Stockwinners Market Radar for February 20, 2020 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

BXC

Hot Stocks

20:46 EST BlueLinx unaware of tender offer from Bluefin, will resume trade tomorrow - The company states: "BlueLinx Holdings responded today to a press release issued by an investment firm that goes by the name of Bluefin Acquisitions, LLC. In its press release, Bluefin Acquisitions claimed that it was making a tender offer to acquire at least 35% of the Company's common stock at a price of $24.50 per share. The company was not aware of this purported offer. Upon learning of the press release and not being able to verify that it was a legitimate offer, the NYSE halted trading in the Company's stock for the remainder of the trading day. We expect that trading will resume tomorrow, February 21, when the market opens."
VAL

Hot Stocks

19:57 EST Valaris CEO expecting 2020 losses and negative cash flows - CEO Tom Burke says: "Last year was pivotal in the company's evolution as an industry-leading offshore services provider. In April, we merged two leading offshore drillers to form Valaris and committed to delivering meaningful ongoing synergies from the combination. We made great strides to integrate the company in the months that followed, including completing the majority of our planned integration activities that have resulted in the company reaching approximately $135M of annual run rate synergies by year-end 2019. Most importantly, we continued to deliver safe, efficient and reliable services to customers in 2019 - with 98% operational utilization across the fleet and safety performance significantly better than the industry - while achieving these integration and synergy milestones, which is a testament to the hard work and professionalism of our dedicated employees around the world. We also enjoyed commercial success, signing new contracts that added $1.8B to our contracted revenue backlog during the year, reflecting the success of our team's efforts to win new work for our rigs in improving, albeit still challenging, market conditions. We have carried this contracting momentum into 2020 with the addition of incremental backlog and we are in advanced discussions with customers for several new contracts. While our diverse, high-quality modern rig fleet and technical expertise position us well to continue adding future backlog, we expect to report losses and have negative cash flows during 2020 despite gradual improvement in utilization and average day rates for Valaris' fleet."
WPM

Hot Stocks

19:47 EST Wheaton Precious Metals reports FY19 gold output 406.6K oz. vs. 390K forecast - Reports FY19 silver output 22.5M oz. vs. 21.0M prior forecast. Sees FY20 gold output 390K-410K oz and silver output 22.0M-23.5M oz. The company states: "In 2020, gold production is forecast to remain strong primarily driven by Salobo and San Dimas. Silver production in 2020 should be stable as growth from Penasquito is expected to be partially offset by slight decreases at Antamina and Constancia due to mine planning. At Constancia, Hudbay Minerals announced that it has secured the surface rights for the Pampacancha deposit and expects to begin mining the satellite deposit in late in 2020; however, Wheaton's forecast attributable production in 2020 currently does not include any contribution from the Pampacancha deposit4. Palladium production is expected to increase in 2020 as the Blitz project at the Stillwater mine continues to ramp up. Average production over the next five years is expected to increase primarily due to continued production growth from Penasquito, Constancia and Stillwater as well as the commencement of the Voisey's Bay stream in 2021. At Penasquito, grades are expected to increase and the addition of the pyrite leach plant is anticipated to improve recoveries. At Constancia, anticipated delay payments and production from the Pampacancha deposit is included in Wheaton's five year production average. Palladium and gold production from Stillwater is expected to increase with the continued ramp up of the Blitz project which is expected to reach full capacity in 2021. In addition, effective January 1, 2021, Wheaton will be entitled to receive from Vale an amount of cobalt equal to 42.4% of the Voisey's Bay mine cobalt production. The expansion at the Salobo mine, which will increase mill throughput capacity by 50%, is also expected to begin contributing to gold production in 2023. And lastly, Wheaton does not include any production from Barrick Gold Corp.'s Pascua-Lama project or Hudbay's Rosemont project in its estimated average five-year production guidance."
GLD

Hot Stocks

19:05 EST SPDR Gold Shares holdings rise to 933.94MT from 931.60MT - This is the fourth consecutive increase and the highest level of holdings since November of 2016.
EHTH...

Hot Stocks

19:04 EST Fly Intel: After Hours Movers - UP AFTER EARNINGS: eHealth (EHTH) up 17.7%... Aeri Pharma (AERI) up 15.1%... Zix Corp (ZIXI) up 11.9%... Bandwidth (BAND) up 11.7%... Drobox (DBX) up 10.9%... National CineMedia (NCMI) up 8.0%... Texas Roadhouse (TXRH) up 7.2%... Sprouts Farmers (SFM) up 6.1%... Globant (GLOB) up 5.1%... SSR Mining (SSRM) up 4.4%... Pro Assurance (PRA) up 3.2%... Cardtronics (CATM) up 2.4%... SBA Communications (SBAC) up 1.9%... Floor&Decor (FND) up 1.4%. ALSO HIGHER: Baudax Bio (BXRX) up 21.5% after FDA approval of Anjeso for pain management... Sprint (S) up 5.2% after modifying T-Mobile combination closing as early as Apr. 1st. DOWN AFTER EARNINGS: TrueCar (TRUE) down 23.5%... First Solar (FSLR) down 13.7%... Livent Corp (LTHM) down 13.2%... Zscaler (ZS) down 12.3%... Appian Corp (APPN) down 10.6%... Conduent (CNDT) down 9.7%... DMC Global (BOOM) down 9.7%... Puma Biotechnology (PBYI) down 8.1%... Builders FirstSource (BLDR) down 7.7%... Fastly (FSLY) down 5.7%... Boyd Gaming (BYD) down 5.0%... Envestnet (ENV) down 4.3%... CubeSmart (CUBE) down 4.1%... BJ's Restaurants (BJRI) down 3.9%... Rogers Corp (ROG) down 3.9%... Cabot Oil (COG) down 3.8%... Universal Displays (OLED) down 2.9%... Orion Engineered Carbons (OEC) down 2.6%... Nabors (NBR) down 2.6%... Covanta Holding (CVA) down 2.4%... Vici Properties (VICI) down 1.9%... Aspen Aerogels (ASPN) down 1.6%... Fitbit (FIT) down 1.2%. Movers as of 18:30ET.
DPZ

Hot Stocks

18:42 EST Domino's Pizza CEO: We're really happy with the quarter on all dimensions - In an interview on CNBC's Mad Money, Domino's Pizza CEO Richard Allison discussed the company's Q4 results. Allison said, "We're trying to grow the take out business as it has larger margins. The cost of carrying out food to the customer is getting more expensive." He noted that out of approximately 270 stores in China, only a handful are closed. The company is using "contactless delivery" in China to mitigate the coronavirus risk.
DPZ

Hot Stocks

18:38 EST Domino's Pizza CEO: We're really happy with the quarter on all dimensions - In an interview on CNBC's Mad Money, Domino's Pizza CEO Richard Allison discussed the company's Q4 results. Allsion said, "We're trying to grow the take out business as it has larger margins. The cost of carrying out food to the customer is getting more expensive." He noted that out of approximately 270 stores in China, only a handful are closed. The company is using "contactless delivery" in China to mitigate the coronavirus risk.
TMST

Hot Stocks

18:23 EST TimkenSteel sees Q1 shipments up 15% sequentially - Net loss is projected to be between $12M-$22M in Q1. EBITDA is projected to be between break-even to positive $10M. Capital spending is projected to be approximately $30M in 2020.
PLD

Hot Stocks

18:17 EST Prologis raises quarterly dividend by 9.4% to 58c per share - The dividend will be payable on March 31, 2020, to common stockholders of record at the close of business on March 16, 2020.
NICK

Hot Stocks

18:01 EST Nicholas Financial to acquire approximately $19M of active portfolio - Nicholas Financial announced that they have entered into an agreement with Platinum Auto Finance of Tampa Bay to acquire approximately $19M of Platinum's active and performing portfolio. This is the 3rd bulk portfolio purchase of Platinum Auto Finance's receivable base in as many months. The first bulk purchases were $1.1M and $0.9M respectively, laying the groundwork for this much larger acquisition.
PPC

Hot Stocks

17:57 EST Pilgrim's Pride CEO says specialty products to account for larger sales portion - CEO Jayson Penn says: "While overall global market conditions including U.S. commodity chicken improved during 2019, our team members have continued to deliver on our strategy, achieving a significant increase in relative performance compared to last year and to our industry competition. Our diverse global footprint has contributed to well-balanced and more consistent results against different specific market conditions. We maintain our approach to the successful Key Customer strategy, which is the basis for our strong growth. While our product portfolio is already differentiated, we are investing to further innovate, and increase our capacities and capabilities to meet customer demand. We expect value added, specialty products to account for a meaningfully larger portion of our total results over the next few years as we continue to de-emphasize the mix of more volatile commodity sales and strengthen our margin profile."
TARO

Hot Stocks

17:55 EST Taro Pharmaceutical issues voluntary recall of Phenytoin Oral Suspension - Taro Pharmaceuticals is voluntarily recalling two lots of Phenytoin Oral Suspension USP, 125 mg/5 mL both in 237 mL bottles, to the consumer level. Phenytoin Oral Suspension USP, 125 mg/5 mL is indicated for the treatment of tonic-clonic (grand mal) and psychomotor (temporal lobe) seizures and is packaged in amber plastic bottles with an inner seal and a white child proof closure, and each bottle contains 237 mL. The reason for the recall is that product from these two lots of Phenytoin Oral Suspension may not re-suspend when shaken, as instructed for administration, which could result in under or overdosing. This recall is being conducted with the knowledge of the FDA.
EGO

Hot Stocks

17:53 EST Eldorado Gold sees FY20 gold production 520K-550K ounces - Eldorado Gold said it is providing detailed 2020 production and cost guidance as well as a five-year production outlook. For 2020, the Company is forecasting a third consecutive year of increasing gold production. 2020 gold production guidance is 520,000-550,000 ounces of gold (versus 395,331 ounces produced in 2019). The Company expects average cash operating costs to decline from $608 per ounce of gold sold in 2019, to $550-600 per ounce of gold sold in 2020. AISC for 2020 is forecast to be $850-$950 per ounce of gold sold, compared to $1,033 per ounce of gold sold in 2019. With the extension of Kisladag's mine life and continued operations at Lamaque, Efemcukuru and Olympias, Eldorado is forecasting five-year production from its four current operations to average over 450,000 ounces of gold per year. In addition to the updated Kisladag technical report, the Company is in the process of updating technical reports for Olympias and Efemcukuru, which will be published by the end of Q1 2020. These reports, whose effective dates will be December 31, 2019, will provide a timely update to the current Technical Reports by describing each asset's operations and long term production profile. In the case of Efemcukuru, this will result in a slight, non-material change to the existing mineral resources and reserves.
EGO

Hot Stocks

17:52 EST Eldorado Gold announces 15-year mine life at Kisladag - Eldorado Gold announced a 15-year mine life at Kisladag based on the completed long-cycle heap leach testwork and the replacement of the tertiary crushing circuit with a high-pressure grinding roll circuit. A National Instrument 43-101 compliant technical report detailing the updates to the Kisladag project will be filed on SEDAR prior to the end of Q1 2020. "Kisladag has been the cornerstone asset of Eldorado for over a decade, producing over three million ounces of gold and generating significant value for all stakeholders during that period. Following the resumption of full operations last spring, and the significant work and testing undertaken by the Eldorado team over the past 18 months, we are pleased to announce a mine life extension at Kisladag that puts this asset back in the core of our portfolio", said George Burns, President and CEO.
HBM

Hot Stocks

17:48 EST Hudbay Minerals says blockades in Canada may result in elevated inventories - In Canada, recent protests involving blockades of CN rail service have affected shipments of zinc metal and copper concentrate from the Manitoba operations, and may result in elevated inventories in Q1 of 2020.
HBM

Hot Stocks

17:47 EST Hudbay Minerals says no impact at this time from coronavirus outbreak - Hudbay is closely monitoring the development of the Covid-19 coronavirus outbreak in China, but at this time there has been no impact on the timing of copper concentrate sales to customers in China or elsewhere.
HBM

Hot Stocks

17:47 EST Hudbay Minerals announces retirement of CFO David Bryson - Hudbay Minerals announced that David Bryson, Hudbay's senior VPand CFO, is retiring from the company, effective March 31, to pursue family and personal commitments. A search for a new CFO is underway, and Eugene Lei, currently Hudbay's senior VP, Corporate Development and Strategy, will act as interim CFO until the search process is concluded, after which he is expected to return to focusing on his current responsibilities.
EHTH

Hot Stocks

17:45 EST eHealth up 15% to $148.00 after Q4 results, FY20 guidance top estimates
DBX

Hot Stocks

17:25 EST Dropbox rallies 10% after Q4 results beat estimates
USEG

Hot Stocks

17:19 EST U.S. Energy provides preliminary Q4 production and year-end proved reserves - U.S. Energy increased production in Q4 to 36,774 BOE - 74% oil -, an average of approximately 400 BOE per day. This represents an increase of 6% compared to 3Q19. During 2019 the company produced 145,010 BOE - 76% oil -, an 18% increase over 2018. As of December 31, 2019, U.S. Energy has total proved reserves of approximately 995,720 Boe, all of which are proved developed producing reserves. This represents an approximate 14% increase over prior year reserve quantities. The proved reserves had a present value of estimated future net revenues before income taxes discounted at 10% value of $12.1M.
RS

Hot Stocks

17:18 EST Reliance Steel sees strong operating cash flow in FY20 but not same level as F19 - The company states: "Reliance announced record cash provided by operations of $1.30 billion for 2019, which was an increase of $636.9M, or 95.8%, from $664.6M in 2018. Reliance also provided its business outlook for the first quarter of 2020 guiding to non-GAAP earnings per diluted share in the range of $2.00 to $2.10. Reliance's practice is to provide quarterly earnings guidance including anticipated volume and pricing trends in the quarter. The company does not provide annual guidance given the transactional nature of its business, including short lead times with 40% of the orders received delivered the next day, coupled with volatility in metals pricing and the cyclicality of the many end markets of its customers. During the earnings call, Reliance's CFO responded to a question about anticipated cash provided by operations for the full year 2020 by stating that a conservative minimum level of cash provided by operations could be approximately $600M. The commentary was not intended to provide guidance or establish the bottom of a range for cash provided by operations in 2020. Reliance expects strong cash provided by operations for the full year 2020, though not at the same record level as 2019 which was supported by record earnings and a $211.8M reduction in inventory."
S TMUS

Hot Stocks

17:17 EST T-Mobile, Sprint see combination closing as early as April 1 - "With today's agreement in place, we are now turning our attention toward our goal of closing this transaction and creating the New T-Mobile as early as April 1, 2020," said Mike Sievert, COO and President of T-Mobile, and appointed CEO of the company starting on May 1. "We are on the verge of being able to do what we've set out to do from day one -- reshape a broken wireless industry and create the new standard for consumers when it comes to value, speed, quality and service. The New T-Mobile is literally going to change wireless for good and now we're almost ready to get to the fun part: bringing our teams together, building this supercharged Un-carrier and becoming the envy of the wireless industry and beyond!"
S TMUS

Hot Stocks

17:16 EST T-Mobile, Sprint modify business combination agreement - T-Mobile US (TMUS) and Sprint Corporation (S) announced that they have entered into an amendment to their definitive Business Combination Agreement to create the New T-Mobile. The boards of T-Mobile and Sprint have unanimously approved the amendment. The amendment has no impact on T-Mobile's previously stated outlook on the New T-Mobile's synergies, long-term profitability and cash generation. A separate arrangement entered into by SoftBank Group Corp. in connection with the amendment will result in an effective exchange ratio of approximately 11.00 Sprint shares for each T-Mobile share immediately following the closing of the merger, an increase from the originally agreed 9.75 shares. This is a result of SoftBank agreeing to surrender approximately 48.8M T-Mobile shares acquired in the merger to New T-Mobile immediately following the closing of the transaction, making SoftBank's effective ratio 11.31 Sprint shares per T-Mobile share. Sprint shareholders other than SoftBank will continue to receive the original fixed exchange ratio of 0.10256 T-Mobile shares for each Sprint share, or the equivalent of approximately 9.75 Sprint shares for each T-Mobile share. Immediately following the closing, and after the surrender of shares by SoftBank, Deutsche Telekom and SoftBank are expected to hold approximately 43% and 24%, respectively, of the fully diluted New T-Mobile shares, with the remaining approximately 33% held by public shareholders. T-Mobile has agreed to re-issue to SoftBank the previously surrendered shares upon the achievement of certain stock price milestones by New T-Mobile during a specified measurement period, and subject to certain additional terms, as outlined in the letter agreement that will be filed by each of T-Mobile and Sprint with the SEC. In addition, the amendment extends the "outside date" under the Business Combination Agreement to July 1, and modifies certain other provisions of the Business Combination Agreement as described in the companies' SEC filings.
AYX

Hot Stocks

17:16 EST Alteryx director Eileen Schloss sells over $626K in company shares - Alteryx director Eileen Schloss disclosed in a filing that she had sold 4,000 shares of company stock at an average price of $156.63 per share on February 19. The total transaction value of the sale was $626,520.
DBX

Hot Stocks

17:15 EST Dropbox announces $600M share repurchase plan - The board of Dropbox authorized the company to repurchase up to $600M of its Class A shares. The repurchase is expected to be executed, subject to general business and market conditions and other investment opportunities, through open market purchases or privately negotiated transactions, including through Rule 10b5-1 plans.
WWW MMM

Hot Stocks

17:14 EST 3M, Wolverine World Wide reach settlement agreement - 3M (MMM) and Wolverine World Wide (WWW) have reached an agreement to address PFAS in the environment in Michigan's Plainfield and Algoma Townships. This agreement resolves legal claims between the two companies and pertains only to the lawsuit between Wolverine and 3M. Under the terms of the settlement, 3M will make a fixed financial contribution of $55 million to support Wolverine's past and ongoing efforts to address PFAS remediation under Wolverine's Consent Decree with the state of Michigan. This amount was part of 3M's fourth-quarter significant litigation-related charge that was discussed during its January 28, 2020, earnings conference call and included in the recently filed Form 10-K. 3M will not be responsible for any additional response costs incurred in connection with the Consent Decree. Wolverine reflected incremental environmental remediation costs of $113 million and has stated that "actual amounts could differ significantly in the future as circumstances evolve."
IEA

Hot Stocks

17:11 EST Infrastructure and Energy Alternatives announce departure of CFO Andrew Layman - Infrastructure and Energy Alternatives announced that the company's CFO, Andrew Layman, has voluntarily resigned to pursue other opportunities. Layman's departure is not based on any disagreement with the company's accounting principles, practices or financial statement disclosures. IEA's board has appointed Peter Moerbeek as CFO on an interim basis, effective immediately.
WWW MMM

Hot Stocks

17:05 EST Wolverine World Wide's Consent Decree with Michigan approved - Wolverine World Wide (WWW) announced that U.S. District Judge Janet T. Neff has approved a Consent Decree reached earlier this month among the Company, the State of Michigan, Plainfield Charter Township, and Algoma Township. This Consent Decree resolves the litigation between the parties and includes significant next steps in Wolverine's already extensive efforts to ensure long-term water quality and continued environmental remediation in and around its hometown. The company also announced a settlement of its lawsuit against 3M Company (MMM). Under the terms of the settlement, 3M is making a lump sum financial contribution of $55 million towards Wolverine's efforts to address PFAS remediation under the Consent Decree.
FSLR

Hot Stocks

17:04 EST First Solar drops 14% to $51.20 after trading resumes
SFM

Hot Stocks

17:04 EST Sprouts Farmers Market up 6.6% after reporting Q4 earnings, giving guidance
NE

Hot Stocks

17:04 EST Noble Corp. receives NYSE continued listing standard notice - Noble Corporation announced that on February 19, 2020 it received formal notice of non-compliance with the New York Stock Exchange share price continued listing standards, which require a listed common stock to maintain a minimum average closing price of $1.00 per share for 30 consecutive trading days. The Company intends to regain compliance with the NYSE's listing standards, and as required by the NYSE, the Company intends to respond to the NYSE within ten business days with respect to its intent to cure the deficiency. Under the NYSE's rules, Noble has a period of six months from the date of the NYSE Notice to regain compliance with the minimum share price criteria by bringing its share price and thirty trading-day average share price above $1.00. Noble can regain compliance at any time during the six-month cure period if its ordinary shares have a closing price of at least $1.00 per ordinary share on the last trading day of any calendar month during the cure period and an average closing price of at least $1.00 per ordinary share over the 30-trading day period ending on the last trading day of that month.
METC

Hot Stocks

17:02 EST Ramaco Resources sees 2020 total production 1.8M-2.1M tons - Sees 2020 CapEx $25M-$30M.
RIO

Hot Stocks

17:02 EST Rio Tinto says Oyu Tolgoi to pursue international arbitration on MTA dispute - Rio Tinto announces that Oyu Tolgoi has initiated a formal international arbitration process to seek a definitive resolution with regard to a dispute with the Mongolian Tax Authority, or MTA, concerning taxes paid by Oyu Tolgoi between 2013 and 2015. The dispute resolution provisions set out in the 2009 Investment Agreement and the 2015 Underground Mine Development and Financing Plan with the Government of Mongolia call for arbitration under the United Nations Commission on International Trade Law arbitration rules, to be heard in London before a panel of three arbitrators. On 16 January, 2018, Oyu Tolgoi received a tax assessment for approximately $155 million from the MTA relating to an audit on taxes imposed and paid by Oyu Tolgoi between 2013 and 2015. In January 2018, Oyu Tolgoi paid an amount of $4.8M to settle unpaid taxes, fines and penalties for accepted items.
TXRH

