A relatively high ROCE shows BlackBerry is potentially operating at a higher level of efficiency than other companies in its industry. Well, for starters, Sorrento has a stake in two cell-based immunotherapy companies that could “drive value in Sorrento shares over the coming months.” One is Celularity, a clinical-stage cell therapeutics company focused on cellular medicines for cancer, infectious diseases, and degenerative diseases. Here's what Wien told Yahoo Finance Live. Each data entry contains the CCP member’s name, ethnicity, place of birth, education level, identification number and, in some cases, a phone number and address. Qualcomm disappointed Wall Street with its latest financial report. All of this follows Qualcomm’s legal difficulties with Chinese anti-competition authorities in 2015 for the violation of a 2008 anti-monopoly law. His agenda, including ambitious aid and a follow-up plan to spend on projects such as infrastructure, got a boost Jan. 5 when Democrats won control of the Senate.Vice President Kamala Harris’ vote should help seal Democratic wins on issues that require a simple majority for passage in the evenly split upper house. His bill sets aside $20 billion for a national vaccine program and $50 billion to expand testing capacity.Signs of froth abound, though. Analyst Brian Schwartz says that investors may need to be more selective this year after last year’s rally in cloud-software stocks. All rights reserved. A representative for SMIC, which has repeatedly denied supplying the People’s Liberation Army, declined to comment beyond a statement this week warning of “major adverse impact” on its plans. NI is currently trading at $21.67, a striking distance from its 52-week low. Hydrogen power company Plug Power Inc (NASDAQ: PLUG) is both a first mover and fast mover in the hydrogen fuel cell space, but the stock trades a "steep price," according to JPMorgan.The Plug Power Analyst: Paul Coster initiated coverage of Plug Power with a Neutral rating and $60 price target.The Plug Power Thesis: Plug Power has been an early player in the $200-billion electrification of the transportation and logistics market, Coster said in a Thursday initiation note.The company is able to back up its year of operation with a proven proton exchange membrane technology, a strong balance sheet, and large customers and partners, the analyst said.This gives the company a compelling path to make $1.2 billion in sales by 2024 and generate a profit, he said. Theravance owns royalty rights on Trelegy, with income estimated at 5.5% to 8.5% of total sales. The project with the FCC was scrapped in 1988, when the FCC told all twelve vendors that submitted proposals to form a joint ve… Qualcomm Incorporated includes Qualcomm's licensing business, QTL, and the vast majority of its patent portfolio. According to the database, 96 members in the Qualcomm Wireless Communication Technology (China) Co. Ltd. Party Branch, and 133 additional members spread over six party branches of Qualcomm Enterprise Management (Shanghai) work for semiconductor manufacturer and 5G wireless technology company Qualcomm, a US-based multinational. “We are deeply concerned that SMIC’s placement on the Entity List by the Bureau of Industry and Security was done for show.”, Read more: U.S. Blacklists More Than 60 Chinese Firms, Including SMIC. Qualcomm Names Its Next-Gen Chipset 'Snapdragon 888' The numerically significant name signifies how China is still a prime market for Qualcomm's chipsets. Each of these drugs leverages novel delivery of unique compounds against proven mechanisms-of-action and could offer superior safety and/or treatment effect, from their wider therapeutic windows,” Porges noted. TBPH shares are priced at $16.95, and their $33.60 average price target suggests a 97% upside from that level. Qualcomm’s Centriq IP will continue to live under the Thang Long 4800 brand name used by HXT, a joint venture set up between the Chinese Guizhou Province and Qualcomm… This figure implies a 48% upside from current levels. In fact, Plug Power's recent SK Group and Renault partnerships could lift its 2024 sales outlook to $1.7 billion, and revenue growth will continue to accelerate in 2025, Coster said. “Which products exactly are targeted is not entirely clear,” he told Bloomberg News this week. In the last three months, only 2 