Stockwinners Market Radar for November 14, 2019 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

BMRN

Hot Stocks

18:41 EST BioMarin CEO: Our products have a very long life cycle - In an interview on CNBC's Mad Money, BioMarin CEO Jean-Jacques Bienaime said: Confident in reaching $2B in revenue next year.
FTCH...

Hot Stocks

18:35 EST Fly Intel: After Hours Movers - UP AFTER EARNINGS: Farfetch (FTCH) up 19.0%... Digi International (DGII) up 12.6%... Applied Materials (AMAT) up 3.8%... Kulicke and Soffa (KLIC) up 2.3%... Helmerich & Payne (HP) up 2.3%... Wheaton Precious Metals (WPM) up 2.0%. ALSO HIGHER: Radnet (RDNT) up 9.6% after entering S&P SmallCap 600 index... RH (RH) up 7.0% after Berkshire Hathaway disclosed new stake in company. DOWN AFTER EARNINGS: Aurora Cannabis (ACB) down 11.6%... Osmotica (OSMT) down 9.2%... Globant (GLOB) down 4.8%... Dolby Labs (DLB) down 3.8%... Nvidia (NVDA) down 1.4%. Movers as of 18:15ET.
VIA...

Hot Stocks

18:24 EST Viacom CEO: The road ahead for the company is very exciting - In an interview on CNBC's Mad Money, Viacom (VIA, VIAB) CEO Bob Bakish said: I'm really pleased with fourth quarter results... Merger with CBS (CBS) poised to close in early December... There are material synergies on both the cost and revenue side for this merger... We are playing all the segments and that is what makes us different... People who say we can't compete in streaming are absolutely wrong... The content market is very frothy.
NVDA

Hot Stocks

18:22 EST Nvidia CFO says continue to see 'great traction' in enterprise business
NVDA

Hot Stocks

18:04 EST Nvidia CEO says Q4 will be much stronger driven by AI and inference - Says computational intensity is "so high" that, aside from computer graphics, only accelerators make the work loads possible. Comments taken from Q3 earnings conference call Q/A.
PPG...

Hot Stocks

17:49 EST Trian Fund exits PPG, cuts Wendy's in Q3 - Nelson Peltz' Trian Fund disclosed in an SEC filing its holdings as of September 30, 2019. Trian had no new buys in the third quarter. The firm exited one position during the quarter, which was PPG Industries (PPG). Trian increased its stake in four holdings, including by size of previous position Procter & Gamble (PG), Mondelez (MDLZ), Legg Mason (LM), and General Electric (GE). The firm reduced its stake in two holdings, including by size of previous position Wendy's (WEN) and Bank of New York Mellon (BK). Trian Fund's top holdings as of September 30, in order of size, were P&G, Sysco (SYY), Mondelez, General Electric, and Bank of New York Mellon.
NVDA

Hot Stocks

17:44 EST Nvidia CFO says Q3 decline in automotive revenue driven by one-time item - Says AI cockbit business grew. Says "remain exited" about long term opportunity in auto.
CPE...

Hot Stocks

17:44 EST Paulson adds Callon Petroleum, lowers stake in Lyft in Q3 - John Paulson's Paulson & Co. disclosed in an SEC filing its holdings as of September 30, 2019. Paulson's four new buys during the third quarter included, by size of position, Callon Petroleum (CPE), Presidio (PSDO), and Overseas Shipholding Group (OSG). The firm exited nine positions during the quarter, including Stewart Information (STC). Paulson increased its stake in eight holdings, including by size of previous position Allergan (AGN), Horizon Therapeutics (HZNP), Spark Therapeutics (ONCE), Mylan (MYL), and Sprint (S). The firm reduced its stake in nine holdings, including by size of previous position Lyft (LYFT), T-Mobile (TMUS), PG&E (PCG), WellCare Health Plans (WCG), and Tim Participacoes (TSU). Paulson's top holdings as of September 30, in order of size, were SPDR Gold Shares (GLD), Allergan, Bausch Health (BHC), Celgene (CELG), and Discovery Class C (DISCK).
NVDA GOOGL

Hot Stocks

17:39 EST Nvidia CFO says visibility in Data Center business is improving - Says Google neural networks and conversational AI efforts driving GPU demand. Says model complexity to increase exponentially from here. Says conversational AI is a major driver for GPU acceleration. Comments taken from Q3 earnings conference call.
T...

Hot Stocks

17:39 EST Elliott adds AT&T, exits FirstEnergy in Q3 - Paul Singer's Elliott Management disclosed in an SEC filing its holdings as of September 30, 2019. Elliott's four new buys included by size of position AT&T (T), Mobile Mini (MINI), Carbonite (CARB), and Cision (CISN). The firm exited 13 positions during the quarter, including by size of previous position FirstEnergy (FE), Health Care Select Sector SPDR Fund (XLV), DXC Technology (DXC), IShares iBoxx High Yield Corporate Bond ETF (HYG), and Macerich (MAC). Elliott increased its stake in seven holdings, including by size of previous position Marathon Petroleum (MPC), Vornado Realty Trust (VNO), Roadrunner Transportation Systems (RRTS), Dell Technologies (DELL), and CommScope (COMM). The firm reduced its stake in three holdings, including by size of previous position Hess (HES), Arconic (ARNC), and Opus Bank (OPB). Elliott's top holdings as of September 30, in order of size, were Arconic, Dell Technologies, Citrix Systems (CTXS), Marathon Petroleum, and Peabody Energy (BTU).
AMRN

Hot Stocks

17:37 EST Amarin: FDA committee votes 16-0 to recommend approval of Vascepa - Amarin announced that the Endocrinologic and Metabolic Drugs Advisory Committee of the U.S. FDA has voted unanimously (16-0) to recommend approval of an indication and label expansion for Vascepa capsules to reduce the risk of cardiovascular events in high-risk patients based on results from the landmark REDUCE-IT cardiovascular outcomes trial. The FDA is not bound by the recommendations of an advisory committee. Amarin plans to work with the agency as it completes its review of the company's application seeking an appropriate label expansion for Vascepa to reflect REDUCE-IT results.
NFLX...

Hot Stocks

17:32 EST Lone Pine adds Netflix, cuts Iqvia in Q3 - Stephen Mandel's Lone Pine Capital disclosed in an SEC filing its holdings as of September 30, 2019. The firm's eight new buys included, by size of position, Netflix (NFLX), Global Payments (GPN), Equifax (EFX), Humana (HUM), and Herbalife Nutrition (HLF). Lone Pine exited two holdings during the quarter, including by size of previous position Wynn Resorts (WYNN) and StoneCo (STNE). The firm increased its stake in 15 holdings, including by size of previous position Salesforce (CRM), Altassian (TEAM), Square (SQ), Alibaba (BABA), and Amazon (AMZN). Lone Pine reduced its stake in 13 holdings, including by size of previous position Iqvia (IQV), Union Pacific (UNP), DR Horton (DHI), Facebook (FB), and Canadian Pacific (CP). Lone Pine's top holdings as of September 30, in order of size, were Alibaba, Amazon, UnitedHealth (UNH), Adobe (ADBE), and Microsoft (MSFT).
RTN

Hot Stocks

17:30 EST Raytheon awarded $209.64M Navy contract for work on 361 NIINs - Raytheon was awarded $209.64M for a ceiling-priced, indefinite-delivery, performance-based logistics requirements contract for the repair, upgrade or replacement of 361 NIINs within two of the 13 major subsystems of the Aegis Weapon System: the MK99 fire control system and the Army Navy Joint Electronics Type Designation Systems Water/Surface Ship Radar Surveillance and Control Transmitter Group. This contract includes a five-year base period with no options. Work is expected to be completed by November 2024. Annual working capital funds in the amount of $34.29M will be issued for delivery order that will be awarded concurrently with the contract and will initially be obligated at the time of award as an undefinitized contract action with a commitment of $11.43M or a year's period of performance. Funds will not expire at the end of the current fiscal year. One firm was solicited for this non-competitive requirement under authority 10 U.S. Code 2304 and Federal Acquisition Regulation 6.302-1, with one offer received. Naval Supply Systems Command Weapon Systems Support is the contracting activity.
BAESY GD

Hot Stocks

17:27 EST BAE Systems, General Dynamics awarded $299.34M ceiling increase to Navy Orders - BAE Systems (BAESY) and General Dynamics (GD), are being awarded a $299.34M ceiling increase to the maximum potential cumulative total of orders for all firm-fixed price, indefinite-delivery/indefinite-quantity, multiple award contracts to $838.52M or complex emergent and continuous maintenance and Chief of Naval Operations availabilities on surface combatants class ships. Each contractor shall furnish the facilities and human resources capable of completing emergent and continuous maintenance, repair, modernization and Chief of Naval Operations availabilities on surface ships assigned to or visiting the port of San Diego, California. These companies will have the opportunity to offer on individual delivery orders. Work will be performed in San Diego, California, and is expected to be complete by March 2021. No funding is being obligated through this contract modification. The Naval Sea Systems Command is the contracting activity.
RYCEY

Hot Stocks

17:24 EST Rolls-Royce awarded $1.21B Navy contract in support of V-22 AE1107C engine - Rolls-Royce was awarded a $1.21B firm-fixed-price, indefinite-delivery/indefinite-quantity contract. This contract provides sustainment support of the V-22 AE1107C engine at various V-22 aircraft production, test and operating sites. Sustainment support includes program management, integrated logistics support, sustaining engineering, maintenance, repair, reliability improvements, configuration management and site support. Work will be performed in Indianapolis, Indiana, and various locations within and outside the continental U.S., and is expected to be completed in February 2025. No funds will be obligated at the time of award. Funds will be obligated on individual orders as they are issued. This contract was not competitively procured pursuant to 10 U.S. Code 2304. The Naval Air Systems Command is the contracting activity.
AGN...

Hot Stocks

17:22 EST Third Point exits Netflix position, adds to Burlington stake - Third Point LLC disclosed in an SEC filing its holdings as of September 30, 2019. Third Point's 11 new buys during the third quarter included, by size of position, Allergan (AGN), Fidelity National Information Services (FIS), Five Below (FIVE), HD Supply (HDS), and Zendesk (ZEN). Third Point exited 13 positions during the quarter, including by size of previous position, Marathon Petroleum (MPC), Netflix (NFLX), Ross Stores (ROST), Chemours (CC). Pinterest (PINS), and Twilio (TWLO). Third Point increased its stake in five holdings, including by size of previous position, Burlington Stores (BURL), Salesforce.com (CRM), and Iqvia (IQV). Third Point reduced its stake in nine holdings, including by size of previous position, Baxter (BAX), Fox Corp (FOXA), PayPal (PYPL), Adobe (ADBE), and Boston Scientific (BSX). Third Point's top holdings as of September 30, in order of size, were Baxter, United Technologies (UTX), Campbell Soup (CPB), Allergan, and Danaher (DHR).
RDNT...

Hot Stocks

17:18 EST RadNet to replace Gannett in S&P 600 at open on 11/20 - New Media Investment Group (NEWM) is acquiring Gannett (GCI) in a transaction expected to be completed soon pending final conditions.
CREX

Hot Stocks

17:17 EST Creative Realities changes auditor to Deloitte & Touche from EisnerAmper - On November 6, 2019, Creative Realities engaged Deloitte & Touche LLP as the company's new independent registered public accounting firm to audit its financial statements commencing fiscal year 2020, subject to Deloitte's completion of its customary client acceptance procedures, which the company expects to be completed shortly. Concurrent with the decision, the company's Audit Committee and the Board of Directors dismissed EisnerAmper LLP as the company's independent registered public accounting firm in connection with auditing the company's financial statements commencing fiscal year 2020. The company has authorized Eisner to respond fully to the inquiries of the successor auditors.
WPM

Hot Stocks

17:15 EST Wheaton Precious Metals raises 2019 gold production to about 390,000 ounces - Prior view was 365,000 ounces. "Wheaton is updating production guidance for 2019, with estimated attributable gold production being increased to approximately 390,000 ounces due to continued outperformance primarily from the Salobo mine, while estimated attributable silver production has been adjusted to approximately 21 million ounces to reflect production interruptions at the Penasquito mine. Forecast palladium production in 2019 remains unchanged at approximately 22,000 ounces. For the five-year period ending in 2023, the company continues to estimate that average annual gold equivalent production will amount to 750,000 ounces."
V

Hot Stocks

17:13 EST Visa confirms FTC investigation over debit transactions - In a regulatory filing, Visa confirmed that on November 4, 2019, the Bureau of Competition of the United States Federal Trade Commission requested that Visa provide, on a voluntary basis, documents and information for an investigation as to whether Visa's actions inhibited merchant choice in the selection of debit payments networks in potential violation of the Durbin Amendment to the Dodd-Frank Wall Street Reform and Consumer Protection Act. Visa is cooperating with the Bureau, it said.
ADP...

Hot Stocks

17:11 EST Pershing Square exits stake in ADP, cuts stakes in Hilton, Chipotle - Bill Ackman's Pershing Square Capital Management disclosed in an SEC filing its holdings as of September 30, 2019. Pershing Square exited one position during the third quarter, ADP (ADP). Pershing Square increased its stake in one holding, Berkshire Hathaway (BRK.B). Pershing Square reduced its stake in four holdings, including by size of previous position, Hilton (HLT), Restaurant Brands (QSR), Lowe's (LOW), and Chipotle Mexican Grill (CMG). Pershing Square's top holdings as of September 30, in order of size, were Chipotle, Restaurant Brands, Hilton, Lowe's, and Berkshire Hathaway.
FTCH

Hot Stocks

17:09 EST Farfetch up over 18% at $8.85 per share after Q3 earnings beat
ACB

Hot Stocks

17:06 EST Aurora Cannabis reports Q1 production volume up 43% from Q4 at 41.4K kg - CEO Terry Booth says: "Despite short term distribution and regulatory headwinds in Canada that have temporarily impacted the industry, the long-term opportunity for Aurora in the global cannabis and cannabinoids market is immens. Aurora has, and will continue to focus on everything in our control. Our success in doing this was demonstrated again this quarter by continued strong improvement in our core KPIs. We delivered solid operating results this quarter, exemplified by our industry-leading cash cost to produce which declined another 25% to $0.85 per gram this quarter, as well as by our industry-leading gross margins and market share."
OXY...

Hot Stocks

17:03 EST Berkshire Hathaway takes position in RH, lowers stake in Apple - Warren Buffett's Berkshire Hathaway disclosed in an SEC filing its holdings as of September 30, 2019. Berkshire Hathaway's two new buys during the third quarter included, by size of position, Occidental Petroleum (OXY) and RH (RH). Berkshire Hathaway reduced its stake in four holdings, including by size of previous position, Wells Fargo (WFC), Phillips 66 (PSX), Sirius XM (SIRI), and Apple (AAPL). Berkshire Hathaway's top holdings as of September 30, in order of size, were Apple, Bank of America (BAC), Coca-Cola (KO), Wells Fargo, and American Express (AXP).
CPG

Hot Stocks

17:02 EST Crescent Point Energy to sell Sasketchewan gas infrastructure assets for $500M - Crescent Point Energy Corp. announced that it has entered into a definitive agreement to sell certain associated gas infrastructure assets in Saskatchewan to Steel Reef Infrastructure Corp. for total cash consideration of $500M. Through the sale of the Assets, Crescent Point will monetize nine natural gas gathering and processing facilities and two gas sales pipelines currently in operation within Saskatchewan. These gas processing facilities and associated sales gas lines have a total throughput capacity of more than 90 MMcf/d. The Assets do not include any oil-related infrastructure. Under the terms of the Agreement, the Company will enter into certain long-term take-or-pay commitments with Steel Reef in exchange for Steel Reef granting Crescent Point processing rights at the facilities. The expected annual cash flow to the Purchaser is estimated at approximately $47 million, excluding cash flow from third parties. Steel Reef, an established midstream company with other gas processing assets in Saskatchewan and a strong track record of environmental, health and safety performance, will operate the Assets. As part of the Agreement, Steel Reef has committed to fund an upcoming 12 MMcf/d expansion of one of the gas processing facilities, reducing the need for capital that would otherwise be required by Crescent Point. Steel Reef's cost to construct this expansion is estimated to be approximately $30M, which will be in addition to the purchase price of $500M. This facility expansion is expected to begin in 2020 and be completed within approximately 12 to 18 months following closing of the Asset sale. The expansion is expected to further enhance sales volumes while also reducing the facility's emissions intensity. Crescent Point's disciplined capital allocation is centered on returns with a priority on continued balance sheet strength. Upon closing of the sale of the Assets, the Company expects that its net debt will be reduced from approximately $2.8 billion at year-end 2019 to approximately $2.3 billion while also reducing Crescent Point's net debt to adjusted funds flow ratio by approximately 0.3 times. The Company continues to retain significant liquidity and unutilized credit capacity with no material near-term debt maturities. Crescent Point currently expects to allocate approximately $50 million of proceeds from this disposition for additional share repurchases subsequent to closing and subject to market conditions. Given the anticipated timing for closing of the sale of the Assets in first quarter 2020, the Company's 2019 budget continues to assume a total of approximately $125 million of share repurchases. Crescent Point continues to be active in achieving this 2019 target and has repurchased, for cancellation, approximately 16.3 million shares year-to-date 2019 for total consideration of approximately $83 million, up to and including November 13, 2019.
VVV

Hot Stocks

17:00 EST Valvoline raises quarterly dividend 7% to 11.3c per share - Valvoline announced that its board of directors increased the quarterly cash dividend on the company's common stock by nearly 7% to 11.3c per share. The quarterly dividend will be payable on Dec.16, 2019, to shareholders of record as of the close of business on Nov. 29, 2019.
SYY

Hot Stocks

17:00 EST Sysco raises quarterly diviend to 45c from 39c per share - The new dividend is payable on Jan. 24, 2020, to common stockholders of record at the close of business on Jan. 3, 2020.
NGVC

Hot Stocks

16:57 EST Natural Grocers issues recall on organic soybeans due to mold - Cottage Natural Food Markets is recalling Natural Grocers brand 2-pound organic soybeans because they have the potential to contain mold. Consumers who may have purchased this product are advised to discontinue use and either throw it away or return it to the store for credit or refund. The recalled product is packaged in clear plastic bags weighing 2 pounds and bearing the "Natural Grocers" label. Only packages bearing 19-168 and 19-205 as the packed-on dates are subject to recall. The packed-on date can be found in the bottom left-hand corner of the label. The potential for contamination was noted after routine testing by the company revealed the presence of mold.
NBSE...