Hot Stocks

17:01 EST Texas Roadhouse up 7% after reporting Q4 earnings
ITCI

Hot Stocks

17:01 EST Intra-Cellular says CAPLYTA study results published in JAMA Psychiatry - Intra-Cellular Therapies announced the publication of results from its CAPLYTA clinical trial in adult patients with schizophrenia. The article, "Efficacy and Safety of Lumateperone for Treatment of Schizophrenia: A Randomized Clinical Trial", was recently published online in JAMA Psychiatry. In this trial, CAPLYTA 42 mg met the primary endpoint and demonstrated antipsychotic efficacy with statistically significant superiority over placebo at Week 4 as measured by the change from baseline on the Positive and Negative Syndrome Scale total score. CAPLYTA 42 mg also met the key secondary endpoint of statistically significant improvement on the Clinical Global Impression Scale for Severity of Illness. CAPLYTA 42 mg showed significant antipsychotic efficacy as early as week 1, which was maintained at every time point throughout the study. The most commonly reported adverse events occurring for CAPLYTA 42 mg in greater than or equal to5% of patients and greater than2 times the rate in the placebo group were somnolence, sedation, fatigue, and constipation. No significant differences were observed compared to placebo on metabolic parameters, including weight, cholesterol, triglycerides, glucose and insulin, or on prolactin levels. No extrapyramidal symptoms-related TEAEs occurred in 5% or more of patients in any treatment arm. "Treatment with CAPLYTA 42 mg significantly improved symptoms in patients with acute exacerbation of schizophrenia with a favorable tolerability profile," said Dr. Christoph Correll, Professor of Psychiatry and Molecular Medicine at the Zucker School of Medicine at Hofstra/Northwell, New York. "CAPLYTA represents an important addition to the treatment options of healthcare providers managing this heterogeneous mental condition."
HPQ XRX

Hot Stocks

17:00 EST HP shareholder rights plan only exercisable if 20% or more HP stock acquired - The rights plan has several recognized shareholder protections, including guarding against coercive tactics to gain control without paying all shareholders an appropriate premium for that control; expiring in one year, and the board intends to consider whether to terminate the rights plan earlier than such date if circumstances warrant; and facilitating the ability of all shareholders to realize the long-term value of their investment in the company. The rights will be exercisable only if a person or group acquires 20% or more of HP's common stock, subject to certain exceptions. Each right will entitle shareholders to buy one one-hundredth of a share of a new series of junior participating preferred stock at an exercise price of $100. If a person or group acquires 20% or more of HP's outstanding common stock, each right will entitle its holder -- other than such person or members of such group -- to purchase for $100, a number of HP common shares having a market value of twice such price. In addition, at any time after a person or group acquires 20% or more of HP's outstanding common stock -- unless such person or group acquires 50% or more -- the board may exchange one share of the company's common stock for each outstanding right. Prior to the acquisition by a person or group of beneficial ownership of 20% or more of the company's common stock, the rights are redeemable for 1c per right at the option of the board.
FSLR

Hot Stocks

17:00 EST First Solar trading resumes
HPQ XRX

Hot Stocks

16:51 EST HP adopts limited duration shareholder rights plan following Xerox offer - The board of HP (HPQ) adopted a shareholder rights plan and declared a dividend distribution of one preferred share purchase right on each outstanding share of HP common stock. The board adopted the rights plan following the announcement by Xerox Holdings Corporation (XRX) that Xerox intends to commence a tender offer to acquire all of the outstanding shares of HP common stock. HP has previously said that on February 24, when out of its quiet period, HP will share additional information about its plan to drive sustainable long-term value for its shareholders, including through the execution of the company's multi-year strategic and financial plan and the deployment of its strong balance sheet; and that HP wants its shareholders to have full information on the company's earnings and the value inherent in the company before responding to Xerox's February 10 press release. "HP's board is focused on creating long-term value for HP shareholders. We believe it is essential that HP shareholders have sufficient time and full information when considering any tender offer that Xerox may commence," said Chip Bergh, chair of HP's board. "As we have previously said, we are very concerned about Xerox's aggressive and rushed tactics, and any process that is not based on full information is a threat to our shareholders." The rights will not prevent a combination of HP with another business, but should encourage Xerox, or anyone else seeking to acquire the company, to negotiate with the board prior to attempting to impose some combination that is not in the best interests of the HP shareholders.
ERYP

Hot Stocks

16:48 EST Erytech in supply partnership with German Red Cross Blood Donor Service - Erytech Pharma announced that it has entered into a strategic partnership with the German Red Cross Blood Donor Service Baden-Wurttemberg-Hessen, GRCBDS, to complement the existing alliance with the French Blood bank for the supply of donor red blood cells to manufacture its product candidates, including eryaspase, in Europe. The GRCBDS is one of the world's largest blood and transfusion services, ensuring safe and adequate supply of blood products for approximately 30 million Germans (more than one-third of the German population). In addition to its focus on blood product supply and safety, GRCBDS provides laboratory and research support through its extensive network of health care professionals and has significant cell-based product manufacturing expertise. This partnership will allow ERYTECH to leverage GRCBDS as a key European supplier of donor red blood cells (RBCs) for the production of eryaspase and other ERYTECH product candidates at future manufacturing sites in Europe. This complements the Company's existing alliance with the French Etablissement Francais du Sang , which will remain the primary source of supply of donor RBCs for ERYTECH's product candidates manufactured in Lyon.
AHC

Hot Stocks

16:48 EST A.H. Belo announces stock purchase by CEO Robert Decherd - A. H. Belo Corporation announced that Robert Decherd, the company's chairman, president and CEO, has acquired 125,844 shares of the company's Series B stock and 2,000 shares of Series A stock in private transactions with members of the Moroney family. With these purchases, Decherd and The Decherd Foundation own 91.6% of the company's Series B shares and his total voting power is approximately 52.6%. Except for an additional purchase of 1,000 Series A shares expected to be made next week in a private transaction, Decherd has no plans to acquire additional shares of Series A or Series B stock in the foreseeable future.
WPG

Hot Stocks

16:47 EST Washington Prime executes LOI with Spirity Realty for outparcels disposition - Washington Prime Group announced that it has executed a letter of intent with Spirit Realty Capital, Inc. for the sale of the fee interest or leasehold interest in eight outparcels for a combined purchase price of approximately $14.2M. This pricing reflects a mid-six percent capitalization rate on in-place net operating income. "In addition to the Spirit transaction, Washington Prime Group anticipates various other sales of outparcels and other non-income-producing parcels to close by year end, which are expected to result in ~$50M of proceeds which will be utilized to fund previously announced redevelopment. Good for Spirit Realty Capital. Good for Washington Prime Group. You'll have to excuse us...it's time to get back to grinding it out." Washington Prime Group and Spirit Realty Capital anticipate closing on the majority of the outparcel sale in 2020, subject to due diligence and closing conditions. These outparcels are well located within highly trafficked corridors in Colorado, Indiana, Iowa, Minnesota, New York, and Ohio.
LMT

Hot Stocks

16:47 EST Lockheed Martin's Sikorsky receives second contract for Presidential Helicopters - Sikorsky will build six production VH-92A Presidential Helicopters under a contract from the U.S Navy. These helicopters are part of the 23 aircraft program of record for the U.S. Marine Corps. Under the terms of the contract, known as Low Rate Initial Production Lot II, Sikorsky will begin deliveries of six VH-92A helicopters in 2022. The remaining production aircraft will be delivered in 2022 and 2023.
AEY

Hot Stocks

16:47 EST ADDvantage announces departure of CFO Kevin Brown - ADDvantage Technologies Group announced that CFO Kevin Brown will be leaving the company effective March 6. Brown has accepted a new opportunity. CEO Joe Hart and the board will begin the search for a long-term replacement in Dallas to help take ADDvantage to the next level. In the meantime, Scott Francis, who serves as the company's Chief Accounting Officer and former CFO, will serve as the company's Principal Financial Officer.
AUY

Hot Stocks

16:46 EST Yamana Gold provides update on exploration initiatives - Yamana provided an update on its generative exploration program whose primary objective is to advance the Company's pipeline of highly prospective exploration projects. The Company has built large land positions in all countries where it has producing assets, and it is pursuing exploration projects in these countries that are at different stages of advancement. Investing prudently and responsibly in these projects today will ensure Yamana maintains its status as a dominant gold company while continuing to grow and meet its corporate objective to maximize free cash flow. The Company will also continue to invest in near-mine exploration to extend the lives of its current operations, including the Canadian Malartic underground project, and advance the Agua Rica project to feasibility study. The generative exploration program will allow the Company to target a number of other advanced and advancing opportunities in its portfolio and help lay the foundation for the next generation of Yamana mines in the coming decade. The following are key elements and objectives of the generative exploration program: Target the Company's most advanced exploration projects while retaining the flexibility to prioritize other projects in the portfolio as and when merited by drill results. Add new inferred mineral resources of at least 1.5 million ounces of gold equivalent within the next three years to move at least one project towards a preliminary economic assessment. On a longer term basis, advance at least one project to a mineral inventory that is large enough to support a mine plan demonstrating positive economics with annual gold production of approximately 150,000 ounces for at least eight years. Advance both gold-only and copper-gold projects and, in the latter case, consider joint venture agreements aimed at increasing mineral resource and advancing the project to development while Yamana maintains an economic interest in the project. The Company expects to invest approximately $53 million in the program over the next three years, with $14 million budgeted for 2020, $18 million budgeted for 2021, and $21 million for 2022.
VNRX

Hot Stocks

16:45 EST VolitionRx reports cash and cash equivalents at year-end of $17M - Cash and cash equivalents at end of 2018 were $12.4M. Expects to achieve the following milestones during 2020: release a range of clinical data with new optimised bead-based assays in colorectal, lung and other cancers; advance previously announced large-scale colorectal and lung cancer trials in Europe, Asia and the U.S.; advance the development of Nu.Q Capture by determining the level of discrimination of tumor associated nucleosomes using mass spectrometry and/or sequencing; announce patient data demonstrating the utility of Volition's epigenetic toolbox; complete pre-analytical and clinical studies for Nu.Q(TM) Vet with the aim of launching first product in 2020; publish several abstracts and peer reviewed articles with clinical results as well as showing the robustness and utility of the Nu.Q platform.
TWMC

Hot Stocks

16:45 EST Trans World completes sale of For Your Entertainment segment for $10M - Trans World Entertainment announced that it has closed the previously-announced sale of substantially all of the assets constituting its For Your Entertainment segment to a subsidiary of Sunrise Records and Entertainment, the parent of Sunrise Records in Canada and HMV Records in the United Kingdom, for $10M in cash, subject to net inventory and other adjustments, plus the assumption of certain liabilities. Going forward, the company plans to focus on the operation of its wholly owned subsidiary, etailz, which has entered into a loan and security agreement with Encina Business Credit of up to $25M. The facility will be primarily used to provide capital for etailz to achieve its growth goals, which includes further developing its software and services offerings, supporting inventory expansion, and expanding into new marketplaces and geographies.
SSRM

Hot Stocks

16:41 EST SSR Mining sees 2020 gold production 335K-360K oz. - Sees 2020 Marigold mine gold production 225K-240K, Seabee Gold operation gold production 110K-120K. Sees 2020 silver production 6-7 Moz., lead production 21-24 Mlb and zinc produciton 7-9 Mlb.
SWK CSCO

Hot Stocks

16:40 EST Stanley Black & Decker names Irving Tan to board of directors - Stanley Black & Decker (SWK) announced that Irving Tan, Executive Vice President and Chief of Operations for Cisco Systems (CSCO), has been elected to its Board of Directors. Tan has served in leadership roles in Cisco Systems for more than a decade, most recently as Executive Vice President and Chief of Operations where he is responsible for the development and implementation of Cisco's operating strategy and leading the company's transformation into an end-to-end digital company.
TDS

Hot Stocks

16:38 EST Telephone and Data raises quarterly dividend 3% to 17c per share - Payment will be made on March 31 to shareholders of record as of March 17.
BLDR

Hot Stocks

16:37 EST Builders FirstSource CFO sees company meeting full year 2020 objectives - Peter Jackson, CFO, concluded, "I am extremely positive on the outlook for Builders FirstSource in the new decade ahead. Our company is well positioned to be the building supply company of choice for builders thanks to our enhanced geographic reach, diversified product offerings, national manufacturing capabilities, and strong partnerships with our customers. We are excited about our plans to drive greater value through our operational excellence initiatives as well as capitalizing on a strong economy and steady growth in the single family housing market. The continued execution of our strategic plan, in combination with an overall positive macroeconomic environment, puts us on firm footing to achieve our full year 2020 objectives. Thank you to all of our associates for their hard work and dedication to help us further advance our premier industry position."
FSLR

Hot Stocks

16:37 EST First Solar sees 2020 shipments 5.8GW to 6.0GW - Sees 2020 gross margin 26%-27% and capital expenditures $450M-$550M.
MBIN

Hot Stocks

16:37 EST Merchants Bancorp raises quarterly dividend 14% to 8c per share - For shareholders of record on March 13, payable on April 1.
AHH

Hot Stocks

16:36 EST Armada Hoffler increases dividend 4.8% - Armada Hoffler Properties announced that its board declared a cash dividend of 22c per common share forQ1. This represents a 4.8% increase over the prior quarter's cash dividend and 38% growth since inception. The increase in theQ1 cash dividend marks the sixth increase in six years. The Q1 dividend will be paid in cash on April 2 to stockholders of record on March 25.
TXN KMB

Hot Stocks

16:36 EST Texas Instruments names Michael D. Hsu to board of directors - Texas Instruments (TXN) announced that Michael Hsu, chairman and CEO of Kimberly-Clark (KMB), has been elected to TI's board of directors, effective April 1. Prior to joining Kimberly-Clark, Hsu was executive vice president and chief commercial officer at Kraft Foods and held leadership roles at H.J. Heinz. He launched his career in the consumer products industry as a consultant with Booz Allen Hamilton, where he rose to partner in the firm's consumer practice.
CLSK

Hot Stocks

16:35 EST CleanSpark comments on recent trading activity - CleanSpark issued a press release in response to recent trading activity in its shares, and stock price decline. The company does not usually opine on stock price and trading activity, however, given the recent decline, and inquiries from investors, the company confirmed the following: Everything material has been disclosed by the company in either its press releases or quarterly reports. CleanSpark further confirmed that none of the business developments disclosed previously are at risk. Last but not least, the company wished to reassure CleanSpark's shareholders that it remained on track with its current and prospective projects, and that all contracted projects are being worked on, and such activity will be reflected in the company's future quarterly results. CleanSpark CEO Zach Bradford remarked, "While we don't normally comment on our stock price or performance, it is important to stress that nothing has fundamentally changed in our business. We continue to deliver solid financial results, and we remain very confident in our prospects."
BXRX

Hot Stocks

16:35 EST Baudax Bio Inc trading resumes
FSLR

Hot Stocks

16:34 EST First Solar reviewing options for U.S. project development business - First Solar announced that it, working together with advisors, is reviewing options for its U.S. project development business. The company said, "The consideration of potential options for its U.S. project development business by First Solar is at a preliminary stage and may not result in any transaction being consummated. First Solar does not intend to disclose further developments with respect to this evaluation process except to the extent the process is concluded or it is required by law or otherwise deemed appropriate." Said Mark Widmar, CEO of First Solar, "First Solar, at its core, is a technology and module manufacturing company. Given the significant evolution of developing utility-scale PV projects in the United States, we believe now is an appropriate time to evaluate our options with respect to our U.S. project development business line."
BMRN

Hot Stocks

16:33 EST BioMarin: FDA accepts for priority review BLA for valoctocogene roxaparvovec - BioMarin announced that the U.S. FDA has accepted for Priority Review the Biologics License Application to the FDA for its investigational AAV5 gene therapy, valoctocogene roxaparvovec, for adults with hemophilia A. This acceptance by the FDA marks the first marketing application accepted for a gene therapy product for any type of hemophilia in the United States. The FDA has granted priority review designation to valoctocogene roxaparvovec, which is granted to drugs that treat a serious condition and, if approved, would provide a significant improvement in safety or effectiveness of the treatment, prevention, or diagnosis of a serious condition. The Prescription Drug User Fee Act action date is August 21, 2020. The FDA has informed the company that they are not currently planning to hold an advisory committee meeting to discuss the application .
CVA

Hot Stocks

16:32 EST Covanta sees 2020 adjusted EBITDA $415M-$445M
KEM

Hot Stocks

16:26 EST Kemet stockholders approva proposed acquisition by Yageo - Kemet Corporation announced that its stockholders have voted to approve the proposed acquisition by Yageo Corporation. Approximately 96% of the votes cast, and 68% of the shares outstanding and entitled to vote, voted in favor of the transaction at the special meeting of Kemet stockholders. Under the terms of the merger agreement, which was announced in November 2019, upon consummation of the transaction, Kemet stockholders will be entitled to receive $27.20 in cash for each share of Kemet common stock they own.
ALL

Hot Stocks

16:24 EST Allstate raises quarterly dividend to 54c from 50c per share - The dividend is payable in cash on April 1, 2020, to stockholders of record at the close of business on March 2, 2020.
NGVT

Hot Stocks

16:23 EST Ingevity CEO D. Michael Wilson resigns - Ingevity Corporation announced that Ingevity's board of directors and D. Michael Wilson agreed that he would resign as president, CEO, and a director, effective immediately. The board has appointed Ingevity chairman Richard Kelson as interim president and CEO. The board has established a CEO Search Committee, led by Michael Fitzpatrick, chair of the Nominating and Governance Committee, to identify and select a permanent president and CEO. Wilson's resignation is unrelated to the company's financial reporting and business performance and is the result of matters relating to his personal conduct.
PRA

Hot Stocks

16:22 EST ProAssurance to acquire NORCAL Group, terms not stated - NORCAL Group and ProAssurance announced the signing of a definitive agreement to combine the companies. The transaction, when completed, will result in the creation of the nation's third largest medical professional liabilityinsurance carrier, based on 2019 estimated statutory data. The transaction is subject to customary conditions, including regulatory and NORCAL's policyholder approval. While there is no specific timetable for completion of the transaction, it is anticipated that the deal will close at the end of 2020. The NORCAL Board of Directors has determined that the transaction is in the best interests of NORCAL's policyholders and, thus, has approved the transaction and resolved to recommend that NORCAL policyholders vote in favor of the transaction. There is no financing condition to consummate the transaction. Shareholder approval is not required for ProAssurance.
COLD

Hot Stocks

16:22 EST Americold Realty Trust to form JV to own 15% of SuperFrio - Americold Realty Trust announced that the company has entered into a strategic joint venture to own approximately 15% of SuperFrio Armazens Gerais SA, a temperature-controlled storage operator in Brazil, for approximately BRL118M in cash consideration. The closing of this transaction is subject to customary closing conditions and is expected to occur in the first quarter of 2020. SuperFrio is currently owned by Patria Investimentos. Americold will gain a seat on SuperFrio's Board of Directors and retains the exclusive right to acquire the remaining ownership in the Company during a designated exercise window starting in 2023. Under the terms of the agreement, Americold will commit to fund up to an additional BRL127M, at its pro-rata share for the joint venture's acquisition and development activity over the next two years. The acquisition is expected to be funded with a combination of cash on hand and revolver proceeds, and is expected to be accretive on a leverage neutral basis.
HASI

Hot Stocks

16:21 EST Hannon Armstrong boosts quarterly dividend by 0.5c to 34c - Hannon Armstrong announced today that its board declared a quarterly cash dividend of 34c per share of common stock, an increase of .5c from the previous dividend level. The dividend increase will raise the annualized dividend payout ratio to $1.36 per share of common stock. The dividend will be paid on April 10, to stockholders of record as of April 2.
COG

Hot Stocks

16:19 EST Cabot Oil & Gas sees Q1 production 2,350-2,400 Mmcfe per day - Cabot has provided its first quarter 2020 production guidance range of 2,350 to 2,400 Mmcfe per day, representing a three percent sequential decline at the midpoint of the range relative to the fourth quarter of 2019. Based on the timing of wells being placed on production throughout the year, the Company anticipates an additional sequential decline in the second quarter of 2020 before increasing volumes in the second half of the year. Cabot has also reaffirmed its recently announced plan to deliver an average net production rate of approximately 2,400 Mmcfe per day in 2020 from a capital program of $575 million. Based on the current NYMEX futures curve, this plan is expected to generate enough free cash flow to cover the Company's dividend while also providing a modest amount of excess free cash flow for further return of capital to shareholders or debt repayment. At a $2.25 average NYMEX price, the plan is expected to deliver between $275 and $300 million of free cash flow and generate a return on capital employed between 11 and 12 percent. The company continues to analyze the outlook for the natural gas markets in 2020 and beyond and is prepared to reduce capital spending further if market conditions warrant it.
BXRX

