2022-07-19 06:06:21 FTCI FTC Solar
07/19/22 07/1906:06 07/19/2206:06 | FTC Solar upgraded to Neutral from Underweight at Piper SandlerPiper Sandler analyst Kashy Harrison upgraded FTC Solar to Neutral from Underweight with a price target of $3.50, up from $2. With President Biden's Build Back Better now twice deceased, renewable investor focus will return to evaluating stocks under a "recessionary lens," Harrison tells investors in a research note. Broadly, project lead times within the sector suggest less risk for 2022 expectations with more risk manifesting next year, says the analyst. Entering 2023, he believes U.S. utility-scale solar could prove "relatively more resilient" and U.S. residential solar growth will decelerate, and Harrison remains optimistic on Europe's demand for non-Russian energy supply. Within this "uncertain economic environment," the analyst is biased toward balance sheet strength and companies with potential for favorable long-term earnings revisions. |
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Sight Sciences price target lowered to $15 from $17 at Piper Sandler »
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ProFrac Holding reports Q2 adjusted EBITDA $210.6M vs. $34.1M last year »
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Offerpad Solutions director buys $1.69M in common stock »
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Cathie Wood's ARK Investment bought 628K shares of Fate Therapeutics today
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Cathie Wood's ARK Investment bought 101K shares of Teladoc today
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Corphousing prices 3.375M share IPO at $4.00 »
20:02 08/11/22 08/1120:02 08/11/2220:02
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Portillo's 8M share Secondary priced at $23.75 »
19:57 08/11/22 08/1119:57 08/11/2219:57
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Reborn Coffee 1.44M share IPO priced at $5.00 »
19:49 08/11/22 08/1119:49 08/11/2219:49
REBN
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Fed President Mary Daly says workers looking for jobs now do not see recession »
19:46 08/11/22 08/1119:46 08/11/2219:46
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4D Molecular reports Q2 EPS (87c), consensus (85c) »
19:06 08/11/22 08/1119:06 08/11/2219:06
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PureCycle Technologies reports Q2 EPS (9c), consensus (14c) »
19:04 08/11/22 08/1119:04 08/11/2219:04
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Kinnate Biopharma reports Q2 EPS (62c), consensus (64c) »
18:59 08/11/22 08/1118:59 08/11/2218:59
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Silence Therapeutics prices 5.95M ADSs at $9.50 per share »
18:58 08/11/22 08/1118:58 08/11/2218:58
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T-Mobile exec sells $7.26M in common stock »
18:48 08/11/22 08/1118:48 08/11/2218:48
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T-Mobile
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Algonquin Power declares Q3 common and preferred share dividends »
18:39 08/11/22 08/1118:39 08/11/2218:39
AQN
Algonquin Power
Algonquin Power has… Algonquin Power has approved and declared the following common and preferred share dividends: 18.08c per common share, payable on October 14 to shareholders of record on September 29 for the period from July 1 to September 30; shareholders receiving dividends in cash can elect to receive the dividend in Canadian dollars in the amount of C$0.2312. C$0.32263 per preferred share, Series A, payable in cash on October 3 to preferred share, Series A holders of record on September 15 for the period from June 30 to, but excluding, September 30. C$0.31819 per preferred share, Series D, payable in cash on October 3 to preferred share, Series D holders of record on September 15 for the period from June 30 to, but excluding, September 30. . Plan Shares will be acquired by way of a treasury purchase at the average market price as defined in the Plan less a 3% discount. ShowHide Related Items >><<
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Fly Intel: After-Hours Movers »
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Agios announces publication of Phase 2 PYRUKYND data in The Lancet »
18:35 08/11/22 08/1118:35 08/11/2218:35
AGIO
Agios Pharmaceuticals
Agios Pharmaceuticals… Agios Pharmaceuticals announced that data from the core period of the open-label, Phase 2 study of PYRUKYND in adults with non-transfusion-dependent alpha- or beta-thalassemia were published on August 11, 2022, in The Lancet. Data from this study were previously presented at the 2021 European Hematology Association Annual Congress. PYRUKYND is a first-in-class, investigational, oral, small molecule allosteric activator of wild-type and a variety of mutated pyruvate kinase enzymes. "Consistent with previously reported findings, the data reported today underscore the potential of PK activation to improve hallmarks of alpha- and beta-thalassemia, including hemolysis and ineffective erythropoiesis," said Kevin Kuo, M.D., hematologist at University of Toronto, Toronto General Hospital, and an investigator in the study. "Thalassemia is a rare, debilitating lifelong blood disorder characterized by severe complications, with no treatment options for those with alpha-thalassemia and limited options for those with beta-thalassemia. These data demonstrate the potential clinical benefits of mitapivat for a broad spectrum of thalassemia patients and support its continued investigation in pivotal trials." ShowHide Related Items >><<
