Stockwinners Market Radar for September 05, 2019 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

TNAV GM

Hot Stocks

20:13 EDT TeleNav says GM announcement does not alter its 2020, 2021 forecasts - Telenav (TNAV) as a response to an announcement made by General Motors (GM), made the following business update: "Telenav has a strong and ongoing relationship with GM, with a contract effective through model year 2025. GM's announcement today does not alter the contract in any way. Telenav does not expect GM's announcement to affect Telenav's internal operating forecasts for fiscal years 2020 and 2021. Telenav notes that its guidance issued on August 8, 2019 remains unchanged. GM currently sells vehicles with two navigation solutions, of which Telenav's solutions are part of the one that was launched in 2017. Telenav has been gaining market share within GM while increasing revenue from GM, and Telenav expects this trend to continue up to the model year 2022. Telenav's agreement provides that GM can offer Telenav's navigation solution in GM vehicles through model year 2025; however, the contract does not provide minimum volume or purchase requirements."
TNAV MSFT

Hot Stocks

20:11 EDT TeleNav announces partnership with Microsoft on connected car services - Telenav (TNAV) announced that it is working with Microsoft (MSFT) to integrate Telenav's intelligent connected-car solutions suite with the Microsoft Connected Vehicle Platform, running on Microsoft Azure. Telenav is building connected cloud and in-vehicle services for automotive infotainment, in-car commerce and navigation. The Microsoft Connected Vehicle Platform allows Telenav to "leverage vehicle data to deliver unique in-car and cloud-based services that enhance customers' driving and mobility experiences."
NTES BABA

Hot Stocks

20:04 EDT Alibaba buys Kaola from NetEase for ~$2B, invests $700M in Netease Cloud Music - NetEase (NTES) and Alibaba (BABA) announced Alibaba's acquisition of NetEase's import e-commerce platform Kaola for approximately $2B. Alibaba plans for Kaola to continue to operate independently under its current brand. Tmall Import and Export General Manager Alvin Liu will serve as Kaola's new CEO. In addition, Alibaba and NetEase have entered into a definitive agreement for Alibaba, together with Yunfeng, to invest approximately $700M in NetEase Cloud Music in its latest round of financing. NetEase will remain the controlling shareholder of NetEase Cloud Music following the closing of this transaction.
ALXN

Hot Stocks

19:14 EDT European Patent Office decides not to grant Alexion patent applications - In a regulatory 8-k filing, Alexion disclosed that on September 5, 2019, the European Patent Office determined, following examination proceedings, not to grant Alexion Pharmaceuticals European patent applications 3124029 and 3167888 which relate to the pharmaceutical compositions of SOLIRIS, or eculizumab, and composition of matter of SOLIRIS. The company will evaluate its option to appeal the European Patent Office's decision with respect to these patent applications following receipt and review of the written decision.
DOCU...

Hot Stocks

19:02 EDT Fly Intel: After Hours Movers - UP AFTER EARNINGS: DocuSign (DOCU) up 21.3%... Zumiez (ZUMZ) up 10.3%... Lululemon (LULU) up 3.4%... Guidewire Software (GWRE) up 1.7%. ALSO HIGHER: GrubHub (GRUB) up 3.5% after announcing NYC delivery deal with McDonalds (MCD)... LivaNova (LIVN) up 2.7% after getting approval from U.S. CMS for RECOVER clinical study... Arch Coal (ARCH) up 1.6% after being upgraded at BMO Capital. DOWN AFTER EARNINGS: Domo (DOMO) down 37.1%... Medallia (MDLA) down 12.4%... Avid Bioservices (CDMO) down 10.5%... Crowdstrike (CRWD) down 8.5%... SAIC (SAIC) down 7.2%... PagerDuty (PD) down 7.1%... Zoom Video (ZM) down 2.1%. ALSO LOWER: Beyond Meat (BYND) down 2.7% after being initiated at Underperform at DA Davidson. Movers as of 18:45ET.
GRUB

Hot Stocks

18:59 EDT GrubHub, McDonalds announce NYC deliver partnership - McDonald's (MCD) USA and Grubhub (GRUB) announced a new partnership to begin expanding McDelivery to approximately 500 restaurants in the NYC and Tri-State Area. McDelivery will be available on the Grubhub marketplace and the company's New York brand, Seamless.
MSFT

Hot Stocks

18:36 EDT Microsoft CFO Hood sells 123.8K shares of common stock - In a regulatory filing, Microsoft disclosed that its CFO Amy Hood sold 123.8K shares of common stock on September 4th. The total transaction size was $17M.
CAL

Hot Stocks

18:34 EDT Caleres authorizes stock repurchase program of up to 5M shares - Caleres has authorized a stock repurchase program of up to 5.0 million shares. This program is in addition to the existing stock repurchase program, which was approved on December 14. There are approximately 5.7M shares available for repurchase, including those remaining under the existing authorization.
MSFT

Hot Stocks

18:32 EDT Microsoft CMO sells 12.5K shares of common stock - In a regulatory filing, Microsoft disclosed that its Chief Marketing Officer Chris Capossela sold 12.5K shares of common stock on September 5th. The total transaction size was $1.74M.
CDAY

Hot Stocks

18:30 EDT Ceridian to acquire Australian workforce management solutions provider RITEQ - Ceridian has entered into a definitive share purchase agreement to acquire RITEQ, a provider of enterprise workforce management solutions. Founded in 2001, RITEQ has operations in Sydney, Melbourne, Brisbane, Perth, New Zealand, and the UK and serves more than 325 customers.
STBA DNBF

Hot Stocks

18:08 EDT S&T Bancorp and DNB Financial receive regulatory approvals for merger - S&T Bancorp and DNB Financial, a community bank headquartered in Downingtown, Pennsylvania with 14 locations, have received all required bank regulatory approvals for the pending acquisition of DNB by S&T. The closing of the transaction remains subject to approval by DNB shareholders at a special meeting of DNB shareholders scheduled for September 25 and the satisfaction or waiver of other customary closing conditions.
AMEH

Hot Stocks

18:03 EDT Apollo Medical buys all outstanding stock of Accountable Health Care for $7.25M - Apollo Medical announced that its affiliates, Allied Physicians of California and APC-LSMA Designated Shareholder Medical Corporation have acquired all of the outstanding shares of capital stock of Accountable Health Care IPA, a Professional Medical Corporation. In connection with the settlement of a dispute with Dr. Jayatilaka and Accountable Health Care, APC-LSMA acquired all shares of Accountable Health Care's capital stock held by Dr. Jayatilaka in exchange for $7.25 million. APC owns the remaining 25% of the outstanding shares of Accountable Health Care capital stock.
PSB

Hot Stocks

17:41 EDT PS Business Parks buys Hathaway Industrial Park for $104M - PS Business Parks announced that it has acquired Hathaway Industrial Park located in Santa Fe Springs, California, for a purchase price of $104.0M. The Park consists of ten buildings totaling 543,000 square feet situated on 27 acres of land and is 100% occupied with suites ranging from 5,000 to 288,000 square feet. The acquisition was funded with cash on hand and a draw from the company's credit facility.
STMP

Hot Stocks

17:34 EDT Stamps.com launches GlobalPost international shipping services - In response to the growing concern over the United States leaving the Universal Postal Union, UPU, Stamps.com has unveiled new GlobalPost international shipping services. These services are not reliant on U.S. relationships with the UPU and will ensure that businesses can continue to ship internationally without disruption, while still receiving similar transit times, customs clearances and competitive rates. The GlobalPost delivery network leverages partnerships with international postal operators as well as commercial carriers to offer worldwide delivery. GlobalPost services reach over 200 countries and territories and includes features not found in traditional international postal services, including: Global Address Verification: Improve deliverability with real-time address verification; No Customs Forms: Send Customs electronically - no forms to print. "We know customers simply can't afford disruptions to their shipping services," said Ken McBride, Chairman and CEO of Stamps.com. "That's why we're proud to be able to offer these GlobalPost services to our many international shipping customers who have been concerned about the potential USPS disruption caused by the breakdown of the UPU/U.S. relationship. As always, we're trying to keep our customers a few steps ahead, especially when it comes to the ever-changing landscape of e-commerce shipping."
HII

Hot Stocks

17:27 EDT Huntington Ingalls part of group awarded DIA contract with $17B potential value - Huntington Ingalls Industries announced that its Technical Solutions division is one of 16 companies awarded a contract by the Defense Intelligence Agency, DIA,to provide a wide range of analytic and operational support services. The multi-award contract has a base period of five years and a potential value of $17B."Critical readiness of our defense intelligence enterprise demands unique expertise and advanced technology solutions," said Garry Schwartz, president of Technical Solutions' Mission Driven Innovative Solutions group. "For more than 20 years, we have partnered with DIA to maintain global situational awareness of threats to our nation, and we look forward to continuing to support this vital mission." n addition to the DIA, HII currently supports the intelligence requirements of the Joint Improvised-Threat Defeat Organization (JIDO), U.S. Forces Korea, U.S. Special Operations Command, U.S. Air Forces-Europe, U.S. European Command, U.S. Central Command and the U.S. Indo-Pacific Command. HII provides contractor-owned, contractor-operated manned and unmanned airborne intelligence, surveillance and reconnaissance to the Department of Defense.
SBSI

Hot Stocks

17:24 EDT Southside Bancshares announces stock buyback for up to 1M shares - Southside Bancshares announced that its board has authorized a Stock Repurchase Plan, under which the company may repurchase, from time to time, up to 1M shares of its outstanding common stock.
FIZZ

Hot Stocks

17:21 EDT National Beverage down over 4% after below-consensus Q1 results - Shares of National Beverage are down 4.1% of $1.65 at $39 per share after the company's Q1 earnings and revenues missed consensus expectations.
TAK

Hot Stocks

17:18 EDT Takeda Pharmaceutical issues U.S. recall of Natpara injection - Takeda Pharmaceutical is issuing a US recall for all doses of Natpara for Injection, 25 mcg, 50 mcg, 75 mcg, and 100 mcg. This recall is being conducted after discussions with the FDA and is effective immediately due to a potential issue related to rubber particulates originating from the rubber septum of the Natpara cartridge. During the 14-day Natpara treatment period, the septum is punctured by a needle each day to obtain the daily dosage of Natpara solution. When the septum is repeatedly punctured, it is possible that small rubber fragments may detach into the cartridge. Takeda is alerting Natpara patients and prescribers that discontinuing Natpara abruptly can cause a sharp decrease in blood calcium levels which can result in serious health consequences. The safety profile of NATPARA remains consistent with the product label. Takeda is working closely with regulatory agencies in relevant markets outside of the US where Natpara is available. Natpara continues to be available in these markets. Takeda is working with the FDA to resolve the issue and resume supply as soon as possible. The financial impact of the recall is currently being assessed in conjunction with the remediation plan.
BRC

Hot Stocks

17:12 EDT Brady raises quarterly dividend payout to 21.75c from 21.25c per share - The dividend will be paid on October 31, 2019, to shareholders of record at the close of business on October 10, 2019.
EMCI

Hot Stocks

17:08 EDT EMC Insurance announces Glass Lewis recommendation for EMCC acquisition - EMC Insurance announced that independent proxy advisory firm, Glass Lewis, joined Institutional Shareholder Services in recommending that EMCI shareholders vote for Employers Mutual Casualty's, or EMCC, proposed acquisition of all of the shares of EMCI that EMCC does not already own. The EMCI board, based on the unanimous recommendation of its special committee, recommends that EMCI minority shareholders vote for the proposal to approve the transaction, as described in more detail in the definitive proxy statement that was filed with the SEC.
CRR

Hot Stocks

17:04 EDT Carbo Ceramics enters distribution agreement with Delta Dry for Nature's Broom - Carbo Ceramics announced it has entered into an agreement with Delta Dry to distribute its Nature's Broom bioremediation absorbent products for spill remediation, on an exclusive basis, to the oil and gas market. The Nature's Broom products are available through Carbo's traditional sales channels and can also be purchased directly online through the Carbodirect e-commerce platform.
CNA

Hot Stocks

17:03 EDT CNA Financial appoints Jane Possell as Chief Information Officer - CNA appointed Jane Possell as Chief Information Officer. Possell most recently served as Vice President, U.S. Digital and Business Insurance Technology, at Liberty Mutual Insurance. Prior to Liberty Mutual, she served as a Managing Director at Accenture, working with many of the top Property & Casualty carriers in the U.S.
LGIH

Hot Stocks

17:01 EDT LGI Homes reports 677 home closings in August - LGI Homes announced 677 homes closed in August 2019, up from 585 home closings in August 2018, representing year-over-year growth of 15.7%. In addition, the company ended the first eight months of 2019 with 4,521 home closings, an 8.1% increase over 4,182 home closings during the first eight months of 2018. As of the end of August 2019, the company had 100 active selling communities.
MBOT

Hot Stocks

17:01 EDT Microbot Medical jumps over 5% after announcing presentation plans for SCS - At the upcoming Rodman & Renshaw Global Investment Conference, Harel Gadot, CEO, President and Chairman of Microbot Medica, will demonstrate a working prototype of the company's Self-Cleaning Shunt, SCS. Gadot is scheduled to present on Tuesday, September 10 at the Lotte New York Palace in New York City. Shares of Microbot Medical are up 5.10% to $5.15 per share in after-hours trading.
NTGN

Hot Stocks

16:56 EDT Neon Therapeutics announces publication of study on cancer neoantigens - Neon Therapeutics announced publication in the scientific journal Immunity of a breakthrough process for predicting which neoantigens will be presented by MHC class II molecules in the tumor microenvironment. Predicting the relevant cancer-specific antigens is a crucial precursor to developing immunotherapies that effectively train T cells to traffic to the tumor and destroy malignant cells. In the paper, titled "Defining HLA-II ligand processing and binding rules with mass spectrometry enhances cancer epitope prediction," Neon's proprietary mono-allelic profiling technology called MAPTAC facilitated the development of convolutional neural network-based predictors. These algorithms achieved up to a 61-fold improvement in predicting MHC class II peptides compared to publicly available tools. This MHC class II technology will be integrated into Neon's RECON bioinformatics platform and is expected to improve the efficacy of immunotherapies developed by Neon by predicting recruitment of CD4+ T cells, which are believed to be important in controlling tumor growth.
NJR

Hot Stocks

16:50 EDT New Jersey Resources acquires Leaf River Energy Center - New Jersey Resources business NJR Midstream has entered into an agreement to acquire Leaf River Energy Center from Macquarie Infrastructure Partners, which operates within the Macquarie Infrastructure and Real Assets division of the Macquarie Group. The agreement purchase price for Leaf River is $367.5M subject to certain contractual conditions. The transaction is expected to close in 2019 and supports NJR's long-term net financial earnings growth rate of 6%-8%. Leaf River is located in southeastern Mississippi with connections to six interstate pipelines.
BVFL

