IPO Podcast Series: Vanessa Van Edwards


IPO Podcast Series: Vanessa Van Edwards

National best selling author, 20+ million views on Youtube, and lead behavioral investigator with Science of People – Vanessa Van Edwards is renowned for teaching science-backed people skills to audiences around the world. Vanessa shares tangible skills to improve interpersonal communication and leadership, including her insights on how people work. She’s developed a science-based framework for understanding different personalities to improve our EQ and help us communicate with colleagues, clients and customers. Find out more as we dive into the hidden forces that drive human behavior, and much more. Full episode available on Thursday, October 3rd 2019.

The most innovative Ideas, the inspirational People behind them, and the wealth of Opportunities they create… that’s IPO from Channelchek, hosted by Brant Pinvidic

watch the IPO series trailer

Does Going Green Mean the Loss of Green?

Does Going Green Mean the Loss of Green?

(Note: companies that
could be impacted by the content of this article are listed at the base of the
story [desktop version]. This article uses third-party references to provide a
bullish, bearish, and balanced point of view; sources are listed after the
Balanced section.)

Last week, the United Nations held a summit of government, business, and civil leaders to announce steps to confront climate change. The summit’s stated goal was to increase the standards set in the Paris Agreement to contain global temperatures to a 1.5-degree Celsius increase, a level seen as by the U.N. as the point where irreparable damage will be done to the environment. Few people remain who question the impact man is having on climate change or the impact climate change is having on the environment. A fairer argument would be that addressing climate change must be viewed alongside any potential impact on global economic growth. But which will cost more: taking the steps to mitigate climate change or paying the consequences of not mitigating change?

Positive Data from Trovagene Phase 1b_2 Study of Onvansertib Featured in Oral Presentation at European Society for Medical Oncology (ESMO) Conference

Positive Data from Trovagene Phase 1b_2 Study of Onvansertib Featured in Oral Presentation at European Society for Medical Oncology (ESMO) Conference


Administration of onvansertib in combination with standard-of-care chemotherapy
is safe and well-tolerated and resulted in anti-leukemic activity that appears
to be sustainable over time – Strong correlation between biomarker positive
patients and treatment response; observed in 6 of 9 biomarker positive patients
versus 1 of 11 biomarker negative patients – Phase 2 open to enrolling 32
patients for treatment with onvansertib at the recommended dose of 60mg/m², in
combination with decitabine, to further assess safety and efficacy

SAN DIEGO, Sept. 30, 2019 /PRNewswire/ — Trovagene, Inc. (Nasdaq: TROV), a clinical-stage, Precision Cancer Medicine™ oncology therapeutics company developing drugs that target cell division (mitosis), for the treatment of various cancers including leukemia, prostate and colorectal, today announced that results from the Company’s Phase 1b/2 study of onvansertib in patients with relapsed/refractory acute myeloid leukemia (AML) were presented in an oral plenary session at the 2019 European Society for Medical Oncology (ESMO) Conference in Barcelona, Spain, on Saturday, September 28th. The presentation highlighted the favorable safety profile and clinical efficacy of onvansertib, as well as correlative biomarker data from the recently completed Phase 1b trial.

Trovagene is a clinical-stage oncology therapeutics company, using a precision medicine predictive biomarker approach to develop drugs that target cell division (mitosis) for the treatment of leukemias, lymphomas and solid tumor cancers. Onvansertib, its lead drug candidate, is a first-in-class, 3rd generation, highly-selective oral Polo-like Kinase 1 (PLK1) Inhibitor.  The Company currently has two ongoing open-label clinical trials: a Phase 1b/2 trial in acute myeloid leukemia (AML) and a Phase 2 trial in metastatic castration-resistant prostate cancer (mCRPC).

The oral presentation at ESMO is available for download from the Scientific Presentations page on the Trovagene website at https://trovageneoncology.com/scientific-presentations/.

“These data from this ongoing clinical trial in patients with relapsed/refractory AML support that the combination of onvansertib with either low dose cytarabine or decitabine appear to be feasible, safe and well tolerated up through the 60mg/m2 dose of onvansertib,” said Dr. Amer Zeidan, lead investigator and assistant professor of Medicine at the Yale School of Medicine, and Hematology expert at Yale Cancer Center. “While the recently completed dose escalation part of the study focused on evaluating the safety of the combinations, we see evidence of clinical activity, particularly with onvansertib in combination with decitabine. We hope to better understand the efficacy profile of this combination as we go into the Phase 2 expansion part of the trial.”

