's strategy and deliver long-term value to all our stakeholders."
ONTX

Hot Stocks

07:39 EDT Onconova, Mission Bio partner for precision oncology clinical trials - Onconova Therapeutics and Mission Bio announced that they have formed a collaboration to utilize the Mission Bio Tapestri Platform for targeted single-cell DNA analysis to study Onconova's novel cancer therapy, rigosertib, through clinical trials. With the Mission Bio Tapestri Platform, researchers can detect rare cancer subclones and co-occurring cancer mutations at the single-cell level, offering a precise way to measure therapy response and disease progression. Supporting the pharma and biopharma industries through clinical trials and commercialization continues to be a focus for Mission Bio. Ras proteins control cell proliferation, and mutation of this protein can lead to cancer in affected individuals. Ras is mutated in over 30 percent of patients with cancer, making it one of the most sought-after targets. Onconova is developing rigosertib, a first-in-class, small molecule Ras mimetic, to target this mutation. Rigosertib blocks the activation of Ras effector proteins, thus modulating the Ras pathway. Onconova's goal is to fully enroll INSPIRE, its phase 3 clinical trial studying rigosertib in higher-risk MDS patients who fail the current standard of care, by year-end.
ETTX

Hot Stocks

07:38 EDT Entasis Therapeutics expects topline results from ATTACK Phase 3 trial in 2H20 - In April, Entasis initiated the ATTACK Phase 3 pivotal clinical trial to evaluate SUL-DUR for the treatment of patients with pneumonia and bloodstream infections caused by carbapenem-resistant A. baumannii. ATTACK is a global, two-part Phase 3 clinical trial that will enroll a total of 300 patients. Topline results from the study are expected to be available in second half of 2020.
ETTX

Hot Stocks

07:37 EDT Entasis Therapeutics expects cash to provide runway into 4Q20 - As of June 30, 2019, cash, cash equivalents and short-term investments were $59.5 million, compared to $74.6 million as of March 31, 2019. The Company believes its current cash position provides a runway into the fourth quarter of 2020.
ZLAB NVCR

Hot Stocks

07:34 EDT Zai Lab, Novocure announce NMPA innovative medical device designation for Optune - Zai Lab (ZLAB) and Novocure (NVCR) announced that the China National Medical Products Administration, or NMPA, granted innovative medical device designation for Optune, a Tumor Treating Fields delivery system that uses electric fields tuned to specific frequencies to disrupt cancer cell division, inhibiting tumor growth and causing affected cancer cells to die. The designation allows Zai Lab to take advantage of an expedited approval procedure for Optune that offers opportunities for pre-consultation with and input from the NMPA throughout the approval process. Novocure granted Zai Lab an exclusive license for Tumor Treating Fields, including the brand name Optune, in Greater China in September 2018 and Zai Lab successfully launched the product in Hong Kong for the treatment of glioblastoma late last year.
UFPI

Hot Stocks

07:34 EDT Universal Forest to change name to UFP Industries - As of Jan. 1, 2020, the Company will be known as UFP Industries, Inc. The Company will seek to ratify the name change at its April 22, 2020, shareholder meeting. Under the new structure, also effective Jan. 1, 2020, the Company will be organized around the markets it serves rather than geography. Among other benefits, this will allow for a more specialized and consistent sales approach among all Universal companies, more efficient use of resources and capital, and quicker introduction of new products and services. UFP Industries will continue to trade under the ticker symbol UFPI.
UFPI

Hot Stocks

07:34 EDT Universal Forest organizes structure around markets rather than geography - Universal Forest Products announced a new organizational structure that is designed to position the Company for accelerated sales and profit growth in the coming years and provide more opportunity for its employees. As of Jan. 1, 2020, the Company will be known as UFP Industries, Inc. The Company will seek to ratify the name change at its April 22, 2020, shareholder meeting. Under the new structure, also effective Jan. 1, 2020, the Company will be organized around the markets it serves rather than geography. Among other benefits, this will allow for a more specialized and consistent sales approach among all Universal companies, more efficient use of resources and capital, and quicker introduction of new products and services. UFP Industries will continue to trade under the ticker symbol UFPI. The company will be organized so that each business segment aligns with the market it currently serves: UFP Retail, UFP Construction and UFP Industrial. These segments will each consist of multiple business units led by entrepreneurial members of the UFP team. Each profit center will have a general manager who will continue to operate his or her facility to enhance customer service, create manufacturing and transportation synergies and improve overall profitability. Each of these three segments currently exceeds $1B in annual revenue. The leaders of these segments will be tasked with doubling sales and profits of their segment over the next 10 years. Those leaders include: Allen Peters, who will become the president and COO of UFP Retail, Patrick Benton, who will become president of UFP Construction, and Scott Worthington, who will become president of UFP Industrial. During a transition period, Pat Webster will maintain his duties as COO of UFPI and will take on COO responsibility for UFP Construction and UFP Industrial. Jonathan West will become executive vice president of Factory Built Housing in the construction segment. Chad Eastin will become executive vice president of ProWood.
EBIX