Hot Stocks

16:51 EST Greenlight raises stake in Brighthouse, cuts stake in Dillard's - David Einhorn's Greenlight Capital disclosed in an SEC filing its holdings as of September 30, 2019. Greenlight's one new buy during the third quarter was NeuBase Therapeutics (NBSE). Greenlight exited four positions during the quarter, including by size of previous position, Hilton Grand Vacations (HGV), KAR Auction Services (KAR), Valaris (VAL), and Cars.com (CARS). Greenlight increased its stake in four holdings, including by size of previous position, Brighthouse Financial (BHF), Chemours (CC), General Motors (GM), and Adient (ADNT). Greenlight reduced its stake in one holding, Dillard's (DDS). Greenlight's top holdings as of September 30, in order of size, were Green Brick (GRBK), General Motors, AerCap (AER), Brighthouse, and Chemours.
BGNE

Hot Stocks

16:50 EST BeiGene trading resumes
AWK

Hot Stocks

16:47 EST Pennsylvania American Water to acquire Kane Authority wastewater assets - Pennsylvania American Water, a subsidiary of American Water, announced that it has signed an agreement to acquire the wastewater assets of the Borough of Kane Authority in McKean County for approximately $17.5M. The Authority's wastewater system serves nearly 2,100 customers in Kane Borough and Wetmore Township.
RH

Hot Stocks

16:41 EST RH jumps 6% to $186.56 after Berkshire bought 1.21M shares in Q3
PTON...

Hot Stocks

16:41 EST Soros adds to Celgene position, lowers Caesars stake, exits Disney - George Soros' Soros Fund Management disclosed in an SEC filing its holdings as of September 30, 2019. Soros' 28 new buys during the third quarter included, by size of position, Peloton (PTON), Alcon (ALC), Ally Financial (ALLY), and Owl Rock Capital (ORCC). Soros exited 33 positions during the quarter, including by size of previous position, Disney (DIS), Vulcan Materials (VMC), and Conagra Brands (CAG). Soros increased its stake in 20 holdings, including by size of previous position, Celgene (CELG), Edgewell Personal Care (EPC), Vistra Energy (VST), Annaly Capital (NLY), and Citigroup (C). Soros reduced its stake in 22 holdings, including by size of previous position, Caesars Entertainment (CZR), Vici Properties (VICI), Morgan Stanley (MS), Archer-Daniels-Midland (ADM), and Liberty Broadband (LBRDK). Soros' top holdings as of September 30, in order of size, were Liberty Broadband, Vici Properties, Caesars Entertainment, Celgene, and Alphabet (GOOGL).
RH OXY

Hot Stocks

16:40 EST Buffett's Berkshire added stakes in RH, Occidental Petroleum during Q3
OLBK WSBC

Hot Stocks

16:31 EST Old Line Bancshares, WesBanco announce regulatory approval for merger - WesBanco (WSBC) and Old Line Bancshares (OLBK) jointly announced that they have received all necessary regulatory approvals for the pending merger between WesBanco and Old Line whereby WesBanco will acquire Old Line. On October 29, the stockholders of Old Line and the shareholders of WesBanco each approved the transaction at their respective special meetings. WesBanco and Old Line expect that the closing of the merger will occur on or about November 22, although completion of the merger remains subject to the satisfaction of customary closing conditions.
AGRX

Hot Stocks

16:31 EST Agile Therapeutics announces FDA extension of Twirla NDA review period - Agile Therapeutics announced that the U.S. Food and Drug Administration has extended the Prescription Drug User Fee Act goal date for its review of the New Drug Application of Twirla transdermal system, an investigational combined hormonal contraceptive patch, from November 16, 2019 to February 16, 2020. On October 30, 2019, the FDA's Bone, Reproductive, and Urologic Drugs Advisory Committee met to discuss the benefits and risks of Twirla and voted 14 to 1, with one abstention, that the benefits of Twirla in the prevention of pregnancy outweigh the risks to support approval. Although the FDA considers the non-binding recommendation of this panel, the final decision regarding the approval of the product is made by the FDA alone.
WSBC OLBK

Hot Stocks

16:31 EST WesBanco, Old Line announce approval of merger - WesBanc (WSBC) and Old Line Bancshares (OLBK), the parent company of Old Line Bank, a Maryland-chartered trust company with the powers of a commercial bank, jointly announced today that they have received all necessary regulatory approvals for the pending merger between WesBanco and Old Line whereby WesBanco will acquire Old Line. On October 29, 2019, the stockholders of Old Line and the shareholders of WesBanco each approved the transaction at their respective special meetings. WesBanco and Old Line expect that the closing of the merger will occur on or about November 22, 2019, although completion of the merger remains subject to the satisfaction of customary closing conditions.
BABA...

Hot Stocks

16:29 EST Appaloosa increases stake in Alphabet, lowers stake in UnitedHealth - David Tepper's Appaloosa Management disclosed in an SEC filing its holdings as of September 30, 2019. Appaloosa's four new buys during the third quarter included, by size of position, Alibaba (BABA), Broadcom (AVGO), and Boeing (BA). Appaloosa exited three positions during the quarter, including by size of previous position, Intelsat (I) and Centene (CNC). Appaloosa increased its stake in seven holdings, including by size of previous position, Alphabet (GOOG), Micron (MU), Facebook (FB), Amazon (AMZN), and Adobe (ADBE). Appaloosa reduced its stake in six holdings, including by size of previous position, UnitedHealth (UNH), Humana (HUM), Mr Cooper (COOP), and Clearway Energy (CWEN). Appaloosa's top holdings as of September 30, in order of size, were Alphabet, Facebook, Amazon, Micron, and Allergan (AGN).
CNO

Hot Stocks

16:28 EST CNO Financial announces additional $500 share repurchase program - CNO Financial announced that its board of directors has approved an additional $500M to repurchase the company's outstanding common stock. As of September 30, CNO had repurchased $177.3M of common stock in 2019 and had remaining repurchase capacity under the buyback program of approximately $107M.
NVDA

Hot Stocks

16:27 EST Nvidia expects 'strong' sequential Data Center growth in Q4 - The company states: "We expect strong sequential growth in Data Center, offset by a seasonal decline in GeForce notebook GPUs and SoC modules for gaming platforms."
NVDA

Hot Stocks

16:26 EST Nvidia reports Q4 Gaming segment revenue $1.66B, down 6% from last year - Reports Q4 Data Center segment revenue $726M, down 8% from last year. Tegra Processor business revenue, which includes Automotive, SoC modules for gaming platforms, and embedded edge AI platforms, - was $449M, up 10% from a year ago and down 5% sequentially.
BGNE

Hot Stocks

16:23 EST BeiGene says FDA grants accelerated approval for BRUKINSA - BeiGene announced that BRUKINSA has received accelerated approval from the United States FDA as a treatment for mantle cell lymphoma in adult patients who have received at least one prior therapy. BRUKINSA is the first BeiGene-discovered product to be approved, an important milestone toward the company's goal of transforming treatment for cancer patients around the world. This accelerated approval is based on overall response rate. Continued approval for this indication may be contingent upon verification and description of clinical benefit in a confirmatory trial.
BOX...

Hot Stocks

16:22 EST Starboard adds 7M shares of Box in Q3, exits Cars.com and Dollar Tree - Jeffrey Smith's Starboard Value disclosed in a regulatory filing its holdings as of September 30, 2019. Starboard made one new buys in the quarter: 6.97M shares of Box (BOX). The fund exited five positions during the quarter: Cars.com (CARS), Dollar Tree (DLTR), Marvell Technology (MRVL), Natus Medical (NTUS) and KAR Auction (KAR). Starboard increased its stake in three holdings: NortonLifeLock (NLOK), Aecom (ACM) and Cerner (CERN). The fund reduced its stake in six holdings, including by size, Perrigo (PRGO), Advance Auto Parts (AAP), RPM International (RPM), eBay (EBAY) and comScore (SCOR). Starboard's top holdings as of September 30, in order of size, were NortonLifeLock, Advance Auto Parts, Perrigo, Cerner and iShares Russell 2000 Value Index (IWN).
NVDA

Hot Stocks

16:22 EST Nvidia to return to stock buybacks after closing Mellanox deal in early FY20 - The company states: "The company will return to repurchasing its stock after closing the acquisition of Mellanox Technologies, Ltd. Although discussions with the European Union and China regulatory bodies are progressing and closing the acquisition is possible by the end of this calendar year, the company believes the closing will likely occur in the early part of calendar 2020."
NVDA

Hot Stocks

16:21 EST Nvidia CEO says gaming business and hyperscale demand powered Q3 results - CEO Jensen Huang says: "Our gaming business and demand from hyperscale customers powered Q3's results. The realism of computer graphics is taking a giant leap forward with NVIDIA RTX. This quarter, we have laid the foundation for where AI will ultimately make the greatest impact. We extended our reach beyond the cloud, to the edge, where GPU-accelerated 5G, AI and IoT will revolutionize the world's largest industries. We see strong data center growth ahead, driven by the rise of conversational AI and inference."
UVE

Hot Stocks

16:21 EST Universal Insurance declares regular, special cash dividend - Universal Insurance announced that its Board of Directors has declared a quarterly regular and special cash dividend, together totaling 29c per share of common stock, payable December 20 to shareholders of record as of the close of business on December 13. The 29c per share dividend consists of a regular quarterly cash dividend of 16c per share and a special cash dividend of 13c per share, bringing the total regular and special dividends declared in 2019 to 77c per share.
RH

Hot Stocks

16:19 EST RH up 7% in afterhours trading after Buffett's Berkshire discloses stake
NKE

Hot Stocks

16:17 EST Nike raises quarterly dividend to 24.5c from 22c per share - The dividend declared today is payable on January 2, 2020 to shareholders of record at the close of business December 2, 2019.
GIFI

Hot Stocks

16:16 EST Gulf Island Fabrication board Chairman Jack Laborde to step down - Gulf Island Fabrication announced that Jack Laborde has informed the board of his intention to step down as Chairman of the Board following the 2020 annual shareholders' meeting. As set forth in the company's corporate governance guidelines, the corporate governance and nominating committee will review and recommend a new Chairman for the Board of Directors to consider.
RH...

Hot Stocks

16:15 EST Warren Buffet's Berkshire Hathaway takes stake in RH - The stake in RH was revealed in the investor's quarterly 13F filing with the SEC.
HPQ...

Hot Stocks

16:15 EST Icahn bought 62.9M shares of HP, 54.8M shares of Cloudera in Q3 - Carl Icahn disclosed in a regulatory filing his holdings as of September 30, 2019. Icahn made two new buys in the third quarter: 62.9M shares of HP Inc. (HPQ) and 54.8M shares of Cloudera (CLDR). Icahn increased his holdings in four names: Hertz (HTZ), Caesars (CZR), Conduent (CNDT) and Icahn Enterprises (IEP). He decreased his holdings in three names: Occidental Petroleum (OXY), Cheniere Energy (LNG) and Freeport McMoRan (FCX). Icahn's top five holdings as of September 30 were Icahn Enterprises, CVR Energy (CVI), Herbalife Nutrition (HLF), Caesars and Cheniere Energy.
SNNA

Hot Stocks

16:13 EST Sienna announces court approval of Chapter 11 bidding procedures - Sienna Biopharmaceuticals announced that, on November 13, the United States Bankruptcy Court for the District of Delaware entered an order approving Sienna's proposed bidding procedures and Chapter 11 sale process timeline. Under the Bidding Procedures Order, all bids to acquire all or substantially all of the company's assets, are due to Cowen and Company on or before December 2. The Bidding Procedures Order sets forth various criteria that must be satisfied for a bid to be qualified and, among other things, sets forth procedures pursuant to which Sienna may select one or more "stalking horse bidders". The Bidding Procedures Order also schedules an auction of the company's assets on December 5 and a hearing to consider approval of any sale on December 10. In the interim, Sienna continues to manage and operate its business under the jurisdiction of the Court and in accordance with the applicable provisions of the Bankruptcy Code. Sienna has retained Latham & Watkins as legal counsel and Cowen and Company as its investment bank to review financial and strategic alternatives with the goal of maximizing stakeholder value.
NGVC

Hot Stocks

16:11 EST Natural Grocers announces initial dividend of 7c per share - To be paid on December 17 to all stockholders of record at the close of business on December 2.
TRVI

Hot Stocks

16:11 EST Trevi Therapeutics reports Q3 net loss $7.37M - As of September 30, Trevi reported total cash and cash equivalents of $63.5M compared to $7.2M as of December 31, 2018. Trevi believes this cash position will be sufficient to fund operations through at least the end of Q1 of 2021.
RPAY

Hot Stocks

16:09 EST Repay Holdings reports Q3 card payment volume up 40% at $2.6B - Q3 adjusted EBITDA was $11.9M, up 29% from last year.
LASR

Hot Stocks

16:09 EST nLight completes acquisition of Nutronics - nLIGHT announced the completion of the acquisition of privately held Nutronics, Inc. for $17.5M in cash and $15.8M of restricted stock units that will be issued as part of ongoing employment agreements. The acquisition of Nutronics is projected to add between $25M-$40M to nLIGHT's 2020 revenues. The transaction was funded through cash on nLIGHT's balance sheet.
ASND

Hot Stocks

16:08 EST Ascendis Pharma announces protocal addendum to expand PaTH Forward trial - Ascendis Pharma announced a protocol addendum designed to facilitate enrollment of subjects previously treated with Natpara or injection in the United States in PaTH Forward, a global phase 2 trial evaluating the safety, tolerability and efficacy of TransCon PTH in adult subjects with hypoparathyroidism, or HP. TransCon PTH is an investigational long-acting prodrug of parathyroid hormone in development as a potential once-daily replacement therapy for HP. Previously, patients treated with Natpara were required to undergo a long washout period prior to entering screening in PaTH Forward. In response to the recent recall of Natpara in the U.S. Ascendis has been evaluating pathways to help enroll patients affected by the recall. Under the protocol addendum, patients previously treated with Natpara in the U.S. will now have an expedited pathway to enroll in PaTH Forward. As a result, the company expects to exceed targeted enrollment of 40 subjects in the trial.
TCDA

Hot Stocks

16:06 EST Tricida announces NDA acceptance for Veverimer - Tricida announced that the FDA has accepted for review its New Drug Application for veverimer under the Accelerated Approval Program. In its correspondence, FDA also stated that no filing review issues were identified. The FDA has assigned a Prescription Drug User Fee Act, or PDUFA, goal date of August 22, 2020 and indicated that it is currently planning to hold a Cardiovascular and Renal Drugs Advisory Committee meeting to discuss the application. The NDA submission is supported by data from Tricida's successful Phase 3 clinical trials that were recently published in back-to-back publications in The Lancet in March 2019 and June 2019.
ONCT

Hot Stocks

16:04 EST Oncternal Therapeutics presents dnterim data on TK216 in Ewing Sarcoma patients - Oncternal Therapeutics announced the presentation of interim clinical data from its ongoing Phase 1 clinical trial evaluating TK216, a first-in-class, targeted, investigational small-molecule inhibitor of the E26 transformation-specific family of oncoproteins, in patients with relapsed or refractory Ewing sarcoma. Paul A. Meyers, M.D., Chief, Pediatric Sarcoma Service and Vice Chair for Clinical Affairs of Memorial Sloan Kettering Cancer Center, reported at the Connective Tissue Oncology Society 2019 Annual Meeting in Tokyo, Japan that one of two patients treated in the current, highest exposure dose cohort of Study TK216-01 is without evidence of Ewing sarcoma after eight months on study, and has tolerated treatments with TK216 alone or combined with vincristine well. One of two patients treated at the current, highest exposure dose regimen has experienced a deep and sustained clinical response to TK216. Multiple lung nodules regressed following two cycles of TK216 alone. After six months of treatment that included concomitant vincristine starting in the third cycle, a single 7 mm lung nodule was resected, resulting in a surgical complete remission. The patient remains with no evidence of disease after eight months of treatment. TK216, with or without vincristine, has been well tolerated by this patient, with only minimal myelosuppression. Clinical pharmacology data suggest that this dosing regimen may result in drug levels that meet or exceed those that killed tumor cells in vitro and inhibited tumor growth in animal models. "We are encouraged by this first reported deep and sustained clinical response to TK216 in a patient with Ewing sarcoma in the dose-finding portion of our clinical trial and look forward to further evaluating the recommended Phase 2 dose regimen of TK216 in a larger number of patients with this devastating disease," said James Breitmeyer, M.D., Ph.D., Oncternal's President and CEO. "This first-in-class investigational agent may also be applicable in other malignancies driven by ETS alterations including AML and prostate cancer, which we continue to explore in preclinical studies."
ALK

Hot Stocks

16:01 EST Alaska Air reports combined October traffic up 3.4%, capacity up 3.6% - Load factor decreased 0.1 points to 83.7%.
TROW

Hot Stocks

15:57 EST T. Rowe Price reports preliminary approval from SEC for 'semi-transparent' ETFs - The Securities and Exchange Commission has granted preliminary exemptive relief to T. Rowe Price to offer semi-transparent exchange-traded funds, or ETFs, the company announced. " The relief paves the way for T. Rowe Price to bring to market ETFs that employ the firm's successful, longstanding actively managed investment approach. T. Rowe Price has been engaged in constructive dialogue with the SEC about the potential launch of semi-transparent active ETFs for several years and first filed for exemptive relief in 2013. While the preliminary SEC approval clears an important hurdle toward T. Rowe Price offering ETFs, additional regulatory steps must take place before the firm can launch any ETFs. T. Rowe Price is still determining which investment strategies may be available as semi-transparent ETFs, though it will begin by offering certain U.S. equity strategies. The semi-transparent structure, which is an alternative to the daily portfolio disclosure structure used by conventional transparent ETFs, would allow T. Rowe Price to deliver its active strategies in an ETF wrapper without disclosing information that could be harmful to the interests of fund shareholders," T. Rowe stated.
MJ...

