Stockwinners Market Radar for May 16, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service

LGF.A...

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20:15 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. AT&T (T) is in talks to combine a portfolio of media assets with Discovery (DISCA, DISCB), Cara Lombardo, Dana Cimilluca and Drew FitzGerald of Wall Street Journal reported, citing people familiar with the matter. The talks, which cover CNN and other parts of AT&T's WarnerMedia division, including the TNT and TBS cable channels, are advanced, and an agreement could be reached by Monday, sources told the Journal. In the potential deal, AT&T shareholders would own a big stake in the new entity, some of sources said. Bloomberg was first to report that AT&T is in talks to combine it media business with Discovery. 2. Microsoft (MSFT) board members decided that Bill Gates needed to step down from its board in 2020 as they pursued an investigation into the billionaire's prior romantic relationship with a female Microsoft employee that was deemed inappropriate, The Wall Street Journal's Emily Glazer, Justin Baer, Khadeeja Safdar and Aaron Tilley reported, citing people familiar with the matter. Members of the board tasked with the matter hired a law firm to conduct an investigation in late 2019 after a Microsoft engineer alleged in a letter that she had a sexual relationship over years with Gates, the people said. During the probe, some board members decided it was no longer suitable for Gates to sit as a director at the software company he started and led for decades, according to sources. 3. Anyone who has been shopping lately for a refrigerator or other home appliance knows it's very much a seller's market, Andrew Bary wrote in this week's edition of Barron's. Robust demand and limited supply have allowed the global appliance leader Whirlpool (WHR) to pass along price increases in steel and other raw materials to its customers, the author noted. The company, whose brands include Maytag, Amana, and KitchenAid, is increasing prices 5% to 12% across the board, the publication added. Although the stock is already up 36% this year, considering Whirlpool's financial progress, market position, and earnings power, the stock is still inexpensive, Bary contended. 4. Lionsgate's (LGF.A) "Spiral: From the Book of Saw" won the weekend at the North American box office, with an $8.7M debut from 2,811 locations. Marking a new chapter in the Saw franchise with new characters, Spiral stars Chris Rock, Max Minghella, Marisol Nichols and Samuel L. Jackson. Roughly 45% of cinemas remain dark in North America as reopening continues. 5. DuPont (DD), Realogy Holdings (RLGY), Stanley Black & Decker (SWK), Carvana (CVNA), Vroom (VRM), and Shift Technologies (SFT) saw positive mentions in this week's edition of Barron's.
ORCL

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19:58 EDT Oxford University, Oracle partner to speed identification of COVID variants - To help governments and medical communities identify and act on COVID-19 variants faster, Oxford University and Oracle have created a Global Pathogen Analysis System combining Oxford's Scalable Pathogen Pipeline Platform with the power of Oracle Cloud Infrastructure. This initiative builds on the work of a Wellcome Trust-funded consortium including Public Health Wales, the University of Cardiff, and Public Health England. First used for tuberculosis, SP3 has been repurposed to unify, standardize, analyze, and compare sequence data of SARS-CoV-2, yielding annotated genomic sequences and identifying new variants and those of concern. SP3's processing capability has been enhanced with extensive new development work from Oracle, enabling high performance and security plus 7 by 24 worldwide availability of the SP3 system in the Oracle Cloud. The SP3 system will now deliver comprehensive and standardized results of COVID-19 analyses within minutes of submission on an international scale. The results will be shared with countries around the globe in a secure environment.
TSLA...

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17:11 EDT Elon Musk implies Tesla may sell bitcoin - In a Twitter exchange on Sunday, Elon Musk implied that Tesla may sell or had sold its Bitcoin holdings. "Bitcoiners are going to slap themselves next quarter when they find out Tesla dumped the rest of their #Bitcoin holdings. With the amount of hate @elonmusk is getting, I wouldn't blame him...," a user with the handle @CryptoWhale said, with Musk replying "Indeed." Reference Link
DDS

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10:44 EDT Dillard's announces new $500M share repurchase program, 15c cash dividend - Dillard's announced that the Board of Directors has approved a new share repurchase program authorizing the company to repurchase up to $500M of its Class A Common Stock. The new open-ended authorization permits the company to repurchase its Class A Common Stock in the open market, pursuant to preset trading plans meeting the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934 or through privately negotiated transactions. At May 1, 2021, authorization of $114.3 million remained under the Company's March 2018 share repurchase plan. The Board of Directors also declared a cash dividend of 15c per share on the Class A and Class B Common Stock of the company payable August 2, 2021 to shareholders of record as of June 30, 2021. This marks the company's 209th consecutive quarterly dividend since becoming a public company in 1969.
BMY