Hot Stocks

16:18 EST Baudax Bio announces FDA approval of Anjeso for pain management - Baudax Bio announced that the FDA has approved the New Drug Application, or NDA, for Anjeso, which is indicated for the management of moderate to severe pain, alone or in combination with other non-NSAID analgesics. Baudax expects Anjeso will be available in the U.S. in late April or early May 2020.
TXRH

Hot Stocks

16:16 EST Texas Roadhouse says comparable restaurant sales up 6.4% for first 7 weeks - The company reported comparable restaurant sales at company restaurants for the first seven weeks of Q1 increased 6.4% compared to the prior year period.
TXRH

Hot Stocks

16:15 EST Texas Roadhouse sees positive comparable restaurant sales growth for FY20
FSLY

Hot Stocks

16:14 EST Fastly drops 13% to $21.49 after Q4 results, CEO transition
TXRH

Hot Stocks

16:14 EST Texas Roadhouse reports Q4 comparable restaurant sales increase of 4.4% - Q4 comparable restaurant sales increased 4.4% at company restaurants and 3.4% at domestic franchise restaurants.
ORN

Hot Stocks

16:12 EST Orion Group interim COO to conclude role effective Feb. 29th - Orion Group announced that Austin Shanfelter will conclude his role as Interim Chief Operating Officer effective February 29, 2020. Mr. Shanfelter was appointed Interim Chief Operating Officer on March 26, 2019, to assist with the implementation of the Company's Invest, Scale, and Grow initiative under its Process Improvement Plan, which has been substantially completed, while the Company conducted a search. After he concludes his role as Interim COO on February 29, 2020, Mr. Shanfelter will resume functioning as an independent member of the Company's Board of Directors and will be eligible to serve as a member of the various committees of the Board.
FSLY

Hot Stocks

16:09 EST Fastly CEO Bergman to transition to Chief Architect, Bixby taking over - Fastly announced that Artur Bergman has transitioned from his role as Chief Executive Officer to the role of Chief Architect and Executive Chairperson. Joshua Bixby, the President of Fastly, succeeds Bergman as CEO. Fastly also announced that board member David Hornik has been appointed Lead Independent Director. In his full-time role as Chief Architect and Executive Chairperson, Bergman "will continue to collaborate closely with Mr. Bixby as he transitions into the role of CEO," the company said. Bixby, who has served as President of Fastly since 2017, "has the extensive corporate leadership experience and significant technological acumen required to lead Fastly into its next stage of growth," the company added.
BYD

Hot Stocks

16:08 EST Boyd Gaming CEO says 'underlying trends remain strong' - Keith Smith, President and CEO of Boyd Gaming, said: "Our diversified nationwide portfolio continued to generate strong results in the fourth quarter of 2019, as every segment of our business achieved growth in same-store revenues and Adjusted EBITDAR. In our Midwest & South region, strong same-store gains were complemented by exceptional performances at the recently acquired Ameristar and Belterra properties, which grew combined Adjusted EBITDAR at a double-digit pace while improving operating margins by more than 350 basis points. In our Las Vegas Locals segment, revenue growth remained consistent with trends we saw throughout the year, though EBITDAR growth slowed, primarily due to a difficult comparison to a strong fourth quarter of 2018. On the sports-betting front, our newly opened FanDuel Sportsbooks helped attract new customers to our properties in Pennsylvania, Indiana and Iowa. As we enter the new year, the underlying trends in our nationwide business remain strong, and we are confident in our prospects for 2020."
SFM

Hot Stocks

16:07 EST Sprouts Farmers Market sees FY20 comparable store sales growth 0%-1%
NCMI

Hot Stocks

16:07 EST National CineMedia raises quarterly dividend 12% to 19c per share
BYD

Hot Stocks

16:07 EST Boyd Gaming sees FY20 adjusted EBITDAR $915M-$935M
SFM

Hot Stocks

16:05 EST Sprouts Farmers Market sees Q1 comparable store sales growth 0%-1%
OLED

Hot Stocks

16:04 EST Universal Display raises quarterly dividend to 15c per share from 10c - Universal Display announced that its Board of Directors approved an increased first quarter cash dividend of $0.15 per share on the Company's common stock, up from the previous quarter's dividend of $0.10 per share. The dividend is payable on March 31, 2020 to shareholders of record on March 17, 2020. Future dividends will be subject to Board approval.
SFM

Hot Stocks

16:04 EST Sprouts Farmers Market reports Q4 comparable store sales growth of 1.5%
FSLR

Hot Stocks

16:01 EST First Solar trading halted, news pending
BXC

Hot Stocks

15:53 EST BlueLinx trading halted, news pending
BXC

Hot Stocks

15:38 EST Bluefin Acquisitions reports tender to acquire BlueLinx for $24.50 per share - Bluefin Acquisitions, a private investment company, announced that its wholly owned direct subsidiary, BlueLinx Merger Sub, has commenced a tender offer for a minimum of 35.0% to all of the outstanding shares of common stock of BlueLinx Holdings (BXC) at a price of $24.50 per share, net to the seller in cash, without interest thereon and less any applicable withholding taxes, upon the terms and conditions set forth in the tender offer to purchase dated today, "a copy of which will be filed as soon as practicable with the Securities and Exchange Commission." The tender offer is subject to customary conditions to closing, including a condition that the number of shares validly tendered prior to the expiration of the offer, together with the shares then owned by BlueLinx Holdings and its wholly-owned subsidiaries, represents at least one share more than 50% of all shares then outstanding. The tender offer will expire at 11:59 p.m. EDT on March 20, 2020, unless extended.
BGG

Hot Stocks

15:35 EST Briggs & Stratton up 4.5% after announcing strategic repositioning call - Shares of Briggs & Stratton are rising after the company announced that it has scheduled an investor conference call on Friday, March 6, at 10:00 a.m. EST to discuss details regarding the previously announced strategic repositioning plan. "At that time, the company will also provide an update on progress on its debt refinancing," Briggs & Stratton stated. In afternoon trading, Briggs & Stratton shares are up 14c, or 4.5%, to $3.25.
KO

Hot Stocks

15:03 EST Coca-Cola raises quarterly dividend 2.5% to 41c from 40c per share - The first quarter dividend is payable April 1 to shareowners of record as of March 16.
IPATF

Hot Stocks

14:44 EST ImmunoPrecise launches coronavirus vaccine, therapeutic antibody program - ImmunoPrecise Antibodies announced its commitment to the development of innovative vaccines against the new coronavirus originating in Wuhan, China, as well as coronavirus-neutralizing antibodies, addressing both prophylactic and therapeutic measures to fight the virus and its associated disease, COVID-19. "We believe that ImmunoPrecise will make an impressive contribution to the global fight against SARS-CoV-2," stated Dr. Jennifer Bath, CEO of ImmunoPrecise. "With the aid of iterative advancements rapidly compiling from across the globe, including data such as the February 19th release of the prefusion form of the new coronavirus spike glycoprotein, research teams are advancing the collective effort toward the development of efficacious vaccines, therapeutic antibodies, and diagnostics. We grow more determined each day about contributing to this endeavor, as we monitor the rapid, global spread of SARS-CoV-2."
CODX

Hot Stocks

14:36 EST Co-Diagnostics completes submission of CE marking registration for COVID-19 test - Co-Diagnostics announced that its Logix Smart COVID-19 Test technical file has been submitted for registration with the European Community, and that it is expected to be available later this month as an in vitro diagnostic, IVD,for markets that accept a CE marking as valid regulatory approval. Dwight Egan, CEO of Co-Diagnostics, commented, "We are pleased to announce this milestone, which comes after weeks of hard work by our team at Co-Diagnostics to develop a high-performance diagnostic to help prevent the spread of the new strain of coronavirus. Our patented CoPrimer molecules have unique properties that lead to a significant reduction in false positive test results over other polymerase chain reaction technologies, but will also allow for enhanced multiplexing, or identifying multiple targets at once, as we iterate the test to include other strains of coronavirus and mutations of COVID-19."
HUM

Hot Stocks

13:48 EST Humana boosts quarterly dividend by 14% to 62.5c per share - Humana announced that its board has declared a cash dividend to stockholders of 62.5c per share payable on April 24, to stockholders of record as of the close of business on March 31. This is a 14% increase from the company's previous dividend of 55c per share.
BXRX

Hot Stocks

13:47 EST Baudax Bio Inc trading halted, news pending
TGNA

Hot Stocks

13:37 EST Standard General urges TEGNA shareholders to vote for nominees - Standard General has issued a letter to TEGNA's shareholders, which read, in part: "Standard General and its four diverse, independent and highly qualified nominees for TEGNA's Board are committed to creating value for all TEGNA shareholders. We believe TEGNA should be the premier local TV broadcasting company, and that fundamental changes in TEGNA's strategy, business operations and governance are critical to transform TEGNA from a perennial underachiever to a top tier operator. Since Standard General invested in TEGNA in 2019, TEGNA has campaigned energetically - and wastefully - in defense of a long-term track record of underperformance. Instead of moving with urgency to explore all avenues to maximize value for all shareholders, the incumbent TEGNA Board and management team spent in excess of $6 million of shareholders' money in Q4 2019 alone-and are poised to spend millions more in 2020-to defend the status quo and entrench a Board that does not include a single independent director with direct experience in local affiliate TV broadcasting, and that has presided over a massive destruction of shareholder value. Shareholders deserve a detailed accounting of exactly how this money is being spent. Replacing four of TEGNA's 12 current directors with our diverse, independent and highly qualified nominees is the way to advance change that is urgently needed and that benefits all shareholders. Standard General has carefully constructed a slate that brings C-suite and Directorship experience in publicly-traded local affiliate broadcasting companies. Standard General is fully aligned with shareholders as one of the largest holders of TEGNA stock, owning 20 times as many shares as the Board and management combined. As you are aware, TEGNA reported fourth quarter and 2019 full year results last week. Despite announcing earnings that were largely in line with its pre-announcement more than six weeks ago, TEGNA's stock dropped precipitously-on a day when the market and TEGNA's peers were both up. On its earnings call, TEGNA management said it was "aggressively" refocusing on M&A opportunities. This is a troubling U-turn from management's recent comments that it would pause M&A activities after almost $2 billion of purchases over the past two years. After a multi-year acquisition binge that to date has generated no meaningful increase in shareholder value, TEGNA's Board and management remain oblivious to the Company's moribund share price. The markets have spoken. TEGNA's Board and management have not been listening...The upcoming annual meeting provides shareholders the opportunity to bring new and independent perspectives to this Board. Our nominees are committed to making a difference, and to bringing fundamental change after a lost decade of strategic missteps and underperformance. Join us in demanding real change by voting for Standard General's highly qualified nominees."
PBPB

Hot Stocks

13:32 EST Potbelly strength attributed to takeover speculation report - According to contacts, The Deal is reporting on suggestions that Potbelly may be in the sights of a large PE-backed restaurant chain for a possible acquisition. The Fly notes that on January 28, 180 Degree Capital, a holder of a 6.0% stake in Potbelly, stated that the firm "may consider, explore and/or develop plans and/or make proposals (whether preliminary or firm) with respect to, among other things, potential changes in, the [company's] operations, management, organizational documents, the composition of the board of directors of the [company], ownership, capital or corporate structure, dividend policy, and strategy and plans of the [company], as well as a potential strategic review or sale process involving the [company] or certain of the [company's] businesses or assets." The Fly, in fulfilling its mission of explaining stock movement, often comes across the many unconfirmed rumors being passed through trading desks and social media platforms. On the occasion that rumors or speculation appear on The Fly's news feed, it should be viewed not as giving credence to the conjecture, rather as simply highlighting its impact on the stock prices of the companies involved. In afternoon trading, Potbelly shares are up 45c, or 9%, to $5.45.
SCI

Hot Stocks

13:16 EST Service Corp. raises quarterly cash dividend 6% to 19c per share - Service Corporation announced that its Board of Directors has approved an increase in its quarterly cash dividend to 19c per share of common stock. This quarterly cash dividend declared represents a 6% increase from the previously declared quarterly dividend of 18c per share of common stock per quarter. The quarterly cash dividend announced today is payable on March 31, 2020 to shareholders of record at the close of business on March 13, 2020.
GOOG GOOGL

Hot Stocks

13:09 EST New Mexico AG sues Google for collecting children's data through Chromebooks - Attorney General Hector Balderas filed a lawsuit on thursday against Google alleging the tech giant is illegally collecting personal information from New Mexico school children under 13, in violation of the Federal Children's Online Privacy Protection Act and New Mexico's Unfair Practices Act. Google offers its G Suite for Education products along with Google Chromebook laptop computers, to school districts across New Mexico at no cost. In his lawsuit, the Attorney General alleges that Google then uses its products to collect large quantities of valuable personal information, without their parents' consent, from children under 13 who are often required by their schools to use these services. "Student safety should be the number one priority of any company providing services to our children, particularly in schools," said Attorney General Balderas. "Tracking student data without parental consent is not only illegal, it is dangerous; and my office will hold any company accountable who compromises the safety of New Mexican children." Reference Link
SO

Hot Stocks

13:09 EST Southern Company says 2019 an 'outstanding' year for company - Says 2019 was an "outstanding" year for the company. Says achieved all major milestones at Vogtle units 3 and 4. Comments taken from Q4 earnings conference call.
CMCSK CMCSA

Hot Stocks

13:03 EST Comcast promotes Jennifer Khoury to CCO to succeed D'Arcy Rudnay - Comcast Corporation announced it has promoted Jennifer Khoury to chief communications officer, succeeding D'Arcy Rudnay who, after a 16-year career at Comcast, is retiring. Khoury will oversee the company's comprehensive external and internal corporate communications functions for the enterprise. Rudnay will remain with the company through the end of the year, serving as senior advisor to Comcast's Executive Leadership Team. Khoury joined Comcast over 20 years ago and has been responsible for leading communications for Comcast Cable and has managed strategic communications for numerous campaigns and product and technology launches. Khoury will report to CEO Brian Roberts and to Adam Miller, who was also promoted to senior EVP of Comcast Corporation in addition to his EVP role at NBCUniversal.
PENN

Hot Stocks

13:01 EST Penn National completes acquisition of 36% interest in Barstool Sports for $163M - Earlier on Thursday, Penn National Gaming announced that it had completed its previously announced acquisition of a 36% interest in Barstool Sports for total consideration of approximately $163M, comprised of approximately $135M in cash and $28M in non-voting convertible preferred stock. Pursuant to the transaction terms, Penn National is now Barstool Sports' exclusive gaming partner and has the sole right to utilize the Barstool Sports brand for all of its online and retail sports betting and iCasino products. Penn National will increase its ownership in Barstool Sports to approximately 50% after three years with an incremental investment of approximately $62 million, consistent with the implied valuation at the time of the initial purchase, and has a path to establish control and full ownership of Barstool Sports. Upon closing, Penn National designated Senior Vice President, Chief Strategy Officer, Chris Rogers and Senior Vice President, Interactive Gaming, Jon Kaplowitz, to join Barstool Sports' seven-member board of directors. Reflecting the close of the transaction, entities affiliated with The Chernin Group now own approximately 36% of Barstool Sports with the remaining approximately 28% held by Barstool Sports' current and former employees. Jay Snowden, President and Chief Executive Officer of Penn National, commented, "Since announcing our groundbreaking partnership with Barstool at the end of January, we have seen first-hand the power of the Barstool brand to generate significant consumer interest and increased engagement between Barstool, their loyal audience of 'Stoolies' and our own nationwide platform of 41 properties in 19 states. Our two teams have hit the ground running and are working on plans to roll out the Barstool Sportsbook brand through both our retail sportsbooks and our interactive products. "In addition, our interactive product development team is continuing its work towards the launch of our new sports betting app which is planned for August. Penn National shares the excitement of Dave Portnoy, Erika Nardini and the entire team at Barstool Sports and looks forward to creating what will be the industry's best-in-class omni-channel provider of retail and online gaming and sports betting entertainment."
TNDM

Hot Stocks

12:23 EST Tandem Diabetes announces 'positive data' presented at ATTD meeting - Tandem Diabetes Care announced "positive data" was presented on its automated insulin delivery technologies, including data from a study of the t:slim X2 insulin pump with Control-IQ advanced hybrid closed-loop technology demonstrating increased time in range (70 mg/dL -180 mg/dL) in children ages six to thirteen. In a separate presentation, real-world data was presented on the t:slim X2 insulin pump with Basal-IQ predictive low glucose technology, showing sustained reductions in sensor time spent below 70 mg/dL and improvements in user satisfaction compared to previous therapy. Data was presented during a corporate symposium at the 13th International Conference on Advanced Technologies and Treatments for Diabetes, or ATTD. "These results align with our vision to establish Tandem as a global company that provides easy-to-use insulin therapy management solutions for improved clinical outcomes to children and adults living with diabetes. In support of this goal, we plan to submit a regulatory filing with the FDA next month to expand the age indication for t:slim X2 with Control-IQ technology to include patients 6 years of age and older," said John Sheridan, president and CEO of Tandem.
MSFT...

Hot Stocks

12:12 EST Microsoft to bring Defender antivirus software to Android, iOS - Microsoft (MSFT) announced the public preview of Microsoft Defender ATP for Linux. Next week at the RSA Conference, the company will also provide a preview of its investments in mobile threat defense with the work it is doing to bring its solutions to Android (GOOG) and iOS (AAPL). Reference Link
SDGR

Hot Stocks

12:03 EST Schrodinger jumps 6% to $37.78 after Citron puts $80 target on shares
SIX

Hot Stocks

12:00 EST Six Flags falls -17.9% - Six Flags is down -17.9%, or -$6.80 to $31.22.
AAN

Hot Stocks

12:00 EST Aaron's falls -19.5% - Aaron's is down -19.5%, or -$10.95 to $45.20.
MD

Hot Stocks

12:00 EST Mednax falls -22.4% - Mednax is down -22.4%, or -$5.96 to $20.63.
NLS

Hot Stocks

12:00 EST Nautilus rises 21.0% - Nautilus is up 21.0%, or 61c to $3.54.
DPZ

Hot Stocks

12:00 EST Domino's Pizza rises 23.1% - Domino's Pizza is up 23.1%, or $68.51 to $365.61.
CYH

Hot Stocks

12:00 EST Community Health rises 31.8% - Community Health is up 31.8%, or $1.53 to $6.34.
AMRC ENGIY

Hot Stocks

11:55 EST Ameresco jumps 11% after Reuters report of deal interest from Engie SA
LNTH PGNX

Hot Stocks

11:34 EST Lantheus says two Progenics board members to join Lantheus board upon closing - Gerard Ber, Ph.D. and Mr. Heinz Mausli, two members of Progenics' (PGNX) reconstituted Board, will join the Lantheus (LNTH) Board upon closing. Lantheus will reduce its current ten member Board to nine members at its 2020 stockholders meeting, or sooner if this transaction closes before then. Lantheus will further reduce its Board to eight members at its 2021 stockholders meeting. As previously announced, the combined company will be led by Lantheus CEO Mary Anne Heino, who will be supported by CFO Robert J. Marshall Jr., CFA, and COO John Bolla.
GOOG GOOGL

Hot Stocks

11:32 EST Google removes nearly 600 apps from Play Store over 'disruptive' ads - Google announced in a blog post that nearly 600 apps have been removed from the Google Play Store and banned from the company's ad monetization platforms, Google AdMob and Google Ad Manager, for violating its disruptive ads policy and disallowed interstitial policy. "We define disruptive ads as ads that are displayed to users in unexpected ways, including impairing or interfering with the usability of device functions," Google said. "While they can occur in-app, one form of disruptive ads we've seen on the rise is something we call out-of-context ads, which is when malicious developers serve ads on a mobile device when the user is not actually active in their app." Reference Link
LNTH PGNX

Hot Stocks

11:31 EST Lantheus, Progenics agree to amended transaction terms - Lantheus Holdings (LNTH) and Progenics Pharmaceuticals (PGNX) announced that they have entered into an Amended and Restated Agreement and Plan of Merger which amends the previously announced definitive Agreement and Plan of Merger dated as of October 1, 2019. The Amended Agreement has been unanimously approved by the Boards of Directors of both companies. Under the terms of the Amended Agreement, Lantheus will acquire all of the issued and outstanding shares of Progenics common stock at a fixed exchange ratio whereby Progenics stockholders will receive, for each share of Progenics stock held at the time of the closing of the merger, 0.31 of a share of Lantheus common stock, increased from 0.2502 under the Original Agreement, together with a non-tradeable contingent value right. The CVR is payable in two separate cash payments if PyLTM, Progenics' prostate-specific membrane antigen targeted imaging agent designed to visualize prostate cancer currently in late stage clinical development, exceeds net sales thresholds of $100M in 2022 and $150M in 2023. As a result of the increase in the exchange ratio, following the completion of the merger, former Progenics stockholders' aggregate ownership stake will increase to approximately 40% of the combined company from approximately 35% under the terms set forth in the Original Agreement. Mary Anne Heino, President and CEO of Lantheus, said, "After continued integration planning with Progenics and close collaboration with Progenics' reconstituted Board of Directors, we are even more excited about the potential value we can unlock by combining our two businesses. We remain confident that together, we will create a platform that leverages Lantheus' long-standing expertise in complex manufacturing, supply chain and commercial excellence, with Progenics' three leading FDA approved products, clinical pipeline and development capabilities."
BX KRON