“We continue to be encouraged by our biomarker data which indicates a correlation between biomarker positive patients and their response to treatment with onvansertib,” said Dr. Mark Erlander, Chief Scientific Officer of Trovagene. “As we move forward, we plan to further develop the biomarker assay to enable us to proactively identify patients who are most likely to respond to treatment.”

Oral Presentation
Highlights

Background:

  • Onvansertib is an oral, highly-selective Polo-like Kinase 1 (PLK1) inhibitor with a half-life of ~24 hours
  • PLK1 inhibition by onvansertib, assessed via a simple blood test and shown as changes in the phosphorylation of its direct substrate, the translational controlled tumor protein, TCTP, is a biomarker for identifying patients most likely to respond to treatment
  • Patients eligible for enrollment in the Phase 1b/2 trial are treatment naïve and not candidates for induction therapy or have relapsed/refractory disease to up to 3 prior regimens (Phase 1b) and 1 prior regimen (Phase 2), including those resistant to treatment with venetoclax

Treatment Summary as
of June 1, 2019

Safety and Tolerability:

  • Treatment was well tolerated with no unexpected toxicities reported
  • No dose limiting serious adverse events or trial related deaths were attributed to onvansertib (Grade 3 or 4 adverse events possible related to onvansertib included 10 (30%) hematologic and 1 (3%) non-hematologic)
  • The maximum tolerated dose (MTD) was not reached through onvansertib dose level of 60mg/m2, but was subsequently achieved at the 90mg/m2 dose level

Preliminary Efficacy:

  • In the onvansertib plus decitabine arm, of the 12 patients evaluable for efficacy at onvansertib doses ranging from 12mg/m2 to 40mg/m
    2, 3 patients achieved the primary efficacy endpoint of objective response (2 CRs – 1 at onvansertib 27mg/m2, 1 at onvansertib 40mg/m2 and 1 CRi at onvansertib 27mg/m2)
  • In the onvansertib plus low-dose cytarabine arm, of the 12 patients evaluable for efficacy at onvansertib doses ranging from 12mg/m
    2 to 40mg/m2, 1 patient achieved the primary efficacy endpoint of objective response (CRi at onvansertib 40mg/m2); LDAC arm was discontinued following completion of onvansertib 60mg/m2 cohort
  • Phase 1b has been successfully completed and the Phase 2 open-label, single-arm trial is enrolling patients for treatment with the recommended Phase 2 dose (RP2D) of onvansertib at 60mg/m
    2 in combination with decitabine to continue assessing safety and efficacy

Biomarker Analysis:

  • Of the 24 evaluable patients, 9 (38%) were biomarker positive across both arms
  • There is a strong correlation between biomarker positive patients and response to treatment with onvansertib; 6 of 9 biomarker positive patients had a decrease in bone marrow blasts of ? 50%, versus 1 of 11 in the biomarker negative patients
  • Among the 4 patients with CR (CR + CRi) 3 were biomarker positive and 1 was borderline biomarker positive
  • Further biomarker validation is continuing including development of a second-generation assay that is more sensitive and quantitative

About the Phase 2
Clinical Trial of Onvansertib in AML

The Phase 2 AML trial (NCT03303339) of onvansertib in combination with decitabine will enroll 32 patients who are either treatment naïve and not candidates for induction therapy or who have relapsed disease after treatment with one prior regimen. Patients will receive onvansertib, administered orally, on days 1 through 5 of each 21-28-day cycle in combination with decitabine. The primary efficacy endpoint of objective response (CR + CRi) will be assessed in patients who complete at least 1 cycle of treatment.

About Onvansertib

Onvansertib is a first-in-class, third-generation, oral and highly-selective adenosine triphosphate (ATP) competitive inhibitor of the serine/threonine polo-like-kinase 1 (PLK1) enzyme, which is over-expressed in multiple cancers including leukemias, lymphomas and solid tumors. Onvansertib targets the PLK1 isoform only (not PLK2 or PLK3), is orally administered and has a 24-hour half-life with only mild-to-moderate side effects reported. Trovagene believes that targeting only PLK1 and having a favorable safety and tolerability profile, along with an improved dose/scheduling regimen will significantly improve on the outcome observed in previous studies with a former panPLK inhibitor in AML.

