All Invest Aksjeopsjoner Srl

American Vanguard Corporation Vanlig aksje (0,10 Par Value) Sitat Sammendrag Data Firma Beskrivelse (som arkivert med SEC) AVD ble innlemmet i henhold til lovene i delstaten Delaware i januar 1969 og opererer som et holdingselskap. Med mindre konteksten ellers krever, refererer til selskapet eller registranten i denne årsrapporten til AVD. Selskapet driver sin virksomhet gjennom datterselskapene AMVAC Chemical Corporation (AMVAC), GemChem, Inc. (GemChem), 2110 Davie Corporation (DAVIE), Quimica Amvac de Mexico S. A. de C. V. AMVAC M), AMVAC Mexico Sociedad de Responsabilidad Limitada (AMVAC M Srl), AMVAC de Costa Rica Sociedad de Responsabilidad Limitada (AMVAC CR Srl), AMVAC Sveits GmbH (AMVAC S), AMVAC Brasil Representatives Ltda (AMVAC B), AMVAC CV (AMVAC CV), AMVAC Nederland BV (AMVAC BV) og Envance Technologies, LLC (Envance). Basert på tilsvarende økonomiske og operasjonelle egenskaper, er Companys virksomhet samlet i ett rapporterbart segment. Se del II, punkt 7 for selektiv bedriftsinformasjon. Mer. Risikostatus Hvor passer AVD i risikograven Konsensusrekommendasjon Tilleggsinfo Analyst Info Forskningsmeglere før du handler Ønsker du å handle FX Rediger Favoritter Skriv inn opptil 25 symboler skilt med komma eller mellomrom i tekstboksen under. Disse symbolene vil være tilgjengelige under økten din for bruk på aktuelle sider. Tilpass din NASDAQ-opplevelse Bakgrunnsfargevelger Velg bakgrunnsfargen du ønsker: Quote Search Velg en standard målside for ditt sittsøk: Realtid etter timer Førmarkedet Nyheter Flash Quote Sammendrag Sitat Interaktive diagrammer Standardinnstilling Vær oppmerksom på at når du har laget Ditt valg, det gjelder for alle fremtidige besøk på NASDAQ. Hvis du, når som helst, er interessert i å gå tilbake til standardinnstillingene, velg Standardinnstilling ovenfor. Hvis du har spørsmål eller støter på problemer ved å endre standardinnstillingene, vennligst send epost til isfeedbacknasdaq. Vennligst bekreft ditt valg: Du har valgt å endre standardinnstillingen for Quote Search. Dette vil nå være din standardmålside, med mindre du endrer konfigurasjonen din igjen, eller du sletter informasjonskapslene dine. Er du sikker på at du vil endre innstillingene Vi har en tjeneste å spørre Vennligst deaktiver annonseblokkeren din (eller oppdater innstillingene dine for å sikre at javascript og informasjonskapsler er aktivert), slik at vi kan fortsette å gi deg de førsteklasses markedsnyheter og data du har kommet til å forvente fra oss.10: 19.00 Grana y Montero nektar kategorisk uttalelser fra tidligere representant for Odebrecht Jorge Barata (GRAM). Vi avviser kategorisk slike uttalelser og påpeker at vårt selskap og ledere ikke var klar over, deltatt i eller gjort noen betalinger i forbindelse med enhver form for bestikkelse eller refusjon av slike betalinger fra Odebrecht. På samme måte, og med samme fasthet, gjentar vi vår vilje til å fortsette å samarbeide med undersøkelsene om denne saken, med den største interessen for å la sannheten bli kjent. Quot 7:47 pm Denne ukenes største gainerslosers (: WRAPX). Følgende er disse ukene topp 20 prosentøkere og topp 20 prosentvise tapere, kategorisert etter sektorer (over 300 mln markedsverdi og 100 000 gjennomsnittlig daglig volum). Disse ukene topp 20 vinnere Helse: LNTH (12,73 34,66), CYH (9,22 33,62), AXDX (26,6 14,9), THC (21,99 13,53), SRPT (31,95 12,98) Materialer: TROX (17,4 20,67) Industri: GNK (11.36 15.1) , SBLK (9,5 15.01), FIX (38,65 14,86) Forbrukerdiskretionær: PLKI (79.02 19.51), RH (31.34 16.85), TV (26.44 14.41), LL (17.39 13.22), GNC (8.63 12.96) Informasjonsteknologi: KEM 36,18), AAOI (46,22 24,01), SQ (17,43 20,46), UCTT (14,66 20,26), CNDT (16,97 12,98), OLED (81,5 12,96) Denne uken topp 20 tapere Helse: TRVN (4 -43,9), MNTA 18,42), AMRI (15,21 -18,27), AMPH (15,19-17,45), BCRX (5,51-16,01) Materialer: NAK (1,55 -31,42), HCLP (17,35-18,84) Industri: GRAM (3,32 -35,03) Forbruker Diskretjonær: ENT (4,31 -30,71) Informasjonsteknologi: SREV (4,01 -31,22), ACIA (54,03 -18,86), OCLR (9,23 -16,29) Finans: OCN (4,24 -19,08) Energi: BPT (21,3 -27,92), FMSA (9,93 -17,59) ), PKD (1,95-17,02), QEP (14,05 -16,72), AROC (13,35-15,51), SWN (7,35-15,15) 7:20 pm Platinum Group Metals con firmaer pensjonering av Peter Busse som Chief Operating Officer som tidligere annonsert - erstatning vil bli utnevnt med tiden. (PLG). 07:00 Renesas annonserte ferdigstillelsen av Renesas oppkjøp av Intersil Corporation (ISIL) (RNECF). Som tidligere annonsert i september 2016 forventer Renesas at nærings - og langsiktige innkjøpsmuligheter i kombinasjon med de beskjedne kostnadseffektivitetene som er forbundet med større målestokk, vil gi en synergieffekt på US170 millioner (omtrent 17 milliarder yen med en valutakurs på 100 yen til dollaren). Transaksjonen forventes å øke Renesas brutto - og driftsmarginer umiddelbart, og være en følge av Renesas ikke-GAAP resultat per aksje og frie kontantstrømmer etter avslutning. 6:40 pm Banro gir oppdatering om RECAPITALISERINGEN (BAA). Banro rapporterer at, som omtalt i vilkårene for rekapitaliseringen, har Ontario Superior Court utstedt interimsordren, som blant annet tillater at selskapet innkaller møter med innehavere av sine US175 millioner senior sikrede notater og Banros serie A preferanse aksjer og B-preferanseaksjer, for blant annet å godkjenne den tidligere annonserte forretningsplanen. Selskapet har også til hensikt å holde et møte med innehavere av sine felles aksjer for å godkjenne, blant annet, rekapitaliseringen. Møtene er planlagt å bli avholdt 31. mars 2017. Dersom eksisterende notater skal byttes i henhold til vilkårene i Planen for Arrangement som beskrevet ovenfor, er det ikke ment å foreta hovedstolsbetaling på eksisterende notater i mars 1, 2017 og eksisterende notater forventes å forbli utestående til gjennomføringen av rekapitaliseringen, hvilken gjennomføring forventes å forekomme tidlig i midten av april 2017. Interim Order gir også opphold der inntil den 30. april 2017 og datoen for rekapitalisering er implementert, vil enhver person, inkludert innehaverne av eksisterende notater, bli holdt fra å utøve visse rettigheter eller rettsmidler, herunder rettigheter eller rettsmidler som oppstår som et resultat av påbegynnelsen av saksbehandlingen under CBCA eller standard eller cross default under eksisterende notater, mot eller i forhold til Selskapet eller dets materielle datterselskaper eller noen av deres respektive eiendommer eller eiendeler. 6:14 FireEye på radar etter å ha bekreftet deltakelse på tre kommende investorkonferanser (jevnlig målet for MampA SPECULATION) (FEYE). Co kunngjorde deltakelse i kommende investor konferanser. Morgan Stanley Technology Media and Telecom Conference 27. februar, Pacific Crest Emerging Technology Summit 28. februar, JMP Securities 2017 Technology Conference 28. februar kl. 18:02 Raytheon bekrefter at det ble tildelt 1,066,297,129 kontrakt for å fremskaffe staten QATAR WITH EARLY WARNING RADAR SYSTEM SE 17:09) (RTN). 6:01 CELANESE ØKER PRISEN AV VINYL ACETATBASERTE EMULSJONER SOLGT I KINA (CE). Prisen for VAE-emulsjoner som selges i Kina, vil øke med 240MT fra 23. februar 2017, eller som kontrakter tillater det. Denne prisøkningen påvirker alle bruksområder for VAE-emulsjoner, inkludert, men ikke begrenset til lim, maling og belegg, vanntett, bygg og anlegg og teppe. 4:31 PM SYCAMORE PARTNERS HAR GJELDET BEGRENSET MERK OG ANDRE RELATERTE INTELLEKTUELLE EIENDOMMER (XRT). Den immaterielle eiendommen ble kjøpt gjennom en konkurransedyktig auksjon som drives av The Limited som en del av det pågående kapittel 11-saken i US BANKRUPTCY COURT FOR DELAWARE DISTRICT. 4:24 EQUITY ONE STOCKHOLDERS OGSÅ GODKJENT REGENCY CENTERS (REG) fusjon i dag transaksjonen forventes å lukke 1. mars (se 10:46) (EQY). 4:23 PM Avsluttende markedssammenheng: Ettermiddagsmeddelinger med moderate gevinster (: WRAPX): Aksjemarkedet holdt et beskjedent tap gjennom flertallet av fredagssesjonen, men den forsiktige stemningen var bare en illusjon da oksene kjøpte dukkert og presset aksjemarkedet i det grønne i løpet av de siste minuttene av økten. SampP 500 (0,2) og Nasdaq (0.2) snakket ut tynne gevinster mens Dow (0.1) ferdig like over sin flate linje for å registrere sin 11. påfølgende rekordlukning. Utenfor en åpningsdypp var dagens sessions ganske spekterbundet da markedet kuttet sitt opprinnelige tap i halvparten og handlet i sidelengs modus til en ettermiddagslading i grønt. Aksjeindeksene viste noe liv rundt middag etter en rapport som Gary Cohn, som er økonomisk rådgiver for president Trump, indikerte at Hvite Hus ikke støtter GOP-versjonen av en grensejusteringsskatt. Dette ble tolket som en positiv for forhandlere gitt at de importerer så mye av sine varer til salg i USA, derfor vil deres inntjeningsmuligheter sannsynligvis bli rammet. Detaljhandel lagret seg til nye høyder etter den første rapporten, men ga tilbake en del av disse gevinster etter at Det hvite hus nektet rapporternes gyldighet, og sa at Mr. Cohns kommentar ble tatt ut av konteksten. Likevel stengte SPDR SampP 500 Retail ETF (XRT 43.73, 0.63) fredag ​​1,5 høyere, da inntjeningsnyheter ga en solid backstop. Nordstrom (JWN 46.46, 2.52) hoppet 5,7 etter at den bedre enn forventet inntjening overskygget en tap på inntekter og under-konsensusveiledning. Foot Locker (FL 75.01, 6.43) og Gap (GPS 24.70, 0.73) endte også høyere, henholdsvis 9,4 og 3,1. FLs styrke stammer fra det bedre enn forventet inntjening, mens GPS overkalte konsensusinntektsveiledning med en ellers in-line-rapport. Forbrukerens skjønnsmessige (0,4) og forbrukerstifter (0,4) reiste det bullish detaljhandelssentimentet til slutt fredag ​​høyere. Næringssektoren (0,5) lukket med en tilsvarende gevinst, tegningsstyrke fra luftfartssikkerhetsforsvarsnavn etter at president Trump lovet å gjennomføre en av de kvoteste militære buildupsene i amerikansk historyquot fredag ​​morgen. På ulempen ble økonomien (-0,8) og energi (-0,9) ferdig dagen nederst på topplisten. Finansen hadde noe press blant den fortsatte usikkerheten rundt omfanget og tidspunktet for en skattereform, mens energis nedslag var påvirket av råolje 0,9-glidning. Energikomponenten stengte uken på 53,97bbl. Amerikanske statsobligasjoner avsluttet uken med en positiv notering og avsluttet fredag ​​i nærheten av tre måneders høyder. Referanseporteføljen på 10-årige var ferdig med seks basispoeng lavere på 2,31. Den satsfølsomme verktøyet (1.4) stengte på toppen av dagens toppliste da investorene lettet renten. De resterende sektorene - teknologi, materialer, helsevesen, telekommunikasjonstjenester og fast eiendom - stengt med gevinster mellom 0,2 og 0,7. Dagens økonomiske data inkluderte januar New Home Sales og den endelige lesingen av University of Michigan Sentiment Index for februar: Ny Hjem Salg i januar slo en årlig rate på 555 000, som var over den reviderte desember-rate på 535 000 (fra 536 000) og mindre enn de 566.000 som ble forventet av Briefing-konsensusen. Nøkkelen i rapporten er at høye priser fortsetter å hindre sterkere salgsaktivitet i nedre enden av det nye hjemmemarkedet. Det poenget er uttalt i det faktum at boliger priset 299.999 eller mindre utgjorde 44 nye boliger solgt i januar 2017 versus 53 i januar 2016. Den endelige lesingen av University of Michigan Consumer Sentiment Index for februar steg til 96,3 (Briefing Consensus 95,8 ) fra 95,7 i foreløpig avlesning. Nøkkeltaket fra rapporten er at den generelle forbrukertilliten er høy, men det er klare splittelser langs partiledninger med tanke på de økonomiske utsikterna. Den forståelsen, det ble notert, skaper en forventning om at det vil være større volatilitet og skjønnsmessige utgiftsforskjeller på tvers av undergrupper. På mandag vil investorene motta januar varige bestillinger (Briefing Consensus 1.8) og januar i påvente av Home Sales (Briefing Consensus 0.9). De to rapportene vil krysse ledningene klokka 8.30 ET og henholdsvis 10:00 ET. Nasdaq Composite 8,6 YTDSampP 500 5,7 YTDDow Jones Industrial Average 5,4 YTD Russell 2000 2,8 YTD Uke i gjennomgang: Fredag ​​Uptick bidrar til å sikre sikker femte påfølgende ukentlig gevinst Aksjemarkedet syntes å være i fare for å registrere sin første uka i en måned, men et utvinning på Fredag ​​ettermiddag hjalp SampP 500 med 0,7 for uken, og utvidet sin første kvartal til 5,7. Aksjeindeksene motoriserte høyere for å starte uken, men investorens stemning surt litt på torsdag etter at Axios rapporterte at republikanske lovgivere sannsynligvis vil forsinke en beslutning om infrastrukturutgifter til 2018, noe som gir kongressens tid til å fokusere på skatte - og helseomsorgsreformen i 2017. NYHETER VEKT PÅ KONSTRUKSJON OG ENGINEERINGER MED CATERPILLAR (CAT) faller 3,3 i løpet av de to siste ukentlige sesjonene. Men det generelle aksjemarkedet tok nyheten i strid, noe som var imponerende, med tanke på pro-vekstpolitikk ble sitert for valg etter avtale som løftet SampP 500 til en ny rekord. Markedet så en del salg på fredag ​​morgen, men dypkjøpere hjalp referanseindeksen seg positivt på tvers. Den siste uken var veldig stille på økonomisk front, men investorene mottok de siste politikkminuttene fra Federal Open Market Committee. Protokollene bekreftet at en renteøkning vil være i orden ganske snart, hvis innkommende data om jobber og inflasjon forblir i tråd med forventningene. Det er verdt å merke seg at noen medlemmer av FOMC uttrykte bekymring for at lav volatilitet i aksjemarkedene er uforenlig med stor usikkerhet knyttet til utsiktene for endringer i finanslandskapet. CBOE-volatilitetsindeksen (: VIX) holdt grunnen i 11,50-området, og avsluttet uken langt under det 200-dagers glidende gjennomsnittet (13.80). Rate hike forventninger så begrenset bevegelse i løpet av den siste uken. Den underforståtte sannsynligheten for en fottur i mai krysset opp til 50,4 fra de siste ukene 44,1, mens den underforståtte sannsynligheten for en renteøkning i juni falt til 66,5 fra forrige fredag ​​69,9. 4:21 PM FIRSTENERGY EXPECTES TWO UNITS PÅ BRUKES MANSFIELD PLANT FOR Å TEGNE NYHET NESTE WEEK FØLGENDE ET KORT UTEN TJENESTEPERIODE SOM KOMMER FRA MID-FEBRUARI (FE). Start aktivitetene på enheter 1 og 3, hver med en kapasitet på 830 megawatt, starter denne helgen. Mens enhetene var frakoblet, fullførte Bruce Mansfields 350 ansatte rutinemessig daglig vedlikeholdsarbeid som støtter kontinuerlig sikker og pålitelig drift. Enhet 2, også med en kapasitet på 830 megawatt, forblir ute av drift, da vedlikehold på anleggsutstyr er utført. 4:15 PM TRANSDIGM GROUP PRIS TILBUD AV 300 MLN YTTERLIGERE 6.500 SENIOR SUBORDINATED NOTES DUE 2025 vil bli utstedt til en pris på 101.500 av deres primære beløp (TDG). 4:07 interesser for neste uke. Hendelser og konferanser av interesse for neste uke, 27. februar - 3. mars, er oppført nedenfor. For en komplett liste over neste ukers hendelser, se. Mandag JPMorgan Global High Yield og Leveraged Finance Conference (27. februar-1. mars) Planlagt å vises: PBH, SBGI, S, PTC, CXO, RYI, DCP, CC, TTMI, COT, SE, SIRI, SCI, TEN, OLN, MSCI, MNI, MD, MDCA, GLT, HLS, SSNC, AX Konferanseinformasjon Morgan Stanley Teknologi, media og telekonferanse (27. februar-2. mars) Merkelig cos å presentere: NTAP, SAP, TV, CBS. A, TRIP, HIVE , GRPN, CBB, PYPL, SPLK, TMUS, CBS, MSFT, MB, LAMR, RPD, DST, GDDY, P, CALD, GOOG, GOOGL, CMCSA, CTXS, TEAM, IMAX, JIVE, VZ, NATI, CSCO, HPE , FT, LC, CY, ZEN, ADBE, AMAT, CNK, INFN, EA, ANET, MRVL, NEWR, PFPT, RNG, GLW, CCI, EIGI, MXIM, CSOD, NLSN, SYMC, NÅ, HPQ , ZNGA, WDAY, LVLT, CTL, VIA, VIAB, NVDA, IBM, NTCT, STX, TNET, SWKS, SALG, FWONA, VRNS, VMW, UT, MDSO, XLNX, DBD, ACIA, WK, CHTR, INST, TRVG , QLYS, YELP, MSCC, CA, NWS, SNPS, CTSH, SSNC, PI, EGHT, PI, IMPV, EFII, BV, LYV, VSAT, TYL, DATA, ATEN, PEGA, APTI, DLB, ARRS, MSTR, PTC , IPHI, TLND, SABR, MU, BOX, ELLI, V, ATHN, CDNS, PANW Keefe, Bruyette og konferansedag. Tirsdag Credit Suisse 2017 Global Healthcare Conference (28. februar - 1. mars) Planlagt å vises: ACIU, ALIOY , AA, ALDR, ALKS, LBTSF, AZN, BSLN, BAYRY, CS, FSNUY, GLPG, GMXAY, GSK, IPHYF, IPSEY, LZAGY, MRK, NVS, NVO, ORINY, QGEN, REGN, ROVI, SNY, SNN, SONVY , STDAF, WILYY, CHMP Evercore ISI årlig industrikonferanseNotable cos å presentere: CAT, CMI, KMT, ITW, URI President Trump for å gi adresse til felles økt av kongress kl 21:00 ET onsdag BTIG medisinsk teknologi, diagnostikk og helsekonferanse 1. mars, 2. mars) Planlagt å vises: VREX, MMSI, VRAY, HQY, VNRX, CFMS, INGN, NVDQ, VAR Gabelli og Company 27. årlige pumpe-, ventil - og vannanlegg SymposiumNotable cos å vises: AC, AME, WAAS, BMI , CIR, CR, FLS, GRC, GGG, IEX, RXN, XYL, HI, LAYN, WTS, MWA, ITT, NPO Simmons og Co Energy Conference (1. mars til mars). Planlagt å vises: RRC, CRR, TTI, CXO, TSO, PXD, SWN Torsdag Bank of America Merrill Lynch Global Agriculture Amp Chemicals ConferenceScheduled for å vises: OLN, MOS, DD, POT, AGU, CF, RPM JPMorgan Gaming, Overnatting, Restaurant amp Leisure Management Access Forum ) Bemerkelsesverdig cos å presentere: YUM, DNKN, STAY, WYN, FOGO Blant Investor Days: Crane (CR) 2017 Investorkonferanse kl 8:30 ET Fredag ​​2017 AAAAI Annual Meeting (3/3 mars) Planlagt å vises: DBVT, ANAB 2017 American Academy of Dermatology Årsmøte (3.