Europe has taken its first shot at the United States over new tariffs on steel and aluminum imports.
European Union officials lodged a formal complaint with the World Trade Organization (WTO) on Friday, the first in a series of measures designed to hit back at the United States.
Tariffs will be next. The European Union plans to slap tariffs of 25% on roughly 200 American products, including orange juice, as soon as June 20. US denim, bourbon, motorcycles, peanut butter, motor boats and cigarettes are also in the firing line.
The American exports targeted in the initial wave of EU retaliatory tariffs are worth roughly 2.8 billion ($3.3 billion) annually, according to EU officials.
The United States on Friday imposed tariffs on steel and aluminum from the European Union, Canada and Mexico, a move that the Trump administration has justified on national security grounds.
EU trade commissioner Cecilia Malmstr枚m has called the approach “pure protectionism,” and described it as illegal under WTO trading rules.
Top 10 Heal Care Stocks For 2019: PGT, Inc.(PGTI)
Advisors’ Opinion:
- [By Shane Hupp]
Get a free copy of the Zacks research report on PGT Industries (PGTI)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 10 Heal Care Stocks For 2019: Amtech Systems Inc.(ASYS)
Advisors’ Opinion:
- [By Lisa Levin] Gainers
Sigma Labs, Inc. (NASDAQ: SGLB) shares rose 90.9 percent to $2.52. Sigma Labs demonstrated proof of concept for closed loop quality control during metal additive manufacturing.
Oragenics, Inc. (NYSE: OGEN) shares surged 58.4 percent to $1.9005 after the company’s AG013 for oral mucositis in head and neck cancer patients showed favorable safety profile in mid-stage OM study.
Dick's Sporting Goods, Inc. (NYSE: DKS) shares climbed 23.2 percent to $37.5370 after the company reported upbeat Q1 earnings and raised FY18 earnings outlook.
Summer Infant, Inc. (NASDAQ: SUMR) rose 21.9 percent to $1.17 after announcing commitment for $60 million credit facility from Bank of America and $17.5 million term loan from Pathlight Capital.
TapImmune, Inc. (NASDAQ: TPIV) jumped 18.8 percent to $4.87. WBB Securities upgraded TapImmune from Speculative Buy to Buy.
Movado Group, Inc. (NYSE: MOV) gained 17.2 percent to $49.45 after the company reported better-than-expected Q1 results and raised its guidance.
ASLAN Pharmaceuticals Limited (NASDAQ: ASLN) jumped 16.2 percent to $7.96. BTIG Research initiated coverage on ASLAN Pharmaceuticals with a Buy rating.
Legacy Reserves LP (NASDAQ: LGCY) rose 15.5 percent to $5.6011.
InspireMD, Inc. (NYSE: NSPR) gained 13.3 percent to $1.36 following PR announcing sustained benefit of CGuard EPS.
Immutep Limited (NASDAQ: IMMP) shares climbed 13.2 percent to $2.7724 after the company reported new data from its ongoing TACTI-mel Phase I trial, which evaluated the combination of eftilagimod alpha, its lead compound, with Merck & Co., Inc. (NYSE: MRK)'s Keytruda in unresectable or metastatic melanoma patients, who have had a suboptimal response or had disease progression with keytruda monotherapy..
SpartanNash Co (NASDAQ: SPTN) rose 12.2 percent to $21.20 after the company reported upbeat earnings for its first quarter on Tuesday.
Amtech Systems, Inc. (NASDAQ: ASYS) rose 12.1 percent to - [By Stephan Byrd]
ValuEngine cut shares of Amtech Systems (NASDAQ:ASYS) from a hold rating to a sell rating in a research note published on Wednesday morning.
Separately, Zacks Investment Research raised Amtech Systems from a sell rating to a hold rating in a research report on Monday, April 16th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average target price of $14.88.
- [By Lisa Levin] Gainers
Oragenics, Inc. (NYSE: OGEN) shares surged 66.67 percent to close at $2.00 on Wednesday after the company’s AG013 for oral mucositis in head and neck cancer patients showed favorable safety profile in mid-stage OM study.
Sigma Labs, Inc. (NASDAQ: SGLB) shares jumped 49.24 percent to close at $1.97 on Wednesday. Sigma Labs demonstrated proof of concept for closed loop quality control during metal additive manufacturing.
ASLAN Pharmaceuticals Limited (NASDAQ: ASLN) rose 34.45 percent to close at $9.21. BTIG Research initiated coverage on ASLAN Pharmaceuticals with a Buy rating.
Dick's Sporting Goods, Inc. (NYSE: DKS) shares rose 25.82 percent to close at $38.35 after the company reported upbeat Q1 earnings and raised FY18 earnings outlook.
