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Conjecturing partnering with TUBE on this:
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Facebook Is Testing Mid-Roll Video Ads in Facebook Live
Fifteen-Second Commercial Breaks Appear During Live-Streams
By Garett Sloane. Published on August 01, 2016.
Facebook has started running tests of mid-roll video ads inside live video broadcasts from top publishing partners, the company confirmed Monday.
These are Facebook's first ads that get served directly inside videos on the social network. "We're running a small test where a group of publishers have the option to insert a short ad break in their Facebook Live videos," Facebook said in an e-mail.
The social network has indicated for months that there was a possibility of introducing commercial breaks during live-streams, and head of product Fidji Simo touched on the opportunity in a forum in June.
Facebook has even been paying publishers and Web celebs to start streaming. The payments were seen as necessary because the platform does not have a mature ad-model for videos that it could share with its partners, who lacked the proper financial incentive to come on board.
Related Stories
Facebook has always been reluctant to show pre-roll spots -- ads directly before videos -- because CEO Mark Zuckerberg said he thinks that ruins the viewing experience. Clearly he is more amenable to mid-roll, as Facebook started notifying advertisers last month that their commercials could start showing up during live video streams, according to knowledgable people.
The ads are eligible to appear five minutes into a broadcast, and they last up to 15 seconds or shorter, according to one agency executive, who has discussed the ads with Facebook.
Facebook told advertisers that the video ads would be drawn from among promoted video campaigns already running on the platform, but some brands could opt out of having their ads appear during live broadcasts, the source said. "We wanted to opt out immediately, because there was no reporting on how well it does and you don't have control over where the commercial shows up," the agency executive said.
The concern was that some media companies cover volatile events, and some brands don't want ads to play during, say, a tragedy. Facebook Live rocketed into the mainstream since it played a part during police shootings last month, setting off mass protests.
Still, many live videos are of the uplifting variety. During its quarterly reporting last week, Facebook said "Chewbacca mom" reached 160 million views with a video of a woman trying on a mask of the "Star Wars" character while laughing hysterically. BuzzFeed has generated attention on live with stunts such as exploding a watermelon.
Publishers also control what categories of advertisers can run in their channels, and they can turn off the ads if there are any sensitive subjects being covered, said publishing sources familiar with the ads.
Live video has become a battleground for social media platforms -- Facebook, YouTube, Twitter and Snapchat -- all competing for more professional content. They are chasing TV to lure advertisers into digital video.
YouTube basically invented the model of splitting ad revenue from pre- and mid-roll ads with content creators to motivate their sharing on the platform.
Facebook has one deal with media partners in which it places promoted video posts among suggested videos, and it splits the ad revenue. That program has not made too many publishers rich, because they wind up making fractions of a penny per video view, according to publishing executives.
Facebook is still in the testing phase with the Live commercials, and it is not certain that it will develop them into a full-fledged ad product, sources said.
Facebook could eventually share revenue with the media partners, but it is not doing so as part of the test run, according to people familiar with the ad trials. Facebook keeps the ad revenue, but it does pay some premium publishers directly for their content on Live.
"We haven't seen any money yet," said one publishing executive, who is part of the trial. "We're basically doing them a favor."
One features would allow Facebook to serve different ads to different viewers watching the same live broadcast.
"It's cool. It's a tool that lets us take commercial breaks and go to commercial. It's real innovation," the publishing executive said.
The media partners are finding Facebook Live to be inconsistent in terms of how many viewers they can guarantee. Some broadcasts attract millions of views while others struggle for an audience, sources said.
"It's hit or miss. We know it takes time to figure out what works, and that's why Facebook is paying people to experiment before the results are fully in," the publishing executive said.
Facebook Live could become a legitimate advertising channel if brands build fresh creative commercials for it, according to Chris Tuff, director of business development at 22squared. For instance, last week, actor Vin Diesel streamed a behind-the-scenes look at his new "Fast and Furious" movie, which could have been a perfect time for the studio to run an ad, Mr. Tuff said.
"Vin Diesel just hit 100 million followers, which is crazy, so imagine they run mid-roll ads for the film he's starring in. It makes perfect sense," Mr. Tuff said.
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TUBE
I am in as of today @ $11.00. Had been bid sitting for about a week @ $10.90 and moved up as $11.00 has been holding. Disaster so far -- light volume and MMs taking out stops.
Seems like most of the sells are automatic so doesn't bother me so much.
http://www.nasdaq.com/symbol/tube/insider-trades
Institutes have increased shares:
http://www.nasdaq.com/symbol/tube/institutional-holdings
I've been thinking a swing trade for a company with potential, but don't think will hold through the quarterly on the 8th.
Someone very knowledgeable (Adam Singer)
supports this stock:
Adam Singer ?@AdamSinger 5m5 minutes ago
@OphirGottlieb added bit more $TUBE here.
You still in?
TUBE
Aeterna Zentaris and Rafa Laboratories Sign Exclusive License Agreement for Zoptrex™ in Israel
Aeterna Zentaris Inc. (NASDAQ: AEZS)(TSX: AEZ) (the “Company”) and Rafa Laboratories, Ltd. (“Rafa”) today announced the signing of an exclusive license agreement for the Company’s lead anti-cancer compound, Zoptrex™ (zoptarelin doxorubicin), for the initial indication of endometrial cancer, for Israel and the Palestinian Territories (the “Territory”). Zoptrex™, a novel synthetic peptide carrier linked to doxorubicin, is currently in a fully-enrolled Phase 3 clinical trial in endometrial cancer. The Company expects to complete the Phase 3 clinical trial in the third quarter of 2016 and, if the results of the trial warrant doing so, to file a new drug application for Zoptrex™ in the first half of 2017.
Under the terms of the License Agreement, Aeterna Zentaris will be entitled to receive a non-refundable upfront payment in consideration for the license to Rafa of the Company’s intellectual property related to Zoptrex™ and the grant to Rafa of the right to commercialize Zoptrex™ in the Territory. Rafa has also agreed to make additional payments to the Company upon achieving certain pre-established regulatory and commercial milestones. Furthermore, the Company will receive double-digit royalties on future net sales of Zoptrex™ in the Territory. Rafa will be responsible for the development, registration, reimbursement and commercialization of the product in the Territory. The Company and Rafa have also entered into a supply agreement, pursuant to which the Company will supply Zoptrex™ to Rafa for the duration of the license agreement.
David Dodd, President and CEO of the Company, stated, “We are very excited about this agreement for Zoptrex™ with Rafa Laboratories. Women with advanced endometrial cancer are in need of such additional treatments, and Zoptrex™ could prove to be a significant treatment option for them. This agreement is also consistent with our strategy of leveraging our pipeline to secure future revenues with strategic development and commercial licensees for specific regions of the world. We are very pleased to have Rafa Laboratories as our licensee for the Territory. Their experience and commitment to ensuring the success of Zoptrex™ in their Territory is most assuring.”
About Zoptrex™
Zoptrex™ is a complex molecule that combines a synthetic peptide carrier with doxorubicin, a well-known chemotherapy agent. The synthetic peptide carrier is (D)-Lys6-LHRH, a modified natural hormone believed to have a strong affinity for the LHRH receptor. The design of the compound allows for the specific binding and selective uptake of the cytotoxic conjugate by LHRH receptor-positive tumors. Potential benefits of this targeted approach include enhanced efficacy and a more favorable safety profile with lower incidence and severity of side effects as compared to doxorubicin.
About Rafa Laboratories, Ltd.
Rafa is a pharmaceutical company in Israel that markets, manufactures and distributes prescription (Rx) and over-the-counter (OTC) medicines, mainly proprietary formulations, as well as generic formulations, and consumer health products. With a history of over 75 years, Rafa is a trusted partner of some of the leading pharmaceutical companies, such as Mundipharma, Purdue, United Therapeutics, Napp, Ony, Galderma, Dr. Falk Pharma, Zambon and more. Rafa's wide range of products portfolio is complemented by world-class manufacturing facilities and a distribution network that maintains the quality and integrity of our partners’ products. The combination of its marketing expertise in market access and its extensive local presence, gives Rafa a competitive advantage that sets it apart from the competition. Rafa is part of a privately owned international group of independent associated pharmaceutical companies - the Purdue/Mundipharma/Napp group. These international companies develop and market a broad range of pharmaceutical solutions in key therapeutic areas, such as pain management, respiratory and oncology.
About Aeterna Zentaris Inc.
