6:50 am Eagle Pharma announces it has submitted an NDA to the US FDA for its ready-to-use Bivalirudin product (EGRX) :  

6:47 am On the Wires (:WIRES) :

• NextGen Healthcare Information Systems, a subsidiary of Quality Systems (QSII) announced it has entered into an agreement with Reno Sparks Tribal Health Center, where RSTHC will deploy NextGen solutions, including NextGen Ambulatory EHR, NextGen Practice Management and NextGen Electronic Dental Record, to improve its organizational efficiency.
• CME Group,(CME) announced the launch of eight new European Power futures contracts on CME Europe. European Power futures are base load and peak load contracts covering the German, French, Spanish and Italian markets
• Canon U.S.A. (CAJ) announces two new additions to its portfolio of Canon Image Stabilizer binoculars, with availability of the 10x30 IS II and 12x36 IS III
• STMicroelectronics (STM) and Paradox Engineering SA announced that they will be demonstrating wireless mesh network technologies for Smart City at Techno-Frontier 2015
• eGain (EGAN) announced that Navy Federal Credit Union has selected eGain for proactive member engagement across digital touchpoints.
• Atara Biotherapeutics (ATRA) announced that the American Society of Clinical Oncology 2015 Annual Meeting website was updated for abstract 10016 being presented by its collaborating investigators at Memorial Sloan Kettering Cancer Center. The updated abstract adds information on T-lymphocytes activated against Epstein-Barr Virus in the treatment of patients with rituximab-refractory EBV associated lymphoproliferative disease after solid organ transplantation

6:46 am Citi Trends beats by $0.01, misses on revs (CTRN) : Reports Q1 (Apr) earnings of $0.74 per share, $0.01 better than the Capital IQ Consensus Estimate of $0.73; revenues rose 3.7% year/year to $194.9 mln vs the $197.83 mln consensus; comps +1.8%.

6:38 am Black Knight Financial (NYSE: BKFS) priced its upsized 18 mln share IPO at $24.50 per share, the high end of the expected $22.00-25.00 range (BKFS) : The IPO was increased from original plans to offer 17 mln shares

6:34 am Hormel Foods beats by $0.04, misses on revs; reaffirms FY15 EPS guidance (HRL) : Reports Q2 (Apr) earnings of $0.67 per share, $0.04 better than the Capital IQ Consensus of $0.63; revenues rose 1.5% year/year to $2.28 bln vs the $2.39 bln consensus; volume up 5 percent. Total segment operating profit increased 29%.

Co reaffirms guidance for FY15, sees EPS of lower end of $2.50-2.60, excluding non-recurring items, vs. $2.54 Capital IQ Consensus. 

• "While we enjoyed an excellent first half, we expect Jennie-O Turkey Store to be significantly challenged going forward due to the impacts of avian influenza on our turkey supply chain," commented Ettinger. "Refrigerated Foods and Grocery Products will continue to benefit from value-added product growth and lower pork input costs. Specialty Foods is positioned to deliver substantial earnings increases in the back half with the CytoSport business." 
  

6:30 am ContraFect appointsSteven C. Gilman, PhD, to its Board of Directors where he will assume the role of Executive Chairman (CFRX) :  

6:30 am Yahoo! issues statement regarding IRS comments, believes the IRS statement is not specific to the planned spin-off of its Alibaba (BABA) stake (YHOO) : Yahoo confirmed that an IRS representative stated Tuesday that the IRS plans to study its rules for issuing private letter rulings regarding the active trade or business requirement in spin-off transactions and will hold off processing new ruling requests. Yahoo notes it understands that the IRS's statement is not specific to Yahoo's planned Q4 2015 spin-off of its remaining stake in Alibaba Group and Yahoo Small Business, reflects no change in applicable law, and does not affect previously filed ruling requests. Yahoo filed its pending ruling request with the IRS in Q1 2015. Yahoo continues to work toward completing the planned spin-off in Q4 2015.

