Stockwinners Market Radar for August 23, 2019 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

17:53 EDT Maxim Integrated's Jain sells 12,683 common shares - In a regulatory filing, Maxim Integrated senior VP Vivek Jain disclosed the sale of 12,683 common shares of the company at a price of $54.92 per share.

17:33 EDT Golden Minerals receives noncompliance notice from NYSE - Golden Minerals announced that the company was notified by the NYSE that it was not in compliance with one of NYSE's continued listing standards as set forth in Part 10 of the NYSE American Company Guide. Specifically, the company is not in compliance with Section 1003 of the company guide since it reported stockholders' equity of less than $6M as of June 30 and losses from continuing operations and/or net losses in its five most recent fiscal years. In order to maintain its listing on the NYSE, the company was asked to submit a plan of compliance no later than September 18 advising how the company intends to regain compliance with Section 1003 by February 19, 2021. The company intends to prepare and submit its plan of compliance to the NYSE. The notification from the NYSE has no immediate effect on the company's common stock or its business operations. The company's common stock will continue to be listed on the NYSE subject to the company's compliance with other continued listing requirements.

17:22 EDT Raytheon awarded $534M Army contract - Raytheon was awarded a $534M hybrid contract for horizontal technology integration second generation forward looking Infrared, or 2GF, commander's independent thermal viewer, or CITV, azimuth drive assemblies, azimuth drive armor caps and rings, spares and engineering services. One bid was solicited with one bid received. Work locations and funding will be determined with each order, with an estimated completion date of August 23, 2026. U.S. Army Contracting Command is the contracting activity.

17:19 EDT General Dynamics awarded $1.08B Navy contract modification - General Dynamics has been awarded a $1.08B fixed-price-incentive modification to a previously awarded contract for the procurement of detail design and construction of expeditionary sea base, or ESB, 6 and ESB 7, as well as definitization of ESB 6 long lead time material, pre-production and engineering support. Work is expected to be complete by January 2025. This contract includes options, which, if exercised, would bring the cumulative value of this contract to $1.63B and be complete by January 2025. FY19 and FY18 shipbuilding and conversion funding in the amount of $1B will be obligated at time of award and will not expire at the end of the current fiscal year. This contract was not competitively procured in accordance with U.S. Code 2304 only one responsible source and no other supplies or services will satisfy agency requirements. The Naval Sea Systems Command, Washington is the contracting activity.

17:14 EDT Lockheed Martin awarded $2.43B Navy contract modification - Lockheed Martin has been awarded $2.43B for modification to a previously awarded firm-fixed-price, indefinite-delivery/indefinite-quantity contract F-35 Lightning II joint strike fighter initial spares for the Marine Corps, Navy, Air Force, non-U.S. Department of Defense, or DoD, participants, and foreign military sales, or FMS, customers. Spares to be procured include global spares packages, base spares packages, deployment spares packages, afloat spares packages and associated consumables. All orders are expected to be placed no later than December 2020. No funds will be obligated at time of award, funds will be obligated on individual delivery orders as they are issued. The Naval Air Systems Command is the contracting activity.

16:58 EDT Assured Guaranty CEO sells 30,300 common shares - In a regulatory filing, Assured Guaranty president, CEO, and deputy chairman Dominic Frederico disclosed the sale of 30,300 common shares of the company at a price of $43.70 per share.

16:32 EDT Visa CFO Prabhu sells over 25,000 class A common shares - Visa vice chairman and CFO Vasant M. Prabhu disclosed the sale of 25,051 class A common shares of the company at a price of $181.1361 per share.

16:30 EDT Amira Nature Foods receives NYSE notice over late Form 20-F filing - Amira Nature Food announced that New York Stock Exchange Regulation, Inc., by letter dated August 16, 2019 notified the company that it was not in compliance with the NYSE's continued listing requirements because the company did not timely file its Annual Report on Form 20-F for the fiscal year ended March 31, 2019. The letter further notified the company that its failure to hold an annual meeting for the year ended March 31, 2019 violated Section 302 of the NYSE Listed Company Manual.

