2021-10-04 09:47:29 OPAD Offerpad Solutions
10/04/21 10/0409:47 10/04/2109:47 | Offerpad Solutions falls -13.6%Offerpad Solutions is down -13.6%, or -$1.15 to $7.30. |
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Conference/Events
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R1 RCM to host conference call »
01:03 06/26/22 06/2601:03 06/26/2201:03
RCM
R1 RCM
Conference call to… Story temporarily locked. ShowHide Related Items >><<
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Conference/Events
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Thor Industries to host investor day »
00:36 06/26/22 06/2600:36 06/26/2200:36
THO
Thor Industries
Investor Day to be held… Investor Day to be held in Jackson Center, Ohio on June 27 at 9 am. Webcast Link ShowHide Related Items >><<
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Conference/Events
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One Stop Systems participates in a conference call with Benchmark »
00:31 06/26/22 06/2600:31 06/26/2200:31
OSS
One Stop Systems
Semiconductor Analyst… Story temporarily locked. ShowHide Related Items >><<
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Conference/Events
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Relay Therapeutics to hold virtual event »
16:58 06/25/22 06/2516:58 06/25/2216:58
RLAY
Relay Therapeutics
Virtual Investor and… Virtual Investor and Analyst Event to be held on June 27 at 8 am. Webcast Link ShowHide Related Items >><<
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Conference/Events
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Qurate Retail to hold a virtual investor event »
16:54 06/25/22 06/2516:54 06/25/2216:54
QRTEA
Qurate Retail
CEO Rawlinson holds a… CEO Rawlinson holds a Virtual Investor Event to be held on June 27 at 9:30 am. Webcast Link ShowHide Related Items >><<
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Recommendations
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Accenture price target lowered to $370 from $455 at Barclays »
12:41 06/25/22 06/2512:41 06/25/2212:41
ACN
Accenture
Barclays analyst Ramsey… Barclays analyst Ramsey El-Assal lowered the firm's price target on Accenture to $370 from $455 and keeps an Overweight rating on the shares following the fiscal Q3 results. The analyst reduced Accenture's valuation multiple saying market multiples for companies in the IT Services sector have compressed materially. ShowHide Related Items >><<
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Recommendations
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Zendesk price target lowered to $77.50 from $128 at UBS »
11:02 06/25/22 06/2511:02 06/25/2211:02
ZEN
Zendesk
UBS analyst Taylor… UBS analyst Taylor McGinnis lowered the firm's price target on Zendesk to $77.50 from $128 and keeps a Neutral rating on the shares. The analyst cited the company's announcement that it entered into a definitive agreement to be acquired for $77.50/share. ShowHide Related Items >><<
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Recommendations
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Walgreens Boots Alliance price target lowered to $45 from $50 at Barclays »
10:58 06/25/22 06/2510:58 06/25/2210:58
WBA
Walgreens Boots Alliance
Barclays analyst Steve… Barclays analyst Steve Valiquette lowered the firm's price target on Walgreens Boots Alliance to $45 from $50 and keeps an Equal Weight rating on the shares. With a number of perceived overhangs on the retail segment going into the remainder of the year, focus for Walgreens' Q3 print will be on the outlook for foot traffic and front-end inventory/supply chain risk, the analyst said in a research note on Friday. For Q3 itself, Valiquette projects EPS of 88c versus Street view of 93c. ShowHide Related Items >><<
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Hot Stocks
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Pfizer, BioNTech announce data evaluating omicron-adapted vaccine candidates »
10:54 06/25/22 06/2510:54 06/25/2210:54
PFE
Pfizer
BioNTech