6:25 am Global Net Lease anticipates its shares of common stock to list and begin trading on the NYSE during the week of May 26th (:GNL) : As previously announced, GNL intends to launch a tender offer in conjunction with the listing to purchase up to $125 million of its shares of common stock at $10.50 per share.

6:11 am Atento beats by $0.01, reports revs in-line; reaffirms FY15 guidance (ATTO) : Reports Q1 (Mar) earnings of $0.20 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus Estimate of $0.19; revenues fell 8.1% year/year to $515.9 mln vs the $513.93 mln consensus. 

• Q1 Adjusted EBITDA was $58.3 million, or 11.3% of revenue, compared to $62.8 million, or 11.2% of revenue, for the first quarter of 2014.
• Co reaffirms the following FY15 guidance: Constant currency revenue growth estimated to range between 6% and 9% Adjusted EBITDA Margin estimated to range between 13.0% and 13.5%. The Company expects normal seasonal impacts which would cause our quarterly revenue to follow similar trends as last year, with a greater portion recorded in the second half of the year.
  

6:08 am Staples reports EPS in-line, misses on revs; guides Q2 EPS in-line (SPLS) : Reports Q1 (Apr) earnings of $0.17 per share, excluding non-recurring items, in-line with the Capital IQ Consensus Estimate of $0.17; revenues fell 6.9% year/year to $5.26 bln vs the $5.46 bln consensus.
North American Stores:

• Comparable sales: -3% 
• Comparable store sales: -5% 
• Staples.com local currency sales growth: +3% 
  

• expects sales to decrease versus the second quarter of 2014 (2Q14: $5.22 bln). This is in-line with current estimate of $5.08 bln
  

6:07 am Lowe's misses by $0.04, reports revs in-line; reaffirms FY16 EPS, rev, and comp guidance; Q1 comps +5.2% (LOW) : Reports Q1 (Apr) earnings of $0.70 per share, $0.04 worse than the Capital IQ Consensus Estimate of $0.74; revenues rose 5.4% year/year to $14.13 bln vs the $14.26 bln consensus.

• Co reaffirms guidance for FY16, sees EPS of $3.29 vs. $3.31 Capital IQ Consensus Estimate; sees FY16 revs of +4.5-5.0% to ~$58.75-59.0 bln vs. $58.97 bln Capital IQ Consensus Estimate; reaffirms comp guidance of 4 to 4.5%. Co expects to open 15 to 20 home improvement and hardware stores.
• Q1 comparable sales for the quarter increased 5.2%. Comparable sales for the U.S. home improvement business increased 5.3%.
  

6:02 am Rubicon Minerals announces that it has been accepted into the Industrial Electricity Incentive Stream 3 Program from the Independent Electricity System Operator (RBY) : As part of the 9-year IEI Program contract, Rubicon anticipates an average electricity cost savings of ~C$4.0 mln per full year of operations based on 2014 electricity rate information.

5:51 am S&P futures vs fair value: -1.60. Nasdaq futures vs fair value: +0.80. :

5:50 am European Markets : FTSE...6999.52...+4.40...+0.10%.  DAX...11809.03...-44.30...-0.40%.

5:50 am Asian Markets : Nikkei...20196.56...+170.20...+0.90%.  Hang Seng...27585.05...-108.50...-0.40%.

4:56 am Edwards Lifesciences provides new SAPIEN 3 Valve data that demonstrated low mortality supporting previous study (EW) : Co announced that 30-day outcomes for intermediate-risk patients treated transfemorally with the SAPIEN 3 transcatheter aortic valve at centers in Europe and Canada demonstrated very low mortality and stroke rates, and no severe paravalvular leaks. These independently adjudicated data are consistent with the outcomes recently reported in a similar study of 1,000 patients treated at 51 centers in the United States.

4:29 am St. Jude Medical provides new data supporting its OCT Technology (STJ) : Co announced preliminary results from the ILUMIEN I trial and final results from the ILUMIEN II clinical study. Taken together, the findings from both studies show that with resolution up to 10 times higher than intravascular ultrasound, optical coherence tomography imaging can help improve stent selection and deployment, better support clinical decision-making and improve patient outcomes.

