Welcome to Monday, Asia. Here’s news from Bloomberg Economics to help get your week started:
The newly-declared economic truce between the U.S. and China will prove temporary if they fail to deliver on vague commitments to rebalance trade A German industry leader says Europe should think twice before offering concessions to President Trump, while Tamara Henderson reckons Asean nations’ growth is likely to suffer from a narrower U.S. deficitMalaysia’s 92-year-old Prime Minister Mahathir Mohamad has appointed a team of five “eminent” advisers to help him meet his 100-day campaign pledges Abhishek Gupta notes that despite Indian interest rates rising across a wide spectrum of maturities, the RBI seems unconcerned, even as its hawkish bias adds fuel to the fire. Tom Orlik ponders whether a breakout for U.S. rates could mean a breakdown for emerging marketsBank of England chief Mark Carney is in the spotlight this week as he struggles with communication, particularly concerning financial markets. In London, a housing slump is deepening as Brexit clouds the outlookIn Moscow, President Vladimir Putin is sticking with economic officials who confronted the nation’s devastating 1998 debt default Noah Smith argues resentment of “crazy-rich” Americans isn’t just envy
Top Growth Stocks To Watch Right Now: Omeros Corporation(OMER)
- [By Logan Wallace]
Get a free copy of the Zacks research report on Omeros (OMER)
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- [By Cory Renauer]
Shares of Omeros Corporation (NASDAQ:OMER),a commercial-stage biopharmaceutical company, are on the move following the company’s first-quarter earnings report. Although revenue fell off a cliff, investors liked what they heard about this biotech’s lead candidate enough to drive the stock 23.4% higher as of 12:48 p.m. EDT on Friday.
- [By Lisa Levin] Gainers
The Trade Desk, Inc. (NASDAQ: TTD) jumped 36.2 percent to $71.82 after the company reported upbeat results for its first quarter. The company also issued strong second-quarter and FY18 sales guidance.
WideOpenWest, Inc. (NYSE: WOW) jumped 30.4 percent to $8.80 after the company reported Q1 results.
MoSys, Inc. (NASDAQ: MOSY) shares surged 28.6 percent to $1.9541 after the company reported better-than-expected Q1 results and issued strong Q2 forecast.
Boxlight Corporation (NASDAQ: BOXL) gained 24 percent to $6.39.
Akcea Therapeutics, Inc. (NASDAQ: AKCA) shares gained 19.1 percent to $24.60. Akcea Therapeutics, an affiliate of Ionis Pharmaceuticals Inc (NASDAQ: IONS) announced that the Endocrinologic and Metabolic Drugs Advisory Committee, which met to discuss the safety and efficacy of subcutaneously injected volanesoren solution for patients with familial chylomicronemia syndrome, voted 12-8 to support its approval.
Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) shares rose 17 percent to $10.31 after reporting Q3 results.
ArcBest Corporation (NASDAQ: ARCB) gained 16.8 percent to $43.1457 after reporting upbeat quarterly earnings.
Amtech Systems, Inc. (NASDAQ: ASYS) rose 16.2 percent to $8.60. Amtech posted Q2 earnings of $0.19 per share on sales of $32.783 million.
Identiv, Inc (NASDAQ: INVE) surged 14.4 percent to $3.8450 following Q1 results.
Omeros Corporation (NASDAQ: OMER) shares rose 14.3 percent to $18.43 following Q1 results.
VivoPower International PLC (NASDAQ: VVPR) gained 11.5 percent to $2.71.
Intersections Inc. (NASDAQ: INTX) gained 11.4 percent to $2.55 after reporting Q1 results.
Noodles & Company (NASDAQ: NDLS) shares rose 10.9 percent to $8.65 following Q1 results.
Voyager Therapeutics, Inc. (NASDAQ: VYGR) climbed 10.6 percent to $18.54 following Q1 results.
Blink Charging Co. (NASDAQ: BLNK) rose 10.4 percent to $5.739.
Immersion Corporation (NASDAQ: IMMR) gained 9.6 percent to $12.69
Top Growth Stocks To Watch Right Now: Summit Hotel Properties, Inc.(INN)
- [By Stephan Byrd]
Innova (INN) is a proof-of-work (PoW) coin that uses the NeoScrypt hashing algorithm. It was first traded on October 19th, 2017. Innova’s total supply is 4,032,857 coins and its circulating supply is 3,282,857 coins. Innova’s official website is innovacoin.info. Innova’s official Twitter account is @InnovaCoin.
