2020-06-09 16:06:43 SALT Scorpio Bulkers
06/09/20 06/0916:06 06/09/2016:06 | Scorpio Bulkers files to sell $60M in stock, Scorpio services to buy $15MAs part of the Offering, Scorpio Services Holding Limited, a related party to the Company, has expressed an interest to purchase Common Shares at the public offering price with a value of at least $15M. BofA Securities, BTIG and Clarksons Platou Securities are acting as Joint Bookrunning Managers in the Offering. Pareto Securities and Arctic Securities are acting as Co-Managers in the Offering. | |
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Paycom upgraded to Buy from Hold at Jefferies »
21:28 03/04/21 03/0421:28 03/04/2121:28
PAYC
Paycom
Jefferies analyst Samad… Jefferies analyst Samad Samana upgraded Paycom Software to Buy from Hold with a $470 price target. The analyst cites valuation for the upgrade following the recent selloff. The stock is off 25% from all-time highs and 23% year-to-date, with the valuation now below the pre-pandemic peak, Samana tells investors in a research note. Fundamentally, Paycom is well positioned to return to greater than 20% growth in 2021 and sustain acceleration into 2022 on "strong" new bookings, says Samana. Further, employment tailwinds "would be an extra boost," says the analyst. ShowHide Related Items >><<
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NextCure price target lowered to $26 from $32 at Piper Sandler »
20:39 03/04/21 03/0420:39 03/04/2120:39
NXTC
NextCure
Piper Sandler analyst… Piper Sandler analyst Edward Tenthoff lowered the firm's price target on NextCure to $26 from $32 and keeps an Overweight rating on the shares after its FY20 results. The analyst notes that his updated price target reflect the company's pipeline value realignment and a reduction in projected enterprise value of $527M, down from $663M, though its NC318 S15+ and NC410 data readouts remain on track for Q4 of this year. ShowHide Related Items >><<
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NextCure reports FY20 EPS ($1.33), consensus ($1.34) »
20:35 03/04/21 03/0420:35 03/04/2120:35
NXTC
NextCure
Cash, cash equivalents,… Cash, cash equivalents, and marketable securities, excluding restricted cash as of December 31, 2020, were $283.4 million as compared with $334.6 million as of December 31, 2019. The company states: "Based on its current research and development plans, NextCure expects its existing cash, cash equivalents and marketable securities will enable it to fund operating expenses and capital expenditure requirements into the second half of 2023." ShowHide Related Items >><<
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Nurix Therapeutics 4.5M share Secondary priced at $31.00 »
20:03 03/04/21 03/0420:03 03/04/2120:03
NRIX
Nurix Therapeutics
The deal size was… The deal size was increased to 4.5M shares from 4.0M and priced below the last closing price of $32.49. JPMorgan, Piper Sandler and Stifel are acting as joint book running managers for the offering. ShowHide Related Items >><<
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ShotSpotter CFO buys 7.5K shares of common stock »
19:52 03/04/21 03/0419:52 03/04/2119:52
SSTI
ShotSpotter
In a regulatory filing,… In a regulatory filing, ShotSpotter disclosed that its CFO Alan Stewart bought 7.5K shares of common stock on March 3rd in a total transaction size of $285K. ShowHide Related Items >><<
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Sun Communities 7M share Secondary priced at $140.00 »
19:11 03/04/21 03/0419:11 03/04/2119:11
SUI
Sun Communities
The deal priced below the… The deal priced below the last closing price of $141.80. Citi, BofA, BMO Capital, JPMorgan and RBC Capital are acting as joint book running managers for the offering. ShowHide Related Items >><<
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Fly Intel: After-Hours Movers »
19:09 03/04/21 03/0419:09 03/04/2119:09
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Check out this evening's… ShowHide Related Items >><<
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Michaels upgraded to Equal Weight from Underweight at Morgan Stanley »
19:04 03/04/21 03/0419:04 03/04/2119:04
MIK
Michaels
Morgan Stanley analyst… Morgan Stanley analyst Simeon Gutman upgraded Michaels to Equal Weight from Underweight with a $22 price target. ShowHide Related Items >><<