-7. Mars) Planlagt å vises: ANAB FED CHAIR JANET YELLEN TALER PÅ 13:00 ET 16:06 LPL FINANSIELLE FOR Å REFINANSERE DEN EKSISTERENDE KAPITALSTRUKTUREN I EN DELFØRING-NEUTRAL TRANSAKSJON (LPLA). LPL Holdings har til hensikt å inngå en endring i låneavtalen som styrer sine senior sikrede kredittfasiliteter, i henhold til hvilken den forventer å låne en ny term B-lån på grunn av 2024 i et opprinnelig samlet hovedbeløp på 1.700 millioner, øke størrelsen på sin roterende kreditt anlegg til 500 millioner, og foreta visse andre endringer. LPL Holdings har også til hensikt å øke 500 millioner i bruttoprovenu gjennom et tilbud av senior noter i 2025. LPL Holdings har til hensikt å bruke netto fortjeneste fra tilbudet av notene og det nye løpetiden B-lån for å tilbakebetale LPL Holdings eksisterende senior sikrede kredittfaciteter og Å BETALE TILSKRIVT RENTER OG RELATERTE AVGIFTER OG UTGIFTER. 4:02 MERCK MELDER SIN FASE 3 STUDIE RESULTATER FOR V212 FOR FORBEDRING AV SHINGLES I IMMUNOKOMPROMISERTE PATIENTER MED DENNE PRIMÆRE ENDPUNKTEN (MRK): I forsøket møtte V212 sitt primære endepunkt og reduserte forekomsten av bekreftede HZ-tilfeller med en estimert 64 prosent (95 CI, 0,48, 0,75) hos mottakere av auto-HSCT. Sekundære endepunktsfunn fra studien viste at V212 reduserte forekomsten av moderat til alvorlig HZ-smerte med en estimert 69,5, ved bruk av Zoster Brief Pain Inventory (: ZBPI) - scoren. V212 viste en estimert 83,7 prosent reduksjon av forekomsten av post-herpetic neuralgi (: PHN) over 90 dager etter at HZ startet. I studien ble PHN definert som smerte i området med HZ utslett med en kvarts smerte i den siste 24 timers poengsummen på 3 eller høyere (i en skala fra 0 til 10) på ZBPI som vedvarer eller vises 90 dager eller lenger etter HZ utslett utbrudd følgende auto-HSCT. I tillegg viste V212 reduksjon av andre HZ-komplikasjoner med en estimert 73,5 prosent. Disse andre komplikasjonene inkluderte sykehusinnleggelse eller forlengelse av sykehusinnleggelse på grunn av HZ-spredt HZ (inkludert spredt HZ utslett eller VZV viremia) visceral HZ, ophthalmic HZ NEUROLOGISK BEGRENSNING VED HZ ELLER ADMINISTRERING AV INTRAVENØUS ACYCLOVIRTERAPI FOR BEHANDLING AV HZ POST AUTO-HSCT. 4:01 PM SUMMIT FINANCIAL INCREASES QUARTERLY DIVIDEND TIL 0.11SHARE FRA 0.10SHARE (SMMF). 1:10 Pfizer-priser 1.065 milliarder kroner hovedstol på 4,20 noter på grunn av 2047 til profesjonelle institusjonelle investorer i Taiwan (PFE). Co har til hensikt å benytte nettoutbyttet til generelle forretningsformål, herunder å tilbakebetale en del av det utestående handelspapiret. 1:05 pm Middag Markedsoversikt: Gjennomsnitt Hold beskjedne tap ved Middag (: WRAPX): Etter en svak start har investorene blitt litt mer optimistiske i ettermiddag da aksjemarkedet nærmer seg sin flate linje etter en grenseavgiftsrelatert rapport fra den hvite Hus. De tre største gjennomsnittene er alle nede i nærheten av 0,2 om middagstid. Retail aksjer har sett en fin pop i de siste tiltakene etter en nyhetsrapport at Gary Cohn, som er økonomisk rådgiver for president Trump, angav på et forum for administrerende direktører i dag at Det hvite hus ikke støtter GOP-versjonen av en grensejustering avgift. Disse nyhetene ble hentet fra Axios fra en deltaker på konferansen. Dette har blitt tolket som positivt for forhandlere som frykter en grenseavgift på grunn av de økte lønnskostnadene det medfører. Mr. Trump sa at han støtter kvotebeskrevet av grenseavgiften i går, men dagens rapport fra Det hvite hus indikerer at denne kvoteformen ikke nødvendigvis er den som GOP prøver å presse gjennom kongressen. Snarere er det sannsynlig at president Trumps-preferanse vil være for en vannet versjon som han uttrykte sin bekymring for at grensen skatt er quottoo komplisert. quot Detaljhandlergruppen har også vært i dagens inntektsoverskrifter som husnavn som Nordstrom (JWN 46.71, 2.78 ), Foot Locker (FL 75.14, 6.56) og Gap (GPS 25.10, 1.13) rapporterte sine kvartalsresultater mellom gårdager i nærheten og dagens åpningstid. Nordstrom har hoppet 6,2 etter at den bedre enn forventede inntjeningen har overskygget sin savner på inntekter og under konsensusveiledning. Foot Locker og Gap handler også høyere, henholdsvis 9,6 og 4,5. FLs styrke stammer fra bedre enn forventet inntjening, mens GPS har overvunnet konsensusinntektsveiledning med en ellers in-line-rapport. Etter alle overskriftene er SPDR SampP 500 Retail ETF (XRT 43,95, 0,85) 2,0, mens forbruksdiskretionær sektor har en 0,3 gevinst. Felles sykliske rom har ikke gått så vel som forbrukerens skjønnsmessige gruppe. Økonomi (-1,0), plassen som har ført aksjemarkedene etter valget, slår dagens mildt tilbakeslag mens energi (-0,8) bare utfører beskjeden bedre. Råoljer 0,6 tap har veid tungt på energigruppen. Energikomponenten handler på 54.08bbl ettersom investorer forsiktig forsvarer dagens Baker Hughes-riggetalldata, som vil bli utgitt kort klokken 13:00 ET. Amerikanske statsobligasjoner har gått fra økt økt i de siste tiltakene, men har fortsatt gevinster blant aksjemarkedene lite nedgang. Referanseporteføljen på 10-årige utbytter handler fire basispoeng lavere på 2,33. Den sektor for tarifffølsomme verktøy (1.1) har topplasseringen på dagens toppliste ettersom investorene har glede av dagens rentesvekst. Teletjenester (0.3) handler også komfortabelt i grønt ved middagstid. Dagens økonomiske data inkluderte januar New Home Sales og den endelige lesingen av University of Michigan Sentiment Index for februar: Ny Hjem Salg i januar slo en årlig rate på 555 000, som var over den reviderte desember-rate på 535 000 (fra 536 000) og mindre enn de 566.000 som ble forventet av Briefing-konsensusen. Nøkkelen i rapporten er at høye priser fortsetter å hindre sterkere salgsaktivitet i nedre enden av det nye hjemmemarkedet. Det poenget er uttalt i det faktum at boliger priset 299.999 eller mindre utgjorde 44 nye boliger solgt i januar 2017 versus 53 i januar 2016. Den endelige lesingen av University of Michigan Consumer Sentiment Index for februar steg til 96,3 (Briefing Consensus 95,8 ) fra 95,7 i foreløpig avlesning. Nøkkeltaket fra rapporten er at den generelle forbrukertilliten er høy, men det er klare splittelser langs partiledninger med hensyn til de økonomiske utsikterna. Den forståelsen, det ble notert, skaper en forventning om at det vil være større volatilitet og skjønnsmessige utgiftsforskjeller på tvers av undergrupper. 12:39 pm Inntektskalender for uken den 27. februar (: SUMRX). Mandag 27. februar Forhåndsmarked: AES, CORE, AMT, AFSI, NGHC, TGNA, JKS, HYH, MDCA, HZNP, FCE. A, AWI, SNH, BID, KOS, AMWD, IBP, AIMC, GOGO, SSTK , NWN, etc. Etter-timer: THC, ZTO, OKS, FTR, OKE, CST, PCLN, WNR, EOG, HTZ, KND, PRGO, ESND, DK, ALB, MHLD, WNRL, ESV, KRA, WDAY, SBAC Tirsdag 28. februar. Førmarkedet: TGT, BNS, BMO, SRE, NRG, AZO, VRX, TOUR, CNP, TRE, NII, KTOS, TA, ENDP, PAH, DPZ, SDRL, LNG, PRIM, BNED, BLD, FCN, SHOO, IPCC, NXST, USCR, RHP, OPPHOLD, INCR, SEAS, NYLD, XHR, LBY, etc. Etter timer: ROST, CBI, UHS, CRM, BLDR, EVHC, DPLO, DAR, TNET, AMC, AR, HY, BW, ITRI, ILG, KAMN, PANW, JAZZ, AMED, HEI, AEGN, ​​BVN, BUFF, AIRM, CHDN, WTW, BGFV, CLNS, PRAA, LQ, etc. Onsdag (1. mars) Formarkedet: LOW, BBY, DLTR, WIN, AEO, BMCH, DY, TRCO, DCI, HPT, HRI, STKL, VSI, AKRX, BITA, GTN , IPXL, CROX, TTI, DIN, GTE, INXN, PEGI, LXP, EGRX, PCRX, EVEP, MACK, etc. Etter-timer: AVGO, ANW, GEF, MNST, PK, VGR, EPE, CODI, VEC, FOE , PSTG, CCRN, NNBR, CWST, PLNT, WTI, BOX, FOXF, ICUI, FOR, OME, SHAK, PMTS, NVGS, etc. Torsdag (2. mars) Formarkedet: JD, KR, BUD, TD, BURL, BKS, ANF, GTS, GJENNOM, SSI , ACIW, ATHM, ZEUS, TAST, MEI, SUP, AMRC, SRI, NDLS, SQBG, etc. Etter-timer: COST, MRVL, ADSK, AOBC, NTNX, GWRE, NEFF, HABT, EVC, BBG, AMRS, WING , STAA, ETC. FRIDAG (3. MARTS) PREMARKET: BIG, BIOS, DXYN 12:31 PM ENTEGRA FINANSIELLE EXTENDER REPURCHASE PROGRAM FOR OPP TIL 5 AV DE UTSTYRENDE AKSJONENE I FEB 23, 2018 (ENFC). 12:29 pm Floor Talk: Forhandlere Pop on Border Tax Blurb (: TALKX): Detaljhandelene har sett en fin pop i den siste handlingen etter en nyhetsrapport at Gary Cohn, som er økonomisk rådgiver for president Trump, angitt på et forum av konsernsjefene i dag at Det hvite hus ikke støtter GOP-versjonen av en grensejusteringsskatt. Disse nyhetene ble hentet fra Axios til en deltaker på konferansen. Husk at detaljhandel aksjer ble truffet i sent handling på torsdag etter at president Trump sa i et Reuters intervju at han støtter quotsome form av en grensejustering skatt. Quot Det ble sett på som en negativ siden han tidligere hadde sagt grense skatteplanen var for komplisert , skaper en følelse av at han ikke ville være til fordel for en. Så sitter det ikke bra med retail investorer at presidenten anerkjente å støtte noen form for en grensejusteringsskatt, da de følte at han kanskje nå var i samsvar med det mer restriktive grenseavgiftsforslaget som ble presset av GOP. Næringslivet motsetter seg en grensejusteringsskatt fordi detaljister importerer så mye av varene deres til salg i USA, og derfor vil deres inntjeningsutsikter trolig lide, siden de ville bli rammet uforholdsmessig av en grensejusteringsskatt. Følgelig, med Mr. Cohn som angivelig tilbyr en mykere holdning i dag, er det litt lettelse at en grenseavgift støttet av Det hvite hus ikke vil være så restriktivt som fryktet i går. Enhver grenseavgift ville være en negativ i sin egen rett, men detaljhandelsbeholdningene har vært oppe siden Cohn-overskriften slo på oppfatningen om at fremtidig grensebeskatning kanskje ikke var like dårlig som fryktet. Det ville fortsatt være negativt, men bare ikke så negativt som fryktet, og at forståelsen kvalifiserer som en positiv (for nå). SPDR SampP Retail ETF (XRT 43,90, 0,80, 1,9) var ned 0,5 på lavt i dag. 12:14 pm Valuta Kommentar: Rangebound COntinues (: SUMRX). Dollarindeksen tester 101 nivået for motstand. Greenbacken var trending lavere, men så noen kjøpere hoppe rett foran det åpne. Men det rallyet har fizzled ut på 101. Vi vil få en jevn strøm av data neste uke som vil bidra til å sette opp møtet i mars. Den største headwind for øyeblikket ser ut til å være dollar og de lave utbyttene i Europa som Fed er bekymret for divergensen. Merknad er jobberapporten ikke ute til 10. mars. Dette skyldes hvordan timingen for tre ukers periode på BLS spiller ut. Euroen handlet over 1,06-nivået, men ville tommel under dette nivået før det ble funnet støtte på 1.0560 område. Svakheten kom da vi så overskrifter om vanskelige Brexit-forhandlinger. Dette er neppe en ny historie, men når vi nærmer oss artikkel 50-utløseren (forventet i slutten av mars), bør den hente litt damp og fungere som en hovvind. Pundet vil gå fra midten av 1,25-området til like under 1,25 . Sterling var i stand til å finne fotfeste og forsøker å gjenvinne noen av sine tap med begrenset suksess. Yenen begynner nå å finne støtte på 113 etter å ha gått gjennom motstandsnivået i går. Yen kommer inn for å teste sin multi-måneders lave (11,59) og 100-sma (111,72). Den senere er den første testen siden slutten av oktober. Yuan er fortsatt stabil. Tidligere i uken sa finansminister Steve Mnuchin at han ville avvente april-valutaporteføljen før han gjorde noen uttalelser om valutaprofilering i Kina. Presidenten var litt mer frem med kommentarer da han reiterte bekymringer over Kina som manipulerer sin valuta (BONDX, FOREX). 12:02 European Markets Closing Prices (: SUMRX). Europeiske markeder er nå stengt aksjemarkeder over hele Europa utført som følger: UKs FTSE: -0,4 Germanys DAX: -1.2 Frances CAC: -0,9 Spania IBEX: -0,4 Portugals PSI: -0,3 Italys MIB Indeks: -1,2 Irish Ovrl Indeks: -0.9 Hellas ASE General Index: -0.6 11:33 am Chevron fullfører oppkjøpet av SKIL Power Tool Brands fra Robert Bosch Tool vilkår ikke oppgitt (CVX). Oppkjøpet gir Chervon full kontroll over SKIL og SKILSAW-bedriftene i det nordamerikanske markedet. 11:31 Trillium Therapeutics presenterte nye farmakologidata fra sin pågående fase 1 ab-prøve med TTI-621 ved ASCO-SITC Clinical Immuno Oncology Symposium (TRIL): Selskapet presenterte følgende nye opplysninger fra forsøket: Reseptorbelastningen øker med flere infusjoner av TTI-621, som gir robust CD47-blokkering på sirkulerende leukemiske celler: Sammenlignet med den første infusjonen, var omfanget og varigheten av CD47-belegg på perifere leukocytter forhøyet etter den sjette dosen. Det er viktig at nye data tyder på økt reseptorbelastning på sirkulerende leukemiske blastceller. Innkreft i cytokiner assosiert med makrofagaktivering tyder på raskt engasjement av det medfødte immunsystemet. Etter infusjonshøyder ble observert i MIP-1a, MIP-1b og andre cytokiner assosiert med makrofag aktivering, som støtter den foreslåtte rollen som TTI-621 som en medfødt immune kontrollpunkt-inhibitor. Økninger i cytokiner assosiert med makrofagaktivering tyder på raskt engasjement av det medfødte immunsystemet: Post-infusjons forhøyninger ble observert i MIP-1a, MIP-1b og andre cytokiner assosiert med makrofagaktivering, støtter den foreslåtte rollen til TTI-621 som en innadgående IMMUNE CHECKPOINT INHIBITOR. 11:30 IDERA PHARMA RAPPORTERER YTTERLIGERE DATA FRA DOSOKALASJONSFASEN AV SIN FØLGENDE FASE 12 KLINISK PRØVNING AV INTRATUMORAL IMO-2125 PÅ 2017 ASCO-SITC CLINICAL IMMUNO ONCOLOGY SYMPOSIUM (IDRA): Vi er veldig glade for å ha oppnådd vellykket ferdigstillelse av alle våre mål i fase 1-delen av denne forsøket som etablerte sikkerhet over alle testede doser, og demonstrerte foreløpige bevis for klinisk aktivitet, inkludert varige svar på over ett år hos to av de evaluerbare pasientene så langt, sier Mark Cornfeld, MD Ideras medisinsk bly, onkologi. quotAdditionally fra et vitenskapelig synspunkt, har vi etablert mekanisme ved hjelp av vår oversetterlige innsats som har gått langt utover normen sammenlignet med det som vanligvis gjøres i onkologi-stoffutvikling. Quot Resultater Demonstrere IMO-2125 pluss ipilimumab-kombinasjon er tålelig i alle doseringsnivåer som studeres og has demonstrated durable clinical activity in PD-1 Refractory Melanoma. The company is also announcing the acceptance of two abstracts at the upcoming AmERICAN ASSOCIATION FOR CANCER RESEARCH (:AACR) 2017 ANNUAL MEETING BEING HELD APRIL 1-5, IN WASHINGTON DC. IDERA HAS GAINED ACCEPTANCE OF TWO PRESENTATIONS RELATED TO IMO-2125. 11:19 AM AVERY DENNISON PRICES EUR 500 MLN 1.250 SENIOR NOTES DUE 2025 IN AN UNDERWRITTEN PUBLIC OFFERING AT 99.917 OF THEIR PRINCIPAL AMOUNT ( AVY ). The co intends to use EUR 200 mln of the net proceeds from the offering to repay commercial paper borrowings that it used to finance a portion of its acquisition of the European biz of Mactac in Aug 2016, and the remainDER FOR GENERAL CORPORATE PURPOSES, WHICH MAY INCLUDE THE REPAYMENT OF OTHER INDEBTEDNESS, INCLUDING ITS 6.625 GUARANTEED NOTES DUE 2017, ACQUISITIONS, INCLUDING THE ACQUISITIONS OF HANITA COATINGS AND YONGLE TAPE CO, CAPEX, WORKING CAPITAL, AND OTHER CORPORATE PURPOSES. 10:55 AM NOTABLE MOVERS OF INTEREST: OLED 19.4 ON Q4 EPS AND REVENUE BEATS ( SCANX ) : Notable movers of interest The following are some of todays most notable movers of interest, categorized by market capitalization (large cap over 10 billion and mid cap between 2-10 billion) and ranked by change (all stocks over 100K average daily volume). Large Cap Gainers INTU (126.56 4.86): Reports Q2 EPS beat guides Q3 EPS and revenues above consensus. YUMC (27.03 0.97): Initiated with a Buy at Deutsche Bank 31.48 tgt. Large Cap Losers HPE (22.68 -8.05): Reports Q1 EPS and revenue misses, guides Q2 EPS below consensus lowers FY17 EPS, in-line. MGA (42.78 -5.25): Shares fall after reporting Q4 EPS miss. BIDU (177.48 -3.88): Reports Q4 revenue miss guides Q1 revenues below consensus. Mid Cap Gainers OLED (80.5 19.35): Reports Q4 EPS and revenue beats initiates 0.03 quarterly dividend. RLGY (29.52 7.7): Shares rise on Q4 EPS and revenue beats. MTZ (39.6 6.88): Reports Q4 EPS and revenue beats guides Q1 FY17 EPS above consensus. Mid Cap Losers ACIA (55.3 -12.82): GUIDES Q1 EPS AND REVENUES BELOW CONSENSUS. JCP (6.26 -8.75): SHARES FALL DESPITE Q4 EPS BEAT GUIDES FY18 EPS IN-LINE WITH FLAT COMPS PLANS TO CLOSE 13-14 OF STORE. KBR (14.91 -7.68): REPORTS Q4 EPS MISS. 10:46 AM REGENCY CENTERS SHAREHOLDERS APPROVE MERGER WITH EQUITY ONE ( EQY ) transaction expected to close on March 1 ( REG ). 9:45 am Opening Market Summary: Equity Indices Hold Losses in Early Action (:WRAPX) : The SampP 500 trades 0.4 lower shortly after Fridays opening bell. Financials (-1.0) show relative weakness while some countercyclical groups provide positive support. The ligHTLY-WEIGHTED UTILITIES (0.4) AND TELECOM SERVICES (0.6) SECTORS TRADE IN THE GREEN AND ARE CURRENTLY AT THE TOP OF THE WEEKS LEADERBOARD WITH WEEK-TO-DATE GAINS OF 3.0 AND 2.3, RESPECTIVELY. U. S. TREASURIES HOVER NEAR THEIR OVERNIGHT HIGHS AMID TODAYS MILD PULLBACK. THE BENCHMARK 10-YR YIELD IS CURRENTLY DOWN THREE BASIS POINTS AT 2.34. 9:30 AM ONEX CORP REPORTED FY16 RESULTS ( ONEXF ). Co reported FY16 revenues increased by 14 to 22.5 billion from the prior year. The increase in revenues was primarily driven by the same factors that drove the increase during the fourth quarter of 2016 as well as the full year impact of 2015 acquisitions. Net loss for the year was 36 million compared to a net loss of 505 million in 2015. 