Hot Stocks

11:21 EST Kronos, Ultimate Software announce merger to create company valued at $22B - Kronos Incorporated (KRON) and Ultimate Software announced that they have entered into a definitive merger agreement to form one of the world's largest cloud companies. By bringing together two industry leaders, the transaction will create the world's most innovative human capital management and workforce management company to help organizations across all industries manage their people more effectively with an unparalleled combination of cloud solutions, the companies said in a statement. Upon closing, the combined company will have revenues of approximately $3B, more than 12,000 employees worldwide, and an enterprise value of $22 B, with further plans for growth including the addition of 3,000 employees over the next three years. Aron Ain, longtime Kronos CEO, will be the CEO and Chairman of the combined company. Hellman & Friedman LLC, the controlling shareholder of both Kronos and Ultimate, will be the controlling shareholder of the newly formed company. Following H&F, private equity funds managed by Blackstone (BX) will be the largest minority investor, followed by GIC, Canada Pension Plan Investment Board, and JMI Equity. The all-stock merger has been unanimously approved by the boards of directors of both companies and is expected to close at the end of March.
BX KRON

Hot Stocks

11:20 EST Kronos, Ultimate Software announce merger to create company valued at $22B
SDC

Hot Stocks

11:17 EST SmileDirectClub says accusations against Sulitzer 'factually inaccurate'
SDC

Hot Stocks

11:17 EST SmileDirectClub says Sulitzer's license remains in good standing
SDC

Hot Stocks

11:16 EST SmileDirectClub says stands behind Chief Clinical Officer Jeffrey Sulitzer - SmileDirectClub issued a statement in response to accusations against its Chief Clinical Officer from the Dental Board of California: "We would like to correct the record on media reports that have surfaced today on the unfounded and untrue allegations made in the retaliatory accusation filed by the Dental Board of California against SmileDirectClub's Chief Clinical Officer Dr. Jeffrey Sulitzer. Dr. Sulitzer, who has been in practice for more than 35 years, has been licensed in the State of California since 2003 and continues to be in good standing with the state licensing bodies. The baseless claims in the accusation are entirely without merit, and were filed in direct retaliation to SmileDirectClub's efforts to address the Board's prior wrongful conduct in failing to stop its investigator from threatening and intimidating customers and employees at SmileShops in California. As admitted by the Dental Board of California, Dr. Sulitzer's license remains in good standing, as it does in every state in which he is licensed. We are proud to be affiliated with the more than 250 licensed dentists and orthodontists in our network. Each of these doctors have excellent credentials, are licensed and in good standing and have at least four or more years' clinical experience treating patients with clear aligner therapy prior to joining SmileDirectClub's network. These doctors are required to comply with and are held to the same standards as every other dentist and orthodontist treating patients with clear aligner therapy. The accusations against SmileDirectClub's Chief Clinical Officer are factually inaccurate, and will be proven false by whatever means necessary. More important, these actions deprive Californians of access to affordable teeth straightening solutions. SmileDirectClub will vigilantly defend our business model as a core part of our mission to increase access to safe and affordable teeth-straightening solutions for millions of Americans."
LONE

Hot Stocks

11:15 EST Lonestar Resources reports proved reserves at December 31 totaled 100.6MMboe - Lonestar Resources US announced that its proved reserves increased to a record 100.6 million barrels of oil equivalent at December 31, 2019. All of the company's proved reserves are located in the Eagle Ford Shale. Lonestar's proved reserves at December 31, 2019 are comprised of 49.8 million barrels of crude oil and condensate, 24.9 million barrels of natural gas liquids and 155.9 billion cubic feet of natural gas. By energy content, Lonestar's proved reserves are weighted 74% to crude oil, condensate and NGL's. In 2019, Lonestar added a total of 19.6 MMBOE, which consisted of 13.9 MMBOE through extensions and discoveries, and 5.6 MMBOE through positive reserve revisions based on performance. These reserve additions were equivalent to 353% of Lonestar's 2019 production. Lonestar's CEO, Frank D. Bracken, III commented, "In a market in which our industry is capital constrained, 2019 was another year of capital-efficient growth for Lonestar, driven by strong results from our drilling program, which saw the majority of our new-drills exceed third party forecasts, resulting in positive reserve revisions."
UBCP

Hot Stocks

11:02 EST United Bancorp increases quarterly dividend - The board of United Bancorp increased the Q1 cash dividend payment to 14.25c per common share from the previous quarterly cash dividend level of 14c per common share. This Q1 dividend payment will be for shareholders of record on March 10 and payable on March 20.
GOLD AU

Hot Stocks

11:02 EST Barrick Gold says will not approve sale of Sokimo's stake in Kibali - Barrick Gold Corporation (GOLD) said in a statement: "Barrick's attention has been drawn to media reports to the effect that the Congolese parastatal Societe Miniere de Kilo-Moto SA has signed a memorandum of understanding with AJN Resources Inc to sell its 10% share in the Kibali gold mine to that company. Barrick wishes to make it clear that SOKIMO is contractually bound by Barrick and its joint venture partner AngloGold Ashanti (AU) not to sell or otherwise transfer its shares in Kibali Goldmines SA, the owner of the Kibali gold mine, without their approval. No such approval has been sought, nor will it be granted."
ERI CZR

Hot Stocks

11:00 EST Eldorado receives approval for Caesars deal from Mississippi Gaming Commission - Eldorado Resorts (ERI) announced that at a meeting today, the company received approval from the Mississippi Gaming Commission in connection with its pending acquisition of Caesars Entertainment Corporation (CZR), subject to customary conditions. The transaction is expected to be consummated in the first half of 2020 and remains subject to the receipt of all required regulatory approvals, and other closing conditions.
TKC

Hot Stocks

10:53 EST Turkcell trading resumes
CLF...

Hot Stocks

10:43 EST Cleveland-Cliffs CEO says car-makers finally realize Tesla is 'for real' - Cleveland-Cliffs (CLF) CEO Lourenco Goncalves said traditional car-makers are finally realizing Tesla (TSLA) is for real and with AK Steel (AKS), Cliffs will support the creation of steel electric vehicle components for Ford (F) and other AK Steel automotive clients.
CLF TSLA

Hot Stocks

10:42 EST Cleveland-Cliffs CEO says car-makers finally realize Tesla is 'for real' - Cleveland-Cliffs (CLF) CEO Lourenco Goncalves said traditional car-makers are finally realizing Tesla (TSLA) is for real and with AK Steel (AKS), Cliffs will support the creation of steel electric vehicle components for Ford (F) and other AK Steel automotive clients.
MD UNH

Hot Stocks

10:21 EST Mednax sinks 20% after UnitedHealth unilaterally terminates contracts - Mednax earlier today said it has received notification by entities affiliated with UnitedHealth Group (UNH) that contracts of the company's affiliated practices across four states, covering all of the services that Mednax affiliated physicians provide in those states, have been unilaterally terminated, with effective dates ranging from March 1 to September 1, 2020. The total annual historical revenue under these contracts represents approximately 2% of Mednax's consolidated annual 2019 revenue of $3.5B. The company commented, "Given the unprecedented nature of these actions, Mednax cannot estimate the impact of these surprise terminations, which eliminate from United's networks Mednax-affiliated physicians providing anesthesia coverage, neonatology, and high-risk obstetrics in urban and rural areas." Chief Executive Officer Roger Medel added, "We are disappointed that United would take such action to unilaterally terminate our affiliated practices from its networks, across multiple states and affecting access by its members to many critical healthcare services. It has always been our practice to minimize exposure to out-of-network bills for our patients, and to negotiate in good faith with our commercial payors to achieve that goal. It is our hope that we can achieve an outcome in this matter that is acceptable to all parties, including the patients receiving critical healthcare services." Shares of Mednax are down 20%, or $5.20 to $21.39 in morning trading.
OIS

Hot Stocks

10:17 EST Oil States sees Q1 Well Site Services revenue $85M-$92M - Sees Q1 Well Site Services revenue $85M-$92M with EBITDA margins to average 12%-13%. Sees Q1 Downhole Technologies revenue flat to up sequentially to $38M-$43M with EBITDA margins relatively flat sequentially%.
OIS

Hot Stocks

10:16 EST Oil States expects U.S. onshore units to feel effects of lower well completion
OIS

Hot Stocks

10:15 EST Oil States says Q1 has gotten off to a slow start
TKC

Hot Stocks

10:09 EST Turkcell trading halted, news pending
OIS

Hot Stocks

10:09 EST Oil States sees Q1 CapEx $12M, net interest expense $4M - Sees Q1 net interest expense $4.6M, depreciation & amortization expense $27M. Sees Q1 CapEx $12M. Comments taken from Q4 earnings conference call.
CLF AKS

Hot Stocks

10:08 EST Cleveland-Cliffs CEO sees AK Steel acquisition closing March 13 - Cleveland-Cliffs (CLF) CEO Lourenco Goncalves expects Mexico approval of AK Steel (AKS) acquisition February 27. Comments taken from Q4 earnings conference call.
AAN

Hot Stocks

10:06 EST Aaron's reports agreement in principle with FTC staff on Progressive CID - Along with its earnings report earlier, Aaron's CEO John Robinson said: "Aaron's finished the year on a positive note with record annual revenues, adjusted EBITDA and non-GAAP EPS. Progressive's invoice growth accelerated significantly in the fourth quarter, up 34.4% compared to the prior year. In addition, collections performance at the Aaron's Business improved significantly during the quarter, contributing to positive same-store revenues and strong adjusted EBITDA. Finally, I'm pleased to report that Progressive has reached an agreement in principle with the staff of the FTC regarding the Civil Investigative Demand Progressive received in July 2018. Under the proposed agreement, which requires final approval by FTC Commissioners and the U.S. District Court for the Northern District of Georgia, Progressive will make a payment of $175M and enhance certain compliance-related activities, including monitoring, disclosure and reporting requirements. We have agreed to settle this matter to avoid the distraction and uncertainty caused by protracted litigation and allow Progressive to remain focused on providing competitive, flexible and affordable purchase options to credit-challenged consumers." The company reported a net loss for the fourth quarter of 2019 of $107.1M, compared to net earnings of $61.7M in the prior year period. The net loss in the fourth quarter of 2019 included $179M of charges related to the Progressive FTC settlement and $2.5M in pre-tax restructuring charges.
AAN

Hot Stocks

10:00 EST Aaron's falls -16.0% - Aaron's is down -16.0%, or -$9.00 to $47.15.
MD

Hot Stocks

10:00 EST Mednax falls -16.9% - Mednax is down -16.9%, or -$4.49 to $22.10.
SIX

Hot Stocks

10:00 EST Six Flags falls -17.9% - Six Flags is down -17.9%, or -$6.81 to $31.21.
AGEN

Hot Stocks

10:00 EST Agenus reports 'positive' interim data from analyses of balstilimab, zalifrelima - Agenus announced new clinical data from pre-planned interim analyses of balstilimab and zalifrelimab and data from a dose escalation study of AGEN1181, a novel multi-functional enhanced CTLA-4 antibody. The interim analysis from 34 evaluable patients treated with the combination of balstilimab and zalifrelimab demonstrated a 20.6% overall response rate, which included a complete response rate of 8.8% in second-line cervical cancer. The interim analysis from 44 evaluable patients treated with balstilimab monotherapy demonstrated an ORR of 11.4% in second-line cervical cancer. The clinical activity observed in both studies are comparable to other agents in these therapeutic classes. Both balstilimab monotherapy and the combination of balstilimab and zalifrelimab were well-tolerated with no new safety signals. Additionally, early clinical data from a dose-escalation study of AGEN1181 revealed a confirmed CR in a patient with a difficult-to-treat, PD-L1 negative, microsatellite stable, endometrial cancer. The patient was treated with a low dose of AGEN1181 and had failed prior treatment with a PD-1 inhibitor. Additionally, stable disease was noted in the majority of patients treated. AGEN1181 monotherapy was well-tolerated. Balstilimab, zalifrelimab and AGEN1181 are investigational agents that have not been approved for any uses. Efficacy and safety have not been established.
NLS

Hot Stocks

10:00 EST Nautilus rises 16.6% - Nautilus is up 16.6%, or 48c to $3.42.
CYH

Hot Stocks

10:00 EST Community Health rises 19.1% - Community Health is up 19.1%, or 92c to $5.73.
DPZ

Hot Stocks

10:00 EST Domino's Pizza rises 23.7% - Domino's Pizza is up 23.7%, or $70.36 to $367.45.
PG

Hot Stocks

09:34 EST Procter & Gamble says year guidance ranges 'remain the right ones' - Procter & Gamble COO and CFO Jon Moeller said, "We continue to believe, based on what we know today, that our fiscal year top and bottom line guidance ranges - and I emphasize ranges - remain the right ones. We will continue to monitor the situation and obviously update you if and when a different reality becomes apparent."
PG

Hot Stocks

09:33 EST Procter & Gamble says March quarter 'materially impacted' from coronavirus
PAVM

Hot Stocks

09:32 EST PAVmed's Lucid Diagnostics partners with Fred Hutchinson Cancer Research Center - PAVmed announced that its majority owned subsidiary, Lucid Diagnostics has entered into a sponsored research agreement with the Fred Hutchinson Cancer Research Center at the University of Washington in Seattle, WA to evaluate Barrett's Esophagus progression biomarkers in patients using Lucid's EsoCheck Esophageal Cell Collection Device with Collect+Protect Technology. The agreement covers a research program entitled "Biomarkers for the Detection of Cancer" led by principal investigator William M. Grady, M.D. AGAF. Dr. Grady is the Rodger Haggitt Professor of Medicine in the Gastroenterology Division of the University of Washington School of Medicine and a Full Member of the Clinical Research Division at Fred Hutchinson. He also serves as the Medical Director of the GI Cancer Prevention Program at the Seattle Cancer Care Alliance. Pursuant to the agreement, Fred Hutchinson has granted Lucid the exclusive option, exercisable at its sole discretion, to license Fred Hutchinson's candidate BE progression biomarkers during an option period extending twelve months past the completion of a phase II study demonstrating their accuracy. The license would be assignable and exclusive within any field or fields of use in which Lucid reasonably determines it could develop a product that incorporates or utilizes the biomarkers. The license would provide that Lucid would pay to Fred Hutchinson royalties on net sales of products incorporating the BE progression biomarkers at rates not to exceed amounts specified in the agreement. The research program will include human clinical studies to explore the candidate BE progression biomarkers, which have shown promise in differentiating nondysplastic BE from dysplastic BE and esophageal adenocarcinoma, on esophageal samples obtained using EsoCheck. Lucid seeks to determine whether a panel of these biomarkers, in conjunction with EsoCheck, can serve as a non-invasive, office-based diagnostic test to monitor patients with nondysplastic BE for evidence of progression to dysplastic BE or EAC. This early detection would permit curative ablation of dysplastic BE before progression to deadly EAC, using esophageal ablation devices such as PAVmed's recently announced EsoCure Esophageal Ablation Device targeted for commercialization in 2021.
PG

Hot Stocks

09:32 EST Procter & Gamble says China second largest market for sales, profit
CDK

Hot Stocks

09:32 EST Ansira to buy CDK Global's Digital Marketing Business; terms not disclosed - Ansira Partners announced that it signed a definitive agreement to acquire the CDK Global Digital Marketing Business. CDK Global, an automotive retail technology company, made the decision to sell all the assets of the company's Digital Marketing Business including all advertising solutions and website services. Ansira is backed by Advent International. The proposed transaction is expected to close in the first half of 2020, subject to customary closing conditions
PG

Hot Stocks

09:31 EST Procter & Gamble says China traffic 'down considerably' due to coronavirus - Procter & Gamble says its Chief Operating Officer and Chief Financial Officer Jon Moeller provided remarks at the Consumer Analyst Group of New York 2020 Conference, which included, "We face the demand and supply challenges associated with the coronavirus outbreak. China is our second largest market-sales and profit. Store traffic is down considerably, with many stores closed or operating with reduced hours. Some of the demand has shifted online but supply of delivery operators and labor is limited. There are also impacts outside of China: travel retail, a significant reduction in department store traffic in many Asian metro areas, and global supply. We access 387 suppliers in China that ship to us globally more than 9,000 different materials, impacting approximately 17,600 different finished product items. Each of these suppliers faces their own challenges in resuming operations. The operating challenges change with the hour, and of course the path of the virus is unknown, making it very difficult to provide precise estimates of impact. Results for the January to March quarter in China and for the total Company will be materially impacted on both the top and bottom line by these dynamics. We continue to believe, based on what we know today, that our fiscal year top and bottom line guidance ranges -and I emphasize ranges-remain the right ones. We will continue to monitor the situation and obviously update you if and when a different reality becomes apparent."
DSX

Hot Stocks

09:28 EST Diana Shipping announces time charter contract, cancellation of sale - Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Panamax dry bulk vessels, the m/v Coronis. The gross charter rate is $8,000 per day, minus a 5% commission paid to third parties, for a period of about nine months to about ten months. The charter commenced earlier today. The m/v Coronis was previously chartered to Tongli Shipping Pte. Ltd., at a gross charter rate of $5,300 per day, minus a 5% commission paid to third parties. The "Coronis" is a 74,381 dwt Panamax dry bulk vessel built in 2006. This employment is anticipated to generate approximately $2.04 million of gross revenue for the minimum scheduled period of the time charter. The Company also announced that it has received a notice of cancellation of the Memorandum of Agreement, between a separate wholly-owned subsidiary and an unaffiliated third party, to sell the 2002-built Capesize vessel "Norfolk", as previously announced. The buyers elected to exercise their right to cancel the Contract as a result of vessel's missing the cancelling date stipulated therein, due to unforeseen events, unrelated to the condition of the vessel, and have requested the refund of the deposit of the purchase price. The Company has taken steps to release the deposit to the buyers.
MMSI

Hot Stocks

09:27 EST Merit Medical announces four regulatory approvals - Merit Medical Systems announced that regulatory clearances have been issued with respect to four products Merit owns or holds the rights to distribute. Merit received clearance from the China National Medical Products Association to market the Swift Ninja Steerable Microcatheter in China. This device previously received clearance in the United States as well as the European Union. Secondly, the NMPA also gave Merit clearance to market in China the InQwire Amplatz Guide Wire, which has been selling in the United States and Europe. Thirdly, Merit received the CE mark for its Cianna Scout Surgical Guidance System. Initial procedures utilizing the Scout Surgical Guidance System have been completed in Great Britain with preparations to launch the Scout Surgical Guidance System throughout the EU over the next several weeks. Finally, Merit received notice from BlueGrass Vascular Technologies that the FDA has granted to Bluegrass Vascular a De Novo classification order for its Surfacer Inside-Out(R)Access Catheter System. Merit owns approximately 19% of the common equity of BlueGrass Vascular and has been the worldwide exclusive distributor of the system for the last three years. Merit has the option to acquire the remaining equity of Bluegrass Vascular within the next two months. Merit plans to evaluate the Surfacer Inside-Out System in several U.S. accounts and feature the system at the Society of Interventional Radiology meetings scheduled to take place in Seattle March 28-April 2. A
DDAIF

Hot Stocks

09:27 EST Daimler AG streamlines organizational structure - The Board of Directors and the Supervisory Board of Daimler AG and Mercedes-Benz AG optimize Mercedes-Benz Cars' development, operation and finance area by realigning the company's organizational structure. This reorganization will take effect on April 1, 2020. The position of Product Strategy and Steering will be created for Mercedes-Benz Cars. Wolf-Dieter Kurz, who reports directly to the CEO of Mercedes-Benz AG, will take over that leadership role. Ola Kallenius also assumes overall responsibility for Mercedes-Benz Vans. Markus Schafer, currently Member of the Board of Management of Daimler AG and Mercedes-Benz AG, responsible for Group Research and Mercedes-Benz Cars Development, Procurement and Supplier Quality, in the new role as Chief Operating Officer at the Daimler AG level, will also control the entire value creation process of Mercedes-Benz Cars -- from development to material purchasing to production. Harald Wilhelm, Member of the Board of Management of Daimler AG responsible for Finance & Controlling and Daimler Mobility, also takes over the position of Chief Financial Officer at Mercedes-Benz AG. Frank Lindenberg, Member of the Board of Management of Mercedes-Benz AG, responsible for Finance & Controlling, is leaving the Group after successfully completing his work and strengthening his areas of responsibility. As part of its sustainable business strategy, Daimler AG is strongly moving forward with its product, electrification and digitalization offensive. In order to be able to react even faster and more precisely to changing customer needs and complex market requirements in the future, the company is further developing its organizational structure. The goal is to improve the development and production processes of vehicles, technologies and services through closer and more efficient cooperation. As part of the Ambition2039 sustainability offensive, Mercedes-Benz AG plans to make its entire new car product portfolio CO2-neutral - a goal for which the company is pooling all its strengths and resources. Shorter reporting lines in the new structure will help in this effort. By merging the financial areas of Daimler AG and Mercedes-Benz AG under the direction of Harald Wilhelm, Board Member of Daimler AG responsible for Finance & Controlling and Daimler Mobility, redundancies will be reduced, the efficiency of the organization increased and Daimler as a whole made more flexible. The CFO of Mercedes-Benz AG, Frank Lindenberg, has decided to leave Daimler and seek new challenges. He will leave the company on March 31, 2020 by amicable mutual consent. Harald Wilhelm will take on the additional function of CFO at Mercedes-Benz AG on April 1, 2020.
OXFD