TapImmune, Inc. (NASDAQ: TPIV) rose 24.15 percent to close at $5.09. WBB Securities upgraded TapImmune from Speculative Buy to Buy.
Legacy Reserves LP (NASDAQ: LGCY) jumped 23.3 percent to close at $5.98 on Wednesday.
Summer Infant, Inc. (NASDAQ: SUMR) gained 22.92 percent to close at $1.18 after announcing commitment for $60 million credit facility from Bank of America and $17.5 million term loan from Pathlight Capital.
Cloud Peak Energy Inc. (NYSE: CLD) rose 21.95 percent to close at $4.00.
SpartanNash Co (NASDAQ: SPTN) gained 21.4 percent to close at $22.92 after the company reported upbeat earnings for its first quarter on Tuesday.
Motus GI Holdings, Inc. (NASDAQ: MOTS) rose 17.14 percent to close at $5.40.
Movado Group, Inc. (NYSE: MOV) gained 16.59 percent to close at $49.20 after the company reported better-than-expected Q1 results and raised its guidance.
Oramed Pharmaceuticals Inc. (NASDAQ: ORMP) climbed 15.61 percent to close at $8.22. Oramed Pharma disclosed that its patent has been allowed in the US for oral administration of proteins.
Dorian LPG Ltd. (NYSE: LPG) rose 14.89 percent to close at $8.41. Dorian LPG confirmed receipt of unsolicited proposal fr - [By Lisa Levin] Gainers
The Trade Desk, Inc. (NASDAQ: TTD) jumped 36.2 percent to $71.82 after the company reported upbeat results for its first quarter. The company also issued strong second-quarter and FY18 sales guidance.
WideOpenWest, Inc. (NYSE: WOW) jumped 30.4 percent to $8.80 after the company reported Q1 results.
MoSys, Inc. (NASDAQ: MOSY) shares surged 28.6 percent to $1.9541 after the company reported better-than-expected Q1 results and issued strong Q2 forecast.
Boxlight Corporation (NASDAQ: BOXL) gained 24 percent to $6.39.
Akcea Therapeutics, Inc. (NASDAQ: AKCA) shares gained 19.1 percent to $24.60. Akcea Therapeutics, an affiliate of Ionis Pharmaceuticals Inc (NASDAQ: IONS) announced that the Endocrinologic and Metabolic Drugs Advisory Committee, which met to discuss the safety and efficacy of subcutaneously injected volanesoren solution for patients with familial chylomicronemia syndrome, voted 12-8 to support its approval.
Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) shares rose 17 percent to $10.31 after reporting Q3 results.
ArcBest Corporation (NASDAQ: ARCB) gained 16.8 percent to $43.1457 after reporting upbeat quarterly earnings.
Amtech Systems, Inc. (NASDAQ: ASYS) rose 16.2 percent to $8.60. Amtech posted Q2 earnings of $0.19 per share on sales of $32.783 million.
Identiv, Inc (NASDAQ: INVE) surged 14.4 percent to $3.8450 following Q1 results.
Omeros Corporation (NASDAQ: OMER) shares rose 14.3 percent to $18.43 following Q1 results.
VivoPower International PLC (NASDAQ: VVPR) gained 11.5 percent to $2.71.
Intersections Inc. (NASDAQ: INTX) gained 11.4 percent to $2.55 after reporting Q1 results.
Noodles & Company (NASDAQ: NDLS) shares rose 10.9 percent to $8.65 following Q1 results.
Voyager Therapeutics, Inc. (NASDAQ: VYGR) climbed 10.6 percent to $18.54 following Q1 results.
Blink Charging Co. (NASDAQ: BLNK) rose 10.4 percent to $5.739.
Immersion Corporation (NASDAQ: IMMR) gained 9.6 percent to $12.69
Top 10 Heal Care Stocks For 2019: HCP, Inc.(HCP)
Advisors’ Opinion:
- [By Ethan Ryder]
Swiss National Bank decreased its position in shares of HCP, Inc. (NYSE:HCP) by 13.1% in the first quarter, Holdings Channel reports. The fund owned 1,499,221 shares of the real estate investment trust’s stock after selling 226,400 shares during the quarter. Swiss National Bank’s holdings in HCP were worth $34,827,000 as of its most recent SEC filing.
- [By Ethan Ryder]
HCP (NYSE:HCP) was downgraded by analysts at Evercore ISI from an in-line rating to an underperform rating.
Aurubis (ETR:NDA) was given a €90.00 ($104.65) target price by analysts at Nord/LB. The firm currently has a buy rating on the stock.
- [By Nelson Hem]
In "Raymond James Picks Welltower, Sabra Health In Underweighted Health Care REIT Sector," Shanthi Rexaline takes a look at why HCP, Inc. (NYSE: HCP) didn't make the cut among these health care REIT picks.
