Stockwinners Market Radar for October 29, 2017 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

TGT...

Hot Stocks

20:03 EDT On The Fly: Top five weekend stock stories - Catch up on the weekend's top five stories with this list compiled by The Fly: 1. General Motors has agreed to a $13.9M settlement with Orange County, California over claims accusing the automaker of intentionally concealing serious safety defects including those involving faulty ignition switches tied to hundreds of deaths and injuries, according to Reuters. 2. Celgene (CELG) has announced that its Ozanimod, a novel, oral, selective sphingosine 1-phosphate 1 and 5 receptor modulator, demonstrated superiority versus Biogen's (BIIB) Avonex in the phase III RADIANCE Part B trial evaluating the efficacy and safety in patients with relapsing multiple sclerosis. 3. Target's (TGT) missteps have cost the company $15B in stock-market value over the past three years, Vito Racanelli wrote in this week's edition of Barron's. But the retailer is now remodeling stores, cutting costs and ramping up its online business to combat Amazon (AMZN), and store traffic and earnings look poised to rise in coming years, which could lead to an upward revaluation of the shares, he noted, adding that the stock could return up to 30%. 4. Lionsgate's (LGF.A) "Jigsaw" slayed the competition at the domestic box office, ending the weekend with an estimated $16.3M from 2,941 theaters. Despite having said "Saw 3D" back in 2010 would be the final chapter in the "Saw" series, Lionsgate decided to have another go, with the new movie picking up a decade after the death of the killer when police are puzzled by a rash of murders matching his signature moves. "Jigsaw" earned a B CinemaScore and got 39% from Rotten Tomatoes. 5. Amgen (AMGN), Biogen, Celgene, Gilead Sciences (GILD), Enterprise Products Partners (EPD), Amazon, Alphabet (GOOGL; GOOG), and Microsoft (MSFT), Alibaba (BABA), China Life Insurance (LFC), and Sony (SNE) saw positive mentions in Barron's.
INSY

Hot Stocks

20:03 EDT Insys Therapeutics affirms commitment to sustainable future growth - Insys Therapeutics has released the following statement from its president and CEO, Saeed Motahari: "While we are saddened by the events of the past days, we reaffirm our unwavering commitment to securing a solid foundation for sustainable future growth. Representing nearly 400 employees, I want to reiterate my personal commitment and our collective resolve to leverage our diverse and unique pipeline, state-of-the-art manufacturing and, above all, the talent of our team to drive innovation for our patients and value for our stakeholders. Our future success will be grounded by a culture of ethical business practices and placing patients' interests at the forefront of the choices we make as an organization. We will continue to cooperate with ongoing investigations and strive to resolve them as circumstances permit. Our management team is taking steps to put the company on the path of improved profitability and cash flow in 2018 by reducing operating expenses while projecting growth on the top line by stabilizing SUBSYS and growing SYNDROS. We continue to believe that the company is in position to file one NDA per year over the next five years and become a leader in the cannabinoids market."
PFE

Hot Stocks

19:11 EDT Switching data in patients with Crohn's supports use of Pfizer INFLECTRA - New data show that switching patients with Crohn's disease, or CD, to INFLECTRA from REMICADE led to comparable efficacy, safety and tolerability to treatment with REMICADE over a 24-week period. The full 54-week results of the randomized controlled trial comparing INFLECTRA and REMICADE in biologic-naive patients with active CD support the long-term effectiveness of treatment with INFLECTRA. The results also show that INFLECTRA was well-tolerated, with a similar safety profile to REMICADE. Pfizer and Celltrion Healthcare jointly announced the secondary outcomes from the phase III trial of INFLECTRA in CD at the 25th United European Gastroenterology Week. The study previously reported its primary endpoint at six weeks, demonstrating non-inferiority of INFLECTRA compared to REMICADE in the treatment of CD. More than 50 real-world studies in IBD have been conducted with INFLECTRA, evaluating over 7,500 IBD patients in real-world settings. There is an important and growing body of evidence for the switching of stable REMICADE patients to INFLECTRA. Clinical studies supporting this switch include NOR-SWITCH,15 BIO-SWITCH,16 PROSIT-BIO3 and now CT-P13 3.4.
INSY