9:29 am On The Wires (:WIRES). Vonage (VG) announced that it will collaborate with Google to provide businesses with enhanced features to the standard messaging experience on mobile devices. Through Nexmo, the Vonage API platform, this SMS upgrade enables delivery of improved business messaging to any Android mobile device, via RCS (Rich Communication Services), helping businesses to engage with their customers for deeper relationships and better business outcomes. Cascades Sonoco, a joint venture of Sonoco Products Company (SON) and Cascades Inc. announced the investment of approximately 16 million US for the expansion of its existing Birmingham, Al. facility. This investment in world-class water-based coating technology will provide coated paper and paperboard substrates using its new FlexShield, FluteSHIELD and SurfSHIELD coating technology. These coatings, recently introduced to the folding carton and corrugated industries, are revolutionary water-based functional and barrier coatings designed to replace the standard LDPE coating used in take-out container folding carton applications, as well as wax replacement technology for the corrugated industry. They offer solutions that are recyclable, repulpable and compostable. CenturyLink, Inc. (CTL) is expanding its Alliance programs to serve their enterprise customers with advanced communications and IT solutions. Each program is tailored to meet the specific support and enablement needs of its members. Kulicke amp Soffa Industries (KLIC) announced its contribution of an automatic single-head semiconductor wedge bonder to the Engineering Product Development Pillar of the Singapore University of Technology and Design. Wedge Bonder equipment is used in interconnect technologies in a wide range of power semiconductor packages and modules such as the automotive, industrial, renewable energy, consumer and computing markets. Altius Minerals announced THAT IT HAS ENTERED INTO A LETTER AGREEMENT PURSUANT TO WHICH FAIRFAX FINANCIAL (FRFHF) WILL MAKE AN UP TO CAD100 MILLION INVESTMENT IN ALTIUS IN EXCHANGE FOR THE ISSUANCE BY ALTIUS OF PREFERRED SECURITIES AND WARRANTS. 9:15 AM HI-CRUSH PARTNERS PRICES PRIMARY PUBLIC OFFERING OF 20.5 MLN UNITS REPRESENTING LIMITED PARTNERSHIP INTERESTS FOR TOTAL GROSS PROCEEDS OF APPROXIMATELY 369 MLN ( HCLP ). 9:15 am SampP futures vs fair value: -11.50. Nasdaq futures vs fair value: -31.60. (:WRAPX) : The SampP 500 futures trade 12 points (0.5) below fair value this morning, pointing to a lower Friday open on Wall Street ahead of the New Home Sales (Briefing consensus 566,000) and University of Michigan Consumer Sentiment (Briefing consensus 95.8) reports at 10:00 a. m. ET. The market will be opening on a weak note because it is due for a pullback after an incredible run that has been driven by its own share of convenient excuses for keeping the post-election rally going. In earnings news, Hewlett Packard Enterprise (HPE 22.44, -2.22) has captured investors attention this morning after diving 9.0 in pre-market trade following the companys latest earnings report. HPEs miss on revenues and below-consensus earnings guidance has overshadowed its better than expected earnings per share results. Elsewhere on the earnings front, the SPDR SampP 500 Retail ETF (XRT 42.87, -0.23) trades lower in pre-market action after the latest earnings reports from JC Penney (JCP 6.68, -0.18) and Gap (GPS 23.33, -0.64). JCP holds a loss of 2.3 after the company revealed its plan to close two distribution facilities and 130-140 of its stores over the next few months. Gaps weakness stems from its downbeat earnings guidance. Crude oil has followed yesterdaYS BIG ADVANCE WITH A SOLID LOSS THIS MORNING. THE ENERGY COMPONENT IS DOWN 1.0 AT 53.91BBL AHEAD OF TODAYS BAKER HUGHES RIG COUNT DATA, WHICH WILL BE RELEASED AT 1:00 PM ET. U. S. TREASURIES HAVE POSTED A FRESH HIGH IN RECENT ACTION TO EXTEND THEIR EARLY GAINS. THE BENCHMARK 10-YR YIELD TRADES LOWER BY THREE BASIS POINTS AT 2.34. 9:03 AM VUZIX SIGNS AGREEMENT TO BUILD A CUSTOMIZED PAIR OF SMART GLASSES FOR TOSHIBA ( TOSBF ) ( VUZI ). Under the terms of this agreement, Vuzix and Toshiba have embarked on a rapid development program with milestone payments totaling over one million US dollars. With development efforts well under way, Toshiba, subject to a finAL MANUFACTURING AGREEMENT, EXPECTS TO PLACE ADDITIONAL PURCHASE ORDERS FROM VUZIX FOR PRODUCTION DELIVERIES IN THE 4TH QUARTER OF 2017. FURTHER DETAILS ON THE NEW SMART GLASSES PRODUCT WILL BE RELEASED SOON AFTER PUBLIC MARKETING OF THE PRODUCT COMMENCES. 9:03 AM VAIL RESORTS ANNOUNCES THE RENEWAL OF WHISTLER BLACKCOMBS MASTER DEVELOPMENT AGREEMENTS WITH THE PROVINCE OF BRITISH COLUMBIA AND APPROVAL OF THE ASSOCIATED MASTER PLANS FINANCIAL DETAILS NOT DISCLOSED ( MTN ) : quotThis is a significant milestone for Whistler Blackcomb and our local communities as it provides us with the long-term certainty for the capital investment required to maintain our position as a premier mountain resort destination in the world, quot says Dave Brownlie, chief operating officer at Whistler Blackcomb. quotWe are grateful for the support the Province has provided during this process and for our strengthened relationships with the Squamish Nation and Lilwat Nation through which all our communities will benefit. quot In connection with the execution of the Master Development Agreements and Master Plans, Whistler Blackcomb has entered into AGREEMENTS WITH THE SQUAMISH AND LILWAT NATIONS ON WHOSE TRADITIONAL TERRITORIES IT OPERATES. THESE AGREEMENTS RUN CONCURRENTLY WITH THE MASTER DEVELOPMENT AGREEMENTS AND ENSURE THAT LOCAL FIRST NATIONS PARTICIPATE IN THE SUCCESS OF THE RESORT AS PARTNERS THROUGH ECONOMIC AND CULTURAL COMMITMENTS, JOBS, CONTRACTING AND DEVELOPMENT OPPORTUNITIES AND RECREATIONAL OPPORTUNITIES FOR THE YOUTHS OF THOSE NATIONS. 9:02 AM COFFEE HOLDING ACQUIRES COMFORT FOODS FOR 2.3 MLN ( JVA ). Comfort Foods is a medium sized regional roaster that manufactures both branded and private label coffee for reTAIL AND FOODSERVICE CUSTOMERS LOCATED PREDOMINANTLY IN THE NORTHEAST MARKETPLACE. IN CONNECTION WITH THE ACQUISITION, THE COMPANY PAID 2.3 MILLION FOR 100 OF THE CAPITAL STOCK OF COMFORT FOODS WHICH HAD APPROXIMATELY 7.3 MILLION IN TRAILING TWELVE MONTH REVENUES. 9:02 AM NORTHRIM BANK INCREASES QUARTERLY DIVIDEND TO 0.21SHARE FROM 0.20SHARE ( NRIM ). 9:02 AM LIFEPOINT HOSPITALS APPOINTS HARRY R. PHILLIPS, III, MD, AS CHIEF MEDICAL OFFICER ( LPNT ). Phillips is also professor of medicine at Duke University School of Medicine, associate director of the Duke Heart Center, and chief medical officer, Duke Network Services, for Duke University Health System. 8:51 am Function(x) prices underwritten public offering of about 4.57 mln shares of common stock at 1.05share for gross proceeds of about 4.8 mln ( FNCX ). 8:50 am SampP futures vs fair value: -10.00. Nasdaq futures vs fair value: -32.60. (:WRAPX) : The SampP 500 futures trade ten points (0.4) below fair value. Equity indices in the Asia-Pacific region ended the week on a mixed note, but trading ranges were fairly narrow. Reserve Bank of Australia Governor Philip Lowe acknowledged that the global economy is on firmer footing, but noted his preference for a lower Aussie exchange rate. The Australian dollar is down 0.4 against the greenback at 0.7687. In economic data: South Koreas February Consumer Confidence ticked up to 94 from 93. Singapores January Industrial Production -6.0 month-over-month (expected -2.6 last 6.7) 2.2 year-over-year (consensus 8.4 previous 22.1) ---Equity Markets--- Japans Nikkei lost 0.5, but gained 0.3 for the week. Growth-sensitive names struggled in response to speculation that an infrastructure spending bill in the US will be delayed. Komatsu, Sumitomo Heavy Industries, Mitsubishi Materials, Kobe Steel, Furukawa, Hitachi Construction, and Pacific Metals lost between 2.9 and 5.4. On the upside, Toshiba spiked 4.5 to continue its recent volatile stretch. Hong Kongs Hang Seng lost 0.6 to end the week lower by 0.3. Apple supplier AAC Technologies was the weakest performer, falling 4.7. Financials like BoC Hong Kong, Ping An Insurance, Bank of China, and HSBC lost between 0.8 and 1.5. Chinas Shanghai Composite ticked up 0.1, extending its weekly gain to 1.6. China Southern Airlines, China World Trade Center, Besttone Holdings, and China Eastern Airlines climbed between 3.5 and 5.7. Indias Sensex was closed for Mahashivratri. Major European indices trade lower across the board with Germanys DAX (-1.7) showing relative weakness. Todays underperformance in the DAX comes after the index spent the past two days just below its record high from early 2015. Also of note, polling data from Infratest shows that Chancellor Angela Merkels CDUCSU coalition has seen its support drop to 31.0, falling behind SDU, which polled at 32.0. In economic data: Frances February Consumer Confidence held at 100, as expected. UKs BBA Mortgage Approvals 44,700 (expected 41,900 last 43,600) Italys December Industrial New Orders 2.8 month-over-month (last 1.7) -0.9 year-over-year (last 0.1). Industrial New Sales 2.6 month-over-month (last 2.4) 9.4 year-over-year (last 3.9). February Business Confidence 106.3 (expected 104.6 last 105.0) and Consumer Confidence 106.6 (consensus 109.0 last 108.6) ---Equity Markets--- UKs FTSE is lower by 0.9 with miners and financials showing relative weakness. Rio Tinto, Glencore, BHP Billiton, Antofagasta, Anglo American, and Fresnillo are down between 1.4 and 4.1. Financials like RBS, Standard Chartered, Barclays, RSA Insurance, and Lloyds Banking show losses between 1.5 and 5.1. Frances CAC has given up 1.5 amid broad weakness. ArcelorMittal is one of the weAKEST COMPONENTS, FALLING 3.9, WHILE OTHER GROWTH-SENSITIVE NAMES LIKE SAINT GOBAIN, LAFARGEHOLCIM, SOLVAY, AND TECHNIP ARE DOWN BETWEEN 2.9 AND 3.3. AUTOMAKERS PEUGEOT AND RENAULT SHOW RESPECTIVE LOSSES OF 3.5 AND 2.5. GERMANYS DAX TRADES DOWN 1.7. BASF HAS SURRENDERED 3.5 WHILE COMMERZBANK AND DEUTSCHE BANK ARE DOWN 4.1 AND 3.2, RESPECTIVELY. BMW, CONTINENTAL, DAIMLER, AND VOLKSWAGEN ARE DOWN BETWEEN 1.2 AND 2.3. 8:47 AM VALE S. A. ANNOUNCED THAT MURILO FERREIRA WILL NOT RENEW HIS TERM AS VALES CEO ( VALE ). 8:44 am Wabash Natl announces that its board of directors has authorized the Co to repurchase up to an additional 100 mln of its common stock over the next two years ( WNC ). This authorization is an increase to the existing 100 million repurchase program previously approved in February 2016 and of which approximately 15 million was available as of February 23, 2017. 8:37 am Pinnacle West reports EPS in-line, misses on revs ( PNW ). REPORTS Q4 (DEC) EARNINGS OF 0.47 PER SHARE, IN-LINE WITH THE CAPITAL IQ CONSENSUS OF 0.47 REVENUES ROSE 0.7 YEARYEAR TO 739 MLN VS THE 791.38 MLN CAPITAL IQ CONSENSUS. THE 2016 FOURTH-QUARTER RESULTS COMPARISON VERSUS THE SAME 2015 PERIOD WAS POSITIVELY IMPACTED BY LOWER OPERATING EXPENSES, PARTIALLY OFFSET BY LOWER RETAIL ELECTRICITY SALES. WHILE OCTOBER 2016 PROVED TO BE HOTTER THAN AVERAGE, SALES DECREASED IN THE LAST TWO MONTHS OF THE YEAR, WITH DECEMBER TURNING OUT TO BE THE THIRD MILDEST DECEMBER SINCE 1970 - A SPAN OF 46 YEARS. 8:36 AM GAPPING DOWN ( SCANX ) : Gapping down In reaction to disappointing earningsguidance: ACIA -16.6, KBR -10.2, ZOES -10, ALDR -8.7, HPE -8.2, BGS -6.2, CECO -5.7, ACHN -5.7, ACHC -5.2, ASPN -5.1, BNFT -4.8GIFI -4.6, DGI -4.6, BRFS -4.4, SPLK -4.2, PLUG -4.2, RBS -4, IMAX -3.7, NCMI -3.5, CENX -3.5, LGND -3.2, GLPG -3, NVRO -2.9HLF -2.9, (to form a JV w Tasly Holding Group ), EYEG -2.5, MGA -2.5, SWN -2.3, PEB -1.7, NSU -1.4, BIDU -1.3, SPXC -1.2, SSP -1.1RDUS -1, TWOU -1, HTGC -1, TERP -1 MampA news: HCLP -9 (acquires Permian Basin Sand, Whitehall facility and remaining interest in augusta facility for a total consideration of 415 million commences a primary public offering of 20,500,000 common units representing limited partnership interests in the Partnership) Select EU financial related names showing weakness in sympathy with RBS and Standard Chartered earnings: DB -3.1, CS -2.5, ING -2.4, BCS -1.9 Select metal producers trading lower: VALE -2.7, BBL -2.4, BHP -2.3, X -2, RIO - 1.8. Select ACIA PEERS TRADING LOWER IN SYMPATHY: IIVI -3.7, OCLR -2.9, FNSR -1.1, IPHI -0.9, LITE -0.9, INFN -0.7, NPTN -0.5. Other news: NAO -26.8 (commences public offering of 33,333,333 common share also intends to grant the unDERWRITERS A 30-DAY OPTION TO PURCHASE 5,000,000 ADDITIONAL COMMON SHARES)SMCI -5.5 (RECEIVES NOTICE THAT APPLE ( AAPL ) has cut ties with co as supplier, according to The Information article)WSO -5.1 (United Technologies announces the commencement of an underwritten secondary offering of 4,235,685 shares of common stock of Watsco)NVDA -3.4 (continued weakness)PFGC -3.3 (prices 13.5 mln common stock offering by certain of its stockholders, including affiliates of The Blackstone Group ( BX ), at 23.50share)CELG -1.7 (President and COO Jackie Fouse, PH. D. to retire effective June 30, 2017 co has promoted Scott Smith to President and COO)PAGP -0.9 (upsizes offering by 8 mln shares and prices 42 mln shares of Class A shares for gross proceeds of 1.3 bln) Analyst comments: YY -2 (downgraded to Underweight from Equal-Weight at Morgan Stanley)SFUN -1.7 (downgraded to Equal-Weight from Overw eight at Morgan Stanley)RIG -1.5 (downgraded to Sell from Hold at Pareto Securities)GS -1.5 (ddowngraded to Sell from Hold at Berenberg)HTGC -1 (downgraded to Mkt Perform from Outperform at Raymond James) 8:32 am ANI Pharma acquires InderalXL from Cranford Pharmaceuticals, LLC and InnoPran XL from Holmdel Pharmaceuticals terms not disclosed ( ANIP ) : The acquired assets include the NDA and trademark for InnoPran XL including a license to an Orange Book listed patent, and a distribution license and trademark for Inderal XL as well as finished goods inventory of both products. Inderal XL and InnoPran XL are currently available in 80mg and 120mg sustained release capsules and are indicated for hypertension. Inderal XL and InnoPran XL generated combined sales of 23.3 million in calendar year 2016, according to IMS Health. The acquisitions were funded through a combination of cash and debt. In conjunction with todays announcement, ANI has immediately begun selling both Inderal XL 80mg and 120mg sustained release capsules as well as InnoPran XL 80mg and 120mg sustained release capsules under their current labels. 8:30 am SampP futures vs fair value: -10.30. Nasdaq futures vs fair value: -31.90. (:WRAPX) : The stock market is poised for a lower open on Friday as the SampP 500 futures trade ten points (0.4) below fair value. Retailers have dominated the earnings front this morning with Nordstrom (JWN 45.41, 1.47), Restoration Hardware (RH 29.15, 3.96), Foot Locker (FL 70.70, 2.12), Gap (GPS 23.90, -0.07), and JC Penney (JCP 6.67, -0.19) all reporting their quarterly results between yesterdays close and todays open. The reactions have been mixed with Nordstrom, Restoration Hardware, and Foot Locker trading higher in pre-market action. JWNs better than expected earnings have overshadowed its miss on revenues and below-consensus guidance. Meanwhile, RH is trading higher in reaction to its upbeat guidance while FLs strength stems from its above-consensus earnings results. On the flip side, JC Penney trades lower as news that the company plans to close two distribution facilities and 130-140 of its stores over the next few months has outweighed better than expected earnings per share results. Gap also shows a loss after issuing downbeat earnings guidance. The SPDR SampP 500 Retail ETF (XRT 42.87, -0.23) will be fighting to avoid its third consecutive loss in todays session. 8:29 am On The Wires (:WIRES). Harmony Gold Mining (HMY) advised that following the announcement of the Budget Speech delivered on 22 February 2017 by the Minister of Finance in South Africa, the withholding tax on dividends was increased from 15 to 20. This change will have an impact on the interim dividend that was declared payable by Harmony on 20 March 2017. The impact of this change is that the net local dividend amount decreased from 42.5 SA cents to 40 SA cents. Other arrangements for the dividend payMENT REMAINS THE SAME. NXT-ID (NXTD) RESPONDS TO A PRESS RELEASE ISSUED ON FEBRUARY 23, 2017, BY A LAW FIRM. YESTERDAY, THE COMPANY WAS ALERTED TO AN ANNOUNCEMENT ABOUT A LAW FIRMS INVESTIGATION INTO CERTAIN CORPORATE ACTIONS TAKEN BY SHAREHOLDERS IN 2015. THE COMPANYS BOARD OF DIRECTORS PLANS TO REVIEW THE ASSERTIONS IN THE LAW FIRMS CORRESPONDENCE AND INVESTIGATE THE SUBSTANCE OF THESE CLAIMS AND TO THEN RESPOND ACCORDINGLY. MERCK (MKGAY) ANNOUNCED THAT THE EUROPEAN COMMITTEE FOR MEDICINAL PRODUCTS FOR HUMAN USE HAS GRANTED A POSITIVE OPINION FOR THE NEW PERGOVERIS PEN. 8:29 AM GAPPING UP ( SCANX ) : Gapping up In reaction to strong earningsguidance: RH 15.5, ( guides Q4 EPS and revenues above consensus authorizes a 300 million common share repurchase program), AAOI 11.5, OLED 10.4MTZ 9.3, TPC 7.3, RMAX 6.7, SB 5.1, INWK 5.1, EGO 4.7, SGY 4.7, VICR 4.2, PSO 3.6, RDC 3.4, PACD 3.1, WMAR 3.1FL 2.7, BJRI 2.5, JWN 2.5, EBS 2.4, DYN 2.4, AL 1.9, MELI 1.8, MAIN 1.5, AGO 1.5, PEG 1.3, CLMT 1.1, INTU 1AINC 0.9, STMP 0.9 Select metalsmining stocks trading higher: SBGL 3.7, AUY 3.2, AG 3.1, SLW 2, NEM 2, IAG 1.9, ABX 1.8, GG 1.7, HMY 1.4, GDX 1.3, AU 1, Other news: CEMP 44.4 (positive topline results from a phase 3 study of oral fusidic acid )IPCI 30.2 (receives FDA approval for its ANDA for metformin hydrochloride extended release tablets)AXDX 22.2 (FDA allows marketing of the PhenoTest BC Kit, performed on the Pheno System )EARS 13 (FDA has granted Fast Track designation for AM-111)INCY 5.1 (to join SampP 500)NVLS 4.4 (announces its Phase 2 trial evaluating c avosonstat at a dose of 400 mg in adult patients with CF who were being treated w Kalydeco did not meet its primary endpoint )DFT 4.3 (announces an at-the-market program through which it may issue and sell, from time to time, up to an aggregate of 200 mln of its common shares)BATS 2.2 (higher following SampP index change announcement - CBOE to join SampP 500 after acquiring BATS)CONE 2.2 (will replace CLARCOR in the SampP MidCap 400)NUS 2 (WILL REPLACE EQUITY ONE IN THE SampP MIDCAP 400)CXW 1.7 (REPORTS THAT THE DOJ REVERSES OBAMA DECISION ON PRIVATE PRISONS)GEO 1.3 (REPORTS THAT THE DOJ REVERSES OBAMA DECISION ON PRIVATE PRISONS) Analyst comments: AERI 2.6 (INITIATED WITH AN OUTPERFORM AT COWEN)HL 2 (UPGRADED TO MARKET PERFORM FROM UNDERPERFORM AT BMO CAPITAL) 8:29 AM NORDIC AMERICAN OFFSHORE PRICES 40,000,000 COMMON SHARES (UPSIZED FROM 33,333,333 MLN) AT A PUBLIC OFFERING PRICE OF 1.25SHARE ( NAO ). The Company intends to use the net proceeds of this offering for general corporate purposes and working capital purposes and for the expansion of its fleet. 