2022-05-25 11:38:46 ORLA Orla Mining
05/25/22 05/2511:38 05/25/2211:38 | Orla Mining price target raised to C$7.50 from C$7.25 at DesjardinsDesjardins analyst John Sclodnick raised the firm's price target on Orla Mining to C$7.50 from C$7.25 and keeps a Buy rating on the shares. |
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Seagen announces results from pivotal MOUNTAINEER trial »
09:17 07/03/22 07/0309:17 07/03/2209:17
SGEN
Seagen
Seagen announced full… Seagen announced full results from the pivotal phase 2 MOUNTAINEER trial, which showed TUKYSA in combination with trastuzumab was well-tolerated with durable responses in patients with previously treated HER2-positive metastatic colorectal cancer. These late-breaking data were presented in an oral session at the European Society for Medical Oncology World Congress on Gastrointestinal Cancer on July 2 in Barcelona, Spain. At a median duration of follow-up of 20.7 months, results of the MOUNTAINEER trial showed a 38.1% confirmed objective response rate per blinded independent central review in the HER2-positive patients who were assigned to receive tucatinib in combination with trastuzumab. In these patients, the median duration of response per BICR was 12.4 months. Median progression-free survival per BICR was 8.2 months, and median overall survival was 24.1 months. At study entry, 64.3% and 70.2% of these patients had liver or lung metastases, respectively, and had received a median of 3.0 prior lines of systemic therapy. In a cohort of patients who received tucatinib monotherapy, the ORR per BICR by 12 weeks was 3.3% and the disease control rate was 80.0%. Participants who did not respond to tucatinib monotherapy by 12 weeks or progressed at any time had the option to receive the combination of tucatinib and trastuzumab. AEs leading to discontinuation of any treatment occurred in 5.8% of patients. No deaths due to AEs were reported. Data from this trial will form the basis of a planned supplemental New Drug Application to the U.S. Food and Drug Administration under the Accelerated Approval Program. Merck, known as MSD outside the U.S. and Canada, has exclusive rights to commercialize TUKYSA in regions outside of the U.S., Canada and Europe and plans to discuss these results with certain global health authorities. ShowHide Related Items >><<
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Upgrade
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Techtronic upgraded to Buy from Neutral at Goldman Sachs »
08:42 07/03/22 07/0308:42 07/03/2208:42
TTNDY
Techtronic
Goldman Sachs analyst… Story temporarily locked. ShowHide Related Items >><<
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Initiation
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HTC Corp. initiated with a Neutral at Goldman Sachs »
08:41 07/03/22 07/0308:41 07/03/2208:41
HTCKF
HTC Corp.
Goldman Sachs analyst… Goldman Sachs analyst Allen Chang initiated coverage of HTC Corp. with a Neutral rating and NT$76 price target. The analyst views HTC as a metaverse ecosystem play but says the earnings contributions remain at an early stage. ShowHide Related Items >><<
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Tesla reports Q2 deliveries of 254,695, says June highest production month »
13:23 07/02/22 07/0213:23 07/02/2213:23
TSLA
Tesla
Tesla reported Q2… Tesla reported Q2 deliveries of 254,695, with 4% subject to operating lease accounting, and production of 258,580 vehicles. Tesla delivered 16,162 Model S/X and 238,533 Model 3/Y. The company said, "In the second quarter, we produced over 258,000 vehicles and delivered over 254,000 vehicles, despite ongoing supply chain challenges and factory shutdowns beyond our control. June 2022 was the highest vehicle production month in Tesla's history." ShowHide Related Items >><<
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Periodicals
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Not the time to bottom-fish cruise operator stocks, Barron's says »
09:54 07/02/22 07/0209:54 07/02/2209:54
CCL
Carnival
Norwegian Cruise Line
Royal Caribbean
Shares of Carnival (CCL)… Shares of Carnival (CCL) plunged 14% on Wednesday after a bearish research note by Morgan Stanley predicted the stock could fall to $0 in a worst-case scenario, Lawrence C. Strauss writes in this week's edition of Barron's. Rivals sank, too. Shares of Royal Caribbean (RCL) slid 10% that day, while Norwegian Cruise Line (NCLH) dropped 9%. The leverage buildup was crucial for the company's survival, but now rising interest rates make it a big headwind, as Carnival and its peers will have to refinance some of their debt in the next few years, the author notes. Reference Link ShowHide Related Items >><<
