Stockwinners Market Radar for November 22, 2019 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

WVE

Hot Stocks

18:05 EST Wave Life Sciences director Verdine sells 30K shares of common stock - In a regulatory filing, Wave Life Sciences disclosed that its director Gregory Verdine sold 30K shares of common stock on November 20th. The total transaction size was over $920K.
CACI

Hot Stocks

17:36 EST CACI awarded $112.53M Army contract modification - CACI was awarded a $112.53M modification to a contract for build and test of the Integrated Personnel and Pay System-Army. Work will be performed in Chantilly, Virginia, with an estimated completion date of December 31, 2021. FY10 research, development, test and evaluation funds in the amount of $5M were obligated at the time of the award. U.S. Army Contracting Command, New Jersey, is the contracting activity.
AGO

Hot Stocks

17:35 EST Assured Guaranty CIO buys 25.5K shares of common stock - In a regulatory filing, Assured Guaranty disclosed that its CIO Andrew Feldstein bought 25.5K shares of common stock on November 20th-21st. The total transaction size was $1.24M.
OYST

Hot Stocks

17:24 EST Oyster Point Pharma discloses 'positive' Phase 1 results for OC-01 nasal spray - Oyster Point Pharma announced the positive top-line results from its Phase 1 "ZEN" study in healthy volunteers. The ZEN Study was an open-label, single-center, randomized, 2-way crossover study to evaluate the relative bioavailability of varenicline administered as a preservative-free nasal spray as compared to varenicline administered orally as a single oral dose of Chantix. The ZEN study was designed to assess the relative bioavailability of varenicline administered intranasally at its highest intended clinical strength compared to varenicline administered as a single oral dose at its commercially available maintenance oral tablet strength of 1 mg. The treatment cohort consisted of 22 healthy volunteers who were administered study medication under fasted conditions. Top-line results indicate that the relative bioavailability was 13 times lower for a single dose of the highest strength of OC-01 nasal spray as compared to a single dose of the highest strength Chantix tablet . Maximal concentration was 14 times lower for a single dose of the highest strength of OC-01 nasal spray as compared to a single dose of the highest strength Chantix tablet. The study demonstrated that OC-01 nasal spray was safe and well-tolerated at the doses tested.
SACH

Hot Stocks

17:19 EST Sachem Capital co-CEO Villano steps down - Sachem Capital announced that, effective as of Thursday, November 21, 2019, Jeffrey Villano has resigned from the company. He had been serving as co-CEO, president and treasurer of the company. He was also a co-founder of the company. He will continue to serve as a member of the company's Board of Directors. John Villano, CPA, will assume the full responsibilities as the company's CEO in addition to his role as the company's CFO. John Villano, CPA, has also been appointed as president and treasurer of the company until suitable replacements for Jeffrey Villano are found.
INTC

Hot Stocks

17:18 EST Intel board member Goetz buys $5.04M in stock - Intel board member James Goetz purchased 86.5K shares of Intel stock on November 20th, according to a regulatory filing. The transaction has a value of $5.04M.
SWAV

Hot Stocks

17:12 EST ShockWave Medical CEO sells 30K shares of common stock - In a regulatory filing, ShockWave Medical disclosed that its CEO Douglas Godshall sold 30K shares of common stock on November 21st. The total transaction size was $1.12M.
SAEX

Hot Stocks

17:01 EST SAExploration receives Nasdaq non-compliance letter - SAExploration Holdings announced that on November 19, 2019, it received a notice from the Listing Qualifications Department of the Nasdaq Stock Market LLC stating that because the company had not timely filed its Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2019 and because the company remains delinquent in filing its Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2019, the company is not in compliance with Nasdaq Listing Rule 5250c1, which requires listed companies to timely file all required public financial reports with the Securities and Exchange Commission. The Notice has no immediate effect on the listing or trading of the company's common stock on the Nasdaq Capital Market. The Notice states that the company has until December 17, 2019 to submit to Nasdaq an updated plan to regain compliance with the Nasdaq Listing Rules. If Nasdaq accepts the company's updated plan, then Nasdaq may grant the company up to 180 days from the prescribed due date for filing the Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2019, or until February 11, 2020, to regain compliance.
OFG

Hot Stocks

17:00 EST OFG Bancorp buys 40K shares of common stock - In a regulatory filing, OFG Bancorp disclosed that its director Edwin Perez bought 40K shares of common stock on November 21st. The total transaction size was over $800K.
MSCI

Hot Stocks

16:43 EST MSCI COO sells 6,000 common shares - In a regulatory filing, MSCI COO Laurent Seyer disclosed the sale of 6,000 common shares of the company at a price of $256.16 per share on November 20.
CBS...

Hot Stocks

16:35 EST CBS to list ViacomCBS shares on Nasdaq following merger - CBS Corporation (CBS) announced that it has notified the New York Stock Exchange (ICE) that, following the effective time of the merger of Viacom Inc. (VIA) with and into CBS, with CBS continuing as the surviving company, CBS will delist its Class A and Class B common stock from the NYSE and will list the Class A and Class B common stock of the combined company, which at the effective time of the merger will be renamed "ViacomCBS Inc.", including the outstanding shares of CBS Class A and Class B common stock, on the Nasdaq Global Select Market (NDAQ). Trading of the Class A and Class B common stock of ViacomCBS on Nasdaq under the new ticker symbols "VIACA" and "VIAC," respectively, is expected to commence on the trading day following the effective time of the merger. Until the merger and subsequent transfer of listing to Nasdaq are complete, the CBS Class A and Class B common stock will continue to trade on the NYSE under the ticker symbols "CBS.A" and "CBS," respectively. The completion of the merger remains subject to customary closing conditions and is expected to close by early December.
BCRH

Hot Stocks

16:31 EST Blue Capital declares special distribution of 57c per common share - Blue Capital Reinsurance Holdings has declared a special distribution of 57c per common share, which is payable on December 20 to holders of record as of December 6.
STX

Hot Stocks

16:24 EST Seagate chairman sells 90K shares of common stock - In a regulatory filing, Seagate disclosed that its Chairman Stephen Luczo sold 90K shares of common stock on November 20th-21st. The total transaction size was $5.35M.
AEL

Hot Stocks

16:21 EST American Equity raises annual dividend 7% to 30c per share - American Equity Investment Life Holding Company announced that its board of directors has declared an annual cash dividend of 30c per share to owners of its common stock. This is a 7% increase from the 28c per share annual dividend declared on November 15, 2018. This marks the twenty first consecutive year a cash dividend has been declared and the sixteenth year in a row that the company has increased its cash dividend. The dividend will be payable on December 12, 2019 to shareholders of record as of December 3, 2019. There are approximately 91.1M shares of common stock outstanding as of today.
MS

Hot Stocks

16:18 EST Morgan Stanley's Rooney sells over 50,000 common shares - In a regulatory filing, Morgan Stanley head of Tech/Ops/Resilience Robert P. Rooney disclosed the sale of 51,105 common shares of the company at a price of $49.1342 per share on November 21.
KKR

Hot Stocks

16:17 EST FS Investments and KKR Credit Advisors get merger shareholder approval - FS/KKR Advisor and KKR Credit Advisors LLC, announced that the shareholders of each of four business development companies under its advisement have voted to approve all necessary proposals related to the mergers of FSIC III, FSIC IV and CCT II with and into FSIC II. The mergers will create the second largest business development company, with approximately $9 billion in assets on a pro forma basis as of September 30, 2019.
DEI

Hot Stocks

16:16 EST Douglas Emmett acquires roughly 17% of existing unconsolidated real estate fund - Douglas Emmett announced that it acquired approximately 17% of the equity in one of its existing unconsolidated real estate funds in exchange for approximately $95M in cash and Operating Partnership Units. The acquisition brought Douglas Emmett's total ownership of that fund to approximately 89%. Douglas Emmett and one remaining institutional investor in the fund agreed to extend the fund term to 2049. The fund owns six Class A office properties totaling approximately 1.5 million square feet in the prime Los Angeles submarkets of Beverly Hills, Santa Monica, Sherman Oaks/Encino and Warner Center. The fund also owns an interest in another Douglas Emmett unconsolidated real estate fund which owns two additional Class A office properties totaling 386,000 square feet in Beverly Hills and Brentwood. Douglas Emmett expects that the fund will be treated as a consolidated entity under generally accepted accounting principles following the acquisition, and that the transition to a consolidated entity will be treated as a purchase of the underlying assets and liabilities of the fund.
AMRH

Hot Stocks

16:13 EST AMERI Holdings announces 1-for-25 reverse stock split to regain compliance - AMERI Holdings announced that it will effect a reverse split of its common stock at a ratio of 1 for 25, effective Monday, November 25. The company's common stock will begin trading on a split-adjusted basis when the markets open on the effective date under the existing trading symbol. The reverse stock split is primarily intended to bring the company into compliance with the minimum bid price requirement for maintaining its listing on the Nasdaq Capital Market. The new CUSIP number for the common stock following the reverse split will be. On November 8, a majority of the company's stockholders approved giving the board discretionary authority to enact the reverse stock split. The board approved the reverse stock split on a one for twenty-five ratio on November 21. As a result of the reverse split, each 25 pre-split shares of common stock outstanding will automatically combine into one new share of common stock without any action on the part of the holders. Proportionate adjustments will be made to the conversion and exercise prices of the company's outstanding warrants and stock options. The common stock issued pursuant to the reverse stock split will remain fully paid and non-assessable. The reverse stock split will not affect the par value of the common stock which stands at 1c per share.
BOTJ

