2021-03-02 10:37:41 TPTX Turning Point Therapeutics
03/02/21 03/0210:37 03/02/2110:37 | Turning Point has 'many value-driving catalysts' in 2021, says Roth CapitalRoth Capital analyst Zegbeh Jallah keeps a Buy rating on Turning Point Therapeutics with a $170 price target following the company's Q4 update call. With "steady progress towards getting Repotrectinib across the finish line," Turning Point's 2021 should be "rich with many value-driving catalysts, that could push even higher on the valuation," Jallah tells investors in a research note. The analyst believes the company is well capitalized to execute on its pipeline. |
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General news
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FX Update: The dollar edged out a fresh four-week low »
04:05 04/15/21 04/1504:05 04/15/2104:05
$ECON
Economic Data
FX Update: The dollar… Story temporarily locked. ShowHide Related Items >><< |
General news
| Asian Market Update: The… Asian Market Update: The 10-year Treasury yield has dropped back -0.3 bp to 1.63%, while bond markets across the Asia Pacific region traded mixed, with Australian and Chinese bonds underperforming after a stellar jobs report in Australia and against the background of a slight net drain of funds in the 1-year area from the PBOC. The latter is a drop in the Ocean, but may signal that the central bank is getting more serious on credit risk. Stock markets traded mixed. The Topix rained 0.25%, while the Nikkei is fractionally lower and both pared early gains. Hang Send and CSI 300 are currently down -1.0% and -1.2% respectively, while the ASX lifted 0.5% following strong labour market data. In FX markets USD-JPY is little changed at 108.89. The front end WTI future meanwhile is at USD 63.10 per barrel. ShowHide Related Items >><< |
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Tencent Music names Cussion Kar Shun Pang as Executive Chairman »
21:02 04/14/21 04/1421:02 04/14/2121:02
TME
Tencent Music
Tencent Music announced… Tencent Music announced the appointment of Mr. Cussion Kar Shun Pang as TME's Executive Chairman of the Board of Directors. Mr. Zhu Liang has been appointed as the company's new CEO and a member of the Board. Prior to this appointment, Ross served as Vice President of Tencent Holdings Limited where he was responsible for overseeing a number of major online platforms including QQ. ShowHide Related Items >><<
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Syndicate
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GEE Group prices 83.3M share public offering at 60c per share »
20:48 04/14/21 04/1420:48 04/14/2120:48
JOB
GEE Group
ThinkEquity, a division… ThinkEquity, a division of Fordham Financial Management, Inc., is acting as sole book-running manager for the offering. ShowHide Related Items >><<
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Initiation
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Visteon initiated with a Sector Weight at KeyBanc »
20:47 04/14/21 04/1420:47 04/14/2120:47
VC
Visteon
KeyBanc analyst James… KeyBanc analyst James Picariello initiated coverage of Visteon with a Sector Weight rating. ShowHide Related Items >><<
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Syndicate
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Esports Technologies 2.4M share IPO priced at $6.00 »
20:37 04/14/21 04/1420:37 04/14/2120:37
EBET
Esports Technologies
The deal was upsized to… The deal was upsized to 2.4M shares from 2.0M and priced at high end of $5.00-$6.00 range. Boustead is acting as sole book running manager for the offering. ShowHide Related Items >><<
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Williams-Sonoma CEO sells 25K shares of common stock »
20:35 04/14/21 04/1420:35 04/14/2120:35
WSM
Williams-Sonoma
In a regulatory filing,… In a regulatory filing, Williams-Sonoma disclosed that its CEO Laura Alber sold 25K shares of common stock on April 12th in a total transaction size of $4.43M, reducing her stake by about 6%. ShowHide Related Items >><<
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Cathie Wood's ARK Investment discloses 752.2K shares of Coinbase bought today
20:33 04/14/21 04/1420:33 04/14/2120:33
COIN
Coinbase
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Earnings
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Notable companies reporting before tomorrow's open »
20:25 04/14/21 04/1420:25 04/14/2120:25
UNH
UnitedHealth
Bank of America
PepsiCo
Citi
BlackRock
U.S. Bancorp
Truist Financial
Delta Air Lines
Notable companies… Notable companies reporting before tomorrow's open, with earnings consensus, include UnitedHealth (UNH), consensus $4.37... Bank of America (BAC), consensus 66c... PepsiCo (PEP), consensus $1.12... Citigroup (C), consensus $2.60... BlackRock (BLK), consensus $7.75... U.S. Bancorp (USB), consensus 96c... Truist Financial (TFC), consensus $1.11... Delta Air Lines (DAL), consensus ($2.92). ShowHide Related Items >><<