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Periodicals
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Bed Bath & Beyond remodeling not working, Barron's says »
09:49 07/02/22 07/0209:49 07/02/2209:49
BBBY
Bed Bath & Beyond
Target
No amount of activist… No amount of activist activity has managed to fix what ails home-goods retailer Bed Bath & Beyond (BBBY) it seems, Carleton English writes in this week's edition of Barron's. Bed Bath & Beyond stock tumbled 34% last week after posting a wider-than-expected first-quarter loss. The company also announced the exit of CEO Mark Tritton, a former Target (TGT) executive who was installed at Bed Bath & Beyond three years ago with the support of activist investors. Bed Bath & Beyond has dealt with no fewer than four activists over the last three years. And just as changes appeared to gain momentum, the COVID-19 pandemic decimated bricks-and-mortar retail, and the company hasn't been able to regain its long-lost mojo, the author notes. Reference Link ShowHide Related Items >><<
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Periodicals
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AutoZone, O'Reilly among good buys in auto parts space, Barron's says »
09:37 07/02/22 07/0209:37 07/02/2209:37
AAP
Advance Auto Parts
AutoZone
Genuine Parts
O'Reilly Automotive
Auto parts retailers have… Auto parts retailers have outpaced the market for much of the pandemic, and current economic uncertainty should keep the group in the fast lane, Teresa Rivas writes in this week's edition of Barron's. Auto parts retailers have a reputation as defensive stocks-after all, car repairs can only be delayed so long, even during a downturn. There are reasons to think the stocks can keep outperforming, the author says. The publication highlights that with the exception of Advance Auto Parts (AAP), retailers AutoZone (AZO), Genuine Parts (GPC) and O'Reilly Automotive (ORLY) have fared better than most in the current bear market. Reference Link ShowHide Related Items >><<
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Periodicals
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Las Vegas Sands could win big as China eases COVID rules, Barron's says »
09:30 07/02/22 07/0209:30 07/02/2209:30
LVS
Las Vegas Sands
China's decision to… China's decision to ease its entry requirements for international travelers is a step toward a fuller reopening and away from a zero-COVID strategy. It also signals an eventual reopening of its Macau casinos, Teresa Rivas writes in this week's edition of Barron's. It may be the right time to bet on Las Vegas Sands, the author says. Las Vegas Sands gets a little over two-thirds of its business from Macau, with the remainder coming from its Marina Bay Sands property in Singapore. The latter is an underappreciated asset that provides earnings visibility, while the former could see profits jump when Macau more fully reopens, following in the footsteps of Las Vegas and other U.S. cities, where gross gaming revenue has exploded above prepandemic levels, Rivas adds. Reference Link ShowHide Related Items >><<
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Periodicals
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Activision stock is a bet worth making on Microsoft's takeover, Barron's says »
09:28 07/02/22 07/0209:28 07/02/2209:28
MSFT
Microsoft
Activision Blizzard
With mergers getting… With mergers getting increased scrutiny, Microsoft (MSFT) picked a tough time to buy Activision Blizzard (ATVI). But the regulatory uncertainty might give investors an opportunity for some easy upside in the gaming company's stock, Connor Smith writes in this week's edition of Barron's. Activision disclosed in March that it and Microsoft received a second request for information, which requires companies to turn over documents and answer business questions. The author believes, however, that the antitrust concerns seem overblown. Reference Link ShowHide Related Items >><<
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On The Fly
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Opening Day: Ivanhoe Electric falls in debut after raising $169M in IPO »
09:10 07/02/22 07/0209:10 07/02/2209:10
GS
Goldman Sachs
Ivanhoe Electric
Phoenix Motor
Reborn Coffee
SeaChange
JPMorgan
Amazon.com
Uber
DoorDash
Bitdefender
Shares of Ivanhoe… ShowHide Related Items >><<