Hot Stocks

15:50 EST Pot stocks 'up in smoke' after latest earnings casualty Canopy Growth - Shares of marijuana stocks are falling after another Canadian pot company reported quarterly results that disappointed investors. In its quarterly report, Canopy Growth (CGC), considered one of the leaders in the sector, reported net revenue of almost C$77M, 15% lower than the almost C$91M reported last quarter. CANNABIS DISAPPOINTMENT: In a report out earlier this week, Bill Kirk of MKM Partners said he sees today to be "book ended with cannabis disappointment." Kirk was referring to Thursday as a day that two significant marijuana companies report quarterly results. Canopy reported before the market open and is down significantly heading into the close. Aurora (ACB) results are expected after the bell tonight. The MKM analyst said in his note that he doesn't think either company will show meaningful top-line improvement due to inventory held leading to prices falling. Kirk added that "Aurora is unlikely to be EBITDA positive by June 2020 as consensus expects." Canopy Growth's CEO Mark Zekulin confirmed MKM's inventory concerns. "The last two quarters have been challenging for the Canadian cannabis sector as provinces have reduced purchases to lower inventory levels, retail store openings have fallen short of expectations, and Cannabis 2.0 products are yet to come to market." PRICE ACTION: Canopy Growth is trading 13.4% lower in afternoon trading to just over $16.00 per share. OTHER MARIJUANA RELATED STOCKS: Shares of other marijuana-related names are all lower in the final hour, including ETFMG Alternative Harvest (MJ), Tilray (TLRY), Aphria (APHA), Hexo (HEXO) Constellation Brands (STZ), and Scotts Miracle-Gro (SMG).
THMO KOOL

Hot Stocks

15:49 EST ThermoGenesis postpones Q3 earnings release and call to Nov. 19 - ThermoGenesis Holdings (THMO), formerly known as Cesca Therapeutics (KOOL), announced it will delay its third quarter ended September 30, 2019 earnings release and subsequent earnings conference call, previously scheduled for today to Tuesday, November 19, 2019. A conference call and webcast will follow at 4:30 pm ET. The company will file a Form 12B-25 with the Securities Exchange Commission to extend its filing deadline for five calendar days until Tuesday, November 19, 2019 for its 10-Q third quarter report. "The delay in filing is to allow for additional time to address complex accounting issues, including the completion of a third-party valuation related to the convertible note issued by the company in the quarter ended September 30," the company stated.
EA MSFT

Hot Stocks

15:45 EST EA's 'Madden NFL 20' available on Microsoft's xCloud preview today - A representative from Electronic Arts (EA) said that "Madden NFL 20" is available starting today on Microsoft's (MSFT) Project xCloud preview for mobile. Microsoft also announced that in 2020 it will bring game streaming to Xbox Game Pass.
MSFT

Hot Stocks

15:40 EST Microsoft says Project xCloud preview coming to Windows 10 users in 2020 - Microsoft said in its Inside Xbox event livestream that a preview for its Project xCloud streaming service will be available for Windows 10 users in 2020. The company also said Project xCloud on PC will be compatible with multiple different kinds of controller.
BGNE

Hot Stocks

15:35 EST BeiGene trading halted, news pending
MIK

Hot Stocks

15:33 EST Michaels announces three executive leadership team changes - The Michaels Companies announced changes in its executive leadership team. Vidya Jwala has been appointed to the newly created role of Chief Customer Officer, Scott Lindblom has been promoted to executive VP - Chief Information Officer, and Holly Shaskey-Platek has been promoted to executive VP - Chief Human Resources Officer. Jwala comes to Michaels from Dick's Sporting Goods, where he was the Chief eCommerce and Supply Chain Officer. Lindblom has been with Michaels for 5 years, most recently serving as Senior Vice President - CIO. Shaskey-Platek has been with The Michaels Companies since 2017, when she joined as Senior Vice President - Merchandise Operations and subsequently served as Senior Vice President - Human Resources.
BGNE

Hot Stocks

15:32 EST FDA grants accelerated approval to BeiGene's Brukinsa capsules - The U.S. Food and Drug Administration granted accelerated approval to Brukinsa capsules for the treatment of adult patients with mantle cell lymphoma who have received at least one prior therapy. Further clinical trials may be required to verify and describe Brukinsa's clinical benefit. The FDA granted approval of Brukinsa to BeiGene USA Inc. Reference Link
MJ...

Hot Stocks

15:21 EST Pot stocks 'up in smoke' after latest earnings casualty Cronos Group - Shares of marijuana stocks are falling after another Canadian pot company reported quarterly results that disappointed investors. In its quarterly report, Canopy Growth (CGC), considered one of the leaders in the sector, reported net revenue of almost C$77M, 15% lower than the almost C$91M reported last quarter. CANNABIS DISAPPOINTMENT: In a report out earlier this week, Bill Kirk of MKM Partners said he sees today to be "book ended with cannabis disappointment." Kirk was referring to Thursday as a day that two significant marijuana companies report quarterly results. Canopy reported before the market open and is down significantly heading into the close. Aurora (ACB) results are expected after the bell tonight. The MKM analyst said in his note that he doesn't think either company will show meaningful top-line improvement due to inventory held leading to prices falling. Kirk added that "Aurora is unlikely to be EBITDA positive by June 2020 as consensus expects." Canopy Growth's CEO Mark Zekulin confirmed MKM's inventory concerns. "The last two quarters have been challenging for the Canadian cannabis sector as provinces have reduced purchases to lower inventory levels, retail store openings have fallen short of expectations, and Cannabis 2.0 products are yet to come to market." PRICE ACTION: Canopy Growth is trading 13.4% lower in afternoon trading to just over $16.00 per share. OTHER MARIJUANA RELATED STOCKS: Shares of other marijuana-related names are all lower in the final hour, including ETFMG Alternative Harvest (MJ), Tilray (TLRY), Aphria (APHA), Hexo (HEXO) Constellation Brands (STZ), and Scotts Miracle-Gro (SMG).
ETSY

Hot Stocks

14:31 EST Etsy says site issues have been resolved - In an update posted to its "etsystatus.com" website, Etsy stated that site issues it had been investigating have been resolved as of 19:17 UTC. Reference Link
F

Hot Stocks

14:28 EST Ford names new all-electric SUV the Mustang Mach-E - Ford said that its all-new, all-electric SUV will don the iconic pony badge and the name Mustang Mach-E when reservations for the vehicle open after it is revealed this Sunday. The all-electric Mustang Mach-E will make its debut Nov. 17 at an event in Los Angeles that will be streamed on YouTube, Facebook, Twitter and Autohome. Special guest, actor Idris Elba, will help introduce the latest addition to the Mustang family. Reservations for the vehicle will open immediately following the broadcast.
TPCO...

Hot Stocks

14:27 EST Tribune Publishing up 4% amid report of McClatchy merger talks - Shares of Tribune Publishing Company (TPCO) are up 4% in afternoon trading after Ken Doctor of NiemanLab reported, citing "several sources," that executives at McClatchy (MNI) and Tribune are talking about merging their two companies. However, a deal is not likely imminent, added Doctor. Meanwhile, Gannett (GCI) and GateHouse have been raising their estimates of potential cost-savings from their own "megamerger" and now see potential for savings of $400M or more, Doctor said in his report. In afternoon trading following its publication, Tribune Publishing shares are up 39c, or 4%, to $9.98 while McClatchy shares are down 20c, or 9%, to $2.08. Reference Link
NLSN GIS

Hot Stocks

14:07 EST Nielsen announces expanded analytic relationship with General Mills - Nielsen (NLSN) announced details around its "growing" analytic relationship with General Mills (GIS), stating that General Mills will "advance its analytic cogency through Nielsen's new Connect platform within the U.S. and will expand its international service engagements within key global markets."
UFPT

Hot Stocks

14:05 EST UFP Technologies director Thomas Oberdorf sells over $316K in company stock - UFP Technologies director Thomas Oberdorf disclosed in a filing that he had sold 7,246 shares of company stock at an average price of $43.71 per share between November 12 and November 13. The total transaction value of the sale was $316,709.
MSI

Hot Stocks

14:01 EST Motorola Solutions increases quarterly dividend 12% - Motorola Solutions announced that its board has increased its regular quarterly dividend by 12% to 64c per share. The next quarterly dividend will be payable in cash on January 15, 2020, to shareholders of record at the close of business on December 13, 2019.
NEWR...

Hot Stocks

13:46 EST Tiger Global adds New Relic, Wayfair and Beyond Meat during Q3 - Chase Coleman's Tiger Global Management disclosed in a regulatory filing its holdings as of September 30, 2019. Tiger made 13 new buys during the third quarter, including by size of position, New Relic (NEWR), Wayfair (W), Anaplan (PLAN), Slack Technologies (WORK) and Beyond Meat (BYND). The fund exited three positions in the quarter, including Pivotal Software (PVTL) and Luckin Coffee (LK). Tiger increased its stake in 11 positions, including by size, Alibaba (BABA), Facebook (FB), Carvana (CVNA), Sunrun (RUN) and RingCentral (RNG). The fund reduced its stake in five holdings: Fiat Chrysler (FCAU), SurveyMonkey (SVMK), Spotify (SPOT), StoneCo (STNE) and Redfin (RDFN). Tiger's top holdings as of September 30, in order of size, were Fiat Chrysler, SurveyMonkey, Spotify, StoneCo and Redfin.
DF

Hot Stocks

13:32 EST Dean Foods receives court approval of 'first day' motions to support operations - Dean Foods announced that it has received approvals from the U.S. Bankruptcy Court for the Southern District of Texas for the "First Day" motions related to the company's voluntary Chapter 11 petitions filed on November 12, 2019. The Court granted Dean Foods interim approval to access up to $475M of the $850M in committed debtor-in-possession financing from certain of its existing lenders, which along with cash on hand and operating cash flows is expected to be sufficient to support the company's continued operations during this process. Among other things, the Court has authorized the company to continue paying employee wages and benefits without interruption and making payments to suppliers and vendors in full under normal terms for goods and services provided on or after November 12, 2019. Eric Beringause, President and CEO of Dean Foods, said, "We appreciate the swift action by the Court to approve these motions, which will enable us to continue operating as normal. As we move through this process, we remain focused on providing customers with wholesome, great-tasting dairy products and the highest levels of quality, service and value. I would also like to thank our employees, customers, dairy providers, lenders and other partners for their continued support."
GOOG GOOGL

Hot Stocks

13:20 EST Google to no longer include contextual content categories in ad bid requests - Alphabet's Google said in a blog post that it will now be taking an additional step to further guard user privacy. Following its engagement with data protection authorities, the company has decided that beginning in February 2020 it will no longer include contextual content categories in the bid requests it sends to buyers participating in its auction. Content categories are descriptions of the type of content on a specific page, website or app. For example, these categories may indicate whether the content is about news or weather, and are intended to provide contextual information to advertisers about the site or app where the impression may appear. They help advertisers avoid showing ads on certain types of content that aren't suitable for their brands, or as a way for advertisers to identify types of content where they do want to serve ads. "While we already prohibit advertisers from using our services to build user profiles around sensitive categories, this change will help avoid the risk that any participant in our auctions is able to associate individual ad identifiers with Google's contextual content categories," the company said. "We'll also update our EU User Consent Policy audit program for publishers and advertisers, as well as our audits for the Authorized Buyers program. And we will continue to engage with data protection authorities, including the Irish Data Protection Commission as they continue their investigation into data protection practices in the context of Authorized Buyers." Reference Link
MDU

Hot Stocks

13:02 EST MDU Resources increases quarterly dividend - The MDU Resources Group board increased the company's quarterly common stock dividend to 20.75c per share, for an annualized dividend of 83c per share. The previous quarterly dividend was 20.25c per share. The quarterly dividends are payable January 1, 2020, to stockholders of record December 12, 2019.
ALIM

Hot Stocks

12:46 EST Alimera says stock to begin trading on post-reverse split basis on Nov. 15 - Alimera Sciences announces that it has filed a certificate of amendment to its restated certificate with the Secretary of State of the State of Delaware that will effect the previously announced one-for-15 reverse stock split of its common stock. The certificate of amendment provides that the reverse stock split will become effective at 5:01 PM Eastern Time today, after the close of trading on The Nasdaq Global Market. On November 15, Alimera's common stock will begin trading on a post-reverse stock split basis on The Nasdaq Global Market under the existing symbol "ALIM."
AMZN

Hot Stocks

12:28 EST Amazon announces expansion of workforce in Las Vegas - Amazon announced an expansion of the company's workforce in Las Vegas with plans to create 125 additional corporate jobs in the city. "To accommodate this growth, the company recently opened a new 30,000 square foot office in Town Square in downtown Las Vegas. This expansion will allow Amazon to more than double its corporate workforce in the area - with teams based in the new Las Vegas office supporting the company's Human Resources organization," Amazon stated.
DIS

Hot Stocks

12:27 EST Disney streaming sign-up announcement credit positive, says Moody's - Moody's says that Walt Disney's announcement that over 10M people have signed up for its streaming service, Disney+, which launched on November 12 is credit positive. "The substantial demand for the service is credit positive because it validates the company's strategic direct-to-consumer pivot and places the company well ahead of its 60 to 90 million global subscriber forecast, which the company expected to achieve by the end of 2024," Moody's said in a statement. Reference Link
PRPO

Hot Stocks

12:23 EST Precipio announces $750K project win with 'large healthcare company' - Precipio announced a "substantial biomarker project with a large healthcare company that will generate significant revenue over the next two quarters." Precipio expects the project to be completed by the end of Q1 2020. Stephen Miller, Precipio's Chief Commercial Officer, said, "With the exception of the recent quarter, we have had ongoing profitable revenue from our pharma clients. We are confident that our pharma project pipeline will continue to generate substantial revenue in the coming quarters." The company's headline for its announcement identifies the opportunity as a "$750,000 pharma project."
KKR...

Hot Stocks

12:09 EST 'Fortnite' streamer Ewok moving to Microsoft's Mixer from Amazon's Twitch - Soleil "Ewok" Wheeler, 13-year-old professional player of Epic's "Fortnite," announced on Twitter that she is leaving Amazon's (AMZN) Twitch streaming platform to stream exclusively on Microsoft's (MSFT) Mixer. Ewok follows similar moves made by popular streamers Michael "Shroud" Grzesiek and Tylver "Ninja" Blevins. Investors in Epic Games include Tencent (TCEHY), Disney (DIS), and KKR (KKR). Reference Link
CGC

Hot Stocks

12:00 EST Canopy Growth falls -15.6% - Canopy Growth is down -15.6%, or -$2.88 to $15.62.
I

Hot Stocks

12:00 EST Intelsat falls -16.0% - Intelsat is down -16.0%, or -$2.31 to $12.12.
CTRA

Hot Stocks

12:00 EST Contura Energy falls -44.1% - Contura Energy is down -44.1%, or -$8.04 to $10.20.
GFF

Hot Stocks

12:00 EST Griffon rises 14.2% - Griffon is up 14.2%, or $3.08 to $24.81.
PING

Hot Stocks

12:00 EST Ping Identity rises 14.5% - Ping Identity is up 14.5%, or $2.40 to $18.91.
IGT

Hot Stocks

12:00 EST International Game rises 18.8% - International Game is up 18.8%, or $2.42 to $15.32.
ACN

Hot Stocks

11:52 EST Accenture announces intent to acquire consulting firm Silveo - Accenture has announced its intent to acquire Silveo, a French consulting company that provides solutions and services for supply chains and manufacturing. Silveo would join Accenture Industry X.0, the part of Accenture that uses digital technologies to improve how companies engineer and manufacture products and services and operate industrial facilities, the company said. "Adding the capabilities of Silveo would enhance Accenture's ability to help clients reinvent their manufacturing and supply chain processes faster. This is important for manufacturers whose customers are demanding increasingly more personalized products and services," Accenture added. The acquisition requires prior consultation with the relevant works councils and would be subject to customary closing conditions. Financial terms of the transaction were not disclosed.
DLTR

Hot Stocks

11:21 EST FDA sends warning letter to Dollar Tree regarding violations at drug suppliers - In an FDA warning letter dated November 6 addressed to Gary Philbin, President and Chief Executive Officer of Greenbrier International, Inc dba Dollar Tree, the FDA stated in part: "The U.S. Food and Drug Administration inspected your corporate headquarters, Greenbrier International, Inc. at 500 Volvo Parkway, Chesapeake, Virginia, from January 14 to 18, 2019 after FDA inspections revealed violative conditions at multiple foreign drug manufacturers that supplied drugs to your distribution network. Firms inspected by FDA included contract manufacturers used to manufacture Dollar Tree's Assured Brand drugs...Considering that FDA has found a pattern of drug manufacturers with serious CGMP violations in your supply chain, in response to this letter, provide a detailed plan to ensure you do not receive or deliver adulterated drugs in interstate commerce." Reference Link
BA

Hot Stocks

11:14 EST Boeing moves to session high, up 1.3% to $367.30
BMRN

Hot Stocks

11:07 EST BioMarin sees GAAP break-even or better in 2020 assuming Valoctocogene launch - BioMarin Pharmaceutical updated the investment community on the company's research and development portfolio during its R&D day in New York, with CEO JJ Bienaime quoted as having stated: "BioMarin is at an inflection point where our combined understanding of the biology of many rare diseases and key technologies like gene therapy position us not only for exceptional growth over the next decade, but for GAAP profitability in 2020. We are excited about the possibilities of our two late-stage clinical programs in hemophilia A and achondroplasia potentially to transform the course of these conditions. We are also looking forward to leveraging our experience in gene therapy and genetic disease to bring a rich pipeline of new investigational therapies into the clinic." BioMarin noted that the Phase 3 study has now dosed 130 study participants, and that the company completed its process performance qualification campaign, which was the last step in the Chemistry, Manufacturing and Controls package, or CMC package, of the regulatory submissions. BioMarin is on track to submit marketing applications for investigational gene therapy, valoctocogene roxaparvovec, to health authorities in the United States and Europe before year end, the company noted in a press release recapping the event. The company also provided an update on its clinical program for vosoritide, an analog of C-type Natriuretic Peptide, in children with achondroplasia, the most common form of disproportionate short stature in humans at its annual R&D day. In addition, BioMarin reaffirmed that it plans to provide top-line data on the randomized, placebo-controlled Phase 3 vosoritide study by the end of the year.
NEWM GCI

Hot Stocks

10:24 EST New Media, Gannett shareholders approve merger agreement - New Media Investment Group (NEWM) and Gannett Co. (GCI) jointly announced that at their respective special shareholder meetings held today, New Media and Gannett stockholders approved all of the proposals necessary to complete the previously announced acquisition of Gannett by New Media for a combination of cash and stock. New Media and Gannett expect to complete the Merger on November 19.
FISV...

