Be a Smart Investor: March 2020

Tuesday, March 31, 2020

Stock Alert: VIVUS Shares Soar 375% In Pre-Market

Shares of VIVUS Inc. (VVUS) are soaring over 375% in pre-market today, after the company announced the accelerated launch of the telemedicine and remote monitoring modules of the VIVUS Health Platform.

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Futures Pointing To Initial Pullback On Wall Street

The major U.S. index futures are currently pointing to a lower open on Tuesday, with stocks likely to give back ground after yesterday's rally.

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Well-Balanced: Akero Therapeutics (AKRO) Reports Encouraging NASH Trial Data

Akero Therapeutics Inc.'s (AKRO) phase IIa study of its investigational drug AKR-001 in patients with biopsy-confirmed nonalcoholic steatohepatitis, or NASH, has met the primary endpoint.

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Well-Balanced: Akero Therapeutics (AKRO) Reports Encouraging NASH Trial Data

McCormick Withdraws FY20 Outlook Amid COVID-19 Outbreak - Quick Facts

While reporting financial results for the first quarter of fiscal 2020 on Tuesday, McCormick & Co., Inc. (MKC) said it is withdrawing its financial guidance for the full year 2020, previously issued on January 28, 2020, due to the uncertainty of the duration and extent of the coronavirus (COVID-19) pandemic impact.

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4Front Ventures Cuts Workforce; Names Leo Gontmakher As CEO

4Front Ventures Corp. said Monday that it has reduced its workforce and divested non-core assets as part of its efforts to achieve positive cash flow in the second half of 2020.

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AMRN's Vascepa Woes, AKRO Awaits Big Day, JNJ's COVID-19 Vaccine Study In Sep

Today's Daily Dose brings you news about Akero's big day; Immunovant's Thyroid Eye Disease trial results; Court ruling in Amarin's patent suit related to Vascepa, Savara's update on its ongoing clinical trials in light of the coronavirus crisis; Johnson & Johnson's progress in its COVID-19 vaccine program.

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FDA Issues Emergency Use Authorization For Anti-malaria Drugs For Coronavirus

The U.S. Food and Drug Administration has issued an Emergency Use Authorization to allow anti-malaria drugs hydroxychloroquine sulfate and chloroquine phosphate donated to the Strategic National Stockpile as possible treatments for coronavirus (COVID-19) patients. This is the first EUA for a drug related to the COVID-19 response.

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Stock Alert: PBF Energy Shares Up 17% In Pre-Market

Shares of PBF Energy Inc. (PBF) are rising over 17%, following the company's announcement of $530 million Hydrogen Plant Sales, reduction in 2020 cash outlays by over $500 million through lowered capital and operating expenses, dividend suspension and other deferrals.

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Traders May Take A Breather Following Recent Volatility

The major U.S. index futures are currently pointing to a higher open on Monday, although the futures have shown a lack of direction over the course of the morning.

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Stock Alert: Bellerophon Shares Soar 42% In Pre-Market

Shares of Bellerophon Therapeutics Inc. (BLPH) are soaring over 42% in pre-market today, after the company announced that expanded access treatment with the INOpulse inhaled nitric oxide system (iNO) was initiated for the first time in a patient with a diagnosis of the novel coronavirus disease (COVID-19) at the University of Miami School of Medicine.

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Stock Alert: Bellerophon Therapeutics (BLPH) Breathes Easy

The University Of Miami School Of Medicine has for the first time initiated treatment of a COVID-19 patient with Bellerophon Therapeutics Inc.'s (BLPH) INOpulse inhaled nitric oxide system under the emergency expanded access program.

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Stock Alert: Plus Therapeutics Stock Up 55% In Pre-Market

Shares of Plus Therapeutics Inc. (PSTV) are surging over 55% in pre-market today, after the company announced a definitive agreement to license multiple rare cancer drug product candidates from private Texas-based radiotherapeutic company NanoTx Therapeutics Inc.

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Stock Alert: Abbott Shares Up 9% In Early Trading

Shares of Abbott Laboratories (ABT) are rising above 9% in pre-market today, after the company announced the launch of molecular point-of-care test to detect novel coronavirus in as little as five minutes.

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All Eyes On ProQR Therapeutics (PRQR)...

Shares of ProQR Therapeutics N.V. (PRQR) have gained 22 percent over the last 10 trading days as the Company gears up to report findings from a planned three-month interim analysis of its trial, dubbed STELLAR, on March 31, 2020.

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Stock Alert: BIO-key International Shares Soar Over 300% In Early Trading

Shares of BIO-key International, Inc. (BKYI) are soaring over 300% in pre-market today, after the company announced a contract to provide its biometric software and hardware solutions in support of a Nigerian Ministry of Labour program to educate, empower and create employment for one million recent college graduates in Nigeria.

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Profit Taking May Contribute To Pullback On Wall Street

The major U.S. index futures are currently pointing to a substantially lower opening on Friday, with stocks likely to give back ground after moving sharply higher over the past few sessions.

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Dr.Reddy's Recalls Phytonadione Injectable Emulsion Ampules

Dr. Reddy's Laboratories Ltd. is recalling four lots of Phytonadione Injectable Emulsion Ampules, the U.S. Food and Drug Administration said in a statement. The recall was initiated after receiving complaints of ampules breaking and shattering, upon opening, during compounding. Dr. Reddy's said it has received reports of cuts in skin and lacerations to health care professionals.

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U.S. Now Has Most Virus Cases, BSGM To Develop COVID-19 Drug, FDA Nod For BMY

Today's Daily Dose brings you news about BioSig Technologies' foray into COVID-19 drug development, FDA approval of Bristol-Myers' multiple sclerosis drug, delay in FDA panel review of Intercept Pharma's NASH drug candidate, and positive results of VBL Therapeutics' ovarian cancer trial.

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Spike In Jobless Claims May Weigh On Wall Street

The major U.S. index futures are pointing to a lower opening on Thursday as traders get their first official look at the economic impact of the coronavirus pandemic.

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Stock Alert: Dynavax Shares Rise 11% In Early Trading

Shares of Dynavax Technologies Corp. (DVAX) are rising over 11% in pre-market today, after the company announced a collaboration with the Coalition for Epidemic Preparedness Innovations or CEPI supporting the global effort to develop a vaccine to prevent the coronavirus or COVID-19.

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Stock Alert: Signet Jewelers Stock Rise 25% On Upbeat Q4

Shares of Signet Jewelers Ltd. (SIG) are soaring over 25% in pre-market today, after the company reported upbeat Q4 results.

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Stock Alert: Wanda Sports To Sell The IRONMAN Group To Advance; Stock Up 74%

Wanda Sports Group CO. Ltd. (WSG) shares are surging over 74% in pre-market today, after the company announced a definitive stock purchase agreement with Advance, a private, family-owned business, to sell The IRONMAN Group in an all cash transaction at an enterprise value of US$730 million.

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Stock Alert: Cerecor Shares Up 21% In Early Trading

Shares of Cerecor Inc. (CERC) are rising over 21% in pre-market today, after the company announced exploration of the role of an inflammatory cytokine, LIGHT, in COVID-19 patients with acute lung injury leading to Acute Respiratory Distress Syndrome.

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FactSet Maintains FY20 Outlook - Quick Facts

While reporting financial results for the second quarter on Thursday, FactSet Research Systems Inc. (FDS) maintained its earnings and revenue outlook for the full-year 2020.

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Movado Group Discontinues Dividend, Share Buyback - Quick Facts

While reporting financial results for the fourth quarter and fiscal 2020 on Thursday, Movado Group, Inc. (MOV) refrained from providing financial guidance for the full year 2021 due to the increasing uncertainty related to the potential impacts of coronavirus (COVID-19) pandemic.