Pfizer (PFE) and BioNTech… Pfizer (PFE) and BioNTech (BNTX) announced positive data evaluating the safety, tolerability, and immunogenicity of two omicron-adapted COVID-19 vaccine candidates: one monovalent and the other bivalent, a combination of the Pfizer-BioNTech COVID-19 vaccine and a vaccine candidate targeting the spike protein of the Omicron BA.1 variant of concern. Data from the Phase 2/3 trial found that a booster dose of both omicron-adapted vaccine candidates elicited a substantially higher immune response against Omicron BA.1 as compared to the companies' current COVID-19 vaccine. The robust immune response was seen across two investigational dose levels, 30 microgram and 60 microgram. The Omicron adapted vaccine candidates studied in the Phase 2/3 trial in 1,234 participants 56 years of age and older elicited substantially higher neutralizing antibody responses against Omicron BA.1 when compared to the companies' current COVID-19 vaccine. The pre-specified criterion for superiority was measured by the ratio of neutralizing geometric mean titers with the lower bound of the 95% confidence interval greater than 1. The geometric mean ratios for the monovalent 30 microgram and 60 microgram vaccines compared to the current COVID-19 vaccine were 2.23 and 3.15, respectively. The GMRs for the bivalent 30 microgram and 60 microgram vaccines compared to the current COVID-19 vaccine were 1.56 and 1.97, respectively. The monovalent Omicron-adapted vaccine 30 microgram and 60 microgram achieved a lower bound 95% confidence interval for GMR of greater than1.5, consistent with the regulatory requirement of super superiority. Demonstration of superiority against omicron and safety are regulatory requirements for potential emergency use authorization of a variant-adapted vaccine. One month after administration, a booster dose of the omicron-adapted monovalent candidates increased neutralizing geometric mean titers against Omicron BA.1 13.5 and 19.6-fold above pre-booster dose levels, while a booster dose of the Omicron-adapted bivalent candidates conferred a 9.1 and 10.9-fold increase in neutralizing GMTs against Omicron BA.1. Both omicron-adapted vaccine candidates were well-tolerated in participants who received one or the other omicron-adapted vaccine. In a SARS-CoV-2 live virus neutralization assay tested on sera from participants over 56 years of age and older, sera efficiently neutralized BA.4/BA.5 with titers approximately 3-fold lower than BA.1. Pfizer and BioNTech will continue to collect additional study data on Omicron BA.4/BA.5 over the coming weeks. ShowHide Related Items >><<
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Hot Stocks
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Ionis announces presentation of Phase 2b data for chronic hepatitis B treatment »
10:49 06/25/22 06/2510:49 06/25/2210:49
IONS
Ionis Pharmaceuticals
GSK plc
Ionis Pharmaceuticals… Ionis Pharmaceuticals announced that GSK (GSK) presented results from an interim analysis of the Phase 2b B-Clear clinical study of bepirovirsen - formerly IONIS-HBVRx, an investigational antisense medicine for the treatment of patients with chronic hepatitis B virus. The data were presented in an oral late-breaker session at the European Association for the Study of the Liver's International Liver Congress 2022 in London, U.K. The final results from the study will be submitted for presentation at a scientific congress later this year, and for publication in a peer-reviewed journal. In the study, 28% of patients on standard of care, which is stable nucleoside/nucleotide analogue, and 29% of patients not on NA treatment, experienced a virologic response on 300 mg of bepirovirsen weekly, following 24 weeks of treatment. Virologic response is defined as serum/plasma levels of hepatitis B virus DNA and hepatitis B surface antigens below the lower limit of quantification. Up to 68% of patients on NA therapy and up to 65% of patients not on NA achieved HBsAg less than100 IU/mL at the end of treatment. End-of-treatment virologic responses were observed in patients with high or low baseline HBsAg levels, who were hepatitis B e-antigen negative or positive, and who were receiving NA treatment or not, indicating that bepirovirsen has the potential to treat broad segments of the CHB population. Durability of the responses is being assessed. Treatment-related serious adverse events were observed in less than 1% of patients receiving NA treatment and 1% of patients who were not on NA. SAEs were reported in 3% and 4% of patients receiving NA treatment and those who were not on NA, respectively. There were no clinically meaningful differences in adverse events across treatment arms in either trial. GSK is also exploring combinations of bepirovirsen and other therapeutic modalities in the following trials. Combination treatments could increase functional cure rates in more patients, thereby further reducing the global disease burden of CHB. Trials include: ShowHide Related Items >><<