Findings from ILUMIEN I: Optimizing PCI with OCT Guidance
In the largest prospective study to date examining OCT's impact on clinical decisions and their associated outcomes, ILUMIEN I assessed 418 patients suffering stable or unstable angina or non-ST segment elevation myocardial infarction (:NSTEMI). The study's 12-month data shows:

• OCT guidance conducted either pre- or post-PCI altered physician decision-making in 65% of patients. 
  
• Pre-PCI OCT altered treatment planning in 55% of patients and led to changes in decisions related to stent length and diameter. 
  
• OCT imaging was associated with a reduction of in-hospital MI when used pre- and post-PCI to change the procedural strategy. 
  

4:27 am Yingli Green Energy responds to 'Going Concern' reports; co believes it will meet our repayment obligations (YGE) : Co issued a statement to respond to recent media coverage on the Company's ability as a going concern as disclosed in its annual report on Form 20-F for the year ended December 31, 2014.

• Co recently filed the 2014 Annual Report with the SEC, in which the Company disclosed its operating and financial results for 2014, including the Company's historical financial performance, as well as the Company's overall losses, debt-to-equity ratios and strategic investments. 
• Co stated in the 2014 Annual Report that there is substantial doubt as to the Company's ability to continue as a going concern. 
• However, co states this statement has been taken and interpreted out of context in some media coverages. 
• The Company has been transparent not only about the risks and challenges it faces, but also about the Company's alternative plans to mitigate future risks and challenges.
• The Company has already taken a series of positive and substantive actions and steps relating to its debt repayment plans, including the recent repayment of the Company's mid-term notes in the principal amount of RMB 1.2 billion, which matured on May 3, 2015. 
• Overall, the Company is optimistic about and confident in its ability to continue servicing the global solar market, and feel well-positioned with our quality products and access to capital in order to take advantage of the current surge in solar demand. 

3:49 am On The Wires (:WIRES) :

• Alibaba.com, the platform for global wholesale trade owned by Alibaba Group (BABA), launched Trade Assurance, a free service designed to create trust in trade by giving businesses peace of mind when trading with China. 
• Norwegian Cruise Line (NCLH) announced that the Norwegian Dawn had a temporary malfunction of its steering system, causing the ship to sail slightly off course as the ship was departing Bermuda, resulting in the vessel making contact with the sea bed. All guests and crew are safe and there were absolutely no injuries. The ship's officers, engineers and an independent dive team have confirmed the structural integrity of the ship. )-- Canon (CAJ) announces two new additions to its portfolio of Canon Image Stabilizer binoculars with the 10x30 IS II and 12x36 IS III. 
• Disney (DIS) Store opened the doors of its flagship store in Lujiazui area of Pudong, Shanghai, China. The landmark store is the largest retail space of any Disney Store in the world featuring 5000 square meters of immersive shopping experiences and innovative product, and also features an outdoor plaza. 
• Constellium N.V. (CSTM) announces its AIRWARE technology was aboard Orion's successful first flight test, Exploration Flight Test-1 (EFT-1). 
• Built by Lockheed Martin (LMT), NASA's Orion spacecraft is designed for human exploration of deep space.
  

3:20 am On The Wires (:WIRES) :

• Blizzard Entertainment (ATVI) and NetEase (NTES) jointly announced that the Nexus portal is wide open to heroes everywhere, as open beta testing for Heroes of the Storm, its brand-new free-to-play online team brawler for Windows PC, is now live in China. 
• Equinix (EQIX) announced that Azure ExpressRoute has deployed into its Melbourne data center, ME1. As of today, Equinix enables Melbourne businesses to be able to directly connect with Microsoft Azure through the ME1 International Business Exchange data center.
  
• Bright Horizons Family Solutions (BFAM) announced it has acquired Pennsylvania-based Hildebrandt Learning Centers, welcoming its centers, staff and leaders to the Bright Horizons family along with the children, families, and clients they serve. The acquisition closed on May 19, 2015, and financial terms were not disclosed.
  