Hot Stocks

16:09 EST Bank of the James announces 4c per share special dividend - Bank of the James Financial Group, the parent company of Bank of the James, announced a special dividend. Based on the company's year-to-date results, the company's board approved a 4c per share special one-time dividend. This dividend is payable to stockholders of record on December 9, to be paid on December 23.
TOCA

Hot Stocks

16:08 EST Tocagen says Phase 3 trial did not meet primary, secondary endpoints - Tocagen announced presentation of the full results from the Toca 5 Phase 3 trial evaluating Toca 511 & Toca FC in patients with recurrent high grade glioma at the Society for Neuro-Oncology Annual Meeting. The data were presented on behalf of the Toca 5 clinical investigators by Timothy Cloughesy, M.D., professor of neurology and director of the neuro-oncology program at the University of California, Los Angeles and principal investigator for the Toca 5 trial. The trial did not meet the primary or secondary endpoints. The safety, tolerability and adverse event profile of Toca 511 & Toca FC was as expected for this patient population. "The positive outcome for patients at second recurrence in the Toca 5 trial are compelling, despite the disappointment of the overall trial results," said Dr. Cloughesy. "Combined with an acceptable safety profile, these data support a potential opportunity to address the high unmet needs of this well-defined patient population and should inform any future development of the Toca 511 & Toca FC regimen."
BAX

Hot Stocks

16:07 EST Baxter gets NYSE listing notice due to delay in filing 10-Q - Baxter International announced that the NYSE notified the company that it is not in compliance with the NYSE Listed Company Manual due to a delay in filing its Quarterly Report on Form 10-Q for the quarter ended September 30, 2019 with the SEC. The notice has no immediate effect on the listing of the Company's stock on the NYSE or on any of the company's outstanding bonds. The NYSE informed the company that, under the NYSE's rules, the company has until May 20, 2020 to file its Form 10-Q and any subsequent delayed filings and regain compliance with the NYSE listing standards. The company intends to become current in its SEC reporting obligations before the May 20, 2020 deadline.
AGIO

Hot Stocks

16:01 EST Agios Pharmaceuticals presents updated data from Vorasidenib, Tibsovo study - Agios Pharmaceuticals presented updated data from the ongoing perioperative study, confirming brain penetrance and robust biomarker suppression with treatment of single agent vorasidenib or TIBSOVO in low-grade glioma with an IDH1 mutation. The data were featured in an oral presentation at the Society for Neuro-Oncology Annual Meeting in Phoenix. Vorasidenib, an investigational, oral, selective, inhibitor of the mutant isocitrate dehydrogenase-1 and IDH2 enzymes, was designed for enhanced brain penetrance and selected for pivotal development in IDH mutant low-grade glioma. "Now with data from both cohorts of the perioperative study, we have further evidence demonstrating that vorasidenib has excellent brain penetrance and suppresses 2-HG in IDH1 mutant gliomas," said Ingo Mellinghoff, M.D., Memorial Sloan Kettering Cancer Center, an investigator for the study. "In addition, it is encouraging that the safety profile continues to be consistent, and preliminary efficacy data show objective tumor responses and durable disease control with postoperative treatment. These data support the selection of vorasidenib for pivotal development and help establish the potential role for IDH inhibitors in the treatment of low-grade glioma." "These data build on our initial findings that led us to the selection of vorasidenib for a pivotal study in low-grade glioma," said Chris Bowden, M.D., chief medical officer at Agios. "Having now demonstrated brain penetrance, robust 2-HG suppression and an encouraging disease-control rate with vorasidenib, we're confident in our ability to make a difference for patients with IDH mutant low-grade glioma and are on track to initiate the Phase 3 INDIGO study next month."
AAPL VHC

Hot Stocks

15:50 EST Federal appeals court affirms district court ruling in Apple II suit - VirnetX (VHC) announced that the U.S. Court of Appeals for the Federal Circuit has issued a decision in the Federal Circuit case titled "Appeal from the United States District Court for the Eastern District of Texas in Nos. 6:11-cv-00563-RWS, 6:12-cv-00855-RWS, Judge Robert Schroeder, III", affirming-in-part and reversing-in-part the judgment issued by the United States District Court for the Eastern District of Texas in this case. The Federal Circuit affirmed the district court's ruling that Apple was precluded from challenging the validity of the asserted patents. Apple (AAPL), the Court held, had unsuccessfully litigated the same issues in a previous case, and was barred from reprising those challenges. The Federal Circuit also affirmed the jury's finding that Apple's VPN-on-Demand feature infringes U.S. Patent Nos. 6,502,135 and 7,490,151. The Federal Circuit reversed, however, the finding that Apple's FaceTime feature infringes U.S. Patent Nos. 7,418,504 and 7,921,211.
GOOG GOOGL

Hot Stocks

15:23 EST Google's Cloud Print to no longer be supported as of December 31, 2020 - Google said that Cloud Print, its cloud-based printing solution that has been in beta since 2010, will no longer be supported as of December 31, 2020. Beginning January 1, 2021, devices across all operating systems will no longer be able to print using Google Cloud Print. The company said it recommends that over the next year, users identify an alternative solution and execute a migration strategy. Reference Link
UN UL

Hot Stocks

15:02 EST Unilever recalls Lipton, Knorr, LeGout products affected by poultry recall - Unilever United States is voluntarily recalling a limited quantity of Lipton, Knorr, and LeGout chicken products that contain chicken from a supplier, which issued a recall on its poultry for potential contamination with Listeria monocytogenes. This limited voluntary recall is being conducted with the knowledge of the Food Safety and Inspection Service of the U.S. Department of Agriculture. To date, no illnesses have been reported related to this recall. Unilever is recalling the products out of an abundance of caution. The products were manufactured in the United States and Canada. The products were distributed nationwide in the U.S. and reached consumers through retail stores and professional kitchens.
KRTX

Hot Stocks

15:00 EST Karuna CEO says no patients dropped out of Phase II study for side effects - Steve Paul is speaking on CNBC.
KRTX

Hot Stocks

14:59 EST Karuna CEO says end of Phase II meeting with FDA to happen early next year - Steve Paul is speaking on CNBC.
KRTX

Hot Stocks

14:59 EST Karuna CEO says end of Phase II meeting with FDA to happen early next year - Steve Paul is speaking on CNBC.
BA

Hot Stocks

14:43 EST Boeing debuts 737 MAX 10 ahead of first flight next year - Boeing announced the debut of the first 737 MAX 10 at the company's Renton, Washington factory. "The 737 MAX 10, the largest variant of the MAX family, can seat up to 230 passengers and offers the lowest seat-mile cost of any single-aisle airplane ever produced," Boeing said in a statement. The airplane will now undergo system checks and engine runs prior to first flight next year, it added. The 737 MAX 10 currently has more than 550 orders and commitments from more than 20 customers.
TSLA

Hot Stocks

13:52 EST David Einhorn wonders if Tesla accounts receivable exist in email to Musk - Greenlight Capital President David Einhorn took to Twitter to publicize an email he sent to Tesla CEO Elon Musk regarding the company's accounts receivable. "I'm beginning to wonder whether your accounts receivable exist," Einhorn said in the email. Tesla shares are down 6% to $334.40 in afternoon trading. Reference Link
BKR

Hot Stocks

13:04 EST Baker Hughes reports U.S. rig count down 3 to 803 rigs - Baker Hughes reports that the U.S. rig count is down 3 rigs from last week to 803, with oil rigs down 3 to 671, gas rigs unchanged at 129, and miscellaneous rigs unchanged at 3. The U.S. Rig Count is down 276 rigs from last year's count of 1,079, with oil rigs down 214, gas rigs down 65, and miscellaneous rigs up 3 to 3. The U.S. Offshore Rig Count is unchanged at 22 and down 3 rigs year-over-year. The Canada Rig Count is up 3 rigs from last week to 137, with oil rigs down 2 to 86 and gas rigs up 5 to 51. The Canada Rig Count is down 67 rigs from last year's count of 204, with oil rigs down 38 and gas rigs down 29.
SYNL

Hot Stocks

13:01 EST Synalloy board of directors decides not to make annual dividend payment - Synalloy Corporation announces that its Board of Directors has decided not to make an annual dividend payment for 2019. The company said, "The Company's financial performance in 2019 is well below plan, with a projected operating loss for the entire year. In determining whether, or not to pay an annual dividend, the Board considered the need to maintain a strong a strong balance sheet, as well as the potential for further contraction in the manufacturing sector. The Board will review at or near the end of each fiscal year the Company's financial performance, cash and debt levels, as well as capital needed to support future growth, to determine the amount of cash dividend, if any, that may be appropriate."
BKR

