North American Morning Briefing: Technology Futures -2-

Pyongyang’s state media reported on Friday that more than 350,000 people had contracted a fever that “explosively spread across the country” since late April, and 187,800 people are currently being isolated and treated. The report said that six people died and one person tested positive for the Omicron variant BA.2. He did not say whether other people who died were tested.

   
 
 

Louisiana House blocks abortion bill that would allow women to be charged with murder

The Republican-led House of Representatives in Louisiana halted a measure that would have allowed women who undergo abortions to be charged with murder.

The motion, passed by a state assembly committee last week, sought to recognize a fertilized fetus as a person and made it possible for both doctors and pregnant women to be charged under the state’s homicide law if they perform or obtain an abortion.

   
 
 

Write to [email protected] today in Canada

gains:

Each 1Q unless otherwise noted

BC Tech Hldgs 3Q

Cineplex

princess

IMV

Medipharma Laboratories

New Performance

Orla Mining Company

Solaris Resources

Economic Indicators (ET):

0830 March new car sales

Stocks to watch:

Algonquin Power 1Q Rev $735.7 million; Adj EPS 21c; EPS 13c; Dividend increases to 18.08c vs. 17.06 EGP

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

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

copper capstone 1Q EPS 8c; net $35.1 million; Adj EPS 14c; For the remaining 9 months 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 $8.6 million vs. 9.9 million Canadian dollars; Loss / Shr C $0.53 vs. Loss of 0.81 Canadian dollars

GCM Mining 1Q EPS 14c; net $5.2 million; Rev $101.3 million; On track to meet 2022 annual production guidelines of between 210,000 and 225,000 ounces of gold

Great Panther Mining Company – first quarter loss – $8.9 million; Rev $33.4 million; Operations are on track to meet previously announced consolidated production guidance for 2022 of 100,000 to 119,000 Au Eq.

Hardwood distribution 1Q EPS $1.82

High Arctic Loss 1Q/Shr C$0.05 vs. loss of 0.11 Canadian dollars; Rev C $28.7M vs. 17.8 million Canadian dollars

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

NXT Energy Solutions 1Q Loss/Shr C $0.03; A loss of 1.84 million Canadian dollars

Star Diamond 1Q EPS C$0.00; Loss of 0.9 million Canadian dollars

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

   
 
 

Expected major events for Friday

06:45 / From: April CPI

12:30 / US: April, import and export price indices

12:30 / CAN: March new car sales

13:00 / Russia: International weekly reserves

14:00 / US: Mayo Michigan Consumer Survey – Ole

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

   
 
 

Expected earnings for Friday

9 Meters Biopharma Inc (NMTR) is expected to report for the first quarter.

Acorn Energy (ACFN) is expected to report for the first quarter.

Allied Healthcare (AHPI) is expected to report for the third quarter.

Amerityre Corp (AMTY) is expected to release a report for the third quarter.

Ayala Pharmaceuticals Inc (AYLA) is expected to report for the first quarter.

Buhler Industries (BIIAF, BUI.T) is expected to report for the second quarter.

CSI Compressco LP (CCLP) is expected to report for the first quarter.

Canlan Ice Sports (ICE.T) is expected to report for the first quarter.

Cineplex (CGX.T, CPXGF) is expected to report -$0.66 for the first quarter.

ContraFect Corp (CFRX) is expected to report for the first quarter.

Cullinan Oncology Inc (CGEM) is expected to report for the first quarter.

Emera (EMA.T) is expected to report $0.93 for the first quarter.

GLG Life Tech Corporation (GLG.T, GLGLF) is expected to report for the first quarter.

Ginkor Industries Corporation (GENC) is expected to report for the second quarter.

The Honest Company Inc (HNST) is expected to report for the first quarter.

KLX Energy Services Holdings Inc (KLXE) is expected to report for the first quarter.

Karnalyte Resources (KRLTF, KRN.T) is expected to report for the first quarter.

The La Jolla Pharmaceuticals (LJPC) report is expected to be released in the first quarter.

Lassonde (LAS.AT) is expected to report for the first quarter.