Hot Stocks

10:15 EST Leon Cooperman added Fiserv during Q3 and made stock top holding - Leon Cooperman disclosed in a regulatory filing his holdings as of September 30, 2019. Cooperman made nine new buys in the quarter, including by size, Fiserv (FISV), SPDR Gold Shares (GLD), Gray Television (GTN), Gannett (GCI), SunOpta (STKL) and Dynatrace (DT). He exited six positions during the quarter, including Nielsen Holdings (NLSN), Loral Space & Communications (LORL), New Residential Investment (NRZ), PennyMac Financial Services (PFSI) and Tribune Publishing (TPCO). Cooperman increased his stake in 19 holdings, including New Media Investment (NEWM), WPX Energy (WPX), VICI Properties (VICI), Carnival (CCL) and Trinity Industries (TRN). He reduced his stake in three holdings: Thermo Fisher (TMO), AMC Networks (AMCX) and Par Pacific Holdings (PARR). Cooperman's top holdings as of September 30, in order of size, were Fiserv, Alphabet (GOOGL), United Airlines (UAL), Chimera (CIM) and Cigna (CI).
WHLR

Hot Stocks

10:05 EST Stilwell Group says Wheeler REIT CEO is 'being misleading' about meeting - The Stilwell Group, the largest shareholder of Wheeler Real Estate Investment Trust, announced that it delivered an open letter to shareholders of the Company. The letter said, in part, "We've finally heard from our Company in its November 8th letter to shareholders. It's no surprise to see misleading information. During the 2018 quarterly earnings calls, WHLR CEO, Dave Kelly, seemed to re-read a script when addressing WHLR's suspension of dividend payments; First Quarter: 'And for our shareholders, we want to return to a dividend-paying REIT. All of which are ways to establish our primary goal: maximizing shareholder value....Suspending the dividend was a difficult decision, but it was a necessary step to maintain the cash we need to shore up our balance sheet.' Third Quarter: 'And for our shareholders, we want to return to a dividend-paying REIT, all of which are ways to establish our primary goal: maximizing shareholder value. While we intend to return to being a dividend-paying REIT, we will not do so until we can demonstrate sustainable cash flows that support a consistent dividend.' Fourth Quarter: 'As we've consistently stated in the past, our objective is to be a grocery-anchored dividend-paying REIT. We believe that this is the surest path to restoring shareholder value. While we intend to return to being a dividend-paying REIT, we will not do so until we can demonstrate sustainable cash flows that support a consistent dividend.'...and then he suspended the earnings calls. Mr. Kelly is now being equally misleading about the meeting at our office on October 8th. Having personally attended the meeting, I can attest to what really happened. Joe Stilwell did not end the meeting until Dave Kelly threatened Joe 'if he persisted with the proxy contest.' The truth is, we came to a verbal agreement with WHLR to cancel this contest in exchange for three WHLR board seats and to work to maximize shareholder value. Joe signed the final, negotiated written agreement in August. Instead of countersigning, Mr. Kelly spent two more months trying to keep the largest WHLR shareholder out of the boardroom. To boot, WHLR is stonewalling us in our attempt to gather information on the rather rotten situation at Sea Turtle. We recently had to go to court just to obtain documents that we, as shareholders, are rightfully entitled to. Given the substantial efforts undertaken and expenses incurred by the Company just to prevent us from exercising our rights under the law, we can only imagine everything Dave Kelly is hiding on the Sea Turtle fiasco! Mr. Kelly seems to have a tenuous relationship with the truth. Unfortunately, we've all suffered. Please vote the GREEN card TODAY to take Dave Kelly off the WHLR board and begin to maximize shareholder value."
I

Hot Stocks

10:00 EST Intelsat falls -12.2% - Intelsat is down -12.2%, or -$1.76 to $12.67.
CGC

Hot Stocks

10:00 EST Canopy Growth falls -14.4% - Canopy Growth is down -14.4%, or -$2.67 to $15.83.
CTRA

Hot Stocks

10:00 EST Contura Energy falls -25.5% - Contura Energy is down -25.5%, or -$4.66 to $13.58.
TGP

Hot Stocks

10:00 EST Teekay LNG rises 15.9% - Teekay LNG is up 15.9%, or $2.25 to $16.43.
FENG

Hot Stocks

10:00 EST Phoenix New Media rises 16.4% - Phoenix New Media is up 16.4%, or 50c to $3.54.
DDS

Hot Stocks

10:00 EST Dillard's rises 23.6% - Dillard's is up 23.6%, or $15.98 to $83.79.
APHA

Hot Stocks

09:47 EST Aphria falls -6.1% - Aphria is down -6.1%, or -27c to $4.19.
BZH

Hot Stocks

09:47 EST Beazer Homes falls -7.3% - Beazer Homes is down -7.3%, or -$1.07 to $13.60.
CGC

Hot Stocks

09:47 EST Canopy Growth falls -13.4% - Canopy Growth is down -13.4%, or -$2.49 to $16.01.
GFF

Hot Stocks

09:47 EST Griffon rises 15.3% - Griffon is up 15.3%, or $3.33 to $25.06.
DDS

Hot Stocks

09:47 EST Dillard's rises 19.5% - Dillard's is up 19.5%, or $13.19 to $81.00.
PING

Hot Stocks

09:47 EST Ping Identity rises 23.2% - Ping Identity is up 23.2%, or $3.83 to $20.34.
BLMN...

Hot Stocks

09:45 EST Jana added Bloomin' Brands and Instructure during Q3, sold Falcon Minerals - Barry Rosenstein's Jana Partners disclosed in a regulatory filing its holdings as of September 30, 2019. Jana made two new buys during the second quarter: it bought 7.82M shares of Bloomin' Brands (BLMN) and 334,089 shares of Instructure (INST). The fund exited two positions in the quarter, including Falcon Minerals (FLMN). Jana increased its stake in one position: it bought 27,050 shares of SPDR S&P 500 ETF Trust (SPY). The fund reduced its stake in four holdings: Zimmer Biomet (ZBH), Axalta Coating Systems (AXTA), HD Supply Holdings (HDS) and Jack in the Box (JACK). Jana's top holdings as of September 30, in order of size, were Conagra Brands (CAG), Callaway Golf (ELY), Bloomin' Brands, Axalta Coating and Zimmer Biomet.
PAVM

Hot Stocks

09:36 EST PAVmed enters license, shareholder agreements with Airware, Liquid Sensing - PAVmed announced the Company and its newly formed subsidiary, Solys Diagnostics, have entered into definitive license and shareholder agreements with Airware and its newly formed subsidiary Liquid Sensing, to develop and commercialize non-invasive diagnostic products using Nondispersive Infrared laser technology developed by laser technology pioneer Dr. Jacob Wong, founder and CEO of Airware. NDIR laser technology, secured by intellectual property covered under the license agreement, promises to fulfill a decades-long goal of noninvasively measuring glucose, electrolytes and other important biochemical substances in patients, without the need for blood draws, needle sticks or other invasive maneuvers. These technologies have broad applications and large market opportunities in both inpatient settings, where millions of patients undergo frequent blood draws to monitor glucose and other substances, and outpatient settings, where tens of millions of patients use multiple finger sticks daily to manage their diabetes.
TRNX

Hot Stocks

09:33 EST Taronis Technologies announces formation of Turkish joint venture - Taronis Technologies announced the formation of a new joint venture within the Republic of Turkey. The new Turkish company is called Taronis Fuels Turkey Gas Enerji Sanayi ve Ticaret Limited Sirketi. This new entity is domiciled in Ankara, and is currently owned 74% by Taronis Fuels, Inc, and 26% by MC Consulting Teknoloji Enerji Danimanlik Sanayi ve Ticaret Limited Sirketi. It is expected that a third party will enter into this joint venture prior to year end, reducing Taronis Fuels stake to approximately 48%. The purpose of this new joint venture will be threefold. First, this is a precondition to the commencement of an existing $165 million purchase order for thirty 300KW Venturi plasma arc gasification units. The contract dated July 17, 2019 between Taronis Fuels and TA Grup Medya Enerji Sanayi Ticaret Anonim irketi is scheduled to be assigned to MC Consulting. No other aspects of the existing $165M contract would be affected by the assignment. Second, the new joint venture is expected to significantly expand the scope of operations within the Republic of Turkey. The government of Turkey has asked the joint venture to consider a radical expansion of the scope of operations to support a comprehensive safety program in Turkey. To accomplish this, the joint venture would be responsible for forming additional commercial relationships for the purpose of launching manufacturing facilities in Turkey for the production of ancillary equipment required for the daily use of MagneGas as a replacement for existing metal cutting fuels such as acetylene, propylene and propane. This would include, but not be limited to the valves, regulators, torches, hoses and cylinders currently approved by Taronis for the use of MagneGas in the US today. Lastly, the newly formed joint venture would partner with the various Turkish regulators to form a compressed gas, welding and metal cutting safety institute. The purpose of this organization would be to provide ongoing training and safety inspections to ensure the global best practices for the safe handling of compressed gases, including MagneGas, are adhered to across the entire industry. The Turkish metal cutting fuels market is very large, estimated at over $200M in annual consumption by tens of thousands of laborers. Due to the sheer scale of this industry, without the implementation of globally recognized safety practices, thousands of Turkish laborers are impacted by fires and explosions each year.
PRPO

Hot Stocks

09:29 EST Precipio announces preliminary results from IV-Cell Media comparative study - Precipio announced preliminary results shared by two independent laboratories conducting testing of IV-Cell Media in a side-by-side parallel study comparing it to the media currently used by these laboratories. Both laboratories conducted a multi-sample study to evaluate the clinical and operational performance of IV-Cell, as part of their assessment to convert to using IV-Cell exclusively. One laboratory reported that in a case tested, an abnormality was identified in the translocation of chromosomes 15 and 17, an abnormality indicative of Acute Promyelocytic Leukemia, or APL. This translocation was found only when IV-Cell was applied to the cell culture. APL is an aggressive form of acute myeloid leukemia that cannot be definitively diagnosed without the identification of this translocation. The same sample was cultured using the laboratory's current media and the translocation was not identified due to inferior results of their current media. In this situation, using the existing media the pathologist would not have been able to diagnose the patient with Leukemia based on the cell culture created. By analyzing the culture using IV-Cell, a cytogeneticist would clearly identify this as an abnormality associated with Leukemia, providing the diagnosing pathologist with pertinent information to make the definitive diagnosis of Acute Promyelocytic Leukemia. This is a finding that demonstrates the clinical value of IV-Cell media. A second laboratory sharing results of its testing also presented superior results for IV-Cell media when compared to their existing media used. The results showed improved performance in terms of mitotic index and banding resolution, two quality indicators critical to successful cell culturing. Furthermore, the laboratory also measured the labor time required to set up and run the culture using IV-Cell versus their existing culture. The results showed an average reduction of three plus hours of labor time per case using IV-Cell.
CAGDF

Hot Stocks

09:27 EST Centerra Gold commences crushing, stacking ore at Oksut Project - Centerra Gold announced that the Oksut Project, in Turkey has commenced crushing stockpiled ore and stacking of crushed ore on the heap leach pad following receipt of normal course approvals from the Turkish Ministry of Environment and Urbanization. The Oksut Project remains on schedule with first gold pour expected in early January 2020.
TPCO

Hot Stocks

09:26 EST Tribune Publishing declares inital quarterly cash dividend of 25c per share - Tribune Publishing Company announced that its Board of Directors has approved the initiation of a cash dividend program under which Tribune Publishing intends to declare regular quarterly cash dividends to its shareholders. In conjunction therewith, Tribune Publishing's Board of Directors has declared an initial quarterly cash dividend of 25c per share of common stock. The initial dividend will be payable on December 10, 2019, to Tribune Publishing shareholders of record as of the close of business on November 25, 2019.
INSO

Hot Stocks

09:24 EST Inso Corporation enters agreement with Turnagain Herb Company - INDUSTRY SOURCE CONSULTING announced that the Company has entered into an exclusive Agreement to provide various services related to expanding the business and the brand of The Turnagain Herb Company, currently located in Anchorage, AK. THCo's expansion includes relocating its Anchorage manufacturing facility and building a retail facility in nearby Girdwood. In addition, INSO is assisting THCo in negotiations to acquire an existing and operating licensed cultivation facility and retail outlet. The initial services INSO will provide include funding, real estate, management, and both wholesale and retail employee training. The initial term of the Agreement is three years.
ACU

Hot Stocks

09:22 EST Acme United board approves stock repurchase program up to 200,000 shares - Acme United Corporation announced that its Board of Directors approved a new stock repurchase program of up to 200,000 of its outstanding common stock. The Company may also repurchase up to 17,999 shares under a repurchase program announced on November 22, 2010.
AVAV

Hot Stocks

09:22 EST AeroVironment awarded $12M support contract from middle Eastern ally - AeroVironment announced a Middle Eastern ally awarded the company a firm fixed-price contract valued at $12M on October 25 for logistics support, spares and repair services in support of its existing fleet of AeroVironment's Puma AE and Raven B tactical UAS. The contract award period of performance is two years.
GEVO

Hot Stocks

09:20 EST Gevo enters into fuel sales agreement with Scandinavian Airline System - Gevo announced it has signed a Fuel Sales Agreement with Scandinavian Airline System to produce and supply sustainable aviation fuel for use and distribution in low carbon fuel regions of the United States. With the finalization of this new supply contract, Gevo will supply SAF to SAS from Gevo's expanded Luverne, Minnesota plant, which is expected to be constructed over the next several years. For every gallon of SAF produced, Gevo also produces approximately 10 pounds of protein that goes into the food supply chain and can sequester up to 2 pounds of carbon dioxide as carbon into the soil, making it one of the only renewable jet fuel producers to produce both food and fuel while sequestering carbon dioxide and lowering the GHG emissions as compared to traditional fossil-based jet fuel. In addition to adding food back into the food chain, Gevo will also be more transparent with its sustainability practices by utilizing blockchain technology to track its sustainable agriculture efforts.
WFC

Hot Stocks

09:20 EST Wells Fargo general counsel Allen Parker to leave the company in March - Wells Fargo announced that general counsel Allen Parker has made the decision to leave the company effective March 31, 2020, to pursue other business opportunities. Parker joined Wells Fargo as general counsel in March 2017, served as interim CEO and president from March to October and then returned to the general counsel role. The company will commence a search for a new general counsel immediately with the goal being that Parker will assist in a smooth transition to the new general counsel. As general counsel, Parker has responsibility for the company's legal affairs and oversight of the legal department and is a member of the Wells Fargo operating committee. He was interim CEO and president of Wells Fargo and a member of the board from March to October.
DSX

Hot Stocks

09:19 EST Diana Shipping announces direct continuation of contract for m/v Medusa - Diana Shipping has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Kamsarmax dry bulk vessels, the m/v Medusa. The gross charter rate is US$11,000 per day, minus a 4.75% commission paid to third parties, for a period of about eleven months to maximum thirteen months. The new charter period is expected to commence on November 15, 2019. The "Medusa" is a 82,194 dwt Kamsarmax dry bulk vessel built in 2010. This employment is anticipated to generate approximately $3.47M of gross revenue for the minimum scheduled period of the time charter.
TER

Hot Stocks

09:17 EST Teradyne completes acquisition of AutoGuide Mobile Robots - Teradyne announced that it has completed the acquisition of AutoGuide Mobile Robots, a supplier of high payload autonomous mobile robots. AutoGuide's advanced products deliver easy deployment, improved safety, reduced costs and increased efficiency of industrial and warehouse material-handling operations.
CSCO

Hot Stocks

09:17 EST Cisco's Robbins says CEO confidence waning on trade, Brexit uncertainties - Chuck Robbins is speaking on CNBC.
KSU

Hot Stocks

09:17 EST Kansas City Southern announces $550M accelerated share repurchase program - Kansas City Southern announced it has entered into accelerated share repurchase transactions with Goldman Sachs and Morgan Stanley for an aggregate amount of $550M. The ASR Transactions were entered into as part of KCS's new $2B share repurchase program announced on November 12.
LVGO

Hot Stocks

09:17 EST Livongo Health says study demonstrates sustained blood pressure reduction - Livongo Health announced the findings of a study that demonstrated people with both diabetes and high blood pressure who used the Livongo for Hypertension solution and the Livongo for Diabetes solution on an integrated platform saw sustained clinically-significant blood pressure reduction after only four weeks and experienced further improvements after using the program for twelve weeks. In addition, Livongo Members who checked their blood pressure more frequently using Livongo's connected blood pressure monitoring technology experienced additional improvement for both systolic blood pressure and diastolic blood pressure reduction. The research findings will be presented on November 16, 2019 at the American Heart Association Scientific Sessions being held in Philadelphia, Pennsylvania. Nearly 20 percent of people living with hypertension report access-to-care challenges and are offered little guidance outside of the time they spend in a doctor's office. Without continued support, many people with high blood pressure do not understand how behavioral and lifestyle changes affect their blood pressure. At home blood pressure monitoring is proven to provide context on care routines, help predict health complications, and allows easier access to remote coaching2 or other clinical interventions. Livongo Member participants who had starting blood pressure higher than 130/80 mm Hg, saw their systolic blood pressure decline by an average of 10.2 mm Hg at four weeks which was maintained and continued to decrease to a final reduction of 12.7 mmHg by week 12. Multivariable regression analysis identified that age, baseline blood pressure, and frequency of blood pressure readings were associated with a reduction in blood pressure. The 1,690 Livongo Members had an average age of 54 years and 47 percent of them were women. At study entry, all of them lived with diabetes and 63 percent had blood pressure higher than 130/80 mm Hg, the threshold for a diagnosis of stage 1 high blood pressure according to the revised guideline issued in 2017 by the American College of Cardiology and the American Heart Association. All participants received a Livongo for Hypertension blood pressure monitor and cuff that connected wirelessly with Livongo's smartphone app. After participants measured their blood pressure, the readings were automatically transmitted to Livongo's Applied Health Signals platform where participants could review their results and get tips on managing their blood pressure through actions such as: quitting smoking, following a healthy eating pattern, getting more physical activity, and reducing their weight. The Livongo app also enabled participants to compare their blood-pressure readings over time, schedule a call with a Livongo health coach, and share their results with family members, friends, or healthcare providers.
CSCO

Hot Stocks

09:17 EST Cisco CEO says 'not modeling for any change in momentum' - Chuck Robbins is speaking on CNBC.
PFGC OMI

Hot Stocks

09:17 EST Performance Food Group appoints Erika Davis CHRO, Don Bulmer CIO - Performance Food Group (PFGC) announced Erika Davis, formerly with Owens & Minor (OMI), is now PFG's chief human resources officer, or CHRO and Don Bulmer, formerly with PFG's Vistar division, is now the company's chief information officer, or CIO. Both report to George Holm, chairman, president & CEO.
INST

Hot Stocks

09:16 EST Instructure announces review of strategic alternatives - Instructure announced that in response to interest received from multiple third parties, its board of directors, supported by management, has commenced a process to explore strategic alternatives in order to maximize shareholder value. These alternatives may include continuing as a standalone public company, going private, or being purchased by a strategic partner. The board has retained J.P. Morgan as its financial advisor and Cooley LLP as its legal advisor in connection with the review. "Consistent with its duties and in response to interest from several parties, our board of directors has determined that it is prudent to undertake a review of alternatives to identify the best way to maximize shareholder value," said Josh Coates, Chairman of the Board at Instructure. "As the board conducts its review, we remain focused on executing our strategy with an increased focus on the education market as well as the previously-announced strategic review of Bridge." The company has not set a formal timetable for this exploration, nor has it made any decisions related to strategic alternatives at this time. While Instructure is pursuing opportunities, there is no assurance that the process will result in a transaction. The company does not expect to make additional public comment regarding these matters until the board approves a specific action or otherwise concludes the process. The previously scheduled financial analyst day on December 3 has been canceled to allow management and the board to explore these strategic alternatives for the company.
DGLY

Hot Stocks

09:13 EST zTrip places additional order fo Digital Ally's DVM-250, FleetVu manager - Digital Ally announced a contract extension and upgrade with zTrip or the Company's DVM-250 in-car video event recorder and video management platform, FleetVu Manager. zTrip will now implement nearly 300 DVM-250 units integrated with FleetVu Manager in Jacksonville, FL and will upgrade an additional 125 units in West Palm Beach, FL. zTrip, North America's largest taxicab company with a fleet of more than 5,000 vehicles in 19 U.S. cities, continues to set the standard for driver and passenger safety, technology innovations and customer service. As a long-standing customer of Digital Ally, zTrip has seen the long and short-term return on its investment since the implementation of the Company's DVM-250 video event recorder and FleetVu Manager platform.
WMT...