Hot Stocks

13:01 EST Baker Hughes reports U.S. rig count down 3 to 803 rigs
BIIB

Hot Stocks

12:26 EST Biogen rallies 3%, or $8.35, to $296.81
SPCE

Hot Stocks

12:00 EST Virgin Galactic falls -10.3% - Virgin Galactic is down -10.3%, or -86c to $7.56.
PSTG

Hot Stocks

12:00 EST Pure Storage falls -18.2% - Pure Storage is down -18.2%, or -$3.62 to $16.23.
DAC

Hot Stocks

12:00 EST Danaos falls -26.2% - Danaos is down -26.2%, or -$2.00 to $5.64.
GSX

Hot Stocks

12:00 EST GSX Techedu rises 16.5% - GSX Techedu is up 16.5%, or $2.67 to $18.86.
BKE

Hot Stocks

12:00 EST The Buckle rises 17.4% - The Buckle is up 17.4%, or $3.88 to $26.18.
SSI

Hot Stocks

12:00 EST Stage Stores rises 27.7% - Stage Stores is up 27.7%, or 94c to $4.33.
BA

Hot Stocks

11:31 EST Boeing says SVP of Communications Anne Toulouse to step down at year-end - Boeing announced that Anne Toulouse, senior vice president of Communications, has elected to step down from her role at year end and retire next year after 30 years with the company. "Anne has been an ostanding leader and committed contributor to Boeing over her entire career," said President and CEO Dennis Muilenburg.
RHHBY

Hot Stocks

11:14 EST Genentech data shows Tencentriq, Avastin shows improvements in OS, PFS - Genentech, a member of the Roche Group, will present positive results from the Phase III IMbrave150 study evaluating Tecentriq in combination with Avastin. The data show statistically significant and clinically meaningful improvements in overall survival and progression-free survival, compared with sorafenib, in people with unresectable hepatocellular carcinoma who have not received prior systemic therapy. Tecentriq in combination with Avastin reduced the risk of death by 42% and reduced the risk of disease worsening or death by 41%, compared with sorafenib. Safety for Tecentriq and Avastin was consistent with the known safety profiles of the individual medicines. "For the first time in a decade, we are seeing a treatment that has improved overall survival for people with unresectable hepatocellular carcinoma compared with the current standard of care," said Levi Garraway, M.D., Ph.D., chief medical officer and head of Global Product Development. "Tecentriq in combination with Avastin could transform the treatment of this aggressive disease, and we are working closely with global health authorities in the hope of bringing this treatment option to patients as soon as possible." These data will be presented in the Presidential session at the European Society for Medical Oncology Asia Congress 2019.
ETR

Hot Stocks

11:02 EST Entergy, Holtec file request to transfer Indian Point post-shutdown - Entergy Corporation and Holtec International, through their affiliates, jointly filed a License Transfer Application today with the U.S. Nuclear Regulatory Commission, requesting approval for the transfer of the NRC licenses for the Indian Point Energy Center to Holtec after the last unit permanently shuts down by April 30, 2021. Holtec plans to initiate decommissioning at Indian Point, following regulatory approvals and transaction close, as much as 40 years sooner than if Entergy continued to own the units. "Holtec's plan to accelerate the decommissioning schedule provides the potential for site redevelopment decades sooner than if Entergy continued to own the facility, which is good news for the local community," said Chris Bakken, Entergy Executive Vice President Nuclear Operations and Chief Nuclear Officer. "Holtec plans to begin the decommissioning process promptly upon taking ownership, and as part of the agreement between the companies, will provide job opportunities for more than 300 of our current employees who want to remain in the region and continue to work at the site." The companies asked the NRC to approve the License Transfer Application by November 2020 to facilitate a timely transaction closing targeted for May 2021, which will benefit the community, employees and other interested stakeholders. The NRC previously approved applications to transfer the licenses for the shut down Oyster Creek Nuclear Generating Station (New Jersey) from Exelon Generation to Holtec and for the shut down Pilgrim Nuclear Power Station (Massachusetts) from Entergy to Holtec for decommissioning. In addition to the federal filing, the companies today filed a petition with the New York Public Service Commission requesting a ruling disclaiming PSC jurisdiction or abstaining from review of the proposed transaction, or, in the alternative, an order approving the proposed transaction.
FBSS

Hot Stocks

11:01 EST Fauquier Bankshares increases quarterly dividend to 12.5c per share - Fauquier Bankshares announced that its Board of Directors on November 21, 2019 declared a quarterly dividend of 12.5c per share, an increase of a half a cent per share. This represents a 50c dividend on an annualized basis. This dividend was declared for shareholders of record as of the close of business on December 13, 2019 and will be payable on January 2, 2020.
MDIUY VIVHY

Hot Stocks

10:51 EST Mediaset calls for shareholders meeting on January 10 to go over Vivendi deal - Mediaset (MDIUY) said that it has called for an extraordinary shareholders' meeting on January 10, 2020 to resolve upon amendments to the Article of Association of MFE and the terms and conditions for special voting shares that will be issued in the context of the Cross-Border Merger. The Italian broadcaster said in a meeting today that it took note of the developments in the procedure whereby Vivendi (VIVHY) and Simon Fiduciaria S.p.A. have requested a precautionary suspension of the resolution adopted by the extraordinary meeting of shareholders of Mediaset on September 4, 2019 relating to the envisaged merger by absorption of Mediaset and Mediaset Espana Comunicacion, S.A. with and into Mediaset Investment N.V., a Dutch wholly-owned subsidiary of Mediaset which, upon completion of the merger, will be renamed "MFE - MEDIAFOREUROPE N.V."
AEGN

Hot Stocks

10:35 EST Aegion's Insituform awarded $14M wastewater pipeline rehabilitation contracts - Aegion Corporation announced that its subsidiary, Insituform Technologies, LLC, has been awarded two contracts totaling over $14M from a municipal agency in New York. The combined projects require Insituform to rehabilitate more than 50 miles of 8- to 48-inch diameter wastewater pipelines using Insituform cured-in-place pipe throughout residential and commercial areas. Insituform expects to complete the installations by the end of June 2020. Since 2015, Insituform has rehabilitated more than 90 miles of 8- to 24-inch diameter wastewater pipelines for the municipality using Insituform CIPP.
VHC AAPL

Hot Stocks

10:34 EST VirnetX sinks after appeals court tosses $503M Apple damage award - Shares of VirnetX (VHC) sunk after Bloomberg reported that an appeals court only partially upheld the company's verdict against Apple (AAPL). Virnetx's $503M patent infringement award against Apple was tossed by the U.S. Appeals for the Federal Circuit, which said it must be recalculated or a new trial held, according to Bloomberg. Shares of VirnetX are down 12%, or 69c, to $5.13 in morning trading.
VHC

Hot Stocks

10:32 EST VirnetX trading resumes
VHC

Hot Stocks

10:27 EST VirnetX trading halted, volatility trading pause
CTAS

Hot Stocks

10:08 EST Cintas turns negative after Spruce Point uncovers Illinois investigation - Shares of Cintas moved lower after short-seller Spruce Point Capital claimed to have uncovered via a Freedom of Information Act request a previously undisclosed investigation into the company by the Office of the Illinois State Fire Marshal. The investigation has not been disclosed by Cintas, according to Spruce Point. The firm on November 13 issued a short report on the company, saying the shares have up to 75% downside risk. After moving higher on the open of trade, shares of Cintas are now down 43c to $253.20.
CRC

Hot Stocks

10:00 EST California Resources falls -7.7% - California Resources is down -7.7%, or -51c to $6.06.
PSTG

Hot Stocks

10:00 EST Pure Storage falls -19.6% - Pure Storage is down -19.6%, or -$3.88 to $15.96.
DAC

Hot Stocks

10:00 EST Danaos falls -26.8% - Danaos is down -26.8%, or -$2.05 to $5.60.
GSX

Hot Stocks

10:00 EST GSX Techedu rises 10.5% - GSX Techedu is up 10.5%, or $1.70 to $17.90.
OOMA

Hot Stocks

10:00 EST Ooma rises 10.6% - Ooma is up 10.6%, or $1.18 to $12.33.
BKE

Hot Stocks

10:00 EST The Buckle rises 15.7% - The Buckle is up 15.7%, or $3.50 to $25.80.
ASLN

Hot Stocks

09:54 EST Aslan soars 186% after journal reports new acute myeloid leukemia data - Aslan Pharmaceuticals announced overnight that new preclinical data characterizing ASLAN003 as a potential treatment for acute myeloid leukemia has been published in the November issue of Haematologica Journal. "The findings support ASLAN003's potential as a potent human dihydroorotate dehydrogenase inhibitor and novel target for differentiation therapy with a favourable toxicity profile," the company said in a statement. In the study, ASLAN003 was shown to inhibit protein synthesis and induce differentiation of AML cell lines via activation of AP-1 transcription factors, it added. The study also confirmed that ASLAN003-meditated AP-1 activation is important for the reversal of the blocked differentiation of AML cells, according to Aslan. The company recently completed a phase 2a study of ASLAN003 in AML "and is reviewing future development plans." Shares of Aslan Pharmaceuticals are up 186%, or 82c, to $1.26 in early trading. Reference Link
KMX