- [By Benzinga News Desk]
U.S. banks are rolling in so much dough they are begging regulators to let them return to the days of risky proprietary trading — all the while stiffing their interest-starved customers, critics say: Link
ECONOMIC DATA
April Chicago Fed National Activity index 0.34 vs 0.48 expected
The Treasury is set to auction 3-and 6-month bills at 11:30 a.m. ET.
Atlanta Fed President Raphael Bostic is set to speak at 12:15 p.m. ET.
Philadelphia Federal Reserve Bank President Patrick Harker will speak at 2:15 p.m. ET.
Minneapolis Federal Reserve President Neel Kashkariis set to speak at 5:30 p.m. ET.
ANALYST RATINGS
KeyBanc upgraded Alteryx (NYSE: AYX) from Sector Weight to Overweight
Stifel upgraded Knight-Swift (NYSE: KNX) from Hold to Buy
Evercore downgraded HCP (NYSE: HCP) from In-Line to Underperform
Evercore downgraded Vereit (NYSE: VER) from Outperform to In-Line
This is a tool used by the Benzinga News Desk each trading day — it's a look at everything happening in the market, in five minutes. To get the full version of this note every morning, click here.
- [By Matthew Frankel]
Healthcare real estate investment trust HCP (NYSE:HCP) hasn’t exactly been a high-performing stock recently. In fact, while the S&P 500 has risen 26% over the past two years, HCP has fallen 23%.
Top 10 Heal Care Stocks For 2019: Sonoco Products Company(SON)
Advisors’ Opinion:
- [By Ethan Ryder]
Packaging Co. of America (NYSE: PKG) and Sonoco (NYSE:SON) are both industrial products companies, but which is the better investment? We will compare the two businesses based on the strength of their risk, profitability, dividends, analyst recommendations, earnings, institutional ownership and valuation.
- [By Logan Wallace]
American International Group Inc. decreased its position in shares of Sonoco (NYSE:SON) by 3.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 198,994 shares of the industrial products company’s stock after selling 6,634 shares during the period. American International Group Inc. owned 0.20% of Sonoco worth $9,651,000 at the end of the most recent quarter.
- [By Ethan Ryder]
Sonoco (NYSE: SON) and Packaging Co. of America (NYSE:PKG) are both industrial products companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, earnings, profitability, risk, dividends, institutional ownership and valuation.
Top 10 Heal Care Stocks For 2019: Smart(SFS)
Advisors’ Opinion:
- [By Lisa Levin]
Losers
Heat Biologics, Inc. (NASDAQ: HTBX) shares tumbled 48.59 percent to close at $1.275 on Thursday after the company priced its $18,000,000 public offering.
InVivo Therapeutics Holdings Corp. (NASDAQ: NVIV) fell 38.77 percent to close at $8.26 on Thursday.
Check-Cap Ltd. (NASDAQ: CHEK) shares tumbled 27.43 percent to close at $8.81.
Achaogen, Inc. (NASDAQ: AKAO) dropped 24.76 percent to close at $11.06 in reaction to a disappointing update from an FDA AdCom panel. The FDA panel voted favorably for the company's Plazcomicin for treatment of adults with complicated urinary tract infections, but also voted against the therapy to be used as a treatment for bloodstream infections.
Anika Therapeutics, Inc. (NASDAQ: ANIK) shares declined 24.68 percent to close at $34.80 after the company posted downbeat quarterly results.
LSC Communications, Inc. (NASDAQ: LKSD) shares fell 24.22 percent to close at $12.64 following wider-than-expected Q1 loss.
Cardinal Health, Inc. (NYSE: CAH) fell 21.42 percent to close at $50.80 following downbeat quarterly profit.
Horizon Global Corporation (NYSE: HZN) dropped 20.42 percent to close at $6.00 following downbeat quarterly earnings.
Hornbeck Offshore Services, Inc. (NYSE: HOS) slipped 20.11 percent to close at $2.90 following wider-than-expected Q1 loss.
Esperion Therapeutics, Inc. (NASDAQ: ESPR) fell 19.28 percent to close at $36.93. Esperion Therapeutics stock lost roughly a third of its value Wednesday after the company reported mixed Phase III results for its leading drug candidate, bempedoic acid. JP Morgan downgraded Esperion Therapeutics from Neutral to Underweight.
Laredo Petroleum, Inc. (NYSE: LPI) declined 17.77 percent to close at $8.98 after the company reported weaker-than-expected Q1 earnings.
The Habit Restaurants, Inc. (NASDAQ: HABT) dipped 16.1 percent to close at $8.60 after the company reported downbeat quarterly results.