Hot Stocks

09:13 EST Fly Intel: Pre-market Movers - HIGHER: Qiagen (QGEN), up 3% after Bloomberg reported Thermo Fisher (TMO) is weighing a purchase of the company... Exicure (XCUR), up 30% after announcing Allergan's (AGN) wholly-owned subsidiary, Allergan Pharmaceuticals International, and the company. have entered into a global collaboration agreement to discover and develop novel treatments for hair loss disorders based on Exicure's proprietary SNA technology. UP AFTER EARNINGS: Walmart (WMT), up 3%... Viacom (VIAB), up 2%... Teekay LNG (TGP), up 11%. DOWN AFTER EARNINGS: Cisco (CSCO), down 5%... Weibo (WB), down 12%... Wix.com (WIX), down 5%... Trip.com Group (TCOM), down 2%... Sina (SINA), down 9%. LOWER: Fulgent Genetics (FLGT), down 15% after a 2.325M share spot secondary priced at $11.25 per share.
VIA...

Hot Stocks

09:11 EST Viacom: 'We're making enough TV to supply our needs, 3rd-parties' - Viacom management said "the third-party demand for our content is incredible."
ZEAL

Hot Stocks

09:11 EST Zealand Pharma expects FY19 net operating expenses DKK580M-DKK600M
ZEAL

Hot Stocks

09:10 EST Zealand Pharma 'on track' for HypoPal NDA submission in early 2020 - Primary and all key secondary endpoints achieved in pediatric Phase 3 study with dasiglucagon HypoPal rescue pen, thereby completing the Phase 3 program and keeping on track for submission of U.S. FDA New Drug Application in early 2020.
EXPI

Hot Stocks

09:07 EST eXp opens for business in the United Kingdom - eXp, The Real Estate Cloud Brokerage and a subsidiary of eXp World Holdings, announced eXp is now open for business in the United Kingdom. eXp is expanding into the United Kingdom under the leadership of Adam Day, who will lead the company's expansion and brokerage operations in the country. Day, International Expansion Leader for eXp UK, has been in the local real estate industry since 1997 in various roles, including launching one of the first online estate agencies in the United Kingdom and leading it through an acquisition by the most successful, local property business. Dozens of estate agents have joined eXp UK from online, hybrid and traditional agency backgrounds as self-employed agents looking to grow the business. Two of the first to join eXp UK were Mark Bentley, the most recent president of the National Association of Estate Agents, and Ian Dobrin, the former internal recruitment director for the largest bricks and mortar estate agency business in the United Kingdom.
OSTK

Hot Stocks

09:06 EST Medici Ventures joins Sovrin Alliance to promote self-sovereign identity - Medici Ventures has joined the Sovrin Alliance to support the infrastructure of the Sovrin Network and promote self-sovereign identity for all. The Sovrin Alliance is a function of the Sovrin Foundation, which is an independent organization focused on the advancement of self-sovereign identity supporting the governance of the Sovrin Network technology platform. The Sovrin Alliance brings together a community of developers, enterprises, business and government leaders, NGOs, Sovrin Foundation staff, and volunteers to serve the needs of identity holders everywhere. As a member of the Sovrin Alliance, Medici Ventures receives valuable access to self-sovereign identity expertise, including education and trainings, access to developers and other resources, and networking opportunities.
GOVX

Hot Stocks

09:05 EST GeoVax Labs to present at Vaccines R&D Conference - GeoVax Labs announced that its Chief Scientific Officer, Farshad Guirakhoo, PhD, will be a featured speaker at the Vaccines Research and Development conference, being held November 18-20, 2019 in Boston, Massachusetts. Dr. Guirakhoo will co-chair a session on infectious diseases, during which he will deliver a presentation entitled, MVA as a Safe and Effective Platform for Delivery of Multi-Antigen Vaccine Candidates for Infectious Diseases and Cancer. During the conference, Dr. Guirakhoo will also serve as a panelist for a session discussing the development of vaccines for the current Ebola crisis. GeoVax's Modified Vaccinia Ankara platform technology is built on a 5th generation MVA vector system that is improved for high expression and stable transgenes during manufacture. Similar to its parent MVA, it has the advantages of being a live replication-competent vector in avian cells for manufacturing, yet replication-deficient in mammalian cells for vaccination, thus inherently safe. Importantly, MVA vaccines elicit protective T cell as well as antibody responses in animals and humans. The GeoVax MVA platform can be combined with the potent immunogenicity of Virus Like Particles or be used to express proteins in their native conformations, enabling construction of vaccine candidates that induce full protection after a single dose. Built upon this platform, GeoVax's preventive HIV vaccine has demonstrated robust and durable immune responses in clinical trials involving more than 500 subjects. Single-dose protection is a favourable characteristic of a vaccine for emerging infectious disease outbreak response, given the speed of spread of pathogens and the impracticality of multi-dose regimens in the under-resourced settings where outbreaks often occur. MVA-VLP vaccine candidates against various virus families induced strong antibody and T cell responses and demonstrated broad protections after single dose vaccinations against lethal challenges. In his presentation, Dr. Guirakhoo will discuss the utility of the platform not only against emerging and re-emerging pathogens but also against cancer or chronic infectious diseases such as HBV, HPV and malaria.
MSFT CRM

Hot Stocks

09:05 EST Microsoft, Salesforce expand strategic partnership - Microsoft (MSFT) and Salesforce (CRM) announced plans to expand their strategic partnership to help customers meet the evolving needs of their businesses and boost team productivity. Salesforce has named Microsoft Azure as its public cloud provider for Salesforce Marketing Cloud. Salesforce will also build a new integration that connects Salesforce's Sales Cloud and Service Cloud with Microsoft Teams.
SHAK GRUB

Hot Stocks

09:04 EST Shake Shack begins nationwide delivery with GrubHub - On November 14, Shake Shack (SHAK) will officially begin delivery nationwide with Grubhub (GRUB). With more than 140 restaurants across the U.S. now available for delivery on Grubhub, diners can order their Shake Shack favorites with free delivery today through November 17th. After various pilots, Shake Shack chose Grubhub as its exclusive integrated national delivery and marketing partner. Delivery on Grubhub is now available at nearly all Shake Shack locations nationwide and other elements of the partnership will be launching throughout 2020.
LGF.A...

Hot Stocks

09:02 EST Lionsgate, Amazon.com enter UK output deal - Amazon (AMZN) announced that it has struck a new deal with Lionsgate (LGF.A, LGF.B) to be the UK's first window streaming home to the studio's recently released and upcoming theatrical feature films. The multi-year deal, which begins on 1st January 2020, will enable Prime members in the UK, or those subscribing to the monthly standalone Prime Video service offer, to access exciting, star-driven Lionsgate hits like Angel Has Fallen, Rambo: Last Blood and Lionsgate UK's The Personal History of David Copperfield. The agreement also encompasses eagerly-anticipated upcoming Lionsgate films such as the critically-acclaimed Knives Out, the action epic Midway and the buzzy Bombshell.
ARNA

Hot Stocks

09:02 EST Everest Medicine announces first patient dosed in etrasimod Phase 3 study - Everest Medicines announced that the first patient has been dosed in a double-blind, randomized, placebo controlled, multi-center Phase 3 clinical study to evaluate the efficacy and safety of etrasimod for induction and maintenance of treatment in subjects with moderately to severely active ulcerative colitis. Etrasimod is a next generation, once-daily, oral, highly selective sphingosine 1-phosphate receptor modulator discovered by Arena Pharmaceuticals, and designed for optimized pharmacology and engagement of S1P receptor 1, 4 and 5 that may lead to an improved efficacy and safety profile. Etrasimod provides systemic and local effects on specific immune cell types and has the potential to treat multiple immune-mediated inflammatory diseases including UC, Crohn's disease, and atopic dermatitis. In December 2017, Arena Pharmaceuticals, Inc. granted Everest Medicines an exclusive, royalty-bearing license to develop, manufacture and commercialize etrasimod in Mainland China, Taiwan, Hong Kong, Macau and South Korea. Etrasimod is an investigational compound that is not approved for any use in any country. The phase 3 study will enroll approximately 330 patients with moderate-severe UC in Mainland China, South Korea and Taiwan. The primary objective of this study is to demonstrate the efficacy and safety of etrasimod, in subjects with moderately to severely active UC.
RBBN

Hot Stocks

09:01 EST Ribbon Communications announces departure of CEO Franklin Hobbs - Ribbon Communications announced the departure of its President and CEO Franklin Hobbs, effective November 14. The Board has appointed Steven Bruny, Executive Vice President, Global Sales and Services, and Kevin Riley, Executive Vice President and Chief Technology Officer, as Interim Co-Presidents and CEOs. Bruny and Riley will assume Hobbs' duties while Ribbon's Board of Directors works with One Degree Partners, a leading global executive search firm, to recruit a new CEO for Ribbon.
RBBN

Hot Stocks

09:00 EST Ribbon Communications trading resumes
PDLI

Hot Stocks

08:59 EST PDL BioPharma responds to escalation of Engine Capital's public campaign - PDL BioPharma issued the following statement in response to Engine Capital's escalation of its public campaign criticizing PDL's strategic direction: "PDL values shareholder input and invited Engine to present its views to members of our Board yesterday. It's unfortunate that Engine decided to escalate its public campaign less than 24 hours after the meeting rather than give the Board a meaningful opportunity to consider its most recent presentation. PDL's Board and management team are steadfast in their commitment to acting in the best interests of all PDL shareholders and in September began working with an external financial advisor to provide an independent strategic and financial review of PDL's business, including many of the topics that Engine has raised. This review is ongoing, and the Board will consider suggestions from the company's shareholders, including Engine, as part of its deliberations. Recently, the Board has taken significant steps to build value for all shareholders, including repurchasing $155 million, or almost 32%, of PDL common stock since March 2017. Further, since June 2018, PDL has replaced 50% of its Board with the appointments of four new directors, significantly reducing the Board's average tenure. Three of the new directors are independent and two of the new independent directors increased the diversity of the Board. The company's Board, which is comprised of directors with vast experience in areas important to PDL's business and who have served as executives at some of the world's largest biopharmaceutical and biotech companies, will evaluate the results of the independent review. The Board and management team are confident that the actions the company has taken, and will continue to take, best position PDL to enhance value to all of the company's shareholders. PDL looks forward to continuing its dialogue with all of its shareholders, including Engine, as it works to enhance shareholder value."
GILT ENT

Hot Stocks

08:53 EST Global Eagle places $5M order with Gilat's Wavestream for transceivers - Gilat Satellite Networks (GILT) announced that its subsidiary Wavestream received an order from Global Eagle Entertainment Inc. (ENT) for approximately $5M for its industry-leading Ku-band 25W High-Power Transceiver in support of In-flight connectivity. The Wavestream HPT are line fit for Boeing 737 aircraft.
AAPL

Hot Stocks

08:53 EST Apple announces users can enroll in three health studies through Research app - Apple announced that customers in the U.S. can enroll in three health studies - the Apple Women's Health Study, the Apple Heart and Movement Study, and the Apple Hearing Study. Conducted in partnership with academic and research institutions, these multi-year longitudinal studies are available in the new Research app, which can be downloaded from the App Store. Now participants can contribute to medical discoveries with iPhone and Apple Watch. The studies allow users to contribute to medical research through an enrollment process and engaging tasks. After enrolling in a study, participants using Apple Watch and iPhone can contribute data around movement, heart rate and noise levels, captured during everyday activities. There is an opportunity to better understand menstrual cycles and how they relate to women's health. The Apple Women's Health Study is the first long-term study of this scale and scope; it aims to advance the understanding of menstrual cycles and their relationship to various health conditions, including polycystic ovary syndrome, or PCOS, infertility, osteoporosis and menopausal transition. Conducted in partnership with Harvard T.H. Chan School of Public Health and the NIH's National Institute of Environmental Health Sciences, the study will use iPhone and Apple Watch to collect study-specific data like cycle tracking information, and use monthly surveys to understand each participant's unique menstrual experience. The study seeks to analyze the impact of certain behaviors and habits on a breadth of reproductive health topics. Measuring the quality and quantity of a person's movement can provide insight into their current and future health status. The Apple Heart and Movement Study is a broad study of factors that affect heart health and potentially cause deterioration in mobility or overall well-being, in an effort to promote healthy movement and improved cardiovascular health. Users can participate by using the Research app on their iPhone and recording workouts on their Apple Watch Series 1 or later. With Brigham and Women's Hospital and the American Heart Association, Apple is taking on this study to understand how certain mobility signals and details about heart rate and rhythm could serve as potential early warning signs of atrial fibrillation, heart disease or declining mobility, to build new interventions that could help consumers lead longer, healthier and more active lives.2 The impact of sound exposure on hearing health and stress levels over time is not well understood. The Apple Hearing Study will collect headphone usage and environmental sound exposure data through iPhone and the Noise app on Apple Watch, in order to explore how both can impact hearing over time. Alongside the University of Michigan, the study will also determine how long-term sound exposure can impact stress levels and cardiovascular health. Participants will be randomly assigned to two groups within the study to assess if receiving Health app notifications when loud sound exposure is detected can motivate users to modify their listening behaviors. Data from the study will also be shared with the World Health Organization's Make Listening Safe initiative to raise awareness of safe listening practices with the aim of reducing hearing loss.
VIA VIAB

Hot Stocks

08:52 EST Viacom says Pluto TV has about 20M MAUs - Viacom management sees Pluto TV as a global advertising opportunity. Management says digital studios had 9.6B social views in Q4. Management said VidCon expanded beyond a single event in Anaheim, CA to London and Australia, and more VidCon events will be added going forward. Comments provided during Q4 earnings conference call.
TDOC

Hot Stocks

08:51 EST Teladoc earns two telehealth accreditations from ClearHealth Quality Institute - Teladoc Health announced it has earned two accreditations through ClearHealth Quality Institute's Telemedicine Accreditation Program. The company gained independent accreditation for both its Consumer-to-Provider services for acute care needs, as well as its Provider-to-Consumer services, which focus on the ongoing provider/patient relationship when treating specialty and chronic conditions, including mental health.
BASI

Hot Stocks

08:50 EST Bioanalytical Systems launches rebrand of contract research services business - Bioanalytical Systems announced the launch of its new contract research services brand, Inotiv. Inotiv represents the union of Bioanalytical Systems, Seventh Wave Laboratories', and Smithers Avanza Toxicology Services' in vivo toxicology, pharmacology, drug metabolism, bioanalysis, and pharmacokinetic solutions, as well as the Company's expansion into surgical and medical device contract research services with the expected acquisition of the Pre-Clinical Research Services business. The rebrand reflects the Company's increased scope of services and its resulting position as a top contract research organization for drug discovery and development. The Company's products business will continue to operate under the name BASi. The Company will also continue to make its public filings with the U.S. Securities and Exchange Commission under the name Bioanalytical Systems, Inc., and our common shares will continue to trade under the ticker symbol "BASI."
SNNA

Hot Stocks

08:47 EST Sienna Biopharmaceuticals says Nasdaq panel grants request for continued listing - Sienna Biopharmaceuticals announced that, on November 12, 2019, the Nasdaq Hearings Panel granted the Company's request for continued listing on the Nasdaq Stock Market, subject to certain conditions, including the following: On or before December 5, 2019, the Company shall update the Panel regarding the results of the Chapter 11 auction process currently being conducted under the jurisdiction of the United States Bankruptcy Court for the District of Delaware. The Company shall also provide a timeline for completion of the transaction and/or delisting, or, in the alternative, details regarding the financing / reorganization. Based on the information provided, the Panel will evaluate whether the listing should be continued. On or before December 13, 2019, in the event the auction process results in an asset sale, the Company shall have completed the asset sale transaction. In the alternative, if the auction process results in a financing or reorganization plan with intent to emerge from bankruptcy, the Company shall provide the Panel with a submission detailing the plan and timeline going forward, as well as financial information regarding the ability of the post-bankruptcy entity to qualify for initial listing. The Panel will at that time evaluate whether the listing should be continued. There can be no assurances that Nasdaq will continue the Company's listing through the entire bankruptcy process or that there will be a successful auction process. In the interim, Sienna continues to manage and operate its business under the jurisdiction of the Court and in accordance with the applicable provisions of the Bankruptcy Code. Sienna has retained Latham & Watkins as legal counsel and Cowen and Company as its investment bank to review financial and strategic alternatives with the goal of maximizing stakeholder value.
PRSP

Hot Stocks

08:46 EST Perspecta Labs wins $6.6M award on DARPA GAPS program - Perspecta announced that its innovative applied research arm, Perspecta Labs, was awarded a prime position on the Defense Advanced Research Projects Agency Guaranteed Architecture for Physical Security program. The award, which represents new work for the company, has a total value of $6.6M, including options, for three phases of work over a 54-month period of performance.
SRPT

Hot Stocks

08:45 EST Sarepta announces collaboration, license agreement with StrideBio - arepta Therapeutics announced the signing of a collaboration and license agreement to develop in vivo AAV-based therapies for up to eight central nervous system and neuromuscular targets. Pursuant to the agreement, Sarepta is granted an exclusive license on selected targets to leverage StrideBio's novel, structure-driven capsid technology, intended to enhance specific tropism to tissues of interest and evade neutralizing antibodies. The parties also plan to focus on strategies intended to address re-dosing challenges in patients who have received AAV-delivered gene therapy. StrideBio will conduct all investigational new drug enabling research, development and manufacturing for the first four CNS targets, which are MECP2, SCN1A, UBE3A, and NPC1. Additionally, Sarepta will have an exclusive option to four additional targets based on StrideBio's capsid technology. StrideBio has created a growing portfolio of novel AAV capsids evolved in non-human primates that show reduced seroprevalence and potential for improved tropism to targeted tissues. Under the terms of the agreement, StrideBio will be responsible for AAV capsid development, non-clinical development and manufacturing of preclinical candidates to be selected for advancement into clinical studies. The parties will also share early clinical development activities for selected targets, with Sarepta responsible for late stage development and commercialization. A total of four initial targets are specified under the collaboration. StrideBio will receive a $48M upfront payment in the form of cash and Sarepta stock, in addition to significant future development, regulatory and commercial milestones for the four programs. StrideBio will also receive royalties on worldwide net sales of any commercial products developed through the collaboration. Sarepta has also obtained an exclusive option to expand the collaboration to include up to an additional four targets with an upfront payment of up to $42.5M along with future downstream milestone payments, while StrideBio has an option to obtain co-development and co-commercial rights to one of the collaboration targets. In addition, Sarepta has made a commitment to invest in StrideBio's next financing round. Further financial terms were not disclosed.
SRPT