Onvansertib has demonstrated synergy in preclinical studies with numerous chemotherapies and targeted therapeutics used to treat leukemias, lymphomas and solid tumor cancers, including irinotecan, FLT3 and HDAC inhibitors, taxanes and cytotoxins. Trovagene believes the combination of onvansertib with other compounds has the potential to improve clinical efficacy in acute myeloid leukemia (AML), metastatic castration-resistant prostate cancer (mCRPC), non-Hodgkin lymphoma (NHL), colorectal cancer and triple-negative breast cancer (TNBC), as well as other types of cancer.

Trovagene has three ongoing clinical trials of onvansertib: A Phase 2 trial of onvansertib in combination with Zytiga® (abiraterone acetate)/prednisone in patients with mCRPC who are showing signs of early progressive disease (rise in PSA but minimally symptomatic or asymptomatic) while currently receiving Zytiga® (NCT03414034); a Phase 1b/2 Study of onvansertib in combination with FOLFIRI and Avastin® for second-line treatment in patients with mCRC with a KRAS mutation (NCT03829410); and a Phase 1b/2 clinical trial of onvansertib in combination with low-dose cytarabine or decitabine in patients with relapsed or refractory AML (NCT03303339). Onvansertib has been granted orphan drug designation by the FDA in the U.S. and by the EC in the European Union for the treatment of patients with AML.

Trovagene licensed onvansertib (also known as NMS-1286937 and PCM-075) from Nerviano Medical Sciences (NMS), the largest oncology-focused research and development company in Italy, and a leader in protein kinase drug development. NMS has an excellent track record of licensing innovative drugs to pharma/biotech companies, including Array (recently acquired by Pfizer), Ignyta (acquired by Roche) and Genentech.

About Trovagene, Inc.

Trovagene is a clinical-stage, Precision Cancer Medicine™ oncology therapeutics company developing drugs that target cell division (mitosis), for the treatment of various cancers including leukemias, lymphomas and solid tumors. Trovagene has intellectual property and proprietary technology that enables the Company to analyze circulating tumor DNA (ctDNA) and clinically actionable markers to identify patients most likely to respond to specific cancer therapies. Trovagene plans to continue to vertically integrate its tumor genomics technology with the development of targeted cancer therapeutics.  For more information, please visit https://www.trovageneoncology.com.

Forward-Looking
Statements

Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of words such as “anticipate,” “believe,” “forecast,” “estimated” and “intend” or other similar terms or expressions that concern Trovagene’s expectations, strategy, plans or intentions. These forward-looking statements are based on Trovagene’s current expectations and actual results could differ materially.  There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements.  These factors include, but are not limited to, our need for additional financing; our ability to continue as a going concern; clinical trials involve a lengthy and expensive process with an uncertain outcome, and results of earlier studies and trials may not be predictive of future trial results; our clinical trials may be suspended or discontinued due to unexpected side effects or other safety risks that could preclude approval of our product candidates; uncertainties of government or third party payer reimbursement; dependence on key personnel; limited experience in marketing and sales; substantial competition; uncertainties of patent protection and litigation; dependence upon third parties; our ability to develop tests, kits and systems and the success of those products; regulatory, financial and business risks related to our international expansion and risks related to failure to obtain FDA clearances or approvals and noncompliance with FDA regulations. There are no guarantees that any of our technology or products will be utilized or prove to be commercially successful.  Additionally, there are no guarantees that future clinical trials will be completed or successful or that any precision medicine therapeutics will receive regulatory approval for any indication or prove to be commercially successful. Investors should read the risk factors set forth in Trovagene’s Form 10-K for the year ended December 31, 2018, and other periodic reports filed with the Securities and Exchange Commission.  While the list of factors presented here is considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. Unlisted factors may present significant additional obstacles to the realization of forward-looking statements. Forward-looking statements included herein are made as of the date hereof, and Trovagene does not undertake any obligation to update publicly such statements to reflect subsequent events or circumstances.