Hot Stocks

18:34 EDT Insys Therapeutics founder stepping down from Board of Directors - Insys Therapeutics has accepted the resignation of the company's founder, John Kapoor, from its Board of Directors. In the letter of resignation, Kapoor says: "I have decided to step down from my seat on the Board of Directors of Insys Therapeutics, effective immediately. I am confident that I have committed no crimes and believe I will be fully vindicated after trial. Nevertheless, I realize that my continued involvement with Insys will only serve to draw unnecessary attention to the company and its employees, and distract the management team from my primary goal when I founded Insys-helping patients. Throughout my career in the pharmaceutical industry, which has spanned almost a half century, my focus has always been innovation, creating jobs and advancing patient care. As part of this process of stepping down, I plan to put my shares in a trust to be controlled independently and continue to have a long-term commitment to the company as a stockholder. I am hopeful that my voluntary resignation will ensure that Insys remains an industry leader in the development of novel therapies to improve patient lives and will allow the company, its employees, shareholders, customers, and patients to benefit from all that Insys has to offer, now and in the future."
PSTI

Hot Stocks

18:30 EDT Pluristem proposes to launch public offering of common stock - Pluristem has announced that in connection with its proposed public offering of its shares of Common Stock on the Tel Aviv Stock Exchange, or TASE, it has concluded an Israeli institutional investors tender. In the tender the company has received overall commitments from Israeli institutional investors and accredited investors for the purchase of 8,873,700 shares in different prices for a total amount of approximately $15M and chose to accept commitments of 7,123,700 shares at a purchase price of $1.61 for a total amount of approximately $11.5M. Upon the approval of the TASE, the company intends to conduct a public offering of its shares on the TASE on Monday, October 30, 2017 at a minimum purchase price of $1.61, for up to 9,000,000 shares in the aggregate. The company has engaged Leader Underwriters as its advisor for the offering. Leader is not purchasing or selling any of the shares offered in the offering in its capacity as an advisor nor is Leader required to arrange for the sale of any specific number or dollar amount of securities, but has agreed to use its best efforts to arrange for the sale of the securities offered. The closing of the offering is expected to occur on or about October 31, 2017, subject to customary closing conditions. The company intends to use the net proceeds of the offering for research and product development activities, clinical trial activities, investment in capital equipment and for working capital and other general corporate purposes. In order to participate in the public offering, prospective investors should place orders through their brokers.
TWX...

Hot Stocks

16:41 EDT Box Office Battle: 'Jigsaw' takes top spot with $16.3M - Lionsgate's (LGF.A) "Jigsaw" slayed the competition at the domestic box office, ending the weekend with an estimated $16.3M from 2,941 theaters. Despite having said "Saw 3D" back in 2010 would be the final chapter in the "Saw" series, Lionsgate decided to have another go, with the new movie picking up a decade after the death of the killer when police are puzzled by a rash of murders matching his signature moves. "Jigsaw" earned a B CinemaScore and got 39% from Rotten Tomatoes. BOX OFFICE RUNNERS-UP: Lionsgate also took number two this weekend, with its "Boo 2! A Madea Halloween" grossing about $10M in its sophomore outing. Behind it was Warner Bros. (TWX) "Geostorm," earning $5.7M for a domestic total of $23.6M. Universal (CMCSA) and Blumhouse's "Happy Death Day" came in fourth with $4.1M on the movie's fourth weekend for a domestic tally of $48.4M. Rounding out the top five, "Blade Runner 2049," which was distributed by Warner Bros. and Sony Pictures (SNE), grossed $4M for a domestic total of $81.4M. Meanwhile, Paramount's (VIAB; VIA) "Suburbicon" opened to a dismal $2.8M after getting slapped with a D- CinemaScore, and is the worst nationwide launch of George Clooney directing career. Other publicly traded companies in filmmaking include 21st Century Fox (FOXA), and Walt Disney (DIS).
ENZY