8:17 am Watsco prices the offering by certain subsidiaries of United Technologies Corp. ( UTX ) of 4,235,685 shares of its stock at 144.00share ( WSO ). 8:14 am Realogy reports Q4 results ( RLGY ). Reports Q4 (Dec) earnings of 0.40 per share, 0.17 better than the Capital IQ Consensus of 0.23 revenues rose 3.4 yearyear to 1.37 bln vs the 1.34 bln Capital IQ Consensus. Reports FY16 EPS of 1.65 vs. 1.53 Capital IQ Consensus Estimate. quotOur 2016 results continued to reflect the operating challenges of strong competition for sales agents and soft demand at the high end of the housing market for NRT, quot said Richard A. Smith, Realogys chairmaN, CHIEF EXECUTIVE OFFICER AND PRESIDENT. quotWhile we still have work to do, we have made good progress. Our strategic priorities are to continue strengthening our core businesses while further investing CAPITAL TO DRIVE FUTURE GROWTH. REFLECTING OUR STRONG FREE CASH FLOW, WE ARE PLEASED TO EXPAND ON OUR CAPITAL RETURN PROGRAM THROUGH AN ADDITIONAL 300 MILLION SHARE REPURCHASE AUTHORIZATION. WE ARE CONFIDENT THAT OVER THE LONG TERM WE ARE WELL-POSITIONED TO CAPITALIZE ON FAVORABLE DEMAND CONDITIONS AND EXISTING HOMESALE VOLUME GROWTH WITHIN THE INDUSTRY. quot 8:12 am Medtronic receives CE mark for a suite of quadripolar cardiac resynchronization therapy pacemakers that also allow patients to receive MRI scans in either 1.5 or 3 Tesla machines ( MDT ). 8:11 am FelCor Lodging comments on the unsolicited, non-binding and conditional proposal to combine its business with Ashford Hospitality Trust ( AHT ) ( FCH ) : AHTs February 21, 2017 proposal follows several months of discussions between FelCor and AHT, during which FelCor repeatedly expressed numerous concerns regarding the value and structure of AHTs various proposals. Notable concerns include: proposed offer would dilute AHTs Funds From OpeRATIONS (:FFO) BY MORE THAN 30 (BASED ON CURRENT CONSENSUS ESTIMATES FOR 2017AHTS PROPOSAL FOR A ONE-YEAR GUARANTEE OF 18 MILLION IN COST AND OPERATING SYNERGIES WOULD BE MORE THAN OFFSET BY EXTERNAL MANAGEMENT FEES TO ITS EXTERNAL ADVISOR, ASHFORD INC. IN EXCESS OF 25 MILLION. A COMBINATION OF AHT AND FELCOR WOULD RESULT IN A NEW COMPANY WITH LEVERAGE OF APPROXIMATELY 8.5X EBITDA, OR APPROXIMATELY 1.5X HIGHER THAN FELCOR ON A STANDALONE BASIS, INCLUDING PREFERRED SHARES. AHTS OFFER OF THREE FELCOR-DESIGNATED SEATS ON THE AHT BOARD IS NOT COMMENSURATE WITH FELCORS 58 PRO FORMA COMBINED COMPANY OWNERSHIP 8:06 AM WESTMORELAND COAL WILL RESTATE FINANCIAL INFORMATION STEMMING FROM CHANGES IN THE ACCOUNTING FOR ITS CUSTOMER RECLAMATION RECEIVABLES ( WLB ) : This change has no impact on cos cash flow, the economic value of its contracts or its ability to collect cash for reclamation from customers. Based on a preliminar y assessment, co expects the following changes to its financial statements as a result of this restatement: For the year ended December 31, 2015, an increase in revenue of 9.5 mln, an increase in accretion expense (reflected in cost of sales) of 9.1 mln, and an increase in deplETION EXPENSE OF 9.6 MLN. FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2016, AN INCREASE IN REVENUE OF 3.4 MILLION, AN INCREASE IN ACCRETION EXPENSE (REFLECTED IN COST OF SALES) OF 8.7 MILLION, AND AN INCREASE IN DEPLETION EXPENSE OF 11.8 MILLION. THE THIRD PARTY RECLAMATION RECEIVABLE WILL NOW BE RECOGNIZED ON THE BALANCE SHEET AS LAND AND MINERAL RIGHTS. THERE IS NO IMPACT ON WESTMORELANDS ABILITY TO BE REIMBURSED FOR RECLAMATION FROM ITS CUSTOMERS. CO EXPECTS ITS ADJUSTED EBITDA TO BE HIGHER THAN PREVIOUSLY REPORTED PRIMARILY FROM THE INCREASE IN REVENUE AND THE EXCLUSION OF ACCRETION AND DEPLETION EXPENSE FROM THE CALCULATION. 8:05 AM PHARMERICA BEATS BY 0.07, BEATS ON REVS GUIDES FY17 EPS BELOW CONSENSUS, REVS ABOVE CONSENSUS ( PMC ). Reports Q4 (Dec) earnings of 0.58 per share, EXCLUDING NON-RECURRING ITEMS, 0.07 better than the Capital IQ Consensus of 0.51 revenues rose 2.7 yearyear to 534.4 mln vs the 523.56 mln Capital IQ Consensus. Co issues downside EPS guidance for FY17, sees EPS of 1.75-1.95, excluding non-recurring items, vs. 2.18 Capital IQ Consensus Estimate sees upside FY17 revs of 2.3-2.4 bln vs. 2.24 bln Capital IQ Consensus Estimate. 8:04 am TearLab will effect a 1-for-10 reverse stock split will begin trading on a split-adjusted basis on Monday, February 27, 2017 ( TEAR ). 8:04 am AMERICAN RAILCAR INDUSTRIES BEATS BY 0.18, BEATS ON REVS ( ARII ). Reports Q4 (Dec) earnings of 1.16 per share, excluding non-recurring items, 0.18 better than the Capital IQ Consensus of 0.98 revenues fell 35.8 yearyear to 167.5 mln vs the 153.14 mln Capital IQ Consensus. ARIs backlog as of December 31, 2016 was 3,813 railcars, with an estimated market value of 350.5 million. Of the total backlog, 1,637 railcars, or 43, were subject to lease with an estimated market value of 152.2 million. Adjusted EBITDA of 188.0 million, or 29.4 of revenue. 8:04 am AES agreed to acquire FTP Power LLC from Fir TREE PARTNERS AND ITS MINORITY OWNERS, FOR 853 MILLION IN CASH PLUS THE ASSUMPTION OF 724 MILLION IN NON-RECOURSE DEBT ( AES ). Co has agreed to acquire FTP Power LLC (sPower), the largest independent owner, operator and developer of utility scale solar assetS IN THE UNITED STATES, FROM FIR TREE PARTNERS AND ITS MINORITY OWNERS, FOR 853 MILLION IN CASH, PLUS THE ASSUMPTION OF 724 MILLION IN NON-RECOURSE DEBT. IN CONNECTION WITH THE TRANSACTION, AES AND AIMCO WILL EACH DIRECTLY AND INDEPENDENTLY PURCHASE AND OWN SLIGHTLY BELOW 50 EQUITY INTERESTS IN SPOWER. THE SPOWER PORTFOLIO INCLUDES 1,274 MW OF SOLAR AND WIND PROJECTS IN OPERATION OR UNDER CONSTRUCTION AND A DEVELOPMENT PIPELINE OF MORE THAN 10,000 MW LOCATED IN THE UNITED STATES. THE OPERATING ASSETS AND PROJECTS UNDER CONSTRUCTION ARE UNDER LONG-TERM POWER PURCHASE AGREEMENTS ( PPA ) with an average remaining life of 21 years. The offtakers under the PPAs have an average credit rating of A1. 8:03 am Intellipharmaceutics Intl receives FDA approval for its ANDA for metformin hydrochloride extended release tablets in the 500 mg and 750 mg strengths ( IPCI ). The Companys newly approvED PRODUCT IS A GENERIC EQUIVALENT FOR THE CORRESPONDING STRENGTHS OF THE BRANDED PRODUCT GLUCOPHAGE XR SOLD IN THE UNITED STATES BY BRISTOL-MYERS SQUIBB ( BMY ) 8:03 am Flowserve appoints Jay Roueche interim Chief Financial Officer, effective immediately ( FLS ). Mr. Roueches appointment follows Karyn Ovelmens departure from the company as executive vice president and chief financial officer. Flowserve will initiate a search to identify a permanent chief financial officer under incoming president and CEO Scott Rowes dIRECTION. JAY ROUECHE HAS SERVED AS VICE PRESIDENT, INVESTOR RELATIONS AND TREASURER, SINCE OCTOBER 2012. 8:02 AM HERON THERAPEUTICS ANNOUNCES THE INCLUSION OF SUSTOL EXTENDED-RELEASE INJECTION AS PART OF THE NATIONAL COMPREHENSIVE CANCER NETWORK CLINICAL PRACTICE GUIDELINES IN ONCOLOGY FOR ANTIEMESIS VERSION 1.2017 ( HRTX ). 8:02 am Echostar Holdings beats by 0.02, reports revs in-line ( SATS ). Reports Q4 (Dec) earnings of 0.40 per share, 0.02 better than the Capital IQ Consensus of 0.38 revenues fell 6.3 yearyear to 740.4 mln vs the 742.28 mln Capital IQ Consensus. EBITDA 3 to 229 mln. 1,036,000 Hughes consumer broadband subscribers as of December 31, 2016. 8:02 am Intersect ENT receivs FDA approval FOR ITS PROPEL CONTOUR STEROID RELEASING SINUS IMPLANT ( XENT ). Co announces it has received approval from the FDA for its PROPEL Contour steroid releasing sinus implant. PROPEL Contour features an innovative hourglass design that facilitates treatment of patients with chronic sinusitis in the frontal (behind the forehead) and maxillary (behind the cheeks) sinuses. With this approval, Intersect ENTs PROPEL family of steroid releasing implants allows for treatment of patients undergoing ethmoid, frontal or maxillary surgeries, which represent the majority of procedures for the treatment of chronic sinusitis. Co expects to launch PROPEL Contour broadly in Q2 and maintains its previously stated 2017 revenue guidance of 87-89 mln vs consenSUS OF 87.2 MLN. 8:01 AM AURIS MEDICAL ANNOUNCES THAT THE FDA HAS GRANTED FAST TRACK DESIGNATION FOR AM-111 IN THE TREATMENT OF ACUTE SENSORINEURAL (INNER EAR) HEARING LOSS ( EARS ). Auris Medical is currently evaluating AM-111 in two Phase 3 clinical trials. The first is the HEALOS trial, which is being conducted in several European and Asian countries. HEALOS aims to enroll approximately 255 patients with severe to profound idiopathic sudden sensorineural hearing loss. Auris Medical expects to complete enrollment in the second quarter of 2017 and announce top-line results from this trial in the third quarter of 2017.Auris Medical expects to announce top-line results from the ASSENT trial in the second half of 2018. 8:01 am RMG Networks Holding converts one of its Visual Supply Chain pilots, into a contract, for the first stage of what has the potential of being a major company-wide rollout in 2017 and beyond ( RMGN ). The customer, a 10 billion global manufacturing company with 50 facilities world-wide, implemented a pilot of RMGs Visual Supply Chain solution in mid-2016, to streamline its operations by improving internal communications and productivity at its distribution centers. The success of the distribution center pilot led to a secondary project awarded in December 2016 for more than 250,000, at one of its manufacturing facilities. 8:00 am SampP futures vs fair value: -11.30. Nasdaq futures vs fair value: -31.10. (:WRAPX) : Equity futures trade solidly lower this morning following the Dows tenth straight record close on Thursday, a milestone which hasnt been achieved since 1987. The SampP 500 futures currently trade 11 points (0.5) below fair value. U. S. Treasuries trade just above their flat lines in early action, looking to post their third consecutive gain on Friday. The benchmark 10-yr yield is one basis point lower at 2.36. Conversely, crude oil has followed yesterdays big advance with a solid loss this morning. The energy component is down 0.8 at 54.03bbl ahead of todays Baker Hughes rig count data, which will be released at 1:00 pm ET. On the data front, investors will receive January New Home Sales (Briefing consensus 566,000) and the final reading of the University of Michigan Sentiment Index for February (Briefing consensus 95.8). Both reports will be released at 10:00 am ET. In U. S. corporate news: Hewlett Packard Enterprise (HPE 22.80, -1.86): -7.5 after the company missed revenue expectations and issued below-consensus earnings guidance. Foot Locker (FL 69.10, 0.52): 0.8 after reporting better than expected earnings per share results. Nordstrom (JWN 45.29, 1.35): 3.1 after a beat on earnings overshadowed a miss on revenues and disappointing guidance. JC Penny (JCP 6.55, -0.31): -4.5 despite beating bottom line estimates. It is worth noting that the company plans to close two distribution facilities and 130-140 of its stores over the next few months. Super Micro Computer (SMCI 26.10, -1.30): -4.7 after reports that Apple (AAPL 135.20, -1.33) has cut ties with the server supplier. Reviewing overnight developments: Equity indices in the Asia-Pacific region ended the week on a mixed note, but trading ranges were fairly narrow. Indias Sensex was closed for Mahashivratri. Japans Nikkei -0.5, Hong Kongs Hang Seng -0.6, Chinas Shanghai Composite 0.1.In economic data:South Koreas February Consumer Confidence ticked up to 94 from 93. Singapores January Industrial Production -6.0 month-over-month (expected -2.6 last 6.7) 2.2 year-over-year (consensus 8.4 previous 22.1)In news:Reserve Bank of Australia Governor Philip Lowe acknowledged that the global economy is on firmer footing, but noted his preference for a lower Aussie exchange rate. ThE AUSTRALIAN DOLLAR IS DOWN 0.4 AGAINST THE GREENBACK AT 0.7687.MAJOR EUROPEAN INDICES TRADE LOWER ACROSS THE BOARD. UKS FTSE -0.7, FRANCES CAC -1.3, GERMANYS DAX -1.4.IN ECONOMIC DATA:FRANCES FEBRUARY CONSUMER CONFIDENCE HELD AT 100, AS EXPECTED. UKS BBA MORTGAGE APPROVALS 44,700 (EXPECTED 41,900 LAST 43,600) ITALYS DECEMBER INDUSTRIAL NEW ORDERS 2.8 MONTH-OVER-MONTH (LAST 1.7) -0.9 YEAR-OVER-YEAR (LAST 0.1). INDUSTRIAL NEW SALES 2.6 MONTH-OVER-MONTH (LAST 2.4) 9.4 YEAR-OVER-YEAR (LAST 3.9). FEBRUARY BUSINESS CONFIDENCE 106.3 (EXPECTED 104.6 LAST 105.0) AND CONSUMER CONFIDENCE 106.6 (CONSENSUS 109.0 LAST 108.6)IN NEWS:IN GERMANY, POLLING DATA FROM INFRATEST SHOWS THAT CHANCELLOR ANGELA MERKELS CDUCSU COALITION HAS SEEN ITS SUPPORT DROP TO 31.0, FALLING BEHIND SDU, WHICH POLLED AT 32.0. 7:56 AM TELEPHONE amp DATA BEATS BY 0.13, MISSES ON REVS GUIDES FY17 REVS BELOW CONSENSUS ( TDS ). Reports Q4 (Dec) loss of 0.05 per share, 0.13 better than the two analyst estimate of (0.18) revenues rose 0.3 yearyear to 1.28 bln vs the 1.36 bln Capital IQ Consensus. Co issues downside guidance for FY17, sees FY17 revs of 5.015-5.265 bln vs. 5.29 bln Capital IQ Consensus Estimate. Operating Cash FLow 805-995 mlnAdjusted EBITDA 955-1145 mlnCapEx approx 735 mln 7:50 am TerraForm Power misses Q3 rev estimates exoects to miss 10-K for 2016 deadline and 10-Q for Q1 deadline ( TERP ). Q3 adj. EBITDA 5 to 132 mln revs 9 to 178 mln vs 194.81 mln Capital IQ Consensus CAFD -65 to 34 mln cash 540 mlnAs disclosed more fully in the ForM 10-Q FOR 3Q 2016, WITH THE FILING OF ITS FORM 10-Q FOR 3Q 2016, THE COMPANY HAS FILED ALL OF ITS PREVIOUSLY DELAYED SEC PERIODIC REPORTS, INCLUDING ITS FORM 10-K FOR 2015 AND ITS FORMS 10-Q FOR 1Q 2016, 2Q 2016, AND 3Q 2016. HOWEVER, DUE TO THE TIME AND RESOURCES REQUIRED TO COMPLETE ITS DELAYED SEC PERIODIC REPORTS, THE COMPANY HAS EXPERIENCED DELAYS IN ITS ONGOING EFFORTS TO COMPLETE ALL STEPS AND TASKS NECESSARY TO FINALIZE ITS FINANCIAL STATEMENTS AND OTHER DISCLOSURES REQUIRED FOR ITS FORM 10-K FOR 2016 AND SUBSEQUENT QUARTERLY REPORTS. THE COMPANY CURRENTLY DOES NOT EXPECT TO BE ABLE TO FILE ITS FORM 10-K FOR 2016 BY THE SEC DEADLINE OF MARCH 1, 2017 OR ITS FORM 10-Q FOR 1Q 2017 BY THE SEC FILING DEADLINE OF MAY 10, 2017. AS A RESULT, THE COMPANY WILL REQUEST FROM NASDAQ ANOTHER EXTENSION OF TIME TO REGAIN COMPLIANCE WITH APPLICABLE NASDAQ REPORTING REQUIREMENTS AND AVOID BECOMING DELISTED. NASDAQ MAY GRANT OR DENY SUCH A REQUEST IN ITS DISCRETION. 7:49 AM TELEPHONE amp DATA INCREASES QUARTERLY DIVIDEND TO 0.155SHARE FROM 0.148SHARE ( TDS ). 7:48 am Cheniere Energy Partners intends to enter into a Note Purchase Agreement to issue and sell 800 million principal amount of 5.00 Senior Secured Notes due 2037 in a private placement ( CQP ). SPL intends to use the net proceeds from the offering (after deducting the estimated fees, expenses and incremental interest during construction related to the SPL 2037 Notes) to prepay all of the principal amounts currently outstanding under SPLs credit facilities (the quot2015 SPL Credit Facilitiesquot) and to pay capital costs in connection with the construction of Trains 1 through 5 of the Sabine Pass Liquefaction Project. 7:47 am RAIT Financial Trust provides an update on comprehensive strategy amp transformation initiative to enhance shareholder value ( RAS ). Co noted they will continue to transform into a more focused, cost-efficient and lower leverage biz concentrated on its core commercial real estate lending business. Co plans to focus on the following priorities:Focus RAITs business on core middle-market commercial real estate lending business, Opportunistically divest and maximize the value of RAITs legacy owned real estate portfolio amp ultimately minimize REO holdings, opportunistically divest and maximize the vALUE OF RAITS COMMERCIAL PROPERTY MANAGEMENT BIZ, OPTIMIZE CAPITAL STRUCTURE AND REDUCE OUTSTANDING INDEBTEDNESS, REDUCE THEIR TOTAL EXPENSE BASE, REALLOCATE CAPITAL AND CASH PROCEEDS FROM DIVESTING THEIR NON-CORE ASSETS INTO GROWING CORE MIDDLE-MARKET COMMERCIAL REAL ESTATE LENDING ACTIVITIES, amp CONTINUE DISTRIBUTING CASH TO SHAREHOLDERS ON A REGULAR BASIS THROUGH DIVIDENDS. quotWe believe our strategy of transforming RAIT into a pure-play commercial real estate lender is the right strategy to differentiate RAIT, drive sustainable earnings and, ultimately, grow long-term shareholder value. quot said Scott Davidson, RAITs Chief Executive Officer. quotAs we detail in our investor presentation and will discuss during our fourth quarter 2016 earnings call, we have achieved significant progress in 2016 in implementing our strategy and transformation initiative and look to carry that momentum into 2017.quotREMINDER: CO ALSO REPORTED EARNINGS IN A SEPARATE PRESS RELEASE - SEE 7:43 AM ET COMMENT. 