Trovagene Contact:
Vicki Kelemen
VP, Clinical Development and Investor Relations
858-952-7652

vkelemen@trovagene.com 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/positive-data-from-trovagene-phase-1b2-study-of-onvansertib-featured-in-oral-presentation-at-european-society-for-medical-oncology-esmo-conference-300927354.html

SOURCE Trovagene, Inc.

 

Source: PR Newswire (September 30, 2019 – 8:15 AM EDT)

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Research – Kelly Services (KELYA) – What’s Next?

Friday September 27, 2019

Kelly Services (KELYA)

What’s Next?

Headquartered in Troy, Michigan, Kelly Services provides workforce solutions to a diversified group of customers in three regions: the Americas; Europe, the Middle East, and Africa (“EMEA”); and Asia Pacific (“APAC”). The customer base spans a variety of industries and includes more than 90 percent of the Fortune 100 companies. In 2018, the assigned approximately 500,000 temporary employees to a variety of customers around the globe. In 2018, Kelly generated $5.5 billion of revenue and adjusted EPS of $2.27.
The Company provides staffing solutions through a branch networks in the Americas and International operations. In addition to staffing solutions, Kelly also provides a suite of innovative talent fulfillment and outcome-based solutions through its GTS segment, which delivers integrated talent management solutions to meet customer needs across the entire spectrum of talent categories. Using talent supply chain strategies, GTS helps customers design, execute, and manage workforce programs that enable them to connect with talent across all work styles (full-time, contract, temporary, etc.), gain access to a vast network of service providers, and achieve their business goals on time and on budget. In 2018, the Americas Staffing segment accounted for 43.8% of total revenue, International Staffing 20.3%, and GTS 36.2%.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to full report for price target, fundamental analysis and rating.

  • Recent Conference. Kelly Services had a conference presentation earlier this week entitled “What’s Next.” And while there weren’t any ground breaking announcements, the conference served as the introduction of new CEO Peter Quigley, who officially assumes the new role October 1st, to the investment community.
  • Quigley’s Take. While Kelly’s overall strategic direction will not change, Mr. Quigley is focused on…



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This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.
 

NetworkNewsAudio – Genprex Inc. (NASDAQ: GNPX) Building Encouraging New Breast Cancer Treatment Options

NetworkNewsAudio – Genprex Inc. (NASDAQ: GNPX) Building Encouraging New Breast Cancer Treatment Options


Related Editorial
Advances in biotechnology look to deliver promising new treatment options against breast cancer.

Independent researchers have found that Genprex Inc.’s (NASDAQ: GNPX) (GNPX Profile) TUSC2 prevented tumor growth against triple-negative breast cancer. Eli Lilly and Company (NYSE: LLY) is focusing on those patients with the greatest need and, in the process, has developed a new breast-cancer treatment option. Roche Holding (OTCQX: RHHBY) is expanding the use of its biotech to both identify and treat patients with challenging breast cancers. AbbVie Inc. (NYSE: ABBV) has been rapidly increasing its research, targeting more than 15 different types of cancer. AstraZeneca (NYSE: AZN) has seen hopeful results against metastatic breast cancer as it works in collaboration with a Japanese firm.

To view the full editorial, visit http://nnw.fm/mULM7

About Genprex, Inc.

Genprex, Inc. is a clinical stage gene therapy company developing potentially life-changing technologies for cancer patients, based upon a unique proprietary technology platform, including Genprex’s initial product candidate, Oncoprex(TM) immunogene therapy for non-small cell lung cancer (NSCLC). Genprex’s platform technologies are designed to administer cancer fighting genes by encapsulating them into nanoscale hollow spheres called nanovesicles, which are then administered intravenously and taken up by tumor cells where they express proteins that are missing or found in low quantities. Oncoprex has a multimodal mechanism of action whereby it interrupts cell signaling pathways that cause replication and proliferation of cancer cells, re-establishes pathways for apoptosis, or programmed cell death, in cancer cells, and modulates the immune response against cancer cells. Oncoprex has also been shown to block mechanisms that create drug resistance. For more information, visit the company’s website at www.Genprex.com.