Top Growth Stocks To Watch Right Now: Multi-Color Corporation(LABL)
- [By Lisa Levin] Companies Reporting Before The Bell
Booz Allen Hamilton Holding Corporation (NYSE: BAH) is estimated to report quarterly earnings at $0.46 per share on revenue of $1.67 billion.
Momo Inc. (NASDAQ: MOMO) is projected to report quarterly earnings at $0.5 per share on revenue of $396.17 million.
Multi-Color Corporation (NASDAQ: LABL) is expected to report quarterly earnings at $1.06 per share on revenue of $424.96 million.
American Woodmark Corporation (NASDAQ: AMWD) is estimated to report quarterly earnings at $1.15 per share on revenue of $382.4 million.
The Bank of Nova Scotia (NYSE: BNS) is projected to report quarterly earnings at $1.32 per share on revenue of $5.46 billion.
Jianpu Technology Inc. (NYSE: JT) is expected to report quarterly loss at $0.04 per share on revenue of $47.51 million.
Trans World Entertainment Corporation (NASDAQ: TWMC) is estimated to report earnings for its first quarter.
Advanced Drainage Systems, Inc. (NYSE: WMS) is estimated to report quarterly loss at $0.06 per share on revenue of $249.44 million.
Quotient Limited (NASDAQ: QTNT) is expected to report quarterly loss at $0.48 per share on revenue of $5.73 million.
Elbit Systems Ltd. (NASDAQ: ESLT) is projected to report earnings for its first quarter.
Evogene Ltd. (NASDAQ: EVGN) is expected to report earnings for its first quarter.
- [By Ethan Ryder]
Massachusetts Financial Services Co. MA acquired a new position in Multi-Color Co. (NASDAQ:LABL) in the first quarter, Holdings Channel reports. The fund acquired 138,926 shares of the business services provider’s stock, valued at approximately $9,176,000.
- [By Lisa Levin] Gainers
Axovant Sciences Ltd. (NASDAQ: AXON) shares rose 23.7 percent to $1.49. Axovant announced strengthening of management team and completion of organization restructuring which "enhanced capabilities in research and business development" and reduced internal headcount by 43 percent.
Mammoth Energy Services, Inc. (NASDAQ: TUSK) shares jumped 19.8 percent to $37.3148. Mammoth Energy’s subsidiary Cobra signed a new $900 million contract to finish the restoration of critical electrical services and support the initial phase of reconstruction of the electrical utility system in Puerto Rico.
Acorn International, Inc. (NYSE: ATV) shares gained 19 percent to $34.0201. Acorn shares rose Friday after the company declared a special one-time cash dividend of $14.97 per ADS.
DHI Group, Inc. (NYSE: DHX) shares surged 19 percent to $2.20.
My Size, Inc. (NASDAQ: MYSZ) climbed 16.8 percent to $1.18 after the company received a Notice of Allowance from the USPTO for measurement technology patent.
Global Eagle Entertainment Inc. (NASDAQ: ENT) gained 16.6 percent to $2.32.
Leju Holdings Limited (NYSE: LEJU) gained 16.5 percent to $1.34 following Q1 beat.
Evolus, Inc. (NASDAQ: EOLS) shares surged 16.5 percent to $26.1499. Evolus named Lauren Silvernail as Chief Financial Officer and Executive Vice President, Corporate Development.
Jupai Holdings Limited (NYSE: JP) shares gained 15 percent to $26.29 after reporting Q1 results.
Momo Inc. (NASDAQ: MOMO) shares gained 15 percent to $44.7702 after the company reported better-than-expected results for its first quarter and issued strong sales forecast for the second quarter.
Windstream Holdings, Inc. (NASDAQ: WIN) rose 15 percent to $7.075.
China Advanced Construction Materials Group, Inc. (NASDAQ: CADC) gained 14.4 percent to $2.746.
American Woodmark Corporation (NASDAQ: AMWD) climbed 14.2 percent to $101.10 after the company reported upbeat Q4 results.
Savara Inc. (NAS
- [By Max Byerly]
Multi-Color (NASDAQ: LABL) and Man Wah (OTCMKTS:MAWHY) are both industrial products companies, but which is the superior investment? We will compare the two companies based on the strength of their risk, valuation, earnings, profitability, analyst recommendations, dividends and institutional ownership.