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Five Prime downgraded to Hold from Buy at Jefferies »
19:03 03/04/21 03/0419:03 03/04/2119:03
FPRX
Five Prime
Jefferies analyst Eun… Jefferies analyst Eun Yang downgraded Five Prime to Hold from Buy with a $38 price target. ShowHide Related Items >><<
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Square director sells 8.2K shares of common stock »
18:42 03/04/21 03/0418:42 03/04/2118:42
SQ
Square
In a regulatory filing,… In a regulatory filing, Square disclosed that its director Mary Meeker sold 8.2K shares of common stock on March 2nd in a total transaction size of $2.07M, reducing her holding by 2%. ShowHide Related Items >><<
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TriMas' Parker sells over 21,000 common shares »
18:41 03/04/21 03/0418:41 03/04/2118:41
TRS
TriMas
In a regulatory filing,… In a regulatory filing, TriMas director Herbert K. Parker disclosed the sale of 21,158 common shares of the company on March 2 at a price of $32.16 per share. ShowHide Related Items >><<
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Micron price target raised to $118 from $102 at Goldman Sachs »
18:39 03/04/21 03/0418:39 03/04/2118:39
MU
Micron
Goldman Sachs analyst… Goldman Sachs analyst Toshiya Hari raised the firm's price target on Micron to $118 from $102 and keeps a Buy rating on the shares. Hari said that, based on his recent industry checks, he believes DRAM supply/demand dynamics have improved since his last earnings update. The analyst said that while feedback on enterprise demand remains muted or mixed, quantitative and anecdotal data points on essentially every other key end-market have continued to be robust or have strengthened. Hari also said that feedback on NAND supply/demand from industry discussions were "universally positive." ShowHide Related Items >><<
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PDC Energy's Crisafio sells 17,000 common shares »
18:33 03/04/21 03/0418:33 03/04/2118:33
PDCE
PDC Energy
In a regulatory filing,… In a regulatory filing, PDC Energy director Anthony J. Crisafio disclosed the sale of 17,000 common shares of the company on March 3 at a price of $36.30 per share. ShowHide Related Items >><<
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SPDR Gold Shares holdings fall from 1,082.38MT to 1,078.30MT »
18:30 03/04/21 03/0418:30 03/04/2118:30
GLD
SPDR Gold Shares
This is the lowest level… This is the lowest level of holdings since May 7th, 2020. ShowHide Related Items >><<
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Wells Fargo to give all employees PTO for vaccine appointments, Reuters says »
18:26 03/04/21 03/0418:26 03/04/2118:26
WFC
Wells Fargo
Wells Fargo intends to… Wells Fargo intends to give all employees up to eight hours of paid time off to accommodate coronavirus vaccine appointments, Reuters' Imani Moise reports, citing a memo. "While we understand that choosing to be vaccinated is a personal decision, we encourage you to consider getting the vaccine when it's available to you," head of human resources David Galloreese told all staff in a memo. Reference Link ShowHide Related Items >><<
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Splunk CEO: We're growing our cloud business like no tomorrow »
18:25 03/04/21 03/0418:25 03/04/2118:25
SPLK
Splunk
In an interview on… In an interview on CNBC's Mad Money, Doug Merritt said, "It's a tale of two businesses for Splunk." The company is growing cloud revenue very quickly he noted. Merritt said Splunk corrected in Q4 and changed a lot of its methodologies. "We're making long term investments for the health of our customers," he added. ShowHide Related Items >><<
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Western Digital upgraded to Buy from Neutral at Goldman Sachs »
18:10 03/04/21 03/0418:10 03/04/2118:10
WDC
Western Digital
Goldman Sachs analyst… Goldman Sachs analyst Toshiya Hari upgraded Western Digital to Buy from Neutral with a price target of $85, up from $56. The analyst is citing his increased assumptions for DRAM and NAND memory pricing after the recent industry checks suggest improved demand environment and "continued" supply-side discipline. Hari adds that he is positive on Western Digital's improved NAND cost execution, and also believes that the company is positioned to regain market share that was lost in 2020. ShowHide Related Items >><<