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Canadian Solar Guides FY20 Revenues Below Estimates - Quick Facts

While reporting financial results for the fourth quarter and fiscal 2019 on Thursday, Canadian Solar Inc. (CSIQ) initiated revenue and module shipments outlook for the full-year 2020 and provided guidance also for the first quarter of fiscal 2020.

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GILD Seeks To Revoke Coveted Status, ELOX Pauses Trial, PRQR On Watch

Today's Daily Dose brings you news about Immutep's breast cancer trial results, ProQR Therapeutics' near-term catalyst, Eloxx Pharma pausing patient enrolment in its cystic fibrosis trial due to COVID-19 pandemic, Jazz Pharma's regulatory catalyst and Gilead seeking to revoke the coveted status for potential COVID-19 drug.

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Futures Pointing To Mixed Open On Wall Street

The major U.S. index futures are pointing to a mixed open on Wednesday, with stocks likely to show a lack of direction following the massive rally in the previous session.

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Stock Alert: Happiness Biotech Shares Up 58% In Early Trading

Happiness Biotech Group Ltd. (HAPP) shares are surging over 58% in pre-market today, after the nutraceutical and dietary supplements producer announced that the company, together with Fuzhou University, have achieved a breakthrough in developing Covid-19 Testing Kits.

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Stock Alert: Astrotech Shares Skyrocketing 180% In Pre-Market

Shares of Astrotech Corp. (ASTC) are soaring over 180% in pre-market today, after the company announced that the BreathTest-1000 is under development to screen for volatile organic compound or VOC metabolites found in a person's breath that could indicate they may have an infection, including Coronavirus Disease 2019 or COVID-19 or the resulting disease, pneumonia.

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Paychex Slashes FY20 Outlook - Quick Facts

While reporting financial results for the third quarter on Wednesday, payroll and HR services provider Paychex Inc. (PAYX) slashed its earnings and revenue growth guidance for the full year 2020.

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Stock Alert: Cytosorbents Shares Up 36% In Pre-Market

Shares of Cytosorbents Corp. (CTSO) are soaring over 35% in pre-market today, after the company announced that CytoSorb is now specifically recommended in the Italy Brescia Renal COVID Task Force Guidelines to treat patients with severe COVID-19 infection and Stage 3 renal failure on continuous renal replacement therapy (CRRT), published last week on the Italian Society of Nephrology website.

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Stock Alert: Exelixis Shares Up 13% In Pre-Market

Shares of Exelixis Inc. (EXEL) are rising over 13% in pre-market today, after the company announced its partner Takeda Pharma received approval from the Japanese Ministry of Health, Labor and Welfare to manufacture and market CABOMETYX as a treatment for patients with curatively unresectable or metastatic renal cell carcinoma or RCC.

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AMPE Suspends Recruitment In Study On Virus Risks, IMAC Rockets, SCPH On Watch

Today's Daily Dose brings you news about CytomX Therapeutics' collaboration with Astellas Pharma to develop cancer therapies, IMAC Holdings' launch of telehealth option in the wake of the COVID-19 pandemic, Ampio suspending patient enrollment in its phase III knee osteoarthritis trial as a result of the challenges faced due to the coronavirus outbreak, and scPharmaceuticals' upcoming catalyst.

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Curaleaf Gets Essential Services Designation; To Buy Three Dispensaries

Curaleaf Holdings Inc. said it has received an 'Essential Services Designation' in key markets, allowing its medical dispensaries to remain open during the COVID-19 outbreak. The Massachusetts-based cannabis company added that it will hire across its retail, cultivation and processing facilities.

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Stock Alert: Zillow Shares Up 10% In Pre-Market

Shares of Zillow Group Inc. (Z) are rising over 10% in pre-market today. The stock has been trading between $20.04 and $66.68 in the past one year, and closed Monday's trade at $31.22, up $4.03 or 14.82%. Z is currently trading at $34.60, up $3.38 or 10.83% in the pre-market trading session.

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Stock Alert: NVAX Up After NanoFlu Meets All Primary Endpoints In Phase 3 Trial

Shares of Novavax Inc. (NVAX) are surging over 30% in pre-market today, after the company announced positive top-line results of its pivotal Phase 3 clinical trial of NanoFlu, its recombinant quadrivalent seasonal influenza vaccine candidate with its proprietary Matrix-M adjuvant, in adults aged 65 and older.

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IHS Markit Q1 Adj. EPS Tops Estimates - Quick Facts

IHS Markit Ltd. (INFO) reported Tuesday that net income attributable to IHS Markit for the first quarter soared to $485.0 million or $1.20 per share from $109.7 million or $0.27 per share in the prior-year quarter.

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Guan's Mushroom Recalls Enoki For Listeria Concerns

Commerce, California-based Guan's Mushroom Co. is recalling Enoki Mushroom citing possible presence of Listeria monocytogenes, a bacteria that can cause life-threatening illness or death, the U.S. Food and Drug Administration said in a statement. The recall involves all cases of 200g/7.05 ounce packages of Enoki Mushroom, which is produced in Korea.

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9 Pharma/Biotech Stocks To Watch This Week, Here's Why...

The end of the first quarter is just around the corner. the following biotech/pharma companies are slated to report the trial results this quarter. Will they stick to the deadline?

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AYTU To Distribute COVID-19 Tests, MIST Flops, HOTH Sets Eyes On Virus Vaccine

Today's Daily Dose brings you news about Aytu BioScience's progress in its COVID-19 diagnostic tests, Roche's myeloid leukemia trial results, Milestone Pharma's disappointing NODE-301 trial results and Hoth Therapeutics getting on the bandwagon of COVID-19 drug development.

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Twitter Warns Of COVID-19 Impact On Q1 Results

Twitter Inc. (TWTR) said it now expects operating loss in the first-quarter, and quarterly revenue to be down slightly on a year-over-year basis, citing the impact of the COVID-19 pandemic.

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New Fed Measures To Support Economy May Generate Early Buying Interest

The major U.S. index futures are currently pointing to a sharply higher open on Monday, with the futures showing a significant turnaround after coming under pressure overnight.

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Stock Alert: Aytu BioScience Shares Up 20% In Pre-Market

Shares of Aytu BioScience Inc. (AYTU) are rising over 20% in the pre-market today, after the company announced that it received confirmation from the U.S. Food and Drug Administration or FDA to begin distribution of its Coronavirus Disease 2019 or COVID-2019 IgG/IgM Rapid Test throughout the United States.

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Stock Alert: NovaBay Pharma Shares Up In Pre-Market

Shares of NovaBay Pharmaceuticals Inc. (NBY) are soaring over 5% in pre-market today, after the company announced a rebrand for non-prescription Avenova, its antimicrobial lid and lash solution.

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Stock Alert: Soligenix Shares Surge 45% In Pre-Market

Shares of Soligenix Inc. (SNGX) are rising above 45% in pre-market today, after the company announced that its ongoing collaboration with the University of Hawai?i at Manoa or UH Manoa is being expanded to assess potential coronavirus vaccines (including COVID-19).

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List Of Companies Working On COVID-19 Drugs - Biotech/Pharma Stocks To Watch

The collective calamities like epidemics or pandemics are recurring themes in human history. Despite major advances in medical countermeasures, why is the world threatened by so many animal-borne infectious diseases like the ongoing COVID-19 pandemic?

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COVID-19 Diagnostic Tests

Diagnostics play a key role in combating a flu pandemic because the test results not only help to know if a person has been infected by the virus but will also help to take measures to prevent the infection spread.

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StockAlert: FDA Grants BLPH Emergency Expanded Access For INOpulse;Stock Up 534%

Shares of Bellerophon Therapeutics Inc. (BLPH) are climbing over 534% in pre-market today, after the company announced that the U.S. Food and Drug Administration or FDA has granted emergency expanded access allowing its proprietary inhaled nitric oxide or iNO delivery system, INOpulse, to immediately be used for the treatment of COVID-19.