analysts have issued ratings. Do Not Sell My Personal Information. Sixteen members are part of Boeing’s Hongqiao Maintenance Base Boeing Line Maintenance Division . Automakers around the world are shutting assembly lines because of a global shortage of semiconductors that in some cases has been exacerbated by the Trump administration's actions against key Chinese chip factories, industry officials said. This approval will give Theravance a slice of the income on a drug with a broad potential audience, as asthma affects more than 350 million people globally. The research programs range from Phase 1 to Phase 3 trials. Qualcomm Inc has agreed to pay a fine of $975 million, the largest in China's corporate history, ending a 14-month government investigation into anti-competitive practices. There’s a thrill in finding a valuable stock at low, low price – and then watching it appreciate in the mid- to long-term. (See NI stock analysis on TipRanks) To find good ideas for beaten-down stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. As well, three female employees of the US consulate in Shanghai have been identified in the list of 1.95 million party members that was leaked to an international group of legislators, the Inter-Parliamentary Alliance on China, which includes Sens. Overall, however, revenues have conformed to the company’s historic pattern: The second and third quarters are relatively low, while the top line increases with cold weather in Q4 and peaks in Q1. Secretary of State Mike Pompeo warned of China’s infiltration of US universities, which are “hooked on Communist cash” and stifle criticism of Beijing. But in a letter to Commerce Secretary Wilbur Ross Tuesday, Senator Marco Rubio and Representative Michael McCaul warned the action was “utterly ineffective” and fell short of crippling Beijing’s drive into next-generation semiconductors. Buy) and gives it a $35 price target, implying an impressive one-year upside of 104%. “Our beloved Chinese American community has been warning us about these tactics for many years, and the political class has ignored those warnings.”. “Theravance’s respiratory medicines are its key near-term valuation drivers… We still forecast ~$2.4B in WW Triple sales at peak (2027E). Related Link: Why Plug Power's Lead In Fuel Cell, Hydrogen Space Could Create 'Outsized Winner'Why JPMorgan Is Downgrading FuelCell: Separately, Coster downgraded FuelCell Energy Inc's (NASDAQ: FCEL) stock rating from Neutral to Underweight.The stock is up 70% since the start of 2021 and more than 800% over the last year. Of more immediate interest to investors is Trelegy Ellipta, GlaxoSmithKline’s new once daily inhaler medication developed as a maintenance treatment for asthma, which was approved by the FDA in September, 2020. The key here for investors is finding options in which the risk/reward combination will work toward long-term advantage. Can the bank reverse falling earnings and stem rising loan losses? Qualcomm Qualcomm has said it believes 888 is the "most premium name" possible Qualcomm has branded its next flagship chip for Android smartphones with a number lucky in Chinese tradition. The three, all listed as ethnic Han college graduates, are registered in a 31-strong Communist Party branch listed as Shanghai Foreign Institutional Service Co., which is a state-owned employment agency, which provides local staff for foreign consulates, schools and news media. At issue is the administration’s focus on drawing a line at 10-nanometer technology, banning the sale of equipment intended for use in more advanced processes. The shares are selling for $21.68, and the average price target of $28.75 suggests an upside of ~32% on the one-year timeframe. ), a member of the Homeland Security Committee, said yesterday: “CCP agents have no place in US government facilities, and this report should serve as a much-needed wake-up call to Washington, DC, and corporate executives, who continue to welcome the Chinese government with open arms. Qualcomm released positive earnings on July 30 with beat analyst expectations, and also announced a new licensing deal with Chinese smartphone giant Huawei on its earnings call. The second company is NantKwest, which recently signed a deal to merge with ImmunityBio. The database was verified by international cybersecurity firm Internet 2.0, which