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North American Morning Briefing: Tech Futures -2-

05/13/2022 | 05:39am EDT

More than 350,000 people contracted a fever that "explosively spread nationwide" from late April and 187,800 are currently being isolated and treated, Pyongyang's state media said Friday. The report said six people have died and one tested positive for the BA.2 Omicron variant. It didn't say whether the other people who died were tested.


Louisiana House Stops Abortion Bill That Allowed Murder Charges Against Women

Louisiana's Republican-led House of Representatives stopped a measure Thursday that could have allowed women who obtain abortions to be charged with murder.

The proposal, which was passed out of a state House committee last week, sought to recognize a fertilized embryo as a person and made it possible for both doctors and pregnant women to be charged under the state's homicide statute if they performed or received an abortion.


Write to paul.larkins@dowjones.com TODAY IN CANADA

Earnings:

All 1Q unless stated otherwise

BC Tech Hldgs 3Q

Cineplex

Emera

IMV

MediPharm Labs

Neo Performance

Orla Mining

Solaris Resources

Economic Indicators (ET):

0830 Mar New motor vehicle sales

Stocks to Watch:

Algonquin Power 1Q Rev $735.7M; Adj EPS 21c; EPS 13c; Raises Dividend to 18.08c Vs. 17.06c

Avcorp 1Q EPS C$0.00; Rev C$27.9M

Badger Infrastructure Solutions 1Q Rev $114.1M; Loss/Shr 15c

Capstone Copper 1Q EPS 8c; Net $35.1M; Adj EPS 14c; For Remaining 9-Mos of 2022 Expect to Produce 136,000 to 150,000 Metric Tons of Copper at Cash Costs of $2.55 to $2.70 Per Pound

Farmers Edge 1Q Rev C$8.6M Vs. C$9.9M; Loss/Shr C$0.53 Vs. Loss C$0.81

GCM Mining 1Q EPS 14c; Net $5.2M; Rev $101.3M; On Track to Meet Annual Production Guidance for 2022 of Between 210,000 and 225,000 Ounces of Gold

Great Panther Mining 1Q Loss $8.9M; Rev $33.4M; Operations Are on Track to Meet Previously Announced Consolidated Production Guidance for 2022 of 100,000 to 119,000 Au Eq

Hardwoods Distribution 1Q EPS $1.82

High Arctic 1Q Loss/Shr C$0.05 Vs. Loss C$0.11; Rev C$28.7M Vs. C$17.8M

K-Bro Linen 1Q Loss/Shr C$0.04

NXT Energy Solutions 1Q Loss/Shr C$0.03; Loss C$1.84M

Star Diamond 1Q EPS C$0.00; Loss C$0.9M

Vitalhub 1Q Net C$1.44M; Rev C$9.42M


Expected Major Events for Friday

06:45/FRA: Apr CPI

12:30/US: Apr Import & Export Price Indexes

12:30/CAN: Mar New motor vehicle sales

13:00/RUS: Weekly International Reserves

14:00/US: May University of Michigan Survey of Consumers - preliminary

All times in GMT. Powered by Kantar Media and Dow Jones.


Expected Earnings for Friday

9 Meters Biopharma Inc (NMTR) is expected to report for 1Q.

Acorn Energy (ACFN) is expected to report for 1Q.

Allied Healthcare (AHPI) is expected to report for 3Q.

Amerityre Corp (AMTY) is expected to report for 3Q.

Ayala Pharmaceuticals Inc (AYLA) is expected to report for 1Q.

Buhler Industries (BIIAF,BUI.T) is expected to report for 2Q.

CSI Compressco LP (CCLP) is expected to report for 1Q.

Canlan Ice Sports (ICE.T) is expected to report for 1Q.

Cineplex (CGX.T,CPXGF) is expected to report $-0.66 for 1Q.

ContraFect Corp (CFRX) is expected to report for 1Q.

Cullinan Oncology Inc (CGEM) is expected to report for 1Q.

Emera is expected to report $0.93 for 1Q.

GLG Life Tech Corporation (GLG.T,GLGLF) is expected to report for 1Q.

Gencor Industries (GENC) is expected to report for 2Q.

Honest Company Inc (HNST) is expected to report for 1Q.

KLX Energy Services Holdings Inc (KLXE) is expected to report for 1Q.

Karnalyte Resources (KRLTF,KRN.T) is expected to report for 1Q.

La Jolla Pharmaceutical (LJPC) is expected to report for 1Q.

Lassonde (LAS.A.T) is expected to report for 1Q.

MGT Capital Investments (MGTI) is expected to report for 1Q.

Mannatech Inc (MTEX) is expected to report for 1Q.

McEwen Mining (MUX,MUX.T) is expected to report for 1Q.

ONEX Corp (Canada) (ONEX.T) is expected to report for 1Q.

Ocean Bio-Chem (OBCI) is expected to report for 1Q.

Oconee Federal Financial Corp (OFED) is expected to report for 3Q.

Odonate Therapeutics Inc (ODTC) is expected to report $-0.92 for 1Q.