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Upgrade
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Armada Hoffler upgraded to Buy from Neutral at DA Davidson »
19:41 04/14/21 04/1419:41 04/14/2119:41
AHH
Armada Hoffler
DA Davidson analyst Barry… DA Davidson analyst Barry Oxford upgraded Armada Hoffler to Buy from Neutral with a $16 price target. ShowHide Related Items >><<
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Syndicate
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New Residential 45M share Secondary priced at $10.10 »
19:35 04/14/21 04/1419:35 04/14/2119:35
NRZ
New Residential
The deal priced below the… The deal priced below the last closing price of $10.39. Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, BofA Securities, J.P. Morgan Securities LLC and RBC Capital Markets, LLC are acting as joint book-running managers for the offering. ShowHide Related Items >><<
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Syndicate
| The deal priced at… The deal priced at midpoint of $75.00-$85.00 target range. Morgan Stanley, JPMorgan, KKR, BofA and Citi are acting as joint book running managers for the offering. ShowHide Related Items >><<
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Entegris CEO sells 300K shares of common stock »
19:26 04/14/21 04/1419:26 04/14/2119:26
ENTG
Entegris
In a regulatory filing,… In a regulatory filing, Entegris disclosed that its CEO Bertrand Loy sold 300K shares of common stock on April 12th in a total transaction size of $35.6M, reducing his stake by about 43%. ShowHide Related Items >><<
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SPDR Gold Shares holdings fall from 1,026.07MT to 1,022.86MT »
19:24 04/14/21 04/1419:24 04/14/2119:24
GLD
SPDR Gold Shares
This is the lowest level… This is the lowest level of holdings since April 17, 2020. ShowHide Related Items >><<
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iKena Oncology director buys 423.4K shares of common stock »
19:23 04/14/21 04/1419:23 04/14/2119:23
IKNA
iKena Oncology
In a regulatory filing,… In a regulatory filing, iKena Oncology disclosed that its director David Bonita bought 423.4K shares of common stock on March 30th in a total transaction size of $6.77M. ShowHide Related Items >><<
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Corporacion America Airport reports March passenger traffic down 44% y/y »
19:02 04/14/21 04/1419:02 04/14/2119:02
CAAP
Corporacion America Airport
Corporacion America… Corporacion America Airport reported a 44.0% YoY passenger traffic decline in March 2021, and 71.3% when compared to the same period of 2019. Total passenger traffic in March 2021 dropped 44.0% YoY, reflecting the continued impact of the COVID-19 pandemic on air travel across all countries of operations. Certain travel restrictions and requirements are in place in most countries, while overall demand remains weak. International traffic declined by 65.7% YoY, while domestic traffic dropped 35.2% YoY. When compared to 2019, overall passenger traffic declined 71.3%, while international and domestic passenger traffic dropped 84.1% and 66.2%, respectively. ShowHide Related Items >><<
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Periodicals
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TuSimple IPO to price at $40, above $35-$39 target range, Bloomberg says
19:00 04/14/21 04/1419:00 04/14/2119:00
TSP
TuSimple
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Entergy requests approval of post-shutdwon transfer of Indian Point plant »
18:55 04/14/21 04/1418:55 04/14/2118:55
ETR
Entergy
Entergy and Holtec… Entergy and Holtec International, along with the NY State Department of Public Service Staff, the NY State Office of the Attorney General, the NY State Department of Environmental Conservation, the NY State Energy Research and Development Authority, the Public Utility Law Project of New York, and other parties, filed a Joint Proposal with the NY Public Service Commission, which reflects a comprehensive settlement of the issues raised in the proceeding concerning the proposed post-shutdown transfer of Indian Point to subsidiaries of Holtec for decommissioning. The parties to the Joint Proposal recommend that the PSC adopt the proposal and approve the post-shutdown transfer of Indian Point from Entergy to Holtec. Entergy and Holtec previously filed a petition with the New York PSC concerning the proposed transfer of Indian Point and a license transfer application with the U.S. Nuclear Regulatory Commission in November 2019. The NRC approved the license transfer in November 2020. Holtec plans to begin the decommissioning process at Indian Point upon taking ownership and expects to release most of the site for re-use by the 2030s. Holtec will initially provide job opportunities for over 300 of Entergy's current employees at Indian Point and it also has agreed to honor the collective bargaining agreements that apply to current employees. ShowHide Related Items >><<
