Stockwinners Market Radar for December 29, 2019 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service |
WE... | Hot Stocks19:47 EST Fly Intel: Top five weekend stock stories - Catch up on the weekend's top five stories with this list compiled by The Fly: 1. WeWork (WE) will have to pay close to $17M to replace its co-chief executives under exit packages negotiated in the run-up to the company's rescue by SoftBank (SFTBY), Financial Times' Eric Platt reported, citing documents and people briefed on the matter. 2. A tweet from President Donald Trump that identified an intelligence analyst as the alleged whistleblower who helped spark his impeachment was temporarily blocked, with Twitter (TWTR) blaming an outage that affected a number of user accounts, according to Reuters. 3. Applied Materials (AMAT) stock is now back to $61 after it had fallen to $35, but it is still likely to rise above $80 on record earnings this cycle, Jack Hough wrote in this week's edition of Barron's. While the discount is not as deep as it was, Applied Materials remains 12% cheaper than the S&P 500 relative to earnings forecasts and for long-term investors, especially, it is not too late to buy, the author noted. 4. Disney's (DIS) "Star Wars: The Rise of Skywalker" won this weekend's North American box office again. The movie earned an estimated $135M for the five-day holiday for a 10-day North American cume of $361.8M. Overseas, "The Rise of Skywalker" remained atop the chart, grossing another $94.3M for a foreign total of $263M and $724.8M globally. The pic sports a B+ CinemaScore and a 57% Rotten Tomatoes rating. 5. Smartsheet (SMAR), Datadog (DDOG), Activision Blizzard (ATVI) and TSMC (TSM) saw positive mentions in this week's edition of Barron's, while Boeing (BA) was mentioned cautiously.
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RCEL | Hot Stocks19:04 EST Avita Medical receives FDA IDE approval to Evaluate RECELL system for vitiligo - Avita Medical announced that the U.S. Food and Drug Administration has approved the company's Investigational Device Exemption application to conduct a feasibility study evaluating the safety and effectiveness of the RECELL Autologous Cell Harvesting Device for repigmentation of depigmented lesions associated with stable vitiligo. Avita Medical will collaborate with a leading medical center to conduct a pilot study with 10 patients who have vitiligo lesions that have been stable for at least one year. Areas of the vitiligo lesion will be randomly treated with slightly varying cell suspensions prepared using RECELL to confirm response rates and optimal suspension parameters. The randomized controlled study's primary effectiveness measure is the percent area of repigmented skin 24 weeks after treatment, as evaluated by a clinician blinded to the treatment assignment. Additional effectiveness data collected over the course of the 24-week study will include degree of repigmentation achieved and patient rating of repigmentation.
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AZN SPHRY | Hot Stocks18:59 EST AstraZeneca commences Phase 1 trial for clinical trial for AZD0466 - Starpharma (SPHRY) announced that AstraZeneca (AZN) has commenced a phase 1 clinical trial of AZD0466 and the first patient has been successfully dosed. The trial will recruit patients with a range of cancers and will be conducted at 4-5 U.S. sites. The development of AZD0466, is being progressed under a multi-product license whereby Starpharma is eligible to receive development, launch and sales milestones of up to $124M, plus tiered royalties on net sales. The first dose of AZD0466 administered in the phase 1 trial has triggered a milestone payment to Starpharma of $3M. AstraZeneca also funds the development costs of DEP AstraZeneca products under the license. AstraZeneca describes AZD0466 as having the potential to be a 'best-in-class' agent in this field with a broad opportunity in solid and haematological tumors due to its ability to target both Bcl2 and Bcl/xL1.
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BGNE | Hot Stocks15:15 EST China National Medical Products Administration approves BeiGene's Tislelizumab - BeiGene announced that its anti-PD-1 antibody tislelizumab has received approval from the China National Medical Products Administration as a treatment for patients with classical Hodgkin's lymphoma who have received at least two prior therapies. The new drug application was previously granted priority review by the NMPA. Following the recent approval of BRUKINSA by the U.S. Food and Drug Administration, tislelizumab is BeiGene's first drug approved in China. Developed by BeiGene scientists, tislelizumab is a humanized IgG4 anti-PD-1 monoclonal antibody specifically designed to minimize binding to FcgammaR, which is believed to play an essential role in activating phagocytosis in macrophages to minimize its negative impact on T effector cells. In addition, a supplementary new drug application for tislelizumab in patients with previously treated locally advanced or metastatic urothelial carcinoma has been accepted and granted priority review by the Center for Drug Evaluation at the NMPA. The NMPA approval is based on the clinical results from a single-arm, multi-center, pivotal Phase 2 trial BGB-A317-203. Among the patients who were evaluable for responses, with a minimum follow-up of 12 months and a median follow-up of 14 months, the independent review committee-assessed objective response rate was 76.9% and the complete response rate was 61.5%. In the R/R cHL trial BGB-A317-203, the most common adverse reactions reported were pyrexia, hypothyroidism, weight increase, pruritus, decreased white blood cell count, upper respiratory tract infection, increased alanine aminotransferase, rash, decreased neutrophil count, cough, fatigue, and increased blood bilirubin. Grade 3 and above adverse reactions occurring in greater than or equal to 2% of patients included pneumonitis, weight increase, severe skin reactions and hypertension. There was no fatal adverse reaction case reported from BGB-A317-203. BeiGene is currently working with Boehringer Ingelheim to prepare for the commercial supply to launch of tislelizumab in China.
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TSLA | Hot Stocks09:31 EST Tesla's Musk says Boring Co. Las Vegas tunnel 'hopefully' operational in 2020 - Elon Musk tweeted that his Boring Co. will have a transportation tunnel it is building in Las Vegas "hopefully fully operational in 2020."Reference Link
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