Hot Stocks

08:44 EST Sarepta annpinces collaboration, license agreement with StrideBio - Sarepta Therapeutics announced the signing of a collaboration and license agreement to develop in vivo AAV-based therapies for up to eight central nervous system and neuromuscular targets. Pursuant to the agreement, Sarepta is granted an exclusive license on selected targets to leverage StrideBio's novel, structure-driven capsid technology, intended to enhance specific tropism to tissues of interest and evade neutralizing antibodies. The parties also plan to focus on strategies intended to address re-dosing challenges in patients who have received AAV-delivered gene therapy. StrideBio will conduct all investigational new drug enabling research, development and manufacturing for the first four CNS targets, which are MECP2, SCN1A, UBE3A, and NPC1. Additionally, Sarepta will have an exclusive option to four additional targets based on StrideBio's capsid technology. StrideBio has created a growing portfolio of novel AAV capsids evolved in non-human primates that show reduced seroprevalence and potential for improved tropism to targeted tissues. Under the terms of the agreement, StrideBio will be responsible for AAV capsid development, non-clinical development and manufacturing of preclinical candidates to be selected for advancement into clinical studies. The parties will also share early clinical development activities for selected targets, with Sarepta responsible for late stage development and commercialization. A total of four initial targets are specified under the collaboration. StrideBio will receive a $48M upfront payment in the form of cash and Sarepta stock, in addition to significant future development, regulatory and commercial milestones for the four programs. StrideBio will also receive royalties on worldwide net sales of any commercial products developed through the collaboration. Sarepta has also obtained an exclusive option to expand the collaboration to include up to an additional four targets with an upfront payment of up to $42.5M along with future downstream milestone payments, while StrideBio has an option to obtain co-development and co-commercial rights to one of the collaboration targets. In addition, Sarepta has made a commitment to invest in StrideBio's next financing round. Further financial terms were not disclosed.
PUFXF

Hot Stocks

08:41 EST Agraflora Organics introduces organic lip balm SKU into 200 Gateway Newstands - AgraFlora Organics International announced the Company has received a purchase order from Gateway Newstands for its Whole Hemp Health organic lip balm SKU. Gateway's purchase order and subsequent listing of a secondary AgraFlora SKU secures additional high-visibility Canadian shelf space for the Company's expanding line of organic cannabis sativa seed oil infused consumer packaged goods. The Company was awarded approved supplier status by Gateway on October 9, 2019 and now boasts two unique SKUs on the shelves of Gateway's 200 high-traffic storefronts.
ENPH

Hot Stocks

08:38 EST Enphase Energy says Vision Solar leverages products for customer experience - Enphase Energy announced that Vision Solar, a full-service renewable energy company with headquarters in Pennsylvania, is leveraging the simplicity and reliability of Enphase products to deliver outstanding customer experiences as it expands its business nationally. Vision Solar serves residential solar customers in Arizona, New Jersey, and Pennsylvania. The company makes the process of adding solar energy seamless by providing a full-service customer experience, from design through architecture, engineering, permitting, installation, and activation. Vision Solar customers can rely on their dedicated solar concierge for information about installation status and timelines, education about their new system's operation, how to get the most out of the Enphase Enlighten energy management platform, and answers to technical and support questions.
IMMP

Hot Stocks

08:36 EST Immutep announces European patent grant for LAG525 antibody - Immutep announced the grant of patent no. 3116909 entitled "Antibody molecules to LAG-3 and uses thereof" by the European Patent Office. The claims of the patent are directed to LAG525, and to the use of LAG525 in the treatment of cancer and infectious disease. LAG525 is a humanised form of Immutep's IMP701 antibody that was originally developed by Immutep, a wholly owned subsidiary of the Company. The patent is co-owned by Novartis AG and Immutep S.A.S. and will expire on 13 March 2035.
RBBN

Hot Stocks

08:33 EST Ribbon Communications to acquire ECI Telecom Group in cash and stock deal - Ribbon Communications announced that it has entered into an agreement to acquire, through a merger, ECI Telecom Group, a global provider of end-to-end packet-optical transport and SDN/NFV solutions for service providers, enterprises, and data center operators, for 32.5M shares of Ribbon common stock and $324M of cash. ECI stockholders will also receive approximately $31M from ECI's sale of real estate assets. Under the terms of the merger agreement, Ribbon will acquire all outstanding equity of ECI. Ribbon will issue 32.5M shares of its common stock to ECI stockholders and provide $324M of net cash consideration. ECI stockholders are expected to own approximately 23% of the combined company on a fully diluted basis. Cash consideration is expected to be financed through cash on hand and committed debt financing consisting of a new $400M term loan facility and new $100M revolving credit facility, which is projected to be undrawn at close. The new facilities will retire Ribbon's existing credit facility. In addition, ECI stockholders will also receive approximately $31M from ECI's sale of real estate assets. The proposed transaction has been unanimously approved by Ribbon's board of directors and is subject to the approval of Ribbon's stockholders, regulatory approvals and customary closing conditions. Ribbon anticipates the acquisition will close in the first quarter of 2020. Ribbon's corporate headquarters is expected to remain in Westford, Massachusetts.
GIFI MDR

Hot Stocks

08:33 EST Gulf Island Fabrication appoints Richard Heo as CEO - Gulf Island Fabrication announced that the Company's Board of Directors has appointed Richard Heo as President and CEO. Richard has also been appointed to serve as a Director of the Company. He will replace Kirk Meche, who has served as the Company's President and CEO since 2013. As previously announced, Kirk will assist the Company with the leadership transition. Most recently, he served as Senior Vice President of North, Central and South America for McDermott International (MDR).
CLSN

Hot Stocks

08:31 EST Celsion says has cash runway well into 2021 - Celsion commented on its Common Stock Purchase Agreement with Aspire Capital Fund, LLC. On October 28, 2019 Celsion entered into a new Common Stock Purchase Agreement with Aspire Capital Fund, LLC. whereby Aspire is committed to purchase an aggregate of $10 million of shares of the Company's common stock over a two-year period. Celsion filed a Form S-1 to register up to 4.5 million shares under this facility, which replaces an earlier agreement. The sale of these securities is at the discretion of Celsion alone. Given market conditions, the Company has little or no intention of using this facility at this time. Celsion reiterates its past comments regarding its strong balance sheet, and notes that based on its previously disclosed cash position at June 30, 2019, it believes that it has a cash runway well into 2021.
RBBN

Hot Stocks

08:31 EST Ribbon Communications to acquire ECI Telecom Group in cash and stock deal
CLSN

Hot Stocks

08:30 EST Celsion announces publication of research on fluorescence imaging of ThermoDox - Celsion Corporation announced that results from an independent study of a lyso-thermosensitive liposomal doxorubicin was published in the peer-reviewed publication, International Journal of Hyperthermia showing that real-time fluorescence imaging can visualize uptake of LTLD during delivery, and can predict tumor drug uptake in response to heat. ThermoDox is Celsion's heat-activated liposomal formulation of doxorubicin currently in Phase III development for the treatment of primary liver cancer, also known as hepatocellular carcinoma. These data clearly show that high concentrations of tumor fighting doxorubicin can be delivered at unprecedented levels to tumors using ThermoDox and targeted heat. This helps explain why the Phase III HEAT Study subgroup data is so impressive. The study is titled, "Real-time fluorescence imaging for visualization and drug uptake prediction during drug delivery by thermosensitive liposomes." The group used a LTSL-Dox to perform their experiments and confirmed several characteristics of the compound and its delivery mechanism that support the use of ThermoDox plus radiofrequency ablation in the treatment of HCC, as visualized by fluorescent imaging. Researchers used a custom designed hyperthermal probe to heat the tumors in nude mice carrying Lewis lung carcinoma. Key findings were as follows: Fluorescence Intensity Tumor Region of Interest of heated tumors was enhanced: 4.6-fold; 9.3-fold; 13.2-fold. Tumor doxorubicin concentration of heated tumors was enhanced: 1.9-fold; 2.9-fold; 5.2-fold. Fluorescence intensity of LTSL-Dox increased by: 6% when heated to 40 degrees C; 11% when heated to 43 degrees C. There was a good correlation between fluorescence of tumor and tumor drug uptake. Heat duration predicted tumor drug uptake.
RBBN

Hot Stocks

08:30 EST Ribbon Communications trading halted, news pending
AZRX

Hot Stocks

08:27 EST AzurRx BioPharma announces equity purchase agreement for up to $15M - AzurRx BioPharma announced that it has entered into a $15 million common stock purchase and registration rights agreement with Lincoln Park Capital Fund. U.nder the purchase agreement, AzurRx will have the right to sell up to $15M of its stock to Lincoln Park over a 30-month period, upon satisfaction of the conditions in the purchase agreement, including after a registration statement registering the resale of shares to be sold to Lincoln Park under the purchase agreement is declared effective by the Securities and Exchange Commission. AzurRx, from time to time over a 30 month period, will have the right, at its sole discretion, to sell up to $15M of its stock to Lincoln Park. AzurRx will control the timing and amount of any sales to Lincoln Park, and Lincoln Park is obligated to make purchases in accordance with the purchase agreement. Any common stock that is sold to Lincoln Park will occur at purchase prices that correlate to the Company's prevailing market prices at the time of each sale and with no upper limits to the price Lincoln Park may pay to purchase such common stock. As part of the agreement, Lincoln Park has agreed not to cause or engage in any direct or indirect short selling or hedging of the Company's common stock. No warrants are being issued in this transaction, and there are no limitations on the Company's use of proceeds from sales to Lincoln Park under the purchase agreement. Furthermore, the purchase agreement does not contain any rights of first refusal, participation rights, penalties or liquidated damages provisions in favor of any party. The agreement may be terminated by AzurRx at any time, in its sole discretion, without any additional cost or penalty.
MTEM

Hot Stocks

08:25 EST Transitional Research in Oncology initiates Phase I study for MT-5111 - Translational Research in Oncology announced enrollment of the first patient in a Phase I study with its partner Molecular Templates. This Phase I first-in-human study is an open-label, dose escalation and expansion study of MT-5111 given as monotherapy in subjects with HER2-positive solid tumors. The primary objective of the trial is to evaluate the safety and tolerability and determine the recommended Phase II dose of MT-5111 in subjects with advanced HER2-positive solid tumors.
DLTH

Hot Stocks

08:20 EST Duluth Holdings enters Tennessee with two new stores - Duluth Holdings announced the grand openings of its 60th store in Franklin, Tennessee located at 1725 Galleria Blvd. on November 14th, and its 61st store in Knoxville, Tennessee, located at 116 N. Cedar Bluff Road on November 15th.
NOK VMW

Hot Stocks

08:19 EST Nokia, VMware expand partnership for large-scale, multi-cloud operations - Nokia (NOK) and VMware (VMW) announced an expanded partnership that includes the development of integrated solutions to support communications service providers' drive for operational improvements and cost efficiency through large-scale, multi-cloud operations. After years of working with virtual or cloud-based network functions in limited production deployments, CSPs need to build out these functions at scale to handle the increasing use of new data-intensive applications for tomorrow's 5G and edge computing use cases. Success of this strategy is dependent on seamless interoperability and efficient operations of cloud-based network functions. VMware and Nokia have a broad mutual customer base globally, across both companies' portfolios. Through the expanded partnership announced today, the two companies will advance the interoperability between Nokia software applications and VMware's Telco Cloud, including VMware vCloud NFV. Nokia and VMware will also increase their investments in a deeper partnership with technology collaboration and advanced research & development to develop integrated solutions. As a result, CSPs will be able to more easily meet their business and use case objectives, using VMware cloud infrastructure that is engineered to work together with Nokia virtualized and containerized network functions. Nokia and VMware have been working together to create seamless cloud redundancy by running Nokia's applications, such as Nokia Service Management Platform, on VMware's Telco Cloud platform and VMware HCX, an application mobility platform designed for simplifying application migration, workload rebalancing, and optimized disaster recovery across data centers and clouds. This will enable customers to embrace a multi-cloud strategy to unify network and IT environments and connect them to private enterprise clouds, edge clouds, and public clouds. Nokia will continue to focus on the technical certification of Nokia VNFs and software applications on VMware vCloud NFV platform through a dedicated, on-site VMware Ready for NFV Certification Lab. The new lab includes performance characterization to enable CSPs to properly configure their technology environments for the best results. With the Certification Lab, Nokia and VMware will serve customers in an accelerated fashion, keeping pace with new features and releases and enabling better roadmap alignment between the two companies' portfolios.
LPTH

Hot Stocks

08:19 EST LightPath awarded $5M supply agreement renewal - LightPath announced it has been awarded a renewal of an annual supply agreement valued at $5M. The contract is for the purchase of a variety of infrared, or IR, optical lens elements by a major commercial infrared vision products customer. The agreement includes an option to increase the contract to $6M upon the acceptance of new designed chalcogenide lenses within 6 months from the date of the contract. Products under this contract will be shipped over the next 12 months beginning in December. This supply agreement from the industrial market is for commercial hand-held thermal monocular and thermal weapon-sight lenses to be supplied to a European manufacturer of night vision and thermal cameras. LightPath's optics will be used on cameras and other sporting and outdoor products designed for search and rescue, nature observation, hunting, maritime navigation and other commercial applications.
ASCK

Hot Stocks

08:17 EST Auscrete announces 1-for-200 reverse stock split - Auscrete Corporation announced that it was performing a one for two hundred reverse stock split. This move was approved at a Company meeting recently. Company CEO, John Sprovieri, stated that, "Past problems for ASCK stemmed from using a convertible note for capital reflects the difficulty of obtaining investment financing when needed. ASCK has had to use backup funding from these sources and, as happened in the past, note holders ran rampant creating significant increases in the Company's issued stock. Fortunately, the notes are now all but completely exhausted" The adjustment only affects the number of shares per shareholder, while the equity per shareholder remains the same. It will make for a quicker move back to the OTC.QB thereby opening the Company's market to a much larger audience. This is in keeping the Company's mission of utilizing any and all opportunity that presents itself to enhance shareholder values for both near and long-term holders. The stock symbol, for the next 20 business days will carry the letter "D", as in ASCKD. After that, the "D" will drop off and the ASCK symbol returns. The company said, "The Board of Directors are looking past the split with optimism with of forecasts to be disclosed soon. Auscrete recently delivered the building panels for a 1520 sq. ft house locally using the former manufacturing equipment while waiting for their new equipment to arrive."
NTWK

Hot Stocks

08:15 EST NetSol Technologies announces first North American customer for NFS Ascent - NETSOL Technologies announced that it has secured a contract with SCI Lease Corp, a Canadian-based national automotive leasing company, for the deployment of its NFS Ascent Contract Management System (CMS) on the cloud. This contract represents NETSOL's first official sale of NFS Ascent in the North American market and also the first Software-as-a-Service based agreement for Ascent in this region.
BNTX

Hot Stocks

08:14 EST BioNTech expects to report data from Phase 1 trial of BNT114 in 1H20
BNTX

Hot Stocks

08:13 EST BioNTech expects to initiate Phase 2 trial of BNT113 in 2H20
BNTX

Hot Stocks

08:13 EST BioNTech expects to initiate Phase 1/2 trial of BNT112 in 2H19
BNTX

Hot Stocks

08:12 EST BioNTech expects to initiate Phase 2 trial of BNT111 in 2020 - The company said, "We expect to initiate both a Phase 2 trial and a registrational, randomized Phase 3 trial for BNT111 in 2020."
XRF

Hot Stocks

08:12 EST China Rapid Finance achieves key milestones for continued listing - China Rapid Finance announced two developments that mark significant progress in regaining compliance with the New York Stock Exchange's Continued Listing requirements. The Company completed its 2018 financial statement audit and filed its 2018 Annual Report on Form 20-F with the U.S. SEC. In addition, the company instructed its Depositary Bank to implement a ratio change for its American Depositary Shares. The new ratio will be 10 Class A ordinary shares per one ADS. The company expects the effective date for the ratio change will be on or around December 2, 2019; however, the exact date could change depending on the timing of SEC approval. Finally, the company announced that Dr. Po Wang will now focus on new business development in order to accelerate the company's growth and planned return to profitability. As a result, Dr. Wang's title was changed from Co-CEO to Executive Vice-President, New Ventures. Dr. Wang will remain on the Board as an executive director. A key element of the company's recovery plan is to partner with multiple financial services enterprises that can leverage the company's "decision-making" technology to better serve their large customer bases.
BNTX

Hot Stocks

08:11 EST BioNTech expects to initiate Phase 1/2a trial of BNT411 in 1H20
BNTX

Hot Stocks

08:11 EST BioNTech expects to re-initiate Phase 1/2 trial of BNT321 in Q4
JAGX

Hot Stocks

08:10 EST Jaguar Health announces HALT-D study allowed to enroll to completion - Jaguar Health announced that Georgetown University's Data Safety Monitoring Committee, or DSMC. has reviewed the interim analysis for futility for the third-party, investigator-initiated Phase 2 HALT-D study evaluating the effectiveness of Mytesi for symptomatic relief in HER2 positive breast cancer patients receiving chemotherapy with trastuzumab, pertuzumab, and docetaxel or paclitaxel or trastuzumab, pertuzumab, carboplatin, and docetaxel. The DSMC has notified the Principal Investigator that the Study is allowed to enroll to completion. Enrollment in the Study now exceeds 85%, and the treatment period for each patient is 3 months. As previously announced, the protocol for the HALT-D Study is a randomized, 1:1, stratified, open-label phase II study in patients with HER2 positive breast cancer receiving trastuzumab, pertuzumab, and docetaxel or paclitaxel with or without carboplatin in any setting for three cycles. Mytesi tablets are administered daily at an oral dose of 125 mg twice daily during cycles 1 and 2 of the treatment period. The endpoints to be analyzed are the total number of patients with all grade diarrhea for two or more consecutive days during cycles 1 and 2 and additional exploratory endpoints. The study, which is sponsored by Georgetown University and funded by Genentech, called for an interim analysis for futility when the study enrollment reached 50%. This interim analysis has now been completed and the Georgetown DSMC has indicated to the principal investigator that the study is allowed to enroll to completion.
CME

Hot Stocks

08:10 EST CME Group to launch Block Cheese futures and options in January, 2020 - CME Group announced that it will launch Block Cheese futures and options in January 2020, pending regulatory review. The new futures and options contracts will be cash-settled to the monthly average price for 40-lb. block cheddar cheese as reported by the USDA's National Dairy Products Sales Report with each contract representing the equivalent of 20,000 pounds of block cheddar cheese and the tick size of $0.001 per pound. Block Cheese futures and options will be listed with and subject to the rules and regulation of CME.
TROV