NOTE TO INVESTORS: The latest news and updates relating to GNPX are available in the company’s newsroom at http://nnw.fm/GNPX

About NetworkNewsAudio

NetworkNewsAudio, a service of NetworkNewsWire (NNW), allows you to sit back and listen to market updates, interviews and company press releases. NetworkNewsAudio keeps you informed on publicly traded companies we’re watching. The audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio is a Brand Awareness Distribution Solution from NetworkNewsWire.

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How do hurricanes like Dorian impact the economy?

How do hurricanes like Dorian impact the economy?

(Note: companies that could be impacted by the content of this article are listed at the base of the story (desktop version). This article uses third-party references to provide a bullish, bearish and balanced point of view; sources listed in the “Balanced” section)

Hurricane Dorian was the most powerful storm on record to hit the Bahamas and is tied for the highest winds of an Atlantic hurricane ever recorded at landfall. The Category 5 major hurricane wreaked havoc on the Bahamas with gusts of up to 220 mph and storm surges topping 20 feet. On Grand Bahama, the storm raged for what must have been an unimaginably hellish 24 hours straight. At least 70,000 people have been left homeless. Weeks after the storm, 1,300 people are still missing. Currently, officials can confirm that the storm claimed 52 lives, but tragically, the total death count likely will be much higher.

In the wake of devastation from Hurricane Dorian, Floridians and the rest of the Eastern Seaboard have been left with a terrifying thought: “That could have been us.” And it’s true. Early forecasts had put Florida right in the crosshairs of Dorian’s destructive path. If that were to have happened, what would’ve been the cost to us? It seems callous to put a price tag on a tragedy like Dorian, but determining the cost of these hurricanes can inform policy and justify infrastructure spending. Calculating the cumulative cost of natural disasters can help us decide how much we should invest in hurricane preparedness, how much we should set aside for our rainy (and windy) day fund, and how much aid we should provide our neighbor nations.

Research – TherapeuticsMD (TXMD) – On Track for Annovera Soft Launch

Friday September 27, 2019

TherapeuticsMD (TXMD)

On Track for Annovera Soft Launch

TherapeuticsMD (TXMD) is a specialty pharmaceutical company that focuses on the development and commercialization of women’s hormone replacement products that are formulated to reduce the symptoms and health risks caused by menopause. TX-004HR, is an applicator-free vaginal estradiol softgel capsule in development for the treatment of moderate-to-severe vaginal pain during sexual intercourse (dyspareunia), a symptom of vulvar and vaginal atrophy (VVA), due to menopause, and TX-001HR, a bio-identical hormone combination of 17ß-estradiol and progesterone in a single, oral softgel, for the treatment of moderate to severe vasomotor symptoms (VMS) due to menopause and Annovera is a small, soft, flexible vaginal contraceptive ring. In addition to the clinical trials for hormone therapy, TXMD also manufactures and distributes branded and generic prescription prenatal vitamins, iron supplements.

Ahu Demir, Research Analyst, Noble Capital Markets, Inc.

Refer to full report for price target, fundamental analysis and rating.

  • Annovera soft launch begins next week.  Annovera is a long-acting (up to a year) reversible birth control product. The soft launch is set to begin the week of September 30th. It currently has 40% unrestricted coverage by commercial health plans including no co-pay with Anthem (covering 7.3% lives) and Kaiser (covering 3.9% lives). The full-scale launch, potentially supported by additional payers’ coverage, is expected in Q1 2020.
  • Imvexxy and Bijuva commercial uptake continues to grow.   The company reported an increased number of patients (+12%, 87,400 patients) and prescribers (+7%, 14,800 prescribers), while a slight decline in paid scripts (-1%, 44,600) through August compared to July. Bijuva reached 6,800 patients and…



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This Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.
 

Research – Great Lakes Dredge & Dock (GLDD) – Backlog Rebound

Friday September 27, 2019

Great Lakes Dredge & Dock (GLDD)

3Q2019 Awards Could Exceed $220 million

Great Lakes Dredge & Dock is a marine and environmental infrastructure contractor, and the largest dredging company in the United States. Headquartered in suburban Chicago, the company provides port expansion and maintenance, coastal restoration, river dredging and environmental restoration for public and private entities worldwide. In June 2019, the Environmental & industrial (E&I) business was sold for $17.5 million in cash and the company is now pure play on the dredging market.

Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to full report for price target, fundamental analysis and rating.

