2022-06-27 06:56:43 SMPL Simply Good Foods
06/27/22 06/2706:56 06/27/2206:56 | Simply Good Foods upgraded to Overweight from Equal Weight at StephensStephens analyst Ben Bienvenu upgraded Simply Good Foods to Overweight from Equal Weight with a price target of $45, up from $44. The recent pullback in shares creates an attractive entry point for investors looking for stable growth in a volatile market given that Simply's brands are benefiting from increased snacking occasions and advertising support, which has not been consistent across packaged food subcategories due to supply chain dislocations over the past 18 months. He believes the company's product portfolio is attractively positioned "at the intersection of better-for-you and grab-and-go" and that the stock's current valuation "leaves room for upside," Bienvenu tells investors. |
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Cohn Robbins, Allwyn Entertainment: Registration statement now effective »
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CRHC
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Allwyn Entertainment and… Story temporarily locked. ShowHide Related Items >><<
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Novavax confirms FDA grants expanded EUA for COVID-19 vaccine for ages 12-17 »
18:27 08/19/22 08/1918:27 08/19/2218:27
NVAX
Novavax
Novavax announced that… Novavax announced that the Novavax COVID-19 Vaccine, Adjuvanted has received expanded emergency use authorization from the U.S. FDA to provide a two-dose primary series for active immunization to prevent coronavirus disease 2019 caused by severe acute respiratory syndrome coronavirus 2 in adolescents aged 12 through 17. ShowHide Related Items >><<
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FDA authorizes Novavax COVID-19 vaccine for people aged 12-17 »
18:03 08/19/22 08/1918:03 08/19/2218:03
NVAX
Novavax
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Ensysce Biosciences files to sell 4.98M shares of common stock for holders
17:39 08/19/22 08/1917:39 08/19/2217:39
ENSC
Ensysce Biosciences
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Bed Bath & Beyond suppliers stop shipments due to unpaid bills, Bloomberg says »
17:29 08/19/22 08/1917:29 08/19/2217:29
BBBY
Bed Bath & Beyond
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Akili to start trading on Nasdaq on August 22 »
17:28 08/19/22 08/1917:28 08/19/2217:28
AKLI
Akili Interactive
Social Capital Suvretta I
Akili (AKLI) has… Akili (AKLI) has completed its previously announced business combination with Social Capital Suvretta Holdings Corp. I (DNAA), a publicly traded special purpose acquisition company. The newly formed company, Akili, Inc., is expected to start trading on The Nasdaq Capital Market under the new ticker symbol "AKLI" on August 22, 2022. ShowHide Related Items >><<
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Panbela Therapeutics files common stock offering, no amount given
17:27 08/19/22 08/1917:27 08/19/2217:27
PBLA
Panbela Therapeutics
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Norwegian Cruise Line exec Sherman sells 86,225 common shares »
17:20 08/19/22 08/1917:20 08/19/2217:20
NCLH
Norwegian Cruise Line
In a regulatory filing,… In a regulatory filing, Norwegian Cruise Line president and CEO of Oceania Cruises Howard Sherman disclosed the sale of 86,225 common shares of the company on August 18 at a price of $13.6303 per share. ShowHide Related Items >><<
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Diana Shipping files to sell 18.49M shares of common stock for holders
17:16 08/19/22 08/1917:16 08/19/2217:16
DSX
Diana Shipping
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On The Fly
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Short Report: Spike in bearish RH position sets up potential new battleground »
17:13 08/19/22 08/1917:13 08/19/2217:13
FAZE
FaZe Holdings
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RH
Dick's Sporting
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BAE Systems awarded $108M contract by U.S. Navy for USS Ross modernization »
17:11 08/19/22 08/1917:11 08/19/2217:11
BAESY
BAE Systems
BAE Systems is awarded a… Story temporarily locked. ShowHide Related Items >><<
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Boeing among names awarded $975M Next-Gen Adaptive Propulsion contract by USAF »
17:10 08/19/22 08/1917:10 08/19/2217:10
GE
General Electric
Raytheon Technologies
Boeing
Lockheed Martin
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The Boeing Co (BA) is… The Boeing Co (BA) is among the companies that have been awarded an indefinite-delivery/indefinite-quantity contract with a program ceiling of $975,000,000 for technology maturation and risk reduction activities through design, analysis, rig testing, prototype engine testing, and weapon system integration. The contract awarded by the U.S. Air Force is for the execution of the prototype phase of the Next Generation Adaptive Propulsion program and is focused on delivering capability enabling propulsion systems for future air dominance platforms and digitally transforming the propulsion industrial base. General Electric (GE), Raytheon (RTX), Lockheed Martin (LMT), and Northrop Grumman (NOC) have also been named as recipients of the award. ShowHide Related Items >><<
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Keurig Dr Pepper says not pursuing a partnership with Vita for Bang brand »
17:02 08/19/22 08/1917:02 08/19/2217:02
KDP
Keurig Dr Pepper
Keurig Dr Pepper issued… Story temporarily locked. ShowHide Related Items >><<
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Addex Therapeutics files to sell 4.25M American Depositary Shares for holders