• Consolidated-Tomoka Land (CTO) announced the acquisition of a 23,329 square-foot property situated on 2.46 acres in Glendale, Arizona for ~$8.6 million.
  

2:29 am UBS resolves FX matter with DOJ; fined $342 mln; no financial impact on 2Q 2015 results (UBS) : UBS announced that it has approved entering into resolutions with the US Department of Justice DOJ, the Board of Governors of the Federal Reserve System and the Connecticut Department of Banking in their investigations of the global foreign exchange markets. This follows the firm's resolutions last November with the Swiss Financial Market Supervisory Authority, UK Financial Conduct Authority and the US Commodity Futures Trading Commission. 

• Firm faces no criminal charges and no DOJ fine on FX 
• UBS granted conditional immunity from prosecution for FX by Antitrust Division of DOJ 
• DOJ to terminate 2012 LIBOR NPA requiring UBS AG to plead guilty on legacy LIBOR conduct and pay USD 203 million 
• Payment to Board of Governors of the Federal Reserve System of $342 million 
• UBS fully provisioned for these resolutions; no financial impact on 2Q 2015 results
  

2:21 am B2Gold secures new $350 mln revolving credit facility (BTG) :  

2:11 am Integrated Silicon receives letter from Starboard Group; Starboard disappointed ISSI Board does not appear to be doing everything in its power to negotiate the best possible deal for shareholders (ISSI) : Starboard Value LP, the largest shareholder of Integrated Silicon Solution, with ownership of approximately 11.5% of the Company's outstanding common stock, today announced that it has delivered a letter to the independent members of ISSI's Board of Directors. The major points of the letter are as followed:

• Extremely disturbed to learn that ISSI is frustrating Cypress Semiconductor's (CY) attempts to conduct customary due diligence
• Disappointed ISSI Board does not appear to be doing everything in its power to negotiate the best possible deal for shareholders
• Currently intends to vote against ISSI's Merger with the Buyer Consortium at the June 3 Special Meeting and commence a consent solicitation to remove and replace a
• Majority of the ISSI Board in the event the board fails to immediately take the following actions:
• Announce it has formed a special committee of independent directors to oversee all further deal negotiations without undue influence from management
• Enter into an appropriate confidentiality agreement with Cypress
• Confirm that cypress will be provided reasonable access to information it may require and cooperation from management.
  

1:33 am Interactive Intelligence prices $150.0 mln of its 1.25% Convertible Senior Notes due 2020 (ININ) :  

1:31 am Sociedad Quimica y Minera misses by $0.04; misses on revs (SQM) : Reports Q1 EPS of $0.27 vs $0.31 Capital IQ consensus; revs increased 27% YoY to $387.5 mln vs $532.5 mln consensus. 

• In the industrial chemical business line, co sees very positive signs in the solar salt  business, and expect to move forward some sales anticipated for 2016 to 2015. 
• This shift should bring sales volume expectations for 2015 to over 75,000 metric tons, an increase of over 50,000 metric tons when compared to last year.

1:21 am Momenta Pharma prices 7,250,000 shares of common stock at $19.00 per share (MNTA) :  

1:18 am Energy Transfer Equity prices $985 mln of 5.500% senior notes due 2027 (ETE) :  

1:15 am Deutsche Post divests 4.16% stake in Sinotrans (DPSGY) : Co announced that it has reduced its financial holding in Sinotrans Ltd. of 5.16% of total issued shares (equivalent to 11.07% of issued H-shares) by disposing 191,400,000 H-shares representing about 4.16% of the number of total issued shares (equivalent to 8.92% of number of issued H-shares).

1:03 am NiSource unit Columbia Pipeline Group, prices $2.75 bln of Senior Notes (NI) : Co announced the pricing of $2.75 billion in aggregate principal amount of 2.45% senior unsecured notes due 2018, 3.30% senior unsecured notes due 2020, 4.50% senior unsecured notes due 2025 and 5.80% senior unsecured notes due 2045