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Stock Alert: Rand Capital Shares Soar 86% In Pre-Market

Shares of Rand Capital Corp. (RAND) are surging over 85% in pre-market today, after the company announced that its portfolio company, Rheonix Inc. is developing a coronavirus (COVID-19) test kit for use on its Encompass MDx workstation.

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Stock Alert: GenMark Diagnostics

Shares of GenMark Diagnostics Inc. (GNMK) are soaring 90% in pre-market today, extending a 16% gain in the previous session. The stock has been trading between $3.36 and $8.17 in the past one year, and closed Thursday's trade at $4.13, up 57 cents or 16.01%.

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Stock Alert: Mylan Shares Up 18% In Pre-Market

Mylan N.V. (MYL) shares are rising above 18% in pre-market today, following a 4.87% gain in the previous session. The stock has been trading between $12.75 and $29.12 in the past one year and closed Thursday's trade at $14.87, up 69 cents or 4.87%.

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Accenture Slashes FY20 Outlook; Boosts Dividend 10% - Quick Facts

While reporting financial results for the second quarter on Thursday, Accenture Plc (ACN) slashed its business outlook for the full-year 2020 to reflect expected impact of coronavirus pandemic, and provided revenue guidance for the third quarter.

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Lufthansa FY19 Profit Down, Says Can't Predict FY20 Earnings; Stock Up

Deutsche Lufthansa AG Thursday reported lower profit and margin in fiscal 2019, despite higher revenues. Looking ahead for fiscal 2020, the German airline said it can not currently predict the magnitude of the expected decline in adjusted EBIT due to the Coronavirus pandemic. The company previously said its adjusted EBIT in 2020 would be significantly below last year.

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COVID-19 Update: China Hits Milestone, 3 Dead In India, London Mulls Lockdown?

So far, 176 countries have reported COVID-19 infections, and the number of confirmed cases worldwide is 219,357 while the death toll is 8,970.

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Raw Seafoods Recalls Wegmans Salmon Products For Undeclared Wheat

Raw Seafoods, Inc. is recalling two Wegmans branded salmon products for the presence of undeclared wheat allergen, the U.S. Food and Drug Administration said in a statement. The recall involves Wegmans Brand Ginger Salmon Oven Safe Meal and Salmon Teriyaki Oven Safe Meal. However, the company has not received reports of illness so far.

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FDA Says No To Epilepsy Drug, IMV Advances COVID-19 Vaccine, ISEE Delays Study

Today's Daily Dose brings you news about the FDA rejecting Eton Pharma's Lennox-Gastaut syndrome drug, the progress in IMV's COVID-19 vaccine program, delay in IVERIC bio's dry age-related macular degeneration trial, and Vaxart's deal with Emergent BioSolutions for the development of an oral vaccine candidate for COVID-19.

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Which Blood Type Is More Susceptible To COVID-19?

Is there a relationship between blood type and susceptibility to COVID-19?

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Ecolab Backs Q1 Earnings Outlook; Expects COVID-19 To Also Impact FY20 Results

Ecolab Inc. (ECL) on Wednesday confirmed its outlook for first-quarter adjusted earnings per share in a range of $1.05 to $1.13, an increase of 2 percent to 10 percent compared with $1.03 earned a year ago.

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BMW Stock Dips On FY20 Profit, Volume Warning Amid Covid-19

Shares of BMW AG were losing around 6 percent in German trading on Wednesday after the luxury carmaker said it expects significantly lower Group profit before tax in fiscal 2020, due to the global spread of coronavirus or Covid-19. The company also projects negative impact on delivery volumes in all major markets. BMW further said it plans to invest over 30 billion euros up to 2025 on future techs

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Chicago Indoor Garden Recalls Clover Sprouts For E. Coli Concerns

Chicago Indoor Garden is recalling clover sprouts and all related products citing E. coli concerns, the U.S. Food and Drug Administration said in a statement. The company's Red Clover sprouts, with Best By dates between 12/1/19 through 3/12/20, may have been contaminated with Escherichia coli O103 or E. coli 0103.

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Tencent Q4 Profit Increases 29% - Quick Facts

Chinese Internet services provider Tencent Holdings Ltd. (TCEHY.PK) reported Wednesday that non-IFRS profit attributable to equity holders of the company for the fourth quarter was RMB 25.48 billion or $3.65 billion, an increase of 29 percent from last year. Earnings per share were RMB 2.643.

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BNTX On Fire, QDEL's Coronavirus Test Gets FDA's EUA, CureVac Back In The News

Today's Daily Dose brings you news about BioNTech's deal with Pfizer for developing coronavirus vaccine, the curious case of CureVac's CEO exit, Regeneron's progress in COVID-19 vaccine development, and FDA's Emergency Use Authorization of Quidel's coronavirus test.

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J&J Says No Proof To Support Use Of Darunavir For COVID-19

Johnson and Johnson (JNJ) has revealed that there is no evidence to support the use of Darunavir for the treatment of COVID-19. There have been anecdotal, unsubstantiated reports claiming that Darunavir has antiviral effects against the novel coronavirus.

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Progressive Corp. February Profit Plunges 80% - Quick Facts

Insurer Progressive Corp. (PGR) reported that February net income plunged 80 percent to $67.1 million or $0.11 per share from $327.6 million or $0.55 per share in the prior-year month.

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Traders May Go Bargain Hunting Following Recent Sell-Off

The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to regain some ground following the sell-off seen in the previous session.

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Stock Alerts: BioNTech SE, Pfizer To Co-develop Potential Coronavirus Vaccine

Shares of Germany's BioNTech SE (BNTX) are up more than 50% in pre-market hours and trading at $61, following an announcement that the company and Pfizer Inc. (PFE) would jointly develop a potential vaccine for coronavirus.

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Stock Alerts: Co-Diagnostics Sees Aggressive US Expansion On New FDA Policy

Shares of Co-Diagnostics, Inc. (CODX) are up more than 60% and trading at $14.66 in early hours, after the company said that a new FDA policy released last night to expedite the availability of COVID-19 diagnostics, will allow it to aggressively expand its presence in the U.S. market.

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Lam Research Withdraws March Quarter Outlook On COVID-19 Impact - Quick Facts

Lam Research Corp. (LRCX) said Tuesday it is withdrawing its prior financial guidance for the fiscal quarter ending March 29, 2020 due to the disruptions and uncertainties resulting from the coronavirus pandemic.

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Children's Place Defers FY20 Guidance Due To COVID-19 Pandemic - Quick Facts

While reporting financial results for the fourth quarter on Wednesday, children's specialty apparel retailer The Children's Place, Inc. (PLCE) deferred the issuance of financial guidance for the full-year 2020, due to the ongoing heightened uncertainty regarding the evolving coronavirus (COVID-19) pandemic.

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COVID-19 Diagnostic Tests That Recently Secured FDA's EUA

Diagnostics play a key role in combating a flu pandemic because the test results will help to know if a person has been infected by the virus and will also help to take measures to prevent the spread of infections.

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Stock Alerts: Regeneron Says Identified Antibodies For Treating COVID-19

Regeneron Pharma (REGN) said it has identified hundreds of virus-neutralizing antibodies that could potentially treat COVID-19 or Coronavirus, and from these would select the top two antibodies to develop a 'cocktail' therapy. The company plans to initiate large-scale manufacturing by mid-April. The stock is trading up 10.7% at $488 in early trading today.