Aeterna Zentaris is a specialty biopharmaceutical company engaged in developing and commercializing novel treatments in oncology, endocrinology and women’s health. We are engaged in drug development activities and in the promotion of products for others. We are now conducting Phase 3 studies of two internally developed compounds. The focus of our business development efforts is the acquisition or license of products that are relevant to our therapeutic areas of focus. We also intend to license out certain commercial rights of internally developed products to licensees in territories where such out-licensing would enable us to ensure development, registration and launch of our product candidates. Our goal is to become a growth-oriented specialty biopharmaceutical company by pursuing successful development and commercialization of our product portfolio, achieving successful commercial presence and growth, while consistently delivering value to our shareholders, employees and the medical providers and patients who will benefit from our products. For more information, visit www.aezsinc.com.
Forward-Looking Statements
This press release contains forward-looking statements made pursuant to the safe harbor provisions of the US Securities Litigation Reform Act of 1995. Forward-looking statements may include, but are not limited to statements preceded by, followed by, or that include the words “expects,” “believes,” “intends,” “anticipates,” and similar terms that relate to future events, performance, or our results. Forward-looking statements involve known and unknown risks and uncertainties that could cause the Company's actual results to differ materially from those in the forward-looking statements. Such risks and uncertainties include, among others, the availability of funds and resources to pursue R&D projects and clinical trials, the successful and timely completion of clinical studies, the risk that safety and efficacy data from any of our Phase 3 trials may not coincide with the data analyses from previously reported Phase 1 and/or Phase 2 clinical trials, the rejection or non-acceptance of any new drug application by one or more regulatory authorities and, more generally, uncertainties related to the regulatory process, the ability of the Company to efficiently commercialize one or more of its products or product candidates, the degree of market acceptance once our products are approved for commercialization, the ability of the Company to take advantage of business opportunities in the pharmaceutical industry, the ability to protect our intellectual property, the potential of liability arising from shareholder lawsuits and general changes in economic conditions. Investors should consult the Company's quarterly and annual filings with the Canadian and US securities commissions for additional information on risks and uncertainties relating to forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements. The Company does not undertake to update these forward-looking statements. We disclaim any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments, except if required to do so.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160801005459/en/
Aeterna Zentaris Inc.
Philip A. Theodore, 843-900-3223
Senior Vice President
IR@aezsinc.com
_________________________________________
AEZS
Aeterna Zentaris to Announce Second Quarter 2016 Financial and Operating Results on August 9, 2016
Today : Wednesday 27 July 2016
Aeterna Zentaris Inc. (NASDAQ: AEZS) (TSX: AEZ) (the “Company”) will announce its second quarter 2016 financial and operating results after market close on Tuesday, August 9, 2016. The Company will host a conference call and webcast to discuss these results on Wednesday, August 10, 2016 at 8:30 a.m. Eastern Time.
Participants may access the live webcast via the Company's website at www.aezsinc.com, or by telephone using the following number: 201-689-8029, Confirmation #13640170. A replay of the webcast will also be available on the Company’s website for a period of 30 days.
About Aeterna Zentaris
Aeterna Zentaris is a specialty biopharmaceutical company engaged in developing and commercializing novel treatments in oncology, endocrinology and women’s health. We are engaged in drug development activities and in the promotion of products for others. We are now conducting Phase 3 studies of two internally developed compounds. The focus of our business development efforts is the acquisition of licenses to products that are relevant to our therapeutic areas of focus. We also intend to license out certain commercial rights of internally developed products to licensees in territories where such out-licensing would enable us to ensure development, registration and launch of our product candidates. Our goal is to become a growth-oriented specialty biopharmaceutical company by pursuing successful development and commercialization of our product portfolio, achieving successful commercial presence and growth, while consistently delivering value to our shareholders, employees and the medical providers and patients who will benefit from our products. For more information, visit www.aezsinc.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160727005164/en/
Aeterna Zentaris Inc.
Philip A. Theodore, Senior Vice President
843-900-3223
ir@aezsinc.com
__________________________________________________
AEZS
Radio One, Inc. Second Quarter 2016 Results Conference Call
WASHINGTON, July 14, 2016 /PRNewswire/ --
Radio One, Inc. (NASDAQ: ROIAK; ROIA) will be holding a conference call for investors, analysts and other interested parties to discuss its results for the second fiscal quarter of 2016.
The conference call is scheduled for Thursday, August 04, 2016 at 10:00 a.m. EDT. To participate on this call, U.S. callers may dial toll-free 1-800-230-1085; international callers may dial direct (+1) 612-332-0107.
A replay of the conference call will be available from 12:00 p.m. EDTAugust 04, 2016 until 11:59 p.m. EDTAugust 06, 2016. Callers may access the replay by calling 1-800-475-6701; international callers may dial direct (+1) 320-365-3844. The replay Access Code is 397824. Access to live audio and a replay of the conference call will also be available on Radio One's corporate website at www.radio-one.com. The replay will be made available on the website for seven days after the call.
Cautionary Note Regarding Forward-Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements represent management's current expectations and are based upon information available to Radio One at the time of this release. These forward-looking statements involve known and unknown risks, uncertainties and other factors, some of which are beyond Radio One's control, that may cause the actual results to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially are described in Radio One's reports on Forms 10-K, 10-Q, 8-K, S-3 and other filings with the Securities and Exchange Commission (the "SEC"). Radio One does not undertake any duty to update any forward-looking statements.
About Radio One, Inc.
Radio One, Inc., together with its subsidiaries (http://www.radio-one.com/), is a diversified media company that primarily targets African-American and urban consumers. The Company is one of the nation's largest radio broadcasting companies, currently owning and/or operating 56 broadcast stations located in 16 urban markets in the United States. Through its controlling interest in Reach Media, Inc. (http://www.blackamericaweb.com/), the Company also operates syndicated programming including the Tom Joyner Morning Show
, the Russ Parr Morning Show
, the Rickey Smiley Morning Show, Bishop T.D. Jakes'
"Empowering Moments", and the Reverend Al Sharpton Show
. Beyond its core radio broadcasting franchise, Radio One owns Interactive One (http://www.interactiveone.com/), an online platform serving the African-American community through social content, news, information, and entertainment. Interactive One operates a number of branded sites, including News One, UrbanDaily, HelloBeautiful and social networking websites, including BlackPlanet and MiGente. In addition, the Company owns TV One, LLC (http://www.tvoneonline.com/), a cable/satellite network programming primarily to African-Americans.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/radio-one-inc-second-quarter-2016-results-conference-call-300298955.html
SOURCE Radio One
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ROIAK
So according to this site the pps will drop $1.50 on the ex-date:
Quote:
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DIVIDEND UNIVERSITY
Share
Everything Investors Need to Know About Special Dividends
Jared CummansOct 14, 2014
Special dividends are one-time cash payouts to shareholders (sometimes referred to as special cash dividends). Sometimes, when a company has extra cash on the books, rather than reinvest it back into the company, it will pay it out to shareholders on a one-off basis.
Background on Special Dividends
Special dividend payments
Special dividends are also known as one-time dividends. These payouts are made to shareholders and declared to be separate from regular dividends. They are typically one-off events and are thus not factored into a stock’s dividend yield.
These one-time dividends have become increasingly popular even among companies that do not pay a regular dividend. In tough economics times, as been the case since after The Great Recession, companies are looking to do something with excess capital. Instead of trying to expand their operations with risky capital investments, they are instead choosing to distribute the profits to shareholders. Complete your investing knowledge; check out Everything Investors Need to Know About Ex-Dividend Dates.
When Are They Paid?
A company will usually pay out a special dividend after strong earnings as a way to reward long-term investors. However, there are times when special dividends are paid out when a company is trying to make changes to its financial structure. For instance, Iron Mountain (IRM ) announced that it would pay out a special dividend amid plans to convert to a Real Estate Investment Trust. Either way, special dividend announcements are typically made in advance of any kind of pay out.
These payouts are often quite large, usually much larger than normal dividend payouts. They can reach prices that represent 30% of a stock’s current price (i.e. a $10 stock may pay out a $3 special dividend) — or even more. This is great for current shareholders. However, it is impossible to predict when a company will payout a special dividend. There are no set schedules or warnings signs that a one time dividend will be coming. If you own the stock and it decides to pay, great; that is an added benefit of being a shareholder. Before you get further into investing, check out 40 Things Every Dividend Investor Should Know About Dividend Investing.
More on Large Special Dividends
Cash dividend payouts
As stated above, sometimes special cash dividends make up a large percentage of a stock’s price. Many times this means that these large special dividends are applied with certain rules that differentiate them from normal dividends. The biggest difference concerning special dividend stocks is that the ex-dividend (for special payouts) comes after the record and pay date, not before (like is the case with regular dividends or smaller special dividends).
This difference occurs because on the ex-dividend date the stock exchange adjusts the stock price to account for the dividend to be paid out. If this same procedure were to happen in the case for a large dividend, say 25% of the stock price or more, then this might signal a huge drop in share price that could affect many traders and investors.