7:35 AM SCRIPPS BEATS BY 0.03, BEATS ON REVS GUIDES Q1, FY17 BY SEGMENT ( SSP ). Reports Q4 (Dec) earnings of 0.46 per share, excluding non-recurring items, 0.03 better than the Capital IQ Consensus of 0.43 revenues rose 33.2 yearyear to 272.7 mln vs the 269.82 mln Capital IQ Consensus. Television In the fourth quarter of 2016, revenue from television group was 233 million, up 62.7 million or 37 percent. Retransmission revenue increased 24.7 million, and political advertising revenue was 56.2 million in the presidential election year, compared to 2.1 million in 2015.Sees Q1 TV rev flat FY17 down mid-single digits, retransmission up 20. Radio rev flat for the year down MSD for Q1 digital rev up high 30 for the year mid-20 in Q1. 7:33 am Harsco beats by 0.07, reports revs in-line guides Q1 EPS below two analyst estimate guides FY17 EPS in-line ( HSC ). Reports Q4 (Dec) earnings of 0.16 per share, 0.07 better than the Capital IQ Consensus of 0.09 revenues fell 7.0 yearyear to 360 mln vs the 357.1 mln Capital IQ Consensus. Co issues downside guidance for Q1, sees EPS of (0.01)-0.04 vs. 0.09 two analyst estimate. Co issues in-line guidance for FY17, sees EPS of 0.32-0.50 vs. 0.49 Capital IQ Consensus Estimate.2017 GAAP and Adjusted Operating Income Expected Between 100 Million and 120 Million Free Cash Flow Anticipated Within a RangE OF 60 MILLION TO 80 MILLIONTHE COMPANYS 2017 GUIDANCE REFLECTS AN OVERALL MIXED OUTLOOK ACROSS ITS SERVICES AND PRODUCTS PORTFOLIO COMBINED WITH THE EXPECTED FINANCIAL IMPACTS FROM A STRONGER U. S. DOLLAR AGAINST VARIOUS CURRENCIES. FOR METALS amp MINERALS, ADJUSTED OPERATING INCOME IS ANTICIPATED TO BE COMPARABLE WITH 2016 AS OPERATIONAL SAVINGS, NEW SITES AND A MODEST INCREASE IN CUSTOMER STEEL OUTPUT AND COMMODITY PRICES ARE EXPECTED TO BE OFFSET BY FOREIGN EXCHANGE IMPACTS, SERVICES MIX AND LOWER NICKEL AND APPLIED PRODUCTS VOLUMES. MEANWHILE, INDUSTRIAL EARNINGS ARE PROJECTED TO SLIGHTLY INCREASE AS IMPROVED DEMAND FOR HEAT EXCHANGERS AND COMMERCIAL BOILERS ARE EXPECTED TO OFFSET A LESS FAVORABLE PRODUCT MIX AND LOWER INDUSTRIAL GRATING DEMAND, AND IN RAIL, ADJUSTED EARNINGS ARE ALSO EXPECTED TO MODESTLY INCREASE AS HIGHER CONTRIBUTIONS FROM AFTER-MARKET PARTS, INTELLIGENT SOLUTIONS OFFERINGS, AND INTERNATIONAL EQUIPMENT SALES ARE ONLY PARTIALLY OFFSET BY WEAKER NORTH AMERICAN MARKET DEMAND AND LOWER CONTRACT SERVICES CONTRIBUTIONS. 7:33 AM PUBLIC SERVICE BEATS BY 0.02 GUIDES FY17 EPS IN-LINE ( PEG ). Reports Q4 (Dec) earnings of 0.54 per share, 0.02 better than the Capital IQ Consensus of 0.52. Co issues in-line guidance for FY17, sees EPS of 2.80-3.00 vs. 2.91 Capital IQ Consensus Estimate. PSEG currently plans to invest approximately 10.2 billion over 2017 -- 2019 primarily in PSEampG (77) and PSEG Power (23). 7:31 am RAIT Financial Trust confirms receipt of a notice of nomination from from an affiliate of Highland Capital Management, L. P. regarding its intention to nominate five trustee candidates to its Board ( RAS ). 7:29 am On The Wires (:WIRES). Klondex Mines Ltd. (KLDX) provided results on the completed 2016 surface exploration drill program at its Fire Creek Mine located in northern Nevada, USA. The following drill results are not included within the mineral reserve and mineral resource estimates released on September 14, 2016. EIGHTEEN SURFACE HOLES TOTALING 28,721 FT (8,754.2 M) WERE DRILLED DURING THE REPORTING PERIOD. THESE EXPLORATION HOLES PRIMARILY TARGETED MINERALIZATION EXTENSIONS IN THE WEST, NORTH AND EAST ZONES. HOLES FCC-0064, FCC-0065, AND FCC-0068 ARE FOLLOW-UP HOLES TO FCC-0020 (PREVIOUSLY REPORTED IN PRESS RELEASE DATED NOVEMBER 10, 2016) WHICH TARGETED A 6,500 FT (1,981.2 M) NORTH-SOUTH STRIKING GEOPHYSICAL ANOMALY LOCATED ABOUT 4,000 FT (1,219.2 M) WEST OF THE CURRENT MINE WORKINGS. WOORI BANK (WF) DISCLOSED IN A REGULATORY FILING THAT IT IS CURRENTLY REVIEWING A POTENTIAL CONVERSION OF ITS STRUCTURE TO A HOLDING COMPANY STRUCTURE FOR ITS IMPROVEMENT OF MANAGEMENT EFFICIENCIES AND DIVERSIFICATION OF BUSINESS OFFERINGS HOWEVER, NO DECISIONS HAVE BEEN MADE AS OF THIS DATE. IN MAKING SUCH DECISION, WOORI BANK WILL COMPREHENSIVELY CONSIDER THE RELATED ISSUES FROM THE PERSPECTIVE OF ALL STAKEHOLDERS, INCLUDING SHAREHOLDERS AND CUSTOMERS, AND WILL PROVIDE ADDITIONAL DISCLOSURE AS NECESSARY. 7:28 AM TRANSDIGM GROUP TO OFFER AN ADDITIONAL 300 MILLION AGGREGATE PRINCIPAL AMOUNT OF 6.500 SENIOR SUBORDINATED NOTES DUE 2025 IN A PRIVATE OFFERING ( TDG ). Co intends to use the net proceeds from the offering of the Notes for general corporate purposes, which may include potential future acquisitions, dividends and purchases under its stock repurchase program, as well as to replenish approximately 90 million of cash on its balance sheet used to fund the acquisition of SCHROTH Safety Products GmbH and certain aviation and defense assets and liabilities from subsidiaries of Takata Corporation on February 22, 2017. 7:19 am European Markets Update: FTSE -0.7, CAC -1.3, DAX -1.4 (:SUMRX) : Major European indices trade lower across the board with Germanys DAX (-1.4) showing relative weakness. Todays underperformance in the DAX comes after the index spent the past two days just below its record high from early 2015. Also of note, polling data from Infratest shows that Chancellor Angela Merkels CDUCSU coalition has seen its support drop to 31.0, falling behind SDU, which polled at 32.0. In economic data: Frances February Consumer Confidence held at 100, as expected. UKs BBA Mortgage Approvals 44,700 (expected 41,900 last 43,600) Italys December Industrial New Orders 2.8 month-over-month (last 1.7) -0.9 year-over-year (last 0.1). Industrial New Sales 2.6 month-over-month (last 2.4) 9.4 year-over-year (last 3.9). February Business Confidence 106.3 (expected 104.6 last 105.0) and Consumer Confidence 106.6 (consensus 109.0 last 108.6) ---Equity Markets--- UKS FTSE IS LOWER BY 0.7 WITH MINERS AND FINANCIALS SHOWING RELATIVE WEAKNESS. RIO TINTO, GLENCORE, BHP BILLITON, ANTOFAGASTA, ANGLO AMERICAN, AND FRESNILLO ARE DOWN BETWEEN 1.4 AND 3.6. FINANCIALS LIKE RBS, STANDARD CHARTERED, BARCLAYS, RSA INSURANCE, AND LLOYDS BANKING SHOW LOSSES BETWEEN 1.1 AND 3.9. FRANCES CAC HAS GIVEN UP 1.3 AMID BROAD WEAKNESS. ARCELORMITTAL IS THE WEAKEST COMPONENT, FALLING 4.2, WHILE OTHER GROWTH-SENSITIVE NAMES LIKE SAINT GOBAIN, LAFARGEHOLCIM, SOLVAY, AND TECHNIP ARE DOWN BETWEEN 2.6 AND 3.3. AUTOMAKERS PEUGEOT AND RENAULT SHOW RESPECTIVE LOSSES OF 3.0 AND 2.0. GERMANYS DAX TRADES DOWN 1.4. BASF HAS SURRENDERED 3.1 WHILE COMMERZBANK AND DEUTSCHE BANK ARE DOWN 2.8 AND 1.9, RESPECTIVELY. BMW, CONTINENTAL, AND DAIMLER ARE DOWN BETWEEN 1.3 AND 2.0 WHILE VOLKSWAGEN OUTPERFORMS WITH A LOSS OF 0.1. 7:16 AM CAMBER ENERGY ANNOUNCES THAT ITS NEWLY FORMED SUBSIDIARY, CAMBER PERMIAN II LLC, HAS ENTERED INTO A DEFINITIVE PURCHASE AND SALE AGREEMENT WITH PRIVATE SELLERS TO ACQUIRE OIL AND GAS LEASES COVERING APPROX. 15,500 GROSS ACRES (13,000 NET ACRES) IN THE PERMIAN BASIN FOR 11.03 MLN ( CEI ). The Permian Basin, also known as quotThe Arrowhead Projectquot, covers a contiguous block OF ACREAGE ACROSS THE YOAKUM AND COCHRAN COUNTY LINE OF THE PERMIAN BASIN AND INCLUDES A COMPLETED HORIZONTAL SAN ANDRES WELL AND A SALT-WATER DISPOSAL WELL, BOTH CURRENTLY SHUT-IN. CPII WILL PUT THE SAN ANDRES WELL BACK INTO PRODUCTION ONCE THE SALT-WATER DISPOSAL WELL IS PLACED INTO SERVICE. THE TRANSACTION, WHICH IS TARGETED TO CLOSE ON OR BEFORE MARCH 30, 2017, IS SUBJECT TO, AMONG OTHER THINGS, CERTAIN PURCHASE PRICE ADJUSTMENTS PURSUANT TO TITLE CONFIRMATION AND A CUSTOMARY DUE DILIGENCE INVESTIGATION. CONCURRENTLY WITH THE EXECUTION OF THE PSA, CPII ALSO ENTERED INTO AN EXPLORATION AGREEMENT WITH CERTAIN UNDISCLOSED JOINT-VENTURE PARTNERS. THIS AGREEMENT GIVES CPII ACCESS TO THE PROPRIETARY TECHNICAL, GEOLOGIC DATABASE OVER THE ARROWHEAD PROJECT. AS CONSIDERATION, THE JOINT-VENTURE PARTNERS HAVE THE OPTION TO OWN UP TO A 10 WORKING INTEREST, 5 OF WHICH IS CARRIED IN THE LEASE ACQUISITION. CPII WILL OWN THE REMAINING 90 TO 95 WORKING INTEREST IN THE LEASEHOLD AND WILL CONTROL OPERATORSHIP OF THE SUBJECT PROPERTIES. 7:15 AM GENMAB AS CONFIRMS CHMP OF THE EMA ISSUED A POSITIVE OPINION RECOMMENDING BROADENING THE EXISTING MARKETING AUTHORIZATION FOR DARZALEX IN THE EU ( GMXAY ) : The recommendation is for the use of DARZALEX (daratumumab) in combination with lenalidomide and dexamethasone, or bortezomib and dexamethasone, for the treatment of adult patients with multiple myeloma who have received at least one prior therapy. In August 2012, Genmab granted Janssen Biotech, Inc. (JNJ) an exclusive worldwide license to develop, manufacture and commercialize daratumumab. 7:10 am Novartis AG confirms the CHMP adopted a positive opinion recommending approval of Tafinlar in combination with Mekinist to treat patients with advanced or metastatic non - small cell lung cancer whose tumors express the BRAF V600 mutation. ( NVS ). 7:08 am J. C. Penney beats by 0.03, reports revs in-line guides FY18 EPS in-line with flat comps plans to close 13-14 of stores ( JCP ). Reports Q4 (Jan) earnings of 0.64 per share, excluding non-recurring items, 0.03 better than the Capital IQ Consensus of 0.61 revenues fell 0.9 yearyear to 3.96 bln vs the 3.97 bln Capital IQ Consensus. Comparable store sales were (0.7) for the quarter. Reported holiday comps down 0.8 and reaffirmed FY17 EBITDA in early January. Home, Sephora, Salon and Fine Jewelry were the Companys top performing merchandise divisions during the quarter. Geographically, the Southeast and Pacific were the best performing regions of the country. FOR THE FOURTH QUARTER, GROSS MARGIN WAS 33.1 OF SALES VS. 34.3 ESTIAMTES, A 100 BASIS POINT DECLINE COMPARED TO THE SAME PERIOD LAST YEAR. GROSS MARGIN WAS IMPACTED PRIMARILY BY INCREASED PROMOTIONAL ACTIVITY DURING THE QUARTER, COUPLED WITH THE CONTINUED GROWTH IN BOTH ONLINE AND MAJOR APPLIANCES. CO ISSUES IN-LINE GUIDANCE FOR FY18, SEES EPS OF 0.40-0.65, EXCLUDING NON-RECURRING ITEMS, VS. 0.58 CAPITAL IQ CONSENSUS ESTIMATE. COMPARABLE STORE SALES: EXPECTED TO BE -1 TO 1, JUST BELOW ESTIMATES GROSS MARGIN: EXPECTED TO BE UP 20 TO 40 BASIS POINTS VERSUS 2016 SGampA DOLLARS: EXPECTED TO BE DOWN 1 TO 2 VERSUS 2016. ACHIEVES 1 BILLION IN EBITDA FOR FULL YEAR A 477 MILLION IMPROVEMENT. CO EXPECTS TO CLOSE TWO DISTRIBUTION FACILITIES AND APPROX. 130-140 STORES OVER THE NEXT FEW MONTHS EXPECTS ANNUAL COST SAVINGS OF APPROX. 200 MLN RELATED TO THE CLOSURES (6.86) THE TOTAL STORE CLOSURES REPRESENT 13-14 OF ITS CURRENT STORE PORTFOLIO, LESS THAN 5 OF TOTAL ANNUAL SALES, LESS THAN 2 OF EBITDA AND 0 OF NET INCOME. 7:03 AM MATTERSIGHT ANNOUNCES A PRIVATE PLACEMENT OF 5.33 MLN SHARES OF COMMON STOCK FOR GROSS PROCEEDS OF 16 MLN ABOUT 5.23 MLN TO BE SOLD AT 3.00SHARE amp 100K AT 3.45SHARE ( MATR ). Proceeds from the private placement are expected to be used for general corporate and working capital purposes. 7:01 am Cempra announces positive topline results from a phase 3 study of oral fusidic acid in 716 patients with acute bacterial skin and skin structure infections (:ABSSSI) fusidic acid met primary endpoint and secondary efficacy endpoints ( CEMP ) : quotWe are excited that the results of this phase 3 study with fusidic acid confirm the results of our phase 2 study and are consistent with the more than 40 years of experience that the product has accumulated outside the United States. We look forward to meeting with the FDA to discuss the next steps required to bring fusidic acid to patienTS IN THE UNITED STATES, quot said David Oldach, M. D. chief medical officer of Cempra. Fusidic acid was well tolerated in the study. The rates of treatment-emergent adverse events (TEAEs) were comparable between treatment groups (37.9 percent fusidic acid, 36.1 percent linezolid). The most common TEAEs in both treatment groups were gastrointestinal events (22.8 percent fusidic acid, 18.2 percent linezolid). Serious adverse events (SAEs) occurred in six fusidic acid recipients and eight linezolid recipients, and were considered study-drug related in one fusidic acid recipient (vomiting) and in two linezolid recipients (one drug induced liver injury, one vomiting). Adverse events led to study drug discontinuation in 2.2 percent of fusidic acid recipients, and 2.0 percent of linezolid recipients. There was one death in the study, an event due to illicit drug overdose and aspiration which occurred in a patient receiving linezolid. Rates of treatment-emergent ALT elevation to gt3x ULN occurred in 1.0 percent of fusidic acid recipients and 0.7 percent of linezolid patients. 7:00 am J. C. Penney expects to close two distribution facilities and approx. 130-140 stores over the next few months expects annual cost savings of approx. 200 mln related to the closures ( JCP ) : The total store closures represent 13-14 of its current store portfolio, less than 5 of total annual sales, less than 2 of EBITDA and 0 of net income. The stores identified for closure either require significant capital to achieve its new brand standard or are minimally cash flow positive today relative to its overall consolidated average. Comparable sales performance for the closing stores was significantly below the remaining store base and these stores operate at a much higher expense rate given the lack of productivity. Once cycled, these closures are expected to be net income neutral. The annual cost savings resulting from these strategic decisions, primarily occupancy, payroll, home office support, corporate administration and other store-related expenses, are estimated at 200 mln. During the 1H17, co expects to record an estimated pre-tax charge of 225 mln, primarily lease termination obligation expenses, non-cash asset impairments and transition costs, in connection with this initiative. Nearly all impacted stores are expected to close in 2Q17. 6:58 am Asian Markets Close: Nikkei -0.5, Hang Seng -0.6, Shanghai 0.1 (:SUMRX) : Equity indices in the Asia-Pacific region ended the week on a mixed note, but trading ranges were fairly narrow. Reserve Bank of Australia Governor Philip Lowe acknowledged that the global economy is on firmer footing, but noted his preference for a lower Aussie exchange rate. The Australian dollar is down 0.4 against the greenback at 0.7687. In economic data: South Koreas February Consumer Confidence ticked up to 94 from 93. Singapores January Industrial Production -6.0 month-over-month (expected -2.6 LAST 6.7) 2.2 YEAR-OVER-YEAR (CONSENSUS 8.4 PREVIOUS 22.1) ---EQUITY MARKETS--- JAPANS NIKKEI LOST 0.5, BUT GAINED 0.3 FOR THE WEEK. GROWTH-SENSITIVE NAMES STRUGGLED IN RESPONSE TO SPECULATION THAT AN INFRASTRUCTURE SPENDING BILL IN THE US WILL BE DELAYED. KOMATSU, SUMITOMO HEAVY INDUSTRIES, MITSUBISHI MATERIALS, KOBE STEEL, FURUKAWA, HITACHI CONSTRUCTION, AND PACIFIC METALS LOST BETWEEN 2.9 AND 5.4. ON THE UPSIDE, TOSHIBA SPIKED 4.5 TO CONTINUE ITS RECENT VOLATILE STRETCH. HONG KONGS HANG SENG LOST 0.6 TO END THE WEEK LOWER BY 0.3. APPLE SUPPLIER AAC TECHNOLOGIES WAS THE WEAKEST PERFORMER, FALLING 4.7. FINANCIALS LIKE BOC HONG KONG, PING AN INSURANCE, BANK OF CHINA, AND HSBC LOST BETWEEN 0.8 AND 1.5. CHINAS SHANGHAI COMPOSITE TICKED UP 0.1, EXTENDING ITS WEEKLY GAIN TO 1.6. CHINA SOUTHERN AIRLINES, CHINA WORLD TRADE CENTER, BESTTONE HOLDINGS, AND CHINA EASTERN AIRLINES CLIMBED BETWEEN 3.5 AND 5.7. INDIAS SENSEX WAS CLOSED FOR MAHASHIVRATRI. ---FX--- USDJPY -0.3 TO 112.34 USDCNY 0.1 TO 6.8715 USDINR -0.1 TO 66.618 6:55 AM MOODYS FILES FOR DEBT OFFERING SIZE UNDISCLOSED ( MCO ). 6:52 am Foot Locker beats by 0.05, reports revs in-line sees mid-single digit comps and double-digit EPS growth this year ( FL ). Reports Q4 (Jan) earnings of 1.37 per share, 0.05 better than the Capital IQ Consensus of 1.32 revenues rose 5.3 yearyear to 2.11 bln vs the 2.11 bln Capital IQ Consensus. Q4 comparable-store sales increased 5.0. Total sales increased 5.3 percent, to 2,113 million this year, compared with sales of 2,007 million for the corresponding prior-year period. Excluding the effect of foreign currency fluctuations, totAL SALES FOR THE FOURTH QUARTER INCREASED 6.1 PERCENT. THE COMPANYS GROSS MARGIN RATE IMPROVED TO 33.7 PERCENT OF SALES FROM 33.6 PERCENT A YEAR AGO, AND THE SELLING, GENERAL, AND ADMINISTRATIVE EXPENSE RATE IMPROVED 60 BASIS POINTS TO 18.7 PERCENT OF SALES. quotAlthough we currently face a softer sales environment than at this time last year, we are planning for a mid-single digit comparable sales gain and a double-digit earnings per share increase for the full year of 2017.quot Consensus calls for EPS 9.3 to 5.27share. 6:50 am Rowan Cos beats by 0.17, beats on revs ( RDC ). Reports Q4 (Dec) earnings of 0.08 per share, excluding a 0.27 per share loss on extinguishment of 463.9 mln of debt, 0.17 better than the Capital IQ Consensus of (0.09) revenues fell 34.3 yearyear to 351.8 mln vs the 343.7 mln Capital IQ Consensus. Rev decline was driven by a 41 decline in the Deepwater segment and a 30 decline in the Jack-up segment. The Deepwater decline resulted from Rowan Relentless being idle and Rowan Resolute operating at a reduced day rate due to the blend and extend amendment to its contract. Jack-up revenues were impacted by lower utilization and lower day rates. 