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Pfizer, BioNTech To Co-develop Potential Vaccine To Combat COVID-19 Infection

Pfizer Inc. (PFE) and BioNTech SE (BNTX) have agreed to a letter of intent regarding the co-development and distribution (excluding China) of a potential coronavirus vaccine. The collaboration targets to accelerate development of BioNTech's potential

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BNTX Soars On COVID-19 Alliance, DBVT Plunges, OPGN Jumps 101%, ACRX Buys TTPH

Today's Daily Dose brings you news about Moderna's progress in COVID-19 vaccine development, cancelation of FDA Panel meeting to review DBV Technologies' peanut allergy product, District Court ruling on Mallinckrodt's base date AMP for Acthar Gel and AcelRx Pharma's acquisition of Tetraphase Pharma, among others.

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LSL withdraws from Countrywide merger talks

Tie-up would have created company with 14,000 staff and 1,000 estate agency outlets

LSL Property Services has abandoned a proposed merger with its rival Countrywide that would have brought together well-known brands such as Hamptons International and Your Move.

In a brief statement to the stock exchange, LSL said it “does not intend to make an offer for Countrywide”, less than a month after the companies confirmed they were in talks about a deal, which at the time would have been a £470m all-share merger.

Continue reading...

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Futures Pointing To Sharply Lower Open After Fed Slashes Rates

The major U.S. index futures are currently pointing to a sharply lower open on Monday, with stocks likely to give back ground following the rally seen going into the close of trading last Friday.

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Sanofi, Regeneron Begin Kevzara Clinical Trial For Severe COVID-19 - Quick Facts

Sanofi (SNY, SNYNF) and Regeneron Pharmaceuticals, Inc. (REGN) announced Monday they have started a clinical program evaluating Kevzara (sarilumab) in patients hospitalized with severe coronavirus (COVID-19).

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Stock Alert: Beyond Air Shares Surge 25% In Pre-Market

Beyond Air Inc. (XAIR) shares are rising above 25% in pre-market today, after the company announced submission of an Investigational Device Exemption (IDE) to the U.S. Food and Drug Administration (FDA) for use of its LungFitTM BRO system in the treatment of COVID-19 patients.

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Stock Alert: OpGen Shares Soar 72% In Pre-Market

OpGen Inc. (OPGN) shares are soaring over 70% in pre-market today, after the company announced that Curetis started offering a CE-IVD certified real-time PCR test kit for SARS-CoV2 (also known as 2019-nCov), the causal pathogen of Corona Virus Disease 2019 (Covid-19).

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Stock Alert: BioNTech SE Shares Surge In Pre-Market

Shares of BioNTech SE (BNTX) are soaring over 50% in pre-market today, after the company announced rapid progress on COVID-19 vaccine program to address global public health threat. The company's product candidate, BNT162, is a potential first-in-class mRNA vaccine in the worldwide effort against COVID-19.

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Pandemics: COVID-19 And Flu

The World Health Organization, on March 11, 2020, declared COVID-19, caused by SARS-CoV-2 virus, a pandemic due to the alarming levels of spread and severity of the virus.

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Stock Alert: Zuora Down 19% On Outlook

Shares of Zuora, Inc. (ZUO) are currently losing nearly 19% on Friday trading after the cloud-based software company's outlook fell short of Wall Street expectations.

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Stock Alert: DocuSign Up 8% After Q4 Results

Shares of DocuSign, Inc. (DOCU) gained nearly 8% on Friday morning trade. The company on Thursday had reported a fourth-quarter earnings and revenue that trumped Wall Street analyst estimates reflecting strong demand for its software.

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Stock Alert: La Jolla Pharma Shares Surge 30% In Premarket

La Jolla Pharmaceutical Co. (LJPC) shares are surging above 30% in pre-market today, after the company announced that it is providing GIAPREZA (angiotensin II) in Italy for compassionate use in patients with septic shock associated with COVID-19.

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Stock Alert: OPKO's BioReference Labs Offers Testing For COVID-19; Stock Up 45%

Shares of OPKO Health Inc. (OPK) are soaring over 45% in pre-market today, after the company announced that its BioReference Laboratories is now accepting specimens for testing of coronavirus disease 2019 (COVID-19) from healthcare providers, clinics and health systems throughout the United States.

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Bargain Hunting May Lead To Initial Strength On Wall Street

The major U.S. index futures are currently pointing to a sharply higher opening on Friday, with stocks likely to regain ground a day after the worst drop by the Dow in over thirty years.

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Jabil Withdraws FY20 Outlook Due To Coronavirus Impact - Quick Facts

While reporting its financial results for the second quarter on Friday, Jabil Inc. (JBL) said it is withdrawing its financial outlook for fiscal 2020, which was previously issued on December 17, 2019 and did not anticipate the impact of the coronavirus global pandemic.

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COVID-19 Mar.12: Disney World Shut, 1st Death In India, Canadian PM Quarantined

Here are the latest updates of the COVID-19 outbreak as of Thursday, March 12, 2020.

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Stock Alert: CEMI Stock Up 35% In Premarket

Shares of Chembio Diagnostics Inc. (CEMI) are rising above 35% in pre-market today, after the company announced a worldwide strategic partnership with LumiraDx Ltd. to develop point-of-care diagnostic tests for the detection of the COVID-19 virus and IgM and IgG antibodies on both the LumiraDx and Chembio DPP platforms.

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Stock Alert: Predictive Oncology Shares Surge In Premarket

Shares of Predictive Oncology Inc. (POAI) are soaring above 50% in pre-market today, after the company announced that it would launch a new AI platform for vaccine and drug development targeting Coronaviruses and Acute Respiratory Syndromes (COVID-19, MERS, and SARS) through an operating agreement with Soluble Therapeutics.

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U.S. Stocks Poised To Fall Sharply As Trump Fails To Calm Markets

The major U.S. index futures are pointing to a sharply lower opening on Thursday, with stocks likely to extend the sell-off seen in the previous session.

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Sun Hong Foods Recalls Enoki Mushroom After 4 Died Due To Listeria

Sun Hong Foods, Inc. recalled all cases of Enoki Mushroom, citing possible presence of Listeria monocytogenes, a bacteria that can cause life-threatening illness or death, the U.S. Food and Drug Administration said in a statement. The recall was initiated after 36 people were infected with Listeria, in which 4 people died and 30 were hospitalized after eating Enoki Mushrooms.

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Stocks Double And Tripled In Value From Coronavirus

As the novel coronavirus COVID-19 continues to spread quickly and severely around the world, pharma companies are racing to find a treatment for the deadly virus.

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Stock Alert: Co-Diagnostics Shares Up 26% In Premarket

Shares of Co-Diagnostics Inc. (CODX) are rising above 26% in premarket today, extending the 91% rally in the previous session. The stock has been trading in the range of $0.69 - $21.75 for the past one year, and closed Wednesday's trade at $13.18, up 6.29 or 91.29%.

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Genesco Q4 Adj. Profit Beats View, But Revenues Miss - Quick Facts

Genesco Inc. (GCO) on Thursday reported that its net income for the fourth quarter was $35.56 million or $2.49 per share, compared to net loss of $63.97 million or $3.29 per share in the year-ago period.

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COVID-19 Mar.11: It's A Pandemic, 30-Day Travel Ban, NBA Suspends Games

Here are the latest updates of the COVID-19 outbreak as of Wednesday, March 11, 2020.

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Stock Alert: Avid Bioservices Falls 29% On Earnings, Outlook

Shares of Avid Bioservices Inc. (CDMO) are currently losing almost 29 percent in the morning trade on Wednesday at $4.26 after the company reported a wider net loss for the third quarter and also lowered its fiscal 2020 revenue outlook.

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Stock Alert: Inpixon Share Up 25% In Pre-Market

Sharers of Inpixon (INPX) are rising over 25% in pre market today, after the indoor intelligence company announced collaboration with OmniExperience to fulfill a contract for indoor mapping and interactive wayfinding solutions for Walt Disney World Swan and Dolphin Resort.

