Breaking News Instant updates and real-time market news.

NEPT

Neptune Wellness

$2.64 /

+0.06 (+2.33%)

, IFF

IFF

$123.62 /

-0.49 (-0.39%)

06:42
01/10/20
01/10
06:42
01/10/20
06:42

Neptune Wellness provides corporate update

Neptune Wellness (NEPT) provided the following corporate updates. Several efforts have been deployed internally to accelerate the company's growth in the B2C markets. The official launch of the Forest Remedies brand is expected to occur in February, supported by a public relations campaign and a marketing campaign under a partnership with American Media. The launch will consist of hemp-derived wellness products including ingestibles, such as soft gels and oils, topicals and a pet soother. The Forest Remedies brand launch will also include aromatherapy products developed in collaboration with International Flavors & Fragrances (IFF). Neptune will first launch Forest Remedies online and expects the brand to be available at U.S. retailers shortly thereafter. A media event will be held this spring at IFF's headquarters to celebrate the brand's debut. Neptune is also rebranding OCEANO to Ocean Remedies, under which the company's omega-3 products will be commercialized. Other product launches under the Ocean Remedies brand are expected this year. At its Sherbrooke facility, the expansion of Neptune's packaging and warehousing capabilities is tracking as planned. Neptune expects to request an amendment to include these packaging and warehousing areas under the company's license granted by Health Canada, in the near future. Licensing these additional areas is expected to increase Neptune's capabilities to provide solutions to its customers such as formulation, purification, blending, manufacturing and packaging services. Neptune will also seek to add significant warehouse space, which can be kept at sub-zero temperatures and which should improve logistics to store cannabis biomass and finished products. Neptune is also in the process of applying to receive permission to sell cannabis products from Health Canada. Upon the addition of the authorization to sell cannabis to the conditions of its license, the company will be able to sell finished products directly to licensed cannabis distributors and retailers, enabling Neptune to position itself closer to the end customer. Neptune initially expects to launch cannabis products in Canada under its Forest Remedies, Ocean Remedies and Neptune brands. The company will utilize some of its future capacity which has recently become available, due in part to delays in the ramp-up of the Canadian cannabis market, to produce its own finished products. In light of the new cannabis product forms recently allowed in Canada, Neptune is progressing to broaden its product offering into solutions for Canadian License Holders, or LHs. The company recently produced and shipped cannabinoid-infused powder sachets to a LH customer. In addition, Neptune, in combination with this LH customer, has completed development of cannabinoid-infused teas and commercial production is expected to start soon. These finished products are manufactured at its Sherbrooke facility and several other product forms, including but not limited to, sprays, vape pens, capsules and tinctures are expected to be produced this year. In recent weeks, following the optimization of extraction parameters on Neptune's Phase I CO2 extraction equipment, extraction yields at Neptune's Sherbrooke facility have increased by more than 10 percentage points to reach levels above 95% and allowed the team to increase process throughput. Phase II equipment for ethanol extraction represents an improvement over CO2 extraction and allows the company to winterize oils through an inline process, eliminating an additional manufacturing step. Management decided to upgrade the coolant system utilized in the Phase II extraction process to be consistent with the company's standards regarding organic processes. This decision has led to a small delay in reaching Phase II's full extraction capacity. The capacity expansion at Neptune's North Carolina SugarLeaf facility is nearing completion, as expected and on budget. With a second centrifuge installed, Neptune will be able to run multiple batches concurrently, providing flexibility and reducing downtime. Management is putting the final touches to get the facility ready for a good manufacturing practice, or GMP, pre-inspection audit which should occur in the coming weeks.

NEPT

Neptune Wellness

$2.64 /

+0.06 (+2.33%)

IFF

IFF

$123.62 /

-0.49 (-0.39%)

  • 17

    Feb

NEPT Neptune Wellness
$2.64 /

+0.06 (+2.33%)

04/09/19
Neptune Wellness initiated with a Buy at GMP Securities
IFF IFF
$123.62 /

-0.49 (-0.39%)

12/16/19 SBSH
IFF downgraded to Neutral from Buy at Citi
12/17/19 SBSH
Citi downgrades 'show me' IFF to Neutral after 'full price' deal
12/17/19 JEFF
DuPont price target lowered to $79 from $85 at Jefferies
12/17/19 JPMS
IFF shares can rally 50% over three years, says JPMorgan

TODAY'S FREE FLY STORIES

Periodicals
Boeing plane operated by Ariana Afghan crashes in Ghazni province, Reuters says » 05:37
01/27/20
01/27
05:37
01/27/20
05:37
BA

Boeing

$323.04 /

+5.25 (+1.65%)

Arif Noori, a spokesman…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Upgrade
Just Eat upgraded to Overweight from Equal Weight at Barclays » 05:36
01/27/20
01/27
05:36
01/27/20
05:36
JSTTY

Just Eat

$0.00 /

+ (+0.00%)

Barclays analyst Andrew…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Downgrade
Eagle Bulk Shipping downgraded to Hold from Buy at Fearnley » 05:35
01/27/20
01/27
05:35
01/27/20
05:35
EGLE

Eagle Bulk Shipping

$4.05 /

-0.005 (-0.12%)

Fearnley analyst Espen…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Downgrade
Genco Shipping downgraded to Hold from Buy at Fearnley » 05:34
01/27/20
01/27
05:34
01/27/20
05:34
GNK

Genco Shipping

$8.74 /

-0.27 (-3.00%)

Fearnley analyst Espen…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
Downgrade
Navios Maritime Partners downgraded to Hold from Buy at Fearnley » 05:34
01/27/20
01/27
05:34
01/27/20
05:34
NMM