Hot Stocks

10:08 EDT Enzymotec enters definitive agreement to be acquired by Frutarom - Enzymotec has announced that it has signed a definitive agreement under which Frutarom will acquire Enzymotec for $11.90 per share in cash. The transaction will be completed by way of a merger under the Israeli Companies Law. The transaction has received unanimous approval by Enzymotec's Board of Directors and implies an equity value of approximately $290M. The offer of $11.90 per share in cash represents a premium of 39.8% over the price of Enzymotec's ordinary shares on the Nasdaq Stock Market on July 31, 2017, the date on which Frutarom first disclosed an ownership position in Enzymotec. A shareholder meeting to approve the transaction is expected to be held in December 2017. Assuming typical timeframes, Enzymotec currently anticipates the transaction will close in the first quarter of 2018.
STX

Hot Stocks

10:05 EDT Seagate launches first drive for AI-enabled surveillance - Seagate has announced its SkyHawk AI hard disk drive, the first drive created specifically for artificial intelligence enabled video surveillance solutions. SkyHawk AI provides unprecedented bandwidth and processing power to manage always-on, data-intensive workloads, while simultaneously analyzing and recording footage from multiple HD cameras. Analytics on video surveillance hardware is growing exponentially, forecasted to increase from 27.6 million shipments in 2016 to 126M shipments in 2021, as hardware manufacturers continue to include analytics sensors on network video recorders. This will only increase as AI - particularly deep learning and machine learning applications, such as facial recognition and analyzing irregularities in behavior - become increasingly prevalent. In parallel, the need for fast video analytics will continue to rise, increasing the workload burden on NVR storage. SkyHawk AI is ideal for intensive computational workloads that typically accompany AI work streams, as its high throughput and enhanced caching deliver low latency and excellent random read performance to quickly locate and deliver video images and footage analysis. This enables on-the-edge decision making, eliminating the latency of exchanging cloud-based data and processing. Equipped with Seagate ImagePerfect AI firmware, the drive reliably records high quality, sharp video footage with no dropped frames, while simultaneously facilitating AI-enabled NVR analytics - ensuring that intelligence gathered through video surveillance footage is not lost. SkyHawk AI is now shipping to customers worldwide through appointed authorized distributors. The SkyHawk AI hard drive is available in both 10TB and 8TB capacities and has a Manufacturer's Suggested Retail Price in the U.S. of $449.99 and $349.99, respectively.
GBT

Hot Stocks

10:01 EDT Global Blood announces presentation of case study in sickle cell disease - Global Blood Therapeutics has announced the presentation of a case study in which a patient with sickle cell disease who was ineligible to participate in its ongoing Phase 3 HOPE study of voxelotor due to severe, transfusion-refractory anemia received the investigational agent through single-patient compassionate access. Details of the patient's medical history and the clinical course observed with voxelotor were delivered in an oral presentation at the Sickle Cell Disease Association of America 45th Annual National Convention in Atlanta. The case study involved a 67-year-old male with HbSS sickle cell genotype with severe anemia refractory to transfusion due to red cell antibodies that developed following multiple blood transfusions. These antibodies prevented further transfusions to correct his anemia. He also had moderate chronic obstructive pulmonary disease requiring supplemental oxygen therapy, recurrent and frequent pain exacerbations, extreme fatigue and clinical depression. After receiving voxelotor 900 mg orally once daily, the patient showed a rapid response, with an improvement in pain, fatigue, and overall mental health. His hemoglobin levels rose quickly to approximately 1.5 g/dL above baseline with a sustained increase over 66 weeks in range of 1 to 1.5 g/dL. Reductions occurred in reticulocyte count and bilirubin, both consistent with diminished hemolysis. Blood oxygen saturation improved on standard walk test, from 86mmHg at baseline to 96mmHg at 65 weeks, and he discontinued continuous oxygen supplementation. No hospitalization prompted by sickle cell pain has occurred since voxelotor initiation. His sole treatment-related side effect, Grade 2 diarrhea, occurred nine weeks after starting voxelotor treatment when the dose was increased to 1,500 mg daily, but resolved upon return to 900 mg with no further treatment-related side effects. Clinical and laboratory improvements have continued for more than 17 months and he remains on treatment today under compassionate use access.