Hot Stocks

09:48 EST CarMax mentioned cautiously at Off Wall Street
FL

Hot Stocks

09:47 EST Foot Locker falls -7.7% - Foot Locker is down -7.7%, or -$3.19 to $38.27.
PSTG

Hot Stocks

09:47 EST Pure Storage falls -18.2% - Pure Storage is down -18.2%, or -$3.61 to $16.24.
DAC

Hot Stocks

09:47 EST Danaos falls -26.0% - Danaos is down -26.0%, or -$1.99 to $5.66.
BKE

Hot Stocks

09:47 EST The Buckle rises 11.2% - The Buckle is up 11.2%, or $2.50 to $24.80.
NSCO

Hot Stocks

09:47 EST Nesco Holdings rises 11.2% - Nesco Holdings is up 11.2%, or 37c to $3.67.
OOMA

Hot Stocks

09:47 EST Ooma rises 15.0% - Ooma is up 15.0%, or $1.67 to $12.82.
EROS

Hot Stocks

09:32 EST Eros International wins default judgment against Manuel Asensio - Eros International announced that on November 21, the Supreme Court of the State of New York granted Eros' motion for default judgment against Manuel P. Asensio. As previously disclosed, on September 29, 2017, the company filed a lawsuit against Mangrove Partners, Manuel P. Asensio, GeoInvesting, LLC, and other individuals and entities alleging the defendants disseminated material false, misleading, and defamatory information about the company and are engaging in other misconduct that has harmed the company. The company seeks damages and injunctive relief for defamation, civil conspiracy, and tortious interference, including but not limited to interference with its customers, producers, distributors, investors, and lenders. On February 23, 2018, the Supreme Court of the State of New York granted Eros' motion for default judgment against two entities associated with Mr. Asensio-Asensio & Company, Inc., and Mill Rock Advisors, Inc. On March 12, 2019, the Supreme Court of the State of New York entered a Decision and Order granting certain defendants' motions to dismiss. On March 13, 2019, the company filed a Notice of Appeal and the matter is ongoing. The Supreme Court has ordered that Eros shall conduct an inquest before a Referee on damages as to the Asensio Defendants once its claims against all other Defendants are fully resolved and all appeals exhausted.
AIH

Hot Stocks

09:30 EST Aesthetic Medical announces approx. RMB6M from VIP sale event - Aesthetic Medical International Holdings Group announced sales of approximately RMB6M from a VIP sale event on November 10, 2019, and sales of approximately RMB16M from a November 11 sale event on T-mall. On November 10, 2019, the Company invited some of VIP customers to join its listing ceremony organized in Shenzhen and organized a VIP sale event accordingly. The Company generated cash sales of approximately RMB6M contributed by approximately 150 attending customers. On November 11, 2019, the Company organized a marketing campaign on one e-commerce platform T-mall, and from that alone generated cash sales of approximately RMB16 million. During the shopping festival period from November 1 to November 11, the Company's total cash sales on various e-commerce platforms amounted to approximately RMB28M.
SLCA

Hot Stocks

09:25 EST U.S. Silica cuts approximately 10% of total workforce, expects $20M in savings - U.S. Silica announced a reduction in its workforce of approximately 230 employees to improve efficiencies and better align operations and support staffing with the current challenges in its energy markets. Expected annual SG&A savings from these actions as well as other cost reductions are approximately $20M. The staffing reductions equal approximately 10% of the total company workforce and include corporate employees and the idling of both the Utica, Illinois and Tyler, Texas mines. Other facilities impacted, but not idled are; Crane County in Texas, Sparta, Wisconsin, and Festus, Missouri. The workforce reduction in operations will reduce staffed O&G capacity by 7M tons, which will be better aligned with current demand. The company expects to incur approximately $1.7M in related severance costs in Q4 and will consider any impairment charges as it closes Q4 and fiscal year end.
DSX

Hot Stocks

09:21 EST Diana Shipping announces time charter contracts for m/v Electra, m/v Protefs - Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Oldendorff Carriers GmbH & Co. KG, Lubeck, Germany, for one of its Post-Panamax dry bulk vessels, the m/v Electra. The gross charter rate is $10,250 per day, minus a 5% commission paid to third parties, for a period of minimum eleven months to maximum thirteen months.The Company also announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Phaethon International Company AG, for one of its Panamax dry bulk vessels, the m/v Protefs. The gross charter rate is $9,900 per day, minus a 5% commission paid to third parties, for a period until minimum January 1, 2021 up to maximum March 31, 2021. The charter is expected to commence on November 27, 2019. The employments of "Electra" and "Protefs" are anticipated to generate approximately $7.29M of gross revenue for the minimum scheduled period of the time charters.
AKER

Hot Stocks

09:19 EST Akers Biosciences announces 1-for-24 reverse stock split - Akers Biosciences announced that effective at 8:00 a.m. eastern standard time on Monday, November 25, 2019, the Company will effect a reverse stock split of its issued and outstanding common stock of no par value at a ratio of one share of common stock for every twenty four shares of common stock. As a result of the reverse stock split, every twenty four of the Company's issued and outstanding shares of common stock will be automatically converted into one share of common stock. The reverse stock split will have the effect of reducing the number of issued and outstanding shares of common stock and the number of authorized shares of common stock at a ratio of one-for-twenty four. The shares of common stock underlying the Company's outstanding stock options and warrants will be similarly reduced and their respective exercise prices correspondingly increased. The reverse stock split will affect all stockholders uniformly and will not alter any stockholder's percentage interest in the Company's equity, except to the extent that the reverse stock split would result in a stockholder owning a fractional share. Fractional shares will not be issued as a result of the reverse stock split; instead, the Board of Directors determined to effect an issuance of shares to holders that would otherwise be entitled to a fractional share such that any fractional shares will be rounded up to the nearest whole number.
HBI KO

Hot Stocks

09:01 EST Champion Athleticwear announces collaboration with Coca-Cola - Champion Athleticwear, a brand of Hanesbrands (HBI), launched a limited-edition capsule collection, Champion X Coca-Cola, in collaboration with Coca-Cola (KO). "The brands have come together to create a unique design story expressed through bold, colorful and unexpected logo placements inspired by archived artwork. The high-energy collection, which spans men's and women's apparel as well as accessories including hats, socks, slides and bags, is currently available at Champion's six retail stores in major cities across the country and at Champs Sports and Foot Locker stores in the U.S. and Canada as well as Eastbay.com, Champion.com and Footaction stores nationwide."
UBER...

Hot Stocks

09:01 EST Fly Intel: Pre-market Movers - HIGHER: Uber (UBER), up 1% after Stifel analyst Scott Devitt upgraded shares to Buy from Hold with an unchanged price target of $34. Uber's business fundamentals are "showing signs of sustainable improvement" while the current valuation "offers a more reasonable entry point," Devitt tells investors in a research note. UP AFTER EARNINGS: Foot Locker (FL), up 3%... The Buckle (BKE), up 9%... Hibbett Sports (HIBB), up 21%... Nordstrom (JWN), up 9%... Gap (GPS), up 4%. DOWN AFTER EARNINGS: Pure Storage (PSTG), down 21%... Williams-Sonoma (WSM), down 5%. LOWER: Organogenesis (ORGO), down 17% after 9M share Secondary priced at $5.00... Danaos (DAC), down 25% after 9M share Secondary priced at $6.00.
NSA

Hot Stocks

09:00 EST National Storage adds Tamara Fischer to board of trustees - National Storage Affiliates Trust announced the expansion of its Board of Trustees by one additional seat and elected Tamara Fischer, the Company's current President and CFO, to the Board of Trustees, effective January 1, 2020, coincident with her appointment as CEO. As previously announced, Arlen Nordhagen, the Company's current Chairman and CEO, will be elevated to the role of Executive Chairman, and Brandon Togashi, the Company's current CAO, will be promoted to EVP and CFO, effective January 1, 2020.
EEVVF

Hot Stocks

08:54 EST Eve & Co's Natural MedCo enters LOI with Colio Estate Wines - Eve & Co announced that its wholly-owned subsidiary, Natural MedCo, has entered into an exclusive letter of intent with Colio Estate Wines. The LOI contemplates developing a premium cannabis-infused beverage for inclusion in Eve & Co's consumer packaged goods launch and entering into a license agreement for the Girls' Night Out brand within 60 days. The term of the proposed license agreement is for an initial five years with a five year option in favour of Natural MedCo and contemplates licensing royalties. The Company anticipates distributing a cannabis-infused beverage to enter the adult-use market in 2020.
FTS

Hot Stocks

08:52 EST ITC Holdings receives FERC order on MISO base ROE matter - ITC Holdings, a subsidiary of Fortis, received an order from the Federal Energy Regulatory Commission adopting a new base Return on Equity methodology for transmission owners in the Midcontinent Independent System Operator region. FERC adjusted the base ROE to 9.88% with an upper end of the zone of reasonableness at 12.24%. Including ROE incentive adders for Regional Transmission Organization participation and independence at ITC, this implies an all-in prospective ROE of 10.63% for ITC's subsidiaries operating in the MISO footprint. This compares to an all-in ROE of 11.07% that ITC was previously accruing. Every 10-basis point change in ROE at ITC impacts EPS at Fortis by approximately one cent per common share. ITC has previously recorded sufficient amounts related to the required refunds generated from the order.
A

