Stockwinners Market Radar for November 18, 2018 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service |
AAPL... | Hot Stocks19:29 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. PG&E (PCG), facing investor concerns over its possible role in the deadly Camp Fire in Northern California, has reported another power-line outage that it experienced on the morning of November 8 when the blaze started, according to Reuters. The incident report said a line near the area of Concow in Butte County suffered an outage at 6:45 a.m. on November 8, the publication noted. 2. After CBS (CBS) CEO Les Moonves' downfall on sexual-assault allegations, insiders said the TV giant's board could announce a merger with Viacom (VIAB) in the next three to six months, a deal that Moonves had fiercely resisted, according to The New York Post. "I would be surprised if we are sitting around in March and CBS and Viacom are not combined," said one media executive close to the situation. 3. Store chains have been learning lessons from Amazon's (AMZN) success and investing in e-commerce fulfillment, and for stores that struggle now, the problem is them, not the economy or Amazon, Jack Hough wrote in this week's edition of Barron's. To find likely winners, stock investors should be cautious of malls, and of stores with a shortage of unique merchandise, while being bullish on those with digital savvy, the publication noted. Kohl's (KSS) and Target (TGT) appear poised to outperform, and Home Depot (HD) and Tiffany (TIF) are worth their premium valuations, while Best Buy (BBY) has had a heroic run, but now faces especially difficult sales comparisons versus last year, Hough contended. TJX (TJX) could cool, too and the outlook is not promising for J.C. Penney (JCP) and L Brands (LB), he added. 4. AT&T (T) subsidiary Warner Bros' "Fantastic Beasts: The Crimes of Grindelwald" debuted to $62.2M from 4,163 theaters. Overseas, the movie roared to $191M from 79 markets. The sequel earned a B+ CinemaScore and sports a 40% Rotten Tomatoes score. 5. BP (BP), Chevron (CVX), ExxonMobil (XOM), Royal Dutch Shell (RDS.A), Anadarko Petroleum (APC), EOG Resources (EOG), Occidental Petroleum (OXY), Cabot Oil & Gas (COG), EQT (EQT), Halliburton (HAL), Schlumberger (SLB), Amgen (AMGN), and Treehouse Foods (THS) saw positive mentions in Barron's, while Apple (AAPL) was mentioned cautiously.
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KL | Hot Stocks18:04 EDT Kirkland Lake Gold appoints David Soares as CFO, Eric Kallio as senior VP - Kirkland Lake Gold announced the appointments of David Soares as Chief Financial Officer and Eric Kallio as Senior Vice President, Exploration. Both appointments are effective immediately. The company also announced a number of internal management changes. Among the changes: John Landmark, currently Vice President, Exploration - Australia, will assume the role of Vice President, Human Resources, effective January 1, 2019; Pierre Rocque, Vice President, Canadian Operations, has been appointed Vice President, Technical Services; and Duncan King, General Manager, Canadian Operations, is appointed Vice President, Mining. The appointments for Rocque and King are effective immediately. In addition, Christina Ouellette, Executive Vice President, Human Resources, will retire from the company following a transition period with Landmark early in 2019. Doug Cater, Vice President, Exploration - Canada, will retire from the company as of January 1, 2019.