Rather than deal with these headaches, the stock exchanges apply a special rule to deal with these large one-time dividends. The exchanges (not the companies) set an ex-dividend after the record and pay date. Now, you may be wondering how some might receive their dividend if it is paid before the ex-dividend date (the date on which owners of a stock have the right to receive the dividend). To get around this obstacle, the stocks bought or sold in the period from the record date to the ex-dividend date (the due bill period) are tagged with something called a “due bill.”
The due bill documents are a contract that lays out a stock seller’s obligation to deliver the dividend to the stock buyer. For example, let’s say company XYZ is offering a special dividend that is worth 30% of the current share price. This dividend is tagged with a record date of March 1, a pay date of March 15, and an ex-dividend date of March 18. If an owner of stock from XYZ holds the asset through March 15, he would receive the dividend paid at that point. However, if he were to sell that stock on March 17, then the new owner of the asset on the ex-dividend date of March 18 would have the right to the dividend that the original owner has already pocketed. Therefore, the due bill attached to the stock is a promissory note mandating that the original owner passes on the dividend to the new owner.
Date Dividend Event
March 1 Record Date
March 15 Pay Date
March 18 Ex-Dividend Date
Special Dividend Payout Example
This process is a bit complicated, but it is in place so that a stock’s value is not unfairly compromised in a manner that might impact margin calls or other trading transactions. However, this 25% or more rule is a general rule, not a strict one. Many times foreign dividend paying stocks are not held accountable to this stipulation by the stock exchanges. Moreover, some domestic shares are granted an exclusion from this process. It would benefit investors if the criteria to determine which stocks are subject to these rules were made public, but currently the factors FINRA uses to make this call are determined on a case-by-case basis.
Investing Strategies
Investors might be tempted to trade around, or “capture,” special dividends to take advantage of the high yields. However, the stock exchanges set complicated dividend dates in order to prevent traders from trying to take advantage of the dividend system. And as with all dividend payouts, the stock price will be negatively adjusted on the ex-dividend date to reflect the upcoming payout. Special dividends are strictly to reward long-term shareholders.
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http://www.dividend.com/dividend-education/special-dividends-everything-investors-need-to-know/
EMKR
Not sure you are correct. Check out:
Quote:
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Why All These Dates?
Ex-dividend dates are used to make sure dividend checks go to the right people. In today's market, settlement of stocks is a T+3 process, which means that when you buy a stock, it takes three days from the transaction date (T) for the change to be entered into the company's record books.
As mentioned, if you are not in the company's record books on the date of record, you won't receive the dividend payment. To ensure that you are in the record books, you need to buy the stock at least three business days before the date of record, which also happens to be the day before the ex-dividend date.
exdiv.gif (check article for chart)
Copyright © 2016 Investopedia.com
As you can see by the diagram above, if you buy on the ex-dividend date (Tuesday), which is only two business days before the date of record, you will not receive the dividend because your name will not appear in the company's record books until Friday. If you want to buy the stock and receive the dividend, you need to buy it on Monday. (When the stock is trading with the dividend the term cum dividend is used). But, if you want to sell the stock and still receive the dividend, you need to sell on or after Tuesday the 6th.
*Note: Different rules apply if the dividend is 25% or greater of the value of the security. In this case, the Financial Industry Regulatory Authority (FINRA) indicates that the ex-date is the first business day following the payable date. For further details on dividend issues, look at FINRA's website.
Read more: Dissecting Declarations, Ex-Dividends And Record Dates | Investopedia http://www.investopedia.com/articles/02/110802.asp#ixzz4EOjsJfK5
According to the company:
The record date is 7/18/2016 so I believe today is the last date to buy. The payable date is 7/29/2016 and the ex-date is 8/1/2016. So I believe you need to buy today to be on record and hold through 8/1/2016 to get the dividend. The shares should not be adjusted until 8/1/2016 if then. I'm not sure and checking if there is a down adjustment since it is a special dividend.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=123753776
EMKR
Seems to me to be a great deal. Can't understand why ~582,000 shares sold (and bought) yesterday -- over double the typical average. Why sell so close to the record date? See some covering their shorts and some taking profit, but why are the institutions letting the divy go, especially given EMCORE's long range prospects seem so good. Even if drops after the record date can't see it dropping more than the realized dividend.
Hard to find info since so few folks follow this stock. What am I missing?
I'm going for more on any dip and bid sit the next few days.
EMKR
Analyst Favorites With Strong Buyback Activity: EMCORE Ranks As a Top Pick
By The Online Investor Staff, Tuesday, July 12, 1:27 PM ET
A study of analyst recommendations at the major brokerages shows that EMCORE Corp. (NASDAQ:EMKR) is the #5 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period. In forming the rank, the analyst opinions from the major brokerage houses were tallied, and averaged; then, the list of stocks with strong buyback activity was ranked according to those averages.
Investors are often keenly interested in knowing which companies are buying back their own stock, because companies often will only make such a move if they feel their stock is undervalued. EMCORE Corp. is a company with strong buyback activity that is also considered a compelling buy by analysts; a bullish investor could take this to mean that sharp analyst minds came to the same bullish conclusion as the company itself that the stock is a good value, and therefore the stock should do well in the future.
Analysts studying companies buying back their own stock will also factor into their analysis that future earnings will now be spread over a smaller share count, thereby increasing the per-share earnings the remaining shares will enjoy, versus what that same number would have been absent the stock buyback activity.
EMKR operates in the Semiconductors sector, among companies like Intel Corp (INTC) which is up about 1% today, and Taiwan Semiconductor Manufacturing Co., Ltd. (TSM) trading lower by about 1%. Below is a three month price history chart comparing the stock performance of EMKR, versus INTC and TSM.
EMKR,INTC,TSM Relative Performance Chart
(chart omitted)
EMKR is currently trading up about 1.3% midday Tuesday.
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http://www.theonlineinvestor.com/article/201607/analyst-favorites-with-strong-buyback-activity-emcore-ranks-as-a-top-pick-MKR07122016bbdarling.htm/?utm_medium=twitter&utm_source=twitterfeed
EMKR
ALIANZA MINERALS COMPLETES ISY WORK PROGRAM IN PERU
Jul 6, 2016 | 2016 News
Alianza Minerals Ltd. (TSX-V: ANZ) (“Alianza” or the “Company”) is pleased to announce that a prospecting, mapping and sampling program has been completed at the Isy epithermal gold and silver property (“Isy”) in the Ayacucho Department, Peru. A total of 114 samples were submitted for analyses, including 18 soil samples, 91 rock samples and 5 control standards. Highlights of the program include the expansion of the area of low sulphidation quartz veining at the Jello Orcco area to a strike length of 2.7 kilometres and a vertical extent of 200 metres. This program was designed to gain a better understanding of the lithologic and structural controls of quartz veining and epithermal alteration as well as to assess the overall breadth of veining and alteration on the property. Analytical results will be released once received and interpreted.
Isy is located 110 kilometres east of Ica, Peru. It is an early stage gold-silver exploration property that was acquired in 2010 based on regional analysis of LANDSAT alteration anomalies, structural geology, and regional metallogenic studies. The property is underlain by Miocene volcanic rocks that host epithermal-style alteration and quartz veining. Alianza’s predecessor, Estrella Gold, completed initial reconnaissance mapping and sampling which confirmed the presence of anomalous gold values in two locations, with associated highly anomalous epithermal-suite metals (antimony, arsenic, mercury).
At the Jello Orcco prospect area, previous work sampled 83.8 gram per tonne (g/t) silver and 0.54 g/t gold from low sulphidation-style quartz veining. This area was targeted for detailed follow up including 1:2000 scale mapping, prospecting and sampling which resulted in the identification of north trending veins generally 0.4 to 1.5 metres in width (locally up to 10 metres wide) occurring discontinuously over 2.7 kilometres of strike length. The veins are hosted in a variable sequence of volcaniclastic rocks.
The Isy Property is wholly-owned and available for option. Once analytical results are compiled and interpreted, maps and images will be available at Alianza’s website (www.alianzaminerals.com). Management will be seeking a partner to continue exploration of the Isy Property.
About Alianza Minerals Ltd.
Alianza increases the chances of success in mineral exploration by using the “Prospect Generator” business model, focusing on gold and copper exploration in the Americas. Mr. Jason Weber, BSc, P.Geo., Alianza’s President and CEO is a Qualified Person as defined by National Instrument 43-101. Mr. Weber supervised the preparation of the technical information contained in this release.