Hot Stocks

08:51 EST Agilent expands CE-IVD mark in Europe to include head, neck HNSCC - Agilent Technologies (A) announced that its PD-L1 IHC 22C3 pharmDx assay is now labeled for use in HNSCC in the European Union. The assay is CE-IVD-marked as an aid in identifying HNSCC patients for treatment with KEYTRUDA, an anti-PD-1 therapy manufactured by Merck (MRK). KEYTRUDA, as monotherapy or in combination with platinum and 5-fluorouracil, or 5-FU, chemotherapy, is indicated for the first-line treatment of metastatic or unresectable recurrent HNSCC in adults whose tumors express PD-L1 with a CPS greater than or equal to 1. PD-L1 IHC 22C3 pharmDx is the only clinical trial-proven PD-L1 assay CE-IVD-marked as an aid in identifying HNSCC patients for treatment with KEYTRUDA. PD-L1 IHC 22C3 pharmDx is now CE-IVD-marked as a companion diagnostic to KEYTRUDA in three tumor indications - NSCLC, urothelial carcinoma, and HNSCC. In the United States, the FDA approved PD-L1 IHC 22C3 pharmDx in a HNSCC indication in June.
ALXN

Hot Stocks

08:45 EST Alexion receives approval in Japan for SOLIRIS - Alexion Pharmaceuticals announced that Japan's Ministry of Health, Labour and Welfare, or MHLW, has approved the extension of the current marketing authorization of SOLIRIS to include the prevention of relapse in patients with anti-aquaporin-4, or AQP4, antibody-positive neuromyelitis optica spectrum disorder, or NMOSD, including neuromyelitis optica.
IDEX

Hot Stocks

08:40 EST Ideanomics division secures order for 2,300 EV Taxis from City of Guilin - Ideanomics announced that its Mobile Energy Global, or MEG, division has secured an order for 2,300 EV Taxis from the City of Guilin, in Guanxi province though MEGs partner QuianXi. Delivery of the EV taxis will commence in the first half of 2020. China has been encouraging its provincial governments to adopt blue sky environmental regulations which supports the adoption of clean energy vehicles, particularly those with high energy usage such as the commercial vehicle sector.
RCON

Hot Stocks

08:38 EST Recon Technology subsidiary starts operations in Yumen City - Recon Technology announced that its 51% subsidiary, Gan Su BHD, officially started operations this month in Yumen City, Gansu Province by providing oily sludge treatment services to an oil production plant. Focusing on oily sludge treatment and disposal projects, Gan Su BHD reported daily processing capacity of 102 tons and has processed more than 2,000 tons of sludge so far. In November, Gan Su BHD provided transportation and treatment services to Laojunmiao Oil Production Plant of Yumen Oilfield Company of the China National Petroleum Corporation, including transporting 2,000 tons of oily sludge from the temporary solid waste storage site to the disposal site, and treating the oily sludge to meet the requirements of national environmental laws and regulations. Gansu Province is a landlocked province in Northwestern China with a petroleum reserve of 700M tons..
SMMF MVBF

Hot Stocks

08:37 EST MVB Bank to sell 4 WV Eastern Panhandle Banking Centers to Summit Community Bank - MVB Bank, a wholly-owned subsidiary of MVB Financial (MVBF), announced the signing of a definitive agreement under which Summit Community Bank, a subsidiary of Summit Financial Group ( SMMF), will acquire three MVB Bank locations in Berkeley County and one MVB Bank location in Jefferson County. Summit will assume certain deposits and loans whose balances at September 30, 2019, were approximately $181 million and $46 million, respectively. "This transaction aligns well with the strategic plans of both MVB Bank and Summit Community Bank. Summit is committed to grow in the Eastern Panhandle, which is positive for our Retail Team Members and clients in the East. MVB intends to focus our growth in our core commercial markets in West Virginia and Northern Virginia, supported by our retail footprint, as well as our expanding Fintech vertical," said Larry F. Mazza, President and CEO, MVB Financial.
TOPS

Hot Stocks

08:35 EST TOP Ships announces closing of two Financing Agreements - TOP Ships announced that it closed the previously announced two Financing Agreements with a major Chinese Financier, for total gross proceeds of $45.8M, in relation to the 50,000 dwt product/chemical tankers M/T Stenaweco Energy and M/T Stenaweco Evolution. The proceeds were used towards the reacquisition of the two vessels via the exercise of purchase options. The Company paid $47.9M for the exercise of both purchase options and the term of both facilities is 10 years.
MVBF SMMF

Hot Stocks

08:35 EST MVB Bank to sell 4 WV banking centers to Summit Community Bank - MVB Bank, a wholly-owned subsidiary of MVB Financial (MVBF), announced the signing of a definitive agreement under which Summit Community Bank, a subsidiary of Summit Financial Group, (SMMF), will acquire three MVB Bank locations in Berkeley County (651 Foxcroft Ave., Martinsburg; 231 Aikens Center, Martinsburg; and 5091 Gerrardstown Road, Inwood) and one MVB Bank location in Jefferson County (88 Somerset Boulevard, Charles Town). Summit will assume certain deposits and loans whose balances at September 30, 2019, were approximately $181 million and $46 million, respectively. The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to close early in the second quarter of 2020.
SPRWF

Hot Stocks

08:35 EST Supreme Cannabis appoints John Griese as COO - Supreme Cannabis announced that John Griese has joined the company as COO. Griese brings over 30 years of executive consumer packaged goods, or CPG, and global cannabis operations experience to Supreme Cannabis. In his role as COO, Griese will be responsible for driving continuous improvements across all operating assets and leading supply chain management for Supreme Cannabis' diverse portfolio of products. Prior to joining Supreme Cannabis, Griese gained operational experience in the cannabis industry as the COO for medical and recreational cannabis companies Creso Pharma Limited and Bloom Farms in California.
SRYB

Hot Stocks

08:32 EST Surrey Bancorp declares special cash dividend of 12c per share - The Board of Directors of Surrey Bancorp announced that it has declared a special cash dividend of 12c per share on the Company's common stock. The Board also declared a regular quarterly cash dividend of 10c per share on the Company's common stock. The cash dividends are payable on January 9, 2020, to shareholders of record as of the close of business on December 20, 2019.
XGN GSK

Hot Stocks

08:27 EST Exagen extends collaboration agreement with GSK for lupus awareness - Exagen (XGN) announced that it has extended its collaboration agreement with GlaxoSmithKline plc (GSK) to raise awareness of the importance of timely diagnosis of systemic lupus erythematosus, the most common and severe form of lupus. At the center of the program are the proprietary AVISE laboratory tests, which can facilitate early diagnosis and management of SLE, a complex, incurable autoimmune disease. The details of the agreement are confidential. This extension follows a similar one-year extension that Exagen and GSK entered into last year, and will continue to support the shared goal of helping SLE patients shorten the time to their diagnosis, which is nearly six years on average, and to facilitate improved patient outcomes.
EBS

Hot Stocks

08:20 EST Emergent BioSolutions presents immunogenicity results from Phase 2 study - Emergent BioSolutions announced updated results from the interim analysis of its Phase 2 clinical study evaluating the safety and immunogenicity of the company's chikungunya virus virus-like particle vaccine candidate across a series of dosing regimens. The interim analysis has shown that after the first dose is administered, up to 98% of study participants produced a neutralizing antibody response against the chikungunya virus within seven days after vaccination. Further, the immune response persisted for at least one year for subjects who received a single dose. The presentation was made at the American Society of Tropical Medicine and Hygiene annual meeting in Maryland being held November 20 to 24, 2019. This Phase 2 parallel-group, randomized, double-blind, dose-finding study involved 415 healthy adults at three U.S. sites. Participants were assigned at random to one of several doses and regimens, including a single dose. Seroconversion occurred in 74% to 98% of subjects within seven days after one dose, and in all subjects by 28 days after the last dose. Looking specifically at the single-dose regimen, 96% of the single dose volunteers had detectable antibodies within seven days of the vaccination. At the one-year visit, 98% of subjects receiving the single-dose regimen remained sero-positive. Additionally, this arm had the highest Geometric Mean Titer at Days 7, 182, and 365 compared to the other arms, which suggests a durability of inducing high serum neutralizing titers with just a single dose. Subjects in three of the arms will be followed for at least two years to examine persistence of the response. The vaccine candidate was well-tolerated across all study arms and no significant vaccine-related safety concerns have been identified in analyses to date. Solicited adverse event profiles were similar across groups and mostly mild or moderate. The most frequent was local injection site pain. The CHIKV VLP vaccine candidate is licensed from the National Institute of Allergy and Infectious Diseases at the National Institutes of Health. It received FDA Fast Track designation in May 2018 and EMA PRIME designation in September 2019.
PEG