Hot Stocks

16:48 EDT BV Financial to acquire MB Bancorp - BV Financial (BVFL), the parent company of BayVanguard Bank, and MB Bancorp, the parent company of Madison Bank of Maryland, announced that they have entered into a definitive merger agreement whereby BV Financial has agreed to acquire MB Bancorp and its wholly owned bank subsidiary, Madison Bank, in an all-cash transaction. Under the terms of the merger agreement, MB Bancorp shareholders will receive cash of $15.85 for each share of MB Bancorp, representing aggregate consideration of approximately $31.0M. The transaction is expected to be accretive to BV Financial' s 2020 earnings per share. There will be no change in the management or board of BV Financial or BayVanguard Bank as a part of the transaction. Upon completion of the transaction, BayVanguard Bank will have approximately $400M in assets and 10 branch locations. The transaction has been approved by the Boards of Directors of each company and is expected to close in Q1 of 2020.
ZUMZ

Hot Stocks

16:46 EDT Zumiez spikes10% after quarterly results surpass estimates, guidance - Shares of teen retailer Zumiez are up 9.89% or $2.85 to $30.45 per share in after-hours trading after reporting quarterly results that beat analyst estimates.
LULU

Hot Stocks

16:42 EDT Lululemon up 1.9% after Q2 earnings beat and raised FY19 guidance - Shares of Lululemon are up 1.92% or $3.59 at $192 per share after the company beat on Q2 earnings, guided Q3 above consensus, and raised its FY19 EPS and revenue view.
BSVN

Hot Stocks

16:39 EDT Bank7 initiates 10c quarterly dividend payment - The dividend is payable on October 16, 2019 to shareholders of record on October 1, 2019.
BW

Hot Stocks

16:38 EDT Babcock & Wilcox regains compliance with NYSE minimum share price requirement - Babcock & Wilcox has been notified by the NYSE that it has regained full compliance with its continued listing criteria based on the price of B&W's common stock as on September 4 was above the NYSE's minimum listing criteria of $1.00. The company's average share price for the period was $3.63. The company is now in compliance with all NYSE listing criteria.
BSVN

Hot Stocks

16:38 EDT Bank7 announces stock buyback for up to 500K shares of common stock - The board authorized the company to repurchase up to 500,000 shares, or approximately 5% of current outstanding shares, of the company's common stock.
DOMO

Hot Stocks

16:37 EDT Domo tanks over 30% after quarterly, yearly guidance below estimates - Shares of Domo are falling over 30% in after hours trading or $7.57 to $17.64 per share after quarterly and yearly guidance fall short of estimates.
IRM

Hot Stocks

16:33 EDT Iron Mountain acquires business process outsourcing unit from Suppla - Iron Mountain announced the acquisition of Suppla's business process outsourcing, or BPO, unit in Colombia, focused on information management, expanding Iron Mountain's presence to eight facilities in the markets of Bogota, Medellin, Cali and Barranquilla. With this acquisition, Iron Mountain will manage an additional 90 customers with an inventory of 1.7M cubic feet. BPO solutions in Suppla include records management and data governance offerings for regulated industries including healthcare and social services, financial services, government, education, communications and information technology sectors.
WING

Hot Stocks

16:32 EDT Wingstop Chief Growth Officer Maurice Cooper to step down - Wingstop is announcing the departure of Maurice Cooper, its Executive Vice President and Chief Growth & Experience Officer, effective September 4, 2019. Christina Clarke, VP of Marketing, has been appointed as the Interim Chief Marketing Officer. The company is not going to fill the role of Chief Growth & Experience Officer.
MOS

Hot Stocks

16:26 EDT Mosaic Fertilizantes unit returns to full production at Araxa and Tapira mines - Mosaic Fertilizantes, the Brazil-based business unit of The Mosaic Company, announced that it has resumed mining at full capacity at its Araxa and Tapira mines in the state of Minas Gerais, marking the end of the regulatory required idling of the company's tailings dams. The company's Catalao mine, also idled due to the regulatory changes, resumed operations in June.
LIVN

Hot Stocks

16:22 EDT LivaNova gets approval from U.S. CMS for RECOVER clinical study - LivaNova announced the U.S. Centers for Medicare & Medicaid Services, or CMS, accepted the LivaNova protocol for "A Prospective, Multi-center, Randomized Controlled Blinded Trial Demonstrating the Safety and Effectiveness of VNS Therapy System as Adjunctive Therapy Versus a No Stimulation Control in Subjects With Treatment-Resistant Depression", or RECOVER. In February, CMS modified the National Coverage Determination from non-coverage to a Coverage with Evidence Development framework in which CMS will cover the LivaNova Vagus Nerve Stimulation Therapy for Medicare beneficiaries enrolled in the approved study. Separate from the study, CMS is also covering device replacement for patients with a VNS Therapy device for Treatment-Resistant Depression. RECOVER is a double-blind, randomized, placebo-controlled study with a follow-up duration of at least one year. The CED also includes the possibility to extend the study to a prospective longitudinal study. Enrollment is expected to begin in late 2019 and will include up to 500 unipolar and up to 500 bipolar patients at a maximum of 100 sites in the United States.
GWRE

Hot Stocks

16:20 EDT Guidewire down 11% after FY20 guidance misses consensus
CULP

Hot Stocks

16:19 EDT Culp, Inc. board approves additional stock buyback for up to $5.0M
COST

Hot Stocks

16:18 EDT Costco reports August comparable sales up 5.5%, ex-gas up 5.9% - Costco Wholesale Corporation reported net sales of $11.79B for the retail month of August, the four weeks ended September 1, an increase of 6.9% from $11.03B last year. For the 16-week fourth quarter ended September 1, the company reported net sales of $46.45B, an increase of 7.0% compared to net sales of $43.41B during the similar period last year.
LULU

Hot Stocks

16:14 EDT Lululemon sees Q3 SSS up 'in low teens' on constant dollar basis - Also sees FY19 SSS up 'in low teens' on constant dollar basis.
LULU

Hot Stocks

16:13 EDT Lululemon reports Q2 gross margin 55.0%, up 20bps from last year
CRWD

Hot Stocks

16:12 EDT Crowdstrike down 9% in after-hours trading after Q2 report
LAND

Hot Stocks

16:10 EDT Gladstone Land says no damage to Florida farms from Hurricane Dorian - Gladstone Land Corporation announced no damage to its farms and farm facilities in Florida in the wake of Hurricane Dorian.
PFNX JAZZ

Hot Stocks

16:09 EDT Pfenex earns $11M development milestone from Jazz Pharmaceuticals - Pfenex (PFNX) announced that it has earned an $11M development milestone under its development and license agreement with Jazz Pharmaceuticals (JAZZ). The milestone is associated with process development activities for PF745, a recombinant crisantaspase with half-life extension technology. Under the terms of the development and license agreement, Pfenex is eligible to receive an aggregate total of up to $224.5M in development and sales milestone fees, of which $177.5M is still eligible to be received by Pfenex. Of this $177.5M, $18.5M are development milestones, $34M are regulatory milestones, and $125M are sales milestones. Pfenex may also be eligible to receive tiered royalties on worldwide sales of any products resulting from the collaboration.
IMUX

Hot Stocks

16:05 EDT Immunic announces results of interim dosing analysis for CALDOSE-1 study - Immunic announced the results of a pre-planned interim dosing analysis in the phase 2 CALDOSE-1 study of IMU-838 in patients with moderate-to-severe ulcerative colitis, or UC. Based on the available data, an unblinded and independent data review committee has concluded that the study's lowest, 10 mg dose was found not to be likely ineffective and that the highest, 45 mg dose was not intolerable. As a result, the company intends to continue the trial with all three dosing arms. The phase 2 CALDOSE-1 trial is an international, multicenter, double-blind, placebo-controlled study being conducted in the United States and Europe and is designed to evaluate the company's lead compound, IMU-838, in patients with UC. The study's primary endpoint comprises a composite of a patient reported outcome and endoscopy-assessed outcome, both to be evaluated following ten weeks of induction treatment with IMU-838 or placebo. Under an agreement between Immunic and the FDA, reached during the company's pre-IND meeting in 2017, the CALDOSE-1 trial was designed to begin enrollment with three active dosing arms of 10 mg, 30 mg and 45 mg, respectively, in addition to a placebo arm. Based on preclinical target engagement data, Immunic had hypothesized 30 mg to be the lowest effective dose. The 10 mg dose was added to the trial at the suggestion of the FDA to include a lower dose than the expected effective doses. The interim dosing analysis was to be conducted after approximately 60 patients were evaluable following their ten-week induction treatment. At the time, Immunic anticipated that the lowest, 10 mg dose might be found to be likely ineffective in this interim dosing analysis, and therefore discontinued. The interim dosing analysis has now been performed by an unblinded and independent data review committee, which has concluded that the 10 mg dose appeared not to be likely ineffective, the 45 mg dose was not intolerable and no safety signal was identified for any of the trial's three doses of IMU-838. The data review committee has not shared with the company any of the unblinded data underlying these conclusions, and the study remains blinded to the company, the investigators and the enrolled patients. The interim dosing analysis was not designed to be a futility analysis nor was the primary endpoint or any other endpoint of the study tested statistically. As a result of these findings, the trial's steering committee has recommended continuation of all three dosing arms, which recommendation is intended to be implemented by Immunic. Expansion of IMU-838's potentially effective dose range will require inclusion of a third active dosing arm to the study's second enrollment period and will increase the overall number of patients expected to be included in the ongoing trial from a previously anticipated 195 patients, to a total of approximately 240 anticipated patients. Management noted that the positive findings of this interim dosing analysis will impact the timing of completion of patient enrollment, previously expected during the second half of 2020, as well as availability of top-line data, which was anticipated during Q1 of 2021. Management will re-evaluate and report on its adjusted timeline with respect to the CALDOSE-1 study, as well as the expected dose selection and initiation of the CALDOSE-2 phase 2 trial of IMU-838 in Crohn's disease patients, after a thorough review has been completed. Finally and as pre-defined in the study protocol, this interim dosing analysis was based on data from only a relatively small number of patients in the CALDOSE-1 trial, and no formal statistical analysis was performed. This interim dosing analysis and the conclusions made by the independent data review committee may not reflect results of a final analysis of the trial once the full data set is analyzed.
BBIO

Hot Stocks

16:04 EDT BridgeBio unit presents new data on natural history of MoCD - BridgeBio Pharma subsidiary Origin Biosciences announced the presentation of a study on the natural history of patients with Molybdenum Cofactor Deficiency"Our findings confirm that the vast majority of MoCD and ISOD cases are severe, rapidly progressive, and neurodegenerative, resulting in significant disability and early lethality in almost all cases from the neonatal age," said Ronen Spiegel, MD, Clinical Associate Professor, Director of Pediatric B Department, and Head of Metabolic Service, Emek Medical Center, principal investigator and lead author of the study. ""Our findings confirm that the vast majority of MoCD and ISOD cases are severe, rapidly progressive, and neurodegenerative, resulting in significant disability and early lethality in almost all cases from the neonatal age," said Ronen Spiegel, MD, Clinical Associate Professor, Director of Pediatric B Department, and Head of Metabolic Service, Emek Medical Center, principal investigator and lead author of the study."
JBSS

Hot Stocks

15:37 EDT John B. Sanfilippo & Son CFO Michael Valentine sells almost $510K in stock - John B. Sanfilippo & Son CFO Michael Valentine disclosed in a filing that he had sold 5,362 shares of company stock at an average price of $ $95.03 per share on September 15. The total transaction value of the sale was $509,565.
LLY

Hot Stocks

15:10 EDT FDA accepts Lilly's application to enter the CID Pilot Meeting Program - Eli Lilly announced the U.S. Food and Drug Administration,FDA, has accepted its application to enter the Complex Innovative Trial Designs, CID, Pilot Meeting Program, an initiative which aims to further modernize drug development, improve efficiency, and promote innovation. Lilly's proposed program involves a master protocol for the development of novel approaches to the treatment of multiple types of chronic pain, one of the largest unmet medical needs in the United States.
NTDOY ATVI

Hot Stocks

14:40 EDT Nintendo confirms Activision Blizzard's Overwatch coming to Switch system - Nintendo (NTDOY) announced "during a packed Nintendo Direct video presentation, Nintendo announced many new games coming to the Nintendo Switch system, including Blizzard's (ATVI) mega-hit game Overwatch Legendary Edition, as well as games launching today like Divinity: Original Sin 2 - Definitive Edition. Nintendo also provided new details about previously announced upcoming games, like The Legend of Zelda: Link's Awakening, Luigi's Mansion 3, Pokemon Sword and Pokemon Shield." Reference Link
TNAV

Hot Stocks

14:26 EDT TeleNav trading halted, news pending
M

Hot Stocks

14:19 EDT Macy's aims to cut promotional activity as part of cost-cutting goals - Earlier on Thursday, in its presentation at the the Goldman Sachs Annual Global Retailing Conference, Macy's said it sees opportunities to reduce "ineffective markdowns and to move towards more personalized, targeted promotions for each customer." Macy's executives spoke of using analytics to target individualized promotions as part of its plans to cut costs by $400M to $550M while also improving working capital by approximately $100M over the next 2 to 4 years. Shares of Macy's are up 3.6% or 53c to $15.44 per share in afternoon trading.
CHH

Hot Stocks

14:00 EDT Choice Hotels CEO says 47 hotels in Dorian evacuation area being impacted - Patrick Pacious, while speaking on CNBC, said 47 of the company's franchised hotels are in Hurricane Dorian's evacuation area and are thus being impacted by the storm.
HP

Hot Stocks

13:51 EDT Helmerich & Payne lowers FY19 CapEX view - Earlier on Thursday, Helmerich & Payne announced its quarterly dividend and provides an operational and capital expenditures update. On September 4, the Board of H&P held a meeting and declared a quarterly cash dividend of 71c per share on its common stock, payable on December 2, to stockholders of record at the close of business on November 11. H&P previously stated expectations for its fiscal 2019 capital expenditures to be at the low end of its $500-$530 million guidance range. The company now expects total capital expenditures to be $5-$15M below the low end of that guidance range with the final outcome dependent on the timing of certain procurement activities in late fiscal 2019 and early fiscal 2020. The company is proposing a preliminary capital expenditure budget for fiscal 2020 of approximately $300M, which includes $35M related to adding additional super-spec walking capabilities in U.S. Land and select international super-spec upgrades should demand for such rigs develop in fiscal 2020. Formal approval of the fiscal 2020 capital expenditure budget by the Board of Directors is expected to occur during the Company's first fiscal quarter of 2020.
YNDX

Hot Stocks

13:41 EDT Yandex teams with NHL to broadcast games in Russia, via its streaming platform - Yandex has entered into an agreement with the National Hockey League to broadcast all NHL games in Russia, via its streaming platform. The multiyear deal begins with the 2019-20 season, which opens on Wednesday, Oct. 2."By partnering with the NHL, one of the world's leading sports leagues, we can better connect some of hockey's biggest fans with their favorite teams and players. We are delighted to work with the NHL to offer viewers in Russia a more accessible and innovative way to watch games for free," says Leonid Savkov, Chief Commercial Officer of Yandex. "We are also excited to provide new opportunities for advertisers to reach millions of hockey fans viewing the games."
WBA...