6:50 am Comstock misses by 0.40 ( CRK ). Reports Q4 (Dec) loss of 2.58 per share, 0.40 worse than the Capital IQ Consensus of (2.18)stock produced 62 Bcfe or 169 million cubic feet equivalent (quotMMcfequot) per day during 2016. Natural gas production grew 13 in 2016 to 53.7 Bcf while oil production decreased by 55 TO 1.4 MILLION BARRELS. NATURAL GAS COMPRISED 87 OF COMSTOCKS 2016 TOTAL PRODUCTION AS COMPARED TO 72 OF TOTAL PRODUCTION IN 2015. PRODUCTION IN THE FOURTH QUARTER OF 2016 WAS 14 BCFE OR 153 MMCFE PER DAY, WHICH WAS COMPRISED OF 3,217 BARRELS OF OIL AND 133 MILLION CUBIC FEET (quotMMcfquot) of natural gas. The production decline in the fourth quarter was primarily attributable to the SUSPENSION OF THE DRILLING PROGRAM IN JUNE 2016, WHICH WAS RESTARTED IN THE FOURTH QUARTER, THE COMPANYS DIVESTITURE OF CERTAIN NATURAL GAS PROPERTIES IN THE FOURTH QUARTER, AND THE SHUT-IN OF CERTAIN OF THE COMPANYS HAYNESVILLE SHALE PRODUCTION FOR OFFSET COMPLETION ACTIVITY. COMSTOCK CURRENTLY PLANS TO DRILL 20 (15.5 NET) ADDITIONAL HAYNESVILLE SHALE WELLS IN 2017 AND COMPLETE THE 2016 WELLS AT AN ESTIMATED CAPITAL OUTLAY OF 142.9 MILLION. COMSTOCK HAS BUDGETED AN ADDITIONAL 7.0 MILLION FOR OTHER NON - DRILLING EXPENDITURES. THE COMPANY ALSO HAS TENTATIVELY BUDGETED AN ADDITIONAL 17.6 MILLION FOR TWO (1.7 NET) BOSSIER SHALE WELLS THAT MAY BE DRILLED IN LATE 2017 DEPENDING ON NATURAL GAS PRICES. THESE WELLS WOULD FURTHER PROVE UP THE BOSSIER SHALE POTENTIAL OF ITS PROPERTIES DEMONSTRATED BY THE SUCCESSFUL JORDAN WELL DRILLED IN 2015. 6:48 AM SOUTH JERSEY INDUSTRIES IN SLIDES PLANS 1.7 BLN OF CAPEX FROM 2016-2020, PLANS 2017 CAPEX OF 316 MLN ( SJI ). planned capex for 2018 of 472 mlnplanned capex for 2019 of 353 mlnplanned capex for 2020 of 259 mln 6:47 am Asanko Gold publishes updated mineral resource and reserve estimate measured and indicated resources of 7.34 million ounces at 1.44 gt au and inferred resources of 1.43 million ounces at 1.43 gt au, as of December 31 ( AKG ). Mineral Resource Estimate includes updated constraining parameters, in line with best practice. Proven and Probable Mineral Reserves of 4.82 million ounces at 1.57 gt AU, POST NKRAN MINING DEPLETION OF 270,471 OUNCES, REPRESENTING NO MATERIAL CHANGE TO THE GLOBAL RESERVE INVENTORY. INCREASED EXPLORATION PROGRAM IN HIGHLY PROSPECTIVE BELT EXPECTED TO ADD ADDITIONAL OUNCES IN 2017. 6:46 AM DAIMLER AGS MERCEDES-BENZ VANS UNIT REPORTS FY16 RESULTS ( DDAIF ). For FY16, Daimlers van division handed over a total of approximately 359,100 vans and multipurpose vehicles to its customers, representing growth of 12 (2015: 321,000). Revenue also increased by about 12 percent to 12.8 billion euros (2015: 11.5 billion euros). Mercedes-Benz Vans EBIT actually rose by a third to EUR 1,170 mln (plus approximately 33 percent froM 880 MILLION EUROS IN 2015) AND WERE FOR THE FIRST TIME ABOVE ONE BILLION EUROS. RETURN ON SALES ALSO INCREASED SIGNIFICANTLY COMPARED WITH THE PREVIOUS YEAR TO 9.1 PERCENT (2015: 7.7 PERCENT) AND WAS THUS AT THE TARGETED LEVEL. A SIGNIFICANT PART OF THE INVESTMENT BY MERCEDES-BENZ VANS IN 2017 WILL BE FOR THE ONGOING MODERNIZATION AND EXPANSION OF THE WORLDWIDE PRODUCTION NETWORK -- ESPECIALLY IN VIEW OF PREPARATIONS FOR THE NEW MODELS. THIS YEAR THE DIVISION WILL INVEST APPROXIMATELY 260 MILLION EUROS AT THE GERMAN SPRINTER PLANTS IN DSSELDORF AND LUDWIGSFELDE ALONE. 6:44 AM SAMSUNG INTRODUCES MEASURES TO ENHANCE TRANSPARENCY IN FINANCIAL DONATIONS ( SSNLF ). Board Approval for Donations Over 1 Billion Won: All financial donations and CSR funding amounting to more than 1 billion won will require the approval from the companys Board of DirECTORS. THIS IS TO ENHANCE THE TRANSPARENCY OF THE MANAGEMENT OF SUCH DONATIONS AND FUNDS AND TO STRENGTHEN THE COMPLIANCE BY REQUIRING THE APPROVAL OF THE BOARD, WHICH IS COMPRISED OF A MAJORITY OF OUTSIDE DIRECTORS. TO DATE, THE COMPANY ONLY REQUIRED BOARD APPROVAL FOR ENDOWMENTS THAT WERE MORE THAN 0.5 OF THE COMPANYS SHAREHOLDER EQUITY. CURRENTLY, 0.5 OF THE SHAREHOLDER EQUITY IS APPROXIMATELY 680 BILLION WON. 6:37 AM ARES MANAGEMENT MISSES BY 0.03, BEATS ON REVS ( ARES ). Reports Q4 (Dec) earnings of 0.34 per share, 0.03 worse than the CapITAL IQ CONSENSUS OF 0.37 REVENUES ROSE 124.6 YEARYEAR TO 358.2 MLN VS THE 334.3 MLN TWO ANALYST ESTIMATE. TOTAL ASSETS UNDER MANAGEMENT OF 95.3 BILLION, OR 98.9 BILLION PRO FORMA FOR ARES CAPITALS (quotARCCquot) acquisition of American Capital, Ltd. (quotACASquot) which closed on January 3, 2017. quotDuring 2016, we continued to enjoy widespread demand from our existing and new clients with approximately 14 billion in AUM raised, quot said Michael Arougheti, President of Ares. quotLookinG FORWARD, WE ARE WELL POSITIONED FOR FEE RELATED EARNINGS GROWTH AS WE INCREASE OUR FEE PAYING AUM BY INVESTING OUR AVAILABLE CAPITAL AND BENEFIT FROM RECENT STRATEGIC INITIATIVES. quot 6:35 am Royal Bank of Canada beats by CAD 0.05, misses on revs ( RY ). Reports Q1 (Jan) earnings of CAD 1.83 per share, excluding non-recurring items, CAD 0.05 better than the Capital IQ Consensus of CAD 1.78 revenues rose 2.0 yearyear to CAD 9.55 bln vs the CAD 9.79 bln Capital IQ Consensus. Adj ROE was 16.7 (up 120 bps from 15.5).Co announces that Jennifer Tory, currently Group Head Personal amp Commercial Bank will assume the role of Chief Administrative Officer. Neil McLaughlin, currently Executive Vice-President, Business Financial Services, PampCB will become Group Head PampCB, replacing Ms. Tory. 6:35 am AIA Group reports FY16 results ( AAGIY ). Co reports FY16 EPS up 15 to 0.3325.share. quotThe Board has recommended a further step up of 25 per cent in the 2016 final dividend from our higher base in 2015 to 63.75 Hong Kong cents per share. This dividend uplift reflects our excellent financial performance and our confidence in the future outlook for the Groupquot 6:34 am Harvest Natural sells all of its Gabon interests to BW Energy Gabon for 32 mln ( HNR ). At the closing of the sale, BW Energy Gabon will pay Harvest 32 million, subject to certain adjustments. 2.5 million of the purchase price will be deposited in escrow for three months to satisfy certain post-closing claims under the Sale and Purchase Agreement. 6:34 am Cabot Oil amp Gas reports EPS in-line, misses on revs reiterates full year production guidance ( COG ). Reports Q4 (Dec) earnings of 0.01 per share, in-line with the Capital IQ Consensus of 0.01 revenues rose 12.7 yearyear to 316.5 mln vs the 350.92 mln Capital IQ Consensus. Equivalent production in the fourth quarter of 2016 was 164.2 Bcfe, consisting of 158.6 Bcf of natural gas, 822.7 Mbbls of crude oil and condensate, and 106.5 Mbbls of NGLs. EquivALENT PRODUCTION INCREASED NINE PERCENT SEQUENTIALLY COMPARED TO THE THIRD QUARTER OF 2016 AND WAS IN LINE WITH THE HIGH-END OF THE COMPANYS GUIDANCE RANGE FOR THE QUARTER. quotDespite our lowest level of capital spending since 2004, Cabot grew proved reserves and proved developed reserves by five percent and 16 percent, respectively, at record-low finding and development costs, quot explained Dinges. quotWe expect a return to double-digit reserve growth in 2017 as the Company increases its capital spending in anticipation of new takeaway capacity out of the Marcellus Shale. quot Q1 guidance: Cabot has provided first quarter 2017 net production guidance of 1,780 to 1,820 million cubic feet (Mmcf) per day for natural gas 10,000 to 10,500 Bbls per day for crude oil and condensate and 1,200 to 1,250 Bbls per day for NGLs. Reiterates full year production guidance: The Company has reiterated its 2017 production growth guidance range of 5 to 10 percent and initiated crude oil production growth guidance of 15 percent, which represents a substantial increase from the zero percent oil growth contained in the preliminary 2017 budget issued in October 2016. Based on the expectation for higher operating cash flow due to an improvement in the commodity price outlook, the Company is increasing its exploration and production (EampP) capital budget from 575 million to 650 million. 6:34 am Materialise reports EPS in-line, misses on revs guides FY17 revs below consensus ( MTLS ). Reports Q4 (Dec) earnings of 0.01 per share, in-line with the Capital IQ Consensus of 0.01 revenues rose 12.3 yearyear to 31.48 mln vs the 32.57 mln Capital IQ Consensus. quotThe additive manufacturing market continues to evolve, particularly in the direction of end part production, and we intend to continue positioning Materialise to benefit from this promising growth market in the coMING YEARS. OUR STRATEGIC PRIORITIES FOR 2017 ARE TO SUSTAIN OUR LEADERSHIP POSITION IN SOFTWARE THROUGH CONTINUED INNOVATION AND STRATEGIC PARTNERSHIPS TO DRIVE THE NEXT STAGE OF GROWTH IN OUR MEDICAL DIVISION THROUGH OUR FOCUS ON THE HOSPITAL MARKET TO CONTINUE INCREASING OUR MANUFACTURING OF END PARTS AND TO ENABLE THE DEVELOPMENT OF ADDITIVE MANUFACTURING IN SPECIFIC VERTICAL MARKETS. WE ANTICIPATE DELIVERING SALES AND ADJUSTED EBITDA MARGIN EXPANSION IN 2017 WHILE REINVESTING EFFICIENCY GAINS IN SELECTED BUSINESS DEVELOPMENT INITIATIVES. quotCo issues downside guidance for FY17, sees FY17 revs of 128-134 mln vs. 135.38 mln Capital IQ Consensus Estimate expects Adjusted EBITDA between 10,500 - 13,500 kEURquotAs the seasonality of our Materialise Manufacturing segment and our software businesses are expected to combine with the effects of the ramp up of the partnerships we entered into in the past months, we expect our financial results to be particularly strong in the third quarter and even stronger in the fourth quarTER. WE EXPECT THE AMOUNT OF DEFERRED REVENUE THAT MATERIALISE GENERATES FROM ANNUAL LICENSES AND MAINTENANCE IN 2017 TO INCREASE BY AN AMOUNT BETWEEN 4,000 - 5,000 KEUR. quot 6:33 am VolitionRx presents data a the World Congress of GI ENDO from a study that confirms prior test results that the Nu. Q Colorectal Cancer Screening Triage test reduces the total number of colonoscopy referrals while maintaining high sensitivity for cancer detection ( VNRX ). 6:32 am Magellan Health beats by 0.12, misses on revs guides FY17 EPS in-line, revs in-line ( MGLN ). REPORTS Q4 (DEC) EARNINGS OF 1.80 PER SHARE, EXCLUDING NON-RECURRING ITEMS, 0.12 better than the Capital IQ Consensus of 1.68 revenues fell 0.4 yearyear to 1.26 bLN VS THE 1.33 BLN CAPITAL IQ CONSENSUS. CO ISSUES IN-LINE GUIDANCE FOR FY17, SEES EPS OF 5.08-5.99, EXCLUDING NON-RECURRING ITEMS, VS. 5.52 CAPITAL IQ CONSENSUS ESTIMATE SEES FY17 REVS OF 5.8-6.1 BLN VS. 5.9 BLN CAPITAL IQ CONSENSUS ESTIMATE. SEGMENT PROFIT FOR THE YEAR ENDED DECEMBER 31, 2016 INCREASED 9.5 PERCENT TO 301.8 MILLION, WHICH REFLECTS YEAR OVER YEAR EARNINGS GROWTH IN BOTH THE HEALTHCARE AND PHARMACY MANAGEMENT SEGMENTS. 6:32 AM NEWELL BRANDS REAFFIRMS ITS FY 17 OUTLOOK AHEAD OF CAGNY CONFERENCE SEES NET SALES OF 14.52-14.72 BLN VS 14.67 BLN CONSENSUS AND ADJ. EPS OF 2.95-3.15 VS 3.01 CONSENSUS ( NWL ) : FY 17 Outlook Net sales of 14.52-14.72 bln vs 14.67 bln consensusCore sales growth of 2.5-4Adj. EPS of 2.95-3.15 vs 3.01 consensus 6:32 am Stone Energy announces that the Co received approval to list its new common stock on the New York Stock Exchange under the same NYSE ticker symbol SGY following emergence from Chapter 11 reorganization ( SGY ). 6:31 am Performance Food Group prices 13.5 mln common stock offering by certain of its stockholders, including affiliates of The Blackstone Group ( BX ), at 23.50share ( PFGC ). 6:19 am Toshiba reports notice on conclusion of absorption-type company split agreement in respect of the memory business ( TOSBF ). Co concluded an absorption-type company split agreement, and wishes to announce the information on matters that remain undecided. The Company announced, on January 27, 2017, that the Memory business of the Storage amp Electronic Devices Solutions Company, one of its in-house companies, will be separated from the Company by a compaNY SPLIT. THE COMPANY SPLIT IS SUBJECT TO APPROVAL AT THE EXTRAORDINARY GENERAL MEETING OF SHAREHOLDERS SCHEDULED FOR MARCH 30, 2017. AT THE SAME TIME, AS STATED IN ITS FEBRUARY 14, 2017 ANNOUNCEMENT, quotProvisional Outlook for FY2016 3Q Business Results and FY2016 Forecast, and Outline of Loss in Nuclear Power Business and Countermeasures, quot impairment loss of goodwill in the Nuclear Power business in FY2016 could reach 712.5 billion yen, and this will lead to a significant deterioration of the financial position, although the disclosed figures are still being reviewed by an independent accounting auditor. Given this, Toshiba Group urgently needs to enhance its financial structure, and Toshiba is considering various capital measures. In connection with the Company Split, as a means to further secure management resources for growth of the Memory business, and to enhance the financial structure of Toshiba Group, Toshiba is considering a restructuring with third-party capital, including potential sale of a majority stake. Toshiba will commence the procedure promptly, aiming to make a final decision in early FY2017.Co also decided to transfer Miike Power Plant, a coal-fired power generation business operated by Sigma Power Ariake Corporation, a subsidiary of Sigma Power Holdings Limited Liability Company, a wholly-owned consolidated subsidiary of Toshiba, to the IDI Infrastructure 3 Limited Liability Partnership managed by IDI infrastructures Inc, an energy and infrastructure business investment fund. 6:14 am DigitalGlobe: MacDonald, Dettwiler and Associates confirms it will acquire DigitalGlobe for 35share in cash amp stock ( DGI ) : MacDonald, Dettwiler and Associates Ltd. and DigitalGlobe announced they have entered into a definitive merger agreement, pursuant to which MDA will acquire DigitalGlobe for 35.00 per share in a combination of cash and stock. The transaction values DigitalGlobe at an equity value of approximately 2.4 billion, and an enterprise value of 3.6 billion, including assumption of DigitalGlobes 1.2 billion in net debt. The transaction has been unanimously approved by the boards of directors of both companies, and is expected to close in the second half of 2017. Under the terms of the agreement, each DIGITALGLOBE COMMON SHARE WILL BE EXCHANGED FOR 17.50 IN CASH AND 0.3132 MDA COMMON SHARES, REPRESENTING A PER SHARE VALUE OF 17.50 BASED ON MDAS UNAFFECTED CLOSING SHARE PRICE OF C73.40 ON THE TORONTO STOCK EXCHANGE ON FEBRUARY 16, 2017, THE DAY PRIOR TO MARKET SPECULATION ABOUT A POTENTIAL COMBINATION, AND A CUS EXCHANGE RATIO OF 0.7612. THE TOTAL CASH AND STOCK PER SHARE VALUE CONSIDERATION REPRESENTS AN 18 PREMIUM BASED ON DIGITALGLOBES UNAFFECTED CLOSING STOCK PRICE ON THE NEW YORK STOCK EXCHANGE (:NYSE) ON FEBRUARY 16, 2017. As part of the transaction, MDA will apply to list its shares on the NYSE in addition to the TSX. Upon completion of the transaction, the combined Company will coNTINUE TO EXECUTE ITS U. S. ACCESS PLAN STRATEGY. THIS WILL INCLUDE FURTHER REORGANIZATION OF ALL OR PART OF THE COMBINED COMPANYS CORPORATE AND OPERATING STRUCTURE TO ENSURE THAT THE ULTIMATE PARENT OF DIGITALGLOBE IS INCORPORATED IN THE U. S. BY THE END OF 2019, SUBJECT TO CUSTOMARY APPROVALS. MDA UNDERTOOK A CORPORATE REORGANIZATION IN 2016 THAT INCLUDED THE FORMATION OF SSL MDA HOLDINGS, INC. THE U. S. OPERATING COMPANY OF MDA, UNDER THE GUIDANCE AND APPROVAL OF THE U. S. DEPARTMENT OF DEFENSE. SSL MDA HOLDINGS CURRENTLY OPERATES UNDER A SECURITY CONTROL AGREEMENT WITH DOD, ALLOWING IT TO PURSUE AND EXECUTE U. S. GOVERNMENT PROGRAMS THAT REQUIRE SECURITY CLEARANCES. 6:12 am Calumet Specialty Products reports Q4 EPS below consensus ( CLMT ). Co reports Q4 EPS of (1.01) vs (0.56) Capital IQ Consensus. For fiscal year 2017, the Partnership expects throughput to increase as it continues to optimize its use of heavy crude oil in conjunction with increasing the efficiency and utilization of its assets. Total capital spending for fiscal year 2017 is expected to range from 120 million and 140 million. The Partnership remains on schedule to achieve its 150 million to 200 million operations excellence initiative objectives by the end of 2018, with a projected 40 million to 60 million expected to be realized during fiscal year 2017. 6:10 am DigitalGlobe misses BY 0.28, BEATS ON REVS GUIDES FY17 REVS ABOVE CONSENSUS ANNOUNCES COMBINATION WITH MACDONALD, DETTWILER AND ASSOCIATES ( DGI ). Reports Q4 (Dec) GAAP loss of 0.17 per share, 0.28 worse than the Capital IQ GAAP Consensus of 0.11 revenues rose 6.1 yearyear to 192.7 mln vs the 186.05 mln Capital IQ Consensus. Co issues upside guidance for FY17, sees FY17 revs of 840-865 mln vs. 831.44 mln Capital IQ Consensus Estimate sees Adjusted EBITDA in a range of 380 million to 395 million sees Capital expenditures of approximately 100 millionquotOur improved results reflect solid execution against our strategy for shareowner value creation and position us well for 2017. We look forward to continued profitable growth as we expand our International Defense and Intelligence business with assured access to our newest high resolution satellite, develop new commercial use cases, expand our rapidly growing geospatial big data analytics platform, and realize the full potential of our services business with the addition of Radiant. Furthermore, we are pleased to have reached an agreement to combine with MDA as we separately disclosed today. quotBriefing note: The company has yet to issue the formal release announcing its combination with MacDonald, Dettwiler and Associates, and no terms of the deal were disclosed in their earnings PR 6:07 AM DEL FRISCOS RESTAURANT BEATS BY 0.04, REPORTS REVS IN-LINE GUIDES FY17 EPS BELOW CONSENSUS INCREASES REMAINING STOCK REPURCHASE PROGRAM TO 50 MLN ( DFRG ). Reports Q4 (Dec) earnings of 0.37 per share, excluding non-recurring items, 0.04 better than the Capital IQ Consensus of 0.33 revenues rose 4.5 yearyear to 119.2 mln vs the 118.94 mln Capital IQ Consensus. Total comparable restaurant sales increased 0.8parable restaurant sales increased 0.1 at Del Friscos Double Eagle Steak House coMPRISED OF A 0.5 INCREASE IN AVERAGE CHECK AND 0.4 DECREASE IN CUSTOMER COUNTSPARABLE RESTAURANT SALES INCREASED 0.9 AT SULLIVANS STEAKHOUSE COMPRISED OF A 1.5 DECREASE IN AVERAGE CHECK AND 2.4 INCREASE IN CUSTOMER COUNTSPARABLE RESTAURANT SALES INCREASED 2.1 AT DEL FRISCOS GRILLE COMPRISED OF A 1.5 INCREASE IN AVERAGE CHECK AND 0.6 INCREASE IN CUSTOMER COUNTS. CO ISSUES downside guidance for FY17, sees EPS of 0.80-0.84, excluding non-recurring items, vs. 0.87 Capital IQ Consensus Estimate. Co sees FY17 total comparable restaurant sales of -0.5 to 0.5.Co sees one Del Friscos Double Eagle Steak House and one Del Friscos Grille opening in FY17.Co sees two Sulliva ns Steakhouse closings in FY17.Co sees FY17 cost of sales of 27.8 to 28.2 of consolidated revenues. Co sees FY17 restaurant-level EBITDA of 21.1 tO 21.4 OF CONSOLIDATED REVENUES. 