Hot Stocks

08:09 EST Trovagene reports 'positive' results from Phase 2 study of onvansertib/Zytiga - Trovagene announced new positive data from its Phase 2 trial evaluating onvansertib in combination with Zytiga. The data are being presented at the European Multidisciplinary Congress on Urological Cancers in Vienna, Austria. "The new data shared today builds upon the encouraging clinical response seen to date when onvansertib is added to treatment in patients who have developed resistance to androgen receptor signaling inhibitor, Zytiga," said Dr. Mark Erlander, Chief Scientific Officer of Trovagene. "Of particular significance are the positive results we are observing in patients who harbor the highly aggressive, resistant variant of the androgen receptor. These patients are resistant to ARS inhibitors including Zytiga and Xtandi and their therapeutic options are not only limited, but often ineffective. We believe the addition of onvansertib has the potential to deliver transformative benefit to patients with mCRPC by extending the duration of response to treatment with ARS inhibitors."
RUBY

Hot Stocks

08:07 EST Rubius expects to report data from Phase 1b trial of RTX-134 in 1Q20
RUBY

Hot Stocks

08:06 EST Rubius Therapeutics sees cash runway into 2021 - As of September 30, 2019, cash, cash equivalents and investments were $324.7 million as compared to $404.1 million as of December 31, 2018, providing Rubius with a cash runway into 2021. During the year, the Company used $81.5 million of cash to fund operations and $27.4 million to fund capital expenditures, including work related to the buildout of Rubius' manufacturing facility. In addition, during the year, the Company drew down a second tranche of $25.0 million from its $75.0 million loan agreement with Solar Capital in June 2019, which leaves a third tranche of $25.0 million that can be drawn through June 2020, subject to the satisfaction of certain financial covenants.
INSM

Hot Stocks

08:06 EST Insmed names Roger Adsett as COO, effective immediately - Insmed announced the promotion of Roger Adsett, the company's Chief Commercial Officer, to COO, effective immediately. In addition to his current responsibilities, Adsett will now assume responsibility for Insmed's overall business operations on a global basis in this newly created role. Adsett will continue to report to Will Lewis, Chairman of the Board and CEO of Insmed.
PHAS

Hot Stocks

08:04 EST PhaseBio expects to report PB1046 Phase 2b trial results in 2H20
PHAS

Hot Stocks

08:04 EST PhaseBio expects to initiate Phase 3 trial of PB2452 in 1Q20
VBIV

Hot Stocks

08:04 EST VBI Vaccines announces first patient dosed in BRII-179 study - VBI Vaccines and Brii Biosciences announced the first patient dosed in a Phase 1b/2a proof-of-concept study of BRII-179 , or VBI-2601, a novel recombinant, protein-based immuno-therapeutic candidate in development for the treatment of chronic hepatitis B virus infection.
PHAS

Hot Stocks

08:03 EST PhaseBio expects presentation of PB2452 Phase 2a results in 1H20
VTGN

Hot Stocks

08:00 EST VistaGen Therapeutics trading resumes
VCNX

Hot Stocks

07:57 EST Vaccinex announces award notice from the Alzheimer's Association - Vaccinex announced that it received notice of a $750,000 grant from the Alzheimer's Association under the 2020 Part the Cloud Program to evaluate its lead drug candidate, pepinemab, in Alzheimer's Disease. Eric Siemers, MD, will serve as Senior Medical Director of this 60 subject, randomized, placebo-controlled, multi-center clinical study which is expected to start enrolling in 2Q 2020. Top-line data is anticipated late 2021/early 2022. Vaccinex's plan for this study is based on evidence from Cohort A of its ongoing "SIGNAL" clinical trial in Huntington's disease that showed treatment with pepinemab prevented the characteristic loss of glucose transport in the brain during underlying HD disease progression as detected by conventional FDG-PET imaging. Uptake of glucose, the main source of energy in the brain, is also known to decline with underlying disease progression in Alzheimer's disease. In particular, previous studies in AD have shown that decline in glucose transport correlates with cognitive decline and, more recently, that FDG-PET is a superior indicator of cognitive performance compared to Abeta amyloid-PET in AD. Based on supporting preclinical data, Vaccinex believes that FDG-PET is a biomarker of underlying pathogenic transformation of astrocytes from normal function to an inflammatory state in which, among other important changes, they abandon their normal role in glucose transport. The important pathogenic role of inflammatory transformation of glial cells such as astrocytes in neurodegenerative disease progression has become the focus of considerable attention in AD research in recent years.
BSGM

Hot Stocks

07:56 EST BioSig Technologies issues November 2019 shareholder letter - BioSig Technologies announced that the Company has issued its November 2019 Shareholder Letter. Shareholder Letter highlights include: Commercialization plans that include the installation of PURE EP Systems at up to 9 centers throughout the U.S. in the first half of 2020; Updates on Texas Cardiac Arrhythmia Institute's evaluation of clinical cases; Further PURE EP System installations are scheduled to begin at the University of Pennsylvania in Philadelphia and at Mayo Clinic in Jacksonville before year end; Clinical trial with the PURE EP System to commence in November 2019; The Company's subsidiary, NeuroClear Technologies, Inc., raised $3.7 million in initial funding; New licensing agreement with Mayo Clinic and the opening of a new corporate office in Rochester, MN to support our Mayo collaboration; Presented first clinical observations at Venice Arrhythmias 2019, a distinguished industry event held every two years in Italy, and at the 14th Annual International Symposium on Ventricular Arrhythmias: Pathophysiology & Therapy; Additions of key personnel and a new Board member and updates to our intellectual property portfolio.
RVVTF

Hot Stocks

07:50 EST Revive Therapeutics announces joint venture with Herman Holdings - Revive Therapeutics announced that it has entered into a definitive agreement to form a Joint Venture Partnership with Herman Holdings for the purpose of developing, producing, distributing, marketing and selling cannabis derivative products for the Canadian recreational cannabis market. The JV will formulate and develop all-natural gummies and solvent-less rosin vape cartridges with pesticide-free, non-irradiated flower supplied by our newly licensed partner Richmond Cannabis Co. and will also manufacture white labeled products for other cannabis companies for the Canadian market. The partnership is further enhanced with Joshua Herman joining Revive's Board at December's Annual General Meeting, if elected by shareholders.
TNYBF

Hot Stocks

07:49 EST Tinley Beverage Company appoints Baron Davis to advisory board - The Tinley Beverage Company Inc. is pleased to announce that NBA All-Star and early stage Vitaminwater investor Baron Davis has joined Tinley's Advisory Board. In this role, Baron will lend expertise by advising on marketing and promotion, co-packing and co-branding opportunities, and product development strategies. As Baron's participation increases in parallel with the industry's maturation, the expectation is that Tinley will plug into Baron's portfolio, studio and network to spur exponential growth, with the initial collaboration coming via SLIC, with whom Tinley is developing its first podcast idea, "So Faded," an edgy, celebrity driven mix of fun, culture, and comedy in which Tinley products will feature prominently. Contemporaneous with this appointment, Tinley will today be closing a non-brokered private placement raising gross proceeds of $500,000 from the issue and sale of 1,250,000 units. Each Unit is being purchased for $0.40 and is comprised of one common share of Tinley and one common share purchase warrant. Each Warrant is exercisable into one Common Share at a price of $0.60 for a period of 36 months following the closing. The Common Shares, Warrants and Warrant Shares are subject to a statutory hold period of four months and a day from the date of closing. In connection with the Offering, Tinley is paying to Echelon Wealth Partners Inc. a commission of 7% of the gross proceeds raised in the Offering and a number of broker unit options equal to 7% of the number of Units sold in the Offering. Each Broker Unit Option entitles Echelon to acquire one Unit at an exercise price of $0.40 for a period of 36 months following the closing of the Offering with each Broker Unit comprised of one Common Share and one Warrant. The Common Shares, Warrants and Warrant Shares are subject to a statutory hold period of four months and a day from the date of closing.
GHSI

Hot Stocks

07:48 EST Guardion Health Sciences sees adequate funding for operations through Dec. 2020 - Management believes that with net proceeds raised of approximately $12.1 million from the August and October offerings that the Company has adequate funding to pursue its planned business initiatives and operations through at least December 31, 2020.
EYPT

Hot Stocks

07:44 EST EyePoint appoints George Elston as CFO, head of corporate development - EyePoint Pharmaceuticals announced the appointment of George Elston as CFO and Head of Corporate Development. Elston has previously been a consultant to the Company and will now transition into this permanent role effective immediately. In this role, Elston will lead the Company's financial, capital markets, and corporate development initiatives. Elston most recently served as CFP and Head of Corporate Development at Enzyvant Therapeutics.
CTRA

Hot Stocks

07:37 EST Contura Energy cuts FY19 coal shipments view to 23.2M-24.6M from 23.9M-25.6M - "The company is adjusting its total 2019 coal shipments guidance to a range of 23.2 million to 24.6 million tons, from the previously announced range of 23.9 million to 25.6 million tons. CAPP - Met coal guidance is reduced to a range of 12.4 million to 13.0 million tons, from 12.8 million to 13.7 million tons, due to softer market conditions, especially in Europe and South America. NAPP shipments are now expected to be between 6.5 million and 6.9 million tons in 2019, down from 6.8 million to 7.2 million tons. The guidance range for CAPP - Thermal shipments remains unchanged at 4.3 million to 4.7 million tons."
ETTX

Hot Stocks

07:34 EST Entasis Therapeutics expects data from Phase 3 trial of zoliflodacin in 2021 - In September, the Global Antibiotic Research and Development Partnership initiated the global Phase 3 pivotal trial of zoliflodacin for the treatment of uncomplicated gonorrhea. The randomized, open label trial will enroll approximately 1,000 adults with urogenital gonorrhea at clinical trial sites in the United States and internationally and will assess the safety and efficacy of zoliflodacin versus the combination of azithromycin and ceftriaxone, the current standard of care. Our partner GARDP is fully funding and sponsoring the trial, and in return we have provided them with exclusive commercial rights in low to select middle income countries. A data readout from the Phase 3 pivotal trial is expected in 2021.
VTGN

Hot Stocks

07:34 EST VistaGen says AV-101 did not differentiate from placebo on Phase 2 endpoint - VistaGen Therapeutics announced topline results from the ELEVATE study, a Phase 2 study of AV-101, its NMDA receptor glycine site antagonist, as an adjunctive treatment of major depressive disorder . In this study, the AV-101 treatment arm did not differentiate from placebo on the primary endpoint. As in prior clinical studies, AV-101 was well tolerated, with no psychotomimetic side effects or serious adverse events. "While we are disappointed with the topline results of the study, it is possible that efficacy may have been compromised by either insufficient transport of AV-101 across the blood brain barrier or subsequent inadequate concentrations of its active metabolite, 7-Cl-KYNA, in the brain. We will continue to examine the full dataset from this study to evaluate effects on other endpoints and pharmacokinetics, as well as consider both the upcoming results from a target engagement study and the potential impact of compelling new evidence from recent preclinical studies demonstrating substantial concentration increases of AV-101and 7-Cl-KYNA in the brain in rodent studies when AV-101 is administered in combination with probenecid, an FDA-approved anion transport inhibitor used adjunctively with numerous well-established medications to enhance efficacy," said Shawn Singh, CEO of VistaGen.
ETTX

Hot Stocks

07:33 EST Entasis Therapeutics expects cash to provide runway into 4Q20 - As of September 30, 2019, cash, cash equivalents and short-term investments were $48.8 million, compared to $59.5 million as of June 30, 2019. The Company believes its current cash position, together with earned milestones from our collaboration with Zai Lab Limited, provides a cash runway into the fourth quarter of 2020. Additionally, the Company signed a $20 million common stock purchase agreement with Aspire Capital Fund, LLC on October 21, 2019.
WMT

Hot Stocks

07:32 EST Walmart continuing to assess ongoing civil unrest in Chile - Walmart continues to assess the ongoing civil unrest in Chile and has not included any related potential discrete financial effects in its assumptions.
ALEAF

Hot Stocks

07:31 EST Aleafia receives Health Canada approval to expand processing at Paris facility - Aleafia Health's wholly owned subsidiary, Emblem Cannabis Corp., has secured two Health Canada licence amendments that expand processing capacity, allowing for the sale of new product formats at its Paris Processing facility. The amendments apply to the licensed and operational Paris location, which processes all of the Company's extraction, packaging and order fulfilment for Canadian and international sales. As a result of the licence amendments, the Company is now authorized to produce and sell new product formats and has adequate, licensed production space to do so. The first Licence Amendment vastly increases the Company's ability to produce finished cannabis products by authorizing activities including extraction, packaging and labeling in four rooms that were previously only authorized for cannabis cultivation. The amendment doubles the Paris Facility's licensed processing space. The second Licence Amendment permits the Company to produce and sell edibles, topicals and extracts to the Canadian market. Following the issuance of the amended licence and closing of corresponding application, the Company submitted its final Site Evidence Package to Health Canada for the Phase II expansion of its Paris Processing facility. The final stage in the Company's licence amendment application for the proposed expansion, the SEP demonstrates that the facility is operational ready and meets all Health Canada requirements. The Paris Phase II expansion, a 30,000 sq. ft. facility, is entirely dedicated to the extraction, production, packaging and distribution of high-margin, value-added cannabis health and wellness products. The expansion is purpose-built to meet European Union Good Manufacturing Practices certification requirements. EU-GMP certified facilities demonstrate the highest level of pharmaceutical-grade quality, and securing the certification will allow Aleafia Health to begin exporting medical cannabis products to the European Union market.
XCUR

Hot Stocks

07:30 EST Exicure Inc trading resumes
CURR

Hot Stocks

07:27 EST CURE Pharmaceutical purchases promissory note issued by Coeptis Pharmaceuticals - CURE Pharmaceutica announced that it purchased a $200,000 convertible promissory note issued by Coeptis Pharmaceuticals, Inc., a biopharmaceutical company engaged in the acquisition, development and commercialization of branded 505(b)(2) pharmaceutical products. This note represents an initial step toward a potential acquisition of the company and the exclusive rights to Coeptis' approved drug Consensi, the first fixed-dose combination drug for the treatment of comorbid osteoarthritis and hypertension. CURE and Coeptis entered into a non-binding term sheet in furtherance of an acquisition for which the final terms and valuation are to be determined.
LCUT

Hot Stocks

07:26 EST Lifetime Brands outlines five-year financial objectives at Investor Day - Lifetime Brands will host its 2019 Investor Day, where it will provide an update on the significant progress made on the Company's strategic transformation and its long-term financial goals. The company said, "In presentations, Lifetime Brands will provide more detail on the areas of its business that are expected to drive meaningful value creation for shareholders, including: A leading portfolio of strong, recognizable brands with multi-channel growth opportunities in core end markets; Significant opportunities in adjacent durables categories for growth above end market growth rates; A best-in-class innovation engine to strategically drive growth and maintain industry leadership; A more focused and efficient global platform with scale and enhanced operational effectiveness; and Strong cash flow generation to enable financial flexibility. In presentation, Lifetime Brands will outline the following five-year financial objectives, which include non-GAAP financial measures; Revenues $900+ million; Adjusted EBITDA $90+ million; Adjusted EBITDA Margin 10%; Sales Growth - Organic 2%; Sales Growth - with Food Service 4%; Capital Expenditures $6 million to 8 million; Cumulative Cash Flow $200 million to 215 million; Leverage Ratio Less than 3x."
VTGN

Hot Stocks

07:25 EST VistaGen Therapeutics trading halted, news pending
WMT

Hot Stocks

07:24 EST Walmart says 'we feel good about the quality of our inventory position' - "Comp store inventory was up 2.7% and total inventory increased 1.7% on net sales growth of 3.2%. This was due in part to strategic investments in certain categories and eCommerce. We feel good about the quality of our inventory position."
BCLI

Hot Stocks

07:23 EST BrainStorm announces research grant award from National MS Society - BrainStorm Cell Therapeutics announced that the Company has received a $495,330 grant from the National Multiple Sclerosis Society, through its Fast Forward program, to advance BrainStorm's Phase 2 open-label, multicenter clinical trial of repeated intrathecal administration of NurOwn in participants with progressive Multiple Sclerosis.
WMT

Hot Stocks

07:23 EST Walmart up 3.1% at $124.80 per share after Q3 earnings beat and raised FY20 view
ONEXF

Hot Stocks

07:22 EST ONCAP partners with Enertech to acquire company from Tower Arch Capital - ONCAP announced it has partnered with the management team of Enertech Holdings to acquire the company from Tower Arch Capital. Enertech is a leading provider of wireless infrastructure services to telecommunications carriers and tower owners throughout the Southern, Central and Pacific Northwest regions of the United States. The company goes to market under three regional brands: Enertech Resources, EasTex Tower, and Legacy Telecom, all of which provide network densification, structural modifications, technology upgrades, and repairs and maintenance services. Headquartered in New Braunfels, Texas, Enertech employs more than 470 people across 14 facilities located throughout the United States. The investment was made by ONCAP IV, Onex Corporation's $1.1B fund. The terms of the transaction are not being disclosed.
SAIC

Hot Stocks

07:22 EST SAIC awarded over $41M Army IT contract - The U.S. Army selected SAIC to modernize its information technology, or IT, infrastructure by migrating enterprise applications to a cloud environment. The Army Human Resources Command Cloud Computing Environment contract is worth more than $41M over three years and was competed under the Information Technology Enterprise Solutions - 3 Services contract. The contract calls for SAIC to assess, modernize, and migrate 89 Army Human Resource applications to a commercial cloud solution. By modernizing its IT, the Army will refactor, re-architect, rebuild and/or replace internal application components, which results in improved cybersecurity and application performance, lower total cost of ownership, and/or lower operations and maintenance costs.
AVXL

Hot Stocks

07:19 EST Anavex receives Rare Pediatric Disease designation for ANAVEX 2-73 - Anavex Life Sciences announced that it received the Rare Pediatric Disease designation from the U.S. Food and Drug Administration for ANAVEX 2-73 for the treatment of Rett syndrome, a rare genetic neurological disorder associated with severe physical and cognitive impairments that afflicts mostly girls.
TRIL

Hot Stocks

07:16 EST Trillium Therapeutics seeking partner for further development of TTI-10001 - The Company presented updated preclinical data from its STING program at the Society for Immunotherapy of Cancer annual meeting in Washington, D.C, on November 9, 2019. The data demonstrate that TTI-10001, the Company's lead small molecule STING agonist, is well tolerated in mice by intravenous and oral administration, and induces durable complete regressions of tumors and immunologic memory by both routes of administration. These data highlight the potential of TTI-10001 to achieve best-in-class status among next generation STING agonists. The Company is currently seeking a partner for further development of this molecule.
WMT

Hot Stocks

07:11 EST Walmart sees FY20 tax rate 25%-25.5% - Expectations for the dilution from Flipkart remain unchanged, excluding a non-cash impairment charge. Comments taken from Q3 earnings conference call.
WMT