Hot Stocks

09:20 EST Oxford Immunotec announces data on T-SPOT.CMV in transplants - Oxford Immunotec Global announces two publications in Clinical Infectious Diseases on the performance of T-SPOT.CMV; a test for measuring the strength of a patient's cellular immune response to Cytomegalovirus in kidney and stem cell transplant. Increased response in the T-SPOT.CMV test is associated with protection against CMV infection. Application of the test raises the prospect of improved, individualized management of CMV infection risk in transplant recipients. The key findings from the RESPECT study in kidney transplant recipients are: T-SPOT.CMV provides clear stratification of patients for probability of CMV infection; Pre-transplant testing with T-SPOT.CMV identifies kidney transplants at high risk of developing CMV infection; Application of the test soon after transplant further refines CMV infection risk. The key findings from the REACT study in stem cell transplant recipients are: Patients with a low response in the T-SPOT.CMV test were at increased risk for clinically significant CMV infection; The T-SPOT.CMV test result was a significant and independent predictor of clinically significant CMV infection; Patients with low response in the T-SPOT.CMV test and clinically significant CMV had the highest all-cause mortality.
MTBC

Hot Stocks

09:18 EST MTBC announces formation of telehealth division - MTBC, Inc. announced the official formation of its telehealth division. MTBC also announced the appointment of the telehealth division's leadership team, including MTBC veteran Shruti Patel, who will serve as President of the division, Dr. Iram Fatima, MBBS, the division's Chief Operating Officer, and Seth Loonan, the division's Chief Revenue Officer.
SONA ABCB

Hot Stocks

09:17 EST Southern National Bancorp names Dennis Zember Jr. as CEO - Southern National Bancorp (SONA) of Virginia announced that Dennis Zember Jr. has been appointed President and CEO of Southern National and its wholly-owned subsidiary, Sonabank, as well as a member of the Board of Directors of Southern National and Sonabank, effective February 19. Zember has more than 23 years of financial experience in the banking industry. He most recently served as President and CEO of Ameris Bancorp (ABCB) in Atlanta, Georgia.
TPTX

Hot Stocks

09:17 EST Turning Point Therapeutics appoints Siegfried Reich as EVP, CSO - Turning Point Therapeutics announced the appointment of Siegfried Reich, Ph.D. as executive vice president and chief scientific officer effective March 2. Dr. Reich has over 25 years of pharmaceutical and biotech experience developing more than 20 drug candidates, including the approved drugs Viracept for HIV and the tyrosine kinase inhibitor Inlyta for the treatment of kidney cancer. Dr. Reich was most recently senior vice president of research and co-founder of eFFECTOR Therapeutics where he led discovery of three first-in-class small-molecule inhibitors.
PHOT

Hot Stocks

09:15 EST GrowLife announces exclusive CBD rich hemp clones for sale - GrowLife announced that the first four lines of CBD-rich hemp clones under the brand "EZ-CLONEZ" are now available for sale throughout the United States. The Company previously announced an exclusive licensing agreement of proven genetics from High Plains Crop Production LLC. Through this license agreement, the company has begun selling four strains of CBD rich hemp clones and released information regarding them on its websites such as the best region to plant the clones, information on planting and harvesting and general statistics on the cannabinoid profiles of the clones.
CGIX

Hot Stocks

09:14 EST Cancer Genetics CEO says met with potential investors, strategic parties - Cancer Genetics published a letter to shareholders from CEO, Jay Roberts. The letter read in part, "As we enter into 2020, I want to review a few compelling company developments and accomplishments that have occurred since we filed our 10-Q for 3Q 2019. We have made significant strides toward cleaning up our balance sheet and positioning the company for the future. I would like to now highlight the multiple corporate initiatives that we are taking to strengthen our financial position, build on our growing discovery services business and further advance ourselves as a leader in the field of precision and translational medicine. As we start the 2020 year, we are pleased to share with you a few of our accomplishments from 2019 and several new initiatives that are shaping Cancer Genetics to become a stronger company in the year ahead. We are focused on driving forward with a sustainable business model in precision and translational medicine from both our organic business and the initiatives we have undergone to secure strategic alternatives. With this mission in mind, we have consolidated our business and are emerging with a focus on operational efficiencies and driving growth in the global regions we serve in the U.S., Europe and Australia. From our existing sites, we are anticipating revenue growth from our core Drug Discovery business; and plan to announce more information about our strategic direction in the coming months...Our vivoPharm business unit had a solid year of revenue growth year-over-year, and experienced numerous new discovery programs coming from Europe and our existing customer base in the United States...As we have previously announced in our 3Q 2019 update, Cancer Genetics has retained the M&A team from HC Wainwright & Co. to assist us in exploring strategic alternatives including: identifying a future merger or acquisition candidate, selling other corporate assets, and initiating other strategic transactions. Recently we held a series of meetings in San Francisco during the JPMorgan Healthcare Conference. The event gave us an opportunity to meet with potential institutional investors and strategic parties. We will be posting future investor and business-related activities regularly on the Cancer Genetics website at www.cancergenetics.com. Our current cash position coming into 2020 of approximately $4 million and our Discovery Services business operating in a cash efficient way enables the Company to explore strategic opportunities that will strengthen the core business and increase value to our shareholders. As Cancer Genetics re-engineers its business, we believe it is important to communicate the transition outwardly to our stakeholders including our shareholders, biotechnology and pharmaceutical company customers, business prospects, investors, and other business partners. We have commenced various initiatives to further define our mission including: new brand identity, updating our corporate logo and web site design, and enhancing our communications approach. You can expect to see additional changes taking place over the coming months and further into 2020."
MAT

Hot Stocks

09:11 EST Mattel, Universal Brand Development enter licensing pact for Spirit Riding Free - Mattel announced that it has entered into a multi-year global licensing agreement with Universal Brand Development for DreamWorks Animation's Spirit Riding Free. Mattel's licensing rights include dolls, role play, games and arts and crafts. The Mattel line will debut at retailers worldwide ahead of the global theatrical release of the feature film based on the property, expected to hit theaters in May 2021. This new agreement builds on Mattel and Universal Brand Development's existing multi-year licensing partnerships for Illumination's Minions, Universal Pictures' Jurassic World and Fast & Furious.
CONE

Hot Stocks

09:11 EST CyrusOne appoints Tesh Durvasula as CEO - CyrusOne announced that the company's board has appointed Tesh Durvasula as President & CEO. This appointment follows Gary Wojtaszek stepping down as President & CEO, and as a director of the Company, by mutual agreement with the Board effective upon the filing of the company's Form 10-K for the fiscal year ended December 31, 2019. Mr. Wojtaszek will provide transition assistance. Mr. Durvasula will serve as the company's President & CEO on an interim basis while the Board undertakes a search to identify the Company's next CEO, which will include consideration of Mr. Durvasula as well as external candidates.
VIAC VIACA

Hot Stocks

09:10 EST ViacomCBS sees sale of Black Rock CBS headquarters closing in 2020
CDK

Hot Stocks

09:09 EST CDK Global agrees to sell digital marketing business to Ansira Partners - CDK Global announced it has signed a definitive agreement to sell the company's Digital Marketing Business to Ansira Partners, a subsidiary of Advent International, one of the largest and most experienced global private equity investors. CDK Global made the decision to sell all the assets of the company's Digital Marketing Business including all advertising solutions and website services. The terms of the transaction were not disclosed. The proposed transaction is expected to close in the first half of 2020, subject to customary closing conditions. Ropes & Gray LLP is serving as legal counsel to Advent in the transaction.
MNKD

Hot Stocks

09:09 EST MannKind to present results from multiple studies of Afrezza, BluHale system - MannKind announced the presentation of results from multiple clinical studies of Afrezza Inhalation Powder and MannKind's BluHale technology system. These data are being presented in both oral and poster presentations during the 13th International Conference on Advanced Technologies & Treatments for Diabetes in Madrid Spain, February 20-22, 2020. Highlights of the original scientific disclosures: Preliminary data from an independent, investigator initiated study of Afrezza on the background of closed loop pump insulin delivery by means of an "artificial pancreas" system showed that pulmonary dosing allows for titration to higher unit doses in individuals with type 1 diabetes. Clinical use of Afrezza in adults with uncontrolled type 2 diabetes on two or more glucose lowering therapies resulted in a significant drop in A1c levels and a significant increase in time in range. Pharmacokinetics of Technosphere insulin in children and adolescents ages 8-17 with type 1 diabetes showed that the ultra rapid rise in insulin concentrations corresponded with early post-prandial glucose control within the first hour post-dose, similar to what has been observed in adult patients. Two poster presentations highlighting the use of MannKind's unique Bluetooth enabled technology for enhanced instruction on use of the Afrezza inhaler and as a tool to provide connected dose information on top of continuous glucose monitoring data. In addition to the original scientific disclosure presented at this year's ATTD meeting, Dr. Kendall will participate as faculty in the "Ultra-rapid Insulin Analogues" session on Saturday, February 22, during which he will provide a current perspective on the clinical use of Afrezza, including evidence that ultra rapid-acting Afrezza can be safely and effectively titrated in fixed dose increments and that speed of insulin action may supersede dose precision for achieving post-prandial glucose control.
YVR

Hot Stocks

09:06 EST Liquid Media acquires portfolio of streaming platform sector assets - Liquid Media Group announced the acquisition of a portfolio of assets including streaming platform Reelhouse. The acquired assets include tools such as Slipstream, a Subscription Video on Demand service that focuses on curated action sports stories. While the majors attempt to stake their claim in the ongoing streaming wars, Liquid believes an ecommerce platform that supports independent filmmakers and outdoor enthusiasts can scale across the globe. Some of the tools in this acquisition will be part of Liquid's plan to increase third-party fulfilment with a growing list of compatible platforms such as Steam and crowdfunding portals. Dubbed "the Netflix of Adventure films," Reelhouse.org is a self-distributed video content platform and community that appeals to filmmakers and viewers of independent original content. It empowers filmmakers with complete control of distribution and the latest monetization, social and showcasing features, which in turn engage viewers in what Reelhouse is setting as the new standard for online viewing experiences. Available via web, mobile, tablet, AppleTV, iOS, CardboardVR and GearVR apps, Reelhouse is the only solution with SVOD, Virtual Reality and electronic sell-through offerings, including 55+ VR pieces from the Sundance and Tribeca film festivals. Details of the acquisition will be available in the next financial statements filed on SEDAR.
NSP

Hot Stocks

09:05 EST Insperity expands repurchase authorization by 1M shares - Insperity's board also authorized an expansion of its stock repurchase program by an additional 1M shares, and as a result will have approximately 1.4M shares available for repurchase. Purchases may be made from time to time in the open market or in privately negotiated transactions. The company may also adopt Rule 10b5-1 prearranged stock trading plans designed to facilitate Insperity's repurchase of its common stock during times it would not otherwise be in the open market due to self-imposed trading blackout periods or possible possession of material nonpublic information.
APDN

Hot Stocks

09:05 EST Applied DNA Sciences receives OU kosher certification for SigNature, CertainT - Applied DNA Sciences announced receipt of certification from the Orthodox Union, or OU, for products within the SigNature and CertainT line following a thorough evaluation of the company's products and manufacturing processes. The Pareve kosher designation will first be used for the Nutrition21 Nitrosigine sports supplement product recently announced. The company's products and services, used by its customers to manage traceability and authenticity in the name of brand assurance, are also suitable for related markets such as food and pharmaceuticals.
ETFC...

Hot Stocks

09:05 EST Fly Intel: Pre-market Movers - HIGHER: E-Trade (ETFC), up 24% after announcing Morgan Stanley (MS) will acquire the company in an all-stock transaction valued at approximately $13B. Under the terms of the agreement, E-Trade stockholders will receive 1.0432 Morgan Stanley shares for each E-Trade share, which represents per share consideration of $58.74 based on the closing price of Morgan Stanley common stock... Adesto Technologies (IOTS), up 55% after entering a definitive agreement for Dialog Semiconductor (DLGNF) to acquire all outstanding shares of the company for $12.55 per share in cash, or for approximately $500M enterprise value. UP AFTER EARNINGS: Domino's Pizza (DPZ), up 19%... TherapeuticsMD (TXMD), up 5%... Stamps.com (STMP), up 38%. DOWN AFTER EARNINGS: ViacomCBS (VIAC), down 9%... Southern Company (SO), down 2%... Six Flags (SIX), down 18%... Wix.com (WIX), down 10%. ALSO LOWER: L Brands (LB), down 11% after the company and Sycamore Partners announced a transaction that positions Bath & Body Works as a standalone public company and separates Victoria's Secret Lingerie, Victoria's Secret Beauty and PINK into a privately-held entity. Under the terms of the transaction, Victoria's Secret, with a total enterprise value of $1.1B, will be separated from L Brands into a privately-held company majority-owned by Sycamore. After taking into account certain liabilities, Sycamore will purchase a 55% interest in Victoria's Secret for approximately $525M. L Brands will retain a 45% stake in Victoria's Secret... Morgan Stanley, down 4% after acquiring E-Trade in an all-stock transaction valued at approximately $13B.
NSP

Hot Stocks

09:05 EST Insperity raises quarterly dividend to 40c per share from 30c per share - Insperity announced that its board of directors has approved a 33% increase in its quarterly regular cash dividend from 30c to 40c per share. The cash dividend will be paid on March 19, to all stockholders of record as of March 5.
RICK

Hot Stocks

09:04 EST RCI Hospitality raises annual common stock cash dividend 7.7% to 14c per share - RCI Hospitality has increased the company's annual cash dividend by 7.7%, to 14c from 13c per share, with the declaration of a quarterly cash dividend of 4c per common share for Q2. RCI's 14c per share annual dividend is expected to be paid as follows: 3c for Q1, 4c for Q2, 3c for Q3 and 4c for Q4. The Q2 dividend is payable March 25 to holders of record March 10, with an ex-dividend date of March 9.
LPLA TROW

Hot Stocks

09:03 EST LPL Financial nominates Edward Bernard for election to board of directors - LPL Financial Holdings Inc. (LPLA) announced that James Riepe, a member of the company's board of directors since 2008, will not seek reelection after his current term expires at the 2020 annual meeting of stockholders. Edward Bernard will be nominated for election as a new independent director at the annual meeting, which will be held on May 6, 2020. Bernard holds a broad array of executive leadership experience in the wealth management industry, having most recently served as the vice chair of the board of directors of T. Rowe Price Group, Inc. (TROW).
ROP

Hot Stocks

09:02 EST Kingsgate Logistics enters DAT pilot program for predictive pricing tools - Kingsgate Logistics has joined a growing pilot program that provides early access to a suite of predictive rates and analytics tools from DAT Solutions, which operates the industry's largest network of load boards. Kingsgate will use DAT's rate forecasting models and data to provide its network of nearly 65,000 freight carriers and shippers with improved pricing transparency. DAT forecasting tools generate rate predictions based on current market conditions, price momentum, and five years of historic data. DAT's pricing models for Kingsgate will incorporate a new supply and demand indicator based on load and truck posts and searches, transaction behavior, and historical trends. Kingsgate will also use Book Now, a one-click load-tendering feature that eliminates phone calls, lengthy negotiations, and manual processes for its brokers and carriers.
WETF

Hot Stocks

09:00 EST WisdomTree completes sale of Canadian asset management business - WisdomTree Investments announced that it has completed its previously announced sale of WisdomTree Asset Management Canada, Inc., to CI Financial Corp. CI paid C$5M in cash at closing, and total cash consideration payable to WisdomTree will range from C$7M to C$13M based upon certain AUM growth targets for the funds acquired by CI through the transaction over the next three years.
ENLV

Hot Stocks

08:58 EST Enlivex Therapeutics to present data on Allocetra-OTS immunotherapy - Enlivex Therapeuticsannounced that the company was selected, for a scientific presentation of two posters: Allocetra-OTS: Early Apoptotic Cells for Immune Homeostasis in Human Stem Cell Transplantation and for the Prevention of Graft Versus Host Disease", and "Apoptotic Cells Reprogram Resident Macrophages to Support Chimeric Antigen Receptor T Cell Therapy Against Peritoneal Solid Tumor", at the Transplantation & Cellular Therapy Meetings Conference of the ASTCT and CIBMTR, held on February 19-23, 2020, in Orlando, Florida. Allocetra-OTS: Early Apoptotic Cells for Immune Homeostasis in Human Stem Cell Transplantation and for the Prevention of Graft Versus Host Disease: Results from preclinical and clinical studiesy suggested that a single infusion of donor early apoptotic cells as prophylaxis for GvHD in myeloablative HSCT is safe and potentially effective and led to 0% of acute high grade II-IV GvHD in the two higher dosages compared to 52% in matched historical control. Enlivex is planning to initiate a Phase 2/3 multi-center, open-label, 2-arm study, in Israel and Germany, that will evaluate the efficacy and safety of Allocetra-OTS with or without anti-thymocyte globulin for the prevention of GvHD in subjects undergoing HLA-matched HSCT from an unrelated donor. Apoptotic Cells Reprogram Resident Macrophages to Support Chimeric Antigen Receptor T Cell Therapy Against Peritoneal Solid Tumor: Preclinical studies showed significantly increased duration of survival and overall survival for study subjects who were treated with the combination therapy, as compared to stand-alone solid tumor CAR-T therapy. The results of these preclinical studies showed that the mechanism of action significantly increased the anti-tumor macrophage population surrounding the human solid tumor microenvironment in the subjects who were treated with the combination therapy
DXR

Hot Stocks

08:55 EST Daxor says research demonstrates superiority of BVA-100 in critical care - Daxor Corporation announces new research from the University of Hawaii John A. Burns School of Medicine further demonstrates the clinical superiority of accurate and direct quantification of intravascular blood volume in critically ill patients compared with ultrasound measurement. The new study was presented during the 49th Annual Society of Critical Care Medicine Congress in Orlando, Fla. Researchers concluded in a study of 94 patients from a level-1 trauma center that IVCD and IVCV, common metrics from widely-used ultrasound devices, are poor surrogates for the true circulating blood volume in mechanically ventilated ICU patients. The study, "Inferior Vena Cava Dimensions Poorly Reflect Circulating Blood Volume in the Mechanically Ventilated," showed a p-value of 0.45 when inferior vena cava diameter and inferior vena cava variability was compared to direct measurement of circulating blood volume using the BVA-100 diagnostic test. "The BVA-100 allows optimization and individualized care for our patients in the surgical ICU, unlike any other technology currently available. It is particularly helpful in the care of patients in multiple shock states such as sepsis and cardiogenic shock," said Genia Taitano, M.D., lead investigator.
VIAC VIACA

Hot Stocks

08:54 EST ViacomCBS says CBS All Access to expand Comedy Central, MTV shows
ALGN

Hot Stocks

08:53 EST Align Technology launches ClinCheck "In-Face" Visualization tool - Align Technology announced the launch of the ClinCheck "In-Face" Visualization tool for the Invisalign Go system, Align's innovative tooth movement system designed for general dentists. The ClinCheck In-Face Visualization tool enhances the digital treatment planning experience for doctors and their patients by incorporating a front-facing smile image of a patient's face into their ClinCheck treatment plan. Initially available with the Invisalign Go system, the visualization tool will roll out across the Invisalign portfolio throughout the year as the technology is optimized for Align's extensive network of over 100,000 doctors.
RIOT

Hot Stocks

08:52 EST Riot Blockchain engages XMS Capital Partners to evaluate growth opportunities - To assist the ompany in evaluating its strategic growth opportunities, Riot has engaged XMS Capital Partners. Headquartered in Chicago, XMS is an independent global financial services firm with expertise in M&A and strategic advisory. XMS will help Riot navigate the dynamic bitcoin landscape and advise the company on potential strategic transactions in bitcoin mining related operations. The company does not have a defined timeline for any transaction and cannot provide any assurance whether or when a transaction will may be announced or consummated.
ICBK

Hot Stocks

08:50 EST County Bancorp raises quarterly dividend 40% to 7c per share - County Bancorp announced that on February 18, 2020 its Board of Directors declared a quarterly cash dividend of 7c per share. The dividend will be payable on March 20, 2020 to shareholders of record as of March 6, 2020.
ICBK

Hot Stocks

08:49 EST County Bancorp raise quarterly dividen 40% to 7c per share - County Bancorp announced that on February 18, 2020 its Board of Directors declared a quarterly cash dividend of 7c per share. The dividend will be payable on March 20, 2020 to shareholders of record as of March 6, 2020.
NOVN