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Stock Alert: GenMark Submits EUA For EPlex SARS-CoV-2 Test; Stock Up 13%

Shares of GenMark Diagnostics Inc. (GNMK) are rising over 13% in pre-market today, after the company announced submission of Emergency Use Authorization or EUA to the U.S. Food and Drug Administration (FDA) for its ePlex SARS-CoV-2 Test.

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Uncertainty About Stimulus May Lead To Pullback On Wall Street

The major U.S. index futures are pointing to a substantially lower open on Wednesday, with stocks likely to give back ground after ending the previous session sharply higher.

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Stock Alert: RedHill Biopharma Shares Soar In Pre-Market

RedHill Biopharma Ltd. (RDHL) shares are rising above 5% in pre-market today, after the company said it is actively pursuing an exploratory program intended to evaluate the activity of opaganib and RHB-107, individually and in combination with hydroxychloroquine and other compounds in the treatment of COVID-19.

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Stock Alert: Tiziana Speeds Up Coronavirus Treatment; Stock Up 311.88%

Shares of Tiziana Life Sciences Plc (TLSA) are skyrocketing over 300% in pre-market today, after the company announced that it is expediting development of TZLS-501, a novel, fully human anti-interleukin-6 receptor (anti-IL6R) monoclonal antibody (mAb) for treatment of patients infected with coronavirus COVID-19 (SARS-CoV-2).

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Stock Alert: Daqo New Energy Shares Up On Strong Q4

Daqo New Energy Corp. (DQ) shares are rising in pre-market today, after the company reported strong Q4 results. The stock has been trading between $30.17 and $81.46 in the past one year, and closed Tuesday's trade at $56.85, up $6.12 or 12.06%.

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United Natural Foods Slashes FY20 Adj. EPS Outlook - Quick Facts

While reporting financial results for the second quarter on Wednesday, United Natural Foods, Inc. (UNFI) slashed its adjusted earnings guidance for the full year 2020 to reflect charges taken in the second quarter associated with customer bankruptcy filings. However, it maintained annual net sales outlook.

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Stock Alert: Mallinckrodt Shares Up On Proposed Global Opioid Settlement Update

Shares of Mallinckrodt plc (MNK) are rising above 10% in pre-market today, after the company announced that the New York State Attorney General Letitia James has joined 47 other state and U.S. Territory Attorneys General in supporting its previously announced proposed global opioid settlement.

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Soliton Inc. (SOLY) - Mark Your Calendar For Mar.21

Aesthetic medical device company Soliton Inc. (SOLY) is all set to report results of a pivotal clinical trial evaluating its Rapid Acoustic Pulse, or RAP, device for the treatment of cellulite on March 21, 2020.

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Dignity Posts Pre-tax Profit In FY19; Says CMA Investigation Could Impact Group

Dignity Plc (DTY.L), a provider of funeral related services, reported Wednesday that its preliminary pre-tax profit for the 52 week period ended 27 December 2019 was 44.1 million pounds, compared to restated loss before tax of 18.0 million pounds in the prior year. Basic earnings per share were 69.8 pence, compared to loss of 34.0 pence last year.

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FirstGroup YTD Group Revenue Rises; To Sell North American Contract Businesses

FirstGroup plc (FGROY.PK, FGROF.PK, FGP.L), a provider of transport services in the UK and North America, on Wednesday provided an update on its portfolio rationalisation strategy and on trading since the end of September 2019. The company said it has commenced a formal process to sell its North American contract businesses.

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G4S FY19 Pre-tax Profit Down 81%, Revenues Rise - Quick Facts

G4S plc (GFSZY.PK, GFS.L) reported Wednesday that its profit before tax for the year ended 31 December 2019 was 27 million pounds, down 81 percent from 142 million pounds in the prior year. Loss per share from continuing operations was 5.9 pence, compared to earnings per share from continuing operations of 5.1 pence last year.

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COVID-19 Mar.10: Containment Zone, No Gatherings, Crisis Not To End This Year?

Here are the latest updates of the COVID-19 outbreak as of Tuesday, March 10, 2020.

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Stock Alert: Magnachip Up 10% After Raising Revenue Outlook

Shares of Magnachip Semiconductor Corp. (MX) are currently up 10% on Tuesday morning, after the company raised its revenue guidance.

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Stock Alert: Dick's Sporting Goods Up 7% On Quarterly Results

Shares of Dick's Sporting Goods (DKS) are currently gaining nearly 7% after the sporting goods retailer's fourth-quarter profit trumped Wall Street expectations.

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Stock Alert: Stitch Fix Falls 29%

Shares of Stitch Fix Inc. (SFIX) are currently falling almost 29 percent in the morning trade on Tuesday at $15.09 after the online clothing styling service reported a slight decline in profit for the second quarter and provided revenue outlook below analysts' estimates.

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Stock Alert: Novavax Shares Soar 25% In Pre-Market

Novavax Inc. (NVAX) shares are rising above 25% in pre-market today, after the company announced that the Coalition for Epidemic Preparedness or CEPI awarded an initial funding of $4 million to support Novavax' efforts to develop a COVID-19 vaccine.

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Stock Alert: At Home Group Shares Up 23% In Pre-Market

Shares of At Home Group Inc. (HOME) are rising above 20% in pre-market today, after the company announced that it expects preliminary Q4 and fiscal 2020 net sales, comparable store sales and pro forma adjusted EPS above the high end of its previous outlook.

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Stock Alert: Mesoblast To Take A Shot At Coronavirus; Stock Up 28%

Shares of Mesoblast Ltd. (MESO) are rising above 25% in pre-market today, after the company announced that it plans to evaluate its allogeneic mesenchymal stem cell or MSC product candidate remestemcel-L in patients with acute respiratory distress syndrome or ARDS caused by coronavirus (COVID-19) in the United States, Australia, China and Europe.

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Takeda Pharma TOURMALINE-MM2 Phase 3 Study Meets Primary Endpoint

Takeda Pharmaceutical Co. Ltd. (TAK, TKPYY.PK) announced Tuesday the results from the TOURMALINE-MM2 study designed to evaluate the addition of NINLARO (ixazomib) to lenalidomide and dexamethasone in newly diagnosed transplant ineligible multiple myeloma patients.

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Stock Alert: Correvio Pharma Shares Soar 33% In Pre-Market

Shares of Correvio Pharma Corp. (CORV) are surging above 30% in pre-market today, after the company announced partnership with Hong Kong Teson Pharma Ltd. for the commercialization of Aggrastat in China.

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DICK'S Sporting Guides FY20 EPS In Line With Estimates; Boosts Dividend 13.6%

While reporting financial results for the fourth quarter on Tuesday, sporting goods retailer DICK'S Sporting Goods Inc. (DKS) initiated its earnings and consolidated same store sales guidance for the full-year 2020. For the fourth quarter, consolidated same store sales increased 5.3 percent.

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Stock Alert: AIM ImmunoTech Shares Continue Rally In Early Trading; Stock Up 13%

Shares of AIM ImmunoTech Inc. (AIM) are rising above 13% in pre-market today, extending the 190.48% rally in the previous session. We alerted readers to this stock yesterday at $3.34. The stock ran up to $7.11 yesterday and closed Monday's trade at $6.10, up $4.00 or 190.48%.

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Here's Why Immunovant (IMVT) Merits A Look

Immunovant Inc. (IMVT), which began trading on the NASDAQ on December 19, 2019, has since gained nearly 13 percent.

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COVID-19 Update Mar.9: Prisoners Released, Country In Lockdown, Trading Halt

Here are the latest updates of the COVID-19 outbreak as of Monday, March 9, 2020.

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Hikma Extends Recall Of Ketorolac Tromethamine Injection

Hikma Pharmaceuticals USA Inc., the U.S.-based business of Hikma Pharmaceuticals PLC, extended its previously announced recall of certain lots of pain and inflammation medication Ketorolac Tromethamine in the form of injection for the potential presence of small visible particulate matters.