found it was originally leaked on encrypted messaging app Telegram in 2016. One analyst, however, thinks this lower stock price gives investors an attractive entry point today. Qualcomm 3D Sonic Sensor Gen 2 are expected to debut in mobile devices in early 2021 and the first device to offer this could be from the Samsung Galaxy S21 series smartphones. Marijuana stocks surged as a Democratic Senate adds to cannabis legalization momentum. stocks have pushed to record after record since the vaccine approvals and Biden’s election in November. Some even questioned whether the Cupertino, California-based technology giant can succeed. JPMorgan delivered results that blew away analysts’ expectations even as the COVID-19 pandemic continued to exert significant headwinds on the global economy. And it hiked its capital spending budget twice this year to $6.7 billion before taking it back citing U.S. regulatory uncertainty. Entegris Inc. Chief Executive Officer Bertrand Loy, who is also chairman of the industry’s largest trade group, SEMI, said no one quite knows yet how the latest sanctions will play out. It is very important to do your own analysis before making any investment. If confirmed, the Chinese company could lose its supply of valuable Snapdragon mobile chips by U.S. company Qualcomm. Chinese government-backed SMIC, a manufacturer of chips for global names from Qualcomm Inc. to Broadcom Inc., relies on U.S. gear for its longer-term technology road map. Thanks for contacting us. Investors may take this into account before making any long-term financial decisions.Q3 Earnings Recap BlackBerry reported Q3 earnings per share at $0.02/share, which beat analyst predictions of $-0.01/share.See more from Benzinga * Click here for options trades from Benzinga * Why Aurora Cannabis's Stock is Trading Higher Today * Analyzing The Price Action In Acacia Communications Stock Today(C) 2021 Benzinga.com. December 13, 2020 | 10:17pm | Updated December 14, 2020 | 1:35pm. Tesla shares look fully valued to investing legend Byron Wien of Blackstone. Boeing, Qualcomm and Pfizer are just three US companies that have employed dozens of CCP members in their Chinese facilities, the database reveals. Sorrento owns roughly 8.2 million shares of the clinical-stage immunotherapy company. “We have high confidence this list is authentic,” Internet 2.0 co-founder David Robinson, a former Australian army intelligence officer, told me Sunday. To this end, Porges rates TBPH an Outperform (i.e. This is because when in 2018, Qualcomm had launched the first-gen Qualcomm 3D Sonic Sensor, a number of Samsung Galaxy devices — Galaxy S10 series, Galaxy Note 10 series, Galaxy S20 series, and the … China is by far the largest market for semiconductors and heavily reliant on imports. “The company has already got critical equipment and materials needed to continue production,” said Xiang Ligang, Beijing-based director-general of the Information Consumption Alliance. (To watch Hovis' track record, click here) "NI shares appear favorably valued at 18.1-times our 2021 EPS estimate, below the average multiple of 21.6 for comparable electric and gas utilities," Hovis noted. Also listed are 27 members of the Party Branch of Boeing Fourth Branch of the Flight Department of Eastern Airlines Yunnan Co. and 23 members of the China Eastern Airlines Beijing Maintenance Department Party Committee Boeing Maintenance Workshop Party Branch. The pair echo the concerns of industry executives and government officials who argue the White House should do more to hamstring SMIC, one of several companies instrumental to Beijing’s ambitions of supplanting American dominance in a plethora of spheres including semiconductors. Notably, Samsung hasn’t confirmed its plans to launch a phone with Qualcomm’s latest flagship chip. It was passed on to IPAC six weeks ago by a third party. Beijing has long worried a concerted White House campaign to contain the nation’s tech ascendancy -- which has already shaken up the supply chain for everything from iPhones to laptops -- will kneecap its rapidly developing chip industry. 