  • Three new awards for $82 million out shortly. Combined with $141 million of other awards, total 3Q2019 awards likely to exceed $220 million. A Mississippi Senator announced that $56.6 million of MsCIP work was awarded recently, a $8.7 million Florida beach project was awarded on Tuesday, and a $16 million dredging project was awarded on September 13th.
  • 2H2019 Backlog rebound remains likely even though GLDD was not the low bidder on three large projects in Savannah, Norfolk and Charleston.  Low bids are pending on other projects and bids on several larger projects should be…



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This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.
 

Research – EuroDry (EDRY) – Moving Estimates Higher

Thursday September 26, 2019

EuroDry (EDRY)

Moving Estimates Higher to Reflect Dry Bulk Market Improvement

EuroDry operates in the dry bulk shipping markets. EuroDry’s operations are managed by Eurobulk Ltd., an affiliated ship management company, and Eurobulk FE (Far East) Ltd, which are responsible for the day-to-day commercial and technical management and operation of the fleet. EuroDry employs the fleet on spot and period charters and through pool arrangements.

Poe Fratt, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to full report for price target, fundamental analysis and rating.

  • Dry Bulk market has improved despite continued trade overhang. Despite the continued overhang of global trade tensions and sluggish global economic growth, the dry bulk market has been stronger than expected.
  • Adjusting our 2019 EBITDA estimate to current dry bulk market environment.   We are increasing our adjusted 2019 EBITDA estimate to $10.8 million from $10.4 million, mainly due to an increase in…



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This Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.
 

Research – Energy Fuels (UUUU) – Relief on the Horizon?

Thursday, September 26, 2019

Energy Fuels (UUUU)

Relief on the Horizon?

Energy Fuels is a U.S.-based uranium mining company, supplying uranium concentrate to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant. Energy Fuels owns the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (ISR) Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. and has the ability to produce vanadium when market conditions warrant. Energy Fuels’ common stock trades on the NYSE American under the trading symbol “UUUU” and the Toronto Stock Exchange under the trading symbol “EFR”

Mark Reichman, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to full report for price target, fundamental analysis and rating.

  • Awaiting Nuclear Fuel Working Group findings.  In July 2019, President Trump directed the establishment of a United States Nuclear Fuel Working Group to develop recommendations for reviving and expanding domestic nuclear fuel production. The working group is expected to submit a report to the President summarizing the group’s findings and recommendations in early October.
  • Constructive proposals.   oth the Nuclear Energy Institute (NEI) and the Uranium Producers of America (UPA) have provided the working group with constructive recommendations. While the working group will evaluate the impact of various policy proposals, we believe the potential for a supportive outcome that also satisfies a broader group of constituents is…



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This Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst
certification and important disclosures included in full report. 
NOTE: investment decisions should not be based upon the content of
this research summary.  Proper due diligence is required before
making any investment decision.
 

Will New 2020 Climate Change Policies Affect the Market?

Will New 2020 Climate Change Policies Affect the Market?

(Note: companies that could be impacted by the content of this article are listed at the base of the story (desktop version). This article uses third-party references to provide a bullish, bearish and balanced point of view; sources listed in the “Balanced” section)

In 2015, more than 190 countries adopted the first accord that asked all countries to join in on the battle against climate change. The long-term objective was to make sure global warming stayed well below 2 degrees Celsius and to lower overall greenhouse gas emissions. To achieve these goals, the countries agreed to set national targets every five years and more than 180 countries have already submitted theirs for the first cycle of 2020.

Noble Capital Markets Launches Small and Microcap Equity Research Contest


Noble Capital Markets Launches Small and Microcap Equity Research Contest; Up to $7,500 Awarded to Winning Student

Awards include cash prizes, internship with Noble Capital Markets, trip to NobleCon investor conference, and more

BOCA RATON, Fla., Sept. 25, 2019 (GLOBE NEWSWIRE) — via NetworkWire – Noble Capital Markets Inc. announces the launch of its first College Research Report Challenge, designed to encourage college students to explore employment in the field of equity analysis.

The Challenge calls for each participant to prepare an institutional-quality equity research report on one of the more than 6,000 small and microcap companies listed on Channelchek.com, a research resource featuring balanced news and commentaries, advanced stock market data, webcasts and podcasts, and equity research.