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Stock Alert: AIM ImmunoTech Shares Spike On Coronavirus Drug Testing News

Shares of AIM ImmunoTech Inc. (AIM) shot up more than 66% in pre-market today, after the immuno-pharma company announced that the National Institute of Infectious Diseases or NIID in Japan will begin testing AIM's drug Ampligen as a potential treatment for COVID-19, the new coronavirus infectious disease caused by SARS-CoV-2.

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Coronavirus Worries, Sharp Drop In Oil Prices May Weigh On Wall Street

The major U.S. index futures are currently pointing to a sharply lower opening on Monday, with stocks likely to extend the steep drop seen over the two previous sessions.

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Stock Alert: Vaxart Shares Up On Coronavirus Vaccine Hopes

Vaxart Inc. (VXRT) shares are rising above 16% in pre-market today, extending the 6% rally in the previous session. The stock has been trading between $0.25 and $5.00 in the past one year, and closed Friday's trade at $2.56, up 16 cents or 6.67%. VXRT is currently up 42 cents or 16.41% to $2.98 in pre-market session.

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What's The Path Forward For Ascendis Pharma (ASND)?

Ascendis Pharma A/S (ASND), a clinical-stage biopharmaceutical company focusing on endocrinology rare disease, is all set to report results from a phase II study of TransCon PTH for adult hypoparathyroidism by the end of this month. Full results from this trial are expected in the third quarter.

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Dole Fresh Vegetables Recalls H-E-B-branded Tuscan Herb Salad Kit

Dole Fresh Vegetables, Inc. is recalling H-E-B-branded Tuscan Herb salad kit citing possible undeclared allergens such as peanut, wheat, soy and tree nuts, the U.S. Food and Drug Administration said in a statement. The recall involves Tuscan Herb Chopped Salad with best by date of March 11, manufactured by Dole for H-E-B. The products were sold at H-E-B stores across Texas.

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Will Akero's (AKRO) NASH Data Delight Investors?

Akero Therapeutics Inc. (AKRO), which completed its IPO last June, has since gained more than 30 percent and trades around $24.

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Can-Fite (CANF) To Report NASH Study Data In March

Can-Fite BioPharma Ltd. (CANF), which awaits a major catalyst this month, has lost 49 percent of its share price value so far this year.

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Biopharma Company Imara Inc To Make U.S. Trading Debut On March 12

Boston, Massachusetts-based Imara Inc. is slated to debut on the Nasdaq Global Select Market, under the symbol 'IMRA', on March 12, 2020.

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Stock Alert: TEGNA Shares Up 28% On Reported Gray Television Offer

Shares of TEGNA Inc. (TGNA) are rising above 28% in pre-market today, after Reuters reported that U.S. regional TV station operator Gray Television Inc. has made an offer to acquire Tegna Inc. for about $8.5 billion, including debt, citing people familiar with the matter.

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Futures Pointing To Another Sell-Off On Wall Street

The major U.S. index futures are currently pointing to a sharply lower opening on Friday, with stocks likely to extend the sell-off seen in the previous session.

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Stock Alert: ENZ Up In Pre-Market On Launch Of COVID-19 Testing Services

Shares of Enzo Biochem Inc. (ENZ) continue to spike in pre-market today, after the company announced that its wholly owned subsidiary, Enzo Clinical Labs Inc., would begin accepting specimens for novel Coronavirus (COVID-19) testing next week.

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Stock Alert: Neuronetics Shares Climb On FDA Breakthrough Device Designation

Shares of Neuronetics Inc. (STIM) are soaring in pre-market today, after the medical technology company announced that the FDA has recently granted Breakthrough Device Designation for the company's NeuroStar Advanced Therapy System for the treatment of bipolar depression.

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Stock Alert: Digirad Shares Spike On Q4 Results

Shares of Digirad Corp. (DRAD) are rising sharply in pre-market today, after the healthcare solutions provider reported Q4 results. The stock has been trading between $2.27 and $11.40 in the past one year, and closed Thursday's trade at $3.19, down $0.02 or 0.62%. DRAD is currently trading at $5.82, up $2.63 or 82.45% in pre-market.

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Stock Alert: OPKO Health Shares Soar 32% In Pre-Market

Presently, shares of OPKO Health Inc. (OPK) are continuing its uptrend in pre-market today, and is currently trading at $2.72, up 66 cents or 32.04%. The stock has been trading between $1.33 and $2.73 in the past one year, and closed Thursday's trade at $2.06, up 40 cents or 24.10%.

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Stock Alert: Allied Healthcare Shares Continue To Rise In Pre-Market

Shares of Allied Healthcare Products Inc. (AHPI) are up 8% in pre-market today, extending the 14% rally in the previous session. The stock has been trading between $0.92 and $45.00 in the past one year, and closed Thursday's trade at $18.50, up $2.36 or 14.62%. Trading volume rose to 3.15 million versus an average volume of 979K shares.

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Stock Alert: Okta Inc. Shares Rise In Pre-Market

Shares of Okta Inc. (OKTA) were higher after hours on Thursday, after the identity-management software company reported better-than-expected Q4 results.

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Will 2020 Be An Exciting And Transformative Year For Syndax Pharma (SNDX)?

Syndax Pharmaceuticals Inc. (SNDX), a clinical-stage biopharmaceutical company developing cancer therapies, has a number of data readouts lined up for this year. The Company's stock has gained nearly 28 percent in just 5 trading days.

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Stock Alert: Quest Diagnostics Shares Rise 4% In Pre-Market

Shares of Quest Diagnostics Inc. (DGX) touched a 52-week high of $118.58 on March 5, after the company announced that it would launch a coronavirus (COVID-19) test service. The stock is continuing its uptrend in pre-market today, and is currently trading at $120.80, up $5.12 or 4.43%.

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Vita Food Recalls Mislabeled Vita Wild Herring Wine Sauce

Chicago, Illinois -based Vita Food Products, Inc. has recalled Vita Wild Herring in Wine Sauce for potential mislabeling, the U.S. Food and Drug Administration said in a statement. The products contain sour cream and, therefore, may contain undeclared milk, a known allergen. The recall involves up to 8,376 individual plastic jars of 32 ounce Vita Wild Herring in Wine Sauce.

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COVID-19 Update As Of March 5

Here are the latest updates of the COVID-19 outbreak as of March 5, 2020.

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Stock Alert: Cantel Medical Tumbles 18%

Shares of Cantel Medical Corp (CMD), a provider of infection prevention and control products, are losing more than 18 percent in the morning trade on Thursday at $51.79, near to its 52-week low. The company's financial results for the second quarter missed analysts' expectations and it also forecast fiscal 2020 earnings below estimates.

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Stock Alert: Splunk Down 5% As Outlook Lower Than Estimates

Shares of Splunk Inc. (SPLK) are currently losing 5% on Thursday morning after the company issued a revenue outlook for the first quarter and full year 2021 that is lower than Wall Street estimates.

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Stock Alert: Guidewire Software Down 13% After Trimming Outlook

Shares of Guidewire Software Inc. (GWRE) are currently down more than 13% on Thursday morning after the company cut its full-year outlook.

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Stock Alert: Cohen & Co. Shares Skyrocket In Pre-Market Hours

Shares of Cohen & Co. Inc. (COHN) more than doubled in pre-market today, after the financial services firm reported Q4 results. The stock has been trading between $2.79 - $8.93 in the past one year, and closed Wednesday's trade at $4.02, down $0.04 or 0.99%.

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Lingering Coronavirus Worries May Lead To Sharp Pullback On Wall Street

The major U.S. index futures are pointing to a sharply lower opening on Thursday, with stocks likely to extend recent volatility with a sharp pullback following the substantial rally seen in the previous session.