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Hot Stocks
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Seagen says Tukysa combo shows clinically meaningful antitumor activity in trial »
08:41 07/02/22 07/0208:41 07/02/2208:41
SGEN
Seagen
Merck
Seagen (SGEN) announced… Seagen (SGEN) announced full results from the pivotal phase 2 MOUNTAINEER trial, which showed TUKYSA in combination with trastuzumab was well-tolerated with durable responses in patients with previously treated HER2-positive metastatic colorectal cancer, or mCRC. These late-breaking data were presented in an oral session at the European Society for Medical Oncology, or ESMO, World Congress on Gastrointestinal Cancer on July 2 in Barcelona, Spain. At a median duration of follow-up of 20.7 months, results of the MOUNTAINEER trial showed a 38.1% confirmed objective response rate, or cORR, per blinded independent central review in the HER2-positive patients who were assigned to receive tucatinib in combination with trastuzumab. In these patients, the median duration of response, or DoR, per BICR was 12.4 months. Median progression-free survival per BICR was 8.2 months and median overall survival was 24.1 months. At study entry, 64.3% and 70.2% of these patients had liver or lung metastases, respectively, and had received a median of 3.0 prior lines of systemic therapy. In a cohort of patients who received tucatinib monotherapy, the ORR per BICR by 12 weeks was 3.3% and the disease control rate was 80.0%. Participants who did not respond to tucatinib monotherapy by 12 weeks or progressed at any time had the option to receive the combination of tucatinib and trastuzumab. Data from this trial will form the basis of a planned supplemental New Drug Application to the U.S. Food and Drug Administration under the Accelerated Approval Program. Merck (MRK) has exclusive rights to commercialize TUKYSA in regions outside of the U.S., Canada and Europe and plans to discuss these results with certain global health authorities. "This study has shown the benefits of dual-HER2 inhibition with tucatinib and trastuzumab in patients with HER2-positive metastatic colorectal cancer, including many whose cancer had spread to the liver or lungs before joining the trial. We believe this chemotherapy-free combination may play an important role in addressing the unmet needs of patients with this disease," said Roger Dansey, M.D., interim CEO and Chief Medical Officer, Seagen. ShowHide Related Items >><<
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Trump Media & Technology Group says 'expanding and enhancing Truth Social' »
18:54 07/01/22 07/0118:54 07/01/2218:54
DWAC
Digital World Acquisition
Trump Media &… Trump Media & Technology Group issued the following statement: "TMTG is expanding and enhancing Truth Social, with a major update to the platform scheduled for next week. TMTG will continue cooperating fully with inquiries into our planned merger and will comply with subpoenas we've recently received, none of which were directed at the company's Chairman or CEO." ShowHide Related Items >><<
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Hot Stocks
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Macerich president Coppola acquires 60,000 common shares »
17:48 07/01/22 07/0117:48 07/01/2217:48
MAC
Macerich
In a regulatory filing,… In a regulatory filing, Macerich president Edward Coppola disclosed the purchase of 60,000 common shares of the company on June 30 at a price of $8.75 per share. ShowHide Related Items >><<
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MAK Capital One reports 19.4% stake in Yatra »
17:41 07/01/22 07/0117:41 07/01/2217:41
YTRA
Yatra
MAK Capital One changed… MAK Capital One changed its filing status to active from passive and intends to engage directly with Yatra. ShowHide Related Items >><<
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Syndicate
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Ondas files to sell 780,000 shares of common stock for holders
17:25 07/01/22 07/0117:25 07/01/2217:25
ONDS
Ondas
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Syndicate
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SpringBig files to sell 4.51M shares of common stock for holders
17:24 07/01/22 07/0117:24 07/01/2217:24
SBIG
SpringBig
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Northrop Grumman awarded $337.94M Navy contract »
17:23 07/01/22 07/0117:23 07/01/2217:23
NOC
Northrop Grumman