Hot Stocks

13:22 EDT Walgreens asks customers to no longer openly carry firearms into stores - Walgreens Boots Alliance (WBA) said in a statement, "We are joining other retailers in asking our customers to no longer openly carry firearms into our stores other than authorized law enforcement officials." Publicly traded companies in the gun space include American Outdoor Brands (AOBC), Sturm, Ruger (RGR), and Vista Outdoor (VSTO). Reference Link
RLGY

Hot Stocks

13:14 EDT Realogy announces strategic organizational changes - Realogy Holdings announced strategic organizational changes it says are designed to "accelerate growth for all agents and franchisees affiliated with its seven well-known brands." Planned moves include the integration of the Coldwell Banker affiliate network and company-owned brokerage, the formation of a new Expansion Brands portfolio comprised of the Better Homes and Gardens Real Estate and ERA brands as well as the Climb brokerage operations and the creation of a new Product and Innovation Group to serve both franchise and Realogy-owned businesses. Ryan Schneider, Realogy president and CEO, said, "These changes are designed to empower our teams to move faster and more nimbly take advantage of Realogy's scale and resources to benefit agents and franchisees across all of our brands."
SQ ONDK

Hot Stocks

13:13 EDT Payments startup Stripe expands into business lending - In a posting to its blog site, payments startup Stripe said: "Today, Stripe launched Stripe Capital, an easier way for internet businesses running on Stripe to access capital. Access to capital remains a challenge for most companies, especially online businesses. Banks have cut their lending to small businesses almost in half over the last decade, and 70% of businesses say they don't have access to the level of funding they need. Those who succeed at getting loans report spending more than 25 hours on applications and paperwork, and then waiting weeks or months for approved funds to actually become available to them. Startups and small businesses create a disproportionate number of jobs, yet these are the very companies whose access to capital has been most curtailed. As a result, easier access to capital has been one of the top requests from Stripe users over the past two years."Publicly traded companies in the space include Square(SQ) and On Deck Capital (ONDK). Reference Link
GOOG GOOGL

Hot Stocks

12:40 EDT YouTube launches dedicated vertical for style and beauty content - Earlier today, on its blog site, YouTube said, "Exciting day for fashion fans: Today, we're launching YouTube.com/Fashion, a single destination for style content on YouTube. My team likes to call this new hub "slash fashion" and it'll feature original content from the biggest names in the industry, as well as the popular content that users have come to expect from the world of YouTube. Each shelf is chock-full of compelling videos from fashion and beauty creators, industry professionals, publishers, and luxury fashion brands." Reference Link
JNUG

Hot Stocks

12:00 EDT Direxion Daily Jr Gld Mnrs Bull 3X Shrs falls -16.3% - Direxion Daily Jr Gld Mnrs Bull 3X Shrs is down -16.3%, or -$15.99 to $82.20.
REVG

Hot Stocks

12:00 EDT REV Group falls -25.4% - REV Group is down -25.4%, or -$3.08 to $9.05.
MDP

Hot Stocks

12:00 EDT Meredith falls -26.4% - Meredith is down -26.4%, or -$11.58 to $32.24.
VIST

Hot Stocks

12:00 EDT Vista Oil & Gas rises 15.8% - Vista Oil & Gas is up 15.8%, or 66c to $4.85.
IRS

Hot Stocks

12:00 EDT Irsa Inversiones y Representaciones SA rises 17.1% - Irsa Inversiones y Representaciones SA is up 17.1%, or 96c to $6.61.
SIG

Hot Stocks

12:00 EDT Signet Jewelers rises 21.8% - Signet Jewelers is up 21.8%, or $2.40 to $13.41.
ENDP

Hot Stocks

11:56 EDT Endo announces settlement agreement resolving 'Track 1' opioid cases - Endo International announced that its subsidiaries Endo Pharmaceuticals, Endo Health Solutions, Par Pharmaceutical and Par Pharmaceutical Companies have executed a definitive Settlement Agreement and Release with the County of Cuyahoga, Ohio, the County of Summit, Ohio and certain related persons in connection with the following lawsuits pending in the U.S. District Court for the Northern District of Ohio: The County of Cuyahoga, et al. v. Purdue Pharma, L.P., et al., Case No. 17-OP-45004; and The County of Summit, et al. v. Purdue Pharma, L.P., et al., Case No. 18-OP-45090. Endo had previously announced a settlement in principle of the Track 1 Cases on August 20, 2019. The company said, "The Settlement Agreement fully resolves all claims that were or could have been asserted by the two plaintiff counties against the Endo Entities in the Track 1 Cases, including claims arising from or otherwise relating to the manufacturing, marketing, distribution, supply, sale, prescribing, use and/or abuse of branded and generic opioid medications. Under the Settlement Agreement, Endo will pay a total sum of $10M and will provide up to $1M of its Vasostrict and Adrenalin products free of charge, to be initially allocated by and between the two plaintiff counties as follows: Cuyahoga County will receive $6.2M in cash and up to $620,000 of Vasostrict and/or Adrenalin; and Summit County will receive $3.8M in cash and up to $380,000 of Vasostrict and/or Adrenalin. The two plaintiff counties may further apportion and use the foregoing amounts in their sole discretion. Further, in the event of a comprehensive resolution of government-related opioid claims, the Company has agreed that the two plaintiff counties will receive the value they would have received under such resolution less the total value of the Settlement Agreement. The Settlement Agreement includes no admission of wrongdoing, fault or liability of any kind by the Endo Entities and avoids litigation risk and associated costs. It is important to note that the value of the Settlement Agreement should not be extrapolated to any other opioid-related cases or claims."
TNAV...

Hot Stocks

11:28 EDT TeleNav slides as General Motors announces infotainment deal with Google - Shares of provider of connected-car and location-based services TeleNav (TNAV) are under pressure on Thursday after General Motors (GM) announced it will work with Google (GOOGL) to integrate the latter's Voice Assistant in infotainment systems. GM, GOOGLE PARTNERSHIP: General Motors has announced plans to introduce new in-vehicle technology that it said "will enhance the overall customer experience and make it easier than ever for customers to bring their digital lives into future connected vehicles." GM will work with Google to bring new options for a voice assistant, embedded navigation and in-vehicle applications to compatible Chevrolet, Buick, GMC and Cadillac vehicles in regions around the world beginning in 2021. Broad deployment across all GM vehicle brands is expected to roll out in the years following, GM stated. Future GM infotainment systems will continue to be powered by Android, the company added. TELENAV REVENUES: TeleNav provides connected car products and services directly to automobile manufacturers such as Ford (F), General Motors and Toyota Motor (TM) and also provides its products and services indirectly through tier ones such as Xevo. In a company filing, TeleNav stated that revenue related to products and services provided through Ford Motor comprised 55%, 67% and 71% of revenue for fiscal 2019, 2018 and 2017, respectively. Regarding General Motors, the company said that revenue related to products and services provided through GM and its affiliates comprised 18% of revenue for fiscal 2019 and less than 10% of revenue for fiscal 2018 and 2017. Additionally, receivables due from Xevo were 29% of total accounts receivable at June 30, 2019. No other customer represented 10% of TeleNav's revenue or 10% of its receivables for any period presented. WHAT'S NOTABLE: Meanwhile, Lear (LEA) announced that Xevo, its automotive software company, has partnered with Hyundai Motor (HYMTF) to deliver Xevo Market capabilities into Hyundai vehicles in the U.S. and Europe. "The platform will allow customers with compatible Hyundai vehicles to engage and interact with their favorite merchant brands and services through an easy-to-use interface on the in-vehicle touchscreen and Hyundai's mobile app. Offerings will include fuel, parking, and dining, as well as the digital payment feature for a seamless, secure transaction experience with participating merchants," the company stated. PRICE ACTION: In late morning trading, shares of TeleNav have dropped almost 38% to $6.54, after being halted due to volatility.
LEA HYMTF

Hot Stocks

11:13 EDT Lear's Xevo partners with Hyundai to offer customers in-vehicle commerce - Lear (LEA) announced that Xevo, its automotive software company, has partnered with Hyundai Motor (HYMTF) to deliver Xevo Market capabilities into Hyundai vehicles in the U.S. and Europe. "The platform will allow customers with compatible Hyundai vehicles to engage and interact with their favorite merchant brands and services through an easy-to-use interface on the in-vehicle touchscreen and Hyundai's mobile app. Offerings will include fuel, parking, and dining, as well as the digital payment feature for a seamless, secure transaction experience with participating merchants," the company stated.
TNAV

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10:54 EDT TeleNav trading resumes
TNAV

Hot Stocks

10:49 EDT TeleNav trading halted, volatility trading pause
VZ

Hot Stocks

10:47 EDT Verizon boosts quarterly dividend 2.1% - The board of Verizon Communications declared a quarterly dividend of 61.5c per outstanding share, an increase of 1.25c per share, or 2.1%, from the previous quarter. The quarterly dividend is payable on November 1 to Verizon shareowners of record at the close of business on October 10. This is the thirteenth consecutive year Verizon's board has approved a quarterly dividend increase.
BGNE

Hot Stocks

10:38 EDT BeiGene falls 5% to $133.53 after short report alleges fake sales
OPRX

Hot Stocks

10:33 EDT OptimizeRx to acquire RMDY Health for $16M in cash and stock - OptimizeRx Corp. announced it will acquire RMDY Health, a multipurpose digital therapeutics SaaS platform, for $16M in cash and equity. "We welcome the RMDY team and their powerful SaaS platform to support our mission of improving medication adherence and care coordination. This acquisition is especially timely, given how stakeholders are increasingly shifting their budgets to digital delivery as the preferred method of communicating to physicians and patients. By adding RMDY Health's complementary capabilities to our platform," continued Febbo, "we not only extend our ability to engage doctors and patients for our pharmaceutical clients, we introduce important client segments to our solution suite," said William Febbo, CEO of OptimizeRx.
ATRC

Hot Stocks

10:22 EDT AtriCure drops 5.5% to $24.88 after short report calls for 57% downside
GM...

Hot Stocks

10:06 EDT GM to integrate Google Voice Assistant in infotainment systems - General Motors (GM) announced plans to introduce new in-vehicle technology that it said "will enhance the overall customer experience and make it easier than ever for customers to bring their digital lives into future connected vehicles." GM will work with Google (GOOGL) to bring new options for a voice assistant, embedded navigation and in-vehicle applications to compatible Chevrolet, Buick, GMC and Cadillac vehicles in regions around the world beginning in 2021. Broad deployment across all GM vehicle brands is expected to roll out in the years following, GM stated. Future GM infotainment systems will continue to be powered by Android, the company added.
WORK

Hot Stocks

10:00 EDT Slack Technologies falls -14.1% - Slack Technologies is down -14.1%, or -$4.39 to $26.68.
REVG

Hot Stocks

10:00 EDT REV Group falls -27.1% - REV Group is down -27.1%, or -$3.29 to $8.84.
MDP

Hot Stocks

10:00 EDT Meredith falls -27.3% - Meredith is down -27.3%, or -$11.98 to $31.84.
BORR

Hot Stocks

10:00 EDT Borr Drilling rises 10.9% - Borr Drilling is up 10.9%, or 58c to $5.89.
CLDR

Hot Stocks

10:00 EDT Cloudera rises 11.4% - Cloudera is up 11.4%, or 82c to $8.03.
SIG

Hot Stocks

10:00 EDT Signet Jewelers rises 27.4% - Signet Jewelers is up 27.4%, or $3.02 to $14.03.
MTCH FB

Hot Stocks

09:55 EDT Match Group drops after Facebook announces launch of dating service - Shares of Match Group (MTCH) moved lower after Facebook (FB) announced the launch of Facebook Dating in the U.S. "We're also giving people the ability to integrate their Instagram posts directly into their Facebook Dating profile and giving people the ability to add Instagram followers to their Secret Crush lists, in addition to Facebook friends. By the end of the year, we'll make it possible to add Facebook and Instagram Stories to your Dating profile too," the company said in a blog post. Match Group, which owns Tinder and other dating properties, is down 2%, or $1.91, to $83.73 in early trading.
FB MTCH

Hot Stocks

09:52 EDT Facebook announces launch of Facebook Dating in U.S. - Nathan Sharp, a Facebook (FB) Product Manager, announced in a post to the company's site the launch of Facebook Dating in the U.S. "We're also giving people the ability to integrate their Instagram posts directly into their Facebook Dating profile and giving people the ability to add Instagram followers to their Secret Crush lists, in addition to Facebook friends. By the end of the year, we'll make it possible to add Facebook and Instagram Stories to your Dating profile too," Sharp stated in the post. Match Group (MTCH), which owns Tinder and other dating properties, competes in the dating space. Reference Link
WORK

Hot Stocks

09:47 EDT Slack Technologies falls -14.9% - Slack Technologies is down -14.9%, or -$4.64 to $26.43.
MDP

Hot Stocks

09:47 EDT Meredith falls -14.9% - Meredith is down -14.9%, or -$6.54 to $37.28.
REVG

Hot Stocks

09:47 EDT REV Group falls -25.9% - REV Group is down -25.9%, or -$3.15 to $8.98.
BITA

Hot Stocks

09:47 EDT Bitauto rises 6.7% - Bitauto is up 6.7%, or 79c to $12.50.
CLDR

Hot Stocks

09:47 EDT Cloudera rises 11.9% - Cloudera is up 11.9%, or 86c to $8.07.
SIG

Hot Stocks

09:47 EDT Signet Jewelers rises 31.2% - Signet Jewelers is up 31.2%, or $3.43 to $14.44.
CHD

Hot Stocks

09:43 EDT Church & Dwight drops 4% to $76.98 after short report from Spruce Point
MNK

Hot Stocks

09:43 EDT Mallinckrodt says multiple avenues available if restructuring were to be pursued - Mallinckrodt says none of four key objectives set out for 2019 have changed, though "one of those is more challenged" right now. The company is closing out its presentation at the Wells Fargo Healthcare conference.
MNK

Hot Stocks

09:37 EDT Mallinckrodt says preparing for the worst is not same as expecting worst - Given uncertainty, the company wants to have the broadest range of options available, executives said while presenting at the Wells Fargo Healthcare Conference. Mallinckrodt CEO Mark Trudeau and other executives continue speaking at the Wells Fargo conference.
MNK

Hot Stocks

09:35 EDT Mallinckrodt CEO says Bloomberg report on bankruptcy possibility 'unfortunate' - Mallinckrodt CEO Mark Trudeau, speaking at a Wells Fargo conference, called Bloomberg's report last night on a potential bankruptcy due to the company's opioid liabilities "unfortunate." He added, "We hire advisers all the time." Shares of Mallinckrodt are down 41%, or $1.07, to $1.52 in early trading.
AMRX

Hot Stocks

09:26 EDT Amneal Pharmaceuticals announces FDA approval of generic Amicar - Amneal Pharmaceuticals announced that it has received approval from the FDA for its generic version of Amicar (aminocaproic acid oral solution) 0.25g/mL. Amneal was previously granted a Competitive Generic Therapy designation for its generic version of Amicar by the FDA. As the first approved application, Amneal has been granted 180 days of CGT exclusivity.
PRPO