Hot Stocks

08:10 EST PSEG announces Ralph LaRossa as COO, Sheila Rostiac as CDO - PSEG announced several key organizational changes. Ralph LaRossa has been elected COO of PSEG. In this newly created position, LaRossa will be responsible for all operating functions of PSEG, including many of the functions within PSEG Services Corp. LaRossa also will continue in his role as president and COO of PSEG Power, the company's merchant generation business. LaRossa was elected president and COO of PSEG Power in June 2017. Previously, he served as president and COO of Public Service Electric & Gas, PSEG's regulated utility business, since October 2006. Also, Sheila Rostiac, senior VP and chief human resources officer, will take on an additional role of chief diversity officer, or CDO, merging the company's diversity and inclusion efforts within the human resources organization.
AHCO MCK

Hot Stocks

08:09 EST AdaptHealth agrees to acquire PCS business from McKesson - AdaptHealth (AHCO) announced it has entered into a definitive agreement to acquire the Patient Care Solutions, or PCS, business from McKesson (MCK). The proposed transaction is expected to close in December, subject to the satisfaction of customary closing conditions. The total investment, including restructuring costs until the business is fully integrated on AdaptHealth's platform in the latter half of 2020, is expected to be approximately $30M.
ODP AN

Hot Stocks

08:07 EST Office Depot CFO Joseph Lower to leave Jan. 10 to become CFO of AutoNation - Office Depot (ODP) announced that Joseph Lower, Executive Vice President and CFO, is leaving the company, effective January 10, 2020, to assume the role of CFO at AutoNation (AN). Office Depot has initiated a search for a new CFO.
AN ODP

Hot Stocks

08:04 EST AutoNation appoints Joseph Lower CFO - AutoNation (AN) announced that Joseph Lower, has been appointed executive VP and CFO, effective January 13, 2020. Lower will join AutoNation's executive committee and report to CEO and president, Cheryl Miller. Lower will oversee the finance department and be responsible for all financial controls and external reporting, financial planning and analysis and accounting, as well as the tax, internal audit, treasury, investor relations and corporate real estate functions. He will also be responsible for strategy and the company's shared service center in Irving, Texas. Lower has 30 years of finance and business development experience. Most recently, Lower served as executive VP and CFO of Office Depot (ODP), where he helped lead its transformation strategy.
FFRMF

Hot Stocks

08:04 EST Future Farm completes drying, curing of hemp, seeds in Maine - Future Farm Technologies announced that it has completed the drying and curing phase of its crop of hemp and seeds in Maine. Both crops achieved yields that outpace the Company's current apparatus for seed extraction, plant bucking, processing and storage. To address the success of this year's harvest, Future Farm is in the process of acquiring more robust seed extraction and cleaning equipment, additional resources for storage and transportation and larger industrial scales.
HCI

Hot Stocks

08:03 EST HCI Group announces TypTap surpasses $50M in premiums - HCI Group announced that premiums in force at its technology-driven insurance subsidiary, TypTap Insurance Company, have surpassed $50M.
ZTS

Hot Stocks

08:01 EST Zoetis acquires ZNLabs, terms not disclosed - Zoetis announced the acquisition of ZNLabs, a full-service veterinary clinical reference laboratory company with a network of labs across the U.S. This follows Zoetis' recent acquisition of Phoenix Lab as its entry into reference laboratory services and builds on a strategy to develop a more comprehensive diagnostics offering with enhanced value for veterinarians in the U.S. Financial terms of the transaction are not being disclosed.
VG SAP

Hot Stocks

08:00 EST Vonage names former SAP executive as President of Applications Group - Vonage (VG) announced last night that it has named Rodolpho Cardenuto as President, Applications Group, effective December 9. Cardenuto will lead the company's sales, operations and go-to-market strategy for both its unified communications and contact center portfolios, collectively the Applications Group, and will report to CEO Alan Masarek. Prior to joining Vonage, Cardenuto held various positions of increasing responsibility at SAP (SAP), including President of SAP Americas and, most recently, President of Global Partner Operations, Vonage stated.
STZ CGC

Hot Stocks

07:51 EST Constellation plans no contributions to Canopy beyond exercise of warrants - Constellation Brands (STZ) disclosed in a regulatory filing that it recognizes equity in earnings from its equity method investment in Canopy Growth (CGC) on a two-month lag. It added, "Constellation is in a strong cash position and is projected to produce approximately $2.2 billion in operating cash flow in fiscal 2020, with equity in earnings from its equity method investment in Canopy considered non-cash. From fiscal 2020 through 2022, Constellation remains committed to returning approximately $4.5 billion in cash to shareholders in the form of share repurchases and dividends. As a reminder, the Company's original warrants with Canopy have an exercise price of C$12.98 per warrant share and will expire May 1, 2020. In addition, the Company's Tranche A warrants expire November 1, 2023. Constellation will evaluate exercise of each of these warrants immediately prior to expiration and does not plan to make additional cash contributions to Canopy beyond any possible exercise of the warrants. Constellation believes that Canopy is adequately capitalized with more than C$2.7 billion cash and marketable securities on hand as of September 30, 2019."
JNPR

Hot Stocks

07:51 EST Juniper announces milestone for longest 400GbE deployment - Juniper Networks announced it has achieved an industry-first with the completion of a successful field trial delivering 400Gbps Ethernet live traffic over 1,300 miles. The trial was conducted in conjunction with SCinet, the Supercomputing 2019 Conference's high-capacity network. SCinet used Juniper's PTX10003 Packet Transport Router to deliver unprecedented capacity, flexibility and programmability.
BIIB

Hot Stocks

07:36 EST Biogen announces results from Phase 3 EVOLVE-MS-2 study - Biogen announced detailed results from the Phase 3 EVOLVE-MS-2 study demonstrating the improved patient-assessed gastrointestinal tolerability of VUMERITY, a new FDA-approved treatment for relapsing forms of multiple sclerosis, compared to TECFIDERA. These EVOLVE-MS-2 results are being presented at the 27th Annual Meeting of the European Charcot Foundation in Italy. EVOLVE-MS-2 is the first study to directly compare the GI tolerability of two relapsing MS treatments. In this study involving relapsing-remitting MS patients, VUMERITY was associated with significantly shorter duration, severity and daily impact of five key GI symptoms, compared to TECFIDERA. Results for the primary endpoint show patients treated with VUMERITY self-reported 46 percent fewer days with intensity scores of greater than or equal to2 on the Individual Gastrointestinal Symptom and Impact Scale, compared to TECFIDERA. IGISIS is a novel and exploratory scale used by patients in the study to self-assess the intensity and duration of key GI symptoms, including nausea, vomiting, upper and lower abdominal pain and diarrhea. Results observed with TECFIDERA in EVOLVE-MS-2 are consistent with its well-characterized safety profile. The EVOLVE-MS-2 results also indicate that compared to TECFIDERA, VUMERITY-treated patients had: Lower discontinuations due to GI adverse events; Fewer days with IGISIS intensity scores of greater than or equal to1 and greater than or equal to 3;Fewer days with a self-reported intensity score of greater than or equal to1, which assessed the overall intensity of GI symptoms, their impact on daily activities and how bothersome they were. Fewer days with GGISIS intensity scores of greater than or equal to2 and greater than or equal to3 were also observed. A gradual decline in worst IGISIS intensity scores over the five-week treatment period. These findings using the patient-assessed symptom intensity scales were supported by lower investigator-reported incidences of GI AEs with VUMERITY compared to TECFIDERA. Overall AEs occurred in 78.3 percent of patients with VUMERITY and 83.7 percent with TECFIDERA. Most AEs were mild or moderate in severity. The overall proportion of patients with AEs leading to study discontinuation were 1.6 percent for VUMERITY and 5.6 percent for TECFIDERA. EVOLVE-MS-2 was a multi-center, double-blind, active-controlled, five-week Phase 3 study designed to evaluate the GI tolerability, including duration and severity, of VUMERITY compared to TECFIDERA in 506 patients with RRMS. The study's primary endpoint assessed the number of days patients reported GI symptoms with a symptom intensity score greater than or equal to2 on the IGISIS rating scale. Secondary endpoints evaluated the number of days that patients reported GI symptoms with an IGISIS intensity scores of greater than or equal to1 or greater than or equal to3 in the overall population; IGISIS intensity score of greater than or equal to2 in patients from Part B only; GGISIS intensity scores of greater than or equal to1, greater than or equal to2, or greater than or equal to3 in the overall population; and worst IGISIS individual symptom score by study week. Patients who completed the five-week treatment period were eligible to enroll in EVOLVE-MS-1, a 96-week, open-label, safety study for VUMERITY.
CBWTF

Hot Stocks

07:33 EST Auxly says company 'ready to enter' Cannabis 2.0 market on first day of sales - The company said, "Auxly has made considerable progress this quarter and over the past 18 months, which has positioned the Company to be ready to enter the Cannabis 2.0 market on the first day sales are permitted, through a broad portfolio of branded cannabis products in Canada. The Company continues to secure listings for its derivative products with the provincial boards and expects to be able to sell products in all provinces except Quebec beginning December 16, 2019. Auxly anticipates that revenues from the sale of such derivative cannabis products will commence in December 2019, when provinces begin accepting orders from licenced producers, with revenues increasing throughout 2020 as new consumers are attracted to the new product formats, existing consumers transition from dried cannabis to derivative cannabis products and as provincial retail infrastructure continues to develop and expand. Auxly will update priorities for 2020 along with the Company's results for 2019 in the first quarter of 2020."
AXE