Orgenesis Inc (ORGS) is expected to report for 1Q.

Outlook Therapeutics Inc (OTLK) is expected to report $-0.07 for 2Q.

Pineapple Energy Inc (PEGY) is expected to report for 1Q.

ProMIS Neurosciences Inc (ARFXF,PMN.T) is expected to report for 1Q.

ProPhase Labs (PRPH) is expected to report $0.30 for 1Q.

Royale Energy (ROYL) is expected to report for 1Q.

Sabine Royalty Trust (SBR) is expected to report for 1Q.

SouthGobi Resources Ltd (1878.HK,SGQ.T,SGQRF) is expected to report for 1Q.

Southern Banc Co Inc (SRNN) is expected to report for 3Q.

Spectral Medical is expected to report $-0.01 for 1Q.

Star Equity Holdings Inc (STRR) is expected to report for 1Q.

Statera Biopharma Inc (STAB) is expected to report for 1Q.

Sunlink Health (SSY) is expected to report for 3Q.

cbdMD Inc (YCBD) is expected to report for 2Q.

Powered by Kantar Media and Dow Jones.


ANALYST RATINGS ACTIONS

Air Products & Chemicals Cut to Equal-Weight From Overweight by Wells Fargo

Albemarle Raised to Overweight From Equal-Weight by Wells Fargo

American Express Cut to Peer Perform From Outperform by Wolfe Research

Applovin Raised to Buy From Neutral by B of A Securities

Avaya Holdings Cut to Sell From Buy by BWS Financial

Beyond Meat Cut to Equal-Weight From Overweight by Barclays

Capital One Cut to Underperform From Peer Perform by Wolfe Research

Coupa Software Cut to Sell From Buy by Goldman Sachs

Discover Financial Cut to Peer Perform From Outperform by Wolfe Research

Dutch Bros Cut to Hold From Buy by Stifel

EVgo Raised to Outperform From Neutral by Credit Suisse

Federal Realty Raised to Strong Buy From Market Perform by Raymond James

Ford Motor Cut to Underweight From Overweight by Wells Fargo

General Motors Cut to Underweight From Overweight by Wells Fargo

Grocery Outlet Raised to Hold From Sell by R5 Capital

International Game Tech Raised to Buy From Hold by Jefferies

Kratos Raised to Outperform From Neutral by Baird

Montrose Envtl Group Raised to Overweight From Neutral by JP Morgan

ON Semiconductor Raised to Overweight From Equal-Weight by Wells Fargo

Pegasystems Cut to Market Perform From Market Outperform by JMP Securities

Plains All American Raised to Outperform From Neutral by Credit Suisse

Plains GP Holdings Raised to Outperform From Neutral by Credit Suisse

Rivian Automotive Raised to Neutral From Underperform by Exane BNP Paribas

SciPlay Raised to Buy From Hold by Truist Securities

Semrush Holdings Cut to Sector Weight From Overweight by Keybanc

Stericycle Cut to Hold From Buy by Berenberg

Switch Cut to Hold From Buy by Stifel

Switch Cut to Market Perform From Outperform by BMO Capital

Switch Cut to Market Perform From Outperform by Cowen & Co.

Synchrony Financial Cut to Underperform From Peer Perform by Wolfe Research

Upstart Holdings Cut to Equal-Weight From Overweight by Barclays

Valvoline Raised to Overweight From Neutral by JP Morgan

Warner Bros.Discovery Raised to Outperform From Market Perform by Cowen & Co.

Zoom Video Communications Cut to Neutral From Overweight by Piper Sandler

This article is a text version of a Wall Street Journal newsletter published earlier today.


