$PEP PepsiCo’s quarterly profit beats on higher pricing | $TSLA, $ARNA, $HK, $RCII, $SNAP, $CUDA

1. ARNA:  $ARNA Arena Pharmaceuticals stock skyrockets on positive hypertension-drug study – MW

2. HK:  $HK Halcon Resources to sell Williston Basin assets for $1.4 billion in cash, shares surge – MW

3. FOLD:  $FOLD FDA Reverses Decision, Allowing Amicus To File For Rare Disease Drug – Forbes

4. RCII:  $RCII Rent-A-Center’s stock rockets after disclosing buyout bid, that it rejected – MW

5. OCUL:  $OCUL Ocular Therapeutix shares rally after company submits FDA amendment – MW

6. RWLK:  $RWLK ReWalk Robotics Announces French Distribution Agreement with Harmonie Médical Service – PRN

7. SLP:  $SLP Simulations Plus posts 3Q profit – Fox News

8. EVGN:  $EVGN Evogene Achieves Important Milestone in Monsanto Crop Disease Collaboration – GN

9. APDN:  $APDN Applied DNA signs new CertainT licensee – Innovation in Textiles

10. DRRX:  $DRRX DURECT Corp primary sclerosing cholangitis treatment granted FDA orphan status – FDA

11. BMRN:  $BMRN BioMarin Announces Positive Phase 1/2 Study Update on BMN 270 for Hemophilia A – SI

12. TWLO:  $TWLO Baird Starts Twilio at Outperform, $35 PT

13. CELG:  $CELG Jefferies Assumes Celgene at Buy

14. PEP:  $PEP PepsiCo’s quarterly profit beats on higher pricing – Reuters

15. SNY: $SNY Sanofi to buy vaccines biotech group Protein Sciences – Reuters

16. JCP: $JCP J.C. Penney CFO Steps Down – WSJ

17. VSTO: $VSTO Vista Outdoor says CEO Mark Deyoung is retiring from co – Reuters

18. KORS:  $KORS MKM Partners Starts Michael Kors at Sell, $26 PT

19. CTXS:  $CTXS Citrix Just Replaced Its CEO—Again – Fortune

20. KNX:  $KNX Knowles 6M Share Block Said to be Offered at $16.20/Each – Bloomberg

21. KN:  $KN SYMBOL CORRRECTION: Knowles 6M Share Block Said to be Offered at $16.20/Each – Bloomberg

22. SNAP:  $SNAP Morgan Stanley Downgrades Snap Inc to Equalweight, $16 PT

23. CUDA:  $CUDA Barracuda Networks Profit Meets Views, Revenue Beats, Stock Falls – IBD

24. APRN:  $APRN Northcoast Research Starts Blue Apron at Sell

25. GTY:  $GTY Getty Realty prices public offering of 4.1 mln shares at $23.15/share – Reuters

26. VOXX:  $VOXX VOXX International Corporation Reports Its Fiscal 2018 First Quarter Financial Results – PRN

1. AGCO:AGCO gets upgrade at William Blair

2. ENTA:$ENTA upgraded from Market Perform to Outperform at JMP. PT $40

3. TXMD:$TXMD upgraded to Outperform at Oppenheimer. PT $10

1. PGF:Pengrowth Energy was Downgraded to a Hold Rating at Canaccord Genuity $PGF

2. TOL:Barclays Downgrades Toll Brothers to Sell $TOL

3. TVE:Canaccord Genuity Downgrades Tamarack Vall Energy to Hold $TVE

1. PEP:$PEP reports FQ2 earnings of $1.50 EPS and $15.71B Revs –

1. SNAP:Why Main Street hates Wall Street. $SNAP

2. FOLD:FDA backs down, allows $FOLD to file migalastat on current data in Q4. New ph3 study not needed. —>

3. PEP:$PEP CFO Johnston said company will continue to invest in new products to drive further revenue growth in future.

4. VRTX:JEFF $VRTX Vertex Pharmaceuticals Risk/Reward on “Triple Pill” Is Better Than Expected – BUY

1. dough on Twitter

2. JP Morgan CEO says ops could be in several EU countries post-Brexit

3. Snap shares fall further below $17 IPO price after underwriter Morgan Stanley downgrades the stock

4. Snap is spiraling after Morgan Stanley slashes its price target

5. Sanofi to buy vaccines biotech group Protein Sciences

6. Cascadian Therapeutics Announces Positive Regulatory Update for Tucatinib in Europe

7. IEA Says Spending in U.S. Shale Drives Global Oil Investment Recovery

8. HSBC CEO confirms possible ‘hard’ Brexit plan to move 1,000 jobs to Paris

1. The Magicapk site being taken down doesn’t mean that the data isn’t still out there. Another site could come up

Jio used the Aadhaar KYC process for authenticating users and this is something which all telecom operators are going to do following a DoT directive based on a flawed reading of a Supreme Court of India ruling.