16:10 EDT Tandy Leather receives noncompliance notice from Nasdaq - Tandy Leather received a notice from Nasdaq stating that because the company has not yet filed its quarterly report on form 10-Q for the three- and six-months ended June 30, the company is not in compliance with the continued listing requirements of Nasdaq Listing Rule 5250. Nasdaq Listing Rule 5250 requires the company to timely file all required periodic reports with the SEC. The company previously reported that it anticipated a delay in filing the form 10-Q. Under the Nasdaq listing rules, the company has until October 21 to submit to Nasdaq a plan to regain compliance. If the company is unable to file the form 10-Q by October 21, the company intends to submit such a plan to Nasdaq on or before the deadline. If Nasdaq accepts the company's plan, it can grant an exception of up to 180 calendar days after the applicable due date for the filing of the form 10-Q, or until February 17, 2020, to regain compliance. If Nasdaq does not accept the company's plan, then the company will have the opportunity to appeal that decision to a Nasdaq hearings panel. The notice has no immediate effect on the listing or trading of the company's common stock on Nasdaq.

16:06 EDT Avista files PGA request with Idaho PUC - Avista its Purchased Gas Cost Adjustment request with the Idaho Public Utilities Commission that, if approved, is designed to increase overall natural gas revenues by approximately $3.3M or 5.6%effective Nov. 1, 2019. These annual filings have no impact on Avista's earnings, and are not related to the general rate case filed in June 2019, the company said. If the request is approved, Avista residential customers using an average of 64 therms per month would see their monthly bill to increase from $47.62 to $49.88, beginning Nov. 1, 2019, an increase of $2.26 or 4.8%, according to Avista.

13:48 EDT Chicago Capital reports 5.2% passive stake in Dynavax - In a regulatory filing, Chicago Capital disclosed a 5.2% stake in Dynavax, which represents nearly 4.4M shares. The filing does not allow for activism.

13:03 EDT Baker Hughes reports U.S. rig count down 19 to 916 rigs - Baker Hughes reports that the U.S. rig count is down 19 rigs from last week to 916, with oil rigs down 16 to 754, gas rigs down 3 to 162, and miscellaneous rigs unchanged at 0. The U.S. Rig Count is down 128 rigs from last year's count of 1,044, with oil rigs down 106, gas rigs down 20, and miscellaneous rigs down 2. The U.S. Offshore Rig Count is up 1 rig to 28 and up 10 rigs year-over-year. The Canada Rig Count is down 3 rigs from last week to 139, with oil rigs down 6 to 95 and gas rigs up 3 to 44. The Canada Rig Count is down 90 rigs from last year's count of 229, with oil rigs down 58 and gas rigs down 32.

12:14 EDT Cinedigm acquires North American rights to Badland - Cinedigm Corp announced that it has acquired all North American Distribution rights to Papa Octopus' Badland, a western starring Kevin Makely, Mira Sorvino, Trace Adkins, Bruce Dern, Tony Todd, Wes Studi and Jeff Fahey.

12:00 EDT DRDGOLD rises 9.4% - DRDGOLD is up 9.4%, or 38c to $4.43.

12:00 EDT Direxion Daily Jr Gld Mnrs Bull 3X Shrs rises 13.2% - Direxion Daily Jr Gld Mnrs Bull 3X Shrs is up 13.2%, or $10.15 to $87.21.

11:15 EDT Essa Pharma trading resumes

10:04 EDT Synalloy announces rejection of offer from Privet Fund Management - Synalloy Corporation announced that the Executive Committee of its Board of Directors, acting on behalf and with the unanimous support of the Company's Board of Directors, after deliberation and careful consultation with its independent financial and legal advisors, once again rejected an unsolicited offer by Privet Fund Management for a proposed transaction whereby Privet would purchase all of the issued and outstanding shares of Synalloy not already owned by Privet. Privet's most recent offer indicated a lower price than its offer dated May 29, 2019. "The Board and management team continue to believe we can create greater value for our shareholders with our strategy of growing our existing segments and pursuing accretive acquisitions and expansion into complementary product lines," said CEO Craig Bram.

10:00 EDT Foot Locker falls -11.8% - Foot Locker is down -11.8%, or -$4.97 to $36.96.

10:00 EDT Vedanta rises 7.1% - Vedanta is up 7.1%, or 51c to $7.66.

10:00 EDT Pivotal Software rises 8.6% - Pivotal Software is up 8.6%, or $1.18 to $14.88.