For further information, contact:
Jason Weber, President and CEO
Sandrine Lam, Shareholder Communications
Tel: (604) 687-3520
Fax: (888) 889-4874
To learn more visit: www.alianzaminerals.com
Forward Looking Information
This news release contains forward-looking statements and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the Shares-for-Debt Transaction, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are risks detailed from time to time in the filings made by the Company with securities regulations.
The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. As a result, the Company cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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http://alianzaminerals.com/alianza-minerals-completes-isy-work-program-in-peru/
TARSF
EMCORE Awarded its Largest Contract to Supply Fiber Optic Gyroscopes for Airborne Navigation Systems Applications
The Contract is Valued at $3 Million
ALHAMBRA, Calif., July 12, 2016 (GLOBE NEWSWIRE) --
EMCORE Corporation (NASDAQ:EMKR), a leading provider of Indium Phosphide (InP) optical chips, components, subsystems and systems for the broadband and specialty fiber optics market, announced today that it has been awarded a $3 million contract to supply Fiber Optic Gyroscope (FOG) modules to a major U.S. prime contractor for use in airborne navigation systems applications. The contract is for FOG modules based on EMCORE's EMP series that are expected to be shipped this year with the potential for additional FOG shipments totaling $15 million over a five-year period.
EMCORE's FOG modules feature advanced integrated optics and closed-loop Digital Signal Processing (DSP) electronics to deliver higher accuracy, lower noise, greater efficiency, improved drift stability and higher linearity than competing technologies. They leverage our core Mixed-Signal technology with both analog and digital circuits combined on multiple chips, or even a single chip. Mixed-Signal technology is at the heart of all EMCORE products and requires a specialized expertise which is unique in the optics industry.
EMCORE FOGs are designed to operate over a broad distance range with a typical bias drift from .05 to .01 degrees per hour. Bias drift is an important measure of accuracy and precision of the FOG, with lower bias models delivering higher performance overall. These performance specifications are ideal for demanding airborne navigation systems applications. EMCORE's FOG technology also has broad application for land-based and maritime navigation systems.
"With the advancements in integrated optical packaging and rate sensor technology in our latest generation of FOGs, EMCORE has been able to achieve noise values that are two-times lower than the traditional implementation of FOG technology," said Dr. K.K. Wong
, Director of Fiber Optic Gyro Products for EMCORE. "This provides us a price-performance advantage that has enabled us to achieve deeper penetration into the market for airborne navigation and aeronautic systems applications," added Dr. Wong.
"This is a very important contract award for our navigation sensor business," commented Jeffrey Rittichier
, EMCORE's President and CEO. "This is an important validation of our Mixed-Signal optics strategy, and an application where we expect to see significant growth potential over the next several years. We are extremely pleased to win this contract, and to supply our FOG modules in volume to one of our most valued customers."
About EMCORE
EMCORE Corporation designs and manufactures Indium Phosphide (InP) optical chips, components, subsystems and systems for the broadband and specialty fiber optics market. EMCORE was the pioneer in linear fiber optic transmission technology, and today is a leader in optical components, as well as a provider of complete end-to-end solutions for high-speed communications network infrastructures, enabling systems and service providers to meet growing demand for bandwidth and connectivity. EMCORE's advanced optical technologies are designed for cable television (CATV) and fiber-to-the-premise (FTTP) networks, telecommunications and data centers, satellite communications, aerospace and defense, wireless networks, and broadcast and professional audio/video systems. With its world-class InP semiconductor wafer fabrication facility, EMCORE has fully vertically-integrated manufacturing capability and also provides contract design, foundry and component packaging services. EMCORE is headquartered in Alhambra, California, USA with InP wafer fabrication operations in Alhambra, and ISO 9001 certified manufacturing in Alhambra and Langfang, China. For further information, please visit http://www.emcore.com.
Forward-looking statements:
The information provided herein may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements include statements regarding EMCORE's plans, strategies, business prospects, growth opportunities, changes and trends in our business and expansion into new markets. These forward-looking statements are based on management's current expectations, estimates, forecasts and projections about EMCORE and are subject to risks and uncertainties that could cause actual results and events to differ materially from those stated in the forward-looking statements, including without limitation, the following: (a) the rapidly evolving markets for EMCORE's products and uncertainty regarding the development of these markets; (b) EMCORE's historical dependence on sales to a limited number of customers and fluctuations in the mix of products and customers in any period; (c) delays and other difficulties in commercializing new products; (d) the failure of new products: (i) to perform as expected without material defects, (ii) to be manufactured at acceptable volumes, yields, and cost, (iii) to be qualified and accepted by our customers, and (iv) to successfully compete with products offered by our competitors; (e) uncertainties concerning the availability and cost of commodity materials and specialized product components that we do not make internally; (f) actions by competitors; and (g) other risks and uncertainties discussed under Item 1A - Risk Factors in our Annual Report on Form 10-K for the fiscal year ended September 30, 2015, as updated by our subsequent periodic reports. Forward-looking statements contained in this press release are made only as of the date hereof, and EMCORE undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
EMCORE CorporationGyo Shinozaki
Vice President of Marketing
(626) 293-3616
gshinozaki@emcore.com
Media
Joel Counter
Manager, Corporate Marketing Communications
(626) 999-7017
media@emcore.com
Investor
Erica Mannion
Sapphire Investor Relations, LLC
(617) 542-6180
investor@emcore.com
Source: EMCORE Corporation
___________________________________________________
http://www.nasdaq.com/press-release/emcore-awarded-its-largest-contract-to-supply-fiber-optic-gyroscopes-for-airborne-navigation-20160712-00637
EMKR
Emcore Corporation (NASDAQ:EMKR) Shorted Shares Decreased By 7.48%
by Staff Contributor — July 10, 2016
The stock of Emcore Corporation (NASDAQ:EMKR) registered a decrease of 7.48% in short interest. EMKR’s total short interest was 477,200 shares in July as published by FINRA. Its down 7.48% from 515,800 shares, reported previously. With 172,200 shares average volume, it will take short sellers 3 days to cover their EMKR’s short positions. The short interest to Emcore Corporation’s float is 1.99%. The stock increased 2.10% or $0.13 on July 8, hitting $6.31. EMCORE Corporation (NASDAQ:EMKR) has declined 17.95% since December 2, 2015 and is downtrending. It has underperformed by 20.37% the S&P500.
EMCORE Corporation is engaged in designing and manufacturing indium phosphide optical chips, components, subsystems and systems for the broadband and specialty fiber optics market. The company has a market cap of $168.17 million. The Firm focuses on linear fiber optic transmission technology. It has a 112.46 P/E ratio. The Firm operates through Fiber Optics segment.
The institutional sentiment decreased to 0.91 in 2016 Q1. Its down 0.38, from 1.29 in 2015Q4. The ratio worsened, as 13 funds sold all EMCORE Corporation shares owned while 33 reduced positions. 8 funds bought stakes while 34 increased positions. They now own 17.74 million shares or 12.67% less from 20.31 million shares in 2015Q4.
Kopp Investment Advisors Llc holds 2.04% of its portfolio in EMCORE Corporation for 747,970 shares. Paradigm Capital Management Inc Ny owns 611,963 shares or 0.36% of their US portfolio. Moreover, Millrace Asset Group Inc. has 0.27% invested in the company for 39,300 shares. The Pennsylvania-based Tfs Capital Llc has invested 0.23% in the stock. Polar Asset Management Partners Inc., a Ontario – Canada-based fund reported 1.01 million shares.
Out of 3 analysts covering Emcore (NASDAQ:EMKR), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Emcore has been the topic of 6 analyst reports since July 28, 2015 according to StockzIntelligence Inc.
______________________________________________
http://www.engelwooddaily.com/emcore-corporation-nasdaqemkr-shorted-shares-decreased-by-7-48/440016/
EMKR
Interesting info on company website. Looks like >100% shares held by tutes and mutual funds. Doesn't leave much room for retail!! Have never seen such detailed ownership summary as they present.
http://investor.emcore.com/ownership-profile.cfm
EMKR
AH bid of $6.31 at $18K shares. Ask $6.40.
EMKR
Incredible divy. Holding my shares tight. Eager for more if it dips.
Pretty high short position:
Settlement Date Short Interest Avg Daily Share Volume Days To Cover
6/15/2016 477,224 172,163 2.771931
Read more: http://www.nasdaq.com/symbol/emkr/short-interest#ixzz4Dqme0BYZ
I'm guessing they will be covering next few days as they have the last two and then come next Thurs/Friday there will be some serious scrambling for shares.
Your take?
EMKR
A bit more info from their website (important info about the ex-div date):
"QUESTIONS AND ANSWERS
Special Cash Dividend
(Updated July 7, 2016)
Preface
On July 6, 2016, EMCORE Corporation announced that its Board of Directors has declared a special cash
dividend of $1.50 per share of EMCORE common stock, payable July 29, 2016 to shareholders of record on
July 18, 2016. The aggregate dividend payment will total approximately $40 million based on the number of
shares of EMCORE common stock outstanding as of July 5, 2016.