Hot Stocks

07:11 EST Walmart reports Q3 Sams Club SSS up 06.% - Q3 Sam's Club comp sales increased 0.6%, and eCommerce sales grew 32%. Reduced tobacco sales negatively affected comp sales by 350 basis points. Net sales at Walmart International were $29.2B, an increase of 1.3%. Excluding currency, net sales were $30.2B, an increase of 4.8%. The inclusion of Flipkart and strength in Walmex and China were partially offset by softness in the U.K. Operating income declined 5.4%, or 4.1% in constant currency due in part to a non-cash impairment charge for Walmart International. Excluding the impairment charge, operating income would have increased slightly. As expected, the inclusion of Flipkart negatively affected operating income.
MDWD

Hot Stocks

07:11 EST MediWound expects to initiate EscharEx Phase 2 study in Q4 - Launched the next stage of the U.S. clinical development program for EscharEx, the Company's topical biological drug candidate for the debridement of chronic and hard-to-heal wounds, with plans to initiate patient treatment in an adaptive design Phase 2 study in Venus Leg Ulcer in the fourth quarter of 2019.
MDWD

Hot Stocks

07:10 EST MediWound expects $10M-$12M in cash use in 2019 - The company said, "As of September 30, 2019, the Company had cash, cash equivalents and short-term bank deposits of $32.9 million, compared with $23.6 million at December 31, 2018. The Company remained on budget, utilizing $9.2 million in the first nine months of 2019 for its operational activities. Throughout the remainder of 2019, the Company will continue to invest primarily in research and development efforts for EscharEx, while NexoBrid research and development programs will be funded by BARDA. We now expect cash use in 2019 to be in the range of $10.0 million to $12.0 million, including NexoBrid license related payments and repayment of contingent liabilities, lower than the Company's previous guidance for 2019 of $12.0 million to $14.0 million."
CSIQ

Hot Stocks

07:09 EST Canadian Solar announces partnership with Korea Electric Power - Canadian Solar announced that it has sold 49% interest in three solar photovoltaic projects in Mexico totaling 370 MWp to Korea Electric Power, South Korea's largest electric utility, and Sprott Korea, a leading fund manager. KEPCO and Sprott acquired the interests in the Horus, Tastiota and El Mayo projects located in the states of Aguascalientes and Sonora. Under the agreement, KEPCO and Sprott will acquire Canadian Solar's remaining interest in the projects following their commercial operation date. Canadian Solar developed the three projects and will supply the modules and manage the projects' construction. Horus construction is under way with COD expected in Q2 2020, Tastiota and El Mayo COD is expected in Q1 2021. Once operational, the projects are expected to generate 900 GWh of clean electricity annually, enough to power 206,000 households and offset 524,000 tons of carbon dioxide emission each year. The electricity generated will be sold under 15-year power purchase agreements for energy and capacity and 20-year for Clean Energy Certificates awarded in November 2017 in the third government auction organized by CENACE. The transaction marks KEPCO and Sprott's first investment in the solar market in Mexico and the second transaction with Canadian Solar following the acquisition of the Astoria, Astoria 2, and Barren Ridge projects in the U.S. in 2018.
VBLT

Hot Stocks

07:07 EST VBL Therapeutics continues to advance development of MOSPD2 antibodies - VBL continues to advance the development of lead MOSPD2 antibodies towards IND applications in inflammation and in oncology, expected by year-end 2020. The Company has signed a service agreement with Thermo Fisher Scientific, one of the leading vendors in the antibody field, for production of lead candidate VB-601 for toxicology and clinical development.
VBLT

Hot Stocks

07:06 EST VBL Therapeutics expects to begin NCI-sponsored trial of VB-111 by year-end - An NCI-sponsored trial of VB-111 in colon cancer is expected to begin by year-end 2019. Based on the potential of VB-111 to turn immunologically "cold" tumors "hot", as seen in ovarian cancer biopsies, the new study will evaluate for the first time a combination of VB-111 and a checkpoint inhibitor in colon cancer, a cold tumor in which checkpoints inhibitor are ineffective for the vast majority of patients.
WMT

Hot Stocks

07:06 EST Walmart reports Q3 U.S. SSS up 3.2% - Q3 U.S. comp sales increased on a two-year stacked basis by 6.6%.
BIIB ALKS

Hot Stocks

07:05 EST MS Society asks Biogen, Alkermes to keep Vumerity price raises below inflation - The National Multiple Sclerosis Society released a statement on Biogen (BIIB) and Alkermes' (ALKS) decision to price Vumerity at an annualized rate of $88,000. It reads, "Vumerity is an efficacious and tolerable treatment option for people with relapsing MS, but being priced only $500 lower than the least expensive oral disease modifying treatment, does not show the commitment to affordable access that we had hoped. We know that high wholesale acquisition cost prices for MS disease modifying treatments put a heavy burden on people with MS. Too many are forced to take on high out-of-pocket costs, navigate through complex systems, and face varied and unpredictable decisions by public and private payers and pharmacy benefit managers. Biogen's other oral MS product, Tecfidera, has increased in price by $40,000 since its launch in 2013. We urge Biogen and Alkermes to publicly commit to keeping price increases lower than the rate of inflation."
VBLT

Hot Stocks

07:05 EST VBL Therapeutics expects cash to fund requirements for two years - At September 30, 2019, the Company had cash, cash equivalents, short-term bank deposits and restricted bank deposits totaling $41.1 million and working capital of $34.5 million. The Company expects that its cash, cash equivalents and short-term bank deposits will enable it to fund operating expenses and capital expenditure requirements for approximately two years.
XCUR AGN

Hot Stocks

07:05 EST Exicure, Allergan subsidiary enter collaboration to find hair loss treatments - Exicure (XCUR) announced that Allergan's (AGN) wholly-owned subsidiary, Allergan Pharmaceuticals International and Exicure. have entered into a global collaboration agreement to discover and develop novel treatments for hair loss disorders based on Exicure's proprietary SNA technology. Under the terms of the agreement, Allergan will receive exclusive access and options to license SNA-based therapeutics arising from two collaboration programs related to the treatment of hair loss disorders. Exicure will receive an upfront payment of $25M and will conduct discovery and development in two collaboration programs for hair loss disorders. In the event that Allergan exercises an option, Allergan will be responsible for clinical development and commercialization of the licensed products. Exicure will be eligible to receive development and regulatory milestones of up to $97.5M per program and commercial milestones of up to $265M per program. Exicure will also be eligible to receive tiered royalties on worldwide net product sales of mid-single digit to mid-teens percentages on worldwide net product sales.
FULC

Hot Stocks

07:02 EST Fulcrum Therapeutics expects to file IND for FTX-6058 in mid-2020 - n October 2019, Fulcrum announced progress in the Company's plan to advance the development program for FTX-6058 for the potential treatment of sickle cell disease and beta-thalassemia. Fulcrum has initiated IND-enabling studies for FTX-6058 and anticipates filing an IND in mid-2020. In pre-clinical research, treatment with FTX-6058 was shown to increase HbF levels to ~30% of total hemoglobin as measured by HPLC and mass spectrometry methods in human erythroid progenitor cells from multiple donors.
FULC

Hot Stocks

07:02 EST Fulcrum Therapeutics expects cash to fund requirements into 3Q21 - As of September 30, 2019, cash and cash equivalents were $101.6 million, as compared to $72.8 million as of December 31, 2018. Based on its current plans, the Company expects that its existing cash and cash equivalents, including the proceeds from its July 2019 initial public offering, will be sufficient to enable it to fund its operating expenses and capital expenditure requirements into the third quarter of 2021.
AMRN

Hot Stocks

07:00 EST Amarin announces Nasdaq halts trading of company's shares - Amarin announced that NASDAQ has halted trading of the company's shares. The U.S. FDA Endocrinologic and Metabolic Drugs Advisory Committee, as previously scheduled and announced, is meeting today to openly discuss the company's supplemental New Drug Application seeking a new indication for Vascepato reduce the risk of major adverse cardiovascular events based on the landmark REDUCE-IT cardiovascular outcomes study.
MRK AZN

Hot Stocks

06:57 EST Merck, AstraZeneca: FDA accepts NDA, grants priority review for selumetinib - AstraZeneca (AZN) and Merck (MRK) announced that the U.S. FDA has accepted a New Drug Application and granted priority review for the MEK 1/2 inhibitor selumetinib as a potential new medicine for pediatric patients aged three years and older with neurofibromatosis type 1 and symptomatic, inoperable plexiform neurofibromas. This is the first acceptance of a regulatory submission for an oral MEK 1/2 monotherapy for patients with NF1, a rare and incurable genetic condition. A Prescription Drug User Fee Act date is set for the second quarter of 2020.
XCUR

Hot Stocks

06:56 EST Exicure Inc trading halted, news pending
AMRN

Hot Stocks

06:55 EST Amarin trading halted, news pending
DDAIF

Hot Stocks

06:20 EST Daimler Chairman: Streamlining to negatively impact 2020, 2021 earnings
DDAIF

Hot Stocks

06:20 EST Daimler says Daimler Mobility sees ROE of over 12% in 2020 - Mercedes-Benz Trucks Europe has therefore started to reduce variable costs by EURO$250 million as well as personnel costs by EURO$300 million by the end of 2022. In addition, the sales organization is to be restructured. In Brazil, the number of platforms will be significantly reduced in order to return to profitability. In Japan, sales and the after-sales organization will be set up more efficiently. Daimler Mobility will continue to support vehicle sales. In addition, the fleet-management business is to be further expanded. Through investments in urban mobility services, customers are to be offered flexible and attractive solutions for the mobility of the future. The aim is to grow profitably in all three core activities, to increase the value of the company and to pay a dividend to the parent company. On this basis, the division Daimler Mobility expects a return on equity of more than 12% in 2020 and of 14% in 2022. In order to secure a solid financial position, Daimler intends to increase its free cash flow. The goal is to achieve stable net liquidity of more than EURO$10 billion. To ensure that these targets are met, the Group will prioritize investment in all areas and thus achieve a more stringent allocation of capital.
DDAIF

Hot Stocks

06:19 EST Daimler seeks EUR1B in savings at Mercedes-Benz by cutting jobs - Daimler presented a new sustainable business strategy at its Capital Market Day. "We are positioning the company for the transformation with a clear strategy for the future. The expenditure needed to achieve the CO2 targets require comprehensive measures to increase efficiency in all areas of our company. This also includes streamlining our processes and structures," said Ola Kallenius, Chairman of the Board of Management of Daimler AG and Mercedes-Benz AG. "This will have a negative impact on our earnings in 2020 and 2021. To remain successful in the future, we must therefore act now and significantly increase our financial strength." Mercedes-Benz Cars has initiated systematic countermeasures to sustainably improve its cost structure and offset the expected margin erosion. Primarily, material cost reductions should support this compensation. By the end of 2022, Mercedes-Benz Cars plans to save more than EURO$1 billion in personnel costs. To this end, jobs are to be reduced in both management and the indirect areas. The company is in close dialog with the employee representatives in order to make the measures as acceptable as possible. To strengthen the free cash flow, investment in property, plant and equipment and in research and development will be capped at the 2019 level and be reduced in the medium term. In order to increase Mercedes-Benz Vans' competitiveness, material costs are to be reduced as well as personnel costs by EURO$100 million. On this basis, the division Mercedes-Benz Cars & Vans expects to achieve a return on sales from operating activities of at least 4% in the year 2020 and at least 6% in 2022.
UBS

Hot Stocks

06:15 EST UBS fined SGD$11.2M over deceptive bond trades - The Monetary Authority of Singapore said in a statement that it has imposed a civil penalty of SGD$11.2M on UBS AG, for acts of its client advisors that contravened section 201(b) of the Securities and Futures Act. The client advisors had engaged in acts that deceived or were likely to deceive clients about the spreads and/or interbank prices for transactions in over-the-counter bonds and structured products. The enforcement action followed UBS' reporting of the misconduct to MAS, and MAS' subsequent investigations. UBS has admitted liability for its client advisors' actions and paid MAS the civil penalty. As part of the civil penalty settlement, UBS will compensate all affected clients managed by UBS' Singapore branch. Reference Link
CYDY

Hot Stocks

06:15 EST CytoDyn names Craig Eastwood as CFO - CytoDyn announced the appointment of Craig Eastwood as its new CFO. He joined CytoDyn in April and previously served as its Vice President and Controller. Craig brings with him an extensive background in corporate finance and accounting, investor relations, financial planning and analysis, and treasury and systems implementations. Michael Mulholland, the company's previous CFO, will remain at CytoDyn and will report to Eastwood in a newly created role of Senior Vice President of Finance, a critically important function as the company looks to improve its capital structure and prepare for commercialization in advance of its first BLA submission planned for late 2019.
CPE CRZO

Hot Stocks

06:13 EST Callon Petroleum, Carrizo Oil & Gas announce amendment to merger agreement - Callon Petroleum (CPE) and Carrizo Oil & Gas (CRZO) announced an amendment to the existing terms of their agreement for Callon to acquire Carrizo in an all-stock transaction. Under the amended terms, Carrizo shareholders will receive 1.75 shares of Callon common stock for each share of Carrizo common stock they own. With the amended exchange ratio, Callon shareholders will own approximately 58% of the combined company and Carrizo shareholders will own approximately 42% on a fully diluted basis. Based on the closing prices of Callon and Carrizo common shares on the pre-announcement date of July 12, the amended exchange ratio represents a premium of 6.7% to Carrizo shareholders. The boards of both Callon and Carrizo have unanimously reaffirmed their support for the transaction as modified by the amendment to the merger agreement. In addition, each of the Carrizo directors remains committed to vote his or her shares in favor of the transaction. The amendment to the merger agreement adjusts the Carrizo termination fee to $20M in certain circumstances, including in some instances in which a competing transaction for Carrizo has been proposed. The amendment also eliminates Carrizo's obligation to reimburse Callon's expenses if Carrizo's shareholders do not approve the transaction and increases the amount of Carrizo's expenses that Callon would reimburse by $2.5M if Callon's shareholders do not approve the transaction. Callon and Carrizo intend to file supplemental proxy materials with the Securities and Exchange Commission in the coming days. The companies continue to expect to close the transaction during Q4, subject to the approval of shareholders of both companies.
AXNX

Hot Stocks

06:09 EST Axonics announces FDA approval of Axonics r-SNM System - Axonics announced the approval of the Axonics r-SNM System by the United States FDA for the clinical indications of overactive bladder and urinary retention. The FDA premarket approval grants Axonics the right to market its product in the United States for the clinical indications of OAB as well as urinary retention, representing the largest segment of the market for SNM devices. The FDA approval follows the company's September approval for the clinical indication of fecal incontinence, which, according to published clinical studies, is a co-morbidity reported by as many as a third of patients presenting with urinary urge incontinence.
FENG

Hot Stocks

06:07 EST Phoenix New Media declares 17.14c per share special cash dividend - The company also announced that its board declared a special cash dividend of 17.14c per ordinary share, equivalent to $1.37 per American depositary share, totaling approximately $100M, payable on December 13 to holders of record of the company's ordinary shares at the close of business on November 29.
ATHX

Hot Stocks

06:07 EST Athersys: Healios receives orphan designation for ARDS clinical program - Athersys announced that its collaborator in Japan, Healios K.K., received notification this week from the Pharmaceutical Affairs and Food Sanitation Council that its acute respiratory distress syndrome clinical program using HLCM051 will receive the orphan regenerative medicine designation from the Ministry of Health, Labour and Welfare within the next few weeks. This designation may be given to investigational products being evaluated for indications that have a high unmet medical need and that occur in less than 50,000 patients in Japan. In addition to priority consultation and review for potential approval of the therapy, there are several financial incentives offered with the designation, such as subsidies to reduce the financial burden of product development, preferential tax treatment and extension of the re-examination period for Healios.
WTT

Hot Stocks

06:05 EST Wireless Telecom Group Inc to Acquire Holzworth Instrumentation - Wireless Telecom Group announced the signing of a definitive agreement to acquire Holzworth Instrumentation, a Boulder, Colorado based provider of specialty phase noise analyzers and signal generators. Holzworth instruments are used by government labs, the semiconductor industry, and network equipment providers, among others, in research and automated test environments. The company expects to close this acquisition in the months ahead. The initial purchase price for Holzworth is comprised of $8M of cash payable at closing, $1.5M in deferred cash payments, subject to minimum EBITDA thresholds, and $500,000 of Wireless Telecom Group common stock based on the 90-day volume weighted average share price of $1.44 per share. The shares will be subject to a 36-month lock-up provision. The transaction closing is conditioned upon the company obtaining proceeds from a debt financing in an amount sufficient to pay the total closing cash consideration of the acquisition of $8M. The company is engaged in a process to obtain such financing. The Holzworth acquisition agreement also includes customary representations and warranties and indemnifications of both the company and Holzworth, and is subject to customary closing conditions in addition to the debt financing condition.
MIME

Hot Stocks

05:50 EST Mimecast acquires DMARC Analyzer - Mimecast announced it has acquired DMARC Analyzer, "a SaaS-based solution provider that offers user-friendly Domain-based Message Authentication, Reporting and Conformance, or DMARC, setup, management and analysis." With this acquisition, Mimecast customers can address threats at the email perimeter, inside the email network, and beyond their immediate purview. DMARC Analyzer's simple and effective service offerings help reduce the time, effort and cost of stopping domain spoofing attacks. "By combining Mimecast defenses with DMARC Analyzer's reporting and email validation solution, customers can now further strengthen their cyber resilience with robust visibility into attacks that defraud customers, suppliers and partners."
PRGS

Hot Stocks

05:48 EST Progress Software appoints Katie Kulikoski as Chief People Officer - Progress announced the appointment of Katie Kulikoski to the role of Chief People Officer. In her new role, Kulikoski will be responsible for all aspects of Progress' global human resources function. She will report directly to CEO Yogesh Gupta and will be a member of the Progress executive team. Previously, she led the talent strategy for Brightcove as its Chief People Officer.
LAIX

Hot Stocks

05:41 EST Laix announces $20M share repurchase program - LAIX announced that its board has authorized a share repurchase program under which the company may repurchase up to $20M of its outstanding American depositary shares over the next 12 months.
SNDE

Hot Stocks

05:15 EST Sundance Energy: Federal Court of Australia approves re-domiciliation to U.S. - Sundance Energy Australia announced that the Federal Court of Australia has today made orders approving the scheme of arrangement in relation to the Company's proposed re-domiciliation from Australia to the United States, under which Sundance Energy will become the ultimate parent company of the Sundance group of companies following the implementation of the Scheme. A copy of the Court's orders was lodged with the Australian Securities and Investments Commission and, as a result, the Scheme is now legally effective. Sundance has applied to ASX to suspend quotation and trading of Sundance's shares, with effect from the close of trading on ASX today. Sundance has, however, been advised by Nasdaq that Sundance's ADRs will be eligible for trading on Nasdaq until the implementation date. Sundance shareholders who hold shares on the record date for the Scheme will be entitled to receive the Scheme consideration (in accordance with the terms of the Scheme as set out in Section 4.8 of the Scheme Booklet dated October 1. The Scheme consideration will be paid to Scheme Shareholders on the implementation date.