Hot Stocks

07:32 EDT NEOS Life deploys Ebix OneOffice as life insurance sales solution - Ebix announced that NEOS Life has deployed Ebix OneOffice as their Life Insurance sales and administration solution in Australia. The implementation of this comprehensive solution to support the NEOS business was achieved in a short period of nine months. This included deployment of an Adviser portal, sales administration including tele-underwriting, integrated underwriting engine, commissions processing, reinsurance reporting and CRM and data warehouse integration. Ebix is hosting the turnkey solution that includes synchronizing data between Ebix OneOffice, Ebix SmartOffice CRM for the insurance industry and the NEOS data warehouse.
PRQR

Hot Stocks

07:25 EDT ProQR Therapeutics announces FDA clearance of IND to start QR-1123 trial - ProQR Therapeutics announced that the U.S. Food and Drug Administration has cleared the Investigational New Drug application for QR-1123. ProQR plans to start enrolling patients in a Phase 1/2 trial for QR-1123 in 2019. QR-1123 is an investigational oligonucleotide designed to address the underlying cause of the vision loss associated with autosomal dominant retinitis pigmentosa due to the P23H mutation in the rhodopsin gene.
APOP

Hot Stocks

07:25 EDT Cellect Biotechnology announces 'positive' outcome from DSMB on ApoGraft - Following the one month data of the 9th patient, the Data and Safety Monitoring Board reviewed the safety data from Cellect Biotechnology Ltd.'s ongoing Phase 1/2 clinical study of ApoGraft, and announced that the DSMB unanimously recommended dose escalation and the continuation of enrollment for the fourth and final dose cohort in the study. At one-month post transplantation, the patient has shown complete engraftment and has not demonstrated any procedure-related adverse effects. The company currently expects to complete the patient recruitment by the end of 2019 and release data during the first half of 2020. The primary endpoint of the study is to evaluate the overall incidence, frequency, and severity of adverse events potentially related to ApoGraft at 180-days post-transplant. In the U.S., the company moved closer to the U.S. clinical trial as Washington University's Scientific Review Committee approved the company's study, with no comments. This, along with the other milestones that have been achieved by the company over the past few months demonstrate solid progress and the company is looking forward to working with its clinical partner and sharing further progress in the coming months.
NVAX

Hot Stocks

07:24 EDT Novavax announces presentation of data from Phase 3 Prepare trial of ResVax - Novavax announced the presentation of new data from the company's Prepare trial, a global Phase 3 clinical trial of ResVaxan aluminum adjuvanted respiratory syncytial virus fusion protein recombinant nanoparticle vaccine. Geeta K. Swamy, M.D., Associate Professor of Obstetrics and Gynecology and Vice Dean and Associate Vice Provost for Scientific Integrity at Duke University, made the presentation at the 2019 IDSOG Annual Meeting held in Big Sky, Montana. Dr. Swamy's presentation included new observations based on the recently completed analyses of the 1-year safety data, including a 59.6% reduction in the incidence of serious adverse events diagnosed as pneumonia, with confirmation by chest x-ray, that extended through the first year of life. A similar efficacy of approximately 50% was found for all SAEs with a clinical diagnosis of pneumonia, also extending over a year. When x-ray-confirmed pneumonia SAEs associated with detection of RSV were considered, efficacy was 72.9% through 180 days of life, the last time point at which active detection of RSV was carried out.
ACIU

Hot Stocks

07:23 EDT AC Immune announces research collaboration with University of Pennsylvania - AC Immune announced a research partnership with leading scientists in the Perelman School of Medicine at the University of Pennsylvania focused on studying the pathological mechanisms of TDP-43 misfolding and aggregation. TDP-43, the transactive response DNA binding protein, is a transcription factor found in most human tissues. It is a recently identified target of growing interest for neuroOrphan indications such as frontotemporal lobar degeneration and amyotrophic lateral sclerosis. It also plays an important role in other significant neurodegenerative indications such as Alzheimer's disease. The collaboration is aimed at deciphering the governing principles of how pathological forms of TDP-43 spread from neuron to neuron, leading to a better understanding of the TDP-43 pathologies in order to support the Company's mission to develop novel therapeutic and diagnostic approaches against FTLD and other neurodegenerative diseases. AC Immune will contribute a two-year research grant to the laboratory of Dr. John Trojanowski and Dr. Virginia M.-Y. Lee. Dr. Trojanowski's research focuses on neurodegeneration and has led to the novel view that major disease-related proteins including Tau, alpha-synuclein and TDP-43, are co-deposited in most neurodegenerative diseases and how these copathologies impact the clinical representation of these diseases. Dr. Lee is a world-renowned leader in research on Tau, alpha-synuclein and the Abeta precursor protein, studying their pathobiological roles in neurodegenerative diseases.
AVA