6:07 AM HMS HOLDINGS BEATS BY 0.01, MISSES ON REVS GUIDES FY17 REVS IN-LINE ( HMSY ). Reports Q4 (Dec) earnings of 0.20 per share, 0.01 better than the Capital IQ Consensus of 0.19 revenues fell 0.3 yearyear to 128.1 mln vs the 130.86 mln Capital IQ Consensus. Q4 Share Repurchases of 20.5 mlnCo issues in-line guidance for FY17, sees FY17 revs of 7-9 YoY to 530.7-540.6 mln vs. 532.22 mln Capital IQ Consensus Estimate. including high teens commercial health plan growth 6:07 am KBR misses by 0.77, reports revs in-line guides FY17 EPS in-line ( KBR ). Reports Q4 (Dec) loss of 0.59 per share, excluding non-recurring items, 0.77 worse than the Capital IQ Consensus of 0.18 revenues rose 10.2 yearyear to 1.19 bln vs the 1.2 bln Capital IQ Consensus. Co issues in-line guidance FOR FY17, SEES EPS OF 1.10-1.40, EXCLUDING NON-RECURRING ITEMS, VS. 1.31 CAPITAL IQ CONSENSUS ESTIMATE. THE EXPECTED EBITDA RANGE FOR 2017, WHICH IS ON THE SAME BASIS AS THE EPS GUIDANCE, IS 300-350 MILLION. OVER 70 OF OUR PROJECTED EARNINGS IS EXPECTED FROM CONTRACTS ALREADY SECURED IN OUR BACKLOG AT YEAR-END 2016. OUR ESTIMATED ANNUAL EFFECTIVE TAX RATE FOR 2017 IS PROJECTED TO BE APPROXIMATELY 27 GIVEN THE MIX OF EARNINGS IN THE VARIOUS TAX JURISDICTIONS IN WHICH KBR CONDUCTS BUSINESS. 6:03 AM VWR CORP BEATS BY 0.01, MISSES ON REVS GUIDES FY17 EPS IN-LINE, REVS BELOW CONSENSUS ( VWR ). Reports Q4 (Dec) earnings of 0.45 per share, excluding non-recurring items, 0.01 better than THE CAPITAL IQ CONSENSUS OF 0.44 REVENUES ROSE 1.6 YEARYEAR TO 1.13 BLN VS THE 1.15 BLN CAPITAL IQ CONSENSUS. ON AN ORGANIC BASIS, NET SALES INCREASED 10.8 MILLION, OR 1.0, WHILE RECENT ACQUISITIONS INCREASED NET SALES BY AN ADDITIONAL 24.3 MILLION, OR 2.2.CO ISSUES GUIDANCE FOR FY17, SEES EPS OF 1.79-1.87, EXCLUDING NON-RECURRING ITEMS, VS. 1.81 CAPITAL IQ CONSENSUS ESTIMATE SEES FY17 REVS OF 4.56-4.61 BLN VS. 4.66 BLN CAPITAL IQ CONSENSUS ESTIMATE. 6:02 AM NET 1 UEPS TECHS RECEIVES A WRITTEN CONFIRMATION FROM SASSA THAT A FORMAL MEETING HAS BEEN SCHEDULED FOR MARCH 1, 2017 TO DISCUSS THE PAYMENT OF SOCIAL GRANTS BEYOND MARCH 31, 2017 WHEN THE CURRENT CONTRACT BETWEEN CPS AND SASSA TERMINATES ( UEPS ). 6:01 am Hilton Hotels authorizes 1 bln stock repurchase program and approves a 0.15 quarterly dividend also announces name change to Hilton Inc. ( HLT ). 5:56 am SampP futures vs fair value: -5.30. Nasdaq futures vs fair value: -19.60. 5:56 am European Markets. FTSE. 7230.36. -41.00. -0.60. DAX. 11856.94. -90.90. -0.80. 5:56 am Asian Markets. Nikkei. 19284. -87.90. -0.50. Hang Seng. 23966. -149.20. -0.60. 5:51 am Boise Cascade beats by 0.15, revs in-line ( BCC ). Reports Q4 (Dec) earnings of 0.11 per share, 0.15 better than the Capital IQ Consensus of (0.04) revenues increased 5 yearyear to 919.5 mln vs the 920.58 mln Capital IQ Consensus. Co anticipates capital spending, excluding acquisitions, of 75-85 mln during 2017, inclusive of the work being completed at Roxboro. 5:47 am Celgene receives EC approval for new indication for REVLIMID ( CELG ) : Celgene International Srl, a wholly-owned subsidiary of Celgene, announced that the European Commission has approved REVLIMID as monotherapy for the maintenance treatment of adult patients with newly diagnosed multiple myeloma who have undergone autologous stem cell transplantation The REVLIMID Marketing Authorisation has been updated to include this new indication, which expands on the existing multiple myeloma indications as combination therapy for the treatment of those not eligible for transplant who are newly diagnosed, or have received at least one prior therapyThe EC decision to approve REVLIMID as monotherapy for multiple myeloma in the post-ASCT setting was based on the results of two cooperative group-led studies, CALGB 1001049 and IFM 2005-02.10CALGB 100104 was a phase III, controlled, double-blind, multi-centre study of 460 patients with newly diagnosed multiple myeloma undergoing ASCT who were randomized to receive continuous daily treatment with REVLIMID or placebo until relapse or intolerance. IFM 2005-02 was an international, phase III, controlled, double-blind, multi-centre study of 614 patients newly diagnosed with multiple myeloma who were randomized to receive a 2-month consolidation regimen post-ASCT of REVLIMID monotherapy, followed by continuous daily treatment with either REVLIMID or placebo until relapse or intolerance 5:20 am On The Wires (:WIRES). Sony (SNE) announced that it will transfer certain rights and obligations related to shares of Sony Interactive Entertainment Europe, a wholly-owned subsidiary of Sony, and its related business, to Sony Interactive Entertainment, a wholly-owned subsidiary of Sony, by an quotabsorption-type company splitEricsson (ERIC), Orange (ORAN) and PSA Group (PEUGF) have taken a signifiCANT STEP TOWARDS THE REALIZATION OF 5G TECHNOLOGY FOR CONNECTED VEHICLES AFTER CONDUCTING FIELD TRIALS TO TEST ADVANCED APPLICATIONS IN FRANCE. TO SUPPORT DIRECT COMMUNICATIONS TESTING, THE quotTowards 5Gquot initiative looks forward to welcoming Qualcomm (QCOM), as a new member. The9 Limited (NCTY) received a written notification from the Nasdaq Stock Market indicating that the Co no longer meets the continued listing requirement of minimum Market Value of Publicly Held Shares, because the market value was below the minimum requirement of 15 mlnToyota Motor (TM) delivered the first fuel cell bus sold under the Toyota brand to the Bureau of Transportation of the Tokyo Metropolitan Government. This FC bus will be put into operation as a Toei route bus in March along with a second bus that is scheduled for delivery in the same month. Qunar Cayman Islands (QUNR) announced that, at an extraordinary general meeting, the Companys shareholders voted in favor of, among others, the proposal to authorize and approve the previously announced agreement and plan of merger dated as of October 19, 2016, by and among the Company, Ocean Management Holdings Ericsson (ERIC) and WeDo Technologies have formed a global partnership to give operators the confidence they need when exploring digital services. This new solution from the two companies means operATORS CAN PROACTIVELY SAFEGUARD NEW REVENUE STREAMS, ASSURE HEALTHY MARGINS AND MINIMIZE RISKS IN A VERY DYNAMIC ECOSYSTEM. CHINA YUCHAI INTERNATIONAL (CYD) ANNOUNCED THAT 321 UNITS OF XIAMEN KINGLONG BUSES HAVE BEEN PURCHASED BY THE SAUDI ARABIA PUBLIC TRANSPORT COMPANY FOR USE IN MECCA. 5:17 AM MAGNA MISSES BY 0.11, REPORTS REVS IN-LINE GUIDES FY17 REVS IN-LINE ( MGA ). Reports Q4 (Dec) earnings of 1.24 per share, 0.11 worse than the Capital IQ Consensus of 1.35 revenues rose 8.0 yearyear to 9.25 bln vs the 9.21 bln Capital IQ Consensus. This strong year over year growth was achieved despite both North American and European light vehicle production decreasing 4 compared to the fourth quarter of 2015. Complete vehicle assembly volumes decreased 70, largely reflecting the end of production of the MINI Countryman and Paceman in the fourth quarter of 2016. Co issues in-line guidance for FY17, sees FY17 revs of 36.0-37.0 bln vs. 36.98 bln Capital IQ Consensus Estimate. FY17 Total Production Sales: 30.4 - 31.7 billionEBIT Margin: 3:29 am On The Wires (:WIRES). Prologis (PLD) and CBRE Global Investment Partners, a division of CBRE Global Investors announced the formation of a new development venture in the United Kingdom. Gemalto (GTOMY) and MPT are extending their partnership. MPT has acquired Gemaltos Device Management and Advanced Over-The-Air, in a bid to strengthen the relationship with its subscribers and expand its service portfolios. 3:27 am Prima Biomed reports H1 operational update reports cash position sufficient through 1Q18 ( PBMD ) : Co announce the following updates on our clinical applications of IMP321: AIPAC (Active Immunotherapy PAClitaxel), completed the safety-run in phase in December 2016. The randomized phase started in January 2017 with 30 mg of IMP321 as the recommended phase 2 dose. First patients have been recruited and we pLAN TO OPEN FURTHER CLINICAL SITES IN THE NEAR TERM TO RAMP UP THE PATIENT RECRUITMENT. IN TOTAL, THE TRIAL AIMS TO RECRUIT UP TO 226 PATIENTS IN A RANDOMIZED, PLACEBO-CONTROLLED, DOUBLE BLIND SETTING. TACTI-MEL (TWO ACTIVE IMMUNOTHERAPEUTICS IN MELANOMA), OUR AUSTRALIAN MELANOMA TRIAL IS PROGRESSING WELL WITH THE FIRST PATIENT COHORT OF THIS PHASE 1 DOSE ESCALATION STUDY COMPLETED IN DECEMBER 2016. THE SECOND COHORT, RECEIVING 6 MG OF IMP321, IS UNDERWAY AND ALREADY 4 OUT OF 6 PATIENTS HAVE BEEN SUCCESSFULLY TREATED NO DOSE LIMITING TOXICITY HAS YET BEEN REACHED. FINANCIALS AS A RESULT OF CAREFUL FINANCIAL MANAGEMENT, PRIMA REMAINS IN A SOLID FINANCIAL POSITION WITH 15.5 MLN CASH AS OF MID-FEBRUARY 2017. BASED ON OUR FORECAST, THE CURRENT OPERATIONAL CASH REACH HAS BEEN EXTENDED TO END OF FIRST QUARTER CALENDAR YEAR 2018. 3:24 AM ON THE WIRES (:WIRES). THE AUTOMOTIVE INFORMATION SHARING AND ANALYSIS CENTER (AUTO-ISAC) WELCOMES BOSCH, COOPER STANDARD, HONEYWELL (HON), HYUNDAI MOBIS, LEAR CORP (LEA), LG ELECTRONICS (LGEAF) AND NXP SEMICONDUCTORS (NXPI) AS ORIGINAL EQUIPMENT SUPPLIER MEMBERS. THE INCLUSION OF THESE COMPANIES EXEMPLIFIES AUTO-ISACS CONTINUED EFFORTS TO PROMOTE COLLABORATION BETWEEN TIER 1 SUPPLIERS AND AUTOMOBILE MANUFACTURERS AROUND VEHICLE CYBERSECURITY. THE COURT OF QUEENS BENCH OF NEW BRUNSWICK HAS APPROVED MARINE HARVEST (MHG) AS THE PURCHASER OF THE ASSETS OWNED BY THE GRAY AQUA GROUP OF COMPANIES. MARINE HARVEST IS PLEASED WITH THE DECISION AND LOOKS FORWARD TO DETAIL A PRODUCTION PLAN AND INVESTMENT FRAMEWORK FOR THE EAST COAST OF CANADA. 3:22 AM PLAINS GP UPSIZES OFFERING BY 8 MLN SHARES AND PRICES 42 MLN SHARES OF CLASS A SHARES FOR GROSS PROCEEDS OF 1.3 BLN ( PAGP ). 3:21 am Accelerate DiagnosticsAccelerate Pheno System and Accelerate PhenoTest BC Kit receives FDA Marketing Authorization ( AXDX ) : Co announced that the FDA has granted the de novo request to market the Accelerate Pheno system and Accelerate PhenoTest BC kit for identification and antibiotic susceptibility testing of pathogens directly from positive blood culture samples. The blood culture kit is indicated for susceptibility testing of specific pathogenic bacteria commonly associated with bacteremia, the leading cause of sepsis. The Accelerate clinical study included more than 39,000 tests conducted on 1,850 samples across 13 trial sites and exceeded the requirements of the FDA for identification and antimicrobial susceptibility testing. The study showed overall sensitivity of 97.4 and specificity of 99.3 for identification. For susceptibility, overall essential and categorical agreement versus standard broth microdilution was 96.3 and 96.4 respectively 3:16 am South Jersey Industries beats by 0.01 ( SJI ). Reports Q4 (Dec) earnings of 0.42 per share, 0.01 better than the Capital IQ Consensus of 0.41.Customer additions remain a strong driver of margin growth, and we expect this growth to continue as we strategically target marketing and sales resources where co has the greatest opportunities for conversions. For the year ended December 31, 2016, our customer count increased by 4,525, bringing our total number of customers served to 377,625.A WORLD OF SECURITY A GREAT HISTORY OF EXPERIENCE ALL THE SECURITY NUMBERS FAAC acquires CENTURION Systems FAAC S. p.A acquires CENTURION Systems (Pty) Ltd, the top manufacturer of Gate Operators, Automatic barriers and Electronic control devices in South Africa, with interests in the rest of Africa and Australia FAAC S. p.A. has completed the acquisition of CENTURION Systems Pty Ltd, the undisputed leader in the South African market for gate operators, automatic barriers and other access control devices. CENTURION has also managed to execute an international expansion beyond national borders which has yielded significant market-share in many countries around the world. We are delighted to join forces with FAAC as we believe that the combination of CENTURIONs strong knowledge of the market and of its end-users preferences, together with FAACs solid industrial, financial and technological competences, will be a paramount factor in next years. FAAC will in fact add, where appropriate, technical and industrial competences, financial capabilities and international distribution channels to make Centurion even stronger and capable to fuel its growth path both in South Africa and outside. Says Patrick Dickens, CENTURION CEO from his Johannesburg Head Office quotWe are excited to open new horizons for FAAC development in the whole of Africa and in key-countries outside of it, thanks to the long-term experience and know-how developed successfully by CENTURION in the last 30 years. Says Andrea Marcellan FAAC Group CEO CENTURION is an old-time customer from the 80s. Having seen it flourish as an independent manufacturer internationally, capable of integrating world-class management practices with local market understanding in South Africa, we are delighted to cross avenues again and to work together going forward. says Jacopo Malacarne Director of Business Unit FAAC Simply Automatic. Download Press Release FAAC Group has acquired Olmi Impianti Srl and has announced the launch of HUB Italia FAAC Group a leading company and an international pioneer in the automated systems industry and the control of pedestrian and vehicle accesses for residential and commercial applications, has announced the acquisition of Olmi Impianti Srl, a company with twenty years experience in providing turnkey solutions for parking systems and pedestrian access control systems. The acquired company will be named HUB Italia, and will be part of HUB Parking Technology, a Business Unit of the FAAC Group. This deal will enlarge the companies Italian customer base and it will be able to offer its systems, installation and commissioning service as well as after sales assistance. FAAC Group separates from Somfy Group FAAC Group separates from Somfy Group Following an industrial partnership started in 1990 Somfy Group and FAAC Group have decided to dissolve their relationship as reciprocal shareholders and therefore Somfy will exit the capital of FAAC S. p.A. (of which it holds 34) and FAAC will exit the capital of Somfy Group (of which it holds 7,3). The transaction will be finalised through the exercise by Somfy of the right of withdrawal from the share capital of FAAC S. p.A. against which the value of 34 of the same FAAC will be liquidated also by means of return of the Somfy shares held by FAAC S. p.A. Upon completion of the transaction hereto the sole shareholder of FAAC Group will be the Archdiocese of Bologna. FAAC was assisted by Lincoln International as financial advisor, Gattai Minoli Agostinelli amp Partners as legal advisors and Studio Margotto as tax advisor. FAAC Group is a privately owned multinational Group, a pioneer in the automated systems industry for the control of pedestrian and vehicle access in both residential and commercial applications. The Group activity is developed through three Business Units: Access Automation, Access Control and Parking Revenue Control Systems. FAAC Group was founded in 1965 and has today become an international industrial Group with nearly 2,000 employees, 18 production plants and 32 foreign subsidiary companies throughout the world. The Group is based in Zola Predosa, Bologna, Italy. For more information about FAAC Group, visit: faacgroup ltiframe stylequotmargin: 0 autoquot srcquotv. calameobkcode000681578956ef1190a77ampampshowsharemenufalseampampclicktoembedampampauthid0KkjP5mOHkL2quot frameborderquot0quot scrollingquotnoquot widthquot266quot heightquot300quotgtltiframegt FAAC presents a complete line of advanced traffic bollards FAAC presents a complete line of advanced traffic bollards A new dedicated mini-site describes the technical features and application options Zola Predosa, 04-12-2013 - FAAC, the Italian world leader in automated solutions for opening gates and doors as well as for pedestrian and vehicle access control, offers a complete range of retractable traffic bollards, ideal for all possible situations - from private residences to industrial facilities, from limited traffic zones to sensitive installations that require surveillance. FAAC bollards feature an extremely reliable hydraulic technology and are designed for easy installation and maintenance. All the information regarding this product range can now be found at the dedicated mini-site faacbollard that describes all the technical features and application options. The FAAC bollards of