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How ReWalk Is Capitalizing on Its Big Win

A Trump Tariff Delay Could Put LBJ ETF in Play

This article was originally published on ETFTrends.com.

The Dow Jones Industrial Average closed almost 300 points higher on hopes that U.S. President Donald Trump will delay tariffs on Mexico as both sides try to hash out their differences on immigration issues. This could put certain Latin American exchange-traded funds in play for traders looking for a side to play on this latest […]

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Beyond Meat Surges 87% in Two Days

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Beyond Meat Inc. shares continued to soar on Monday, after the faux meat-maker’s first earnings report as a public company wowed analysts and investors, prompting a nearly 40% jump in the stock price on Friday.

Shares of the company, which started trading on May 1, gained as much as 34% on Monday, touching a record high of $186.43. The shares are now up a staggering 646% from the initial public offering price of $25.

The rally has come as a rude shock to bearish investors in the stock. About 51% of Beyond Meat’s free float is held short, with a notional value at $813 million, according to financial analytics firm S3 Partners.

Short investors in the stock were down $229 million in mark-to-market losses on Friday, and down $398 million year to date, according to S3 Partners’ Ihor Dusaniwsky.

Upgrade Your Memory With a Surgically Implanted Chip

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In a grainy black-and-white video shot at the Mayo Clinic in Minnesota, a patient sits in a hospital bed, his head wrapped in a bandage. He’s trying to recall 12 words for a memory test but can only conjure three: whale, pit, zoo. After a pause, he gives up, sinking his head into his hands.

In a second video, he recites all 12 words without hesitation. “No kidding, you got all of them!” a researcher says. This time the patient had help, a prosthetic memory aid inserted into his brain.


U.S. Wholesale Inventories Climb More Than Expected In April

Wholesale inventories in the U.S. increased by slightly more than anticipated in the month of April, according to a report released by the Commerce Department on Friday.

The report said wholesale inventories climbed by 0.8 percent in April after coming in virtually unchanged in March. Economists had expected inventories to rise by 0.7 percent.

Inventories of durable goods jumped by 1.0 percent in April after rising by 0.3 percent in the previous month. Automotive inventories led the way higher, spiking by 3.8 percent.

The Commerce Department said inventories of non-durable goods also increased by 0.5 percent in April following a 0.6 percent drop in March. Inventories of petroleum products and drugs showed significant growth.

Meanwhile, the report said wholesale sales fell by 0.4 percent in April after spiking by 1.8 percent in the previous month.

The pullback came as a 1.1 percent slump in sales of durable goods more than offset a 0.2 percent uptick in sales of non-durable goods.

With inventories rising and sales falling, the inventories/sales ratio for merchant wholesalers inched up to 1.34 in April from 1.33 in March.

Inside the Two New ETFs That Assist Christian Investors

This article was originally published on ETFTrends.com.

Timothy Partners, LTD., advisor to the Timothy Plan family of funds, launched two new ETFs in May that help Christian investors continue to honor God with their money. The Timothy Plan Large Cap Core (NYSEArca: TPLC) and Timothy Plan High Dividend Stock ETF (NYSEArca: TPHD) set out to be an affordable, transparent, tax-efficient and simple way to […]

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Grain Markets Shrug Off Trump Tweets on Mexico

President Donald Trump says Mexico would soon make “large” agricultural purchases from the U.S. as part of a deal on border security. Mexican officials say they’re unaware of a such an arrangement, and grain trading in Chicago suggests investors aren’t banking on any big boost to demand.

Last year, Mexico was the second-biggest buyers of U.S. farm goods, purchasing $19 billion in corn, dairy and pork and other products. U.S. producers hit by market gluts and a trade war with China will be relieved enough to keep sales flowing at the current pace without tariffs. Anything else would be a welcome surprise.

How ReWalk Is Capitalizing on Its Big Win

ReWalk Robotics Ltd. (NASDAQ: RWLK) shares took a step back on Monday after the firm announced that it would be pricing a registered direct offering for $5 million. This comes after the stock had a phenomenal week when the U.S. Food and Drug Administration (FDA) cleared ReWalk’s ReStore soft exo-suit system.

According to the firm, it has entered into definitive agreements with institutional investors providing for the issuance of approximately 833,334 shares at a purchase price of $6.00 per share in a registered direct offering priced at-the-market.

ReWalk also will issue unregistered warrants to purchase up to approximately 416,667 ordinary shares. The warrants will have a term of 5.5 years, be exercisable immediately following the issuance date and have an exercise price of $6.00 per ordinary share.

Note that this offering is expected to result in gross proceeds of approximately $5 million.

Shares of ReWalk were last seen down about 15% at $5.82, in a 52-week range of $2.46 to $33.75. The consensus price target is $4.00.