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Periodicals
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GM stock looking like a bargain after begin hammered, Barron's says »
10:41 06/25/22 06/2510:41 06/25/2210:41
GM
General Motors
Inflation, rising… Inflation, rising interest rates, and recession fears have all conspired against General Motors stock. Its shares are still worth owning, Al Root writes in this week's edition of Barron's. The good news for value investors is that the auto sector is now pricing in a recession-full stop, the author says. GM stock, at about five times 2023 earnings estimates, is cheaper now than it was through the depths of the pandemic. Based on that alone, it would be a terrible time to abandon ship now, Root adds. Reference Link ShowHide Related Items >><<
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Periodicals
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Lucid stock looks more vulnerable than Tesla, other peers, Barron's says »
10:35 06/25/22 06/2510:35 06/25/2210:35
LCID
Lucid Group
Tesla
Polestar
XPeng
Nio
Li Auto
Rivian Automotive
The issue with Lucid… The issue with Lucid (LCID) is not direct competition; the issue is valuation, Al Root writes in this week's edition of Barron's. Lucid, with a value of about $29 billion, is priced at more than eight times 2023 sales of $3.5 billion. That's not just expensive relative to Polestar (PSNY) but also to XPeng (XPEV), NIO (NIO), Li Auto (LI), and Rivian Automotive (RIVN) - all EV companies with sales, but no free cash flow yet, that trade for around 2.6 times 2023 sales. The fundamental risk for Lucid-which sold roughly 500 cars in the past two quarters and is expected to sell about 13,000 in 2022-is that volumes will flatten out or decline as the upper end of the EV market gets saturated. That would be very bad news for Lucid's multiple, the author contends. Reference Link ShowHide Related Items >><<
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Periodicals
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Kellogg's move to split into 3 companies not as flaky as it looks, Barron's says »
10:30 06/25/22 06/2510:30 06/25/2210:30
K
Kellogg
Kellogg surprised… Kellogg surprised investors this past week by announcing plans to split into three pieces. That's a little puzzling, but the stock might still be worth a look, Teresa Rivas writes in this week's edition of Barron's. The three businesses it plans to create, focused on the cereal business, global snacking, and plant-based protein products, aren't all that different from each other, and it's unclear whether they will be worth more apart than they are together. Still, the shares look attractive for investors in search of a food stock in a tough market, the author argues. Reference Link ShowHide Related Items >><<
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Periodicals
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Investors should buy Starbucks as worst problems now behind it, Barron's says »
10:26 06/25/22 06/2510:26 06/25/2210:26
SBUX
Starbucks
While same-store sales in… While same-store sales in China fell 23% year over year during the second quarter, the country has lifted some of its COVID-related restrictions in May and Starbucks' should start to improve and might even return to pre-COVID levels by the first half of 2023, Jacob Sonenshine writes in this week's edition of Barron's. Starbucks should also continue to see a recovery in the U.S. But growing sales won't help much if Starbucks can't turn more of its revenue into profits, the author notes. If Starbucks can hit those numbers, the stock could be, if not a bargain, at least quite compelling at current valuations, the publication adds. Reference Link ShowHide Related Items >><<
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On The Fly
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Opening Day: Golden Sun rises in debut as Ivanhoe Electric delays IPO »
10:19 06/25/22 06/2510:19 06/25/2210:19
GSUN
Golden Sun Education Group
SaverOne 2014
Zhong Yang Financial
Ivanhoe Electric
Steinway
Goldman Sachs
JPMorgan
Amazon.com
Uber
DoorDash
Bausch Health
PayPal
Block
Affirm
Zip Co.