A previous version of the website cached last month by Google shows a simple message back soon sic.

We have informed law enforcement agencies about the claims of the website and will follow through to ensure strict action is taken.

2. This would make life in China pretty intolerable, and business rather impossible

government has told telecommunications carriers to block access to virtual private networks by people familiar with the matter said thereby shutting a major window to the global internet.

In keeping with President Xi campaign the government now appears to be cracking down on loopholes around the Great Firewall a system that blocks information sources from Twitter and Facebook to news websites such as the New York Times and others.

unclear how the new directive may affect multinationals operating within the country which already have to contend with a Cybersecurity Law that imposes stringent requirements on the transfer of data and may give Beijing unprecedented access to their technology.

3. I’m disappointed by not surprised – Trump delays — and plans to eliminate – foreign founder visas

4. The papers are going after the Duopoly @newsceo tells me “Ultimately, we need a better deal from a distorted system”

5. NYT executive on subscriptions through FB Instant Articles: “So far, we don’t see any great upside”

final but the current thinking is that it will support publications with metered paywalls and freemium models said a source familiar with the briefings.

These options would seem to accommodate metered publications including Facebook skeptic The New York Times and The Wall Street Journal and The Economist which make a certain selection of articles free and put the rest behind a paywall.

The newspaper trade association News Media Alliance is leading an effort that seeks to let members negotiate collectively with Facebook and Google.

6. The 44 immigrant-founded billion-dollar startups in the US have created an avg of 760 American jobs per company

The decision announced by the federal government on Monday ahead of its official publication on Tuesday was quickly slammed by business leaders and organizations especially from the technology sector which has benefited heavily from founded by immigrants.

Continue reading the main story The policy being delayed by the Department of Homeland Security known as the International Entrepreneur Rule was to go into effect next week after being approved by President Obama in January during his final days in office.

The rule was enacted to give foreign entrepreneurs who received significant financial backing for new business ventures the ability to come temporarily to the United States to build their companies.

7. Displaying total ignorance of US history, Trump cedes economic innovation to other countries. Genius.

The decision announced by the federal government on Monday ahead of its official publication on Tuesday was quickly slammed by business leaders and organizations especially from the technology sector which has benefited heavily from founded by immigrants.

Continue reading the main story The policy being delayed by the Department of Homeland Security known as the International Entrepreneur Rule was to go into effect next week after being approved by President Obama in January during his final days in office.

The rule was enacted to give foreign entrepreneurs who received significant financial backing for new business ventures the ability to come temporarily to the United States to build their companies.

8. What’d be really interesting would be news organizations working together to build new tech that attracts people:

But it has across the spectrum of its membership bringing together competitors like The New York Times The Wall Street Journal and The Washington Post as well as scores of regional papers like The Star Tribune of Minneapolis which face the gravest threats.

Mark Thompson the chief executive of The New York Times Company told me that temperature is rising in terms of concern and in some cases anger about what seems like a very asymmetric disadvantageous relationship between the publishers and the very big digital.

Even if more help comes as promised the economic imbalance leaves the industry at the mercy of the generosity or immediate public relations imperatives Facebook and Google are on the way to holding nearly percent of the online advertising market according to eMarketer.

9. “What happens when one country’s idea of acceptable speech clashes with another’s ideas of hate speech?”

Most recently on June Germany passed a law that orders social media companies operating in the country to delete hate speech within hours of it being posted or face fines of up to million per instance.

The trend of courts applying social media laws worldwide could radically change what is allowed to be on the internet setting a troubling precedent.

a risk of a race to the bottom here says Vivek Krishnamurthy assistant director of Harvard Law Cyberlaw Clinic who specializes in international internet governance.

10. GET INVOLVED: You have 30 days (till 8/11) to provide comments to Trump Admin about proposed delay/repeal ->

Citizenship and Immigration Services USCIS by sending correspondence to Samantha Deshommes Chief Regulatory Coordination Division Office of Policy and Strategy UCSIS DHS Massachusetts Avenue Washington DC.

The IE Final Rule amended DHS regulations to include criteria that would guide the implementation of the Secretary of Homeland Security discretionary parole authority as applied to international entrepreneurs.

observing that exceptions to notice and comment although construed narrowly are designed for where the policies promoted by public participation in rulemaking are outweighed by the countervailing considerations of effectiveness efficiency expedition and reduction in quotation marks omitted.