Trading of EMCORE Common Stock
1. How will trading in EMCORE’s common stock be impacted by the dividend?
At $1.50 per share, the dividend declared by EMCORE’s Board of Directors represented approximately 26%
of EMCORE’s closing stock price on July 5, 2016. Pursuant to NASDAQ rules, when a dividend is declared
in a per share amount that exceeds 25% of a company’s stock price, the date on which that company’s shares
will begin to trade without the right to receive the dividend, or ex-dividend, is generally the first business day
following the payable date (rather than the second business day preceding the record date for cash distributions
representing less than 25% of the value of the common stock). NASDAQ has applied this rule and has
designated August 1, 2016, the first business day following the payable date for the dividend, as the exdividend
date. Shareholders who hold shares of EMCORE common stock at the close of business on the
record date will be entitled to receive the special cash dividend, but shares of EMCORE common stock will
trade with the entitlement to the dividend until the ex-dividend date. Therefore, if you own shares of
EMCORE common stock at the close of business on the record date and you sell those shares prior to
the ex-dividend date, you will not receive the special cash dividend.
Tax Treatment of Special Cash Dividend
1. What are the U.S. federal income tax consequences of the special cash dividend?
For U.S. federal income tax purposes, the distribution will be a dividend to the extent it is paid out of the
EMCORE’s current or accumulated earnings and profits, as determined under U.S. federal income tax
principles. Based on these rules, EMCORE currently estimates that 7% to 12% of the payment will be treated
as a dividend for tax purposes, with the balance treated as a nontaxable return of capital for U.S. federal
income tax purposes. This estimate is preliminary and subject to change based upon a comprehensive review
and analysis of EMCORE’s history as well as actual results for the entire 2016 taxable year.
An EMCORE shareholder’s tax basis in shares of EMCORE common stock will be reduced by the amount of
the distribution that is a return of capital. If the return of capital exceeds the shareholder’s tax basis in
EMCORE common stock, the remainder of the distribution in excess of the shareholder’s basis will be treated
as a capital gain. Shareholders are encouraged to consult their tax advisors to determine the tax treatment for
their particular shares.
- 2 -
2. Does a return of capital distribution receive similar tax treatment for state income tax purposes?
Generally, yes, unless the state tax law specifically diverges. Again, shareholders are encouraged to consult
their tax advisors for the tax treatment in their state."
(they have a 2 page discussion)
EMKR
Already double 50 day average volume. Hard to understand why anyone would sell here given just a week from the ex-dividend day and $1.50/share. Would have to have a collapse in the market to not realize some gain unless folks figuring they will get shares cheaper.
EMKR
Back in @ $6.30. Got to believe this is a sure winner with the $1.50 / share special dividend.
_____________________________________________________-
EMCORE to Issue Special Dividend of $1.50 per share
Company completes return of approximately $85M to shareholders with special dividend
ALHAMBRA, Calif., July 06, 2016 (GLOBE NEWSWIRE) --
EMCORE Corporation (NASDAQ:EMKR), a leading provider of Indium Phosphide (InP) optical chips, components, subsystems and systems for the broadband and specialty fiber optics market, announced today that it has completed its strategic review and will distribute $1.50 per share via a special dividend payable on July 29, 2016 to shareholders of record as of July 18, 2016.
With this action, EMCORE's Board of Directors will have returned approximately $85M of cash to its shareholders since June 2015, representing approximately 50% of the cash received from operations sold in the prior fiscal year.
"The return of cash to shareholders will strongly improve the Return on Assets of the business by reducing our overall capitalization, while maintaining flexibility to invest in new market opportunities to accelerate earnings growth," says Jeffrey Rittichier
, President and CEO. "As previously stated, we're encouraged by the performance of our CATV and Fiber Optic Gyro businesses and see strong growth opportunities in these and other areas to continue improving our financial performance," added Rittichier.
"During my first year at EMCORE, we grew revenues 47% and improved gross margins 13 points from FY14 to FY15, positioning the company for profitable growth. Building on this progress, we returned $45M to shareholders in June 2015 and began executing a strategic re-alignment of the manufacturing operations to drive margins higher. With the core operations of the business on improved footing, in December 2015 the Board and management began a comprehensive strategic review to strike the right balance between returning assets to shareholders and investing in growth opportunities. During this review period, we actively worked to eliminate risks to our balance sheet posed by the Sumitomo arbitration and other lingering liabilities. Given the recent successful outcome of the Sumitomo arbitration and the completion of our strategic review, we are pleased to announce this return of capital to our shareholders," continued Rittichier.
As part of the strategic review process, the company evaluated its growth opportunities in existing and adjacent markets, analyzed its products, technologies and production capabilities, and concluded that it could fully leverage its core competency in Mixed-Signal Optics in both existing and new markets. As Mixed-Signal devices have both analog and digital circuits on multiple chips, or even a single chip, the value of these solutions are often far greater than traditional digital applications, and as a result require a specialized expertise which is unique in the optics industry.
"Given EMCORE's existing leadership in Mixed-SignalOptic products such as DOCSIS 3.1 transmission devices, and emerging position in new products such as Fiber Optic Gyros and 5G Distributed Antenna System components for wireless applications, it became clear there is an opportunity to leverage our core Mixed-Signal competencies to penetrate new markets. EMCORE is uniquely positioned as a supplier of advanced Mixed-Signal solutions given our design expertise and our captive wafer fabrication facility," continued Rittichier. "Mixed-Signal technology is at the heart of all of our products, and is shared between Fiber Optic Gyros (Sensor) and our CATV (Transmission) products alike. As a matter of fact, if one were to open up one of our Fiber Gyros, one would see a miniature communication link that requires the same technologies, chip designs and production assets as our CATV products, giving us the ability to leverage our high volume infrastructure against lower volume, higher value added product," concluded Rittichier.
The Company is currently in a quiet period until it reports its fiscal third quarter results at which time the Company will host its regularly scheduled quarterly conference call. For more information regarding the special cash dividend please visit the investors section of the Company's website at http://investor.emcore.com/downloads.cfm for a copy of the Question and Answer document.
About EMCORE
EMCORE Corporation designs and manufactures Indium Phosphide (InP) optical chips, components, subsystems and systems for the broadband and specialty fiber optics market. EMCORE was the pioneer in linear fiber optic transmission technology, and today is a leader in optical components, as well as a provider of complete end-to-end solutions for high-speed communications network infrastructures, enabling systems and service providers to meet growing demand for bandwidth and connectivity. EMCORE's advanced optical technologies are designed for cable television (CATV) and fiber-to-the-premise (FTTP) networks, telecommunications and data centers, satellite communications, aerospace and defense, wireless networks, and broadcast and professional audio/video systems. With its world-class InP semiconductor wafer fabrication facility, EMCORE has fully vertically-integrated manufacturing capability and also provides contract design, foundry and component packaging services. EMCORE is headquartered in Alhambra, California, USA with InP wafer fabrication operations in Alhambra, and ISO 9001 certified manufacturing in Alhambra and Langfang, China. For further information, please visit http://www.emcore.com.
Forward-looking statements:
The information provided herein may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, in particular, statements about our plans, strategies, business prospects, changes and trends in our business and expansion into new markets. These forward-looking statements are based on management's current expectations, estimates, forecasts and projections about EMCORE and are subject to risks and uncertainties that could cause actual results and events to differ materially from those stated in the forward-looking statements, including without limitation, the following: (a) the rapidly evolving markets for the Company's products and uncertainty regarding the development of these markets; (b) the Company's historical dependence on sales to a limited number of customers and fluctuations in the mix of products and customers in any period; (c) delays and other difficulties in commercializing new products; (d) the failure of new products: (i) to perform as expected without material defects, (ii) to be manufactured at acceptable volumes, yields, and cost, (iii) to be qualified and accepted by our customers, and (iv) to successfully compete with products offered by our competitors; (e) uncertainties concerning the availability and cost of commodity materials and specialized product components that we do not make internally; (f) actions by competitors; and (g) other risks and uncertainties discussed under Item 1A - Risk Factors in our Annual Report on Form 10-K for the fiscal year ended September 30, 2015, as updated by our subsequent periodic reports. Forward-looking statements contained in this press release are made only as of the date hereof, and EMCORE undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
EMCORE CorporationJikun Kim
Chief Financial Officer
(626) 293-3400
investor@emcore.com
Media
Joel Counter
Manager, Corporate Marketing Communications
(626) 999-7017
media@emcore.com
Investors
Erica Mannion
Sapphire Investor Relations, LLC
(617) 542-6180
investor@emcore.com
Read more: http://www.nasdaq.com/press-release/emcore-to-issue-special-dividend-of-150-per-share-20160706-00870#ixzz4DjAiyeWJ
_________________________________________
EMKR
Hope you have shares. I don't, spent too much time researching. Looks like it is all up now until the catalyst. May have waited too long.