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Taro Pharmaceutical issues voluntary recall of taro-zoledronic acid injection »
18:19 08/11/22 08/1118:19 08/11/2218:19
TARO
Taro Pharmaceutical
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Quanterix director buys $100K in common stock »
18:19 08/11/22 08/1118:19 08/11/2218:19
QTRX
Quanterix
In a regulatory filing,… In a regulatory filing, Quanterix director Sarah Hlavinka disclosed the purchase of 10.1K common shares of the company on August 11 at a price of $9.89 per share. Shares of Quanterix rose 18.7% today following insider buying activity yesterday evening and are up another 6.2% afterhours. ShowHide Related Items >><<
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HSBC overstated risks of Asia unit spinoff, Reuters reports »
18:17 08/11/22 08/1118:17 08/11/2218:17
HSBC
HSBC
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Court affirms ruling barring Minerva from challenging Hologic's patent rights »
18:13 08/11/22 08/1118:13 08/11/2218:13
HOLX
Hologic
Minerva
Hologic (HOLX) announced… Hologic (HOLX) announced that the U.S. Court of Appeals for the Federal Circuit has affirmed a 2018 district court ruling that barred Minerva (NERV) from challenging the validity of the patent rights it assigned to Hologic. "We are pleased that the U.S. Court of Appeals has once again ruled in our favor. This important decision confirms that good faith and fair dealing apply to transactions involving patents and provides greater certainty for companies like Hologic who acquire innovative technologies in order to provide physicians and their patients with the latest solutions," said Essex Mitchell, President of Hologic's GYN Surgical Solutions Division. In 2015, Hologic sued Minerva alleging that the company's endometrial ablation system infringes patents acquired by Hologic through its 2004 purchase of Novacept, the developer of the NovaSure endometrial ablation system for abnormal uterine bleeding. The suit alleged that four years after Hologic's acquisition of Novacept, a former Novacept executive founded Minerva and developed and commercialized an endometrial ablation device using the patented technology that was acquired by Hologic in the Novacept transaction. In 2018, a Delaware district court found Minerva liable for patent infringement and barred the company's invalidity defenses under assignor estoppel. A jury awarded Hologic $4.8M in damages for Minerva's infringement. This decision by the U.S. Court of Appeals is the latest decision in Hologic's favor on this matter. In 2019, the Federal Circuit affirmed the district court ruling on infringement and assignor estoppel. In 2021, the U.S. Supreme Court clarified the scope of assignor estoppel and, on remand, the Federal Circuit again ruled in Hologic's favor, holding that Minerva's invalidity challenge contradicted multiple representations made by the Novacept executive, including in assigning the patent. With the Federal Circuit decision, Minerva must now pay Hologic more than $7M in damages, which includes the $4.8M in damages originally awarded plus post-trial damages and interest. ShowHide Related Items >><<
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Teens are leaving Facebook, YouTube used by 95% of teens, Pew Research says »
18:01 08/11/22 08/1118:01 08/11/2218:01
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Alphabet
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Swire Pacific upgraded to Buy from Neutral at Goldman Sachs »
17:56 08/11/22 08/1117:56 08/11/2217:56
SWRAY
Swire Pacific
Goldman Sachs analyst… Goldman Sachs analyst Simon Cheung upgraded Swire Pacific to Buy from Neutral with a price target of HK$79, up from HK$66. The group may continue to see uncertainties for its various businesses in near term amid viral outbreaks and cost inflation, but the worst appears to be over for the company with signs of recovery ahead, the analyst tells investors in a research note. |
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Cardinal Health price target raised to $73 from $57 at Baird »
17:53 08/11/22 08/1117:53 08/11/2217:53
CAH
Cardinal Health
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Vasta Platform announces CFO transition »
17:47 08/11/22 08/1117:47 08/11/2217:47
VSTA
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Vasta Platform announced… Vasta Platform announced the beginning of a transition period of its CFO. From today until September 15, CFO Bruno Giardino will transfer his activities to Cesar Augusto Silva, after which Giardino will be dedicated to personal projects. After September, 15, Silva will serve as Vasta's new CFO, and Mario Ghio Junior, Vasta's CEO, will assume the responsibilities of Investor Relations Officer as well. Silva is an economist and accountant with an MBA in business administration, and has more than 25 years' experience in financial management and controllership. Silva has been working at the Cogna Group as Controllership Director since 2016, having actively participated in Vasta's IPO process with Nasdaq. ShowHide Related Items >><<
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