16:58 08/19/22 08/1916:58 08/19/2216:58
ADXN
Addex Therapeutics
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Viavi files automatic mixed securities shelf
16:48 08/19/22 08/1916:48 08/19/2216:48
VIAV
Viavi
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Advanced Emissions to merge with Arq Limited »
16:45 08/19/22 08/1916:45 08/19/2216:45
ADES
Advanced Emissions
Advanced Emissions… Advanced Emissions Solutions announced that it has entered into a definitive merger agreement with Arq Limited, pursuant to which Arq and ADES will combine their respective businesses. ADES shareholders may elect to receive up to an aggregate of $10M of cash proceeds in the merger, at a price of 52c per share, and will retain at least 47.4% of the outstanding shares of the combined company and could increase up to 49.5% based upon 100% equity elections by ADES Investors. Concurrent with the merger, there will be a committed equity placement of $20M from current Arq investors and members of Arq management. The combined entity is projected to generate $196M of annual revenue and $61M in annual EBITDA by 2026. Pursuant to the transaction agreement, ADES will issue 19,279,235 shares of its common stock to existing Arq equity holders, in exchange for all of their equity interests. ADES shareholders will have the option to receive 1.11 shares of the combined company and a one-time cash payment of $0.52 per share or 1.22 shares of stock in the combined company. Pursuant to the transaction agreement, a binding commitment for a $10M term debt facility from a lending party was obtained. The lending party will also obtain penny warrants to purchase 1% of the pro forma equity of the combined company. At the time of the completion of the merger, the Company will complete a private investment in public equity from current Arq shareholders for an additional capital investment of $20.0 million based at a price of either (i) $4.67 per share or (ii) if the 30 day volume weighted average price of the company's common stock for the 30 days ending on the third business day prior to the date of the ADES shareholders' meeting to approve the transaction is greater than approximately $5.83 per share or less than approximately $3.51 per share, at a price equal to the ADES VWAP. Immediately after completion of the merger and giving effect to the PIPE and dilutive impacts of the warrants, legacy ADES shareholders will own 49.5%, assuming a 100% stock election and that the PIPE shares are purchased at the Fixed PIPE Price. Legacy Arq equity holders and PIPE investors will own approximately 49.5% with the remaining 1% owned by the lending party. ADES will continue to operate as a public company, with its shares listed on the Nasdaq Global Market under its existing ticker symbol. The completion of the merger is subject to customary conditions precedent, including the filing of all required documents with the United States SEC, shareholder approval, and court approval of the Scheme arrangement of Arq shareholders. As part of the completion of the merger, ADES intends to increase the number of its authorized shares of common stock from 100M to 125M, subject to shareholder approval at the Special Meeting of Shareholders. The completion of the merger is subject to approval by holders of shares of ADES common stock during a Special Meeting of Shareholders, date and time to be determined. Additional information regarding the terms of the merger and required shareholder approval will be provided via a preliminary proxy statement, to be filed with the U.S. SEC in the coming weeks. If approved by ADES shareholders, the merger is expected to close during the fourth quarter of 2022 or the first quarter of 2023. ShowHide Related Items >><<
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HCW Biologics files $100M mixed securities shelf
16:44 08/19/22 08/1916:44 08/19/2216:44
HCWB
HCW Biologics
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Hess Corp. exec Hill sells 10,000 common shares »
16:38 08/19/22 08/1916:38 08/19/2216:38
HES
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In a regulatory filing,… In a regulatory filing, Hess Corp. COO and President of E&P Gregory Hill disclosed the sale of 10,000 common shares of the company on August 18 at a price of $116.62 per share. ShowHide Related Items >><<
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P3 Health Partners receives Nasdaq notice regarding late filing »
16:32 08/19/22 08/1916:32 08/19/2216:32
PIII
P3 Health Partners
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Cable One raises quarterly dividend to $2.85 from $2.75 per share »
16:30 08/19/22 08/1916:30 08/19/2216:30
CABO
Cable One
The dividend is payable… The dividend is payable on September 16 to stockholders of record at the close of business on August 30. ShowHide Related Items >><<
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International Money Express COO Aguilar sells 25,000 common shares »
16:27 08/19/22 08/1916:27 08/19/2216:27
IMXI
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In a regulatory filing,… In a regulatory filing, International Money Express COO Joseph Aguilar disclosed the sale of 25,000 common shares of the company on August 17 at a price of $25.1015 per share. ShowHide Related Items >><<
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What You Missed On Wall Street On Friday »
16:23 08/19/22 08/1916:23 08/19/2216:23
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Instructure files to sell 122.07M shares of common stock for holders
16:21 08/19/22 08/1916:21 08/19/2216:21
INST
Instructure
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