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AIMT | Hot Stocks16:51 EDT PALISADE trial of Aimmune's AR101 published in New England Journal of Medicine - Aimmune Therapeutics announced that the New England Journal of Medicine has published the full results of the landmark phase 3 PALISADE clinical trial of AR101, Aimmune's investigational biologic oral immunotherapy for desensitization of patients with peanut allergy. PALISADE is the largest and first successful phase 3 peanut allergy immunotherapy trial to date. As reported in the NEJM article, "AR101 Oral Immunotherapy for Peanut Allergy,"1 PALISADE met its primary endpoint and key secondary endpoints. In the trial's primary analysis of peanut-allergic children and adolescents ages 4-17, AR101 treatment resulted in a significant increase in the amount of peanut protein tolerated, compared to placebo. The increase, which was measured through a series of doses in an exit food challenge, suggests that AR101-treated patients could expect to have protection against reactions to accidental peanut exposures. In a real-world translation of the amounts of peanut protein tolerated, 67% of AR101 patients tolerated a single dose of at least 2 peanuts; among AR101 patients who completed the trial, 85% tolerated this level, which is equivalent to 3-4 peanuts of total exposure. Also, 50% of AR101 patients tolerated the highest challenge level, a single dose equivalent to 3-4 peanuts. AR101 treatment also resulted in a reduction in the number and severity of reactions in the exit food challenge, compared to placebo. In the exit challenge,10% of AR101 patients received epinephrine, and the median dose at which it was given was 1,000 mg of peanut protein, compared to 53% of placebo patients at a median dose of 100 mg. This corresponds to an overall 81% reduction in epinephrine use in AR101 patients across all levels of the exit challenge, with a 99% reduction at the 300-mg level and a 94% reduction at the 600-mg level. AR101 demonstrated a favorable safety profile in the highly atopic patient population enrolled in PALISADE. Treatment-emergent adverse events occurred in more than 95% of patients in both trial groups, and nearly all were mild or moderate in severity. In AR101 patients who experienced treatment-related adverse events, 2.4% experienced severe adverse events and 1.1% experienced serious adverse events. Epinephrine was used for severe adverse events in two patients, one of which was the single case of anaphylaxis in the trial.
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T... | Hot Stocks16:31 EDT Box Office Battle: 'Fantastic Beasts 2' wins weekend with $62M - AT&T (T) subsidiary Warner Bros' "Fantastic Beasts: The Crimes of Grindelwald" debuted to $62.2M from 4,163 theaters. Overseas, the movie roared to $191M from 79 markets. The sequel earned a B+ CinemaScore and sports a 40% Rotten Tomatoes score. BOX OFFICE RUNNERS-UP: Comcast (CMCSA) subsidiary Universal's "Dr. Seuss' The Grinch" fell to number two, ending the weekend with $38.2M from 4,141 locations for a 10-day domestic total of $126.5M. Behind it was 21st Century Fox's (FOX, FOXA) "Bohemian Rhapsody," with $15.7M in its third outing from 3,810 cinemas. Viacom (VIAB) subsidiary Paramount's "Instant Family" placed number four in its debut weekend with $14.7M from 3,286 theaters. Rounding out the five, 21st Century Fox's "Widows" opened to $12.3M from 2,803 locations. Other publicly traded companies in filmmaking include Disney's (DIS), Sony (SNE) and Lionsgate's (LGF.A, LGF.B).
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T... | Hot Stocks15:21 EDT AT&T, Fox Networks renew multi-year deal across distribution platforms - AT&T (T) and Fox Networks Group (FOXA) have renewed a multi-year deal to continue distribution of Fox programming across AT&T's video platforms DIRECTV, DIRECTV NOW and AT&T U-verse. The renewal includes Fox-owned local broadcast stations in 17 cities and the 22 Fox-owned regional sports networks. It also includes FS1, FS2, FX, FXX, FXM, National Geographic Channel, Nat Geo Wild, BabyTV, and Spanish-language services Fox Deportes, Nat Geo Mundo and Fox Life, as well as the Fox Soccer Plus pay-per-view service.
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SNOA | Hot Stocks12:54 EDT Sonoma Pharmaceuticals announces pricing of public offering of units - Sonoma Pharmaceuticals announced the pricing of a "best efforts" public offering of units consisting of one share of common stock, together with one half of one warrant to purchase one share of common stock at an exercise price equal to $1 per whole share. The public offering price was $1 per unit. The offering is expected to close on or about November 21, 2018, subject to customary closing conditions. Certain investors, who would beneficially own, together with its affiliates and certain related parties, more than 4.99% of the outstanding common stock as a result of the public offering, can purchase series C convertible preferred stock convertible into shares of common stock, in lieu of purchasing common stock.
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