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Skyworks downgraded to Neutral from Buy at Goldman Sachs »
18:04 03/04/21 03/0418:04 03/04/2118:04
SWKS
Skyworks
Goldman Sachs analyst… Goldman Sachs analyst Toshiya Hari downgraded Skyworks to Neutral from Buy with a $135 price target. Hari downgraded the stock given limited upside potential to his unchanged price target. The analyst added that while he remains constructive on the company's long-term competitive position in the growing radio frequency market, he anticipates that the stock will perform largely in line with his broader semiconductor and semiconductor capital equipment coverage universe through the balance of the year. ShowHide Related Items >><<
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Oportun received Civil Investigative Demand from CFPB over collection practices »
17:44 03/04/21 03/0417:44 03/04/2117:44
OPRT
Oportun Financial
On March 3, Oportun, Inc.… On March 3, Oportun, Inc. a subsidiary of Oportun Financial Corporation, received a Civil Investigative Demand from the Consumer Financial Protection Bureau. The stated purpose of the CID is to determine whether small-dollar lenders or associated persons, in connection with lending and debt-collection practices, have not been in compliance with certain federal consumer protection laws over which the CFPB has jurisdiction, the company disclosed in a regulatory filing. The information requests in the CID focus on Oportun's legal collection practices from 2019 to 2021 and hardship treatments offered during the COVID-19 pandemic. "The Company believes its practices have been in full compliance with CFPB guidance and that it has followed all published authority with respect to its practices, and the Company intends to cooperate with the CFPB. At this time, the Company is unable to predict the outcome of this CFPB investigation, including whether the investigation will result in any action or proceeding against the Company or in any changes to its practices," it said. ShowHide Related Items >><<
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Genentech's Acterma approved by FDA for regulating pulmonary function in SSc-ILD »
17:44 03/04/21 03/0417:44 03/04/2117:44
RHHBY
Roche
The company states:… The company states: "Genentech, a member of the Roche Group,announced that the FDA approved Actemra, or tocilizumab, subcutaneous injection for slowing the rate of decline in pulmonary function in adult patients with systemic sclerosis-associated interstitial lung disease, a debilitating condition with limited treatment options. Actemra is the first biologic therapy approved by the FDA for the treatment of the disease. Systemic sclerosis, also known as scleroderma, is an often devastating autoimmune disease that worsens over time and has no cure. It occurs when the immune system malfunctions causing tissues of the skin and lungs to thicken and harden. SSc impacts up to 75,000 people in the United States. Interstitial lung disease, which may occur in approximately 80% of SSc patients, causes inflammation and scarring of the lungs and can be life-threatening. The FDA approval is based on data from the focuSSced trial, a Phase III randomized, double-blind, placebo-controlled clinical trial of 212 adults with systemic sclerosis. Supportive information was also used from the faSScinate trial, a Phase II/III, randomized, double-blind, placebo-controlled study in patients with SSc. The focuSSced trial did not meet its primary endpoint of change from baseline to week 48 in the modified Rodnan Skin Score, which is a standard outcome measure for skin fibrosis in SSc. There also was not a statistically significant effect on the primary endpoint of mRSS in the faSScinate trial." ShowHide Related Items >><<
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Avery Dennison VP Deena Baker sold almost $450K in company shares »
17:38 03/04/21 03/0417:38 03/04/2117:38
AVY
Avery Dennison
Avery Dennison VP Deena… Avery Dennison VP Deena Baker disclosed in a filing that she had sold 2,500 shares of company stock at $179.46 per share on March 3, for a total transaction amount of $448,653. ShowHide Related Items >><<
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