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Stock Alert: BioCryst Shares Climb In Pre-Market After Reporting Q4

Shares of BioCryst Pharmaceuticals Inc. (BCRX) are rising above 8% in pre-market today, after the company reported Q4 results. The stock has been trading between $1.38 and $9.26 in the past one year, and closed Wednesday's trading session at $3.51, up 37 cents or 11.78%.

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Kroger Confirms FY20 Adj. EPS Outlook - Quick Facts

While reporting financial results for the fourth quarter on Thursday, Kroger Co. (KR) confirmed adjusted earnings and identical sales growth guidance for the full-year 2020. For the fourth quarter, the company reported that identical sales without fuel grew 2.0 percent and digital sales grew 22 percent.

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Stock Alert: Co-Diagnostics Shares Soar 26% In Pre-Market

Shares of Co-Diagnostics Inc. (CODX) are surging more than 26% in pre-market today, after the company reported additional demand for Coronavirus test shipments.

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Stock Alert: Ciena Shares Rise 6% In Pre-Market On Upbeat Q1

Shares of Ciena Corp. (CIEN) are rising above 6% in pre-market today, after the company reported upbeat Q1 results. The stock has been trading between $32.76 and $46.78 in the past one year, and closed Wednesday's trading session at $41.62, up $1.60 or 4.00%.

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Donaldson Slashes FY20 Outlook - Quick Facts

While reporting financial results for the second quarter on Thursday, Donaldson Co. Inc. (DCI) lowered its earnings and sales growth guidance for the full-year 2020, based on softer-than-expected market conditions, primarily in the Engine Aftermarket and IFS businesses.

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Stock Alert: Marvell Technology Shares Trading Up 6% In Pre-Market

Shares of Marvell Technology Group Ltd. (MRVL) are up more than 6% in pre-market today, following the chipmaker's upbeat Q4 results. MRVL is currently trading at $24.10, up $1.51 or 6.68% in the pre-market session.

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BJ's Wholesale Guides FY20 EPS In Line With Estimates - Quick Facts

While reporting financial results for the fourth quarter on Thursday, BJ's Wholesale Club Holdings Inc. (BJ) initiated its earnings and net sales guidance for the full-year 2020. For the fourth quarter, comparable club sales excluding gasoline sales increased 0.3 percent.

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Tech Data Q4 Results Top Estimates; Does Not Provide Outlook - Quick Facts

Tech Data Corp. (TECD) on Thursday reported net income for the fourth quarter of net income of $149.08 million or $4.15 per share, higher than $116.80 million or $3.11 per share in the year-ago quarter.

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Merck KGaA Q4 Net Profit Down, EBIT Rises; Sees Growth In FY20; Stock Up

Shares of Merck KGaA were gaining around 4 percent in the morning trading in Germany after the science and technology company on Thursday said that it sees organic growth in fiscal 2020 after reporting higher operating result and sales in its fourth quarter. Net profit for the quarter, meanwhile, plunged from last year. The company also lifted its dividend.

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Premier Oil FY19 Pre-tax Profit From Cont. Ops. Declines - Quick Facts

Premier Oil plc (PMO.L) reported Thursday that its pretax profit from continuing operations for the year ended 31 December 2019 declined to $102.5 million from $158.2 million in the prior year.

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Melrose Industries Posts Pre-tax Profit In FY19 - Quick Facts

Melrose Industries plc (MRO.L) on Thursday reported that its profit before tax for the year ended 31 December 2019 was 106 million pounds, compared to loss before tax of 542 million pounds in the prior year. Earnings per share were 0.9 pence, compared to loss per share of 11.8 pence a year ago.

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ITV FY19 Pre-tax Profit Declines, Revenue Rises - Quick Facts

ITV Plc (ITV.L) said Thursday that its statutory profit before tax for the year ended 31 December 2019 declined to 530 million pounds from 567 million pounds last year.

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Schroders FY Pre-tax Profit Down 4% - Quick Facts

Asset management company Schroders plc (SDRC.L, SDR.L) reported Thursday that its profit before tax for the year ended 31 December 2019 declined 4 percent to 624.6 million pounds from 649.9 million pounds last year.

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Admiral Group FY Pre-tax Profit Up 10%; CEO David Stevens To Retire

Car insurance provider Admiral Group Plc (ADM.L) reported Thursday that Group statutory profit before tax for the year ended 31 December 2019 rose 10 percent to 522.6 million pounds from 476.2 million pounds last year.

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Vonovia FY19 Group FFO Rises; Sees Favorable Outlook For FY20 - Quick Facts

Vonovia SE (DAIMF) reported Thursday that its Group FFO or operating earnings for fiscal year 2019 increased by about 8 percent to 1.22 billion euros from 1.13 billion euros last year. Group FFO per share rose to 2.25 euros from 2.18 euros a year ago.

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Lipocine: It's All About Tlando, NASH & Patent Trial

Lipocine Inc.'s (LPCN) TLANDO, an oral testosterone product candidate, is back at the FDA altar again, with a decision date now set for August 28, 2020.

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Stock To Watch: Here's Why You Need To Keep An Eye On Kala Pharma (KALA)

Shares of Kala Pharmaceuticals Inc. (KALA) have gained over 10 percent in the last 5 trading days as the Company gears up to report results from STRIDE 3 - a phase III clinical trial for EYSUVIS, its product candidate for the short-term treatment of dry eye disease, this month.

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Stock Alert: Centene Jumps Almost 13%

Shares of Centene Corp. (CNC) are rising almost 13 percent in the morning trade on Wednesday at $61.00. The stock has traded in a range of $41.62 to $68.64 in the past 52 weeks.

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Biden's Big Night May Generate Early Buying Interest On Wall Street

The major U.S. index futures are pointing to a sharply higher open on Wednesday, with stocks likely to move back to the upside following the substantial pullback seen in the previous session.

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John Wiley & Sons Boosts FY20 Adj. EPS Outlook - Quick Facts

While reporting financial results for the third quarter on Wednesday, research and education company John Wiley & Sons, Inc. (JW-A, JW-B) raised its adjusted earnings guidance for the full-year 2020, while reaffirming annual revenue outlook.

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Brown-Forman Trims FY20 Outlook - Quick Facts

While reporting financial results for the third quarter on Wednesday, Brown-Forman Corp. (BFA, BFB) trimmed its earnings and underlying net sales growth outlook for the full-year 2020, reflecting tempered expectations in some of its international markets reflecting both short-term disruptions and an increasingly uncertain global economic and geopolitical environment. This outlook also includes an estimated impact of COVID-19 (coronavirus).

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Campbell Soup Boosts FY20 Adj. EPS Outlook - Quick Facts

While reporting financial results for the second quarter on Wednesday, Campbell Soup Co. (CPB) raised its adjusted earnings guidance for the full-year 2020, but maintained net sales and organic sales growth guidance.

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Whole Foods Market Recalls Green Chicken Tamales For Undeclared Milk

Whole Foods Market, the supermarket chain owned by e-commerce giant Amazon, is recalling select Green Chile Chicken Tamales across multiple states due to undeclared milk, a known allergen, the U.S. Food and Drug Administration said in a statement. The company has not received any reports of allergic reactions related to these products.

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Photronics Guides Q2 EPS, Revenues Above Estimates - Quick Facts

While reporting financial results for the first quarter on Wednesday, semiconductor photomask maker Photronics, Inc. (PLAB) provided earnings and revenue guidance for the second quarter of fiscal 2020, in line with analysts' estimates.

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INO On Track, MITO All Powered Up, TGTX Braces For Busy Year, COVID-19 Update

Today's Daily Dose brings you news about an update on Inovio's COVID-19 DNA Vaccine trials, Ocular Therapeutix's preliminary fourth-quarter revenue, Stealth BioTherapeutics' receipt of Rare Pediatric Disease designation for Elamipretide and near-term catalysts of TG Therapeutics.