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Scorpio Holdings acquires 26,129 common shares of Eneti »
18:52 04/14/21 04/1418:52 04/14/2118:52
NETI
Eneti
Eneti announced that… Eneti announced that Scorpio Holdings Limited, a related party, has purchased 26,129 common shares of the Company at an average price of $19.95 per share in the open market. The company currently has 11,233,604 common shares outstanding, of which SHL and its affiliates own 3,325,819 or 29.61%. ShowHide Related Items >><<
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Elliott 'strongly supports' Dell's announced spin-off of VMware »
18:38 04/14/21 04/1418:38 04/14/2118:38
DELL
Dell Technologies
VMware
Elliott Investment… Elliott Investment Management released the following statement on behalf of Managing Partner Jesse Cohn following Dell Technologies' (DELL) announcement that it plans to spin-off its 81% equity ownership of VMware (VMW), forming a standalone company: "As one of Dell's largest shareholders, Elliott strongly supports the announced spin-off of VMware. The separation will create two market-leading companies, Dell Technologies and VMware, each guided by distinct strategies while retaining their strong commercial relationship. We see significant opportunity for long term value-creation at both companies. We commend Michael Dell, Silver Lake and the Board of VMware on this win for public shareholders." ShowHide Related Items >><<
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Volaris announces further liquidity preservation measures »
18:31 04/14/21 04/1418:31 04/14/2118:31
VLRS
Volaris
The company states:… The company states: "Volaris announces additional liquidity preservation measures. Since the COVID-19 pandemic started, the company has implemented multiple actions under a "liquidity preservation plan", with significant results achieved during 2020. In the first quarter of 2021, the focus has been to combine further payment deferrals with an optimization of the fleet plan for the post COVID-19 traffic requirements. During the first quarter, the company targeted an additional working capital relief of $100M. As of today, Volaris has achieved agreements for $87M. The company is also working on other fleet related initiatives aimed to improve its competitive position by yielding additional liquidity preservation as well as further reducing the total cost of the fleet." ShowHide Related Items >><<
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Ralph Lauren CFO sells 10.6K shares of common stock »
18:29 04/14/21 04/1418:29 04/14/2118:29
RL
Ralph Lauren
In a regulatory filing,… In a regulatory filing, Ralph Lauren disclosed that its CFO Jane Nielson sold 10.6K shares of common stock on April 12th in a total transaction size of $1.36M, reducing her stake by about 9%. ShowHide Related Items >><<
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Guardant Health CEO sells 239.6K shares of common stock »
18:27 04/14/21 04/1418:27 04/14/2118:27
GH
Guardant Health
In a regulatory filing,… In a regulatory filing, Guardant Health disclosed that its CEO Helmy Eltoukhy sold 239.6K shares of common stock on April 12th in a total transaction size of $39.4M, reducing his stake by about 9%. ShowHide Related Items >><<
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Titan Machinery CEO sells 360K shares of common stock »
18:25 04/14/21 04/1418:25 04/14/2118:25
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Titan Machinery
In a regulatory filing,… In a regulatory filing, Titan Machinery disclosed that its CEO David Meyer sold 360K shares of common stock on April 12th in a total transaction size of $9.61M, reducing his stake by about 14%. ShowHide Related Items >><<
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Ian Walsh replaces retiring Kaman board Chairman Neal Keating »
18:20 04/14/21 04/1418:20 04/14/2118:20
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Kaman
Kaman announced that Neal… Kaman announced that Neal Keating, Chairman of the Board of Directors, retired from the Board of Directors at the company's 2021 Annual Meeting of Stockholders on April 14, 2021, in accordance with the previously announced transition plan. Upon Mr. Keating's retirement, the Board appointed Kaman President and Chief Executive Officer, Ian K. Walsh, as Chairman. With Mr. Keating's retirement, Ian Walsh will jointly serve as Chairman of the Board of Directors, President and CEO. Mr. Walsh has served as Kaman's President and CEO since joining the company on September 8, 2020. ShowHide Related Items >><<
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