09:49 EDT Einhorn says Tesla CEO Musk 'should resign' over 'dangerous solar panels' - David Einhorn, the head of hedge fund Greenlight Capital who has previously disclosed a short position in Tesla, said in a series of tweets: "If @Tesla wants to save the human species, it should pay more attention to the safety of its own customers. You shouldn't have to be Walmart to have your dangerous solar panels fixed. [...] How many solar panels are still defective and could cause fires? @Tesla should immediately notify the people who live in and work in buildings at risk. Secret Project Titan is over the line. A recall should have happened long ago @USCPSC. @elonmusk should resign." Reference Link

09:47 EDT Borr Drilling falls -8.3% - Borr Drilling is down -8.3%, or -45c to $4.96.

09:47 EDT Britannia Bulk rises 7.4% - Britannia Bulk is up 7.4%, or 49c to $7.09.

09:47 EDT Corporacion America Airport rises 11.7% - Corporacion America Airport is up 11.7%, or 68c to $6.50.

09:16 EDT Pilgrim license transfer approved by Nuclear Regulatory Commission - The U.S. Nuclear Regulatory Commission yesterday approved the application to transfer the licenses for the Pilgrim Nuclear Power Station from Entergy to a Holtec International subsidiary for decommissioning, paving the way for completion of the plant's sale to Holtec. The companies jointly filed a License Transfer Application with the NRC in November 2018, requesting approval for the transfer of Pilgrim, along with the plant's Nuclear Decommissioning Trust and decommissioning liability, to Holtec. In its order, the NRC found that Holtec possesses the required technical and financial qualifications to own and decommission Pilgrim safely and in accordance with all NRC requirements.

09:11 EDT Fly Intel: Pre-market Movers - HIGHER: Pivotal Software (PVTL) and Carbon Black (CBLK), up 8% and 6%, respectively, after each agreed to be acquired by VMware (VMW). UP AFTER EARNINGS: The Buckle (BKE), up 5%. DOWN AFTER EARNINGS: Foot Locker (FL), down 11%... HP Inc. (HPQ), down 10%... Gap (GPS), down 5%... Ross Stores (ROST), down 2%... ALSO LOWER: VMware, down 6% after reporting Q2 earnings and announcing the acquisitions of Pivotal Software and Carbon Black.

09:07 EDT ChinaCache announces new board chairman, committee appointments - ChinaCache International Holdings announced the appointment of a new Board of Directors'Chairman in addition to new committee appointments at a meeting held on August 20. The Board nominated and elected Mr. Bang Zhang to serve as the company's Board Chairman. Mr. Zhang has served as an independent director of ChinaCache since 2017. Mr. Zhang has more than twenty years of financial experience and currently serves as the Chief Financial Officer of DG Group, a social network and media company. Previously, Mr. Zhang served in various capacities as a director, chief financial officer, controller and accounting manager for a number of public and private companies. Mr. Zhang holds an MBA and is a fellow member of CGMA and CIMA. Additionally, recently appointed independent board director, Mr. Dong Yu, was nominated and appointed Chairman of the Remuneration Committee and Chairman of the Nominating Committee. Mr. Yu, a CPA, based in Shanghai, serves as Vice President of Finance, APAC Region for Nexans Cable (China) Co., Limited, a regional subsidiary of Nexans S.A. a global player in the cable and optical fiber industry and second largest global manufacturer of cables. Mr. Yu through his deep experience working in the APAC region, brings leadership experience from working across various commercial, operational and compliance functions.