Goldenstone Acquisition
Chinese tutorial services… ShowHide Related Items >><<
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Periodicals
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Cadre to capitalize on renewed emphasis on funding the police, Barron's says »
10:02 06/25/22 06/2510:02 06/25/2210:02
CDRE
Cadre
Cadre Holdings is a… Cadre Holdings is a growing company primed to capitalize on a renewed emphasis on funding the police, Nicholas Jasinski writes in this week's edition of Barron's. The company manufactures and sells a range of equipment to police departments and other public safety agencies. In addition to bulletproof vests, that includes handcuffs, holsters, radios, and body armor and specialized gear for SWAT teams and bomb squads. After all the debates over crime and policing in the U.S. over the past two years, funding police is suddenly back in vogue, the author notes. Reference Link ShowHide Related Items >><<
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On The Fly
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Short Report: Bears undeterred by bounce in growth names »
09:54 06/25/22 06/2509:54 06/25/2209:54
CVNA
Carvana
Chewy
EVgo
Lemonade
Canoo
Citi Trends
Welcome to this week’s… ShowHide Related Items >><<
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Periodicals
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Lennar, Nucor among home-building and steel stocks worth a look, Barron's says »
09:47 06/25/22 06/2509:47 06/25/2209:47
DHI
D.R. Horton
Lennar
Toll Brothers
Cleveland-Cliffs
Nucor
Stelco Holdings
Steel Dynamics
U.S. Steel
Two industries stand out… Two industries stand out when looking for the cheapest stocks in the market now, namely home builders and steel makers, Andrew Bary writes in this week's edition of Barron's. Investors have dumped home-building and steel stocks on recession fears, but while a doubling in mortgage rates to 6% is reducing housing demand, a prolonged and deep downturn seems unlikely, given strong demographic trends and limited supply, the author notes. The publication highlights 8 stocks: D.R. Horton (DHI), Lennar (LEN), Toll Brothers (TOL), Cleveland-Cliffs (CLF), Nucor (NUE), Stelco Holdings (STZHF), Steel Dynamics (STLD) and U.S. Steel (X). Reference Link ShowHide Related Items >><<
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Periodicals
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Carvana delivered undriveable cars, Barron's says »
09:40 06/25/22 06/2509:40 06/25/2209:40
CVNA
Carvana
Amazon.com
Carvana's (CVNA)… Carvana's (CVNA) used cars often arrive at customers' homes with the same convenience as Amazon (AMZN)-delivered paper towels. But as the economy has reopened, Carvana's efforts to resume its torrid pandemic-era sales pace have been complicated by an inconvenient side effect of the growth: In its haste to seize market share from competitors, Carvana was selling cars faster than it could get them registered to their new owners, Jacob Adelman writes in this week's edition of Barron's. Carvana says many of the delays involved internal paperwork problems and slow work by third-party registration services and state motor vehicle agencies. In other instances, Carvana sold cars before it had title to the vehicles, an action that is illegal in many states where the company does business, the author notes. Reference Link ShowHide Related Items >><<
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General news
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Fed dove Daly thinks a 75 bp hike in July is likely needed »
22:20 06/24/22 06/2422:20 06/24/2222:20
$ECON
Economic Data
Fed dove Daly thinks a 75… Fed dove Daly thinks a 75 bp hike in July is likely needed bas she wants to get to neutral as quickly as possible. But she does not want to overcorrect. A 50 bp increase could be warranted if the economy slows more than expected. She sees neutral closer to 3.1% and added it is around 2.5% when inflation is stable around 2%. Longer run inflation expectations are still fairly well anchored, she added. Daly is a non-voter. ShowHide Related Items >><<
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General news
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Fed dove Daly thinks a 75 bp hike in July is likely needed »
22:10 06/24/22 06/2422:10 06/24/2222:10
$ECON
Economic Data