Hot Stocks

07:21 EDT Avista chief human resources officer Karen Feltes to retire - Avista Corp. announced changes in its officer team, approved by the Board of Directors. All changes will take effect on Oct. 1, 2019. SVP and chief HR officer Karen Feltes has announced plans to retire on Feb. 1, 2020, after serving the company and its customers for 21 years. A number of other near-term changes have also been approved to further align the leadership team's structure with the needs of the organization, ensure continuity of leadership and to establish the senior leadership team that will be in place through the CEO transition. The approved officer team changes are as follows: Mark Thies has been promoted from SVP and CFO to EVP and CFO. He will retain his current areas of responsibility. Heather Rosentrater has been promoted from VP, Energy Delivery to SVP, Energy Delivery. Her area of responsibility will continue to include the day-to-day operations of the utility, including electric and natural gas engineering, operations and shared services such as fleet, facilities and supply chain. Kevin Christie has been promoted from VP, External Affairs and Chief Customer Officer to SVP, External Affairs and Chief Customer Officer. His areas of responsibility will continue to include communications, community outreach and philanthropy, as well as customer energy efficiency and conservation activities, regulatory affairs and new products and services. As the transition occurs, this group, along with current senior officers, will determine the next steps needed to deliver on the Company's vision and best meet the needs of its stakeholders.
CTST

Hot Stocks

07:21 EDT CannTrust says taking 'whatever remedial steps necessary' to regain compliance - After trading hours on Friday, August 9, CannTrust received a report from Health Canada notifying the company that its manufacturing facility in Vaughan, Ontario has been rated non-compliant with certain regulations. CannTrust has accepted Health Canada's findings and remedial actions are underway. Heath Canada's rating was based on observations made during an inspection completed during the period July 10-16, which noted: The conversion of five rooms from operational areas to storage areas, which were used for storage since June 2018 without prior approval of Health Canada; The construction of two new areas without prior approval of Health Canada, one of which was used to store cannabis since November 2018; Insufficient security controls at the manufacturing facility; Inadequate quality assurance investigations and controls; Standard operating procedures that did not to meet the requirements under regulations; and Documents or information that were not retained in a manner to enable Health Canada to complete its audit in a timely manner. As previously announced, the company implemented a voluntary hold on the sale and shipment of all cannabis products while Health Canada reviewed its Vaughan, Ontario manufacturing facility. CannTrust continues to work closely with Health Canada and will provide further details of the hold and other developments as they become available. Under the direction of the recently constituted independent Special Committee of the board of directors of the company and newly-appointed interim CEO, Robert Marcovitch, the company has already begun the process of investigating and remediating the root causes of any non-compliance and expects to propose a robust remediation plan to Health Canada. The company's CEO Robert Marcovitch stated: "We are continuing to work hard to regain the trust of Health Canada, our patients, shareholders and partners. We have retained independent consultants who have already started addressing some of the deficiencies noted in Health Canada's report. We are looking at the root causes of these issues and will take whatever remedial steps are necessary to bring the company into full regulatory compliance as quickly as possible." Although the company, under the supervision of the Special Committee, is preparing a remediation plan for submission to and consideration by Health Canada, Health Canada has advised the company that it is currently unable to provide any guidance about the timing or content of its decisions concerning the company.
HAL

Hot Stocks

07:18 EDT Halliburton wins drilling, completion, testing services contract - Woodside Energy BV awarded Halliburton nine conditional contracts for drilling and completion services for SNE Field Development Phase 1 offshore Senegal. The drilling campaign, which is due to start in late 2020 or early 2021, is for drilling and completing 18 wells with up to eight optional wells over an estimated 3-4 year term. The contracts awarded include drilling, logging, cementing, lower completions, e-line/slick line, coiled tubing and well testing services. Initial engineering work will begin in Perth, Australia, later this year, and then will transfer to Dakar, Senegal in 2020. This multi-contract award follows an earlier conditional1 award to Halliburton in December 2018 for drilling and completion fluids services.
CLDC