(END) Dow Jones Newswires

05-13-22 0538ET

Stocks mentioned in the article
ChangeLast1st jan.
9 METERS BIOPHARMA, INC. 3.18% 0.2205 Delayed Quote.-77.47%
ALGONQUIN POWER & UTILITIES CORP. 1.04% 17.53 Delayed Quote.-4.05%
AMERICAN EXPRESS COMPANY -1.07% 138.15 Delayed Quote.-14.64%
APPLOVIN CORPORATION 1.47% 35.88 Delayed Quote.-61.94%
AVAYA HOLDINGS CORP. -6.11% 2.15 Delayed Quote.-89.14%
BADGER INFRASTRUCTURE SOLUTIONS LTD. -1.67% 28.28 Delayed Quote.-9.53%
BARCLAYS PLC 2.85% 151 Delayed Quote.-21.47%
BEYOND MEAT, INC. 6.03% 29.03 Delayed Quote.-55.45%
BNP PARIBAS 2.15% 44.395 Real-time Quote.-28.53%
CANLAN ICE SPORTS CORP. -1.37% 3.6 Delayed Quote.5.88%
CAPSTONE COPPER CORP. 1.38% 2.94 End-of-day quote.-47.31%
CBDMD, INC. -1.67% 0.413 Delayed Quote.-61.76%
CINEPLEX INC. -0.72% 11.07 Delayed Quote.-18.66%
CONTRAFECT CORPORATION 1.81% 3.38 Delayed Quote.28.52%
CREDIT SUISSE GROUP AG 0.98% 5.356 Delayed Quote.-40.17%
CSI COMPRESSCO LP -4.91% 1.26 Delayed Quote.5.88%
CULLINAN ONCOLOGY, INC. 0.45% 13.43 Delayed Quote.-12.96%
DUTCH BROS INC. 2.64% 34.96 Delayed Quote.-31.33%
EMERA INCORPORATED 0.70% 60.29 Delayed Quote.-5.30%
FARMERS EDGE INC. -0.60% 1.65 Delayed Quote.-47.78%
FEEDER CATTLE?FUTURES (GF) - CMG (ELECTRONIC)/C1 0.20% 173.65 End-of-day quote.3.49%
FORD MOTOR COMPANY -1.25% 11.06 Delayed Quote.-46.08%
GCM MINING CORP. -0.28% 3.52 Delayed Quote.-33.96%
GENCOR INDUSTRIES, INC. 0.11% 9.44 Delayed Quote.-18.13%
GENERAL MOTORS COMPANY -3.40% 31.27 Delayed Quote.-44.79%
GREAT PANTHER MINING LIMITED -5.88% 0.16 Delayed Quote.-42.86%
GROCERY OUTLET HOLDING CORP. -0.79% 42.76 Delayed Quote.51.20%
HARDWOODS DISTRIBUTION INC. 0.48% 29.23 Delayed Quote.-34.75%
IMV CORPORATION 0.48% 423 Delayed Quote.-32.10%
KARNALYTE RESOURCES INC. 2.70% 0.38 Delayed Quote.8.13%
KLX ENERGY SERVICES HOLDINGS, INC. -5.68% 3.82 Delayed Quote.23.23%
LA JOLLA PHARMACEUTICAL COMPANY 3.48% 3.27 Delayed Quote.-29.68%
LIVE CATTLE (LE) - CMG (ELECTRONIC)/C1 0.04% 134.55 End-of-day quote.-3.72%
MCEWEN MINING INC. -2.90% 0.4078 Delayed Quote.-54.00%
MEDIPHARM LABS CORP. 0.00% 0.075 Delayed Quote.-59.46%
ODONATE THERAPEUTICS, INC. -3.14% 1.54 Delayed Quote.14.07%
ONEX CORPORATION -0.83% 63.3 Delayed Quote.-36.24%
ORGENESIS INC. 0.87% 2.32 Delayed Quote.-19.44%
ORLA MINING LTD. -0.58% 3.4 Delayed Quote.-29.61%
OUTLOOK THERAPEUTICS, INC. 0.91% 1.11 Delayed Quote.-18.38%
PEGASYSTEMS INC. -1.89% 50.29 Delayed Quote.-54.16%
PIPER SANDLER COMPANIES -2.08% 111.38 Delayed Quote.-36.28%
PLAINS GP HOLDINGS, L.P. -2.10% 9.8 Delayed Quote.-3.35%
PROMIS NEUROSCIENCES, INC. 0.00% 8.25 Delayed Quote.-5.17%
PROPHASE LABS, INC. -6.89% 12.97 Delayed Quote.80.89%
RIVIAN AUTOMOTIVE, INC. 10.42% 29.66 Delayed Quote.-71.40%
S&P 500 0.36% 3845.08 Real-time Quote.-19.61%
SABINE ROYALTY TRUST -2.50% 56.62 Delayed Quote.35.84%
SCIPLAY CORPORATION -1.44% 13.72 Delayed Quote.-0.44%
SEMRUSH HOLDINGS, INC. -0.32% 12.64 Delayed Quote.-39.38%
SOLARIS RESOURCES INC. -3.39% 6.85 Delayed Quote.-59.56%
SOUTHGOBI RESOURCES LTD. 7.69% 0.21 Delayed Quote.10.53%
SPECTRAL MEDICAL INC. 1.47% 0.345 Delayed Quote.54.55%
STAR DIAMOND CORPORATION 8.33% 0.195 Delayed Quote.-40.98%
STAR EQUITY HOLDINGS, INC. -0.67% 0.9021 Delayed Quote.-64.62%
STERICYCLE, INC. -0.72% 44.23 Delayed Quote.-25.84%
SUNLINK HEALTH SYSTEMS, INC. 1.45% 0.9841 Delayed Quote.-36.10%
SYNCHRONY FINANCIAL -1.31% 28.56 Delayed Quote.-38.44%
THE HONEST COMPANY, INC. -1.52% 3.24 Delayed Quote.-59.95%
UPSTART HOLDINGS, INC. -6.68% 33.09 Delayed Quote.-78.13%
VALVOLINE INC. -0.77% 29.48 Delayed Quote.-20.94%
VITALHUB CORP. 1.10% 2.76 Delayed Quote.-16.36%
WELLS FARGO & COMPANY -1.50% 39.5 Delayed Quote.-16.42%
ZOOM VIDEO COMMUNICATIONS, INC. -2.79% 117.06 Delayed Quote.-36.35%
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