Fed dove Daly thinks a 75… Fed dove Daly thinks a 75 bp hike in July is likely needed bas she wants to get to neutral as quickly as possible. But she does not want to overcorrect. A 50 bp increase could be warranted if the economy slows more than expected. She sees neutral closer to 3.1% and added it is around 2.5% when inflation is stable around 2%. Longer run inflation expectations are still fairly well anchored, she added. Daly is a non-voter. ShowHide Related Items >><<
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General news
| Treasury Market Summary:… Treasury Market Summary: risk appetite surged into the weekend with hefty gains across global equity markets. Fading recession fears, signs of slowing inflation, and reduced concerns over hawkish central banks helped fuel a strong relief rally in stocks. Much of the catalyst for today's actions was the slip in the inflation expectations gauges versus the the strength in the preliminary numbers. Fed hawk Bullard also played down recession risks. Wall Street climbed with the NASDAQ spiking 3.34%, while the S&P 500 increased 3.06% and the Dow jumped 2.68%. Bonds sold off, though the rise in rates was modest in comparison to the jump in stocks. The belly generally underperformed amid added weight from upcoming bond auctions. Yields drifted higher into the close as buying petered out. The wi 2-year yield cheapened 1.5 bps to 3.055%, with the wi 5-year up 2.5 bps to 3.180% and the 7-year up 3 bps to 3.190%. The 10-year was 3.4 bps higher at 3.121%. The curve vacillated narrowly around 6 bps. The dollar index lost some ground and fell to 104.121 from a high of 104.513 as haven demand and rate hike expectations softened. On the other hand WTI oil prices firmed above $108 before dipping and closing at $107.62. Gold extended modestly higher to $1826.88. ShowHide Related Items >><<
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Hot Stocks
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Raytheon Technologies unit chosen by MDA to develop counter-hypersonic missile »
18:38 06/24/22 06/2418:38 06/24/2218:38
RTX
Raytheon Technologies
The Missile Defense… The Missile Defense Agency has selected Raytheon Missiles & Defense, a Raytheon Technologies business, to continue to develop a first-of-its-kind counter-hypersonic missile, the Glide Phase Interceptor. GPI is designed to intercept hypersonic weapons in the glide phase of flight, providing the U.S. and allies with an additional layer of defense against regional hypersonic missile threats. This firm fixed price Other Transaction Agreement modification, valued at $41M, increases the total value to $62M and allows Raytheon Missiles & Defense to continue maturing its GPI design using advanced materials and technology required to intercept a hypersonic threat. This phase will also finalize systems requirements and support accelerated development timelines. ShowHide Related Items >><<
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Hot Stocks
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Antelope Enterprise Holdings receives Nasdaq deficiency letter »
18:26 06/24/22 06/2418:26 06/24/2218:26
AEHL
Antelope Enterprise Holdings
Antelope Enterprise… Antelope Enterprise Holdings announced its receipt of a deficiency letter from the Listing Qualifications Department of the Nasdaq Stock Market. The company received the deficiency letter on June 23, which notified the company that for the last 30 consecutive business days the bid price for the company's common stock had closed below the minimum $1.00 per share requirement for continued inclusion on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2). The deficiency letter does not result in the immediate delisting of the company's common stock from the Nasdaq Capital Market. |
Hot Stocks
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Embraer signs firm order for 10 E-Jets P2F conversions »
18:03 06/24/22 06/2418:03 06/24/2218:03
ERJ
Embraer
Embraer has signed a firm… Embraer has signed a firm order for up to 10 Embraer E-Jets Passenger to Freight conversions with an undisclosed customer. Aircraft for conversion will come from the customer's current E-Jets fleet, with deliveries starting in 2024. This is the first firm contract for Embraer's P2F, being the second agreement for this kind of operation. In May, Embraer and Nordic Aviation Capital announced an agreement in principle to take up to 10 conversion slots for E190F/E195F. Embraer's E-Jets P2F conversions deliver segment-leading performance and economics. The E-Jets Freighters will have over 50% more volume capacity, three times the range of large cargo turboprops, and up to 30% lower operating costs than narrow bodies. ShowHide Related Items >><<
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