Hot Stocks

07:18 EDT China Lending Corp. to dispose of Feng Hui - China Lending announced that its subsidiary, China Industrial Financial Holding Group Co., Ltd. has entered into a framework agreement with Zhejiang Zhongfeng Investment Management Co., Ltd., pursuant to which Zhongfeng will either acquire a 100% equity interest in Urumqi Fenghui Direct Lending Co., Ltd., a variable interest entity of the company primarily engaged in the microloan business, or obtain control over and become the primary beneficiary of Feng Hui through contractual arrangements for a cash consideration of no less than RMB15,000,000. Feng Hui primarily provides loan facilitation services to micro, small and medium sized enterprises in the Xinjiang Uygur Autonomous Region. Jingping Li, co-founder and CEO of China Lending, commented, "The disposal of Feng Hui allows us to improve our liability position and convert our accounts receivables into cash. The disposal will further improve our liquidity while eliminating the majority of our debt and financing costs so that we can commit our resources to the development of other financing business lines with more promising prospects such as supply chain financing, asset management, and insurance facilitation. In 2019, our investments in new business lines through two subsidiaries have already achieved meaningful results. We are currently in a step-by-step process of developing financing services beyond direct lending in China's economically developed regions. The disposal of Feng Hui is a decisive step towards reinvigorating our growth."
GOLD

Hot Stocks

07:16 EDT Barrick Gold sees 2019 gold production 5.1M-5.6M ounces
APOP

Hot Stocks

07:15 EDT Cellect Biotechnology announces 'positive' outcome from (DSMB on ApoGraft - Following the one month data of the 9th patient, the Data and Safety Monitoring Board reviewed the safety data from Cellect Biotechnology Ltd.'s ongoing Phase 1/2 clinical study of ApoGraft, and announced that the DSMB unanimously recommended dose escalation and the continuation of enrollment for the fourth and final dose cohort in the study. At one-month post transplantation, the patient has shown complete engraftment and has not demonstrated any procedure-related adverse effects. The company currently expects to complete the patient recruitment by the end of 2019 and release data during the first half of 2020. The primary endpoint of the study is to evaluate the overall incidence, frequency, and severity of adverse events potentially related to ApoGraft at 180-days post-transplant. In the U.S., the company moved closer to the U.S. clinical trial as Washington University's Scientific Review Committee approved the company's study, with no comments. This, along with the other milestones that have been achieved by the company over the past few months demonstrate solid progress and the company is looking forward to working with its clinical partner and sharing further progress in the coming months.
GOLD

Hot Stocks

07:15 EDT Barrick Gold reports Q2 production of 1.353M ounces of gold
GLOB

Hot Stocks

07:11 EDT Globant acquires Belatrix Software, terms not disclosed - Globant announced the acquisition of Belatrix Software, a leading agile product development company with nearly 20 years of experience and a presence in Peru, Colombia, Spain, the United States and Argentina.
UDR MET

Hot Stocks

07:10 EDT UDR, Inc. announces URD/MetLife Investment Management JV deal valued at $1.76B - UDR, Inc. announced that it has entered into an agreement with MetLife Investment Management (MET) to: acquire the approximately 50% interest not previously owned in 10 UDR/MetLife Investment Management Joint Venture operating communities, one community under development and four accretive development land sites, valued at $1.1B, or $557 million at UDR's share, and, sell its approximately 50% ownership interest in five UDR/MetLife Investment Management Joint Venture communities valued at $645M, or $323M at UDR's share, to MetLife Investment Management. After accounting for the assumption of in-place debt totaling $540M at fair-market value, or FMV, the company's net cash outflow to complete the swap is expected to be approximately $105M. The transaction is expected to close during the fourth quarter, subject to customary closing conditions and closing price adjustments. The deal is estimated to be 0c-1c accretive to FY20 EPS and 1c-2c accretive to FY20 FFOA per share, inclusive of FMV debt adjustments. "We are pleased to be acquiring these high-quality communities while also simplifying the UDR/MetLife Investment Management Joint Venture structure and increasing select 2019 earnings guidance ranges," said Tom Toomey, UDR's Chairman and Chief Executive Officer. "The acquired communities are primarily located in markets targeted for expansion, are immediately accretive to our earnings, have operational upside and improve the diversification of our portfolio. Following the transaction, we look forward to continuing to partner with MetLife Investment Management on the remaining properties in the joint venture relationship." Robert Merck, global head of real estate at MetLife Investment Management, said: "This transaction will drive significant long-term benefits for both UDR and MetLife Investment Management, and further underscores the strong partnership between our respective organizations."
EOLS

