Stockwinners Market Radar for April 26, 2020 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

19:44 EDT Fly Intel: Top five weekend stock stories - Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Boeing (BA) announced that it has terminated its Master Transaction Agreement with Embraer (ERJ), under which the two companies sought to establish a new level of strategic partnership. The parties had planned to create a joint venture comprising Embraer's commercial aviation business and a second joint venture to develop new markets for the C-390 Millennium medium airlift and air mobility aircraft. Under the MTA, April 24, 2020, was the initial termination date, subject to extension by either party if certain conditions were met. Boeing exercised its rights to terminate after Embraer did not satisfy the necessary conditions. Meanwhile, Embraer has announced that it is in receipt of Boeing's notice of termination of the master transaction agreement with Embraer. Embraer "believes strongly that Boeing has wrongfully terminated the MTA, that it has manufactured false claims as a pretext to seek to avoid its commitments to close the transaction and pay Embraer the US$4.2 billion purchase price." It added, "We believe Boeing has engaged in a systematic pattern of delay and repeated violations of the MTA, because of its unwillingness to complete the transaction in light of its own financial condition and 737 MAX and other business and reputational problems. Embraer believes it is in full compliance with its obligations under the MTA and that it has satisfied all conditions required to be accomplished by April 24, 2020. Embraer will pursue all remedies against Boeing for the damages incurred by Embraer as a result of Boeing's wrongful termination and violation of the MTA." 2. Tesla (TSLA) is calling some workers back to its lone U.S. vehicle-assembly plant starting next week, before San Francisco Bay area stay-home orders are scheduled to expire, Bloomberg's Josh Eidelson reported. Supervisors told some staff in the paint and stamping operations of the factory in Fremont, California, to report to the facility on April 29, the author noted. 3. The leading restaurant stocks have recouped much, and in some cases, all, of their big losses sustained during the market rout, with McDonald's (MCD), Starbucks (SBUX), Chipotle (CMG), Yum! Brands (YUM), and Darden Restaurants (DRI) up 50% to 125% from their lows in March, Andrew Bary wrote in this week's edition of Barron's. Investors, however, may be too optimistic about the group's prospects. Social distancing guidelines are likely to be in effect for some time once restaurants reopen and should prevent a meaningful rebound in sit-down meals that remain important for the industry despite the growth in pickup and delivery business, the author contended. 4. Diamond Offshore (DO) filed for bankruptcy protection in Texas on Sunday, after the company recently skipped making an interest payment and said it had retained restructuring advisers, Reuters' Alwyn Scott reported. The drilling company's filing said day rates and demand for its services had "worsened precipitously" this year amid a "price war" between OPEC and Russia and the steep drop in oil demand caused by the coronavirus pandemic. 5. Take Flowserve (FLS), Emerson Electric (EMR), United Rentals (URI), Fluor (FLR), Chevron (CVX), ConocoPhillips (COP), Schlumberger (SLB), Phillips 66 (PSX), Campbell Soup (CPB), Conagra (CAG), General Mills (GIS), Kellogg (K) and Kraft Heinz (KHC) saw positive mentions in this week's edition of Barron's, while Harley-Davidson (HOG) was mentioned cautiously.

14:11 EDT Potbelly returning Payroll Protection Program loan - Potbelly said in a statement that, "Potbelly's sales dropped dramatically when COVID-19 hit, forcing us to furlough employees, close shops, and significantly cut salaries at all levels of the organization. In order to financially support our in-shop employees, and based on SBA guidelines, we applied and qualified for assistance under the Payroll Protection Program. We were surprised and disappointed when the fund was quickly exhausted, leaving many without help. We are returning the PPP loan after further clarification from the Treasury Department. We will continue to seek alternatives to help support our employees and enable them to return to work so they can serve our loyal customers."

14:06 EDT Natuzzi receives continued listing standard notice from NYSE - Natuzzi announced that on April 7, 2020 it received notice from the New York Stock Exchange that the company is no longer in compliance with one of the NYSE's continued listing standards for a listed company because the average closing price of the company's American Depositary Receipts was less than $1 over a consecutive 30-trading day-period. NYSE notified the company that its ADRs would be delisted if it is not able to comply with the Dollar Price Standard within the applicable cure period. As of April 6, 2020, the average closing price of Natuzzi's ADRs over the preceding consecutive 30 trading-day period was 78c per ADR. The issuance of the notification is not discretionary and is sent automatically when a listed company's share price falls below the Dollar Price Standard. The company can regain compliance at any time during the cure period if, on the last trading day of any calendar month during the cure period, the company has a closing share price of at least $1 and an average closing share price of at least $1 over the 30 trading-day period ending on the last trading day of that month. In the event that the company is not in compliance with the Dollar Price Standard at the end of the cure period, the company expects that the NYSE will commence suspension and delisting procedures. Until then, the company's shares are expected to continue to be listed and traded on the NYSE, subject to compliance with other NYSE continued listing standards. A delisting from the NYSE is not expected to affect the company's business operations and is not expected to conflict with or cause an event of default under any of the company's material debt or other agreements. Since March 17, 2020, the company has also not been in compliance with the NYSE's continued listing standard set forth in Section 802.01(b) of the NYSE Listed Company Manual, which requires the company to maintain an average global market capitalization of not less than $15M over a consecutive 30-trading day period. In response to the COVID-19 outbreak, the NYSE has suspended the application of the Dollar Price Standard and of the Capitalization Standard until June 30, 2020. In light of this, the cure period for the company to regain compliance with the Dollar Price Standard will expire on December 16, 2020. However, the company's current capitalization suggests that the NYSE may commence proceedings to delist the company's ADRs from the NYSE within 30 trading days of the expiration of the suspension period of the Capitalization Standard, regardless of any action taken by the company to cure its non-compliance with the Dollar Price Standard prior to the expiration of the cure period for the Dollar Price Standard. Therefore, the company notified the NYSE on April 21, 2020 that it does not currently intend to take any action in connection with its non-compliance with the Dollar Price Standard. The company may reconsider this in the future if, among other things, its global market capitalization has risen above $15M following the Covid-19 suspension.