MGT Capital Investments (MGTI) is expected to release a report for the first quarter.

Mannatech Inc (MTEX) is expected to report for the first quarter.

McEwen Mining (MUX, MUX.T) is expected to report for the first quarter.

ONEX Corp (Canada) (ONEX.T) is expected to release a report for the first quarter.

Ocean Bio-Chem (OBCI) is expected to report for the first quarter.

Oconee Federal Financial Corp (OFED) is expected to report for the third quarter.

Odonate Therapeutics Inc (ODTC) is expected to report -$0.92 for the first quarter.

Orgenesis Inc (ORGS) is expected to report for the first quarter.

Outlook Therapeutics Inc (OTLK) is expected to post -0.07 USD for the second quarter.

Pineapple Energy Inc (PEGY) is expected to report for the first quarter.

ProMIS Neurosciences Inc (ARFXF, PMN.T) is expected to report for the first quarter.

ProPhase Labs (PRPH) is expected to report $0.30 for the first quarter.

Royale Energy (ROYL) is expected to report for the first quarter.

Sabine Royalty Trust (SBR) is expected to report for the first quarter.

SouthGobi Resources Ltd (1878.HK, SGQ.T, SGQRF) is expected to report for the first quarter.

Southern Banc Co Inc (SRNN) is expected to report for the third quarter.

Spectral Medical Inc (EDT.T) is expected to register -0.01 USD for the first quarter.

Star Equity Holdings Inc (STRR) is expected to report for the first quarter.

Statera Biopharma Inc (STAB) is expected to report for the first quarter.

Sunlink Health (SSY) is expected to report for the third quarter.

cbdMD Inc (YCBD) is expected to report for the second quarter.

Powered by Kantar Media and Dow Jones.

   
 
 

Classification Analysis Procedure

Air and Chemical products have been cut to equal weight by Wells Fargo

Albemarle was raised to overweight from equal weight by Wells Fargo

American Express Cut to Peer Outstanding Performance by Wolfe Research

Buy Applovin lifted from neutral by B of A Securities

Avaya Holdings for sale cut from purchase by BWS Financial

Beyond Meat Cut to Equal Weight by Barclays

Capital One downgraded for poor performance from peers by Wolf Research

Coupa parts for sale from purchase by Goldman Sachs

Discover outstanding financial performance from superior performance by Wolfe Research

Dutch Brothers Cut to Hold Purchase by Stifel

EVgo rose to outperform a neutral performer by Credit Suisse

Raising Federal Real Estate to a Strong Buying Market Performance by Raymond James

Ford Motor Weight Reducing Weight Gain by Wells Fargo

GM Reduced Weight From Overweight By Wells Fargo

Grocery outlet to hold sale was created by R5 Capital

The international buying game technology originated from Hold by Jefferies

Kratos grew up to excel in neutrality by Bird

Raising the Montrose Envtl Group to Overweight from Neutral by JP Morgan

ON Semiconductor Increased to Equal Weight Increased by Wells Fargo

Pegasystems downgraded market outperformance by JMP Securities

All Americans were raised on the Plains to be outdone by Credit Suisse . Neutral

Raise GB Plains collectibles to beat Neutral by Credit Suisse

Rivian Automotive raised to neutral from underperformance by Exane BNP Paribas

SciPlay originated to buy from Trust Securities

Semrush collectibles reduced sector weight from overweight by Keybanc

Canopy bike parts to hold from Purchased by Berenberg

Switch parts to hold from Purchased by Stifel

Switch to market outperformance by BMO Capital

Switch to Market Outperformance by Cowen & Co.

Simultaneous Financial Downgrade for Peer Performance by Wolfe Research

Junior collectibles cut to equal weight from overweight by Barclays

Lifting Valvoline to Overweight from Neutral by JP Morgan

Warner Bros. discovery elevated to outperform market by Quinn & Co.

Zoom video communications have been cut to a neutral by weight gain by Piper Sandler

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

 

(end) Dow Jones Newswires

May 13, 2022 05:38 ET (09:38 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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