Hot Stocks

07:08 EDT Evolus expects European approval of Jeuveau in 2H19 - The company said it "received a revised positive opinion from the Committee for Medicinal Products for Human Use and now expect European approval in the second half of 2019."
ARMK BYND

Hot Stocks

07:07 EDT Aramark utilizes Beyond Meat products to expand menu selections - Aramark (ARMK) chefs are using products, like Beyond Meat's (BYND) burgers, sausage, crumbles and more, to expand menu selections and provide the choices that meet individual lifestyle and dietary preferences on college campuses, in hospitals and businesses, at schools and in ballparks nationwide. Aramark data indicates 60% of consumers want to reduce their meat consumption, with 33% identifying health and 17% identifying weight management as motivators. In addition to offering guests more choices, developing more plant-based menu options aligns with Aramark's efforts to accelerate climate-healthy menus that lower greenhouse gas emissions. Aramark chefs are working to develop a Gumbo bowl for hospital patient menus using Beyond Sausage, which will be part of its patient bowl pilot program. The Twisted Beet, Aramark's new plant-forward comfort food concept, offers a New Orleans-inspired plate, featuring "dirty grains" and greens topped with Beyond Sausage. Additional offerings include cauliflower mac & cheese and avocado kale salad. Aramark continues to develop new Beyond Burger concepts for sports fans, including the Caribbean-inspired option at Minute Maid Park, in Houston, that includes black beans, avocado, pineapple and sriracha. Aramark offers baseball fans Beyond Sausage topped with fried shallots at Kansas City's Kauffman Stadium and Beyond Sausage Brat Original at a dedicated vegan stand at Citi Field, in Queens, New York. In addition to Beyond Meat, Aramark has recently partnered with other companies, such as JUST and Ocean Hugger Foods, to offer limited time, plant-based menu items at select locations.
CASI

Hot Stocks

07:07 EDT Casi Pharmaceuticals announces launch of EVOMELA in China - CASI Pharmaceuticals announces the product launch of EVOMELA in China which is the first commercial product for the company. EVOMELA received market approval by the China National Medical Products Administration for use as high-dose conditioning treatment prior to hematopoietic progenitor cell transplant in patients with multiple myeloma, and as a palliative treatment of patients with multiple myeloma for whom oral therapy is not appropriate. It is the only approved and commercially available melphalan product in China.
CLDR IEP

Hot Stocks

07:06 EDT Cloudera in standstill pact with Carl Ichan, to add 2 representatives to board - Cloudera (CLDR) announced that it has reached a voting and standstill agreement with Carl C. Icahn and certain of his affiliated entities regarding, among other things, the membership and composition of the company's board of directors and its committees. Based on the Icahn Group's Schedule 13D filings, the company believes the Icahn Group beneficially owns 50,343,460 shares, representing approximately 18.36% of the company's outstanding common stock. Under the terms of the agreement, Cloudera has agreed to appoint Nicholas Graziano and Jesse Lynn, both of whom are employees of Icahn Enterprises (IEP), to the company's board of directors, effective immediately. Cloudera, which has a classified board, will appoint Messrs. Graziano and Lynn as Class I directors whose terms expire at the company's 2021 annual meeting. Cloudera will also expand the size of its board to 10, and has agreed to limit the size of its board to 10 for the term of the agreement, though the company is permitted to increase the size of the Board to 11 to add the company's new CEO to the board upon his or her hiring. Cloudera has also agreed to appoint Graziano to the Mergers & Acquisitions Committee of the board and Lynn to the CEO Search Committee of the board. Under the terms of the Agreement, the Icahn Group has agreed not to nominate any directors at the company's 2020 annual meeting of stockholders, to vote all shares of the company's common stock beneficially owned by the Icahn Group in favor of the company's director nominees, and vote in favor of the board's recommendation to ratify the appointment of the company's independent auditor at the annual meeting of stockholders in 2020. The Icahn Group will also limit its beneficial ownership of Cloudera securities to 20% of outstanding common stock and abide by customary standstill provisions and voting commitments.
RAD

Hot Stocks

07:05 EDT Rite Aid appoints Heyward Donigan as CEO - Rite Aid announced that the board has appointed Heyward Donigan as CEO and a member of the board, effective immediately. As planned, John Standley will step down from his role as CEO in connection with this announcement. Most recently, Donigan served as the president and CEO of Sapphire Digital.
HTBX

