In a regulatory filing, Peloton disclosed that its CEO Jphn Paul Foley sold 100K shares of common stock on January 15th in a total transaction size of $16.0M, reducing his stake by about 25%.

Q BioMed announced that the U.S. Food and Drug Administration has granted Orphan Drug Designation for uttroside B for the treatment of hepatocellular carcinoma. Reference Link

Nidec (NJDCY) filed a patent infringement lawsuit against Seagate (STX) and its affiliates on January 18, 2021 in the United States District Court for the District of Delaware, alleging that certain of Seagate products infringe Nidec-owned U.S. patents related to hard disk drive inventions. Nidec has expanded its HDD-business all over the world, and views its intellectual property as a significantly valuable corporate asset. Nidec will continue to strictly and properly pursue the protection of its intellectual property rights whenever infringement is identified.

Says will remain "disciplined steward" of capital, but will continue to invest aggressively in growth opportunities. Says customer retention has improved from last year. Says members are willing to pay more for great stories, which gets us "fired up" about increasing rates. Says feel good about the competitive dynamic relative to Disney (DIS) given the higher ARPU. Comments taken from Q4 earnings conference call.

Says there is "so much uncertainty right now - more uncertain than we have ever seen". Says still seeing strong underlying growth metrics. Says there is too much uncertainty in the business to provide a full-year guide, but feel "very good" about long-term trajectory. Says viewing trends are similar around the world, seeing growth everywhere. Some markets are further along in business maturation. Says Netflix still under 10% of TV viewing, would like to earn more viewing time share. Comments taken from Q4 earnings conference call.

In a regulatory filing, UDR disclosed that its CEO Thomas Toomey sold 120K shares of common stock on January 14th in a total transaction size of $4.66M, reducing his stake by about 9%.

US Foods has been awarded a maximum $390M fixed-price with economic-price-adjustment, indefinite-quantity contract for full-line food distribution. This was a competitive acquisition with two responses received. This is a five-year contract with no option periods. Locations of performance are Florida, Cuba and Bahamas, with a January 18, 2026, ordering period end date. Using military services are Marine Corps, Air Force, Navy and Army. Type of appropriation is FY21 through FY26 defense working capital funds. The contracting agency is the Defense Logistics Agency.