PGNX
True, but would have rather sold when it was in the $2.90's a month ago and bought back when it was in the $2.20's. Actually have been bid sitting on BDSI many days but hasn't gone low enough. Market too volatile to hold very long for my taste (look at BDSI from early today till now).
BDSI is in the right place.
Sold @ $20.50 for a few dollars profit. Got to watch it more.
CORN
Now see the issue. New to ag commodities and now see that the board closes at noon:
"Chicago Agriculture Commodities Finished Lower
By Paul Ebeling on June 30, 2016No Comment
$CORN, $WEAT, $SOYB
Chicago Board of Trade (CBOT) Corn, Wheat and Soybean all settled lower Wednesday.
The most active Corn contract for Dec delivery fell 11.25 cents, or 2.85%, to settle at 3.83 bu."
New weather forecast showed rains will come into some Corn fields in Kansas and Missouri during the next 7 days, and agriculture analysts noted that rain forecast weighed on Corn and Soybean as it has eased the concerns about hotter and drier weather may dent the progress of those crops.
The US Energy Information Administration (EIA) said Wednesday that till the week 24 June, US production of Corn-based Ethanol production increased to was 1,003,000 BPD, higher than prior week’s 962,000. However, the stocks of Ethanol were bigger than previous week, which was rated by EIA at 21,167,000 bbl.
The US Department of Agriculture (USDA) is scheduled to release its annual acreage report and grain stock report Thursday, analysts noted Corn, Wheat and Soybean closed lower as the investors are awaiting the report for more clues.
Some analysts said that Soybean fell on expectations that USDA will estimate farmers have increased their Soybean seedings.
Technical selling before the USDA’s Thursday Key report also pressured Corn, Wheat and Soybean. According to a Chicago-based agriculture consultancy CBOT brokers estimated that funds have sold 12,000 contracts of Corn, 4200 contracts of Wheat and 3,600 contracts of Soybean before mid-day Wednesday.
In addition, some agriculture analysts attributed the declines of Wheat to ongoing Winter Wheat harvest in the US Midwest and Southern Plains.
____________________________________________
CORN
So much for that -- now see 15K bid @ .41.
QURE
Ended up selling @ $7.37 this afternoon. Still greatly oversold but not sure can make it over .40 today and market too volatile.
QURE
Limited out at $22.25 -- jumped up before could change my ask. Look to re-enter.
STX
Sold KTOS @ $4.15 today. Tired of watching it jump 3% or so early and then trend down all day.
Looking to play this trend which seems to play out every day.
KTOS
Kratos Awarded $9.4 Million Contract for Helicopter Maintenance Training Systems
SAN DIEGO, June 23, 2016 (GLOBE NEWSWIRE) --
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS), a leading National Security Solutions provider, announced today that it was awarded a $9.4 million contract in support of a major U.S. ally for helicopter avionics training systems, including two Kratos-developed Maintenance Blended Reconfigurable Aviation Trainers (MBRATs).
Under the awarded contract, Kratos will provide on-site and post-delivery support for the training systems, which provide high fidelity hands-on, full-task and virtual training through simulation of helicopter avionics systems. The MBRAT is a reconfigurable system designed and built by Kratos to provide avionics maintenance procedures and remove-and-install training for multiple rotorcraft platforms.
"Kratos has been a leading provider of helicopter maintenance training systems to the U.S. Department of Defense for many years, and this award extends our global growth in supplying training solutions to our allied forces," said Jose Diaz
, Senior Vice President of Kratos Training Solutions. This training system contract award comes on the heels of recent training contract wins in the U.K. and the Kingdom of Saudi Arabia.
About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (Nasdaq:KTOS) is a mid-tier government contractor at the forefront of the Department of Defense's Third Offset Strategy. Kratos is a leading technology, intellectual property and proprietary product and solution company focused on the United States and its allies' national security. Kratos is the industry leader in high performance unmanned aerial drone target systems used to test weapon systems and to train the warfighter, and is a provider of high performance unmanned combat aerial systems for force multiplication and amplification. Kratos is also an industry leader in satellite communications, microwave electronics, cyber security/warfare, missile defense and combat systems. Kratos has primarily an engineering and technically oriented work force of approximately 2,700. Substantially all of Kratos' work is performed on a military base, in a secure facility or at a critical infrastructure location. Kratos' primary end customers are National Security related agencies. News and information are available at www.KratosDefense.com
Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended December 27, 2015, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.
Press Contact:
Yolanda White
858-812-7302 Direct
Investor Information:
877-934-4687
investor@kratosdefense.com
Source: Kratos Defense & Security Solutions, Inc.
Read more: http://www.nasdaq.com/press-release/kratos-awarded-94-million-contract-for-helicopter-maintenance-training-systems-20160623-00174#ixzz4CP7flS4r
Loncar Cancer Immunotherapy Index Conducts Semi-Annual Rebalance
Two New Immunotherapy Companies Added to the Index
Loncar Investments, LLC today announced the result of the semi-annual rebalance and reconstitution of the Loncar Cancer Immunotherapy Index, a group of the top 30 companies developing cancer immunotherapy treatments and discovering new ways to use the body’s immune system to fight cancer.
The index committee has added BeiGene (Nasdaq: BGNE) and Compugen (Nasdaq: CGEN) to the index.
These additions replace Celyad (Nasdaq: CYAD) and Immune Design (Nasdaq: IMDZ).
“Transformative drug development is happening all over the world,” said Brad Loncar, Chairman of the index committee. “We are pleased to welcome our first components to the index from China and Israel and look forward to following their contributions to the field of cancer immunotherapy.”
The index committee has further decided to institute a minimum equity liquidity threshold of 50,000 shares or $500,000 in average daily trading volume for any index component going forward.
Effective this week, all index holdings have been rebalanced to hold equal weight. The index is rebalanced and reconstituted semi-annually. The next rebalance will occur on December 20, 2016.
Loncar Investments is a proud partner of the Cancer Research Institute, the world’s only nonprofit organization dedicated exclusively to harnessing the immune system’s power to conquer all cancers. To learn about how to give to CRI, please visit here.
Why immunotherapy: Cancer immunotherapy has become an important sector in the biotechnology space and is changing the way many cancers are treated. While traditional medicines like chemotherapies often give cancer a broad punch, the benefit of using immunotherapy is derived from the immune system's dynamic nature and the way it can more precisely be tailored to fight a patient's disease. Some immunotherapies have already exhibited uncommon results in clinical trials including partial and complete responses in late stage cancer patients.
About the index: The Loncar Cancer Immunotherapy Index is an equal-weighted index of 30 top immunotherapy companies rebalanced and reconstituted on a semi-annual basis. Price and return data are independently calculated on a daily basis by Indxx, LLC. This is a sector index similar to Technology sector indices (Internet, Cyber Security, Cloud Computing, etc.). Sector indices allow investors to track interest areas more precisely than broad indices. Additional info can be found at the index’s dedicated website, www.LoncarIndex.com.
Index provider: Loncar Investments LLC was founded by independent biotech investor and analyst Brad Loncar. Mr. Loncar regularly provides his distinctive insight and analysis on this market segment to the investment community via a variety of publishing platforms. Through Loncar Investments LLC, Mr. Loncar has incorporated his extensive research into biotech companies and technologies into developing an index focused on precise investment opportunities. He previously worked in the financial services industry at Franklin Templeton Investments, and was appointed to serve in a Senior Adviser role at the U.S. Department of the Treasury. Mr. Loncar can be followed on Twitter at @bradloncar.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160622005067/en/
Leah Katsanis for ISE ETF Ventures
610-228-2117
ise@gregoryfca.com
Sold near the EOD for $10.60. Looking to re-enter.
PSTG
Stay Modern, Without Disruption: Pure Raises the Industry Bar Again with the Next Generation of Evergreen Storage
Capacity Consolidation Enables Customers to Take Advantage of Rapid Flash Technology Improvements Without Re-Buying Storage; Capacity Guarantee Takes Risk out of Data Reduction
MOUNTAIN VIEW, Calif., June 21, 2016 /PRNewswire/ --
Pure Storage (NYSE:PSTG), the market's leading independent solid-state array vendor, announced new enhancements to EvergreenTM Storage - the storage procurement and ownership model that has already changed the storage industry forever. Today, Pure added significant enhancements to the Evergreen Storage model, enabling customers to acquire, run and non-disruptively upgrade storage now with even more comprehensive investment protection.