Hot Stocks

07:03 EDT Heat Biologics announces FDA clearance of application to start Phase 1 trial - Heat Biologics announced that the U.S. Food & Drug Administration has cleared the company's Investigational New Drug application to initiate a Phase 1 clinical trial of HS-130, in combination with HS-110, for patients with advanced solid tumors refractory to standard of care. HS-130 is Heat's allogeneic cell line engineered to express the extracellular domain of OX40 ligand fusion protein, a key costimulator of T cells, with the potential to augment antigen-specific CD8+ T cell response. HS-130 was manufactured by utilizing the company's proprietary process of reprogramming a live, genetically modified cell line. Improved efficacy and safety were demonstrated in multiple preclinical scenarios using OX40L-Fc via cell-based delivery compared to systemic delivery of an OX40 agonist antibody in combination with HS-110. "HS-130 represents a major advance in the broad utility and versatility of our T-Cell Activation Platform," said Jeff Wolf, Founder & CEO of Heat. "We are leveraging the scientific, clinical and manufacturing expertise that we refined in the development of our HS-110 program in our effort to advance multiple cell-based cancer therapeutics for the activation of patients' immune system. We look forward to providing further updates on both the upcoming trial and clinical enrollment, which we expect to commence in the fourth quarter of 2019."
CLDR

Hot Stocks

07:02 EDT Cloudera to add two Ichan representatives to board, reaches standstill agreement
MDR

Hot Stocks

06:58 EDT McDermott awarded FEED services contract from PetroLogistics ll - McDermott announced it has been awarded a contract by PetroLogistics ll to perform the front-end engineering design, or FEED, services for a propane dehydrogenation, or PDH, facility planned for the U.S. Gulf Coast. Under the scope of the contract, McDermott will assist in the development of a PDH plant to be constructed on the U.S. Gulf Coast. The plant has a design basis of 500 KTA. McDermott was selected due to its strength in engineering and extensive knowledge in executing fluid catalytic cracking projects. This award was reflected in McDermott's Q2 backlog.
LAZ

Hot Stocks

06:46 EDT Lazard reports preliminary AUM approximately $234.8B as of July 31 - The month's AUM included market appreciation of $1.5B; net outflows of $2B; and foreign exchange depreciation of $2.1B.
MNK

Hot Stocks

06:46 EDT Mallinckrodt confirms enrollment of first patient in MNK-6106 Phase 2a study - Mallinckrodt confirmed enrollment of the first patient in the company's Phase 2a study assessing the pharmacokinetics, pharmacodynamics and safety of the oral investigational drug MNK-6106 versus rifaximin in patients with hepatic cirrhosis and hepatic encephalopathy. Study completion is expected by Q1 of 2020.
WDR

Hot Stocks

06:45 EDT Waddell & Reed reports preliminary AUM $71.5B as of July 31 - Compared to $71.9B on June 30.
IMUX

Hot Stocks

06:34 EDT Immunic enrolls first patient in IMU-838 trial for patients with PSC - Immunic announced enrollment of the first patient in an investigator-sponsored proof-of-concept clinical trial of IMU-838 for the treatment of patients with primary sclerosing cholangitis, or PSC. IMU-838 is an orally available selective immune modulator that inhibits the intracellular metabolism of activated immune cells by blocking the enzyme dihydroorotate dehydrogenase, or DHODH. PSC is a progressive disease of the liver with unknown cause and a prevalence of about 4.15 per 100,000 in the United States. Other than liver transplantation, there are currently no approved therapies that have been shown to improve survival in patients with PSC. The proof-of-concept study, for which Immunic is providing the study medication, is a single-arm, open-label, exploratory study planning to enroll a total of 30 patients with PSC, aged 18 to 75 years, who will receive 30mg IMU-838 once daily for a period of six months. The trial's primary endpoint is the change in serum alkaline phosphatase, or ALP, at six months compared to baseline. In previous trials, a biochemical endpoint such as change in serum ALP has been an accepted biomarker of disease progression in PSC patients.
PCG

Hot Stocks

06:21 EDT PG&E evaluating proposal from Knighthead Capital, Abrams Capital - PG&E said on Friday it is evaluating a proposal from hedge funds Knighthead Capital Management and Abrams Capital Management to provide equity capital commitments supporting a plan to reorganize the company. ""The Company has received the financing proposal from Abrams and Knighthead and is evaluating it, including the backstop commitment letters and related materials, in consultation with the Company's advisors. The Company will respond to the proposal in due course. PG&E intends to work collaboratively with all of its stakeholders as we continue to further refine a plan of reorganization that meets the objectives outlined in our second-quarter earnings release and recent filings with the Bankruptcy Court."
UNVR

Hot Stocks

06:09 EDT Univar announces distribution agreement with Novozymes in Russia - Univar LLC, a subsidiary of Univar, announced an agreement with Novozymes to expand the geographical scope of its relationship to include Russia with enzymes for the baking industry. The agreement with Novozymes provides Univar Solutions a platform to expand the scope of its activities into the Russian food and beverage market, where both companies see significant potential for profitable business growth.
NINE