Hot Stocks

09:25 EDT Precipio, University of Pennsylvania enter joint collaboration agreement - Precipio announced a development toward expanding cancer patient access to world class pathology diagnostics through a new joint collaboration with the Department of Pathology and Laboratory Medicine in the Perelman School of Medicine, at the University of Pennsylvania. The company said, "With the addition of Penn, Precipio continues to grow its unique platform and provide its customers with access to the largest academic pathology expertise network worldwide...Precipio's strategy is to leverage academic expertise to help eradicate the problem of cancer misdiagnosis. While the industry rate of misdiagnosis varies from 5-25% of patients, through this collaborative approach Precipio has reached a level of 99% concordance between expert hematopathologists and Precipio in the types of cancers we specialize in.,,In anticipation of our continued growth in the current and next quarter of 2019 and continuing into 2020, it was critical to ensure that we have ample capacity to serve our customers in a timely manner. With the addition of Penn to Precipio's platform we will be significantly increasing our capacity. With this collaboration we estimate that Precipio can comfortably handle in excess of $25M revenue per year in pathology services business."
BBIO

Hot Stocks

09:23 EDT BridgeBio announces new subsidiary ML Bio Solutions to develop BBP-418 - BridgeBio Pharma announced ML Bio Solutions as a new subsidiary dedicated to developing BBP-418, a substrate supplementation therapy for the treatment of Limb-Girdle Muscular Dystrophy Type 2i. BridgeBio is committing R&D expertise to advance this small molecule oral therapy towards patients and intends to begin a natural history study in the second half of 2019, with interventional trials to initiate as soon as possible thereafter, subject to IND approval. The McColl Lockwood Laboratory for Muscular Dystrophy Research at Atrium Health will continue to support the program alongside BridgeBio. LGMD2i is an autosomal recessive disease wherein loss-of-function mutations in the FKRP gene lead to decreased glycosylation of alpha-dystroglycan. Properly-glycosylated alpha-DG anchors muscle cells to proteins outside of the cell in the extracellular matrix as well as shock absorber proteins inside of the muscle cells, such as dystrophin. In LGMD2i, alpha-DG has a defective sugar backbone, and thus cannot effectively bind these proteins to stabilize the muscle cell, leading to muscle cell fragility and damage under stress. Damaged and degenerating muscle cells can result in global loss of muscle strength. LGMD2i is a progressive and debilitating disease that affects an estimated 7,000 patients across the US and EU, with more affected globally. It is associated with loss of mobility and ultimately respiratory and cardiac failure, and there is presently no approved treatment.
NFLX

Hot Stocks

09:23 EDT Netflix down 3% in pre-market trading - Netflix shares are sitting out the broader market rally in pre-market trading, with the stock down about 3% to $282.98 at time of writing. The weakness may be related to data released by 7Park Data, contacts tell The Fly, though this is unconfirmed. On the occasion that speculation appear on The Fly's news feed, it should be viewed not as giving credence to the conjecture, rather as simply highlighting its impact on the stock prices of the companies involved.
MACK

Hot Stocks

09:22 EDT Merrimack announces no impairment for NOL carryforwards as of July 24 - Merrimack engaged a leading global tax advisor to complete an evaluation of ownership changes through July 24, 2019 to refresh a recent study and assess whether utilization of the company's net operating loss carryforwards, or NOLs, would be subject to an annual limitation under Section 382 of the Internal Revenue Code. As a result of this analysis, the company believes it can utilize all of its existing tax net operating loss carryforwards. Any future impairment of the NOLs caused by a transaction that triggers an ownership change or use of the NOLs for other purposes could reduce these returns to shareholders.
AAWW

Hot Stocks

09:21 EDT Atlas Air plans to create 100 additional jobs in New York - Atlas Air Worldwide Holdings announced the renewal and extension of its corporate headquarters lease in Purchase, N.Y. Atlas' plans in New York include creating 100 additional jobs and enhancing headquarters offices to accommodate its growing employee base and strategic business growth. Atlas currently employs 568 professionals in New York. Atlas expects to retain those positions and create 100 additional jobs in New York over the next five years. Globally, the company employs more than 3,500 aviation professionals.
MACK

Hot Stocks

09:20 EDT Merrimack announces per share amount for special cash dividend - Merrimack announced that the dividend amount for the previously authorized and declared $20M special cash dividend announced on July 25 is $1.496675 per outstanding share of Merrimack common stock. The dividend will be paid September 5 to stockholders of record as of the close of business on August 28. Merrimack currently estimates that, for U.S. federal tax purposes, 100% of the Special Dividend, or approximately $1.50 per share, will likely be first treated as a return on capital to stockholders to the extent of their basis in Merrimack common stock, and then as capital gain.
AQMS

Hot Stocks

09:20 EDT Aqua Metals produces approx. 355,000 pounds of AquaRefined lead in August - Aqua Metals announced that its operations team has achieved another record production of ultra-pure AquaRefined lead for the month of August 2019. Aqua Metals produced approximately 355,000 pounds of AquaRefined lead in August, or approximately 13.7% above the previous record of 312,000 pounds produced in June. In July, the company experienced unforeseen power outages and maintenance issues resulted in 285,000 pounds of AquaRefined lead produced.
ATHN

Hot Stocks

09:18 EDT Athenahealth appoints Paul Brient as chief product officer - athenahealth announced that Paul Brient will join the company as Chief Product Officer. Brient comes to athenahealth from PatientKeeper, Inc. where he served as CEO for 17 years. As CPO, Brient will serve a crucial role in helping shape the company's product roadmap to optimize the athenahealth network and drive clinical density.
NDAQ

Hot Stocks

09:17 EDT Nasdaq appoints John Zecca as chief legal officer - Nasdaq announced EVP Edward Knight will assume the role of Vice Chairman, effective October 1. Knight will continue to manage global government relations and will serve as a senior advisor on public policy and litigation. With Knight's transition to Vice Chairman, John Zecca has been named EVP and Chief Legal Officer. Zecca will be responsible for managing Nasdaq's regulatory oversight, legal counsel, and compliance across the company's global businesses.
CIEN

Hot Stocks

09:17 EDT Ciena saw 'slowness in India', diversification mitigates many macro issues - Ciena CEO Gary Smith said there are "normal ebbs and flows on the macro side" and there are some slowness in places like India but the company's global diversification allows them to "drive through" many of these issues.
AQMS

Hot Stocks

09:15 EDT Aqua Metals granted patents in India, Indonesia - Aqua Metals announced that a key patent around AquaRefining has been allowed in both India and Indonesia.
CIEN

Hot Stocks

09:14 EDT Ciena CEO sees return to 'more normalized growth'
UPS

Hot Stocks

09:14 EDT UPS appoints Suzanne Lindsay-Walker as chief sustainability officer - UPS announced Suzanne Lindsay-Walker has been named UPS chief sustainability officer and vice president of environmental affairs. In this role, she succeeds Tamara Barker, a 32-year UPS veteran who recently retired. Lindsay-Walker will be responsible for policies and programs to ensure compliance with environmental laws and regulations, as well as overseeing the attainment of UPS's sustainability goals to reduce the use of carbon-based fuels. Most recently, Lindsay-Walker served as director of sustainability at Brambles USA.
BLIN

Hot Stocks

09:13 EDT Bridgeline Digital selected by global 100 manufacturer for content management - Bridgeline announced that it was selected by a global-100 manufacturer to manage content for their Salesforce Lightning Community with Bridgeline's OrchestraCMS platform. The manufacturer intends to use the Bridgeline OrchestraCMS software to create a platform for its employees and partners to author and share content within their Salesforce Lightning Community.
MTBC

Hot Stocks

09:11 EDT Medi-Weightloss Franchising partners with MTBC - MTBC announced that Medi-Weightloss Franchising has partnered with MTBC. MTBC will provide Medi-Weightloss franchises with their end-to-end revenue cycle management services, along with certain value added services. This will enable providers to improve the efficiency of their clinics while providing quality care to their patients
TILE

Hot Stocks

09:11 EDT Interface announces two new board members, expands to 11 directors - Interface announced the election of Dwight Gibson and Joseph Keough to its board. Gibson has deep roots in manufacturing and sustainability, while Keough has spent the greater part of his career in commercial real estate. Gibson serves as president, food & beverage and industrial segments for SPX FLOW. Keough serves as chairman and CEO of Wood Partners
BREW

Hot Stocks

09:11 EDT Craft Brew updates FY19 guidance - Craft Brew is maintaining FY19 guidance with the exception of shipments and depletions. While shipments for portfolio anchor Kona Brewing Co. were up 10% in the first half of the year, significant retailer out-of-stock issues in key markets negatively impacted Q2 depletions and go-forward shipments. Additionally, lower-than-planned contract brewing shipments are continuing to dampen volume growth. As a result of these impacts, CBA is adjusting its shipments and depletions range downward to between flat and an increase of 3%. The company is maintaining average price increases of 1% to 2%, gross margin rate of 34.5% to 36.5%, maintaining SG&A range of $75M-$79M, which reflects a $4.7M one-time expense related to the Kona class action lawsuit settlement, maintains capital expenditures range $13M-$17M and tax rate of 25%.
LRAD

Hot Stocks

09:09 EDT LRAD Corporation announces $1.1M homeland security order from Southeast Asia - LRAD Corporation announced it received a new $1.1M order for LRAD 1000X and LRAD 500X acoustic hailing devices and accessories. The LRAD systems and accessories are scheduled for deployment to homeland security and law enforcement agencies in a Southeast Asian country.
APEX

Hot Stocks

09:07 EDT Apex Global Brands announces continued expansion of Hi-Tec - Apex Global Brands announced the continued expansion of Hi-Tec. Through new licensing and distribution partners, APEX will expand its assortment of Hi-Tec products to consumers across North America, Europe and Asia starting this fall. In Europe, APEX has expanded its Hi-Tec distribution partnership with several specialty retailers, including Urban Outfitters and FootLocker. In Asia, new footwear distribution partnerships have been added in China and Korea, while advanced discussions are underway to bring Hi-Tec apparel and accessories to China, Japan and Korea. For North America, a number of new licensees have been announced including Kenmark for sunglasses and optical, Ampac for backpacks and bags, as well as, Affinity Brand Partners for tech accessories.
RRGB

Hot Stocks

09:07 EDT Red Robin Board rejects unsolicited proposal from Vintage Capital - Red Robin's Board of Directors has unanimously rejected an unsolicited, conditional proposal made on July 18 by Vintage Capital Management to acquire all of the outstanding common shares of Red Robin for $40.00 per share. The Board unanimously determined that the proposal undervalues Red Robin and is not in the best interests of all shareholders, as the strategic plan currently being implemented by Red Robin positions the company to deliver greater long-term value to its shareholders than Vintage's proposal.
ABT

Hot Stocks

09:06 EDT Abbott launches TRILUMINATE trial to evaluate TriClip - Abbott announced the launch of the company's TRILUMINATE trial to evaluate the safety and effectiveness of the company's TriClip transcatheter tricuspid valve repair system for the treatment of severe tricuspid regurgitation, or TR. This is the first pivotal investigational device exemption, or IDE, trial in the U.S. to evaluate a catheter-based, non-surgical treatment for patients with severe TR. The first enrollments in the TRILUMINATE IDE study occurred at Abbott Northwestern hospital in Minneapolis. Alongside the TRILUMINATE study, Abbott's TriClip device was accepted for national reimbursement consideration through a process known as "Parallel Review" by the FDA and the Centers for Medicare and Medicaid Services. The Parallel Review program is a collaborative effort that is intended to reduce the time between FDA approval and Medicare coverage decisions through CMS's National Coverage Determination. The launch of the TRILUMINATE pivotal IDE study follows a smaller, single-arm TRILUMINATE trial that was conducted in Europe and the U.S. to evaluate the safety and performance of the TriClip repair system. Results from that study, presented during a late-breaking session at EuroPCR, found that after 30 days, 86.6% of patients who received the TriClip device saw a reduction in TR severity of at least one grade. In addition to a strong safety profile for the procedures in patients considered to be at high risk for surgery, a significant proportion of patients also saw an improvement in their heart failure symptoms as assessed using the New York Heart Association functional classification and Kansas City Cardiomyopathy Questionnaire score.
RRGB

Hot Stocks

09:05 EDT Red Robin appoints Pat Murphy as CEO - Red Robin has appointed Paul J.B. Murphy III as President, CEO, and a member of the Company's Board of Directors, effective October 3. He succeeds Pattye Moore, who has served as interim CEO since April. This leadership transition is the result of a comprehensive search process and follows the company's recently announced board changes, which included the addition of three new independent Board directors with industry experience and the announcement of the pending retirements of three existing board members. Aylwin Lewis and Moore, who is also Board Chair, will retire from the Board following an appropriate transition period, and Stuart Oran will not stand for re-election in 2020. Murphy served as Executive Chairman of Noodles & Company from 2017 to 2019 and as CEO of Del Taco Restaurants from 2009 to 2017.
CTRM

Hot Stocks

09:04 EDT Castor Maritime announces delivery of M/V Magic Sun, new time charter contract - Castor Maritime announced pursuant to a memorandum of agreement dated July 25, 2019, it completed, through one of its wholly-owned subsidiaries, the acquisition of its second vessel, namely the Magic Sun, a 2001 Korean built Panamax dry bulk carrier, from an unaffiliated seller, for a purchase price of $6.7M. The Magic Sun Acquisition was financed with cash on hand and the proceeds from a $5M unsecured term loan agreement entered into between the Company and an entity controlled by Petros Panagiotidis, Castor's Chairman, Chief Executive Officer and Chief Financial Officer, which closed on August 30, 2019. The $5M Term Loan Facility bears an annual fixed interest rate of 6% and has a bullet repayment at maturity, which is eighteen months following the drawdown date. The Board of Directors of the Company and the Special Committee consisting of disinterested and independent members of the Board have approved the $5M Term Loan Facility. In connection with the Magic Sun Acquisition, on August 30, 2019, the Company, through one of its wholly-owned subsidiaries, entered into a new time charter agreement with Oldendorff Carriers GMBH & Co KG at a daily hire rate of $12,000. The charter agreement has an expected term of minimum eight months up to maximum months and is expected to commence on or around September 7, 2019. With this new employment, the Company's gross revenue is expected to increase by $2.9M for the minimum scheduled period of the time charter and could reach approximately $4.4M should employment be extended to its maximum period.
WORK...