the quotJquot family are divided into three product lines: FAAC J200 for residential areas FAAC J275 for commercial and industrial areas and for managing urban entries to limited traffic zones FAAC J355 for the protection of sensitive installations such as airports, embassies, consulates, banks, ports, etc. The J200 line includes an automatic model, a semi-automatic model and a fixed model. The J275 line, in addition to the automatic model (registered with the Italian Ministry of Transport) and the fixed model, also introduces a semi-automatic version for areas that are difficult to wire or only occasionally open to traffic. And finally, the J355 line comprises an automatic model, which has been awarded the grade M30-P1 provided for by the AST M F 2656-07 standard: i. e. it is able to stop a lorry weighing 6.8 tons launched at 50 kmhour. All FAAC bollards feature numerous innovations that make installation and maintenance extremely simple, while also increasing reliability. The J200 line, for example, is characterised by a self-bearing structure that renders the pit unnecessary. Instead, the architecture of the J275 line makes it possible to carry out technical service operations without the need for a crane or hoist to extract the bollard body from the pit. The hydraulic pump can, in fact, be easily removed after removing the bollard head. Routine maintenance can therefore be performed by a single person using basic tools. The simplifications introduced by FAAC also concern the pit, which is cylindrical in shape for optimising digging, and is supplied as a kit, to reduce the packaging dimensions and transport costs. There are also many innovations aimed at increasing system reliability: e. g. the hydraulic pump is all one piece with the cylinder and moves with it, therefore eliminating the need for underground tubes with pressurised oil. The cylinder is also equipped with a double track, to increase its stability during both upward and downward movement. Finally, all the luminous signals around the circumference of the bollard are obtained using a single central LED, thus reducing replacement time and costs in case of damage. FAAC traffic bollards are available in many versions with various types of finish and control modes. The basic models include many features that in some competitor products require the addition of costly options. The new mini-site dedicated specifically to FAAC bollards (faacbollard ) contains all the information necessary for architects, designers and technical departments, including the specifications of each product, the solid models created in all the main 3D design formats, the illustrative brochure, numerous references to installations around the world, as well as a detailed video presenting the entire range and its main features. FAAC bollards are designed, tested and manufactured entirely at our plant. Total control over the products has made it possible for us to field all our skills in technological innovation to create a highly complete and competitive range of bollards. Thanks to our exclusive world network of branches and distributors, the FAAC Group is also able to ensure effective service to Italian businesses that use FAAC bollards when constructing buildings or infrastructures abroad, said Davide Querz, FAAC Product Manager. FAAC will attend RT exhibition the main world fair in the solar protection field - that will take place in Stuttgart on 25-28 th February 2015, with two stands (Hall 6 Stand A31 Hall 3 Stand C90). HUB Italia finalizes the acquisition of NEXTEC Srl and expands its presence in the Italian market HUB Parking Technology announces the acquisition of CTR Parking Systems and strengthens its parking business in the United States INNOVATION MAKES ITS OWN WAY EXCELLENCE ALL AROUND YOU THE QUALITY NEVER LEAVES YOU BU Access Automation products are certified according to the most advanced international standards and equipped with the most highly internationally recognised quality markings. These results are made possible by the quality of the components and the raw material, by selecting the best suppliers, by the manufacturing processes created entirely within the company, by inspecting the semi-finished and finished products to conserve and reinforce the value of the brand over time. 1. From the first design phases, rigorously within the company, BU Access Automation conducts detailed feasibility studies of new products thanks to 3D projections and functional prototyping. 2. Certified suppliers and systematic raw material inspections allow the company to stock the various production lines with perfect components. 3. The completely internal manufacturing process focuses on flexibility and reliability, using lean manufacturing methods, reducing waste and guaranteeing a Total Quality system. 4. The manufacturing process focuses on flexibility and reliability, using lean manufacturing methods, reducing waste and guaranteeing a Total Quality system. 5. Each product is the result of over forty years of high-level technological development to offer unique solutions to the Italian and global market. The need for solutions that are fine-tuned to specific requirements is satisfied by a range of products realised with the same passion and constant attention to quality. 6. Accurate computerised quality control in every production phase and dozens of functional tests on every single product guarantee the delivery of a high quality product as a mark of Made in Italy. HUB PARKING TECHNOLOGY THE CAR PARK THAT CHANGES CAR PARKS HUB Parking Technology is the FAAC Group Business Unit that develops, manufactures, installs Parking Revenue Control Systems branded ZEAG, DATAPARK and FAAC and provides after-sales services. HUB Parking Technology delivers the flexibility, professional expertise and close personal service of a local company, together with all the capabilities, network and strength of a global player. Through its local subsidiaries and distributors, it is represented in North South America, Europe, Africa, the Middle East, Asia and Australia. Over the years, the company has constantly innovated to develop state-of-the-art systems that make parking efficient for users as well as profitable and easy to manage for operators. For more information about our company and our products: hubparking MANY ADVANTAGES, A SINGLE SYMBOL HUB Parking is the ID card of the FAAC Group Parking Team. HUB continues to develop the three product brands, ZEAG, Datapark and FAAC, in the car park system industrial setting. Proven cohesiveness even in marketing and communications, with a restyling of the three brands bringing them even closer to the HUB image CAR PARK OPERATOR MANAGEMENT SUITE DATAPARK offers a wide range of products tested in the field, with highly efficient systems and software packages able to satisfy the most specific of car park manager needs. DATAPARK can customise different elements of its product range to create a system in line with the specifications of every single project. EVERYTHING UNDER CONTROL Magnetic Autocontrol is the FAAC Groups Business Unit working in the ever-growing international market of pedestrian and vehicle access control. Headquartered in Schopfheim, Germany, Magnetic Autocontrol serves customers around the globe through its strategically located subsidiaries and a vast network of distribution and service partners for more than 50 years. Magnetic Autocontrol does not only offer high-quality, reliable and sustainable products with a high added value for the end-customer but excels with proven knowledge in project management worldwide For more information about our company and our products: ac-magnetic MANY ROADS TO PERFORMANCE Magnetic MHTM MicroDrive barriers are the latest evolution on the market, proven by the Red Dot 2012 award (one of the biggest and most important global design awards) and the German Design Award 2014. The MHTM MicroDrive product range is the reference point in the automatic barrier industry: thanks to the revolutionary MHTM Microdrive drive system, the motor does not require maintenance and, at the same time, offers high performance operation, extremely quick opening and closing times and a high torque value. For example: the Magnetic. Access barrier has a maximum consumption of 25W which saves 75 more energy (or more) compared to competitive products. MHTM MicroDrive is equipped with a control unit in compliance with the EN ISO 13849. The exclusive use of 24V technology for motor and control unit reduces the risk of crushing and ensures compliance with the European safety directives. The barrier configuration is done via the control unit. An LCD display with 4 programming buttons and an intuitive graphic interface allows the installer to set the barrier parameters without any specific knowledge. The functional range can be extended via Plug Play modules. The MHTM MicroDrive technology product range is divided in: ACCESS CONTROL (small parking lots, lower traffic areas, access roads, etc.) Paid parking applications (multi-level car parks, car rental sites, airports, etc.) Toll applications (toll roads, toll tunnels, toll bridges) Traffic management (motorways) OEM ALWAYS A STEP AHEAD Pedestrian access control solutions are designed for identifying people and grant access to only those that have the appropriate permissions. Additionally, these solutions may be used for optimizing the flow of people - especially at strongly visited sites. Magnetic Autocontrol offers a wide range of professional pedestrian gates which have been tested for different applications. Our customers can benefit from our long-term world-wide experience in product development, project management and a vast network of distributors and integrators. The product portfolio is divided in: Secured entry control (BUILDINGS, OFFICES, MUSEUMS, ETC.) PERIMETER CONTROL (PRIVATE PROPERTY, COMPANIES, AIRPORTS, ETC.) AUTOMATIC FARE COLLECTION (METRO, TRAIN STATIONS, BUS TERMINALS, ETC.) Immigration gates (airports, seaports and international railway border crossings) BORDER GATES (airports) Customer-specific pedestrian gates (project management) INNOVATE TO GROW, GROW TO INNOVATE Even during the years of global recession, the FAAC Group has grown through acquisitions and internal growth by continuing to invest in young people. The recent hiring involves dozens of young graduates, from engineers in the Research and Development or Global Sourcing sector to language graduates who deal with Order Processing to economy graduates directed to Management Control and the Italian or Foreign Commercial Department. The people in our Group are always ready to put themselves to the test: they know different languages, they are willing to travel for work and move where opportunities present themselves, they work hard. Our Group allows people who are ready to accept this challenge to demonstrate their worth in a solid international company ready to guarantee a future of prospects. THE FUTURE IN PERSON In addition to specific technical job training, our employees can count on: Language training - Basic or advanced courses of English, French, German, Spanish and Portuguese with various methods: e-learning, lesson by telephone, micro-groups, one to one. Across-the-board training - Courses in collaborator management and time management, project management, public speaking offered to the employees based on their jobs. Courses for specific needs - over 40 people will take courses to improve their knowledge of the main software related to their jobs. 2013 gives way to the FAAC Academy project: approximately 20 people, chosen among the young graduates who have been in the company for more than 2 years, will attend an internal training school for future managerial growth. The subjects studied over a year of monthly lessons with workshops and team-building activities throughout will be varied and in-depth: basic finance, efficient communication, personal leadership, lean thinking lean manufacturing, marketing, product, business plan and business strategy training. OPEN JOBS: SEND YOUR CURRICULUM VITAE PROGETTISTA MECCANICO TECNICO MANUTENTORE Lean Specialist System Administrator ACCESS AUTOMATION ACCESS CONTROL The FAAC S. p.A. Company, via Calari 10, 40069 Zola Predosa - Bologna - Italy, listed on the company register in Bologna with number 02169920374, Registered capital 774,000.00 euros, declares that it is the owner of this website. This website and the information herein contained (particularly images, drawings, etc) are protected by copyright. The copyright holder is FAAC S. p.A. via Calari,10 40069 Zola Predosa - Bologna - Italy. 2. Conditions of use 2.1. Any information which does not appear in a download file must not be printed or reproduced, either partially or completely, in any way whatsoever. 2.2 The information which appears in a download file may be printed or downloaded for internal, non-commercial use, for information purposes. It must not be distributed. Any copy made of this information must mention that we own the copyright to the material. You are not authorised to change this information. However, you are authorised to translate it to facilitate its understanding by assistants, in which case you shall be solely responsible for the translation you make. We reserve the right to terminate this authorisation at any time through a notice which shall be distributed on this website. All uses of this information must then immediately cease. 3.1.A. This is a list of the named and figurative trademarks which we frequently use: NB: some of these trademarks are not used in all countries. We cannot be held responsible for violations of rights of third-parties on the basis of the above list. 3.1.B. Use of these trademarks is prohibited, unless: - we authorise it expressly in writing or - you wish to construct a hypertext link to our website and, at the same time, the conditions required in section 4.2. (The Links created by you) are satisfied. Use must be limited to the Link 3.2 Trademarks registered by third-parties 3.2.A. The other trademarks cited on our website belong exclusively to their owners. 3.2.B. We do not claim nor grant any rights as regards these trademarks. Failure to mention the name of their owners on this website is not to be interpreted as an appropriation by us. 4.1. Links which we offer: we offer Hypertext links to numerous other websites. However, we do not represent, nor control, these sites and we are not responsible for their content. 4.2. Links created by you: the creation of a link to our site requires our prior written authorisation, unless you satisfy all of the following conditions: 4.2.A. We authorise you to create a link to our website when: - you are clients of a body connected to FAAC, - you make fair, correct use of the link this particularly consists of there being no confusion regarding the relationship you have with us, - you create a link to the home page of our site in such a way that it is clear that the site indicated by the link belongs to us. In no case are you permitted to create a link towards another page or reproduce a part of our site, - you reproduce the FAAC logo as follows, ensuring it is exactly the same size, for the purpose of creating this link - You state the creation of a link. in writing, to FAAC S. p.A. within three working days of its creation, sending a letter to the address: 4.2.B. However, we reserve the right to demand that a link be deleted immediately if we believe that it compromises our interests. 5. Other Industrial and Intellectual property rights All products, processes or technology described on this website may be protected as Industrial and Intellectual Property. No use of these Industrial and Intellectual Property rights is authorised. 6. Use of the information and the users to whom it is intended 6.1. This site is intended for any person in the world who wishes to obtain general information on FAAC S. p.A. 6.2. Information on the products and services are not necessarily valid in all countries. In particular, certain products or services which appear on this website may not be available in all countries. 7.1. We try to give you reliable, complete and up-to-date information. In spite of this, we cannot guarantee the correctness of the information contained on this website. 7.2. We reserve the right to update or change the information contained on this website without prior notice. 7.3. We cannot guarantee that the information which appears on this website complies with the laws in the different countries. You access this site of your own free will and you are responsible for complying with all the laws and regulations in your countries. 7.4. We invite you to verify all the information contained on this website with our local dealers or representatives. 7.5 You access this site and use its content exclusively under your own responsibility. It is your responsibility to protect yourself from any computer virus or any other element which could risk destroying or damaging your computer or the data it contains. 8. Applicable law and jurisdiction In cases of disputes regarding access or use of this website, only Italian law shall be applicable with the law court of Bologna as the only competent court of law. The Italian text shall apply. Any invalidity of one or more clauses of the present Legal notices, conditions and methods of use does not compromise their validity as a whole. SUPPLIER: INFORMATION SHEET PURSUANT TO SECTION 13 OF LEGISLATIVE DECREE 1962003