Hot Stocks

06:08 EDT Nine Energy Services sees 'significant activity declines' in 2H19 - Management said, "We remain focused and confident on the introduction and commercialization of our new technologies in Q1 of 2020, including a low-temperature dissolvable plug targeted for the Permian and Northeast markets. These technology developments, along with cash generation and evaluation of our current service lines and geographies remain our top priorities for 2019. At Nine, we never forecasted a back-half recovery, which continues to be our view. With so much volatility in the market, in conjunction with operators unwavering commitment to staying within capital budgets, we do anticipate significant activity declines throughout the rest of the year, especially in the Northeast, which will adversely affect both our U.S. Wireline and Completion Tools divisions. Nonetheless, we remain extremely excited about our ability to generate strong cash flow in a volatile market and about the tools and technology we are developing."
NIO

Hot Stocks

06:05 EDT NIO Inc. announces delivery of 837 vehicles in July - NIO delivered 837 vehicles in July, consisting of 673 ES6s, the company's 5-searter high-performance premium electric SUV, and 164 ES8s, the company's 7-seater high-performance premium electric SUV and its 6-seater variant. As of July 31, 2019, aggregate deliveries of the company's ES8 and ES6 reached 19,727 vehicles, of which 8,379 vehicles were delivered in 2019. "Our deliveries in July were negatively impacted by multiple factors," said William Li, founder, chairman and CEO of NIO. "In July we completed our voluntary battery recall for 4,803 ES8s. During the month, we prioritized battery manufacturing capacity for this effort, which significantly affected our production and delivery results. In addition, some deliveries were pushed forward into June in anticipation of further electric vehicle subsidy reductions that took effect at the end of June. Lastly, China's macroeconomic and auto market conditions remained challenging, exacerbated by the US-China trade conflict and the decline in passenger vehicle sales on a year over year basis for 13 of the past 14 months."
YIN

Hot Stocks

06:04 EDT Yintech Investment appoints Raphael Qian as CFO - Yintech Investment announced that its board appointed Raphael Qian as Vice President and CFO of the company. With this appointment, Wenbin Chen, CEO and interim CFO of the company will focus on strategies and business operations. Prior to this appointment, Qian was Vice President and financial controller of Shanghai Dasheng Agricultural Finance.
MESO

Hot Stocks

06:04 EDT Mesoblast names Dr Fred Grossman as Chief Medical Officer - Mesoblast is pleased to announce the appointment of Dr Fred Grossman as Chief Medical Officer, based in New York. Dr Grossman brings a wealth of commercial experience gained from numerous leadership roles at global pharmaceutical companies. The appointment aligns closely with the company's commercial objectives for its lead products. Dr Grossman has over 20 years of industry experience, and has held key leadership positions at major global pharmaceutical companies, including Eli Lilly, Johnson & Johnson, Bristol Myers Squibb, Sunovion, and Glenmark.
TSM

Hot Stocks

06:01 EDT TSMC reports July revenue NT$84.76B, up 14% y/y - TSMC announced its net revenues for July 2019: On a consolidated basis, revenues for July 2019 were approximately NT$84.76B, an decrease of 1.3% from June 2019 and an increase of 14% from July 2018. Revenues for January through July 2019 totaled NT$544.46B, a decrease of 2% compared to the same period in 2018.
SF

Hot Stocks

06:01 EDT Stifel Financial to acquire George K. Baum & Company, terms not disclosed - Stifel Financial announced it has entered into a definitive agreement to acquire certain assets of George K. Baum & Company, a recognized industry leader in the structuring, underwriting, and marketing of taxable and tax-exempt municipal securities. Terms of the transaction were not disclosed and it is expected to close in the fourth quarter. The transaction does not include George K. Baum Capital Advisors or Baum Capital Partners and those businesses will not be impacted by this acquisition.
NTZ