Hot Stocks

08:48 EST Novan receives Phase 2 NIH federal grant of approx. $1M - Novan announced that the Company has received approximately $1M funding from the National Institutes of Health to cover the first year of a two-year Phase 2 federal grant. Novan is eligible to receive approximately $500,000 of additional funding for the second year, subject to availability of NIH funds and satisfactory progress of the project. This grant is additive to the approximately $223,000 Phase 1 NIH grant received in August 2019. The grant will provide reimbursement for certain project expenses related to the advancement of WH602, a central focus of Novan's women's health business unit. WH602 is a nitric oxide-containing intravaginal gel product candidate for the treatment of cervical intraepithelial neoplasia. There are an estimated 250,000 to 1 million women newly diagnosed with CIN annually in the U.S., creating a significant patient care need. The Company expects to use the grant to support the following objectives: Evaluate the intravaginal antiviral activity of WH602 in collaboration with Neil Christensen, Ph.D., Medical Director of the Jake Gittlen Laboratories for Cancer Research at Penn State College of Medicine. Dr. Christensen has developed a mouse model that enables evaluation of potential therapeutics in a preclinical setting that will inform clinical study design if the product candidate advances to human clinical trials. The specific focus of the work with Dr. Christensen is to ensure the nitric oxide delivery from the intravaginal gel replicates antiviral activity of nitric oxide previously demonstrated to be effective against papillomavirus in Novan's clinical and in vitro studies. Deepen the mechanistic understanding of the antiviral activity of Novan's proprietary nitric oxide delivery platform against human papillomavirus in collaboration with a research team from the Department of Biochemistry and Molecular Genetics at the University of Alabama at Birmingham led by N. Sanjib Banerjee, Ph.D., Thomas R. Broker, Ph.D., Founding President of the International Papillomavirus Society, and Louise T. Chow, PhD, Member of the U.S. National Academy of Sciences and of Academia Sinica. Complete or advance certain investigational new drug-enabling toxicology and pharmacology studies and other preclinical activities required by the Food and Drug Administration to advance product candidates to human clinical trials in antiviral indications. The Company will continue to be supported through a collaboration with Health Decisions. Health Decisions is expected to provide consultation and insights for these initiatives and is expected to be involved in the first-in-human clinical studies, if the product candidates advance into the clinic.
RIOT

Hot Stocks

08:48 EST Riot Blockchain suspends development of RiotX digital currency exchange - Riot Blockchain has opted to sunset further development of Riot's U.S.-based digital currency exchange, known as the RiotX Exchange, originally initiated in early 2018, in order to concentrate its focus on cryptocurrency mining. Riot considered a number of factors when evaluating the RiotX decision including, but not limited to, the evolving regulatory environment, cybersecurity risks, and the current competitive landscape facing U.S. based cryptocurrency exchanges. Riot is considering opportunities to divest the limited assets associated with the RiotX in the best interest of the company and its stockholders.
OBLN

Hot Stocks

08:47 EST Obalon Therapeutics opens second retail treatment center in California - Obalon Therapeutics announces that it has opened its second Company-managed retail treatment center. The Obalon Center for Weight Loss is staffed by a separate professional corporation comprised of physicians and registered dieticians to support a comprehensive weight loss program. The program is centered on balloon treatment with the Obalon Balloon System and includes additional services, such as 1:1 nutrition counseling with a registered dietitian to promote sustainable weight loss focusing on behavior and lifestyle modification, personalized goals and meal plans; and unlimited access to on-demand video content, including meal plans, recipes, and fitness classes. The Obalon Balloon System is FDA approved for individuals with a BMI of 30 to 40, or who are approximately 30 to 100 pounds overweight.
DPDW

Hot Stocks

08:46 EST Deep Down receives riser isolation valve system order - Deep Down announced that it has received an order from Shell Offshore Inc. for work related to its Whale development in the U.S. Gulf of Mexico. The order includes the design, engineering and manufacturing of a Riser Isolation Valve control system as well as other subsea production equipment. The RIV control system will be installed on the floating production unit to provide shutdown of production fluids. The Whale FPU will operate in the Gulf of Mexico's Alaminos Canyon Block 773, pending a positive final investment decision later this year.
NPRUF

Hot Stocks

08:44 EST Northview REIT to be acquired by Starlight, KingSett for $36.25 per unit - Northview Apartment Real Estate Investment Trust announced that it has entered into an arrangement agreement with affiliates of Starlight Group Property Holdings pursuant to which the Purchasers will acquire Northview, and the holders of Northview's outstanding trust units will receive $36.25 per Unit in cash in a transaction valued at $4.8 billion including net debt. Under the Arrangement Agreement, the Purchasers will acquire Northview, and the holders of Northview's outstanding Units will receive $36.25 per Unit. The Offer Price represents a total equity value of approximately $2.5 billion on a fully diluted basis and a total transaction value of approximately $4.8 billion including the assumption of net debt. The Transaction is not subject to a financing condition. Unitholders will be able to elect to receive 100% of the Offer Price in the form of cash. Alternatively, unitholders may elect to receive all or a portion of the Offer Price in units of a new, multi-residential fund that would own a geographically diverse portfolio of Northview properties located in six Canadian provinces and two territories. The High Yield Fund will apply to list its units on a Canadian securities exchange concurrently with the close of the Transaction. The listing will be subject to the High Yield Fund fulfilling all of the initial listing requirements and conditions of the Exchange. Further details with respect to the High Yield Fund will be provided in the management information circular to be mailed to Northview Unitholders. Elections to receive High Yield Fund units will be subject to proration. All-Cash Elections will not be subject to proration. Unitholders not specifying an election will be deemed to have elected to receive the All-Cash Consideration. Pursuant to the Arrangement Agreement, Northview has an initial 30-day go-shop period, beginning on February 19, 2020 and ending on March 20, 2020, during which it is permitted to actively solicit, evaluate and enter into negotiations with third parties that express an interest in acquiring Northview. Northview has the option to extend the Go-Shop Period by up to 30 days, in certain circumstances. Mr. Daniel Drimmer, Chief Executive Officer and President of Starlight, has committed to vote the Units he beneficially owns, controls or directs in favour of, or tender his Units into, any all-cash superior proposal received during the Go-Shop Period, subject to certain terms and conditions, pursuant to a voting and support agreement. The Arrangement Agreement also provides a two-tier termination fee structure such that if Northview is successful in completing a transaction pursuant to a superior proposal received during the Go-Shop Period, there will be a termination fee payable to the Purchasers of $37.7 million. If a transaction is completed pursuant to a superior proposal received following the expiry of the Go-Shop Period, the Purchasers will be entitled to a termination fee of $88.0 million. The Purchasers will have the right to match any superior proposals received either during or after the Go-Shop Period. The Transaction is structured as a statutory plan of arrangement under the Alberta Business Corporations Act. Completion of the Transaction requires approval of at least 66 2/3% of the votes cast by unitholders and holders of special voting units, as well as the approval by a simple majority of votes cast by disinterested unitholders and holders of special voting units, excluding Starlight, its affiliates and any other unitholders required to be excluded under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions. The Transaction is also subject to approval of the Alberta Court of Queen's Bench, regulatory approvals, consents and approvals from Canada Mortgage and Housing Corporation and certain of Northview's lenders and the satisfaction of other customary closing conditions. Northview expects to continue to pay a monthly distribution of $0.1358 per trust unit through closing of the Transaction. The Transaction is expected to close by Q3 of 2020.
VIAC VIACA

Hot Stocks

08:39 EST ViacomCBS says to add 'broad pay' offering based on CBS All Access foundation - Says new broad pay "House of Brands" product will expand CBS All Access by adding the company's assets in film and TV and reaffirm and expand the value of entertainment, news and sports through on-demand and live experiences.
DVCR

Hot Stocks

08:38 EST Diversicare appoints Rebecca Bodie as COO - Diversicare Healthcare Services announced that Ms. Rebecca Bodie will be joining the Company in March 2020 as Executive Vice President and Chief Operating Officer, taking over the position from former Chief Operating Officer, Ms. Leslie Campbell, who resigned effective March 31, 2020.
TBPMF

Hot Stocks

08:38 EST Tetra Bio Pharma to initiate PoC trial for ophthalmic drug in dogs - Tetra Bio-Pharma announced the initiation of its clinical trial for its synthetic cannabinoid therapy for the treatment of ophthalmic eye pain in the veterinary setting. On February 8th 2020, Tetra Bio-Pharma, in partnership with a veterinary ophthalmology team, initiated recruitment of an in-life phase proof of concept clinical trial in companion dogs with complications of indolent corneal ulcers, with the first dog to be treated on February 21, 2020. This Health Canada approved trial is designed to evaluate the safety, tolerability and potential efficacy of PPP003v, the company's synthetic cannabinoid therapy, to ameliorate symptoms of this painful eye disease in dogs. Canine indolent corneal ulcers occur frequently in specific breeds of dogs5. Corneal ulcers are one of the most common painful eye disorders seen by veterinarians and untreated can cause severe pain, inflammation, scarring and vision loss6. PPP003v is Tetra's proprietary veterinary ocular formulation for treating ocular pain and inflammation in companion animals. PPP003v was developed and patented by Tetra's Ophthalmic division and contains a non-controlled synthetic cannabinoid 2 receptor selective agent in an optimized formulation for topical delivery to the eye. Extensive preclinical research has validated the Cannabinoid 2 receptor as a key drug target for reducing ocular inflammation and pain. Tetra has previously carried out pre-clinical research confirming the efficacy of PPP003v for reducing symptoms of painful inflammatory eye disease. This study will be the first time a synthetic cannabinoid agent is used in companion animals with the goal of providing pet owners with an alternative ophthalmic pain medication. The veterinary health market was estimated at $17.3Bn in 2018 posting a robust CAGR of 4%7. This proof of concept clinical trial will be completed by April 30, 2020. Based on positive results from this initial proof of concept clinical trial, Tetra will submit a new clinical trial application to the Veterinary Drugs Directorate of Health Canada to extend the findings of safety and efficacy for PPP003v, as well as commence regulatory filings of Veterinary New Drug Submission with Health Canada and New Animal Drug Application with the U.S. Food and Drug Administration to ensure that this drug will be available to the Canadian and U.S. markets for post operative eye pain. Tetra is actively seeking interested partners to license its PPP0003v line for commercialization.
VTGN

Hot Stocks

08:37 EST VistaGen Therapeutics' PH10 shows antidepressive benefit in Phase 2a study - VistaGen Therapeutics announced 'positive' results from a newly published exploratory Phase 2a clinical study of PH10, its investigational first-in-class, rapid-onset synthetic neurosteroid nasal spray, for treatment of major depressive disorder. Results of the double-blind, randomized, placebo-controlled Phase 2a study have been published in the peer-reviewed British Journal of Pharmaceutical and Medical Research. In the single-site exploratory Phase 2a study, randomized participants received placebo or either a 3.2 microg or a 6.4 microg dose of PH10 neuroactive nasal spray twice daily for eight weeks. Change in total score on the 17-item Hamilton Depression Rating Scale or HAM-D, a multiple-item questionnaire used as an indication of depression, was measured at the end of each week of treatment. In the PH10 6.4 microg treatment group, the HAM-D-17 score improved significantly from the baseline within one week and this effect was sustained until the Week 8 study endpoint. There were no reports of serious adverse events. At the end of treatment, all subjects reported to have tolerated twice daily self-administration. VistaGen is currently preparing for Phase 2b clinical development of PH10 in the U.S. for treatment of MDD.
VIAC VIACA

Hot Stocks

08:37 EST ViacomCBS sees annualized run-rate cost synergies of $750M - Sees synergies achieved over three years. Sees long-term debt/adjusted OIBDA 2.75x.
MWK

Hot Stocks

08:36 EST Mohawk Group appoints Bari Harlam to board of directors - Mohawk Group Holdings announced that Bari Harlam, EVP, Chief Marketing Officer North America at Hudson's Bay Company, has been appointed to the Company's Board of Directors, effective February 19, 2020. Following this announcement, the Board will include seven members.
VIAC VIACA

Hot Stocks

08:36 EST ViacomCBS sees FY20 adjusted OIBDA $5.8B-$6.1B - Sees FY20 domestic streaming & digital video revenue growth of 35%-40%. Sees cost synergies approx. $250M.
GALT CBAY

Hot Stocks

08:35 EST Galectin Therapeutics appoints Pol Boudes as CMO - Galectin Therapeutics Inc. (GALT) announced the appointment of Pol F. Boudes, M.D. to the position of Chief Medical Officer. In this position, Dr. Boudes will oversee Galectin's global advanced clinical development of belapectin for NASH cirrhosis, as well as all other company clinical and scientific initiatives. Dr. Boudes will report directly to Galectin's CEO Harold Shlevin, PhD. and serve as a member of the company's executive management team. Most recently, Dr. Boudes was CMO at CymaBay Therapeutics (CBAY), where he worked on the company's proprietary NASH compound and was instrumental in inventing and launching programs in rare liver diseases.
VIAC VIACA

Hot Stocks

08:35 EST ViacomCBS sees path to 'significant' improvement in 2020 adj. FCF to $1.8B-$2B - Sees additional growth in 2021.
VIAC VIACA

Hot Stocks

08:34 EST ViacomCBS notes 'significant' set of merger-related items that were Q4 headwind
WTER

Hot Stocks

08:34 EST Alkaline Water announces Justin Sander, Brent Marks as brand ambassadors - The Alkaline Water Company announced a partnership with Wicked Cushion to sponsor two of Dirt track racing rising stars, Justin Sander and Brent Marks as brand ambassadors for the 2020 season. The Company signed a co-primary sponsorship agreement for Sanders and an associate sponsorship agreement for Marks for the 2020 racing season including events with the World of Outlaws, All-Star Circuit of Champions, King of the West Series, Sprint Car Challenge Tour, the ASCS National Tour and other events around the country.
VIAC VIACA

Hot Stocks

08:32 EST ViacomCBS CEO Bob Bakish says making significant progress integrating company - Comments taken from Q4 earnings conference call.
VBLT

Hot Stocks

08:31 EST VBL Therapeutics announces launch of clinical trial of VB-111 w/ nibolumab - VBL Therapeutics announced the launch of a phase 2 clinical trial of VB-111 in combination with nivolumab, an immune checkpoint inhibitor, in the treatment of metastatic colorectal cancer. The National Cancer Institute will serve as the Investigational New Drug sponsor for this study and the IND application has been approved by the U.S. Food and Drug Administration. This new study will investigate if priming with VB-111 can drive immune cells into the tumor and turn the colorectal tumor from immunologically "cold" to "hot." The addition of nivolumab to VB-111 may further boost the anti-tumor immune response. VBL and the NCI have entered into a Cooperative Research and Development Agreement under the direction of Tim F. Greten, M.D., Deputy Branch Chief & Senior Investigator of the Thoracic and GI Malignancies Branch and Co-Director of the NCI Center for Cancer Research Liver Cancer Program. The goal of this open-label, single-arm phase 2 study is to evaluate VB-111 in combination with an anti-PD-1 inhibitor, nivolumab, in patients with metastatic colorectal cancer. In addition to safety and tolerability, this study will evaluate efficacy endpoints including Best Overall Response, as well as immunological and histologic readouts from tumor biopsies.
ADXS

Hot Stocks

08:29 EST Advaxis announces clinical data of ongoing Phase 1/2 ADXS-503 trial - Advaxis announced results from the monotherapy and combination arms of the Company's ongoing Phase 1/2 study investigating ADXS-503 in patients with non-small cell lung cancer at the IASLC 2020 Targeted Therapies of Lung Cancer Meeting in Santa Monica, California. The trial is evaluating ADXS-503, part of the Company's ADXS-HOT cancer-type specific immunotherapy program which leverages Advaxis' proprietary Lm technology platform to target hotspot mutations that commonly occur in specific cancer types as well as other proprietary, tumor-associated antigens, alone and in combination with KEYTRUDA Merck's anti-PD-1 therapy. Key findings presented by Jennifer Carlisle, M.D., Assistant Professor Department of Hematology and Medical Oncology, Winship Cancer Institute of Emory University and study investigator, titled, "A Phase 1/2 Study of ADXS-503 Alone and in Combination with Pembrolizumab in Subjects with Metastatic Squamous or Non-Squamous Non-Small Cell Lung Cancer" include: Nine patients have been dosed to date; seven in the monotherapy arm and two in the combination arm, with a total of seven evaluable patients; 50% of evaluable patients from the monotherapy arm, from Part A, showed stable disease; The first evaluable patient from the combination arm, Part B, who previously progressed on pembrolizumab, showed stable disease with a 25% reduction in a site lesion; Stable disease was observed in a heavily pretreated patient population with patients failing up to six prior lines of therapy and most patients progressing on prior immunotherapy treatments; ADXS-503 monotherapy and in combination with pembrolizumab appeared safe and tolerable in this heavily pretreated population of patients with no dose limiting toxicities observed; Treatment-related adverse events were mostly Grade 1-2, with no additive toxicity observed with combination therapy. The Phase 1/2 clinical trial of ADXS-503 will seek to establish the recommended dose, safety, tolerability and clinical activity of ADXS-503 administered alone and in combination with a checkpoint inhibitor in approximately 50 patients with NSCLC, in at least five sites across the U.S. The two dose levels with monotherapy in Part A, have been completed and Part B in combination with a checkpoint inhibitor is currently open to enrollment.
ALL

Hot Stocks

08:27 EST Allstate reports estimated January catastrophe losses of $58M - Allstate announced estimated catastrophe losses for the month of January of $58M, pre-tax and $46M after-tax. Catastrophe losses occurring in January comprised four events at an estimated cost of $64M, pre-tax and $51M, after-tax, partially offset by favorable prior period reserve reestimates. Effective February, Allstate will revert back to a catastrophe loss reporting threshold of $150M in a calendar month.
GLW QCOM

Hot Stocks

08:26 EST Corning, Qualcomm collaborate to develop 5G mmWave infrastructure systems - Corning Incorporated (GLW) announced on Thursday that it is working with Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated (QCOM), to develop 5G mmWave infrastructure systems for enterprises and public venues. The 5G systems are designed to combine Qualcomm Technologies' 5G and mmWave technology leadership with Corning's industry-proven small-cell expertise to deliver affordable and easy-to-install 5G-ready networks indoors. The Corning systems are expected to be among the first designed to deliver 5G-NR capability over mmWave spectrum in the indoor segment, which includes enterprises such as offices, university campuses, hospitals, hotels, shopping centers, and more. The 5G systems will leverage Corning's virtualized RAN architecture to manage the attached mmWave small cells. By utilizing the Qualcomm FSM100xx 5G RAN platform, Corning has access to leading-edge mmWave capabilities that are designed to facilitate small, powerful, and power-efficient mmWave infrastructure for cost-effective and scalable indoor deployments. The working relationship is expected to enable Corning to implement new functionality around concurrent beamforming, advanced scheduling, and other features necessary to support the unique characteristics of indoor environments. When combined with Corning's LTE-based Enterprise RAN systems based on the Qualcomm FSM99xx 4G RAN platform, mobile operators are expected to rapidly deploy 5G-NSA services.
PWFL

Hot Stocks

08:25 EST Mobileye, Pointer collaborate to install traffic telematics units - PowerFleet announced that its subsidiary, Pointer, is working in tandem with Mobileye to install Pointer telematics units on traffic lights in the streets of Jerusalem. The negotiation follows the joint pilot between both companies. Pointer's telematics units transmit the status of the traffic light in real time to the Mobileye Autonomous Experimental Vehicles. The units enable direct communication between the traffic light and the vehicle and provide an additional data layer from the vehicle's sensors. Once installed on the traffic lights in Jerusalem, Pointer's telematics units will transmit the traffic light status every 0.4 seconds. Events will be recorded in real-time on the experimental vehicles in order to verify the traffic light color. The contact between both companies encompasses hundreds of telematics units and over 86,000 daily broadcasts.
NNDM

Hot Stocks

08:24 EST Nano Dimension to voluntarily delist from Tel-Aviv Stock Exchange - Nano Dimension announced that it will voluntarily delist its ordinary shares from trading on the Tel Aviv Stock Exchange. Under Israeli law and TASE rules, the delisting of Nano Dimension's ordinary shares from trading on the TASE will take place at least 90 days after the date of this announcement, which is expected to be on or about May 20, 2020. Nano Dimension will announce the exact date of its TASE delisting when it becomes available. Nano Dimension's American Depositary Shares, each of which represents 50 ordinary shares, will continue to trade on the Nasdaq Capital Market under the symbol "NNDM". Holders of ordinary shares that currently trade on the TASE may convert their ordinary shares into ADSs through their banks or brokers. The process to convert ordinary shares into ADSs involves depositing ordinary shares in the Israeli custodian account of The Bank of New York Mellon, the Depositary of our ADS program. The Bank of New York Mellon will waive its conversion and issuance fees for all shareholders who convert their ordinary shares until May 29, 2020. After May 29, 2020, each conversion will be charged $0.05 per ADS. Holders of the Company's ordinary shares are encouraged to contact their banks or brokers with any questions about the conversion process.
RYB

Hot Stocks

08:15 EST RYB Education announces strategic cooperation with NetDragon - RYB Education announced it has entered into a strategic cooperation agreement with NetDragon Websoft Holdings. NetDragon has been an active promoter of education development in the internet industry. It develops innovative EdTech products and systems through active collaboration with renowned universities and enterprises. RYB will leverage NetDragon's technology and expertise to further integrate both parties' online and offline resources. For example, the two companies will seek to jointly develop early childhood educational products, as well as explore the field of children's English language learning using an online-merge-offline model. With its advantageous technological know-how in gamification, NetDragon will also support RYB in upgrading the content and courses offered at its play-and-learn centers. This strategic collaboration marks RYB's continuous efforts in its digital and internet strategy to support its long-term growth.
CNSL