First launched in early 2014, the Evergreen Storage model revolutionized traditional vendor maintenance and upgrade programs by eliminating forklift upgrades and allowing customers to routinely upgrade the performance and scale of their array with modern controllers. Now, Pure is expanding the vision of Evergreen beyond controllers and performance, to incorporate the rapid density and scale evolution of flash as a media.
The new Capacity Consolidation program helps customers expanding their storage capacity to simultaneously consolidate older, less dense flash storage and receive trade-in credit for that older storage - meaning customers can break free of the cycle of constantly re-buying storage they already own during upgrades. Additionally, with the new Right-Size Guarantee, customers can bypass the risk and guesswork of buying storage with data reduction and instead purchase directly on an effective capacity basis, just as their requirements indicate.
"With the new Evergreen Storage, Pure has taken another significant step in making the lives of its customers easier, which translates to direct benefit for our guests," said Matthew Morgan
, VP of Information Technology, Red Hawk Casino. "The expanded Evergreen model eliminates the risky and expensive hardware upgrade cycle, and also means that we'll never have to worry about our capacity requirements not being met. That's transformational for both our operations as well as our bottom line."
"The Evergreen Storage model represents a positive and much-needed shift in the industry, because it offers a way to reduce the pain and cost of the perpetual treadmill of storage hardware upgrades and data migration," said Tim Stammers
, Senior Analyst at 451 Research. "By adding Capacity Consolidation and the Right-Size Guarantee to the model, Pure is extending the potential to improve customers' experience."
Right-Size Guarantee
Proven best-in-class data reduction from Pure ensures customers get efficient, cost-effective storage. But storage buyers want to buy effective capacity - not worry about the potential of purchasing an undersized array due to thin provisioning, RAID protection, data reduction capabilities or any of the other variables behind that effective capacity outcome. With the Right-Size Guarantee, Pure guarantees the proper sizing and effective capacity outcome itself.
Customers work with Pure and our partners to define effective capacity requirements by workload. Behind the scenes, Pure uses cloud-based workload intelligence to size the right array for the job. This eliminates worries about data reduction and undersizing for unique data, even if it is non-reducible. Pure will size an efficient array and guarantee the effective capacity result - backed by a six-month written guarantee to make it right with non-disruptive, free additional flash to meet the customer's specified needs.
"From the customer perspective, effective capacity is the only metric that matters," said Matt Kixmoeller
, vice president, Products, Pure Storage. "By guaranteeing effective capacity for our customers, Pure eliminates risks associated with data reduction and simplifies the buying process so that they can purchase with confidence and begin transforming their business immediately. The Right-Size Guarantee is a simple, customer-friendly alternative to data reduction oriented guarantees and their associated risks and complexity."
Capacity Consolidation
With Capacity Consolidation, Pure Storage customers can rest assured that their infrastructure can scale to handle exploding data growth by periodically upgrading to denser, more modern flash without paying for the same terabyte twice.
Compared to traditional solutions, Capacity Consolidation eliminates periodic and disruptive capacity re-buys by expanding and modernizing the media in an existing array, online and with trade-in credit. Capacity Consolidation eliminates scale-up forklift re-buys, and scale-out re-buys associated with aging nodes removed from their cluster. Customers install new capacity into their FlashArray, while the data on the older, consolidated capacity is automatically and non-disruptively migrated into the newer, denser capacity. Evergreen Storage can deliver significant and ongoing savings of 33 percent or more, even assuming the same initial purchase price for competitive arrays - which can accelerate innovation across customer organizations.
The underlying technology feature is called Shelf Evacuation, and is another example of how Evergreen Storage combines purpose-built technology and business model innovation to deliver much simpler, easier, and more cost efficient storage.
"After a recent upgrade the new FlashArray//m series from Pure, we found ourselves with more storage than required to meet production needs," said Jamey Wofford
, senior network engineer for the County of Muskegon. "At the same time, the Pure Storage array at our disaster recovery site required additional storage. With Pure's new Shelf Evacuation capability, we were able to consolidate data right into our production chassis and move the newly emptied shelf to our disaster recovery site. A true simple and cost-effective solution, just what we've come to expect from Pure."
Capacity Consolidation works in tandem with other Evergreen Storage offerings such as Upgrade Flex bundles. Customers can keep expanding their capacity and get both modern, denser flash as well as modern, higher performance controllers, without re-buying any of their storage.
"Pure's Evergreen Storage model completely changed the way our clients think about value when considering their storage," said Jason Anderson, Chief Architect, Datalink. "The enhanced Evergreen Storage program completes the picture, providing our clients with simple, straightforward storage acquisitions and upgrades through the entire life of their workloads, reducing risk and guaranteeing investment protection."
Click here to see what the Pure Storage technology alliance ecosystem is saying about Evergreen Storage.
About Pure Storage
Pure Storage (NYSE:PSTG) accelerates possible, transforming businesses in ways previously unimagined. The company's disruptive, software-driven storage technology combined with a customer-friendly business model drives business and IT transformation for customers through dramatic increases in performance and efficiency at lower costs. Pure Storage FlashArray//m is simpler, faster and more elegant than any other technology in the datacenter. FlashArray //m is ideal for the move toward big data and for performance-intensive workloads such as cloud computing, database systems, desktop virtualization, real-time analytics and server virtualization. With Pure's industry leading Satmetrix-certified NPS score of 79, Pure customers are some of the happiest in the world, and include large and mid-size organizations across a range of industries: cloud-based software and service providers, consumer web, education, energy, financial services, governments, healthcare, manufacturing, media, retail and telecommunications. With Pure Storage, companies push the boundaries of what's possible to become faster, smarter and more innovative.
Connect with Pure Storage:
Read the blog
Converse on Twitter
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Read more: http://www.nasdaq.com/press-release/stay-modern-without-disruption-pure-raises-the-industry-bar-again-with-the-next-generation-of-20160621-00513#ixzz4CDeKXTSP
Positive article and high short position here:
Pure Storage (PSTG): A Second Half Story At An Attractive Price
Joe Kunkle
June 20, 2016
Pure Storage (PSTG) has been a poor performer since its debut in October 2015 when the IPO saw shares trade above $20/share, but now just 9 months later shares closed below $10 for the first time. Recent options activity has signaled it may be a time to be a buyer of PSTG, so I wanted to look closer at this Tech name that has been discarded.
To first cover the options activity, the first signal was on 5-26 when shares dropped more than 15% on earnings, but traders came in selling 5,000 November $10 puts to open at $1.15 down to $0.95, showing a willingness to be a buyer of 500,000 shares of stock at $10. This past week another strategy was very interesting with traders selling over 10,000 November $7.50 puts to open while also purchasing over 10,000 August $12.50 calls to open, net credit on the spread.
Pure Storage is positioned to capture a greater market shares as data center infrastructure changes with a shift to flash and cloud friendly storage away from complex, disk-centric designs. Pure Storage technology reduces costs to customers and improves application performance. In terms of overall storage vendors, PSTG is growing ~ 10X faster than anyone else in the top 10 vendor list. Pure Storage launched FlashBlade in Q1, which in combination with FlashArray, can address a $24B market for data center storage and related software. FlashBlade shipments and revenues are on schedule for Q3. The uncertainty from the Dell-EMC merger is also expected to push more customers to Pure Storage.
The $2B provider of flash-based memory storage for enterprise hardware is now trading 3.35X cash value with no debt, and just 2.3X FY17 EV/Sales. Pure Storage (PSTG) is projecting 61% revenue growth in FY17, 42% in FY18, and 36% in FY19, but not seeing profitability until 2020. In its latest quarter PSTG posted 89% Y/Y revenue growth, ahead of tis guidance, and also saw gross margins jump Y/Y. PSTG also saw customers near the 2,000 mark and jumped 124% Y/Y with Fortune 500 customers jumping 60% Y/Y to 72. PSTG shares traded lower after results as Product Revenues declined Q/Q for the first time in its history, but Q1 has not been its best quarter historically, tending to see strong Q3 growth sequentially as 1H sales and marketing efforts results in ramping sales in 2H. FCF also went back to negative territory after seeing a strong jump in Q4. PSTG sees sustained FCF positive by 2H 2017. PSTG saw 170% growth Y/Y in support revenues in Q1 which now accounts for 20% of total revenues.