08:50 EDT Orbit International acquires assets of Q-Vio, sees accretion to earnings - Orbit International announced that it has purchased the assets of Q-Vio, LLC. The transaction has been structured as an asset sale in which Orbit, through a newly formed subsidiary that will operate under the name Q-Vio Corp., will purchase substantially all of Q-Vio's assets and assume certain of its liabilities. The purchase price will consist almost entirely of an earn-out to Q-Vio based on the attainment of certain revenue and gross profit benchmarks through December 31, 2022. Q-Vio Corp. will operate as a wholly owned subsidiary of Orbit and become part of the Orbit Electronics Group. Q-Vio's annual sales have been approximately $2M-$2.5M since 2016 with gross margins in excess of 40%. Q-Vio's current backlog is in excess of $900,000 and sells its products in the military, industrial, marine and broadcast marketplaces. In addition, Q-Vio, which is located in San Diego, California, has an expiring lease as of August 31, 2019. Consequently, its operations in San Diego will be closed and all manufacturing and administrative functions will be moved to Orbit's facility in Hauppauge, NY. Ray Pronko, Q-Vio's President, will become VP of Marketing and Sales of Q-Vio Corp. and will operate out of Orbit's sales office in Bradenton, Florida. In addition, two Q-Vio employees in mechanical engineering and sales application engineering will be retained by Orbit. Additionally, Q-Vio Corp. will continue Q-Vio's practice of utilizing several manufacturing contractors in China for certain high-volume sales opportunities in order to preserve its 40% gross margin objectives. Mitchell Binder, President and CEO of Orbit International commented, "We welcome the addition of Q-Vio and incorporating its operation into our Hauppauge facility, which will enable us to take advantage of our excellent operating leverage. Consequently, this acquisition should be accretive to our Company's earnings. In addition, we are confident that Ray Pronko will be a great addition to our sales organization and provide new sales opportunities for our OEG as well as our OEG sales team adding new opportunities for Q-Vio, particularly for military applications...Our profitability over the past several years has generated favorable operating cash flow and positioned us with a strong balance sheet. We have utilized our cash to repurchase 619,475 share since January 1, 2017, instituted a quarterly cash dividend beginning in the third quarter of 2018 and will continue to seek out strategic accretive acquisitions, all to enhance shareholder value."

08:32 EDT Ferroglobe 'welcomes' CITT decision on anti-dumping, countervailing duties - Ferroglobe said it "welcomes the decision by the Canadian International Trade Tribunal to continue its anti-dumping/countervailing duty finding in respect of imports of silicon metal from China for a further 5-year period." The original finding was made in November 2013 and resulted from a complaint filed jointly by the sole Canadian producer of silicon metal, Quebec Silicon Limited Partnership, and its marketing affiliate QSIP Canada ULC, both subsidiaries of the Company. The anti-dumping duties range from 47% to 235% and the countervailing duties range from RMB 1,460/MT to RMB 1,945/MT and have been in effect since 2013. These duties have allowed Quebec Silicon Limited Partnership and QSIP Canada ULC to re-establish their position as a viable supplier to the Canadian market. Ferroglobe's CEO Pedro Larrea commented, "This decision by the CITT preserves our investments and better enables our workers to enjoy a stable work environment and fair wages. It is important that Ferroglobe continues to evaluate and pursue such trade cases to ensure that we compete with foreign producers on a level playing field. We appreciate the dedicated work of the Canadian trade authorities and look forward to working with our Canadian customers and supporting their growth."

08:08 EDT QCR Holdings appoints James Field as independent director - QCR Holdings (QCRH) announced the appointment of James Field, as a new independent director of the Company, effective August 22, 2019. Field is President, Worldwide Construction & Forestry and Power Systems, a division of John Deere (DE)/

08:04 EDT Anheuser-Busch says not making offer to purchase remaining shares of CBA - Anheuser-Busch released the following statement regarding the company's commercial partnership with Craft Brew Alliance: "The long-standing and strong partnership we have with Craft Brew Alliance is extremely valuable to Anheuser-Busch. While we are not making an offer to purchase the remaining shares of CBA, our existing commercial partnership with CBA continues to be a key complement to our industry-leading craft portfolio and we look forward to working together for many years to come." -- Marcelo "Mika" Michaelis, president, Brewers Collective, Anheuser-Busch. Anheuser-Busch and Craft Brew Alliance have a long-lasting and strong commercial relationship that includes distribution and brewing agreements. Anheuser-Busch continues to own a 31.3% stake in CBA.

08:03 EDT Tractor Supply COO Steve Barbarick resigns - The Company announced that Steve Barbarick, president and COO, has resigned effective August 23, 2019.