Hot Stocks

07:30 EST Anixter, CD&R announce amendment to up merger consideration to $82.50 per share - As previously announced, on October 30, Anixter entered into an agreement and plan of merger to be acquired by a fund sponsored by Clayton, Dubilier & Rice, or CD&R, in an all cash transaction valued at approximately $3.8B. Anixter announced that Anixter and CD&R agreed to an amendment to the merger agreement to increase the per-share consideration payable to Anixter's shareholders to $82.50 per share in cash from $81.00 per share in cash. The revised per-share consideration represents a premium of approximately 15.5% over Anixter's closing price on October 29 and a premium of approximately 30% over the 90-day volume-weighted average price of Anixter's common stock for the period ended October 29. The transaction is now valued at approximately $3.9B. Under the terms of the amended merger agreement, Anixter may solicit superior proposals from third parties through November 24. Anixter advises that there can be no assurance that the solicitation process will result in an alternative transaction. To the extent that the merger agreement is terminated for a superior proposal prior to November 24 or, in certain circumstances, five days thereafter, Anixter would be obligated to pay a $60M break-up fee to CD&R. If the merger agreement is terminated for a superior proposal after the aforementioned period, Anixter would be obligated to pay a $100M break-up fee to CD&R. Anixter does not intend to disclose developments with respect to this solicitation process unless and until it determines it is appropriate to do so. The transaction is subject to the approval of Anixter's stockholders, regulatory approvals and other customary closing conditions.
BWEN

Hot Stocks

07:18 EST Broadwind Energy receives first solar market order - Broadwind Energy has received its first significant solar market order for production at the company's Red Wolf facility in Sanford, NC.
ASTC

Hot Stocks

07:18 EST Astrotech says 1st Detect sells TRACER 1000s to shipping & logistics company - Astrotech Corporation announced that 1st Detect has signed a contract with a global shipping and logistics company and is already fulfilling purchase orders. Under the terms of the contract, the 1st Detect TRACER 1000 has been approved on the company's approved vendor list and is now available for corporate-wide purchases on pre-negotiated terms.
MDGS

Hot Stocks

07:17 EST Medigus receives $1.2M payment as part of MUSE agreement in China - Medigus announced that the second installment in the amount of $1,200,000 was received in connection with the $3,000,000 agreement with Golden Grand for the use and sale of the company's Medigus Ultrasonic Surgical Endostapler system in China, Hong Kong, Taiwan and Macao. The company announced on July 2019, the receiving of the first installment, in the amount of $600,000. Golden Grand has been Medigus' distributor of its MUSE systems in China since 2015. Under the terms of the agreement, in exchange for the license, training services and any goods sold, Golden Grand will pay Medigus the consideration in four installments and until the assembly of a production line in China is completed. The MUSE system is a single-use flexible transoral stapler that merges the latest advancements in microvisual, ultrasonic and surgical stapling.
DXLG

Hot Stocks

07:16 EST Destination XL to close two Rochester Clothing stores, one DXL store in Q4
DXLG

Hot Stocks

07:15 EST Destination XL expects FY19 free cash flow to be breakeven - The company said, "For fiscal 2019, we expect comparable sales in our omni-channel retail business to be flat and free cash flow to be approximately breakeven. Since Mr. Kanter joined the Company on April 1, 2019, we have made progress in developing the mission, vision and strategic plan, which informs and defines our transformation as we have begun to execute the strategy to engage the big and tall men across the omni-channel landscape. We are making capital investments in both our customer relationship capabilities and our data infrastructure and analytical capabilities. We believe these investments are required as we move forward in this digitally-driven retail environment in which we operate today. A significant step toward this ongoing commitment to building out a digitally-centric marketing organization was the appointment in October 2019 of Erica Thompson as our Chief Marketing Officer and today's appointment of Ujjwal Dhoot as Chief Digital Officer."
ANIX

Hot Stocks

07:13 EST Anixa Biosciences announces Cchek study collaboration with UCA - Anixa Biosciences announced a collaboration with Urology Centers of Alabama, or UCA, in the Cchek early prostate cancer detection study. UCA will provide patient samples in Anixa's ongoing study, including support of clinical validation of Anixa's Cchek Prostate Cancer Confirmation test. UCA is one of several sites across the U.S. participating in this study.
DXLG

Hot Stocks

07:11 EST Destination XL announces Ujjwal Dhoot as chief digital officer - Destination XL announced that Ujjwal Dhoot has joined its team as chief digital officer. Dhoot's skills, expertise in digital marketing and strategy, e-commerce P&L management, and thought leadership in omni-channel retail will help DXL. Prior to joining DXL, Dhoot held senior marketing positions with FSAstore.com, Charming Charlie and PetCareRx.com. At DXL, he will be responsible for all digital initiatives across the entire organization, including building the brand digitally, driving traffic to stores, mobile commerce, ecommerce, and the company's overarching digital marketing strategy.
ENR

Hot Stocks

07:09 EST Energizer targets 'top-line growth above category' in FY20-FY22 - Also targets adjusted cumulative gross margin expansion of 250bps, adjusted EBITDA growth per year in the mid-teens, and over $100M in synergy cost savings from network optimization. Outlook from the company's Analyst Day presentation released yesterday afternoon.
NVCN

Hot Stocks

07:08 EST Neovasc says Reducer featured during therapy development program in Coburg - Neovasc announced today that the Neovasc Reducer was featured during a program hosted in Coburg on Wednesday, November 20, 2019. Additionally, on Friday, November 22, 2019, a distinguished group of physicians will feature the Reducer in a GVM Care & Research Group dedicated session at the Maria Cecilia Hospital in Cotignola. Coburg is home to the largest Reducer implanting clinic in Germany and Neovasc plans to continue building out programs for active centers as part of its investment in the development of targeted therapy for refractory angina. On November 22, 2019, Professor Antonio Colombo and Doctor Giannini will chair a full day program that features the Reducer, hosted at Maria Cecilia Hospital and entitled "Coronary Sinus Reducer Meeting - Towards new horizons of refractory angina management." Numerous speakers will address current approaches and the unmet medical need, with up to 100 general cardiologists attending who will be able to review the robust clinical evidence on the Reducer therapy. GVM Group operates 23 hospitals in Italy, with Maria Cecilia being the first hospital it founded in the 1970s.
SJM

Hot Stocks

07:08 EST J.M. Smucker CEO says Q2 sales performance did not meet expectations - "While our second quarter sales performance did not meet our expectations, we delivered EPS growth ahead of our projection, reflecting our commitment to maintain financial discipline and strengthen our bottom line," said Mark Smucker, president and CEO. "Despite continuing softness for our premium dog food offerings, we were pleased with the performance for the balance of our portfolio, as the momentum for our cat food and pet snacks businesses continued with year over year sales increases, our high growth coffee brands improved household penetration and market share, and Smucker's(R) Uncrustables(R) grew 19 percent, helping accelerate growth in snacking. Looking ahead, the actions we are taking across the Company, including the recently announced leadership changes, position us well for future long-term growth and shareholder value creation."
LHCG

Hot Stocks

07:06 EST LHC Group, Texas Health, Methodist Health purchase Healthcare Resources - LHC Group, Texas Health Resources, and Methodist Health System announced an agreement for DFW Home Health to purchase and share ownership of Healthcare Resources. DFW Home Health is a separate legal entity jointly owned by LHC Group, Texas Health Resources, and North Texas Health Facilities Management, Inc., a subsidiary of Methodist Health System. The partnership has been in operation since 2012. This acquisition expands the partnership's footprint to four locations across the Dallas/Fort Worth Metroplex - joining sister locations in Dallas, Fort Worth, and Denton. DFW Home Health provides in-home healthcare services for 25 hospitals and, in 2019, will provide care for approximately 8,000 patients. It is anticipated that the agreement will be finalized on January 1, 2020, subject to customary closing conditions, at which time the partnership will assume management responsibility. LHC Group expects approximately $2.4M in annualized revenue from this joint venture and anticipates that it will not materially affect its 2020 diluted earnings per share. The agency name will change to DFW Home Health Arlington. It will continue to operate from its current location in Arlington.
DXLG

Hot Stocks

07:04 EST Destination XL appoints Ujjwal Dhoot as CDO - Destination XL Group announced that Ujjwal Dhoot has joined its team as chief digital officer. Prior to joining DXL, Dhoot held senior marketing positions with FSAstore.com, Charming Charlie and PetCareRx.com. At DXL, he will be responsible for all digital initiatives across the entire organization, including building the brand digitally, driving traffic to stores, mobile commerce, ecommerce, and the Company's overarching digital marketing strategy. Dhoot will effectively join the Company on December 16, 2019 and in connection with his employment, he will receive a $125,000 sign-on award of restricted stock units. The number of shares will be determined on that day based on the Company's previous trading day's closing stock price. The RSUs will vest on April 1, 2020 and will be subject to claw-back if Mr. Dhoot terminates his employment voluntarily and without good reason before January 30, 2022.The RSUs will be granted outside of the Company's stockholder-approved stock compensation plan. The RSUs were approved by the compensation committee of the board of directors, which is comprised solely of independent directors, as a material inducement to Dhoot's entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).
STAY