Hot Stocks

08:09 EST Consolidated Communications sees 2020 Adjusted EBITDA $520M-$525M - Sees capex $195M-$205M and FCF $145M-$155M. "We are excited about the strong momentum we have going into 2020, our financial priorities are well aligned to achieve our capital allocation plan and fiscal guidance including consistent Adjusted EBITDA," commented Udell. "While our sector is undergoing continued transformation, Consolidated remains a top 10 fiber provider in the U.S., focused on growing our fiber network and delivering on our promise of competitive, broadband solutions to rural America."
LB

Hot Stocks

08:07 EST L Brands to sell majority interest in Victoria's Secret to Sycamore Partners - L Brands and Sycamore Partners, a private equity firm specializing in consumer and retail investments, announced a strategic transaction that is intended to deliver long-term value to L Brands shareholders by positioning Bath & Body Works as a standalone public company and separating Victoria's Secret Lingerie, Victoria's Secret Beauty and PINK into a privately-held entity "focused on reinvigorating its market-leading businesses and returning them to historic levels of profitability and growth." Under the terms of the transaction, Victoria's Secret, with a total enterprise value of $1.1B, will be separated from L Brands into a privately-held company majority-owned by Sycamore. After taking into account certain liabilities, Sycamore will purchase a 55% interest in Victoria's Secret for approximately $525M. L Brands will retain a 45% stake in Victoria's Secret to enable its shareholders to meaningfully participate in the upside potential of these businesses. The company intends to use the proceeds from the transaction, along with approximately $500M in excess balance sheet cash, to reduce debt, and expects that its overall leverage, on an adjusted debt to EBITDAR basis, will be close to its current leverage ratio. Leslie Wexner, Chairman and CEO of L Brands, stated, "We believe this structure will allow Bath & Body Works - which represents the vast majority of 2019 consolidated operating income - to continue to achieve strong growth and receive its appropriate market valuation. The transaction will also allow the company to reduce debt. We believe the separation of Victoria's Secret Lingerie, Victoria's Secret Beauty and PINK into a privately held company provides the best path to restoring these businesses to their historic levels of profitability and growth. Sycamore, which has deep experience in the retail industry and a superior track record of success, will bring a fresh perspective and greater focus to the business. We believe that, as a private company, Victoria's Secret will be better able to focus on longer-term results. We are pleased that, by retaining a significant ownership stake, our shareholders will have the ability to meaningfully participate in the upside potential of these iconic brands." Upon the closing of the transaction, Wexner will step down as CEO and Chairman of the Board of L Brands. He will remain a member of the Board as Chairman Emeritus. The company also announced today that it has extended its agreement with Barington Capital Group and Barington Companies Equity Partners for an additional twelve months. Under the agreement, Barington will continue to serve as special advisor to L Brands.
ABT

Hot Stocks

08:06 EST Abbott's FreeStyle Libre system shows diabetes control in four abstracts - Abbott announced that four real-world data abstracts are being presented during the 13th Advanced Technologies & Treatments for Diabetes in Madrid. The new data show that users of the FreeStyle Libre system have improved glucose control, increased time in target glucose range, and decreased time in hyperglycemiaiv - high glucose levels - and hypoglycemiaiv - low glucose levels -, as well as reduced HbA1Ci, - average glucose levels over a three month period -. People living in Germany with Type 1 or Type 2 diabetes on insulin show a sustained reduction in HbA1c over 12 months following use of the FreeStyle Libre system, which indicates that FreeStyle Libre users had an improved HbA1c that was maintained over a substantial period of time. Data from Sweden's National Diabetes Register conclude that people with Type 1 and Type 2 diabetes significantly reduced their HbA1c when they used the FreeStyle Libre system for three to nine months. A reduction of HbA1c of 0.44% for people with Type 1 and 0.67% for people with Type 2 were observed with first-time users of FreeStyle Libre system. Expanded analysis of real-world data from Canada demonstrate that higher frequency of scanning is associated with increased time in target glucose range and decreased hypoglycemia. This analysis, in addition to previous real-world findings, show a strong association between FreeStyle Libre users who scan more frequently and overall improved glucose control. More than 12,000 people with diabetes using a CGM for the first time, including the FreeStyle Libre system, experienced a significant reduction in acute diabetes complications. People with Type 1 diabetes experienced a significant reduction in acute diabetes complications of 44% after CGM usage.
LB

Hot Stocks

08:04 EST Wexner to step down as L Brands Chairman and CEO, become Chairman Emeritus
BAH

Hot Stocks

08:03 EST Booz Allen awarded 10-year, $113M contract by SEC for cyber defense operations - The Securities and Exchange Commission, or SEC, awarded Booz Allen an extensive 10-year contract, totaling $113M, to deliver modernized cyber defense operations support. With this new contract, Booz Allen will become the SEC's major provider of cybersecurity services. Booz Allen was selected for its understanding of the agency's mission.
LB

Hot Stocks

08:03 EST L Brands says Bath & Body Works to become 'focused, standalone' public company
YUM

Hot Stocks

08:03 EST Yum! Brands' KFC to launch Kentucky Fried Chicken & Donuts nationwide - Kentucky Fried Chicken announced it is bringing its coveted, always hot, Kentucky Fried Chicken & Donuts to fans nationwide. Kentucky Fried Chicken & Donuts brings two all-American classics together, a delicious pairing of KFC's world-famous fried chicken, coupled with a warm, fresh-glazed donut. Beginning February 24, Kentucky Fried Chicken & Donuts will be available at participating restaurants in the U.S. for a limited time only.
LB

Hot Stocks

08:02 EST L Brands to sell majority 55% interest in Victoria's Secret, Pink to Sycamore
ETFC

Hot Stocks

08:00 EST E Trade trading resumes
PLUG

Hot Stocks

07:49 EST Plug Power partners with Lightning Systems to build delivery solution - Plug Power announced their partnership with Colorado-based Lightning Systems, a global developer of zero-emission drivetrains. This collaboration enables both companies to offer the world's first electric, fuel cell-powered Class 6 trucks capable of supporting middle-mile delivery logistics between warehouses and distribution centers. The zero-emission commercial trucks produced by the partnership will be powered by an integrated hybrid-electric drivetrain consisting of Plug Power's ProGen fuel cell engines coupled with Lightning Systems' electric vehicle drivetrain and batteries. As part of the company's long-standing commitment to reliability, efficiency, and cost-saving solutions, Lightning Systems also will offer customers advanced diagnostics and analytics powered by its artificial neural network technology. This technology enables customers to easily track vehicle and fuel cell system data for analysis, driver training, and route optimization. Plug Power provides the world's largest service and support network of certified fuel cell service technicians deployed throughout North America. Final production and testing of the new vehicles will be completed at Plug Power's headquarters in Latham, New York, before they are made commercially available to the public in the third quarter of 2020. Plug Power and Lightning Systems will deliver both standard and long-range Class 6 trucks through their partnership.
CORVF

Hot Stocks

07:46 EST Corvus Gold intersects high-grade gold in first North Deep target - Corvus Gold announces it has received positive assay results from the upper part of its first diamond core hole in the North Deep target, designed to evaluate the intrusive connection to the Mother Lode gold system at depth. Corvus believes that these encouraging results continue to demonstrate the expansion potential of the Mother Lode Gold system and its increasing association with higher-grades in both gold and silver. In addition, geologic data from pending holes suggest the ND mineralized zones is flattening or uplifted as it continues to the north with an expanding intrusive zone and stronger alteration. Due to the initial encouragement of the deep diamond drilling, we have expanded the program with an additional diamond core rig. Results from hole ML19-125-CT is successfully outlining a new exploration front for the expansion of the Mother Lode deposit both to the north and at depth below the main deposit. The higher-grade zones in this initial core hole, like hole ML19-104 to the north and ML19-92 indicate mineralization is closely associated with a multiphase, intermediate intrusive system at depth. This deeper intrusive target environment has shown a strong alteration and mineral assemblage pattern, as well as increasing silver values which are characteristic of a higher temperature zone favorable for large, higher-grade gold systems.
DPZ

Hot Stocks

07:45 EST Domino's Pizza rallies 15% to $341.24 after Q4 results beat estimates
HFC

Hot Stocks

07:43 EST HollyFrontier CEO 'optimistic' demand for gasoline, diesel will strengthen - HollyFrontier's President & CEO, Michael Jennings, commented, "Despite heavy maintenance across our refining system in the fourth quarter, HFC achieved healthy financial results in 2019. The resulting strong cash flow generation allowed us to invest over $500 million into our assets, complete the acquisition of Sonneborn and return $758 million in cash to shareholders through dividends and share repurchases during the year. Looking forward to 2020, we are optimistic that demand for gasoline and diesel will strengthen into the summer driving season, margins for finished lubricants will remain strong and the base oil market will improve as existing capacity absorbs growing demand for premium base oils."
CNET

Hot Stocks

07:42 EST ChinaNet Online expects coronavirus to 'materially impact' sales in Q1 - CEO Handong Cheng said, "Mr. Yu joins our team in the midst of the 2019 novel coronavirus outbreak. This outbreak has significantly impacted the market, especially for small- and mid-sized companies that have yet to resume normal operations following the government's requirements. As the majority of our clients fit this profile, we expect the COVID-19 outbreak to materially impact our sales at least in the first quarter and to possibly exert lingering effects in the second quarter of 2020. Nevertheless, as we anticipate the gradual containment and control of the epidemic, we do not believe that this downturn will persist in the long term. In the interim, we will continue to support our existing clients, bolster our service offerings, and explore additional business opportunities. Furthermore, we have launched a number of relief measures, such as service discounts and commission exemption from our existing products and future blockchain products, to help our clients work through their current business challenges. We are also leveraging remote work technologies and allowing our staff to work from home to better protect our employees during this time of hardship. Going forward, we will continue to explore new countermeasures to mitigate impacts from the COVID-19 outbreak in any way possible. While we offer support and sympathy to those impacted by the COVID-19 outbreak, it is also our duty to recognize current market opportunities. Notably, this epidemic has raised people's health awareness and thus created massive growth potential for China's healthcare industry. With his past professional experience in healthcare, Mr. Yu will strengthen our ability to expand our client base throughout the healthcare industry, and thus meet the growing needs of such companies via our targeted advertising solutions, blockchain technology, and enhanced data analysis capabilities from AI technologies."
CNET

Hot Stocks

07:41 EST ChinaNet Online appoints Kelly Cheung Ling Yu as CBO - ChinaNet Online Holdings announced the appointment of Mr. Kelly Cheung Ling Yu to the position of Chief Business Officer. In this role, Mr. Yu will help to explore new business opportunities in healthcare industry advertising, advance the Company's development of blockchain technology, and facilitate the integration of artificial intelligence data analysis. Prior to joining the Company, Mr. Yu held several leadership positions throughout China's healthcare industry.
CYTK

Hot Stocks

07:40 EST Cytokinetics announces presentation of preclinical data for CK-3773274 - Cytokinetics announced that preclinical data related to CK-3773274 were presented at the Biophysical Society 64th Annual Meeting in San Diego, CA elaborating on its mechanism of action and properties to modulate cardiac contractility in vitro and in vivo. CK-274 is a next-generation cardiac myosin inhibitor discovered by company scientists, in development for the potential treatment of hypertrophic cardiomyopathy. Previous in vitro and in vivo studies have shown that CK-274 reduced cardiac contractility and reduced fractional shortening in a dose and concentration dependent manner. New data presented at the Biophysical Society Annual Meeting demonstrate that CK-274 reduces cardiac myosin activity in vitro, and importantly it does not inhibit the actin-activated ATPase activity of smooth muscle myosin, supportive of its selectivity for cardiac myosin. Transient kinetic studies also show that CK-274 slows the rate of actin-activated phosphate release, without affecting ATP binding and hydrolysis, consistent with a mechanism that stabilizes myosin in weak actin-binding conformations. Additionally, the binding of CK-274 to cardiac myosin is shown to be mutually exclusive with the non-selective myosin inhibitor blebbistatin, thus suggesting they bind to the same or overlapping locations on cardiac myosin, but distinctly from one another given the differences in their selectivity for cardiac myosin. In contrast, the binding of blebbistatin and mavacamten, a cardiac myosin inhibitor, are not mutually exclusive, indicating CK-274 and mavacamten have distinct binding sites on cardiac myosin. These data characterize how CK-274 reduces cardiac contractility and demonstrate that cardiac myosin inhibition may address the underlying hypercontractility of the sarcomere in hypertrophic cardiomyopathies.
ADS

Hot Stocks

07:38 EST Alliance Data CEO Ralph Andretta begins tenure - Alliance Data announced that Ralph Andretta has begun his tenure as Alliance Data President and CEO. Andretta was appointed president and CEO in November 2019, with an effective date of February 3, 2020. Andretta succeeds Charles Horn, who served as Alliance Data's interim CEO since November and will continue with the company as EVP and Senior Advisor during a transition period. Most recently, Andretta served as Managing Director and Head of U.S. Cards for Citigroup. Andretta's career spans Citi, American Express, Bank of America and EY. Andretta will spend his next 100 days on a listening tour, meeting with company management and associates across multiple locations worldwide as well as other key stakeholders and partners. By late spring, with input received from various stakeholders, Andretta will work with his executive leadership team to develop and execute a strategic plan focused on reenergizing the business and returning Alliance Data to more sustainable, predictable growth.
DPZ

Hot Stocks

07:37 EST Domino's Pizza reports Q4 global net store growth of 492 stores - The company had fourth quarter global net store growth of 492 stores, comprised of 141 net new U.S. stores and 351 net new international stores. In fiscal 2019, the company opened 1,106 net new stores, comprised of 250 net new U.S. stores and 856 net new international stores.
DPZ

Hot Stocks

07:36 EST Domino's Pizza confirms two-to-three-year outlook - Sees: Global retail sales growth of 7%-10%; U.S. same store sales growth 2% - 5%; International same store sales growth 1%-4%; Global net unit growth 6%-8%.
SCHW...

Hot Stocks

07:35 EST Charles Schwab drops 1.5% to $46.75 after Morgan Stanley buys E-Trade
MS ETFC

Hot Stocks

07:35 EST Morgan Stanley drops 4% to $54.03 following all-stock acquisition of E-Trade
ETFC MS

Hot Stocks

07:34 EST Morgan Stanley acquires E-Trade in all-stock deal valued at $13B - Morgan Stanley (MS) and E-Trade Financial (ETFC) have entered into a definitive agreement under which Morgan Stanley will acquire E-Trade in an all-stock transaction valued at approximately $13B. Under the terms of the agreement, E-Trade stockholders will receive 1.0432 Morgan Stanley shares for each E-Trade share, which represents per share consideration of $58.74 based on the closing price of Morgan Stanley common stock on February 19. The acquisition is subject to customary closing conditions, including regulatory approvals and approval by E-Trade shareholders, and is expected to close in the fourth quarter of 2020. The transaction provides "significant upside potential" for shareholders of both Morgan Stanley and E-Trade, the company said in a statement. "Shareholders from both companies will benefit from potential cost savings estimated at approximately $400 million from maximizing efficiencies of technology infrastructure, optimizing shared corporate services and combining the bank entities, as well as potential funding synergies of approximately $150 million from optimizing E-Trade's approximate $56 billion of deposits," they said. Morgan Stanley said its "full-service, advisor-driven model coupled with E-Trade''s direct-to-consumer and digital capabilities, will allow the combined business to have best-in-class product and service offerings to support the full spectrum of wealth."
MBRX

Hot Stocks

07:34 EST Moleculin Biotech's Annamycin shows no cardiotoxicity in Phase 1 trial to date - Moleculin Biotech has received an independent assessment of the absence of cardiotoxicity in patients treated with Annamycin in both its US and European open label and single arm Phase 1 clinical trials. Data from the first 5 patients in the US and the first 9 patients in Europe were made available to an expert in chemotherapy who is affiliated with a leading cancer research institute in assessing cardiotoxicity. After review of this data, the independent expert concluded that he "does not see evidence of cardio-toxicity." Cardiac health biomarkers such as blood Troponin levels are considered an indicator of potential long-term heart damage. "We are pleased to receive this independent assessment which further validates the absence of cardiotoxicity in patients to date of Annamycin," stated CEO Wally Klemp. "Currently approved anthracyclines are notoriously cardiotoxic, so demonstrating that Annamycin is not cardiotoxic, even in patients who have received more than the lifetime maximum cumulative anthracycline exposure established by the FDA, supports our claim that Annamycin is truly in a class by itself, and indeed a 'Next Generation' anthracycline."
DPZ

Hot Stocks

07:33 EST Domino's Pizza raises quarterly dividend 20% to 78c per share - On February 19, the Board of Directors declared a 78c per share quarterly dividend for shareholders of record as of March 13 to be paid on March 30. This represents an increase of 20% over the previous quarterly dividend amount.
DPZ

Hot Stocks

07:31 EST Domino's Pizza reports Q4 U.S. same store sales growth of 3.4% - Reports: U.S. same store sales growth of 3.4% for the fourth quarter; 3.2% for fiscal 2019; International same store sales growth of 1.7% for the fourth quarter; 1.9% for fiscal 2019; Global net store growth of 492 for the fourth quarter; 1,106 for fiscal 2019.
ETFC MS

Hot Stocks

07:30 EST Morgan Stanley to acquire E-Trade for $58.74 per share or $13B
ANVS

Hot Stocks

07:30 EST Annovis Bio issued patent for method of treating Parkinson's Disease - Annovis Bio was issued a patent in August 2019 for a method of treating Parkinson's disease, Lewy body dementia and other Lewy body diseases in humans by administering its lead compound, ANVS401. The Company expects multiple patents to be generated from this patent family, each targeting specific neurodegenerative diseases independently. ANVS401 improves axonal transport, the information highway of the nerve cell, by attacking multiple neurotoxic proteins simultaneously. ANVS401 is the lead compound in the Company's ongoing Phase 2a clinical trial for Alzheimer's disease and in a planned Phase 2a trial for Parkinson's disease. The Company is planning a 50-patient Phase 2a study in Parkinson's disease with primary endpoints targeting a decrease in neurotoxic protein levels, increase in neurotransmitters and neurotrophic factors, lowering of inflammatory proteins, lowering of neurodegeneration markers, and positive cognitive and functional outcomes.
MEDIF

Hot Stocks

07:29 EST Medipharm Labs to supply medical products to Medical Cannabis by Shoppers - MediPharm Labs announced Shoppers Drug Mart, Canada's leading pharmacy retailer, has selected its wholly-owned subsidiary, MediPharm Labs to supply high-quality cannabis concentrate products to medical patients nationally in Canada through its online platform Medical Cannabis by Shoppers. Under the terms of the agreement, MediPharm will utilize its proprietary pharmaceutical manufacturing platform, methodologies and scientific data to provide Medical Cannabis by Shoppers with a wide range of concentrate-based products starting with formulated bottled oils. MediPharm will provide other derivative products such as gel caps and topicals as they become available. The agreement is for a three-year term subject to renewal for an additional two years. Formulated oils provided under the agreement are expected to begin being shipped to Shoppers within the first two months of the agreement.
AKS CLF

Hot Stocks

07:26 EST AK Steel won't hold conference call amid pending Cleveland-Cliffs merger - As a result of the pending merger with Cleveland-Cliffs Inc., AK Steel will not be holding an earnings conference call for the fourth quarter.
AXSM

Hot Stocks

07:24 EST Axsome Therapeutics completes patient enrollment in INTERCEPT Phase 3 trial - Axsome Therapeutics announced the completion of patient enrollment in the INTERCEPT study, a Phase 3, randomized, double-blind, placebo-controlled trial evaluating the early treatment of migraine with AXS-07. AXS-07 is a novel, oral, investigational medicine with distinct dual mechanisms of action for the acute treatment of migraine. Axsome remains on track to report topline results from INTERCEPT in the first quarter of 2020.
ETFC

Hot Stocks

07:24 EST E Trade trading halted, news dissemination
GIL

Hot Stocks

07:23 EST Gildan Activewear appoints Luc Jobin to board of directors - Gildan is pleased to announce that its Board of Directors has appointed Luc Jobin as a director effective February 18, 2020. Mr. Jobin has had a career as a business leader in Canada spanning over 30 years. Mr. Jobin retired from Canadian National Railway Company, a leading North American transportation and logistics company, where he served as President and Chief Executive Officer from 2016 to 2018 and as Executive Vice-President and Chief Financial Officer from 2009 to 2016.
GIL