Prizes awarded will include up to $7,500 to the winning student (or students, if the research is produced by a team); $5,000 for the winner’s college; a paid internship with Noble Capital Markets; video of the presentation ceremony featured on the NASDAQ Tower in New York City’s Times Square; and an  all-expense-paid trip to South Florida to attend the 16th annual NobleCon investor conference, which will feature executive teams from 125 small-cap and microcap companies. NobleCon16 will be held Feb. 16-18, 2020, at the all-new $2.3 billion Seminole Hard Rock Hotel and Casino in Hollywood, Florida.

The Noble Capital Markets Challenge is supported by high-profile sponsors including Salem Media Group, Tribune Publishing, NetworkNewsWire, and Kelly Staffing Services, as well as platinum sponsors NASDAQ and E.W. Scripps, which is well known for its National Spelling Bee.

“We are very pleased to be part of this Challenge,” said Lisa Knutson, CFO and EVP of Scripps. “Our company places a high value on education, and this contest is an excellent way to encourage college students to get a better understanding of the research process and, at the same time, discover the important contributions of small, innovative businesses in our economy.”

The idea for the Challenge came from a student enrolled in the Noble Capital Markets Analyst Internship Program. “He didn’t even have to finish the sentence before we jumped on the idea,” said Mike Kupinski, Noble Capital Markets director of research. “For a variety of reasons, we’ve seen a dramatic decrease in the number of graduates seeking employment as equity analysts. It’s actually a lot more exciting than it sounds, and this contest should provide a little more incentive for students to find that out.”

In a trend that began two decades ago, small and microcap companies have found it increasingly difficult to attract equity research coverage. Regulatory constraints, technology, the explosive growth of passive investing (ETFs), and liquidity issues have erased the incentive for Wall Street to invest in research. Traditionally, research written by SEC- and FINRA-licensed and regulated analysts was available only to institutions. In an effort to combat this dramatic decline in coverage and to broaden distribution of independent analysis of small and microcap companies, Noble Capital Markets now offers its research, at no cost, to anyone who registers on Channelchek.com. 

“We’ve moved to a company-sponsored model that has allowed us to expand access to institutional-quality research and include groups who never received it before, like smaller investment advisors, family offices, independent brokers, self-directed investors and high-net-worth individuals,” Kupinski said.

Contest Guidelines

Contestants will be required to follow an established Wall Street format, including the following components: business description, headline and front-page bullet points (executive summary), investment appraisal, industry overview and competitive position, financial analysis, management and corporate governance overview, stock valuation, risk assessment, market rating and price target.

The Challenge is open to students – without restrictions relating to age or academic specialization – who are registered at an institute of higher learning anywhere in the United States, Canada or the Caribbean. Contest registration closes Dec. 15, 2019, and the deadline for submissions is Jan. 17, 2020. The winner/winners will be announced Jan. 31, 2020. Entries will be judged by a panel of FINRA-registered senior equity research analysts from Noble Capital Markets who have industry accreditations, including “Best on the Street” as determined by the Wall Street Journal Survey.

The full list of prizes as well as complete terms and conditions, required formatting and registration details are available at https://www.channelchek.com/college-contest.

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Research – Comtech (CMTL) – Raising PT

Wednesday, September 25, 2019

Comtech (CMTL)

Does a Strong 2019 Bode Well for 2020? Raising Price Target to $40.

Comtech Telecommunications Corp. engages in the design, development, production, and marketing of products, systems, and services for communications market for both domestic and international customers. Through the company’s legacy communications systems, Comtech provides satellite modems to international consumers and secure troposcatter systems to foreign governments and the US military. The TCS acquisition provides communications equipment and services to both commercial and governmental organizations.

Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.

Refer to full report for price target, fundamental analysis and rating.

  • Excellent 4Q19 and FY19 Results.  Comtech reported 4Q19 revenue of $176.4 million, adjusted EBITDA of $28.3 million, GAAP EPS of $0.25 and non-GAAP EPS of $0.29. These results were above our and consensus expectations. Full year revenue totaled $671.8 million, adjusted EBITDA totaled $93.5 million, GAAP EPS was $1.03, and non-GAAP EPS came in at $1.34.
  • Business Environment Remain Favorable.   2019 results were driven by a favorable business environment, one that remains strong. Market demand for…



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This Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

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