Hot Stocks

09:04 EDT Fly Intel: Pre-market Movers - HIGHER: Comcast (CMCSA), up 2% after Oppenheimer analyst Timothy Horan upgraded the stock to Outperform from Perform with a $54 price target. The company's fundamentals are "healthy" in the near-term, and 2020 is setting up to be a "strong year," Horan tells investors... VMware (VMW), up 2% after Goldman Sachs analyst Heather Bellini upgraded shares to Neutral from Sell with an unchanged price target of $152. The recent pullback in the share price has reset investor expectations around the company's growth trajectory, Bellini tells investors. UP AFTER EARNINGS: Signet Jewelers (SIG), up 16%... Palo Alto Networks (PANW), up 10%. DOWN AFTER EARNINGS: Ciena (CIEN), down 5%... Kirkland's (KIRK), down 25%... At Home Group (HOME), down 18%... Slack Technologies (WORK), down 13%. ALSO LOWER: Mallinkrodt (MNK), down 49% after Bloomberg reported that the company has hired restructuring advisers to help limit its potential legal liabilities from the opioid epidemic. Reportedly, Mallinckrodt is exploring options that could include a bankruptcy filing if its legal costs become unmanageable... GMS Inc. (GMS), down 5% after its 6.825M share spot secondary priced at $27.20.
CIEN T

Hot Stocks

09:01 EDT Ciena CFO says AT&T 'not top 10 customer' for first time in long time
ACRS

Hot Stocks

09:00 EDT Aclaris Therapeutics trading resumes
PRSP

Hot Stocks

08:59 EDT Perspecta awarded $166M information technology support contract from U.S. Senate - Perspecta announced that it has been awarded a prime contract from the United States Senate for its information technology support contract IV, or ITSC IV. The award, which represents new work for the company, has a two-year base with four, one-year options and a potential value of $166M. Under the potential $166M contract, Perspecta will provide the Senate with acquisition and IT support services for workstation and server hardware, operating system software and application system software. The company will also provide help desk services and on-site maintenance and support for the U.S. Senate in Washington, D.C., and more than 400 state offices for Senate members, committees, leadership and officers.
CIEN

Hot Stocks

08:57 EDT Ciena on track to deliver FY19 automation software revenue target of $50M-$60M
MGM

Hot Stocks

08:50 EDT MGM Resorts partners with Buffalo Wild Wings in sports bars and gaming - MGM Resorts International and its sports betting venture, Roar Digital, is entering a multi-year partnership with Buffalo Wild Wings to deliver sports gaming experiences at a national scale inside Buffalo Wild Wings through MGM's digital gaming platform, BetMGM. In addition, the deal is expected to spawn collaborations inside MGM properties and sports books, including a new Buffalo Wild Wings sports bar slated to open at Mandalay Bay in 2020. Roar Digital is the 50/50 venture established in July 2018 between MGM Resorts International and GVC Holdings. The partnership begins with a free-to-play football game available nationwide. Plans also include a sports betting test program in New Jersey later this year with the goal of expanding to additional states as legislation is passed. At least three new Buffalo Wild Wings sports bars are expected to open within MGM properties or in partnership with BetMGM as additional states come online.
MGM

Hot Stocks

08:49 EDT MGM Resorts announces sports betting partnership with Buffalo Wild Wings - Buffalo Wild Wings is joining forces with MGM Resorts and its sports betting venture, Roar Digital, for a multi-year partnership. In accordance with applicable regulatory requirements, the partnership will deliver sports gaming experiences at a national scale inside Buffalo Wild Wings through MGM's digital gaming platform, BetMGM. In addition, the deal is expected to spawn collaborations inside MGM properties and sports books, including a new Buffalo Wild Wings sports bar slated to open at Mandalay Bay in 2020. Roar Digital is the 50/50 venture established in July 2018 between MGM Resorts and GVC Holdings. While the strategic alignment is focused on capitalizing on future opportunities as states continue to pass sports betting legislation, consumers will begin to experience BetMGM at Buffalo Wild Wings as early as this week. The partnership kicks off with a free-to-play football game available nationwide. Plans also include a sports betting test program in New Jersey later this year with the goal of expanding to additional states as legislation is passed. The first consumer-facing product to come from this partnership is Picks and Props, a free-to-play, mobile-only football game available nationwide starting immediately when the pro football season kicks off. The game offers a sports betting-like experience with no stakes attached. Players have the opportunity to win prizes like trips to Las Vegas to place a parlay bet for the Big Game that could pay out at $1M or to Borgata in New Jersey to compete in the first BetMGM sports betting competition.
OSS

Hot Stocks

08:46 EDT One Stop Systems' German facility certified to support $60M OEM contract - One Stop Systems' German facility has received UL and TundefinedV certifications and full customer approval to manufacture, test and support the company's media and entertainment servers being produced under a previously announced $60 million OEM contract.
RBZ

Hot Stocks

08:43 EDT Reebonz Holding receives Nasdaq deficiency notice - Reebonz Holding announced that it has received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market dated August 29, 2019 indicating that the Company did not meet the continued listing requirement of maintaining a minimum Market Value of Publicly Held Shares for the Nasdaq Global Market, as set forth in the Nasdaq Listing Rule 5450(b)(3)(C) because the market value of the Company's publicly held ordinary shares for the last 30 consecutive business days was below the minimum MVPHS requirement of $15,000,000. Pursuant to Rule 5810(c)(3)(D) of the Nasdaq Listing Rules, the Company has a compliance period of 180 calendar days, or until February 25, 2020 to regain compliance with Nasdaq's minimum MVPHS requirement. If at any time during the Compliance Period, the Company's MVPHS closes at $15,000,000 or more for a minimum of ten consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed. In the event the Company does not regain compliance with Rule 5450(b)(3)(C) prior to the expiry of the Compliance Period, the Company will receive written notification that its securities are subject to delisting from the Nasdaq Global Market. At that time, the Company may appeal the delisting determination to a Hearing's Panel of Nasdaq.
CEI

Hot Stocks

08:41 EDT Camber Energy subsidiary Lineal Star intends to purchase Evercon Energy - Camber Energy's subsidiary Lineal Star Holdings has executed an LOI to purchase EverconEnergy, headquartered in College Station, Texas. Evercon provides pipeline solutions and field services, project management and inspection services, energy infrastructure maintenance, facilities construction, fabrication and Heavy Civil Construction services. Brian Stiles, President and Founder of Evercon, will remain with the company as President and will retain a profit interest in the company should the transaction be completed. Camber anticipates closing this transaction in October.
ORBC

Hot Stocks

08:40 EDT Orbcomm announces contract extension with Global Fishing Watch - ORBCOMM announced that Global Fishing Watch has extended their contract for another three years for ORBCOMM's satellite Automatic Identification System data. Global Fishing Watch is an independent, international non-profit organization originally set up through collaboration by Oceana, Google and SkyTruth to advance ocean sustainability through greater transparency in global fishing activity.
GNLN

Hot Stocks

08:39 EDT Greenlane, Sherbinskis partner for launch, distribution of hemp pre-rolls - Greenlane Holdings announced a partnership with cultivator Mario Guzman, founder of designer cannabis brand Sherbinskis and creator of famed strains Gelato and Sunset Sherbert, for the launch and national distribution of their individually branded, American grown hemp pre-rolls. The hemp pre-rolls are enhanced with a proprietary terpene flavor profile - Sherbinskis "Gelato" -and are manufactured using only American grown hemp, plant-derived terpenes and water. Greenlane is leveraging its expansive North American distribution network of more than 11,000 retail locations to launch Sherbinskis Gelato hemp pre-rolls to U.S. customers in states where the distribution and sale of hemp-derived products are authorized by and in compliance with applicable state laws and regulations.
EDSA

Hot Stocks

08:38 EDT Edesa Biotech approved to initiate clinical study in hemorrhoids - Edesa Biotech has received approval from Health Canada to begin a clinical study of its investigational drug, EB02, which the company is developing as a potential treatment for patients with grade I-III internal hemorrhoids. The exploratory study is designed to assess the safety and efficacy of EB02 among hemorrhoid patients at leading clinical research sites in Canada. Should the initial results be encouraging, the company plans to transition from a proof of concept study to a Phase 2 study. EB02 employs a novel mechanism of action against a common inflammation pathway. The molecule has demonstrated highly selective, antagonistic activity against the secretory enzyme family involved in inflammation, pruritus and fibrosis.
ICE

Hot Stocks

08:37 EDT IntercontinentalExchange reports August average daily volume up 15% - Intercontinental Exchange reported August trading volume and related revenue statistics, stating that average daily volume was up 15% year-over-year and open interest was up 5% year-over-year. In Energy, Brent average daily volume was up 27% y/y and open interest was up 6% y/y. Reference Link
TTC TSCO

Hot Stocks

08:36 EDT Toro Company, Tractor Supply announce strategic partnership - The Toro Company (TTC) and Tractor Supply Company (TSCO) announced a new long-term strategic partnership. Under the terms of the partnership, Tractor Supply will be The Toro Company's exclusive partner in the farm and ranch channel for select models of Toro zero-turn mowers, walk mowers and portable power equipment in stores nationwide and online beginning in spring of 2020. This partnership helps to expand Toro's reach into the rural lifestyle retail market and further strengthens Tractor Supply's product offering with a leading outdoor power equipment brand. The product line will be available in Tractor Supply stores and online at www.TractorSupply.com beginning next spring.
AZUL

Hot Stocks

08:36 EDT Azul reports August traffic up 26.4% - Azul announced its preliminary traffic results for August. Consolidated passenger traffic increased 26.4% compared to August 2018 on a capacity increase of 25.6%, resulting in a load factor of 83%, an increase of 0.6 percentage points compared to the same period in 2018. Domestic load factor was 82.6% and international load factor was 84.2%.
FLT NSANY

Hot Stocks

08:35 EDT FleetCor partners with Nissan on contactless payments in Brazil - Fleetcor Technologies (FLT) company Sem Parar announced a new partnership in Brazil with Nissan (NSANY) for the outfitting of all new Nissan vehicles with Sem Parar RFID tags, bringing contactless payments capabilities to drivers and expanding Sem Parar's customer base in the region. Under the agreement, Sem Parar electronic payment stickers will be factory-installed into all new Nissan vehicles manufactured in Brazil as well as used vehicles available at Nissan dealerships. With approximately 50,000 new Nissan vehicles manufactured in Brazil annually and an estimated production increase of 50,000-100,000 by 2022, the deal is expected to provide incremental upside to the electronic payment stickers Sem Parar already has in market. Nissan vehicles equipped with the Sem Parar tag will become available to consumers beginning in late 2019.
ACRS

Hot Stocks

08:35 EDT Aclaris Therapeutics to terminate 86 employees across organization - "We believe this change in strategy will benefit Aclaris in the near term by lowering expenses and eliminating the inherent risks and investment related to maintaining a commercial infrastructure. By actively seeking a commercialization partner for our commercial products business and refocusing our resources with a view to optimizing our immuno-inflammatory development portfolio, we believe we can significantly reduce our costs, strengthen the organization, and extend our cash runway," said CEO Neal Walker. "Our resources can now be dedicated to prudently advancing our pipeline of novel drug candidates for immuno-inflammatory diseases. As part of our new business strategy, we have approved a plan to significantly reduce our workforce. We expect to complete this reduction over the course of the next six months. This decision was extremely difficult but necessary. I would like to personally thank all of the affected employees for their contributions over the past years." Aclaris' restructuring plan includes the termination of 86 employees across the organization, actively seeking commercialization partners for its commercial products business, and the elimination of various development programs. During the time Aclaris is seeking a commercialization partner for RHOFADE, Aclaris will continue to incur certain expenses related to the sale and distribution of RHOFADE in the United States. This restructuring plan is estimated to cost between $3M and $3.5M in total over the next 6 months, excluding non-cash charges, with the related cash payments to be substantially complete by March 31, 2020. Aclaris anticipates that its current cash and cash equivalents will be sufficient to fund its operations into the third quarter of 2021, without giving effect to any potential new business development transactions or financing activities. The estimates of costs that Aclaris expects to incur and the timing thereof are subject to a number of assumptions and actual results may differ.
EAT

Hot Stocks

08:34 EDT Brinker acquires 116 Chili's restaurants, sees accretion - Brinker completed the acquisition of 116 Chili's restaurants from its 14-year franchisee, ERJ Dining. This follows the announcement of the letter of intent made on July 10. The restaurants, primarily located in the Midwest, generate approximately $300M of annualized revenue. The transaction was funded with availability under Brinker's existing credit facility and is expected to be EPS and cash flow accretive in FY20.
ACRS

Hot Stocks

08:33 EDT Aclaris Therapeutics exploring strategic alternatives for commercial assets - Aclaris Therapeutics announced the completion of a strategic review of its business, as a result of which the Company will refocus its resources on its immuno-inflammatory development programs and actively seek commercialization partners for its commercial products business. This review of the Company's overall business strategy is intended to streamline operations and reduce costs, to position the Company for long-term growth and maximize shareholder value. This new strategic direction includes the following actions: Aclaris is actively seeking partners for its commercial products business. For its remaining marketed product, RHOFADE cream, 1%, Aclaris will no longer utilize a sales force to promote the product. In the interim, Aclaris will continue to sell and distribute RHOFADE in the United States. In addition, Aclaris will also seek strategic partners for ESKATA topical solution, 40%. Aclaris is actively seeking a strategic partner to commercialize its drug candidate A-101 45% Topical Solution, an investigational compound being developed as a potential treatment for verruca vulgaris. The Company's two ongoing Phase 3 pivotal clinical trials, THWART-1 and THWART-2, in which A-101 45% Topical Solution is being evaluated as a potential treatment for common warts, are progressing as planned. Aclaris has completed enrollment of more than 1,000 patients across these two trials, and data from both trials are expected in the second half of 2019. Aclaris is actively seeking a development and commercialization partner for its drug candidates, ATI-501 and ATI-502, which are investigational Janus Kinase1/3 inhibitor compounds for the potential treatment of alopecia. In addition, Aclaris plans to focus on its portfolio of novel kinase inhibitors and its proprietary kinase discovery platform. To that end, Aclaris will continue the development of its drug candidate, ATI-450, an internally developed, investigational oral MK2 inhibitor, which is currently in a Phase 1 clinical trial for development as a potential treatment for rheumatoid arthritis. Aclaris also plans further investment in its drug candidate, ATI-1777 and other preclinical drug candidates, utilizing its robust drug discovery technology and scientific expertise, to develop treatments that may benefit patients suffering from immuno-inflammatory diseases.
PRGO GSK

Hot Stocks

08:32 EDT Perrigo acquires branded OTC rights to Prevacid from GlaxoSmithKline - Perrigo (PRGO) announced that it has entered into a definitive agreement to acquire the branded OTC rights to Prevacid from GlaxoSmithKline (GSK). Under the terms of the agreement, Perrigo will have the exclusive rights to market, sell and distribute Prevacid 24HR in the United States OTC market. Financial terms of the agreement were not disclosed. Prevacid 24HR treats frequent heartburn and is not intended for immediate relief of heartburn.
ACRS

Hot Stocks

08:25 EDT Aclaris Therapeutics trading halted, news pending
BR

Hot Stocks

08:20 EDT BlueRush announces sale of software assets to Broadridge for C$2.3M - BlueRush announced that it has sold the technology and source code for its DigitalReach platform and Broadridge's Smart Advisor application to Broadridge Financial Solutions for C$2.3M in cash. The disposition has been approved by the TSX Venture Exchange. Broadridge and BlueRush have also agreed to an arrangement that enables the continued support of the existing DigitalReach clients.
PFPT OKTA