38,903, © 2021 NYP Holdings, Inc. All Rights Reserved ... passioned for Chinese … Sitemap Latest Ratings for FCEL DateFirmActionFromTo Jan 2021JP MorganDowngradesNeutralUnderweight Jan 2021JefferiesInitiates Coverage OnHold Dec 2020Canaccord GenuityInitiates Coverage OnHold View More Analyst Ratings for FCEL View the Latest Analyst RatingsSee more from Benzinga * Click here for options trades from Benzinga * Plug Power CEO Highlights Democratic Senate Win, SK Contract(C) 2021 Benzinga.com. But the real boom could be set to take off beginning January 20th. A department spokesperson yesterday had no comment about “an allegedly leaked database of Communist Party members” and said “the department does not discuss security protocols or personnel matters.”. That reaction underestimates the task that confronts Apple in coming years, according to analysts. Retiring Republican Rep. Jim Sensenbrenner is asking the House Ethics... Post was not sent - check your email addresses! Investors have tolerated them so far because of Biden’s pledge to amp up spending not only on direct aid, but also on fighting the virus and rolling vaccines. The CCP database is split into 79,000 branches. The debate highlights the difficulty for U.S. policy makers of choosing such a globalized and technical industry to project geopolitical aims. In the final three months of 2019, the company sold 13 million handsets in the world’s second-largest economy. All rights reserved. (See TBPH stock analysis on TipRanks) NiSource, Inc. (NI) NiSource is a utility holding company, with subsidiaries in the natural gas and electricity sectors. H.C. Wainwright analyst Ram Selvaraju points in the direction of Sorrento Therapeutics (SRNE), as one such company. Qualcomm is the leader in 5G mobile chipsets, while Broadcom makes a broad array of communications electronics chips, from mobile RF filters for handsets to chips for consumer modems and data centers. Read more: Huawei Outhustles Trump by Hoarding Chips Vital for China 5G. The company has a FY20 capital spending plan exceeding $1.7 billion, and is guiding toward $1.3 billion for FY21. "NiSource could also become a buyout target, as larger utilitiesand private equity firms have purchased smaller utilities because oftheir stable earnings growth and above-average dividend yields." Armie Hammer’s ex Courtney Vucekovich: He wanted to 'barbecue and eat' me, It seems clear whom Urban Meyer wants as the Jaguars' quarterback, Pregnant influencer's cause of death revealed, Viewers say Netflix went too far in graphic series, Air Force vet fatally shot at Capitol was in a 'throuple': reports, Christine Fang, also known as Fang Fang, pictured with Congressman Eric Swalwell, Scary images show bus dangling off NYC overpass following crash, © 2021 NYP Holdings, Inc. 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In mid-1985, Qualcomm was hired by Hughes Aircraft to provide research and testing for a satellite network proposal to the Federal Communications Commission(FCC). Within the company, engineers are scrambling to assess the fallout and figure out workarounds to secure the equipment it needs, much like Huawei did two years prior, another person familiar with the matter said. Selvaraju estimates Sorrento's position should be worth in the $200 million region. “Someone — an insider, a dissident — managed to get physical access to the server [in Shanghai] from outside the building. These are currently worth around $121 million, going by NantKwest’s recent share price. CCP members and their immediate families now are limited to one-month, single-entry US permits. That’s partly why the process of applying to the Commerce Department for export licenses has dragged on. If a Biden White House takes it to the max, SMIC could be blocked from 7nm or more advanced technology while overseas rivals like Taiwan Semiconductor Manufacturing Co. dominate the market. The ESG mega-trend sent trillions of dollars pouring in last year. (To watch Porges’ track record, click here) Overall, there are 5 reviews on file, and all are to Buy, making the Strong Buy consensus unanimous. 43,478, This story has been shared 41,304 times. NiSource provides power and gas to over 4 million customers in Indiana, Kentucky, Maryland, Massachusetts, Ohio, Pennsylvania, and Virginia. What are the fastest-growing stocks to watch in 2021? With expected tariffs on more Chinese products perhaps only days away, investors betting on which companies are the most exposed should direct their sights toward Qualcomm Inc. (QCOM), a … McCaul and Rubio argue SMIC can re-purpose as much as nearly 95% of available, older-generation tools. Stock futures fall after President-elect Joe Biden unveils a $1.9 trillion Covid-19 relief package; JPMorgan, Wells Fargo and Citigroup report earnings; Tesla gets a bull case price target of $1,250 from Wedbush. Stocks currently in that category have risen 760% since March and have a combined market capitalization of $320 billion, according to George Pearkes, global macro strategist at the firm.