Hot Stocks

07:02 EST Extended Stay America appoints Bruce Haase as Chief Executive Officer - Extended Stay America, and its paired-share REIT, ESH Hospitality, announced the appointment of Bruce Haase as President and Chief Executive Officer, effective immediately. Haase has been elected to serve as a director of Extended Stay America, Inc. and will continue to serve as a director of ESH Hospitality, Inc. He succeeds Jonathan Halkyard, who will continue to advise the Company through February 25, 2020.
WING

Hot Stocks

07:02 EST Wingstop appoints Christina Clarke as CMO - Wingstop announced the appointment of Christina Clarke as chief marketing officer, previously interim CMO of Wingstop, and Donnie Upshaw as SVP of people, previously VP of Human Resources. .
EYEG

Hot Stocks

06:59 EST EyeGate announces OBG study meets primary endpoint - EyeGate announced that it has received select topline data, specifically the primary endpoint, demonstrating superiority over standard-of-care in its corneal wound repair pivotal study using the Ocular Bandage Gel, or OBG, eye drop. The results of this study demonstrated that EyeGate's OBG eye drop provided a greater improvement in corneal re-epithelialization than those treated with the standard-of-care, a bandage contact lens. The statistical significance measurement was based on the number of subjects in each arm that achieved complete corneal defect closure three days post refractive surgery. At day 3, 80.2% of eyes receiving the OBG treatment regimen were completely healed compared with 67.0% for standard-of-care. This resulted in a p-value of 0.0203 in favor of OBG. In accordance with FDA standards, a p-value of 0.05 or less demonstrates superiority. As previously disclosed, the study randomized a total of 234 subjects receiving a large 9 mm corneal epithelial wound required for photorefractive keratectomy surgery. The primary endpoint was masked using a reading center to determine the outcome. The company expects to receive additional topline data next week, followed by the full data package in mid-December.
ACM

Hot Stocks

06:58 EST Aecom board to initiate CEO succession process
ACM

Hot Stocks

06:58 EST Aecom to separate chairman, CEO roles after new CEO is appointed
ACM

Hot Stocks

06:58 EST Aecom says Steven A. Kandarian to serve as board's lead independent director
ACM

Hot Stocks

06:58 EST Aecom board to expand to 11 members initially
ACM

Hot Stocks

06:57 EST Aecom says Chairman and CEO Michael Burke intends to retire
ACM

Hot Stocks

06:57 EST Aecom announces governance agreement with Starboard Value - AECOM announced a governance agreement with Starboard Value LP, an investment firm and shareholder of the company, which provides for the appointment of three new independent directors recommended by Starboard, including Starboard Managing Member, Peter A. Feld, to the AECOM Board of Directors. Michael S. Burke, AECOM Chairman and CEO, has also notified the Board that he intends to retire. The Board will initiate a CEO succession process, with Burke continuing in his role as Chairman and CEO until a successor is identified by or prior to AECOM's 2020 Annual Meeting of Shareholders. Under the governance agreement, the size of AECOM's Board is expanding to 11 members initially. Peter A. Feld and Robert G. Card will join the Board immediately, with Jacqueline C. Hinman joining by December 16, 2019. Directors James H. Fordyce and Linda M. Griego, who have served on AECOM's Board since 2006 and 2005, respectively, have retired. Additionally, one current director will not stand for re-election at the company's 2020 Annual Meeting expected to be held in March, ultimately reducing the size of the Board to 10 members. Current director Steven A. Kandarian will serve as the Board's Lead Independent Director. Following the appointment of a new CEO, the roles of Chairman and CEO will be separated. The terms of the governance agreement with Starboard also include committee appointments, committee leadership roles, and the formation of a CEO search committee, among other items. As part of the agreement, Starboard has agreed to customary standstill provisions and voting commitments. Additionally, in connection with this announcement, AECOM shareholder Engine Capital has committed to vote its shares in support of all of AECOM's director nominees at the 2020 Annual Meeting.
HIBB

Hot Stocks

06:54 EST Hibbett Sports announces strategic realignment, accelerated store closure plan - Hibbett Sports announced the following: "As the retail environment continues to evolve, the company is focused on improving the productivity of the store base while continuing to grow its omni-channel business to serve customers where and when they want to shop. As previously reported, the company is proceeding with the closing of approximately 95 Hibbett stores in FY20, which is expected to result in non-recurring impairment and store closure charges in the range of 8c-12c per diluted share in FY20."
HIBB

Hot Stocks

06:51 EST Hibbett Sports reports Q3 SSS up 10.7%
MD

Hot Stocks

06:50 EST Mednax announces affiliation with Associated Pediatricians of Homestead - Mednax announced its affiliation with Arcenio Chacon and Associated Pediatricians of Homestead, a private pediatric critical care and hospitalist practice based in Miami. Founded in 1993, the practice is a group that has served Baptist Health South Florida for more than 25 years. Comprising four physicians, the group provides pediatric critical care and hospitalist services at Baptist Children's Hospital and hospitalist services at Miami Cancer Institute and Homestead Hospital.This affiliation adds to the services Mednax provides in Florida through its network of affiliated physicians across multiple specialties, including maternal-fetal medicine, OB hospitalist, neonatology, newborn hearing screen, pediatric cardiology, pediatric critical care, pediatric hospitalist, pediatric surgery/plastic surgery, pediatric urology, developmental pediatrics, anesthesiology and radiology. This was a cash transaction, and it is expected to be immediately accretive to earnings. No additional terms of the transaction were disclosed.
FL

Hot Stocks

06:48 EST Foot Locker reports Q3 inventories $1.30B, down 0.1% from last year
FL

Hot Stocks

06:47 EST Foot Locker reports Q3 gross margin 32.1% vs. 31.6% last year
FL

Hot Stocks

06:47 EST Foot Locker CEO says 'pleased with performance' in Q3 - CEO Richard Johnson states: ""We are pleased with our performance in the quarter, which reflects the success of our strategic focus on building even deeper connections with our customers and further strengthening relationships with our vendors. Across the Company, we are making great strides in implementing our four strategic imperatives, which are designed to ensure we are best positioned to compete in the retail marketplace by inspiring and empowering youth culture while also strengthening our bottom line and driving value for our shareholders."
SOL BK

Hot Stocks

06:21 EST ReneSola, BNY Mellon reach agreement to waive annual depository service fee - ReneSola (SOL) announced that the company and Bank of New York Mellon (BK), the company's depositary bank for its American depositary shares , or ADSs, have reached an agreement to waive the annual depositary service fee for the holders of the company's ADSs. BNYM currently charges the holders of ReneSola's ADSs a fee of 2c per ADS per annum for depositary services. The agreement specifies that, effective November 21, ReneSola will make an annual payment to BNYM for depositary services on behalf of its shareholders.
LCII

Hot Stocks

06:08 EST LCI Industries subsidiary to acquire CURT Group for about $340M - LCI Industries announced that its wholly-owned subsidiary, Lippert Components, has entered into a definitive agreement to acquire CURT Group, a leading manufacturer and distributor of branded towing products and truck accessories for the aftermarket, for approximately $340M. The transaction is expected to close before the end of 2019, subject to customary closing conditions, including regulatory approval.
ATHM

Hot Stocks

05:19 EST Autohome appoints Xiao Wang as Chief Technology Officer - Autohome announced the appointment of Xiao Wang as the Chief Technology Officer of the company. The appointment took effect on November 22. Xiao Wang has served as the company's vice president of big data since August 2017.
JELD

Hot Stocks

05:17 EST Jeld-Wen will appeal latest ruling in Steves litigation - Jeld-Wen responded to the latest ruling in its ongoing litigation with Steves & Sons. The ruling awards further relief of $7M to Steves as a follow-on to last year's jury verdict. The company is appealing the underlying judgment and will appeal the latest ruling as well. The company believes that many of the rulings that have been made during the course of this litigation are unprecedented and fundamentally incorrect as a matter of law, such as the exclusion of evidence of Steves' theft of Jeld-Wen's trade secrets from the antitrust/breach of contract trial, and the fact that the transaction that Jeld-Wen's 2012 acquisition of CraftMaster Manufacturing Inc. was twice investigated by the Antitrust Division of the Department of Justice, which in both instances closed its investigations without taking any action. As Jeld-Wen has maintained throughout, the facts underlying this dispute do not establish either a violation of the antitrust laws or a breach of contract. Jeld-Wen's appeal of the final judgment in the underlying action is now fully briefed and awaiting oral argument. The most recent decision granting further relief is once again overreaching and procedurally improper. Jeld-Wen intends to appeal this judgment, as it did with the judgment in the underlying actions, and will seek a stay of this decision pending resolution of that appeal. Gary Michel, president & CEO, commented, "Jeld-Wen continues to make its first priority serving our customers and providing the industry-leading products for which our clients have come to depend on us. This case has not - and will not - shift our focus away from delivering for our customers. Throughout these court proceedings and appeal process, we have continued the market-leading innovation and high service levels our customers have come to know and value."