Hot Stocks

08:18 EDT Proofpoint expands technology partnership with Okta - Proofpoint (PFPT) announced an expansion to its technology partnership with Okta (OKTA) to bolster how organizations protect their most at-risk users from sophisticated cyberattacks. Through this streamlined integration, joint customers can leverage Proofpoint's people-centric Targeted Attack Protection attack index, which scores threats based on their criticality, to identify their very attacked people and apply stronger access controls to better protect those users with the Okta Identity Cloud. Joint Proofpoint and Okta customers can now integrate Proofpoint Targeted Attacked Protection user risk insight with the Okta Identity Cloud. Users that are identified as VAPs by Proofpoint will automatically be placed into a high-risk user group in Okta, allowing administrators to apply adaptive policy controls and higher assurance factors before granting access to resources.
ARCI

Hot Stocks

08:13 EDT Appliance Recycling announces strategic shift, name change to JanOne - Appliance Recycling announced that it is changing its name and broadening its business perspectives to include developing new solutions for ending the opioid epidemic. From digital technologies to educational advocacy to painkilling drugs that address a multibillion dollar a year market, the company intends to champion new initiatives to combat the opioid crisis, which claims tens of thousands of lives each year. The company's new name will be JanOne, a name chosen to express the start of a "new day" in the fight against the opioid epidemic. Along with the new focus and name will come a new Nasdaq ticker symbol (JAN), a new CUSIP number and a new web address. The company expects that the name, symbol, CUSIP and web changes will become effective within the next 10 days. The company will continue to operate its legacy businesses-ARCA and GeoTraq-under their current brand names. The new JanOne is guided by the principle that the right combination of technology, education, and innovative pharmaceuticals can produce a breakthrough in the fight against the overuse and misuse of opioids. The company intends to capitalize on the business potential to of applying private-sector resources toward solutions to the crisis. Under the JanOne umbrella of companies, ARCA will continue to operate its historical appliance recycling business, and GeoTraq will continue to develop and expand its asset tracking and remote monitoring business that employs Mobile IoT modules with global connectivity.
ALIM

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08:12 EDT Alimera Sciences board approves reverse stock split, 10b5-1 stock purchase plan - Alimera Sciences announced that its board of directors has approved a proposal to effect a reverse stock split of its common stock. The reverse stock split is expected to result in a higher per share price and a corresponding lower number of total shares issued and outstanding, which should enable Alimera to attain the minimum $1.00 per share bid price requirement for its common stock as required for continued listing on the Nasdaq Global Market. Alimera believes that a reverse stock split can help increase the marketability of its stock to a broader range of potential investors. The proposal is subject to stockholder approval of an amendment to Alimera's restated certificate of incorporation that would effect the reverse stock split. Alimera expects to hold a special meeting of stockholders to obtain stockholder approval. Additionally, Alimera's board of directors and its compensation committee have approved 10b5-1 stock purchase plans for Alimera's U.S. executive management team. SEC Rule 10b5-1 provides a mechanism for companies and corporate insiders to purchase or sell a pre-determined number of shares over a specified period of time. Under the recently approved 10b5-1 plans, Rick Eiswirth, President and CEO, Dave Holland, CMO, Phil Jones, CFO, and Samer Kaba, CMO, have agreed to purchase shares of common stock from Alimera in amounts ranging from 5% to 7% of each bimonthly base salary paycheck, beginning on September 15, 2019 and ending on the last payroll date in 2019. Alimera will issue the shares under its 2019 Omnibus Incentive Plan.
ASPU

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08:09 EDT Aspen Group announces 10,000 student milestone - Aspen Group announced its total active student body at Aspen University and United States University now exceeds the 10,000 student milestone. Aspen University's active student body now exceeds 8,500, while United States University exceeds 1,500.
CIR

Hot Stocks

08:07 EDT Circor Aerospace awarded aftermarket service agreement with Emirates Airline - CIRCOR Aerospace announced that its Aerospace & Defense California business has been awarded an exclusive five-year Aftermarket Service Agreement with Emirates Airline. CIRCOR will provide aftermarket parts support, component repair, and overhaul services.
GBT

Hot Stocks

08:05 EDT Global Blood Therapeutics announces FDA acceptance of NDA for voxelotor - Global Blood Therapeutics announced that the U.S. Food and Drug Administration has accepted for filing the company's New Drug Application seeking accelerated approval for voxelotor, an oral, once-daily therapy in development for the treatment of sickle cell disease. If approved, voxelotor would be the first therapy available to patients that targets hemoglobin polymerization, the root cause of SCD damage. The FDA granted Priority Review for the NDA for voxelotor, which provides for a six-month review, and assigned a Prescription Drug User Fee Act target action date of February 26, 2020. The Agency also indicated in the NDA filing acceptance notification letter that it is not currently planning to hold an advisory committee meeting to discuss the application for voxelotor. The NDA for voxelotor is supported by data from the multi-national Phase 3 HOPE Study of voxelotor in patients ages 12 and older with SCD who enrolled in the study from 60 institutions across 12 countries. The HOPE Study results were recently published in The New England Journal of Medicine. Voxelotor has been granted FDA Breakthrough Therapy, Fast Track, Orphan Drug and Rare Pediatric Disease designations for the treatment of patients with SCD.
OCX

Hot Stocks

08:03 EDT OncoCyte announces agreement to acquire Razor Genomics - OncoCyte Corporation announced that it has entered into a definitive agreement to acquire Razor Genomics. An initial closing at which OncoCyte will acquire shares of Razor preferred stock representing 25% of the outstanding equity of Razor, is expected to close by the end of September, subject to customary and other closing conditions. OncoCyte will have the option to acquire the balance of the outstanding shares of Razor common stock from Razor's shareholders. Razor's CLIA-certified treatment stratification test has been rigorously validated to identify early-stage lung cancer patients who are at high-risk versus low-risk of death within five years following surgical resection. The Razor test enables the identification of lung cancer patients at high risk for recurrence and allows them to be treated at a time when their cancer can still be responsive to adjuvant chemotherapy. Importantly, the recent decision by Centers for Medicare and Medicaid Services Molecular Diagnostic Services Program to recommend coverage for the Razor test is a significant inflection point for OncoCyte and accelerates the path to becoming a commercial stage company. In a published clinical utility study, the five-year disease-free survival rate was 92% for individuals identified as high risk by the Razor test and treated with chemotherapy, compared to 49% in untreated high-risk patients. Similarly, individuals identified as low risk by the Razor test had a 5-year disease free survival of 94% without the use of chemotherapy. In this study, the test demonstrated higher accuracy at discriminating between high and low risk patients than current National Comprehensive Cancer Network guideline criteria for risk assessment. In another published survey of physicians who ordered the test, approximately one in three physicians changed their treatment decision based on the results of the Razor test. Upon closing, OncoCyte will make a cash payment of $10M for an initial 25% equity interest in the form of Razor preferred stock. OncoCyte will pay an additional $1M milestone resulting from the positive CMS coverage decision recently received. In addition, the selling shareholders of Razor are eligible to receive an additional $10M in cash and $5M of OncoCyte common stock, or shares of common stock and cash in certain circumstances, for all remaining shares of Razor upon the achievement of certain clinical trial milestones. Upon achievement of a clinical trial milestone, Razor's shareholders are eligible to receive up to $3M of OncoCyte common stock, or shares of common stock and cash in certain circumstances, and upon the achievement of an additional CMS coverage milestone, Razor's parent company is entitled to receive a $4M cash payment from OncoCyte. Razor will reserve $4M of the initial $10M payment from our purchase of the preferred stock for use in financing a supplemental clinical trial of the Razor test. OncoCyte has agreed to pay future clinical trial costs in excess of that $4 million reserve, subject to ceilings under a clinical trial budget.
BSGM

Hot Stocks

07:54 EDT BioSig's NeuroClear Technologies raises $3.7M - BioSig Technologies announced that its subsidiary, NeuroClear Technologies raised $3.7M in an initial seed round. Founded in November 2018, NeuroClear Technologies aims to address some of the biggest challenges in bioelectronic medicine, including, but not limited to, targeted nerve stimulation and a closed feedback loop system to provide appropriate stimulation. NeuroClear intends to build up on the core competencies in recording and analysis of intracardiac, surface ECG and neuronal signals, which have been already validated by BioSig, and develop a dedicated product line to address and/or advance current therapies within a number of markets, such as cognitive disorders and nephrology. The proceeds of this offering are intended to be used to fund the development of the product candidates, initial pre-clinical studies, development of intellectual property portfolio and for general corporate purposes.
BC

Hot Stocks

07:52 EDT Brunswick announces formation of Aluminum Boat Group - Brunswick Corporation announced the formation of the Aluminum Boat Group, a further step in its systematic plan to fully leverage the scale of its boat business to drive operational excellence, create market-leading products and deliver continued operating margin improvement. ABG will be comprised of seven of Brunswick's boat brands - Lund, Harris, Lowe, Crestliner, Princecraft, Cypress Cay and Thunder Jet. ABG Commercial operations will be based in Brunswick's Mettawa, Ill. headquarters location. The formation of the ABG follows closely from the recent establishment of the Venture Group. This new organization within the Brunswick Boat Group is comprised of the Bayliner, Heyday, Quicksilver and Uttern fiberglass brands. Each of these brands is well positioned to support its goal of expanding boating participation by providing a gateway to affordable, safe and exceptional boating experiences to its diverse base of global customers. Over the past several months, Brunswick has implemented a comprehensive set of actions aimed at solidifying and advancing its position within the global boat market. These included: exiting the sport yacht and yacht segment in June 2018; the creation of the Brunswick Boat Group Technology Center, the most capable recreational boat design and technology center in the United States; and the establishment of the Integrated Manufacturing Center which expands production capacity and flexibility for high-running models and is facilitating increased insourcing and vertical integration.
SLDB

Hot Stocks

07:42 EDT Solid Biosciences announces publication highlighting role of nNoS domain - Solid Biosciences announced the publication of a review article in the journal Neuromuscular Disorders that summarizes the evidence supporting the function of microdystrophin-associated neuronal nitric oxide synthase and its potential utility in Duchenne muscular dystrophy gene therapy. The publication reviews the available preclinical data, as well as human data from individuals with Becker muscular dystrophy, summarizing the evidence linking nNOS activity and proper cell localization to its role in counteracting muscle ischemia and in maintaining muscle health. Clinical evidence based on individuals with BMD, a less severe form of muscular dystrophy than DMD, indicates that deficiency in nNOS activity is associated with more severe disease progression. "Dystrophin is a large and complex protein with multiple biological activities," said CSO Carl Morris. "Evidence indicates that the nNOS domain is a critical component of dystrophin and may be required for normal protein function. Our AAV9-based microdystrophin gene therapy development candidate, SGT-001, is unique in that it includes the functional nNOS domain, and our development program will assess potential nNOS-related clinical benefits, including diminished muscle fatigue and protection against ischemic muscle damage, which can lead to loss of functional muscle. We look forward to continuing to evaluate the clinical profile of SGT-001 in the ongoing Phase 1/2 IGNITE DMD trial in patients with DMD."
WVE...

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07:39 EDT Wave Life Sciences appoints Amy Pott, Heidi Wagner, Mark Corrigan to board - Wave Life Sciences (WVE) announced the appointment of Amy Pott, Heidi Wagner, JD, and Mark Corrigan, MD, to its Board of Directors. These new independent directors deepen the Board's expertise in clinical development, product commercialization, and government and payor relations as the company advances its clinical and preclinical pipeline and further develops PRISM, its proprietary discovery and drug development platform. They will also provide strategic guidance on the company's ongoing preparations for the potential U.S. launch of suvodirsen for the treatment of boys with Duchenne muscular dystrophy who are amenable to exon 51 skipping. Pott serves as President, North America, for Swedish Orphan Biovitrum (BIOVF), also known as SOBI. Wagner currently serves as Senior Vice President, Government Affairs and Policy at Global Blood Therapeutics (GBT). Corrigan currently serves as the CEO of Correvio Pharma (CORV).
CBWTF

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07:35 EDT Auxly announces KGK Science receives cannabis research license - Auxly Cannabis Group announced that its wholly-owned subsidiary, KGK Science has been issued a Cannabis Research Licence by Health Canada under the Cannabis Regulations allowing KGK to possess and administer cannabis for purposes of a clinical trial. This licence is one of the first of its kind to be issued to a contract research organization in Canada. In its first cannabis-based clinical trial, KGK will be testing the pharmacokinetics of THC and CBD in healthy adults. Based on a protocol developed by KGK researchers, the trial will commence in October 2019 at KGK's in-house clinic in London, Ontario, with results being later delivered to the third-party sponsor who has privately contracted KGK to conduct this trial on their behalf. With many more cannabis trials in its pipeline, KGK is well on its way to demonstrating its leadership in research and regulatory services to support cannabis and cannabis-derived products.
PACB

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07:34 EDT Pacific Biosciences' SMRT Sequencing technology selected by SOLVE-RD - Pacific Biosciences announced that its Single Molecule, Real-Time Sequencing technology has been selected by the European research program SOLVE-RD to help reveal the genetic mechanisms responsible for rare genetic diseases. As part of this work, scientists will sequence more than 500 whole human genomes with the PacBio Sequel II System to pinpoint disease-causing variants. The SOLVE-RD research program, a consortium of greater than20 institutions funded with a five-year, EURO$15 million award from the European Union's Horizon 2020 initiative, aims to improve the diagnosis and treatment of rare diseases by applying novel tools to cases that were not solved with short-read exome sequencing. Structural variants are increasingly being recognized as the cause of many rare diseases, but these large genomic elements are often undetectable with short-read sequencing tools due to their length and repetitive content. Structural variation affects more base pairs of the human genome than single nucleotide variants and small insertions and deletions combined. With its extraordinarily long reads, SMRT Sequencing detects structural variants with high precision and recall, even at low coverage.
ESPR

Hot Stocks

07:31 EDT Esperion completes enrollment in global CLEAR Cardiovascular Outcomes Trial - Esperion announced the completion of patient enrollment in the CLEAR Cardiovascular Outcomes Trial. The trial is designed to evaluate whether treatment with bempedoic acid reduces the risk of cardiovascular events in patients with statin intolerance who have cardiovascular disease or are at high risk for cardiovascular disease. CLEAR Outcomes is an event-driven trial and will conclude once the predetermined number of major adverse cardiac events endpoints occur. Based on estimated cardiovascular event rates, we expect to meet the target number of events in the second half of 2022.
ZFGN

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07:30 EDT Zafgen trading resumes
KKR

Hot Stocks

07:23 EDT KKR acquires majority stake in Indian education service EuroKids International - KKR has completed the acquisition of a majority stake in Indian education services provider EuroKids International EuroKids franchise from the existing investor consortium led by Gaja Capital. EuroKids will continue to be managed by its team of educators, administrators and management team led by co-founder & Group CEO Prajodh Rajan, who will also remain a shareholder in the company. KKR will work with EuroKids and its portfolio of brands to identify both organic and inorganic growth opportunities and ways to enhance offerings and practices. EuroKids' portfolio of brands serves more than 120,000 students from 1,115 Pre-Schools and 35 K-12 schools across five countries.
ZYNE