The market is highly competitive, and Nimble Storage (NMBL) is competitor that has seen shares fall 72% over the past year, now with a $720M market cap and trading 3.55X Cash and 1.3X FY17 EV/Sales. NMBL expects profitability by 2019, and revenue growth rates in the 20-25% range 2017-2019, so although shares are a bit cheaper than PSTG, it is not growing as fast, and its technology is not as good to capture market share. The chart below shows market share from Gartner in All-Flash Array:
solid state hard drive competitive market share_gartner
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The industry could also see the smaller growth players seen as M&A targets by the larger players seen to be losing market share. EMC, NetApp, and IBM all have plenty of cash and could easily swallow up PSTG or NMBL. In May, The Register suggested that Cisco buy either Pure Storage (PSTG) or Nutanix. CRN reported in March that Cisco attempted to acquire Nutanix for $4B in 2015, but was turned down with an asking price of $6B-$7B. Nutanix is expected to IPO in 2016, but the recent market conditions have put that on hold for now, and the company recently borrowed $75M from Goldman Sachs. Recent reports also suggest the Company is nearing a strategic partnership with Cisco (CSCO). There was one notable deal in this space, late 2015 when NetApp (NTAP) agreed to acquired SolidFire for $870M, and estimates see it as a < $50M revenues company at the time of the acquisition.
Analysts have an average target of $17.55 on shares with 14 Buy, 8 Hold, and 1 Sell rating. On 6-2 UBS upgraded shares to Buy with a $16 price target, noting the long term operating margin target of 15-20%, but currently losing money in an effort to secure market share. On 4-27 Needham started coverage at Buy with an $18 target, seeing it as a prime beneficiary of the next-generation storage transition.
Short interest remains elevated at 48.5% of the float, but has come down from above 80% of the float short at the end of March. Institutional ownership fell 4.45% in Q1 filings, though 25 new fund positions and 33 adds to positions compared to 18 funds selling out and 19 reducing. Tiger Global has a $72M position as its 15th largest holding and Altimeter Capital with a $38M position as its 7th largest position. Stanley Druckenmiller pitched PSTG as a long idea near $16/share at Ira Sohn in October, and reported a 6.4% passive stake.
pure storage stock chart pstg lows_june 20
In closing, PSTG is a Tech company trading cheaply on EV/Sales and a cash basis while seeing strong growth in customers and revenues, rising margins, and a large future opportunity as more companies shift to its better storage technology in data centers. With a strong balance sheet that has $600M in cash and no debt, PSTG is an attractive long term investment as its newest product, FlashBlade, starts to contribute to revenues later this year. Despite the highly competitive environment, PSTG will continue to take market share away from the larger players, until potentially, it is acquired by one of these players.
Thanks for reading.
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http://www.seeitmarket.com/pure-storage-pstg-second-half-story-attractive-price-15799/
PSTG
Sold RXDX @ $5.25. Didn't move on buy rating reiteration by Cantor Fitzgerald despite LABU and market being up today.
RXDX
Bought RXDX on Friday @ $5.20.
Consensus Ratings for Ignyta (NASDAQ:RXDX)
Ratings Breakdown: 5 Buy Rating(s)
Consensus Rating: Buy (Score: 3.00)
Consensus Price Target: $20.60 (299.22% upside)
http://www.marketbeat.com/stocks/NASDAQ/RXDX/
Chart is ugly, but looking for the bottom:
RXDX
Kratos PSS Announces New Strategic Accounts Team
Creates business platform focused on finance, healthcare, and energy
San Diego, June 16, 2016 –
Advanced security systems integration provider, Kratos Public Safety and Security Solutions, Inc., announces the newly formed Strategic Accounts Team that will focus on new business development in the finance, healthcare, and energy verticals. Within each vertical the team will offer solutions that go beyond standard security system integration and, instead, solve complex business issues now faced by customers at the enterprise level. Adding this vertical and new-solution focus to the existing Kratos PSS national sales infrastructure creates a concise go-to-market plan to ensure continued growth in these key areas.
“The advancement of security technology and the convergence with IT is changing the role of a system integrator. It is now more than traditional product sales and installation and there is a pivot to consultative long-term solutions. By blending current best practices in cybersecurity, enterprise convergence, and identity management, Kratos PSS can deliver a powerful and versatile solution,” said Scott Deininger, Senior Vice President of Strategic Accounts. “Our team brings over 150 years of collective experience in each of our verticals and we are excited to leverage this knowledge, along with the experience of our key partners, to bring a formidable security roadmap to new and existing customers.”
Key strategies include:
Concentration on cybersecurity convergence, inclusive of both IT and physical security teams;
Governance & Identity Access Management as a center point for consultation; and
Next generation enterprise Visitor Identity Management.
About Kratos Public Safety & Security Solutions, Inc.
Kratos Public Safety & Security Solutions, Inc. (Kratos PSS) is an industry leader in advanced security system integration focused on access control, identity management, video surveillance, communications, and building automation. Kratos PSS provides a full array of services to its clients such as system design, custom installation, 24/7 technical support, and remote system monitoring. Kratos PSS is a wholly owned subsidiary of Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS). Kratos Defense & Security Solutions is a specialized National Security Technology business providing mission critical products, services, and solutions for United States National Security priorities. Kratos’ core capabilities are sophisticated engineering, manufacturing, and system integration offerings for National Security platforms and programs. Areas of expertise include C5ISR, satellite communication systems, electronic warfare, unmanned systems, missile defense, cyber warfare, cybersecurity, information assurance, and critical infrastructure security.
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http://www.kratospss.com/page/press-releases/strategic-accounts-team
KTOS
Sold EMKR today @ $5.92. Look to re-enter but not sure it will hold gains going into the Fed presentation at 2:00.
EMKR
Small Contracts Could Earn Outsize Profits for Kratos
June 14, 2016, 06:13:00 PM EDT By Rich Smith, Motley Fool Comment
Investors in Kratos Defense & Security (NASDAQ: KTOS) stock have been hard-pressed to find good news to cheer about lately. Last month's earnings report , featuring primarily revenue declines and per-share losses, certainly didn't qualify.
But already this month, things are starting to look a little different.
The very merry month of... June
Over the first half of the month of June, Kratos has reported a total of five new contract wins totaling $45.1 million in value. Annualized, that works out to new contracts coming in at roughly twice the rate at which Kratos collected revenue for contracts already booked over the past year. And while that's a pace that will probably be difficult to maintain, it does at least suggest that the company's decline in revenue last quarter may reverse and turn into growing revenue in the quarters to come.
But what about the profits?
According to data from S&P Global Market Intelligence , Kratos is currently just getting by in terms of the profitability of its revenues. Operating profit margins over the past 12 months amounted to a bare 0.8% profit on revenues (although when you add tax benefits to the mix, the company's net profit margin was actually 2.1%).
But what can we tell from the new contracts Kratos has been winning? Will they tend to boost the company's profit margin, or drag it down even further? Let's find out.
Five contracts, three winners
So far, Kratos has announced five contract wins this month:
$6.6 million to provide "specialized product and hardware" to directed energy and command, control, communications, computers, combat systems, intelligence, and surveillance and reconnaissance programs.
$2.6 million to supply product and hardware to a chemical, biological, radiological, nuclear, and high explosives program.
$22.3 million to support the "theater medical information program -- joint" within the Defense Department's medical records system.
$3.6 millionto design, engineer, deploy and integrate "specialized security systems" for "two major mass transportation customers in the United States."
$10 million to support "a certain airborne communication system program," probably within the company's unmanned systems division.
Kratos doesn't always make it obvious which of its contracts fall under which of its three major business divisions. Near as I can tell, however, the first three contracts described above appear to fall within the ambit of the company's Kratos Government Solutions (KGS) division, while the fourth is a "public safety and security" contract, and the fifth will be performed by the company's unmanned systems unit.
Why is this important? In a word: margins.
Kratos by the numbers
S&P Global data show that unmanned systems, while clearly the division for which Kratos has the highest hopes , is currently the least profitable of its business units, actually losing money over the past 12 months. Public safety is just barely profitable, producing operating profit margins of 1.8%.
In contrast, KGS is both Kratos' biggest division by revenue and its most profitable at 3.6% operating margins. And the fact that $31.5 million of the $45.1 million in new-won contracts -- 70% of them -- will be running through the company's most profitable division suggests this could be above-average profit-margin revenue for Kratos.
The upshot for investors
Critics of Kratos stock may point out (rightly) that a 3.6% profit margin still isn't very much. But at this point, beggars can't be choosers -- and 3.6% is at least better than the 0.8% overall operating profit margin Kratos has been managing thus far. Maybe, if Kratos can keep on winning more contracts of these sizes, and this caliber, there's at least a faint hope that in the not-too-distant future, the company will be able to earn consistent profits, without depending on tax benefits to provide them.
Maybe.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Read more: http://www.fool.com/investing/2016/06/14/kratos-small-contracts-could-earn-outsize-profits.aspx#ixzz4BfXQH548
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KTOS