Mar 13, 2023

Stocks to Watch: Aptose Reports Immaterial Fincl Exposure to Silicon Valley Bank; Has Not Entered Into a Line of Credit With SVB, and Therefore Has No Exposure Related to Any Credit Facility --- International Petroleum to Arrange Fixed Income Investor Meetings; Meetings Related to a Potential Tap Issue Under Outstanding $300M 7.25% Senior Unsecured Bonds With Maturity in 2027; Mandated Arctic Securities, Pareto Securities as Joint Lead Managers, Bookrunners to Arrange Meetings; Tap Issue of Up to $200M May Follow, Subject to Market Conditions; Tap Issue Is for General Purposes --- Mountain Province Diamonds Announces Intention to Voluntarily Terminate SEC Reporting Obligations; Shares Will Continue to Trade on TSX and Company Will Meet Canadian Disclosure Obligations --- Ritchie Bros. Co-Founder and Former Pres & COO Speak Out Against Merger With IAA; Co-Founder David E Ritchie, Former Pres C Russell Cmolik Say IAA Merger Threatens Customer Focus, Corp Culture; Ritchie, Cmolik: Agree With Luxor Capital Group Analysis Opposing IAA Deal; Luxor Manages Funds Owning 4.7M Ritchie Bros. Shrs, Had Urged Shareholders to Vote Against Merger; Ritchie, Cmolik: Speaking Against Deal After Several Shareholders' Opposition, Recommendations of Proxy Advisors ISS and Glass Lewis; Had Believed Bd Would Seek to Terminate Deal, or Hldrs Vote It Down; 'Alarmed' by Approval of Merger by Small Margin of Hldrs; Believe Immense Amount of Time Needed to Turn Around IAA's Declining Business at a Time When Ritchie Bros. Should Be Re-Doubling Efforts on Customers, Employees, Stakeholders;Urge Hldrs to Revoke Votes in Favor of IAA Merger --- Expected Major Events for Monday 00:01/UK: Feb UK Regional PMI 07:00/GER: 4Q Labour cost index 09:30/UK: Annual CPI Basket of Goods and Services annual review 14:00/US: Feb Employment Trends Index 14:00/US: Jan State Employment and Unemployment All times in GMT. Expected Earnings for Monday Adams Resources & Energy Inc (AE) is expected to report $0.89 for 4Q. Air Industries Group (AIRI) is expected to report for 4Q. American Vanguard (AVD) is expected to report $0.08 for 4Q. Avid Bioservices Inc (CDMO) is expected to report $-0.02 for 3Q. Battalion Oil Corp (BATL) is expected to report for 4Q. Benson Hill Inc (BHIL) is expected to report for 4Q. Bluegreen Vacations Holding Corp (BVH) is expected to report for 4Q. Canoo Inc (GOEV) is expected to report for 4Q. Coffee Holding Co Inc (JVA) is expected to report $0.06 for 4Q. Curis Inc (CRIS) is expected to report $-0.13 for 4Q. Danimer Scientific Inc (DNMR) is expected to report for 4Q. Digital Media Solutions Inc (DMS) is expected to report for 4Q. Eagle Pharmaceuticals Inc (EGRX) is expected to report $-0.54 for 4Q. Enterprise Group is expected to report for 4Q. F45 Training Holdings Inc (FXLV) is expected to report for 4Q. Finance of America Cos Inc (FOA) is expected to report for 4Q. Gamehost is expected to report for 4Q. Genie Energy Ltd (GNE) is expected to report for 4Q. GitLab Inc (GTLB) is expected to report for 4Q. Inozyme Pharma Inc (INZY) is expected to report for 4Q. Inspired Entertainment (INSE) is expected to report $-0.12 for 4Q. Lightning eMotors Inc (ZEV) is expected to report for 4Q. Maui Land & Pineapple Co Inc (MLP) is expected to report for 4Q. Ocean Power Technologies Inc (OPTT) is expected to report for 3Q. Omeros Corp (OMER) is expected to report $-0.57 for 4Q. Oportun Financial Corp (OPRT) is expected to report for 4Q. Optical Cable (OCC) is expected to report for 1Q. Otonomy Inc (OTIC) is expected to report $-0.47 for 4Q. Party City Holdco Inc (PRTYQ) is expected to report $-0.02 for 4Q. Pieris Pharmaceuticals Inc (PIRS) is expected to report $-0.21 for 4Q. Quince Therapeutics Inc (QNCX) is expected to report for 4Q. SEMrush Holdings Inc (SEMR) is expected to report for 4Q. Solid Biosciences Inc (SLDB) is expected to report for 4Q. T2 Biosystems Inc (TTOO) is expected to report for 4Q. Thorne Healthtech Inc (THRN) is expected to report for 4Q. Tonix Pharmaceuticals Holding Corp (TNXP) is expected to report for 4Q. Turtle Beach Corp (HEAR) is expected to report $0.19 for 4Q. VBI Vaccines Inc (VBIV,VBV-T) is expected to report $-0.07 for 4Q. Whole Earth Brands Inc (FREE) is expected to report for 4Q. ANALYST RATINGS ACTIONS a.k.a. Brands Holding Cut to Neutral From Overweight by Piper Sandler Alaska Air Group Raised to Overweight From Equal-Weight by Barclays Allbirds Cut to Market Perform From Outperform by Telsey Advisory Group Allbirds Cut to Neutral From Buy by Guggenheim Allbirds Cut to Neutral From Outperform by Baird Allegiant Travel Cut to Equal-Weight From Overweight by Barclays Ameresco Raised to Overweight From Neutral by Piper Sandler Apple Cut to Sell From Neutral by LightShed Partners BioXcel Therapeutics Cut to Hold From Buy by Jefferies Caterpillar Cut to Sell From Neutral by UBS DocuSign Cut to Underweight From Neutral by JP Morgan First Eagle Alt Capital Cut to Market Perform by Keefe, Bruyette & Woods Fulcrum Therapeutics Cut to Neutral From Buy by HC Wainwright & Co. Fulcrum Therapeutics Cut to Neutral From Outperform by Credit Suisse Hugo Boss Cut to Hold by Deutsche Bank Inseego Cut to Market Perform From Outperform by TD Cowen KeyCorp Raised to Neutral From Underweight by Piper Sandler KeyCorp Raised to Outperform From Neutral by Baird Marathon Petroleum Raised to Buy From Neutral by Mizuho Nike Raised to Positive From Mixed by OTR Global Playstudios Raised to Buy From Hold by Craig-Hallum Roblox Raised to Buy From Hold by Jefferies Silk Road Medical Raised to Neutral From Sell by Citigroup Southwest Airlines Cut to Equal-Weight From Overweight by Barclays Stride Cut to Equal-Weight From Overweight by Morgan Stanley SVB Financial Cut to Hold From Buy by Truist Securities SVB Financial Cut to Market Perform From Outperform by Raymond James SVB Financial Cut to Peer Perform From Outperform by Wolfe Research United Airlines Raised to Overweight From Equal-Weight by Barclays Zimmer Biomet Holdings Raised to Overweight From Neutral by Piper Sandler This article is a text version of a Wall Street Journal newsletter published earlier today. (END) Dow Jones Newswires