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07:23 EDT Zynerba presents data on sociobehavioral symptoms of ASD, FSX, 22qDS - Zynerba Pharmaceuticals is presenting data describing the results of a retrospective literature review on patients with autism spectrum disorder, Fragile X syndrome, and 22q11.2 deletion syndrome conducted to determine symptomatic overlap between these disorders. The data indicate that patients with ASD, FXS, and 22qDS share a constellation of sociobehavioral symptoms and that the pharmacology of CBD is broad, continues to be defined, and may prove to be beneficial in addressing important behavioral symptoms of these conditions. Honey Heussler is presenting data showing that patients with ASD, FXS, and 22qDS share a constellation of sociobehavioral symptoms that includes anxiety, which may lead to social avoidant behavior, aggression, irritability, attention deficits, and poor communication. Based on insights from Company data, a search of the PubMed database was conducted using the terms "behavior," "behavioral symptoms," "autism spectrum disorder," "ASD," "Fragile X Syndrome," "FXS," "22q11.2 deletion syndrome," "parents," "caregivers," and "CBD and treatment of anxiety" with no restriction on date or publication type. Records were then analyzed for relevance. The most common behavioral manifestations across all conditions are anxiety-related, such as social avoidance, aggression, irritability, attention deficits, stereotypy, poor communication, and social unresponsiveness. Anxiety-related symptoms are common in patients with ASD with up to 84% of children experiencing some degree of debilitating anxiety. Rates of physician-diagnosed anxiety disorders in these patients range from 42% to 55% and may include simple phobias, generalized anxiety disorder, separation anxiety disorder, obsessive-compulsive disorder, and social phobias. Comorbid anxiety disorders can be associated with behaviors such as aggression/irritability and isolation from same-age peers Inattention and hyperactivity are often present in Attention Deficit-Hyperactivity Disorder and ASD. In FXS, severe cognitive and social impairments are more common in males than in females. FXS usually has profound effects on the life of patients as well as their caregivers and families. Anxiety and social avoidance are considered core features of FXS; further, anxiety can be thought of as a foundational precipitant to social avoidance. Social avoidance encompasses behaviors that may include seeking isolation, lack of interaction, social escape, and gaze avoidance that distance the individual from his/her social counterparts. The most common behavioral/psychiatric diagnoses in children with 22qDS were ADHD, ASD, and anxiety. Up to one-third of patients with 22qDS will develop schizophrenia or schizo-affective disorder by late adolescent and early adulthood. The emergence of social deficits during adolescence can represent a major source of disability in some individuals with 22qDS. Cross-sectional studies show that children with 22qDS are withdrawn and shy, and have social impairments which may be less of a concern to the individual. The authors conclude that preliminary evidence, including findings from the Phase 2 open-label FAB-C study in children and adolescents with FXS and a retrospective literature review based on insights from that Company data, shows that CBD improves social anxiety and associated behavioral manifestations suggesting that it may prove to be effective in managing the spectrum of behavioral symptoms associated with these conditions.
SCWX

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07:20 EDT Secureworks sees Q3 EPS (4c)-(3c), consensus (3c) - Sees Q3 revenue $135M-$137M, consensus $135.36M.
AXSM

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07:17 EDT Axsome Therapeutics presents AXS-07 Phase 1 trial results at Congress of the IHC - Axsome Therapeutics will present results from a Phase 1 pharmacokinetic trial of AXS-07 at the 19th Congress of the International Headache Society in Dublin on September 6, 2019. AXS-07 is Axsome's novel, oral, investigational medicine with distinct dual mechanisms of action being developed for the acute treatment of migraine. Results of the Phase 1 trial demonstrated that AXS-07 is rapidly absorbed after oral administration, with the MoSEIC meloxicam component also displaying an extended plasma half-life, suggesting the potential for enhanced and sustained efficacy. These results support the ongoing MOMENTUM Phase 3 trial of AXS-07 in migraine patients with a history of inadequate response to prior acute treatments. The Phase 1 trial examined the pharmacokinetics of AXS-07 tablets, and 10 mg standard rizatriptan in healthy volunteers. After oral administration of AXS-07, therapeutic plasma concentrations of MoSEIC meloxicam were attained in a median time of 17 minutes, the trial's pre-specified primary endpoint, while maximum plasma concentrations of the rizatriptan component were reached in a median time of 38 minutes. These results suggest the potential for enhanced onset of action for AXS-07. In addition, the terminal half-life of MoSEIC meloxicam was 18 hours indicating the potential for sustained effect. With the administration of AXS-07, the absorption of rizatriptan was numerically faster, and the resulting plasma concentrations numerically greater, as compared to standard rizatriptan. AXS-07 was well tolerated with no relevant differences in safety profile across the two treatment arms. There were no serious adverse events in the study. The efficacy of AXS-07 in the acute treatment of migraine is currently being evaluated in the ongoing MOMENTUM Phase 3 trial, in which patients are randomized to treatment with AXS-07, rizatriptan, MoSEIC meloxicam, or placebo. MOMENTUM is enrolling only patients with a history of inadequate response to prior acute treatments, assessed using the Migraine Treatment Optimization Questionnaire, and the majority of patients randomized to date also report associated allodynia, reflecting a more treatment-resistant population.
XPER IMAX

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07:16 EDT Imax and Xperi's DTS partner to expand Imax Enhanced global ecosystem - IMAX (IMAX) and DTS, a wholly-owned subsidiary of Xperi (XPER), announced an expansion of the IMAX Enhanced ecosystem spanning new streaming platforms, blockbuster movies, and device partners throughout the U.S., Europe, and China. FandangoNOW is expected to begin streaming IMAX Enhanced content in the U.S. in September, while Rakuten TV will follow with increased content ready for streaming to European markets over the coming months. "Bumblebee" will be Paramount Pictures' first addition to the expanding collection of IMAX Enhanced titles for streaming platforms, followed by "Crawl," "Pet Sematary" and "Rocketman," all of which will include IMAX signature sound. Additionally, Sony Pictures Home Entertainment's "Spider-Man: Far From Home", which includes 45 minutes of IMAX's expanded aspect ratio, "The Angry Birds Movie 2," and "Jumanji: Welcome to the Jungle" join the list of titles for IMAX Enhanced. Anthem and StormAudio joined IMAX Enhanced's roster of 14 device partners across A/V receivers and televisions.
AKG

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07:15 EDT Asanko Gold receives $10M from JV partner Gold Fields - Asanko Gold announced that it has received $10M from its joint venture partner Gold Fields Limited. Asanko and Gold Fields completed a Joint Venture Agreement on July 31, 2018 whereby they became 50:50 joint venture partners of the Asanko Gold Mine, located in Ghana, West Africa, which is operated by Asanko. Part of that agreement included a $20M cash payment that was contingent on an Esaase development milestone at the AGM. Following substantial achievement of that milestone in August 2019, Asanko has now received $10M with the remaining $10M to be paid on or before December 31, 2019. In addition, the Company is in the process of finalizing credit agreement documentation on behalf of the Asanko Gold Mine Joint Venture with Rand Merchant Bank for a new revolving credit facility in the amount of $30M. The term of the RCF will be three years, maturing in September 2022 and will bear interest on a sliding scale of between LIBOR plus a margin of 4% and LIBOR plus a margin of 3.8% based on security granted to RMB. Commitment fees in respect of the undrawn portion of the Facility will be on a similar sliding scale of between 1.4% and 1.33%. Final closing of the facility remains subject to the completion of customary closing conditions. As at August 31, 2019 the Company held approximately $14.7M in cash with working capital of $16M. The Asanko Gold Mine Joint Venture held approximately $44.6M in cash, gold bullion and gold receivables, with no external debt.
ZYNE

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07:12 EDT Zynerba presents data on use of ABC-CFXS subscales for Fragile X Syndrome - Zynerba Pharmaceuticals is presenting data evaluating the Social Avoidance, Irritability, and Socially Unresponsive/Lethargic subscales of the Aberrant Behavior Checklist Community: FXS Specific in relation to the experience of caregivers caring for a child with Fragile X syndrome. The poster describes data collected via web-based journals and in-depth interviews of caregivers of children with Fragile X syndrome. The data indicate that nine of ten caregivers reported their children had behaviors representative of social avoidance, socially unresponsiveness/lethargic, and irritability and the behaviors described had strong concordance with individual items of the ABC-CFXS. The poster, entitled Content Validity of the ABC-CFXS and Subscales in Fragile X Syndrome, is being presented on September 5th and 6th at the 22nd Society for the Study of Behavioural Phenotypes Research Symposium at Aston University in Birmingham, UK. Terri Browning Sebree, Zynerba's President, is presenting data providing qualitative evidence of the appropriateness of Social Avoidance, Irritability, and Socially Unresponsive/Lethargic subscales of the ABC-CFXS in assessing core symptoms of FXS. In addition, the data further validate social avoidance, irritability, and socially unresponsive/lethargic behaviors as core FXS behavioral symptoms from the perspective of caregivers of children with the disorder. The Company is utilizing the ABC-CFXS to assess improvements in core behaviors of FXS in the ongoing 14-week pivotal CONNECT-FX study of Zygel.Ten caregivers of children formally diagnosed with FXS participated in this study with assistance from the National Fragile X Foundation via online invitation through the NFXF website. The study found that 90% of caregivers reported at least one behavior that was representative of social avoidance, socially unresponsive/lethargic, and irritability It was common for their children with FXS to prefer the company of single family members to groups of people, even friends, and to seek isolation from others either via physical setting or blocking out the world. Social avoidance had a negative impact on important activities, such as travel, schooling, or visits to the doctor. The social-avoidant behaviors reported by caregivers, including 'seeks isolation from others', 'prefers to be alone', and 'prefers solitary activities' corresponded to items on the Social Avoidance subscale, including seeks isolation from others and isolates himself/herself from other children or adults. Irritability was associated with a broad spectrum of verbal and physical behaviors at inappropriate times. Frequently reported aspects of misbehavior and irritability mapped onto items of the Irritability subscale, specifically 'aggressive to others', 'irritability', 'temper tantrums/outbursts', 'screaming/yelling inappropriately', 'harming of others', and 'stubbornness'. Caregivers frequently reported of 'lack of interaction' and 'lack of attention' in their children with FXS, which mapped to subscale items such as 'preoccupied', 'stares into space', 'unresponsive to structured activities', and 'shows few social reactions to others'. Items on the subscale pertaining to communication were identified as important by caregivers, particularly with respect to how they may exacerbate other syndrome-related behaviors,
TMQ

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07:10 EDT Trilogy Metals CEO Rick Van Nieuwenhuyse resigns, James Gowans named interim CEO - Trilogy Metals announced the resignation of Rick Van Nieuwenhuyse as CEO, president and director of Trilogy Metals. James Gowans has been appointed CEO and president on an interim basis. Van Nieuwenhuyse will remain as a consultant to the company until January 31, 2020 and will assist with transitional matters and with advancing the company's interests in Alaska. Gowans is a director of the company and was president and CEO of Arizona Mining from 2016 to 2018 when Arizona Mining was purchased by South32. The board of the company will commence a search for a permanent CEO shortly.
SMMT

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07:08 EDT Summit presents in vivo PoC data for targeted Enterobacteriaceae antibiotics - Summit Therapeutics presented in vivo proof of concept data for its targeted Enterobacteriaceae antibiotics in animal models of sepsis, pneumonia and urinary tract infection. Efficacy data of Summit's DDS-04 series of antibiotics was comparable to marketed antibiotics in all three disease models. The findings build on previously reported in vitro studies that showed this new antibiotic class had high potency and specificity for multiple resistant and non-resistant Enterobacteriaceae strains. Increasing resistance has rendered many marketed antibiotics ineffective against Enterobacteriaceae. Two Enterobacteriaceae resistance trends seen in the clinic are on the US Centers for Disease Control and Prevention's list of urgent and serious bacterial threats. Against the backdrop of increasing resistance to current antibiotics, there is a clear need for the development of a new class of antibiotics that could overcome all known resistance liabilities. The DDS-04 series is undergoing lead optimisation. Details from the poster presentation: Sepsis Model - Non-neutropenic mouse model infected with E. coli. Mice dosed intravenously with DDS-04 series representative three times once every three hours, starting one hour post-infection. Tigecycline used as reference, dosed 40mg/kg, two times, once at each of one and six hours post-infection. After nine hours, bacterial burden was below the limit of detection in the blood, kidneys, liver, lungs and spleen for both the DDS-04 compound and tigecycline. Pneumonia Model - CD-1 mice infected with K. pneumoniae. Mice dosed intravenously with DDS-04 series representative three times, once every eight hours, starting two hours post-infection. Tigecycline used as reference, dosed 40mg/kg, three times daily every eight hours subcutaneously. After 26 hours, a 4.5 log10 reduction in bacterial burden was observed in the lungs for the DDS-04 compound and a similar reduction was observed with tigecycline. UTI Model - C3H/HeN female mice were infected with E. coli. Mice dosed intravenously with DDS-04 series representative three times daily every eight hours over three days. Ciprofloxacin used as reference, dosed 10mg/kg, three times daily every eight hours over three days. On day four, a significant reduction in bacterial burden was observed in the urine, bladder and kidneys for both the DDS-04 compound and ciprofloxacin.
RCKT

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07:06 EDT Rocket Pharmaceuticals announces first patient treated in RP-L201 trial - Rocket Pharmaceuticals announces that the first patient received investigational therapy in the open-label, Phase 1/2 clinical trial of RP-L201. RP-L201 is the company's lentiviral vector, or LVV,-based gene therapy for the treatment of severe Leukocyte Adhesion Deficiency-I, or LAD-I, that was in-licensed from the Centro de Investigaciones Energeticas, Medioambientales y Tecnologicas.
MIK

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07:05 EDT Michaels to hire 15,000 employees for the holiday season - Michaels will hire approximately 15,000 seasonal positions across its U.S. and Canada stores and distribution centers in preparation for the 2019 holiday season. The company will host a national Seasonal Hiring event in more than 1,250 stores across the country on Saturday, September 7.
NBRV