Navios Maritime Partners

$14.64 /

-0.77 (-5.00%)

Fearnley analyst Espen…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Downgrade
Golden Ocean downgraded to Hold from Buy at Fearnley » 05:33
01/27/20
01/27
05:33
01/27/20
05:33
GOGL

Golden Ocean

$4.63 /

-0.045 (-0.96%)

Fearnley analyst Espen…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Downgrade
Scorpio Bulkers downgraded to Hold from Buy at Fearnley » 05:33
01/27/20
01/27
05:33
01/27/20
05:33
SALT

Scorpio Bulkers

$4.52 /

-0.19 (-4.03%)

Fearnley analyst Espen…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Downgrade
Star Bulk Carriers downgraded to Hold from Buy at Fearnley » 05:32
01/27/20
01/27
05:32
01/27/20
05:32
SBLK

Star Bulk Carriers

$9.24 /

-0.18 (-1.91%)

Fearnley analyst Espen…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Upgrade
Biogen upgraded to Buy from Hold at Canaccord » 05:31
01/27/20
01/27
05:31
01/27/20
05:31
BIIB

Biogen

$278.14 /

-6.11 (-2.15%)

Canaccord Genuity analyst…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Downgrade
Estee Lauder downgraded to Perform from Outperform at Oppenheimer » 05:30
01/27/20
01/27
05:30
01/27/20
05:30
EL

Estee Lauder

$205.32 /

-3.47 (-1.66%)

Oppenheimer analyst…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Upgrade
Munich Re upgraded to Neutral from Sell at UBS » 05:28
01/27/20
01/27
05:28
01/27/20
05:28
MURGY

Munich Re

$0.00 /

+ (+0.00%)

UBS upgraded Munich Re to…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Downgrade
Renault downgraded to Sell from Neutral at Redburn » 05:27
01/27/20
01/27
05:27
01/27/20
05:27
RNLSY

Renault

$0.00 /

+ (+0.00%)

Redburn analyst Charles…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Downgrade
HeidelbergCement downgraded to Neutral from Buy at Redburn » 05:27
01/27/20
01/27
05:27
01/27/20
05:27
HDELY

HeidelbergCement

$0.00 /

+ (+0.00%)

Redburn analyst John…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Downgrade
LafargeHolcim downgraded to Sell from Neutral at Redburn » 05:27
01/27/20
01/27
05:27
01/27/20
05:27
HCMLY

LafargeHolcim

$0.00 /

+ (+0.00%)

Redburn analyst John…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Upgrade
Centrica upgraded to Buy from Reduce at Kepler Cheuvreux » 05:26
01/27/20
01/27
05:26
01/27/20
05:26
CPYYY

Centrica

$0.00 /

+ (+0.00%)

Kepler Cheuvreux analyst…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Upgrade
Verbund upgraded to Buy from Reduce at Kepler Cheuvreux » 05:25
01/27/20
01/27
05:25
01/27/20
05:25
OEZVY

Verbund

$0.00 /

+ (+0.00%)

Kepler Cheuvreux analyst…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Upgrade
RWE AG upgraded to Hold from Reduce at Kepler Cheuvreux » 05:25
01/27/20
01/27
05:25
01/27/20
05:25
RWEOY

RWE AG

$0.00 /

+ (+0.00%)

Kepler Cheuvreux analyst…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Upgrade
Orsted A/S upgraded to Hold from Reduce at Kepler Cheuvreux » 05:25
01/27/20
01/27
05:25
01/27/20
05:25
DNNGY

Orsted A/S

$0.00 /

+ (+0.00%)

Kepler Cheuvreux analyst…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Upgrade
Prada upgraded to Hold from Reduce at Kepler Cheuvreux » 05:24
01/27/20
01/27
05:24
01/27/20
05:24
PRDSY

Prada

$0.00 /

+ (+0.00%)

Kepler Cheuvreux analyst…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Upgrade
E.ON upgraded to Buy from Hold at Kepler Cheuvreux » 05:23
01/27/20
01/27
05:23
01/27/20
05:23
EONGY

E.ON

$0.00 /

+ (+0.00%)

Kepler Cheuvreux analyst…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Upgrade
Ericsson upgraded to Buy from Hold at Kepler Cheuvreux » 05:23
01/27/20
01/27
05:23
01/27/20
05:23
ERIC

Ericsson

$8.32 /

-0.66 (-7.35%)

Kepler Cheuvreux analyst…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Upgrade
Ericsson upgraded to Buy from Hold at Danske Bank » 05:22
01/27/20
01/27
05:22
01/27/20
05:22
ERIC

Ericsson

$8.32 /

-0.66 (-7.35%)

Danske Bank analyst…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Initiation
Elbit Systems initiated with a Buy at Jefferies » 05:21
01/27/20
01/27
05:21
01/27/20
05:21
ESLT

Elbit Systems

$153.84 /

-0.11 (-0.07%)

Jefferies analyst Sheila…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Downgrade
XPO Logistics downgraded to Equal Weight from Overweight at Barclays » 05:19
01/27/20
01/27
05:19
01/27/20
05:19
XPO

XPO Logistics

$91.85 /

-1.4 (-1.50%)

Barclays analyst Brandon…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return in 9 minutes

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Downgrade
Intuitive Surgical downgraded to Hold from Buy at Deutsche Bank » 05:18
01/27/20
01/27
05:18
01/27/20
05:18
ISRG

Intuitive Surgical

$589.01 /

-25.63 (-4.17%)

Deutsche Bank analyst…

Story temporarily locked.
To read stories as they happen please subscribe, Login above, or return tomorrow

Get Free Trial

ShowHide Related Items >><<
03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.