Hot Stocks

07:23 EST Gildan Activewear renews shareholder rights plan - The Company also announced that its Board of Directors has approved the renewal and adoption of a shareholder rights plan, which will become effective upon confirmation and approval by the shareholders of the Company at the annual meeting of shareholders to be held on April 30, 2020. The Rights Plan will ensure that the Company and its shareholders continue to receive the benefits associated with the Company's current shareholder rights plan, which is due to expire at the close of business on the date of the Company's upcoming annual meeting of shareholders. The Rights Plan is designed to ensure that all shareholders of the Company are treated fairly in connection with any take-over offer or other acquisition of control of the Company. The Rights Plan was not adopted in response to any specific proposal to acquire control of the Company, nor is the Board of Directors aware of any pending or threatened take-over bid for the Company. The Rights Plan is similar to plans recently adopted by other Canadian companies and approved by their shareholders. If approved by the shareholders, the Rights Plan will remain in effect until the close of business on the date of the Company's annual meeting of shareholders in 2023, with one renewal option subject to shareholder approval, and subject to earlier termination or expiration of the Rights Plan in accordance with its terms.
SIX

Hot Stocks

07:22 EST Six Flags says 'unlikely' to see revenue from development of parks in China - During 2019, the company's partner in China defaulted on its payment obligations to the company. As a result, in February 2020 the company terminated the development agreements. It is unlikely that the company will recognize any revenue or income in 2020 related to the development of parks in China. In addition, the company has faced challenges in its base business, which excludes international development and the six U.S. parks the company began operating since 2018. In 2019, attendance, guest spending per capita, and revenue from the base business were flat, while Cash Operating Costs increased 2%, causing the Modified EBITDA of the base business to decline by $14M, or 3%. The Modified EBITDA margin of the base business declined by 107 basis points, as compared to the prior year. "My first ninety days have only reinforced my belief that Six Flags is a beloved brand with loyal guests and dedicated employees. Our company has difficult to replicate assets that provide a unique experience in themed entertainment, and exciting potential for profitable growth," said Mike Spanos, President and CEO. "I also believe that the company has the ability to improve its performance. We are working diligently to formulate a new strategic plan with the goal of restoring sustainable growth in attendance, revenue and profitability, and also to add directors with critical skills and experiences to our board. We will continue our consumer-centric approach, while focusing our organization on action, creativity, and relentless execution for the benefit of our guests, our employees, and our shareholders. I believe that Six Flags' future is bright, and I am excited to take on this new chapter with our great team."
GIL

Hot Stocks

07:22 EST Gildan Activewear raises quarterly dividend 15% to 15.4c per share - The Board of Directors has approved a 15% increase in the amount of the current quarterly dividend and has declared a cash dividend of $0.154 per share, payable on April 6, 2020 to shareholders of record on March 12, 2020. This dividend is an "eligible dividend" for the purposes of the Income Tax Act and any other applicable provincial legislation pertaining to eligible dividends. This is the Company's eighth consecutive annual increase in the quarterly dividend since inception of the dividend.
AKG GFI

Hot Stocks

07:13 EST Asanko Gold provides updated mineral reserve estimate - Asanko Gold provided an updated Mineral Resource Estimate and Mineral Reserve Estimate for the Asanko Gold Mine in Ghana, West Africa. The AGM is a 50:50 joint venture with Gold Fields (GFI), which is managed and operated by Asanko. Highlights include: estimated Measured and Indicated Mineral Resources of 64.1 million tons - Mt - at 1.70 g/t gold for 3.50 million ounces - Moz - gold contained; estimated Proven and Probable Mineral Reserves of 53.4 Mt at 1.38 g/t gold for 2.38 Moz of gold contained; Proven Mineral Reserves of 2.3 Mt at 0.76 g/t gold for 0.06 Moz gold contained and Probable Mineral Reserves of 51.1 Mt at 1.41 g/t gold for 2.32 Moz gold contained; estimated Inferred Mineral Resources of 7.0 Mt at 1.59 g/t gold for 0.36 Moz of gold contained; estimated gold production of 2.1 Moz of gold over an expected 10-year mine life at projected AISC of $1,135/oz; initial 2 years - 2020-21 - expected to produce on average 242,000 ounces of gold per year at an anticipated $1,048/oz AISC, with the potential for strong margins and projected free cash flow of $91.3M at an assumed $1,400/oz gold price.
NCLH

Hot Stocks

07:09 EST Norwegian Cruise Line cancels all voyages in Asia across three brands - The company said, "The Company has proactively implemented several preventative measures to reduce potential exposure and transmission of COVID-19 and to protect the health, safety, security and well-being of its guests and crew. These measures include enhanced pre-boarding and onboard health protocols that go above and beyond standard operating procedures. Any guest or crew who have traveled to China, Hong Kong or Macau in the past 30 days, regardless of nationality, are not allowed to board the Company's vessels. Certain itineraries have been modified and the Company has the flexibility to alter additional voyages as needed. Out of an abundance of caution and as a result of the uncertainty surrounding port entry and berthing availability in various destinations in Asia, the Company has made the prudent decision to cancel all voyages in Asia across its three brands. A total of 40 voyages have been canceled, modified or redeployed including 24 voyages on Norwegian Cruise Line, 10 on Oceania Cruises and 6 on Regent Seven Seas Cruises. Following these changes, the Company will not have any vessels deployed in Asia through the end of the third quarter 2020. At this time, the known direct impact to full year 2020 Adjusted EPS is expected to be approximately $0.75 and is excluded from the Company's first quarter and full year 2020 guidance. This direct impact primarily includes customer incentive compensation and 40 cancelled, modified or redeployed Asia voyages across the Company's three brands. This includes the close-in redeployment of 21 cancelled Asia voyages on Norwegian Spirit which have been redeployed to the Eastern Mediterranean for summer 2020 with an extremely condensed booking window. Due to the fluidity and uncertainty as to the duration and extent of the outbreak, it is too early for the Company to fully quantify impacts from broader headwinds to its business resulting from decreased demand for travel and tourism globally. The Company's financial performance could be materially impacted if travel restrictions and COVID-19 concerns continue for an extended period of time."
RBA

Hot Stocks

07:09 EST Ritchie Bros. chosen to sell transportation assets from Celadon Group - Ritchie Bros. announced that it has been chosen to sell select trucks and trailers owned by Celadon Group. Celadon, which filed for Chapter 11 bankruptcy protection in December 2019, was one of the largest over-the-road trucking companies in North America.
SCOR

Hot Stocks

07:08 EST comScore renews partnership with 27 CBS TV stations - Comscore announced a multi-year partnership with all 27 CBS Local Television Stations. Under the agreement, the stations will be continuing their use of Comscore local television and automotive and political currencies.
CGEN BMY

Hot Stocks

07:07 EST Compugen to initiate Phase 1/2 triple combination study with Bristol-Myers - Compugen (GEN) announced its plan to initiate a Phase 1/2 study evaluating a triple combination of Compugen's COM701, an investigational anti-PVRIG antibody, in combination with Bristol-Myers Squibb's (BMY) PD-1 immune checkpoint inhibitor Opdivo and BMS-986207, Bristol-Myers Squibb's investigational anti-TIGIT antibody. The triple combination study is designed to evaluate the blockade of the three immune checkpoint pathways - PVRIG, TIGIT and PD-1, and will accelerate the clinical evaluation of Compugen's science-driven DNAM axis hypothesis in various advanced solid tumors. The study is expected to commence in the second half of 2020, following the clearance of a new Investigational New Drug Application by the U.S. FDA. Compugen will be the study sponsor with Opdivo and BMS-986207 supplied by Bristol-Myers Squibb.
AAN

Hot Stocks

07:04 EST Aaron's sees FY20 EBITDA $430M-$458M - Sees FY20 CapEx $90M-$100M.
NEM

Hot Stocks

06:58 EST Newmont sees FY20 attributable gold production 6.4M ounces - Attributable gold production is expected to be stable at 6.2M-6.7M ounces across the five year period. The 2020 outlook of 6.4M ounces increases from 2019 with a full year of production from the acquired Goldcorp assets. Production is expected to remain between 6.2M-6.7M ounces per year longer-term through 2024 supported by a steady base from Boddington, Tanami, Ahafo, Penasquito, and the company's equity ownership interest in the Nevada Gold Mines joint venture, which is further enhanced by solid production from the company's nine other operating mines and its equity ownership in Pueblo Viejo.
RS

Hot Stocks

06:56 EST Reliance Steel "cautiously optimistic" that 2020 demand will strengthen - Reliance Steel expects to increase estimated sustainable gross profit margin range to 28% to 30%. The company expects activity to remain at similar levels in Q1. Demand in the energy - oil and gas - market remains at low levels, which Reliance expects to continue in the near-term. Reliance expects semiconductor demand to improve in 2020 as compared to 2019.
WEX

Hot Stocks

06:50 EST Wex expands long-standing partnership with Sinclair Oil - Wex and Sinclair Oil announced they have expanded their 15-year partnership. The expansion of this relationship reinforces the benefit and confidence in the collaboration and allows Wex to provide added value to Sinclair customers through enhanced products and technology, positioning both companies for further growth.
NVCN

Hot Stocks

06:49 EST Neovasc to request Nasdaq hearing after delisting determination - Neovasc will request a hearing before the Nasdaq Hearings Panel as the next step in the process in seeking an extension to satisfy the $35M minimum market value of listed securities requirement for continued listing on The Nasdaq Capital Market. On February 19, the company received the expected notice indicating that Nasdaq had determined to delist the company's common shares from Nasdaq unless the company requests a hearing before the Panel by February 26, which the company will do.This request will ordinarily stay any further action by the Staff and the company's securities are expected to continue to be eligible to trade on Nasdaq at least pending the ultimate conclusion of the hearing process.In order to evidence full compliance with the requirement, the company must evidence a market value of listed securities of at least $35M for ten consecutive business days. The Board and management have developed a plan to regain compliance with the MVLS Requirement that the company believes provides support for its request for an extension. The company is also listed on the TSX and the company's noncompliance with the Nasdaq $35M minimum MVLS requirement does not affect the company's compliance status with the TSX.
BBI

Hot Stocks

06:40 EST Brickell Biotech's sofpironium bromide in hyperhidrosis featured in publication - Brickell Biotech announced that positive results from its Phase 2b study with sofpironium bromide in patients with primary axillary hyperhidrosis were published in the peer-reviewed Journal of the American Academy of Dermatology. Sofpironium bromide is an innovative, retro-metabolically designed, anticholinergic new molecular entity under investigation for the topical treatment of primary axillary hyperhidrosis. In this Phase 2b dose-finding study, sofpironium bromide elicited clinically and statistically significant sustained reductions in sweating severity and was well tolerated, suggesting that pivotal Phase 3 studies in the U.S. of this investigational drug are warranted. Brickell and its Japanese partner, Kaken Pharmaceutical, have conducted a range of clinical studies with sofpironium bromide in over 1,300 subjects, including a Phase 3 registration trial in Japan. Topically applied sofpironium bromide gel, at concentrations of 5%, 10% and 15%, showed statistically significant differences relative to vehicle in axillary hyperhidrosis severity. The HDSM-Ax and HDSS assessments showed improvements as early as the first post-baseline visit on day 8 and were sustained during the treatment period. Across all dose groups, adverse events were predominantly mild or moderate in severity and transient in nature.
TFX

Hot Stocks

06:38 EST Teleflex acquires IWG High Performance Conductors - CEO Liam Kelly said, "As we transition into the second year of our three-year long-range plan, we remain confident in our ability to generate significant constant currency revenue growth, margin expansion, and adjusted earnings per share growth. Lastly, I am pleased to announce the acquisition of privately-held IWG High Performance Conductors, an industry-leading manufacturer of highly engineered minimally invasive medical solutions. The acquisition of HPC will expand our comprehensive OEM product portfolio by adding insulated wire and micro-diameter tubing components for medical devices including intra-cardiac mapping catheters, cerebral protection systems for TAVR procedures, and RF nerve ablation for pain management. We are quite excited to complete this acquisition, given its above-company average revenue growth and operating margin profile."
WBAI

Hot Stocks

06:35 EST 500.com subsidiary continues temporary suspension of operations in Sweden - 500.com announced that The Multi Group, or TMG, a Malta-based subsidiary of the company, continues to temporarily suspend its operations in Sweden as it awaits the renewal of its eGaming license. TMG has submitted all the application materials and is in close communication with Sweden's eGaming regulatory authority to complete the renewal process as quickly as possible. The company's revenues from TMG during the first quarter of 2020 have been materially and adversely impacted by the temporary suspension of operations in Sweden. Revenue generated by TMG accounted for approximately 99.1% of the company's total net revenues during the third quarter of 2019, of which approximately 61.3% was generated from Sweden.
LYG

Hot Stocks

06:34 EST Lloyds Banking sees FY20 NIM 2.75%-2.8% - The company expects: Operating costs to be less than GBP 7.7 billion with the cost:income ratio lower than in 2019; Net asset quality ratio expected to be less than 30 basis points; Capital build expected to be within the Group's ongoing guidance range of 170 to 200 basis points per year and riskweighted assets to be broadly in line with 2019; Expect increased statutory return on tangible equity of 12 to 13 per cent, driven by resilient underlying profit and lower below the line charges. The Group is targeting an ongoing CET1 capital ratio of c.12.5 per cent plus a management buffer of c.1 per cent.
QTRH IBM

Hot Stocks

06:34 EST WiLAN subsidiary acquires patent portfolio from IBM - Wi-LAN, a Quarterhill (QTRH) company, announced that WiLAN's wholly-owned subsidiary, Elpis Technologies, has acquired a portfolio of patents from IBM (IBM). The acquired patents relate to semiconductor manufacturing process technologies. All other terms of the agreement are confidential.
HRL

Hot Stocks

06:32 EST Hormel Foods acquires Sadler's Smokehouse - Hormel Foods announced it has reached an agreement to acquire Texas-based Sadler's Smokehouse. "Sadler's Smokehouse is a family-owned business that specializes in premium and authentic pit-smoked meats for retail and foodservice customers." Hormel Foods has been a customer of Sadler's Smokehouse for over two decades. Sadler's Smokehouse will continue operations from the Henderson, Texas, facility and will report into the Refrigerated Foods segment. The transaction was structured as an asset sale and is expected to close in March.
TRGP

Hot Stocks

06:29 EST Targa Resources sees 2020 average natural gas inlet volumes up 10% y-o-y - Sees 2020 adjusted EBITDA $1.625B-$1.75B, with the midpoint of the range representing an 18% increase over full year 2019 Adjusted EBITDA.
SIX

Hot Stocks

06:27 EST Six Flags down 15% to $32.33 after Q4 results, dividend cut, CFO retirement
LGC

Hot Stocks

06:25 EST Legacy Acquisition Corp extends deadline to complete business combination - Legacy Acquisition Corp. announced that it has elected to extend the date by which it has to consummate a business combination from February 20 to March 21. Legacy now has until March 21 to consummate its proposed business combination, and may further extend such deadline by up to two additional 30-day periods ending on May 20.
GPS

Hot Stocks

06:20 EST Gap announces partnership with thredUP - Gap announced a partnership with thredUP, the world's largest fashion resale platform, to encourage customers to turn in secondhand clothes in exchange for shopping credit to be redeemed at Gap, Banana Republic, Athleta, or Janie and Jack. Gap is the largest clean out participant to date in thredUP's Resale-as-a-Service program, an online platform that partners with retailers to support the circular fashion economy.
DLGNF IOTS

Hot Stocks

06:19 EST Dialog to acquire Adesto Technologies in deal with enterprise value of $500M - Dialog Semiconductor (DLGNF) and Adesto Technologies Corporation (IOTS), a provider of innovative custom integrated circuits and embedded systems for the Industrial Internet of Things market, today announced they have signed a definitive agreement for Dialog to acquire all outstanding shares of Adesto. Adesto accelerates Dialog's expansion into the growing IIoT market that enables smart buildings and industrial automation, seamlessly driving cloud connectivity, the companies said in a statement. "This acquisition substantially enhances our position in the Industrial IoT market," said Jalal Bagherli, CEO of Dialog. "Adesto's established strength in connectivity solutions and highly optimized products for building and industrial automation perfectly complements and adds scale to our Industrial IoT portfolio from the recently acquired Creative Chips. Adesto's deep customer relationships, comprehensive system expertise, and proprietary technology will deliver enhanced value for Dialog customers." Dialog will acquire Adesto for $12.55 per share in cash, or for approximately $500M enterprise value. The deal will be funded from Dialog's balance sheet. The transaction is expected to be EPS accretive for Dialog within the first calendar year following close. Dialog expects annual cost synergies of approximately $20M within the first calendar year of close across the combined company. Dialog also anticipates considerable additional revenue synergies given the complementary nature of the product portfolios and technology. Adesto expects to report FY 2019 revenue of approximately $118M and continued revenue growth is anticipated over the next few years. The transaction is subject to certain regulatory approvals and customary closing conditions and is expected to close in the third quarter of 2020.The Board of Directors of Adesto has unanimously approved the transaction and recommends that Adesto stockholders vote in favor of the transaction, and directors and executive officers of Adesto have agreed to vote their shares in favor of the transaction.
DVA

Hot Stocks

06:18 EST DaVita names Kenny Gardner Chief People Officer - DaVita announced Kenny Gardner as its new Chief People Officer. Gardner has been with DaVita for nearly a decade and most recently served the company as a group vice president, overseeing field operations in the Southeast U.S.
AER

Hot Stocks

06:13 EST AerCap signs lease agreement with Belavia Airlines - AerCap Holdings announced it has signed an agreement with Belavia - Belarusian Airlines for the lease of three new Embraer E195-E2 aircraft. The aircraft are from AerCap's order book with Embraer. The first aircraft is scheduled to deliver in December 2020, with the remaining two aircraft delivering in March and April 2021. AerCap was the launch lessor customer of Embraer's E-Jets E2 and has a total of 50 Embraer E190-E2s and E195-E2s owned and on order.
SIX

Hot Stocks

06:11 EST Six Flags CFO Marshall Barber to retire, Leonard Russ named interim CFO - The company announced that Marshall Barber, executive vice president and CFO, plans to retire from the company, effective August 31. He will serve as CFO through February 24, and will remain with the company until his retirement date, leading strategic projects and assisting with the transition of the new CFO. Leonard Russ, Senior Vice President of Strategic Planning and Analysis, will assume the role of interim chief financial officer effective upon Barber stepping down from that position.
SIX

Hot Stocks

06:10 EST Six Flags lowers quarterly dividend to 25c per share - Payable on March 11 to shareholders of record as of March 4. "Our board's decision to reduce the dividend was not taken lightly," said Richard Roedel, Chairman of the Board. "We believe this decision is in the best long-term interests of the company and our shareholders. Our new quarterly payout ensures sufficient free cash flow to cover the dividend, preserves financial flexibility to maintain a healthy balance sheet, and provides the ability to invest in our business."
SIX

Hot Stocks

06:08 EST Six Flags sees FY20 adjusted EBITDA $435M-$465M - The guidance assumes the following: (i) significantly lower revenue contribution from the company's international development agreements, (ii) organic revenue growth trends consistent with 2019, and (iii) operating cost headwinds, including higher wages and increased investment in the parks to improve the guest experience. The company is facing challenges related to its base business. Soft organic revenue trends, and increasing operating cost headwinds, primarily related to higher minimum and market wages, will be difficult to overcome in 2020. Therefore, the board of directors and management team have concluded that the company needs to make incremental investments in the base business to enhance the guest experience. The management team is working diligently to develop a new strategic plan to determine how best to improve the company's trajectory and deliver sustained earnings growth over both the short- and long-term.
MD

Hot Stocks

06:06 EST Mednax sees FY20 Adjusted EBITDA $450M-$490M - Additionally, the company anticipates an effective tax rate for the full year 2020 will be 27% and that average diluted shares for the full year will be approximately 85M. This outlook does not include any potential impact from the announced contract terminations initiated by UnitedHealth. The company is not able to forecast the outcome of this matter, nor estimate the potential impact to its results.
MGM

Hot Stocks

05:58 EST MGM admits to data breach after 10.6M customers' data posted online - MGM Resorts said in a statement to media outlets: "Last summer, we discovered unauthorized access to a cloud server that contained a limited amount of information for certain previous guests of MGM Resorts." No financial, payment card or password data was involved in the incident and the guests affected were notified, according to the company. The statement comes after ZDNet reported yesterday that the personal details of more than 10.6M users who stayed at MGM Resorts hotels have been published on a hacking forum this week. Reference Link
STM TSM

Hot Stocks

05:45 EST STMicroelectronics, TSMC collaborate to accelerate development of GaN technology - STMicroelectronics (STM) and TSMC (TSM) are collaborating to accelerate the development of Gallium Nitride, or GaN, process technology and the supply of both discrete and integrated GaN devices to market. Through this collaboration, ST's innovative and strategic GaN products will be manufactured using TSMC's leading GaN process technology. ST expects the delivery of first samples of power GaN discrete devices to its key customers later this year, followed by GaN IC products within a few months.
LX

Hot Stocks

05:13 EST LexinFintech purchases land usage rights in Shenzhen - LexinFintech announced that the company has successfully bid for a plot of land in Shenzhen's Nanshan district. Total purchase price for the acquisition of the land plot is expected to be RMB 1.032B. The company expects to enter into definitive agreements with the municipal government in the first quarter of 2020. The company has paid a RMB 206.4M security deposit as part of the bid. Pursuant to the terms of the bid, the company is expected to pay 50% of the total purchase price (minus the security deposit) immediately after the signing of the definitive agreements, and the remaining 50% of the purchase price within one year after the signing. The land use rights are subject to certain agreed-upon performance requirements and transfer restrictions.