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07:05 EDT Nabriva Therapeutics to present Xenleta data at ASM/ESCMID conference - Nabriva Therapeutics announced that it will present data at the ASM/ESCMID Conference September 3-6, 2019 in Boston, MA. This meeting is co-sponsored by the American Society for Microbiology and the European Society for Clinical Microbiology and Infectious Diseases, and addresses drug development to meet the challenge of antimicrobial resistance. Highlights of the data to be presented: Poster T-18 - Pharmacokinetic-Pharmacodynamic Analyses for Efficacy Based on Data from Lefamulin-Treated Patients Enrolled in Phase 3 Studies for Community-Acquired Bacterial Pneumonia: In a study evaluating PK-PD relationships for efficacy using data from lefamulin-treated patients with CABP from two phase 3 trials, efficacy results of these analyses provide support for the lefamulin dosing regimens of 150 mg IV q12h and 600 mg PO q12h for the treatment of adult patients with CABP. Poster T-19 - Pharmacokinetic-Pharmacodynamic Target Attainment Analyses to Support Lefamulin Dose Justification and Susceptibility Breakpoint Determinations for Patients with Community-Acquired Bacterial Pneumonia: A population PK model was further refined utilizing PK data collected in phase 3 from CABP patients, nonclinical PK-PD targets for efficacy and in vitro surveillance data with Monte Carlo simulation to perform PK-PD target attainment analyses for dose justification. Results provide support for selection of lefamulin 150 mg IV q12h and 600 mg PO q 12 h in patients for treatment of CABP with or without regard to food. Poster T-20 - Pharmacokinetic-Pharmacodynamic Analyses for Alanine Aminotransferase Using Phase 2 and 3 Data from Lefamulin-Treated Patients: PK-PD relationships for ALT were evaluated using phase 2 and 3 data from lefamulin-treated patients. While a covariate-adjusted relationship between increased ALT and increased lefamulin AUC was found, model-predicted ALT elevation endpoints across fixed lefamulin AUC values, or among simulated patients after administration of lefamulin IV or PO dosing regimens relative to observed patients, were minimal. Poster T-74 - Lefamulin Activity against Gram-Positive Pathogens Collected in the 2017 Global SENTRY Surveillance Program: The objective of this study was to evaluate the in vitro activity of lefamulin and comparators against a contemporary global set of Gram-positive pathogens. As part of the 2017 global SENTRY Antimicrobial Surveillance Program, 4337 unique isolates were collected from patients with community-acquired respiratory tract infections, hospitalized patients with pneumonia, bloodstream infections, skin and soft tissue infections, and other infections. Lefamulin showed potent antibacterial activity against all tested pathogens, and its activity was unaffected by resistance to other antibiotic classes including macrolides, fluoroquinolones or beta-lactam antibiotics.
BMY

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07:03 EDT Bristol-Myers Phase 3 Opdivo CheckMate-548 trial did not meet 1 primary endpoint - Bristol-Myers announced that the Phase 3 CheckMate -548 trial evaluating the addition of Opdivo to the current standard of care versus the standard of care alone did not meet one of its primary endpoints, progression-free survival, in patients with newly diagnosed glioblastoma multiforme that is O6-methylguanine-DNA methyltransferase-methylated. The data monitoring committee recommended that the trial continue as planned to allow the other primary endpoint, overall survival, to mature. The company remains blinded to all study data. "Though CheckMate -548 did not show statistically significant improvement in progression-free survival, we are continuing to evaluate the benefit the addition of Opdivo to the standard of care treatment regimen may bring to patients suffering from GBM, an extremely aggressive and difficult disease to treat. We look forward to seeing the overall survival data when they are available," said Fouad Namouni, M.D., head, Oncology Development, Bristol-Myers Squibb.
CATO

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07:03 EDT Cato Corp. reports August SSS up 3% - Cato Corp. reported sales for the four weeks ended August 31 of $56.7M, up 1% compared to sales of $56.4M for the four week period ended September 1, 2018. SSS in August were up 3% compared to the four weeks ended September 1, 2018. Sales for the thirty weeks ended August 31 were $494.8M, down 1% compared to sales of $499.3M for the thirty weeks ended September 1, 2018. The company's year-to-date same-store sales increased 2%.
ZFGN

Hot Stocks

07:02 EDT Zafgen to explore strategic alternatives - Zafgen announced plans to explore strategic options to maximize shareholder value. Potential strategic alternatives that may be evaluated include, but are not limited to, an acquisition, merger, business combination, in-licensing, or other strategic transaction involving the Company or its assets. "Given the alignment and clarity of our recent work with the FDA, and the preliminary results from our ongoing nonclinical study to translate in vitro differentiation results into an in vivo model system, we believe there is low probability of resolving the clinical hold in the near-term. Because of this, Zafgen has determined that it is in the best interest of shareholders to expand our internal corporate development efforts and formally evaluate strategic alternatives," said CEO Jeffrey Hatfield. "A transaction committee has been formed within the Board of Directors, and we will update investors as appropriate." In July 2019, Zafgen announced that it had reached agreement with the U.S. Food and Drug Administration on an in vivo animal study design and protocol to establish relevant safety margins for ZGN-1061, its investigational MetAP2 inhibitor in development. The study is designed to translate the data from Zafgen's newly developed in vitro assays of human endothelial cells and assessment of tissue factor expression with endothelial cells, along with other supportive assays. Based on preliminary results from this study reviewed this week, Zafgen does not presently expect the data to warrant resolution of the clinical hold for ZGN-1061. Based on previously announced and recently implemented plans to reduce operating expenses and prioritize key resources, Zafgen expects its projected cash runway to last greater than two years, given its current operating plan. The Company has retained MTS Health Partners L.P. as its exclusive advisor to assist the Company in exploring alternatives.
TMQ

Hot Stocks

06:55 EDT Trilogy Metals CEO Rick Van Nieuwenhuyse resigns, James Gowans Interim CEO - Trilogy Metals announced the resignation of Rick Van Nieuwenhuyse as CEO, President and director of Trilogy Metals. James Gowans has been appointed CEO and President on an interim basis. Van Nieuwenhuyse will remain as a consultant to the company until January 31, 2020 and will assist with transitional matters and with advancing the company's interests in Alaska. Gowans is a director of the company and was President and CEO of Arizona Mining from 2016 to 2018 when Arizona Mining was purchased by South32 Limited. Previously he was a Senior Advisor to the Chairman, Co-President and EVP and COO at Barrick Gold from 2014 to 2015. The Board of Directors of the company will commence a search for a permanent CEO shortly.
ZFGN

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06:55 EDT Zafgen trading halted, news pending
BKE

Hot Stocks

06:51 EDT The Buckle reports August SSS up 3.1% - The Buckle announced that comparable store net sales, for stores open at least one year, for the 4-week period ended August 31 increased 3.1% from comparable store net sales for the 4-week period ended September 1, 2018. Net sales for the 4-week fiscal month ended August 31 increased 2.6% to $77.2M from net sales of $75.2M for the prior year 4-week fiscal month ended September 1, 2018.
PRU

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06:50 EDT Prudential authorizes $500M increase to share repurchase program - Prudential's board has authorized a $500M increase to its share repurchase authorization for calendar year 2019. As a result, the share repurchase authorization for the full year 2019 is $2.5B. As of June 30, Prudential had repurchased $1B of shares of its common stock under this authorization. Prudential expects to fully utilize this increased share repurchase authorization by the end of 2019.
PRU

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06:49 EDT Prudential acquires Assurance IQ for $2.35B plus additional earnout up to $1.5B - Prudential Financial announced that it has signed a definitive agreement to acquire Assurance IQ, "a profitable, fast-growing direct-to-consumer platform that transforms the buying experience for individuals seeking personalized health and financial wellness solutions." Terms of the acquisition include a total upfront consideration of $2.35 billion, plus an additional earnout of up to $1.15 billion in cash and equity, contingent upon Assurance achieving multi-year growth objectives. Under the terms of the agreement, Assurance will become a wholly owned subsidiary of Prudential under the U.S. Businesses division. Assurance co-founders Michael Rowell and Michael Paulus will continue to focus on the growth of Assurance. Rowell will remain CEO of Assurance and report to Andrew Sullivan, who will assume the role of executive vice president and head of U.S. Businesses as of December 1. Paulus will remain president of Assurance. The acquisition is expected to be modestly accretive to EPS and ROE starting in 2020. In addition to enhancing the growth of Prudential's financial wellness businesses, the acquisition is expected to generate cost savings of $50 million to $100 million, in addition to the $500 million of expected margin expansion by 2022 discussed at Prudential's June Investor Day. Prudential plans to use a combination of its current cash, debt financing and equity to fund the acquisition, which is expected to close early in the fourth quarter of 2019. Prudential's Board of Directors unanimously approved the transaction. Prudential's Board of Directors has authorized a $500 million increase to its share repurchase authorization for calendar year 2019. As a result, the share repurchase authorization for the full year 2019 is $2.5 billion. As of June 30, Prudential had repurchased $1.0 billion of shares of its common stock under this authorization. Prudential expects to fully utilize this increased share repurchase authorization by the end of 2019.
PRU

Hot Stocks

06:47 EDT Prudential acquires Assurance IQ for $2.35B plus additional earnout up to $1.5B
UTI

Hot Stocks

06:37 EDT Universal Technical appoints Troy Anderson as CFO - Universal Technical Institute announced that Troy Anderson will join the company on September 23 as Executive Vice President and CFO, permanently filling the role held on an interim basis by Scott Yessner. Most recently, he was Vice President and Corporate Controller for Conduent.
TWTR

Hot Stocks

06:35 EDT Twitter disables Tweet via SMS to protect user accounts - In a tweet, the company said, "We're temporarily turning off the ability to Tweet via SMS, or text message, to protect people's accounts. We're taking this step because of vulnerabilities that need to be addressed by mobile carriers and our reliance on having a linked phone number for two-factor authentication (we're working on improving this). We'll reactivate this in markets that depend on SMS for reliable communication soon while we work on our longer-term strategy for this feature." Reference Link
NOVN

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06:34 EDT Novan enters into common stock purchase agreement with Aspire Capital for $25M - Novan has entered into a Common Stock Purchase Agreement of up to $25M with Aspire Capital Fund, a Chicago-based institutional investor. Aspire Capital has committed to purchase up to $25M of common stock of Novan. These purchases would occur at Novan's discretion from time to time during a 30-month period beginning on the effective date of a registration statement filed by Novan with the SEC related to the resale of shares to be issued to Aspire Capital. Novan will retain full control as to the timing and amount of any sale of shares of common stock to Aspire Capital, subject to certain limitations specified in the Agreement. As consideration for Aspire Capital's obligation under the Agreement, Novan issued 345,622 shares to Aspire Capital as a commitment fee, representing a dollar value equal to 3% of the aggregate amount authorized under the Agreement.
ARA

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06:31 EDT American Renal Associates sees 2020 adjusted EBITDA-NCI $90M-$95M - The company's outlook for 2020 Adjusted EBITDA less non-controlling interests, or Adjusted EBITDA-NCI, to be $90M-$95M, and expects its leverage ratio to improve by between 0.3x and 0.6x by year-end 2020 as compared to 5.9x at June 30, 2019 based on several factors, including operating expense initiatives, more limited capital expenditures during 2019 and 2020 and anticipated divestitures of certain assets.
ARA

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06:29 EDT American Renal Associates sees 2019 adjusted EBITDA-NCI $85M-$88M - Adjusted EBITDA less non-controlling interests, or Adjusted EBITDA-NCI, reflecting trends in the operating environment and action plans related to its near-term priorities of improving margins and reducing leverage, is expected to be $85M-$88M for 2019 as compared to 2018 Adjusted EBITDA-NCI of $90.0M. Total normalized treatment growth is expected to be 7.0%-7.5%, vs. 6.1% in 2018; revenue per treatment is expected to decline by 2% to 3%, vs. $349 in 2018; commercial treatment mix is expected to be flat to slightly down, as compared to 12% in 2018, and approximately 80% of commercial treatments are expected to be in-network, as compared to approximately 60% in 2018; and capital expenditures are expected to be in a range of 2.5% to 3% of net patient service operating revenues, as compared to 5.6% in 2018.
FUN

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06:07 EDT Cedar Fair reports revenues through labor day weekend up 8% y/y to $1.12B - Cedar Fair announced that year-to-date preliminary net revenues through September 1 increased 8%, or $86M, to a record $1.12B compared with $1.03B for the same period in 2018. The year-over-year growth was driven by a 1.1M visit, or 6%, increase in attendance to 21M guests; a 3%, or $1.24, increase in in-park per capita spending to $48.79; and a $10M, or 9%, increase in out-of-park revenues to $130M. On a same-park basis, year-to-date preliminary net revenues totaled a record $1.08B, up $48M, or 5%, on a 2%, or 465,000-visit, increase in attendance; a 2%, or $1.08, increase in in-park per capita spending and a 5%, or $6M, increase in out-of-park revenues.
PTEN

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06:03 EDT Patterson-UTI reports August drilling activity - Patterson-UTI reported that for August, the company had an average of 142 drilling rigs operating. For the two months ended August 31, the company had an average of 146 drilling rigs operating.
MSI

Hot Stocks

06:03 EDT Motorola Solutions announces new $1B investment from Silver Lake - Motorola Solutions and Silver Lake announced they will extend their strategic partnership. In connection with the continuation of this partnership, Silver Lake will make a new $1B investment in Motorola Solutions, and settle its outstanding $800M aggregate principal investment one year ahead of its maturity.
AJG

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05:42 EDT Arthur J. Gallagher acquires RGA Group, terms not disclosed - Arthur J. Gallagher announced the acquisition of three Brentford, UK-based insurance intermediaries - Rentguard Limited, Home & Travel Limited and RGA Underwriting Limited - collectively referred to as RGA Group. Terms of the transaction were not disclosed.
BB

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05:37 EDT BlackBerry deepens partnership with Jaguar Land Rover for intelligent vehicles - BlackBerry and Jaguar Land Rover announced that they have deepened their partnership in developing the automotive manufacturer's next generation vehicles. The collaboration between the companies has expanded to include: "BlackBerry Artificial Intelligence and Machine Learning technologies for Automotive. Leveraging BlackBerry QNX and BlackBerry Cylance, the companies are working on transforming vehicle safety across a range of capabilities, including predictive software maintenance and cybersecurity threat protection. BlackBerry QNX for Jaguar Land Rover's next-generation vehicle architecture. Integrating BlackBerry software establishes the overall safety of Jaguar Land Rover's next-generation vehicle architecture, for the best-in-class product its customers expect. BlackBerry Cybersecurity Consulting. Consisting of BlackBerry consultants and security testing technology, BlackBerry Cybersecurity Consulting services identify security vulnerabilities in connected and autonomous vehicles, across the full software library used in a vehicle."
RDY

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05:35 EDT Dr. Reddy's announces launch of Bupropion Hydrochloride Extended-Release Tablets - Dr. Reddy's Laboratories announced the launch of Bupropion Hydrochloride Extended-Release Tablets, USP (SR), a therapeutically equivalent generic version of Zyban Extended-Release Tablets, approved by the FDA.
AZN

Hot Stocks

05:23 EDT AstraZeneca signs IP agreement with Theragnostics - Theragnostics, which is developing molecular radiotherapy for imaging and treating a broad range of cancers, announces a licence agreement with AstraZeneca for intellectual property, or IP, that enables Theragnostics' freedom to operate globally in the diagnostic field of certain selected radionuclide-labelled Poly (ADP-Ribose) Polymerase inhibitors, or PARPi, with an option to an exclusive licence for freedom to operate globally in the therapeutic field of certain selected radionuclide-labelled PARPi. PARP inhibitors are a novel class of oncology drugs that block an enzyme, Poly (ADP-Ribose) Polymerase, that cancer cells use in response to DNA damage, both endogenous and as caused by treatments such as chemotherapy.