Hot Stocks

05:39 EDT Natuzzi announces 'short-term actions' in response to China/U.S. tariffs - Natuzzi provided the following statement: "The increase in customs tariffs imposed by the United States on goods produced in China have generated new challenges for our company. In response, Natuzzi is taking steps to implement changes in its business model aimed at delivering greater value to customers, clients and shareholders. The details of our revised business plan are expected to be communicated in September. Broadly, the business plan includes: extending our Natuzzi-branded distribution and retail operations in key geographical areas revising the existing value chain and streamlining processes, structures and operations delivering greater value to our customers and reorganizing the company to meet the demands of evolving markets. Natuzzi expects to implement a set of initiatives consistent with the business plan: beginning the process of selling non-strategic assets to fuel retail development reshaping manufacturing operations obtaining financial support from Invitalia, including funding for innovation measures and workers' training exploring new commercial partnerships in different countries. Pasquale Natuzzi, Chairman and CEO, stated: "In the business plan that we will be presenting in September, we include a series of actions to extend our direct-to-consumer operations and the revision of our value chain. We are planning a series of initiatives, including the sale of non-strategic assets, the revision of our manufacturing configuration in Europe, China and Brazil, reducing unnecessary capacity and pursuing alternative manufacturing strategies. Alongside this, we've put in place further building blocks for future growth. We have started negotiations with major parties to expand our distribution and retail network in key geographies. We have been granted financial support by Invitalia that includes investments for productivity improvement. We are developing digital solutions aimed at retail development and operational efficiency. We have started to introduce new skilled managers in order to grow consistently with the markets we see evolving. We have a comprehensive set of plans and we're focused on executing them well. We are proud that the Natuzzi brand is recognized globally for its outstanding products and services, and we are confident we have the right assets and capabilities to ensure the creation of long-term growth opportunities and capitalize on the new positions we are building."
ATRC

Hot Stocks

05:33 EDT AtriCure agrees to acquire SentreHEART in cash, stock deal - AtriCure announced that it has entered into a definitive agreement to acquire SentreHEART, a privately held developer of percutaneous left atrial appendage management solutions. The company also announced updated FY19 guidance. Under the terms of the agreement to acquire SentreHEART, the transaction consideration consists of an upfront payment of approximately $40M in cash and AtriCure common stock, plus additional contingent consideration based on the achievement of certain clinical and reimbursement milestones over the next several years, all of which are value-creating events. Of the contingent consideration, $140M is based on milestones related to the aMAZE IDE clinical trial, including PMA approval, and $120M is based on a milestone related to reimbursement for the therapy involving SentreHEART devices. All contingent consideration would be payable in a combination of cash and stock. Subject to customary closing conditions, the transaction is expected to close in the next several days. AtriCure shareholder approval is not required.
MSFT

Hot Stocks

05:08 EDT Microsoft enters strategic relationship with Jio - Reliance Jio Infocomm, a subsidiary of Reliance Industries, and Microsoft are embarking on a unique, comprehensive, long-term strategic relationship aimed at accelerating the digital transformation of the Indian economy and society. This 10-year commitment combines the world-class capabilities of both companies to offer a detailed set of solutions comprising connectivity, computing, storage solutions, and other technology services and applications essential for Indian businesses and will span the broad Reliance Industries ecosystem including its existing and new businesses. In combining efforts, Jio and Microsoft aim to enhance the adoption of leading technologies like data analytics, AI, cognitive services, blockchain, Internet of Things, and edge computing among small and medium enterprises to make them ready to compete and grow, while helping accelerate technology-led GDP growth in India and driving adoption of next-gen technology solutions at scale. As part of this new agreement: Jio will provide its internal workforce with cloud-based productivity and collaboration tools available with Microsoft 365 and will migrate its non-network applications to the Microsoft Azure cloud platform. Jio's connectivity infrastructure that aims to connect everyone, everything, everywhere will promote the adoption of the Microsoft Azure cloud platform within its growing ecosystem of startups, as part of Jio's cloud-first strategy. Jio will set up datacenters in locations across India, consisting of next-generation compute, storage and networking capabilities, and Microsoft will deploy its Azure platform in these datacenters to support Jio's offerings. The initial two datacenters, which can house IT equipment consuming up to 7.5 MW of power, are being set up in the states of Gujarat and Maharashtra. These are targeted to be fully operational in calendar year 2020. Jio will leverage the Microsoft Azure cloud platform to develop innovative cloud solutions focused on the needs of Indian businesses. Through these Jio-developed solutions: Indian startups will have access to efficient and affordable cloud infrastructure and platform services, enabling them to develop innovative products and services faster and more cost-effectively. Small and medium businesses in India will have access to a range of cloud-based productivity, collaboration and business applications including Office 365, enabling them to compete more effectively in the Indian marketplace. Large companies will be able to accelerate their own digital transformations by leveraging new Jio solutions that can work with Microsoft offerings already in use today within many large enterprises. The partner ecosystem in India will have the opportunity to leverage Jio's new offerings to serve the unique needs of their customers and rapidly grow their businesses. Jio will be executing on its vision of integrated speech and computer vision solutions for Indian customers by working together with Microsoft to develop solutions that support major Indian languages and dialects, which will promote the adoption of technology across all cross-sections of Indian society.