08:02 EDT Tenax Therapeutics provides levosimendan clinical trial update - Tenax Therapeutics provided an update on its on-going clinical trial of levosimendan. Tenax is conducting a multi-center, double-blind placebo controlled Phase 2 trial designed to evaluate levosimendan in patients with pulmonary hypertension and heart failure with preserved ejection fraction, or PH-HFpEF. The study is also known as the HELP trial. There are currently 12 activated sites, with an additional three sites expected to be activated over the next few weeks, which the company believes will be sufficient to fully enroll the trial. Eight patients, up from three at the end of June, are currently enrolled out of the targeted 36 patients. Three of the eight patients have completed the initial 6-week HELP protocol and have rolled over into the 2-year extension phase.

07:52 EDT Unisys awarded contract valued at up to $25M by state of Georgia - Unisys announced that the State of Georgia has selected the company to enable 47,000 email users at 14 state government agencies to seamlessly and securely access email and tools like Microsoft Teams, SharePoint and Skype through single sign-on capability. The contract, awarded in the second quarter of this year, calls for a five-year base period, followed by three one-year option periods, and is valued at up to $25M if all options are exercised.

07:01 EDT Ziopharm reports inducement grant under Nasdaq listing rule - Ziopharm Oncology reported that the Company granted a new employee an option to purchase an aggregate of 65,000 shares of Ziopharm's common stock effective August 19, 2019. The options were granted as an inducement material to such employee's entering into employment with Ziopharm in accordance with Nasdaq Listing Rule 5635(c)(4). The option has an exercise price of $5.18 per share, the closing price of the Company's common stock on August 19, 2019. The option has a ten-year term and vests over four years, subject to the new employee's continued service with the Company on each applicable vesting date. The option is subject to the terms and conditions of the Company's Amended and Restated 2012 Equity Incentive Plan, and the terms and conditions of a stock option agreement covering the grant.

06:39 EDT Energy Focus receives Nasdaq notice of noncompliance - Energy Focus announced a notification dated August 21 from the Nasdaq Stock Market informing the company that since it has not yet filed its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, the company is not in compliance with Nasdaq Listing Rule 5250(c)(1). The Listing Rule requires listed companies to timely file all required periodic financial reports with the SEC. The Nasdaq notification letter specifies that the company has 60 calendar days, or until no later than October 21, to submit a plan to regain compliance with the Listing Rule. If Nasdaq accepts the company's plan, Nasdaq can grant an exception of up to 180 calendar days from the Quarterly Report's due date, or until February 17, 2020, to regain compliance. The company's common stock will continue to trade on the Nasdaq Capital Market pending Nasdaq's review of the company's plan to regain compliance. The company is working diligently to complete the Quarterly Report and expects to file the Quarterly Report prior to the Compliance Plan Due Date.

06:35 EDT Hibbett Sports CEO says 'pleased with the second quarter results' - Jeff Rosenthal, President and CEO, stated, "I am pleased with the second quarter results. We believe our strategic initiatives are taking hold as we recorded our third consecutive quarter of positive comparable sales. Looking ahead, we expect a solid finish to the back-to-school season as well as momentum from strong product offerings in the back half of the year. We are encouraged by City Gear's early performance as they enter the second half with a strong inventory position along with the planned migration to the Hibbett digital platform. Based on the strength of the first half and our confidence in the second half, we have updated our annual guidance. As we move forward, we will continue to drive the business with our strategic focus on leading with sneakers and connecting toe-to-head concepts with active apparel and accessories."

06:06 EDT Precision Drilling announces approval of normal course issuer bid - Precision Drilling announced that the Toronto Stock Exchange has approved its application to implement a normal course issuer bid through the facilities of the TSX and the New York Stock Exchange for a portion of its common shares. Pursuant to the NCIB notice filed with and accepted by the TSX, the company has been authorized to acquire up to a maximum of 29,170,887 Common Shares, or approximately 10% of the public float as of August 16, for cancellation. Purchases under the NCIB may commence on August 27, and will terminate no later than August 26, or such earlier time as the company completes its purchases pursuant to the NCIB or provides notice of termination.

06:03 EDT 360 Finance CEO Jun Xu resigns, Haisheng Wu named successor - 360 Finance announced that Jun Xu has resigned from his roles as the company's director and CEO due to personal and family reasons, effective immediately. Haisheng Wu, the president and co-founder of the company, was appointed as a director and promoted as the CEO, effective immediately. He will also serve as a member of the board's compensation committee.