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ENZ

Enzo Biochem

$2.69

0.115 (4.47%)

13:05
01/16/20
01/16
13:05
01/16/20
13:05

Glass Lewis recommends Enzo Biochem investors vote for Harbert nominees

Harbert Discovery Fund, LP and Harbert Discovery Co-Investment Fund I, LP, the beneficial owners of more than 11.8% of the outstanding shares of Enzo Biochem, nnounced that a leading proxy advisory firm, Glass, Lewis & Co., has recommended that shareholders vote on the BLUE proxy card in support of HDF's two independent nominees, Fabian Blank and Peter Clemens. In its report, Glass Lewis highlighted the need for change at Enzo and the pervasive weakness of the arguments the company has made throughout its campaign: "[W]e are ultimately inclined to conclude Harbert...submits the much stronger fundamental case." Regarding Enzo's lack of strategic and operational progress, Glass Lewis notes that: "We are thus concerned Enzo is more focused on framing the current contest as an existential threat to perpetually unattained value-in-potentia, seemingly in lieu of demonstrating clear cause for continued operational goodwill among investors who have suffered expansive losses during the tenure of the bulk of the existing board." Kenan Lucas, Managing Director and Portfolio Manager of HDF, commented on the report: "We are extremely pleased that Glass Lewis has supported our case for change at Enzo. HDF believes the company's pattern of prioritizing the entrenched status quo over its fiduciary duty to shareholders is no longer acceptable. Our two independent nominees, Fabian Blank and Peter Clemens, will provide the relevant skillsets and expertise required to help realize Enzo's value potential. We look forward to continuing constructive engagement with the Board and management on the path to improvement at Enzo."

  • 31

    Jan

TODAY'S FREE FLY STORIES

HAL

Halliburton

$24.16

0.2 (0.83%)

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Conference/Events
The Board of Governors of the Federal Reserve System to hold a meeting »

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LVS

Las Vegas Sands

$69.33

-4.74 (-6.40%)

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TAL

TAL Education

$48.81

-5.26 (-9.73%)

09:47
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  • 21

    Jan

UGAZ

VelocityShares 3x Long Natural Gas ETN

$50.80

-5.34 (-9.51%)

09:47
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MTL

Mechel

$3.33

0.21 (6.73%)

09:47
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DGAZ

VelocityShares 3x Inv Natural Gas ETN

$252.15

21.12 (9.14%)

09:47
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OMI

Owens & Minor

$6.14

0.62 (11.23%)

09:47
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Owens & Minor rises 10.5% »

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BBD

Banco Bradesco

$8.19

-0.245 (-2.90%)

09:45
01/21/20
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01/21/20
09:45
Downgrade
Banco Bradesco rating change  »

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  • 05

    Feb

SSKN

Strata Skin Sciences

$2.17

(0.00%)

09:42
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Strata Skin Sciences gets 510(k) Premarket Notification for XTRAC laser »

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09:42
01/21/20
01/21
09:42
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09:42
Conference/Events
Senate Impeachment Trial of President Trump »

The Senate Impeachment…

ODP

Office Depot

$2.59

(0.00%)

09:41
01/21/20
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09:41
01/21/20
09:41
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Office Depot, Shipt announce same-day delivery partnership »

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NAK

Northern Dynasty

$0.41

(0.00%)

, HSY

Hershey

$150.93

(0.00%)

09:40
01/21/20
01/21
09:40
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09:40
Options
Unusually active option classes on open January 21st »

Unusual total active…

NAK

Northern Dynasty

$0.41

(0.00%)

HSY

Hershey

$150.93

(0.00%)

BK

BNY Mellon

$46.18

(0.00%)

MDLZ

Mondelez

$55.15

(0.00%)

PAAS

Pan American Silver

$21.33

(0.00%)

FXI

iShares China Large-Cap ETF

$45.09

(0.00%)

HAL

Halliburton

$23.96

(0.00%)

UAL

United Airlines

$89.68

(0.00%)

DAL

Delta Air Lines

$62.01

(0.00%)

WYNN

Wynn Resorts

$151.51

(0.00%)

03/08/13
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  • 21

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    Jan

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    Jan

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    Feb

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    Mar

STT

State Street

$82.51

1.505 (1.86%)

09:39
01/21/20
01/21
09:39
01/21/20
09:39
Recommendations
State Street analyst commentary  »

State Street price target…

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  • 31

    Jan

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    Feb

LTC

LTC Properties

$46.75

-0.085 (-0.18%)

09:38
01/21/20
01/21
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LTC Properties announces three acquisitions for $33M »

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FTXP

Foothills Exploration

$0.00

(0.00%)

09:35
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Foothills Exploration says has no plans to do a reverse-split »

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TDOC

Teladoc

$95.60

-1.22 (-1.26%)

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Teladoc analyst commentary  »

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TCOM

Trip.com Group

$38.95

0.5 (1.30%)

09:34
01/21/20
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Trip.com Group rating change  »

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NVCN

Neovasc

$3.32

0.14 (4.40%)

09:32
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NVCN

Neovasc

$3.32

0.14 (4.40%)

09:31
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Neovasc confirms pre-funded warrants from $10M financing have been exercised »

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09:31
01/21/20
01/21
09:31
01/21/20
09:31
Conference/Events
World Economic Forum hosts annual meeting »

Davos Annual Meeting 2020…

BLNK

Blink Charging

$2.06

-0.085 (-3.97%)

09:30
01/21/20
01/21
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09:30
Hot Stocks
Interenergy purchases $1.2M of Blink Charging EV charging equipment »

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NVAX

Novavax

$5.75

0.965 (20.19%)

, INO

Inovio

$3.30

-0.105 (-3.09%)

09:29
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Hot Stocks
Novavax soars 64% as unknown virus spreads through China »

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NVAX

Novavax

$5.75

0.965 (20.19%)

INO

Inovio

$3.30

-0.105 (-3.09%)

BCRX

BioCryst

$2.79

-0.03 (-1.06%)

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KRNT

Kornit Digital

$40.79

0.2 (0.49%)

09:28
01/21/20
01/21
09:28
01/21/20
09:28
Recommendations
Kornit Digital analyst commentary  »

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KTCC

Key Tronic

$6.77

-0.04 (-0.59%)

09:27
01/21/20
01/21
09:27
01/21/20
09:27
Earnings
KeyTronic sees Q3 EPS 13c-17c »

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