Arcadia Biosciences, Inc. (N - [By Shane Hupp]
Smart & Final (NYSE: SFS) and Kroger (NYSE:KR) are both consumer staples companies, but which is the better business? We will compare the two companies based on the strength of their dividends, institutional ownership, profitability, earnings, analyst recommendations, valuation and risk.
Top 10 Heal Care Stocks For 2019: IF Bancorp, Inc.(IROQ)
Advisors’ Opinion:
- [By Max Byerly]
News stories about IF Bancorp (NASDAQ:IROQ) have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. IF Bancorp earned a news sentiment score of 0.16 on Accern’s scale. Accern also gave news coverage about the savings and loans company an impact score of 47.5310825195986 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
- [By Stephan Byrd]
Press coverage about IF Bancorp (NASDAQ:IROQ) has trended somewhat negative on Tuesday, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. IF Bancorp earned a media sentiment score of -0.01 on Accern’s scale. Accern also assigned news headlines about the savings and loans company an impact score of 46.0647914274093 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Top 10 Heal Care Stocks For 2019: Radian Group Inc.(RDN)
Advisors’ Opinion:
- [By Joseph Griffin]
Radian Group (NYSE: RDN) and MGIC Investment (NYSE:MTG) are both mid-cap finance companies, but which is the better investment? We will compare the two businesses based on the strength of their profitability, earnings, dividends, risk, valuation, analyst recommendations and institutional ownership.
Top 10 Heal Care Stocks For 2019: Sally Beauty Holdings, Inc.(SBH)
Advisors’ Opinion:
- [By WWW.GURUFOCUS.COM]
For the details of ARISTOTLE FUND LP’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=ARISTOTLE+FUND+LP
These are the top 5 holdings of ARISTOTLE FUND LPTravelport Worldwide Ltd (TVPT) – 1,811,100 shares, 32.82% of the total portfolio. Shares added by 0.67%Web.com Group Inc (WEB) – 993,000 shares, 19.94% of the total portfolio. JC Penney Co Inc (JCP) – 4,739,000 shares, 15.87% of the total portfolio. Shares added by 420.20%Office Depot Inc (ODP) – 5,243,000 shares, 12.5% of the total portfolio. Shares added by 21.70%Sally Beauty Holdings Inc (SBH) – 596,900 shares, 10.89% o
- [By Shane Hupp]
Sally Beauty Holdings (NYSE:SBH) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totalling 27,233,251 shares, a growth of 11.8% from the April 13th total of 24,366,212 shares. Based on an average trading volume of 1,543,876 shares, the days-to-cover ratio is currently 17.6 days. Currently, 21.9% of the company’s shares are sold short.
- [By Stephan Byrd]
BMO Capital Markets set a $16.00 price target on Sally Beauty (NYSE:SBH) in a report published on Friday. The firm currently has a hold rating on the specialty retailer’s stock.
Top 10 Heal Care Stocks For 2019: The Hanover Insurance Group, Inc.(THG)
Advisors’ Opinion:
- [By Max Byerly]
The Hanover Insurance Group (NYSE:THG) was upgraded by stock analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “outperform” rating in a research report issued on Friday, Marketbeat Ratings reports.
- [By Joseph Griffin]
Goelzer Investment Management Inc. reduced its holdings in shares of The Hanover Insurance Group, Inc. (NYSE:THG) by 3.7% during the 1st quarter, HoldingsChannel reports. The fund owned 40,309 shares of the insurance provider’s stock after selling 1,563 shares during the period. Goelzer Investment Management Inc.’s holdings in The Hanover Insurance Group were worth $4,752,000 at the end of the most recent reporting period.
- [By Logan Wallace]
Scout Investments Inc. acquired a new position in shares of The Hanover Insurance Group, Inc. (NYSE:THG) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 174,629 shares of the insurance provider’s stock, valued at approximately $20,587,000. Scout Investments Inc. owned about 0.41% of The Hanover Insurance Group at the end of the most recent quarter.
Top 10 Heal Care Stocks For 2019: VirnetX Holding Corp(VHC)
Advisors’ Opinion:
- [By Stephan Byrd]
VHC traded up $0.10 on Tuesday, hitting $4.10. 918,663 shares of the company were exchanged, compared to its average volume of 270,649. VirnetX has a 12 month low of $2.03 and a 12 month high of $8.75.
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About VirnetX
- [By Paul Ausick]
Late Tuesday, a federal court jury in the eastern district of Texas awarded VirnetX Holding Corp. (NYSEAMERICAN: VHC) $502.6 million in a case that VirnetX brought against Apple Inc. (NASDAQ: AAPL) regarding infringement of VirnetX patents and patented technology.