Northrop Grumman was… Northrop Grumman was awarded a $337.94M cost-plus-fixed-fee, firm-fixed-price and cost reimbursable indefinite-delivery/indefinite-quantity contract. This contract provides researching alternatives, investigating and documenting new capabilities and anomalies related to H-1 avionics and weapons; and the development, integration, verification, validation, and testing of H-1 Integrated Avionics Systems, as well as identifies maintenance capabilities, upgrading and/or updating test equipment and other support equipment required to support the systems. Work is expected to be completed in June 2027. No funds will be obligated at the time of award; funds will be obligated on individual orders as they are issued. This contract was not competitively procured pursuant to Defense Federal Acquisition Regulation 6.302-1. The Naval Air Warfare Center Weapons Division is the contracting activity. ShowHide Related Items >><<
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Syndicate
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Jakks Pacific files to sell 2M shares of common stock
17:19 07/01/22 07/0117:19 07/01/2217:19
JAKK
Jakks Pacific
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Syndicate
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Creatd files to sell 6M shares of common stock for holders
17:19 07/01/22 07/0117:19 07/01/2217:19
CRTD
Creatd
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Hot Stocks
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AT&T names Debra Dial as SVP, Chief Accounting Officer and Controller »
17:18 07/01/22 07/0117:18 07/01/2217:18
T
AT&T
On June 30, AT&T… On June 30, AT&T appointed Debra Dial to the position of Senior Vice President - Chief Accounting Officer and Controller, and Dial assumed the responsibilities of principal accounting officer. Dial has served in various positions with the company for 25 years, including as Senior Vice President - Controller for the last six years. The designation as the principal accounting officer recognizes her responsibilities as Chief Accounting Officer and conforms to prevalent industry practice. Pascal Desroches, the company's Senior Executive Vice President and CFO, acted as the company's principal accounting officer prior to Dial's appointment. ShowHide Related Items >><<
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Periodicals
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TC Energy agrees with Mexico to construct $5B gas pipeline, Reuters says »
17:14 07/01/22 07/0117:14 07/01/2217:14
TRP
TC Energy
Mexico senior foreign… Mexico senior foreign ministry official Roberto Velasco said that Canada's TC Energy has struck an agreement with Mexico to construct a $5B gas pipeline in the Mexican Gulf Coast state of Veracruz, Reuters' Dave Graham reports. The pipeline will connect the Tuxpan and Caotzacoalcos ports, the author says, citing a separate source familiar with the matter. Reference Link ShowHide Related Items >><<
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Syndicate
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Acumen files $200M mixed securities shelf
17:08 07/01/22 07/0117:08 07/01/2217:08
ABOS
Acumen
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Sanofi flu vaccines licensed, approved for 2022-2023 influenza season »
17:07 07/01/22 07/0117:07 07/01/2217:07
SNY
Sanofi
The U.S. FDA approved… The U.S. FDA approved Sanofi's licensure request for vaccine approval for the upcoming 2022-2023 flu season, including: Fluzone High-Dose Quadrivalent (Influenza Vaccine), Flublok Quadrivalent (Influenza Vaccine) and Fluzone Quadrivalent (Influenza Vaccine). This approval comes on the heels of the CDC's Advisory Committee on Immunization Practices preferential recommendation for adults 65+ including Fluzone High-Dose Quadrivalent and Flublok Quadrivalent. Following this licensure, Sanofi will begin to ship their vaccines helping to ensure more people, including some of our most vulnerable population of 65 years and older, will be immunized with the vaccine best suited for their needs as recommended by the ACIP. ShowHide Related Items >><<
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Syndicate
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Monte Rosa Therapeutics files $300M mixed securities shelf
17:04 07/01/22 07/0117:04 07/01/2217:04
GLUE
Monte Rosa Therapeutics
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Syndicate
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TOP Ships files to sell 14.3M shares of common stock for holders
17:03 07/01/22 07/0117:03 07/01/2217:03
TOPS
TOP Ships
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