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10:43 EDT Bristol-Myers presents new data analysis from Phase 3 EXPLORER-HCM study - Bristol Myers Squibb announced a new analysis of data from the Phase 3 EXPLORER-HCM study evaluating mavacamten, an investigational, first-in-class cardiac myosin inhibitor, in patients with obstructive hypertrophic cardiomyopathy, which was presented at the American College of Cardiology's 70th Annual Scientific Session, with simultaneous publication in The Lancet. At 30 weeks, the change in Kansas City Cardiomyopathy Questionnaire Overall Summary Score was greater in mavacamten patients than placebo, with similar benefits across all KCCQ subscales. Moreover, a greater proportion of mavacamten patients achieved a very large, clinically meaningful improvement in the KCCQ OSS, compared to placebo, 36% versus 15%. A change of at least 5 points is required to be considered clinically significant. In the Phase 3, double-blind, placebo-controlled trial, patients with symptomatic oHCM were randomized 1:1 to mavacamten or placebo for 30 weeks, followed by an 8-week washout. The KCCQ was administered at baseline and Weeks 6, 12, 18, 30 and 38. Change from baseline in KCCQ scores were analyzed using mixed model repeated measures and responder analyses. A total of 92 patients randomized to mavacamten and 88 randomized to placebo completed the KCCQ at both baseline and Week 30.
ESPR

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10:39 EDT Esperion presents simulation model based on pooled Phase 3 data - Esperion announced the poster presentation of an analysis applying the validated Second Manifestations of ARTerial disease model and Cholesterol Treatment Trialists' coefficient to pooled Phase 3 data to assess the potential of NEXLETOL Tablet to reduce cardiovascular event risk at the American College of Cardiology's 70th Annual Scientific Session. In the poster presentation, among the group of patients taking maximally tolerated statins, baseline 10-year cardiovascular event risk based on the SMART model was estimated at 25.9% for those treated with bempedoic acid and 26.6% for those who received placebo. In the statin intolerant group, baseline 10-year cardiovascular event risk based on the SMART model was estimated at 31.9% for those treated with bempedoic acid and 30.9% for those who received placebo. The simulation predicted that patients treated with bempedoic acid on top of maximally tolerated statins would experience a 3.3% further absolute reduction in 10-year cardiovascular event risk compared with statins alone. For statin-intolerant patients, defined as patients receiving no more than low-dose statin including no statin, the simulation predicted a further 6.0% absolute reduction in 10-year cardiovascular event risk with bempedoic acid compared with placebo. Based on readily available baseline characteristics, the SMART risk calculation estimates an individual ASCVD patient's 10-year risk of cardiovascular death, stroke, or myocardial infarction, also known as three-point MACE. The SMART risk score was developed based on data from a population of 5,788 patients who were part of the SMART study in the Netherlands during a 14-year period. The model was validated and updated based on pooled data from more than 18,000 patients across four continents.8 Because cardiovascular event risk can vary greatly across patients with previous cardiovascular disease, the SMART risk score allows physicians and patients to better estimate individual risk to tailor treatment and follow up. The impact of NEXLETOL on cardiovascular morbidity and mortality has not been determined is currently being investigated as part of the ongoing CLEAR Outcomes study in more than 14,000 statin-intolerant patients with or at high risk for ASCVD. The 2020 approval of NEXLETOL in the U.S. was supported by a global pivotal Phase 3 LDL-C-lowering program conducted in more than 3,000 patients with ASCVD and/or heterozygous familial hypercholesterolemia on maximally tolerated statins. In these studies, NEXLETOL provided an average of 18% placebo-corrected LDL-C lowering at week 12 when used with moderate or high-intensity statins. The most common adverse reactions were upper respiratory tract infection, muscle spasms, hyperuricemia, back pain, abdominal pain or discomfort, bronchitis, pain in extremity, anemia and elevated liver enzymes. NEXLETOL is indicated as an adjunct to diet and maximally tolerated statin therapy for the treatment of adults with HeFH or established ASCVD who require additional lowering of LDL-C.
AMRN

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10:33 EDT Amarin presents REDUCE-IT HEART FAILURE analyses at ACC.21 - Amarin announced the presentation of REDUCE-IT HEART FAILURE at ACC.21, the American College of Cardiology's 70th Annual Scientific Session, being held virtually from May 15 - 17, 2021. The REDUCE-IT HF analyses examined the effects of icosapent ethyl on the incidence of new heart failure by achieved on-treatment serum EPA levels in REDUCE-IT patients. New heart failure and new heart failure requiring hospitalization were prespecified tertiary endpoints and were not significant in the overall patient population. Post hoc analyses were conducted based on estimated average on-treatment EPA levels in patients in the icosapent ethyl group with available EPA measurements, as compared to patients in the placebo group with available EPA measurements; these analyses showed that new heart failure and new heart failure requiring hospitalization may be reduced in patients who achieve serum EPA levels higher than approximately 150 microgram/mL, though this needs to be tested prospectively. As previously reported, the REDUCE-IT cardiovascular outcomes study enrolled 8,179 patients who were required to be treated with statins and other conventional therapies, and all patients had controlled low-density lipoprotein cholesterol, elevated triglyceride levels, and either established cardiovascular disease or diabetes with other cardiovascular risk factors. The REDUCE-IT HF analyses include both prespecified and post hoc analyses. Heart failure was a prespecified tertiary endpoint within REDUCE-IT. Approximately 14% of the patients did not have EPA levels determined at baseline; baseline characteristics and outcomes in those with or without EPA measures were similar. On-treatment EPA values were estimated from available annual serum samples.