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Sirius Minerals takeover at risk after investor rebellion

Some say they would rather let company collapse than accept £405m Anglo American offer

The future of a £4bn mine under the North York Moors is hanging in the balance after an investor rebellion that threatens to derail the £405m takeover of Sirius Minerals, the company developing it.

During a fractious shareholder meeting, at which security guards were drafted in to monitor “credible threats” against directors, investors branded members of the board “stupid” and called the takeover a “bloody disgrace”.

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British Steel takeover: Jingye promises 'new chapter' for industry

Chinese firm says it is happy to go ahead with sale despite delay in decision on Hayange

The Chinese firm buying British Steel promised “a new chapter in British steelmaking” as it edged towards the rescue of a company that has been funded by the government since it plunged into insolvency ten months ago.

Jingye, run by a former Communist party official, expects to complete the takeover next week, despite lingering uncertainty over whether France will permit the sale of one of British Steel’s most profitable assets, the Hayange plant in north-east France.

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Stock Alert: GenMark Diagnostics (GNMK) Makes A Mark

Shares of GenMark Diagnostics Inc. (GNMK) are rallying in Tuesday's trading on the back of solid financial results for the fourth quarter and year ended December 31, 2019.

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Stock Alert: GenMark Diagnostics Spikes 30%

Shares of GenMark Diagnostics Inc. (GNMK) are currently trading up 30% on Tuesday morning trade. The molecular diagnostics solutions provider reported fourth-quarter loss that narrowed from last year, while revenues surged 40%.

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Stock Alert: International Game Technology Rises More Than 8%

Shares of International Game Technology PLC (IGT) are rising more than 8 percent in the morning trade on Tuesday at $10.82, after the gaming company's fourth-quarter results beat analysts' estimates.

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Optimism About Further Stimulus May Generate Buying Interest

The major U.S. index futures are currently pointing to a higher open on Tuesday, with stocks likely to extend the substantial rebound seen in the previous session.

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Inovio Pharma To Deliver 1 Mln Doses Of COVID-19 Vaccine By Year End

Inovio Pharmaceuticals, Inc. (INO) announced Tuesday an accelerated timeline for developing its DNA vaccine INO-4800 to address COVID-19, the respiratory infection the World Health Organization (WHO) has designated a Public Health Emergency of International Concern of the highest level.

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Target Stock Down On Q4 Sales Miss; Kohl's Shares Surge As Profit Tops Estimates

Target Corp. (TGT) reported a 10.6 percent rise in fourth-quarter adjusted earnings per share, year-on-year. Operating income increased 7.3 percent from prior year. Comparable sales were up 1.5 percent, reflecting comparable digital sales growth of 20 percent. Shares of Target Corp. were down modestly in pre-market trade on Tuesday as sales came in below analysts' projection.

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Myers Industries Guides FY20 Ad. EPS In Line With Estimates- Quick Facts

While reporting financial results for the fourth quarter on Tuesday, polymer products maker Myers Industries, Inc. (MYE) initiated its earnings, adjusted earnings and revenue growth guidance for the full year 2020.

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International Game Technology Issues FY20 Outlook - Quick Facts

While reporting its fourth-quarter financial results on Tuesday, International Game Technology PLC (IGT) forecast fiscal 2020 operating income of $740 million to $790 million, and capital expenditures of $400 million to $450 million.

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Sea Limited Issues FY20 Outlook - Quick Facts

While reporting its financial results for the fourth quarter on Tuesday, Sea Limited (SE) provided its financial outlook for fiscal 2020.

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Huntsworth FY19 Pretax Profit Rises; To Be Acquired By CD&R Artemis UK Bidco

Huntsworth plc (HNT.L), a healthcare and communications group, reported Tuesday that its profit before tax for the year ended 31 December 2019 increased to 29.8 million pounds from 28.6 million pounds last year. However, earnings per share declined to 5.4 pence from 6.1 pence in the prior year.

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John Laing Group FY19 Pretax Profit Falls - Quick Facts

John Laing Group plc (JLG.L), an originator, active investor and manager of infrastructure projects, reported Tuesday that its profit before tax for the year ended 31 December 2019 was 100 million pounds, down sharply from 296 million pounds last year.

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Fresnillo FY19 Pretax Profit Down 63.1% - Quick Facts

Fresnillo plc (FRES.L) on Tuesday reported fiscal 2019 pretax profit of $178.8 million, down 63.1 percent from $483.9 million in the prior year.

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Rotork Plc FY19 Pretax Profit Up 2.7%; Revenue Declines - Quick Facts

Rotork Plc (ROR.L) on Tuesday reported full year 2019 profit before tax of 124.1 million pounds, up 2.7 percent from 120.7 million pounds in the prior year. Earnings per share rose 2.9 percent to 10.8 pence from 10.5 pence last year. Profit before tax increased 1.4 percent on an organic constant currency basis.

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Aggreko Plc FY19 Pretax Profit Rises; Sees FY20 Results In Line With View

Aggreko plc (AGK.L) on Tuesday reported full year 2019 profit before tax of 199 million pounds, up 9 percent from 182 million pounds last year. Earnings per share grew 3 percent to 50.7 pence from 49.2 pence in the prior year.

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RCEL On The Move, FTSV Acquired, NCNA On Watch, FDA Nod For SNY, COVID-19 Update

Today's Daily Dose brings you news about an update on AVITA's RECELL System, Gilead's acquisition of Forty Seven, Karyopharm's multiple myeloma's trial results, and FDA approval of Sanofi's Sarclisa.

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Sale of British Steel to Chinese firm to be finalised next week

Jingye sends contract offers to 3,200 staff, with 400 told they would be made redundant

The sale of British Steel to Jingye is to be finalised next week, after the Chinese industrial firm sent contract offers to 3,200 staff and told 400 they were no longer needed.

Nearly 10 months after British Steel collapsed into insolvency, a rescue deal is on the verge of completion. Staff who are to be made redundant have been told this will take effect when the transaction completes on Monday.

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Stock Alert: Daxor (DXR) Breathes Easy

Shares of Daxor Corp (DXR) are up over 70% in Tuesday's trading after the Company announced an active engagement with both hospitals and government agencies in the military and civilian sectors regarding the use of its BVA-100 blood volume analyzer to stem COVID-19 deaths.

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Stock Alert: Tenneco Loses 14% After Updating Q4 Results

Shares of Tenneco Inc. (TEN) are losing more than 14 percent in the morning trade on Monday at $7.88, after the company said it is updating certain fourth-quarter and full year 2019 results. The stock has traded in a range of $7.62 to $35.11 in the past 52 weeks.

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Futures Pointing To Continued Weakness On Wall Street

The major U.S. index futures are currently pointing to a lower opening on Monday, with stocks likely to see further downside after experiencing their worst week since the 2008 financial crisis.

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Northwest Natural Guides FY20 EPS Below Estimates; Boosts Dividend - Quick Facts

Northwest Natural Holding Co. (NWN) on Monday initiated earnings from continuing operations guidance for the full-year 2020.

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Purina Animal Feed Recalled For Elevated Calcium Levels

Purina Animal Nutrition is recalling select animal feed in Purina, Country Acres, DuMOR brands over concerns of elevated calcium levels, the U.S. Food and Drug Administration said in a statement. The recall involves multiple lots of Purina Rabbit and Turkey Feed, Country Acres Rabbit Feed, as well as DuMOR Chick Starter/Grower Feed.

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Biotech Stocks Facing FDA Decision In March 2020

A medical hot topic that been making headlines this year is the coronavirus outbreak. As per the latest World Health Organization report, 53 countries have been impacted by the new coronavirus COVID-19, with 85,403 confirmed cases globally - a vast majority of them being in China. The number of deaths due to the coronavirus is 2,838 in China and 86 outside of China.

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