“Stimulus is always going to be net positive for near-term growth and profits, but the question is always how much is already priced in,” said Dan Suzuki, deputy chief investment officer at Richard Bernstein Advisors. “China’s role in the world today cannot be understood without reference to the wide array of malign activities that the [CCP] undertakes to influence our societies in ways that are covert, coercive and corrupting.”. Two branches of the Pudong Maintenance Base Boeing Line Maintenance Branch Cargo Aircraft Line Maintenance total 33 members. Qualcomm was awarded a contract by the Defense Department in 2018 to develop multifactor authentication security systems for US military computers. Other Covid-19 candidates include COVIGUARD - a SARS-CoV-2 neutralizing antibody, COVI-AMG - an affinity-matured version of the COVIGUARD neutralizing antibody, a neutralizing antibody cocktail named COVI-SHIELD and COVIDTRAP, an ACE2 receptor decoy, intended to imitate the mammalian ACE2 receptor that acts as the primary portal for the SARS-CoV-2 virus to penetrate human cells. Additionally, the analyst highlights Sorrento’s “burgeoning portfolio of assets spanning three distinct therapeutic areas (non-opioid pain management, oncology and COVID-19).” In fact, on the Covid-19 front alone, Sorrento has taken a broad-based approach and has a long list of diagnostic, prophylactic and therapeutic offerings in the pipeline, with “updates likely to come fast and furious.” These include two rapid detection tests; COVI-STIX, for which the company filed for Emergency Use Authorization (EUA) in the U.S. in December, and COVI-TRACE, which Selvaraju claims could come in handy at any mass gathering event. But you have a second shot at some if analysts are right. Shares are trading at around 50 times price/forward sales and are "richly valued" compared to peers, the analyst said. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. Marco Rubio (R-Fla.) and Bob Menendez (D-NJ). “We are deeply concerned that the rules pursuant to the Entity Listing for the Semiconductor Manufacturing International Company (SMIC) will be utterly ineffective in addressing this growing national security threat,” Rubio and McCaul wrote. While its engineers may be able to sustain research and output in the short run, the latest sanctions basically freeze its capabilities while the industry advances. Automakers affected in other markets include Volkswagen, Nissan Motor Co Ltd and Fiat Chrysler Automobiles. The ban came after ZTE violated sanctions against Iran. In Q3, BlackBerry posted an ROCE of -0.02%.Keep in mind, while ROCE is a good measure of a company's recent performance, it is not a highly reliable predictor of a company's earnings or sales in the near future.View more earnings on BBROCE is an important metric for the comparison of similar companies. All of the big-name Android manufacturers use Qualcomm Snapdragon chipsets in their flagship devices. Despite the lower year-over-year revenues, NiSource has felt confident enough to maintain its dividend payment, holding it steady at 21 cents per common share through 2020. Sorry, your blog cannot share posts by email. Argus analyst Gary Hovis rates NI a Buy along with a $32 price target. He thinks the Chinesereally want Qualcomm independent — or, at least, Chinese … According to the database, 96 members in the Qualcomm Wireless Communication Technology (China) Co. Ltd. Party Branch, and 133 additional members spread … Qualcomm slumped 8% on Friday, its steepest decline since March, after Bloomberg reported that Apple kicked off development of its own modem this year. “In the past, China wasn’t too sensitive about the technological bottlenecks it has. Sen. Josh Hawley (R-Mo. To settle that prosecution, Qualcomm merely had to pay a $975 million fine and agreed to new royalty rate terms for the telecommunications chipsets used by Chinese companies going forward.